Tompkins Financial Corp TMP Cash Flow

Tompkins financial corp (TMP)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent
7,949	21,080	20,206	19,392	21,040	18,911	20,902	22,059	20,436	2,457	17,395	16,925	15,717	15,118	15,138	14,833	14,251	13,854	14,497	17,390	12,680	12,689	13,722	13,061	12,569	14,291	14,049	11,006	11,510	11,161	3,484	8,829	7,811	9,386	7,860	9,400	8,773
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit loss expense
16,294	-1,000	1,320	601	445	2,058	272	1,045	567	2,014	402	976	769	1,706	782	978	855	1,533	281	922	209	1,555	-59	67	743	585	2,049	2,489	1,038	5,659	1,042	1,011	1,125	1,160	4,870	1,005	1,910
Other Depreciation and Amortization
2,554	2,549	2,549	2,466	2,480	2,617	2,319	2,145	2,473	2,603	2,025	1,854	1,787	1,780	1,693	1,671	1,685	1,634	1,625	1,641	1,568	1,507	1,431	1,388	1,384	1,422	1,394	1,445	1,445	1,516	1,394	1,207	1,209	1,205	1,178	1,201	1,174
Amortization of intangible assets
374	449	421	418	412	466	440	443	451	441	481	485	493	518	524	521	527	510	496	500	507	525	518	525	527	549	544	547	557	580	427	124	133	136	137	146	170
Bank Owned Life Insurance Income
324	552	425	544	643	299	499	503	517	552	456	558	630	491	488	511	616	421	474	555	614	452	456	473	502	539	444	486	552	469	429	391	426	386	357	1,172	-411
Net amortization on securities
-1,937	-2,010	-1,846	-1,793	-1,786	-2,041	-2,232	-2,172	-2,371	-2,599	-2,651	-2,451	-2,782	-3,409	-2,913	-2,720	-2,581	-2,896	-3,176	-3,091	-2,744	-2,859	-2,644	-2,636	-2,544	-2,593	-3,127	-3,699	-3,898	-3,698	-3,480	-2,435	-2,700	-2,930	-2,401	-6,013	1,968
Amortization/accretion related to purchase accounting
372	357	431	291	369	345	312	319	972	918	454	859	747	1,004	975	572	773	1,105	7,382	-1,444	-1,590	14,525	-2,411	-1,778	-1,958	-4,940	-2,702	-6,885	2,375	-	-	-	-	-	-	-	-
Mark-to-market loss on trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-76	-60	-46	-89	-69	-74	-63	-88	-88	-34	-59	-66	-87	-270	-115	-134	-41	-75	-82	-108	55	65	50
Mark-to-market Gain On Liabilities Held At Fair Value
-	-	-	-	-	-	-	-	-	-	-	-	-	0	78	92	57	159	81	104	41	71	132	63	65	12	119	347	77	108	-28	78	88	24	-461	-201	174
Net gain on securities transactions
443	211	138	284	12	-756	16	398	-124	16	-423	0	0	0	454	240	232	3	92	723	290	240	22	35	94	-124	281	75	367	-498	-113	933	2	15	286	190	-95
Net gain on sale of loans originated for sale
176	88	25	20	94	163	207	67	21	11	16	10	13	38	22	12	23	33	11	6	4	17	124	171	50	-345	115	68	29	306	329	150	100	118	78	464	-164
Proceeds from sale of loans originated for sale
4,260	5,590	1,792	1,154	8,586	12,610	13,566	1,179	840	2,352	1,771	425	53	1,983	525	670	823	1,880	733	338	331	1,256	10,592	5,838	2,577	6,407	5,216	1,140	720	12,778	14,499	6,880	4,281	6,347	4,795	5,697	10,235
Loans originated for sale
4,514	5,046	2,167	1,735	6,059	13,181	15,094	1,052	824	2,422	1,954	415	40	1,699	749	611	301	1,990	734	624	426	1,239	9,255	6,547	2,555	5,113	6,218	1,464	589	12,549	13,830	6,011	5,072	5,805	5,297	5,258	9,138
Net (gain) loss on sale of bank premises and equipment
3	-12	117	0	-7	0	-11	2,951	6	11	-3	16	6	11	2	-8	-12	13	-25	1	0	-4	13	0	-15	-198	-6	-1	14	-53	-8	0	6	0	2	6	0
Net excess tax benefit from stock based compensation
-118	-370	-89	-346	-139	-184	-211	-229	-56	-1,336	0	0	-299	-826	-274	-263	-70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
