Murphy Capital Management 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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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
DAIMLER AG SPONSORED ADR	ADR	233825108	347	4,550	SH		SOLE		0	0	4,550
DIAGEO ADR	ADR	25243Q205	1,485	12,870	SH		SOLE		0	0	12,870
NESTLE S A SPONSORED ADR	ADR	641069406	6,618	89,890	SH		SOLE		0	0	89,890
ROCHE HLDG LTD SPONSORED ADR	ADR	771195104	1,439	38,925	SH		SOLE		0	0	38,925
SHIRE PLC SPONSORED ADR	ADR	82481R106	1,479	5,710	SH		SOLE		0	0	5,710
SHIRE PLC SPONSORED ADR	ADR	82481R106	155	600	SH		OTR		0	0	600
UNILEVER PLC ADR	ADR	904767704	951	22,714	SH		SOLE		0	0	22,714
ACCESS MIDSTREAM PARTN UNIT	COM	00434L109	461	7,250	SH		SOLE		0	0	7,250
ACTAVIS PLC SHS	COM	G0083B108	855	3,545	SH		SOLE		0	0	3,545
AETNA	COM	00817Y108	616	7,610	SH		SOLE		0	0	7,610
AETNA	COM	00817Y108	97	1,200	SH		OTR		0	0	1,200
AFLAC	COM	001055102	2,748	47,186	SH		SOLE		0	0	47,186
AFLAC	COM	001055102	43	750	SH		OTR		0	0	750
AIR PRODUCTS & CHEMICALS	COM	009158106	1,324	10,175	SH		SOLE		0	0	10,175
ALCOA INC	COM	013817101	240	14,954	SH		SOLE		0	0	14,954
ALLEGION PUB LTD CO ORD SHS	COM	G0176J109	538	11,301	SH		SOLE		0	0	11,301
ALLIANT TECHSYSTEMS COM	COM	018804104	213	1,675	SH		SOLE		0	0	1,675
ALPS ETF TR ALERIAN MLP	COM	00162Q866	3,276	170,915	SH		SOLE		0	0	170,915
ALTRIA GROUP	COM	02209S103	6,124	133,316	SH		SOLE		0	0	133,316
ALTRIA GROUP	COM	02209S103	27	600	SH		OTR		0	0	600
AMAZON	COM	023135106	5,212	16,165	SH		SOLE		0	0	16,165
AMERICAN CAP AGY CORP COM	COM	02503X105	340	16,000	SH		SOLE		0	0	16,000
AMERICAN ELECTRIC POWER	COM	025537101	443	8,500	SH		SOLE		0	0	8,500
AMERICAN EXPRESS	COM	025816109	3,457	39,498	SH		SOLE		0	0	39,498
AMERICAN INTL GROUP COM NEW	COM	026874784	5,198	96,241	SH		SOLE		0	0	96,241
AMERICAN STATES WATER	COM	029899101	498	16,400	SH		SOLE		0	0	16,400
AMERICAN WTR WKS CO IN COM	COM	030420103	561	11,650	SH		SOLE		0	0	11,650
AMGEN	COM	031162100	1,766	12,573	SH		SOLE		0	0	12,573
AMGEN	COM	031162100	358	2,550	SH		OTR		0	0	2,550
ANADARKO PETROLEUM	COM	032511107	1,038	10,235	SH		SOLE		0	0	10,235
APPLE COMPUTER	COM	037833100	27,345	271,417	SH		SOLE		0	0	271,417
ARENA PHARMACEUTICALS COM	COM	040047102	186	44,500	SH		SOLE		0	0	44,500
ARMOUR RESIDENTIAL REI COM	COM	042315101	346	90,000	SH		SOLE		0	0	90,000
ASHLAND NEW	COM	044209104	645	6,200	SH		SOLE		0	0	6,200
ASML HLGS NV ADR	COM	N07059210	281	2,850	SH		SOLE		0	0	2,850
AT&T, INC.	COM	00206R102	5,761	163,484	SH		SOLE		0	0	163,484
AT&T, INC.	COM	00206R102	272	7,733	SH		OTR		0	0	7,733
ATMOS ENERGY	COM	049560105	374	7,855	SH		SOLE		0	0	7,855
AUTOMATIC DATA PROCESSING	COM	053015103	236	2,850	SH		SOLE		0	0	2,850
AXIS CAPITAL HOLDINGS SHS	COM	G0692U109	433	9,150	SH		SOLE		0	0	9,150
BAIDU.COM ADS	COM	056752108	332	1,525	SH		SOLE		0	0	1,525
BAIDU.COM ADS	COM	056752108	32	150	SH		OTR		0	0	150
BANK MONTREAL QUE COM	COM	063671101	206	2,800	SH		SOLE		0	0	2,800
BANK OF AMERICA	COM	060505104	797	46,759	SH		SOLE		0	0	46,759
BARD (C.R.) INC	COM	067383109	221	1,551	SH		SOLE		0	0	1,551
BARD (C.R.) INC	COM	067383109	430	3,015	SH		OTR		0	0	3,015
BAXTER INTERNATIONAL	COM	071813109	2,352	32,782	SH		SOLE		0	0	32,782
BE AEROSPACE INC COM	COM	073302101	507	6,050	SH		SOLE		0	0	6,050
