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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
INTEREST AND DIVIDEND INCOME      
Loans $ 103,998 $ 106,357 $ 107,452
Due from banks 12 31 27
Federal funds sold 7 17 15
Money market funds 0 0 36
Trading securities 873 1,084 1,362
Available-for-sale securities 30,103 33,989 35,196
Held-to-maturity securities 1,185 1,535 1,814
Federal Home Loan Bank stock and Federal Reserve Bank stock 910 1,049 893
Total Interest and Dividend Income 137,088 144,062 146,795
INTEREST EXPENSE      
Time certificates of deposits of $100,000 or more 3,292 4,297 5,442
Other deposits 9,795 13,380 18,769
Federal funds purchased and securities sold under agreements to repurchase 4,872 5,418 6,254
Trust preferred debentures 1,580 1,581 1,087
Other borrowings 6,143 7,611 8,206
Total Interest Expense 25,682 32,287 39,758
Net Interest Income 111,406 111,775 107,037
Less: Provision for loan and lease losses 8,945 8,507 9,288
Net Interest Income After Provision for Loan and Lease Losses 102,461 103,268 97,749
NONINTEREST INCOME      
Investment services income 14,287 14,329 13,328
Insurance commissions and fees 13,542 12,738 12,307
Service charges on deposit accounts 8,491 8,554 9,312
Card services income 5,060 4,285 3,664
Mark-to-market gain on trading securities 62 219 204
Mark-to-market (loss) gain on liabilities held at fair value (464) (441) 1,263
Other income 6,705 6,331 5,933
Net other-than-temporary impairment losses (65) [1] (34) [1] (146) [1]
Net gain on security transactions 396 178 348
Total Noninterest Income 48,014 46,159 46,213
NONINTEREST EXPENSES      
Salaries and wages 44,140 42,530 40,459
Pension and other employee benefits 14,275 14,523 13,367
Net occupancy expense of premises 7,117 7,161 7,135
Furniture and fixture expense 4,463 4,421 4,462
FDIC insurance 2,527 3,768 4,976
Amortization of intangible assets 589 762 915
Other operating expense 25,441 25,880 25,303
Total Noninterest Expenses 98,552 99,045 96,617
Income Before Income Tax Expense 51,923 50,382 47,345
Income Tax Expense 16,373 16,420 15,383
Net Income Attributable to Noncontrolling Interests and Tompkins Financial Corporation 35,550 33,962 31,962
Less: Net income attributable to noncontrolling interests 131 131 131
Net Income Attributable to Tompkins Financial Corporation $ 35,419 $ 33,831 $ 31,831
Basic Earnings Per Share $ 3.21 [2] $ 3.13 [2] $ 2.98 [2]
Diluted Earnings Per Share $ 3.2 [2] $ 3.11 [2] $ 2.96 [2]
[1] In 2011, other-than-temporary impairment ("OTTI") on securities available-for-sale totaling $178,000 in losses were recognized which included $113,000 recognized in AOCI, and $65,000 of OTTI losses recognized in noninterest income. In 2010, OTTI on securities available-for-sale totaling $34,000 was recognized in noninterest income. There were no additional non-credit OTTI losses on these securities in 2010. In 2009, net OTTI on securities available-for-sale totaling $1.8 million in losses were recognized which included $1.6 million recognized in accumulated other comprehensive income, and $146,000 of OTTI losses recognized in noninterest income.
[2] Per share data has been retroactively adjusted to reflect a 10% stock dividend paid on February 15, 2010.