Thomas Lamson Ludington

MATS — Int/Div

Chemical Bank & Trust checking & savings — Interest

Dow Chemical Employees Credit Union — Interest

TD Ameritrade Money Market — Interest

Merrill Lynch Money Market — Interest

Amgen stock — Int/Div

Laboratory CP American Hldg — None

Blackrock Global Stock Fund — Int/Div

RB — Distribution

IBM stock — Int/Div

Quest Diagnostics stock — Int/Div

Interest Income Fund 401K — Int

Vanguard Convertible See 401K — Int/Div

Am Cent US Real Estate 401K — None

Fidelity Contrafund Pool Cl 2 401K — None

SSga Stable Value-State of Michigan 457 Plan — None

PIMCO Total Return-State of Michigan 457 — None

Dodge & Cox Stock State of Michigan 457 Plan — None

SSga Stable Value State of Michigan 401K Plan — None

SSgaCash Series Treasury State of M1 401K — None

PIMCO Total Return State of M1 401K — None

Dodge & Cox Stock-St of MI 401K — None

Ridge Worth Funds-St of M1 401K — None

American Funds Europacific Gr-St of MI 401K — Int/Div

Artisan Mid Cap-St of MI 401K — None

TRP Is Mid Cap 401K — Int/Div

Vanguard Dev Mkt IndexIP 401K — Int/Div

MTL Insurance Co (ordinary) Life Policy — None

Trust Mark (ordinary) Life Policy — None

Indianapolis (ordinary) Life Policy — None

Apple Inc stock — Int/Div

Hennessy Gas Utilities Index Fund — Int/Div — Buy (add'l)

Hennessy Gas Utilities Index Fund — None — Sold

Fidelity Select Portfolio Fund — Int/Div — Buy (add'l)

u — Distribution

Dollar Tree Stores Inc stock — None — Sold

Ross Stores. Inc stock — Int/Div

Shire PLC — Int/Div — Sold

Johnson & Johnson stock — Int/Div — Buy (add'l)

Tarwan Semiconductor stock — Int/Div

MFS Intl New Discovery A Fund — Int/Div

41 — istnbution

T Price Media & Tele Fund — Int/Div

43 — Distribution

National Health Investors stock — Int/Div — Sold

EQT Midstream Partners stock — Int/Div

C&S Realty Fund — Int/Div — Sold

47 — Distribution

Magellan Midstream Partners stock — Int/Div

Spectra Energy Partners stock — Int/Div — Sold

Auto Zone stock — None

Invesco Pharma ETF — Int/Div — Sold

SPDR Utilities ETF — Int/Div — Buy (add'l)

SPDR Utilities ETF — None — Buy (add'l)

Invesco QQQ ETF — Int/Div

Home Depot stock — Int/Div — Sold (part)

Plains All American Pipeline stock — Int/Div

Old Domimon Freight Line stock — Int/Div

PowerShares S&P Small Cap Util Portfolio — Int/Div — Buy (add'l)

PowerShares S&P Small Cap Util Portfolio — None — Buy (add'l)

Oakmark Intl Fund — None — Buy (add'l)

Oakmark Intl Fund — None — Sold

American Century Intl Opportunity Fund — Int/Div

63 — Distribution

Extra Space Storage stock — Int/Div

T Rowe Price New Horizons Fund (X)

Wasatch Int Growth Fund — Int/Div

67 — Distribution

Fidelity Cycl Indust Fund — Int/Div

“av — Distribution

Anheuser Busch stock — None — Sold

Matthews Pacific Tiger Fund — Int/Div — Buy (add'l)

72 — istmbution

Camden Property Trust stock — Int/Div — Sold

AER Cap Holdings stock — None

EPR Properties stock — Int/Div — Sold

SPDR S&P Hi Yield Div ETF — Int/Div — Sold

Vanguard S&P S00 ETF — Int/Div — Buy (add'l)

Invesco Property & Casualty Ins ETF — Int/Div — Buy (add'l)

RMB Fmancial Services Fund — Int/Div

R00 — istnbution

Invesco Sm Cap Health ETF — Int/Div — Sold (part)

Sherwin Williams Co stock — Int/Div

Snap-On Inc stock — Int/Div

FMI International Fund — Int/Div — Buy (add'l)

8s — Distribution

Vanguard Spc Health Fund — Int/Div — Buy (add'l)

