Kelly Lawrence W & Associates 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
Wells Fargo & Co New Perp Pfd	CV PFD	949746804	1,066	845	SH		SOLE		575	0	270
Wells Fargo & Co New Perp Pfd	CV PFD	949746804	404	320	SH		OTR		100	0	220
AG Mortgage Inv Tr 8 Pfd Ser B	PRD	001228303	208	8,600	SH		SOLE		2,000	0	6,600
AG Mortgage Inv Tr 8 Pfd Ser B	PRD	001228303	82	3,400	SH		OTR		2,000	0	1,400
AG Mortgage Inv Tr 8.25 Pfd Se	PRD	001228204	220	9,100	SH		SOLE		0	0	9,100
AG Mortgage Inv Tr 8.25 Pfd Se	PRD	001228204	48	2,000	SH		OTR		0	0	2,000
Anworth Mortgage Asset 7.625 P	PRD	037347408	48	2,000	SH		OTR		2,000	0	0
Capital One Finl Pfd Ser H	PRD	14040H840	42	1,700	SH		OTR		0	0	1,700
Golar LNG Partners LP 8.75 Cum	PRD	Y2745C110	47	2,000	SH		OTR		2,000	0	0
JPMorgan Chase 6.15 Pfd Ser H	PRD	48127V827	263	10,200	SH		SOLE		0	0	10,200
JPMorgan Chase 6.15 Pfd Ser H	PRD	48127V827	49	1,900	SH		OTR		0	0	1,900
Pennymac Mtg Invt Tr Pfd Ser A	PRD	70931T301	48	2,000	SH		OTR		2,000	0	0
Two Harbor Invt Corp 7.50 Cum	PRD	90187B705	744	32,450	SH		SOLE		17,550	0	14,900
Two Harbor Invt Corp 7.50 Cum	PRD	90187B705	305	13,300	SH		OTR		7,700	0	5,600
3M Co.	COM	88579Y101	553	2,902	SH		SOLE		225	0	2,677
3M Co.	COM	88579Y101	322	1,690	SH		OTR		124	0	1,566
AFLAC Inc.	COM	001055102	2,931	64,330	SH		SOLE		52,542	0	11,788
AFLAC Inc.	COM	001055102	126	2,756	SH		OTR		156	0	2,600
AT&T Inc	COM	00206R102	443	15,525	SH		SOLE		125	0	15,400
AT&T Inc	COM	00206R102	2	81	SH		OTR		81	0	0
AbbVie Inc.	COM	00287Y109	1,014	10,995	SH		SOLE		4,235	0	6,760
AbbVie Inc.	COM	00287Y109	475	5,150	SH		OTR		250	0	4,900
Abbott Labs	COM	002824100	131	1,810	SH		SOLE		0	0	1,810
Abbott Labs	COM	002824100	369	5,100	SH		OTR		0	0	5,100
Adobe Sys Inc Com	COM	00724F101	28	124	SH		SOLE		124	0	0
Adobe Sys Inc Com	COM	00724F101	68	300	SH		OTR		0	0	300
Advanced Micro Devices Com	COM	007903107	15,809	856,400	SH		SOLE		386,900	0	469,500
Advanced Micro Devices Com	COM	007903107	286	15,500	SH		OTR		0	0	15,500
Albemarle Corp.	COM	012653101	113	1,463	SH		SOLE		1,463	0	0
Albemarle Corp.	COM	012653101	496	6,438	SH		OTR		6,438	0	0
Allergan	COM	G0177J108	1,390	10,398	SH		SOLE		3,211	0	7,187
Allergan	COM	G0177J108	117	875	SH		OTR		175	0	700
Alphabet Inc Cap Stk Cl A	COM	02079K305	17,317	16,572	SH		SOLE		8,734	0	7,838
Alphabet Inc Cap Stk Cl A	COM	02079K305	964	923	SH		OTR		273	0	650
Alphabet Inc Cap Stk Cl C	COM	02079K107	5,799	5,600	SH		SOLE		2,536	0	3,064
Alphabet Inc Cap Stk Cl C	COM	02079K107	199	192	SH		OTR		114	0	78
Amazon Com Inc Com	COM	023135106	200	133	SH		SOLE		8	0	125
Amer States Water Co	COM	029899101	186	2,780	SH		OTR		0	0	2,780
Amgen, Inc. Com	COM	031162100	670	3,440	SH		SOLE		1,765	0	1,675
