| 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 | 17,179 |
| FROST TOTAL RETURN BOND FUND | 83,887 | 84,113 |
| HARTFORD FLOATING RATE FD CL I | 27,485 | 27,658 |
| HARTFORD WORLD BOND FD INSTL | 38,000 | 38,059 |
| IVY HIGH INCOME FUND CLASS I | 17,696 | 18,199 |
| MAINSTAY CONVERTIBLE FUND I | 15,176 | 15,417 |
| PIMCO TOTAL RETURN INSTL CLASS | 83,915 | 80,453 |
| TEMPELTON GLOBAL BOND FUND | 38,680 | 37,815 |
| DU PONT E I DE NEMOUR 4.75% | 54,674 | 52,438 |
| BERKSHIRE HATHAWAY FIN 5% | 0 | 0 |
| UNITED PARCEL SVC 3.875% | 53,430 | 50,414 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES | 3,274 | 3,833 |
| ABBVIE INC COM | 2,916 | 4,225 |
| ACCENTURE PLC CLASS A | 0 | 0 |
| ADOBE SYSTEMS | 0 | 0 |
| ALLERGAN INC | 0 | 0 |
| AMAZON | 326 | 2,792 |
| AMC NETWORKS INC CL A COM | 1,983 | 2,043 |
| AMERICAN INTL GROUP INC COM | 4,320 | 5,616 |
| ANADARKO PETROLEUM CORP | 909 | 1,586 |
| APPLE INC | 8,077 | 12,903 |
| AQUA AMERICA INC | 0 | 0 |
| BAXTER INTERNATIONAL INC | 6,599 | 6,955 |
| BB&T CORP | 0 | 0 |
| BCE INC | 0 | 0 |
| BIOGEN IDEC INC COM | 2,016 | 4,194 |
| BHP BILLITON LTD | 0 | 0 |
| BLACKROCK INC COM | 1,294 | 2,215 |
| BOEING CO COM | 2,683 | 4,777 |
| BORGWARNER INC | 889 | 2,236 |
| BIOGEN IDEC INC | 0 | 0 |
| BLOCK H%R INC | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO COM | 1,686 | 2,126 |
| BROADRIDGE FINANCIAL SOLUTIONS | 2,466 | 4,150 |
| CAMERON INTERNATIONAL CORP COM | 1,231 | 1,488 |
| CANADIAN PACIFIC RAILWAY LTD | 1,883 | 2,270 |
| CAPITAL ONE FINANCIAL CORP COM | 3,802 | 4,597 |
| CARDINAL HEALTH INC | 0 | 0 |
| CEPHEID INC | 0 | 0 |
| CELGENE CORP | 1,282 | 4,224 |
| CHEVRON CORPORATION COM | 1,717 | 2,998 |
| CHIPOTLE MEXICAN GRILL INC | 1,175 | 2,131 |
| CHART INDS INC | 0 | 0 |
| CINEMARK HOLDINGS INC COM | 1,412 | 2,166 |
| CITRIX SYSTEMS INC | 0 | 0 |
| CME GROUP INC | 0 | 0 |
| CISCO SYSTEMS INC | 3,700 | 4,239 |
| COACH INC COM | 3,167 | 3,368 |
| COBALT INTL ENERGY COM | 2,032 | 1,069 |
| COCA COLA CO | 0 | 0 |
| COGNIZANT TECH SOLOTIONS CL A | 1,851 | 3,534 |
| CORNING INC | 4,073 | 5,702 |
| COSTCO WHOLESALE CORP NEW COM | 2,262 | 3,571 |
| COVIDIEN PLC | 2,428 | 3,405 |
| CUMMINS INC | 1,437 | 2,819 |
| CVS CAREMARK CORP | 1,589 | 2,505 |
| DEERE & CO | 1,747 | 1,827 |
| DIRECTV COM CLASS A | 0 | 0 |
| DISCOVERY COMMUNICATIONS INC | 2,527 | 2,713 |
| DISNEY (WALT) COMPANY HOLDING | 3,810 | 4,966 |
| DOLLAR GENERAL CORP COM | 0 | 0 |
| D R HORTON INC | 0 | 0 |
| EMC CORP | 1,902 | 2,515 |
| EAST WEST BANCORP INC COM | 0 | 0 |
| EATON CORP PLC | 4,304 | 4,948 |
| EBAY INCORPORATED COM | 2,110 | 2,743 |
| EDWARDS LIFESCIENCES CORP COM | 0 | 0 |
| ENSCO PLC CL A | 3,945 | 4,003 |
| EOG RESOURCES INC COM | 1,771 | 2,685 |
| ERICSSON (LM) TEL CO | 3,690 | 3,794 |
| ELI LILLY & CO | 0 | 0 |
| ENSCO PLC | 0 | 0 |
| FACEBOOK INC COM | 1,731 | 2,459 |
| FEDEX CORP COM | 1,353 | 2,157 |
| FIRST NIAGRA FINL GROUP INC | 1,517 | 1,965 |
| F5 NETWORKS INC COM | 0 | 0 |
| FRESH MARKETS INC | 0 | 0 |
| GENERAL ELECTRIC CO | 0 | 0 |
| GILEAD SCIENCES INC | 1,692 | 4,431 |
