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 3,097 17,719 SH   SOLE   0 0 17,719
Adams Natural Resources COM 00548F105 414 36,401 SH   SOLE   0 0 36,401
Alexandria Real COM 015271109 330 1,850 SH   DFND   1,850 0 0
Alexion Pharmaceuticals Inc COM 015351109 1,725 11,043 SH   SOLE   0 0 11,043
Allstate Corp COM 020002101 2,471 22,475 SH   SOLE   0 0 22,475
Alphabet Inc Cap Stk Cl C COM 02079K107 396 226 SH   SOLE   0 0 226
Amazon.Com Inc COM 023135106 993 305 SH   SOLE   0 0 305
Amcor Plc COM G0250X107 188 16,000 SH   DFND   16,000 0 0
American Tower-A ADR 03027X100 561 2,500 SH   DFND   2,500 0 0
Amgen Inc COM 031162100 4,260 18,528 SH   SOLE   0 0 18,528
Amyris Inc COM 03236M200 142 23,000 SH   SOLE   0 0 23,000
Apple Inc COM 037833100 2,388 17,996 SH   SOLE   0 0 17,996
Apple Inc COM 037833100 1,380 10,400 SH   DFND   10,400 0 0
Ares Comm Real Estate COM 04013V108 119 10,000 SH   DFND   10,000 0 0
Artesian Resource Corp COM 043113208 3,131 84,434 SH   SOLE   0 0 84,434
Astrazeneca-Adr ADR 046353108 400 8,000 SH   DFND   8,000 0 0
At&T Inc COM 00206R102 284 9,866 SH   SOLE   0 0 9,866
Automatic Data Processing COM 053015103 261 1,483 SH   SOLE   0 0 1,483
Avalonbay Commun COM 053484101 209 1,300 SH   DFND   1,300 0 0
Bank Of America Corporation COM 060505104 573 18,912 SH   SOLE   0 0 18,912
Beasley Broadcast Grp Inc COM 074014101 49 33,000 SH   DFND   33,000 0 0
Blackrock Intern L Grth & Inc Common COM 092524107 3,262 555,638 SH   SOLE   0 0 555,638
Blackrock Muniyield Qty Iii COM 09254E103 1,251 86,553 SH   SOLE   0 0 86,553
Cabot Microelectronics Corp COM 12571T100 1,667 11,016 SH   SOLE   0 0 11,016
Chase Corp COM 16150R104 5,276 52,229 SH   SOLE   0 0 52,229
Chevron Corp COM 166764100 296 3,500 SH   DFND   3,500 0 0
Cimarex Energy Co COM 171798101 874 23,293 SH   SOLE   0 0 23,293
Cisco Systems Inc COM 17275R102 1,182 26,412 SH   SOLE   0 0 26,412
Coca-Cola Co COM 191216100 237 4,320 SH   SOLE   0 0 4,320
Compania Cervecerias -Adr ADR 204429104 212 14,401 SH   DFND   14,401 0 0
Consumer Discret Sel Sect Spdr(R) Etf COM 81369Y407 6,551 40,747 SH   SOLE   0 0 40,747
Consumer Staples Select Sector Spdr(R) Etf COM 81369Y308 4,167 61,782 SH   SOLE   0 0 61,782
Crown Castle Int COM 22822V101 318 2,000 SH   DFND   2,000 0 0
Csx Corp COM 126408103 4,191 46,184 SH   SOLE   0 0 46,184
Cvs Health Corp COM 126650100 1,478 21,645 SH   SOLE   0 0 21,645
Cyrusone, Inc. COM 23283R100 380 5,200 SH   DFND   5,200 0 0
Dentsply Sirona Inc COM 24906P109 262 5,000 SH   DFND   5,000 0 0
Diageo Plc-Adr ADR 25243Q205 445 2,800 SH   DFND   2,800 0 0
Digital Realty COM 253868103 470 3,368 SH   DFND   3,368 0 0
Dr Horton Inc COM 23331A109 345 5,000 SH   DFND   5,000 0 0
Duke Energy Corporation COM 26441C204 216 2,362 SH   SOLE   0 0 2,362
Electronic Arts COM 285512109 287 2,000 SH   DFND   2,000 0 0
Energy Select Sector Spdr(R) Etf COM 81369Y506 740 19,537 SH   SOLE   0 0 19,537
Enterprise Products Partners Lp COM 293792107 1,319 67,333 SH   SOLE   0 0 67,333
Essex Property COM 297178105 214 900 SH   DFND   900 0 0
Everest Re Group Ltd COM G3223R108 2,881 12,306 SH   SOLE   0 0 12,306
Extra Space Stor COM 30225T102 290 2,500 SH   DFND   2,500 0 0
