Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
JNJ	JOHNSON & JOHNSON	96,520	$8.287M	4.0%	$85.86 *	$59.66	+1.6%	COM	478160104
XOM	EXXON MOBIL CORPORATION	88,200	$7.969M	3.8%	$90.35 *	$53.69	+0.7%	COM	30231G102
—	PROVIDENT NEW YORK BANCORP COM	740,340	$6.915M	3.3%	$9.34	$9.34	—	COM	744028101
—	MEDTRONIC INC	129,191	$6.649M	3.2%	$51.47	$51.47	—	COM	585055106
ISRG	INTUITIVE SURGICAL INC	12,600	$6.377M	3.1%	$506.11 *	$55.09	+2.1%	COM	46120E602
CVX	CHEVRONTEXACO CORP	53,256	$6.302M	3.0%	$118.33 *	$71.30	-1.7%	COM	166764100
HD	HOME DEPOT INC	78,563	$6.084M	2.9%	$77.44 *	$56.05	+3.5%	COM	437076102
—	GENERAL ELECTRIC COMPANY COM	250,237	$5.803M	2.8%	$23.19	$23.19	—	COM	369604103
PG	PROCTER & GAMBLE CO	64,105	$4.935M	2.4%	$76.98 *	$55.00	-1.7%	COM	742718109
PEP	PEPSICO INCORPORATED	57,555	$4.707M	2.3%	$81.78 *	$56.00	+0.7%	COM	713448108
MSFT	MICROSOFT CORP	135,890	$4.694M	2.2%	$34.54 *	$26.70	+5.8%	COM	594918104
VZ	VERIZON COMMUNICATIONS	92,910	$4.677M	2.2%	$50.34 *	$27.04	-1.3%	COM	92343V104
PFE	PFIZER INCORPORATED	154,106	$4.317M	2.1%	$28.01 *	$16.46	-3.5%	COM	717081103
ORCL	ORACLE CORPORATION	139,026	$4.27M	2.0%	$30.71 *	$27.58	-7.4%	COM	68389X105
OBT	ORANGE COUNTY BANCORP INC COM	104,330	$4.121M	2.0%	$39.50 *	$9.89	+0.8%	COM	68417L107
INTC	INTEL CORP	170,013	$4.119M	2.0%	$24.23 *	$17.18	+2.9%	COM	458140100
TMO	THERMO ELECTRON CORP	47,766	$4.042M	1.9%	$84.62 *	$79.76	+1.8%	COM	883556102
WMT	WAL-MART STORES INC	53,710	$4.001M	1.9%	$74.49 *	$19.98	-2.9%	COM	931142103
—	ACTAVIS INC	30,525	$3.853M	1.8%	$126.22	$126.22	—	COM	00507K103
CVS	C V S CORP DEL	66,374	$3.795M	1.8%	$57.18 *	$41.44	-1.2%	COM	126650100
JPM	JP MORGAN CHASE & CO	69,979	$3.694M	1.8%	$52.79 *	$36.24	+3.9%	COM	46625H100
EMR	EMERSON ELECTRIC CO	67,576	$3.686M	1.8%	$54.55 *	$40.02	-2.7%	COM	291011104
IBM	INTL BUSINESS MACHINES	18,742	$3.582M	1.7%	$191.12 *	$118.94	-6.0%	COM	459200101
COP	CONOCOPHILLIPS	57,049	$3.451M	1.7%	$60.49 *	$39.96	+0.1%	COM	20825C104
HAL	HALLIBURTON COMPANY	82,671	$3.449M	1.6%	$41.72 *	$33.21	+0.0%	COM	406216101
T	AT & T INC	94,739	$3.354M	1.6%	$35.40 *	$11.40	-3.6%	COM	00206R102
CSCO	CISCO SYSTEMS INC	135,532	$3.298M	1.6%	$24.33 *	$15.24	+8.2%	COM	17275R102
MRK	MERCK & CO INC	64,354	$2.989M	1.4%	$46.45 *	$30.02	-0.0%	COM	58933Y105
—	CHUBB CORPORATION	32,281	$2.733M	1.3%	$84.66	$84.66	—	COM	171232101
BA	BOEING CO	25,822	$2.645M	1.3%	$102.43 *	$80.37	+8.0%	COM	097023105
