UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2003
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: 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: James C. Kelly, Jr.
Title: Vice President and Trust Operations Manager
Phone: (601) 944-3583
Signature, Place, and Date of Signing:
/s/ James C. Kelly, Jr. Jackson, Mississippi January 29, 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: 0
Form 13F Information Table Entry Total: 620
Form 13F Information Table Value Total: $477,275
(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. NONE.
2
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------------
NAMES OF ISSUER OF CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- -------- --------- -------- ------- --- ----- ---------- -------- ------ -------- --------
DAIMLERCHRYSLER AG ORD D1668R123 2 49 SH SOLE 49 0 0
ACE LIMITED G0070K103 20 497 SH SOLE 311 0 186
COOPER INDUSTRIES, LTD CL A G24182100 10 180 SH SOLE 0 0 180
INGSOLL-RAND CO CL A G4776G101 482 7112 SH SOLE 5720 0 1392
BERMUDA
NOBLE CORP G65422100 10 300 SH SOLE 300 0 0
ROYAL CARIBBEAN CRUISES V7780T103 6 200 SH SOLE 200 0 0
A F L A C INC 001055102 86 2400 SH SOLE 2400 0 0
AGL RESOURCES, INC 001204106 31 1090 SH SOLE 1090 0 0
AES CORPORATION 00130H105 9 1000 SH SOLE 1000 0 0
AT&T CORP COM NEW 001957505 121 5978 SH SOLE 5433 0 545
AT&T CORP COM NEW 001957505 2 119 SH DEFINED 119 0 0
AT&T WIRELESS SVCS INC 00209A106 67 8427 SH SOLE 8027 0 400
AT&T WIRELESS SVCS INC 00209A106 1 192 SH DEFINED 192 0 0
ABBOTT LAB 002824100 1363 29267 SH SOLE 25839 0 3428
ABBOTT LAB 002824100 223 4800 SH DEFINED 200 4000 600
ADAMS EXPRESS CO COM 006212104 120 9692 SH SOLE 9692 0 0
ADAPTEC INC 00651F108 3 400 SH SOLE 400 0 0
ADECCO SA-SPONS ADR 006754105 4 260 SH SOLE 260 0 0
ADVANCED MICRO DEVICES INC 007903107 8 600 SH SOLE 600 0 0
ADVANCED MICRO DEVICES INC 007903107 2 200 SH DEFINED 200 0 0
AETNA INC COM 00817Y108 6 100 SH DEFINED 0 0 100
AGILENT TECHNOLOGIES, INC. 00846U101 48 1675 SH SOLE 1675 0 0
AGNICO EAGLE MINES 008474108 6 500 SH SOLE 500 0 0
AIR PRODS & CHEMS INC COM 009158106 10 190 SH SOLE 101 0 89
ALBERTSONS, INC 013104104 10 485 SH SOLE 0 0 485
ALCOA INC 013817101 226 5966 SH SOLE 3985 0 1981
ALCOA INC 013817101 19 500 SH DEFINED 500 0 0
ALLEGHENY ENERGY INC 017361106 2 200 SH SOLE 200 0 0
ALLIANCE CAP MGMT HLDG L P 01855A101 67 2000 SH DEFINED 2000 0 0
ALLIED CAP CORP NEW COM 01903Q108 8 315 SH SOLE 315 0 0
ALLSTATE CORP COMMON 020002101 611 14223 SH SOLE 10831 0 3392
ALLSTATE CORP COMMON 020002101 25 604 SH DEFINED 310 0 294
ALLTEL CORP 020039103 227 4890 SH SOLE 4890 0 0
ALLTEL CORP 020039103 493 10600 SH DEFINED 10600 0 0
ALTRIA GROUP INC 02209S103 947 17410 SH SOLE 14401 0 3009
AMERICAN EAGLE OUTFITTERS, INC 02553E106 6 375 SH SOLE 220 0 155
AMERICAN ELECTRIC POWER 025537101 160 5258 SH SOLE 3503 0 1755
AMER EXPRESS CO 025816109 183 3800 SH SOLE 3800 0 0
AMERICAN INTERNATIONAL GROUP, 026874107 415 6266 SH SOLE 4065 0 2201
INC
AMERICAN INTERNATIONAL GROUP, 026874107 11 175 SH DEFINED 175 0 0
INC
AMERICAN ITALIAN PASTA CLASS A 027070101 5 140 SH SOLE 80 0 60
COMPANY
AMERUS LIFE HOLDINGS 03072M108 24 712 SH SOLE 712 0 0
AMERISOURCEBERGEN CORP 03073E105 17 313 SH SOLE 193 0 120
AMATEK INC 031100100 7 160 SH SOLE 95 0 65
AMGEN INC 031162100 225 3655 SH SOLE 2501 0 1154
AMGEN INC 031162100 12 200 SH DEFINED 200 0 0
AMSOUTH BANCORPORATION 032165102 1441 58821 SH SOLE 58821 0 0
ANADARKO PETE CORP 032511107 74 1464 SH DEFINED 0 1464 0
ANALOG DEVICES INC COM 032654105 4 100 SH SOLE 100 0 0
ANHEUSER-BUSCH COMPANIES 035229103 927 17604 SH SOLE 15904 0 1700
ANHEUSER-BUSCH COMPANIES 035229103 189 3600 SH DEFINED 3600 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 10 305 SH SOLE 0 0 305
APPLE COMP INC 037833100 68 3200 SH DEFINED 3200 0 0
APPLIED MATERIALS INC 038222105 120 5350 SH SOLE 5350 0 0
AQUANTIVE INC 03839G105 2 280 SH SOLE 0 0 280
ARCH COAL, INC 039380100 10 340 SH SOLE 200 0 140
ARCHER-DANIELS-MIDLAND COMPANY 039483102 4 279 SH SOLE 279 0 0
ARMOR HOLDINGS, INC 042260109 5 225 SH SOLE 130 0 95
ARVINMERITOR 043353101 1 44 SH SOLE 44 0 0
ASTORIA FINANCIAL CORP 046265104 4 130 SH SOLE 75 0 55
AUTODESK INC 052769106 9 389 SH SOLE 241 0 148
AUTO DATA PROCESS 053015103 205 5200 SH SOLE 5200 0 0
AUTO DATA PROCESS 053015103 87 2200 SH DEFINED 2200 0 0
AUTOZONE 053332102 17 200 SH SOLE 200 0 0
AUTOZONE 053332102 45 530 SH DEFINED 530 0 0
AVAYA INC 053499109 2 227 SH SOLE 227 0 0
AVON PRODUCTS INC COM 054303102 47 700 SH SOLE 700 0 0
AXA-UAP ADR 054536107 5 236 SH SOLE 236 0 0
BP AMOCO PLC SPONSORED ADR 055622104 481 9767 SH SOLE 9734 0 33
