Welch 13F-HR Quarterly holdings report by institutional manager

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
3M CO	COMMON	88579Y101	31,103	208,911	SH		SOLE		0	0	208,911
ABBOTT LABS	COMMON	002824100	5,228	44,169	SH		SOLE		0	0	44,169
ABBVIE INC	COMMON	00287Y109	61,327	378,307	SH		SOLE		0	0	378,307
ACCENTURE PLC IRELAND	COMMON	G1151C101	3,581	10,620	SH		SOLE		0	0	10,620
ADOBE SYSTEMS INCORPORATED	COMMON	00724F101	230	505	SH		SOLE		0	0	505
ADVANCED MICRO DEVICES INC	COMMON	007903107	367	3,356	SH		SOLE		0	0	3,356
AEROJET ROCKETDYNE HLDGS INC	COMMON	007800105	254	6,461	SH		SOLE		0	0	6,461
AFLAC INC	COMMON	001055102	2,259	35,083	SH		SOLE		0	0	35,083
AIR PRODS & CHEMS INC	COMMON	009158106	261	1,043	SH		SOLE		0	0	1,043
ALAUNOS THERAPEUTICS INC	COMMON	98973P101	31	48,000	SH		SOLE		0	0	48,000
ALBEMARLE CORP	COMMON	012653101	379	1,712	SH		SOLE		0	0	1,712
ALPHABET INC	COMMON	02079K107	1,559	558	SH		SOLE		0	0	558
ALPHABET INC	COMMON	02079K305	6,072	2,183	SH		SOLE		0	0	2,183
ALTRIA GROUP INC	COMMON	02209S103	1,915	36,646	SH		SOLE		0	0	36,646
AMAZON COM INC	COMMON	023135106	6,273	1,924	SH		SOLE		0	0	1,924
AMERICAN ELEC PWR CO INC	COMMON	025537101	757	7,591	SH		SOLE		0	0	7,591
AMERICAN EXPRESS CO	COMMON	025816109	2,445	13,076	SH		SOLE		0	0	13,076
ANNALY CAPITAL MANAGEMENT IN	COMMON	035710409	274	38,989	SH		SOLE		0	0	38,989
AON PLC	COMMON	G0403H108	1,853	5,690	SH		SOLE		0	0	5,690
APPLE INC	COMMON	037833100	64,135	367,307	SH		SOLE		0	0	367,307
ARCHER DANIELS MIDLAND CO	COMMON	039483102	270	2,994	SH		SOLE		0	0	2,994
AT&T INC	COMMON	00206R102	4,753	201,145	SH		SOLE		0	0	201,145
AUTOMATIC DATA PROCESSING IN	COMMON	053015103	423	1,859	SH		SOLE		0	0	1,859
BANCO BILBAO VIZCAYA ARGENTA	COMMON	05946K101	923	162,246	SH		SOLE		0	0	162,246
BANK NEW YORK MELLON CORP	COMMON	064058100	215	4,336	SH		SOLE		0	0	4,336
BAXTER INTL INC	COMMON	071813109	211	2,720	SH		SOLE		0	0	2,720
BERKSHIRE HATHAWAY INC DEL	COMMON	084670702	9,108	25,809	SH		SOLE		0	0	25,809
BK OF AMERICA CORP	COMMON	060505104	3,143	76,237	SH		SOLE		0	0	76,237
BLACKROCK INC	COMMON	09247X101	481	630	SH		SOLE		0	0	630
BLACKSTONE INC	COMMON	09260D107	4,671	36,799	SH		SOLE		0	0	36,799
BOEING CO	COMMON	097023105	466	2,434	SH		SOLE		0	0	2,434
BP PRUDHOE BAY RTY TR	COMMON	055630107	163	10,899	SH		SOLE		0	0	10,899
BRISTOL-MYERS SQUIBB CO	COMMON	110122108	5,239	71,740	SH		SOLE		0	0	71,740
CAPITAL ONE FINL CORP	COMMON	14040H105	301	2,296	SH		SOLE		0	0	2,296
