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
AFLAC INC COM 001055102 230 3,446 SH   DFND   0 0 3,446
AT&T INC COM 00206R102 3,272 93,050 SH   DFND   11,685 0 81,365
ABBOTT LABORATORIES COM 002824100 1,533 39,990 SH   DFND   2,050 0 37,940
ABBVIE INC COM 00287Y109 3,620 68,550 SH   DFND   7,800 0 60,750
AGILENT TECHNOLOGIES INC COM 00846U101 7,352 128,560 SH   DFND   4,100 0 124,460
AIR LEASE CORP CL A COM 00912X302 6,618 212,950 SH   DFND   13,200 0 199,750
ALTRIA GROUP INC COM 02209S103 322 8,400 SH   DFND   0 0 8,400
AMERICAN EXPRESS CO COM 025816109 277 3,055 SH   DFND   400 0 2,655
AMERICAN WATER WORKS CO COM 030420103 673 15,925 SH   DFND   0 0 15,925
AMGEN INC COM 031162100 245 2,150 SH   DFND   1,000 0 1,150
APPLE INC COM 037833100 5,684 10,131 SH   DFND   370 0 9,761
AUTOMATIC DATA PROCESSING INC COM 053015103 726 8,981 SH   DFND   6,550 0 2,431
BECTON DICKINSON& CO COM 075887109 453 4,100 SH   DFND   350 0 3,750
BERKSHIRE HATHAWAY INC CLASS B COM 084670702 1,497 12,626 SH   DFND   850 0 11,776
BIOGEN IDEC INC COM 09062X103 257 920 SH   DFND   0 0 920
THE BLACKSTONE GROUP LP COM 09253U108 2,335 74,125 SH   DFND   5,000 0 69,125
BOEING COMPANY COM 097023105 218 1,600 SH   DFND   0 0 1,600
BRISTOL-MYERS SQUIBB CO COM 110122108 454 8,548 SH   DFND   1,600 0 6,948
CVS CAREMARK CORP COM 126650100 3,282 45,858 SH   DFND   2,050 0 43,808
CATERPILLAR INC COM 149123101 202 2,225 SH   DFND   0 0 2,225
CENTURYLINK, INC. COM 156700106 1,367 42,908 SH   DFND   2,145 0 40,763
CHEVRON CORP COM 166764100 8,887 71,145 SH   DFND   12,060 0 59,085
CHUBB CORP COM 171232101 316 3,267 SH   DFND   0 0 3,267
CINEMARK HOLDINGS INC COM 17243V102 6,611 198,363 SH   DFND   16,550 0 181,813
CISCO SYSTEMS INC COM 17275R102 799 35,603 SH   DFND   7,100 0 28,503
COCA-COLA COMPANY COM 191216100 1,352 32,720 SH   DFND   1,900 0 30,820
COGNIZANT TECH SOL CL A COM 192446102 1,886 18,680 SH   DFND   1,675 0 17,005
COLGATE-PALMOLIVE CO. COM 194162103 588 9,024 SH   DFND   4,100 0 4,924
CONOCOPHILLIPS COM 20825C104 517 7,317 SH   DFND   0 0 7,317
COSTCO WHSL CORP (NEW) COM 22160K105 985 8,277 SH   DFND   1,910 0 6,367
CUMMINS ENGINE INC COM 231021106 211 1,500 SH   DFND   0 0 1,500
DEERE& CO COM 244199105 321 3,516 SH   DFND   0 0 3,516
DEVON ENERGY CORP (NEW) COM 25179M103 2,609 42,174 SH   DFND   1,900 0 40,274
AAM/DFA US HIGH BOOK TO MARKET PORTFOLIO 25434D880 190 10,052 SH   DFND   0 0 10,052
DISNEY CO. (WALT) COM 254687106 4,092 53,564 SH   DFND   10,100 0 43,464
DU PONT (E.I.) DE NEMOURS COM 263534109 6,733 103,634 SH   DFND   5,450 0 98,184
DUKE ENERGY CORP COM 26441C204 5,940 86,071 SH   DFND   10,486 0 75,585
