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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font-size: 8pt"><b>Description
of Business</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i><u>Structure
and Control Environment</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Shepherd’s
Finance, LLC and subsidiary (the “Company”, “we” or “our”) was originally formed as a Pennsylvania
limited liability company on May 10, 2007. We are the sole member of a consolidating subsidiary, <font style="color: black">84
REPA, LLC. </font>The Company operated pursuant to an operating agreement by and among Daniel M. Wallach and the members of the
Company from its inception through March 29, 2012, at which time it adopted an amended and restated operating agreement. Under
the amended and restated operating agreement, we have three Managers, Daniel M. Wallach (who is also our Chief Executive Officer
“CEO”), and our independent Managers - Kenneth Summers and Bill Myrick.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Managers,
through the CEO when appropriate, have direct and exclusive control over the management of the Company’s operations. With
respect to new loans, the CEO locates potential customers, conducts due diligence, and negotiates and completes the transactions
in which the loans are originated. Loans are either approved by the loan committee of the Board of Managers, or fit within guidelines
created by that committee. The independent Managers comprise the audit committee and approve affiliate transactions. The Managers
also deal with governance issues. The Managers, through the CEO when appropriate, perform, or arrange for the performance of,
the management, advisory and administrative services required for Company operations. Such services include, without limitation,
the administration of investor accounts, investor relations, accounting, and the preparation, review and dissemination of tax
and other financial information. They also engage and manage the contractual relations with depositories, accountants, attorneys,
insurers, banks and others, as required.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i><u>Change
in Strategy</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">In late 2011,
management elected to transform our business model. The Company lends money to residential homebuilders to construct single family
homes, and to develop undeveloped land into residential building lots. The loans are extended to residential homebuilders and,
as such, are commercial loans. We fund our lending and operations by continued extension of Notes to the general public, which
Notes are unsecured subordinated debt. We currently have four sources of capital: a secured line of credit from affiliates with
a balance due of $0 and $1,108 as of December 31, 2013 and 2012, respectively, unsecured Notes through our Notes offering with
balances of $1,739 and $2 as of the same periods, other unsecured debt with balances of $1,500 at both December 31 2013 and 2012,
and equity, which was $1,904 and $1,902 as of December 31, 2013 and 2012, respectively. Eventually, the Company intends to replace
the lines of credit from affiliates with secured debt from a bank or through other liquidity.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font-size: 8pt"><b>Liquidity
and Capital Resources</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font-size: 8pt">Our
operations are subject to certain risks and uncertainties, particularly related to the concentration of our current operations,
almost all of which are to a single customer and geographic region, as well as the evolution of the current economic environment
and its impact on the United States real estate and housing markets. Both the concentration of risk and the economic environment
could directly or indirectly impact losses related to certain transactions and access to and cost of adequate financing.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font-size: 8pt">The
Company’s anticipated primary source of liquidity going forward is interest income and/or principal repayments related to
the loans, as well as funds borrowed from creditors, some of whom are currently members and affiliates.  Our public Notes
offering, which allows us to borrow money, was declared effective by the SEC on October 4, 2012 and has been registered and declared
effective in 38 states as of December 31, 2013. We began to advertise in March 2013 and have received $1,739 in Notes proceeds
as of December 31, 2013. We anticipate continuing our sales efforts in 2014, focusing on the efforts that have proven fruitful.
The Company’s ability to fund its operations remains dependent upon the ability of our largest borrower, whose borrowings
represent 98% and 100% of our total outstanding borrowings as of December 31, 2013 and 2012, respectively, to continue paying
interest and/or principal and our ability to obtain additional financing, as needed, from the members, general public and other
entities. The risk of our largest customer not paying interest is mitigated in the short term by having an interest escrow, which
had a balance of $255 and $329 as of December 31, 2013 and 2012, respectively. While a default by this large customer could impact
our cash flow and/or profitability in the long term, we believe that, in the short term, a default might impact profitability,
but not liquidity, as we are not receiving interest payments from the customer while he is performing (interest is being credited
from his interest escrow).</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font-size: 8pt">We
generated net income of $24 and $122 for the years ended December 31, 2013 and 2012. At December 31, 2013 and 2012, we had cash
on hand of $722 and $646, respectively, and our outstanding debt totaled $3,239 and $2,610, respectively, which was unsecured
or payable to related parties. As of December 31, 2013 and 2012, the amount that we have not loaned, but are obligated to potentially
lend to our customers based on our agreements with them, was $1,449 and $588, respectively. Our availability on our line of credit
from our members was $1,500 and $392 as of December 31, 2013 and 2012, respectively.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font-size: 8pt">Our
current plan is to expand the commercial lending program by using current liquidity and available funding (including funding from
our Notes program). We have anticipated the costs of this expansion and the continuing costs of maintaining our public company
status, and we anticipate generating, through normal operations, the cash flows and liquidity necessary to meet our operating,
investing and financing requirements. As noted above, the two most significant factors driving our current plans are the continued
payments of principal and/or interest by our largest borrower and the public offering of Notes. If actual results differ materially
from our current plan or if expected financing is not available, we believe we have the ability and intent to obtain funding and
generate net worth through additional debt or equity infusions of cash, if needed. There can be no assurance, however, that we
will be able to implement our strategies or obtain additional financing under favorable terms, if at all.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Basis
of Presentation</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i>Principles
of Consolidation </i>These consolidated financial statements include the consolidated accounts of the Company’s subsidiary
and reflect all adjustments (all of which are normal recurring accruals) which are, in the opinion of management, necessary for
a fair presentation of the consolidated financial position, operating results, and cash flows for the periods. All intercompany
balances and transactions have been eliminated. Our consolidated results for the year ended December 31, 2013 are not necessarily
indicative of what our results will be for future years.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i>Classification
</i><font style="color: black">The consolidated balance sheets of the Company are presented as unclassified to conform to industry
practice for lending entities.</font></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i>Use of
Estimates </i><font style="color: black">The preparation of consolidated financial statements in conformity with </font>accounting
principles generally accepted in the United States of America (“<font style="color: black">U.S. GAAP”) requires management
to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during
the reporting period. Actual results could differ from those estimates. I</font>t is reasonably possible that market conditions
could deteriorate, which could materially affect our consolidated financial position, results of operations and cash flows. Among
other effects, such changes could result in the need to establish an allowance for loan losses.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i>Operating
Segments </i>Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“<font style="color: black">ASC”)
Topic 280, <i>Segment Reporting</i>, requires that the Company report financial and descriptive information about reportable segments
and how these segments were determined. We determine the allocation of resources and performance of business units based on operating
income, net income and operating cash flows.  Segments are identified and aggregated based on products sold or services provided
and the market(s) they served.  Based on these factors, we have determined that the Company’s operations are in one
segment, commercial lending.</font></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Revenue
Recognition</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Interest
income generally is recognized on an accrual basis. The accrual of interest is generally discontinued on all loans past due 90
days or more. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against
interest income, unless management believes that the accrued interest is recoverable through liquidation of collateral. Interest
received on nonaccrual loans is applied against principal. Interest on accruing impaired loans is recognized as long as such loans
do not meet the criteria for nonaccrual status.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Advertising</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Advertising
costs are expensed as incurred and are included in selling, general and administrative. Advertising expenses were $50 and $4 for
the years ended December 31, 2013 and 2012, respectively.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Cash and
Cash Equivalents</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Management
considers highly-liquid investments with original maturities of three months or less to be cash equivalents.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Fair Value
Measurements</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
has established a framework for measuring fair value under U.S. GAAP using a hierarchy, which requires the Company to maximize
the use of observable inputs and minimize the use of unobservable inputs. Fair value measurements are an exit price, representing
the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.
