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<infoTable>
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  <titleOfClass>com</titleOfClass>
  <cusip>002535300</cusip>
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    <sshPrnamt>11433</sshPrnamt>
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<infoTable>
  <nameOfIssuer>ABBVIE INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00287y109</cusip>
  <value>1619</value>
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    <sshPrnamt>17100</sshPrnamt>
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    <None>0</None>
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<infoTable>
  <nameOfIssuer>ABERCROMBIE &amp; FITCH</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>002896207</cusip>
  <value>5</value>
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<infoTable>
  <nameOfIssuer>ABERDEEN CHILE FD INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00301w105</cusip>
  <value>531</value>
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    <sshPrnamt>58734</sshPrnamt>
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    <Sole>58734</Sole>
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    <None>0</None>
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<infoTable>
  <nameOfIssuer>ACCO BRANDS CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00081t108</cusip>
  <value>11369</value>
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<infoTable>
  <nameOfIssuer>ACCO BRANDS CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00081t108</cusip>
  <value>495</value>
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<infoTable>
  <nameOfIssuer>ACME UNITED CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>004816104</cusip>
  <value>59</value>
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<infoTable>
  <nameOfIssuer>ACME UNITED CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>004816104</cusip>
  <value>4</value>
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    <None>0</None>
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<infoTable>
  <nameOfIssuer>ACTIVISION BLIZZARD INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00507v109</cusip>
  <value>11</value>
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    <None>0</None>
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<infoTable>
  <nameOfIssuer>ACUSHNET HOLDINGS CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>005098108</cusip>
  <value>2181</value>
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    <None>0</None>
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<infoTable>
  <nameOfIssuer>ADTALEM GLOBAL EDUCATION INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00737l103</cusip>
  <value>1347</value>
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<infoTable>
  <nameOfIssuer>ADTALEM GLOBAL EDUCATION INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00737l103</cusip>
  <value>130</value>
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<infoTable>
  <nameOfIssuer>ADVANCED EMISSIONS SOLUTIONS</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00770c101</cusip>
  <value>40</value>
  <shrsOrPrnAmt>
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  <votingAuthority>
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    <None>0</None>
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<infoTable>
  <nameOfIssuer>ADVANCED ENERGY INDUSTRIES</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>007973100</cusip>
  <value>2083</value>
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    <None>0</None>
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<infoTable>
  <nameOfIssuer>AERCAP HOLDINGS NV</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>n00985106</cusip>
  <value>2009</value>
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<infoTable>
  <nameOfIssuer>AEROVIRONMENT INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>008073108</cusip>
  <value>1806</value>
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  <votingAuthority>
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<infoTable>
  <nameOfIssuer>AES CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00130h105</cusip>
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<infoTable>
  <nameOfIssuer>AETNA INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
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<infoTable>
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  <titleOfClass>com</titleOfClass>
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<infoTable>
  <nameOfIssuer>AFFILIATED MANAGERS</nameOfIssuer>
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  <cusip>008252108</cusip>
  <value>1881</value>
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<infoTable>
  <nameOfIssuer>AFLAC INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>001055102</cusip>
  <value>3691</value>
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<infoTable>
  <nameOfIssuer>AFLAC INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>001055102</cusip>
  <value>1994</value>
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</infoTable>
<infoTable>
  <nameOfIssuer>AGCO CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>001084102</cusip>
  <value>1349</value>
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<infoTable>
  <nameOfIssuer>AGCO CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>001084102</cusip>
  <value>10</value>
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<infoTable>
  <nameOfIssuer>AGNICO EAGLE MINES LTD.</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>008474108</cusip>
  <value>158</value>
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  <votingAuthority>
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</infoTable>
<infoTable>
  <nameOfIssuer>AIR LEASE CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>00912x302</cusip>
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  <votingAuthority>
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<infoTable>
