Davidson Trust 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
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 CO	Equities	88579Y101	153,746	1,191	SH		DFND		1,191	0	0
3M CO	Equities	88579Y101	120,183	931	SH		SOLE		931	0	0
ABBOTT LABORATORIES	Equities	002824100	91,619	810	SH		DFND		810	0	0
ABBOTT LABORATORIES	Equities	002824100	4,281,327	37,851	SH		SOLE		37,851	0	0
ABBVIE INC COM	Equities	00287Y109	154,599	870	SH		DFND		870	0	0
ABBVIE INC COM	Equities	00287Y109	7,192,052	40,473	SH		SOLE		40,473	0	0
ACCENTURE PLC IRELAND CL A	Equities	G1151C101	62,267	177	SH		DFND		177	0	0
ACCENTURE PLC IRELAND CL A	Equities	G1151C101	749,313	2,130	SH		SOLE		2,073	0	57
ALLIANCE BERNSTEIN HOLDING LP U	Equities	01881G106	259,630	7,000	SH		SOLE		7,000	0	0
ALLSTATE CORP	Equities	020002101	308,850	1,602	SH		SOLE		1,602	0	0
ALPHABET INC CAP STK CL A	Equities	02079K305	56,790	300	SH		DFND		300	0	0
ALPHABET INC CAP STK CL A	Equities	02079K305	1,633,659	8,630	SH		SOLE		8,630	0	0
ALPHABET INC CAP STK CL C	Equities	02079K107	102,838	540	SH		DFND		540	0	0
ALPHABET INC CAP STK CL C	Equities	02079K107	1,745,763	9,167	SH		SOLE		9,167	0	0
ALTRIA GROUP INC	Equities	02209S103	664,763	12,713	SH		SOLE		12,713	0	0
AMAZON.COM INC	Equities	023135106	43,878	200	SH		DFND		200	0	0
AMAZON.COM INC	Equities	023135106	1,304,712	5,947	SH		SOLE		5,947	0	0
AMERICAN EXPRESS CO	Equities	025816109	40,067	135	SH		DFND		135	0	0
AMERICAN EXPRESS CO	Equities	025816109	449,340	1,514	SH		SOLE		1,514	0	0
AMGEN INC	Equities	031162100	76,889	295	SH		DFND		295	0	0
AMGEN INC	Equities	031162100	382,880	1,469	SH		SOLE		1,469	0	0
ANALOG DEVICES INC	Equities	032654105	33,994	160	SH		DFND		160	0	0
ANALOG DEVICES INC	Equities	032654105	174,855	823	SH		SOLE		823	0	0
APPLE INC	Equities	037833100	449,003	1,793	SH		DFND		1,793	0	0
APPLE INC	Equities	037833100	14,492,807	57,874	SH		SOLE		57,874	0	0
AT&T INC	Equities	00206R102	76,803	3,373	SH		DFND		3,373	0	0
AT&T INC	Equities	00206R102	185,348	8,140	SH		SOLE		8,140	0	0
AUTOMATIC DATA PROCESSING INC	Equities	053015103	429,728	1,468	SH		DFND		1,468	0	0
AUTOMATIC DATA PROCESSING INC	Equities	053015103	2,554,655	8,727	SH		SOLE		8,518	0	209
BANK OF AMERICA CORP	Equities	060505104	20,173	459	SH		DFND		459	0	0
BANK OF AMERICA CORP	Equities	060505104	230,430	5,243	SH		SOLE		5,243	0	0
BECTON DICKINSON & CO	Equities	075887109	124,779	550	SH		DFND		550	0	0
BECTON DICKINSON & CO	Equities	075887109	548,799	2,419	SH		SOLE		2,419	0	0
BERKSHIRE HATHAWAY INC B	Equities	084670702	2,224,698	4,908	SH		SOLE		4,908	0	0
