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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
INTEREST AND DIVIDEND INCOME        
Loans $ 54,769 $ 48,949 $ 158,419 $ 141,257
Due from banks 8 9 22 15
Available-for-sale securities 7,448 7,415 22,821 22,384
Held-to-maturity securities 860 865 2,572 2,613
Federal Home Loan Bank and other stock 899 534 2,433 1,466
Total Interest and Dividend Income 63,984 57,772 186,267 167,735
INTEREST EXPENSE        
Time certificates of deposits of $250,000 or more 563 457 1,088 1,364
Other deposits 3,830 2,679 9,699 7,508
Federal funds purchased and securities sold under agreements to repurchase 35 44 115 195
Trust preferred debentures 318 265 904 888
Other borrowings 6,075 3,327 15,897 8,445
Total Interest Expense 10,821 6,772 27,703 18,400
Net Interest Income 53,163 51,000 158,564 149,335
Less: Provision for loan and lease losses 272 402 1,884 2,147
Net Interest Income After Provision for Loan and Lease Losses 52,891 50,598 156,680 147,188
NONINTEREST INCOME        
Insurance commissions and fees 7,903 7,682 22,684 21,892
Investment services income 4,097 3,862 12,365 11,544
Service charges on deposit accounts 2,088 2,125 6,300 6,337
Card services income 2,442 2,190 7,209 6,875
Other income 2,057 1,766 8,743 5,667
Gain (loss) on securities transactions 16 (423) 290 (423)
Total Noninterest Income 18,603 17,202 57,591 51,892
NONINTEREST EXPENSE        
Salaries and wages 22,029 20,931 64,404 60,868
Other employee benefits 5,300 5,344 15,859 16,195
Net occupancy expense of premises 3,057 3,064 9,873 9,965
Furniture and fixture expense 1,814 1,585 5,461 4,819
FDIC insurance 712 620 2,083 1,775
Amortization of intangible assets 440 481 1,334 1,459
Other operating expense 11,781 9,858 34,825 29,738
Total Noninterest Expenses 45,133 41,883 133,839 124,819
Income Before Income Tax Expense 26,361 25,917 80,432 74,261
Income Tax Expense 5,427 8,491 16,939 24,127
Net Income Attributable to Noncontrolling Interests and Tompkins Financial Corporation 20,934 17,426 63,493 50,134
Less: Net Income Attributable to Noncontrolling Interests 32 32 96 97
Net Income Attributable to Tompkins Financial Corporation $ 20,902 $ 17,394 $ 63,397 $ 50,037
Basic Earnings Per Share (in dollars per share) $ 1.37 $ 1.14 $ 4.15 $ 3.30
Diluted Earnings Per Share (in dollars per share) $ 1.36 $ 1.14 $ 4.12 $ 3.27