Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OBT	ORANGE CNTY BANCORP INC	829,346	$23.89M	5.9%	$28.80 *	$12.69	+26.0%	COM	68417L107
ISRG	INTUITIVE SURGICAL INC NEW	48,518	$23.21M	5.7%	$478.48 *	$102.20	+56.1%	COM	46120E602
MSFT	MICROSOFT CORP	141,366	$13.94M	3.4%	$98.61 *	$28.88	+216.9%	COM	594918104
HD	HOME DEPOT INC	68,719	$13.41M	3.3%	$195.10 *	$57.57	+182.2%	COM	437076102
MDT	MEDTRONIC PLC	148,930	$12.75M	3.1%	$85.61 *	$58.35	+20.4%	COM	G5960L103
JPM	JP MORGAN CHASE & CO	94,266	$9.822M	2.4%	$104.19 *	$39.84	+112.3%	COM	46625H100
BA	BOEING CO	26,663	$8.946M	2.2%	$335.52 *	$110.41	+192.5%	COM	097023105
TMO	THERMO FISHER SCIENTIFIC INC.	43,186	$8.945M	2.2%	$207.13	$86.36	+135.2%	COM	883556102
JNJ	JOHNSON & JOHNSON	72,912	$8.847M	2.2%	$121.34 *	$59.91	+64.2%	COM	478160104
AAPL	APPLE, INC.	46,962	$8.693M	2.1%	$185.11 *	$26.55	+64.6%	COM	037833100
—	STERLING BANCORP DEL COM	363,491	$8.542M	2.1%	$23.50	$13.37	—	COM	85917A100
ADBE	ADOBE SYSTEMS INC	33,095	$8.069M	2.0%	$243.81	$111.55	+118.6%	COM	00724F101
XOM	EXXON MOBIL CORPORATION	93,405	$7.727M	1.9%	$82.73 *	$54.19	+8.0%	COM	30231G102
PEP	PEPSICO INCORPORATED	65,615	$7.143M	1.8%	$108.86 *	$67.28	+28.8%	COM	713448108
META	FACEBOOK INC CL A	33,963	$6.6M	1.6%	$194.33	$107.85	+78.9%	COM	30303M102
RMD	RESMED INC	60,974	$6.316M	1.6%	$103.59 *	$55.95	+72.4%	COM	761152107
—	ALPS ALERIAN MLP ETF	25,345	$6.304M	1.5%	$248.73	$63.49	—	COM	00162Q866
INTC	INTEL CORP	125,148	$6.221M	1.5%	$49.71 *	$17.68	+139.0%	COM	458140100
PFE	PFIZER INCORPORATED	169,073	$6.134M	1.5%	$36.28 *	$17.08	+43.9%	COM	717081103
UNH	UNITED HEALTHCARE CORP	24,645	$6.047M	1.5%	$245.36 *	$131.84	+64.9%	COM	91324P102
—	BROADCOM LTD	24,854	$6.031M	1.5%	$242.66	$197.89	—	COM	Y09827109
BAC	BANKAMERICA CORP	198,495	$5.596M	1.4%	$28.19 *	$12.54	+87.8%	COM	060505104
CVX	CHEVRONTEXACO CORP	44,088	$5.574M	1.4%	$126.43 *	$71.10	+28.3%	COM	166764100
CSCO	CISCO SYSTEMS INC	128,214	$5.517M	1.4%	$43.03 *	$15.78	+116.9%	COM	17275R102
VZ	VERIZON COMMUNICATIONS	107,717	$5.419M	1.3%	$50.31 *	$27.38	+22.4%	COM	92343V104
LLY	ELI LILLY & COMPANY	57,803	$4.932M	1.2%	$85.32 *	$59.84	+28.4%	COM	532457108
PFF	ISHARES TR S&P US PFD STK INDE	127,820	$4.82M	1.2%	$37.71	$38.89	-3.0%	COM	464288687
—	DOWDUPONT INC	70,140	$4.624M	1.1%	$65.93	$69.14	—	COM	26078J100
—	RED HAT INC	33,960	$4.563M	1.1%	$134.36	$83.71	—	COM	756577102
