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
AFFILIATED MANAGERS GROUP INC COM 8252108 711 3,550 SH   SOLE   3,550 0 0
ALPHA NATURAL RESOURCES, INC. COM 02076X102 144 57,900 SH   SOLE   4,067 0 53,833
AMERICAN EXPRESS CO COM 25816109 744 8,500 SH   SOLE   8,500 0 0
AMERICAN INTERNATIONAL GROUP COM 26874784 20,105 372,176 SH   SOLE   371,051 0 1,125
AMERICAN INTERNATIONAL GROUP COM 26874784 394 7,300 SH   OTR   2,675 4,625 0
AMGEN INC COM 31162100 255 1,815 SH   SOLE   1,815 0 0
ANNALY CAPITAL MANAGEMENT REIT COM 35710409 310 29,000 SH   SOLE   29,000 0 0
APACHE CORP COM 37411105 16,282 173,451 SH   SOLE   173,051 0 400
APACHE CORP COM 37411105 281 2,990 SH   OTR   1,135 1,855 0
APPLE INC COM 37833100 13,626 135,243 SH   SOLE   117,993 0 17,250
APPLE INC COM 37833100 208 2,060 SH   OTR   645 1,415 0
ASHLAND INC COM 44209104 1,213 11,650 SH   SOLE   11,650 0 0
AT & T INC COM 00206R102 17,306 491,091 SH   SOLE   489,691 0 1,400
AT & T INC COM 00206R102 308 8,750 SH   OTR   3,500 5,250 0
BANK AMER CORP COM 60505104 1,100 64,500 SH   SOLE   64,500 0 0
BB & T CORP COM 54937107 527 14,175 SH   SOLE   0 0 14,175
BERKSHIRE HATHAWAY INC CLASS A COM 84670108 1,448 7 SH   SOLE   7 0 0
BERKSHIRE HATHAWAY INC-CL B COM 84670702 6,668 48,270 SH   SOLE   48,270 0 0
BIOGEN IDEC INC COM 09062X103 472 1,426 SH   SOLE   1,426 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 492 9,610 SH   SOLE   9,610 0 0
BROWN FORMAN CORP CL A COM 115637100 144 1,610 SH   SOLE   1,610 0 0
BROWN FORMAN CORP CL A COM 115637100 281 3,150 SH   OTR   0 3,150 0
CATERPILLAR INC COM 149123101 802 8,100 SH   SOLE   8,100 0 0
CHEVRON CORPORATION COM 166764100 1,665 13,957 SH   SOLE   13,957 0 0
CHEVRON CORPORATION COM 166764100 9 75 SH   OTR   75 0 0
CITIGROUP INC COM 172967424 21,221 409,512 SH   SOLE   408,297 0 1,215
CITIGROUP INC COM 172967424 403 7,780 SH   OTR   2,850 4,930 0
CITY NATIONAL CORP COM 178566105 643 8,500 SH   SOLE   8,500 0 0
CLOROX COMPANY COM 189054109 960 10,000 SH   SOLE   10,000 0 0
COCA COLA CO COM 191216100 17,563 411,705 SH   SOLE   410,305 0 1,400
COCA COLA CO COM 191216100 99 2,310 SH   OTR   2,310 0 0
COLGATE PALMOLIVE COM 194162103 372 5,700 SH   SOLE   5,700 0 0
COMMUNITY TRUST BANCORP INC COM 204149108 57,613 1,713,142 SH   SOLE   1,277,460 0 435,682
COMMUNITY TRUST BANCORP INC COM 204149108 3,125 92,925 SH   OTR   0 0 92,925
CONOCOPHILLIPS COM 20825C104 908 11,863 SH   SOLE   11,863 0 0
CONOCOPHILLIPS COM 20825C104 27 351 SH   OTR   351 0 0
CORNING INC COM COM 219350105 1,242 64,225 SH   SOLE   64,225 0 0
DANAHER CORP COM 235851102 296 3,900 SH   SOLE   3,900 0 0
DICKS SPORTING GOODS INC COM 253393102 11,335 258,320 SH   SOLE   257,610 0 710
DICKS SPORTING GOODS INC COM 253393102 197 4,500 SH   OTR   1,485 3,015 0
DOW CHEM COMPANY COM 260543103 773 14,750 SH   SOLE   14,750 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 269 3,745 SH   SOLE   3,745 0 0
EMERSON ELECTRIC COM 291011104 964 15,400 SH   SOLE   15,400 0 0
