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
First Trust Senior Loan ETF COM 33738d309 239 5,000 SH   SOLE   5,000 0 0
Invesco Financial Preferred ET COM 46137V621 2,341 126,800 SH   SOLE   126,800 0 0
Invesco Preferred Portfolio COM 46138E511 934 64,130 SH   SOLE   64,130 0 0
IShares Core U S Aggregate Bon COM 464287226 1,727 16,246 SH   SOLE   16,246 0 0
IShares IBoxx Investment Grade COM 464287242 1,972 17,211 SH   SOLE   17,211 0 0
IShares Preferred Stock ETF COM 464288687 1,037 27,495 SH   SOLE   27,495 0 0
American Tower Corp COM 03027X100 30,068 208,560 SH   SOLE   198,240 0 10,320
American Tower Corp COM 03027X100 9,154 63,496 SH   DFND 1 63,496 0 0
Crown Castle International Cor COM 22822V101 23,019 213,491 SH   SOLE   199,981 0 13,510
Crown Castle International Cor COM 22822V101 6,016 55,800 SH   DFND 1 55,800 0 0
Essex Property Trust Inc COM 297178105 1,002 4,191 SH   SOLE   4,191 0 0
Iron Mountain Inc COM 46284v101 202 5,770 SH   SOLE   5,770 0 0
UDR Inc COM 902653104 552 14,701 SH   SOLE   14,701 0 0
Washington Real Estate Investm COM 939653101 584 19,263 SH   SOLE   19,263 0 0
Welltower Inc COM 95040Q104 204 3,253 SH   SOLE   3,253 0 0
Weyerhaeuser Co COM 962166104 22,346 612,887 SH   SOLE   576,382 0 36,505
Weyerhaeuser Co COM 962166104 5,386 147,710 SH   DFND 1 147,710 0 0
BP PLC Sponsored ADR ADR 055622104 1,115 24,422 SH   SOLE   24,422 0 0
BP PLC Sponsored ADR ADR 055622104 685 15,000 SH   DFND 1 15,000 0 0
GlaxoSmithkline PLC ADR ADR 37733W105 10,948 271,586 SH   SOLE   271,586 0 0
GlaxoSmithkline PLC ADR ADR 37733W105 7,812 193,800 SH   DFND 1 193,800 0 0
HSBC Holdings PLC ADS ADR 404280406 255 5,414 SH   SOLE   5,414 0 0
JD.com Inc ADR ADR 47215p106 947 24,310 SH   SOLE   11,310 0 13,000
Novartis AG Sponsored ADR ADR 66987V109 793 10,494 SH   SOLE   10,494 0 0
Novo Nordisk AS Sponsored ADR ADR 670100205 432 9,360 SH   SOLE   9,360 0 0
Royal Dutch Shell PLC Cl A Spo ADR 780259206 38,887 561,709 SH   SOLE   527,539 0 34,170
Royal Dutch Shell PLC Cl A Spo ADR 780259206 16,227 234,390 SH   DFND 1 234,390 0 0
SAP SE ADR ADR 803054204 22,895 197,955 SH   SOLE   197,227 0 728
SAP SE ADR ADR 803054204 6,774 58,570 SH   DFND 1 58,570 0 0
Siemens A G Sponsored ADR ADR 826197501 1,863 28,280 SH   SOLE   27,420 0 860
Vodafone Group Inc ADR 92857W308 3,030 124,631 SH   SOLE   124,631 0 0
Vodafone Group Inc ADR 92857W308 311 12,790 SH   DFND 1 12,790 0 0
WPP Group PLC Spon ADR ADR 92937A102 238 3,024 SH   SOLE   3,024 0 0
3M CO COM 88579Y101 43,993 223,635 SH   SOLE   222,210 0 1,425
3M CO COM 88579Y101 6,708 34,100 SH   DFND 1 34,100 0 0
A T & T Inc COM 00206R102 22,250 692,932 SH   SOLE   638,666 0 54,266
A T & T Inc COM 00206R102 4,343 135,255 SH   DFND 1 135,255 0 0
Abbott Laboratories COM 002824100 2,095 34,356 SH   SOLE   34,356 0 0
Abbvie Inc COM 00287Y109 1,635 17,643 SH   SOLE   17,643 0 0
