Folger Nolan Fleming Douglas 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

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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
EATON VANCE NAT LIM MATURITY T	MF	27826H784	277	29,752	SH		SOLE		0	0	29,752
FEDERATED SHORT TERM MUNI TR I	MF	313907206	287	27,965	SH		SOLE		0	0	27,965
FRANKLIN INCOME FUND	MF	353496805	77	32,681	SH		SOLE		0	0	32,681
HIGHLAND FDS I FLTG RATE OPPOR	MF	430101790	106	14,505	SH		SOLE		0	0	14,505
INVESCO GLOBAL CORE EQUITY FUN	MF	00141L103	200	12,934	SH		SOLE		0	0	12,934
MASS INVESTMENT TRUST CLASS A	MF	575736103	592	19,158	SH		SOLE		0	0	19,158
NUVEEN INSD DIV ADV MUNI FD CO	MF	67071L106	658	43,429	SH		SOLE		0	0	43,429
NUVEEN MD PREMIUM INC MUNICIPA	MF	67061Q107	299	23,025	SH		SOLE		0	0	23,025
PIMCO REAL RETURN BOND FD CL C	MF	693391146	153	13,953	SH		SOLE		0	0	13,953
PUTNAM MUNI OPPORTUNITIES TR S	MF	746922103	153	12,262	SH		SOLE		0	0	12,262
TEMPLETON GLOBAL BOND FUND CL	MF	880208103	200	16,397	SH		SOLE		0	0	16,397
VANGUARD MONEY MARKET RESERVES	MF	922906201	63	62,934	SH		SOLE		0	0	62,934
WASHINGTON MUTUAL INVESTORS FUND	MF	939330106	736	17,370	SH		SOLE		0	0	17,370
3M CO.	COM	88579Y101	4,052	19,461	SH		SOLE		0	0	19,461
ABBOTT LABORATORIES	COM	002824100	4,909	100,991	SH		SOLE		0	0	100,991
ABBVIE INC	COM	00287Y109	1,827	25,197	SH		SOLE		0	0	25,197
ADOBE SYSTEMS INCORPORATED	COM	00724F101	1,935	13,682	SH		SOLE		0	0	13,682
ADOBE SYSTEMS INCORPORATED	COM	00724F101	32	225	SH		OTR		0	0	225
ALLSTATE CORPORATION	COM	020002101	724	8,182	SH		SOLE		0	0	8,182
ALPHABET INC NON-VOTING CL C	COM	02079K107	1,471	1,619	SH		SOLE		0	0	1,619
ALPHABET INC NON-VOTING CL C	COM	02079K107	9	10	SH		OTR		0	0	10
ALPHABET INC VOTING CL A	COM	02079K305	463	498	SH		SOLE		0	0	498
ALPHABET INC VOTING CL A	COM	02079K305	9	10	SH		OTR		0	0	10
ALTRIA GROUP	COM	02209S103	354	4,760	SH		SOLE		0	0	4,760
AMAZON.COM INC	COM	023135106	2,231	2,305	SH		SOLE		0	0	2,305
AMERICAN EXPRESS INC	COM	025816109	2,007	23,827	SH		SOLE		0	0	23,827
AMERICAN EXPRESS INC	COM	025816109	18	210	SH		OTR		0	0	210
AMGEN INC	COM	031162100	765	4,441	SH		SOLE		0	0	4,441
AMGEN INC	COM	031162100	19	110	SH		OTR		0	0	110
ANADARKO PETROLEUM CORP	COM	032511107	332	7,319	SH		SOLE		0	0	7,319
ANADARKO PETROLEUM CORP	COM	032511107	4	80	SH		OTR		0	0	80
APACHE CORP	COM	037411105	939	19,592	SH		SOLE		0	0	19,592
APACHE CORP	COM	037411105	5	100	SH		OTR		0	0	100
APPLE INC	COM	037833100	5,359	37,211	SH		SOLE		0	0	37,211
AQUA AMERICA	COM	03836W103	4,796	144,025	SH		SOLE		0	0	144,025
AQUA AMERICA	COM	03836W103	8	231	SH		OTR		0	0	231
ARCHER DANIELS MIDLAND CO	COM	039483102	1,173	28,336	SH		SOLE		0	0	28,336
ARCHER DANIELS MIDLAND CO	COM	039483102	12	280	SH		OTR		0	0	280
AT&T CORP NEW	COM	00206R102	3,645	96,620	SH		SOLE		0	0	96,620
