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
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
ABBVIE INC COM 00287y109 6,757 118,295 SH   SOLE   104,088 0 14,207
ALTRIA GROUP INC COM 02209s103 2,500 39,900 SH   SOLE   34,215 0 5,685
AMERISAFE INC COM 03071h100 251 4,771 SH   SOLE   3,893 0 878
APPLE INC COM 037833100 3,769 34,578 SH   SOLE   31,158 0 3,420
AT&T INC COM 00206r102 5,271 134,576 SH   SOLE   119,053 0 15,523
BANK AMER CORP COM 060505104 2,569 190,029 SH   SOLE   165,101 0 24,928
BLACKROCK INC COM 09247x101 3,777 11,089 SH   SOLE   9,941 0 1,148
BOEING CO COM 097023105 5,780 45,537 SH   SOLE   40,036 0 5,501
BP PLC SPONSORED ADR 055622104 1,697 56,241 SH   SOLE   46,493 0 9,748
CABOT CORP COM 127055101 242 5,017 SH   SOLE   4,087 0 930
CAMBREX CORP COM 132011107 219 4,977 SH   SOLE   4,123 0 854
CATHAY GEN BANCORP COM 149150104 686 24,210 SH   SOLE   24,210 0 0
CBS CORP NEW CL B 124857202 4,975 90,311 SH   SOLE   80,780 0 9,531
CHEVRON CORP NEW COM 166764100 1,593 16,702 SH   SOLE   13,987 0 2,715
CISCO SYS INC COM 17275r102 4,092 143,730 SH   SOLE   127,686 0 16,044
CITIGROUP INC COM NEW 172967424 3,156 75,596 SH   SOLE   67,652 0 7,944
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 2,304 36,754 SH   SOLE   31,934 0 4,820
COMCAST CORP NEW CL A 20030n101 2,102 34,408 SH   SOLE   29,965 0 4,443
COMMUNITY HEALTH SYS INC NEW COM 203668108 1,850 99,964 SH   SOLE   88,143 0 11,821
CONNECTONE BANCORP INC NEW COM 20786w107 232 14,161 SH   SOLE   11,962 0 2,199
CVS HEALTH CORP COM 126650100 4,320 41,645 SH   SOLE   37,525 0 4,120
DAKTRONICS INC COM 234264109 1,605 203,168 SH   SOLE   171,596 0 31,572
DELPHI AUTOMOTIVE PLC SHS g27823106 5,792 77,200 SH   SOLE   69,394 0 7,806
DOMTAR CORP COM NEW 257559203 2,152 53,133 SH   SOLE   44,755 0 8,378
DU PONT E I DE NEMOURS & CO COM 263534109 252 3,980 SH   SOLE   2,342 0 1,638
ENSIGN GROUP INC COM 29358p101 223 9,850 SH   SOLE   8,079 0 1,771
EXACTECH INC COM 30064e109 330 16,267 SH   SOLE   13,592 0 2,675
EXPRESS SCRIPTS HLDG CO COM 30219g108 2,750 40,030 SH   SOLE   35,218 0 4,812
EXXON MOBIL CORP COM 30231g102 268 3,210 SH   SOLE   3,210 0 0
F5 NETWORKS INC COM 315616102 2,200 20,782 SH   SOLE   17,976 0 2,806
FEDEX CORP COM 31428x106 4,205 25,845 SH   SOLE   23,251 0 2,594
FIRST BUS FINL SVCS INC WIS COM 319390100 229 9,996 SH   SOLE   8,150 0 1,846
FIRST SOLAR INC COM 336433107 2,718 39,692 SH   SOLE   34,434 0 5,258
FLIR SYS INC COM 302445101 310 9,410 SH   SOLE   7,891 0 1,519
FORD MTR CO DEL COM PAR $0.01 345370860 6,411 474,858 SH   SOLE   418,023 0 56,835
GALLAGHER ARTHUR J & CO COM 363576109 3,248 73,022 SH   SOLE   64,827 0 8,195
GENERAL ELECTRIC CO COM 369604103 289 9,100 SH   SOLE   9,100 0 0
GENERAL MTRS CO COM 37045v100 3,699 117,701 SH   SOLE   103,875 0 13,826
GENTEX CORP COM 371901109 231 14,728 SH   SOLE   12,321 0 2,407
GILEAD SCIENCES INC COM 375558103 3,519 38,304 SH   SOLE   34,505 0 3,799
GOLDMAN SACHS GROUP INC COM 38141g104 2,284 14,549 SH   SOLE   13,003 0 1,546
HAIN CELESTIAL GROUP INC COM 405217100 262 6,409 SH   SOLE   5,354 0 1,055
HERITAGE COMMERCE CORP COM 426927109 231 23,072 SH   SOLE   19,323 0 3,749
HERITAGE FINL CORP WASH COM 42722x106 238 13,569 SH   SOLE   11,044 0 2,525
HOSPITALITY PPTYS TR COM SH BEN INT 44106m102 2,202 82,921 SH   SOLE   69,886 0 13,035
INTEL CORP COM 458140100 4,094 126,563 SH   SOLE   112,599 0 13,964
INTL PAPER CO COM 460146103 5,255 128,056 SH   SOLE   112,118 0 15,938
