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 Company COM 88579Y101 1,638 14,978 SH   SOLE   14,978 0 0
AT&T Corp COM 00206r102 897 25,350 SH   SOLE   25,350 0 0
ATP Oil & Gas Corp COM 00208J108 1 13,700 SH   SOLE   13,700 0 0
AbbVie Inc COM 00287y109 688 16,643 SH   SOLE   16,643 0 0
Abbott Labs COM 002824100 271 7,780 SH   SOLE   7,780 0 0
Alimera Sciences, Inc COM 016259103 183 37,600 SH   SOLE   37,600 0 0
Altria Group Inc. COM 02209S103 245 7,000 SH   SOLE   7,000 0 0
American Tower Corporation COM 03027x100 334 4,570 SH   SOLE   4,570 0 0
Apple Computer, Inc. COM 037833100 2,401 6,056 SH   SOLE   6,056 0 0
Arch Coal Inc COM 039380100 135 35,800 SH   SOLE   35,800 0 0
Atrion Corp COM 049904105 219 1,000 SH   SOLE   1,000 0 0
BB&T Corp COM 054937107 891 26,288 SH   SOLE   26,288 0 0
Bank of America Corp COM 060505104 152 11,798 SH   SOLE   11,798 0 0
Baxter Intl Inc. COM 071813109 1,988 28,703 SH   SOLE   28,703 0 0
Blackstone Group LP COM 09253U108 348 16,526 SH   SOLE   16,526 0 0
Bristol Myers Squibb COM 110122108 257 5,760 SH   SOLE   5,760 0 0
CBL & Assoc Prop COM 124830100 276 12,876 SH   SOLE   12,876 0 0
CVS Corp COM 126650100 4,242 74,185 SH   SOLE   74,185 0 0
Cabot Oil & Gas Corp COM 127097103 223 3,136 SH   SOLE   3,136 0 0
Canadian Natural Resources Ltd COM 136385101 226 8,000 SH   SOLE   8,000 0 0
CarMax, Inc COM 143130102 382 8,270 SH   SOLE   8,270 0 0
Cardinal Health, Inc. COM 14149Y108 347 7,358 SH   SOLE   7,358 0 0
Caterpillar COM 149123101 410 4,975 SH   SOLE   4,975 0 0
ChevronTexaco Corporation COM 166764100 716 6,050 SH   SOLE   6,050 0 0
Cincinnati Finl COM 172062101 1,462 31,846 SH   SOLE   31,846 0 0
Cisco Systems, Inc. COM 17275R102 1,422 58,454 SH   SOLE   58,454 0 0
Citigroup Inc New COM 172967424 375 7,818 SH   SOLE   7,818 0 0
Cliffs Natural Resources Inc COM 18683K101 210 12,910 SH   SOLE   12,910 0 0
Coca Cola COM 191216100 1,813 45,190 SH   SOLE   45,190 0 0
ConocoPhillips COM 20825C104 1,321 21,841 SH   SOLE   21,841 0 0
Cornerstone Community Bank COM 218924108 70 34,714 SH   SOLE   34,714 0 0
Corning Inc COM 219350105 297 20,887 SH   SOLE   20,887 0 0
Costco Wholesale Corp COM 22160K105 388 3,513 SH   SOLE   3,513 0 0
Danaher Corp COM 235851102 2,898 45,786 SH   SOLE   45,786 0 0
Darden Restaurants, Inc. COM 237194105 279 5,524 SH   SOLE   5,524 0 0
Delta Air Lines Inc New COM 247361702 202 10,800 SH   SOLE   10,800 0 0
Dentsply Intn'l. COM 249030107 2,438 59,522 SH   SOLE   59,522 0 0
Diamond Offshore Drilling, Inc COM 25271c102 433 6,300 SH   SOLE   6,300 0 0
Dollar Tree, Inc COM 256746108 1,414 27,818 SH   SOLE   27,818 0 0
Dover Corp COM 260003108 2,607 33,569 SH   SOLE   33,569 0 0
Dow 30 COM 78467x109 1,990 13,395 SH   SOLE   13,395 0 0
DuPont COM 263534109 1,366 26,025 SH   SOLE   26,025 0 0
Duke Energy Corp COM 26441C204 695 10,291 SH   SOLE   10,291 0 0
Emerson Electric Co COM 291011104 1,704 31,251 SH   SOLE   31,251 0 0
Exxon Mobil Corp COM 30231G102 870 9,624 SH   SOLE   9,624 0 0
Facebook Inc. COM 30303m102 540 21,721 SH   SOLE   21,721 0 0
Fannie Mae COM 313586109 14 10,000 SH   SOLE   10,000 0 0
First Bancorp NC COM 318910110 567 40,230 SH   SOLE   40,230 0 0
First Finl Hldgs COM 320239106 788 37,157 SH   SOLE   37,157 0 0
Ford Mtr Co COM 345370860 1,070 69,143 SH   SOLE   69,143 0 0