BP AMOCO PLC SPONSORED ADR 055622104 227 4610 SH DEFINED 4610 0 0
BMC SOFTWARE 055921100 23 1253 SH SOLE 797 0 456
BAKER HUGHES INC COM 057224107 16 506 SH SOLE 506 0 0
BALDOR ELEC CO COM 057741100 32487 1422387 SH DEFINED 1422387 0 0
BANCO BILBAO VIZCAYA SP ADR 05946K101 3 285 SH SOLE 285 0 0
BANCORPSOUTH INC 059692103 21344 900252 SH SOLE 899252 0 1000
BANCORPSOUTH INC 059692103 3188 134498 SH DEFINED 131232 2592 674
BANK OF AMERICA CORP NEW COM 060505104 689 8570 SH SOLE 6695 0 1875
BANK OF AMERICA CORP NEW COM 060505104 24 300 SH DEFINED 300 0 0
BANK OF THE OZARKS, INC 063904106 2076 92200 SH DEFINED 92200 0 0
BANK OF NEW YORK 064057102 289 8745 SH SOLE 5535 0 3210
BANK ONE CORP COM 06423A103 110 2420 SH SOLE 2420 0 0
BANK ONE CORP COM 06423A103 67 1482 SH DEFINED 0 1482 0
3
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------------
NAMES OF ISSUER OF CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- -------- --------- -------- ------- --- ----- ---------- -------- ------ -------- --------
BAXTER INTL INC 071813109 264 8670 SH SOLE 6040 0 2630
BEAR STEARNS COS INC 073902108 110 1381 SH SOLE 1357 0 24
BED BATH & BEYOND 075896100 8 200 SH SOLE 200 0 0
BELLSOUTH CORP 079860102 863 30525 SH SOLE 27065 0 3460
BELLSOUTH CORP 079860102 11 400 SH DEFINED 400 0 0
BERKSHIRE HATHAWAY "A" 084670108 84 1 SH SOLE 1 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 8 3 SH DEFINED 3 0 0
BLACKROCK INVT QUALITY MUNI 09247D105 43 3000 SH SOLE 3000 0 0
TR INC
MF BLACKROCK INCOME TRUST 09247F100 17 2400 SH SOLE 2400 0 0
BLACKSTONE INVESTMENT QUALITY 09247J102 39 4155 SH SOLE 4155 0 0
TERM TRUST
BLOCK H & R INC COM 093671105 29 530 SH SOLE 348 0 182
BOEING INC 097023105 52 1250 SH SOLE 650 0 600
BORG WARNER AUTOMOTIVE INC 099724106 2 32 SH SOLE 32 0 0
BOSTON SCIENTIFIC 101137107 1 46 SH SOLE 0 0 46
BRINKER INTL INC 109641100 13 414 SH SOLE 238 0 176
BRINK'S COMPANY, INC 109696104 4 180 SH SOLE 105 0 75
BRISTOL MYERS SQUIBB CO 110122108 572 20028 SH SOLE 19598 0 430
BRISTOL MYERS SQUIBB CO 110122108 57 2000 SH DEFINED 2000 0 0
BRITISH SKY BROADCASTING GP SPON 111013108 3 70 SH SOLE 70 0 0
PLC ADR
BROWN TOM INC NEW 115660201 6 190 SH SOLE 110 0 80
BUCKEYE TECHNOLOGY INC 118255108 15 1500 SH SOLE 1500 0 0
BURLINGTON NORTHERN/SANTA FE 12189T104 10 330 SH SOLE 0 0 330
CORP
CBRL GROUP INC COM 12489V106 37 990 SH SOLE 955 0 35
CEC ENTMT INC 125137109 18 400 SH SOLE 400 0 0
CIGNA CORPORATION 125509109 31 544 SH SOLE 225 0 319
CLECO CORP COM 12561W105 10 576 SH SOLE 461 0 115
CSK AUTO CORP 125965103 8 430 SH SOLE 250 0 180
CNET NETWORKS INC 12613R104 0 118 SH SOLE 118 0 0
CVS CORP DELAWARE 126650100 19 541 SH SOLE 353 0 188
CADBURY SCHWEPPES PLC ADR 127209302 35 1200 SH SOLE 1200 0 0
CALLAWAY GOLF CO 131193104 10 615 SH SOLE 240 0 375
CAMPBELL SOUP CO COM 134429109 10 400 SH SOLE 400 0 0
CAPITAL ONE FINL CORP COM 14040H105 159 2600 SH SOLE 2600 0 0
CARAUSTAR INDUSTRIES, INC 140909102 5 370 SH SOLE 218 0 152
CARDINAL HEALTH INC COM 14149Y108 12 200 SH SOLE 200 0 0
CARNIVAL CORP 143658300 14 366 SH SOLE 206 0 160
CATERPILLAR INC 149123101 8 100 SH SOLE 100 0 0
CENDANT CORP COM 151313103 24 1099 SH SOLE 1000 0 99
CENTERPOINT ENERGY INC 15189T107 4 500 SH SOLE 500 0 0
CENTURYTEL, INC 156700106 99 3040 SH SOLE 3040 0 0
CHARTER COMMUNICATIONS INC DEL CL A 16117M107 2 600 SH SOLE 600 0 0
CHECKPOINT SYSTEMS 162825103 18 1000 SH SOLE 1000 0 0
CHEVRONTEXACO CORP 166764100 973 11268 SH SOLE 9728 0 1540
CHEVRONTEXACO CORP 166764100 114 1327 SH DEFINED 1327 0 0
CINERGY 172474108 2 75 SH SOLE 75 0 0
CISCO SYS INC 17275R102 927 38289 SH SOLE 33597 0 4692
CISCO SYS INC 17275R102 33 1400 SH DEFINED 800 0 600
CITIGROUP, INC 172967101 942 19424 SH SOLE 16621 0 2803
CITIGROUP, INC 172967101 393 8117 SH DEFINED 8117 0 0
CITIZENS HOLDING COMPANY 174715102 3631 158987 SH SOLE 158987 0 0
CLEAR CHANNEL COMMUNICATIONS 184502102 4 100 SH SOLE 100 0 0
COCA COLA BOTTLING CO CONS COM 191098102 19 370 SH SOLE 370 0 0
COCA COLA CO 191216100 1305 25732 SH SOLE 23252 0 2480
COCA COLA CO 191216100 71 1400 SH DEFINED 400 0 1000
COCA COLA ENTERPRISES INC COM 191219104 52 2400 SH SOLE 2400 0 0
COLGATE-PALMOLIVE CO 194162103 205 4112 SH SOLE 4112 0 0
COLGATE-PALMOLIVE CO 194162103 10 200 SH DEFINED 0 0 200
COLONIAL BANCGROUP INC 195493309 4 240 SH SOLE 140 0 100
COLUMBIA SPORTSWEAR CO 198516106 4 75 SH SOLE 45 0 30
COMCAST CORP NEW CL 20030N101 165 5046 SH SOLE 5046 0 0
A COM
COMCAST CORP NEW CL 20030N101 2 80 SH DEFINED 80 0 0
A COM
COMMSCOPE INC 203372107 16 1000 SH SOLE 1000 0 0
COMPUTER SCIENCES CORPORATION COMMON 205363104 4 99 SH DEFINED 0 0 99
COMSTOCK RES INC NEW 205768203 3 205 SH SOLE 0 0 205