EMC CORP/MASS COM 268648102 8,026 319,108 SH   DFND   15,800 0 303,308
EMERSON ELECTRIC COMPANY COM 291011104 1,814 25,853 SH   DFND   0 0 25,853
ENTERPRISE PRD PRTNRS LP COM 293792107 380 5,738 SH   DFND   0 0 5,738
EXPRESS SCRIPTS HOLDING CO COM 30219G108 6,695 95,319 SH   DFND   4,125 0 91,194
EXXON MOBIL CORP COM 30231G102 6,475 63,980 SH   DFND   9,330 0 54,650
FEDEX CORPORATION COM 31428X106 1,382 9,610 SH   DFND   215 0 9,395
GENERAL ELECTRIC COMPANY COM 369604103 2,102 75,000 SH   DFND   19,610 0 55,390
GENERAL MILLS INCORPORATED COM 370334104 256 5,120 SH   DFND   0 0 5,120
GENUINE PARTS CO COM 372460105 499 6,000 SH   DFND   5,600 0 400
GILEAD SCIENCES INC COM 375558103 2,122 28,255 SH   DFND   2,380 0 25,875
HCP INC COM 40414L109 989 27,225 SH   DFND   3,025 0 24,200
HEALTH CARE REIT INC COM 42217K106 3,608 67,344 SH   DFND   8,620 0 58,724
HOME DEPOT INC COM 437076102 957 11,625 SH   DFND   500 0 11,125
HONEYWELL INTERNATIONAL INC COM 438516106 661 7,235 SH   DFND   2,580 0 4,655
INTEL CORPORATION COM 458140100 1,004 38,677 SH   DFND   6,000 0 32,677
INTERNATIONAL BUSINESS MACHINE COM 459200101 3,225 17,194 SH   DFND   1,990 0 15,204
ISHARES TR DJ SEL DVI INX COM 464287168 410 5,750 SH   DFND   0 0 5,750
ISHARES TRUST INDEX FUND FTSE XINHUA HK CH 464287184 217 5,650 SH   DFND   0 0 5,650
ISHARES TR NASDAQ BIO FD NASDAQ BIOTECH IN 464287556 1,945 8,565 SH   DFND   500 0 8,065
ISHARES DJ US REGIONAL BANKS COM 464288778 2,911 88,060 SH   DFND   9,000 0 79,060
ISHARES US MEDICAL DEVICES ETF COM 464288810 6,706 72,255 SH   DFND   2,750 0 69,505
JPMORGAN CHASE& CO COM 46625H100 8,195 140,128 SH   DFND   16,625 0 123,503
JACOBS ENGINEERING GROUP INC COM 469814107 3,502 55,604 SH   DFND   1,600 0 54,004
JOHNSON& JOHNSON COM 478160104 8,752 95,551 SH   DFND   11,195 0 84,356
KAYNE ANDERSON MLP INVESTMENT COM 486606106 7,239 181,667 SH   DFND   21,245 0 160,422
KIMBERLY CLARK COM 494368103 551 5,270 SH   DFND   4,170 0 1,100
KINDER MORGAN ENERGY PTNRS COM 494550106 289 3,581 SH   DFND   0 0 3,581
KRAFT FOODS GROUP INC COM 50076Q106 5,958 110,520 SH   DFND   8,535 0 101,985
LITMAN GREGORY MASTERS INTL FD INSTITUTIONAL CLA 53700T207 189 10,455 SH   SOLE   10,455 0 0
LOWES CO INC COM 548661107 2,729 55,066 SH   DFND   675 0 54,391
MARKET VECTORS ETF TR OIL SVCS COM 57060U191 260 5,400 SH   DFND   2,400 0 3,000
MATTHEWS ASIA DIVIDEND FUND FUND 577125107 3,590 230,100 SH   DFND   4,793 0 225,306
MATTHEWS PACIFIC TIGER FUND FUND 577130107 5,400 216,089 SH   DFND   13,148 0 202,940
MATTHEWS ASIAN GROWTH& INCOME FUND 577130206 297 15,719 SH   DFND   4,012 0 11,706
MCDONALDS CORP COM 580135101 441 4,550 SH   DFND   3,450 0 1,100
