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Segment and Related Information (Table)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of segment and related information

Three Months Ended June 30, 2024
(In thousands)			Banking			Insurance			Wealth Management			Intercompany			Consolidated
Interest income			$	85,240		$	1		$	0		$	(1)		$	85,240
Interest expense			34,288			0			0			(1)			34,287
Net interest income			50,952			1			0			0			50,953
Provision for credit loss expense			2,172			0			0			0			2,172
Noninterest income			7,822			9,220			5,261			(527)			21,776
Noninterest expense			39,662			7,086			3,721			(527)			49,942
Income before income tax expense			16,940			2,135			1,540			0			20,615
Income tax expense			3,938			582			382			0			4,902
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation			13,002			1,553			1,158			0			15,713
Less: Net income attributable to noncontrolling interests			31			0			0			0			31
Net Income attributable to Tompkins Financial Corporation			$	12,971		$	1,553		$	1,158		$	0		$	15,682
Depreciation and amortization			$	2,522		$	41		$	41		$	0		$	2,604
Assets			7,810,792			48,840			29,404			(19,514)			7,869,522
Goodwill			64,525			19,866			8,211			0			92,602
Other intangibles, net			978			1,186			29			0			2,193
Net loans and leases			5,708,805			0			0			0			5,708,805
Deposits			6,312,911			0			0			(27,015)			6,285,896
Total Equity			605,109			37,055			33,929			0			676,093

Three Months Ended June 30, 2023
(In thousands)			Banking			Insurance			Wealth Management			Intercompany			Consolidated
Interest income			$	71,870		$	1		$	0		$	(1)		$	71,870
Interest expense			19,975			0			0			(1)			19,974
Net interest income			51,895			1			0			0			51,896
(Credit) provision for credit loss expense			2,253			0			0			0			2,253
Noninterest income			(378)			8,798			4,736			(541)			12,615
Noninterest expense			41,385			7,201			3,922			(540)			51,968
Income before income tax expense			7,879			1,598			814			(1)			10,290
Income tax expense			1,147			437			200			0			1,784
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation			6,732			1,161			614			(1)			8,506
Less: Net income attributable to noncontrolling interests			31			0			0			0			31
Net Income attributable to Tompkins Financial Corporation			$	6,701		$	1,161		$	614		$	(1)		$	8,475
Depreciation and amortization			$	2,652		$	44		$	44		$	0		$	2,740
Assets			7,569,195			44,640			28,896			(16,493)			7,626,238
Goodwill			64,655			19,866			8,081			0			92,602
Other intangibles, net			975			1,496			42			0			2,513
Net loans and leases			5,303,820			0			0			0			5,303,820
Deposits			6,481,556			0			(11,019)			(15,886)			6,454,651
Total Equity			565,505			35,070			35,866			0			636,441

Six Months Ended June 30, 2024
(In thousands)			Banking			Insurance			Wealth Management			Intercompany			Consolidated
Interest income			$	168,423		$	2		$	0		$	(2)		$	168,423
Interest expense			66,797			0			0			(2)			66,795
Net interest income			101,626			2			0			0			101,628
Provision for credit loss expense			3,026			0			0			0			3,026
Noninterest income			14,933			19,746			10,300			(1,066)			43,913
Noninterest expense			79,025			14,313			7,527			(1,066)			99,799
Income before income tax expense			34,508			5,435			2,773			0			42,716
Income tax expense			7,924			1,489			687			0			10,100
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation			26,584			3,946			2,086			0			32,616
Less: Net income attributable to noncontrolling interests			62			0			0			0			62
Net Income attributable to Tompkins Financial Corporation			$	26,522		$	3,946		$	2,086		$	0		$	32,554
Depreciation and amortization			$	5,444		$	84		$	82		$	0		$	5,610

Six Months Ended June 30, 2023
(In thousands)			Banking			Insurance			Wealth Management			Intercompany			Consolidated
Interest income			$	141,108		$	2		$	0		$	(2)		$	141,108
Interest expense			34,968			0			0			(2)			34,966
Net interest income			106,140			2			0			0			106,142
Provision for credit loss expense			1,428			0			0			0			1,428
Noninterest income			6,321			18,433			9,357			(1,096)			33,015
Noninterest expense			81,233			14,417			7,572			(1,096)			102,126
Income before income tax expense			29,800			4,018			1,785			0			35,603
Income tax expense			6,136			1,110			439			0			7,685
Net Income attributable to noncontrolling interests and Tompkins Financial Corporation			23,664			2,908			1,346			0			27,918
Less: Net income attributable to noncontrolling interests			62			0			0			0			62
Net Income attributable to Tompkins Financial Corporation			$	23,602		$	2,908		$	1,346		$	0		$	27,856
Depreciation and amortization			$	5,241		$	88		$	89		$	0		$	5,418

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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

+ Details

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