Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OBT	ORANGE CNTY BANCORP INC	467,723	$21.68M	7.0%	$46.35 *	$10.78	+8.3%	COM	68417L107
MDT	MEDTRONIC PLC	170,812	$14.82M	4.8%	$86.77 *	$58.21	+17.1%	COM	G5960L103
ISRG	INTUITIVE SURGICAL INC NEW	19,460	$12.87M	4.1%	$661.41 *	$56.31	+30.5%	COM	46120E602
JNJ	JOHNSON & JOHNSON	82,746	$10.04M	3.2%	$121.30 *	$59.91	+55.7%	COM	478160104
HD	HOME DEPOT INC	68,272	$8.718M	2.8%	$127.70 *	$56.17	+81.1%	COM	437076102
—	STERLING BANCORP DEL COM	543,190	$8.528M	2.7%	$15.70	$13.37	—	COM	85917A100
XOM	EXXON MOBIL CORPORATION	85,106	$7.978M	2.6%	$93.74 *	$53.86	+14.3%	COM	30231G102
—	GENERAL ELECTRIC COMPANY	226,774	$7.139M	2.3%	$31.48	$23.46	—	COM	369604103
MSFT	MICROSOFT CORP	137,491	$7.035M	2.3%	$51.17 *	$27.76	+63.7%	COM	594918104
CVS	C V S CORP DEL	65,524	$6.273M	2.0%	$95.74 *	$42.92	+66.9%	COM	126650100
TMO	THERMO ELECTRON CORP	42,050	$6.213M	2.0%	$147.75 *	$80.64	+78.4%	COM	883556102
PEP	PEPSICO INCORPORATED	57,229	$6.063M	1.9%	$105.94 *	$56.38	+41.1%	COM	713448108
VZ	VERIZON COMMUNICATIONS	100,848	$5.631M	1.8%	$55.84 *	$27.05	+25.3%	COM	92343V104
PFE	PFIZER INCORPORATED	158,243	$5.572M	1.8%	$35.21 *	$16.61	+33.1%	COM	717081103
INTC	INTEL CORP	165,703	$5.435M	1.7%	$32.80 *	$17.49	+50.8%	COM	458140100
JPM	JP MORGAN CHASE & CO	86,475	$5.374M	1.7%	$62.15 *	$37.61	+27.9%	COM	46625H100
CVX	CHEVRONTEXACO CORP	47,472	$4.977M	1.6%	$104.84 *	$71.15	-1.7%	COM	166764100
CSCO	CISCO SYSTEMS INC	166,541	$4.778M	1.5%	$28.69 *	$15.59	+36.8%	COM	17275R102
LLY	ELI LILLY & COMPANY	55,350	$4.359M	1.4%	$78.75 *	$59.43	+13.1%	COM	532457108
ORCL	ORACLE CORPORATION	106,362	$4.353M	1.4%	$40.93 *	$28.21	+25.7%	COM	68389X105
WFC	WELLS FARGO & CO NEW	89,742	$4.248M	1.4%	$47.34 *	$31.28	+15.9%	COM	949746101
KHC	KRAFT HEINZ CO	46,211	$4.089M	1.3%	$88.49 *	$47.85	+20.9%	COM	500754106
BA	BOEING CO	30,067	$3.905M	1.3%	$129.88 *	$87.62	+35.3%	COM	097023105
—	EXPRESS SCRIPTS A	51,126	$3.875M	1.2%	$75.79	$66.47	—	COM	30219G108
AAPL	APPLE COMPUTER INC	39,248	$3.752M	1.2%	$95.60 *	$22.70	-4.0%	COM	037833100
RMD	RESMED INC	57,391	$3.744M	1.2%	$65.24 *	$54.18	+4.8%	COM	761152107
BMY	BRISTOL-MYERS SQUIBB CO	49,614	$3.649M	1.2%	$73.55 *	$29.10	+81.5%	COM	110122108
PG	PROCTER & GAMBLE CO	41,655	$3.527M	1.1%	$84.67 *	$55.04	+18.8%	COM	742718109
T	AT & T INC	81,401	$3.517M	1.1%	$43.21 *	$11.48	+44.5%	COM	00206R102