BLACKROCK FDG INC	Equities	09290D101	315,734	308	SH		SOLE		308	0	0
BOEING CO	Equities	097023105	562,329	3,177	SH		SOLE		3,177	0	0
BRISTOL-MYERS SQUIBB CO	Equities	110122108	31,391	555	SH		DFND		555	0	0
BRISTOL-MYERS SQUIBB CO	Equities	110122108	691,389	12,224	SH		SOLE		12,224	0	0
BROADCOM INC	Equities	11135F101	75,812	327	SH		DFND		327	0	0
BROADCOM INC	Equities	11135F101	1,681,999	7,255	SH		SOLE		6,595	0	660
CAMDEN PROPERTY TRUST (REIT)	Equities	133131102	34,812	300	SH		DFND		300	0	0
CAMDEN PROPERTY TRUST (REIT)	Equities	133131102	282,093	2,431	SH		SOLE		2,431	0	0
CANADIAN PACIFIC KANSAS CITY LT	Equities	13646K108	326,823	4,516	SH		SOLE		4,516	0	0
CAPITAL GROUP CORE PLUS INCOME	Fixed Income	14020Y102	318,548	14,349	SH		SOLE		14,349	0	0
CARRIER GLOBAL CORP	Equities	14448C104	29,420	431	SH		DFND		431	0	0
CARRIER GLOBAL CORP	Equities	14448C104	229,900	3,368	SH		SOLE		3,368	0	0
CATERPILLAR INC	Equities	149123101	34,462	95	SH		DFND		95	0	0
CATERPILLAR INC	Equities	149123101	423,341	1,167	SH		SOLE		1,167	0	0
CHENIERE ENERGY PARTNERS LP UNI	Equities	16411Q101	212,480	4,000	SH		SOLE		4,000	0	0
CHEVRON CORP	Equities	166764100	54,170	374	SH		DFND		374	0	0
CHEVRON CORP	Equities	166764100	3,715,870	25,655	SH		SOLE		25,655	0	0
CHUBB LIMITED	Equities	H1467J104	93,389	338	SH		DFND		338	0	0
CHUBB LIMITED	Equities	H1467J104	2,166,192	7,840	SH		SOLE		7,589	0	251
CINCINNATI FINANCIAL CORP	Equities	172062101	216,125	1,504	SH		SOLE		1,504	0	0
CISCO SYSTEMS INC	Equities	17275R102	189,440	3,200	SH		DFND		3,200	0	0
CISCO SYSTEMS INC	Equities	17275R102	701,638	11,852	SH		SOLE		11,852	0	0
COCA COLA CO	Equities	191216100	32,998	530	SH		DFND		530	0	0
COCA COLA CO	Equities	191216100	1,439,202	23,116	SH		SOLE		22,931	0	185
COLGATE-PALMOLIVE CO	Equities	194162103	20,909	230	SH		DFND		230	0	0
COLGATE-PALMOLIVE CO	Equities	194162103	233,730	2,571	SH		SOLE		2,571	0	0
COMCAST CORP CLASS A	Equities	20030N101	14,974	399	SH		DFND		399	0	0
COMCAST CORP CLASS A	Equities	20030N101	279,674	7,452	SH		SOLE		7,452	0	0
COSTCO WHOLESALE CORP	Equities	22160K105	272,132	297	SH		DFND		297	0	0
COSTCO WHOLESALE CORP	Equities	22160K105	4,907,542	5,356	SH		SOLE		5,317	0	39
CSX CORP	Equities	126408103	720,912	22,340	SH		SOLE		22,340	0	0
CUMMINS INC	Equities	231021106	66,234	190	SH		DFND		190	0	0
CUMMINS INC	Equities	231021106	959,696	2,753	SH		SOLE		2,520	0	233
CVS HEALTH CORPORATION	Equities	126650100	228,939	5,100	SH		SOLE		5,100	0	0
DEERE & COMPANY	Equities	244199105	886,380	2,092	SH		SOLE		2,092	0	0
