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<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 7 - Available-for-Sale and Held-to-Maturity Securities</font></b></p>
<p style="text-align: justify; text-indent: 0.25in; margin: 6pt 0in;" class="MsoNormal"><font class="_mt" size="2">The following tables provide a summary of the amortized cost and fair values of the available-for-sale securities and held-to-maturity securities at March 31, 2011 and December 31, 2010 <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 285.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="381" colspan="11">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 36.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.05pt; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amortized</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">cost</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Gross unrealized</font></b><font class="_mt" size="2"> <br /></font><b><font class="_mt" size="2">gains </font><sup><font class="_mt" size="2">(1)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Gross unrealized losses </font><sup><font class="_mt" size="2">(1)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Estimated</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Available-for-sale</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">24,975</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">10</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">24,985</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">39,633</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">633</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(890</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">39,376</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Mortgage-backed securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">663,309</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8,378</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(1,743</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">669,944</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Commercial</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">110,997</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,159</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(648</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">111,508</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Non-agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">26,335</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">741</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(521</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">26,555</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Corporate fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">289,166</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,945</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(755</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">290,356</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">27,359</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">713</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(20</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">28,052</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,181,774</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">13,579</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(4,577</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,190,776</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Held-to-maturity </font><sup><font class="_mt" size="2">(2)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Municipal auction rate securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">46,481</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,693</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(2</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">50,172</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">16,696</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">583</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(3,340</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">13,939</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">63,177</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,276</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(3,342</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><a name="OLE_LINK5"><b><font class="_mt" size="2">64,111</font></b></a></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 285.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="381" colspan="11">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 36.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.05pt; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amortized</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">cost</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Gross unrealized</font></b><font class="_mt" size="2"> <br /></font><b><font class="_mt" size="2">gains </font><sup><font class="_mt" size="2">(1)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Gross unrealized losses </font><sup><font class="_mt" size="2">(1)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Estimated</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Available-for-sale</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">24,972</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">58</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">25,030</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">26,678</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">727</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(1,062</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">26,343</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Mortgage-backed securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">692,922</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,938</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(2,697</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">697,163</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Commercial</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">66,912</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,212</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(128</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">67,996</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Non-agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">29,319</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">744</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(790</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">29,273</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Corporate fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">153,523</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,705</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(327</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">154,901</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">11,331</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">677</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">12,008</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,005,657</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">12,061</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(5,004</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,012,714</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Held-to-maturity </font><sup><font class="_mt" size="2">(2)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Municipal auction rate securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">43,719</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,803</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(171</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">47,351</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">8,921</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">198</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(3,486</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">5,633</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">52,640</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,001</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(3,657</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">52,984</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-indent: -0.15in; margin: 6pt 0in 0pt 0.15in;" class="MsoNormal"><sup><font class="_mt" size="1">(1) </font></sup><font class="_mt" size="1">Unrealized gains/(losses) related to available-for-sale securities are reported in accumulated other comprehensive income.</font></p>
<p style="text-indent: -0.15in; margin: 6pt 0in 0pt 0.15in;" class="MsoNormal"><sup><font class="_mt" size="1">(2) </font></sup><font class="_mt" size="1">Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.</font></p>
<p style="text-align: justify; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">For the three months ended March 31, 2011, available-for-sale securities with an aggregate par value of $13.0 million were called by the issuing agencies or matured, resulting in no gains or losses recorded through the consolidated statement of operations. Additionally, for the three months ended March 31, 2011, Stifel Bank received principal payments on mortgage-backed securities of $58.4 million. During the three months ended March 31, 2011 and 2010, unrealized gains, net of deferred taxes, of $1.2 million and $3.4 million, respectively, were recorded in accumulated other comprehensive income in the consolidated statements of financial condition. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The table below summarizes the amortized cost and fair values of debt securities, by contractual maturity <i>(in thousands)</i>. Expected maturities may differ significantly from contractual maturities, as issuers may have the right to call or prepay obligations with or without call or prepayment penalties.</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 285.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="381" colspan="11">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 137.3pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="183" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Available-for-sale</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 137.35pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="183" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Held-to-maturity</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.05pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amortized</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">cost</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Estimated</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amortized</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">cost</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 63.1pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Estimated</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Debt securities</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Within one year</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">19,150</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">19,225</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">After one year through three years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">170,778</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">172,132</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">After three years through five years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">101,093</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">100,854</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">After five years through ten years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">50,453</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">51,127</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -0.5in; margin-left: 0.5in;" class="MsoNormal"><font class="_mt" size="2">After ten years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">39,659</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">39,431</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">63,177</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">64,111</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Mortgage-backed securities</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">After three years through five years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,756</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">10,056</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">After five years through ten years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">91,666</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">91,831</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">After ten years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">699,219</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">706,120</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,181,774</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,190,776</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">63,177</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">64,111</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 163.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="218">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="69">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The carrying value of securities pledged as collateral to secure public deposits and other purposes was $123.5 million and $111.6 million at March 31, 2011 and December 31, 2010, respectively. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Certain investments in the available-for-sale portfolio at March 31, 2011, are reported in the consolidated statements of financial condition at an amount less than their amortized cost. The total fair value of these investments at March 31, 2011, was $537.9 million, which was 45.2% of our available-for-sale investment portfolio. The amortized cost basis of these investments was $542.5 million at March 31, 2011. The declines in the available-for-sale portfolio primarily resulted from changes in interest rates and liquidity issues that have had a pervasive impact on the market.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our investment in a held-to-maturity asset-backed security consists of pools of trust preferred securities related to banks. Unrealized losses in our asset-backed security was caused primarily by: 1) illiquid markets for collateralized debt obligations, 2) global disruptions in the credit markets, 3) increased supply of collateralized debt obligation secondary market securities from distressed sellers, and 4) difficult times in the banking sector, which has led to a significant amount of bank failures.</font></p>
<p style="margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following table is a summary of the amount of gross unrealized losses and the estimated fair value by length of time that the available-for-sale securities have been in an unrealized loss position at March 31, 2011 <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="620">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 103.2pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="138" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 98.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="131" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 105.2pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="140" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 103.2pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="138" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Less than 12 months</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 98.25pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="131" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">12 months or more</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 105.2pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="140" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Total</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 36.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Gross unrealized losses</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 46.85pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="62" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Estimated fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 42.7pt; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="57" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Gross unrealized losses</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.25pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="59" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Estimated fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.25pt; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="59" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Gross unrealized losses</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 47.6pt; padding-right: 0in; height: 36.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="63" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Estimated fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Available-for-sale</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="48">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(890</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">14,094</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(890</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="48">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">14,094</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Mortgage-backed securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="48">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(1,743</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">313,275</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(1,743</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="48">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">313,275</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Commercial</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(648</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">59,485</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(648</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="48">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">59,485</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Non-agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(521</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,109</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(521</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="48">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,109</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Corporate fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(755</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">137,693</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(755</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="48">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">137,693</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(20</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,263</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(20</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="48">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,263</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 1.75in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="168">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(4,056</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 36.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="49">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">528,810</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(521</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,109</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(4,577</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 0.5in; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="48">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">537,919</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 6.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="9">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Other-Than-Temporary Impairment</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We evaluate all securities in an unrealized loss position quarterly to assess whether the impairment is other-than-temporary. Our other-than-temporary impairment ("OTTI") assessment is a subjective process requiring the use of judgments and assumptions. Accordingly, we consider a number of qualitative and quantitative criteria in our assessment, including the extent and duration of the impairment; recent events specific to the issuer and/or industry to which the issuer belongs; the payment structure of the security; external credit ratings and the failure of the issuer to make scheduled interest or principal payments; the value of underlying collateral; and current market conditions.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 13.5pt;" class="MsoNormal"><font class="_mt" size="2">If we determine that impairment on our debt securities is other-than-temporary and we have made the decision to sell the security or it is more likely than not that we will be required to sell the security prior to recovery of its amortized cost basis, we recognize the entire portion of the impairment in earnings. If we have not made a decision to sell the security and we do not expect that we will be required to sell the security prior to recovery of the amortized cost basis, we recognize only the credit component of OTTI in earnings. The remaining unrealized loss due to factors other than credit, or the non-credit component, is recorded in accumulated other comprehensive income. We determine the credit component based on the difference between the security's amortized cost basis and the present value of its expected future cash flows, discounted based on the purchase yield. The non-credit component represents the difference between the security's fair value and the present value of expected future cash flows. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 13.5pt;" class="MsoNormal"><font class="_mt" size="2">Based on the evaluation, we recognized a credit-related other-than-temporary impairment of $0.4 million through earnings for the three months ended March 31, 2011. The remaining balance of other comprehensive income related to this investment was written off during the year ended December 31, 2010; therefore, we reduced the amortized cost of the security. If certain loss thresholds are exceeded, this bond would experience an event of default that would allow the senior class to liquidate the collateral securing this investment, which could adversely impact our valuation. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 13.5pt;" class="MsoNormal"><font class="_mt" size="2">We estimate the portion of loss attributable to credit using a discounted cash flow model. Key assumptions used in estimating the expected cash flows include default rates, loss severity and prepayment rates. Assumptions used can vary widely based on the collateral underlying the securities and are influenced by factors such as collateral type, loan interest rate, geographical location of the borrower, and borrower characteristics.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 13.5pt;" class="MsoNormal"><font class="_mt" size="2">We believe the gross unrealized losses related to all other securities of $4.6 million as of March 31, 2011 are attributable to issuer specific credit spreads and changes in market interest rates and asset spreads. We therefore do not expect to incur any credit losses related to these securities. In addition, we have no intent to sell these securities with unrealized losses and it is not more likely than not that we will be required to sell these securities prior to recovery of the amortized cost. Accordingly, we have concluded that the impairment on these securities is not other-than-temporary.</font></p>
105035000
155786000
<p style="line-height: 115%; margin-bottom: 10pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 3 - Acquisitions</font></b></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Thomas Weisel Partners Group, Inc.</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">On July 1, 2010, we completed the purchase of all the outstanding shares of common stock of TWPG, an investment banking firm based in San Francisco, California. The purchase was completed pursuant to the merger agreement dated April 25, 2010. We issued shares of common stock, including exchangeable shares, to holders of TWPG common stock and restricted stock units to employees of TWPG as consideration for the merger. The fair value of the common stock and restricted stock units was determined using the market price of our common stock on the date of the merger. The merger furthers our company's mission of building the premier middle-market investment bank with significantly enhanced investment banking, research, and wealth management capabilities.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">TWPG's results of operations have been included in our consolidated financial statements prospectively from the date of acquisition. The investment banking, research, and institutional brokerage businesses of TWPG were integrated with Stifel Nicolaus immediately after the merger; therefore, the revenues, expenses, and net income of the integrated businesses are not distinguishable within the results of our company. The following unaudited pro forma financial data assumes the acquisition had occurred at the beginning of each period presented. Pro forma results have been prepared by adjusting our historical results to include TWPG's results of operations adjusted for the following changes: amortization expense adjusted as a result of acquisition-date fair value adjustments to intangible assets; interest expense adjusted for revised debt structures; and the income tax effect of applying our statutory tax rates to TWPG's results. The unaudited pro forma results presented do not necessarily reflect the results of operations that would have resulted had the acquisition been completed at the beginning of the applicable periods presented, nor does it indicate the results of operations in future periods. Additionally, the unaudited pro forma results do not include the impact of possible business model changes, nor does it consider any potential impacts of current market conditions or revenues, reduction of expenses, asset dispositions, or other factors. The impact of these items could alter the following pro forma results:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="444">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 67.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="90">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="444">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 81.65pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Three Months Ended March 31, 2010</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="444">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 81.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="109" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">(Unaudited)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="444">
<p class="MsoNormal"><font class="_mt" size="2">Total net revenues</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 67.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="90">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">364,448</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="444">
<p class="MsoNormal"><font class="_mt" size="2">Net income</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 67.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="90">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">21,392</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="444">
<p class="MsoNormal"><font class="_mt" size="2">Earnings per share:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 67.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="90">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="444">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Basic</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 67.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="90">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">0.41</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="444">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Diluted</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 67.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="90">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">0.34</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 333pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="444">
<p style="text-indent: 0.25in;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 30.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="41">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 67.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="90">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="30">
<p class="MsoNormal"> </p></td></tr></table>
