CMS Case Study

5 Year NII Simulation - Alt. Ramp Scenarios - 12/31/2020

Base Simulation as of 12/31/2020

Base Simulation as of 09/30/2020

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

6,375

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

5,675

4,975

4,275

3,575

2,875

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

Yield Curve Twist

Up 200BP

Base

Down 100BP

Yield Curve Twist

Up 200BP

Base

Down 100BP

NII RESULTS

YEAR 1 19,221 19,702 18,789 18,619

YEAR 2 18,848 19,997 17,151 16,629

YEAR 3 19,836 20,839 16,317 15,584

YEAR 4 20,920 21,627 15,631 14,762

YEAR 5 21,947 22,386 15,242 14,302

YEAR 1 19,064 19,285 18,727 18,608

YEAR 2 18,644 19,355 17,560 17,200

YEAR 3 18,673 19,617 16,316 15,792

YEAR 4 19,705 20,411 15,698 15,072

YEAR 5 20,708 21,144 15,266 14,576

YIELD CURVE TWIST

YIELD CURVE TWIST

UP 200BP

UP 200BP

BASE

BASE

DOWN 100BP

DOWN 100BP

Cloyd Bank & Trust - Page 22