CONAGRA FOODS INC COM 205887102 10 415 SH SOLE 0 0 415
CONEXANT SYS INC COM 207142100 0 176 SH SOLE 176 0 0
CONOCO PHILLIPS 20825C104 371 5672 SH SOLE 4421 0 1251
CONSTELLATION ENERGY CORP 210371100 5 150 SH SOLE 150 0 0
COOPER TIRE & RUBBER CO 216831107 340 15953 SH SOLE 14953 0 1000
COOPER TIRE & RUBBER CO 216831107 2 100 SH DEFINED 100 0 0
COSTCO WHOLESALE CORP 22160K105 23 640 SH SOLE 445 0 195
COX COMMUNICATIONS CL A 224044107 3 100 SH DEFINED 100 0 0
CRAY INC 225223106 3 325 SH SOLE 0 0 325
CRESCENT REAL ESTATE EQUITIE COM 225756105 5 345 SH SOLE 200 0 145
CROSS COUNTRY HEALTHCARE, INC 227483104 7 480 SH SOLE 280 0 200
CYBERONICS INC 23251P102 4 155 SH SOLE 0 0 155
CYTYC CORPORATION 232946103 4 295 SH SOLE 175 0 120
DNP SELECT INCOME FD INC 23325P104 12 1100 SH SOLE 1100 0 0
DTE ENERGY CO 233331107 10 275 SH SOLE 0 0 275
DANAHER CORP DEL COM 235851102 316 3445 SH SOLE 2185 0 1260
DEERE & CO 244199105 97 1500 SH SOLE 1500 0 0
DEL MONTE FOODS COM 24522P103 1 121 SH SOLE 121 0 0
DELL INC 24702R101 456 13437 SH SOLE 13215 0 222
DELPHI AUTO SYSTEMS 247126105 2 250 SH SOLE 250 0 0
DELTA & PINE LD CO COM 247357106 12 509 SH SOLE 509 0 0
DELTIC TIMBER INC 247850100 192 6324 SH SOLE 6324 0 0
DELTIC TIMBER INC 247850100 19615 645471 SH DEFINED 242423 403048 0
DELUXE CORP 248019101 10 265 SH SOLE 0 0 265
4
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------------
NAMES OF ISSUER OF CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- -------- --------- -------- ------- --- ----- ---------- -------- ------ -------- --------
DEVON ENERGY CORP NEW COM 25179M103 4 82 SH SOLE 82 0 0
DIAGEO P L C SPON 25243Q205 3 75 SH SOLE 75 0 0
ADR NEW
DIAL CORPORATION 25247D101 9 348 SH SOLE 348 0 0
DIAMONDCLUSTER INTL INC COM 25278P106 2 200 SH SOLE 200 0 0
DIGENE CORP 253752109 4 105 SH SOLE 0 0 105
WALT DISNEY CO 254687106 364 15616 SH SOLE 11283 0 4333
WALT DISNEY CO 254687106 4 200 SH DEFINED 200 0 0
DOMINION RES INC VA NEW 25746U109 1 25 SH SOLE 25 0 0
DOW CHEMICAL CO 260543103 99 2383 SH SOLE 2383 0 0
DOW CHEMICAL CO 260543103 20 483 SH DEFINED 483 0 0
DREYFUS STRATEGIC MUNICIPALS 261932107 20 2086 SOLE 2086 0 0
INC
DREYFUS MUNICIPAL INCOME INC 26201R102 18 1832 SOLE 1832 0 0
DU PONT EI D NEMOURS & CO 263534109 32 711 SH SOLE 680 0 31
DUKE ENERGY CORP COM 264399106 63 3114 SH SOLE 3114 0 0
DUKE REALTY CORP 264411505 10 345 SH SOLE 0 0 345
DYNEX CAP INC COM NEW 26817Q506 0 106 SH DEFINED 0 0 106
E-LOAN INC 26861P107 2 1000 SH SOLE 1000 0 0
EMC CORP 268648102 276 21390 SH SOLE 15165 0 6225
EMC CORP 268648102 49 3800 SH DEFINED 3800 0 0
ENSCO INTERNATIONAL INC 26874Q100 2 74 SH SOLE 0 0 74
ENI S P A SPONSORED ADR 26874R108 10 110 SH SOLE 0 0 110
E TRADE FINANCIAL CORP 269246104 50 4000 SH SOLE 4000 0 0
EASTMAN KODAK CO 277461109 36 1430 SH SOLE 1000 0 430
EASTMAN KODAK CO 277461109 3 125 SH DEFINED 125 0 0
EATON CORP COM 278058102 383 3550 SH SOLE 2790 0 760
ECHOSTAR COMMUN 278762109 16 500 SH SOLE 500 0 0
EDWARDS LIFESCIENCES CORP 28176E108 7 240 SH SOLE 240 0 0
EL PASO CORPORATION 28336L109 1 212 SH SOLE 212 0 0
ELAN CORP PLC ADR 284131208 0 100 SH SOLE 100 0 0
ELECTRONIC DATA SYS CORP NEW 285661104 15 642 SH SOLE 550 0 92
EMERSON ELECTRIC CO 291011104 142 2200 SH SOLE 2200 0 0
EMULEX NETWORK SYSTEMS 292475209 12 465 SH SOLE 200 0 265
ENCYSIVE PHARMACEUTICALS INC COM 29256X107 0 100 SH SOLE 100 0 0
ENCORE WIRE CORP COM 292562105 379 21300 SH SOLE 13900 0 7400
ENTERASYS NETWORKS INC 293637104 4 1255 SH SOLE 200 0 1055
ENTERGY CORP 29364G103 299 5249 SH SOLE 4249 0 1000
ENTERGY CORP 29364G103 33 593 SH DEFINED 593 0 0
EQUITY INNS, INC 294703103 13 1500 SH DEFINED 1500 0 0
EQUITY RESIDENTIAL PPTYS SBI 29476L107 12 436 SH SOLE 436 0 0
ESTERLINE TECHNOLOGIES CORP 297425100 8 310 SH SOLE 185 0 125
EXXON MOBIL CORP 30231G102 6018 146804 SH SOLE 145649 0 1155
EXXON MOBIL CORP 30231G102 1093 26676 SH DEFINED 16476 4700 5500
FPL GROUP INC 302571104 251 3838 SH SOLE 2450 0 1388
FAIR ISAAC & CO INC 303250104 5 110 SH SOLE 0 0 110
FED HMN LN MTG CORP VOTING 313400301 14 250 SH SOLE 250 0 0
COM
FNMA COM 313586109 90 1200 SH SOLE 1200 0 0
FEDERATED DEPT STORES INC 31410H101 1 41 SH SOLE 0 0 41
FEDEX CORPORATION 31428X106 108 1600 SH SOLE 1600 0 0
FIRST DATA CORP COM 319963104 1 40 SH SOLE 0 0 40
FIRST INDL RLTY TR INC 32054K103 15 450 SH SOLE 450 0 0
FIRST M & F CORP 320744105 48 1293 SH SOLE 1293 0 0
FIRST TENNESSEE NATIONAL CORP 337162101 56 1282 SH SOLE 1282 0 0
FIRSTMERIT CORP 337915102 3 130 SH SOLE 75 0 55
FIRST ENERGY CORP COMMON 337932107 11 328 SH SOLE 198 0 130
FLEET BOSTON CORP 339030108 47 1087 SH SOLE 976 0 111
FORD MOTOR COMPANY COMMON 345370860 30 1879 SH SOLE 1760 0 119
