CHEMUNG FINANCIAL CORP
For the period ended Mar 31, 2026. Filed May 7, 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.
Mar 31, 2026 · Filed May 7, 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 January 1, 2025 | $53 | $48,783 | $247,705 | $(16,167) | $(65,065) | $215,309 |
| Net income | — | — | 6,023 | — | — | 6,023 |
| Other comprehensive income | — | — | — | — | 8,146 | 8,146 |
| Restricted stock awards | — | 294 | — | — | — | 294 |
| Restricted stock units for directors' deferred compensation plan | — | 6 | — | — | — | 6 |
| Distribution of 26,247 shares of treasury stock grants for employee restricted stock awards | — | (764) | — | 764 | — | — |
| Cash dividends declared ($0.32 per share) | — | — | (1,533) | — | — | (1,533) |
| Distribution of 7,625 shares of treasury stock for directors' compensation | — | (222) | — | 222 | — | — |
| Withholding of 1,806 shares of common stock (b) | — | — | — | (85) | — | (85) |
| Sale of 2,958 shares of treasury stock (a) | — | 60 | — | 86 | — | 146 |
| Balances at March 31, 2025 | $53 | $48,157 | $252,195 | $(15,180) | $(56,919) | $228,306 |
| Balances at January 1, 2026 | $53 | $49,547 | $256,484 | $(15,322) | $(36,053) | $254,709 |
| Net income | — | — | 9,199 | — | — | 9,199 |
| Other comprehensive income | — | — | — | — | 329 | 329 |
| Restricted stock awards | — | 349 | — | — | — | 349 |
| Restricted stock units for directors' deferred compensation plan | — | 6 | — | — | — | 6 |
| Distribution of 22,448 shares of treasury stock grants for employee restricted stock awards | — | (664) | — | 664 | — | — |
| Cash dividends declared ($0.34 per share) | — | — | (1,639) | — | — | (1,639) |
| Distribution of 7,775 shares of treasury stock for directors' compensation | — | (230) | — | 230 | — | — |
| Withholding of 3,111 shares of common stock (b) | — | — | — | (173) | — | (173) |
| Sale of 2,813 shares of treasury stock (a) | — | 75 | — | 83 | — | 158 |
| Forfeiture of 2,096 shares of restricted stock awards | — | 111 | — | (120) | — | (9) |
| Balances at March 31, 2026 | $53 | $49,194 | $264,044 | $(14,638) | $(35,724) | $262,929 |
(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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