Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
JNJ	JOHNSON & JOHNSON	91,554	$9.578M	4.2%	$104.62 *	$59.91	+26.9%	COM	478160104
XOM	EXXON MOBIL CORPORATION	87,821	$8.842M	3.9%	$100.68 *	$53.81	+15.1%	COM	30231G102
—	STERLING BANCORP DEL COM	692,094	$8.305M	3.6%	$12.00	$13.37	—	COM	85917A100
CVX	CHEVRONTEXACO CORP	51,604	$6.737M	2.9%	$130.55 *	$71.28	+12.2%	COM	166764100
—	GENERAL ELECTRIC COMPANY	256,072	$6.73M	2.9%	$26.28	$23.38	—	COM	369604103
HD	HOME DEPOT INC	76,377	$6.184M	2.7%	$80.97 *	$56.17	+10.3%	COM	437076102
HAL	HALLIBURTON COMPANY	82,047	$5.826M	2.5%	$71.01 *	$33.43	+70.9%	COM	406216101
MSFT	MICROSOFT CORP	137,236	$5.723M	2.5%	$41.70 *	$26.88	+30.6%	COM	594918104
INTC	INTEL CORP	181,104	$5.596M	2.4%	$30.90 *	$17.23	+35.8%	COM	458140100
ORCL	ORACLE CORPORATION	137,748	$5.583M	2.4%	$40.53 *	$27.76	+23.0%	COM	68389X105
TMO	THERMO ELECTRON CORP	45,351	$5.351M	2.3%	$117.99 *	$79.76	+42.8%	COM	883556102
CVS	C V S CORP DEL	69,086	$5.207M	2.3%	$75.37 *	$41.92	+30.7%	COM	126650100
PEP	PEPSICO INCORPORATED	55,352	$4.945M	2.2%	$89.34 *	$56.02	+13.1%	COM	713448108
PG	PROCTER & GAMBLE CO	59,501	$4.676M	2.0%	$78.59 *	$55.04	+3.4%	COM	742718109
COP	CONOCOPHILLIPS	53,344	$4.573M	2.0%	$85.73 *	$40.09	+47.1%	COM	20825C104
VZ	VERIZON COMMUNICATIONS	93,323	$4.566M	2.0%	$48.93 *	$26.96	+0.5%	COM	92343V104
PFE	PFIZER INCORPORATED	151,491	$4.496M	2.0%	$29.68 *	$16.51	+5.4%	COM	717081103
JPM	JP MORGAN CHASE & CO	76,023	$4.38M	1.9%	$57.61 *	$36.65	+15.2%	COM	46625H100
EMR	EMERSON ELECTRIC CO	65,755	$4.363M	1.9%	$66.35 *	$40.33	+20.6%	COM	291011104
WMT	WAL-MART STORES INC	54,438	$4.087M	1.8%	$75.08 *	$19.97	+0.4%	COM	931142103
CSCO	CISCO SYSTEMS INC	152,379	$3.787M	1.7%	$24.85 *	$15.29	+13.5%	COM	17275R102
MRK	MERCK & CO INC	59,279	$3.429M	1.5%	$57.85 *	$30.12	+28.3%	COM	58933Y105
IBM	INTL BUSINESS MACHINES	18,554	$3.363M	1.5%	$181.25 *	$115.39	-6.1%	COM	459200101
T	AT & T INC	94,691	$3.348M	1.5%	$35.36 *	$11.36	+3.5%	COM	00206R102
BA	BOEING CO	25,813	$3.284M	1.4%	$127.22 *	$81.55	+34.8%	COM	097023105
WFC	WELLS FARGO & CO NEW	61,849	$3.251M	1.4%	$52.56 *	$27.98	+36.1%	COM	949746101
—	ACTAVIS PLC	13,889	$3.098M	1.4%	$223.05	$126.22	—	COM	00507K103
BAC	BANKAMERICA CORP	197,578	$3.037M	1.3%	$15.37 *	$10.18	+19.1%	COM	060505104
OBT	ORANGE CNTY BANCORP INC	75,043	$2.987M	1.3%	$39.80 *	$9.89	+0.6%	COM	68417L107
—	CHUBB CORPORATION	32,395	$2.986M	1.3%	$92.17	$84.92	—	COM	171232101
—	EXPRESS SCRIPTS A	39,929	$2.768M	1.2%	$69.32	$62.97	—	COM	30219G108
