Dubuque Bank & 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
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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 Co	COM	88579Y101	24	139	SH		DFND		124	0	15
3M Co	COM	88579Y101	6,632	38,262	SH		SOLE		36,296	0	1,966
ACCENTURE	SHS CLASS A	G1151C101	406	2,200	SH		DFND		2,200	0	0
ACCENTURE	SHS CLASS A	G1151C101	90	487	SH		SOLE		487	0	0
ADAMS EXPRESS COMPANY	COM	006212104	10,768	696,087	SH		SOLE		696,087	0	0
ALIBABA GROUP HLDG	SPONSORED ADS	01609W102	4	22	SH		DFND		22	0	0
ALIBABA GROUP HLDG	SPONSORED ADS	01609W102	1,796	10,600	SH		SOLE		10,171	0	429
ALPHABET INC	CAP STK CL A	02079K305	324	299	SH		DFND		299	0	0
ALPHABET INC	CAP STK CL A	02079K305	7,122	6,577	SH		SOLE		6,556	0	21
AMER EXPRESS CO	COM	025816109	214	1,730	SH		DFND		1,730	0	0
AMER EXPRESS CO	COM	025816109	6,462	52,348	SH		SOLE		52,185	0	163
ASML HOLDING NV	N Y REGISTRY SHS	N07059210	4	18	SH		DFND		18	0	0
ASML HOLDING NV	N Y REGISTRY SHS	N07059210	1,643	7,904	SH		SOLE		7,557	0	347
AT&T INC	COM	00206R102	867	25,872	SH		SOLE		25,872	0	0
AbbVie Inc	COM	00287Y109	18	249	SH		DFND		134	0	115
AbbVie Inc	COM	00287Y109	6,510	89,523	SH		SOLE		86,922	0	2,601
Abbott Laboratories	COM	002824100	14	167	SH		DFND		167	0	0
Abbott Laboratories	COM	002824100	3,764	44,758	SH		SOLE		42,276	0	2,482
Alliant Energy Corp	COM	018802108	5	100	SH		DFND		0	0	100
Alliant Energy Corp	COM	018802108	252	5,133	SH		SOLE		5,133	0	0
Alphabet Inc	CAP STK CL C	02079K107	210	194	SH		DFND		194	0	0
Alphabet Inc	CAP STK CL C	02079K107	776	718	SH		SOLE		718	0	0
Amazon.com Inc	COM	023135106	793	419	SH		DFND		419	0	0
Amazon.com Inc	COM	023135106	1,839	971	SH		SOLE		971	0	0
American Electric Power Co Inc	COM	025537101	286	3,253	SH		SOLE		3,253	0	0
Amgen Inc	COM	031162100	31	167	SH		DFND		147	0	20
Amgen Inc	COM	031162100	14,430	78,305	SH		SOLE		76,001	0	2,304
Apple Inc	COM	037833100	780	3,941	SH		DFND		3,891	0	50
Apple Inc	COM	037833100	19,231	97,164	SH		SOLE		94,710	0	2,454
Archer-Daniels-Midland Co	COM	039483102	271	6,643	SH		SOLE		6,643	0	0
Ashland Global Holdings Inc	COM	044186104	250	3,126	SH		SOLE		3,126	0	0
BAXTER INTL INC	COM	071813109	387	4,730	SH		SOLE		4,730	0	0
BK OF AMERICA CORP	COM	060505104	77	2,639	SH		DFND		2,269	0	370
BK OF AMERICA CORP	COM	060505104	274	9,460	SH		SOLE		9,460	0	0
BLACKROCK TCP CAPITAL CORP	COM	09259E108	1,964	137,808	SH		SOLE		137,808	0	0
BOEING CO	COM	097023105	174	478	SH		DFND		443	0	35
BOEING CO	COM	097023105	7,651	21,019	SH		SOLE		19,937	0	1,082
BRISTOL-MYRS SQUIB	COM	110122108	14	301	SH		DFND		178	0	123
BRISTOL-MYRS SQUIB	COM	110122108	408	8,986	SH		SOLE		8,986	0	0
Bank First Corp	COM	06211J100	2,224	32,250	SH		SOLE		32,250	0	0
Berkshire Hathaway Inc	CL B NEW	084670702	15	70	SH		DFND		30	0	40
Berkshire Hathaway Inc	CL B NEW	084670702	8,336	39,106	SH		SOLE		39,016	0	90
