| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE (NON-ALLOC | 15,570 | 15,570 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MORGAN STANLEY 4% 1/15/10 | ||
| MORGAN STANLEY 5.05% 1/21/11 | 74,588 | 75,140 |
| WAL MART STORES 4.125% 2/15/11 | 100,560 | 100,424 |
| BB & T CORP 4.75% 10/1/12 | 73,784 | 79,133 |
| BOTTLING GRP 4.625% 11/15/12 | 50,553 | 53,444 |
| GOLDMAN SACHS 5.15% 1/15/14 | 49,438 | 53,853 |
| CS FIRST BOSTON 4.875% 1/15/15 | 99,010 | 107,815 |
| STATE STR B&T 5.30% 1/15/16 | 50,205 | 54,124 |
| WELLS FARGO 5.125% 9/15/16 | 49,545 | 53,347 |
| CATERPILLAR FIN SERV 5.05% | ||
| WACHOVIA CORP 5.25% 8/1/14 | 49,223 | 53,325 |
| BEAR STEARNS CO 5.30% 10/30/15 | 49,468 | 54,259 |
| CISCO SYS INC 5.50% 2/22/16 | 50,607 | 57,056 |
| ANHEUSER BUSCH COS 5% 3/1/19 | 72,211 | 79,421 |
| PEPSICO INC 4.650% 2/15/13 | 51,178 | 53,841 |
| ROYAL BK SCOTLAND GRP 5.05% | 50,044 | 48,105 |
| JPMORGAN CHASE CO 2/13/12 | 100,000 | 110,080 |
| ROYAL BANK OF CANADA 2/15/12 | 50,000 | 53,710 |
| BANK OF NY MELLON 3.1% 1/15/15 | 51,250 | 51,291 |
| BOEING CO 3.750% 11/20/16 | 51,614 | 52,315 |
| CAMPBELL SOUP 3.050% 7/15/17 | 78,209 | 75,344 |
| BARCLAYS BK PLC 4% 8/14/12 | 50,000 | 51,965 |
| BARCLAYS BK PLC 8/14/12 | 50,000 | 53,050 |
| SHELL INTL FIN 4.30% 9/22/19 | 25,153 | 26,064 |
| WESTPAC BKNG 4.875% 11/19/19 | 25,237 | 26,270 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ECOLAB INC | 40,820 | 100,840 |
| PRAXAIR INC | 33,000 | 119,338 |
| GENERAL DYNAMICS CORP | 46,574 | 84,088 |
| GENERAL ELEC CO | 11,913 | 60,357 |
| ILLINOIS TOOL WKS INC | 29,435 | 53,400 |
| MASCO CORP | 31,630 | 21,636 |
| UNITED PARCEL SERVICE INC | 143,589 | 145,160 |
| UNITED TECHNOLOGIES CORP | 44,854 | 73,761 |
| APACHE CORP | 41,513 | 206,268 |
| DEVON ENERGY CORP | 1,957 | 14,524 |
| MARATHON OIL CORP | 17,588 | 55,545 |
| SCHLUMBERGER LTD | 45,506 | 127,421 |
| LOWE'S COS INC | 8,961 | 21,193 |
| SHERWIN WILLIAMS CO | 130,577 | 251,250 |
| TARGET CORP | 72,682 | 120,260 |
| YUM BRANDS INC | 8,436 | 73,575 |
| PEPSICO INC | 67,148 | 166,592 |
| PROCTER & GAMBLE CO | 17,717 | 23,030 |
| SYSCO CORP | 15,398 | 88,200 |
| WAL MART STORES INC | 4,982 | 80,895 |
| BARD C R INC | 10,258 | 69,378 |
| CVS/CAREMARK CORP | 17,626 | 35,744 |
| JOHNSON & JOHNSON | 139,703 | 170,088 |
| TEVA PHARMACEUTICAL INDS | 12,638 | 26,847 |
| UNITED HEALTH GROUP INC | 85,300 | 72,220 |
| ZIMMER HLDGS INC | 998 | 11,810 |
| ALLSTATE CORP | 129,358 | 87,670 |
| AMERICAN EXPRESS CO | 27,064 | 32,190 |
| GOLDMAN SACHS GROUP INC | 58,833 | 99,719 |
| J P MORGAN CHASE & CO | 86,717 | 171,801 |
