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
AT&T INC COM 00206R102 2,986 85,140 SH   DFND   10,885 0 74,255
ABBOTT LABORATORIES COM 002824100 1,652 42,910 SH   DFND   4,290 0 38,620
ABBVIE INC COM 00287Y109 3,635 70,725 SH   DFND   8,150 0 62,575
AGILENT TECHNOLOGIES INC COM 00846U101 7,141 127,702 SH   DFND   4,600 0 123,102
AIR LEASE CORP CL A COM 00912X302 7,910 212,117 SH   DFND   13,200 0 198,917
ALTRIA GROUP INC COM 02209S103 303 8,100 SH   DFND   0 0 8,100
AMERICAN EXPRESS CO COM 025816109 275 3,055 SH   DFND   400 0 2,655
AMERICAN WATER WORKS CO COM 030420103 723 15,925 SH   DFND   0 0 15,925
AMGEN INC COM 031162100 265 2,150 SH   DFND   1,000 0 1,150
APPLE INC COM 037833100 5,843 10,887 SH   DFND   370 0 10,517
AUTOMATIC DATA PROCESSING INC COM 053015103 678 8,781 SH   DFND   6,350 0 2,431
BECTON DICKINSON& CO COM 075887109 427 3,650 SH   DFND   150 0 3,500
BERKSHIRE HATHAWAY INC CLASS B COM 084670702 1,572 12,576 SH   DFND   800 0 11,776
BIOGEN IDEC INC COM 09062X103 281 920 SH   DFND   0 0 920
THE BLACKSTONE GROUP LP COM 09253U108 2,331 70,105 SH   DFND   4,500 0 65,605
BOEING COMPANY COM 097023105 201 1,600 SH   DFND   0 0 1,600
BRISTOL-MYERS SQUIBB CO COM 110122108 444 8,548 SH   DFND   1,600 0 6,948
CVS CAREMARK CORP COM 126650100 3,478 46,458 SH   DFND   2,050 0 44,408
CATERPILLAR INC COM 149123101 221 2,225 SH   DFND   0 0 2,225
CHEVRON CORP COM 166764100 9,380 78,879 SH   DFND   13,390 0 65,489
CINEMARK HOLDINGS INC COM 17243V102 6,121 210,980 SH   DFND   16,800 0 194,180
CISCO SYSTEMS INC COM 17275R102 798 35,603 SH   DFND   7,100 0 28,503
COCA-COLA COMPANY COM 191216100 1,250 32,336 SH   DFND   1,900 0 30,436
COGNIZANT TECH SOL CL A COM 192446102 1,958 38,694 SH   DFND   3,350 0 35,344
COLGATE-PALMOLIVE CO. COM 194162103 572 8,824 SH   DFND   4,100 0 4,724
CONOCOPHILLIPS COM 20825C104 523 7,437 SH   DFND   0 0 7,437
COSTCO WHSL CORP (NEW) COM 22160K105 869 7,777 SH   DFND   1,910 0 5,867
CUMMINS ENGINE INC COM 231021106 223 1,500 SH   DFND   0 0 1,500
DEERE& CO COM 244199105 319 3,516 SH   DFND   0 0 3,516
DEVON ENERGY CORP (NEW) COM 25179M103 2,990 44,679 SH   DFND   1,900 0 42,779
AAM/DFA US HIGH BOOK TO MARKET PORTFOLIO 25434D880 192 10,052 SH   DFND   0 0 10,052
DISNEY CO. (WALT) COM 254687106 3,927 49,044 SH   DFND   9,950 0 39,094
DU PONT (E.I.) DE NEMOURS COM 263534109 6,913 103,027 SH   DFND   5,450 0 97,577
DUKE ENERGY CORP COM 26441C204 6,221 87,356 SH   DFND   10,846 0 76,510
EMC CORP/MASS COM 268648102 8,215 299,723 SH   DFND   14,950 0 284,773
