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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
INTEREST AND DIVIDEND INCOME        
Loans $ 47,357 $ 41,834 $ 92,308 $ 82,321
Due from banks 4 1 6 3
Trading securities 0 77 0 158
Available-for-sale securities 7,647 7,284 14,969 14,815
Held-to-maturity securities 870 903 1,748 1,814
Federal Home Loan Bank and other stock 464 318 932 615
Total Interest and Dividend Income 56,342 50,417 109,963 99,726
INTEREST EXPENSE        
Time certificates of deposits of $250,000 or more 466 422 907 812
Other deposits 2,482 2,264 4,829 4,473
Federal funds purchased and securities sold under agreements to repurchase 43 644 151 1,310
Trust preferred debentures 256 594 623 1,183
Other borrowings 2,794 1,586 5,118 3,003
Total Interest Expense 6,041 5,510 11,628 10,781
Net Interest Income 50,301 44,907 98,335 88,945
Less: Provision for loan and lease losses 976 978 1,745 1,833
Net Interest Income After Provision for Loan and Lease Losses 49,325 43,929 96,590 87,112
NONINTEREST INCOME        
Insurance commissions and fees 7,092 7,517 14,210 15,079
Investment services income 3,891 3,834 7,682 7,620
Service charges on deposit accounts 2,045 2,092 4,212 4,356
Card services income 2,676 2,002 4,685 3,943
Mark-to-market loss on trading securities 0 (60) 0 (106)
Mark-to-market gain on liabilities held at fair value 0 92 0 149
Other income 1,746 1,367 3,901 3,074
Gain on sale of available-for-sale securities 0 240 0 472
Total Noninterest Income 17,450 17,084 34,690 34,587
NONINTEREST EXPENSES        
Salaries and wages 20,424 19,333 39,937 38,322
Pension and other employee benefits 5,092 4,934 10,851 10,217
Net occupancy expense of premises 3,390 2,999 6,901 6,147
Furniture and fixture expense 1,637 1,577 3,234 3,266
FDIC insurance 617 783 1,155 1,605
Amortization of intangible assets 485 521 978 1,048
Other operating expense 9,923 9,241 19,880 18,289
Total Noninterest Expenses 41,568 39,388 82,936 78,894
Income Before Income Tax Expense 25,207 21,625 48,344 42,805
Income Tax Expense 8,248 6,760 15,637 13,656
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation 16,959 14,865 32,707 29,149
Less: Net income attributable to noncontrolling interests 33 32 65 65
Net Income Attributable to Tompkins Financial Corporation $ 16,926 $ 14,833 $ 32,642 $ 29,084
Basic Earnings Per Share (in dollars per share) $ 1.11 $ 0.99 $ 2.15 $ 1.94
Diluted Earnings Per Share (in dollars per share) $ 1.11 $ 0.98 $ 2.13 $ 1.92