Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OBT	ORANGE CNTY BANCORP INC	479,871	$25.81M	6.7%	$53.79 *	$10.79	+25.2%	COM	68417L107
ISRG	INTUITIVE SURGICAL INC NEW	17,330	$18.13M	4.7%	$1045.87 *	$56.31	+106.4%	COM	46120E602
MDT	MEDTRONIC PLC	162,636	$12.65M	3.3%	$77.77 *	$58.35	+8.1%	COM	G5960L103
HD	HOME DEPOT INC	70,237	$11.49M	3.0%	$163.56 *	$57.57	+132.7%	COM	437076102
MSFT	MICROSOFT CORP	145,137	$10.81M	2.8%	$74.49 *	$28.88	+136.1%	COM	594918104
JNJ	JOHNSON & JOHNSON	77,577	$10.09M	2.6%	$130.01 *	$59.91	+72.5%	COM	478160104
—	STERLING BANCORP DEL COM	382,190	$9.421M	2.4%	$24.65	$13.37	—	COM	85917A100
JPM	JP MORGAN CHASE & CO	96,314	$9.199M	2.4%	$95.51 *	$39.84	+91.5%	COM	46625H100
TMO	THERMO ELECTRON CORP	42,638	$8.067M	2.1%	$189.20 *	$84.67	+118.6%	COM	883556102
XOM	EXXON MOBIL CORPORATION	93,343	$7.652M	2.0%	$81.98 *	$54.19	+4.0%	COM	30231G102
BA	BOEING CO	29,383	$7.47M	1.9%	$254.23 *	$110.41	+118.3%	COM	097023105
AAPL	APPLE, INC.	47,163	$7.269M	1.9%	$154.13 *	$26.11	+37.7%	COM	037833100
PEP	PEPSICO INCORPORATED	63,598	$7.087M	1.8%	$111.43 *	$66.58	+30.1%	COM	713448108
PFE	PFIZER INCORPORATED	168,161	$6.003M	1.6%	$35.70 *	$17.08	+37.7%	COM	717081103
RMD	RESMED INC	57,764	$5.778M	1.5%	$100.03 *	$54.26	+30.6%	COM	761152107
CVX	CHEVRONTEXACO CORP	47,839	$5.621M	1.5%	$117.50 *	$71.10	+15.9%	COM	166764100
META	FACEBOOK INC CL A	32,058	$5.478M	1.4%	$170.88	$102.95	+64.8%	COM	30303M102
WFC	WELLS FARGO & CO NEW	97,230	$5.362M	1.4%	$55.15 *	$31.77	+38.0%	COM	949746101
INTC	INTEL CORP	137,593	$5.24M	1.4%	$38.08 *	$17.68	+79.7%	COM	458140100
VZ	VERIZON COMMUNICATIONS	103,261	$5.11M	1.3%	$49.49 *	$27.16	+17.1%	COM	92343V104
—	BROADCOM LTD	20,704	$5.022M	1.3%	$242.56	$189.53	—	COM	Y09827109
LLY	ELI LILLY & COMPANY	55,948	$4.786M	1.2%	$85.54 *	$59.53	+26.7%	COM	532457108
—	DOWDUPONT INC	69,060	$4.781M	1.2%	$69.23	$69.23	—	COM	26078J100
CSCO	CISCO SYSTEMS INC	138,625	$4.662M	1.2%	$33.63 *	$15.78	+65.5%	COM	17275R102
BAC	BANKAMERICA CORP	182,847	$4.633M	1.2%	$25.34 *	$11.67	+79.1%	COM	060505104
—	GENERAL ELECTRIC COMPANY	188,929	$4.568M	1.2%	$24.18	$23.94	—	COM	369604103
GOOG	ALPHABET INC CLASS C	4,718	$4.525M	1.2%	$959.09 *	$35.86	+32.8%	COM	02079K107
ADBE	ADOBE SYSTEMS INC	30,136	$4.496M	1.2%	$149.19	$101.37	+47.2%	COM	00724F101
BK	THE BANK OF NY MELLON CORP	81,596	$4.326M	1.1%	$53.02 *	$24.38	+73.6%	COM	064058100