161820000
145701000
253529000
124870000
-16119000
-128659000
6023000
5024000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 14</font></b><font class="_mt" size="2"> </font><b><font class="_mt" size="2">- Commitments, Guarantees, and Contingencies</font></b></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Broker-Dealer Commitments and Guarantees</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In the normal course of business, we enter into underwriting commitments. Settlement of transactions relating to such underwriting commitments, which were open at March 31, 2011, had no material effect in the consolidated financial statements.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In connection with margin deposit requirements of The Options Clearing Corporation, we pledged customer-owned securities valued at $75.3 million to satisfy the minimum margin deposit requirement of $53.7 million at March 31, 2011. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In connection with margin deposit requirements of the National Securities Clearing Corporation, we deposited $16.4 million in cash at March 31, 2011, which satisfied the minimum margin deposit requirements of $11.9 million.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We also provide guarantees to securities clearinghouses and exchanges under their standard membership agreement, which requires members to guarantee the performance of other members. Under the agreement, if another member becomes unable to satisfy its obligations to the clearinghouse, other members would be required to meet shortfalls. Our liability under these agreements is not quantifiable and may exceed the cash and securities we have posted as collateral. However, the potential requirement for us to make payments under these arrangements is considered remote. Accordingly, no liability has been recognized for these arrangements.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">On December 28, 2009, we announced that Stifel Nicolaus had reached an agreement with the State of Missouri, the State of Indiana, the State of Colorado, and with an association of other State securities regulatory authorities regarding the repurchase of ARS from Eligible ARS investors. As part of the agreement, we have accelerated the previously announced repurchase plan. We have agreed to repurchase ARS from Eligible ARS investors in four phases starting in January 2010 and ending on December 31, 2011. At March 31, 2011, we estimate that our retail clients held $62.2 million par value of eligible ARS after issuer redemptions of $44.1 million par value and Stifel repurchases of $90.0 million par value.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Phases two and three of the modified ARS repurchase plan were completed during the year ended December 31, 2010, in which we repurchased ARS of $39.2 million par value. During the final phase, which will be completed by December 31, 2011, we estimate that we will repurchase ARS of $62.0 million par value. The amount estimated for repurchase represents ARS held by our clients at March 31, 2011, and assumes no issuer redemptions. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="Default"><font class="_mt" size="2">Separately, TWP has entered into Settlement and Release Agreements ("Settlement Agreements") with certain customers, whereby it will purchase up to approximately $50.0 million par value of ARS in exchange for a release from any future claims. The amount estimated for repurchase assumes no issuer redemptions.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="Default"><font class="_mt" size="2">We have recorded a liability for our estimated exposure to the repurchase plans based upon a net present value calculation, which is subject to change and future events, including redemptions. ARS redemptions have been at par, and we believe will continue to be at par over the remaining repurchase period. Future periods' results may be affected by changes in estimated redemption rates or changes in the fair value of ARS.</font></p>
<p style="text-align: justify; margin-bottom: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Other Commitments</font></i></p>
<p style="text-align: justify; text-indent: 0.25in; margin-bottom: 6pt;" class="MsoNormal"><font class="_mt" size="2">In the ordinary course of business, Stifel Bank has commitments to extend credit in the form of commitments to originate loans, standby letters of credit, and lines of credit. See Note 19 in the notes to our consolidated financial statements for further details.</font></p>
<p style="text-align: justify; margin-bottom: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Fund Capital Commitments</font></i></p>
<p style="text-align: justify; text-indent: 0.25in; margin-bottom: 6pt;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011, our asset management subsidiaries had commitments to invest in affiliated and unaffiliated investment partnerships of $4.4 million. These commitments are generally called as investment opportunities are identified by the underlying partnerships. These commitments may be called in full at any time.</font></p>
<p style="line-height: 115%; margin-bottom: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Concentration of Credit Risk</font></i></p>
<p style="text-align: justify; text-indent: 0.25in; margin-bottom: 6pt;" class="MsoNormal"><font class="_mt" size="2">We provide investment, capital-raising, and related services to a diverse group of domestic customers, including governments, corporations, and institutional and individual investors. Our exposure to credit risk associated with the non-performance of customers in fulfilling their contractual obligations pursuant to securities transactions can be directly impacted by volatile securities markets, credit markets, and regulatory changes. This exposure is measured on an individual customer basis and on a group basis for customers that share similar attributes. To reduce the potential for risk concentrations, counterparty credit limits have been implemented for certain products and are continually monitored in light of changing customer and market conditions. As of March 31, 2011 and December 31, 2010, we did not have significant concentrations of credit risk with any one customer or counterparty, or any group of customers or counterparties.</font><i><font class="_mt" size="2"> </font></i></p>
0.15
0.15
97000000
97000000
52822428
53487849
7923000
8023000
14418000
18845000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 22</font></b><font class="_mt" size="2"> </font><b><font class="_mt" size="2">- Other Comprehensive Income</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following table sets forth the components of other comprehensive income for the three months ended March 31, 2011 and 2010 <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 157.85pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="210" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Three Months Ended March 31,</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 68.05pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="91" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="25">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 71.1pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="95" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Net income</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">31,398</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">23,740</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Other comprehensive income/(loss):</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Unrealized gains on available-for-sale securities, net of tax</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,193</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,908</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Unrealized (losses)/gains in cash flow hedging instruments, net of tax</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">2,806</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(3,370</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Foreign currency translation adjustment, net of tax</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">534</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">4,533</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(462</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Comprehensive income</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><b><font class="_mt" size="2">$ </font></b></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">35,931</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><font class="_mt" size="2">$ </font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">23,278</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 280.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="374">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 16</font></b><font class="_mt" size="2"> - </font><b><font class="_mt" size="2">Regulatory Capital Requirements</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We operate in a highly regulated environment and are subject to capital requirements, which may limit distributions to our company from its subsidiaries. Distributions from our broker-dealer subsidiaries are subject to net capital rules. A broker-dealer that fails to comply with the SEC's Uniform Net Capital Rule (Rule 15c3-1) may be subject to disciplinary actions by the SEC and self-regulatory organizations, such as FINRA, including censures, fines, suspension, or expulsion. Stifel Nicolaus and TWP have chosen to calculate their net capital under the alternative method, which prescribes that their net capital shall not be less than the greater of $1.0 million, or two percent of aggregate debit balances (primarily receivables from customers) computed in accordance with the SEC's Customer Protection Rule (Rule 15c3-3). CSA calculates its net capital under the aggregate indebtedness method, whereby its aggregate indebtedness may not be greater than fifteen times its net capital (as defined). </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011, Stifel Nicolaus had net capital of $200.6 million, which was 34.0% of aggregate debit items and $188.7 million in excess of its minimum required net capital. At March 31, 2011, CSA's and TWP's net capital exceeded the minimum net capital required under the SEC rule.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our international subsidiaries, SN Ltd and TWPIL, are subject to the regulatory supervision and requirements of the Financial Services Authority ("FSA") in the United Kingdom. At March 31, 2011, SN Ltd's and TWPIL's capital and reserves were in excess of the financial resources requirement under the rules of the FSA.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our Canadian subsidiary, SN Canada, is subject to the regulatory supervision and requirements of the Investment Industry Regulatory Organization of Canada ("IIROC"). At March 31, 2011, SN Canada's net capital and reserves was in excess of the financial resources requirement under the rules of the IIROC.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our company, as a bank holding company, and Stifel Bank are subject to various regulatory capital requirements administered by the Federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on our company's and Stifel Bank's financial results. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, our company and Stifel Bank must meet specific capital guidelines that involve quantitative measures of our assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. Our company's and Stifel Bank's capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Quantitative measures established by regulation to ensure capital adequacy require our company, as a bank holding company, and Stifel Bank to maintain minimum amounts and ratios of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and Tier 1 capital to average assets (as defined). Management believes, as of March 31, 2011, that our company and Stifel Bank meet all capital adequacy requirements to which they are subject and are considered to be categorized as "well capitalized" under the regulatory framework for prompt corrective action. To be categorized as "well capitalized," our company and Stifel Bank must maintain total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the tables below.</font></p><font class="_mt" size="2"> </font>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 7in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="672" colspan="19">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Stifel Financial Corp. - Federal Reserve Capital Amounts</font></b></p></td></tr>
<tr style="height: 36.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 180px; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Actual</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 1.3in; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="125" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">For Capital Adequacy Purposes</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 93.1pt; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="124" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">To Be Well Capitalized Under Prompt Corrective Action Provisions</font></b></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 67px; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amount</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 96px; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Ratio</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.4pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="61" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amount</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.1pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="51" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Ratio</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.9pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amount</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 37.8pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="50" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Ratio</font></b></p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom">
<p style="margin-left: 1.65pt;" class="MsoNormal"><font class="_mt" size="2">Total capital to risk-weighted assets</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 16px; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51px; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">860,983</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom"> </td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55px; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">27.6</font></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33px; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"><font class="_mt" size="2">%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$ </font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">249,188</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8.0</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">% </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="23">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.25pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">311,485</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">10.0</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">%</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom">
<p style="margin-left: 1.65pt;" class="MsoNormal"><font class="_mt" size="2">Tier 1 capital to risk-weighted assets</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16px; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51px; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">858,462</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom"> </td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55px; padding-right: 0in; height: 22px; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">27.6</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33px; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">124,594</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="23">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.25pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="14">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">186,891</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 22px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom">
<p style="margin-left: 1.65pt;" class="MsoNormal"><font class="_mt" size="2">Tier 1 capital to adjusted average total assets</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16px; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51px; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">858,462</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom"> </td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55px; padding-right: 0in; background: #ccffff; height: 23px; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">24.2</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33px; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">141,885</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="23">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.25pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="14">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">177,356</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">5.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 23px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16px; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51px; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55px; padding-right: 0in; height: 29px; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33px; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="46">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="37">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.25pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="46">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="37">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 29px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 7in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="672" colspan="19">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Stifel Bank - Federal Reserve Capital Amounts</font></b></p></td></tr>
<tr style="height: 36.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 180px; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="5">
<p style="text-align: center; text-indent: -1in; margin-left: 1in;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Actual</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 1.3in; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="125" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">For Capital Adequacy Purposes</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 36.7pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 93.1pt; padding-right: 0in; height: 36.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="124" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">To Be Well Capitalized Under Prompt Corrective Action Provisions</font></b></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 67px; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amount</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 96px; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" colspan="2">
<p style="text-align: center; text-indent: -1in; margin-left: 1in;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Ratio</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.4pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="61" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amount</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.1pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="51" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Ratio</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.9pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amount</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 37.8pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="50" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Ratio</font></b></p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom">
<p style="margin-left: 1.65pt;" class="MsoNormal"><font class="_mt" size="2">Total capital to risk-weighted assets</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 16px; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51px; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">125,556</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom"> </td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55px; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">12.8</font></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33px; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"><font class="_mt" size="2">%</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$ </font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">78,236</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8.0</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">% </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="23">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.25pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">97,795</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">10.0</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">%</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom">
<p style="margin-left: 1.65pt;" class="MsoNormal"><font class="_mt" size="2">Tier 1 capital to risk-weighted assets</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16px; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51px; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">123,035</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom"> </td>
<td style="border-bottom: medium none; text-align: right; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55px; padding-right: 0in; height: 21px; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom"><font class="_mt" size="2">12.6</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33px; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">39,118</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="23">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.25pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="14">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">58,677</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 21px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom">
<p style="margin-left: 1.65pt;" class="MsoNormal"><font class="_mt" size="2">Tier 1 capital to adjusted average total assets</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16px; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51px; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">123,035</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom"> </td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55px; padding-right: 0in; background: #ccffff; height: 25px; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" align="right"><font class="_mt" size="2">7.0</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33px; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">70,573</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="23">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.25pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="14">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="46" align="right"><font class="_mt" size="2">88,216</font></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">5.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 25px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 249px; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 4px; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16px; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51px; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17px; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55px; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 33px; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 23px; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="46">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="37">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="23">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.25pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="14">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 34.65pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="46"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.4pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 27.7pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="37">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 24px; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr></table>
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 19</font></b><font class="_mt" size="2"> - </font><b><font class="_mt" size="2">Off-Balance Sheet Credit Risk</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In the normal course of business, we execute, settle, and finance customer and proprietary securities transactions. These activities expose our company to off-balance sheet risk in the event that customers or other parties fail to satisfy their obligations.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In accordance with industry practice, securities transactions generally settle within three business days after trade date. Should a customer or broker fail to deliver cash or securities as agreed, we may be required to purchase or sell securities at unfavorable market prices.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We borrow and lend securities to facilitate the settlement process and finance transactions, utilizing customer margin securities held as collateral. We monitor the adequacy of collateral levels on a daily basis. We periodically borrow from banks on a collateralized basis, utilizing firm and customer margin securities in compliance with SEC rules. Should the counterparty fail to return customer securities pledged, we are subject to the risk of acquiring the securities at prevailing market prices in order to satisfy our customer obligations. We control our exposure to credit risk by continually monitoring our counterparties' positions, and where deemed necessary, we may require a deposit of additional collateral and/or a reduction or diversification of positions. Our company sells securities it does not currently own (short sales) and is obligated to subsequently purchase such securities at prevailing market prices. We are exposed to risk of loss if securities prices increase prior to closing the transactions. We control our exposure to price risk from short sales through daily review and setting position and trading limits. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We manage our risks associated with the aforementioned transactions through position and credit limits and the continuous monitoring of collateral. Additional collateral is required from customers and other counterparties when appropriate.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have accepted collateral in connection with resale agreements, securities borrowed transactions, and customer margin loans. Under many agreements, we are permitted to sell or repledge these securities held as collateral and use these securities to enter into securities lending arrangements or to deliver to counterparties to cover short positions. At March 31, 2010, the fair value of securities accepted as collateral where we are permitted to sell or repledge the securities was $1.1 billion, and the fair value of the collateral that had been sold or repledged was $143.5 million. At December 31, 2010, the fair value of securities accepted as collateral where we are permitted to sell or repledge the securities was $864.7 million, and the fair value of the collateral that had been sold or repledged was $109.6 million. </font></p>
<p style="text-align: justify; text-indent: 0.25in; margin: 6pt 0in 0pt;"><font class="_mt" size="2"> We enter into interest rate derivative contracts to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. Our derivative financial instruments are principally used to manage differences in the amount, timing, and duration of our known or expected cash payments related to certain variable-rate affiliated deposits. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for us making fixed-rate payments. Our interest rate hedging strategies may not work in all market environments and, as a result, may not be effective in mitigating interest rate risk. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Derivatives' notional contract amounts are not reflected as assets or liabilities in the consolidated statements of financial condition. Rather, the market, or fair value, of the derivative transactions are reported in the consolidated statements of financial condition as other assets or accounts payable and accrued expenses, as applicable.</font></p>
