UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 06/30/2011
Check here if Amendment [_]; Amendment Number:
------------
This Amendment (Check only one.); [_] is a restatement,
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report: Ort & Co. (Nominee Name)
Name: Orrstown Financial Services, Inc.
Address: P.O. Box 250
77 E. King Street
Shippensburg, PA 17257
Form 13F File Number: 28-13107
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Christopher J. Jackson
Title: Vice President & Portfolio Manager
Phone: 717-530-2655
Signature, Place, and Date of Signing:
/s/ Christopher J. Jackson Shippensburg, PA 07/07/2011
-------------------------- ---------------- ----------
Signature [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
NONE
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 316
Form 13F Information Table Value Total: 99963
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
INGERSOLL-RAND PLC SHS G47791101 9 200 SH DEFINED 200 0 0
MARVELL TECHNOLOGY GROUP LTDORD G5876H105 707 47900 SH SOLE 47900 0 0
WEATHERFORD INTERNATIONAL LTREG SHS H27013103 6 343 SH SOLE 343 0 0
NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 1291 32766 SH SOLE 32766 0 0
TE CONNECTIVITY LTD REG SHS H84989104 23 625 SH SOLE 625 0 0
TYCO INTERNATIONAL LTD SHS H89128104 6 125 SH SOLE 125 0 0
DHT MARITIME INC COM Y2065G105 3 700 SH DEFINED 700 0 0
GENERAL MARITIME CORP NEW SHS Y2693R101 0 268 SH DEFINED 268 0 0
ACNB CORP COM 000868109 28 1769 SH SOLE 1769 0 0
AFLAC INC COM 001055102 23 500 SH SOLE 500 0 0
AT&T INC COM 00206R102 1194 38014 SH SOLE 38014 0 0
AT&T INC COM 00206R102 41 1300 SH DEFINED 1300 0 0
ABBOTT LABS COM 002824100 1081 20542 SH SOLE 20542 0 0
ABBOTT LABS COM 002824100 11 200 SH DEFINED 200 0 0
ACTIVISION BLIZZARD INC COM 00507V109 2 150 SH SOLE 150 0 0
ADAMS EXPRESS CO COM 006212104 64 5734 SH SOLE 5734 0 0
ADOBE SYS INC COM 00724F101 11 344 SH SOLE 344 0 0
AEROPOSTALE, INC 007865108 250 14300 SH SOLE 14300 0 0
AETNA INC NEW COM 00817Y108 30 680 SH SOLE 680 0 0
ALCATEL-LUCENT SPONSORED ADR 013904305 3 500 SH SOLE 500 0 0
ALLERGAN INC COM 018490102 16 188 SH SOLE 188 0 0
ALLIED IRISH BKS P L C SPON ADR ORD 019228808 78 37019 SH SOLE 37019 0 0
ALTERA CORP COM 021441100 20 437 SH SOLE 437 0 0
ALTRIA GROUP INC COM 02209S103 299 11344 SH SOLE 11344 0 0
ALTRIA GROUP INC COM 02209S103 11 400 SH DEFINED 400 0 0
AMERICAN ELECTRIC CO 025537101 792 21009 SH SOLE 21009 0 0
AMERICAN ELECTRIC CO 025537101 15 400 SH DEFINED 400 0 0
AMGEN INC COM 031162100 12 200 SH SOLE 200 0 0
ANNALY MTG MGMT INC COM 035710409 22 1200 SH DEFINED 1200 0 0
APPLE INC COM 037833100 851 2536 SH SOLE 2536 0 0
APPLIED DEVELOPMENT HLDGS LTADR 038173100 0 2000 SH SOLE 2000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 952 31600 SH SOLE 31600 0 0
ARROW ELECTRS INC COM 042735100 560 13500 SH SOLE 13500 0 0
ATMOS ENERGY CORP COM 049560105 42 1250 SH SOLE 1250 0 0
