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
ABB LTD ADR EACH COM 375204 19,276 725,775 SH   SOLE 0 0 0 725,775
AFLAC INC COM 1055102 572 8,575 SH   SOLE 0 0 0 8,575
AGCO CORP COM 1084102 1,982 33,500 SH   SOLE 0 0 0 33,500
ABBOTT LABORATORIES COM 2824100 2,673 69,754 SH   SOLE 0 0 0 69,754
ABERDEEN ASIA COM 3009107 297 51,585 SH   SOLE 0 0 0 51,585
ADAMS EXPRESS COM 6212104 1,110 84,935 SH   SOLE 0 0 0 84,935
ALASKA AIR GROUP INC COM 11659109 242 3,300 SH   SOLE 0 0 0 3,300
ALBEMARLE CORP COM 12653101 316 5,000 SH   SOLE 0 0 0 5,000
ALCOA INC COM 13817101 241 22,738 SH   SOLE 0 0 0 22,738
ALLIED MOTION COM 19330109 170 13,700 SH   SOLE 0 0 0 13,700
ALLSTATE CORP COM 20002101 363 6,669 SH   SOLE 0 0 0 6,669
AMAZON.COM INC COM 23135106 4,911 12,314 SH   SOLE 0 0 0 12,314
AMERICAN EXPRESS CO COM 25816109 365 4,028 SH   SOLE 0 0 0 4,028
AMERICAN INTL GROUP COM 26874784 2,992 58,611 SH   SOLE 0 0 0 58,611
AMGEN INC COM 31162100 3,871 33,939 SH   SOLE 0 0 0 33,939
ANADARKO PETE CORP COM 32511107 220 2,779 SH   SOLE 0 0 0 2,779
ANNALY CAPITAL COM 35710409 117 11,745 SH   SOLE 0 0 0 11,745
ANTARES PHARMA INC COM 36642106 1,157 259,000 SH   SOLE 0 0 0 259,000
APACHE CORP COM 37411105 225 2,618 SH   SOLE 0 0 0 2,618
APPLE INC COM 37833100 24,000 42,777 SH   SOLE 0 0 0 42,777
ARMOUR RESIDENTIAL COM 42315101 363 90,650 SH   SOLE 0 0 0 90,650
AUTODESK INC COM 52769106 600 11,935 SH   SOLE 0 0 0 11,935
AUTOMATIC DATA COM 53015103 7,570 93,698 SH   SOLE 0 0 0 93,698
BP PLC ADR (CNV INTO COM 55622104 9,638 198,277 SH   SOLE 0 0 0 198,277
BAKER HUGHES INC COM 57224107 340 6,170 SH   SOLE 0 0 0 6,170
BANK OF AMERICA COM 60505104 4,415 283,572 SH   SOLE 0 0 0 283,572
BANK OF MONTREAL COM COM 63671101 5,035 75,538 SH   SOLE 0 0 0 75,538
BARRICK GOLD CORP COM 67901108 1,678 95,216 SH   SOLE 0 0 0 95,216
BECTON DICKINSON CO COM 75887109 1,836 16,617 SH   SOLE 0 0 0 16,617
BERKLEY W R CORP COM 84423102 226 5,212 SH   SOLE 0 0 0 5,212
BERKSHIRE HATHAWAY COM 84670108 2,490 14 SH   SOLE 0 0 0 14
BERKSHIRE HATHAWAY COM 84670702 8,500 71,697 SH   SOLE 0 0 0 71,697
BHP BILLITON LIMITED COM 88606108 5,082 74,528 SH   SOLE 0 0 0 74,528
BLACK HILLS CORP COM 92113109 651 12,401 SH   SOLE 0 0 0 12,401
BOARDWALK PIPELINE COM 96627104 6,547 256,555 SH   SOLE 0 0 0 256,555
BOEING CO COM 97023105 12,151 89,032 SH   SOLE 0 0 0 89,032
BOSTON SCIENTIFIC COM 101137107 515 42,850 SH   SOLE 0 0 0 42,850
BRIGGS & STRATTON COM 109043109 219 10,100 SH   SOLE 0 0 0 10,100
BRISTOL MYERS SQUIBB COM 110122108 4,118 77,492 SH   SOLE 0 0 0 77,492
BROWN FORMAN CORP COM 115637100 572 7,760 SH   SOLE 0 0 0 7,760
BUCKEYE PARTNERS L P COM 118230101 1,565 22,050 SH   SOLE 0 0 0 22,050
CVS CAREMARK CORP COM 126650100 360 5,037 SH   SOLE 0 0 0 5,037
CALUMET SPECIALTY COM 131476103 292 11,235 SH   SOLE 0 0 0 11,235
CAMPBELL SOUP CO COM 134429109 1,013 23,425 SH   SOLE 0 0 0 23,425
CARNIVAL CORP COM COM 143658300 23,834 593,332 SH   SOLE 0 0 0 593,332
CATERPILLAR INC COM 149123101 1,356 14,938 SH   SOLE 0 0 0 14,938
CELGENE CORP COM 151020104 1,499 8,872 SH   SOLE 0 0 0 8,872