DELEK LOGISTICS PARTNERS LP	Equities	24664T103	257,786	6,100	SH		SOLE		6,100	0	0
DISNEY WALT CO	Equities	254687106	1,757,548	15,784	SH		SOLE		15,784	0	0
ECOLAB INC	Equities	278865100	56,705	242	SH		DFND		242	0	0
ECOLAB INC	Equities	278865100	657,268	2,805	SH		SOLE		2,640	0	165
ELI LILLY & CO	Equities	532457108	413,020	535	SH		SOLE		535	0	0
EXPEDITORS INTERNATIONAL	Equities	302130109	396,003	3,575	SH		SOLE		3,575	0	0
EXXON MOBIL CORP	Equities	30231G102	236,009	2,194	SH		DFND		2,194	0	0
EXXON MOBIL CORP	Equities	30231G102	3,608,974	33,550	SH		SOLE		33,550	0	0
FEDEX CORP	Equities	31428X106	35,166	125	SH		DFND		125	0	0
FEDEX CORP	Equities	31428X106	399,489	1,420	SH		SOLE		1,420	0	0
FIRST TR LOW DUR OPPORTUNITES E	Fixed Income	33739Q200	416,664	8,561	SH		SOLE		8,561	0	0
GE VERNOVA LLC	Equities	36828A101	7,894	24	SH		DFND		24	0	0
GE VERNOVA LLC	Equities	36828A101	230,580	701	SH		SOLE		701	0	0
GENERAL ELECTRIC CO	Equities	369604301	5,671	34	SH		DFND		34	0	0
GENERAL ELECTRIC CO	Equities	369604301	470,515	2,821	SH		SOLE		2,821	0	0
GENERAL MILLS INC	Equities	370334104	108,409	1,700	SH		DFND		1,700	0	0
GENERAL MILLS INC	Equities	370334104	145,268	2,278	SH		SOLE		2,278	0	0
HARLEY DAVIDSON INC	Equities	412822108	382,651	12,700	SH		SOLE		12,700	0	0
HEALTH CARE SELECT SECTOR SPDRR	Equities	81369Y209	241,573	1,756	SH		SOLE		1,756	0	0
HOME DEPOT INC	Equities	437076102	289,798	745	SH		SOLE		745	0	0
HONEYWELL INTERNATIONAL INC	Equities	438516106	1,027,574	4,549	SH		SOLE		4,549	0	0
INTEL CORP	Equities	458140100	6,015	300	SH		DFND		300	0	0
INTEL CORP	Equities	458140100	270,735	13,503	SH		SOLE		13,503	0	0
INTERNATIONAL BUSINESS MACHINES	Equities	459200101	142,010	646	SH		DFND		646	0	0
INTERNATIONAL BUSINESS MACHINES	Equities	459200101	513,743	2,337	SH		SOLE		2,337	0	0
INVESCO FTSE RAFI US 1000 ETF	Equities	46137V613	292,460	7,250	SH		SOLE		6,766	0	484
INVESCO SENIOR LOAN ETF	Fixed Income	46138G508	207,234	9,836	SH		SOLE		9,836	0	0
ISHARES 3-7 YEAR TREASURY BOND	Fixed Income	464288661	283,958	2,457	SH		SOLE		2,457	0	0
ISHARES BROAD USD HIGH YIELD CO	Fixed Income	46435U853	330,190	8,975	SH		SOLE		8,975	0	0
ISHARES BROAD USD INVT GRADE CO	Fixed Income	464288620	712,681	14,174	SH		SOLE		14,174	0	0
ISHARES CORE MSCI EAFE ETF	Equities	46432F842	888,501	12,644	SH		SOLE		12,621	0	23
ISHARES CORE MSCI EMERGING MKTS	Equities	46434G103	621,494	11,901	SH		SOLE		11,723	0	178
ISHARES CORE MSCI TOT INTL STOC	Equities	46432F834	104,651	1,582	SH		DFND		1,582	0	0
ISHARES CORE MSCI TOT INTL STOC	Equities	46432F834	2,417,906	36,555	SH		SOLE		35,962	0	593
