| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SBM, CPAS - 990PF PREPARATION | 2,600 | 2,000 | 600 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| SOFTWARE AMORTIZATION | 2011-10-01 | 1,270 | 1,270 | 2.5000 | 1,270 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALBEMARLE CORP | ||
| ALCOA INC. | 12,505 | 12,505 |
| ALTRIA GROUP | 23,051 | 23,051 |
| AMDOCS LTD | 14,079 | 14,079 |
| AMERICAN CAPITAL AGENCY CORP | ||
| AMERICAN ELECTRIC POWER CO INC | ||
| AON | 15,676 | 15,676 |
| ANALOG DEVICES INC | 10,953 | 10,953 |
| ANHEUSER-BUSCH COMPANIES INC | 31,250 | 31,250 |
| APPLIED MATERIAL INC | 3,753 | 3,753 |
| ASTRA ZENECA | 13,580 | 13,580 |
| AVERY DENNISON CORP. | 7,206 | 7,206 |
| BANK OF AMERICA CORP | 13,464 | 13,464 |
| BANK OF THE OZARKS | 29,676 | 29,676 |
| BAXTER | 7,516 | 7,516 |
| BB&T CORP | 7,562 | 7,562 |
| BOSTON SCIENTIFIC CORPORATION | 15,102 | 15,102 |
| BP PLC | ||
| BRINKER INTL | 38,360 | 38,360 |
| BRISTOL MYERS SQUIBB COMPANY | 61,567 | 61,567 |
| BROADRIDGE FINANCIAL SOLUTIONS | 20,525 | 20,525 |
| BWX | 9,626 | 9,626 |
| CAMECO CORP | 6,782 | 6,782 |
| CATAMARAN CORP | ||
| CBS CORP | ||
| CHUBB CORP | 26,528 | 26,528 |
| CINEMARK HOLDINGS | 12,703 | 12,703 |
| CLOROX CO | 9,639 | 9,639 |
| COACH INC | ||
| COLGATE PALMOLIVE | 13,324 | 13,324 |
| COMCAST CORP | ||
| CONOCOPHILLIPS | 25,680 | 25,680 |
| CORRECTIONS CORP OF AMERICA | 9,245 | 9,245 |
| COSTCO WHOLESALE CORP. | 37,145 | 37,145 |
| CRACKER BARREL | 10,146 | 10,146 |
| CREE | 13,335 | 13,335 |
| DAIMLER AG | ||
| DEERE & CO. | ||
| DEUTSCHE BANK CAP FUND IX 6.625% PFD | ||
| DISCOVERY COMMUNICATIONS | 9,357 | 9,357 |
| DOMINION RESOURCE | 20,292 | 20,292 |
| DOW CHEMICAL | 9,781 | 9,781 |
| DU PONT E I DE NEMOURS & CO | 33,300 | 33,300 |
| DUKE ENERGY CORP | 62,823 | 62,823 |
| ENDURANCE SPECIALTY HOLDINGS LTD | 17,661 | 17,661 |
| ENERGY TRANSFER PARTNERS | 16,865 | 16,865 |
| ENTERGY CORPORATION | 8,340 | 8,340 |
| ESTERLINE TECHNOLOGIES | 11,583 | 11,583 |
| EXPEDIA | 12,430 | 12,430 |
| EXPEDITORS INTL OF WASH | 7,397 | 7,397 |
| EXTRA SPACE STORAGE | 21,171 | 21,171 |
| FASTENEL CO | 7,388 | 7,388 |
| FIRST AMERICAN FINANCIAL CORP | 21,037 | 21,037 |
| FIRST ENERGY CORP. | 22,211 | 22,211 |
| FREEPORT MCMORAN COPPER & GOLD | 677 | 677 |
| GENERAL ELECTRIC COMPANY | 6,230 | 6,230 |
| GENESIS ENERGY | 7,348 | 7,348 |
| GENUINE PARTS CO | 15,460 | 15,460 |
| HAEMONETICS CORP | 7,802 | 7,802 |
| HARTFORD FINANCIAL SERVICES | 22,121 | 22,121 |
| HASBRO INC | 19,737 | 19,737 |
| HCP INC. | 15,678 | 15,678 |
| HEALTH CARE REIT INC | ||
| HESS CORP | 9,696 | 9,696 |
| HOME BANC SHARES | 14,182 | 14,182 |
| HONEYWELL INTL | 10,357 | 10,357 |
| ING GROUP NV 7.3750% | ||
| INVESCO LTD | 16,907 | 16,907 |
| ITC HOLDINGS CORP | 9,145 | 9,145 |
| JANUS CAPITAL GROUP | 10,948 | 10,948 |
| JANUS CAPITAL GROUP INC | ||
| JOHNSON & JOHNSON | 10,272 | 10,272 |
| JP MORGAN CHASE PFD | 12,960 | 12,960 |
| JP MORGAN CHASE PFD | 25,890 | 25,890 |
| JP MORGAN CHASE & CO | 39,618 | 39,618 |
| KINDER MORGAN | ||
| KINDER MORGAN | 25,856 | 25,856 |
| KKR & CO | 7,795 | 7,795 |
| KOHLS CORP | 12,289 | 12,289 |
| LEIDOS HOLDINGS INC | 10,464 | 10,464 |
| LIBERTY BROADBAND | 8,920 | 8,920 |
| LIBERTY BROADBAND RIGHTS | ||
| LIBERTY MEDIA | 16,070 | 16,070 |
| LIGHTSTREAM RESOURCES LTD | ||
| M&T BANK CORP. | 11,633 | 11,633 |
| MARRIOT INTL PTRS | 16,760 | 16,760 |
| MASTERCARD | 19,472 | 19,472 |
| MATTEL INC. | ||
| MATTELL | 11,738 | 11,738 |
| MCKESSON INC | 46,349 | 46,349 |
