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, 2002 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 ---------------------------------------------------------------------- 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: 580 Form 13F Information Table Value Total: $316,228 (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 GLOBAL SANTAFE CORP G3930E101 219 9845 SH SOLE 1 6315 0 3530 INGSOLL-RAND CO CL A G4776G101 108 3150 SH SOLE 1 3150 0 0 BERMUDA NOBLE CORP G65422100 9 300 SH SOLE 1 300 0 0 TRANSOCEAN SEDCO FOREX INC G90078109 6 296 SH SOLE 1 196 0 100 TRANSOCEAN SEDCO FOREX INC G90078109 1 77 SH DEFINED 1 77 0 0 3 200 200 ROYAL CARIBBEAN CRUISES V7780T103 SH SOLE 1 0 0 A F L A C INC 001055102 147 4800 SH SOLE 1 4800 0 0 AGL RESOURCES, INC. 001204106 24 1090 SH SOLE 1 1090 0 0 AES CORPORATION 00130H105 2 1000 SH SOLE 1 1000 0 0 AOL TIME WARNER 00184A105 68 5895 SH SOLE 1 5520 0 375 AOL TIME WARNER 00184A105 10 900 DEFINED 1 900 0 0 AT&T CORP 001957109 418 34840 SOLE 1 33840 400 600 AT&T CORP 001957109 7 599 DEFINED 1 599 0 0 AT&T WIRELESS SVCS INC 00209A106 33 8073 SH SOLE 1 7545 128 400 AT&T WIRELESS SVCS INC 00209A106 0 192 SH DEFINED 1 192 0 0 ABBOTT LAB 002824100 1303 32264 SH SOLE 1 29254 0 3010 ABBOTT LAB 002824100 205 5088 SH DEFINED 1 200 4288 600 AdAMS EXPRESS CO COM 006212104 99 9692 SH SOLE 1 9692 0 0 ADAPTEC INC 00651F108 1 400 SH SOLE 1 400 0 0 ADVANCED MICRO DEVICES INC 007903107 10 2000 SH SOLE 1 2000 0 0 ADVANCED MICRO DEVICES INC 007903107 1 200 SH DEFINED 1 200 0 0 ADVANCED ENVIRON RECYCLING TCL A 007947104 9 7000 SH SOLE 1 7000 0 0 AETNA INC COM 00817Y108 7 200 SH DEFINED 1 0 0 200 AGERE SYSTEM INC-A 00845V100 0 218 SH SOLE 1 206 10 2 AGERE SYSTEM INC-A 00845V100 0 22 SH DEFINED 1 22 0 0 AGERE SYS INC CL B 00845V209 5 5908 SH SOLE 1 5591 265 52 AGERE SYS INC CL B 00845V209 0 580 SH DEFINED 1 580 0 0 AGILENT TECHNOLOGIES, INC. 00846U101 47 3633 SH SOLE 1 3365 268 0 AGILENT TECHNOLOGIES, INC. 00846U101 1 100 SH DEFINED 1 0 0 100 AGNICO EAGLE MINES 008474108 8 500 SH SOLE 1 500 0 0 ALCOA INC 013817101 111 5786 SH SOLE 1 4036 0 1750 ALCOA INC 013817101 7 400 SH DEFINED 1 400 0 0 ALLEGHENY ENERGY INC 017361106 2 200 SH SOLE 1 200 0 0 ALLIANCE CAP MGMT HLDG L P 01855A101 55 2000 SH DEFINED 1 2000 0 0 ALLIED CAP CORP NEW COM 01903Q108 6 300 SH SOLE 1 300 0 0 ALLSTATE CORP COMMON 020002101 212 5992 SH SOLE 1 5992 0 0 ALLSTATE CORP COMMON 020002101 21 604 SH DEFINED 1 310 0 294 ALLTEL CORP 020039103 203 5064 SH SOLE 1 5064 0 0 ALLTEL CORP 020039103 437 10900 SH DEFINED 1 10900 0 0 AMERICAN ELECTRIC POWER 025537101 127 4460 SH SOLE 1 3060 0 1400 AMERICAN ELECTRIC POWER 025537101 9 318 SH DEFINED 1 318 0 0 AMER EXPRESS CO 025816109 87 2800 SH SOLE 1 2800 0 0 AMERICAN INTERNATIONAL 026874107 15 284 SH SOLE 1 284 0 0 GROUP, INC AMERICAN INTERNATIONAL GROUP, INC 026874107 9 175 SH DEFINED 1 175 0 0 AMERUS LIFE HOLDINGS 03072M108 20 712 SH SOLE 1 712 0 0 AMGEN INC 031162100 4 100 SH SOLE 1 100 0 0 AMGEN INC 031162100 8 200 SH DEFINED 1 200 0 0 AMSOUTH BANCORPORATION 032165102 3020 145722 SH SOLE 1 145722 0 0 ANADARKO PETE CORP 032511107 65 1464 SH DEFINED 1 0 1464 0 ANALOG DEVICES INC COM 032654105 1 100 SH SOLE 1 100 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- ANHEUSER-BUSCH COMPANIES 035229103 1497 29599 SH SOLE 1 25429 0 4170 ANHEUSER-BUSCH COMPANIES 035229103 182 3600 SH DEFINED 1 3600 0 0 ANTHEM INC 03674B104 212 3265 SH SOLE 1 2075 0 1190 APARTMENT INVT & MGMT CO CL A 03748R101 42 1100 SH SOLE 1 1100 0 0 APPLE COMP INC 037833100 46 3200 SH DEFINED 1 3200 0 0 APPLIED MATERIALS INC 038222105 133 11600 SH SOLE 1 11600 0 0 AQUILA INC 03840P102 10 2500 SH SOLE 1 2500 0 0 ARCHER-DANIELS-MIDLAND 039483102 3 279 SH SOLE 1 279 0 0 COMPANY ARVINMERITOR 043353101 3 168 SH SOLE 1 168 0 0 AUTO DATA PROCESS 053015103 180 5200 SH SOLE 1 5200 0 0 AUTO DATA PROCESS 053015103 111 3200 SH DEFINED 1 3200 0 0 AUTOZONE 053332102 59 750 SH SOLE 1 750 0 0 AUTOZONE 053332102 41 530 SH DEFINED 1 530 0 0 AVAYA INC 053499109 0 318 SH SOLE 1 235 83 0 AVOCENT CORP USD COM 053893103 25 1900 SH SOLE 1 0 1900 0 AVON PRODUCTS INC COM 054303102 32 700 SH SOLE 1 700 0 0 AXA-UAP ADR 054536107 2 236 SH SOLE 1 236 0 0 AXCELIS TECHNOLOGIES INC 054540109 6 1414 SH SOLE 1 1414 0 0 BP AMOCO PLC SPONSORED 055622104 460 11534 SH SOLE 1 10534 0 1000 ADR BP AMOCO