CMS Case Study

Deposit Pricing & Activity Analysis - 12/31/2020

SHORT TERM RATES as of 02/12/2021 & NON-MATURITY DEPOSIT RATES as of 02/09/2021

MARKET RATES

NOW

SAVINGS

MMDA

CURRENT PRIOR Δ

CURRENT PRIOR Δ

CURRENT PRIOR Δ 0.05% 0.05% 0.00% 0.05% 0.05% 0.00%

CURRENT PRIOR Δ 0.15% 0.15% 0.00% 0.30% 0.30% 0.00% 0.15% 0.15% 0.00%

Cloyd MMDA Low Tier Cloyd MMDA High Tier Business MMDA Low Tier Business MMDA High Tier

Cloyd Savings Business Savings

Fed Funds Target 1 Month LIBOR 1 Month CMT 1 Month FHLB 3 Month LIBOR 3 Month CMT 3 Month FHLB 3 Month Brokered

0.25% 0.25% 0.00% 0.11% 0.13% -0.02% 0.03% 0.10% -0.07% 0.18% 0.23% -0.05% 0.19% 0.21% -0.01% 0.04% 0.10% -0.06% 0.19% 0.24% -0.05% 0.10% 0.25% -0.15% 0.13% 0.17% -0.04%

Prime NOW 23% of Prime

0.75% 0.75% 0.00% 0.05% 0.05% 0.00% 0.05% 0.05% 0.00% 3.00% 3.00% 0.00%

Select NOW

Business NOW

Kasasa up to $15K upon qualification

0.30% 0.30% 0.00%

Money Fund(Taxable Act)

TERM RATES as of 02/12/2021 & TIME DEPOSIT RATES as of 02/09/2021

BANK CD

TREASURY

LIBOR/SWAP

FHLB ATLANTA

BROKERED CD

TERM CURRENT PRIOR Δ

VS  BANK CURRENT PRIOR

Δ

VS  BANK CURRENT PRIOR

Δ

VS  BANK CURRENT PRIOR

Δ

VS  BANK CURRENT PRIOR

Δ

3 Month 6 Month 9 Month 12 Month 18 Month 24 Month 36 Month 48 Month 60 Month

0.15% 0.15% 0.00% 0.30% 0.30% 0.00%

-0.11% 0.04% 0.10% -0.06% -0.25% 0.05% 0.11% -0.06% 0.06% 0.06% 0.12% -0.06% -0.34% 0.06% 0.12% -0.06% -0.34% 0.11% 0.16% -0.05% -0.30% 0.20% 0.21% -0.01% -0.20% 0.35% 0.28% 0.07% -0.35% 0.50% 0.36% 0.14%

0.04% 0.19% 0.21% -0.01% -0.10% 0.20% 0.24% -0.04% 0.25% 0.25% 0.29% -0.04% -0.10% 0.30% 0.33% -0.03% -0.24% 0.21% 0.24% -0.03% -0.20% 0.30% 0.28% 0.02% -0.10% 0.45% 0.34% 0.11% -0.23% 0.62% 0.42% 0.20%

0.04% 0.19% 0.24% -0.05% -0.10% 0.20% 0.25% -0.05% 0.21% 0.21% 0.26% -0.05% -0.18% 0.22% 0.27% -0.05% -0.14% 0.31% 0.37% -0.06% -0.12% 0.38% 0.43% -0.05% -0.02% 0.53% 0.56% -0.03% -0.18% 0.67% 0.65% 0.02%

-0.05% 0.10% 0.25% -0.15% -0.20% 0.10% 0.25% -0.15% 0.10% 0.10% 0.30% -0.20% -0.30% 0.10% 0.30% -0.20% -0.25% 0.20% 0.35% -0.15% -0.25% 0.25% 0.40% -0.15% -0.10% 0.45% 0.50% -0.05% -0.35% 0.50% 0.65% -0.15%

0.40% 0.40% 0.00% 0.45% 0.45% 0.00% 0.45% 0.45% 0.00% 0.50% 0.50% 0.00% 0.55% 0.55% 0.00% 0.85% 0.85% 0.00%

DEPOSIT ACTIVITY DEPOSIT HISTORY

TOTAL TIME DEPOSIT ACTIVITY

600MM

3.60

-$33 1.25%

+$31 0.42%

-$32 0.82%

400MM

2.40

$114 0.98%

$112 0.75%

200MM

1.20

0

0.00

Dec-17

Jun-18

Dec-18

Jun-19

Dec-19

Jun-20

9/30/2020

MATURITIES

NEW

12/31/2020

MATURITIES 1/1/2021 TO 3/31/2021

NMD

TD

NMD Cost

TD Cost

Total Cost

Cloyd Bank & Trust - Page 17