| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REVIEW | 5,000 | 3,750 | 1,250 | |
| ACCOUNTING | 12,733 | 9,550 | 3,183 |
| Person Name | Explanation |
|---|---|
| TIM GAGE | |
| DAN JONES | |
| JIM CORRIN | |
| SAM MCGILL | |
| MARY ANNE JACOBS | |
| BURT BAGLEY | |
| CHRISTOPHER MCDONALD | |
| BRIAN GREGORY | |
| BEN BREAZEALE | |
| BRAD PHILLIPS |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 50,000 BANK OF AMERICA MTG SEC INC. | 46,772 | 46,772 |
| 100,000 CWMBS INC. | 69,440 | 69,440 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK OF AMERICA 7.25% | ||
| BANK OF AMERICA 8.2% | ||
| BANK OF AMERICA 6.375% | 60,450 | 60,450 |
| GE CAPITAL 6.05% | ||
| PRUDENTIAL PLC PERPETUAL 6.5% | 61,525 | 61,525 |
| JP MORGAN CHASE 5.875% | ||
| AEGNON-NV PERPETUAL PFD | 93,640 | 93,640 |
| ING GROEP NV PERPETUAL | 50,800 | 50,800 |
| METLIFE INC SERIES B | 99,600 | 99,600 |
| WACHOVIA PFD FUNDING PFD 7.25% | 49,980 | 49,980 |
| BB&T CORP DEP SHS 1/1000 SER F | 75,000 | 75,000 |
| GOLDMAN SACHS GRP PFD 5.95% | 33,240 | 33,240 |
| BB&T CORP DEP SHS SER E 5.625% | 40,700 | 40,700 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED INTEREST RECEIVABLE | 674 | 581 | 581 |
| Description | Amount |
|---|---|
| UNREALIZED LOSSES | 93,678 |
| INVESTMENT INCOME - BOOK/TAX | 187 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 1,802 | 1,352 | 450 | |
| POSTAGE/COURIER | 18 | 14 | 4 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCOUNTS PAYABLE - SCCTA | 5,887 | 10,621 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE FEES | 45,258 | 33,943 | 11,315 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES AND LICENSE | 315 | 315 |