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Proposed Analysis Statement <br />City of Ramsey RFP <br />Balance and Compensation Information - Balance information is estimated. Our knowledge <br />For purposes of this proposal we assumed $2MM in the operating account and $1MM would be in a <br />Average Daily Ledger Balance <br />Less Average Daily Float <br />Average Daily Collected Balance <br />Less Legal Reserve Requirement (10%) <br />Balance Available for Earnings Credit <br />Analyzed Position <br />Earnings on Available Balances <br />Less Total Monthly Service Charges <br />Analyzed Charges Due After Earnings Credit <br />Balance Shortage for the Current Period <br />Net Additional Recommended Service Charges <br />Analyzed Charges Due After Earnings Credit as Recommended <br />OF <br />TIIE <br />ST <br />Prepared October2012 <br />of the average deposits is around $3MM <br />Savings Account .05% <br />ECR <br />0.46% <br />Service Charge Detail Volume Unit Price <br />Image Services <br />Image Express Online 0 <br />CD ROM per CD 0 <br />Images Written to CD 0 <br />Subtotal <br />TOTAL ADDITIONAL RECOMMENDED SERVICE CHARGES <br />100.000 <br />20.000 <br />0.060 <br />Notes: <br />1. Required Balances are calculated as follows: Total Fees / Actual Days In Period x 366 Day Base / ECR x Reserve Rate <br />2. The eamings credit rate Is based on several market indicators and is subject to change monthly <br />3. Fees stated in this pro -forma are valid for ninety (90) days. <br />4. Other fees such as one-time setup charges and software licenses may apply <br />5. For purposes of this proforma, volumes and balances were obtained from: JP Morgan March analysis <br />6. Electronic Deposit Service requires the purchase of a bank approved scanner, Costs vary $400 to $1200 <br />Fee Basis <br />$666.25 <br />$616.72 <br />-$49.53 <br />$276.10 <br />$226.57 <br />Charge <br />$0.00 <br />$0.00 <br />$0.00 <br />$0.00 <br />276.10 <br />$2,000,000.00 <br />$100,000.00 <br />$1,900, 000.00 <br />$190, 000.00 <br />$1,710,000.00 <br />Balance Basis <br />$1,710,000.00 <br />$1,758,762.04 <br />-$48,762.04 <br />$787,381.95 <br />$646,143.99 <br />Compensating <br />Balance <br />0.00 <br />0.00 <br />0.00 <br />0.00 <br />787,381.95 <br />Bank of the West Confidential Page 3 <br />