1,180	1,226	997	1,027	985	966	815	841	855	836	715	699	706	555	600	619	496	493	457	567	386	425	384	355	342	422	393	260	307	335	287	311	377	263	367	308	323
Decrease (increase) in accrued interest receivable
1,286	2,117	796	1,784	-3,068	2,189	-2,527	272	-734	350	-2,096	440	-1,425	-30	-1,008	1,132	-1,051	1,005	-1,415	834	-339	362	-51	-90	-153	1,738	-657	305	-457	-97	-619	-15	-52	-32	-50	-169	-198
Decrease in accrued interest payable
242	-192	242	-402	274	-243	107	-311	92	-123	-64	-111	146	-40	-62	79	94	-21	31	-42	-73	345	283	-443	68	1,872	-443	-879	395	-1,259	1,270	-507	618	-297	599	776	-171
Proceeds from maturities, calls and principal paydowns of trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,315	-695	375	320	388	444	449	430	468	3,065	666	694	779	512	746	738	5,774	-712	-2,760	942
Proceeds from sales of trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,000	0	0	-5,000	-	-	-	-
Contribution to pension plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5,500	-2,750
Proceeds from maturities and payments of trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	296	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
5,735	3,981	-1,729	-3,062	8,923	-8,297	-5,412	4,379	5,862	-5,069	5,137	-3,701	4,690	-1,627	-906	-462	902	1,611	-3,969	-4,653	-2,620	2,486	-6,549	-8,014	5,069	9,374	-8,305	-10,685	-1,251	-10,974	9,262	-4,569	1,340	-2,176	-5,977	-6,428	1,805
Net Cash Provided by Operating Activities
24,143	27,406	28,200	29,571	16,438	39,675	27,418	21,027	19,145	30,880	14,067	26,209	14,909	26,148	25,059	22,060	17,593	22,131	21,507	20,967	18,197	19,842	23,566	23,513	10,676	6,091	26,732	29,453	21,430	37,212	-369	19,181	5,752	18,497	22,034	17,211	14,249
INVESTING ACTIVITIES
Proceeds from maturities, calls and principal paydowns of available-for-sale debt securities
156,834	70,186	76,180	105,203	51,409	45,833	35,879	33,730	35,611	40,864	48,669	38,600	38,492	56,319	70,557	54,179	63,401	68,785	55,122	58,761	67,132	61,925	36,149	47,065	73,943	53,902	50,309	68,793	77,907	70,614	72,917	73,808	89,456	110,871	85,615	63,698	125,415
Proceeds from sales of available-for-sale debt securities
42,584	56,349	24,193	152,056	0	9,764	4,964	10,039	45,885	40,278	23,828	0	0	13,026	25,075	24,135	35,060	21,794	21,276	78,267	16,257	42,546	9,317	14,425	24,263	16,418	22,924	51,232	25,222	37,426	87,875	92,670	0	-261	25,908	0	34,019
Proceeds from maturities, calls and principal paydowns of held-to-maturity securities
0	383	3,459	1,925	3,821	938	3,153	1,191	1,447	1,442	2,931	2,468	1,227	3,365	3,270	3,415	1,726	1,142	2,838	5,807	1,922	1,232	3,076	6,312	937	1,517	3,181	7,184	1,433	4,328	5,413	3,865	1,043	4,935	4,711	23,242	5,426
Purchases of available-for-sale debt securities
226,103	143,211	51,201	90,446	48,293	61,695	17,648	23,868	82,256	80,384	55,699	35,250	37,169	162,537	62,731	53,247	126,013	105,491	76,080	84,639	124,906	128,860	50,450	52,526	116,719	82,106	1,363	68,627	246,715	40,357	70,714	104,049	189,958	179,042	102,895	90,521	169,518
Purchases of held-to-maturity securities
0	0	1,658	2,946	2,985	382	5,076	1,573	1,461	788	3,003	1,015	750	930	3,037	3,480	760	1,008	3,495	54,554	10,890	41,836	19,750	18,453	778	725	2,782	4,053	676	888	5,797	4,666	692	4,239	2,318	2,889	556
Net (increase) decrease in loans
