I

AO 10 Rev. 1/2011

FINANCIAL DISCLOSURE REPORT FOR CALENDAR YEAR 2010

2. Court or Organization District of Alaska
5a. Report Type (check appropriate q.pe) ] Nomination. [] Initial Date [] Annual [] Final

Report Required by the Ethics in Government Act ofl978 (5 U.S.C. app. ~sq.~ 101-111)

1. Person Reporting (last name, lirst, middle initial) HOLLAND, H. Russel

4. Title (Article III judges indicate active or senior status; magistrate judges indicate full- or part-time)

I 3. Date of Report 06/10/201 I

6. Reporting Period 01/01/2010 to 12/31/2010

Dis~ct Judge (Senior)

5b. [] Amended Report

7. Chambers or Office Address United States District Court 222 West 7th Avenue - Unit 54 Anchorage, Alaska 99513

8. On the basis of the inforraation contained in this Report and any modifications pertaining thereto, it is, in my opinion, in compliance with applicable laws and regulations. Reviewing Officer Date

IMPORTANT NOTES: The instructions accompanying this form must be followe,! Complete all parts,
checking the NONE box for each part where you have no reportable information. Sign on last page.

I. POSITIONS. (Reporting individual only; seepp. 9-13 of filing instructions.)

[~] NONE (No reportable positions.)
POSITION NAME OF ORGANIZATION/ENTITY

2. 3. 4. 5.

II. AGREEMENTS. me~,orti,g individual only; seepp. 14-16 of filing instructions.)

~] NONE (No reportable agreements.) DATE PARTIES AND TERMS

Holland, H. Russel

FINANCIAL DISCLOSURE REPORT Page 2 of 10

Name of Person Reporting HOLLAND, H. Russel

Date of Report 06/10/201 I

II I. NON-INVESTMENT INCOME. (Reporling individual and spouse; see pp. 17-24 of filing instructions.)
A. Filers Non-Investment Income ~] NONE (No reportable non-investment income.) DATE SOURCE AND TYPE INCOME
(yours, not spouses)

B, Spouses Non-! nvestment Income - lf ).ou were married during any portion of the reporting year, complete this section.
(Dollar amount not required except for honoraria.)

NONE (No reportable non-investment income.) DATE

1. 2. 3. 4.

SOURCE AND TYPE

IV. REIMBURSEMENTS - transportation, lodging, food, entertainment

(Includes those to spouse and dependent children," see pp. 25-27 offiling instmtctions.)

NONE (No reportable reimbursements.) SOURCE DATES LOCATION

PURPOSE

ITEMS PAID OR PROVIDED

2. 3. 4. 5.

FINANCIAL DISCLOSURE REPORT Page 3 of I0

Name of Person Reporting HOLLAND, H. Russel

Date of Report 06/I 0/2011

V. GIFTS. (tncludcs those to spouse and depcndent children: see pp. 28-31of filing instructions.)
NONE (No reportable g~s.)
SOURCE
I. 2. 3. 4. 5.

DESCRIPTION

VALUE

VI. LIABILITIES. andudes,hose olspo,se a,d dep,,d,,, children; see pp. 32-33 of filing instructions.)
NONE (No reportable liabilities.)
CREDITOR
I. 2. 3. 4. 5.

DESCRIPTION

VALUECODE

FINANCIAL DISCLOSURE REPORT Page 4 of 10

Name of Person Reporting HOLLAND, H. Russel

Date of Report 06/10/201 I

VII. INVESTMENTS and TRUSTS - income, value, transactions (Includes those of spouse and dependent children: see pp. 34-60 of filing instructions.)
NONE (No reportable income, assets, or transactions.)
A. Description of Assets (including trust assets) Place "(X)" after each asset exempt from prior disclosure B. Income during reporting period (1) (2) Type (e.g., Amount Code I div., rent, (A-H) or int.) C. Gross value at end of reporting period O) Value Code 2 (J-P) (2) Value Method Code 3 (Q-W)
Transactions during reporting period

(1)
Type (e.g., buy, sell, redemption)

(2) (3) (4) Date Value Gain mm/dd/yy Code 2 Code I (J-P) (A-H)

(5)
Idemity of buyer/seller (if private

transaction)

I. 2. 3. 4. 5. 6. 7. 8. 9. 10. II. 12. 13. 14. 15. 16. 17.

CMS Energy Nordstxom, Inc. Rowan Companies MS Liquid Asset Fund (formerly MSDW (Individual Liquid....) Talkeetna, Alaska, Lot Chitina, Alaska, Lot First National Bank Alaska Bank of America - Cash Reserves Daily Bank of America / Portland, Oregon Pepsico FrankIin Value Mark II Variable Annuity First National Bank Alaska / Savings Merrill Lynch (formerly B of A Investment Cash A/C) Yum Brands (formerlyTri-Global Restaurant) Franklin Income Fund Cisco Systems, Inc. Pfizer

A A A A

Dividend Dividend Dividend Dividend None None

J L J K L J L

T T W W T Merged 08/15/10 (with line 13) A see Note, Part Vlll

A A A A A A A A C
A A

Interest Interest Interest Dividend Dividend Interest Dividend Dividend Dividend Dividend Dividend

