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Chemung Financial CHMG WMG — Financing Receivable, Credit Loss, Expense (Reversal)
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Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.
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 WMG — financing receivable, credit loss, expense (reversal)?
- Chemung Financial (CHMG) reported WMG — financing receivable, credit loss, expense (reversal) of $0 in Q2 2026.
- What does WMG — financing receivable, credit loss, expense (reversal) mean?
- The provision or reversal of expenses related to expected credit losses on financing receivables within the wealth management segment. This reflects the segment's assessment of credit risk and the quality of its loan or credit-related assets. It is a vital indicator of the segment's risk management and asset quality.
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