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Segment and Related Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of segment and related information

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 and financial 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 Note 1 “Summary of Significant Accounting Policies” in this Report.

As of and for the year ended December 31, 2020
(In thousands)			Banking						Insurance						Wealth Management						Intercompany						Consolidated
Interest income			$	254,330					$	4					$	0					$	(4)					$	254,330
Interest expense			28,995						0						0						(4)						28,991
Net interest income			225,335						4						0						0						225,339
Provision for credit loss expense			16,151						0						0						0						16,151
Noninterest income			26,015						31,930						18,131						(2,216)						73,860
Noninterest expense			148,742						25,941						12,915						(2,216)						185,382
Income before income tax expense			86,457						5,993						5,216						0						97,666
Income tax expense			17,033						1,625						1,266						0						19,924
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation			69,424						4,368						3,950						0						77,742
Less: Net income attributable to noncontrolling interests			154						0						0						0						154
Net Income attributable to Tompkins Financial Corporation			$	69,270					$	4,368					$	3,950					$	0					$	77,588
Depreciation and amortization			$	9,912					$	229					$	51					$	0					$	10,192
Assets			7,564,342						41,812						28,616						(12,599)						7,622,171
Goodwill			64,370						19,866						8,211						0						92,447
Other intangibles, net			2,418						2,398						89						0						4,905
Net loans and leases			5,208,658						0						0						0						5,208,658
Deposits			6,449,289						0						0						(11,537)						6,437,752
Total equity			660,334						31,455						25,900						0						717,689

As of and for the year ended December 31, 2019
(In thousands)			Banking						Insurance						Wealth Management						Intercompany						Consolidated
Interest income			$	261,378					$	3					$	0					$	(3)					$	261,378
Interest expense			50,753						0						0						(3)						50,750
Net interest income			210,625						3						0						0						210,628
Provision for loan and lease losses			1,366						0						0						0						1,366
Noninterest income			29,054						31,501						17,001						(2,123)						75,433
Noninterest expense			145,102						25,908						12,947						(2,123)						181,834
Income before income tax expense			93,211						5,596						4,054						0						102,861
Income tax expense			18,598						1,426						992						0						21,016
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation			74,613						4,170						3,062						0						81,845
Less: Net income attributable to noncontrolling interests			127						0						0						0						127
Net Income attributable to Tompkins Financial Corporation			$	74,486					$	4,170					$	3,062					$	0					$	81,718
Depreciation and amortization			$	9,778					$	225					$	41					$	0					$	10,044
Assets			6,671,409						41,841						24,313						(11,940)						6,725,623
Goodwill			64,370						19,866						8,211						0						92,447
Other intangibles, net			3,215						2,860						148						0						6,223
Net loans and leases			4,877,658						0						0						0						4,877,658
Deposits			5,223,893						0						0						(10,972)						5,212,921
Total equity			608,901						32,204						21,949						0						663,054

As of and for the year ended December 31, 2018
(In thousands)			Banking						Insurance						Wealth Management						Intercompany						Consolidated
Interest income			$	251,592					$	3					$	0					$	(3)					$	251,592
Interest expense			39,795						0						0						(3)						39,792
Net interest income			211,797						3						0						0						211,800
Provision for loan and lease losses			3,942						0						0						0						3,942
Noninterest income			31,738						29,760						17,997						(2,046)						77,449
Noninterest expense			145,070						25,427						12,616						(2,046)						181,067
Income before income tax expense			94,523						4,336						5,381						0						104,240
Income tax expense			19,486						1,092						1,227						0						21,805
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation			75,037						3,244						4,154						0						82,435
Less: Net income attributable to noncontrolling interests			127						0						0						0						127
Net Income attributable to Tompkins Financial Corporation			$	74,910					$	3,244					$	4,154					$	0					$	82,308
Depreciation and amortization			9,194						230						130						0						$	9,554
Assets			6,707,625						42,088						21,365						(12,642)						6,758,436
Goodwill			64,370						19,702						8,211						0						92,283
Other intangibles, net			4,224						3,192						212						0						7,628
Net loans and leases			4,790,529						0						0						0						4,790,529
Deposits			4,900,464						0						0						(11,505)						4,888,959
Total equity			568,988						32,996						18,887						0						620,871

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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