Accenture Ltd Cl A COM G1151C101 567 3,469 SH   SOLE   3,149 0 320
AES Corp COM 00130H105 224 16,725 SH   SOLE   16,725 0 0
Air Lease Corp COM 00912x302 28,198 671,860 SH   SOLE   619,194 0 52,666
Air Lease Corp COM 00912x302 9,339 222,510 SH   DFND 1 222,510 0 0
Air Products & Chemicals Inc COM 009158106 304 1,952 SH   SOLE   1,952 0 0
Alleghany Corp COM 017175100 754 1,311 SH   SOLE   1,311 0 0
Allstate Corp COM 020002101 5,729 62,770 SH   SOLE   61,090 0 1,680
Alphabet Inc Cl A COM 02079k305 29,927 26,503 SH   SOLE   24,420 0 2,083
Alphabet Inc Cl A COM 02079k305 5,815 5,150 SH   DFND 1 5,150 0 0
Alphabet Inc Cl C COM 02079k107 25,214 22,600 SH   SOLE   21,371 0 1,229
Alphabet Inc Cl C COM 02079k107 5,270 4,724 SH   DFND 1 4,724 0 0
Altria Group Inc COM 02209S103 3,685 64,893 SH   SOLE   64,893 0 0
Amazon.Com Inc COM 023135106 38,251 22,503 SH   SOLE   20,659 0 1,844
Amazon.Com Inc COM 023135106 9,417 5,540 SH   DFND 1 5,540 0 0
American Electric Power Inc COM 025537101 275 3,965 SH   SOLE   3,965 0 0
American Express Co COM 025816109 18,270 186,433 SH   SOLE   185,918 0 515
American Express Co COM 025816109 13,240 135,100 SH   DFND 1 135,100 0 0
Ameriprise Financial Inc COM 03076C106 3,955 28,275 SH   SOLE   28,275 0 0
Ameriprise Financial Inc COM 03076C106 5,455 38,995 SH   DFND 1 38,995 0 0
Amphenol Corp Cl A COM 032095101 261 3,000 SH   SOLE   3,000 0 0
Anadarko Petroleum Corp COM 032511107 2,628 35,875 SH   SOLE   31,649 0 4,226
Apple Inc COM 037833100 38,754 209,359 SH   SOLE   188,618 0 20,741
Apple Inc COM 037833100 6,427 34,720 SH   DFND 1 34,720 0 0
Applied Materials Inc COM 038222105 721 15,600 SH   SOLE   1,400 0 14,200
Autoliv Inc COM 052800109 286 2,000 SH   SOLE   2,000 0 0
Automatic Data Processing Inc COM 053015103 649 4,836 SH   SOLE   4,836 0 0
Avangrid Inc COM 05351W103 265 4,999 SH   SOLE   4,999 0 0
Bank Of America Corp COM 060505104 6,265 222,252 SH   SOLE   160,846 0 61,406
Bank Of America Corp COM 060505104 2,847 101,000 SH   DFND 1 101,000 0 0
Bank Of Montreal COM 063671101 333 4,314 SH   SOLE   4,314 0 0
Bank Of New York Mellon Corp COM 064058100 8,113 150,440 SH   SOLE   149,325 0 1,115
Baxter International Inc COM 071813109 3,161 42,814 SH   SOLE   37,128 0 5,686
Becton Dickinson & Co COM 075887109 1,441 6,015 SH   SOLE   6,015 0 0
Berkshire Hathaway Inc Cl A COM 084670108 2,538 9 SH   SOLE   9 0 0
Berkshire Hathaway Inc Cl A COM 084670108 1,128 4 SH   DFND 1 4 0 0
Berkshire Hathaway Inc Cl B COM 084670702 167,894 899,513 SH   SOLE   887,581 0 11,932
Berkshire Hathaway Inc Cl B COM 084670702 17,363 93,023 SH   DFND 1 93,023 0 0
Black Knight Financial Service COM 09215C105 385 7,197 SH   SOLE   7,197 0 0
BlackRock Inc COM 09247x101 242 485 SH   SOLE   485 0 0
Blackstone Group LP COM 09253U108 982 30,535 SH   SOLE   1,835 0 28,700
Boeing Co COM 097023105 371 1,106 SH   SOLE   1,106 0 0