AUTODESK INC 052769106 17 445 SH SOLE 445 0 0
BB&T CORP COM 054937107 323 12050 SH SOLE 12050 0 0
BP AMOCO P L C SPONSORED ADR 055622104 6 132 SH SOLE 132 0 0
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 11 100 SH SOLE 100 0 0
BRE PPTYS INC 05564E106 20 398 SH SOLE 398 0 0
BANK OF AMERICA CORP 060505104 3 300 SH SOLE 300 0 0
BANK NEW YORK MELLON CORP 064058100 112 4380 SH SOLE 4380 0 0
BEISTLE COMPANY 072001993 1890 2921 SH SOLE 2921 0 0
BED BATH & BEYOND 075896100 6 100 SH SOLE 100 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 56 725 SH SOLE 725 0 0
BIO-REFERENCE LABS INC COM $.01 NEW 09057G602 282 13500 SH SOLE 13500 0 0
BIOGEN IDEC INC COM 09062X103 5 50 SH SOLE 50 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 9 300 SH DEFINED 300 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
BODYTEL SCIENTIFIC INCORPORA 097000103 2 2000 SH SOLE 2000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 205 7070 SH SOLE 7070 0 0
CVS CORP COM 126650100 4 100 SH SOLE 100 0 0
CAMPBELL SOUP 134429109 3 100 SH SOLE 100 0 0
CARLISLE COS INC COM 142339100 162 3300 SH SOLE 3300 0 0
CARNIVAL CORP 143658300 12 330 SH SOLE 330 0 0
CATERPILLAR INC DEL COM 149123101 395 3714 SH SOLE 3614 100 0
CHESAPEAKE ENERGY CORP COM 165167107 1078 36310 SH SOLE 36310 0 0
CHEVRON CORP NEW COM 166764100 1821 17705 SH SOLE 17705 0 0
CHICO'S FAS INC 168615102 2 140 SH SOLE 140 0 0
CISCO SYS INC COM 17275R102 44 2840 SH SOLE 2840 0 0
CITIGROUP INC COM NEW 172967424 40 958 SH SOLE 958 0 0
CITIGROUP INC COM NEW 172967424 30 730 SH DEFINED 730 0 0
CLEAN ENERGY FUELS CORP COM 184499101 34 2580 SH SOLE 2580 0 0
COCA COLA CO COM 191216100 250 3720 SH SOLE 3720 0 0
COGNEX CORP COM 192422103 4 100 SH SOLE 100 0 0
COGNIZANT TECHNOLOGY SOLUTIOCL A 192446102 1462 19940 SH SOLE 19940 0 0
COLGATE PALMOLIVE CO COM 194162103 1515 17338 SH SOLE 17238 100 0
COLGATE PALMOLIVE CO COM 194162103 17 200 SH DEFINED 200 0 0
COMCAST CORP NEW CL A 20030N101 44 1729 SH SOLE 1729 0 0
COMCAST CORP NEW CL A 20030N101 10 400 SH DEFINED 400 0 0
COMMERCIAL METALS CO COM 201723103 3 200 SH SOLE 200 0 0
CONOCOPHILLIPS COM 20825C104 38 500 SH SOLE 500 0 0
CONSOLIDATED EDISON INC COM 209115104 53 1000 SH SOLE 1000 0 0
CONSTELLATION ENERGY 210371100 9 250 SH SOLE 250 0 0
CORNING INC COM 219350105 1586 87450 SH SOLE 87450 0 0
CORPORATE BACKED TR CTFS 04-7 A1 6.3%34 21988K834 24 1000 SH SOLE 1000 0 0
CORPORATE BACKED TR CTFS 04-4 CL A-1 6% 21988K875 23 1000 SH SOLE 1000 0 0
CROCS INC 227046109 4 150 SH SOLE 150 0 0
DANAHER CORP DEL COM 235851102 37 700 SH SOLE 700 0 0
DELL INC COM 24702R101 62 3712 SH SOLE 3712 0 0
WALT DISNEY COMPANY HOLDING CO. 254687106 931 23860 SH SOLE 23860 0 0
DISCOVER FINANCIAL SERVICES 254709108 4 150 SH SOLE 150 0 0
DIRECTV COM CL A 25490A101 1265 24900 SH SOLE 24900 0 0
DOMINION RES INC VA NEW COM 25746U109 710 14717 SH SOLE 14717 0 0
