Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OBT	ORANGE CNTY BANCORP INC	475,995	$22.61M	6.3%	$47.50 *	$10.79	+10.0%	COM	68417L107
ISRG	INTUITIVE SURGICAL INC NEW	17,930	$13.74M	3.8%	$766.48 *	$56.31	+51.3%	COM	46120E602
MDT	MEDTRONIC PLC	164,686	$13.27M	3.7%	$80.56 *	$58.35	+10.8%	COM	G5960L103
HD	HOME DEPOT INC	70,404	$10.34M	2.9%	$146.82 *	$57.57	+106.5%	COM	437076102
JNJ	JOHNSON & JOHNSON	79,480	$9.899M	2.8%	$124.55 *	$59.91	+63.1%	COM	478160104
MSFT	MICROSOFT CORP	145,009	$9.55M	2.7%	$65.86 *	$28.88	+106.4%	COM	594918104
—	STERLING BANCORP DEL COM	384,990	$9.124M	2.5%	$23.70	$13.37	—	COM	85917A100
JPM	JP MORGAN CHASE & CO	93,858	$8.244M	2.3%	$87.83 *	$39.25	+76.8%	COM	46625H100
XOM	EXXON MOBIL CORPORATION	92,230	$7.564M	2.1%	$82.01 *	$54.17	+2.1%	COM	30231G102
—	GENERAL ELECTRIC COMPANY	242,872	$7.238M	2.0%	$29.80	$23.94	—	COM	369604103
PEP	PEPSICO INCORPORATED	61,995	$6.935M	1.9%	$111.86 *	$57.99	+47.9%	COM	713448108
AAPL	APPLE COMPUTER INC	47,444	$6.816M	1.9%	$143.66 *	$23.04	+44.3%	COM	037833100
TMO	THERMO ELECTRON CORP	44,125	$6.778M	1.9%	$153.61 *	$84.67	+77.2%	COM	883556102
PFE	PFIZER INCORPORATED	176,820	$6.049M	1.7%	$34.21 *	$17.08	+29.4%	COM	717081103
INTC	INTEL CORP	166,684	$6.012M	1.7%	$36.07 *	$17.68	+67.7%	COM	458140100
CSCO	CISCO SYSTEMS INC	169,014	$5.713M	1.6%	$33.80 *	$15.78	+63.4%	COM	17275R102
WFC	WELLS FARGO & CO NEW	97,478	$5.426M	1.5%	$55.66 *	$31.77	+37.3%	COM	949746101
BA	BOEING CO	30,258	$5.351M	1.5%	$176.85 *	$88.10	+87.7%	COM	097023105
CVX	CHEVRONTEXACO CORP	48,318	$5.188M	1.4%	$107.37 *	$71.10	+3.8%	COM	166764100
VZ	VERIZON COMMUNICATIONS	103,680	$5.054M	1.4%	$48.75 *	$27.16	+12.5%	COM	92343V104
RMD	RESMED INC	58,319	$5.013M	1.4%	$85.96 *	$54.26	+21.0%	COM	761152107
KHC	KRAFT HEINZ CO	52,381	$4.757M	1.3%	$90.82 *	$48.85	+24.1%	COM	500754106
LLY	ELI LILLY & COMPANY	55,288	$4.65M	1.3%	$84.11 *	$59.53	+23.0%	COM	532457108
META	FACEBOOK INC CL A	30,189	$4.288M	1.2%	$142.04	$99.98	+41.1%	COM	30303M102
MRK	MERCK & CO INC	66,891	$4.25M	1.2%	$63.54 *	$31.93	+45.0%	COM	58933Y105
BAC	BANKAMERICA CORP	173,320	$4.089M	1.1%	$23.59 *	$11.24	+71.7%	COM	060505104
DIS	DISNEY WALT HOLDING CO	35,182	$3.989M	1.1%	$113.38 *	$88.80	+19.5%	COM	254687106
GS	GOLDMAN SACHS GROUP INC	16,995	$3.904M	1.1%	$229.71 *	$130.05	+46.6%	COM	38141G104
BK	THE BANK OF NY MELLON CORP	80,353	$3.795M	1.1%	$47.23 *	$24.07	+55.3%	COM	064058100
