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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
INTEREST AND DIVIDEND INCOME        
Loans $ 37,550 $ 25,403 $ 73,979 $ 50,706
Due from banks 1 5 8 8
Federal funds sold 0 0 0 2
Trading securities 160 189 325 387
Available-for-sale securities 7,912 7,523 15,392 14,699
Held-to-maturity securities 177 225 368 450
Federal Home Loan Bank stock and Federal Reserve Bank stock 160 196 345 417
Total Interest and Dividend Income 45,960 33,541 90,417 66,669
INTEREST EXPENSE        
Time certificates of deposits of $100,000 or more 1,239 720 2,443 1,454
Other deposits 2,016 1,798 4,198 3,825
Federal funds purchased and securities sold under agreements to repurchase 966 1,074 1,976 2,166
Trust preferred debentures 690 402 1,377 807
Other borrowings 1,223 1,437 2,391 2,866
Total Interest Expense 6,134 5,431 12,385 11,118
Net Interest Income 39,826 28,110 78,032 55,551
Less: Provision for loan and lease losses 2,489 1,011 3,527 2,136
Net Interest Income After Provision for Loan and Lease Losses 37,337 27,099 74,505 53,415
NONINTEREST INCOME        
Insurance commissions and fees 7,167 3,493 14,428 6,890
Investment services income 3,698 3,760 7,486 7,398
Service charges on deposit accounts 2,024 1,593 3,932 3,378
Card services income 1,690 1,280 3,428 2,849
Mark-to-market loss on trading securities (270) (75) (385) (157)
Mark-to-market gain on liabilities held at fair value 347 77 424 166
Net other-than-temporary impairment losses 0 (65) 0 (65)
Other income 1,810 1,770 4,176 3,034
Gain on securities transactions 75 933 442 935
Total Noninterest Income 16,541 12,766 33,931 24,428
NONINTEREST EXPENSES        
Salaries and wages 16,291 11,081 31,863 22,381
Pension and other employee benefits 5,338 4,123 11,408 8,422
Net occupancy expense of premises 2,954 1,793 6,015 3,598
Furniture and fixture expense 1,462 1,116 2,919 2,216
FDIC insurance 821 554 1,593 1,082
Amortization of intangible assets 547 124 1,104 257
Merger related expenses 37 879 233 972
Other operating expense 10,327 7,185 20,163 14,298
Total Noninterest Expenses 37,777 26,855 75,298 53,226
Income Before Income Tax Expense 16,101 13,010 33,138 24,617
Income Tax Expense 5,061 4,151 10,557 7,912
Net Income Attributable to Noncontrolling Interests and Tompkins Financial Corporation 11,040 8,859 22,581 16,705
Less: Net income attributable to noncontrolling interests 33 33 65 65
Net Income Attributable to Tompkins Financial Corporation $ 11,007 $ 8,826 $ 22,516 $ 16,640
Basic Earnings Per Share $ 0.76 $ 0.72 $ 1.55 $ 1.43
Diluted Earnings Per Share $ 0.75 $ 0.72 $ 1.55 $ 1.42