BlackRock Fund Advisors	MSCI EAFE ETF	464287465	13	200	SH		DFND		200	0	0
BlackRock Fund Advisors	MSCI EAFE ETF	464287465	4,947	75,268	SH		SOLE		74,493	0	775
BlackRock Fund Advisors	RUS MID CAP ETF	464287499	1,316	23,561	SH		SOLE		23,561	0	0
BlackRock Fund Advisors	CORE S&P MCP ETF	464287507	51	262	SH		DFND		47	0	215
BlackRock Fund Advisors	CORE S&P MCP ETF	464287507	622	3,204	SH		SOLE		3,204	0	0
BlackRock Fund Advisors	S&P MC 400GR ETF	464287606	759	3,356	SH		SOLE		3,356	0	0
BlackRock Fund Advisors	RUS 1000 GRW ETF	464287614	200	1,271	SH		DFND		1,271	0	0
BlackRock Fund Advisors	RUS 1000 GRW ETF	464287614	212	1,346	SH		SOLE		1,346	0	0
BlackRock Fund Advisors	RUS 2000 GRW ETF	464287648	373	1,855	SH		SOLE		1,855	0	0
BlackRock Fund Advisors	S&P MC 400VL ETF	464287705	353	2,212	SH		SOLE		2,212	0	0
BlackRock Fund Advisors	CORE S&P SCP ETF	464287804	1,183	15,110	SH		SOLE		15,110	0	0
BlackRock Fund Advisors	MBS ETF	464288588	312	2,903	SH		SOLE		2,903	0	0
BlackRock Fund Advisors	HDG MSCI EAFE	46434V803	658	22,078	SH		SOLE		22,078	0	0
BlackRock Inc	COM	09247X101	17	37	SH		DFND		37	0	0
BlackRock Inc	COM	09247X101	10,388	22,135	SH		SOLE		21,556	0	579
Broadcom Inc	COM	11135F101	28	98	SH		DFND		98	0	0
Broadcom Inc	COM	11135F101	5,308	18,438	SH		SOLE		17,352	0	1,086
Bunge Ltd	COM	G16962105	226	4,065	SH		SOLE		4,065	0	0
CISCO SYSTEMS	COM	17275R102	41	746	SH		DFND		601	0	145
CISCO SYSTEMS	COM	17275R102	16,504	301,555	SH		SOLE		293,118	0	8,437
COLGATE-PALMOLIVE	COM	194162103	302	4,219	SH		SOLE		4,219	0	0
CONOCOPHILLIPS	COM	20825C104	321	5,260	SH		SOLE		5,260	0	0
CRONOS GROUP INC	COM	22717L101	359	22,490	SH		DFND		22,490	0	0
CVS Health Corp	COM	126650100	5	90	SH		DFND		0	0	90
CVS Health Corp	COM	126650100	368	6,746	SH		SOLE		6,746	0	0
Canopy Growth Corp	COM	138035100	299	7,420	SH		DFND		7,420	0	0
Canopy Growth Corp	COM	138035100	4	100	SH		SOLE		100	0	0
Chefs' Warehouse Inc/The	COM	163086101	340	9,695	SH		DFND		9,695	0	0
Chevron Corp	COM	166764100	45	358	SH		DFND		308	0	50
Chevron Corp	COM	166764100	13,498	108,468	SH		SOLE		105,163	0	3,305
Citigroup Inc	COM NEW	172967424	104	1,482	SH		DFND		1,397	0	85
Citigroup Inc	COM NEW	172967424	156	2,223	SH		SOLE		2,223	0	0
City Office REIT Inc	COM	178587101	1,781	148,560	SH		SOLE		148,560	0	0
Coca-Cola Co/The	COM	191216100	38	746	SH		DFND		746	0	0
Coca-Cola Co/The	COM	191216100	7,176	140,933	SH		SOLE		133,343	0	7,590
Cohen & Steers Capital Management Inc	COM	19247X100	6,591	304,868	SH		SOLE		304,868	0	0
Comcast Corp	CL A	20030N101	659	15,579	SH		SOLE		15,579	0	0
Condor Hospitality Trust Inc	COM NEW	20676Y403	1,080	119,036	SH		SOLE		119,036	0	0
Costco Wholesale Corp	COM	22160K105	6,736	25,491	SH		SOLE		25,415	0	76
DUKE ENERGY CORP	COM NEW	26441C204	16	176	SH		DFND		176	0	0
DUKE ENERGY CORP	COM NEW	26441C204	200	2,267	SH		SOLE		2,267	0	0