CENTURYLINK INC COM 156700106 200 6,305 SH   SOLE 0 0 0 6,305
CHESAPEAKE ENERGY COM 165167107 370 13,645 SH   SOLE 0 0 0 13,645
CHEVRON CORP NEW COM 166764100 22,187 177,629 SH   SOLE 0 0 0 177,629
CHUBB CORP COM 171232101 1,753 18,142 SH   SOLE 0 0 0 18,142
CITIGROUP INC COM 172967424 358 6,873 SH   SOLE 0 0 0 6,873
CLEAN HBRS INC COM 184496107 617 10,295 SH   SOLE 0 0 0 10,295
CLOROX CO DEL COM 189054109 550 5,938 SH   SOLE 0 0 0 5,938
COCA COLA CO COM 191216100 6,418 155,376 SH   SOLE 0 0 0 155,376
COEUR MINING INC COM COM 192108504 116 10,768 SH   SOLE 0 0 0 10,768
COLGATE-PALMOLIVE CO COM 194162103 547 8,396 SH   SOLE 0 0 0 8,396
COLUMBIA BKG SYS INC COM 197236102 1,786 64,977 SH   SOLE 0 0 0 64,977
COLUMBIA SPORTSWEAR COM 198516106 9,914 125,900 SH   SOLE 0 0 0 125,900
CIA ENERGETICA MINAS COM 204409601 182 23,421 SH   SOLE 0 0 0 23,421
CONAGRA FOODS INC COM 205887102 16,140 478,937 SH   SOLE 0 0 0 478,937
CONCUR TECHNOLOGIES COM 206708109 1,055 10,231 SH   SOLE 0 0 0 10,231
CONSOLIDATED EDISON COM 209115104 273 4,953 SH   SOLE 0 0 0 4,953
CORNING INC COM 219350105 22,668 1,272,098 SH   SOLE 0 0 0 1,272,098
CRAY INC COM NEW COM 225223304 663 24,160 SH   SOLE 0 0 0 24,160
CYPRESS SEMICONDUCTR COM 232806109 369 35,180 SH   SOLE 0 0 0 35,180
DCT INDL TR INC COM 233153105 270 37,950 SH   SOLE 0 0 0 37,950
DANAHER CORP COM 235851102 297 3,859 SH   SOLE 0 0 0 3,859
DEERE & COMPANY COM 244199105 442 4,842 SH   SOLE 0 0 0 4,842
DELTIC TIMBER CORP COM 247850100 2,500 36,798 SH   SOLE 0 0 0 36,798
DIGITAL RLTY TR INC COM 253868103 46,412 944,870 SH   SOLE 0 0 0 944,870
DISNEY WALT CO COM 254687106 1,358 17,776 SH   SOLE 0 0 0 17,776
DR REDDYS COM 256135203 210 5,125 SH   SOLE 0 0 0 5,125
DONNELLEY R R & SONS COM 257867101 435 21,488 SH   SOLE 0 0 0 21,488
DOVER CORP COM 260003108 1,615 16,735 SH   SOLE 0 0 0 16,735
DOW CHEMICAL CO COM 260543103 968 21,812 SH   SOLE 0 0 0 21,812
DU PONT E I DE COM 263534109 1,347 20,740 SH   SOLE 0 0 0 20,740
E M C CORP MASS COM 268648102 856 34,075 SH   SOLE 0 0 0 34,075
EXCO RES INC COM COM 269279402 347 65,399 SH   SOLE 0 0 0 65,399
EASTERN INS HLDGS COM 276534104 795 32,500 SH   SOLE 0 0 0 32,500
EBAY INC COM 278642103 750 13,671 SH   SOLE 0 0 0 13,671
EL PASO PIPELINE COM 283702108 5,140 142,796 SH   SOLE 0 0 0 142,796
ELECTRO SCIENTIFIC COM 285229100 333 31,870 SH   SOLE 0 0 0 31,870
EMERSON ELECTRIC CO COM 291011104 10,381 147,920 SH   SOLE 0 0 0 147,920
ENCANA CORPORATION COM 292505104 2,316 128,315 SH   SOLE 0 0 0 128,315
ENTERPRISE PRODUCTS COM 293792107 9,394 141,697 SH   SOLE 0 0 0 141,697
ESTERLINE TECH CORP COM 297425100 652 6,400 SH   SOLE 0 0 0 6,400
EXONE CO COM USD0.01 COM 302104104 589 9,750 SH   SOLE 0 0 0 9,750
EXPEDITORS INTL COM 302130109 2,497 56,438 SH   SOLE 0 0 0 56,438
FEDERATED INVESTORS COM 314211103 788 27,365 SH   SOLE 0 0 0 27,365
F5 NETWORKS INC COM 315616102 35,542 391,182 SH   SOLE 0 0 0 391,182
FIRSTENERGY CORP COM 337932107 25,527 774,019 SH   SOLE 0 0 0 774,019
FORD MTR CO DEL COM 345370860 2,480 160,729 SH   SOLE 0 0 0 160,729