KHC	KRAFT HEINZ CO	54,687	$4.241M	1.1%	$77.55 *	$49.27	+6.5%	COM	500754106
MRK	MERCK & CO INC	64,852	$4.152M	1.1%	$64.02 *	$31.93	+48.2%	COM	58933Y105
GS	GOLDMAN SACHS GROUP INC	17,200	$4.08M	1.1%	$237.21 *	$132.00	+50.1%	COM	38141G104
UNH	UNITED HEALTHCARE CORP	20,615	$4.037M	1.0%	$195.83 *	$120.29	+42.8%	COM	91324P102
PFF	ISHARES TR S&P US PFD STK INDE	102,028	$3.96M	1.0%	$38.81	$39.18	-0.9%	COM	464288687
—	SUNTRUST BANKS INC	61,594	$3.681M	1.0%	$59.76	$43.46	—	COM	867914103
PG	PROCTER & GAMBLE CO	40,264	$3.663M	0.9%	$90.97 *	$55.27	+32.2%	COM	742718109
DIS	DISNEY WALT HOLDING CO	36,939	$3.641M	0.9%	$98.57 *	$89.37	+4.0%	COM	254687106
ADP	AUTO DATA PROCESSING	32,222	$3.523M	0.9%	$109.34 *	$47.86	+91.8%	COM	053015103
—	HARRIS CORP DEL	26,413	$3.478M	0.9%	$131.68	$82.81	—	COM	413875105
—	CELGENE CORP	23,571	$3.437M	0.9%	$145.81	$114.99	—	COM	151020104
T	AT & T INC	85,672	$3.356M	0.9%	$39.17 *	$11.78	+38.2%	COM	00206R102
ORCL	ORACLE CORPORATION	69,288	$3.35M	0.9%	$48.35 *	$28.21	+51.4%	COM	68389X105
—	RED HAT INC	29,260	$3.244M	0.8%	$110.87	$75.42	—	COM	756577102
—	CHUBB CORPORATION	20,742	$2.957M	0.8%	$142.56	$87.70	—	COM	171232101
GLW	CORNING INC	97,827	$2.927M	0.8%	$29.92 *	$12.28	+94.8%	COM	219350105
CVS	C V S CORP DEL	35,783	$2.91M	0.8%	$81.32 *	$42.92	+45.8%	COM	126650100
ENB	ENBRIDGE INC	69,430	$2.905M	0.8%	$41.84 *	$24.64	+2.2%	COM	29250N105
—	3M COMPANY	16,878	$2.855M	0.7%	$169.16	$125.11	—	COM	885794101
—	RAYTHEON COMPANY NEW	15,270	$2.849M	0.7%	$186.57	$101.79	—	COM	755111507
MRSH	MARSH & MCLENNAN CO INC	33,991	$2.849M	0.7%	$83.82 *	$57.11	+28.4%	COM	571748102
FDX	FEDEX CORPORATION	11,440	$2.581M	0.7%	$225.61 *	$156.48	+25.4%	COM	31428X106
MAS	MASCO CORP	65,082	$2.539M	0.7%	$39.01 *	$25.03	+37.0%	COM	574599106
AMT	AMERN TOWER CORP CLASS A	18,336	$2.506M	0.6%	$136.67 *	$86.29	+28.4%	COM	03027X100
NKE	NIKE INC CLASS B	46,062	$2.388M	0.6%	$51.84 *	$48.68	-4.2%	COM	654106103
SBUX	STARBUCKS CORP	42,150	$2.264M	0.6%	$53.71 *	$44.78	+0.2%	COM	855244109
DUK	DUKE ENERGY CORPORATION	24,977	$2.096M	0.5%	$83.92 *	$50.30	+19.1%	COM	26441C204
COP	CONOCOPHILLIPS	41,242	$2.064M	0.5%	$50.05 *	$38.74	-0.9%	COM	20825C104
AMGN	AMGEN INC COM	10,972	$2.046M	0.5%	$186.47 *	$98.19	+47.8%	COM	031162100
PNC	PNC FINANCIAL SERVICES	19,212	$2.013M	0.5%	$104.78 *	$56.42	+80.0%	COM	693475105
