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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING ACTIVITIES    
Net income attributable to Tompkins Financial Corporation $ 25,626 $ 7,949
Adjustments to reconcile net income to net cash provided by operating activities:    
(Reversal of provision) provision for credit loss expense (2,510) 16,294
Depreciation and amortization of premises, equipment, and software 2,506 2,554
Amortization of intangible assets 330 374
Earnings from corporate owned life insurance (541) (324)
Net amortization on securities 3,481 1,937
Amortization/accretion related to purchase accounting (299) (372)
Net gain on securities transactions (317) (443)
Net gain on sale of loans originated for sale (429) (176)
Proceeds from sale of loans originated for sale 10,897 4,260
Loans originated for sale (6,425) (4,514)
Net gain on sale of bank premises and equipment 0 (3)
Net excess tax benefit from stock based compensation 85 118
Stock-based compensation expense 1,175 1,180
Increase in accrued interest receivable 559 1,286
Decrease in accrued interest payable (121) (242)
Other, net (3,761) (5,735)
Net Cash Provided by Operating Activities 30,256 24,143
INVESTING ACTIVITIES    
Proceeds from maturities, calls and principal paydowns of available-for-sale debt securities 36,723 156,834
Proceeds from sales of available-for-sale debt securities 132,203 42,584
Purchases of available-for-sale debt securities (513,468) (226,103)
Net increase in loans (36,139) (20,879)
Proceeds from sale/redemptions of Federal Home Loan Bank stock 0 34,088
Purchases of Federal Home Loan Bank and other stock 0 (24,605)
Proceeds from sale of bank premises and equipment 31 4
Purchases of bank premises, equipment and software (811) (909)
Redemption of corporate owned life insurance 168 446
Other, net 124 102
Net Cash (Used in) Provided by Investing Activities (381,169) (38,438)
FINANCING ACTIVITIES    
Net increase in demand, money market, and savings deposits 505,231 162,523
Net increase in time deposits 3,703 34,141
Net (decrease) increase in Federal funds purchased and securities sold under agreements to repurchase (18,349) 8,647
Increase in other borrowings 0 74,583
Repayment of other borrowings 0 (274,700)
Cash dividends (8,049) (7,789)
Repurchase of common stock (1,508) (5,620)
Net proceeds from exercise of stock options (152) (209)
Net Cash Provided by (Used in) Financing Activities 480,876 (8,424)
Net Increase (Decrease) in Cash and Cash Equivalents 129,963 (22,719)
Cash and cash equivalents at beginning of period 388,462 137,982
Total Cash and Cash Equivalents at End of Period 518,425 115,263
Supplemental Information:    
Cash paid during the year for  - Interest 4,984 10,694
Cash paid during the year for  - Taxes 933 1,214
Transfer of loans to other real estate owned 0 104
Initial recognition of operating lease right-of-use assets 0 0
Initial recognition of operating lease liabilities 0 0
Right-of-use assets obtained in exchange for new lease liabilities $ 21 $ 17