FRIEDMAN INDS INC COM 358435105 184 21,684 SH   SOLE 0 0 0 21,684
GANNETT CO INC COM 364730101 574 19,408 SH   SOLE 0 0 0 19,408
GAP INC DEL COM 364760108 435 11,147 SH   SOLE 0 0 0 11,147
GENERAL ELECTRIC CO COM 369604103 15,290 545,494 SH   SOLE 0 0 0 545,494
GENERAL MILLS INC COM 370334104 275 5,527 SH   SOLE 0 0 0 5,527
GILEAD SCIENCES COM 375558103 305 4,062 SH   SOLE 0 0 0 4,062
GOLDCORP INC COM NPV COM 380956409 15,518 716,120 SH   SOLE 0 0 0 716,120
GREIF INC CL A COM 397624107 2,031 38,775 SH   SOLE 0 0 0 38,775
H & Q HEALTHCARE FD COM 404052102 251 9,312 SH   SOLE 0 0 0 9,312
HEWLETT-PACKARD CO COM 428236103 467 16,708 SH   SOLE 0 0 0 16,708
HOME DEPOT INC COM 437076102 2,780 33,771 SH   SOLE 0 0 0 33,771
HONEYWELL INTL INC COM 438516106 346 3,788 SH   SOLE 0 0 0 3,788
HOSPIRA INC COM 441060100 38,945 943,451 SH   SOLE 0 0 0 943,451
IMPERIAL OIL COM NPV COM 453038408 2,715 61,390 SH   SOLE 0 0 0 61,390
INTEL CORP COM 458140100 25,335 976,117 SH   SOLE 0 0 0 976,117
INTL BUSINESS MACH COM 459200101 10,057 53,623 SH   SOLE 0 0 0 53,623
ISHARES GOLD TRUST COM 464285105 2,638 225,935 SH   SOLE 0 0 0 225,935
ISHARES MSCI BRAZIL COM 464286400 627 14,050 SH   SOLE 0 0 0 14,050
ISHARES MSCI COM 464286665 289 6,196 SH   SOLE 0 0 0 6,196
ISHARES MSCI COM 464286848 231 19,053 SH   SOLE 0 0 0 19,053
ISHARES SELECT COM 464287168 320 4,496 SH   SOLE 0 0 0 4,496
ISHARES TIPS BOND COM 464287176 227 2,072 SH   SOLE 0 0 0 2,072
ISHARES MSCI COM 464287234 3,868 92,564 SH   SOLE 0 0 0 92,564
ISHARES IBOXX COM 464287242 1,244 10,895 SH   SOLE 0 0 0 10,895
ISHARES MSCI EAFE COM 464287465 4,258 63,474 SH   SOLE 0 0 0 63,474
ISHARES CORE S&P COM 464287507 748 5,593 SH   SOLE 0 0 0 5,593
ISHARES RUSSELL COM 464287598 2,385 25,335 SH   SOLE 0 0 0 25,335
ISHARES JP MORGAN COM 464288281 360 3,330 SH   SOLE 0 0 0 3,330
ISHARES IBOXX HIGH COM 464288513 965 10,395 SH   SOLE 0 0 0 10,395
ISHARES INTERMEDIATE COM 464288638 658 6,102 SH   SOLE 0 0 0 6,102
ISHARES 1-3 YEAR COM 464288646 7,546 71,555 SH   SOLE 0 0 0 71,555
ISHARES US PREFERRED COM 464288687 214 5,820 SH   SOLE 0 0 0 5,820
JOHNSON & JOHNSON COM 478160104 17,674 192,972 SH   SOLE 0 0 0 192,972
JOHNSON CTLS INC COM 478366107 244 4,771 SH   SOLE 0 0 0 4,771
KIMBERLY CLARK CORP COM 494368103 1,408 13,486 SH   SOLE 0 0 0 13,486
KINDER MORGAN ENERGY COM 494550106 253 3,141 SH   SOLE 0 0 0 3,141
KOHLS CORP COM 500255104 28,340 499,391 SH   SOLE 0 0 0 499,391
KONINKLIJKE PHILIPS COM 500472303 2,563 69,348 SH   SOLE 0 0 0 69,348
KROGER CO COM 501044101 2,581 65,315 SH   SOLE 0 0 0 65,315
L-3 COMMUNICATIONS COM 502424104 293 2,749 SH   SOLE 0 0 0 2,749
LAS VEGAS SANDS COM 517834107 399 5,059 SH   SOLE 0 0 0 5,059
LATTICE SEMICONDUCTR COM 518415104 59 10,800 SH   SOLE 0 0 0 10,800
LILLY ELI & CO COM 532457108 3,098 60,746 SH   SOLE 0 0 0 60,746
LINDSAY CORP COM COM 535555106 681 8,230 SH   SOLE 0 0 0 8,230
LOWES COMPANIES COM 548661107 341 6,895 SH   SOLE 0 0 0 6,895
LULULEMON ATHLETICA COM 550021109 5,206 88,201 SH   SOLE 0 0 0 88,201
