UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2003
Check here if Amendment [X]; Amendment Number 1
This Amendment (Check only one): [X] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BancorpSouth, Inc.
Address: One Mississippi Plaza
201 South Spring Street
Tupelo, MS 38804
Form 13F File Number: 28-10453
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: Cathy S. Freeman
Title: Senior Vice President and Corporate Secretary
Phone: (662) 680-2084
Signature, Place, and Date of Signing:
/s/ Cathy S. Freeman Tupelo, Mississippi November 15, 2004
-------------------- ------------------- -----------------
[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).)
List of Other Managers Reporting for this Manager: None.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 645
Form 13F Information Table Value Total: $432,688
(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 28-10939 BancorpSouth Bank
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ -----
DAIMLERCHRYSLER AG ORD D1668R123 1 49 SH SOLE 1 49 0 0
ACE LIMITED G0070K103 10 311 SH SOLE 1 311 0 0
INGSOLL-RAND CO CL A BERMUDA G4776G101 344 6447 SH SOLE 1 5135 0 1312
NOBLE CORP G65422100 15 447 SH SOLE 1 447 0 0
ROYAL CARIBBEAN CRUISES V7780T103 5 200 SH SOLE 1 200 0 0
A F L A C INC 001055102 77 2400 SH SOLE 1 2400 0 0
AGL RESOURCES, INC 001204106 30 1090 SH SOLE 1 1090 0 0
AES CORPORATION 00130H105 7 1000 SH SOLE 1 1000 0 0
AOL TIME WARNER 00184A105 489 32407 SH SOLE 1 31958 0 449
AT&T CORP COM NEW 001957505 118 5517 SH SOLE 1 5517 0 0
AT&T CORP COM NEW 001957505 2 119 SH DEFINED 1 119 0 0
AT&T WIRELESS SVCS INC 00209A106 59 7327 SH SOLE 1 6927 0 400
AT&T WIRELESS SVCS INC 00209A106 1 192 SH DEFINED 1 192 0 0
ABBOTT LAB 002824100 1316 30958 SH SOLE 1 27788 0 3170
ABBOTT LAB 002824100 204 4800 SH DEFINED 1 200 4000 600
ACTUANT CORP CLASS A 00508X203 1 20 SH SOLE 1 20 0 0
ACXIOM CORP COM 005125109 15 1000 SH SOLE 1 1000 0 0
ADAMS EXPRESS CO COM 006212104 114 9692 SH SOLE 1 9692 0 0
ADAPTEC INC 00651F108 3 400 SH SOLE 1 400 0 0
ADECCO SA SPONS ADR 006754105 3 260 SH SOLE 1 260 0 0
ADVANCED MICRO DEVICES INC 007903107 6 600 SH SOLE 1 600 0 0
ADVANCED MICRO DEVICES INC 007903107 2 200 SH DEFINED 1 200 0 0
AETNA INC COM 00817Y108 6 100 SH DEFINED 1 0 0 100
AGERE SYSTEM INC-A 00845V100 0 32 SH SOLE 1 32 0 0
AGERE SYS INC CL B 00845V209 2 793 SH SOLE 1 793 0 0
AGILENT TECHNOLOGIES, INC. 00846U101 37 1675 SH SOLE 1 1675 0 0
AGNICO EAGLE MINES 008474108 6 500 SH SOLE 1 500 0 0
AIR PRODS & CHEMS INC COM 009158106 1 27 SH SOLE 1 0 0 27
ALCOA INC 013817101 134 5156 SH SOLE 1 3270 0 1886
ALCOA INC 013817101 13 500 SH DEFINED 1 500 0 0
ALLEGHENY ENERGY INC 017361106 1 200 SH SOLE 1 200 0 0
ALLIANCE CAP MGMT HLDG L P 01855A101 66 2000 SH DEFINED 1 20000 0 0
ALLIED CAP CORP NEW COM 01903Q108 7 315 SH SOLE 1 315 0 0
ALLSTATE CORP COMMON 020002101 182 4990 SH SOLE 1 4941 0 49
ALLSTATE CORP COMMON 020002101 22 604 SH DEFINED 1 310 0 294
ALLTEL CORP 020039103 215 4640 SH SOLE 1 4640 0 0
ALLTEL CORP 020039103 491 10600 SH DEFINED 1 10600 0 0
ALTRIA GROUP INC 02209S103 528 12068 SH SOLE 1 9585 0 2483
AMERICAN EAGLE OUTFITTERS, INC 02553E106 3 220 SH SOLE 1 220 0 0
AMERICAN ELECTRIC POWER 025537101 147 4903 SH SOLE 1 3503 0 1400
AMER EXPRESS CO 025816109 171 3800 SH SOLE 1 3800 0 0
AMERICAN INTERNATIONAL GROUP, 026874107 325 5633 SH SOLE 1 3527 0 2106
INC
AMERICAN INTERNATIONAL GROUP, 026874107 10 175 SH DEFINED 1 175 0 0
INC
AMERICAN ITALIAN PASTA COMPANY CLASS A 027070101 3 80 SH SOLE 1 80 0 0
AMERUS LIFE HOLDINGS 03072M108 24 712 SH SOLE 1 712 0 0
AMERISOURCEBERGEN CORP 03073E105 10 193 SH SOLE 1 193 0 0
AMATEK INC 031100100 3 80 SH SOLE 1 80 0 0
AMGEN INC 031162100 198 3071 SH SOLE 1 2086 0 985
AMGEN INC 031162100 12 200 SH DEFINED 1 200 0 0
AMSOUTH BANCORPORATION 032165102 1717 80971 SH SOLE 1 80971 0 0
AMVESCAP PLC ADR 03235E100 1 120 SH SOLE 1 120 0 0
ANADARKO PETE CORP 032511107 61 1464 SH DEFINED 1 1464 0
ANALOG DEVICES INC COM 032654105 3 100 SH SOLE 1 100 0 0
ANHEUSER-BUSCH COMPANIES 035229103 1061 21509 SH SOLE 1 18719 0 2790
ANHEUSER-BUSCH COMPANIES 035229103 177 3600 SH DEFINED 1 3600 0 0
ANTHEM INC 03674B104 227 3195 SH SOLE 1 1940 0 1255
APARTMENT INVT & MGMT CO CL A 03748R101 43 1100 SH SOLE 1 1100 0 0
APPLE COMP INC 037833100 66 3200 SH DEFINED 1 3200 0 0
APPLIED MATERIALS INC 038222105 96 5350 SH SOLE 1 5350 0 0
ARCH COAL, INC 039380100 4 200 SH SOLE 1 200 0 0
ARCHER-DANIELS-MIDLAND COMPANY 039483102 3 279 SH SOLE 1 279 0 0
ARMOR HOLDINGS, INC 042260109 4 285 SH SOLE 1 285 0 0
ARVINMERITOR 043353101 0 44 SH SOLE 1 44 0 0
ASTORIA FINANCIAL CORP 046265104 4 155 SH SOLE 1 155 0 0
AUTODESK INC 052769106 4 277 SH SOLE 1 277 0 0
AUTO DATA PROCESS 053015103 186 5200 SH SOLE 1 5200 0 0
AUTO DATA PROCESS 053015103 78 2200 SH DEFINED 1 2200 0 0
