Spinnaker 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
AFLAC Inc	Com	001055102	442	6,910	SH		SOLE	0	6,910	0	0
Alerian MLP ETF	Com	00162Q866	4,015	242,302	SH		SOLE	0	241,219	0	1,083
Alerian MLP ETF	Com	00162Q866	31	1,891	SH		DFND	0	1,891	0	0
AT&T Inc	Com	00206R102	2,684	82,190	SH		SOLE	0	82,190	0	0
Abbott Laboratories	Com	002824100	1,224	26,426	SH		SOLE	0	26,426	0	0
Air Prods & Chems Inc	Com	009158106	492	3,250	SH		SOLE	0	3,250	0	0
Altria Group Inc	Com	02209S103	1,137	22,725	SH		SOLE	0	22,725	0	0
American Express Co	Com	025816109	266	3,399	SH		SOLE	0	3,399	0	0
Amgen Inc	Com	031162100	1,005	6,286	SH		SOLE	0	6,286	0	0
Anadarko Pete Corp	Com	032511107	498	6,018	SH		SOLE	0	6,018	0	0
Anthem, Inc.	Com	036752103	2,631	17,037	SH		SOLE	0	17,037	0	0
Anthem, Inc.	Com	036752103	21	137	SH		DFND	0	137	0	0
Apple Computer Inc	Com	037833100	1,732	13,923	SH		SOLE	0	13,923	0	0
Apple Computer Inc	Com	037833100	20	161	SH		DFND	0	161	0	0
Ashland Inc	Com	044209104	255	2,000	SH		SOLE	0	2,000	0	0
AstraZeneca PLC	Com	046353108	766	11,194	SH		SOLE	0	11,194	0	0
Automatic Data Processing Inc	Com	053015103	1,155	13,491	SH		SOLE	0	13,491	0	0
AvalonBay Communities Inc	Com	053484101	540	3,100	SH		SOLE	0	3,100	0	0
Bard C R Inc	Com	067383109	299	1,787	SH		SOLE	0	1,787	0	0
Baxter Intl Inc	Com	071813109	930	13,582	SH		SOLE	0	13,582	0	0
Becton Dickinson and Company	Com	075887109	770	5,361	SH		SOLE	0	5,361	0	0
Berkshire Hathaway Inc	Com	084670108	653	3	SH		SOLE	0	3	0	0
Berkshire Hathaway Inc - CL B	Com	084670702	1,408	9,757	SH		SOLE	0	9,757	0	0
Bristol Myers Squibb Co	Com	110122108	539	8,360	SH		SOLE	0	8,360	0	0
CVS/Caremark Corp	Com	126650100	2,768	26,817	SH		SOLE	0	26,817	0	0
CVS/Caremark Corp	Com	126650100	20	194	SH		DFND	0	194	0	0
Capital One Financial Corp	Com	14040H105	2,354	29,870	SH		SOLE	0	29,870	0	0
Capital One Financial Corp	Com	14040H105	21	264	SH		DFND	0	264	0	0
Caterpillar Inc Del	Com	149123101	985	12,309	SH		SOLE	0	12,309	0	0
Celgene Corp	Com	151020104	1,372	11,898	SH		SOLE	0	11,898	0	0
Celgene Corp	Com	151020104	15	134	SH		DFND	0	134	0	0
Cerner Corp	Com	156782104	234	3,200	SH		SOLE	0	3,200	0	0
Chevron Corporation	Com	166764100	2,484	23,666	SH		SOLE	0	23,666	0	0
Church & Dwight Inc	Com	171340102	2,242	26,250	SH		SOLE	0	26,250	0	0
Cisco Systems Inc	Com	17275R102	3,905	141,876	SH		SOLE	0	141,876	0	0
Cisco Systems Inc	Com	17275R102	21	767	SH		DFND	0	767	0	0
Guggenheim Bulletshares 2018	Com	18383M530	289	13,575	SH		SOLE	0	13,575	0	0
Guggenheim Bulletshares 2017	Com	18383M548	349	15,265	SH		SOLE	0	15,265	0	0
Coca Cola Co	Com	191216100	687	16,944	SH		SOLE	0	16,944	0	0