MERCK& CO. INC. COM 58933Y105 4,565 91,204 SH   DFND   2,160 0 89,044
MESABI TRUST CTF BEN INT ROYALTY TRUST 590672101 220 9,900 SH   DFND   0 0 9,900
METLIFE INC COM 59156R108 7,978 147,952 SH   DFND   10,280 0 137,672
MICROSOFT CORP COM 594918104 10,042 268,433 SH   DFND   19,800 0 248,633
MID AMERICA APARTMENT COM. COM 59522J103 800 13,175 SH   DFND   1,575 0 11,600
MONDELEZ INTERNATIONAL INC COM 609207105 304 8,603 SH   DFND   1,200 0 7,403
MONSANTO COMPANY COM 61166W101 214 1,833 SH   DFND   0 0 1,833
NATIONAL RETAIL PROPERTIES INC COM 637417106 956 31,525 SH   DFND   1,050 0 30,475
NESTLE SA SPNSRD ADR REP RG SH COM 641069406 256 3,485 SH   DFND   2,100 0 1,385
NEXTERA ENERGY INC COM 65339F101 749 8,750 SH   DFND   3,500 0 5,250
NORTHEAST UTILITIES COM 664397106 1,002 23,635 SH   DFND   0 0 23,635
NOVO-NORDISK A-S ADR F 1 ADR REP 1 ORD 670100205 417 2,259 SH   DFND   1,795 0 464
OCCIDENTAL PETROLEUM COM 674599105 7,648 80,418 SH   DFND   4,715 0 75,703
ORACLE CORP COM 68389X105 10,404 271,916 SH   DFND   20,375 0 251,541
PPG INDUSTRIES COM 693506107 247 1,300 SH   DFND   200 0 1,100
PPL CORP COM 69351T106 1,106 36,740 SH   DFND   800 0 35,940
DREYFUS MID CAP INDEX FUND FUND 712223106 234 6,375 SH   SOLE   6,375 0 0
PEPSICO INCORPORATED COM 713448108 5,470 65,948 SH   DFND   5,900 0 60,048
PFIZER INC COM 717081103 433 14,132 SH   DFND   2,683 0 11,449
PHILIP MORRIS INTL INC COM 718172109 356 4,081 SH   DFND   0 0 4,081
PHILLIPS 66 COM 718546104 282 3,658 SH   DFND   0 0 3,658
POWERSHARES ETF TRUST WATER RESOURCE 73935X575 1,943 74,100 SH   DFND   8,800 0 65,300
POWERSHARES DYNAMIC PHARMACEUTICALS 73935X799 778 14,550 SH   DFND   0 0 14,550
PRICE T ROWE GROWTH STOCK FD FUND 741479109 263 5,006 SH   SOLE   5,006 0 0
PROCTER AND GAMBLE COMPANY COM 742718109 3,555 43,666 SH   DFND   4,750 0 38,916
QUALCOMM INC. COM 747525103 6,588 88,731 SH   DFND   3,455 0 85,276
T ROWE PRICE EQUITY INCOME FD FUND 779547108 212 6,450 SH   DFND   4,750 0 1,700
T ROWE PRICE INTL STOCK FUND FUND 77956H203 188 11,555 SH   DFND   9,119 0 2,435
ROYAL BANK CANADA MONTREAL QUE COM 780087102 336 5,000 SH   DFND   0 0 5,000
GUGGENHEIM S&P 500 EQUAL WEIGHT 78355W106 328 4,600 SH   DFND   0 0 4,600
S&P 500 DEPOSITARY RECEIPTS COM 78462F103 866 4,687 SH   DFND   850 0 3,837
SPDR GOLD TRUST COM 78463V107 255 2,200 SH   DFND   1,400 0 800
SPDR SERIES TRUST S&P BIOTECH COM 78464A870 3,382 25,978 SH   DFND   3,065 0 22,913
SCHLUMBERGER LIMITED COM 806857108 9,518 105,627 SH   DFND   9,200 0 96,427
SCHWAB INTL INDEX FUND SELECT SHARES 808509830 208 10,461 SH   DFND   0 0 10,461