J J K K J J L J J

T T T T T T T T T see Note, Part Vlll

I. Income Gain Codes: ( See Columns B I and D4) 2. Value Codes (See Columns CI and D3) 3. Value Method Codes (See Column C2)

A =$1.000 or less F =$50.001 - $100,000 J =$15,000 or less N =$250.001 - $500,000 P3 $25,000.001 - $50.000.000 Q =Appraisal U =Book Value

B -$ 1.001 - $2.500 G =$100,001 K =$15.001 - $50,000 O $500.001 - $1,000.0~0 R =Cost (Real Eslale Only) V -OIhcr

C =$2,501 - $5,000 HI =$1.000,001 L =$50.001 - $100.000 PI =$|,0~0,001 - $5,0~0,000 P4 =More than S =Assessment W =Eslimated

D = $5,001 - $15,000 H2 =More than $5,000,000 M =$100,001 - $250,000 P2 = $ 5,0~0.001 - $25,000 T :Cash Market

E =$15.001 - $50,000

FINANCIAL DISCLOSURE REPORT Page 5 of 10

Name of Person Reporting HOLLAND, H. Russel

Dale of Report 06/I0/2011

VII. INVESTMENTS and TRUSTS - income, value, transactions (Includes those of spouse and dependent children; see pp. 34-60 of filing instructions.)
--] NONE (No reportable income, assets, or transactions.)
Description of Assets (including trust assets) Place "(X)" after each asset exempt from prior disclosure Income during reporting period (1) (2) Amount Type (e.g., Code I div., rent, (A-H) or int.) Gross value at end of reporting period (1) (2) Value Value Code 2 Metb.od
(J-P) Code 2, (Q-W) Transactions during reporting period

(0 Type (e.g., buy, sell, redemption)

(2) (3) (4) Date Value Gain mm/dd/yy Code 2 Code I

(J-P) (A-H)

(5) Identity of buyer/seller (if private transaction)

18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29.

Hewlett Packard Boeing Co. Northrim Bank Agilent Technologies Caterpillar, Inc. MetLife Trust #1 [Lines 25 through 53, inclusive]: --MS Bank (formerly MSDW Active Assets Money Trust) --Caterpillar Finance Service (bond) ****QCO --Caterpillar Finance Service (bond) ****LC2 --Gabelli Global Gold Reserves (formerly Gabelli Global) --Western Bank Puerto Rico CD

A A A A A A

Dividend Dividend Dividend Dividend Dividend Dividend

J J K J K J

T
T

T T T

see Note, Part Vlll B A A C A A A Interest Interest Interest Dividend Interest Interest Dividend None None Dividend K J T T K T Sold Buy 01/22/10 03/26/10 K K E see Note, Part VIII K K Buy (addl) Matured Matured 05118110
02/08/l 0

M Matured 11/15/10 J A

J
J

see Note, Part VIII A

A

30. --New South Federal Savings Bank CD 31. --CocaCola Co. 32. 33. 34. --Google, Inc. --Google, Inc. --Intel Corp.

02/08/10 J

I. Income Gain Codes: (See Colunms B I and 2. Value Codes (Sc Columns CI and D3) 3. Value Method Codes (See Column C2)

A =$ 1,000 or less F =$50,001 - $ 100,000 J =$15,000 or less N =$250,001 - $500,000 P3 -$25.000,001 - $50.000.000 Q =Appraisal U =Book Value

B =$1,001 - $2,500 G =$100.001 - $1,000,000 K =$15,001 - $50.1300 O =$500,001 - $1 R =Cost (Real Eslate Only) V -Other

C =$2,501 - $5,000 H I =$ 1,000.001 - $ 5.000,000 L =$50,001 - $ 100.000 P I =$ 1.000,001 - $5.000,000 P4 =More Ihan $50.000,000 S =Assessment W =Estimated

D =$5.001 - $| 5.000 H2 =More than $5.0~0.000 M =$100,001 - $250.000 P2 =$5,000.001 - $25.000.000 T =Cash Markct

E =$15.0~| -$50,000

FINANCIAL DISCLOSURE REPORT Page 6 of 10

Name of Person Reporling HOLLAND, H. Russel

Date of Report 06/10/201 I

VII. INVESTMENTS and TRUSTS - inco,.e, ,,olue, transactions (Includes those of spouse and dependent children; seepp. 34-60 of filing instructions.)
NONE (No reportable income, assets, or transactions.)
Description of Assets (including mast assets)
Place "(X)" after each asset

Income during reporting period (t) (2)

Amount Type (e.g.,

Gross value at end of reporting period (I) (2)

Value Value

Transactions during reporting period

(2) (3) (4) Value ! Gain Date mm/dd/yy Code 2 Code I (J-p) i (A-H) ~ (5) Identity of buyer/setler (ifprivate transaction)

exempl from prior disclosure

Code I (A-H)

div., rent, or int.)

Code 2
(J-P)

Method
Code 3 (Q-W)

Type (e.g., buy, sell, redemption)

35.