ISHARES CORE S&P 500 (MKT) ETF	Equities	464287200	4,145,329	7,042	SH		SOLE		6,975	0	67
ISHARES CORE S&P MID CAP ETF	Equities	464287507	701,870	11,264	SH		SOLE		11,264	0	0
ISHARES CORE US AGGREGATE BOND	Fixed Income	464287226	2,240,437	23,120	SH		SOLE		22,038	0	1,082
ISHARES MSCI EAFE (MKT)	Equities	464287465	82,793	1,095	SH		DFND		1,095	0	0
ISHARES MSCI EAFE (MKT)	Equities	464287465	1,462,146	19,338	SH		SOLE		19,208	0	130
ISHARES MSCI EMG MKT ETF	Equities	464287234	569,348	13,613	SH		SOLE		13,613	0	0
ISHARES MSCI USA QUALITY FACTOR	Equities	46432F339	461,494	2,593	SH		SOLE		2,461	0	132
ISHARES NATIONAL AMT-FREE MUNI	Fixed Income	464288414	532,750	5,000	SH		SOLE		5,000	0	0
ISHARES RUSSELL 1000 GROWTH	Equities	464287614	76,885	191	SH		DFND		191	0	0
ISHARES RUSSELL 1000 GROWTH	Equities	464287614	319,352	795	SH		SOLE		795	0	0
ISHARES RUSSELL 2000 (MKT)	Equities	464287655	2,967,714	13,431	SH		SOLE		13,384	0	47
ISHARES RUSSELL 2000 GROWTH	Equities	464287648	99,892	347	SH		DFND		347	0	0
ISHARES RUSSELL 2000 GROWTH	Equities	464287648	771,310	2,680	SH		SOLE		2,658	0	22
ISHARES RUSSELL 2000 VALUE	Equities	464287630	85,391	520	SH		DFND		520	0	0
ISHARES RUSSELL 2000 VALUE	Equities	464287630	369,457	2,251	SH		SOLE		2,193	0	58
ISHARES RUSSELL MID-CAP (MKT)	Equities	464287499	161,949	1,832	SH		DFND		1,832	0	0
ISHARES RUSSELL MID-CAP (MKT)	Equities	464287499	3,636,728	41,139	SH		SOLE		40,978	0	161
ISHARES RUSSELL MID-CAP VALUE	Equities	464287473	367,196	2,839	SH		SOLE		2,769	0	70
ISHARES S&P 500 GROWTH ETF	Equities	464287309	262,861	2,589	SH		SOLE		2,456	0	133
ISHARES S&P MID-CAP 400 VALUE	Equities	464287705	25,902	207	SH		DFND		207	0	0
ISHARES S&P MID-CAP 400 VALUE	Equities	464287705	604,330	4,835	SH		SOLE		4,705	0	130
ISHARES S&P MIDCAP 400 GROWTH E	Equities	464287606	25,504	280	SH		DFND		280	0	0
ISHARES S&P MIDCAP 400 GROWTH E	Equities	464287606	477,588	5,252	SH		SOLE		5,147	0	105
ISHARES SELECT DIVIDEND (MKT)	Equities	464287168	32,823	250	SH		DFND		250	0	0
ISHARES SELECT DIVIDEND (MKT)	Equities	464287168	199,430	1,519	SH		SOLE		1,519	0	0
ISHARES TIPS BOND (MKT)	Fixed Income	464287176	229,083	2,150	SH		SOLE		2,150	0	0
JOHNSON AND JOHNSON	Equities	478160104	196,972	1,362	SH		DFND		1,362	0	0
JOHNSON AND JOHNSON	Equities	478160104	3,292,274	22,765	SH		SOLE		22,465	0	300
JPMORGAN CHASE & CO COM	Equities	46625H100	276,386	1,153	SH		DFND		1,153	0	0
JPMORGAN CHASE & CO COM	Equities	46625H100	2,949,632	12,305	SH		SOLE		12,305	0	0
KELLANOVA	Equities	487836108	287,686	3,553	SH		SOLE		3,553	0	0
