City State Bank Q4 2025 Filing

Filed January 28, 2026

Portfolio Value

$365.1M

Holdings

767

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (767 positions)

#	Stock	Shares	Value	% Portfolio
1	AAPLApple Inc Ordinary Shares	59,486	$16.2M	4.43%
2	BIVVanguard Group, Inc. Intermediate-Term Bond Etf	174,057	$13.6M	3.71%
3	DFCFDimensional Etf Trust Core Fixed Income	318,066	$13.5M	3.71%
4	BSVVanguard Group, Inc. Short-Term Bond Etf	130,664	$10.3M	2.82%
5	VIGVanguard Group, Inc. Dividend Appreciation Ftf	43,088	$9.5M	2.59%
6	DFSDDimensional Etf Trust Short-Duration Fixed Income	195,689	$9.4M	2.57%
7	VYMVanguard High Dividend Yield Etf	61,745	$8.9M	2.43%
8	VWOBVanguard Group, Inc. Emerging Markets Government Bond Etf	113,755	$7.7M	2.10%
9	BNDVanguard Total Bond Market Etf	101,330	$7.5M	2.06%
10	MSFTMicrosoft	15,447	$7.5M	2.05%
11	DFATDimensional Etf Trust U.S. Targeted Value	121,619	$7.2M	1.98%
12	AGGBlackrock Institutional Trust Company N.A. Ishares Core U.S. Aggregate Bond Etf	69,842	$7.0M	1.91%
13	BRK/BBerkshire Hathaway Inc. Ordinary Shares - Class B	13,324	$6.7M	1.83%
14	NVDANvidia Corp Ordinary Shares	34,660	$6.5M	1.77%
15	GOOGAlphabet Inc Ordinary Shares - Class C	20,046	$6.3M	1.72%
16	BNDXVanguard Group, Inc. Total International Bond Etf	126,787	$6.1M	1.68%
17	STIPBlackrock Institutional Trust Company N.A. Ishares 0-5 Year Tips Bond Etf	59,331	$6.1M	1.66%
18	VUGVanguard Group, Inc. Growth Etf	11,476	$5.6M	1.53%
19	IGIBBlackrock Institutional Trust Company N.A. Ishares 5-10 Year Investment Grade Corporate Bond Etf	100,985	$5.4M	1.49%
20	LNTAlliant Energy Corp. Ordinary Shares	72,576	$4.7M	1.29%
21	AMZNAmazon.com Inc. Ordinary Shares	19,749	$4.6M	1.25%
22	MUMicron Technology Inc. Ordinary Shares	15,197	$4.3M	1.19%
23	VTVVanguard Group, Inc. Value Etf	22,670	$4.3M	1.19%
24	EBNDSpdr Series Trust Bloomberg Emerging Markets Local Bond Etf	200,641	$4.3M	1.17%
25	DFAIDimensional Etf Trust International Core Equity Market	106,394	$4.1M	1.11%
26	DFIVDimensional Etf Trust International Value	76,739	$3.8M	1.05%
27	DFGPDimensional Etf Trust Global Core Plus Fixed Income	70,767	$3.8M	1.05%
28	VFHVanguard Group, Inc. Financials Etf	26,985	$3.6M	0.99%
29	VOVanguard Group, Inc. Mid-Cap Etf	11,525	$3.3M	0.92%
30	DFACDimensional Etf Trust U.S. Core Equity 2	81,031	$3.2M	0.88%
31	DFAEDimensional Etf Trust Emerging Core Equity Market	96,044	$3.1M	0.86%
32	LLYLilly(eli) & Co Ordinary Shares	2,896	$3.1M	0.85%
33	SPYSsga Active Trust State Street Spdr S&p 500 Etf	4,361	$3.0M	0.81%
34	DUHPDimensional Etf Trust US High Profitability	77,839	$3.0M	0.81%
35	JPMJPMorgan Chase & Co.	8,468	$2.7M	0.75%
36	VBVanguard Group, Inc. Small Cap Etf	9,912	$2.6M	0.70%
37	DFLVDimensional Etf Trust US Large Cap Value	69,506	$2.4M	0.65%
38	JNJJohnson & Johnson	11,307	$2.3M	0.64%
39	VGTVanguard Group, Inc. Information Technology Etf	3,087	$2.3M	0.64%
40	RTXRtx Corp Ordinary Shares	12,372	$2.3M	0.62%
41	CATCaterpiller, Inc DEL	3,943	$2.3M	0.62%
42	TSMTaiwan Semiconductor Manufacturing LTD	7,412	$2.3M	0.62%
43	IAGGBlackrock Institutional Trust Company N.A. Ishares International Aggregate Bond Fund	41,755	$2.1M	0.57%
44	ABBVAbbvie Inc Ordinary Shares	8,920	$2.0M	0.56%
45	TSLATesla Inc Ordinary Shares	4,469	$2.0M	0.55%
46	VWOVanguard Group, Inc. Ftse Emerging Markets Etf	37,161	$2.0M	0.55%
