UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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: 635
Form 13F Information Table Value Total: $413,687
(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
2
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
--------------- ---------- ----------- --------- ---------- ----- ----- ------------ ---------- -------- --------- ------------
DAIMLERCHRYSLE ORD D1668R123 1 49 SH SOLE 1 49 0 0
RAG
GLOBAL SANTAFE G3930E101 53 2295 SH SOLE 1 2295 0 0
CORP
INGSOLL-RAND CO G4776G101 297 6297 SH SOLE 1 5112 0 1185
CL A BERMUDA
NOBLE CORP G65422100 10 300 SH SOLE 1 300 0 0
TRANSOCEAN SEDCO G90078109 4 196 SH SOLE 1 196 0 0
FOREX INC
TRANSOCEAN SEDCO G90078109 1 77 SH DEFINED 1 77 0 0
FOREX INC
ROYAL CARIBBEAN V7780T103 4 200 SH SOLE 1 200 0 0
CRUISES
A F L A C INC 001055102 73 2400 SH SOLE 1 2400 0 0
AGL RESOURCES, 001204106 27 1090 SH SOLE 1 1090 0 0
INC
AES CORPORATION 00130H105 6 1000 SH SOLE 1 1000 0 0
AOL TIME WARNER 00184A105 473 29407 SH SOLE 1 29032 0 375
AT&T CORP COM NEW 001957505 107 5593 SH SOLE 1 5593 0 0
AT&T CORP COM NEW 001957505 2 119 SH DEFINED 1 119 0 0
AT&T WIRELESS 00209A106 60 7359 SH SOLE 1 6959 0 400
SVCS INC
AT&T WIRELESS 00209A106 1 192 SH DEFINED 1 192 0 0
SVCS INC
ABBOTT LAB 002824100 1400 32014 SH SOLE 1 29114 0 2900
ABBOTT LAB 002824100 218 5000 SH DEFINED 1 200 4200 600
ADAMS EXPRESS CO COM 006212104 114 9692 SH SOLE 1 9692 0 0
ADAPTEC INC 00651F108 3 400 SH SOLE 1 400 0 0
ADVANTEST CORP SPON ADR 00762U101 3 295 SH SOLE 1 295 0 0
ADVANCED MICRO 007903107 6 1000 SH SOLE 1 1000 0 0
DEVICES INC
ADVANCED MICRO 007903107 1 200 SH DEFINED 1 200 0 0
DEVICES INC
AEGEON N V ORD 007924103 2 290 SH SOLE 1 290 0 0
AETNA INC COM 00817Y108 12 200 SH DEFINED 1 0 0 200
AGILENT 00846U101 34 1775 SH SOLE 1 1775 0 0
TECHNOLOGIES,
INC
AGILENT 00846U101 1 100 SH DEFINED 1 0 0 100
TECHNOLOGIES,
INC.
AGNICO EAGLE 008474108 5 500 SH SOLE 1 500 0 0
MINES
AIR PRODS & COM 009158106 1 27 SH SOLE 1 27 0 0
CHEMS INC
ALCOA INC 013817101 157 6161 SH SOLE 1 4481 0 1680
ALCOA INC 013817101 12 500 SH DEFINED 1 500 0 0
ALLEGHENY ENERGY 017361106 1 200 SH SOLE 1 200 0 0
INC
ALLIANCE CAP 01855A101 73 2000 SH DEFINED 1 2000 0 0
MGMT HLDG L P
ALLIED CAP CORP COM 01903Q108 7 315 SH SOLE 1 315 0 0
NEW
ALLSTATE CORP COMMON 020002101 167 4707 SH SOLE 1 4707 0 0
ALLSTATE CORP COMMON 020002101 21 604 SH DEFINED 1 310 0 294
ALLTEL CORP 020039103 211 4390 SH SOLE 1 4390 0 0
ALLTEL CORP 020039103 511 10600 SH DEFINED 1 10600 0 0
