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
ABBOTT LABS COM 002824100 1,004 21,662 SH   SOLE   14,400 0 7,262
ABBVIE INC COM 00287Y109 532 9,087 SH   SOLE   4,800 0 4,287
ABERDEEN ASIA PACIFIC INCOM COM 003009107 76 14,063 SH   SOLE   0 0 14,063
ADAMS EXPRESS CO COM 006212104 226 16,178 SH   SOLE   0 0 16,178
ALCOA INC COM COM 013817101 216 16,745 SH   SOLE   0 0 16,745
ALLSTATE CORP COM 020002101 258 3,628 SH   SOLE   0 0 3,628
ALTRIA GROUP INC COM 02209S103 235 4,700 SH   SOLE   4,500 0 200
AMAZON COM INC COM 023135106 1,371 3,684 SH   SOLE   3,380 0 304
ANCHOR BANCORP WA COM 032838104 477 21,200 SH   SOLE   0 0 21,200
APPLE INC COM 037833100 3,541 28,458 SH   SOLE   1,400 0 27,058
AT&T INC COM 00206R102 327 10,011 SH   SOLE   0 0 10,011
AUTOMATIC DATA PROCESSING IN COM 053015103 334 3,898 SH   SOLE   3,600 0 298
AUTOZONE INC COM 053332102 1,029 1,509 SH   SOLE   1,400 0 109
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 294 5,700 SH   SOLE   5,700 0 0
BANK N S HALIFAX COM 064149107 390 7,758 SH   SOLE   6,500 0 1,258
BANK OF AMERICA CORPORATION COM 060505104 173 11,252 SH   SOLE   0 0 11,252
BGC PARTNERS INC CL A 05541T101 130 13,724 SH   SOLE   0 0 13,724
BLOCK H & R INC COM 093671105 284 8,847 SH   SOLE   0 0 8,847
BOEING CO COM 097023105 583 3,886 SH   SOLE   2,200 0 1,686
BP PLC SPONSORED ADR 055622104 256 6,555 SH   SOLE   0 0 6,555
BRISTOL MYERS SQUIBB CO COM 110122108 1,017 15,769 SH   SOLE   4,700 0 11,069
CDK GLOBAL INC COM 12508E101 324 6,936 SH   SOLE   6,900 0 36
CHEVRON CORP NEW COM 166764100 575 5,474 SH   SOLE   2,700 0 2,774
CIRRUS LOGIC I NC COM 172755100 841 25,300 SH   SOLE   24,600 0 700
CISCO SYS INC COM 17275R102 341 12,400 SH   SOLE   11,400 0 1,000
CLIFTON BANCORP INC COM 186873105 141 10,000 SH   SOLE   0 0 10,000
CLOROX CO DEL COM 189054109 629 5,700 SH   SOLE   5,700 0 0
CME GROUP INC COM 12572Q105 379 4,000 SH   SOLE   4,000 0 0
COLGATE PALMOLIVE CO COM 194162103 374 5,400 SH   SOLE   5,400 0 0
CONOCOPHILLIPS COM 20825C104 1,250 20,073 SH   SOLE   12,200 0 7,873
CONSOLIDATED EDISON INC COM 209115104 236 3,874 SH   SOLE   0 0 3,874
COPA HOLDINGS SA CL A P31076105 242 2,400 SH   SOLE   2,400 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 443 138,037 SH   SOLE   0 0 138,037
D R HORTON INC COM 23331A109 1,447 50,800 SH   SOLE   34,300 0 16,500
DIANA CONTAINERSHIPS INC COM Y2069P101 217 88,395 SH   SOLE   0 0 88,395
DOLLAR TREE INC COM 256746108 1,563 19,260 SH   SOLE   16,000 0 3,260
DOMINOS PIZZA INC COM 25754A201 1,318 13,104 SH   SOLE   11,400 0 1,704
DR PEPPER SNAPPLE GROUP INC COM 26138E109 1,012 12,891 SH   SOLE   10,900 0 1,991