KIMBERLY-CLARK CORP	Equities	494368103	68,796	525	SH		DFND		525	0	0
KIMBERLY-CLARK CORP	Equities	494368103	161,310	1,231	SH		SOLE		1,231	0	0
KNOT OFFSHORE PARTNERS LP	Equities	Y48125101	75,210	13,800	SH		SOLE		13,800	0	0
LINDE PLC	Equities	G54950103	230,269	550	SH		DFND		550	0	0
LINDE PLC	Equities	G54950103	626,749	1,497	SH		SOLE		1,497	0	0
LOWES COMPANIES INC	Equities	548661107	61,206	248	SH		DFND		248	0	0
LOWES COMPANIES INC	Equities	548661107	996,085	4,036	SH		SOLE		3,952	0	84
MASTERCARD INC CLASS A	Equities	57636Q104	551,319	1,047	SH		SOLE		1,047	0	0
MCCORMICK & CO INC	Equities	579780206	228,720	3,000	SH		SOLE		3,000	0	0
MCDONALDS CORP	Equities	580135101	205,822	710	SH		DFND		710	0	0
MCDONALDS CORP	Equities	580135101	1,055,200	3,640	SH		SOLE		3,640	0	0
MCKESSON CORP	Equities	58155Q103	612,083	1,074	SH		SOLE		1,074	0	0
MERCK & CO INC	Equities	58933Y105	9,948	100	SH		DFND		100	0	0
MERCK & CO INC	Equities	58933Y105	755,053	7,590	SH		SOLE		7,590	0	0
META PLATFORMS INC	Equities	30303M102	433,277	740	SH		SOLE		740	0	0
MICROSOFT CORP	Equities	594918104	1,353,015	3,210	SH		DFND		3,210	0	0
MICROSOFT CORP	Equities	594918104	15,219,522	36,108	SH		SOLE		35,948	0	160
MONDELEZ INTL INC CL A	Equities	609207105	225,899	3,782	SH		SOLE		3,782	0	0
NEXTERA ENERGY INC	Equities	65339F101	160,514	2,239	SH		DFND		2,239	0	0
NEXTERA ENERGY INC	Equities	65339F101	1,425,412	19,883	SH		SOLE		19,645	0	238
NIKE INC CL B	Equities	654106103	1,417,829	18,737	SH		SOLE		18,737	0	0
NORFOLK SOUTHERN CORP	Equities	655844108	234,700	1,000	SH		SOLE		1,000	0	0
NOVARTIS AG ADR	Equities	66987V109	115,507	1,187	SH		DFND		1,187	0	0
NOVARTIS AG ADR	Equities	66987V109	945,951	9,721	SH		SOLE		9,157	0	564
NUVEEN CALIFORNIA QUALITY MUNI	Fixed Income	67066Y105	1,672,026	148,098	SH		SOLE		148,098	0	0
ORACLE CORP	Equities	68389X105	133,312	800	SH		DFND		800	0	0
ORACLE CORP	Equities	68389X105	864,195	5,186	SH		SOLE		5,186	0	0
PEPSICO INC	Equities	713448108	189,467	1,246	SH		DFND		1,246	0	0
PEPSICO INC	Equities	713448108	1,207,508	7,941	SH		SOLE		7,941	0	0
PFIZER INC	Equities	717081103	102,406	3,860	SH		DFND		3,860	0	0
PFIZER INC	Equities	717081103	949,668	35,796	SH		SOLE		35,796	0	0
PHILIP MORRIS INTL INC	Equities	718172109	11,554	96	SH		DFND		96	0	0
PHILIP MORRIS INTL INC	Equities	718172109	399,442	3,319	SH		SOLE		3,319	0	0
PHILLIPS 66	Equities	718546104	52,408	460	SH		DFND		460	0	0
PHILLIPS 66	Equities	718546104	293,484	2,576	SH		SOLE		2,576	0	0
PIMCO CALIFORNIA MUNI INCOME FU	Fixed Income	72200N106	338,458	37,440	SH		SOLE		37,440	0	0
