CMS Case Study

CLOYD BANK & TRUST RSSD-ID Last Updated on 3/30/2022

FFIEC 051 Report Date 12/31/2021

13

Schedule RI-E - Explanations (FormType - 051) Schedule RI-E is to be completed each quarter on a calendar year-to-date basis, unless otherwise noted.

Detail all adjustments in Schedule RI-A and RI-B, all extraordinary items and other adjustments in Schedule RI, and all significant items of other noninterest income and other noninterest expense in Schedule RI. (See instructions for details.)

Items 1.a through 1.j and 2.a through 2.p are to be completed annually on a calendar year-to-date basis in the December report only. Dollar amounts in thousands 1. Other noninterest income (from Schedule RI, item 5.l) Itemize and describe amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 5.l:

1.

1.a. 0

RIADC013

a. Income and fees from the printing and sale of checks.........................................................................................

1.b. 376

RIADC014

b. Earnings on/increase in value of cash surrender value of life insurance..............................................................

1.c. 0 1.d. 0 1.e. 0

RIADC016

c. Income and fees from automated teller machines (ATMs)...................................................................................

RIAD4042

d. Rent and other income from other real estate owned..........................................................................................

RIADC015

e. Safe deposit box rent............................................................................................................................................

1.f. 1,299

RIADF555

f. Bank card and credit card interchange fees..........................................................................................................

1.g. 0

RIADT047

g. Income and fees from wire transfers....................................................................................................................

1.h.

h. Disclose component and the dollar amount of that component:

1.h.1. 535

RIAD4461

(TEXT4461) Mortgage Origination & Processing Fees

1.i.

i. Disclose component and the dollar amount of that component:

1.i.1. 0

RIAD4462

(TEXT4462) NR

1.j.

j. Disclose component and the dollar amount of that component:

1.j.1. 0

RIAD4463

(TEXT4463) NR

2. Other noninterest expense (from Schedule RI, item 7.d) Itemize and describe amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 7.d:

2.

2.a. 2,542

RIADC017

a. Data processing expenses...................................................................................................................................

2.b. 571

RIAD0497

b. Advertising and marketing expenses....................................................................................................................

2.c. 0 2.d. 0 2.e. 0

RIAD4136

c. Directors' fees.......................................................................................................................................................

RIADC018

d. Printing, stationery, and supplies..........................................................................................................................

RIAD8403

e. Postage................................................................................................................................................................

2.f. 0

RIAD4141

f. Legal fees and expenses.......................................................................................................................................

2.g. CONF

RIAD4146

g. FDIC deposit insurance assessments..................................................................................................................

2.h. 0

RIADF556

h. Accounting and auditing expenses.......................................................................................................................

2.i. 0

RIADF557

i. Consulting and advisory expenses........................................................................................................................

2.j. 638

RIADF558

j. Automated teller machine (ATM) and interchange expenses................................................................................

2.k. 0

RIADF559

k. Telecommunications expenses.............................................................................................................................

2.l. 0

RIADY923

l. Other real estate owned expenses........................................................................................................................ m. Insurance expenses (not included in employee expenses, premises and fixed asset expenses, and other real estate owned expenses)..........................................................................................................................................

2.m. 0

RIADY924

2.n.

n. Disclose component and the dollar amount of that component:

2.n.1. 545

RIAD4464

(TEXT4464) LIHTC Partnership Expense

2.o.

o. Disclose component and the dollar amount of that component:

2.o.1. 0

RIAD4467

(TEXT4467) NR

2.p.

p. Disclose component and the dollar amount of that component:

2.p.1. 0

RIAD4468

(TEXT4468) NR

3. Discontinued operations and applicable income tax effect (from Schedule RI, item 11) (itemize and describe each discontinued operation):

3.

3.a.

a. Disclose component, the gross dollar amount of that component, and its related income tax:

3.a.1. 0 3.a.3. 0

RIADFT29

(TEXTFT29) NR

RIADFT30

3. Applicable income tax effect.........................................................................................................................

3.b.

b. Disclose component, the gross dollar amount of that component, and its related income tax:

3.b.1. 0 3.b.3. 0

RIADFT31

(TEXTFT31) NR

RIADFT32

3. Applicable income tax effect......................................................................................................................... 4. Cumulative effect of changes in accounting principles and corrections of material accounting errors (from Schedule RI-A, item 2) (itemize and describe all such effects):

4.