Bridges Investment Counsel 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
Estimated average burden
hours per response:		23.8

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	COM	88579Y101	751	3,925	SH		SOLE		1,500	0	2,425
3M CO COM	COM	88579Y101	1,788	9,346	SH		OTR	1	0	0	9,346
ABBOTT LABS COM	COM	002824100	199	4,492	SH		SOLE		1,867	0	2,625
ABBOTT LABS COM	COM	002824100	674	15,175	SH		OTR	1	0	0	15,175
ABBOTT LABS COM	COM	002824100	266	6,000	SH		OTR		0	0	6,000
ABBVIE INC	COM	00287Y109	594	9,121	SH		SOLE		3,654	0	5,467
ABBVIE INC	COM	00287Y109	1,227	18,835	SH		OTR	1	0	0	18,835
ABBVIE INC	COM	00287Y109	391	6,000	SH		OTR		0	0	6,000
ACCENTURE LTD	COM	g1151c101	216	1,800	SH		SOLE		0	0	1,800
ACCENTURE LTD	COM	g1151c101	794	6,627	SH		OTR	1	0	0	6,627
ALLERGAN PLC	COM	G0177J108	952	3,983	SH		SOLE		738	0	3,245
ALLERGAN PLC	COM	G0177J108	1,634	6,839	SH		OTR	1	0	0	6,839
ALPHABET INC CL A	COM	02079K305	835	985	SH		SOLE		187	0	798
ALPHABET INC CL A	COM	02079K305	1,690	1,993	SH		OTR	1	0	0	1,993
ALPHABET INC CL A	COM	02079K305	382	450	SH		OTR		0	0	450
ALPHABET INC CL C	COM	02079K107	655	789	SH		SOLE		49	0	740
ALPHABET INC CL C	COM	02079K107	1,567	1,889	SH		OTR	1	0	0	1,889
ALPHABET INC CL C	COM	02079K107	333	401	SH		OTR		0	0	401
ALTRIA GROUP INC	COM	02209S103	1,771	24,793	SH		SOLE		2,778	0	22,015
ALTRIA GROUP INC	COM	02209S103	2,282	31,950	SH		OTR	1	0	0	31,950
ALTRIA GROUP INC	COM	02209S103	714	10,000	SH		OTR		0	0	10,000
AMAZON.COM INC	COM	023135106	533	601	SH		SOLE		33	0	568
AMAZON.COM INC	COM	023135106	1,655	1,867	SH		OTR	1	0	0	1,867
AMERIPRISE FINANCIAL INC COM	COM	03076C106	635	4,893	SH		SOLE		1,209	0	3,684
AMERIPRISE FINANCIAL INC COM	COM	03076C106	1,607	12,390	SH		OTR	1	0	0	12,390
AMGEN INC COM	COM	031162100	706	4,301	SH		SOLE		1,081	0	3,220
AMGEN INC COM	COM	031162100	1,621	9,880	SH		OTR	1	0	0	9,880
ANADARKO PETROLEUM CORP COM	COM	032511107	414	6,671	SH		SOLE		1,919	0	4,752
ANADARKO PETROLEUM CORP COM	COM	032511107	222	3,576	SH		OTR	1	0	0	3,576
APPLE INC COM	COM	037833100	3,116	21,693	SH		SOLE		4,726	0	16,967
APPLE INC COM	COM	037833100	6,716	46,748	SH		OTR	1	0	0	46,748
APPLE INC COM	COM	037833100	2,514	17,500	SH		OTR		0	0	17,500
ASH GROVE CEMENT CO	COM	043693100	1,074	3,702	SH		OTR	1	0	0	3,702
AT&T INC COM	COM	00206R102	483	11,623	SH		SOLE		5,241	0	6,382
AT&T INC COM	COM	00206R102	720	17,322	SH		OTR	1	0	0	17,322
AUTOMATIC DATA PROCESSING COM	COM	053015103	120	1,175	SH		SOLE		475	0	700
AUTOMATIC DATA PROCESSING COM	COM	053015103	105	1,030	SH		OTR	1	0	0	1,030
BECTON DICKINSON & CO COM	COM	075887109	98	533	SH		SOLE		533	0	0
BECTON DICKINSON & CO COM	COM	075887109	128	700	SH		OTR	1	0	0	700
BERKSHIRE HATHAWAY INC CLASS A	COM	084670108	999	4	SH		SOLE		0	0	4