ISHARES TR IBOXX INV CP ETF 464287242 346 2,909 SH   SOLE   2,552 0 357
ISHARES TR S&P 500 GRWT ETF 464287309 563 4,860 SH   SOLE   4,860 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 400 4,050 SH   SOLE   4,050 0 0
ISHARES TR U.S. PFD STK ETF 464288687 4,206 107,774 SH   SOLE   92,593 0 15,181
JABIL CIRCUIT INC COM 466313103 3,517 182,504 SH   SOLE   164,002 0 18,502
JOHNSON & JOHNSON COM 478160104 3,952 36,521 SH   SOLE   32,366 0 4,155
JOHNSON CTLS INC COM 478366107 6,706 172,069 SH   SOLE   151,624 0 20,445
JPMORGAN CHASE & CO COM 46625h100 6,477 109,379 SH   SOLE   96,841 0 12,538
KEYCORP NEW COM 493267108 3,263 295,606 SH   SOLE   264,492 0 31,114
LAKELAND BANCORP INC COM 511637100 209 20,587 SH   SOLE   17,252 0 3,335
LANDEC CORP COM 514766104 157 14,986 SH   SOLE   12,166 0 2,820
MATRIX SVC CO COM 576853105 229 12,964 SH   SOLE   10,763 0 2,201
MCKESSON CORP COM 58155q103 2,578 16,397 SH   SOLE   14,266 0 2,131
MICROSOFT CORP COM 594918104 2,536 45,917 SH   SOLE   39,619 0 6,298
MODINE MFG CO COM 607828100 175 15,922 SH   SOLE   12,973 0 2,949
MYLAN N V SHS EURO n59465109 2,456 52,997 SH   SOLE   45,694 0 7,303
NORWEGIAN CRUISE LINE HLDGS SHS g66721104 2,746 49,665 SH   SOLE   43,066 0 6,599
ORACLE CORP COM 68389x105 3,800 92,897 SH   SOLE   83,253 0 9,644
PFIZER INC COM 717081103 7,401 249,695 SH   SOLE   220,546 0 29,149
PHOTRONICS INC COM 719405102 217 20,867 SH   SOLE   17,437 0 3,430
PROCTER & GAMBLE CO COM 742718109 4,508 54,764 SH   SOLE   48,392 0 6,372
PRUDENTIAL FINL INC COM 744320102 6,416 88,843 SH   SOLE   78,139 0 10,704
QUALCOMM INC COM 747525103 6,105 119,385 SH   SOLE   104,620 0 14,765
RLJ LODGING TR COM 74965L101 3,003 131,249 SH   SOLE   114,993 0 16,256
ROFIN SINAR TECHNOLOGIES INC COM 775043102 262 8,121 SH   SOLE   6,574 0 1,547
RYDER SYS INC COM 783549108 7,504 115,839 SH   SOLE   102,295 0 13,544
SCANSOURCE INC COM 806037107 241 5,978 SH   SOLE   4,880 0 1,098
SERVICE CORP INTL COM 817565104 334 13,526 SH   SOLE   11,343 0 2,183
SKYWORKS SOLUTIONS INC COM 83088m102 1,983 25,458 SH   SOLE   22,184 0 3,274
SOUTHWEST AIRLS CO COM 844741108 3,195 71,308 SH   SOLE   62,364 0 8,944
SPDR S&P 500 ETF TR TR UNIT 78462f103 753 3,663 SH   SOLE   3,663 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464a417 3,394 99,082 SH   SOLE   86,186 0 12,896
STAPLES INC COM 855030102 4,799 435,130 SH   SOLE   385,935 0 49,195
STEEL DYNAMICS INC COM 858119100 6,505 288,970 SH   SOLE   252,913 0 36,057
STEELCASE INC CL A 858155203 1,385 92,836 SH   SOLE   86,038 0 6,798
TE CONNECTIVITY LTD REG SHS h84989104 3,827 61,810 SH   SOLE   55,414 0 6,396
THOR INDS INC COM 885160101 2,131 33,418 SH   SOLE   31,118 0 2,300
UMPQUA HLDGS CORP COM 904214103 4,446 280,333 SH   SOLE   247,950 0 32,383
UNION PAC CORP COM 907818108 3,008 37,809 SH   SOLE   33,827 0 3,982
UNITED CMNTY BKS BLAIRSVLE G COM 90984p303 227 12,299 SH   SOLE   10,319 0 1,980
UNITED PARCEL SERVICE INC CL B 911312106 2,113 20,037 SH   SOLE   17,007 0 3,030
UNITEDHEALTH GROUP INC COM 91324p102 4,057 31,477 SH   SOLE   28,250 0 3,227
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206c870 711 8,180 SH   SOLE   7,452 0 728
VISHAY INTERTECHNOLOGY INC COM 928298108 287 23,519 SH   SOLE   19,595 0 3,924
WELLTOWER INC COM 95040q104 2,125 30,641 SH   SOLE   26,025 0 4,616
WESTERN DIGITAL CORP COM 958102105 1,902 40,262 SH   SOLE   36,720 0 3,542
WHIRLPOOL CORP COM 963320106 4,804 26,637 SH   SOLE   23,878 0 2,759