


01/11/1991                                         SECURITY TRANSACTION HISTORY REPORT

Issue: FHLMC 273778                                          Coupon:      8.5000                              Maturity date: 06/01/2016
Certificate Amount :   620000.00                       Current Face:   424236.49                              Purchase Date: 07/28/1988
Purchased Par Value:   523377.22                       Current Book:   390164.98                                  Sale Date:   /  /    
Original Book Value:   481343.49                            Held at: FRB                                       CUSIP Number: 31343EFT2
========================================================================================================================================
   Trans   Transaction             Coupon   Principal    Interest   Accret/   Principal    Interest   Principal    Interest      Accrued
    Date   Description               Rate         Due         Due   (Amort)    Received    Received  Adjustment  Adjustment      Int Rec
----------------------------------------------------------------------------------------------------------------------------------------
12/31/1989 Accr interest brought fwd                                                                                             6380.92
01/26/1990 PAYMENT REC'D           8.5000       -0.01        0.00      0.00      386.45     3191.83        0.00        0.00      3189.09
01/31/1990 EOM ACCRUALS            8.5000      417.01     3186.14     33.49        0.00        0.00        0.00        0.00      6375.23
02/15/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      417.01     3189.09        0.00        0.00      3186.14
02/28/1990 EOM ACCRUALS            8.5000      353.59     3183.63     28.40        0.00        0.00        0.00        0.00      6369.77
03/15/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      353.59     3186.14        0.00        0.00      3183.63
03/31/1990 EOM ACCRUALS            8.5000      401.02     3180.79     32.21        0.00        0.00        0.00        0.00      6364.42
04/16/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      401.02     3183.63        0.00        0.00      3180.79
04/30/1990 EOM ACCRUALS            8.5000      322.21     3178.51     25.88        0.00        0.00        0.00        0.00      6359.30
05/15/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      322.21     3180.79        0.00        0.00      3178.51
05/31/1990 EOM ACCRUALS            8.5000      366.85     3175.91     29.46        0.00        0.00        0.00        0.00      6354.42
06/15/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      366.85     3178.51        0.00        0.00      3175.91
06/30/1990 EOM ACCRUALS            8.5000      440.94     3172.79     35.41        0.00        0.00        0.00        0.00      6348.70
07/31/1990 EOM ACCRUALS            8.5000      490.61     3169.31     39.40        0.00        0.00        0.00        0.00      9518.01
07/30/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      440.94     3175.91        0.00        0.00      6342.10
08/15/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      490.61     3172.79        0.00        0.00      3169.31
08/31/1990 EOM ACCRUALS            8.5000      310.38     3167.11     24.93        0.00        0.00        0.00        0.00      6336.42
09/17/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      310.37     3169.31        0.01        0.00      3167.11
09/30/1990 EOM ACCRUALS            8.5000      477.16     3163.74     38.32        0.00        0.00        0.00        0.00      6330.85
10/22/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      477.15     3167.11        0.01        0.00      3163.74
10/31/1990 EOM ACCRUALS            8.5000      377.22     3161.06     30.29        0.00        0.00        0.00        0.00      6324.80
11/15/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00      377.21     3163.74        0.01        0.00      3161.06
11/30/1990 EOM ACCRUALS            8.5000    21558.20     3008.36   1731.39        0.00        0.00        0.00        0.00      6169.42
12/17/1990 PAYMENT REC'D           8.5000        0.00        0.00      0.00    21558.21     3161.07       -0.01        0.01      3008.36
12/31/1990 EOM ACCRUALS            8.5000      473.05     3005.01     37.99        0.00        0.00        0.00        0.00      6013.37


Page No.     1                                          Listed by Maturity Date
01/11/1991
                                                       SECURITIES PORTFOLIO RECAP
                                                                                                                                        
                                                                                          

=============== ======= ========== =========== =========== =========== =========== =========== ========== =============== =============
Issue            Coupon  Maturity  Current Par  Curr. Book   Mkt Value Gain/(Loss) Accrued Int Disc(Prem) Held at:        Pledged to:  
--------------- ------- ---------- ----------- ----------- ----------- ----------- ----------- ---------- --------------- -------------
                                                                                                                                       


