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
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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 Company COM 88579Y101 2,465 15,002 SH   SOLE   15,002 0 0
AT&T Corp COM 00206r102 1,656 49,296 SH   SOLE   49,296 0 0
ATP Oil & Gas Corp COM 00208J108 0 12,700 SH   SOLE   12,700 0 0
AbbVie Inc COM 00287y109 1,024 15,645 SH   SOLE   15,645 0 0
Abbott Labs COM 002824100 359 7,976 SH   SOLE   7,976 0 0
Alibaba Group Hldg LTD COM 01609w102 655 6,300 SH   SOLE   6,300 0 0
Alimera Sciences, Inc COM 016259103 203 36,650 SH   SOLE   36,650 0 0
AmTrust Financial Services COM 032359309 371 6,596 SH   SOLE   6,596 0 0
Anthem Inc COM 036752103 425 3,380 SH   SOLE   3,380 0 0
Apollo Investment Corp COM 03761u106 171 22,997 SH   SOLE   22,997 0 0
Apple Computer, Inc. COM 037833100 4,530 41,037 SH   SOLE   41,037 0 0
Atrion Corp COM 049904105 340 1,000 SH   SOLE   1,000 0 0
BB&T Corp COM 054937107 999 25,697 SH   SOLE   25,697 0 0
Baxter Intl Inc. COM 071813109 2,035 27,760 SH   SOLE   27,760 0 0
Blackstone Group LP COM 09253U108 281 8,310 SH   SOLE   8,310 0 0
Bristol Myers Squibb COM 110122108 455 7,712 SH   SOLE   7,712 0 0
CBL & Assoc Prop COM 124830100 250 12,876 SH   SOLE   12,876 0 0
CVS Corp COM 126650100 6,991 72,585 SH   SOLE   72,585 0 0
Calypso Wireless COM 131720104 0 21,750 SH   SOLE   21,750 0 0
Canadian Natural Resources Ltd COM 136385101 247 8,000 SH   SOLE   8,000 0 0
CarMax, Inc COM 143130102 534 8,020 SH   SOLE   8,020 0 0
Cardinal Health, Inc. COM 14149Y108 566 7,008 SH   SOLE   7,008 0 0
CareTrust REIT, Inc. COM 14174T107 198 16,068 SH   SOLE   16,068 0 0
Carolina Financial Corp COM 143873107 224 16,000 SH   SOLE   16,000 0 0
Caterpillar COM 149123101 394 4,305 SH   SOLE   4,305 0 0
Celgene Corp COM 151020104 459 4,100 SH   SOLE   4,100 0 0
ChevronTexaco Corporation COM 166764100 1,352 12,049 SH   SOLE   12,049 0 0
Cincinnati Finl COM 172062101 1,598 30,822 SH   SOLE   30,822 0 0
Cisco Systems, Inc. COM 17275R102 2,163 77,768 SH   SOLE   77,768 0 0
Citigroup Inc New COM 172967424 520 9,617 SH   SOLE   9,617 0 0
Clorox Company COM 189054109 988 9,481 SH   SOLE   9,481 0 0
Coca Cola COM 191216100 2,390 56,600 SH   SOLE   56,600 0 0
Coca Cola Enterprise COM 19122t109 354 7,995 SH   SOLE   7,995 0 0
Comcast Corp COM 20030N101 211 3,635 SH   SOLE   3,635 0 0
ConocoPhillips COM 20825C104 1,367 19,794 SH   SOLE   19,794 0 0
Cornerstone Community Bank COM 218924108 120 34,714 SH   SOLE   34,714 0 0
Costco Wholesale Corp COM 22160K105 803 5,663 SH   SOLE   5,663 0 0
Danaher Corp COM 235851102 3,735 43,579 SH   SOLE   43,579 0 0
Darden Restaurants, Inc. COM 237194105 1,201 20,489 SH   SOLE   20,489 0 0
Deere & Co. COM 244199105 433 4,895 SH   SOLE   4,895 0 0
Delta Air Lines Inc New COM 247361702 433 8,800 SH   SOLE   8,800 0 0