<p style="text-align: justify; text-indent: 0.25in; margin: 6pt 0in 0pt;"><font class="_mt" size="2">For a complete discussion of our activities related to derivative instruments, see Note 13 in the notes to our consolidated financial statements.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In the ordinary course of business, Stifel Bank has commitments to originate loans, standby letters of credit, and lines of credit. Commitments to originate loans are agreements to lend to a customer as long as there is no violation of any condition established by the contract. These commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since a portion of the commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash commitments. Each customer's creditworthiness is evaluated on a case-by-case basis. The amount of collateral obtained, if necessary, is based on the credit evaluation of the counterparty. Collateral held varies, but may include accounts receivable, inventory, property, plant and equipment, commercial real estate, and residential real estate. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011 and December 31, 2010, Stifel Bank had outstanding commitments to originate loans aggregating $53.6 million and $107.2 million, respectively. The commitments extended over varying periods of time, with all commitments at March 31, 2011 scheduled to be disbursed in the following two months. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Through Stifel Bank, in the normal course of business, we originate residential mortgage loans and sell them to investors. We may be required to repurchase mortgage loans that have been sold to investors in the event there are breaches of certain representations and warranties contained within the sales agreements. While we have yet to repurchase a loan sold to an investor, we may be required to repurchase mortgage loans that were sold to investors in the event that there was inadequate underwriting or fraud, or in the event that the loans become delinquent shortly after they are originated. We also may be required to indemnify certain purchasers and others against losses they incur in the event of breaches of representations and warranties and in various other circumstances, and the amount of such losses could exceed the repurchase amount of the related loans. Consequently, we may be exposed to credit risk associated with sold loans.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Standby letters of credit are irrevocable conditional commitments issued by Stifel Bank to guarantee the performance of a customer to a third party. Financial standby letters of credit are primarily issued to support public and private borrowing arrangements, including commercial paper, bond financing, and similar transactions. Performance standby letters of credit are issued to guarantee performance of certain customers under non-financial contractual obligations. The credit risk involved in issuing standby letters of credit is essentially the same as that involved in extending loans to customers. Should Stifel Bank be obligated to perform under the standby letters of credit, it may seek recourse from the customer for reimbursement of amounts paid. At March 31, 2011 and December 31, 2010, Stifel Bank had outstanding letters of credit totaling $9.2 million, respectively. One of the standby letters of credit has an expiration of January 1, 2012. All of the remaining standby letters of credit commitments at March 31, 2011, have expiration terms that are less than one year. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Lines of credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Lines of credit generally have fixed expiration dates. Stifel Bank uses the same credit policies in granting lines of credit as it does for on-balance sheet instruments. At March 31, 2011 and December 31, 2010, Stifel Bank had granted unused lines of credit to commercial and consumer borrowers aggregating $92.7 million and $97.4 million, respectively.</font></p>
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 11</font></b><font class="_mt" size="2"> </font><b><font class="_mt" size="2">- Short-Term Borrowings</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our short-term financing is generally obtained through short-term bank line financing on a secured basis, uncommitted short-term bank line financing on an unsecured basis and securities lending arrangements. We borrow from various banks on a demand basis with company-owned and customer securities pledged as collateral. The value of customer-owned securities used as collateral is not reflected in the consolidated statements of financial condition. We maintain available ongoing credit arrangements with banks that provided a peak daily borrowing of $340.4 million during the three months ended March 31, 2011. There are no compensating balance requirements under these arrangements. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011, short-term borrowings from banks were $299.7 million at an average rate of 1.59%, which were collateralized by company-owned securities valued at $343.8 million. At December 31, 2010, short-term borrowings from banks were $109.6 million at an average rate of 1.05%, which were collateralized by company-owned securities valued at $162.6 million. The average bank borrowing was $168.5 million and $106.4 million for the three months ended March 31, 2011 and 2010, respectively, at weighted average daily interest rates of 1.28% and 1.01%, respectively. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011 and December 31, 2010, Stifel Nicolaus had a stock loan balance of $112.6 million and $27.9 million, respectively, at weighted average daily interest rates of 0.33% and 0.26%, respectively. The average outstanding securities lending arrangements utilized in financing activities were $98.4 million and $36.1 million during the three months ended March 31, 2011 and 2010, respectively, at weighted average daily effective interest rates of 1.34% and 1.89%, respectively. Customer-owned securities were utilized in these arrangements.</font></p>
-3476000
23351000
197139000
171781000
<p style="line-height: 115%; margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 12</font></b><font class="_mt" size="2"> - </font><b><font class="_mt" size="2">Bank Deposits</font></b></p>
<p style="margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Deposits consist of money market and savings accounts, certificates of deposit, and demand deposits. Deposits at March 31, 2011 and December 31, 2010 were as follows <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 214.3pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="286">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 67.75pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="90" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, <br />2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="29">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 68.8pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="92" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, <br />2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.55pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 214.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="286">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="29">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 214.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="286">
<p class="MsoNormal"><font class="_mt" size="2">Money market and savings accounts</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$ </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,598,681</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="29">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,590,663</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 214.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="286">
<p class="MsoNormal"><font class="_mt" size="2">Demand deposits (interest-bearing)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">17,174</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="29">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">22,031</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 214.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="286">
<p class="MsoNormal"><font class="_mt" size="2">Demand deposits (non-interest-bearing)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">7,295</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="29">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8,197</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 214.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="286">
<p class="MsoNormal"><font class="_mt" size="2">Certificates of deposit</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">2,740</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="29">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,677</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 214.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="286">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b><font class="_mt" size="2"> </font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,625,890</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 22pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="29">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,623,568</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table>
<p style="margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The weighted average interest rate on deposits was 0.2% at March 31, 2011 and December 31, 2010, respectively.</font></p>
<p style="margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Scheduled maturities of certificates of deposit at March 31, 2011 and December 31, 2010 were as follows <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="342">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 78pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="104" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31,</font></b><font class="_mt" size="2"> <br /></font><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 78.8pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="105" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, <br />2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p class="MsoNormal"><b><font class="_mt" size="2">Certificates of deposit, less than $100:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Within one year</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">337</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">198</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">One to three years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">507</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">577</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Over three years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">178</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">190</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,022</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">965</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p class="MsoNormal"><b><font class="_mt" size="2">Certificates of deposit, $100 and greater:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Within one year</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b><font class="_mt" size="2"> </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">941</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">692</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">One to three years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">777</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,020</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Over three years</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,718</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,712</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">2,740</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,677</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 256.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="342">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="34">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011 and December 31, 2010, the amount of deposits includes deposits of related parties, including $1,600.0 million and $1,609.7 million, respectively, of brokerage customers' deposits from Stifel Nicolaus, and interest-bearing and time deposits of executive officers, directors, and their affiliates of $0.4 million, respectively. Such deposits were made in the ordinary course of business and were made on substantially the same terms (including interest rates) as those prevailing at the time for comparable transactions with other persons.</font></p>
1623568000
1625890000
5342000
5606000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 13</font></b><font class="_mt" size="2"> </font><b><font class="_mt" size="2">- Derivative Instruments and Hedging Activities</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Stifel Bank uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps generally involve the exchange of fixed and variable rate interest payments between two parties, based on a common notional principal amount and maturity date with no exchange of underlying principal amounts. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for our company making fixed payments. Our policy is not to offset fair value amounts recognized for derivative instruments and fair value amounts recognized for the right to reclaim cash collateral or the obligation to return cash collateral arising from derivative instruments recognized at fair value executed with the same counterparty under master netting arrangements.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following table provides the notional values and fair values of Stifel Bank's derivative instruments as of March 31, 2011 and December 31, 2010 <i>(in thousands)</i>:</font></p>
<div align="left">
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 326.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="435" colspan="10">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="top" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.2pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 114.95pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="153" colspan="3">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Asset derivatives</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 120.2pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="160" colspan="3">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Liability derivatives</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="top" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 60.8pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="81" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Notional Value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.1pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="72">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Balance sheet location</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Positive fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 62.95pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Balance sheet location</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.65pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.6pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Negative fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="top" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Derivatives designated as hedging instruments under Topic 815:</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.2pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="72">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 62.95pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.65pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="59">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="top" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 38.9pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Cash flow interest rate contracts</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.2pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">797,820</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.1pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="72">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Other assets</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="20">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,941</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 62.95pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Accounts payable and accrued expenses</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.65pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.6pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(6,660</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="72">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 62.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 326.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="435" colspan="10">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="top" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.2pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 114.95pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="153" colspan="3">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Asset derivatives</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 120.2pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="160" colspan="3">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Liability derivatives</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="top" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 60.8pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="81" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Notional Value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.1pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="72">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Balance sheet location</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Positive fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 62.95pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Balance sheet location</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.65pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.6pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Negative fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="top" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Derivatives designated as hedging instruments under Topic 815:</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.2pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="72">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 62.95pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.65pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="59">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="top" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 38.9pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Cash flow interest rate contracts</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.2pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">491,807</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.1pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="72">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Other assets</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="20">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 62.95pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Accounts payable and accrued expenses</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.65pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="17">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.6pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(9,259</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; background: #ccffff; height: 38.9pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 133.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="178">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="72">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="61">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 62.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="84">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr></table></div>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Cash Flow Hedges</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Stifel Bank has entered into interest rate swap agreements that effectively modify its exposure to interest rate risk by converting floating rate debt to a fixed rate debt over the next ten years. The agreements involve the receipt of floating rate amounts in exchange for fixed rate interest payments over the life of the agreement without an exchange of underlying principal amounts.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Any unrealized gains or losses related to cash flow hedging instruments are reclassified from accumulated other comprehensive income into earnings in the same period or periods during which the hedged forecasted transaction affects earnings and are recorded in interest expense on the accompanying consolidated statements of operations. Adjustments related to the ineffective portion of the cash flow hedging instruments are recorded in other income or other operating expense. There was no ineffectiveness recognized during the three months ended March 31, 2011. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on our variable rate deposits. During the next twelve months, the Company estimates that $13.0 million will be reclassified as an increase to interest expense. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following table shows the effect of our company's derivative instruments in the consolidated statements of operations for the three months ended March 31, 2011 and 2010 <i>(in thousands)</i>:</font></p>
<div align="left">
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="627">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="86">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="77">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 327.35pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="436" colspan="10">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Three Months Ended March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="top" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 0.85in;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; height: 0.85in; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 60.5pt; padding-right: 0in; height: 0.85in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="81" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><a name="OLE_LINK14"><b><font class="_mt" size="2">(Gain)/loss recognized in OCI (effectiveness)</font></b></a></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.25pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Location of loss reclassified from OCI into income</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.4pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.35pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Loss reclassified from OCI into income</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.8pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="86">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Location of loss recognized in OCI (ineffectiveness)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.35pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Loss recognized due to ineffectiveness</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; height: 0.85in; padding-top: 0in;" valign="top" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Cash flow interest rate contracts</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="11">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.9pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(1,135</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.25pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Interest expense</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.4pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.35pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,405</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.8pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="86">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">None</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.35pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="86">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="86">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="77">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 327.35pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="436" colspan="10">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Three Months Ended March 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="top" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 0.85in;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; height: 0.85in; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 60.5pt; padding-right: 0in; height: 0.85in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="81" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">(Gain)/loss recognized in OCI (effectiveness)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 51.25pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Location of loss reclassified from OCI into income</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.4pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.35pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Loss reclassified from OCI into income</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.8pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="86">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Location of loss recognized in OCI (ineffectiveness)</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.35pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 0.85in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Loss recognized due to ineffectiveness</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; height: 0.85in; padding-top: 0in;" valign="top" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Cash flow interest rate contracts</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="11">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.9pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,448</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.25pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Interest expense</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.4pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.35pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">78</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.8pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="86">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">None</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.35pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 135.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="180">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="69">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 51.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="86">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table></div>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We maintain a risk management strategy that incorporates the use of derivative instruments to minimize significant unplanned fluctuations in earnings caused by interest rate volatility. Our goal is to manage sensitivity to changes in rates by hedging the maturity characteristics of Fed-funds-based affiliated deposits, thereby limiting the impact on earnings. By using derivative instruments, we are exposed to credit and market risk on those derivative positions. We manage the market risk associated with interest rate contracts by establishing and monitoring limits as to the types and degree of risk that may be undertaken. Credit risk is equal to the extent of the fair value gain in a derivative if the counterparty fails to perform. When the fair value of a derivative contract is positive, this generally indicates that the counterparty owes our company and, therefore, creates a repayment risk for our company. When the fair value of a derivative contract is negative, we owe the counterparty and, therefore, have no repayment risk. See Note 5 in the notes to our consolidated financial statements for further discussion on how we determine the fair value of our financial instruments. We minimize the credit (or repayment) risk in derivative instruments by entering into transactions with high-quality counterparties that are reviewed periodically by senior management.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Credit Risk-Related Contingency Features</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have agreements with our derivative counterparties containing provisions where if we default on any of our indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then we could also be declared in default on our derivative obligations.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have agreements with certain of our derivative counterparties that contain provisions where if our shareholder's equity declines below a specified threshold or if we fail to maintain a specified minimum shareholder's equity, then we could be declared in default on our derivative obligations.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Certain of our agreements with our derivative counterparties contain provisions where if a specified event or condition occurs that materially changes our creditworthiness in an adverse manner, we may be required to fully collateralize our obligations under the derivative instrument.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Regulatory Capital-Related Contingency Features</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Certain of Stifel Bank's derivative instruments contain provisions that require it to maintain its capital adequacy requirements. If Stifel Bank were to lose its status as "adequately capitalized," it would be in violation of those provisions, and the counterparties of the derivative instruments could request immediate payment or demand immediate and ongoing full overnight collateralization on derivative instruments in net liability positions. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">As of March 31, 2011, the fair value of derivatives in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk, related to these agreements was $5.9 million. We have minimum collateral posting thresholds with certain of our derivative counterparties and have posted collateral of $16.7 million against our obligations under these agreements. If we had breached any of these provisions at March 31, 2011, we would have been required to settle our obligations under the agreements at the termination value.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Counterparty Risk</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In the event of counterparty default, our economic loss may be higher than the uncollateralized exposure of our derivatives if we were not able to replace the defaulted derivatives in a timely fashion. We monitor the risk that our uncollateralized exposure to each of our counterparties for interest rate swaps will increase under certain adverse market conditions by performing periodic market stress tests. These tests evaluate the potential additional uncollateralized exposure we would have to each of these derivative counterparties assuming changes in the level of market rates over a brief time period.</font></p>
