| SEGMENT INFORMATION |
NOTE K: SEGMENT INFORMATION Operating segments are components of an enterprise, which are evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and assess performance. The Company’s CODM is the President and Chief Executive Officer of the Company. The Company has identified (1) Banking and Corporate, (2) Employee Benefit Services, (3) Insurance Services, and (4) Wealth Management Services as its reportable segments and determined that segment adjusted income before income taxes is the reported measure of segment profit or loss. See “Note A Summary of Significant Accounting Policies” contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the SEC on February 27, 2026, for further detail on the factors used to identify the Company’s reportable segments and reported measure of segment profit or loss. CBNA operates the Banking and Corporate segment that provides a wide array of lending and depository-related products and services to individuals, businesses, and governmental units with branch locations in Upstate New York as well as Northeastern Pennsylvania, Vermont, Western Massachusetts and Southern New Hampshire. In addition to these general intermediation services, the Banking and Corporate segment provides treasury management solutions and payment processing services. The Banking and Corporate segment also includes certain corporate overhead-related expenses. The Employee Benefit Services segment, which includes the operating subsidiaries of BPA, BPAS Actuarial & Pension Services, LLC, BPAS Trust Company of Puerto Rico, Northeast Retirement Services, LLC, Global Trust Company, Inc., Hand Benefits & Trust Company and Hand Securities Inc., provides employee benefit trust, collective investment fund, retirement plan and health savings account administration, fund administration, transfer agency, actuarial, health and welfare consulting services and introducing broker-dealer services. The Insurance Services segment includes the operating subsidiary OneGroup, a full-service insurance agency offering personal and commercial lines of insurance and other risk management products and services, as well as the Company’s equity method investment in Leap Holdings, Inc., a Delaware corporation (“Leap”). The Wealth Management Services segment is comprised of wealth management services including trust services provided by the Nottingham Trust and ClearPoint Trust divisions within the Bank, broker-dealer and investment advisory services provided by NISI and Nottingham Wealth Partners, Inc., as well as asset management services provided by Nottingham Advisors, Inc. The accounting policies used in the disclosure of business segments are the same as those described in “Note A Summary of Significant Accounting Policies” contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the SEC on February 27, 2026, except as follows. Segment operating revenues exclude certain items considered non-core to the operating performance of the business including realized and unrealized gains or losses on investment securities. Significant segment expenses are the expense categories significant to the segment, regularly provided to or easily computed from information regularly provided to the CODM and included in segment adjusted income before income taxes. Segment adjusted income before income taxes also excludes certain items considered non-core to the operating performance of the business including amortization of intangible assets, acquisition expenses and litigation accrual. Both segment operating revenues and significant segment expenses include certain intersegment activity associated with transactions between the segments and are eliminated in consolidation. Segment assets include certain segment cash balances held as deposits with CBNA and are eliminated in consolidation. The CODM uses segment adjusted income before income taxes to measure performance and allocate resources, including employees, property and financial or capital resources, for all of the Company’s segments. The CODM considers current period actual-to-current period budget and current period actual-to-prior period actual variances on a