HON	HONEYWELL INTERNATIONAL	13,210	$1.872M	0.5%	$141.71 *	$87.81	+22.9%	COM	438516106
BMY	BRISTOL-MYERS SQUIBB CO	28,818	$1.837M	0.5%	$63.74 *	$29.88	+57.5%	COM	110122108
EMR	EMERSON ELECTRIC CO	28,227	$1.774M	0.5%	$62.85 *	$40.33	+27.6%	COM	291011104
WMT	WAL-MART STORES INC	22,593	$1.765M	0.5%	$78.12 *	$20.07	+13.6%	COM	931142103
SYY	SYSCO CORPORATION	30,990	$1.672M	0.4%	$53.95 *	$24.67	+75.8%	COM	871829107
PSX	PHILLIPS 66	17,727	$1.624M	0.4%	$91.61 *	$42.30	+57.2%	COM	718546104
—	ALLERGAN PLC	7,912	$1.622M	0.4%	$205.01	$304.13	—	COM	G0177J108
IBM	INTL BUSINESS MACHINES	11,127	$1.614M	0.4%	$145.05 *	$114.32	-15.3%	COM	459200101
CSX	C S X CORP	29,636	$1.608M	0.4%	$54.26 *	$9.23	+75.3%	COM	126408103
HAL	HALLIBURTON COMPANY	33,649	$1.549M	0.4%	$46.03 *	$33.57	+16.3%	COM	406216101
NOC	NORTHROP GRUMMAN CORP	5,225	$1.503M	0.4%	$287.66 *	$66.01	+281.3%	COM	666807102
MS	MORGAN STANLEY	30,954	$1.491M	0.4%	$48.17 *	$25.79	+46.2%	COM	617446448
—	ABBVIE INC COM	16,467	$1.463M	0.4%	$88.84	$42.68	—	COM	002874109
LMT	LOCKHEED MARTIN CORP	4,597	$1.426M	0.4%	$310.20 *	$146.43	+70.1%	COM	539830109
TD	TORONTO DOMINION BK	25,201	$1.418M	0.4%	$56.27	$45.25	+24.3%	COM	891160509
OSK	OSHKOSH CORP	16,683	$1.377M	0.4%	$82.54 *	$37.10	+95.1%	COM	688239201
—	EXPRESS SCRIPTS A	21,410	$1.356M	0.4%	$63.33	$66.60	—	COM	30219G108
LYB	LYONDELLBASELL INDUSTRIES NV	13,345	$1.322M	0.3%	$99.06 *	$50.75	+19.1%	COM	N53745100
ABT	ABBOTT LABORATORIES	24,323	$1.298M	0.3%	$53.37 *	$32.24	+43.1%	COM	002824100
MO	ALTRIA GROUP INC	20,240	$1.284M	0.3%	$63.44 *	$19.83	+74.6%	COM	02209S103
LECO	LINCOLN ELEC HLDGS INC	13,680	$1.254M	0.3%	$91.67	$62.66	+46.3%	COM	533900106
—	BERKSHIRE BANCP INC DEL	108,320	$1.251M	0.3%	$11.55	$7.97	—	COM	084597202
DG	DOLLAR GENERAL CORPORATION	15,233	$1.235M	0.3%	$81.07 *	$67.23	+8.3%	COM	256677105
SJM	SMUCKER J M CO	11,178	$1.173M	0.3%	$104.94 *	$99.74	-19.2%	COM	832696405
—	TIME WARNER INC	11,074	$1.135M	0.3%	$102.49	$60.29	—	COM	00184A105
EL	ESTEE LAUDER COMPANIES INC	9,975	$1.076M	0.3%	$107.87 *	$77.42	+25.7%	COM	518439104
—	CITRIX SYSTEMS INC	13,550	$1.041M	0.3%	$76.83	$60.37	—	COM	177376100
VLO	VALERO ENERGY CORP	12,915	$994K	0.3%	$76.96 *	$36.72	+50.9%	COM	91913Y100
—	PIMCO CORPORATE INCOME STRAT	8,155	$982K	0.3%	$120.42	$120.42	—	COM	72200U100
MDLZ	MONDELEZ INTL INC CL A	23,215	$944K	0.2%	$40.66 *	$23.72	+40.8%	COM	609207105