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<infoTable>
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  <titleOfClass>com</titleOfClass>
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  <value>5</value>
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<infoTable>
  <nameOfIssuer>AIRCASTLE LTD</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>g0129k104</cusip>
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<infoTable>
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<infoTable>
  <nameOfIssuer>ALASKA AIR GROUP INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>011659109</cusip>
  <value>763</value>
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<infoTable>
  <nameOfIssuer>ALASKA AIR GROUP INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>011659109</cusip>
  <value>90</value>
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<infoTable>
  <nameOfIssuer>ALCOA INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>013872106</cusip>
  <value>72</value>
  <shrsOrPrnAmt>
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<infoTable>
  <nameOfIssuer>ALLEGHENY TECHNOLOGIES INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>01741r102</cusip>
  <value>1882</value>
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  <votingAuthority>
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</infoTable>
<infoTable>
  <nameOfIssuer>ALLIANCE DATA SYSTEMS CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>018581108</cusip>
  <value>1667</value>
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    <Sole>7830</Sole>
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<infoTable>
  <nameOfIssuer>ALLISON TRANSMISSION HOLDINGS </nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>01973r101</cusip>
  <value>1991</value>
  <shrsOrPrnAmt>
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<infoTable>
  <nameOfIssuer>ALLISON TRANSMISSION HOLDINGS </nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>01973r101</cusip>
  <value>96</value>
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<infoTable>
  <nameOfIssuer>ALLSTATE CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>020002101</cusip>
  <value>2347</value>
  <shrsOrPrnAmt>
    <sshPrnamt>24760</sshPrnamt>
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  <nameOfIssuer>ALLY FINANCIAL INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
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    <sshPrnamt>67385</sshPrnamt>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
  <nameOfIssuer>INTEST CORP</nameOfIssuer>
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    <Sole>700</Sole>
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<infoTable>
  <nameOfIssuer>INTL BUSINESS MACH</nameOfIssuer>
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<infoTable>
  <nameOfIssuer>INTL BUSINESS MACH</nameOfIssuer>
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<infoTable>
  <nameOfIssuer>INTREPID POTASH INC</nameOfIssuer>
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<infoTable>
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    <Sole>56540</Sole>
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    <None>0</None>
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<infoTable>
  <nameOfIssuer>IPATH S&amp;P 500 VIX SHORT TERM F</nameOfIssuer>
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</infoTable>
<infoTable>
  <nameOfIssuer>IRIDIUM COMMUNICATIONS INC</nameOfIssuer>
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    <Sole>127370</Sole>
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<infoTable>
  <nameOfIssuer>ISHARE MSCI ALL PERU CAPPED IN</nameOfIssuer>
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    <Sole>98460</Sole>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARE MSCI AUSTRALIA INDEX</nameOfIssuer>
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  <investmentDiscretion>SOLE</investmentDiscretion>
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    <Sole>9565</Sole>
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</infoTable>
<infoTable>
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  <cusip>46434g822</cusip>
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    <Sole>8350</Sole>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARE MSCI JAPAN</nameOfIssuer>
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    <Sole>0</Sole>
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    <None>78211</None>
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</infoTable>
<infoTable>
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  <cusip>46434g814</cusip>
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    <sshPrnamt>1225</sshPrnamt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
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    <Sole>1225</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES COHEN &amp; STEERS REALTY </nameOfIssuer>
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  <cusip>464287564</cusip>
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    <Sole>3050</Sole>
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<infoTable>
  <nameOfIssuer>ISHARES CORE S&amp;P 500</nameOfIssuer>
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  <value>6158</value>
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    <Sole>23205</Sole>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES GLOBAL ENERGY ETF</nameOfIssuer>
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  <investmentDiscretion>SOLE</investmentDiscretion>
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    <Sole>34890</Sole>
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<infoTable>
  <nameOfIssuer>ISHARES GLOBAL ENERGY ETF</nameOfIssuer>
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    <Sole>0</Sole>
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    <None>9863</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES GOLD ETF</nameOfIssuer>
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  <cusip>464285105</cusip>