BK	THE BANK OF NY MELLON CORP	79,649	$4.295M	1.1%	$53.92 *	$24.38	+78.9%	COM	064058100
—	SUNTRUST BANKS INC	63,339	$4.182M	1.0%	$66.03	$44.10	—	COM	867914103
GS	GOLDMAN SACHS GROUP INC	18,763	$4.139M	1.0%	$220.59 *	$138.74	+34.1%	COM	38141G104
ADP	AUTO DATA PROCESSING	30,852	$4.138M	1.0%	$134.12 *	$47.86	+139.2%	COM	053015103
—	HARRIS CORP DEL	27,926	$4.036M	1.0%	$144.52	$85.70	—	COM	413875105
NKE	NIKE INC CLASS B	49,350	$3.932M	1.0%	$79.68 *	$49.39	+46.5%	COM	654106103
DIS	DISNEY WALT HOLDING CO	37,018	$3.88M	1.0%	$104.81 *	$89.71	+11.0%	COM	254687106
COP	CONOCOPHILLIPS	51,260	$3.569M	0.9%	$69.63 *	$39.83	+36.2%	COM	20825C104
FDX	FEDEX CORPORATION	14,916	$3.387M	0.8%	$227.07 *	$170.38	+16.7%	COM	31428X106
EL	ESTEE LAUDER COMPANIES INC	23,180	$3.308M	0.8%	$142.71 *	$102.50	+26.7%	COM	518439104
MRSH	MARSH & MCLENNAN CO INC	37,248	$3.053M	0.8%	$81.96 *	$58.47	+24.4%	COM	571748102
AMT	AMERN TOWER CORP CLASS A	21,137	$3.047M	0.7%	$144.15 *	$90.04	+31.9%	COM	03027X100
T	AT & T INC	94,443	$3.033M	0.7%	$32.11 *	$12.24	+14.8%	COM	00206R102
KHC	KRAFT HEINZ CO	48,090	$3.021M	0.7%	$62.82 *	$49.27	-11.2%	COM	500754106
—	RAYTHEON COMPANY NEW	14,365	$2.775M	0.7%	$193.18	$101.79	—	COM	755111507
PG	PROCTER & GAMBLE CO	34,474	$2.691M	0.7%	$78.06 *	$55.27	+16.2%	COM	742718109
PNC	PNC FINANCIAL SERVICES	19,652	$2.655M	0.7%	$135.10 *	$59.15	+74.9%	COM	693475105
ORCL	ORACLE CORPORATION	56,814	$2.503M	0.6%	$44.06 *	$28.21	+39.6%	COM	68389X105
—	3M COMPANY	12,678	$2.494M	0.6%	$196.72	$125.11	—	COM	885794101
MAS	MASCO CORP	65,882	$2.465M	0.6%	$37.42 *	$25.03	+32.4%	COM	574599106
HON	HONEYWELL INTERNATIONAL	17,084	$2.461M	0.6%	$144.05 *	$93.84	+18.7%	COM	438516106
CSX	C S X CORP	37,976	$2.422M	0.6%	$63.78 *	$10.90	+76.5%	COM	126408103
MRK	MERCK & CO INC	39,801	$2.416M	0.6%	$60.70 *	$32.33	+42.3%	COM	58933Y105
GLW	CORNING INC	84,962	$2.337M	0.6%	$27.51 *	$12.28	+82.3%	COM	219350105
DUK	DUKE ENERGY CORPORATION	29,070	$2.299M	0.6%	$79.08 *	$51.23	+14.0%	COM	26441C204
—	BB&T CORP	45,008	$2.27M	0.6%	$50.44	$50.44	—	COM	054937107
AMGN	AMGEN INC COM	12,166	$2.246M	0.6%	$184.61 *	$102.37	+43.5%	COM	031162100
—	CHUBB CORPORATION	15,998	$2.032M	0.5%	$127.02	$87.70	—	COM	171232101
WMT	WAL-MART STORES INC	23,536	$2.016M	0.5%	$85.66 *	$20.56	+23.7%	COM	931142103
ENB	ENBRIDGE INC	55,850	$1.993M	0.5%	$35.68 *	$24.64	-8.9%	COM	29250N105
PSX	PHILLIPS 66	17,542	$1.97M	0.5%	$112.30 *	$42.30	+97.0%	COM	718546104
