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
CHICAGO BRIDGE & IRON CO N V COM 167250109 668 41,400 SH   SOLE   35,000 0 6,400
CORE LABORATORIES N V COM N22717107 1,106 10,100 SH   SOLE   10,100 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 1,986 18,000 SH   SOLE   18,000 0 0
SCHLUMBERGER LTD COM 806857108 1,362 20,207 SH   SOLE   18,797 0 1,410
3M CO COM 88579y101 353 1,500 SH   SOLE   0 0 1,500
58 COM INC SPON ADR REP A 31680q104 215 3,000 SH   SOLE   0 0 3,000
SMITH A O COM 831865209 92 1,500 SH   SOLE   1,500 0 0
SMITH A O COM 831865209 149 2,431 SH   DFND   0 2,431 0
ABBOTT LABS COM 002824100 1,050 18,405 SH   SOLE   0 0 18,405
ABBVIE INC COM 00287y109 1,789 18,500 SH   SOLE   0 0 18,500
ADVANCED MICRO DEVICES INC COM 007903107 103 10,000 SH   SOLE   0 0 10,000
ALLERGAN PLC SHS g0177j108 231 1,410 SH   SOLE   15 0 1,395
ALPHABET INC CAP STK CL C 02079k107 1,557 1,488 SH   SOLE   5 0 1,483
ALPS ETF TR ALERIAN MLP 00162q866 386 35,814 SH   SOLE   0 0 35,814
AMAZON COM INC COM 023135106 2,064 1,765 SH   SOLE   25 0 1,740
AMERICAN STS WTR CO COM 029899101 93 1,600 SH   SOLE   1,150 0 450
AMERICAN STS WTR CO COM 029899101 166 2,870 SH   DFND   0 2,870 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,756 19,195 SH   SOLE   4,145 0 15,050
AMERICAN WTR WKS CO INC NEW COM 030420103 434 4,744 SH   DFND   0 4,744 0
ANADARKO PETE CORP COM 032511107 1,196 22,300 SH   SOLE   22,000 0 300
ANTERO RES CORP COM 03674x106 931 49,000 SH   SOLE   39,000 0 10,000
APPLE INC COM 037833100 2,582 15,258 SH   SOLE   180 0 15,078
AQUA AMERICA INC COM 03836W103 784 19,990 SH   SOLE   5,055 0 14,935
ATLANTIC CAP BANCSHARES INC COM 048269203 548 31,147 SH   DFND   0 31,147 0
ATLANTIC COAST FINL CORP COM 048426100 1,460 154,869 SH   DFND   0 154,869 0
BANCORP 34 INC COM 05970V106 1,174 79,610 SH   DFND   0 79,610 0
BOEING CO COM 097023105 2,781 9,431 SH   SOLE   30 0 9,401
CABOT OIL & GAS CORP COM 127097103 1,153 40,300 SH   SOLE   38,000 0 2,300
CALIFORNIA WTR SVC GROUP COM 130788102 136 3,000 SH   SOLE   3,000 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 143 3,146 SH   DFND   0 3,146 0
CAROLINA FINL CORP NEW COM 143873107 452 12,175 SH   DFND   0 12,175 0
CBTX INC COM 12481v104 529 17,820 SH   DFND   0 17,820 0
CHENIERE ENERGY INC COM NEW 16411R208 3,889 72,225 SH   SOLE   55,200 0 17,025
CHINACACHE INTL HLDG LTD SPONSORED ADR 16950m107 194 115,083 SH   SOLE   0 0 115,083
CIVISTA BANCSHARES INC COM NO PAR 178867107 820 37,279 SH   DFND   0 37,279 0
COCA COLA CO COM 191216100 368 8,025 SH   SOLE   45 0 7,980
COLGATE PALMOLIVE CO COM 194162103 2,589 34,320 SH   SOLE   0 0 34,320
COMMUNITY BANKERS TR CORP COM 203612106 1,121 137,509 SH   DFND   0 137,509 0
CONNECTICUT WTR SVC INC COM 207797101 201 3,500 SH   SOLE   3,500 0 0
CONNECTICUT WTR SVC INC COM 207797101 298 5,188 SH   DFND   0 5,188 0
