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
Abbott Laboratories Common 002824100 342 8,687 SH   SOLE   8,687 0 0
Abbvie Inc Common 00287Y109 354 5,717 SH   SOLE   5,717 0 0
Air Industries Group Inc Common 00912N205 198 41,746 SH   SOLE   41,746 0 0
Alphabet Inc - Cl C Non-Voting Common 02079K107 3,538 5,112 SH   SOLE   5,112 0 0
Alphabet Inc - Par Ordinary Common 02079K305 4,582 6,513 SH   SOLE   6,513 0 0
Altria Group Inc Common 02209S103 396 5,742 SH   SOLE   5,742 0 0
American International Group Common 026874784 12,984 245,484 SH   SOLE   245,484 0 0
Anadarko Petroleum Corp Common 032511107 294 5,524 SH   SOLE   5,524 0 0
Ares Capital Corp. Conv Bond 04010LAG8 1,834 1,800,000 PRN   SOLE   1,800,000 0 0
Bank of New York Mellon Common 064058100 335 8,635 SH   SOLE   8,635 0 0
Berkshire Hathaway Inc Cl-B Common 084670702 17,255 119,171 SH   SOLE   119,171 0 0
Boeing Co Common 097023105 275 2,116 SH   SOLE   2,116 0 0
Bridgeline Digital Inc - Reg D Common 10807Q304 67 63,158 SH   SOLE   63,158 0 0
Bristol-Myers Squibb Co Common 110122108 423 5,748 SH   SOLE   5,748 0 0
Capital One Financial Corp. Warrants Warrant 14040H139 315 13,200 SH   SOLE   13,200 0 0
CenturyLink, Inc. Common 156700106 232 8,011 SH   SOLE   8,011 0 0
Chart Industries Inc. Conv Bond 16115QAC4 1,396 1,500,000 PRN   SOLE   1,500,000 0 0
Chesapeake Energy Corp - Callable after 05/15/17 Conv Bond 165167BZ9 2,399 2,600,000 PRN   SOLE   2,600,000 0 0
Chevron Corp Common 166764100 416 3,972 SH   SOLE   3,972 0 0
Chicago Bridge & Iron Company NV Common 167250109 8,878 256,378 SH   SOLE   256,378 0 0
Cisco Systems Inc Common 17275R102 11,674 406,893 SH   SOLE   406,893 0 0
Citigroup Inc Common 172967424 7,145 168,564 SH   SOLE   168,564 0 0
Coca-Cola Co Common 191216100 416 9,169 SH   SOLE   9,169 0 0
Consol Energy Inc Common 20854P109 11,747 730,105 SH   SOLE   730,105 0 0
Danaher Corp Common 235851102 13,042 129,133 SH   SOLE   129,133 0 0
Emerson Electric Co Common 291011104 377 7,231 SH   SOLE   7,231 0 0
Exxon Mobil Corp Common 30231G102 669 7,132 SH   SOLE   7,132 0 0
Fair Isaac & Co Common 303250104 2,281 20,184 SH   SOLE   20,184 0 0
First Financial Bancorp Warrants Warrant 320209117 532 72,720 SH   SOLE   72,720 0 0
Fiserv Inc Wisconsin Common 337738108 331 3,045 SH   SOLE   3,045 0 0
General Electric Co Common 369604103 683 21,711 SH   SOLE   21,711 0 0
Genworth Financial Inc Cl-A Common 37247d106 55 21,163 SH   SOLE   21,163 0 0
Goldman Sachs Group Inc Common 38141G104 7,296 49,103 SH   SOLE   49,103 0 0
Hartford Financial Service Group Warrants Warrant 416515120 7,320 197,878 SH   SOLE   197,878 0 0
Hewlett Packard Enterprise Common 42824C109 4,024 220,243 SH   SOLE   220,243 0 0
Hornbeck Offshore Services Conv Bond 440543AN6 1,360 2,370,000 PRN   SOLE   2,370,000 0 0
HP Inc Common 40434L105 2,874 229,023 SH   SOLE   229,023 0 0
