Tompkins Financial Corp

Live  

Tompkins Financial Corporation is a financial services company that provides banking, wealth management, and insurance services to individuals and businesses in the Northeastern United States. It was founded in 1836 and is headquartered in Ithaca, New York. The company operates under four main subsidiaries: Tompkins Trust Company, Tompkins VIST Bank, Tompkins Mahopac Bank, and Tompkins Financial Advisors.
Tompkins Trust Company is a full-service community bank offering personal and business banking services, including checking and savings accounts, loans, and mortgages.
Tompkins VIST Bank is a commercial bank that provides banking solutions for businesses, including loans, lines of credit, and cash management services.
Tompkins Mahopac Bank offers personalized banking, lending, and financial planning services to individuals and businesses in the Westchester and Putnam County areas of New York.
Tompkins Financial Advisors is a wealth management firm that provides investment management, financial planning, and retirement planning services to individuals and businesses.
In addition to these services, Tompkins Financial Corporation also offers insurance services through Tompkins Insurance Agencies, Inc.
The company has a strong commitment to its local communities and has a reputation for being a responsible corporate citizen, supporting numerous non-profit organizations and community initiatives.
Tompkins Financial Corporation is publicly traded on the New York Stock Exchange under the ticker symbol TMP. As of 2021, the company has over $9.7 billion in assets and employs over 1,300 people.

Tompkins Financial Corp is a company that works in the banking and finance business. Think of it like a big bank that helps people and businesses take care of their money. They offer services like savings and checking accounts, loans for buying cars or houses, and even help businesses with their money management.
Now, how does Tompkins make money? They make money in a few ways. First, when people save their money in the bank, the bank pays them a small interest for keeping their money there. But Tompkins can also lend that money to other people or businesses and charge them a higher interest rate. The difference between these rates is called the spread, and that’s one way they earn money. They also earn money from fees for different services, like using their ATMs or getting advice on investments.
Tompkins is successful because they focus on building strong relationships with their customers and providing good services. They care about people, and this makes customers trust them and want to use their services. In the future, they can keep being successful by adapting to new technology, creating user-friendly apps and online banking options, and helping with new financial needs as people’s lives and businesses change.
