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Stock Update: Stonegate Bank

Our second-best performer during the first quarter was Stonegate adding $859,520 to returns. This Florida-based bank saw its share price rise in the period as the organization reported earnings well in excess of analyst estimates. Stonegate, known for being the first U.S. bank to establish transactional banking relationships in Cuba, announced plans to merge with Home Bancshares — the parent company of Florida's Centennial Bank.  

The portfolio is actively managed. For the FAM Small Cap Fund's current Top 10 Holdings to the most recent quarter-end, view its Portfolio Details.

To obtain the FAM Small Cap Fund's performance data that is current to the most recent month-end, click here.

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