CMS Case Study

Deposit Pricing & Activity Analysis - 12/31/2021

SHORT TERM RATES as of 02/11/2022 & NON-MATURITY DEPOSIT RATES as of 02/07/2022

MARKET RATES

NOW

SAVINGS

MMDA

CURRENT PRIOR Δ

CURRENT PRIOR Δ

CURRENT PRIOR Δ 0.05% 0.05% 0.00% 0.05% 0.05% 0.00%

CURRENT PRIOR Δ 0.15% 0.15% 0.00% 0.30% 0.30% 0.00% 0.15% 0.15% 0.00%

Cloyd MMDA Low Tier Cloyd MMDA High Tier Business MMDA Low Tier Business MMDA High Tier

Cloyd Savings Business Savings

Fed Funds Target 1 Month LIBOR 1 Month CMT 1 Month FHLB 3 Month LIBOR 3 Month CMT 3 Month FHLB 3 Month Brokered

0.25% 0.25% 0.00% 0.19% 0.09% 0.10% 0.03% 0.05% -0.02% 0.21% 0.18% 0.03% 0.51% 0.14% 0.36% 0.36% 0.05% 0.31% 0.56% 0.20% 0.36% 0.30% 0.20% 0.10% 0.07% 0.06% 0.01%

Prime NOW 23% of Prime

0.75% 0.75% 0.00% 0.05% 0.05% 0.00% 0.05% 0.05% 0.00% 3.00% 3.00% 0.00%

Select NOW

Business NOW

Kasasa up to $15K upon qualification

0.30% 0.30% 0.00%

Money Fund(Taxable Act)

TERM RATES as of 02/11/2022 & TIME DEPOSIT RATES as of 02/07/2022

BANK CD

TREASURY

LIBOR/SWAP

FHLB ATLANTA

BROKERED CD

TERM CURRENT PRIOR Δ

VS  BANK CURRENT PRIOR Δ 0.26% 0.36% 0.05% 0.31% 0.56% 0.71% 0.07% 0.64% 0.89% 0.89% 0.11% 0.79% 0.77% 1.07% 0.14% 0.93% 1.15% 1.50% 0.39% 1.11% 1.31% 1.71% 0.66% 1.05% 1.33% 1.78% 0.85% 0.92% 1.19% 1.84% 1.04% 0.80%

VS  BANK CURRENT PRIOR Δ 0.41% 0.51% 0.14% 0.36% 0.69% 0.84% 0.22% 0.62% 1.12% 1.12% 0.29% 0.83% 1.09% 1.39% 0.36% 1.03% 1.38% 1.73% 0.60% 1.13% 1.48% 1.88% 0.86% 1.02% 1.47% 1.92% 1.03% 0.89% 1.30% 1.95% 1.15% 0.80%

VS  BANK CURRENT PRIOR Δ 0.46% 0.56% 0.20% 0.36% 0.76% 0.91% 0.21% 0.70% 1.10% 1.10% 0.25% 0.85% 0.97% 1.27% 0.29% 0.98% 1.40% 1.75% 0.61% 1.14% 1.59% 1.99% 0.90% 1.09% 1.63% 2.08% 1.17% 0.91% 1.47% 2.12% 1.30% 0.82%

VS  BANK CURRENT PRIOR Δ 0.20% 0.30% 0.20% 0.10% 0.25% 0.40% 0.20% 0.20% 0.45% 0.45% 0.20% 0.25% 0.35% 0.65% 0.25% 0.40% 0.70% 1.05% 0.40% 0.65% 1.00% 1.40% 0.60% 0.80% 1.10% 1.55% 0.65% 0.90% 1.10% 1.75% 0.90% 0.85%

3 Month 6 Month 9 Month 12 Month 18 Month 24 Month 36 Month 48 Month 60 Month

0.10% 0.10% 0.00% 0.15% 0.15% 0.00%

0.30% 0.30% 0.00% 0.35% 0.35% 0.00% 0.35% 0.35% 0.00% 0.40% 0.40% 0.00% 0.45% 0.45% 0.00% 0.65% 0.65% 0.00%

DEPOSIT ACTIVITY DEPOSIT HISTORY

TOTAL TIME DEPOSIT ACTIVITY

900MM

3.60

600MM

2.40

-$26 0.47%

-$22 0.26%

+$24 0.26%

$102 0.51%

$101 0.46%

300MM

1.20

0

0.00

Dec-18

Jun-19

Dec-19

Jun-20

Dec-20

Jun-21

9/30/2021

MATURITIES

NEW

12/31/2021

MATURITIES 1/1/2022 TO 3/31/2022

NMD

TD

NMD Cost

TD Cost

Total Cost

Cloyd Bank & Trust - Page 17