| GOOGLE INC CL A | 4,192 | 6,724 |
| HUNINGTON BANCSHARES INC | 0 | 0 |
| HOME DEPOT INC COM | 2,639 | 2,882 |
| HONEYWELL INTERNATIONAL INC | 1,770 | 2,284 |
| HSBC HOLDINGS PLC SPON ADR NEW | 3,572 | 3,583 |
| ILLUMINA INC | 837 | 2,212 |
| INVESCO LTD | 1,128 | 2,184 |
| ISHARES COHEN & STEERS REALTY | 20,133 | 23,238 |
| KROGER CO | 0 | 0 |
| JPMORGAN CHASE & CO | 3,979 | 5,263 |
| KRAFT FOODS GROUP INC COM | 1,974 | 2,318 |
| LAM RESEARCH CORPORATION | 1,788 | 1,906 |
| LAZARD LTD | 0 | 0 |
| LINCOLN ELECTRIC HOLDINGS INC | 0 | 0 |
| LOWES COS INC | 3,774 | 4,707 |
| MASTERCARD INC CL A | 612 | 2,506 |
| MCDONALD'S CORP | 0 | 0 |
| MEAD JOHNSON NUTRITION CO COM | 0 | 0 |
| METLIFE INC COM | 1,924 | 2,696 |
| MICHAEL KORS HLDGS INC | 1,526 | 2,842 |
| MERK & CO INC | 0 | 0 |
| MICROSOFT | 0 | 0 |
| MONDELEZ INTL INC | 0 | 0 |
| MONSANTO CO | 1,955 | 2,914 |
| MOODYS CORP COM | 1,688 | 2,746 |
| MOTOROLA SOLUTIONS INC | 0 | 0 |
| MURPHY OIL CORP | 0 | 0 |
| NIELSEN HOLDINGS NV | 2,165 | 2,983 |
| NORDSTROM INC | 0 | 0 |
| NOVARTIS AG | 4,152 | 4,823 |
| PANERA BREAD CO CL A COM | 1,500 | 1,767 |
| PHILIP MORRIS INT'L INC COM | 5,129 | 6,535 |
| PRAXAIR INC COM | 1,197 | 1,950 |
| PRICELINE.COM INCORPORATED COM | 1,009 | 3,487 |
| QUALCOMM INC COM | 2,814 | 4,084 |
| OCCIDENTAL PETROLEUM CORP | 0 | 0 |
| ORACLE CORPORATION | 0 | 0 |
| PNC FINANCIAL SERVICES GROUP | 0 | 0 |
| POTASH CORP SASK INC | 0 | 0 |
| RIO TINTO PLC SPON ADR | 3,648 | 3,950 |
| ROCKWELL AUTOMATION INC | 0 | 0 |
| SAP AG | 1,758 | 2,179 |
| SCHLUMBERGER | 2,324 | 2,253 |
| SEADRILL LTD | 0 | 0 |
| STARBUCKS | 1,216 | 4,703 |
| STRYKER CORP COM | 2,559 | 3,006 |
| SUNCOR ENERGY INC | 2,601 | 2,629 |
| TERADATA CORP | 0 | 0 |
| TIME WARNER CABLE INC COM | 0 | 0 |
| TOTAL S.A. | 4,271 | 4,902 |
| TWENTY-FIRST CENTURY FOX INC | 2,537 | 2,814 |
| TYCO INTERNATIONAL LTD | 2,583 | 2,873 |
| ULTA SALON COSMETICS & FRAG CO | 0 | 0 |
| UNION PACIFIC CORP | 2,927 | 5,880 |
| VERIZON COMMUNICATIONS COM | 1,724 | 1,720 |
| VERTEX PHARMACEUTICALS INC COM | 2,051 | 1,858 |
| VISA INC CL A | 1,880 | 5,567 |
| VMWARE INC COM | 0 | 0 |
| VONAFONE GROUP PLC | 0 | 0 |
| WALGREEN CO | 0 | 0 |
| WAST CONNECTIONS INC COM | 1,781 | 2,182 |
| WELLS FARGO & CO NEW | 2,653 | 3,405 |
| ZOETIS INC COM | 2,060 | 2,125 |
| CAUSEWAY INTERNATIONAL VALUE | 23,213 | 23,892 |
| CAMBIAR SMALL CAP FUND INSTL | 0 | 0 |
| GATEWAY FUND CL Y | 13,006 | 13,183 |
| INVESCO DEV MARKETS FUND INSTL | 23,441 | 23,673 |
| LAZARD INTL EQTY PORT-INSTL | 23,203 | 24,221 |
| LAZARD LTD CL A COM | 2,358 | 3,399 |
| MAINSTAY CONVERTIBLE FUND I | 0 | 0 |
| T ROWE PRICE INTL DISCOVERY FD | 10,453 | 16,165 |
| THORNBURG INTERNATIONAL VALUE | 0 | 0 |
| VAN ECK GLOBAL HARD ASSETS | 21,383 | 22,547 |
| VANGUARD SMALL CAP GROWTH | 13,117 | 18,448 |
| VIRTUS SMALL-CAP CORE FD INSTL | 18,537 | 19,428 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 9,793 | 9,793 | ||
| BANK SERVICE CHARGES | 93 | 93 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 143 | 143 | ||
| FEDERAL INCOME TAX | 780 |