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Community Financial System CBU Insurance Services — Goodwill
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Where this comes from
Reported directly by Community Financial System in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The source filing: Community Financial System’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 4:16 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001104659-26-092717
| Line item | Banking and | Employee / Benefit | Insurance | |
|---|---|---|---|---|
| Total consolidated interest expense | $45,208 | |||
| Depreciation (d) | $5,707 | $235 | $85 | $$6,086 |
| Amortization of intangible assets | 1,057 | 1,827 | 1,191 | 4,408 |
| Goodwill | 764,714 | 91,046 | 30,816 | 900,650 |
| Core deposit intangibles, net | 12,689 | 0 | 0 | 15,732 |
| Other intangibles, net | 435 | 16,445 | 21,167 | 47,312 |
| Segment assets | 17,436,748 | 228,872 | 114,278 | 17,984,281 |
| Reconciliation of segment assets: |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Community Financial System's insurance services — goodwill?
- Community Financial System (CBU) reported insurance services — goodwill of $30.82M in Q2 2026.
- How has Community Financial System's insurance services — goodwill changed year-over-year?
- Community Financial System's insurance services — goodwill increased by 10.8% year-over-year, from $27.82M to $30.82M.
- What does insurance services — goodwill mean?
- Represents the premium paid over the fair value of net assets during the acquisition of insurance-related businesses. This asset reflects the value of brand reputation, customer relationships, and synergies inherent in the segment. Changes in this balance indicate impairment risks or the impact of recent strategic acquisitions.
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