Community Bank as of Dec. 31, 2011
Portfolio Holdings for Community Bank
Community Bank holds 0 positions in its portfolio as reported in the December 2011 quarterly 13F filing
TITLE OF VALUE SHARES/ INVESTMENT DESCRETION VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT SOLE SHARED OTHER SOLE SHARED NONE
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{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
COOPER INDUSTRIES PLC SHS G24140108 5 100 SH DEFINED 100 0 0
INGERSOLL-RAND PLC SHS G47791101 40 1320 SH DEFINED 1320 0 0
TRANSOCEAN LTD REGSHS H8817H100 15 401 SH SOLE 401 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 1 200 SH SOLE 200 0 0
AGL RES INC COM 1204106 8 200 SH SOLE 200 0 0
AES CORP COM 00130H105 10 833 SH DEFINED 833 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 2192 131984 SH SOLE 128131 0 3853
AT^T INC COM 00206R102 1382 45731 SH SOLE 45731 0 0
AT^T INC COM 00206R102 237 7838 SH DEFINED 7838 0 0
ABBOTT LABS COM 2824100 356 6329 SH SOLE 6329 0 0
AIR PRODS & CHEMS INC COM 9158106 439 5150 SH SOLE 5150 0 0
ALCOA INC COM 13817101 32 3683 SH SOLE 3683 0 0
ALLIANT ENERGY CORP COM 18802108 42 958 SH SOLE 958 0 0
ALTRIA GROUP INC COM 02209S103 15 500 SH SOLE 500 0 0
ALTRIA GROUP INC COM 02209S103 36 1200 SH DEFINED 1200 0 0
AMERICAN ELEC PWR INC COM 25537101 156 3786 SH SOLE 3786 0 0
AMERICAN ELEC PWR INC COM 25537101 30 720 SH DEFINED 720 0 0
AMERICAN EXPRESS CO COM 25816109 12 250 SH SOLE 250 0 0
AMGEN INC COM 31162100 125 1950 SH SOLE 1950 0 0
AMGEN INC COM 31162100 64 1000 SH DEFINED 1000 0 0
ANALOG DEVICES INC COM 32654105 27 750 SH SOLE 750 0 0
APACHE CORP COM 37411105 40 440 SH SOLE 440 0 0
APPLE INC COM 37833100 5214 12874 SH SOLE 2174 0 10700
APPLIED MATLS INC COM 38222105 21 2000 SH SOLE 2000 0 0
AQUA AMERICA INC COM 03836W103 22 1000 SH SOLE 1000 0 0
ASTRAZENECA PLC SPONSORED ADR 46353108 2 53 SH SOLE 53 0 0
AUTOMATIC DATA PROCESSING IN COM 53015103 513 9493 SH SOLE 9493 0 0
BP PLC SPONSORED ADR 55622104 60 1400 SH SOLE 1400 0 0
BAKER HUGHES INC COM 57224107 85 1750 SH SOLE 1600 0 150
BANK OF AMERICA CORPORATION COM 60505104 43 7750 SH SOLE 7750 0 0
BANK OF NEW YORK MELLON CORP COM 64058100 557 27989 SH SOLE 27989 0 0
BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 308 15600 SH SOLE 15600 0 0
BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 34 1700 SH DEFINED 1700 0 0
BARRICK GOLD CORP COM 67901108 17 375 SH SOLE 0 0 375
BAXTER INTL INC COM 71813109 163 3300 SH SOLE 3300 0 0
BECTON DICKINSON & CO COM 75887109 127 1700 SH SOLE 1700 0 0
BECTON DICKINSON & CO COM 75887109 6 75 SH DEFINED 75 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 84670702 28 371 SH SOLE 371 0 0
BEST BUY INC COM 86516101 5 225 SH SOLE 225 0 0
BOEING CO COM 97023105 231 3150 SH SOLE 3150 0 0