monthly basis for each of the Company’s segments along with comparisons of the actual segment results with one another. Segment adjusted income before income taxes is also used as a factor in the determination of incentive compensation for key employees of the segments including the segment leaders. There are no transactions with a single customer that result in revenues that exceed 10 percent of consolidated total revenues. Information about reportable segments and reconciliation of the information to the consolidated financial statements follows: | | | | | | | | | | | | | | | | | | | | | Employee | | | | | Wealth | | | | | | Banking and | | Benefit | | Insurance | | Management | | | | (000’s omitted) | | Corporate | | Services | | Services | | Services | | Total | Three Months Ended June 30, 2026 | | | | | | | | | | | | | | | | Net interest income (expense) from external customers | | $ | 139,089 | | $ | 139 | | $ | 0 | | $ | (84) | | $ | 139,144 | Noninterest revenues from external customers | | | 21,239 | | | 34,885 | | | 13,195 | | | 10,445 | | | 79,764 | Revenues from external customers | | | 160,328 | | | 35,024 | | | 13,195 | | | 10,361 | | | 218,908 | Equity in net loss of investees accounted for by the equity method | | | 0 | | | 0 | | | (463) | | | 0 | | | (463) | Intersegment revenues | | | (902) | | | 1,336 | | | 79 | | | 857 | | | 1,370 | | | | 159,426 | | | 36,360 | | | 12,811 | | | 11,218 | | | 219,815 | | | | | | | | | | | | | | | | | Reconciliation of revenues (segment operating revenues): | | | | | | | | | | | | | | | | Elimination of intersegment revenues | | | | | | | | | | | | | | | (1,370) | Other revenues (a) | | | | | | | | | | | | | | | 4,710 | Total consolidated revenues | | | | | | | | | | | | | | $ | 223,155 | | | | | | | | | | | | | | | | | Less segment expenses: (b) | | | | | | | | | | | | | | | | Provision for credit losses | | | 4,607 | | | 0 | | | 0 | | | 0 | | | | Salaries and employee benefits | | | 52,003 | | | 16,182 | | | 8,638 | | | 6,439 | | | | Data processing and communications | | | 16,640 | | | 1,254 | | | 947 | | | 845 | | | | Occupancy and equipment | | | 12,383 | | | 987 | | | 412 | | | 129 | | | | Legal and professional fees | | | 2,513 | | | 1,812 | | | 88 | | | 88 | | | | Business development and marketing | | | 2,036 | | | 159 | | | 272 | | | 89 | | | | Other segment items (c) | | | 7,556 | | | 2,125 | | | 449 | | | 186 | | | | Segment adjusted income before income taxes | | $ | 61,688 | | $ | 13,841 | | $ | 2,005 | | $ | 3,442 | | $ | 80,976 | | | | | | | | | | | | | | | | | Reconciliation of profit or loss (segment adjusted income before income taxes): | | | | | | | | | | | | | | | | Gain on equity securities | | | | | | | | | | | | | | | 4,710 | Amortization of intangible assets | | | | | | | | | | | | | | | (4,408) | Litigation accrual | | | | | | | | | | | | | | | (335) | Acquisition-related contingent consideration adjustments | | | | | | | | | | | | | | | 103 | Acquisition expenses | | | | | | | | | | | | | | | (231) | Total consolidated income before income taxes | | | | | | | | | | | | | | $ | 80,815 | | | | | | | | | | | | | | | | | Other segment disclosures: | | | | | | | | | | | | | | | | Interest income | | $ | 184,178 | | $ | 831 | | $ | 54 | | $ | 481 | | $ | 185,544 | | | | | | | | | | | | | | | | | Reconciliation of interest income: | | | | | | | | | | | | | | | | Elimination of intersegment interest income | | | | | | | | | | | | | | | (1,192) | Total consolidated interest income | | | | | | | | | | | | | | $ | 184,352 | | | | | | | | | | | | | | | | | Interest expense | | $ | 46,280 | | $ | 0 | | $ | 0 | | $ | 120 | | $ | 46,400 | | | | | | | | | | | | | | | | | Reconciliation of interest expense: | | | | | | | | | | | | | | | | Elimination of intersegment interest expense | | | | | | | | | | | | | | | (1,192) | Total consolidated interest expense | | | | | | | | | | | | | | $ | 45,208 | | | | | | | | | | | | | | | | | Depreciation (d) | | $ | 5,707 | | $ | 235 | | $ | 85 | | $ | 59 | | $ | 6,086 | Amortization of intangible assets | | | 1,057 | | | 1,827 | | | 1,191 | | | 333 | | | 4,408 | Goodwill | | | 764,714 | | | 91,046 | | | 30,816 | | | 14,074 | | | 900,650 | Core deposit intangibles, net | | | 12,689 | | | 0 | | | 0 | | | 3,043 | | | 15,732 | Other intangibles, net | | | 435 | | | 16,445 | | | 21,167 | | | 9,265 | | | 47,312 | Segment assets | | | 17,436,748 | | | 228,872 | | | 114,278 | | | 204,383 | | | 17,984,281 | | | | | | | | | | | | | | | | | Reconciliation of segment assets: | | | | | | | | | | | | | | | | Elimination of intersegment cash and deposits | | | | | | | | | | | | | | | (220,511) | Total consolidated assets | | | | | | | | | | | | | | $ | 17,763,770 |