DU PONT E I DE NEMOURS & CO COM 263534109 393 5,498 SH   SOLE   0 0 5,498
EATON VANCE TX MGD DIV EQ IN COM 27828N102 131 11,500 SH   SOLE   0 0 11,500
EBAY INC COM 278642103 904 15,670 SH   SOLE   14,200 0 1,470
EDWARDS LIFESCIENCES CORP COM 28176E108 855 6,000 SH   SOLE   6,000 0 0
EOG RES INC COM 26875P101 973 10,615 SH   SOLE   9,800 0 815
ERIE INDTY CO CL A 29530P102 366 4,200 SH   SOLE   4,200 0 0
EXXON MOBIL CORP COM 30231G102 488 5,740 SH   SOLE   2,600 0 3,140
EZCORP INC CLA NON VTG 302301106 1,311 143,622 SH   SOLE   104,800 0 38,822
FEDERATED INVS INC PA CL B 314211103 1,993 58,802 SH   SOLE   36,500 0 22,302
FIRST AMERN FINL CORP COM 31847R102 419 11,733 SH   SOLE   0 0 11,733
FIRST NIAGARA FINL GP INC COM 33582V108 1,277 144,500 SH   SOLE   113,000 0 31,500
FORD MTR CO DEL COM PAR $0.01 345370860 248 15,368 SH   SOLE   0 0 15,368
FRANKLIN RES INC COM 354613101 209 4,079 SH   SOLE   3,300 0 779
GENERAL DYNAMICS CORP COM 369550108 373 2,750 SH   SOLE   2,700 0 50
GENERAL ELECTRIC CO COM 369604103 363 14,630 SH   SOLE   0 0 14,630
GENERAL MLS INC COM 370334104 507 8,950 SH   SOLE   7,000 0 1,950
GENERAL MTRS CO COM 37045V100 373 9,950 SH   SOLE   9,950 0 0
GOOGLE INC CL A 38259P508 212 383 SH   SOLE   0 0 383
HEALTHCARE SVCS GRP INC COM 421906108 305 9,500 SH   SOLE   0 0 9,500
HELMERICH & PAYNE INC COM 423452101 272 3,990 SH   SOLE   1,800 0 2,190
HOME DEPOT INC COM 437076102 1,031 9,075 SH   SOLE   7,000 0 2,075
HOUSTON WIRE & CABLE CO COM 44244K109 188 19,300 SH   SOLE   19,300 0 0
IAO KUN GROUP HLDG CO LTD ORD USD SHS G47204105 58 34,766 SH   SOLE   0 0 34,766
IDEXX LABS INC COM 45168D104 1,044 6,755 SH   SOLE   6,200 0 555
INFOSYS LTD SPONSORED ADR 456788108 355 10,120 SH   SOLE   0 0 10,120
INTEL CORP COM 458140100 1,093 34,950 SH   SOLE   0 0 34,950
INTERSECTIONS INC COM 460981301 52 15,147 SH   SOLE   0 0 15,147
ISHARES TR RUS MD CP GR ETF 464287481 513 5,239 SH   SOLE   0 0 5,239
JABIL CIRCUIT INC COM 466313103 1,015 43,431 SH   SOLE   41,200 0 2,231
JOHNSON & JOHNSON COM 478160104 608 6,040 SH   SOLE   2,900 0 3,140
KRAFT FOODS GROUP INC COM 50076Q106 444 5,100 SH   SOLE   4,100 0 1,000
L-3 COMMUNICATIONS HLDGS INC COM 502424104 241 1,915 SH   SOLE   0 0 1,915
LENNAR CORP CL A 526057104 269 5,184 SH   SOLE   0 0 5,184
LINCOLN NATL CORP IND COM 534187109 1,067 18,565 SH   SOLE   16,900 0 1,665
LOCKHEED MARTIN CORP COM 539830109 345 1,700 SH   SOLE   1,700 0 0
M & T BK CORP COM 55261F104 381 3,000 SH   SOLE   3,000 0 0
MALVERN BANCORP INC COM 561409103 135 10,000 SH   SOLE   0 0 10,000
MARKET VECTORS ETF TR INVT GRD FL RT 57060U514 657 26,421 SH   SOLE   0 0 26,421
MCDONALDS CORP COM 580135101 490 5,025 SH   SOLE   1,900 0 3,125