BERKSHIRE HATHAWAY INC CLASS A	COM	084670108	62,712	251	SH		OTR	1	0	0	251
BERKSHIRE HATHAWAY INC CLASS B	COM	084670702	2,756	16,534	SH		SOLE		3,426	0	13,108
BERKSHIRE HATHAWAY INC CLASS B	COM	084670702	3,351	20,104	SH		OTR	1	0	0	20,104
BERKSHIRE HATHAWAY INC CLASS B	COM	084670702	833	5,000	SH		OTR		0	0	5,000
BIOGEN INC COM	COM	09062X103	253	927	SH		SOLE		112	0	815
BIOGEN INC COM	COM	09062X103	999	3,655	SH		OTR	1	0	0	3,655
BLACKROCK, INC.	COM	09247X101	734	1,914	SH		SOLE		317	0	1,597
BLACKROCK, INC.	COM	09247X101	2,626	6,846	SH		OTR	1	0	0	6,846
BLACKROCK, INC.	COM	09247X101	192	500	SH		OTR		0	0	500
BOEING CO COM	COM	097023105	703	3,975	SH		SOLE		965	0	3,010
BOEING CO COM	COM	097023105	632	3,575	SH		OTR	1	0	0	3,575
BOEING CO COM	COM	097023105	884	5,000	SH		OTR		0	0	5,000
BP PLC SPONS ADR	COM	055622104	417	12,089	SH		SOLE		4,040	0	8,049
BP PLC SPONS ADR	COM	055622104	62	1,800	SH		OTR	1	0	0	1,800
BRISTOL MYERS SQUIBB COM	COM	110122108	239	4,400	SH		SOLE		2,800	0	1,600
BRISTOL MYERS SQUIBB COM	COM	110122108	218	4,000	SH		OTR		0	0	4,000
BRISTOL MYERS SQUIBB COM	COM	110122108	129	2,367	SH		OTR	1	0	0	2,367
CAPITAL ONE FINANCIAL COM	COM	14040H105	935	10,790	SH		SOLE		1,870	0	8,920
CAPITAL ONE FINANCIAL COM	COM	14040H105	1,783	20,577	SH		OTR	1	0	0	20,577
CATERPILLAR INC DEL COM	COM	149123101	168	1,816	SH		SOLE		290	0	1,526
CATERPILLAR INC DEL COM	COM	149123101	278	3,000	SH		OTR		0	0	3,000
CELGENE CORP COM	COM	151020104	1,358	10,915	SH		SOLE		2,002	0	8,913
CELGENE CORP COM	COM	151020104	3,437	27,618	SH		OTR	1	0	0	27,618
CELGENE CORP COM	COM	151020104	747	6,000	SH		OTR		0	0	6,000
CERNER CORP COM	COM	156782104	77	1,300	SH		SOLE		0	0	1,300
CERNER CORP COM	COM	156782104	153	2,600	SH		OTR	1	0	0	2,600
CHEVRON CORP COM	COM	166764100	2,362	22,001	SH		SOLE		6,082	0	15,919
CHEVRON CORP COM	COM	166764100	2,796	26,043	SH		OTR	1	0	0	26,043
CHEVRON CORP COM	COM	166764100	537	5,000	SH		OTR		0	0	5,000
CISCO SYS INC COM	COM	17275R102	725	21,445	SH		SOLE		9,500	0	11,945
CISCO SYS INC COM	COM	17275R102	854	25,280	SH		OTR	1	0	0	25,280
COCA COLA CO COM	COM	191216100	340	8,000	SH		SOLE		6,500	0	1,500
COCA COLA CO COM	COM	191216100	906	21,358	SH		OTR	1	0	0	21,358
COGNIZANT TECHNOLOGY SOLUTIONS	COM	192446102	242	4,070	SH		SOLE		1,595	0	2,475
COGNIZANT TECHNOLOGY SOLUTIONS	COM	192446102	592	9,954	SH		OTR	1	0	0	9,954
COLGATE PALMOLIVE CO COM	COM	194162103	505	6,900	SH		OTR	1	0	0	6,900
COLGATE PALMOLIVE CO COM	COM	194162103	220	3,000	SH		OTR		0	0	3,000
COMCAST CORP CL A	COM	20030n101	719	19,123	SH		SOLE		4,675	0	14,448
COMCAST CORP CL A	COM	20030n101	1,425	37,908	SH		OTR	1	0	0	37,908
CONOCOPHILLIPS COM	COM	20825C104	111	2,225	SH		SOLE		1,050	0	1,175
