CMS Case Study

Core Funding Utilization - 12/31/2021

46%

65%

84%

89%

 DOWN 100BP

 UP 200BP

 UP 400BP 24M

BASE

% UTILIZATION

BASE

 DOWN 100BP

 UP 200BP

 UP 400BP 24M

ASSETS > 60 MONTHS

324,516

231,477

393,319

415,855

CORE FUNDING VOLUME

EXCESS

VOLUME

EXCESS

VOLUME

EXCESS

VOLUME

EXCESS

EQUITY

85,663

0 0 0

85,663

0 0

85,663

0 0 0

85,663

0 0 0

OTHER LIABILITIES

4,414

4,414

4,414

4,414

DDA

210,647

210,647 124,233 42,986

69,247 193,480 236,467 236,467

210,647 124,233 42,986

210,647 124,233 42,986

NOW 124,233

100,441 143,428 143,428

31,638 74,624 74,624

9,102

SAVINGS

42,986

52,088 52,088

OTHER DEPOSITS

0

0

0

0

178,428

271,467

74,624

52,088

BORROWINGS

35,000

35,000

0

0

TOTAL CORE FUNDING 502,943

502,943

467,943

467,943

ASSETS >60M 324,516 278,685 219,349 164,589 122,346

CORE FUNDING

ASSETS >60M 231,477 197,430 157,685 131,222 104,529

CORE FUNDING

ASSETS >60M 393,319 350,617 273,792 206,102 164,540

CORE FUNDING

ASSETS >60M 415,855 373,711 292,007 217,988 176,158

CORE FUNDING

% UTIL

% UTIL

% UTIL

% UTIL

DEC-21 SEP-21 JUN-21 MAR-21

502,943 466,220 411,209 386,017 345,030

65% 60% 53% 43% 35%

502,943 466,220 411,209 386,017 345,030

46% 42% 38% 34% 30%

467,943 446,220 391,209 366,017 325,030

84% 79% 70% 56% 51%

467,943 446,220 391,209 366,017 325,030

89% 84% 75% 60% 54%

DEC-20

1. Core funding utilization measures the long term structural position of the balance sheet (i.e. EVE simulation) and quantifies the degree to which the Bank utilizes long-term (i.e. >5-years) funding sources to support long-term assets. The cumulative excess may be used as an indicator of the Bank's capacity to add additional long-term assets.

Cloyd Bank & Trust - Page 29