ConocoPhillips	Com	20825C104	989	15,880	SH		SOLE	0	15,880	0	0
Consolidated Edison Inc	Com	209115104	437	7,162	SH		SOLE	0	7,162	0	0
Cummins Inc	Com	231021106	342	2,470	SH		SOLE	0	2,470	0	0
The Walt Disney Company	Com	254687106	338	3,225	SH		SOLE	0	3,225	0	0
Dominion Resources Inc Va	Com	25746U109	280	3,944	SH		SOLE	0	3,944	0	0
Dow Chem Co	Com	260543103	582	12,121	SH		SOLE	0	12,121	0	0
Du Pont (E I) de Nemours and Company	Com	263534109	4,444	62,179	SH		SOLE	0	62,179	0	0
Du Pont (E I) de Nemours and Company	Com	263534109	19	270	SH		DFND	0	270	0	0
EOG Res Inc	Com	26875P101	737	8,040	SH		SOLE	0	8,040	0	0
Emerson Elec Co	Com	291011104	933	16,483	SH		SOLE	0	16,483	0	0
Equifax Inc	Com	294429105	502	5,400	SH		SOLE	0	5,400	0	0
Equity Residential	Com	29476L107	911	11,700	SH		SOLE	0	11,700	0	0
Exxon Mobil Corp	Com	30231G102	7,389	86,925	SH		SOLE	0	86,925	0	0
Exxon Mobil Corp	Com	30231G102	136	1,600	SH		DFND	0	1,600	0	0
Fedex Corp	Com	31428X106	2,164	13,082	SH		SOLE	0	13,082	0	0
Fedex Corp	Com	31428X106	23	139	SH		DFND	0	139	0	0
Fidelity MSCI Consumer Discret ETF	Com	316092204	15,730	515,164	SH		SOLE	0	513,195	0	1,969
Fidelity MSCI Consumer Discret ETF	Com	316092204	46	1,500	SH		DFND	0	1,500	0	0
Fidelity MSCI Information Technology Index	Com	316092808	614	19,128	SH		SOLE	0	19,128	0	0
Fidelity Total Bond ETF	Com	316188309	1,638	32,279	SH		SOLE	0	32,213	0	66
First Trust Nasdaq Clean Edge Green Energy	Com	33733E500	640	34,481	SH		SOLE	0	31,854	0	2,627
First Trust Nasdaq ABA CBIF	Com	33736Q104	3,744	102,304	SH		SOLE	0	101,850	0	454
First Trust Nasdaq ABA CBIF	Com	33736Q104	7	200	SH		DFND	0	200	0	0
Fiserv Inc	Com	337738108	230	2,900	SH		SOLE	0	2,900	0	0
Franklin STR PPTYS Corp Com	Com	35471R106	183	14,300	SH		SOLE	0	14,300	0	0
Gannett Inc	Com	364730101	249	6,725	SH		SOLE	0	6,725	0	0
General Dynamics Corp	Com	369550108	461	3,397	SH		SOLE	0	3,397	0	0
General Elec Co	Com	369604103	4,557	183,664	SH		SOLE	0	183,664	0	0
General Mills Inc	Com	370334104	822	14,520	SH		SOLE	0	14,520	0	0
Gilead Sciences Inc	Com	375558103	1,405	14,319	SH		SOLE	0	14,319	0	0
Gilead Sciences Inc	Com	375558103	12	127	SH		DFND	0	127	0	0
Goldman Sachs Group Inc	Com	38141G104	253	1,347	SH		SOLE	0	1,347	0	0
Goldman Sachs Bric Fund Inst	Com	38143H530	282	20,881	SH		SOLE	0	20,881	0	0
Google Inc CL A	Com	38259P508	369	665	SH		SOLE	0	665	0	0
Google Inc Cl C	Com	38259P706	2,884	5,262	SH		SOLE	0	5,262	0	0
Google Inc Cl C	Com	38259P706	22	40	SH		DFND	0	40	0	0
Government Properties Income	Com	38376A103	367	16,050	SH		SOLE	0	16,050	0	0
HCA Holdings Inc.	Com	40412C101	2,314	30,754	SH		SOLE	0	30,754	0	0
HCA Holdings Inc.	Com	40412C101	24	315	SH		DFND	0	315	0	0
