Laura J Yarckow

United Bank & Trust as of March 31, 2012

Portfolio Holdings for United Bank & Trust

United Bank & Trust holds 84 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exxon Mobil Corporation (XOM) 4.5 $5.4M 62k 86.79
Alerian Mlp Etf 4.2 $5.1M 305k 16.62
iShares FTSE/Xinhua China 25 Index (FXI) 4.1 $4.8M 132k 36.68
Berkshire Hathaway (BRK.A) 3.5 $4.1M 34.00 121911.76
Procter & Gamble Company (PG) 3.3 $3.9M 59k 67.15
Abbott Laboratories (ABT) 3.2 $3.9M 63k 61.42
Chevron Corporation (CVX) 3.1 $3.8M 35k 107.41
McDonald's Corporation (MCD) 2.8 $3.4M 34k 98.11
United Technologies Corporation 2.8 $3.3M 40k 82.66
iShares MSCI Canada Index (EWC) 2.7 $3.2M 114k 28.33
Danaher Corporation (DHR) 2.7 $3.2M 57k 56.09
Franklin Resources (BEN) 2.6 $3.1M 25k 124.36
Stryker Corporation (SYK) 2.6 $3.1M 55k 55.45
Oracle Corporation (ORCL) 2.4 $2.9M 100k 29.08
Apple (AAPL) 2.4 $2.9M 4.8k 600.50
Claymore/BNY Mellon BRIC 2.4 $2.9M 74k 39.36
SYSCO Corporation (SYY) 2.3 $2.7M 92k 29.85
TJX Companies (TJX) 2.3 $2.7M 68k 39.90
Pepsi (PEP) 2.1 $2.5M 38k 66.16
General Electric Company 2.1 $2.5M 122k 20.11
Google 2.0 $2.3M 3.7k 642.34
Johnson & Johnson (JNJ) 1.9 $2.3M 35k 65.87
International Business Machines (IBM) 1.9 $2.2M 11k 208.43
Intel Corporation (INTC) 1.4 $1.7M 61k 28.01
Wells Fargo & Company (WFC) 1.4 $1.7M 49k 34.22
Microsoft Corporation (MSFT) 1.4 $1.7M 52k 32.12
Caterpillar (CAT) 1.4 $1.6M 15k 107.26
Schlumberger (SLB) 1.3 $1.6M 23k 69.83
Cisco Systems (CSCO) 1.3 $1.5M 71k 21.12
Verizon Communications (VZ) 1.3 $1.5M 39k 38.33
American Express Company (AXP) 1.2 $1.5M 25k 58.06
General Dynamics Corporation (GD) 1.2 $1.4M 19k 73.03
Kellogg Company (K) 1.2 $1.4M 27k 53.33
Coca-Cola Company (KO) 1.1 $1.3M 18k 74.24
Automatic Data Processing (ADP) 1.1 $1.3M 23k 55.87
Teva Pharmaceutical Industries (TEVA) 1.1 $1.3M 28k 44.56
Target Corporation (TGT) 1.0 $1.2M 21k 58.18
Costco Wholesale Corporation (COST) 1.0 $1.2M 14k 88.00
Chubb Corporation 0.9 $1.1M 16k 70.00
C.H. Robinson Worldwide (CHRW) 0.9 $1.1M 17k 64.96
JPMorgan Chase & Co. (JPM) 0.9 $1.1M 23k 46.07
Dominion Resources (D) 0.9 $1.0M 20k 51.54
iShares Gold Trust 0.8 $968k 61k 16.00
Marathon Oil Corporation (MRO) 0.8 $941k 30k 31.82
Illinois Tool Works (ITW) 0.8 $901k 16k 57.14
At&t (T) 0.5 $597k 19k 31.25
Apache Corporation 0.5 $595k 5.9k 100.00
Exelon Corporation (EXC) 0.5 $599k 15k 39.00
Pfizer (PFE) 0.5 $585k 26k 22.58
Nike (NKE) 0.5 $578k 5.4k 106.67
Marathon Petroleum Corp (MPC) 0.5 $552k 13k 43.64
Qualcomm (QCOM) 0.5 $537k 7.9k 68.07
General Mills (GIS) 0.4 $524k 13k 39.42
Microchip Technology (MCHP) 0.4 $508k 14k 36.67
ConocoPhillips (COP) 0.4 $453k 6.0k 76.15
Tecumseh Products Company 0.4 $434k 109k 4.00
Cummins (CMI) 0.3 $420k 3.5k 119.53
Accenture (ACN) 0.3 $396k 6.1k 64.42
Key (KEY) 0.3 $393k 46k 8.51
Nextera Energy (NEE) 0.3 $383k 6.4k 60.00
E.I. du Pont de Nemours & Company 0.3 $370k 7.0k 52.91
Medtronic Inc note 1.625% 4/1 0.3 $354k 350k 1.01
Emerson Electric (EMR) 0.3 $355k 6.8k 52.19
V.F. Corporation (VFC) 0.3 $341k 2.4k 143.75
Philip Morris International (PM) 0.3 $318k 3.6k 88.05
Walgreen Company 0.3 $318k 9.8k 32.50
BlackRock 0.2 $295k 1.4k 204.30
Wal-Mart Stores (WMT) 0.2 $273k 4.5k 60.11
Walt Disney Company (DIS) 0.2 $274k 6.2k 43.96
Bristol Myers Squibb (BMY) 0.2 $280k 8.4k 33.33
Nucor Corporation (NUE) 0.2 $270k 6.3k 43.00
Johnson Controls 0.2 $270k 8.3k 32.43
Rockwell Collins 0.2 $278k 4.6k 60.00
EMC Corporation 0.2 $275k 9.2k 29.84
AFLAC Incorporated (AFL) 0.2 $257k 5.6k 45.76
Novartis (NVS) 0.2 $262k 4.9k 53.33
Royal Dutch Shell 0.2 $252k 3.6k 70.19
Kimberly-Clark Corporation (KMB) 0.2 $233k 3.1k 76.19
iShares MSCI EAFE Index Fund (EFA) 0.2 $241k 4.4k 54.84
Boeing Company (BA) 0.2 $217k 3.1k 70.00
Medtronic 0.2 $210k 5.3k 39.33
Express Scripts 0.2 $213k 3.9k 54.20
3M Company (MMM) 0.2 $205k 2.3k 90.00
Huntington Bancshares Incorporated (HBAN) 0.1 $122k 19k 6.43