DOMINION RES INC VA NEW COM 25746U109 10 200 SH DEFINED 200 0 0
DOW CHEM CO COM 260543103 373 10350 SH SOLE 10350 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 809 14964 SH SOLE 14964 0 0
DUKE ENERGY CORP NEW COM 26441C105 2 100 SH SOLE 100 0 0
EMC CORPORATION 268648102 649 23568 SH SOLE 23568 0 0
EOG RES INC COM 26875P101 10 100 SH SOLE 100 0 0
ETFS PRECIOUS METALS BASKET PHYS PM BSKT 26922W109 19 200 SH DEFINED 200 0 0
EASTMAN KODAK CO COM 277461109 1 160 SH SOLE 160 0 0
EATON CORP COM 278058102 906 17600 SH SOLE 17600 0 0
EATON CORP COM 278058102 10 200 SH DEFINED 200 0 0
E-BAY INC 278642103 6 200 SH SOLE 200 0 0
ECOLAB INC 278865100 6 99 SH SOLE 99 0 0
EL PASO PIPELINE PARTNERS L COM UNIT LPI 283702108 10 300 SH DEFINED 300 0 0
ELECTRONIC ARTS INC COM 285512109 2 100 SH SOLE 100 0 0
EMERSON ELEC CO COM 291011104 1125 19996 SH SOLE 19996 0 0
EMERSON ELEC CO COM 291011104 6 100 SH DEFINED 100 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ENCANA CORP COM 292505104 685 22250 SH SOLE 22250 0 0
ENCANA CORP COM 292505104 3 100 SH DEFINED 100 0 0
ENTROPIC COMMUNICATIONS INC COM 29384R105 2 200 SH SOLE 200 0 0
EQUINIX INC COM NEW 29444U502 6 62 SH SOLE 62 0 0
EXELON CORP COM 30161N101 74 1721 SH SOLE 1721 0 0
EXPRESS SCRIPTS INC COM 302182100 19 358 SH SOLE 358 0 0
EXXON MOBIL CORP COM 30231G102 2759 33908 SH SOLE 33908 0 0
FPL GROUP CAP TR I PFD TR 5.875% 30257V207 10 400 SH SOLE 400 0 0
FERRELLGAS PARTNERS L.P. UNIT LTD PART 315293100 9 400 SH DEFINED 400 0 0
FIFTH THIRD BANCORP 316773100 6 500 SH SOLE 500 0 0
FIRST COMWLTH FINL CORP PA COM 319829107 316 55000 SH SOLE 55000 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 853 64622 SH SOLE 64622 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 9 700 SH DEFINED 700 0 0
FIRSTPLUS FINL GROUP INC COM 33763B103 0 115 SH SOLE 115 0 0
FIRSTENERGY CORP COM 337932107 15 331 SH SOLE 331 0 0
FONAR CORP 344437405 0 80 SH SOLE 80 0 0
FORD MOTOR COMPANY COM NEW 345370860 8 600 SH SOLE 600 0 0
FRANKLIN FINL SVCS CORP COM 353525108 489 27506 SH SOLE 27506 0 0
FREEPORT-MCMORAN COPPER & GOCOM 35671D857 15 282 SH SOLE 282 0 0
FRESENIUS MED CARE 358029106 16 209 SH SOLE 209 0 0
FRONTIER COMMUNICATIONS CORPCOM 35906A108 2 308 SH SOLE 308 0 0
GENERAL ELEC CO COM 369604103 275 14600 SH SOLE 14600 0 0
GENERAL ELEC CAP CORP PINES 4.50% 35 369622485 21 800 SH SOLE 800 0 0
GENERAL ELEC CAP CORP NT 5.875%2033 369622493 40 1600 SH SOLE 1600 0 0
GENERAL ELEC CAP CORP PINES 6.625% 369622527 21 800 SH SOLE 800 0 0
GENERAL MLS INC COM 370334104 936 25160 SH SOLE 25160 0 0
GENERAL MLS INC COM 370334104 7 200 SH DEFINED 200 0 0
GLOBAL X FDS FTSE NORDIC REG 37950E101 8 400 SH DEFINED 400 0 0
GLOBAL X FDS FTSE COLUMBIA20 37950E200 11 500 SH DEFINED 500 0 0
GLOBAL X FDS ANDEAN 40 ETF 37950E655 320 21450 SH SOLE 21450 0 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 3 200 SH SOLE 200 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 7 50 SH SOLE 50 0 0
