Maryland 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
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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
3M Company	COM	88579Y101	695	4,503	SH		SOLE		4,503	0	0
Abbott Laboratories	COM	002824100	18,554	378,040	SH		SOLE		378,040	0	0
Abbott Laboratories	COM	002824100	177	3,610	SH		OTR		3,610	0	0
AbbVie, Inc.	COM	00287Y109	1,424	21,187	SH		SOLE		21,187	0	0
AbbVie, Inc.	COM	00287Y109	202	3,000	SH		OTR		3,000	0	0
Accenture PLC	COM	G1151C101	324	3,350	SH		SOLE		3,350	0	0
Akorn, Inc.	COM	009728106	14,246	326,299	SH		SOLE		326,299	0	0
Akorn, Inc.	COM	009728106	24	550	SH		OTR		550	0	0
Allergan, Inc.	COM	G0177J108	31,079	102,414	SH		SOLE		102,414	0	0
Allergan, Inc.	COM	G0177J108	35	115	SH		OTR		115	0	0
Altria Group Inc.	COM	02209S103	1,415	28,929	SH		SOLE		28,929	0	0
Altria Group Inc.	COM	02209S103	58	1,195	SH		OTR		1,195	0	0
Amazon.com Inc.	COM	023135106	231	531	SH		SOLE		531	0	0
American Express Co.	COM	025816109	215	2,766	SH		SOLE		2,766	0	0
Apple Inc.	COM	037833100	21,821	173,978	SH		SOLE		173,978	0	0
Apple Inc.	COM	037833100	31	250	SH		OTR		250	0	0
Aqua America Corp.	COM	03836W103	459	18,732	SH		SOLE		18,732	0	0
Arch Capital Group Ltd.	COM	G0450A105	261	3,900	SH		SOLE		3,900	0	0
Arthur J. Gallagher & Co.	COM	363576109	818	17,285	SH		SOLE		17,285	0	0
AT&T, Inc.	COM	00206R102	6,828	192,238	SH		SOLE		192,238	0	0
AT&T, Inc.	COM	00206R102	116	3,253	SH		OTR		3,253	0	0
Avalon Rare Metals Inc	COM	053470100	12	60,000	SH		SOLE		60,000	0	0
Bank of America Corp.	COM	060505104	320	18,803	SH		SOLE		18,803	0	0
Bard (C.R.) Company, Inc.	COM	067383109	328	1,920	SH		SOLE		1,920	0	0
BB&T Corporation	COM	054937107	2,533	62,846	SH		SOLE		62,846	0	0
Berkshire Hathaway, Inc.- CL B	COM	084670702	3,341	24,547	SH		SOLE		24,547	0	0
Bristol Myers Squibb, Inc.	COM	110122108	2,013	30,254	SH		SOLE		30,254	0	0
Buckeye Partners UTS Limited P	COM	118230101	263	3,555	SH		SOLE		3,555	0	0
Buckeye Partners UTS Limited P	COM	118230101	15	200	SH		OTR		200	0	0
Canadian National Railway Co.	COM	136375102	231	4,000	SH		SOLE		4,000	0	0
Cannabis Science Inc	COM	137648101	0	17,000	SH		SOLE		17,000	0	0
Chevron Corp.	COM	166764100	2,329	24,144	SH		SOLE		24,144	0	0
Chipotle Mexican Grill Inc.	COM	169656105	21,118	34,907	SH		SOLE		34,907	0	0
Chipotle Mexican Grill Inc.	COM	169656105	35	58	SH		OTR		58	0	0
Cincinnati Financial Corporati	COM	172062101	876	17,455	SH		SOLE		17,455	0	0
Cisco Systems, Inc.	COM	17275R102	505	18,406	SH		SOLE		18,406	0	0
