CMS Case Study

Cloyd Bank & Trust as of 6/30/2021

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Section I ‐ Executive Summary Current Position Assessment

Section IV ‐ Strategy Development Strategy Formulation Summary of Potential Strategies

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Executive Risk Summary

Balance Sheet Mix

Surge Deposit Runoff

Historical Balance Sheet & NII Inventory of Liquidity Resources

Section V ‐ Stress Test Analysis

Capital Analysis

Loan Pricing Stress Methodology

40 41

Stress Test: Loan Pricing – 75% Loan Betas

Section II ‐ Liquidity & Cash Flow Analysis Basic Surplus Report

Stress Test: Loan Pricing – Reduce Loan Replacement Rates 25bps

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Liquidity Projection Investment Cash Flows

Appendix

Derivatives Market Indications

44 46 47 48 50 56 57 58 59 60 63

Loan Cash Flows

Market Rate Summary

Wholesale Funding Maturities

NII Reconciliation

Time Deposit Migration

Summary of Simulation Assumption Methodologies

Deposit Pricing & Activity Analysis

Summary of Rates

Loan Cap Report 3m Comparison Loan Cap Report 12m Comparison Loan Floor Report 3m Comparison Loan Floor Report 12m Comparison Detailed Simulation Assumptions

Section III ‐ Interest Rate Risk 2 Year Net Interest Income ﴾NII﴿ Simulation ‐ 12M Ramps

5 Year NII Simulation ‐ 12M Ramps

5 Year NII Simulation ‐ 12M Ramps YOY Comparison 5 Year NII Simulation ‐ Alt. Ramp Scenarios 5 Year NII Simulation ‐ Alt. Ramp Scenarios Cont. 5 Year NII Simulation ‐ Rising & Falling Rate Ramp Scenarios 5 Year NII Simulation ‐ Alt. Delayed Ramp Scenarios

Balance Sheet Comparison

5 Year NII Simulation ‐ Parallel Shock Scenarios 2 Year Net Income ﴾NI﴿ Simulation ‐ 12M Ramps

Yield Curve Assumptions

Economic Value of Equity ﴾EVE﴿ Summary Graphs and Charts

Core Funding Utilization

Funding Matrix

Disclaimer The information contained herein consists of data supplied by various third parties, and by the institution itself. While Darling Consulting Group ﴾DCG﴿ obtains the data from sources we believe to be reliable, we do not guarantee its accuracy. It is the responsibility of the user to independently verify all information contained in the report.

Static Gap