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
3M Co cs 88579y101 224 1,126 SH   SOLE   1,126 0 0
Abbott Laboratories cs 002824100 809 6,977 SH   SOLE   6,977 0 0
AbbVie Inc cs 00287y109 2,435 21,617 SH   SOLE   21,617 0 0
Adobe Inc cs 00724f101 996 1,700 SH   SOLE   1,700 0 0
Alphabet Inc Cap Stock Cl A cs 02079k305 273 112 SH   SOLE   112 0 0
Alphabet Inc Cap Stock Cl C cs 02079k107 2,180 870 SH   SOLE   870 0 0
Amazon.com Inc cs 023135106 299 87 SH   SOLE   87 0 0
American Express Co cs 025816109 822 4,977 SH   SOLE   4,977 0 0
Analog Devices Inc cs 032654105 258 1,500 SH   SOLE   1,500 0 0
Apple Inc cs 037833100 1,227 8,956 SH   SOLE   8,956 0 0
AT&T Inc cs 00206r102 1,542 53,580 SH   SOLE   53,580 0 0
Banc Of California Inc cs 05990k106 1,518 86,525 SH   SOLE   86,525 0 0
Bancorp Inc cs 05969a105 4,290 186,460 SH   SOLE   186,460 0 0
Bank America Corp cs 060505104 1,047 25,395 SH   SOLE   25,395 0 0
Bank Hawaii Corp cs 062540109 223 2,651 SH   SOLE   2,651 0 0
Banner Corp cs 06652v208 704 12,979 SH   SOLE   12,979 0 0
Berkshire Hathaway Inc Cl B cs 084670702 1,984 7,137 SH   SOLE   7,137 0 0
Biogen Inc cs 09062x103 494 1,426 SH   SOLE   1,426 0 0
Blackstone Group Inc Cl A cs 09260d107 891 9,170 SH   SOLE   9,170 0 0
Boeing Co cs 097023105 818 3,416 SH   SOLE   3,416 0 0
Booking Holdings Inc cs 09857l108 702 321 SH   SOLE   321 0 0
Bristol-Myers Squibb Co cs 110122108 2,120 31,731 SH   SOLE   31,731 0 0
Brown Forman Corp Cl A cs 115637100 778 11,030 SH   SOLE   11,030 0 0
Brown Forman Corp Cl B cs 115637209 1,126 15,020 SH   SOLE   15,020 0 0
Cambridge Bancorp cs 132152109 1,659 19,988 SH   SOLE   19,988 0 0
Caterpillar Inc cs 149123101 653 3,000 SH   SOLE   3,000 0 0
Central Securities Corp cs 155123102 1,013 24,000 SH   SOLE   24,000 0 0
CF Industries Holdings Inc cs 125269100 2,050 39,837 SH   SOLE   39,837 0 0
Chevron Corp cs 166764100 2,792 26,655 SH   SOLE   26,655 0 0
Chubb Limited cs h1467j104 635 3,995 SH   SOLE   3,995 0 0
Cimarex Energy Co cs 171798101 2,088 28,825 SH   SOLE   28,825 0 0
Cincinnati Financial Corp cs 172062101 367 3,150 SH   SOLE   3,150 0 0
Cisco Systems Inc cs 17275r102 1,724 32,532 SH   SOLE   32,532 0 0
Citigroup Inc cs 172967424 599 8,464 SH   SOLE   8,464 0 0
Coca-Cola Co cs 191216100 310 5,722 SH   SOLE   5,722 0 0
Colgate Palmolive Co cs 194162103 659 8,105 SH   SOLE   8,105 0 0
ConocoPhillips cs 20825c104 2,013 33,049 SH   SOLE   33,049 0 0
Curo Group Holdings Corp cs 23131l107 366 21,555 SH   SOLE   21,555 0 0
CVS Health Corp cs 126650100 1,436 17,214 SH   SOLE   17,214 0 0
Danaher Corp cs 235851102 273 1,018 SH   SOLE   1,018 0 0
Deere & Co cs 244199105 1,002 2,840 SH   SOLE   2,840 0 0
Diamondback Energy Inc cs 25278x109 2,134 22,727 SH   SOLE   22,727 0 0
Disney Walt Co Disney cs 254687106 1,845 10,496 SH   SOLE   10,496 0 0
Eagle Bulk Shipping Inc Com cs y2187a150 450 9,517 SH   SOLE   9,517 0 0
Emerson Electric Co cs 291011104 250 2,600 SH   SOLE   2,600 0 0
Enbridge Inc cs 29250n105 598 14,945 SH   SOLE   14,945 0 0
EOG Resources Inc cs 26875p101 1,718 20,592 SH   SOLE   20,592 0 0
Expedia Inc cs 30212p303 739 4,514 SH   SOLE   4,514 0 0
Exxon Mobil Corp cs 30231g102 974 15,443 SH   SOLE   15,443 0 0
First Acceptance Corp cs 318457108 49 25,800 SH   SOLE   25,800 0 0
Frp Holdings Inc cs 30292l107 601 10,800 SH   SOLE   10,800 0 0
General Dynamics Corp cs 369550108 590 3,136 SH   SOLE   3,136 0 0
General Electric Co cs 369604103 1,823 135,448 SH   SOLE   135,448 0 0
General Mills Inc cs 370334104 1,061 17,410 SH   SOLE   17,410 0 0
General Motors Co cs 37045v100 1,645 27,796 SH   SOLE   27,796 0 0
Gilead Sciences Inc cs 375558103 1,385 20,108 SH   SOLE   20,108 0 0
Hershey Co cs 427866108 331 1,900 SH   SOLE   1,900 0 0
