ITHACA, NY - Tompkins Financial Corporation (TMP-NYSE Amex) Tompkins Financial Corporation, parent company of Tompkins Trust Company, The Bank of Castile, Mahopac National Bank, Tompkins Insurance Agencies, and AM&M Financial Services, has again been named to the Sandler O'Neill Sm-All Stars list of the top performing publicly-traded small-cap banks and thrifts in the nation. Of the 509 banks and thrifts with a market cap of less than $2 billion, Tompkins Financial was one of only 30 selected for the 2009 Sm-All Stars list. Selection for the Sandler O'Neill list is based on growth, profitability, credit quality, and capital strength.
According to Sandler O'Neill + Partners, a highly respected industry analyst, the performance metrics of the 30 banks selected for the 2009 Sm-All Stars list are outstanding, delivering bottom line results that are better than the industry as a whole. The Sandler O'Neill 2009 Sm-All Stars publication states: "The objective of the Sm-All Stars list remains unchanged-to identify the top performing small-cap banks and thrifts in the nation. By identifying this group, we hope to provide investors with a narrow list from which to uncover the next crop of leading mid-cap banks and thrifts and, most importantly, expose them before they are discovered by the rest of the world."
Tompkins Financial President and CEO, Stephen S. Romaine said: "We're pleased to be named to this elite list of high performing small-cap banks and thrifts. At a time when many financial institutions are experiencing disappointing performance, it is gratifying that the Tompkins Financial strategy continues to deliver best-in-class financial results. We believe our company's performance reflects our commitment to deliver long-term value to our customers, our communities, and our shareholders, through local focus and leadership."
Tompkins Financial Corporation is a financial services company headquartered in Ithaca, New York, and has $3.0 billion in total assets.
"Safe Harbor" Statement under the Private Securities Litigation Reform of 1995:
This press release may include forward-looking statements with respect to revenue sources, growth, market risk, and corporate objectives. The Company assumes no duty, and specifically disclaims any obligation, to update forward-looking statements, and cautions that these statements are subject to numerous assumptions, risk, and uncertainties, all of which could change over time. Actual results could differ materially from forward-looking statements.