ORCL	ORACLE CORPORATION	83,568	$3.728M	1.0%	$44.61 *	$28.21	+38.6%	COM	68389X105
ADBE	ADOBE SYSTEMS INC	28,167	$3.665M	1.0%	$130.12	$98.68	+31.9%	COM	00724F101
CVS	C V S CORP DEL	46,476	$3.648M	1.0%	$78.49 *	$42.92	+39.0%	COM	126650100
PG	PROCTER & GAMBLE CO	40,494	$3.638M	1.0%	$89.84 *	$55.04	+29.1%	COM	742718109
—	DOW CHEMICAL COMPANY	56,264	$3.575M	1.0%	$63.54	$38.71	—	COM	260543103
—	BROADCOM LTD	15,846	$3.47M	1.0%	$218.98	$167.77	—	COM	Y09827109
T	AT & T INC	83,383	$3.465M	1.0%	$41.56 *	$11.67	+43.1%	COM	00206R102
GOOG	ALPHABET INC CLASS C	4,144	$3.438M	1.0%	$829.63 *	$34.52	+19.3%	COM	02079K107
UNH	UNITED HEALTHCARE CORP	19,557	$3.208M	0.9%	$164.03 *	$118.23	+20.7%	COM	91324P102
ADP	AUTO DATA PROCESSING	31,262	$3.201M	0.9%	$102.39 *	$46.51	+82.9%	COM	053015103
—	SUNTRUST BANKS INC	56,903	$3.147M	0.9%	$55.30	$42.33	—	COM	867914103
—	EXPRESS SCRIPTS A	47,386	$3.123M	0.9%	$65.91	$66.60	—	COM	30219G108
PFF	ISHARES TR S&P US PFD STK INDE	80,000	$3.096M	0.9%	$38.70	$39.24	-1.4%	COM	464288687
—	CHUBB CORPORATION	21,627	$2.947M	0.8%	$136.26	$87.70	—	COM	171232101
GLW	CORNING INC	105,752	$2.855M	0.8%	$27.00 *	$12.28	+73.9%	COM	219350105
—	HARRIS CORP DEL	25,552	$2.843M	0.8%	$111.26	$81.65	—	COM	413875105
ENB	ENBRIDGE INC	62,264	$2.605M	0.7%	$41.84 *	$24.73	-0.5%	COM	29250N105
—	RED HAT INC	29,890	$2.585M	0.7%	$86.48	$75.42	—	COM	756577102
—	CELGENE CORP	20,676	$2.573M	0.7%	$124.44	$112.36	—	COM	151020104
—	3M COMPANY	12,915	$2.471M	0.7%	$191.33	$110.95	—	COM	885794101
PNC	PNC FINANCIAL SERVICES	19,462	$2.34M	0.7%	$120.23 *	$55.08	+62.8%	COM	693475105
—	ALLERGAN PLC	9,707	$2.319M	0.6%	$238.90	$304.13	—	COM	G0177J108
NKE	NIKE INC CLASS B	41,447	$2.31M	0.6%	$55.73 *	$48.65	+2.3%	COM	654106103
SBUX	STARBUCKS CORP	38,650	$2.257M	0.6%	$58.40 *	$44.13	+9.6%	COM	855244109
—	RAYTHEON COMPANY NEW	14,660	$2.236M	0.6%	$152.52	$98.84	—	COM	755111507
MAS	MASCO CORP	62,142	$2.112M	0.6%	$33.99 *	$24.68	+20.4%	COM	574599106
AMT	AMERN TOWER CORP CLASS A	16,691	$2.029M	0.6%	$121.56 *	$84.28	+15.2%	COM	03027X100
COP	CONOCOPHILLIPS	39,093	$1.95M	0.5%	$49.88 *	$38.93	-2.8%	COM	20825C104
IBM	INTL BUSINESS MACHINES	11,086	$1.931M	0.5%	$174.18 *	$115.22	-1.1%	COM	459200101
SJM	SMUCKER J M CO	14,398	$1.887M	0.5%	$131.06 *	$99.74	-0.2%	COM	832696405
AMGN	AMGEN INC COM	11,395	$1.87M	0.5%	$164.11 *	$98.19	+28.3%	COM	031162100
