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PARENT COMPANY FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Parent Company Statement of Financial Position | Condensed parent company only financial statement information of Chemung Financial Corporation is as follows (investment in subsidiaries is recorded using the equity method of accounting) (in thousands):
BALANCE SHEETS - DECEMBER 31 |  | 2015 |  | 2014
Assets: |  |  |  |
Cash on deposit with subsidiary bank |  | $ | 1,795 |  |  | $ | 3,200 |
Investment in subsidiary - Chemung Canal Trust Company |  | 133,263 |  |  | 128,081 |
Investment in subsidiary - CFS Group, Inc. |  | 994 |  |  | 908 |
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 |
Parent Company Statement of Income |
STATEMENTS OF INCOME - YEARS ENDED DECEMBER 31 |  | 2015 |  | 2014 |  | 2013
Dividends from subsidiary bank |  | $ | 2,424 |  |  | $ | 4,805 |  |  | $ | 4,778 |
Interest and dividend income |  | 9 |  |  | 10 |  |  | 9 |
Other income |  | — |  |  | — |  |  | 132 |
Operating expenses |  | 270 |  |  | 261 |  |  | 324 |
Income before impact of subsidiaries' undistributed earnings |  | 2,163 |  |  | 4,554 |  |  | 4,595 |
Equity in undistributed earnings of Chemung Canal Trust Company |  | 7,015 |  |  | 3,307 |  |  | 3,873 |
Equity in undistributed earnings of CFS Group, Inc. |  | 86 |  |  | 129 |  |  | 139 |
Income before income tax |  | 9,264 |  |  | 7,990 |  |  | 8,607 |
Income tax benefit |  | (169 | ) |  | (167 | ) |  | (124 | )
Net Income |  | $ | 9,433 |  |  | $ | 8,157 |  |  | $ | 8,731 |
Parent Company Statement of Cash Flows |
STATEMENTS OF CASH FLOWS - YEARS ENDED DECEMBER 31 |  | 2015 |  | 2014 |  | 2013
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: |  |  |  |  |  |  |  |  |
Equity in undistributed earnings of Chemung Canal Trust Company |  | (7,015 | ) |  | (3,307 | ) |  | (3,873 | )
Equity in undistributed earnings of CFS Group, Inc. |  | (86 | ) |  | (129 | ) |  | (139 | )
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 | ) |  | — |  |  | (93 | )
Sale of treasury stock |  | 438 |  |  | — |  |  | 71 |
Net cash used in financing activities |  | (4,428 | ) |  | (4,796 | ) |  | (3,605 | )
Increase (decrease) in cash and cash equivalents |  | (1,405 | ) |  | 514 |  |  | 898 |
Cash and cash equivalents at beginning of year |  | 3,200 |  |  | 2,686 |  |  | 1,788 |
Cash and cash equivalents at end of year |  | $ | 1,795 |  |  | $ | 3,200 |  |  | $ | 2,686 |

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