Bristol-Myers Squibb Co COM 110122108 3,502 63,273 SH   SOLE   63,273 0 0
Broadcom Inc COM 11135F101 25,605 105,527 SH   SOLE   96,448 0 9,079
Broadcom Inc COM 11135F101 7,228 29,790 SH   DFND 1 29,790 0 0
Brookfield Asset Management Cl COM 112585104 1,466 36,155 SH   SOLE   36,155 0 0
Buckeye Partners L P COM 118230101 219 6,236 SH   SOLE   6,236 0 0
Cabot Corp COM 127055101 296 4,800 SH   SOLE   4,800 0 0
Cabot Oil & Gas Corp COM 127097103 678 28,500 SH   SOLE   28,500 0 0
Carnival Corp COM 143658300 17,800 310,593 SH   SOLE   281,830 0 28,763
Carnival Corp COM 143658300 4,017 70,100 SH   DFND 1 70,100 0 0
Caterpillar Inc COM 149123101 3,415 25,174 SH   SOLE   25,174 0 0
CBS Corp Cl B COM 124857202 21,115 375,575 SH   SOLE   340,127 0 35,448
CBS Corp Cl B COM 124857202 3,941 70,100 SH   DFND 1 70,100 0 0
Celgene Corp COM 151020104 12,514 157,562 SH   SOLE   138,528 0 19,034
Celgene Corp COM 151020104 2,322 29,240 SH   DFND 1 29,240 0 0
Cerner Corp COM 156782104 85 1,415 SH   SOLE   740 0 675
Cerner Corp COM 156782104 463 7,740 SH   DFND 1 7,740 0 0
Chevron Corp COM 166764100 13,065 103,340 SH   SOLE   88,207 0 15,133
Chubb Ltd COM H1467J104 9,081 71,494 SH   SOLE   59,168 0 12,326
Chubb Ltd COM H1467J104 381 3,000 SH   DFND 1 3,000 0 0
Cisco Systems Inc COM 17275R102 2,178 50,623 SH   SOLE   15,623 0 35,000
Citigroup Inc COM 172967424 18,142 271,097 SH   SOLE   245,999 0 25,098
Citigroup Inc COM 172967424 3,764 56,250 SH   DFND 1 56,250 0 0
Coca Cola Co COM 191216100 2,608 59,458 SH   SOLE   59,458 0 0
Coca Cola Co COM 191216100 22 500 SH   DFND 1 500 0 0
Colgate Palmolive Co COM 194162103 19,506 300,976 SH   SOLE   299,976 0 1,000
Colgate Palmolive Co COM 194162103 11,374 175,500 SH   DFND 1 175,500 0 0
Comcast Corp Cl A COM 20030N101 31,295 953,819 SH   SOLE   919,988 0 33,831
Comcast Corp Cl A COM 20030N101 19,172 584,334 SH   DFND 1 584,334 0 0
Conagra Brands Inc COM 205887102 554 15,495 SH   SOLE   1,125 0 14,370
ConocoPhillips COM 20825C104 15,123 217,229 SH   SOLE   193,217 0 24,012
ConocoPhillips COM 20825C104 4,577 65,740 SH   DFND 1 65,740 0 0
Consolidated Edison Inc COM 209115104 306 3,920 SH   SOLE   3,920 0 0
Contrafect Corp COM 212326102 33 15,000 SH   SOLE   15,000 0 0
Corning Inc COM 219350105 440 16,006 SH   SOLE   16,006 0 0
Costco Wholesale Corp COM 22160K105 4,086 19,551 SH   SOLE   19,286 0 265
CVS Health Corp COM 126650100 19,100 296,814 SH   SOLE   267,506 0 29,308
CVS Health Corp COM 126650100 3,057 47,500 SH   DFND 1 47,500 0 0
Danaher Corp COM 235851102 387 3,918 SH   SOLE   3,418 0 500
Disney Walt Co COM 254687106 151,415 1,444,662 SH   SOLE   1,422,399 0 22,263
Disney Walt Co COM 254687106 63,417 605,070 SH   DFND 1 605,070 0 0
Dominion Energy Inc COM 25746U109 880 12,906 SH   SOLE   12,906 0 0
DowDuPont Inc COM 26078J100 8,588 130,279 SH   SOLE   112,279 0 18,000
