Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OBT	ORANGE CNTY BANCORP INC	472,673	$21.99M	6.5%	$46.52 *	$10.79	+7.8%	COM	68417L107
MDT	MEDTRONIC PLC	177,241	$12.63M	3.7%	$71.23 *	$58.35	-2.6%	COM	G5960L103
ISRG	INTUITIVE SURGICAL INC NEW	19,080	$12.1M	3.6%	$634.17 *	$56.31	+25.1%	COM	46120E602
—	STERLING BANCORP DEL COM	435,990	$10.2M	3.0%	$23.40	$13.37	—	COM	85917A100
HD	HOME DEPOT INC	70,288	$9.424M	2.8%	$134.08 *	$57.57	+87.4%	COM	437076102
JNJ	JOHNSON & JOHNSON	80,809	$9.31M	2.7%	$115.21 *	$59.91	+49.9%	COM	478160104
MSFT	MICROSOFT CORP	144,189	$8.96M	2.6%	$62.14 *	$28.88	+93.6%	COM	594918104
XOM	EXXON MOBIL CORPORATION	90,454	$8.164M	2.4%	$90.26 *	$54.13	+11.4%	COM	30231G102
JPM	JP MORGAN CHASE & CO	92,711	$8M	2.4%	$86.29 *	$38.87	+74.4%	COM	46625H100
—	GENERAL ELECTRIC COMPANY	244,663	$7.731M	2.3%	$31.60	$23.94	—	COM	369604103
PEP	PEPSICO INCORPORATED	61,482	$6.433M	1.9%	$104.63 *	$57.99	+37.4%	COM	713448108
TMO	THERMO ELECTRON CORP	43,639	$6.158M	1.8%	$141.11 *	$83.95	+64.0%	COM	883556102
INTC	INTEL CORP	166,978	$6.056M	1.8%	$36.27 *	$17.68	+67.5%	COM	458140100
CVX	CHEVRONTEXACO CORP	48,356	$5.692M	1.7%	$117.71 *	$71.10	+12.7%	COM	166764100
PFE	PFIZER INCORPORATED	173,011	$5.619M	1.7%	$32.48 *	$16.99	+22.3%	COM	717081103
VZ	VERIZON COMMUNICATIONS	103,798	$5.541M	1.6%	$53.38 *	$27.16	+21.9%	COM	92343V104
AAPL	APPLE COMPUTER INC	46,904	$5.432M	1.6%	$115.81 *	$22.96	+16.3%	COM	037833100
WFC	WELLS FARGO & CO NEW	96,547	$5.321M	1.6%	$55.11 *	$31.77	+35.0%	COM	949746101
CSCO	CISCO SYSTEMS INC	166,968	$5.046M	1.5%	$30.22 *	$15.67	+45.8%	COM	17275R102
BA	BOEING CO	30,358	$4.726M	1.4%	$155.68 *	$88.10	+63.8%	COM	097023105
KHC	KRAFT HEINZ CO	51,612	$4.507M	1.3%	$87.32 *	$48.68	+19.0%	COM	500754106
RMD	RESMED INC	59,169	$4.293M	1.3%	$72.55 *	$54.26	+3.8%	COM	761152107
LLY	ELI LILLY & COMPANY	56,443	$4.151M	1.2%	$73.54 *	$59.53	+6.9%	COM	532457108
GS	GOLDMAN SACHS GROUP INC	16,811	$4.025M	1.2%	$239.43 *	$129.29	+53.3%	COM	38141G104
MRK	MERCK & CO INC	65,396	$3.85M	1.1%	$58.87 *	$31.60	+34.7%	COM	58933Y105
CVS	C V S CORP DEL	48,735	$3.846M	1.1%	$78.92 *	$42.92	+38.9%	COM	126650100
BAC	BANKAMERICA CORP	169,199	$3.739M	1.1%	$22.10 *	$11.04	+63.3%	COM	060505104
BK	THE BANK OF NY MELLON CORP	77,553	$3.674M	1.1%	$47.37 *	$23.60	+58.2%	COM	064058100
—	EXPRESS SCRIPTS A	52,761	$3.629M	1.1%	$68.78	$66.60	—	COM	30219G108