MRK	MERCK & CO INC	60,660	$3.495M	1.1%	$57.62 *	$30.63	+34.0%	COM	58933Y105
—	ALLERGAN INC	12,842	$2.968M	1.0%	$231.12	$304.13	—	COM	G0177J108
ADP	AUTO DATA PROCESSING	31,267	$2.872M	0.9%	$91.85 *	$46.51	+61.3%	COM	053015103
DIS	DISNEY WALT HOLDING CO	29,210	$2.857M	0.9%	$97.81 *	$87.89	+2.6%	COM	254687106
—	CHUBB CORPORATION	21,256	$2.778M	0.9%	$130.69	$86.56	—	COM	171232101
—	UNITED TECHNOLOGIES CORP	21,572	$2.769M	0.9%	$128.36	$112.67	—	COM	913017109
BK	THE BANK OF NY MELLON CORP	70,180	$2.726M	0.9%	$38.84 *	$22.51	+34.8%	COM	064058100
META	FACEBOOK INC CL A	22,638	$2.587M	0.8%	$114.28	$92.03	+23.3%	COM	30303M102
GS	GOLDMAN SACHS GROUP INC	16,262	$2.416M	0.8%	$148.57 *	$126.81	-3.7%	COM	38141G104
—	DOW CHEMICAL COMPANY	48,552	$2.414M	0.8%	$49.72	$35.78	—	COM	260543103
BAC	BANKAMERICA CORP	180,478	$2.395M	0.8%	$13.27 *	$10.46	+2.7%	COM	060505104
PFF	ISHARES TR S&P US PFD STK INDE	58,500	$2.334M	0.7%	$39.90	$39.28	+1.5%	COM	464288687
GLW	CORNING INC	113,807	$2.331M	0.7%	$20.48 *	$12.28	+29.6%	COM	219350105
—	3M COMPANY	13,159	$2.304M	0.7%	$175.09	$110.95	—	COM	885794101
GOOG	ALPHABET INC CLASS C	2,825	$1.955M	0.6%	$692.04 *	$32.44	+5.9%	COM	02079K107
SYY	SYSCO CORPORATION	37,977	$1.927M	0.6%	$50.74 *	$24.67	+61.2%	COM	871829107
SBUX	STARBUCKS CORP	33,580	$1.918M	0.6%	$57.12 *	$43.82	+6.6%	COM	855244109
—	SUNTRUST BANKS INC	45,915	$1.886M	0.6%	$41.08	$39.98	—	COM	867914103
—	CITRIX SYSTEMS INC	23,385	$1.873M	0.6%	$80.09	$60.37	—	COM	177376100
—	SPECTRA ENERGY CORP	48,412	$1.773M	0.6%	$36.62	$30.83	—	COM	847560109
—	HARRIS CORP DEL	21,135	$1.764M	0.6%	$83.46	$77.62	—	COM	413875105
—	RAYTHEON COMPANY NEW	12,805	$1.741M	0.6%	$135.96	$92.25	—	COM	755111507
TROW	PRICE T ROWE GROUP INC	23,703	$1.73M	0.6%	$72.99 *	$51.69	-0.1%	COM	74144T108
WMT	WAL-MART STORES INC	23,523	$1.718M	0.6%	$73.03 *	$20.01	+2.9%	COM	931142103
IBM	INTL BUSINESS MACHINES	11,314	$1.717M	0.6%	$151.76 *	$115.39	-16.1%	COM	459200101
HAL	HALLIBURTON COMPANY	37,301	$1.689M	0.5%	$45.28 *	$33.51	+12.5%	COM	406216101
SJM	SMUCKER J M CO	10,687	$1.629M	0.5%	$152.43 *	$99.14	+14.8%	COM	832696405
NKE	NIKE INC CLASS B	29,420	$1.624M	0.5%	$55.20 *	$48.57	+0.6%	COM	654106103
EMR	EMERSON ELECTRIC CO	30,046	$1.567M	0.5%	$52.15 *	$40.33	+1.5%	COM	291011104
—	BROADCOM LTD	10,004	$1.555M	0.5%	$155.44	$154.83	—	COM	Y09827109
