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Tompkins Financial Corporation Reports Record First Quarter Earnings

Apr292016

Tompkins Financial Corporation Reports Record First Quarter Earnings

 

tompkinsfinancial 120Tompkins Financial Corporation (NYSEMKT:TMP) Tompkins Financial Corporation reported net income of $14.2 million for the first quarter of 2016, an increase of 11.8% from the $12.7 million reported for the same period in 2015.  Diluted earnings per share were $0.94 for the first quarter of 2016, an 11.9% increase from $0.84 reported for the first quarter of 2015.

President and CEO, Stephen S. Romaine said "We are excited to start off the new year with the best first quarter earnings results in our history.  Solid loan growth, coupled with a stabilizing net interest margin, have been key drivers of growth over the prior year.  At the same time, we have seen continued improvement in credit quality trends, with nonperforming assets improved from already low levels."

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Avoid Door-To-Door Paving Scams

Apr292016

Avoid Door-To-Door Paving Scams

 

driveway 2Buffalo, NY -- Every spring, people's thoughts turn to outdoor projects, including concrete and paving. Since March 1, Better Business Bureau of Upstate New York received over 6,300 inquiries from the public about paving contractors.

A check of BBB's Scam Tracker shows that paving scams are being reported across the country. Most of the reports start the same way, with someone coming to the front door and saying, "we were doing a job down the street and had leftover material, do you want us to do your driveway, too?" And, many people report a loss of money, some upwards of $1,000.

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