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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2023 $ 195,241 $ 53 $ 47,773 $ 229,930 $ (16,502) $ (66,013)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Net income 17,757     17,757    
Other comprehensive (loss) income 10,878         10,878
Restricted stock awards 922   922      
Restricted stock units for directors' deferred compensation plan 15   15      
Distribution of shares of treasury stock grants for employee restricted stock awards 0   (171)   171  
Cash dividends declared (4,421)     (4,421)    
Distribution of shares of treasury stock for directors' compensation 0   (217)   217  
Repurchase of shares of common stock (92)       (92)  
Sale of shares of treasury stock [1] 354   130   224  
Forfeitures of shares of restricted stock awards 0   5   (5)  
Ending balance at Sep. 30, 2024 220,654 53 48,457 243,266 (15,987) (55,135)
Beginning balance at Jun. 30, 2024 201,222 53 48,102 239,021 (16,043) (69,911)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Net income 5,720     5,720    
Other comprehensive (loss) income 14,776         14,776
Restricted stock awards 309   309      
Restricted stock units for directors' deferred compensation plan 5   5      
Cash dividends declared (1,475)     (1,475)    
Repurchase of shares of common stock (10)       (10)  
Sale of shares of treasury stock [2] 107   41   66  
Ending balance at Sep. 30, 2024 220,654 53 48,457 243,266 (15,987) (55,135)
Beginning balance at Dec. 31, 2024 215,309 53 48,783 247,705 (16,167) (65,065)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Net income 7,363     7,363    
Other comprehensive (loss) income 25,989         25,989
Restricted stock awards 980   980      
Restricted stock units for directors' deferred compensation plan 17   17      
Distribution of shares of treasury stock grants for employee restricted stock awards 0   (810)   810  
Cash dividends declared (4,695)     (4,695)    
Distribution of shares of treasury stock for directors' compensation 0   (222)   222  
Repurchase of shares of common stock (101)       (101)  
Sale of shares of treasury stock [1] 462   189   273  
Forfeitures of shares of restricted stock awards (16)   90   (106)  
Ending balance at Sep. 30, 2025 245,308 53 49,027 250,373 (15,069) (39,076)
Beginning balance at Jun. 30, 2025 234,966 53 48,502 244,211 (15,095) (42,705)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Net income 7,792     7,792    
Other comprehensive (loss) income 3,629         3,629
Restricted stock awards 339   339      
Restricted stock units for directors' deferred compensation plan 6   6      
Distribution of shares of treasury stock grants for employee restricted stock awards 0   (8)   8  
Cash dividends declared (1,630)     (1,630)    
Repurchase of shares of common stock (11)       (11)  
Sale of shares of treasury stock [2] 233   98   135  
Forfeitures of shares of restricted stock awards (16)   90   (106)  
Ending balance at Sep. 30, 2025 $ 245,308 $ 53 $ 49,027 $ 250,373 $ (15,069) $ (39,076)
[1] 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
[2] 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.