NATIONAL CAPITAL BANK OF WASHINGTON

CUSIP: 635162100 Class: COM

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q3 2017
Shares 1,716 Value ($000) $364 Avg Close — Range —
Q2 2017
Shares 1,716 Value ($000) $317 Avg Close — Range —
Q1 2017
Shares 1,716 Value ($000) $312 Avg Close — Range —
Q4 2016
Shares 1,716 Value ($000) $304 Avg Close — Range —
Q3 2016
Shares 1,316 Value ($000) $217 Avg Close — Range —