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
3M COMPANY COM 88579Y101 387 3,240 SH   SOLE   3,240 0 0
ABBOTT LABS COM COM 002824100 418 12,609 SH   SOLE   12,609 0 0
ABBVIE INC COM COM 00287Y109 281 6,289 SH   SOLE   6,289 0 0
AMERN EAGLE OUTFIT NEW COM COM 02553E106 7,824 559,274 SH   SOLE   547,124 0 12,150
AMERN EAGLE OUTFIT NEW COM COM 02553E106 6 400 SH   OTR   400 0 0
BANK OF NEW YORK CO (New) COM 064058100 15,444 511,560 SH   SOLE   501,910 0 9,650
BANK OF NEW YORK CO (New) COM 064058100 350 11,600 SH   OTR   400 0 11,200
BERKSHIRE HATHAWAY CL B COM 084670702 360 3,168 SH   SOLE   3,168 0 0
BOEING COMPANY COM 097023105 2,825 24,045 SH   SOLE   22,625 0 1,420
BOEING COMPANY COM 097023105 21 175 SH   OTR   175 0 0
BRISTOL-MEYERS SQUIBB COM 110122108 520 11,227 SH   SOLE   11,227 0 0
CARNIVAL CORPORATION COM 143658300 11,619 355,976 SH   SOLE   348,401 0 7,575
CARNIVAL CORPORATION COM 143658300 21 650 SH   OTR   400 0 250
CATERPILLAR INC COM 149123101 214 2,565 SH   SOLE   2,565 0 0
CHEVRON CORP COM 166764100 2,974 24,477 SH   SOLE   24,352 0 125
CHEVRON CORP COM 166764100 255 2,100 SH   OTR   100 0 2,000
CHUBB CORPORATION COM 171232101 12,890 144,413 SH   SOLE   140,213 0 4,200
CHUBB CORPORATION COM 171232101 252 2,825 SH   OTR   125 0 2,700
CLOROX COMPANY COM 189054109 774 9,471 SH   SOLE   8,471 0 1,000
COCA-COLA COMPANY COM 191216100 385 10,158 SH   SOLE   10,158 0 0
CONOCOPHILLIPS COM 20825C104 242 3,477 SH   SOLE   3,077 0 400
CORNING INCORPORATED COM 219350105 169 11,567 SH   SOLE   11,567 0 0
CST BRANDS INC COM COM 12646R105 970 32,554 SH   SOLE   32,012 0 542
CST BRANDS INC COM COM 12646R105 17 582 SH   OTR   27 0 555
CVS CAREMARK CORPORATION COM 126650100 15,747 277,482 SH   SOLE   271,007 0 6,475
CVS CAREMARK CORPORATION COM 126650100 245 4,325 SH   OTR   225 0 4,100
DEERE & COMPANY COM 244199105 63 768 SH   SOLE   768 0 0
DEERE & COMPANY COM 244199105 163 2,000 SH   OTR   0 0 2,000
EMERSON ELECTRIC CO COM 291011104 15,352 237,284 SH   SOLE   232,759 0 4,525
EMERSON ELECTRIC CO COM 291011104 11 175 SH   OTR   175 0 0
EXXON MOBIL CORPORATION COM 30231G102 3,994 46,417 SH   SOLE   45,192 0 1,225
EXXON MOBIL CORPORATION COM 30231G102 413 4,800 SH   OTR   0 0 4,800
FLUOR CORP COM 343412102 9,088 128,068 SH   SOLE   126,118 0 1,950
FLUOR CORP COM 343412102 112 1,575 SH   OTR   125 0 1,450
GENERAL ELECTRIC CO COM 369604103 690 28,887 SH   SOLE   28,587 0 300
GENERAL ELECTRIC CO COM 369604103 132 5,515 SH   OTR   0 0 5,515
GENERAL MOTORS CORP. COM 37045V100 20,141 559,932 SH   SOLE   550,907 0 9,025
GENERAL MOTORS CORP. COM 37045V100 14 400 SH   OTR   400 0 0
GENUINE PARTS COMPANY COM 372460105 527 6,510 SH   SOLE   6,510 0 0
GLAXO SMITHKLINE ADS COM 37733W105 248 4,934 SH   SOLE   4,934 0 0
HSBC HLDGS PLC ADS COM 404280406 6,500 119,797 SH   SOLE   116,805 0 2,992
HSBC HLDGS PLC ADS COM 404280406 8 141 SH   OTR   141 0 0
HUBBELL, INC. (CLASS B) COM 443510201 7,318 69,864 SH   SOLE   68,589 0 1,275
HUBBELL, INC. (CLASS B) COM 443510201 199 1,900 SH   OTR   100 0 1,800
IBM CORP COM 459200101 660 3,564 SH   SOLE   3,239 0 325
IBM CORP COM 459200101 151 814 SH   OTR   0 0 814
INTEL CORPORATION COM 458140100 288 12,555 SH   SOLE   12,555 0 0
JOHNSON & JOHNSON COM 478160104 1,204 13,889 SH   SOLE   13,689 0 200
