<TABLE>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ADOBE SYSTEMS INC (DELAWA COM 00724f101 6424 56602 SH SOLE 5500 51102
AEROCENTURY CORP COM 007723711 1379 197000 SH SOLE 4000 193000
AES CORP COM 00130h105 1431 24250 SH SOLE 24250
AMER EXPRESS CO COM 025816109 3672 27201 SH SOLE 2125 25076
AMER WATER WORKS CO COM 030411102 1293 44690 SH SOLE 44690
AMGEN INC COM 031162100 1627 19965 SH SOLE 800 19165
APHTON CORP COM 03759p101 1838 138700 SH SOLE 4500 134200
APPLIED MATERIALS INC COM 038222105 1013 13040 SH SOLE 2500 10540
AT&T CORP COM 001957109 856 19681 SH SOLE 3490 16191
BANK OF AMER CORP COM 060505104 450 8077 SH SOLE 8077
BANK OF N Y CO INC COM 064057102 296 8844 SH SOLE 8844
BANK OF THE OZARKS INC COM 063904106 777 46040 SH SOLE 5400 40640
BAY BANCSHARES INC TEX COM 07203n109 752 43000 SH SOLE 4400 38600
BEI TECHNOLOGIES INC COM 507 41800 SH SOLE 1000 40800
BERKSHIRE HATHAWAY INC CL COM 084670108 935 17 SH SOLE 3 14
BERKSHIRE HATHAWAY INC CL COM 084670207 3183 1715 SH SOLE 107 1608
BOEING COMPANY COM 097023105 2001 46950 SH SOLE 1900 45050
BRISTOL MYERS SQUIBB CO COM 110122108 2456 36384 SH SOLE 36384
CALIFORNIA CENTER BANK LA CA COM 13007A103 510 26996 SH SOLE 1379 25617
CENTL COAST BANCORP COM 153145107 319 15000 SH SOLE 15000
CHATEAU COMMUNITIES INC COM 161726104 3906 150223 SH SOLE 600 5225 144398
CHEVRON CORP COM 166751107 345 3890 SH SOLE 3890
CISCO SYS INC COM 17275r102 349 5088 SH SOLE 5088
CITIGROUP INC COM 172967101 956 21723 SH SOLE 21723
CIVIC BANCORP CAL COM 178788105 191 14000 SH SOLE 14000
CLOROX CO COM 189054109 306 8000 SH SOLE 8000
COLLECTING BANK NA CL A HOUST COM 193905106 0 12708 SH SOLE 12708
COMERICA INC COM 200340107 218 4316 SH SOLE 4316
COMPUTER ASSOC INTL INC COM 204912109 309 5062 SH SOLE 5062
CRAIG CORP COM 224174102 768 115925 SH SOLE 5500 110425
DESERT COMMUNITY BK CAL COM 25037Y109 799 32295 SH SOLE 1600 30695
ECHOSTAR COMMUNICATION COCL A COM 278762109 792 8725 SH SOLE 8725
EMC CORP MASS COM 268648102 807 11300 SH SOLE 11300
EMERSON ELECTRIC CO COM 291011104 388 6146 SH SOLE 6146
EQUITY RESIDENTIAL PPTYS SBI COM 29476l107 261 6150 SH SOLE 6150
ESSEX PROPERTY TRUST INC COM 297178105 4431 126834 SH SOLE 6900 119934
EXXON CORP COM 302290101 1718 22602 SH SOLE 3200 19402
FIRST INDUSTRIAL REALTY TRUST COM 32054k103 749 30250 SH SOLE 1000 29250
FIRST YEARS INC COM 337610109 862 84060 SH SOLE 17000 67060
GENL ELECTRIC CO COM 369604103 1349 11376 SH SOLE 11376
GILLETTE COMPANY COM 375766102 274 8075 SH SOLE 8075
GOOD GUYS INC COM 382091106 73 11500 SH SOLE 11500
GREATER BAY BANCORP COM 391648102 648 19142 SH SOLE 19142
GTE CORPORATION COM 362320103 917 11932 SH SOLE 11932
HAMILTON BANCORP INC FLA COM 407013101 5542 260785 SH SOLE 11300 249485
HANMI BANK LOS ANGELES CA COM 410493100 2137 128528 SH SOLE 11917 116611
HEALTHCARE REALY TR INC COM 421946104 242 12900 SH SOLE 900 12000
HERSHEY FOODS CORP COM 427866108 321 6600 SH SOLE 600 6000
HEWLETT PACKARD CO COM 428236103 919 10124 SH SOLE 10124
