CMS Case Study

Loan Cap Report 3m Comparison - 9/30/2020

9/30/2020

IN THE MONEY

OUT OF THE MONEY

Floating WSJ Prime

INDEX RATE >200 BP 200-151 BP 150-101 BP 100-51 BP 50-1 BP Total AT CAP 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total

NO CAP TOTAL

3.25 0.13

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

4,299

498

4 32,794 37,595 37,907 75,503

1 Month LIBOR

--

--

--

--

--

905 905

Total

4,299

498

4 32,794 37,595 38,812 76,407

6/30/2020

IN THE MONEY

OUT OF THE MONEY

Floating WSJ Prime

INDEX RATE >200 BP 200-151 BP 150-101 BP 100-51 BP 50-1 BP Total AT CAP 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total

NO CAP TOTAL

3.25 0.16

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

1,464

490

425 35,869 38,249 40,205 78,454

1 Month LIBOR

--

--

--

--

--

873 873

Total

1,464

490

425 35,869 38,249 41,078 79,327

3M VARIANCE

IN THE MONEY

OUT OF THE MONEY

Floating WSJ Prime

RATE VAR. >200 BP 200-151 BP 150-101 BP 100-51 BP 50-1 BP Total AT CAP 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total NO CAP TOTAL

0

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

2,835

7

-421

-3,075 -654 -2,297 -2,951

1 Month LIBOR

-0.03

--

--

--

--

--

32

32

Total

2,835

7

-421

-3,075 -654 -2,266 -2,920

1. Loans with caps greater than 25% are assumed to have "No Cap". Non-Accrual loans are excluded from the report. 2. Adjustable loans have repricing frequencies greater than 6 months and reprice within 12 months of the model’s as-of-date. 3. Floating Loans have a repricing frequency 1, 3 or 6 months and reprice within 6 months of the model’s as-of-date.

Cloyd Bank & Trust - Page 58