EMERSON ELECTRIC COMPANY COM 291011104 1,404 21,020 SH   DFND   0 0 21,020
ENTERPRISE PRD PRTNRS LP COM 293792107 398 5,738 SH   DFND   0 0 5,738
EXPRESS SCRIPTS HOLDING CO COM 30219G108 7,006 93,302 SH   DFND   4,025 0 89,277
EXXON MOBIL CORP COM 30231G102 6,060 62,035 SH   DFND   9,180 0 52,855
FEDEX CORPORATION COM 31428X106 1,161 8,760 SH   DFND   215 0 8,545
GENERAL ELECTRIC COMPANY COM 369604103 2,075 80,150 SH   DFND   19,610 0 60,540
GENERAL MILLS INCORPORATED COM 370334104 265 5,120 SH   DFND   0 0 5,120
GENUINE PARTS CO COM 372460105 512 5,900 SH   DFND   5,500 0 400
GILEAD SCIENCES INC COM 375558103 1,888 26,643 SH   DFND   2,380 0 24,263
HCP INC COM 40414L109 1,056 27,225 SH   DFND   3,025 0 24,200
HEALTH CARE REIT INC COM 42217K106 4,067 68,244 SH   DFND   8,620 0 59,624
HOME DEPOT INC COM 437076102 904 11,425 SH   DFND   500 0 10,925
HONEYWELL INTERNATIONAL INC COM 438516106 671 7,235 SH   DFND   2,580 0 4,655
INTEL CORPORATION COM 458140100 860 33,317 SH   DFND   5,750 0 27,567
INTERNATIONAL BUSINESS MACHINE COM 459200101 3,046 15,823 SH   DFND   1,990 0 13,833
ISHARES TR DJ SEL DVI INX COM 464287168 363 4,950 SH   DFND   0 0 4,950
ISHARES TRUST INDEX FUND FTSE XINHUA HK CH 464287184 202 5,650 SH   DFND   0 0 5,650
ISHARES TR NASDAQ BIO FD NASDAQ BIOTECH IN 464287556 1,634 6,910 SH   DFND   500 0 6,410
ISHARES DJ US REGIONAL BANKS COM 464288778 2,669 76,320 SH   DFND   4,400 0 71,920
ISHARES US MEDICAL DEVICES ETF COM 464288810 6,979 70,635 SH   DFND   2,625 0 68,010
ISHARES RUSSELL TOP 200 INDEX COM 464289446 202 4,760 SH   DFND   0 0 4,760
JPMORGAN CHASE& CO COM 46625H100 8,478 139,653 SH   DFND   16,625 0 123,028
JACOBS ENGINEERING GROUP INC COM 469814107 4,164 65,569 SH   DFND   2,190 0 63,379
JOHNSON& JOHNSON COM 478160104 9,047 92,101 SH   DFND   11,070 0 81,031
KAYNE ANDERSON MLP INVESTMENT COM 486606106 8,035 218,891 SH   DFND   21,370 0 197,521
KIMBERLY CLARK COM 494368103 581 5,270 SH   DFND   4,170 0 1,100
KRAFT FOODS GROUP INC COM 50076Q106 5,422 96,640 SH   DFND   7,485 0 89,155
LITMAN GREGORY MASTERS INTL FD INSTITUTIONAL CLA 53700T207 188 10,455 SH   SOLE   10,455 0 0
LOWES CO INC COM 548661107 2,649 54,166 SH   DFND   675 0 53,491
MARKET VECTORS AGRIBUSINESS ETF 57060U605 204 3,758 SH   DFND   0 0 3,758
MATTHEWS ASIA DIVIDEND FUND FUND 577125107 4,163 272,773 SH   DFND   5,314 0 267,458
MATTHEWS PACIFIC TIGER FUND FUND 577130107 4,747 185,631 SH   DFND   12,898 0 172,732
MATTHEWS ASIAN GROWTH& INCOME FUND 577130206 273 14,386 SH   DFND   2,680 0 11,706