Harding Loevner Institutional Emerging Mrkts	Com	412295701	1,199	68,036	SH		SOLE	0	68,036	0	0
Harris Corp	Com	413875105	395	5,020	SH		SOLE	0	5,020	0	0
Hawaiian Electric Industries	Com	419870100	257	8,000	SH		SOLE	0	8,000	0	0
Health Care REIT Inc	Com	42217K106	642	8,300	SH		SOLE	0	8,300	0	0
Home Depot Inc	Com	437076102	1,035	9,111	SH		SOLE	0	9,111	0	0
Honeywell International Inc	Com	438516106	445	4,270	SH		SOLE	0	4,270	0	0
Illinois Tool Works Inc	Com	452308109	2,531	26,060	SH		SOLE	0	26,060	0	0
Illinois Tool Works Inc	Com	452308109	24	250	SH		DFND	0	250	0	0
IQ Hedge Multi-Strategy Tracker ETF	Com	45409B107	28,561	953,943	SH		SOLE	0	949,049	0	4,894
IQ Hedge Multi-Strategy Tracker ETF	Com	45409B107	103	3,455	SH		DFND	0	3,455	0	0
IQ US Real Estate Small Cap ETF	Com	45409B628	1,296	46,649	SH		SOLE	0	46,649	0	0
Intel Corp	Com	458140100	2,954	94,454	SH		SOLE	0	94,454	0	0
International Business Machines Corp	Com	459200101	2,862	17,833	SH		SOLE	0	17,833	0	0
iShares Gold Trust	Com	464285105	515	45,000	SH		DFND	0	45,000	0	0
iShares MSCI Japan Index	Com	464286848	10,180	812,450	SH		SOLE	0	809,062	0	3,388
iShares MSCI Japan Index	Com	464286848	36	2,879	SH		DFND	0	2,879	0	0
iShares Barclays 1-3 Year Treasury Bond Fund	Com	464287457	409	4,817	SH		SOLE	0	4,817	0	0
iShares Tr MSCI EAFE Index Fund	Com	464287465	375	5,846	SH		SOLE	0	5,846	0	0
iShares Dow Jones US Consumer Services	Com	464287580	8,852	61,384	SH		SOLE	0	61,017	0	367
iShares Dow Jones US Consumer Services	Com	464287580	14	100	SH		DFND	0	100	0	0
iShares Russell 1000 Value Index Fund	Com	464287598	288	2,797	SH		SOLE	0	2,797	0	0
iShares Tr Russell 2000 Index Fund	Com	464287655	612	4,921	SH		SOLE	0	4,921	0	0
iShares S&P SmallCap 600 Index	Com	464287804	1,896	16,060	SH		SOLE	0	16,060	0	0
iShares Short Term National AMT Free Muni Bd	Com	464288158	671	6,343	SH		SOLE	0	6,343	0	0
iShares MSCI All Country Asia ex Japan Index	Com	464288182	18,455	288,363	SH		SOLE	0	287,754	0	609
iShares MSCI All Country Asia ex Japan Index	Com	464288182	50	782	SH		DFND	0	782	0	0
iShares Global Clean Energy	Com	464288224	702	59,211	SH		SOLE	0	55,293	0	3,918
iShares JPMorgan EM Bond Fd	Com	464288281	293	2,609	SH		SOLE	0	2,609	0	0
MFC ISHARES NATIONAL AMTFREE MUNI	Com	464288414	1,545	13,973	SH		SOLE	0	13,973	0	0
iShares Barclays 1-3 Year Credit Bond	Com	464288646	254	2,409	SH		SOLE	0	2,409	0	0
iShares S&P Pref Stk Index Fd	Com	464288687	1,306	32,562	SH		SOLE	0	32,562	0	0
iShares Dow Jones US Medical Devices Index Fd	Com	464288810	318	2,641	SH		SOLE	0	2,641	0	0
iShares Dow Jones US Pharmaceuticals	Com	464288836	9,151	53,072	SH		SOLE	0	52,811	0	261
