CMS Case Study

5 Year NII Simulation - Rising & Falling Rate Ramp Scenarios - 12/31/2020

Rising Rate Scenarios as of 12/31/2020

Falling Rate Scenarios as of 12/31/2020

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

8,375

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

7,175

5,975

4,775

3,575

2,375

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 400BP 24M

Yield Curve Twist

Up 200BP 24M

Up 200BP

Base

Base

Down 100BP

NII RESULTS

YEAR 1 19,784 19,221 19,373 19,702 18,789

YEAR 2 20,609 18,848 19,066 19,997 17,151

YEAR 3 23,058 19,836 20,021 20,839 16,317

YEAR 4 25,621 20,920 21,048 21,627 15,631

YEAR 5 27,873 21,947 22,010 22,386 15,242

YEAR 1 18,789 18,619

YEAR 2 17,151 16,629

YEAR 3 16,317 15,584

YEAR 4 15,631 14,762

YEAR 5

UP 400BP 24M

15,242 14,302

BASE

YIELD CURVE TWIST

DOWN 100BP

UP 200BP 24M

UP 200BP

BASE

Cloyd Bank & Trust - Page 24