| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DAVIE KAPLAN | 1,500 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INCORPORATED | 5,233 | 10,562 |
| ALLEGHENY VALLEY BANCORP INC | 39,840 | 20,559 |
| AT&T INC | 19,677 | 24,612 |
| BANCORP OF SOUTHERN INDIANA | 49,794 | 52,650 |
| BANK OF AMERICA | 43,310 | 15,570 |
| BB&T CORP | 23,725 | 27,020 |
| BRISTOL MYERS SQUIBB COMPANY | 15,823 | 26,575 |
| CARTER BANK & TRUST MARTINSVILLE VA | 40,148 | 50,501 |
| CHEMUNG FINANCIAL CORP | 44,850 | 51,255 |
| CITBA FINANCIAL CORP | 63,466 | 42,264 |
| CITIZENS BANCORP OF VIRGINIA | 70,665 | 66,682 |
| CITIZENS FINANCIAL CORP-ELKINS W VA | 56,426 | 20,756 |
| COMMUNITY BANK SYSTEMS | 5,553 | 11,904 |
| CROGHAN BANCSHARES | 55,386 | 54,184 |
| CSB BANCORP INC-MILLERSBURG OH | 70,625 | 81,700 |
| DACOTAH BANKS | 86,900 | 117,000 |
| DECKER MANUFACTURING | 35,663 | 38,500 |
| DELAWARE BANCSHARES | 73,406 | 38,171 |
| DOW CHEMICAL COMPANY | 14,820 | 22,200 |
| FARMERS BANK OF APPOMATTOX-VA | 32,697 | 29,445 |
| FIRST CENTURY BANKSHARES | 28,342 | 16,864 |
| FIRSTMERIT CORP | 66,000 | 67,646 |
| FPB FINANCIAL | 55,413 | 75,795 |
| GE CORP | 21,063 | 39,242 |
| INTEL CORP | 9,878 | 12,978 |
| JEFFERSONVILLE BANCORP | 8,800 | 9,000 |
| JOHNSON & JOHNSON | 18,377 | 27,477 |
| MERCK & CO. | 12,100 | 20,020 |
| MICROSOFT CORPORATION | 11,444 | 14,964 |
| MONARCH CEMENT | 16,704 | 13,882 |
| NBT BANKCORP INCORPORATED | 125,434 | 168,272 |
| NORTH STATE TELECOMMUNICATIONS-A | 36,410 | 32,292 |
| ORANGE COUNTY BANCORP INC. | 19,650 | 19,525 |
| POTOMAC BANCSHARES | 14,500 | 7,350 |
| SOUTHEASTERN BANKING CORP | 39,650 | 10,360 |
| STEUBEN TR COMPANY | 19,200 | 21,400 |
| TORRINGTON WATER CO | 17,483 | 23,363 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REGISTERED AGENT FEE | 165 | 0 | 0 | |
| INVESTMENT ADVISORY FEES | 16,485 | 16,485 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE - BALANCE DUE | 454 | 0 | 0 | |
| EXCISE - ESTIMATE | 1,640 | 0 | 0 |