DTE Energy Company COM 233331107 212 2,050 SH   SOLE   2,050 0 0
Duke Energy Corp COM 26441C204 294 3,713 SH   SOLE   3,713 0 0
Eli Lilly & Co COM 532457108 17,479 204,840 SH   SOLE   204,840 0 0
Eli Lilly & Co COM 532457108 9,472 111,000 SH   DFND 1 111,000 0 0
Emerson Electric Co COM 291011104 731 10,566 SH   SOLE   10,566 0 0
Encana Corp COM 292505104 146 11,195 SH   SOLE   8,995 0 2,200
Enterprise Products Partners L COM 293792107 463 16,738 SH   SOLE   16,738 0 0
Exelon Corp COM 30161N101 345 8,100 SH   SOLE   8,100 0 0
Express Scripts Holding Co COM 30219G108 1,149 14,887 SH   SOLE   14,887 0 0
Exxon Mobil Corp COM 30231G102 9,125 110,299 SH   SOLE   109,234 0 1,065
Exxon Mobil Corp COM 30231G102 83 1,000 SH   DFND 1 1,000 0 0
Facebook Inc Cl A COM 30303M102 28,045 144,325 SH   SOLE   133,446 0 10,879
Facebook Inc Cl A COM 30303M102 9,737 50,110 SH   DFND 1 50,110 0 0
Fedex Corp COM 31428X106 35,184 154,955 SH   SOLE   146,819 0 8,136
Fedex Corp COM 31428X106 9,121 40,170 SH   DFND 1 40,170 0 0
Fidelity National Financial Cl COM 31620R303 900 23,915 SH   SOLE   23,915 0 0
Fidelity National Information COM 31620M106 10,743 101,316 SH   SOLE   96,185 0 5,131
General Dynamics Corp COM 369550108 670 3,595 SH   SOLE   3,595 0 0
General Electric Co COM 369604103 1,114 81,852 SH   SOLE   81,852 0 0
General Electric Co COM 369604103 272 20,000 SH   DFND 1 20,000 0 0
Gilead Sciences Inc COM 375558103 1,363 19,247 SH   SOLE   18,337 0 910
Global Payments Inc COM 37940X102 227 2,040 SH   SOLE   2,040 0 0
Goldman Sachs Group Inc COM 38141G104 1,170 5,304 SH   SOLE   304 0 5,000
Halliburton Co COM 406216101 895 19,860 SH   SOLE   19,860 0 0
Hartford Financial Services Gr COM 416515104 20,529 401,513 SH   SOLE   400,648 0 865
Hartford Financial Services Gr COM 416515104 6,964 136,199 SH   DFND 1 136,199 0 0
Hess Corp COM 42809H107 8,565 128,041 SH   SOLE   128,041 0 0
Hess Corp COM 42809H107 6,689 100,000 SH   DFND 1 100,000 0 0
HollyFrontier Corp COM 436106108 479 7,000 SH   SOLE   7,000 0 0
Home Depot Inc COM 437076102 4,565 23,399 SH   SOLE   16,999 0 6,400
Honeywell International Inc COM 438516106 43,842 304,350 SH   SOLE   290,764 0 13,586
Honeywell International Inc COM 438516106 7,208 50,040 SH   DFND 1 50,040 0 0
Illinois Tool Works COM 452308109 20,120 145,229 SH   SOLE   145,229 0 0
Illinois Tool Works COM 452308109 7,398 53,400 SH   DFND 1 53,400 0 0
Illumina Inc COM 452327109 223 800 SH   SOLE   800 0 0
Intel Corp COM 458140100 26,407 531,228 SH   SOLE   491,849 0 39,379
Intel Corp COM 458140100 4,912 98,820 SH   DFND 1 98,820 0 0
Intercontinental Exchange Inc COM 45866F104 1,447 19,675 SH   SOLE   3,400 0 16,275
International Business Machine COM 459200101 16,187 115,868 SH   SOLE   101,268 0 14,600
International Business Machine COM 459200101 3,101 22,200 SH   DFND 1 22,200 0 0