(a)Other revenues includes $4,710 of gain on equity securities. (b) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intersegment expenses are included within the amounts shown. |
(c)Other segment items for each reportable segment includes: Banking and Corporate – FDIC insurance expense, office supplies and postage expense, fraud losses and other writedowns, education, recruiting and travel expense and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Employee Benefit Services – Certain intersegment technology and rent related overhead expense allocations, education, recruiting and travel expense, office supplies and postage expense and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Insurance Services – Education, recruiting and travel expense, certain intersegment technology and rent related overhead expense allocations and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Wealth Management Services – Education, recruiting and travel expense, certain intersegment technology and rent related overhead expense allocations and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. (d)The amount of depreciation disclosed by reportable segment is included within the data processing and communications and occupancy and equipment expense captions. | | | | | | | | | | | | | | | | | | | | | Employee | | | | | Wealth | | | | | | Banking and | | Benefit | | Insurance | | Management | | | | (000’s omitted) | | Corporate | | Services | | Services | | Services | | Total | Three Months Ended June 30, 2025 | | | | | | | | | | | | | | | | Net interest income from external customers | | $ | 124,615 | | $ | 133 | | $ | 0 | | $ | 0 | | $ | 124,748 | Noninterest revenues from external customers | | | 19,728 | | | 32,681 | | | 13,388 | | | 8,712 | | | 74,509 | Revenues from external customers | | | 144,343 | | | 32,814 | | | 13,388 | | | 8,712 | | | 199,257 | Intersegment revenues | | | (421) | | | 1,078 | | | 76 | | | 507 | | | 1,240 | | | | 143,922 | | | 33,892 | | | 13,464 | | | 9,219 | | | 200,497 | | | | | | | | | | | | | | | | | Reconciliation of revenues (segment operating revenues): | | | | | | | | | | | | | | | | Elimination of intersegment revenues | | | | | | | | | | | | | | | (1,240) | Other revenues (a) | | | | | | | | | | | | | | | (1) | Total consolidated revenues | | | | | | | | | | | | | | $ | 199,256 | | | | | | | | | | | | | | | | | Less segment expenses: (b) | | | | | | | | | | | | | | | | Provision for credit losses | | | 4,117 | | | 0 | | | 0 | | | 0 | | | | Salaries and employee benefits | | | 48,647 | | | 16,574 | | | 8,884 | | | 5,699 | | | | Data processing and communications | | | 13,953 | | | 1,196 | | | 855 | | | 694 | | | | Occupancy and equipment | | | 10,107 | | | 881 | | | 391 | | | 133 | | | | Legal and professional fees | | | 2,600 | | | 1,570 | | | 179 | | | 202 | | | | Business development and marketing | | | 3,644 | | | 71 | | | 260 | | | 27 | | | | Other segment items (c) | | | 6,362 | | | 1,689 | | | 648 | | | 115 | | | | Segment adjusted income before income taxes | | $ | 54,492 | | $ | 11,911 | | $ | 2,247 | | $ | 2,349 | | $ | 70,999 | | | | | | | | | | | | | | | | | Reconciliation of profit or loss (segment adjusted income before income taxes): | | | | | | | | | | | | | | | | Loss on equity securities | | | | | | | | | | | | | | | (1) | Amortization of intangible assets | | | | | | | | | | | | | | | (3,369) | Restructuring expenses | | | | | | | | | | | | | | | (1,525) | Acquisition expenses | | | | | | | | | | | | | | | (67) | Total consolidated income before income taxes | | | | | | | | | | | | | | $ | 66,037 | | | | | | | | | | | | | | | | | Other segment disclosures: | | | | | | | | | | | | | | | | Interest income | | $ | 172,745 | | $ | 595 | | $ | 50 | | $ | 130 | | $ | 173,520 | | | | | | | | | | | | | | | | | Reconciliation of interest income: | | | | | | | | | | | | | | | | Elimination of intersegment interest income | | | | | | | | | | | | | | | (642) | Total consolidated interest income | | | | | | | | | | | | | | $ | 172,878 | | | | | | | | | | | | | | | | | Interest expense | | $ | 48,772 | | $ | 0 | | $ | 0 | | $ | 0 | | $ | 48,772 | | | | | | | | | | | | | | | | | Reconciliation of interest expense: | | | | | | | | | | | | | | | | Elimination of intersegment interest expense | | | | | | | | | | | | | | | (642) | Total consolidated interest expense | | | | | | | | | | | | | | $ | 48,130 | | | | | | | | | | | | | | | | | Depreciation (d) | | $ | 3,328 | | $ | 176 | | $ | 102 | | $ | 51 | | $ | 3,657 | Amortization of intangible assets | | | 585 | | | 1,774 | | | 883 | | | 127 | | | 3,369 | Goodwill | | | 732,598 | | | 90,959 | | | 27,822 | | | 3,438 | | | 854,817 | Core deposit intangibles, net | | | 3,963 | | | 0 | | | 0 | | | 0 | | | 3,963 | Other intangibles, net | | | 621 | | | 21,992 | | | 16,082 | | | 906 | | | 39,601 | Segment assets | | | 16,429,774 | | | 223,464 | | | 72,623 | | | 39,132 | | | 16,764,993 | | | | | | | | | | | | | | | | | Reconciliation of segment assets: | | | | | | | | | | | | | | | | Elimination of intersegment cash and deposits | | | | | | | | | | | | | | | (99,975) | Total consolidated assets | | | | | | | | | | | | | | $ | 16,665,018 |
(a)Other revenues includes $1 of loss on equity securities. (b) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intersegment expenses are included within the amounts shown. |
(c)Other segment items for each reportable segment includes: Banking and Corporate – FDIC insurance expense, office supplies and postage expense, fraud losses and other writedowns, education, recruiting and travel expense and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Employee Benefit Services – Certain intersegment technology and rent related overhead expense allocations, education, recruiting and travel expense, office supplies and postage expense and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Insurance Services – Education, recruiting and travel expense, certain intersegment technology and rent related overhead expense allocations and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Wealth Management Services – Education, recruiting and travel expense, certain intersegment technology and rent related overhead expense allocations and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. (d)The amount of depreciation disclosed by reportable segment is included within the data processing and communications and occupancy and equipment expense captions. | | | | | | | | | | | | | | | | | | | | | Employee | | | | | Wealth | | | | | | Banking and | | Benefit | | Insurance | | Management | | | | (000’s omitted) | | Corporate | | Services | | Services | | Services | | Total | Six Months Ended June 30, 2026 | | | | | | | | | | | | | | | | Net interest income (expense) from external customers | | $ | 273,668 | | $ | 272 | | $ | 0 | | $ | (84) | | $ | 273,856 | Noninterest revenues from external customers | | | 42,991 | | | 69,476 | | | 25,781 | | | 20,817 | | | 159,065 | Revenues from external customers | | | 316,659 | | | 69,748 | | | 25,781 | | | 20,733 | | | 432,921 | Equity in net loss of investees accounted for by the equity method | | | 0 | | | 0 | | | (789) | | | 0 | | | (789) | Intersegment revenues | | | (1,702) | | | 2,923 | | | 150 | | | 1,548 | | | 2,919 | | | | 314,957 | | | 72,671 | | | 25,142 | | | 22,281 | | | 435,051 | | | | | | | | | | | | | | | | | Reconciliation of revenues (segment operating revenues): | | | | | | | | | | | | | | | | Elimination of intersegment revenues | | | | | | | | | | | | | | | (2,919) | Other revenues (a) | | | | | | | | | | | | | | | 4,309 | Total consolidated revenues | | | | | | | | | | | | | | $ | 436,441 | | | | | | | | | | | | | | | | | Less segment expenses: (b) | | | | | | | | | | | | | | | | Provision