Deere & Co	COM	244199105	212	1,282	SH		SOLE		1,282	0	0
Doubleline Capital LP	COM	258622109	2,277	114,035	SH		SOLE		114,035	0	0
ECOLAB INC	COM	278865100	316	1,600	SH		DFND		1,600	0	0
ECOLAB INC	COM	278865100	2,205	11,168	SH		SOLE		11,131	0	37
EMERSON ELECTRIC	COM	291011104	2,021	30,285	SH		SOLE		30,190	0	95
Endurance International Group	COM	29272B105	264	55,093	SH		SOLE		55,093	0	0
Exxon Mobil Corp	COM	30231G102	476	6,210	SH		DFND		456	0	5,754
Exxon Mobil Corp	COM	30231G102	2,806	36,623	SH		SOLE		33,725	0	2,898
FEDEX CORP	COM	31428X106	6,585	40,106	SH		SOLE		39,993	0	113
FLEXSHARES TR	MORNSTAR USMKT	33939L100	400	3,425	SH		SOLE		3,425	0	0
FS INVT CORP	COM	302635107	2,529	424,275	SH		SOLE		424,275	0	0
Facebook Inc	CL A	30303M102	22	116	SH		DFND		116	0	0
Facebook Inc	CL A	30303M102	7,602	39,387	SH		SOLE		39,273	0	114
GEN ELEC CO	COM	369604103	57	5,400	SH		DFND		600	0	4,800
GEN ELEC CO	COM	369604103	356	33,952	SH		SOLE		33,202	0	750
GOLDMAN SACHS GRP	COM	38141G104	82	400	SH		DFND		400	0	0
GOLDMAN SACHS GRP	COM	38141G104	4,751	23,221	SH		SOLE		23,151	0	70
GW Pharmaceuticals PLC	ADS	36197T103	230	1,333	SH		DFND		1,333	0	0
General Mills Inc	COM	370334104	334	6,358	SH		SOLE		6,358	0	0
Global Payments Inc	COM	37940X102	425	2,655	SH		DFND		2,655	0	0
Global Payments Inc	COM	37940X102	9	59	SH		SOLE		59	0	0
Goosehead Insurance Inc	COM CL A	38267D109	316	6,605	SH		DFND		6,605	0	0
HDFC BANK	SPONSORED ADS	40415F101	6	44	SH		DFND		44	0	0
HDFC BANK	SPONSORED ADS	40415F101	2,510	19,303	SH		SOLE		18,456	0	847
HOME DEPOT INC	COM	437076102	44	210	SH		DFND		210	0	0
HOME DEPOT INC	COM	437076102	8,333	40,067	SH		SOLE		37,910	0	2,157
Heartland Financial USA Inc	COM	42234Q102	5,920	132,351	SH		DFND		125,463	0	6,888
Heartland Financial USA Inc	COM	42234Q102	68,003	1,520,289	SH		SOLE		549,989	0	970,300
Honeywell International Inc	COM	438516106	1,001	5,735	SH		DFND		435	0	5,300
Honeywell International Inc	COM	438516106	856	4,903	SH		SOLE		4,253	0	650
ISHARES	ISHARES	464285105	14	1,000	SH		DFND		1,000	0	0
ISHARES	ISHARES	464285105	240	17,745	SH		SOLE		17,745	0	0
ISHARES	SELECT DIVID ETF	464287168	301	3,028	SH		SOLE		3,028	0	0
ISHARES	CORE S&P500 ETF	464287200	27	90	SH		DFND		90	0	0
ISHARES	CORE S&P500 ETF	464287200	2,843	9,644	SH		SOLE		9,644	0	0
ISHARES	S&P 500 GRWT ETF	464287309	1,253	6,990	SH		SOLE		6,990	0	0
ISHARES	RUSSELL 2000 ETF	464287655	774	4,978	SH		DFND		4,978	0	0
ISHARES	RUSSELL 2000 ETF	464287655	391	2,513	SH		SOLE		2,513	0	0
ISHARES	ISHARES	46428Q109	195	13,577	SH		DFND		13,577	0	0
ISHARES TRUST	RUS 1000 VAL ETF	464287598	246	1,934	SH		SOLE		1,934	0	0
Innovative Industrial Properti	COM	45781V101	893	7,225	SH		DFND		7,225	0	0
Intel Corp	COM	458140100	44	910	SH		DFND		655	0	255
Intel Corp	COM	458140100	6,232	130,180	SH		SOLE		123,003	0	7,177