AUTOZONE 053332102 17 200 SH SOLE 1 200 0 0
AUTOZONE 053332102 47 530 SH DEFINED 1 530 0 0
AVAYA INC 053499109 2 227 SH SOLE 1 227 0 0
AVON PRODUCTS INC COM 054303102 45 700 SH SOLE 1 700 0 0
AXA-UAP ADR 054536107 4 236 SH SOLE 1 236 0 0
BP AMOCO PLC SPONSORED ADR 055622104 425 10117 SH SOLE 1 10084 0 33
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ -----
BP AMOCO PLC SPONSORED ADR 055622104 194 4610 SH DEFINED 1 4610 0 0
BMC SOFTWARE 055921100 11 797 SH SOLE 1 797 0 0
BAKER HUGHES INC COM 057224107 14 506 SH SOLE 1 506 0 0
BALDOR ELEC CO COM 057741100 30026 1422387 SH DEFINED 1 1422387 0 0
BANCO BILBAO VIZCAYA SP ADR 05946K101 2 285 SH SOLE 1 285 0 0
BANCORP MS 05969210X 306 14000 SH SOLE 1 14000 0 0
BANCORPSOUTH INC 059692103 19640 897229 SH SOLE 1 896229 0 1000
BANCORPSOUTH INC 059692103 2977 136013 SH DEFINED 1 132747 2592 674
BANK OF AMERICA CORP NEW COM 060505104 652 8360 SH SOLE 1 6720 0 1640
BANK OF AMERICA CORP NEW COM 060505104 23 300 SH DEFINED 1 300 0 0
BANK OF THE OZARKS, INC 063904106 2051 46100 SH DEFINED 1 46100 0 0
BANK OF NEW YORK 064057102 231 7965 SH SOLE 1 4845 0 3120
BANK ONE CORP COM 06423A103 93 2420 SH SOLE 1 2420 0 0
BANK ONE CORP COM 06423A103 57 1482 SH DEFINED 1 0 1482 0
BAXTER INTL INC 071813109 224 7715 SH SOLE 1 5500 0 2215
BEAR STEARNS COS INC 073902108 103 1381 SH SOLE 1 1357 0 24
BED BATH & BEYOND 075896100 7 200 SH SOLE 1 200 0 0
BELLSOUTH CORP 079860102 788 33284 SH SOLE 1 29979 0 3305
BELLSOUTH CORP 079860102 9 400 SH DEFINED 1 400 0 0
BERKSHIRE HATHAWAY "A" 084670108 75 1 SH SOLE 1 1 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 7 3 SH DEFINED 1 3 0 0
BLACKROCK INVT QUALITY MUNI TR 09247D105 41 3000 SH SOLE 1 3000 0 0
INC
MF BLACKROCK INCOME TRUST 09247F100 18 2400 SH SOLE 1 2400 0 0
BLACKSTONE INVESTMENT QUALITY TERM 09247J102 39 4155 SH SOLE 1 4155 0 0
TRUST
BLOCK H & R INC COM 093671105 16 375 SH SOLE 1 348 0 27
BOEING INC 097023105 45 1330 SH SOLE 1 730 0 600
BORG WARNER AUTOMOTIVE INC 099724106 4 62 SH SOLE 1 62 0 0
BOSTON SCIENTIFIC 101137107 1 23 SH SOLE 1 0 0 23
BRISTOL MYERS SQUIBB CO 110122108 529 20638 SH SOLE 1 20598 0 40
BRISTOL MYERS SQUIBB CO 110122108 15 600 SH DEFINED 1 600 0 0
BRITISH SKY BROADCASTING GP PLC SPON ADR 111013108 2 70 SH SOLE 1 70 0 0
BROWN TOM INC NEW 115660201 2 105 SH SOLE 1 105 0 0
BUCKEYE TECHNOLOGY INC 118255108 13 1500 SH SOLE 1 1500 0 0
CBRL GROUP INC COM 12489V106 35 1000 SH SOLE 1 1000 0 0
CEC ENTMT INC 125137109 33 850 SH SOLE 1 850 0 0
CIGNA CORPORATION 125509109 9 217 SH SOLE 1 217 0 0
CLECO CORP COM 12561W105 7 461 SH SOLE 1 461 0 0
CSK AUTO CORP 125965103 3 250 SH SOLE 1 250 0 0
CNET NETWORKS INC 12613R104 0 118 SH SOLE 1 118 0 0
CVS CORP DELAWARE 126650100 10 353 SH SOLE 1 353 0 0
CADBURY SCHWEPPES PLC ADR 127209302 30 1200 SH SOLE 1 1200 0 0
CALLAWAY GOLF CO 131193104 5 385 SH SOLE 1 185 0 200
CAMPBELL SOUP CO COM 134429109 10 400 SH SOLE 1 400 0 0
CANON INC ADR REPSTG 138006309 3 70 SH SOLE 1 70 0 0
5SHRS
CAPITAL ONE FINL CORP COM 14040H105 148 2600 SH SOLE 1 2600 0 0
CARDINAL HEALTH INC COM 14149Y108 11 200 SH SOLE 1 200 0 0
CARNIVAL CORP 143658300 6 206 SH SOLE 1 206 0 0
CATERPILLAR INC 149123101 61 900 SH SOLE 1 900 0 0
CENDANT CORP COM 151313103 20 1099 SH SOLE 1 1000 0 99
CENTERPOINT ENERGY INC 15189T107 4 500 SH SOLE 1 500 0 0
CENTURYTEL, INC 156700106 102 3040 SH SOLE 1 3040 0 0
CHARTER COMMUNICATIONS INC DEL CL A 16117M107 2 600 SH SOLE 1 600 0 0
CHECKPOINT SYSTEMS 162825103 15 1000 SH SOLE 1 1000 0 0
CHEVRONTEXACO CORP 166764100 933 13063 SH SOLE 1 11683 0 1380
CHEVRONTEXACO CORP 166764100 94 1327 SH DEFINED 1 1327 0 0
CINERGY 172474108 4 114 SH SOLE 1 75 0 39
CISCO SYS INC 17275R102 751 38342 SH SOLE 1 34217 0 4125
CISCO SYS INC 17275R102 27 1400 SH DEFINED 1 800 0 600
CITIGROUP, INC 172967101 919 20204 SH SOLE 1 17546 0 2658
CITIGROUP, INC 172967101 369 8117 SH DEFINED 1 8117 0 0
CITIZENS HOLDING COMPANY 174715102 3020 158987 SH SOLE 1 158987 0 0
CLEAR CHANNEL COMMUNICATIONS 184502102 3 100 SH SOLE 1 100 0 0
COCA COLA BOTTLING CO CONS COM 191098102 21 420 SH SOLE 1 420 0 0
COCA COLA CO 191216100 1124 26182 SH SOLE 1 23777 0 2405
COCA COLA CO 191216100 60 1400 SH DEFINED 1 400 1000
COCA COLA ENTERPRISES INC COM 191219104 45 2400 SH SOLE 1 2400 0 0
COLGATE-PALMOLIVE CO 194162103 229 4112 SH SOLE 1 4112 0 0
COLGATE-PALMOLIVE CO 194162103 11 200 SH DEFINED 1 0 0 200
COLONIAL BANCGROUP INC 195493309 1 90 SH SOLE 1 90 0 0
COLONIAL HIGH INCOME MUNICIPAL 195743109 1 200 SOLE 1 200 0 0
TRUST
COMCAST CORP NEW CL ACOM 20030N101 186 6060 SH SOLE 1 6060 0 0
COMCAST CORP NEW CL A COM 20030N101 2 80 SH DEFINED 1 80 0 0
COMMSCOPE INC 203372107 12 1000 SH SOLE 1 1000 0 0
COMPUTER SCIENCES CORPORATION 205363104 3 99 SH DEFINED 1 0 0 99
COMMON
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ -----