MCD	MCDONALDS CORP	5,629	$882K	0.2%	$156.69 *	$78.86	+63.7%	COM	580135101
LEN	LENNAR CORP	16,355	$864K	0.2%	$52.83 *	$41.95	+9.7%	COM	526057104
CAH	CARDINAL HEALTH INC	11,700	$783K	0.2%	$66.92 *	$32.61	+60.8%	COM	14149Y108
USB	US BANCORP DEL NEW	14,500	$777K	0.2%	$53.59 *	$37.76	+3.0%	COM	902973304
RVTY	PERKINELMER INC	11,227	$774K	0.2%	$68.94 *	$52.13	+29.5%	COM	714046109
DHR	DANAHER CORP	8,881	$762K	0.2%	$85.80 *	$71.34	+2.5%	COM	235851102
SHW	SHERWIN WILLIAMS CO	2,089	$748K	0.2%	$358.07 *	$84.17	+31.8%	COM	824348106
ITW	ILLINOIS TOOL WORKS INC	4,963	$734K	0.2%	$147.89 *	$52.93	+129.3%	COM	452308109
MET	METLIFE INC	14,093	$732K	0.2%	$51.94 *	$29.42	+33.2%	COM	59156R108
KMX	CARMAX INC	9,393	$712K	0.2%	$75.80	$64.60	+17.3%	COM	143130102
—	NEXTERA ENERGY INC.	4,844	$710K	0.2%	$146.57	$82.80	—	COM	302571104
—	UNITED TECHNOLOGIES CORP	6,074	$705K	0.2%	$116.07	$112.67	—	COM	913017109
PPL	PPL CORPORATION	18,079	$686K	0.2%	$37.94 *	$17.30	+51.6%	COM	69351T106
EBAY	EBAY INC COM	17,788	$684K	0.2%	$38.45 *	$24.68	+38.7%	COM	278642103
IFF	INTL FLAVOR & FRAGRANCES	4,605	$658K	0.2%	$142.89 *	$58.18	+99.1%	COM	459506101
CAT	CATERPILLAR INC	5,239	$653K	0.2%	$124.64 *	$63.67	+63.5%	COM	149123101
—	ATRION CORP	900	$605K	0.2%	$672.22	$467.78	—	COM	049904105
TAP	MOLSON COORS	7,260	$593K	0.2%	$81.68 *	$69.29	-5.1%	COM	60871R209
GILD	GILEAD SCIENCES INC	6,920	$561K	0.1%	$81.07 *	$71.89	-17.1%	COM	375558103
BP	BP PLC ADR	14,454	$555K	0.1%	$38.40	$40.66	-5.5%	COM	055622104
—	ROYAL DUTCH SHELL SPON ADR	8,915	$540K	0.1%	$60.57	$63.16	—	COM	780259206
CMC	COMMERCIAL METALS CO	24,295	$462K	0.1%	$19.02 *	$12.06	+35.1%	COM	201723103
JFBC	JEFFERSONVILLE BANCORP	30,006	$455K	0.1%	$15.16	$11.22	+34.7%	COM	47559A103
NSC	NORFOLK SOUTHERN CORP	3,250	$430K	0.1%	$132.31 *	$70.31	+59.2%	COM	655844108
LOW	LOWES COMPANIES INC	5,315	$425K	0.1%	$79.96 *	$34.99	+96.1%	COM	548661107
KO	COCA COLA COMPANY	9,288	$418K	0.1%	$45.00 *	$29.20	+19.2%	COM	191216100
SO	THE SOUTHERN COMPANY	8,464	$416K	0.1%	$49.15 *	$26.55	+31.7%	COM	842587107
KMB	KIMBERLY-CLARK CORP	3,470	$408K	0.1%	$117.58 *	$69.92	+26.1%	COM	494368103
SCHW	THE CHARLES SCHWAB CORP	9,196	$402K	0.1%	$43.71 *	$18.94	+106.9%	COM	808513105
WMB	WILLIAMS COMPANIES	13,208	$396K	0.1%	$29.98 *	$24.92	-23.2%	COM	969457100
CL	COLGATE-PALMOLIVE CO	5,263	$383K	0.1%	$72.77 *	$45.65	+31.2%	COM	194162103
