Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OBT	ORANGE CNTY BANCORP INC	480,369	$26.42M	6.5%	$55.00 *	$10.79	+29.8%	COM	68417L107
ISRG	INTUITIVE SURGICAL INC NEW	51,993	$18.97M	4.7%	$364.93 *	$102.20	+19.0%	COM	46120E602
HD	HOME DEPOT INC	70,181	$13.3M	3.3%	$189.52 *	$57.57	+171.1%	COM	437076102
MDT	MEDTRONIC PLC	156,118	$12.61M	3.1%	$80.75 *	$58.35	+12.9%	COM	G5960L103
MSFT	MICROSOFT CORP	144,863	$12.39M	3.1%	$85.54 *	$28.88	+172.4%	COM	594918104
JNJ	JOHNSON & JOHNSON	76,300	$10.66M	2.6%	$139.72 *	$59.91	+86.5%	COM	478160104
JPM	JP MORGAN CHASE & CO	96,751	$10.35M	2.6%	$106.94 *	$39.84	+115.6%	COM	46625H100
—	STERLING BANCORP DEL COM	381,990	$9.397M	2.3%	$24.60	$13.37	—	COM	85917A100
BA	BOEING CO	29,171	$8.603M	2.1%	$294.92 *	$110.41	+154.6%	COM	097023105
TMO	THERMO ELECTRON CORP	43,354	$8.232M	2.0%	$189.88 *	$86.36	+115.3%	COM	883556102
AAPL	APPLE, INC.	46,902	$7.937M	2.0%	$169.23 *	$26.11	+51.8%	COM	037833100
XOM	EXXON MOBIL CORPORATION	92,985	$7.777M	1.9%	$83.64 *	$54.19	+7.0%	COM	30231G102
PEP	PEPSICO INCORPORATED	64,689	$7.757M	1.9%	$119.91 *	$66.96	+40.2%	COM	713448108
INTC	INTEL CORP	132,992	$6.139M	1.5%	$46.16 *	$17.68	+119.2%	COM	458140100
PFE	PFIZER INCORPORATED	167,624	$6.071M	1.5%	$36.22 *	$17.08	+41.0%	COM	717081103
RMD	RESMED INC	58,129	$6.043M	1.5%	$103.96 *	$54.26	+44.3%	COM	761152107
CVX	CHEVRONTEXACO CORP	46,489	$5.82M	1.4%	$125.19 *	$71.10	+24.7%	COM	166764100
META	FACEBOOK INC CL A	32,591	$5.751M	1.4%	$176.46	$104.14	+68.3%	COM	30303M102
BAC	BANKAMERICA CORP	192,028	$5.669M	1.4%	$29.52 *	$12.20	+100.5%	COM	060505104
WFC	WELLS FARGO & CO NEW	93,432	$5.668M	1.4%	$60.66 *	$31.77	+52.8%	COM	949746101
VZ	VERIZON COMMUNICATIONS	103,913	$5.5M	1.4%	$52.93 *	$27.16	+26.7%	COM	92343V104
—	BROADCOM LTD	21,178	$5.441M	1.3%	$256.92	$191.04	—	COM	Y09827109
ADBE	ADOBE SYSTEMS INC	30,269	$5.304M	1.3%	$175.23	$101.37	+72.9%	COM	00724F101
CSCO	CISCO SYSTEMS INC	135,714	$5.198M	1.3%	$38.30 *	$15.78	+90.1%	COM	17275R102
GOOG	ALPHABET INC CLASS C	4,873	$5.099M	1.3%	$1046.38 *	$36.32	+43.0%	COM	02079K107
—	DOWDUPONT INC	68,933	$4.909M	1.2%	$71.21	$69.23	—	COM	26078J100
UNH	UNITED HEALTHCARE CORP	22,254	$4.906M	1.2%	$220.45 *	$125.13	+55.0%	COM	91324P102
LLY	ELI LILLY & COMPANY	56,383	$4.762M	1.2%	$84.46 *	$59.53	+25.9%	COM	532457108
