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PARENT COMPANY FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2017
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 |  | 2017 |  | 2016
Assets: |  |  |  |
Cash on deposit with subsidiary bank |  | $ | 3,017 |  |  | $ | 2,336 |
Investment in subsidiary - Chemung Canal Trust Company |  | 142,884 |  |  | 138,469 |
Investment in subsidiary - CFS Group, Inc. |  | 904 |  |  | 946 |
Investment in subsidiary - Chemung Risk Management, Inc. |  | 1,624 |  |  | 833 |
Dividends receivable from subsidiary bank |  | 1,233 |  |  | 1,225 |
Securities available for sale, at estimated fair value |  | 420 |  |  | 386 |
Other assets |  | 1,039 |  |  | 825 |
Total assets |  | $ | 151,121 |  |  | $ | 145,020 |
Liabilities and shareholders' equity: |  |  |  |  |  |
Dividends payable |  | $ | 1,233 |  |  | $ | 1,225 |
Other liabilities |  | 75 |  |  | 47 |
Total liabilities |  | 1,308 |  |  | 1,272 |
Shareholders' equity: |  |  |  |  |  |
Total shareholders' equity |  | 149,813 |  |  | 143,748 |
Total liabilities and shareholders' equity |  | $ | 151,121 |  |  | $ | 145,020 |
Parent Company Statement of Income |
STATEMENTS OF INCOME - YEARS ENDED DECEMBER 31 |  | 2017 |  | 2016 |  | 2015
Dividends from subsidiary bank |  | $ | 4,926 |  |  | $ | 4,889 |  |  | $ | 2,424 |
Interest and dividend income |  | 10 |  |  | 9 |  |  | 9 |
Non-interest income |  | 22 |  |  | — |  |  | — |
Non-interest expenses |  | 433 |  |  | 526 |  |  | 270 |
Income before impact of subsidiaries' undistributed earnings |  | 4,525 |  |  | 4,372 |  |  | 2,163 |
Equity in undistributed earnings of Chemung Canal Trust Company |  | 1,939 |  |  | 4,856 |  |  | 7,015 |
Equity in undistributed earnings of CFS Group, Inc. |  | (42 | ) |  | (48 | ) |  | 86 |
Equity in undistributed earnings of Chemung Risk Management, Inc. |  | 791 |  |  | 583 |  |  | — |
Income before income tax |  | 7,213 |  |  | 9,763 |  |  | 9,264 |
Income tax benefit |  | (217 | ) |  | (264 | ) |  | (169 | )
Net Income |  | $ | 7,430 |  |  | $ | 10,027 |  |  | $ | 9,433 |
Parent Company Statement of Cash Flows |
STATEMENTS OF CASH FLOWS - YEARS ENDED DECEMBER 31 |  | 2017 |  | 2016 |  | 2015
Cash flows from operating activities: |  |  |  |  |  |
Net Income |  | $ | 7,430 |  |  | $ | 10,027 |  |  | $ | 9,433 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |
Equity in undistributed earnings of Chemung Canal Trust Company |  | (1,939 | ) |  | (4,856 | ) |  | (7,015 | )
Equity in undistributed earnings of CFS Group, Inc. |  | 42 |  |  | 48 |  |  | (86 | )
Equity in undistributed earnings of Chemung Risk Management, Inc. |  | (791 | ) |  | (583 | ) |  | — |
Change in dividend receivable |  | (8 | ) |  | (11 | ) |  | (10 | )
Change in other assets |  | (214 | ) |  | 82 |  |  | 222 |
Change in other liabilities |  | 51 |  |  | (203 | ) |  | (23 | )
Expense related to employee stock compensation |  | 200 |  |  | 210 |  |  | 93 |
Expense related to restricted stock units for directors' deferred compensation plan |  | 98 |  |  | 97 |  |  | 95 |
Expense to employee restricted stock awards |  | 210 |  |  | 192 |  |  | 314 |
Net cash provided by operating activities |  | 5,079 |  |  | 5,003 |  |  | 3,023 |
Cash flow from financing activities: |  |  |  |  |  |  |  |  |
Cash dividends paid |  | (4,919 | ) |  | (4,878 | ) |  | (4,833 | )
Purchase of treasury stock |  | (61 | ) |  | (22 | ) |  | (33 | )
Sale of treasury stock |  | 582 |  |  | 438 |  |  | 438 |
Net cash used in financing activities |  | (4,398 | ) |  | (4,462 | ) |  | (4,428 | )
Increase (decrease) in cash and cash equivalents |  | 681 |  |  | 541 |  |  | (1,405 | )
Cash and cash equivalents at beginning of year |  | 2,336 |  |  | 1,795 |  |  | 3,200 |
Cash and cash equivalents at end of year |  | $ | 3,017 |  |  | $ | 2,336 |  |  | $ | 1,795 |

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