MCDONALDS CORP COM 580135101 446 4,550 SH   DFND   3,450 0 1,100
MERCK& CO. INC. COM 58933Y105 4,770 84,024 SH   DFND   2,160 0 81,864
MESABI TRUST CTF BEN INT ROYALTY TRUST 590672101 208 9,900 SH   DFND   0 0 9,900
METLIFE INC COM 59156R108 7,499 142,027 SH   DFND   9,930 0 132,097
MICROSOFT CORP COM 594918104 11,311 275,945 SH   DFND   21,850 0 254,095
MID AMERICA APARTMENT COM. COM 59522J103 1,922 28,150 SH   DFND   3,185 0 24,965
MONDELEZ INTERNATIONAL INC COM 609207105 280 8,103 SH   DFND   1,200 0 6,903
MONSANTO COMPANY COM 61166W101 209 1,833 SH   DFND   0 0 1,833
MYLAN INC COM 628530107 1,611 32,990 SH   DFND   0 0 32,990
NATIONAL RETAIL PROPERTIES INC COM 637417106 497 14,475 SH   DFND   900 0 13,575
NESTLE SA SPNSRD ADR REP RG SH COM 641069406 229 3,040 SH   DFND   2,000 0 1,040
NEXTERA ENERGY INC COM 65339F101 818 8,550 SH   DFND   3,300 0 5,250
NORTHEAST UTILITIES COM 664397106 1,024 22,501 SH   DFND   0 0 22,501
NOVO-NORDISK A-S ADR F 1 ADR REP 1 ORD 670100205 511 11,195 SH   DFND   8,875 0 2,320
OCCIDENTAL PETROLEUM COM 674599105 7,781 81,658 SH   DFND   4,865 0 76,793
ORACLE CORP COM 68389X105 11,021 269,394 SH   DFND   20,225 0 249,169
PPG INDUSTRIES COM 693506107 251 1,300 SH   DFND   200 0 1,100
PPL CORP COM 69351T106 1,013 30,558 SH   DFND   800 0 29,758
DREYFUS MID CAP INDEX FUND FUND 712223106 241 6,375 SH   SOLE   6,375 0 0
PEPSICO INCORPORATED COM 713448108 5,614 67,234 SH   DFND   7,400 0 59,834
PFIZER INC COM 717081103 438 13,632 SH   DFND   2,683 0 10,949
PHILIP MORRIS INTL INC COM 718172109 334 4,081 SH   DFND   0 0 4,081
PHILLIPS 66 COM 718546104 275 3,574 SH   DFND   0 0 3,574
POWERSHARES ETF TRUST WATER RESOURCE 73935X575 1,960 73,466 SH   DFND   8,800 0 64,666
POWERSHARES DYNAMIC PHARMACEUTICALS 73935X799 824 14,550 SH   DFND   0 0 14,550
PRICE T ROWE GROWTH STOCK FD FUND 741479109 265 5,099 SH   DFND   5,006 0 93
PROCTER AND GAMBLE COMPANY COM 742718109 3,540 43,918 SH   DFND   4,750 0 39,168
QUALCOMM INC. COM 747525103 6,900 87,501 SH   DFND   3,255 0 84,246
T ROWE PRICE EQUITY INCOME FD FUND 779547108 206 6,221 SH   DFND   4,521 0 1,700
T ROWE PRICE INTL STOCK FUND FUND 77956H203 190 11,555 SH   DFND   9,119 0 2,435
ROYAL BANK CANADA MONTREAL QUE COM 780087102 330 5,000 SH   DFND   0 0 5,000
S&P 500 DEPOSITARY RECEIPTS COM 78462F103 877 4,687 SH   DFND   850 0 3,837
SPDR GOLD TRUST COM 78463V107 276 2,235 SH   DFND   1,400 0 835
SPDR EURO STOXX 50 ETF COM 78463X202 802 18,805 SH   DFND   0 0 18,805
SPDR SERIES TRUST S&P BIOTECH COM 78464A870 3,705 26,005 SH   DFND   2,915 0 23,090
