Chemung Financial CHMG FDIC assessments
FDIC assessments at other companies
Other financials
Where this comes from
Reported directly by Chemung Financial in its filing.
Tagged under the XBRL concept us-gaap:FederalDepositInsuranceCorporationPremiumExpense.
The official record: Chemung Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
Ask your AI about Chemung Financial's fdic assessments.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Chemung Financial's FDIC assessments?
- Chemung Financial (CHMG) reported FDIC assessments of $315K in Q1 2026.
- How has Chemung Financial's FDIC assessments changed year-over-year?
- Chemung Financial's FDIC assessments decreased by 28.2% year-over-year, from $439K to $315K.
- What is the long-term trend for Chemung Financial's FDIC assessments?
- Over 4 years (2021 to 2025), Chemung Financial's FDIC assessments has grown at a 1.9% compound annual growth rate (CAGR), from $1.41M to $1.52M.
- What does FDIC assessments mean?
- This reflects the mandatory insurance premiums paid to the Federal Deposit Insurance Corporation to protect customer deposits. The expense is calculated based on the bank's total assessment base and risk profile as determined by regulatory standards. It serves as a recurring cost of maintaining a stable deposit base and ensuring regulatory compliance.