BMY	BRISTOL-MYERS SQUIBB CO	55,495	$2.48M	1.2%	$44.69 *	$28.67	+3.0%	COM	110122108
BAC	BANK AMERICA CORP	190,069	$2.444M	1.2%	$12.86 *	$10.03	+0.9%	COM	060505104
ADP	AUTO DATA PROCESSING	34,442	$2.372M	1.1%	$68.87 *	$45.09	+1.8%	COM	053015103
WFC	WELLS FARGO & CO NEW	56,330	$2.325M	1.1%	$41.27 *	$27.36	+6.2%	COM	949746101
—	CITRIX SYSTEMS INC	38,241	$2.308M	1.1%	$60.35	$60.35	—	COM	177376100
—	3M COMPANY	18,245	$1.995M	1.0%	$109.35	$109.35	—	COM	885794101
GS	GOLDMAN SACHS GROUP INC	13,045	$1.973M	0.9%	$151.25 *	$120.06	-0.6%	COM	38141G104
—	EXPRESS SCRIPTS A	31,365	$1.936M	0.9%	$61.72	$61.72	—	COM	30219G108
SYY	SYSCO CORPORATION	53,775	$1.837M	0.9%	$34.16 *	$24.40	-0.8%	COM	871829107
—	PRECISION CASTPARTS CORP COM	7,775	$1.757M	0.8%	$225.98	$225.98	—	COM	740189105
BK	THE BANK OF NY MELLON CORP	60,431	$1.695M	0.8%	$28.05 *	$21.22	-2.2%	COM	064058100
—	TIME WARNER INC	28,324	$1.638M	0.8%	$57.83	$57.83	—	COM	00184A105
CAH	CARDINAL HEALTH INC	34,300	$1.619M	0.8%	$47.20 *	$32.61	+4.0%	COM	14149Y108
PSX	PHILLIPS 66	27,035	$1.593M	0.8%	$58.92 *	$40.44	-6.0%	COM	718546104
MCD	MCDONALDS CORPORATION	15,602	$1.545M	0.7%	$99.03 *	$71.80	-0.6%	COM	580135101
MDLZ	MONDELIZ INTL INC	53,755	$1.534M	0.7%	$28.54 *	$23.16	-5.8%	COM	609207105
—	KRAFT FOODS INC	26,634	$1.488M	0.7%	$55.87	$55.87	—	COM	50075N104
—	ROYAL DUTCH SHELL SPON ADR COM	22,880	$1.46M	0.7%	$63.81	$63.81	—	COM	780259206
—	DOW CHEMICAL COMPANY	41,994	$1.351M	0.6%	$32.17	$32.17	—	COM	260543103
—	COVIDIEN LTD	18,076	$1.136M	0.5%	$62.85	$62.85	—	COM	G2552X108
MO	ALTRIA GROUP INC	32,146	$1.125M	0.5%	$35.00 *	$16.28	-1.6%	COM	02209S103
—	BERKSHIRE BANCP INC DEL	135,991	$1.081M	0.5%	$7.95	$7.95	—	COM	084597202
—	E M C CORP MASS	44,141	$1.043M	0.5%	$23.63	$23.63	—	COM	268648102
PNC	PNC FINANCIAL SERVICES	14,254	$1.039M	0.5%	$72.89 *	$47.34	+5.4%	COM	693475105
GLW	CORNING INC	69,957	$995K	0.5%	$14.22 *	$10.49	-1.7%	COM	219350105
—	ABBVIE INC	23,032	$952K	0.5%	$41.33	$41.33	—	COM	002874109
IFF	INTL FLAVOR & FRAGRANCES COM	12,300	$924K	0.4%	$75.12 *	$58.18	-3.1%	COM	459506101
CMC	COMMERCIAL METALS CO	58,518	$864K	0.4%	$14.76 *	$11.15	+0.4%	COM	201723103
QCOM	QUALCOMM INC	13,775	$841K	0.4%	$61.05 *	$45.06	-3.9%	COM	747525103
ABT	ABBOTT LABORATORIES	23,857	$832K	0.4%	$34.87 *	$28.85	-4.9%	COM	002824100
PM	PHILIP MORRIS INTL INC	9,469	$820K	0.4%	$86.60 *	$49.85	-5.9%	COM	718172109
