Sincerity: People and Values will reduce the deficit and debt to reasonable levels. Frankly, we see that as a  combination of hope and speculation. One can run neither a company nor a  country on that foundation. We budget first the things we can control, namely  expenses. We implore our elected leaders to make 2013 the year that they  cut expenditures to balance the budget and rely on revenue growth to further  reduce the debt. We must balance the budget and pay down the debt…by  trillions, not billions. Now. We can’t say enough about the commitment and capability of our 400  Century Associates. When foul weather, family calamity, or industry changes  bring challenges, our colleagues faultlessly respond with time, ability and  ingenuity. A great many of them have worked together for decades, a rare  condition in our industry that makes our teamwork superb. Most of the  achievements described above are the result of the talent and resourcefulness  of the Century team. Finally, we see so clearly our family and corporate values of industry, fairness,  and community. The more we watch the revealed unethical behavior of many  of our “giant” competitors, through their government fines and settlements,  the more pride we bring every day to our mission. We thank our shareholders,  our clients, our associates, and our communities, for their confidence and  relationships. We will endeavor to make 2013 another year of achievement  through ability. Gratefully, Barry R. Sloane President and CEO