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PARENT COMPANY FINANCIAL INFORMATION - STATEMENTS OF CASH FLOWS (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Cash flows from operating activities: |  |
Net income | $ 23,671 | $ 25,000
Adjustments to reconcile net income to net cash provided by operating activities: |  |
Change in other assets | (2,653) | (1,298)
Change in other liabilities | 2,119 | (1,271)
Net cash provided by operating activities | 29,815 | 30,881
Cash flow from investing activities: |  |
Net cash (used by) provided by investing activities | (57,723) | (82,381)
Cash flow from financing activities: |  |
Cash dividends paid | (7,365) | (5,840)
Purchase of treasury stock | (344) | (316)
Sale of treasury stock | 430 | 601
Net cash (used in) provided by financing activities | 38,096 | 32,478
Increase (decrease) in cash and cash equivalents | 10,188 | (19,022)
Cash and cash equivalents, beginning of period | 36,847 |
Cash and cash equivalents, end of period | 47,035 | 36,847
Parent Company |  |
Cash flows from operating activities: |  |
Net income | 23,671 | 25,000
Adjustments to reconcile net income to net cash provided by operating activities: |  |
Change in dividend receivable | 1,469 | (14)
Change in other assets | (127) | (122)
Change in other liabilities | (1,002) | (1,085)
Expense related to restricted stock units directors' deferred compensation plan | 21 | 20
Expense related to employee restricted stock awards | 1,238 | 1,139
Net cash provided by operating activities | 2,894 | 6,848
Cash flow from investing activities: |  |
Proceeds from dissolution of Chemung Risk Management, Inc. | 0 | 2,634
Net cash (used by) provided by investing activities | 0 | 2,634
Cash flow from financing activities: |  |
Cash dividends paid | (7,365) | (5,840)
Purchase of treasury stock | (344) | (316)
Sale of treasury stock | 430 | 601
Net cash (used in) provided by financing activities | (7,279) | (5,555)
Increase (decrease) in cash and cash equivalents | (4,385) | 3,927
Cash and cash equivalents, beginning of period | 6,635 | 2,708
Cash and cash equivalents, end of period | 2,250 | 6,635
Parent Company | Chemung Canal Trust Company |  |
Adjustments to reconcile net income to net cash provided by operating activities: |  |
Equity in undistributed earnings | (22,344) | (18,267)
Parent Company | CFS Group Inc. |  |
Adjustments to reconcile net income to net cash provided by operating activities: |  |
Equity in undistributed earnings | (32) | (124)
Parent Company | Chemung Risk Management |  |
Adjustments to reconcile net income to net cash provided by operating activities: |  |
Equity in undistributed earnings | $ 0 | $ 301

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