Community Bank System, Inc. acquires Elmira Savings Bank

Transaction Details

Announcement:
10/3/21

Consideration:
$82.8M

Consideration Mix:
100 Cash

P/TBV:
1.62x

Source: CapitalIQ

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Buyer

Community Bank System, Inc. Onondaga, NY

Seller

Elmira Savings Bank Elmira, NY

Financial Highlights
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Loan Portfolio
Consolidated Maturities
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Funding Profile

Data as of 2021Q3.