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PRINTED 6/1/2015 <br />2015 CASH AND INVESTMENT ACTIVITY <br />BV <br />STATED <br />PRIN <br />SOLD/ <br />PRIN <br />CITY <br />MAT <br />SECURITY <br />BAL <br />PURCH <br />MATURE <br />BAL <br />INVEST# <br />DATE <br />BROKER <br />DESCRIP <br />CUSIP <br />1/1/2015 <br />2015 <br />2015 <br />12/31/2015 <br />PAR <br />YTM <br />140924 <br />9/2512017 <br />ICD SEC <br />CD-SALLIE MAE BANK <br />400820BKI <br />249,000.00 <br />0.00 <br />249,000.00 <br />249,000 <br />1.40% <br />141224A <br />12/24/2015 <br />ICD SEC <br />CD-SANTANDER BANK <br />80280JCS8 <br />250,000.00 <br />0.00 <br />250,000.00 <br />250,000 <br />0.55% <br />140725A <br />4/25/2017 <br />ICD SEC <br />CD -SECURITY FEDERAL <br />81423LBL5 <br />250,000.00 <br />0.00 <br />250,000.00 <br />250,000 <br />1.00% <br />120123 <br />1/23/2015 <br />ICD SEC <br />CD -STATE BANK OF INDI <br />33664 <br />150,000.00 <br />150,000.00 <br />0.00 <br />150,000 <br />1.10% <br />131018 <br />10/19/2015 <br />ICD SEC <br />CD -STATE BANK OF IND] <br />856284Q98 <br />100,000.00 <br />0.00 <br />100,000.00 <br />100,000 <br />0.85% <br />140305 <br />3/6/2017 <br />ICD SEC <br />CD-SYNOVOUS BANK <br />87164DEB2 <br />200,000.00 <br />0.00 <br />200,000.00 <br />200,000 <br />0.85% <br />131230B <br />9/30/2016 <br />ICD SEC <br />CD -TOWN & COUNTRY B <br />89210PBD4 <br />249,000.00 <br />0.00 <br />249,000.00 <br />249,000.00 <br />0.75% <br />150227 <br />11/28/2016 <br />ICD SEC <br />CD -TRADITION CAPITAL <br />89269FBV6 <br />150,000.00 <br />0.00 <br />150,000.00 <br />150,000 <br />0.65% <br />141209 <br />6/9/2016 <br />ICD SEC <br />CD -UNITED BANK <br />909552AQ4 <br />250,000.00 <br />0.00 <br />250,000.00 <br />250,000 <br />0,65% <br />111005 <br />10/5/2026 <br />ICD SEC <br />CD -WELLS FARGO BANK <br />949748K97 <br />150,000.00 <br />150,000.00 <br />0.00 <br />150,000 <br />3.00% <br />2014 Investments <br />11,066,000.00 <br />090102A <br />1/25/2033 <br />Cont See <br />FNR2003-19ME <br />31392JJG5 <br />8,948.75 <br />2,428.26 <br />6,520.49 <br />165,176 <br />3.95% <br />090102B <br />12/25/2018 <br />Com See <br />FNR 2003-120 BY <br />31393UGR8 <br />52,279.98 <br />8,418.63 <br />43,861.35 <br />200,000 <br />3.98% <br />50,381.84 <br />110913A <br />12/l/2015 <br />Northland <br />APPLETON MN TAXABLE <br />03805A -KR -8 <br />140,000.00 <br />0.00 <br />140,000.00 <br />140,000 <br />1.60% <br />150109 <br />10/1/2022 <br />Northland <br />HUBBARY COUNTY TAX <br />443348 -DE -4 <br />135,000.00 <br />0.00 <br />135,000.00 <br />140,000 <br />2.70% <br />150430 <br />2/1/2022 <br />Northland <br />MINNETONKA ISD #276 <br />604195-YG-6 <br />270,000.00 <br />0.00 <br />270,000.00 <br />270,000 <br />3.00% <br />150211 <br />6/1/2016 <br />Northland <br />MITCHELL