Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
JNJ	JOHNSON & JOHNSON	91,322	$7.917M	3.9%	$86.69 *	$59.66	+3.4%	COM	478160104
—	PROVIDENT NEW YORK BANCP	717,325	$7.812M	3.8%	$10.89	$9.34	—	COM	744028101
XOM	EXXON MOBIL CORPORATION	90,542	$7.79M	3.8%	$86.04 *	$53.70	-3.5%	COM	30231G102
CVX	CHEVRONTEXACO CORP	53,215	$6.466M	3.1%	$121.51 *	$71.30	+1.8%	COM	166764100
—	GENERAL ELECTRIC COMPANY	261,326	$6.243M	3.0%	$23.89	$23.22	—	COM	369604103
HD	HOME DEPOT INC	77,938	$5.912M	2.9%	$75.86 *	$56.05	+1.8%	COM	437076102
PG	PROCTER & GAMBLE CO	60,867	$4.601M	2.2%	$75.59 *	$55.00	-2.8%	COM	742718109
MSFT	MICROSOFT CORP	137,453	$4.574M	2.2%	$33.28 *	$26.71	+2.6%	COM	594918104
ORCL	ORACLE CORPORATION	137,427	$4.558M	2.2%	$33.17 *	$27.58	+0.4%	COM	68389X105
VZ	VERIZON COMMUNICATIONS	95,688	$4.466M	2.2%	$46.67 *	$27.01	-7.5%	COM	92343V104
PEP	PEPSICO INCORPORATED	56,095	$4.46M	2.2%	$79.51 *	$56.00	-1.5%	COM	713448108
TMO	THERMO ELECTRON CORP	47,766	$4.402M	2.1%	$92.16 *	$79.76	+11.0%	COM	883556102
OBT	ORANGE CNTY BANCORP INC	111,734	$4.402M	2.1%	$39.40 *	$9.89	-0.1%	COM	68417L107
—	ACTAVIS PLC	30,350	$4.37M	2.1%	$143.99	$126.22	—	COM	00507K103
EMR	EMERSON ELECTRIC CO	67,485	$4.366M	2.1%	$64.70 *	$40.02	+16.2%	COM	291011104
PFE	PFIZER INCORPORATED	149,404	$4.292M	2.1%	$28.73 *	$16.46	-0.2%	COM	717081103
WMT	WAL-MART STORES INC	55,826	$4.129M	2.0%	$73.96 *	$19.98	-2.9%	COM	931142103
INTC	INTEL CORP	179,002	$4.103M	2.0%	$22.92 *	$17.16	-1.6%	COM	458140100
HAL	HALLIBURTON COMPANY	83,921	$4.041M	2.0%	$48.15 *	$33.27	+15.5%	COM	406216101
JPM	JP MORGAN CHASE & CO	76,388	$3.948M	1.9%	$51.68 *	$36.43	+1.9%	COM	46625H100
COP	CONOCOPHILLIPS	56,475	$3.926M	1.9%	$69.52 *	$39.96	+16.2%	COM	20825C104
CVS	C V S CORP DEL	68,810	$3.905M	1.9%	$56.75 *	$41.48	-1.7%	COM	126650100
IBM	INTL BUSINESS MACHINES	19,126	$3.542M	1.7%	$185.19 *	$118.79	-8.3%	COM	459200101
T	AT & T INC	103,437	$3.498M	1.7%	$33.82 *	$11.36	-6.1%	COM	00206R102
CSCO	CISCO SYSTEMS INC	140,356	$3.289M	1.6%	$23.43 *	$15.30	+4.5%	COM	17275R102
BA	BOEING CO	25,660	$3.015M	1.5%	$117.50 *	$80.37	+24.5%	COM	097023105
MRK	MERCK & CO INC	61,835	$2.944M	1.4%	$47.61 *	$30.02	+3.4%	COM	58933Y105
—	CHUBB CORPORATION	31,449	$2.807M	1.4%	$89.26	$84.66	—	COM	171232101
—	CITRIX SYSTEMS INC	38,402	$2.712M	1.3%	$70.62	$60.35	—	COM	177376100
BAC	BANKAMERICA CORP	193,564	$2.671M	1.3%	$13.80 *	$10.05	+8.1%	COM	060505104
WFC	WELLS FARGO & CO NEW	63,303	$2.616M	1.3%	$41.33 *	$27.68	+5.9%	COM	949746101