-Johnson & Johnson

B A A A A A A A B A A

Dividend Dividend Dividend Dividend Dividend Dividend Dividend Dividend Interest Dividend Dividend None None None

Buy (addl)

07/29/10

36. -Microsoft. Corp. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. --McKesson Corp. --3M Company -Monsanto Co. -Novartis AG ADR -Proctor & Gamble -Proctor & Gamble --Eaton Vance / Muni. Bond --Exelon Corp. --ExelonCorp. --Green Haven Comodity --Spider Gold (GLD) --United States Oil (Oil) --Unit Van Kampen, Cohen; Steers Con. Call Income --Market Vectors Goldminers (GDX)

K K K J

T T T T Buy (addl) Buy (addl) Sold 07/23/10 07/23/10 05/06/10 11/12/10 09/21/10 05/01/10 11/12/10 01/20/10 01/19/10 01/13/10 12/20/10 04/20/10 07/29/10
J J K K K

A see Note, Part Vlll C A see Note, Part Vlll

Buy Sold Sold

J J J K K J J K

J J K K ,I J K T T T T T T

Buy Buy Buy Buy Buy Buy Buy

Dividend None

51. --Aquila Tax Free Oregon Bond

Interest

I. Income Gain Codes: (See Colunms BI and 15)4) 2. Value Codes (see Columns CI and D3) 3. Value Method Codes (See Column C2)

A =$1,000 or less F =$50,001 - $100.000 J =$15,000 or less N =$250.001 - $500,000 P3 =$25,000,001 - $50.000.000 Q :Appraisal U =Book Value

B =$1,001 - $2,500 G =$100.001 - $1,000.000 K =$15.001 - $50,000 O =$500,001 - $1,000.000 R -Cost (Real Estate Only) V =Other

C =$2,501 - $5,000 HI =$1.000.001 - $5.000.000 L -$50,001 - $100.000 PI =$1.000.001 - $5.000.000 P4 =More than $50.000.000 S :Asses~.menl W =Estimated

D =$5.001 - $15.000 H2 =More than $5.000.000 M =$100,001 - $250,000 P2 =$5.000.001 - $25,000.000 T -Ca.h Markcl

E :$ I 5.001 - SSO.O00

FINANCIAL DISCLOSURE REPORT Page 7 of 10

~ame of Person Reporting HOLLAND, H. Russel

Date of Report 06/10/201 I

VII. INVESTMENTS and TRUSTS - income, ,,atue, transactions (Includes those of spouse and dependent children; see pp. 34-60 of filing instructions.)
NONE (No reportable income, assets, or transactions.)
Description of Assets (including trust assets)
Place "(X)" after each asset exempt from prior disclosure

Income during reporting period 0)

Amount Code I (A-H)

Gross value at end

Transactions during reporting period

(2)
Type (e.g., div., rent, or int.)

of reporting period O) (2)

Value Code 2 Value Method

(J-P)

Code 3 (Q-W) T T T T

Type (e.g., buy, sell, redemption)

(2) Date mm/dd/yy

(3) (4) Value Gain Code 2 Code I (J-P) (A-H)

Identity of buyer/seller (if private ~ansaction)

52.

-Maxim Integrated Products

A A A A

Dividend Dividend Dividend Interest

J K J J

Buy Buy

IM/15/10 01/27/10

J J

53. -Gablli Div. & Income 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. Comcast Corp. One Point, f/k/a Portland Teachers Cr.Union - savings Columbia Convertible Sec., f/k/a Nations Convertible (Y) Met Life - whole life Met Life- whole life Americo Financial Life- whole life American General - whole life American General- whole life Canada Life - whole life MONY-whole life Massachusetts Mutual - flexible retirement annuity 65. 66. 67. 68. Wells Fargo & Co. Nationwide Annuity [formerly AIG Annuity] ML Personal Advisor* (formerly BofA Managed Portfolio) ML Personal Advisor Multi-Asset Sector ETF Portfolio

see Note, Part VIII Interest A A A A A A D A C A B Interest Interest Interest Interest Interest Interest Dividend Dividend Dividend Dividend Dividend T J J L K K J J L J M T T T T T T T T T T Sold Buy 02/26/10 03/05/10 L L A see Note, Part VIII

I. Income Gain Codes: ( See Columns B I and D4 ) 2. Value Codes (See Columns C I and D3) 3. Value Method Codes (See Column C2)

A =$1,000 or less F =$50.001 - $ 100.0~ J -$15,000 or less N =$250.001 - $500,000 P3 =$25,000,001 - $50.000.000 Q =Appraisal U =Book Value

B =$1,001 - $2,500 G =$100.001 - S 1,000.009 K $15,001 - $50,D00 O =$500,091 - $1,00O.000 R =Cost (Real Eslale Only) V =O~hcr

C =$2,501 - $5,000 H I =$1.00~.001 - $5,000,0(~ L =$50,001 - $100,000 PI =$1.000,001 - $5,090,000 P4 =More than $50.000.000 S =Asscssmcnl W =Estimated

D =$5,001 - $15,000 H2 =More than $5.000.000 M =$100,001 - $250,000 P2 =$5,0~.0~1 - $25.090,000 T =Cash Market