CONOCOPHILLIPS COM	COM	20825C104	112	2,250	SH		OTR	1	0	0	2,250
CONOCOPHILLIPS COM	COM	20825C104	75	1,500	SH		OTR		0	0	1,500
CONTINENTAL RESOURCES INC	COM	212015101	268	5,895	SH		SOLE		1,085	0	4,810
CONTINENTAL RESOURCES INC	COM	212015101	779	17,150	SH		OTR	1	0	0	17,150
COSTCO WHOLESALE CORP	COM	22160K105	134	800	SH		SOLE		300	0	500
COSTCO WHOLESALE CORP	COM	22160K105	151	900	SH		OTR	1	0	0	900
DISNEY (WALT)	COM	254687106	872	7,691	SH		SOLE		1,246	0	6,445
DISNEY (WALT)	COM	254687106	2,496	22,011	SH		OTR	1	0	0	22,011
DISNEY (WALT)	COM	254687106	283	2,500	SH		OTR		0	0	2,500
DOMINION RES INC VA NEW COM	COM	25746U109	211	2,725	SH		SOLE		1,289	0	1,436
DOMINION RES INC VA NEW COM	COM	25746U109	205	2,642	SH		OTR	1	0	0	2,642
DOW CHEM CO COM	COM	260543103	688	10,827	SH		SOLE		4,220	0	6,607
DOW CHEM CO COM	COM	260543103	363	5,707	SH		OTR	1	0	0	5,707
DU PONT E I DE NEMOURS COM	COM	263534109	384	4,783	SH		SOLE		1,359	0	3,424
DU PONT E I DE NEMOURS COM	COM	263534109	172	2,138	SH		OTR	1	0	0	2,138
EATON CORP PLC	COM	g29183103	775	10,457	SH		SOLE		3,807	0	6,650
EATON CORP PLC	COM	g29183103	1,450	19,559	SH		OTR	1	0	0	19,559
ECOLAB INC	COM	278865100	201	1,600	SH		SOLE		0	0	1,600
ECOLAB INC	COM	278865100	1,044	8,330	SH		OTR	1	0	0	8,330
ECOLAB INC	COM	278865100	752	6,000	SH		OTR		0	0	6,000
EMERSON ELEC CO COM	COM	291011104	392	6,550	SH		SOLE		5,500	0	1,050
EMERSON ELEC CO COM	COM	291011104	359	6,000	SH		OTR		0	0	6,000
EMERSON ELEC CO COM	COM	291011104	132	2,200	SH		OTR	1	0	0	2,200
EXPRESS SCRIPTS HOLDING CO COM	COM	30219g108	307	4,656	SH		SOLE		860	0	3,796
EXPRESS SCRIPTS HOLDING CO COM	COM	30219g108	764	11,595	SH		OTR	1	0	0	11,595
EXXON MOBIL CORP COM	COM	30231G102	1,763	21,495	SH		SOLE		11,650	0	9,845
EXXON MOBIL CORP COM	COM	30231G102	1,502	18,309	SH		OTR	1	0	0	18,309
EXXON MOBIL CORP COM	COM	30231G102	492	6,000	SH		OTR		0	0	6,000
FACEBOOK, INC.	COM	30303M102	369	2,595	SH		SOLE		470	0	2,125
FACEBOOK, INC.	COM	30303M102	840	5,910	SH		OTR	1	0	0	5,910
FEDEX CORPORATION COM	COM	31428X106	716	3,667	SH		SOLE		873	0	2,794
FEDEX CORPORATION COM	COM	31428X106	1,848	9,470	SH		OTR	1	0	0	9,470
FEDEX CORPORATION COM	COM	31428X106	390	2,000	SH		OTR		0	0	2,000
FIRST NATIONAL OF NEBRASKA INC	COM	335720108	79	10	SH		SOLE		0	0	10
FIRST NATIONAL OF NEBRASKA INC	COM	335720108	28,660	3,605	SH		OTR		0	0	3,605
FIRST NATIONAL OF NEBRASKA INC	COM	335720108	14,405	1,812	SH		OTR	1	0	0	1,812
FISERV INC WISCONSIN COM	COM	337738108	110	950	SH		SOLE		0	0	950
FISERV INC WISCONSIN COM	COM	337738108	744	6,450	SH		OTR	1	0	0	6,450
FISERV INC WISCONSIN COM	COM	337738108	922	8,000	SH		OTR		0	0	8,000
GENERAL ELEC CO COM	COM	369604103	1,522	51,074	SH		SOLE		18,969	0	32,105
