CMS Case Study

2 Year Net Income (NI) Simulation - 12M Ramps - 9/30/2020

Net Income Simulation

Monthly Net Income (NI) Projections

575

YEAR 1

YEAR 2

500

425

350

275

200

M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12 M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12

Up 200BP

Base

Down 100BP

NI RESULTS

YEAR 1

YEAR 2

UP 200BP

5,698 5,245 5,151

5,749 4,310 4,026

BASE

DOWN 100BP

1. Year 1: Non-interest Income= $3.3MM, Non-interest Expense= $14.4MM, Provision= $1.2MM. 2. Year 2: Non-interest Income= $3.3MM, Non-interest Expense= $14.4MM, Provision= $1.2MM.

Cloyd Bank & Trust - Page 27