CMS Case Study

Inventory of Liquidity Resources - 12/31/2020

CUMULATIVE AMOUNT

% OF ASSETS

BASIC SURPLUS

% OF ASSETS

BASIC SURPLUS

AMOUNT % OF ASSETS

36%

1. TIER 1 LIQUIDITY (LIQUID ASSETS)

144,596 20.1%

144,596 20.1% 96,566

13.4% Policy Minimum: 0.0%

Cash/Equivalents 106,181

33,486

Free Bond Collateral

24%

0

Other Inv. Cash Flow <30 Days

4,929

Other Liquid Assets

2. TIER 2 LIQUIDITY (FHLB LOAN BASED CAPACITY)

7,168 1.0%

151,765 21.1% 103,735

14.4% Policy Minimum: 4.0%

12%

42,168 35,000

Maximum FHLB Borrowings Capacity

Outstanding Advances/ LOCs

0%

Dec-19 Mar-20 Jun-20 Sep-20 Dec-20

3. TIER 3 LIQUIDITY (BROKERED DEPOSITS CAPACITY) 107,980 15.0%

259,745 36.1% 211,715

29.4% Policy Minimum: 8.0%

Maximum Brokered Deposits Capacity 107,980 Current Brokered Deposits 0

BASIC SURPLUS CALCULATION Cumulative Amount - Volatile Liabilities Coverage = Basic Surplus VOLATILE LIABILITIES COVERAGE Coverage = $48,030 7% of Assets

4. OTHER LIQUIDITY

46,898 6.5%

306,643 42.6%

12,812

Other Investments less Cash flow (< 30 Days)

2,661

Secured Borrowing Lines Unsecured Borrowing Lines

31,425

AVAILABLE WHOLESALE FUNDING CAPACITY

ON BALANCE SHEET LIQUIDITY Liquid Assets (excl. Cash flow <30 Days)+ Available Other Inv. = $157,408/22% of Assets

AVAILABLE FUNDING

AVAILABLE FUNDING PER POLICY

AVAIL. FUNDING PER TOTAL WHOLESALE POLICY

POLICY

NOTES: 1. Other Investments includes available Municipals and Corporates less cash flow < 30 Days. 2. Outstanding advances include $15MM in FHLB Letter of Credit.

FHLB

22,168

22,168 107,980 34,086 164,234

22,168 101,805

BROKERED 15.0% 107,980

OTHER WHOLESALE

34,086

0

TOTAL 20.0% 164,234

123,973

Cloyd Bank & Trust - Page 8