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Chemung Financial CHMG WMG — Furniture and equipment
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Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept us-gaap:EquipmentExpense.
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 |
|---|---|---|---|---|---|
| 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 |
| Total non-interest expense | 17,125 | 1,746 | 453 | (3) | 19,321 |
| Income before income tax expense (benefit) | 10,787 | 1,445 | (941) | — | 11,291 |
Item 1. Financial Statements – Unaudited
FAQ
- What is Chemung Financial's WMG — furniture and equipment?
- Chemung Financial (CHMG) reported WMG — furniture and equipment of $24K in Q2 2026.
- How has Chemung Financial's WMG — furniture and equipment changed year-over-year?
- Chemung Financial's WMG — furniture and equipment increased by 14.3% year-over-year, from $21K to $24K.
- What is the long-term trend for Chemung Financial's WMG — furniture and equipment?
- Over 2 years (2023 to 2025), Chemung Financial's WMG — furniture and equipment has grown at a -6.6% compound annual growth rate (CAGR), from $86K to $75K.
- What does WMG — furniture and equipment mean?
- This metric represents the total costs associated with the acquisition and maintenance of physical furniture and office equipment specifically allocated to the Wealth Management segment. It reflects the capital investment required to support the operational infrastructure of the advisory business. Monitoring this helps assess the overhead intensity of the segment's physical footprint.
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