MERCK & CO INC NEW COM 58933Y105 218 3,800 SH   SOLE   0 0 3,800
MICROCHIP TECHNOLOGY INC COM 595017104 271 5,550 SH   SOLE   0 0 5,550
MICROSOFT CORP COM 594918104 825 20,283 SH   SOLE   7,100 0 13,183
MID-AMER APT CMNTYS INC COM 59522J103 393 5,083 SH   SOLE   4,500 0 583
NATIONAL HEALTHCARE CORP COM 635906100 299 4,700 SH   SOLE   0 0 4,700
NATIONAL OILWELL VARCO INC COM 637071101 935 18,700 SH   SOLE   18,700 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 216 12,916 SH   SOLE   0 0 12,916
NOODLES & CO CL A 65540B105 304 17,442 SH   SOLE   0 0 17,442
NVIDIA CORP COM 67066G104 230 11,000 SH   SOLE   0 0 11,000
OCCIDENTAL PETE CORP DEL COM 674599105 829 11,350 SH   SOLE   10,200 0 1,150
OLD NATL BANCORP IND COM 680033107 150 10,600 SH   SOLE   0 0 10,600
OPKO HEALTH INC COM 68375N103 1,269 89,563 SH   SOLE   78,300 0 11,263
PARKER HANNIFIN CORP COM 701094104 261 2,200 SH   SOLE   2,200 0 0
PATTERSON COMPANIES INC COM 703395103 1,145 23,466 SH   SOLE   19,600 0 3,866
PAYCHEX INC COM 704326107 1,637 32,993 SH   SOLE   19,400 0 13,593
PENN WEST PEPE LTD NEW COM 707887105 31 19,054 SH   SOLE   0 0 19,054
PETMED EXPRESS INC COM 716382106 1,339 81,030 SH   SOLE   63,500 0 17,530
PFIZER INC COM 717081103 216 6,223 SH   SOLE   0 0 6,223
PHILIP MORRIS INTL INC COM 718172109 544 7,216 SH   SOLE   4,200 0 3,016
PRA GROUP INC COM 69354N106 261 4,800 SH   SOLE   4,800 0 0
PRICE T ROWE GROUP INC COM 74144T108 410 5,061 SH   SOLE   3,100 0 1,961
PROCTER & GAMBLE CO COM 742718109 739 9,018 SH   SOLE   7,700 0 1,318
PROSPECT CAPITAL CORPORATION COM 74348T102 154 18,220 SH   SOLE   0 0 18,220
PRUDENTIAL BANCORP INC NEW COM 74431A101 127 10,000 SH   SOLE   0 0 10,000
QUALCOMM INC COM 747525103 450 6,495 SH   SOLE   4,650 0 1,845
RIVERVIEW BANCORP INC COM 769397100 50 11,145 SH   SOLE   0 0 11,145
ROVI CORP COM 779376102 610 33,500 SH   SOLE   33,000 0 500
RYDEX ETF TRUST GUG S&P MC400 PV 78355W502 210 3,836 SH   SOLE   0 0 3,836
SANOFI SPONSORED ADR 80105N105 290 5,860 SH   SOLE   0 0 5,860
SCHLUMBERGER LTD COM 806857108 992 11,891 SH   SOLE   11,300 0 591
SCOTTS MIRACLE GRO CO CL A 810186106 413 6,143 SH   SOLE   0 0 6,143
SERVICE CORP INTL COM 817565104 1,293 49,628 SH   SOLE   36,100 0 13,528
SHIP FINANCE INTERNATIONAL L SHS G81075106 450 30,421 SH   SOLE   29,821 0 600
SIEMENS A G SPONSORED ADR 826197501 286 2,645 SH   SOLE   0 0 2,645
SOUTHERN COPPER CORP COM 84265V105 245 8,383 SH   SOLE   0 0 8,383
SPDR SERIES TRUST BRCLY EM LOCL 78464A391 431 15,808 SH   SOLE   0 0 15,808
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 546 13,909 SH   SOLE   0 0 13,909
