Segment and Related Information (Table)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of segment and related information

Summarized financial information concerning the Company’s reportable segments and the reconciliation to the Company’s consolidated results is shown in the following table. Investment in subsidiaries is netted out of the presentations below. The “Intercompany” column identifies the intercompany activities of revenues, expenses and other assets between the banking, insurance and wealth management services segments. The Company accounts for intercompany fees and services at an estimated fair value according to regulatory requirements for the services provided. Intercompany items relate primarily to the use of human resources, information systems, accounting and marketing services provided by any of the banks and the holding company. All other accounting policies are the same as those described in the summary of significant accounting policies in the 2019 Annual Report on Form 10-K.

As of and for the three months ended March 31, 2020
(In thousands)	Banking		Insurance		Wealth Management		Intercompany			Consolidated
Interest income	$	63,199	$	1	$	0	$	(1	)	$	63,199
Interest expense	10,231		0		0		(1		)	10,230
Net interest income	52,968		1		0		0			52,969
Provision for credit loss expense	16,294		0		0		0			16,294
Noninterest income	6,992		8,150		4,374		(556		)	18,960
Noninterest expense	36,689		6,562		3,045		(556		)	45,740
Income before income tax expense	6,977		1,589		1,329		0			9,895
Income tax expense	1,157		430		322		0			1,909
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation	5,820		1,159		1,007		0			7,986
Less:  Net income attributable to noncontrolling interests	37		0		0		0			37
Net Income attributable to Tompkins Financial Corporation	$	5,783	$	1,159	$	1,007	$	0		$	7,949
Depreciation and amortization	$	2,485	$	59	$	10	$	0		$	2,554
Assets	6,690,574		41,444		24,562		(13,466		)	6,743,114
Goodwill	64,585		19,866		7,996		0			92,447
Other intangibles, net	2,972		2,741		134		0			5,847
Net loans and leases	4,885,418		0		0		0			4,885,418
Deposits	5,422,258		0		0		(12,895		)	5,409,363
Total Equity	627,223		32,632		22,742		0			682,597

As of and for the three months ended March 31, 2019
(In thousands)	Banking		Insurance		Wealth Management		Intercompany			Consolidated
Interest income	$	64,929	$	1	$	0	$	(2	)	$	64,928
Interest expense	13,016		0		0		(2		)	13,014
Net interest income	51,913		1		0		0			51,914
Provision for credit loss expense	445		0		0		0			445
Noninterest income	7,568		8,148		4,198		(507		)	19,407
Noninterest expense	35,327		6,277		3,112		(507		)	44,209
Income before income tax expense	23,709		1,872		1,086		0			26,667
Income tax expense	4,834		490		271		0			5,595
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation	18,875		1,382		815		0			21,072
Less:  Net income attributable to noncontrolling interests	32		0		0		0			32
Net Income attributable to Tompkins Financial  Corporation	$	18,843	$	1,382	$	815	$	0		$	21,040
Depreciation and amortization	$	2,414	$	56	$	10	$	0		$	2,480
Assets	6,689,882		41,156		21,573		(13,892		)	6,738,719
Goodwill	64,370		19,702		8,211		0			92,283
Other intangibles, net	4,019		3,051		196		0			7,266
Net loans and leases	4,749,372		0		0		0			4,749,372
Deposits	5,003,696		0		0		(13,771		)	4,989,925
Total Equity	593,791		33,774		19,702		0			647,267