| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 22,620 | 11,310 | 11,310 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MFO PIMCO FDS PAC INVT MGMT SER HIGH YIELD FD INSTL CL (PHIYX) | 203,260 | 206,396 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC COM USD0.01 (ABBV) | 1,895 | 1,828 |
| 3M CO COM (MMM) | 4,537 | 4,483 |
| ADOBE INC COM (ADBE) | 5,691 | 5,250 |
| ADVANCED MICRO DEVICES, INC., COMMON STOCK, .01 PAR (AMD) | 1,486 | 1,285 |
| ADYEN N V ADR (ADYEY) | 3,621 | 3,386 |
| AFFILIATED MANAGERS GROUP INC COM STK (AMG) | 3,050 | 4,324 |
| AFLAC INC COMMON STOCK (AFL) | 3,531 | 3,529 |
| AIA GROUP LTD SPONSORED ADR (AAGIY) | 6,447 | 7,303 |
| AIR LIQUIDE ADR (AIQUY) | 1,802 | 2,554 |
| ALCON AG COM USD0.04 WI (ALC) | 2,410 | 3,310 |
| ALFA LAVAL AB SWEDEN ADR (ALFVY) | 2,349 | 4,220 |
| ALLIANZ SE UNSPON ADS EACH REP 1/10 ORD SHARES (ALIZY) | 4,046 | 9,752 |
| ALPHABET INC CAPITAL STOCK USD0.001 CL A (GOOGL) | 1,414 | 29,109 |
| ALTRIA GROUP INC COM (MO) | 3,462 | 4,639 |
| AMAZON COM INC COM (AMZN) | 4,649 | 15,696 |
| AMGEN INC COMMON STOCK (AMGN) | 4,611 | 5,237 |
| AMPHENOL CORP NEW CL A (APH) | 4,602 | 5,009 |
| APA CORP COM (APA) | 3,580 | 3,963 |
| APPLE INC COM STK (AAPL) | 3,159 | 33,983 |
| APPLOVIN CORP COM CL A COM CL A (APP) | 1,096 | 1,348 |
| APTIV PLC NEW ORD USD0.01 (APTV) | 3,855 | 3,957 |
| ASML HOLDING NV NY REG 2012 (POST REV SPLIT) (ASML) | 7,911 | 10,699 |
| ATLAS COPCO AB SPONSORED ADR NEW REPSTG COM CLASS A (ATLKY) | 1,608 | 2,472 |
| AUTOMATIC DATA PROCESSING INC COM (ADP) | 4,042 | 3,625 |
| BAE SYS PLC SPONSORED ADR (BAESY) | 5,397 | 5,387 |
| BANCO BILBAO VIZCAYA ARGENTARIA S A SPONSORED ADR (BBVA) | 618 | 5,012 |
| BANK OF AMERICA CORP (BAC) | 2,430 | 2,970 |
| BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS'B' (BRK.B) | 1,538 | 4,021 |
| BLOCK, H. & R., INC., COMMON STOCK, NO PAR (HRB) | 2,821 | 2,508 |
| BOOKING HLDGS INC COM (BKNG) | 2,197 | 5,355 |
| BOSTON BEER INC CL A CL A (SAM) | 1,976 | 1,951 |
| BRISTOL MYERS SQUIBB CO COMMON STOCK (BMY) | 4,510 | 4,747 |
| BROADCOM INC COM (AVGO) | 7,405 | 16,267 |
| BROWN-FORMAN INC., CLASS B, NON-VOTING COMMON STOCK, .30 PAR (BF/B) | 0 | 9 |
| C H ROBINSON WORLDWIDE INC COM NEW COM NEW (CHRW) | 1,289 | 2,098 |
| CANADIAN NATL RY CO COM (CNI) | 2,092 | 1,977 |
| CARNIVAL CORP COM PAIRED (CCL) | 2,520 | 3,970 |
| CBRE GROUP INC CL A CL A (CBRE) | 2,243 | 2,573 |
| CENCORA INC (COR) | 1,709 | 2,027 |
| CF INDS HLDGS INC COM (CF) | 4,007 | 3,944 |
| CHUGAI PHARMACEUTICALS CO LTD (CHGCY) | 3,553 | 6,252 |