ATMOS ENERGY CORP	COM	049560105	910	10,970	SH		SOLE		0	0	10,970
BANK OF AMERICA	COM	060505104	793	32,688	SH		SOLE		0	0	32,688
BANK OF NEW YORK MELLON CORP	COM	064058100	1,234	24,184	SH		SOLE		0	0	24,184
BANK OF NEW YORK MELLON CORP	COM	064058100	25	490	SH		OTR		0	0	490
BECTON DICKINSON	COM	075887109	8,755	44,872	SH		SOLE		0	0	44,872
BERKSHIRE HATHAWAY INC DEL CLA	COM	084670108	3,820	15	SH		SOLE		0	0	15
BERKSHIRE HATHAWAY INC DEL CLA	COM	084670702	643	3,799	SH		SOLE		0	0	3,799
BOEING	COM	097023105	2,215	11,200	SH		SOLE		0	0	11,200
BP PLC SPONS ADR	COM	055622104	410	11,828	SH		SOLE		0	0	11,828
BRISTOL-MYERS SQUIBB COMPANY	COM	110122108	954	17,113	SH		SOLE		0	0	17,113
BUCKEYE PARTNERS LP LTD PARTNE	COM	118230101	554	8,659	SH		SOLE		0	0	8,659
C S X CORPORATION	COM	126408103	415	7,600	SH		SOLE		0	0	7,600
CABLE ONE INC	COM	12685J105	279	392	SH		SOLE		0	0	392
CATERPILLAR INCORPORATED	COM	149123101	3,906	36,346	SH		SOLE		0	0	36,346
CATERPILLAR INCORPORATED	COM	149123101	14	130	SH		OTR		0	0	130
CHEMOURS CO	COM	163851108	28,340	747,374	SH		SOLE		0	0	747,374
CHEVRON CORP	COM	166764100	6,965	66,763	SH		SOLE		0	0	66,763
CHEVRON CORP	COM	166764100	19	185	SH		OTR		0	0	185
CHURCH & DWIGHT CO INC	COM	171340102	7,961	153,458	SH		SOLE		0	0	153,458
CHURCH & DWIGHT CO INC	COM	171340102	11	210	SH		OTR		0	0	210
CIMAREX ENERGY CO.	COM	171798101	376	4,000	SH		SOLE		0	0	4,000
CISCO SYSTEMS INC	COM	17275R102	4,547	145,261	SH		SOLE		0	0	145,261
CISCO SYSTEMS INC	COM	17275R102	16	500	SH		OTR		0	0	500
COASTAL CARIBBEAN OILS & MINER	COM	190432203	0	69,910	SH		SOLE		0	0	69,910
COCA-COLA COMPANY	COM	191216100	2,076	46,293	SH		SOLE		0	0	46,293
COLGATE-PALMOLIVE COMPANY	COM	194162103	849	11,447	SH		SOLE		0	0	11,447
COMCAST CORP NEW CL A	COM	20030N101	631	16,221	SH		SOLE		0	0	16,221
CONOCOPHILLIPS	COM	20825C104	271	6,159	SH		SOLE		0	0	6,159
CORNING INC.	COM	219350105	730	24,300	SH		SOLE		0	0	24,300
CVS CAREMARK CORPORATION	COM	126650100	672	8,358	SH		SOLE		0	0	8,358
DANAHER CORP	COM	235851102	324	3,841	SH		SOLE		0	0	3,841
DANAHER CORP	COM	235851102	14	160	SH		OTR		0	0	160
DELL TECHNOLOGIES CL V	COM	24703L103	309	5,060	SH		SOLE		0	0	5,060
DENTSPLY SIRONA INC	COM	24906P109	6,568	101,288	SH		SOLE		0	0	101,288
DISCOVER FINANCIAL SERVICES	COM	254709108	509	8,177	SH		SOLE		0	0	8,177
DOMINION RESOURCES INC OF VA	COM	25746U109	3,439	44,880	SH		SOLE		0	0	44,880
DOMINION RESOURCES INC OF VA	COM	25746U109	7	85	SH		OTR		0	0	85
DOW CHEMICAL COMPANY (THE)	COM	260543103	577	9,150	SH		SOLE		0	0	9,150
DTE ENERGY	COM	233331107	319	3,011	SH		SOLE		0	0	3,011
DU PONT (E.I.) DE NEMOURS & CO	COM	263534109	208,751	2,586,432	SH		SOLE		0	0	2,586,432
DU PONT (E.I.) DE NEMOURS & CO	COM	263534109	12	150	SH		OTR		0	0	150
DUKE ENERGY CORP	COM	26441C204	1,384	16,561	SH		SOLE		0	0	16,561