BECTON DICKINSON	COM	075887109	813	7,150	SH		SOLE		0	0	7,150
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	955	22,350	SH		SOLE		0	0	22,350
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	4,813	34,846	SH		SOLE		0	0	34,846
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	69	500	SH		OTR		0	0	500
BIOGEN IDEC INC	COM	09062X103	545	1,650	SH		SOLE		0	0	1,650
BIOLASE INC COM	COM	090911108	118	47,737	SH		SOLE		0	0	47,737
BIOTECHNOLOGY	COM	464287556	4,244	15,510	SH		SOLE		0	0	15,510
BIOTECHNOLOGY	COM	464287556	218	800	SH		OTR		0	0	800
BLACK HILLS	COM	092113109	359	7,500	SH		SOLE		0	0	7,500
BOEING	COM	097023105	6,617	51,954	SH		SOLE		0	0	51,954
BOEING	COM	097023105	25	200	SH		OTR		0	0	200
BRISTOL MYERS SQUIBB	COM	110122108	2,481	48,481	SH		SOLE		0	0	48,481
BT GROUP PLC ADR	COM	05577E101	767	12,490	SH		SOLE		0	0	12,490
CANADIAN NATIONAL RAILWAY	COM	136375102	904	12,750	SH		SOLE		0	0	12,750
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	1,772	8,545	SH		SOLE		0	0	8,545
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	41	200	SH		OTR		0	0	200
CARDINAL HEALTH	COM	14149Y108	231	3,093	SH		SOLE		0	0	3,093
CATERPILLAR	COM	149123101	3,637	36,735	SH		SOLE		0	0	36,735
CELGENE	COM	151020104	3,740	39,460	SH		SOLE		0	0	39,460
CHENIERE ENERGY INC COM NEW	COM	16411R208	319	3,992	SH		SOLE		0	0	3,992
CHEVRON CORP	COM	166764100	6,401	53,648	SH		SOLE		0	0	53,648
CHEVRON CORP	COM	166764100	546	4,576	SH		OTR		0	0	4,576
CHINA GOLD CORP COM	COM	16938L106	0	140,000	SH		SOLE		0	0	140,000
CHUBB CORP	COM	171232101	3,114	34,189	SH		SOLE		0	0	34,189
CHUBB CORP	COM	171232101	45	500	SH		OTR		0	0	500
CIGNA	COM	125509109	1,337	14,745	SH		SOLE		0	0	14,745
CISCO SYSTEMS	COM	17275R102	653	25,975	SH		SOLE		0	0	25,975
CITIGROUP	COM	172967424	2,771	53,477	SH		SOLE		0	0	53,477
CLEARBRIDGE ENERGY MLP COM	COM	184692101	1,384	49,651	SH		SOLE		0	0	49,651
CLOROX COMPANY	COM	189054109	345	3,600	SH		SOLE		0	0	3,600
COCA COLA	COM	191216100	6,445	151,100	SH		SOLE		0	0	151,100
COLGATE PALMOLIVE	COM	194162103	3,085	47,306	SH		SOLE		0	0	47,306
COMCAST CORP CL A	COM	20030N101	2,684	49,920	SH		SOLE		0	0	49,920
COMMUNITY HEALTH	COM	203668108	224	4,100	SH		SOLE		0	0	4,100
CONOCOPHILLIPS	COM	20825C104	1,486	19,421	SH		SOLE		0	0	19,421
CONSOLIDATED EDISON	COM	209115104	2,706	47,772	SH		SOLE		0	0	47,772
CORNING	COM	219350105	246	12,750	SH		SOLE		0	0	12,750
COSTCO WHOLESALE	COM	22160K105	507	4,050	SH		SOLE		0	0	4,050
CRANE	COM	224399105	226	3,585	SH		SOLE		0	0	3,585
CSX	COM	126408103	2,507	78,218	SH		SOLE		0	0	78,218
CUMMINS	COM	231021106	659	5,000	SH		SOLE		0	0	5,000
CURRENCYSHSSWISS FRANC SWISS F	COM	23129V109	838	8,200	SH		SOLE		0	0	8,200
CVS CORP	COM	126650100	1,008	12,674	SH		SOLE		0	0	12,674
DAVITA	COM	23918K108	429	5,866	SH		SOLE		0	0	5,866
DCP MIDSTREAM PARTNERS LP MLP	COM	23311p100	372	6,850	SH		SOLE		0	0	6,850
DEERE	COM	244199105	1,238	15,100	SH		SOLE		0	0	15,100
DJ US HEALTHCARE	COM	464287762	7,843	58,382	SH		SOLE		0	0	58,382
DJ US HEALTHCARE PROVIDERS	COM	464288828	1,896	17,743	SH		SOLE		0	0	17,743
DJ US MEDICAL DEVICES	COM	464288810	1,576	15,860	SH		SOLE		0	0	15,860
DJ US TECHNOLOGY	COM	464287721	1,639	16,267	SH		SOLE		0	0	16,267