ORCL	ORACLE CORPORATION	94,293	$3.626M	1.1%	$38.45 *	$28.21	+19.0%	COM	68389X105
T	AT & T INC	85,204	$3.624M	1.1%	$42.53 *	$11.67	+44.3%	COM	00206R102
PG	PROCTER & GAMBLE CO	42,170	$3.546M	1.0%	$84.09 *	$55.04	+19.8%	COM	742718109
DIS	DISNEY WALT HOLDING CO	33,637	$3.506M	1.0%	$104.23 *	$88.14	+10.6%	COM	254687106
META	FACEBOOK INC CL A	29,379	$3.38M	1.0%	$115.05	$99.07	+15.3%	COM	30303M102
ADP	AUTO DATA PROCESSING	31,262	$3.213M	0.9%	$102.78 *	$46.51	+82.6%	COM	053015103
—	DOW CHEMICAL COMPANY	54,394	$3.112M	0.9%	$57.21	$37.86	—	COM	260543103
—	SUNTRUST BANKS INC	54,163	$2.971M	0.9%	$54.85	$41.68	—	COM	867914103
—	CHUBB CORPORATION	21,854	$2.887M	0.9%	$132.10	$87.70	—	COM	171232101
GOOG	ALPHABET INC CLASS C	3,709	$2.863M	0.8%	$771.91 *	$33.79	+13.4%	COM	02079K107
PFF	ISHARES TR S&P US PFD STK INDE	76,100	$2.832M	0.8%	$37.21	$39.29	-5.3%	COM	464288687
UNH	UNITED HEALTHCARE CORP	17,592	$2.815M	0.8%	$160.02 *	$115.56	+20.0%	COM	91324P102
GLW	CORNING INC	108,035	$2.622M	0.8%	$24.27 *	$12.28	+55.4%	COM	219350105
—	HARRIS CORP DEL	24,702	$2.531M	0.7%	$102.46	$80.64	—	COM	413875105
ADBE	ADOBE SYSTEMS INC	24,514	$2.524M	0.7%	$102.96	$95.89	+7.4%	COM	00724F101
BMY	BRISTOL-MYERS SQUIBB CO	43,126	$2.52M	0.7%	$58.43 *	$29.10	+45.2%	COM	110122108
—	BROADCOM LTD	13,885	$2.454M	0.7%	$176.74	$160.54	—	COM	Y09827109
—	SPECTRA ENERGY CORP	59,284	$2.436M	0.7%	$41.09	$32.87	—	COM	847560109
—	3M COMPANY	12,838	$2.292M	0.7%	$178.53	$110.95	—	COM	885794101
—	ALLERGAN PLC	10,847	$2.278M	0.7%	$210.01	$304.13	—	COM	G0177J108
PNC	PNC FINANCIAL SERVICES	19,382	$2.267M	0.7%	$116.96 *	$55.08	+57.6%	COM	693475105
—	CITRIX SYSTEMS INC	22,905	$2.046M	0.6%	$89.33	$60.37	—	COM	177376100
—	CELGENE CORP	17,646	$2.043M	0.6%	$115.78	$110.28	—	COM	151020104
SBUX	STARBUCKS CORP	36,705	$2.038M	0.6%	$55.52 *	$43.99	+4.1%	COM	855244109
SYY	SYSCO CORPORATION	36,479	$2.02M	0.6%	$55.37 *	$24.67	+77.0%	COM	871829107
—	RAYTHEON COMPANY NEW	14,000	$1.988M	0.6%	$142.00	$96.31	—	COM	755111507
—	RED HAT INC	27,625	$1.925M	0.6%	$69.68	$74.52	—	COM	756577102
NKE	NIKE INC CLASS B	36,820	$1.872M	0.6%	$50.84 *	$48.57	-6.8%	COM	654106103
HAL	HALLIBURTON COMPANY	34,248	$1.852M	0.5%	$54.08 *	$33.51	+35.3%	COM	406216101
IBM	INTL BUSINESS MACHINES	11,096	$1.842M	0.5%	$166.01 *	$115.22	-6.5%	COM	459200101
SJM	SMUCKER J M CO	13,703	$1.755M	0.5%	$128.07 *	$99.58	-2.9%	COM	832696405