CMCSA	COMCAST CORP NEW CL A	9,942	$383K	0.1%	$38.52 *	$23.66	+32.2%	COM	20030N101
—	TWO HBRS INVT CORP COM	35,700	$360K	0.1%	$10.08	$9.04	—	COM	90187B101
TROW	PRICE T ROWE GROUP INC	3,700	$335K	0.1%	$90.54 *	$51.69	+28.9%	COM	74144T108
IYW	ISHARES TR DOW JONES US TECH S	2,225	$334K	0.1%	$150.11 *	$26.28	+42.6%	COM	464287721
BCPC	BALCHEM CORP	4,080	$332K	0.1%	$81.37 *	$44.23	+75.2%	COM	057665200
DRI	DARDEN RESTAURANTS INC	3,875	$305K	0.1%	$78.71 *	$32.28	+93.5%	COM	237194105
—	NUVEEN AMT FREE MUN INCOME FD	22,000	$305K	0.1%	$13.86	$13.32	—	COM	670657105
PM	PHILIP MORRIS INTL INC	2,739	$304K	0.1%	$110.99 *	$59.99	+20.7%	COM	718172109
SUN	SUNOCO INC	9,700	$302K	0.1%	$31.13	$30.71	—	COM	86765K109
ALB	ALBEMARLE CORP	2,150	$293K	0.1%	$136.28 *	$86.27	+41.2%	COM	012653101
AZO	AUTOZONE INC	493	$293K	0.1%	$594.32	$760.02	-21.7%	COM	053332102
MTB	M & T BANK CORP	1,645	$265K	0.1%	$161.09 *	$74.10	+69.9%	COM	55261F104
—	GREATER HUDSON BANK NA	7,473	$248K	0.1%	$33.19	$4.27	—	COM	391868106
—	MAXIM INTEGRATED PRODS	5,200	$248K	0.1%	$47.69	$35.79	—	COM	57772K101
QCOM	QUALCOMM INC	4,753	$246K	0.1%	$51.76 *	$49.68	-16.0%	COM	747525103
EQT	EQT CORPORATION	3,750	$245K	0.1%	$65.33 *	$29.44	+11.3%	COM	26884L109
EPD	ENTERPRISE PRD PRTNRS LP	9,366	$244K	0.1%	$26.05	$28.90	—	COM	293792107
—	GLAXOSMITHKLINE PLC ADR	5,883	$239K	0.1%	$40.63	$43.18	—	COM	37733W105
ED	CONSOLIDATED EDISON INC	2,880	$232K	0.1%	$80.56 *	$53.16	+12.7%	COM	209115104
—	ENERGEN CORPORATION	4,200	$230K	0.1%	$54.76	$54.76	—	COM	29265N108
JCI	JOHNSON CONTROLS INTERNATIONAL	5,666	$228K	0.1%	$40.24 *	$34.30	-2.5%	COM	G51502105
—	ALPS ALERIAN MLP ETF	20,125	$226K	0.1%	$11.23	$14.28	—	COM	00162Q866
BXMT	BLACKSTONE MTG TR INC	6,950	$216K	0.1%	$31.08	$31.08	—	COM	09257W100
AES	AES CORP	19,105	$211K	0.1%	$11.04 *	$8.36	-2.6%	COM	00130H105
RITM	NEW RESIDENTIAL INVT	11,300	$189K	0.0%	$16.73	$16.73	—	COM	64828T201
—	REXAHN PHARMACEUTICALS INC	20,000	$48,000	0.0%	$2.40	$0.36	—	COM	761640101
—	ATHERSYS INC	22,500	$46,000	0.0%	$2.04	$2.13	—	COM	04744L106
—	AIMGLOBAL TECHNOLOGIES INC	41,000	$41,000	0.0%	$1.00	—	—	COM	00900N100
—	BOREAL WATER COLLECTION INC CO	35,700	$36,000	0.0%	$1.01	—	—	COM	09971P100
—	WESTMONT RESOURCES INC	30,000	$30,000	0.0%	$1.00	—	—	COM	96081P302
—	WOLDS INC	600,000	$24,000	0.0%	$0.04	$0.08	—	COM	98159J101
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