MONARCH FINANCIAL HOLDINGS I

CUSIP: 60907Q100 Class: COM

Ativo Capital Management LLC's Holding History (CIK: 0001423065)

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

Q1 2014
Shares 39,138 Value ($000) $480 Avg Close — Range —
Q4 2013
Shares 39,137 Value ($000) $482 Avg Close — Range —
Q3 2013
Shares 39,090 Value ($000) $458 Avg Close — Range —
Q2 2013
Shares 39,090 Value ($000) $423 Avg Close — Range —