ALTRIA GROUP INC 02209S103 567 12483 SH SOLE 1 10288 0 2195
AMERICAN EAGLE 02553E106 4 220 SH SOLE 1 220 0 0
OUTFITTERS, INC
AMERICAN 025537101 132 4460 SH SOLE 1 3060 0 1400
ELECTRIC POWER
AMER EXPRESS CO 025816109 117 2800 SH SOLE 1 2800 0 0
AMERICAN 026874107 298 5403 SH SOLE 1 3503 0 1900
INTERNATIONAL
GROUP INC
AMERICAN 026874107 9 175 SH DEFINED 1 175 0 0
INTERNATIONAL
GROUP, INC
AMERICAN CLASS A 027070101 3 80 SH SOLE 1 80 0 0
ITALIAN PASTA
COMPANY
AMERUS LIFE 03072M108 20 712 SH SOLE 1 712 0 0
HOLDINGS
AMERISOURCEBERGEN 03073E105 325 4690 SH SOLE 1 3255 0 1435
CORP
AMATEK INC 031100100 2 80 SH SOLE 1 80 0 0
AMGEN INC 031162100 40 611 SH SOLE 1 611 0 0
AMGEN INC 031162100 13 200 SH DEFINED 1 200 0 0
AMSOUTH 032165102 2514 115115 SH SOLE 1 115115 0 0
BANCORPORATION
AMVESCAP PLC ADR 03235E100 2 210 SH SOLE 1 210 0 0
ANADARKO PETE 032511107 65 1464 SH DEFINED 1 0 1464 0
CORP
ANALOG DEVICES COM 032654105 3 100 SH SOLE 1 100 0 0
INC
ANHEUSER-BUSCH 035229103 1166 22859 SH SOLE 1 20169 0 2690
COMPANIES
ANHEUSER-BUSCH 035229103 183 3600 SH DEFINED 1 3600 0 0
COMPANIES
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
--------------- ---------- ----------- --------- ---------- ----- ----- ------------ --------- -------- --------- ------------
ANTHEM INC 03674B104 276 3590 SH SOLE 1 2440 0 1150
APARTMENT INVT & CL A 03748R101 38 1100 SH SOLE 1 1100 0 0
MGMT CO
APPLE COMP INC 037833100 60 3200 SH DEFINED 1 3200 0 0
APPLIED 038222105 84 5350 SH SOLE 1 5350 0 0
MATERIALS INC
AQUILA INC 03840P102 6 2500 SH SOLE 1 2500 0 0
ARCH COAL, INC 039380100 4 200 SH SOLE 1 200 0 0
ARCHER-DANIELS-
MIDLAND 039483102 3 279 SH SOLE 1 279 0 0
COMPANY
ARMOR HOLDINGS, 042260109 3 285 SH SOLE 1 285 0 0
INC
ARVINMERITOR 043353101 0 44 SH SOLE 1 44 0 0
ASTORIA 046265104 4 155 SH SOLE 1 155 0 0
FINANCIAL CORP
AUTO DATA
PROCESS 053015103 187 5548 SH SOLE 1 5548 0 0
AUTO DATA
PROCESS 053015103 108 3200 SH DEFINED 1 3200 0 0
AUTOZONE 053332102 15 200 SH SOLE 1 200 0 0
AUTOZONE 053332102 40 530 SH DEFINED 1 530 0 0
AVAYA INC 053499109 1 227 SH SOLE 1 227 0 0
AVON PRODUCTS COM 054303102 43 700 SH SOLE 1 700 0 0
INC
AXA-UAP ADR 054536107 3 236 SH SOLE 1 236 0 0
BP AMOCO PLC ADR 055622104 410 9767 SH SOLE 1 9767 0 0
SPONSORED
BP AMOCO PLC ADR 055622104 199 4736 SH DEFINED 1 4736 0 0
SPONSORED
BAKER HUGHES INC COM 057224107 16 506 SH SOLE 1 506 0 0
BALDOR ELEC CO COM 057741100 29286 1422387 SH DEFINED 1 1422387 0 0
BANCO BILBAO ADR 05946K101 2 285 SH SOLE 1 285 0 0
VIZCAYA SP
