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
Access Midstream Partners LP COM 00434l109 551 8,655 SH   SOLE   370 0 8,285
Aetna COM 00817Y108 581 7,175 SH   SOLE   7,175 0 0
AllianceBernstein Holding LP COM 01881G106 332 12,770 SH   SOLE   12,770 0 0
American Express COM 025816109 3,073 35,107 SH   SOLE   35,107 0 0
American Express COM 025816109 3,966 45,300 SH   DFND 4 45,300 0 0
Amgen COM 031162100 1,405 10,000 SH   SOLE   10,000 0 0
Apple Inc COM 037833100 7,197 71,431 SH   SOLE   68,421 0 3,010
Apple Inc COM 037833100 9,340 92,700 SH   DFND 4 92,700 0 0
Argonaut Gold Inc. COM 04016a101 76 21,750 SH   SOLE   21,750 0 0
AT&T Inc COM 00206R102 4,660 132,248 SH   SOLE   127,753 0 4,495
AT&T Inc COM 00206R102 6,065 172,100 SH   DFND 4 172,100 0 0
Baxter International COM 071813109 5,123 71,375 SH   SOLE   69,575 0 1,800
Baxter International COM 071813109 7,823 109,000 SH   DFND 4 109,000 0 0
Blackrock Inc COM 09247X101 4,114 12,529 SH   SOLE   12,099 0 430
Blackrock Inc COM 09247X101 7,650 23,300 SH   DFND 4 23,300 0 0
BP p.l.c. COM 055622104 205 4,666 SH   SOLE   4,666 0 0
Buckeye Partners L.P. COM 118230101 2,438 30,616 SH   SOLE   24,846 0 5,770
CBS Corp Class B COM 124857202 2,338 43,700 SH   SOLE   43,700 0 0
Chevron Corp COM 166764100 6,947 58,223 SH   SOLE   55,948 0 2,275
Chevron Corp COM 166764100 4,892 41,000 SH   DFND 4 41,000 0 0
Cisco Systems COM 17275R102 7,727 306,990 SH   SOLE   296,385 0 10,605
Cisco Systems COM 17275R102 7,231 287,300 SH   DFND 4 287,300 0 0
Coca Cola COM 191216100 37,690 883,509 SH   SOLE   877,459 0 6,050
ConocoPhillips COM 20825c104 5,662 73,998 SH   SOLE   70,081 0 3,917
ConocoPhillips COM 20825c104 7,575 99,000 SH   DFND 4 99,000 0 0
Crestwood Equity Partners, L.P COM 226344109 477 45,110 SH   SOLE   14,225 0 30,885
CVS/Caremark Corp COM 126650100 5,334 67,022 SH   SOLE   63,457 0 3,565
CVS/Caremark Corp COM 126650100 8,333 104,700 SH   DFND 4 104,700 0 0
DCP Midstream Partners LP COM 23311p100 1,185 21,765 SH   SOLE   11,900 0 9,865
Discover Financial Svcs COM 254709108 2,099 32,600 SH   SOLE   32,600 0 0
Dow Chemical COM 260543103 5,400 102,975 SH   SOLE   98,910 0 4,065
Dow Chemical COM 260543103 7,641 145,700 SH   DFND 4 145,700 0 0
Dr Pepper Snapple COM 26138e109 373 5,800 SH   SOLE   5,800 0 0
DTE Energy Holding COM 233331107 331 4,355 SH   SOLE   4,355 0 0
DuPont COM 263534109 334 4,661 SH   SOLE   4,661 0 0
Eaton Corp PLC COM G29183103 2,091 33,000 SH   SOLE   33,000 0 0
El Paso Pipeline Partners, LP COM 283702108 991 24,675 SH   SOLE   24,675 0 0
EMC COM 268648102 4,864 166,247 SH   SOLE   161,462 0 4,785
EMC COM 268648102 6,630 226,600 SH   DFND 4 226,600 0 0
Enbridge Energy Management, LL COM 29250x103 545 14,641 SH   SOLE   14,641 0 0