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  <shrsOrPrnAmt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>242340</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
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  <cusip>464285105</cusip>
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  <shrsOrPrnAmt>
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  <investmentDiscretion>OTR</investmentDiscretion>
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    <Sole>0</Sole>
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    <None>180647</None>
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</infoTable>
<infoTable>
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  <cusip>464287705</cusip>
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  <shrsOrPrnAmt>
    <sshPrnamt>2025</sshPrnamt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
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    <Sole>2025</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI AUSTRIA CAPPED</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286202</cusip>
  <value>295</value>
  <shrsOrPrnAmt>
    <sshPrnamt>11650</sshPrnamt>
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  <investmentDiscretion>OTR</investmentDiscretion>
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    <Sole>11650</Sole>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI BRAZIL ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286400</cusip>
  <value>1833</value>
  <shrsOrPrnAmt>
    <sshPrnamt>40840</sshPrnamt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>40840</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI BRAZIL ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286400</cusip>
  <value>284</value>
  <shrsOrPrnAmt>
    <sshPrnamt>6320</sshPrnamt>
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  <investmentDiscretion>OTR</investmentDiscretion>
  <votingAuthority>
    <Sole>6320</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI CANADA INDEX FUND</nameOfIssuer>
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  <cusip>464286509</cusip>
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  <shrsOrPrnAmt>
    <sshPrnamt>120419</sshPrnamt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>120419</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI CHILE ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286640</cusip>
  <value>6015</value>
  <shrsOrPrnAmt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>113450</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI CHILE ETF</nameOfIssuer>
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  <cusip>464286640</cusip>
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  <shrsOrPrnAmt>
    <sshPrnamt>8152</sshPrnamt>
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  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
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    <Sole>0</Sole>
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    <None>8152</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI CHILE ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286640</cusip>
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  <shrsOrPrnAmt>
    <sshPrnamt>5435</sshPrnamt>
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  <investmentDiscretion>OTR</investmentDiscretion>
  <votingAuthority>
    <Sole>5435</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI EAFE</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464287465</cusip>
  <value>295</value>
  <shrsOrPrnAmt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>4230</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI EMERGING MKT INDE</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464287234</cusip>
  <value>1612</value>
  <shrsOrPrnAmt>
    <sshPrnamt>33385</sshPrnamt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>33385</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI EUROZONE ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286608</cusip>
  <value>1067</value>
  <shrsOrPrnAmt>
    <sshPrnamt>24612</sshPrnamt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>24012</Sole>
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    <None>600</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI FRANCE ETF IV</nameOfIssuer>
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  <cusip>464286707</cusip>
  <value>1027</value>
  <shrsOrPrnAmt>
    <sshPrnamt>32700</sshPrnamt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>32200</Sole>
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    <None>500</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI FRANCE ETF IV</nameOfIssuer>
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  <cusip>464286707</cusip>
  <value>5410</value>
  <shrsOrPrnAmt>
    <sshPrnamt>172284</sshPrnamt>
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  <investmentDiscretion>OTR</investmentDiscretion>
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    <Sole>0</Sole>
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    <None>172284</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI GERMANY</nameOfIssuer>
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  <shrsOrPrnAmt>
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  <investmentDiscretion>SOLE</investmentDiscretion>
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    <Sole>21930</Sole>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI GERMANY</nameOfIssuer>
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  <cusip>464286806</cusip>
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  <shrsOrPrnAmt>
    <sshPrnamt>10827</sshPrnamt>
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  <investmentDiscretion>OTR</investmentDiscretion>
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  <votingAuthority>
    <Sole>0</Sole>
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    <None>10827</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI HONG KONG INDEX F</nameOfIssuer>
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  <value>75</value>
  <shrsOrPrnAmt>