Amgen, Inc. Com	COM	031162100	63	322	SH		OTR		122	0	200
Apache Corp	COM	037411105	176	6,710	SH		SOLE		1,310	0	5,400
Apache Corp	COM	037411105	17	650	SH		OTR		300	0	350
Apple, Inc.	COM	037833100	22,878	145,036	SH		SOLE		81,778	0	63,258
Apple, Inc.	COM	037833100	1,531	9,704	SH		OTR		3,250	0	6,454
Applied Materials Inc.	COM	038222105	3,064	93,585	SH		SOLE		74,385	0	19,200
Applied Materials Inc.	COM	038222105	171	5,220	SH		OTR		500	0	4,720
Aptiv PLC	COM	G6095L109	8,997	146,120	SH		SOLE		68,520	0	77,600
Aptiv PLC	COM	G6095L109	447	7,255	SH		OTR		2,980	0	4,275
Avery Dennison Corp.	COM	053611109	278	3,100	SH		OTR		3,100	0	0
B&G Foods Inc.	COM	05508R106	1,243	43,000	SH		SOLE		23,800	0	19,200
B&G Foods Inc.	COM	05508R106	64	2,200	SH		OTR		1,400	0	800
BP PLC Spons ADR	COM	055622104	140	3,700	SH		SOLE		0	0	3,700
BP PLC Spons ADR	COM	055622104	207	5,449	SH		OTR		0	0	5,449
Bank of New York Mellon	COM	064058100	19	400	SH		OTR		0	0	400
Berkshire Hathaway Cl B	COM	084670207	366	1,792	SH		SOLE		1,792	0	0
Berkshire Hathaway Cl B	COM	084670207	11	55	SH		OTR		0	0	55
Boeing Co.	COM	097023105	260	805	SH		SOLE		50	0	755
Bright Horizons Family Solutio	COM	109194100	13,753	123,400	SH		SOLE		59,900	0	63,500
Bright Horizons Family Solutio	COM	109194100	602	5,405	SH		OTR		355	0	5,050
Bristol Myers Squibb C	COM	110122108	18	350	SH		SOLE		350	0	0
Broadridge Financial Solutions	COM	11133T103	15,809	164,248	SH		SOLE		81,558	0	82,690
Broadridge Financial Solutions	COM	11133T103	713	7,410	SH		OTR		3,360	0	4,050
CSX Corp	COM	126408103	40	650	SH		SOLE		650	0	0
CVS Caremark Corp	COM	126650100	61	931	SH		SOLE		0	0	931
CVS Caremark Corp	COM	126650100	64	981	SH		OTR		0	0	981
California Wtr Svc Group	COM	130788102	143	3,000	SH		SOLE		0	0	3,000
Capital One Finl Corp	COM	14040H105	12,238	161,894	SH		SOLE		71,830	0	90,064
Capital One Finl Corp	COM	14040H105	408	5,402	SH		OTR		600	0	4,802
Cardinal Health Inc.	COM	14149Y108	4	93	SH		SOLE		93	0	0
Celgene Corp	COM	151020104	4,668	72,837	SH		SOLE		55,152	0	17,685
Celgene Corp	COM	151020104	239	3,735	SH		OTR		2,535	0	1,200
Charles Schwab Corp (New)	COM	808513105	605	14,557	SH		SOLE		13,957	0	600
Charles Schwab Corp (New)	COM	808513105	125	3,000	SH		OTR		3,000	0	0
Chevron Corp	COM	166764100	3,561	32,736	SH		SOLE		23,313	0	9,423
Chevron Corp	COM	166764100	2,781	25,561	SH		OTR		4,252	0	21,309
Cisco Systems	COM	17275R102	5,579	128,751	SH		SOLE		92,651	0	36,100
Cisco Systems	COM	17275R102	361	8,325	SH		OTR		2,100	0	6,225
Coca Cola Co	COM	191216100	570	12,030	SH		SOLE		0	0	12,030
Coca Cola Co	COM	191216100	9	200	SH		OTR		0	0	200
Constellation Brands Inc Cl A	COM	21036P108	27	170	SH		SOLE		0	0	170
