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
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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 301 12,000 SH   SOLE   12,000 0 0
Nextera Energy Cap Pfd 5.625 PFD 65339k704 203 8,000 SH   SOLE   8,000 0 0
Stanley Black & Decker 5.75% PFD 854502705 310 12,000 SH   SOLE   12,000 0 0
3M Company COM 88579y101 442 2,939 SH   SOLE   2,939 0 0
AbbVie Inc. COM 00287y109 22,080 372,728 SH   SOLE   372,728 0 0
Alliance Data Systems COM 018581108 271 980 SH   SOLE   980 0 0
Allstate COM 020002101 1,105 17,804 SH   SOLE   17,804 0 0
Alphabet Class-C Share COM 02079K107 1,392 1,835 SH   SOLE   1,835 0 0
Alphabet Inc. Class A COM 02079k305 28,145 36,176 SH   SOLE   36,176 0 0
Ameriprise Financial Inc. COM 03076C106 8,889 83,530 SH   SOLE   83,530 0 0
Amgen COM 031162100 22,815 140,550 SH   SOLE   140,550 0 0
Apple Inc. COM 037833100 33,671 319,893 SH   SOLE   319,893 0 0
Archer Daniels Midland COM 039483102 2,282 62,225 SH   SOLE   62,225 0 0
BB&T Corporation COM 054937107 492 13,027 SH   SOLE   13,027 0 0
Bank Of America Corp COM 060505104 19,501 1,158,721 SH   SOLE   1,158,721 0 0
Boeing Co. COM 097023105 24,992 172,852 SH   SOLE   172,852 0 0
Brinker International COM 109641100 1,758 36,680 SH   SOLE   36,680 0 0
Bristol Myers Squibb COM 110122108 459 6,686 SH   SOLE   6,686 0 0
CNOOC Limited ADR COM 126132109 12,309 117,928 SH   SOLE   117,928 0 0
CSRA Inc. COM 12650T104 872 29,073 SH   SOLE   29,073 0 0
CVS Health Corp COM 126650100 25,037 256,085 SH   SOLE   256,085 0 0
Cardinal Health Inc. COM 14149y108 23,231 260,238 SH   SOLE   260,238 0 0
Carolina Financial Group COM 143873107 475 26,400 SH   SOLE   26,400 0 0
Celgene COM 151020104 23,566 196,784 SH   SOLE   196,784 0 0
Chubb Limited COM h1467j104 200 1,511 SH   SOLE   1,511 0 0
Cisco Systems COM 17275R102 22,668 834,795 SH   SOLE   834,795 0 0
Citigroup Inc. COM 172967424 297 5,750 SH   SOLE   5,750 0 0
Coca-Cola Co. COM 191216100 1,810 42,144 SH   SOLE   42,144 0 0
Cognizant Technology Solutions COM 192446102 20,737 345,518 SH   SOLE   345,518 0 0
Computer Sciences Corp. COM 205363104 16,348 500,265 SH   SOLE   500,265 0 0
ConocoPhillips COM 20825C104 616 13,198 SH   SOLE   13,198 0 0
Cummins Engine COM 231021106 3,381 38,420 SH   SOLE   38,420 0 0
Delta Air Lines COM 247361702 26,863 529,966 SH   SOLE   529,966 0 0
Dominion Resources, Inc. COM 25746U109 19,613 289,974 SH   SOLE   289,974 0 0
Du Pont COM 263534109 203 3,058 SH   SOLE   3,058 0 0
Energy Finders Inc. COM 29268c109 0 10,000 SH   SOLE   10,000 0 0
Express Scripts, Inc. COM 30219g108 225 2,575 SH   SOLE   2,575 0 0
FedEx Corp COM 31428X106 21,452 143,988 SH   SOLE   143,988 0 0
First Bancorp NC COM 318910106 456 24,386 SH   SOLE   24,386 0 0
Fiserv Inc. COM 337738108 23,575 257,767 SH   SOLE   257,767 0 0
Foot Locker, Inc. COM 344849104 21,182 325,427 SH   SOLE   325,427 0 0
General Dynamics COM 369550108 24,925 181,461 SH   SOLE   181,461 0 0
General Elec Co. COM 369604103 11,697 375,525 SH   SOLE   375,525 0 0
Gilead Sciences Inc. COM 375558103 20,882 206,374 SH   SOLE   206,374 0 0
Goldman Sachs Group COM 38141G104 22,907 127,104 SH   SOLE   127,104 0 0
Goodyear Tire & Rubber COM 382550101 22,440 686,884 SH   SOLE   686,884 0 0
Hain Celestial Group Inc COM 405217100 19,439 481,288 SH   SOLE   481,288 0 0
Halliburton Co. COM 406216101 14,194 417,005 SH   SOLE   417,005 0 0
Home Depot Inc. COM 437076102 23,855 180,381 SH   SOLE   180,381 0 0
Humana Inc. COM 444859102 387 2,170 SH   SOLE   2,170 0 0
