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
3M CO COM 88579y101 312 1,500 SH   SOLE   0 0 1,500
SMITH A O COM 831865209 84 1,500 SH   SOLE   1,500 0 0
SMITH A O COM 831865209 122 2,157 SH   DFND   0 2,157 0
ABBOTT LABS COM 002824100 895 18,405 SH   SOLE   0 0 18,405
ABBVIE INC COM 00287y109 1,341 18,500 SH   SOLE   0 0 18,500
ADVANCED MICRO DEVICES INC COM 007903107 0 10,000 SH   SOLE   0 0 10,000
ALLERGAN PLC SHS g0177j108 518 2,132 SH   SOLE   135 0 1,997
ALPHABET INC CAP STK CL C 02079k107 1,583 1,743 SH   SOLE   55 0 1,688
AMAZON COM INC COM 023135106 1,798 1,857 SH   SOLE   117 0 1,740
AMERICAN MIDSTREAM PARTNERS COM UNITS 02752P100 2,804 218,200 SH   SOLE   135,000 0 83,200
AMERICAN WTR WKS CO INC NEW COM 030420103 1,581 20,290 SH   SOLE   20,290 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 319 4,093 SH   DFND   0 4,093 0
ANADARKO PETE CORP COM 032511107 1,138 25,100 SH   SOLE   24,800 0 300
APPLE INC COM 037833100 2,583 17,933 SH   SOLE   580 0 17,353
AQUA AMERICA INC COM 03836W103 189 5,670 SH   SOLE   5,500 0 170
AQUA AMERICA INC COM 03836W103 179 5,386 SH   DFND   0 5,386 0
ATLANTIC CAP BANCSHARES INC COM 048269203 587 30,891 SH   DFND   0 30,891 0
ATLANTIC COAST FINL CORP COM 048426100 1,223 156,018 SH   DFND   0 156,018 0
BANCORP 34 INC COM 05970V106 459 32,724 SH   DFND   0 32,724 0
BERKSHIRE HILLS BANCORP INC COM 084680107 345 9,806 SH   DFND   0 9,806 0
BOEING CO COM 097023105 2,102 10,631 SH   SOLE   292 0 10,339
BOSTON PRIVATE FINL HLDGS IN COM 101119105 335 21,803 SH   DFND   0 21,803 0
BSB BANCORP INC MD COM 05573H108 593 20,288 SH   DFND   0 20,288 0
CABOT OIL & GAS CORP COM 127097103 1,467 58,500 SH   SOLE   54,000 0 4,500
CALIFORNIA WTR SVC GROUP COM 130788102 88 2,400 SH   SOLE   2,400 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 137 3,710 SH   DFND   0 3,710 0
CALPINE CORP COM NEW 131347304 479 35,400 SH   SOLE   0 0 35,400
CHEESECAKE FACTORY INC COM 163072101 255 5,062 SH   SOLE   0 0 5,062
CHENIERE ENERGY INC COM NEW 16411R208 3,518 72,225 SH   SOLE   55,200 0 17,025
CHICAGO BRIDGE & IRON CO N V COM 167250109 925 46,900 SH   SOLE   40,500 0 6,400
CHINACACHE INTL HLDG LTD SPONSORED ADR 16950m107 133 115,083 SH   SOLE   0 0 115,083
CIVISTA BANCSHARES INC COM NO PAR 178867107 433 20,757 SH   DFND   0 20,757 0
COCA COLA CO COM 191216100 374 8,340 SH   SOLE   45 0 8,295
COLGATE PALMOLIVE CO COM 194162103 2,648 35,720 SH   SOLE   0 0 35,720
CONNECTICUT WTR SVC INC COM 207797101 167 3,000 SH   SOLE   3,000 0 0
CONNECTICUT WTR SVC INC COM 207797101 132 2,376 SH   DFND   0 2,376 0
CORE LABORATORIES N V COM N22717107 1,038 10,250 SH   SOLE   10,100 0 150