M D U RES GROUP INC COM 552690109 5,372 175,856 SH   SOLE 0 0 0 175,856
MFRI INC COM 552721102 621 43,277 SH   SOLE 0 0 0 43,277
MAGNA INTERNATIONAL COM 559222401 1,579 19,245 SH   SOLE 0 0 0 19,245
MANITEX INTL INC COM COM 563420108 195 12,300 SH   SOLE 0 0 0 12,300
MARATHON OIL CORP COM 565849106 341 9,672 SH   SOLE 0 0 0 9,672
MCDERMOTT COM 580037109 155 16,977 SH   SOLE 0 0 0 16,977
MCDONALDS CORP COM 580135101 2,403 24,767 SH   SOLE 0 0 0 24,767
MCGRAW HILL COM 580645109 469 6,000 SH   SOLE 0 0 0 6,000
MEDTRONIC INC COM 585055106 1,516 26,420 SH   SOLE 0 0 0 26,420
MICROSOFT CORP COM 594918104 62,994 1,683,883 SH   SOLE 0 0 0 1,683,883
MICRON TECHNOLOGY COM 595112103 474 21,800 SH   SOLE 0 0 0 21,800
MONDELEZ INTL INC COM 609207105 381 10,818 SH   SOLE 0 0 0 10,818
MURPHY OIL CORP COM 626717102 6,730 103,742 SH   SOLE 0 0 0 103,742
MURPHY USA INC COM 626755102 1,027 24,735 SH   SOLE 0 0 0 24,735
MYLAN INC COM 628530107 262 6,048 SH   SOLE 0 0 0 6,048
NATIONAL PRESTO INDS COM 637215104 1,749 21,730 SH   SOLE 0 0 0 21,730
NEW HAMPSHIRE COM 644722100 213 13,985 SH   SOLE 0 0 0 13,985
NEW YORK COMMUNITY COM 649445103 781 46,403 SH   SOLE 0 0 0 46,403
NEWELL RUBBERMAID COM 651229106 545 16,827 SH   SOLE 0 0 0 16,827
NEWMONT MNG CORP COM 651639106 1,109 48,167 SH   SOLE 0 0 0 48,167
NIKE INC CLASS B COM 654106103 976 12,415 SH   SOLE 0 0 0 12,415
NOKIA OYJ ADR EACH COM 654902204 3,944 486,320 SH   SOLE 0 0 0 486,320
NORDSTROM INC COM 655664100 6,054 97,967 SH   SOLE 0 0 0 97,967
NORFOLK SOUTHERN CRP COM 655844108 5,245 56,506 SH   SOLE 0 0 0 56,506
NORTHWEST NAT GAS CO COM 667655104 1,725 40,290 SH   SOLE 0 0 0 40,290
NORTHWEST PIPE CO COM 667746101 1,064 28,185 SH   SOLE 0 0 0 28,185
NOVO-NORDISK AS COM 670100205 10,276 55,619 SH   SOLE 0 0 0 55,619
NUCOR CORP COM 670346105 531 9,965 SH   SOLE 0 0 0 9,965
NUVEEN MUN VALUE FD COM 670928100 2,101 232,508 SH   SOLE 0 0 0 232,508
OCCIDENTAL PETROLEUM COM 674599105 232 2,449 SH   SOLE 0 0 0 2,449
OMEGA HEALTHCARE COM 681936100 253 8,498 SH   SOLE 0 0 0 8,498
OMEROS CORP COM 682143102 895 79,313 SH   SOLE 0 0 0 79,313
ORANGE ADR EACH REPR COM 684060106 745 60,345 SH   SOLE 0 0 0 60,345
OUTERWALL INC COM 690070107 388 5,778 SH   SOLE 0 0 0 5,778
PPG INDUSTRIES COM 693506107 228 1,204 SH   SOLE 0 0 0 1,204
PVR PARTNERS L P COM 693665101 10,951 408,190 SH   SOLE 0 0 0 408,190
PACCAR INC COM 693718108 74,830 1,264,675 SH   SOLE 0 0 0 1,264,675
PAN AMERICAN SILVER COM 697900108 521 44,607 SH   SOLE 0 0 0 44,607
PARK CITY GROUP INC COM 700215304 203 20,000 SH   SOLE 0 0 0 20,000
PARKERVISION INC COM 701354102 282 62,000 SH   SOLE 0 0 0 62,000
PEABODY ENERGY CORP COM 704549104 17,993 921,322 SH   SOLE 0 0 0 921,322
PENN WEST PETROLEUM COM 707887105 755 90,418 SH   SOLE 0 0 0 90,418
PEPSICO INC COM 713448108 13,437 162,018 SH   SOLE 0 0 0 162,018
PERMIAN BASIN RTY TR COM 714236106 993 77,229 SH   SOLE 0 0 0 77,229
PFIZER INC COM 717081103 7,909 258,231 SH   SOLE 0 0 0 258,231
PHILIP MORRIS INTL COM 718172109 1,620 18,598 SH   SOLE 0 0 0 18,598
PHILLIPS 66 COM COM 718546104 433 5,617 SH   SOLE 0 0 0 5,617
