PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Trustco Bank, National Association

Schenectady, NY · Cert 662

FDIC

Q3 2002

$2.6BAssets
$1.5BLoans
$2.3BDeposits
$174.4MEquity
Loan mix
97%RE $1.3B2%C&I $0.0B1%Consumer $0.0BQ3 2001Q3 2002
Deposit mix
91%Interest-bearing $2.0B9%Noninterest $0.2BQ3 2001Q3 2002

NIM

7.22%Q1 ’016.84%Q3 ’015.69%Q3 ’02-3%-8%

Non-interest income vs. expense

2.01%Q1 ’012.03%Q3 ’011.77%Q3 ’02-1%-11%

Executive Summary

  • Earnings: ROA of 1.72%, down 10 bps year over year; NIM at 3.48%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.35%.
  • Funding: loans stand at 66.18% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

1.72%-10 bps YoY

Net Interest Margin (YTD, annualized)

3.48%-30 bps YoY

Efficiency Ratio (YTD, annualized)

41.82%-163 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets1.82%1.78%1.70%1.68%1.72%-10 bps
Return on Equityn/an/a27.80%27.74%27.75%n/a
Net Interest Margin3.78%3.78%3.64%3.51%3.48%-30 bps
Efficiency Ratio43.45%44.35%43.02%42.87%41.82%-163 bps
Non-Interest Burden1.14%1.17%1.12%1.05%1.01%-12 bps
Growth
Asset Growth (YoY)5.18%4.98%7.86%11.72%6.56%+138 bps
Loan Growth (YoY)12.89%10.19%2.62%0.76%-2.88%-1,577 bps
Deposit Growth (YoY)4.31%4.48%7.79%11.26%9.53%+523 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.24%0.25%0.28%0.27%0.35%+11 bps
Allowance / Loans3.65%3.65%3.68%3.65%3.59%-6 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.78%12.75%12.57%12.61%13.20%+41 bps
Equity / Assets6.48%6.22%5.99%6.00%6.62%+14 bps
Liquidity & Funding
Loans / Deposits74.64%74.16%70.21%67.99%66.18%-846 bps
Liquid Assets / Assets0.00%0.01%0.02%0.01%0.02%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a