MAS	MASCO CORP	54,862	$1.735M	0.5%	$31.62 *	$24.08	+14.5%	COM	574599106
EMR	EMERSON ELECTRIC CO	29,099	$1.622M	0.5%	$55.74 *	$40.33	+10.5%	COM	291011104
AMGN	AMGEN INC COM	10,995	$1.608M	0.5%	$146.25 *	$97.14	+14.8%	COM	031162100
WMT	WAL-MART STORES INC	23,034	$1.592M	0.5%	$69.12 *	$20.01	-1.2%	COM	931142103
AMT	AMERN TOWER CORP CLASS A	14,796	$1.564M	0.5%	$105.70 *	$83.82	+0.7%	COM	03027X100
DUK	DUKE ENERGY CORPORATION	19,622	$1.523M	0.4%	$77.62 *	$48.02	+11.8%	COM	26441C204
MO	ALTRIA GROUP INC	22,090	$1.494M	0.4%	$67.63 *	$19.83	+81.3%	COM	02209S103
DG	DOLLAR GENERAL CORPORATION	19,640	$1.455M	0.4%	$74.08 *	$67.41	-2.1%	COM	256677105
PSX	PHILLIPS 66	16,729	$1.446M	0.4%	$86.44 *	$41.47	+47.6%	COM	718546104
—	TIME WARNER INC	14,323	$1.383M	0.4%	$96.56	$60.29	—	COM	00184A105
MRSH	MARSH & MCLENNAN CO INC	19,698	$1.331M	0.4%	$67.57 *	$51.09	+14.1%	COM	571748102
MS	MORGAN STANLEY	30,017	$1.268M	0.4%	$42.24 *	$25.55	+27.6%	COM	617446448
FDX	FEDEX CORPORATION	6,739	$1.255M	0.4%	$186.23 *	$146.75	+9.6%	COM	31428X106
TROW	PRICE T ROWE GROUP INC	15,935	$1.199M	0.4%	$75.24 *	$51.69	+4.6%	COM	74144T108
NOC	NORTHROP GRUMMAN CORP	5,135	$1.194M	0.4%	$232.52 *	$63.97	+214.5%	COM	666807102
TD	TORONTO DOMINION BK	23,971	$1.183M	0.3%	$49.35	$45.03	+9.6%	COM	891160509
MDLZ	MONDELEZ INTL INC CL A	25,920	$1.149M	0.3%	$44.33 *	$23.72	+51.3%	COM	609207105
—	ABBVIE INC COM	17,707	$1.109M	0.3%	$62.63	$42.68	—	COM	002874109
OSK	OSHKOSH CORP	16,903	$1.092M	0.3%	$64.60 *	$36.76	+52.7%	COM	688239201
LMT	LOCKHEED MARTIN CORP	4,347	$1.086M	0.3%	$249.83 *	$143.37	+37.3%	COM	539830109
COP	CONOCOPHILLIPS	21,475	$1.077M	0.3%	$50.15 *	$40.86	-7.4%	COM	20825C104
CSX	C S X CORP	28,915	$1.039M	0.3%	$35.93 *	$8.95	+18.3%	COM	126408103
CAH	CARDINAL HEALTH INC	14,125	$1.017M	0.3%	$72.00 *	$32.61	+69.8%	COM	14149Y108
—	BERKSHIRE BANCP INC DEL	109,184	$1.01M	0.3%	$9.25	$7.95	—	COM	084597202
LECO	LINCOLN ELEC HLDGS INC	12,780	$980K	0.3%	$76.68	$61.18	+25.3%	COM	533900106
—	ST JUDE MEDICAL INC	11,750	$942K	0.3%	$80.17	$68.94	—	COM	790849103
VLO	VALERO ENERGY CORP	13,225	$904K	0.3%	$68.36 *	$36.72	+29.9%	COM	91913Y100
PPL	PPL CORPORATION	24,584	$837K	0.2%	$34.05 *	$17.30	+31.9%	COM	69351T106
USB	US BANCORP DEL NEW	16,250	$835K	0.2%	$51.38 *	$26.71	+37.3%	COM	902973304
—	DU PONT E I DE NEMOUR&CO	10,576	$776K	0.2%	$73.37	$56.92	—	COM	263534109