Exxon Mobil Corporation COM 30231G102 1,117 27,109 SH   SOLE   0 0 27,109
Facebook Inc COM 30303M102 306 1,121 SH   SOLE   0 0 1,121
Fedex Corp COM 31428X106 389 1,500 SH   DFND   1,500 0 0
Foundation Building COM 350392106 192 10,000 SH   DFND   10,000 0 0
Fs Bancorp Inc COM 30263Y104 237 4,316 SH   DFND   4,316 0 0
Glaxosmithkl-Adr ADR 37733W105 313 8,500 SH   DFND   8,500 0 0
Global Net Lease Inc COM 379378201 189 11,000 SH   DFND   11,000 0 0
Global Self Storage Inc COM 37955N106 104 26,000 SH   DFND   26,000 0 0
Gold Fields-Adr ADR 38059T106 93 10,000 SH   DFND   10,000 0 0
Goldman Sachs Activebeta(R) Intl Eq Etf COM 381430107 9,881 309,754 SH   SOLE   0 0 309,754
Goldman Sachs Activebeta(R) Us Lgcp Eq Etf COM 381430503 6,100 80,595 SH   SOLE   0 0 80,595
Google Inc COM 02079K305 782 446 SH   SOLE   0 0 446
Group 1 Automoti COM 398905109 525 4,000 SH   DFND   4,000 0 0
Grupo Aeroportuario - Adr ADR 40051E202 214 1,300 SH   DFND   1,300 0 0
Hannon Armstrong COM 41068X100 482 7,600 SH   DFND   7,600 0 0
Hdfc Bank Ltd - Adr ADR 40415F101 578 8,000 SH   DFND   8,000 0 0
Ingles Markets Inc COM 457030104 2,949 69,117 SH   SOLE   0 0 69,117
Intel Corp COM 458140100 534 10,717 SH   SOLE   0 0 10,717
Intercontinental Hotels COM 45857P806 397 6,103 SH   DFND   6,103 0 0
International Business Machines Corp COM 459200101 1,729 13,734 SH   SOLE   0 0 13,734
Invesco Bulletshares 2023 Corp Bd Etf COM 46138J866 7,520 343,359 SH   SOLE   0 0 343,359
Invesco Bulletshares 2023 Hy Corp Bd Etf COM 46138J858 3,504 138,047 SH   SOLE   0 0 138,047
Invesco Bulletshares 2024 Corp Bd Etf COM 46138J841 3,953 176,559 SH   SOLE   0 0 176,559
Invesco Bulletshares 2025 Corp Bd Etf COM 46138J825 4,816 212,830 SH   SOLE   0 0 212,830
Invesco Muni Opps. Trust Common COM 46132C107 1,146 89,379 SH   SOLE   0 0 89,379
Invesco S&P 500(R) Eq Weight Hc Etf COM 46137V332 3,252 12,432 SH   SOLE   0 0 12,432
Invesco S&P 500(R) Equal Weight Etf COM 46137V357 5,490 43,045 SH   SOLE   0 0 43,045
Invesco S&P Global Water Index Etf COM 46138E263 2,673 57,113 SH   SOLE   0 0 57,113
Invesco Variable Rate Preferred Etf COM 46138G870 2,385 91,909 SH   SOLE   0 0 91,909
Iron Mountain Inc. COM 46284V101 212 7,200 SH   DFND   7,200 0 0
Ishares 0-5 Year High Yield Corp Bd COM 46434V407 231 5,075 SH   SOLE   0 0 5,075
Ishares Cali Amt-Free Muni Bond COM 464288356 557 8,864 SH   SOLE   0 0 8,864
Ishares Cohen & Steers Reit COM 464287564 1,393 25,845 SH   SOLE   0 0 25,845
Ishares Core S&P Mid-Cap COM 464287507 5,232 22,763 SH   SOLE   0 0 22,763
Ishares Core Us Aggregate Bond COM 464287226 2,182 18,461 SH   SOLE   0 0 18,461
Ishares Floating Rate Bond COM 46429B655 6,243 123,081 SH   SOLE   0 0 123,081
Ishares Global Healthcare COM 464287325 4,335 56,698 SH   SOLE   0 0 56,698
Ishares Global Tech Etf COM 464287291 3,704 12,346 SH   SOLE   0 0 12,346
Ishares Iboxx $ Invst Grade Crp Bond COM 464287242 2,326 16,837 SH   SOLE   0 0 16,837
Ishares Mbs COM 464288588 2,050 18,611 SH   SOLE   0 0 18,611
Ishares Msci Eafe COM 464287465 1,082 14,832 SH   SOLE   0 0 14,832
Ishares Msci Eafe Small-Cap COM 464288273 4,652 68,057 SH   SOLE   0 0 68,057
Ishares Msci Usa Minimum Volatility COM 46429B697 212 3,130 SH   SOLE   0 0 3,130