CUMMINS INC COM 231021106 706 4,355 SH   SOLE   1,010 0 3,345
CVS HEALTH CORP COM 126650100 1,279 15,900 SH   SOLE   155 0 15,745
DCP MIDSTREAM LP COM UT LTD PTN 23311p100 634 18,743 SH   SOLE   0 0 18,743
DOMINION ENERGY INC COM 25746u109 1,515 19,770 SH   SOLE   550 0 19,220
DOW CHEM CO COM 260543103 3,746 59,395 SH   SOLE   29,345 0 30,050
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 6,585 366,653 SH   SOLE   366,653 0 0
ENERGY TRANSFER PARTNERS LP UNIT LTD PRT INT 29278n103 669 32,814 SH   SOLE   0 0 32,814
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336t100 352 20,000 SH   SOLE   0 0 20,000
ENTERPRISE PRODS PARTNERS L COM 293792107 3,211 118,570 SH   SOLE   45,500 0 73,070
EQT CORP COM 26884L109 1,339 22,850 SH   SOLE   22,000 0 850
ESQUIRE FINL HLDGS INC COM 29667j101 599 39,937 SH   DFND   0 39,937 0
EQUITY BANCSHARES INC COM CL A 29460X109 548 17,874 SH   DFND   0 17,874 0
EVERSOURCE ENERGY COM 30040w108 294 4,850 SH   SOLE   0 0 4,850
FNB CORP PA COM 302520101 278 19,660 SH   SOLE   1,544 0 18,115
FANG HLDGS LTD ADR 30711y102 37 10,000 SH   SOLE   0 0 10,000
FIRST BANCORP N C COM 318910106 489 15,655 SH   DFND   0 15,655 0
FIRST CMNTY CORP S C COM 319835104 1,128 53,699 SH   DFND   0 53,699 0
FIRST FNDTN INC COM 32026V104 577 35,147 SH   DFND   0 35,147 0
FIRST INTST BANCSYSTEM INC COM CL A 32055y201 824 22,160 SH   DFND   0 22,160 0
FIRST SOUTH BANCORP INC VA COM 33646w100 391 23,631 SH   DFND   0 23,631 0
FSB BANCORP INC COM 30289C102 246 16,679 SH   DFND   0 16,679 0
GENERAL ELECTRIC CO COM 369604103 1,919 71,050 SH   SOLE   25,630 0 45,420
GENESIS ENERGY L P UNIT LTD PARTN 371927104 4,281 134,925 SH   SOLE   134,925 0 0
GLOBAL WTR RES INC COM 379463102 175 17,659 SH   DFND   0 17,659 0
GUARANTY BANCORP DEL COM NEW 40075t607 3 100 SH   SOLE   0 0 100
GUARANTY BANCORP DEL COM NEW 40075t607 540 19,844 SH   DFND   0 19,844 0
HALLIBURTON CO COM 406216101 2,650 62,052 SH   SOLE   49,000 0 13,052
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 715 126,690 SH   SOLE   125,000 0 1,690
HEXCEL CORP NEW COM 428291108 5,527 104,701 SH   SOLE   56,025 0 48,676
HOME DEPOT INC COM 437076102 2,590 16,882 SH   SOLE   390 0 16,492
HONEYWELL INTL INC COM 438516106 2,636 19,780 SH   SOLE   4,940 0 14,840
HOWARD BANCORP INC COM 442496105 369 19,170 SH   DFND   0 19,170 0
INTERNATIONAL BUSINESS MACHS COM 459200101 747 4,858 SH   SOLE   15 0 4,843
ILLUMINA INC COM 452327109 2,633 15,175 SH   SOLE   30 0 15,145
IMAX CORP COM 45245e109 231 10,500 SH   SOLE   0 0 10,500
INTEL CORP COM 458140100 542 16,050 SH   SOLE   0 0 16,050
INTERCONTINENTAL EXCHANGE IN COM 45866f104 579 8,790 SH   SOLE   0 0 8,790