Dentsply Intn'l. COM 249030107 3,109 58,362 SH   SOLE   58,362 0 0
Diamond Offshore Drilling, Inc COM 25271c102 438 11,935 SH   SOLE   11,935 0 0
Dollar Tree, Inc COM 256746108 1,814 25,769 SH   SOLE   25,769 0 0
Dover Corp COM 260003108 2,472 34,461 SH   SOLE   34,461 0 0
Dow 30 COM 78467x109 2,318 13,030 SH   SOLE   13,030 0 0
Dow Chem Co COM 260543103 519 11,376 SH   SOLE   11,376 0 0
DuPont COM 263534109 3,115 42,122 SH   SOLE   42,122 0 0
Duke Energy Corp COM 26441C204 348 4,165 SH   SOLE   4,165 0 0
Emerson Electric Co COM 291011104 1,366 22,130 SH   SOLE   22,130 0 0
Enbridge Energy COM 29250R106 303 7,583 SH   SOLE   7,583 0 0
Express Scripts Inc COM 30219G108 337 3,985 SH   SOLE   3,985 0 0
Exxon Mobil Corp COM 30231G102 738 7,981 SH   SOLE   7,981 0 0
Facebook Inc. COM 30303m102 515 6,604 SH   SOLE   6,604 0 0
Fidelity Money Market Portfoli COM 316390814 776 775,805 SH   SOLE   775,805 0 0
First Bancorp NC COM 318910110 743 40,230 SH   SOLE   40,230 0 0
First Financial Northwest COM 32022K102 232 19,307 SH   SOLE   19,307 0 0
Fluor Corp COM 343412102 289 4,770 SH   SOLE   4,770 0 0
Ford Mtr Co COM 345370860 1,150 74,214 SH   SOLE   74,214 0 0
Freeport-McMoRan Copper & Gold COM 35671D857 263 11,266 SH   SOLE   11,266 0 0
General Electric Co COM 369604103 2,434 96,304 SH   SOLE   96,304 0 0
General Motors Corp COM 37045v100 209 5,985 SH   SOLE   5,985 0 0
Gilead Sciences, Inc COM 375558103 529 5,610 SH   SOLE   5,610 0 0
GlaxoSmithKline PLC COM 37733w105 1,383 32,356 SH   SOLE   32,356 0 0
Goldman Sachs Group Inc COM 38141G104 301 1,553 SH   SOLE   1,553 0 0
Google Inc COM 38259P508 200 377 SH   SOLE   377 0 0
Gramercy Property Trust Inc COM 38489r100 184 26,600 SH   SOLE   26,600 0 0
Greenville Nat'l Bank COM 396242109 237 1,500 SH   SOLE   1,500 0 0
Group 1 Automotive, Inc COM 398905109 665 7,425 SH   SOLE   7,425 0 0
Health Care Property COM 40414L109 201 4,571 SH   SOLE   4,571 0 0
Heilig Meyers Co COM 422893107 0 10,562 SH   SOLE   10,562 0 0
Hewlett-Packard Co COM 428236103 830 20,675 SH   SOLE   20,675 0 0
Home Depot, Inc. COM 437076102 3,966 37,786 SH   SOLE   37,786 0 0
Honeywell Intl Inc COM 438516106 1,169 11,703 SH   SOLE   11,703 0 0
I B M COM 459200101 1,632 10,172 SH   SOLE   10,172 0 0
IShr MSCI EAFE COM 464287465 379 6,227 SH   SOLE   6,227 0 0
IShr MSCI Emerg Mkts ETF COM 464287234 760 19,349 SH   SOLE   19,349 0 0
Intel Corp COM 458140100 3,413 94,045 SH   SOLE   94,045 0 0
International Paper COM 460146103 1,158 21,621 SH   SOLE   21,621 0 0
Investors Title Company COM 461804106 485 6,649 SH   SOLE   6,649 0 0
Isle of Capir Casinos Inc COM 464592104 301 36,000 SH   SOLE   36,000 0 0
J.P. Morgan & Co, Inc. COM 46625H100 829 13,247 SH   SOLE   13,247 0 0
JPMorgan MLP Index COM 46625H365 1,221 26,565 SH   SOLE   26,565 0 0
Johnson & Johnson COM 478160104 3,374 32,270 SH   SOLE   32,270 0 0
