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2008 CASH AND INVESTMENT ACTIVITY <br /> BV <br /> STATED PR[N SOLD1 PRIN <br />CITY MAT SECURITY BAL PURCH MATURE BAL <br />INVEST# DATE BROKER DESCRIP CUSIP 1/1/2008 2008 2008 12/31/2008 PAR YTM <br />080725 12/23/2009 Northland CD-BORDERTURST 099708-BJ-7 99,000.00 0.00 <br />00 <br />0 99,000.00 <br />00 <br />800 <br />000 99,000 <br />000 <br />800 4.00% <br />4 <br />25% <br />080729 12/1/2010 Northland KAUKAUNAWISTA 486260-PV-8 800,000.00 . <br />00 <br />0 , <br />. <br />000 <br />00 <br />125 , <br />000 <br />125 . <br />5.00% <br />080731 12/15/2013 Northland BEAVER CITY PA TA 074851-MQ-6 125,000.00 . <br />00 <br />0 . <br />, <br />000 <br />00 <br />205 , <br />000 <br />205 4.00% <br />080909 12/1/2010 Northland LASALLE CTY ILL T. 504597-AV-7 205,000.00 <br />000 <br />00 <br />245 . <br />0.00 . <br />, <br />245,000.00 , <br />245,000 VAR <br />081015B 8/24/2009 Northland COMEFSCA BANK V. 20034P-EN-B . <br />, <br />000 <br />00 <br />245 0.00 245,000.00 245,000 5.50% <br />081106 8/24/2009 Northland COMERICA BANK V. 20034P-EN-B . <br />, 00 <br />0 000 <br />00 <br />90 90 <br />000 4.99% <br />081119A 6/1/2015 Northland KIRKWOOD COMM ( 497595-VC-9 90,000.00 . <br />00 <br />0 . <br />, <br />000 <br />00 <br />95 , <br />000 <br />95 5.00% <br />081015B 2/1/2010 Northland ORONO MN SCHOOL 687136-KE-0 95,000.00 . <br />00 <br />320 <br />000 . <br />, <br />0.00 , <br />320,000 5.15% <br />081119B 2/1/2012 Northland ELK RIVER SCHOOL 287425-XM-9 320,000.00 , <br />. <br />000 <br />00. <br />100 0.00 100,000 6.18% <br />070130 2/11/2013 Northland SNMA 3135A0-KR-9 100,000.00 . <br />, <br />0 <br />00 00. <br />000 <br />45 000 <br />45 5.75 <br />060727B 2/1/2011 Northland SCOTT CT MN HSG F 809567-AH-3 45,000.00 . <br />. <br />000 <br />00 <br />300 . <br />, <br />0.00 , <br />300,000 3.50% <br />030826A 2/1/2008 Northland COON RAPIDSTAXA 21657A-FX-2 300,000.00 . <br />, <br />000 <br />00 <br />100 0.00 100,000 3.50% <br />0312030 2/1/2008 Northland ST CLOUD TAXING 78916B-WJ-9 .100,000.00 . <br />, <br />000 <br />00 <br />80 . <br />0.00 80,000 4.25% <br />050418B 6/1/2008 Northland DUBUQUEIATAXAI 263867-VB-6 80,000.00 . <br />, <br />000:00 <br />100 0.00 100,000 3.85% <br />040713E 6/1/2008 Northland .IOWA COMM COLLE 462299-GD-4 100,000.00 , <br />00 <br />105 <br />000 0.00 105,000 5.00% <br />051115 6/1/2008 Northland KIFKWOOD COMM ( 497595-SS-8 105,000.00 . <br />, <br />000 <br />00 <br />175 0.00 175,000 4.00% <br />060615E 6/17/2008 Northland FHLB 3133X9RD4 175,000.00 . <br />, <br />23 <br />39 <br />251 . <br />-0.06 180,701 5.50% <br />040726 8/i/2008 Northland FHLM 31282R-X4-1 39,251.17 , <br />. <br />00 <br />000 <br />125 0.00 125,000 4.05% <br />060615C 