SYY	SYSCO CORPORATION	35,904	$1.864M	0.5%	$51.92 *	$24.67	+67.0%	COM	871829107
EMR	EMERSON ELECTRIC CO	28,400	$1.7M	0.5%	$59.86 *	$40.33	+19.6%	COM	291011104
DUK	DUKE ENERGY CORPORATION	20,672	$1.695M	0.5%	$81.99 *	$48.39	+18.5%	COM	26441C204
BMY	BRISTOL-MYERS SQUIBB CO	31,135	$1.693M	0.5%	$54.38 *	$29.10	+36.0%	COM	110122108
FDX	FEDEX CORPORATION	8,577	$1.674M	0.5%	$195.17 *	$150.69	+12.1%	COM	31428X106
HAL	HALLIBURTON COMPANY	33,799	$1.663M	0.5%	$49.20 *	$33.51	+23.5%	COM	406216101
WMT	WAL-MART STORES INC	22,594	$1.629M	0.5%	$72.10 *	$20.01	+3.7%	COM	931142103
MRSH	MARSH & MCLENNAN CO INC	21,423	$1.583M	0.4%	$73.89 *	$51.95	+23.3%	COM	571748102
MO	ALTRIA GROUP INC	21,265	$1.519M	0.4%	$71.43 *	$19.83	+93.0%	COM	02209S103
DG	DOLLAR GENERAL CORPORATION	21,493	$1.499M	0.4%	$69.74 *	$67.23	-7.6%	COM	256677105
CSX	C S X CORP	29,805	$1.387M	0.4%	$46.54 *	$9.09	+51.5%	COM	126408103
PSX	PHILLIPS 66	17,137	$1.358M	0.4%	$79.24 *	$41.84	+35.1%	COM	718546104
MS	MORGAN STANLEY	30,362	$1.301M	0.4%	$42.85 *	$25.65	+29.5%	COM	617446448
NOC	NORTHROP GRUMMAN CORP	5,210	$1.239M	0.3%	$237.81 *	$66.01	+212.8%	COM	666807102
TD	TORONTO DOMINION BK	24,521	$1.228M	0.3%	$50.08	$45.17	+10.9%	COM	891160509
—	BERKSHIRE BANCP INC DEL	109,184	$1.223M	0.3%	$11.20	$7.95	—	COM	084597202
LMT	LOCKHEED MARTIN CORP	4,567	$1.222M	0.3%	$267.57 *	$146.43	+44.9%	COM	539830109
OSK	OSHKOSH CORP	17,158	$1.177M	0.3%	$68.60 *	$37.10	+61.2%	COM	688239201
—	CITRIX SYSTEMS INC	14,055	$1.172M	0.3%	$83.39	$60.37	—	COM	177376100
LECO	LINCOLN ELEC HLDGS INC	13,355	$1.16M	0.3%	$86.86	$62.16	+39.7%	COM	533900106
—	ABBVIE INC COM	17,517	$1.141M	0.3%	$65.14	$42.68	—	COM	002874109
—	TIME WARNER INC	11,474	$1.121M	0.3%	$97.70	$60.29	—	COM	00184A105
CAH	CARDINAL HEALTH INC	13,675	$1.115M	0.3%	$81.54 *	$32.61	+93.5%	COM	14149Y108
ABT	ABBOTT LABORATORIES	24,163	$1.073M	0.3%	$44.41 *	$32.24	+17.7%	COM	002824100
MDLZ	MONDELEZ INTL INC CL A	24,863	$1.071M	0.3%	$43.08 *	$23.72	+47.7%	COM	609207105
PPL	PPL CORPORATION	24,434	$914K	0.3%	$37.41 *	$17.30	+46.4%	COM	69351T106
VLO	VALERO ENERGY CORP	12,960	$859K	0.2%	$66.28 *	$36.72	+27.4%	COM	91913Y100
LYB	LYONDELLBASELL INDUSTRIES NV	9,325	$850K	0.2%	$91.15 *	$49.23	+10.7%	COM	N53745100
USB	US BANCORP DEL NEW	16,250	$837K	0.2%	$51.51 *	$26.71	+38.4%	COM	902973304
TROW	PRICE T ROWE GROUP INC	11,940	$814K	0.2%	$68.17 *	$51.69	-4.5%	COM	74144T108
