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2008 CASH AND INVESTMENT ACTIVITY <br />PRINTED 02/20/2008 <br />_g_ <br />BV <br />PRIN <br />SOLD/ <br />PRIN <br />- <br />STATED <br />SECURITY <br />BAL PURCH. <br />MATURE <br />BAL <br />CITY <br />INVEST <br />MAT <br />DATE BROKER <br />DESCRIP <br />CUSIP <br />01/01/2008 2008 <br />2007 12/31/2008 <br />PAR YTM <br />060727B <br />02/01/2011 Northland <br />SCOTT CT MN HSG I <br />809567 -AH -3 <br />45,000.00 <br />0.00 <br />0.00 <br />45,000.00 <br />300,000.00 <br />45,000 <br />300,000 <br />5.75% <br />3.50 <br />030826A <br />02/01/2008 Northland <br />COON RAPIDS TAXF <br />21657A -FX -2 <br />300,000.00 <br />0 � <br />100,000.00 <br />100,000 <br />3.50% <br />031203D <br />02/01/2008 Northland <br />ST CLOUD TAX INC <br />78916B -WJ -9 <br />100,000.00 <br />0.00 <br />80,000.00 <br />80,000 <br />4.25% <br />050418B <br />06/012008 Northland <br />DUBUQUE IATAXAI <br />263867 -VB-6 <br />80,000.00 <br />0.00 <br />100,000.00 <br />100,000 <br />3.85% <br />040713E <br />06/012008 Northland <br />IOWA COMM COLLI <br />462299 -GD-4 <br />100,000.00 <br />000 <br />105,000.00 <br />105,000 <br />5.00% <br />051115 <br />06/012008 Northland <br />KIRKWOOD COMM - <br />497595 -SS -8 <br />105,000.00 <br />0.00 <br />175,000.00 <br />175,000 <br />4.00% <br />060615B <br />06/17/2008 Northland <br />FHLB <br />3133X9RD4 <br />175,000.00 <br />- <br />2,690.76 <br />36,560.41 <br />180,701 <br />5.50% <br />040726 <br />08/0112008 Northland <br />FHLM <br />31282R -X4 -1 <br />39,251.17 <br />0.00 <br />125,000.00 <br />125,000 <br />4.05% <br />060615C <br />08/11/2008 Northland <br />FNMA <br />3136F6ZE2 <br />125,000.00 <br />0.00 <br />200,000.00 <br />200,000 <br />3.50% <br />060615A <br />08/132008 Northland � <br />FNMA MEDIUM TER <br />3136F23B2 - <br />200,000.00 <br />0.00 <br />125,000.00 <br />125,000 <br />5.10% <br />060330 <br />12/01/2008 Northland <br />LA CROSSE WI TAX, <br />502768 -K3 -7 <br />125,000.00 <br />0.00 <br />300,000.00 <br />300,000 <br />3.35% <br />030821 <br />12/262008 Northland <br />FHLB <br />31339X -L9 -3 <br />300,000.00 <br />0.00 <br />215,000.00 <br />215,000 <br />3.65% <br />040108 <br />02/0]2009 Northland <br />BROOKLYN CENTEI <br />113835 -2B -1 <br />215,000.00 <br />0.00 <br />330,000.00 <br />330,000 <br />3.80% <br />070214 <br />02/01/2009 Northland <br />BROOKLYN PARK T <br />004223d23 <br />330,000.00 <br />0.00 <br />750,000.00 <br />750,000 <br />5.25% <br />071029 <br />1029201 Northland <br />FULMC <br />3128X6- 6-4 <br />Q <br />.750,000.00 <br />0.00 <br />385,000.00 <br />385,000 <br />5.50% <br />070620 <br />06/012011 Northland <br />EASTE RN IOWA COI <br />EASTERN <br />27654 -WR -8 <br />385,000.00 <br />155,000.00 <br />0.00 <br />155,000 <br />4.00% <br />070425 <br />11/10/2014 Northland <br />FHLMC <br />3128X3F24 <br />155,000.00 <br />0.00 <br />100,000.00 <br />330,000 <br />3.80% <br />070321A <br />03/172010 Northland <br />FHLB <br />3133X4 -NR -8 <br />100,000.00 <br />429.11 <br />205,367.29 <br />236,296 <br />5.00% <br />070724A <br />07/012009 Northland <br />FHLMC <br />3128SV -BC -8 <br />205,796.40 <br />200,000.00 <br />0.00 <br />200,000 <br />5.50% <br />070727 <br />11/1912012 Northland <br />FNMA <br />31335AOGV5 <br />200,000.00 <br />1,667.02 <br />78,838.90 <br />258,058 <br />5.00% <br />040721B <br />03/012009 Northland <br />FNMA <br />31371K -MW -8 <br />80,505.92 <br />0.00 <br />160,000.00 <br />160,000 <br />4.45% <br />050418A <br />06/012009 Northland <br />DUBUQUE IATAXAI <br />263867 -VC-4 <br />160,000.00 <br />-0.00 <br />300,000.00 <br />300,000 <br />3.27% <br />041015 <br />06/16/2009 Northland <br />FNMA <br />3136F3YT7 <br />300,000.00 <br />0.00 <br />85,000.00 <br />85,000 <br />5.70% <br />060727A <br />02/012010 Northland <br />SCOTT CT MN HSG I <br />809567 -AG -5 <br />85,000.00 <br />1,453.76 <br />93,382.13 <br />166,262 - <br />4.50% <br />050510 <br />04/01/2010 Northland <br />FHLM <br />31282R -3V-4 <br />94,835.89 <br />0.00 <br />85,000.00 <br />85,000 <br />6.18% <br />010213 <br />12/01/2010 Northland <br />Apple Valley Taxable <br />0378888Q0 <br />85,000.00 <br />1,991.32 <br />58,575.52 <br />100,000 <br />5.00% <br />050128 <br />03/012011 Northland <br />FNMA <br />313716 -M9 -7 <br />60,566.84 <br />4,905.85 <br />295,867.90 <br />471,937 <br />5.00 <br />051024 <br />09/0112011 Northland <br />FNMA <br />31371L -V9 -7 <br />300,773.75 <br />0.00 <br />200,000.00 <br />200,000 <br />6.20% <br />010312 <br />02/012012 Northland <br />New Brighton Taxable <br />642662624 <br />200,000.00 <br />244,000.00 <br />0.00 <br />244,000 <br />4.00% <br />060131 <br />09/152012 Northland <br />FHLM <br />3133F1LA3 <br />244,000.00 <br />500,000.00 <br />0.00 <br />500,000 <br />5.00 <br />051026 <br />10/262012 Northland <br />FHLB <br />3133RD -IK -8 <br />500,000.00 <br />2,486.99 <br />98,425.85 <br />272,453 <br />3.77% <br />040518 <br />02/012 013 Northland <br />FNMA 254663 <br />31371K -Z4 -6 <br />100,912.84 <br />5,901,875.93 <br />040715b <br />12/292006 Northland <br />040630C <br />03/01/2009 Wells Fargo <br />FHLMS <br />31282VAJ4 <br />265,082.98 <br />4,774.99 <br />260,307.99 <br />0.42 <br />490,584 <br />300,000 <br />4.03% <br />021223 <br />12/0112007 Wells Fargo <br />FHLMC 5 YR BALLO <br />31282U2112 <br />0.42 <br />0.00 <br />0.00 <br />500,000.00 <br />500,000 <br />2.00% <br />040324 <br />03242008 Wells Fargo <br />FHLN <br />3133X4I.J8 <br />500,000.00 <br />0.00 <br />300,000.00 <br />300,000 <br />3.30% <br />030728 <br />07/28/2008 Wells Fargo <br />FHLB <br />31339YP55 <br />300000.00 <br />, <br />634.21 <br />112,148.67 <br />256,994 <br />3.88% <br />040923 <br />06/012009 Wells Fargo <br />FHLMC GOLD <br />31282VA39 <br />112,782.88 <br />1,172,457.08 <br />061017 <br />12/172008 VILLAGE <br />CD- VILLAGE BANK <br />40254 <br />500,000.00 <br />0.00 <br />500,000.00 <br />532,807.05 <br />500,000 <br />500,000 <br />4.70% <br />4.70% <br />070322 <br />1224/2008 VILLAGE <br />CD-VILLAGE BANK <br />40336 <br />532,807.05 <br />0.00 <br />0.00 <br />1,000,000.00 <br />1,000,000 <br />5.15% <br />070928A <br />08282008 VILLAGE <br />CD- VILLAGE BANK <br />40456 <br />1,000,000.00 <br />0.00 <br />2,000,000.00 <br />2,000,000 <br />5.15% <br />070928C <br />0828/2008 VILLAGE <br />CD- VILLAGE BANK <br />40457 <br />2,000,000.00 <br />4,032,807.05 <br />971212 <br />11/282002 UBS <br />CD- FNBKEYSTONE; <br />320950AJ8R <br />96,000.00 <br />0.00 <br />96,000.00 <br />500,000.00 <br />96,000 <br />500,000.00 <br />6.25% <br />3.65% <br />031216 <br />03/15/2008 UBS <br />FHLMC <br />31 914E42 8 <br />500,000.00 <br />000 <br />453.40 <br />427.32 <br />275,000 <br />7.00°/ <br />990401 <br />03/152008 UBS <br />FHR 1471 G <br />312914E42C <br />880.72 <br />0 <br />250,000.00 <br />250,000 <br />3.50% <br />040622 <br />04/152008 UBS <br />FHLB <br />3133MXYH6 <br />250,000.00 <br />0.00 <br />400,000.00 <br />400,000 <br />3.94% <br />040729 <br />05/05/2008 UBS <br />FHLB <br />3133X6P26 <br />400,000.00 <br />26500000 <br />0.00 <br />265,000 <br />5.60% <br />060712 <br />11/12/2008 UBS <br />FNMA <br />3136FSTR2 <br />265,000.00 <br />, . <br />0.00 <br />100,000.00 <br />100,000 <br />4.34% <br />050715 <br />03/102009 UBS <br />CD- CAPITAL ONE B. 554462489 <br />100,000.00 <br />0,00 <br />392,000.00 <br />400,000 <br />4.63% <br />040511 <br />10/132009 UBS <br />FNMA <br />3136F3JZ0 <br />392,000.00 <br />380,000.00 <br />0.00 <br />380,000 <br />5.13% <br />0404018 <br />12/022009 UBS <br />FNMA <br />3135AOCA5 <br />380,000.00 <br />0.00 <br />250,000.00 <br />250,000 <br />3.73% <br />040401B <br />07/09/2010 UBS <br />FHLB <br />31339YEG3 <br />250,000.00 <br />0.00 <br />96,000.00 <br />96,000.00 <br />3.50% <br />030304A <br />08/262010 UBS <br />CD- CAROLINA FIRS' 143876CP3R <br />96,000.00 <br />0.00 <br />65,000.00 <br />65,000.00 <br />3.50% <br />030304B <br />08/262010 UBS <br />CD- SOUTHERN FIN? 842871CZ6R <br />65,000.00 <br />0.00 <br />96,000.00 <br />96,000.00 <br />3.50% <br />030304C <br />08/272010 UBS <br />CD- MANUFACTURE 564759NFIR <br />96,000.00 <br />0.00 <br />500,000.00 <br />500,000 <br />5.00% <br />041229 <br />12/292011 UBS <br />FHLMC <br />3128X3V67 <br />500,000.00 <br />0.00 <br />300,000.00 <br />300,000 <br />5.67% <br />051206 <br />06/18/2013 UBS <br />FHLB <br />31339XA61 <br />300,000.00 <br />0.00 <br />200,000.00 <br />200,000 <br />5.68% <br />051206B 8 <br />07/232013 UBS <br />FHLB <br />31339YDF6 <br />200,000.00 <br />110.33 <br />364,161.92 <br />500,009 <br />4.22% <br />050714 <br />10/152 014 UBS <br />FHR 2877 LA <br />31395HLH1 <br />. <br />364,27225 <br />0.42 <br />42,213.00 <br />300,000.00 <br />5.00% <br />030430B <br />0425/2018 UBS <br />FNR2003 -41 -JH <br />31393BD36C <br />42,213.42 <br />0.24 <br />119,886.94 <br />200,000 <br />3.12% <br />030630A <br />06/152018 UBS <br />FHR 2628 AB <br />31393VMQlC <br />119,887.18 <br />0.00 <br />177,756.93 <br />300,000.00 <br />3.59% <br />030730A <br />0825/2018 UBS <br />FNR 2003 -74 -KN <br />31393EAL3C <br />177,756.93 <br />1,50 <br />129,569.64 <br />300,000 <br />.4.50% <br />030930A <br />09/152018 UBS <br />FHR 2677 KH <br />31394JTP2 <br />129,571.14 <br />PRINTED 02/20/2008 <br />_g_ <br />