CMS Case Study

Stress Test: Non-BKFS Prepayment Assumptions - 03/31/2021

Stress Test: Non-BKFS Prepayment Assumptions

Base Simulation as of 03/31/2021

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

8,200

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

7,050

5,900

4,750

3,600

2,450

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 Up 200BP

Base

Down 100BP

Up 400BP 24M Up 200BP

Base

Down 100BP

NII RESULTS

Y1

Y2

Y3

Y4

Y5

Y1

Y2

Y3

Y4

Y5

Y1

Y2

Y3

Y4

Y5

UP 400BP 24M

20,639 20,509 22,273 24,664 26,948 20,574 20,217 20,963 21,790 22,651 19,895 18,130 17,315 16,723 16,473 19,596 17,001 15,690 14,890 14,497

-6 -110 -306 -441 -427 20,645 20,619 22,579 25,105 27,375 -82 -157 -211 -199 20,580 20,298 21,120 22,001 22,850 -6

UP 200BP

-85 -182 -198 -132

-84 19,980 18,312 17,513 16,855 16,557

BASE

DOWN 100BP

-138 -401 -420 -249 -126 19,734 17,402 16,110 15,139 14,623 DIFFERENCE

1. In the Base and Down 100bps scenarios, projected non-BKFS loan prepayment speeds (C&I, CRE, Ag, Ag RE) are increased. 2. In all rising rate scenarios, projected non-BKFS loan prepayment speeds are slowed. 3. Please refer to the Stress Test Methodologies page for additional documentation.

Cloyd Bank & Trust - Page 46