The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287y109 7,198 116,270 SH   SOLE   99,207 0 17,063
ALTRIA GROUP INC COM 02209s103 2,729 39,574 SH   SOLE   31,005 0 8,569
AMGEN INC COM 031162100 5,220 34,309 SH   SOLE   29,329 0 4,980
APPLE INC COM 037833100 3,248 33,975 SH   SOLE   30,663 0 3,312
AT&T INC COM 00206r102 5,714 132,229 SH   SOLE   110,543 0 21,686
BANK AMER CORP COM 060505104 2,471 186,245 SH   SOLE   161,998 0 24,247
BOEING CO COM 097023105 7,296 56,183 SH   SOLE   47,903 0 8,280
BP PLC SPONSORED ADR 055622104 6,418 180,730 SH   SOLE   153,669 0 27,061
CABOT CORP COM 127055101 222 4,854 SH   SOLE   3,924 0 930
CAMBREX CORP COM 132011107 249 4,816 SH   SOLE   3,962 0 854
CARNIVAL CORP UNIT 99/99/9999 143658300 3,101 70,163 SH   SOLE   59,220 0 10,943
CATHAY GEN BANCORP COM 149150104 564 20,010 SH   SOLE   20,010 0 0
CBS CORP NEW CL B 124857202 4,683 86,022 SH   SOLE   76,727 0 9,295
CISCO SYS INC COM 17275r102 4,015 139,936 SH   SOLE   117,153 0 22,783
CITIGROUP INC COM NEW 172967424 3,099 73,109 SH   SOLE   65,303 0 7,806
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 2,073 36,208 SH   SOLE   31,550 0 4,658
COMCAST CORP NEW CL A 20030n101 2,204 33,815 SH   SOLE   29,508 0 4,307
COMMUNITY HEALTH SYS INC NEW COM 203668108 1,184 98,282 SH   SOLE   86,894 0 11,388
CONNECTONE BANCORP INC NEW COM 20786w107 216 13,790 SH   SOLE   11,591 0 2,199
CVS HEALTH CORP COM 126650100 3,882 40,549 SH   SOLE   36,511 0 4,038
DELPHI AUTOMOTIVE PLC SHS g27823106 4,678 74,735 SH   SOLE   66,998 0 7,737
DOMTAR CORP COM NEW 257559203 1,890 53,997 SH   SOLE   42,209 0 11,788
DU PONT E I DE NEMOURS & CO COM 263534109 258 3,980 SH   SOLE   2,231 0 1,749
ELECTRONICS FOR IMAGING INC COM 286082102 240 5,571 SH   SOLE   4,608 0 963
ENSIGN GROUP INC COM 29358p101 200 9,533 SH   SOLE   7,762 0 1,771
EXACTECH INC COM 30064e109 304 11,362 SH   SOLE   9,471 0 1,891
EXPRESS SCRIPTS HLDG CO COM 30219g108 2,978 39,291 SH   SOLE   34,654 0 4,637
EXXON MOBIL CORP COM 30231g102 301 3,210 SH   SOLE   3,210 0 0
FEDEX CORP COM 31428x106 3,727 24,552 SH   SOLE   22,020 0 2,532
FIRST BUS FINL SVCS INC WIS COM 319390100 227 9,669 SH   SOLE   7,823 0 1,846
FIRST SOLAR INC COM 336433107 2,563 52,866 SH   SOLE   46,461 0 6,405
FLIR SYS INC COM 302445101 280 9,063 SH   SOLE   7,544 0 1,519
FORD MTR CO DEL COM PAR $0.01 345370860 6,235 496,046 SH   SOLE   422,482 0 73,564
GALLAGHER ARTHUR J & CO COM 363576109 3,402 71,476 SH   SOLE   60,087 0 11,389
GENERAL ELECTRIC CO COM 369604103 332 10,545 SH   SOLE   10,545 0 0
GENERAL MTRS CO COM 37045v100 3,383 119,534 SH   SOLE   100,163 0 19,371
GENTEX CORP COM 371901109 221 14,307 SH   SOLE   11,900 0 2,407
GENTHERM INC COM 37253a103 244 7,110 SH   SOLE   5,849 0 1,261
GILEAD SCIENCES INC COM 375558103 4,187 50,194 SH   SOLE   45,495 0 4,699
GOLDMAN SACHS GROUP INC COM 38141g104 2,137 14,384 SH   SOLE   12,867 0 1,517
HAIN CELESTIAL GROUP INC COM 405217100 310 6,226 SH   SOLE   5,171 0 1,055
HARMAN INTL INDS INC COM 413086109 240 3,339 SH   SOLE   2,702 0 637
HERITAGE COMMERCE CORP COM 426927109 236 22,422 SH   SOLE   18,673 0 3,749
HERITAGE FINL CORP WASH COM 42722x106 231 13,123 SH   SOLE   10,598 0 2,525
HOSPITALITY PPTYS TR COM SH BEN INT 44106m102 2,445 84,880 SH   SOLE   64,982 0 19,898
INTEL CORP COM 458140100 4,113 125,399 SH   SOLE   105,700 0 19,699