ELI LILLY & CO	COM	532457108	335	4,066	SH		SOLE		0	0	4,066
EMERSON ELECTRIC CO.	COM	291011104	959	16,079	SH		SOLE		0	0	16,079
ENBRIDGE INC.	COM	29250N105	2,169	54,478	SH		SOLE		0	0	54,478
EXPRESS SCRIPTS HLDG CO	COM	30219G108	223	3,500	SH		SOLE		0	0	3,500
EXXON MOBIL CORPORATION	COM	30231G102	15,223	188,567	SH		SOLE		0	0	188,567
EXXON MOBIL CORPORATION	COM	30231G102	15	180	SH		OTR		0	0	180
FEDERAL REALTY INV TR S B I	COM	313747206	1,329	10,514	SH		SOLE		0	0	10,514
FEDEX CORP	COM	31428X106	6,162	28,355	SH		SOLE		0	0	28,355
FRANKLIN RESOURCES INC	COM	354613101	1,107	24,719	SH		SOLE		0	0	24,719
GENERAL ELECTRIC COMPANY	COM	369604103	11,183	414,014	SH		SOLE		0	0	414,014
GENERAL ELECTRIC COMPANY	COM	369604103	6	205	SH		OTR		0	0	205
GENERAL MILLS INC	COM	370334104	996	17,979	SH		SOLE		0	0	17,979
GRAHAM HOLDINGS CO.	COM	384637104	258	430	SH		SOLE		0	0	430
HARLEY DAVIDSON INC	COM	412822108	249	4,600	SH		SOLE		0	0	4,600
HEALTH CARE PPTY INVS	COM	40414L109	253	7,924	SH		SOLE		0	0	7,924
HERSHEY COMPANY	COM	427866108	1,447	13,477	SH		SOLE		0	0	13,477
HOME DEPOT	COM	437076102	799	5,210	SH		SOLE		0	0	5,210
HONEYWELL INTERNATIONAL INC	COM	438516106	2,512	18,843	SH		SOLE		0	0	18,843
HORMEL FOODS CORP	COM	440452100	237	6,960	SH		SOLE		0	0	6,960
HOST HOTELS & RESORTS	COM	44107P104	278	15,229	SH		SOLE		0	0	15,229
ILLINOIS TOOL WORKS INC.	COM	452308109	10,199	71,195	SH		SOLE		0	0	71,195
ILLINOIS TOOL WORKS INC.	COM	452308109	14	100	SH		OTR		0	0	100
INTEL CORP COM	COM	458140100	4,365	129,376	SH		SOLE		0	0	129,376
INTEL CORP COM	COM	458140100	21	620	SH		OTR		0	0	620
INTERNATIONAL BUSINESS MACHINE	COM	459200101	4,405	28,636	SH		SOLE		0	0	28,636
INTERNATIONAL FLAVORS & FRAGRA	COM	459506101	202	1,500	SH		SOLE		0	0	1,500
INTERNATIONAL PAPER CO	COM	460146103	329	5,809	SH		SOLE		0	0	5,809
INTUIT INC	COM	461202103	478	3,600	SH		SOLE		0	0	3,600
ISHARES MSCI EAFE INDEX	COM	464287465	480	7,364	SH		SOLE		0	0	7,364
ISHARES NASDAQ BIOTECH INDEX	COM	464287556	4,194	13,524	SH		SOLE		0	0	13,524
ISHARES RUSSELL 2000 IDX	COM	464287655	4,305	30,548	SH		SOLE		0	0	30,548
ISHARES RUSSELL MIDCAP INDEX	COM	464287499	5,701	29,676	SH		SOLE		0	0	29,676
JOHNSON & JOHNSON	COM	478160104	16,226	122,654	SH		SOLE		0	0	122,654
JOHNSON & JOHNSON	COM	478160104	28	210	SH		OTR		0	0	210
JPMORGAN CHASE & CO.	COM	46625H100	8,370	91,576	SH		SOLE		0	0	91,576
JPMORGAN CHASE & CO.	COM	46625H100	24	260	SH		OTR		0	0	260
KELLOGG COMPANY	COM	487836108	3,803	54,751	SH		SOLE		0	0	54,751
KEYCORP	COM	493267108	236	12,600	SH		SOLE		0	0	12,600
KIMBERLY-CLARK CORP	COM	494368103	3,030	23,472	SH		SOLE		0	0	23,472
LABORATORY CORP OF AMERICA	COM	50540R409	382	2,480	SH		SOLE		0	0	2,480
LABORATORY CORP OF AMERICA	COM	50540R409	7	47	SH		OTR		0	0	47