Coca-Cola Co.	COM	191216100	1,220	31,101	SH		SOLE		31,101	0	0
Colgate Palmolive Co.	COM	194162103	353	5,393	SH		SOLE		5,393	0	0
Concho Resources Inc.	COM	20605P101	13,180	115,760	SH		SOLE		115,760	0	0
Concho Resources Inc.	COM	20605P101	2	20	SH		OTR		20	0	0
ConocoPhillips	COM	20825C104	6,814	110,963	SH		SOLE		110,963	0	0
ConocoPhillips	COM	20825C104	22	355	SH		OTR		355	0	0
Consolidated Edison Co., Inc.	COM	209115104	962	16,621	SH		SOLE		16,621	0	0
Corporate Office Properties Tr	COM	22002T108	1,913	81,270	SH		SOLE		81,270	0	0
Corporate Office Properties Tr	COM	22002T108	47	2,000	SH		OTR		2,000	0	0
Costco Wholesale Corp.	COM	22160K105	392	2,900	SH		SOLE		2,900	0	0
Cummins Inc.	COM	231021106	13,399	102,136	SH		SOLE		102,136	0	0
Cummins Inc.	COM	231021106	29	220	SH		OTR		220	0	0
CVS Caremark Corp.	COM	126650100	835	7,963	SH		SOLE		7,963	0	0
Danaher Corp.	COM	235851102	757	8,850	SH		SOLE		8,850	0	0
Dominion Resources, Inc.	COM	25746U109	852	12,739	SH		SOLE		12,739	0	0
Dominion Resources, Inc.	COM	25746U109	60	900	SH		OTR		900	0	0
Dow Chemical Co., Inc.	COM	260543103	248	4,846	SH		SOLE		4,846	0	0
Dow Chemical Co., Inc.	COM	260543103	31	600	SH		OTR		600	0	0
Du Pont (E.I.) De Nemours & Co	COM	263534109	2,610	40,810	SH		SOLE		40,810	0	0
Du Pont (E.I.) De Nemours & Co	COM	263534109	26	400	SH		OTR		400	0	0
Duke Energy Corporation	COM	26441C204	3,403	48,187	SH		SOLE		48,187	0	0
Duke Energy Corporation	COM	26441C204	36	503	SH		OTR		503	0	0
eBay, Inc.	COM	278642103	13,922	231,103	SH		SOLE		231,103	0	0
eBay, Inc.	COM	278642103	35	585	SH		OTR		585	0	0
Edward Lifesciences, Inc.	COM	28176E108	214	1,500	SH		SOLE		1,500	0	0
Electronic Sensor Technology,	COM	285835104	0	150,000	SH		SOLE		150,000	0	0
Eli Lilly & Co.	COM	532457108	3,600	43,118	SH		SOLE		43,118	0	0
EMC Corp.	COM	268648102	213	8,075	SH		SOLE		8,075	0	0
Enbridge Energy Partners, LP	COM	29250R106	518	15,550	SH		SOLE		15,550	0	0
Enbridge Energy Partners, LP	COM	29250R106	80	2,400	SH		OTR		2,400	0	0
Enterprise Products Partners L	COM	293792107	1,661	55,572	SH		SOLE		55,572	0	0
Express Scripts Holding Compan	COM	30219G108	21,052	236,696	SH		SOLE		236,696	0	0
Express Scripts Holding Compan	COM	30219G108	56	625	SH		OTR		625	0	0
Exxon Mobil Corp.	COM	30231G102	3,775	45,376	SH		SOLE		45,376	0	0
Exxon Mobil Corp.	COM	30231G102	2,526	30,358	SH		OTR		30,358	0	0
FelCor Lodging Trust Incorpora	COM	31430F101	112	11,300	SH		SOLE		11,300	0	0
Fiserv Inc.	COM	337738108	205	2,475	SH		SOLE		2,475	0	0
