CMS Case Study

5 Year NII Simulation - Alt. Ramp Scenarios - 6/30/2021

Base Simulation as of 06/30/2021

Base Simulation as of 03/31/2021

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

6,500

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

5,750

5,000

4,250

3,500

2,750

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

Flat Up 200BP

Up 200BP

Base

Down 100BP

Flat Up 200BP

Up 200BP

Base

Down 100BP

NII RESULTS

YEAR 1 20,813 20,922 20,721 20,375

YEAR 2 19,287 19,621 18,315 17,091

YEAR 3 19,839 20,366 17,466 15,676

YEAR 4 20,538 21,256 16,771 14,693

YEAR 5 21,190 22,091 16,410 14,156

YEAR 1 20,491 20,580 19,980 19,734

YEAR 2 20,138 20,298 18,312 17,402

YEAR 3 21,015 21,120 17,513 16,110

YEAR 4 21,963 22,001 16,855 15,139

YEAR 5 22,843 22,850 16,557 14,623

FLAT UP 200BP

FLAT UP 200BP

UP 200BP

UP 200BP

BASE

BASE

DOWN 100BP

DOWN 100BP

Cloyd Bank & Trust - Page 22