Johnson Controls Inc. COM 478366107 1,431 29,605 SH   SOLE   29,605 0 0
KeyCorp COM 493267108 197 14,161 SH   SOLE   14,161 0 0
Kimberly Clark Corp COM 494368103 1,355 11,730 SH   SOLE   11,730 0 0
Kinder Morgan Inc. Cl P COM 49456b101 669 15,822 SH   SOLE   15,822 0 0
Knowles Corporation COM 49926d109 278 11,802 SH   SOLE   11,802 0 0
Kraft Foods Group, Inc. COM 50076Q106 1,790 28,564 SH   SOLE   28,564 0 0
L-3 Communications Hldgs Inc COM 502424104 794 6,291 SH   SOLE   6,291 0 0
LeapFrog Enterprises COM 52186N106 72 15,190 SH   SOLE   15,190 0 0
Leggett & Platt, Inc. COM 524660107 1,459 34,250 SH   SOLE   34,250 0 0
MBIA, Inc. COM 55262C100 100 10,470 SH   SOLE   10,470 0 0
Masco Corp COM 574599106 505 20,045 SH   SOLE   20,045 0 0
McDonalds Corp COM 580135101 1,712 18,266 SH   SOLE   18,266 0 0
MetLife Inc COM 59156R108 528 9,762 SH   SOLE   9,762 0 0
Microsoft Corp COM 594918104 370 7,958 SH   SOLE   7,958 0 0
Midcap Index COM 78467Y107 424 1,606 SH   SOLE   1,606 0 0
Molina Healthcare, Inc. COM 60855r100 251 4,684 SH   SOLE   4,684 0 0
Mondelez International, Inc. COM 609207105 1,459 40,152 SH   SOLE   40,152 0 0
Moodys Corp COM 615369105 346 3,608 SH   SOLE   3,608 0 0
NetEase, Inc. ADS COM 64110w102 268 2,700 SH   SOLE   2,700 0 0
Occidental Petroleum COM 674599105 1,813 22,492 SH   SOLE   22,492 0 0
Peabody Energy Corp COM 704549104 145 18,775 SH   SOLE   18,775 0 0
Pepsico, Inc. COM 713448108 1,947 20,587 SH   SOLE   20,587 0 0
Perrigo COM g97822103 5,343 31,963 SH   SOLE   31,963 0 0
Petroleo Brasilero ADS COM 71654v408 73 10,000 SH   SOLE   10,000 0 0
Pfizer, Inc. COM 717081103 1,547 49,669 SH   SOLE   49,669 0 0
Philip Morris Internation Inc COM 718172109 335 4,110 SH   SOLE   4,110 0 0
Phillips 66 COM 718546104 436 6,078 SH   SOLE   6,078 0 0
Potash Corp Sask COM 73755l107 608 17,218 SH   SOLE   17,218 0 0
Power Shares QQQ Trust Unit I COM 73935A104 248 2,401 SH   SOLE   2,401 0 0
Procter & Gamble Co COM 742718109 2,996 32,892 SH   SOLE   32,892 0 0
Prospect Capital Corporation COM 74348T102 118 14,300 SH   SOLE   14,300 0 0
QualComm Inc COM 747525103 904 12,159 SH   SOLE   12,159 0 0
Real Estate Investment Trust I COM 922908553 444 5,479 SH   SOLE   5,479 0 0
Regions Financial Corp COM 7591EP100 111 10,532 SH   SOLE   10,532 0 0
Retail Properties of America COM 76131v202 167 10,000 SH   SOLE   10,000 0 0
S E I Corp COM 784117103 1,091 27,255 SH   SOLE   27,255 0 0
S&P 500 Index COM 78462F103 2,479 12,062 SH   SOLE   12,062 0 0
SPDR Cons Staples Select COM 81369Y308 313 6,455 SH   SOLE   6,455 0 0
SPDR Energy Sel Select COM 81369Y506 1,236 15,608 SH   SOLE   15,608 0 0
SPDR Financial Select COM 81369Y605 3,007 121,600 SH   SOLE   121,600 0 0
SPDR Health Care Slct COM 81369y209 433 6,330 SH   SOLE   6,330 0 0
SPDR Industrials Select COM 81369Y704 667 11,788 SH   SOLE   11,788 0 0