E =$15.001 - $50,000

FINANCIAL DISCLOSURE REPORT Page 8 of 10

Name of Person Reporting HOLLAND, H. Russel

Dale of Report 06/10/2011

VII. INVESTMENTS and TRUSTS - income, value, transactions (Includes those of spouse and dependent children; see pp. 34-60 of filing instructions.)
NONE (No reportable income, assets, or transactions.)
Description of Assets (including trust assets) Place "(X)" after ~ch asset exempt from prior disclosure Income during reporting period (0 (2) Amount Type (e.g., Code I div., rent, (A-H) or int.) Gross value at end of reporting period O) Value Code 2 (J-P) (2) Value Method Code 3 (Q-W) Type (e.g., buy, sell, redemption) Transactions during reporting period (2) Date mm/dd/yy (3) (4) Value Gain Code 2 Code I (J-P) (A-H)

(5)
Identity of buyer/seller (if private transaction)

69.

Alaska Communications Systems

Dividend None

J J K J M J K J J K

T T

70. General Communications 71. 72. 73. 74. 75. 76. 77. 78. First National Bank Alaska Verigy Bank of America- Franklin Oregon Tax Free MSDW Ishares Canadalndex PIMCO All Asset / All Authority Blackrock Global Allocation (IRA account) Columbia Cash Reserves Daily (IRA account) Northrim Bank (CDs) D A B A A A B

Dividend None Interest Dividend Dividend Dividend Interest Interest

T T T

T T T T Buy 03/16/10 K Northrim Bank

I. Income Gain Cedes: ( See Columns 131 and D4 ) 2. Value Codc~ (See Columns CI and D3) 3. Value Method Codes {See Column C2)

A =$1,00~ or less F = $50.1X11 - $ I 0O.000 J $15.0~) or less N =$250.001 - $500,000 P3 $25.000.001-$50.000,000 Q =Appraisal U =Book Value

B -$1,001 - $2,500 G =$ 100.001 - $ 1,0~0.0~0 K -$15.001 - $50.000 O =$500,001 - $1,000,000 R =Cosl (Real Estate Only) V Other

C =$2.501 - $5,000 H I =$ 1,000,001 - $5.0~0.0~0 L =$50,001 - $ 100,000 PI =$1,000,001 - $5,000,000 P4 = More than $50,000,000 S =Asscssmenl W =Eslimated

D =$5.001 - $15,000 H2 = More than M =$ 100,001 - $250.000 P2 =$5,000,001 - $25,000.000 T =Cash Market

E =$15,001 - $50,000

FINANCIAL DISCLOSURE REPORT Page 9 of 10

Name of Person Reporting HOLLAND, H. Russel

Date of Report 06/10/201 I

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS.

Part VII, In. 8: This cash account was closed and rolled into the Merrill Lynch account listed at In. 13. Part VII, In. 13: There has been no actual transfer; name change to Merrill Lynch. Part VII, In. 24: TRUST # I : New items that have been ADDED to the trust: Ins. 46 - 53, inclusive. Part Vll, In. 28: Full name: Gabelli Global Gold & Natural Reserves; value code ofaddl shares bought during year is J; gross value ofaccount (including addl shares) is K. Part VII, In. 33: Reference In. 33 and the preceding entry on In. 32: item sold and repurchased within calendar year. Part VII, ln. 42: Reference In. 42 and the preceding entry on In. 41 : item sold and repurchased within calendar year. Part VII, In. 45: Reference In. 45 and the preceding entry on ln. 44: item sold and repurchased within calendar year. Part VII, ln. 56: Sold in 2009; overlooked in prior years report: Sold 09/04/2009; Value Code at sale "K"; Gain Code at sale "A".. Part VII, In. 67: New name for account: ML Personal Advisor/Mutual Fund Advisor (formerly Bank of America Managed Portfolio).

FINANCIAL DISCLOSURE REPORT Page 10 of 10 IX. CERTIFICATION.

Name of Person Reporting HOLLAND, H. Russel

Date of Report 0611012011

1 certify that all information given above (including information pertaining to my spouse and minor or dependent children, if any) is accurate, true, and complete to the best of my knowledge and belief, and that any information not reported was withheld because it met applicable statutory provisions permitting non-disclosure. 1 further certify that earned income from outside emplo)anent and honoraria and the acceptance of gifts which have been reported are in compliance with the provisions of 5 U.S.C. app. 501 et. seq, 5 U.S.C. 7353, and Judicial Conference regulations.

Signature: S/H. Russel HOLLAND

NOTE: ANY INDIVIDUAL WHO KNOWINGLY AND WILFULLY FALSIFIES OR FAILS TO FILE THIS REPORT MAY BE SUBJECT TO CIVIL AND CRIMINAL SANCTIONS (5 U.S.C. app. 104)

Committee on Financial Disclosure Administrative Office of the United States Courts Suite 2-301 One Columbus Circle, N.E. Washington, D.C. 20544

AO 10 Rev. 1/2011

FINANCIAL DISCLOSURE REPORT FOR CALENDAR YEAR 2010

2. Court or Organization District of Alaska
5a. Report T)~e (check appropriate type) Nomination, ] [] Initial Date [] Annual [] Final

Report Required by the Ethics in Government Act of 1978 (5 U.S.C. app..sck" I01-111)