INVESTAR HLDG CORP COM 46134l105 312 13,612 SH   DFND   0 13,612 0
ISHARES TR GLOB HLTHCRE ETF 464287325 412 3,765 SH   SOLE   0 0 3,765
JOHNSON & JOHNSON COM 478160104 407 3,075 SH   SOLE   0 0 3,075
JPMORGAN CHASE & CO COM 46625h100 1,080 11,815 SH   SOLE   295 0 11,520
KINDER MORGAN INC DEL COM 49456B101 567 29,575 SH   SOLE   82 0 29,493
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 1,519 18,000 SH   SOLE   18,000 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 2,476 34,734 SH   SOLE   0 0 34,734
MARRIOTT INTL INC NEW CL A 571903202 503 5,015 SH   SOLE   150 0 4,865
MASTEC INC COM 576323109 1,162 25,730 SH   SOLE   5,000 0 20,730
MCDONALDS CORP COM 580135101 969 6,327 SH   SOLE   105 0 6,222
MEDTRONIC PLC SHS g5960l103 1,711 19,284 SH   SOLE   575 0 18,709
METLIFE INC COM 59156r108 582 10,600 SH   SOLE   50 0 10,550
MICROSOFT CORP COM 594918104 750 10,880 SH   SOLE   315 0 10,565
MIDDLESEX WATER CO COM 596680108 75 1,900 SH   SOLE   1,900 0 0
MIDDLESEX WATER CO COM 596680108 133 3,365 SH   DFND   0 3,365 0
MIDSOUTH BANCORP INC COM 598039105 950 80,865 SH   DFND   0 80,865 0
MPLX LP COM UNIT REP LTD 55336V100 3,540 105,991 SH   SOLE   49,000 0 56,991
NABORS INDUSTRIES LTD SHS g6359f103 136 16,700 SH   SOLE   16,700 0 0
NATIONAL COMM CORP COM 63546l102 566 14,318 SH   DFND   0 14,318 0
NEXTERA ENERGY INC COM 65339F101 3,082 21,595 SH   SOLE   16,000 0 5,995
NGL ENERGY PARTNERS LP COM UNIT REPST 62913M107 2,342 167,293 SH   SOLE   100,000 0 67,293
NISOURCE INC COM 65473p105 320 12,600 SH   SOLE   0 0 12,600
NOAH HLDGS LTD SPON ADS CL A 65487x102 229 8,000 SH   SOLE   0 0 8,000
OASIS PETE INC NEW COM 674215108 966 120,000 SH   SOLE   120,000 0 0
ONEOK INC NEW COM 682680103 1,330 25,508 SH   SOLE   1,330 0 0
PARAGON COML CORP COM NEW 69911U403 295 5,617 SH   DFND   0 5,617 0
PARK STERLING CORP COM 70086Y105 282 23,745 SH   SOLE   0 0 23,745
PARK STERLING CORP COM 70086Y105 551 46,421 SH   DFND   0 46,421 0
PATTERSON UTI ENERGY INC COM 703481101 384 19,000 SH   SOLE   19,000 0 0
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 334 17,145 SH   SOLE   0 0 17,145
PCSB FINL CORP COM 69324r104 43 2,500 SH   SOLE   0 0 2,500
PCSB FINL CORP COM 69324r104 495 28,998 SH   DFND   0 28,998 0
PHILLIPS 66 COM 718546104 3,136 37,925 SH   SOLE   19,300 0 18,625
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 308 6,235 SH   SOLE   0 0 6,235
PIONEER NAT RES CO COM 723787107 973 6,100 SH   SOLE   6,000 0 100
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 2,143 81,545 SH   SOLE   61,600 0 19,945
PRIMERICA INC COM 74164m108 303 4,000 SH   SOLE   0 0 4,000
PROCTER AND GAMBLE CO COM 742718109 852 9,765 SH   SOLE   400 0 9,365