Freeport-McMoRan Copper & Gold COM 35671D857 364 13,176 SH   SOLE   13,176 0 0
General Electric Co COM 369604103 872 37,617 SH   SOLE   37,617 0 0
Gentex Corporation COM 371901109 200 8,695 SH   SOLE   8,695 0 0
Greenville Nat'l Bank COM 396242109 237 1,500 SH   SOLE   1,500 0 0
Group 1 Automotive, Inc COM 398905109 515 8,000 SH   SOLE   8,000 0 0
Health Management Assoc. COM 421933102 190 12,075 SH   SOLE   12,075 0 0
Heilig Meyers Co COM 422893107 0 10,562 SH   SOLE   10,562 0 0
Home Depot, Inc. COM 437076102 3,119 40,257 SH   SOLE   40,257 0 0
Honeywell Intl Inc COM 438516106 428 5,399 SH   SOLE   5,399 0 0
Huntsman Corp COM 447011107 202 12,200 SH   SOLE   12,200 0 0
I B M COM 459200101 1,936 10,130 SH   SOLE   10,130 0 0
IShr MSCI Emerg Mkts ETF COM 464287234 536 13,923 SH   SOLE   13,923 0 0
Intel Corp COM 458140100 2,808 115,878 SH   SOLE   115,878 0 0
Investors Title Company COM 461804106 472 6,649 SH   SOLE   6,649 0 0
Isle of Capir Casinos Inc COM 464592104 270 36,000 SH   SOLE   36,000 0 0
J.P. Morgan & Co, Inc. COM 46625H100 704 13,335 SH   SOLE   13,335 0 0
JPMorgan MLP Index COM 46625H365 1,188 25,465 SH   SOLE   25,465 0 0
Johnson & Johnson COM 478160104 3,199 37,262 SH   SOLE   37,262 0 0
Johnson Controls Inc. COM 478366107 868 24,250 SH   SOLE   24,250 0 0
Just Energy Group, Inc. COM 48213w101 119 20,000 SH   SOLE   20,000 0 0
KeyCorp COM 493267108 156 14,161 SH   SOLE   14,161 0 0
Kimberly Clark Corp COM 494368103 1,116 11,655 SH   SOLE   11,655 0 0
Kinder Morgan Energy Partners COM 494550106 397 4,650 SH   SOLE   4,650 0 0
Kraft Foods Group, Inc. COM 50076Q106 1,166 20,862 SH   SOLE   20,862 0 0
L-3 Communications Hldgs Inc COM 502424104 572 6,666 SH   SOLE   6,666 0 0
Leggett & Platt, Inc. COM 524660107 1,094 35,200 SH   SOLE   35,200 0 0
MBIA, Inc. COM 55262C100 146 11,005 SH   SOLE   11,005 0 0
Marathon Petroleum Corp COM 56585A102 209 2,935 SH   SOLE   2,935 0 0
Masco Corp COM 574599106 417 21,370 SH   SOLE   21,370 0 0
McDonalds Corp COM 580135101 1,216 12,278 SH   SOLE   12,278 0 0
Medtronic, Inc. COM 585055106 323 6,280 SH   SOLE   6,280 0 0
Merck & Co, Inc. COM 58933Y105 432 9,306 SH   SOLE   9,306 0 0
Microsoft Corp COM 594918104 866 25,065 SH   SOLE   25,065 0 0
Midcap Index COM 78467Y107 400 1,906 SH   SOLE   1,906 0 0
Mondelez International, Inc. COM 609207105 1,164 40,785 SH   SOLE   40,785 0 0
Moodys Corp COM 615369105 220 3,608 SH   SOLE   3,608 0 0
NEWMONT MINING CORP COM COM 651639106 433 14,467 SH   SOLE   14,467 0 0
National Oilwell, Inc. COM 637071101 404 5,863 SH   SOLE   5,863 0 0
NovaGold Resources Inc COM 66987e206 55 26,000 SH   SOLE   26,000 0 0
Open Text Corp COM 683715106 406 5,925 SH   SOLE   5,925 0 0
Oracle Corporation COM 68389X105 700 22,793 SH   SOLE   22,793 0 0
Patriot Coal Corp COM 70336T104 3 15,000 SH   SOLE   15,000 0 0
Pengrowth Energy Corp COM 70706p104 49 10,000 SH   SOLE   10,000 0 0
Pepsico, Inc. COM 713448108 1,686 20,608 SH   SOLE   20,608 0 0
Perrigo Co COM 714290103 4,487 37,080 SH   SOLE   37,080 0 0
Pfizer, Inc. COM 717081103 1,216 43,398 SH   SOLE   43,398 0 0
Philip Morris Internation Inc COM 718172109 336 3,875 SH   SOLE   3,875 0 0
Phillips 66 COM 718546104 595 10,105 SH   SOLE   10,105 0 0
Potash Corp Sask COM 73755l107 495 12,977 SH   SOLE   12,977 0 0
PowerShares KBW Prem Yld REIT COM 73936q819 223 7,153 SH   SOLE   7,153 0 0