DJ US TRANSPORTATION	COM	464287192	280	1,860	SH		SOLE		0	0	1,860
DJ US UTILITIES SECTOR	COM	464287697	323	3,075	SH		SOLE		0	0	3,075
DJ US UTILITIES SECTOR	COM	464287697	52	500	SH		OTR		0	0	500
DNP SELECT INCOME	COM	23325P104	167	16,610	SH		SOLE		0	0	16,610
DOMINION RESOURCES	COM	25746U109	4,100	59,345	SH		SOLE		0	0	59,345
DOMINION RESOURCES	COM	25746U109	69	1,000	SH		OTR		0	0	1,000
DOVER	COM	260003108	361	4,500	SH		SOLE		0	0	4,500
DOW CHEMICAL	COM	260543103	1,083	20,660	SH		SOLE		0	0	20,660
DU PONT	COM	263534109	4,674	65,134	SH		SOLE		0	0	65,134
DU PONT	COM	263534109	35	500	SH		OTR		0	0	500
DUKE ENERGY CORP NEW	COM	26441c204	3,715	49,690	SH		SOLE		0	0	49,690
DUKE REALTY INVESTMENTS	COM	264411505	691	40,251	SH		SOLE		0	0	40,251
EASTMAN CHEMICAL	COM	277432100	1,115	13,795	SH		SOLE		0	0	13,795
EDWARDS LIFESCIENCES	COM	28176E108	367	3,602	SH		SOLE		0	0	3,602
EL PASO PIPELINE PTNRS COM UNI	COM	283702108	495	12,350	SH		SOLE		0	0	12,350
ELI LILLY	COM	532457108	439	6,779	SH		SOLE		0	0	6,779
EMC	COM	268648102	1,934	66,124	SH		SOLE		0	0	66,124
EMERSON ELECTRIC	COM	291011104	2,191	35,013	SH		SOLE		0	0	35,013
ENERGY TRANSFER EQUITY COM UT	COM	29273V100	2,195	35,590	SH		SOLE		0	0	35,590
ENERGY TRANSFER PARTNERS LP ML	COM	29273R109	1,051	16,430	SH		SOLE		0	0	16,430
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	12,040	298,768	SH		SOLE		0	0	298,768
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	72	1,810	SH		OTR		0	0	1,810
EOG RESOURCES	COM	26875P101	807	8,154	SH		SOLE		0	0	8,154
EQUITY RESIDENTIAL	COM	29476L107	290	4,725	SH		SOLE		0	0	4,725
ESTEE LAUDER CL A	COM	518439104	305	4,084	SH		SOLE		0	0	4,084
EXPRESS SCRIPTS	COM	30219g108	943	13,364	SH		SOLE		0	0	13,364
EXXON MOBIL	COM	30231G102	14,573	154,956	SH		SOLE		0	0	154,956
EXXON MOBIL	COM	30231G102	397	4,224	SH		OTR		0	0	4,224
F M C CORP COM NEW	COM	302491303	551	9,650	SH		SOLE		0	0	9,650
FACEBOOK INC CL A	COM	30303m102	3,105	39,289	SH		SOLE		0	0	39,289
FEDEX	COM	31428x106	1,714	10,618	SH		SOLE		0	0	10,618
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	6,461	106,097	SH		SOLE		0	0	106,097
FIRST TR ISE WTR INDEX COM	COM	33733B100	247	7,780	SH		SOLE		0	0	7,780
FIRST TRUST ENERGY INCOME & GR	COM	33738g104	1,244	33,847	SH		SOLE		0	0	33,847
FLUOR	COM	343412102	748	11,200	SH		SOLE		0	0	11,200
FOOT LOCKER	COM	344849104	219	3,950	SH		SOLE		0	0	3,950
FREEPORT MCMORAN COPPER & GOLD	COM	35671d857	1,053	32,255	SH		SOLE		0	0	32,255
FTSE/XINHUA CHINA 25	COM	464287184	497	12,990	SH		SOLE		0	0	12,990
GENERAL DYNAMICS	COM	369550108	1,993	15,685	SH		SOLE		0	0	15,685
GENERAL ELECTRIC	COM	369604103	7,329	286,081	SH		SOLE		0	0	286,081
GENERAL MILLS	COM	370334104	2,672	52,980	SH		SOLE		0	0	52,980
GENERAL MILLS	COM	370334104	30	600	SH		OTR		0	0	600
GENESEE & WYOMING CL A	COM	371559105	567	5,950	SH		SOLE		0	0	5,950
GENESIS ENERGY LP MLP	COM	371927104	1,482	28,160	SH		SOLE		0	0	28,160
GILEAD SCIENCES	COM	375558103	1,937	18,205	SH		SOLE		0	0	18,205
GLAXOSMITHKLINE ADR	COM	37733W105	510	11,110	SH		SOLE		0	0	11,110
GOLAR LNG LTD BERMUDA SHS	COM	g9456a100	338	5,100	SH		SOLE		0	0	5,100
GOLDMAN SACHS GROUP	COM	38141G104	454	2,475	SH		SOLE		0	0	2,475
GOLDMAN SACHS MLP INC COM SHS	COM	38147W103	3,348	154,024	SH		SOLE		0	0	154,024