MET	METLIFE INC	13,497	$727K	0.2%	$53.86 *	$28.71	+23.4%	COM	59156R108
—	UNITED TECHNOLOGIES CORP	6,489	$711K	0.2%	$109.57	$112.67	—	COM	913017109
KMX	CARMAX INC	10,813	$696K	0.2%	$64.37	$64.60	-0.3%	COM	143130102
TAP	MOLSON COORS	6,887	$670K	0.2%	$97.28 *	$68.56	+12.8%	COM	60871R209
EL	ESTEE LAUDER COMPANIES INC	8,591	$657K	0.2%	$76.48 *	$75.87	-10.0%	COM	518439104
—	NEXTERA ENERGY INC.	5,430	$649K	0.2%	$119.52	$82.80	—	COM	302571104
ITW	ILLINOIS TOOL WORKS INC	5,223	$640K	0.2%	$122.53 *	$52.93	+87.0%	COM	452308109
GILD	GILEAD SCIENCES INC	8,765	$628K	0.2%	$71.65 *	$71.89	-28.4%	COM	375558103
MCD	MCDONALDS CORP	4,989	$607K	0.2%	$121.67 *	$72.75	+35.2%	COM	580135101
LOW	LOWES COMPANIES INC	8,475	$603K	0.2%	$71.15 *	$34.99	+72.0%	COM	548661107
LEN	LENNAR CORP	13,920	$598K	0.2%	$42.96 *	$41.36	-9.8%	COM	526057104
LYB	LYONDELLBASELL INDUSTRIES NV	6,845	$587K	0.2%	$85.76 *	$47.43	+7.1%	COM	N53745100
IFF	INTL FLAVOR & FRAGRANCES	4,975	$586K	0.2%	$117.79 *	$58.18	+61.9%	COM	459506101
SHW	SHERWIN WILLIAMS CO	2,060	$554K	0.2%	$268.93 *	$83.60	-1.2%	COM	824348106
ABT	ABBOTT LABORATORIES	14,299	$549K	0.2%	$38.39 *	$29.00	+12.5%	COM	002824100
RVTY	PERKINELMER INC	10,419	$543K	0.2%	$52.12 *	$51.28	-0.9%	COM	714046109
CMC	COMMERCIAL METALS CO	24,295	$529K	0.2%	$21.77 *	$12.06	+51.8%	COM	201723103
HON	HONEYWELL INTERNATIONAL	4,400	$510K	0.2%	$115.91 *	$63.47	+36.9%	COM	438516106
CAT	CATERPILLAR INC	5,389	$500K	0.1%	$92.78 *	$63.67	+18.7%	COM	149123101
JFBC	JEFFERSONVILLE BANCORP	30,006	$495K	0.1%	$16.50 *	$11.22	+34.4%	COM	47559A103
JCI	JOHNSON CONTROLS INTERNATIONAL	11,932	$491K	0.1%	$41.15 *	$34.30	-2.1%	COM	G51502105
EBAY	EBAY INC COM	15,423	$458K	0.1%	$29.70 *	$23.64	+11.8%	COM	278642103
—	ROYAL DUTCH SHELL SPON ADR	8,050	$438K	0.1%	$54.41	$64.38	—	COM	780259206
SO	THE SOUTHERN COMPANY	8,694	$428K	0.1%	$49.23 *	$26.55	+27.3%	COM	842587107
KMB	KIMBERLY-CLARK CORP	3,695	$422K	0.1%	$114.21 *	$68.94	+21.3%	COM	494368103
SCHW	THE CHARLES SCHWAB CORP	10,271	$405K	0.1%	$39.43 *	$18.94	+85.6%	COM	808513105
WMB	WILLIAMS COMPANIES	12,978	$404K	0.1%	$31.13 *	$25.18	-23.6%	COM	969457100
KO	COCA COLA COMPANY	9,733	$404K	0.1%	$41.51 *	$29.10	+7.4%	COM	191216100
BP	BP PLC ADR	10,754	$402K	0.1%	$37.38	$42.49	-12.0%	COM	055622104
QCOM	QUALCOMM INC	5,844	$381K	0.1%	$65.20 *	$49.68	+2.6%	COM	747525103
