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
BB&T Pfd 5.2% PFD 054937602 276 12,000 SH   SOLE   12,000 0 0
Stanley Black & Decker 5.75% PFD 854502705 297 12,000 SH   SOLE   12,000 0 0
3M Company COM 88579y101 541 3,511 SH   SOLE   3,511 0 0
AbbVie Inc. COM 00287y109 22,160 329,818 SH   SOLE   329,818 0 0
Alliance Data Systems COM 018581108 1,241 4,251 SH   SOLE   4,251 0 0
Allstate COM 020002101 20,669 318,632 SH   SOLE   318,632 0 0
Ameriprise Financial Inc. COM 03076C106 17,268 138,227 SH   SOLE   138,227 0 0
Amgen COM 031162100 20,400 132,887 SH   SOLE   132,887 0 0
Anheuser-Busch InBev COM 03524a108 1,330 11,030 SH   SOLE   11,030 0 0
Apple Inc. COM 037833100 35,899 286,223 SH   SOLE   286,223 0 0
Arch Coal Inc. COM 039380100 10 30,000 SH   SOLE   30,000 0 0
Archer Daniels Midland COM 039483102 16,849 349,421 SH   SOLE   349,421 0 0
BB&T Corporation COM 054937107 702 17,427 SH   SOLE   17,427 0 0
Baker Hughes Inc. COM 057224107 704 11,425 SH   SOLE   11,425 0 0
Boeing Co. COM 097023105 13,656 98,445 SH   SOLE   98,445 0 0
BorgWarner Inc. COM 099724106 1,711 30,115 SH   SOLE   30,115 0 0
Brinker International COM 109641100 15,060 261,232 SH   SOLE   261,232 0 0
Bristol Myers Squibb COM 110122108 545 8,200 SH   SOLE   8,200 0 0
CNOOC Limited ADR COM 126132109 14,702 103,597 SH   SOLE   103,597 0 0
CSX Corp. COM 126408103 848 25,990 SH   SOLE   25,990 0 0
CVS Health Corp COM 126650100 23,819 227,115 SH   SOLE   227,115 0 0
Cardinal Health Inc. COM 14149y108 20,493 244,993 SH   SOLE   244,993 0 0
Carolina Financial Group COM 143873107 364 22,000 SH   SOLE   22,000 0 0
Caterpillar Inc Del COM 149123101 2,786 32,855 SH   SOLE   32,855 0 0
Celgene COM 151020104 20,819 179,889 SH   SOLE   179,889 0 0
Chevron Corp COM 166764100 1,935 20,061 SH   SOLE   20,061 0 0
Chubb Corp COM 171232101 203 2,135 SH   SOLE   2,135 0 0
Cisco Systems COM 17275R102 21,328 776,724 SH   SOLE   776,724 0 0
Citigroup Inc. COM 172967424 2,478 44,860 SH   SOLE   44,860 0 0
Coca-Cola Co. COM 191216100 1,744 44,456 SH   SOLE   44,456 0 0
Cognizant Technology Solutions COM 192446102 18,572 304,018 SH   SOLE   304,018 0 0
ConocoPhillips COM 20825C104 2,030 33,060 SH   SOLE   33,060 0 0
Cummins Engine COM 231021106 20,161 153,684 SH   SOLE   153,684 0 0
Delta Air Lines COM 247361702 21,309 518,730 SH   SOLE   518,730 0 0
Dominion Resources, Inc. COM 25746U109 10,290 153,890 SH   SOLE   153,890 0 0
Du Pont COM 263534109 494 7,740 SH   SOLE   7,740 0 0
Energy Finders Inc. COM 29268c109 0 10,000 SH   SOLE   10,000 0 0
Express Scripts, Inc. COM 30219g108 256 2,880 SH   SOLE   2,880 0 0
Exxon Mobil Corp. COM 30231g102 275 3,306 SH   SOLE   3,306 0 0
FedEx Corp COM 31428X106 15,954 93,632 SH   SOLE   93,632 0 0
First Bancorp NC COM 318910106 415 24,886 SH   SOLE   24,886 0 0
Fiserv Inc. COM 337738108 283 3,425 SH   SOLE   3,425 0 0
Foot Locker, Inc. COM 344849104 21,271 317,439 SH   SOLE   317,439 0 0