JOHNSON CONTROLS INC COM 478366107 20,432 492,334 SH   SOLE   484,734 0 7,600
JOHNSON CONTROLS INC COM 478366107 339 8,175 SH   OTR   425 0 7,750
KOHL'S CORPORATION COM 500255104 6,519 125,973 SH   SOLE   123,123 0 2,850
KOHL'S CORPORATION COM 500255104 5 100 SH   OTR   100 0 0
LIBERTY MEDIA HLDG CP A INTERA COM 53071M104 8,953 381,459 SH   SOLE   373,234 0 8,225
LIBERTY MEDIA HLDG CP A INTERA COM 53071M104 6 275 SH   OTR   275 0 0
MARKEL CORP COM COM 570535104 15,949 30,803 SH   SOLE   30,133 0 670
MARKEL CORP COM COM 570535104 13 25 SH   OTR   25 0 0
MARSH & McLENNAN COS COM 571748102 398 9,150 SH   SOLE   9,150 0 0
MEDTRONIC INC. COM 585055106 3,688 69,251 SH   SOLE   67,951 0 1,300
MEDTRONIC INC. COM 585055106 53 1,000 SH   OTR   0 0 1,000
MERCK & CO. INC. COM 58933Y105 11,603 243,715 SH   SOLE   238,090 0 5,625
MERCK & CO. INC. COM 58933Y105 143 3,000 SH   OTR   0 0 3,000
MICROSOFT CORPORATION COM 594918104 17,990 540,571 SH   SOLE   529,121 0 11,450
MICROSOFT CORPORATION COM 594918104 263 7,900 SH   OTR   400 0 7,500
MONSANTO CO COM 61166W101 263 2,523 SH   SOLE   2,523 0 0
NATIONAL OIL WELL VARCO COM 637071101 8,457 108,267 SH   SOLE   105,717 0 2,550
NATIONAL OIL WELL VARCO COM 637071101 53 675 SH   OTR   75 0 600
NOVARTIS AG ADS COM 66987V109 442 5,759 SH   SOLE   5,759 0 0
OMNICOM GROUP INC COM 681919106 16,476 259,705 SH   SOLE   255,055 0 4,650
OMNICOM GROUP INC COM 681919106 16 250 SH   OTR   250 0 0
PEPSICO INC. COM 713448108 1,094 13,765 SH   SOLE   13,265 0 500
PFIZER INC. COM 717081103 1,970 68,598 SH   SOLE   67,081 0 1,517
PFIZER INC. COM 717081103 68 2,364 SH   OTR   0 0 2,364
PROCTER & GAMBLE CO. COM 742718109 1,161 15,353 SH   SOLE   15,353 0 0
PROCTER & GAMBLE CO. COM 742718109 423 5,600 SH   OTR   0 0 5,600
REDWOOD TRUST INC COM 758075402 9,682 491,720 SH   SOLE   484,890 0 6,830
REDWOOD TRUST INC COM 758075402 160 8,150 SH   OTR   350 0 7,800
ROCKWELL AUTOMATION INC COM 773903109 111 1,037 SH   SOLE   1,037 0 0
ROCKWELL AUTOMATION INC COM 773903109 118 1,100 SH   OTR   0 0 1,100
ROCKWELL COLLINS COM 774341101 1,556 22,927 SH   SOLE   22,577 0 350
ROCKWELL COLLINS COM 774341101 75 1,100 SH   OTR   0 0 1,100
ROYAL DUTCH SHELL ADR COM 780259206 577 8,790 SH   SOLE   8,365 0 425
ROYAL DUTCH SHELL ADR COM 780259206 66 1,000 SH   OTR   0 0 1,000
SCHLUMBERGER LTD. COM 806857108 348 3,933 SH   SOLE   3,933 0 0
SEMPRA ENERGY COM 816851109 30 350 SH   SOLE   350 0 0
SEMPRA ENERGY COM 816851109 422 4,930 SH   OTR   0 0 4,930
STERLING RESOURCES L COM 858915101 29 40,000 SH   SOLE   40,000 0 0
TARGET CORPORATION COM 87612E106 221 3,459 SH   SOLE   3,459 0 0
TARGET CORPORATION COM 87612E106 399 6,230 SH   OTR   0 0 6,230
UNILEVER PLC ADR COM 904767704 6,517 168,921 SH   SOLE   166,041 0 2,880
UNILEVER PLC ADR COM 904767704 199 5,165 SH   OTR   125 0 5,040
UNITED TECHNOLOGIES COM 913017109 32 300 SH   SOLE   300 0 0
UNITED TECHNOLOGIES COM 913017109 685 6,349 SH   OTR   0 0 6,349
VALERO ENERGY CORP. COM 91913Y100 10,117 296,265 SH   SOLE   291,340 0 4,925
VALERO ENERGY CORP. COM 91913Y100 179 5,250 SH   OTR   250 0 5,000
VICTORIA GOLD CORP COM COM 92625W101 10 80,000 SH   SOLE   80,000 0 0
WELLS FARGO & CO COM 949746101 17,643 426,974 SH   SOLE   418,924 0 8,050
WELLS FARGO & CO COM 949746101 207 5,000 SH   OTR   400 0 4,600