<p style="margin-top: 6pt;" class="MsoNormal"><a name="OLE_LINK25"><b><font class="_mt" size="2">NOTE 17</font></b></a><font class="_mt" size="2"> - </font><b><font class="_mt" size="2">Employee Incentive, Deferred Compensation, and Retirement Plans</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We maintain several incentive stock award plans that provide for the granting of stock options, stock appreciation rights, restricted stock, performance awards, and stock units to our employees. Awards under our company's incentive stock award plans are granted at market value at the date of grant. Options expire ten years from the date of grant. The awards generally vest ratably over a three- to eight-year vesting period.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">All stock-based compensation plans are administered by the Compensation Committee of the Board of Directors ("Compensation Committee"), which has the authority to interpret the plans, determine to whom awards may be granted under the plans, and determine the terms of each award. According to these plans, we are authorized to grant an additional 4.7 million shares at March 31, 2011.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Stock-based compensation expense included in compensation and benefits expense in the consolidated statements of operations for our company's incentive stock award plans was $9.1 million and $15.5 million for the three months ended March 31, 2011 and 2010, respectively. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The tax benefit related to stock-based compensation recognized in shareholders' equity was $22.5 million and $12.7 million for the three months ended March 31, 2011 and 2010, respectively.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Stock Options</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have substantially eliminated the use of stock options as a form of compensation. During the three months ended March 31, 2011, no options were granted. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011, there was $0.1 million of unrecognized compensation expense related to non-vested options. The expense is expected to be recognized over a weighted-average period of 0.75 years. Cash proceeds from the exercise of stock options were $0.5 million and $1.1 million for the three months ended March 31, 2011 and 2010, respectively. Tax benefits realized from the exercise of stock options for the three months ended March 31, 2011 and 2010 were $0.8 million and $3.0 million, respectively. </font></p>
<p style="line-height: 115%; margin-bottom: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Stock Units</font></i></p>
<p style="text-align: justify; text-indent: 0.25in; margin-bottom: 6pt;" class="MsoNormal"><font class="_mt" size="2">A stock unit represents the right to receive a share of common stock from our company at a designated time in the future without cash payment by the employee and is issued in lieu of cash incentive, principally for deferred compensation and employee retention plans. At March 31, 2011, the total number of stock units outstanding was 13.8 million, of which 2.4 million were unvested.</font></p>
<p style="text-align: justify; text-indent: 0.25in; margin-bottom: 6pt;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011, there was unrecognized compensation cost for stock units of $94.5 million, which is expected to be recognized over a weighted-average period of 3.5 years.</font></p>
<p style="text-align: justify; margin-bottom: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Deferred Compensation Plans</font></i></p>
<p style="text-align: justify; text-indent: 0.25in; margin-bottom: 6pt;" class="MsoNormal"><font class="_mt" size="2">The Stifel Nicolaus Wealth Accumulation Plan (the "SWAP Plan") is provided to certain revenue producers, officers, and key administrative employees, whereby a certain percentage of their incentive compensation is deferred as defined by the Plan into company stock units with a 25% matching contribution by our company. Participants may elect to defer up to an additional 15% of their incentive compensation with a 25% matching contribution. Units generally vest over a three- to five-year period and are distributable upon vesting or at future specified dates. Deferred compensation costs are amortized on a straight-line basis over the vesting period. Elective deferrals are 100% vested. As of March 31, 2011, there were 7.6 million units outstanding under the Plan.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Additionally, the SWAP Plan provides Stifel Nicolaus' financial advisors who achieve certain levels of production, whereby a certain percentage of their earnings are deferred as defined by the plan, of which 50% is deferred into company stock units with a 25% matching contribution and 50% is deferred in mutual funds, which earn a return based on the performance of index mutual funds as designated by our company or a fixed income option. Financial advisors may elect to defer an additional 1% of earnings into company stock units with a 25% matching contribution. Financial advisors have no ownership in the mutual funds. Included in the investments on the consolidated statements of financial condition are investments in mutual funds of $33.4 million and $32.2 million at March 31, 2011 and December 31, 2010, respectively, that were purchased by our company to economically hedge, on an after-tax basis, its liability to the financial advisors who choose to base the performance of their return on the index mutual fund option. At March 31, 2011 and December 31, 2010, the deferred compensation liability related to the mutual fund option of $27.2 million and $23.9 million, respectively, is included in accrued compensation in the consolidated statements of financial condition.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In addition, certain financial advisors, upon joining our company, may receive company stock units in lieu of transition cash payments. Deferred compensation related to these awards generally vests over a five- to eight-year period. Deferred compensation costs are amortized on a straight-line basis over the deferral period. As of March 31, 2011, there were 6.1 million units outstanding under the two plans.</font></p>
73248000
55286000
181357000
181511000
0.52
0.60
0.45
0.50
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 23</font></b><font class="_mt" size="2"> </font><b><font class="_mt" size="2">- Earnings Per Share</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Basic EPS is computed by dividing earnings available to common shareholders by the weighted-average number of common shares outstanding. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. Diluted earnings per share include dilutive stock options and stock units under the treasury stock method. </font></p>
<p style="text-align: justify; text-indent: 0.25in; margin: 6pt 0in;" class="MsoNormal"><font class="_mt" size="2">The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2011 and 2010 <i>(in thousands, except per share data)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 153.95pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="205" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Three Months Ended March 31, </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 66.85pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="89" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="25">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 68.6pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="91" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Net income</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">31,398</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">23,740</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Shares for basic and diluted calculations:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Average shares used in basic computation</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">52,534</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">46,080</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Dilutive effect of stock options and units </font><sup><font class="_mt" size="2">(1)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">10,645</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,458</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Average shares used in diluted computation</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">63,179</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">52,538</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Net income per share:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Basic</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">0.60</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">0.52</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Diluted </font><sup><font class="_mt" size="2">(1)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b><font class="_mt" size="2"> </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">0.50</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">0.45</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 3.95in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="379">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; text-indent: -22.5pt; margin: 6pt 0in 0pt 22.5pt;" class="MsoNormal"><sup><font class="_mt" size="1"> (1)</font></sup><font class="_mt" size="1"> Diluted earnings per share is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Diluted earnings per share include stock options and units.</font></p>
<p style="margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">For the three months ended March 31, 2011 and 2010, the anti-dilutive effect from restricted stock units was immaterial.</font></p>
534000
12683000
22463000
12683000
22463000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 5 - Fair Value of Financial Instruments</font></b></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">We measure certain financial assets and liabilities at fair value on a recurring basis, including cash equivalents, trading securities owned, available-for-sale securities, investments, trading securities sold, but not yet purchased, and derivatives.</font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">The degree of judgment used in measuring the fair value of financial instruments generally correlates to the level of pricing observability. Pricing observability is impacted by a number of factors, including the type of financial instrument, whether the financial instrument is new to the market and not yet established, and the characteristics specific to the transaction. Financial instruments with readily available active quoted prices for which fair value can be measured from actively quoted prices generally will have a higher degree of pricing observability and a lesser degree of judgment used in measuring fair value. Conversely, financial instruments rarely traded or not quoted will generally have less, or no, pricing observability and a higher degree of judgment used in measuring fair value.</font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">The following is a description of the valuation techniques used to measure fair value on a recurring basis:</font></p>
<p class="NoteTitle"><i><font class="_mt" size="2">Cash Equivalents </font></i></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">Cash equivalents include highly liquid investments with original maturities of three months or less. Actively traded money market funds are measured at their net asset value, which approximates fair value, and classified as Level 1.</font></p>
<p class="NoteTitle"><i><font class="_mt" size="2">Financial Instruments (Trading securities and available-for-sale securities)</font></i></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">When available, the fair value of financial instruments are based on quoted prices in active markets and reported in Level 1. Level 1 financial instruments include highly liquid instruments with quoted prices, such as equities listed in active markets, certain corporate obligations, and U.S. treasury securities.</font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">If quoted prices are not available, fair values are obtained from pricing services, broker quotes, or other model-based valuation techniques with observable inputs, such as the present value of estimated cash flows and reported as Level 2. The nature of these financial instruments include instruments for which quoted prices are available but traded less frequently, instruments whose fair value have been derived using a model where inputs to the model are directly observable in the market, or can be derived principally from or corroborated by observable market data, and instruments that are fair valued using other financial instruments, the parameters of which can be directly observed. Level 2 financial instruments generally include mortgage-backed securities, corporate obligations infrequently traded, certain government and municipal obligations, asset-backed securities, and certain equity securities not actively traded.</font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">Level 3 financial instruments have little to no pricing observability as of the report date. These financial instruments do not have active two-way markets and are measured using management's best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. We have identified Level 3 financial instruments to include certain corporate obligations with unobservable pricing inputs, airplane trust certificates, and certain municipal obligations, which include ARS. Investments in certain corporate obligations, airplane trust certificates and municipal obligations with unobservable inputs are valued using management's best estimate of fair value, where the inputs require significant management judgment. ARS are valued based upon our expectations of issuer redemptions and using internal discounted cash flow models that utilize unobservable inputs.</font></p>
<p class="NoteTitle"><i><font class="_mt" size="2">Investments</font></i></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">Investments valued at fair value include ARS, investments in mutual funds, U.S. treasury securities, investments in public companies, private equity securities, partnerships, ARS, and warrants of public or private companies.</font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">Investments in public companies, mutual funds and U.S. treasury securities are valued based on quoted prices in active markets and reported in Level 1. Investments in certain private equity securities and partnerships with unobservable inputs and ARS for which the market has been dislocated and largely ceased to function are reported as Level 3 assets. Investments in certain equity securities with unobservable inputs are valued using management's best estimate of fair value, where the inputs require significant management judgment. ARS are valued based upon our expectations of issuer redemptions and using internal discounted cash flow models. </font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">Investments in partnerships and other investments include our general and limited partnership interests in investment partnerships and direct investments in non-public companies. These interests are carried at estimated fair value. The net assets of investment partnerships consist primarily of investments in non-marketable securities. The underlying investments held by such partnerships and direct investments in non-public companies are valued based on the estimated fair value ultimately determined by us in our capacity as general partner or investor and, in the case of an investment in an unaffiliated investment partnership, are based on financial statements prepared by an unaffiliated general partner.</font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">Warrants are valued based upon the Black-Scholes option-pricing model that uses discount rates and stock volatility factors of comparable companies as inputs. These inputs are subject to management judgment to account for differences between the measured investment and comparable companies and are reported as Level 3 assets.</font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">The valuation of these investments requires significant management judgment due to the absence of quoted market prices, inherent lack of liquidity, and long-term nature of these assets. As a result, these values cannot be determined with precision and the calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument.</font></p>
<p class="NoteTitle"><i><font class="_mt" size="2">Derivatives </font></i></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">Derivatives are valued using quoted market prices when available or pricing models based on the net present value of estimated future cash flows. The valuation models used require market observable inputs, including contractual terms, market prices, yield curves, credit curves, and measures of volatility. These measurements are classified as Level 2 within the fair value hierarchy and are used to value interest rate swaps.</font></p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">The following table summarizes the valuation of our financial instruments by pricing observability levels as of March 31, 2011 and December 31, 2010 <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="603">
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 259.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="346" colspan="11">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.55pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Total</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.65pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 1</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.65pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 2</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 3</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Assets:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Cash equivalents</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">18,114</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$ </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">18,114</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$ </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Trading securities owned:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government agency securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">105,921</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">105,921</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">7,945</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">7,945</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">308,318</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">97,977</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">195,786</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">14,555</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">47,350</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">46,864</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">486</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">91,876</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">91,876</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p class="MsoNormal"><font class="_mt" size="2">Total trading securities owned</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">561,410</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">152,786</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">394,069</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">14,555</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="229">
<p class="MsoNormal"><b><font class="_mt" size="2">Available-for-sale securities:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government agency securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">24,985</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">24,985</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">39,376</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">15,079</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">24,297</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Mortgage-backed securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">669,944</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">669,944</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Commercial</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">111,508</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">111,508</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Non-agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">26,555</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">26,555</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">290,356</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">123,220</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">167,136</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">28,052</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">28,052</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Total available-for-sale securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,190,776</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">123,220</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,043,259</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">24,297</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Investments:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">4,637</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,637</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Mutual funds</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">33,407</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">33,407</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">8,752</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8,752</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Auction rate securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">72,204</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">72,204</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">8,471</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8,471</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Other </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">50,542</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">10,130</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,806</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">38,606</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Total investments</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">178,013</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">56,926</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,806</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">119,281</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Total trading securities owned</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,948,313</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">351,046</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,439,134</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">158,133</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Derivative contracts </font><sup><font class="_mt" size="2">(1)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,941</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,941</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,950,254</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">351,046</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,441,075</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">158,133</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 403.85pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="538" colspan="12">
<p class="MsoNormal"><sup><font class="_mt" size="1">(1)</font></sup><font class="_mt" size="1"> Included in other assets in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table>
<p style="line-height: 115%; margin-bottom: 10pt;" class="MsoNormal"><b><font class="_mt" size="2"> </font></b> </p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="603">
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229"><b><font class="_mt" size="2"><br /><br /> </font></b>
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 259.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="346" colspan="11">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.55pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Total</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.65pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 1</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.65pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 2</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 3</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Liabilities:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 198.75pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="265" colspan="3">
<p class="MsoNormal"><b><font class="_mt" size="2">Trading securities sold, but not yet purchased:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">177,982</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">177,982</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government agency securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,067</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,067</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">140,338</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">62,412</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">77,926</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">47,537</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">47,504</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">33</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">485</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">485</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 185.15pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="247" colspan="2">
<p class="MsoNormal"><font class="_mt" size="2">Total trading securities sold, but not yet purchased</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">367,409</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">287,898</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">79,511</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Securities sold, but not yet purchased </font><sup><font class="_mt" size="2">(2)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">21,716</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">21,716</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Derivative contracts </font><sup><font class="_mt" size="2">(3)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,660</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,660</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; background: #ccffff; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; background: #ccffff; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">395,785</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">309,614</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">86,171</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 171.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="229">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.95pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.7pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 403.85pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="538" colspan="12">
