CMS Case Study

5 Year NII Simulation - Alt. Ramp Scenarios - 12/31/2021

Base Simulation as of 12/31/2021

Base Simulation as of 09/30/2021

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

8,125

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

7,075

6,025

4,975

3,925

2,875

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Flat Up 200BP

Up 200BP

Base

Down 100BP

Flat Up 200BP

Up 200BP

Base

Down 100BP

NII RESULTS

YEAR 1 21,894 22,243 23,196 22,662

YEAR 2 20,826 22,206 23,003 20,959

YEAR 3 21,340 23,746 22,844 19,580

YEAR 4 22,281 25,713 23,031 18,743

YEAR 5 23,093 27,463 23,253 18,176

YEAR 1 21,014 21,172 21,499 21,012

YEAR 2 20,235 20,805 20,401 18,626

YEAR 3 20,948 21,900 19,800 17,207

YEAR 4 21,830 23,154 19,416 16,309

YEAR 5 22,641 24,323 19,297 15,825

FLAT UP 200BP

FLAT UP 200BP

UP 200BP

UP 200BP

BASE

BASE

DOWN 100BP

DOWN 100BP

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