CMS Case Study

Deposit Pricing & Activity Analysis - 6/30/2021

SHORT TERM RATES as of 08/13/2021 & NON-MATURITY DEPOSIT RATES as of 08/11/2021

MARKET RATES

NOW

SAVINGS

MMDA

CURRENT PRIOR Δ

CURRENT PRIOR Δ

CURRENT PRIOR Δ 0.05% 0.05% 0.00% 0.05% 0.05% 0.00%

CURRENT PRIOR Δ 0.15% 0.15% 0.00% 0.30% 0.30% 0.00% 0.15% 0.15% 0.00%

Cloyd MMDA Low Tier Cloyd MMDA High Tier Business MMDA Low Tier Business MMDA High Tier

Cloyd Savings Business Savings

Fed Funds Target 1 Month LIBOR 1 Month CMT 1 Month FHLB 3 Month LIBOR 3 Month CMT 3 Month FHLB 3 Month Brokered

0.25% 0.25% 0.00% 0.09% 0.10% -0.01% 0.04% 0.01% 0.03% 0.18% 0.15% 0.03% 0.12% 0.16% -0.03% 0.06% 0.01% 0.05% 0.19% 0.16% 0.03% 0.20% 0.20% 0.00% 0.06% 0.07% -0.01%

Prime NOW 23% of Prime

0.75% 0.75% 0.00% 0.05% 0.05% 0.00% 0.05% 0.05% 0.00% 3.00% 3.00% 0.00%

Select NOW

Business NOW

Kasasa up to $15K upon qualification

0.30% 0.30% 0.00%

Money Fund(Taxable Act)

TERM RATES as of 08/13/2021 & TIME DEPOSIT RATES as of 08/11/2021

BANK CD

TREASURY

LIBOR/SWAP

FHLB ATLANTA

BROKERED CD

TERM CURRENT PRIOR Δ

VS  BANK CURRENT PRIOR

Δ

VS  BANK CURRENT PRIOR

Δ

VS  BANK CURRENT PRIOR Δ 0.09% 0.19% 0.16% 0.03% 0.05% 0.20% 0.18% 0.02% 0.21% 0.21% 0.18% 0.03% -0.09% 0.21% 0.19% 0.02% 0.06% 0.41% 0.34% 0.07% 0.23% 0.63% 0.52% 0.11% 0.42% 0.87% 0.80% 0.07% 0.36% 1.01% 1.01% 0.00%

VS  BANK CURRENT PRIOR

Δ

3 Month 6 Month 9 Month 12 Month 18 Month 24 Month 36 Month 48 Month 60 Month

0.10% 0.10% 0.00% 0.15% 0.15% 0.00%

-0.04% 0.06% 0.01% 0.05% -0.10% 0.05% 0.03% 0.02% 0.07% 0.07% 0.05% 0.02% -0.22% 0.08% 0.06% 0.02% -0.12% 0.23% 0.16% 0.07% 0.04% 0.44% 0.33% 0.11% 0.16% 0.62% 0.57% 0.04% 0.14% 0.79% 0.82% -0.03%

0.02% 0.12% 0.16% -0.03% 0.01% 0.16% 0.19% -0.03% 0.20% 0.20% 0.23% -0.03% -0.06% 0.24% 0.27% -0.03% -0.05% 0.30% 0.26% 0.04% 0.13% 0.53% 0.45% 0.08% 0.27% 0.72% 0.68% 0.04% 0.21% 0.86% 0.90% -0.04%

0.10% 0.20% 0.20% 0.00% 0.05% 0.20% 0.20% 0.00% 0.20% 0.20% 0.20% 0.00% -0.10% 0.20% 0.20% 0.00% -0.05% 0.30% 0.30% 0.00% -0.05% 0.35% 0.40% -0.05% 0.10% 0.55% 0.60% -0.05% 0.10% 0.75% 0.80% -0.05%

0.30% 0.30% 0.00% 0.35% 0.35% 0.00% 0.35% 0.35% 0.00% 0.40% 0.40% 0.00% 0.45% 0.45% 0.00% 0.65% 0.65% 0.00%

DEPOSIT ACTIVITY DEPOSIT HISTORY

TOTAL TIME DEPOSIT ACTIVITY

750MM

3.60

-$24 0.57%

+$22 0.26%

500MM

2.40

-$30 0.45%

$107 0.63%

$104 0.57%

250MM

1.20

0

0.00

Jun-18

Dec-18

Jun-19

Dec-19

Jun-20

Dec-20

3/31/2021

MATURITIES

NEW

6/30/2021

MATURITIES 7/1/2021 TO 9/30/2021

NMD

TD

NMD Cost

TD Cost

Total Cost

Cloyd Bank & Trust - Page 17