PLC SPONSORED 055622104 188 4736 SH DEFINED 1 4736 0 0 ADR BANCORP MS 05969210X 275 14000 SH sole 1 14000 0 0 BANCORPSOUTH INC 059692103 16200 822791 SH sole 1 821791 0 1000 BANCORPSOUTH INC 059692103 2745 139457 SH DEFINED 1 136191 2592 674 BANKAMERICA CORP NEW COM 060505104 1120 17560 SH SOLE 1 16040 0 1520 BANKAMERICA CORP NEW COM 060505104 45 710 SH DEFINED 1 710 0 0 BANK OF THE OZARKS, INC 063904106 1055 46100 SH DEFINED 1 46100 0 0 BANK OF NEW YORK 064057102 250 8725 SH SOLE 1 5740 0 2985 BANK ONE CORP COM 06423A103 122 3268 SH SOLE 1 3268 0 0 BANK ONE CORP COM 06423A103 55 1482 SH DEFINED 1 0 1482 0 BAXTER INTL INC 071813109 270 8845 SH SOLE 1 6725 0 2120 BEAR STEARNS COS INC 073902108 435 7717 SH SOLE 1 5537 0 2180 BED BATH & BEYOND 075896100 6 200 SH SOLE 1 200 0 0 BELLSOUTH CORP 079860102 782 42627 SH SOLE 1 39567 0 3060 BELLSOUTH CORP 079860102 9 532 SH DEFINED 1 532 0 0 BERKSHIRE HATHAWAY "A" 084670108 73 1 SH SOLE 1 1 0 0 BERKSHIRE HATHAWAY INC DEL CL B 084670207 7 3 SH DEFINED 1 3 0 0 BIOGEN N V 090597105 7 250 SH SOLE 1 250 0 0 BIOMARIN PHARMACEUTICAL COM 09061G101 11 2000 SH SOLE 1 0 2000 0 BIOTRANSPLANT INC COM 09066Y107 7 4400 SH SOLE 1 0 4400 0 BLACKROCK INVT QUALITY 09247D105 43 3000 SH SOLE 1 3000 0 0 MUNI TR INC MF BLACKROCK INCOME TRUST 09247F100 24 3000 SOLE 1 3000 0 0 BLACKSTONE INVESTMENT QUALITY 09247J102 39 4155 SH SOLE 1 4155 0 0 TERM TRUST BLOCK H & R INC COM 093671105 203 4835 SOLE 1 4735 0 100 BOEING INC 097023105 125 3680 SH SOLE 1 3080 0 600 BOWATER INC 102183100 259 7365 SH SOLE 1 4810 0 2555 BRISTOL MYERS SQUIBB CO 110122108 556 23403 SH SOLE 1 23403 0 0 BRISTOL MYERS SQUIBB CO 110122108 35 1500 SH DEFINED 1 1500 0 0 BUCKEYE TECHNOLOGY INC 118255108 22 3100 SH SOLE 1 0 3100 0 BURLINGTON NORTHERN/SANTA 12189T104 22 930 SH SOLE 1 930 0 0 FE CORP CBRL GROUP INC COM 12489V106 66 2900 SH SOLE 1 2900 0 0 CEC ENTMT INC 125137109 28 850 SH SOLE 1 0 850 0 CIGNA CORPORATION 125509109 31 450 SH SOLE 1 450 0 0 CNET NETWORKS INC 12613R104 0 118 SH SOLE 1 118 0 0 CADBURY SCHWEPPES PLC ADR 127209302 31 1200 SH SOLE 1 1200 0 0 CALLAWAY GOLF CO 131193104 2 200 SH SOLE 1 0 0 200 CAMPBELL SOUP CO COM 134429109 8 400 SH SOLE 1 400 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- CAPITAL ONE FINL CORP COM 14040H105 160 4600 SH SOLE 1 4600 0 0 CARDINAL HEALTH INC COM 14149Y108 27 447 SH SOLE 1 447 0 0 CATERPILLAR INC 149123101 133 3600 SH SOLE 1 3100 0 500 CELL PATHWAYS INC 15114R101 0 100 SH SOLE 1 100 0 0 CENDANT CORP COM 151313103 10 1000 SH SOLE 1 1000 0 0 CENTURYTEL, INC 156700106 95 4250 SH SOLE 1 4250 0 0 CERTEGY INC 156880106 2 100 SH SOLE 1 100 0 0 CHARTER COMMUNICATIONS INC DEL CL A 16117M107 1 600 SH SOLE 1 600 0 0 CHECKPOINT SYSTEMS 162825103 12 1000 SH SOLE 1 1000 0 0 CHEVRONTEXACO CORP 166764100 1210 17485 SH SOLE 1 16195 0 1290 CHEVRONTEXACO CORP 166764100 91 1327 SH DEFINED 1 1327 0 0 CHOICEPOINT INC 170388102 2 80 SH SOLE 1 80 0 0 CHRONIMED INC COM 171164106 32 6800 SH SOLE 1 0 6800 0 CHUBB CORPORATION 171232101 301 5500 SH SOLE 1 5500 0 0 CISCO SYS INC 17275R102 340 32445 SH SOLE 1 32045 0 400 CISCO SYS INC 17275R102 14 1400 SH DEFINED 1 800 0 600 CITIGROUP, INC 172967101 650 21939 SH SOLE 1 19489 0 2450 CITIGROUP, INC 172967101 240 8117 SH DEFINED 1 8117 0 0 CLEAR CHANNEL 184502102 3 100 SH SOLE 1 100 0 0 COMMUNICATIONS COCA COLA BOTTLING CO CONS COM 191098102 22 470 SH SOLE 1 470 0 0 COCA COLA CO 191216100 1548 32287 SH SOLE 1 29762 200 2325 COCA COLA CO 191216100 71 1500 SH DEFINED 1 500 1000 COCA COLA ENTERPRISES INC COM 191219104 82 3900 SH SOLE 1 3900 0 0 COLGATE-PALMOLIVE CO 194162103 147 2725 SH SOLE 1 2725 0 0 COLGATE-PALMOLIVE CO 194162103 10 200 SH DEFINED 1 0 0 200 COLONIAL HIGH INCOME MUNICIPAL 195743109 1 200 SOLE 1 200 0 0 TRUST COMCAST 200300200 16 800 SH DEFINED 1 800 0 0 COMMSCOPE INC 203372107 6 1000 SH SOLE 1 1000 0 0 COMPUTER ASSOC INTL INC COM 204912109 7 800 SH SOLE 1 800 0 0 COMPUTER SCIENCES COMMON 205363104 2 99 SH DEFINED 1 0 0 99 CORPORATION CONAGRA FOODS INC COM 205887102 42 1700 SH SOLE 1 1700 0 0 CONAGRA FOODS INC COM 205887102 4 200 SH DEFINED 1 200 0 0 CONEXANT SYS INC COM 207142100 0 176 SH SOLE 1 176 0 0 CONSECO 208464107 0 560 SH DEFINED 1 560 0 0 CONSECO STRATEGIC INC FD SH BEN 20847A102 6 866 SH SOLE 1 866 0 0 INT CONSOLIDATED EDISON INC COM 209115104 40 1000 SH SOLE 1 1000 0 0 COOPER TIRE & RUBBER CO 216831107 337 20953 SH SOLE 1 19953 0 1000 COOPER TIRE & RUBBER CO 216831107 1 100 SH DEFINED 1 100 0 0 CYBERGUARD CORP 231910100 0 105 SH SOLE 1 105 0 0 CYPRESS SEMICONDUCTOR 232806109 3 500 SH SOLE 1 500 0 0 DNP SELECT INCOME FD INC 23325P104 10 1100 SH DEFINED 1 1100 0 0 DPL INC COM 233293109 24 1485 SH SOLE 1 1485 0 0 DANKA BUSINESS SYS PLC SPONSORED 236277109 10 5000 SH SOLE 1 5000 0 0 ADR DEERE & CO 244199105 577 12715 SH SOLE 1 8800 0 3915 DELL COMPUTER 247025109 452 19235 SH SOLE 1 19235 0 0 DELL COMPUTER 247025109 25 1100 SH DEFINED 1 1100 0 0 DELPHI AUTO SYSTEMS 247126105 2 343 SH SOLE 1 343 0 0 DELTA & PINE LD CO COM 247357106 13 709 SH SOLE 1 709 0 0 DELTA AIRLINES INC 247361108 1 200 SH SOLE 1 200 0 0 DELTIC TIMBER INC 247850100 319 14524 SH SOLE 1 14524 0 0 DELTIC TIMBER INC 247850100 14191 645971 SH DEFINED 1 242423 403548 0 DIAMOND OFFSHORE DRILLING INC 25271C102 0 50 SH SOLE 1 50 0 0 WALT DISNEY CO 254687106 32 2131 SH SOLE 1 760 1371 0 WALT DISNEY CO 254687106 9 600 SH DEFINED 1 600 0 0 DOMINION RES INC VA NEW 25746U109 168 3315 SH SOLE 1 3315 0 0 DONNELLEY RR & SONS 257867101 18 800 SH SOLE 1 800 0 0 DOW CHEMICAL CO 260543103 443 16263 SH SOLE 1 16263 0 0 DOW CHEMICAL CO 260543103 13 483 SH DEFINED 1 483 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- DREYFUS STRATEGIC 261932107 21 2086 SOLE 1 2086 0 0 MUNICIPALS INC DREYFUS MUNICIPAL INCOME 26201R102 17 1832 SOLE 1 1832 0 0 INC DREYFUS STRATEGIC MUN BD 26202F107 25 2841 SH SOLE 1 2841 0 0 FD INC DU PONT EI D NEMOURS & CO 263534109 176 4897 SH SOLE 1 4897 0 0 DU PONT EI D NEMOURS & CO 263534109 9 250 SH DEFINED 1 250 0 0 DUKE ENERGY CORP COM 264399106 113 5814 SH SOLE 1 5814 0 0 DUN & BRADSTREET NW 26483E100 10 300 SH SOLE 1 300 0 0 DYNEX CAP INC COM NEW 26817Q506 0 106 SH DEFINED 1 106 0 0 EEX CORP COM NEW 26842V207 0 66 SH SOLE 1 66 0 0 E-LOAN INC 26861P107 1 1000 SH SOLE 1 1000 0 0 EMC CORP 268648102 19 4200 SH SOLE 1 4200 0 0 EMC CORP 268648102 18 4000 SH DEFINED 1 4000 0 0 ENI S P A SPONSORED 26874R108 13 200 SH SOLE 1 200 0 0 ADR E TRADE GROUP INC 269246104 17 4000 SH SOLE 1 4000 0 0 EASTMAN KODAK CO 277461109 27 1000 SH SOLE 1 1000 0 0 EASTMAN KODAK CO 277461109 3 125 SH DEFINED 1 125 0 0 EATON CORP COM 278058102 95 1500 SH SOLE 1 1500 0 0 ECHOSTAR COMMUN 278762109 8 500 SH SOLE 1 500 0 0 EDWARDS LIFESCIENCES CORP 28176E108 6 240 SH SOLE 1 240 0 0 A. G. EDWARDS INC 281760108 265 8305 SH SOLE 1 5480 0 2825 EL PASO CORPORATION 28336L109 26 3149 SH SOLE 1 3149 0 0 EL PASO CORPORATION 28336L109 1 200 SH DEFINED 1 0 0 200 ELAN CORP PLC ADR 284131208 0 300 SH SOLE 1 300 0 0 ELECTRONIC DATA SYS CORP 285661104 10 750 SH SOLE 1 750 0 0 NEW EMERSON ELECTRIC CO 291011104 105 2400 SH SOLE 1 2400 0 0 ENCORE WIRE CORP COM 292562105 183 20900 SH SOLE 1 13900 0 7000 ENERGY EAST CORP COM 29266M109 3 200 SH SOLE 1 200 0 0 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 217 5231 SH SOLE 1 4231 0 1000 ENTERGY CORP 29364G103 24 593 SH DEFINED 1 593 0 0 EQUIFAX INC 294429105 4 200 SH SOLE 1 200 0 0 EQUITY INNS, INC 294703103 9 1500 SH DEFINED 1 1500 0 0 EQUITY RESIDENTIAL PPTYS 29476L107 10 436 SH SOLE 1 436 0 0 SBI EXELON CORP 30161N101 9 200 SH SOLE 1 200 0 0 EXXON MOBIL CORP 30231G102 6555 205572 SH SOLE 1 203627 0 1945 EXXON MOBIL CORP 30231G102 987 30976 SH DEFINED 1 20576 4800 5600 FED HMN LN MTG CORP VOTING COM 313400301 13 250 SH SOLE 1 250 0 0 FNMA COM 313586109 71 1200 SH SOLE 1 1200 0 0 FEDERAL REALTY INVT TR SH BEN INT 313747206 27 1000 SH SOLE 1 1000 0 0 NEW FEDEX CORPORATION 31428X106 50 1000 SH SOLE 1 1000 0 0 FEDEX CORPORATION 31428X106 12 250 SH DEFINED 1 250 0 0 FIRST INDL RLTY TR INC 32054K103 13 450 SH SOLE 1 450 0 0 FIRST M & F CORP 320744105 33 1293 SH SOLE 1 1293 0 0 FIRST TENNESSEE NATIONAL 337162101 2499 72128 SH SOLE 1 72128 0 0 CORP FISERV INC 337738108 152 5425 SH SOLE 1 3535 0 1890 FLEET BOSTON CORP 339030108 38 1877 SH SOLE 1 1877 0 0 FLUOR CORP 343412102 7 300 SH SOLE 1 300 0 0 FLUOR CORP 343412102 2 96 SH DEFINED 1 96 0 0 FOAMEX INT'L INC 344123104 110 20050 SH SOLE 1 20050 0 0 FORD MOTOR COMPANY COMMON 345370860 64 6562 SH SOLE 1 6562 0 0 FORD MOTOR COMPANY COMMON 345370860 6 700 SH DEFINED 1 700 0 0 GSI COMMERCE INC 36238G102 0 29 SH SOLE 1 29 0 0 GALLAGHER ARTHUR J & CO 363576109 198 8055 SH SOLE 1 5180 0 2875 GAP INC DEL COM 364760108 16 1500 SH SOLE 