PLAINS ALL AMERICAN COM 726503105 1,176 22,722 SH   SOLE 0 0 0 22,722
PLUM CREEK TIMBER CO COM 729251108 6,204 133,402 SH   SOLE 0 0 0 133,402
POTLATCH CORP NEW COM 737630103 3,139 75,209 SH   SOLE 0 0 0 75,209
PRECISION CASTPARTS COM 740189105 1,449 5,381 SH   SOLE 0 0 0 5,381
PRICELINE COM INC COM 741503403 238 205 SH   SOLE 0 0 0 205
PROCTER & GAMBLE CO COM 742718109 7,296 89,624 SH   SOLE 0 0 0 89,624
QUALCOMM INC COM 747525103 6,586 88,709 SH   SOLE 0 0 0 88,709
RAYONIER INC COM 754907103 7,688 182,635 SH   SOLE 0 0 0 182,635
RED LION HOTELS CORP COM 756764106 96 16,000 SH   SOLE 0 0 0 16,000
REDWOOD TRUST INC COM 758075402 595 30,768 SH   SOLE 0 0 0 30,768
REPUBLIC SERVICES COM 760759100 10,141 305,455 SH   SOLE 0 0 0 305,455
REYNOLDS AMERN INC COM 761713106 515 10,320 SH   SOLE 0 0 0 10,320
ROYAL BANK OF CANADA COM 780087102 259 3,858 SH   SOLE 0 0 0 3,858
ROYAL DUTCH SHELL COM 780259107 8,721 116,113 SH   SOLE 0 0 0 116,113
ROYAL DUTCH SHELL COM 780259206 3,824 53,665 SH   SOLE 0 0 0 53,665
ROYAL GOLD INC COM COM 780287108 222 4,837 SH   SOLE 0 0 0 4,837
ROYCE VALUE TR INC COM 780910105 1,883 117,639 SH   SOLE 0 0 0 117,639
SAFEWAY INC COM 786514208 278 8,546 SH   SOLE 0 0 0 8,546
ST JUDE MEDICAL INC COM 790849103 321 5,182 SH   SOLE 0 0 0 5,182
SAN JUAN BASIN RTY COM 798241105 4,363 260,655 SH   SOLE 0 0 0 260,655
SCHLUMBERGER LIMITED COM 806857108 6,581 73,042 SH   SOLE 0 0 0 73,042
SCHMITT INDS INC ORE COM 806870200 92 35,971 SH   SOLE 0 0 0 35,971
SCHNITZER STL INDS COM 806882106 9,267 283,656 SH   SOLE 0 0 0 283,656
SEATTLE GENETICS INC COM 812578102 392 9,828 SH   SOLE 0 0 0 9,828
SEMPRA ENERGY COM 816851109 435 4,848 SH   SOLE 0 0 0 4,848
SIEMENS AG ADR-EACH COM 826197501 827 5,975 SH   SOLE 0 0 0 5,975
SMUCKER J M CO NEW COM 832696405 367 3,544 SH   SOLE 0 0 0 3,544
SOUTHERN CO COM 842587107 3,153 76,719 SH   SOLE 0 0 0 76,719
SOUTHWEST AIRLNS CO COM 844741108 3,077 163,375 SH   SOLE 0 0 0 163,375
SPLUNK INC COM COM 848637104 2,063 30,050 SH   SOLE 0 0 0 30,050
STANCORP FINANCIAL COM 852891100 12,100 182,656 SH   SOLE 0 0 0 182,656
STAPLES INC COM 855030102 1,105 69,600 SH   SOLE 0 0 0 69,600
STARBUCKS CORP COM 855244109 18,240 232,696 SH   SOLE 0 0 0 232,696
STRYKER CORP COM 863667101 808 10,766 SH   SOLE 0 0 0 10,766
SUMMIT ST BK COM 866264203 276 26,317 SH   SOLE 0 0 0 26,317
SYSCO CORP COM 871829107 12,245 339,203 SH   SOLE 0 0 0 339,203
TELEFONICA SA ADR EA COM 879382208 2,239 137,035 SH   SOLE 0 0 0 137,035
TEMPLETON GLOBAL COM 880198106 406 51,104 SH   SOLE 0 0 0 51,104
TEVA PHARMACEUTICAL COM 881624209 17,696 441,540 SH   SOLE 0 0 0 441,540
US BANCORP DEL COM 902973304 9,785 242,205 SH   SOLE 0 0 0 242,205
UMPQUA HOLDINGS CORP COM 904214103 192 10,050 SH   SOLE 0 0 0 10,050
UNILEVER PLC ADS-EA COM 904767704 3,561 86,448 SH   SOLE 0 0 0 86,448
UNION PACIFIC CORP COM 907818108 1,433 8,534 SH   SOLE 0 0 0 8,534
UNITED PARCEL SVC COM 911312106 1,249 11,892 SH   SOLE 0 0 0 11,892
UNITED TECHNOLOGIES COM 913017109 623 5,478 SH   SOLE 0 0 0 5,478
