Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of assets and liabilities measured at fair value on a recurring basis

The following table summarizes financial assets and financial liabilities measured at fair value on a recurring basis as of December 31, 2017 and 2016 segregated by the level of valuation inputs within the fair value hierarchy used to measure fair value.

Recurring Fair Value Measurements

December 31, 2017

(in thousands)	Fair Value 12/31/2017		(Level 1)		(Level 2)		(Level 3)
Available-for-sale securities
Obligations of U.S. Government sponsored entities	$	504,193	$	0	$	504,193	$	0
Obligations of U.S. states and political subdivisions	91,519		0		91,519		0
Mortgage-backed securities - residential
U.S. Government agencies	137,735		0		137,735		0
U.S. Government sponsored entities	656,178		0		656,178		0
Non-U.S. Government agencies or sponsored entities	75		0		75		0
U.S. corporate debt securities	2,162		0		2,162		0
Equity securities	913		0		0		913

Recurring Fair Value Measurements

December 31, 2016

(in thousands)	Fair Value 12/31/2016	(Level 1)	(Level 2)	(Level 3)
Available-for-sale securities
Obligations of U.S. Government sponsored entities	527,627	0	527,627	0
Obligations of U.S. states and political subdivisions	89,056	0	89,056	0
Mortgage-backed securities - residential
U.S. Government agencies	158,226	0	158,226	0
U.S. Government sponsored entities	651,430	0	651,430	0
Non-U.S. Government agencies or sponsored entities	116	0	116	0
U.S. corporate debt securities	2,162	0	2,162	0
Equity securities	921	0	0	921

Schedule of assets and liabilities measured at fair value on a non recurring basis

			Fair value measurements at reporting date using:						Gain (losses) from fair value changes
(in thousands)	As of		Quoted prices in active markets for identical assets		Significant other observable inputs		Significant unobservable inputs		Twelve months ended
Assets:	12/31/2017		(Level 1)		(Level 2)		(Level 3)		12/31/2017
Impaired Loans	$	4,617	$	0	$	4,617	$	0	$	(332	)
Other real estate owned	2,047		0		2,047		0		(532		)

			Fair value measurements at reporting date using:						Gain (losses) from fair value changes
(in thousands)	As of		Quoted prices in active markets for identical assets		Significant other observable inputs		Significant unobservable inputs		Twelve months ended
Assets:	12/31/2016		(Level 1)		(Level 2)		(Level 3)		12/31/2016
Impaired Loans	$	7,296	$	0	$	7,296	$	0	$	(234	)
Other real estate owned	908		0		908		0		(76		)

Schedule of carrying amount and fair value of financial instruments

The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments at December 31, 2017 and 2016. The carrying amounts shown in the table are included in the Consolidated Statements of Condition under the indicated captions. The fair value estimates, methods and assumptions set forth below for the Company’s financial instruments, including those financial instruments carried at cost, are made solely to comply with disclosures required by generally accepted accounting principles in the United States and does not always incorporate the exit-price concept of fair value prescribed by ASC Topic 820-10 and should be read in conjunction with the financial statements and notes included in this Report.

Estimated Fair Value of Financial Instruments
December 31, 2017
(in thousands)	Carrying Amount		Fair Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets:
Cash and cash equivalents	$	84,303	$	84,303	$	84,303	$	0	$	0
Securities - held-to-maturity	139,216		140,315		0		140,315		0
FHLB and FRB stock	50,498		50,498		0		50,498		0
Accrued interest receivable	20,122		20,122		0		20,122		0
Loans and leases, net1	4,632,288		4,555,720		0		4,617		4,551,103
Financial Liabilities:
Time deposits	$	748,250	$	744,310	$	0	$	744,310	$	0
Other deposits	4,089,557		4,089,557		0		4,089,557		0
Securities sold under agreements torepurchase	75,177		75,177		0		75,177		0
Other borrowings	1,071,742		1,069,609		0		1,069,609		0
Trust preferred debentures	16,691		22,012		0		22,012		0
Accrued interest payable	2,054		2,054		0		2,054		0

¹ Lease receivables, although excluded from the scope of ASC Topic 825, are included in the estimated fair value amounts at their carrying value.

Estimated Fair Value of Financial Instruments
December 31, 2016
(in thousands)	Carrying Amount		Fair Value		(Level 1)		(Level 2)		(Level 3)
Financial Assets:
Cash and cash equivalents	$	63,954	$	63,954	$	63,954	$	0	$	0
Securities - held-to-maturity	142,119		142,832		0		142,832
FHLB and FRB stock	43,133		43,133		0		43,133		0
Accrued interest receivable	17,390		17,390		0		17,390		0
Loans and leases, net1	4,222,278		4,187,415		0		7,296		4,180,119
Financial Liabilities:
Time deposits	$	870,788	$	867,921	$	0	$	867,921	$	0
Other deposits	3,754,351		3,754,351		0		3,754,351		0
Securities sold under agreements to repurchase	69,062		69,109				69,109
Other borrowings	884,815		884,842		0		884,842		0
Trust preferred debentures2	37,681		43,321		0		43,321		0
Accrued interest payable	1,902		1,902		0		1,902		0

¹ Lease receivables, although excluded from the scope of ASC Topic 825, are included in the estimated fair value amounts at their carrying value.

² The fair value of Tompkins Capital Trust I is shown to equal the book value of $21.2 million given that it was redeemed at par on January 31, 2017.