SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT
(Mark One) | ||
ý |
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO-FEE REQUIRED] |
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For the fiscal year ended December 31, 2014 |
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OR |
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o |
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] |
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For the transition period from to |
Commission file number
CITY NATIONAL CORPORATION PROFIT SHARING PLAN
555 South Flower Street, Eighteenth Floor
Los Angeles, California 90071
(Full title of the plan and the address of the plan)
CITY NATIONAL CORPORATION
555 South Flower Street, Eighteenth Floor
Los Angeles, California 90071
(Name of issuer of the securities held pursuant to the plan
and the address of its principal executive office)
|
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Item 1. | Not Applicable | |
Item 2. |
Not Applicable |
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Item 3. |
Not Applicable |
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Item 4. |
In lieu of the requirements of Items 1-3 above, plan financial statements and schedules prepared in accordance with the financial reporting requirements of ERISA are attached as Exhibit 2. |
The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
City National Corporation Profit Sharing Plan | ||||
By: City National Bank, Trustee |
||||
Date: June 29, 2015 |
By: |
/s/ MICHAEL NUNNELEE Senior Vice President |
Exhibit No.
|
Exhibit | Page No. | |||||
---|---|---|---|---|---|---|---|
1. | Consent of KPMG LLP | 3. | |||||
2. |
Plan financial statements and schedules prepared in accordance with the financial reporting requirements of ERISA |
4. |
Consent of Independent Registered Public Accounting Firm
The
Board of Directors
City National Corporation:
We consent to the incorporation by reference in the registration statement (no. 33-56632) on Form S-8 of City National Corporation of our report dated June 29, 2015, with respect to the statements of net assets available for benefits of the City National Corporation Profit Sharing Plan as of December 31, 2014 and 2013, the related statements of changes in net assets available for benefits for the years then ended, and the supplemental Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) as of December 31, 2014, which report appears in the December 31, 2014 annual report on Form 11-K of the City National Corporation Profit Sharing Plan.
/s/ KPMG LLP
Los
Angeles, California
June 29, 2015
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Financial Statements and Supplemental Schedule
December 31, 2014 and 2013
(With Report of
Independent Registered Public Accounting Firm Thereon)
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Table of Contents
All other supplemental schedules omitted are not applicable or are not required based on disclosure requirements of the Employee Retirement Income Security Act of 1974 and regulations issued by the Department of Labor.
Report of Independent Registered Public Accounting Firm
The
Benefits Committee
City National Corporation Profit Sharing Plan:
We have audited the accompanying statements of net assets available for benefits of the City National Corporation Profit Sharing Plan (the Plan) as of December 31, 2014 and 2013, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2014 and 2013, and the changes in net assets available for benefits for the years then ended in conformity with U.S. generally accepted accounting principles.
The supplemental information in the accompanying schedule of Schedule H, Line 4iSchedule of Assets (Held at End of Year) as of December 31, 2014, has been subjected to audit procedures performed in conjunction with the audit of the Plan's 2014 financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but include supplemental information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information in the accompanying schedule of Schedule H Line 4iSchedule of Assets (Held at End of Year) as of December 31, 2014 is fairly stated in all material respects in relation to the 2014 financial statements as a whole.
/s/ KPMG LLP
Los
Angeles, California
June 29, 2015
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Statements of Net Assets Available for Benefits
December 31, 2014 and 2013
|
2014 | 2013 | |||||
---|---|---|---|---|---|---|---|
Assets: |
|||||||
Investments, at fair value: |
|||||||
Cash equivalents |
$ | 44,992,405 | 45,210,490 | ||||
Mutual funds |
473,395,445 | 436,859,228 | |||||
Common stock |
112,406,517 | 109,162,287 | |||||
Preferred stock |
183,925 | 137,057 | |||||
Corporate debt |
99,511 | 117,154 | |||||
Other assets |
148,468 | 443,805 | |||||
| | | | | | | |
Total investments |
631,226,271 | 591,930,021 | |||||
| | | | | | | |
Receivables: |
|||||||
Employer contribution |
15,864,741 | 14,428,682 | |||||
Notes receivable from participants |
13,245,492 | 12,962,130 | |||||
| | | | | | | |
Total receivables |
29,110,233 | 27,390,812 | |||||
Noninterest-bearing cash |
92,850 | 764,095 | |||||
| | | | | | | |
Total assets |
660,429,354 | 620,084,928 | |||||
| | | | | | | |
Liabilities: |
|||||||
Contributions received in advance |
193,638 | | |||||
| | | | | | | |
Total liabilities |
193,638 | | |||||
| | | | | | | |
Net assets available for benefits |
$ | 660,235,716 | 620,084,928 | ||||
| | | | | | | |
| | | | | | | |
| | | | | | | |
See accompanying notes to financial statements.
2
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Statements of Changes in Net Assets Available for Benefits
Years ended December 31, 2014 and 2013
|
2014 | 2013 | |||||
---|---|---|---|---|---|---|---|
Additions to net assets attributable to: |
|||||||
Investment income: |
|||||||
Interest |
$ | 530,158 | 540,698 | ||||
Dividends |
28,219,937 | 15,588,682 | |||||
Net appreciation in fair value of investments |
2,389,050 | 97,396,198 | |||||
| | | | | | | |
|
31,139,145 | 113,525,578 | |||||
Contributions: |
|||||||
Employer |
22,689,773 | 21,080,543 | |||||
Participants |
27,525,083 | 26,963,218 | |||||
| | | | | | | |
Total additions |
81,354,001 | 161,569,339 | |||||
| | | | | | | |
Deductions from net assets attributable to: |
|||||||
Benefits paid to participants |
40,824,508 | 23,984,083 | |||||
Administrative expenses |
378,705 | 335,617 | |||||
| | | | | | | |
Total deductions |
41,203,213 | 24,319,700 | |||||
| | | | | | | |
Net increase |
40,150,788 | 137,249,639 | |||||
Transfers to this plan |
|
15,287,017 |
|||||
| | | | | | | |
Net assets available for benefits: |
|||||||
Beginning of year |
620,084,928 | 467,548,272 | |||||
| | | | | | | |
End of year |
$ | 660,235,716 | 620,084,928 | ||||
| | | | | | | |
| | | | | | | |
| | | | | | | |
See accompanying notes to financial statements.
3
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements
December 31, 2014 and 2013
(1) Description of the Plan
The following description of the City National Corporation Profit Sharing Plan (the Plan) provides only general information. Participants should refer to the plan agreement for a complete description of the Plan's provisions.
(a) General
The Plan is a defined contribution plan which provides retirement benefits for eligible employees of City National Corporation and its subsidiaries (the Company or the Plan Sponsor) that have agreed to participate in the Plan. The Plan is administered by City National Corporation (the Sponsoring Employer) who acts by and through its administrative committee, the Benefits Committee. The Benefits Committee comprises officers of the Sponsoring Employer and City National Bank, a subsidiary of the Sponsoring Employer. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended.
The Department of Labor (DOL) is conducting an investigation of the Plan, which began during the year ended December 31, 2009 for plan years ended December 31, 2006 through December 31, 2011.
The DOL issued its findings by letter dated September 29, 2012 in which the DOL addressed the appearance of violations of ERISA, subject to the possibility that additional information may revise its views. By letter dated December 6, 2012, City National Corporation responded to the DOL. Representatives of the DOL and City National Corporation met on May 29, 2013. During the May 29, 2013 meeting, both the DOL and City National Corporation agreed to provide additional information and to continue discussions. Subsequent to that meeting, City National Corporation provided additional information to the DOL.
On April 24, 2015, the DOL filed a complaint against the Plan Sponsor and others in the U.S. District Court for the Central District of California Western Division. The DOL alleged the following causes of action: (1) disloyal, imprudent, and prohibited transactions between the Plan and plan service providers City National Bank and the Plan Sponsor, who were also Plan fiduciaries; (2) disloyal, imprudent and prohibited transactions between the Plan and City National Asset Management, a division of City National Bank; and City National Securities, a wholly owned subsidiary of City National Bank; and (3) co-fiduciary liability with alleged damages of approximately $4 million plus lost opportunity costs. The Plan Sponsor has received the summons and complaint and engaged counsel. No discovery has occurred and no trial date has been set. The Plan Sponsor intends to vigorously defend the lawsuit. The Plan Sponsor is responsible for the payment of any settlement amounts that may be incurred with respect to this matter. The impact on the Plan will be limited to gains that may be reported as a result of any settlement between the Plan Sponsor and the DOL. Such amounts cannot be determined at this time.
On September 1, 2014 the retirement services division of City National Bank was sold to OneAmerica Retirement Services LLC. With this change, OneAmerica Retirement Services LLC became the recordkeeper for the Plan. City National Bank remains the directed trustee for the Plan. As part of the sale of its retirement services business, City National Bank engaged Wilmington Trust Retirement and Institutional Services Company (Wilmington) to serve as the custodian for assets of the
4
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(1) Description of the Plan (Continued)
Plan. In April 2015, Broadridge Financial Solutions, Inc. (Broadridge) acquired the retirement custody business of Wilmington and combined the business with Broadridge's Matrix Financial Solutions (Matrix), which is doing business as Matrix Trust Company. Plan participants have established Individually Directed Brokerage Accounts (IDAs) at City National Securities. In conjunction with the transfer to custody to Matrix, the Plan Sponsor authorized City National Bank as Trustee to open IDA accounts at TD Ameritrade.
Employees of the Company who are entitled to paid vacation time and have completed one hour of service are eligible to participate in the Plan as of their hire date. Company profit sharing contributions to the Plan are discretionary and are equal to a percentage of employee eligible compensation based on the change in Net Profits (as defined by the Plan) over the prior year, subject to an overall maximum Company contribution of 8% of Consolidated Net Profits reduced by matching contributions made for such plan year (which are not made by forfeitures). For the years ended December 31, 2014 and 2013, a profit sharing contribution of 5.36% and 5.08%, respectively, of each participant's eligible compensation was made. Participants direct the investment of their contributions into various investment options offered by the Plan. Company contributions are invested at the participant's discretion in the same manner as the salary reduction contributions described below.
Participants can contribute, under a salary reduction agreement, up to 50% of their eligible compensation as defined, but not to exceed the dollar amount allowed by law, which was $17,500 for the years ended December 31, 2014 and 2013. The Company matches these employee deferrals up to a maximum amount of 50% of the first 6% of covered compensation contributed to the Plan each payroll period. Participants age 50 and over may make unmatched "catch-up" deferrals in accordance with Internal Revenue Code (IRC) regulations and limitations, not to exceed the dollar amount allowed by law, which was $5,500 for the years ended December 31, 2014 and 2013. Participants may also contribute amounts representing distributions (rollovers) from other tax-favored plans.
(b) Participant Accounts
Each participant account is credited with the participant's contributions, allocations of the Company's matching contribution and profit sharing contribution (if any), earnings or losses and administrative expenses as applicable. Earnings of the various funds are allocated to the participant balances according to the ratio that a participant's account balance or shares held in a given fund bears to the total of all account balances or shares held in the fund.