1 1500 0 0 GENERAL ELECTRIC CO 369604103 3146 127718 SH SOLE 1 125793 1255 670 GENERAL ELECTRIC CO 369604103 71 2900 SH DEFINED 1 1700 0 1200 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- GENERAL MLS INC COM 370334104 23 520 SH SOLE 1 520 0 0 GENERAL MLS INC COM 370334104 0 20 SH DEFINED 1 0 0 20 GEN MTR CORP 370442105 26 673 SH SOLE 1 673 0 0 GENOME THERAPEUTICS CORP COM 372430108 1 1000 SH SOLE 1 0 0 1000 GEORGIA PAC CORP 373298108 19 1490 SH SOLE 1 1490 0 0 GERON CORP COM 374163103 1 300 SH SOLE 1 300 0 0 GILLETTE CO 375766102 88 3006 SH SOLE 1 2806 0 200 GILLETTE CO 375766102 103 3485 SH DEFINED 1 3485 0 0 GLAXO WELLCOME PLC SPONSORED 37733W105 25 669 SH SOLE 1 0 0 669 ADR GLAXO WELLCOME PLC SPONSORED 37733W105 23 600 SH DEFINED 1 600 0 0 ADR GOODYEAR TIRE & RUBBER 382550101 5 618 SH SOLE 1 618 0 0 GREAT LAKES CHEM CORP COM 390568103 42 1785 SH DEFINED 1 1785 0 0 GREAT PLAINS ENERGY INC 391164100 35 1855 SH SOLE 1 1855 0 0 GUIDANT CORP COM 401698105 93 2900 SH SOLE 1 2900 0 0 HCA- THE HEALTHCARE CO 404119109 7 150 SH SOLE 1 150 0 0 HCA- THE HEALTHCARE CO 404119109 59 1250 SH DEFINED 1 1250 0 0 HCB BANCSHARES INC COM 40413N106 18 1200 SH SOLE 1 1200 0 0 HALLIBURTON CO COM 406216101 10 850 SH SOLE 1 850 0 0 HALLIBURTON CO COM 406216101 7 600 SH DEFINED 1 600 0 0 HANCOCK FABRICS 409900107 25 1600 SH SOLE 1 1600 0 0 HANCOCK HLDG CO CAP VALUE 410120109 204 4345 SH SOLE 1 4345 0 0 JOHN HANCOCK 41014S106 0 34 SH SOLE 1 34 0 0 HARRIS CORP 413875105 50 1494 SH SOLE 1 1494 0 0 HARTFORD FNCL SV GRP INC COM 416515104 8 200 SH DEFINED 1 200 0 0 HASBRO, INC 418056107 8 787 SH DEFINED 1 787 0 0 HEALTHSOUTH CORP 421924101 165 39850 SH SOLE 1 26090 0 13760 HEINZ H J CO COM 423074103 9 273 SH SOLE 1 273 0 0 HEWLETT PACKARD CO 428236103 243 20882 SH SOLE 1 19466 1416 0 HEWLETT PACKARD CO 428236103 4 400 SH DEFINED 1 0 0 400 HIBERNIA CORP 428656102 6241 312400 SH SOLE 1 311500 0 900 HIBERNIA CORP 428656102 17 900 SH DEFINED 1 900 0 0 HIGH INCOME OPPORTUNITY FD 42967Q105 15 2500 SH SOLE 1 2500 0 0 HOME DEPOT 437076102 510 19572 SH SOLE 1 19572 0 0 HOME DEPOT 437076102 39 1532 SH DEFINED 1 1532 0 0 HONEYWELL INTL INC 438516106 121 5620 SH SOLE 1 5620 0 0 HUBBELL INC CL B 443510201 29 1000 SH SOLE 1 1000 0 0 ICN PHARMACEUTICALS INC NEW COM 448924100 4 525 SH SOLE 1 0 0 525 ING PRIME RATE TR SH BEN 44977W106 82 13907 SH SOLE 1 0 13907 0 INT ILLINOIS TOOL WORKS INC 452308109 4 76 SH SOLE 1 76 0 0 ILLINOIS TOOL WORKS INC 452308109 14 250 SH DEFINED 1 250 0 0 IMATION CORP 45245A107 1 46 SH SOLE 1 46 0 0 INSIGHT ENTERPRISES INC COM 45765U103 28 2775 SH SOLE 1 0 2775 0 INTEL CORP CAP 458140100 502 36143 SH SOLE 1 36143 0 0 INTEL CORP CAP 458140100 66 4780 SH DEFINED 1 3980 0 800 IBM CORP 459200101 1856 31844 SH SOLE 1 30084 0 1760 IBM CORP 459200101 74 1275 SH DEFINED 1 475 800 0 INTL PAPER CO 460146103 58 1742 SH SOLE 1 1742 0 0 INTL PAPER CO 460146103 48 1450 SH DEFINED 1 150 1100 200 JDS UNIPHASE CORP COM 46612J101 0 120 SH SOLE 1 120 0 0 J P MORGAN CHASE & CO 46625H100 46 2432 SH SOLE 1 2432 0 0 J P MORGAN CHASE & CO 46625H100 35 1875 SH DEFINED 1 1875 0 0 JEFFERSON PILOT CORPORATION 475070108 7 187 SH SOLE 1 187 0 0 JOHNSON & JOHNSON 478160104 2741 50686 SH SOLE 1 49686 0 1000 JOHNSON & JOHNSON 478160104 481 8900 SH DEFINED 1 5000 1200 2700 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- JOHNSON CONTROLS INC. 478366107 236 3085 SH SOLE 1 2130 0 955 KLA TENCOR CORP 482480100 2 100 SH SOLE 1 100 0 0 K MART CORP COM 482584109 0 1000 SH SOLE 1 1000 0 0 KELLOGG CO 487836108 6 200 SH SOLE 1 200 0 0 KERR-MCGEE CORPORATION INC 492386107 0 8 SH SOLE 1 8 0 0 KIMBERLY-CLARK CORP 494368103 11 200 SH SOLE 1 200 0 0 KIMBERLY-CLARK CORP 494368103 22 400 SH DEFINED 1 400 0 0 KINDER MORGAN ENERGY 494550106 7 232 SH SOLE 1 232 0 0 PARTNERS, L.P. KROGER CO 501044101 12 908 SH SOLE 1 908 0 0 LSI LOGIC CORP COM 502161102 2 400 SH SOLE 1 400 0 0 LACLEDE GROUP INC 505597104 6 300 SH SOLE 1 300 0 0 LACLEDE GROUP INC 505597104 20 900 SH DEFINED 1 900 0 0 ESTEE LAUDER CO 518439104 17 600 SH DEFINED 1 600 0 0 LEHMAN BROTHERS HOLDINGS COM 524908100 330 6740 SH SOLE 1 4605 0 2135 LEVEL 3 COMMUNICATIONS INC 52729n100 23 6037 SH SOLE 1 6037 0 0 LEXMARK INTL NEW CL A 529771107 256 5460 SH SOLE 1 3615 0 1845 THE LIBERTY CORPORATION 530370105 103 2900 SH SOLE 1 2900 0 0 LIFEPOINT HOSPS INC 53219L109 