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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative effect adjustment for the adoption of ASC-326
 [1]
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Cumulative effect adjustment for the adoption of ASC-326
 [1]
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive (Loss)
Accumulated Other Comprehensive (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance at Dec. 31, 2022 $ 166,388 $ (1,076) $ 165,312 $ 53 $ 53 $ 47,331 $ 47,331 $ 211,859 $ (1,076) $ 210,783 $ (17,598) $ (17,598) $ (75,257) $ (75,257)
Increase (Decrease) in Shareholders' Equity [Roll Forward]                            
Net income 25,000             25,000            
Other comprehensive income 9,244                       9,244  
Restricted stock awards 1,139         1,139                
Distribution of shares of treasury stock granted for employee restricted stock awards, net 0         (752)         752      
Restricted stock units for directors' deferred compensation plan 20         20                
Cash dividends declared (5,853)             (5,853)            
Distribution of shares of treasury stock for directors' compensation 96         (147)         243      
Sale of shares of treasury stock [2] 601         171         430      
Repurchase of common stock (316)                   (316)      
Forfeiture of restricted stock awards (2)         11         (13)      
Ending balance at Dec. 31, 2023 195,241     53   47,773   229,930     (16,502)   (66,013)  
Increase (Decrease) in Shareholders' Equity [Roll Forward]                            
Net income 23,671             23,671            
Other comprehensive income 948                       948  
Restricted stock awards 1,238         1,238                
Distribution of shares of treasury stock granted for employee restricted stock awards, net 0         (198)         198      
Restricted stock units for directors' deferred compensation plan 21         21                
Cash dividends declared (5,896)             (5,896)            
Distribution of shares of treasury stock for directors' compensation 0         (217)         217      
Sale of shares of treasury stock [2] 430         161         269      
Repurchase of common stock (344)                   (344)      
Forfeiture of restricted stock awards 0         5         (5)      
Ending balance at Dec. 31, 2024 $ 215,309     $ 53   $ 48,783   $ 247,705     $ (16,167)   $ (65,065)  
[1] Implementation of ASC 326. See Adoption of New Accounting Standards" discussion in Note 1.
[2] 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.