Overall, Tompkins Financial Corp does well because it helps people with their money in a reliable way, and as long as they keep doing that, they are likely to stay successful.

MS4gTG9uZy BoaXN0b3J5 OiBUb21wa2 lucyBGaW5h bmNpYWwgQ2 9ycC4gd2Fz IGZvdW5kZW QgaW4gMTgy NSwgbWFraW 5nIGl0IG9u ZSBvZiB0aG Ugb2xkZXN0 IGZpbmFuY2 lhbCBpbnN0 aXR1dGlvbn MgaW4gdGhl IFVuaXRlZC BTdGF0ZXMu IFRoaXMgbG 9uZyBoaXN0 b3J5IHNwZW FrcyB0byB0 aGUgY29tcG FueSdzIHN0 YWJpbGl0eS BhbmQgc3Vj Y2Vzcy48Yn I+Mi4gRXhw YW5zaXZlIH JlYWNoOiBU aGUgY29tcG FueSBoYXMg YSB3aWRlc3 ByZWFkIG5l dHdvcmsgb2 YgbG9jYXRp b25zLCB3aX RoIG92ZXIg NjUgb2ZmaW NlcyBhY3Jv c3MgTmV3IF lvcmsgYW5k IFBlbm5zeW x2YW5pYS4g VGhpcyBhbG xvd3MgdGhl bSB0byBzZX J2ZSBhIGxh cmdlIGN1c3 RvbWVyIGJh c2UgYW5kIH JlYWNoIG5l dyBtYXJrZX RzLjxicj4z LiBTdHJvbm cgY29tbXVu aXR5IGludm 9sdmVtZW50 OiBPbmUgb2 YgdGhlIGNv bXBhbnkncy Bjb3JlIHZh bHVlcyBpcy BnaXZpbmcg YmFjayB0by B0aGUgY29t bXVuaXRpZX MgdGhleSBz ZXJ2ZS4gVG hleSBzdXBw b3J0IHZhcm lvdXMgb3Jn YW5pemF0aW 9ucyBhbmQg Y2hhcml0aW VzIHRocm91 Z2ggdm9sdW 50ZWVyaXNt LCBkb25hdG lvbnMsIGFu ZCBwYXJ0bm Vyc2hpcHMu PGJyPjQuIE RpdmVyc2lm aWVkIHNlcn ZpY2VzOiBU b21wa2lucy BGaW5hbmNp YWwgQ29ycC 4gb2ZmZXJz IGEgcmFuZ2 Ugb2YgZmlu YW5jaWFsIH NlcnZpY2Vz LCBpbmNsdW RpbmcgYmFu a2luZywgaW 52ZXN0bWVu dCwgYW5kIG luc3VyYW5j ZSwgbWFraW 5nIGl0IGEg b25lLXN0b3 Atc2hvcCBm b3IgY3VzdG 9tZXJzLjxi cj41LiBTdH JvbmcgZmlu YW5jaWFsIH BlcmZvcm1h bmNlOiBUaG UgY29tcGFu eSBoYXMgYS Bzb2xpZCBm aW5hbmNpYW wgdHJhY2sg cmVjb3JkLC B3aXRoIGNv bnNpc3Rlbn QgZ3Jvd3Ro IGluIGVhcm 5pbmdzIGFu ZCBhc3NldH MuIFRoZXkg aGF2ZSBhbH NvIG1haW50 YWluZWQgYS BzdHJvbmcg YmFsYW5jZS BzaGVldCB0 aHJvdWdoIH ZhcmlvdXMg ZWNvbm9taW MgY3ljbGVz Ljxicj42Li BFbXBsb3ll ZS1jZW50cm ljIGN1bHR1 cmU6IFRvbX BraW5zIEZp bmFuY2lhbC BDb3JwLiBw cmlvcml0aX plcyBlbXBs b3llZSBzYX Rpc2ZhY3Rp b24gYW5kIH JldGVudGlv bi4gVGhpcy BpcyByZWZs ZWN0ZWQgaW 4gdGhlaXIg Y29tcGV0aX RpdmUgYmVu ZWZpdHMgcG Fja2FnZSBh bmQgcmVjb2 duaXRpb24g Zm9yIHRoZW lyIGVtcGxv eWVlc+KAmS BhY2hpZXZl bWVudHMuPG JyPjcuIENv bW1pdG1lbn QgdG8gc3Vz dGFpbmFiaW xpdHk6IFRo ZSBjb21wYW 55IGlzIGRl ZGljYXRlZC B0byByZWR1 Y2luZyBpdH MgZW52aXJv bm1lbnRhbC BpbXBhY3Qg YW5kIGhhcy BpbXBsZW1l bnRlZCB2YX Jpb3VzIHN1 c3RhaW5hYm lsaXR5IGlu aXRpYXRpdm VzIHN1Y2gg YXMgZW5lcm d5LWVmZmlj aWVudCBidW lsZGluZ3Mg YW5kIHBhcG VybGVzcyBi YW5raW5nIG 9wdGlvbnMu PGJyPjguIF N0cm9uZyBl dGhpY2FsIH N0YW5kYXJk czogVG9tcG tpbnMgRmlu YW5jaWFsIE NvcnAuIGhh cyBhIHN0cm ljdCBjb2Rl IG9mIGV0aG ljcyBhbmQg dmFsdWVzIG ludGVncml0 eSwgdHJhbn NwYXJlbmN5 LCBhbmQgaG 9uZXN0eSBp biBhbGwgaX