Three levels of inputs are used to measure fair value, as follows:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt">Level
1 – quoted prices in active markets for identical assets or liabilities;</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-size: 8pt">Level
2 – quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability;
or</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt">Level
3 – unobservable inputs, such as discounted cash flow models or valuations.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The determination
of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the
fair value measurement. See Note 3.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Loans
Receivable</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Loans are
stated at the amount of unpaid principal, net of any allowances for loan losses, and adjusted for (1) the net amount of direct
costs and nonrefundable loan fees associated with lending, and (2) deposits made by the borrowers used as collateral for a loan
and due back to the builder at or prior to loan payoff. The net amount of nonrefundable loan origination fees and direct costs
associated with the lending process, including commitment fees, is deferred and accreted to interest income over the lives of
the loans using a method that approximates the interest method. Substantially all of the Company’s loans are secured by
real estate in a suburb of Pittsburgh, Pennsylvania. Accordingly, the ultimate collectability of a substantial portion of these
loans is susceptible to changes in market conditions in that area.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Past due
loans are loans contractually past due 30 days or more as to principal or interest payments. A loan is classified as nonaccrual,
and the accrual of interest on such loan is discontinued, when the contractual payment of principal or interest becomes 90 days
past due. In addition, a loan may be placed on nonaccrual at any other time management has serious doubts about further collectability
of principal or interest according to the contractual terms, even though the loan is currently performing. A loan may remain on
accrual status if it is in the process of collection or well-secured (i.e. the loan has sufficient collateral value). Loans are
restored to accrual status when the obligation is brought current or has performed in accordance with the contractual terms for
a reasonable period of time and the ultimate collectability of the total contractual principal and interest is no longer in doubt.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">A loan is
considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the
scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Impaired loans,
or portions thereof, are charged off when deemed uncollectible. Once a loan is 90 days past due, management begins a workout plan
with the borrower or commences its foreclosure process on the collateral.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Allowance
for Loan Losses</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The allowance
for loan losses, when determined to be necessary, is maintained at a level believed adequate by management to absorb probable
losses inherent in the loan portfolio.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">For loans
to one borrower with committed balances less than 10% of our total committed balances on all loans extended to all customers,
we establish a historical reserve for all loans which are not more than 60 days past due at the end of a quarter. This historical
reserve takes into account both historical information and a qualitative analysis of housing and other economic factors that may
impact our future realized losses. For loans to one borrower with committed balances less than 10% of our total committed balances
on all loans extended to all customers, we analyze for impairment all loans which are more than 60 days past due at the end of
a quarter. For loans to one borrower with committed balances equal to or greater than 10% of our total committed balances on all
loans extended to all customers, we analyze all loans for impairment. The analysis of loans, if required, includes a comparison
of estimated collateral value to the principal amount of the loan. If the value determined is less than the principal amount due
(less any builder deposit), then the difference is included in the loan loss. As values change, estimated loan losses may be provided
for more or less than the previous period, and some loans may not need a loss provision based on payment history.  For homes
which are partially complete, we appraise on an as-is and completed basis, and use the one that more closely aligns with our planned
method of disposal for the property.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">For loans
that are individually evaluated for impairment, appraisals have been prepared within the last 13 months. There are also broker’s
opinions of value (“BOV”) prepared, if the appraisal is more than six months old. The lower of any BOV prepared in
the last six months, or appraisal done in the last 13 months, is used, unless we determine a BOV to be invalid based on the comparable
sales used. If we determine a BOV to be invalid, we will use the appraised value. <font style="color: black">Appraised values
are adjusted down for estimated costs associated with asset disposal.</font></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Deferred
Financing Costs, Net</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">We defer
certain costs associated with financing activities related to the issuance of debt securities (Deferred financing costs). These
costs consist primarily of professional fees incurred related to the transactions. Deferred financing costs are amortized into
interest expense over the life of the related debt. We make estimates for the amount of proceeds we anticipate receiving from
our Notes offering. We also estimate the average duration of these future investments. If either of these estimates is determined
to be incorrect in the future, the rate at which we are amortizing the deferred offering costs as interest expense would be adjusted
and could have a material impact on the consolidated financial statements.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">For the year
ended December 31, 2012, our deferred financing costs included private offering costs incurred of $11. These costs were being
amortized over the life of that offering, but because no funds were received from the private offering, the private offering was
terminated during the third quarter of 2013. Accordingly, the private offering costs were written-off in the third quarter of
2013.<i> </i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The following
is a roll forward of deferred financing costs for the years ended December 31, 2013 and 2012:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: justify"><font style="font-size: 8pt">Deferred financing costs, beginning
balance</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 11pt"><font style="font-size: 8pt">Additions</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">82</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Write-offs</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(11</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Deferred financing costs, ending balance</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">669</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Less
accumulated amortization</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(20</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(2</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; border-bottom: Black 2.5pt double"><font style="font-size: 8pt">Deferred financing
costs, net</font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">649</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">596</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The following
is a roll forward of the accumulated amortization of deferred financing costs for the years ended December 31, 2013 and 2012:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: justify"><font style="font-size: 8pt">Accumulated amortization, beginning
balance</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Additions</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">18</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 2.5pt double"><font style="font-size: 8pt">Accumulated
amortization, ending balance</font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">20</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Income
Taxes</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The entities
included in the consolidated financial statements are organized as pass-through entities under the Internal Revenue Code. As such,
taxes are the responsibility of the members. Other significant taxes for which the Company is liable are recorded on an accrual
basis.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
applies ASC Topic 740, <i>Income Taxes</i> (“ASC 740”). ASC 740 provides guidance for how uncertain tax positions
should be recognized, measured, presented and disclosed in the consolidated financial statements and requires the evaluation of
tax positions taken or expected to be taken in the course of preparing the Company’s consolidated financial statements to
determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax
positions with respect to income tax at the LLC level not deemed to meet the “more-likely-than-not” threshold would
be recorded as a tax benefit or expense in the appropriate period. Management concluded that there are no uncertain tax positions
that should be recognized in the consolidated financial statements. With few exceptions, the Company is no longer subject to income
tax examinations for years prior to 2010.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company’s
policy is to record interest and penalties related to taxes in interest expense on the consolidated statements of operations.
There were no significant interest or penalties assessed or paid in the years ended December 31, 2013 and 2012.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font-size: 8pt"><b>Risks
and Uncertainties</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
is subject to many of the risks common to the commercial lending and real estate industries, such as general economic conditions,
decreases in home values, decreases in housing starts, and high unemployment. These risks, which could have a material and negative
impact on the Company’s consolidated financial condition, results of operations, and cash flows include, but are not limited
to, declines in housing starts, unfavorable changes in interest rates, and competition from other lenders. At December 31, 2013,
our loans were primarily concentrated in a suburb of Pittsburgh, Pennsylvania, so the housing starts and prices in that area are
more significant to our business than other areas until and if more loans are created in other markets.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><b>Concentrations</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Financial
instruments that potentially subject the Company to concentrations of credit risk consist principally of loans receivable. As
of December 31, 2013, 98% of our outstanding loan balance consists of loans to one borrower, and the collateral is in one real
estate market.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Recent
Accounting Pronouncements</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">In December
2011, the FASB issued Accounting Standards Update (“ASU”) 2011-11, <i>Disclosures about Offsetting Assets and Liabilities,
</i>later updated with ASU 2013-01<i>,</i> which created new disclosure requirements about the nature of an entity’s rights
of offset and related arrangements associated with its financial instruments and derivative instruments. The disclosures are limited
to financial instruments and derivatives subject to enforceable master netting arrangements or similar agreements and exclude
loans and deposits at the same institution. The amendments affect all entities that have financial instruments and derivatives
that are either offset in the balance sheet or subject to an enforceable master netting arrangement or similar agreement regardless
of whether they are offset in the balance sheet. The ASU requires entities to disclose, separately for financial assets and liabilities,
including derivatives, the gross amounts of recognized financial assets and liabilities; the amounts offset under current U.S.
GAAP; the net amounts presented in the balance sheet; the amounts subject to an enforceable master netting arrangement or similar
agreement that were not included in the offset amount above, and the reconciling amount. The disclosure requirements were effective
for annual and interim reporting periods beginning on or after January 1, 2013, with retrospective application required. We have
reviewed this ASU as updated and determined that it does not have a material impact on the disclosure requirements of the Company.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Subsequent
Events</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Management
of the Company has evaluated subsequent events through February 26, 2014, the date these consolidated financial statements were
issued. See Note 10.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b></b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Revenue
Recognition</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Interest
income generally is recognized on an accrual basis. The accrual of interest is generally discontinued on all loans past due 90
days or more. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against
interest income, unless management believes that the accrued interest is recoverable through liquidation of collateral. Interest
received on nonaccrual loans is applied against principal. Interest on accruing impaired loans is recognized as long as such loans
do not meet the criteria for nonaccrual status.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Advertising</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Advertising
costs are expensed as incurred and are included in selling, general and administrative. Advertising expenses were $50 and $4 for
the years ended December 31, 2013 and 2012, respectively.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Cash and
Cash Equivalents</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Management
considers highly-liquid investments with original maturities of three months or less to be cash equivalents.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Fair Value
Measurements</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
has established a framework for measuring fair value under U.S. GAAP using a hierarchy, which requires the Company to maximize
the use of observable inputs and minimize the use of unobservable inputs. Fair value measurements are an exit price, representing
the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.