iShares Dow Jones US Pharmaceuticals	Com	464288836	26	150	SH		DFND	0	150	0	0
iShares US Oil and Gas Exploration	Com	464288851	1,932	26,339	SH		SOLE	0	26,339	0	0
iShares US Oil and Gas Exploration	Com	464288851	11	150	SH		DFND	0	150	0	0
iShares MSCI Europe Financial Sector	Com	464289180	7,977	347,276	SH		SOLE	0	345,651	0	1,625
iShares MSCI Europe Financial Sector	Com	464289180	16	699	SH		DFND	0	699	0	0
iShares MSCI ACWI Low Carbon	Com	46434V464	216	2,217	SH		SOLE	0	2,029	0	188
iShares Currency Hedged MSCI Germany	Com	46434V704	14,044	492,080	SH		SOLE	0	490,120	0	1,960
iShares Currency Hedged MSCI Germany	Com	46434V704	60	2,092	SH		DFND	0	2,092	0	0
JPMorgan Chase & Co	Com	46625H100	964	15,915	SH		SOLE	0	15,915	0	0
Johnson & Johnson	Com	478160104	7,769	77,227	SH		SOLE	0	77,227	0	0
Johnson & Johnson	Com	478160104	24	236	SH		DFND	0	236	0	0
Johnson Controls Inc.	Com	478366107	413	8,197	SH		SOLE	0	8,197	0	0
Kellogg Co	Com	487836108	403	6,112	SH		SOLE	0	6,112	0	0
KeyCorp	Com	493267108	649	45,864	SH		SOLE	0	45,864	0	0
Kimberly Clark Corp	Com	494368103	891	8,322	SH		SOLE	0	8,322	0	0
Kimco Realty Corporation	Com	49446R109	1,726	64,278	SH		SOLE	0	64,278	0	0
Kimco Realty Corporation	Com	49446R109	10	364	SH		DFND	0	364	0	0
Kinder Morgan Inc	Com	49456B101	1,580	37,570	SH		SOLE	0	37,570	0	0
Kraft Foods Group, Inc.	Com	50076Q106	462	5,304	SH		SOLE	0	5,304	0	0
Lassalle Hotel Properties	Com	517942108	1,700	43,755	SH		SOLE	0	43,755	0	0
Lassalle Hotel Properties	Com	517942108	10	263	SH		DFND	0	263	0	0
Lorillard Inc	Com	544147101	763	11,673	SH		SOLE	0	11,673	0	0
Magna International Inc	Com	559222401	2,198	40,956	SH		SOLE	0	40,956	0	0
Magna International Inc	Com	559222401	18	340	SH		DFND	0	340	0	0
MasterCard Inc CL A	Com	57636Q104	251	2,900	SH		SOLE	0	2,900	0	0
McDonalds Corp	Com	580135101	1,155	11,850	SH		SOLE	0	11,850	0	0
Medallion Financial Corp	Com	583928106	93	10,000	SH		SOLE	0	10,000	0	0
Merck & Co Inc New Com	Com	58933Y105	1,767	30,740	SH		SOLE	0	30,740	0	0
Metlife Inc	Com	59156R108	3,030	59,949	SH		SOLE	0	59,949	0	0
Metlife Inc	Com	59156R108	24	481	SH		DFND	0	481	0	0
Microsoft Corp	Com	594918104	4,567	112,341	SH		SOLE	0	112,341	0	0
Microsoft Corp	Com	594918104	22	553	SH		DFND	0	553	0	0
Mondelez International, Inc.	Com	609207105	280	7,755	SH		SOLE	0	7,755	0	0
Nestle S A Sponsored ADR	Com	641069406	403	5,333	SH		SOLE	0	5,333	0	0
New Market Corporation	Com	651587107	301	629	SH		SOLE	0	629	0	0
Novartis AG ADR	Com	66987V109	482	4,884	SH		SOLE	0	4,884	0	0
Occidental Petroleum Corp Del	Com	674599105	1,272	17,421	SH		SOLE	0	17,421	0	0
Occidental Petroleum Corp Del	Com	674599105	14	187	SH		DFND	0	187	0	0
