Trustco Bank Corp Ny · NASDAQ:TRST
Trustco Bank Corp Ny — Shareholder Meeting (May 2009)
36 slides from Trustco Bank Corp Ny's shareholder meeting presentation, May 18, 2009
Slide 1: Welcome to the 2009 Annual Meeting
Welcome to the 2009 Annual Meeting
Slide 2: Shareholder Assembly Agenda
Safety & Soundness Performance Dividend Strategy Stock Performance Executive Compensation Questions and Answers Shareholder Assembly Agenda
Slide 3: Safety & Soundness
Y¥ TRUSTCO AX Bank Corp NY Safety & Soundness
Slide 4: Excellent Liquidity: Loans / Deposits
Excellent Liquidity: (Loans / Deposits) A lower ratio means more liquidity
Slide 5: Deposits Fund Nearly 90% of Assets
Deposits Fund Nearly 90% of Assets (Deposits / Total Assets) Deposit funding is typically more stable than alternatives
Slide 6: Very Low Net Charge-offs
Very Low Net Charge-offs (Net Charge-offs / Average Loans)
Slide 7: Very Strong Ratio of Reserves to Net Charge-offs
Very Strong Ratio of Reserves to Net Charge-offs Far better reserve coverage of net charge-offs than peers due to high reserves and low net charge-offs
Slide 8: Loan Portfolio Focused on Lower Risk Categories
Loan Portfolio Focused on Lower Risk Categories (1-4 Family Mortgage / Total Loans)
Slide 9: Sub-Prime Loans TrustCo Investment = $0.00
Sub-Prime Loans TrustCo Investment = $ 0.00
Slide 10: Government Funds Accepted: $0
3X TRusTCO DS, Bank Cop NY Government Funds Accepted: $0
Slide 11: Performance
Performance
Slide 12: Return on Average Assets
Return on Average Assets TrustCo vs. Peers - 2008 Profitability Remains Above Peers
Slide 13: Return on Average Equity
Return on Average Equity TrustCo vs. Peers - 2008 Profitability Remains Above Peers
Slide 14: FDIC Insurance Premium
FDIC Insurance Premium *Estimate, including currently proposed special assessment of 0.20% on deposits
Slide 15: Total Loans
Total Loans Loans are up 72% since 2004
Slide 16: Total Deposits
Total Deposits Deposits are up 24% since 2004
Slide 17: Non-performing Assets To Total Assets
YK TRUSTCO AK Bank Corp NY Non-performing Assets To Total Assets Much Better Than Peers 2.50% 2.00% 1.52% 1.56% 1.50% 1.02% a | | 0.50% ao? gro? swat eet x ii oe”
Slide 18: Continuing to Expand Number of Offices
Continuing to Expand Number of Offices
Slide 19: Net Change in Number of Offices
Net Change in Number of Offices *Estimate, subject to change
Slide 20: Dividend Strategy
»Y TRUSTCO ped Bank Corp NY Dividend Strategy
Slide 21: Dividend Strategy
Dividend Strategy Long Term Approach Capital Needed to Support Growth Regulator Focus on Increased Capital Excess Capital Should Be Returned To Shareholders
Slide 22: Total Net Income and Dividends Paid 2003–2008
Total Net Income and Dividends Paid 2003 – 2008 Net Income = $287.5 million Dividends Paid = $267.8 Million Cumulative Payout = 93.1%
Slide 23: Dividend Payout Ratio
140.0% > 120.0% 100.0% 80.0% 60.0% 40.0% 20.0% 0.0% Y TRUSTCO Dividend Payout Ratio Bank Corp NY 120.8% 106.7% AI J 97.8% 80.0% 78.2% : 2004 2005 2006 2007 2008
Slide 24: TrustCo vs. Peers 2008 Dividend Payout Ratio
TrustCo vs. Peers 2008 Dividend Payout Ratio
Slide 25: Dividend Yield TrustCo vs. Peers
Dividend Yield TrustCo vs. Peers (as of 5/11/2009) [using $0.0625/Qtr]
Slide 26: Stock Performance
x TRUSTCO DS, Bank Corp NY Stock Performance
Slide 27: Total Return on TrustCo Shares vs. Peers: 2007–March 2009
Total Return on TrustCo Shares vs. Peers: December 31, 2007 through March 31, 2009
Slide 28: Total Return on TrustCo Shares vs. Peers: 2005–March 2009
Total Return on TrustCo Shares vs. Peers: December 31, 2005 through March 31, 2009
Slide 29: Total Return on TrustCo Shares vs. Peers: 2003–March 2009
Total Return on TrustCo Shares vs. Peers: December 31, 2003 through March 31, 2009
Slide 30: Year Total Return Performance
15 Year Total Return Performance
Slide 31: Executive Compensation
x TRUSTCO DS, Bank Corp NY Executive Compensation
Slide 32: CEO Cash Compensation vs. Stock Price
CEO Cash Compensation vs. Stock Price
Slide 33: Total CEO Compensation - 2008
Total CEO Compensation - 2008
Slide 34: Honors Received
Honors Received US Banker – Top 200 Mid-Tier Banks Top 10 for the last four years SNL Financial – Top 100 Thrifts Top 20 last six years Bank Director – Top 150 Performers Top 25 last two years Audit Integrity, Inc. – 2009 Audit Integrity Top 100
Slide 35: Questions and Answers 2009 Annual Meeting
Questions and Answers 2009 Annual Meeting
Slide 36: Thank You for Attending 2009 Annual Meeting
Thank You for Attending 2009 Annual Meeting
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