    <sshPrnamt>2950</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>2950</Sole>
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    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI INDIA ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>46429B598</cusip>
  <value>184</value>
  <shrsOrPrnAmt>
    <sshPrnamt>5400</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
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  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>5400</Sole>
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    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI INDIA ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>46429B598</cusip>
  <value>329</value>
  <shrsOrPrnAmt>
    <sshPrnamt>9636</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
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  <investmentDiscretion>OTR</investmentDiscretion>
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<infoTable>
  <nameOfIssuer>ISHARES MSCI INDONESIA ETF</nameOfIssuer>
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  <cusip>46429b309</cusip>
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<infoTable>
  <nameOfIssuer>ISHARES MSCI IRELAND CAPPED</nameOfIssuer>
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  <cusip>46429b507</cusip>
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<infoTable>
  <nameOfIssuer>ISHARES MSCI ITALY CAPPED ETF </nameOfIssuer>
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  <cusip>46434g830</cusip>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI ITALY CAPPED ETF </nameOfIssuer>
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  <cusip>46434g830</cusip>
  <value>3</value>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI MEXICO CAPPED ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286822</cusip>
  <value>31</value>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI NEW ZEALAND</nameOfIssuer>
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  <cusip>464289123</cusip>
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<infoTable>
  <nameOfIssuer>ISHARES MSCI PHILIPPINES INVES</nameOfIssuer>
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  <cusip>46429b408</cusip>
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<infoTable>
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  <cusip>46429b606</cusip>
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</infoTable>
<infoTable>
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  <cusip>46434g798</cusip>
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  <shrsOrPrnAmt>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI SINGAPORE ETF</nameOfIssuer>
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  <cusip>46434g780</cusip>
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<infoTable>
  <nameOfIssuer>ISHARES MSCI SINGAPORE ETF</nameOfIssuer>
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  <cusip>46434g780</cusip>
  <value>289</value>
  <shrsOrPrnAmt>
    <sshPrnamt>10825</sshPrnamt>
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  <investmentDiscretion>OTR</investmentDiscretion>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI SOUTH KOREA ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286772</cusip>
  <value>866</value>
  <shrsOrPrnAmt>
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    <None>0</None>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES MSCI SPAIN CAPPED ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464286764</cusip>
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    <sshPrnamt>4425</sshPrnamt>
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</infoTable>
<infoTable>
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  <cusip>46434g772</cusip>
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  <votingAuthority>
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<infoTable>
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  <cusip>464286624</cusip>
  <value>364</value>
  <shrsOrPrnAmt>
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    <None>200</None>
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<infoTable>
  <nameOfIssuer>ISHARES RUSSELL 1000 ETF</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>464287622</cusip>
  <value>624</value>
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</infoTable>
<infoTable>
  <nameOfIssuer>ISHARES RUSSELL 2000 ETF</nameOfIssuer>
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  <cusip>464287655</cusip>
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  <shrsOrPrnAmt>
    <sshPrnamt>1716</sshPrnamt>
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<infoTable>
  <nameOfIssuer>ISHARES RUSSELL 2000 ETF</nameOfIssuer>
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    <None>113612</None>
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<infoTable>
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<infoTable>
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<infoTable>
  <nameOfIssuer>ISHARES SILVER TRUST ETF</nameOfIssuer>
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<infoTable>
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  <shrsOrPrnAmt>
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<infoTable>
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<infoTable>
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    <None>1782</None>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>119160</Sole>
    <Shared>0</Shared>
    <None>350</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TERADYNE INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>880770102</cusip>
  <value>95</value>
  <shrsOrPrnAmt>
    <sshPrnamt>2068</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>2068</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TEXTAINER GROUP HOLDINGS LTD</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>g8766e109</cusip>
  <value>1401</value>
  <shrsOrPrnAmt>
    <sshPrnamt>82650</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>82650</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TEXTRON INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>883203101</cusip>