BMY	BRISTOL-MYERS SQUIBB CO	54,567	$2.525M	1.2%	$46.27 *	$28.67	+7.5%	COM	110122108
ADP	AUTO DATA PROCESSING	34,592	$2.504M	1.2%	$72.39 *	$45.09	+7.7%	COM	053015103
—	3M COMPANY	18,246	$2.179M	1.1%	$119.42	$109.35	—	COM	885794101
—	EXPRESS SCRIPTS A	34,387	$2.125M	1.0%	$61.80	$61.73	—	COM	30219G108
GS	GOLDMAN SACHS GROUP INC	13,179	$2.085M	1.0%	$158.21 *	$120.14	+4.2%	COM	38141G104
BK	THE BANK OF NY MELLON CORP	61,910	$1.869M	0.9%	$30.19 *	$21.26	+5.6%	COM	064058100
—	TIME WARNER INC	28,275	$1.861M	0.9%	$65.82	$57.83	—	COM	00184A105
SYY	SYSCO CORPORATION	55,982	$1.782M	0.9%	$31.83 *	$24.39	-6.7%	COM	871829107
—	PRECISION CASTPARTS CORP	7,750	$1.761M	0.9%	$227.23	$225.98	—	COM	740189105
—	ROYAL DUTCH SHELL SPON ADR	26,791	$1.76M	0.9%	$65.69	$64.09	—	COM	780259206
CAH	CARDINAL HEALTH INC	33,700	$1.757M	0.9%	$52.14 *	$32.61	+15.6%	COM	14149Y108
—	DOW CHEMICAL COMPANY	43,344	$1.664M	0.8%	$38.39	$32.36	—	COM	260543103
MDLZ	MONDELEZ INTL INC CL A	52,725	$1.657M	0.8%	$31.43 *	$23.16	+4.2%	COM	609207105
—	KRAFT FOODS GROUP INC COM	29,324	$1.539M	0.7%	$52.48	$55.56	—	COM	50075N104
PSX	PHILLIPS 66	25,540	$1.477M	0.7%	$57.83 *	$40.44	-7.3%	COM	718546104
MCD	MCDONALDS CORP	15,300	$1.472M	0.7%	$96.21 *	$71.80	-2.6%	COM	580135101
AAPL	APPLE COMPUTER INC	3,038	$1.448M	0.7%	$476.63 *	$13.59	+8.2%	COM	037833100
—	COVIDIEN LTD	19,564	$1.192M	0.6%	$60.93	$62.70	—	COM	G2552X108
—	E M C CORP MASS	46,301	$1.183M	0.6%	$25.55	$23.72	—	COM	268648102
GLW	CORNING INC	77,235	$1.127M	0.5%	$14.59 *	$10.51	+1.2%	COM	219350105
PNC	PNC FINANCIAL SERVICES	15,404	$1.116M	0.5%	$72.45 *	$47.64	+4.6%	COM	693475105
—	BERKSHIRE BANCP INC DEL	134,116	$1.076M	0.5%	$8.02	$7.95	—	COM	084597202
CMC	COMMERCIAL METALS CO	58,418	$990K	0.5%	$16.95 *	$11.15	+16.2%	COM	201723103
IFF	INTL FLAVOR & FRAGRANCES	11,950	$983K	0.5%	$82.26 *	$58.18	+6.6%	COM	459506101
QCOM	QUALCOMM INC	14,535	$978K	0.5%	$67.29 *	$45.13	+6.3%	COM	747525103
—	ABBVIE INC COM	20,807	$931K	0.5%	$44.74	$41.33	—	COM	002874109
MET	METLIFE INC	18,365	$862K	0.4%	$46.94 *	$24.56	+14.1%	COM	59156R108
—	DU PONT E I DE NEMOUR&CO	14,345	$840K	0.4%	$58.56	$53.88	—	COM	263534109
KO	COCA COLA COMPANY	19,999	$758K	0.4%	$37.90 *	$27.77	-7.0%	COM	191216100
CAT	CATERPILLAR INC	8,870	$740K	0.4%	$83.43 *	$61.60	-1.2%	COM	149123101
—	UNITED TECHNOLOGIES CORP	6,700	$722K	0.4%	$107.76	$92.88	—	COM	913017109
ABT	ABBOTT LABORATORIES	21,707	$720K	0.4%	$33.17 *	$28.85	-9.1%	COM	002824100