CONEXANT SYS INC COM 20714200 0 176 SH SOLE 1 176 0 0
CONOCO PHILLIPS 20825C104 290 5314 SH SOLE 1 4288 0 1026
CONSECO STRATEGIC INC FD SH BEN INT 20847A102 8 866 SH SOLE 1 866 0 0
CONSTELLATION ENERGY CORP 210371100 5 150 SH SOLE 1 150 0 0
COOPER TIRE & RUBBER CO 216831107 253 15953 SH SOLE 1 14953 0 1000
COOPER TIRE & RUBBER CO 216831107 1 100 SH DEFINED 1 100 0 0
COSTCO WHOLESALE CORP 22160K105 13 445 SH SOLE 1 445 0 0
COX COMMUNICATIONS CL A 224044107 3 100 SH DEFINED 1 100 0 0
CRESCENT REAL ESTATE EQUITIE COM 225756105 2 200 SH SOLE 1 200 0 0
CROSS COUNTRY HEALTHCARE, INC 227483104 3 280 SH SOLE 1 280 0 0
CYTYC CORPORATION 232946103 2 175 SH SOLE 1 175 0 0
DNP SELECT INCOME FD INC 23325P104 11 1100 SH DEFINED 1 1100 0 0
DANAHER CORP DEL COM 235851102 229 3105 SH SOLE 1 1885 0 1220
DANKA BUSINESS SYS PLC SPONSORED ADR 236277109 12 5000 SH SOLE 1 5000 0 0
DEERE & CO 244199105 79 1500 SH SOLE 1 1500 0 0
DEL MONTE FOODS COM 24522P103 1 121 SH SOLE 1 121 0 0
DELPHI AUTO SYSTEMS 247126105 2 250 SH SOLE 1 250 0 0
DELTA & PINE LD CO COM 247357106 11 509 SH SOLE 1 509 0 0
DELTIC TIMBER INC 247850100 182 6324 SH SOLE 1 6324 0 0
DELTIC TIMBER INC 247850100 18660 645471 SH DEFINED 1 242423 403048 0
DEVON ENERGY CORP NEW COM 25179M103 3 82 SH SOLE 1 82 0 0
DIAL CORPORATION 25247D101 7 348 SH SOLE 1 348 0 0
WALT DISNEY CO 254687106 248 12323 SH SOLE 1 8668 0 3655
WALT DISNEY CO 254687106 4 200 SH DEFINED 1 200 0 0
DOMINION RES INC VA NEW 25746U109 1 25 SH SOLE 1 25 0 0
DOW CHEMICAL CO 260543103 77 2383 SH SOLE 1 2383 0 0
DOW CHEMICAL CO 260543103 15 483 SH DEFINED 1 483 0 0
DREYFUS STRATEGIC MUNICIPALS INC 261932107 19 2086 SOLE 1 2086 0 0
DREYFUS MUNICIPAL INCOME INC 26201R102 17 1832 SOLE 1 1832 0 0
DU PONT EI D NEMOURS & CO 263534109 80 2011 SH SOLE 1 1980 0 31
DU PONT EI D NEMOURS & CO 263534109 4 100 SH DEFINED 1 100 0 0
DUKE ENERGY CORP COM 264399106 59 3364 SH SOLE 1 3364 0 0
DYNEX CAP INC COM NEW 26817Q506 0 106 SH DEFINED 1 106 0 0
E-LOAN INC 26861P107 3 1000 SH SOLE 1 1000 0 0
EMC CORP 268648102 23818 18880 SH SOLE 1 12945 0 5935
EMC CORP 268648102 50 4000 SH DEFINED 1 4000 0 0
ENSCO INTERNATIONAL INC 26874Q100 10 396 SH SOLE 1 322 0 74
E TRADE GROUP INC 269246104 37 4000 SH SOLE 1 4000 0 0
EASTMAN KODAK CO 277461109 20 1000 SH SOLE 1 1000 0 0
EASTMAN KODAK CO 277461109 2 125 SH DEFINED 1 125 0 0
EATON CORP COM 278058102 280 3165 SH SOLE 1 2450 0 715
ECHOSTAR COMMUN 278762109 19 500 SH SOLE 1 500 0 0
EDWARDS LIFESCIENCES CORP 28176E108 6 240 SH SOLE 1 240 0 0
EL PASO CORPORATION 28336L109 1 212 SH SOLE 1 212 0 0
ELAN CORP PLC ADR 284131208 0 100 SH SOLE 1 100 0 0
ELECTRONIC DATA SYS CORP NEW 285661104 12 642 SH SOLE 1 550 0 92
EMCOR GROUP INC 29084Q100 2 50 SH SOLE 1 50 0 0
EMERSON ELECTRIC CO 291011104 115 2200 SH SOLE 1 2200 0 0
ENCYSIVE PHARMACEUTICALS INC COM 29256X107 0 100 SH SOLE 1 100 0 0
ENCORE WIRE CORP COM 292562105 282 21300 SH SOLE 1 13900 0 7400
ENGELHARD CORP 292845104 6 253 SH DEFINED 1 0 0 253
ENTERASYS NETWORKS INC 293637104 0 200 SH SOLE 1 200 0 0
ENTERGY CORP 29364G103 285 5274 SH SOLE 1 4249 0 1025
ENTERGY CORP 29364G103 32 593 SH DEFINED 1 593 0 0
EQUITY INNS, INC 294703103 11 1500 SH DEFINED 1 1500 0 0
EQUITY RESIDENTIAL PPTYS SBI 29476L107 12 436 SH SOLE 1 436 0 0
ESTERLINE TECHNOLOGIES CORP 297425100 3 185 SH SOLE 1 185 0 0
EXXON MOBIL CORP 30231G102 5465 149364 SH SOLE 1 148344 0 1020
EXXON MOBIL CORP 30231G102 976 26676 SH DEFINED 1 16476 4700 5500
FPL GROUP INC 302571104 216 3430 SH SOLE 1 2095 0 1335
FED HMN LN MTG CORP VOTING COM 313400301 13 250 SH SOLE 1 250 0 0
FNMA COM 313586109 84 1200 SH SOLE 1 1200 0 0
FEDERATED DEPT STORES INC 31410H101 1 41 SH SOLE 1 0 0 41
FEDEX CORPORATION 31428X106 96 1500 SH SOLE 1 1500 0 0
FEDEX CORPORATION 31428X106 6 100 SH DEFINED 1 100 0 0
FIRST DATA CORP COM 319963104 1 40 SH SOLE 1 0 0 40
FIRST INDL RLTY TR INC 32054K103 14 450 SH SOLE 1 450 0 0
FIRST M & F CORP 320744105 46 1293 SH SOLE 1 1293 0 0
FIRST TENNESSEE NATIONAL CORP 337162101 300 7082 SH SOLE 1 7082 0 0
FISERV INC 337738108 183 5045 SH SOLE 1 3065 0 1980
FIRSTMERIT CORP 337915102 1 75 SH SOLE 1 75 0 0
FLEET BOSTON CORP 339030108 29 976 SH SOLE 1 976 0 0
FORD MOTOR COMPANY COMMON 345370860 30 2830 SH SOLE 1 2830 0 0
FORD MOTOR COMPANY COMMON 345370860 7 700 SH DEFINED 1 700 0 0
FOREST LABS 345838106 13 266 SH SOLE 1 266 0 0
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ -----
FORREST OIL CORP 346091705 129 5400 SH SOLE 1 0 0 5400
FORRESTER RESEARCH INC 346563109 3 235 SH SOLE 1 235 0 0
FULTON FINANCIAL CORP -PA 360271100 4 205 SH SOLE 1 205 0 0
FURNITURE BRANDS INTL 360921100 4 185 SH SOLE 1 185 0 0
GSI COMMERCE INC 36238G102 0 29 SH SOLE 1 29 0 0
GAP INC DEL COM 364760108 26 1562 SH SOLE 1 1500 0 62
GENERAL ELECTRIC CO 369604103 2382 79943 SH SOLE 1 79568 0 375