Ford Motor Corp.	COM	345370860	347	23,132	SH		SOLE		23,132	0	0
General Electric Company	COM	369604103	5,394	203,027	SH		SOLE		203,027	0	0
General Electric Company	COM	369604103	180	6,775	SH		OTR		6,775	0	0
General Mills Corp., Inc.	COM	370334104	256	4,586	SH		SOLE		4,586	0	0
General Mills Corp., Inc.	COM	370334104	33	600	SH		OTR		600	0	0
Gilead Sciences Inc.	COM	375558103	222	1,900	SH		SOLE		1,900	0	0
Google Inc Class A	COM	38259P508	6,530	12,092	SH		SOLE		12,092	0	0
Google Inc Class A	COM	38259P508	27	50	SH		OTR		50	0	0
Google Inc.	COM	38259P706	10,151	19,502	SH		SOLE		19,502	0	0
Google Inc.	COM	38259P706	26	50	SH		OTR		50	0	0
HCP, Inc.	COM	40414L109	975	26,724	SH		SOLE		26,724	0	0
HCP, Inc.	COM	40414L109	157	4,300	SH		OTR		4,300	0	0
Health Care Reit Inc.	COM	42217K106	2,833	43,164	SH		SOLE		43,164	0	0
Home Depot, Inc.	COM	437076102	2,274	20,462	SH		SOLE		20,462	0	0
Hospitality Properties Trust	COM	44106M102	199	6,895	SH		SOLE		6,895	0	0
Hospitality Properties Trust	COM	44106M102	29	1,000	SH		OTR		1,000	0	0
Intel Corporation	COM	458140100	2,905	95,501	SH		SOLE		95,501	0	0
Intel Corporation	COM	458140100	33	1,100	SH		OTR		1,100	0	0
Intl Business Machines, Corp.	COM	459200101	1,396	8,583	SH		SOLE		8,583	0	0
Intl Business Machines, Corp.	COM	459200101	16	100	SH		OTR		100	0	0
J P Morgan Chase & Co.	COM	46625H100	1,775	26,192	SH		SOLE		26,192	0	0
J P Morgan Chase & Co.	COM	46625H100	42	620	SH		OTR		620	0	0
Johnson & Johnson	COM	478160104	2,452	25,157	SH		SOLE		25,157	0	0
Johnson & Johnson	COM	478160104	88	900	SH		OTR		900	0	0
Kimberly Clark Corp.	COM	494368103	1,425	13,451	SH		SOLE		13,451	0	0
Kimberly Clark Corp.	COM	494368103	95	900	SH		OTR		900	0	0
Kinder Morgan Inc.	COM	49456B101	2,404	62,610	SH		SOLE		62,610	0	0
Kinder Morgan Inc.	COM	49456B101	21	548	SH		OTR		548	0	0
Lai Sun Development Co Ltd	COM	Y51270182	18	749,000	SH		SOLE		749,000	0	0
Las Vegas Sands Corp.	COM	517834107	11,810	224,648	SH		SOLE		224,648	0	0
Las Vegas Sands Corp.	COM	517834107	48	915	SH		OTR		915	0	0
Lockheed Martin Corp. Inc.	COM	539830109	682	3,671	SH		SOLE		3,671	0	0
Lowes Companies, Inc.	COM	548661107	770	11,495	SH		SOLE		11,495	0	0
Magellan Midstream Partners LP	COM	559080106	411	5,600	SH		SOLE		5,600	0	0
Marathon Petroleum Corporation	COM	56585A102	402	7,680	SH		SOLE		7,680	0	0
Marriott International Corpora	COM	571903202	208	2,793	SH		SOLE		2,793	0	0
MasterCard Incorporated	COM	57636Q104	20,497	219,267	SH		SOLE		219,267	0	0
MasterCard Incorporated	COM	57636Q104	23	250	SH		OTR		250	0	0