Ishares National Amt-Free Muni Bond COM 464288414 1,394 11,896 SH   SOLE   0 0 11,896
Ishares Russell 1000 COM 464287622 6,939 32,756 SH   SOLE   0 0 32,756
Ishares Russell 1000 Growth COM 464287614 298 1,235 SH   SOLE   0 0 1,235
Ishares Russell 2000 COM 464287655 2,772 14,138 SH   SOLE   0 0 14,138
Ishares Russell Mid-Cap COM 464287499 4,577 66,770 SH   SOLE   0 0 66,770
Ishares Select Dividend COM 464287168 3,243 33,721 SH   SOLE   0 0 33,721
Ishares Short-Term National Muni Bond COM 464288158 773 7,154 SH   SOLE   0 0 7,154
James Hardie Ind Plc Adr ADR 47030M106 742 25,000 SH   DFND   25,000 0 0
Jh Financial Opportunities Common COM 409735206 2,892 95,281 SH   SOLE   0 0 95,281
Jhancock Multifactor Large Cap Etf COM 47804J107 1,534 32,384 SH   SOLE   0 0 32,384
Johnson & Johnson COM 478160104 3,354 21,315 SH   SOLE   0 0 21,315
Jpmorgan Chase COM 46625H100 267 2,100 SH   DFND   2,100 0 0
Jpmorgan Chase & Co COM 46625H100 254 1,996 SH   SOLE   0 0 1,996
Jpmorgan Ultra-Short Income Etf COM 46641Q837 1,617 31,841 SH   SOLE   0 0 31,841
Kvh Industries COM 482738101 341 30,000 SH   DFND   30,000 0 0
Lennar Corp-A COM 526057104 305 4,000 SH   DFND   4,000 0 0
Lennox Intl Inc COM 526107107 466 1,700 SH   DFND   1,700 0 0
Lockheed Martin Corp COM 539830109 1,759 4,956 SH   SOLE   0 0 4,956
Lowe S Companies Inc COM 548661107 2,858 17,806 SH   SOLE   0 0 17,806
Lowe'S Cos Inc COM 548661107 417 2,600 SH   DFND   2,600 0 0
Merck & Co Inc COM 58933Y105 420 5,133 SH   SOLE   0 0 5,133
Metlife Inc COM 59156R108 1,657 35,303 SH   SOLE   0 0 35,303
Microsoft Corp COM 594918104 1,001 4,499 SH   SOLE   0 0 4,499
Microsoft Corp COM 594918104 334 1,500 SH   DFND   1,500 0 0
Miller Ind Inc/Tenn COM 600551204 684 18,000 SH   DFND   18,000 0 0
National Western Life Insurance COM 638517102 2,200 10,654 SH   SOLE   0 0 10,654
Netapp Inc COM 64110D104 596 9,000 SH   DFND   9,000 0 0
Nice Systems-Adr ADR 653656108 1,134 4,000 SH   DFND   4,000 0 0
Norfolk Southern COM 655844108 713 3,000 SH   DFND   3,000 0 0
Novartis Ag ADR 66987V109 2,214 23,441 SH   SOLE   0 0 23,441
Nuveen Intermediate Duration Muni Term COM 670671106 1,664 119,892 SH   SOLE   0 0 119,892
Nvr Inc COM 62944T105 204 50 SH   DFND   50 0 0
Nxp Semiconductors Nv COM N6596X109 2,047 12,873 SH   SOLE   0 0 12,873
Old Republic International Corp COM 680223104 1,533 77,796 SH   SOLE   0 0 77,796
Oracle Corporation COM 68389X105 355 5,489 SH   SOLE   0 0 5,489
Pagseguro Digital Ltd COM G68707101 228 4,000 SH   DFND   4,000 0 0
Pearson Plc COM 705015105 184 20,000 SH   DFND   20,000 0 0
Phillips 66 Com COM 718546104 1,036 14,808 SH   SOLE   0 0 14,808
Pimco Enhanced Short Maturity Etf COM 72201R833 1,946 19,073 SH   SOLE   0 0 19,073
Plexus Corp COM 729132100 1,118 14,294 SH   SOLE   0 0 14,294
Powershrs Bulletshares 2021 Corp Etf COM 46138J700 6,451 304,138 SH   SOLE   0 0 304,138
Powershrs Bulletshares 2022 Corp Etf COM 46138J882 4,013 184,515 SH   SOLE   0 0 184,515
Powershrs Bulletshares 2022 Hy Corp Etf COM 46138J874 4,316 184,929 SH   SOLE   0 0 184,929
Procter & Gamble COM 742718109 487 3,500 SH   DFND   3,500 0 0
Procter & Gamble Co COM 742718109 314 2,259 SH   SOLE   0 0 2,259
