Investor Presentaiton

Sioux Falls has seen strong home price appreciation. FDIC Bakersfield, CA Las Vegas, NV Minneapolis Rapid City Bismarck Grand Forks Fargo St. Louis Springfield Sioux Falls Rochester Des Moines Wichita Kansas City Lincoln Sioux City Omaha 100 120 2006 Q1 2006Q1 2006Q2 Indexed Home Values 1Q2000 = 100 Indexed Value/QQ:YY as of 4Q:17 Value/QQ:YY as of 4Q:07 220 240 260 280 300 140 200 160 180 Source: Moody's Data Buffet, Core Logic, Case-Shiller Home Price Index.

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