401k Plan data: THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN plan

THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	003

THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

COMMUNITY BANK SYSTEM, INC. has sponsored the creation of one or more 401k plans.

Company Name: COMMUNITY BANK SYSTEM, INC.

Employer identification number (EIN): 161213679

NAIC Classification: 523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2016-01-01 BERNADETTE BARBER
003 2015-01-01 BERNADETTE BARBER

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2016-01-01	BERNADETTE BARBER
003	2015-01-01	BERNADETTE BARBER

Plan Statistics for THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2016: THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 319
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
2015: THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 380
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 0
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 317
Total of all active and inactive participants 2015-01-01 317
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 2
Total participants 2015-01-01 319
Number of participants with account balances 2015-01-01 319
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0

Measure	Date	Value
2016: THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	319
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
2015: THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	380
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	0
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	317
Total of all active and inactive participants	2015-01-01	317
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	2
Total participants	2015-01-01	319
Number of participants with account balances	2015-01-01	319
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0

Financial Data on THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2016 : THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2016-03-31	$-378,512
Total unrealized appreciation/depreciation of assets	2016-03-31	$-378,512
Total transfer of assets from this plan	2016-03-31	$9,136,955
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-03-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-03-31	$0
Total income from all sources (including contributions)	2016-03-31	$-378,512
Total loss/gain on sale of assets	2016-03-31	$0
Total of all expenses incurred	2016-03-31	$0
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-03-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-03-31	$0
Value of total assets at end of year	2016-03-31	$0
Value of total assets at beginning of year	2016-03-31	$9,515,467
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-03-31	$0
Total interest from all sources	2016-03-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2016-03-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-03-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2016-03-31	$0
Was this plan covered by a fidelity bond	2016-03-31	Yes
Value of fidelity bond cover	2016-03-31	$6,000,000
If this is an individual account plan, was there a blackout period	2016-03-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-03-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-03-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-03-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2016-03-31	$52,007
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-03-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-03-31	$0
Total non interest bearing cash at end of year	2016-03-31	$0
Total non interest bearing cash at beginning of year	2016-03-31	$126
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-03-31	No
Value of net income/loss	2016-03-31	$-378,512
Value of net assets at end of year (total assets less liabilities)	2016-03-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-03-31	$9,515,467
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-03-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-03-31	No
Were any leases to which the plan was party in default or uncollectible	2016-03-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-03-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-03-31	$2,762,840
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-03-31	$2,762,840
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-03-31	Yes
Was there a failure to transmit to the plan any participant contributions	2016-03-31	No
Has the plan failed to provide any benefit when due under the plan	2016-03-31	No
Assets. Invements in employer securities at end of year	2016-03-31	$0
Assets. Invements in employer securities at beginning of year	2016-03-31	$6,700,494
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-03-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2016-03-31	Yes
Did the plan have assets held for investment	2016-03-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-03-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-03-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-03-31	No
Opinion of an independent qualified public accountant for this plan	2016-03-31	Unqualified
Accountancy firm name	2016-03-31	CROWE HORWATH LLP
Accountancy firm EIN	2016-03-31	350921680
2015 : THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$2,830,099
Total unrealized appreciation/depreciation of assets	2015-12-31	$2,830,099
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$4,217,580
Total loss/gain on sale of assets	2015-12-31	$971,616
Total of all expenses incurred	2015-12-31	$1,096,232
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$1,096,232
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$0
Value of total assets at end of year	2015-12-31	$9,515,467
Value of total assets at beginning of year	2015-12-31	$6,394,119
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$0
Total interest from all sources	2015-12-31	$166
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$210,647
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$6,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$52,007
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$55,447
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$0
Other income not declared elsewhere	2015-12-31	$205,052
Total non interest bearing cash at end of year	2015-12-31	$126
Total non interest bearing cash at beginning of year	2015-12-31	$2
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$3,121,348
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$9,515,467
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$6,394,119
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$2,762,840
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$331,864
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$331,864
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$166
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Assets. Invements in employer securities at end of year	2015-12-31	$6,700,494
Assets. Invements in employer securities at beginning of year	2015-12-31	$6,006,806
Income. Dividends from common stock	2015-12-31	$210,647
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$1,096,232
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Aggregate proceeds on sale of assets	2015-12-31	$2,771,752
Aggregate carrying amount (costs) on sale of assets	2015-12-31	$1,800,136
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2015-12-31	350921680

Form 5500 Responses for THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

2016: THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

THE ONEIDA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN [EIN = 150405820]

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Company Name:	COMMUNITY BANK SYSTEM, INC.
Employer identification number (EIN):	161213679
NAIC Classification:	523900