PROCTER & GAMBLE CO	Equities	742718109	151,723	905	SH		DFND		905	0	0
PROCTER & GAMBLE CO	Equities	742718109	3,238,327	19,316	SH		SOLE		19,229	0	87
QUALCOMM INC	Equities	747525103	875,327	5,698	SH		SOLE		5,698	0	0
RAYTHEON TECHS CORP	Equities	75513E101	140,253	1,212	SH		DFND		1,212	0	0
RAYTHEON TECHS CORP	Equities	75513E101	1,823,516	15,758	SH		SOLE		15,538	0	220
S&P GLOBAL INC	Equities	78409V104	136,958	275	SH		DFND		275	0	0
S&P GLOBAL INC	Equities	78409V104	969,166	1,946	SH		SOLE		1,901	0	45
SARATOGA INVESTMENT CORP NEW	Equities	80349A208	263,120	11,000	SH		SOLE		11,000	0	0
SCHWAB U S DIVIDEND EQUITY ETF	Equities	808524797	353,850	12,952	SH		DFND		12,952	0	0
SCHWAB U S DIVIDEND EQUITY ETF	Equities	808524797	1,559,315	57,076	SH		SOLE		53,764	0	3,312
SCHWAB U S LARGE CAP ETF	Equities	808524201	1,984,393	85,608	SH		SOLE		85,608	0	0
SCHWAB US SMALL CAP ETF	Equities	808524607	661,706	25,588	SH		SOLE		25,588	0	0
SEMPRA ENERGY	Equities	816851109	337,722	3,850	SH		SOLE		3,850	0	0
SPDR PORT INTERMEDIATE TERM COR	Fixed Income	78464A375	704,259	21,499	SH		SOLE		20,487	0	1,012
SPDR S&P 500 (MKT)	Equities	78462F103	234,432	400	SH		DFND		400	0	0
SPDR S&P 500 (MKT)	Equities	78462F103	2,138,606	3,649	SH		SOLE		3,549	0	100
SPDR S&P MIDCAP 400 (MKT)	Equities	78467Y107	2,560,262	4,495	SH		SOLE		4,495	0	0
SPDR SERIES TRUST SPDR DOW JONE	Equities	78464A607	133,263	1,348	SH		DFND		1,348	0	0
SPDR SERIES TRUST SPDR DOW JONE	Equities	78464A607	1,052,958	10,651	SH		SOLE		10,651	0	0
SPDR SERIES TRUST SPDR S&P	Equities	78464A763	39,630	300	SH		DFND		300	0	0
SPDR SERIES TRUST SPDR S&P	Equities	78464A763	171,334	1,297	SH		SOLE		731	0	566
STARBUCKS CORP	Equities	855244109	362,171	3,969	SH		SOLE		3,969	0	0
STATE STREET CORPORATION	Equities	857477103	62,031	632	SH		DFND		632	0	0
STATE STREET CORPORATION	Equities	857477103	193,748	1,974	SH		SOLE		1,974	0	0
SUN LIFE FINANCIAL INC	Equities	866796105	378,767	6,383	SH		SOLE		6,383	0	0
SUNOCO LTD PARTNERSHIP	Equities	86765K109	462,960	9,000	SH		SOLE		9,000	0	0
TARGET CORP	Equities	87612E106	27,036	200	SH		DFND		200	0	0
TARGET CORP	Equities	87612E106	526,391	3,894	SH		SOLE		3,894	0	0
TESLA INC	Equities	88160R101	920,755	2,280	SH		SOLE		2,280	0	0
THERMO FISHER SCIENTIFIC INC	Equities	883556102	542,080	1,042	SH		SOLE		1,042	0	0
UNITED PARCEL SERVICE CL B	Equities	911312106	18,789	149	SH		DFND		149	0	0
UNITED PARCEL SERVICE CL B	Equities	911312106	271,872	2,156	SH		SOLE		2,156	0	0
UNITEDHEALTH GROUP INC	Equities	91324P102	203,862	403	SH		SOLE		403	0	0