RzIGJ1c2lu ZXNzIGRlYW xpbmdzLjxi cj45LiBDdX N0b21lci1m b2N1c2VkIG FwcHJvYWNo OiBUaGUgY2 9tcGFueSBw bGFjZXMgYS BoaWdoIGVt cGhhc2lzIG 9uIHByb3Zp ZGluZyBleG NlbGxlbnQg Y3VzdG9tZX Igc2Vydmlj ZS4gVGhleS BoYXZlIGEg d2VsbC10cm FpbmVkIGFu ZCBrbm93bG VkZ2VhYmxl IHN0YWZmIH dobyBzdHJp dmUgdG8gbW VldCB0aGVp ciBjdXN0b2 1lcnMnIG5l ZWRzIGFuZC BleGNlZWQg dGhlaXIgZX hwZWN0YXRp b25zLjxicj 4xMC4gQXdh cmQtd2lubm luZyBjb21w YW55OiBUb2 1wa2lucyBG aW5hbmNpYW wgQ29ycC4g aGFzIHJlY2 VpdmVkIG51 bWVyb3VzIG F3YXJkcyBh bmQgcmVjb2 duaXRpb24g Zm9yIGl0cy BmaW5hbmNp YWwgcGVyZm 9ybWFuY2Us IGNvbW11bm l0eSBpbnZv bHZlbWVudC wgYW5kIHdv cmtwbGFjZS BjdWx0dXJl LCBtYWtpbm cgaXQgc3Rh bmQgb3V0IG luIHRoZSBp bmR1c3RyeS 4=

VGhlIFRvbX BraW5zIEZp bmFuY2lhbC BDb3JwLiBj b21wYW55J3 MgYnVzaW5l c3MgbW9kZW wgaXMgYmFz ZWQgb24gcH JvdmlkaW5n IGZpbmFuY2 lhbCBzZXJ2 aWNlcyB0by BpbmRpdmlk dWFscywgYn VzaW5lc3Nl cywgYW5kIG 9yZ2FuaXph dGlvbnMuIF RoaXMgaW5j bHVkZXMgdH JhZGl0aW9u YWwgYmFua2 luZyBzZXJ2 aWNlcyBzdW NoIGFzIGRl cG9zaXQgYW Njb3VudHMs IGxvYW5zLC BhbmQgd2Vh bHRoIG1hbm FnZW1lbnQs IGFzIHdlbG wgYXMgaW5z dXJhbmNlLC BpbnZlc3Rt ZW50LCBhbm QgZmluYW5j aWFsIHBsYW 5uaW5nIHNl cnZpY2VzLi BUaGUgY29t cGFueSBvcG VyYXRlcyB0 aHJvdWdoIG l0cyBzdWJz aWRpYXJpZX MgaW5jbHVk aW5nIFRvbX BraW5zIFRy dXN0IENvbX BhbnksIFRv bXBraW5zIE Jhbmsgb2Yg Q2FzdGlsZS wgVG9tcGtp bnMgVklTVC BCYW5rLCBU b21wa2lucy BJbnN1cmFu Y2UgQWdlbm NpZXMsIElu Yy4sIGFuZC BUb21wa2lu cyBGaW5hbm NpYWwgQWR2 aXNvcnMuIE l0cyBidXNp bmVzcyBtb2 RlbCBlbXBo YXNpemVzIG N1c3RvbWVy IHNlcnZpY2 UsIGNvbW11 bml0eSBpbn ZvbHZlbWVu dCwgYW5kIG xvbmctdGVy bSByZWxhdG lvbnNoaXBz IHdpdGggaX RzIGNsaWVu dHMuIEl0IG Fsc28gZm9j dXNlcyBvbi ByZXNwb25z aWJsZSBhbm Qgc3VzdGFp bmFibGUgZ3 Jvd3RoIGFu ZCBwcm9maX RhYmlsaXR5 IGZvciBpdH Mgc2hhcmVo b2xkZXJzLg ==

AI does have the potential to pose threats to Tompkins Financial Corp’s products, services, or competitive positioning in several ways:
1. Substitution: AI-driven financial services, such as robo-advisors, can offer consumers alternative investment options that may be more cost-effective or accessible than traditional services provided by banks and financial institutions. If customers find these AI solutions to be more efficient or user-friendly, it could lead to a decline in demand for Tompkins Financial’s traditional services.
2. Disintermediation: Fintech companies utilizing AI technology can streamline financial processes and remove the need for traditional intermediaries. For example, peer-to-peer lending platforms enabled by AI can connect borrowers directly with lenders, bypassing traditional banks. This disintermediation could lead to reduced business for Tompkins Financial if it does not adapt to these emerging technologies.