GENERAL ELECTRIC CO 369604103 83 2800 SH DEFINED 1 1600 0 1200
GENERAL MLS INC COM 370334104 18 397 SH SOLE 1 370 0 27
GENERAL MLS INC COM 370334104 0 20 SH DEFINED 1 0 0 20
GEN MTR CORP 370442105 23 571 SH SOLE 1 540 0 31
GENOME THERAPEUTICS CORP COM 372430108 3 1000 SH SOLE 1 0 0 1000
GEORGIA PAC CORP 373298108 40 1660 SH SOLE 1 1660 0 0
GILLETTE CO 375766102 89 2806 SH SOLE 1 2806 0 0
GILLETTE CO 375766102 111 3485 SH DEFINED 1 3485 0 0
GLAXO WELLCOME PLC SPONSORED ADR 37733W105 17 405 SH SOLE 1 305 0 100
GOLDMAN SACHS GROUP 38141G104 14 178 SH SOLE 1 178 0 0
GOODYEAR TIRE & RUBBER 382550101 3 526 SH SOLE 1 526 0 0
GREAT LAKES CHEM CORP COM 390568103 35 1785 SH DEFINED 1 1785 0 0
GREAT PLAINS ENERGY INC 391164100 56 1855 SH SOLE 1 1855 0 0
GUIDANT CORP COM 401698105 112 2405 SH SOLE 1 2405 0 0
HCA INC. 404119109 101 2743 SH SOLE 1 2743 0 0
HCC INSURANCE HOLDINGS, INC 404132102 4 155 SH SOLE 1 155 0 0
HALLIBURTON CO COM 406216101 19 800 SH SOLE 1 800 0 0
HANCOCK FABRICS 409900107 25 1600 SH SOLE 1 1600 0 0
HANCOCK HLDG CO CAP VALUE 410120109 214 4345 SH SOLE 1 4345 0 0
CEF HANCOCK JOHN PFD 41013X106 9 400 SH SOLE 1 400 0 0
JOHN HANCOCK 41014S106 9 285 SH SOLE 1 285 0 0
HARLEY DAVIDSON INC COM 412822108 17 355 SH SOLE 1 355 0 0
HARRIS CORP 413875105 50 1400 SH SOLE 1 1400 0 0
HARTFORD FNCL SV GRP INC COM 416515104 13 250 SH DEFINED 1 250 0 0
HASBRO, INC 418056107 14 787 SH DEFINED 1 787 0 0
HEADWATERS INC 42210P102 4 305 SH SOLE 1 305 0 0
HEINZ H J CO COM 423074103 9 273 SH SOLE 1 273 0 0
HERSHEY FOODS CORP 427866108 179 2475 SH SOLE 1 1490 0 985
HEWLETT PACKARD CO 428236103 448 23160 SH SOLE 1 20270 0 2890
HEWLETT PACKARD CO 428236103 7 400 SH DEFINED 1 0 0 400
HIBERNIA CORP 428656102 6232 307778 SH SOLE 1 306878 0 900
HIBERNIA CORP 428656102 18 900 SH DEFINED 1 900 0 0
HIGH INCOME OPPORTUNITY FD 42967Q105 17 2500 SH SOLE 1 2500 0 0
HILB ROGAL & HAMILTON COMPANY 431294107 3 102 SH SOLE 1 102 0 0
HOME DEPOT 437076102 487 15325 SH SOLE 1 15325 0 0
HOME DEPOT 437076102 48 1532 SH DEFINED 1 1532 0 0
HONEYWELL INTL INC 438516106 24 925 SH SOLE 1 925 0 0
HUBBELL INC CL B 443510201 36 1000 SH SOLE 1 1000 0 0
HUDSON UNITED BANCORP 444165104 1 45 SH SOLE 1 45 0 0
ICN PHARMACEUTICALS INC NEW COM 448924100 9 525 SH SOLE 1 0 0 525
ING PRIME RATE TR SH BEN INT 44977W106 99 13907 SH SOLE 1 13907 0 0
ILLINOIS TOOL WORKS INC 452308109 5 76 SH SOLE 1 76 0 0
IMPERIAL TOBACCO PLC SPON ADR 453142101 2 90 SH SOLE 1 90 0 0
ING GROEP N V 456837103 10 548 SH SOLE 1 548 0 0
INSIGHT ENTERPRISES INC COM 45765U103 42 2775 SH SOLE 1 2775 0 0
INPUT/OUTPUT INC 457652105 3 835 SH SOLE 1 835 0 0
INTEL CORP CAP 458140100 1513 54984 SH SOLE 1 48299 0 6685
INTEL CORP CAP 458140100 104 3780 SH DEFINED 1 2980 0 800
IBM CORP 459200101 1652 18705 SH SOLE 1 16864 0 1841
IBM CORP 459200101 41 475 SH DEFINED 1 475 0 0
INTL PAPER CO 460146103 221 5667 SH SOLE 1 3999 0 1668
INTL PAPER CO 460146103 35 900 SH DEFINED 1 0 900 0
IONICS, INC 462218108 3 155 SH SOLE 1 155 0 0
JDS UNIPHASE CORP COM 46612J101 0 120 SH SOLE 1 120 0 0
J P MORGAN CHASE & CO 46625H100 111 3249 SH SOLE 1 3182 0 67
J P MORGAN CHASE & CO 46625H100 51 1500 SH DEFINED 1 1500 0 0
JANUS CAPITAL GROUP INC. 47102X105 8 600 SH SOLE 1 600 0 0
JOHNSON & JOHNSON 478160104 2033 41062 SH SOLE 1 39607 0 1455
JOHNSON & JOHNSON 478160104 440 8900 SH DEFINED 1 5000 1200 2700
JOHNSON CONTROLS INC 478366107 271 2865 SH SOLE 1 1850 0 1015
KLA TENCOR CORP 482480100 5 100 SH SOLE 1 100 0 0
KELLOGG CO 487836108 6 200 SH SOLE 1 200 0 0
KIMBERLY-CLARK CORP 494368103 25 500 SH SOLE 1 500 0 0
KIMBERLY-CLARK CORP 494368103 20 400 SH DEFINED 1 400 0 0
KINDER MORGAN ENERGY PARTNERS, 494550106 52 1232 SH SOLE 1 1232 0 0
L.P
KOHL'S CORP 500255104 144 2700 SH SOLE 1 2700 0 0
KONINKLIJKE PHLPS ELECTRSN V SP ADR NEW 500472303 5 219 SH SOLE 1 155 0 64
KROGER CO 501044101 195 10948 SH SOLE 1 6953 0 3995
LSI LOGIC CORP COM 502161102 3 400 SH SOLE 1 400 0 0
LA QUINTA CORP PAIRED CTF1 COM LA QUINTA 50419U202 2 389 SH SOLE 1 389 0 0
LAFARGE SPONSORED ADR 505861401 2 180 SH SOLE 1 180 0 0
ESTEE LAUDER CO 518439104 20 600 SH DEFINED 1 600 0 0
LEHMAN BROTHERS HOLDINGS COM 524908100 255 3695 SH SOLE 1 2500 0 1195
LEVEL 3 COMMUNICATIONS INC 52729N100 32 6037 SH SOLE 1 6037 0 0
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ -----
LEXMARK INTL NEW CL A 529771107 341 5412 SH SOLE 1 3428 0 1984
THE LIBERTY CORPORATION 530370105 100 2400 SH SOLE 1 2400 0 0
ELI LILLY & CO 532457108 496 8360 SH SOLE 1 7050 0 1310
ELI LILLY & CO 532457108 89 1500 SH DEFINED 1 1500 0 0
LIMITED BRANDS, INC 532716107 7 515 SH SOLE 1 515 0 0
LINCOLN NATIONAL CORP IND 534187109 1 35 SH SOLE 1 0 0 35
LOCKHEED MARTIN CORP 539830109 4 100 SH SOLE 1 100 0 0
LOEWS CORP 540424108 1 34 SH SOLE 1 0 0 34
LOWES CO INC 548661107 608 11725 SH SOLE 1 8860 0 2865