LOCKHEED MARTIN	COM	539830109	558	2,010	SH		SOLE		0	0	2,010
LOWES COS	COM	548661107	9,499	122,523	SH		SOLE		0	0	122,523
LOWES COS	COM	548661107	20	260	SH		OTR		0	0	260
M & T BANK CORP	COM	55261F104	2,440	15,065	SH		SOLE	��	0	0	15,065
MANPOWER INC WISCONSIN	COM	56418H100	527	4,724	SH		SOLE		0	0	4,724
MARRIOTT INTERNATIONAL, NEW IN	COM	571903202	5,635	56,171	SH		SOLE		0	0	56,171
MARRIOTT VACATIONS WORLDWIDE C	COM	57164Y107	319	2,705	SH		SOLE		0	0	2,705
MC DONALD'S CORPORATION	COM	580135101	8,805	57,487	SH		SOLE		0	0	57,487
MC DONALD'S CORPORATION	COM	580135101	17	110	SH		OTR		0	0	110
MEDTRONIC INC	COM	G5960L103	429	4,831	SH		SOLE		0	0	4,831
MERCK & COMPANY INCORPORATED N	COM	58933Y105	4,738	73,934	SH		SOLE		0	0	73,934
MERCK & COMPANY INCORPORATED N	COM	58933Y105	13	200	SH		OTR		0	0	200
MICROSOFT CORPORATION	COM	594918104	10,798	156,650	SH		SOLE		0	0	156,650
MICROSOFT CORPORATION	COM	594918104	52	760	SH		OTR		0	0	760
MONDELEZ INTL INC	COM	609207105	205	4,747	SH		SOLE		0	0	4,747
MORGAN STANLEY & CO	COM	617446448	758	17,018	SH		SOLE		0	0	17,018
MOTOROLA SOLUTIONS, INC	COM	620076307	450	5,191	SH		SOLE		0	0	5,191
NATIONAL FUEL GAS CO	COM	636180101	216	3,868	SH		SOLE		0	0	3,868
NEXTERA ENERGY	COM	65339F101	3,169	22,615	SH		SOLE		0	0	22,615
NEXTERA ENERGY	COM	65339F101	8	60	SH		OTR		0	0	60
NORFOLK SOUTHERN CORP	COM	655844108	230	1,887	SH		SOLE		0	0	1,887
NORTHERN TRUST CORP	COM	665859104	1,011	10,400	SH		SOLE		0	0	10,400
ORACLE CORP	COM	68389X105	445	8,868	SH		SOLE		0	0	8,868
PEPSICO INCORPORATED	COM	713448108	11,620	100,612	SH		SOLE		0	0	100,612
PEPSICO INCORPORATED	COM	713448108	8	65	SH		OTR		0	0	65
PEREGRINE PHARMACEUTICAL	COM	713661304	6	10,000	SH		SOLE		0	0	10,000
PFIZER INCORPORATED	COM	717081103	1,266	37,694	SH		SOLE		0	0	37,694
PHILIP MORRIS INTERNATIONAL	COM	718172109	605	5,150	SH		SOLE		0	0	5,150
PHILLIPS 66	COM	718546104	383	4,626	SH		SOLE		0	0	4,626
PIONEER NAT RES CO	COM	723787107	255	1,600	SH		SOLE		0	0	1,600
PNC FINANCIAL SERVICES GROUP	COM	693475105	436	3,494	SH		SOLE		0	0	3,494
POWERSHARES QQQ TR ETF SERIES	COM	73935A104	855	6,211	SH		SOLE		0	0	6,211
PRAXAIR INC	COM	74005P104	307	2,319	SH		SOLE		0	0	2,319
PROCTER & GAMBLE COMPANY	COM	742718109	13,336	153,026	SH		SOLE		0	0	153,026
PROCTER & GAMBLE COMPANY	COM	742718109	17	200	SH		OTR		0	0	200
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	342	7,950	SH		SOLE		0	0	7,950
RAYTHEON COMPANY NEW	COM	755111507	468	2,900	SH		SOLE		0	0	2,900
SAUL CENTERS INC.	COM	804395101	461	7,950	SH		SOLE		0	0	7,950
SAUL CENTERS INC.	COM	804395101	7	128	SH		OTR		0	0	128
SCHLUMBERGER LIMITED	COM	806857108	244	3,701	SH		SOLE		0	0	3,701
SELECT SECTOR SPDR TR UTILITIE	COM	81369Y886	249	4,800	SH		SOLE		0	0	4,800
SMUCKER J.M. CO	COM	832696405	592	5,006	SH		SOLE		0	0	5,006
