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 885794101 2,855 16,878 SH   SOLE   10,328 0 3,275
ABBOTT LABORATORIES COM 002824100 1,298 24,323 SH   SOLE   4,534 0 19,789
ABBVIE INC COM COM 002874109 1,463 16,467 SH   SOLE   4,192 0 12,275
ADOBE SYSTEMS INC COM 00724F101 4,496 30,136 SH   SOLE   22,247 0 7,889
ADSOUTH PARTNERS INC COM 00737M200 0 10,001 SH   SOLE   0 0 10,001
AES CORP COM 00130H105 211 19,105 SH   SOLE   17,445 0 1,660
AIMGLOBAL TECHNOLOGIES INC COM 00900N100 41 41,000 SH   SOLE   0 0 41,000
ALBEMARLE CORP COM 012653101 293 2,150 SH   SOLE   2,150 0 0
ALLERGAN PLC COM G0177J108 1,622 7,912 SH   SOLE   7,257 0 655
ALPHABET INC CLASS C COM 02079K107 4,525 4,718 SH   SOLE   3,411 0 1,307
ALPS ALERIAN MLP ETF COM 00162Q866 226 20,125 SH   SOLE   20,125 0 0
ALTRIA GROUP INC COM 02209S103 1,284 20,240 SH   SOLE   12,240 0 8,000
AMERN TOWER CORP CLASS A COM 03027X100 2,506 18,336 SH   SOLE   14,016 0 4,320
AMGEN INC COM COM 031162100 2,046 10,972 SH   SOLE   7,047 0 3,925
APPLE, INC. COM 037833100 7,269 47,163 SH   SOLE   35,732 0 11,431
AT & T INC COM 00206R102 3,356 85,672 SH   SOLE   67,618 0 18,054
ATHERSYS INC COM 04744L106 46 22,500 SH   SOLE   2,500 0 20,000
ATRION CORP COM 049904105 605 900 SH   SOLE   0 0 900
AUTO DATA PROCESSING COM 053015103 3,523 32,222 SH   SOLE   20,867 0 11,355
AUTOZONE INC COM 053332102 293 493 SH   SOLE   317 0 176
BALCHEM CORP COM 057665200 332 4,080 SH   SOLE   3,062 0 1,018
BANKAMERICA CORP COM 060505104 4,633 182,847 SH   SOLE   150,102 0 32,745
BERKSHIRE BANCP INC DEL COM 084597202 1,251 108,320 SH   SOLE   108,320 0 0
BLACKSTONE MTG TR INC COM 09257W100 216 6,950 SH   SOLE   6,950 0 0
BOEING CO COM 097023105 7,470 29,383 SH   SOLE   23,725 0 5,658
BOREAL WATER COLLECTION INC CO COM 09971P100 36 35,700 SH   SOLE   0 0 35,700
BP PLC ADR COM 055622104 555 14,454 SH   SOLE   10,029 0 4,425
BRISTOL-MYERS SQUIBB CO COM 110122108 1,837 28,818 SH   SOLE   26,246 0 2,572
BROADCOM LTD COM Y09827109 5,022 20,704 SH   SOLE   15,925 0 4,779
C S X CORP COM 126408103 1,608 29,636 SH   SOLE   23,591 0 6,045
C V S CORP DEL COM 126650100 2,910 35,783 SH   SOLE   32,061 0 3,722
CARDINAL HEALTH INC COM 14149Y108 783 11,700 SH   SOLE   11,650 0 50
CARMAX INC COM 143130102 712 9,393 SH   SOLE   5,319 0 4,074
CATERPILLAR INC COM 149123101 653 5,239 SH   SOLE   3,064 0 2,175
CELGENE CORP COM 151020104 3,437 23,571 SH   SOLE   18,236 0 5,335
CHEVRONTEXACO CORP COM 166764100 5,621 47,839 SH   SOLE   36,715 0 11,124
CHIMERA ENERGY CORP COM COM 167250109 0 16,600 SH   SOLE   0 0 16,600
CHUBB CORPORATION COM 171232101 2,957 20,742 SH   SOLE   17,696 0 3,046
CISCO SYSTEMS INC COM 17275R102 4,662 138,625 SH   SOLE   114,329 0 24,296
CITRIX SYSTEMS INC COM 177376100 1,041 13,550 SH   SOLE   13,550 0 0
