Trustco Bank Corp Ny · NASDAQ:TRST
Trustco Bank Corp Ny — Investor Presentation (November 2013)
12 slides from Trustco Bank Corp Ny's investor presentation, Nov 14, 2013
Slide 1: TrustCo Bank Corp NY Investor Presentation, November 14, 2013
Robert J. McCormick, President and Chief Executive Officer Robert T. Cushing, Executive Vice President and Chief Financial Officer Scot R. Salvador, Executive Vice President and Chief Banking Officer November 14, 2013
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. This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Act”). Forward-looking statements
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 Vermont Provides core banking products and services to local businesses and retail customers Strategy of building solid deposit franchise with low co
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 network Intense customer service focus Simple, low cost products Centralized portfolio lending process Conservative len
Slide 5: Branch Franchise Overview
* Branch Franchise Overview New York – 14 Counties, 86 Branches Massachusetts – 1 County, 4 Branches New Jersey – 1 County, 2 Branches Vermont – 1 County, 1 Branch Florida – 12 Counties, 46 Branches As of September 30, 2013
Slide 6: Branch Growth Strategy
* Branch Growth Strategy Since 2000, the Company has increased its network by 85 branches, bringing the total to 139 All new branches opened on a de novo basis Expansion included growth in five states, with a focus on Florida and Downstate New York We have built a platform for steady and conservativ
Slide 7: Number of Branches & Average Size
* Number of Branches & Average Size Source: Company Documents, SEC Filings
Slide 8: Detail of Loan Portfolio
* Detail of Loan Portfolio 1-4 Family Composition September 30, 2013 The portfolio is comprised of loans that are fully-documented using comprehensive underwriting criteria without sole reliance on credit scores All originations are taken at branch locations by company employees Residential portfoli
Slide 9: Credit Quality
Credit Quality * Source: Company Documents, SEC Filings
Slide 10: Investment Portfolio and Interest Rate Risk
* Investment Portfolio and Interest Rate Risk Strive to achieve a 60/40 split on loans to investments Investment Securities High level of liquidity well in excess of $1 billion (including cash) Vast majority of securities are available for sale High credit quality portfolio No derivatives, trust pre
Slide 11: Investment Strategy and Composition
* Investment Strategy and Composition 2013 plan consistent with prior years Focus 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 Investment Composition U. S. gov
Slide 12: Capital Ratios as of September 30, 2013
* Capital Ratios as of September 30, 2013 Trustco Bank Source: SEC Filings; SNL Financial
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