(c) Vesting
Participant contributions and the Company's matching contributions are immediately fully vested. A participant shall become fully vested in his or her entire accrued benefit upon the participant's normal retirement date (as defined by the Plan), death, or total disability (as defined by the Plan). The Company's profit sharing discretionary contributions, for participants whose employment terminates
5
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(1) Description of the Plan (Continued)
prior to his or her normal retirement date for reasons other than death or total disability shall vest in accordance with the following schedule:
Years of service
|
Vested percentage |
|||
---|---|---|---|---|
Less than 2 years |
| % | ||
2 |
25 | |||
3 |
50 | |||
4 |
75 | |||
5 or more |
100 |
Any non-vested amounts in a terminated participant's account will be forfeited in accordance with Plan provisions and used in the following sequence: first, to make any Plan contributions due to participants that have returned from qualified military service that are consistent with applicable law and the terms of the Plan; second, to make any Plan contributions required to correct administrative errors; third, to reduce matching contributions otherwise payable by the Company in the year that the forfeiture first becomes available; fourth, to restore previously forfeited account balances, if any; and fifth, to reduce matching contributions in the following year. As of December 31, 2014 and 2013, forfeited non-vested accounts totaled $150,317 and $163,439, respectively. During the years ended December 31, 2014 and 2013, the total amount forfeited was $686,251 and $588,626, respectively. During the years ended December 31, 2014 and 2013, $699,373 and $455,395, respectively, were used in accordance with Plan provisions as summarized above.
(d) Benefit Payments
A participant may receive a distribution of his or her entire vested accrued benefit only upon the participant's termination of employment or, as of April 15, 2012, upon attainment of age 591/2. While employed, a participant may receive a distribution of his or her rollover account and employee contribution deferrals for reason of financial hardship in accordance with plan provisions. Following a hardship withdrawal, participants are not allowed to contribute to the Plan for a period of six months. Withdrawal of previously contributed employee after-tax contributions and employee rollover amounts is also permitted in accordance with plan provisions.
In general, for distributions other than for financial hardship or on account of withdrawal of employee after-tax contributions, the method of payment shall be based on the participant's election and may be made in the form of a lump-sum payment, installments (if eligible as defined by the Plan), or direct transfer to an Individual Retirement Account (IRA) or tax-favored plan that accepts the transfer. A participant may also elect a combination of lump-sum payment and direct transfer. Distributions shall be made in cash or in-kind in accordance with the participant's election and plan provisions.
(e) Notes Receivable from Participants
Loans to participants may be made, at the discretion of the Plan's administrator, in an amount not less than $1,000 and not to exceed the lesser of 50% of the participant's vested account balance, or
6
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(1) Description of the Plan (Continued)
$50,000 reduced by the highest outstanding balance during the previous 12 months. Participants may only have one loan outstanding at a time. Such loans are collateralized by the participant's vested balance in the Plan and bear the prevailing interest rate used by lending institutions for loans made under similar circumstances. Interest rates ranged from 4.25% to 10.00% and maturity dates ranged from January 2015 to October 2029 on 1,026 outstanding loan balances as of December 31, 2014. The terms of these loans cannot exceed five years except that if the loan is used to purchase the principal residence of the participant, the loan term may be extended for up to a period of 15 years. Principal and interest are paid ratably through payroll deductions.
(f) Plan Termination
The Company has not expressed any intent to terminate the Plan; however, it may do so at any time, subject to the provisions of ERISA. In the event of Plan termination, participants automatically become fully vested in their accrued benefits.
(g) Transfers into this Plan
On April 30, 2012, the Plan Sponsor acquired First American Commercial Bancorp, Inc. In connection with the acquisition, the First American Commercial 401(k) Profit Sharing Plan (the First American Plan) was merged with and into the Plan on February 1, 2013, on which date the assets of the First American Plan, totaling $5,159,573, were liquidated and transferred into the Plan.
On July 2, 2012, the Plan Sponsor acquired Rochdale Investment Management, LLC. In connection with the acquisition, the Rochdale Investment Management, LLC 401(k) Plan (the Rochdale Investment Plan) was merged with and into the Plan on February 11, 2013, on which date the assets of the Rochdale Investment Plan, totaling $9,210,067, were liquidated and transferred into the Plan.
On July 2, 2012, the Plan Sponsor acquired Symphonic Financial Advisors, LLC. In connection with the acquisition, the Symphonic Financial Advisors, LLC 401(k) Plan (the Symphonic Financial Plan) was merged with and into the Plan on February 11, 2013, on which date the assets of the Symphonic Financial Plan, totaling $917,377, were liquidated and transferred into the Plan.
(2) Significant Accounting Policies
(a) Basis of Accounting
The financial statements of the Plan have been prepared on the accrual basis of accounting in accordance with U.S. generally accepted accounting principles (U.S. GAAP).
(b) Use of Estimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the statements of net assets available for benefits and the additions and deductions in the statements of
7
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(2) Significant Accounting Policies (Continued)
changes in net assets available for benefits, as well as the disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates.
(c) Investment Valuation and Income Recognition
Publicly traded securities are carried at fair value based on the published market quotations. Shares of mutual funds are valued at quoted market prices, which represent the net asset value (NAV) of shares held by the Plan at year-end. The Plan's investment in the CNR Prime Money Market Fund is valued at cost, which approximates fair value. Purchases and sales of investments are recorded on a settlement-date basis, which does not materially differ from trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.
(d) Notes Receivable from Participants
Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Interest income is recorded on the accrual basis. If a participant ceases to make loan repayments and the plan administrator deems the participant loan to be in default, the participant loan balance is reduced and a benefit payment is recorded.
(e) Payment of Participant Benefits
Participant benefits are recorded when paid.
(f) Administrative Expenses
A portion of the administrative expenses of the Plan are paid by participants, and a portion is paid by the Company, except for loan and IDA fees, which are charged to the applicable participant accounts. City National Bank, the Plan's trustee, charges a fee for processing loan applications and IDA transactions.
Participant accounts are charged, on a per capita basis, the actual third-party costs of plan recordkeeping. The Company continues to pay the Trustee and servicing fees for the Plan.
(g) Risks and Uncertainties
The Plan provides for various investment options in money market funds, mutual funds, common stocks, corporate debt, and government securities. Investment securities are exposed to various risks such as interest rate, market, and credit. Due to the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in the various risk factors, in the near term, could materially affect participants' account balances and the amounts reported in the financial statements.
(h) Concentration of Credit Risk
Investment in the common stock of City National Corporation comprises approximately 15% and 16% of the Plan's investments as of December 31, 2014 and 2013, respectively.
8
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(3) Fair Value Measurements
Accounting guidance defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at fair value, the Plan considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance.
If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability.
If the determination of fair value measurement for a particular asset or liability is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs.
Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used as of December 31, 2014 and 2013.
Equity securities: Valued at the closing price reported on the active market on which the individual securities are traded.
Mutual funds and cash equivalents: Valued at the quoted NAV of shares held by the Plan at year-end.
Corporate debt: Valued at the bid or evaluated bid in conjunction with a multidimensional relational model of the par value held by the Plan at year-end.
The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair values of certain financial instruments could result in a different fair value measurement at the reporting date.
9
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(3) Fair Value Measurements (Continued)
As of December 31, 2014 and 2013, the Plan's investments measured at fair value consisted of the following instruments and classifications within the fair value hierarchy:
|
Fair value measurement as of December 31, 2014, using input type |
|
|||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset type
|
Level 1 | Level 2 | Level 3 | Total | |||||||||
Cash equivalents |
$ | 44,992,405 | | | 44,992,405 | ||||||||
Mutual funds: |
|||||||||||||
Domestic large-cap equity |
139,965,632 | | | 139,965,632 | |||||||||
Domestic mid-cap equity |
43,366,986 | | | 43,366,986 | |||||||||
Domestic small-cap equity |
77,935,932 | | | 77,935,932 | |||||||||
Balanced funds |
37,480,131 | | | 37,480,131 | |||||||||
Fixed income |
117,784,021 | | | 117,784,021 | |||||||||
International equity |
56,522,796 | | | 56,522,796 | |||||||||
Commodities |
339,947 | | | 339,947 | |||||||||
| | | | | | | | | | | | | |
Total mutual funds |
473,395,445 | | | 473,395,445 | |||||||||
| | | | | | | | | | | | | |
Common stock: |
|||||||||||||
Banking |
96,308,867 | | | 96,308,867 | |||||||||
Other |
16,017,402 | 80,248 | | 16,097,650 | |||||||||
| | | | | | | | | | | | | |
Total common stock |
112,326,269 | 80,248 | | 112,406,517 | |||||||||
Preferred stock |
183,925 |
|
|
183,925 |
|||||||||
Corporate debt |
| 99,511 | | 99,511 | |||||||||
Other assets |
124,311 | 24,157 | | 148,468 | |||||||||
| | | | | | | | | | | | | |
Total investments |
$ | 631,022,355 | 203,916 | | 631,226,271 | ||||||||
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
10
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(3) Fair Value Measurements (Continued)
|
Fair value measurement as of December 31, 2013, using input type |
|
|||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset type
|
Level 1 | Level 2 | Level 3 | Total | |||||||||
Cash equivalents |
$ | 45,210,490 | | | 45,210,490 | ||||||||
Mutual funds: |
|||||||||||||
Domestic large-cap equity |
128,367,232 | | | 128,367,232 | |||||||||
Domestic mid-cap equity |
39,635,977 | | | 39,635,977 | |||||||||
Domestic small-cap equity |
74,262,442 | | | 74,262,442 | |||||||||
Balanced funds |
26,299,731 | | | 26,299,731 | |||||||||
Fixed income |
113,199,350 | | | 113,199,350 | |||||||||
International equity |
54,836,936 | | | 54,836,936 | |||||||||
Commodities |
257,560 | | | 257,560 | |||||||||
| | | | | | | | | | | | | |
Total mutual funds |
436,859,228 | | | 436,859,228 | |||||||||
| | | | | | | | | | | | | |
Common stock: |
|||||||||||||
Banking |
94,629,995 | | | 94,629,995 | |||||||||
Other |
14,532,292 | | | 14,532,292 | |||||||||
| | | | | | | | | | | | | |
Total common stock |
109,162,287 | | | 109,162,287 | |||||||||
Preferred stock |
137,057 |
|
|
137,057 |
|||||||||
Corporate debt |
| 117,154 | | 117,154 | |||||||||
Other assets |
160,595 | 283,210 | | 443,805 | |||||||||
| | | | | | | | | | | | | |
Total investments |
$ | 591,529,657 | 400,364 | | 591,930,021 | ||||||||
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | | |
11
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(4) Investments
The following table presents the fair value of investments as of December 31, 2014 and 2013, with individual investments representing 5% or more of the Plan's net assets available for benefits separately identified:
Investment
|
2014 | 2013 | |||||
---|---|---|---|---|---|---|---|
City National Corporation common stock |
$ | 96,308,867 | 94,629,995 | ||||
Vanguard Large Cap IndexInst |
65,516,691 | 58,431,025 | |||||
CNR Prime MM (formerly CNI Charter Funds Prime MM) |
41,649,258 | 45,210,490 | |||||
CNR Government Bond Fund Instl |
40,435,129 | 38,594,908 | |||||
John Hancock Fds III-Discpl V |
40,577,939 | 38,140,128 | |||||
American Europacific Growth |
37,393,095 | 36,691,038 | |||||
Eagle Small Cap Growth Fund |
34,813,017 | 33,538,946 | |||||
PIMCO Total Return Fd* |
31,534,299 | 31,120,294 | |||||
All other investments less than 5% |
242,997,976 | 215,573,197 | |||||
| | | | | | | |
Total |
$ | 631,226,271 | 591,930,021 | ||||
| | | | | | | |
| | | | | | | |
| | | | | | | |
During the years ended December 31, 2014 and 2013, the Plan's investments (including gains and losses on investments bought and sold, as well as held during the year) in mutual funds, common and preferred stock, corporate debt, and other investments appreciated in value by $2,389,050 and $97,396,198, respectively, as follows:
Investment
|
2014 | 2013 | |||||
---|---|---|---|---|---|---|---|
Mutual funds |
$ | (1,342,398 | ) | 57,647,261 | |||
Common stock |
3,747,828 | 39,491,923 | |||||
Preferred stock |
14,217 | (11,712 | ) | ||||
Corporate debt |
(8,163 | ) | (10,625 | ) | |||
Other |
(22,434 | ) | 279,351 | ||||
| | | | | | | |
Net appreciation |
$ | 2,389,050 | 97,396,198 | ||||
| | | | | | | |
| | | | | | | |
| | | | | | | |
(5) Party-in-Interest Transactions
Certain Plan investments are shares of CNR Funds managed by City National Rochdale (CNR) and shares of common stock of City National Corporation. CNR is a wholly owned subsidiary of City National Bank, which is a subsidiary of City National Corporation (the Plan sponsor as defined by the Plan), and thus, these are party-in-interest transactions. In addition, City National Bank receives mutual fund servicing fees for funds invested in CNR Funds.