COCA COLA COMPANY COM 191216100 418 9,288 SH   SOLE   4,338 0 4,950
COLGATE-PALMOLIVE CO COM 194162103 383 5,263 SH   SOLE   900 0 4,363
COMCAST CORP NEW CL A COM 20030N101 383 9,942 SH   SOLE   8,170 0 1,772
COMMERCIAL METALS CO COM 201723103 462 24,295 SH   SOLE   24,295 0 0
CONOCOPHILLIPS COM 20825C104 2,064 41,242 SH   SOLE   33,012 0 8,230
CONSOLIDATED EDISON INC COM 209115104 232 2,880 SH   SOLE   1,274 0 1,606
CORNING INC COM 219350105 2,927 97,827 SH   SOLE   66,867 0 30,960
DANAHER CORP COM 235851102 762 8,881 SH   SOLE   7,906 0 975
DARDEN RESTAURANTS INC COM 237194105 305 3,875 SH   SOLE   1,725 0 2,150
DISNEY WALT HOLDING CO COM 254687106 3,641 36,939 SH   SOLE   25,220 0 11,719
DOLLAR GENERAL CORPORATION COM 256677105 1,235 15,233 SH   SOLE   11,723 0 3,510
DOWDUPONT INC COM 26078J100 4,781 69,060 SH   SOLE   55,079 0 13,981
DUKE ENERGY CORPORATION COM 26441C204 2,096 24,977 SH   SOLE   17,417 0 7,560
EBAY INC COM COM 278642103 684 17,788 SH   SOLE   11,908 0 5,880
ELI LILLY & COMPANY COM 532457108 4,786 55,948 SH   SOLE   9,308 0 46,640
EMERSON ELECTRIC CO COM 291011104 1,774 28,227 SH   SOLE   26,452 0 1,775
ENBRIDGE INC COM 29250N105 2,905 69,430 SH   SOLE   51,779 0 17,651
ENERGEN CORPORATION COM 29265N108 230 4,200 SH   SOLE   0 0 4,200
ENTERPRISE PRD PRTNRS LP COM 293792107 244 9,366 SH   SOLE   9,366 0 0
EQT CORPORATION COM 26884L109 245 3,750 SH   SOLE   0 0 3,750
ESTEE LAUDER COMPANIES INC COM 518439104 1,076 9,975 SH   SOLE   6,735 0 3,240
EXPRESS SCRIPTS A COM 30219G108 1,356 21,410 SH   SOLE   17,216 0 4,194
EXXON MOBIL CORPORATION COM 30231G102 7,652 93,343 SH   SOLE   59,772 0 33,571
FACEBOOK INC CL A COM 30303M102 5,478 32,058 SH   SOLE   25,028 0 7,030
FEDEX CORPORATION COM 31428X106 2,581 11,440 SH   SOLE   8,442 0 2,998
GENERAL ELECTRIC COMPANY COM 369604103 4,568 188,929 SH   SOLE   118,088 0 70,841
GILEAD SCIENCES INC COM 375558103 561 6,920 SH   SOLE   5,030 0 1,890
GLAXOSMITHKLINE PLC ADR COM 37733W105 239 5,883 SH   SOLE   2,383 0 3,500
GOLDMAN SACHS GROUP INC COM 38141G104 4,080 17,200 SH   SOLE   14,640 0 2,560
GREATER HUDSON BANK NA COM 391868106 248 7,473 SH   SOLE   7,023 0 450
HALLIBURTON COMPANY COM 406216101 1,549 33,649 SH   SOLE   31,099 0 2,550
HARRIS CORP DEL COM 413875105 3,478 26,413 SH   SOLE   19,051 0 7,362
HOME DEPOT INC COM 437076102 11,488 70,237 SH   SOLE   59,870 0 10,367
HONEYWELL INTERNATIONAL COM 438516106 1,872 13,210 SH   SOLE   9,205 0 4,005
ILLINOIS TOOL WORKS INC COM 452308109 734 4,963 SH   SOLE   1,475 0 3,488
INTEL CORP COM 458140100 5,240 137,593 SH   SOLE   115,553 0 22,040
INTL BUSINESS MACHINES COM 459200101 1,614 11,127 SH   SOLE   6,364 0 4,763
INTL FLAVOR & FRAGRANCES COM 459506101 658 4,605 SH   SOLE   4,605 0 0