Enbridge Energy Partners L.P. COM 29250R106 2,198 56,564 SH   SOLE   56,564 0 0
Energizer Holdings COM 29266r108 5,500 44,640 SH   SOLE   44,640 0 0
Energy Transfer Equity, L.P. COM 29273V100 3,269 52,985 SH   SOLE   38,745 0 14,240
Energy Transfer Partners LP COM 29273r109 1,501 23,460 SH   SOLE   23,460 0 0
Enterprise Products Partners L COM 293792107 12,183 302,300 SH   SOLE   286,230 0 16,070
EQT Midstream Partners LP COM 26885b100 215 2,400 SH   SOLE   0 0 2,400
Exxon Mobil COM 30231g102 928 9,870 SH   SOLE   9,870 0 0
Fuel Performance Solutions Inc COM 35954a109 11 110,860 SH   SOLE   110,860 0 0
General Electric Co COM 369604103 9,065 353,821 SH   SOLE   343,216 0 10,605
General Electric Co COM 369604103 6,779 264,600 SH   DFND 4 264,600 0 0
General Mills COM 370334104 3,834 76,001 SH   SOLE   73,426 0 2,575
General Mills COM 370334104 5,035 99,800 SH   DFND 4 99,800 0 0
Genesis Energy LP COM 371927104 1,308 24,845 SH   SOLE   16,810 0 8,035
Henry Schein COM 806407102 579 4,975 SH   SOLE   4,975 0 0
Home Depot COM 437076102 5,180 56,463 SH   SOLE   55,618 0 845
Home Depot COM 437076102 9,486 103,400 SH   DFND 4 103,400 0 0
Honeywell COM 438516106 5,868 63,012 SH   SOLE   61,172 0 1,840
Honeywell COM 438516106 6,407 68,800 SH   DFND 4 68,800 0 0
Intel COM 458140100 354 10,175 SH   SOLE   10,175 0 0
J.P. Morgan Chase COM 46625H100 6,933 115,097 SH   SOLE   112,702 0 2,395
J.P. Morgan Chase COM 46625H100 6,054 100,500 SH   DFND 4 100,500 0 0
Johnson & Johnson COM 478160104 6,652 62,412 SH   SOLE   59,822 0 2,590
Johnson & Johnson COM 478160104 7,920 74,300 SH   DFND 4 74,300 0 0
Kimberly Clark COM 494368103 6,103 56,733 SH   SOLE   55,488 0 1,245
Kimberly Clark COM 494368103 5,411 50,300 SH   DFND 4 50,300 0 0
Kinder Morgan Energy Partners COM 494550106 5,280 56,601 SH   SOLE   56,601 0 0
Kinder Morgan Inc. COM 49456b101 487 12,705 SH   SOLE   0 0 12,705
Kinder Morgan Management, LLC COM 49455U100 1,661 17,641 SH   SOLE   17,641 0 0
Lockheed Martin COM 539830109 4,605 25,194 SH   SOLE   24,184 0 1,010
Lockheed Martin COM 539830109 6,324 34,600 SH   DFND 4 34,600 0 0
Magellan Midstream Partners L. COM 559080106 4,847 57,578 SH   SOLE   57,578 0 0
Marathon Oil Group COM 565849106 2,023 53,817 SH   SOLE   53,817 0 0
Marathon Oil Group COM 565849106 4,236 112,700 SH   DFND 4 112,700 0 0
Markwest Energy Partners LP COM 570759100 546 7,105 SH   SOLE   4,670 0 2,435
McDonalds Corp COM 580135101 951 10,027 SH   SOLE   9,077 0 950
Merck & Co COM 58933Y105 258 4,350 SH   SOLE   4,350 0 0
NuStar Energy LP COM 67058H102 271 4,117 SH   SOLE   4,117 0 0
Occidental Petroleum COM 674599105 1,933 20,100 SH   SOLE   20,100 0 0
Oneok Partners LP COM 68268N103 1,095 19,575 SH   SOLE   19,575 0 0
Pepsico COM 713448108 4,899 52,631 SH   SOLE   52,631 0 0