CATERPILLAR INC	COMMON	149123101	6,999	31,412	SH		SOLE		0	0	31,412
CHEVRON CORP NEW	COMMON	166764100	62,444	383,491	SH		SOLE		0	0	383,491
CHUBB LIMITED	COMMON	H1467J104	601	2,809	SH		SOLE		0	0	2,809
CINCINNATI FINL CORP	COMMON	172062101	48,533	356,963	SH		SOLE		0	0	356,963
CISCO SYS INC	COMMON	17275R102	5,330	95,584	SH		SOLE		0	0	95,584
CITIGROUP INC	COMMON	172967424	300	5,617	SH		SOLE		0	0	5,617
CLOROX CO DEL	COMMON	189054109	351	2,525	SH		SOLE		0	0	2,525
CNH INDL N V	COMMON	N20944109	293	18,500	SH		SOLE		0	0	18,500
COCA COLA CO	COMMON	191216100	13,513	217,949	SH		SOLE		0	0	217,949
COLGATE PALMOLIVE CO	COMMON	194162103	40,065	528,349	SH		SOLE		0	0	528,349
COMCAST CORP NEW	COMMON	20030N101	313	6,686	SH		SOLE		0	0	6,686
CONOCOPHILLIPS	COMMON	20825C104	727	7,273	SH		SOLE		0	0	7,273
CONSOLIDATED EDISON INC	COMMON	209115104	43,244	456,737	SH		SOLE		0	0	456,737
CONSTELLATION BRANDS INC	COMMON	21036P108	240	1,041	SH		SOLE		0	0	1,041
COSTCO WHSL CORP NEW	COMMON	22160K105	600	1,042	SH		SOLE		0	0	1,042
CRANE CO	COMMON	224399105	487	4,500	SH		SOLE		0	0	4,500
CRESCENT ENERGY COMPANY	COMMON	44952J104	923	53,227	SH		SOLE		0	0	53,227
CSX CORP	COMMON	126408103	265	7,066	SH		SOLE		0	0	7,066
CUTERA INC	COMMON	232109108	255	3,700	SH		SOLE		0	0	3,700
CVS HEALTH CORP	COMMON	126650100	462	4,569	SH		SOLE		0	0	4,569
DEERE & CO	COMMON	244199105	6,624	15,944	SH		SOLE		0	0	15,944
DIAGEO PLC	COMMON	25243Q205	966	4,757	SH		SOLE		0	0	4,757
DIAMONDBACK ENERGY INC	COMMON	25278X109	417	3,045	SH		SOLE		0	0	3,045
DISNEY WALT CO	COMMON	254687106	4,069	29,664	SH		SOLE		0	0	29,664
DOLLAR GEN CORP NEW	COMMON	256677105	3,523	15,824	SH		SOLE		0	0	15,824
DOMINION ENERGY INC	COMMON	25746U109	1,003	11,800	SH		SOLE		0	0	11,800
DOW INC	COMMON	260557103	572	8,975	SH		SOLE		0	0	8,975
DUKE ENERGY CORP NEW	COMMON	26441C204	1,795	16,072	SH		SOLE		0	0	16,072
EATON CORP PLC	COMMON	G29183103	312	2,056	SH		SOLE		0	0	2,056
EDWARDS LIFESCIENCES CORP	COMMON	28176E108	289	2,453	SH		SOLE		0	0	2,453
EMERSON ELEC CO	COMMON	291011104	42,511	433,569	SH		SOLE		0	0	433,569
ENTERGY CORP NEW	COMMON	29364G103	388	3,324	SH		SOLE		0	0	3,324
ENTERPRISE PRODS PARTNERS L	COMMON	293792107	941	36,457	SH		SOLE		0	0	36,457
EXXON MOBIL CORP	COMMON	30231G102	52,073	630,494	SH		SOLE		0	0	630,494
FIRST FNDTN INC	COMMON	32026V104	363	14,956	SH		SOLE		0	0	14,956
FORD MTR CO DEL	COMMON	345370860	465	27,527	SH		SOLE		0	0	27,527
