---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004584"
form_type: "8-K"
ticker: "CHMG"
cik: "0000763563"
company_name: "CHEMUNG FINANCIAL CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:56:50.153381+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Chemung Financial Q2 net income $6.3M ($1.33/sh) down from $8.0M YoY; NIM 2.87%

## Summary
- Net income $6.3M ($1.33 diluted EPS) vs $8.0M ($1.72) Q2 2022 and $7.3M ($1.54) Q1 2023.
- Net interest income $18.6M (+5.4% YoY); provision for credit losses increased $2.0M YoY.
- Non-interest expense $15.9M (+11% YoY) driven by higher salaries, FDIC insurance, and pension costs.
- Non-performing loans fell to 0.39% of total loans from 0.45% at Dec 2022; total assets $2.675B.
- Tangible common equity ratio improved to 5.87% from 5.51%; book value per share $37.49; dividend $0.31.

## SEC filing metadata
- accession: 0001171843-23-004584
- form_type: 8-K
- ticker: CHMG
- cik: 0000763563
- company_name: CHEMUNG FINANCIAL CORP
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763563/000117184323004584/0001171843-23-004584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763563/000117184323004584/f8k_072023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004584
- JSON: https://secwatch.observer/filing/0001171843-23-004584.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004584.txt

## Key facts
- Earnings Releases
  CHEMUNG FINANCIAL CORP reported the three and six month periods ended June 30, 2023 results: net income $6.3 million, EPS $1.33 per share.
  - Period: the three and six month periods ended June 30, 2023
  - Net income: $6.3 million
  - EPS: $1.33 per share
  - Result: reported results
  source text: Chemung Financial Corporation Reports Second Quarter 2023 Net Income of $6.3 million, or $1.33 per Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/763563/000117184323004584/0001171843-23-004584-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.