Shareholder Assembly Agenda
•State of the Industry / Economy
•Summary of Expansion Plan
•Financial Performance
•Stock Performance
•Future Plans
•Things to be Proud Of
•Questions and Answers
•Economic Conditions - Unemployment Level
- Housing Market
•Increasing Regulation
•Government Intervention
•Large Deficits / Low Interest Rates / Rising
Inflation?
Inflation?
•Asset Quality
State of the Industry
•Our Major Branch Expansion is Now
Complete
Complete
•Look for Selected, Opportunistic Branch
Openings Going Forward
Openings Going Forward
•Review of Expansion
Summary of Expansion Plan
Number of Branches
Efficiency Ratio (%)
Financial Performance
Key Metrics Driving Profitability have Turned in Recent Quarters
Net Interest Margin (%)
Return on Average Assets (%)
Financial Performance
Key Metrics Driving Profitability have Turned in Recent Quarters
Deposits
($ - Billions)
Loans
TrustCo vs. Peers
TrustCo | Peers* | |
Return on Average Equity | 11.70% | 2.10% |
Return on Average Assets | 0.79% | 0.28% |
Efficiency Ratio | 57.02% | 61.41% |
*All banking institutions covered by SNL Financial with assets of $2 to $10 billion as of December 31, 2009
Other Key Indicators
•Non-Performing Loans
•Efficiency Ratio
•Average Assets Per Employee
Stock Performance
“Crisis Period”
Stock Performance
5 Year
• We are Working to Capitalize on Our
Expanded Branch Network
Expanded Branch Network
• Branch Maturity
• Expense Management
• Net Interest Margin
• Loan Portfolio Management
Future Plans
Things to be Proud Of
• Top 10 of “Banking’s Top Performers” - ABA Banking
Journal, 2009
Journal, 2009
• Audit Integrity Top 100 - Audit Integrity Independent
Research, 2009-2010
Research, 2009-2010
• Top 30 of “Top 150 Performers” - Bank Director Magazine,
2008-2010
2008-2010
• Robert T. Cushing, CFO of the Year - Capital Region
Business Review, 2009
Business Review, 2009
• Top 20 of “Top 100 Thrifts” - SNL Thrift Investor, 2005-
2009
2009
• Top 10 of “Top 200 Mid Tier Banks” - US Banker
Magazine, 2007-2009
Magazine, 2007-2009
Things to be Proud Of
2010 Annual Meeting
Questions and Answers
2010 Annual Meeting
Thank You for Attending