secwatch.observer — SEC 8-K summary
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Issuer:     CHEMUNG FINANCIAL CORP (CHMG)
CIK:        0000763563
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001171843-23-006378
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chemung Financial Q3 net income $7.6M, EPS $1.61, up from $1.37 YoY
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- Net income $7.6M ($1.61 per share) vs $6.5M ($1.37) in Q3 2022.
- Net interest income $18.0M, down 5.3% YoY; net interest margin 2.73% vs 3.08%.
- Non-interest income $7.8M, up 56% YoY, boosted by $2.4M employee retention tax credit.
- Total deposits $2.473B, up 3.5% from prior quarter-end; non-performing loans 0.35% of total loans.
- Dividends declared $0.31 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763563/000117184323006378/0001171843-23-006378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763563/000117184323006378/f8k_102523.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-006378

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