GOLDMAN SACHS MLP INC COM SHS	COM	38147W103	13	630	SH		OTR		0	0	630
GOLDMAN SACHS TECHNOLOGY	COM	464287549	207	2,120	SH		SOLE		0	0	2,120
GOOGLE INC CL A	COM	38259P508	3,329	5,658	SH		SOLE		0	0	5,658
GOOGLE INC CL C	COM	38259P706	3,517	6,093	SH		SOLE		0	0	6,093
GREENBRIER COS INC COM	COM	393657101	440	6,000	SH		SOLE		0	0	6,000
HALLIBURTON	COM	406216101	838	13,000	SH		SOLE		0	0	13,000
HANSEN MEDICAL INC COM	COM	411307101	103	87,500	SH		SOLE		0	0	87,500
HEINEKEN N V SPONSORED ADR L1	COM	423012301	216	5,800	SH		SOLE		0	0	5,800
HELMERICH & PAYNE	COM	423452101	303	3,100	SH		SOLE		0	0	3,100
HERSHEY COMPANY	COM	427866108	2,262	23,710	SH		SOLE		0	0	23,710
HERSHEY COMPANY	COM	427866108	47	500	SH		OTR		0	0	500
HESS CORP	COM	42809h107	284	3,020	SH		SOLE		0	0	3,020
HOLLY ENERGY PARTNERS LP	COM	435763107	577	15,860	SH		SOLE		0	0	15,860
HOME DEPOT	COM	437076102	7,116	77,570	SH		SOLE		0	0	77,570
HONEYWELL INTERNATIONAL	COM	438516106	4,873	52,336	SH		SOLE		0	0	52,336
IBM	COM	459200101	10,885	57,345	SH		SOLE		0	0	57,345
IBM	COM	459200101	75	400	SH		OTR		0	0	400
ILLINOIS TOOL WORKS	COM	452308109	582	6,900	SH		SOLE		0	0	6,900
INGERSOLL RAND	COM	G47791101	1,656	29,390	SH		SOLE		0	0	29,390
INTEL	COM	458140100	2,129	61,165	SH		SOLE		0	0	61,165
INTERNATIONAL PAPER	COM	460146103	2,376	49,784	SH		SOLE		0	0	49,784
ISHARES TR DJ INS INDX FD	COM	464288786	1,474	31,285	SH		SOLE		0	0	31,285
ISHARES TR DJ OIL EQUIP	COM	464288844	1,331	20,064	SH		SOLE		0	0	20,064
ISHARES TR DJ OIL EQUIP	COM	464288844	33	500	SH		OTR		0	0	500
ISHARES TR DJ OIL&GAS EXP	COM	464288851	205	2,360	SH		SOLE		0	0	2,360
ISHARES TR DJ PHARMA INDX	COM	464288836	6,004	42,780	SH		SOLE		0	0	42,780
ISHARES TR DJ US FINL SEC	COM	464287788	653	7,810	SH		SOLE		0	0	7,810
ISHARES TR RESIDENT INDEX	COM	464288562	266	5,221	SH		SOLE		0	0	5,221
ISHARES TR S&P GL C STAPL	COM	464288737	325	3,715	SH		SOLE		0	0	3,715
JANUS CAPITAL GROUP	COM	47102x105	436	30,000	SH		SOLE		0	0	30,000
JOHNSON & JOHNSON	COM	478160104	11,737	110,118	SH		SOLE		0	0	110,118
JOHNSON CONTROLS	COM	478366107	305	6,950	SH		SOLE		0	0	6,950
JP MORGAN CHASE	COM	46625H100	5,076	84,265	SH		SOLE		0	0	84,265
JP MORGAN CHASE	COM	46625H100	18	300	SH		OTR		0	0	300
JPMORGAN CHASE & CO ALERIAN ML	COM	46625H365	403	7,600	SH		SOLE		0	0	7,600
JUNIPER NETWORKS	COM	48203r104	316	14,310	SH		SOLE		0	0	14,310
KAYNE ANDERSON MLP	COM	486606106	1,319	32,314	SH		SOLE		0	0	32,314
KELLOGG	COM	487836108	289	4,699	SH		SOLE		0	0	4,699
KIMBERLY CLARK	COM	494368103	1,556	14,472	SH		SOLE		0	0	14,472
KIMBERLY CLARK	COM	494368103	32	300	SH		OTR		0	0	300
KINDER MORGAN	COM	49456b101	863	22,525	SH		SOLE		0	0	22,525
KINDER MORGAN 100,000THS	COM	eke55u103	0	29,308	SH		SOLE		0	0	29,308
KINDER MORGAN MGMT LLC SHS	COM	49455U100	2,402	25,516	SH		SOLE		0	0	25,516
KRAFT FOODS GROUP INC COM	COM	50076Q106	578	10,255	SH		SOLE		0	0	10,255
KROGER	COM	501044101	1,430	27,508	SH		SOLE		0	0	27,508
LAM RESEARCH	COM	512807108	451	6,050	SH		SOLE		0	0	6,050
LEAR CORP	COM	521865204	725	8,400	SH		SOLE		0	0	8,400
LEGACY RESERVES LP UNIT LP INT	COM	524707304	244	8,250	SH		SOLE		0	0	8,250
LIBERTY MEDIA CORP DEL CL A	COM	531229102	435	9,225	SH		SOLE		0	0	9,225
