| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABB LTD ADR | 6,946 | 8,716 |
| AMGEN INC | 14,539 | 30,159 |
| ANADARKO PETROLEUM | 8,596 | 26,241 |
| BABCOCK AND WILCOX | 7,845 | 8,904 |
| BANK OF AMERICA | 55,189 | 57,044 |
| BANK OF NEW YORK | 9,780 | 8,507 |
| BECTON DICKINSON | 6,069 | 19,724 |
| BOEING | 10,207 | 22,280 |
| BOSTON SCIENTIFIC CORP | 29,091 | 25,410 |
| BROCADE CUMMINS SYS | 7,919 | 7,602 |
| BROOKFIELD ASSET MGMT | 11,372 | 15,822 |
| BROOKFIELD PROP PART | 546 | 538 |
| BUNGE LIMITED | 2,750 | 6,960 |
| CATERPILLAR INC | 8,939 | 34,320 |
| CHARTER COMMUNICATIONS | 10,119 | 0 |
| CHEVRON CORP | 9,275 | 76,473 |
| CHUBB CORPORATION | 5,253 | 8,710 |
| CIRCUIT CITY STORES | 7,870 | 0 |
| CISCO SYSTEMS | 10,005 | 14,469 |
| CITIGROUP | 25,258 | 19,496 |
| CITRIX SYSTEMS | 10,013 | 23,177 |
| COCA COLA CO | 8,057 | 15,996 |
| COCA COLA FEMSA | 2,023 | 14,634 |
| COMCAST CORP | 10,776 | 20,083 |
| CONOCOPHILLIPS | 7,958 | 29,934 |
| COOPER TIRE | 10,155 | 19,380 |
| COSTCO WHSL | 11,609 | 43,852 |
| COVIDIEN LTD | 1,981 | 3,180 |
| DEERE & CO | 10,645 | 43,555 |
| DIAMOND OFFSHR DRILLING | 5,955 | 20,643 |
| DOW CHEMICAL | 9,952 | 8,615 |
| EBAY | 7,951 | 8,115 |
| EPIQ SYSTEMS | 10,712 | 9,704 |
| FEDEX CORP | 17,199 | 19,268 |
| GAMESTOP CORP | 9,919 | 16,580 |
| GENERAL ELECTRIC | 27,066 | 23,320 |
| GOODYEAR TIRE | 26,539 | 43,906 |
| HARTFORD FINL | 5,154 | 4,594 |
| HELMERICH & PAYNE | 6,676 | 18,522 |
| HOME DEPOT | 9,955 | 21,632 |
| HONDA MOTOR CO | 5,449 | 13,149 |
| HOSPIRA | 14,934 | 17,340 |
| HUNTINGTON BACK SHS | 5,678 | 7,750 |
| INTEL CORP | 27,385 | 29,136 |
| IBM | 8,883 | 20,802 |
| INTL GAME TECH | 11,008 | 7,152 |
| JOHNSON & JOHNSON | 10,630 | 16,836 |
| JOHNSON CONTROLS | 9,949 | 13,076 |
| JPMORGAN | 10,794 | 16,377 |
| KEYCORP INC | 6,942 | 3,504 |
| LIFE TECHNOLIGIES CORP | 15,154 | 26,231 |
| LILLY ELI & CO | 17,462 | 15,948 |
| L BRANDS INC | 4,289 | 10,002 |
| LOUISIANA PACIFIC | 11,724 | 10,542 |
| MARATHON OIL | 5,515 | 20,634 |
| MARATHON PETE CORP | 3,731 | 24,750 |
| MARSH & MCLENNAN | 1,407 | 2,001 |
| MC DONALDS CORP | 10,099 | 10,623 |
| MERCK & CO | 16,464 | 23,350 |
| MICRON TECHNOLOGY | 28,480 | 19,272 |
| MICROSOFT | 31,273 | 38,390 |
| MOLSON COORS BREWING | 6,530 | 9,882 |
| MORGAN STANLEY | 9,809 | 9,065 |
| MURPHY OIL CORP HLDG | 6,728 | 6,332 |
| NETAPP INC | 2,754 | 7,506 |
| NIKE | 10,405 | 61,660 |
| PETROLEO BRASILEIRO ADR | 30,194 | 26,655 |
| PFIZER INC | 16,205 | 13,615 |
| PHILLIPS 66 | 2,365 | 16,243 |
| PIXEL WORKS | 10,620 | 1,002 |
| PRECISION CASTPARTS CORP | 8,971 | 32,088 |
| PROCTER & GAMBLE | 5,730 | 15,352 |
| RATHEON CO | 2,927 | 6,664 |
| RENETCH INC | 5,010 | 2,200 |
| ROYAL DUTCH SHELL | 10,381 | 13,274 |
| SUMMIT BANK | 47,348 | 59,750 |
| SUNTECH POWER | 14,539 | 624 |
| TCF FINANCIAL CORP | 4,835 | 3,600 |
| TECK RESOURCES LTD | 9,651 | 8,007 |
| TILLY'S INC | 3,059 | 3,304 |
| TRANOCEAN INC | 16,314 | 23,508 |
| TRAVELERS CO | 7,186 | 15,656 |
| TE CONNECTIVITY LTD | 9,344 | 22,195 |