87 — Distribution

NVR hc stock — None — Sold

Carillon Eagle Mid Cap Fund — Int/Div — Sold

FedEx Corp stock — Int/Div

Magna Intl stock — Int/Div

Prologs stock — Int/Div — Buy

Avalon Bay Communities stock — Int/Div — Buy

Thrivent Mid Cap stock — Int/Div — Buy

AMG TimesSquare Intl SmCap Fund — Int/Div — Buy

Vanguard Consumer Dis ETF — Int/Div — Buy

American Tower Corp stock — Int/Div — Buy

Universal Health Services stock — Int/Div — Buy

Burien, WA Bond 12/1/2020 — Interest

Lehman Bond Escrow 01/18/12 — Int/Div

Connecticut State Bond 12/1/2020 — Interest

Gastonia, NC Bond 4/1/2020 — Interest

Griffith. IN Bond 7/5/2020 — Interest

Hempstead, NY Bond 7/15/2020 — Interest

New York, NY Bond 11/1/2020 — Interest

Newark. NJ Bond 4/1/2020 — Interest

AmMuni Pwr Bond 2/15/18 — Interest — Matured

New Rochelle. NY Bond 315/18 — Interest — Matured

Baidu Inc Bond 8/6/18 — Interest — Matured

Northgate, PA Bond 8/15/18 — None — Matured

Randolph Co, NC Bond 6/1/18 — Interest — Matured

Oregon State Bond 1/1/19 — Interest

El Paso Co, CO Bond 12/1/18 — Interest — Matured

Mame St Bond 11/15/18 — Interest — Matured

Goldman Sachs CD 12/1/19 — Interest

State Bank of India CD 10/17/19 — Interest

Decatur, GA Bond 05/01/19 — Interest

Massachusetts St Bond 12/15/18 — Interest — Matured

State Bank of India CD 12/18/18 — Interest — Matured

Rockdale Co. GA Bond 7/1/19 — Interest

Salmon River, NY Bond 6/15/20 — Interest

Uof OK Bond 7/1/19 — Interest

UNC Chapel Hill Bond 8/1/19 — None

Tucson, AZ Bond 1/1/19 — Interest

Alabama St Bond 9/1/19 — Interest

Cook Co, IL Bond 12/1/24 callable 12/1/19 — Interest

Florida St Bond 7/1/21 — Interest

HSBC Bond 4/5/21 — Interest

Jackson. MS Bond 5/1/21 — Interest

Kane McHenry, IL Bond 12/1/21 — None

Kentucky St Bond 4/1/19 — Interest

Los Angeles, Co CA Bond 09/1/21 — Interest

Los Angeles, CA Bond 11/1/21 — Interest

Michigan Hsg Auth Bond 10/1/21 — Interest

MTA of NY Bond 11/15/21 — Interest

Nashville. Co TN Bond 7/1721 — Interest

New Hampshire Bond 9/1/21 — Interest

Oakland, CA Bond 12/15/21 — None

Pennsylvania St Bond 7/15/21, callable T1520 — Interest

San Mateo, CA Bond 8/1/21 — Interest

American Express CD 09/06/22 — None

Connecticut St Bond 11/1/20 — Interest

Fullerton, CA Bond 09/01/20 — Interest

Georgia St Bond 01/01/21 — Interest

lowa Student, IA Bond 12/1/22 — Interest

lowa Student. 1A Bond 12/1/22 (X) — None

Metro, NY Transit Bond 11/15/22 — Interest

New York, NY Bond 11/1/21 — Interest

Oneida Co, NY Bond 08/1/22 — Interest

Palm Beach. FL Bond 11/1/22 — Interest

Passaic Co NJ Bond 4/1/21 — Interest

Pembroke Pines, FL Bond 10/1/22 — Interest

Purdue University Bond 7/1/31, Pre refunded 7/1/19 — Interest

Hisperia, CA Bond 2/1/23 — Interest — Buy

Silver City, NM Bond 12/1/22 — Interest — Buy

Elkhart. IN Sch Dist Bond 7720023 — Interest — Buy

Memill Lynch Trust (FBO #1) — Interest

MFS Intl New Disc A Fund (FBO#1) — Int/Div

159 — Distribution

T Price Media & Tele Fund (FBO#1) — Int/Div

161 — Distribution

Alenan Infrastructure Fund (FBO#1) — Int/Div

Magellan Midstream Partners (FBO#1) — Int/Div

SPDR Unites ETF (FBO#1) — Int/Div

Avalon Bay Comm Inc (FBO) — Int/Div

MI Ed Saves Plan Moderate Age-Based 18 FBO #2No Control — None — Sold (part)