8/11/2008 Northland FNMA 3136F6ZE2 125,000.00 . <br />, <br />000 <br />00 <br />200 0.00 200,000 3.50% <br />060615A 8/13/2008 Northland FNMA MEDIUM TER 3136F23B2 200,000.00 . <br />, <br />00 <br />0 000 <br />00 <br />125 125,000 5.10% <br />060330 12/1/2008 Northland LA CROSSE WI TA?Ci 502768-K3-7 125,000.00 . <br />. <br />00 <br />300 <br />000 . <br />, <br />0.00 300,000 3.35% <br />030821 12/26/2008 Northland FHLB 31339X-L9-3 300,000.00 , <br />. <br />00 <br />0 000 <br />00 <br />215 215,000 3.65% <br />040108 2/1/2009 Northland BROOKLYNCENTEP 113835-2B-1 215,000.00 . <br />00 <br />0 . <br />, <br />000 <br />00 <br />330 000 <br />330 3.80% <br />070214. 2/1/2009 Northland BROOKLYN PARK T. 004223d23 330,000.00 . <br />00 <br />0 . <br />, <br />000.00 <br />750 , <br />750,000 5.25% <br />071029 10/29/2017 Northland FHLMC 3128X6-Q6-4 750,000.00 . <br />00 <br />0 , <br />000.00 <br />385 385,000 5:50% <br />070620 6/1/2011 Northland EASTEFN IOWA COD 27654-WR-8 385,000.00 . <br />00 <br />000 <br />155 , <br />0.00 155,000 4.00% <br />070425 11/10/2014 Northland FHLMC 3128X3F24 155,000.00 . <br />, <br />00 <br />100 <br />000 0.00 330,000 3.80% <br />070321A 3/17/2010 Northland FHLB 3133X4-NR-8 100,000.00 , <br />. <br />811 <br />75 <br />46 984.65 <br />158 236,296 5.00% <br />070724A 7/1/2009 Northland FHLMC 3128SV-BC-8 205,796.40 . <br />, <br />000 <br />00 <br />200 , <br />0.00 200,000 5.50% <br />070727 11/19/2012 Northland FNMA 31335AOGV5 200,000.00 . <br />, <br />68. <br />38 <br />499 006.24 <br />42 258,058 5.00% <br />040721B 3/1/2009 Northland FNMA 31371K-MW-8 80,505.92 , <br />. <br />00 <br />0 , <br />000.00 <br />160 160,000 4.45% <br />050418A 6/1/2009 Northland DUBUQUE IA TAXAI 263867-VC-4 <br />' 160,000.00 . <br />00 <br />000 <br />300 , <br />0.00 300,000 3.27% <br />041015 6/16/2009 Northland FNMA 3136F3Y1 <br />7 300,000.00 . <br />, <br />00 <br />0 000.00 <br />85 85,000 5.70% <br />060727A 2/1/2010 Northland SCOTT CT MN HSG F 809567-AG-5 85,000.00 . <br />60 <br />20 <br />572 , <br />263.29 <br />74 166,262 4.50% <br />050510 4/1/2010 Northland FHLM 31282R-3V-4 94,835.89 , <br />. <br />00 <br />0 , <br />000.00 <br />85 85,000 6:18% <br />010213 12/]/2010 Northland Apple Valley Taxable 0378888Q0 85,000.00 . <br />111 <br />20 <br />10 , <br />455.64 <br />50 100,000 5.00% <br />050128 3/1/2011 Northland FNMA 313716-M9-7 60,566.84 . <br />, <br />60 <br />250 <br />53 , <br />523.15 <br />247 471,937 5.00% <br />051024 9/1/2011 Northland FNMA 31371E-V9-7 300,773.75 . <br />, <br />0 <br />00 , <br />. <br />00 <br />000 <br />200 .200,000 6.20% <br />010312 2/1/2012 Northland New Brighton Taxable 642662624 200,000.00 <br />4 . <br />244 <br />000 <br />00 . <br />, <br />0.00 244,000 4.00% <br />060131 