| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VENTURA (PINI) TRUST DEED | AT COST | 0 | 0 |
| MONTECITO BANK & TRUST CD | AT COST | 136,890 | 136,890 |
| FIRST REPUBLIC BANK CD | AT COST | 100,262 | 100,262 |
| AMERICAN RIVIERA BANK CD | AT COST | 100,253 | 100,253 |