CMS Case Study

Stress Test: Non-Maturity Deposit Migration - 9/30/2020

Stress Test: Non-Maturity Deposit Migration

Base Simulation as of 09/30/2020

Quarterly Net Interest Income (NII) Projections

Quarterly Net Interest Income (NII) Projections

7,500

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

6,575

5,650

4,725

3,800

2,875

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

19,220 17,894 17,361 19,554 21,831 19,133 17,915 17,810 18,598 19,337 18,727 17,560 16,316 15,698 15,266

-152 -1,683 -3,406 -3,625 -3,613 19,372 19,577 20,767 23,178 25,445 -152 -1,440 -1,806 -1,812 -1,807 19,285 19,355 19,617 20,411 21,144

UP 200BP

0

0

0

0

0 18,727 17,560 16,316 15,698 15,266

BASE

DIFFERENCE 1. In the Up 200bps and Up 400bps scenarios 25% of non-maturity deposits shift into a 1 Y FHLB advance evenly over months 7-18. 2. Please refer to the Stress Test Methodology page for additional documentation.

Cloyd Bank & Trust - Page 42