BANCORP MS 05969210X 291 14000 SH SOLE 1 14000 0 0
BANCORPSOUTH INC 059692103 18683 896511 SH SOLE 1 895511 0 1000
BANCORPSOUTH INC 059692103 2886 138513 SH DEFINED 1 135247 2592 674
BANK OF AMERICA NEW COM 060505104 606 7680 SH SOLE 1 6220 0 1460
CORP
BANK OF AMERICA NEW COM 060505104 23 300 SH DEFINED 1 300 0 0
CORP
BANK OF THE 063904106 1770 46100 SH DEFINED 1 46100 0 0
OZARKS, INC
BANK OF NEW YORK 064057102 276 9615 SH SOLE 1 6755 0 2860
BANK ONE CORP COM 06423A103 89 2420 SH SOLE 1 2420 0 0
BANK ONE CORP COM 06423A103 55 1482 SH DEFINED 1 0 1482 0
BAXTER INTL INC 071813109 231 8895 SH SOLE 1 6855 0 2040
BEAR STEARNS COS 073902108 282 3896 SH SOLE 1 3166 0 730
INC
BECTON 075887109 16 412 SH SOLE 1 412 0 0
DICKINSON BED
BATH & BEYOND 075896100 7 200 SH SOLE 1 200 0 0
BELLSOUTH CORP 079860102 998 37494 SH SOLE 1 34564 0 2930
BELLSOUTH CORP 079860102 10 400 SH DEFINED 1 400 0 0
BERKSHIRE 084670108 72 1 SH SOLE 1 1 0 0
HATHAWAY "A"
BERKSHIRE CL B 084670207 7 3 SH DEFINED 1 3 0 0
HATHAWAY INC DEL
BIOTRANSPLANT COM 09066Y107 0 4400 SH SOLE 1 4400 0 0
INC
BLACKROCK INVT 09247D105 43 3000 SH SOLE 1 3000 0 0
QUALITY MUNI TR
INC
MF BLACKROCK 09247F100 18 2400 SH SOLE 1 2400 0 0
INCOME TRUST
BLACKSTONE 09247J102 39 4155 SH SOLE 1 4155 0 0
INVESTMENT
BLOCK H & R INC COM 093671105 17 401 SH SOLE 1 401 0 0
BOEING INC 097023105 50 1480 SH SOLE 1 880 0 600
BORG WARNER 099724106 5 82 SH SOLE 1 82 0 0
AUTOMOTIVE INC
BOSTON SCIENTIFIC 101137107 1 23 SH SOLE 1 23 0 0
BOWATER INC 102183100 61 1630 SH SOLE 1 1630 0 0
BRISTOL MYERS 110122108 675 24898 SH SOLE 1 22853 0 2045
SQUIBB CO
BRISTOL MYERS 110122108 32 1200 SH DEFINED 1 1200 0 0
SQUIBB CO
BRITISH SKY SPON ADR 111013108 3 70 SH SOLE 1 70 0 0
BROADCASTING GP
PLC
BROWN TOM INC NEW 115660201 2 105 SH SOLE 1 105 0 0
BUCKEYE 118255108 10 1500 SH SOLE 1 1500 0 0
TECHNOLOGY INC
CBRL GROUP INC COM 12489V106 34 900 SH SOLE 1 900 0 0
CEC ENTMT INC 125137109 31 850 SH SOLE 1 850 0 0
CLECO CORP COM 12561W105 7 461 SH SOLE 1 461 0 0
CSK AUTO CORP 125965103 1 135 SH SOLE 1 135 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
--------------- --------- ----------- --------- ---------- ----- ----- ------------ ---------- -------- --------- ------------
CNET NETWORKS INC 12613R104 0 118 SH SOLE 1 118 0 0
CADBURY ADR 127209302 29 1200 SH SOLE 1 1200 0 0
SCHWEPPES PLC
CALLAWAY GOLF CO 131193104 5 385 SH SOLE 1 185 0 200
CAMPBELL SOUP CO COM 134429109 9 400 SH SOLE 1 400 0 0
CANON INC ADR 138006309 3 70 SH SOLE 1 70 0 0
REPSTG 5
SHRS