BOEING CO COM 97023105 37 500 SH DEFINED 500 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 486 13806 SH SOLE 13806 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 28 800 SH DEFINED 800 0 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 7 115 SH SOLE 115 0 0
CIT GROUP INC COMNEW 125581801 7 204 SH SOLE 204 0 0
CVS CAREMARK/CORP COM 126650100 249 6100 SH SOLE 6100 0 0
CATERPILLAR INC DEL COM 149123101 200 2208 SH SOLE 2208 0 0
CENTERPOINT ENERGY INC COM 15189T107 33 1627 SH SOLE 1627 0 0
CENTURYTEL INC COM 156700106 39 1059 SH SOLE 1059 0 0
CHEVRON CORP COM 166764100 242 2272 SH SOLE 2272 0 0
CHEVRON CORP COM 166764100 34 320 SH DEFINED 320 0 0
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 2 18 SH SOLE 18 0 0
CHUBB CORP COM 171232101 334 4825 SH SOLE 4825 0 0
CHURCH & DWIGHT INC COM 171340102 3 68 SH SOLE 68 0 0
CIENA CORP COMNEW 171779309 17 1429 SH SOLE 0 0 1429
CISCO SYS INC COM 17275R102 174 9633 SH SOLE 9633 0 0
CITIZENS & NORTHN CORP COM 172922106 177 9597 SH SOLE 9597 0 0
CITIGROUP INC COM 172967424 9 340 SH SOLE 340 0 0
COCA COLA CO COM 191216100 663 9470 SH SOLE 9470 0 0
COCA COLA CO COM 191216100 225 3215 SH DEFINED 3215 0 0
COLGATE PALMOLIVE CO COM 194162103 372 4025 SH SOLE 4025 0 0
COLGATE PALMOLIVE CO COM 194162103 163 1768 SH DEFINED 1768 0 0
COMCAST CORP 20030N101 118 4969 SH SOLE 4969 0 0
COMMUNITY BK SYS INC COM 203607106 11964 430501 SH SOLE 430501 0 0
COMMUNITY BK SYS INC COM 203607106 982 35320 SH DEFINED 35320 0 0
CONOCOPHILLIPS COM 20825C104 143 1966 SH SOLE 1966 0 0
CONOCOPHILLIPS COM 20825C104 29 395 SH DEFINED 395 0 0
CONSOLIDATED EDISON INC COM 209115104 183 2955 SH SOLE 2955 0 0
CONSTELLATION BRANDS INC CL A 21036P108 33 1600 SH SOLE 1600 0 0
CONSTELLATION BRANDS INC CL A 21036P108 59 2846 SH DEFINED 2846 0 0
CORNING INC COM 219350105 156 12056 SH SOLE 12056 0 0
CORNING INC COM 219350105 3 240 SH DEFINED 240 0 0
COVANCE INC COM 222816100 2 48 SH SOLE 48 0 0
CUMMINS INC COM 231021106 79 900 SH SOLE 900 0 0
CURTISS WRIGHT CORP COM 231561101 28 800 SH SOLE 800 0 0
DARDEN RESTAURANTS INC COM 237194105 2 40 SH SOLE 40 0 0
DEAN FOODS CO NEW COM 242370104 84 7500 SH SOLE 7500 0 0
DEERE & CO COM 244199105 18 239 SH SOLE 239 0 0
DELL INC 24702R101 11 750 SH SOLE 750 0 0
DISNEY WALT CO COMDISNEY 254687106 302 8044 SH SOLE 8044 0 0
DOMINION RES INC VA NEW COM 25746U109 172 3238 SH SOLE 3238 0 0
DOMINION RES INC VA NEW COM 25746U109 16 300 SH DEFINED 300 0 0
DONNELLEY R R & SONS CO COM 257867101 1 100 SH SOLE 0 0 100
DOW CHEM CO COM 260543103 78 2708 SH SOLE 2708 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 273 5963 SH SOLE 5963 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 9 200 SH DEFINED 200 0 0
DUKE ENERGY CORP NEW COM 26441C105 136 6198 SH SOLE 5798 0 400
E M C CORP MASS COM 268648102 143 6640 SH SOLE 6640 0 0
EASTMAN KODAK CO COM 277461109 0 222 SH SOLE 222 0 0
EATON CORP COM 278058102 7 160 SH DEFINED 160 0 0
EL PASO CORP 28336L109 86 3250 SH SOLE 250 0 3000