BK	THE BANK OF NY MELLON CORP	81,364	$4.382M	1.1%	$53.86 *	$24.38	+77.2%	COM	064058100
GS	GOLDMAN SACHS GROUP INC	17,145	$4.368M	1.1%	$254.77 *	$132.00	+61.7%	COM	38141G104
KHC	KRAFT HEINZ CO	55,193	$4.292M	1.1%	$77.76 *	$49.27	+7.7%	COM	500754106
PFF	ISHARES TR S&P US PFD STK INDE	110,233	$4.197M	1.0%	$38.07	$39.12	-2.7%	COM	464288687
—	SUNTRUST BANKS INC	61,538	$3.975M	1.0%	$64.59	$43.46	—	COM	867914103
DIS	DISNEY WALT HOLDING CO	35,677	$3.836M	0.9%	$107.52 *	$89.37	+14.3%	COM	254687106
—	HARRIS CORP DEL	26,593	$3.767M	0.9%	$141.65	$82.81	—	COM	413875105
ADP	AUTO DATA PROCESSING	31,871	$3.735M	0.9%	$117.19 *	$47.86	+106.8%	COM	053015103
—	RED HAT INC	30,175	$3.624M	0.9%	$120.10	$76.78	—	COM	756577102
PG	PROCTER & GAMBLE CO	38,647	$3.551M	0.9%	$91.88 *	$55.27	+34.5%	COM	742718109
—	3M COMPANY	13,559	$3.191M	0.8%	$235.34	$125.11	—	COM	885794101
T	AT & T INC	80,557	$3.132M	0.8%	$38.88 *	$11.78	+39.4%	COM	00206R102
ORCL	ORACLE CORPORATION	64,820	$3.065M	0.8%	$47.28 *	$28.21	+48.6%	COM	68389X105
FDX	FEDEX CORPORATION	11,925	$2.976M	0.7%	$249.56 *	$158.21	+37.5%	COM	31428X106
GLW	CORNING INC	92,201	$2.95M	0.7%	$32.00 *	$12.28	+109.3%	COM	219350105
PNC	PNC FINANCIAL SERVICES	20,362	$2.938M	0.7%	$144.29 *	$59.15	+84.9%	COM	693475105
—	CHUBB CORPORATION	19,990	$2.921M	0.7%	$146.12	$87.70	—	COM	171232101
NKE	NIKE INC CLASS B	46,367	$2.9M	0.7%	$62.54 *	$48.68	+16.0%	COM	654106103
—	CELGENE CORP	27,659	$2.886M	0.7%	$104.34	$113.41	—	COM	151020104
MAS	MASCO CORP	65,567	$2.881M	0.7%	$43.94 *	$25.03	+54.8%	COM	574599106
MRSH	MARSH & MCLENNAN CO INC	35,291	$2.872M	0.7%	$81.38 *	$57.69	+23.4%	COM	571748102
—	RAYTHEON COMPANY NEW	14,887	$2.797M	0.7%	$187.88	$101.79	—	COM	755111507
ENB	ENBRIDGE INC	67,330	$2.633M	0.7%	$39.11 *	$24.64	-3.2%	COM	29250N105
AMT	AMERN TOWER CORP CLASS A	18,332	$2.615M	0.6%	$142.65 *	$86.29	+34.7%	COM	03027X100
—	GENERAL ELECTRIC COMPANY	145,679	$2.542M	0.6%	$17.45	$23.94	—	COM	369604103
COP	CONOCOPHILLIPS	44,505	$2.443M	0.6%	$54.89 *	$38.81	+9.1%	COM	20825C104
HON	HONEYWELL INTERNATIONAL	15,890	$2.437M	0.6%	$153.37 *	$92.12	+27.4%	COM	438516106
SBUX	STARBUCKS CORP	42,345	$2.432M	0.6%	$57.43 *	$44.78	+7.7%	COM	855244109
CVS	C V S CORP DEL	33,293	$2.414M	0.6%	$72.51 *	$42.92	+30.9%	COM	126650100
MRK	MERCK & CO INC	40,101	$2.256M	0.6%	$56.26 *	$31.93	+31.4%	COM	58933Y105