FORD MOTOR COMPANY COMMON 345370860 11 700 SH DEFINED 700 0 0
FOREST LABS 345838106 24 395 SH SOLE 266 0 129
FORREST OIL CORP 346091705 154 5400 SH SOLE 0 0 5400
FORRESTER RESEARCH INC 346563109 6 390 SH SOLE 235 0 155
FUELCELL ENERGY INC COM 35952H106 2 200 SH SOLE 200 0 0
FULTON FINANCIAL CORP -PA 360271100 7 355 SH SOLE 205 0 150
FURNITURE BRANDS INTL 360921100 9 310 SH SOLE 185 0 125
GSI COMMERCE INC 36238G102 0 29 SH SOLE 29 0 0
GAP INC DEL COM 364760108 36 1562 SH SOLE 1500 0 62
GENERAL ELECTRIC CO 369604103 2314 74733 SH SOLE 74358 0 375
GENERAL ELECTRIC CO 369604103 179 5800 SH DEFINED 4600 0 1200
GENERAL MLS INC COM 370334104 16 370 SH SOLE 370 0 0
GENERAL MLS INC COM 370334104 0 20 SH DEFINED 0 0 20
GEN MTR CORP 370442105 52 991 SH SOLE 540 0 451
GENOME THERAPEUTICS CORP COM 372430108 3 1000 SH SOLE 0 0 1000
GEORGIA PAC CORP 373298108 68 2222 SH SOLE 1660 0 562
GETTY IMAGES INC 374276103 5 115 SH SOLE 0 0 115
GILLETTE CO 375766102 103 2806 SH SOLE 2806 0 0
GILLETTE CO 375766102 127 3485 SH DEFINED 3485 0 0
GLAXO WELLCOME PLC SPONSORED 37733W105 37 797 SH SOLE 305 0 492
ADR
GOLD FIELDS LTD SPONS 38059T106 2 155 SH SOLE 155 0 0
ADR
GOLDMAN SACHS GROUP 38141G104 27 282 SH SOLE 178 0 104
GOODYEAR TIRE & RUBBER 382550101 4 526 SH SOLE 526 0 0
GREAT LAKES CHEM CORP COM 390568103 48 1785 SH DEFINED 1785 0 0
GREAT PLAINS ENERGY INC 391164100 59 1855 SH SOLE 1855 0 0
GUIDANT CORP COM 401698105 147 2458 SH SOLE 2398 0 60
GUITAR CENTER INC 402040109 4 140 SH SOLE 0 0 140
HCA INC. 404119109 91 2120 SH SOLE 1943 0 177
HCC INSURANCE HOLDINGS, INC 404132102 8 265 SH SOLE 155 0 110
HALLIBURTON CO COM 406216101 314 12115 SH SOLE 8095 0 4020
HANCOCK FABRICS 409900107 23 1600 SH SOLE 1600 0 0
HANCOCK HLDG CO CAP VALUE 410120109 237 4345 SH SOLE 4345 0 0
CEF HANCOCK JOHN PFD 41013X106 10 400 SH SOLE 400 0 0
5
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------------
NAMES OF ISSUER OF CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- -------- --------- -------- ------- --- ----- ---------- -------- ------ -------- --------
JOHN HANCOCK 41014S106 10 285 SH SOLE 285 0 0
HARLEY DAVIDSON INC COM 412822108 24 511 SH SOLE 355 0 156
HARMAN INTL INDS INC 413086109 11 150 SH SOLE 0 0 150
HARRIS CORP 413875105 53 1400 SH SOLE 1400 0 0
HARTFORD FNCL SV GRP INC COM 416515104 2 49 SH SOLE 0 0 49
HARTFORD FNCL SV GRP INC COM 416515104 14 250 SH DEFINED 250 0 0
HASBRO, INC 418056107 16 787 SH DEFINED 787 0 0
HEADWATERS INC 42210P102 10 525 SH SOLE 305 0 220
HEINZ H J CO COM 423074103 9 273 SH SOLE 273 0 0
HERSHEY FOODS CORP 427866108 222 2895 SH SOLE 1860 0 1035
HEWLETT PACKARD CO 428236103 757 32988 SH SOLE 26713 0 6275
HEWLETT PACKARD CO 428236103 9 400 SH DEFINED 0 0 400
HIBERNIA CORP 428656102 7232 307778 SH SOLE 306878 0 900
HIBERNIA CORP 428656102 21 900 SH DEFINED 900 0 0
HIGH INCOME OPPORTUNITY FD 42967Q105 17 2500 SH SOLE 2500 0 0
HILB ROGAL & HAMILTON COMPANY 431294107 5 177 SH SOLE 102 0 75
HOME DEPOT 437076102 817 23050 SH SOLE 20410 0 2640
HOME DEPOT 437076102 54 1532 SH DEFINED 1532 0 0
HOMESTORE INC COM 437852106 0 180 SH SOLE 180 0 0
HUBBELL INC CL B 443510201 44 1000 SH SOLE 1000 0 0
HUDSON UNITED BANCORP 444165104 2 80 SH SOLE 45 0 35
ING PRIME RATE TR BEN INT 44977W106 110 13907 SH SOLE 13907 0 0
ILLINOIS TOOL WORKS INC 452308109 6 76 SH SOLE 76 0 0
IMATION CORP 45245A107 5 170 SH SOLE 100 0 70
IMAX CORP 45245E109 1 215 SH SOLE 0 0 215
IMPERIAL TOBACCO PLC SPON ADR 453142101 3 90 SH SOLE 90 0 0
ING GROEP N V 456837103 20 866 SH SOLE 548 0 318
INSIGHT ENTERPRISES INC COM 45765U103 52 2775 SH SOLE 2775 0 0
INPUT/OUTPUT INC 457652105 6 1450 SH SOLE 835 0 615
INTERGRATED CIRCUIT SYSTEMS 45811K208 8 295 SH SOLE 0 0 295
NEW, INC
INTEGRATED DEVICE TECHNOLOGY 458118106 3 225 SH SOLE 0 0 225
INTEGRATED SILICON 45812P107 7 480 SH SOLE 0 0 480
INTEL CORP CAP 458140100 1606 50135 SH SOLE 44772 0 5363
INTEL CORP CAP 458140100 121 3780 SH DEFINED 2980 0 800
IBM CORP 459200101 1620 17484 SH SOLE 15634 0 1850
IBM CORP 459200101 44 475 SH DEFINED 475 0 0
INTL PAPER CO 460146103 419 9742 SH SOLE 6784 0 2958
INTL PAPER CO 460146103 38 900 SH DEFINED 0 900 0
INTERPORE INTERNATIONAL 46062W107 2 225 SH SOLE 0 0 225
INVESTORS FINANCIAL SERVICE 461915100 3 100 SH SOLE 0 0 100
CORP
IONICS, INC 462218108 8 260 SH SOLE 155 0 105
JDS UNIPHASE CORP COM 46612J101 0 120 SH SOLE 120 0 0
J P MORGAN CHASE & CO 46625H100 131 3577 SH SOLE 3182 0 395
J P MORGAN CHASE & CO 46625H100 55 1500 SH DEFINED 1500 0 0
JANUS CAPITAL GROUP INC. 47102X105 9 600 SH SOLE 600 0 0
JEFFERSON PILOT CORPORATION 475070108 10 215 SH SOLE 0 0 215
JOHNSON & JOHNSON 478160104 2075 40193 SH SOLE 38527 0 1666