INTL PAPER CO COM 460146103 5,352 126,277 SH   SOLE   106,653 0 19,624
ISHARES TR IBOXX INV CP ETF 464287242 339 2,759 SH   SOLE   2,402 0 357
ISHARES TR S&P 500 GRWT ETF 464287309 520 4,460 SH   SOLE   4,460 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 418 4,050 SH   SOLE   4,050 0 0
ISHARES TR U.S. PFD STK ETF 464288687 4,361 109,330 SH   SOLE   86,250 0 23,080
JABIL CIRCUIT INC COM 466313103 4,230 229,017 SH   SOLE   204,803 0 24,214
JOHNSON & JOHNSON COM 478160104 4,337 35,758 SH   SOLE   29,797 0 5,961
JOHNSON CTLS INC COM 478366107 7,415 167,526 SH   SOLE   142,910 0 24,616
JPMORGAN CHASE & CO COM 46625h100 6,580 105,891 SH   SOLE   92,157 0 13,734
KEYCORP NEW COM 493267108 3,208 290,326 SH   SOLE   259,219 0 31,107
KOHLS CORP COM 500255104 2,663 70,218 SH   SOLE   54,947 0 15,271
KROGER CO COM 501044101 2,267 61,615 SH   SOLE   53,743 0 7,872
LAKELAND BANCORP INC COM 511637100 228 20,047 SH   SOLE   16,712 0 3,335
LANDEC CORP COM 514766104 157 14,596 SH   SOLE   11,776 0 2,820
MATRIX SVC CO COM 576853105 207 12,571 SH   SOLE   10,370 0 2,201
MCKESSON CORP COM 58155q103 2,980 15,965 SH   SOLE   13,913 0 2,052
METHODE ELECTRS INC COM 591520200 203 5,935 SH   SOLE   4,809 0 1,126
MICROSOFT CORP COM 594918104 4,151 81,116 SH   SOLE   68,225 0 12,891
MYLAN N V SHS EURO n59465109 2,340 54,128 SH   SOLE   47,019 0 7,109
NORWEGIAN CRUISE LINE HLDGS SHS g66721104 1,942 48,738 SH   SOLE   42,311 0 6,427
ORACLE CORP COM 68389x105 3,612 88,241 SH   SOLE   79,071 0 9,170
PFIZER INC COM 717081103 8,602 244,304 SH   SOLE   208,554 0 35,750
PHOTRONICS INC COM 719405102 181 20,307 SH   SOLE   16,877 0 3,430
PREFERRED BK LOS ANGELES CA COM NEW 740367404 202 7,011 SH   SOLE   5,981 0 1,030
PROCTER & GAMBLE CO COM 742718109 4,566 53,926 SH   SOLE   44,724 0 9,202
PRUDENTIAL FINL INC COM 744320102 6,246 87,557 SH   SOLE   74,603 0 12,954
QUALCOMM INC COM 747525103 6,250 116,677 SH   SOLE   99,343 0 17,334
RLJ LODGING TR COM 74965L101 2,794 130,271 SH   SOLE   108,547 0 21,724
RYDER SYS INC COM 783549108 5,341 87,359 SH   SOLE   74,411 0 12,948
SERVICE CORP INTL COM 817565104 236 8,746 SH   SOLE   7,273 0 1,473
SIGNET JEWELERS LIMITED SHS g81276100 1,577 19,132 SH   SOLE   17,188 0 1,944
SKYWORKS SOLUTIONS INC COM 83088m102 1,601 25,308 SH   SOLE   21,978 0 3,330
SOUTHWEST AIRLS CO COM 844741108 2,715 69,230 SH   SOLE   60,566 0 8,664
SPDR S&P 500 ETF TR TR UNIT 78462f103 810 3,866 SH   SOLE   3,608 0 258
SPDR SERIES TRUST BRC HGH YLD BD 78464a417 3,525 98,781 SH   SOLE   80,367 0 18,414
STAPLES INC COM 855030102 3,208 372,122 SH   SOLE   314,122 0 58,000
STEELCASE INC CL A 858155203 1,208 89,036 SH   SOLE   81,774 0 7,262
TARGET CORP COM 87612e106 4,009 57,419 SH   SOLE   47,432 0 9,987
UMPQUA HLDGS CORP COM 904214103 4,260 275,399 SH   SOLE   230,815 0 44,584
UNITED CMNTY BKS BLAIRSVLE G COM 90984p303 219 11,951 SH   SOLE   9,971 0 1,980
UNITED PARCEL SERVICE INC CL B 911312106 2,161 20,062 SH   SOLE   15,538 0 4,524
UNITEDHEALTH GROUP INC COM 91324p102 4,254 30,126 SH   SOLE   26,907 0 3,219
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206c870 673 7,522 SH   SOLE   6,744 0 778
WALGREENS BOOTS ALLIANCE INC COM 931427108 3,185 38,245 SH   SOLE   34,889 0 3,356
WELLS FARGO & CO NEW COM 949746101 5,233 110,569 SH   SOLE   94,286 0 16,283
WHIRLPOOL CORP COM 963320106 4,273 25,643 SH   SOLE   22,963 0 2,680