FINANCIAL INSTNS INC

Ticker: FISI CUSIP: 317585404 Class: Common Stock

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2019

Shares 22,790 Value ($000) $619 Avg Close $20.23 Range $18.30 - $22.04

Q4 2018

Shares 22,790 Value ($000) $586 Avg Close $20.20 Range $17.57 - $22.44

Q1 2017

Shares 16,650 Value ($000) $549 Avg Close $22.62 Range $20.77 - $23.96

Q4 2016

Shares 16,650 Value ($000) $569 Avg Close $20.04 Range $17.47 - $23.38

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	22,790	$619	$20.23	$18.30 - $22.04
Q4 2018	22,790	$586	$20.20	$17.57 - $22.44
Q1 2017	16,650	$549	$22.62	$20.77 - $23.96
Q4 2016	16,650	$569	$20.04	$17.47 - $23.38