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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 7,073     7,073    
Other comprehensive income 3,137         3,137
Restricted stock awards 145   145      
Restricted stock units for directors' deferred compensation plan 72   72      
Cash dividends declared (3,664)     (3,664)    
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  
Distribution of treasury stock for deferred directors' compensation 3   (92)   95  
Sale of treasury stock [1] 332   28   304  
Balances at Sep. 30, 2016 144,812 53 45,724 122,382 (15,542) (7,805)
Balances at Jun. 30, 2016           (7,535)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Net income 2,745          
Other comprehensive income (270)         (270)
Balances at Sep. 30, 2016 144,812 53 45,724 122,382 (15,542) (7,805)
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 9,589     9,589    
Other comprehensive income 3,479         3,479
Restricted stock awards 162   162      
Restricted stock units for directors' deferred compensation plan 72   72      
Cash dividends declared (3,694)     (3,694)    
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  
Distribution of treasury stock for deferred directors' compensation 11   (51)   62  
Sale of treasury stock [1] 441   142   299  
Forfeiture of 1,139 shares of restricted stock awards 0   43   (43)  
Balances at Sep. 30, 2017 154,277 53 46,089 130,006 (14,596) (7,275)
Balances at Jun. 30, 2017           (6,972)
Increase (Decrease) in Shareholders' Equity [Roll Forward]            
Net income 3,654          
Other comprehensive income (303)         (303)
Balances at Sep. 30, 2017 $ 154,277 $ 53 $ 46,089 $ 130,006 $ (14,596) $ (7,275)
[1] All treasury stock sales were completed at the prevailing market price with the Chemung Canal Trust Company Profit Sharing, Savings, and Investment Plan which is a defined contribution plan sponsored by the Bank.