UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: 03/31/12
                                               -----------------------

Check Here if Amendment / /; Amendment Number:
                                               ---------
   This Amendment (Check only one.):    / / is a restatement.
                                        / / adds new holdings entries.

Institutional Investment Manager Filing this Report:

   Name:         SCBT Financial Corporation
                 -------------------------------
   Address:      ATTN: John C. Pollok
                 -------------------------------
                 520 Gervais Street
                 -------------------------------
                 Columbia, SC 29201-3046
                 -------------------------------

Form 13F File Number: 28-14854
                         ---------------------

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:    John C. Pollok
         --------------------------------------------
Title:   Senior Executive Vice President, CFO, & COO
         --------------------------------------------
Phone:   803-765-4628
         --------------------------------------------

Signature, Place, and Date of Signing:

         /s/ John C. Pollok             Columbia, SC         5/07/12
   -------------------------------    -----------------   -------------
            [Signature]                 [City, State]        [Date]

Report Type (Check only one.):

/X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
    manager are reported in this report.)

/ / 13F NOTICE. (Check here if no holdings reported are in this report,
    and all holdings are reported by other reporting manager(s).)

/ / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
    reporting manager are reported in this report and a portion are reported by
    other reporting manager(s).)

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.



                              FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:      1
                                        --------------------

Form 13F Information Table Entry Total: 126
                                        --------------------

Form 13F Information Table Value Total: $133,047
                                        --------------------
                                            (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

    No.       Form 13F File Number         Name

    1         28-14894                     SCBT, N.A.
    ------       -----------------         ---------------------------------



                           FORM 13F INFORMATION TABLE



                                                            VALUE   SHARES/  SH/ PUT/  INVSTMT   OTHER      VOTING AUTHORITY
NAME OF ISSUER                  TITLE OF CLASS    CUSIP    (X1000)  PRN AMT  PRN CALL  DSCRETN  MANAGERS   SOLE    SHARED   NONE
------------------------------  --------------  ---------  -------  -------  --------  -------  --------  ------  -------  -------
                                                                                                