GOOGLE INC CL A 38259P508 864 1707 SH SOLE 1707 0 0
W R GRACE & CO NEW 38388F108 9 200 SH SOLE 200 0 0
HSBC HLDGS PLC ADR A 1/40PF A 404280604 20 800 SH SOLE 800 0 0
HANESBRANDS INC 410345102 1 43 SH SOLE 43 0 0
HANSEN NAT CORP COM 411310105 57 700 SH SOLE 700 0 0
HARSCO CORP COM 415864107 16 500 SH SOLE 500 0 0
HAWKINS INC COM 420261109 330 9100 SH SOLE 9100 0 0
HAWKINS INC COM 420261109 4 100 SH DEFINED 100 0 0
HEALTHSPRING INC COM 42224N101 300 6500 SH SOLE 6500 0 0
HEINZ H J CO COM 423074103 5 100 SH SOLE 100 0 0
HERSHEY FOODS CORP COM 427866108 418 7347 SH SOLE 7347 0 0
HEWLETT PACKARD CO COM 428236103 127 3500 SH SOLE 3500 0 0
HOME DEPOT INC COM 437076102 5 150 SH SOLE 150 0 0
HONEYWELL INTL INC COM 438516106 1608 26985 SH SOLE 26985 0 0
HONEYWELL INTL INC COM 438516106 6 100 SH DEFINED 100 0 0
IMATION CORP COM 45245A107 0 20 SH SOLE 20 0 0
ING GROEP N V PFD 7.05% 456837202 10 400 SH SOLE 400 0 0
ING GROEP N V PERP DBT 6.125 456837509 9 400 SH SOLE 400 0 0
INTEL CORP COM 458140100 1264 57070 SH SOLE 57070 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
INTERNATIONAL BUSINESS MACHSCOM 459200101 978 5700 SH SOLE 5700 0 0
INTERNATIONAL BUSINESS MACHSCOM 459200101 34 200 SH DEFINED 200 0 0
INTUIT COM 461202103 13 250 SH SOLE 250 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 7 200 SH SOLE 200 0 0
ISHARES INC MSCI AUSTRALIA 464286103 565 21700 SH SOLE 21700 0 0
ISHARES INC MSCI THAILAND 464286624 10 150 SH DEFINED 150 0 0
ISHARES INC MSCI SINGAPORE 464286673 616 44900 SH SOLE 44900 0 0
ISHARES MSCI EMERG MKT ETF 464287234 959 20150 SH SOLE 20150 0 0
ISHARES MSCI EAFE INDEX 464287465 764 12700 SH SOLE 12700 0 0
ISHARES TR RUSSELL MIDCAP 464287499 49 447 SH SOLE 447 0 0
I SHARES S & P MIDCAP 400 IX 464287507 78 800 SH SOLE 800 0 0
ISHARES RUSSELL 1000 LARGE CAP VALUE 464287598 137 2000 SH SOLE 2000 0 0
ISHARES RUSSELL 1000 LARGE CAP GROWTH 464287614 250 4100 SH SOLE 4100 0 0
ISHARES TR RUSSELL 2000 464287655 232 2800 SH SOLE 2800 0 0
ISHARES TR S&P SMLCAP 600 464287804 15 200 SH SOLE 200 0 0
ISHARES TR HIGH YLD CORP 464288513 18 200 SH DEFINED 200 0 0
ISHARES TR BARCLYS GOVT CR 464288596 123 1130 SH SOLE 1130 0 0
ISHARES TR ZEALAND INVST 464289123 20 600 SH DEFINED 600 0 0
JP MORGAN CHASE CAP X PFD TR SECS 7% 46623D200 10 400 SH SOLE 400 0 0
JPMORGAN CHASE & CO COM 46625H100 943 23051 SH SOLE 23051 0 0
JOHNSON & JOHNSON COM 478160104 2170 32615 SH SOLE 32615 0 0
JOHNSON & JOHNSON COM 478160104 20 300 SH DEFINED 300 0 0
JOHNSON CTLS INC COM 478366107 177 4257 SH SOLE 4257 0 0
JONES SODA CO COM 48023P106 0 300 SH SOLE 300 0 0
KELLOGG CO COM 487836108 6 100 SH SOLE 100 0 0
KIMCO REALTY CORP COM 49446R109 4 200 SH SOLE 200 0 0
KRAFT FOODS INC CL A 50075N104 1792 50872 SH SOLE 50872 0 0
KRAFT FOODS INC CL A 50075N104 4 100 SH DEFINED 100 0 0
