v3.26.1
Segment and Related Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment and Related Information Segment and Related Information
The Company manages its operations through two reportable business segments in accordance with the standards set forth in FASB ASC 280, "Segment Reporting": (i) banking and (ii) wealth management. The Company’s wealth management services, other than trust services, are managed separately from the banking segment.
On October 31, 2025, the Company sold all of the issued and outstanding shares of capital stock of its insurance subsidiary, TIA, to Gallagher. For the first 10 months of 2025, the Company had three operating segments: (i) banking, (ii) insurance services, and (iii) wealth management.
Banking
Tompkins Bank & Trust has twelve banking offices located in Ithaca, NY and surrounding communities; fourteen banking offices located in the Genesee Valley region of New York State, which includes Monroe County; twelve banking offices located in the counties north of New York City; and sixteen banking offices operating in southeastern Pennsylvania.
Wealth Management
The wealth management segment is generally organized under the Tompkins Financial Advisors brand. Tompkins Financial Advisors offers a comprehensive suite of financial services to customers, including trust and estate services, investment management and financial and insurance planning for individuals, corporate executives, small business owners and high net worth individuals. Tompkins Financial Advisors has offices in each of the Company’s regional markets.
Chief Operating Decision Maker
Our Chief Executive Officer ("CEO") is our chief operating decision maker. In order to allocate costs, capital and resources to each operating segment, we (i) identify the cost or opportunity value of funds within each business segment, (ii) measure the profitability of a particular business segment by relating appropriate costs to revenues, (iii) evaluate each business segment in a manner consistent with its economic impact on consolidated earnings, and (iv) enhance asset and liability pricing decisions. Our CEO reviews actual net income versus budgeted net income on a monthly basis to assess segment performance and to make decisions about allocating capital and personnel among the segments.

Segment Reporting
Summarized financial information concerning the Company’s reportable segments and the reconciliation to the Company’s consolidated results is shown in the following tables. 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, insurance and wealth management 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 the bank and the holding company. All other accounting policies are the same as those described in the summary of significant accounting policies in the Company's Annual Report on Form 10-K for the year ended December 31, 2025.
Three Months Ended June 30, 2026
(In thousands)BankingWealth ManagementIntercompanyConsolidated
Interest income$105,941 $0 $0 $105,941 
Interest expense31,958 0 0 31,958 
Net interest income73,983 0 0 73,983 
Provision for credit loss expense1,502 0 0 1,502 
Noninterest income7,805 5,329 0 13,134 
Noninterest expense42,936 4,130 0 47,066 
Income before income tax expense37,350 1,199 0 38,549 
Income tax expense8,945 300 0 9,245 
Net Income$28,405 $899 $0 $29,304 
Depreciation and amortization$2,274 $46 $0 $2,320 
Assets8,772,330 29,192 0 8,801,522 
Goodwill64,525 8,211 0 72,736 
Other intangibles, net1,962 0 0 1,962 
Net loans and leases6,538,699 0 0 6,538,699 
Deposits7,029,228 0 (117)7,029,111 
Total Equity933,595 26,337 0 959,932 
Three Months Ended June 30, 2025
(In thousands)BankingInsuranceWealth
Management		IntercompanyConsolidated
Interest income$93,646 $1 $0 $(1)$93,646 
Interest expense33,517 0 0 (1)33,516 
Net interest income60,129 1 0 0 60,130 
Provision for credit loss expense2,780 0 0 0 2,780 
Noninterest income7,617 9,901 5,541 (547)22,512 
Noninterest expense40,441 7,729 4,000 (547)51,623 
Income before income tax expense24,525 2,173 1,541 0 28,239 
Income tax expense5,831 552 385 0 6,768 
Net Income$18,694 $1,621 $1,156 $0 $21,471 
Depreciation and amortization$1,978 $36 $44 $0 $2,058 
Assets8,319,441 49,305 29,087 (24,015)8,373,818 
Goodwill64,525 19,867 8,211 (1)92,602 
Other intangibles, net1,367 854 16 0 2,237 
Net loans and leases6,114,099 0 0 0 6,114,099 
Deposits6,734,658 0 0 (18,863)6,715,795 
Total Equity701,907 33,248 26,638 0 761,793 
Six Months Ended June 30, 2026
(In thousands)BankingWealth
Management		IntercompanyConsolidated
Interest income$208,610 $0 $0 $208,610 
Interest expense62,766 0 0 62,766 
Net interest income145,844 0 0 145,844 
Provision for credit loss expense3,004 0 0 3,004 
Noninterest income14,273 10,695 0 24,968 
Noninterest expense86,514 8,278 0 94,792 
Income before income tax expense70,599 2,417 0 73,016 
Income tax expense17,034 604 0 17,638 
Net Income$53,565 $1,813 $0 $55,378 
Depreciation and amortization$4,534 $93 $0 $4,627 
Six Months Ended June 30, 2025
(In thousands)BankingInsuranceWealth
Management		IntercompanyConsolidated
Interest income$183,108 $1 $0 $(1)$183,108 
Interest expense66,317 0 0 (1)66,316 
Net interest income116,791 1 0 0 116,792 
Provision for credit loss expense8,067 0 0 0 8,067 
Noninterest income16,263 21,604 10,754 (1,077)47,544 
Noninterest expense80,136 15,054 8,117 (1,077)102,230 
Income before income tax expense44,851 6,551 2,637 0 54,039 
Income tax expense10,473 1,757 659 0 12,889 
Net Income$34,378 $4,794 $1,978 $0 $41,150 
Depreciation and amortization$4,084 $82 $87 $0 $4,253