Chemung Financial CHMG Allowance for credit losses
Allowance for credit losses at other companies
Other financials
Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.
The official record: Chemung Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Chemung Financial's allowance for credit losses?
- Chemung Financial (CHMG) reported allowance for credit losses of $24.89M in Q1 2026.
- How has Chemung Financial's allowance for credit losses changed year-over-year?
- Chemung Financial's allowance for credit losses increased by 10.5% year-over-year, from $22.52M to $24.89M.
- What is the long-term trend for Chemung Financial's allowance for credit losses?
- Over 5 years (2020 to 2025), Chemung Financial's allowance for credit losses has grown at a 3.0% compound annual growth rate (CAGR), from $20.92M to $24.21M.
- What does allowance for credit losses mean?
- Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.