TOMPKINS FINANCIAL CORP
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
TMP$100.83+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Condition – December 31, 2023 and 2022
CONSOLIDATED STATEMENTS OF CONDITION
| (In thousands, except share and per share data) | As of | As of |
|---|---|---|
| ASSETS | 12/31/2023 | 12/31/2022 |
| Cash and noninterest bearing balances due from banks | $67,212 | $18,572 |
| Interest bearing balances due from banks | 12,330 | 59,265 |
| Cash and Cash Equivalents | 79,542 | 77,837 |
| Available-for-sale debt securities, at fair value (amortized cost of $1,548,482 at December 31, 2023 and $1,831,791 at December 31, 2022) | 1,416,650 | 1,594,967 |
| Held-to-maturity debt securities, at amortized cost (fair value of $267,455 at December 31, 2023 and $261,692 at December 31, 2022) | 312,401 | 312,344 |
| Equity securities, at fair value | 787 | 777 |
| Total loans and leases, net of unearned income and deferred costs and fees | 5,605,935 | 5,268,911 |
| Less: Allowance for credit losses | 51,584 | 45,934 |
| Net Loans and Leases | 5,554,351 | 5,222,977 |
| Federal Home Loan Bank and other stock | 33,719 | 17,720 |
| Bank premises and equipment, net | 79,687 | 82,140 |
| Corporate owned life insurance | 67,884 | 85,556 |
| Goodwill | 92,602 | 92,602 |
| Other intangible assets, net | 2,327 | 2,708 |
| Accrued interest and other assets | 179,799 | 181,058 |
| Total Assets | 7,819,749 | 7,670,686 |
| LIABILITIES | ||
| Deposits: | ||
| Interest bearing: | ||
| Checking, savings and money market | 3,484,878 | 3,820,739 |
| Time | 998,013 | 631,411 |
| Noninterest bearing | 1,916,956 | 2,150,145 |
| Total Deposits | 6,399,847 | 6,602,295 |
| Federal funds purchased and securities sold under agreements to repurchase | 50,996 | 56,278 |
| Other borrowings | 602,100 | 291,300 |
| Other liabilities | 96,872 | 103,423 |
| Total Liabilities | 7,149,815 | 7,053,296 |
| EQUITY | ||
| Tompkins Financial Corporation shareholders' equity: | ||
| Common Stock - par value $.10 per share: Authorized 25,000,000 shares; Issued: 14,441,830 at December 31, 2023; and 14,555,741 at December 31, 2022 | 1,444 | 1,456 |
| Additional paid-in capital | 297,183 | 302,763 |
| Retained earnings | 501,510 | 526,727 |
| Accumulated other comprehensive loss | (125,005) | (208,689) |
| Treasury stock, at cost – 132,097 shares at December 31, 2023, and 128,749 shares at December 31, 2022 | (6,610) | (6,279) |
| Total Tompkins Financial Corporation Shareholders’ Equity | 668,522 | 615,978 |
| Noncontrolling interests | 1,412 | 1,412 |
| Total Equity | 669,934 | 617,390 |
| Total Liabilities and Equity | $7,819,749 | $7,670,686 |
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