WMT	WAL-MART STORES INC	22,781	$2.25M	0.6%	$98.77 *	$20.07	+44.3%	COM	931142103
DUK	DUKE ENERGY CORPORATION	25,361	$2.133M	0.5%	$84.11 *	$50.49	+20.1%	COM	26441C204
EL	ESTEE LAUDER COMPANIES INC	15,730	$2.001M	0.5%	$127.21 *	$88.81	+29.7%	COM	518439104
EMR	EMERSON ELECTRIC CO	28,015	$1.952M	0.5%	$69.68 *	$40.33	+42.7%	COM	291011104
AMGN	AMGEN INC COM	11,028	$1.918M	0.5%	$173.92 *	$98.19	+38.8%	COM	031162100
SYY	SYSCO CORPORATION	29,430	$1.787M	0.4%	$60.72 *	$24.67	+99.1%	COM	871829107
PSX	PHILLIPS 66	17,593	$1.78M	0.4%	$101.18 *	$42.30	+74.9%	COM	718546104
BMY	BRISTOL-MYERS SQUIBB CO	28,446	$1.743M	0.4%	$61.27 *	$29.88	+52.4%	COM	110122108
CSX	C S X CORP	31,240	$1.718M	0.4%	$54.99 *	$9.57	+72.1%	COM	126408103
MS	MORGAN STANLEY	31,809	$1.669M	0.4%	$52.47 *	$26.17	+57.8%	COM	617446448
IBM	INTL BUSINESS MACHINES	10,865	$1.667M	0.4%	$153.43 *	$114.32	-9.5%	COM	459200101
NOC	NORTHROP GRUMMAN CORP	5,275	$1.619M	0.4%	$306.92 *	$66.01	+308.1%	COM	666807102
HAL	HALLIBURTON COMPANY	33,129	$1.619M	0.4%	$48.87 *	$33.57	+24.0%	COM	406216101
LYB	LYONDELLBASELL INDUSTRIES NV	14,504	$1.6M	0.4%	$110.31 *	$51.76	+31.2%	COM	N53745100
—	ABBVIE INC COM	16,417	$1.588M	0.4%	$96.73	$42.68	—	COM	002874109
—	EXPRESS SCRIPTS A	21,131	$1.577M	0.4%	$74.63	$66.60	—	COM	30219G108
OSK	OSHKOSH CORP	17,106	$1.555M	0.4%	$90.90 *	$38.08	+109.9%	COM	688239201
LECO	LINCOLN ELEC HLDGS INC	16,139	$1.478M	0.4%	$91.58	$67.04	+36.6%	COM	533900106
DG	DOLLAR GENERAL CORPORATION	15,647	$1.455M	0.4%	$92.99 *	$67.50	+24.1%	COM	256677105
LMT	LOCKHEED MARTIN CORP	4,502	$1.445M	0.4%	$320.97 *	$146.43	+77.1%	COM	539830109
TD	TORONTO DOMINION BK	23,758	$1.392M	0.3%	$58.59	$45.25	+29.5%	COM	891160509
MO	ALTRIA GROUP INC	19,239	$1.374M	0.3%	$71.42 *	$19.83	+98.4%	COM	02209S103
ABT	ABBOTT LABORATORIES	24,063	$1.373M	0.3%	$57.06 *	$32.24	+53.8%	COM	002824100
—	BERKSHIRE BANCP INC DEL	108,320	$1.366M	0.3%	$12.61	$7.97	—	COM	084597202
DHR	DANAHER CORP	13,530	$1.256M	0.3%	$92.83 *	$73.71	+7.6%	COM	235851102
—	CITRIX SYSTEMS INC	13,210	$1.162M	0.3%	$87.96	$60.37	—	COM	177376100
VLO	VALERO ENERGY CORP	11,880	$1.092M	0.3%	$91.92 *	$36.72	+81.8%	COM	91913Y100
LEN	LENNAR CORP	16,782	$1.061M	0.3%	$63.22 *	$42.20	+32.8%	COM	526057104
—	TIME WARNER INC	10,999	$1.006M	0.2%	$91.46	$60.29	—	COM	00184A105