| MORGAN STANLEY | 47,694 | 35,373 |
| VERIZON COMMUNICATIONS INC | 39,725 | 53,670 |
| APPLIED MATLS INC | 56,134 | 40,843 |
| EMC CORP | 128,700 | 229,000 |
| FISERV INC | 52,275 | 73,200 |
| MICROSOFT CORP | 81,367 | 145,132 |
| FIDELITY ADV DIVERSIFIED INTL | ||
| FIRST AMER INTL FD | ||
| FIRST AMER MID CAP GRWTH OPP | 118,907 | 162,927 |
| FIRST AMER REAL ESTATE SECS FD | 310,200 | 348,287 |
| FIRST AMER SMALL CAP GWTH OPP | ||
| WESTERN UNION | 10,219 | 37,140 |
| DUKE ENERGY CORP | 29,046 | 45,843 |
| ENTERGY CORP | 12,331 | 19,124 |
| ALASKA COMMUNICATIONS SYSTEM | 3,659 | 2,664 |
| AMERICAN EQUITY INVT LIFE | 4,598 | 5,459 |
| ANIXTER INTL INC | 1,991 | 1,732 |
| AZZ INC | 2,081 | 3,001 |
| CISCO SYS INC | 242,270 | 201,106 |
| CLARCOR INC | 3,796 | 4,975 |
| CLECO CORP | 771 | 1,015 |
| CONSOLIDATED GRAPHICS INC | 5,450 | 3,874 |
| CULLEN FROST BANKERS INC | 2,905 | 3,362 |
| DELTIC TIMBER CORP | 2,141 | 2,423 |
| DIODES INC | 4,240 | 4,426 |
| DISCOVER FINL SVCS | 9,419 | 12,045 |
| EARTH LINK INC | 1,152 | 1,453 |
| ENPRO INDUSTRIES INC | 4,171 | 4,613 |
| GATX CORP | 5,059 | 3,563 |
| IBM CORP | 139,500 | 220,140 |
| KADANT INC | 2,623 | 2,263 |
| KINDRED HEALTHCARE INC | 1,519 | 1,121 |
| MATTHEWS INTL CORP | 3,472 | 3,078 |
| MIDDLEBY CORP | 1,321 | 1,773 |
| PROGRESS SOFTWARE CORP | 6,347 | 8,734 |
| SIGNATURE BK | 4,966 | 7,759 |
| SILVER WHEATON CORP | 2,736 | 8,901 |
| SYMMETRY MED INC | 3,374 | 1,804 |
| WABTEC CORP | 3,460 | 5,077 |
| WADDELL & REED FINL INC | 5,552 | 7,729 |
| WORLD ACCEP CORP | 5,484 | 8,290 |
| ABB LTD ADR | 4,821 | 4,176 |
| ACERGY SA ADR | 4,963 | 5,993 |
| AGRIUM INC | 2,788 | 6,147 |
| AMERICA MOVIL SA DE CV ADR | 118,669 | 157,685 |
| ANGLO AMERICAN PLC ADR | 3,053 | 2,872 |
| ARGO GROUP INTL HLDGS LTD | 3,088 | 2,247 |
| ATLAS COPCO AB ADR | 2,771 | 3,672 |
| BANCO SANTANDER CENT HISPANO | 7,679 | 4,430 |
| BRITISH AMERN TOB PLC ADR | 3,392 | 4,196 |
| CHINA MOBILE LTD | 2,361 | 2,481 |
| EON AG ADR | 2,637 | 1,642 |
| ENEL SOCIETA ADR | 5,149 | 2,232 |
| FOMENTO ECONOMICO MEXICANO | 5,219 | 8,052 |
| FRANCE TELECOM SPONS ADR | 5,432 | 3,457 |
| ING GROEP NV SPONS ADR | 7,722 | 1,655 |
| JSC MMC NORILSK NICKEL ADR | 2,568 | 3,077 |
| KEPPEL CORP LTD SPONS ADR | 7,483 | 10,025 |
| KOMATSU LTD ADR | 2,649 | 3,656 |
| KONINKLIJKE (ROYAL) KPN ADR | 5,116 | 4,518 |
| MITSUBISHI CORP ADR | 7,277 | 8,622 |
| NESTLE SA SPNS ADR | 8,348 | 12,058 |
| NINTENDO LTD ADR | 7,122 | 6,576 |
| NOKIA CORP SPONS ADR | 91,757 | 27,431 |
| ORIX CORP | 6,488 | 2,335 |
| PETROLEO BRASILEIRO SA PETRO | 34,570 | 24,445 |
