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. | COM | 88579y101 | 1,572 | 7,489 | SH | | SOLE | | 7,489 | 0 | 0 |
AFLAC Inc. | COM | 001055102 | 326 | 4,001 | SH | | SOLE | | 4,001 | 0 | 0 |
AT&T, Inc. | COM | 00206r102 | 1,612 | 41,147 | SH | | SOLE | | 40,097 | 0 | 1,050 |
Abbott Laboratories | COM | 002824100 | 9,946 | 186,386 | SH | | SOLE | | 184,836 | 0 | 1,550 |
Advanced Energy Industries, In | COM | 007973100 | 234 | 2,900 | SH | | SOLE | | 2,900 | 0 | 0 |
Affiliated Managers Group, Inc | COM | 008252108 | 326 | 1,715 | SH | | SOLE | | 1,715 | 0 | 0 |
Air Products & Chemicals Inc | COM | 009158106 | 2,275 | 15,045 | SH | | SOLE | | 14,870 | 0 | 175 |
Allergan PLC | SHS | G0177J108 | 5,317 | 25,945 | SH | | SOLE | | 25,755 | 0 | 190 |
Alphabet Inc. Cl A | CAP STK CL A | 02079K305 | 271 | 278 | SH | | SOLE | | 278 | 0 | 0 |
Alphabet Inc. Cl C | CAP STK CL C | 02079K107 | 13,266 | 13,832 | SH | | SOLE | | 13,766 | 0 | 66 |
AmTrust Financial Services | COM | 032359309 | 350 | 25,975 | SH | | SOLE | | 25,175 | 0 | 800 |
Amazon.com Inc. | COM | 023135106 | 517 | 538 | SH | | SOLE | | 528 | 0 | 10 |
AmerisourceBergen Corp. | COM | 03073e105 | 2,063 | 24,935 | SH | | SOLE | | 24,760 | 0 | 175 |
Apple Computer | COM | 037833100 | 11,456 | 74,329 | SH | | SOLE | | 73,999 | 0 | 330 |
Arrow Financial Corp. | COM | 042744102 | 216 | 6,283 | SH | | SOLE | | 6,283 | 0 | 0 |
Automatic Data Processing | COM | 053015103 | 1,167 | 10,674 | SH | | SOLE | | 10,674 | 0 | 0 |
B&G Foods, Inc. | COM | 05508R106 | 760 | 23,859 | SH | | SOLE | | 23,459 | 0 | 400 |
BCE Inc. | COM NEW | 05534b760 | 1,611 | 34,395 | SH | | SOLE | | 32,495 | 0 | 1,900 |
Bank of America Corp. | COM | 060505104 | 7,846 | 309,635 | SH | | SOLE | | 300,650 | 0 | 8,985 |
Becton Dickinson & Co. | COM | 075887109 | 326 | 1,665 | SH | | SOLE | | 1,665 | 0 | 0 |
Berkshire Hathaway Inc. Cl B | CL B NEW | 084670702 | 827 | 4,512 | SH | | SOLE | | 4,512 | 0 | 0 |
Biogen Idec Inc. | COM | 09062X103 | 272 | 869 | SH | | SOLE | | 869 | 0 | 0 |
Boeing Co. | COM | 097023105 | 493 | 1,940 | SH | | SOLE | | 1,865 | 0 | 75 |
Bristol-Myers Squibb | COM | 110122108 | 458 | 7,183 | SH | | SOLE | | 7,183 | 0 | 0 |
Buckeye Partners L P Unit Ltd | UNIT LTD PARTN | 118230101 | 683 | 11,980 | SH | | SOLE | | 11,980 | 0 | 0 |
CF Industries Holdings, Inc. | COM | 125269100 | 11,200 | 318,545 | SH | | SOLE | | 315,220 | 0 | 3,325 |
CVS Health Corp. | COM | 126650100 | 7,463 | 91,770 | SH | | SOLE | | 90,770 | 0 | 1,000 |
CYS Investments Inc | COM | 12673a108 | 376 | 43,500 | SH | | SOLE | | 33,500 | 0 | 10,000 |