Oracle Corp	Com	68389X105	394	9,124	SH		SOLE	0	9,124	0	0
Oppenheimer Developing Markets Y	Com	683974505	493	14,253	SH		SOLE	0	14,253	0	0
Pembina Pipeline Corp	Com	706327103	396	12,500	SH		SOLE	0	12,500	0	0
Pepsico Inc	Com	713448108	2,066	21,602	SH		SOLE	0	21,602	0	0
Pfizer Inc	Com	717081103	847	24,343	SH		SOLE	0	24,343	0	0
Pfizer Inc	Com	717081103	546	15,705	SH		DFND	0	15,705	0	0
Philip Morris International Inc	Com	718172109	1,516	20,122	SH		SOLE	0	20,122	0	0
Phillips 66	Com	718546104	373	4,743	SH		SOLE	0	4,743	0	0
PIMCO Total Return ETF	Com	72201R775	416	3,780	SH		SOLE	0	3,780	0	0
Polaris Inds Inc	Com	731068102	690	4,892	SH		SOLE	0	4,892	0	0
PowerShares QQQ Tr Unit Ser 1 ETF	Com	73935A104	448	4,242	SH		SOLE	0	4,242	0	0
PowerShares S&P SmallCap Information Tech	Com	73937B860	8,001	151,770	SH		SOLE	0	150,911	0	859
PowerShares S&P SmallCap Information Tech	Com	73937B860	18	350	SH		DFND	0	350	0	0
PowerShares S&P SmallCap Industrial Portfolio	Com	73937B878	5,249	110,229	SH		SOLE	0	109,833	0	396
PowerShares S&P SmallCap Industrial Portfolio	Com	73937B878	10	210	SH		DFND	0	210	0	0
Procter & Gamble Co	Com	742718109	3,659	44,649	SH		SOLE	0	44,649	0	0
ProShares Credit Suisse 130/30	Com	74347R248	2,796	27,825	SH		SOLE	0	27,825	0	0
Public Storage Inc	Com	74460D109	522	2,650	SH		SOLE	0	2,650	0	0
Rayonier, Inc.	Com	754907103	1,100	40,789	SH		SOLE	0	40,789	0	0
Reynolds American Inc	Com	761713106	2,297	33,338	SH		SOLE	0	33,338	0	0
T. Rowe Price Mid-Cap Growth	Com	779556109	513	6,382	SH		SOLE	0	6,382	0	0
Royal Dutch Shell PLC Spons ADR A	Com	780259206	256	4,297	SH		SOLE	0	4,297	0	0
SPDR Tr Unit Ser 1	Com	78462F103	3,342	16,190	SH		SOLE	0	16,190	0	0
SPDR Tr Unit Ser 1	Com	78462F103	16	79	SH		DFND	0	79	0	0
SPDR Barclays Short Term Corporate Bond ETF	Com	78464A474	39,608	1,288,054	SH		SOLE	0	1,281,804	0	6,250
SPDR Barclays Short Term Corporate Bond ETF	Com	78464A474	341	11,095	SH		DFND	0	11,095	0	0
SPDR Health Care Services	Com	78464A573	8,432	67,767	SH		SOLE	0	67,302	0	465
SPDR Health Care Services	Com	78464A573	7	60	SH		DFND	0	60	0	0
SPDR S&P Health Care Equipment ETF	Com	78464A581	363	3,805	SH		SOLE	0	3,805	0	0
SPDR S&P Capital Markets ETF	Com	78464A771	5,781	114,917	SH		SOLE	0	114,188	0	729
SPDR S&P Capital Markets ETF	Com	78464A771	6	129	SH		DFND	0	129	0	0
Biotech Select Sector SPDR ETF	Com	78464A870	5,129	22,745	SH		SOLE	0	22,637	0	108
Biotech Select Sector SPDR ETF	Com	78464A870	9	41	SH		DFND	0	41	0	0
SPDR S&P Midcap 400 ETF Tr Ser 1	Com	78467Y107	1,152	4,154	SH		SOLE	0	4,154	0	0
SPDR Short-Term High Yield	Com	78468R408	13,582	465,304	SH		SOLE	0	462,579	0	2,725