| CISCO SYSTEMS INC COMMON STOCK (CSCO) | 2,966 | 6,316 |
| CITIGROUP INC COM NEW COM NEW (C) | 1,852 | 4,784 |
| COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A (CTSH) | 3,428 | 3,735 |
| COLOPLAST A/S SPONSORED ADR (CLPBY) | 2,288 | 1,547 |
| COMPASS GROUP PLC SPON ADR EACH REP 1 ORD SHS (POST SPLT) (CMPGY) | 2,727 | 2,527 |
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD UNSPONSORED ADR ADR (CYATY) | 4,877 | 5,110 |
| COSTCO WHOLESALE CORP NEW COM (COST) | 2,800 | 2,587 |
| CREDICORP LTD COM STK (BAP) | 2,101 | 4,018 |
| CROWN HLDGS INC COM (CCK) | 2,706 | 2,677 |
| DAIFUKU CO LTD ADR (DFKCY) | 1,807 | 2,938 |
| DASSAULT SYS S A SPONSORED ADR (DASTY) | 2,269 | 2,122 |
| DBS GROUP HLDGS LTD SPONSORED ADR (DBSDY) | 3,265 | 10,888 |
| DISCO CORP ADR (DSCSY) | 7,086 | 7,402 |
| EBAY INC COM USD0.001 (EBAY) | 1,533 | 3,484 |
| ELI LILLY & CO COM NPV (LLY) | 2,618 | 3,224 |
| EOG RESOURCES INC COM (EOG) | 4,869 | 3,990 |
| EPIROC AKTIEBOLAG SPONSORED ADR CL A (EPOAY) | 2,450 | 3,903 |
| EPR PPTYS COM SH BEN INT COM SH BEN INT (EPR) | 3,150 | 2,962 |
| EXELON CORP COM (EXC) | 3,667 | 4,054 |
| EXPEDITORS INTERNATIONAL WASHINGTON INC., COMMON STOCK (EXPD) | 2,643 | 3,278 |
| FISERV INC COMMON STOCK (FISV) | 1,299 | 1,343 |
| FOMENTO ECONOMICO MEXICANO SAB DE CV (FMX) | 4,791 | 7,277 |
| FOX CORP CL A CL A (FOXA) | 3,087 | 4,238 |
| FRANKLIN RES INC. COMMON STOCK, (BEN) | 4,243 | 4,093 |
| GDR ASSA ABLOY AB ADR (ASAZY) | 2,052 | 3,630 |
| GE AEROSPACE (GE) | 3,488 | 4,626 |
| GE VERNOVA LLC COM (GEV) | 1,619 | 1,961 |
| GENERAL DYNAMICS CORP. COMMON STOCK, 1 PAR (GD) | 4,493 | 4,713 |
| GENMAB A/S SPONSORED ADR (GMAB) | 4,369 | 3,480 |
| GLOBAL PMTS INC COM (GPN) | 3,800 | 3,328 |
| GLOBE LIFE INC COM (GL) | 3,396 | 3,916 |
| GOLDMAN SACHS GROUP INC COM (GS) | 3,743 | 6,153 |
| GRUPO FINANCIERO BANORTE S A B DE C (GBOOY) | 2,566 | 2,739 |
| HAIER SMART HOME CO LTD ADR (HSHCY) | 2,934 | 2,996 |
| HALEON PLC ADR (HLN) | 4,316 | 5,328 |
| HALOZYME THERAPEUTICS INC COM (HALO) | 1,521 | 1,817 |
| HCA HEALTHCARE INC COM (HCA) | 3,497 | 4,669 |
| HDFC BK LTD ADR REPSTG 3 SHS (HDB) | 6,546 | 8,112 |
| HOME DEPOT INC., COMMON STOCK, .05 PAR (HD) | 5,357 | 4,817 |
| HOST HOTELS & RESORTS INC REIT (HST) | 3,717 | 3,960 |
| ILLINOIS TOOL WKS INC COM (ITW) | 4,751 | 4,462 |
| INTERNATIONAL EMERGING | 4,829 | 487 |
| INTUIT COM (INTU) | 5,898 | 5,299 |
| ISHARES CORE S&P 500 ETF (IVV) | 859,307 | 1,035,629 |
| JABIL INC COM USD0.001 (JBL) | 729 | 1,596 |
| JOHNSON & JOHNSON COM USD1 (JNJ) | 2,524 | 3,932 |
| JONES LANG LASALLE INC COM STK (JLL) | 2,109 | 2,355 |