ENERGY TRANSFER PARTNERS LP COM 29273R109 205 3,200 SH   SOLE   3,200 0 0
ENTERPRISE PRODS PARTNERS LP COM 293792107 435 10,800 SH   SOLE   10,800 0 0
EXXON MOBIL CORP COM 30231G102 17,808 189,344 SH   SOLE   188,744 0 600
EXXON MOBIL CORP COM 30231G102 332 3,528 SH   OTR   1,540 1,988 0
FASTENAL CO COM 311900104 660 14,700 SH   SOLE   14,700 0 0
FEDEX CORPORATION COM 31428X106 1,362 8,434 SH   SOLE   8,434 0 0
FEDEX CORPORATION COM 31428X106 32 200 SH   OTR   200 0 0
FIRST CTZNS BANCSHARES INC CL COM 31946M103 1,944 8,975 SH   SOLE   8,975 0 0
FIRST CTZNS BANCSHARES INC CL COM 31946M103 108 500 SH   OTR   0 500 0
FIRST SECURITY GROUP INC COM 336312202 2,833 1,430,774 SH   SOLE   1,424,484 0 6,290
FIRST SECURITY GROUP INC COM 336312202 57 28,566 SH   OTR   8,180 20,386 0
FISERV INC COM 337738108 837 12,950 SH   SOLE   12,950 0 0
FMC CORP COM 302491303 11,171 195,328 SH   SOLE   194,783 0 545
FMC CORP COM 302491303 196 3,420 SH   OTR   1,155 2,265 0
FORD MOTOR CO DEL COM 345370860 907 61,300 SH   SOLE   60,300 0 1,000
GAMCO INVESTORS INC CL A COM 361438104 690 9,750 SH   SOLE   9,750 0 0
GENERAL ELECTRIC CORP COM 369604103 19,839 774,353 SH   SOLE   770,503 0 3,850
GENERAL ELECTRIC CORP COM 369604103 378 14,750 SH   OTR   5,950 8,800 0
GENERAL MOTORS CO COM 37045V100 17,875 559,638 SH   SOLE   558,088 0 1,550
GENERAL MOTORS CO COM 37045V100 333 10,440 SH   OTR   3,825 6,615 0
GOLDMAN SACHS GROUP INC COM 38141G104 633 3,450 SH   SOLE   3,450 0 0
GOOGLE INC CL A COM 38259P508 1,361 2,313 SH   SOLE   2,313 0 0
GOOGLE INC CL A COM 38259P508 5 8 SH   OTR   8 0 0
GOOGLE INC CLASS C COM 38259P706 1,316 2,279 SH   SOLE   2,279 0 0
GOOGLE INC CLASS C COM 38259P706 5 8 SH   OTR   8 0 0
HALLIBURTON CO COM 406216101 941 14,592 SH   SOLE   14,592 0 0
HOME DEPOT INC COM 437076102 240 2,615 SH   SOLE   2,615 0 0
HOME DEPOT INC COM 437076102 44 475 SH   OTR   475 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 642 3,380 SH   SOLE   2,990 0 390
INTERNATIONAL BUSINESS MACHINE COM 459200101 14 72 SH   OTR   0 0 72
JOHNSON & JOHNSON COM 478160104 27,702 259,892 SH   SOLE   259,192 0 700
JOHNSON & JOHNSON COM 478160104 391 3,665 SH   OTR   1,365 2,300 0
JP MORGAN CHASE & CO COM 46625H100 23,631 392,285 SH   SOLE   327,485 0 64,800
JP MORGAN CHASE & CO COM 46625H100 430 7,145 SH   OTR   2,400 4,745 0
KIMBERLY-CLARK CORP COM 494368103 1,076 10,000 SH   SOLE   10,000 0 0
KINDER MORGAN ENERGY PARTNERS COM 494550106 373 4,000 SH   SOLE   4,000 0 0
KRAFT FOODS GROUP INC COM 50076Q106 1,232 21,849 SH   SOLE   21,849 0 0
LAS VEGAS SANDS CORP COM 517834107 249 4,000 SH   SOLE   4,000 0 0
LAUDER ESTEE COS CL-A COM 518439104 366 4,900 SH   SOLE   4,900 0 0
LEAR CORP COM 521865204 543 6,279 SH   SOLE   6,279 0 0
LEAR CORP COM 521865204 28 325 SH   OTR   325 0 0
LEUCADIA NATIONAL CORP COM 527288104 524 22,000 SH   SOLE   22,000 0 0
MARKEL CORPORATION COM 570535104 11,781 18,520 SH   SOLE   18,470 0 50