ELMIRA SVGS BK FSB N Y COM 289660102 46 2803 SH SOLE 2803 0 0
EMERSON ELEC CO COM 291011104 550 11810 SH SOLE 11810 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 9 200 SH DEFINED 200 0 0
EXELON CORP COM 30161N101 27 619 SH SOLE 619 0 0
EXELON CORP COM 30161N101 35 800 SH DEFINED 800 0 0
EXELIS INC COM 30162A108 7 800 SH DEFINED 800 0 0
EXPRESS SCRIPTS INC COM 302182100 4 100 SH DEFINED 100 0 0
EXXON MOBIL CORP COM 30231G102 2554 30135 SH SOLE 30135 0 0
EXXON MOBIL CORP COM 30231G102 241 2844 SH DEFINED 2844 0 0
FNB CORP PA COM 302520101 39 3454 SH SOLE 3454 0 0
FTI CONSULTING INC COM 302941109 2 43 SH SOLE 43 0 0
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 1 110 SH SOLE 110 0 0
FIRST TR ISE REVERE NAT GAS COM 33734J102 4 225 SH DEFINED 225 0 0
FIRSTENERGY CORP COM 337932107 10 225 SH SOLE 225 0 0
FORD MTR CO DEL COMPAR $0.01 345370860 54 5000 SH SOLE 5000 0 0
FORD MTR CO DEL COMPAR $0.01 345370860 30 2805 SH DEFINED 2805 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 5 140 SH DEFINED 140 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 1 193 SH SOLE 193 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 1 117 SH DEFINED 117 0 0
GENERAL DYNAMICS CORP COM 369550108 13 200 SH SOLE 200 0 0
GENERAL ELEC CO COM 369604103 3774 210860 SH SOLE 206760 0 4100
GENERAL ELEC CO COM 369604103 148 8291 SH DEFINED 8291 0 0
GENERAL MLS INC COM 370334104 174 4300 SH SOLE 4300 0 0
GENERAL MLS INC COM 370334104 78 1920 SH DEFINED 1920 0 0
GENESEE & WYO INC CL A 371559105 6 100 SH DEFINED 100 0 0
GENUINE PARTS CO COM 372460105 28 450 SH SOLE 450 0 0
GILEAD SCIENCES INC COM 375558103 2 48 SH SOLE 48 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 166 3641 SH SOLE 3641 0 0
GLOBAL X FDS GLBX URANIUM 37950E754 1177 144375 SH SOLE 142375 0 2000
GOLDMAN SACHS GROUP INC COM 38141G104 14 150 SH SOLE 150 0 0
GOOGLE INC CL A 38259P508 58 90 SH SOLE 90 0 0
HCP INC COM 40414L109 32 781 SH SOLE 781 0 0
HSBC HLDGS PLC ADRA 1/40PF A 404280604 48 2000 SH SOLE 2000 0 0
HARSCO CORP 415864107 329 16000 SH SOLE 16000 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 23 1400 SH DEFINED 1400 0 0
HEINZ H J CO COM 423074103 310 5730 SH SOLE 5730 0 0
HEWLETT PACKARD CO COM 428236103 185 7192 SH SOLE 7192 0 0
HEWLETT PACKARD CO COM 428236103 9 360 SH DEFINED 360 0 0
HOME DEPOT INC COM 437076102 183 4347 SH SOLE 4347 0 0
HONEYWELL INTL INC COM 438516106 183 3360 SH SOLE 3360 0 0
ITT CORP NEW COMNEW 450911201 8 400 SH DEFINED 400 0 0
ILLINOIS TOOL WKS INC COM 452308109 437 9350 SH SOLE 9350 0 0
INTEL CORP COM 458140100 541 22311 SH SOLE 22061 0 250
INTEL CORP COM 458140100 223 9200 SH DEFINED 9200 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 2 34 SH SOLE 34 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 38 700 SH DEFINED 700 0 0
INTL BUSINESS MACH COM 459200101 1778 9672 SH SOLE 9672 0 0