Costco Wholesale	COM	22160K105	16,886	82,894	SH		SOLE		40,028	0	42,866
Costco Wholesale	COM	22160K105	650	3,191	SH		OTR		1,156	0	2,035
DR Horton Inc	COM	23331A109	14,029	404,759	SH		SOLE		200,705	0	204,054
DR Horton Inc	COM	23331A109	669	19,306	SH		OTR		8,440	0	10,866
Danaher Corp Del COM	COM	235851102	14,803	143,548	SH		SOLE		67,753	0	75,795
Danaher Corp Del COM	COM	235851102	1,093	10,600	SH		OTR		2,845	0	7,755
Deere & Co	COM	244199105	9	63	SH		SOLE		63	0	0
Disney Walt Co Del	COM	254687106	10,972	100,066	SH		SOLE		49,030	0	51,036
Disney Walt Co Del	COM	254687106	779	7,102	SH		OTR		1,811	0	5,291
DowDupont, Inc.	COM	26078J100	685	12,800	SH		SOLE		6,050	0	6,750
DowDupont, Inc.	COM	26078J100	492	9,200	SH		OTR		4,800	0	4,400
Eaton Corp	COM	G29183103	36	530	SH		SOLE		80	0	450
Eaton Corp	COM	G29183103	130	1,900	SH		OTR		1,900	0	0
Ecolab Inc Com	COM	278865100	88	600	SH		SOLE		0	0	600
Edwards Lifesciences Inc.	COM	28176E108	7,521	49,100	SH		SOLE		4,000	0	45,100
Energy Transfer LP UT Ltd Ptn	COM	29273V100	96	7,296	SH		SOLE		0	0	7,296
Exxon Mobil Corp	COM	30231G102	928	13,608	SH		SOLE		6,250	0	7,358
Exxon Mobil Corp	COM	30231G102	193	2,823	SH		OTR		750	0	2,073
Fiserv Inc Com	COM	337738108	14,211	193,377	SH		SOLE		89,907	0	103,470
Fiserv Inc Com	COM	337738108	1,022	13,910	SH		OTR		3,840	0	10,070
Franklin Res Inc	COM	354613101	13	423	SH		SOLE		423	0	0
Garrett Motion Inc	COM	366505105	1	59	SH		SOLE		59	0	0
General Elec Co	COM	369604103	216	28,500	SH		SOLE		19,100	0	9,400
General Elec Co	COM	369604103	68	8,998	SH		OTR		850	0	8,148
Gilead Sciences Inc.	COM	375558103	1,314	21,005	SH		SOLE		5,000	0	16,005
Gilead Sciences Inc.	COM	375558103	106	1,700	SH		OTR		0	0	1,700
HP Inc	COM	40434L105	10	500	SH		SOLE		500	0	0
Halliburton Co	COM	406216101	1,442	54,250	SH		SOLE		22,525	0	31,725
Halliburton Co	COM	406216101	407	15,325	SH		OTR		7,225	0	8,100
Hewlett Packard Enterp	COM	42824C109	7	500	SH		SOLE		500	0	0
Hexcel Corp	COM	428291108	15,841	276,272	SH		SOLE		136,068	0	140,204
Hexcel Corp	COM	428291108	667	11,640	SH		OTR		940	0	10,700
Home Depot Inc	COM	437076102	13,297	77,392	SH		SOLE		37,667	0	39,725
Home Depot Inc	COM	437076102	844	4,912	SH		OTR		1,462	0	3,450
Honeywell Intl Inc	COM	438516106	78	590	SH		SOLE		590	0	0
IHS Markit LTD	COM	G47567105	149	3,100	SH		SOLE		0	0	3,100
IQVIA Holdings Inc	COM	46266C105	15,447	132,971	SH		SOLE		63,738	0	69,233
IQVIA Holdings Inc	COM	46266C105	825	7,100	SH		OTR		450	0	6,650
Int'l Bus Mach	COM	459200101	102	900	SH		OTR		0	0	900
Intel Corp	COM	458140100	392	8,355	SH		SOLE		700	0	7,655
Intel Corp	COM	458140100	19	400	SH		OTR		0	0	400
Intercontinental Exchange Grou	COM	45866F104	16,926	224,696	SH		SOLE		108,646	0	116,050