LUCENT TECHNOLOGIES 549463107 49 23205 SH SOLE 1 23005 0 200
LUCENT TECHNOLOGIES 549463107 4 2000 SH DEFINED 1 2000 0 0
M & T BANK CORP 55261F104 174 2000 SH SOLE 1 2000 0 0
MFS INTER INCOME TR SH BENINT 55273C107 6 1000 SH SOLE 1 1000 0 0
MGNA ENTMT CORP 559211107 0 20 SH SOLE 1 20 0 0
MANULIFE FINANCIAL CORP 56501R106 1105 38281 SH SOLE 1 38281 0 0
MARATHON OIL CORP 565849106 1 54 SH SOLE 1 0 0 54
MARSH & MCLENNAN 571748102 139 2928 SH SOLE 1 1720 0 1208
MAXIM INTEGRATED PRODUCTS INC 57772K101 14 356 SH SOLE 1 356 0 0
MAY DEPARTMENT STORES CO 577778103 8 335 SH SOLE 1 335 0 0
MCCORMICK & CO 579780206 158 5800 SH SOLE 1 3415 0 2385
MCDATA CORP CLASS A 580031201 0 73 SH DEFINED 1 73 0 0
MCDONALD'S CORP 580135101 87 3700 SH SOLE 1 3700 0 0
MEADWESTVACO CORP 583334107 39 1547 SH SOLE 1 1547 0 0
MEDIMMUNE INC COM 584699102 2 75 SH SOLE 1 75 0 0
MEDTRONIC INC COM 585055106 16 360 SH SOLE 1 360 0 0
MELLON FINL CORP 58551A108 24 800 SH SOLE 1 800 0 0
MERCK & CO INC 589331107 1441 28489 SH SOLE 1 26606 0 1883
MERCK & CO INC 589331107 83 1650 SH DEFINED 1 1650 0 0
MERRILL LYNCH & CO, INC 590188108 17 320 SH SOLE 1 320 0 0
METLIFE INC COM 59156R108 74 2660 SH SOLE 1 2660 0 0
MICROSOFT CORP 594918104 789 28419 SH SOLE 1 28104 0 315
MICROSOFT CORP 594918104 22 800 SH DEFINED 1 0 0 800
MICRON TECHNOLOGY 595112103 26 2000 SH SOLE 1 2000 0 0
MID-AMERICA APARTMENT CMNTYS 59522J103 30 1000 SH DEFINED 1 1000 0 0
MIDAS GROUP INC 595626102 8 666 SH SOLE 1 666 0 0
MILLER HERMAN INC COM 600544100 77 3385 SH SOLE 1 3385 0 0
MIRANT CORP 604675108 1 2698 SH SOLE 1 2698 0 0
MONSANTO CO. (NEW) 61166W101 4 187 SH SOLE 1 187 0 0
MONSANTO CO. (NEW) 61166W101 5 235 SH DEFINED 1 150 0 85
MOODYS CORP 615369105 33 602 SH SOLE 1 602 0 0
MORGAN STANLEY DEAN WITTER 617446448 369 7316 SH SOLE 1 6000 0 1316
DISCOVER & CO
MORGAN STANLEY DEAN WITTER 617446448 13 260 SH DEFINED 1 260 0 0
DISCOVER & CO
MOTOROLA INC 620076109 123 10308 SH SOLE 1 10103 0 205
MOTOROLA INC 620076109 89 7466 SH DEFINED 1 7166 0 300
MULTIMEDIA GAMES INC 625453105 16 450 SH SOLE 1 450 0 0
MUNICIPAL MORTGAGE & EQUITY LLC GROWTH SH 62624B101 137 5600 SH SOLE 1 5600 0 0
MUNIHOLDINGS INSD FD 62625A102 13 1000 SOLE 1 1000 0 0
MUNIVEST FD INC COM 626295109 45 5000 SOLE 1 5000 0 0
MURPHY OIL CORP COM 626717102 4397 74858 SH SOLE 1 73503 0 1355
MURPHY OIL CORP COM 626717102 273205 4650306 SH DEFINED 1 2068366 2581940 0
MYLAN LABORATORIES INC 628530107 84 2197 SH SOLE 1 2197 0 0
NBC CAP CORP 628729105 129 5333 SH SOLE 1 5333 0 0
NCR CORP NEW 62886E108 2 64 SH SOLE 1 64 0 0
NASDAQ 100 TRUST 631100104 6 200 SH SOLE 1 200 0 0
NATIONAL COMM FINL CORP 63545P104 64 2600 SH SOLE 1 2600 0 0
NEWELL RUBBERMAID INC 651229106 14 692 SH SOLE 1 692 0 0
NEWS CORP LTD ADR 652487703 1 44 SH SOLE 1 0 0 44
NICOR INC COM 654086107 17 500 SH SOLE 1 500 0 0
NIKE INC CLASS B 654106103 52 860 SH SOLE 1 860 0 0
NIPPON TEL & TEL SPON ADR 654624105 3 155 SH SOLE 1 155 0 0
NISOURCE INC 65473P105 159 7980 SH SOLE 1 4825 0 3155
NOKIA CORP SPND ADR 654902204 223 14303 SH SOLE 1 9923 0 4380
NOBLE ENERGY INC 655044105 38 1000 SH SOLE 1 1000 0 0
NOMURA HOLDINGS INC ADR 65535H208 4 270 SH SOLE 1 270 0 0
NORFOLK SO CORP 655844108 26 1434 SH SOLE 1 1434 0 0
NORTEL NETWORK CORP NEW 656568102 20 5000 SH SOLE 1 5000 0 0
NORTHERN BORDER LP 664785102 43 1000 SH SOLE 1 1000 0 0
NORTHERN TRUST COMPANY NTRS 665859104 75 1780 SH SOLE 1 1780 0 0
NORTHERN TRUST COMPANY NTRS 665859104 152 3600 SH DEFINED 1 3600 0 0
NORTHRUP GRUMMAN 666807102 1 23 SH SOLE 1 0 0 23
NORTHWESTERN CORPORATION 668074107 0 330 SH SOLE 1 330 0 0
NOVARTIS AG SPONSORED ADR 66987V109 3 80 SH SOLE 1 80 0 0
NU SKIN ENTERPRISES INC CLASS A 67018T105 5 395 SH SOLE 1 395 0 0
NUVEEN INSD PREMIUM INCOME MUNI FD 6706D8104 4 338 SOLE 1 338 0 0
NUVEEN MUNICIPAL MARKET OPP 67062W103 50 3529 SOLE 1 3529 0 0
OKLAHOMA GAS & ELEC ENERGYCORP 670837103 22 1000 SH SOLE 1 1000 0 0
NUVEEN QUALITY INCOME MUNI 670977107 7 500 SH SOLE 1 500 0 0
NUVEEN PREMIER MUNICIPAL INC 670988104 22 1565 SH SOLE 1 1565 0 0
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ -----
OSI PHARMACEUTICALSINC COM 671040103 0 5 SH SOLE 1 5 0 0
1
OCCIDENTAL PETE COR DEL 674599105 17 500 SH SOLE 1 500 0 0
OCWEN FINANCIAL CORP 675746101 3 880 SH SOLE 1 880 0 0
OFFICEMAX INC 67622M108 9 1000 SH SOLE 1 1000 0 0
OHIO CASUALTY CORP 677240103 3 225 SH SOLE 1 225 0 0
OLIN CORP 680665205 2 166 SH DEFINED 1 166 0 0
OMNICOM GROUP 681919106 21 300 SH SOLE 1 300 0 0
ORACLE SYSTEMS CORP 68389X105 126 11255 SH SOLE 1 6910 0 4345
PNC BANK CORP 693475105 1 29 SH SOLE 1 0 0 29
PPG INDUSTRIES INC 693506107 32 626 SH SOLE 1 600 0 26
PACTIV COPR 695257105 43 2146 SH SOLE 1 2146 0 0
PAYCHEX INC 704326107 5 150 SH SOLE 1 150 0 0
PCCW LTD SONSORED ADR 70454G207 3 494 SH DEFINED 1 494 0 0
PENTAIR INC 709631105 3 80 SH SOLE 1 80 0 0
