CHEMUNG FINANCIAL CORP
For the period ended Jun 30, 2026. Filed Aug 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
| (in thousands, except share and per share data) | Common Stock | Additional Paid-in Capital | Retained Earnings | Treasury Stock | Accumulated Other Comprehensive Income (Loss) | Total |
|---|---|---|---|---|---|---|
| Balances at March 31, 2025 | $53 | $48,157 | $252,195 | $(15,180) | $(56,919) | $228,306 |
| Net income (loss) | — | — | (6,452) | — | — | (6,452) |
| Other comprehensive income | — | — | — | — | 14,214 | 14,214 |
| Restricted stock awards | — | 347 | — | — | — | 347 |
| Restricted stock units for directors' deferred compensation plan | — | 5 | — | — | — | 5 |
| Distribution of 1,284 shares of treasury stock grants for employee restricted stock awards | — | (38) | — | 38 | — | — |
| Cash dividends declared ($0.32 per share) | — | — | (1,532) | — | — | (1,532) |
| Withholding of 97 shares of common stock (b) | — | — | — | (5) | — | (5) |
| Sale of 1,772 shares of treasury stock (a) | — | 31 | — | 52 | — | 83 |
| Balances at June 30, 2025 | $53 | $48,502 | $244,211 | $(15,095) | $(42,705) | $234,966 |
| Balances at March 31, 2026 | $53 | $49,194 | $264,044 | $(14,638) | $(35,724) | $262,929 |
| Net income | — | — | 8,810 | — | — | 8,810 |
| Other comprehensive loss | — | — | — | — | (221) | (221) |
| Restricted stock awards | — | 387 | — | — | — | 387 |
| Restricted stock units for directors' deferred compensation plan | — | 6 | — | — | — | 6 |
| Cash dividends declared ($0.34 per share) | — | — | (1,638) | — | — | (1,638) |
| Withholding of 147 shares of common stock (b) | — | — | — | (11) | — | (11) |
| Sale of 1,599 shares of treasury stock (a) | — | 51 | — | 48 | — | 99 |
| Balances at June 30, 2026 | $53 | $49,638 | $271,216 | $(14,601) | $(35,945) | $270,361 |
(a)All treasury stock sales were completed at the prevailing market price with the Chemung Canal Trust Company Profit Sharing, Savings, and Investment Plan which is a defined contribution plan sponsored by the Bank.
(b)Withheld shares of common stock represent shares withheld to cover employee taxes on vesting shares.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
| (in thousands, except share and per share data) | Common Stock | Additional Paid-in Capital | Retained Earnings | Treasury Stock | Accumulated Other Comprehensive Income (Loss) | Total |
|---|---|---|---|---|---|---|
| Balances at January 1, 2025 | $53 | $48,783 | $247,705 | $(16,167) | $(65,065) | $215,309 |
| Net income (loss) | — | — | (429) | — | — | (429) |
| Other comprehensive income | — | — | — | — | 22,360 | 22,360 |
| Restricted stock awards | — | 641 | — | — | — | 641 |
| Restricted stock units for directors' deferred compensation plan | — | 11 | — | — | — | 11 |
| Distribution of 27,531 shares of treasury stock grants for employee restricted stock awards | — | (802) | — | 802 | — | — |
| Cash dividends declared ($0.64 per share) | — | — | (3,065) | — | — | (3,065) |
| Distribution of 7,625 shares of treasury stock for directors' compensation | — | (222) | — | 222 | — | — |
| Withholding of 1,903 shares of common stock (b) | — | — | — | (90) | — | (90) |
| Sale of 4,730 shares of treasury stock (a) | — | 91 | — | 138 | — | 229 |
| Balances at June 30, 2025 | $53 | $48,502 | $244,211 | $(15,095) | $(42,705) | $234,966 |
| Balances at January 1, 2026 | $53 | $49,547 | $256,484 | $(15,322) | $(36,053) | $254,709 |
| Net income | — | — | 18,009 | — | — | 18,009 |
| Other comprehensive income | — | — | — | — | 108 | 108 |
| Restricted stock awards | — | 736 | — | — | — | 736 |
| Restricted stock units for directors' deferred compensation plan | — | 12 | — | — | — | 12 |
| Distribution of 22,448 shares of treasury stock grants for employee restricted stock awards | — | (664) | — | 664 | — | — |
| Cash dividends declared ($0.68 per share) | — | — | (3,277) | — | — | (3,277) |
| Distribution of 7,775 shares of treasury stock for directors' compensation | — | (230) | — | 230 | — | — |
| Withholding of 3,258 shares of common stock (b) | — | — | — | (184) | — | (184) |
| Sale of 4,412 shares of treasury stock (a) | — | 126 | — | 131 | — | 257 |
| Forfeiture of 2,096 shares of restricted stock awards | — | 111 | — | (120) | — | (9) |
| Balances at June 30, 2026 | $53 | $49,638 | $271,216 | $(14,601) | $(35,945) | $270,361 |
(a)All treasury stock sales were completed at the prevailing market price with the Chemung Canal Trust Company Profit Sharing, Savings, and Investment Plan which is a defined contribution plan sponsored by the Bank.
(b)Withheld shares of common stock represent shares withheld to cover employee taxes on vesting shares.
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