| PHILIPPINE LONG DISTANCE TEL | 3,067 | 3,438 |
| RIO TINTO PLC SPONS ADR | 7,902 | 9,172 |
| RWE AG SPONS ADR | 5,331 | 3,253 |
| SAP AG | 15,547 | 21,560 |
| SUN HUNG KAI PPTYS LTD ADR | 2,537 | 3,545 |
| TOTAL SA ADR | 9,317 | 6,845 |
| TURKCELL LLETISIM HIZMET ADR | 4,856 | 4,916 |
| ABBOTT LABS | 21,023 | 17,487 |
| AFLAC INC | 20,724 | 18,509 |
| AKAMAI TECHNOLOGIES INC | 21,158 | 32,794 |
| ALCOA INC | 20,115 | 9,465 |
| ALLEGHENY TECHNOLOGIES INC | 20,543 | 15,726 |
| ALLERGAN INC | 31,210 | 32,000 |
| ALTRIA GROUP INC | 12,392 | 13,590 |
| AMAZON COM INC | 48,051 | 119,520 |
| AMERIPRISE FINL INC | 35,983 | 39,076 |
| APOLLO GROUP INC | 40,462 | 20,732 |
| APPLE INC | 77,362 | 192,568 |
| ARCHER DANIELS MIDLAND CO | 30,080 | 21,447 |
| ASSURANT INC | 20,650 | 12,827 |
| AT&T INC | 39,997 | 34,081 |
| AVALONBAY CMNTYS INC | 21,027 | 25,324 |
| BAKER HUGHES INC | 67,955 | 55,626 |
| BAXTER INTL INC | 57,923 | 48,241 |
| BECTON DICKINSON & CO | 20,745 | 20,031 |
| BIOGEN IDEC INC | 127,117 | 139,464 |
| BLACKROCK INC | 20,245 | 18,105 |
| CHUBB CORP | 21,061 | 23,737 |
| CITRIX SYS INC | 90,508 | 179,166 |
| CME GROUP INC | 26,393 | 14,157 |
| COCA COLA CO | 55,745 | 63,665 |
| COLGATE PALMOLIVE CO | 59,772 | 64,055 |
| CONOCOPHILLIPS | 20,153 | 17,910 |
| CONTINENTAL AIRLS INC | ||
| CORNING INC | 128,601 | 105,854 |
| DEERE & CO | 108,389 | 106,719 |
| DISNEY WALT CO | 146,017 | 180,573 |
| DOVER CORP | 99,891 | 139,929 |
| EDISON INTL | 20,566 | 14,900 |
| ENERGIZER HOLDINGS INC | 70,989 | 56,279 |
| EXPEDITORS INTL WASH INC | 23,872 | 28,774 |
| FAIRPOINT COMMUNICATIONS INC | 195 | 1 |
| FIRST SOLAR INC | 31,835 | 22,384 |
| FREEPORT MCMORAN COPPER | 42,605 | 59,204 |
| GAMESTOP CORP | 25,657 | 11,737 |
| GENZYME CORP | 134,446 | 125,526 |
| GILEAD SCIENCES INC | 79,824 | 63,710 |
| GOOGLE INC | 83,064 | 98,599 |
| HALLIBURTON CO | 47,375 | 52,834 |
| HESS CORP | 28,490 | 25,182 |
| HEWLETT PACKARD CO | 190,488 | 186,377 |
| HONEYWELL INTERNATIONAL INC | 67,848 | 61,081 |
| HOST HOTELS & RESORTS INC | 21,137 | 22,105 |
| HUNT JB TRANS SVCS INC | 21,206 | 28,281 |
| INTEL CORP | 69,787 | 72,406 |
| J CREW GROUP INC | 86,890 | 87,704 |
| JANUS CAPITAL GROUP INC | 82,636 | 41,128 |
| JOHNSON CTLS INC | 43,758 | 48,094 |
| KROGER CO | 20,551 | 18,022 |
| LABORATORY CORP OF AMER HLDGS | 20,487 | 22,508 |
| LOCKHEED MARTIN CORP | 20,510 | 13,353 |
| MCDERMOTT INTL INC | 12,529 | 10,883 |
| MEDCO HEALTH SOLUTIONS INC | 49,277 | 61,147 |
| MERCK & CO INC | 26,601 | 20,543 |
| MIRANT CORP | ||
| MONSANTO CO | 51,661 | 33,079 |
| MURPHY OIL CORP | 70,472 | 72,537 |