US BANCORP	Equities	902973304	840,564	17,574	SH		SOLE		17,574	0	0
VANGUARD DIVIDEND APPREC IDX ET	Equities	921908844	405,760	2,072	SH		SOLE		1,698	0	374
VANGUARD FTSE DEVELOPED MARKETS	Equities	921943858	1,344,544	28,116	SH		SOLE		26,795	0	1,321
VANGUARD FTSE EMERGING MKTS ETF	Equities	922042858	34,836	791	SH		DFND		791	0	0
VANGUARD FTSE EMERGING MKTS ETF	Equities	922042858	963,513	21,878	SH		SOLE		21,588	0	290
VANGUARD GROWTH ETF (MKT)	Equities	922908736	3,791,866	9,236	SH		SOLE		8,662	0	574
VANGUARD HIGH DIVIDEND YIELD ET	Equities	921946406	561,247	4,399	SH		DFND		4,399	0	0
VANGUARD HIGH DIVIDEND YIELD ET	Equities	921946406	2,457,386	19,261	SH		SOLE		18,701	0	560
VANGUARD LARGE CAP ETF	Equities	922908637	1,687,243	6,256	SH		SOLE		6,256	0	0
VANGUARD MEGA CAP GROWTH ETF	Equities	921910816	291,899	850	SH		SOLE		850	0	0
VANGUARD MEGA CAP INDEX ETF	Equities	921910873	232,012	1,091	SH		SOLE		1,091	0	0
VANGUARD MID CAP ETF	Equities	922908629	680,465	2,576	SH		SOLE		2,576	0	0
VANGUARD REIT ETF (MKT)	Equities	922908553	379,124	4,256	SH		SOLE		4,256	0	0
VANGUARD RUSSELL 1000 GROWTH IN	Equities	92206C680	1,336,905	12,941	SH		SOLE		12,941	0	0
VANGUARD RUSSELL 1000 VALUE IND	Equities	92206C714	1,160,432	14,282	SH		SOLE		14,282	0	0
VANGUARD RUSSELL 2000 INDEX FD	Equities	92206C664	433,895	4,857	SH		SOLE		4,857	0	0
VANGUARD S&P 500 INDEX ETF	Equities	922908363	490,653	911	SH		SOLE		911	0	0
VANGUARD SHORT-TERM BOND ETF	Fixed Income	921937827	582,468	7,538	SH		SOLE		7,322	0	216
VANGUARD TOTAL STOCK MARKET ETF	Equities	922908769	1,619,458	5,588	SH		SOLE		5,588	0	0
VANGUARD VALUE ETF	Equities	922908744	103,878	613	SH		DFND		613	0	0
VANGUARD VALUE ETF	Equities	922908744	3,714,808	21,939	SH		SOLE		20,937	0	1,002
VERIZON COMMUNICATIONS INC	Equities	92343V104	61,225	1,531	SH		DFND		1,531	0	0
VERIZON COMMUNICATIONS INC	Equities	92343V104	486,758	12,172	SH		SOLE		12,172	0	0
VISA INC CL A	Equities	92826C839	1,303,033	4,123	SH		SOLE		4,123	0	0
WALMART INC	Equities	931142103	125,225	1,386	SH		DFND		1,386	0	0
WALMART INC	Equities	931142103	320,833	3,551	SH		SOLE		3,551	0	0
WELLS FARGO & COMPANY	Equities	949746101	259,888	3,700	SH		DFND		3,700	0	0
WELLS FARGO & COMPANY	Equities	949746101	1,450,877	20,656	SH		SOLE		20,656	0	0
WEYERHAEUSER CO	Equities	962166104	58,496	2,078	SH		DFND		2,078	0	0
WEYERHAEUSER CO	Equities	962166104	159,470	5,665	SH		SOLE		5,665	0	0
ZOETIS INC	Equities	98978V103	30,957	190	SH		DFND		190	0	0
ZOETIS INC	Equities	98978V103	336,939	2,068	SH		SOLE		2,068	0	0