C & F FINL CORP

Ticker: CFFI CUSIP: 12466Q104 Class: Common Stock

MAGNOLIA GROUP, LLC's Holding History (CIK: 0001618376)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 77,665 Value ($000) $3,872 Avg Close $33.82 Range $30.14 - $40.50

Q3 2016

Shares 175,975 Value ($000) $7,581 Avg Close $32.97 Range $30.07 - $35.14

Q2 2016

Shares 231,570 Value ($000) $10,365 Avg Close $30.05 Range $27.93 - $34.61

Q1 2016

Shares 222,412 Value ($000) $8,496 Avg Close $28.47 Range $27.24 - $30.21

Q4 2015

Shares 196,420 Value ($000) $7,660 Avg Close $27.93 Range $25.56 - $29.07

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	77,665	$3,872	$33.82	$30.14 - $40.50
Q3 2016	175,975	$7,581	$32.97	$30.07 - $35.14
Q2 2016	231,570	$10,365	$30.05	$27.93 - $34.61
Q1 2016	222,412	$8,496	$28.47	$27.24 - $30.21
Q4 2015	196,420	$7,660	$27.93	$25.56 - $29.07