BAS Presentations - March 2023

3/1/2023

Fritos Bank Keeps their Assets Very Short Term…

Ranks 16 th lowest of 3,479 state ‐ chartered community bank in the nation.

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Which Results in a Mismatched Balance Sheet Structure

Asset Structure:

Nearly all assets mature or re ‐ price within one year.

Funding Structure: Deposit base is very stable and not sensitive to interest rate changes. Management adjusts deposit rates very little in response to changes in market interest rates.

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