2 65 SH DEFINED 1 65 0 0 ELI LILLY & CO 532457108 448 8100 SH SOLE 1 8100 0 0 ELI LILLY & CO 532457108 83 1500 SH DEFINED 1 1500 0 0 LOUISIANA PAC CORP COM 546347105 2 338 SH SOLE 1 338 0 0 LOWES CO INC 548661107 703 16985 SH SOLE 1 12685 0 4300 LUCENT TECHNOLOGIES 549463107 20 27233 SH SOLE 1 26029 1004 200 LUCENT TECHNOLOGIES 549463107 1 2200 SH DEFINED 1 2200 0 0 M & T BANK CORP 55261F104 157 2000 SH SOLE 1 2000 0 0 MFS INTER INCOME TR SH BEN INT 55273C107 42 5900 SH SOLE 1 5900 0 0 MGNA ENTMT CORP 559211107 0 20 SH SOLE 1 20 0 0 MANULIFE FINANCIAL CORP 56501r106 462 22019 SH SOLE 1 22019 0 0 MARSH & MCLENNAN 571748102 41 1000 SH SOLE 1 1000 0 0 MASCO CORPORATION 574599106 0 28 SH SOLE 1 28 0 0 MASSEY ENERGY CORP 576206106 2 396 SH SOLE 1 396 0 0 MCCORMICK & co 579780206 365 16045 SH SOLE 1 10105 0 5940 MCDATA CORP CLASS A 580031201 10 1875 SH SOLE 1 0 1875 0 MCDATA CORP CLASS A 580031201 0 73 SH DEFINED 1 73 0 0 MCDONALD'S CORP 580135101 63 3600 SH SOLE 1 3600 0 0 MCGRAW HILL COS INC 580645109 15 250 SH DEFINED 1 250 0 0 MEADWESTVACO CORP 583334107 29 1547 SH SOLE 1 1547 0 0 MEDTRONIC INC COM 585055106 40 960 SH SOLE 1 960 0 0 MELLON FINL CORP 58551A108 25 1000 SH SOLE 1 1000 0 0 MERCK & CO INC 589331107 1380 30210 SH SOLE 1 30210 0 0 MERCK & CO INC 589331107 178 3900 SH DEFINED 1 3400 0 500 MERRILL LYNCH & CO., INC. 590188108 10 320 SH SOLE 1 320 0 0 METLIFE INC COM 59156R108 84 3709 SH SOLE 1 3709 0 0 MICROSOFT CORP 594918104 691 15805 SH SOLE 1 15240 0 565 MICROSOFT CORP 594918104 17 400 SH DEFINED 1 0 0 400 MICRON TECHNOLOGY 595112103 112 9120 SH SOLE 1 6675 0 2445 MID-AMERICA APARTMENT 59522J103 24 1000 SH DEFINED 1 1000 0 0 CMNTYS MIDAS GROUP INC 595626102 3 666 SH SOLE 1 666 0 0 MILLER HERMAN INC COM 600544100 63 3560 SH SOLE 1 3560 0 0 MIRANT CORP 604675108 7 3531 SH SOLE 1 3531 0 0 MIRANT CORP 604675108 0 143 SH DEFINED 1 143 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 ------------------------------- ---------- --------- -------- -------- --- ---- ---------- -------- ------ ------- ---- MISSISSIPPI CHEMICAL CORP 605288208 1 1492 SH SOLE 1 1492 0 0 MONSANTO CO. (NEW) 61166W101 31 2046 SH SOLE 1 1961 0 85 MONSANTO CO (NEW) 61166W101 5 371 SH DEFINED 1 286 0 85 MOODYS CORP 615369105 14 300 SH SOLE 1 300 0 0 MORGAN STANLEY DEAN WITTER DISCOVER & CO 617446448 136 4040 SH SOLE 1 4040 0 0 MORGAN STANLEY DEAN WITTER DISCOVER & CO 617446448 8 260 SH DEFINED 1 260 0 0 MORGAN STANLEY DEAN WITTER HI INCOME 61745P304 1 1700 SH SOLE 1 1700 0 0 ADV TR II MOTOROLA INC 620076109 177 17418 SH SOLE 1 17318 0 100 MOTOROLA INC 620076109 76 7466 SH DEFINED 1 7166 0 300 MULTIMEDIA GAMES INC 625453105 8 450 SH SOLE 1 450 0 0 MUNICIPAL MORTGAGE & EQUITY LLC GROWTH SH 62624B101 101 4000 SH SOLE 1 4000 0 0 MUNIVEST FD INC COM 626295109 46 5000 SOLE 1 5000 0 0 MURPHY OIL CORP COM 626717102 4042 49259 SH SOLE 1 49259 0 0 MURPHY OIL CORP COM 626717102 190678 2323653 SH DEFINED 1 1032683 1290970 0 MYLAN LABORATORIES INC 628530107 435 13308 SH SOLE 1 8993 0 4315 NBC CAP CORP 628729105 100 4000 SH SOLE 1 4000 0 0 NCR CORP NEW 62886E108 1 64 SH SOLE 1 64 0 0 NASDAQ 100 TRUST 631100104 4 200 SH SOLE 1 200 0 0 NATIONAL COMM FINL CORP 63545P104 65 2600 SH SOLE 1 0 2600 0 NELSON, THOMAS INC 640376109 1 187 SH SOLE 1 187 0 0 NICOR INC COM 654086107 15 550 SH SOLE 1 550 0 0 NIKE INC CLASS B 654106103 415 9630 SH SOLE 1 6600 0 3030 NOKIA CORP SPND ADR 654902204 31 2400 SH SOLE 1 2400 0 0 NOBLE ENERGY INC 655044105 33 1000 SH SOLE 1 1000 0 0 NORFOLK SO CORP 655844108 39 1934 SH SOLE 1 1934 0 0 NORTEL NETWORK CORP NEW 656568102 2 5000 SH SOLE 1 5000 0 0 NORTHERN TRUST COMPANY NTRS 665859104 67 1780 SH SOLE 1 1780 0 0 NORTHERN TRUST COMPANY NTRS 665859104 150 4000 SH DEFINED 1 3600 0 400 NORTHWESTERN CORPORATION 668074107 3 330 SH SOLE 1 330 0 0 NOVELLUS SYSTEMS 670008101 152 7340 SH SOLE 1 4770 0 2570 NUVEEN INSD PREMIUM INCOME MUNI FD 6706D8104 4 338 SOLE 1 338 0 0 NUVEEN MUNICIPAL MARKET OPP 67062W103 52 3529 SOLE 1 3529 0 0 OKLAHOMA GAS & ELEC ENERGY CORP 670837103 72 4300 SH SOLE 1 4300 0 0 OKLAHOMA GAS & ELEC ENERGY CORP 670837103 11 700 SH DEFINED 1 700 0 0 NUVEEN MUN VALUE FD INC 670928100 22 2300 SOLE 1 2300 0 0 NUVEEN QUALITY INCOME MUNI 670977107 7 500 SH SOLE 1 500 0 0 NUVEEN PREMIER MUNICIPAL INC 670988104 24 1565 SH SOLE 1 1565 0 0 OAKWOOD HOMES CORP 674098207 0 200 SH