Three levels of inputs are used to measure fair value, as follows:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt">Level
1 – quoted prices in active markets for identical assets or liabilities;</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><font style="font-size: 8pt">Level
2 – quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability;
or</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt">Level
3 – unobservable inputs, such as discounted cash flow models or valuations.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The determination
of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the
fair value measurement. See Note 3.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Loans
Receivable</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Loans are
stated at the amount of unpaid principal, net of any allowances for loan losses, and adjusted for (1) the net amount of direct
costs and nonrefundable loan fees associated with lending, and (2) deposits made by the borrowers used as collateral for a loan
and due back to the builder at or prior to loan payoff. The net amount of nonrefundable loan origination fees and direct costs
associated with the lending process, including commitment fees, is deferred and accreted to interest income over the lives of
the loans using a method that approximates the interest method. Substantially all of the Company’s loans are secured by
real estate in a suburb of Pittsburgh, Pennsylvania. Accordingly, the ultimate collectability of a substantial portion of these
loans is susceptible to changes in market conditions in that area.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Past due
loans are loans contractually past due 30 days or more as to principal or interest payments. A loan is classified as nonaccrual,
and the accrual of interest on such loan is discontinued, when the contractual payment of principal or interest becomes 90 days
past due. In addition, a loan may be placed on nonaccrual at any other time management has serious doubts about further collectability
of principal or interest according to the contractual terms, even though the loan is currently performing. A loan may remain on
accrual status if it is in the process of collection or well-secured (i.e. the loan has sufficient collateral value). Loans are
restored to accrual status when the obligation is brought current or has performed in accordance with the contractual terms for
a reasonable period of time and the ultimate collectability of the total contractual principal and interest is no longer in doubt.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">A loan is
considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the
scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Impaired loans,
or portions thereof, are charged off when deemed uncollectible. Once a loan is 90 days past due, management begins a workout plan
with the borrower or commences its foreclosure process on the collateral.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Allowance
for Loan Losses</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The allowance
for loan losses, when determined to be necessary, is maintained at a level believed adequate by management to absorb probable
losses inherent in the loan portfolio.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">For loans
to one borrower with committed balances less than 10% of our total committed balances on all loans extended to all customers,
we establish a historical reserve for all loans which are not more than 60 days past due at the end of a quarter. This historical
reserve takes into account both historical information and a qualitative analysis of housing and other economic factors that may
impact our future realized losses. For loans to one borrower with committed balances less than 10% of our total committed balances
on all loans extended to all customers, we analyze for impairment all loans which are more than 60 days past due at the end of
a quarter. For loans to one borrower with committed balances equal to or greater than 10% of our total committed balances on all
loans extended to all customers, we analyze all loans for impairment. The analysis of loans, if required, includes a comparison
of estimated collateral value to the principal amount of the loan. If the value determined is less than the principal amount due
(less any builder deposit), then the difference is included in the loan loss. As values change, estimated loan losses may be provided
for more or less than the previous period, and some loans may not need a loss provision based on payment history.  For homes
which are partially complete, we appraise on an as-is and completed basis, and use the one that more closely aligns with our planned
method of disposal for the property.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">For loans
that are individually evaluated for impairment, appraisals have been prepared within the last 13 months. There are also broker’s
opinions of value (“BOV”) prepared, if the appraisal is more than six months old. The lower of any BOV prepared in
the last six months, or appraisal done in the last 13 months, is used, unless we determine a BOV to be invalid based on the comparable
sales used. If we determine a BOV to be invalid, we will use the appraised value. <font style="color: black">Appraised values
are adjusted down for estimated costs associated with asset disposal.</font></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Deferred
Financing Costs, Net</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">We defer
certain costs associated with financing activities related to the issuance of debt securities (Deferred financing costs). These
costs consist primarily of professional fees incurred related to the transactions. Deferred financing costs are amortized into
interest expense over the life of the related debt. We make estimates for the amount of proceeds we anticipate receiving from
our Notes offering. We also estimate the average duration of these future investments. If either of these estimates is determined
to be incorrect in the future, the rate at which we are amortizing the deferred offering costs as interest expense would be adjusted
and could have a material impact on the consolidated financial statements.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">For the year
ended December 31, 2012, our deferred financing costs included private offering costs incurred of $11. These costs were being
amortized over the life of that offering, but because no funds were received from the private offering, the private offering was
terminated during the third quarter of 2013. Accordingly, the private offering costs were written-off in the third quarter of
2013.<i> </i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The following
is a roll forward of deferred financing costs for the years ended December 31, 2013 and 2012:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: justify"><font style="font-size: 8pt">Deferred financing costs, beginning
balance</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 11pt"><font style="font-size: 8pt">Additions</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">82</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Write-offs</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(11</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Deferred financing costs, ending balance</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">669</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Less
accumulated amortization</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(20</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(2</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; border-bottom: Black 2.5pt double"><font style="font-size: 8pt">Deferred financing
costs, net</font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">649</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">596</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The following
is a roll forward of the accumulated amortization of deferred financing costs for the years ended December 31, 2013 and 2012:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: justify"><font style="font-size: 8pt">Accumulated amortization, beginning
balance</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Additions</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">18</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 2.5pt double"><font style="font-size: 8pt">Accumulated
amortization, ending balance</font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">20</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: justify"><font style="font-size: 8pt">Deferred financing costs, beginning
balance</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 11pt"><font style="font-size: 8pt">Additions</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">82</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Write-offs</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(11</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Deferred financing costs, ending balance</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">669</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">598</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Less
accumulated amortization</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(20</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">(2</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; border-bottom: Black 2.5pt double"><font style="font-size: 8pt">Deferred financing
costs, net</font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">649</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">596</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: justify"><font style="font-size: 8pt">Accumulated amortization, beginning
balance</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; border-bottom: Black 1pt solid; padding-left: 11pt"><font style="font-size: 8pt">Additions</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">18</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; border-bottom: Black 2.5pt double"><font style="font-size: 8pt">Accumulated
amortization, ending balance</font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">20</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Income
Taxes</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The entities
included in the consolidated financial statements are organized as pass-through entities under the Internal Revenue Code. As such,
taxes are the responsibility of the members. Other significant taxes for which the Company is liable are recorded on an accrual
basis.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
applies ASC Topic 740, <i>Income Taxes</i> (“ASC 740”). ASC 740 provides guidance for how uncertain tax positions
should be recognized, measured, presented and disclosed in the consolidated financial statements and requires the evaluation of
tax positions taken or expected to be taken in the course of preparing the Company’s consolidated financial statements to
determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax
positions with respect to income tax at the LLC level not deemed to meet the “more-likely-than-not” threshold would
be recorded as a tax benefit or expense in the appropriate period. Management concluded that there are no uncertain tax positions
that should be recognized in the consolidated financial statements. With few exceptions, the Company is no longer subject to income
tax examinations for years prior to 2010.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company’s
policy is to record interest and penalties related to taxes in interest expense on the consolidated statements of operations.
There were no significant interest or penalties assessed or paid in the years ended December 31, 2013 and 2012.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; text-indent: 0.5in"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font-size: 8pt"><b>Risks
and Uncertainties</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
is subject to many of the risks common to the commercial lending and real estate industries, such as general economic conditions,
decreases in home values, decreases in housing starts, and high unemployment. These risks, which could have a material and negative
impact on the Company’s consolidated financial condition, results of operations, and cash flows include, but are not limited
to, declines in housing starts, unfavorable changes in interest rates, and competition from other lenders. At December 31, 2013,
our loans were primarily concentrated in a suburb of Pittsburgh, Pennsylvania, so the housing starts and prices in that area are
more significant to our business than other areas until and if more loans are created in other markets.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><b>Concentrations</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Financial
instruments that potentially subject the Company to concentrations of credit risk consist principally of loans receivable. As
of December 31, 2013, 98% of our outstanding loan balance consists of loans to one borrower, and the collateral is in one real
estate market.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Recent
Accounting Pronouncements</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">In December
2011, the FASB issued Accounting Standards Update (“ASU”) 2011-11, <i>Disclosures about Offsetting Assets and Liabilities,
</i>later updated with ASU 2013-01<i>,</i> which created new disclosure requirements about the nature of an entity’s rights
of offset and related arrangements associated with its financial instruments and derivative instruments. The disclosures are limited
to financial instruments and derivatives subject to enforceable master netting arrangements or similar agreements and exclude
loans and deposits at the same institution. The amendments affect all entities that have financial instruments and derivatives
that are either offset in the balance sheet or subject to an enforceable master netting arrangement or similar agreement regardless
of whether they are offset in the balance sheet. The ASU requires entities to disclose, separately for financial assets and liabilities,
including derivatives, the gross amounts of recognized financial assets and liabilities; the amounts offset under current U.S.
GAAP; the net amounts presented in the balance sheet; the amounts subject to an enforceable master netting arrangement or similar
agreement that were not included in the offset amount above, and the reconciling amount. The disclosure requirements were effective
for annual and interim reporting periods beginning on or after January 1, 2013, with retrospective application required. We have
reviewed this ASU as updated and determined that it does not have a material impact on the disclosure requirements of the Company.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Subsequent
Events</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Management
of the Company has evaluated subsequent events through February 26, 2014, the date these consolidated financial statements were
issued. See Note 10.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">At December
31, 2013 and 2012, the Company had no assets measured at fair value on a recurring or nonrecurring basis. The Company has determined
that the carrying value of financial instruments approximates fair value, as outlined below:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Cash and
Cash Equivalents</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The carrying
amount approximates fair value because of the short maturity of these instruments.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Loans
Receivable and Commitments to Extend Credit</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">For variable
rate loans that reprice frequently with no significant change in credit risk, estimated fair values are based on carrying values
<font style="color: black">at December 31, 2013 and 2012.</font> The estimated fair values for other loans are <font style="color: black">estimated
by discounting the future cash flows using current rates at which similar loans would be made to borrowers with similar credit
ratings and the same remaining maturities and approximate carrying values of these instruments at December 31, 2013 and 2012.
