| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALLSTATE LIFE GL DTD 4/24/2008 | 15,425 | 16,334 |
| JP MORGAN CHASE & CO DTD 1/29 | 10,385 | 11,851 |
| GOLDMAN SACHS GROUP INC | 5,374 | 5,407 |
| COSTCO WHSL CORP DTD 2/20/2007 | 10,407 | 11,393 |
| GENERAL ELECTRIC CO DTD 1/28 | ||
| GLAXOSMITHKLINE CAP INC | 10,120 | 11,434 |
| INTERNATIONAL BUS MACHS CORP | 10,814 | 11,478 |
| SBC COMMUNICATIONS INC DTD 8/1 | 15,350 | 16,819 |
| VERIZON PENNSYLVANIA SER A | 5,336 | 5,202 |
| CONSOLIDATED EDISON CO OF NY | 10,069 | 11,489 |
| GEN ELEC CAP DTD 12/9/2008 3% | 10,314 | 10,690 |
| JP MORGAN CHASE & CO DTD 2/23 | ||
| CREDIT SUISSE FB USA INC | ||
| WELLS FARGO COMPANY 3.75% | 9,981 | 10,439 |
| ORACLE CORP DTD 7/8/2009 | 15,606 | 15,943 |
| CONSOLIDATED EDISON CO OF NY | ||
| US BANCORP DTD 7/27/10 2.45% | 5,033 | 4,968 |
| PEPSICO INC DTD 10/26/10 3.125 | 4,904 | 4,699 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| UGI CORP | ||
| VERIZON COMMUNICATIONS | ||
| VODAFONE GROUP PLC SPON ADR | ||
| WILLOW FINANCIAL BANCORP | ||
| AT&T INC | 15,645 | 17,305 |
| ALCATEL LUCNET SPON ADR | ||
| DELPHI CORP | ||
| ENERGY EAST CORP | ||
| EXELON CORP | ||
| GENERAL MTRS CORP | ||
| IDEARC INC | ||
| IMATION CORP | ||
| KROGER CO | ||
| NCR CORP | ||
| QWEST COMMUNICATIONS INTL INC | ||
| TERADATA CORP | ||
| LSI CORPORATION | ||
| AFLAC INC | 13,772 | 13,825 |
| AMETEK INC | 4,654 | 6,476 |
| AMGEN INC | 13,008 | 15,098 |
| AMPHENOL CORPORATION CL A | 3,249 | 4,750 |
| APPLE INC | 8,014 | 20,966 |
| AUTODESK INC | ||
| BMC SOFTWARE INC | 1,567 | 2,357 |
| BARD (C.R.) INC | ||
| WR BERKLEY CORP | ||
| BROADRIDGE FINL SOL LLC | 1,287 | 2,303 |
| CHEVRON CORPORATION | 18,563 | 20,531 |
| COACH INC | 1,911 | 3,595 |
| CON-WAY INC | ||
| COVANCE INC | ||
| CULLEN/FROST BANKERS INC | 4,183 | 4,890 |
| DANAHER CORP | 12,157 | 17,217 |
| DARDEN RESTAURANTS INC | 11,469 | 18,344 |
| DENTSPLY INTERNATIONAL INC | 2,898 | 3,075 |
| EATON VANCE CORP | 2,774 | 2,418 |
| EXXON MOBIL CORPORATION | 20,751 | 17,914 |
| FMC CORP | 5,077 | 7,190 |
| FACTSET RESEARCH SYSTEMS INC | 2,195 | 3,938 |
| FEDEX CORPORATION | ||
| GENERAL ELECTRIC CO | 10,620 | 6,950 |
| GRACO INC | ||
| HARRIS CORPORATION | 3,052 | 2,945 |
| HEWLITT-PACKARD COMPANY | 15,437 | 14,735 |
| HORMEL FOODS CORP | 3,368 | 4,357 |
| JOHNSON & JOHNSON | 18,233 | 18,246 |
| KORN/FERRY INTERNATIONAL | ||
| L-3 COMMUNICATIONS HOLDINGS | 4,604 | 3,172 |
| LABORATORY CRP OF AMER HLDGS | 6,218 | 8,792 |
| LAM RESEARCH CORP | ||
| LINCOLN ELECTRIC HOLDINGS INC | ||
| MDU RESOURCES GROUP INC | ||
| MCORMICK & COMPANY INC | 17,539 | 22,567 |
| MCGRAW HILL COS INC | 8,896 | 8,920 |
| MICROSOFT CORP | 14,089 | 14,541 |
| NETFLIX INC | 1,068 | 7,028 |
| NOBLE ENERGY INC | ||
| OCCIDENTAL PETROLEUM CORP | ||
| ONEOK INC | ||
| ORACLE CORP | 11,921 | 19,563 |
