Vantage Point Banking Copilot

Reference Data — Tax-Exempt Construction Bond (Actual Model Output)

Baseline Tax-Equivalent Value

$18,837,771

Baseline Price to Par

109.3%

+200bps Change

-9.22%

-200bps Change

+9.28%

Pass-Through Rate

4.350%

TEY @ 25% Tax

5.800%

TEY @ 21% Tax

5.506%

Model

Intertemporal SOFR Projection

Tax-Exempt Bond Valuation — Parallel Rate Shift Analysis

Short Rates Model 1: Parallel Shift — Intertemporal SOFR Projection

Investment Parameters

Investment Name

Face / Principal ($)

From P&I Schedule

Pass-Through Rate (%)

Pass-through Rate

Tax Bracket (%)

Federal effective tax rate

Tax-Equivalent Yield (%)

✓ Auto: Pass-Thru ÷ (1 − Tax Rate)

Baseline Discount Rate (%)

Market rate for GNMA pricing (e.g. SOFR + spread)

WAM — Remaining (years)

PSA Prepayment Speed (%)

100=standard, 150=faster

Shock Increment

SOFR Forward Rate Curve — Live Yield Curve Dashboard

Real-time SOFR swap rates • Bootstrapped zero & forward curves • Treasury comparison • Curve shape analysis

Live Rates

Uses your saved access code • Pulls current SOFR swap rates & Treasury yields

Enter access code and click to pull current market rates

Spot SOFR

—

Overnight rate

2Y Swap Rate

—

Short end

5Y Swap Rate

—

Mid curve

10Y Swap Rate

—

Long end

2Y–10Y Spread

—

Curve shape

Curve Shape

—

Assessment

SOFR/OIS Swap Rates (% Mid)

As of Date

Spot SOFR

1 Year

2 Year

3 Year

4 Year

5 Year

6 Year

7 Year

8 Year

9 Year

10 Year

12 Year

15 Year

20 Year

25 Year

30 Year

US Treasury Yields (%) — for Spread Analysis

3 Month

6 Month

1 Year

2 Year

3 Year

5 Year

7 Year

10 Year

20 Year

30 Year

Fed Funds Futures — Implied Path

Expiry	Implied FFR	SOFR-FFR Sprd
6 Mo	3.880%	-0.81
1 Yr	3.515%	-0.55
1.5 Yr	3.275%	-0.20
2 Yr	3.335%	+0.02
2.5 Yr	3.480%	+0.24

Yield Curve — SOFR Swap / Zero / Forward + Treasury

As of: —

Bootstrapped Curve Table

Spread Analysis & ALCO Implications

Reference Data — Margin Risk Tolerance | Your Institution | March 31, 2026 — Q1

Avg Earning Assets (Proj)

$5,058,918K

Min Required Margin (FTE)

$6,825K (0.13%)

Current Margin (Flat Rates)

($10,491K) (-0.21%)

Risk Tolerance

($3,666K) (-0.07%)

Neg Limit

≤ -1.50%

Pos Limit

≤ +2.00%

Margin Risk Tolerance — ALCO Package & Rate Stress Test

Pre-populated: Your Institution | Q1 2026 | March 31, 2026

Institution

Institution Name

Report Date

Quarter

Projected Growth Rate (%)

Balance Sheet ($000s)

Total Assets — Current Qtr ($000)

Average Assets ($000)

Average Earning Assets ($000)

Tier 1 Capital ($000)

Income Statement ($000s, Ann.)