HOME DEPOT INC COM 437076102 226 3300 SH SOLE 3300
HOST MARRIOTT CORP (REIT) COM 44107p104 7009 737756 SH SOLE 900 13700 723156
HRPT PROPERTIES TRUST SBI COM 40426w101 8687 772197 SH SOLE 1600 26050 744547
HUMAN PHEROMONE SCIENCIES COM 296022106 19 11664 SH SOLE 11664
INTEL CORP COM 458140100 2235 30080 SH SOLE 30080
INTL BUSINESS MACH COM 459200101 847 6998 SH SOLE 1204 5794
INTL SPEEDWAY CORP CL B COM 460335300 209 4000 SH SOLE 4000
JOHNSON & JOHNSON COM COM 478160104 372 4050 SH SOLE 4050
KIMBERLY CLARK CORP COM 494368103 340 6450 SH SOLE 6450
LILLY ELI & CO COM 532457108 856 13336 SH SOLE 3200 10136
LOEWEN GROUP INC COM 54042l100 6 10000 SH SOLE 10000
LORAL SPACE & COMMUNICATILTD COM g56462107 2951 171700 SH SOLE 5600 166100
LUCENT TECHNOLOGIES INC COM 549463107 432 6664 SH SOLE 6664
MARRIOTT INTL INC NEW CL COM 571903202 1391 42550 SH SOLE 800 41750
MARSHALL INDUSTRIES COM 571834100 1958 53650 SH SOLE 4250 49400
MCDONALDS CORP COM 580135101 415 9600 SH SOLE 9600
MCI WORLDCOM INC COM 55268b106 3460 48146 SH SOLE 1760 46386
MEDTRONIC INC COM 585055106 356 10000 SH SOLE 10000
MELLON BANK CORP COM 58551a108 363 10800 SH SOLE 10800
MERCK & CO COM 589331107 718 11081 SH SOLE 200 10881
MERCURY GENL CORP NEW COM 589400100 1039 37700 SH SOLE 6000 31700
MICROSOFT CORP COM 594918104 2920 32245 SH SOLE 32245
MID STATE BANCSHARES COM 506 16524 SH SOLE 16524
MINNESOTA MNG MFG COM 604059105 225 2346 SH SOLE 114 2232
MOBIL CORP COM 607059102 406 4032 SH SOLE 4032
MODESTO COMM BANK OF CALI COM 10.00 250 25000 SH SOLE 10000 15000
MOTOROLA INC COM 620076109 279 3173 SH SOLE 3173
NATL SEMICONDUCTOR CORP COM 637640103 489 16000 SH SOLE 16000
NEWPORT CORP COM 651824104 3676 221100 SH SOLE 2000 219100
NEXTEL COMMUNICATIONS INC C COM 65332v103 6139 90525 SH SOLE 1500 89025
NEXTLINK COMMUNICATIONS C COM 65333h707 456 8800 SH SOLE 8800
NTL INC COM 629407107 12365 128675 SH SOLE 1866 126809
OAK INDUSTRIES INC NEW COM 671400505 4942 145350 SH SOLE 3300 142050
OPTICAL COATING LAB COM 683829105 6861 74525 SH SOLE 300 74225
ORACLE CORP COM 68389x105 506 11124 SH SOLE 11124
PAC BK NATL ASSN SAN F COM 694026204 406 16250 SH SOLE 16250
PACIFIC CAPITAL BANCORP COM 69404p101 806 23400 SH SOLE 6000 17400
PERICOM SEMICONDUCTOR COR COM 713831105 3941 264925 SH SOLE 7500 257425
PFIZER INC COM 717081103 394 10990 SH SOLE 10990
PIONEER STAND ELECTRONCS COM 723877106 471 32600 SH SOLE 32600
PLANTRONICS INC NEW COM 727493108 587 11800 SH SOLE 11800
PROCTER & GAMBLE CO COM 742718109 1631 17400 SH SOLE 17400
PROSPERITY BANCSHARES INC COM 743606105 2235 148350 SH SOLE 9000 139350
QRS MUSIC TECHNOLOGIES IN COM 74726W107 73 44700 SH SOLE 44700
QWEST COMMUNICATIONS INTL COM 749121109 205 6946 SH SOLE 1880 5066
READING ENTERTAINMENT INC COM 755358108 137 22100 SH SOLE 4400 17700
RESTRICTED DIGIRAY CORP C COM 253990345 0 23475 SH SOLE 23475
ROYAL DUTCH PETROLEUM CO 1.25 COM 780257804 360 6100 SH SOLE 6100
SAFEWAY INC COM 786514208 491 12900 SH SOLE 12900
SAN JUAN BASIN ROYALTY TR UB COM 798241105 280 31500 SH SOLE 31500
