CMS Case Study

Stress Test: Loan Pricing – 75% Loan Betas

Base Simulation as of 06/30/2021

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

7,475

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

6,625

5,775

4,925

4,075

3,225

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 Flat Up 200BP

Up 200BP

Base

Up 400BP 24M Flat Up 200BP

Up 200BP

Base

NII RESULTS

Y1

Y2

Y3

Y4

Y5

Y1

Y2

Y3

Y4

Y5

Y1

Y2

Y3

Y4

Y5

UP 400BP 24M FLAT UP 200BP

20,863 18,818 19,478 21,407 23,152 20,686 18,751 19,015 19,483 19,935 20,785 19,043 19,465 20,094 20,705 20,721 18,315 17,466 16,771 16,410

-137 -742 -1,503 -2,117 -2,637 21,000 19,560 20,981 23,524 25,789 -127 -536 -824 -1,056 -1,254 20,813 19,287 19,839 20,538 21,190 -137 -578 -901 -1,162 -1,386 20,922 19,621 20,366 21,256 22,091

UP 200BP

0

0

0

0

0 20,721 18,315 17,466 16,771 16,410

BASE

DIFFERENCE

1. In the rising rate scenarios, assume all new volume loan origination rates have a beta of 75%. 2. Please refer to the Stress Test Methodology page for additional documentation.

Cloyd Bank & Trust - Page 41