| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING EXPENSES | 4,106 | 2,053 | 0 | 2,053 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABIOMED INC ABMD | 8,444 | 7,151 |
| ALPHABET INC VOTING CAP STK CL A | 22,880 | 22,989 |
| ALTRIA GROUP INC | 13,661 | 11,705 |
| AMAZON COM INC | 22,566 | 22,530 |
| AMERICAN FINL GROUP INC | 14,546 | 11,678 |
| AMERICAN WOODMARK CORP | 12,971 | 7,572 |
| AMERISAFE INC | 14,483 | 14,002 |
| ANDEAVOR LOGISTICS LP UNIT LTD PARTNERSHIP INT | 7,139 | 7,180 |
| AT & T INC | 13,101 | 11,701 |
| BANC CALIF INC | 19,007 | 14,069 |
| BANCFIRST CORP | 7,170 | 7,186 |
| BERKSHIRE HATHAWAY INC SERIES B NEW | 23,345 | 23,481 |
| BERKSHIRE HILLS BANCORP INC | 19,521 | 13,997 |
| BIOGEN INC | 7,666 | 7,222 |
| BOEING CO | 23,101 | 23,220 |
| BOSTON PRIVATE FINL HLDGS INC | 19,837 | 14,291 |
| C N A FINANCIAL CORP | 12,362 | 11,700 |
| CDW CORPORATION OF DELAWARE | 7,089 | 7,132 |
| CISCO SYSTEMS INC | 23,273 | 23,312 |
| COGENT COMMUNICATIONS HOLDINGS INC | 14,125 | 14,241 |
| COGNEX CORP | 7,173 | 7,231 |
| COHERENT INC | 7,090 | 7,083 |
| COMFORT SYS USA INC | 7,141 | 7,164 |
| COPART INC | 7,124 | 7,119 |
| COSTCO WHSL CORP | 23,370 | 23,427 |
| DISNEY WALT COMPANY | 23,256 | 23,355 |
| EAGLE BANCORP INC | 8,871 | 7,696 |
| EDWARDS LIFESCIENCE CORP | 7,174 | 7,199 |
| ETHAN ALLEN INTERIORS INC | 13,897 | 13,984 |
| EURONET WORLWIDE INC | 5,963 | 7,167 |
| EXTENDED STAY AMER UNIT PAIRED SHS COMPRISED | 11,717 | 11,734 |
| EXXON MOBIL CORP | 13,920 | 11,660 |
| FIRST BUSEY CORP COM NEW | 9,211 | 7,166 |
| FIRST FINANCIAL BANCORP | 7,160 | 7,235 |
| FIRST HAWAIIAN INC | 11,669 | 11,750 |
| FIRST MERCHANTS CORP | 9,706 | 7,162 |
| FIVE BELOW INC | 5,459 | 7,162 |
| FNB CORP PA | 15,378 | 11,788 |
| GENERAL MILLS INC | 11,636 | 11,682 |
| GLOBAL PAYMENTS INC | 7,094 | 7,116 |
| GLOBANT SA | 7,121 | 7,096 |
| GOLDMAN SACHS GROUP INC | 23,309 | 23,387 |
| GRAY TELEVISION INC | 7,160 | 7,149 |
| HAVERTY FURNITURE CO INC | 14,228 | 14,273 |
| HEALTHSTREAM INC | 14,138 | 14,128 |
| HEARTLAND FINL USA INC | 7,174 | 7,208 |
| HOPE BANCORP INC | 19,694 | 14,113 |
| HUAZHU GRP LTD | 7,011 | 7,158 |
| II-VI INC | 7,211 | 7,206 |
| ILLUMINA INC | 7,182 | 7,198 |
| INDEPENDENT BANK CORP | 7,179 | 7,242 |
| INTERNATIONAL BUSINESS MACHINE CORP | 14,030 | 11,708 |
| IROBOT CORP | 6,882 | 7,285 |
| ISHARES ETF 1-3 YR TREASURY BOND SHY | 69,288 | 69,739 |
| ISHARES ETF 3-7 YEAR TREASURY BOND | 223,199 | 220,584 |
| ISHARES ETF 7-10 YR TREASURY BOND | 306,330 | 307,807 |
| ISHARES ETF LATIN AMERICA 40 | 102,016 | 97,884 |
| ISHARES ETF RUSSELL 2000 | 23,385 | 18,880 |
| ISHARES ETF U.S. REAL ESTATE | 21,223 | 20,309 |
| ISHARES 20+ YEAR ETF TREASURY BOND | 161,260 | 156,383 |
| ISHARES CORE U.S. AGGREGATE BOND | 481,407 | 476,862 |
| ISHARES IBOXX & ETF INVESTMENT GRADE CORP BD | 193,005 | 185,025 |
| ISHARES MSCI ETF EMERGING MARKETS | 31,611 | 28,397 |
| ISHARES MSCI EAFE IN ETF | 35,299 | 30,330 |
| JAMES RIVER GRP HOLDINGS LTD | 13,902 | 14,068 |
| JOHN BEAN TECHNOLOGIES CORP | 7,148 | 7,181 |
| KINDER MORGAN INC | 13,551 | 11,689 |
| KRAFT HEINZ CO | 15,995 | 11,707 |