PEOPLES ENERGY CORP COM 711030106 20 500 SH DEFINED 1 500 0 0
PEOPLES HLDG CO COM 711148106 16 367 SH SOLE 1 367 0 0
PEOPLES HLDG CO COM 711148106 22 500 SH DEFINED 1 500 0 0
PEPCO HLDGS INC 713291102 7 457 SH SOLE 1 457 0 0
PEPSIAMERICAS INC 71343P200 57 4000 SH SOLE 1 4000 0 0
PEPSICO INC COM 713448108 1473 32156 SH SOLE 1 31891 0 265
PEPSICO INC COM 713448108 97 2130 SH DEFINED 1 430 1100 600
PFIZER INC 717081103 1699 55958 SH SOLE 1 55511 0 447
PFIZER INC 717081103 164 5417 SH DEFINED 1 3817 0 1600
PHELPS DODGE CORP COM 717265102 23 500 SH DEFINED 1 500 0 0
THE PHOENIX COMPANIES 71902E109 12 1051 SH SOLE 1 1051 0 0
PITNEY BOWES INC COM 724479100 8 220 SH SOLE 1 220 0 0
PLACER DOME INC 725906101 2 170 SH SOLE 1 170 0 0
POPE & TALBOT INC DELAWARE 732827100 3 220 SH SOLE 1 220 0 0
POTLATCH CORP COM 737628107 4 150 SH SOLE 1 150 0 0
POWER TECHNOLOGIES 739363109 4 665 SH SOLE 1 665 0 0
PRAXAIR INC COM 74005P104 18 300 SH DEFINED 1 300 0 0
PRINCIPAL FINANCIAL GROUP 74251V102 51 1671 SH SOLE 1 1621 0 50
PROCTER & GAMBLE CO COM 742718109 1239 13356 SH SOLE 1 12076 0 1280
PROCTER & GAMBLE CO COM 742718109 129 1400 SH DEFINED 1 1400 0 0
PROGRESS ENERGY INC COM 743263105 10 232 SH SOLE 1 232 0 0
PRUDENTIAL FINANCIAL 744320102 140 3773 SH SOLE 1 3773 0 0
PUBLIC SVC ENTERPRISE GROUP INC 744573106 1 34 SH SOLE 1 0 0 34
PUBLIC STORAGE, INC REIT 74460D109 7 180 SH SOLE 1 180 0 0
PUTNAM MANAGED MUNICIPAL INCOME 746823103 3 500 DEFINED 1 0 0 500
TRUST
PUTNAM MASTER INTER INCR 746909100 7 1150 SH SOLE 1 1150 0 0
QLOGIC CORP COM 747277101 49 1053 SH SOLE 1 1053 0 0
QUALCOMM INC 747525103 8 200 SH SOLE 1 200 0 0
QUANTA SERVICES, INC 74762E102 6 730 SH SOLE 1 730 0 0
QWEST COMMUNICATIONS INTL INC COM 749121109 7 2104 SH SOLE 1 2104 0 0
RALCORP HOLDINGS NEW COM 751028101 1 66 SH DEFINED 1 0 0 66
RARE HOSPITALITY INTL INC 753820109 2 120 SH SOLE 1 120 0 0
RAYOVAC CORP 755081106 2 180 SH SOLE 1 180 0 0
RAYTHEON CO NEW 755111507 157 5630 SH SOLE 1 3780 0 1850
REED ELSEVIER PLC SPON ADR 758205108 2 85 SH SOLE 1 85 0 0
REGIONS FNCL CORP 758940100 609 17800 SH SOLE 1 16600 0 1200
REGIONS FNCL CORP 758940100 61 1786 SH DEFINED 1 0 1786 0
RELIANT RESOURCES INC 75952B105 2 394 SH SOLE 1 394 0 0
RELIANT RESOURCES INC 75952B105 10 2022 SH DEFINED 1 2022 0 0
REMINGTON OIL & GAS CORP COM 759594302 29 1600 SH SOLE 1 1600 0 0
RIO TINTO GBP 767204100 3 40 SH SOLE 1 40 0 0
RIVERSTONE NETWORKS INC 769320102 0 102 SH SOLE 1 102 0 0
ROCKWELL INTL CORP NEW 773903109 4 177 SH SOLE 1 177 0 0
ROCKWELL COLLINS INC 774341101 4 177 SH SOLE 1 177 0 0
ROWAN COMPANIES INC 779382100 3 155 SH SOLE 1 155 0 0
ROXIE INC 780008108 0 65 SH SOLE 1 65 0 0
ROYAL DUTCH PETE CO NY REG 780257804 367 8313 SH SOLE 1 6208 0 2105
GLD1.25
ROYAL DUTCH PETE CO NY REG 780257804 141 3200 SH DEFINED 1 3200 0 0
GLD1.25
RUBY TUESDAY INC 781182100 30 1260 SH DEFINED 1 0 0 1260
SBC COMMUNICATIONS, INC 78387G103 625 28128 SH SOLE 1 24330 0 3798
SBC COMMUNICATIONS, INC 78387G103 17 780 SH DEFINED 1 780 0 0
ST JUDE MEDICAL 790849103 263 4895 SH SOLE 1 3075 0 1820
SANMINA CORP 800907107 2 306 SH SOLE 1 306 0 0
SARA LEE CORP COM 803111103 61 3340 SH SOLE 1 3340 0 0
SCANA CORP NEW 80589M102 223 6512 SH SOLE 1 4247 0 2265
SCHERING PLOUGH CORP COM 806605101 284 18639 SH SOLE 1 18639 0 0
SCHERING PLOUGH CORP COM 806605101 289 19000 SH DEFINED 1 0 19000 0
SCHLUMBERGER LTD COM 806857108 297 6156 SH SOLE 1 4316 0 1840
THE CHARLES SCHWAB CORP 808513105 17 1500 SH SOLE 1 1500 0 0
SCRIPPS EW INC NEW CL A 811054204 34 400 SH SOLE 1 400 0 0
SEARS ROEBUCK & CO COM 812387108 83 1920 SH SOLE 1 1920 0 0
SEARS ROEBUCK & CO COM 812387108 7 167 SH DEFINED 1 167 0 0
SELIGMAN SELECT MUN FD INC 816344105 13 1250 SH SOLE 1 1250 0 0
SEROLOGICALS CORP 817523103 3 235 SH SOLE 1 235 0 0
SERVICEMASTER COMPANY COM 81760N109 77 7593 SH SOLE 1 7593 0 0
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ -----
SHELL TRANS & TRADING PLCNEW YRK SH NEW 822703609 67 1800 SH DEFINED 1 1800 0 0
SHERWIN WILLIAMS CO COM 824348106 32 1100 SH SOLE 1 1100 0 0
SIEMENS AG SPONS ADR 826197501 3 55 SH SOLE 1 55 0 0
SIMMONS 1ST NATL CORP CL A $5 PAR 828730200 303 13200 SH SOLE 1 13200 0 0
SIMMONS 1ST NATL CORP CL A $5 PAR 828730200 11 500 SH DEFINED 1 500 0 0
SIMON PROPERTY GROUP INC 828806109 311 7155 SH SOLE 1 4705 0 2450
SIRIUS SATTELITE RADIO 82966U103 18 10000 SH SOLE 1 10000 0 0
SKYWORKS SOLUTIONS 83088M102 0 61 SH SOLE 1 61 0 0
SMUCKER J M CO 832696405 0 18 SH SOLE 1 18 0 0
SMURFIT-STONE CONTAINER CORP 832727101 7 495 SH SOLE 1 495 0 0
SNAP ON INC 833034101 4 145 SH SOLE 1 145 0 0
SOLUTIA INC COM 834376105 1 500 SH SOLE 1 500 0 0
SONIC WALL INC 835470105 5 910 SH SOLE 1 910 0 0
SONY CORP 835699307 34 1000 SH DEFINED 1 1000 0 0
SOUTHERN CO COM 842587107 567 19359 SH SOLE 1 19359 0 0
SOUTHERN CO COM 842587107 76 2600 SH DEFINED 1 2600 0 0
