UNITED STATES

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

 
 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): September 29, 2006

 

CANANDAIGUA NATIONAL CORPORATION
(Exact name of registrant as specified in its charter)

 

2-94863

(Commission File Number)

 

 

 

New York
(State or other jurisdiction of
incorporation or organization)

 

16-1234823
(IRS Employer Identification Number)

 

 

 

72 South Main Street
Canandaigua, New York
(Address of principal executive offices)

 


14424
(Zip code)

(585) 394-4260
(Registrant's telephone number, including area code)

NOT APPLICABLE
(Former name, former address and former fiscal year, if changed since last report)

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 2.01. Completion of Acquisition or Disposition of Assets

Canandaigua National Bank & Trust (CNB), the subsidiary bank of Canandaigua National Corporation announced today the final purchase of trust operations from Financial Institutions, Inc. (NASDAQ: FISI) "(FII"), the parent company of Five Star Bank. The sale has been approved by the Comptroller of the Currency. The trust division had approximately $69 million in assets held in fiduciary or agency capacities.

Item 9.01. Press Release

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

   

CANANDAIGUA NATIONAL CORPORATION

   

(Registrant)

     
     
     

September 29, 2006

 

/s/ Lawrence A. Heilbronner

Date

 

Lawrence A. Heilbronner

   

Senior Vice President and Chief Financial Officer