INTL BUSINESS MACH COM 459200101 187 1019 SH DEFINED 1019 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 43 2500 SH SOLE 2500 0 0
INTUIT COM 461202103 3 60 SH SOLE 60 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 20 750 SH SOLE 750 0 0
ISHARES INC MSCI AUSTRALIA 464286103 229 10700 SH SOLE 2600 0 8100
ISHARES INC MSCI BRAZIL 464286400 271 4725 SH SOLE 1175 0 3550
ISHARES INC MSCI CDA INDEX 464286509 822 30914 SH SOLE 19364 0 11550
ISHARES INC MSCI CDA INDEX 464286509 94 3550 SH DEFINED 1550 0 2000
ISHARES INC MSCI THAILAND 464286624 316 5250 SH SOLE 1225 0 4025
ISHARES INC MSCI PAC J IDX 464286665 29 750 SH SOLE 750 0 0
ISHARES INC MSCI SINGAPORE 464286673 210 19350 SH SOLE 4700 0 14650
ISHARES INC MSCI TURKEY FD 464286715 457 11100 SH SOLE 2200 0 8900
ISHARES INC MSCI TAIWAN 464286731 192 16375 SH SOLE 3950 0 12425
ISHARES INC MSCI S KOREA 464286772 308 5900 SH SOLE 1200 0 4700
ISHARES TR DJ SEL DIV INX 464287168 4642 86340 SH SOLE 76305 0 10035
I SHARES BARCLAYS TIPS BOND FUND 464287176 496 4248 SH SOLE 3457 0 791
I SHARES BARCLAYS TIPS BOND FUND 464287176 12 100 SH DEFINED 100 0 0
I SHARES TR S^P 500 INDEX FD 464287200 6 50 SH SOLE 0 0 50
I SHARES BARCLAYS AGGRGT 464287226 4443 40300 SH SOLE 40300 0 0
I SHARES MSCI EMERGING MKTS INDEX FUND 464287234 1293 34099 SH SOLE 16099 0 18000
I SHARES MSCI EMERGING MKTS INDEX FUND 464287234 4 115 SH DEFINED 115 0 0
ISHARES TR IBOXX INV CPBD 464287242 88 770 SH SOLE 770 0 0
ISHARES TR IBOXX INV CPBD 464287242 158 1387 SH DEFINED 1387 0 0
ISHARES TR S^PGBL HLTHCR 464287325 2348 41840 SH SOLE 33740 0 8100
ISHARES TR S^PGBL HLTHCR 464287325 105 1875 SH DEFINED 0 0 1875
ISHARES TR S^PLTN AM 40 464287390 4 85 SH DEFINED 85 0 0
ISHARES TR 3-Jan YR TRS BD 464287457 276 3266 SH SOLE 3266 0 0
ISHARES TR 3-Jan YR TRS BD 464287457 29 343 SH DEFINED 343 0 0
I SHARES MSCI EAFE 464287465 10615 214355 SH SOLE 199880 0 14475
I SHARES MSCI EAFE 464287465 302 6105 SH DEFINED 1105 0 5000
I SHARES RUSSELL 1000 VALUE 464287598 9650 152034 SH SOLE 137509 0 14525
I SHARES RUSSELL 1000 VALUE 464287598 527 8310 SH DEFINED 3810 0 4500
ISHARES TR RUSSELL 1000 GROWTH INDEX FUND 464287614 11025 190770 SH SOLE 172970 0 17800
ISHARES TR RUSSELL 1000 GROWTH INDEX FUND 464287614 603 10432 SH DEFINED 4932 0 5500
ISHARES TR RUSL 2000 VALU 464287630 122 1855 SH SOLE 1855 0 0
ISHARES TR DJ US UTILS 464287697 35 400 SH SOLE 400 0 0
ISHARES TR S^PSMLCAP 600 464287804 5988 87681 SH SOLE 78691 0 8990
ISHARES TR S^PSMLCAP 600 464287804 352 5154 SH DEFINED 3154 0 2000
ISHARES TR JPMORGAN USD 464288281 1646 15000 SH SOLE 15000 0 0
ISHARES TR HIGH YLD CORP 464288513 2560 28625 SH SOLE 28625 0 0
ISHARES TR MRTG PLS CAP IDX 464288539 9 700 SH SOLE 700 0 0
ISHARES TR BARCLYS 1-3YR CR 464288646 2825 27114 SH SOLE 26114 0 1000
ISHARES TR BARCLYS 1-3YR CR 464288646 5 52 SH DEFINED 52 0 0
