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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Loss
Balances at Dec. 31, 2015 $ 137,242 $ 53 $ 45,537 $ 118,973 $ (16,379) $ (10,942)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Net income 2,707     2,707    
Other comprehensive income 1,604         1,604
Restricted stock awards 48   48      
Restricted stock units for directors' deferred compensation plan 23   23      
Cash dividends declared (1,220)     (1,220)    
Distribution of shares of treasury stock for directors' compensation 262   19   243  
Distribution of shares of treasury stock for employee stock compensation 210   15   195  
Sale of treasury stock [1] 170   10   160  
Balances at Mar. 31, 2016 141,046 53 45,652 120,460 (15,781) (9,338)
Balances at Dec. 31, 2016 143,748 53 45,603 124,111 (15,265) (10,754)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Net income 2,979     2,979    
Other comprehensive income 1,998         1,998
Restricted stock awards 52   52      
Restricted stock units for directors' deferred compensation plan 24   24      
Cash dividends declared (1,230)     (1,230)    
Distribution of shares of treasury stock for directors' compensation 269   68   201  
Distribution of shares of treasury stock for employee stock compensation 200   50   150  
Sale of treasury stock [1] 217   61   156  
Forfeiture of 1,139 shares of restricted stock awards 0   43   (43)  
Balances at Mar. 31, 2017 $ 148,257 $ 53 $ 45,901 $ 125,860 $ (14,801) $ (8,756)
[1] All treasury stock sales were completed at arm's length for adequate consideration with the Chemung Canal Trust Company Profit Sharing, Savings, and Investment Plan and the Chemung Canal Trust Company - Finger Lakes Profit Sharing, Savings, and Investment Plan, which are defined contribution plans sponsored by the Bank.