<p class="MsoNormal"><sup><font class="_mt" size="1">(2)</font></sup><font class="_mt" size="1"> Included in other liabilities in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 13.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 403.85pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="538" colspan="12">
<p class="MsoNormal"><sup><font class="_mt" size="1">(3)</font></sup><font class="_mt" size="1"> Included in accounts payable and accrued expenses in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 13.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table><b><font class="_mt" size="2"><br /> </font></b>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="605">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 260.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="347" colspan="11">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Total</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 1</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 2</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Level 3</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Assets:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Cash equivalents</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">15,675</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$ </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">15,675</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$ </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Trading securities owned:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government agency securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">86,882</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">86,882</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">9,038</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,038</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">221,145</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">47,001</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">133,901</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">40,243</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">46,877</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">46,395</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">482</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">80,228</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">80,228</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18"> </td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p class="MsoNormal"><font class="_mt" size="2">Total trading securities owned</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">444,170</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">102,434</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">301,493</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">40,243</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p class="MsoNormal"><b><font class="_mt" size="2">Available-for-sale securities:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government agency securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">25,030</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">25,030</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">26,343</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">14,907</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">11,436</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Mortgage-backed securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">697,163</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">697,163</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Commercial</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">67,996</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">67,996</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Non-agency</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">29,273</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">29,273</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">154,901</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">34,897</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">120,004</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><a name="OLE_LINK15"><font class="_mt" size="2">-</font></a></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Asset-backed securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">12,008</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">12,008</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Total available-for-sale securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,012,714</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">34,897</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">966,381</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">11,436</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Investments:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">3,335</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,335</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Mutual funds</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">32,193</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">32,193</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">8,751</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><a name="OLE_LINK11"><font class="_mt" size="2">8,751</font></a></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Auction rate securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">76,826</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">76,826</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,533</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,533</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Other </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">51,298</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">10,489</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,307</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">38,502</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Total investments</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">178,936</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">54,768</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,307</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">121,861</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,651,495</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$ </font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">207,774</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,270,181</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2"> $</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">173,540</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Liabilities:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Trading securities sold, but not yet purchased:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">131,561</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">131,561</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government agency securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">664</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">664</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">61,026</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">18,815</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">37,526</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,685</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,800</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,780</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">20</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">89</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">89</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 185.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="248" colspan="2">
<p class="MsoNormal"><font class="_mt" size="2">Total trading securities sold, but not yet purchased</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">200,140</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">157,156</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">38,299</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,685</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Securities sold, but not yet purchased </font><sup><font class="_mt" size="2">(1)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">19,935</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">19,935</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Derivative contracts </font><sup><font class="_mt" size="2">(2)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">9,259</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,259</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">229,334</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">177,091</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">47,558</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,685</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: 1px solid; padding-bottom: 0in; padding-left: 0in; width: 172.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="230">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: 1px solid; padding-bottom: 0in; padding-left: 0in; width: 13.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 405.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="540" colspan="12">
<p class="MsoNormal"><sup><font class="_mt" size="1">(1)</font></sup><font class="_mt" size="1"> Included in other liabilities in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 405.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="540" colspan="12">
<p class="MsoNormal"><sup><font class="_mt" size="1">(2)</font></sup><font class="_mt" size="1"> Included in accounts payable and accrued expenses in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 41.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="55">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-indent: 0.25in;" class="NoteTitle"> </p>
<p style="text-indent: 0.25in;" class="NoteTitle"><font class="_mt" size="2">The following table summarizes the changes in fair value carrying values associated with Level 3 financial instruments during the quarter ended March 31, 2011 <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="646">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 335.35pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="447" colspan="17">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Three Months Ended March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 276.85pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="369" colspan="14">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Financial Assets</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.4pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="61" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Financial Liabilities</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="50">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 158.2pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="211" colspan="8">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Investments</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 0.6in;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 0.6in; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.8pt; padding-right: 0in; height: 0.6in; padding-top: 0in;" valign="bottom" width="65" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Corporate Fixed Income Securities </font><sup><font class="_mt" size="2">(1)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 0.6in; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.4pt; padding-right: 0in; height: 0.6in; padding-top: 0in;" valign="bottom" width="65" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">State and Municipal Securities </font><sup><font class="_mt" size="2">(2)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 0.6in; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 0.6in; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Auction Rate Securities - Equity</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 0.6in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.25pt; padding-right: 0in; height: 0.6in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="58" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Auction Rate Securities - Municipal</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 0.6in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 42.75pt; padding-right: 0in; height: 0.6in; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="57" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Other</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 0.6in; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.4pt; padding-right: 0in; height: 0.6in; padding-top: 0in;" valign="bottom" width="61" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Corporate Fixed Income Securities </font><sup><font class="_mt" size="2">(3)</font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 0.6in; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="50">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Balance at December 31, 2010</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$ </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">40,243</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">11,436</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">76,826</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,533</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">38,502</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">4,685</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Unrealized gains/(losses):</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Included in changes in net assets</font><sup><font class="_mt" size="2"> (4)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(422</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(147</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(167</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,146</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Included in OCI </font><sup><font class="_mt" size="2">(5)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(64</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Realized gains/(losses) </font><sup><font class="_mt" size="2">(4) </font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">710</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(188</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(36</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Purchases</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">139,422</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">13,000</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">200</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,430</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">693</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,228</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Sales</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(159,363</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(8,877</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Redemptions</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(193</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(75</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(4,675</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(325</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(2,547</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Transfers:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Into Level 3</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Out of Level 3</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(5,842</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: 7.3pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Net change</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(25,668</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">12,861</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(4,622</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,938</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">104</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(4,685</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Balance at March 31, 2011</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">14,555</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="50">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">24,297</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">72,204</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">8,471</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">38,606</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 139.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="186">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="51">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.15in; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 37.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="50">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 39.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="53">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="43">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 384.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="512" colspan="14">
<p class="MsoNormal"><sup><font class="_mt" size="1">(1)</font></sup><font class="_mt" size="1"> Included in trading securities owned in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 416.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="555" colspan="15">
<p class="MsoNormal"><sup><font class="_mt" size="1">(2)</font></sup><font class="_mt" size="1"> Included in available-for-sale securities in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 416.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="555" colspan="15">
<p class="MsoNormal"><sup><font class="_mt" size="1">(3)</font></sup><font class="_mt" size="1"> Included in trading securities sold, but not yet purchased in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 32.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="43">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 474.85pt; padding-right: 0in; background: #ccffff; height: 24.5pt; padding-top: 0in;" valign="bottom" width="633" colspan="18">
<p class="MsoNormal"><sup><font class="_mt" size="1">(4)</font></sup><font class="_mt" size="1"> Realized and unrealized gains/(losses) related to trading securities and investments are reported in other income in the consolidated statements of operations.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 474.85pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="633" colspan="18">
<p class="MsoNormal"><sup><font class="_mt" size="1">(5)</font></sup><font class="_mt" size="1"> Unrealized gains/(losses) related to available-for-sale securities are reported in accumulated other comprehensive income in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.85pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The results included in the table above are only a component of the overall investment strategies of our company. The table above does not present Level 1 or Level 2 valued assets or liabilities. The changes to our company's Level 3 classified instruments were principally a result of: purchases of ARS from our customers, unrealized gains and losses, and redemptions of ARS at par during the three months ended March 31, 2011. There were $5.8 million of transfers from Level 3 to Level 2 during the three months ended March 31, 2011 related to securities for which market trades were observed that provided transparency into the valuation of these assets. There were no changes in unrealized gains/(losses) recorded in earnings for the year ended March 31, 2011 relating to Level 3 assets still held at March 31, 2011. </font></p>
<p style="text-indent: 0in; margin: 6pt 0in 0pt;" class="BodyText25"><i><font class="_mt" size="2">Transfers Within the Fair Value Hierarchy</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We assess our financial instruments on a quarterly basis to determine the appropriate classification within the fair value hierarchy, as defined by Topic 820. Transfers between fair value classifications occur when there are changes in pricing observability levels. Transfers of financial instruments among the levels are deemed to occur at the beginning of the reporting period. There were $12.0 million of transfers of financial assets from Level II to Level I during the three months ended March 31, 2011 related to tax-exempt securities and equity securities for which market trades were observed that provided transparency into the valuation of these assets. </font></p>
<p style="text-indent: 0in; margin: 6pt 0in 0pt;" class="BodyText25"><i><font class="_mt" size="2">Fair Value of Financial Instruments</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following reflects the fair value of financial instruments, as of March 31, 2011 and December 31, 2010, whether or not recognized in the consolidated statements of financial condition at fair value <i>(in thousands)</i>.</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 121.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="163" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 121.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="161" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.1pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Carrying value</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.15pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="74" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Estimated </font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">fair value</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.15pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Carrying<b> </b><br />value</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.9pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Estimated <br />fair value</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Financial assets:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="59">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Cash and cash equivalents</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">124,870</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">124,870</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">253,529</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">253,529</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Restricted cash</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,871</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,871</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,868</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,868</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Cash segregated for regulatory purposes</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">5,024</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">5,024</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,023</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,023</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Securities purchased under agreements to resell</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">214,233</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">214,233</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">123,617</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">123,617</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Trading securities owned</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">561,410</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">561,410</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">444,170</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">444,170</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Available-for-sale securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,190,776</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,190,776</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,012,714</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,012,714</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Held-to-maturity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">63,177</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">64,111</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">52,640</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">52,984</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Loans held for sale</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">30,866</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">30,866</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">86,344</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">86,344</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Bank loans</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">397,156</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">384,092</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">389,742</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">376,176</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Investments</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">178,013</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">178,013</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">178,936</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">178,936</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Derivative contracts </font><sup><font class="_mt" size="2">(1)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,941</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,941</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Financial liabilities:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Securities sold under agreements to repurchase</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">143,506</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">143,506</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">109,595</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">109,595</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Non-interest-bearing deposits</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">7,295</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">7,122</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8,197</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">7,980</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Interest-bearing deposits</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,618,595</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,564,962</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,615,371</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,565,199</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Trading securities sold, but not yet purchased</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">367,409</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">367,409</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">200,140</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">200,140</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Securities sold, but not yet purchased </font><sup><font class="_mt" size="2">(2)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">21,716</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">21,716</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">19,935</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">19,935</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Derivative contracts </font><sup><font class="_mt" size="2">(3)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,660</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,660</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,259</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,259</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Liabilities subordinated to the claims of general creditors</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,957</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,510</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8,241</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="58">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">7,739</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 199.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="266">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 44.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="59">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 417.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="556" colspan="12">
<p class="MsoNormal"><sup><font class="_mt" size="1">(1)</font></sup><font class="_mt" size="1"> Included in other assets in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 417.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="556" colspan="12">
