CMS Case Study

Alternative EVE Graph - Remove Functional Costs on Deposits - 12/31/2020

Rate Shock Scenarios

ASSETS

0 Shock

+100BP

+200BP

+300BP

+400BP

-100BP

BOOK

Investments

263,690 405,939 50,239 719,869 -0.80% 495,426 111,654 41,996

267,808 412,722 50,239 730,770

263,836 411,621 50,239 725,697

258,734 403,547 50,239 712,521 -1.82% 458,132 110,854 42,015

251,825 395,201 50,239 697,265 -3.92% 442,067 109,675 42,041

244,196 387,592 50,239 682,028 -6.02% 427,211 108,531 42,067

236,583 380,352 50,239 667,175 -8.06% 413,452 107,421 42,067

Loans

Other Assets Total Assets

% Change from 0 Shock LIABILITIES Non-Maturity Deposits

0.70%

491,420 112,384 40,317

475,534 112,068 41,552

Time Deposits

Borrowings

Other Liabilities Total Liabilities

4,347

4,347

4,347

4,347

4,347

4,347

4,347

653,422

648,467

633,500

615,347 -2.87%

598,129 -5.58%

582,156 -8.10%

567,286 -10.45%

% Change from 0 Shock

3.14%

2.36%

ECONOMIC VALUE OF EQUITY (EVE)

66,446

82,303

92,196

97,173

99,136

99,872

99,889

EVE % Change from 0 Shock

-10.7% -10.0%

5.4%

7.5%

8.3%

8.3%

Policy Limits

-10.0%

-20.0%

-30.0%

-40.0%

EVE Ratio (EVE/EVA)

9.2%

11.3%

12.7%

13.6%

14.2%

14.6%

15.0%

Policy Limits

6.0%

6.0%

6.0%

6.0%

6.0%

EVE Ratio BP Change from 0 Shock

-144

93

151

194

227

EVE % Change from 0 Shock

EVE Ratio (EVE/EVA)

EVE Ratio BP Change from 0 Shock

20.0%

20.0%

300

200

15.0%

0.0%

100

10.0%

-20.0%

0

5.0%

-40.0%

-100

0.0%

-60.0%

-200

Policy Limit -100BP +100BP +200BP +300BP +400BP

-100BP

0 Shock

+100BP

+200BP

+300BP

+400BP

-100BP +100BP +200BP +300BP +400BP

Policy Limit

*The average life on non-maturity deposits is assumed to be 5 years

1. Remove functional costs on all retail deposits 2. Please refer to the Stress Test Methodology page for additional documentation.

Cloyd Bank & Trust - Page 45