Qualcomm Inc COM 747525103 870 5,710 SH   SOLE   0 0 5,710
Redwood Trust COM 758075402 133 15,192 SH   DFND   15,192 0 0
Rgc Resources COM 74955L103 709 29,804 SH   SOLE   0 0 29,804
Royce Micro Cap Trust Common COM 780915104 3,122 308,499 SH   SOLE   0 0 308,499
Royce Value Trust Common COM 780910105 205 12,679 SH   SOLE   0 0 12,679
Ryman Hospitality Prop COM 78377T107 205 3,024 SH   DFND   3,024 0 0
Sba Communications Corp COM 78410G104 564 2,000 SH   DFND   2,000 0 0
Schwab Emerging Markets Equity Etf(TM) COM 808524706 363 11,856 SH   SOLE   0 0 11,856
Schwab Fundamental Us Large Company Etf COM 808524771 4,042 89,250 SH   SOLE   0 0 89,250
Schwab International Equity Etf(TM) COM 808524805 1,407 39,061 SH   SOLE   0 0 39,061
Schwab Us Aggregate Bond Etf(TM) COM 808524839 1,439 25,690 SH   SOLE   0 0 25,690
Schwab Us Mid-Cap Etf(TM) COM 808524508 1,795 26,334 SH   SOLE   0 0 26,334
Schwab Us Small-Cap Etf(TM) COM 808524607 1,784 20,045 SH   SOLE   0 0 20,045
Skyworks Solutio COM 83088M102 612 4,000 SH   DFND   4,000 0 0
Sony Corp Adr ADR 835699307 506 5,000 SH   DFND   5,000 0 0
Spdr(R) Blmbg Barclays St Corp Bd Etf COM 78464A474 1,945 61,952 SH   SOLE   0 0 61,952
Spdr(R) S&P 500 Etf COM 78462F103 618 1,654 SH   SOLE   0 0 1,654
Spdr(R) S&P Midcap 400 Etf COM 78467Y107 579 1,380 SH   SOLE   0 0 1,380
Store Capital COM 862121100 258 7,600 SH   DFND   7,600 0 0
Stryker Corporation COM 863667101 3,784 15,444 SH   SOLE   0 0 15,444
Tecnoglass Inc COM G87264100 177 25,634 SH   DFND   25,634 0 0
Templeton Emerging Markets COM 880191101 2,767 147,805 SH   SOLE   0 0 147,805
The Trade Desk Inc Com Cl A COM 88339J105 414 517 SH   SOLE   0 0 517
Thermo Fisher COM 883556102 932 2,000 SH   DFND   2,000 0 0
Udr Inc COM 902653104 382 9,951 SH   SOLE   0 0 9,951
Ultra Clean Holdings Inc COM 90385V107 1,543 49,531 SH   SOLE   0 0 49,531
Unilever Plc-Adr ADR 904767704 543 9,000 SH   DFND   9,000 0 0
Valero Energy Corp COM 91913Y100 275 4,862 SH   SOLE   0 0 4,862
Valmont Industries Inc COM 920253101 4,188 23,940 SH   SOLE   0 0 23,940
Vanguard Energy Etf COM 92204A306 756 14,576 SH   SOLE   0 0 14,576
Vanguard Ftse Developed Markets Etf COM 921943858 11,183 236,868 SH   SOLE   0 0 236,868
Vanguard High Dividend Yield Etf COM 921946406 1,883 20,574 SH   SOLE   0 0 20,574
Vanguard Information Technology Etf COM 92204A702 10,805 30,541 SH   SOLE   0 0 30,541
Vanguard S&P 500 Etf COM 922908363 504 1,466 SH   SOLE   0 0 1,466
Vanguard Short-Term Corporate Bond Etf COM 92206C409 2,701 32,450 SH   SOLE   0 0 32,450
Verizon Communications Inc COM 92343V104 444 7,564 SH   SOLE   0 0 7,564
Visa Inc Class A COM 92826C839 417 1,905 SH   SOLE   0 0 1,905
Vmware Inc COM 928563402 1,568 11,181 SH   SOLE   0 0 11,181
Voya Financial Inc COM 929089100 2,847 48,406 SH   SOLE   0 0 48,406
Walt Disney Co COM 254687106 1,484 8,189 SH   SOLE   0 0 8,189
Walt Disney Co COM 254687106 544 3,000 SH   DFND   3,000 0 0
Western Asset Glb Corp Def Opp Common COM 95790C107 4,537 250,684 SH   SOLE   0 0 250,684
Western Asset High Income Opp COM 95766K109 2,677 540,813 SH   SOLE   0 0 540,813
Williams Companies Inc COM 969457100 990 49,352 SH   SOLE   0 0 49,352
Wp Carey Inc COM 92936U109 315 4,470 SH   DFND   4,470 0 0