I. Person Reporting (last name, first, middle initial) HOLLAND, H. Russel 4. Title (Article Ill judges indicate active or senior status; magistrate judges indicate full- or part-time)

3. Date of Report 09/20/2011

6. Reporting Period OI/OI/2010 Io 12/31/2010

District Judge (Senior)

5b. [] Amended Report 7. Chambers or Office Address Untied States District Court 222 West 7th Avenue - Unit 54 Anchorage, Alaska 99513 8. On the basis of the information contained in this Report and any modificafions pertaining thereto, it is, in my opinion, in compliance with applicable laws and regulations. Reviewing Officer Date

IMPORTANT NOTES: The instructions accompanying this form must be followed Complete all parts,
checking the NONE box for each part where you have no reportable information. Sign on last page.

I. POSITIONS. cR.po,~ing i.divid.al only; so, ~,p. 9-I3 of filing instructions.)

~] NONE (No reportable positions.) POSITION NAME OF ORGANIZATION/ENTITY

2. 3. 4. 5.

II. AGREEMENTS. (gepo.i.g individual only; see pp. 14-16 of fillng instructions.)
[~] NONE (No reportable agreements.)

DATE

PARTIES AND TERMS

Holland, H. Russel A

FINANCIAL DISCLOSURE REPORT Page 2 of I0

Name of Person Reporting HOLLAND, H. Russel

Date of Report 09/20/2011

III. NON-INVESTMENT INCOME. (Reporting individual and spouse; see pp. 17-24 of filing instructions.)
A. Fliers Non-lnvestment Income ~] NONE (No reportable non-investment income.) DATE SOURCE AND TYPE INCOME (yours, not spouses)

2. 3. 4.

B. Spouses Non-Investment Income - if you were married during an.v portion of the reportlng year, complete this section.
(Dollar amount not required except for honoraria.)

[~]

NONE (No reportable non-investment income.) DATE SOURCE AND TYPE

I. 2. 3. 4.

IV. REIMBURSEMENTS -transportation, lodging, food, entertai ....

(Includes those to spouse and dependent children," see pp. 25-27 of filing instructions.)

t.

~]

NONE(No reportable reimbursements.) SOURCE DATES LOCATION PURPOSE

ITEMS PAID OR PROVIDED

2. 3.
4.

5.

FINANCIAL DISCLOSURE REPORT Page 3 of 10

Name of Person Reporting HOLLAND, H. Ru~sel

Dale of Report 09/20/201 I

V. GI FTS. ancludes ,hose ,o spouse and dependent children; see pp. 28-31 of filing instructions-)
NONE (No reportable gifts.)
SOURCE
I. 2. 3. 4.

DESCRIPTION

VALUE

5.

VI. LIABILITIES. anclades those olspouse and dependent children; see pp. 32-33 of fillng instructions.)
NONE (No reportable liabilities.)
CREDITOR
I. 2. 3. 4. 5.

DESCRIPTION

VALUECODE

FINANCIAL DISCLOSURE REPORT Page 4 of 10

Name of Person Reporting HOLLAND, H. Russel

Date of Report 09/20/201 I

VI I. INVESTM ENTS and TRUSTS - income, ,hi.e, transactions (Includes ,hose of spouse and dependent children; seepp. 34-60 of filing instruc,ions.)
NONE (No reportable income, assets, or transactions.)
Description of Assets (including trust assets) Place "(X)" after each asset exempt from prior disclosure Income during reporting period (I) (2) Amount Typ~ (e.g., Code I div., rent, (A-H) or int.) Gross value at end of reporting period Transactions during reporting period

(i)
Value Code 2 (J-P)

(2)
Value Method Code 3 (Q-W)

(1)
Type (e.g., buy, sell, redemption)

(2) (3) Date Value mm/dd!yy Code2 (J-P)

(4) Gain Code 1 (A-H)

(5)
Identity of buyer/seller (if private transaction)

1. 2.
3. 4. 5. 6. 7.

CMS Energy Nordstrom, Inc.

Rowan Companies MS Liquid Asset Fund (formerly MSDW (Individual Liquid....) Talkeetna, Alaska, Lot Chitina, Alaska, Lot First National Bank Alaska

A A A A

Dividend Dividend Dividend Dividend None None

J L J K L J L J J J K K J J L J J

T T T T W W T T T T T T T T T T T see Note, Part VIII Open 08/15/10 see Note, Part VIII

A A A A A A A A C A A

Interest Interest Interest Dividend Dividend Interest Dividend Dividend Dividend Dividend Dividend

8. 9. I 0. I I. 12. 13. 14. 15. 16. 17.

