CMS Case Study

5 Year NII Simulation - Rising & Falling Rate Ramp Scenarios - 12/31/2021

Rising Rate Scenarios

Falling Rate Scenarios

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

8,925

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

7,825

6,725

5,625

4,525

3,425

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

Up 400BP 24M Flat Up 200BP

Up 200BP 24M Up 200BP

Base

Base

Down 100BP

NII RESULTS

YEAR 1 22,311 21,894 22,830 22,243 23,196

YEAR 2 20,991 20,826 22,206 22,206 23,003

YEAR 3 22,549 21,340 23,029 23,746 22,844

YEAR 4 26,433 22,281 25,154 25,713 23,031

YEAR 5 29,861 23,093 27,075 27,463 23,253

YEAR 1 23,196 22,662

YEAR 2 23,003 20,959

YEAR 3 22,844 19,580

YEAR 4 23,031 18,743

YEAR 5

UP 400BP 24M FLAT UP 200BP UP 200BP 24M

23,253 18,176

BASE

DOWN 100BP

UP 200BP

BASE

Cloyd Bank & Trust - Page 24