SOLE 1 200 0 0 OCCIDENTAL PETE COR DEL 674599105 14 500 SH SOLE 1 500 0 0 OCEAN ENERGY INC TEX 67481E106 3 200 SH SOLE 1 200 0 0 OFFICEMAX INC 67622M108 4 1000 SH SOLE 1 1000 0 0 OLIN CORP 680665205 2 166 SH DEFINED 1 166 0 0 OMNICOM GROUP 681919106 16 300 SH SOLE 1 300 0 0 ORACLE SYSTEMS CORP 68389X105 32 4110 SH SOLE 1 4110 0 0 PPG INDUSTRIES INC 693506107 26 600 SH SOLE 1 600 0 0 PACTIV COPR 695257105 28 1747 SH SOLE 1 1747 0 0 PALM INC 696642107 0 519 SH DEFINED 1 0 0 519 PAYCHEX INC 704326107 3 150 SH SOLE 1 150 0 0 PENNEY J C INC COM 708160106 9 582 SH SOLE 1 582 0 0 PEOPLES ENERGY CORP COM 711030106 6 200 SH SOLE 1 200 0 0 PEOPLES ENERGY CORP COM 711030106 16 500 SH DEFINED 1 500 0 0 PEOPLES HLDG CO COM 711148106 14 367 SH SOLE 1 367 0 0 PEOPLES HLDG CO COM 711148106 40 1000 SH DEFINED 1 1000 0 0 PEPSIAMERICAS INC 71343P200 56 4000 SH SOLE 1 4000 0 0 PEPSICO INC COM 713448108 1347 36468 SH SOLE 1 36353 0 115 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 ------------------------------- ------------- --------- ------- ------- --- ---- ---------- -------- ----- ------ ---- PEPSICO INC COM 713448108 78 2130 SH DEFINED 1 430 1100 600 PFIZER INC 717081103 2496 86015 SH SOLE 1 85830 0 185 PFIZER INC 717081103 89 3100 SH DEFINED 1 2200 0 900 PHARMACIA CORP 71713U102 496 12776 SH SOLE 1 12276 0 500 PHARMACIA CORP 71713U102 84 2180 SH DEFINED 1 1680 0 500 PHELPS DODGE CORP COM 717265102 0 20 SH SOLE 1 20 0 0 PHELPS DODGE CORP COM 717265102 12 500 SH DEFINED 1 500 0 0 PHILIP MORRIS COS INC COM 718154107 225 5825 SH SOLE 1 5825 0 0 THE PHOENIX COMPANIES 71902E109 14 1051 SH SOLE 1 1051 0 0 PLACER DOME INC 725906101 1 170 SH SOLE 1 170 0 0 PLUM CREEK TIMBER CO INC 729251108 26 1164 SH SOLE 1 1164 0 0 POTLATCH CORP COM 737628107 4 150 SH SOLE 1 150 0 0 PRAXAIR INC COM 74005P104 15 300 SH DEFINED 1 300 0 0 PRINCIPAL FINANCIAL GROUP 74251V102 40 1542 SH SOLE 1 1542 0 0 PROCTER & GAMBLE CO COM 742718109 1060 11861 sh SOLE 1 11261 0 600 PROCTER & GAMBLE CO COM 742718109 182 2040 sh DEFINED 1 2040 0 0 PROGRESS ENERGY INC COM 743263105 5 132 sh SOLE 1 132 0 0 PRUDENTIAL FINANCIAL 744320102 127 4462 sh SOLE 1 4462 0 0 PUBLIC STORAGE, INC REIT 74460D109 5 180 sh SOLE 1 180 0 0 PUTNAM HIGH INCOME CONV BD FD 746779107 2 400 SH SOLE 1 400 0 0 PUTNAM MANAGED MUNICIPAL INCOME TRUST 746823103 4 500 DEFINED 1 0 0 500 QLOGIC CORP COM 747277101 33 1303 SH SOLE 1 250 1053 0 QUALCOMM INC 747525103 5 200 SH SOLE 1 200 0 0 QWEST COMMUNICATIONS INTL INC COM 749121109 4 2097 SH SOLE 1 2097 0 0 RFS HOTEL INVESTORS 74955J108 10 1000 SH SOLE 1 0 1000 0 RH DONNELLEY CORP 74955W307 1 60 SH SOLE 1 60 0 0 RALCORP HOLDINGS NEW COM 751028101 1 66 SH DEFINED 1 0 0 66 RAYTHEON CO NEW 755111507 17 600 SH SOLE 1 600 0 0 REGIONS FNCL CORP 758940100 701 21490 SH SOLE 1 10740 9550 1200 REGIONS FNCL CORP 758940100 58 1786 SH DEFINED 1 0 1786 0 RELIANT ENERGY INC 75952J108 40 3500 SH SOLE 1 2700 0 800 RELIANT ENERGY INC 75952J108 71 6201 SH DEFINED 1 5863 300 38 REMINGTON OIL & GAS CORP COM 759594302 22 1600 SH SOLE 1 0 1600 0 REYNOLDS R J TOB HLDGS INC 76182K105 191 4761 SH SOLE 1 3181 0 1580 RIVERSTONE NETWORKS INC 769320102 0 102 SH SOLE 1 102 0 0 ROCKWELL INTL CORP NEW 773903109 2 177 SH SOLE 1 177 0 0 ROCKWELL COLLINS INC 774341101 3 177 SH SOLE 1 177 0 0 ROHM & HAAS CO COM 775371107 6 200 SH SOLE 1 200 0 0 ROXIE INC 780008108 0 65 SH SOLE 1 65 0 0 ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 312 7786 SH SOLE 1 5791 0 1995 ROYAL DUTCH PETE CO NY REG GLD1.25 720857804 128 3200 SH DEFINED 1 3200 0 0 RUBY TUESDAY INC 781182100 23 1260 SH DEFINED 1 0 0 1260 SBC COMMUNICATIONS, INC 78387G103 1040 51793 SH SOLE 1 48318 0 3475 SBC COMMUNICATIONS, INC 78387G103 15 780 SH DEFINED 1 780 0 0 SCP POOL CORP COM 784028102 55 2025 SH SOLE 1 0 2025 0 SAFECO CORP COM 786429100 31 1000 SH SOLE 1 1000 0 0 ST JUDE MEDICAL 790849103 380 10650 SH SOLE 1 6930 0 3720 SARA LEE CORP COM 803111103 14 800 SH SOLE 1 800 0 0 SCANA CORP NEW 80589M102 347 13342 SH SOLE 1 8772 0 4570 SCHERING PLOUGH CORP COM 806605101 393 18484 SH SOLE 1 18484 0 0 SCHERING PLOUGH CORP COM 806605101 417 19600 SH DEFINED 1 100 19500 0 SCHLUMBERGER LTD COM 806857108 59 1550 SH SOLE 1 1350 0 200 THE CHARLES SCHWAB CORP 808513105 13 1500 SH SOLE 1 1500 0 0 SCRIPPS EW INC NEW CL A 811054204 34 500 SH SOLE 1 500 0 0 SEARS ROEBUCK & CO COM 812387108 