GILD	GILEAD SCIENCES INC	18,485	$1.542M	0.5%	$83.42 *	$72.38	-18.1%	COM	375558103
—	RED HAT INC	21,065	$1.529M	0.5%	$72.58	$74.47	—	COM	756577102
MAS	MASCO CORP	45,912	$1.421M	0.5%	$30.95 *	$23.21	+15.5%	COM	574599106
PNC	PNC FINANCIAL SERVICES	17,312	$1.409M	0.5%	$81.39 *	$52.72	+13.1%	COM	693475105
ADBE	ADOBE SYSTEMS INC	14,386	$1.378M	0.4%	$95.79	$89.73	+6.8%	COM	00724F101
MO	ALTRIA GROUP INC	19,935	$1.375M	0.4%	$68.97 *	$18.29	+96.8%	COM	02209S103
COP	CONOCOPHILLIPS	30,885	$1.347M	0.4%	$43.61 *	$40.86	-20.4%	COM	20825C104
DG	DOLLAR GENERAL CORPORATION	14,120	$1.327M	0.4%	$93.98 *	$65.85	+26.4%	COM	256677105
AMGN	AMGEN INC COM	8,463	$1.288M	0.4%	$152.19 *	$91.47	+25.2%	COM	031162100
DUK	DUKE ENERGY CORPORATION	14,956	$1.283M	0.4%	$85.78 *	$46.02	+26.2%	COM	26441C204
PSX	PHILLIPS 66	15,905	$1.262M	0.4%	$79.35 *	$40.67	+36.0%	COM	718546104
CAH	CARDINAL HEALTH INC	15,325	$1.196M	0.4%	$78.04 *	$32.61	+81.9%	COM	14149Y108
—	CELGENE CORP	11,922	$1.176M	0.4%	$98.64	$110.07	—	COM	151020104
MDLZ	MONDELEZ INTL INC CL A	25,560	$1.163M	0.4%	$45.50 *	$23.16	+57.7%	COM	609207105
—	TIME WARNER INC	15,598	$1.147M	0.4%	$73.54	$60.29	—	COM	00184A105
NOC	NORTHROP GRUMMAN CORP	5,155	$1.146M	0.4%	$222.31 *	$63.97	+198.2%	COM	666807102
—	JOHNSON CONTROLS INC	25,415	$1.125M	0.4%	$44.27	$42.85	—	COM	478366107
—	ABBVIE INC COM	18,072	$1.119M	0.4%	$61.92	$42.68	—	COM	002874109
LMT	LOCKHEED MARTIN CORP	4,166	$1.034M	0.3%	$248.20 *	$141.10	+36.6%	COM	539830109
TD	TORONTO DOMINION BK	23,700	$1.017M	0.3%	$42.91	$45.00	-4.6%	COM	891160509
—	BERKSHIRE BANCP INC DEL	122,009	$946K	0.3%	$7.75	$7.95	—	COM	084597202
PPL	PPL CORPORATION	24,387	$921K	0.3%	$37.77 *	$17.17	+44.1%	COM	69351T106
MRSH	MARSH & MCLENNAN CO INC	13,416	$918K	0.3%	$68.43 *	$48.06	+21.0%	COM	571748102
—	ST JUDE MEDICAL INC	11,750	$916K	0.3%	$77.96	$68.94	—	COM	790849103
FDX	FEDEX CORPORATION	5,385	$817K	0.3%	$151.72 *	$142.41	-8.3%	COM	31428X106
—	NEXTERA ENERGY INC.	5,932	$774K	0.2%	$130.48	$82.80	—	COM	302571104
EL	ESTEE LAUDER COMPANIES INC	8,424	$767K	0.2%	$91.05 *	$75.50	+6.8%	COM	518439104
LOW	LOWES COMPANIES INC	8,825	$699K	0.2%	$79.21 *	$34.99	+89.7%	COM	548661107
—	DU PONT E I DE NEMOUR&CO	10,751	$697K	0.2%	$64.83	$56.73	—	COM	263534109
VLO	VALERO ENERGY CORP	13,425	$685K	0.2%	$51.02 *	$36.72	-5.0%	COM	91913Y100
—	E M C CORP MASS	25,150	$683K	0.2%	$27.16	$24.87	—	COM	268648102
