PARENT COMPANY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2025

Condensed Financial Information Disclosure [Abstract]

Schedule of Parent Company Statement of Financial Position

Condensed parent company only financial statement information of Chemung Financial Corporation is as follows (investment in subsidiaries is recorded using the equity method of accounting) (in thousands):

BALANCE SHEETS - DECEMBER 31	2025		2024
Assets:
Cash and cash equivalents	$	6,826	$	2,252
Investment in subsidiary - Chemung Canal Trust Company	287,571		209,709
Investment in subsidiary - CFS Group, Inc.	1,552		1,450
Equity investments, at fair value	189		180
Other assets	2,793		1,977
Total assets	$	298,931	$	215,568
Liabilities and shareholders' equity:
Subordinated debt, net	$	44,028	$	—
Other liabilities	194		259
Total liabilities	44,222		259
Shareholders' equity:
Total shareholders' equity	254,709		215,309
Total liabilities and shareholders' equity	$	298,931	$	215,568

Schedule of Parent Company Statement of Income

STATEMENTS OF INCOME - YEARS ENDED DECEMBER 31	2025		2024
Dividends from subsidiary bank and non-bank	$	6,325	$	1,475
Interest and dividend income	8		35
Interest expense	2,003		—
Non-interest income	9		(24)
Non-interest expense	377		296
Income before impact of subsidiaries' undistributed earnings	3,962		1,190
Equity in undistributed earnings of Chemung Canal Trust Company	10,381		22,344
Equity in undistributed earnings of CFS Group, Inc.	102		32
Income before income tax	14,445		23,566
Income tax benefit	(659)		(105)
Net income	$	15,104	$	23,671

Schedule of Parent Company Statement of Cash Flows

STATEMENTS OF CASH FLOWS - YEARS ENDED DECEMBER 31	2025		2024
Cash flows from operating activities:
Net Income	$	15,104	$	23,671
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of Chemung Canal Trust Company	(10,381)		(22,344)
Equity in undistributed earnings of CFS Group, Inc.	(102)		(32)
Change in dividend receivable	—		1,469
Amortization of deferred costs on subordinated debt	56		—
Change in other assets	(816)		(127)
Change in other liabilities	(65)		235
Net change in fair value of equity investments	(9)		24
Net cash provided by operating activities	3,787		2,896
Cash flow from investing activities:
Downstream of subordinated debt	(37,000)		—
Net cash provided by investing activities	(37,000)		—
Cash flow from financing activities:
Cash dividends paid	(6,325)		(7,365)
Proceeds from subordinated debt issuance, net	45,000		—
Payment of subordinated debt issuance costs	(1,028)		—
Purchase of treasury stock	(396)		(344)
Sale of treasury stock	536		430
Net cash used in financing activities	37,787		(7,279)
Increase (decrease) in cash and cash equivalents	4,574		(4,383)
Cash and cash equivalents at beginning of year	2,252		6,635
Cash and cash equivalents at end of year	$	6,826	$	2,252