MET	METLIFE INC	17,829	$816K	0.4%	$45.77 *	$24.43	+11.2%	COM	59156R108
—	ALTEVA	81,176	$802K	0.4%	$9.88	$9.88	—	COM	02153V102
PFF	ISHARES TR S&P US PFD	19,725	$775K	0.4%	$39.29	$40.20	-2.3%	COM	464288687
AAPL	APPLE COMPUTER INC	1,864	$739K	0.4%	$396.46 *	$13.16	-7.7%	COM	037833100
KO	COCA COLA COMPANY	18,358	$736K	0.4%	$40.09 *	$27.85	-2.6%	COM	191216100
—	UNITED TECHNOLOGIES CORP COM	7,806	$725K	0.3%	$92.88	$92.88	—	COM	913017109
—	TYCO INTL LTD NEW	19,572	$645K	0.3%	$32.96	$32.96	—	COM	902124106
NOC	NORTHROP GRUMMAN CORP	7,290	$604K	0.3%	$82.85 *	$62.64	+6.8%	COM	666807102
—	DU PONT E I DO NEMOUR	11,033	$579K	0.3%	$52.48	$52.48	—	COM	263534109
—	SPECTRA ENERGY CORP	15,166	$523K	0.3%	$34.49	$34.49	—	COM	847560109
—	TOTAL S A ADR	10,725	$522K	0.2%	$48.67	$48.67	—	COM	89151E109
NVS	NOVARTIS AG ADR	7,300	$516K	0.2%	$70.68	$72.61	-2.6%	COM	66987V109
PPL	PPL CORPORATION	16,805	$509K	0.2%	$30.29 *	$16.36	-1.5%	COM	69351T106
AMGN	AMGEN INC	5,142	$507K	0.2%	$98.60 *	$73.34	-4.7%	COM	031162100
CAG	CONAGRA FOODS INC	13,950	$487K	0.2%	$34.91 *	$17.69	+0.7%	COM	205887102
—	KINDER MORGAN ENERGY LP	5,622	$480K	0.2%	$85.38	$85.38	—	COM	494550106
—	NEXTRA ENERGY INC.	5,614	$457K	0.2%	$81.40	$81.40	—	COM	302571104
—	CAPLEASE INC	53,400	$451K	0.2%	$8.45	$8.45	—	COM	140288101
BCPC	BALCHEM CORP	9,660	$432K	0.2%	$44.72 *	$41.81	+0.1%	COM	057665200
—	BLACKROCK INC	1,648	$423K	0.2%	$256.67	$256.67	—	COM	09247X101
TEVA	TEVA PHARM INDS LTD ADRF COM	10,536	$413K	0.2%	$39.20	$38.94	+0.7%	COM	881624209
ITW	ILLINOIS TOOL WORKS INC	5,950	$412K	0.2%	$69.24 *	$49.85	+4.0%	COM	452308109
RSG	REPUBLIC SERVICES INC	11,990	$407K	0.2%	$33.94 *	$26.37	+1.2%	COM	760759100
RMD	RESMED INC	9,000	$406K	0.2%	$45.11 *	$40.00	-4.7%	COM	761152107
NSC	NORFOLK SOUTHERN CORP	5,452	$396K	0.2%	$72.63 *	$57.67	-4.6%	COM	655844108
JFBC	JEFFERSONVILLE BANCORP	36,342	$395K	0.2%	$10.87 *	$11.21	0.0%	COM	47559A103
TD	TORONTO DOMINION BK	4,870	$391K	0.2%	$80.29 *	$40.27	-0.2%	COM	891160509
EQT	EQT CORPORATION	4,850	$385K	0.2%	$79.38 *	$37.67	+5.1%	COM	26884L109
LLY	ELI LILLY & COMPANY	7,712	$379K	0.2%	$49.14 *	$42.21	-9.3%	COM	532457108
—	ADT CORPORATION	9,364	$373K	0.2%	$39.83	$39.83	—	COM	00101J106
DUK	DUKE ENERGY CORPORATION	5,335	$360K	0.2%	$67.48 *	$41.83	-4.0%	COM	26441C204
LOW	LOWES COMPANIES INC	8,479	$347K	0.2%	$40.92 *	$32.16	+1.7%	COM	548661107
CAT	CATERPILLAR INC	4,195	$346K	0.2%	$82.48 *	$61.55	-2.9%	COM	149123101
