Trustco Bank Corp Ny · NASDAQ:TRST
Trustco Bank Corp Ny — Investor Presentation (November 2014)
12 slides from Trustco Bank Corp Ny's investor presentation, Nov 13, 2014
Slide 1: TrustCo Bank Corp NY Investor Presentation, November 13, 2014
Robert J. McCormick, President and Chief Executive OfficerRobert T. Cushing, Executive Vice President and Chief Financial OfficerScot R. Salvador, Executive Vice President and Chief Banking OfficerRobert M. Leonard, Executive Vice President November 13, 2014
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 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: Branch Franchise Overview
* Branch Franchise Overview New York – 15 Counties, 88 BranchesMassachusetts – 1 County, 4 BranchesNew Jersey – 1 County, 2 BranchesVermont – 1 County, 1 Branch Florida – 13 Counties, 48 Branches As of September 30, 2014
Slide 6: Branch Growth Strategy
* Branch Growth Strategy Since 2000, the Company has increased its network by 89 branches, bringing the total to 143All 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 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 CompositionSeptember 30, 2014 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 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 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 11: Investment Strategy and Composition
* Investment Strategy and Composition 2014 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, 2014(Market value, d
Slide 12: Capital Ratios as of September 30, 2014
* Capital Ratios as of September 30, 2014Trustco Bank Source: SEC Filings; SNL Financial
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