CHEMUNG FINANCIAL CORP (CHMG)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenues from contracts with customer-Interchange Revenue | 1,110 | - | - | - |
| Revenues from contracts with customer-Wealth Management Group Services Segment | 2,993 | - | - | - |
| Revenues from contracts with customer-Service Chargeon Deposits | 1,114 | - | - | - |
| Other | 1,406 | 875 | 589 | 573 |
| Net gains (losses) on sales of other real estate owned | 3 | -11 | -19 | -3 |
| Net gains on sales of loans held for sale | 51 | 40 | 91 | 39 |
| Changes in fair value of equity investments | 108 | -47 | 118 | 14 |
| Net (losses) on security transactions | -17,498 | - | - | - |
| Income from bank-owned life insurance | 8 | 8 | 10 | 10 |
| Revenues from contracts with customer | - | 5,024 | 5,130 | 4,965 |
| Total non-interest income | -10,705 | 5,889 | 5,919 | 5,598 |
| Professional services | 805 | 638 | 522 | 558 |
| Other | 1,853 | 1,764 | 1,887 | 1,737 |
| Net occupancy | 1,431 | 1,533 | 1,422 | 1,445 |
| Other components of net periodic pension and postretirement benefits | -113 | -113 | -227 | -232 |
| Marketing and advertising | 351 | 339 | 210 | 388 |
| Data processing | 2,563 | 2,534 | 2,567 | 2,297 |
| Fdic insurance | 434 | 439 | 524 | 516 |
| Furniture and equipment | 455 | 373 | 402 | 397 |
| Salaries and wages | 7,579 | 7,209 | 7,168 | 6,823 |
| Pension and other employee benefits | 2,112 | 1,922 | 1,627 | 2,078 |
| Other real estate owned | 3 | 11 | 55 | 12 |
| Loan expense | 296 | 278 | 353 | 200 |
| Total non-interest expense | 17,769 | 16,927 | 16,510 | 16,219 |
| Provision (credit) for credit losses | 1,145 | 1,092 | 564 | 879 |
| Deposits | 11,076 | 11,156 | 13,005 | 12,711 |
| Borrowed funds | 1,150 | 725 | 969 | 914 |
| Total interest expense | 12,226 | 11,881 | 13,974 | 13,625 |
| Tax exempt securities | 214 | 251 | 250 | 254 |
| Taxable securities | 2,530 | 3,023 | 3,060 | 3,251 |
| Interest-earning deposits | 855 | 325 | 441 | 367 |
| Loans, including fees | 29,435 | 28,099 | 28,611 | 27,514 |
| Total interest and dividend income | 33,034 | 31,698 | 32,362 | 31,386 |
| Net interest income | 20,808 | 19,817 | 18,388 | 17,761 |
| Net interest income after provision for credit losses | 19,663 | 18,725 | 17,824 | 16,882 |
| Income (loss) before income tax expense | -8,811 | 7,687 | 7,233 | 6,261 |
| Income tax expense (benefit) | -2,359 | 1,664 | 1,513 | 1,274 |
| Net income (loss) | -6,452 | 6,023 | 5,720 | 4,987 |
| Basic earnings (loss) per share (in dollars per share) | -1.35 | 1.26 | 1.19 | 1.05 |
| Diluted earnings (loss) per share (in dollars per share) | -1.35 | 1.26 | 1.19 | 1.05 |
| Weighted average shares outstanding, basic (in shares) | 4,808,000 | 4,791,000 | 4,773,000 | 4,770,000 |
| Weighted average shares outstanding, diluted (in shares) | 4,808,000 | 4,791,000 | 4,773,000 | 4,770,000 |