3. Margin Pressure: The adoption of AI can increase competition as more players enter the financial services market with lower operational costs and more efficient services. With the potential for AI to reduce costs in areas like underwriting, compliance, and customer service, established institutions like Tompkins Financial may face pressure to lower their prices to remain competitive, which could impact profit margins.
Overall, while AI presents significant opportunities for innovation and efficiency, it also introduces risks that could affect Tompkins Financial Corp’s competitive positioning and overall market presence. The company will need to strategically invest in and integrate AI solutions to mitigate these threats.

The sensitivity of Tompkins Financial Corp’s earnings, cash flow, and valuation to changes in interest rates can be analyzed through several key factors:
1. Earnings Sensitivity: Tompkins Financial Corp, like most banks and financial institutions, typically experiences changes in earnings due to fluctuations in interest rates. When interest rates rise, the bank can often charge more for loans than it pays on deposits, potentially increasing net interest income. Conversely, if rates fall, the spread between loan and deposit rates may narrow, leading to decreased earnings. The extent of this sensitivity depends on the company’s asset-liability management strategies.
2. Cash Flow Sensitivity: Cash flow can also be impacted by interest rates. An increase in interest rates may lead to higher borrowing costs for customers, which could decrease loan demand and affect cash inflows. On the other hand, higher interest income from existing loans may boost cash flow, especially if the bank has a portfolio of fixed-rate loans that were originated at lower rates. The net effect depends on the balance of new loans issued versus existing loans maturing or revaluing in a higher rate environment.
3. Valuation Sensitivity: The valuation of Tompkins Financial Corp is typically influenced by interest rates due to their effect on profitability and growth projections. Higher interest rates may lead to a decline in the present value of future cash flows, potentially reducing the company’s stock valuation. Additionally, the cost of equity could rise, which impacts valuation multiples. On the contrary, a lower interest rate environment might boost valuations by enhancing profitability in the short term and encouraging investment in growth initiatives.
Overall, while Tompkins Financial Corp’s earnings, cash flow, and valuation are sensitive to interest rate changes, the specific impact will vary based on the company’s interest rate risk management strategies, the overall economic environment, and the prevailing competitive landscape in the financial sector.