MARKEL CORPORATION COM 570535104 174 273 SH   OTR   123 150 0
MEDTRONIC INC COM 585055106 14,160 228,567 SH   SOLE   228,217 0 350
MEDTRONIC INC COM 585055106 311 5,025 SH   OTR   1,675 3,350 0
MICROSOFT CORP COM 594918104 19,851 428,185 SH   SOLE   426,760 0 1,425
MICROSOFT CORP COM 594918104 353 7,625 SH   OTR   2,575 5,050 0
MONDELEZ INTERNATIONAL INC COM 609207105 2,056 60,000 SH   SOLE   60,000 0 0
NATURAL RESOURCE PARTNERS LP COM 63900P103 210 16,069 SH   SOLE   14,390 0 1,679
NETAPP INC COM 64110D104 13,341 310,555 SH   SOLE   309,785 0 770
NETAPP INC COM 64110D104 213 4,960 SH   OTR   1,900 3,060 0
NIKE INC-CLASS B COM 654106103 691 7,750 SH   SOLE   7,750 0 0
OMNICOM GROUP COM 681919106 692 10,050 SH   SOLE   10,050 0 0
PEPSICO INC COM 713448108 11,022 118,398 SH   SOLE   117,948 0 450
PEPSICO INC COM 713448108 267 2,872 SH   OTR   800 2,072 0
PFIZER INC COM 717081103 2,277 76,992 SH   SOLE   76,992 0 0
PLUM CREEK TIMBER CO INC COM COM 729251108 235 6,022 SH   SOLE   0 0 6,022
POAGE BANKSHARES INC COM 730206109 199 13,250 SH   SOLE   13,250 0 0
PRECISION CASTPARTS CORP COM 740189105 563 2,375 SH   SOLE   2,375 0 0
PROCTER & GAMBLE COMPANY COM 742718109 19,230 229,641 SH   SOLE   228,941 0 700
PROCTER & GAMBLE COMPANY COM 742718109 346 4,135 SH   OTR   1,950 2,185 0
PVH CORP COM 693656100 11,627 95,970 SH   SOLE   95,700 0 270
PVH CORP COM 693656100 204 1,685 SH   OTR   560 1,125 0
REGIONS FINANCIAL CORP COM 7591EP100 305 30,402 SH   SOLE   30,402 0 0
SCHLUMBERGER LTD COM 806857108 585 5,750 SH   SOLE   5,750 0 0
SILVERCREST ASSET MANAGEMENT G COM 828359109 5,270 386,906 SH   SOLE   385,406 0 1,500
SILVERCREST ASSET MANAGEMENT G COM 828359109 142 10,425 SH   OTR   2,725 7,700 0
SPECTRA ENERGY CORP WI COM 847560109 1,570 40,000 SH   SOLE   40,000 0 0
STRYKER CORP COM 863667101 987 12,225 SH   SOLE   12,225 0 0
TARGET CORP COM 87612E106 11,948 190,625 SH   SOLE   190,095 0 530
TARGET CORP COM 87612E106 211 3,370 SH   OTR   995 2,375 0
TIFFANY & CO COM 886547108 506 5,250 SH   SOLE   5,250 0 0
UNITED PARCEL SVC INC CL B COM 911312106 5,972 60,754 SH   SOLE   60,354 0 400
UNITED PARCEL SVC INC CL B COM 911312106 49 500 SH   OTR   500 0 0
UNITED TECHNOLOGIES CORP COM 913017109 810 7,675 SH   SOLE   7,675 0 0
UNITED TECHNOLOGIES CORP COM 913017109 13 125 SH   OTR   125 0 0
UNITEDHEALTH GROUP INC COM COM 91324P102 16,827 195,099 SH   SOLE   194,504 0 595
UNITEDHEALTH GROUP INC COM COM 91324P102 335 3,880 SH   OTR   1,390 2,490 0
US BANCORP NEW COM 902973304 224 5,360 SH   SOLE   3,800 0 1,560
VERIZON COMMUNICATIONS COM 92343V104 1,045 20,899 SH   SOLE   20,899 0 0
VISA INC COM 92826C839 607 2,847 SH   SOLE   2,747 0 100
VISA INC COM 92826C839 27 125 SH   OTR   125 0 0
WALGREEN COMPANY COM COM 931422109 1,244 20,983 SH   SOLE   20,983 0 0
WALGREEN COMPANY COM COM 931422109 33 550 SH   OTR   550 0 0
WALMART STORES INC COM 931142103 1,207 15,785 SH   SOLE   15,785 0 0
WALMART STORES INC COM 931142103 19 250 SH   OTR   250 0 0