IShares Russell Mid-Cap Index COM 464287499 2,337 14,591 SH   SOLE   14,591 0 0
Ingram Micro Inc. COM 457153104 23,867 785,631 SH   SOLE   785,631 0 0
International Paper COM 460146103 14,169 375,861 SH   SOLE   375,861 0 0
J. P. Morgan COM 46625H100 286 4,335 SH   SOLE   4,335 0 0
Jabil Circuit, Inc. COM 466313103 1,667 71,600 SH   SOLE   71,600 0 0
Japan (iShares MSCI Index) COM 464286848 338 27,900 SH   SOLE   27,900 0 0
Kinder Morgan Inc. COM 49456b101 729 48,900 SH   SOLE   48,900 0 0
Lincoln National Corporation COM 534187109 6,914 137,567 SH   SOLE   137,567 0 0
Lowe's Companies Inc. COM 548661107 490 6,446 SH   SOLE   6,446 0 0
MSCI EAFE ETF COM 464287465 2,983 50,802 SH   SOLE   50,802 0 0
Manitowoc Inc Com COM 563571108 1,028 67,000 SH   SOLE   67,000 0 0
McKesson Corporation COM 58155q103 18,185 92,206 SH   SOLE   92,206 0 0
Medtronic PLC COM G5960L103 23,212 301,777 SH   SOLE   301,777 0 0
Merck & Co. COM 58933y105 21,008 397,743 SH   SOLE   397,743 0 0
Microchip Technology Inc. COM 595017104 586 12,600 SH   SOLE   12,600 0 0
Microsoft Corp. COM 594918104 27,131 489,033 SH   SOLE   489,033 0 0
Monster Worldwide COM 611742107 57 10,000 SH   SOLE   10,000 0 0
Mylan NV COM n59465109 3,423 63,310 SH   SOLE   63,310 0 0
NVR Inc. COM 62944T105 12,818 7,802 SH   SOLE   7,802 0 0
PTC Inc. COM 69370c100 334 9,650 SH   SOLE   9,650 0 0
Phillips 66 COM 718546104 19,660 240,343 SH   SOLE   240,343 0 0
Qualcomm Inc. COM 747525103 1,571 31,440 SH   SOLE   31,440 0 0
R2000 ETF COM 464287655 2,166 19,234 SH   SOLE   19,234 0 0
Reliance Steel & Aluminum COM 759509102 16,822 290,488 SH   SOLE   290,488 0 0
Ross Stores Inc. COM 778296103 207 3,850 SH   SOLE   3,850 0 0
S&P 400 ETF COM 464287507 993 7,133 SH   SOLE   7,133 0 0
Schlumberger Limited COM 806857108 13,723 196,757 SH   SOLE   196,757 0 0
Simon PPTY Group COM 828806109 1,166 6,000 SH   SOLE   6,000 0 0
Skyworks Solutions Inc. COM 83088m102 18,064 235,124 SH   SOLE   235,124 0 0
Standard & Poors Depository Re COM 78462F103 2,513 12,328 SH   SOLE   12,328 0 0
Starbucks Corp. COM 855244109 454 7,575 SH   SOLE   7,575 0 0
SunTrust Banks Inc. COM 867914103 21,756 507,853 SH   SOLE   507,853 0 0
Synchrony Financial COM 87165B103 22,031 724,488 SH   SOLE   724,488 0 0
TJX Cos. Inc. COM 872540109 388 5,478 SH   SOLE   5,478 0 0
Target Corp. COM 87612E106 14,261 196,419 SH   SOLE   196,419 0 0
Tyson Foods, Inc. COM 902494103 25,363 475,588 SH   SOLE   475,588 0 0
U.S. Bancorp COM 902973304 21,526 504,489 SH   SOLE   504,489 0 0
Valero Energy Corp. COM 91913y100 22,277 315,052 SH   SOLE   315,052 0 0
Vanguard Emerging COM 922042858 869 26,585 SH   SOLE   26,585 0 0
Verizon Communications COM 92343v104 25,555 552,915 SH   SOLE   552,915 0 0
Visa Inc. COM 92826c839 26,212 338,004 SH   SOLE   338,004 0 0
Walt Disney Co. COM 254687106 25,299 240,766 SH   SOLE   240,766 0 0
Wells Fargo & Co. COM 949746101 22,745 418,425 SH   SOLE   418,425 0 0
Western Digital Corp. COM 958102105 563 9,388 SH   SOLE   9,388 0 0
Westrock Co COM 96145D105 977 21,425 SH   SOLE   21,425 0 0
DFA Core Equity 2 MMF 23320339p 194 11,910 SH   SOLE   11,910 0 0
DFA Emerg Mkt MMF 233203421 489 31,073 SH   SOLE   31,073 0 0
DFA Intl. Value Port. MMF 25434d203 174 10,865 SH   SOLE   10,865 0 0
DFA Inv. Dim. Micro MMF 23320350r 194 11,130 SH   SOLE   11,130 0 0
DFA Inv. Dimension Grp MMF 23320384p 431 15,210 SH   SOLE   15,210 0 0
DFA Real Estate Sec. MMF 233203835 200 6,063 SH   SOLE   6,063 0 0
DFA US Core Equity 2 MMF 233203397 555 33,951 SH   SOLE   33,951 0 0
DFA intl Core Eq Fd MMF 233203371 1,002 88,047 SH   SOLE   88,047 0 0