CMS Case Study

Loan Cap Report 12m Comparison - 12/31/2021

12/31/2021

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 0.12

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

2,310

8,680

-- -- --

1,014 29,544 41,548 23,009 64,557

1 Month LIBOR

--

--

--

--

--

1,521 1,521

Total

2,310

8,680

1,014 29,544 41,548 24,530 66,078

12/31/2020

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 0.12

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

149

4,796

16

7 31,559 36,527 40,330 76,857

1 Month LIBOR

--

--

--

--

--

--

1,108 1,108

Total

149

4,796

16

7 31,559 36,527 41,438 77,966

12M 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 0

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

2,161

3,884

-16

1,007

-2,015 5,021 -17,321 -12,300

1 Month LIBOR

--

--

--

--

--

--

413

413

Total

2,161

3,884

-16

1,007

-2,015 5,021 -16,908 -11,888

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 62