International Paper Co	COM	460146103	12	275	SH		DFND		275	0	0
International Paper Co	COM	460146103	3,147	72,642	SH		SOLE		68,327	0	4,315
Intuitive Surgical Inc	COM NEW	46120E602	439	837	SH		DFND		837	0	0
Intuitive Surgical Inc	COM NEW	46120E602	2	3	SH		SOLE		3	0	0
Invesco Capital Management LLC	DIVID ACHIEVEV	46137V506	459	16,000	SH		SOLE		16,000	0	0
Invesco Capital Management LLC	INTL DIVI ACHI	46137V548	239	14,600	SH		SOLE		14,600	0	0
Invesco Capital Management LLC	PFD ETF	46138E511	168	11,458	SH		SOLE		11,458	0	0
JOHNSON & JOHNSON	COM	478160104	55	398	SH		DFND		348	0	50
JOHNSON & JOHNSON	COM	478160104	16,251	116,678	SH		SOLE		113,417	0	3,261
JPMorgan Chase & Co	COM	46625H100	242	2,167	SH		DFND		2,112	0	55
JPMorgan Chase & Co	COM	46625H100	12,887	115,268	SH		SOLE		112,091	0	3,177
Kraft Foods Inc	CL A	609207105	10	190	SH		DFND		190	0	0
Kraft Foods Inc	CL A	609207105	682	12,659	SH		SOLE		12,659	0	0
LOWE'S COS INC	COM	548661107	202	2,000	SH		DFND		2,000	0	0
LOWE'S COS INC	COM	548661107	7,082	70,178	SH		SOLE		69,937	0	241
Linde PLC	COM	G5494J103	402	2,000	SH		DFND		2,000	0	0
Linde PLC	COM	G5494J103	27	135	SH		SOLE		135	0	0
MASTERCARD INC	CL A	57636Q104	587	2,220	SH		DFND		2,220	0	0
MASTERCARD INC	CL A	57636Q104	504	1,905	SH		SOLE		1,905	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	390	2,515	SH		DFND		2,515	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	3	18	SH		SOLE		18	0	0
MCDONALD'S CORP	COM	580135101	64	306	SH		DFND		271	0	35
MCDONALD'S CORP	COM	580135101	7,276	35,039	SH		SOLE		33,332	0	1,707
MICROSOFT CORP	COM	594918104	589	4,400	SH		DFND		4,305	0	95
MICROSOFT CORP	COM	594918104	16,829	125,627	SH		SOLE		122,517	0	3,110
MOODYS CORP	COM	615369105	273	1,400	SH		DFND		0	0	1,400
MORGAN STANLEY	COM NEW	617446448	16	371	SH		DFND		371	0	0
MORGAN STANLEY	COM NEW	617446448	4,004	91,396	SH		SOLE		86,800	0	4,596
Marathon Petroleum Corp	COM	56585A102	8	141	SH		DFND		141	0	0
Marathon Petroleum Corp	COM	56585A102	2,189	39,179	SH		SOLE		36,296	0	2,883
Medtronic PLC	SHS	G5960L103	20	205	SH		DFND		205	0	0
Medtronic PLC	SHS	G5960L103	11,948	122,677	SH		SOLE		119,503	0	3,174
Merck & Co Inc	COM	58933Y105	37	443	SH		DFND		388	0	55
Merck & Co Inc	COM	58933Y105	242	2,882	SH		SOLE		2,782	0	100
MetLife Inc	COM	59156R108	511	10,297	SH		SOLE		10,297	0	0
NIKE INC	CL B	654106103	231	2,748	SH		SOLE		2,748	0	0
NORTHROP GRUMMAN	COM	666807102	6	20	SH		DFND		0	0	20
NORTHROP GRUMMAN	COM	666807102	465	1,438	SH		SOLE		1,438	0	0
National Oilwell Varco Inc	COM	637071101	2,808	126,303	SH		SOLE		125,943	0	360
Nuveen Closed-End Funds/USA	COM	670657105	1,648	119,368	SH		SOLE		108,478	0	10,890
Nuveen Closed-End Funds/USA	COM	67074Y105	6,533	385,859	SH		SOLE		385,859	0	0
ORACLE CORP	COM	68389X105	4	70	SH		DFND		0	0	70
ORACLE CORP	COM	68389X105	7,062	123,957	SH		SOLE		123,542	0	415
