CMS Case Study

Stress Test: Alternative Time Deposit Sensitivity - 9/30/2021

Stress Test: Alternative Time Deposit Sensitivity

Base Simulation as of 09/30/2021

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

7,825

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

7,075

6,325

5,575

4,825

4,075

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 Up 200BP

Base

Up 400BP 24M Up 200BP

Base

NII RESULTS

Y1

Y2

Y3

Y4

Y5

Y1

Y2

Y3

Y4

Y5

Y1

Y2

Y3

Y4

Y5

UP 400BP 24M

21,184 19,840 21,019 23,895 26,400 21,104 20,492 21,519 22,758 23,861 21,499 20,401 19,800 19,416 19,297

-68 -387 -705 -792 -924 21,252 20,227 21,724 24,687 27,324 -68 -313 -382 -396 -462 21,172 20,805 21,900 23,154 24,323

UP 200BP

0

0

0

0

0 21,499 20,401 19,800 19,416 19,297

BASE

DIFFERENCE

1. In the Up 200bps and Up 400bps scenarios, time deposit rates equal the fully indexed FHLB advance rates. 2. Please refer to the Stress Test Methodology page for additional documentation.

Cloyd Bank & Trust - Page 46