Intercontinental Exchange Grou	COM	45866F104	1,174	15,585	SH		OTR		4,175	0	11,410
Intuitive Surgical Inc Com New	COM	46120E602	69	144	SH		SOLE		0	0	144
JPMorgan Chase & Co	COM	46625H100	5,922	60,660	SH		SOLE		4,210	0	56,450
JPMorgan Chase & Co	COM	46625H100	386	3,950	SH		OTR		250	0	3,700
Johnson & Johnson	COM	478160104	16,800	130,179	SH		SOLE		60,308	0	69,871
Johnson & Johnson	COM	478160104	975	7,552	SH		OTR		2,592	0	4,960
Kimberly Clark Corp	COM	494368103	125	1,100	SH		SOLE		0	0	1,100
Lockheed Martin Corp	COM	539830109	52	200	SH		SOLE		0	0	200
Lowes Cos Inc Com	COM	548661107	45	488	SH		SOLE		0	0	488
McDonalds Corp	COM	580135101	437	2,462	SH		SOLE		0	0	2,462
McDonalds Corp	COM	580135101	75	425	SH		OTR		0	0	425
Merck & Co Inc	COM	58933Y105	9,790	128,123	SH		SOLE		100,983	0	27,140
Merck & Co Inc	COM	58933Y105	396	5,180	SH		OTR		55	0	5,125
Microsoft Corp	COM	594918104	624	6,145	SH		SOLE		2,011	0	4,134
Microsoft Corp	COM	594918104	253	2,493	SH		OTR		60	0	2,433
Nestle SA Spons ADR (For Reg)	COM	641069406	4,877	60,235	SH		SOLE		53,619	0	6,616
Nestle SA Spons ADR (For Reg)	COM	641069406	447	5,523	SH		OTR		2,500	0	3,023
Nike, Inc. Cl B	COM	654106103	9	125	SH		OTR		0	0	125
Norfolk Southern Corp	COM	655844108	179	1,200	SH		SOLE		0	0	1,200
OGE Energy Corp.	COM	670837103	19	480	SH		SOLE		480	0	0
Occidental Pete Corp D	COM	674599105	331	5,400	SH		SOLE		3,300	0	2,100
Occidental Pete Corp D	COM	674599105	43	700	SH		OTR		300	0	400
Oracle Systems Corp	COM	68389X105	388	8,600	SH		SOLE		8,000	0	600
Paccar Inc	COM	693718108	334	5,850	SH		SOLE		3,300	0	2,550
Panasonic Corp ADR (new)	COM	69832A205	4	465	SH		SOLE		465	0	0
PayPal Holdings Inc.	COM	70450Y103	20,085	238,856	SH		SOLE		115,081	0	123,775
PayPal Holdings Inc.	COM	70450Y103	1,304	15,506	SH		OTR		4,956	0	10,550
Pepsico Inc	COM	713448108	14,299	129,429	SH		SOLE		57,863	0	71,566
Pepsico Inc	COM	713448108	761	6,892	SH		OTR		1,265	0	5,627
Pfizer Inc	COM	717081103	204	4,680	SH		SOLE		1,380	0	3,300
Pfizer Inc	COM	717081103	711	16,280	SH		OTR		1,500	0	14,780
Procter & Gamble Co.	COM	742718109	1,656	18,017	SH		SOLE		4,299	0	13,718
Procter & Gamble Co.	COM	742718109	1,281	13,938	SH		OTR		1,000	0	12,938
Qualcomm Inc.	COM	747525103	80	1,400	SH		SOLE		0	0	1,400
Regeneron Pharmaceutical Com	COM	75886F107	1,993	5,336	SH		SOLE		4,251	0	1,085
Regeneron Pharmaceutical Com	COM	75886F107	140	375	SH		OTR		0	0	375
Resideo Technologies Inc	COM	76118Y104	2	98	SH		SOLE		98	0	0
Roper Technologies Inc	COM	776696106	15,899	59,653	SH		SOLE		28,538	0	31,115
Roper Technologies Inc	COM	776696106	942	3,535	SH		OTR		1,085	0	2,450
Ross Stores Inc.	COM	778296103	491	5,900	SH		SOLE		5,900	0	0