12
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
Notes to Financial Statements (Continued)
December 31, 2014 and 2013
(6) Income Taxes
The Company received a favorable tax determination letter on November 3, 2014 from the Internal Revenue Service (IRS) stating that the Plan is qualified under IRC Section 401(a) and that the Trust is exempt from federal income taxes under provisions of Section 501(a).
U.S. GAAP requires plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed tax positions taken by the Plan, and has concluded that as of December 31, 2014 and 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2011.
(7) Reconciliation of Financial Statements to Form 5500
The following is a reconciliation of the assets available for benefits between the financial statements and Form 5500 as of December 31, 2014 and 2013:
|
2014 | 2013 | |||||
---|---|---|---|---|---|---|---|
Net assets available for benefits per the financial statements |
$ | 660,235,716 | 620,084,928 | ||||
Less interest income on notes receivable from participants |
7,156 | 8,425 | |||||
| | | | | | | |
Net assets available for benefits per Form 5500 |
$ | 660,228,560 | 620,076,503 | ||||
| | | | | | | |
| | | | | | | |
| | | | | | | |
The following is a reconciliation of the net increase in net assets available for benefits between the financial statements and the Form 5500 for the years ended December 31, 2014 and 2013:
|
2014 | 2013 | |||||
---|---|---|---|---|---|---|---|
Net increase in net assets available for benefits per the financial statements |
$ | 40,150,788 | 137,249,639 | ||||
Less interest income on notes receivable from participants |
(1,269 | ) | 1,949 | ||||
| | | | | | | |
Net increase in net assets available for benefits per Form 5500 |
$ | 40,152,057 | 137,247,690 | ||||
| | | | | | | |
| | | | | | | |
| | | | | | | |
13
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
* |
CNR Prime MM Instl |
CNR Prime MM Instl | 41,649,258 | $ | 41,649,258 | ||||||
* |
CNR Prime MM Fund Servicing Class |
CNR Prime MM Fund Servicing Class | 279,171 | 3,063,977 | |||||||
|
TDAM Money Market Portfolio |
TDAM Money Market Portfolio | 3,063,977 | 279,171 | |||||||
| | | | | | | | | | | |
|
Total cash equivalents |
44,992,405 | |||||||||
| | | | | | | | | | | |
|
Cliffs Natural Resources 5.900% 3/15/20 |
Cliffs Natural Resources 5.900% 3/15/20 | 20,000 | $ | 11,550 | ||||||
|
Microsoft Corp 5.300% 2/08/41 |
Microsoft Corp 5.300% 2/08/41 | 28,000 | 34,352 | |||||||
|
Qwest Corporation 7.250% 9/15/25 |
Qwest Corporation 7.250% 9/15/25 | 25,000 | 29,019 | |||||||
|
Reliance Steel & Alum 4.500% 4/15/23 |
Reliance Steel & Alum 4.500% 4/15/23 | 25,000 | 24,591 | |||||||
| | | | | | | | | | | |
|
Total corporate obligations |
99,511 | |||||||||
| | | | | | | | | | | |
|
Digital Realty Trust Inc 5.875% |
Digital Realty Trust Inc 5.875% | 1,000 | $ | 23,020 | ||||||
|
Istar Finl Inc Pfd Ser D |
Istar Finl Inc Pfd Ser D | 2,000 | 50,000 | |||||||
|
JPMorgan Chase & Co 5.45% |
JPMorgan Chase & Co 5.45% | 1,335 | 31,640 | |||||||
|
Northstar Realty Fin 8.25% |
Northstar Realty Fin 8.25% | 3,000 | 74,640 | |||||||
|
OI SA ADR Pfd |
OI SA ADR Pfd | 1,450 | 4,626 | |||||||
| | | | | | | | | | | |
|
Total preferred stocks |
183,925 | |||||||||
| | | | | | | | | | | |
|
3-D Systems Corp |
3-D Systems Corp | 30 | $ | 986 | ||||||
|
Abbott Laboratories |
Abbott Laboratories | 100 | 4,502 | |||||||
|
Abbvie Inc |
Abbvie Inc | 100 | 6,544 | |||||||
|
Ace Ltd Ord Shs |
Ace Ltd Ord Shs | 61 | 7,008 | |||||||
|
Adobe Systems Inc. |
Adobe Systems Inc. | 685 | 49,800 | |||||||
|
Advaxis Inc |
Advaxis Inc | 960 | 7,690 | |||||||
|
Aerie Pharmaceuticals Inc |
Aerie Pharmaceuticals Inc | 750 | 21,893 | |||||||
|
Aes Corp |
Aes Corp | 10 | 138 | |||||||
|
Affiliated Managers Group |
Affiliated Managers Group | 284 | 60,276 | |||||||
|
Aflac Inc |
Aflac Inc | 600 | 36,654 | |||||||
|
Alcoa Inc |
Alcoa Inc | 20,000 | 315,800 | |||||||
|
Alibaba Group Holding-Sp ADR |
Alibaba Group Holding-Sp ADR | 3,455 | 359,113 | |||||||
|
Alkermes Plc |
Alkermes Plc | 350 | 20,496 | |||||||
|
Allied Irish Banks PLC |
Allied Irish Banks PLC | 60 | 5 | |||||||
|
Allied Nevada Gold Corp (anvgq 03/11/15) |
Allied Nevada Gold Corp (anvgq 03/11/15) | 724 | 630 | |||||||
|
Alnylam Pharmaceuticals Inc |
Alnylam Pharmaceuticals Inc | 228 | 22,116 | |||||||
|
Altria Group Inc |
Altria Group Inc | 3,000 | 147,810 | |||||||
|
Aluminum Corp of China ADR |
Aluminum Corp of China ADR | 41 | 472 | |||||||
|
Amazon Com Inc |
Amazon Com Inc | 15 | 4,655 | |||||||
|
American Capital Agency Corp |
American Capital Agency Corp | 2,275 | 49,663 | |||||||
|
American Electric Power Co |
American Electric Power Co | 500 | 30,360 | |||||||
|
American Express Co. |
American Express Co. | 1,165 | 108,392 | |||||||
|
American International Group |
American International Group | 1,990 | 111,460 | |||||||
|
American International Group WTS |
American International Group WTS | 400 | 9,848 | |||||||
|
American Realty Capital Prop |
American Realty Capital Prop | 1,500 | 13,575 | |||||||
|
American Water Works Co Inc |
American Water Works Co Inc | 1,171 | 62,414 | |||||||
|
Amico Games Corp (delisted 11/10/14) |
Amico Games Corp (delisted 11/10/14) | 250 | 0 | |||||||
|
Amtrust Financial Services |
Amtrust Financial Services | 165 | 9,281 |
14
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
Apollo Investment Corp |
Apollo Investment Corp | 2,000 | 14,840 | |||||||
|
Apple Inc |
Apple Inc | 11,207 | 1,237,029 | |||||||
|
Applied Material |
Applied Material | 2,600 | 64,792 | |||||||
|
Archer Daniels Midland |
Archer Daniels Midland | 100 | 5,200 | |||||||
|
Ares Capital Corp |
Ares Capital Corp | 4,350 | 67,882 | |||||||
|
Ariad Pharmaceuticals |
Ariad Pharmaceuticals | 2,980 | 20,473 | |||||||
|
Arm Holdings Plc Spon ADR |
Arm Holdings Plc Spon ADR | 325 | 15,048 | |||||||
|
Array Biopharma Inc |
Array Biopharma Inc | 3,630 | 17,170 | |||||||
|
ARRIS Group Inc |
ARRIS Group Inc | 100 | 3,019 | |||||||
|
Artistdirect Inc |
Artistdirect Inc | 80 | 0 | |||||||
|
At&t Inc |
At&t Inc | 3,501 | 117,599 | |||||||
|
Avianca Holdings Sa-Spon ADR |
Avianca Holdings Sa-Spon ADR | 175 | 2,053 | |||||||
|
Avid Technology Inc. |
Avid Technology Inc. | 8 | 114 | |||||||
|
Avon Products Inc. |
Avon Products Inc. | 6,000 | 56,340 | |||||||
|
Baker Hughes Inc. |
Baker Hughes Inc. | 580 | 32,521 | |||||||
|
Banco Santander Adr |
Banco Santander Adr | 10,953 | 91,239 | |||||||
|
Bank Montreal Que |
Bank Montreal Que | 20 | 1,415 | |||||||
|
Bank Of America Corp |
Bank Of America Corp | 28,233 | 505,084 | |||||||
|
Bank Of America Corp-Cw19 |
Bank Of America Corp-Cw19 | 10,000 | 70,400 | |||||||
|
Barclays Plc ADR |
Barclays Plc ADR | 46 | 691 | |||||||
|
Barrick Gold Corp. |
Barrick Gold Corp. | 300 | 3,225 | |||||||
|
Bed Bath And Beyond Inc |
Bed Bath And Beyond Inc | 1 | 76 | |||||||
|
Berkshire Hathaway Inc Cl B |
Berkshire Hathaway Inc Cl B | 2,561 | 384,534 | |||||||
|
Big Lots Inc |
Big Lots Inc | 680 | 27,214 | |||||||
|
Biogen Inc |
Biogen Inc | 239 | 81,129 | |||||||
|
Boeing Company |
Boeing Company | 417 | 54,202 | |||||||
|
Boulder Brands Inc |
Boulder Brands Inc | 400 | 4,424 | |||||||
|
Bp Plc Spons Adr |
Bp Plc Spons Adr | 546 | 20,814 | |||||||
|
Bristol-Myers Squibb Co |
Bristol-Myers Squibb Co | 2,200 | 129,866 | |||||||
|
Cablevision Sys Cl A |
Cablevision Sys Cl A | 1,327 | 27,389 | |||||||