ED	CONSOLIDATED ENDISON INC COM	5,719	$333K	0.2%	$58.23 *	$37.50	-2.4%	COM	209115104
MTB	M & T BANK CORP	2,981	$333K	0.2%	$111.71 *	$72.91	+8.9%	COM	55261F104
SNY	SANOFI AVENTIS	6,375	$328K	0.2%	$51.45	$53.28	-3.3%	COM	80105N105
AZN	ASTRAZENECA PLC	6,680	$316K	0.2%	$47.31	$47.31	—	COM	046353108
CL	COLGATE-PALMOVILE CO	5,513	$316K	0.2%	$57.32 *	$44.38	-3.4%	COM	194162103
—	RAYTHEON COMPANY NEW	4,780	$316K	0.2%	$66.11	$66.11	—	COM	755111507
MDU	M D U RESOURCES GROUP INC COM	11,946	$310K	0.1%	$25.95 *	$6.58	+2.9%	COM	552690109
BP	BP PLC ADR	7,429	$310K	0.1%	$41.73	$42.56	-1.9%	COM	055622104
GLD	STREETRACKS GOLD TRUST	2,602	$310K	0.1%	$119.14	$136.97	-13.0%	COM	78463V107
DIS	DISNEY WALT HOLDING CO	4,857	$307K	0.1%	$63.21 *	$56.11	-0.0%	COM	254687106
—	GOOGLE INC CLASS A	313	$276K	0.1%	$881.79	$881.79	—	COM	38259P508
HON	HONEYWELL INTERNATIONAL	3,385	$269K	0.1%	$79.47 *	$53.13	+3.6%	COM	438516106
SLB	SCHLUMBERGER LTD	3,727	$267K	0.1%	$71.64 *	$52.90	-2.9%	COM	806857108
—	PENTAIR INC	4,292	$248K	0.1%	$57.78	$57.78	—	COM	H6169Q108
OXY	OCCIDENTAL PETE CORP	2,761	$246K	0.1%	$89.10 *	$57.83	+1.7%	COM	674599105
SCHW	THE CHARLES SCHWAB CORP	11,395	$242K	0.1%	$21.24 *	$15.92	+15.1%	COM	808513105
USB	US BANCORP DEL NEW	6,640	$240K	0.1%	$36.14 *	$22.41	+6.0%	COM	902973304
ALCO	ALICO INC	5,952	$239K	0.1%	$40.15 *	$36.45	-8.2%	COM	016230104
—	NABORS INDS INC	14,750	$226K	0.1%	$15.32	$15.32	—	COM	G6359F103
—	ST JUDE MEDICAL INC	4,900	$224K	0.1%	$45.71	$45.71	—	COM	790849103
DRI	DARDEN RESTAURANTS INC	4,436	$224K	0.1%	$50.50 *	$31.32	-2.3%	COM	237194105
SO	THE SOUTHERN COMPANY	4,801	$212K	0.1%	$44.16 *	$26.74	-3.7%	COM	842587107
—	NEW YORK COMNTY BANCORP	12,356	$173K	0.1%	$14.00	$14.00	—	COM	649445103
—	CHINDEX INTERNATIONAL INC COM	10,000	$162K	0.1%	$16.20	$16.20	—	COM	169467107
WEN	WENDYS CO	12,200	$71,000	0.0%	$5.82	$5.79	+0.6%	COM	95058W100
—	ZALICUS INC	11,000	$6,000	0.0%	$0.55	$0.55	—	COM	98887C105
—	DISCOVERY CORP ENTERPRISES INC COM	34,000	$2,000	0.0%	$0.06	$0.06	—	COM	25466Y109
CHMR	CHIMERA ENERGY CORP	16,600	$0	0.0%	$0.00	—	—	COM	16934U100
—	RSTK INTERLINK US NETWORKS COM	45,000	$0	0.0%	$0.00	—	—	COM	45875T905
ASPR	ADSOUTH PARTNERS INC	10,001	$0	0.0%	$0.00	$0.00	0.0%	COM	00737M200
—	VENTANA BIOTECH INC	10,000	$0	0.0%	$0.00	—	—	COM	92277F109
—	WESTMONT RESOURCES INC	147,750	$0	0.0%	$0.00	—	—	COM	96081P302
—	BOREAL WATER COLLECTION INC COM	35,700	$0	0.0%	$0.00	—	—	COM	09971P100