Royal Dutch Shell PLC Spons AD	COM	780259206	1,607	27,574	SH		SOLE		25,374	0	2,200
Salesforce.com Inc	COM	79466L302	7,746	56,555	SH		SOLE		15,180	0	41,375
Salesforce.com Inc	COM	79466L302	137	1,000	SH		OTR		0	0	1,000
Sanofi - ADR	COM	80105N105	90	2,075	SH		SOLE		75	0	2,000
Sanofi - ADR	COM	80105N105	76	1,750	SH		OTR		400	0	1,350
Schlumberger Ltd	COM	806857108	4,793	132,846	SH		SOLE		14,426	0	118,420
Schlumberger Ltd	COM	806857108	104	2,895	SH		OTR		470	0	2,425
Sempra Energy	COM	816851109	87	800	SH		SOLE		0	0	800
Sempra Energy	COM	816851109	176	1,624	SH		OTR		1,624	0	0
Sibanye-Stillwater Spons ADR	COM	825724206	27	9,547	SH		SOLE		0	0	9,547
Siemens AG Spons ADR (new)	COM	826197501	82	1,468	SH		SOLE		0	0	1,468
Smith & Nephew PLC Spons ADR	COM	83175M205	305	8,150	SH		SOLE		0	0	8,150
SouthWest Airlines	COM	844741108	7,735	166,425	SH		SOLE		48,450	0	117,975
SouthWest Airlines	COM	844741108	303	6,525	SH		OTR		975	0	5,550
Southwestern Energy Co	COM	845467109	14	4,028	SH		SOLE		2,285	0	1,743
Starbucks Corp	COM	855244109	26	400	SH		OTR		400	0	0
State Street Corp	COM	857477103	79	1,250	SH		SOLE		0	0	1,250
State Street Corp	COM	857477103	28	450	SH		OTR		0	0	450
Tredegar Corp.	COM	894650100	23	1,455	SH		SOLE		1,455	0	0
Union Pac Corp	COM	907818108	17	124	SH		SOLE		124	0	0
United Parcel Service Cl B	COM	911312106	263	2,700	SH		SOLE		2,700	0	0
United Technologies	COM	913017109	174	1,634	SH		SOLE		0	0	1,634
Universal Display Corp Com	COM	91347P105	65	700	SH		SOLE		0	0	700
V F Corp	COM	918204108	125	1,750	SH		SOLE		1,550	0	200
Verisign Inc. Com.	COM	92343E102	898	6,058	SH		SOLE		6,058	0	0
Verizon Communications	COM	92343V104	1,304	23,190	SH		SOLE		14,900	0	8,290
Verizon Communications	COM	92343V104	202	3,585	SH		OTR		1,450	0	2,135
Vertex Pharmaceuticals Com	COM	92532F100	1,537	9,277	SH		SOLE		3,322	0	5,955
Vertex Pharmaceuticals Com	COM	92532F100	319	1,925	SH		OTR		325	0	1,600
Visa Inc Cl A	COM	92826C839	19,698	149,292	SH		SOLE		62,738	0	86,554
Visa Inc Cl A	COM	92826C839	1,258	9,536	SH		OTR		2,645	0	6,891
Vivendi ORD Shs	COM	F97982106	19	792	SH		SOLE		792	0	0
Walgreens Boots Alliance Inc	COM	931427108	51	745	SH		SOLE		0	0	745
Walgreens Boots Alliance Inc	COM	931427108	129	1,891	SH		OTR		0	0	1,891
Wisdomtree Tr India Erngs Fd	COM	97717W422	14	570	SH		SOLE		570	0	0
Zoetis Inc Cl A	COM	98978V103	10	118	SH		SOLE		118	0	0
Zoetis Inc Cl A	COM	98978V103	88	1,028	SH		OTR		0	0	1,028
Aberdeen Emerging Markets Fd C	EQ FDS	003021250	32	2,349	SH		SOLE		0	0	2,349
Matthews Asia Small Companies	EQ FDS	577125206	44	2,831	SH		SOLE		0	0	2,831
Schwab S&P 500 Index Fd	EQ FDS	808509855	42	1,084	SH		SOLE		1,084	0	0
Schwab Small Cap Index Fd	EQ FDS	808509848	41	1,657	SH		SOLE		1,657	0	0