SOUTHERN COMPANY (THE)	COM	842587107	4,156	86,791	SH		SOLE		0	0	86,791
SYSCO CORPORATION	COM	871829107	1,094	21,745	SH		SOLE		0	0	21,745
T ROWE PRICE GROUP INC.	COM	74144T108	8,230	110,907	SH		SOLE		0	0	110,907
T ROWE PRICE GROUP INC.	COM	74144T108	16	210	SH		OTR		0	0	210
TARGET CORP	COM	87612E106	876	16,754	SH		SOLE		0	0	16,754
TEXAS INSTRUMENTS	COM	882508104	492	6,400	SH		SOLE		0	0	6,400
THE TRAVELERS COS INC	COM	89417E109	577	4,560	SH		SOLE		0	0	4,560
THERMO FISHER SCIENTIFIC	COM	883556102	300	1,720	SH		SOLE		0	0	1,720
UDR INC	COM	902653104	836	21,449	SH		SOLE		0	0	21,449
UNILEVER	COM	904784709	265	4,800	SH		SOLE		0	0	4,800
UNION PACIFIC CORP	COM	907818108	3,874	35,574	SH		SOLE		0	0	35,574
UNITED HEALTHCARE CORP	COM	91324P102	4,498	24,257	SH		SOLE		0	0	24,257
UNITED TECHNOLOGIES CORP COM	COM	913017109	7,176	58,769	SH		SOLE		0	0	58,769
UNITED TECHNOLOGIES CORP COM	COM	913017109	15	125	SH		OTR		0	0	125
US BANCORP DEL (NEW)	COM	902973304	251	4,836	SH		SOLE		0	0	4,836
VANGUARD EMERGING MARKETS ETF	COM	922042858	668	16,360	SH		SOLE		0	0	16,360
VANGUARD FTSE DEVELOPED MARKET	COM	921943858	1,184	28,654	SH		SOLE		0	0	28,654
VANGUARD INFORMATION TECHNOLOG	COM	92204A702	31,387	222,858	SH		SOLE		0	0	222,858
VANGUARD MID CAP ETF	COM	922908629	3,729	26,164	SH		SOLE		0	0	26,164
VANGUARD S&P ETF	COM	922908363	1,039	4,677	SH		SOLE		0	0	4,677
VANGUARD SMALL CAP ETF	COM	922908751	2,917	21,522	SH		SOLE		0	0	21,522
VANGUARD TOTAL STOCK MARKET	COM	922908769	1,665	13,375	SH		SOLE		0	0	13,375
VERIZON COMMUNICATIONS	COM	92343V104	2,504	56,069	SH		SOLE		0	0	56,069
VISA INC CLASS A	COM	92826C839	6,815	72,670	SH		SOLE		0	0	72,670
VULCAN MATERIALS CO	COM	929160109	304	2,400	SH		SOLE		0	0	2,400
WAL-MART STORES INC	COM	931142103	263	3,477	SH		SOLE		0	0	3,477
WALGREENS BOOTS ALLIANCE, INC.	COM	931427108	6,414	81,904	SH		SOLE		0	0	81,904
WALGREENS BOOTS ALLIANCE, INC.	COM	931427108	16	205	SH		OTR		0	0	205
WALT DISNEY COMPANY	COM	254687106	5,975	56,232	SH		SOLE		0	0	56,232
WALT DISNEY COMPANY	COM	254687106	18	165	SH		OTR		0	0	165
WASH REAL ESTATE INV TRUST S B	COM	939653101	2,983	93,515	SH		SOLE		0	0	93,515
WASTE CONNECTIONS INC	COM	94106B101	279	4,333	SH		SOLE		0	0	4,333
WEINGARTEN REALTY INVS S B I	COM	948741103	2,599	86,331	SH		SOLE		0	0	86,331
WELLS FARGO & CO. NEW	COM	949746101	8,196	147,907	SH		SOLE		0	0	147,907
WELLS FARGO & CO. NEW	COM	949746101	22	395	SH		OTR		0	0	395
WEYERHAEUSER CO	COM	962166104	536	16,004	SH		SOLE		0	0	16,004
WGL HLDGS INC	COM	92924F106	2,058	24,671	SH		SOLE		0	0	24,671
WHOLE FOODS MARKET	COM	966837106	905	21,495	SH		SOLE		0	0	21,495
WHOLE FOODS MARKET	COM	966837106	19	455	SH		OTR		0	0	455
YUM BRANDS INC	COM	988498101	224	3,040	SH		SOLE		0	0	3,040
ZIMMER BIOMET HOLDINGS INC.	COM	98956P102	634	4,935	SH		SOLE		0	0	4,935