<p class="MsoNormal"><sup><font class="_mt" size="1">(2)</font></sup><font class="_mt" size="1"> Included in other liabilities in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 417.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="556" colspan="12">
<p class="MsoNormal"><sup><font class="_mt" size="1">(3)</font></sup><font class="_mt" size="1"> Included in accounts payable and accrued expenses in the consolidated statements of financial condition.</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="58">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following, as supplemented by the discussion above, describes the valuation techniques used in estimating the fair value of our financial instruments as of March 31, 2011 and December 31, 2010. </font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">Financial Assets</font></b></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Securities Purchased Under Agreements to Resell</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Securities purchased under agreements to resell are collateralized financing transactions that are recorded at their contractual amounts plus accrued interest. The carrying values at March 31, 2011 and December 31, 2010 approximate fair value.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Held-to-Maturity Securities</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Securities held to maturity are recorded at amortized cost based on our company's positive intent and ability to hold these securities to maturity. Securities held to maturity include asset-backed securities, consisting of collateralized debt obligation securities and ARS. The fair value is determined using several factors; however, primary weight is given to discounted cash flow modeling techniques that incorporated an estimated discount rate based upon recent observable debt security issuances with similar characteristics. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The decrease in fair value below the carrying amount of our asset-backed security at March 31, 2011 and December 31, 2010 is primarily due to unrealized losses that were caused by: illiquid markets for collateralized debt obligations, global disruptions in the credit markets, increased supply of collateralized debt obligation secondary market securities from distressed sellers, and difficult times in the banking sector. The decrease in fair value below the carrying amount of our asset-backed security as of March 31, 2011 was offset by unrealized gains on our ARS.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Loans Held for Sale</font></i></p>
<p style="text-align: justify; text-indent: 0.25in; margin: 6pt 0in 0pt;"><font class="_mt" size="2">Loans held for sale consist of fixed-rate and adjustable-rate residential real estate mortgage loans intended for sale. Loans held for sale are stated at lower of cost or fair value. Fair value is determined based on prevailing market prices for loans with similar characteristics or on sale contract prices. The carrying values at March 31, 2011 and December 31, 2010 approximate fair value.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Bank Loans</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The fair values of mortgage loans and commercial loans were estimated using a discounted cash flow method, a form of the income approach. Discount rates were determined considering rates at which similar portfolios of loans would be made under current conditions and considering liquidity spreads applicable to each loan portfolio based on the secondary market.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">Financial Liabilities</font></b></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Securities Sold Under Agreements to Repurchase</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Securities sold under agreements to repurchase are collateralized financing transactions that are recorded at their contractual amounts plus accrued interest. The carrying values at March 31, 2011 and December 31, 2010 approximate fair value.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Non-Interest-Bearing Demand Deposits</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The fair value of non-interest-bearing demand deposits was estimated using a discounted cash flow method. </font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Interest-Bearing Deposits</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The fair value of money market and savings accounts represents the amounts payable on demand. The fair value of other interest-bearing deposits, including certificates of deposit, was calculated by discounting the future cash flows using discount rates based on the expected current market rates for similar products with similar remaining terms.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Liabilities Subordinated to Claims of General Creditors</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The fair value of subordinated debt was measured using the interest rates commensurate with borrowings of similar terms. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">These fair value disclosures represent our best estimates based on relevant market information and information about the financial instruments. Fair value estimates are based on judgments regarding future expected losses, current economic conditions, risk characteristics of the various instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in the above methodologies and assumptions could significantly affect the estimates.</font></p>
200140000
367409000
5744000
6649000
1577000
1345000
-8000
3317000
301919000
302022000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 10</font></b><font class="_mt" size="2"> - </font><b><font class="_mt" size="2">Goodwill and Intangible Assets</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Goodwill impairment is tested at the reporting unit level, which is an operating segment or one level below an operating segment on an annual basis. Our reporting units are Private Client Group, Fixed Income Capital Markets, Equity Capital Markets, and Stifel Bank. The goodwill impairment analysis is a two-step test. The first step, used to identify potential impairment, involves comparing each reporting unit's fair value to its carrying value, including goodwill. If the fair value of a reporting unit exceeds its carrying value, applicable goodwill is considered not to be impaired. If the carrying value exceeds fair value, there is an indication of impairment and the second step is performed to measure the amount of impairment. No indicators of impairment were identified during our annual impairment testing as of July 31, 2010. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The carrying amount of goodwill and intangible assets attributable to each of our reporting units is presented in the following table <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.65pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="224">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 59.3pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="79" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">December 31, 2010</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.1pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Net additions</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.3pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Impairment losses</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 59.7pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="80" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="224">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Goodwill</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="224">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Global Wealth Management</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">128,524</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">10</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">128,534</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="224">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Institutional Group</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">173,395</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">93</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">173,488</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="224">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">301,919</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">103</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">302,022</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="224">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"> </p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="623">
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.45pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="223">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 59.3pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="79" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">December 31, 2010</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.1pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Adjustments</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.3pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Amortization</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 59.1pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="79" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="223">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Intangible assets</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="223">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Global Wealth Management</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">21,463</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(642</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 10.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">20,821</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="223">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Institutional Group</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">13,132</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(31</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(422</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">12,679</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="223">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">34,595</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(31</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(1,064</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">33,500</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 167.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="223">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 49.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="66">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.9pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="13">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 10.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="14">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 7.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Amortizable intangible assets consist of acquired customer relationships, trade name, non-compete agreements, and investment banking backlog that are amortized to expense over their contractual or determined useful lives. Intangible assets subject to amortization as of March 31, 2011 and December 31, 2010 were as follows <i>(in thousands)</i>:</font></p>
<div align="left">
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 144.9pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="193" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 145.75pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="194" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 144.9pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="193" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 145.75pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="194" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="87" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Gross carrying value</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.1pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.8pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="88" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Accumulated Amortization</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 64.85pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="86" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Gross carrying value</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 65.8pt; padding-right: 0in; height: 24.5pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="88" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Accumulated Amortization</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Customer relationships</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.65pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">37,068</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">11,894</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">37,068</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">11,015</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Trade name</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">7,981</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">495</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">7,981</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">364</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Non-compete agreement</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">2,441</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">2,292</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,441</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,238</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Investment banking backlog</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">2,199</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,508</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,230</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,508</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">49,689</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">16,189</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">49,720</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">15,125</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 140.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="188">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 50.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="68">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 0.1in; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="10">
<p class="MsoNormal"> </p></td></tr></table></div>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Amortization expense related to intangible assets was $1.1 million and $0.8 million for the three months ended March 31, 2011 and 2010, respectively. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The weighted-average remaining lives of the following intangible assets at March 31, 2011 are: customer relationships, 7.5 years; trade name, 14.3 years; and non-compete agreements, 0.7 years. The investment banking backlog will be amortized over their estimated lives, which we expect to be within the next three months. As of March 31, 2011, we expect amortization expense in future periods to be as follows <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Fiscal year</font></b></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Remainder of 2011</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,124</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">2012</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,909</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">2013</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,482</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">2014</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,185</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">2015</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,853</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Thereafter</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">15,947</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">33,500</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 45.1pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="60">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr></table>
52640000
63177000
39565000
50684000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 20 - Income Taxes</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our effective rate for the three months ended March 31, 2011 was 38.1%, compared to 40.0% for the three months ended March 31, 2010. The provision for income taxes for the three months ended March 31, 2011 was reduced primarily as a result of the release of the valuation allowance due to unrealized capital gains, which offset previously recorded unrealized capital losses.</font></p>
19473000
4323000
15825000
19286000
55480000
-77388000
25064000
85361000
-29667000
-6756000
12470000
-6636000
-58948000
2322000
92455000
167269000
-116432000
-151611000
-11474000
-17962000
-7943000
-14029000
-19530000
11265000
-12995000
-42560000
131258000
117240000
34595000
33500000
14647000
18856000
2341000
6242000
2238000
5982000
34221000
41418000
178936000
178013000
35000000
35000000
12500000
35000000
35000000
12500000
206242000
231166000
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">Note 15 - Legal Proceedings</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our company and its subsidiaries are named in and subject to various proceedings and claims arising primarily from our securities business activities, including lawsuits, arbitration claims, class actions, and regulatory matters. Some of these claims seek substantial compensatory, punitive, or indeterminate damages. Our company and its subsidiaries are also involved in other reviews, investigations, and proceedings by governmental and self-regulatory organizations regarding our business, which may result in adverse judgments, settlements, fines, penalties, injunctions, and other relief. We are contesting the allegations in these claims, and we believe that there are meritorious defenses in each of these lawsuits, arbitrations, and regulatory investigations. In view of the number and diversity of claims against the company, the number of jurisdictions in which litigation is pending, and the inherent difficulty of predicting the outcome of litigation and other claims, we cannot state with certainty what the eventual outcome of pending litigation or other claims will be. In our opinion, based on currently available information, review with outside legal counsel, and consideration of amounts provided for in our consolidated financial statements with respect to these matters, the ultimate resolution of these matters will not have a material adverse impact on our financial position. However, resolution of one or more of these matters may have a material effect on the results of operations in any future period, depending upon the ultimate resolution of those matters and depending upon the level of income for such period.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The regulatory investigations include inquiries from the SEC and a state regulatory authority relating to our role in investments made by five Southeastern Wisconsin school districts (the "school districts") in transactions involving collateralized debt obligations ("CDO"). We are fully cooperating with the SEC and the state regulatory authority in these investigations and have provided information and testimony. On April 1, 2011, we announced that the SEC has made a preliminary determination to recommend the filing of a civil or administrative enforcement action in connection with its investigation. This preliminary determination is neither a formal allegation nor evidence of wrongdoing. Stifel Nicolaus has submitted its response to the SEC.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We were named in a civil lawsuit filed in the Circuit Court of Milwaukee, Wisconsin (the "Wisconsin State Court") on September 29, 2008. The lawsuit has been filed against our company, Stifel Nicolaus, Royal Bank of Canada Europe Ltd. ("RBC"), and certain other RBC entities (collectively the "Defendants") by the school districts and the individual trustees for other post-employment benefit ("OPEB") trusts established by those school districts (collectively the "Plaintiffs"). </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The suit arises out of purchases of certain CDO by the OPEB trusts. The RBC entities structured and served as "arranger" for the CDO. We served as the placement agent/broker in connection with the transactions. The school districts each formed trusts that made investments designed to address their OPEB liabilities. The total amount of the investments made by the OPEB trusts was $200.0 million. Since the investments were made, we believe their value has declined significantly and may ultimately result in a total loss for the OPEB trusts. The Plaintiffs have asserted that the school districts contributed $37.5 million to the OPEB trusts to purchase the investments. The balance of $162.5 million used to purchase the investments was borrowed by the OPEB trusts from Depfa Bank. The recourse of Depfa Bank, as lender, is each of the OPEB trusts' respective assets and the moral obligation of each school district. The legal claims asserted include violation of the Wisconsin Securities Act, fraud, and negligence. The lawsuit seeks equitable relief, unspecified compensatory damages, treble damages, punitive damages, and attorney's fees and costs. The Plaintiffs claim that the RBC entities and our company either made misrepresentations or failed to disclose material facts in connection with the sale of the CDO, and thus allegedly violated the Wisconsin Securities Act. We believe the Plaintiffs reviewed and understood the relevant offering materials and that the investments were suitable based upon, among other things, our receipt of written acknowledgement of risks from each of the Plaintiffs. The Wisconsin State Court denied the Defendants' motions to dismiss, and the Defendants have responded to the allegations of the Second Amended Complaint, denying the substantive allegations and asserting various affirmative defenses. Stifel Nicolaus and the RBC entities have asserted cross-claims for indemnity and contribution against each other. We believe, based upon currently available information and review with outside counsel, that we have meritorious defenses to this lawsuit, and intend to vigorously defend all of the Plaintiffs' claims.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Prior to the acquisition of TWPG, the Financial Industry Regulatory Authority ("FINRA") commenced an administrative proceeding against TWP, a wholly owned broker-dealer subsidiary of TWPG, related to a transaction undertaken by a former employee in which approximately $15.7 million of ARS were sold from a TWPG account to the accounts of three customers. FINRA has alleged that TWP violated various NASD and FINRA rules, as well as Section 10(b) of the Securities Exchange Act and Rule 10b-5. TWP has filed an answer denying the substantive allegations and asserting various affirmative defenses. TWP has repurchased the ARS at issue from the customers at par. FINRA is seeking fines and other relief against TWP and the former employee. TWP is defending the FINRA proceeding vigorously.</font></p>
2950991000
3243241000
4213115000
4537205000
389742000
397156000
86344000
30866000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 8</font></b><font class="_mt" size="2"> - </font><b><font class="_mt" size="2">Bank Loans</font></b></p>
<p style="text-align: justify; text-indent: 0.25in; margin: 6pt 0in;" class="MsoNormal"><font class="_mt" size="2">The following table presents the balance and associated percentage of each major loan category in Stifel Bank's loan portfolio at March 31, 2011 and December 31, 2010 <i>(in thousands, except percentages)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="623">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 111.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="148" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31, 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 1.5in; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="144" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Balance</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.85pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="58" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Percent</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 52.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="70" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Balance</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="58" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">Percent</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Consumer </font><sup><font class="_mt" size="2">(1)</font></sup></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">258,199</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">64.6</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">%</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">266,806</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">68.2</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">%</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Commercial and industrial</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">61,342</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">15.4</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">41,965</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">10.7</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Residential real estate</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">49,779</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">12.5</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">49,550</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">12.7</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Home equity lines of credit</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">27,983</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">7.0</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">30,966</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">7.9</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Commercial real estate</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,576</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">0.4</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">1,637</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">0.4</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Construction and land</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">524</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">0.1</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">524</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">0.1</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">399,403</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">100.0</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><b><font class="_mt" size="2">%</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">391,448</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">100.0</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"><font class="_mt" size="2">%</font></p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 205.75pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="274" colspan="2">
<p style="text-indent: -15.05pt; margin-left: 15.05pt;" class="MsoNormal"><font class="_mt" size="2">Unamortized loan origination costs, net of loan fees</font></p>
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">270</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">392</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p class="MsoNormal"><font class="_mt" size="2">Loans in process</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">4</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">233</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Allowance for loan losses</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">(2,521</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><b><font class="_mt" size="2">)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(2,331</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">397,156</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">389,742</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 186.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="249">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 43.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="57">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.2pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 19.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="26">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 40.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="54">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 31.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="42">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 11.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="15">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; text-indent: 0in; margin-left: 0in;" class="MsoNormal"><sup><font class="_mt" size="1">(1) </font></sup><font class="_mt" size="1">Includes securities-based loans of $257.8 million and $266.1 million at March 31, 2011 and December 31, 2010, respectively.</font></p>