SCHLUMBERGER LIMITED COM 806857108 10,471 107,394 SH   DFND   9,950 0 97,444
SCHWAB INTL INDEX FUND SELECT SHARES 808509830 209 10,461 SH   DFND   0 0 10,461
SCHWAB S&P 500 INDEX FUN D - SELECT SHARES 808509855 598 20,364 SH   DFND   0 0 20,364
SCHWAB 1000 FUND FUND 808517106 786 15,847 SH   DFND   860 0 14,986
SCHWAB US LARGE CAP COM 808524201 823 18,400 SH   DFND   800 0 17,600
SECT SPDR MATERIALS FUND COM 81369Y100 234 4,955 SH   DFND   3,800 0 1,155
SECT SPDR CONS DISCR SELECT COM 81369Y407 426 6,575 SH   DFND   0 0 6,575
AMEX FINANCIAL SELECT SPDR COM 81369Y605 233 10,450 SH   DFND   400 0 10,050
AMEX INDUSTRIAL SELECT SPDR COM 81369Y704 251 4,805 SH   DFND   0 0 4,805
SECT SPDR THE UTILITES SEL FD COM 81369Y886 1,167 28,153 SH   DFND   6,623 0 21,530
STARWOOD PROPERTY TRUST, INC. COM 85571B105 7,211 305,663 SH   DFND   26,850 0 278,813
SYNGENTA AG SPONSORED ADR'S COM 87160A100 1,136 14,996 SH   DFND   1,600 0 13,396
THERMO FISHER SCIENTIFIC INC COM 883556102 7,833 65,148 SH   DFND   2,875 0 62,273
3M CO COM 88579Y101 973 7,169 SH   DFND   4,110 0 3,059
TORCHMARK CORP COM 891027104 317 4,025 SH   DFND   0 0 4,025
TORTOISE ENERGY INFRSTRC COM 89147L100 490 10,700 SH   DFND   0 0 10,700
TORTOISE MLP FUND, INC. COM 89148B101 3,511 131,435 SH   DFND   9,115 0 122,320
U.S. BANCORP COM 902973304 209 4,870 SH   SOLE   4,870 0 0
UNION PACIFIC CORPORATION COM 907818108 371 1,976 SH   DFND   400 0 1,576
UNITED PARCEL SERVICE -CL B COM 911312106 6,631 68,091 SH   DFND   3,825 0 64,266
UNITED TECHNOLOGIES CORP COM 913017109 6,027 51,584 SH   DFND   6,785 0 44,799
VANGUARD INFORMATION TECH ETF COM 92204A702 2,571 28,085 SH   DFND   0 0 28,085
VENTAS INC COM 92276F100 1,374 22,687 SH   DFND   0 0 22,687
VANGUARD 500 INDEX FUND FUND 922908108 927 5,370 SH   DFND   1,907 0 3,463
VANGUARD TOTAL STOCK MKT COM 922908769 390 4,000 SH   DFND   0 0 4,000
VERIZON COMMUNICATIONS COM 92343V104 641 13,476 SH   DFND   6,061 0 7,415
VISA INC-CLASS A SHRS COM 92826C839 3,650 16,908 SH   DFND   725 0 16,183
WALGREEN CO COM 931422109 419 6,350 SH   DFND   0 0 6,350
WASTE MANAGEMENT INC. COM 94106L109 690 16,390 SH   DFND   0 0 16,390
WELLS FARGO& CO (NEW) COM 949746101 1,488 29,921 SH   DFND   8,276 0 21,645
WEATHERFORD INTERNATIONAL LTD COM H27013103 928 53,430 SH   DFND   4,000 0 49,430
PENTAIR LTD COM H6169Q108 5,985 75,430 SH   DFND   4,953 0 70,477
TYCO INTERNATIONAL LTD COM H89128104 5,793 136,636 SH   DFND   6,850 0 129,786
UBS AG-NEW COM H89231338 7,974 384,825 SH   DFND   22,325 0 362,500