Illinois Tool Works Inc Common 452308109 11,179 107,329 SH   SOLE   107,329 0 0
Intel Corp Conv Bond 458140AD2 1,810 1,400,000 PRN   SOLE   1,400,000 0 0
iShares Barclays 1-3 Year Cr ETF 464288646 4,943 46,588 SH   SOLE   46,588 0 0
Jefferies Group - Putable at 100 Conv Bond 472319AG7 2,025 2,000,000 PRN   SOLE   2,000,000 0 0
Johnson & Johnson Common 478160104 16,836 138,794 SH   SOLE   138,794 0 0
JPMorgan Chase & Co Common 46625H100 305 4,906 SH   SOLE   4,906 0 0
Kohl's Corp Common 500255104 8,757 230,921 SH   SOLE   230,921 0 0
Leucadia National Corp Common 527288104 10,859 626,625 SH   SOLE   626,625 0 0
Lincoln National Corp Warrants Warrant 534187117 492 16,260 SH   SOLE   16,260 0 0
Linkedin Corp. Conv Bond 53578AAB4 2,319 2,350,000 PRN   SOLE   2,350,000 0 0
Loews Corp. Common 540424108 10,430 253,828 SH   SOLE   253,828 0 0
Mednax Inc Common 58502B106 360 4,967 SH   SOLE   4,967 0 0
Memorial Production Partners Common 586048100 19 10,000 SH   SOLE   10,000 0 0
Merck & Co Inc Common 58933Y105 224 3,889 SH   SOLE   3,889 0 0
Microsoft Corp Common 594918104 10,741 209,899 SH   SOLE   209,899 0 0
National Presto Industries Common 637215104 11,777 124,818 SH   SOLE   124,818 0 0
Park National Corp Common 700658107 2,095 22,823 SH   SOLE   22,823 0 0
Paychex Inc Common 704326107 480 8,060 SH   SOLE   8,060 0 0
Pepsico Inc Common 713448108 272 2,566 SH   SOLE   2,566 0 0
Pfizer Inc Common 717081103 220 6,235 SH   SOLE   6,235 0 0
Procter & Gamble Co Common 742718109 503 5,936 SH   SOLE   5,936 0 0
RAIT Financial Trust Common 749227609 149 47,739 SH   SOLE   47,739 0 0
Rait Financial Trust - Putable at 100 Conv Bond 749227AB0 1,939 2,166,000 PRN   SOLE   2,166,000 0 0
Redwood Trust Inc. Conv Bond 758075AB1 2,248 2,275,000 PRN   SOLE   2,275,000 0 0
Republic Services Inc Common 760759100 11,338 220,974 SH   SOLE   220,974 0 0
RTI Intl Metals Conv Bond 74973WAB3 2,512 2,370,000 PRN   SOLE   2,370,000 0 0
Schwab International Equity Fund ETF Common 808524805 295 10,880 SH   SOLE   10,880 0 0
Servisfirst Bancshares Inc Common 81768T108 4,452 90,148 SH   SOLE   90,148 0 0
Smith & Wesson Holding Corp Common 831756101 10,661 392,246 SH   SOLE   392,246 0 0
State National Companies Inc. Common 85711T305 206 19,545 SH   SOLE   19,545 0 0
Stryker Corp Common 863667101 12,117 101,121 SH   SOLE   101,121 0 0
Thermo Fisher Scientific Inc Common 883556102 9,350 63,281 SH   SOLE   63,281 0 0
Time Warner Inc Common 887317303 312 4,248 SH   SOLE   4,248 0 0
Unitedhealth Group Inc Common 91324P102 209 1,477 SH   SOLE   1,477 0 0
Vanguard Total World Stock ETF Common 922042742 294 5,070 SH   SOLE   5,070 0 0
Wal-Mart Stores Inc Common 931142103 518 7,099 SH   SOLE   7,099 0 0
Waste Management Inc Common 94106L109 550 8,306 SH   SOLE   8,306 0 0
Wells Fargo & Co Common 949746101 9,956 210,348 SH   SOLE   210,348 0 0
Xerox Corp Common 984121103 8,877 935,365 SH   SOLE   935,365 0 0