9/15/2012 Northland FHLM 3133F1LA3 24 <br />,000.00 . <br />, <br />000 <br />00 <br />500 0.00 500,000 5.00% <br />051026 10/26/2012 Northland FHLB 3133X0-JK-8 500,000.00 . <br />, <br />971 <br />38 <br />29 941.46 <br />.70 272,453 3.77% <br />040518 2/1/2013 Northland FNMA 254663 31371K-Z4-6 100,912.84 . <br />, , <br />10,563,032.30 <br />0407156 12/29/2006 Northland <br />040630C 3/1/2009 WellsFazgo FHLMS 31282VAJ4 265,083.40 75,420.39 <br />00 189,663.01 <br />0 <br />00 490,584 <br />000 <br />500 4.03% <br />00% <br />2 <br />040324 3/24/2008 Wells Fargo FHLN 3133X4L]8 500,000:00 500,000. <br />00 <br />000 <br />300 . <br />0.00 , <br />300,000 . <br />3.30% <br />.030728 7/28/2008 WellsFazgo FHLB 31339YP55 300,000.00 . <br />, <br />17 <br />686 <br />32 8Q096.71 256,994 3.88% <br />040923 6/1/2009 Wells Fargo FHLMC GOLD 31282VA39 112,782.88 . <br />, 269,759.72 ~ <br /> <br />061017 12/17/2008 VILLAGE CD-VILLAGE BANK 40254 500,000.00 0.00 500,000.00 _500,000 4.70% <br />070322 12/24/2008 VILLAGE ' CD-VILLAGE BANK 40336 532,807.05 0.00 532,807.05 500,000 4.70% <br />080211A 4/13/2009 VILLAGE CD-VILLAGE BANK .40618 .2,000,000.00 0.00 2,000,000.00 2,000,000 .4.00% <br />080219 4/20/2009 VILLAGE CD-VILLAGE BANK 40627 2,000,000.00 0.00 2,000,000.00 2,000,000 4.00% <br />'080229 2/28/2009 VILLAGE CD-VILLAGE BANK 1,000,000.00 0.00 1,000,000.00 1,000,000 <br />0 3.60% <br />5 <br />15% <br />070928A 8/28/2008 VILLAGE CD-VILLAGE BANK 40456 1,000,000.00 1,000,000.00 <br />00 0.00 <br />0 <br />00 .1,000,00 <br />000 <br />2 <br />000 . <br />15% <br />5 <br />070928C 8/28/2008 VILLAGE CD-VILLAGE BANK 40457 2,000,000.00. 2,000,000. . , <br />, . <br /> . 6,032,807.05 <br />971212 11/28/2002 UBS CD-FNB KEYSTONE, 320950AJ7R 96,000.00 0.00 96,000.00 96,000 <br />00 6.25 <br />3 <br />65% <br />031216 3/15/2008 UBS FHLMC 3133FOE88 500,000.00 500,000.00 0.00 <br />0 <br />03 <br />" 500,000. <br />000 <br />275 . <br />7 <br />00% <br />990401 3/15/2008 UBS FHR 1471 G 312914E42C 880.72 880.75 <br />000 <br />00 <br />250 . <br />- <br />0.00 , <br />250,000 . <br />3:50% <br />040622 4/15/2008 UBS FHLB 3133MXYH6 250,000.00 . <br />, <br />000 <br />00 <br />400 0.00 400,000 3.94% <br />040729 8!5/2008 UBS FHLB 3133X6P26 400,000.00 . <br />, <br />000 <br />00 <br />265 0.00 265,000 5.60% <br />060712 11/12/2008 UBS FNMA 3136FSTR2 265,000.00 . <br />, <br />00 <br />0 000.00 <br />100 100,000 4.34% <br />050715 3/10/2009 UBS CD-CAPITAL ONE B/ 554462489 100,000.00 . <br />00 <br />000 <br />400 , <br />000.00 <br />-8 400,000 4.63% <br />040511 10/13/2009 UBS FNMA 3136F37Z0 392,000.00 . <br />, <br />00 <br />380 <br />000 , <br />0.00 380,000 5.13% <br />OS1207A 12/2/2009 UBS FNMA 3135AOCA5 380,000.00 , <br />. <br />PRINTED 12/3/2008 <br />-13- <br />