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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES      
Net income attributable to Tompkins Financial Corporation $ 89,264 $ 77,588 $ 81,718
Adjustments to reconcile net income attributable to Tompkins Financial Corporation, to net cash provided by operating activities:      
(Credit) provision for credit loss expense (2,219) 17,213 1,366
Depreciation and amortization of premises, equipment, and software 10,250 10,192 10,044
Accretion related to purchase accounting (912) (1,066) (1,448)
Amortization of intangible assets 1,317 1,484 1,673
Earnings from corporate owned life insurance, net (1,879) (2,188) (2,164)
Net amortization on securities 11,758 10,737 7,435
Deferred income tax expense (benefit) 1,798 (6,284) 3,073
Net (gain) loss on sale of securities transactions (249) (443) (645)
Loss on redemption of trust preferred debentures 1,845 139 0
Penalties on prepayment of FHLB borrowings 2,929 0 0
Net gain on sale of loans (943) (2,054) (227)
Proceeds from sale of loans 32,460 53,726 17,122
Loans originated for sale (27,354) (55,232) (15,007)
Net gain on sale of bank premises and equipment (21) (3) (98)
Net excess tax benefit from stock based compensation 609 118 944
Stock-based compensation expense 5,145 4,733 4,235
Decrease (increase) in accrued interest receivable 9,428 (12,732) 1,629
(Decrease) increase in accrued interest payable (826) (759) 78
Other, net (11,223) 6,218 (8,113)
Net Cash Provided by Operating Activities 121,177 101,387 101,615
INVESTING ACTIVITIES      
Proceeds from maturities, calls and principal paydowns of available-for-sale debt securities 453,735 545,617 302,978
Proceeds from sales of available-for-sale debt securities 142,679 42,333 232,598
Proceeds from maturities, calls and principal paydowns of held-to-maturity securities 0 0 9,588
Purchases of available-for-sale debt securities (1,071,810) (904,913) (333,151)
Purchases of held-to-maturity securities (283,992) 0 (7,589)
Net decrease (increase) in loans and leases 175,162 (340,475) (89,582)
Proceeds from sales/redemption of Federal Home Loan Bank stock 9,182 42,706 126,755
Purchases of Federal Home Loan Bank and other stock (3,796) (25,393) (108,188)
Proceeds from sale of bank premises and equipment 95 22 448
Purchases of bank premises, equipment and software (4,741) (4,551) (6,014)
Redemption of corporate owned life insurance 169 446 1,370
Net cash used in acquisitions 0 0 (436)
Other, net 23 489 5,209
Net Cash (Used in) Provided by Investing Activities (583,294) (643,719) 133,986
FINANCING ACTIVITIES      
Net increase in demand, money market, and savings deposits 460,243 1,153,611 286,243
Net (decrease) increase in time deposits (106,063) 71,809 38,591
Net increase (decrease) in securities sold under agreements to repurchase and Federal funds purchased 942 5,499 (21,496)
Increase in other borrowings 14,000 74,583 526,853
Redemption of trust preferred debentures (15,150) (4,124) 0
Repayment of other borrowings (157,929) (467,683) (944,828)
Net proceeds from restricted stock awards (2,292) (1,682) (1,875)
Cash dividends (32,415) (31,359) (30,637)
Repurchase of common stock (23,773) (9,414) (29,867)
Shares issued for dividend reinvestment plan 2 1,825 0
Net proceeds from exercise of stock options (803) (253) (992)
Net Cash Provided by (Used in) Financing Activities 136,762 792,812 (178,008)
Net (Decrease) Increase Cash and Cash Equivalents (325,355) 250,480 57,593
Cash and cash equivalents at beginning of year 388,462 137,982 80,389
Total Cash & Cash Equivalents at End of Year 63,107 388,462 137,982
Supplemental Cash Flow Information      
Cash paid during the year for - Interest 16,920 30,340 51,545
Cash paid, net of refunds, during the year for - Income taxes 28,630 22,893 16,727
Non-cash investing and financing activities:      
Transfer of loans to other real estate owned 46 192 803
Transfer of securities from held-to-maturity to available-for-sale 0 0 138,206
Initial recognition of operating lease right-of-use assets 0 0 35,783
Initial recognition of operating lease liabilities 0 0 38,119
Right-of-use assets obtained in exchange for new lease liabilities $ 2,280 $ 1,256 $ 585