SPDR Materials Select COM 81369Y100 803 16,538 SH   SOLE   16,538 0 0
SPDR S&P Oil & Gas Eqmnt COM 78464A748 424 15,037 SH   SOLE   15,037 0 0
SPDR S&P Oil & Gas Exploration COM 78464A730 468 9,771 SH   SOLE   9,771 0 0
SPDR S&P Semicond ETF COM 78464A862 863 10,819 SH   SOLE   10,819 0 0
SPDR Select Technology COM 81369Y803 794 19,190 SH   SOLE   19,190 0 0
SPDR Utilities ETF COM 81369Y886 1,840 38,974 SH   SOLE   38,974 0 0
Sandridge Permian Trust COM 80007a102 126 20,100 SH   SOLE   20,100 0 0
Schlumberger Ltd COM 806857108 308 3,610 SH   SOLE   3,610 0 0
Sonoco Prods Co COM 835495102 481 10,996 SH   SOLE   10,996 0 0
South State Corp COM 840441109 1,345 20,058 SH   SOLE   20,058 0 0
Southern Arc Minerals COM 842200107 2 52,700 SH   SOLE   52,700 0 0
Southern Company COM 842587107 260 5,286 SH   SOLE   5,286 0 0
Spectra Energy Corp COM 847560109 601 16,553 SH   SOLE   16,553 0 0
Stag Industrials, Inc COM 85254j102 229 9,327 SH   SOLE   9,327 0 0
Stanley Black and Decker COM 854502101 810 8,428 SH   SOLE   8,428 0 0
State Street Corp COM 857477103 366 4,667 SH   SOLE   4,667 0 0
SunEdison COM 86732Y109 232 11,900 SH   SOLE   11,900 0 0
SunTrust Bks Inc COM 867914103 342 8,160 SH   SOLE   8,160 0 0
TTC Technology Corp COM 87304r100 0 20,000 SH   SOLE   20,000 0 0
Teir Reit NSA COM 87399G100 90 20,000 SH   SOLE   20,000 0 0
Teva Pharmaceutical Indus COM 881624209 1,310 22,772 SH   SOLE   22,772 0 0
Thermo Fisher Scientific, Inc COM 883556102 919 7,335 SH   SOLE   7,335 0 0
Time Warner Inc COM 887317303 278 3,259 SH   SOLE   3,259 0 0
Ultra Petroleum Corp COM 903914109 192 14,617 SH   SOLE   14,617 0 0
United Technologies COM 913017109 552 4,800 SH   SOLE   4,800 0 0
UnitedHealth Group Inc COM 91324P102 1,164 11,518 SH   SOLE   11,518 0 0
Vanguard Emer Mkts ETF COM 922042858 1,810 45,224 SH   SOLE   45,224 0 0
Vanguard Energy ETF COM 92204a306 212 1,900 SH   SOLE   1,900 0 0
Vanguard Info Tech ETF COM 92204A702 2,791 26,713 SH   SOLE   26,713 0 0
Vanguard Total Stock Market ET COM 922908769 4,205 39,671 SH   SOLE   39,671 0 0
Verizon Communications COM 92343v104 2,021 43,197 SH   SOLE   43,197 0 0
Walt Disney Company COM 254687106 462 4,900 SH   SOLE   4,900 0 0
Watts Water Technologies Inc COM 942749102 2,443 38,515 SH   SOLE   38,515 0 0
Wells Fargo & Co COM 949746101 1,146 20,909 SH   SOLE   20,909 0 0
World Acceptance COM 981419104 3,589 45,172 SH   SOLE   45,172 0 0
iShares DJ US Real Estate COM 464287739 339 4,410 SH   SOLE   4,410 0 0
iShr DJ US Consumer Cyclical COM 464287580 1,062 7,709 SH   SOLE   7,709 0 0
ProShares Short 20+ Year Treas COM 74347X849 243 9,680 SH   SOLE   9,680 0 0
Short Dow30 ProShares COM 74347R701 231 9,940 SH   SOLE   9,940 0 0
Short S&P 500 ProShares COM 74347R503 213 9,765 SH   SOLE   9,765 0 0
UltraShort 20+ Year Treasury COM 74347B201 738 15,907 SH   SOLE   15,907 0 0