Capstead Mortgage Corp. | COM NO PAR | 14067E506 | 332 | 34,380 | SH | | SOLE | | 29,380 | 0 | 5,000 |
Celgene Corp. | COM | 151020104 | 925 | 6,344 | SH | | SOLE | | 6,344 | 0 | 0 |
Cerner Corporation | COM | 156782104 | 1,113 | 15,601 | SH | | SOLE | | 15,501 | 0 | 100 |
Check Point Software | ORD | M22465104 | 9,735 | 85,380 | SH | | SOLE | | 84,905 | 0 | 475 |
ChevronTexaco Corporation | COM | 166764100 | 7,748 | 65,941 | SH | | SOLE | | 64,991 | 0 | 950 |
Chipotle Mexican Grill, Inc. | COM | 169656105 | 4,819 | 15,655 | SH | | SOLE | | 15,365 | 0 | 290 |
Cisco Systems Inc. | COM | 17275r102 | 424 | 12,621 | SH | | SOLE | | 11,971 | 0 | 650 |
Citizens & Northern Corp. | COM | 172922106 | 341 | 13,875 | SH | | SOLE | | 11,875 | 0 | 2,000 |
Coca-Cola Co. | COM | 191216100 | 830 | 18,433 | SH | | SOLE | | 18,433 | 0 | 0 |
Community Bank System Inc | COM | 203607106 | 822 | 14,875 | SH | | SOLE | | 13,575 | 0 | 1,300 |
Costco Wholesale | COM | 22160k105 | 9,721 | 59,172 | SH | | SOLE | | 58,797 | 0 | 375 |
Danaher Corp | COM | 235851102 | 928 | 10,815 | SH | | SOLE | | 10,215 | 0 | 600 |
Diageo PLC Spon ADR | SPON ADR NEW | 25243q205 | 681 | 5,154 | SH | | SOLE | | 4,979 | 0 | 175 |
Discover Financial Services | COM | 254709108 | 5,986 | 92,835 | SH | | SOLE | | 91,660 | 0 | 1,175 |
Disney, Walt | COM DISNEY | 254687106 | 548 | 5,559 | SH | | SOLE | | 5,559 | 0 | 0 |
Dollar Tree Stores Inc. | COM | 256746108 | 7,152 | 82,375 | SH | | SOLE | | 81,850 | 0 | 525 |
DowDuPont Inc. | COM | 26078J100 | 5,651 | 81,627 | SH | | SOLE | | 81,427 | 0 | 200 |
Emerson Electric Co | COM | 291011104 | 350 | 5,575 | SH | | SOLE | | 4,650 | 0 | 925 |
Enbridge Energy Partners, L.P. | COM | 29250r106 | 211 | 13,183 | SH | | SOLE | | 11,683 | 0 | 1,500 |
Energy Transfer Partners, L.P. | COM | 29278n103 | 1,409 | 77,010 | SH | | SOLE | | 74,010 | 0 | 3,000 |
Enterprise Products Partners L | COM | 293792107 | 344 | 13,180 | SH | | SOLE | | 13,180 | 0 | 0 |
Exxon Mobil Corp. | COM | 30231G102 | 4,587 | 55,957 | SH | | SOLE | | 55,757 | 0 | 200 |
Facebook, Inc. | CL A | 30303M102 | 339 | 1,982 | SH | | SOLE | | 1,982 | 0 | 0 |
FedEx Corporation | COM | 31428X106 | 203 | 898 | SH | | SOLE | | 898 | 0 | 0 |
Fifth Third Bancorp | COM | 316773100 | 6,305 | 225,357 | SH | | SOLE | | 224,232 | 0 | 1,125 |
Ford Motor Co. | COM PAR $0.01 | 345370860 | 186 | 15,526 | SH | | SOLE | | 15,526 | 0 | 0 |
GMS Inc | COM | 36251C103 | 2,170 | 61,295 | SH | | SOLE | | 61,295 | 0 | 0 |
General Electric Company | COM | 369604103 | 8,104 | 335,169 | SH | | SOLE | | 330,294 | 0 | 4,875 |