| TYCO INTL LTD | 6,252 | 10,143 |
| US BANCORP | 2,207 | 21,036 |
| UNION PACIFIC | 11,925 | 185,544 |
| VISA INC | 7,447 | 17,814 |
| WAL MART DE MEX | 10,047 | 14,705 |
| WAL MART STORES | 22,412 | 37,420 |
| WEYERHAEUSER | 17,275 | 14,552 |
| EXCEL ENERGY | 11,995 | 20,104 |
| YAHOO | 9,895 | 7,890 |
| YINGLI GREEN ENERGY ADRF | 4,259 | 570 |
| ZIMMER HOLDINGS INS CORP | 8,359 | 15,702 |
| 3 M COMPANY | 10,185 | 12,130 |
| US GLOBAL INV CHINA | 26,176 | 19,717 |
| LIBERTY PROPERTY TRUST | 10,773 | 14,203 |
| REDWOOD TRUST INC | 12,651 | 5,748 |
| A T & T INC NEW | 5,529 | 6,998 |
| AETNA INC NEW | 6,363 | 12,076 |
| AMERICAN EXPRESS COMPANY | 7,773 | 15,142 |
| APACHE CORP | 19,022 | 16,426 |
| APPLE | 12,765 | 11,423 |
| ARCHER-DANIELS-MIDLND CO | 6,283 | 6,466 |
| BANK OF AMERICA | 9,851 | 19,124 |
| BIG LOTS INC | 8,317 | 8,513 |
| BP PLC ADR FSPONSORED ADR 1 ADR REP 6 ORD | 12,234 | 12,873 |
| BUNGE LIMITED F | 6,804 | 6,960 |
| CISCO SYSTEMS INC | 15,050 | 19,292 |
| CITIGROUP INC NEW | 11,853 | 15,597 |
| COACH | 5,185 | 5,826 |
| COOPER TIRE & RUBBER CO | 8,049 | 10,336 |
| DEVON ENERGY CP NEW | 9,232 | 7,106 |
| E O G RESOURCES INC | 9,713 | 12,910 |
| ELECTRONIC ARTS INC | 8,383 | 11,495 |
| EPIQ SYSTEMS INC | 13,643 | 12,130 |
| GENERAL ELECTRIC COMPANY | 12,456 | 17,490 |
| GOODYEAR TIRE & RUBBER | 15,556 | 18,925 |
| HUNTSMAN CORPORATION | 8,409 | 13,615 |
| INTEL CORP | 15,647 | 18,210 |
| KEYCORP INC NEW | 6,409 | 10,780 |
| MARSH & MC LENNAN CO INC | 5,400 | 10,005 |
| MASTERCARD INC | 7,508 | 17,108 |
| MC DONALDS CORP | 12,463 | 19,314 |
| MCKESSON CORPORATION | 6,245 | 11,386 |
| METLIFE INC | 7,633 | 8,842 |
| MICRON TECHNOLOGY INC | 7,628 | 11,680 |
| MURPHY OIL CORP HLDG | 8,444 | 9,498 |
| NESTLE S A REG B ADR F1 ADR REPS 1 ORD | 4,846 | 6,632 |
| NEXTERA ENERGY INC | 5,524 | 7,562 |
| NOKIA CORP SPON ADR F1 ADR REP 1 NOKIA CORPS | 11,184 | 3,096 |
| NORDSTROM INC | 7,409 | 11,764 |
| PARKER-HANNIFIN CORP | 8,123 | 14,964 |
| PETROLEO BRASILEIRO ADRFSPONSORED ADR 1 ADR REP 2 COMMON | 18,408 | 8,885 |
| SCHLUMBERGER LTD F | 6,813 | 7,303 |
| STATE STREET CORP | 8,813 | 13,236 |
| SUMMITBANK | 25,083 | 35,850 |
| TECK RESOURCES LTD | 8,043 | 6,673 |
| TIDEWATER INC (CITIZEN) US CITIZEN CERTIFICATES | 7,928 | 9,641 |
| TILLY'S INC | 4,747 | 4,956 |
| TIMKEN COMPANY | 5,706 | 13,622 |
| VERIZON COMMUNICATIONS | 6,223 | 9,696 |
| VISA INC CL A CLASS A | 6,463 | 13,360 |
| WASHINGTON BANKING CO | 6,012 | 6,820 |
| WEYERHAEUSER CO | 8,009 | 14,910 |
| XCEL ENERGY INC | 4,783 | 5,744 |
| US GLOBAL INV CHINA | 25,048 | 23,095 |
| ALLEGHENY TECH | 13,449 | 13,785 |
| COACH | 10,359 | 11,652 |
| HOWARD HUGHES CORP | 10,846 | 14,940 |
| KOHLS CORP | 10,451 | 11,567 |
| TELKONET | 6,460 | 390 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CORPORATE FEES | 100 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OREGON DEPT OF JUSTICE | 212 | 0 | 212 | |
| INVESTMENT EXPENSES | 100 | 100 | 0 | |
| FEDERAL TAX | 1,746 | 0 | 0 |