For unfunded commitments to extend credit, because there would be no adjustment between fair value and carrying amount for the
amount if actually loaned, there is no adjustment to the amount before it is loaned. The amount for commitments to extend credit
is zero in the tables below because there is no difference between carrying value and fair value, and the amount is not recorded
on the consolidated balance sheets as a liability.</font></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Customer
Interest Escrow </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The customer
interest escrow does not yield interest to the customer, but because: (1) the customer loans are demand loans, (2) there is no
way to estimate how long the escrow will be in place, and (3) the interest rate which could be used to discount this amount is
negligible, the fair value approximates the carrying value at both December 31, 2013 and 2012.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Borrowings
under Credit Facilities</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The fair
value of the Company’s borrowings under credit facilities is estimated based on the expected cash flows discounted using
the current rates offered to the Company for debt of the same remaining maturities. As all of the borrowings under credit facilities
or the Notes are either payable on demand or at similar rates to what the Company can borrow funds for today, the fair value of
the borrowings is determined to approximate carrying value at December 31, 2013 and 2012.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The table
below is a summary of fair value estimates for financial instruments and the level of the fair value hierarchy (as discussed in
Note 2) within which the fair value measurements are categorized at the periods indicated:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><font style="font-size: 8pt"><b>December
31, 2013</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Carrying
<br /> Amount</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Estimated<br />
Fair Value</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Quoted
Prices in Active Markets for Identical Assets <br /> Level 1</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Significant
Other Observable Inputs <br /> Level 2</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Significant
Unobservable Inputs <br /> Level 3</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Financial Assets</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 35%; color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Cash and cash equivalents</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">722</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">722</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">722</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Loans receivable, net</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Financial Liabilities</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Customer interest escrow</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">255</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">255</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">255</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Notes payable unsecured</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,239</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,239</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,239</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Commitments to extend credit</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><font style="font-size: 8pt"><b>December
31, 2012</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Carrying
<br /> Amount</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Estimated<br />
Fair Value</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Quoted
Prices in Active Markets for Identical Assets <br /> Level 1</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Significant
Other Observable Inputs <br /> Level 2</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Significant
Unobservable Inputs <br /> Level 3</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Financial Assets</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 35%; color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Cash and cash equivalents</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">646</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">646</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">646</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Loans receivable, net</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Financial Liabilities</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Customer interest escrow</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">329</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">329</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">329</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Notes payable unsecured</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,502</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,502</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,502</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Notes payable related party</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,108</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,108</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,108</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Commitments to extend credit</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The table
below is a summary of fair value estimates for financial instruments and the level of the fair value hierarchy (as discussed in
Note 2) within which the fair value measurements are categorized at the periods indicated:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><font style="font-size: 8pt"><b>December
31, 2013</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Carrying
<br /> Amount</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Estimated<br />
Fair Value</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Quoted
Prices in Active Markets for Identical Assets <br /> Level 1</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Significant
Other Observable Inputs <br /> Level 2</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Significant
Unobservable Inputs <br /> Level 3</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Financial Assets</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 35%; color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Cash and cash equivalents</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">722</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">722</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">722</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Loans receivable, net</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Financial Liabilities</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Customer interest escrow</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">255</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">255</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">255</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Notes payable unsecured</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,239</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,239</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,239</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Commitments to extend credit</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center"><font style="font-size: 8pt"><b>December
31, 2012</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: center; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Carrying
<br /> Amount</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Estimated<br />
Fair Value</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Quoted
Prices in Active Markets for Identical Assets <br /> Level 1</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Significant
Other Observable Inputs <br /> Level 2</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Significant
Unobservable Inputs <br /> Level 3</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Financial Assets</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 35%; color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Cash and cash equivalents</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">646</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">646</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">646</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 9%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Loans receivable, net</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Financial Liabilities</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Customer interest escrow</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">329</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">329</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">329</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Notes payable unsecured</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,502</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,502</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,502</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 10pt"><font style="font-size: 8pt">Notes payable related party</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,108</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,108</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,108</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Commitments to extend credit</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: left"><font style="font-size: 8pt">Commercial construction and development
loans, net</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: left; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Less: Allowance for
loan losses</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: justify; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: left"><font style="font-size: 8pt">Beginning balance</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">4,580</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; padding-left: 10pt"><font style="font-size: 8pt">Additions</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,331</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">355</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; padding-left: 10pt"><font style="font-size: 8pt">Payoffs/sales</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">(2,992</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">(1,547</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: left; padding-left: 10pt"><font style="font-size: 8pt">Change in builder deposit</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">(36</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: left; padding-left: 10pt"><font style="font-size: 8pt">New loan fees</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">(121</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: left; border-bottom: Black 1pt solid; padding-left: 10pt"><font style="font-size: 8pt">Earned
loan fee</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">259</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">216</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt">Ending balance</font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">December
31, 2013</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">December
31, 2012</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: justify"><font style="font-size: 8pt">Pass</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Special mention</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Classified – accruing</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-bottom: 1pt"><font style="font-size: 8pt">Classified – nonaccrual</font></td><td style="color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 8pt">Total</font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i><u>Affiliate
Loans</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">In December
2011, the Company entered into two secured revolving lines of credit with affiliates, both of whom are members. These loans have
an interest rate of the affiliates’ cost of funds, which was 3.71% and 3.93% as of December 31, 2013 and 2012, respectively.
They are demand notes. The maximum that can be borrowed under these notes is $1,500, at the discretion of the lenders. The actual
amount borrowed was $0 and $1,108 as of December 31, 2013 and 2012, respectively, leaving $1,500 and $392, respectively, in available
credit on those dates. There is no obligation of the affiliates to lend money up to the note amount. The security for the lines
of credit includes all of the assets of the Company. The weighted average balance of affiliate borrowings outstanding was $438
and $986 for the years ended December 31, 2013 and 2012, respectively, and the interest expense was $17 and $38 for the same periods,
respectively.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><i><u>SF Loan</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The SF Loan,
under which we are the borrower, is an unsecured loan in the original principal amount of $1,500, of which $1,500 was outstanding
on both December 31, 2013 and 2012. Interest on the SF Loan accrues annually at a rate of 5.0%. Payments of interest only are
due on a monthly basis, with the principal amount due on the date that the BMH Loan and the New IMA Loan are paid in full. We
may prepay the SF Loan in part or in full at any time without penalty, subject to the terms and conditions set forth in the underlying
promissory note. Pursuant to the Credit Agreement, payments on the SF Loan are used to fund the interest escrow. Further, pursuant
to that certain Amended and Restated Commercial Pledge Agreement by and between us, IMA and BMH, IMA has pledged its interest
in the SF Loan as collateral for IMA’s obligations under the New IMA Loan and the Existing IMA Loan. Management’s
intentions related to offsetting our payments of principal or interest against amounts due to us from the lender are undetermined;
therefore, this amount has been presented on a gross basis on the consolidated balance sheets at December 31, 2013 and 2012.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><i><u>Notes Program</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Borrowings
through our public offering were $1,739 and $2 at December 31, 2013 and 2012, respectively. The effective interest rate on the
borrowings at December 31, 2013 and 2012 was 6.72% and 4.95%, respectively, not including the amortization of deferred financing
costs. There are limited rights of early redemption. The following table shows the origination of our Notes program:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Year
<br /> Ended <br /> December 31,<br /> 2013</font></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Year
<br /> Ended <br /> December 31,<br /> 2012</font></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; padding-left: 0pt"><font style="font-size: 8pt">Notes outstanding, beginning of period</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: left; padding-left: 11pt"><font style="font-size: 8pt">Notes issued</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,737</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: left; padding-bottom: 1pt; padding-left: 11pt"><font style="font-size: 8pt">Note repayments
/ redemptions</font></td><td style="color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; padding-bottom: 2.5pt; padding-left: 0pt"><font style="font-size: 8pt">Notes outstanding, end of
period</font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">1,739</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt">The following table shows the
maturity of outstanding Notes as of December 31, 2013.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 40%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="color: black; font-weight: bold; text-align: left; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Year
Maturing</font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Amount
Maturing</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 23%; color: black; text-align: justify; padding-left: 9pt"><font style="font-size: 8pt">2014</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">430</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 9pt"><font style="font-size: 8pt">2015</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">74</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 9pt"><font style="font-size: 8pt">2016</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">8</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 9pt"><font style="font-size: 8pt">2017</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">727</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 9pt; padding-bottom: 1pt"><font style="font-size: 8pt">2018</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: left; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="text-align: right; border-bottom: Black 1pt solid"><font style="font-size: 8pt">500</font></td><td style="text-align: left; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-left: 9pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; font-weight: bold; text-align: left; padding-bottom: 2.5pt; padding-left: 9pt"><font style="font-size: 8pt">Total</font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; text-align: right"><font style="font-size: 8pt">1,739</font></td><td style="padding-bottom: 2.5pt; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 40%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="color: black; font-weight: bold; text-align: left; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Year
Maturing</font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Amount
Maturing</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 23%; color: black; text-align: justify; padding-left: 9pt"><font style="font-size: 8pt">2014</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">430</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 9pt"><font style="font-size: 8pt">2015</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">74</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 9pt"><font style="font-size: 8pt">2016</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">8</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-left: 9pt"><font style="font-size: 8pt">2017</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">727</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify; padding-left: 9pt; padding-bottom: 1pt"><font style="font-size: 8pt">2018</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: left; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="text-align: right; border-bottom: Black 1pt solid"><font style="font-size: 8pt">500</font></td><td style="text-align: left; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-left: 9pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; font-weight: bold; text-align: left; padding-bottom: 2.5pt; padding-left: 9pt"><font style="font-size: 8pt">Total</font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; text-align: right"><font style="font-size: 8pt">1,739</font></td><td style="padding-bottom: 2.5pt; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The capital
structure of the Company was changed with the adoption of the new operating agreement as of March 29, 2012. There is currently
one class of units (class A common units) with two members, both of whom have no personal liability. All members have voting rights
in proportion to their capital account. There were 2,629 class A common units outstanding at December 31, 2013. There are two
additional authorized unit classes: class A preferred units and class B profit units. Once class B profit units are issued, the
existing class A common units will become class A preferred units. Class A preferred units will receive preferred treatment in
terms of distributions and liquidation proceeds.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt">The members’ capital balances