US TREAS NOTE    7.6250 05/15/1993   500000.00   500183.35   502970.00     2786.65     4804.79    -183.35 1ST NAT'L BK
US TREAS NOTE    8.8750 02/15/1996  1000000.00  1070082.08  1048750.00   -21332.08    33707.26  -70082.08 PLEASANT BANK B ST OF LA / T
LA BD OF ED NIC  6.6250 12/01/1996    10000.00    10246.59     9881.50     -365.09       55.21    -246.59 PLEASANT BANK
US TREAS NOTE    8.1250 02/15/1998   500000.00   499161.23   505315.00     6153.77    15429.37     838.77 1ST NAT'L BK    ST OF LA
US TREAS BOND    7.8750 02/15/2000     2000.00     2001.15     1978.12      -23.03       59.82      -1.15 PLEASANT BANK
FHLMC 273778     8.5000 06/01/2016   424236.49   390164.98   407267.03    17102.05     6013.37   34071.52 FRB             ANYTOWN HOUSI
GNMA2 207931    10.0000 01/20/2018   704234.80   709076.45   728442.87    19366.42     5868.62   -4841.65 FRB             OUR COUNTY DA
GNMA 229295      9.5000 06/15/2018   923310.98   907730.09   936006.51    28276.42     7309.55   15580.89 1ST NAT'L BK    1ST NAT'L BK
GNMA GPM 910930  9.7500 07/15/2018  1140265.38  1117816.23  1166278.25    48462.02     9264.66   22449.15 FRB             FRB - L&D
FNMA ARM 13206   9.3250 08/01/2025   485636.14   510404.21   491706.59   -18697.62     7593.77  -29574.64 FRB             FRB - L&D
*** Total ***
                                    5689683.79  5716866.36  5798595.87    81729.51    90106.42                                         



01/11/91                                                    CASH FLOW REPORT                                                  Page 1
========================================================================================================================================
                         [--- 1ST QUARTER ---] [--- 2ND QUARTER ---] [--- 3RD QUARTER ---] [--- 4TH QUARTER ---]  [--- YEAR-TO-DATE ---]
Security Description     Prin Rec'd  Int Rec'd Prin Rec'd  Int Rec'd Prin Rec'd  Int Rec'd Prin Rec'd  Int Rec'd  Prin Rec'd   Int Rec'd
----------------------------------------------------------------------------------------------------------------------------------------
FHLMC 273778    06/01/16       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
FNMA ARM 13206  08/01/25       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
GNMA 229295     06/15/18       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
GNMA GPM 910930 07/15/18       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
GNMA2 207931    01/20/18       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
LA BD OF ED NIC 12/01/96       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
US TREAS BOND   02/15/00       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
US TREAS NOTE   05/15/93       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
US TREAS NOTE   02/15/98       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
US TREAS NOTE   02/15/96       0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00
----------------------------------------------------------------------------------------------------------------------------------------
   TOTALS:                     0.00       0.00       0.00       0.00       0.00       0.00       0.00       0.00        0.00        0.00


01/11/91                   PLEDGED SECURITIES REPORT
===============================================================================
Security Description        Coupon Maturity Pledged to          Pledged Amount
-------------------------------------------------------------------------------
 FHLMC 273778               8.5000 06/01/16 ANYTOWN HOUSING AUTH   200000.00
 FNMA ARM 13206             9.3250 08/01/25 FRB - L&D                   0.00
 GNMA 229295                9.5000 06/15/18 1ST NAT'L BK           250000.00
 GNMA GPM 910930            9.7500 07/15/18 FRB - L&D                   0.00
 GNMA2 207931              10.0000 01/20/18 OUR COUNTY DA         200000.00
 US TREAS NOTE              8.1250 02/15/98 ST OF LA               500000.00
 US TREAS NOTE              8.8750 02/15/96 ST OF LA / T T & L    1000000.00


12/31/1990                      End of Month Entries

===============================================================================
Security       -         Coupon    Prin Due     Int Due   Accretion       Amort
-------------------------------------------------------------------------------
FHLMC 273778             8.5000      473.05     3005.01       37.99        0.00
                                -----------------------------------------------
  Subtotals: FHLM                    473.05     3005.01       37.99        0.00


FNMA ARM 13206           9.3250     4156.54     3773.80        0.00     -211.99
                                -----------------------------------------------
  Subtotals: FNMA                   4156.54     3773.80        0.00     -211.99


GNMA 229295              9.5000        0.00     7309.55       12.63        0.00
GNMA GPM 910930          9.7500        0.00     9264.66      -21.22        0.00
GNMA2 207931            10.0000        0.00     5868.62        0.00       -2.88
                                -----------------------------------------------
  Subtotals: GNMA                      0.00    22442.83       -8.59       -2.88


LA BD OF ED NICHOLLS ST  6.6250        0.00       55.21        0.00       -3.54
                                -----------------------------------------------
  Subtotals: LA B                      0.00       55.21        0.00       -3.54


US TREAS BOND            7.8750        0.00       13.38        0.00       -0.01
US TREAS NOTE            7.6250        0.00     3238.01        0.00       -6.38
US TREAS NOTE            8.1250        0.00     3450.34        9.95        0.00
US TREAS NOTE            8.8750        0.00     7537.67        0.00    -1156.88
                                -----------------------------------------------
  Subtotals: US T                      0.00    14239.40        9.95    -1163.27


    TOTALS:                         4629.59    43516.25       39.35    -1381.68

