EXCHANGE BANK

Filed: 4/8/2026ACC: 0002001155-26-000002

📋 What this filing means

EXCHANGE BANK filed this quarterly 13F‑HR report disclosing 117 equity positions with a total reported market value of $144.30M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

117

Positions

$144.30M

Total AUM (reported)

1.17M

Total Shares

Allocation by class

COMMON STOCK$102.59M71.1%

MUTUAL FUNDS/EQ$20.11M13.9%

MUTUAL FUNDS/FI$13.68M9.5%

MUTUAL FUNDS /$6.78M4.7%

FOREIGN STOCK$878.5K0.6%

PARTNERSHIPS$253.6K0.2%

Portfolio Concentration

Top 3$19.47M13.5%

4–10$28.66M19.9%

11–25$35.87M24.9%

Rest$60.30M41.8%

Top 3 weight

13.5%

Top 10 weight

33.4%

Voting Authority Distribution

Total shares with voting rights: 1.17M

Sole

Full voting authority

1.12M

% of voting shares95.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

57.33K

% of voting shares4.9%

Investment Discretion (by position count)

Sole117

Shared0

Other0

Dominant voting typeSole · 95.1% of voting shares

Institutional Holdings117

Rows:

APPLE INC

SOLE

COMMON STOCK

Shares28.54K

TypeSH

Market value$7.24M

5.02%

Sole

25.61K

Shared

0.00

None

2.94K

JOHNSON & JOHNSON

SOLE

COMMON STOCK

Shares27.64K

TypeSH

Market value$6.76M

4.68%

Sole

26.74K

Shared

0.00

None

900.00

ISHARES NATIONAL AMT-FREE MUNI

SOLE

MUTUAL FUNDS /

Shares51.51K

TypeSH

Market value$5.47M

3.79%

Sole

51.51K

Shared

0.00

None

0.00

CATERPILLAR INC

SOLE

COMMON STOCK

Shares7.47K

TypeSH

Market value$5.29M

3.67%

Sole

7.41K

Shared

0.00

None

63.00

CHEVRON CORP

SOLE

COMMON STOCK

Shares22.48K

TypeSH

Market value$4.65M

3.22%

Sole

22.18K

Shared

0.00

None

298.00

EXXON MOBIL CORP

SOLE

COMMON STOCK

Shares24.14K

TypeSH

Market value$4.10M

2.84%

Sole

21.17K

Shared

0.00

None

2.97K

ISHARES CORE TOTAL US BOND

SOLE

MUTUAL FUNDS/FI

Shares37.45K

TypeSH

Market value$3.72M

2.58%

Sole

37.45K

Shared

0.00

None

0.00

MICROSOFT CORP

SOLE

COMMON STOCK

Shares9.94K

TypeSH

Market value$3.68M

2.55%

Sole

8.48K

Shared

0.00

None

1.45K

WALMART INC

SOLE

COMMON STOCK

Shares29.35K

TypeSH

Market value$3.65M

2.53%

Sole

28.80K

Shared

0.00

None

556.00

VANGUARD TOTAL STOCK MARKET ETF

SOLE

MUTUAL FUNDS/EQ

Shares11.14K

TypeSH

Market value$3.58M

2.48%

Sole

11.14K

Shared

0.00

None

0.00

PROCTER & GAMBLE CO

SOLE

COMMON STOCK

Shares23.54K

TypeSH

Market value$3.40M

2.36%

Sole

23.10K

Shared

0.00

None

444.00

JP MORGAN CHASE & CO

SOLE

COMMON STOCK

Shares11.07K

TypeSH

Market value$3.26M

2.26%

Sole

10.46K

Shared

0.00

None

610.00

VANGUARD TOTAL BOND MARKET ETF

SOLE

MUTUAL FUNDS/FI

Shares44.17K

TypeSH

Market value$3.25M

2.25%

Sole

44.17K

Shared

0.00

None

0.00

INTERNATIONAL BUSINESS MACHS

SOLE

COMMON STOCK

Shares11.60K

TypeSH

Market value$2.81M

1.95%

Sole

11.48K

Shared

0.00

None

125.00

ALPHABET INC

SOLE

COMMON STOCK

Shares9.70K

TypeSH

Market value$2.79M

1.93%

Sole

8.20K

Shared

0.00

None

1.51K

COCA-COLA CO

SOLE

COMMON STOCK

Shares30.23K

TypeSH

Market value$2.30M

1.59%

Sole

29.55K

Shared

0.00

None

674.00

UNION PACIFIC CORP

SOLE

COMMON STOCK

Shares9.37K

TypeSH

Market value$2.27M

1.57%

Sole

7.64K

Shared

0.00

None

1.72K

NVIDIA CORPORATION

SOLE

COMMON STOCK

Shares12.80K

TypeSH

Market value$2.23M

1.55%

Sole

8.49K

Shared

0.00

None

4.32K

ISHARES CORE S&P MID-CAP (MKT)