by class are as follows:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="color: black; font-weight: bold"><font style="font-size: 8pt">Class</font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">December
31, <br /> 2013</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">December
31,<br /> 2012</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: left; padding-bottom: 1pt; padding-left: 5.75pt"><font style="font-size: 8pt">A
Common Units</font></td><td style="width: 2%; color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">1,904</font></td><td style="width: 1%; padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">1,902</font></td><td style="width: 1%; padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 5.75pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: left; padding-bottom: 2.5pt; padding-left: 5.75pt"><font style="font-size: 8pt">Members’
Capital</font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">1,904</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">1,902</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="color: black; font-weight: bold"><font style="font-size: 8pt">Class</font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">December
31, <br /> 2013</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">December
31,<br /> 2012</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: left; padding-bottom: 1pt; padding-left: 5.75pt"><font style="font-size: 8pt">A
Common Units</font></td><td style="width: 2%; color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">1,904</font></td><td style="width: 1%; padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">1,902</font></td><td style="width: 1%; padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 5.75pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: left; padding-bottom: 2.5pt; padding-left: 5.75pt"><font style="font-size: 8pt">Members’
Capital</font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">1,904</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">1,902</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The accompanying
consolidated financial statements have been prepared from the separate accounts maintained by the Company and may not be indicative
of the conditions that would have existed or the results of operations that would have occurred had the Company not entered into
certain related party transactions or not participated in certain transactions with its members.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Notes
and Accounts Payable to Affiliates</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
has a loan agreement with two of our affiliates, as more fully described in Note 5 – <i>Affiliate Loans</i>.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
has a loan agreement with the Hoskins Group, as more fully described in Note 5 – <i>SF Loan</i>.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
accepted new investments under the Notes program in 2013 from employees, managers, members and relatives of managers and members
totaling $323, all of which is outstanding at December 31, 2013. This sum includes $63 invested by Bill Myrick, one of the Company’s
independent managers, and a $100 investment by David and Carole Wallach, the parents of Daniel M. Wallach, the Company’s
Chief Executive Officer and Chairman of the Board of Managers. Mr. Myrick is entitled to receive interest on his Notes at a rate
of 7.00% per annum, and Drs. Wallach are entitled to receive interest on their Note at a rate of 7.00% per annum.  As of
December 31, 2013, Mr. Myrick and Drs. Wallach had earned $1 and $4, respectively, in interest on their Notes.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><b>8. Commitments and Contingencies</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">In the normal
course of business there may be outstanding commitments to extend credit that are not included in the consolidated financial
statements. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition
established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment
of a fee. Since many of the commitments are expected to expire without being drawn upon and some of the funding may come from
the earlier repayment of the same loan (in the case of revolving lines), the total commitment amounts do not necessarily represent
future cash requirements. The financial instruments involve, to varying degrees, elements of credit and interest rate risk in
excess of amounts recognized in the consolidated financial statements. The Company evaluates each customer’s creditworthiness
on a case-by-case basis. Unfunded commitments to extend credit, which have similar collateral, credit risk and market risk to
our outstanding loans, were $1,449 and $588 at December 31, 2013 and 2012, respectively.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">In September
2013, the Company issued a Letter of Credit for $155 to a sewer authority relating to the BMH Loan. The amount of the Letter of
Credit is not included in our commitments to lend throughout these financial statements (including the $1,449 above), as any amount
drawn would be included in the credit limit of BMH, and, at December 31, 2013, BMH is under the credit limit by more than the
amount of the Letter of Credit.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The property
securing the BMH Loan is subject to a mortgage in the amount of $1,146, which is held by United Bank and guaranteed by 84 FINANCIAL,
L.P. The superior mortgage balance is subtracted from the appraised value of the land in the land valuation detail of the Pennsylvania
loan financing receivables at December 31, 2013 in Note 4.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The property
securing the New IMA Loan and the Existing IMA Loan, as described in Note 4, is subject to a mortgage in the amount of $1,290,
which is held by an unrelated third party. In connection with the closing of the New IMA Loan and the Existing IMA Loan, the holder
of this mortgage entered into an agreement to amend, restate and further subordinate such mortgage. This subordination agreement
also provides that, in the event of a foreclosure on and liquidation of the property securing the New IMA Loan and the Existing
IMA Loan, we are entitled to receive liquidation proceeds up to $2,225, which excludes the collateral securing the BMH Loan, at
which point the holder of this mortgage is entitled to receive liquidation proceeds up to the amount necessary to satisfy its
outstanding mortgage, and we are then entitled to any remainder of the liquidation proceeds. The subordinated mortgage balance
is subtracted from the appraised value of the finished lots in the lot valuation in Note 4.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><font style="font-size: 8pt"><b>Summarized
unaudited quarterly condensed consolidated financial data for the four quarters of 2013 and 2012 are as follows (in thousands):</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 4</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 3</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 2</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 1</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 4</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 3</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 2</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 1</b></font></td>
<td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2013</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2013</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2013</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2013</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2012</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2012</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2012</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2012</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: #F2F2F2">
<td style="width: 20%; padding-left: 11pt; text-indent: -11pt"><font style="font: 8pt Times New Roman, Times, Serif">Net interest
income</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">108</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">118</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">114</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">99</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">108</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">112</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">112</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">134</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1pt solid"><font style="font: 8pt Times New Roman, Times, Serif">SG&A expense</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">84</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">77</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">114</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">140</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">86</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">78</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">57</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">123</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: #F2F2F2">
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">Net Income (Loss)</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">24</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">41</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif; color: black">–</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">(41</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">) </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">22</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">34</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">55</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">11</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><b> </b></font></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 4</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 3</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 2</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 1</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 4</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 3</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 2</b></font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>Quarter 1</b></font></td>
<td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2013</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2013</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2013</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2013</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2012</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2012</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2012</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="border-bottom: black 1pt solid; text-align: center"><font style="font: 8pt Times New Roman, Times, Serif"><b>2012</b></font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: #F2F2F2">
<td style="width: 20%; padding-left: 11pt; text-indent: -11pt"><font style="font: 8pt Times New Roman, Times, Serif">Net interest
income</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">108</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">118</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">114</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">99</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">108</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">112</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">112</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="width: 7%; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">134</font></td>
<td style="width: 1%"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1pt solid"><font style="font: 8pt Times New Roman, Times, Serif">SG&A expense</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">84</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">77</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">114</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">140</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">86</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">78</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">57</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">123</font></td>
<td style="border-bottom: black 1pt solid"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: #F2F2F2">
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">Net Income (Loss)</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">24</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">41</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif; color: black">–</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">(41</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">) </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">22</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">34</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">55</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: black 2.25pt double"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
<td style="border-bottom: black 2.25pt double; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">11</font></td>
<td style="border-bottom: black 2.25pt double"><font style="font-size: 8pt"> </font></td></tr>
</table>
0
1108000
1739000
2000
1500000
1500000
255000
329000
1500000
392000
50000
4000
.98
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Year
<br /> Ended <br /> December 31,<br /> 2013</font></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Year
<br /> Ended <br /> December 31,<br /> 2012</font></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; padding-left: 0pt"><font style="font-size: 8pt">Notes outstanding, beginning of period</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: left; padding-left: 11pt"><font style="font-size: 8pt">Notes issued</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">1,737</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: left; padding-bottom: 1pt; padding-left: 11pt"><font style="font-size: 8pt">Note repayments
/ redemptions</font></td><td style="color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; padding-bottom: 2.5pt; padding-left: 0pt"><font style="font-size: 8pt">Notes outstanding, end of
period</font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">1,739</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">2</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
-121000
0
430000
74000
8000
727000
500000
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt; color: black">Under
the Notes offering, the Company issued an additional $23 subsequent to December 31, 2013. The total debt issued and outstanding
pursuant to the Notes offering as of February 26, 2014 is $1,762</font><font style="font-size: 8pt">. Of the $1,762, $326 is from
employees, managers, members and relatives of managers and members.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">On January
10, 2014, the Company closed two loans with American Built Homes, LLC for the construction of homes in Denver Colorado. The loans
are demand loans and total $672 with $33 outstanding at February 26, 2014, net of the builder deposit, interest escrow, and unearned
loan fee. Each loan has a builder deposit of 6% of the loan amount, a loan fee of 5%, and an interest rate of our cost of funds
plus 2%. An interest escrow was funded from loan proceeds at closing.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">On January
17, 2014, the Company signed a commitment letter with a builder customer in New Jersey for a construction loan anticipated to
be $240, which commitment expires April 30, 2014. The loan would have a builder deposit of 6% of the loan amount and a loan fee
of 5%, with an interest rate of our cost of funds plus 2%.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">On
February 25, 2014, the Company closed on a loan with the Hoskins Group for a home in Pittsburgh, Pennsylvania. The loan is a
demand loan in the amount of $215 with $210 outstanding at February 26, 2014, net of the unearned loan fee. The loan has a
loan fee of 5%, and an interest rate of our cost of funds plus 2%.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">On February
26, 2014, the Board of Managers, upon recommendation by the Chief Executive Officer, authorized cash distributions to the Company’s
members of 68% of net income for the fourth quarter of 2013 totaling $16, which will be distributable to the members ratably based
on each member’s respective membership interest.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Financing
receivables are comprised of the following as of December 31, 2013 and 2012:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: left"><font style="font-size: 8pt">Commercial construction and development
loans, net</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: left; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Less: Allowance for
loan losses</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: justify; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Roll forward
of commercial construction and development loans for the years ended December 31, 2013 and 2012:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="text-align: justify; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2013</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">2012</font></td><td style="border-bottom: Black 1pt solid; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: left"><font style="font-size: 8pt">Beginning balance</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">4,580</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; padding-left: 10pt"><font style="font-size: 8pt">Additions</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">3,331</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">355</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; padding-left: 10pt"><font style="font-size: 8pt">Payoffs/sales</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">(2,992</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">(1,547</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: left; padding-left: 10pt"><font style="font-size: 8pt">Change in builder deposit</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">(36</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: left; padding-left: 10pt"><font style="font-size: 8pt">New loan fees</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">(121</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt">)</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: left; border-bottom: Black 1pt solid; padding-left: 10pt"><font style="font-size: 8pt">Earned
loan fee</font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">259</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 1pt solid"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">216</font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt">Ending balance</font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; border-bottom: Black 2.5pt double"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Commercial
Construction and Development Loans </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"><b> </b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i>Pennsylvania
Loans</i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i> </i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">On December
30, 2011, pursuant to a credit agreement by and between us, Benjamin Marcus Homes, LLC (“BMH”), Investor’s Mark
Acquisitions, LLC (“IMA”) and Mark L. Hoskins (“Hoskins”) (collectively, the “Hoskins Group”)
(as amended, the “Credit Agreement”), we originated two new loan assets, one to BMH as borrower (the “BMH Loan”)
and one to IMA as borrower (the “New IMA Loan”). Pursuant to the Credit Agreement and simultaneously with the origination
of the BMH Loan and the New IMA Loan, we also assumed the position of lender on an existing loan to IMA (the “Existing IMA
Loan”) and assumed the position of borrower on another existing loan in which IMA serves as the lender (the “SF Loan”).