Pepsico COM 713448108 8,639 92,800 SH   DFND 4 92,800 0 0
Pfizer COM 717081103 8,019 271,175 SH   SOLE   259,355 0 11,820
Pfizer COM 717081103 7,174 242,600 SH   DFND 4 242,600 0 0
Philip Morris Intl COM 718172109 229 2,746 SH   SOLE   2,746 0 0
Plains All American Pipeline L COM 726503105 5,161 87,683 SH   SOLE   78,518 0 9,165
Procter & Gamble COM 742718109 1,750 20,895 SH   SOLE   20,895 0 0
Procter & Gamble COM 742718109 4,338 51,800 SH   DFND 4 51,800 0 0
Qualcomm COM 747525103 8,613 115,188 SH   SOLE   113,083 0 2,105
Qualcomm COM 747525103 8,905 119,100 SH   DFND 4 119,100 0 0
Raytheon COM 755111507 5,516 54,283 SH   SOLE   54,283 0 0
Raytheon COM 755111507 5,020 49,400 SH   DFND 4 49,400 0 0
Regency Energy Partners LP COM 75885y107 576 17,645 SH   SOLE   17,645 0 0
Ross Stores COM 778296103 3,273 43,311 SH   SOLE   43,311 0 0
Ross Stores COM 778296103 3,023 40,000 SH   DFND 4 40,000 0 0
Schlumberger COM 806857108 3,649 35,885 SH   SOLE   34,225 0 1,660
Schlumberger COM 806857108 4,657 45,800 SH   DFND 4 45,800 0 0
SPDR S&P 500 ETF Trust COM 78462F103 965 4,898 SH   SOLE   4,898 0 0
Stryker COM 863667101 1,615 20,000 SH   SOLE   20,000 0 0
Targa Resources Partners LP COM 87611x105 361 4,995 SH   SOLE   4,995 0 0
Target COM 87612E106 2,194 35,000 SH   SOLE   35,000 0 0
TC Pipelines, LP COM 87233q108 1,617 23,885 SH   SOLE   17,125 0 6,760
Teekay Offshore Partners, L.P. COM y8565J101 603 17,950 SH   SOLE   11,570 0 6,380
Tesoro Logistics LP COM 88160T107 488 6,895 SH   SOLE   0 0 6,895
Time Warner Inc. COM 887317303 2,908 38,661 SH   SOLE   35,646 0 3,015
Time Warner Inc. COM 887317303 7,243 96,300 SH   DFND 4 96,300 0 0
TJX Companies COM 872540109 1,948 32,920 SH   SOLE   28,450 0 4,470
Union Pacific COM 907818108 11,268 103,928 SH   SOLE   98,708 0 5,220
Union Pacific COM 907818108 14,387 132,700 SH   DFND 4 132,700 0 0
United Parcel Service COM 911312106 227 2,305 SH   SOLE   2,305 0 0
United Technologies COM 913017109 7,352 69,619 SH   SOLE   67,859 0 1,760
United Technologies COM 913017109 7,001 66,300 SH   DFND 4 66,300 0 0
US Bancorp COM 902973304 219 5,235 SH   SOLE   5,235 0 0
Verizon Comm. COM 92343v104 7,245 144,931 SH   SOLE   140,656 0 4,275
Verizon Comm. COM 92343v104 5,304 106,100 SH   DFND 4 106,100 0 0
Wal-Mart Stores COM 931142103 4,563 59,670 SH   SOLE   57,485 0 2,185
Wal-Mart Stores COM 931142103 6,064 79,300 SH   DFND 4 79,300 0 0
Walgreen COM 931422109 2,608 44,000 SH   SOLE   44,000 0 0
Western Gas Partners LP COM 958254104 1,539 20,525 SH   SOLE   13,750 0 6,775
Whirlpool COM 963320106 6,590 45,244 SH   SOLE   43,559 0 1,685
Whirlpool COM 963320106 7,705 52,900 SH   DFND 4 52,900 0 0
Williams Partners LP COM 96950F104 1,745 32,890 SH   SOLE   26,550 0 6,340