Non-Interest Income ($000)

Non-Interest Expense ($000)

Loan Loss Provision ($000)

Effective Tax Rate (%)

Dividends ($000)

Current NIM under Flat Rates (%)

Current position, can be negative

Policy Limits

Max Negative NIM Change (%)

Max Positive NIM Change (%)

Reference Data — Exhibit I: GNMA & Tax Savings Discount Rate Calculation

Pass-Through Rate

4.350%

Effective Yield

4.35%

12yr AAA Muni Yield

3.57%

Comparable Muni Yield

3.55%

10yr AAA Corporate

4.24%

Credit Adj (50%)

-0.03%

Municipal Bond TEY & Market Rate Analysis

Municipal bond TEY, credit quality analysis, and market rate comparison

Bond Parameters

Bond / Investment Name

Coupon / Pass-Through Rate (%)

Maturity (years)

Purchase Price (% of par)

Face Value ($)

Percentage Point Paid at Closing

After-Tax Yield Adjustment (%)

Sector

Tax Rates & Comparables

Federal Tax Rate (%)

State Tax Rate (%)

12yr AAA Muni Yield (%)

Credit Quality Adj (%)

Liquidity Adjustment (%)

Treasury — Same Maturity (%)

Agency / FHLB Yield (%)

IG Corporate Bond Yield (%)

Reference Data — First Mortgage Loan P&I Schedule (Page 19)

Principal

$17,240,000

Interest Rate

4.600%

MIP Rate

0.250%

Annual P&I Payment

$1,060,558.67

Monthly Payment

$88,379.89

Total Interest Paid

$13,017,086.87

First Mortgage Loan P&I / Amortization Schedule

Pre-populated with HUD 221(d)4 loan reference data

Loan / Project Name

Principal Amount ($)

Interest Rate (%)

MIP Rate (% — 0 if none)

Total Term (months)

Interest-Only Period (months)

Amortization Start Date

Display Mode

Construction Bond — Economic Value Analysis (EVA)

Floating-rate construction / Fixed-rate takeout structure • ±400 bps shock • w/ and w/o Accumulated Interest

Holding Period

Enter any year · 0 = Full WAM

yrs

How this model works: The EVA (Economic Value Analysis) measures the present value of a tax-exempt bond's cash flows discounted at the bank's cost of funds — quantifying the true economic benefit relative to what the bank pays for funding. A positive EVA above par means the bond earns more than it costs to hold. Rate shock scenarios show how rising or falling rates compress or expand that spread, helping ALCO make disciplined hold-vs-sell and duration decisions.

Multi-Deal Comparison (up to 3 deals — enter data below)

Deal 1

Deal Name

As of Date

Par Amount ($)

Tax Status

GNMA Pass-Thru Rate (%)

Tax Rate for TEY (%)

Q1 Cost of Funds (%)

Bond Rate: SOFR Spread (%)

Bond Floor (%)

Bond Ceiling (%)

AAA Muni Rate (%)

CAF Date

Construction Period (months)

Permanent WAM (years)

Development Fee ($)

Deal 2

Deal Name

As of Date

Par Amount ($)

Tax Status

GNMA Pass-Thru Rate (%)

Tax Rate for TEY (%)

Q1 Cost of Funds (%)

Bond Rate: SOFR Spread (%)

Bond Floor (%)

Bond Ceiling (%)

AAA Muni Rate (%)

CAF Date

Construction Period (months)

Permanent WAM (years)

Development Fee ($)

Deal 3

Deal Name

As of Date

Par Amount ($)

Tax Status

GNMA Pass-Thru Rate (%)

Tax Rate for TEY (%)

Q1 Cost of Funds (%)

Bond Rate: SOFR Spread (%)

Bond Floor (%)

Bond Ceiling (%)

AAA Muni Rate (%)

CAF Date

Construction Period (months)

Permanent WAM (years)

Development Fee ($)

Rate Shock Configuration

Current SOFR (%)

Shock Scenarios (bps, comma-separated)

Key Shock for Summary (+bps)

Macroeconomic Indicators

Banking Intelligence Platform

Reference Data — Tax-Exempt Construction Bond (Actual Model Output)

Reference Data — Margin Risk Tolerance | Your Institution | March 31, 2026 — Q1

Reference Data — Exhibit I: GNMA & Tax Savings Discount Rate Calculation

Reference Data — First Mortgage Loan P&I Schedule (Page 19)