CMS Case Study

5 Year NII Simulation - 12M Ramps YOY Comparison - 12/31/2020

Base Simulation as of 12/31/2020

Base Simulation as of 12/31/2019

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

6,425

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

5,650

4,875

4,100

3,325

2,550

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Up 200BP

Base

Down 100BP

Up 200BP

Base

Down 100BP

NII RESULTS

Y1

Y2

Y3

Y4

Y5

Y1

Y2

Y3

Y4

Y5

Y1

Y2

Y3

Y4

Y5

UP 200BP

19,702 19,997 20,839 21,627 22,386 18,789 17,151 16,317 15,631 15,242 18,619 16,629 15,584 14,762 14,302

2,162 2,619 2,465 2,278 2,248 17,540 17,378 18,374 19,348 20,138 11 -509 -934 -1,078 17,642 17,140 16,827 16,564 16,320

1,146 1,125

BASE

DOWN 100BP

253

379

506

789 17,494 16,377 15,205 14,256 13,512

DIFFERENCE

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