Hain Celestial Group Inc. | COM | 405217100 | 505 | 12,280 | SH | | SOLE | | 11,280 | 0 | 1,000 |
Home Depot Inc. | COM | 437076102 | 991 | 6,057 | SH | | SOLE | | 6,057 | 0 | 0 |
Honeywell International | COM | 438516106 | 390 | 2,754 | SH | | SOLE | | 2,754 | 0 | 0 |
Illinois Tool Works | COM | 452308109 | 433 | 2,929 | SH | | SOLE | | 2,829 | 0 | 100 |
Intel Corporation | COM | 458140100 | 939 | 24,667 | SH | | SOLE | | 24,667 | 0 | 0 |
IntercontinentalExchange, Inc. | COM | 45866F104 | 328 | 4,775 | SH | | SOLE | | 4,775 | 0 | 0 |
International Business Machine | COM | 459200101 | 603 | 4,155 | SH | | SOLE | | 4,155 | 0 | 0 |
International Paper | COM | 460146103 | 257 | 4,521 | SH | | SOLE | | 4,521 | 0 | 0 |
Invesco Limited | SHS | g491bt108 | 411 | 11,725 | SH | | SOLE | | 11,725 | 0 | 0 |
J.P. Morgan Chase | COM | 46625h100 | 1,184 | 12,392 | SH | | SOLE | | 11,792 | 0 | 600 |
Johnson & Johnson | COM | 478160104 | 12,573 | 96,711 | SH | | SOLE | | 94,911 | 0 | 1,800 |
Kelly Services Cl A | CL A | 488152208 | 1,322 | 52,700 | SH | | SOLE | | 52,700 | 0 | 0 |
KeyCorp | COM | 493267108 | 2,764 | 146,875 | SH | | SOLE | | 143,875 | 0 | 3,000 |
Kimberly-Clark Corp. | COM | 494368103 | 1,332 | 11,321 | SH | | SOLE | | 11,171 | 0 | 150 |
Liberty Property Trust | SH BEN INT | 531172104 | 2,580 | 62,834 | SH | | SOLE | | 60,684 | 0 | 2,150 |
Lilly, Eli | COM | 532457108 | 8,226 | 96,166 | SH | | SOLE | | 95,616 | 0 | 550 |
Lockheed Martin Corp | COM | 539830109 | 1,097 | 3,536 | SH | | SOLE | | 3,461 | 0 | 75 |
Magellan Midstream Partners, L | COM UNIT RP LP | 559080106 | 277 | 3,900 | SH | | SOLE | | 3,900 | 0 | 0 |
MasterCard, Inc. | CL A | 57636Q104 | 8,483 | 60,078 | SH | | SOLE | | 59,753 | 0 | 325 |
Medtronic PLC | SHS | G5960L103 | 254 | 3,262 | SH | | SOLE | | 3,262 | 0 | 0 |
Merck & Co. | COM | 58933Y105 | 1,809 | 28,248 | SH | | SOLE | | 27,548 | 0 | 700 |
Microsoft Corp. | COM | 594918104 | 14,611 | 196,143 | SH | | SOLE | | 192,418 | 0 | 3,725 |
Moody's Corporation | COM | 615369105 | 206 | 1,477 | SH | | SOLE | | 1,477 | 0 | 0 |
NIKE, Inc. Cl B | CL B | 654106103 | 259 | 4,990 | SH | | SOLE | | 4,990 | 0 | 0 |
Nestle SA Spon ADR | COM | 641069406 | 5,935 | 70,649 | SH | | SOLE | | 69,724 | 0 | 925 |
NextEra Energy, Inc. | COM | 65339F101 | 470 | 3,209 | SH | | SOLE | | 3,209 | 0 | 0 |
Occidental Petroleum | COM | 674599105 | 4,503 | 70,123 | SH | | SOLE | | 69,798 | 0 | 325 |
PNC Financial Services Group, | COM | 693475105 | 11,519 | 85,474 | SH | | SOLE | | 84,449 | 0 | 1,025 |