SOUTHWEST AIRLS CO COM 844741108 8 505 SH SOLE 1 505 0 0
SPINNAKER EXPLORATION CO 84855W109 2 115 SH SOLE 1 115 0 0
SPRINT CORP COM FON GROUP 852061100 845 56000 SH SOLE 1 56000 0 0
STANCORP FINANCIAL GROUP 852891100 2 50 SH SOLE 1 50 0 0
STARBUCKS CORP 855244109 21 744 SH SOLE 1 744 0 0
STEWART ENTERPRISES 860370105 15 4000 SH SOLE 1 4000 0 0
STONE ENERGY CORP 861642106 3 95 SH SOLE 1 95 0 0
SUN LIFE FINANCIAL 866796105 294 13617 SH SOLE 1 13617 0 0
SUN MICROSYSTEMS 866810104 5 1700 SH SOLE 1 1700 0 0
SUNGARD DATA SYSTEMS 867363103 197 7525 SH SOLE 1 7130 0 395
SUNOCO INC 86764P109 40 1000 SH SOLE 1 1000 0 0
SUNTRUST BANKS INC COM 867914103 60 1005 SH SOLE 1 1005 0 0
SYNOVUS FINL CORP 87161C105 28 1125 SH SOLE 1 1125 0 0
TDC A/S SPONSORED ADR 87236N102 3 210 SH SOLE 1 210 0 0
TECO ENERGY INC COM 872375100 4 300 SH SOLE 1 300 0 0
TXU CORP 873168108 35 1500 SH SOLE 1 1500 0 0
TARGET CORP 87612E106 284 7557 SH SOLE 1 5432 0 2125
TARGET CORP 87612E106 15 400 SH DEFINED 1 400 0 0
TELEFONICA SA SPONSORED ADR 879382208 3 90 SH SOLE 1 90 0 0
TELLABS INC DELAWARE 879664100 4 600 SH SOLE 1 600 0 0
TELLABS INC DELAWARE 879664100 1 200 SH DEFINED 1 200 0 0
TENNECO AUTOMOTIVE NW 880349105 0 150 SH SOLE 1 150 0 0
TEVA PHARMACEUTICAL IND ADR'S 881624209 14 249 SH SOLE 1 249 0 0
TEXAS GENCO HOLDINGS INC. 882443104 0 25 SH SOLE 1 25 0 0
TEXAS GENCO HOLDINGS INC. 882443104 3 128 SH DEFINED 1 128 0 0
TEXAS INSTRUMENTS 882508104 27 1200 SH SOLE 1 1200 0 0
TEXTRON INCORPORATED COMM 883203101 244 6198 SH SOLE 1 3725 0 2473
THOMAS & BETTS CORP COM 884315102 3 200 SH SOLE 1 200 0 0
THORNBURG MORTGAGE INC 885218107 7 300 SH SOLE 1 300 0 0
3M CO 88579Y101 355 5142 SH SOLE 1 4352 0 790
TIFFANY & CO NEW 886547108 82 2200 SH SOLE 1 2200 0 0
TOTAL FINA ELF S.A. ADR 89151E109 3 40 SH SOLE 1 40 0 0
TOYOTA MOTOR CORP ADR NEW 892331307 3 60 SH SOLE 1 60 0 0
TRAVELERS PROPERTY CASUALTY CORP CL A 89420G109 13 831 SH SOLE 1 831 0 0
TRAVELERS PROPERTY CASUALTY CORP CL A 89420G109 5 350 SH DEFINED 1 350 0 0
TRAVELERS PPTY & CAS CORP NEW CLASS B 89420G406 8 539 SH SOLE 1 539 0 0
1
TRAVELERS PPTY & CAS CORP NEW CLASS B 89420G406 11 720 SH DEFINED 1 720 0 0
TRIAD HOSPS INC 89579K109 2 80 SH SOLE 1 80 0 0
TRIBUNE COMPANY 896047107 55 1200 SH SOLE 1 1200 0 0
TRUSTMARK CORP COM 898402102 631 23288 SH SOLE 1 23288 0 0
TRUSTMARK CORP COM 898402102 27 1000 SH DEFINED 1 1000 0 0
TYCO INTL LTD NEW COM 902124106 7 350 SH SOLE 1 350 0 0
TYSON FOODS INC CL A 902494103 10 750 SH SOLE 1 0 0 750
TYSON FOODS INC CL A 902494103 211 15000 SH DEFINED 1 15000 0 0
UST INC COMMON STOCK 902911106 1 50 SH SOLE 1 0 0 50
USA TRUCK INC -RESTRICTED 902925106 837 71498 SH SOLE 1 71498 0 0
US BANCORP DEL NEW 902973304 10 441 SH SOLE 1 359 0 82
US UNWIRED INC 90338R104 5 5000 SH SOLE 1 5000 0 0
ULTRATECH STEPPER INC 904034105 1 65 SH SOLE 1 65 0 0
UNIFI INC 904677101 2 605 SH SOLE 1 605 0 0
UNION PACIFIC CORP 907818108 12 222 SH SOLE 1 200 0 22
UNION PACIFIC CORP 907818108 229 3950 SH DEFINED 1 150 3800 0
UNION PLANTERS CORP 908068109 1007 31864 SH SOLE 1 31864 0 0
UNION PLANTERS CORP CONV PFD SER 908068307 57 1000 SH SOLE 1 1000 0 0
E 8%
UNISYS CORP 909214108 7 531 SH SOLE 1 531 0 0
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ --------
UNITED STATIONERS INC 913004107 2 75 SH SOLE 1 75 0 0
UNIVERSAL ELECTRONICS INC 913483103 1 165 SH SOLE 1 165 0 0
VERIZON COMMUNICATIONS 92343V104 814 25102 SH SOLE 1 22331 0 2771
VERIZON COMMUNICATIONS 92343V104 76 2344 SH DEFINED 1 2344 0 0
VIAD CORP 92552R109 8 348 SH SOLE 1 348 0 0
VIACOM INC CL B 925524308 79 2071 SH SOLE 1 1905 0 166
VIACOM INC CL B 925524308 12 325 SH DEFINED 1 325 0 0
VISTEON CORP 92839U107 0 75 SH SOLE 1 75 0 0
VODAFONE GROUP PLC NEW 92857W100 86 4259 SH SOLE 1 4259 0 0
W.P.CAREY & CO., LLC 92930Y107 78 2474 SH SOLE 1 2474 0 0
WACHOVIA CORP 2ND NEW 929903102 425 10330 SH SOLE 1 10269 0 61
WACHOVIA CORP 2ND NEW 929903102 20 500 SH DEFINED 1 500 0 0
WAL MART STORES INC COM 931142103 2674 47896 SH SOLE 1 44521 0 3375
WAL MART STORES INC COM 931142103 256 4586 SH DEFINED 1 1486 3000 100
WALGREEN CO COM 931422109 247 8094 SH SOLE 1 5909 0 2185
WASHINGTON MUTUAL INC 939322103 25 649 SH SOLE 1 600 0 49
WASTE MANAGEMENT INC NEW 94106L109 125 4803 SH SOLE 1 2375 0 2428
WASTE MANAGEMENT INC NEW 94106L109 0 1 SH DEFINED 1 0 0 1
WATSON WYATT & CO HLDGS CLASS A 942712100 3 170 SH SOLE 1 170 0 0
WEBSTER FINANCIAL CORP 947890109 3 90 SH SOLE 1 90 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 67 1500 SH SOLE 1 1500 0 0
WELLS FARGO & CO. NEW 949746101 235 4575 SH SOLE 1 4270 0 305
WELLS FARGO & CO. NEW 949746101 10 200 SH DEFINED 1 200 0 0
WESTAR ENERGY INC 95709T100 3 200 SH SOLE 1 200 0 0
WEYERHAEUSER CO COM 962166104 222 3800 SH SOLE 1 3800 0 0
WHITNEY HOLDING CORP COMMON 966612103 108 3180 SH SOLE 1 3180 0 0
