CMS Case Study

Loan Cap Report 3m Comparison - 9/30/2021

9/30/2021

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 0.09

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

1,957

8,358

-- -- --

401 29,359 40,075 24,709 64,783

1 Month LIBOR

--

--

--

--

--

1,526 1,526

Total

1,957

8,358

401 29,359 40,075 26,235 66,309

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

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

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

812

836

-15

47

1,291 2,971 -9,223 -6,252

1 Month LIBOR

-0.01

--

--

--

--

--

--

-5

-5

Total

812

836

-15

47

1,291 2,971 -9,228 -6,257

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 60