| LEGACY TEXAS FINANCIAL GROUP INC | 7,157 | 7,220 |
| LEGG MASON INC | 11,712 | 11,760 |
| LEGGETT & PLATT INC | 15,373 | 11,720 |
| LOCKHEED MARTIN CORP | 23,244 | 23,304 |
| LYONDELLBASELL INDUSTRIES AF | 11,675 | 11,726 |
| MASIMO CORP | 5,907 | 7,194 |
| MERIDIAN BIOSCIENCE INC | 13,958 | 13,957 |
| MICROSOFT CORP | 23,283 | 23,361 |
| MKS INSTRUMENTS INC | 11,007 | 7,559 |
| MONOLITHIC POWER SYSTEMS | 8,215 | 7,208 |
| MONSTER BEVERAGE CORP | 7,016 | 7,383 |
| NATIONAL BEVERAGE CORP | 7,140 | 7,177 |
| NATIONAL PRESTO IND INC | 13,866 | 13,797 |
| NEW MEDIA INVESTMENT GROUP INC | 19,463 | 14,115 |
| NEW YORK COMMUNITY BANCORP INC | 11,759 | 11,772 |
| NEXSTAR MEDIA GROUP INC | 7,193 | 7,314 |
| NIKE INC CLASS B | 23,260 | 23,280 |
| NORTHWEST BANCSHARES INC | 14,312 | 13,823 |
| NOVANTA INC | 7,140 | 7,182 |
| NUTRI/SYSTEM INC | 7,135 | 7,152 |
| NVIDIA CORP | 11,902 | 7,343 |
| OCCIDENTAL PETE CORP | 15,314 | 11,662 |
| OLD DOMINION FREIGHT LINE INC | 6,400 | 7,162 |
| OLD REPUBLIC INTL CORP | 12,146 | 11,725 |
| ON SEMI CONDUCTOR CORP | 9,111 | 7,165 |
| ONEOK INC NEW | 15,107 | 11,707 |
| ORBOTECH LTD | 7,118 | 7,124 |
| ORITANI FINANCIAL CORP | 17,361 | 14,072 |
| PACWEST BANCORP DEL | 17,258 | 11,814 |
| PENSKE AUTO GROUP INC | 11,651 | 11,693 |
| PEOPLE'S UNITED FINANCL | 14,661 | 11,746 |
| PRINCIPAL FINANCIAL GROUP | 14,788 | 11,705 |
| PROASSURANCE CORP | 14,101 | 14,237 |
| PROGRESSIVE CORP | 7,148 | 7,179 |
| PROVIDENT FINANCIAL | 14,856 | 14,092 |
| PRUDENTIAL FINANCIAL INC | 11,688 | 11,743 |
| QUALYS INC | 7,132 | 7,100 |
| R L I CORP | 12,638 | 14,143 |
| RAYMOND JAMES FINANCIAL INC | 8,377 | 7,143 |
| SAFETY INS GROUP INC | 12,093 | 13,580 |
| SANFILIPPO JOHN B & SON INC | 14,231 | 14,193 |
| SANTANDER CONSUMER USA | 7,125 | 7,142 |
| SCHLUMBERGER LTD | 11,659 | 11,690 |
| SCHWAB CHARLES CORP NEW | 8,753 | 7,185 |
| SCHWEITZER-MAUDUIT INT INC | 13,998 | 14,203 |
| SKYWORKS SOLUTIONS INC | 8,702 | 7,171 |
| SOUTH JERSEY INDS INC | 16,672 | 14,206 |
| SOUTHSIDE BANCSHARES INC | 22,534 | 21,273 |
| SOUTHWEST AIRLINES CO | 23,450 | 23,426 |
| SPDR GOLD TRUST ETF | 228,900 | 228,799 |
| SPDR S&P 500 TRUST ETF | 22,386 | 19,244 |
| SPDR SER TR ETF BLOOMBERG BARCLAYS AGGREGATE BD | 121,179 | 116,274 |
| STARBUCKS CORP | 23,262 | 23,313 |
| TFS FINL CORP | 11,076 | 11,694 |
| TRUSTCO BANK CORP | 17,439 | 14,317 |
| UMPQUA HLDGS CORP | 11,652 | 11,607 |
| UNITED FIRE GRP INC | 14,023 | 14,029 |
| UNITEDHEALTH GROUP INC | 23,149 | 23,168 |
| VANGUARD TOTAL BOND ETF MARKET | 121,187 | 117,864 |
| VEEVA SYSTEMS INC CL A | 7,144 | 7,146 |
| VERIZON COMMUNICATIONS | 10,738 | 11,694 |
| VISA INC CLASS A | 23,282 | 23,353 |
| WALKER & DUNLOP INC | 7,969 | 7,136 |
| WESTERN UNION CO | 13,195 | 11,703 |
| WILLIAMS COMPANIES INC | 15,519 | 11,753 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP DISTRIBUTIONS | 176 | 176 |
| Description | Amount |
|---|---|
| COST BASIS ADJUSTMENT | 500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 23,282 | 23,282 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PRIOR TAXES PAID | 3,218 | 0 | 0 | 0 |