PPL Corporation | COM | 69351T106 | 5,687 | 149,845 | SH | | SOLE | | 145,545 | 0 | 4,300 |
Pardee Resources Company, Inc. | COM | 699437109 | 888 | 4,700 | SH | | SOLE | | 4,000 | 0 | 700 |
Paychex Inc. | COM | 704326107 | 5,375 | 89,640 | SH | | SOLE | | 89,115 | 0 | 525 |
PepsiCo Inc. | COM | 713448108 | 7,278 | 65,319 | SH | | SOLE | | 64,694 | 0 | 625 |
Pfizer, Inc. | COM | 717081103 | 1,467 | 41,092 | SH | | SOLE | | 38,667 | 0 | 2,425 |
Pinnacle Financial Partners In | COM | 72346Q104 | 624 | 9,317 | SH | | SOLE | | 9,317 | 0 | 0 |
Praxair Inc. | COM | 74005P104 | 212 | 1,515 | SH | | SOLE | | 1,515 | 0 | 0 |
Procter & Gamble | COM | 742718109 | 3,129 | 34,389 | SH | | SOLE | | 33,089 | 0 | 1,300 |
Qualcomm Inc. | COM | 747525103 | 5,396 | 104,088 | SH | | SOLE | | 102,388 | 0 | 1,700 |
Quanta Services, Inc. | COM | 74762e102 | 213 | 5,712 | SH | | SOLE | | 5,712 | 0 | 0 |
Quintiles Transnational Holdin | COM | 74876Y101 | 434 | 4,565 | SH | | SOLE | | 4,565 | 0 | 0 |
Raytheon Company | COM NEW | 755111507 | 353 | 1,892 | SH | | SOLE | | 1,892 | 0 | 0 |
Rockwell Collins Inc. | COM | 774341101 | 10,476 | 80,145 | SH | | SOLE | | 79,945 | 0 | 200 |
Roper Technologies | COM | 776696106 | 8,846 | 36,345 | SH | | SOLE | | 36,130 | 0 | 215 |
S&P Global Inc | COM | 78409V104 | 583 | 3,727 | SH | | SOLE | | 3,727 | 0 | 0 |
Schlumberger Ltd | COM | 806857108 | 4,744 | 68,004 | SH | | SOLE | | 67,779 | 0 | 225 |
Sherwin Williams | COM | 824348106 | 492 | 1,373 | SH | | SOLE | | 1,373 | 0 | 0 |
Southern Company | COM | 842587107 | 408 | 8,294 | SH | | SOLE | | 7,669 | 0 | 625 |
Starbucks Corporation | COM | 855244109 | 6,431 | 119,735 | SH | | SOLE | | 119,360 | 0 | 375 |
Stryker Corporation | COM | 863667101 | 413 | 2,910 | SH | | SOLE | | 2,910 | 0 | 0 |
Sun Communities Inc. | COM | 866674104 | 1,313 | 15,323 | SH | | SOLE | | 15,323 | 0 | 0 |
SunTrust Banks | COM | 867914103 | 8,887 | 148,693 | SH | | SOLE | | 147,853 | 0 | 840 |
Sysco Corp. | COM | 871829107 | 349 | 6,471 | SH | | SOLE | | 6,471 | 0 | 0 |
TJX Companies Inc. | COM | 872540109 | 6,785 | 92,019 | SH | | SOLE | | 91,719 | 0 | 300 |
The Scotts Miracle-Gro Company | CL A | 810186106 | 225 | 2,312 | SH | | SOLE | | 2,312 | 0 | 0 |
Thermo Fisher Scientific, Inc. | COM | 883556102 | 526 | 2,779 | SH | | SOLE | | 2,779 | 0 | 0 |
Total System Services, Inc. | COM | 891906109 | 337 | 5,140 | SH | | SOLE | | 5,140 | 0 | 0 |
U.S. Rare Earth Minerals Inc. | COM | 903410207 | 0 | 25,000 | SH | | SOLE | | 25,000 | 0 | 0 |