CVS	C V S CORP DEL	29,663	$1.909M	0.5%	$64.36 *	$42.92	+17.8%	COM	126650100
SYY	SYSCO CORPORATION	27,755	$1.895M	0.5%	$68.28 *	$24.67	+126.5%	COM	871829107
SBUX	STARBUCKS CORP	38,575	$1.884M	0.5%	$48.84 *	$45.37	-8.6%	COM	855244109
EMR	EMERSON ELECTRIC CO	27,212	$1.881M	0.5%	$69.12 *	$40.33	+43.5%	COM	291011104
DRI	DARDEN RESTAURANTS INC	18,060	$1.809M	0.4%	$100.17 *	$65.85	+31.7%	COM	237194105
MS	MORGAN STANLEY	37,007	$1.754M	0.4%	$47.40 *	$28.52	+32.0%	COM	617446448
—	CELGENE CORP	21,903	$1.74M	0.4%	$79.44	$112.57	—	COM	151020104
LYB	LYONDELLBASELL INDUSTRIES NV	14,936	$1.641M	0.4%	$109.87 *	$52.26	+31.7%	COM	N53745100
WFC	WELLS FARGO & CO NEW	28,581	$1.585M	0.4%	$55.46 *	$31.77	+41.6%	COM	949746101
NOC	NORTHROP GRUMMAN CORP	5,147	$1.584M	0.4%	$307.75 *	$66.01	+311.9%	COM	666807102
IBM	INTL BUSINESS MACHINES	11,245	$1.571M	0.4%	$139.71 *	$113.77	-15.5%	COM	459200101
DG	DOLLAR GENERAL CORPORATION	15,877	$1.565M	0.4%	$98.57 *	$67.50	+32.3%	COM	256677105
LECO	LINCOLN ELEC HLDGS INC	17,618	$1.546M	0.4%	$87.75	$69.04	+27.1%	COM	533900106
—	EXPRESS SCRIPTS A	19,943	$1.54M	0.4%	$77.22	$66.60	—	COM	30219G108
BMY	BRISTOL-MYERS SQUIBB CO	26,428	$1.463M	0.4%	$55.36 *	$29.88	+39.4%	COM	110122108
HAL	HALLIBURTON COMPANY	31,849	$1.435M	0.4%	$45.06 *	$33.57	+15.2%	COM	406216101
—	ABBVIE INC COM	15,363	$1.423M	0.3%	$92.63	$42.68	—	COM	002874109
—	BERKSHIRE BANCP INC DEL	108,320	$1.408M	0.3%	$13.00	$7.97	—	COM	084597202
ABT	ABBOTT LABORATORIES	22,876	$1.395M	0.3%	$60.98 *	$32.24	+66.0%	COM	002824100
OSK	OSHKOSH CORP	19,536	$1.374M	0.3%	$70.33 *	$42.26	+47.2%	COM	688239201
TD	TORONTO DOMINION BK	23,472	$1.358M	0.3%	$57.86	$45.25	+27.9%	COM	891160509
VLO	VALERO ENERGY CORP	11,505	$1.275M	0.3%	$110.82 *	$36.72	+122.8%	COM	91913Y100
—	CITRIX SYSTEMS INC	12,130	$1.272M	0.3%	$104.86	$60.37	—	COM	177376100
—	GENERAL ELECTRIC COMPANY	93,038	$1.266M	0.3%	$13.61	$23.94	—	COM	369604103
LMT	LOCKHEED MARTIN CORP	4,180	$1.235M	0.3%	$295.45 *	$146.43	+64.9%	COM	539830109
LEN	LENNAR CORP	21,665	$1.137M	0.3%	$52.48 *	$44.03	+5.8%	COM	526057104
RVTY	PERKINELMER INC	15,442	$1.131M	0.3%	$73.24	$58.02	+23.8%	COM	714046109
EBAY	EBAY INC COM	30,222	$1.096M	0.3%	$36.26 *	$28.84	+11.9%	COM	278642103
SHW	SHERWIN WILLIAMS CO	2,288	$933K	0.2%	$407.78 *	$87.17	+45.8%	COM	824348106
MDLZ	MONDELEZ INTL INC CL A	21,267	$872K	0.2%	$41.00 *	$23.72	+44.2%	COM	609207105
