CMS Case Study

Loan Floor 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 FLOOR 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total NO FLOOR TOTAL

3.25 0.13

2,600

3,368

20,236

13,171 12,433 51,807

4,678 1,759

571

411

35

118 2,894

16,123 75,503

1 Month LIBOR

--

--

--

445

--

445

--

--

--

--

--

--

--

459 905

Total

2,600

3,368

20,236

13,616 12,433 52,253

4,678 1,759

571

411

35

118 2,894

16,583 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 FLOOR 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total NO FLOOR TOTAL

3.25 0.16

2,416

3,600

13,809

13,382 9,793 43,001

5,050 1,742

548

448

35

121 2,894

27,509 78,454

1 Month LIBOR

--

--

--

449

--

449

--

--

--

--

--

--

--

424 873

Total

2,416

3,600

13,809

13,831 9,793 43,449

5,050 1,742

548

448

35

121 2,894

27,934 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 FLOOR 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total NO FLOOR TOTAL

0

184

-232

6,426

-211 2,639 8,807

-372

16

23

-38

0

-2 -- -2

0

-11,386 -2,951

1 Month LIBOR

-0.03

--

--

--

-3

--

-3

--

--

--

--

--

--

35

32

Total

184

-232

6,426

-214 2,639 8,804

-372

16

23

-38

0

0

-11,351 -2,920

1. 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 60