SPDR Short-Term High Yield	Com	78468R408	152	5,199	SH		DFND	0	5,199	0	0
Schlumberger Ltd	Com	806857108	1,382	16,562	SH		SOLE	0	16,562	0	0
Materials Select Sector SPDR Trust	Com	81369Y100	5,782	118,538	SH		SOLE	0	118,538	0	0
Materials Select Sector SPDR Trust	Com	81369Y100	4	75	SH		DFND	0	75	0	0
Healthcare Select Sector SPDR	Com	81369Y209	4,394	60,607	SH		SOLE	0	60,279	0	328
Healthcare Select Sector SPDR	Com	81369Y209	11	150	SH		DFND	0	150	0	0
Consumer Staples Select Sector SPDR	Com	81369Y308	8,704	178,577	SH		SOLE	0	177,469	0	1,108
Consumer Staples Select Sector SPDR	Com	81369Y308	8	161	SH		DFND	0	161	0	0
Consumer Discretionary Select Sector SPDR	Com	81369Y407	10,531	139,764	SH		SOLE	0	139,079	0	685
Consumer Discretionary Select Sector SPDR	Com	81369Y407	12	159	SH		DFND	0	159	0	0
Energy Select Sector SPDR	Com	81369Y506	6,729	86,739	SH		SOLE	0	86,739	0	0
Energy Select Sector SPDR	Com	81369Y506	22	290	SH		DFND	0	290	0	0
Financial Select Sector SPDR	Com	81369Y605	22,812	946,148	SH		SOLE	0	939,976	0	6,172
Financial Select Sector SPDR	Com	81369Y605	20	845	SH		DFND	0	845	0	0
Industrial Select Sector SPDR	Com	81369Y704	9,670	173,394	SH		SOLE	0	172,112	0	1,282
Industrial Select Sector SPDR	Com	81369Y704	8	138	SH		DFND	0	138	0	0
Technology Select Sector SPDR	Com	81369Y803	33,555	809,726	SH		SOLE	0	805,987	0	3,739
Technology Select Sector SPDR	Com	81369Y803	29	692	SH		DFND	0	692	0	0
Utilities Select Sector SPDR	Com	81369Y886	334	7,508	SH		SOLE	0	7,508	0	0
Sigma Aldrich Corp	Com	826552101	590	4,265	SH		SOLE	0	4,265	0	0
Southern Co	Com	842587107	260	5,880	SH		SOLE	0	5,880	0	0
State Street Corp	Com	857477103	3,061	41,624	SH		SOLE	0	41,624	0	0
State Street Corp	Com	857477103	26	359	SH		DFND	0	359	0	0
Stryker Corp	Com	863667101	206	2,237	SH		SOLE	0	2,237	0	0
Sun Trust Banks Inc	Com	867914103	3,159	76,876	SH		SOLE	0	76,876	0	0
Sun Trust Banks Inc	Com	867914103	24	596	SH		DFND	0	596	0	0
Target Corp	Com	87612E106	2,098	25,565	SH		SOLE	0	25,565	0	0
Target Corp	Com	87612E106	12	147	SH		DFND	0	147	0	0
Texas Instruments Inc	Com	882508104	435	7,614	SH		SOLE	0	7,614	0	0
3M Company	Com	88579Y101	116,485	706,181	SH		SOLE	0	706,181	0	0
Union Pacific Corp	Com	907818108	1,544	14,258	SH		SOLE	0	14,258	0	0
United Technologies Corp	Com	913017109	867	7,397	SH		SOLE	0	7,397	0	0
Unum Group	Com	91529Y106	300	8,900	SH		SOLE	0	8,900	0	0
V F Corp	Com	918204108	209	2,780	SH		SOLE	0	2,780	0	0
Vanguard ST Bond ETF	Com	921937827	1,090	13,543	SH		SOLE	0	13,543	0	0
Vanguard FTSE Developed Markets ETF	Com	921943858	436	10,952	SH		SOLE	0	10,952	0	0
Vanguard FTSE All-World Ex-US Index ETF	Com	922042775	1,684	34,559	SH		SOLE	0	34,559	0	0