COUNTY TAN <br />606521 -ES -7 <br />70,000.00 <br />0.00 <br />70,000.00 <br />70,000 <br />1.00% <br />110913B <br />12/1/2016 <br />Northland <br />APPLETON MN TAXABLE <br />038051 -KS -6 <br />110,000.00 <br />0.00 <br />110,000.00 <br />110,000 <br />2.00% <br />1101146 <br />3/1/2016 <br />Northland <br />APPLETON WIS SCHOOL <br />038106 -JN -1 <br />100,000.00 <br />100,000.00 <br />0.00 <br />100,000 <br />2.77% <br />130412 <br />2/1/2024 <br />Northland <br />BECKERMNTAX <br />075671LA <br />50,000.00 <br />0.00 <br />50,000.00 <br />50,000 <br />2.75% <br />110310 <br />2/1/2020 <br />Northland <br />BROOKLYN CENTER ISD <br />113853 -KG -9 <br />285,000.00 <br />0.00 <br />285,000.00 <br />285,000 <br />4.65% <br />090420B <br />12/1/2015 <br />Northland <br />BURLINGTON VT PUB IM <br />022062 -ML -3 <br />200,000.00 <br />0.00 <br />200,000.00 <br />200,000 <br />3,75% <br />120215B <br />6/1/2026 <br />Northland <br />CEDAR RAPIDS I0 TAX <br />150528-JU-2 <br />50,000.00 <br />0.00 <br />50,000.00 <br />50,000 <br />4.55% <br />120606B <br />6/1/2022 <br />Northland <br />CEDAR RAPIDS IO TAX <br />150528-N2-6 <br />135,000.00 <br />0.00 <br />135,000.00 <br />135,000 <br />2.50% <br />120606A <br />6/1/2023 <br />Northland <br />CEDAR RAPIDS IO TAX <br />150528 -PA -9 <br />140,000.00 <br />0.00 <br />140,000.00 <br />140,000 <br />2.70% <br />130815A <br />12/1/2020 <br />Northland <br />CHASKA, MN TAX <br />161664 -DY -0 <br />75,000.00 <br />0,00 <br />75,000.00 <br />75,000 <br />2.50% <br />130815B <br />12/1/2021 <br />Northland <br />CHASKA, MN TAX <br />161664 -DZ -7 <br />75,000.00 <br />0.00 <br />75,000.00 <br />75,000 <br />2.75% <br />100223A <br />6/1/2016 <br />Northland <br />DAVENPORT IOWA TAXI <br />238388 -FU -1 <br />335,000.00 <br />0.00 <br />335,000.00 <br />335,000 <br />3.25% <br />110301A <br />6/1/2015 <br />Northland , <br />DES MOINES IA COMM C <br />250097 -YS -5 <br />100,000.00 <br />0.00 <br />100,000.00 <br />100,000 <br />2.50% <br />131205 <br />12/28/2018 <br />Northland <br />FNMA <br />3136GO-RB-9 <br />500,000.00 <br />0.00 <br />500,000.00 <br />500,000 <br />1.38% <br />090914 <br />2/1/2015 <br />Northland <br />GRAND RAPIDS MN EQU <br />386334-2L-9 <br />115,000.00 <br />115,000.00 <br />0.00 <br />115,000 <br />3.70% <br />110114A <br />2/l/2017 <br />Northland <br />HOPKINS ISD #270 <br />439881 -HB -2 <br />100,000.00 <br />0.00 <br />100,000.00 <br />100,000 <br />2.75% <br />121211B <br />6/1/2015 <br />Northland <br />IOWA WESTERN COMM ( <br />462612-QK-1 <br />175,000.00 <br />0.00 <br />175,000.00 <br />175,000 <br />0.50% <br />121211C <br />6/1/2016 <br />Northland <br />IOWA WESTERN COMM ( <br />462616-QL-9 <br />100,000.00 <br />0.00 <br />100,000.00 <br />100,000 <br />0.65% <br />121228A <br />6/1/2017 <br />Northland <br />IOWA WESTERN COMM ( <br />462612 -QM -7 <br />100,000.00 <br />0.00 <br />100,000.00 <br />100,000 <br />0.85% <br />081106 <br />6/1/2015 <br />Northland <br />KIRKWOOD COMM COLL <br />497595 -VC -9 <br />245,000.00 <br />0.00 <br />245,000.00 <br />245,000 <br />5.50% <br />120321 <br />3/1/2022 <br />Northland <br />MADISION WE SCHOOLL) <br />558495 -KN -6 <br />500,000.00 <br />0.00 <br />500,000.00 <br />500,000 <br />2.50% <br />110208 <br />12/30/2015 <br />Northland <br />MCGREGOR ISD #004 <br />580705 -GN -5 <br />95,000.00 <br />0.00 <br />95,000.00 <br />95,000 <br />2.35% <br />110203A <br />4/1/2017 <br />Northland <br />MEDFORD WIS SCHOOL I <br />58434T -DK -3 <br />40,000.00 <br />0.00 <br />40,000.00 <br />40,000 <br />2.75% <br />121228B <br />9/1/2023 <br />Northland <br />MIDDLETON WIS REFUN <br />596782-T6-7 <br />300,000.00 <br />0.00 <br />300,000.00 <br />300,000 <br />2.36% <br />120214B <br />9/1/2025 <br />Northland <br />MIDDLETON WIS REFUN <br />596782 -TJ -1 <br />315,000.00 <br />0.00 <br />315,000.00 <br />315,000 <br />2.85% <br />130702A <br />1/1/2019 <br />Northland <br />MINNETONKAISO#276 <br />604195 -VW -4 <br />285,000.00 <br />0.00 <br />285,000.00 <br />285,000 <br />1.40% <br />130702B <br />1/1/2021 <br />Northland <br />MINNETONKA ISO #276 <br />604195 -VY -0 <br />400,000.00 <br />0.00 <br />400,000.00 <br />400,000 <br />2.10% <br />120215A <br />1/1/2028 <br />Northland <br />MINNETONKA ISD #276 <br />604195 -SB -4 <br />50,000.00 <br />0.00 <br />50,000.00 <br />50,000 <br />5.20% <br />130722 <br />2/1/2021 <br />Northland <br />MOUND MN TAXABLE <br />620535-W4-2 <br />95,000.00 <br />0.00 <br />95,000.00 <br />95,000 <br />2.00% <br />090715B <br />2/1/2015 <br />Northland <br />MOWER CTY MIN JAIL <br />624662 -AJ -1 <br />250,000.00 <br />250,000.00 <br />0.00 <br />250,000 <br />4.10% <br />100803A <br />2/1/2015 <br />Northland <br />NEW PRAGUE BAB <br />648159 -TU -5 <br />60,000.00 <br />60,000,00 <br />0.00 <br />60,000 <br />2.65% <br />100803B <br />2/1/2018 <br />Northland <br />NEW PRAGUE BAB <br />648159 -TX -9 <br />70,000.00 <br />0.00 <br />70,000.00 <br />70,000 <br />3.75% <br />100803C <br />2/1/2019 <br />Northland <br />NEW PRAGUE BAB <br />648159 -TY -7 <br />45,000.00 <br />0.00 <br />45,000.00 <br />45,000 <br />4.00% <br />140117 <br />11/1/2019 <br />Northland <br />HONOLULU TAXABLE <br />438670-Q4-6 <br />275,000.00 <br />0.00 <br />275,000.00 <br />275,000 <br />1.84% <br />141205A <br />9/1/2018 <br />Northland <br />WYANDOTTE KANSAS Sl <br />982696 -QE -9 <br />125,000.00 <br />0.00 <br />125,000.00 <br />125,000 <br />1.93% <br />141104 <br />2/1/2022 <br />Northland <br />DULUTH MN TAXABLE <br />264438-G5-5 <br />150,000.00 <br />0.00 <br />150,000.00 <br />150,000 <br />3.00% <br />141006 <br />6/1/2020 <br />Northland <br />NORTHEAST IOWA COMI <br />664214-JQ-7 <br />320,000.00 <br />0.00 <br />320,000,00 <br />320,000 <br />1.90% <br />140320A <br />3/1/2019 <br />Northland <br />HAWLEY MN SCHOOL DI <br />420416 -EZ -8 <br />390,000.00 <br />0.00 <br />390,000.00 <br />390,000 <br />1.85% <br />140320B <br />3/1/2016 <br />Northland <br />HAWLEY MN SCHOOL DI <br />420416-E-5 <br />180,000.00 <br />0.00 <br />180,000.00 <br />180,000 <br />0.60% <br />140730A <br />6/1/2019 <br />Northland <br />DES MOINES IA TAXABL <br />25009X -GB -5 <br />115,000.00 <br />0.00 <br />115,000.00 <br />115,000 <br />2.00% <br />140730B <br />6/1/2020 <br />Northland <br />DES MOINES IA TAXABL; <br />25009X -GC -3 <br />145,000.00 <br />0.00 <br />145,000.00 <br />145,000 <br />2.10% <br />140326 <br />9/26/2017 <br />Northland <br />FHLB <br />313OA151`9 <br />350,000.00 <br />0.00 <br />350,000.00 <br />350,000 <br />1.00% <br />140502 <br />2/15/2020 <br />Northland <br />COLLINGSWOOD NJ TAX <br />194756 -PQ-9 <br />145,000.00 <br />0.00 <br />145,000.00 <br />145,000 <br />3.00% <br />140620 <br />12/1/2020 <br />Northland <br />CELINA OHIO SCHOOL D <br />151069 -FD -8 <br />300,000.00 <br />0,00 <br />300,000.00 <br />300,000 <br />2.13% <br />100803D <br />2/1/2020 <br />Northland <br />NEW PRAGUE BAB <br />648159 -TZ -4 <br />70,000.00 <br />0.00 <br />70,000.00 <br />70,000 <br />4.25% <br />090206 <br />2/1/2015 <br />Northland <br />NORTH ST PAUL MAPLEI <br />6621406D9 <br />355,000.00 <br />355,000.00 <br />0.00 <br />355,000 <br />3.70% <br />111031 <br />6/1/2018 <br />Northland <br />RACINE WIS TAXABLE <br />750021-6D-4 <br />755,000.00 <br />0,00 <br />755,000.00 <br />755,000 <br />2.10% <br />130624A <br />2/1/2023 <br />Northland <br />RAMSEY COUNTY TAXA <br />751622 -HH -7 <br />595,000.00 <br />0,00 <br />595,000.00 <br />595,000 <br />2.75% <br />130624B <br />2/1/2022 <br />Northland <br />RAMSEY COUNTY TAXA <br />751622 -HG -9 <br />285,000.00 <br />0.00 <br />285,000.00 <br />285,000 <br />2.50% <br />120308A <br />12/1/2020 <br />Northland <br />SHOREWOOD WIS TAX <br />825230 -KU -8 <br />150,000.00 <br />0.00 <br />150,000.00 <br />150,000 <br />2.50% <br />120308B <br />12/1/2022 <br />Northland <br />SHOREWOOD IVIS TAX <br />825230 -KW -4 <br />150,000.00 <br />0.00 <br />150,000,00 <br />150,000 <br />2,80% <br />120308C <br />12/1/2027 <br />Northland <br />SHOREWOOD WIS TAX <br />825230 -LB -9 <br />225,000.00 <br />0.00 <br />225,000,00 <br />225,000 <br />3.25% <br />120308D <br />12/1/2028 <br />Northland <br />SHOREWOOD WIS TAX <br />825230 -LC -7 <br />465,000.00 <br />0.00 <br />465,000.00 <br />465,000 <br />3.15% <br />120214B <br />4/1/2017 <br />Northland <br />ST FRANCIS ISD#15 <br />789466-PU-7 <br />250,000.00 <br />0.00 <br />250,000.00 <br />250,000 <br />4.40% <br />PRINTED 6/1/2015 <br />