| PPG INDS INC | ||
| PPL CORP | ||
| PEPSICO INC | 19,564 | 19,926 |
| PFIZER INC | 5,939 | 4,990 |
| PHARMACEUTICAL PRODUCT DEVEL | 2,713 | 1,764 |
| PHILLIPS-VAN HEUSEN CORP | ||
| POLYCOM INC | ||
| T ROWE PRICE GROUP INC | ||
| QUALCOMM INC | 8,921 | 11,135 |
| ROSS STORES | 2,336 | 5,060 |
| SEI INVESTMENTS COMPANY | 3,508 | 3,331 |
| SCHLUMBERGER LTD | ||
| SMUCKER (J.M.) CO | ||
| SONOCO PRODUCTS CO | ||
| STANCORP FINANCIAL GROUP | ||
| STAPLES INC | 10,947 | 11,499 |
| STRYKER CORP | 6,802 | 9,666 |
| SUPERIOR ENERGY SERVICES INC | ||
| TECHNE CORP | 4,523 | 4,269 |
| TEXAS INSTRUMENTS INC | ||
| TORO CO | 3,429 | 4,315 |
| TUPPERWARE BRANDS CORP | 1,555 | 2,145 |
| US BANCORP | ||
| UNIT CORP | ||
| UNITED TECHNOLOGIES CORP | 16,073 | 19,286 |
| VF CORPORATION | 8,075 | 9,911 |
| VARIAN INC | ||
| WALGREEN CO | 14,585 | 23,766 |
| WELLS FARGO & CO | ||
| WILMINGTON TRUST CORP | ||
| ADTRAN INC | 1,305 | 2,173 |
| AEROPOSTALE INC | 1,908 | 2,710 |
| ALTERA CORPORATION | 7,823 | 16,189 |
| BJ'S WHOLESALE CLUB INC | 2,449 | 3,593 |
| CH ROBINSON WORLDWIDE INC | 9,096 | 13,632 |
| CAREER EDUCATION CORP | ||
| CATALYST HEALTH SOLUTIONS INC | 2,462 | 3,952 |
| COPART INC | 1,645 | 2,054 |
| CUBIC CORP | 1,778 | 2,122 |
| ENERGEN CORP | ||
| FOREST LABORATORIES INC | ||
| GENERAL MILLS INC | 9,920 | 10,855 |
| GREIF INC CL A | ||
| HCC INSURANCE HOLDINGS INC | 3,190 | 3,328 |
| HUBBELL INC CL B | 1,606 | 3,007 |
| INTERNATIONAL BUS MACHS CORP | 11,271 | 16,144 |
| INTUIT INC | 7,257 | 13,558 |
| LENNOX INTERNATIONAL INC | ||
| MCKESSON HBOC INC | 10,478 | 12,668 |
| NICOR INC | ||
| PERRIGO CO | 1,579 | 4,433 |
| ROLLINS INC | 1,134 | 1,975 |
| SIGMA ALDRICH CORP | 10,891 | 18,970 |
| STERIS CORP | 3,431 | 4,193 |
| WESTERN DIGITAL CORP | 1,091 | 1,526 |
| AMERICAN FINCL GROUP INC | 2,597 | 3,229 |
| AVISTA CORP | 4,067 | 4,054 |
| BOB EVANS FARMS | 3,489 | 3,461 |
| CALGON CARBON CORP | 1,996 | 1,739 |
| FEDERATED INVESTORS INC | 13,703 | 14,263 |
| J2 GLOBAL COMMUNICATIONS INC | 2,196 | 2,606 |
| MEDICIS PHARMACEUTICAL | 2,567 | 2,277 |
| MURPHY OIL CORP | 14,281 | 18,638 |
| PANERA BREAD COMPANY | 2,203 | 3,036 |
| PROGRESSIVE CORP OHIO | 9,004 | 9,140 |
| ROCK TENN COMPANY | 2,642 | 2,698 |
| WGL HOLDINGS INC | 3,522 | 3,398 |
| JOHN WILEY & SONS INC | 2,903 | 3,031 |
| WISCONSIN ENERGY CORP | 14,723 | 14,421 |
| WORLD FUEL SERVICES CORP | 3,440 | 4,339 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARTISAN INTERNATIONAL FD | AT COST | 58,637 | 47,221 |
| CONESTOGA SMALL CAP FUND | AT COST | 60,105 | 74,849 |
| GOLDMAN SACHS STRUCTURED INTL | AT COST | 44,958 | 47,640 |
| GOLDMAN SACHS SATELLITE STRAT | AT COST | 92,191 | 92,658 |
| Description | Amount |
|---|---|
| ROUNDING | 0 |
| 2009 FEDERAL TAX REFUND | 2,169 |
| PRIOR PERIOD ADJUSTMENT | 68 |