Bank of America - Cash Reserves Daily -SEE ALSO LINE #79 Bank of America / Portland, Oregon Pepsico Franklin Value Mark 11 Variable Annuity First National Bank Alaska / Savings Merrill Lynch (formerly B of A Investment Cash AJC) Yum Brands (formerly Tri-Global Restaurant) Franklin Income Fund Cisco Systems, Inc. Pfizer

I. Income Gain Codes: (See Columns B I and 2. Value Codes (See Columns C I and D3) 3. Value Mclhod Codc~ |see Column C2)

A :$ 1.000 or less F :$50,0~1 - $100.000 J - $15.0~0 or less N :$250.001 - $500,00~ P3 =$25.000,0~1 - $50.0{)0.000 Q =Appraisal U =Book Value

B -$1,001 - 52,500 G-$100,001 - $1,000.000 K -$15,001 - $50.000 O =$500,001 - $ I R =Cost tRca] Estatc Only) V =Other

C =$2,501 - $5,000 H I =$1.000,001 - $5.0~,000 L $50.0OI - $100.000 P I =$ 1.00~.001 - $ 5.000.0~O P4 =More than $50.0~.000 S =As~s:,mcnl W =Estimated

D.=$5,001 - $15,000 112 =More than $5,000.00~ M =$100.001 - $250,000 P2 -$5.000.001 - $25,000,000 T Cash Market

E =$15.001 - $50.000

FINANCIAL DISCLOSURE REPORT Page 5 of 10

Name of Person Reporting HOLLAND, H. Russel

Date of Report 09/20/2011

VII. INVESTMENTS and TRU STS -income, ,alue, transactions (Includes those of spouse and dependent children; see pp. 34-60 of filing instructions.)
NONE (No reportable income, assets, or transactions.)
Description of Assets (including trust assets) Place "(X)" after each asset exempt from prior disclosure Income during reporting period O) Amount Code I (A-H) (2) Type (e.g., div., rent, or int.) Gross value at end of reporting period (t) (2) Value Value Code 2 Method
(J-P) Code 3

Transactions during reporting period O) Type (e.g., buy, sell, redemption)

(2) (3) (4) Date Value Gain mm/dd/yy Code 2 Code I (J-P) (A-H) (5) Identity of buyer/seller (if private transaction)

(Q-W) 18. Hewlett Packard A

A

Dividend
Dividend

J
J

T
T

19. Boeing Co.

20. Northrim Bank 21. 22. 23. 24. 25. 26. 27. 28. 29. Agilent Technologies Caterpillar, Inc. MetLife Trust #1 [Lines 25 through 53, inclusive]: --MS Bank (formerly MSDW Active Assets Money Trust) --Caterpillar Finance Service (bond) ****QCO --Caterpillar Finance Service (bond) ****LC2 --Gabelli Global Gold Reserves (formerly Gabelli Global) --Westem Bank Puerto Rico CD

A A A A

Dividend Dividend Dividend Dividend

K J K J

T T T
see Note, Part VIII

B A A C A A A

Interest Interest Interest Dividend Interest Interest Dividend None None

T Matured T T Buy (addl) Matured Matured 05/18/10 02/08/10 02/08/10 J J J A A see Note, Part VllI i 1/15/10 J A

30. --New South Federal Savings Bank CD 31. --CocaCola Co. 32. 33. 34. --Google, Inc. --Google, Inc. --lntel Corp.

K Sold K J T T Buy 01/22/10 03/26/10 K K E see Note, Part VIII

Dividend

I. Income Gain Codes: (See Columns BI and D4) 2. Value Codes (See Columns CI and D3) 3. Value Method Codes (See Column C2)

A =$I,000 or less F=$50,001 - $10O,00~ J=$15.0~ or less N =$250,001 - $500,000 P3 =$25.00~,0~1 - $50.00~,000 Q =Appraisal U =Book Value

B =$1,001 - $2,500 G -$100,001 - $1,000.0~O K -$15.0~1 - $50.000 0 -$500,001 - $1,0~0,0~0 R =Cost (Real Estate Only) V -Other

C =$2,501 - $5,000 H I =$1,00~,001 - $5 L :$50,001 - $100,000 Pl :$1,009.001 - $5,000,000 P4 =More than $50,0~1,0~0 S =Assessmcnl W =Estimated

D = $5,001 - $15,000 H2 =More than $5,000,000 M -$100,001 - $250,000 P2 =S5,000,001 - $25,000,000 T =Cash Market

E =$15,001- $50,090

FINANCIAL DISCLOSURE REPORT Page 6 of 10

Name of Person Reporting HOLLAND, H. Russel

Date of Report 09/20/2011

VII. INVESTMENTS and TRUSTS - income, value, transactions (Includes those of spouse and dependent children; seepp. 34-60 of filing instruction~.)
NONE (No reportable income, assets, or transactions.)
Description of Assets (including trust assets) Place "(X)" after each asset exempt from prior disclosure Income during reporting period 0) (2) Amount Type (e.g., Code I div., rent, (A-H) or int.) Gross value at end of reporting period (t) (2) Value Value Code 2 Method
(J-P) Code 3

Transactions during reporting period (i) Type (e.g., buy, sell, redemption)
(2) (3) (4) Date Value [ Gain mm/dd/yy Code 2 I Code I (J-P) (A-H) I (5) Identity of buyer/seller (ifprivate transaction)

35.

-Johnson & Johnson

B A

Dividend Dividend

K J K K K J

T T T T T T

Buy (addl)

07/29/10

36. -Microsoft Corp.

37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50.

