X0303 4 2010-08-23 0 0001072847 TOWER FINANCIAL CORP TOFC 0001209282 TIPPMAN JOHN V SR 9009 COLDWATER ROAD FORT WAYNE IN 46825 1 0 0 0 Common Stock 2010-08-23 4 P 0 157480 6.35 A 544132 D Shares of common stock purchased in connection with the Issuer's July 2010 private placement transaction, in accordance with the Subscription Agreement, dated July 19, 2010, between the Issuer and the Reporting Person. The proceeds of such transaction were held in escrow pending approval from the Federal Reserve Board. Such approval was received and the funds were released. John V. Tippmann, Sr. 2010-08-25