On February 9, 2011, Tompkins, as borrower, entered into a $20 million revolving line of credit facility (the “Credit Facility”) with NBT Bank, N.A. (“NBT”) as lender. Borrowings under the Credit Facility are tied to Prime Rate and are subject to a floor. Accrued interest on the Credit Facility is due and payable monthly. Any principal outstanding will be due and payable on the February 9, 2013 expiration date of the Credit Facility. The Credit Facility contains no prepayment penalties.

Simultaneously with its execution of the Credit Facility agreement, Tompkins simultaneously drew down $13.8 million of its available $20 million line of credit under the Credit Facility (the “Draw”).

The Credit Facility contains customary representations and warranties and affirmative and negative covenants. The Credit Facility contains customary events of default for credit facilities of this type, including (without limitation): nonpayment of principal, interest, fees or other amounts after a stated grace period; inaccuracy of material representations and warranties; violations of covenants, subject in certain cases to stated cure periods; and certain insolvency, bankruptcies and liquidations. If an event of default occurs and is continuing, Tompkins may be required to repay all amounts outstanding under the Credit Facility.

The disclosures made in this Current Report on Form 8-K are furnished and shall not be deemed “filed” with the SEC for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that Section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent Tompkins specifically incorporates it by reference.