TOMPKINS FINANCIAL CORP

For the period ended Mar 31, 2024. Filed May 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 8, 2024

TMP$100.83+0.1%Stored close · as of Nov 10, 2026

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Contents

PART I -FINANCIAL INFORMATION

Item 1. Financial Statements

CONSOLIDATED STATEMENTS OF CONDITION

(In thousands, except share and per share data)	As of	As of
ASSETS	03/31/2024	12/31/2023
	(unaudited)	(audited)
Cash and noninterest bearing balances due from banks	$47,236	$67,212
Interest bearing balances due from banks	9,905	12,330
Cash and Cash Equivalents	57,141	79,542
Available-for-sale debt securities, at fair value (amortized cost of $1,511,471 at March 31, 2024 and $1,548,482 at December 31, 2023)	1,366,355	1,416,650
Held-to-maturity debt securities, at amortized cost (fair value of $265,102 at March 31, 2024 and $267,455 at December 31, 2023)	312,415	312,401
Equity securities, at fair value	772	787
Total loans and leases, net of unearned income and deferred costs and fees	5,640,524	5,605,935
Less: Allowance for credit losses	51,704	51,584
Net Loans and Leases	5,588,820	5,554,351
Federal Home Loan Bank and other stock	30,103	33,719
Bank premises and equipment, net	78,158	79,687
Corporate owned life insurance	74,730	67,884
Goodwill	92,602	92,602
Other intangible assets, net	2,247	2,327
Accrued interest and other assets	174,691	179,799
Total Assets	$7,778,034	$7,819,749
LIABILITIES
Deposits:
Interest bearing:
Checking, savings and money market	3,646,960	3,484,878
Time	974,354	998,013
Noninterest bearing	1,828,302	1,916,956
Total Deposits	6,449,616	6,399,847
Federal funds purchased and securities sold under agreements to repurchase	43,681	50,996
Other borrowings	522,600	602,100
Other liabilities	92,799	96,872
Total Liabilities	$7,108,696	$7,149,815
EQUITY
Tompkins Financial Corporation shareholders' equity:
Common Stock - par value $0.10 per share: Authorized 25,000,000 shares; Issued: 14,440,029 at March 31, 2024; and 14,441,830 at December 31, 2023	1,444	1,444
Additional paid-in capital	297,790	297,183
Retained earnings	509,668	501,510
Accumulated other comprehensive loss	(134,816)	(125,005)
Treasury stock, at cost – 123,577 shares at March 31, 2024, and 132,097 shares at December 31, 2023	(6,180)	(6,610)
Total Tompkins Financial Corporation Shareholders’ Equity	667,906	668,522
Noncontrolling interests	1,432	1,412
Total Equity	$669,338	$669,934
Total Liabilities and Equity	$7,778,034	$7,819,749

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.