ABBOTT LABS                     COMMON STOCK    002824100      642    10472  SH        SOLE     1           9847  0            625
ALTRIA GROUP INC                COMMON STOCK    02209S103      215     6958  SH        SOLE     1           6958  0              0
AMERICAN ELEC PWR INC           COMMON STOCK    025537101      243     6310  SH        SOLE     1           6310  0              0
AMERICAN EXPRESS CO             COMMON STOCK    025816109      282     4872  SH        SOLE     1           4872  0              0
APPLE INC                       COMMON STOCK    037833100      875     1459  SH        SOLE     1           1369  0             90
AT & T INC                      COMMON STOCK    00206R102     1366    43727  SH        SOLE     1          43727  0              0
BANK AMER CORP                  COMMON STOCK    060505104      127    13316  SH        SOLE     1          13316  0              0
BB & T CORP                     COMMON STOCK    054937107      420    13372  SH        SOLE     1          12047  0           1325
BERKSHIRE HATHAWAY INC-CL A     COMMON STOCK    084670108      244        2  SH        SOLE     1              2  0              0
BERKSHIRE HATHAWAY INC-CL B     COMMON STOCK    084670702     1025    12627  SH        SOLE     1          12627  0              0
BOEING COMPANY                  COMMON STOCK    097023105      306     4121  SH        SOLE     1           4121  0              0
BRISTOL MYERS SQUIBB CO         COMMON STOCK    110122108     1425    42217  SH        SOLE     1          40942  0           1275
CENTURYLINK INC                 COMMON STOCK    156700106      283     7335  SH        SOLE     1           7335  0              0
CHEVRON CORPORATION             COMMON STOCK    166764100     2652    24737  SH        SOLE     1          24387  0            350
CHUBB CORP                      COMMON STOCK    171232101      513     7430  SH        SOLE     1           7430  0              0
CISCO SYSTEMS INC               COMMON STOCK    17275R102      300    14201  SH        SOLE     1          14201  0              0
COCA COLA CO                    COMMON STOCK    191216100     2318    31323  SH        SOLE     1          30623  0            700
CONAGRA FOODS INC               COMMON STOCK    205887102      297    11294  SH        SOLE     1          11294  0              0
CONOCOPHILLIPS                  COMMON STOCK    20825C104      749     9853  SH        SOLE     1           9353  0            500
CSX CORPORATION                 COMMON STOCK    126408103      352    16380  SH        SOLE     1          16380  0              0
DIME CMNTY BANCORP INC COM      COMMON STOCK    253922108      158    10823  SH        SOLE     1           8073  0           2750
DISNEY WALT CO NEW              COMMON STOCK    254687106      230     5260  SH        SOLE     1           4310  0            950
DOMINION RES INC VA             COMMON STOCK    25746U109      345     6742  SH        SOLE     1           6742  0              0
DU PONT E I DE NEMOURS & CO     COMMON STOCK    263534109      280     5289  SH        SOLE     1           4889  0            400
DUKE ENERGY HOLDING CORP        COMMON STOCK    26441C105     1254    59674  SH        SOLE     1          57774  0           1900
ELI LILLY & CO.                 COMMON STOCK    532457108      235     5833  SH        SOLE     1           5833  0              0
EMC CORP/MASS                   COMMON STOCK    268648102      246     8236  SH        SOLE     1           8236  0              0
EMERSON ELECTRIC                COMMON STOCK    291011104      571    10950  SH        SOLE     1          10950  0              0
EXXON MOBIL CORP                COMMON STOCK    30231G102     3489    40227  SH        SOLE     1          39852  0            375
FEDEX CORPORATION               COMMON STOCK    31428X106      228     2480  SH        SOLE     1           2010  0            470
FRONTIER COMMUNICATIONS CORP    COMMON STOCK    35906A108       90    21672  SH        SOLE     1          21672  0              0
GENERAL ELECTRIC CORP           COMMON STOCK    369604103     1598    79625  SH        SOLE     1          77325  0           2300
GENERAL MLS INC                 COMMON STOCK    370334104      541    13715  SH        SOLE     1          13715  0              0
HEINZ H J CO                    COMMON STOCK    423074103      576    10757  SH        SOLE     1          10757  0              0
HOME DEPOT INC                  COMMON STOCK    437076102      394     7825  SH        SOLE     1           7825  0              0
INTEL CORP                      COMMON STOCK    458140100     1439    51183  SH        SOLE     1          49483  0           1700
INTL. BUSINESS MACHINES CORP    COMMON STOCK    459200101     2544    12194  SH        SOLE     1          11944  0            250
JOHNSON & JOHNSON               COMMON STOCK    478160104     6539    99139  SH        SOLE     1          99139  0              0
JP MORGAN CHASE & CO            COMMON STOCK    46625H100      498    10822  SH        SOLE     1          10822  0              0
KIMBERLY-CLARK CORP             COMMON STOCK    494368103      912    12343  SH        SOLE     1          12343  0              0
KRAFT FOODS INC-A               COMMON STOCK    50075N104      664    17478  SH        SOLE     1          17478  0              0
LOUISIANA PAC CORP COM          COMMON STOCK    546347105      430    46000  SH        SOLE     1          46000  0              0
LOWES COS INC                   COMMON STOCK    548661107      247     7883  SH        SOLE     1           6633  0           1250
MCDONALDS CORP                  COMMON STOCK    580135101     1157    11794  SH        SOLE     1          11794  0              0
MERCK & CO INC                  COMMON STOCK    58933Y105      545    14182  SH        SOLE     1          13032  0           1150
MICROSOFT CORP                  COMMON STOCK    594918104     1557    48258  SH        SOLE     1          46808  0           1450
NEXTERA ENERGY INC              COMMON STOCK    65339F101      517     8457  SH        SOLE     1           8457  0              0
NIKE INC CLASS B COM            COMMON STOCK    654106103      219     2017  SH        SOLE     1           2017  0              0
NORFOLK SOUTHERN CORP           COMMON STOCK    655844108      208     3160  SH        SOLE     1           2635  0            525
OCCIDENTAL PETE CORP            COMMON STOCK    674599105      578     6073  SH        SOLE     1           6073  0              0




                           FORM 13F INFORMATION TABLE



                                                            VALUE   SHARES/  SH/ PUT/  INVSTMT   OTHER      VOTING AUTHORITY
NAME OF ISSUER                  TITLE OF CLASS    CUSIP    (X1000)  PRN AMT  PRN CALL  DSCRETN  MANAGERS   SOLE    SHARED   NONE
------------------------------  --------------  ---------  -------  -------  --------  -------  --------  ------  -------  -------
                                                                                             