McCormick & Co., Inc. - Voting	COM	579780107	405	5,000	SH		SOLE		5,000	0	0
McCormick & Company, Inc.	COM	579780206	437	5,400	SH		SOLE		5,400	0	0
McDonald's Corp., Inc.	COM	580135101	1,863	19,598	SH		SOLE		19,598	0	0
McDonald's Corp., Inc.	COM	580135101	46	485	SH		OTR		485	0	0
Medtronic, Inc.	COM	G5960L103	880	11,881	SH		SOLE		11,881	0	0
Merck & Co., Inc.	COM	58933Y105	1,840	32,315	SH		SOLE		32,315	0	0
Merck & Co., Inc.	COM	58933Y105	34	600	SH		OTR		600	0	0
Microsoft Corporation	COM	594918104	16,938	383,639	SH		SOLE		383,639	0	0
Microsoft Corporation	COM	594918104	39	875	SH		OTR		875	0	0
Mondelez Int'l. Inc.	COM	609207105	205	4,971	SH		SOLE		4,971	0	0
Mondelez Int'l. Inc.	COM	609207105	17	411	SH		OTR		411	0	0
NextEra Energy	COM	65339F101	716	7,300	SH		SOLE		7,300	0	0
NextEra Energy	COM	65339F101	81	825	SH		OTR		825	0	0
NII Holdings Inc	COM	62913F201	1	40,000	SH		SOLE		40,000	0	0
Norfolk Southern Corporation	COM	655844108	238	2,727	SH		SOLE		2,727	0	0
Occidental Petroleum Corp., In	COM	674599105	302	3,880	SH		SOLE		3,880	0	0
Omega Healthcare Invs REIT	COM	681936100	253	7,370	SH		SOLE		7,370	0	0
Oracle Corp.	COM	68389X105	540	13,393	SH		SOLE		13,393	0	0
Paychex, Inc.	COM	704326107	362	7,715	SH		SOLE		7,715	0	0
Pepco Holdings	COM	713291102	1,536	57,023	SH		SOLE		57,023	0	0
Pepsico, Inc.	COM	713448108	16,095	172,431	SH		SOLE		172,431	0	0
Pepsico, Inc.	COM	713448108	65	700	SH		OTR		700	0	0
Pfizer, Inc.	COM	717081103	2,849	84,965	SH		SOLE		84,965	0	0
Pfizer, Inc.	COM	717081103	211	6,300	SH		OTR		6,300	0	0
Philip Morris International In	COM	718172109	1,746	21,784	SH		SOLE		21,784	0	0
Philip Morris International In	COM	718172109	48	595	SH		OTR		595	0	0
Phillips 66	COM	718546104	438	5,441	SH		SOLE		5,441	0	0
Plains All American Pipeline L	COM	726503105	313	7,188	SH		SOLE		7,188	0	0
PPL Corporation	COM	69351T106	1,753	59,475	SH		SOLE		59,475	0	0
Procter & Gamble Company	COM	742718109	14,998	191,689	SH		SOLE		191,689	0	0
Procter & Gamble Company	COM	742718109	50	640	SH		OTR		640	0	0
Public Service Enterprises	COM	744573106	242	6,173	SH		SOLE		6,173	0	0
Qualcomm, Inc.	COM	747525103	11,699	186,798	SH		SOLE		186,798	0	0
Qualcomm, Inc.	COM	747525103	32	515	SH		OTR		515	0	0
Royal Dutch Shell	COM	780259206	287	5,030	SH		SOLE		5,030	0	0
Royal Dutch Shell	COM	780259206	54	950	SH		OTR		950	0	0
Sandy Spring Bancorp, Inc.	COM	800363103	515	18,400	SH		SOLE		18,400	0	0
Schlumberger Inc.	COM	806857108	247	2,872	SH		SOLE		2,872	0	0
Signature Bank	COM	82669G104	17,620	120,366	SH		SOLE		120,366	0	0