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvRD NQeXRzRkRC Z2VDZm9ZMU xLR1Eud2Vi cCIgYWx0PS JUb21wa2lu cyBGaW5hbm NpYWwgQ29y cCIgdGl0bG U9IlRvbXBr aW5zIEZpbm FuY2lhbCBD b3JwIiAgY2 xhc3M9Imlt Zy1mbHVpZC IgaGVpZ2h0 PTkwIHdpZH RoPTkwIGxv YWRpbmc9J2 xhenknIHN0 eWxlPSdib3 JkZXItcmFk aXVzOiA2cH g7Jz4KCiAg ICAgICAgIC AgICAgICAg ICAgPGRpdi BzdHlsZT0n ZmxleDogMT sgdGV4dC1h bGlnbjogY2 VudGVyOyBt YXJnaW4tbG VmdDogNXB4 Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIDxw IHN0eWxlPS dmb250LXNp emU6IDI2cH g7IGNvbG9y OiAjMzMzOy BtYXJnaW4t Ym90dG9tOi AxNXB4Oyc+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICDw n5OIIFdhbn QgdG8gcmVh ZCBtb3JlIG Fib3V0IFRv bXBraW5zIE ZpbmFuY2lh bCBDb3JwPw ogICAgICAg ICAgICAgIC AgICAgICAg ICA8L3A+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1zaWdu dXAnIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICMw MDdCRkY7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBjb2 xvcjogI2Zm ZjsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHBhZGRpbm c6IDEwcHgg MjBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJvcm Rlci1yYWRp dXM6IDVweD sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIH RleHQtZGVj b3JhdGlvbj ogbm9uZTsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGZv bnQtd2VpZ2 h0OiBib2xk OwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luLX JpZ2h0OiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdHJhbn NpdGlvbjog YmFja2dyb3 VuZC1jb2xv ciAwLjNzIG Vhc2U7Jwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgb25t b3VzZW92ZX I9J3RoaXMu c3R5bGUuYm Fja2dyb3Vu ZENvbG9yPS IjMDA1NmIz IicKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIic+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBTaW duIHVwIGZv ciBmcmVlCi AgICAgICAg ICAgICAgIC AgICAgICAg IDwvYT4KCi AgICAgICAg ICAgICAgIC AgICAgICAg IDxzcGFuIH N0eWxlPSdt YXJnaW46ID AgOHB4OyBj b2xvcjogIz U1NTsnPm9y PC9zcGFuPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9bG9n aW4nIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGNvbG9y OiAjMDA3Qk ZGOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgdGV4dC1k ZWNvcmF0aW 9uOiB1bmRl cmxpbmU7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBmb2 50LXdlaWdo dDogNTAwOy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bsb2cgaW4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9hPgoK CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxwIHN0 eWxlPSdtYX JnaW4tdG9w OiAxNXB4Oy Bmb250LXNp emU6IDEzcH g7IGZvbnQt d2VpZ2h0Oi Bib2xkOyBj b2xvcjogI2 QzMmYyZjsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg 8J+SoSBMZW FybiBzbWFy dGVyIHN0b2 NrIHBpY2tz IHdpdGggPG