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Accounts PayablesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldGoodwillGoodwill & IntangiblesInterest DepositsLiabilities and Shareholders EquityLoans - GrossLoans - Loss AllowanceLoans - NetNon-Current DebtOperating LeasesOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Retained EarningsSecurities - Held-to-maturitySecurities - TradableShareholder's EquityShort-term InvestmentsTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
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Ratios

Chemung Financial (CHMG) Loans - Loss Allowance: 2016-2024

Historic Loans - Loss Allowance for Chemung Financial (CHMG) over the last 9 years, with Dec 2024 value amounting to $21.4 million.

  • Chemung Financial's Loans - Loss Allowance rose 10.28% to $23.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $23.6 million, marking a year-over-year increase of 10.28%. This contributed to the annual value of $21.4 million for FY2024, which is 5.01% down from last year.
  • Latest data reveals that Chemung Financial reported Loans - Loss Allowance of $21.4 million as of FY2024, which was down 5.01% from $22.5 million recorded in FY2023.
  • Over the past 5 years, Chemung Financial's Loans - Loss Allowance peaked at $22.5 million during FY2023, and registered a low of $19.7 million during FY2022.
  • In the last 3 years, Chemung Financial's Loans - Loss Allowance had a median value of $21.4 million in 2024 and averaged $21.2 million.
  • Per our database at Business Quant, Chemung Financial's Loans - Loss Allowance decreased by 10.88% in 2020 and then climbed by 14.54% in 2023.
  • Yearly analysis of 5 years shows Chemung Financial's Loans - Loss Allowance stood at $20.9 million in 2020, then climbed by 0.48% to $21.0 million in 2021, then declined by 6.50% to $19.7 million in 2022, then rose by 14.54% to $22.5 million in 2023, then fell by 5.01% to $21.4 million in 2024.