Chemung Financial Corporation (CHMG)

Chemung Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	80.44	35.25	54.27	17.78	87.84	110.9
Investment Securities	173.08	184.6	203.31	221.52	91.96	64.45
Trading Asset Securities	19.72	23.94	26.71	9.27	14.7	6.47
Mortgage-Backed Securities	385.39	403.82	435.13	577.36	467.87	225.23
Total Investments	578.19	612.37	665.15	808.15	574.52	296.15
Gross Loans	2,029	1,973	1,829	1,518	1,536	1,309
Allowance for Loan Losses	-21.44	-22.52	-19.66	-21.03	-20.92	-23.48
Net Loans	2,008	1,950	1,810	1,497	1,516	1,286
Property, Plant & Equipment	20.55	20.22	22.56	25.2	27.26	30.42
Goodwill	21.82	21.82	21.82	21.82	21.82	21.82
Other Intangible Assets	-	-	-	0.02	0.26	0.74
Loans Held for Sale	-	-	-	0.4	0.17	1.19
Accrued Interest Receivable	7.8	8.47	6.95	5.99	6.27	4.63
Restricted Cash	-	1.6	1.6	9.2	20.7	11
Other Real Estate Owned & Foreclosed	0.59	0.33	0.2	0.11	0.24	0.52
Other Long-Term Assets	55.02	56.74	55.02	28.37	21.68	21.62
Total Assets	2,774	2,711	2,646	2,418	2,279	1,788
Interest Bearing Deposits	1,739	1,699	1,562	1,387	1,386	1,076
Institutional Deposits	96.48	76.8	31.55	28.8	31.2	27.7
Non-Interest Bearing Deposits	616.13	653.17	733.33	739.61	620.42	468.24
Total Deposits	2,451	2,429	2,327	2,155	2,038	1,572
Short-Term Borrowings	19.74	55.9	122.57	33.79	15.06	6.83
Current Portion of Leases	0.26	1.32	-	-	-	-
Accrued Interest Payable	22.29	0.67	0.45	0.21	0.26	0.3
Other Current Liabilities	-	1.47	1.46	1.45	1.21	1.26
Federal Home Loan Bank Debt, Long-Term	50	-	-	-	-	-
Long-Term Leases	9.32	7.56	9.95	10.97	11.11	12.17
Other Long-Term Liabilities	0.83	18.95	17.52	5.16	14.33	12.5
Total Liabilities	2,554	2,515	2,479	2,207	2,080	1,605
Common Stock	0.05	0.05	0.05	0.05	0.05	0.05
Additional Paid-In Capital	48.46	47.77	47.33	46.9	46.76	46.38
Retained Earnings	243.27	229.93	211.86	188.88	168.01	153.7
Treasury Stock	-15.99	-16.5	-17.6	-17.85	-17.53	-11.71
Comprehensive Income & Other	-55.14	-66.01	-75.26	-6.53	2.4	-5.8
Shareholders' Equity	220.65	195.24	166.39	211.46	199.7	182.63
Total Liabilities & Equity	2,774	2,711	2,646	2,418	2,279	1,788
Total Debt	79.32	64.78	132.52	44.77	26.17	19
Net Cash (Debt)	20.84	-5.59	-50.07	-16.08	78.51	100.44
Net Cash Growth	-	-	-	-	-21.83%	-19.93%
Net Cash Per Share	4.38	-1.18	-10.67	-3.43	16.35	20.63
Filing Date Shares Outstanding	4.76	4.75	4.71	4.67	4.66	4.87
Total Common Shares Outstanding	4.76	4.74	4.69	4.67	4.67	4.86
Book Value Per Share	46.39	41.21	35.44	45.25	42.78	37.60
Tangible Book Value	198.83	173.42	144.56	189.62	177.62	160.06
Tangible Book Value Per Share	41.80	36.61	30.79	40.57	38.05	32.95

Source: S&P Capital IQ. Banks template. Financial Sources.