FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * PARENTE CHARLES E   2. Issuer Name and Ticker or Trading Symbol COMMUNITY BANK SYSTEM INC [CBU] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 356 SEDGWICK COURT 3. Date of Earliest Transaction (Month/Day/Year) 01/18/2006 (Street) NAPLES, FL 34108 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/19/2006   M   837 (1) A $ 0 837 D   Common Stock               182,858 (2) I By Benevento & Mayo Partners Common Stock               3,000 I By Spouse Common Stock               10,000 I By C.E. Parente Trust, U/A 9/12/79

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$ 23.74	01/18/2006		A		3,298		01/18/2006	01/18/2016	Common Stock	3,298	$ 23.74	3,298	D
Phantom Stock (Stock Balance Plan)	$ 0	01/18/2006		A		480		(3)	(3)	Common Stock	480	$ 0	480	D
Deferred Stock (Deferred Comp.)	$ 0	01/18/2006		A		1,777.25		(4)	(4)	Common Stock	1,777.25	$ 0	2,614.83	D
Deferred Stock (Deferred Comp.)	$ 0	01/19/2006		A		19.7517		(4)	(4)	Common Stock	19.7517	$ 0	2,634.5817	D
Deferred Stock (Deferred Comp.)	$ 0	01/19/2006		M			837.5798	(4)	(4)	Common Stock	837.5798	$ 0	1,797.0019	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
PARENTE CHARLES E 356 SEDGWICK COURT NAPLES, FL 34108	X

Signatures

Donna J. Drengel, as attorney-in-fact, pursuant to a power of attorney		01/20/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Upon the exercise of the deferred compensation shares, the reporting person received cash for .5798 shares at $22.55 per share.
(2)	These shares are owned by a limited partnership. The reporting person holds a membership interest in the limited liability company that is a general partner of such limited partnership. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest in the shares.
(3)	Phantom Stock (Stock Balance Plan) may be exercised upon the later of the reporting person's attainment of age 55 or termination of service on Community Bank System, Inc.'s Board of Directors.
(4)	Awards relating to the Deferred Stock units (Deferred Comp. Plan) may be exercised upon the reporting person's attainment of age 64.

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