LIBERTY MEDIA CORP DEL COM SER	COM	531229300	326	6,950	SH		SOLE		0	0	6,950
LOCKHEED MARTIN	COM	539830109	1,543	8,444	SH		SOLE		0	0	8,444
LOWES COMPANIES	COM	548661107	1,326	25,075	SH		SOLE		0	0	25,075
LYONDELLBASELL INDUSTR SHS - A	COM	N53745100	657	6,050	SH		SOLE		0	0	6,050
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	11,624	138,091	SH		SOLE		0	0	138,091
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	101	1,200	SH		OTR		0	0	1,200
MAGNA INTL INC CL A	COM	559222401	624	6,575	SH		SOLE		0	0	6,575
MANNKIND CORP COM	COM	56400P201	59	10,000	SH		SOLE		0	0	10,000
MARKET VECTORS ETF TR BIOTECH	COM	57060U183	4,601	43,480	SH		SOLE		0	0	43,480
MARKWEST ENERGY PARTNERS LP ML	COM	570759100	1,261	16,415	SH		SOLE		0	0	16,415
MCDONALDS	COM	580135101	5,535	58,389	SH		SOLE		0	0	58,389
MCKESSON	COM	58155Q103	2,141	11,000	SH		SOLE		0	0	11,000
MEAD JOHNSON NUTRI CO COM CL A	COM	582839106	1,646	17,110	SH		SOLE		0	0	17,110
MEDIVATION INC COM	COM	58501N101	240	2,430	SH		SOLE		0	0	2,430
MEDTRONIC	COM	585055106	551	8,900	SH		SOLE		0	0	8,900
MERCK & CO INC NEW COM	COM	58933Y105	3,026	51,054	SH		SOLE		0	0	51,054
MERRIMACK PHARMACEUTIC COM	COM	590328100	141	16,142	SH		SOLE		0	0	16,142
MICRON TECHNOLOGY	COM	595112103	243	7,100	SH		SOLE		0	0	7,100
MICROSOFT	COM	594918104	1,990	42,946	SH		SOLE		0	0	42,946
MIMEDX GROUP INC COM	COM	602496101	142	20,000	SH		SOLE		0	0	20,000
MMM (3M COMPANY)	COM	88579Y101	9,467	66,820	SH		SOLE		0	0	66,820
MONDELEZ INTL INC CL A	COM	609207105	379	11,068	SH		SOLE		0	0	11,068
MORGAN STANLEY EMERGING	COM	617477104	145	12,307	SH		SOLE		0	0	12,307
MRI INTERVENTIONS INC COM	COM	55347P100	96	80,000	SH		SOLE		0	0	80,000
MSCI EAFE	COM	464287465	3,005	46,871	SH		SOLE		0	0	46,871
MSCI EMERGING MARKET	COM	464287234	716	17,229	SH		SOLE		0	0	17,229
NATIONAL FUEL GAS	COM	636180101	410	5,860	SH		SOLE		0	0	5,860
NATIONAL OILWELL VARCO	COM	637071101	245	3,225	SH		SOLE		0	0	3,225
NETEASE.COM ADR	COM	64110W102	334	3,900	SH		SOLE		0	0	3,900
NEW JERSEY RESOURCES	COM	646025106	254	5,045	SH		SOLE		0	0	5,045
NEXTERA ENERGY INC COM	COM	65339F101	866	9,234	SH		SOLE		0	0	9,234
NIKE	COM	654106103	303	3,400	SH		SOLE		0	0	3,400
NORFOLK SOUTHERN	COM	655844108	1,565	14,025	SH		SOLE		0	0	14,025
NORTHEAST UTILITIES	COM	664397106	279	6,301	SH		SOLE		0	0	6,301
NORTHEAST UTILITIES	COM	664397106	63	1,443	SH		OTR		0	0	1,443
NORTHROP GRUMMAN	COM	666807102	328	2,492	SH		SOLE		0	0	2,492
NORTHSTAR RLTY FIN CP COM	COM	66704R704	183	10,400	SH		SOLE		0	0	10,400
NOVARTIS AG ADR	COM	66987V109	1,421	15,099	SH		SOLE		0	0	15,099
NOVO NORDISK A/S ADR	COM	670100205	495	10,400	SH		SOLE		0	0	10,400
NUSTAR ENERGY LP UNIT COM	COM	67058H102	282	4,280	SH		SOLE		0	0	4,280
NUSTAR ENERGY LP UNIT COM	COM	67058H102	33	511	SH		OTR		0	0	511
NUSTAR GP HOLDINGS LLC UNIT RE	COM	67059L102	291	6,700	SH		SOLE		0	0	6,700
NUVEEN INSD MUN OPPORT COM	COM	670984103	142	10,000	SH		SOLE		0	0	10,000
NXP SEMICONDUCTORS N V COM	COM	N6596X109	366	5,350	SH		SOLE		0	0	5,350
OCCIDENTAL PETROLEUM	COM	674599105	1,037	10,788	SH		SOLE		0	0	10,788
OCCIDENTAL PETROLEUM	COM	674599105	20	210	SH		OTR		0	0	210
OCEANEERING INTL INC COM	COM	675232102	218	3,350	SH		SOLE		0	0	3,350
ONEOK	COM	682680103	432	6,590	SH		SOLE		0	0	6,590
