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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and noninterest bearing balances due from banks $ 60,337 $ 67,212
Interest bearing balances due from banks 10,578 12,330
Cash and Cash Equivalents 70,915 79,542
Available-for-sale debt securities, at fair value (amortized cost of $1,463,965 at June 30, 2024 and $1,548,482 at December 31, 2023) 1,317,458 1,416,650
Held-to-maturity debt securities, at amortized cost (fair value of $264,588 at June 30, 2024 and $267,455 December 31, 2023) 312,430 312,401
Equity securities, at fair value (amortized cost $766 at June 30, 2024 and $787 at December 31, 2023) 766 787
Total loans and leases, net of unearned income and deferred costs and fees 5,761,864 5,605,935
Less: Allowance for credit losses 53,059 51,584
Net Loans and Leases 5,708,805 5,554,351
Federal Home Loan Bank and other stock 41,382 33,719
Bank premises and equipment, net 77,279 79,687
Corporate owned life insurance 75,453 67,884
Goodwill 92,602 92,602
Other intangible assets, net 2,193 2,327
Accrued interest and other assets 170,239 179,799
Total Assets 7,869,522 7,819,749
Interest bearing:    
Checking, savings and money market 3,453,049 3,484,878
Time 979,292 998,013
Noninterest bearing 1,853,555 1,916,956
Total Deposits 6,285,896 6,399,847
Federal funds purchased and securities sold under agreements to repurchase 35,989 50,996
Other borrowings 773,627 602,100
Other liabilities 97,917 96,872
Total Liabilities 7,193,429 7,149,815
Tompkins Financial Corporation shareholders' equity:    
Common Stock - par value $0.10 per share: Authorized 25,000,000 shares; Issued: 14,429,124 at June 30, 2024; and 14,441,830 at December 31, 2023 1,443 1,444
Additional paid-in capital 298,647 297,183
Retained earnings 516,566 501,510
Accumulated other comprehensive loss (135,670) (125,005)
Treasury stock, at cost – 126,420 shares at June 30, 2024, and 132,097 shares at December 31, 2023 (6,356) (6,610)
Total Tompkins Financial Corporation Shareholders’ Equity 674,630 668,522
Noncontrolling interests 1,463 1,412
Total Equity 676,093 669,934
Total Liabilities and Equity $ 7,869,522 $ 7,819,749