| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,600 | 3,600 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FROST LOW DURATIN BOND FD | 17,766 | 17,715 |
| FROST TOTAL RETURN BOND FUND | 78,887 | 80,235 |
| HARTFORD FLOATING RATE FD CL I | 17,397 | 17,416 |
| IVY HIGH INCOME FUND CLASS I | 42,457 | 43,694 |
| PIMCO TOTAL RETURN INSTL CLASS | 78,915 | 79,320 |
| TEMPELTON GLOBAL BOND FUND | 56,296 | 56,825 |
| DU PONT E I DE NEMOUR 4.75% | 54,673 | 54,411 |
| BERKSHIRE HATHAWAY FIN 5% | 54,712 | 51,422 |
| UNITED PARCEL SVC 3.875% | 53,430 | 52,103 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES | 1,964 | 1,965 |
| ACCENTURE PLC CLASS A | 2,643 | 2,660 |
| ADOBE SYSTEMS | 1,329 | 1,507 |
| AIR PRODUCTS & CHEMICALS INC | ||
| ALBEMARLE CORPORATION | ||
| ALLERGAN INC | 954 | 1,376 |
| AMAZON | 326 | 1,756 |
| AMERICAN EXPRESS CO | ||
| AMERICAN WTR WKS CO INC | ||
| AMERIPRISE FINANCIAL INC | ||
| ANADARKO PETROLEUM CORP | 1,749 | 2,972 |
| APPLE INC | 5,294 | 11,176 |
| AQUA AMERICA INC | 1,541 | 1,906 |
| ARM HLDGS PLC SPONS ADR | ||
| AT&T INC | ||
| BAIDU INC | ||
| BAXTER INTERNATIONAL INC | 2,483 | 2,666 |
| BB&T CORP | 2,903 | 3,057 |
| BCE INC | 1,058 | 1,503 |
| BHP BILLITON LTD | 4,040 | 3,529 |
| BLACKROCK INC COM | 1,294 | 1,447 |
| BORGWARNER INC | 889 | 1,432 |
| BIOGEN IDEC INC | 1,197 | 1,464 |
| BLOCK H%R INC | 2,804 | 3,064 |
| CAMERON INTERNATIONAL CORP COM | 1,231 | 1,411 |
| CARDINAL HEALTH INC | 2,815 | 3,089 |
| CEPHEID INC | 2,146 | 2,032 |
| CELGENE CORP | 1,812 | 2,746 |
| CENOVUS ENERGY INC COM | ||
| CHIPOTLE MEXICAN GRILL INC | 1,175 | 1,190 |
| CHART INDS INC | 1,515 | 1,334 |
| CHEVRON CORPORATION | 3,187 | 4,758 |
| CINEMARK HOLDINGS INC COM | 1,841 | 2,208 |
| CITRIX SYSTEMS INC | 1,130 | 984 |
| CME GROUP INC | 4,141 | 3,800 |
| CISCO SYSTEMS INC | 1,936 | 2,142 |
| COCA COLA CO | 1,360 | 1,885 |
| COGNIZANT TECH SOLOTIONS CL A | 2,112 | 2,955 |
| COBALT INTL ENERGY | 2,032 | 1,596 |
| CORNING INC | 2,406 | 2,461 |
| COSTCO | 2,262 | 2,962 |
| COVIDIEN PLC | 2,463 | 3,176 |
| CUMMINS INC | 1,437 | 2,167 |
| CVS CAREMARK CORP | 1,812 | 1,934 |
| DEERE & CO | ||
| DIRECTV COM CLASS A | 2,197 | 2,759 |
| DOLLAR GENERAL CORP COM | 2,750 | 2,866 |
| D R HORTON INC | 1,263 | 1,701 |
| EMC CORP | 2,089 | 2,783 |
| EAST WEST BANCORP INC COM | 1,926 | 1,827 |
| ECOPETROL SA SPONS ADR | ||
| EDWARDS LIFESCIENCES CORP COM | 740 | 902 |
| EMMERSON ELECTRIC CO | ||
| EBAY INCORPORATED | 2,304 | 2,805 |
| EOG RESOURCES INC COM | 1,771 | 1,933 |
| ERICSSON (LM) TEL CO | 2,515 | 2,172 |
| ELI LILLY & CO | 1,663 | 1,726 |
| ENSCO PLC | 3,052 | 3,260 |
| EXXON MOBIL CORP | ||
| FEDEX CORP COM | 1,353 | 1,376 |
| FORTINET INC | ||
| FREEPORT-MCMORAN COPPER & GOLD | ||
| F5 NETWORKS INC COM | 1,388 | 1,263 |
| FIRST NIAGARA FINL GROUP | 1,951 | 1,903 |
| FRESH MARKETS INC | 1,283 | 1,202 |
| GENERAL ELECTRIC CO | 1,140 | 1,154 |
| GILEAD SCIENCES INC | 1,835 | 2,350 |
| GOOGLE INC CL A | 967 | 1,415 |
| HUNINGTON BANCSHARES INC | 2,399 | 2,332 |
| HALLIBURTON CO | ||
| HEWLETT PACKARD CO | ||
| HONEYWELL INTERNATIONAL INC | 1,511 | 1,587 |
| HUMANA INC COM | ||
| ILLUMINA INC | 2,424 | 3,335 |
| INTL BUSINESS MACHINES CORP | ||
