Trustco Bank Corp Ny · NASDAQ:TRST
Trustco Bank Corp Ny — Investor Presentation (November 2015)
13 slides from Trustco Bank Corp Ny's investor presentation, Nov 12, 2015
Slide 1: TrustCo Bank Corp NY Investor Presentation, November 11, 2015
Robert J. McCormick, President and Chief Executive OfficerRobert T. Cushing, Executive Vice President and Chief Operating OfficerMichael M. Ozimek, Senior Vice President and Chief Financial Officer November 11, 2015
Slide 2: Forward Looking Statements
Forward Looking Statements * Note: Data in this presentation was obtained from SNL Financial and from the Company’s SEC filings. All statements in this presentation that are not historical are forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended. Forward-l
Slide 3: TrustCo Bank Corp NY
* TrustCo Bank Corp NY New York community-focused financial services company with additional market presence in Florida, Massachusetts, New Jersey and VermontProvides core banking products and services to local businesses and retail customers, with a focus on residential mortgage lendingStrategy of
Slide 4: Strategy and Philosophy for Continued Growth
* Strategy and Philosophy for Continued Growth Deposit and Loan Portfolio Growth Superior Asset Quality Increasing Market Share in New Markets Generated through our expanded branch networkIntense customer service focusSimple, low cost products Centralized portfolio lending processConservative lendin
Slide 5: Formal Agreement
* Formal Agreement Formal Agreement (FA) signed with OCC on July, 21, 2015Primary Issues CoveredComplianceGovernanceInternal AuditStrategic PlanCapital PlanLoan ReviewTimingCostStatusBenefits Source: SEC Filings; Company Documents
Slide 6: Branch Franchise Overview
* Branch Franchise Overview
Slide 7: Branch Growth Strategy
* Branch Growth Strategy Since 2000, the Company has increased its network by 92 branches, bringing the total to 146All new branches opened on a de novo basisExpansion included growth in five states, with a focus on Florida and Downstate New YorkWe have built a platform for steady and conservative g
Slide 8: Number of Branches & Average Size
* Number of Branches & Average Size Source: Company Documents, SEC Filings
Slide 9: Detail of Loan Portfolio
* Detail of Loan Portfolio 1-4 Family CompositionSeptember 30, 2015 The portfolio is comprised of loans that are fully-documented using comprehensive underwriting criteria without sole reliance on credit scoresAll originations are taken at branch locations by company employeesResidential portfolio i
Slide 10: Credit Quality
Credit Quality * Source: Company Documents, SEC Filings
Slide 11: Investment Portfolio and Interest Rate Risk
* Investment Portfolio and Interest Rate Risk Strive to achieve a 60/40 split on loans to investmentsInvestment SecuritiesHigh level of liquidity well in excess of $1 billion (including cash)Vast majority of securities are available for saleHigh credit quality portfolioNo derivatives, trust preferre
Slide 12: Investment Strategy and Composition
* Investment Strategy and Composition 2015 plan consistent with prior yearsFocus on short-term investments (1-5 average life)Primarily investing in government sponsored agency and mortgage backed securities Continue to evaluate investing in other investment classes September 30, 2015(Market value, d
Slide 13: Capital Ratios as of September 30, 2015
* Capital Ratios as of September 30, 2015Trustco Bank Source: SEC Filings; SNL Financial
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