GENERAL ELEC CO COM	COM	369604103	1,875	62,922	SH		OTR	1	0	0	62,922
GILEAD SCIENCES, INC	COM	375558103	497	7,324	SH		SOLE		2,101	0	5,223
GILEAD SCIENCES, INC	COM	375558103	772	11,365	SH		OTR	1	0	0	11,365
GOLDMAN SACHS GROUP INC	COM	38141G104	68	297	SH		SOLE		88	0	209
GOLDMAN SACHS GROUP INC	COM	38141G104	207	900	SH		OTR	1	0	0	900
HOME DEPOT INC COM	COM	437076102	783	5,332	SH		SOLE		1,792	0	3,540
HOME DEPOT INC COM	COM	437076102	1,074	7,312	SH		OTR	1	0	0	7,312
HOME DEPOT INC COM	COM	437076102	954	6,500	SH		OTR		0	0	6,500
HONEYWELL INTERNATIONAL INC CO	COM	438516106	355	2,845	SH		SOLE		1,460	0	1,385
HONEYWELL INTERNATIONAL INC CO	COM	438516106	677	5,425	SH		OTR	1	0	0	5,425
HONEYWELL INTERNATIONAL INC CO	COM	438516106	499	4,000	SH		OTR		0	0	4,000
ING GROEP NV ADR	COM	456837103	3,018	200,000	SH		OTR	1	0	0	200,000
INTEL CORP	COM	458140100	299	8,280	SH		SOLE		4,480	0	3,800
INTEL CORP	COM	458140100	151	4,200	SH		OTR	1	0	0	4,200
INTERNATIONAL BUS MACH COM	COM	459200101	1,626	9,340	SH		SOLE		1,975	0	7,365
INTERNATIONAL BUS MACH COM	COM	459200101	368	2,112	SH		OTR	1	0	0	2,112
ISHARES CORE S&P MID CAP ETF	COM	464287507	1,071	6,258	SH		SOLE		635	0	5,623
ISHARES CORE S&P MID CAP ETF	COM	464287507	6,711	39,194	SH		OTR	1	0	700	38,494
ISHARES CORE S&P SMALL CAP ETF	COM	464287804	1,215	17,565	SH		SOLE		3,177	0	14,388
ISHARES CORE S&P SMALL CAP ETF	COM	464287804	4,761	68,842	SH		OTR	1	0	1,500	67,342
ISHARES RUSSELL 1000 GROWTH ET	COM	464287614	170	1,495	SH		SOLE		530	0	965
ISHARES RUSSELL 1000 GROWTH ET	COM	464287614	1,641	14,420	SH		OTR	1	0	0	14,420
ISHARES RUSSELL 1000 VALUE ETF	COM	464287598	207	1,805	SH		SOLE		810	0	995
ISHARES RUSSELL 1000 VALUE ETF	COM	464287598	1,551	13,490	SH		OTR	1	0	0	13,490
ISHARES RUSSELL MID CAP ETF	COM	464287499	506	2,702	SH		SOLE		693	0	2,009
ISHARES RUSSELL MID CAP ETF	COM	464287499	352	1,879	SH		OTR	1	0	0	1,879
ISHARES S&P SMALL CAP 600 VALU	COM	464287879	426	3,070	SH		SOLE		915	0	2,155
ISHARES S&P SMALL CAP 600 VALU	COM	464287879	227	1,634	SH		OTR	1	0	0	1,634
JOHNSON & JOHNSON COM	COM	478160104	2,197	17,638	SH		SOLE		4,106	0	13,532
JOHNSON & JOHNSON COM	COM	478160104	2,346	18,835	SH		OTR	1	0	0	18,835
JOHNSON & JOHNSON COM	COM	478160104	747	6,000	SH		OTR		0	0	6,000
JPMORGAN CHASE & CO COM	COM	46625H100	1,093	12,441	SH		SOLE		3,954	0	8,487
JPMORGAN CHASE & CO COM	COM	46625H100	1,744	19,849	SH		OTR	1	0	0	19,849
KIMBERLY CLARK CORP COM	COM	494368103	498	3,785	SH		SOLE		2,750	0	1,035
KIMBERLY CLARK CORP COM	COM	494368103	59	450	SH		OTR	1	0	0	450
KINDER MORGAN INC	COM	49456b101	266	12,224	SH		SOLE		7,744	0	4,480
KINDER MORGAN INC	COM	49456b101	6	270	SH		OTR	1	0	0	270
KRAFT HEINZ COMPANY COM	COM	500754106	254	2,802	SH		SOLE		446	0	2,356