| INVESCO LTD | 1,128 | 1,565 |
| ISHARES COHEN & STEERS REALTY | 22,110 | 27,175 |
| KROGER CO | 3,225 | 3,643 |
| JPMORGAN CHASE & CO | 3,269 | 3,298 |
| JUNIPER NETWORKS INC COM | ||
| KELLOGG CO | ||
| KINROSS GOLD CORP COM | ||
| KRAFT FOODS INC CLASS A | 1,222 | 1,501 |
| LAM RESEARCH CORPORATION | 1,821 | 1,264 |
| LAZARD LTD | 1,530 | 1,492 |
| LINCOLN ELECTRIC HOLDINGS INC | 1,995 | 2,677 |
| LOWES COS INC | 1,280 | 1,598 |
| MASTERCARD INC CL A | 612 | 1,474 |
| MAXIM INTEGRATED PRODUCTS INC | ||
| MCDONALD'S CORP | 2,750 | 2,735 |
| MEAD JOHNSON NUTRITION CO COM | 1,351 | 1,318 |
| MICHAEL KORS HLDGS INC | 1,919 | 2,296 |
| MEDTRONIC INC | ||
| MERK & CO INC | 2,169 | 2,456 |
| METLIFE INC | 6,491 | 5,600 |
| MICROSOFT | 2,626 | 2,404 |
| NETAPP INC | ||
| MONDELEZ INTL INC | 2,299 | 2,545 |
| MONSANTO CO | 1,956 | 2,366 |
| MOTOROLA SOLUTIONS INC | 3,528 | 3,898 |
| MURPHY OIL CORP | 3,036 | 2,978 |
| NORDSTROM INC | 1,040 | 1,338 |
| NORFOLK SOUTHERN CORP | ||
| NOVARTIS AG | 1,363 | 1,582 |
| OCCIDENTAL PETROLEUM CORP | 2,413 | 2,298 |
| O'REILLY AUTOMOTIVE INC | ||
| ORACLE CORPORATION | 974 | 1,333 |
| PACCAR INC COM | ||
| PEABODY ENERGY CORP COM | ||
| PENN WEST ENERGY TRUST COM | ||
| PEPSICO INC | ||
| PANERA BREAD CO | 1,500 | 1,588 |
| PHILIP MORRIS INTL INC | 3,282 | 4,600 |
| PNC FINANCIAL SERVICES GROUP | 3,108 | 2,916 |
| POTASH CORP SASK INC | 2,217 | 1,790 |
| PRAXAIR INC | 1,197 | 1,642 |
| PRICELINE.COM INCORPORATED | 1,009 | 1,861 |
| QUALCOMM INC | 2,983 | 3,712 |
| ROCKWELL AUTOMATION INC | 778 | 1,260 |
| ROGERS COMMUNICATIONS INC CL B | ||
| RIO TINTO PLC | 1,985 | 2,033 |
| SALIX PHARMACEUTICALS LTD COM | ||
| SAP AG | 1,209 | 1,608 |
| SCHLUMBERGER | 2,324 | 1,732 |
| SEADRILL LTD | 1,686 | 2,024 |
| STAPLES INC COM | ||
| STARBUCKS | 1,317 | 3,486 |
| STARWOOD HOTELS & RESORTS | ||
| SUNCOR ENERGY INC | ||
| TERADATA CORP | 1,169 | 1,238 |
| TEVA PHARMACEUTICAL INDS LTD | ||
| TIME WARNER CABLE INC COM | 3,747 | 5,831 |
| TOTAL S.A. | 2,804 | 2,601 |
| ULTA SALON COSMETICS & FRAG CO | 1,465 | 2,456 |
| UNION PACIFIC CORP | 2,927 | 4,400 |
| UNITED TECHNOLOGIES | ||
| VISA INC CL A | 1,880 | 3,790 |
| VMWARE INC COM | 1,401 | 1,412 |
| VONAFONE GROUP PLC | 2,449 | 2,267 |
| WALGREEN CO | 1,838 | 1,850 |
| WELLS FARGO & CO NEW | 2,606 | 2,565 |
| YUM!BRANDS INC | ||
| ARTIO US SMALL CAP FUND I | ||
| CAMBIAR SMALL CAP FUND INSTL | 13,705 | 18,909 |
| INVESCO DEV MARKETS FUND INSTL | 10,497 | 12,521 |
| IVY GLOBAL NATURAL RES FUND | ||
| MAINSTAY CONVERTIBLE FUND I | 17,958 | 15,682 |
| T ROWE PRICE INTL DISCOVERY FD | 13,633 | 17,518 |
| THORNBURG INTERNATIONAL VALUE | 38,993 | 43,734 |
| VAN ECK GLOBAL HARD ASSETS | 11,891 | 11,163 |
| VANGUARD SMALL CAP GROWTH | 16,311 | 16,706 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 390 | 390 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM KERCHEVILLE | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAXES | 827 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME | 5,000 | 5,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 9,719 | 9,719 | ||
| BANK SERVICE CHARGES | 45 | 45 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 125 | 125 |