Throughout this report, we refer to the BMH Loan, the New IMA Loan, and the Existing IMA Loan collectively as the “Pennsylvania
loans.” When we assumed the position of the lender on the Existing IMA Loan, we purchased a loan which was originated by
the borrower’s former lender, and assumed that lender’s position in the loan and maintained the recorded collateral
position in the loan. The borrower’s former lender and the seller of the BMH property are the same party, 84 FINANCIAL,
L.P., an affiliate of 84 Lumber Company. The BMH Loan, the New IMA Loan and the Existing IMA Loan are all cross-defaulted and
cross-collateralized with each other. Further, IMA and Hoskins serve as guarantors of the BMH Loan, and BMH and Hoskins serve
as guarantors of the New IMA Loan and the Existing IMA Loan. As such, we are currently primarily reliant on a single developer
and homebuilder for our revenues.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">In April,
July, September and December 2013, we entered into amendments to the BMH Loan. As a result of these amendments, BMH was allowed
to borrow for the construction of homes on lots 204, 205, and 206 of the Hamlets subdivision and lot 5 in the Tuscany subdivision,
both located in a suburb of Pittsburgh, Pennsylvania, and to borrow for the purchase of lot 5 of the Hamlets subdivision. We issued
a letter of credit for $155 to a sewer authority relating to BMH Loan (the “Letter of Credit”), and we allowed a fully
funded mortgage in the amount of $1,146 to be placed in superior position to our mortgage, with the $1,146 proceeds being used
to reduce the balance of BMH’s outstanding loan with us. The amount of the Letter of Credit is not included in our commitments
to lend throughout the financial statements contained in this report, as any amount drawn would be included in the credit limit
of BMH, and, as of December 31, 2013, BMH is under the credit limit by more than the amount of the Letter of Credit. The terms
and conditions of the Pennsylvania loans are set forth in further detail below.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i><u>BMH
Loan</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i> </i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The BMH Loan
is a revolving demand loan in the original principal amount of up to $4,164, of which $3,568 was funded at closing. We collected
a fee of $750 upon closing of the BMH Loan, which was funded from proceeds of the loan. Additionally, $450 of the loan proceeds
was allocated to an interest escrow account (the “Interest Escrow”). Interest on the BMH Loan accrues annually at
2% plus the greater of (i) 5.0% or (ii) the weighted average price paid by us on or in connection with all of our borrowed funds
(such weighted average price includes interest rates, loan fees, legal fees and any and all other costs paid by us on our borrowed
funds, and, in the case of funds borrowed by us from our affiliates, the weighted average price paid by such affiliate on or in
connection with such borrowed funds) (“COF”). Pursuant to the Credit Agreement, interest payments on the BMH Loan
are funded from the Interest Escrow, with any shortfall funded by BMH. Payments of principal on the BMH Loan are due upon our
demand and in accordance with the payment schedule and other terms and conditions set forth in the Credit Agreement. The Credit
Agreement obligates BMH to make payoffs to us in varying amounts upon the sale or transfer of, or obtaining construction financing
for, all or a portion of the property securing the BMH Loan. The BMH Loan may be prepaid in whole or in part at any time without
penalty; provided, however, that prepayments will not relieve BMH of its obligation to continue to make payments on the BMH Loan
as set forth in the Credit Agreement.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i> </i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The BMH Loan
is secured by a second priority mortgage in residential property consisting of one building lot and a parcel of land of approximately
34 acres which is currently partially under development, all located in the subdivision commonly known as the Hamlets of Springdale
in Peters Township, Pennsylvania, a suburb of Pittsburgh, as well as the Interest Escrow. The seller of the property securing
the BMH Loan retained a third mortgage in the amount of $400, with a balance of approximately $323 and $351 as of December 31,
2013 and 2012, respectively. The property securing the BMH Loan is subject to a mortgage in the amount of $1,146, which is held
by United Bank and guaranteed by 84 FINANCIAL, L.P. The superior mortgage balance is subtracted from the appraised value of the
land in the land valuation detail of the Pennsylvania loan financing receivables at December 31, 2013 in the table detailing the
Pennsylvania loans below. </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i> </i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i><u>New
IMA Loan</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The New IMA
Loan is a demand loan in the original principal amount of up to $2,225, of which $250 was funded at closing. We collected a fee
of $250 upon closing of the New IMA Loan, which was funded from proceeds of the loan. Interest on the New IMA Loan accrues annually
at 2.0% plus the greater of (i) 5.0% or (ii) the weighted average price paid by us on or in connection with all of our borrowed
funds (such weighted average price includes interest rates, loan fees, legal fees and any and all other costs paid by us on our
borrowed funds, and, in the case of funds borrowed by us from our affiliates, the weighted average price paid by such affiliate
on or in connection with such borrowed funds). Pursuant to the Credit Agreement, interest payments on the New IMA Loan are funded
from the Interest Escrow, with any shortfall funded by IMA. Payments of principal on the New IMA Loan are due upon our demand
and in accordance with the payment schedule and other terms and conditions set forth in the Credit Agreement. The Credit Agreement
obligates IMA to make payoffs to us in varying amounts upon the sale or transfer of, or obtaining construction financing for,
all or a portion of the property securing the New IMA Loan. The New IMA Loan may be prepaid in whole or in part at any time without
penalty; provided, however, that prepayments will not relieve IMA of its obligation to continue to make payments on the New IMA
Loan as set forth in the Credit Agreement.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The New IMA
Loan is secured by a mortgage in residential property consisting of 18 lots located in the subdivision commonly known as the Tuscany
Subdivision in Peters Township, Pennsylvania, a suburb of Pittsburgh. Construction of the improvements for the Tuscany Subdivision
began in December 2012, with $561 remaining to be completed as of December 31, 2013. The property securing the New IMA Loan and
the Existing IMA Loan is subject to a mortgage in the amount of $1,290 which is held by an unrelated third party. In connection
with the closing of the New IMA Loan and the Existing IMA Loan, the holder of this mortgage entered into an agreement to amend,
restate and further subordinate such mortgage. This subordination agreement also provides that, in the event of a foreclosure
on and liquidation of the property securing the New IMA Loan and the Existing IMA Loan, we are entitled to receive liquidation
proceeds up to $2,225 which excludes the collateral securing the BMH Loan, at which point the holder of this mortgage is entitled
to receive liquidation proceeds up to the amount necessary to satisfy its outstanding mortgage, and we are then entitled to any
remainder of the liquidation proceeds. The subordinated mortgage balance is subtracted from the appraised value of the finished
lots in the lot valuation in the table detailing the Pennsylvania loans below.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i><u>Existing
IMA Loan</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Existing
IMA Loan is a demand loan in the original principal amount of $1,687, of which $1,687 was outstanding as of both December 31,
2013 and 2012. Interest on the Existing IMA Loan accrues annually at a rate of 7.0%. Pursuant to the Credit Agreement, interest
payments on the Existing IMA Loan are funded from the Interest Escrow, with any shortfall funded by IMA. Payments of principal
on the Existing IMA Loan are due upon the earlier of our demand or the satisfaction in full of the indebtedness related to the
BMH Loan and the New IMA Loan. The Credit Agreement obligates IMA to make payoffs to us in varying amounts upon the sale or transfer
of, or obtaining construction financing for, all or a portion of the property securing the Existing IMA Loan. The Existing IMA
Loan may be prepaid in whole or in part at any time without penalty; provided, however, that prepayments will not relieve IMA
of its obligation to continue to make payments on the Existing IMA Loan as set forth in the Credit Agreement.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Existing
IMA Loan is secured by a mortgage in the residential property that also secures the New IMA Loan.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><i><u>SF Loan</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Concurrent
with the execution of the loans above, we entered into the SF Loan with the Hoskins Group, under which we are the borrower. Management
presently has no intention to offset our payments of principal or interest against amounts due to us from the lender; therefore,
this amount has been presented on a gross basis on the consolidated balance sheets at December 31, 2013 and 2012. The SF Loan
is described in Note 5.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><i><u>Interest Escrow</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Pennsylvania
loans called for a funded Interest Escrow account which was funded with proceeds from the Pennsylvania loan. The initial funding
on that Interest Escrow was $450. The balance as of December 31, 2013 and 2012 was $255 and $329, respectively. To the extent
the balance is available in the Interest Escrow, interest due on certain loans is deducted from the Interest Escrow on the date
due. The Interest Escrow is increased by 10% of lot payoffs on the same loans, and by interest on the SF Loan. All of these transactions
are noncash to the extent that the total escrow amount does not need additional funding. The interest escrow is also used to contribute
to the reduction of the $400 subordinated mortgage upon certain lot sales of the collateral of the BMH Loan.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt"><i><u>Initial Funding</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">On December
30, 2011, we purchased the Existing IMA Loan from the original lender with a cash payment of $186 and the assumption of that lender’s
obligations under the SF Loan. We also loaned our borrower $2,368 in funded cash for its purchase of the land and lots securing
the BMH Loan. Our borrower’s loan balances were increased by the $750 loan fee on the BMH Loan, the $250 loan fee on the
New IMA Loan, and the $450 interest escrow, all of which were not funded with cash.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i><u>Whispering
Pines Loan</u></i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Also in our
loans receivable balance is another loan to the same customer in a different subdivision (Whispering Pines) with a balance net
of loan fee and builder deposit of $116 and $0 as of December 31, 2013 and 2012, respectively. This loan has a builder deposit