ORACLE CORPORATION COM          COMMON STOCK    68389X105      532    18256  SH        SOLE     1          17056  0           1200
PEPSICO INC                     COMMON STOCK    713448108      809    12193  SH        SOLE     1          12193  0              0
PFIZER INC                      COMMON STOCK    717081103      778    34370  SH        SOLE     1          32470  0           1900
PHILIP MORRIS INTERNATIONAL     COMMON STOCK    718172109      946    10681  SH        SOLE     1          10681  0              0
PIEDMONT NAT GAS INC COM        COMMON STOCK    720186105      418    13456  SH        SOLE     1          13456  0              0
PROCTER & GAMBLE COMPANY        COMMON STOCK    742718109     2051    30516  SH        SOLE     1          29766  0            750
PROGRESS ENERGY INC             COMMON STOCK    743263105      635    11947  SH        SOLE     1          11947  0              0
QUALCOMM INC                    COMMON STOCK    747525103      393     5772  SH        SOLE     1           5147  0            625
REYNOLDS AMERICA                COMMON STOCK    761713106      235     5669  SH        SOLE     1           5669  0              0
ROSS STORES INC COM             COMMON STOCK    778296103      372     6397  SH        SOLE     1           6397  0              0
SCANA CORP                      COMMON STOCK    80589M102      869    19048  SH        SOLE     1          19048  0              0
SCBT FINL CORP                  COMMON STOCK    78401V102      697    21322  SH        SOLE     1           7295  0          14027
SONOCO PRODUCTS CO              COMMON STOCK    835495102      948    28555  SH        SOLE     1          28555  0              0
SOUTHERN CO                     COMMON STOCK    842587107     1384    30813  SH        SOLE     1          30813  0              0
SPECTRA ENERGY CORP             COMMON STOCK    847560109      205     6491  SH        SOLE     1           6491  0              0
STARBUCKS CORP                  COMMON STOCK    855244109      258     4609  SH        SOLE     1           3609  0           1000
STRYKER CORP                    COMMON STOCK    863667101      203     3658  SH        SOLE     1           3658  0              0
TARGET CORP                     COMMON STOCK    87612E106      202     3475  SH        SOLE     1           3475  0              0
TEXAS INSTRUMENTS               COMMON STOCK    882508104      286     8508  SH        SOLE     1           8508  0              0
TJX COMPANIES                   COMMON STOCK    872540109      252     6350  SH        SOLE     1           6350  0              0
UNITED TECHNOLOGIES CORP        COMMON STOCK    913017109      772     9304  SH        SOLE     1           8754  0            550
VERIZON COMMUNICATIONS          COMMON STOCK    92343V104     1491    38989  SH        SOLE     1          37689  0           1300
WAL MART STORES INC             COMMON STOCK    931142103      961    15703  SH        SOLE     1          14903  0            800
WELLS FARGO & CO                COMMON STOCK    949746101      227     6650  SH        SOLE     1           5450  0           1200
3M CO                           COMMON STOCK    88579Y101      683     7657  SH        SOLE     1           7207  0            450
ANHEUSER-BUSCH INBEV SPONS ADR  COMMON STOCK    03524A108      229     3150  SH        SOLE     1           3150  0              0
DIAGEO PLC ADR                  COMMON STOCK    25243Q205      423     4387  SH        SOLE     1           4387  0              0
NOVARTIS AG SPONSORED ADR       COMMON STOCK    66987V109      214     3869  SH        SOLE     1           3869  0              0
ROYAL DUTCH-ADR A               COMMON STOCK    780259206      808    11515  SH        SOLE     1          11515  0              0
UNILEVER PLC                    COMMON STOCK    904767704      429    12980  SH        SOLE     1          12980  0              0
VODAFONE GROUP ADR              COMMON STOCK    92857W209     1205    43536  SH        SOLE     1          43536  0              0
ACCENTURE PLC CL A              COMMON STOCK    G1151C101      242     3755  SH        SOLE     1           3755  0              0
BCE INC                         COMMON STOCK    05534B760     1039    25936  SH        SOLE     1          25936  0              0
SCHLUMBERGER LTD                COMMON STOCK    806857108      230     3289  SH        SOLE     1           3289  0              0
TYCO INTERNATIONAL LTD          COMMON STOCK    H89128104      542     9646  SH        SOLE     1           9646  0              0
FIRST TRUST ISE-REV NAT GAS     OTHER           33734J102      276    15635  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES DJ SELECT DIVIDEND IND  OTHER           464287168      553     9877  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES MSCI EAFE INDEX FUND    OTHER           464287465      292     5314  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES MSCI EMERGING MARKETS   OTHER           464287234     1373    31969  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES RUSSEL 2000 VALUE INDE  OTHER           464287630      364     4983  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES RUSSELL MIDCAP GRWTH    OTHER           464287481      559     8886  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES RUSSELL MIDCAP INDEX F  OTHER           464287499     2545    22982  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES RUSSELL MIDCAP VALUE    OTHER           464287473      562    11672  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES RUSSELL 1000 INDEX FUN  OTHER           464287622      261     3354  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES RUSSELL 1000 VALUE      OTHER           464287598     2358    33648  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES RUSSELL 2000 GROWTH IN  OTHER           464287648      693     7265  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES RUSSELL 2000 INDEX FUN  OTHER           464287655     2157    26043  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES S&P GLBL ENERGY SECT    OTHER           464287341     2116    53193  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES S&P PREF STK            OTHER           464288687      208     5325  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES S&P 500 INDEX FUND      OTHER           464287200     3180    22517  SH        SOLE     1         N.A.    N.A.     N.A.