47	VHTVanguard Group, Inc. Health Care Etf	6,925	$2.0M	0.55%
48	COSTCostco Wholesale Corp Ordinary Shares	2,244	$1.9M	0.53%
49	VMBSVanguard Group, Inc. Mortgage-Backed Securities Etf	36,957	$1.7M	0.48%
50	VBRVanguard Group, Inc. Small Cap Value Etf	8,183	$1.7M	0.47%
51	VOOVanguard Group, Inc. S&p 500 Etf	2,657	$1.7M	0.46%
52	METAMeta Platforms Inc Ordinary Shares - Class A	2,523	$1.7M	0.46%
53	HDHome Depot, Inc.	4,664	$1.6M	0.44%
54	DFIPDimensional Etf Trust Inflation-Protected Securities	38,400	$1.6M	0.44%
55	TIPIShares US Treasury Inflation Protected	14,380	$1.6M	0.43%
56	DIHPDimensional Etf Trust International High Profitability	48,256	$1.5M	0.42%
57	MRKMerck & Co Inc Ordinary Shares	14,099	$1.5M	0.41%
58	WMTWalmart Inc	13,108	$1.5M	0.40%
59	IBBBlackrock Institutional Trust Company N.A. Ishares Biotechnology Etf	8,582	$1.4M	0.40%
60	VEUVanguard Group, Inc. Ftse All-World ex-US Etf	19,542	$1.4M	0.39%
61	VEAVanguard Group, Inc. Ftse Developed Markets Etf	22,830	$1.4M	0.39%
62	DEDeere & Co.	2,749	$1.3M	0.35%
63	FITBFifth Third Bancorp Ordinary Shares	26,522	$1.2M	0.34%
64	QQQMInvesco Exchange-Traded Fund Trust Ii Nasdaq 100 Etf	4,783	$1.2M	0.33%
65	VPUVanguard Group, Inc. Utilities Etf	6,536	$1.2M	0.33%
66	AMDAdvanced Micro Devices Inc. Ordinary Shares	5,632	$1.2M	0.33%
67	IBMIBM Common	3,899	$1.2M	0.32%
68	LMTLockheed Martin Corp.	2,368	$1.1M	0.31%
69	MLB1Mercadolibre Inc Ordinary Shares	539	$1.1M	0.30%
70	SPIPSpdr Series Trust State Street Portfolio Tips Etf	41,765	$1.1M	0.30%
71	ADPAutomatic Data Processing	4,129	$1.1M	0.29%
72	SPEMSsga Active Trust Spdr Portfolio Emerging Markets Etf	22,499	$1.1M	0.29%
73	KOCoca Cola Co	14,965	$1.0M	0.29%
74	CASYCaseys General Stores Inc	1,866	$1.0M	0.28%
75	VISVanguard Group, Inc. Industrials Etf	3,447	$1.0M	0.28%
76	AMATApplied Materials Inc. Ordinary Shares	3,957	$1.0M	0.28%
77	GSGoldman Sachs Group, Inc. Ordinary Shares	1,145	$1.0M	0.28%
78	BACVerizon Communications	24,212	$986K	0.27%
79	CVXChevron Common	6,391	$974K	0.27%
80	MGKVanguard Group, Inc. Mega Cap Growth Etf	2,297	$948K	0.26%
81	IVVBlackrock Institutional Trust Company N.A. Ishares Core S&p 500 Etf	1,322	$905K	0.25%
82	VCSHVanguard Short-term Corporate Bond Idx Fund Etf	11,320	$902K	0.25%
83	EMBBlackrock Institutional Trust Company N.A. Ishares J.P. Morgan USD Emerging Markets Bond Etf	9,270	$892K	0.24%
84	MMM3M Co. Ordinary Shares	5,442	$871K	0.24%
85	VVVanguard Group, Inc. Large Cap Etf	2,743	$863K	0.24%
86	NEENextera Energy Inc Ordinary Shares	10,371	$832K	0.23%
87	CBChubb Limited Ordinary Shares	2,633	$821K	0.22%
88	LQDIShares Trust Goldman Sacsh $ Investop Corp Bond Fund	7,410	$816K	0.22%
89	BABAAlibaba Group Holding Ltd ADR	5,572	$816K	0.22%
90	VAWVanguard Materials Viper	3,904	$810K	0.22%
91	PGProcter & Gamble Co. Ordinary Shares	5,564	$797K	0.22%
92	CRWDCrowdstrike Holdings Inc Ordinary Shares - Class A	1,702	$797K	0.22%
93	BACBank of America Corp.	14,106	$775K	0.21%
94	PFEPfizer Inc	29,883	$744K	0.20%
95	BLVVanguard Group, Inc. Long-Term Bond Etf	10,609	$737K	0.20%
96	XOMExxonmobil Corp.	6,106	$734K	0.20%
97	AMGNAmgen, Inc.	2,205	$721K	0.20%
98	VVisa Inc Ordinary Shares - Class A	2,042	$716K	0.20%
99	LOWLowes Cos, Inc.	2,949	$711K	0.19%
100	PG4Principal Financial Group	7,938	$700K	0.19%

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