Vanguard Emerging Markets ETF	Com	922042858	727	17,787	SH		SOLE	0	17,787	0	0
Vanguard Emerging Markets ETF	Com	922042858	10	250	SH		DFND	0	250	0	0
Vanguard European Stock ETF	Com	922042874	17,988	331,755	SH		SOLE	0	330,501	0	1,254
Vanguard European Stock ETF	Com	922042874	46	842	SH		DFND	0	842	0	0
Vanguard Intermediate-Term C	Com	92206C870	11,246	128,238	SH		SOLE	0	127,483	0	755
Vanguard Intermediate-Term C	Com	92206C870	110	1,251	SH		DFND	0	1,251	0	0
Vanguard 500 Index Fund	Com	922908363	2,095	11,074	SH		SOLE	0	11,074	0	0
Vanguard REIT Index ETF	Com	922908553	2,415	28,642	SH		SOLE	0	28,370	0	272
Vanguard REIT Index ETF	Com	922908553	13	150	SH		DFND	0	150	0	0
Vanguard Mid-Cap ETF	Com	922908629	1,213	9,140	SH		SOLE	0	9,140	0	0
Vanguard Total Stock Market ETF	Com	922908769	264	2,462	SH		SOLE	0	2,462	0	0
Verizon Communications Inc	Com	92343V104	791	16,261	SH		SOLE	0	16,261	0	0
Visa Inc - Class A Shares	Com	92826C839	2,665	40,748	SH		SOLE	0	40,748	0	0
Visa Inc - Class A Shares	Com	92826C839	22	336	SH		DFND	0	336	0	0
Wal Mart Stores Inc	Com	931142103	779	9,473	SH		SOLE	0	9,473	0	0
Waste Management Inc	Com	94106L109	1,137	20,968	SH		SOLE	0	20,968	0	0
Wells Fargo & Co	Com	949746101	4,377	80,457	SH		SOLE	0	80,457	0	0
Wells Fargo & Co	Com	949746101	25	460	SH		DFND	0	460	0	0
Whirlpool Corp	Com	963320106	3,127	15,477	SH		SOLE	0	15,477	0	0
Whirlpool Corp	Com	963320106	26	131	SH		DFND	0	131	0	0
Wisconsin Energy Corp	Com	976657106	1,018	20,575	SH		SOLE	0	20,575	0	0
WisdomTree LargeCap Dividend Fund	Com	97717W307	234	3,197	SH		SOLE	0	3,197	0	0
WisdomTree MidCap Dividend Fund	Com	97717W505	863	10,028	SH		SOLE	0	10,028	0	0
WisdomTree SmallCap Dividend Fund	Com	97717W604	2,121	29,424	SH		SOLE	0	29,424	0	0
WisdomTree International MidCap Dividend Fund	Com	97717W778	261	4,430	SH		SOLE	0	4,430	0	0
WisdomTree Japan Hedged Equity ETF	Com	97717W851	10,756	195,132	SH		SOLE	0	194,356	0	776
WisdomTree Japan Hedged Equity ETF	Com	97717W851	32	581	SH		DFND	0	581	0	0
WisdomTree Europe Hedged Equity ETF	Com	97717X701	20,253	306,214	SH		SOLE	0	305,148	0	1,066
WisdomTree Europe Hedged Equity ETF	Com	97717X701	50	763	SH		DFND	0	763	0	0
Yum Brands Inc	Com	988498101	294	3,737	SH		SOLE	0	3,737	0	0
Accenture PLC	Com	G1151C101	1,322	14,113	SH		SOLE	0	14,113	0	0
Ingersoll-Rand Company Limited	Com	G47791101	272	4,000	SH		SOLE	0	4,000	0	0
Seagate Technology	Com	G7945M107	2,805	53,917	SH		SOLE	0	53,917	0	0
Seagate Technology	Com	G7945M107	17	328	SH		DFND	0	328	0	0
NXP Semiconductors NV	Com	N6596X109	2,080	20,726	SH		SOLE	0	20,726	0	0
NXP Semiconductors NV	Com	N6596X109	20	199	SH		DFND	0	199	0	0