ADP	AUTO DATA PROCESSING	34,577	$2.741M	1.2%	$79.27 *	$45.51	+19.0%	COM	053015103
BMY	BRISTOL-MYERS SQUIBB CO	54,361	$2.637M	1.2%	$48.51 *	$28.67	+15.1%	COM	110122108
—	3M COMPANY	17,068	$2.445M	1.1%	$143.25	$110.30	—	COM	885794101
—	CITRIX SYSTEMS INC	38,650	$2.418M	1.1%	$62.56	$60.21	—	COM	177376100
GS	GOLDMAN SACHS GROUP INC	14,125	$2.365M	1.0%	$167.43 *	$121.36	+10.3%	COM	38141G104
BK	THE BANK OF NY MELLON CORP	62,170	$2.33M	1.0%	$37.48 *	$21.47	+31.7%	COM	064058100
—	ROYAL DUTCH SHELL SPON ADR	26,495	$2.182M	1.0%	$82.36	$64.85	—	COM	780259206
—	DOW CHEMICAL COMPANY	41,504	$2.136M	0.9%	$51.46	$32.60	—	COM	260543103
CAH	CARDINAL HEALTH INC	30,950	$2.122M	0.9%	$68.56 *	$32.61	+54.0%	COM	14149Y108
SYY	SYSCO CORPORATION	55,867	$2.092M	0.9%	$37.45 *	$24.39	+12.5%	COM	871829107
—	TIME WARNER INC	28,329	$1.99M	0.9%	$70.25	$58.25	—	COM	00184A105
—	KRAFT FOODS GROUP INC COM	32,790	$1.966M	0.9%	$59.96	$55.56	—	COM	50075N104
—	PRECISION CASTPARTS CORP	7,350	$1.855M	0.8%	$252.38	$226.78	—	COM	740189105
—	COVIDIEN LTD	20,527	$1.851M	0.8%	$90.17	$63.77	—	COM	G2552X108
AAPL	APPLE COMPUTER INC	19,163	$1.781M	0.8%	$92.94 *	$17.94	+13.8%	COM	037833100
PSX	PHILLIPS 66	21,615	$1.738M	0.8%	$80.41 *	$40.44	+31.2%	COM	718546104
MDLZ	MONDELEZ INTL INC CL A	45,637	$1.716M	0.7%	$37.60 *	$23.16	+26.2%	COM	609207105
GLW	CORNING INC	78,149	$1.715M	0.7%	$21.95 *	$10.74	+51.4%	COM	219350105
MCD	MCDONALDS CORP	14,100	$1.42M	0.6%	$100.71 *	$71.80	+4.5%	COM	580135101
—	E M C CORP MASS	53,104	$1.399M	0.6%	$26.34	$24.04	—	COM	268648102
PNC	PNC FINANCIAL SERVICES	14,629	$1.303M	0.6%	$89.07 *	$47.78	+30.5%	COM	693475105
—	ABBVIE INC COM	21,780	$1.229M	0.5%	$56.43	$42.45	—	COM	002874109
MET	METLIFE INC	21,139	$1.174M	0.5%	$55.54 *	$25.41	+33.0%	COM	59156R108
IFF	INTL FLAVOR & FRAGRANCES	11,200	$1.168M	0.5%	$104.29 *	$58.18	+36.7%	COM	459506101
CAT	CATERPILLAR INC	10,204	$1.109M	0.5%	$108.68 *	$62.12	+30.2%	COM	149123101
QCOM	QUALCOMM INC	13,735	$1.088M	0.5%	$79.21 *	$45.77	+25.2%	COM	747525103
—	BERKSHIRE BANCP INC DEL	134,116	$1.026M	0.4%	$7.65	$7.95	—	COM	084597202
CMC	COMMERCIAL METALS CO	58,418	$1.011M	0.4%	$17.31 *	$11.15	+20.9%	COM	201723103
NOC	NORTHROP GRUMMAN CORP	7,640	$914K	0.4%	$119.63 *	$63.97	+54.6%	COM	666807102
ABT	ABBOTT LABORATORIES	20,302	$830K	0.4%	$40.88 *	$28.89	+13.6%	COM	002824100
KO	COCA COLA COMPANY	19,413	$822K	0.4%	$42.34 *	$27.71	+6.5%	COM	191216100
—	DU PONT E I DE NEMOUR&CO	12,528	$820K	0.4%	$65.45	$54.17	—	COM	263534109
—	TYCO INTL LTD NEW	17,685	$806K	0.4%	$45.58	$32.96	—	COM	902124106