—	DU PONT E I DE NEMOUR&CO	10,076	$809K	0.2%	$80.29	$56.92	—	COM	263534109
MET	METLIFE INC	15,123	$799K	0.2%	$52.83 *	$29.42	+18.9%	COM	59156R108
EL	ESTEE LAUDER COMPANIES INC	8,651	$734K	0.2%	$84.85 *	$75.87	+0.2%	COM	518439104
TAP	MOLSON COORS	7,430	$711K	0.2%	$95.69 *	$69.23	+10.3%	COM	60871R209
LEN	LENNAR CORP	13,775	$705K	0.2%	$51.18 *	$41.36	+7.6%	COM	526057104
LOW	LOWES COMPANIES INC	8,550	$703K	0.2%	$82.22 *	$34.99	+99.8%	COM	548661107
ITW	ILLINOIS TOOL WORKS INC	5,163	$684K	0.2%	$132.48 *	$52.93	+103.3%	COM	452308109
—	UNITED TECHNOLOGIES CORP	6,074	$682K	0.2%	$112.28	$112.67	—	COM	913017109
SHW	SHERWIN WILLIAMS CO	2,195	$681K	0.2%	$310.25 *	$84.17	+13.6%	COM	824348106
MCD	MCDONALDS CORP	5,014	$650K	0.2%	$129.64 *	$72.75	+45.0%	COM	580135101
—	NEXTERA ENERGY INC.	4,971	$638K	0.2%	$128.34	$82.80	—	COM	302571104
IFF	INTL FLAVOR & FRAGRANCES	4,700	$623K	0.2%	$132.55 *	$58.18	+82.9%	COM	459506101
KMX	CARMAX INC	10,473	$620K	0.2%	$59.20	$64.60	-8.3%	COM	143130102
HON	HONEYWELL INTERNATIONAL	4,945	$617K	0.2%	$124.77 *	$66.60	+41.4%	COM	438516106
RVTY	PERKINELMER INC	10,444	$606K	0.2%	$58.02 *	$51.28	+10.5%	COM	714046109
DHR	DANAHER CORP	6,635	$567K	0.2%	$85.46 *	$71.26	+2.0%	COM	235851102
GILD	GILEAD SCIENCES INC	8,290	$563K	0.2%	$67.91 *	$71.89	-31.5%	COM	375558103
AZO	AUTOZONE INC	760	$550K	0.2%	$723.68	$760.02	-4.9%	COM	053332102
EBAY	EBAY INC COM	15,473	$519K	0.1%	$33.54 *	$23.64	+26.4%	COM	278642103
CAT	CATERPILLAR INC	5,389	$500K	0.1%	$92.78 *	$63.67	+19.7%	COM	149123101
JFBC	JEFFERSONVILLE BANCORP	30,006	$480K	0.1%	$16.00	$11.22	+40.2%	COM	47559A103
CMC	COMMERCIAL METALS CO	24,295	$465K	0.1%	$19.14 *	$12.06	+34.1%	COM	201723103
KMB	KIMBERLY-CLARK CORP	3,345	$440K	0.1%	$131.54 *	$68.94	+40.9%	COM	494368103
—	ROYAL DUTCH SHELL SPON ADR	8,050	$424K	0.1%	$52.67	$64.38	—	COM	780259206
SO	THE SOUTHERN COMPANY	8,464	$421K	0.1%	$49.74 *	$26.55	+30.3%	COM	842587107
—	ATRION CORP	900	$421K	0.1%	$467.78	$467.78	—	COM	049904105
BP	BP PLC ADR	11,354	$392K	0.1%	$34.53	$42.10	-18.0%	COM	055622104
WMB	WILLIAMS COMPANIES	13,258	$392K	0.1%	$29.57 *	$25.03	-26.2%	COM	969457100
SCHW	THE CHARLES SCHWAB CORP	9,496	$388K	0.1%	$40.86 *	$18.94	+92.3%	COM	808513105
KO	COCA COLA COMPANY	9,088	$386K	0.1%	$42.47 *	$29.10	+10.9%	COM	191216100
CL	COLGATE-PALMOLIVE CO	5,263	$385K	0.1%	$73.15 *	$45.65	+30.4%	COM	194162103