MI Ed Saves Plan Moderate Age-Based 18 FBO #2No Control — None — Sold (part)

MI Ed Savings Plan 100% Equity Opt (FBO#2)No control — None — Sold (part)

MI Ed Savings Plan 100% Equity Opt (FBO#2)No control — None — Sold (part)

Georgia State Bond 10/1. 2020(FBO#1) — Interest

Comnecticut State Bond 11/172020FBO#1) — Interest

New Rochelle. NY Bond 3/15/18 (FBO £1) — Interest — Matured

El Paso Co, CO Bond 12/1/18 (FBO #1) — Interest — Matured

Kansas St Bond 7/1/19 (FBO £1) — Interest

Pennsylvania St Bond 06/1/19 (FBO #1) — Interest

UNC Chapel Hill Bond 8/1/19 (FBO £1) — None

Washington St Bond 7/1/19 (FBO #1) — Interest

Alamo, TX Bond 2/1/21 (FBO #1) — Interest

Kem Co. CA Bond 8/15/21 (FBO #1) — None

Oregon St Bond 6/30:21 (FBO #1) — None

Cass Co, MO Bond 05/1720(FBO #1) — Interest

American Century Intl Opp Fund (FBO £1) — Int/Div

183. — Distribution

Matthews Pacific Tiger Fund (FBO#1) — Int/Div — Buy (add'l)

18S — Distribution

AER Cap Holdings (FBO#1) — None

Invesco Pharma ETF (FBO #1) — Int/Div

Ross Stores Inc (FBO £1) — Int/Div — Sold (part)

Shire PLC (FBO#1) — Int/Div

Taiwan Semiconductor (FBO# 1) — Int/Div

Fidelity Sket Portfolio Fund (FBO #1) — Int/Div

192 — Distribution

Oakmark Intl Fund (FBO #1) — Int/Div — Buy (add'l)

194, — Distribution

T Rowe Price New Horizons Fund (FBO #1) — Int/Div

196. — Distribution

Wasatch Intl Growth Fund (FBO #1) — Int/Div — Buy (add'l)

198 — Distribution

Apple Inc (FBO £1) — Int/Div

Fidelity Cyel Indust Fund (FBO #1) — Int/Div

2m — istnibution

Anheuser Busch (FBO 21) — Int/Div — Sold

Vanguard S&P 500 ETF (FBO #1) — Int/Div

Invesco Ppty & Cas Ins ETF (FBO £1) — Int/Div

Invesco Sm Cap Health ETF (FBO #1) — Int/Div

Sherwin Williams Co stock (FBO 21) — Int/Div

Vanguard REIT Index ETF (FBO #1) — Int/Div

Invesco S&P Small Cap Unl ETF (FBO #1) — Int/Div

Vanguard Cons Discretionary ETF (FBO #1) — Int/Div — Sold

FedEx Corp (FBO #1) — Int/Div

Invesco QQ Trust ETF (FBO #1) — Int/Div — Buy

iShares Floating Bond ETF (FBO #1) — Int/Div — Buy

Chemical Bank Savings (FBO#2) — None

TD Ameritrade Trust (FBO #2) — Interest

Chemical Bank Trust (FBO #2) — None — Open

Ross Stores Inc (FBO#2) — Int/Div

MFS Int] New Disc A Fund (FBO#2) — Int/Div — Buy (add'l)

218. — Distribution

T Price Media & Tele Fund (FBO#2) — Int/Div — Buy (add'l)

220. — Distribution

AER Cap Holdings(FBO#2) — None — Buy (add'l)

Alerian Infrastructure Fund (FBO#2) — Int/Div

C & S Realty Fund (FBO#2) — Int/Div — Buy (add'l)

C & S Realty Fund (FBO#2) — Distribution — Sold

Dollar Tree Stores (FBO #2) — None — Sold

Invesco Pharma ETF (FBO #2) — Int/Div — Sold

Invesco QUKQ ETF (FBO #2) — Int/Div

Oakmark Intl Fund (FBO #2) — Int/Div — Buy (add'l)

Oakmark Intl Fund (FBO #2) — istnbution — Sold

American Century Intl Opp Fund (FBO 42) — Int/Div — Buy (add'l)