KRAFT HEINZ COMPANY COM	COM	500754106	132	1,451	SH		OTR	1	0	0	1,451
LEGGETT & PLATT INC COM	COM	524660107	443	8,813	SH		SOLE		8,813	0	0
LEGGETT & PLATT INC COM	COM	524660107	8	150	SH		OTR	1	0	0	150
LEVEL 3 COMMUNICATIONS INC	COM	52729n308	206	3,594	SH		SOLE		270	0	3,324
LEVEL 3 COMMUNICATIONS INC	COM	52729n308	475	8,298	SH		OTR	1	0	0	8,298
LOWES COMPANIES COM	COM	548661107	350	4,255	SH		SOLE		730	0	3,525
LOWES COMPANIES COM	COM	548661107	966	11,748	SH		OTR	1	0	0	11,748
MASTERCARD	COM	57636Q104	2,380	21,162	SH		SOLE		2,184	0	18,978
MASTERCARD	COM	57636Q104	4,313	38,348	SH		OTR	1	0	0	38,348
MASTERCARD	COM	57636Q104	562	5,000	SH		OTR		0	0	5,000
MCDONALDS CORP COM	COM	580135101	959	7,398	SH		SOLE		2,740	0	4,658
MCDONALDS CORP COM	COM	580135101	1,914	14,771	SH		OTR	1	0	0	14,771
MCDONALDS CORP COM	COM	580135101	324	2,500	SH		OTR		0	0	2,500
MERCK & CO INC COM	COM	58933y105	662	10,423	SH		SOLE		4,383	0	6,040
MERCK & CO INC COM	COM	58933y105	445	7,000	SH		OTR		0	0	7,000
MERCK & CO INC COM	COM	58933y105	1,103	17,362	SH		OTR	1	0	0	17,362
MICROSOFT CORP COM	COM	594918104	1,182	17,952	SH		SOLE		5,885	0	12,067
MICROSOFT CORP COM	COM	594918104	1,376	20,887	SH		OTR	1	0	0	20,887
MONDELEZ INTERNATIONAL INC CL	COM	609207105	272	6,304	SH		SOLE		1,038	0	5,266
MONDELEZ INTERNATIONAL INC CL	COM	609207105	143	3,318	SH		OTR	1	0	0	3,318
MONSANTO CO COM	COM	61166W101	17	150	SH		SOLE		100	0	50
MONSANTO CO COM	COM	61166W101	906	8,000	SH		OTR		0	0	8,000
MONSANTO CO COM	COM	61166W101	25	225	SH		OTR	1	0	0	225
NEXTERA ENERGY INC	COM	65339f101	315	2,450	SH		SOLE		1,300	0	1,150
NEXTERA ENERGY INC	COM	65339f101	257	2,000	SH		OTR		0	0	2,000
NEXTERA ENERGY INC	COM	65339f101	98	766	SH		OTR	1	0	0	766
NIKE INC CL B	COM	654106103	495	8,880	SH		SOLE		1,650	0	7,230
NIKE INC CL B	COM	654106103	778	13,965	SH		OTR	1	0	0	13,965
PAYPAL HOLDINGS INC	COM	70450Y103	397	9,239	SH		SOLE		2,532	0	6,707
PAYPAL HOLDINGS INC	COM	70450Y103	1,013	23,540	SH		OTR	1	0	0	23,540
PEPSICO INC COM	COM	713448108	2,721	24,329	SH		SOLE		5,969	0	18,360
PEPSICO INC COM	COM	713448108	2,568	22,954	SH		OTR	1	0	0	22,954
PEPSICO INC COM	COM	713448108	1,566	14,000	SH		OTR		0	0	14,000
PFIZER INC COM	COM	717081103	580	16,963	SH		SOLE		9,403	0	7,560
PFIZER INC COM	COM	717081103	942	27,539	SH		OTR	1	0	0	27,539
PHILIP MORRIS INTERNATIONAL IN	COM	718172109	2,365	20,946	SH		SOLE		3,293	0	17,653
PHILIP MORRIS INTERNATIONAL IN	COM	718172109	2,879	25,503	SH		OTR	1	0	0	25,503
PHILIP MORRIS INTERNATIONAL IN	COM	718172109	564	5,000	SH		OTR		0	0	5,000
PRAXAIR INC COM	COM	74005P104	24	200	SH		SOLE		0	0	200
PRAXAIR INC COM	COM	74005P104	190	1,600	SH		OTR	1	0	0	1,600
