BAS Case Study - March 2023

Sunny State Bank

LIQUIDITY - LIQUID ASSETS TO TOTAL ASSETS

Liquid Assets to Total Assets

40.0%

36.5% 36.0% 36.3%

34.6% 35.0% 34.8%

36.0%

33.0%

31.4%

32.0%

28.5%

28.4% 29.1% 27.5%

28.0%

26.1%

Metrics

24.8% 25.0% 24.2%

24.4% 24.0%

27.0%

24.0%

Bank State All Banks

25.0%

24.9%

20.0%

16.0%

2013Q4

2014Q1

2014Q2

2014Q3

2014Q4

2015Q1

2015Q2

2015Q3

2015Q4

2016Q1

2016Q2

2016Q3

2016Q4

2017Q1

2017Q2

2017Q3

2017Q4

2018Q1

2018Q2

2018Q3

2018Q4

Liquid Assets to Total Assets (Breakout by Type)

40.0%

35.0%

30.0%

25.0%

Metrics

20.0%

Unpl. Sec FFS IBB Cash

15.0%

10.0%

5.0%

2013Q4

2014Q1

2014Q2

2014Q3

2014Q4

2015Q1

2015Q2

2015Q3

2015Q4

2016Q1

2016Q2

2016Q3

2016Q4

2017Q1

2017Q2

2017Q3

2017Q4

2018Q1

2018Q2

2018Q3

2018Q4

• For these charts, liquid assets include: unpledged securities, Federal Funds sold, interest-bearing bank balances, and cash & due. • Keep in mind there is some nuance with liquid assets. For example, small nonrated Municipal bonds might be difficult to sell or pledge, and some loans could be sold fairly easily (e.g. government guaranteed SBA or FSA loans, conforming 1-4 family loans).