23 — Distribution

Wasatch Intl Growth Fund (FBO #2) — istnbution — Sold (part)

233 — None

Apple Inc (FBO £2) — Int/Div

Anheuser Busch (FBO 22) — Int/Div — Sold

Vanguard S&P S00 ETF (FBO #2) — Int/Div

PowerShares Ppty & Cas Ins ETF (FBO #2) — Int/Div

PowerShares Sm Cap Health ETF (FBO #2) — None — Sold (part)

Fidelity Cyel Indust Fund (FBO #2) — Int/Div — Buy (add'l)

240). — Distribution

Sherwin Williams Co stock (FBO 22) — Int/Div — Buy (add'l)

PowerShares S&P Small Cap ETF (FBO 2) — Int/Div — Buy (add'l)

SPDR Unlies ETF (FBO #2) — Int/Div — Buy (add'l)

FMI Intemational (FBO #2) — Int/Div

245. — Distribution

Taiwan Semiconductor (FBO #2) — Int/Div — Buy (add'l)

Fedbx Corp (FBO #2) — Int/Div — Buy (add'l)

Magna Intl stock (FBO #2) — Int/Div — Buy (add'l)

Carillon Eagle Mid Cap Growth Fund {FBO #2) — Distribution — Buy (add'l)

250. — Int/Div

Fidelity Select Port Fund (FBO #2) — Distribution

252 — Int/Div

RMB Financial Services Fund (FBO £2) — Distribution

iShares Core S&P Small Cap ETF (FBO #2) — Int/Div — Buy

Vanguard Health Care Investors Fund (FBO #2) — Int/Div — Buy

257 — Distribution

Vanguard Consumer Dis ETF (FBO #2) — Int/Div — Buy

AMG TimesSquare Intl Small Cap Fund {FBO #2) — Int/Div — Buy

New Jersey Bond 3/1/18 (FBO #2) — Interest — Matured

Kentucky State Bond 1/1/2020 (FBO #2) — Interest

Gooding Co, 1D Bond 9/15/19 (FBO #2) — Interest

Harrisburg, PA Bond 04/1/18 (FBO #2) — None — Matured

Morgantown, WV Bond 12/1/19 (FBO #2) — Interest

New York. NY Bond 3/1/19 (FBO #2) — Interest

Memphis, TN Bond 11/1/21 (FBO #2) — Interest

Dallas. TX Bond 2/15/20 (FBO #2) — Interest

Washington, PA Bond 9/1/21 (FBO #2) — Interest

Atlanta, GABond 0101/22 (FBO #2) — Interest

Colorado HSG Bond 05/01/23 (FBO #2) — Interest

Maine Muni Boad 09/01/21 (FBO £2) — Interest

Oakland, CA Bond 12/15/22 (FBO #2) — None

Missouri St Bond 1001220 (FBO #2) — Interest

S Carolina St Bond 12/01/22 (FBO #2) — Interest

Elkhart IN Comty Schools Bond 7/20/23 (FBO #2) — None — Buy

Chemical Bank pm Cust AGY (Hy — Interest

Apple Inc — Int/Div — Sold (part)

Apple Inc — None — Sold (part)

Apple Inc — None — Sold (part)

Bristol-Myers Squibb Co — Int/Div

Celgene Corp Com — None — Sold (part)

Conocophillips — Int/Div

Energizer Hidgs Inc — Int/Div

Exxon Mobil Corp — Int/Div

Intel Corp — Int/Div

Lowes — Int/Div

Schlumberger Ltd — Int/Div — Sold

Boeing Co — Int/Div — Sold (part)

Walgreens Boots Alliance — Int/Div

Aflac. Inc — Int/Div

Aetna US Healthcare Inc — Int/Div

CVS stock (Y) — None — Buy

CVS stock (Y) — None — Sold

Boston Properties Inc — Int/Div

Clorox Co — Int/Div

Invesco QQ Trust — Int/Div — Sold (part)

Johnson & Johnson — Int/Div

Microsoft Corp — Int/Div — Sold (part)

Nextera Energy Inc — Int/Div

Oppenheimer Intl Growth Fund — Int/Div — Sold (part)

PG & E Corp — Int/Div — Sold

Pepsi Co — Int/Div

Phillips 66 — Int/Div

Prudential Financial — Int/Div

SPDR Gold Shares ETF — None — Buy (add'l)