PFF	ISHARES TR S&P US PFD STK INDE	18,925	$719K	0.3%	$37.99	$40.20	-5.5%	COM	464288687
NOC	NORTHROP GRUMMAN CORP	7,265	$692K	0.3%	$95.25 *	$62.64	+23.7%	COM	666807102
—	TYCO INTL LTD NEW	19,460	$681K	0.3%	$34.99	$32.96	—	COM	902124106
—	TOTAL FINA ELF S A ADR	11,480	$665K	0.3%	$57.93	$49.28	—	COM	89151E109
TD	TORONTO DOMINION BK	6,865	$618K	0.3%	$90.02 *	$40.92	+10.0%	COM	891160509
NVS	NOVARTIS A G SPON ADR	7,800	$598K	0.3%	$76.67	$72.69	+5.5%	COM	66987V109
MO	ALTRIA GROUP INC	16,397	$563K	0.3%	$34.34 *	$16.28	-2.1%	COM	02209S103
ITW	ILLINOIS TOOL WORKS INC	7,050	$538K	0.3%	$76.31 *	$50.62	+13.5%	COM	452308109
—	NEXTERA ENERGY INC.	6,567	$526K	0.3%	$80.10	$81.21	—	COM	302571104
AMGN	AMGEN INC COM	4,617	$517K	0.3%	$111.98 *	$73.34	+8.6%	COM	031162100
NSC	NORFOLK SOUTHERN CORP	6,402	$495K	0.2%	$77.32 *	$57.57	+2.4%	COM	655844108
PPL	PPL CORPORATION	16,180	$492K	0.2%	$30.41 *	$16.36	+0.1%	COM	69351T106
CMCSA	COMCAST CORP NEW CL A	10,844	$489K	0.2%	$45.09 *	$16.55	+4.1%	COM	20030N101
BCPC	BALCHEM CORP	9,360	$484K	0.2%	$51.71 *	$41.81	+15.7%	COM	057665200
—	CAPLEASE INC	53,400	$453K	0.2%	$8.48	$8.45	—	COM	140288101
DUK	DUKE ENERGY CORPORATION	6,721	$449K	0.2%	$66.81 *	$41.62	-3.5%	COM	26441C204
EQT	EQT CORPORATION	4,850	$430K	0.2%	$88.66 *	$37.67	+17.5%	COM	26884L109
—	SPECTRA ENERGY CORP	12,518	$429K	0.2%	$34.27	$34.49	—	COM	847560109
—	ALTEVA COM	55,038	$428K	0.2%	$7.78	$9.88	—	COM	02153V102
—	BLACKROCK INC	1,579	$427K	0.2%	$270.42	$256.67	—	COM	09247X101
—	RAYTHEON COMPANY NEW	5,530	$426K	0.2%	$77.03	$67.59	—	COM	755111507
CAG	CONAGRA FOODS INC	13,600	$413K	0.2%	$30.37 *	$17.69	-11.9%	COM	205887102
LOW	LOWES COMPANIES INC	8,509	$405K	0.2%	$47.60 *	$32.16	+18.9%	COM	548661107
RSG	REPUBLIC SERVICES INC	11,990	$400K	0.2%	$33.36 *	$26.37	+0.2%	COM	760759100
JFBC	JEFFERSONVILLE BANCORP	36,342	$398K	0.2%	$10.95	$11.21	-2.0%	COM	47559A103
CL	COLGATE-PALMOLIVE CO	6,714	$398K	0.2%	$59.28 *	$44.41	+0.5%	COM	194162103
BP	BP PLC ADR	9,104	$383K	0.2%	$42.07	$42.44	-1.0%	COM	055622104
—	KINDER MORGAN ENERGY LP	4,797	$383K	0.2%	$79.84	$85.38	—	COM	494550106
—	ADT CORP COM	9,333	$379K	0.2%	$40.61	$39.83	—	COM	00101J106
MTB	M & T BANK CORP	3,281	$367K	0.2%	$111.86 *	$73.77	+8.4%	COM	55261F104
AZN	ASTRAZENECA PLC ADR	6,680	$347K	0.2%	$51.95	$47.31	—	COM	046353108
SNY	SANOFI AVENTIS ADR	6,825	$346K	0.2%	$50.70	$53.13	-4.7%	COM	80105N105