Procter & Gamble Co COM 742718109 2,061 26,764 SH   SOLE   26,764 0 0
Range Resources Corp COM 75281a109 217 2,808 SH   SOLE   2,808 0 0
Real Estate Investment Trust I COM 922908553 344 5,010 SH   SOLE   5,010 0 0
Royal Dutch Shell PLC-A Shs COM 780259206 264 4,140 SH   SOLE   4,140 0 0
S E I Corp COM 784117103 799 28,100 SH   SOLE   28,100 0 0
S&P 500 Index COM 78462F103 954 5,950 SH   SOLE   5,950 0 0
SCBT Financial Corp COM 78401V102 233 4,630 SH   SOLE   4,630 0 0
SPDR Cons Staples Select COM 81369Y308 256 6,455 SH   SOLE   6,455 0 0
SPDR Energy Sel Select COM 81369Y506 1,239 15,826 SH   SOLE   15,826 0 0
SPDR Financial Select COM 81369Y605 2,349 120,820 SH   SOLE   120,820 0 0
SPDR Industrials Select COM 81369Y704 542 12,718 SH   SOLE   12,718 0 0
SPDR Materials Select COM 81369Y100 651 16,971 SH   SOLE   16,971 0 0
SPDR S&P Oil & Gas Eqmnt COM 78464A748 601 15,342 SH   SOLE   15,342 0 0
SPDR S&P Oil & Gas Exploration COM 78464A730 605 10,391 SH   SOLE   10,391 0 0
SPDR S&P Semicond ETF COM 78464A862 577 10,819 SH   SOLE   10,819 0 0
SPDR Select Technology COM 81369Y803 843 27,575 SH   SOLE   27,575 0 0
SPDR Utilities ETF COM 81369Y886 1,602 42,575 SH   SOLE   42,575 0 0
SUPERVALU, Inc. COM 868536103 88 14,200 SH   SOLE   14,200 0 0
Sonoco Prods Co COM 835495102 395 11,421 SH   SOLE   11,421 0 0
Sotheby's COM 835898107 205 5,396 SH   SOLE   5,396 0 0
Southern Company COM 842587107 255 5,777 SH   SOLE   5,777 0 0
Spectra Energy Corp COM 847560109 511 14,816 SH   SOLE   14,816 0 0
Stanley Black and Decker COM 854502101 671 8,683 SH   SOLE   8,683 0 0
State Street Corp COM 857477103 311 4,776 SH   SOLE   4,776 0 0
SunTrust Bks Inc COM 867914103 355 11,232 SH   SOLE   11,232 0 0
Teva Pharmaceutical Indus COM 881624209 969 24,730 SH   SOLE   24,730 0 0
Thermo Fisher Scientific, Inc COM 883556102 621 7,335 SH   SOLE   7,335 0 0
Ultra Petroleum Corp COM 903914109 346 17,460 SH   SOLE   17,460 0 0
United Parcel Service Inc. COM 911312106 383 4,425 SH   SOLE   4,425 0 0
UnitedHealth Group Inc COM 91324P102 719 10,985 SH   SOLE   10,985 0 0
Vanguard Emer Mkts ETF COM 922042858 1,776 45,789 SH   SOLE   45,789 0 0
Vanguard Energy ETF COM 92204a306 216 1,920 SH   SOLE   1,920 0 0
Vanguard Info Tech ETF COM 92204A702 2,020 27,305 SH   SOLE   27,305 0 0
Vanguard Total Stock Market ET COM 922908769 3,031 36,669 SH   SOLE   36,669 0 0
Verizon Communications COM 92343V104 930 18,467 SH   SOLE   18,467 0 0
Walt Disney Company COM 254687106 279 4,411 SH   SOLE   4,411 0 0
Watts Water Technologies Inc COM 942749102 2,014 44,430 SH   SOLE   44,430 0 0
WellPoint Health Networks COM 94973V107 556 6,790 SH   SOLE   6,790 0 0
Wells Fargo & Co COM 949746101 494 11,977 SH   SOLE   11,977 0 0
Windstream Corp COM 97381W104 112 14,525 SH   SOLE   14,525 0 0
World Acceptance COM 981419104 4,132 47,529 SH   SOLE   47,529 0 0
Yum! Brands, Inc COM 988498101 213 3,073 SH   SOLE   3,073 0 0
iShare S& P 600 Growth COM 464287887 291 3,009 SH   SOLE   3,009 0 0
iShares DJ US Real Estate COM 464287739 293 4,410 SH   SOLE   4,410 0 0
iShares USA Min Vol COM 46429B697 427 13,100 SH   SOLE   13,100 0 0
iShr DJ US Consumer Cyclical COM 464287580 834 8,134 SH   SOLE   8,134 0 0
UltraShort 20+ Year Treasury COM 74347B201 779 10,750 SH   SOLE   10,750 0 0
UltraShort S&P 500 Proshares COM 74347B300 479 11,725 SH   SOLE   11,725 0 0