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]

For the fiscal year ended December 31, 2014

OR

o

 

TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

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)



REQUIRED INFORMATION

 
   
Item 1.   Not Applicable

Item 2.

 

Not Applicable

Item 3.

 

Not Applicable

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.


SIGNATURES

        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


Index to Exhibits

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

 
  Page  

Report of Independent Registered Public Accounting Firm

    1  

Statements of Net Assets Available for Benefits—December 31, 2014 and 2013

   
2
 

Statements of Changes in Net Assets Available for Benefits—Years ended December 31, 2014 and 2013

   
3
 

Notes to Financial Statements

   
4
 

Supplemental Schedule

   
 
 

Schedule H Part IV, Line 4(i)—Schedule of Assets (Held at End of Year)—December 31, 2014

   
14
 

        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 4i—Schedule 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 4i—Schedule 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 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 Index—Inst

    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  

*
Less than 5% as of December 31, 2014, included for comparative purposes

        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 & Iron—Ny Reg

  Chicago Bridge & Iron—Ny 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 SA—ADR

  Gafisa SA—ADR     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 Co—A

  Whitewave Foods Co—A     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 Funds—New World Fun

  American Funds—New 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 Fd—Ins #2645

  CNR High Yield Bd Fd—Ins #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 Tax—Managed Glob

  Eaton Vance Tax—Managed 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 Fund—CL I

  Oakmark Global Fund—CL 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 Fd—Ad

  Templeton Global Bond Fd—Ad     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 LLC—Units

  Linn Energy LLC—Units     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  

*
Denotes Party-In-Interest asset

   

See accompanying report of independent registered public accounting firm.

26