|
Cabot Oil & Gas Corp. Class A |
Cabot Oil & Gas Corp. Class A | 7,955 | 235,548 | |||||||
|
California Resources Corp |
California Resources Corp | 92 | 507 | |||||||
|
Capricor Therapeutics Inc |
Capricor Therapeutics Inc | 10 | 38 | |||||||
|
Capstead Mtg Corp |
Capstead Mtg Corp | 2,000 | 24,560 | |||||||
|
Castle Brands Inc |
Castle Brands Inc | 3,000 | 4,860 | |||||||
|
Celgene Corp |
Celgene Corp | 1,605 | 179,535 | |||||||
|
Celldex Therapeutics Inc |
Celldex Therapeutics Inc | 10,000 | 182,500 | |||||||
|
Charles Schwab Corporation |
Charles Schwab Corporation | 2,400 | 72,456 | |||||||
|
Chesapeake Energy Corp |
Chesapeake Energy Corp | 1 | 20 | |||||||
|
Chevron Corp |
Chevron Corp | 855 | 95,914 | |||||||
|
Chicago Bridge & IronNy Reg |
Chicago Bridge & IronNy Reg | 115 | 4,828 | |||||||
|
Chimera Investment Corp (cim 4/07/15) |
Chimera Investment Corp (cim 4/07/15) | 150 | 477 | |||||||
|
China Mobile Ltd ADR |
China Mobile Ltd ADR | 75 | 4,412 | |||||||
|
Ciena Corp |
Ciena Corp | 350 | 6,794 | |||||||
|
Cirrus Logic Inc |
Cirrus Logic Inc | 150 | 3,536 | |||||||
|
Cisco Systems Inc |
Cisco Systems Inc | 225 | 6,258 | |||||||
|
Citigroup Inc |
Citigroup Inc | 4,059 | 219,633 |
15
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
* |
City National Corp |
City National Corp | 1,191,794 | 96,308,867 | |||||||
|
Clean Energy Fuels Corp |
Clean Energy Fuels Corp | 100 | 500 | |||||||
|
Coca-Cola Company |
Coca-Cola Company | 1,000 | 42,220 | |||||||
|
Cognizant Tech Solutns Cl. A |
Cognizant Tech Solutns Cl. A | 32 | 1,685 | |||||||
|
Comcast Corp Cl A |
Comcast Corp Cl A | 1,601 | 92,874 | |||||||
|
Conocophillips |
Conocophillips | 320 | 22,099 | |||||||
|
Consolidated Edison |
Consolidated Edison | 300 | 19,803 | |||||||
|
Costco Wholesale Corp-New |
Costco Wholesale Corp-New | 597 | 84,625 | |||||||
|
Covidien PLC (mdt 01/27/15) |
Covidien PLC (mdt 01/27/15) | 150 | 15,342 | |||||||
|
Cree Inc |
Cree Inc | 1,000 | 32,220 | |||||||
|
Cummins Inc |
Cummins Inc | 479 | 69,057 | |||||||
|
CVS Health Corp |
CVS Health Corp | 1,604 | 154,481 | |||||||
|
Cyrusone Inc |
Cyrusone Inc | 600 | 16,530 | |||||||
|
D R Horton Inc. |
D R Horton Inc. | 25 | 632 | |||||||
|
Danaher Corp Del |
Danaher Corp Del | 190 | 16,285 | |||||||
|
DCT Industrial Trust Inc |
DCT Industrial Trust Inc | 50 | 1,783 | |||||||
|
Deep Rock Oil & Gas Inc |
Deep Rock Oil & Gas Inc | 101 | 0 | |||||||
|
Diamond Offshore Drill |
Diamond Offshore Drill | 100 | 3,671 | |||||||
|
Digital Realty Trust Inc |
Digital Realty Trust Inc | 100 | 6,630 | |||||||
|
Directv |
Directv | 190 | 16,473 | |||||||
|
Disney Walt Co |
Disney Walt Co | 1,477 | 139,119 | |||||||
|
Dolby Laboratories Inc A |
Dolby Laboratories Inc A | 248 | 10,694 | |||||||
|
Eagle Materials Inc |
Eagle Materials Inc | 15 | 1,141 | |||||||
|
Eastman Chemical Co. |
Eastman Chemical Co. | 418 | 31,710 | |||||||
|
Ebay Inc |
Ebay Inc | 120 | 6,734 | |||||||
|
Edison Intl |
Edison Intl | 1,000 | 65,480 | |||||||
|
Edwards Lifesciences |
Edwards Lifesciences | 709 | 90,312 | |||||||
|
El Pollo Loco Holdings Inc |
El Pollo Loco Holdings Inc | 10 | 200 | |||||||
|
Electronic Game Card Inc |
Electronic Game Card Inc | 8,420 | 0 | |||||||
|
Emc Corp(mass)com |
Emc Corp(mass)com | 901 | 26,796 | |||||||
|
Endologix Inc |
Endologix Inc | 1,140 | 17,431 | |||||||
|
Energy XXI Ltd |
Energy XXI Ltd | 500 | 1,630 | |||||||
|
Enerplus Corp |
Enerplus Corp | 3,560 | 34,174 | |||||||
|
Ensco PLC |
Ensco PLC | 215 | 6,439 | |||||||
|
Entropic Communications Inc (mxl 05/01/15) |
Entropic Communications Inc (mxl 05/01/15) | 5,000 | 12,650 | |||||||
|
Euroseas LTD |
Euroseas LTD | 100 | 76 | |||||||
|
Exco Resources Inc |
Exco Resources Inc | 1,150 | 2,496 | |||||||
|
Exelon Corp |
Exelon Corp | 2,500 | 92,700 | |||||||
|
Expedia Inc |
Expedia Inc | 100 | 8,536 | |||||||
|
Exxon-Mobil Corporation |
Exxon-Mobil Corporation | 1,039 | 96,056 | |||||||
|
Facebook Inc-A |
Facebook Inc-A | 4,707 | 367,240 | |||||||
|
Fannie Mae |
Fannie Mae | 1,800 | 3,699 | |||||||
|
Fifth Street Finance Corp |
Fifth Street Finance Corp | 2,000 | 16,020 | |||||||
|
Fireeye Inc |
Fireeye Inc | 50 | 1,579 | |||||||
|
First Solar Inc |
First Solar Inc | 4,000 | 178,380 | |||||||
|
Firstenergy Corp |
Firstenergy Corp | 2,500 | 97,475 |
16
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
Fleetcor Technologies Inc |
Fleetcor Technologies Inc | 100 | 14,871 | |||||||
|
Ford Motor Co New |
Ford Motor Co New | 600 | 9,300 | |||||||
|
Freeport-Mcmoran Inc |
Freeport-Mcmoran Inc | 21 | 491 | |||||||
|
Freeseas Inc (free 05/11/15) |
Freeseas Inc (free 05/11/15) | 2 | 0 | |||||||
|
Frontline Ltd Usd |
Frontline Ltd Usd | 1 | 3 | |||||||
|
Gafisa SAADR |
Gafisa SAADR | 2,000 | 3,080 | |||||||
|
Garrison Capital Inc |
Garrison Capital Inc | 1,000 | 14,440 | |||||||
|
General Electric Co |
General Electric Co | 15,805 | 399,392 | |||||||
|
General Motors Co |
General Motors Co | 500 | 17,455 | |||||||
|
Genworth Financial Inc Cl A |
Genworth Financial Inc Cl A | 1,000 | 8,500 | |||||||
|
G-III Apparel Group LTD |
G-III Apparel Group LTD | 35 | 3,535 | |||||||
|
Gilead Sciences Inc |
Gilead Sciences Inc | 6,005 | 566,031 | |||||||
|
Glaxosmithkline Plc Ads |
Glaxosmithkline Plc Ads | 75 | 3,206 | |||||||
|
Goldcorp Inc. |
Goldcorp Inc. | 60 | 1,111 | |||||||
|
Goldman Sachs Group Inc |
Goldman Sachs Group Inc | 636 | 123,276 | |||||||
|
Google Inc Cl A |
Google Inc Cl A | 200 | 106,132 | |||||||
|
Google Inc Cl C |
Google Inc Cl C | 96 | 50,534 | |||||||
|
Gopro Inc-Class A |
Gopro Inc-Class A | 725 | 45,835 | |||||||
|
Great Plains Energy |
Great Plains Energy | 1 | 28 | |||||||
|
Gs Enviroservices Inc |
Gs Enviroservices Inc | 250 | 4 | |||||||
|
GT Advanced Technologies Inc |
GT Advanced Technologies Inc | 6,000 | 1,986 | |||||||
|
GW Pharmaceuticals -ADR |
GW Pharmaceuticals -ADR | 1,000 | 67,680 | |||||||
|
Halliburton Company |
Halliburton Company | 266 | 10,462 | |||||||
|
Hancock Fabrics (hkfiq 3/22/07) |
Hancock Fabrics (hkfiq 3/22/07) | 17 | 10 | |||||||
|
Hartford Financial Services Group |
Hartford Financial Services Group | 1 | 42 | |||||||
|
Hatteras Financial Corp |
Hatteras Financial Corp | 1,000 | 18,430 | |||||||
|
HCA Holdings Inc |
HCA Holdings Inc | 660 | 48,437 | |||||||
|
HDFC Bank Ltd Adr |
HDFC Bank Ltd Adr | 5 | 254 | |||||||
|
Healthequity Inc |
Healthequity Inc | 3,410 | 86,785 | |||||||
|
Herbalife Ltd |
Herbalife Ltd | 1,200 | 45,240 | |||||||
|
Hercules Offshore Inc |
Hercules Offshore Inc | 20 | 20 | |||||||
|
Hercules Technology Growth |
Hercules Technology Growth | 1,000 | 14,880 | |||||||
|
Hexcel Corp New |
Hexcel Corp New | 1,301 | 53,979 | |||||||
|
Himax Technologies Inc- ADR |
Himax Technologies Inc- ADR | 4,211 | 33,941 | |||||||
|
Home Depot Incorporated |
Home Depot Incorporated | 1,171 | 122,920 | |||||||
|
Host Hotels & Resorts Inc |
Host Hotels & Resorts Inc | 2,205 | 52,413 | |||||||
|
Illumina Inc |
Illumina Inc | 35 | 6,460 | |||||||
|
Immunicon Corp |
Immunicon Corp | 6,000 | 0 | |||||||
|
Incyte Corporation |
Incyte Corporation | 120 | 8,773 | |||||||
|
Insulet Corp |
Insulet Corp | 480 | 22,109 | |||||||
|
Intel Corporation |
Intel Corporation | 1,077 | 39,084 | |||||||
|
International Paper |
International Paper | 56 | 3,001 | |||||||
|
Intl Business Machines Inc |
Intl Business Machines Inc | 53 | 8,503 | |||||||
|
Intuitive Surgical |
