CMS Case Study

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

FFIEC 051 Report Date 12/31/2021

14

Dollar amounts in thousands

a. Effect of adoption of Current Expected Credit Losses Methodology - ASU 2016-13 1 .........................................

4.a. NR 4.b. NR

RIADJJ26

RIADKW17

b. Effect of adoption of lease accounting standard - ASC Topic 842........................................................................

4.c.

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

4.c.1. 0

RIADB526

(TEXTB526) NR

4.d.

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

4.d.1. 0

RIADB527

(TEXTB527) NR

5. Other transactions with stockholders (including a parent holding company) (from Schedule RI-A, item 11) (itemize and describe all such transactions):

5.

5.a.

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

5.a.1. 17,000

RIAD4498

(TEXT4498) Holding Company Capital Contribution to Bank

5.b.

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

5.b.1. 54

RIAD4499

(TEXT4499) Employee Stock Option & Restricted Stock Award Exp

6. Adjustments to allowances for credit losses (from Schedule RI-B, Part II, item 6) (itemize and describe all adjustments): 3 a. Initial allowances for credit losses recognized upon the acquisition of purchased credit-deteriorated assets on or after the effective date of ASU 2016-13 1 ............................................................................................................. b. Effect of adoption of current expected credit losses methodology on allowances for credit losses 1 ....................

6.

6.a. NR

RIADJJ27

6.b. NR

RIADJJ28

6.c.

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

6.c.1. 0

RIAD4521

(TEXT4521) NR

6.d.

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

6.d.1. 0

RIAD4522

(TEXT4522) NR

7. Other explanations (the space below is provided for the bank to briefly describe, at its option, any other significant items affecting the Report of Income):

7.

7.a. No 7.b. NR

RIAD4769

a. Comments?..........................................................................................................................................................

TEXT4769

b. Other explanations (please type or print clearly; 750 character limit):..................................................................

1. Only institutions that have adopted ASU 2016-13 should report an amount in item 4.a, if applicable. 3. Institutions that have not adopted ASU 2016-13 should report the allowance for loan and lease losses in item 6, where applicable. 1. Only institutions that have adopted ASU 2016-13 should report amounts in items 6.a and 6.b, if applicable. 1. Only institutions that have adopted ASU 2016-13 should report amounts in items 6.a and 6.b, if applicable.