—	ALLERGAN PLC	6,012	$983K	0.2%	$163.51	$304.13	—	COM	G0177J108
MDLZ	MONDELEZ INTL INC CL A	22,590	$967K	0.2%	$42.81 *	$23.72	+48.9%	COM	609207105
MCD	MCDONALDS CORP	5,439	$936K	0.2%	$172.09 *	$78.86	+80.9%	COM	580135101
RVTY	PERKINELMER INC	12,379	$905K	0.2%	$73.11 *	$53.81	+33.1%	COM	714046109
SHW	SHERWIN WILLIAMS CO	2,189	$898K	0.2%	$410.23 *	$85.92	+48.2%	COM	824348106
CAT	CATERPILLAR INC	5,239	$826K	0.2%	$157.66 *	$63.67	+107.8%	COM	149123101
EBAY	EBAY INC COM	20,368	$769K	0.2%	$37.76 *	$25.74	+30.5%	COM	278642103
—	UNITED TECHNOLOGIES CORP	6,019	$768K	0.2%	$127.60	$112.67	—	COM	913017109
ITW	ILLINOIS TOOL WORKS INC	4,563	$761K	0.2%	$166.78 *	$52.93	+159.8%	COM	452308109
—	NEXTERA ENERGY INC.	4,845	$757K	0.2%	$156.24	$82.80	—	COM	302571104
PPL	PPL CORPORATION	23,970	$742K	0.2%	$30.96 *	$19.16	+12.9%	COM	69351T106
USB	US BANCORP DEL NEW	13,825	$741K	0.2%	$53.60 *	$37.76	+3.5%	COM	902973304
CAH	CARDINAL HEALTH INC	11,450	$702K	0.2%	$61.31 *	$32.61	+48.4%	COM	14149Y108
MET	METLIFE INC	13,793	$697K	0.2%	$50.53 *	$29.42	+30.5%	COM	59156R108
IFF	INTL FLAVOR & FRAGRANCES	4,425	$675K	0.2%	$152.54 *	$58.18	+113.6%	COM	459506101
SJM	SMUCKER J M CO	5,206	$647K	0.2%	$124.28 *	$99.74	-3.5%	COM	832696405
BP	BP PLC ADR	14,666	$616K	0.2%	$42.00	$40.65	+3.4%	COM	055622104
—	ROYAL DUTCH SHELL SPON ADR	8,998	$600K	0.1%	$66.68	$63.16	—	COM	780259206
KMX	CARMAX INC	9,318	$598K	0.1%	$64.18	$64.60	-0.7%	COM	143130102
—	ATRION CORP	900	$568K	0.1%	$631.11	$467.78	—	COM	049904105
TAP	MOLSON COORS	6,551	$538K	0.1%	$82.12 *	$69.29	-4.1%	COM	60871R209
LOW	LOWES COMPANIES INC	5,391	$501K	0.1%	$92.93 *	$35.50	+125.9%	COM	548661107
JFBC	JEFFERSONVILLE BANCORP	30,006	$492K	0.1%	$16.40	$11.22	+43.5%	COM	47559A103
CMC	COMMERCIAL METALS CO	22,220	$474K	0.1%	$21.33 *	$12.06	+52.3%	COM	201723103
SCHW	THE CHARLES SCHWAB CORP	8,896	$457K	0.1%	$51.37 *	$18.94	+143.4%	COM	808513105
NSC	NORFOLK SOUTHERN CORP	3,150	$456K	0.1%	$144.76 *	$70.31	+75.3%	COM	655844108
KMB	KIMBERLY-CLARK CORP	3,480	$420K	0.1%	$120.69 *	$69.92	+30.4%	COM	494368103
WMB	WILLIAMS COMPANIES	13,358	$407K	0.1%	$30.47 *	$24.85	-21.0%	COM	969457100
CL	COLGATE-PALMOLIVE CO	5,263	$397K	0.1%	$75.43 *	$45.65	+36.6%	COM	194162103
SO	THE SOUTHERN COMPANY	8,099	$389K	0.1%	$48.03 *	$26.55	+30.4%	COM	842587107