74 1920 SH SOLE 1 1920 0 0 SEARS ROEBUCK & CO COM 812387108 6 167 SH DEFINED 1 167 0 0 SELIGMAN SELECT MUN FD INC 816344105 13 1250 SH SOLE 1 1250 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 --------------- -------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ---- SEMPRA ENERGY 816851109 2 135 SH SOLE 1 135 0 0 SERVICEMASTER COMPANY COM 81760N109 82 7593 SH SOLE 1 7593 0 0 SHELL TRANS & TRADING NEW YRK 822703609 64 1800 SH DEFINED 1 1800 0 0 PLC SH NEW SHERWIN WILLIAMS CO COM 824348106 26 1100 SH SOLE 1 1100 0 0 SIMMONS 1ST NATL CORP CL A $5 828730200 245 6600 SH SOLE 1 6600 0 0 PAR SIMMONS 1ST NATL CORP CL A $5 828730200 9 250 SH DEFINED 1 250 0 0 PAR SIMON PROPERTY GROUP 828806109 236 6610 SH SOLE 1 4260 0 2350 INC SIRIUS SATTELITE RADIO 82966U103 10 10000 SH SOLE 1 10000 0 0 SMUCKER J M CO 832696405 0 15 SH SOLE 1 15 0 0 SMUCKER J M CO 832696405 0 12 SH DEFINED 1 12 0 0 SMURFIT-STONE 832727101 6 495 SH SOLE 1 495 0 0 CONTAINER CORP SOLUTIA INC COM 834376105 17 3312 SH SOLE 1 3312 0 0 SONY CORP 835699307 41 1000 SH DEFINED 1 1000 0 0 SOUTHERN CO COM 842587107 536 18639 SH SOLE 1 18639 0 0 SOUTHERN CO COM 842587107 94 3275 SH DEFINED 1 3275 0 0 SPRINT CORP COM FON 852061100 510 56000 SH SOLE 1 56000 0 0 GROUP STEWART ENTERPRISES 860370105 20 4000 SH SOLE 1 4000 0 0 STILLWELL FINANCIAL INC 860831106 7 600 SH SOLE 1 600 0 0 SUN LIFE FINANCIAL 866796105 226 14305 SH SOLE 1 14305 0 0 SUN MICROSYSTEMS 866810104 4 1700 SH SOLE 1 1700 0 0 SUNGARD DATA SYSTEMS 867363103 168 8650 SH SOLE 1 8445 0 205 SUNOCO INC 86764P109 47 1582 SH SOLE 1 1582 0 0 SUNTRUST BANKS INC COM 867914103 94 1545 SH SOLE 1 1545 0 0 SWIFT TRANSN INC COM 870756103 21 1350 SH SOLE 1 0 1350 0 SYNOVUS FINL CORP 87161C105 23 1125 SH SOLE 1 1125 0 0 TECO ENERGY INC COM 872375100 12 800 SH SOLE 1 800 0 0 TECO ENERGY INC COM 872375100 12 800 SH DEFINED 1 800 0 0 TJX COMPANIES 872540109 1 100 SH SOLE 1 100 0 0 TXU CORP 873168108 125 3000 SH SOLE 1 3000 0 0 TARGET CORP 87612E106 389 13180 SH SOLE 1 9275 0 3905 TARGET CORP 87612E106 11 400 SH DEFINED 1 400 0 0 TELLABS INC DELAWARE 879664100 3 800 SH SOLE 1 800 0 0 TELLABS INC DELAWARE 879664100 0 200 SH DEFINED 1 200 0 0 TEMPLE INLAND INC 879868107 15 400 SH SOLE 1 400 0 0 TENET HEALTHCARE CORP 88033G100 338 6840 SH 1 4520 0 2320 TENNECO AUTOMOTIVE NW 880349105 0 150 SH SOLE 1 150 0 0 TEXAS BIOTECH 88221T104 0 100 SH SOLE 1 100 0 0 TEXAS INSTRUMENTS 882508104 17 1200 SH SOLE 1 1200 0 0 THOMAS & BETTS CORP COM 884315102 2 200 sh SOLE 1 200 0 0 THORNBURG MORTGAGE INC 885218107 11 600 SH SOLE 1 600 0 0 3 COM CORP 885535104 1 350 SH DEFINED 1 0 0 350 3M CO 88579Y101 172 1566 SH SOLE 1 1566 0 0 TIFFANY & CO NEW 886547108 47 2200 SH SOLE 1 2200 0 0 TRAVELERS PROPERTY CL A 89420G109 7 532 SH SOLE 1 532 0 0 CASUALTY CORP TRAVELERS PROPERTY CL A 89420G109 4 350 SH DEFINED 1 350 0 0 CASUALTY CORP TRIAD HOSPS INC 89579K109 2 65 SH DEFINED 1 65 0 0 TRIANGLE 89589H104 2 1000 SH SOLE 1 1000 0 0 PHARMACEUTICALS INC TRIBUNE COMPANY 896047107 50 1200 SH SOLE 1 1200 0 0 TRIQUINT SEMICONDUCTOR 89674K103 10 2950 SH SOLE 1 0 2950 0 TRUSTMARK CORP COM 898402102 629 27498 SH SOLE 1 27498 0 0 TRUSTMARK CORP COM 898402102 45 2000 SH DEFINED 1 2000 0 0 TYCO INTL LTD NEW COM 902124106 4 350 SH SOLE 1 350 0 0 TYCO INTL LTD NEW COM 902124106 2 200 SH DEFINED 1 200 0 0 TYSON FOODS INC CL A 902494103 8 750 SH SOLE 1 0 0 750 TYSON FOODS INC CL A 902494103 174 15000 SH DEFINED 1 15000 0 0 USA TRUCK INC - 902925106 605 86498 SH SOLE 1 86498 0 0 RESTRICTED US BANCORP DEL NEW 902973304 52 2822 SH SOLE 1 2822 0 0 US UNWIRED INC 90338R104 3 5000 SH SOLE 1 0 5000 0 UNION PACIFIC CORP 907818108 212 3680 SH SOLE 1 2430 0 1250 UNION PACIFIC CORP 907818108 228 3950 SH DEFINED 1 150 3800 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 --------------- ---------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ------ UNION PLANTERS CORP 908068109 1102 40164 SH SOLE 1 40164 0 0 UNION PLANTERS CORP CONV PFD 908068307 49 1000 SH SOLE 1 1000 0 0 SER E 8% UNITED AUTO GROUP INC COM 909440109 141 10105 SH SOLE 1 10105 0 0 UNITED STS STL CORP NEW 912909108 5 500 SH SOLE 1 500 0 0 VAN KAMPEN INCOME TR 920957107 2 450 SOLE 1 450 0 0 VERIZON COMMUNICATIONS 92343V104 1006 36710 SH SOLE 1 32835 0 3875 VERIZON COMMUNICATIONS 92343V104 83 3028 SH DEFINED 1 2628 0 400 VIACOM INC CLB 925524308 