LOCKHEED MARTIN CORP COM 539830109 255 3153 SH SOLE 3153 0 0
LOWES COS INC COM 548661107 30 1300 SH SOLE 1300 0 0
M & T BK CORP COM 55261F104 1341 15242 SH SOLE 15242 0 0
M&T CAPITAL TRUST IV ENH TRUPS 8.5% 55292C203 52 2000 SH SOLE 2000 0 0
MWI VETERINARY SUPPLY INC COM 55402X105 299 3700 SH SOLE 3700 0 0
MAGNETEK INC COM 559424106 1 500 SH SOLE 500 0 0
MANULIFE FINL CORP 56501R106 49 2754 SH SOLE 2754 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 11 200 SH SOLE 200 0 0
MARKET VECTORS ETF TR EGYPT INDX ETF 57060U548 11 700 SH DEFINED 700 0 0
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 917 17050 SH SOLE 17050 0 0
MARKET VECTORS ETF TR INDONESIA ETF 57060U753 10 300 SH DEFINED 300 0 0
MARKWEST ENERGY PARTNERS L PUNIT LTD PARTN 570759100 10 200 SH DEFINED 200 0 0
MCCORMICK & CO INC COM NON VTG 579780206 10 196 SH SOLE 196 0 0
MCDONALDS CORP COM 580135101 24 290 SH SOLE 290 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 9 800 SH DEFINED 800 0 0
MERCK & CO INC NEW COM 58933Y105 14 400 SH SOLE 400 0 0
MERRILL LYNCH PFD CAP TR V TOPRS 7.28% 59021K205 10 400 SH SOLE 400 0 0
MICROSOFT CORP COM 594918104 1705 65580 SH SOLE 65580 0 0
MICROSOFT CORP COM 594918104 8 300 SH DEFINED 300 0 0
MIDDLEBY CORP COM 596278101 734 7800 SH SOLE 7800 0 0
MONACO COACH CORP COM 60886R103 0 180 SH SOLE 180 0 0
MONRO MUFFLER BRAKE INC COM 610236101 1602 42961 SH SOLE 42961 0 0
MOODYS CORP COM 615369105 46 1200 SH SOLE 1200 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
MORGAN STANLEY CAP TR III CAP SECS 6.25% 617460209 10 400 SH SOLE 400 0 0
MOSAIC CO NEW COM 61945C103 270 3993 SH SOLE 3993 0 0
NASDAQ OMX GROUP INC COM 631103108 597 23600 SH SOLE 23600 0 0
NATIONAL PENN BANCSHARES INCCOM 637138108 8 1000 SH SOLE 1000 0 0
NEXTERA ENERGY INC COM 65339F101 66 1152 SH SOLE 1152 0 0
NORDSON CORP COM 655663102 7 129 SH SOLE 129 0 0
NORFOLK SOUTHERN CORP COM 655844108 20 270 SH SOLE 270 0 0
NORTHEAST UTILS COM 664397106 4 102 SH SOLE 102 0 0
NOVELLUS SYS INC COM 670008101 3 90 SH SOLE 90 0 0
NURSECARE HEALTH CTR 670576305 0 50 SH SOLE 50 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 11 173 SH SOLE 173 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 6 84 SH SOLE 84 0 0
O2MICRO INTERNATIONAL LTD SPONS ADR 67107W100 3 400 SH SOLE 400 0 0
OMNICOM GROUP INC 681919106 4 79 SH SOLE 79 0 0
ORACLE CORP COM 68389X105 102 3100 SH SOLE 3100 0 0
ORRSTOWN FINANCIAL SERVICES REINVESTED SHARES 687OFS993 382 14525 SH SOLE 14525 0 0
ORRSTOWN FINL SVCS INC COM 687380105 8992 341919 SH SOLE 341919 0 0
ORRSTOWN FINL SVCS INC COM 687380105 8 315 SH DEFINED 315 0 0
PNC FINANCIAL SERVICES GROUPCOM 693475105 962 16131 SH SOLE 16131 0 0
PPG INDS INC COM 693506107 36 400 SH SOLE 400 0 0
P P & L RES INC COM 69351T106 239 8578 SH SOLE 8578 0 0
PENN NATL GAMING INC COM 707569109 138 3425 SH SOLE 3425 0 0
PEPSICO INC COM 713448108 2570 36497 SH SOLE 36497 0 0
