AO 10 Rev.

1/2011

FINANCIAL DISCLOSURE REPORT FOR CALENDAR YEAR 2010

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

Report Required by the Ethics in Government Act of 1978 (5 U.S.C. app. 101-111)

I. Person Reporting (last name, first, middle initial) Flanagan, Louise W. 4. Title (Article III judges indicate active or senior status; magistrate judges indicate full- or part-time)

3. Date of Report 05/15/2011 6. Reporting Period 01/01/2010 to 12/31/2010

US District Judge

5b. [] Amended Report 7. Chambers or Office Addrt~s 8. On the basis of the information contained in this Report and any modifications pertaining thereto, it is, in my opinion, in compliance v, ith applicable laws and regulations. Reviewing Officer Date

US Courthouse 413 Middle Street New Bern, NC 28560

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. ~Rcponin~ indiviauut onty; see pe. 9-13 of filing instructions.)

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

2. 3. 4. 5.

II. AGREEMENTS. mc, o~ing indiviauot ontr; sce ~,. 14-16 of filing instructions.)
NONE (No reportable agreements.) DATE
1. 2. 3.

PARTIES AND TERMS

Flana_qan, Louise W.

"FINANCIAL DISCLOSURE REPORT Page 2 of 8

Name of Person Reporting Flanagan, Louise W.

Date of Report 05/15/201 I

III. NON-INVESTMENT INCOME. ~Repo.i.g individual and spouse; seepp. 17-24 of filing instructions.).
A. Filers Non-Investment Income

~]

NONE (No reportable non-investment income.)

DATE

SOURCE AND TYPE

INCOME
(yours, not spouses)

2.
3.

4.

B. Spouses Non-I nvestment 1 ncome - tf you 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 SOURCE AND TYPE

Sel f-employed as an attorney

1.2010 2. 3. 4.

IV. REIMBURSEMENTS - transportation, Iodglng, food, entertainment.

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

NONE (No reportable reimbursements.)

SOURCE DATES LOCATION PURPOSE ITEMS PAID OR PROVIDED

2. 3. 4. 5.

FINANCIAL DISCLOSURE REPORT Page 3 of 8

Name of Person Reporting Flanagan, Louise W.

Date of Report 05/15/2011

V. GIFTS. (includes those to spouse and dependent children; see pp. 2S-31 of filing instructions.)

~
I. 2. 3. 4. 5.

NONE (No reportable gifts.)

SOURCE DESCRIPTION

VALUE

VI. LIABILITIES. ancludes those of spouse and dependent children; seepp. 32-33 of fillng instruction~)
NONE (No reportable liabilities.) CRED1TOR
I. 2.

DESCRIPTION

VALUECODE

3.
4. 5.

FINANCIAL DISCLOSURE REPORT Page 4 of 8

Name of Person Reporting Flanagan, Louise W.

Date of Report 05/15/201 I

VII. INVESTMENTS and TRUSTS - income, value, 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 trust assets) Place "(x)" after each asset
exempt from prior disclosure

Income during reporting period (1) (2) Amount Type (e.g.,

Code I die., rent,

Gross value at end of reporting period 0) value Code 2

(J-P)

Transactions during reporting period 0) Type (e.g.,

buy, sell,

(2) Value Method

Code 3 (Q-W)

(2) Date mtrddd/yy

(A-H)

or int.)

redemption)

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

Identity of buyer/seller (if private transaction)

I. 2. 3. 4. 5. 6. 7.

Deposits at First Citizens Bank Deposits at Wachovla Legg Mason American Leading Co Legg Mason Value Trust Legg Mason Special Invest Trust Legg Mason Cash Reserve Trust Mass Investors Growth

A A A A A A

Interest Interest Dividend Dividend Dividend Dividend None J K J

T Closed T T T Redeemed T
M N L M

01/31/10

12/20/I 0

8. 9.

