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Community Bank reports first quarter earnings growth

May 9, 2013

SYRACUSE - Community Bank System, Inc. reported first quarter 2013 net income of $20.2 million, an increase of 7.5 percent compared with $18.8 million earned for the first quarter of 2012. Diluted earnings per share totaled $0.50 for the first quarter, up 4.2 percent from $0.48 reported in the first quarter 2012. Net income and earnings per share were the highest ever recorded by the company in a first quarter.



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