SBC COMMUNICATIONS INC COM 78387g103 300 5876 SH SOLE 600 5276
SHURGARD STORAGE CENTERS CL A COM 82567d104 3967 160300 SH SOLE 600 5000 154700
SJNB FINANCIAL CORP COM 784273104 3554 113719 SH SOLE 5885 107834
SOLPOWER CORP COM 19 17000 SH SOLE 17000
SPEEDFAM-IPEC INC COM 847705100 180 15000 SH SOLE 15000
SPIEKER PROPERTIES INC SB COM 848497103 1526 44000 SH SOLE 2400 41600
STERLING BANCSHARES INC T COM 858907108 2061 180157 SH SOLE 6750 173407
SUMMIT BANCORP COM 866005101 275 8464 SH SOLE 8464
SUMMIT BANCSHARES INC FT WO COM 866011109 2126 117300 SH SOLE 300 117000
SUN MICROSYSTEMS INC COM 866810104 5292 56900 SH SOLE 9600 47300
SUPERIOR NATL INS GROUP IDEL COM 868224106 191 13600 SH SOLE 13600
SURETY CAPITAL CORP-NEW COM 868666207 457 486780 SH SOLE 4400 482380
TANDY CORP COM 875382103 279 5400 SH SOLE 5400
TEXAS INSTRUMENTS COM 882508104 1020 12400 SH SOLE 12400
TEXAS REGIONAL BANCSHRS CL A COM 882673106 3535 142817 SH SOLE 13500 129317
TIME WARNER INC COM 887315109 207 3400 SH SOLE 2400 1000
TRICO BANCSHARES SAN FRAN COM 896095106 217 11813 SH SOLE 11813
UCBH HOLDINGS INC NEW COM 759 41600 SH SOLE 6000 35600
UNTD INTL HLDGS INC CL A COM 913247508 14017 195700 SH SOLE 3500 192200
US BANCORP DEL COM 902973106 732 24255 SH SOLE 24255
WACHOVIA CORP NEW COM 929771103 307 3900 SH SOLE 3900
WALT DISNEY CO (HOLDING C COM 254687106 774 29764 SH SOLE 1560 28204
WARRANTS BRYAN COLLEGE STEXC P COM 116902115 0 16740 SH SOLE 16740
WATKINS JOHNSON CO COM 942486101 656 19535 SH SOLE 2000 17535
WELLS FARGO & CO NEW COM 949746101 882 22252 SH SOLE 22252
WESTAMERICA BANCORP COM 957090103 425 14035 SH SOLE 3935 10100
WESTWOOD ONE INC COM 961815107 1819 40300 SH SOLE 40300
WEYERHAEUSER CO COM 962166104 202 3500 SH SOLE 3500
WILLIAMS COS INC (DEL) COM 969457100 334 8877 SH SOLE 8877
WILLIS LEASE FIN CORP COM 970646105 4019 304760 SH SOLE 13600 291160
WILSHIRE ST BK LOS ANG CA COM 698 73440 SH SOLE 2000 71440
WING HANG BANK LTD COM 1535 500000 SH SOLE 500000
ABN AMRO CAPITAL FUNDING I 7 1 PRD 00371q202 326 14200 SH SOLE 1700 12500
ALABAMA POWER CO SER A 7.PFD S PRD 010392645 336 15100 SH SOLE 400 14700
CRAIG CORP CL A PREFERRED PRD 224174201 748 115075 SH SOLE 8000 107075
DUKE ENERGY CAP TR I (QUICUML PRD 264396201 391 17000 SH SOLE 1000 16000
ECHOSTAR COMMUNICATIONS PREFE PRD 278762307 10651 27460 SH SOLE 400 700 26360
GBB CAPITAL I TRUST SECS PREFE PRD 1330 53450 SH SOLE 800 52650
MERRILL LYNCH PFD CAPITALORIG PRD 59021f206 323 14500 SH SOLE 14500
SVB CAP I TR SECS SER I PREFE PRD 984868208 1428 64200 SH SOLE 1500 62700
FIRST AUSTRALIA PRIME INCOM 318653102 138 22528.000SH SOLE 22528.000
SOURCE CAPITAL INC 836144105 340 6957.000 SH SOLE 6957.000
TEMPLETON FOREI 880196209 115 11181.876SH SOLE 11181.876
BP AMOCO PLC SPON ADR 055622104 451 4071 SH SOLE 4071
TELEWEST COMMUNICATIONS PADR 1623 44461 SH SOLE 700 43761
VODAFONE AIRTOUCH PLC UNTKINGD 92857t107 406 1709 SH SOLE 1709
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