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Tompkins Trust Company, Financial Information

AboutTompkins Trust Company

 Address:
118 E. Seneca Street
Ithaca,NY
Tompkins County,New York
 Established:
Jan 1934
 Number of domestic offices:
14
Total assets$2,376M
Net income$33M
Net income,quarterly$10M
Total deposits$2,027M
Domestic deposits$2,027M
Equity capital$164M
ROA1.47%
ROAQ,quarterly1.62%
ROA,pretax1.62%
ROAQ,quarterly,pretax2.06%
ROE20.48%
ROEQ,quarterly23.23%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Founded in 1836, Tompkins Trust Company is a full-service, locally-managed community bank with 15 branches serving the Tompkins County area, Auburn and Cortland in Central New York. Tompkins Trust is the founding company of Tompkins Financial Corporation, a $4.9 billion financial services holding company headquartered in Ithaca.

Tompkins Trust did not participate in subprime lending nor in any subprime-related investments. Tompkins Trust Company did not take funds from the government’s TARP program and the bank remains strong and well capitalized. Tompkins Trust Company was again recognized by Bauer Financial, an independent ratings firm, as among the nation's strongest banks. The bank remains on its 4-Star Recommended (Excellent) list in 2013.

Tompkins Financial Corporation retains its long-term focus:
Profitable for 59 consecutive years
Increased revenue for 56 consecutive years
Paid cash dividends for more than 80 consecutive years
Increased cash dividends for 24 consecutive years

Historical Data