GALLAGHER ARTHUR J & CO	COMMON	363576109	52,597	301,244	SH		SOLE		0	0	301,244
GATX CORP	COMMON	361448103	248	2,011	SH		SOLE		0	0	2,011
GENERAL DYNAMICS CORP	COMMON	369550108	268	1,113	SH		SOLE		0	0	1,113
GENERAL MLS INC	COMMON	370334104	41,882	618,462	SH		SOLE		0	0	618,462
GENUINE PARTS CO	COMMON	372460105	1,019	8,087	SH		SOLE		0	0	8,087
GILEAD SCIENCES INC	COMMON	375558103	219	3,680	SH		SOLE		0	0	3,680
GLOBAL PMTS INC	COMMON	37940X102	345	2,520	SH		SOLE		0	0	2,520
GLOBE LIFE INC	COMMON	37959E102	5,304	52,719	SH		SOLE		0	0	52,719
GOLDMAN SACHS GROUP INC	COMMON	38141G104	3,365	10,192	SH		SOLE		0	0	10,192
GRACO INC	COMMON	384109104	1,491	21,391	SH		SOLE		0	0	21,391
GT BIOPHARMA INC	COMMON	36254L209	29	10,000	SH		SOLE		0	0	10,000
HERC HLDGS INC	COMMON	42704L104	343	2,055	SH		SOLE		0	0	2,055
HOME DEPOT INC	COMMON	437076102	45,115	150,720	SH		SOLE		0	0	150,720
HONEYWELL INTL INC	COMMON	438516106	600	3,082	SH		SOLE		0	0	3,082
ICAHN ENTERPRISES LP	COMMON	451100101	211	4,071	SH		SOLE		0	0	4,071
IDACORP INC	COMMON	451107106	422	3,656	SH		SOLE		0	0	3,656
IDEX CORP	COMMON	45167R104	421	2,196	SH		SOLE		0	0	2,196
INTEL CORP	COMMON	458140100	38,379	774,405	SH		SOLE		0	0	774,405
INTERNATIONAL BUSINESS MACHS	COMMON	459200101	39,338	302,550	SH		SOLE		0	0	302,550
INTERNATIONAL PAPER CO	COMMON	460146103	218	4,719	SH		SOLE		0	0	4,719
INVESCO EXCH TRADED FD TR II	COMMON	46138E727	211	10,127	SH		SOLE		0	0	10,127
INVESCO EXCHANGE TRADED FD T	COMMON	46137V613	591	3,458	SH		SOLE		0	0	3,458
INVESCO QQQ TR	COMMON	46090E103	1,173	3,236	SH		SOLE		0	0	3,236
IRON MTN INC NEW	COMMON	46284V101	251	4,531	SH		SOLE		0	0	4,531
ISHARES SILVER TR	COMMON	46428Q109	426	18,613	SH		SOLE		0	0	18,613
ISHARES TR	COMMON	464287507	223	832	SH		SOLE		0	0	832
ISHARES TR	COMMON	464287168	415	3,237	SH		SOLE		0	0	3,237
ISHARES TR	COMMON	464287465	436	5,922	SH		SOLE		0	0	5,922
ISHARES TR	COMMON	464287804	436	4,039	SH		SOLE		0	0	4,039
ISHARES TR	COMMON	464287309	519	6,801	SH		SOLE		0	0	6,801
ISHARES TR	COMMON	464288810	609	9,990	SH		SOLE		0	0	9,990
ISHARES TR	COMMON	464287200	3,431	7,563	SH		SOLE		0	0	7,563
J P MORGAN EXCHANGE-TRADED F	COMMON	46641Q399	226	2,765	SH		SOLE		0	0	2,765
JOHNSON & JOHNSON	COMMON	478160104	47,835	269,906	SH		SOLE		0	0	269,906
JPMORGAN CHASE & CO	COMMON	46625H100	31,720	232,684	SH		SOLE		0	0	232,684
KELLOGG CO	COMMON	487836108	247	3,826	SH		SOLE		0	0	3,826
KIMBERLY-CLARK CORP	COMMON	494368103	34,377	279,125	SH		SOLE		0	0	279,125
