On 7/22/2013, Treasury completed the sale of 3,300 shares of Mountain Valley Bancshares, Inc. preferred stock at $990.00 per share (less a placement agent fee) for net proceeds of $3,242,000.00 and 165 shares of Mountain Valley Bancshares, Inc. preferred stock received upon the exercise of warrants at $1,000.21 per share (less a placement agent fee) for net proceeds of $140,034.65, pursuant to a placement agency agreement executed on 7/8/2013.