XML 21 R4.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
INTEREST AND DIVIDEND INCOME      
Loans $ 227,313 $ 226,723 $ 214,370
Due from banks 194 41 31
Available-for-sale securities 25,450 28,460  
Available-for-sale securities     30,377
Held-to-maturity securities 0 3,151 3,437
Federal Home Loan Bank stock and Federal Reserve Bank stock 1,373 3,003 3,377
Total Interest and Dividend Income 254,330 261,378 251,592
INTEREST EXPENSE      
Time certificates of deposits of $250,000 or more 3,175 3,095 1,712
Other deposits 16,789 27,809 14,883
Federal funds purchased and securities sold under agreements to repurchase 95 143 152
Trust preferred debentures 1,133 1,276 1,227
Other borrowings 7,799 18,427 21,818
Total Interest Expense 28,991 50,750 39,792
Net interest income 225,339 210,628 211,800
Less: Provision for Credit Loss Expense 16,151 1,366 3,942
Net Interest Income After Provision for Credit Loss Expense 209,188 209,262 207,858
NONINTEREST INCOME      
Insurance commissions and fees 31,505 31,091 29,369
Investment services income 17,520 16,434 17,288
Service charges on deposit accounts 6,312 8,321 8,435
Card services income 9,263 10,526 9,693
Other income 8,817 8,416 13,130
Net gain (loss) on securities transactions 443 645 (466)
Total Noninterest Income 73,860 75,433 77,449
NONINTEREST EXPENSES      
Salaries and wages 92,519 89,399 85,625
Other employee benefits 24,812 23,488 22,090
Net occupancy expense of premises 12,930 13,210 13,309
Furniture and fixture expense 7,846 7,815 7,351
Amortization of intangible assets 1,484 1,673 1,771
Other operating expenses 45,791 46,249 50,921
Total Noninterest Expenses 185,382 181,834 181,067
Income Before Income Tax Expense 97,666 102,861 104,240
Income Tax Expense 19,924 21,016 21,805
Net Income Attributable to Noncontrolling Interests and Tompkins Financial Corporation 77,742 81,845 82,435
Less: Net income attributable to noncontrolling interests 154 127 127
Net Income Attributable to Tompkins Financial Corporation $ 77,588 $ 81,718 $ 82,308
Basic Earnings Per Share (in dollars per share) $ 5.22 $ 5.39 $ 5.39
Diluted Earnings Per Share (in dollars per share) $ 5.20 $ 5.37 $ 5.35