formfwp.htm

Welcome to the
2011 Annual Meeting
 
 
Free Writing Prospectus
Filed Pursuant to Rule 433
Registration No.  333-174331
May 19, 2011
 
TrustCo Bank Corp NY (“TrustCo”) has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents TrustCo has filed with the SEC for more complete information about TrustCo and the offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, TrustCo, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-670-4110.
 
 

 
Shareholder Assembly Agenda
 
State of the Industry / Economy
 
Financial Performance
Performance vs. Peers & Stock Performance
Dividend Record and Capital
 
Future Plans
Things to be Proud Of
 
Questions and Answers
 
 
 

 
Economic Conditions - Unemployment Level
                                                                                               - Housing Market
Increasing Regulation
Government Intervention - Unwinding
Large Deficits / Low Interest Rates / Rising
 Inflation / Rising Taxes
Asset Quality
State of the Industry
 
 
 

 
Return on Average Assets (%)
 
 

 
Return on Average Equity (%)
 
 

 
Efficiency Ratio (%)
 
 

 
Non-performing Assets Ratio (%)
 
 

 
Loan and Deposit Growth ($000)
 
 

 
# of Branches  54 56 62 69 74 83 91 107 124 132 134
Branches and Deposits ($000)
 
 

 
TrustCo vs. Peers in 2010
 
TrustCo
Peers*
Return on Average Equity
 
11.48%
4.72%
Return on Average Assets
 
0.77%
0.55%
Efficiency Ratio
 
50.77%
61.41%
*All banking institutions covered by SNL Financial with assets of $2 to $10 billion as of December 31, 2010
  Ratios reflect the full year 2010
 
 

 
3-Year Stock Performance
*Through April 21, 2011
 
 

 
Cash Dividends Paid: 2000 to 2010
 
TrustCo
Peers*
Dividend Payout Ratio
 
88.9%
39.6%
Cash Dividends Paid
 
$425.5 Million
$86.4 Million
*All banking institutions covered by SNL Financial with assets of $2 to $10 billion as of December 31, 2010
 
 

 
Capital Planning
 
 Regulatory Landscape
  Dodd-Frank, Basel III, Bank Regulators driving higher capital
 requirements
  Goal - 8% capital level
 Asset Growth
  Branch expansion program
  Capital to support growth
 Shelf Registration
  Filed with SEC today
  Raise capital as needed
  Variety of capital instruments - including common equity
 Facilitates Increasing Capital
  Flexibility
 
 

 
Community Relations / Contributions
 We provide both significant employee involvement and financial
 contributions to many worthy organizations in our market area
 In 2010 we provided 278 organizations with cash contributions
 Total contributions in 2010 were over $430,000
 We examine what types of need are most pressing and focus much of
 our giving in those areas
 Health care and education were among the areas we focused on
 during 2010
 
 

 
  “Banking’s Top Performers” - ABA Banking Journal
  12th out of 129 banks with over $3 billion of assets for 2010
  Top 30 of “Top 150 Performers” - Bank Director Magazine,
 2008-2010
  Top 20 of “Top 100 Thrifts” - SNL Thrift Investor, 2005-
 2010 .
  Top 10 of “Top 200 Mid Tier Banks” - US Banker
 Magazine, 2007-2009
Things to be Proud Of
 
 

 
2011 Annual Meeting
Questions and Answers
 
 

 
2011 Annual Meeting
Thank You for Attending