ONEOK PARTNERS LP MLP	COM	68268N103	2,012	35,957	SH		SOLE		0	0	35,957
ORACLE	COM	68389X105	846	22,117	SH		SOLE		0	0	22,117
OTTER TAIL	COM	689648103	320	12,000	SH		SOLE		0	0	12,000
PENTAIR PLC SHS	COM	G7S00T104	264	4,037	SH		SOLE		0	0	4,037
PEPSICO	COM	713448108	8,542	91,770	SH		SOLE		0	0	91,770
PEPSICO	COM	713448108	4	50	SH		OTR		0	0	500
PERRIGO CO PCL SHS	COM	G97822103	322	2,150	SH		SOLE		0	0	2,150
PFIZER	COM	717081103	1,400	47,360	SH		SOLE		0	0	47,360
PG & E	COM	69331C108	326	7,250	SH		SOLE		0	0	7,250
PHILIP MORRIS INTL INC COM	COM	718172109	2,207	26,473	SH		SOLE		0	0	26,473
PIEDMONT NATURAL GAS	COM	720186105	697	20,795	SH		SOLE		0	0	20,795
PIEDMONT NATURAL GAS	COM	720186105	40	1,200	SH		OTR		0	0	1,200
PIONEER NATURAL RESOURCES	COM	723787107	10,311	52,350	SH		SOLE		0	0	52,350
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	4,249	72,204	SH		SOLE		0	0	72,204
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	47	800	SH		OTR		0	0	800
POWERSHARES DYNAMIC BIOTECH &	COM	73935x856	238	5,170	SH		SOLE		0	0	5,170
POWERSHARES ETF TRUST CON STAP	COM	73935X393	487	10,340	SH		SOLE		0	0	10,340
POWERSHARES ETF TRUST ENERGY S	COM	73935X385	533	9,209	SH		SOLE		0	0	9,209
POWERSHARES ETF TRUST NASD INT	COM	73935X146	267	3,915	SH		SOLE		0	0	3,915
POWERSHARES ETF TRUST WATER RE	COM	73935X575	226	9,220	SH		SOLE		0	0	9,220
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	12,019	121,671	SH		SOLE		0	0	121,671
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	29	300	SH		OTR		0	0	300
POWERSHS DB MULTI SECT DB GOLD	COM	73936B606	353	8,800	SH		SOLE		0	0	8,800
POWERSHS DB MULTI SECT DB PREC	COM	73936B200	694	18,280	SH		SOLE		0	0	18,280
POWERSHS DB US DOLLAR DOLL IND	COM	73936D107	500	21,900	SH		SOLE		0	0	21,900
PPL	COM	69351T106	340	10,353	SH		SOLE		0	0	10,353
PROCTER & GAMBLE	COM	742718109	8,447	100,881	SH		SOLE		0	0	100,881
PROCTER & GAMBLE	COM	742718109	33	400	SH		OTR		0	0	400
PRUDENTIAL FINANCIAL	COM	744320102	330	3,756	SH		SOLE		0	0	3,756
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	1,272	34,157	SH		SOLE		0	0	34,157
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	67	1,812	SH		OTR		0	0	1,812
RAYONIER	COM	754907103	483	15,512	SH		SOLE		0	0	15,512
REDWOOD TR INC COM	COM	758075402	186	11,250	SH		SOLE		0	0	11,250
REGENCY ENERGY PTNR LP COM UNI	COM	75885Y107	210	6,450	SH		SOLE		0	0	6,450
RESTORATION HARDWARE H COM	COM	761283100	222	2,800	SH		SOLE		0	0	2,800
REYNOLDS AMERICAN	COM	761713106	292	4,950	SH		SOLE		0	0	4,950
ROPER INDUSTRIES	COM	776696106	585	4,000	SH		SOLE		0	0	4,000
ROSE ROCK MIDSTREAM L COM U RE	COM	777149105	860	14,550	SH		SOLE		0	0	14,550
ROYAL BK CDA MONTREAL COM	COM	780087102	214	3,000	SH		SOLE		0	0	3,000
ROYAL DUTCH CL A ADR NEW	COM	780259206	999	13,132	SH		SOLE		0	0	13,132
ROYAL DUTCH CL A ADR NEW	COM	780259206	31	413	SH		OTR		0	0	413
ROYAL DUTCH CL B ADR NEW	COM	780259107	257	3,251	SH		SOLE		0	0	3,251
RUSSELL MIDCAP GROWTH	COM	464287481	1,209	13,693	SH		SOLE		0	0	13,693
RYDER	COM	783549108	346	3,850	SH		SOLE		0	0	3,850
SANDISK	COM	80004c101	930	9,500	SH		SOLE		0	0	9,500
SCHLUMBERGER	COM	806857108	5,184	50,987	SH		SOLE		0	0	50,987
SCHLUMBERGER	COM	806857108	40	400	SH		OTR		0	0	400
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	1,269	28,143	SH		SOLE		0	0	28,143