  <value>2789</value>
  <shrsOrPrnAmt>
    <sshPrnamt>47300</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>47300</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TEXTRON INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>883203101</cusip>
  <value>7834</value>
  <shrsOrPrnAmt>
    <sshPrnamt>132852</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>132852</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>THOR INDUSTRIES INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>885160101</cusip>
  <value>2189</value>
  <shrsOrPrnAmt>
    <sshPrnamt>19010</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>19010</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TILLY&apos;S INC-CLASS A SHRS</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>886885102</cusip>
  <value>1752</value>
  <shrsOrPrnAmt>
    <sshPrnamt>155020</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>155020</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TIMBERLAND BANCORP INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>887098101</cusip>
  <value>103</value>
  <shrsOrPrnAmt>
    <sshPrnamt>3385</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>3385</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TIMBERLAND BANCORP INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>887098101</cusip>
  <value>5</value>
  <shrsOrPrnAmt>
    <sshPrnamt>150</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <votingAuthority>
    <Sole>150</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TIME WARNER INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>887317303</cusip>
  <value>538</value>
  <shrsOrPrnAmt>
    <sshPrnamt>5690</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>5690</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TIVITY HEALTH INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>88870r102</cusip>
  <value>1279</value>
  <shrsOrPrnAmt>
    <sshPrnamt>32260</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>32260</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TIVITY HEALTH INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>88870r102</cusip>
  <value>3</value>
  <shrsOrPrnAmt>
    <sshPrnamt>75</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>75</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TOLL BROTHERS INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>889478103</cusip>
  <value>2065</value>
  <shrsOrPrnAmt>
    <sshPrnamt>47750</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>47750</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TORCHMARK CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>891027104</cusip>
  <value>23055</value>
  <shrsOrPrnAmt>
    <sshPrnamt>273910</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>273110</Sole>
    <Shared>0</Shared>
    <None>800</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TORCHMARK CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>891027104</cusip>
  <value>2951</value>
  <shrsOrPrnAmt>
    <sshPrnamt>35061</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>35061</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TORO COMPANY</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>891092108</cusip>
  <value>2221</value>
  <shrsOrPrnAmt>
    <sshPrnamt>35560</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>35560</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TORO COMPANY</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>891092108</cusip>
  <value>2304</value>
  <shrsOrPrnAmt>
    <sshPrnamt>36898</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>36898</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TORTOISE NORTH AMERICAN PIPELI</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>56167n720</cusip>
  <value>243</value>
  <shrsOrPrnAmt>
    <sshPrnamt>11675</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <votingAuthority>
    <Sole>11675</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TOTAL SA-SPON ADR</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>89151e109</cusip>
  <value>19</value>
  <shrsOrPrnAmt>
    <sshPrnamt>338</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>338</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TOTAL SA-SPON ADR</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>89151e109</cusip>
  <value>351</value>
  <shrsOrPrnAmt>
    <sshPrnamt>6077</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>6077</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TOWER INTERNATIONAL INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>891826109</cusip>
  <value>2132</value>
  <shrsOrPrnAmt>
    <sshPrnamt>76820</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>76820</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TOWER SEMICONDUCTOR LTD</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>m87915274</cusip>
  <value>2521</value>
  <shrsOrPrnAmt>
    <sshPrnamt>93665</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>93665</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TOWER SEMICONDUCTOR LTD</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>m87915274</cusip>
  <value>405</value>
  <shrsOrPrnAmt>
    <sshPrnamt>15057</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>15057</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TOYOTA MOTOR-SPN ADR</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>892331307</cusip>
  <value>359</value>
  <shrsOrPrnAmt>
    <sshPrnamt>2755</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>2755</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TPG SPECIALTY LENDING INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>87265k102</cusip>
  <value>1813</value>
  <shrsOrPrnAmt>
    <sshPrnamt>101520</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>101520</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRANSOCEAN LTD</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>h8817h100</cusip>
  <value>635</value>
  <shrsOrPrnAmt>