Signature Bank	COM	82669G104	31	210	SH		OTR		210	0	0
Simon Property Group	COM	828806109	258	1,490	SH		SOLE		1,490	0	0
Simon Property Group	COM	828806109	45	260	SH		OTR		260	0	0
Southern Company, Inc.	COM	842587107	1,847	44,074	SH		SOLE		44,074	0	0
Stock Reorg of Rock-Tenn Compa	COM	77STK9996	515	8,555	SH		SOLE		8,555	0	0
Suburban Propane Partners, L.P	COM	864482104	797	19,975	SH		SOLE		19,975	0	0
Summit Financial Group, Inc.	COM	86606J105	291	26,000	SH		SOLE		26,000	0	0
SWISS MEDICA INC XXXREGISTRATI	COM	87089C104	0	30,000	SH		SOLE		30,000	0	0
Sysco Corporation	COM	871829107	345	9,555	SH		SOLE		9,555	0	0
T J X Cos Inc.	COM	872540109	326	4,930	SH		SOLE		4,930	0	0
T.Rowe Price Group, Inc.	COM	74144T108	14,302	183,991	SH		SOLE		183,991	0	0
T.Rowe Price Group, Inc.	COM	74144T108	59	760	SH		OTR		760	0	0
Target Corp.	COM	87612E106	270	3,313	SH		SOLE		3,313	0	0
TD Ameritrade Holding Corp.	COM	87236Y108	16,162	438,935	SH		SOLE		438,935	0	0
TD Ameritrade Holding Corp.	COM	87236Y108	6	170	SH		OTR		170	0	0
The PNC Financial Services Gro	COM	693475105	220	2,297	SH		SOLE		2,297	0	0
TripAdvisor, Inc.	COM	896945201	12,673	145,435	SH		SOLE		145,435	0	0
TripAdvisor, Inc.	COM	896945201	13	150	SH		OTR		150	0	0
Twitter, Inc.	COM	90184L102	12,768	352,503	SH		SOLE		352,503	0	0
Twitter, Inc.	COM	90184L102	24	660	SH		OTR		660	0	0
U S Bancorp.	COM	902973304	424	9,759	SH		SOLE		9,759	0	0
Under Armour, Inc.	COM	904311107	29,182	349,736	SH		SOLE		349,736	0	0
Under Armour, Inc.	COM	904311107	6	70	SH		OTR		70	0	0
United Technologies, Inc.	COM	913017109	357	3,221	SH		SOLE		3,221	0	0
United Therapeutics Corp.	COM	91307C102	25,376	145,883	SH		SOLE		145,883	0	0
Unitedhealth Group, Inc.	COM	91324P102	509	4,173	SH		SOLE		4,173	0	0
V.F. Corporation	COM	918204108	21,495	308,212	SH		SOLE		308,212	0	0
V.F. Corporation	COM	918204108	39	560	SH		OTR		560	0	0
Verizon Communications Inc.	COM	92343V104	6,114	131,179	SH		SOLE		131,179	0	0
Verizon Communications Inc.	COM	92343V104	60	1,280	SH		OTR		1,280	0	0
Visa Inc.	COM	92826C839	319	4,745	SH		SOLE		4,745	0	0
Wal-Mart Company, Inc.	COM	931142103	996	14,036	SH		SOLE		14,036	0	0
Walt Disney Company, Inc.	COM	254687106	721	6,316	SH		SOLE		6,316	0	0
Washington REIT	COM	939653101	971	37,400	SH		SOLE		37,400	0	0
Wells Fargo Inc.	COM	949746101	1,262	22,440	SH		SOLE		22,440	0	0
Yahoo, Inc.	COM	984332106	216	5,500	SH		SOLE		5,500	0	0
Yum! Brands, Inc.	COM	988498101	17,888	198,582	SH		SOLE		198,582	0	0