KRAFT HEINZ CO	COMMON	500754106	502	12,748	SH		SOLE		0	0	12,748
LILLY ELI & CO	COMMON	532457108	1,843	6,434	SH		SOLE		0	0	6,434
LOCKHEED MARTIN CORP	COMMON	539830109	48,297	109,419	SH		SOLE		0	0	109,419
LUMEN TECHNOLOGIES INC	COMMON	550241103	204	18,130	SH		SOLE		0	0	18,130
MARTIN MARIETTA MATLS INC	COMMON	573284106	320	831	SH		SOLE		0	0	831
MASTERCARD INCORPORATED	COMMON	57636Q104	3,428	9,592	SH		SOLE		0	0	9,592
MCDONALDS CORP	COMMON	580135101	44,474	179,853	SH		SOLE		0	0	179,853
MEDICAL PPTYS TRUST INC	COMMON	58463J304	413	19,557	SH		SOLE		0	0	19,557
MEDTRONIC PLC	COMMON	G5960L103	212	1,915	SH		SOLE		0	0	1,915
MERCK & CO INC	COMMON	58933Y105	2,379	28,996	SH		SOLE		0	0	28,996
META PLATFORMS INC	COMMON	30303M102	651	2,929	SH		SOLE		0	0	2,929
MICROCHIP TECHNOLOGY INC.	COMMON	595017104	271	3,608	SH		SOLE		0	0	3,608
MICRON TECHNOLOGY INC	COMMON	595112103	354	4,540	SH		SOLE		0	0	4,540
MICROSOFT CORP	COMMON	594918104	66,966	217,205	SH		SOLE		0	0	217,205
MONDELEZ INTL INC	COMMON	609207105	853	13,579	SH		SOLE		0	0	13,579
MUELLER INDS INC	COMMON	624756102	284	5,250	SH		SOLE		0	0	5,250
NASDAQ INC	COMMON	631103108	294	1,649	SH		SOLE		0	0	1,649
NEWMONT CORP	COMMON	651639106	257	3,238	SH		SOLE		0	0	3,238
NEXTERA ENERGY INC	COMMON	65339F101	49,362	582,723	SH		SOLE		0	0	582,723
NIKE INC	COMMON	654106103	458	3,405	SH		SOLE		0	0	3,405
NORFOLK SOUTHN CORP	COMMON	655844108	617	2,162	SH		SOLE		0	0	2,162
NORTHERN DYNASTY MINERALS LT	COMMON	66510M204	4	10,000	SH		SOLE		0	0	10,000
NORTHROP GRUMMAN CORP	COMMON	666807102	1,239	2,770	SH		SOLE		0	0	2,770
NOVARTIS AG	COMMON	66987V109	1,311	14,941	SH		SOLE		0	0	14,941
NUCOR CORP	COMMON	670346105	343	2,308	SH		SOLE		0	0	2,308
NVIDIA CORPORATION	COMMON	67066G104	6,227	22,822	SH		SOLE		0	0	22,822
ONEOK INC NEW	COMMON	682680103	733	10,380	SH		SOLE		0	0	10,380
ORACLE CORP	COMMON	68389X105	3,728	45,062	SH		SOLE		0	0	45,062
PACCAR INC	COMMON	693718108	323	3,670	SH		SOLE		0	0	3,670
PARAMOUNT GLOBAL	COMMON	92556H107	211	5,210	SH		SOLE		0	0	5,210
PAYCHEX INC	COMMON	704326107	50,929	373,186	SH		SOLE		0	0	373,186
PEPSICO INC	COMMON	713448108	46,404	277,235	SH		SOLE		0	0	277,235
PERMIAN BASIN RTY TR	COMMON	714236106	129	10,414	SH		SOLE		0	0	10,414
PFIZER INC	COMMON	717081103	40,601	784,263	SH		SOLE		0	0	784,263
PHILIP MORRIS INTL INC	COMMON	718172109	1,857	19,764	SH		SOLE		0	0	19,764
PHILLIPS 66	COMMON	718546104	317	3,671	SH		SOLE		0	0	3,671