V F CORP COM 918204108 291 4,672 SH   SOLE 0 0 0 4,672
VANGUARD BD INDEX FD COM 921937827 241 3,017 SH   SOLE 0 0 0 3,017
VANGUARD FTSE COM 921943858 384 9,226 SH   SOLE 0 0 0 9,226
VANGUARD MALVERN FDS COM 922020805 1,518 30,779 SH   SOLE 0 0 0 30,779
VANGUARD INTL EQUITY COM 922042775 411 8,112 SH   SOLE 0 0 0 8,112
VANGUARD INTL EQUITY COM 922042858 4,419 107,421 SH   SOLE 0 0 0 107,421
VANGUARD INDEX FDS COM 922908595 918 7,513 SH   SOLE 0 0 0 7,513
VANGUARD INDEX FDS COM 922908744 1,250 16,372 SH   SOLE 0 0 0 16,372
VANGUARD INDEX FDS COM 922908769 1,259 13,131 SH   SOLE 0 0 0 13,131
WALMART STORES INC COM 931142103 1,849 23,507 SH   SOLE 0 0 0 23,507
WALGREEN COMPANY COM 931422109 758 13,200 SH   SOLE 0 0 0 13,200
WASHINGTON BANKING COM 937303105 2,080 117,363 SH   SOLE 0 0 0 117,363
WASHINGTON FEDERAL COM 938824109 24,908 1,069,509 SH   SOLE 0 0 0 1,069,509
WASHINGTON REAL COM 939653101 32,613 1,396,141 SH   SOLE 0 0 0 1,396,141
WELLS FARGO & CO COM 949746101 9,300 204,850 SH   SOLE 0 0 0 204,850
WESTERN UNION CO COM 959802109 7,394 428,645 SH   SOLE 0 0 0 428,645
WEYERHAEUSER CO COM 962166104 8,572 271,531 SH   SOLE 0 0 0 271,531
WHOLE FOODS MKT INC COM 966837106 813 14,072 SH   SOLE 0 0 0 14,072
WILEY JOHN & SONS COM 968223206 7,214 130,700 SH   SOLE 0 0 0 130,700
WOLVERINE WORLD WIDE COM 978097103 407 12,000 SH   SOLE 0 0 0 12,000
XEROX CORP COM 984121103 3,254 267,407 SH   SOLE 0 0 0 267,407
YAHOO INC COM 984332106 734 18,160 SH   SOLE 0 0 0 18,160
ZUMIEZ INC COM 989817101 5,832 224,343 SH   SOLE 0 0 0 224,343
AT&T INC COM 00206R102 17,351 493,510 SH   SOLE 0 0 0 493,510
ABBVIE INC COM COM 00287Y109 16,387 310,298 SH   SOLE 0 0 0 310,298
ADOBE SYS INC COM 00724F101 336 5,612 SH   SOLE 0 0 0 5,612
ALLEGHENY TECH INC COM 01741R102 1,780 49,958 SH   SOLE 0 0 0 49,958
ALTRIA GROUP INC COM 02209S103 1,566 40,802 SH   SOLE 0 0 0 40,802
APOLLO INVT CORP COM 03761U106 99 11,700 SH   SOLE 0 0 0 11,700
AQUA AMERICA INC COM 03836W103 205 8,725 SH   SOLE 0 0 0 8,725
ARCELORMITTAL NY COM 03938L104 396 22,200 SH   SOLE 0 0 0 22,200
BLACKROCK MUNIYIELD COM 09254F100 147 10,500 SH   SOLE 0 0 0 10,500
CBOE HLDGS INC COM COM 12503M108 240 4,623 SH   SOLE 0 0 0 4,623
CYS INVTS INC COM 12673A108 238 32,190 SH   SOLE 0 0 0 32,190
CANADIAN PACIFIC COM 13645T100 4,233 27,976 SH   SOLE 0 0 0 27,976
CISCO SYS INC COM 17275R102 7,381 329,092 SH   SOLE 0 0 0 329,092
CLIFFS NAT RES INC COM 18683K101 258 9,850 SH   SOLE 0 0 0 9,850
COHEN & STEERS COM 19247L106 208 22,001 SH   SOLE 0 0 0 22,001
COMCAST CORP NEW COM 20030N101 2,430 46,768 SH   SOLE 0 0 0 46,768
COMCAST CORP NEW COM 20030N200 328 6,594 SH   SOLE 0 0 0 6,594
CONOCOPHILLIPS COM 20825C104 2,350 33,268 SH   SOLE 0 0 0 33,268
COSTCO WHOLESALE COM 22160K105 10,287 86,432 SH   SOLE 0 0 0 86,432
CUSTOMERS BANCORP COM 23204G100 276 13,500 SH   SOLE 0 0 0 13,500
DENDREON CORP COM 24823Q107 31 10,465 SH   SOLE 0 0 0 10,465
DEVON ENERGY CORP COM 25179M103 15,899 256,980 SH   SOLE 0 0 0 256,980
DIAGEO ADR EACH REPR COM 25243Q205 5,423 40,958 SH   SOLE 0 0 0 40,958