--McKesson Corp. -3M Company --Monsanto Co. --Novartis AG ADR --Proctor & Gamble --Proctor & Gamble --Eaton Vance / Muni. Bond --Exelon Corp. --Exelon Corp. --Green Haven Comodity --Spider Gold (GLD) --United StatesOil (Oil) --Unit Van Kampen, Cohen; Steers Con. Call Income --Market Vectors Goldminers (GDX)

A A A A A A B A A

Dividend Dividend Dividend Dividend Dividend Dividend Interest Dividend Dividend None None None

Buy (addl) Buy (addl) Sold

07/23/10 07/23/10 05/06/10 11/12/10 09/21/10 05/01/10 11/12/10 01/20/10 01/19/10 01/13/10 12/20/10 04/20/10 07/29/10

J J K K K J J J K K J J K C A see Note, Part VIII A see Note, Part VIII

Buy Sold Sold

J J K K J J K T T T T T T

Buy Buy Buy Buy Buy Buy Buy

Dividend None

51. --Aquila Tax Free Oregon Bond

Interest

I. Income Gain Codes: (See Columns B I and D~) 2. Value Codes (See Columns CI and D3) 3. Value Method Codc~ (Sec Column C2)

A =$1,000 or less F =550,001 - $100.000 J =$15,0~0 or less N =$250.001 - $500,00~ P3 $25.009.001-$50,000.000 Q =Appraisal U =Book Value

B =$1,001 - $2,500 G =$100.001 - $1,000,000 K =$15,001 - 550.0~0 O =$500,001 - $1,000,000 R =Cost (Real Estal Only) V Other

C =52,501 - 55.000 H 1 =$1,000,~01 - $5.000.000 L =$50,001 - $100,000 PI =$1.000.001 - $5,000,000 p4 = More than $50.000,000 S =Assessment W =E:,limatcd

D =$5,001 - 515,000 H2 =More than $5.000.000 M $100,0~1 - $250.000 P2 =$5,000,001 - $25,000.000 T =Cash Market

E =515.0~1 - 550.000

FINANCIAL DISCLOSURE REPORT Page 7 of 10

Name of Person Reporting HOLLAND, H. Russel

Date of Report 09/20/2011

VII. INVESTMENTS and TRUSTS - income, value, transactions (Includes those of spouse and dependent children; see pp. 34-60 of filing instructions.)
NONE (No reportable income, assets, or transactions.)
A. Description of Assets (including trust assets) Place "(X)" after each asset exempl from prior disclosure B. Income during ~poning period (I) Amount Code I (A-H) (2) Type (e.g., div., renl, orint.) C. Gross value at end of reporting period (1) Value Code 2 (J-P) (2) Value Method Code 3 (Q-W} (I) Type (e.g., buy, sell, redemption) D. Transactions during reporting period (2) (3) (4) Date Value mm/dd/yy Code 2 (J-P) (5) Identity of buyer/seller (ifprivate transaction)

Gain Code I !. (A-H) i

52.
53.

--Maxim Integrated Products

--Gabelli Div. & Income

A
A

Dividend
Dividend

J
K

T
T

Buy
Buy

04/15/10
01/27/10

J
J

54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68.

Comcast Corp.

Dividend Interest

J J

T T see Note, Part VIII

One Point, f/k/a Portland Teachers Cr.Union - savings A/C Columbia Convertible See., f/k/a Nations Convertible (Y)
Met Life - whole life Met Life - whole life Americo Financial Life- whole life American General - whole life American General - whole life Canada Life - whole life MONY- whole life Massachusetts Mutual - flexible retirement annuity Wells Fargo & Co. Nationwide Annuity [formerly AIG Annuity] ML Personal Advisor* (formerly BofA Managed Portfolio) ML Personal Advisor Multi-Asset Sector ETF Portfolio A A A A A A A D A C A B

Interest Interest Interest Interest Interest Interest Interest Dividend Dividend Dividend Dividend Dividend

J J L K K .I J L J M

T T T T T T T T T T Sold 02/26/10 03/05/10 L L A see Note, Pan Vlll

Buy

I. Income Gain Codes: ( See Columns B I and D4) 2. Value Codes (See Columns C I and D3) 3. Value Method Codes (See Column C2)

A =$1,000 or less F =$50.001 - $ 100,000 J =$15,0~0 or less N =$250.001 - $509,000 P3 =$25,000,001 - $50.000,000 Q =Appraisal U =Book Value

B =$1,001 - $2,500 G =$ 100,0~ I - $ 1,0~.000 K =$15,001 - $50,000 O -$500,001 - $1,000,000 R =Cost (Real Estate Only) V =Other

C =$2,501 - $5,000 H I -$ 1,0~.001 - $5.00~.0~O L =$50,001 - $100.0OO P I =$1,000.001 - $5,0(~.000 P4 -More Ihan $50.000.0~ S =Assessment W =Estimated

D =$5.0~1 - $15,00~ [12 =More than $ 5.090.000 M =$100.0~1 - $250,000 P2 =$5.1)00.0(11 - $25.000.000 T =Cash Market

E =$15.0~1 -

FINANCIAL DISCLOSURE REPORT Page 8 of !0

Name of Person Reporting HOLLAND, H. Russel

Date of Report 09/20/201 I

VII. INVESTMENTS and TRUSTS - income, value, transactions (Includes those of spouse and dependent children; see pp. 34-60 of filing instructions.)
NONE (No reportable income, assets, or transactions.)
Description of Assets Income during Gross value at end of reporting period

Transactions during reporting period O)

Type (e.g., buy, sell, redemption)

(including In, st assets)

Place "(X)" after each asset exempt from prior disclosure

reporting period
(i) (2) Amount Type (e.g., Code I div., rent, (A-H) or int.)