PRICELINE GROUP INC COM	COM	741503403	1,027	577	SH		SOLE		74	0	503
PRICELINE GROUP INC COM	COM	741503403	2,220	1,247	SH		OTR	1	0	0	1,247
PROCTER & GAMBLE CO COM	COM	742718109	881	9,803	SH		SOLE		2,470	0	7,333
PROCTER & GAMBLE CO COM	COM	742718109	1,544	17,179	SH		OTR	1	0	0	17,179
PROCTER & GAMBLE CO COM	COM	742718109	449	5,000	SH		OTR		0	0	5,000
QUALCOMM INC COM	COM	747525103	965	16,828	SH		SOLE		4,602	0	12,226
QUALCOMM INC COM	COM	747525103	959	16,718	SH		OTR	1	0	0	16,718
ROPER TECHNOLOGIES INC	COM	776696106	704	3,407	SH		SOLE		423	0	2,984
ROPER TECHNOLOGIES INC	COM	776696106	1,130	5,472	SH		OTR	1	0	0	5,472
SCHLUMBERGER LTD COM	COM	806857108	588	7,532	SH		SOLE		2,610	0	4,922
SCHLUMBERGER LTD COM	COM	806857108	1,027	13,153	SH		OTR	1	0	0	13,153
SCHLUMBERGER LTD COM	COM	806857108	78	1,000	SH		OTR		0	0	1,000
SHERWIN WILLIAMS CO COM	COM	824348106	1,028	3,315	SH		SOLE		3,315	0	0
SOUTHERN CO COM	COM	842587107	192	3,850	SH		SOLE		1,400	0	2,450
SOUTHERN CO COM	COM	842587107	149	3,000	SH		OTR		0	0	3,000
SOUTHERN CO COM	COM	842587107	192	3,850	SH		OTR	1	0	0	3,850
STANLEY BLACK & DECKER, INC.	COM	854502101	165	1,241	SH		SOLE		469	0	772
STANLEY BLACK & DECKER, INC.	COM	854502101	186	1,400	SH		OTR	1	0	0	1,400
STARBUCKS CORP COM	COM	855244109	134	2,300	SH		SOLE		0	0	2,300
STARBUCKS CORP COM	COM	855244109	749	12,825	SH		OTR	1	0	0	12,825
STATE STREET CORP COM	COM	857477103	187	2,350	SH		SOLE		450	0	1,900
STATE STREET CORP COM	COM	857477103	119	1,500	SH		OTR	1	0	0	1,500
SUNCOR ENERGY	COM	867224107	140	4,545	SH		SOLE		2,125	0	2,420
SUNCOR ENERGY	COM	867224107	204	6,628	SH		OTR	1	0	0	6,628
T ROWE PRICE GROUP INC	COM	74144T108	354	5,200	SH		SOLE		1,290	0	3,910
T ROWE PRICE GROUP INC	COM	74144T108	479	7,033	SH		OTR	1	0	0	7,033
TARGET CORP COM	COM	87612E106	755	13,688	SH		SOLE		3,967	0	9,721
TARGET CORP COM	COM	87612E106	854	15,469	SH		OTR	1	0	0	15,469
TARGET CORP COM	COM	87612E106	276	5,000	SH		OTR		0	0	5,000
THERMO FISHER SCIENTIFIC	COM	883556102	151	985	SH		SOLE		185	0	800
THERMO FISHER SCIENTIFIC	COM	883556102	530	3,450	SH		OTR	1	0	0	3,450
TIFFANY & CO NEW COM	COM	886547108	572	6,000	SH		OTR		0	0	6,000
TIFFANY & CO NEW COM	COM	886547108	105	1,100	SH		OTR	1	0	0	1,100
TRAVELERS COMPANIES INC COM	COM	89417E109	247	2,053	SH		SOLE		1,600	0	453
TRAVELERS COMPANIES INC COM	COM	89417E109	24	199	SH		OTR	1	0	0	199
U.S. BANCORP COM (NEW)	COM	902973304	350	6,790	SH		SOLE		3,861	0	2,929
U.S. BANCORP COM (NEW)	COM	902973304	432	8,389	SH		OTR	1	0	0	8,389
U.S. GLOBAL NANOSPACE INC	COM	91729j107	0	107,000	SH		OTR	1	0	0	107,000
UNION PACIFIC CORP COM	COM	907818108	3,925	37,057	SH		SOLE		13,473	0	23,584
UNION PACIFIC CORP COM	COM	907818108	4,008	37,836	SH		OTR	1	0	0	37,836
