CMS Case Study

Core Funding Utilization - 3/31/2021

34%

43%

56%

60%

 DOWN 100BP

 UP 200BP

 UP 400BP 24M

BASE

% UTILIZATION

BASE

 DOWN 100BP

 UP 200BP

 UP 400BP 24M

ASSETS > 60 MONTHS

164,589

131,222

206,102

217,988

CORE FUNDING VOLUME

EXCESS

VOLUME

EXCESS

VOLUME

EXCESS

VOLUME

EXCESS

EQUITY

65,734

0 0

65,734

0 0

65,734

0 0

65,734

0 0

OTHER LIABILITIES

2,430

2,430

2,430

2,430

DDA NOW

186,988 81,755 29,110

90,563 172,318 201,428 201,428

186,988 81,755 29,110

123,929 205,684 234,794 234,794

186,988 81,755 29,110

49,050 130,805 159,915 159,915

186,988 81,755 29,110

37,164 118,919 148,029 148,029

SAVINGS

OTHER DEPOSITS

0

0

0

0

221,428

254,794

159,915

148,029

BORROWINGS

20,000

20,000

0

0

TOTAL CORE FUNDING 386,017

386,017

366,017

366,017

ASSETS >60M 164,589 122,346 109,040 98,240 102,346

CORE FUNDING

ASSETS >60M 131,222 104,529 97,278 89,951 87,086

CORE FUNDING

ASSETS >60M 206,102 164,540 150,193 143,285 143,915

CORE FUNDING

ASSETS >60M 217,988 176,158 162,475 152,726 148,127

CORE FUNDING

% UTIL

% UTIL

% UTIL

% UTIL

MAR-21 DEC-20 SEP-20 JUN-20 MAR-20

386,017 345,030 312,186 308,316 266,830

43% 35% 35% 32% 38%

386,017 345,030 312,186 308,316 266,830

34% 30% 31% 29% 33%

366,017 325,030 292,186 288,316 246,830

56% 51% 51% 50% 58%

366,017 325,030 292,186 288,316 246,830

60% 54% 56% 53% 60%

1. Core funding utilization measures the long term structural position of the balance sheet (i.e. EVE simulation) and quantifies the degree to which the Bank utilizes long-term (i.e. >5-years) funding sources to support long-term assets. The cumulative excess may be used as an indicator of the Bank's capacity to add additional long-term assets.

Cloyd Bank & Trust - Page 30