<p style="text-align: justify; text-indent: 0.25in; margin: 6pt 0in;" class="MsoNormal"><font class="_mt" size="2">Changes in the allowance for loan losses for the periods presented were as follows (<i>in thousands</i>):</font></p>
<table style="border-bottom: medium none; border-left: medium none; border-collapse: collapse; border-top: medium none; border-right: medium none;" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 165.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="220" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Three Months Ended March 31, </font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 71.2pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="95" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 72.85pt; padding-right: 0in; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="97" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">2010</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"><b><font class="_mt" size="2">Allowance for loan losses, beginning of period</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">2,331</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><b><font class="_mt" size="2">$ </font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,702</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"><font class="_mt" size="2">Provision for loan losses</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">185</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">113</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"><font class="_mt" size="2">Charge-offs:</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Residential real estate</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(149</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"><font class="_mt" size="2">Recoveries</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">5</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"><b><font class="_mt" size="2">Allowance for loan losses, end of period</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">2,521</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,669</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 267.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="357">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 23.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="31">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 21.25pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="28">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="20">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 58pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 11.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="16">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">A loan is impaired when it is probable that interest and principal payments will not be made in accordance with the contractual terms of the loan agreement<a name="OLE_LINK7">. </a>At March 31, 2011, we had $0.4 million of nonaccrual loans that were more than 90 days past due, for which there was a specific allowance of $0.1 million. Further, we had $0.4 million in troubled debt restructurings at March 31, 2011. At December 31, 2010, we had $1.1 million of nonaccrual loans that were more than 90 days past due, for which there was a specific allowance of $0.2 million. Further, we had $0.4 million in troubled debt restructurings at December 31, 2010. The gross interest income related to impaired loans, which would have been recorded had these loans been current in accordance with their original terms, and the interest income recognized on these loans during the year, were insignificant to the consolidated financial statements.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In general, we are a secured lender. At March 31, 2011 and December 31, 2010 97.2% and 97.7% of our loan portfolio was collateralized, respectively. Collateral is required in accordance with the normal credit evaluation process based upon the creditworthiness of the customer and the credit risk associated with the particular transaction.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011 and December 31, 2010, Stifel Bank had loans outstanding to its executive officers, directors, and their affiliates in the amount of $0.8 million and $0.9 million, respectively, and loans outstanding to other Stifel Financial Corp. executive officers, directors, and their affiliates in the amount of $2.8 million and $3.5 million, respectively. Such loans and other extensions of credit were made in the ordinary course of business and were made on substantially the same terms (including interest rates and collateral requirements) as those prevailing at the time for comparable transactions with other persons.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011 and December 31, 2010, we had mortgage loans held for sale of $30.9 million and $86.3 million, respectively. For the three months ended March 31, 2011 and 2010, we recognized gains of $2.0 million and $1.1 million, respectively, from the sale of loans originated for sale, net of fees and costs to originate these loans.</font></p>
56901000
334966000
6370000
-211915000
-79390000
-252244000
23740000
31398000
272465000
315929000
1945000
6256000
24858000
29325000
<p class="MsoNormal"><b><font class="_mt" size="2">NOTE 1 - Nature of Operations and Basis of Presentation</font></b></p>
<p style="margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Nature of Operations</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Stifel Financial Corp. (the "Parent"), through its wholly owned subsidiaries, principally Stifel, Nicolaus & Company, Incorporated ("Stifel Nicolaus"), Thomas Weisel Partners LLC ("TWP"), Century Securities Associates, Inc. ("CSA"), Stifel Nicolaus Limited ("SN Ltd"), Stifel Nicolaus Canada, Inc. ("SN Canada"), Thomas Weisel Partners International Limited ("TWPIL"), and Stifel Bank & Trust ("Stifel Bank"), is principally engaged in retail brokerage; securities trading; investment banking; investment advisory; retail, consumer, and commercial banking; and related financial services. Although we have offices throughout the United States, two Canadian cities, and three European cities, our major geographic area of concentration is in the Midwest and Mid-Atlantic regions, with a growing presence in the Northeast, Southeast and Western United States. Our company's principal customers are individual investors, corporations, municipalities, and institutions.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">On July 1, 2010, we acquired Thomas Weisel Partners Group, Inc. ("TWPG"), an investment bank focused principally on the growth sectors of the economy, which generates revenues from three principal sources: investment banking, brokerage, and asset management. The investment banking group is comprised of two primary categories of services: corporate finance and strategic advisory. The brokerage group provides equity sales and trading services to institutional investors and offers brokerage and advisory services to high-net-worth individuals and corporate clients. The asset management group consists of: private investment funds, public equity investment products, and distribution management. The employees of the investment banking, research, and institutional brokerage businesses of TWP, a wholly owned subsidiary of TWPG, were transitioned into Stifel Nicolaus during the third quarter of 2010. TWP remains a wholly owned broker-dealer subsidiary of the Parent.</font></p>
<p style="margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Basis of Presentation</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The consolidated financial statements include Stifel Financial Corp. and its wholly owned subsidiaries, principally Stifel Nicolaus and Stifel Bank. All material intercompany balances and transactions have been eliminated. Unless otherwise indicated, the terms "we," "us," "our," or "our company" in this report refer to Stifel Financial Corp. and its wholly owned subsidiaries.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have prepared the accompanying unaudited consolidated financial statements pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Pursuant to these rules and regulations, we have omitted certain information and footnote disclosures we normally include in our annual consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles. In management's opinion, we have made all adjustments (consisting only of normal, recurring adjustments, except as otherwise noted) necessary to fairly present our financial position, results of operations and cash flows. Our interim period operating results do not necessarily indicate the results that may be expected for any other interim period or for the full fiscal year. These financial statements and accompanying notes should be read in conjunction with the consolidated financial statements and the notes thereto in our Annual Report on Form 10-K for the year ended December 31, 2010 on file with the SEC.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">On April 5, 2011, we effected a three-for-two stock split to shareholders of record as of March 22, 2011. All share and per share information has been retroactively adjusted to reflect the stock split.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Certain amounts from prior periods have been reclassified to conform to the current period's presentation. The effect of these reclassifications on our company's previously reported consolidated financial statements was not material.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">There have been no material changes in our significant accounting policies, as compared to the significant accounting policies described in our Annual Report on Form 10-K for the year ended December 31, 2010.</font></p>
<p style="margin-top: 6pt;" class="MsoNormal"><b><i><font class="_mt" size="2">Consolidation Policies</font></i></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The consolidated financial statements include the accounts of Stifel Financial Corp. and its subsidiaries. We also have investments or interests in other entities for which we must evaluate whether to consolidate by determining whether we have a controlling financial interest or are considered to be the primary beneficiary. In determining whether to consolidate these entities or not, we determine whether the entity is a voting interest entity or a variable interest entity ("VIE").</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><b><i><font class="_mt" size="2">Voting Interest Entity.</font></i></b><font class="_mt" size="2"> Voting interest entities are entities that have (i) total equity investment at risk sufficient to fund expected future operations independently, and (ii) equity holders who have the obligation to absorb losses or receive residual returns and the right to make decisions about the entity's activities. We consolidate voting interest entities when we determine that there is a controlling financial interest, usually ownership of all, or a majority of, the voting interest.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><b><i><font class="_mt" size="2">Variable Interest Entity.</font></i></b><font class="_mt" size="2"> VIEs are entities that lack one or more of the characteristics of a voting interest entity. We are required to consolidate VIEs in which we are deemed to be the primary beneficiary. The primary beneficiary is defined as the entity that has a variable interest, or a combination of variable interests, that maintains control and provides benefits or will either: (i) absorb a majority of the VIEs expected losses, (ii) receive a majority of the VIEs expected returns, or (iii) both. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We determine whether we are the primary beneficiary of a VIE by first performing a qualitative analysis of the VIE's control structure, expected losses and expected residual returns. This analysis includes a review of, among other factors, the VIE's capital structure, contractual terms, which interests create or absorb variability, related party relationships, and the design of the VIE. Where qualitative analysis is not conclusive, we perform a quantitative analysis. We reassess our initial evaluation of an entity as a VIE and our initial determination of whether we are the primary beneficiary of a VIE upon the occurrence of certain reconsideration events. See Note 25 for additional information on variable interest entities.</font></p>
145226000
181482000
21203000
29944000
19935000
21716000
-131000
633000
114869000
157670000
212642000
206006000
166143000
179834000
7694000
7604000
-1067000
251409000
500000
11264000
30402000
12369000
6183000
18118000
1
1
3000000
3000000
0
0
117420000
92859000
32855000
71512000
500000
-15916000
33911000
-11247000
-90616000
94100000
190100000
16992000
16609000
1302000
228000
184882000
234725000
242000
2093000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 9</font></b><font class="_mt" size="2"> - </font><b><font class="_mt" size="2">Fixed Assets</font></b></p>
<p style="margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following is a summary of fixed assets as of March 31, 2011 and December 31, 2010 (<i>in thousands</i>):</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 62.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.95pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 52.2pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="70">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 62.8pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31,</font></b><font class="_mt" size="2"> <br /></font><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 61.15pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="82" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 53.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="71">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.95pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 52.2pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="70">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Furniture and equipment</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 53.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="71">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">133,878</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.95pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 52.2pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="70">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">116,650</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Building and leasehold improvements</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 53.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="71">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">51,226</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 52.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="70">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">51,046</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Total </font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 53.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="71">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">185,104</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 52.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="70">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">167,696</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Less accumulated depreciation and amortization</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 53.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="71">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">(101,361)</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 52.2pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="70">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(96,198</font>)</p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 53.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="71">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">83,743</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 52.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="70">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">71,498</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 272.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="364">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 53.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="71">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 52.2pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="70">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">For the three months ended March 31, 2011 and 2010, depreciation and amortization of furniture and equipment, and leasehold improvements totaled $5.6 million and $5.3 million, respectively, and are included in occupancy and equipment rental in the consolidated statements of operations.</font></p>
71498000
83743000
-425000
-259000
247707000
325095000
477514000
484330000
1391000
1284000
6868000
6871000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 18</font></b><font class="_mt" size="2"> - </font><b><font class="_mt" size="2">Restructuring</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">As a result of the merger and integration of TWPG, we incurred certain restructuring charges. These charges relate to costs associated with contract and lease terminations, consolidation of facilities and infrastructure, and employee termination benefits, which represent one-time activities and do not represent ongoing costs to fully integrate TWPG. The charges were included in other operating expenses, occupancy and equipment rental, and compensations and benefits expense, respectively, on the consolidated statements of operations. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Contract termination fees are determined based on the provisions of ASC Topic 420, <i>"Exit or Disposal Cost Obligations</i>," which among other things, requires the recognition of a liability for contract termination under a cease-use date concept. Lease terminations represent costs associated with redundant office space disposed of as part of the restructuring plan. Payments related to terminated lease contracts continue through the original terms of the leases, which run for various periods, with the longest lease term running through 2011.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following table presents a summary of the activity with respect to the restructuring-related liabilities included in accrued compensation and accounts payable and accrued expenses on the consolidated statements of financial condition (in thousands):</font></p>
<table style="border-bottom: medium none; border-left: medium none; border-collapse: collapse; border-top: medium none; border-right: medium none;" class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 322.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="430">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 28.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="38">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 322.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="430">
<p class="MsoNormal"><b><font class="_mt" size="2">Balance at December 31, 2010</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 28.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="38">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,295</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.45pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 322.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="430">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Provision charged to operating expense</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 28.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="38">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">324</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 322.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="430">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Cash outlays</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 28.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="38">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(822)</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 322.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="430">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Non-cash write-downs</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 28.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="38">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(1,836)</font></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19"> </td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 322.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="430">
<p class="MsoNormal"><b><font class="_mt" size="2">Balance at March 31, 2011</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 28.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="38">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">3,961</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 322.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="430">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 28.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="38">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 8.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 57.95pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="77">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.45pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr></table>
232415000
231685000
314371000
372855000
312030000
366613000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 4 - Receivables From and Payables to Brokers, Dealers and Clearing Organizations</font></b></p>
<p style="margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Amounts receivable from brokers, dealers, and clearing organizations at March 31, 2011 and December 31, 2010, included <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="614">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 70.45pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="94" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31</font></b><font class="_mt" size="2"> <br /></font><b><font class="_mt" size="2"> 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 70.45pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="94" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, <br /> 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"><font class="_mt" size="2">Deposits paid for securities borrowed</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">205,916</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">94,709</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"><font class="_mt" size="2">Receivable from clearing organizations</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">83,020</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">78,007</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"><font class="_mt" size="2">Securities failed to deliver</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">36,159</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">74,991</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b><font class="_mt" size="2"> </font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">325,095</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">247,707</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr></table>
<p style="line-height: 115%; text-indent: 0.25in; margin-bottom: 10pt;" class="MsoNormal"><font class="_mt" size="2">Amounts payable to brokers, dealers, and clearing organizations at March 31, 2011 and December 31, 2010, included <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="614">
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 70.45pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="94" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31</font></b><font class="_mt" size="2"> <br /></font><b><font class="_mt" size="2"> 2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 70.45pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="94" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, <br /> 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"><font class="_mt" size="2">Deposits received from securities loaned</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">112,633</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">27,907</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"><font class="_mt" size="2">Securities failed to receive</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">41,536</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">78,499</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"><font class="_mt" size="2">Payable to clearing organizations</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">3,501</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">8,463</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b><font class="_mt" size="2"> </font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">157,670</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">114,869</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 277.45pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="370">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.3pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td></tr></table>