—	UNITED TECHNOLOGIES CORP	6,754	$780K	0.3%	$115.49	$95.76	—	COM	913017109
MO	ALTRIA GROUP INC	18,369	$770K	0.3%	$41.92 *	$16.41	+23.0%	COM	02209S103
TD	TORONTO DOMINION BK	14,810	$761K	0.3%	$51.38	$43.35	+18.6%	COM	891160509
ITW	ILLINOIS TOOL WORKS INC	8,125	$711K	0.3%	$87.51 *	$52.93	+26.5%	COM	452308109
—	NEXTERA ENERGY INC.	6,669	$683K	0.3%	$102.41	$82.05	—	COM	302571104
NSC	NORFOLK SOUTHERN CORP	6,227	$642K	0.3%	$103.10 *	$57.82	+38.3%	COM	655844108
PPL	PPL CORPORATION	17,935	$637K	0.3%	$35.52 *	$16.37	+21.1%	COM	69351T106
—	TOTAL FINA ELF S A ADR	8,750	$632K	0.3%	$72.23	$72.23	—	COM	89151E109
AMGN	AMGEN INC COM	5,284	$625K	0.3%	$118.28 *	$74.45	+14.8%	COM	031162100
PFF	ISHARES TR S&P US PFD STK INDE	14,825	$592K	0.3%	$39.93	$40.20	-0.7%	COM	464288687
—	SPECTRA ENERGY CORP	13,919	$591K	0.3%	$42.46	$34.83	—	COM	847560109
BP	BP PLC ADR	10,569	$558K	0.2%	$52.80	$43.33	+21.7%	COM	055622104
CL	COLGATE-PALMOLIVE CO	8,013	$546K	0.2%	$68.14 *	$45.18	+15.5%	COM	194162103
—	BLACKROCK INC	1,617	$517K	0.2%	$319.73	$257.83	—	COM	09247X101
CMCSA	COMCAST CORP NEW CL A	9,259	$497K	0.2%	$53.68 *	$16.64	+24.6%	COM	20030N101
DUK	DUKE ENERGY CORPORATION	6,623	$491K	0.2%	$74.14 *	$41.68	+10.7%	COM	26441C204
—	RAYTHEON COMPANY NEW	5,237	$483K	0.2%	$92.23	$68.06	—	COM	755111507
EQT	EQT CORPORATION	4,450	$476K	0.2%	$106.97 *	$52.61	+1.5%	COM	26884L109
DIS	DISNEY WALT HOLDING CO	5,114	$438K	0.2%	$85.65 *	$56.39	+36.7%	COM	254687106
NVS	NOVARTIS A G SPON ADR	4,825	$437K	0.2%	$90.57	$72.69	+24.5%	COM	66987V109
LOW	LOWES COMPANIES INC	8,970	$430K	0.2%	$47.94 *	$32.54	+19.8%	COM	548661107
MDU	M D U RESOURCES GROUP	11,946	$419K	0.2%	$35.07 *	$6.58	+42.7%	COM	552690109
RSG	REPUBLIC SERVICES INC	10,910	$414K	0.2%	$37.95 *	$26.37	+16.7%	COM	760759100
SO	THE SOUTHERN COMPANY	8,514	$386K	0.2%	$45.34 *	$26.03	+6.7%	COM	842587107
AZN	ASTRAZENECA PLC ADR	5,185	$385K	0.2%	$74.25	$48.13	—	COM	046353108
SLB	SCHLUMBERGER LTD F	3,222	$380K	0.2%	$117.94 *	$52.90	+62.4%	COM	806857108
—	ENERGEN CORPORATION	4,200	$373K	0.2%	$88.81	$88.81	—	COM	29265N108
LLY	ELI LILLY & COMPANY	5,976	$372K	0.2%	$62.25 *	$42.07	+19.4%	COM	532457108
HON	HONEYWELL INTERNATIONAL	3,960	$368K	0.2%	$92.93 *	$53.84	+22.2%	COM	438516106
JFBC	JEFFERSONVILLE BANCORP	30,006	$368K	0.2%	$12.26 *	$11.22	+6.6%	COM	47559A103
USB	US BANCORP DEL NEW	8,190	$355K	0.2%	$43.35 *	$22.97	+26.8%	COM	902973304
TEVA	TEVA PHARM INDS LTD ADRF	6,336	$332K	0.1%	$52.40	$39.14	+33.9%	COM	881624209
—	NABORS INDS INC	11,125	$327K	0.1%	$29.39	$15.32	—	COM	G6359F103