PNC FINL SVCS GROUP INC	COMMON	693475105	584	3,164	SH		SOLE		0	0	3,164
PPG INDS INC	COMMON	693506107	284	2,169	SH		SOLE		0	0	2,169
PROASSURANCE CORP	COMMON	74267C106	550	20,455	SH		SOLE		0	0	20,455
PROCTER AND GAMBLE CO	COMMON	742718109	44,668	292,331	SH		SOLE		0	0	292,331
QUALCOMM INC	COMMON	747525103	42,302	276,809	SH		SOLE		0	0	276,809
RAYTHEON TECHNOLOGIES CORP	COMMON	75513E101	46,765	472,039	SH		SOLE		0	0	472,039
REAVES UTIL INCOME FD	COMMON	756158101	504	14,592	SH		SOLE		0	0	14,592
REGIONS FINANCIAL CORP NEW	COMMON	7591EP100	2,722	122,280	SH		SOLE		0	0	122,280
RENAISSANCERE HLDGS LTD	COMMON	G7496G103	230	1,450	SH		SOLE		0	0	1,450
REPUBLIC SVCS INC	COMMON	760759100	741	5,595	SH		SOLE		0	0	5,595
ROSS STORES INC	COMMON	778296103	209	2,306	SH		SOLE		0	0	2,306
ROYAL BK CDA	COMMON	780087102	707	6,415	SH		SOLE		0	0	6,415
RYMAN HOSPITALITY PPTYS INC	COMMON	78377T107	255	2,750	SH		SOLE		0	0	2,750
SCHWAB STRATEGIC TR	COMMON	808524763	290	5,416	SH		SOLE		0	0	5,416
SCHWAB STRATEGIC TR	COMMON	808524722	363	8,238	SH		SOLE		0	0	8,238
SCHWAB STRATEGIC TR	COMMON	808524771	397	6,794	SH		SOLE		0	0	6,794
SCHWAB STRATEGIC TR	COMMON	808524300	811	10,846	SH		SOLE		0	0	10,846
SELECT SECTOR SPDR TR	COMMON	81369Y803	317	1,995	SH		SOLE		0	0	1,995
SELECT SECTOR SPDR TR	COMMON	81369Y506	322	4,215	SH		SOLE		0	0	4,215
SERVISFIRST BANCSHARES INC	COMMON	81768T108	130,725	1,371,869	SH		SOLE		0	0	1,371,869
SHELL PLC	COMMON	780259305	384	6,998	SH		SOLE		0	0	6,998
SHERWIN WILLIAMS CO	COMMON	824348106	3,126	12,524	SH		SOLE		0	0	12,524
SIMON PPTY GROUP INC NEW	COMMON	828806109	238	1,809	SH		SOLE		0	0	1,809
SMUCKER J M CO	COMMON	832696405	379	2,799	SH		SOLE		0	0	2,799
SONY GROUP CORPORATION	COMMON	835699307	514	5,000	SH		SOLE		0	0	5,000
SOUTHERN CO	COMMON	842587107	50,645	698,449	SH		SOLE		0	0	698,449
SOUTHERN STS BANCSHARES INC	COMMON	843878307	258	11,182	SH		SOLE		0	0	11,182
SPDR GOLD TR	COMMON	78463V107	1,103	6,108	SH		SOLE		0	0	6,108
SPDR S&P 500 ETF TR	COMMON	78462F103	5,825	12,898	SH		SOLE		0	0	12,898
STARBUCKS CORP	COMMON	855244109	442	4,858	SH		SOLE		0	0	4,858
STATE STR CORP	COMMON	857477103	366	4,198	SH		SOLE		0	0	4,198
STRYKER CORPORATION	COMMON	863667101	3,661	13,694	SH		SOLE		0	0	13,694
SYNOVUS FINL CORP	COMMON	87161C501	3,055	62,340	SH		SOLE		0	0	62,340
SYSCO CORP	COMMON	871829107	315	3,857	SH		SOLE		0	0	3,857
TARGET CORP	COMMON	87612E106	4,474	21,084	SH		SOLE		0	0	21,084
