Karon O. Bowdre

Cap World Growth&Inc. (IRA) — Int/Div

Euro Pac Growth (IRA) — Int/Div — Sold (part)

Euro Pac Growth (IRA) — Int/Div — Sold (part)

Invest. Co. of America (IRA) — Int/Div

Wash. Mutual Inv. Fund (IRA) — Int/Div

Fidclity Disc. Equity (IRA) — Int/Div — Sold

Trust; Inc. Bene; _ =Trustee; See Part VIII — Int/Div

Regions Bank Acct — Interest

Trust II; Inc. Bene; _ =Trustee; See Part VIII — Int/Div

401(k)-John Hancock: See Part VIII — Int/Div — Buy (add'l)

Lawfirm Cap. Contrib, ~ See Part VII — None

Trust 111; Inc.Bene; Life Ins; Trustee= © See P.VIII — None

Trust 1V;Inc.Bene,; Lifelns.; Trustee= See Part VIII — None

Merrill Lynch Bank Deposit Program — Interest

Columbia Funds, Int'l Value Fd. Inv. CL A — Int/Div — Sold (part)

Merrill Lynch Bank Deposit Prg — Interest

Perkins Fd-Small Cap&Value Fund (IRA) — Int/Div

T. Rowe Price Mid-Cap Growth Fund (IRA) — Int/Div

General Electric Co., Common Stock — Int/Div

MetLife (New England Financial) Perm Life Ins. — Int/Div

MetLife (New England Financial) Perm Life Ins. — Int/Div

Metlife Perm. Life Ins. — Int/Div

T. Rowe Price Mid Cap Growth Fund — Int/Div

Capital World Growth — Int/Div

Capital World Growth — Int/Div

Intermediate Bond Fund of America — Int/Div

Real Estate Investment, Panama City, FL — None

Amencan Fundamental Investors Class F — Int/Div

Fidelity Funds Cash Reserves — Int/Div

ING - Life Insurance Policy — Int/Div

LLC #4 - Iris, LLC, Real estate investment; Birmingham, AL — Distribution

New World Fund — Int/Div

Fairholme FDS, Inc — Int/Div

Royce Special Equity — Int/Div

American Cent Tax — Int/Div — Sold

Proshares Ultra — Int/Div — Sold

American Cent Equity Income Fd — Int/Div — Buy (add'l)

American Bond Fund — Int/Div

Neuberger Berman Equity — Int/Div — Buy (add'l)

PIMCO Total Retum Fund — Int/Div

American Century Equity Income — Int/Div

American Bond Fund of America — Int/Div

Neuberger Berman Equity — Int/Div

PIMCO Total Retum Fund — Int/Div

Hussman Strat TR — Int/Div — Sold

Managers Fremont Bond — Int/Div

Loomis Sayles Bond Fund — Int/Div

Asia Pacific High Div — Int/Div

Aberdeen Asia — Int/Div

ING Risk Managed Net Resources — Int/Div — Sold

Cushing MLP Total Retum — Int/Div

Emerging Market Bond — Int/Div

First Commercial Bank — Interest

American Washington Mutual Investors — Int/Div — Buy

Nucor Corporation — Int/Div — Buy

Permanent Portfolio — Int/Div — Buy

Matthew Asia Pacific EQ — Int/Div — Buy

Principal Diversified Real — Int/Div — Buy

Agreement — 2001 — Samford University (Defined Benefit Plan) - vested benefits in plan of former employer

Reimbursement — William Matthew Byme Jr Judicial Clerkship Institute — 3/17/11 - 3/20/11 — Pepperdine University (Malibu, CA) — Judicial Clerkship Seminar — Reimbursement for lodging, travel & meals

Income — 2011 — Juliette Farms fka Kaybee Saddlebreeds (Breed, Train & Show American Saddlebred Horses) — $0.00

Spouse's income — 2011 — Self-Employed Law Practice

Trust I is a trust created by family members other than the reporting person

Its asset is an interest in

that is invested through

Eagle Asset Mangement SCG, Blackrock Equity Dividend Fund, Neuberger Berman Int'l Core, Neuberger Berman Large Cap

Growth, Merrill Lynch Personal Advisor Program and Perkins/Janus MCV.

Boyd Watterson Fixed Income, Wealth Core-NOESIS, WCM, Lakeshore Capital, W.H. Reaves & Co., Sterne Agec Prime

Cash Acct, Minneapolis Port Management and Dana Investments. Investment accts and allocations are selected

Trust 11 is a trust created by family members other than the reporting person or spouse. Its assct is an interest in

that is invested through

in manager directed investments (sce above)

401(k): (Line 27) John Hancock Pensions: Investments are in Investment Company of America, Income Fund of America, Davis New York Venture, S00 Index

Fund, Europacific Growth Fund, and American Century Heritage. Contributions to the Plan and purchases by the Plan to the preselected funds are made

throughout the year

I

is in the law firm

Lawfirm Capital Contribution

Sh

=

Trust III owns a life insurance policy issued by Phoenix Mutual Life Insurance Company and stock issued by Phoenix Mutual

Trust IV owns a life insurance policy issued by Northwestern Mutual Life Insurance Company

Partial Sales in some holdings did not change year-end category listings

Deletion of some holdings in previous reported years effectuated a change in numbering for subsequent entries

Total sales in previous years caused the deletion of former lines 40, 42, 47, 68, 88, 89, 91, 92, 93, 94, 96, 97, 98, 99

Separate lincs in previous reports that were reflecting multiple trades in the same investment for the previous year were deleted and consolidated in this report to

reflect the single investment holding