20,879	61,187	1,391	65,428	-38,424	30,247	9,700	86,234	35,579	181,031	70,992	120,146	39,601	168,055	110,629	157,043	49,340	137,631	111,061	93,513	33,000	134,594	27,598	23,391	9,427	73,054	64,111	60,313	42,682	32,431	22,348	43,925	-3,401	32,120	35,655	7,354	6,626
Proceeds from redemption/sale of Federal Home Loan Bank and other stock
34,088	-	-	-	35,293	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of Federal Home Loan Bank and other stock
24,605	-	-	-	28,119	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in Federal Home Loan Bank stock
-	-	-	-	-	3,806	-10,314	11,750	-3,478	10,188	-5,404	10,701	-8,120	8,887	-2,215	10,734	-4,242	6,407	-3,566	6,093	-224	6,421	-6,190	2,788	-6,801	2,991	-4,084	6,393	258	-1,217	-743	232	-2,610	2,164	-1,894	1,225	-4,410
Proceeds from sale of bank premises and equipment
4	-1	409	0	40	43	17	3,240	17	72	50	16	19	28	19	31	22	14	15	58	0	26	86	28	58	14	32	12	72	17	24	0	18	0	2	17	29
Purchases of bank premises, equipment and software
909	1,965	1,325	1,083	1,641	3,704	3,472	3,781	7,127	12,082	8,073	7,738	7,397	8,225	3,564	3,003	1,482	1,722	2,097	1,302	1,222	1,595	2,058	3,275	2,112	1,734	2,019	1,174	1,618	2,049	2,608	940	1,473	703	1,202	877	528
Purchased of corporate owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,500	712	1,500	0	0	-	-	-	-	-	-	-	-
Net cash used in acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	218	-	0	0	0	-	-	-	-	0	0	0	0	0	-5,327	283	755	0	0	243	0
Other, net
-548	-322	-3,666	-1,221	0	-	-	-	-	-1,472	-617	1,224	-1,711	4	-123	-789	789	1,303	-184	-71	-259	-26	0	-596	210	-1,245	-86	5,740	-2,237	600	0	198	550	-354	54	1	671
Net Cash Provided by (Used in) Investing Activities
-38,438	-86,568	68,221	104,384	47,949	-43,172	18,431	-78,874	-39,985	-200,345	-56,268	-134,990	-35,348	-275,682	-78,702	-144,958	-74,151	-161,827	-109,732	-97,137	-84,224	-207,551	-45,243	-32,217	-25,744	-83,066	8,841	-19,079	-185,078	37,277	70,832	16,050	-96,900	-103,869	-23,994	-16,153	-8,600
FINANCING ACTIVITIES
Net increase in demand, money market, and savings deposits
162,523	-130,639	364,611	-24,278	76,549	-133,316	227,756	-87,079	154,746	-68,085	233,854	-51,201	220,639	-58,522	226,472	-81,685	127,913	-19,478	261,907	-68,047	94,718	-10,991	139,325	-63,547	124,772	14,931	91,448	-118,866	117,715	-5,533	103,964	-43,786	157,086	284	116,013	-11,851	114,753
Net increase in time deposits
34,141	-26,240	16,749	23,385	24,697	-2,661	5,244	-50,419	-61,896	-37,792	-40,370	-48,389	5,092	-6,337	-5,547	-3,507	32,337	-21,881	-28,575	-10,264	19,280	-32,325	29,501	3,364	33,703	-36,172	-31,602	-40,576	4,468	-81,942	-16,648	-50,557	41,786	-15,394	-12,347	-28,658	1,891
Net increase (decrease) in Federal funds purchased and securities sold under agreements to repurchase
8,647	9,805	-13,437	-2,940	-14,924	28,967	833	-17,089	-6,046	1,303	23,514	-20,356	1,654	-8,142	-19,646	-19,663	-19,828	1,847	4,161	-4,423	-10,985	18,952	-16,145	-13,715	-8,647	6,739	-9,381	-22,593	-19,882	6,977	-74,356	-7,794	366	-2,853	-6,602	-3,464	-1,600
Increase in other borrowings
74,583	274,100	120,002	118,999	13,752	108,560	1	297,599	118,332	282,169	69,999	353,750	45,000	224,700	136,000	284,777	115,524	166,799	8,610	203,400	73,950	190,103	9,400	98,305	42,140	115,300	0	144,795	49,879	0	20,000	0	0	53,100	0	32,100	13,780
Redemption of trust preferred debentures
-	-	-	-	-	-	-	-	-	0	0	0	21,161	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of other borrowings