RICE ENERGY INC COM 762760106 1,481 55,600 SH   SOLE   55,000 0 600
RPC INC COM 749660106 824 40,750 SH   SOLE   40,000 0 750
SANCHEZ MIDSTREAM PARTNERS L COM UNITS REP B 79971c201 723 56,280 SH   SOLE   55,000 0 1,280
SCHLUMBERGER LTD COM 806857108 1,658 25,187 SH   SOLE   18,797 0 6,390
SELECT BANCORP INC NEW COM 81617L108 570 46,644 SH   DFND   0 46,644 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369y209 394 4,971 SH   SOLE   0 0 4,971
SEMGROUP CORP CL A 81663A105 2,991 110,789 SH   SOLE   84,987 0 25,802
SEMPRA ENERGY COM 816851109 479 4,250 SH   SOLE   170 0 4,080
SI FINL GROUP INC MD COM 78425v104 1,530 95,023 SH   DFND   0 95,023 0
SM ENERGY CO COM 78454l100 463 28,000 SH   SOLE   28,000 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 1,184 31,955 SH   DFND   0 31,955 0
SOUTHERN NATL BANCORP OF VA COM 843395104 1,198 68,052 SH   DFND   0 68,052 0
SPDR GOLD TRUST GOLD SHS 78463v107 295 2,500 SH   SOLE   0 0 2,500
SUMMIT MIDSTREAM PARTNERS LP COM UNIT LTD 866142102 2,368 104,540 SH   SOLE   44,000 0 60,540
SUNOCO LP COM U REP LP 86765K109 4,377 142,990 SH   SOLE   56,000 0 86,990
SUNSHINE BANCORP INC COM 86777J108 25 1,180 SH   SOLE   0 0 1,180
SUNSHINE BANCORP INC COM 86777J108 2,369 111,175 SH   DFND   0 111,175 0
TC PIPELINES LP UT COM LTD PRT 87233q108 520 9,450 SH   SOLE   0 0 9,450
TARGA RES CORP COM 87612G101 4,686 103,674 SH   SOLE   51,185 0 52,489
TARO PHARMACEUTICAL INDS LTD SHS m8737e108 238 2,126 SH   SOLE   0 0 2,126
TRIUMPH BANCORP INC COM 89679E300 1,484 60,458 SH   DFND   0 60,458 0
U S SILICA HLDGS INC COM 90346E103 355 10,000 SH   SOLE   10,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 1,406 11,510 SH   SOLE   2,775 0 8,735
UNIVERSAL DISPLAY CORP COM 91347p105 328 3,000 SH   SOLE   0 0 3,000
VERIZON COMMUNICATIONS INC COM 92343v104 397 8,885 SH   SOLE   25 0 8,860
VORNADO RLTY TR SH BEN INT 929042109 243 2,588 SH   SOLE   0 0 2,588
DISNEY WALT CO COM DISNEY 254687106 1,429 13,445 SH   SOLE   140 0 13,305
WELLS FARGO CO NEW COM 949746101 910 16,415 SH   SOLE   95 0 16,320
WESTERN GAS EQUITY PARTNERS COMUNT LTD PT 95825R103 3,248 75,500 SH   SOLE   50,200 0 25,300
WESTERN NEW ENG BANCORP INC COM 958892101 138 13,608 SH   DFND   0 13,608 0
WESTLAKE CHEM CORP COM 960413102 861 13,000 SH   SOLE   13,000 0 0
WILLIAMS COS INC DEL COM 969457100 9,791 323,354 SH   SOLE   0 0 323,354
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 976 24,335 SH   SOLE   0 0 24,335
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 330 5,900 SH   SOLE   0 0 5,900
XYLEM INC COM 98419M100 89 1,605 SH   SOLE   1,500 0 105
XYLEM INC COM 98419M100 318 5,742 SH   DFND   0 5,742 0