International Paper Co COM 460146103 1,562 30,000 SH   SOLE   30,000 0 0
International Paper Co COM 460146103 731 14,040 SH   DFND 1 14,040 0 0
InterXion Holding NV COM N47279109 1,810 29,000 SH   SOLE   0 0 29,000
J P Morgan Chase & Co COM 46625H100 28,839 276,764 SH   SOLE   254,405 0 22,359
J P Morgan Chase & Co COM 46625H100 4,426 42,480 SH   DFND 1 42,480 0 0
Janus Henderson Group PLC COM G4474Y214 492 16,000 SH   SOLE   16,000 0 0
John Wiley & Sons Inc Cl A COM 968223206 1,408 22,559 SH   SOLE   22,559 0 0
Johnson & Johnson Co COM 478160104 90,984 749,825 SH   SOLE   738,469 0 11,356
Johnson & Johnson Co COM 478160104 14,778 121,790 SH   DFND 1 121,790 0 0
Kansas City Southern Industrie COM 485170302 22,824 215,405 SH   SOLE   214,900 0 505
Kansas City Southern Industrie COM 485170302 7,619 71,900 SH   DFND 1 71,900 0 0
Kraft Heinz Co COM 500754106 689 10,962 SH   SOLE   10,962 0 0
Laboratory Corp America Holdin COM 50540R409 29,807 166,026 SH   SOLE   156,598 0 9,428
Laboratory Corp America Holdin COM 50540R409 8,740 48,680 SH   DFND 1 48,680 0 0
Lexicon Genetics Inc COM 528872302 127 10,618 SH   SOLE   10,618 0 0
Lockheed Martin Corp COM 539830109 4,462 15,104 SH   SOLE   15,104 0 0
Loews Corp COM 540424108 1,007 20,850 SH   SOLE   20,850 0 0
Lowes Cos Inc COM 548661107 1,708 17,870 SH   SOLE   2,870 0 15,000
Marathon Petroleum Corp COM 56585A102 351 5,000 SH   SOLE   5,000 0 0
Markel Corp COM 570535104 217 200 SH   SOLE   200 0 0
Mastercard Inc Class A COM 57636q104 3,682 18,737 SH   SOLE   4,737 0 14,000
McDonalds Corp COM 580135101 1,809 11,543 SH   SOLE   11,483 0 60
Medtronic PLC COM G5960L103 24,015 280,521 SH   SOLE   263,235 0 17,286
Medtronic PLC COM G5960L103 6,381 74,530 SH   DFND 1 74,530 0 0
Merck & Co Inc COM 58933Y105 22,389 368,850 SH   SOLE   344,494 0 24,356
Merck & Co Inc COM 58933Y105 5,562 91,630 SH   DFND 1 91,630 0 0
Metlife Inc COM 59156R108 14,994 343,893 SH   SOLE   305,884 0 38,009
Metlife Inc COM 59156R108 2,605 59,740 SH   DFND 1 59,740 0 0
Microsoft Corp COM 594918104 8,447 85,662 SH   SOLE   82,562 0 3,100
Mondelez International Inc COM 609207105 11,196 273,062 SH   SOLE   223,709 0 49,353
Morgan Stanley COM 617446448 1,344 28,364 SH   SOLE   5,364 0 23,000
Newell Brands Inc COM 651229106 6,883 266,900 SH   SOLE   266,725 0 175
Newell Brands Inc COM 651229106 2,574 99,820 SH   DFND 1 99,820 0 0
News Corp New Cl A COM 65249B109 53 3,410 SH   SOLE   3,410 0 0
News Corp New Cl A COM 65249B109 159 10,230 SH   DFND 1 10,230 0 0
NextEra Energy Inc COM 65339F101 852 5,103 SH   SOLE   5,103 0 0
Nike Inc Cl B COM 654106103 666 8,355 SH   SOLE   8,355 0 0
Norfolk Southern Corp COM 655844108 7,406 49,090 SH   SOLE   49,090 0 0
Norfolk Southern Corp COM 655844108 5,160 34,200 SH   DFND 1 34,200 0 0
Northern Trust Corp COM 665859104 617 6,000 SH   SOLE   6,000 0 0