ISHARES TR US PFD STK IDX 464288687 2803 78715 SH SOLE 77015 0 1700
ISHARES TR US PFD STK IDX 464288687 10 270 SH DEFINED 270 0 0
ISHARES TR DJ MED DEVICES 464288810 6 100 SH DEFINED 100 0 0
ISHARES TR DJ OIL^GAS EXP 464288851 5 85 SH DEFINED 85 0 0
ISHARES TR MSCI PERU CAP 464289842 253 6600 SH SOLE 975 0 5625
ISHARES TR HGHDIV EQT FD 46429B663 3422 61665 SH SOLE 58740 0 2925
JDS UNIPHASE CORP COMPAR $0.001 46612J507 26 2500 SH SOLE 0 0 2500
JP MORGAN CHASE & CO COM 46625H100 264 7925 SH SOLE 7925 0 0
JP MORGAN CHASE & CO COM 46625H100 21 623 SH DEFINED 623 0 0
JAZZ PHARMACEUTICALS INC COM 472147107 4 100 SH DEFINED 100 0 0
JOHNSON & JOHNSON COM 478160104 842 12846 SH SOLE 12846 0 0
JOHNSON & JOHNSON COM 478160104 155 2360 SH DEFINED 2360 0 0
KELLOGG CO COM 487836108 25 500 SH SOLE 500 0 0
KEYCORP NEW COM 493267108 65 8435 SH SOLE 8435 0 0
KIMBERLY CLARK CORP COM 494368103 7 100 SH DEFINED 100 0 0
KIMCO RLTY CORP COM 49446R109 9 559 SH SOLE 559 0 0
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 13 150 SH DEFINED 150 0 0
KRAFT FOODS INC CL A 50075N104 237 6342 SH SOLE 6342 0 0
KRAFT FOODS INC CL A 50075N104 43 1139 SH DEFINED 1139 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 2 23 SH SOLE 23 0 0
LAZARD WORLD DIVID & INCOME COM 521076109 18 1660 SH DEFINED 1660 0 0
LILLY ELI & CO COM 532457108 73 1757 SH SOLE 1757 0 0
LINCOLN NATL CORP IND COM 534187109 79 4091 SH SOLE 4091 0 0
LOCKHEED MARTIN CORP COM 539830109 320 3950 SH SOLE 3950 0 0
LOWES COS INC COM 548661107 117 4600 SH SOLE 4600 0 0
MACYS INC COM 55616P104 8 250 SH SOLE 0 0 250
MAGELLAN MIDSTREAM PRTNRS LP COMUNIT RP LP 559080106 5 79 SH DEFINED 79 0 0
MANTECH INTL CORP CL A 564563104 1 35 SH SOLE 35 0 0
MARATHON OIL CORP 565849106 24 832 SH SOLE 832 0 0
MARATHON PETE CORP COM 56585A102 7 202 SH SOLE 202 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 705 13700 SH SOLE 13125 0 575
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 181 6800 SH SOLE 1275 0 5525
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 5 100 SH SOLE 0 0 100
MARKET VECTORS ETF TR VIETNAM ETF 57060U761 208 14275 SH SOLE 3175 0 11100
MCCORMICK & CO INC COMNON VTG 579780206 3 54 SH SOLE 54 0 0
MCDONALDS CORP COM 580135101 236 2350 SH SOLE 2350 0 0
MEDTRONIC INC COM 585055106 285 7450 SH SOLE 7450 0 0
MEDTRONIC INC COM 585055106 94 2460 SH DEFINED 2460 0 0
MERCK & CO INC NEW COM 58933Y105 505 13398 SH SOLE 13398 0 0
MERCK & CO INC NEW COM 58933Y105 196 5201 SH DEFINED 5201 0 0
MICROSOFT CORP COM 594918104 846 32603 SH SOLE 25159 0 7444
MICROSOFT CORP COM 594918104 158 6100 SH DEFINED 6100 0 0
MONSANTO CO (NEW) 61166W101 5 70 SH DEFINED 70 0 0
MORGAN STANLEY COMNEW 617446448 15 1000 SH SOLE 1000 0 0
MORGAN STANLEY INDIA INVS FD COM 61745C105 29 2050 SH SOLE 0 0 2050
MYLAN LABS INC COM 628530107 5 225 SH SOLE 225 0 0
NCR CORP NEW COM 62886E108 2 150 SH SOLE 150 0 0
NATIONAL FUEL GAS CO N J COM 636180101 4 80 SH SOLE 80 0 0