PEPSICO INC COM 713448108 7 100 SH DEFINED 100 0 0
PETROLEUM & RES CORP COM 716549100 45 1513 SH SOLE 1513 0 0
PFIZER INC COM 717081103 187 9098 SH SOLE 9098 0 0
PHILIP MORRIS INTL INC COM 718172109 681 10194 SH SOLE 10194 0 0
PINE BROOK CAPITAL INC CL A 72246F109 11 10908 SH SOLE 10908 0 0
PITNEY BOWES INC COM 724479100 322 14000 SH SOLE 14000 0 0
PLUM CREEK TIMBER CO INC COM 729251108 22 550 SH SOLE 550 0 0
POWERSHARES QQQ TR 73935A104 1352 23700 SH SOLE 23700 0 0
POWERSHARES ETF TRUST FINL PFD PTFL 73935X229 22 1200 SH DEFINED 1200 0 0
POWERSHARES WATER RESOURCE ETF 73935X575 318 16400 SH SOLE 16400 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 452 28050 SH SOLE 28050 0 0
PRECISION CASTPARTS CORP COM 740189105 5 28 SH SOLE 28 0 0
PROCTER & GAMBLE CO COM 742718109 32 500 SH SOLE 500 0 0
PROSHARES TR PSHS SHRT S&P500 74347R503 4 100 SH SOLE 100 0 0
PRUDENTIAL FINL INC COM 744320102 914 14368 SH SOLE 14368 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 139 4268 SH SOLE 4268 0 0
PUBLIC STORAGE PFD 1/1000 C 74460D448 10 400 SH SOLE 400 0 0
QUALCOMM INC COM 747525103 19 343 SH SOLE 343 0 0
RAVEN INDS INC COM 754212108 1313 23567 SH SOLE 23567 0 0
RAYONIER INC COM 754907103 17 265 SH SOLE 265 0 0
RESEARCH IN MOTION LTD COM 760975102 372 12900 SH SOLE 12900 0 0
REYNOLDS AMERICAN INC COM 761713106 4 120 SH SOLE 120 0 0
RITE AID CORP COM 767754104 13 10100 SH SOLE 10100 0 0
ROCKWELL AUTOMATION INC COM 773903109 44 502 SH SOLE 502 0 0
ROCKWELL COLLINS INC COM 774341101 28 458 SH SOLE 458 0 0
SPDR S & P 500 INDEX ETF 78462F103 1743 13209 SH SOLE 13209 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 562 3850 SH SOLE 3850 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 6 40 SH DEFINED 40 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
SPDR S&P OIL & GAS EQUIPMENT& SVCS ETF 78464A748 614 14800 SH SOLE 14800 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 1011 18700 SH SOLE 18700 0 0
SPDR DOW JONES INDL AVRG ETFUT SER 1 78467X109 2876 23225 SH SOLE 23225 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 923 5200 SH SOLE 5200 0 0
SCHLUMBERGER LTD COM 806857108 34 391 SH SOLE 391 0 0
SEALED AIR CORP NEW COM 81211K100 5 214 SH SOLE 214 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 45 600 SH SOLE 600 0 0
SHERWIN WILLIAMS CO COM 824348106 17 200 SH SOLE 200 0 0
SIRIUS XM RADIO INC COM 82967N108 2 1000 SH SOLE 1000 0 0
SKINNY NUTRITIONAL CORP COM 830695102 1 20000 SH SOLE 20000 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 5 200 SH SOLE 200 0 0
SMUCKER J M CO COM NEW 832696405 2 23 SH SOLE 23 0 0
SOCIEDAD QUIMICA MINERA DE CSPON ADR SER B 833635105 524 8100 SH SOLE 8100 0 0
SOUTHERN CO COM 842587107 945 23413 SH SOLE 23413 0 0
SOUTHWEST AIRLS CO COM 844741108 4 333 SH SOLE 333 0 0
SPECTRA ENERGY CORP COM 847560109 1 50 SH SOLE 50 0 0
SPICY PICKLE FRANCHISING COM 84844T100 0 500 SH SOLE 500 0 0