CONSTELLATION BRANDS INC CL A 21036p108 893 3,905 SH   SOLE   10 0 3,895
CUMMINS INC COM 231021106 699 3,960 SH   SOLE   1,010 0 2,950
CVS HEALTH CORP COM 126650100 1,019 14,050 SH   SOLE   55 0 13,995
DOMINION ENERGY INC COM 25746u109 1,484 18,305 SH   SOLE   50 0 18,255
DOWDUPONT INC COM 26078j100 3,973 55,780 SH   SOLE   26,595 0 29,185
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336t100 347 19,700 SH   SOLE   0 0 19,700
EQT CORP COM 26884L109 2,010 35,310 SH   SOLE   34,210 0 1,100
ESQUIRE FINL HLDGS INC COM 29667j101 875 44,327 SH   DFND   0 44,327 0
EQUITY BANCSHARES INC COM CL A 29460X109 725 20,469 SH   DFND   0 20,469 0
EVERSOURCE ENERGY COM 30040w108 284 4,500 SH   SOLE   0 0 4,500
FNB CORP PA COM 302520101 250 18,058 SH   SOLE   248 0 17,810
FANG HLDGS LTD ADR 30711y102 56 10,000 SH   SOLE   0 0 10,000
FIRST CMNTY CORP S C COM 319835104 1,217 53,829 SH   DFND   0 53,829 0
FIRST FNDTN INC COM 32026V104 667 35,962 SH   DFND   0 35,962 0
FSB BANCORP INC COM 30289C102 294 17,317 SH   DFND   0 17,317 0
FIRST BANCORP N C COM 318910106 574 16,269 SH   DFND   0 16,269 0
GENERAL ELECTRIC CO COM 369604103 369 21,130 SH   SOLE   130 0 21,000
GLOBAL WTR RES INC COM 379463102 56 6,000 SH   SOLE   6,000 0 0
GLOBAL WTR RES INC COM 379463102 195 20,914 SH   DFND   0 20,914 0
GUARANTY BANCSHARES INC TEX COM 400764106 681 22,218 SH   DFND   0 22,218 0
HALLIBURTON CO COM 406216101 3,135 64,152 SH   SOLE   47,500 0 16,652
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 955 126,690 SH   SOLE   125,000 0 1,690
HEXCEL CORP NEW COM 428291108 6,205 100,321 SH   SOLE   53,325 0 46,996
HOME DEPOT INC COM 437076102 2,687 14,175 SH   SOLE   40 0 14,135
HONEYWELL INTL INC COM 438516106 2,955 19,270 SH   SOLE   4,840 0 14,430
ILLUMINA INC COM 452327109 3,103 14,204 SH   SOLE   30 0 14,174
IMAX CORP COM 45245e109 243 10,500 SH   SOLE   0 0 10,500
INDEPENDENT BK GROUP INC COM 45384b106 754 11,150 SH   DFND   0 11,150 0
INTEL CORP COM 458140100 736 15,950 SH   SOLE   0 0 15,950
INTERCONTINENTAL EXCHANGE IN COM 45866f104 444 6,290 SH   SOLE   0 0 6,290
INVESTAR HLDG CORP COM 46134l105 341 14,152 SH   DFND   0 14,152 0
ISHARES TR GLOB HLTHCRE ETF 464287325 422 3,750 SH   SOLE   0 0 3,750
JD COM INC SPON ADR CL A 47215p106 207 5,000 SH   SOLE   0 0 5,000
JOHNSON & JOHNSON COM 478160104 402 2,875 SH   SOLE   0 0 2,875
JPMORGAN CHASE & CO COM 46625h100 1,189 11,121 SH   SOLE   45 0 11,076
KINDER MORGAN INC DEL COM 49456B101 265 14,646 SH   SOLE   82 0 14,564
MARRIOTT INTL INC NEW CL A 571903202 605 4,455 SH   SOLE   20 0 4,435
MASTEC INC COM 576323109 1,199 24,500 SH   SOLE   5,000 0 19,500
MCDONALDS CORP COM 580135101 1,003 5,829 SH   SOLE   15 0 5,814
MEDTRONIC PLC SHS g5960l103 1,517 18,789 SH   SOLE   75 0 18,714
MELROSE BANCORP INC COM 585553100 237 11,851 SH   DFND   0 11,851 0