JOHNSON & JOHNSON 478160104 448 8675 SH DEFINED 5000 1200 2475
JOHNSON CONTROLS INC 478366107 368 3170 SH SOLE 2120 0 1050
KLA TENCOR CORP 482480100 5 100 SH SOLE 100 0 0
KELLOGG CO 487836108 7 200 SH SOLE 200 0 0
KERR-MCGEE CORPORATION INC 492386107 10 235 SH SOLE 0 0 235
KEYCORP NEW 493267108 21 745 SH SOLE 0 0 745
KEYSPAN CORP COM 49337W100 10 285 SH SOLE 0 0 285
KIMBERLY-CLARK CORP 494368103 11 200 SH SOLE 200 0 0
KIMBERLY-CLARK CORP 494368103 23 400 SH DEFINED 400 0 0
KINDER MORGAN ENERGY 494550106 11 232 SH SOLE 232 0 0
PARTNERS, L.P
KNIGHT TRANSPORTATION INC 499064103 3 120 SH SOLE 0 0 120
KOHL'S CORP 500255104 161 3600 SH SOLE 3600 0 0
KONINKLIJKE PHLPS ELECTRS N V ADR NEW 500472303 4 159 SH SOLE 95 0 64
SP
KROGER CO 501044101 224 12153 SH SOLE 8023 0 4130
LSI LOGIC CORP COM 502161102 3 400 SH SOLE 400 0 0
LAFARGE SPONSORED ADR 505861401 4 180 SH SOLE 180 0 0
ESTEE LAUDER CO 518439104 3 100 SH SOLE 100 0 0
ESTEE LAUDER CO 518439104 23 600 SH DEFINED 600 0 0
LEHMAN BROTHERS HOLDINGS COM 524908100 310 4015 SH SOLE 2760 0 1255
LEVEL 3 COMMUNICATIONS INC 52729N100 34 6037 SH SOLE 6037 0 0
LEXMARK INTL NEW CL A 529771107 448 5701 SH SOLE 3573 0 2128
THE LIBERTY CORPORATION 530370105 108 2400 SH SOLE 2400 0 0
ELI LILLY & CO 532457108 628 8935 SH SOLE 7560 0 1375
ELI LILLY & CO 532457108 105 1500 SH DEFINED 1500 0 0
LIMITED BRANDS, INC 532716107 25 1425 SH SOLE 515 0 910
LINCOLN NATIONAL CORP IND 534187109 12 300 SH SOLE 0 0 300
LIONBRIDGE TECHNOLOGIES INC 536252109 3 405 SH SOLE 0 0 405
LOCKHEED MARTIN CORP 539830109 5 100 SH SOLE 100 0 0
LOWES CO INC 548661107 243 4400 SH SOLE 4400 0 0
LUCENT TECHNOLOGIES 549463107 65 23205 SH SOLE 23005 0 200
LUCENT TECHNOLOGIES 549463107 5 2000 SH DEFINED 1000 0 1000
M & T BANK CORP 55261F104 196 2000 SH SOLE 2000 0 0
MFS INTER INCOME TR BENINT 55273C107 6 1000 SH SOLE 1000 0 0
MI DEVS INC 55304X104 1 50 SH SOLE 50 0 0
MSC INDL DIRECT CO A 553530106 4 170 SH SOLE 0 0 170
MAGELLAN MIDSTREAM PARTNERS LP 559080106 10 200 SH SOLE 200 0 0
MGNA ENTMT CORP 559211107 0 20 SH SOLE 20 0 0
MANULIFE FINANCIAL CORP 56501R106 1236 38281 SH SOLE 38281 0 0
MARATHON OIL CORP 565849106 12 379 SH SOLE 0 0 379
MARVEL ENTERPRISES, INC 57383M108 8 285 SH SOLE 0 0 285
MASCO CORPORATION 574599106 2 89 SH SOLE 0 0 89
MAXIM INTEGRATED PRODUCTS INC 57772K101 25 513 SH SOLE 356 0 157
MAY DEPARTMENT STORES CO 577778103 26 910 SH SOLE 335 0 575
MCDATA CORP CLASS A 580031201 0 73 SH DEFINED 73 0 0
MCDONALD'S CORP 580135101 377 15195 SH SOLE 11145 0 4050
6
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------------
NAMES OF ISSUER OF CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- -------- --------- -------- ------- --- ----- ---------- -------- ------ -------- --------
MEADWESTVACO CORP 583334107 46 1547 SH SOLE 1547 0 0
MEDCO HEALTH SOLUTIONS INC 58405U102 43 1268 SH SOLE 1134 0 134
MEDCO HEALTH SOLUTIONS INC 58405U102 0 12 SH DEFINED 12 0 0
MEDICINES COMPANY 584688105 5 175 SH SOLE 0 0 175
MEDIMMUNE INC COM 584699102 1 75 SH SOLE 75 0 0
MEDTRONIC INC COM 585055106 17 360 SH SOLE 360 0 0
MELLON FINL CORP 58551A108 25 800 SH SOLE 800 0 0
MERCK & CO INC 589331107 1373 29730 SH SOLE 27555 0 2175
MERCK & CO INC 589331107 76 1650 SH DEFINED 1650 0 0
MERRILL LYNCH & CO, INC 590188108 18 320 SH SOLE 320 0 0
METLIFE INC COM 59156R108 89 2660 SH SOLE 2660 0 0
MICROSOFT CORP 594918104 684 25024 SH SOLE 24367 0 657
MICROSOFT CORP 594918104 21 800 SH DEFINED 0 0 800
MICROSTRATEGY INC CLASS A 594972408 3 75 SH SOLE 0 0 75
MID-AMERICA APARTMENT CMNTYS 59522J103 33 1000 SH DEFINED 1000 0 0
MIDATLANTIC MEDICAL 59523C107 4 75 SH SOLE 0 0 75
SERVICESINC
MIDAS GROUP INC 595626102 9 666 SH SOLE 666 0 0
MILLER HERMAN INC COM 600544100 76 3145 SH SOLE 3145 0 0
MINDSPEED TECNOLOGIES 602682106 0 58 SH SOLE 58 0 0
MIRANT CORP 604675108 1 2698 SH SOLE 2698 0 0
MITSUBISHI TOKYO FNCL GROUP SPND ADR 606816106 2 330 SH SOLE 330 0 0
INC
MONSANTO CO. (NEW) 61166W101 5 187 SH SOLE 187 0 0
MONSANTO CO. (NEW) 61166W101 6 235 SH DEFINED 150 0 85
MOODYS CORP 615369105 43 725 SH SOLE 602 0 123
MORGAN STANLEY DEAN WITTER 617446448 474 8196 SH SOLE 6610 0 1586
DISCOVER & CO
MORGAN STANLEY DEAN WITTER 617446448 15 260 SH DEFINED 260 0 0
DISCOVER & CO
MOTOROLA INC 620076109 138 9908 SH SOLE 9703 0 205
MOTOROLA INC 620076109 104 7466 SH DEFINED 7166 0 300
MULTIMEDIA GAMES INC 625453105 18 450 SH SOLE 450 0 0
MUNICIPAL MORTGAGE & EQUITY 62624B101 99 4000 SH SOLE 4000 0 0
LLC - GROWTH
MUNIVEST FD INC COM 626295109 45 5000 SOLE 5000 0 0
MURPHY OIL CORP COM 626717102 4668 71483 SH SOLE 71483 0 0
MURPHY OIL CORP COM 626717102 3037114 4650306 SH DEFINED 2068366 2581940