KO	COCA COLA COMPANY	8,412	$386K	0.1%	$45.89 *	$29.20	+22.5%	COM	191216100
CMCSA	COMCAST CORP NEW CL A	9,253	$371K	0.1%	$40.10 *	$23.66	+38.2%	COM	20030N101
TROW	PRICE T ROWE GROUP INC	3,480	$365K	0.1%	$104.89 *	$51.69	+50.0%	COM	74144T108
AZO	AUTOZONE INC	495	$352K	0.1%	$711.11	$760.02	-6.4%	COM	053332102
DRI	DARDEN RESTAURANTS INC	3,610	$347K	0.1%	$96.12 *	$32.28	+137.7%	COM	237194105
IYW	ISHARES TR DOW JONES US TECH S	2,060	$335K	0.1%	$162.62 *	$26.28	+54.9%	COM	464287721
GT	GOODYEAR TIRE & RUBBER	10,208	$330K	0.1%	$32.33	$31.76	+1.7%	COM	382550101
GILD	GILEAD SCIENCES INC	4,550	$326K	0.1%	$71.65 *	$71.89	-26.2%	COM	375558103
NVDA	NVIDIA CORP	1,609	$311K	0.1%	$193.29 *	$4.91	-2.6%	COM	67066G104
BCPC	BALCHEM CORP	3,855	$311K	0.1%	$80.67 *	$44.23	+74.6%	COM	057665200
—	NUVEEN AMT FREE MUN INCOME FD	22,000	$302K	0.1%	$13.73	$13.32	—	COM	670657105
QCOM	QUALCOMM INC	4,653	$298K	0.1%	$64.04 *	$49.68	+4.7%	COM	747525103
—	TWO HBRS INVT CORP COM	17,850	$290K	0.1%	$16.25	$9.04	—	COM	90187B101
PM	PHILIP MORRIS INTL INC	2,700	$285K	0.1%	$105.56 *	$59.99	+16.0%	COM	718172109
MTB	M & T BANK CORP	1,620	$277K	0.1%	$170.99 *	$74.10	+81.2%	COM	55261F104
SUN	SUNOCO INC	9,700	$275K	0.1%	$28.35	$30.71	—	COM	86765K109
ALB	ALBEMARLE CORP	2,150	$275K	0.1%	$127.91 *	$86.27	+32.8%	COM	012653101
ED	CONSOLIDATED EDISON INC	3,207	$272K	0.1%	$84.81 *	$54.28	+17.2%	COM	209115104
—	ENERGEN CORPORATION	4,200	$242K	0.1%	$57.62	$54.76	—	COM	29265N108
—	MAXIM INTEGRATED PRODS	4,500	$235K	0.1%	$52.22	$35.79	—	COM	57772K101
BXMT	BLACKSTONE MTG TR INC	6,950	$224K	0.1%	$32.23	$31.08	—	COM	09257W100
EPD	ENTERPRISE PRD PRTNRS LP	8,299	$220K	0.1%	$26.51	$28.90	—	COM	293792107
—	ALPS ALERIAN MLP ETF	20,125	$217K	0.1%	$10.78	$14.28	—	COM	00162Q866
EQT	EQT CORPORATION	3,750	$213K	0.1%	$56.80 *	$29.44	-2.9%	COM	26884L109
RITM	NEW RESIDENTIAL INVT	11,300	$202K	0.0%	$17.88	$16.73	—	COM	64828T201
AES	AES CORP	19,006	$149K	0.0%	$7.84 *	$8.36	-3.2%	COM	00130H105
—	AIMGLOBAL TECHNOLOGIES INC	41,000	$41,000	0.0%	$1.00	—	—	COM	00900N100
—	ATHERSYS INC	22,500	$41,000	0.0%	$1.82	$2.13	—	COM	04744L106
—	REXAHN PHARMACEUTICALS INC	20,000	$40,000	0.0%	$2.00	$0.36	—	COM	761640101
—	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	$26,000	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