DIAMOND OFFSHORE COM 25271C102 810 14,235 SH   SOLE 0 0 0 14,235
DIRECTV COM USD0.01 COM 25490A309 440 6,372 SH   SOLE 0 0 0 6,372
DUKE ENERGY CORP COM COM 26441C204 397 5,765 SH   SOLE 0 0 0 5,765
ECA MARCELLUS TR I COM 26827L109 100 13,161 SH   SOLE 0 0 0 13,161
ENBRIDGE ENERGY COM 29250R106 4,075 136,434 SH   SOLE 0 0 0 136,434
ENERGY TRANSFER COM 29273R109 261 4,559 SH   SOLE 0 0 0 4,559
EXELON CORP COM 30161N101 1,954 71,343 SH   SOLE 0 0 0 71,343
EXPEDIA INC DEL COM 30212P303 1,129 16,212 SH   SOLE 0 0 0 16,212
EXPRESS SCRIPTS HLDG COM 30219G108 15,746 224,180 SH   SOLE 0 0 0 224,180
EXXON MOBIL CORP COM 30231G102 16,177 159,859 SH   SOLE 0 0 0 159,859
FEI COMPANY COM 30241L109 1,735 19,425 SH   SOLE 0 0 0 19,425
FACEBOOK INC COM COM 30303M102 2,538 46,453 SH   SOLE 0 0 0 46,453
FEDEX CORP COM 31428X106 6,850 47,648 SH   SOLE 0 0 0 47,648
FIRST FINL NORTHWEST COM 32022K102 119 11,550 SH   SOLE 0 0 0 11,550
FREEPORT MCMORAN COM 35671D857 1,646 43,638 SH   SOLE 0 0 0 43,638
FRONTIER COM 35906A108 121 26,098 SH   SOLE 0 0 0 26,098
GENERAL MOTORS CO COM 37045V100 3,760 92,011 SH   SOLE 0 0 0 92,011
GLAXOSMITHKLINE ADR COM 37733W105 5,009 93,826 SH   SOLE 0 0 0 93,826
GOLDMAN SACHS GROUP COM 38141G104 1,339 7,557 SH   SOLE 0 0 0 7,557
GOOGLE INC COM 38259P508 2,448 2,184 SH   SOLE 0 0 0 2,184
HEALTH CARE REIT INC COM 42217K106 4,976 92,896 SH   SOLE 0 0 0 92,896
HERITAGE FINL CORP COM 42722X106 380 22,276 SH   SOLE 0 0 0 22,276
HOME FED BANCORP COM 43710G105 239 16,074 SH   SOLE 0 0 0 16,074
HOMESTREET INC COM COM 43785V102 401 20,065 SH   SOLE 0 0 0 20,065
ISHARES SILVER TR COM 46428Q109 808 43,190 SH   SOLE 0 0 0 43,190
ISHARES S&P GSCI COM 46428R107 217 6,742 SH   SOLE 0 0 0 6,742
JPMORGAN CHASE & CO COM 46625H100 5,175 88,499 SH   SOLE 0 0 0 88,499
KINDER MORGAN INC COM 49456B119 48 11,828 SH   SOLE 0 0 0 11,828
KRAFT FOODS GROUP COM 50076Q106 206 3,827 SH   SOLE 0 0 0 3,827
M & T BANK CORP COM 55261F104 1,464 12,582 SH   SOLE 0 0 0 12,582
MANNKIND CORP COM 56400P201 130 25,000 SH   SOLE 0 0 0 25,000
MARKET VECTORS ETF COM 57060U100 1,240 58,685 SH   SOLE 0 0 0 58,685
MARKET VECTORS ETF COM 57060U217 1,028 19,360 SH   SOLE 0 0 0 19,360
MASTERCARD INC CL A COM 57636Q104 956 1,144 SH   SOLE 0 0 0 1,144
MERCK & CO INC NEW COM 58933Y105 8,494 169,713 SH   SOLE 0 0 0 169,713
MOLSON COORS COM 60871R209 1,797 32,020 SH   SOLE 0 0 0 32,020
MORGAN STANLEY ASIA COM 61744U106 994 60,040 SH   SOLE 0 0 0 60,040
MOSAIC CO NEW COM COM 61945C103 33,593 710,663 SH   SOLE 0 0 0 710,663
NETAPP INC COM COM 64110D104 10,439 253,754 SH   SOLE 0 0 0 253,754
NOVARTIS AG ADR-EACH COM 66987V109 733 9,130 SH   SOLE 0 0 0 9,130
NUANCE COM 67020Y100 175 11,514 SH   SOLE 0 0 0 11,514
NUVEEN PERFORMANCE COM 67062P108 294 21,751 SH   SOLE 0 0 0 21,751
ORACLE CORPORATION COM 68389X105 4,304 112,508 SH   SOLE 0 0 0 112,508
PG & E CORP COM 69331C108 511 12,688 SH   SOLE 0 0 0 12,688
PACER INTL INC TENN COM 69373H106 82 10,000 SH   SOLE 0 0 0 10,000
PACIFIC CONTL CORP COM 69412V108 176 11,062 SH   SOLE 0 0 0 11,062
PENGROWTH ENERGY COM 70706P104 337 54,500 SH   SOLE 0 0 0 54,500
