| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CITIBANK NATIONAL ASSOCIATION | 50,000 | 54,563 |
| DUKE ENERGY CORP CALL - 3.550% | 30,518 | 30,427 |
| GOLDMAN SACHS - 3.6% - 12/05/2 | 50,000 | 55,000 |
| GOLDMAN SACHS BK USANY CD - 3. | 50,000 | 54,715 |
| MORGAN STANLEY - 2.625% - 11/1 | 25,375 | 25,493 |
| ORACLE CORP NOTE CALL - 1.900% | 30,320 | 30,302 |
| SOUTHERN CO NOTE - 2.350% - 07 | 25,173 | 25,197 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M CO | 27,026 | 28,141 |
| BRIGHTHOUSE FINL INC CUML PFD | 24,922 | 28,400 |
| CATERPILLAR INC | 16,766 | 23,299 |
| CHARLES SCHWAB CORP | 20,412 | 31,188 |
| CISCO SYSTEMS INC | 27,838 | 29,714 |
| COMCAST CORP | 25,200 | 29,082 |
| CVS CAREMARK CORP | 25,757 | 27,320 |
| EMERSON ELECTRIC CO | 20,524 | 27,728 |
| FEDEX CORPORATION | 5,394 | 25,962 |
| FT ISE GLOBAL WIN ENERGY INDEX | 31,985 | 37,281 |
| GENERAL ELECTRIC CO | 17,840 | 10,800 |
| GILEAD SCIENCES INC | 18,634 | 17,128 |
| HARTFORD FINANCIALSERVICES GRO | 28,010 | 29,878 |
| HOME DEPOT INC | 15,463 | 20,187 |
| HONEYWELL INTL | 20,324 | 28,076 |
| INTEL CORP | 30,926 | 29,493 |
| INTERNATIONAL BUSINESS MACHINE | 28,151 | 26,435 |
| INTERNATIONAL PAPER CO | 22,550 | 29,285 |
| JOHNSON & JOHNSON | 12,397 | 15,108 |
| MERCK & CO INC | 24,617 | 24,131 |
| NUCOR CP | 21,342 | 26,223 |
| PFIZER INC | 23,881 | 26,687 |
| PNC FINANCIAL GROUP INC | 23,415 | 30,992 |
| PPL CAPITAL PFD SER B - 5.900% | 20,000 | 21,232 |
| RAYTHEON TECHNOLOGIES CORP | 24,847 | 28,103 |
| SOUTHERN CO | 28,519 | 30,039 |
| SPDR GOLD SHARES | 27,144 | 26,754 |
| TARGET CORPORATION | 19,296 | 29,657 |
| THE COCA-COLA CO | 15,566 | 20,455 |
| TJX COMPANIES INC | 17,844 | 22,194 |
| TRAVELERS COMPANIES INC | 18,438 | 18,950 |
| UNITED PARCEL SERVICE | 18,168 | 28,460 |
| US BANCORP | 30,657 | 30,656 |
| V F CORP | 20,407 | 27,929 |
| VERIZON COMMUNICATIONS | 25,606 | 25,263 |
| WEBSTER FINL CORP PFD STK SER | 25,459 | 32,280 |
| WELLS FARGO & CO | 41,411 | 31,417 |
| WHIRLPOOL CORP | 22,145 | 27,074 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 11,860 | 11,860 | ||
| Postage/Delivery Service | 188 | 188 | ||
| State or Local Filing Fees | 88 | 88 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 7,146 | 7,146 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2020 | 700 | |||
| Foreign Tax Paid | 245 | 245 |