SCHWAB S&P 500 INDEX FUN D - SELECT SHARES 808509855 687 23,809 SH   DFND   0 0 23,809
SCHWAB 1000 FUND FUND 808517106 771 15,847 SH   DFND   860 0 14,986
SCHWAB US LARGE CAP COM 808524201 1,133 25,700 SH   DFND   800 0 24,900
SECT SPDR MATERIALS FUND COM 81369Y100 220 4,750 SH   DFND   3,800 0 950
SECT SPDR CONS DISCR SELECT COM 81369Y407 354 5,300 SH   DFND   0 0 5,300
AMEX FINANCIAL SELECT SPDR COM 81369Y605 261 11,950 SH   DFND   400 0 11,550
AMEX INDUSTRIAL SELECT SPDR COM 81369Y704 251 4,805 SH   DFND   0 0 4,805
SECT SPDR THE UTILITES SEL FD COM 81369Y886 1,077 28,353 SH   DFND   6,623 0 21,730
STARWOOD PROPERTY TRUST, INC. COM 85571B105 10,280 371,135 SH   DFND   31,400 0 339,735
SYNGENTA AG SPONSORED ADR'S COM 87160A100 1,256 15,717 SH   DFND   1,600 0 14,117
TARGET CORP COM 87612E106 4,260 67,334 SH   DFND   2,250 0 65,084
THERMO FISHER SCIENTIFIC INC COM 883556102 8,941 80,298 SH   DFND   3,125 0 77,173
3M CO COM 88579Y101 1,201 8,560 SH   DFND   4,160 0 4,400
TORCHMARK CORP COM 891027104 315 4,025 SH   DFND   0 0 4,025
TORTOISE ENERGY INFRSTRC COM 89147L100 510 10,700 SH   DFND   0 0 10,700
TORTOISE MLP FUND, INC. COM 89148B101 3,612 132,061 SH   DFND   9,275 0 122,786
UNION PACIFIC CORPORATION COM 907818108 332 1,976 SH   DFND   400 0 1,576
UNITED PARCEL SERVICE -CL B COM 911312106 6,749 64,231 SH   DFND   3,925 0 60,306
UNITED TECHNOLOGIES CORP COM 913017109 6,075 53,379 SH   DFND   6,805 0 46,574
VANGUARD EQUITY INCOME FUND FUND 921921102 201 6,766 SH   DFND   540 0 6,225
VANGUARD INFORMATION TECH ETF COM 92204A702 2,104 23,500 SH   DFND   0 0 23,500
VENTAS INC COM 92276F100 1,329 23,198 SH   DFND   0 0 23,198
VANGUARD 500 INDEX FUND FUND 922908108 1,132 6,645 SH   DFND   1,982 0 4,663
VANGUARD TOTAL STOCK MKT COM 922908769 384 4,000 SH   DFND   0 0 4,000
VERIZON COMMUNICATIONS COM 92343V104 608 12,378 SH   DFND   5,691 0 6,687
VISA INC-CLASS A SHRS COM 92826C839 3,884 17,440 SH   DFND   800 0 16,640
VODAFONE GROUP PLC-AP ADR COM 92857W209 203 5,165 SH   DFND   1,793 0 3,372
WALGREEN CO COM 931422109 365 6,350 SH   DFND   0 0 6,350
WASTE MANAGEMENT INC. COM 94106L109 741 16,524 SH   DFND   0 0 16,524
WELLS FARGO& CO (NEW) COM 949746101 1,399 30,820 SH   DFND   8,276 0 22,544
ENSCO PLC CLASS A COM G3157S106 1,957 34,220 SH   DFND   1,150 0 33,070
GOLAR LNG LTD BERMUDA COM G9456A100 4,217 116,210 SH   DFND   6,375 0 109,835
WEATHERFORD INTERNATIONAL LTD COM H27013103 871 56,230 SH   DFND   4,000 0 52,230
PENTAIR LTD COM H6169Q108 7,414 95,457 SH   DFND   5,278 0 90,179
TYCO INTERNATIONAL LTD COM H89128104 5,728 139,569 SH   DFND   6,950 0 132,619
UBS AG-NEW COM H89231338 5,164 268,250 SH   DFND   5,225 0 263,025