General Dynamics COM 369550108 21,195 149,591 SH   SOLE   149,591 0 0
General Elec Co. COM 369604103 6,205 233,561 SH   SOLE   233,561 0 0
Gilead Sciences Inc. COM 375558103 21,286 181,814 SH   SOLE   181,814 0 0
Goldman Sachs Group COM 38141G104 25,696 123,074 SH   SOLE   123,074 0 0
Goodyear Tire & Rubber COM 382550101 17,913 594,132 SH   SOLE   594,132 0 0
Google Cl A COM 38259p508 1,447 2,681 SH   SOLE   2,681 0 0
Google Cl C COM 38259p706 1,273 2,447 SH   SOLE   2,447 0 0
Halliburton Co. COM 406216101 15,706 364,674 SH   SOLE   364,674 0 0
Home Depot Inc. COM 437076102 21,505 193,519 SH   SOLE   193,519 0 0
Humana Inc. COM 444859102 455 2,380 SH   SOLE   2,380 0 0
IShares Russell Mid-Cap Index COM 464287499 2,954 17,346 SH   SOLE   17,346 0 0
Ingram Micro Inc. COM 457153104 19,030 760,315 SH   SOLE   760,315 0 0
Int'l. Business Machines COM 459200101 339 2,085 SH   SOLE   2,085 0 0
International Paper COM 460146103 253 5,320 SH   SOLE   5,320 0 0
J. P. Morgan COM 46625H100 648 9,570 SH   SOLE   9,570 0 0
Jabil Circuit, Inc. COM 466313103 12,630 593,259 SH   SOLE   593,259 0 0
Japan (iShares MSCI Index) COM 464286848 248 19,400 SH   SOLE   19,400 0 0
Kinder Morgan Inc. COM 49456b101 3,937 102,577 SH   SOLE   102,577 0 0
Lam Research COM 512807108 2,269 27,900 SH   SOLE   27,900 0 0
Lincoln National Corporation COM 534187109 18,099 305,635 SH   SOLE   305,635 0 0
Lowe's Companies Inc. COM 548661107 495 7,401 SH   SOLE   7,401 0 0
Lyondell Basell Ind. COM N53745100 495 4,785 SH   SOLE   4,785 0 0
MSCI EAFE ETF COM 464287465 3,806 59,957 SH   SOLE   59,957 0 0
Manitowoc Inc Com COM 563571108 911 46,500 SH   SOLE   46,500 0 0
Marathon Oil Group COM 565849106 276 10,425 SH   SOLE   10,425 0 0
McKesson Corporation COM 58155q103 15,152 67,400 SH   SOLE   67,400 0 0
Medtronic PLC COM G5960L103 20,928 282,434 SH   SOLE   282,434 0 0
Merck & Co. COM 58933y105 20,604 361,933 SH   SOLE   361,933 0 0
Microchip Technology Inc. COM 595017104 2,579 54,383 SH   SOLE   54,383 0 0
Microsoft Corp. COM 594918104 21,798 493,738 SH   SOLE   493,738 0 0
Monster Worldwide COM 611742107 65 10,000 SH   SOLE   10,000 0 0
Mylan NV COM n59465109 21,053 310,242 SH   SOLE   310,242 0 0
NVR Inc. COM 62944T105 5,727 4,274 SH   SOLE   4,274 0 0
Oracle Systems Corp COM 68389X105 20,609 511,410 SH   SOLE   511,410 0 0
PNM Resources Inc. COM 69349h107 3,615 146,975 SH   SOLE   146,975 0 0
PTC Inc. COM 69370c100 2,536 61,825 SH   SOLE   61,825 0 0
Pfizer Inc. COM 717081103 292 8,727 SH   SOLE   8,727 0 0
Phillips 66 COM 718546104 15,829 196,487 SH   SOLE   196,487 0 0
Pinnacle West Capital COM 723484101 484 8,520 SH   SOLE   8,520 0 0
Precision Castparts Corp. COM 740189105 697 3,492 SH   SOLE   3,492 0 0
Qualcomm Inc. COM 747525103 19,789 315,978 SH   SOLE   315,978 0 0
R2000 ETF COM 464287655 3,000 24,029 SH   SOLE   24,029 0 0
Reliance Steel & Aluminum COM 759509102 13,908 229,976 SH   SOLE   229,976 0 0
Rock-Tenn Company COM 772739207 16,937 281,353 SH   SOLE   281,353 0 0