                           FORM 13F INFORMATION TABLE



                                                            VALUE   SHARES/  SH/ PUT/  INVSTMT   OTHER      VOTING AUTHORITY
NAME OF ISSUER                  TITLE OF CLASS    CUSIP    (X1000)  PRN AMT  PRN CALL  DSCRETN  MANAGERS   SOLE    SHARED   NONE
------------------------------  --------------  ---------  -------  -------  --------  -------  --------  ------  -------  -------
                                                                                             
ISHARES TR RUSSELL 1000 GROWTH  OTHER           464287614     3993    60427  SH        SOLE     1         N.A.    N.A.     N.A.
JPMORGAN ALERIAN MLP INDEX FUN  OTHER           46625H365      218     5574  SH        SOLE     1         N.A.    N.A.     N.A.
MARKET VECTORS AGRIBUSINESS     OTHER           57060U605     1847    34961  SH        SOLE     1         N.A.    N.A.     N.A.
POWERSHARES BALANCED NFA GLOBA  OTHER           73936Q504      321    24665  SH        SOLE     1         N.A.    N.A.     N.A.
POWERSHARES H/Y EQ DVD ACHIEVE  OTHER           73935X302      829    88054  SH        SOLE     1         N.A.    N.A.     N.A.
POWERSHARES RIVERFRONT TACTICA  OTHER           73936Q405     2184   175821  SH        SOLE     1         N.A.    N.A.     N.A.
POWERSHARES S&P 500 LOW VOLA    OTHER           73937B779     5970   222779  SH        SOLE     1         N.A.    N.A.     N.A.
SPDR DOW JONES REIT ETF         OTHER           78464A607      261     3683  SH        SOLE     1         N.A.    N.A.     N.A.
SPDR S&P 500 ETF TRUST          OTHER           78462F103      520     3695  SH        SOLE     1         N.A.    N.A.     N.A.
UBS AG JERSEY BRH               OTHER           902641646      426    12715  SH        SOLE     1         N.A.    N.A.     N.A.
VANGUARD DIVIDEND APPREC ETF    OTHER           921908844     2503    42753  SH        SOLE     1         N.A.    N.A.     N.A.
VANGUARD INDUSTRIALS ETF        OTHER           92204A603      228     3275  SH        SOLE     1         N.A.    N.A.     N.A.
VANGUARD INFO TECH ETF          OTHER           92204A702      441     5945  SH        SOLE     1         N.A.    N.A.     N.A.
VANGUARD MSCI EMERGING MARKETS  OTHER           922042858     1139    26209  SH        SOLE     1         N.A.    N.A.     N.A.
VANGUARD UTILITIES ETF          OTHER           92204A876      226     3024  SH        SOLE     1         N.A.    N.A.     N.A.
WISDOM TREE DIVIDEND EX-FINANC  OTHER           97717W406     4435    80906  SH        SOLE     1         N.A.    N.A.     N.A.
WISDOM TREE INTL DIVIDEND EX-F  OTHER           97717W786     3925    93876  SH        SOLE     1         N.A.    N.A.     N.A.
WISDOMTREE EMERGING MKTS S/C D  OTHER           97717W281     1425    29608  SH        SOLE     1         N.A.    N.A.     N.A.
WISDOMTREE MIDCAP DIVIDEND FD   OTHER           97717W505      503     8927  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES BARCLAYS TIPS BOND FUN  OTHER           464287176      391     3323  SH        SOLE     1         N.A.    N.A.     N.A.
ISHARES BARCLAYS 1-3 YEAR TREA  OTHER           464287457      497     5900  SH        SOLE     1         N.A.    N.A.     N.A.
PIMCO INTERMEDIATE MUNICIPAL    OTHER           72201R866      627    11782  SH        SOLE     1         N.A.    N.A.     N.A.
PIMCO SHORT TERM MUNICIPAL B    OTHER           72201R874     1576    31161  SH        SOLE     1         N.A.    N.A.     N.A.
SPDR DB INTL GOV INFL-PROT      OTHER           78464A490      424     7006  SH        SOLE     1         N.A.    N.A.     N.A.
VANGUARD SHORT TERM CORP BOND   OTHER           92206C409    15224   192608  SH        SOLE     1         N.A.    N.A.     N.A.
WISDOMTREE EMRG MKTS DEBT       OTHER           97717X867      528    10169  SH        SOLE     1         N.A.    N.A.     N.A.