Occidental Petroleum Corp	COM	674599105	3	64	SH		DFND		64	0	0
Occidental Petroleum Corp	COM	674599105	2,862	56,916	SH		SOLE		56,743	0	173
Okta Inc	CL A	679295105	270	2,185	SH		DFND		2,185	0	0
PEPSICO INC	COM	713448108	17	130	SH		DFND		100	0	30
PEPSICO INC	COM	713448108	2,315	17,655	SH		SOLE		17,591	0	64
PROSHARES TRUST	PSHS ULTRA QQQ	74347R206	301	3,133	SH		DFND		3,133	0	0
Palo Alto Networks Inc	COM	697435105	1,767	8,672	SH		SOLE		8,645	0	27
Pegasystems Inc	COM	705573103	233	3,265	SH		DFND		3,265	0	0
Pfizer Inc	COM	717081103	586	13,525	SH		DFND		4,000	0	9,525
Pfizer Inc	COM	717081103	1,267	29,243	SH		SOLE		20,143	0	9,100
Physicians Realty Trust	COM	71943U104	1,596	91,541	SH		SOLE		91,541	0	0
Plains All American Pipeline L	UNIT LTD PARTN	726503105	222	9,130	SH		DFND		9,130	0	0
ProShare Advisors LLC	MSCI EMRG ETF	74347X302	437	5,998	SH		DFND		5,998	0	0
Procter & Gamble Co/The	COM	742718109	17	159	SH		DFND		134	0	25
Procter & Gamble Co/The	COM	742718109	4,444	40,527	SH		SOLE		38,726	0	1,801
Prudential PLC	ADR	74435K204	5	115	SH		DFND		115	0	0
Prudential PLC	ADR	74435K204	2,188	49,928	SH		SOLE		47,869	0	2,059
RAYTHEON CO	COM NEW	755111507	768	4,416	SH		SOLE		4,416	0	0
RELX PLC	SPONSORED ADR	759530108	4	144	SH		DFND		144	0	0
RELX PLC	SPONSORED ADR	759530108	1,536	62,920	SH		SOLE		60,168	0	2,752
ROPER INDUSTRIES INC	COM	776696106	293	800	SH		SOLE		800	0	0
SALESFORCE.COM INC	COM	79466L302	5,189	34,198	SH		DFND		34,198	0	0
SALESFORCE.COM INC	COM	79466L302	3,574	23,552	SH		SOLE		23,474	0	78
SHOPIFY INC	CL A	82509L107	471	1,570	SH		DFND		1,570	0	0
SPDR TRUST	TR UNIT	78462F103	12	40	SH		DFND		40	0	0
SPDR TRUST	TR UNIT	78462F103	3,098	10,573	SH		SOLE		10,573	0	0
STARBUCKS CORP	COM	855244109	313	3,729	SH		DFND		3,729	0	0
STARBUCKS CORP	COM	855244109	15,532	185,278	SH		SOLE		180,765	0	4,513
Sage Therapeutics Inc	COM	78667J108	293	1,600	SH		DFND		1,600	0	0
Seligman Funds/Closed-end/USA	COM	895436103	8,068	299,159	SH		SOLE		299,159	0	0
ServiceNow Inc	COM	81762P102	379	1,380	SH		DFND		1,380	0	0
Shenandoah Telecommunications	COM	82312B106	439	11,400	SH		DFND		11,400	0	0
Splunk Inc	COM	848637104	4,036	32,094	SH		SOLE		31,973	0	121
Starwood Property Trust Inc	COM	85571B105	1,260	55,464	SH		SOLE		55,464	0	0
State Street ETF/USA	DJ INTL RL ETF	78463X863	343	8,850	SH		SOLE		8,850	0	0
State Street ETF/USA	SPDR BLOOMBERG	78468R663	4	41	SH		DFND		41	0	0
State Street ETF/USA	SPDR BLOOMBERG	78468R663	1,525	16,642	SH		SOLE		16,581	0	61
Stryker Corp	COM	863667101	341	1,660	SH		SOLE		1,660	0	0
T Rowe Price Group Inc	COM	74144T108	16	147	SH		DFND		147	0	0
T Rowe Price Group Inc	COM	74144T108	4,223	38,488	SH		SOLE		36,304	0	2,184
TAL EDUCATION GROUP	SPONSORED ADS	874080104	3	76	SH		DFND		76	0	0
TAL EDUCATION GROUP	SPONSORED ADS	874080104	1,236	32,435	SH		SOLE		30,990	0	1,445
TEXAS INSTRUMENTS	COM	882508104	29	256	SH		DFND		256	0	0