WELLPOINT INC COM 94973V107 278 2,328 SH   SOLE   2,328 0 0
WELLS FARGO & CO COM 949746101 15,735 303,346 SH   SOLE   298,067 0 5,279
WELLS FARGO & CO COM 949746101 293 5,645 SH   OTR   2,900 2,745 0
WHOLE FOODS MKT INC COM 966837106 495 13,000 SH   SOLE   13,000 0 0
WYNN RESORTS LTD COM 983134107 608 3,250 SH   SOLE   3,250 0 0
YUM! BRANDS INC COM 988498101 466 6,480 SH   SOLE   6,480 0 0
BP PLC SPONS ADR COM 55622104 340 7,735 SH   SOLE   6,384 0 1,351
BROOKFIELD ASSET MANAGE-CL A COM 112585104 472 10,500 SH   SOLE   10,500 0 0
ENERGY XXI BERMUDA COM G10082140 5,650 497,785 SH   SOLE   496,390 0 1,395
ENERGY XXI BERMUDA COM G10082140 100 8,810 SH   OTR   2,790 6,020 0
ENSTAR GROUP LTD COM G3075P101 613 4,500 SH   SOLE   4,500 0 0
KONINKLIJKE PHILIPS NV-ADR COM 500472303 18,260 575,858 SH   SOLE   574,208 0 1,650
KONINKLIJKE PHILIPS NV-ADR COM 500472303 350 11,030 SH   OTR   4,125 6,905 0
LLOYDS BANKING GROUP PLC-SPONS COM 539439109 58 11,412 SH   SOLE   0 0 11,412
NOVARTIS AG SPONSORED ADR COM 66987V109 14,321 152,143 SH   SOLE   151,223 0 920
NOVARTIS AG SPONSORED ADR COM 66987V109 267 2,840 SH   OTR   1,075 1,765 0
NXP SEMICONDUCTORS COM N6596X109 6,526 95,370 SH   SOLE   95,130 0 240
NXP SEMICONDUCTORS COM N6596X109 96 1,405 SH   OTR   450 955 0
POTASH CORP SASK INC COM 73755L107 11,194 323,890 SH   SOLE   323,025 0 865
POTASH CORP SASK INC COM 73755L107 209 6,060 SH   OTR   2,425 3,635 0
RIO TINTO PLC SPONS ADR COM 767204100 680 13,830 SH   SOLE   13,830 0 0
ROYAL DUTCH-ADR A COM 780259206 14,326 188,182 SH   SOLE   187,657 0 525
ROYAL DUTCH-ADR A COM 780259206 247 3,250 SH   OTR   1,455 1,795 0
SANOFI SPONS ADR COM 80105N105 17,594 311,789 SH   SOLE   309,328 0 2,461
SANOFI SPONS ADR COM 80105N105 356 6,305 SH   OTR   2,265 4,040 0
TEVA PHARMACEUTICAL INDS LTD A COM 881624209 1,512 28,135 SH   SOLE   26,675 0 1,460
TOTAL S.A. SPONS ADR COM 89151E109 16,239 251,965 SH   SOLE   250,231 0 1,734
TOTAL S.A. SPONS ADR COM 89151E109 303 4,700 SH   OTR   1,735 2,965 0
TRONOX LTD COM Q9235V101 7,680 294,817 SH   SOLE   294,017 0 800
TRONOX LTD COM Q9235V101 146 5,605 SH   OTR   2,250 3,355 0
UNILEVER N V -NY SHARES COM 904784709 17,219 433,956 SH   SOLE   432,556 0 1,400
UNILEVER N V -NY SHARES COM 904784709 330 8,315 SH   OTR   3,150 5,165 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 3,292 25,095 SH   SOLE   25,095 0 0
DOUGLAS EMMETT INC REIT OTR 25960P109 411 16,000 SH   SOLE   0 0 0
GAMING AND LEISURE PROPERTIES OTR 36467J108 296 9,565 SH   SOLE   0 0 0
VORNADO REALTY TRUST REIT OTR 929042109 520 5,200 SH   SOLE   0 0 0
ISHA MSCI EMERG MKT MIN VOL ET OTR 464286533 11,510 192,468 SH   SOLE   0 0 0
ISHA MSCI EMERG MKT MIN VOL ET OTR 464286533 249 4,156 SH   OTR   0 0 0
SPDR DJIA TRUST OTR 78467X109 663 3,900 SH   SOLE   0 0 0
WISDOMTREE EMERGING MKTS S/C D OTR 97717W281 11,868 256,766 SH   SOLE   0 0 0
WISDOMTREE EMERGING MKTS S/C D OTR 97717W281 249 5,377 SH   OTR   0 0 0