CMCSA	COMCAST CORP NEW CL A	5,210	$360K	0.1%	$69.10 *	$17.50	+59.1%	COM	20030N101
CL	COLGATE-PALMOLIVE CO	5,413	$354K	0.1%	$65.40 *	$45.65	+15.9%	COM	194162103
BCPC	BALCHEM CORP	4,180	$351K	0.1%	$83.97 *	$44.23	+80.8%	COM	057665200
NSC	NORFOLK SOUTHERN CORP	3,150	$340K	0.1%	$107.94 *	$68.74	+31.0%	COM	655844108
AZO	AUTOZONE INC	405	$320K	0.1%	$790.12	$777.14	+1.6%	COM	053332102
M	MACYS INC	8,705	$312K	0.1%	$35.84	$42.48	-15.7%	COM	55616P104
—	SKECHERS USA INC	12,581	$309K	0.1%	$24.56	$29.12	—	COM	830566105
—	NUVEEN AMT FREE MUN INCOME FD	22,000	$293K	0.1%	$13.32	$13.32	—	COM	670657105
DRI	DARDEN RESTAURANTS INC	3,925	$285K	0.1%	$72.61 *	$31.61	+78.5%	COM	237194105
IYW	ISHARES TR DOW JONES US TECH S	2,225	$268K	0.1%	$120.45 *	$26.28	+14.4%	COM	464287721
MTB	M & T BANK CORP	1,670	$261K	0.1%	$156.29 *	$74.10	+62.8%	COM	55261F104
EPD	ENTERPRISE PRD PRTNRS LP	9,274	$251K	0.1%	$27.06	$28.90	—	COM	293792107
PM	PHILIP MORRIS INTL INC	2,739	$251K	0.1%	$91.64 *	$58.23	-0.3%	COM	718172109
WKC	WORLD FUEL SERVICES CORP	5,381	$247K	0.1%	$45.90	$40.93	+12.2%	COM	981475106
EQT	EQT CORPORATION	3,750	$245K	0.1%	$65.33 *	$29.44	+11.4%	COM	26884L109
—	ENERGEN CORPORATION	4,200	$242K	0.1%	$57.62	$48.10	—	COM	29265N108
—	ARIAD PHARMACEUTICALS INC	20,000	$234K	0.1%	$11.70	$8.25	—	COM	04033A100
—	MAXIM INTEGRATED PRODS	5,900	$228K	0.1%	$38.64	$35.79	—	COM	57772K101
ED	CONSOLIDATED EDISON INC	3,080	$227K	0.1%	$73.70 *	$53.16	+0.3%	COM	209115104
—	TWO HBRS INVT CORP COM	25,000	$218K	0.1%	$8.72	$8.79	—	COM	90187B101
—	CIMAREX ENERGY CO	1,600	$217K	0.1%	$135.63	$134.38	—	COM	171798101
CAG	CONAGRA FOODS INC	5,175	$205K	0.1%	$39.61 *	$17.69	+60.9%	COM	205887102
AES	AES CORP	15,969	$186K	0.1%	$11.65 *	$8.38	-0.7%	COM	00130H105
—	ALPS ALERIAN MLP ETF	12,225	$154K	0.0%	$12.60	$16.29	—	COM	00162Q866
—	GREATER HUDSON BANK NA	11,000	$47,000	0.0%	$4.27	$4.27	—	COM	391868106
—	ATHERSYS INC	22,500	$34,000	0.0%	$1.51	$2.13	—	COM	04744L106
—	REXAHN PHARMACEUTICALS INC	200,000	$28,000	0.0%	$0.14	$0.36	—	COM	761640101
—	WOLDS INC	600,000	$16,000	0.0%	$0.03	$0.08	—	COM	98159J101
—	HOLLYWALL ENTERTAINMENT INC	210,000	$0	0.0%	$0.00	—	—	COM	436122204
—	WESTMONT RESOURCES INC	30,000	$0	0.0%	$0.00	—	—	COM	96081P302
—	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	-90.0%	COM	00737M200
—	CHIMERA ENERGY CORP COM	16,600	$0	0.0%	$0.00	$87.23	—	COM	167250109