NATIONAL FUEL GAS CO N J COM 636180101 94 1685 SH DEFINED 1685 0 0
NEWELL RUBBERMAID INC COM 651229106 10 650 SH SOLE 0 0 650
NEWMONT MINING CORP COM 651639106 3 52 SH SOLE 52 0 0
NEXTERA ENERGY INC COM 65339F101 64 1050 SH SOLE 900 0 150
NOKIA CORP SPONSORED ADR 654902204 28 5850 SH SOLE 5850 0 0
NORFOLK SOUTHERN CORP COM 655844108 101 1382 SH SOLE 1382 0 0
NORWOOD FINANCIAL CORP COM 669549107 37 1365 SH SOLE 1365 0 0
NUCOR CORP COM 670346105 51 1300 SH SOLE 1300 0 0
NUVEEN PREFERRED AND CONVERTIBLE INCOME 67073B106 8 1000 SH SOLE 1000 0 0
OGE ENERGY CORP COM 670837103 34 600 SH DEFINED 600 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 21 229 SH SOLE 129 0 100
OCLARO INC COMNEW 67555N206 0 35 SH SOLE 35 0 0
OMNICOM GROUP INC COM 681919106 20 450 SH SOLE 450 0 0
OPEN TEXT CORP COM 683715106 3 50 SH SOLE 50 0 0
ORACLE CORP COM 68389X105 117 4561 SH SOLE 4561 0 0
PPG INDS INC COM 693506107 182 2177 SH SOLE 2177 0 0
PPL CORP COM 69351T106 242 8235 SH SOLE 8235 0 0
PAYCHEX INC COM 704326107 4 135 SH SOLE 135 0 0
PAYCHEX INC COM 704326107 9 312 SH DEFINED 312 0 0
PENNEY J C INC COM 708160106 35 1000 SH SOLE 1000 0 0
PEPSICO INC COM 713448108 806 12145 SH SOLE 12145 0 0
PEPSICO INC COM 713448108 173 2600 SH DEFINED 2600 0 0
PETROCHINA CO LTD SPONSORED ADR 71646E100 2 13 SH SOLE 13 0 0
PFIZER INC COM 717081103 289 13364 SH SOLE 13164 0 200
PFIZER INC COM 717081103 30 1400 SH DEFINED 1400 0 0
PHILIP MORRIS INTL INC COM 718172109 41 523 SH SOLE 523 0 0
PHILIP MORRIS INTL INC COM 718172109 94 1200 SH DEFINED 1200 0 0
PINNACLE WEST CPTLCORP 723484101 235 4875 SH SOLE 4875 0 0
PLUM CREEK TIMBER CO INC COM 729251108 10 274 SH DEFINED 274 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 2118 78921 SH SOLE 68646 0 10275
POWERSHARES ETF TRUST BASIC MAT SECT 73935X427 4 140 SH DEFINED 140 0 0
POWERSHARES ETF TRUST WATER RESOURCE 73935X575 1 50 SH SOLE 50 0 0
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 46 840 SH SOLE 840 0 0
POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 1664 74100 SH SOLE 74100 0 0
POWERSHARES ETF TRUST II MENA FRNTR ETF 73936Q603 16 1500 SH SOLE 0 0 1500
POWERSHARES ETF TR II BUILD AMER ETF 73937B407 563 19600 SH SOLE 16400 0 3200
PRAXAIR INC COM 74005P104 194 1812 SH SOLE 1812 0 0
PROCTER & GAMBLE CO COM 742718109 825 12376 SH SOLE 12376 0 0
PROGRESS ENERGY INC COM 743263105 73 1311 SH SOLE 1311 0 0
PROGRESSIVE CORP OHIO COM 743315103 39 2000 SH SOLE 2000 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347R297 903 50000 SH SOLE 50000 0 0
PROSHARES TR PSHS ULSHT SP500 74347R883 1928 100000 SH SOLE 100000 0 0
PROSHARES TR II ULTSH DJ UBS CRU 74347W668 193 5000 SH SOLE 5000 0 0
PRUDENTIAL FINL INC COM 744320102 10 204 SH SOLE 204 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 10 310 SH SOLE 310 0 0
QUALCOMM INC COM 747525103 260 4760 SH SOLE 4760 0 0
