Segment and Related Information

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment and Related Information

15. Segment and Related Information

The Company manages its operations through three reportable business segments in accordance with the standards set forth in FASB ASC 280, "Segment Reporting": (i) banking ("Banking"), (ii) insurance ("Tompkins Insurance Agencies, Inc.") and (iii) wealth management ("Tompkins Financial Advisors" and "VIST Capital Management"). The Company's insurance services and wealth management services, other than trust services and the services offered by VIST Capital Management, are managed separately from the Banking segment.

Banking

The Banking segment is primarily comprised of the four banking subsidiaries: Tompkins Trust Company, a commercial bank with fifteen banking offices operated in Ithaca, NY and surrounding communities, The Bank of Castile, a commercial bank with sixteen banking offices conducting operations in the towns situated in and around the areas commonly known as the Letchworth State Park area and the Genesee Valley region of New York State, Mahopac National Bank, a commercial bank operating fifteen full-service banking offices and one limited service office in the counties north of New York City, and VIST Bank, a banking organization containing twenty banking offices headquartered and operating in the areas surrounding southeastern Pennsylvania.

Insurance

The Company provides property and casualty insurance services and employee benefits consulting through Tompkins Insurance Agencies, Inc, a 100% wholly-owned subsidiary of the Company, headquartered in Batavia, New York. Tompkins Insurance is an independent insurance agency, representing many major insurance carriers and provides employee benefit consulting to employers in Western and Central New York, assisting them with their medical, group life insurance and group disability insurance. Recently, through the acquisition of VIST Financial, Tompkins Insurance expanded its operations with the addition of VIST Insurance, a full service insurance agency offering a similar array of insurance products as Tompkins Insurance in southeastern Pennsylvania.

Wealth Management

The Wealth Management segment is generally organized under the Tompkins Financial Advisors brand name and consists of services and products offered through Tompkins Investment Services ("TIS"), a division of Tompkins Trust Company, and TFA Wealth Management. VIST Capital Management provides investment management services to our customers in southeastern Pennsylvania. Tompkins Financial Advisors offers a comprehensive suite of financial services to customers, including trust and estate services, investment management and financial and insurance planning for individuals, corporate executives, small business owners and high net worth individuals. VIST Capital Management, offers a complementary assortment of investment advisory, retirement planning, and brokerage services. Tompkins Financial Advisors has offices in each of the Company's three subsidiary banks located in New York, and VIST Capital Management has offices at VIST Bank.

Summarized financial information concerning the Company's reportable segments and the reconciliation to the Company's consolidated results is shown in the following table. Investment in subsidiaries is netted out of the presentations below. The "Intercompany" column identifies the intercompany activities of revenues, expenses and other assets between the banking insurance and wealth management services segments. The Company accounts for intercompany fees and services at an estimated fair value according to regulatory requirements for the services provided. Intercompany items relate primarily to the use of human resources, information systems, accounting and marketing services provided by any of the banks and the holding company. All other accounting policies are the same as those described in the summary of significant accounting policies in the 2012 Annual Report on Form 10-K.

As of and for the three months ended June 30, 2013
(in thousands)					Wealth
	Banking		Insurance		Management		Intercompany			Consolidated
Interest income	$	45,911	$	2	$	49	$	(2	)	$	45,960
Interest expense		6,136		0		0		(2	)		6,134
Net interest income		39,775		2		49		0			39,826
Provision for loan and lease losses		2,489		0		0		0			2,489
Noninterest income		5,818		7,229		3,746		(252	)		16,541
Noninterest expense		29,602		5,491		2,936		(252	)		37,777
Income before income tax expense		13,502		1,740		859		0			16,101
Income tax expense		4,107		665		289		0			5,061
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation		9,395		1,075		570		0			11,040
Less: Net income attributable to noncontrolling interests		33		0		0		0			33
Net Income attributable to Tompkins Financial Corporation	$	9,362	$	1,075	$	570	$	0		$	11,007
Depreciation and amortization	$	1,359	$	53	$	34	$	0		$	1,446
Assets		4,892,300		35,356		12,857		(8,630	)		4,931,883
Goodwill		64,500		19,559		8,081		0			92,140
Other intangibles, net		11,450		5,313		637		0			17,400
Net loans and leases		3,029,725		0		0		0			3,029,725
Deposits		3,921,307		0		0		(8,397	)		3,912,910
Total Equity		395,147		25,698		11,049		0			431,894

As of and for the three months ended June 30, 2012
(in thousands)					Wealth
	Banking		Insurance		Management		Intercompany			Consolidated
Interest income	$	33,475	$	2	$	66	$	(2	)	$	33,541
Interest expense		5,433		0		0		(2	)		5,431
Net interest income		28,042		2		66		0			28,110
Provision for loan and lease losses		1,011		0		0		0			1,011
Noninterest income		5,773		3,588		3,730		(325	)		12,766
Noninterest expense		21,329		2,729		3,122		(325	)		26,855
Income before income tax expense		11,475		861		674		0			13,010
Income tax expense		3,597		341		213		0			4,151
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation		7,878		520		461		0			8,859
Less: Net income attributable to noncontrolling interests		33		0		0		0			33
Net Income attributable to Tompkins Financial Corporation	$	7,845	$	520	$	461	$	0		$	8,826
Depreciation and amortization	$	1,130	$	41	$	36	$	0		$	1,207
Assets		3,455,487		19,445		11,425		(3,688	)		3,482,669
Goodwill		23,600		13,279		8,012		0			44,891
Other intangibles, net		2,232		1,068		461		0			3,761
Net loans and leases		1,992,816		0		0		0			1,992,816
Deposits		2,768,691		0		0		(3,598	)		2,765,093
Total Equity		330,961		14,016		8,723		0			353,700

For the six months ended June 30, 2013
(in thousands)					Wealth
	Banking		Insurance		Management		Intercompany			Consolidated
Interest income	$	90,312	$	4	$	104	$	(3	)	$	90,417
Interest expense		12,388		0		0		(3	)		12,385
Net interest income		77,924		4		104		0			78,032
Provision for loan and lease losses		3,527		0		0		0			3,527
Noninterest income		12,455		14,294		7,936		(754	)		33,931
Noninterest expense1		59,009		11,057		5,986		(754	)		75,298
Income before income tax expense		27,843		3,241		2,054		0			33,138
Income tax expense		8,574		1,290		693		0			10,557
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation		19,269		1,951		1,361		0			22,581
Less: Net income attributable to noncontrolling interests		65		0		0		0			65
Net Income attributable to Tompkins Financial Corporation	$	19,204	$	1,951	$	1,361	$	0		$	22,516
Depreciation and amortization	$	2,711	$	109	$	70	$	0		$	2,890

For the six months ended June 30, 2012
(in thousands)					Wealth
	Banking		Insurance		Management		Intercompany			Consolidated
Interest income	$	66,545	$	4	$	124	$	(4	)	$	66,669
Interest expense		11,122		0		0		(4	)		11,118
Net interest income		55,423		4		124		0			55,551
Provision for loan and lease losses		2,136		0		0		0			2,136
Noninterest income		10,614		7,081		7,418		(685	)		24,428
Noninterest expense		42,019		5,518		6,374		(685	)		53,226
Income before income tax expense		21,882		1,567		1,168		0			24,617
Income tax expense		6,929		618		365		0			7,912
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation		14,953		949		803		0			16,705
Less: Net income attributable to noncontrolling interests		65		0		0		0			65
Net Income attributable to Tompkins Financial Corporation	$	14,888	$	949	$	803	$	0		$	16,640
Depreciation and amortization	$	2,260	$	84	$	72	$	0		$	2,416