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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING ACTIVITIES      
Net income attributable to Tompkins Financial Corporation $ 70,850 $ 9,505 $ 85,030
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit loss expense 6,611 4,339 2,789
Depreciation and amortization of premises, equipment, and software 10,143 11,399 10,684
Amortization of intangible assets 332 334 873
Earnings from corporate owned life insurance (2,768) (1,727) (1,162)
Net amortization on securities (1,123) 2,434 5,595
Amortization/accretion related to purchase accounting (691) (677) (921)
Deferred income tax (benefit) expense (3,082) (434) 910
Net (gain) loss on securities transactions (32) 69,973 634
Net gain on sale of loans originated for sale (1,001) (96) (155)
Proceeds from sale of loans originated for sale 41,071 4,591 9,018
Loans originated for sale (41,128) (5,097) (8,658)
Net gain on sale of bank premises and equipment (218) (55) (105)
Net excess tax (expense) benefit from stock-based compensation (134) (229) 365
Stock-based compensation expense 4,631 4,100 4,343
Increase in accrued interest receivable (2,716) (1,242) (2,268)
Increase in accrued interest payable 1,380 2,054 519
Other, net 12,841 (10,169) (4,151)
Net Cash Provided by Operating Activities 94,966 89,003 103,340
INVESTING ACTIVITIES      
Proceeds from maturities, calls and principal paydowns of available-for-sale debt securities 198,432 161,835 208,655
Proceeds from sales of available-for-sale debt securities 39,952 440,488 160,638
Purchases of available-for-sale debt securities (55,913) (391,488) (154,820)
Purchases of held-to-maturity debt securities 0 0 (28,320)
Proceeds from sale of VISA Class B shares 0 0 11,407
Net increase in loans (428,944) (337,047) (193,010)
Proceeds from sale/redemptions of Federal Home Loan Bank stock 114,015 116,198 81,402
Purchases of Federal Home Loan Bank and other stock (122,551) (132,197) (88,126)
Proceeds from sale of bank premises and equipment 294 146 223
Purchases of bank premises, equipment and software (6,209) (6,762) (8,168)
Purchase of corporate owned life insurance (6,250) 0 0
Proceeds from redemption of corporate owned life insurance 17,994 1,872 2,106
Other, net (1,261) 654 (431)
Net Cash (Used in) Provided by Investing Activities (250,441) (146,301) (8,444)
FINANCING ACTIVITIES      
Net increase (decrease) in demand, money market, and savings deposits 1,596 (569,050) (180,877)
Net increase (decrease) in time deposits 70,784 367,070 (7,740)
Net decrease in Federal funds purchased and securities sold under agreements to repurchase (13,960) (5,282) (10,509)
Increase in other borrowings 804,947 450,400 435,900
Repayment of other borrowings (616,800) (139,600) (268,600)
Cash dividends (35,049) (34,512) (33,565)
Common stock issued 170 0 0
Repurchase of common stock 0 (8,726) (15,430)
Shares issued for employee stock ownership plan 0 0 2,951
Net shares issued related to restricted stock awards (1,242) (1,173) (1,758)
Net proceeds from exercise of stock options (115) (124) (538)
Net Cash Provided by (Used in) Financing Activities 210,331 59,003 (80,166)
Net Increase in Cash and Cash Equivalents 54,856 1,705 14,730
Cash and cash equivalents at beginning of period 79,542 77,837 63,107
Total Cash and Cash Equivalents at End of Period 134,398 79,542 77,837
Supplemental Cash Flow Information      
Cash paid during the year for - Interest 135,513 86,258 21,047
Cash paid during the year for - Taxes 14,826 10,381 23,898
Transfer of loans to other real estate owned 14,314 131 351
Right-of-use assets obtained in exchange for new lease liabilities $ 2,341 $ 1,655 $ 2,498