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Chemung Financial CHMG WMG — Compensation expense and benefits
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Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 |
|---|---|---|---|---|---|
| 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 |
| Net occupancy expense | 1,479 | 67 | 3 | (3) | 1,546 |
| Furniture and equipment expense | 458 | 24 | 16 | — | 498 |
| Data processing & software expense | 2,329 | 278 | 8 | — | 2,615 |
| Other non-interest expenses | 4,065 | 201 | 215 | — | 4,481 |
Item 1. Financial Statements – Unaudited
FAQ
- What is Chemung Financial's WMG — compensation expense and benefits?
- Chemung Financial (CHMG) reported WMG — compensation expense and benefits of $1.18M in Q2 2026.
- How has Chemung Financial's WMG — compensation expense and benefits changed year-over-year?
- Chemung Financial's WMG — compensation expense and benefits decreased by 10.9% year-over-year, from $1.32M to $1.18M.
- What is the long-term trend for Chemung Financial's WMG — compensation expense and benefits?
- Over 2 years (2023 to 2025), Chemung Financial's WMG — compensation expense and benefits has grown at a 8.8% compound annual growth rate (CAGR), from $5.17M to $6.12M.
- What does WMG — compensation expense and benefits mean?
- The total costs associated with salaries, bonuses, and employee benefits for staff within the wealth management segment. As wealth management is a human-capital-intensive business, this metric is a primary driver of operating expenses. It is used to assess the cost structure and efficiency of the segment's workforce.
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