INTUITIVE SURGICAL INC NEW COM 46120E602 18,125 17,330 SH   SOLE   0 0 17,330
ISHARES TR DOW JONES US TECH S COM 464287721 334 2,225 SH   SOLE   0 0 2,225
ISHARES TR S&P US PFD STK INDE COM 464288687 3,960 102,028 SH   SOLE   90,428 0 11,600
JEFFERSONVILLE BANCORP COM 47559A103 455 30,006 SH   SOLE   30,006 0 0
JOHNSON & JOHNSON COM 478160104 10,086 77,577 SH   SOLE   61,226 0 16,351
JOHNSON CONTROLS INTERNATIONAL COM G51502105 228 5,666 SH   SOLE   5,167 0 499
JP MORGAN CHASE & CO COM 46625H100 9,199 96,314 SH   SOLE   70,107 0 26,207
KIMBERLY-CLARK CORP COM 494368103 408 3,470 SH   SOLE   520 0 2,950
KRAFT HEINZ CO COM 500754106 4,241 54,687 SH   SOLE   40,654 0 14,033
LENNAR CORP COM 526057104 864 16,355 SH   SOLE   11,375 0 4,980
LINCOLN ELEC HLDGS INC COM 533900106 1,254 13,680 SH   SOLE   10,895 0 2,785
LOCKHEED MARTIN CORP COM 539830109 1,426 4,597 SH   SOLE   3,391 0 1,206
LOWES COMPANIES INC COM 548661107 425 5,315 SH   SOLE   4,315 0 1,000
LYONDELLBASELL INDUSTRIES NV COM N53745100 1,322 13,345 SH   SOLE   9,690 0 3,655
M & T BANK CORP COM 55261F104 265 1,645 SH   SOLE   1,045 0 600
MARSH & MCLENNAN CO INC COM 571748102 2,849 33,991 SH   SOLE   26,619 0 7,372
MASCO CORP COM 574599106 2,539 65,082 SH   SOLE   49,312 0 15,770
MAXIM INTEGRATED PRODS COM 57772K101 248 5,200 SH   SOLE   1,225 0 3,975
MCDONALDS CORP COM 580135101 882 5,629 SH   SOLE   3,229 0 2,400
MEDTRONIC PLC COM G5960L103 12,648 162,636 SH   SOLE   24,986 0 137,650
MERCK & CO INC COM 58933Y105 4,152 64,852 SH   SOLE   50,545 0 14,307
METLIFE INC COM 59156R108 732 14,093 SH   SOLE   12,438 0 1,655
MICROSOFT CORP COM 594918104 10,811 145,137 SH   SOLE   114,175 0 30,962
MOLSON COORS COM 60871R209 593 7,260 SH   SOLE   4,780 0 2,480
MONDELEZ INTL INC CL A COM 609207105 944 23,215 SH   SOLE   18,948 0 4,267
MORGAN STANLEY COM 617446448 1,491 30,954 SH   SOLE   22,074 0 8,880
NEW RESIDENTIAL INVT COM 64828T201 189 11,300 SH   SOLE   11,300 0 0
NEXTERA ENERGY INC. COM 302571104 710 4,844 SH   SOLE   2,969 0 1,875
NIKE INC CLASS B COM 654106103 2,388 46,062 SH   SOLE   32,417 0 13,645
NORFOLK SOUTHERN CORP COM 655844108 430 3,250 SH   SOLE   2,200 0 1,050
NORTHROP GRUMMAN CORP COM 666807102 1,503 5,225 SH   SOLE   5,195 0 30
NUVEEN AMT FREE MUN INCOME FD COM 670657105 305 22,000 SH   SOLE   22,000 0 0
ORACLE CORPORATION COM 68389X105 3,350 69,288 SH   SOLE   62,438 0 6,850
ORANGE CNTY BANCORP INC COM 68417L107 25,814 479,871 SH   SOLE   0 0 479,871
OSHKOSH CORP COM 688239201 1,377 16,683 SH   SOLE   12,648 0 4,035
PEPSICO INCORPORATED COM 713448108 7,087 63,598 SH   SOLE   45,696 0 17,902
PERKINELMER INC COM 714046109 774 11,227 SH   SOLE   7,099 0 4,128
PFIZER INCORPORATED COM 717081103 6,003 168,161 SH   SOLE   134,088 0 34,073