MYLAN LABORATORIES INC 628530107 48 1908 SH SOLE 1908 0 0
NBC CAP CORP 628729105 142 5333 SH SOLE 5333 0 0
NIC INC 62914B100 6 840 SH SOLE 0 0 840
NASDAQ 100 TRUST 631100104 7 200 SH SOLE 200 0 0
NATIONAL COMM FINL CORP 63545P104 70 2600 SH SOLE 2600 0 0
NEWPORT INC 651824104 3 215 SH SOLE 0 0 215
NEWS CORP LTD ADR 652487703 1 44 SH SOLE 0 0 44
NICOR INC COM 654086107 17 500 SH SOLE 500 0 0
NIKE INC CLASS B 654106103 47 700 SH SOLE 700 0 0
NIPPON TEL & TEL SPON ADR 654624105 3 155 SH SOLE 155 0 0
NISOURCE INC 65473P105 204 9310 SH SOLE 6000 0 3310
NOKIA CORP SPND ADR 654902204 279 16441 SH SOLE 11453 0 4988
NOBLE ENERGY INC 655044105 44 1000 SH SOLE 1000 0 0
NOMURA HOLDINGS INC ADR 65535H208 4 270 SH SOLE 270 0 0
NORFOLK SO CORP 655844108 33 1434 SH SOLE 1434 0 0
NORTEL NETWORK CORP NEW 656568102 21 5000 SH SOLE 5000 0 0
NORTHERN TRUST COMPANYNTRS 665859104 82 1780 SH SOLE 1780 0 0
NORTHERN TRUST COMPANYNTRS 665859104 166 3600 SH DEFINED 3600 0 0
NORTHRUP GRUMMAN 666807102 1 14 SH SOLE 0 0 14
NORTHWESTERN CORPORATION 668074107 0 330 SH SOLE 330 0 0
NOVARTIS AG SPONSORED ADR 66987V109 3 80 SH SOLE 80 0 0
NU SKIN ENTERPRISES INC CLASS A 67018T105 11 670 SH SOLE 395 0 275
NUVEEN INSD PREMIUM INCOME 6706D8104 4 338 SOLE 338 0 0
MUNI FD
NUVEEN MUNICIPAL MARKET OPP 67062W103 51 3529 SH SOLE 3529 0 0
OKLAHOMA GAS & ELEC ENERGYCORP 670837103 24 1000 SH SOLE 1000 0 0
NUVEEN QUALITY INCOME MUNI 670977107 7 500 SH SOLE 500 0 0
NUVEEN PREMIER MUNICIPAL INC 670988104 23 1565 SH SOLE 1565 0 0
OSI PHARMACEUTICALSINC COM 671040103 0 5 SH SOLE 5 0 0
OCCIDENTAL PETE COR DEL 674599105 31 755 SH SOLE 500 0 255
OCWEN FINANCIAL CORP 675746101 10 1205 SH SOLE 710 0 495
OHIO CASUALTY CORP 677240103 6 385 SH SOLE 225 0 160
OLIN CORP 680665205 3 166 SH DEFINED 166 0 0
OMNICOM GROUP 681919106 26 300 SH SOLE 300 0 0
OMNIVISION TECHNOLOGIES 682128103 3 70 SH SOLE 0 0 70
ORACLE SYSTEMS CORP 68389X105 182 13810 SH SOLE 9180 0 4630
PNC BANK CORP 693475105 1 29 SH SOLE 0 0 29
PPG INDUSTRIES INC 693506107 40 626 SH SOLE 600 0 26
PACIFIC CAPITAL BANCORP 69404P101 4 131 SH SOLE 76 0 55
PACTIV COPR 695257105 57 2399 SH SOLE 2146 0 253
PATTERSON UTI ENERGY INC 703481101 3 105 SH SOLE 0 0 105
PAYCHEX INC 704326107 5 150 SH SOLE 150 0 0
PCCW LTD SONSORED ADR 70454G207 3 494 SH DEFINED 494 0 0
PENTAIR INC 709631105 7 165 SH SOLE 105 0 60
PEOPLES ENERGY CORP COM 711030106 21 500 SH DEFINED 500 0 0
PEOPLES HLDG CO COM 711148106 42 1300 SH SOLE 1300 0 0
PEPCO HLDGS INC 713291102 8 457 SH SOLE 457 0 0
PEPSIAMERICAS INC 71343P200 68 4000 SH SOLE 4000 0 0
PEPSICO INC COM 713448108 1477 31691 SH SOLE 31426 0 265
PEPSICO INC COM 713448108 99 2130 SH DEFINED 430 1100 600
PETSMART INC 716768106 7 305 SH SOLE 0 0 305
PFIZER INC 717081103 1876 53122 SH SOLE 52486 0 636
PFIZER INC 717081103 191 5417 SH DEFINED 3817 0 1600
PHARMACEUTICAL RES INC 717125108 7 110 SH SOLE 0 0 110
PHELPS DODGE CORP COM 717265102 38 500 SH DEFINED 500 0 0
THE PHOENIX COMPANIES 71902E109 12 1051 SH SOLE 1051 0 0
PITNEY BOWES INC COM 724479100 13 330 SH SOLE 220 0 110
PLACER DOME INC 725906101 3 170 SH SOLE 170 0 0
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VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------------
NAMES OF ISSUER OF CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- -------- --------- -------- ------- --- ----- ---------- -------- ------ -------- --------
POPE & TALBOT INC DELAWARE 732827100 6 343 SH SOLE 203 0 140
PORTFOLIO RECOVERY ASSOCIATES 73640Q105 2 95 SH SOLE 0 0 95
INC
POTLATCH CORP COM 737628107 5 150 SH SOLE 150 0 0
POWER TECHNOLOGIES 739363109 8 1140 SH SOLE 665 0 475
PRAXAIR INC COM 74005P104 22 600 SH DEFINED 600 0 0
PRINCIPAL FINANCIAL GROUP 74251V102 53 1621 SH SOLE 1621 0 0
PRIORITY HEALTHCARE INC CL B 74264T102 3 165 SH SOLE 0 0 165
PROCTER & GAMBLE CO COM 742718109 1389 13916 SH SOLE 12596 0 1320
PROCTER & GAMBLE CO COM 742718109 139 1400 SH DEFINED 1400 0 0
PROGRESS ENERGY INC COM 743263105 10 232 SH SOLE 232 0 0
PRUDENTIAL FINANCIAL 744320102 162 3886 SH SOLE 3886 0 0
PUBLIC SVC ENTERPRISE GROUP 744573106 2 48 SH SOLE 0 0 48
INC
PUBLIC STORAGE, INC REIT 74460D109 7 180 SH SOLE 180 0 0
PUTNAM MANAGED MUNICIPAL 746823103 3 500 DEFINED 0 0 500
INCOME TRUST
PUTNAM MASTER INTER INCR 746909100 7 1150 SOLE 1150 0 0
QLOGIC CORP COM 747277101 54 1053 SH SOLE 1053 0 0
QUALCOMM INC 747525103 10 200 SH SOLE 200 0 0
QUANTA SERVICES, INC 74762E102 8 1225 SH SOLE 730 0 495
QWEST COMMUNICATIONS INTL INC COM 749121109 8 1865 SH SOLE 1865 0 0
CEF RMK HIGH INCOME FUND 74963B105 16 1008 SH SOLE 1008 0 0
RADISYS CORP 750459109 3 185 SH SOLE 0 0 185
RALCORP HOLDINGS NEW COM 751028101 2 66 SH DEFINED 0 0 66