Deere & Co — Int/Div

Disney — Int/Div

Fastenal Co Com — Int/Div

Principal Mid Cap Blend Fund — Int/Div

310. — Distribution

Union Pac Corp — Int/Div

T Rowe Price New Horizons Fund — Int/Div

313. — istnibution

Kroger Co — Int/Div — Sold

Vanguard Inst Index Fund — Int/Div — Sold (part)

116. — Distribution

JP Morgan Chase stock — Int/Div

Vanguard Strategic Small Cap Fund — Int/Div

119. — Distribution

Amazon Inc stock — None

Oakmark Int] Investor Fund — Distribution — Buy

Oakmark Int] Investor Fund — Int/Div — Sold

McDonalds stock — Int/Div — Buy

AbbVie Inc stock — Int/Div — Buy

KLA-Tencor Corp stock — Int/Div — Buy

Exelon Corp stock — Int/Div — Buy

Vanguard Financials ETF — Int/Div — Buy

South Carolina St Public Util Bond 12/1/23 — Interest — Buy

Chermical Bank Im rust AGY (H) — Interest

Clark Cnty Nev Arpt Bond 7/1/20 — Interest

Fenton, MI Bond 5/1/2022 — Interest

Fidelity Inter Muni Inc Fund 2036 — Int/Div

Fidelity MI Muni Inc Fund 2081 — Int/Div

lllinois ST Agm Bond 1/1/21 — Interest

Manistique M1 Bond 5/1/2020 — Interest

Bangor Mich Public Bond School 5/1/19 — Interest

Green Oak Twp Mich Bond 11/1/19 — Interest

Green Oak Twp Mich Bond 11/1/21 — Interest

Rapid River Mich Public Schools Bond S72020 — Interest

Waterford Mich School Dist Bond 5/1/19 — Interest

Waterford Mich School Dist Bond §/1/2022 — Interest

White Cloud Mich Public Schools Bond SIR — Interest — Matured

White Cloud Mich Public Schools Bond £2020 — Interest

Ypsilanti Mich Cmnty Utilities Bond 4/1/18 — Interest — Matured

Houghton-Portage MI Bond 5/1/23 — Interest

Wyoming, MI Bond 5/1/20 — Interest

Petosky, MI Bond 4/1/23 — Interest — Buy

Lansing, MI Board Water Bond 7/1/20 — Interest — Buy

Saginaw Valley MI Bond 7/1/19 — Interest — Buy

Niles, MI Community Schools Bond 5/1/22 — Interest — Buy

Grand Blanc, MI Community Bond 11/1/21 — Interest — Buy

Western MI Univ Bond 11/15/19 — Interest — Buy

Southwest, TX Higher Ed Auth Bond wis — Interest — Buy

Oregon St Bd of Edu Bond 6/30/22 — None — Buy

Lawrence Co, PA Bond 11/15/23 — Interest — Buy

Southern Methodist Uni Bond 10/1/23 — Interest — Buy

Chemical Bank Savings — Int/Div

Fidelity Bene IRA - Government Cash Reserves — None — Open

Fidelity Bene Roth IRA - Government Cash Reserves — None — Open

Fidelity IRA £1 — None — Open

Fidelity Roth IRA #1 - Government Cash Reserves — None — Open

Fidelity IRA #2 — None — Open

Fidelity IRA Roth #2 — None — Open

Secretary, R. M. Gerstacker Foundation

Trustee, Albion College

President & Director, Pn Family Foundation

Income — 2018 — Michigan Judges Retirement Services — S38.807.00

Income — 2018 — Michigan County Employees Pension Fund — $6,296.00

1

Deleted all assets from 2017 report that had been sold or matured.

2

Lehman Brothers Bond Escrow (Line 100) is still held. Some principle has been returned, with the possibility of future repayment of principle

Personal identifing info has been removed from descriptions of assests in lines 11-1¥,

Securities with the name "Powershares™in the title changed to Invesco.

5

CVS (Line 292) Received (8378 shares on 11/28/18 for each share held of Aetna common stock.

Lines 145 & 146, consolidated into one listing

Lines 65 & 312, consolidated into one listing.

Lines 358 - 363, TDAM Money Market (Line 3) was the consolidated money market listing for TDAM accounts, Transferring to new custodian (Fidelity),

listed cach cash/money market holding to meet reporting guidelines.

9. TD Ameritrade Moncey Market and assets transferring to Chemical Bank Trust Lines 215 - 275