CMS Case Study

Loan Cap Report 3m Comparison - 6/30/2021

6/30/2021

IN THE MONEY

OUT OF THE MONEY

Floating WSJ Prime

INDEX RATE >200 BP 200-151 BP 150-101 BP 100-51 BP 50-1 BP Total AT CAP 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total

NO CAP TOTAL

3.25 0.10

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

1,145

7,523

15

353 28,068 37,104 33,932 71,035

1 Month LIBOR

--

--

--

--

--

--

1,531 1,531

Total

1,145

7,523

15

353 28,068 37,104 35,463 72,566

3/31/2021

IN THE MONEY

OUT OF THE MONEY

Floating WSJ Prime

INDEX RATE >200 BP 200-151 BP 150-101 BP 100-51 BP 50-1 BP Total AT CAP 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total

NO CAP TOTAL

3.25 0.10

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

690

6,339

15

2 28,720 35,766 34,106 69,873

1 Month LIBOR

--

--

--

--

--

--

1,478 1,478

Total

690

6,339

15

2 28,720 35,766 35,584 71,351

3M VARIANCE

IN THE MONEY

OUT OF THE MONEY

Floating WSJ Prime

RATE VAR. >200 BP 200-151 BP 150-101 BP 100-51 BP 50-1 BP Total AT CAP 1-50 BP 51-100 BP 101-150 BP 151-200 BP >200 BP Total NO CAP TOTAL

0 0

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

454

1,184

0

352

-652 1,337

-174 1,163

1 Month LIBOR

--

--

--

--

--

--

53

53

Total

454

1,184

0

352

-652 1,337

-122 1,215

1. Loans with caps greater than 25% are assumed to have "No Cap". Non-Accrual loans are excluded from the report. 2. Adjustable loans have repricing frequencies greater than 6 months and reprice within 12 months of the model’s as-of-date. 3. Floating Loans have a repricing frequency 1, 3 or 6 months and reprice within 6 months of the model’s as-of-date.

Cloyd Bank & Trust - Page 56