Business in the Burbs

Tompkins Financial reports higher 2Q earnings

July

Tompkins Financial Corp. reported net income of $7.4 million for the second quarter, up from $7.1 million a year earlier. Earnings per share totaled 76 cents, up from 73 cents a year earlier.

Total loans were $1.8 billion as of June 30, up 11.4 percent from a year earlier. Nonperforming assets accounted for 0.87 percent of total assets, compared to 0.47 percent a year earlier. The Ithaca-based company is the owner of Mahopac National Bank and Tompkins Trustco.

This entry was posted on Wednesday, July 22nd, 2009 at 2:58 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Earnings

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