O)
Value Code 2 (J-P)

(2)
Value Method Code 3 (Q-W)

(2) Date mm/dd/yy

(3) (4) Value Gain Code2 Code I (J-P) (A-H)

Identity of buyer/seller (if private transaction)

69. 70. 71. 72. 73. 74. 75. 76. 77. 78. 79.

Alaska Communications Systems General Communications First National Bank Alaska Verigy Bank of America- Franklin Oregon Tax Free MSDW Ishares Canada Index PIMCO All Asset / All Authoriq Blackrock Global Allocation (IRA account) Columbia Cash Reserves Daily (IRA account) Northdm Bank (CDs) MS Trust Bank -- SEE ALSO LINE #8

Dividend None

J J K J M J K J J K

T T T T T T T T T T Buy Closed 03/I 6110 08115/10

Dividend None

D A B A A A A

lnlerest Dividend Dividend Dividend Interest Interest Interest

K J

Northrim Bank A see Note, Part VIII

I. Income Gain Codes: (See Columns BI and D4) 2. Value Codes ( See Columns C I and D3) 3. Value Method Codes (see Column C2)

A -$1,000 or less F =$50.001 - $ 100.000 J =$15.0OO or less N =$250.001 - $500,000 P3 =$25,000.001 - $50.000.000 Q ~Appraisal U =Book Value

B =$1.001 - $2,500 G =$100.001 - $1.0~O.000 K =$15,001 - $50.0~O O =$500.001 - $ 1.000.0OO R =Cost (Real Estate Only} V =Other

C =$2.501 - $5,000 H I =$1.000.001 - $5.~0.000 L $50.001 - $100.000 P I =$ 1.000.001 - $5.000.000 P4 -More Ihan $50,000.000 S =Assessment W =EslimalCd

D =$5.0OI - $15,000 H2 =More than $5.000.000 M $100,001 - $250.000 P2 =$5,000.001 - $25,000,000 T =Cash Market

E -$15.001 - $50.000

FINANCIAL DISCLOSURE REPORT Page 9 of 10

Name of Person Reporting HOLLAND, H. Russel

Date of Report

09/20/2011

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS.

Part VII, In. 8: AMENDMENT -ANDPart VII, In. 79: AMENDMENT Because I misunderstood the information that was provided to me with respect to line 8 of Part VII ofboth the 2009 and 2010 reporting years, I failed to properly close out the account reflected at line 8 in the 2009 report. As reflected in the amended report at lines 8 and 79, what has happened here is that the "MS Trust Bank" account was closed and the "Bank of America Cash Reserves Daily" account was opened by a transfer of funds from one account to the other account and at different banks. Part VII, In. 13: There has been no actual transfer; name change to Merrill Lynch. Part VII, In. 24: TRUST #1: New items that have been ADDED to the trust: Ins. 46 - 53, inclusive. Part VII, In. 28: Full name: Gabelli Global Gold & Natural Reserves; value code ofaddl shares bought during year is J; gross value ofaccount (including addl shares) is K. Part VII, In. 33: Reference In. 33 and the preceding entry on In. 32: item sold and repurchased within calendar year. Part VII, In. 42: Reference In. 42 and the preceding entry on In. 41 : item sold and repurchased within calendar year. Part VII, In. 45: Reference In. 45 and the preceding entry on In. 44: item sold and repurchased within calendar year. Part VII, In. 56: Sold in 2009; overlooked in prior years report: Sold 09/04/2009; Value Code at sale "K"; Gain Code at sale "A". Part VII, In. 67: New name for account: ML Personal Advisor/Mutual Fund Advisor (formerly Bank of America Managed Portfolio).

FINANCIAL DISCLOSURE REPORT Page I 0 of 10

IX. CERTIFICATION.

Name of Person Reporting HOLLAND, H. Russel

Date of Report 09/20/2011

I certify that all information given above (including information pertaining to my spouse and minor or dependent children, if any) is accurate, true, and complete to the best of my knowledge and belief, and that any information not reported was ~thheld because it met applicable statutory provisions permitting non-disclosure.
I further certify that earned income from outside employment and honoraria and the acceptance of gifts which have been reported are in compliance with the provisions of 5 U.S.C. app. 501 et. seq, 5 U.S.C. 7353, and Judicial Conference regulations.

Signature: S/H. Russel HOLLAND

NOTE: ANY INDIVIDUAL WHO KNOWINGLY AND WILFULLY FALSIFIES OR FAILS TO FILE THIS REPORT MAY BE SUBJECT TO CIVIL AND CRIMINAL SANCTIONS (5 U.S.C. app. 104)

Committee on Financial Disclosure Administrative Office of the United States Courts Suite 2-301 One Columbus Circle, N.E. Washington, D.C. 20544