CMS Case Study

5 Year NII Simulation - Rising & Falling Rate Ramp Scenarios - 9/30/2020

Rising Rate Scenarios as of 9/30/2020

Falling Rate Scenarios as of 9/30/2020

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

7,525

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

6,550

5,575

4,600

3,625

2,650

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

Yield Curve Twist

Up 200BP 24M

Up 200BP

Base

Base

Down 100BP

NII RESULTS

YEAR 1 19,372 19,064 19,135 19,285 18,727

YEAR 2 19,577 18,644 18,740 19,355 17,560

YEAR 3 20,767 18,673 18,841 19,617 16,316

YEAR 4 23,178 19,705 19,847 20,411 15,698

YEAR 5 25,445 20,708 20,783 21,144 15,266

YEAR 1 18,727 18,608

YEAR 2 17,560 17,200

YEAR 3 16,316 15,792

YEAR 4 15,698 15,072

YEAR 5

UP 400BP 24M

15,266 14,576

BASE

YIELD CURVE TWIST

DOWN 100BP

UP 200BP 24M

UP 200BP

BASE

Cloyd Bank & Trust - Page 24