TEVA	TEVA PHARM INDS LTD ADRF	8,986	$339K	0.2%	$37.73	$38.94	-3.0%	COM	881624209
MDU	M D U RESOURCES GROUP	11,946	$334K	0.2%	$27.96 *	$6.58	+11.8%	COM	552690109
HON	HONEYWELL INTERNATIONAL	3,860	$321K	0.2%	$83.16 *	$53.66	+7.9%	COM	438516106
—	ENERGEN CORPORATION	4,200	$321K	0.2%	$76.43	$76.43	—	COM	29265N108
DIS	DISNEY WALT HOLDING CO	4,938	$318K	0.2%	$64.40 *	$56.12	+2.1%	COM	254687106
LLY	ELI LILLY & COMPANY	6,170	$311K	0.2%	$50.41 *	$42.21	-6.2%	COM	532457108
USB	US BANCORP DEL NEW	8,415	$308K	0.1%	$36.60 *	$22.82	+6.0%	COM	902973304
SLB	SCHLUMBERGER LTD F	3,335	$295K	0.1%	$88.46 *	$52.90	+20.2%	COM	806857108
DRI	DARDEN RESTAURANTS INC	6,175	$286K	0.1%	$46.32 *	$30.88	-8.1%	COM	237194105
SO	THE SOUTHERN COMPANY	6,833	$281K	0.1%	$41.12 *	$26.32	-7.6%	COM	842587107
—	PENTAIR INC	4,278	$278K	0.1%	$64.98	$57.78	—	COM	H6169Q108
PM	PHILIP MORRIS INTL INC	2,948	$255K	0.1%	$86.50 *	$49.85	-5.0%	COM	718172109
OXY	OCCIDENTAL PETE CORP	2,731	$255K	0.1%	$93.37 *	$57.83	+7.4%	COM	674599105
ED	CONSOLIDATED EDISON INC	4,561	$251K	0.1%	$55.03 *	$37.50	-6.8%	COM	209115104
ALCO	ALICO INC	5,952	$245K	0.1%	$41.16 *	$36.45	-5.5%	COM	016230104
—	MONSANTO CO NEW DEL	2,338	$244K	0.1%	$104.36	$104.36	—	COM	61166W101
—	GOOGLE INC CLASS A	274	$240K	0.1%	$875.91	$881.79	—	COM	38259P508
—	NABORS INDS INC	14,425	$232K	0.1%	$16.08	$15.32	—	COM	G6359F103
SCHW	THE CHARLES SCHWAB CORP	10,981	$232K	0.1%	$21.13 *	$15.92	+14.9%	COM	808513105
GLD	STREETRACKS GOLD TRUST	1,767	$226K	0.1%	$127.90	$136.97	-6.4%	COM	78463V107
—	ANADARKO PETROLEUM CORP	2,290	$213K	0.1%	$93.01	$93.01	—	COM	032511107
—	VODAFONE AIRTOUCH ADR	6,034	$212K	0.1%	$35.13	$35.13	—	COM	92857W209
NKE	NIKE INC CLASS B	2,922	$212K	0.1%	$72.55 *	$27.95	+11.5%	COM	654106103
KMB	KIMBERLY-CLARK CORP	2,225	$210K	0.1%	$94.38 *	$61.08	-1.9%	COM	494368103
—	NEW YORK COMNTY BANCORP	12,356	$187K	0.1%	$15.13	$14.00	—	COM	649445103
—	TWO HBRS INVT CORP COM	12,000	$117K	0.1%	$9.75	$9.75	—	COM	90187B101
WEN	WENDYS INTL INC COM	12,200	$103K	0.1%	$8.44	$5.79	+46.4%	COM	95058W100
—	DISCOVERY CORP ENTERPRISES INC	34,000	$4,000	0.0%	$0.12	$0.06	—	COM	25466Y109
—	BOREAL WATER COLLECTION INC CO	35,700	$0	0.0%	$0.00	—	—	COM	09971P100
—	WESTMONT RESOURCES INC COM PAR	445,350	$0	0.0%	$0.00	—	—	COM	96081P302
—	VENTANA BIOTECH INC	10,000	$0	0.0%	$0.00	—	—	COM	92277F109
—	RSTK INTERLINK US NETWORKS	20,000	$0	0.0%	$0.00	—	—	COM	45875T905
ASPR	ADSOUTH PARTNERS INC	10,001	$0	0.0%	$0.00	$0.00	0.0%	COM	00737M200