Occidental Petroleum Corp COM 674599105 289 3,455 SH   SOLE   3,455 0 0
Oracle Corp COM 68389X105 13,360 303,230 SH   SOLE   275,188 0 28,042
Oracle Corp COM 68389X105 2,657 60,300 SH   DFND 1 60,300 0 0
Palo Alto Networks Inc COM 697435105 29,934 145,687 SH   SOLE   130,344 0 15,343
Palo Alto Networks Inc COM 697435105 6,061 29,500 SH   DFND 1 29,500 0 0
PayPal Holdings Inc COM 70450Y103 37,372 448,800 SH   SOLE   420,659 0 28,141
PayPal Holdings Inc COM 70450Y103 9,881 118,660 SH   DFND 1 118,660 0 0
Pepsico Inc COM 713448108 93,443 858,301 SH   SOLE   843,626 0 14,675
Pepsico Inc COM 713448108 34,255 314,640 SH   DFND 1 314,640 0 0
Pfizer Inc COM 717081103 11,558 318,575 SH   SOLE   279,208 0 39,367
Pfizer Inc COM 717081103 432 11,910 SH   DFND 1 11,910 0 0
Philip Morris International In COM 718172109 3,208 39,733 SH   SOLE   39,733 0 0
Phillips 66 COM 718546104 255 2,270 SH   SOLE   2,270 0 0
PPL Corp COM 69351T106 246 8,600 SH   SOLE   8,600 0 0
Praxair Inc COM 74005P104 267 1,688 SH   SOLE   1,688 0 0
Procter & Gamble Co COM 742718109 8,941 114,536 SH   SOLE   113,786 0 750
Procter & Gamble Co COM 742718109 10,460 134,000 SH   DFND 1 134,000 0 0
QEP Resources Inc COM 74733V100 265 21,600 SH   SOLE   21,600 0 0
Qualcomm Inc COM 747525103 881 15,697 SH   SOLE   4,447 0 11,250
Quest Diagnostics Inc COM 74834L100 493 4,485 SH   SOLE   4,000 0 485
Raytheon Co COM 755111507 35,066 181,520 SH   SOLE   178,839 0 2,681
Raytheon Co COM 755111507 10,003 51,780 SH   DFND 1 51,780 0 0
Robert Half International Inc COM 770323103 436 6,690 SH   SOLE   6,050 0 640
Rockwell Automation Inc COM 773903109 3,726 22,412 SH   SOLE   17,492 0 4,920
Rockwell Collins Inc COM 774341101 3,140 23,311 SH   SOLE   23,076 0 235
Rockwell Collins Inc COM 774341101 1,562 11,600 SH   DFND 1 11,600 0 0
Royal Bank Of Canada COM 780087102 528 7,010 SH   SOLE   7,010 0 0
Schlumberger Ltd COM 806857108 23,420 349,403 SH   SOLE   323,116 0 26,287
Schlumberger Ltd COM 806857108 3,528 52,630 SH   DFND 1 52,630 0 0
Seacor Holdings Inc COM 811904101 208 3,628 SH   SOLE   3,628 0 0
Southern Co COM 842587107 300 6,478 SH   SOLE   6,478 0 0
Starbucks Corp COM 855244109 729 14,915 SH   SOLE   14,100 0 815
State Street Corp COM 857477103 248 2,662 SH   SOLE   2,662 0 0
SVB Financial Group COM 78486Q101 606 2,100 SH   SOLE   2,100 0 0
Synchrony Financial COM 87165b103 1,458 43,666 SH   SOLE   43,666 0 0
Target Corp COM 87612E106 226 2,971 SH   SOLE   2,971 0 0
Thermo Fisher Scientific Inc COM 883556102 24,113 116,409 SH   SOLE   105,816 0 10,593
Thermo Fisher Scientific Inc COM 883556102 6,262 30,230 SH   DFND 1 30,230 0 0
TJX Cos Inc COM 872540109 5,425 57,000 SH   SOLE   40,000 0 17,000
Torchmark Corp COM 891027104 5,862 72,009 SH   SOLE   72,009 0 0
Torchmark Corp COM 891027104 5,862 72,004 SH   DFND 1 72,004 0 0
Twenty-First Century Fox Inc C COM 90130A101 1,919 38,615 SH   SOLE   37,490 0 1,125
