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
AT&T INC COM 00206r102 5,105 130,336 SH   SOLE   129,936 0 400
ABBVIE INC COM 00287y109 2,130 23,969 SH   SOLE   23,969 0 0
ABBOTT LABS COM 002824100 2,094 39,241 SH   SOLE   39,241 0 0
AEVI GENOMIC MEDICINE INC COM 00835P105 19 15,143 SH   SOLE   15,143 0 0
AFLAC INC COM 001055102 293 3,602 SH   SOLE   3,602 0 0
AIR PRODS & CHEMS INC COM 009158106 9,642 63,763 SH   SOLE   61,263 0 2,500
ALPS ETF TR ALERIAN MLP 00162Q866 146 13,000 SH   SOLE   13,000 0 0
ALPHABET INC CAP STK CL C 02079K107 610 636 SH   SOLE   636 0 0
ALPHABET INC CAP STK CL A 02079K305 544 559 SH   SOLE   559 0 0
ALTRIA GROUP INC COM 02209S103 10,615 167,374 SH   SOLE   159,024 0 8,350
AMAZON COM INC COM 023135106 691 719 SH   SOLE   719 0 0
AMERIGAS PARTNERS L P UNIT L P INT 030975106 5,485 122,057 SH   SOLE   120,207 0 1,850
AMERICAN ELEC PWR INC COM 025537101 588 8,370 SH   SOLE   7,870 0 500
AMERICAN EXPRESS CO COM 025816109 897 9,911 SH   SOLE   7,911 0 2,000
AMERICAN NATL INS CO COM 028591105 8,672 73,438 SH   SOLE   66,413 0 7,025
AMERIPRISE FINL INC COM 03076C106 241 1,626 SH   SOLE   1,626 0 0
ANTHEM INC COM 036752103 2,635 13,879 SH   SOLE   13,879 0 0
APPLE INC COM 037833100 12,061 78,255 SH   SOLE   74,280 0 3,975
ATMOS ENERGY CORP COM 049560105 247 2,950 SH   SOLE   2,950 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 256 2,345 SH   SOLE   2,345 0 0
BB&T CORP COM 054937107 7,210 153,610 SH   SOLE   147,185 0 6,425
BANK AMER CORP COM 060505104 1,603 63,254 SH   SOLE   63,254 0 0
BAXTER INTL INC COM 071813109 293 4,670 SH   SOLE   4,670 0 0
BECTON DICKINSON & CO COM 075887109 575 2,932 SH   SOLE   1,684 0 1,248
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 50,297 274,369 SH   SOLE   257,710 0 16,659
BLACKROCK INC COM 09247X101 237 530 SH   SOLE   530 0 0
BOEING CO COM 097023105 28,769 113,169 SH   SOLE   105,707 0 7,462
BRISTOL MYERS SQUIBB CO COM 110122108 12,386 194,327 SH   SOLE   181,852 0 12,475
CIGNA CORPORATION COM 125509109 224 1,200 SH   SOLE   1,200 0 0
CVS HEALTH CORP COM 126650100 232 2,850 SH   SOLE   2,775 0 75
CANADIAN NATL RY CO COM 136375102 526 6,350 SH   SOLE   6,350 0 0
CATERPILLAR INC DEL COM 149123101 18,075 144,933 SH   SOLE   134,408 0 10,525
CENTRAL FD CDA LTD CL A 153501101 956 75,450 SH   SOLE   69,750 0 5,700
CHEVRON CORP NEW COM 166764100 10,026 85,325 SH   SOLE   83,625 0 1,700
CHURCH & DWIGHT INC COM 171340102 368 7,600 SH   SOLE   7,600 0 0
CISCO SYS INC COM 17275R102 236 7,013 SH   SOLE   7,013 0 0
COCA COLA CO COM 191216100 8,079 179,500 SH   SOLE   169,418 0 10,082
COLGATE PALMOLIVE CO COM 194162103 4,736 65,008 SH   SOLE   60,658 0 4,350
CONOCOPHILLIPS COM 20825C104 8,736 174,543 SH   SOLE   159,893 0 14,650
CONSOLIDATED EDISON INC COM 209115104 236 2,921 SH   SOLE   2,921 0 0
