TOMPKINS FINANCIAL CORP
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
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, 202 and
CONSOLIDATED STATEMENTS OF CONDITION
| (In thousands, except share and per share data) (Unaudited) | As of | As of |
|---|---|---|
| ASSETS | 12/31/2024 | 12/31/2023 |
| Cash and noninterest bearing balances due from banks | $53,635 | $67,212 |
| Interest bearing balances due from banks | 80,763 | 12,330 |
| Cash and Cash Equivalents | 134,398 | 79,542 |
| Available-for-sale debt securities, at fair value (amortized cost of $1,367,123 at December 31, 2024 and $1,548,482 at December 31, 2023) | 1,231,532 | 1,416,650 |
| Held-to-maturity debt securities, at amortized cost (fair value of $267,295 at December 31, 2024 and $267,455 at December 31, 2023) | 312,462 | 312,401 |
| Equity securities, at fair value | 768 | 787 |
| Total loans and leases, net of unearned income and deferred costs and fees | 6,019,922 | 5,605,935 |
| Less: Allowance for credit losses | 56,496 | 51,584 |
| Net Loans and Leases | 5,963,426 | 5,554,351 |
| Federal Home Loan Bank and other stock | 42,255 | 33,719 |
| Bank premises and equipment, net | 76,627 | 79,687 |
| Corporate owned life insurance | 76,448 | 67,884 |
| Goodwill | 92,602 | 92,602 |
| Other intangible assets, net | 2,203 | 2,327 |
| Accrued interest and other assets | 176,359 | 179,799 |
| Total Assets | 8,109,080 | 7,819,749 |
| LIABILITIES | ||
| Deposits: | ||
| Interest bearing: | ||
| Checking, savings and money market | 3,558,946 | 3,484,878 |
| Time | 1,068,375 | 998,013 |
| Noninterest bearing | 1,844,484 | 1,916,956 |
| Total Deposits | 6,471,805 | 6,399,847 |
| Federal funds purchased and securities sold under agreements to repurchase | 37,036 | 50,996 |
| Other borrowings | 790,247 | 602,100 |
| Other liabilities | 96,548 | 96,872 |
| Total Liabilities | 7,395,636 | 7,149,815 |
| EQUITY | ||
| Tompkins Financial Corporation shareholders' equity: | ||
| Common Stock - par value $.10 per share: Authorized 25,000,000 shares; Issued: 14,468,013 at December 31, 2024; and 14,441,830 at December 31, 2023 | 1,447 | 1,444 |
| Additional paid-in capital | 300,073 | 297,183 |
| Retained earnings | 537,157 | 501,510 |
| Accumulated other comprehensive loss | (118,492) | (125,005) |
| Treasury stock, at cost – 131,497 shares at December 31, 2024, and 132,097 shares at December 31, 2023 | (6,741) | (6,610) |
| Total Tompkins Financial Corporation Shareholders’ Equity | 713,444 | 668,522 |
| Noncontrolling interests | 0 | 1,412 |
| Total Equity | 713,444 | 669,934 |
| Total Liabilities and Equity | $8,109,080 | $7,819,749 |
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