95 2355 SH SOLE 1 2305 0 50 VIACOM INC CLB 925524308 13 325 SH DEFINED 1 325 0 0 VISTEON CORP 92839U107 0 89 SH SOLE 1 89 0 0 VODAFONE GROUP PLC NEW 92857W100 53 4164 SH SOLE 1 4164 0 0 W.P. CAREY & co., LLC 92930Y107 61 2474 SH SOLE 1 2474 0 0 WACHOVIA CORP 2ND NEW 929903102 361 11069 SH SOLE 1 11069 0 0 WACHOVIA CORP 2ND NEW 929903102 16 500 SH DEFINED 1 500 0 0 WAL MART STORES INC COM 931142103 2931 59545 SH SOLE 1 56495 0 3050 WAL MART STORES INC COM 931142103 230 4686 SH DEFINED 1 1586 3000 100 WALGREEN CO COM 931422109 150 4900 SH SOLE 1 4900 0 0 WASHINGTON MUTUAL INC 939322103 18 600 SH SOLE 1 600 0 0 WASTE MANAGEMENT INC NEW 94106L109 309 13282 SH SOLE 1 7662 0 5620 WASTE MANAGEMENT INC NEW 94106L109 0 1 SH DEFINED 1 0 0 1 WEBMD CORP 94769M105 5 1000 SH DEFINED 1 1000 0 0 WEINGARTEN RLTY INVS SH BEN INT 948741103 54 1500 SH SOLE 1 1500 0 0 WELLS FARGO & CO. NEW 949746101 323 6710 SH SOLE 1 6600 0 110 WELLS FARGO & CO. NEW 949746101 9 200 SH DEFINED 1 200 0 0 WEYERHAEUSER CO COM 962166104 166 3800 SH SOLE 1 3800 0 0 WHITNEY HOLDING CORP COMMON 966612103 101 3180 SH SOLE 1 3180 0 0 WILLIAMS COMPANY COMMON 969457100 5 2657 SH SOLE 1 2657 0 0 WORLDCOM, INC. 98157D106 33 367147 SH SOLE 1 367147 0 0 WORLDCOM, INC. 98157D106 0 1300 SH DEFINED 1 1000 0 300 WORLDCOM INC GA NW MCI 98157D304 2 17209 SH SOLE 1 13687 3522 0 GROUP WORLDCOM INC GA NW MCI 98157D304 0 40 SH DEFINED 1 40 0 0 GROUP WE WRIGLEY JR. COMPANY 982526105 9 200 SH SOLE 1 200 0 0 WYETH 983024100 257 8090 SH SOLE 1 6850 0 1240 WYETH 983024100 9 300 SH DEFINED 1 300 0 0 XM SATELLITE 983759101 97 25000 SH SOLE 1 25000 0 0 XCEL ENERGY INC 98389B100 20 2154 SH SOLE 1 2154 0 0 YUM BRANDS INC 988498101 70 2546 SH SOLE 1 2546 0 0 ZIMMER HLDGS INC 98956P102 7 200 SH DEFINED 1 200 0 0 AMSOUTH BANCORP 32165102 284 13,724 SH SOLE 0 0 13,724 BANCORPSOUTH INC 59691003 244 12,373 SH SOLE 0 0 12,373 BERKSHIRE HATHAWY CLUB DEL CLB 84670207 24 10 SH SOLE 0 0 10 BEST BUY INC 86516101 9 400 SH SOLE 0 0 400 CITIGROUP INC 172967101 65 2,250 SH SOLE 0 0 2,250 COCA COLA CO 191216100 58 1,200 SH SOLE 0 0 1,200 DISNEY WALT CO DEL 254687106 3 200 SH SOLE 0 0 200 E M C CORP MASS 268648102 4 800 SH SOLE 0 0 800 EATON VANCE TAX MGD CLASS B 277911848 31 1,982 SH SOLE 0 0 1,982 GENERAL ELECTRIC CO 369604103 183 7,480 SH SOLE 0 0 7,480 HEWLETT-PACKARD CO DE 428236103 4 300 SH SOLE 0 0 300 INTEL CORP 458140100 58 4,000 SH SOLE 0 0 4,000 JOHNSON & JOHNSON 478160104 15 274 SH SOLE 0 0 274 LSI LOGIC CORP 502161102 2 300 SH SOLE 0 0 300 LUCENT TECH INC 549463107 0 400 SH SOLE 0 0 400 MAGNA-LAB INC CL A 559235106 0 2,000 SH SOLE 0 0 2,000 MCDATA CORP CLA 580031201 0 29 SH SOLE 0 0 29 MICROSOFT CORP 594918104 37 822 SH SOLE 0 0 822 NASDAQ 100 TR UNIT SER 1 631100104 3 140 SH SOLE 0 0 140 NOKIA CORP ADR 654902204 1 100 SH SOLE 0 0 100 PEOPLES HLDG CO 711148106 60 1,439 SH SOLE 0 0 1,439 PHILIP MORRIS COS 718154107 8 200 SH SOLE 0 0 200 PROCTER & GAMBLE CO 742718109 152 1,720 SH SOLE 0 0 1,720 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 --------------- ------------- --------- -------- ------- --- ---- ---------- -------- ------- ------- ----- QWEST COMM INTL INC 749121109 1 412 SH SOLE 0 0 412 RF MICRO DEVICES INC 749941100 3 400 SH SOLE 0 0 400 SMUCKER J M CO NEW 832696405 1 34 SH SOLE 0 0 34 SUN MICROSYSTEMS INC 866810104 2 600 SH SOLE 0 0 600 TAIWAN 874039100 4 630 SH SOLE 0 0 630 SEMICONDUCTOR MANUFACTURING CO LTD TEXAS INSTRUMENTS INC 882508104 5 300 SH SOLE 0 0 300 AFFYMETRIX INC 00826T108 10 500 SH SOLE 0 0 500 AGERE SYS INC CLA 00845V100 0 4 SH SOLE 0 0 4 AGERE SYS INC CLB 00845V209 0 105 SH SOLE 0 0 105 CISCO SYS INC 17275R102 9 800 SH SOLE 0 0 800 GOLDMAN SACHS GROUP 38141G104 10 150 SH SOLE 0 0 150 INC JDS UNIPHASE CORP 46612J101 0 200 SH SOLE 0 0 200 JUNIPER NETWORKS INC 48203R104 0 100 SH SOLE 0 0 100 MERISTAR HOSPITALITY CORP 58984Y103 8 847 SH SOLE 0 0 847 TRAVELERS PPTY CAS CLA 89420G109 1 96 SH SOLE 0 0 96 TRAVELERS PPTY CAS CLB 89420G406 3 199 SH SOLE 0 0 199 WORLDCOM INC GA NEW 0 1,095 0 0 98157D106 SH SOLE 1,095 WORLDCOM INC GA 98157D304 0 55 SH SOLE 0 0 55 (MCI GROUP) AMDOCS LIMITED G02602103 2 325 SH SOLE 0 0 325 FLEXTRONICS INTL INC ISIN #SG9999000020 Y2573F102 4 600 SH SOLE 0 0 600 ------ ------ ------- ------- ------- GRAND TOTALS 316228 59,595 5720795 1816387 237,902 ====== ====== ======= ======= =======