Intuitive Surgical | 125 | 66,118 | |||||||
|
Irobot Corp |
Irobot Corp | 4,175 | 144,956 | |||||||
|
Iron Mountain Inc (irm 1/21/15) |
Iron Mountain Inc (irm 1/21/15) | 1,092 | 42,217 | |||||||
|
Isis Pharmaceuticals |
Isis Pharmaceuticals | 485 | 29,944 |
17
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
ITAU Unibanco Banco Multi ADR |
ITAU Unibanco Banco Multi ADR | 18,000 | 234,180 | |||||||
|
IXYS Corp |
IXYS Corp | 60 | 756 | |||||||
|
Jakks Pac Inc |
Jakks Pac Inc | 4,200 | 28,560 | |||||||
|
JPMorgan Chase & Co |
JPMorgan Chase & Co | 2,816 | 176,225 | |||||||
|
K T Corp Spon Adr |
K T Corp Spon Adr | 20 | 282 | |||||||
|
Keryx Biopharmaceuticals |
Keryx Biopharmaceuticals | 1,140 | 16,131 | |||||||
|
Keurig Green Mountain Inc |
Keurig Green Mountain Inc | 41 | 5,428 | |||||||
|
Kinder Morgan Inc |
Kinder Morgan Inc | 1,679 | 71,039 | |||||||
|
Kirkland's Inc |
Kirkland's Inc | 825 | 19,503 | |||||||
|
Kraft Foods Group Inc |
Kraft Foods Group Inc | 63 | 3,948 | |||||||
|
Kroger Co |
Kroger Co | 100 | 6,421 | |||||||
|
Lennar Corp |
Lennar Corp | 100 | 4,481 | |||||||
|
Leucadia Natl Corp |
Leucadia Natl Corp | 690 | 15,470 | |||||||
|
Lions Gate Entertainment Corp |
Lions Gate Entertainment Corp | 1,625 | 52,033 | |||||||
|
Liquidity Services Inc |
Liquidity Services Inc | 250 | 2,043 | |||||||
|
Lloyds Tsb Group Plc ADR |
Lloyds Tsb Group Plc ADR | 3,000 | 13,920 | |||||||
|
Lowes Co Inc |
Lowes Co Inc | 1,048 | 72,102 | |||||||
|
Lyondellbasell Indus A |
Lyondellbasell Indus A | 150 | 11,909 | |||||||
|
M&T Bank Corp |
M&T Bank Corp | 25 | 3,141 | |||||||
|
Magna Int'l Inc. |
Magna Int'l Inc. | 672 | 73,040 | |||||||
|
Mastercard Inc A |
Mastercard Inc A | 1,349 | 116,230 | |||||||
|
Mcdermott Int'l |
Mcdermott Int'l | 1,897 | 5,520 | |||||||
|
Mcdonalds Corp |
Mcdonalds Corp | 351 | 32,889 | |||||||
|
Mead Johnson Nutrition Co A |
Mead Johnson Nutrition Co A | 1 | 101 | |||||||
|
Medical Marijuana Inc |
Medical Marijuana Inc | 29,200 | 3,326 | |||||||
|
Mela Sciences Inc |
Mela Sciences Inc | 4,000 | 4,800 | |||||||
|
Merck & Company Inc |
Merck & Company Inc | 116 | 6,588 | |||||||
|
Merrimack Pharmaceuticals In |
Merrimack Pharmaceuticals In | 2,390 | 27,007 | |||||||
|
Mesa Air Group Inc |
Mesa Air Group Inc | 4,000 | 0 | |||||||
|
Mgp Ingredients Inc |
Mgp Ingredients Inc | 33 | 523 | |||||||
|
Micron Tech. Inc. |
Micron Tech. Inc. | 3,000 | 105,030 | |||||||
|
Microsoft Corporation |
Microsoft Corporation | 2,002 | 92,993 | |||||||
|
ModusLink Global Solutions Inc (mlnk 01/20/15) |
ModusLink Global Solutions Inc (mlnk 01/20/15) | 10 | 38 | |||||||
|
Molson Coors Brewing Co-B |
Molson Coors Brewing Co-B | 408 | 30,404 | |||||||
|
Mondelez International Inc |
Mondelez International Inc | 101 | 3,669 | |||||||
|
Monitise PLC |
Monitise PLC | 20,000 | 7,873 | |||||||
|
Monster Beverage Corp |
Monster Beverage Corp | 40 | 4,334 | |||||||
|
Mylan NV (myl 03/02/15) |
Mylan NV (myl 03/02/15) | 337 | 18,997 | |||||||
|
Nate'S Food Co |
Nate'S Food Co | 163,100 | 17,941 | |||||||
|
National Grid Transco Plc |
National Grid Transco Plc | 1 | 71 | |||||||
|
National Oilwell Varco Inc |
National Oilwell Varco Inc | 48 | 3,145 | |||||||
|
Naturalnano Inc (nnan 1/21/15) |
Naturalnano Inc (nnan 1/21/15) | 3,333 | 83 | |||||||
|
Ncr Corp New |
Ncr Corp New | 200 | 5,828 | |||||||
|
Neogen Corp |
Neogen Corp | 305 | 15,125 | |||||||
|
Netflix Inc |
Netflix Inc | 70 | 23,913 | |||||||
|
Netgear Inc |
Netgear Inc | 292 | 10,389 |
18
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
New Mountain Finance Corp |
New Mountain Finance Corp | 1,000 | 14,940 | |||||||
|
Newlink Genetics Corp |
Newlink Genetics Corp | 5,990 | 238,103 | |||||||
|
Nokia Corp ADR |
Nokia Corp ADR | 5,000 | 39,300 | |||||||
|
Nordic American Tankers Ltd |
Nordic American Tankers Ltd | 100 | 1,007 | |||||||
|
Norfolk Southern Co. |
Norfolk Southern Co. | 130 | 14,249 | |||||||
|
Nortel Networks |
Nortel Networks | 2 | 0 | |||||||
|
Novavax Inc. |
Novavax Inc. | 3,630 | 21,526 | |||||||
|
NXP Semiconductors Nv |
NXP Semiconductors Nv | 785 | 59,974 | |||||||
|
Occidental Petroleum Corp. |
Occidental Petroleum Corp. | 590 | 47,560 | |||||||
|
Ocwen Financial Corp |
Ocwen Financial Corp | 400 | 6,040 | |||||||
|
One Gas Inc |
One Gas Inc | 79 | 3,256 | |||||||
|
Oneok Inc |
Oneok Inc | 316 | 15,734 | |||||||
|
Oracle Corp |
Oracle Corp | 180 | 8,095 | |||||||
|
Organovo Holdings Inc |
Organovo Holdings Inc | 2,140 | 15,515 | |||||||
|
Pacific Biosciences of Calif |
Pacific Biosciences of Calif | 2,000 | 15,680 | |||||||
|
PDL Biopharma Inc |
PDL Biopharma Inc | 3,000 | 23,130 | |||||||
|
Pengrowth Energy Corp |
Pengrowth Energy Corp | 860 | 2,675 | |||||||
|
Pepsico Inc |
Pepsico Inc | 557 | 52,670 | |||||||
|
Petersen Cos Inc Cl A |
Petersen Cos Inc Cl A | 200 | 146 | |||||||
|
Petrochina Co |
Petrochina Co | 10 | 1,110 | |||||||
|
Pfizer Incorporated |
Pfizer Incorporated | 100 | 3,115 | |||||||
|
Pg&e Corp |
Pg&e Corp | 910 | 48,448 | |||||||
|
Pharmacyclics Inc |
Pharmacyclics Inc | 6,500 | 794,690 | |||||||
|
Phillips 66 |
Phillips 66 | 60 | 4,302 | |||||||
|
Polaris Inds Inc. |
Polaris Inds Inc. | 491 | 74,259 | |||||||
|
Portugal Telecomm Sgps S A Sponsored ADR (737273102 03/30/15) |
Portugal Telecomm Sgps S A Sponsored ADR (737273102 03/30/15) | 1 | 1 | |||||||
|
Potash Corp |
Potash Corp | 45 | 1,589 | |||||||
|
Ppl Corp |
Ppl Corp | 3,000 | 108,990 | |||||||
|
Precision Castparts |
Precision Castparts | 25 | 6,022 | |||||||
|
Preferred Bank/Los Angeles |
Preferred Bank/Los Angeles | 3 | 84 | |||||||
|
Priceline Group Inc/The |
Priceline Group Inc/The | 42 | 47,889 | |||||||
|
Procter & Gamble Co |
Procter & Gamble Co | 200 | 18,218 | |||||||
|
Prospect Capital Corp |
Prospect Capital Corp | 700 | 5,782 | |||||||
|
Prudential Finl Inc |
Prudential Finl Inc | 1,521 | 137,590 | |||||||
|
PTC Therapeutics Inc |
PTC Therapeutics Inc | 580 | 30,027 | |||||||
|
Pulte Group Inc |
Pulte Group Inc | 4,010 | 86,055 | |||||||
|
Qihoo 360 Technology Co Ltd |
Qihoo 360 Technology Co Ltd | 2 | 115 | |||||||
|
Qiwi Plc-Sponsored ADR |
Qiwi Plc-Sponsored ADR | 2 | 40 | |||||||
|
Qualcomm |
Qualcomm | 1,139 | 84,662 | |||||||
|
Quality Systems Inc |
Quality Systems Inc | 730 | 11,381 | |||||||
|
Quanta Svcs Inc |
Quanta Svcs Inc | 1,703 | 48,348 | |||||||
|
RCS Capital Corp-Class A |
RCS Capital Corp-Class A | 3,900 | 47,736 | |||||||
|
Regions Finl Corp Com |
Regions Finl Corp Com | 1,000 | 10,560 | |||||||
|
Rf Microdevices Inc. (acquired by qrvo 1/2/15) |
Rf Microdevices Inc. (acquired by qrvo 1/2/15) | 1,000 | 16,590 | |||||||
|
Rite Aid Corp |
Rite Aid Corp | 500 | 3,760 |
19
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
Royal Bank Of Scotland Spons ADR |
Royal Bank Of Scotland Spons ADR | 1,500 | 18,165 | |||||||
|
Royal Gold Inc |
Royal Gold Inc | 280 | 17,556 | |||||||
|
Royal Ptt Nederland Adr |
Royal Ptt Nederland Adr | 1,000 | 3,100 | |||||||
|
RPX Corp |
RPX Corp | 650 | 8,957 | |||||||
|
Samaritan Pharmaceuticals |
Samaritan Pharmaceuticals | 1,166 | 0 | |||||||
|
Sandisk Corp |
Sandisk Corp | 50 | 4,899 | |||||||
|
Sangamo Biosciences |
Sangamo Biosciences | 32,110 | 488,393 | |||||||
|
Sarepta Therapeutics Inc |
Sarepta Therapeutics Inc | 3,000 | 43,410 | |||||||
|
Schlumberger Ltd |
Schlumberger Ltd | 864 | 73,794 | |||||||
|
Seabridge Res Inc |
Seabridge Res Inc | 325 | 2,454 | |||||||
|
Seadrill Ltd |