American Funds Europacific A American Funds Growth A

D

None None Rent None

None None None None None None

T T U T Sold 10/15/10 L E

I 0. Noucoux UN, LLC (Real estate in New Bern & Greenville NC) 11. Columbia Acorn
12. 13. 14. 15. VanCampen Common Stock A Perkins Mid Cap Value A DWS Drehman SC Calamos Growth A

J M

T T Sold 10115110 L 06/01/10 M E E

16. MET GIC 17. Calamos Cony & High Income

PI J

T T

Sold (part)

I. Income Gain Codes: (See Columns BI and D4) 2. Value Codes (See Columns CI and D3) 3. Value Method Codes (Scc 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 - $1.0~0.0~0 K =$15.001 - $50,000 O -$500.001 - $ 1,0OO.009 r =Co,t (Real Estate Only) V -Other

C =$2,501 - $5,000 H I =$ 1,000,001 - $5.000.0~) L $50.001 - $100,000 PI =$1,00~.001 - $5,000,000 P4 -More than S =Assessmenl W =Estimated

D =$5,001 - $15,000 H2 =More than $5,000.000 M =$100,0~1 - $250.000 P2 =$5,000,001 - $25.000.000 T =Cash Market

E =$15,001 - $50,000

FINANCIAL DISCLOSURE REPORT Page 5 of 8

Name of Person Reporting Flanagan, Louise ~V.

Date of Report 05/15/201 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 (I) Amount Code I (A-H) (2) Type (.g., div., rent, or int.) C. Gross value at end of reporting period (1) (2) Value Value Code 2 Method (J-P) Code 3 (Q-W)
Transactions during reporting period

(i)
Tyl:~ (e.g., buy, sell, redemption)

(2) (3) (4) Date Value Gain mnddd!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. 30. 31. 32. 33. 34.

Davis Ne~v York Venture - A

Legg Mason Value Trust

None
None

M
J

Eaton Vance Large Cap Value - A Citi Bank, NA (South Dakota) Perkins Mid Cap Value I PIMCO To~al Return Admin

None None None None

M J M M

T T

Buy Buy

10/15/10 M 10/15/10 M

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

A =$1,000 or less F =S50.001 - $100.000 J =$15,000 or less N =$250.001 - $500,0~0 P3 -$25,000,001 - $50.000.000 Q -Apprai~l U -Book Value

B =$1.001 - $2,500 G =$100.001 - $1,000,0~ K -$15,001 - $50.000 O =$500.001 - $1,000,000 R -Cost (Real Estate Onlyl V =Other

C =$2,501 - $5,000 H 1 =$ 1,000.001 - $5.000.000 L =$50,001 - $100,000 PI =$1.000,001 - $5,000,009 P4 =More than $50.000,000 S =Assessment W =Eslimated

D =$5.001 - $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 6 of 8

Name of Person Reporting Flanagan, Louise W.

Date of Report 05/15/2011

VII. INVESTMENTS and TRUSTS - i,eo,ne, volue, transactions (Includes those of spouse and dependent children; seepp. 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 O) Amount Code I (A-H) (2) Type (e.g., div., rent, orint.) C. Gross value at end of reporting period (1) Value Code 2 (J-P) (2) Value Method Code 3 (Q-W) (0 Type (e.g., buy, sell, redemption) D. Transactions during reporting period (2) Date mrn!dd/yy O) i (4) Value I. Gain Code 2 i Code 1 (J-P) i (A-H) i (5) Identity of buyer/seller (ifprivate transaction)

35. 36. 37. 38. 39. 40. 41. 42.

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

A =$1,00O or Icss F =$50,001 - $100,0~ J -$15,000 or less N =$250.001 - $50~,0t~ P3 =$25,000,001 - $50.000.0~0 Q =Appraisal U =Book Value

B =$1,001 - $2,500 G =$100,001 - $1.0~O.0~O K =$15,001 - $50.000 O =$500,001 - $1,0~O.0~O R =Cost (Real Eslate Only) V =Other

C =$2,501 - $5,000 HI =$1.000,001 - $5,000.000 L $50.0~1 - $100,000 P I =$ |,00~.0~ I - $ 5,000.000 P4 =More than S =Assessment W =Estimated

D =$5,0~ I - $15,000 H2 =More than $5.000.00~ M =$100.001 - $250.000 P2 =$ 5.000.001 - $25.000.0~) T -Cash Markcl

E =$15.001 - $50.000

FINANCIAL DISCLOSURE REPORT Page 7 of 8

Name of Person Reporting Flanagan, Louise W.

Date of Report 05/15/2011

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS. (lndicate part of report.)

FINANCIAL DISCLOSURE REPORT Page 8 of 8 IX. CERTIFICATION.

Name of Person Reporting Flanagan, Louise W.

Date of Report 05/15/201 I

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 ~vithheld because it met applicable statutory provisions permitting non-disclosure. 1 further certify that earned income from outside employment and honoraria and the acceptance of gifts ~vhich have been reported are in compliance ~vith the provisions of 5 U.S.C. app. 501 et. seq., 5 U.S.C. 7353, and Judicial Conference regulations.

Signature: S/Louise W. Flanagan

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