RARE HOSPITALITY INTL INC 753820109 2 90 SH SOLE 90 0 0
RAYOVAC CORP 755081106 8 415 SH SOLE 245 0 170
RAYTHEON CO NEW 755111507 201 6701 SH SOLE 4505 0 2196
REGIONS FNCL CORP 758940100 662 17800 SH SOLE 16600 0 1200
REGIONS FNCL CORP 758940100 66 1786 SH DEFINED 0 1786 0
RELIANT RESOURCES INC 75952B105 2 394 SH SOLE 394 0 0
RELIANT RESOURCES INC 75952B105 14 2022 SH DEFINED 2022 0 0
REMINGTON OIL & GAS CORP COM 759594302 15 800 SH SOLE 800 0 0
REYNOLDS R J TOB HLDGS INC 76182K105 10 180 SH SOLE 0 0 180
RIO TINTO GBP 767204100 2 22 SH SOLE 22 0 0
RIVERSTONE NETWORKS INC 769320102 0 102 SH SOLE 102 0 0
ROCKWELL INTL CORP NEW 773903109 6 177 SH SOLE 177 0 0
ROCKWELL COLLINS INC 774341101 5 177 SH SOLE 177 0 0
ROWAN COMPANIES INC 779382100 6 265 SH SOLE 155 0 110
ROXIE INC 780008108 0 65 SH SOLE 65 0 0
ROYAL DUTCH PETE CO NY REG 780257804 115 2203 SH SOLE 2203 0 0
GLD1.25
ROYAL DUTCH PETE CO NY REG 780257804 167 3200 SH DEFINED 3200 0 0
GLD1.25
RUBY TUESDAY INC 781182100 35 1260 SH DEFINED 0 0 1260
SBC COMMUNICATIONS, INC 78387G103 791 30383 SH SOLE 25935 0 4448
SBC COMMUNICATIONS, INC 78387G103 20 780 SH DEFINED 780 0 0
ST JUDE MEDICAL 790849103 316 5160 SH SOLE 3265 0 1895
ST PAUL COS INC 792860108 10 275 SH SOLE 0 0 275
SANMINA CORP 800907107 3 306 SH SOLE 306 0 0
SARA LEE CORP COM 803111103 80 3703 SH SOLE 3361 0 342
SCANA CORP NEW 80589M102 215 6297 SH SOLE 4032 0 2265
SCHERING PLOUGH CORP COM 806605101 444 25569 SH SOLE 23009 0 2560
SCHERING PLOUGH CORP COM 806605101 330 19000 SH DEFINED 0 19000 0
SCHLUMBERGER LTD COM 806857108 386 7067 SH SOLE 5036 0 2031
SCRIPPS EW INC NEW CL A 811054204 28 300 SH SOLE 300 0 0
SEARS ROEBUCK & CO COM 812387108 86 1900 SH SOLE 1900 0 0
SEARS ROEBUCK & CO COM 812387108 7 167 SH DEFINED 167 0 0
SELECT COMFORT CORP 81616X103 3 155 SH SOLE 0 0 155
SELIGMAN SELECT MUN FD INC 816344105 13 1250 SH SOLE 1250 0 0
SEMTECH CORP 816850101 5 230 SH SOLE 0 0 230
SEMPRA ENERGY COM 816851109 10 365 SH SOLE 0 0 365
SEROLOGICALS CORP 817523103 7 410 SH SOLE 235 0 175
SERVICEMASTER COMPANY COM 81760N109 88 7593 SH SOLE 7593 0 0
SHELL TRANS & TRADING PLC NEW NEW 822703609 81 1800 SH DEFINED 500 0 0
YRK
SHERWIN WILLIAMS CO COM 824348106 38 1100 SH SOLE 1100 0 0
SIEMENS AG SPONS 826197501 4 55 SH SOLE 55 0 0
ADR
SIMMONS 1ST NATL CORP CL A $5 828730200 363 13200 SH SOLE 13200 0 0
PAR
SIMMONS 1ST NATL CORP CL A $5 828730200 13 500 SH DEFINED 500 0 0
PAR
SIRIUS SATTELITE RADIO 82966U103 31 10000 SH SOLE 10000 0 0
SKYWEST INC 830879102 3 215 SH SOLE 0 0 215
SKYWORKS SOLUTIONS 83088M102 0 61 SH SOLE 61 0 0
SMUCKER J M CO 832696405 0 7 SH SOLE 7 0 0
SMURFIT-STONE CONTAINER CORP 832727101 9 495 SH SOLE 495 0 0
SNAP ON INC 833034101 7 240 SH SOLE 145 0 95
SOLUTIA INC COM 834376105 0 500 SH SOLE 500 0 0
SONIC WALL INC 835470105 11 1535 SH SOLE 910 0 625
SONY CORP 835699307 34 1000 SH DEFINED 1000 0 0
SOUTHERN CO COM 842587107 566 18739 SH SOLE 18739 0 0
SOUTHERN CO COM 842587107 78 2600 SH DEFINED 2600 0 0
SOUTHWEST AIRLS CO COM 844741108 8 505 SH SOLE 505 0 0
SOUTHWEST BANCORPATION 84476R109 3 85 SH SOLE 0 0 85
SPINNAKER EXPLORATION CO 84855W109 7 230 SH SOLE 135 0 95
SPRINT CORP COM FON 852061100 929 56670 SH SOLE 56000 0 670
GROUP
SPRINT CORP PCS SR 1 852061506 12 2161 SH SOLE 1337 0 824
STANCORP FINANCIAL GROUP 852891100 5 85 SH SOLE 50 0 35
STARBUCKS CORP 855244109 34 1039 SH SOLE 744 0 295
STEWART ENTERPRISES 860370105 22 4000 SH SOLE 4000 0 0
STONE ENERGY CORP 861642106 7 165 SH SOLE 95 0 70
SUN LIFE FINANCIAL 866796105 340 13617 SH SOLE 13617 0 0
SUN MICROSYSTEMS 866810104 7 1700 SH SOLE 1700 0 0
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VOTING AUTHORITY
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NAMES OF ISSUER OF CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- -------- --------- -------- ------- --- ----- ---------- -------- ------ -------- --------
SUNOCO INC 86764P109 46 900 SH SOLE 900 0 0
SUNTRUST BANKS INC COM 867914103 70 993 SH SOLE 993 0 0
SUPER VALU INC 868536103 11 415 SH SOLE 0 0 415
SUPPORTSOFT INC 868587106 5 380 SH SOLE 0 0 380
SYNOVUS FINL CORP 87161C105 32 1125 SH SOLE 1125 0 0
TDC A/S SPONSORED ADR 87236N102 3 210 SH SOLE 210 0 0
TECO ENERGY INC COM 872375100 4 300 SH SOLE 300 0 0
TTM TECHNOLOGIES 87305R109 3 205 SH SOLE 0 0 205
TXU CORP 873168108 35 1500 SH SOLE 1500 0 0
TARGET CORP 87612E106 335 8727 SH SOLE 6392 0 2335
TARGET CORP 87612E106 15 400 SH DEFINED 400 0 0
TELEFONICA SA SPONSORED ADR 879382208 3 90 SH SOLE 90 0 0
TELLABS INC DELAWARE 879664100 5 600 SH SOLE 600 0 0
TELLABS INC DELAWARE 879664100 1 200 SH DEFINED 200 0 0
TENNECO AUTOMOTIVE NW 880349105 1 150 SH SOLE 150 0 0