Seadrill Ltd | 3,020 | 36,059 | |||||||
|
Sesa Goa Ltd ADR (92242y100 05/11/15) |
Sesa Goa Ltd ADR (92242y100 05/11/15) | 1 | 14 | |||||||
|
Seventy Seven Energy Inc |
Seventy Seven Energy Inc | 6 | 33 | |||||||
|
Shire PLC ADR |
Shire PLC ADR | 200 | 42,508 | |||||||
|
Signature Group Holdings Inc (82670k128 1/29/15) |
Signature Group Holdings Inc (82670k128 1/29/15) | 2 | 14 | |||||||
|
Silver Wheaton Corp |
Silver Wheaton Corp | 290 | 5,896 | |||||||
|
Skyepharma Plc-Spons Adr |
Skyepharma Plc-Spons Adr | 1,850 | 9,435 | |||||||
|
Skyworks Solutions Inc |
Skyworks Solutions Inc | 1,600 | 116,336 | |||||||
|
Sonic Automotive Cl A |
Sonic Automotive Cl A | 14 | 379 | |||||||
|
Southern Company |
Southern Company | 1,500 | 73,665 | |||||||
|
Starbucks Corp. |
Starbucks Corp. | 725 | 59,486 | |||||||
|
Starpharma Holdings-Spon Adr |
Starpharma Holdings-Spon Adr | 7,100 | 29,951 | |||||||
|
Starwood Property Trust Inc |
Starwood Property Trust Inc | 441 | 10,249 | |||||||
|
Starwood Waypont Reside |
Starwood Waypont Reside | 88 | 2,321 | |||||||
|
State Street Corp |
State Street Corp | 942 | 73,947 | |||||||
|
Stemline Therapeutics Inc |
Stemline Therapeutics Inc | 10,000 | 170,600 | |||||||
|
Stereotaxis Inc |
Stereotaxis Inc | 59,000 | 87,320 | |||||||
|
Sunpower Corp |
Sunpower Corp | 4,000 | 103,320 | |||||||
|
Super Micro Computer Inc |
Super Micro Computer Inc | 500 | 17,440 | |||||||
|
Swift Energy Co |
Swift Energy Co | 200 | 810 | |||||||
|
Taiwan Semiconductor |
Taiwan Semiconductor | 40 | 895 | |||||||
|
TAL International Group Inc |
TAL International Group Inc | 35 | 1,525 | |||||||
|
Targa Resources Corp |
Targa Resources Corp | 47 | 4,984 | |||||||
|
Target Corp |
Target Corp | 200 | 15,182 | |||||||
|
Taseko Mines LTD |
Taseko Mines LTD | 16,500 | 16,995 | |||||||
|
Techprecision Corp |
Techprecision Corp | 162,000 | 19,440 | |||||||
|
Tesla Motors Inc |
Tesla Motors Inc | 142 | 31,582 | |||||||
|
Textron Inc |
Textron Inc | 1,977 | 83,252 | |||||||
|
Thermo Fisher Scientific Inc |
Thermo Fisher Scientific Inc | 679 | 85,072 | |||||||
|
Tidewater Inc. |
Tidewater Inc. | 10 | 324 | |||||||
|
T-Mobile US Inc |
T-Mobile US Inc | 300 | 8,082 | |||||||
|
Transgenomic Inc |
Transgenomic Inc | 416 | 836 | |||||||
|
Transocean Ltd |
Transocean Ltd | 1,180 | 21,629 | |||||||
|
Travelers Cos Inc |
Travelers Cos Inc | 30 | 3,176 | |||||||
|
Triquint Semiconductor (acquired by rfmd 1/2/15) |
Triquint Semiconductor (acquired by rfmd 1/2/15) | 5,000 | 137,750 |
20
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
Twitter Inc |
Twitter Inc | 1,066 | 38,237 | |||||||
|
Tyson Foods Inc Cl A |
Tyson Foods Inc Cl A | 1,935 | 77,574 | |||||||
|
Union Pacific Corp. |
Union Pacific Corp. | 852 | 101,499 | |||||||
|
United Technologies Corp. |
United Technologies Corp. | 160 | 18,400 | |||||||
|
Us Global Nanospace Inc |
Us Global Nanospace Inc | 2,000 | 1 | |||||||
|
Valero Energy Corp New |
Valero Energy Corp New | 75 | 3,713 | |||||||
|
Varonis Systems Inc |
Varonis Systems Inc | 1,000 | 32,830 | |||||||
|
Ventas Inc |
Ventas Inc | 500 | 35,850 | |||||||
|
Veolia Environnement ADR |
Veolia Environnement ADR | 77 | 1,354 | |||||||
|
Verisign Inc. |
Verisign Inc. | 53 | 3,021 | |||||||
|
Verisk Analytics Inc CL A |
Verisk Analytics Inc CL A | 76 | 4,868 | |||||||
|
Verizon Communications |
Verizon Communications | 3,588 | 167,847 | |||||||
|
Vesta Insurance Group Inc |
Vesta Insurance Group Inc | 110 | 0 | |||||||
|
Vimpelcom Ltd Spon ADR |
Vimpelcom Ltd Spon ADR | 200 | 835 | |||||||
|
Visa Inc Class A Shares |
Visa Inc Class A Shares | 293 | 76,825 | |||||||
|
Wabtec |
Wabtec | 1,035 | 89,931 | |||||||
|
Walgreens Boots Alliance Inc |
Walgreens Boots Alliance Inc | 73 | 5,563 | |||||||
|
Wal-Mart Stores Inc |
Wal-Mart Stores Inc | 200 | 17,176 | |||||||
|
Waste Management Inc |
Waste Management Inc | 500 | 25,660 | |||||||
|
Wells Fargo & Co New |
Wells Fargo & Co New | 1,488 | 81,572 | |||||||
|
Westport Innovations Inc |
Westport Innovations Inc | 500 | 1,870 | |||||||
|
Whitewave Foods CoA |
Whitewave Foods CoA | 1,695 | 59,308 | |||||||
|
Whole Foods Market Inc. |
Whole Foods Market Inc. | 30 | 1,513 | |||||||
|
WPX Energy Inc |
WPX Energy Inc | 1,300 | 15,119 | |||||||
|
XL Group PLC |
XL Group PLC | 5 | 172 | |||||||
|
Yamana Gold Inc |
Yamana Gold Inc | 625 | 2,513 | |||||||
|
Yellow Media Ltd (ylwd.f 01/05/15) |
Yellow Media Ltd (ylwd.f 01/05/15) | 25 | 414 | |||||||
|
Yellow Media Ltd-Cw22 (ylwwf 01/05/15) |
Yellow Media Ltd-Cw22 (ylwwf 01/05/15) | 14 | 57 | |||||||
|
Yum! Brands Inc. |
Yum! Brands Inc. | 200 | 14,570 | |||||||
|
ZioPharm Oncology Inc |
ZioPharm Oncology Inc | 1,350 | 6,845 | |||||||
|
Zynga Inc |
Zynga Inc | 800 | 2,128 | |||||||
| | | | | | | | | | | |
|
Total common stocks |
112,406,517 | |||||||||
| | | | | | | | | | | |
|
Akre Focus Fund-Ret |
Akre Focus Fund-Ret | 2,267 | $ | 51,124 | ||||||
|
Alerian Mlp ETF |
Alerian Mlp ETF | 1,030 | 18,046 | |||||||
|
Amer Funds Capwrldbd A |
Amer Funds Capwrldbd A | 790 | 15,678 | |||||||
|
American FundsNew World Fun |
American FundsNew World Fun | 330,321 | 17,668,887 | |||||||
|
Baron Small Cap |
Baron Small Cap | 187 | 6,213 | |||||||
|
Brown Cap Small Co Instl |
Brown Cap Small Co Instl | 172 | 12,344 | |||||||
|
Calamos Conv Opp Inc Sbi |
Calamos Conv Opp Inc Sbi | 1,057 | 13,570 | |||||||
|
Calamos Convertible & High Income |
Calamos Convertible & High Income | 5,289 | 73,148 | |||||||
|
Calamos Global Total Return |
Calamos Global Total Return | 1,000 | 13,220 | |||||||
|
Cambria Shareholder Yield Et |
Cambria Shareholder Yield Et | 1,400 | 43,652 | |||||||
* |
City National Rochdale Dividend & Income Fund Cl N |
City National Rochdale Dividend & Income Fund Cl N | 10,655 | 388,888 | |||||||
* |
City National Rochdale Emerging Markets Fund Cl N |
City National Rochdale Emerging Markets Fund Cl N | 17,723 | 696,158 |
21
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
* |
City National Rochdale Fixed Income Opportunities Fund Cl N |
City National Rochdale Fixed Income Opportunities Fund Cl N | 63,708 | 1,639,217 | |||||||
* |
City National Rochdale Government Bond Fund Instl |
City National Rochdale Government Bond Fund Instl | 3,843,644 | 40,435,129 | |||||||
* |
City National Rochdale Government Bond Fund Svc |
City National Rochdale Government Bond Fund Svc | 30,464 | 320,178 | |||||||
* |
City Natl High Yield Bond-Sv |
City Natl High Yield Bond-Sv | 2,241 | 18,020 | |||||||
* |
CNR High Yield Bd FdIns #2645 |
CNR High Yield Bd FdIns #2645 | 3,428,650 | 27,566,343 | |||||||
|
Columbia Acorn Fund Y |
Columbia Acorn Fund Y | 755,614 | 24,640,567 | |||||||
|
Columbia Mid-Cap Value-Y |
Columbia Mid-Cap Value-Y | 415,225 | 7,062,979 | |||||||
|
Cty Natl Rochdale Corp Bd-Sv |
Cty Natl Rochdale Corp Bd-Sv | 66,992 | 704,084 | |||||||
|
Cty Natl Rochdale Us Cre-Srv |
Cty Natl Rochdale Us Cre-Srv | 21,448 | 283,751 | |||||||
|
Delaware Small Cap Value I |
Delaware Small Cap Value I | 510,076 | 28,079,701 | |||||||
|
Deutsche X Trackers 2020 Tar (delisted 05/19/15) |
Deutsche X Trackers 2020 Tar (delisted 05/19/15) | 705 | 19,740 | |||||||
|
Deutsche X Trackers 2040 Tar (delisted 05/19/15) |
Deutsche X Trackers 2040 Tar (delisted 05/19/15) | 205 | 6,244 | |||||||
|
Deutsche X-Trackers 2030 Tar (delisted 05/19/15) |
Deutsche X-Trackers 2030 Tar (delisted 05/19/15) | 445 | 13,150 | |||||||
|