KMX	CARMAX INC	11,733	$855K	0.2%	$72.87	$64.82	+12.4%	COM	143130102
MCD	MCDONALDS CORP	5,410	$848K	0.2%	$156.75 *	$82.47	+59.5%	COM	580135101
—	NEXTERA ENERGY INC.	4,803	$802K	0.2%	$166.98	$82.80	—	COM	302571104
—	UNITED TECHNOLOGIES CORP	6,394	$799K	0.2%	$124.96	$113.44	—	COM	913017109
GOOGL	ALPHABET INC CLASS A	4,476	$746K	0.2%	$166.67 *	$54.04	+3.7%	COM	02079K305
CAT	CATERPILLAR INC	5,484	$744K	0.2%	$135.67 *	$67.61	+70.1%	COM	149123101
BP	BP PLC ADR	15,141	$691K	0.2%	$45.64	$40.66	+12.3%	COM	055622104
PPL	PPL CORPORATION	23,381	$668K	0.2%	$28.57 *	$19.16	+7.4%	COM	69351T106
WMB	WILLIAMS COMPANIES	23,138	$627K	0.2%	$27.10 *	$22.26	-19.5%	COM	969457100
USB	US BANCORP DEL NEW	12,525	$627K	0.2%	$50.06 *	$37.76	-2.2%	COM	902973304
ITW	ILLINOIS TOOL WORKS INC	4,303	$596K	0.1%	$138.51 *	$52.93	+118.0%	COM	452308109
—	ROYAL DUTCH SHELL SPON ADR	8,365	$579K	0.1%	$69.22	$63.16	—	COM	780259206
TAP	MOLSON COORS	8,248	$561K	0.1%	$68.02 *	$67.43	-17.3%	COM	60871R209
—	ATRION CORP	900	$539K	0.1%	$598.89	$467.78	—	COM	049904105
NSC	NORFOLK SOUTHERN CORP	3,550	$536K	0.1%	$150.99 *	$76.21	+70.0%	COM	655844108
MET	METLIFE INC	12,267	$535K	0.1%	$43.61 *	$29.42	+14.6%	COM	59156R108
JFBC	JEFFERSONVILLE BANCORP	30,006	$527K	0.1%	$17.56	$11.22	+54.7%	COM	47559A103
MO	ALTRIA GROUP INC	9,243	$525K	0.1%	$56.80 *	$19.83	+61.4%	COM	02209S103
IFF	INTL FLAVOR & FRAGRANCES	4,150	$514K	0.1%	$123.86 *	$58.18	+75.4%	COM	459506101
CAH	CARDINAL HEALTH INC	10,290	$502K	0.1%	$48.79 *	$32.61	+20.3%	COM	14149Y108
LOW	LOWES COMPANIES INC	5,202	$497K	0.1%	$95.54 *	$35.50	+134.3%	COM	548661107
CMC	COMMERCIAL METALS CO	22,220	$469K	0.1%	$21.11 *	$12.06	+52.5%	COM	201723103
SJM	SMUCKER J M CO	4,145	$446K	0.1%	$107.60 *	$99.74	-15.4%	COM	832696405
SCHW	THE CHARLES SCHWAB CORP	8,466	$433K	0.1%	$51.15 *	$18.94	+143.0%	COM	808513105
TROW	PRICE T ROWE GROUP INC	3,450	$401K	0.1%	$116.23 *	$51.69	+67.9%	COM	74144T108
BCPC	BALCHEM CORP	3,855	$378K	0.1%	$98.05 *	$44.23	+112.6%	COM	057665200
AZO	AUTOZONE INC	564	$378K	0.1%	$670.21	$747.85	-10.3%	COM	053332102
SO	THE SOUTHERN COMPANY	7,674	$355K	0.1%	$46.26 *	$26.55	+29.0%	COM	842587107
KO	COCA COLA COMPANY	8,049	$353K	0.1%	$43.86 *	$29.36	+18.5%	COM	191216100
AES	AES CORP	25,971	$348K	0.1%	$13.40 *	$8.61	+19.1%	COM	00130H105
—	ENERGEN CORPORATION	4,200	$306K	0.1%	$72.86	$54.76	—	COM	29265N108
KMB	KIMBERLY-CLARK CORP	2,885	$304K	0.1%	$105.37 *	$69.92	+16.0%	COM	494368103