PENNYMAC MORTGAGE COM 70931T103 1,674 72,930 SH   SOLE 0 0 0 72,930
PIMCO INCOME COM 72201J104 156 15,699 SH   SOLE 0 0 0 15,699
PIMCO INCOME COM 72202B100 280 9,915 SH   SOLE 0 0 0 9,915
POTASH CORP OF COM 73755L107 2,587 78,512 SH   SOLE 0 0 0 78,512
POWERSHARES QQQ TR COM 73935A104 721 8,206 SH   SOLE 0 0 0 8,206
POWERSHARES EXCHANGE COM 73936Q769 585 23,525 SH   SOLE 0 0 0 23,525
PUBLIC STORAGE COM 74460D109 1,147 7,626 SH   SOLE 0 0 0 7,626
ROYCE GLOBAL VALUE COM 78081T104 132 14,924 SH   SOLE 0 0 0 14,924
SPDR S&P 500 ETF COM 78462F103 1,260 6,823 SH   SOLE 0 0 0 6,823
SPDR GOLD TR GOLD COM 78463V107 4,061 34,979 SH   SOLE 0 0 0 34,979
SPDR SER TR COM 78464A748 717 16,419 SH   SOLE 0 0 0 16,419
SPDR S&P MIDCAP 400 COM 78467Y107 2,001 8,197 SH   SOLE 0 0 0 8,197
SALESFORCE COM INC COM 79466L302 749 13,586 SH   SOLE 0 0 0 13,586
SECTOR SPDR TR SHS COM 81369Y308 533 12,417 SH   SOLE 0 0 0 12,417
SECTOR SPDR TR SHS COM 81369Y886 1,526 40,191 SH   SOLE 0 0 0 40,191
SOUTHERN COPPER CORP COM 84265V105 452 15,777 SH   SOLE 0 0 0 15,777
SPRINT CORPORATION COM 85207U105 163 15,196 SH   SOLE 0 0 0 15,196
STAR SCIENTIFIC INC COM 85517P101 53 46,250 SH   SOLE 0 0 0 46,250
STARWOOD HOTELS & COM 85590A401 220 2,777 SH   SOLE 0 0 0 2,777
TABLEAU SOFTWARE INC COM 87336U105 576 8,357 SH   SOLE 0 0 0 8,357
TEMPLETON DRAGON COM 88018T101 266 10,302 SH   SOLE 0 0 0 10,302
TESLA MOTORS INC COM COM 88160R101 20,422 135,764 SH   SOLE 0 0 0 135,764
3M COMPANY COM 88579Y101 8,428 60,098 SH   SOLE 0 0 0 60,098
TORTOISE ENERGY CAP COM 89147U100 258 7,914 SH   SOLE 0 0 0 7,914
TRIQUINT COM 89674K103 87 10,450 SH   SOLE 0 0 0 10,450
UNITEDHEALTH GROUP COM 91324P102 467 6,204 SH   SOLE 0 0 0 6,204
VALERO ENERGY CORP COM 91913Y100 1,402 27,837 SH   SOLE 0 0 0 27,837
VENTAS INC COM 92276F100 1,715 29,950 SH   SOLE 0 0 0 29,950
VERIZON COM 92343V104 4,284 87,185 SH   SOLE 0 0 0 87,185
VISA INC COM CL A COM 92826C839 612 2,750 SH   SOLE 0 0 0 2,750
VODAFONE GROUP SPON COM 92857W209 7,631 194,141 SH   SOLE 0 0 0 194,141
WASTE MANAGEMENT INC COM 94106L109 7,157 159,508 SH   SOLE 0 0 0 159,508
WELLPOINT INC COM 94973V107 232 2,519 SH   SOLE 0 0 0 2,519
WISDOMTREE EMERG COM 97717W315 271 5,327 SH   SOLE 0 0 0 5,327
XYLEM INC COM COM 98419M100 8,788 253,994 SH   SOLE 0 0 0 253,994
ZIMMER HLDGS INC COM 98956P102 243 2,608 SH   SOLE 0 0 0 2,608
ACTAVIS PLC COM G0083B108 703 4,185 SH   SOLE 0 0 0 4,185
AMDOCS LTD ORD COM G02602103 214 5,200 SH   SOLE 0 0 0 5,200
BUNGE LIMITED COM COM G16962105 813 9,911 SH   SOLE 0 0 0 9,911
EATON CORP PLC COM COM G29183103 484 6,368 SH   SOLE 0 0 0 6,368
ASA GOLD AND COM G3156P103 3,370 274,908 SH   SOLE 0 0 0 274,908
MICHAEL KORS COM G60754101 686 8,455 SH   SOLE 0 0 0 8,455
SEADRILL LTD USD2 COM G7945E105 277 6,746 SH   SOLE 0 0 0 6,746
GOLAR LNG LIMITED COM G9456A100 602 16,600 SH   SOLE 0 0 0 16,600
WEATHERFORD COM H27013103 229 14,840 SH   SOLE 0 0 0 14,840
TRANSOCEAN LIMITED COM H8817H100 32,879 665,298 SH   SOLE 0 0 0 665,298
FLEXTRONICS COM Y2573F102 93 11,987 SH   SOLE 0 0 0 11,987