CRACKER BARREL OLD CTRY STOR COM 22410j106 8,035 52,995 SH   SOLE   51,295 0 1,700
CSX CORP COM 126408103 17,338 319,529 SH   SOLE   298,929 0 20,600
CUMMINS INC COM 231021106 235 1,400 SH   SOLE   1,400 0 0
DEERE & CO COM 244199105 14,664 116,764 SH   SOLE   110,764 0 6,000
DELL TECHNOLOGIES INC COM CL V 24703l103 467 6,049 SH   SOLE   5,661 0 388
DIAGEO P L C SPON ADR NEW 25243Q205 1,998 15,120 SH   SOLE   15,120 0 0
DOWDUPONT INC COM 26078j100 2,317 33,475 SH   SOLE   31,738 0 1,737
DUKE ENERGY CORP NEW COM NEW 26441c204 11,682 139,209 SH   SOLE   130,592 0 8,617
EATON CORP PLC SHS G29183103 200 2,610 SH   SOLE   2,610 0 0
LILLY ELI & CO COM 532457108 453 5,300 SH   SOLE   4,900 0 400
EMERSON ELEC CO COM 291011104 14,848 236,275 SH   SOLE   219,289 0 16,986
ENBRIDGE INC COM 29250n105 6,308 150,755 SH   SOLE   138,673 0 12,082
ENTERPRISE PRODS PARTNERS L COM 293792107 448 17,186 SH   SOLE   17,186 0 0
EXPRESS SCRIPTS HLDG CO COM 30219g108 4,770 75,329 SH   SOLE   69,088 0 6,241
EXXON MOBIL CORP COM 30231g102 13,082 159,578 SH   SOLE   147,175 0 12,403
FRP HLDGS INC COM 30292L107 20,426 451,394 SH   SOLE   277,895 0 173,499
FACEBOOK INC CL A 30303M102 254 1,488 SH   SOLE   1,488 0 0
FEDEX CORP COM 31428X106 219 972 SH   SOLE   972 0 0
FIRST BANCORP N C COM 318910106 218 6,349 SH   SOLE   2,025 0 4,324
FLOWERS FOODS INC COM 343498101 660 35,076 SH   SOLE   27,885 0 7,191
FORD MTR CO DEL COM PAR $0.01 345370860 10,190 851,286 SH   SOLE   801,486 0 49,800
FREEPORT-MCMORAN INC CL B 35671D857 987 70,325 SH   SOLE   64,125 0 6,200
GENERAL DYNAMICS CORP COM 369550108 596 2,900 SH   SOLE   2,900 0 0
GENERAL ELECTRIC CO COM 369604103 14,371 594,347 SH   SOLE   544,997 0 49,350
GENERAL MLS INC COM 370334104 1,466 28,315 SH   SOLE   28,315 0 0
GENUINE PARTS CO COM 372460105 1,091 11,403 SH   SOLE   11,403 0 0
GILEAD SCIENCES INC COM 375558103 248 3,064 SH   SOLE   3,064 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 216 910 SH   SOLE   910 0 0
HEICO CORP NEW COM 422806109 3,347 37,271 SH   SOLE   26,327 0 10,944
HARRIS CORP DEL COM 413875105 242 1,840 SH   SOLE   1,840 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 3,055 91,554 SH   SOLE   86,904 0 4,650
HOME DEPOT INC COM 437076102 5,051 30,881 SH   SOLE   26,757 0 4,124
HONEYWELL INTL INC COM 438516106 3,993 28,170 SH   SOLE   26,820 0 1,350
ILLINOIS TOOL WKS INC COM 452308109 2,639 17,837 SH   SOLE   17,837 0 0
INVIVO THERAPEUTICS HLDGS CO COM NEW 46186M209 43 30,000 SH   SOLE   30,000 0 0
INTEL CORP COM 458140100 15,623 410,259 SH   SOLE   388,809 0 21,450
INTERNATIONAL BUSINESS MACHS COM 459200101 8,782 60,531 SH   SOLE   57,406 0 3,125
SMUCKER J M CO COM NEW 832696405 310 2,950 SH   SOLE   2,950 0 0
JPMORGAN CHASE & CO COM 46625H100 6,971 72,991 SH   SOLE   71,691 0 1,300
JOHNSON & JOHNSON COM 478160104 34,517 265,497 SH   SOLE   244,778 0 20,719