UNION PACIFIC CORP COM	COM	907818108	1,801	17,000	SH		OTR		0	0	17,000
UNITED PARCEL SERVICE CL B	COM	911312106	131	1,220	SH		SOLE		0	0	1,220
UNITED PARCEL SERVICE CL B	COM	911312106	499	4,650	SH		OTR	1	0	0	4,650
UNITED TECHNOLOGIES CORP COM	COM	913017109	719	6,406	SH		SOLE		1,654	0	4,752
UNITED TECHNOLOGIES CORP COM	COM	913017109	1,070	9,538	SH		OTR	1	0	0	9,538
UNITED TECHNOLOGIES CORP COM	COM	913017109	449	4,000	SH		OTR		0	0	4,000
VANGUARD FTSE ALL-WORLD EX-US	COM	922042775	1,579	33,009	SH		SOLE		9,296	0	23,713
VANGUARD FTSE ALL-WORLD EX-US	COM	922042775	6,030	126,065	SH		OTR	1	0	2,400	123,665
VANGUARD INDEX FUNDS REIT VIPE	COM	922908553	17	200	SH		SOLE		200	0	0
VANGUARD INDEX FUNDS REIT VIPE	COM	922908553	373	4,516	SH		OTR	1	0	0	4,516
VERIZON COMMUNICATIONS COM	COM	92343V104	744	15,262	SH		SOLE		6,727	0	8,535
VERIZON COMMUNICATIONS COM	COM	92343V104	975	20,000	SH		OTR		0	0	20,000
VERIZON COMMUNICATIONS COM	COM	92343V104	811	16,631	SH		OTR	1	0	0	16,631
VISA INC. CLASS A	COM	92826C839	1,078	12,130	SH		SOLE		1,734	0	10,396
VISA INC. CLASS A	COM	92826C839	1,776	19,980	SH		OTR	1	0	0	19,980
WAL MART STORES INC COM	COM	931142103	232	3,225	SH		SOLE		1,600	0	1,625
WAL MART STORES INC COM	COM	931142103	423	5,874	SH		OTR	1	0	0	5,874
WAL MART STORES INC COM	COM	931142103	505	7,000	SH		OTR		0	0	7,000
WALGREENS BOOTS ALLIANCE INC	COM	931427108	127	1,525	SH		SOLE		825	0	700
WALGREENS BOOTS ALLIANCE INC	COM	931427108	246	2,968	SH		OTR	1	0	0	2,968
WEC ENERGY GROUP INC	COM	92939U106	297	4,900	SH		OTR	1	0	0	4,900
WELLS FARGO & CO DEL COM (NEW)	COM	949746101	1,195	21,467	SH		SOLE		6,973	0	14,494
WELLS FARGO & CO DEL COM (NEW)	COM	949746101	1,710	30,725	SH		OTR	1	0	0	30,725
BUCKEYE PARTNERS L P UNIT LTD	COM	118230101	1,143	16,677	SH		SOLE		6,615	0	10,062
BUCKEYE PARTNERS L P UNIT LTD	COM	118230101	352	5,127	SH		OTR	1	0	0	5,127
BUCKEYE PARTNERS L P UNIT LTD	COM	118230101	206	3,000	SH		OTR		0	0	3,000
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	185	9,725	SH		SOLE		7,625	0	2,100
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	214	11,250	SH		OTR	1	0	0	11,250
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	190	10,000	SH		OTR		0	0	10,000
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	288	10,431	SH		SOLE		5,886	0	4,545
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	144	5,208	SH		OTR		0	0	5,208
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	117	4,252	SH		OTR	1	0	0	4,252
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	207	6,541	SH		SOLE		4,244	0	2,297
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	124	3,915	SH		OTR	1	0	0	3,915
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	95	3,000	SH		OTR		0	0	3,000