Ross Stores Inc. COM 778296103 246 5,080 SH   SOLE   5,080 0 0
S&P 400 ETF COM 464287507 1,446 9,643 SH   SOLE   9,643 0 0
SanDisk Corp. COM 80004C101 1,762 30,270 SH   SOLE   30,270 0 0
Sanmina Corp. COM 801056102 1,192 59,150 SH   SOLE   59,150 0 0
Schlumberger Limited COM 806857108 15,654 181,627 SH   SOLE   181,627 0 0
Simon PPTY Group COM 828806109 519 3,000 SH   SOLE   3,000 0 0
Skyworks Solutions Inc. COM 83088m102 21,856 209,960 SH   SOLE   209,960 0 0
Starbucks Corp. COM 855244109 483 9,020 SH   SOLE   9,020 0 0
SunTrust Banks Inc. COM 867914103 20,433 474,976 SH   SOLE   474,976 0 0
Synchrony Financial COM 87165B103 23,545 715,011 SH   SOLE   715,011 0 0
TJX Cos. Inc. COM 872540109 490 7,413 SH   SOLE   7,413 0 0
Target Corp. COM 87612E106 16,491 202,024 SH   SOLE   202,024 0 0
Transocean LTD COM H8817H100 530 32,885 SH   SOLE   32,885 0 0
Tyson Foods, Inc. COM 902494103 21,891 513,525 SH   SOLE   513,525 0 0
U.S. Bancorp COM 902973304 21,321 491,271 SH   SOLE   491,271 0 0
UGI Corp. COM 902681105 830 24,114 SH   SOLE   24,114 0 0
Union Pacific Corp. COM 907818108 7,771 81,484 SH   SOLE   81,484 0 0
United Technologies COM 913017109 837 7,546 SH   SOLE   7,546 0 0
Valero Energy Corp. COM 91913y100 19,233 307,249 SH   SOLE   307,249 0 0
Vanguard Emerging COM 922042858 1,364 33,385 SH   SOLE   33,385 0 0
Verizon Communications COM 92343v104 27,408 588,041 SH   SOLE   588,041 0 0
Visa Inc. COM 92826c839 23,316 347,231 SH   SOLE   347,231 0 0
Wal Mart Stores COM 931142103 2,775 39,137 SH   SOLE   39,137 0 0
Walt Disney Co. COM 254687106 24,416 213,915 SH   SOLE   213,915 0 0
Wells Fargo & Co. COM 949746101 23,139 411,444 SH   SOLE   411,444 0 0
Western Digital Corp. COM 958102105 1,501 19,147 SH   SOLE   19,147 0 0
DFA Core Equity 2 MMF 23320339p 583 32,812 SH   SOLE   32,812 0 0
DFA Emerg Mkt MMF 233203421 879 45,574 SH   SOLE   45,574 0 0
DFA Intl. Value Port. MMF 25434d203 396 21,410 SH   SOLE   21,410 0 0
DFA Inv. Dim. Micro MMF 23320350r 223 11,130 SH   SOLE   11,130 0 0
DFA Inv. Dimension Grp MMF 23320384p 830 25,648 SH   SOLE   25,648 0 0
DFA Inv. US Small Cap. MMF 23320381p 464 12,998 SH   SOLE   12,998 0 0
DFA US Core Equity 2 MMF 233203397 725 40,825 SH   SOLE   40,825 0 0
DFA intl Core Eq Fd MMF 233203371 1,601 129,983 SH   SOLE   129,983 0 0
Fidelity Advisor Real Estate MMF 316389477 165 14,480 SH   SOLE   14,480 0 0
Franklin Custodian Fds MMF 353496201 235 4,761 SH   SOLE   4,761 0 0
MFS Equity Opportunities Fd MMF 55275e473 204 6,992 SH   SOLE   6,992 0 0
MFS Ser. Tr. Grw. Fd. MMF 552985103 234 3,321 SH   SOLE   3,321 0 0
Nuveen Santa Barbara Dvd MMF 67065w662 266 7,488 SH   SOLE   7,488 0 0
Nuveen Short Term Bd Fd MMF 670678648 119 12,022 SH   SOLE   12,022 0 0
Nuveen Small Cap MMF 67064y727 206 4,596 SH   SOLE   4,596 0 0
Nuveen Symphony Large Cap MMF 67065w449 268 7,922 SH   SOLE   7,922 0 0
Nuveen Symphony Mid-Cap Core F MMF 67065w571 425 11,435 SH   SOLE   11,435 0 0