METLIFE INC COM 59156r108 466 9,215 SH   SOLE   50 0 9,165
MICROSOFT CORP COM 594918104 814 9,520 SH   SOLE   65 0 9,455
MIDDLESEX WATER CO COM 596680108 84 2,100 SH   SOLE   2,100 0 0
MIDDLESEX WATER CO COM 596680108 170 4,271 SH   DFND   0 4,271 0
MIDSOUTH BANCORP INC COM 598039105 662 50,000 SH   DFND   0 50,000 0
NEXTERA ENERGY INC COM 65339F101 3,328 21,305 SH   SOLE   16,000 0 5,305
NISOURCE INC COM 65473p105 298 11,600 SH   SOLE   0 0 11,600
NOAH HLDGS LTD SPON ADS CL A 65487x102 370 8,000 SH   SOLE   0 0 8,000
OASIS PETE INC NEW COM 674215108 1,018 121,000 SH   SOLE   121,000 0 0
ONEOK INC NEW COM 682680103 1,279 23,931 SH   SOLE   12,200 0 11,731
PHILLIPS 66 COM 718546104 3,678 36,365 SH   SOLE   19,300 0 17,065
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 258 4,935 SH   SOLE   0 0 4,935
PIONEER NAT RES CO COM 723787107 1,054 6,100 SH   SOLE   6,000 0 100
PRIMERICA INC COM 74164m108 406 4,000 SH   SOLE   0 0 4,000
PROCTER AND GAMBLE CO COM 742718109 1,075 11,705 SH   SOLE   50 0 11,655
PROPETRO HLDG CORP COM 74347m108 786 39,000 SH   SOLE   39,000 0 0
REXNORD CORP NEW COM 76169B102 114 4,400 SH   SOLE   4,400 0 0
REXNORD CORP NEW COM 76169B102 188 7,233 SH   DFND   0 7,233 0
ROYAL BK CDA MONTREAL QUE COM 780087102 204 2,500 SH   SOLE   0 0 2,500
RPC INC COM 749660106 1,040 40,750 SH   SOLE   40,000 0 750
SJW GROUP COM 784305104 73 1,150 SH   SOLE   1,150 0 0
SJW GROUP COM 784305104 173 2,710 SH   DFND   0 2,710 0
SAP SE SPON ADR 803054204 213 1,900 SH   SOLE   0 0 1,900
SELECT BANCORP INC NEW COM 81617L108 610 48,289 SH   DFND   0 48,289 0
SELECT ENERGY SVCS INC CL A COM 81617j301 70 3,825 SH   SOLE   3,825 0 0
SELECT ENERGY SVCS INC CL A COM 81617j301 179 9,820 SH   DFND   0 9,820 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369y209 373 4,506 SH   SOLE   0 0 4,506
SEMGROUP CORP CL A 81663A105 4,253 140,832 SH   SOLE   101,000 0 39,832
SEMPRA ENERGY COM 816851109 450 4,205 SH   SOLE   20 0 4,185
SI FINL GROUP INC MD COM 78425v104 1,452 98,761 SH   DFND   0 98,761 0
SINA CORP ORD g81477104 201 2,000 SH   SOLE   0 0 2,000
SM ENERGY CO COM 78454l100 618 28,000 SH   SOLE   28,000 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 379 9,182 SH   DFND   0 9,182 0
SOUTHERN NATL BANCORP OF VA COM 843395104 469 29,250 SH   DFND   0 29,250 0
SPDR GOLD TRUST GOLD SHS 78463v107 303 2,450 SH   SOLE   0 0 2,450
SUNSHINE BANCORP INC COM 86777J108 112 4,900 SH   SOLE   0 0 4,900
SUNSHINE BANCORP INC COM 86777J108 1,470 64,062 SH   DFND   0 64,062 0
SOUTH ST CORP COM 840441109 355 4,078 SH   DFND   0 4,078 0
TARGA RES CORP COM 87612G101 4,853 100,225 SH   SOLE   49,535 0 50,690
TARO PHARMACEUTICAL INDS LTD SHS m8737e108 223 2,126 SH   SOLE   0 0 2,126
TRIUMPH BANCORP INC COM 89679E300 2,365 75,077 SH   DFND   0 75,077 0
U S SILICA HLDGS INC COM 90346E103 326 10,000 SH   SOLE   10,000 0 0