Home Depot Inc cs 437076102 542 1,700 SH   SOLE   1,700 0 0
Honeywell Intl Inc cs 438516106 1,689 7,701 SH   SOLE   7,701 0 0
Illinois Tool Works Inc cs 452308109 218 975 SH   SOLE   975 0 0
Intel Corp cs 458140100 923 16,435 SH   SOLE   16,435 0 0
Johnson & Johnson cs 478160104 919 5,576 SH   SOLE   5,576 0 0
JPMorgan Chase & Co cs 46625h100 1,137 7,310 SH   SOLE   7,310 0 0
Kellogg Co cs 487836108 206 3,200 SH   SOLE   3,200 0 0
Kinder Morgan Inc cs 49456b101 471 25,850 SH   SOLE   25,850 0 0
Lennar Corp Cl A cs 526057104 1,985 19,978 SH   SOLE   19,978 0 0
Lilly Eli & Co cs 532457108 1,335 5,816 SH   SOLE   5,816 0 0
Lockheed Martin Corp cs 539830109 578 1,527 SH   SOLE   1,527 0 0
Merck & Co Inc cs 58933y105 1,739 22,367 SH   SOLE   22,367 0 0
Meta Financial Group Inc cs 59100u108 893 17,638 SH   SOLE   17,638 0 0
MGM Resorts International cs 552953101 861 20,176 SH   SOLE   20,176 0 0
Microsoft Corp cs 594918104 398 1,471 SH   SOLE   1,471 0 0
Morgan Stanley cs 617446448 584 6,366 SH   SOLE   6,366 0 0
Nabors Industries Ltd Shs cs g6359f137 345 3,020 SH   SOLE   3,020 0 0
NVR Inc cs 62944t105 3,014 606 SH   SOLE   606 0 0
Onemain Holdings Inc cs 68268w103 1,193 19,915 SH   SOLE   19,915 0 0
Oracle Corp cs 68389x105 716 9,195 SH   SOLE   9,195 0 0
Paccar Inc cs 693718108 314 3,519 SH   SOLE   3,519 0 0
PacWest Bancorp Del cs 695263103 1,648 40,039 SH   SOLE   40,039 0 0
PepsiCo Inc cs 713448108 602 4,060 SH   SOLE   4,060 0 0
Pfizer Inc cs 717081103 1,947 49,709 SH   SOLE   49,709 0 0
Pioneer Natural Resources Co cs 723787107 2,312 14,224 SH   SOLE   14,224 0 0
Procter And Gamble Co cs 742718109 247 1,830 SH   SOLE   1,830 0 0
Raytheon Technologies Corp cs 75513e101 1,047 12,277 SH   SOLE   12,277 0 0
Seacoast Banking Corp FL cs 811707801 234 6,840 SH   SOLE   6,840 0 0
SM Energy Co cs 78454l100 881 35,750 SH   SOLE   35,750 0 0
Star Bulk Carriers Corp Par cs y8162k204 565 24,630 SH   SOLE   24,630 0 0
Synovus Financial Corp cs 87161c501 568 12,950 SH   SOLE   12,950 0 0
Tesla Inc cs 88160r101 283 416 SH   SOLE   416 0 0
Textron Inc cs 883203101 234 3,400 SH   SOLE   3,400 0 0
Travelers Companies Inc cs 89417e109 228 1,525 SH   SOLE   1,525 0 0
TriState Capital Holdings Inc cs 89678f100 1,530 75,056 SH   SOLE   75,056 0 0
Triton Intl Ltd Cl A cs g9078f107 1,885 36,011 SH   SOLE   36,011 0 0
Union Pacific Corp cs 907818108 269 1,225 SH   SOLE   1,225 0 0
United Community Banks Blairsv cs 90984p303 428 13,375 SH   SOLE   13,375 0 0
VF Corp cs 918204108 303 3,695 SH   SOLE   3,695 0 0
Viatris Inc cs 92556v106 1,060 74,167 SH   SOLE   74,167 0 0
Visa Inc Cl A cs 92826c839 368 1,575 SH   SOLE   1,575 0 0
Vulcan Materials Co cs 929160109 957 5,500 SH   SOLE   5,500 0 0
W&T Offshore Inc cs 92922p106 58 11,900 SH   SOLE   11,900 0 0
Wells Fargo & Co cs 949746101 740 16,330 SH   SOLE   16,330 0 0
Western Alliance Bancorp cs 957638109 2,392 25,765 SH   SOLE   25,765 0 0
Westrock Co cs 96145d105 2,445 45,944 SH   SOLE   45,944 0 0
Zions Bancorporation cs 989701107 296 5,600 SH   SOLE   5,600 0 0
Takeda Pharmaceutical Co Ltd S ad 874060205 172 10,210 SH   SOLE   10,210 0 0
Fidelity Tr 500 Index Ins Prem mf 315911750 2,455 16,410 SH   SOLE   16,410 0 0
Tekla Healthcare Invs mf 87911j103 386 15,000 SH   SOLE   15,000 0 0
Enterprise Products Partners L ml 293792107 422 17,480 SH   SOLE   17,480 0 0
Plains All American Pipeline L ml 726503105 320 28,175 SH   SOLE   28,175 0 0
Annaly Cap Mgmt Inc re 035710409 305 34,331 SH   SOLE   34,331 0 0
Iron Mountain Inc re 46284v101 1,546 36,522 SH   SOLE   36,522 0 0
Physicians Realty Trust re 71943u104 644 34,887 SH   SOLE   34,887 0 0
Weyerhaeuser Co re 962166104 1,516 44,037 SH   SOLE   44,037 0 0
Genco Shipping & Trading Ltd W wt y2685t123 5 98,000 SH   SOLE   98,000 0 0