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 $0.0BQ4 2000Q3 2002
Deposit mix
91%Interest-bearing $2.0B9%Noninterest $0.2BQ4 2000Q3 2002

Executive Summary

  • Earnings: ROA of 1.77%, down 8 bps year over year; NIM at 3.49%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.49%.
  • Funding: loans stand at 66.18% of deposits as of Q3 2002.

Return on Assets (quarter, annualized)

1.77%-8 bps YoY

Net Interest Margin (quarter, annualized)

3.49%-28 bps YoY

Efficiency Ratio (quarter, annualized)

39.65%-354 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

7.22%Q1 ’016.68%Q3 ’015.64%Q3 ’02-4%-7%

Non-interest income vs. expense

2.01%Q1 ’012.02%Q3 ’011.66%Q3 ’02-4%-12%

Discrete quarter, annualized.

MetricQ4 2000Q1 2001Q2 2001Q3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets1.78%1.75%1.86%1.85%1.67%1.70%1.67%1.77%-8 bps
Return on Equityn/an/a28.92%28.60%26.30%27.80%27.82%28.12%-48 bps
Net Interest Marginn/a3.92%3.83%3.77%3.90%3.64%3.51%3.49%-28 bps
Efficiency Ration/a42.10%45.02%43.20%46.94%43.02%42.73%39.65%-354 bps
Non-Interest Burdenn/a1.15%1.20%1.11%1.32%1.12%1.00%0.97%-14 bps
Growth
Asset Growth (YoY)2.49%4.30%3.17%5.18%4.98%7.86%11.72%6.56%+138 bps
Loan Growth (YoY)8.30%13.72%13.53%12.89%10.19%2.62%0.76%-2.88%-1,577 bps
Deposit Growth (YoY)-0.18%0.49%0.75%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%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a0.25%0.19%0.28%0.30%0.28%0.26%0.49%+20 bps
Allowance / Loansn/a3.83%3.79%3.65%3.65%3.68%3.65%3.59%-6 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capitaln/a13.07%12.73%12.78%12.75%12.57%12.61%13.20%+41 bps
Equity / Assetsn/a6.42%6.45%6.48%6.22%5.99%6.00%6.62%+14 bps
Liquidity & Funding
Loans / Deposits70.31%73.75%75.07%74.64%74.16%70.21%67.99%66.18%-846 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.01%0.02%0.01%0.02%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a