for credit losses | | | 10,243 | | | 0 | | | 0 | | | 0 | | | | Salaries and employee benefits | | | 102,133 | | | 32,828 | | | 17,220 | | | 12,360 | | | | Data processing and communications | | | 31,588 | | | 2,471 | | | 1,918 | | | 1,580 | | | | Occupancy and equipment | | | 25,675 | | | 2,016 | | | 854 | | | 273 | | | | Legal and professional fees | | | 5,509 | | | 3,882 | | | 167 | | | 312 | | | | Business development and marketing | | | 4,259 | | | 263 | | | 412 | | | 157 | | | | Other segment items (c) | | | 14,251 | | | 3,043 | | | 717 | | | 250 | | | | Segment adjusted income before income taxes | | $ | 121,299 | | $ | 28,168 | | $ | 3,854 | | $ | 7,349 | | $ | 160,670 | | | | | | | | | | | | | | | | | Reconciliation of profit or loss (segment adjusted income before income taxes): | | | | | | | | | | | | | | | | Gain on equity securities | | | | | | | | | | | | | | | 4,309 | Amortization of intangible assets | | | | | | | | | | | | | | | (8,654) | Litigation accrual | | | | | | | | | | | | | | | (335) | Acquisition-related contingent consideration adjustments | | | | | | | | | | | | | | | 103 | Acquisition expenses | | | | | | | | | | | | | | | (664) | Total consolidated income before income taxes | | | | | | | | | | | | | | $ | 155,429 | | | | | | | | | | | | | | | | | Other segment disclosures: | | | | | | | | | | | | | | | | Interest income | | $ | 364,031 | | $ | 1,777 | | $ | 99 | | $ | 652 | | $ | 366,559 | | | | | | | | | | | | | | | | | Reconciliation of interest income: | | | | | | | | | | | | | | | | Elimination of intersegment interest income | | | | | | | | | | | | | | | (2,220) | Total consolidated interest income | | | | | | | | | | | | | | $ | 364,339 | | | | | | | | | | | | | | | | | Interest expense | | $ | 92,583 | | $ | 0 | | $ | 0 | | $ | 120 | | $ | 92,703 | | | | | | | | | | | | | | | | | Reconciliation of interest expense: | | | | | | | | | | | | | | | | Elimination of intersegment interest expense | | | | | | | | | | | | | | | (2,220) | Total consolidated interest expense | | | | | | | | | | | | | | $ | 90,483 | | | | | | | | | | | | | | | | | Depreciation (d) | | $ | 10,629 | | $ | 435 | | $ | 173 | | $ | 104 | | $ | 11,341 | Amortization of intangible assets | | | 2,152 | | | 3,661 | | | 2,379 | | | 462 | | | 8,654 |
(a)Other revenues includes $4,309 of gain on equity securities. (b) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intersegment expenses are included within the amounts shown. |
(c)Other segment items for each reportable segment includes: Banking and Corporate – FDIC insurance expense, office supplies and postage expense, fraud losses and other writedowns, education, recruiting and travel expense and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Employee Benefit Services – Certain intersegment technology and rent related overhead expense allocations, education, recruiting and travel expense, office supplies and postage expense and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Insurance Services – Education, recruiting and travel expense, certain intersegment technology and rent related overhead expense allocations and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Wealth Management Services – Education, recruiting and travel expense, certain intersegment technology and rent related overhead expense allocations and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. (d)The amount of depreciation disclosed by reportable segment is included within the data processing and communications and occupancy and equipment expense captions. | | | | | | | | | | | | | | | | | | | | | Employee | | | | | Wealth | | | | | | Banking and | | Benefit | | Insurance | | Management | | | | (000’s omitted) | | Corporate | | Services | | Services | | Services | | Total | Six Months Ended June 30, 2025 | | | | | | | | | | | | | | | | Net interest income from external customers | | $ | 244,702 | | $ | 258 | | $ | 0 | | $ | 0 | | $ | 244,960 | Noninterest revenues from external customers | | | 38,544 | | | 65,565 | | | 27,589 | | | 18,602 | | | 150,300 | Revenues from external customers | | | 283,246 | | | 65,823 | | | 27,589 | | | 18,602 | | | 395,260 | Intersegment revenues | | | (852) | | | 2,185 | | | 145 | | | 1,103 | | | 2,581 | | | | 282,394 | | | 68,008 | | | 27,734 | | | 19,705 | | | 397,841 | | | | | | | | | | | | | | | | | Reconciliation of revenues (segment operating revenues): | | | | | | | | | | | | | | | | Elimination of intersegment revenues | | | | | | | | | | | | | | | (2,581) | Other revenues (a) | | | | | | | | | | | | | | | 244 | Total consolidated revenues | | | | | | | | | | | | | | $ | 395,504 | | | | | | | | | | | | | | | | | Less segment expenses: (b) | | | | | | | | | | | | | | | | Provision for credit losses | | | 10,807 | | | 0 | | | 0 | | | 0 | | | | Salaries and employee benefits | | | 95,772 | | | 32,629 | | | 17,231 | | | 11,429 | | | | Data processing and communications | | | 27,440 | | | 2,279 | | | 1,728 | | | 1,373 | | | | Occupancy and equipment | | | 21,292 | | | 1,837 | | | 832 | | | 275 | | | | Legal and professional fees | | | 6,070 | | | 2,996 | | | 279 | | | 310 | | | | Business development and marketing | | | 6,567 | | | 87 | | | 446 | | | 31 | | | | Other segment items (c) | | | 13,681 | | | 2,829 | | | 863 | | | 303 | | | | Segment adjusted income before income taxes | | $ | 100,765 | | $ | 25,351 | | $ | 6,355 | | $ | 5,984 | | $ | 138,455 | | | | | | | | | | | | | | | | | Reconciliation of profit or loss (segment adjusted income before income taxes): | | | | | | | | | | | | | | | | Gain on equity securities | | | | | | | | | | | | | | | 244 | Amortization of intangible assets | | | | | | | | | | | | | | | (6,851) | Restructuring expenses | | | | | | | | | | | | | | | (1,525) | Acquisition expenses | | | | | | | | | | | | | | | (68) | Litigation accrual | | | | | | | | | | | | | | | 50 | Total consolidated income before income taxes | | | | | | | | | | | | | | $ | 130,305 | | | | | | | | | | | | | | | | | Other segment disclosures: | | | | | | | | | | | | | | | | Interest income | | $ | 340,267 | | $ | 1,196 | | $ | 94 | | $ | 258 | | $ | 341,815 | | | | | | | | | | | | | | | | | Reconciliation of interest income: | | | | | | | | | | | | | | | | Elimination of intersegment interest income | | | | | | | | | | | | | | | (1,290) | Total consolidated interest income | | | | | | | | | | | | | | $ | 340,525 | | | | | | | | | | | | | | | | | Interest expense | | $ | 96,855 | | $ | 0 | | $ | 0 | | $ | 0 | | $ | 96,855 | | | | | | | | | | | | | | | | | Reconciliation of interest expense: | | | | | | | | | | | | | | | | Elimination of intersegment interest expense | | | | | | | | | | | | | | | (1,290) | Total consolidated interest expense | | | | | | | | | | | | | | $ | 95,565 | | | | | | | | | | | | | | | | | Depreciation (d) | | $ | 6,628 | | $ | 364 | | $ | 208 | | $ | 101 | | $ | 7,301 | Amortization of intangible assets | | | 1,288 | | | 3,491 | | | 1,807 | | | 265 | | | 6,851 |
(a)Other revenues includes $244 of gain on equity securities. (b) | The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intersegment expenses are included within the amounts shown. |
(c)Other segment items for each reportable segment includes: Banking and Corporate – FDIC insurance expense, office supplies and postage expense, fraud losses and other writedowns, education, recruiting and travel expense and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Employee Benefit Services – Certain intersegment technology and rent related overhead expense allocations, education, recruiting and travel expense, office supplies and postage expense and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Insurance Services – Education, recruiting and travel expense, certain intersegment technology and rent related overhead expense allocations and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. Wealth Management Services – Education, recruiting and travel expense, certain intersegment technology and rent related overhead expense allocations and various miscellaneous expenses partially offset by a benefit related to the non-service related components of the Company's pension. (d)The amount of depreciation disclosed by reportable segment is included within the data processing and communications and occupancy and equipment expense captions.
|