UNITED CMNTY BANCORP IND COM 90984r101 1,130 55,000 SH   DFND   0 55,000 0
UNITED TECHNOLOGIES CORP COM 913017109 1,429 11,200 SH   SOLE   2,525 0 8,675
UNIVERSAL DISPLAY CORP COM 91347p105 518 3,000 SH   SOLE   0 0 3,000
UNITED FINL BANCORP INC NEW COM 910304104 398 22,590 SH   DFND   0 22,590 0
VARIAN MED SYS INC COM 92220P105 222 2,000 SH   SOLE   0 0 2,000
VECTREN CORP COM 92240G101 488 7,500 SH   SOLE   7,500 0 0
VERIZON COMMUNICATIONS INC COM 92343v104 370 6,995 SH   SOLE   25 0 6,970
VORNADO RLTY TR SH BEN INT 929042109 202 2,588 SH   SOLE   0 0 2,588
DISNEY WALT CO COM DISNEY 254687106 1,393 12,955 SH   SOLE   40 0 12,915
WELLS FARGO CO NEW COM 949746101 984 16,215 SH   SOLE   95 0 16,120
WESTERN NEW ENG BANCORP INC COM 958892101 153 14,009 SH   DFND   0 14,009 0
WESTLAKE CHEM CORP COM 960413102 1,385 13,000 SH   SOLE   13,000 0 0
WILLIAMS COS INC DEL COM 969457100 9,970 326,991 SH   SOLE   124,885 0 202,106
XYLEM INC COM 98419M100 308 4,523 SH   SOLE   3,500 0 1,023
XYLEM INC COM 98419M100 420 6,155 SH   DFND   0 6,155 0
ZIMMER BIOMET HLDGS INC COM 98956p102 396 3,285 SH   SOLE   15 0 3,270
AMERICAN MIDSTREAM PARTNERS COM UNITS 02752P100 3,027 226,755 SH   SOLE   135,000 0 91,755
ANDEAVOR LOGISTICS LP COM UNIT LP INT 03350f106 1,468 31,785 SH   SOLE   10,000 0 21,785
DCP MIDSTREAM LP COM UT LTD PTN 23311p100 608 16,733 SH   SOLE   0 0 16,733
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 8,364 484,608 SH   SOLE   201,200 0 283,408
ENERGY TRANSFER PARTNERS LP UNIT LTD PRT INT 29278n103 431 24,054 SH   SOLE   0 0 24,054
ENTERPRISE PRODS PARTNERS L COM 293792107 1,702 64,215 SH   SOLE   0 0 64,215
GENESIS ENERGY L P UNIT LTD PARTN 371927104 2,634 117,840 SH   SOLE   26,000 0 91,840
KIMBELL RTY PARTNERS LP UNIT 49435r102 211 13,000 SH   SOLE   13,000 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 2,056 28,982 SH   SOLE   0 0 28,982
MPLX LP COM UNIT REP LTD 55336V100 3,551 100,117 SH   SOLE   49,000 0 51,117
NGL ENERGY PARTNERS LP COM UNIT REPST 62913M107 3,296 234,620 SH   SOLE   160,000 0 74,620
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 290 13,820 SH   SOLE   0 0 13,820
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 1,970 95,450 SH   SOLE   78,000 0 17,450
SANCHEZ MIDSTREAM PARTNERS L COM UNITS REP B 79971c201 630 56,740 SH   SOLE   55,960 0 780
SUMMIT MIDSTREAM PARTNERS LP COM UNIT LTD 866142102 2,016 98,320 SH   SOLE   44,000 0 54,320
SUNOCO LP COM U REP LP 86765K109 3,951 139,125 SH   SOLE   56,000 0 83,125
TC PIPELINES LP UT COM LTD PRT 87233q108 471 8,875 SH   SOLE   0 0 8,875
WESTERN GAS EQUITY PARTNERS COMUNT LTD PT 95825R103 2,665 71,720 SH   SOLE   50,000 0 21,720
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 823 21,210 SH   SOLE   0 0 21,210
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 252 5,250 SH   SOLE   0 0 5,250