Welcome to the 2009 Annual Meeting
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Safety & Soundness Performance Dividend Strategy Stock Performance Executive Compensation Questions and Answers Shareholder Assembly Agenda
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Safety & Soundness
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Excellent Liquidity: (Loans / Deposits) A lower ratio means more liquidity
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Deposits Fund Nearly 90% of Assets (Deposits / Total Assets) Deposit funding is typically more stable than alternatives
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Very Low Net Charge-offs (Net Charge-offs / Average Loans)
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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
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Loan Portfolio Focused on Lower Risk Categories (1-4 Family Mortgage / Total Loans)
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Sub-Prime Loans TrustCo Investment = $ 0.00
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Government Funds Accepted:
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Performance
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Return on Average Assets
TrustCo vs. Peers - 2008
Profitability Remains Above Peers
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Return on Average Equity TrustCo vs. Peers - 2008 Profitability Remains Above Peers
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FDIC Insurance Premium
*Estimate, including currently proposed special assessment of 0.20% on deposits
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Total Loans Loans are up 72% since 2004
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Total Deposits
Deposits are up 24% since 2004
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Much Better Than Peers
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Continuing to Expand Number of Offices
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Net Change in Number of Offices *Estimate, subject to change
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Dividend Strategy
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Dividend Strategy Long Term Approach Capital Needed to Support Growth Regulator Focus on Increased Capital Excess Capital Should Be Returned To Shareholders
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Total Net Income and Dividends Paid 2003 – 2008 Net Income = $287.5 million Dividends Paid = $267.8 Million Cumulative Payout = 93.1%
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Dividend Payout Ratio
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TrustCo vs. Peers 2008 Dividend Payout Ratio
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Dividend Yield TrustCo vs. Peers (as of 5/11/2009) [using $0.0625/Qtr]
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Stock Performance
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Total Return on TrustCo Shares vs. Peers: December 31, 2007 through March 31, 2009
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Total Return on TrustCo Shares vs. Peers: December 31, 2005 through March 31, 2009
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Total Return on TrustCo Shares vs. Peers: December 31, 2003 through March 31, 2009
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15 Year Total Return Performance
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Executive Compensation
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CEO Cash Compensation vs. Stock Price
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Total CEO Compensation - 2008
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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
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Questions and Answers 2009 Annual Meeting
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Thank You for Attending 2009 Annual Meeting
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