k+IlRoZSBD aGVja2xpc3 QgVmFsdWUg SW52ZXN0b3 Ig4oCUIEEg U21hcnRlci BXYXkgdG8g UGljayBTdG 9ja3MiPC9p PgogICAgIC AgICAgICAg ICAgICAgIC AgICA8L3A+ CgogICAgIC AgICAgICAg ICAgICAgIC AgICA8IS0t CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxkaXYg c3R5bGU9J2 1hcmdpbi10 b3A6IDEycH g7IGZvbnQt c2l6ZTogMT NweDsgY29s b3I6ICM0ND Q7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIFNpZ24g dXAgbm93IG FuZCBnZXQg b3VyIGZyZW UgZUJvb2sg CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICA8 Yj5UaGUgQ2 hlY2tsaXN0 IFZhbHVlIE ludmVzdG9y IOKAlCBBIF NtYXJ0ZXIg V2F5IHRvIF BpY2sgU3Rv Y2tzPC9iPg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8L2Rpdj 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgLS0+Ci AgICAgICAg ICAgICAgIC AgICAgICAg IDwhLS0KIC AgICAgICAg ICAgICAgIC AgICAgICAg PGRpdiBzdH lsZT0nbWFy Z2luLXRvcD ogMTZweDsg Zm9udC1zaX plOiAxNHB4 OyBjb2xvcj ogIzQ0NDsg Zm9udC1mYW 1pbHk6IC1h cHBsZS1zeX N0ZW0sIEJs aW5rTWFjU3 lzdGVtRm9u dCwgU2Vnb2 UgVUksIFJv Ym90bywgSG VsdmV0aWNh IE5ldWUsIH NhbnMtc2Vy aWY7IGxpbm UtaGVpZ2h0 OiAxLjY7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIE hhdmUgeW91 IGhlYXJkIG Fib3V0IG91 ciBzaG9ydC A8c3Ryb25n IHN0eWxlPS dmb250LXdl aWdodDogNj AwOyc+RGFp bHkgVmlkZW 8gTmV3c2xl dHRlcjwvc3 Ryb25nPj8K ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIDxh IGhyZWY9J2 h0dHBzOi8v d3d3Lmluc2 lnaHRmdWx2 YWx1ZS5jb2 0vbmV3c2xl dHRlci5waH AnIHRhcmdl dD0nX2JsYW 5rJyBzdHls ZT0nY29sb3 I6ICMwMDdC RkY7IHRleH QtZGVjb3Jh dGlvbjogbm 9uZTsgZm9u dC13ZWlnaH Q6IDUwMDsg bWFyZ2luLW xlZnQ6IDZw eDsnPgogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIE ZpbmQgb3V0 IG1vcmUKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIDwvYT 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICAgICAg ICAgIC0tPg ogICAgICAg ICAgICAgIC AgICAgIDwv ZGl2PgogIC AgICAgICAg ICAgICAgPC 9kaXY+CiAg ICAgICAgIC AgIDwvZGl2 PgogICAgIC AgICAgICAK ICAgICAgIC AKICAgICAg ICA8c3Bhbi BjbGFzcz0n Ymx1cnJlZC 10ZXh0Jz4K ICAgICAgIC AgICAgTVM0 Z1ZHOXRjRy B0cGJuTWdS bWx1IFlXNW phV0ZzSUUg TnZjbkF1SU hkaCBjeUJt YjNWdVpHIF ZrSUdsdUlE RTQgTXpZZ1 lXNWtJRyBs eklHOXVaU0 J2IFppQjBh R1VnYjIgeG taWE4wSUda cCBibUZ1WT JsaGJDIEJw Ym5OMGFYUj EgZEdsdmJu TWdhVyA0Z2 RHaGxJRlZ1 IGFYUmxaQ0 JUZEcgRjBa WE11UEdKeS BQakl1SUZS b1pTIEJqYj Ixd1lXNTUg SUdseklHaG xZVyBSeGRX RnlkR1Z5IF pXUWdhVzRn U1ggUm9ZV0 5oTENCTyBa WGNnV1c5eW F5IEJoYm1R Z2IzQmwgY2 1GMFpYTWdh VyA0Z1ptbD JaU0J6IGRH RjBaWE02SU UgNWxkeUJa YjNKciBMQ0 JRWlc1dWMz IGxzZG1GdW FXRXMgSUZa bGNtMXZibi BRc0lFMWhj M05oIFkyaD FjMlYwZEgg TXNJR0Z1Wk NCTyBaWGNn U0dGdGNIIE 5vYVhKbExq eGkgY2o0ek xpQlViMiAx d2EybHVjeU JHIGFXNWhi bU5wWVcgd2 dRMjl5Y0M0 ZyBhWE1nWV NCamIyIDV6 YVhOMFpXNT AgYkhrZ2NI SnZabSBsMF lXSnNaU0Jq IGIyMXdZVz U1SUcgRnVa Q0JvWVhNZy BZbVZsYmlC