XML 107 R79.htm IDEA: XBRL DOCUMENT v3.3.1.900
PARENT COMPANY FINANCIAL INFORMATION (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Assets:        
Cash on deposit with subsidiary bank $ 24,886 $ 28,130    
Securities available for sale, at estimated fair value 344,820 280,507    
Total assets 1,619,964 1,524,539 $ 1,476,143  
Liabilities and shareholders' equity:        
Dividends payable 1,214 1,204 1,195  
Total liabilities 1,482,722 1,390,911    
Shareholders' equity:        
Total shareholders' equity 137,242 133,628 138,578 $ 131,115
Total liabilities and shareholders' equity 1,619,964 1,524,539    
STATEMENTS OF INCOME [Abstract]        
Income before income tax expense 14,091 11,866 12,553  
Income tax benefit 4,658 3,709 3,822  
Net income 9,433 8,157 8,731  
Cash flows from operating activities:        
Net income 9,433 8,157 8,731  
Adjustments to reconcile net income to net cash provided by operating activities:        
Change in other assets 4,931 (7,579) (4,246)  
Change in other liabilities (9,421) 15,086 9,403  
Net cash provided by operating activities 14,123 18,443 22,972  
Cash flow from financing activities:        
Purchase of treasury stock 0 0 (93)  
Sale of treasury stock 438 0 71  
Net cash provided by financing activities 97,547 30,249 34,883  
Increase (decrease) in cash and cash equivalents (2,978) (22,446) 11,368  
Cash and cash equivalents, beginning of period 29,163 51,609 40,241  
Cash and cash equivalents, end of period 26,185 29,163 51,609  
Parent Company        
Assets:        
Cash on deposit with subsidiary bank 1,795 3,200    
Dividends receivable from subsidiary bank 1,214 1,204    
Securities available for sale, at estimated fair value 337 346    
Other assets 907 1,129    
Total assets 138,510 134,868    
Liabilities and shareholders' equity:        
Dividends payable 1,214 1,204    
Other liabilities 54 36    
Total liabilities 1,268 1,240    
Shareholders' equity:        
Total shareholders' equity 137,242 133,628    
Total liabilities and shareholders' equity 138,510 134,868    
STATEMENTS OF INCOME [Abstract]        
Dividends from subsidiary bank 2,424 4,805 4,778  
Interest and dividend income 9 10 9  
Other income 0 0 132  
Operating expenses 270 261 324  
Income before income tax expense 2,163 4,554 4,595  
Income before income tax 9,264 7,990 8,607  
Income tax benefit (169) (167) (124)  
Net income 9,433 8,157 8,731  
Cash flows from operating activities:        
Net income 9,433 8,157 8,731  
Adjustments to reconcile net income to net cash provided by operating activities:        
Change in dividend receivable (10) (9) (1,195)  
Change in other assets 222 126 558  
Change in other liabilities (23) 110 79  
Expense related to employee stock compensation 93 117 112  
Expense related to restricted stock units for directors' deferred compensation plan 95 94 99  
Expense to employee restricted stock awards 314 151 131  
Net cash provided by operating activities 3,023 5,310 4,503  
Cash flow from financing activities:        
Cash dividends paid (4,833) (4,796) (3,583)  
Purchase of treasury stock (33) 0 (93)  
Sale of treasury stock 438 0 71  
Net cash provided by financing activities (4,428) (4,796) (3,605)  
Increase (decrease) in cash and cash equivalents (1,405) 514 898  
Cash and cash equivalents, beginning of period 3,200 2,686 1,788  
Cash and cash equivalents, end of period 1,795 3,200 2,686  
Parent Company | Chemung Canal Trust Company        
Assets:        
Investment in subsidiary 133,263 128,081    
STATEMENTS OF INCOME [Abstract]        
Equity in undistributed earnings 7,015 3,307 3,873  
Adjustments to reconcile net income to net cash provided by operating activities:        
Equity in undistributed earnings (7,015) (3,307) (3,873)  
Parent Company | CFS Group Inc.        
Assets:        
Investment in subsidiary 994 908    
STATEMENTS OF INCOME [Abstract]        
Equity in undistributed earnings 86 129 139  
Adjustments to reconcile net income to net cash provided by operating activities:        
Equity in undistributed earnings $ (86) $ (129) $ (139)