PHILIP MORRIS INTL INC COM 718172109 304 2,739 SH   SOLE   39 0 2,700
PHILLIPS 66 COM 718546104 1,624 17,727 SH   SOLE   15,548 0 2,179
PIMCO CORPORATE INCOME STRAT COM 72200U100 982 8,155 SH   SOLE   1,000 0 7,155
PNC FINANCIAL SERVICES COM 693475105 2,013 19,212 SH   SOLE   13,257 0 5,955
PPL CORPORATION COM 69351T106 686 18,079 SH   SOLE   18,079 0 0
PRICE T ROWE GROUP INC COM 74144T108 335 3,700 SH   SOLE   3,280 0 420
PROCTER & GAMBLE CO COM 742718109 3,663 40,264 SH   SOLE   30,209 0 10,055
QUALCOMM INC COM 747525103 246 4,753 SH   SOLE   4,453 0 300
RAYTHEON COMPANY NEW COM 755111507 2,849 15,270 SH   SOLE   7,977 0 7,293
RED HAT INC COM 756577102 3,244 29,260 SH   SOLE   20,865 0 8,395
RESMED INC COM 761152107 1,981 25,735 SH   SOLE   0 0 25,735
REXAHN PHARMACEUTICALS INC COM 761640101 48 20,000 SH   SOLE   0 0 20,000
ROYAL CARIBBEAN CRUISES LTD COM 761152107 3,797 32,029 SH   SOLE   23,324 0 8,705
ROYAL DUTCH SHELL SPON ADR COM 780259206 540 8,915 SH   SOLE   8,765 0 150
SHERWIN WILLIAMS CO COM 824348106 748 2,089 SH   SOLE   1,439 0 650
SMUCKER J M CO COM 832696405 1,173 11,178 SH   SOLE   7,750 0 3,428
STARBUCKS CORP COM 855244109 2,264 42,150 SH   SOLE   31,570 0 10,580
STERLING BANCORP DEL COM COM 85917A100 9,421 382,190 SH   SOLE   382,190 0 0
SUNOCO INC COM 86765K109 302 9,700 SH   SOLE   9,700 0 0
SUNTRUST BANKS INC COM 867914103 3,681 61,594 SH   SOLE   45,634 0 15,960
SYSCO CORPORATION COM 871829107 1,672 30,990 SH   SOLE   26,090 0 4,900
THE BANK OF NY MELLON CORP COM 064058100 4,326 81,596 SH   SOLE   72,631 0 8,965
THE CHARLES SCHWAB CORP COM 808513105 402 9,196 SH   SOLE   9,196 0 0
THE SOUTHERN COMPANY COM 842587107 416 8,464 SH   SOLE   5,684 0 2,780
THERMO ELECTRON CORP COM 883556102 8,067 42,638 SH   SOLE   36,791 0 5,847
TIME WARNER INC COM 00184A105 1,135 11,074 SH   SOLE   9,874 0 1,200
TORONTO DOMINION BK COM 891160509 1,418 25,201 SH   SOLE   16,606 0 8,595
TWO HBRS INVT CORP COM COM 90187B101 360 35,700 SH   SOLE   35,700 0 0
UNITED HEALTHCARE CORP COM 91324P102 4,037 20,615 SH   SOLE   15,771 0 4,844
UNITED TECHNOLOGIES CORP COM 913017109 705 6,074 SH   SOLE   3,094 0 2,980
US BANCORP DEL NEW COM 902973304 777 14,500 SH   SOLE   2,725 0 11,775
VALERO ENERGY CORP COM 91913Y100 994 12,915 SH   SOLE   5,940 0 6,975
VERIZON COMMUNICATIONS COM 92343V104 5,110 103,261 SH   SOLE   83,792 0 19,469
WAL-MART STORES INC COM 931142103 1,765 22,593 SH   SOLE   17,928 0 4,665
WELLS FARGO & CO NEW COM 949746101 5,362 97,230 SH   SOLE   70,425 0 26,805
WESTMONT RESOURCES INC COM 96081P302 30 30,000 SH   SOLE   0 0 30,000
WILLIAMS COMPANIES COM 969457100 396 13,208 SH   SOLE   10,073 0 3,135
WOLDS INC COM 98159J101 24 600,000 SH   SOLE   600,000 0 0