QUEST DIAGNOSTICS INC COM 74834L100 1 25 SH SOLE 25 0 0
RAYTHEON CO COMNEW 755111507 48 1000 SH SOLE 1000 0 0
RESEARCH IN MOTION LTD COM 760975102 1 38 SH SOLE 38 0 0
RITE AID CORP COM 767754104 6 5000 SH SOLE 5000 0 0
ROCKWELL COLLINS INC 774341101 209 3775 SH SOLE 3775 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 427 5847 SH SOLE 5847 0 0
SPDR S^P 500 ETF TRUST 78462F103 3417 27230 SH SOLE 27230 0 0
SPDR S^P 500 ETF TRUST 78462F103 145 1154 SH DEFINED 1154 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 39 257 SH SOLE 257 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 29 190 SH DEFINED 190 0 0
SPDR INDEX SHS FDS S^PINTL ETF 78463X772 41 875 SH SOLE 875 0 0
SPDR INDEX SHS FDS MACQU GLBIN100 78463X855 2 50 SH SOLE 50 0 0
SPDR SERIES TRUST BRCLYS CAP CONV 78464A359 1184 32735 SH SOLE 32605 0 130
SPDR SERIES TRUST LEHMAN YLD ETF 78464A417 3088 80300 SH SOLE 70025 0 10275
SPDR SERIES TRUST LEHMAN YLD ETF 78464A417 136 3525 SH DEFINED 1050 0 2475
SPDR SERIES TRUST OILGAS EQUIP 78464A748 5 150 SH DEFINED 150 0 0
SPDR SERIES TRUST S^PMETALS MNG 78464A755 9 175 SH DEFINED 175 0 0
SPDR SERIES TRUST S^PDIVID ETF 78464A763 32 600 SH SOLE 600 0 0
SPDR SERIES TRUST S^PSEMICNDCTR 78464A862 1 23 SH SOLE 23 0 0
SPDR S^P MIDCAP 400 ETF TR UTSER1 S^PDCRP 78467Y107 7204 45170 SH SOLE 42120 0 3050
SPDR S^P MIDCAP 400 ETF TR UTSER1 S^PDCRP 78467Y107 318 1994 SH DEFINED 1994 0 0
SANOFI AVENTIS SPONSORED ADR 80105N105 4 96 SH SOLE 96 0 0
SCHLUMBERGER LTD 806857108 755 11050 SH SOLE 11050 0 0
SELECT SECTOR SPDR TR SBIMATERIALS 81369Y100 4 130 SH DEFINED 130 0 0
SELECT SECTOR SPDR TR SBICONS STPLS 81369Y308 121 3725 SH SOLE 1800 0 1925
SELECT SECTOR SPDR TR SBIINT-FINL 81369Y605 2 162 SH SOLE 162 0 0
SELECT SECTOR SPDR TR SBIINT-TECH 81369Y803 467 18350 SH SOLE 5700 0 12650
SELECT SECTOR SPDR TR SBIINT-UTILS 81369Y886 94 2625 SH SOLE 2625 0 0
SIGMA ALDRICH CORP COM 826552101 195 3130 SH SOLE 3130 0 0
SOUTHERN CO COM 842587107 431 9320 SH SOLE 9320 0 0
SOUTHERN CO COM 842587107 76 1645 SH DEFINED 1645 0 0
SPECTRA ENERGY CORP COM 847560109 74 2411 SH SOLE 2411 0 0
STAPLES INCORPORATED 855030102 31 2250 SH SOLE 2250 0 0
STATE STR CORP COM 857477103 40 1000 SH SOLE 1000 0 0
STRYKER CORP COM 863667101 5 110 SH SOLE 110 0 0
SYMANTEC CORP COM 871503108 38 2455 SH SOLE 2455 0 0
SYSCO CORP COM 871829107 70 2375 SH SOLE 2375 0 0
TARGET CORP COM 87612E106 215 4200 SH SOLE 4200 0 0
TENARIS S A SPONSORED ADR 88031M109 37 1000 SH SOLE 1000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 3 62 SH SOLE 62 0 0
TEXAS INSTRS INC COM 882508104 150 5145 SH SOLE 5145 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 12 258 SH SOLE 258 0 0
3M CO COM 88579Y101 114 1400 SH SOLE 1250 0 150
3M CO COM 88579Y101 33 400 SH DEFINED 400 0 0
TOMPKINS TRUST CO INC COM 890110109 129 3341 SH SOLE 3341 0 0
TRANSCANADA CORP COM 89353D107 4 100 SH DEFINED 100 0 0