| NATIONAL OILWELL VARCO INC | 20,137 | 21,924 |
| NEWELL RUBBERMAID INC | 73,540 | 58,103 |
| NORTHWESTERN CORP | 2,726 | 2,854 |
| NRG ENERGY INC | 26,527 | 13,111 |
| ON SEMICONDUCTOR CORPORATION | 20,155 | 29,591 |
| OLD DOMINION FGHT LINE INC | 3,418 | 5,374 |
| OMNICARE INC | 20,914 | 23,486 |
| ORACLE CORPORATION | 134,320 | 250,400 |
| PMC SIERRA INC | 20,273 | 37,865 |
| PAPA JOHNS INTL INC | 2,645 | 3,158 |
| PENNY JC COMPANY INC | 56,342 | 39,515 |
| PFIZER INC | 79,272 | 70,338 |
| PHILIP MORRIS INTL INC | 28,238 | 32,309 |
| PUBLIC SVC ENTERPRISE GRP INC | 10,043 | 6,935 |
| RALCORP HLDGS INC | 38,694 | 44,142 |
| RRI ENERGY INC | ||
| RLI CORP | 3,323 | 3,102 |
| SAFEWAY INC | 114,976 | 88,303 |
| SCIENTIFIC GAMES CORPORATION | 20,719 | 9,462 |
| SIMON PROPERTY GROUP INC | 21,128 | 25,469 |
| SMITH INTL INC | ||
| SYNOPSYS INC | 89,041 | 104,438 |
| TJX COS INC | 44,482 | 62,190 |
| THE MOSIAC CO | 20,998 | 14,279 |
| THERMAL FISHER SCIENTIFIC INC | 25,034 | 27,514 |
| TRANSOCEAN LTD | 21,068 | 11,956 |
| TRAVELERS COS INC | 20,441 | 23,900 |
| TREEHOUSE FOODS INC | 981 | 2,248 |
| UNUM PROVIDENT CORP | 60,444 | 64,425 |
| UNITED FIRE & CASUALTY CO | 4,299 | 2,656 |
| VALERO ENERGY CO | 21,697 | 8,739 |
| VIACOM INC CLASS B | 28,746 | 29,470 |
| VORNADO RLTY TR | 20,756 | 19,249 |
| XTO ENERGY INC | ||
| XEROX CORP | 59,123 | 44,087 |
| BUNGE LIMITED | 30,403 | 16,380 |
| CREDIT SUISSE GRP ADR | 20,957 | 17,255 |
| INGERSOL RAND COMPANY | 62,780 | 76,992 |
| MILLICOM INTL CELLULAR | 20,667 | 19,024 |
| OPEN JT STK CO-VIMPEL COMMUN | ||
| PETROLEO BRASILEIRO SA PETRO | 4,045 | 6,014 |
| WEATHERFORD INTL LTD | 20,029 | 14,820 |
| BARCLAYS IPATH DJ AIG COMMOD | ||
| T ROWE PRICE INTL GR & INC ADV | ||
| T ROWE PRICE MID CAP GROWTH FD | 100,000 | 128,539 |
| WELLS FARGO CO | 125,242 | 27,426 |
| VALE SA SPONS ADR | 4,643 | 8,099 |
| BABCOCK WILCOX COMPANY | 11,478 | 6,730 |
| EXXON MOBIL CORP | 89,967 | 91,181 |
| FRONTIER COMMUNICATIONS CORP | 2,603 | 3,503 |
| GENON ENERGY INC | 54,288 | 13,468 |
| UNITED CONTINENTAL HOLDINGS | 21,629 | 18,746 |
| VIMPELCOM LTD ADR | 22,477 | 10,092 |
| AMERICAN EUROPACIFIC GRTH F2 | 500,000 | 536,614 |
| IPATH DOW JONES UBS COMMOD | 296,541 | 251,691 |
| NEUBERGER BERMAN GENESIS INSTL | 400,000 | 473,570 |
| SCOUT INTERNATIONAL FUND | 500,000 | 547,329 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES - PRINCIPAL (ALLOCA | 3,552 | 3,552 |
| Description | Amount |
|---|---|
| COST ADJ | 417 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | 345 | 0 | 0 | |
| FOREIGN TAXES PAID | 3,613 | 3,613 | 0 |