TECK RESOURCES LTD	COMMON	878742204	230	5,700	SH		SOLE		0	0	5,700
TESLA INC	COMMON	88160R101	204	189	SH		SOLE		0	0	189
TEXAS INSTRS INC	COMMON	882508104	904	4,929	SH		SOLE		0	0	4,929
TEXTRON INC	COMMON	883203101	300	4,037	SH		SOLE		0	0	4,037
THERMO FISHER SCIENTIFIC INC	COMMON	883556102	221	374	SH		SOLE		0	0	374
TJX COS INC NEW	COMMON	872540109	2,938	48,502	SH		SOLE		0	0	48,502
TRIUMPH BANCORP INC	COMMON	89679E300	271	2,880	SH		SOLE		0	0	2,880
TRUIST FINL CORP	COMMON	89832Q109	4,181	73,745	SH		SOLE		0	0	73,745
UNILEVER PLC	COMMON	904767704	30,666	672,949	SH		SOLE		0	0	672,949
UNION PAC CORP	COMMON	907818108	339	1,242	SH		SOLE		0	0	1,242
UNITED CMNTY BKS BLAIRSVLE G	COMMON	90984P303	2,480	71,272	SH		SOLE		0	0	71,272
UNITED INS HLDGS CORP	COMMON	910710102	111	33,497	SH		SOLE		0	0	33,497
UNITED PARCEL SERVICE INC	COMMON	911312106	200	934	SH		SOLE		0	0	934
UNITED RENTALS INC	COMMON	911363109	221	623	SH		SOLE		0	0	623
US BANCORP DEL	COMMON	902973304	499	9,385	SH		SOLE		0	0	9,385
VANGUARD INDEX FDS	COMMON	922908751	546	2,570	SH		SOLE		0	0	2,570
VANGUARD INDEX FDS	COMMON	922908629	669	2,813	SH		SOLE		0	0	2,813
VANGUARD INDEX FDS	COMMON	922908363	9,763	23,516	SH		SOLE		0	0	23,516
VANGUARD SCOTTSDALE FDS	COMMON	92206C730	947	4,569	SH		SOLE		0	0	4,569
VANGUARD SPECIALIZED FUNDS	COMMON	921908844	323	1,994	SH		SOLE		0	0	1,994
VANGUARD WHITEHALL FDS	COMMON	921946406	624	5,560	SH		SOLE		0	0	5,560
VANGUARD WORLD FDS	COMMON	92204A702	273	654	SH		SOLE		0	0	654
VERIZON COMMUNICATIONS INC	COMMON	92343V104	34,876	684,653	SH		SOLE		0	0	684,653
VISA INC	COMMON	92826C839	4,392	19,804	SH		SOLE		0	0	19,804
VULCAN MATLS CO	COMMON	929160109	4,612	25,107	SH		SOLE		0	0	25,107
WALGREENS BOOTS ALLIANCE INC	COMMON	931427108	335	7,473	SH		SOLE		0	0	7,473
WALMART INC	COMMON	931142103	2,193	14,726	SH		SOLE		0	0	14,726
WASTE MGMT INC DEL	COMMON	94106L109	923	5,825	SH		SOLE		0	0	5,825
WATTS WATER TECHNOLOGIES INC	COMMON	942749102	307	2,200	SH		SOLE		0	0	2,200
WELLS FARGO CO NEW	COMMON	949746101	639	13,190	SH		SOLE		0	0	13,190
WELLTOWER INC	COMMON	95040Q104	1,304	13,563	SH		SOLE		0	0	13,563
WHIRLPOOL CORP	COMMON	963320106	259	1,500	SH		SOLE		0	0	1,500
XCEL ENERGY INC	COMMON	98389B100	577	7,990	SH		SOLE		0	0	7,990
XYLEM INC	COMMON	98419M100	324	3,800	SH		SOLE		0	0	3,800
YUM BRANDS INC	COMMON	988498101	589	4,970	SH		SOLE		0	0	4,970
ZIMMER BIOMET HOLDINGS INC	COMMON	98956P102	313	2,444	SH		SOLE		0	0	2,444