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Chemung Financial CHMG Core Banking — Interest Expense
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Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseOperating.
The source filing: Chemung Financial’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 2:29 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-054168
| Line item | Core Banking | WMG | Holding Company and CFS | Inter-Segment Eliminations | Consolidated Totals |
|---|---|---|---|---|---|
| Interest and dividend income | $34,891 | — | $2 | $(2) | $34,891 |
| Interest expense | 9,326 | — | 897 | (2) | 10,221 |
| Net interest income | 25,565 | — | (895) | — | 24,670 |
| Provision for credit losses | 561 | — | — | — | 561 |
| Net interest income after provision for credit losses | 25,004 | — | (895) | — | 24,109 |
| Non-interest income | 2,908 | 3,191 | 407 | (3) | 6,503 |
| Non-interest expenses: | |||||
| Compensation expense and benefits | 8,794 | 1,176 | 211 | — | 10,181 |
Item 1. Financial Statements – Unaudited
FAQ
- What is Chemung Financial's core banking — interest expense?
- Chemung Financial (CHMG) reported core banking — interest expense of $9.33M in Q2 2026.
- How has Chemung Financial's core banking — interest expense changed year-over-year?
- Chemung Financial's core banking — interest expense decreased by 22.4% year-over-year, from $12.02M to $9.33M.
- What is the long-term trend for Chemung Financial's core banking — interest expense?
- Over 4 years (2021 to 2025), Chemung Financial's core banking — interest expense has grown at a 89.1% compound annual growth rate (CAGR), from $3.42M to $43.68M.
- What does core banking — interest expense mean?
- The total cost incurred by the core banking segment to fund its operations through interest-bearing liabilities, such as customer deposits and borrowings. Monitoring this metric is essential for assessing the bank's cost of funds and its impact on net interest margins.
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