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	6,604	285,025	SH		SOLE		0	0	285,025
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	23	1,000	SH		OTR		0	0	1,000
SEMGROUP CORP CL A	COM	81663A105	235	2,825	SH		SOLE		0	0	2,825
SIEMENS A G SPONSORED ADR	COM	826197501	2,220	18,651	SH		SOLE		0	0	18,651
SIMON PROPERTY	COM	828806109	581	3,536	SH		SOLE		0	0	3,536
SKYWORKS SOLUTIONS	COM	83088m102	406	7,000	SH		SOLE		0	0	7,000
SMUCKER JM	COM	832696405	257	2,600	SH		SOLE		0	0	2,600
SOUTHERN COMPANY	COM	842587107	2,004	45,924	SH		SOLE		0	0	45,924
SPDR DOW JONES INDL AV UT SER	COM	78467X109	5,683	33,418	SH		SOLE		0	0	33,418
SPDR ENERGY	COM	81369Y506	3,421	37,754	SH		SOLE		0	0	37,754
SPDR HEALTH CARE	COM	81369y209	15,288	239,222	SH		SOLE		0	0	239,222
SPDR INDEX SHS FDS EURO STOXX	COM	78463X202	7,250	182,626	SH		SOLE		0	0	182,626
SPDR INDUSTRIAL SECTOR	COM	81369y704	2,914	54,837	SH		SOLE		0	0	54,837
SPDR MATERIALS SECTOR	COM	81369y100	1,655	33,391	SH		SOLE		0	0	33,391
SPDR MATERIALS SECTOR	COM	81369y100	4	100	SH		OTR		0	0	100
SPDR MID CAP 400	COM	78467Y107	305	1,224	SH		SOLE		0	0	1,224
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	1,863	11,950	SH		SOLE		0	0	11,950
SPDR SERIES TRUST S&P OILGAS E	COM	78464a730	543	7,900	SH		SOLE		0	0	7,900
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	606	7,092	SH		SOLE		0	0	7,092
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	29	350	SH		OTR		0	0	350
SPDR SP500 TRUST SR 1	COM	78462F103	6,752	34,274	SH		SOLE		0	0	34,274
SPDR UTILITIES SELECT	COM	81369Y886	1,783	42,371	SH		SOLE		0	0	42,371
ST JUDE MEDICAL	COM	790849103	906	15,075	SH		SOLE		0	0	15,075
STANLEY BLACK & DECKER COM	COM	854502101	377	4,250	SH		SOLE		0	0	4,250
STARBUCKS	COM	855244109	2,014	26,700	SH		SOLE		0	0	26,700
STARWOOD PPTY TR INC COM	COM	85571B105	513	23,400	SH		SOLE		0	0	23,400
STATE STREET	COM	857477103	397	5,400	SH		SOLE		0	0	5,400
STMICROELECTRONICS NV ADR	COM	861012102	79	10,400	SH		SOLE		0	0	10,400
STREETTRACKS GOLD SHARES	COM	78463v107	550	4,737	SH		SOLE		0	0	4,737
STREETTRACKS MORGAN STANLEY TE	COM	78464a102	1,485	15,305	SH		SOLE		0	0	15,305
STRYKER	COM	863667101	1,489	18,450	SH		SOLE		0	0	18,450
SUNOCO LOGISTICS PT LP COM UNI	COM	86764L108	685	14,200	SH		SOLE		0	0	14,200
T-MOBILE US INC COM	COM	872590104	593	20,550	SH		SOLE		0	0	20,550
TARGA RES CORP COM	COM	87612G101	265	1,950	SH		SOLE		0	0	1,950
TARGA RES PARTNERS LP COM UNIT	COM	87611X105	842	11,650	SH		SOLE		0	0	11,650
TATA MOTORS ADR	COM	876568502	417	9,550	SH		SOLE		0	0	9,550
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	3,010	75,455	SH		SOLE		0	0	75,455
TEEKAY LNG PARTNERS LP MLP	COM	y8564M105	382	8,780	SH		SOLE		0	0	8,780
TEEKAY OFFSHORE PTN LP PARTNER	COM	Y8565J101	381	11,350	SH		SOLE		0	0	11,350
TELUS CORP COM	COM	87971M103	400	11,720	SH		SOLE		0	0	11,720
TESLA MTRS INC COM	COM	88160R101	1,015	4,185	SH		SOLE		0	0	4,185
TICC CAPITAL CORP COM	COM	87244T109	115	13,087	SH		SOLE		0	0	13,087
TIME WARNER	COM	887317303	350	4,655	SH		SOLE		0	0	4,655
TITAN MED INC COM	COM	88830X108	39	18,220	SH		SOLE		0	0	18,220
TORONTO DOMINION BANK	COM	891160509	224	4,550	SH		SOLE		0	0	4,550
TOYOTA MOTOR ADR	COM	892331307	851	7,245	SH		SOLE		0	0	7,245