Yum! Brands, Inc.	COM	988498101	41	460	SH		OTR		460	0	0
Aegon NV Preferred 6.375%	PFD	007924301	405	16,100	SH		SOLE		16,100	0	0
Bank of America Corp. PRFD 6.5	PFD	060505310	447	17,715	SH		SOLE		17,715	0	0
Bank of America Corp. PRFD 6.5	PFD	060505310	77	3,050	SH		OTR		3,050	0	0
BG&E Cap Trust II 6.20% Prefer	PFD	05541Q206	1,502	59,143	SH		SOLE		59,143	0	0
Goldman Sachs- Series B Pfd. 6	PFD	38141GCM4	263	10,400	SH		SOLE		10,400	0	0
Goldman Sachs Group, Inc. 6.12	PFD	38145X111	1,463	57,720	SH		SOLE		57,720	0	0
Hospitality Properties Trust-	PFD	44106M607	361	14,145	SH		SOLE		14,145	0	0
Metlife Inc. 6.5% Pfd Non-cumu	PFD	59156R603	1,247	49,880	SH		SOLE		49,880	0	0
Partnerre Ltd. 6.5% Perpetual	PFD	G68603409	453	18,005	SH		SOLE		18,005	0	0
Partnerre Ltd. 6.5% Perpetual	PFD	G68603409	25	1,000	SH		OTR		1,000	0	0
Qwest Corporation 7.50% Notes	PFD	74913G303	246	9,425	SH		SOLE		9,425	0	0
Wells Fargo & Co. PRFD 'T' 6%	PFD	949746366	163	6,425	SH		SOLE		6,425	0	0
Wells Fargo & Co. PRFD 'T' 6%	PFD	949746366	77	3,050	SH		OTR		3,050	0	0
Alliance Bernstein Global High	ETF	01879R106	169	14,100	SH		SOLE		14,100	0	0
AllianzGI Convertible & Income	ETF	018828103	440	54,225	SH		SOLE		54,225	0	0
AllianzGI Convertible & Income	ETF	018828103	8	1,000	SH		OTR		1,000	0	0
ALPS Alerian MLP ETF	ETF	00162Q866	6,834	439,209	SH		SOLE		439,209	0	0
ALPS Alerian MLP ETF	ETF	00162Q866	54	3,480	SH		OTR		3,480	0	0
BlackRock Corporate High Yield	ETF	09255P107	523	48,500	SH		SOLE		48,500	0	0
Calamos Cnv High Income Fund	ETF	12811P108	607	45,710	SH		SOLE		45,710	0	0
Calamos Conv Opportunity Fund	ETF	128117108	1,947	159,460	SH		SOLE		159,460	0	0
Calamos Conv Opportunity Fund	ETF	128117108	16	1,300	SH		OTR		1,300	0	0
Cohen & Steers Select Infrastr	ETF	19248A109	197	9,358	SH		SOLE		9,358	0	0
Cohen & Steers Select Infrastr	ETF	19248A109	39	1,836	SH		OTR		1,836	0	0
Global X SuperDividend ETF	ETF	37950E549	4,326	195,310	SH		SOLE		195,310	0	0
Global X SuperDividend ETF	ETF	37950E549	204	9,200	SH		OTR		9,200	0	0
iShares Dow Jones U.S. Healthc	ETF	464287762	244	1,537	SH		SOLE		1,537	0	0
iShares Dow Jones US Consumer	ETF	464287812	203	1,935	SH		SOLE		1,935	0	0
iShares Dow Jones US Industria	ETF	464287754	205	1,947	SH		SOLE		1,947	0	0
iShares FTSE/Xinhua China 25 I	ETF	464287184	309	6,710	SH		SOLE		6,710	0	0
iShares iBoxx $ Invest Grade C	ETF	464287242	543	4,690	SH		SOLE		4,690	0	0
iShares MSCI EAFE Index Fund	ETF	464287465	2,577	40,589	SH		SOLE		40,589	0	0
iShares MSCI Emerging Markets	ETF	464287234	604	15,255	SH		SOLE		15,255	0	0
