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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
INTEREST AND DIVIDEND INCOME        
Loans $ 56,740 $ 52,757 $ 112,064 $ 103,651
Due from banks 10 7 20 13
Available-for-sale securities 7,686 7,729 15,544 15,373
Held-to-maturity securities 863 854 1,721 1,712
Federal Home Loan Bank and other stock 794 796 1,672 1,534
Total Interest and Dividend Income 66,093 62,143 131,021 122,283
INTEREST EXPENSE        
Time certificates of deposits of $250,000 or more 774 540 1,360 525
Other deposits 6,816 3,087 12,827 5,870
Federal funds purchased and securities sold under agreements to repurchase 33 34 77 80
Trust preferred debentures 327 306 656 586
Other borrowings 5,825 5,462 11,869 9,821
Total Interest Expense 13,775 9,429 26,789 16,882
Net Interest Income 52,318 52,714 104,232 105,401
Less: Provision for loan and lease losses 601 1,045 1,046 1,612
Net Interest Income After Provision for Loan and Lease Losses 51,717 51,669 103,186 103,789
NONINTEREST INCOME        
Insurance commissions and fees 7,752 7,387 15,797 14,781
Investment services income 3,907 4,022 7,991 8,268
Service charges on deposit accounts 2,021 2,080 4,019 4,212
Card services income 2,750 2,621 5,540 4,767
Other income 1,806 4,898 4,284 6,686
Net gain on securities transactions 284 150 296 274
Total Noninterest Income 18,520 21,158 37,927 38,988
NONINTEREST EXPENSE        
Salaries and wages 22,088 21,377 43,189 42,375
Other employee benefits 5,662 5,183 11,273 10,559
Net occupancy expense of premises 3,258 3,170 6,859 6,816
Furniture and fixture expense 1,996 1,673 3,975 3,648
FDIC insurance 522 704 1,104 1,371
Amortization of intangible assets 418 443 830 894
Other operating expense 12,126 12,435 23,049 23,043
Total Noninterest Expenses 46,070 44,985 90,279 88,706
Income Before Income Tax Expense 24,167 27,842 50,834 54,071
Income Tax Expense 4,743 5,751 10,338 11,512
Net Income Attributable to Noncontrolling Interests and Tompkins Financial Corporation 19,424 22,091 40,496 42,559
Less: Net Income Attributable to Noncontrolling Interests 32 32 64 64
Net Income Attributable to Tompkins Financial Corporation $ 19,392 $ 22,059 $ 40,432 $ 42,495
Basic Earnings Per Share (in dollars per share) $ 1.27 $ 1.44 $ 2.64 $ 2.78
Diluted Earnings Per Share (in dollars per share) $ 1.27 $ 1.43 $ 2.63 $ 2.76