Direxion Daily Latin America (lbj 5/20/15) |
Direxion Daily Latin America (lbj 5/20/15) | 106 | 1,269 | |||||||
|
Direxion Daily Tech Bear 3X (tecs 5/20/15) |
Direxion Daily Tech Bear 3X (tecs 5/20/15) | 1,200 | 13,548 | |||||||
|
Dodge & Cox Balanced |
Dodge & Cox Balanced | 1,171 | 119,965 | |||||||
|
Dodge & Cox Income |
Dodge & Cox Income | 1,003 | 13,825 | |||||||
|
Dodge & Cox Intl Stock |
Dodge & Cox Intl Stock | 453 | 19,084 | |||||||
|
Dodge & Cox Stock |
Dodge & Cox Stock | 164 | 29,631 | |||||||
|
Doubleline Total Return Bond N |
Doubleline Total Return Bond N | 1,395 | 15,298 | |||||||
|
Dreyfus Emerging Markets |
Dreyfus Emerging Markets | 1,625 | 15,082 | |||||||
|
Eagle Small Cap Growth R5 |
Eagle Small Cap Growth R5 | 632,734 | 34,813,017 | |||||||
|
Eaton Vance Fl Rate Adv-I |
Eaton Vance Fl Rate Adv-I | 4,981 | 53,745 | |||||||
|
Eaton Vance TaxManaged Glob |
Eaton Vance TaxManaged Glob | 6,427 | 60,992 | |||||||
|
Etfs Gold Trust |
Etfs Gold Trust | 256 | 29,658 | |||||||
|
EuroPacific Growth R6 |
EuroPacific Growth R6 | 794,077 | 37,393,095 | |||||||
|
Eventide Gilead Fund Class N |
Eventide Gilead Fund Class N | 451 | 11,908 | |||||||
|
Fidelity Contrafund |
Fidelity Contrafund | 282 | 27,667 | |||||||
|
Fidelity Leverage Co Stk |
Fidelity Leverage Co Stk | 599 | 27,156 | |||||||
|
Fidelity New Markets Inc |
Fidelity New Markets Inc | 633 | 9,659 | |||||||
|
Fidelity Sel Biotech |
Fidelity Sel Biotech | 24 | 5,282 | |||||||
|
Fidelity Sel Health Care |
Fidelity Sel Health Care | 95 | 20,610 | |||||||
|
Fidelity Sel Transportation |
Fidelity Sel Transportation | 61 | 5,878 | |||||||
|
Fidelity Sel Utilities |
Fidelity Sel Utilities | 260 | 19,569 | |||||||
|
First Eagle Sogen Global A |
First Eagle Sogen Global A | 577 | 30,278 | |||||||
|
First Trust Multi Cap Growth |
First Trust Multi Cap Growth | 3,000 | 146,520 | |||||||
|
Fpa New Income |
Fpa New Income | 1,565 | 15,838 | |||||||
|
Global X MSCI Columbia ETF |
Global X MSCI Columbia ETF | 333 | 4,282 | |||||||
|
Guggenheim S&P 500 Equal Weight |
Guggenheim S&P 500 Equal Weight | 3,150 | 252,158 |
22
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
Harbor Bond Inst |
Harbor Bond Inst | 1,668 | 20,116 | |||||||
|
Highland/Iboxx Senior Loan E |
Highland/Iboxx Senior Loan E | 1,634 | 31,373 | |||||||
|
Homestead Small Company Stock |
Homestead Small Company Stock | 258 | 10,123 | |||||||
|
Ishares Core S&P Small-Cap ETF |
Ishares Core S&P Small-Cap ETF | 825 | 94,100 | |||||||
|
Ishares Gold Trust |
Ishares Gold Trust | 4,735 | 54,168 | |||||||
|
iShares MSCI Germany ETF |
iShares MSCI Germany ETF | 75 | 2,056 | |||||||
|
ISHARES SILVER TRUST ISHARES |
ISHARES SILVER TRUST ISHARES | 2,101 | 31,641 | |||||||
|
iShares U.S. Energy ETF |
iShares U.S. Energy ETF | 222 | 9,948 | |||||||
|
Ivy High Income Fund I |
Ivy High Income Fund I | 2,707 | 21,845 | |||||||
|
Ivy High Income Fund-Cl Y |
Ivy High Income Fund-Cl Y | 1,206 | 9,729 | |||||||
|
Janus Global Unconstrained Bond-T |
Janus Global Unconstrained Bond-T | 253 | 2,482 | |||||||
|
John Hancock Disciplined Value Fund R6 |
John Hancock Disciplined Value Fund R6 | 2,137,932 | 40,577,939 | |||||||
|
John Hancock Pfd Income III |
John Hancock Pfd Income III | 2,000 | 35,740 | |||||||
|
John Hancock Preferred Income Fund |
John Hancock Preferred Income Fund | 2,000 | 40,820 | |||||||
|
Kayne Anderson Energy Total Return |
Kayne Anderson Energy Total Return | 1,500 | 41,775 | |||||||
|
Loomis Sayles Bond Fund-Retail |
Loomis Sayles Bond Fund-Retail | 718 | 10,591 | |||||||
|
Market Vectors Emer H/Y Bond |
Market Vectors Emer H/Y Bond | 1,800 | 41,346 | |||||||
|
Market Vectors Russia |
Market Vectors Russia | 2,000 | 29,260 | |||||||
|
Matthews India Fund |
Matthews India Fund | 187 | 4,935 | |||||||
|
Meridian Growth |
Meridian Growth | 942 | 34,250 | |||||||
|
Nuveen Credit Strategies Income Fund |
Nuveen Credit Strategies Income Fund | 3,124 | 27,398 | |||||||
|
Nuveen Nasdaq 100 Dynamic Ov |
Nuveen Nasdaq 100 Dynamic Ov | 1,490 | 28,673 | |||||||
|
Nuveen Pfd Income Opportunities Fund |
Nuveen Pfd Income Opportunities Fund | 4,219 | 40,334 | |||||||
|
Nuveen S&P 500 Buy-Write Inc |
Nuveen S&P 500 Buy-Write Inc | 1,039 | 12,579 | |||||||
|
Oakmark Equity & Inc I |
Oakmark Equity & Inc I | 1,043 | 33,277 | |||||||
|
Oakmark Global FundCL I |
Oakmark Global FundCL I | 1,295 | 37,763 | |||||||
|
Oppenheimer Developing Markets I |
Oppenheimer Developing Markets I | 1,823 | 63,921 | |||||||
|
PIMCO 1-5 Year US TIPS Index ETF |
PIMCO 1-5 Year US TIPS Index ETF | 100 | 5,173 | |||||||
|
Pimco All Asset Fund D |
Pimco All Asset Fund D | 4,333 | 50,305 | |||||||
|
Pimco Commodity Rr Strat D |
Pimco Commodity Rr Strat D | 2,952 | 13,018 | |||||||
|
Pimco Commoditypl Strat-Ins |
Pimco Commoditypl Strat-Ins | 11,972 | 91,948 | |||||||
|
Pimco Corporate & Income Opportunity Fund |
Pimco Corporate & Income Opportunity Fund | 1,045 | 16,616 | |||||||
|
Pimco High Income Fund |
Pimco High Income Fund | 3,184 | 35,820 | |||||||
|
Pimco Income Opportunity Fund |
Pimco Income Opportunity Fund | 1,040 | 26,052 | |||||||
|
Pimco Total Return Instl |
Pimco Total Return Instl | 2,958,189 | 31,534,299 | |||||||
|
Powershares DWA Developed Markets Momentum Portfolio |
Powershares DWA Developed Markets Momentum Portfolio | 2,908 | 69,879 | |||||||
|
Powershares DWA Smallcap Momentum Portfolio |
Powershares DWA Smallcap Momentum Portfolio | 6,500 | 253,760 | |||||||
|
Powershares DWS Momentum Portfolio |
Powershares DWS Momentum Portfolio | 2,533 | 104,005 | |||||||
|
Powershares QQQ Nasdaq 100 |
Powershares QQQ Nasdaq 100 | 100 | 10,325 | |||||||
|
Primecap Odyssey Aggr Growth |
Primecap Odyssey Aggr Growth | 357 | 11,750 | |||||||
|
Proshares Short High Yield |
Proshares Short High Yield | 400 | 11,196 | |||||||
|
Proshares Short QQQ |
Proshares Short QQQ | 425 | 25,279 | |||||||
|
Proshares TR Ultra Oil & Gas |
Proshares TR Ultra Oil & Gas | 1 | 54 |
23
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
Proshares Ultrashort Real Estate (srs 5/20/15) |
Proshares Ultrashort Real Estate (srs 5/20/15) | 653 | 8,313 | |||||||
|
Proshares Ultrashort S&P 500 |
Proshares Ultrashort S&P 500 | 1,400 | 30,870 | |||||||
|
Ranger Equity Bear ETF |
Ranger Equity Bear ETF | 700 | 8,001 | |||||||
|
Royce Special Equity Inv |
Royce Special Equity Inv | 544 | 12,430 | |||||||
|
Scout International |
Scout International | 386 | 12,574 | |||||||
|
Select Sector Spdr Utilities |
Select Sector Spdr Utilities | 1 | 47 | |||||||
|
SPDR Dow Jones Industrial Average ETF Trust |
SPDR Dow Jones Industrial Average ETF Trust | 30 | 5,336 | |||||||
|
SPDR GOLD TRUST GOLD SHS |
SPDR GOLD TRUST GOLD SHS | 230 | 26,123 | |||||||
|
SPDR Oil & Gas Export & Prod |
SPDR Oil & Gas Export & Prod | 150 | 7,179 | |||||||
|
SPDR Russell 3000 ETF |
SPDR Russell 3000 ETF | 36 | 5,570 | |||||||
|
SPDR S&P 500 ETF Trust |
SPDR S&P 500 ETF Trust | 490 | 100,715 | |||||||
|
Spdr S&P Dividend |
Spdr S&P Dividend | 1,336 | 105,277 | |||||||
|
Spdr S&P Midcap 400 EFT Trust |
Spdr S&P Midcap 400 EFT Trust | 350 | 92,390 | |||||||
|
Sprott Physical Gold Trust |
Sprott Physical Gold Trust | 1,683 | 16,443 | |||||||
|
T Rowe Price Retire 2035 |
T Rowe Price Retire 2035 | 5,603 | 93,349 | |||||||
|
T. Rowe Price Cap Apprec |
T. Rowe Price Cap Apprec | 2,773 | 72,456 | |||||||
|
T. Rowe Price Health Sci |
T. Rowe Price Health Sci | 703 | 47,800 | |||||||
|