iShares MSCI Emerging Markets	ETF	464287234	5	115	SH		OTR		115	0	0
Ishares MSCI Finland Capped ET	ETF	46429B515	350	10,775	SH		SOLE		10,775	0	0
iShares MSCI Ireland Capped ET	ETF	46429B507	308	7,875	SH		SOLE		7,875	0	0
iShares MSCI Philippines ETF	ETF	46429B408	346	8,995	SH		SOLE		8,995	0	0
iShares MSCI Switzerland Index	ETF	464286749	472	14,425	SH		SOLE		14,425	0	0
iShares Russell 1000 Growth	ETF	464287614	400	4,036	SH		SOLE		4,036	0	0
iShares Russell 1000 Growth	ETF	464287614	62	625	SH		OTR		625	0	0
iShares Russell 2000 Index Fun	ETF	464287655	3,593	28,772	SH		SOLE		28,772	0	0
iShares Russell 2000 Index Fun	ETF	464287655	11	90	SH		OTR		90	0	0
iShares Russell MidCap Index F	ETF	464287499	415	2,439	SH		SOLE		2,439	0	0
iShares TR Barclays Aggregate	ETF	464287226	961	8,830	SH		SOLE		8,830	0	0
iShares TR Barclays Aggregate	ETF	464287226	8	75	SH		OTR		75	0	0
iShares Trust Iboxx $ High Yie	ETF	464288513	1,147	12,915	SH		SOLE		12,915	0	0
iShares Trust Iboxx $ High Yie	ETF	464288513	57	640	SH		OTR		640	0	0
iShares Trust Nasdaq Biotech I	ETF	464287556	342	927	SH		SOLE		927	0	0
iShares Trust S&P 500 Index	ETF	464287200	7,293	35,195	SH		SOLE		35,195	0	0
iShares Trust S&P 500 Index	ETF	464287200	41	200	SH		OTR		200	0	0
Kayne Anderson MLP Investment	ETF	486606106	604	19,690	SH		SOLE		19,690	0	0
PowerShares QQQ Trust	ETF	73935A104	326	3,043	SH		SOLE		3,043	0	0
PowerShares QQQ Trust	ETF	73935A104	117	1,097	SH		OTR		1,097	0	0
SPDR DJ Wilshire REIT ETF	ETF	78464A607	2,139	25,347	SH		SOLE		25,347	0	0
SPDR Dow Jones Industrial Aver	ETF	78467X109	454	2,581	SH		SOLE		2,581	0	0
Vanguard Consumer Discretionar	ETF	92204A108	252	2,030	SH		SOLE		2,030	0	0
Vanguard Large Cap	ETF	922908637	247	2,605	SH		SOLE		2,605	0	0
Vanguard Mid Cap ETF	ETF	922908629	5,155	40,454	SH		SOLE		40,454	0	0
Vanguard MSCI EAFE ETF	ETF	921943858	4,548	114,715	SH		SOLE		114,715	0	0
Vanguard MSCI EAFE ETF	ETF	921943858	16	400	SH		OTR		400	0	0
Vanguard MSCI Emerging Markets	ETF	922042858	3,059	74,832	SH		SOLE		74,832	0	0
Vanguard MSCI Emerging Markets	ETF	922042858	16	400	SH		OTR		400	0	0
Vanguard MSCI Europe ETF	ETF	922042874	975	18,065	SH		SOLE		18,065	0	0
Vanguard REIT ETF	ETF	922908553	6,569	87,946	SH		SOLE		87,946	0	0
Vanguard REIT ETF	ETF	922908553	4	50	SH		OTR		50	0	0
Vanguard Small Cap ETF	ETF	922908751	7,314	60,209	SH		SOLE		60,209	0	0
Western Asset Managed High	ETF	95766L107	207	41,900	SH		SOLE		41,900	0	0
Western Asst High Incm Opprtnt	ETF	95766K109	309	60,000	SH		SOLE		60,000	0	0