274,700	45,000	515,563	217,865	166,400	21,000	241,442	62,717	195,000	45,000	187,461	119,000	212,530	10,886	164,948	40,001	196,410	29,300	102,909	40,821	99,600	0	129,916	25,700	158,990	25,935	56,801	2,000	5,000	13,505	16,501	10,872	53,103	5,002	35,103	12	117,445
Net shares issued related to restricted stock awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-285	-1	0	-43	-152	0	0	-51	-10	125	108	-68	0	0	-	-	-	-	-	0	0	1,053
Cash dividends
7,789	7,768	7,554	7,658	7,657	7,636	7,334	7,336	7,328	7,146	6,836	6,830	6,815	6,778	6,619	6,612	6,594	6,584	6,277	6,289	6,261	6,202	5,942	5,934	5,905	5,889	5,567	5,535	5,472	5,460	5,156	4,400	4,005	4,004	3,985	3,725	3,706
Repurchase of common stock
5,620	2,875	14,708	12,284	0	1,242	0	1	1,205	0	0	0	0	0	0	0	1,166	226	1,838	1,441	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares issued for dividend reinvestment plan
-	-	-	-	-	-	-	-	-	0	825	969	1,078	964	1,234	1,003	0	-	-	-	-	0	0	891	1,295	1,037	1,068	971	970	997	3	226	710	-	-	-	-
Shares issued for employee stock ownership plan
-	-	-	-	-	0	0	0	3,073	0	0	0	2,296	0	0	0	1,938	0	0	0	1,595	0	0	0	1,528	0	0	0	717	0	0	0	1,037	-1,382	1,177	736	522
Net proceeds from exercise of stock options
-209	-176	-106	-491	-219	-39	-287	-177	-37	-360	39	-24	-296	-682	32	-258	102	-87	43	306	1,120	879	75	153	405	1,044	2,451	772	416	78	1,046	404	966	29	97	171	569
Tax benefit from stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	44	136	-	10	17	57	116	107	48	60	183	72	32	55	23	0	10	-17
Net Cash (Used in) Provided by Financing Activities
-8,424	69,717	-50,007	-123,516	-74,202	-29,276	-15,360	72,418	4,639	124,356	93,438	108,484	34,957	133,902	166,844	133,769	53,815	90,860	135,179	72,313	73,953	158,662	23,375	-6,176	30,483	71,279	-13,536	-42,984	143,871	-98,225	12,424	-78,769	144,898	26,170	59,250	-14,693	9,800
Net Decrease in Cash and Cash Equivalents
-22,719	10,555	46,414	10,439	-9,815	-32,773	30,489	14,571	-16,201	-45,109	51,237	-297	14,518	-115,632	113,201	10,871	-2,743	-48,836	46,954	-3,857	7,926	-29,047	1,698	-14,880	15,415	-5,696	22,037	-32,610	-19,777	-23,736	82,887	-43,538	53,750	-59,202	57,290	-13,635	15,449
Supplemental Cash Flow Information
Cash paid during the year for - Interest
10,694	11,341	13,069	13,567	13,568	11,992	11,074	9,294	8,300	7,195	6,970	6,204	6,018	5,824	6,114	5,834	5,693	5,515	5,523	5,417	5,313	4,627	5,689	6,332	6,012	6,401	8,997	5,829	6,708	7,016	6,795	5,446	5,739	5,946	6,471	6,771	6,943
Cash paid during the year for - Taxes
1,214	5,486	4,133	7,054	54	1,986	612	14,289	62	17,210	0	13,712	89	6,919	5,431	9,900	2,415	7,570	6,878	8,041	183	7,506	2,821	154	283	8,561	5,586	621	76	2,495	4,685	4,377	4,252	2,880	4,379	3,687	57
Non-cash investing and financing activities:
Fair value for non-cash assets other than goodwill acquired in purchase acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of liabilities assumed in purchase acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill related to acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of shares issued for acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of loans to other real estate owned
104	29	139	635	0	-	-	-	-	193	0	173	2,520	0	731	276	172	230	859	0	187	894	630	2,796	1,271	1,564	2,613	1,244	550	993	-822	722	592	415	-81	0	538