Tompkins Financial Corp TMP Cash Flow

Tompkins financial corp (TMP)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent
81,718	82,308	52,494	59,340	58,421	52,041	50,856	31,285	35,419	33,831	31,831
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit loss expense
1,366	3,942	4,161	4,321	2,945	2,306	6,161	8,837	8,945	8,507	9,288
Other Depreciation and Amortization
10,044	9,554	8,269	6,829	6,468	5,710	5,706	5,326	4,758	4,665	4,484
Amortization of intangible assets
1,700	1,800	1,900	2,090	2,013	2,095	2,197	1,264	589	762	915
Bank Owned Life Insurance Income
2,164	1,818	2,196	2,106	2,064	1,883	2,021	1,715	1,504	1,378	-1,090
Net amortization on securities
-7,435	-8,816	-10,483	-11,623	-11,907	-10,683	-13,317	-12,313	-9,376	-4,793	1,878
Amortization/accretion related to purchase accounting
1,448	1,948	2,978	3,324	5,453	8,378	-12,152	-6,157	0	-	-
Other-than-temporary impairment loss
-	-	-	-	-	-	-	196	65	34	146
Mark-to-market loss on trading securities
-	-	-	-182	-295	-269	-538	-332	62	219	-204
Mark-to-market Gain On Liabilities Held At Fair Value
-	-	-	227	385	331	555	246	-464	-441	1,263
Deferred income tax expense
3,073	2,354	14,598	1,859	2,904	5,031	8,018	6,930	-2,100	2,251	-1,854
Net gain on securities transactions
645	-466	-407	926	1,108	391	599	324	396	178	-348
Net gain on sale of loans originated for sale
227	458	50	95	54	362	-133	885	496	955	-1,357
Proceeds from sale of loans originated for sale
17,122	28,195	4,601	4,001	3,282	20,263	13,483	38,438	27,074	54,566	90,357
Loans originated for sale
15,007	30,151	4,831	3,360	3,774	19,596	13,384	37,462	25,498	53,532	-90,206
Gain on redemption of trust preferred
-	-	-	-	-	-	1,410	-	0	-	-
Gain on IRA conversion
-	-	-	-	-	140	1,285	-	0	-	-
Gain on pension plan curtailment
-	-	-	-	6,003	0	0	-	-	-	-
Net (gain) loss on sale of bank premises and equipment
98	2,946	30	-7	-11	-6	-191	-55	8	22	7
Net excess tax benefit from stock based compensation
-944	-680	-1,635	-1,433	-358	-234	-	-	-	-	-
Stock-based compensation expense
4,235	3,477	2,956	2,270	1,903	1,506	1,382	1,310	1,261	1,219	938
Decrease (increase) in accrued interest receivable
1,629	-800	-2,731	-957	85	68	929	-783	-449	-658	-799
Decrease in accrued interest payable
-78	-355	-152	71	-105	253	945	122	907	-1,961	-139
Proceeds from maturities, calls and principal paydowns of trading securities
-	-	-	5,781	1,315	1,711	4,893	2,775	3,244	8,948	6,315
Proceeds from sales of trading securities
-	-	-	1,397	0	0	-8,000	-7,000	-2,750	-7,250	-
Contribution to pension plan
0	0	1,750	1,300	0	0	-	-	-	-	0
Decrease in FDIC prepaid insurance
-	-	-	-	-	-	-5,386	-2,468	-2,190	-3,311	-11,423
Other, net
8,113	-3,468	1,057	-2,093	-9,631	-7,008	-10,867	-4,941	-12,776	-3,757	-13,612
Net Cash Provided by Operating Activities
101,615	107,265	86,065	90,860	82,802	77,597	83,706	61,776	71,991	64,854	23,864
INVESTING ACTIVITIES
Proceeds from maturities, calls and principal paydowns of available-for-sale debt securities
302,978	151,053	166,625	244,456	249,800	219,082	250,911	306,795	385,599	356,539	303,700
Proceeds from sales of available-for-sale debt securities
232,598	70,652	64,106	97,296	137,594	90,551	115,796	217,971	59,666	13,976	32,510
Proceeds from maturities, calls and principal paydowns of held-to-maturity securities
9,588	6,729	8,068	11,776	11,709	11,557	13,315	14,649	38,314	19,903	21,506
Purchases of available-for-sale debt securities
333,151	185,467	208,502	404,528	391,116	348,555	398,811	405,078	541,976	482,690	519,902
Proceeds from sale of held-to-maturity securities
-	-	-	-	-	-	-	-	-	382	0
Purchases of held-to-maturity securities
7,589	8,492	5,556	8,207	69,947	80,817	8,236	12,043	10,002	30,461	11,930
Net (increase) decrease in loans
89,582	161,760	411,770	485,067	375,205	195,010	240,160	95,303	81,755	644	99,691