| JPMORGAN CHASE & CO COM (JPM) | 3,492 | 9,989 |
| KIMBERLY-CLARK CORP. COMMON STOCK 5 PAR (KMB) | 4,753 | 4,086 |
| KLA CORPORATION COM USD0.001 (KLAC) | 1,438 | 3,645 |
| KROGER CO., COMMON STOCK, 1 PAR (KR) | 2,808 | 2,749 |
| L OREAL S A ADR (LRLCY) | 3,951 | 5,225 |
| LAM RESH CORP COM NEW (LRCX) | 1,235 | 1,369 |
| LASERTEC CORP ADR (LSRCY) | 5,116 | 6,151 |
| LEIDOS HLDGS INC COM (LDOS) | 2,673 | 3,247 |
| M3 INC ADR (MTHRY) | 2,668 | 2,278 |
| MANULIFE FINL CORP COM (MFC) | 2,670 | 5,587 |
| MASCO CORP. COMMON STOCK, 1 PAR (MAS) | 2,250 | 1,967 |
| MCKESSON CORP (MCK) | 2,877 | 4,927 |
| MEDPACE HLDGS INC COM (MEDP) | 2,407 | 2,808 |
| MEDTRONIC PLC COMMON STOCK (MDT) | 1,734 | 2,129 |
| MERCADOLIBRE INC COM STK (MELI) | 3,097 | 4,029 |
| MERCK & CO INC NEW COM (MRK) | 3,069 | 3,078 |
| META PLATFORMS INC COM USD0.000006 CL 'A' (META) | 3,428 | 11,882 |
| MFB NORTHERN EQUITY INDEX FUNDS INTL EQT INDEX (NOINX) | 149,531 | 244,170 |
| MFB NORTHERN EQUITY INDEX FUNDS MID CAP INDEX (NOMIX) | 73,683 | 83,798 |
| MFB NORTHERN FUNDS EMERGING MARKETS EQUITYINDEX (NOEMX) | 26,928 | 36,872 |
| MFC ISHARES TR CORE S&P SMALL-CAP ETF (IJR) | 70,119 | 71,868 |
| MFC ISHARES TR RUSSELL 1000 GROWTH ETF (IWF) | 432,918 | 717,050 |
| MFO DFA EMERGING MARKETS VALUE (DFEVX) | 77,252 | 90,171 |
| MGIC INVT CORP WIS COM (MTG) | 2,309 | 3,974 |
| MICROSOFT CORP COM (MSFT) | 7,208 | 31,919 |
| MILLICOM INTERNATIONAL CELLULAR COM USD1.50 (POST-SUBD) (TIGO) | 1,862 | 2,772 |
| NETEASE INC SPONSORED ADR ADR EACH REPR 25 COM STK USD0.0001 (NTES) | 3,114 | 3,991 |
| NETFLIX INC COM STK (NFLX) | 3,668 | 5,438 |
| NEWMONT CORPORATION (NEM) | 2,277 | 4,593 |
| NICE LTD SPONSORED ADR (NICE) | 5,209 | 4,635 |
| NOVARTIS AG (NVS) | 2,572 | 2,895 |
| NOVONESIS (NOVOZYMES) B (NVZMY) | 2,036 | 2,036 |
| NVIDIA CORP COM (NVDA) | 9,537 | 37,673 |
| OBIC CO LTD ADS (OBICY) | 3,490 | 3,052 |
| OVINTIV INC COM USD0.01 (OVV) | 3,118 | 2,822 |
| PALANTIR TECHNOLOGIES INC CL A CL A (PLTR) | 1,202 | 1,244 |
| PAYPAL HLDGS INC COM (PYPL) | 3,271 | 2,685 |
| PEGASYSTEMS INC COM (PEGA) | 1,664 | 1,672 |
| PERUSAHAAN PERSEROAN PERSERO P T TELEKOMUNIKIASI INDONESIA SPONSORED ADR (TL | 3,151 | 2,968 |
| PFIZER INC COM (PFE) | 4,916 | 4,756 |
| PHILIP MORRIS INTL COM STK NPV (PM) | 1,829 | 1,942 |
| PILGRIMS PRIDE CORP (PPC) | 3,155 | 2,768 |
| PING AN INSURANCE SPONSORED ADR REPSTG 2 H SHS (PNGAY) | 3,574 | 3,121 |
| PUBLIC SERVICE ENTERPRISE GROUP INC., COMMON STOCK (PEG) | 2,321 | 3,453 |
| QUALCOMM INC COM (QCOM) | 4,161 | 4,276 |
| RESMED INC COM (RMD) | 3,424 | 4,095 |