SPRINT CORP COM SER 1 85207U105 946 199,625 SH   SOLE   183,700 0 15,925
STANLEY BLACK & DECKER INC COM 854502101 1,123 11,778 SH   SOLE   10,400 0 1,378
STARBUCKS CORP COM 855244109 1,534 16,199 SH   SOLE   10,500 0 5,699
STURM RUGER & CO INC COM 864159108 248 5,000 SH   SOLE   5,000 0 0
SUPERIOR INDS INTL INC COM 868168105 646 34,100 SH   SOLE   23,000 0 11,100
SYMANTEC CORP COM 871503108 761 32,560 SH   SOLE   26,600 0 5,960
SYSCO CORP COM 871829107 459 12,178 SH   SOLE   8,300 0 3,878
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 284 12,100 SH   SOLE   0 0 12,100
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 782 30,740 SH   SOLE   30,000 0 740
TEMPLETON EMERGING MKTS FD I COM 880191101 233 15,260 SH   SOLE   0 0 15,260
TENET HEALTHCARE CORP COM NEW 88033G407 1,058 21,370 SH   SOLE   20,800 0 570
TERADATA CORP DEL COM 88076W103 997 22,595 SH   SOLE   21,700 0 895
TERRITORIAL BANCORP INC COM 88145X108 461 19,400 SH   SOLE   0 0 19,400
TIMBERLAND BANCORP INC COM 887098101 253 23,800 SH   SOLE   0 0 23,800
TJX COS INC NEW COM 872540109 203 2,903 SH   SOLE   0 0 2,903
TORONTO DOMINION BK ONT COM NEW 891160509 326 7,600 SH   SOLE   7,600 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 312 2,230 SH   SOLE   0 0 2,230
TWENTY FIRST CENTY FOX INC CL B 90130A200 263 8,000 SH   SOLE   8,000 0 0
UMPQUA HLDGS CORP COM 904214103 2,314 134,703 SH   SOLE   69,000 0 65,703
UNILEVER N V N Y SHS NEW 904784709 276 6,600 SH   SOLE   6,100 0 500
UNILEVER PLC SPON ADR NEW 904767704 213 5,100 SH   SOLE   0 0 5,100
UNITED TECHNOLOGIES CORP COM 913017109 546 4,657 SH   SOLE   2,600 0 2,057
UNIVERSAL CORP VA COM 913456109 358 7,600 SH   SOLE   7,600 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 214 4,394 SH   SOLE   0 0 4,394
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 389 9,513 SH   SOLE   0 0 9,513
VERITIV CORP COM 923454102 221 5,004 SH   SOLE   5,000 0 4
VERIZON COMMUNICATIONS INC COM 92343V104 1,456 29,934 SH   SOLE   22,400 0 7,534
VISA INC COM CL A 92826C839 387 5,916 SH   SOLE   0 0 5,916
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 314 9,613 SH   SOLE   0 0 9,613
WALGREEN CO COM 931422109 240 2,830 SH   SOLE   0 0 2,830
WAL-MART STORES INC COM 931142103 887 10,788 SH   SOLE   9,000 0 1,788
WASHINGTON FED INC COM 938824109 599 27,462 SH   SOLE   0 0 27,462
WASTE MGMT INC DEL COM 94106L109 606 11,178 SH   SOLE   0 0 11,178
WHOLE FOODS MKT INC COM 966837106 1,032 19,820 SH   SOLE   18,400 0 1,420
YUM BRANDS INC COM 988498101 1,007 12,795 SH   SOLE   10,000 0 2,795
ZIMMER HLDGS INC COM 98956P102 856 7,286 SH   SOLE   6,100 0 1,186
ZOETIS INC CL A 98978V103 1,353 29,219 SH   SOLE   26,850 0 2,369