CMCSA	COMCAST CORP NEW CL A	9,386	$353K	0.1%	$37.61 *	$23.02	+31.6%	COM	20030N101
NSC	NORFOLK SOUTHERN CORP	3,150	$353K	0.1%	$112.06 *	$68.74	+36.4%	COM	655844108
DRI	DARDEN RESTAURANTS INC	4,025	$337K	0.1%	$83.73 *	$32.28	+102.7%	COM	237194105
BCPC	BALCHEM CORP	4,080	$336K	0.1%	$82.35 *	$44.23	+77.6%	COM	057665200
—	TWO HBRS INVT CORP COM	34,700	$333K	0.1%	$9.60	$9.01	—	COM	90187B101
IYW	ISHARES TR DOW JONES US TECH S	2,225	$301K	0.1%	$135.28 *	$26.28	+28.6%	COM	464287721
JCI	JOHNSON CONTROLS INTERNATIONAL	7,120	$300K	0.1%	$42.13 *	$34.30	+0.7%	COM	G51502105
QCOM	QUALCOMM INC	5,140	$295K	0.1%	$57.39 *	$49.68	-9.0%	COM	747525103
—	NUVEEN AMT FREE MUN INCOME FD	22,000	$294K	0.1%	$13.36	$13.32	—	COM	670657105
PM	PHILIP MORRIS INTL INC	2,439	$275K	0.1%	$112.75 *	$58.23	+24.2%	COM	718172109
MTB	M & T BANK CORP	1,670	$258K	0.1%	$154.49 *	$74.10	+61.7%	COM	55261F104
EPD	ENTERPRISE PRD PRTNRS LP	9,287	$256K	0.1%	$27.57	$28.90	—	COM	293792107
—	MAXIM INTEGRATED PRODS	5,500	$247K	0.1%	$44.91	$35.79	—	COM	57772K101
EQT	EQT CORPORATION	3,750	$229K	0.1%	$61.07 *	$29.44	+4.1%	COM	26884L109
—	ENERGEN CORPORATION	4,200	$229K	0.1%	$54.52	$48.10	—	COM	29265N108
NEU	NEWMARKET CORPORATION	500	$227K	0.1%	$454.00 *	$367.25	+3.8%	COM	651587107
ALB	ALBEMARLE CORP	2,150	$227K	0.1%	$105.58 *	$86.27	+8.8%	COM	012653101
ED	CONSOLIDATED EDISON INC	2,880	$224K	0.1%	$77.78 *	$53.16	+6.7%	COM	209115104
CAG	CONAGRA FOODS INC	5,075	$205K	0.1%	$40.39 *	$17.69	+65.0%	COM	205887102
M	MACYS INC	6,800	$202K	0.1%	$29.71	$42.48	-30.2%	COM	55616P104
AES	AES CORP	17,754	$198K	0.1%	$11.15 *	$8.37	-3.3%	COM	00130H105
—	ALPS ALERIAN MLP ETF	10,925	$139K	0.0%	$12.72	$16.29	—	COM	00162Q866
—	REXAHN PHARMACEUTICALS INC	200,000	$102K	0.0%	$0.51	$0.36	—	COM	761640101
—	GREATER HUDSON BANK NA	11,000	$51,000	0.0%	$4.64	$4.27	—	COM	391868106
—	ATHERSYS INC	22,500	$38,000	0.0%	$1.69	$2.13	—	COM	04744L106
—	WOLDS INC	600,000	$14,000	0.0%	$0.02	$0.08	—	COM	98159J101
—	HOLLYWALL ENTERTAINMENT INC	210,000	$1,000	0.0%	$0.00	—	—	COM	436122204
—	BOREAL WATER COLLECTION INC CO	35,700	$0	0.0%	$0.00	—	—	COM	09971P100
—	WESTMONT RESOURCES INC	30,000	$0	0.0%	$0.00	—	—	COM	96081P302
—	CHIMERA ENERGY CORP COM	16,600	$0	0.0%	$0.00	$87.23	—	COM	167250109
ASPR	ADSOUTH PARTNERS INC	10,001	$0	0.0%	$0.00	$0.00	-90.0%	COM	00737M200
—	AIMGLOBAL TECHNOLOGIES INC	41,000	$0	0.0%	$0.00	—	—	COM	00900N100