CMS Case Study

Loan Cap Report 12m 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

9/30/2020

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 0.13

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

4,299

498

4 32,794 37,595 37,907 75,503

1 Month LIBOR

--

--

--

--

--

905 905

Total

4,299

498

4 32,794 37,595 38,812 76,407

12M 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

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

-- -- --

1,957

4,059

-498

397

-3,436 2,479 -13,199 -10,719

1 Month LIBOR

-0.04

--

--

--

--

--

--

622

622

Total

1,957

4,059

-498

397

-3,436 2,479 -12,577 -10,098

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 61