of 6% of the loan amount, a loan fee of 5% of the loan amount, and has an interest rate of our COF plus 2%. The collateral for
the Whispering Pines Loan is a lot with a home under construction.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">A detail
of the financing receivables for the Pennsylvania loans at December 31, 2013 is as follows:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Item</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Term</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Interest Rate</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">Funded
to</font></p>
<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">borrower</font></p></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Estimated
collateral values</font></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-style: italic"><font style="font-size: 8pt">BMH Loan</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 39%; text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Land
for phases 3, 4, and 5</font></td><td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 13%"><font style="font-size: 8pt"> </font></td><td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 18%"><font style="font-size: 8pt"> </font></td><td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 10%; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="width: 2%"><font style="font-size: 8pt"> </font></td><td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 10%; text-align: right"><font style="font-size: 8pt">1,041</font></td><td style="width: 1%; text-align: left"><font style="font-size: 8pt"><sup>(4)</sup></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Lot
5 Hamlets</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">142</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">180</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Interest
Escrow</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">450</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">255</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Loan
Fee</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">750</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Excess
Paydown</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">(394</font></td><td style="text-align: left"><font style="font-size: 8pt">)</font></td>
<td><font style="font-size: 8pt"><sup>(5)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Construction
loan lot 118 Whispering Pines</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">138</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">120</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt; padding-bottom: 1pt"><font style="font-size: 8pt">Construction
loan lot 5 Tuscany</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">37</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">Total
BMH Loan</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">1,123</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">1,596</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-style: italic; text-align: left; padding-left: 0pt"><font style="font-size: 8pt">IMA Loans</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">New
IMA Loan (loan fee)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">250</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">New
IMA Loan (advances)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">1,479</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Existing
IMA Loan</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(2)</sup></font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">7%</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,687</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">2,299</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"><sup>(3)</sup></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">Total
IMA Loans</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">3,416</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">2,299</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-left: 0pt"><font style="font-size: 8pt">Unearned Loan Fee</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">(567</font></td><td style="text-align: left"><font style="font-size: 8pt">)</font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">SF Loan Payable</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,500</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><font style="font-size: 8pt">Total</font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><font style="font-size: 8pt">3,972</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><font style="font-size: 8pt">5,395</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">A detail
of the financing receivables at December 31, 2012:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Item</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Term</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Interest Rate</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">Funded
to</font></p>
<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">borrower</font></p></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">Estimated</font></p>
<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">collateral
values</font></p></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-style: italic; text-align: left; padding-left: 0pt"><font style="font-size: 8pt">BMH Loan</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 27%; text-align: left; text-indent: -10pt; padding-left: 22pt"><font style="font-size: 8pt">4 Lots and land
for phases 3, <br /> 4, and 5</font></td><td style="width: 2%"><font style="font-size: 8pt"> </font></td>
<td style="width: 15%; text-align: center"><font style="font-size: 8pt"> </font></td><td style="width: 2%"><font style="font-size: 8pt"> </font></td>
<td style="width: 20%; text-align: right"><font style="font-size: 8pt"> </font></td><td style="width: 2%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; text-align: right"><font style="font-size: 8pt">1,095</font></td><td style="width: 1%; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; text-align: right"><font style="font-size: 8pt">2,385</font></td><td style="width: 1%; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-left: 11pt"><font style="font-size: 8pt">Interest Escrow</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">450</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">329</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 11pt"><font style="font-size: 8pt">Loan Fee</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">750</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">Total
BMH Loan</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">2,295</font></td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">2,714</font></td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-style: italic; text-align: left; padding-left: 0pt"><font style="font-size: 8pt">IMA Loans</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-left: 11pt"><font style="font-size: 8pt">New IMA Loan (loan fee)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">250</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-left: 11pt"><font style="font-size: 8pt">New IMA Loan (advances)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">80</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 11pt"><font style="font-size: 8pt">Existing IMA Loan</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(2)</sup></font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">7%</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,687</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,910</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">Total
IMA Loans</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">2,017</font></td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">1,910</font></td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-left: 0pt"><font style="font-size: 8pt">Unearned Loan Fee</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">(708</font></td><td style="text-align: left"><font style="font-size: 8pt">)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">SF Loan Payable</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,500</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><font style="font-size: 8pt">Total</font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><font style="font-size: 8pt">6,124</font></td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left; padding-left: -11pt"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">_______________</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 0pt; text-align: justify"><font style="font-size: 8pt"><sup>(1)
</sup>These are the stated terms; however, in practice, principal will be repaid upon the sale of each developed lot.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><sup>(2)
</sup>These are the stated terms; however, in practice, principal will be repaid upon the sale of each developed lot after the
BMH loan and the New IMA loan are satisfied.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><sup>(3)
</sup>Estimated collateral value is equal to the appraised value of $4,140, net of estimated costs to finish the development of
$561 and the second mortgage amount of $1,280.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><sup>(4)
</sup>Estimated collateral value is equal to the raw ground appraised value of $1,910 plus improvements of $277, net of the outstanding
first mortgage of $1,146.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><sup>(5)
</sup>Excess Paydown is the amount of initial funding of the Interest Escrow and/or Loan Fee that has/have been repaid to date.
These amounts are available to be reborrowed in the future.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Except for
the Whispering Pines loan, the loans are collectively cross-collateralized and, therefore, treated as one loan for the purpose
of calculating the effective interest rate and for available remedies upon an instance of default. As lots are released, a specific
release price is repaid by the borrower, with 10% of that amount being used to fund the Interest Escrow (except for the construction
funding for homes). The customer will make cash interest payments only when the Interest Escrow is fully depleted, except for
construction funding for homes, where the customer makes interest payments monthly.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Of the $1,115
loan fee from the origination of these Pennsylvania demand loans, $76 was used to offset legal expenses related to the creation
of the loans. In accordance with ASC 310-20, <i>Nonrefundable Fees and Other Costs</i>, the remaining $1,039 loan fee is being
recognized over the expected life of the loans using the straight-line method. Income of $257 and $216 was recognized during 2013
and 2012, respectively. The effective annual rate on the loans for 2013 and 2012 was 13.27% and 11.24%, respectively.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The Company
has a credit agreement with its largest borrower which includes a maximum exposure on all three loans, which was $4,750 and $4,900
at December 31, 2013 and 2012, respectively. This limit does not include the construction loans for lot 118 Whispering Pines or
lot 5 Tuscany as of December 31, 2013.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i>New Jersey
Loan</i></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">In August
2013, the Company entered into a line of credit agreement with a borrower for the construction of homes in New Jersey. The maximum
credit line for this loan is $150, with $72 outstanding at December 31, 2013, net of the builder deposit and unearned loan fee.