CMCSA	COMCAST CORP NEW CL A	9,042	$297K	0.1%	$32.85 *	$23.66	+14.3%	COM	20030N101
CL	COLGATE-PALMOLIVE CO	4,588	$297K	0.1%	$64.73 *	$45.65	+18.7%	COM	194162103
—	NUVEEN AMT FREE MUN INCOME FD	22,000	$286K	0.1%	$13.00	$13.32	—	COM	670657105
GOOG	ALPHABET INC CLASS C	252	$285K	0.1%	$1130.95 *	$37.59	+47.3%	COM	02079K107
SUN	SUNOCO INC	11,000	$275K	0.1%	$25.00	$30.10	—	COM	86765K109
MTB	M & T BANK CORP	1,595	$271K	0.1%	$169.91 *	$74.10	+81.9%	COM	55261F104
—	MAXIM INTEGRATED PRODS	4,400	$258K	0.1%	$58.64	$35.79	—	COM	57772K101
QCOM	QUALCOMM INC	4,535	$255K	0.1%	$56.23 *	$49.68	-6.5%	COM	747525103
ED	CONSOLIDATED EDISON INC	3,037	$237K	0.1%	$78.04 *	$54.28	+9.6%	COM	209115104
GILD	GILEAD SCIENCES INC	3,280	$232K	0.1%	$70.73 *	$71.89	-25.9%	COM	375558103
AMZN	AMAZON COM INC	136	$231K	0.1%	$1698.53 *	$79.37	+7.1%	COM	023135106
EPD	ENTERPRISE PRD PRTNRS LP	8,244	$228K	0.1%	$27.66	$28.90	—	COM	293792107
BXMT	BLACKSTONE MTG TR INC	6,950	$218K	0.1%	$31.37	$31.08	—	COM	09257W100
DHR	DANAHER CORP	4,132	$218K	0.1%	$52.76 *	$74.51	+13.5%	COM	235851102
PM	PHILIP MORRIS INTL INC	2,700	$218K	0.1%	$80.74 *	$59.99	-9.1%	COM	718172109
—	LIFE STORAGE INC	2,135	$208K	0.1%	$97.42	$97.42	—	COM	53223X107
—	GLAXOSMITHKLINE PLC ADR	5,136	$207K	0.1%	$40.30	$39.14	—	COM	37733W105
EQT	EQT CORPORATION	3,750	$207K	0.1%	$55.20 *	$25.78	+7.7%	COM	26884L109
—	TWO HBRS INVT CORP COM	12,850	$203K	0.0%	$15.80	$9.04	—	COM	90187B101
—	ALLERGAN PLC	2,150	$203K	0.0%	$94.42	$304.13	—	COM	G0177J108
RITM	NEW RESIDENTIAL INVT	11,300	$198K	0.0%	$17.52	$16.73	—	COM	64828T201
—	NUVEEN MUN HIGH INCOME OPP FD	10,000	$127K	0.0%	$12.70	$12.50	—	COM	670682103
—	BLACKROCK MUNIENHANCED FD INC	11,400	$120K	0.0%	$10.53	$10.61	—	COM	09253Y100
—	APOLLO INVT CORP	20,000	$111K	0.0%	$5.55	$5.55	—	COM	03761U106
—	BLACKROCK CAPITAL INVESTMENT C	17,000	$99,000	0.0%	$5.82	$5.82	—	COM	092533108
—	ATHERSYS INC	22,500	$44,000	0.0%	$1.96	$2.13	—	COM	04744L106
—	WOLDS INC	120,000	$35,000	0.0%	$0.29	$0.08	—	COM	98159J101
—	REXAHN PHARMACEUTICALS INC	20,000	$28,000	0.0%	$1.40	$0.36	—	COM	761640101
—	AIMGLOBAL TECHNOLOGIES INC	20,000	$20,000	0.0%	$1.00	—	—	COM	00900N100
ASPR	ADSOUTH PARTNERS INC	10,001	$0	0.0%	$0.00	$0.00	-90.0%	COM	00737M200
—	WESTMONT RESOURCES INC	30,000	$0	0.0%	$0.00	—	—	COM	96081P302
—	BOREAL WATER COLLECTION INC CO	35,700	$0	0.0%	$0.00	—	—	COM	09971P100