Bank Analysis School - September 2023

Internal Use Only

How would the Net Interest Margin React to Falling Interest Rates?

(Chat storm)

Internal Use Only

How would the Net Interest Margin React to Falling Interest Rates?

Fritos Bank Net Interest Margin Through Rate Cycles

1.0% 2.0% 3.0% 4.0% 5.0% 6.0%

2023Q2 4.33%

State Average NIM

2021Q3 3.22%

Fritos NIM

Fed Funds Rate

2021Q3 1.98%