| MEDTRONIC | 24,922 | 24,922 |
| MERCK & COMPANY, INC. | 10,564 | 10,564 |
| MERRILL LYNCH CAP TR 6.45% DUE | 25,424 | 25,424 |
| MORGAN STANLEY | 6,362 | 6,362 |
| MORGAN STANLEY CP IV 6.25% | 25,370 | 25,370 |
| MPLX | 17,148 | 17,148 |
| NAT FUEL GAS CO | 8,892 | 8,892 |
| NEW YORK COMMUNITY BANCORP INC | 14,150 | 14,150 |
| NEXTERA ENERGY, INC. | 30,232 | 30,232 |
| NIKE | 18,750 | 18,750 |
| NISOURCE INC | 8,467 | 8,467 |
| NUCOR CORP | 8,060 | 8,060 |
| O REILLY AUTOMOTIVE INC. | 48,150 | 48,150 |
| OLD REPUBLIC INTL CORP | 7,769 | 7,769 |
| OMNICOM GROUP INC. | 17,024 | 17,024 |
| PANERA BREAD | 9,739 | 9,739 |
| PEABODY ENERGY CORP | ||
| PEPSICO | 10,991 | 10,991 |
| PHILLIPS 66 | 6,135 | 6,135 |
| PNC FIN SVCS | 20,440 | 20,440 |
| PINNACLE FOODS | 16,984 | 16,984 |
| PPG INDUSTRIES INC | 23,717 | 23,717 |
| PUBLIC STORAGE | 12,385 | 12,385 |
| QUEST DIAGNOSTICS INC | 7,825 | 7,825 |
| REGAL ENTERTAINMENT GROUP | 14,190 | 14,190 |
| ROCKWELL COLLINS INC | 16,983 | 16,983 |
| SNAP ON TOOLS CORP | 39,429 | 39,429 |
| SONOCO PRODUCTS CO | 7,602 | 7,602 |
| SOUTHERN CO | 65,506 | 65,506 |
| ST JUDE MEDICAL INC | 15,690 | 15,690 |
| STAPLES INC | ||
| STARBUCKS CORP | 30,015 | 30,015 |
| STATE STREET CORP PFD | 13,840 | 13,840 |
| SUN COMMUNITIES INC | 19,805 | 19,805 |
| SUNTRUST BKS INC | 15,765 | 15,765 |
| SYNCHRONY FINANCIAL | 8,910 | 8,910 |
| SYNCHRONY FINANCIAL | ||
| SYSCO CORP | 14,965 | 14,965 |
| TECO ENERGY INC | 10,660 | 10,660 |
| TESORO LOGISTICS | ||
| THE BABCOCK & WILCOX COMPANY | ||
| THE CHEMOURS CO | 536 | 536 |
| THE COCA-COLA CO. | 12,888 | 12,888 |
| THE HERSHEY CO | 7,766 | 7,766 |
| THE KRAFT HEINZ CO | 14,552 | 14,552 |
| TIME WARNER | 5,820 | 5,820 |
| ULTRA PETROLEUM CORP | ||
| UNDER ARMOUR, INC. | 10,479 | 10,479 |
| UNITED HEALTH GROUP | 27,057 | 27,057 |
| VALSPAR | ||
| VARIAN MEDICAL | 7,595 | 7,595 |
| VERIFONE HOLDINGS INC | 8,182 | 8,182 |
| VERIZON COMMUNICATIONS | ||
| WASTE MANGEMENT INC | 27,646 | 27,646 |
| WELLS FARGO & CO | 24,462 | 24,462 |
| WELLTOWER | 9,184 | 9,184 |
| WESTERN UNION | 15,224 | 15,224 |
| WHIRLPOOL | 22,030 | 22,030 |
| WORTHINGTON INDUSTRIES | 6,209 | 6,209 |
| WR GRACE & COMPANY | 11,055 | 11,055 |
| XCEL ENERGY INC | 7,828 | 7,828 |
| XEROX CORP | ||
| ZIMMER HOLDINGS INC | 15,594 | 15,594 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| DNP SELECT INCOME FUND, INC | FMV | 8,960 | 8,960 |
| ISHARES DOW JONES | FMV | 26,980 | 26,980 |
| S&P 500 SPDR | FMV | 8,155 | 8,155 |
| ISHARES TR S&P GLOBAL | FMV | ||
| ISHARES TRUST IBOXX HIGH YIELD CORP | FMV | ||
| KAYNE ANDERSON MLP | FMV | 5,187 | 5,187 |
| MORGAN STANLEY INSTL GROWTH A | FMV | 5,946 | 5,946 |
| TORTOISE PIPELINE & ENERGY FUND INC | FMV | 14,510 | 14,510 |
| VANGUARD TOTAL | FMV | 1,353 | 1,353 |
| ISHARES GLOBAL UTILITIES | FMV | 22,010 | 22,010 |
| ISHARES S&P US PFD | FMV | 46,620 | 46,620 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER | 1,957 | 1,957 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SOFTWARE NET OF AMORTIZATION | 960 | 480 |
| Description | Amount |
|---|---|
| UNREALIZED LOSSES ON SECURITIES | 137,402 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK FEES | 242 | 242 | ||
| PRIOR YEAR GRANTS VOIDED | -3,500 | -3,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | 17,706 | 17,706 | ||
| ADMINISTRATIVE FEES | 10,000 | 5,000 | 5,000 | |
| OTHER PROFESSIONAL FEES | 7,936 | 7,936 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 374 | 374 | ||
| FLORIDA REGISTRATION | 61 | 61 | ||
| FORM 990PF | 1,540 |