IFF	INTL FLAVOR & FRAGRANCES	5,150	$649K	0.2%	$126.02 *	$58.18	+71.5%	COM	459506101
OSK	OSHKOSH CORP	13,605	$649K	0.2%	$47.70 *	$33.22	+24.0%	COM	688239201
ABT	ABBOTT LABORATORIES	15,749	$619K	0.2%	$39.30 *	$29.00	+13.7%	COM	002824100
USB	US BANCORP DEL NEW	15,300	$617K	0.2%	$40.33 *	$26.20	+8.6%	COM	902973304
CSX	C S X CORP	22,830	$595K	0.2%	$26.06 *	$8.57	-11.3%	COM	126408103
MCD	MCDONALDS CORP	4,905	$590K	0.2%	$120.29 *	$72.38	+32.3%	COM	580135101
MS	MORGAN STANLEY	22,690	$589K	0.2%	$25.96 *	$24.33	-18.6%	COM	617446448
MET	METLIFE INC	14,562	$580K	0.2%	$39.83 *	$28.27	-9.1%	COM	59156R108
ITW	ILLINOIS TOOL WORKS INC	5,463	$569K	0.2%	$104.16 *	$52.93	+57.4%	COM	452308109
LECO	LINCOLN ELEC HLDGS INC	9,085	$537K	0.2%	$59.11	$57.79	+2.2%	COM	533900106
SO	THE SOUTHERN COMPANY	9,616	$516K	0.2%	$53.66 *	$26.55	+35.7%	COM	842587107
KMB	KIMBERLY-CLARK CORP	3,625	$498K	0.2%	$137.38 *	$68.09	+45.7%	COM	494368103
LEN	LENNAR CORP	9,769	$450K	0.1%	$46.06 *	$42.57	-6.1%	COM	526057104
KMX	CARMAX INC	9,185	$450K	0.1%	$48.99	$68.49	-28.4%	COM	143130102
KO	COCA COLA COMPANY	9,825	$445K	0.1%	$45.29 *	$29.10	+15.5%	COM	191216100
CMC	COMMERCIAL METALS CO	26,166	$442K	0.1%	$16.89 *	$11.15	+25.6%	COM	201723103
CL	COLGATE-PALMOLIVE CO	5,913	$433K	0.1%	$73.23 *	$45.65	+28.3%	COM	194162103
—	ROYAL DUTCH SHELL SPON ADR	7,825	$432K	0.1%	$55.21	$65.11	—	COM	780259206
HON	HONEYWELL INTERNATIONAL	3,580	$416K	0.1%	$116.20 *	$58.46	+46.8%	COM	438516106
TAP	MOLSON COORS	4,037	$408K	0.1%	$101.07 *	$59.93	+33.0%	COM	60871R209
CAT	CATERPILLAR INC	5,314	$403K	0.1%	$75.84 *	$63.59	-4.6%	COM	149123101
JFBC	JEFFERSONVILLE BANCORP	30,006	$402K	0.1%	$13.40	$11.22	+18.9%	COM	47559A103
AMT	AMERN TOWER CORP CLASS A	3,530	$401K	0.1%	$113.60 *	$74.78	+20.1%	COM	03027X100
—	ATRION CORP	900	$385K	0.1%	$427.78	$361.11	—	COM	049904105
SCHW	THE CHARLES SCHWAB CORP	14,921	$378K	0.1%	$25.33 *	$18.94	+18.5%	COM	808513105
TEVA	TEVA PHARM INDS LTD ADRF	6,886	$346K	0.1%	$50.25	$46.18	+8.8%	COM	881624209
QCOM	QUALCOMM INC	6,268	$336K	0.1%	$53.61 *	$49.68	-17.1%	COM	747525103
SHW	SHERWIN WILLIAMS CO	1,112	$327K	0.1%	$294.06 *	$82.66	+8.5%	COM	824348106
BP	BP PLC ADR	9,054	$322K	0.1%	$35.56	$43.77	-18.9%	COM	055622104
M	MACYS INC	9,475	$318K	0.1%	$33.56	$42.86	-21.6%	COM	55616P104
CMCSA	COMCAST CORP NEW CL A	4,856	$317K	0.1%	$65.28 *	$16.83	+54.3%	COM	20030N101