WILD OATS MKTS INC 96808B107 3 365 SH SOLE 1 365 0 0
WILLIAMS COMPANY COMMON 969457100 16 1757 SH SOLE 1 1757 0 0
WYETH 983024100 370 8045 SH SOLE 1 6735 0 1310
WYETH 983024100 13 300 SH DEFINED 1 300 0 0
XM SATELLITE 983759101 387 25000 SH SOLE 1 25000 0 0
XCEL ENERGY INC 98389B100 2 154 SH SOLE 1 154 0 0
XILINX INC 983919101 2 100 SH SOLE 1 100 0 0
YANKEE CANDLE CO INC 984757104 4 175 SH SOLE 1 175 0 0
YUM BRANDS INC 988498101 77 2626 SH SOLE 1 2626 0 0
ZIMMER HLDGS INC 98956P102 18 328 SH SOLE 1 328 0 0
ZOLL MEDICAL CORP 989922109 3 115 SH SOLE 1 115 0 0
ALLIANT TECHSYSTEMS 018804104 10 210 SH SOLE 0 0 210
ALLSTATE CORP 020002101 5 150 SH SOLE 0 0 150
ALLTEL CORP NEW 020039103 6 125 SH SOLE 0 0 125
AMER INTL GROUP INC 026874107 4 67 SH SOLE 0 0 67
AMGEN INC 31162100 11 175 SH SOLE 0 0 175
AMSOUTH BANCORP 032165102 291 13724 SH SOLE 0 0 13724
AUTOMATIC DATA 053015103 4 100 SH SOLE 0 0 100
BANCORPSOUTH INC 059692103 271 12373 SH SOLE 0 0 12373
BANK OF AMERICA 060505104 12 150 SH SOLE 0 0 150
BERKSHIRE HATHAWAY INC DEL CL B 084670207 25 10 SH SOLE 0 0 10
BEST BUY INC 86516101 5 100 SH SOLE 0 0 100
BOMBAY COMPANY INC 097924104 0 0 SH SOLE 0 0 0
BOSTON SCIENTIFIC 101137107 8 120 SH SOLE 0 0 120
CAREER EDUCATION CRP 141665109 0 0 SH SOLE 0 0 0
CITIGROUP INC 1.73E+08 102 2250 SH SOLE 0 0 2250
COCA COLA CO 191216100 52 1200 SH SOLE 0 0 1200
COVENTRY HEALTH CARE 222862104 0 0 SH SOLE 0 0 0
DISNEY WALT CO DEL 254687106 4 200 SH SOLE 0 0 200
E M C CORP MASS 268648102 11 900 SH SOLE 0 0 900
EATON VANCE TAX MGD CLASS B 277911848 35 1982 SH SOLE 0 0 1981.506
GENERAL DYNAMICS CRP 369550108 9 110 SH SOLE 0 0 110
GENERAL ELECTRIC CO 3.7E+08 226 7585 SH SOLE 0 0 7585
GENERAL MOTORS CORP 370442105 10 240 SH SOLE 0 0 240
HEWLETT-PACKARD CO 428236103 10 540 SH SOLE 0 0 540
HOME DEPOT INC 437076102 4 127 SH SOLE 0 0 127
INTEL CORP 4.58E+08 121 4380 SH SOLE 0 0 4380
ISHARES TR DOW JONES 464287788 251 3157 SH SOLE 0 0 3157
JETBLUE AWYS CORP 477143101 6 100 SH SOLE 0 0 100
JOHNSON & JOHNSON 478160104 5 100 SH SOLE 0 0 100
L-3 COMMUNICATIONS 502424104 12 280 SH SOLE 0 0 280
LUCENT TECH INC 549463107 1 500 SH SOLE 0 0 500.178
MAGNA-LAB INC CL A 559235106 0 2000 SH SOLE 0 0 2000
MICROSOFT CORP 5.95E+08 51 1834 SH SOLE 0 0 1834
MYLAN LABS INC 628530107 9 230 SH SOLE 0 0 230
NASDAQ 100 TR 6.31E+08 8 250 SH SOLE 0 0 250
NOKIA CORP ADR 654902204 2 100 SH SOLE 0 0 100
OPEN TEXT CORP 683715106 0 0 SH SOLE 0 0 0
OXFORD HEALTH PLANS 691471106 0 0 SH SOLE 0 0 0
PEOPLES HLDG CO 711148106 66 1439 SH SOLE 0 0 1439
PFIZER INC 7.17E+08 14 468 SH SOLE 0 0 468
PITNEY BOWES INC 724479100 8 200 SH SOLE 0 0 200
PROCTER & GAMBLE CO 742718109 136 1470 SH SOLE 0 0 1470
RF MICRO DEVICES INC 749941100 4 400 SH SOLE 0 0 400
RESPIRONICS INC 761230101 0 0 SH SOLE 0 0 0
SUN MICROSYSTEMS INC 866810104 2 600 SH SOLE 0 0 600
SYBRON DENTAL COM 871142105 2 83 SH SOLE 0 0 83
SYSCO CORP 871829107 3 100 SH SOLE 0 0 100
TAIWAN SEMICONDUCTOR 874039100 7 680 SH SOLE 0 0 680
TEMPLETON FOREIGN CLASS A 880196209 491 50649 SH SOLE 0 0 50648.57
TEXAS INSTRUMENTS 882508104 7 300 SH SOLE 0 0 300
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------------------- ------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ --------
TYCO INTL LTD NEW 902124106 2 80 SH SOLE 0 0 80
US BANCORP DEL 902973304 5 215 SH SOLE 0 0 215
WAL-MART STORES INC 9.31E+08 13 240 SH SOLE 0 0 240
WALGREEN COMPANY 931422109 5 150 SH SOLE 0 0 150
PUTNAM INTERNATIONAL EQUITY CL A 74680E101 37 1985 SH SOLE 0 0 1984.934
APOGENT TECHNOLOGIES 03760A101 5 250 SH SOLE 0 0 250
BOEING CAP CORP SR 09700WDJ9 25 25000 SH SOLE 0 0 25000
CISCO SYS INC 17275R102 22 1100 SH SOLE 0 0 1100
HOSPITALITY 44106M102 4 100 SH SOLE 0 0 100
INTL PAPER CO 460146AR4 25 25000 SH SOLE 0 0 25000
JDS UNIPHASE CORP 46612J101 1 250 SH SOLE 0 0 250
JUNIPER NETWORKS 48203R104 2 100 SH SOLE 0 0 100
KRAFT FOODS INC CL A 50075N104 3 100 SH SOLE 0 0 100
LABORATORY CORP AMER 50540R409 3 100 SH SOLE 0 0 100
MBNA CORP 55262L100 2 100 SH SOLE 0 0 100
MERISTAR HOSPITALITY 58984Y103 6 847 SH SOLE 0 0 847
NAUTILUS GROUP INC 63910B102 4 300 SH SOLE 0 0 300
PRIVATE EXPT FDG 742651CU4 545 500000 SH SOLE 0 0 500000
S & P 500 DEPOSITORY 78462F103 10 100 SH SOLE 0 0 100
SONIC AUTOMOTIVE INC 83545G102 0 0 SH SOLE 0 0 0
TRAVELERS PPTY CAS CORP NEW CL A 89420G109 0 10 SH SOLE 0 0 10
TRAVELERS PPTY CAS CORP NEW CL B 89420G406 0 22 SH SOLE 0 0 22
WORLDCOM INC GA NEW COM 98157D106 0 1095 SH SOLE 0 0 1095
WORLDCOM INC GA (MCI 98157D304 0 55 SH SOLE 0 0 55
AMDOCS LIMITED ISIN G02602103 6 325 SH SOLE 0 0 325
#GB0022569080
FLEXTRONICS INTL INC ISIN Y2573F102 9 600 SH SOLE 0 0 600
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#SG9999000020
GRAND TOTALS 432688 10673059 7459289 3030012 183758
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