NATIONAL BK HLDGS CORP

Ticker: NBHC CUSIP: 633707104 Class: Common Stock

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

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

Q2 2014

Shares 200 Value ($000) $4 Avg Close $15.51 Range $14.65 - $16.33

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	200	$4	$15.51	$14.65 - $16.33