—	SKECHERS USA INC	10,403	$309K	0.1%	$29.70	$30.26	—	COM	830566105
NVS	NOVARTIS A G SPON ADR	3,590	$296K	0.1%	$82.45	$85.60	-3.6%	COM	66987V109
RVTY	PERKINELMER INC	5,540	$290K	0.1%	$52.35 *	$51.11	-0.3%	COM	714046109
EQT	EQT CORPORATION	3,750	$290K	0.1%	$77.33 *	$29.44	+31.8%	COM	26884L109
NSC	NORFOLK SOUTHERN CORP	3,350	$285K	0.1%	$85.07 *	$68.74	+1.8%	COM	655844108
CAG	CONAGRA FOODS INC	5,575	$267K	0.1%	$47.89 *	$17.69	+49.8%	COM	205887102
BCPC	BALCHEM CORP	4,405	$263K	0.1%	$59.70 *	$43.71	+29.5%	COM	057665200
WKC	WORLD FUEL SERVICES CORP	5,500	$261K	0.1%	$47.45	$40.93	+16.0%	COM	981475106
IYW	ISHARES TR DOW JONES US TECH S	2,450	$258K	0.1%	$105.31 *	$26.28	+0.2%	COM	464287721
LYB	LYONDELLBASELL INDUSTRIES NV	3,446	$256K	0.1%	$74.29 *	$46.10	-6.4%	COM	N53745100
DRI	DARDEN RESTAURANTS INC	4,025	$255K	0.1%	$63.35 *	$31.18	+54.8%	COM	237194105
ED	CONSOLIDATED EDISON INC	3,130	$252K	0.1%	$80.51 *	$53.16	+7.5%	COM	209115104
WMB	WILLIAMS COMPANIES	11,512	$249K	0.1%	$21.63 *	$26.11	-49.4%	COM	969457100
ALB	ALBEMARLE CORP	2,920	$232K	0.1%	$79.45 *	$64.37	+8.3%	COM	012653101
EPD	ENTERPRISE PRD PRTNRS LP	7,647	$224K	0.1%	$29.29	$29.29	—	COM	293792107
—	SOVRAN SELF STORAGE INC	2,135	$224K	0.1%	$104.92	$107.34	—	COM	84610H108
MTB	M & T BANK CORP	1,881	$222K	0.1%	$118.02 *	$74.10	+21.7%	COM	55261F104
UNH	UNITED HEALTHCARE CORP	5,044	$215K	0.1%	$42.62 *	$100.22	+21.1%	COM	91324P102
—	MAXIM INTEGRATED PRODS	5,800	$207K	0.1%	$35.69	$35.74	—	COM	57772K101
—	ENERGEN CORPORATION	4,200	$202K	0.1%	$48.10	$48.10	—	COM	29265N108
EBAY	EBAY INC COM	8,580	$201K	0.1%	$23.43 *	$21.47	-3.0%	COM	278642103
—	ALPS ALERIAN MLP ETF	12,850	$163K	0.1%	$12.68	$16.29	—	COM	00162Q866
—	ARIAD PHARMACEUTICALS INC	20,000	$148K	0.0%	$7.40	$8.25	—	COM	04033A100
—	TWO HBRS INVT CORP COM	13,000	$111K	0.0%	$8.54	$8.85	—	COM	90187B101
—	REXAHN PHARMACEUTICALS INC	200,000	$50,000	0.0%	$0.25	$0.36	—	COM	761640101
—	WORLDS ONLINE INC	206,667	$23,000	0.0%	$0.11	$0.14	—	COM	98160J108
—	WOLDS INC	650,000	$8,000	0.0%	$0.01	$0.08	—	COM	98159J101
—	CHIMERA ENERGY CORP COM	16,600	$0	0.0%	$0.00	$87.23	—	COM	167250109
—	AIMGLOBAL TECHNOLOGIES INC	41,000	$0	0.0%	$0.00	—	—	COM	00900N100
—	BOREAL WATER COLLECTION INC CO	35,700	$0	0.0%	$0.00	—	—	COM	09971P100
ASPR	ADSOUTH PARTNERS INC	10,001	$0	0.0%	$0.00	$0.00	-9.8%	COM	00737M200
—	WESTMONT RESOURCES INC	30,000	$0	0.0%	$0.00	—	—	COM	96081P302