SOLE

MUTUAL FUNDS/EQ

Shares32.93K

TypeSH

Market value$2.22M

1.54%

Sole

32.93K

Shared

0.00

None

0.00

BERKSHIRE HATHAWAY INC

SOLE

COMMON STOCK

Shares3.00

TypeSH

Market value$2.15M

1.49%

Sole

3.00

Shared

0.00

None

0.00

SCHWAB US BROAD MARKET ETFT

SOLE

MUTUAL FUNDS/EQ

Shares76.50K

TypeSH

Market value$1.92M

1.33%

Sole

76.50K

Shared

0.00

None

0.00

ALPHABET INC

SOLE

COMMON STOCK

Shares6.51K

TypeSH

Market value$1.87M

1.29%

Sole

5.71K

Shared

0.00

None

803.00

STATE STREET SPDR S&P 500 ETF

SOLE

MUTUAL FUNDS/EQ

Shares2.87K

TypeSH

Market value$1.86M

1.29%

Sole

2.87K

Shared

0.00

None

0.00

BRISTOL-MYERS SQUIBB CO

SOLE

COMMON STOCK

Shares29.31K

TypeSH

Market value$1.78M

1.23%

Sole

28.57K

Shared

0.00

None

735.00

PHILIP MORRIS INTERNATIONAL INC

SOLE

COMMON STOCK

Shares10.60K

TypeSH

Market value$1.75M

1.21%

Sole

10.33K

Shared

0.00

None

270.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
APPLE INCSOLE	COMMON STOCK	28.54K	SH	$7.24M 5.02%	25.61K	2.94K
JOHNSON & JOHNSONSOLE	COMMON STOCK	27.64K	SH	$6.76M 4.68%	26.74K	900.00
ISHARES NATIONAL AMT-FREE MUNISOLE	MUTUAL FUNDS /	51.51K	SH	$5.47M 3.79%	51.51K	0.00
CATERPILLAR INCSOLE	COMMON STOCK	7.47K	SH	$5.29M 3.67%	7.41K	63.00
CHEVRON CORPSOLE	COMMON STOCK	22.48K	SH	$4.65M 3.22%	22.18K	298.00
EXXON MOBIL CORPSOLE	COMMON STOCK	24.14K	SH	$4.10M 2.84%	21.17K	2.97K
ISHARES CORE TOTAL US BONDSOLE	MUTUAL FUNDS/FI	37.45K	SH	$3.72M 2.58%	37.45K	0.00
MICROSOFT CORPSOLE	COMMON STOCK	9.94K	SH	$3.68M 2.55%	8.48K	1.45K
WALMART INCSOLE	COMMON STOCK	29.35K	SH	$3.65M 2.53%	28.80K	556.00
VANGUARD TOTAL STOCK MARKET ETFSOLE	MUTUAL FUNDS/EQ	11.14K	SH	$3.58M 2.48%	11.14K	0.00
PROCTER & GAMBLE COSOLE	COMMON STOCK	23.54K	SH	$3.40M 2.36%	23.10K	444.00
JP MORGAN CHASE & COSOLE	COMMON STOCK	11.07K	SH	$3.26M 2.26%	10.46K	610.00
VANGUARD TOTAL BOND MARKET ETFSOLE	MUTUAL FUNDS/FI	44.17K	SH	$3.25M 2.25%	44.17K	0.00
INTERNATIONAL BUSINESS MACHSSOLE	COMMON STOCK	11.60K	SH	$2.81M 1.95%	11.48K	125.00
ALPHABET INCSOLE	COMMON STOCK	9.70K	SH	$2.79M 1.93%	8.20K	1.51K
COCA-COLA COSOLE	COMMON STOCK	30.23K	SH	$2.30M 1.59%	29.55K	674.00
UNION PACIFIC CORPSOLE	COMMON STOCK	9.37K	SH	$2.27M 1.57%	7.64K	1.72K
NVIDIA CORPORATIONSOLE	COMMON STOCK	12.80K	SH	$2.23M 1.55%	8.49K	4.32K
ISHARES CORE S&P MID-CAP (MKT)SOLE	MUTUAL FUNDS/EQ	32.93K	SH	$2.22M 1.54%	32.93K	0.00
BERKSHIRE HATHAWAY INCSOLE	COMMON STOCK	3.00	SH	$2.15M 1.49%	3.00	0.00
SCHWAB US BROAD MARKET ETFTSOLE	MUTUAL FUNDS/EQ	76.50K	SH	$1.92M 1.33%	76.50K	0.00
ALPHABET INCSOLE	COMMON STOCK	6.51K	SH	$1.87M 1.29%	5.71K	803.00
STATE STREET SPDR S&P 500 ETFSOLE	MUTUAL FUNDS/EQ	2.87K	SH	$1.86M 1.29%	2.87K	0.00
BRISTOL-MYERS SQUIBB COSOLE	COMMON STOCK	29.31K	SH	$1.78M 1.23%	28.57K	735.00
PHILIP MORRIS INTERNATIONAL INCSOLE	COMMON STOCK	10.60K	SH	$1.75M 1.21%	10.33K	270.00

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