TRANSCANADA	COM	89353D107	494	9,600	SH		SOLE		0	0	9,600
TRANSMONTAIGNE PARTNERS LP MLP	COM	89376v100	1,017	24,675	SH		SOLE		0	0	24,675
TYCO INTL	COM	H89128104	235	5,288	SH		SOLE		0	0	5,288
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	3,775	82,585	SH		SOLE		0	0	82,585
UGI CORP	COM	902681105	1,434	42,075	SH		SOLE		0	0	42,075
UGI CORP	COM	902681105	138	4,050	SH		OTR		0	0	4,050
UNION PACIFIC	COM	907818108	6,065	55,941	SH		SOLE		0	0	55,941
UNION PACIFIC	COM	907818108	173	1,600	SH		OTR		0	0	1,600
UNITED PARCEL SERVICE CL B	COM	911312106	3,664	37,284	SH		SOLE		0	0	37,284
UNITED RENTALS	COM	911363109	732	6,595	SH		SOLE		0	0	6,595
UNITED TECHNOLOGIES	COM	913017109	10,601	100,391	SH		SOLE		0	0	100,391
UNITED TECHNOLOGIES	COM	913017109	42	400	SH		OTR		0	0	400
UNITEDHEALTH GROUP	COM	91324P102	348	4,036	SH		SOLE		0	0	4,036
VALEANT PHARMACEUTICAL COM	COM	91911K102	2,164	16,501	SH		SOLE		0	0	16,501
VANGUARD EMERGING MARKETS VIPE	COM	922042858	3,687	88,401	SH		SOLE		0	0	88,401
VANGUARD INDEX FDS GROWTH ETF	COM	922908736	251	2,519	SH		SOLE		0	0	2,519
VANGUARD INDEX FDS REIT ETF	COM	922908553	2,597	36,145	SH		SOLE		0	0	36,145
VANGUARD SPECIALIZED DIV APP E	COM	921908844	254	3,302	SH		SOLE		0	0	3,302
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	960	10,999	SH		SOLE		0	0	10,999
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	475	4,065	SH		SOLE		0	0	4,065
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	5,898	58,935	SH		SOLE		0	0	58,935
VENTAS	COM	92276F100	362	5,850	SH		SOLE		0	0	5,850
VERIZON COMMUNICATIONS	COM	92343V104	12,444	248,933	SH	��	SOLE		0	0	248,933
VERIZON COMMUNICATIONS	COM	92343V104	181	3,628	SH		OTR		0	0	3,628
VIACOM CL B NEW	COM	92553P201	831	10,812	SH		SOLE		0	0	10,812
VISA INC COM CL A	COM	92826C839	1,850	8,675	SH		SOLE		0	0	8,675
VODAFONE GROUP PLC ADR	COM	92857W308	749	22,774	SH		SOLE		0	0	22,774
VODAFONE GROUP PLC ADR	COM	92857W308	24	754	SH		OTR		0	0	754
WAL-MART STORES	COM	931142103	2,611	34,155	SH		SOLE		0	0	34,155
WALGREEN	COM	931422109	817	13,800	SH		SOLE		0	0	13,800
WALT DISNEY	COM	254687106	7,262	81,572	SH		SOLE		0	0	81,572
WELLS FARGO	COM	949746101	1,707	32,914	SH		SOLE		0	0	32,914
WESTAR ENERGY	COM	95709T100	414	12,150	SH		SOLE		0	0	12,150
WESTERN GAS PARTNRS LP COM UNI	COM	958254104	853	11,375	SH		SOLE		0	0	11,375
WHIRLPOOL	COM	963320106	451	3,100	SH		SOLE		0	0	3,100
WHITING PETE CORP NEW COM	COM	966387102	732	9,450	SH		SOLE		0	0	9,450
WHOLE FOODS MKT INC COM	COM	966837106	802	21,050	SH		SOLE		0	0	21,050
WILLIAMS PARTNERS L P COM UNIT	COM	96950F104	475	8,956	SH		SOLE		0	0	8,956
WISDOMTREE TRUST JP TOTAL DIVI	COM	97717W851	379	7,250	SH		SOLE		0	0	7,250
WISDOMTREE TRUST LRGECP VALUE	COM	97717W547	614	10,067	SH		SOLE		0	0	10,067
WYNN RESORTS LTD COM	COM	983134107	584	3,125	SH		SOLE		0	0	3,125
YAHOO	COM	984332106	3,887	95,405	SH		SOLE		0	0	95,405
YUM! BRANDS	COM	988498101	1,055	14,665	SH		SOLE		0	0	14,665
CONSULTING GRP CAP MKT GV MONE	MF	210474102	27	27,152	SH		SOLE		0	0	27,152
CONSULTING GRP CAP MKT HI YLD	MF	210474839	53	12,424	SH		SOLE		0	0	12,424
ISHARES TR US PFD STK IDX	PFD	464288687	335	8,492	SH		SOLE		0	0	8,492
MANNKIND CORP WT 020816	WT	56400P508	47	20,000	SH		SOLE		0	0	20,000