TEVA PHARMACEUTICAL IND ADR'S 881624209 20 365 SH SOLE 249 0 116
TEXAS GENCO HOLDINGS INC. 882443104 0 25 SH SOLE 25 0 0
TEXAS GENCO HOLDINGS INC. 882443104 4 128 SH DEFINED 128 0 0
TEXAS INSTRUMENTS 882508104 218 7430 SH SOLE 5210 0 2220
TEXTRON INCORPORATED COMM 883203101 410 7198 SH SOLE 4610 0 2588
THOMAS & BETTS CORP COM 884315102 4 200 SH SOLE 200 0 0
THORATEC CORP 885175307 3 260 SH SOLE 0 0 260
THORNBURG MORTGAGE INC 885218107 8 300 SH SOLE 300 0 0
3M CO 88579Y101 465 5472 SH SOLE 4642 0 830
TIFFANY & CO NEW 886547108 99 2200 SH SOLE 2200 0 0
TOTAL FINA ELF S.A. ADR 89151E109 3 40 SH SOLE 40 0 0
TOYOTA MOTOR CORP ADR NEW 892331307 4 60 SH SOLE 60 0 0
TRADESTATION GROUP INC 89267P105 2 265 SH SOLE 0 0 265
TRAVELERS PROPERTY CASUALTY CL A 89420G109 18 1123 SH SOLE 710 0 413
CORP
TRAVELERS PROPERTY CASUALTY CL A 89420G109 5 350 SH DEFINED 350 0 0
CORP
TRAVELERS PPTY & CAS CORP NEW 89420G406 4 289 SH SOLE 289 0 0
CLASS B
TRAVELERS PPTY & CAS CORP NEW 89420G406 12 720 SH DEFINED 720 0 0
CLASS B
TRIAD HOSPS INC 89579K109 5 175 SH SOLE 105 0 70
TRIBUNE COMPANY 896047107 61 1200 SH SOLE 1200 0 0
TRUSTMARK CORP COM 898402102 595 20336 SH SOLE 20336 0 0
TYCO INTL LTD NEW COM 902124106 9 350 SH SOLE 350 0 0
TYSON FOODS INC CL A 902494103 9 750 SH SOLE 0 0 750
TYSON FOODS INC CL A 902494103 132 10000 SH DEFINED 10000 0 0
UCBH HOLDINGS INC 90262T308 4 105 SH SOLE 0 0 105
UST INC COMMON 902911106 1 34 SH SOLE 0 0 34
STOCK
USA TRUCK INC -RESTRICTED 902925106 706 71498 SH SOLE 71498 0 0
US BANCORP DEL NEW 902973304 18 609 SH SOLE 359 0 250
ULTRA PETROLEUM CORP-CAD 903914109 8 330 SH SOLE 0 0 330
ULTRATECH STEPPER INC 904034105 3 122 SH SOLE 37 0 85
UNIFI INC 904677101 6 1025 SH SOLE 605 0 420
UNION PACIFIC CORP 907818108 15 222 SH SOLE 200 0 22
UNION PACIFIC CORP 907818108 274 3950 SH DEFINED 150 3800 0
UNION PLANTERS CORP 908068109 1226 38951 SH SOLE 38266 0 685
UNION PLANTERS CORP CONV PFD 908068307 65 1000 SH SOLE 1000 0 0
SER E 8%
UNISYS CORP 909214108 5 353 SH SOLE 353 0 0
UNITED STATIONERS INC 913004107 5 135 SH SOLE 75 0 60
UNITED THERA PEUTICS CORP 91307C102 3 145 SH SOLE 0 0 145
UNIVERSAL ELECTRONICS INC 913483103 2 165 SH SOLE 165 0 0
UNUMPROVIDENT CORP 91529Y106 11 700 SH SOLE 0 0 700
VF CORPORATION 918204108 21 505 SH SOLE 0 0 505
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VIAD CORP 92552R109 8 348 SH SOLE 348 0 0
VIACOM INC CL B 925524308 123 2781 SH SOLE 2615 0 166
VIACOM INC CL B 925524308 14 325 SH DEFINED 325 0 0
VISTEON CORP 92839U107 0 75 SH SOLE 75 0 0
VODAFONE GROUP PLC NEW 92857W100 94 3759 SH SOLE 3759 0 0
W.P.CAREY & CO., LLC 92930Y107 75 2474 SH SOLE 2474 0 0
WACHOVIA CORP 2ND NEW 929903102 732 15715 SH SOLE 13744 0 1971
WACHOVIA CORP 2ND NEW 929903102 23 500 SH DEFINED 500 0 0
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WAL MART STORES INC COM 931142103 243 4586 SH DEFINED 1486 3000 100
WALGREEN CO COM 931422109 333 9155 SH SOLE 6669 0 2486
WASHINGTON MUTUAL INC 939322103 47 1184 SH SOLE 600 0 584
WASTE CONNECTIONS INC 941053100 2 70 SH SOLE 0 0 70
WASTE MANAGEMENT INC NEW 94106L109 148 5013 SH SOLE 2475 0 2538
WASTE MANAGEMENT INC NEW 94106L109 0 1 SH DEFINED 0 0 1
WATSON WYATT & CO HLDGS CLASS A 942712100 6 290 SH SOLE 170 0 120
WEBSTER FINANCIAL CORP 947890109 7 155 SH SOLE 90 0 65
WEINGARTEN RLTY INVS SH BEN 948741103 66 1500 SH SOLE 1500 0 0
INT
WELLS FARGO & CO. NEW 949746101 258 4385 SH SOLE 4080 0 305
WELLS FARGO & CO. NEW 949746101 11 200 SH DEFINED 200 0 0
WEST MARINE INC 954235107 5 215 SH SOLE 0 0 215
WESTAR ENERGY INC 95709T100 4 200 SH SOLE 200 0 0
WESTELL TECHNOLOGIES INC CL A 957541105 1 310 SH SOLE 0 0 310
WEYERHAEUSER CO COM 962166104 32 500 SH SOLE 500 0 0
WHITNEY HOLDING CORP COMMON 966612103 130 3180 SH SOLE 3180 0 0
WILD OATS MKTS INC 96808B107 8 635 SH SOLE 365 0 270
WILLIAMS COMPANY COMMON 969457100 17 1757 SH SOLE 1757 0 0
WYETH 983024100 569 13421 SH SOLE 10036 0 3385
WYETH 983024100 12 300 SH DEFINED 300 0 0
XM SATELLITE 983759101 657 25000 SH SOLE 25000 0 0
XCEL ENERGY INC 98389B100 2 154 SH SOLE 154 0 0
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VOTING AUTHORITY
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NAMES OF ISSUER OF CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- -------- --------- -------- ------- --- ----- ---------- -------- ------ -------- --------
XILINX INC 983919101 3 100 SH SOLE 100 0 0
YANKEE CANDLE CO INC 984757104 8 300 SH SOLE 175 0 125
YUM BRANDS INC 988498101 90 2626 SH SOLE 2626 0 0
ZIMMER HLDGS INC 98956P102 32 462 SH SOLE 328 0 134
ZOLL MEDICAL CORP 989922109 6 195 SH SOLE 115 0 80
GRAND TOTALS 477275 10700269 7426400 3030012 243857
10