TRANS1 INC COM 89385X105 13 6825 SH SOLE 4775 0 2050
TRANS1 INC COM 89385X105 4 1925 SH DEFINED 0 0 1925
TRAVELERS COMPANIES INC COM 89417E109 12 208 SH SOLE 208 0 0
TREEHOUSE FOODS INC COM 89469A104 19 290 SH SOLE 290 0 0
TRUSTCO BK CORP N Y COM 898349105 5 842 SH DEFINED 842 0 0
UIL HLDG CORP COM 902748102 20 573 SH SOLE 573 0 0
UNION PAC CORP COM 907818108 427 4035 SH SOLE 4035 0 0
UNION PAC CORP COM 907818108 4 40 SH DEFINED 40 0 0
UNITED PARCEL SERVICE INC CL B 911312106 92 1260 SH SOLE 1260 0 0
UNITED TECHNOLOGIES CORP COM 913017109 262 3585 SH SOLE 3585 0 0
VALERO ENERGY CORP NEW COM 91913Y100 2 105 SH SOLE 105 0 0
VANGUARD SPECIALIZED PORTFOL DIVAPP ETF 921908844 10483 191825 SH SOLE 166475 0 25350
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 1011 12107 SH SOLE 12107 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 546 6540 SH DEFINED 6540 0 0
VANGUARD HIGH DIVIDEND YIELD ETF 921946406 20 450 SH SOLE 450 0 0
VANGUARD MSCI EMERGING MARKETS ETF 922042858 2180 57070 SH SOLE 46745 0 10325
VANGUARD MSCI EMERGING MARKETS ETF 922042858 160 4195 SH DEFINED 195 0 4000
VANGUARD INDEX FDS REIT ETF 922908553 39 675 SH SOLE 675 0 0
VANGUARD INDEX FDS MIDCAP ETF 922908629 306 4258 SH SOLE 2508 0 1750
VANGUARD INDEX FDS MIDCAP ETF 922908629 151 2100 SH DEFINED 100 0 2000
VANGUARD INDEX FDS SMALL CP ETF 922908751 7 100 SH DEFINED 100 0 0
VERIZON COMMUNICATIONS COM 92343V104 881 21960 SH SOLE 21610 0 350
VERIZON COMMUNICATIONS COM 92343V104 48 1206 SH DEFINED 1206 0 0
VISA INC COMCL A 92826C839 79 775 SH SOLE 775 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 3 100 SH SOLE 100 0 0
VULCAN MATLS CO COM 929160109 98 2500 SH SOLE 2500 0 0
WAL MART STORES INC COM 931142103 723 12099 SH SOLE 12099 0 0
WALGREEN CO COM 931422109 195 5900 SH SOLE 5650 0 250
WASTE MGMT INC DEL COM 94106L109 10 300 SH SOLE 300 0 0
WASTE MGMT INC DEL COM 94106L109 20 625 SH DEFINED 625 0 0
WELLS FARGO & CO NEW COM 949746101 146 5286 SH SOLE 5286 0 0
WESTERN ASSET MANAGED MUNI 95766M105 36 2673 SOLE 2673 0 0
WINDSTREAM CORP COM 97381W104 10 845 SH SOLE 845 0 0
WINDSTREAM CORP COM 97381W104 1 59 SH DEFINED 59 0 0
WISCONSIN ENERGY CORP COM 976657106 58 1650 SH SOLE 1650 0 0
WISDOMTREE TRUST CHINESE YUAN ETF 97717W182 2 80 SH SOLE 80 0 0
WISDOMTREE EQUTT INCOME FUND 97717W208 13 300 SH SOLE 300 0 0
WISDOMTREE TRUST EMERG MKTS ETF 97717W315 3379 65900 SH SOLE 55550 0 10350
WISDOMTREE TRUST INTL MIDCAP DV 97717W778 52 1200 SH SOLE 200 0 1000
WISDOMTREE TRUST INTL DV TOP100 97717W786 63 1600 SH SOLE 200 0 1400
WISDOMTREE TR EM LCL DEBT FD 97717X867 1876 38575 SH SOLE 38475 0 100
XEROX CORP COM 984121103 10 1225 SH SOLE 1225 0 0
XYLEM INC COM 98419M100 21 800 SH DEFINED 800 0 0
YUM BRANDS INC 988498101 55 926 SH SOLE 926 0 0
ZIMMER HLDGS INC COM 98956P102 100 1868 SH SOLE 1868 0 0
GRAND TOTALS 175278
4018016 3661744 0 356272