Templeton Global Bond FdAd |
Templeton Global Bond FdAd | 1,217,880 | 15,113,889 | |||||||
|
Third Avenue Focused CRE Inv |
Third Avenue Focused CRE Inv | 1,187 | 11,498 | |||||||
|
Touchstone Small Cap Core Y |
Touchstone Small Cap Core Y | 11,381 | 218,407 | |||||||
|
Tweedy Browne Global Value |
Tweedy Browne Global Value | 10,864 | 282,892 | |||||||
|
Vanguard Dividend Apprec ETF |
Vanguard Dividend Apprec ETF | 945 | 76,696 | |||||||
|
Vanguard FTSE Developed Markets ETF |
Vanguard FTSE Developed Markets ETF | 410 | 15,531 | |||||||
|
Vanguard High Dividend Yield |
Vanguard High Dividend Yield | 200 | 13,750 | |||||||
|
Vanguard Index Tr Ext Market ETF |
Vanguard Index Tr Ext Market ETF | 950 | 83,401 | |||||||
|
Vanguard Inflation-Protected Securities Invst |
Vanguard Inflation-Protected Securities Invst | 216 | 2,849 | |||||||
|
Vanguard Large Cap Index Ins |
Vanguard Large Cap Index Ins | 334,030 | 65,516,691 | |||||||
|
Vanguard Mid Cap Index Ins |
Vanguard Mid Cap Index Ins | 328,279 | 11,092,535 | |||||||
|
Vanguard S/T Corp Bond Etf |
Vanguard S/T Corp Bond Etf | 70 | 5,574 | |||||||
|
Vanguard Small- Cap ETF |
Vanguard Small- Cap ETF | 340 | 39,664 | |||||||
|
Vanguard Small Cap Index- Inst |
Vanguard Small Cap Index- Inst | 257,207 | 14,370,160 | |||||||
|
Vanguard Smcp Idx |
Vanguard Smcp Idx | 115 | 6,398 | |||||||
|
Vanguard Specialized Div Growth Fd |
Vanguard Specialized Div Growth Fd | 2,632 | 60,769 | |||||||
|
Vanguard Target Retirement 2010 |
Vanguard Target Retirement 2010 | 18,028 | 474,496 | |||||||
|
Vanguard Target Retirement 2020 |
Vanguard Target Retirement 2020 | 141,612 | 4,030,268 | |||||||
|
Vanguard Target Retirement 2030 |
Vanguard Target Retirement 2030 | 200,940 | 5,835,309 | |||||||
|
Vanguard Target Retirement 2040 |
Vanguard Target Retirement 2040 | 121,974 | 3,629,951 | |||||||
|
Vanguard Target Retirement 2050 |
Vanguard Target Retirement 2050 | 85,433 | 2,530,511 | |||||||
|
Vanguard Target Retirement 2055 Fund Inv |
Vanguard Target Retirement 2055 Fund Inv | 23,401 | 748,359 | |||||||
|
Vanguard Target Retirement 2060 Fund |
Vanguard Target Retirement 2060 Fund | 6,829 | 192,580 | |||||||
|
Vanguard Tgt Retire Income |
Vanguard Tgt Retire Income | 63,475 | 819,465 | |||||||
|
Vanguard Tgt Retirement 2015 |
Vanguard Tgt Retirement 2015 | 225,988 | 3,455,356 | |||||||
|
Vanguard Tgt Retirement 2025 |
Vanguard Tgt Retirement 2025 | 365,693 | 6,044,912 |
24
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
|
Vanguard Tgt Retirement 2035 |
Vanguard Tgt Retirement 2035 | 286,492 | 5,111,019 | |||||||
|
Vanguard Tgt Retirement 2045 |
Vanguard Tgt Retirement 2045 | 214,578 | 4,001,874 | |||||||
|
Vanguard Total Stock Market ETF |
Vanguard Total Stock Market ETF | 355 | 37,630 | |||||||
|
Voya Global Real Estate Fund Class I |
Voya Global Real Estate Fund Class I | 7,143 | 145,138 | |||||||
|
William Blair Growth Fund I |
William Blair Growth Fund I | 2,233,562 | 32,230,302 | |||||||
| | | | | | | | | | | |
|
Total mutual funds |
473,395,445 | |||||||||
| | | | | | | | | | | |
|
Apl Ltd (ngls 3/02/15) |
Apl Ltd (ngls 3/02/15) | 1 | $ | 27 | ||||||
|
Atlas Energy LP (tgrp 3/02/15) |
Atlas Energy LP (tgrp 3/02/15) | 1 | 31 | |||||||
|
Crestwood Midstream Partners LP |
Crestwood Midstream Partners LP | 97 | 1,473 | |||||||
|
Energy Transfer Partners |
Energy Transfer Partners | 750 | 48,750 | |||||||
|
Enterprise Products Pptns LP |
Enterprise Products Pptns LP | 1,000 | 36,120 | |||||||
|
Linn Energy LLCUnits |
Linn Energy LLCUnits | 55 | 557 | |||||||
|
Oneok Partners LP |
Oneok Partners LP | 218 | 8,639 | |||||||
|
Suburban Propane L P |
Suburban Propane L P | 24 | 1,038 | |||||||
|
Tc Pipelines LP |
Tc Pipelines LP | 177 | 12,606 | |||||||
|
Vanguard Natural Resources |
Vanguard Natural Resources | 1,000 | 15,070 | |||||||
| | | | | | | | | | | |
|
Total partnerships |
124,311 | |||||||||
| | | | | | | | | | | |
|
Alibaba Group Holding-Sp Adr @116 1/17/15 |
Alibaba Group Holding-Sp Adr @116 1/17/15 | (10 | ) | $ | (269 | ) | ||||
|
Apple Inc @116.43 1/17/15 |
Apple Inc @116.43 1/17/15 | (2 | ) | (95 | ) | |||||
|
AT&T Inc @34 1/02/15 |
AT&T Inc @34 1/02/15 | (3 | ) | (6 | ) | |||||
|
Gopro Inc-Class A @70 1/02/15 |
Gopro Inc-Class A @70 1/02/15 | (2 | ) | (10 | ) | |||||
|
GW Pharmaceuticals -ADR @80 1/17/15 |
GW Pharmaceuticals -ADR @80 1/17/15 | (10 | ) | (291 | ) | |||||
|
Amazon.Com Inc @270 1/15/16 |
Amazon.Com Inc @270 1/15/16 | 2 | 4,035 | |||||||
|
Chesapeake Energy @20 1/17/15 |
Chesapeake Energy @20 1/17/15 | 100 | 7,886 | |||||||
|
Chesapeake Energy @25 1/17/15 |
Chesapeake Energy @25 1/17/15 | 100 | 600 | |||||||
|
Cliffs Natural Resources Inc @20 1/17/15 |
Cliffs Natural Resources Inc @20 1/17/15 | 100 | 23 | |||||||
|
Cliffs Natural Resources Inc @25 1/17/15 |
Cliffs Natural Resources Inc @25 1/17/15 | 20 | 4 | |||||||
|
Financial Select Sector Spdr @25 3/20/15 |
Financial Select Sector Spdr @25 3/20/15 | 5 | 315 | |||||||
|
Horizon Pharma PLC @8 1/15/16 |
Horizon Pharma PLC @8 1/15/16 | 4 | 1,980 | |||||||
|
Jetblue Airways Corp @15 1/15/16 |
Jetblue Airways Corp @15 1/15/16 | 4 | 1,280 | |||||||
|
Netflix Inc @180 1/15/16 |
Netflix Inc @180 1/15/16 | 3 | 1,247 | |||||||
|
Nuance Communications Inc @18 1/17/15 |
Nuance Communications Inc @18 1/17/15 | 40 | 175 | |||||||
|
Oasis Petroleum Inc @17 1/17/15 |
Oasis Petroleum Inc @17 1/17/15 | 3 | 421 | |||||||
|
S&P 100 index @905 1/02/15 |
S&P 100 index @905 1/02/15 | 2 | 480 | |||||||
|
S&P 100 Index @915 1/02/15 |
S&P 100 Index @915 1/02/15 | 2 | 1,440 | |||||||
|
Sally Beauty Holdings Inc @25 3/20/15 |
Sally Beauty Holdings Inc @25 3/20/15 | 4 | 2,352 | |||||||
|
Sandridge Energy Inc @5 1/17/15 |
Sandridge Energy Inc @5 1/17/15 | 100 | 100 | |||||||
|
Sandridge Energy Inc @7 1/15/16 |
Sandridge Energy Inc @7 1/15/16 | 100 | 600 | |||||||
|
Sandridge Energy Inc @7 1/17/15 |
Sandridge Energy Inc @7 1/17/15 | 400 | 400 | |||||||
|
Spdr S&P Regional Banking @40 1/17/15 |
Spdr S&P Regional Banking @40 1/17/15 | 3 | 333 | |||||||
|
Urban Outfitters Inc @28 1/15/16 |
Urban Outfitters Inc @28 1/15/16 | 4 | 636 | |||||||
|
Urban Outfitters Inc @28 1/17/15 |
Urban Outfitters Inc @28 1/17/15 | 4 | 13 | |||||||
|
Weatherford International Pl @20 1/15/16 |
Weatherford International Pl @20 1/15/16 | 4 | 131 | |||||||
|
Weatherford International Pl @24 2/20/15 |
Weatherford International Pl @24 2/20/15 | 4 | 0 | |||||||
|
Sandridge Mississippian Tr Units |
Sandridge Mississippian Tr Units | 95 | 377 |
25
CITY NATIONAL CORPORATION
PROFIT SHARING PLAN
EIN: 95-2568550 PN: 001
Attachment to 2014 Form 5500
Schedule H Part IV, Line 4(i)Schedule of Assets (Held at End of Year) (Continued)
December 31, 2014
(a)
|
(b) Identity of issuer, borrower, lessor, or similar party |
(c) Description of investment, including maturity date, rate of interest, collateral, par or maturity value |
(d) Number of shares |
(e) Current value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| | | | | | | | | | | |
|
Total other assets |
24,157 | |||||||||
| | | | | | | | | | | |
* |
CNC PARTICIPANT LOAN |
1,026 PARTICIPANT LOANS, BEARING INTEREST AT 4.25% TO 10.00% AND MATURITIES THROUGH OCTOBER 2029 | $ | 13,245,492 | |||||||
| | | | | | | | | | | |
|
$ | 644,471,763 | |||||||||
| | | | | | | | | | | |
| | | | | | | | | | | |
| | | | | | | | | | | |
See accompanying report of independent registered public accounting firm.
26