<p style="margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Deposits paid for securities borrowed approximate the market value of the securities. Securities failed to deliver and receive represent the contract value of securities that have not been delivered or received on settlement date. </font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 2 - Recently Adopted Accounting Guidance</font></b></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Allowance for Credit Losses</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In July 2010, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("Updated") No. 2010-20, "<i>Disclosures About the Credit Quality of Financing Receivables and the Allowance for Credit Losses</i>," which requires significant new disclosures about the allowance for credit losses and the credit quality of financing receivables. The requirements are intended to enhance transparency regarding credit losses and the credit quality of loan and lease receivables. Under this guidance, allowance for credit losses and fair value are to be disclosed by portfolio segment, while credit quality information, impaired financing receivables, and nonaccrual status are to be presented by class of financing receivable. Disclosure of the nature and extent, the financial impact, and segment information of troubled debt restructurings are required. The disclosures are to be presented at the level of disaggregation that management uses when assessing and monitoring the portfolio's risk and performance. This guidance is effective for interim and annual reporting periods after December 15, 2010 (December 31, 2010 for our company). In January 2011, the FASB issued Update 2011-01, <i>Receivables (Topic 310): Deferral of the Elective Date of Disclosures About Troubled Debt Restructurings in Update No. 2010-20</i>," which temporarily delays the effective date of the disclosures about troubled debt restructurings. Other than requiring additional disclosures, the adoption of this new guidance did not have a material impact on our consolidated financial statements. See Note 8 - Bank Loans. </font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Fair Value of Financial Instruments</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In January 2010, the FASB issued Update No. 2010-06, "<i>Fair Value Measurements and Disclosures (Topic 820): Improving Disclosures about Fair Value Measurements</i>," which amends the disclosure requirements related to recurring and nonrecurring fair value measurements. The guidance requires new disclosures on the transfers of assets and liabilities between Level 1 (quoted prices in active market for identical assets or liabilities) and Level 2 (significant other observable inputs) of the fair value measurement hierarchy, including the reasons and the timing of the transfers. Additionally, the guidance requires a rollforward of activities on purchases, sales, issuance, and settlements of the assets and liabilities measured using significant unobservable inputs (Level 3 fair value measurements). The guidance for the disclosure on the rollforward activities for Level 3 fair value measurements became effective for us with the reporting period beginning January 1, 2011. Other than requiring additional disclosures, the adoption of this new guidance did not have a material impact on our consolidated financial statements. See Note 5 - Fair Value of Financial Instruments.</font><i><font class="_mt" size="2"> </font></i></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 26 - Subsequent Events</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">In accordance with Topic 855, "<i>Subsequent Events</i>," we evaluate subsequent events that have occurred after the balance sheet date but before the financial statements are issued. There are two types of subsequent events: (1) recognized, or those that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements, and (2) non-recognized, or those that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Based on the evaluation, we did not identify any recognized subsequent events that would have required adjustment to the consolidated financial statements.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 25 - Variable Interest Entities</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The determination as to whether an entity is a VIE is based on the structure and nature of the entity. We also consider other characteristics, such as the ability to influence the decision-making relative to the entity's activities and how the entity is financed. The determination as to whether we are the primary beneficiary for entities subject to the deferral is based on a qualitative analysis of the VIE's expected losses and expected residual returns. This analysis includes a review of, among other factors, the VIE's capital structure, contractual terms, which interests create or absorb variability, related party relationships, and the design of the VIE. For entities not subject to the deferral, the determination as to whether we are the primary beneficiary is based on an analysis of the power to direct the activities of the VIE as well as the obligation to absorb losses or benefits that could potentially be significant to the entity. Where qualitative analyses are not conclusive, we perform a quantitative analysis. Our company's involvement with VIEs is limited to entities used as investment vehicles and private equity funds, the establishment of Stifel Financial Capital Trusts, and our issuance of a convertible promissory note.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have formed several non-consolidated investment funds with third-party investors that are typically organized as limited liability companies ("LLCs") or limited partnerships. These partnerships and LLCs have assets of approximately $303.4 million at March 31, 2011. For those funds where we act as the general partner, our company's economic interest is generally limited to management fee arrangements as stipulated by the fund operating agreements. We have generally provided the third-party investors with rights to terminate the funds or to remove us as the general partner. In assessing whether or not we have control, we look to the relevant accounting guidance in determining whether a general partner controls a limited partnership. Management fee revenue earned by our company was insignificant during the three months ended March 31, 2011 and 2010, respectively. In addition, our direct investment interest in these entities is insignificant at March 31, 2011 and December 31, 2010, respectively.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Thomas Weisel Capital Management LLC, a subsidiary of our company, acts as the general partner of a series of investment funds in venture capital and fund of funds and manages investment funds that are active buyers of secondary interests in private equity funds, as well as portfolios of direct interests in venture-backed companies. These partnerships have combined assets of approximately $187.6 million at March 31, 2011. We hold variable interests in these funds as a result of our company's rights to receive management fees. Our company's investment in and additional capital commitments to the private equity funds are also considered variable interests. The additional capital commitments are subject to call at a later date and are limited in amount. Our exposure to loss is limited to our investments in, advances and commitments to, and receivables due from these funds, and that exposure is $1.7 million at March 31, 2011. Management fee revenue earned by our company was insignificant during the three months ended March 31, 2011.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Under the current accounting rules, the general partner in a limited partnership is presumed to control that limited partnership. The presumption may be overcome if the limited partners have either: (1) the substantive ability to dissolve the limited partnership or otherwise remove the general partner without cause, or (2) substantive participating rights, which provide the limited partners with the ability to effectively participate in significant decisions that would be expected to be made in the ordinary course of the limited partnership's business and thereby preclude the general partner from exercising unilateral control over the partnership. If the criteria are not met, the consolidation of the partnership or limited liability company is required. Based on our evaluation of these entities, we determined that these entities do not require consolidation. </font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Debenture to Stifel Financial Capital Trusts</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have completed private placements of cumulative trust preferred securities through Stifel Financial Capital Trust II, Stifel Financial Capital Trust III, and Stifel Financial Capital Trust IV (collectively, the "Trusts"). The Trusts are non-consolidated wholly owned business trust subsidiaries of our company and were established for the limited purpose of issuing trust securities to third parties and lending the proceeds to our company.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The trust preferred securities represent an indirect interest in junior subordinated debentures purchased from our company by the Trusts, and we effectively provide for the full and unconditional guarantee of the securities issued by the Trusts. We make timely payments of interest to the Trusts as required by contractual obligations, which are sufficient to cover payments due on the securities issued by the Trusts, and believe that it is unlikely that any circumstances would occur that would make it necessary for our company to make payments related to these Trusts other than those required under the terms of the debenture agreements and the trust preferred securities agreements. The Trusts were determined to be VIEs because the holders of the equity investment at risk do not have adequate decision-making ability over the Trust's activities. Our investment in the Trusts is not a variable interest, because equity interests are variable interests only to the extent that the investment is considered to be at risk. Because our investment was funded by the Trusts, it is not considered to be at risk.</font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Interest in FSI Group, LLC ("FSI")</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have provided financing of $18.0 million in the form of a convertible promissory note to FSI, a limited liability company specializing in investing in banks, thrifts, insurance companies, and other financial services firms. The note is convertible at our election into a 49.9% interest in FSI at any time after the third anniversary or during the defined conversion period. The convertible promissory note has a minimum coupon rate equal to 10% per annum plus additional interest related to certain defined cash flows of the business, not to exceed 18% per annum. As we do not hold the power to direct the activities of FSI nor to absorb a majority of the expected losses, or receive a majority of the expected benefits, it was determined that we are not the primary beneficiary.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our company's exposure to loss is limited to the carrying value of the note with FSI at March 31, 2011, of $18.0 million, which is included in other assets in the consolidated statements of financial condition. Our company had no liabilities related to this entity at March 31, 2011. We have the discretion to make additional capital contributions. We have not provided financial or other support to FSI that we were not previously contractually required to provide as of March 31, 2011. Our company's involvement with FSI has not had a material effect on its consolidated financial position, operations, or cash flows.</font></p>
123617000
214233000
109595000
143506000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 21 - Segment Reporting</font></b></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We currently operate through the following three business segments: Global Wealth Management, Institutional Group, and various corporate activities combined in the Other segment. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Our Global Wealth Management segment consists of two businesses, the Private Client Group and Stifel Bank. The Private Client Group includes branch offices and independent contractor offices of our broker-dealer subsidiaries located throughout the United States, primarily in the Midwest and Mid-Atlantic regions with a growing presence in the Northeast, Southeast, and Western United States. These branches provide securities brokerage services, including the sale of equities, mutual funds, fixed income products, and insurance, as well as offering banking products to their private clients through Stifel Bank. Stifel Bank segment provides residential, consumer, and commercial lending, as well as FDIC-insured deposit accounts to customers of our broker-dealer subsidiaries and to the general public.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The Institutional Group segment includes institutional sales and trading. It provides securities brokerage, trading, and research services to institutions, with an emphasis on the sale of equity and fixed income products. This segment also includes the management of and participation in underwritings for both corporate and public finance (exclusive of sales credits generated through the private client group, which are included in the Global Wealth Management segment), merger and acquisition, and financial advisory services. </font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The Other segment includes certain corporate activities of our company.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Information concerning operations in these segments of business for the three months ended March 31, 2011 and 2010 is as follows <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 155.65pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="208" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Three Months Ended March 31, </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 70.15pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="94" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="24">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 67.35pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="90" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="372">
<p class="MsoNormal"><b><font class="_mt" size="2">Net revenues: </font><sup><font class="_mt" size="2">(1) </font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Global Wealth Management</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"><b><font class="_mt" size="2">$ </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">238,446</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">199,421</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Institutional Group</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">126,994</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">113,292</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Other</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,173</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(683</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">366,613</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">312,030</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p class="MsoNormal"><b><font class="_mt" size="2">Income before income taxes:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Global Wealth Management</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">61,472</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">39,158</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Institutional Group</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">21,393</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">27,456</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Other</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">(32,181</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"><b><font class="_mt" size="2">)</font></b></p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">(27,049</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"><font class="_mt" size="2">)</font></p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">50,684</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">39,565</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 279.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="372">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 15.65pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="21">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.15pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.85pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.1pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; text-indent: -0.15in; margin-left: 0.15in;" class="MsoNormal"><sup><font class="_mt" size="1">(1) </font></sup><font class="_mt" size="1">No individual client accounted for more than 10 percent of total net revenues for the three months ended March 31, 2011 or 2010.</font></p>
<p style="line-height: 115%; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">The following table presents our company's total assets on a segment basis at March 31, 2011 and December 31, 2010 <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 273.55pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="365">
<p style="margin-top: 6pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.75pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="24">
<p style="margin-top: 6pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 73.75pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="98" colspan="2">
<p style="text-align: center; margin-top: 6pt;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31,</font></b><font class="_mt" size="2"> <br /></font><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="33">
<p style="margin-top: 6pt;" class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 69.35pt; padding-right: 0in; height: 24.5pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="92" colspan="2">
<p style="text-align: center; margin-top: 6pt;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="11">
<p style="margin-top: 6pt;" class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 273.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="365">
<p class="MsoNormal"><b><font class="_mt" size="2">Total assets:</font><sup><font class="_mt" size="2"> </font></sup></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 61pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="81">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="33">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 273.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="365">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Global Wealth Management</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 61pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="81">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">3,103,707</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="33">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.35pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,965,168</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 273.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="365">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Institutional Group</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 12.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 61pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="81">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,097,329</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="33">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 55.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">883,235</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 273.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="365">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Other</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 61pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="81">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">336,169</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="33">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.35pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">364,712</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 273.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="365">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.75pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b><font class="_mt" size="2"> </font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 61pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="81">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">4,537,205</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="33">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.35pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">4,213,115</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 273.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="365">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.75pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="24">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 12.75pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="17">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 61pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="81">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 25pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="33">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 55.35pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="74">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="11">
<p class="MsoNormal"> </p></td></tr></table>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">We have operations in the United States, Canada, United Kingdom, and Europe. Our company's foreign operations are conducted through its wholly owned subsidiaries, SN Ltd., SN Canada, and TWPIL. Substantially all long-lived assets are located in the United States.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Revenues, classified by the major geographic areas in which they are earned for the three months ended March 31, 2011 and 2010, were as follows <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 161.15pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="215" colspan="5">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">Three Months Ended March 31,</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 69.6pt; padding-right: 0in; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="93" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="25">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 72.85pt; padding-right: 0in; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="97" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><b><font class="_mt" size="2">Net revenues:</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; background: #ccffff; height: 12.25pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; background: #ccffff; height: 12.25pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">United States</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$ </font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">351,009</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">305,655</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Canada</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,448</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">-</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">United Kingdom</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">6,049</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">3,891</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Other European</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">3,107</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">2,484</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">366,613</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">312,030</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 276.95pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="369">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 20.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="27">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 13.55pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="18">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 18.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="25">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 16.8pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="22">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 56.05pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="75">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr></table>
122024
109821
109600000
299700000
1253883000
1287007000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 24</font></b><font class="_mt" size="2"> </font><b><font class="_mt" size="2">- Shareholders' Equity</font></b></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Share Repurchase Program</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">On August 3, 2010, the Board authorized the repurchase of 3.0 million shares. These purchases may be made on the open market or in privately negotiated transactions, depending upon market conditions and other factors. Repurchased shares may be used to meet obligations under our employee benefit plans and for general corporate purposes. During the three months ended March 31, 2011, we did not repurchase any shares of our common stock. Under existing Board authorizations at March 31, 2011, we are permitted to buy an additional 3.1 million shares. The repurchase program has no expiration date. </font></p>
<p style="text-align: justify; margin-top: 6pt;" class="MsoNormal"><i><font class="_mt" size="2">Issuance of Shares</font></i></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">During the three months ended March 31, 2011, we reissued 1.5 million shares from treasury for shares as a result of vesting and exercise transactions under our incentive stock award plans.</font></p>
8241000
6957000
444170000
561410000
<p style="margin-top: 6pt;" class="MsoNormal"><b><font class="_mt" size="2">NOTE 6</font></b><font class="_mt" size="2"> </font><b><font class="_mt" size="2">- Trading Securities Owned and Trading Securities Sold, But Not Yet Purchased</font></b></p>
<p style="text-align: justify; text-indent: 0.25in; margin: 6pt 0in;" class="MsoNormal"><font class="_mt" size="2">The components of trading securities owned and trading securities sold, but not yet purchased, at March 31, 2011 and December 31, 2010, are as follows <i>(in thousands)</i>:</font></p>
<table style="border-collapse: collapse;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="624">
<tr style="height: 12.25pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 69.2pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="92" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 63.3pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.25pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 24.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 69.2pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="92" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><b><font class="_mt" size="2">March 31,</font></b><font class="_mt" size="2"><br /></font><b><font class="_mt" size="2">2011</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 63.3pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="84" colspan="2">
<p style="text-align: center;" class="MsoNormal" align="center"><font class="_mt" size="2">December 31, 2010</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 24.5pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Trading securities owned:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government agency securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">105,921</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">86,882</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">7,945</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">9,038</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">308,318</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">221,145</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">47,350</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">46,877</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">91,876</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">80,228</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">561,410</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">444,170</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"><font class="_mt" size="2">Trading securities sold, but not yet purchased:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">177,982</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">131,561</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">U.S. government agency securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">1,067</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">664</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">Corporate securities:</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Fixed income securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">140,338</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">61,026</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 36.3pt;" class="MsoNormal"><font class="_mt" size="2">Equity securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">47,537</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">6,800</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 24.2pt;" class="MsoNormal"><font class="_mt" size="2">State and municipal securities</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">485</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; background: #ccffff; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; background: #ccffff; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">89</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><b><font class="_mt" size="2">$</font></b></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"><b><font class="_mt" size="2">367,409</font></b></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.55pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.6pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"><font class="_mt" size="2">$</font></p></td>
<td style="border-bottom: windowtext 1.5pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 48.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="65">
<p style="text-align: right;" class="MsoNormal" align="right"><font class="_mt" size="2">200,140</font></p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 8.85pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="12">
<p class="MsoNormal"> </p></td></tr>
<tr style="height: 12.4pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 291.7pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="389">
<p style="text-indent: -12.1pt; margin-left: 12.1pt;" class="MsoNormal"> </p></td>
<td style="padding-bottom: 0in; padding-left: 0in; width: 17.4pt; padding-right: 0in; height: 12.4pt; padding-top: 0in;" valign="bottom" width="23">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 14.5pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="19">
<p class="MsoNormal"> </p></td>
<td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 54.7pt; padding-right: 0in; height: 12.4pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="73">
<p style="text-align: right;" class="MsoNormal" align="right"> </p></td>
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<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">At March 31, 2011 and December 31, 2010, trading securities owned in the amount of $487.3 million and $272.2 million, respectively, were pledged as collateral for our repurchase agreements and short-term borrowings.</font></p>
<p style="text-align: justify; margin-top: 6pt; text-indent: 0.25in;" class="MsoNormal"><font class="_mt" size="2">Trading securities sold, but not yet purchased, represent obligations of our company to deliver the specified security at the contracted price, thereby creating a liability to purchase the security in the market at prevailing prices. We are obligated to acquire the securities sold short at prevailing market prices, which may exceed the amount reflected in the consolidated statements of financial condition.</font></p>
272172000
487282000
2235473
700101
103857000
39754000
782000
703000
52538000
63179000
46080000
52534000