TEXAS INSTRUMENTS	COM	882508104	12,508	108,991	SH		SOLE		105,350	0	3,641
TRAVELERS CO INC	COM	89417E109	613	4,102	SH		SOLE		4,102	0	0
Thermo Fisher Scientific Inc	COM	883556102	394	1,340	SH		DFND		1,340	0	0
Thermo Fisher Scientific Inc	COM	883556102	226	770	SH		SOLE		770	0	0
Tiffany & Co	COM	886547108	2,571	27,453	SH		SOLE		27,362	0	91
Tyson Foods Inc	CL A	902494103	218	2,700	SH		SOLE		2,700	0	0
US BANCORP	COM NEW	902973304	776	14,803	SH		DFND		14,803	0	0
US BANCORP	COM NEW	902973304	5,523	105,398	SH		SOLE		99,090	0	6,308
UTD TECHNOLOGIES	COM	913017109	102	785	SH		DFND		785	0	0
UTD TECHNOLOGIES	COM	913017109	12,940	99,383	SH		SOLE		96,715	0	2,668
United Parcel Service Inc	CL B	911312106	18	176	SH		DFND		176	0	0
United Parcel Service Inc	CL B	911312106	5,117	49,547	SH		SOLE		46,661	0	2,886
UnitedHealth Group Inc	COM	91324P102	416	1,705	SH		DFND		1,695	0	10
UnitedHealth Group Inc	COM	91324P102	160	654	SH		SOLE		654	0	0
Universal Display Corp	COM	91347P105	415	2,205	SH		DFND		2,205	0	0
VANGUARD	FINANCIALS ETF	92204A405	2,498	36,194	SH		SOLE		36,194	0	0
VANGUARD	REAL ESTATE ETF	922908553	782	8,944	SH		SOLE		8,944	0	0
VANGUARD GROUP	SHORT TRM BOND	921937827	1,016	12,620	SH		SOLE		12,620	0	0
VANGUARD GROUP INC/THE	INTL BD IDX ETF	92203J407	931	16,250	SH		SOLE		16,250	0	0
VANGUARD WORLD FDS	INDUSTRIAL ETF	92204A603	1,415	9,706	SH		SOLE		9,706	0	0
VERIZON COMMUN	COM	92343V104	54	952	SH		DFND		504	0	448
VERIZON COMMUN	COM	92343V104	3,974	69,557	SH		SOLE		66,263	0	3,294
VISA INC	COM CL A	92826C839	801	4,618	SH		DFND		4,618	0	0
VISA INC	COM CL A	92826C839	4,510	25,987	SH		SOLE		25,898	0	89
Vanguard ETF/USA	DIV APP ETF	921908844	484	4,200	SH		SOLE		4,200	0	0
Vanguard ETF/USA	FTSE DEV MKT ETF	921943858	5,427	130,107	SH		SOLE		130,107	0	0
Vanguard ETF/USA	CONSUM DIS ETF	92204A108	1,488	8,292	SH		SOLE		8,292	0	0
Vanguard ETF/USA	CONSUM STP ETF	92204A207	1,071	7,198	SH		SOLE		7,198	0	0
Vanguard ETF/USA	ENERGY ETF	92204A306	642	7,550	SH		SOLE		7,550	0	0
Vanguard ETF/USA	HEALTH CAR ETF	92204A504	2,444	14,052	SH		SOLE		14,052	0	0
Vanguard ETF/USA	INF TECH ETF	92204A702	5	22	SH		DFND		22	0	0
Vanguard ETF/USA	INF TECH ETF	92204A702	3,176	15,061	SH		SOLE		15,061	0	0
Vanguard ETF/USA	COMM SRVC ETF	92204A884	1,163	13,418	SH		SOLE		13,418	0	0
Vanguard ETF/USA	TOTAL STK MKT	922908769	248	1,650	SH		DFND		1,650	0	0
Vanguard ETF/USA	TOTAL STK MKT	922908769	16,643	110,890	SH		SOLE		110,890	0	0
Veeva Systems Inc	CL A COM	922475108	479	2,955	SH		DFND		2,955	0	0
WALT DISNEY CO.	COM DISNEY	254687106	95	677	SH		DFND		557	0	120
WALT DISNEY CO.	COM DISNEY	254687106	6,398	45,817	SH		SOLE		45,677	0	140
Walmart Inc	COM	931142103	119	1,076	SH		DFND		931	0	145
Walmart Inc	COM	931142103	17,150	155,222	SH		SOLE		151,248	0	3,974
Wells Fargo & Co	COM	949746101	1,123	23,731	SH		SOLE		23,731	0	0