—	MONSANTO CO NEW DEL	2,532	$316K	0.1%	$124.80	$105.08	—	COM	61166W101
CAG	CONAGRA FOODS INC	10,550	$313K	0.1%	$29.67 *	$17.69	-11.8%	COM	205887102
RIG	TRANSOCEAN SEDCO FOREX	6,670	$300K	0.1%	$44.98	$46.84	-3.9%	COM	H8817H100
—	KINDER MORGAN ENERGY LP	3,640	$299K	0.1%	$82.14	$85.19	—	COM	494550106
SCHW	THE CHARLES SCHWAB CORP	11,049	$298K	0.1%	$26.97 *	$16.25	+44.4%	COM	808513105
YUM	YUM! BRANDS, INC.	3,652	$297K	0.1%	$81.33 *	$44.64	+5.0%	COM	988498101
SNY	SANOFI AVENTIS ADR	5,550	$295K	0.1%	$53.15	$52.97	+0.4%	COM	80105N105
BCPC	BALCHEM CORP	5,330	$285K	0.1%	$53.47 *	$41.81	+20.3%	COM	057665200
—	ADT CORP COM	8,107	$283K	0.1%	$34.91	$39.83	—	COM	00101J106
OXY	OCCIDENTAL PETE CORP	2,731	$280K	0.1%	$102.53 *	$57.83	+20.4%	COM	674599105
KMB	KIMBERLY-CLARK CORP	2,475	$275K	0.1%	$111.11 *	$62.25	+16.3%	COM	494368103
—	ANADARKO PETROLEUM CORP	2,505	$274K	0.1%	$109.38	$84.63	—	COM	032511107
—	ALTEVA COM	39,599	$273K	0.1%	$6.89	$9.88	—	COM	02153V102
MTB	M & T BANK CORP	2,201	$273K	0.1%	$124.03 *	$73.77	+22.4%	COM	55261F104
CHMR	CHICAGO BRIDGE & IRON NY	3,948	$269K	0.1%	$68.14	—	—	COM	16934U100
NKE	NIKE INC CLASS B	3,435	$266K	0.1%	$77.44 *	$28.57	+17.5%	COM	654106103
LMT	LOCKHEED MARTIN CORP	1,653	$266K	0.1%	$160.92 *	$114.53	+2.7%	COM	539830109
ED	CONSOLIDATED EDISON INC	4,136	$239K	0.1%	$57.79 *	$37.50	+1.0%	COM	209115104
DRI	DARDEN RESTAURANTS INC	5,094	$236K	0.1%	$46.33 *	$30.88	-5.1%	COM	237194105
—	CIMAREX ENERGY CO	1,600	$230K	0.1%	$143.75	$143.75	—	COM	171798101
DVA	DAVITA INC	3,150	$228K	0.1%	$72.38	$66.44	+8.9%	COM	23918K108
—	PENTAIR INC	3,106	$224K	0.1%	$72.12	$57.78	—	COM	H6169Q108
ALCO	ALICO INC	5,952	$223K	0.1%	$37.47 *	$36.45	-13.3%	COM	016230104
ALB	ALBEMARLE CORP	3,054	$218K	0.1%	$71.38 *	$54.31	+11.1%	COM	012653101
DE	DEERE & CO	2,265	$205K	0.1%	$90.51 *	$70.10	+4.8%	COM	244199105
PM	PHILIP MORRIS INTL INC	2,408	$203K	0.1%	$84.30 *	$48.23	-1.1%	COM	718172109
—	NEW YORK COMNTY BANCORP	12,356	$197K	0.1%	$15.94	$14.00	—	COM	649445103
—	TWO HBRS INVT CORP COM	12,000	$126K	0.1%	$10.50	$9.75	—	COM	90187B101
—	DISCOVERY CORP ENTERPRISES INC	34,000	$2,000	0.0%	$0.06	$0.06	—	COM	25466Y109
—	TRANZBYTE CORP COM	40,000	$1,000	0.0%	$0.03	$0.09	—	COM	894117100
—	VENTANA BIOTECH INC	10,000	$0	0.0%	$0.00	—	—	COM	92277F109
ASPR	ADSOUTH PARTNERS INC	10,001	$0	0.0%	$0.00	$0.00	0.0%	COM	00737M200
—	WESTMONT RESOURCES INC COM PAR	147,750	$0	0.0%	$0.00	—	—	COM	96081P302
—	CHIMERA ENERGY CORP COM	16,600	$0	0.0%	$0.00	$87.23	—	COM	167250109
—	BOREAL WATER COLLECTION INC CO	35,700	$0	0.0%	$0.00	—	—	COM	09971P100