    <sshPrnamt>64130</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>64130</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRANSOCEAN LTD</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>h8817h100</cusip>
  <value>13</value>
  <shrsOrPrnAmt>
    <sshPrnamt>1295</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>1295</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRAVELERS COS INC/THE</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>89417e109</cusip>
  <value>7268</value>
  <shrsOrPrnAmt>
    <sshPrnamt>52340</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>51940</Sole>
    <Shared>0</Shared>
    <None>400</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRAVELERS COS INC/THE</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>89417e109</cusip>
  <value>8567</value>
  <shrsOrPrnAmt>
    <sshPrnamt>61698</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>61698</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRAVELPORT WORLDWIDE LTD</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>g9019d104</cusip>
  <value>170</value>
  <shrsOrPrnAmt>
    <sshPrnamt>10400</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>10400</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRAVELPORT WORLDWIDE LTD</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>g9019d104</cusip>
  <value>76</value>
  <shrsOrPrnAmt>
    <sshPrnamt>4675</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <votingAuthority>
    <Sole>4675</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRI POINTE GROUP INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>87265h109</cusip>
  <value>2994</value>
  <shrsOrPrnAmt>
    <sshPrnamt>182235</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>182235</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRIMAS CORP</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>896215209</cusip>
  <value>2968</value>
  <shrsOrPrnAmt>
    <sshPrnamt>113070</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>111070</Sole>
    <Shared>0</Shared>
    <None>2000</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRINET GROUP INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>896288107</cusip>
  <value>2946</value>
  <shrsOrPrnAmt>
    <sshPrnamt>63610</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>63610</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRINET GROUP INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>896288107</cusip>
  <value>402</value>
  <shrsOrPrnAmt>
    <sshPrnamt>8689</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>8689</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRINITY INDUSTRIES</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>896522109</cusip>
  <value>1843</value>
  <shrsOrPrnAmt>
    <sshPrnamt>56470</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>55470</Sole>
    <Shared>0</Shared>
    <None>1000</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRINSEO SA</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>l9340p101</cusip>
  <value>5168</value>
  <shrsOrPrnAmt>
    <sshPrnamt>69790</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>68965</Sole>
    <Shared>0</Shared>
    <None>825</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRINSEO SA</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>l9340p101</cusip>
  <value>7196</value>
  <shrsOrPrnAmt>
    <sshPrnamt>97179</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <otherManager>01</otherManager>
  <votingAuthority>
    <Sole>0</Sole>
    <Shared>0</Shared>
    <None>97179</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRIO-TECH INTERNATIONAL</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>896712205</cusip>
  <value>47</value>
  <shrsOrPrnAmt>
    <sshPrnamt>8150</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>SOLE</investmentDiscretion>
  <votingAuthority>
    <Sole>8150</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRIO-TECH INTERNATIONAL</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>896712205</cusip>
  <value>2</value>
  <shrsOrPrnAmt>
    <sshPrnamt>400</sshPrnamt>
    <sshPrnamtType>SH</sshPrnamtType>
  </shrsOrPrnAmt>
  <investmentDiscretion>OTR</investmentDiscretion>
  <votingAuthority>
    <Sole>400</Sole>
    <Shared>0</Shared>
    <None>0</None>
  </votingAuthority>
</infoTable>
<infoTable>
  <nameOfIssuer>TRIUMPH GROUP INC</nameOfIssuer>
  <titleOfClass>com</titleOfClass>
  <cusip>896818101</cusip>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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  <cusip>46434v860</cusip>
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<infoTable>
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<infoTable>
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<infoTable>
  <nameOfIssuer>NUVEEN FLOAT RATE INC OPP FUND</nameOfIssuer>
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<infoTable>
  <nameOfIssuer>NUVEEN INSRD VIRGNIA PRE</nameOfIssuer>
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<infoTable>
  <nameOfIssuer>NUVEEN MUNICIPAL VALUE C</nameOfIssuer>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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<infoTable>
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  <nameOfIssuer>VANECK VECTORS ATM-FREE INT. M</nameOfIssuer>
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<infoTable>
  <nameOfIssuer>VANECK VECTORS JP MORGAN EM</nameOfIssuer>
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<infoTable>
  <nameOfIssuer>VANECK VECTORS LONG MUNICIPAL</nameOfIssuer>
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<infoTable>
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  <nameOfIssuer>VANGUARD LONG-TERM CORPORATE B</nameOfIssuer>
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  <value>18</value>
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<infoTable>
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<infoTable>
  <nameOfIssuer>VANGUARD SHORT-TERM BOND ETF</nameOfIssuer>
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  <nameOfIssuer>VANGUARD TAX-EXEMPT BOND ETF</nameOfIssuer>
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