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PRO FORMA ANALYSIS PREPARED FOR <br />City of Sunny Isles Beach <br />Balance Summary <br />NUMBER OF DAYS IN CYCLE31 <br />Balances as of:April 1, 2024 <br />AVERAGE LEDGER BALANCE$2,860,476.78 <br />+ <br /> LESS FLOAT$35,361.36 <br />- <br />PLUS NEGATIVE AVERAGE COLLECTED BALANCES$0.00 <br />+ <br />AVERAGE COLLECTED BALANCE$2,825,115.42 <br />= <br /> LESS FEDERAL RESERVE REQUIREMENT 0%$0.00 <br />- <br />AVERAGE INVESTABLE BALANCE$2,825,115.42 <br />= <br />EARNINGS CREDIT (Based on 365 Day Year)0.00%$0.00 <br />+ <br />ALL ANALYZED FEES (EXCLUDE IMPLE FEES) <br />ANALYZED FEES$1,112.15 <br />- <br />NET SERVICE CHARGE($1,112.15) <br />= <br />EXCESS COLLECTED BALANCES #DIV/0! <br />ADDITIONAL COLLECTED BALANCES TO OFFSET ANALYZED FEES#DIV/0! <br />IMPLEMENTATION FEES <br />ONE TIME SET UP CHARGES $0.00 <br />INTEREST ON EXCESS BALANCE4.75%#DIV/0! <br />$11,397.21 <br />Service Detail <br />The fees listed below are based on information gathered during Request for Proposal RFP24-06-01 Banking Services. <br />TOTAL <br />PROPOSED BALANCES <br />SERVICESVOLUMEPROPOSED <br />FEEREQUIRED <br />FEE <br />DEPOSITORY SERVICES <br />Deposit Administration Fee 28,605$0.0000$0.00#DIV/0! <br />Monthly Maintenance Fee 4$10.0000$40.00#DIV/0! <br />NSF/Overdraft Fee 0$36.0000$0.00#DIV/0! <br />Negative Collected Balance Fee 0P+4.0%$0.00#DIV/0! <br />Deposits97$0.8000$77.60#DIV/0! <br />Items Deposited Total (CCH, Local and Non-local Fed-City & RCPC, and Dep On Us)484$0.1500$72.60#DIV/0! <br />Return Deposited Item 0$9.0000$0.00#DIV/0! <br />Redeposited Return Item 0$9.0000$0.00#DIV/0! <br />Deposit Corrections0$3.0000$0.00#DIV/0! <br />Checks Paid355$0.2100$74.55#DIV/0! <br />Other Debits 59$0.1000$5.90#DIV/0! <br />Preauthorized Debits70$0.1000$7.00#DIV/0! <br />Other Credits59$0.1000$5.90#DIV/0! <br />Preauthorized Credits339$0.1000$33.90#DIV/0! <br />Analysis Statement Print0$10.0000$0.00#DIV/0! <br />Analysis E-Statement0$0.0000$0.00#DIV/0! <br />Stop Payment 0$36.0000$0.00#DIV/0! <br />Total Depository Services30,072$317.45#DIV/0! <br />CONFIDENTIAL <br />July 12, 2024Page 56 <br />City of Sunny Isles Beach RFP 24-06-01 <br />Banking Services - Synovus Bank Submission <br /> <br />