CHEMUNG FINANCIAL CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Chemung Financial Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Chemung Financial Corp Interest Expense for the quarter ending March 31, 2024 was $13.1M, a 109% increase year-over-year.
  • Chemung Financial Corp Interest Expense for the twelve months ending March 31, 2024 was $45.5M, a 255% increase year-over-year.
  • Chemung Financial Corp annual Interest Expense for 2023 was $38.6M, a 429% increase from 2022.
  • Chemung Financial Corp annual Interest Expense for 2022 was $7.3M, a 113% increase from 2021.
  • Chemung Financial Corp annual Interest Expense for 2021 was $3.42M, a 14.3% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $38.6M +$31.3M +429% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-13
2022 $7.3M +$3.88M +113% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-13
2021 $3.42M -$569K -14.3% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-22
2020 $3.99M -$2.33M -36.9% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-23
2019 $6.32M +$2.25M +55.2% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-24
2018 $4.07M +$1.01M +32.8% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-24
2017 $3.07M -$771K -20.1% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-12
2016 $3.84M +$237K +6.58% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-13
2015 $3.6M -$43K -1.18% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-08
2014 $3.65M -$387K -9.6% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-08
2013 $4.03M -$1.2M -23% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-11
2012 $5.23M -$1.5M -22.3% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-13
2011 $6.73M -$1.48M -18% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-14
2010 $8.22M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.