CMS Case Study

Core Funding Utilization - 9/30/2020

31%

35%

51%

56%

 DOWN 100BP

 UP 200BP

 UP 400BP 24M

BASE

% UTILIZATION

BASE

 DOWN 100BP

 UP 200BP

 UP 400BP 24M

ASSETS > 60 MONTHS

109,040

97,278

150,193

162,475

CORE FUNDING VOLUME

EXCESS

VOLUME

EXCESS

VOLUME

EXCESS

VOLUME

EXCESS

EQUITY

65,809

0 0

65,809

0 0

65,809

0 0

65,809

0 0

OTHER LIABILITIES

3,556

3,556

3,556

3,556

DDA NOW

137,512 63,181 22,127

97,838 161,019 183,146 183,146

137,512 63,181 22,127

109,599 172,780 194,907 194,907

137,512 63,181 22,127

56,684 119,865 141,992 141,992

137,512 63,181 22,127

44,402 107,583 129,710 129,710

SAVINGS

OTHER DEPOSITS

0

0

0

0

203,146

214,907

141,992

129,710

BORROWINGS

20,000

20,000

0

0

TOTAL CORE FUNDING 312,186

312,186

292,186

292,186

ASSETS >60M 109,040 98,240 102,346 107,473 111,633

CORE FUNDING

ASSETS >60M

CORE FUNDING

ASSETS >60M 150,193 143,285 143,915 150,615 155,293

CORE FUNDING

ASSETS >60M 162,475 152,726 148,127 154,254 158,432

CORE FUNDING

% UTIL

% UTIL

% UTIL

% UTIL

SEP-20 JUN-20 MAR-20 DEC-19

312,186 308,316 266,830 243,955 240,881

35% 32% 38% 44% 46%

97,278 89,951 87,086 91,346 96,968

312,186 308,316 266,830 243,956 240,881

31% 29% 33% 37% 40%

292,186 288,316 246,830 233,956 230,881

51% 50% 58% 64% 67%

292,186 288,316 246,830 233,956 230,881

56% 53% 60% 66% 69%

SEP-19

1. Core funding utilization measures the long term structural position of the balance sheet (i.e. EVE simulation) and quantifies the degree to which the Bank utilizes long-term (i.e. >5-years) funding sources to support long-term assets. The cumulative excess may be used as an indicator of the Bank's capacity to add additional long-term assets.

Cloyd Bank & Trust - Page 31