d1lYIGxwYm 1jZ1pHbDIg YVdSbGJtUn pJSCBSdklH bDBjeUJ6IG FHRnlaV2h2 YkcgUmxjbk 1nWm05eSBJ RzkyWlhJZ0 1UIEF3SUhs bFlYSnogTG p4aWNqNDBM aSBCVWFHVW dZMjl0IGNH RnVlZUtBbV ggTWdjM1Zp YzJsayBhV0 Z5ZVNCaVlX IDVyY3lCaG NtVWcgWVcx dmJtY2dkRy BobElIUnZj QzF3IFpYSm 1iM0p0YVcg NW5JR052Yl cxMSBibWww ZVNCaVlXID VyY3lCcGJp QjAgYUdWcG NpQnlaWCBO d1pXTjBhWF psIElITjBZ WFJsY3kgND hZbkkrTlM0 ZyBWRzl0Y0 d0cGJuIE1n Um1sdVlXNW ogYVdGc0lF TnZjbiBBdU lHaGhjeUJo IElITjBjbT l1WnkgQmpi MjF0YVhSdC BaVzUwSUhS dklHIE52Yl cxMWJtbDAg ZVNCaVlXNX JhVyA1bklH RnVaQ0J6IG RYQndiM0ow Y3kgQnNiMk 5oYkNCaSBk WE5wYm1Wem MyIFZ6SUdG dVpDQmogYj IxdGRXNXBk SCBrZ2IzSm 5ZVzVwIGVt RjBhVzl1Y3 kgQjBhSEp2 ZFdkbyBJR1 J2Ym1GMGFX IDl1Y3l3Z2 MzQnYgYm5O dmNuTm9hWC BCekxDQmhi bVFnIGRtOX NkVzUwWlcg VnlhWE50TG p4aSBjajQy TGlCVWFHIF VnWTI5dGNH RnUgZWVLQW 1YTWdRMCBW UExDQlRkR1 Z3IGFHVnVJ Rk11SUYgSn ZiV0ZwYm1V cyBJR2hoY3 lCaVpXIFZ1 SUhkcGRHZ2 cgVkc5dGNH dHBibiBNZ1 JtbHVZVzVq IGFXRnNJRU 52Y24gQXVJ R1p2Y2lCdi BkbVZ5SURR d0lIIGxsWV hKeklHRnUg WkNCb1lYTW djRyB4aGVX VmtJR0VnIG JHVmhaR2x1 WnkgQnliMn hsSUdsdSBJ R2wwY3lCbm NtIDkzZEdn Z1lXNWsgSU hOMVkyTmxj MyBNdVBHSn lQamN1IElF bHVJR0ZrWk cgbDBhVzl1 SUhSdiBJSF J5WVdScGRH IGx2Ym1Gc0 lHSmggYm10 cGJtY2djMi BWeWRtbGpa WE1zIElGUn ZiWEJyYVcg NXpJRVpwYm 1GdSBZMmxo YkNCRGIzIE p3TGlCaGJI TnYgSUc5bV ptVnljeSBC cGJuTjFjbU Z1IFkyVXNJ SGRsWVcgeD BhQ0J0WVc1 aCBaMlZ0Wl c1MExDIEJo Ym1RZ2FXNT IgWlhOMGJX VnVkQyBCel pYSjJhV05s IGN5QjBhSE p2ZFcgZG9J R2wwY3lCei BkV0p6YVdS cFlYIEpwWl hNdVBHSnkg UGpndUlGUn ZiWCBCcmFX NXpJRVpwIG JtRnVZMmxo YkMgQkRiM0 p3TGlCcCBj eUJoSUhCMV ltIHhwWTJ4 NUlIUnkgWV dSbFpDQmpi MiAxd1lXNT VJR0Z1IFpD QnBjeUJzYV ggTjBaV1Fn YjI0ZyBkR2 hsSUU1bGR5 IEJaYjNKck lGTjAgYjJO cklFVjRZMi BoaGJtZGxJ SFZ1IFpHVn lJSFJvWlMg QnplVzFpYj J3ZyBWRTFR TGp4aWNqID Q1TGlCVWFH VWcgWTI5dG NHRnVlUyBC b1lYTWdjbV ZqIFpXbDJa V1FnYm4gVn RaWEp2ZFhN ZyBZWGRoY2 1SeklHIEZ1 WkNCeVpXTn YgWjI1cGRH bHZiaSBCbW IzSWdhWFJ6 IElHWnBibU Z1WTIgbGhi Q0J3WlhKbS BiM0p0WVc1 alpTIEJoYm 1RZ1kyOXQg YlhWdWFYUj VJRyBsdWRt OXNkbVZ0IF pXNTBMQ0Jw Ym0gTnNkV1 JwYm1jZyBZ bVZwYm1jZ2 JtIEZ0WldR Z2RHOGcgUm 05eVltVno0 byBDWklHeH BjM1FnIGIy WWdRVzFsY2 0gbGpZZUtB bVhNZyBRbV Z6ZENCQ1lX IDVyY3lCbW IzSWcgZEdo bElIQmhjMy BRZ2RHaHla V1VnIGVXVm hjbk11UEcg SnlQakV3TG lCRSBaWE53 YVhSbElHIG wwY3lCc2Iy NW4gSUdocG MzUnZjbiBr c0lGUnZiWE JyIGFXNXpJ RVpwYm0gRn VZMmxoYkNC RCBiM0p3TG lCamIyIDUw YVc1MVpYTW cgZEc4Z2FX NXViMyBaaG RHVWdZVzVr IElHRmtZWE IwSUggUnZJ R05vWVc1bi BhVzVuSUcx aGNtIHRsZE NCamIyNWsg YVhScGIyNX pMQyBCeVpX TmxiblJzIG VTQmxlSEJo Ym0gUnBibW NnYVhSeiBJ R1JwWjJsMF lXIHdnWW1G dWEybHUgWn lCallYQmhZ bSBsc2FYUn BaWE1nIGRH OGdZbVYwZE cgVnlJSE5s Y25abCBJR2 wwY3lCamRY IE4wYjIxbG NuTXUKICAg ICAgICA8L3 NwYW4+CiAg ICAgICAgCi AgICAgICAg