Union Pacific Corp. | COM | 907818108 | 900 | 7,762 | SH | | SOLE | | 7,762 | 0 | 0 |
United Technologies | COM | 913017109 | 5,674 | 48,884 | SH | | SOLE | | 48,559 | 0 | 325 |
VIVUS, Inc. | COM | 928551100 | 24 | 24,500 | SH | | SOLE | | 24,500 | 0 | 0 |
Verizon Communications | COM | 92343v104 | 5,857 | 118,337 | SH | | SOLE | | 116,796 | 0 | 1,541 |
Versum Materials Inc | COM | 92532w103 | 260 | 6,697 | SH | | SOLE | | 6,660 | 0 | 37 |
Vulcan Materials Co. | COM | 929160109 | 239 | 2,000 | SH | | SOLE | | 2,000 | 0 | 0 |
WP Carey Inc | COM | 92936U109 | 1,722 | 25,548 | SH | | SOLE | | 24,598 | 0 | 950 |
Waste Management Inc. | COM | 94106L109 | 664 | 8,488 | SH | | SOLE | | 8,488 | 0 | 0 |
Welltower Inc. | COM | 95040Q104 | 1,008 | 14,345 | SH | | SOLE | | 13,495 | 0 | 850 |
PowerShares QQQ Nasdaq 100 | UNIT SER 1 | 73935a104 | 342 | 2,351 | SH | | SOLE | | 2,351 | 0 | 0 |
ProShares Large Cap Core Plus | PSHS LC COR PLUS | 74347R248 | 320 | 5,115 | SH | | SOLE | | 5,115 | 0 | 0 |
iShares Core S&P MidCap | CORE S&P MCP ETF | 464287507 | 317 | 1,771 | SH | | SOLE | | 1,771 | 0 | 0 |
iShares Core S&P Small-Cap ETF | CORE S&P SCP ETF | 464287804 | 1,336 | 18,005 | SH | | SOLE | | 18,005 | 0 | 0 |
iShares Russell 1000 Value Ind | RUS 1000 VAL ETF | 464287598 | 507 | 4,276 | SH | | SOLE | | 4,145 | 0 | 131 |
iShares Russell 2000 Index Fun | RUS 2000 ETF | 464287655 | 470 | 3,175 | SH | | SOLE | | 3,175 | 0 | 0 |
iShares Russell 2000 Value Ind | RUS 2000 VAL ETF | 464287630 | 15,173 | 122,247 | SH | | SOLE | | 121,792 | 0 | 455 |
iShares Russell Midcap Index F | RUS MID CAP ETF | 464287499 | 422 | 2,142 | SH | | SOLE | | 2,142 | 0 | 0 |
First Trust Dow Jones Gbl Sele | DJ GLBL DIVID | 33734X200 | 441 | 17,100 | SH | | SOLE | | 17,100 | 0 | 0 |
Schwab Emerging Markets Equity | EMRG MKTEQ ETF | 808524706 | 296 | 11,005 | SH | | SOLE | | 11,005 | 0 | 0 |
Vanguard Emerging Markets | FTSE EMR MKT ETF | 922042858 | 269 | 6,179 | SH | | SOLE | | 6,179 | 0 | 0 |
Vanguard FTSE All-World Ex-US | ALLWRLD EX US | 922042775 | 209 | 3,965 | SH | | SOLE | | 3,965 | 0 | 0 |
iShares MSCI EAFE Index Fund | MSCI EAFE ETF | 464287465 | 2,847 | 41,573 | SH | | SOLE | | 41,573 | 0 | 0 |
iShares MSCI Emerging Markets | MSCI EMG MKT ETF | 464287234 | 448 | 9,999 | SH | | SOLE | | 9,999 | 0 | 0 |
SPDR Gold Trust | GOLD SHS | 78463v107 | 448 | 3,685 | SH | | SOLE | | 3,685 | 0 | 0 |
Schwab US Aggregate Bond ETF | US AGGREGATE B | 808524839 | 259 | 4,939 | SH | | SOLE | | 4,939 | 0 | 0 |
iShares Barclays US TIPS Fund | TIPS BD ETF | 464287176 | 236 | 2,075 | SH | | SOLE | | 2,075 | 0 | 0 |