| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,200 | 0 | 1,200 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ROYAL DUTCH SHELL | 425,080 | 425,080 |
| ADR GSK PLC | 308,709 | 308,709 |
| AIR PROD & CHEM INC | 631,707 | 631,707 |
| APPLE INC | 485,064 | 485,064 |
| AUTOMATIC DATA PROCESSING | 684,110 | 684,110 |
| BRISTOL MYERS SQUIBB CO | 760,619 | 760,619 |
| CHEVRON CORP | 466,964 | 466,964 |
| CISCO SYSTEMS INC | 489,703 | 489,703 |
| COCA COLA CO | 484,943 | 484,943 |
| CVS HEALTH CORP | 227,592 | 227,592 |
| ELI LILLY & CO | 433,864 | 433,864 |
| EXXON MOBIL CORP | 440,176 | 440,176 |
| ILL TOOL WORKS INC | 592,570 | 592,570 |
| INTEL CORP | 464,538 | 464,538 |
| INTERNATIONAL BUSINESS MACHINES CORP | 758,633 | 758,633 |
| JOHNSON & JOHNSON | 557,365 | 557,365 |
| JP MORGAN CHASE & CO | 707,145 | 707,145 |
| MCDONALDS CORP | 632,830 | 632,830 |
| METLIFE INC | 652,584 | 652,584 |
| MICROSOFT CORP | 579,984 | 579,984 |
| NOTHERN TRUST CORP | 710,530 | 710,530 |
| NUCOR CORP | 385,843 | 385,843 |
| ORACLE CORP | 788,541 | 788,541 |
| PEPSICO INC | 494,803 | 494,803 |
| PFIZER INC | 542,671 | 542,671 |
| PHILIP MORRIS INTERNATIONAL | 705,973 | 705,973 |
| PROCTER & GAMBLE | 488,868 | 488,868 |
| SCHLUMBERGER LTD | 389,995 | 389,995 |
| STARBUCKS CORP | 684,831 | 684,831 |
| TARGET CORP | 506,384 | 506,384 |
| UNITED PARCEL SERVICE INC | 496,960 | 496,960 |
| US BANCORP | 677,990 | 677,990 |
| VERIZON COMMUNICATIONS | 583,054 | 583,054 |
| WALT DISNEY CO | 632,468 | 632,468 |
| WELLS FARGO & CO | 673,251 | 673,251 |
| 3M CO | 701,475 | 701,475 |
| BLUE OWL CAP CORP | 4,464,180 | 4,464,180 |
| ARES CAP CORP | 9,108,440 | 9,108,440 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MFB NORTHERN INSTL FUNDS TREASURY PORTFOLIO | FMV | 1,289,303 | 1,289,303 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| REIMBURSEMENT OF FUNDS | 5,000 | 5,000 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 1,791,447 |
| PRIOR PERIOD ADJUSTMENT | 2 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 27,800 | 0 | 0 |