KINDER MORGAN INC DEL COM 49456B101 2,390 124,595 SH   SOLE   120,295 0 4,300
KRAFT HEINZ CO COM 500754106 1,823 23,511 SH   SOLE   22,312 0 1,199
LOCKHEED MARTIN CORP COM 539830109 9,104 29,341 SH   SOLE   28,316 0 1,025
LOWES COS INC COM 548661107 356 4,455 SH   SOLE   4,455 0 0
MATINAS BIOPHARMA HLDGS INC COM 576810105 105 79,800 SH   SOLE   79,800 0 0
MCDONALDS CORP COM 580135101 21,425 136,745 SH   SOLE   126,045 0 10,700
MERCK & CO INC COM 58933Y105 1,375 21,475 SH   SOLE   18,175 0 3,300
MICROSOFT CORP COM 594918104 14,338 192,480 SH   SOLE   182,980 0 9,500
3M CO COM 88579y101 19,004 90,538 SH   SOLE   83,538 0 7,000
MONDELEZ INTL INC CL A 609207105 2,538 62,419 SH   SOLE   58,619 0 3,800
MONSANTO CO NEW COM 61166W101 596 4,975 SH   SOLE   3,325 0 1,650
NEXTERA ENERGY INC COM 65339F101 450 3,068 SH   SOLE   3,068 0 0
NIKE INC CL B 654106103 2,408 46,445 SH   SOLE   46,445 0 0
NORDSTROM INC COM 655664100 839 17,800 SH   SOLE   16,500 0 1,300
NORFOLK SOUTHERN CORP COM 655844108 13,010 98,383 SH   SOLE   95,608 0 2,775
NORTHROP GRUMMAN CORP COM 666807102 4,867 16,916 SH   SOLE   16,816 0 100
NOVARTIS A G SPONSORED ADR 66987V109 270 3,145 SH   SOLE   3,145 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 986 15,360 SH   SOLE   15,360 0 0
OPKO HEALTH INC COM 68375N103 124 18,119 SH   SOLE   18,119 0 0
ORACLE CORP COM 68389X105 10,192 210,800 SH   SOLE   198,275 0 12,525
PPG INDS INC COM 693506107 456 4,200 SH   SOLE   4,200 0 0
PATRIOT TRANSN HLDG INC COM 70338W105 2,889 144,876 SH   SOLE   0 0 144,876
PAYPAL HLDGS INC COM 70450Y103 2,334 36,454 SH   SOLE   34,704 0 1,750
PEPSICO INC COM 713448108 18,743 168,207 SH   SOLE   157,303 0 10,904
PFIZER INC COM 717081103 4,032 112,938 SH   SOLE   109,638 0 3,300
PHILIP MORRIS INTL INC COM 718172109 9,891 89,104 SH   SOLE   85,354 0 3,750
PHILLIPS 66 COM 718546104 9,534 104,073 SH   SOLE   95,703 0 8,370
PIONEER NAT RES CO COM 723787107 428 2,900 SH   SOLE   2,900 0 0
PROCTER AND GAMBLE CO COM 742718109 15,528 170,680 SH   SOLE   160,680 0 10,000
QUALCOMM INC COM 747525103 216 4,166 SH   SOLE   4,166 0 0
RAYTHEON CO COM NEW 755111507 466 2,496 SH   SOLE   2,496 0 0
REGENCY CTRS CORP COM 758849103 423 6,822 SH   SOLE   6,095 0 727
REGIONS FINL CORP NEW COM 7591ep100 488 32,071 SH   SOLE   32,071 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 255 4,203 SH   SOLE   4,203 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 23,106 70,806 SH   SOLE   66,531 0 4,275
SPDR S&P 500 ETF TR TR UNIT 78462F103 326 1,297 SH   SOLE   1,297 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 253 2,775 SH   SOLE   2,775 0 0
SCHLUMBERGER LTD COM 806857108 1,592 22,825 SH   SOLE   22,675 0 150
SOUTHERN CO COM 842587107 16,540 336,587 SH   SOLE   319,412 0 17,175
STARBUCKS CORP COM 855244109 5,781 107,628 SH   SOLE   102,378 0 5,250
