| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,271 | 3,635 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ATC TEMPLETON GLOBAL BOND | 49,111 | 50,417 |
| BANCO BILBAO VIZCAYA STOCK | 40,414 | 44,987 |
| DIAMOND HILL LONG-SHORT | 30,206 | 49,947 |
| EARTHLINK, INC. | 8,170 | 4,390 |
| FRONTIER COMMUNICATIONS | 7,203 | 6,670 |
| LONGLEAF PARTNERS STOCK | 79,746 | 118,780 |
| PIMCO ASSET FUND | 0 | 0 |
| PIMCO REAL RETURN FUND | 36,964 | 38,615 |
| PIMCO TOTAL RETURN | 0 | 0 |
| SHS MASTERS SELECT FUND | 61,261 | 94,148 |
| UNITED COMMUNITY BKS, INC. | 882 | 341 |
| VANGUARD DIVIDEND APPREC INDEX FD | 40,709 | 60,870 |
| WACHOVIA CORP STOCK | 11,001 | 6,907 |
| AMG YACKTMAN SERVICE COST | 4,537 | 4,648 |
| SHENKMAN SHORT DURATION | 2,268 | 2,213 |
| ARTISAN INTERNATIONAL VALUE | 9,158 | 8,129 |
| DFA EMERGING MARKETS | 9,722 | 8,570 |
| INTERNATIONAL VALUE PORTFOLIO | 8,158 | 7,184 |
| FPA NEW INCOME | 9,236 | 9,075 |
| FPA CRESCENT | 7,537 | 7,402 |
| FEDERATED ULTRASHORT BOND | 6,968 | 6,930 |
| GOTHAM NEUTRAL INSTITUTION | 5,403 | 5,325 |
| FUNVAN TR ABSOLUTE RETURN FD | 9,292 | 9,557 |
| GUGGENHEIM TOTAL RETURN BOND | 12,264 | 12,257 |
| IVA INTERNATIONAL COST | 15,639 | 14,280 |
| LONGLEAF PARTNERS SMALL CAP | 3,889 | 3,349 |
| PERFORMANCE TR STRATEGIC BOND | 7,544 | 7,577 |
| VANGUARD ST TX-EX AMD | 13,936 | 13,910 |
| ISHARES MSCI UK COST | 3,067 | 2,524 |
| METROPOLITAN WEST TOTAL RETURN | 92,500 | 93,012 |
| VANGUARD TOTAL BOND MKT | 92,500 | 92,500 |
| DFA 1 YR. FIXED INCOME | 19,000 | 18,945 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 206 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ARLINGTON TRUST COMPANY-NON-DIVIDEND DISTRIBUTION | 1,001 | 1,001 | 1,001 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FIDUCIARY FEES | 7,436 | 3,718 | 0 |
| Name | Address |
|---|---|
| KEN POLK |
2000 MORRIS AVENUE SUITE 1300 BIRMINGHAM,AL35203 |
| MAX BESSIE BAKAL |
2000 MORRIS AVENUE SUITE 1300 BIRMINGHAM,AL35203 |
| RHETT BENNETT |
2000 MORRIS AVENUE SUITE 1300 BIRMINGHAM,AL35203 |
| JOE MAC SMITH |
2000 MORRIS AVENUE SUITE 1300 BIRMINGHAM,AL35203 |
| SARAH SMITH |
2000 MORRIS AVENUE SUITE 1300 BIRMINGHAM,AL35203 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 720 | 720 | 0 |