SPRINT NEXTEL GROUP COM FON GROUP 852061100 11 2050 SH SOLE 2050 0 0
STAMPS COM INC COM NEW 852857200 1 100 SH SOLE 100 0 0
STATE STR CORP COM 857477103 0 9 SH SOLE 9 0 0
STRYKER CORP COM 863667101 1 10 SH SOLE 10 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 110 2100 SH SOLE 2100 0 0
SUN LIFE FINL SVCS CDA INC COM 866796105 60 2000 SH SOLE 2000 0 0
SUSQUEHANNA BANCSHARES INC PCOM 869099101 17 2092 SH SOLE 2092 0 0
SYSCO CORP 871829107 9 273 SH SOLE 273 0 0
TJX COS INC NEW COM 872540109 1028 19575 SH SOLE 19475 100 0
TJX COS INC NEW COM 872540109 5 100 SH DEFINED 100 0 0
TARGET CORP COM 87612E106 3 66 SH SOLE 66 0 0
TAYLOR CALVIN B BANKSHARES ICOM 876838103 5 200 SH SOLE 200 0 0
TEVA PHARMACEUTICAL INDUSTRIES LTD 881624209 5 94 SH SOLE 94 0 0
TEXAS INSTRS INC COM 882508104 0 9 SH SOLE 9 0 0
3M CO COM 88579Y101 875 9228 SH SOLE 9228 0 0
TORM A/S SPONSORED ADR 891072100 1 300 SH DEFINED 300 0 0
TOWER BANCORP INC COM 891709107 1801 65752 SH SOLE 65752 0 0
TRUMP HOTELS & CASIN 898168109 0 60 SH SOLE 60 0 0
UNITED PARCEL SERVICE 911312106 10 140 SH SOLE 140 0 0
UNITED TECHNOLOGIES CORP COM 913017109 119 1350 SH SOLE 1350 0 0
UNITEDHEALTH GROUP INC COM 91324P102 745 14440 SH SOLE 14440 0 0
VALE S A ADR 91912E105 927 29000 SH SOLE 29000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 630 24650 SH SOLE 24650 0 0
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 20 249 SH SOLE 249 0 0
VANGUARD TOTAL BOND MARKET ETF 921937835 605 7450 SH SOLE 7450 0 0
VANGUARD HEALTHCARE VIPER ETF 92204A504 1116 17400 SH SOLE 17400 0 0
VANGUARD SM CAP VAL VIPER 922908611 606 8650 SH SOLE 8650 0 0
VERIFONE HLDGS INC COM 92342Y109 878 19800 SH SOLE 19800 0 0
VERIZON COMMUNICATIONS 92343V104 889 23881 SH SOLE 23881 0 0
VERIZON COMMUNICATIONS 92343V104 19 500 SH DEFINED 500 0 0
VISA INC COM CL A 92826C839 1057 12550 SH SOLE 12550 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 944 35347 SH SOLE 35347 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 29 1100 SH DEFINED 1100 0 0
WAL MART STORES INC COM 931142103 166 3120 SH SOLE 3120 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
WALGREEN CO COM 931422109 30 700 SH SOLE 700 0 0
WEBSTER FINL CORP CONN COM 947890109 3 142 SH SOLE 142 0 0
WELLS FARGO & CO NEW COM 949746101 37 1309 SH SOLE 1309 0 0
WINDSTREAM CORP COM 97381W104 3 257 SH SOLE 257 0 0
WINDSTREAM CORP COM 97381W104 10 800 SH DEFINED 800 0 0
XCL LTD DEL COM 983701103 0 66 SH SOLE 66 0 0
XCEL ENERGY INC COM 98389B100 34 1400 SH SOLE 1400 0 0
XILINX INC COM 983919101 205 5625 SH SOLE 5625 0 0
YRC WORLDWIDE INC COM NEW 984249300 0 160 SH SOLE 160 0 0
YUM BRANDS INC COM 988498101 616 11150 SH SOLE 11150 0 0
ZHONGPIN INC COM 98952K107 30 2900 SH SOLE 2900 0 0
ZIMMER HLDGS INC COM 98956P102 42 664 SH SOLE 664 0 0
ZIONS BANCORP 989701107 2 100 SH SOLE 100 0 0
ZIONS CAP TR B CAP SECS % 989703202 8 300 SH SOLE 300 0 0
GRAND TOTALS 99963 2586646 2586346 300 0