Proceeds from sale of commercial loans
-	-	-	-	-	-	5,160	-	0	-	-
Net increase in Federal Home Loan Bank stock
-18,567	1,764	7,365	13,164	8,710	-3,782	5,558	-4,338	-2,915	1,944	-2,833
Proceeds from sale of bank premises and equipment
448	3,317	157	100	87	198	130	59	48	83	53
Purchases of bank premises, equipment and software
6,014	18,084	35,290	16,274	6,343	9,040	6,545	7,070	3,310	3,531	5,165
Redemption of corporate owned life insurance
1,370	0	0	-	-	-	-	-	-	-	-
Purchased of corporate owned life insurance
-	-	-	-	-	2,500	2,212	-	1,500	2,625	0
Net cash used in acquisitions
436	0	0	-	-	415	0	-4,289	243	-	0
Other, net
-5,209	-216	-2,576	-119	789	-412	2,172	1,348	372	2,783	1,875
Net Cash Provided by (Used in) Investing Activities
133,986	-143,600	-426,951	-573,493	-452,920	-310,755	-278,382	27,259	-152,616	-133,795	-277,961
FINANCING ACTIVITIES
Net increase in demand, money market, and savings deposits
286,243	162,107	335,207	214,178	269,100	189,559	105,228	211,731	219,199	108,918	214,226
Net increase in time deposits
38,591	-109,732	-121,459	16,946	-41,440	34,243	-103,882	-107,361	-54,508	-52,909	91,631
Net increase (decrease) in Federal funds purchased and securities sold under agreements to repurchase
-21,496	6,665	6,115	-67,279	-9,400	-19,555	-45,117	-74,807	-14,519	-9,322	-3,102
Increase in other borrowings
526,853	524,492	750,918	761,001	452,759	339,948	309,974	20,000	98,980	79,000	11,000
Redemption of trust preferred debentures
0	0	21,161	0	0	-	5,191	-	0	-	-
Repayment of other borrowings
944,828	520,159	563,991	412,245	272,630	314,606	89,736	93,981	157,562	44,066	75,981
Net shares issued related to restricted stock awards
-1,875	-1,403	-1,294	-835	-195	64	40	-20	-	-	0
Net shares issued related to restricted stock awards
-	-	-	-	-	-	-	-	13	-	0
Cash dividends
30,637	29,634	27,627	26,603	25,411	23,983	22,463	19,021	15,420	14,381	13,208
Repurchase of common stock
29,867	2,448	0	1,166	3,505	4,602	0	-	-	-	-
Cash paid in lieu of fractional shares for 10% stock dividend
-	-	-	-	-	-	-	-	-	7	0
Shares issued for dividend reinvestment plan
0	0	2,872	3,201	0	2,186	4,046	1,936	2,435	2,872	-
Proceeds from issuance of trust preferred debentures, net of issuance cost
-	-	-	-	-	-	-	-	-	-	21,073
Shares issued for employee stock ownership plan
0	3,073	2,296	1,938	1,595	1,528	717	1,037	1,053	1,278	631
Common stock issued in capital raise
-	-	-	-	-	-	-	37,978	-	0	-
Common stock issued
-	-	-	-	50	50	0	-	0	-	-
Common stock repurchased and returned to unissued status
-	-	-	-	-	-	-	-	-	-	-178
Net proceeds from exercise of stock options
-992	-540	-641	-806	1,382	1,512	4,683	2,494	866	1,549	955
Tax benefit from stock option exercises
-	-	-	-	-	-	331	342	16	212	163
Net Cash (Used in) Provided by Financing Activities
-178,008	32,421	361,235	488,330	372,305	206,344	158,630	-19,672	80,527	73,144	247,210
Net Decrease in Cash and Cash Equivalents
57,593	-3,914	20,349	5,697	2,187	-26,814	-36,046	69,363	-98	4,203	-6,887
Supplemental Cash Flow Information
Cash paid during the year for - Interest
51,545	40,660	26,387	23,465	21,768	22,660	27,935	24,996	26,131	32,945	40,558
Cash paid during the year for - Taxes
16,727	16,949	31,011	24,665	22,672	10,764	14,844	15,809	11,003	19,048	28,117
Non-cash investing and financing activities:
Fair value for non-cash assets other than goodwill acquired in purchase acquisitions
-	-	-	-	-	-	-	1,361,790	64	0	0
Fair value of liabilities assumed in purchase acquisitions
-	-	-	-	-	-	-	1,331,196	31	0	0
Fair value of shares issued for acquisitions
-	-	-	-	-	-	-	82,198	2,535	0	0
Goodwill related to acquisitions
-	-	-	-	-	-	-	48,407	2,309	0	0
Transfer of loans to other real estate owned
803	518	2,886	1,179	1,276	5,591	5,971	1,485	872	1,190	299
Transfer of securities from held-to-maturity to available-for-sale
138,206	0	0	-	-	-	-	-	-	-	-