Each loan drawn pursuant to this credit agreement will have a builder deposit of 6% of the available loan amount for that home
and a loan fee of 5% of that available loan amount, with an interest rate of our cost of funds plus 2%.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><b>Credit
Quality Information</b></font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The following
table presents credit-related information at the “class” level in accordance with ASC 310-10-50, <i>Disclosures about
the Credit Quality of Finance Receivables and the Allowance for Credit Losses</i>. A class is generally a disaggregation of a
portfolio segment. In determining the classes, the Company considered the finance receivable characteristics and methods it applies
in monitoring and assessing credit risk and performance.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">The following
table summarizes finance receivables by the risk ratings that regulatory agencies utilize to classify credit exposure and which
are consistent with indicators the Company monitors. Risk ratings are reviewed on a regular basis and are adjusted as necessary
for updated information affecting the borrowers’ ability to fulfill their obligations.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 8pt">The definitions of these ratings
are as follows:</font></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
<td style="width: 30px; padding-bottom: 10pt"><font style="font-size: 8pt"> </font></td>
<td style="width: 30px; padding-bottom: 10pt"><font style="font: 8pt Symbol">·</font></td>
<td style="padding-bottom: 10pt; text-align: justify"><font style="font: 8pt Times New Roman, Times, Serif">Pass – finance
receivables in this category do not meet the criteria for classification in one of the categories below.</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 10pt"><font style="font-size: 8pt"> </font></td>
<td style="padding-bottom: 10pt"><font style="font: 8pt Symbol">·</font></td>
<td style="padding-bottom: 10pt; text-align: justify"><font style="font: 8pt Times New Roman, Times, Serif">Special mention
– a special mention asset exhibits potential weaknesses that deserve management’s close attention. If left uncorrected,
these potential weaknesses may, at some future date, result in the deterioration of the repayment prospects.</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 10pt"><font style="font-size: 8pt"> </font></td>
<td style="padding-bottom: 10pt"><font style="font: 8pt Symbol">·</font></td>
<td style="text-align: justify"><font style="font: 8pt Times New Roman, Times, Serif">Classified – a classified asset
ranges from: (1) assets that are inadequately protected by the current sound worth and paying capacity of the borrower, and
are characterized by the distinct possibility that some loss will be sustained if the deficiencies are not corrected to (2)
assets with weaknesses that make collection or liquidation in full unlikely on the basis of current facts, conditions, and
values. Assets in this classification can be accruing or on non-accrual depending on the evaluation of these factors.</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Finance Receivables
– By Classification:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">December
31, 2013</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="color: black; font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="color: black; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">December
31, 2012</font></td><td style="padding-bottom: 1pt; color: black; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="width: 66%; color: black; text-align: justify"><font style="font-size: 8pt">Pass</font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%; color: black"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="width: 1%; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Special mention</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="color: black; text-align: justify"><font style="font-size: 8pt">Classified – accruing</font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black"><font style="font-size: 8pt"> </font></td>
<td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-bottom: 1pt"><font style="font-size: 8pt">Classified – nonaccrual</font></td><td style="color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; color: black; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: justify"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="color: black; text-align: justify; padding-bottom: 2.5pt; padding-left: 10pt"><font style="font-size: 8pt">Total</font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">4,045</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td><td style="color: black; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; color: black; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; color: black; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="padding-bottom: 2.5pt; color: black; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">At December
31, 2013 and 2012, there were no loans acquired with deteriorated credit quality, past due loans, impaired loans, or loans on
nonaccrual status.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">A detail
of the financing receivables for the Pennsylvania loans at December 31, 2013 is as follows:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Item</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Term</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Interest Rate</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">Funded
to</font></p>
<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">borrower</font></p></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Estimated
collateral values</font></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-style: italic"><font style="font-size: 8pt">BMH Loan</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 39%; text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Land
for phases 3, 4, and 5</font></td><td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 13%"><font style="font-size: 8pt"> </font></td><td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 18%"><font style="font-size: 8pt"> </font></td><td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 10%; text-align: right"><font style="font-size: 8pt">–</font></td><td style="width: 1%; text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="width: 2%"><font style="font-size: 8pt"> </font></td><td style="width: 1%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 10%; text-align: right"><font style="font-size: 8pt">1,041</font></td><td style="width: 1%; text-align: left"><font style="font-size: 8pt"><sup>(4)</sup></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Lot
5 Hamlets</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">142</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">180</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Interest
Escrow</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">450</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">255</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Loan
Fee</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">750</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Excess
Paydown</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">(394</font></td><td style="text-align: left"><font style="font-size: 8pt">)</font></td>
<td><font style="font-size: 8pt"><sup>(5)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Construction
loan lot 118 Whispering Pines</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">138</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">120</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt; padding-bottom: 1pt"><font style="font-size: 8pt">Construction
loan lot 5 Tuscany</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">37</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">Total
BMH Loan</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">1,123</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">1,596</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-style: italic; text-align: left; padding-left: 0pt"><font style="font-size: 8pt">IMA Loans</font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">New
IMA Loan (loan fee)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">250</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">New
IMA Loan (advances)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">1,479</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: -10pt; padding-left: 22pt; padding-right: 22pt"><font style="font-size: 8pt">Existing
IMA Loan</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(2)</sup></font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">7%</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,687</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">2,299</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"><sup>(3)</sup></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">Total
IMA Loans</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">3,416</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">2,299</font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-left: 0pt"><font style="font-size: 8pt">Unearned Loan Fee</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">(567</font></td><td style="text-align: left"><font style="font-size: 8pt">)</font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">SF Loan Payable</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">–</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,500</font></td><td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><font style="font-size: 8pt">Total</font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><font style="font-size: 8pt">3,972</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><font style="font-size: 8pt">5,395</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">A detail
of the financing receivables at December 31, 2012:</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font-size: 8pt"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Item</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Term</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><font style="font-size: 8pt">Interest Rate</font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">Funded
to</font></p>
<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">borrower</font></p></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">Estimated</font></p>
<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">collateral
values</font></p></td><td style="padding-bottom: 1pt; font-weight: bold"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-style: italic; text-align: left; padding-left: 0pt"><font style="font-size: 8pt">BMH Loan</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 27%; text-align: left; text-indent: -10pt; padding-left: 22pt"><font style="font-size: 8pt">4 Lots and land
for phases 3, <br /> 4, and 5</font></td><td style="width: 2%"><font style="font-size: 8pt"> </font></td>
<td style="width: 15%; text-align: center"><font style="font-size: 8pt"> </font></td><td style="width: 2%"><font style="font-size: 8pt"> </font></td>
<td style="width: 20%; text-align: right"><font style="font-size: 8pt"> </font></td><td style="width: 2%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; text-align: right"><font style="font-size: 8pt">1,095</font></td><td style="width: 1%; text-align: left"><font style="font-size: 8pt"> </font></td><td style="width: 2%"><font style="font-size: 8pt"> </font></td>
<td style="width: 1%; text-align: left"><font style="font-size: 8pt">$</font></td><td style="width: 13%; text-align: right"><font style="font-size: 8pt">2,385</font></td><td style="width: 1%; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-left: 11pt"><font style="font-size: 8pt">Interest Escrow</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">450</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">329</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 11pt"><font style="font-size: 8pt">Loan Fee</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">750</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">Total
BMH Loan</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">2,295</font></td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">2,714</font></td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-style: italic; text-align: left; padding-left: 0pt"><font style="font-size: 8pt">IMA Loans</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-left: 11pt"><font style="font-size: 8pt">New IMA Loan (loan fee)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">250</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-left: 11pt"><font style="font-size: 8pt">New IMA Loan (advances)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(1)</sup></font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">COF +2% <br />(7% Floor)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">80</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 11pt"><font style="font-size: 8pt">Existing IMA Loan</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font: 8pt Times New Roman, Times, Serif">Demand<sup>(2)</sup></font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt">7%</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,687</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,910</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">Total
IMA Loans</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">2,017</font></td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><font style="font-size: 8pt">1,910</font></td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-left: 0pt"><font style="font-size: 8pt">Unearned Loan Fee</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">(708</font></td><td style="text-align: left"><font style="font-size: 8pt">)</font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt">–</font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt"><font style="font-size: 8pt">SF Loan Payable</font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">–</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 1pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><font style="font-size: 8pt"> </font></td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 8pt">1,500</font></td><td style="padding-bottom: 1pt; text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-left: 5.4pt"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td><td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td><td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="text-align: left"><font style="font-size: 8pt"> </font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(238,238,238)">
<td style="font-weight: bold; padding-bottom: 2.5pt; padding-left: 0pt"><font style="font-size: 8pt">Total</font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td><td style="padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><font style="font-size: 8pt">3,604</font></td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"><font style="font-size: 8pt"> </font></td><td style="font-weight: bold; padding-bottom: 2.5pt"><font style="font-size: 8pt"> </font></td>
<td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><font style="font-size: 8pt">$</font></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><font style="font-size: 8pt">6,124</font></td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left; padding-left: -11pt"><font style="font-size: 8pt"> </font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"></font></p>