CASH 2018 Special Proxy Statement

The following table presents Crestmark’s primary source of funds, certificates of deposits, at the dates indicated (dollars in thousands): At December 31, 2017 2016 2015 Amount Percent Amount Percent Amount Percent Originated certificates of deposits . . . . . . . . . . . . $ 775,714 76% $522,995 73% $493,069 76% Brokered certificates of deposits . . . . . . . . . . . . . 243,115 24% 196,207 27% 154,452 24% Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,018,829 100% $719,202 100% $647,521 100% The following table sets forth the maturities of all certificates of deposit at the dates indicated (dollars in thousands): At December 31, 2017 Certificates of deposit: Maturing within three months . . . . . . . . . . . . . . . . $ 230,157 After three but within six months . . . . . . . . . . . . . . 222,890 After six but within 12 months . . . . . . . . . . . . . . . . 378,669 After 12 months . . . . . . . . . . . . . . . . . . . . . . . . . . . 187,113 Total certificates of deposit . . . . . . . . . . . . . . . . . . . . . $1,018,829 At December 31, 2017, Crestmark had borrowings, including federal funds purchased, outstanding of $46.4 million as compared to $64.1 million at December 31, 2016. Included in the December 31, 2017 borrowings amount is $30.8 million of a non-recourse notes payable, $3.6 million of subordinated debt and other borrowings of $12.0 million. Other borrowings represents both a term loan and a line of credit with another financial institution, of which the bank had $5.0 million outstanding on the term loan and $7.0 million drawn on a $10.0 million line of credit. Additional information on funding sources is included in Notes 12 and 13 of the consolidated financial statements of Crestmark included in this joint proxy statement/prospectus. The following table sets forth the maturities of non-recourse notes payable at the date indicated (dollars in thousands): At December 31, 2017 Non-recourse notes payable Maturing within three months . . . . . . . . . . . . . . . . $ 4,378 After three but within six months . . . . . . . . . . . . . . 3,694 After six but within 12 months . . . . . . . . . . . . . . . . 6,758 After 12 months . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,936 Total non-recourse notes payable . . . . . . . . . . . . . . . . . . $30,766 124