COMMUNITY BK SYS INC

Ticker: CBU CUSIP: 203607106 Class: Common Stock

BRIDGEWAY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001107261)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 80,600 Value ($000) $3,073 Avg Close $25.98 Range $23.21 - $27.79

Q3 2014

Shares 80,600 Value ($000) $2,707 Avg Close $24.84 Range $23.74 - $26.46

Q2 2014

Shares 80,600 Value ($000) $2,918 Avg Close $25.72 Range $24.20 - $27.82

Q1 2014

Shares 80,600 Value ($000) $3,145 Avg Close $25.64 Range $23.14 - $28.27

Q4 2013

Shares 81,200 Value ($000) $3,222 Avg Close $25.37 Range $22.74 - $27.94

Q3 2013

Shares 80,600 Value ($000) $2,750 Avg Close $22.78 Range $20.98 - $23.68

Q2 2013

Shares 75,500 Value ($000) $2,329 Avg Close $19.67 Range $18.55 - $21.01

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	80,600	$3,073	$25.98	$23.21 - $27.79
Q3 2014	80,600	$2,707	$24.84	$23.74 - $26.46
Q2 2014	80,600	$2,918	$25.72	$24.20 - $27.82
Q1 2014	80,600	$3,145	$25.64	$23.14 - $28.27
Q4 2013	81,200	$3,222	$25.37	$22.74 - $27.94
Q3 2013	80,600	$2,750	$22.78	$20.98 - $23.68
Q2 2013	75,500	$2,329	$19.67	$18.55 - $21.01