STEIN MART INC COM 858375108 51 38,900 SH   SOLE   38,900 0 0
STRYKER CORP COM 863667101 765 5,389 SH   SOLE   3,675 0 1,714
SYSCO CORP COM 871829107 1,014 18,790 SH   SOLE   16,290 0 2,500
TARGET CORP COM 87612E106 224 3,800 SH   SOLE   3,700 0 100
TEXAS INSTRS INC COM 882508104 242 2,705 SH   SOLE   2,605 0 100
TOTAL S A SPONSORED ADR 89151E109 214 4,000 SH   SOLE   4,000 0 0
TRAVELERS COMPANIES INC COM 89417e109 4,005 32,686 SH   SOLE   32,186 0 500
PROSHARES TR PSHS ULT S&P 500 74347R107 600 6,200 SH   SOLE   6,200 0 0
UNILEVER N V N Y SHS NEW 904784709 298 5,039 SH   SOLE   5,039 0 0
UNITED PARCEL SERVICE INC CL B 911312106 221 1,844 SH   SOLE   1,844 0 0
UNITED TECHNOLOGIES CORP COM 913017109 14,832 127,772 SH   SOLE   121,946 0 5,826
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 239 2,520 SH   SOLE   2,520 0 0
VANGUARD INDEX FDS SML CP GRW ETF 922908595 733 4,800 SH   SOLE   4,800 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 1,957 15,315 SH   SOLE   14,415 0 900
VANGUARD INDEX FDS MID CAP ETF 922908629 1,093 7,435 SH   SOLE   7,435 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 11,590 234,191 SH   SOLE   226,378 0 7,813
VISA INC COM CL A 92826C839 1,089 10,347 SH   SOLE   9,147 0 1,200
VODAFONE GROUP PLC NEW SPONSORED ADR 92857w308 494 17,359 SH   SOLE   17,121 0 238
VULCAN MATLS CO COM 929160109 15,190 127,010 SH   SOLE   108,050 0 18,960
WAL-MART STORES INC COM 931142103 1,454 18,605 SH   SOLE   17,505 0 1,100
WALGREENS BOOTS ALLIANCE INC COM 931427108 8,114 105,077 SH   SOLE   97,777 0 7,300
DISNEY WALT CO COM DISNEY 254687106 4,141 42,012 SH   SOLE   39,867 0 2,145
WELLS FARGO CO NEW COM 949746101 10,244 185,753 SH   SOLE   170,956 0 14,797
WEYERHAEUSER CO COM 962166104 4,259 125,168 SH   SOLE   114,812 0 10,356
YUM BRANDS INC COM 988498101 367 4,988 SH   SOLE   3,668 0 1,320
SPDR GOLD TRUST GOLD SHS 78463V107 3,365 27,674 SH   SOLE   25,889 0 1,785
ISHARES TR EAFE GRWTH ETF 464288885 1,393 20,342 SH   SOLE   20,342 0 0
ISHARES INC MSCI AUST ETF 464286103 2,760 122,982 SH   SOLE   111,532 0 11,450
ISHARES INC MSCI BRZ CAP ETF 464286400 367 8,792 SH   SOLE   7,542 0 1,250
ISHARES TR MSCI EMG MKT ETF 464287234 538 12,000 SH   SOLE   12,000 0 0
ALLIANZGI CONV & INCOME FD COM 018828103 95 13,400 SH   SOLE   10,800 0 2,600
BB&T Corp PFD 054937206 2,336 92,085 SH   SOLE   84,960 0 7,125
Charles Schwab Corp PFD 808513204 305 12,000 SH   SOLE   12,000 0 0
Goldman Sachs Group PFD 38144x500 1,390 52,933 SH   SOLE   48,933 0 4,000
Goldman Sachs Group Floating R PFD 38143Y665 13,851 582,229 SH   SOLE   565,379 0 16,850
Metlife Inc. Floating Rate PFD 59156R504 16,996 678,480 SH   SOLE   655,130 0 23,350
Morgan Stanley PFD 61761J406 4,745 167,415 SH   SOLE   163,415 0 4,000
Morgan Stanley Floating Rate PFD 61747S504 4,928 213,700 SH   SOLE   213,700 0 0