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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and noninterest bearing balances due from banks $ 47,236 $ 67,212
Interest bearing balances due from banks 9,905 12,330
Cash and Cash Equivalents 57,141 79,542
Available-for-sale debt securities, at fair value (amortized cost of $1,511,471 at March 31, 2024 and $1,548,482 at December 31, 2023) 1,366,355 1,416,650
Held-to-maturity debt securities, at amortized cost (fair value of $265,102 at March 31, 2024 and $267,455 at December 31, 2023) 312,415 312,401
Equity securities, at fair value 772 787
Total loans and leases, net of unearned income and deferred costs and fees 5,640,524 5,605,935
Less: Allowance for credit losses 51,704 51,584
Net Loans and Leases 5,588,820 5,554,351
Federal Home Loan Bank and other stock 30,103 33,719
Bank premises and equipment, net 78,158 79,687
Corporate owned life insurance 74,730 67,884
Goodwill 92,602 92,602
Other intangible assets, net 2,247 2,327
Accrued interest and other assets 174,691 179,799
Total Assets 7,778,034 7,819,749
Interest bearing:    
Checking, savings and money market 3,646,960 3,484,878
Time 974,354 998,013
Noninterest bearing 1,828,302 1,916,956
Total Deposits 6,449,616 6,399,847
Federal funds purchased and securities sold under agreements to repurchase 43,681 50,996
Other borrowings 522,600 602,100
Other liabilities 92,799 96,872
Total Liabilities 7,108,696 7,149,815
Tompkins Financial Corporation shareholders' equity:    
Common Stock - par value $0.10 per share: Authorized 25,000,000 shares; Issued: 14,440,029 at March 31, 2024; and 14,441,830 at December 31, 2023 1,444 1,444
Additional paid-in capital 297,790 297,183
Retained earnings 509,668 501,510
Accumulated other comprehensive loss (134,816) (125,005)
Treasury stock, at cost – 123,577 shares at March 31, 2024, and 132,097 shares at December 31, 2023 (6,180) (6,610)
Total Tompkins Financial Corporation Shareholders’ Equity 667,906 668,522
Noncontrolling interests 1,432 1,412
Total Equity 669,338 669,934
Total Liabilities and Equity $ 7,778,034 $ 7,819,749