Twenty-First Century Fox Inc C COM 90130A101 2,033 40,920 SH   DFND 1 40,920 0 0
Union Pacific Corp COM 907818108 64,201 453,142 SH   SOLE   440,609 0 12,533
Union Pacific Corp COM 907818108 24,110 170,170 SH   DFND 1 170,170 0 0
United Parcel Service Inc Cl B COM 911312106 21,257 200,099 SH   SOLE   184,270 0 15,829
United Parcel Service Inc Cl B COM 911312106 4,886 45,990 SH   DFND 1 45,990 0 0
United Technologies Corp COM 913017109 33,783 270,199 SH   SOLE   254,662 0 15,537
United Technologies Corp COM 913017109 7,623 60,970 SH   DFND 1 60,970 0 0
US Bancorp COM 902973304 206 4,119 SH   SOLE   4,119 0 0
Varian Medical Systems Inc COM 92220P105 1,204 10,590 SH   SOLE   10,165 0 425
Vectren Corp COM 92240G101 225 3,147 SH   SOLE   3,147 0 0
Verizon Communications COM 92343V104 1,718 34,143 SH   SOLE   34,143 0 0
Visa Inc Cl A COM 92826C839 2,825 21,330 SH   SOLE   900 0 20,430
Wal Mart Stores Inc COM 931142103 3,689 43,065 SH   SOLE   33,600 0 9,465
Wells Fargo & Co COM 949746101 1,816 32,751 SH   SOLE   32,751 0 0
White Mountains Insurance Grou COM G9618E107 714 788 SH   SOLE   788 0 0
Xilinx Inc COM 983919101 1,305 20,000 SH   SOLE   0 0 20,000
Yum Brands Inc COM 988498101 10,170 130,014 SH   SOLE   127,639 0 2,375
Yum Brands Inc COM 988498101 11,733 150,000 SH   DFND 1 150,000 0 0
Yum China Holdings Inc COM 98850P109 5,041 131,074 SH   SOLE   130,474 0 600
Yum China Holdings Inc COM 98850P109 5,769 150,000 SH   DFND 1 150,000 0 0
Financial Sector SPDR COM 81369Y605 475 17,882 SH   SOLE   17,882 0 0
Invesco QQQ Trust COM 46090E103 3,481 20,281 SH   SOLE   20,281 0 0
IShares Dow Jones Select Divid COM 464287168 373 3,817 SH   SOLE   3,817 0 0
IShares Russell 1000 Growth ET COM 464287614 436 3,032 SH   SOLE   3,032 0 0
IShares Russell 2000 Growth ET COM 464287648 293 1,436 SH   SOLE   1,436 0 0
IShares S&P MidCap 400 Index F COM 464287507 273 1,400 SH   SOLE   1,400 0 0
IShares S&P SmallCap 600 Index COM 464287804 286 3,423 SH   SOLE   3,423 0 0
IShares Trust MSCI EAFE ETF COM 464287465 750 11,203 SH   SOLE   11,203 0 0
IShares Trust Nasdaq Biotechno COM 464287556 280 2,550 SH   SOLE   2,550 0 0
Schwab Emerging Markets Equity COM 808524706 7,675 296,430 SH   SOLE   287,129 0 9,301
Schwab International Equity ET COM 808524805 22,438 678,896 SH   SOLE   678,246 0 650
Schwab US Large Cap ETF COM 808524201 2,348 36,135 SH   SOLE   36,135 0 0
Schwab US Small Cap ETF COM 808524607 16,970 230,658 SH   SOLE   223,658 0 7,000
SPDR MSCI All Country World Ex COM 78463X848 1,530 41,327 SH   SOLE   41,327 0 0
SPDR S&P 500 ETF Trust COM 78462F103 14,601 53,821 SH   SOLE   53,810 0 11
Technology Sector SPDR COM 81369Y803 4,801 69,107 SH   SOLE   69,059 0 48
Van Eck Vectors Semiconductor COM 92189F676 826 8,050 SH   SOLE   8,050 0 0
Vanguard Emerging Market Viper COM 922042858 362 8,574 SH   SOLE   8,574 0 0