| RIO TINTO PLC SPONSORED ADR (RIO) | 4,420 | 5,602 |
| ROCHE HLDG LTD SPONSORED ADR ISIN #US771195104 (RHHBY) | 4,957 | 6,137 |
| ROYAL DUTCH SHELL PLC SPONSORED ADR REPSTG ORD SH (SHEL) | 4,163 | 7,421 |
| RYANAIR HLDGS PLC SPONSORED ADR NEW (RYAAY) | 2,714 | 3,321 |
| S F HLDG CO LTD ADS (SFHOY) | 2,094 | 1,828 |
| SAFRAN ADR (SAFRY) | 2,670 | 2,873 |
| SCHNEIDER ELECTRIC SE (SBGSY) | 5,511 | 7,636 |
| SEA LTD ADR (SE) | 2,639 | 1,786 |
| SEALED AIR CORP NEW COM STK (SEE) | 1,620 | 2,320 |
| SHIONOGI & CO LTD ADR (SGIOY) | 2,689 | 2,694 |
| SLM CORP COM (SLM) | 428 | 1,624 |
| SMITH A O CORP COM (AOS) | 2,528 | 2,541 |
| SONOVA HLDG AG UNSP ADR (SONVY) | 1,672 | 1,913 |
| SONY GROUP CORPORATION SPON ADS EACH REPR 1 ORD SHS (SONY) | 3,671 | 5,504 |
| STATE STR CORP COM (STT) | 2,553 | 4,257 |
| SYMRISE AG ADR (SYIEY) | 3,614 | 2,133 |
| SYNCHRONY FINL COM (SYF) | 3,243 | 3,838 |
| SYSMEX CORP ADR (SSMXY) | 6,084 | 2,574 |
| TAIWAN SEMICONDUCTOR MANUFACTURING ADS REP 5 TWD10 (TSM) | 3,121 | 11,876 |
| TAPESTRY INC COM USD0.01 (TPR) | 1,607 | 2,044 |
| TECHTRONIC INDS LTD SPONSORED ADR (TTNDY) | 2,474 | 1,958 |
| TENCENT HLDGS LTD ADR (TCEHY) | 8,478 | 10,028 |
| TESLA INC COM USD0.001 (TSLA) | 3,548 | 7,196 |
| TORO CO COM (TTC) | 1,385 | 1,424 |
| TRAVEL + LEISURE CO COM USD0.01 (TNL) | 2,494 | 2,821 |
| UNICHARM CORP SPONSORED ADR (UNICY) | 4,235 | 1,843 |
| UNION PAC CORP COM (UNP) | 2,683 | 2,776 |
| US BANCORP (USB) | 2,899 | 3,287 |
| VICI PPTYS INC COM (VICI) | 2,273 | 1,943 |
| VISA INC COM CL A STK (V) | 638 | 701 |
| WESTERN DIGITAL CORP., COMMON STOCK, .10 PAR (WDC) | 1,081 | 2,412 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD (NGREX) | AT COST | 35,013 | 33,762 |
| MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD (GUNR) | AT COST | 44,979 | 75,653 |
| MFC FLEXSHARES TRUST STOXX GLOBAL BROAD INFRASTRUCTURE IDX (NFRA) | AT COST | 138,558 | 145,587 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SERVICE CHARGES | 78 | 78 | 0 | |
| INSURANCE | 1,137 | 1,137 | 0 | |
| MISCELLANEOUS | 21,706 | 21,706 | 0 | |
| NONDIVIDEND DISTRIBUTIONS | 27 | 27 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INVESTMENT INCOME | 22 | 22 | 22 |
| Description | Amount |
|---|---|
| ACCRUED INCOME ADJUSTMENT | 4,001 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYMENTS IN TRANSIT | 3,000 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL FEES | 1,892 | 946 | 946 | |
| MANAGEMENT FEES | 3,370 | 3,370 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 1,935 | 1,935 | 0 | |
| EXCISE TAX | 2,070 | 0 | 0 |