Institution Profile
Address: 1 Chemung Canal Plz Elmira, NY 14901
Website:
FDIC Profile:
Established:
10/22/1833
Branches:
30
Branches by Region
NY 28 PA 2
Financial Overview
Total Assets
$2.71B
Total Deposits
$2.28B
Total Loans
$2.27B
Equity Capital
$287.57M
Employees
341
Allowance for Loan Losses
$24.21M
Performance Ratios
Net Worth Ratio
10.61%
Loan-to-Deposit Ratio
99.66%
Coverage Ratio
1.07% Allowance / Total Loans
Net Income
$16.71M
Return on Assets (ROA)
0.60%
Return on Equity (ROE)
6.61%
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +47.52% Total Deposits: +41.39% Total Loans: +71.93% since 2020 Q1
Employee Growth
Employee Growth
Employees: -4.21% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
Commercial Real Estate
$810.26M 36.1%
1-4 Family Residential
$443.65M 19.8%
Multifamily
$424.80M 18.9%
Commercial & Industrial
$302.30M 13.5%
Construction
$129.60M 5.8%
Auto Loans
$128.21M 5.7%
Other Consumer
$4.87M 0.2%
Agricultural
$271,000 0.0%
Farmland
$268,000 0.0%
Portfolio Distribution
SBA 7(a) Loan Originations
Quarterly SBA origination activity and guaranteed exposure
SBA 7(a) Originations vs Cancellations per Quarter
Approved: -50.00% Cancelled: -100.00% since 2020 Q1
SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars
Approved: -48.63% Guaranteed: -48.63% Cancelled: -100.00% since 2020 Q1
Net Income Trend
Net Income Trend
Net Income: +656.61% since 2020 Q1
Historical Data Table
| Quarter | Total Assets | Total Deposits | Total Loans | Net Income | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | $2.71B | $2.28B | $2.27B | $16.71M | 341 |
| 2025 Q3 | $2.70B | $2.37B | $2.21B | $8.34M | 335 |
| 2025 Q2 | $2.85B | $2.48B | $2.13B | -$117,000 | 351 |
| 2025 Q1 | $2.80B | $2.44B | $2.10B | $6.12M | 333 |
| 2024 Q4 | $2.78B | $2.40B | $2.07B | $23.82M | 336 |
| 2024 Q3 | $2.77B | $2.46B | $2.03B | $17.87M | 325 |
| 2024 Q2 | $2.75B | $2.42B | $2.01B | $12.14M | 333 |
| 2024 Q1 | $2.78B | $2.49B | $2.00B | $7.08M | 322 |
| 2023 Q4 | $2.71B | $2.44B | $1.97B | $24.12M | 333 |
| 2023 Q3 | $2.70B | $2.48B | $1.93B | $20.44M | 328 |
| 2023 Q2 | $2.67B | $2.39B | $1.89B | $12.89M | 345 |
| 2023 Q1 | $2.65B | $2.34B | $1.87B | $6.88M | 334 |
| 2022 Q4 | $2.64B | $2.33B | $1.83B | $27.44M | 337 |
| 2022 Q3 | $2.55B | $2.34B | $1.74B | $20.41M | 324 |
| 2022 Q2 | $2.44B | $2.19B | $1.62B | $14.34M | 320 |
| 2022 Q1 | $2.47B | $2.25B | $1.57B | $6.57M | 329 |
| 2021 Q4 | $2.41B | $2.16B | $1.52B | $25.04M | 331 |
| 2021 Q3 | $2.41B | $2.18B | $1.52B | $18.94M | 327 |
| 2021 Q2 | $2.37B | $2.14B | $1.56B | $12.71M | 328 |
| 2021 Q1 | $2.44B | $2.21B | $1.58B | $6.17M | 332 |
| 2020 Q4 | $2.27B | $2.04B | $1.54B | $18.16M | 335 |
| 2020 Q3 | $2.16B | $1.93B | $1.54B | $13.27M | 331 |
| 2020 Q2 | $2.05B | $1.81B | $1.50B | $7.79M | 344 |
| 2020 Q1 | $1.84B | $1.61B | $1.32B | $2.21M | 356 |