CAPITAL ONE FINL COM 14040H105 226 4600 SH SOLE 1 4600 0 0
CORP
CARDINAL HEALTH COM 14149Y108 12 200 SH SOLE 1 200 0 0
INC
CATERPILLAR INC 149123101 166 3000 SH SOLE 1 3000 0 0
CENDANT CORP COM 151313103 20 1099 SH SOLE 1 1099 0 0
CENTERPOINT 15189T107 4 544 SH SOLE 1 544 0 0
ENERGY INC
CENTURYTEL, INC 156700106 123 3550 SH SOLE 1 3550 0 0
CHARTER DEL CL A 16117M107 2 600 SH SOLE 1 600 0 0
COMMUNICATIONS
INC
CHECKPOINT 162825103 14 1000 SH SOLE 1 1000 0 0
SYSTEMS
CHEVRONTEXACO 166764100 1005 13930 SH SOLE 1 12695 0 1235
CORP
CHEVRONTEXACO 166764100 95 1327 SH DEFINED 1 1327 0 0
CORP
CINERGY 172474108 4 114 SH SOLE 1 114 0 0
CISCO SYS INC 17275R102 607 36207 SH SOLE 1 32382 0 3825
CISCO SYS INC 17275R102 23 1400 SH DEFINED 1 800 0 600
CITIGROUP, INC 172967101 801 18737 SH SOLE 1 16392 0 2345
CITIGROUP, INC 172967101 347 8117 SH DEFINED 1 8117 0 0
CITIZENS HOLDING 174715102 2663 158987 SH SOLE 1 158987 0 0
COMPANY
CLEAR CHANNEL 184502102 4 100 SH SOLE 1 100 0 0
COMMUNICATIONS
COCA COLA COM 191098102 22 420 SH SOLE 1 420 0 0
BOTTLING CO CONS
COCA COLA CO 191216100 1284 27682 SH SOLE 1 25422 0 2260
COCA COLA CO 191216100 69 1500 SH DEFINED 1 500 0 1000
COCA COLA COM 191219104 70 3900 SH SOLE 1 3900 0 0
ENTERPRISES INC
COLGATE-PALMOLIVE 194162103 238 4112 SH SOLE 1 4112 0 0
CO
COLGATE-PALMOLIVE 194162103 11 200 SH DEFINED 1 0 0 200
CO
COLONIAL HIGH 195743109 1 200 SOLE 1 200 0 0
INCOME
MUNICIPAL TRUST
COMCAST CORP NEW CL A 20030N101 250 8315 SH SOLE 1 8315 0 0
COM
COMCAST CORP NEW CL A 20030N101 5 192 SH DEFINED 1 192 0 0
COM
COMMSCOPE INC 203372107 9 1000 SH SOLE 1 1000 0 0
COMPUTER ASSOC COM 204912109 17 800 SH SOLE 1 800 0 0
INTL INC
COMPUTER COMMON 205363104 3 99 SH DEFINED 1 0 0 99
SCIENCES
CORPORATION
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
CONOCO PHILLIPS 20825C104 268 4892 SH SOLE 1 3992 0 900
CONSECO SH BEN INT 20847A102 8 866 SH SOLE 1 866 0 0
STRATEGIC INC FD
CONSTELLATION 210371100 5 150 SH SOLE 1 150 0 0
ENERGY CORP
COOPER TIRE & 216831107 280 15953 SH SOLE 1 14953 0 1000
RUBBER CO
COOPER TIRE & 216831107 1 100 SH DEFINED 1 100 0 0
RUBBER CO
CORRECTIONS CORP 22025Y407 0 4 SH DEFINED 1 4 0 0
OF AMERICA
COSTCO WHOLESALE 22160K105 16 445 SH SOLE 1 445 0 0
CORP
COX CL A 224044107 3 100 SH DEFINED 1 100 0 0
COMMUNICATIONS
CYPRESS 232806109 6 500 SH SOLE 1 500 0 0
SEMICONDUCTOR
CYTYC CORPORATION 232946103 2 265 SH SOLE 1 265 0 0
DNP SELECT 23325P104 11 1100 SH DEFINED 1 1100 0 0
INCOME FD INC
DANAHER CORP DEL COM 235851102 204 3000 SH SOLE 1 1880 0 1120
DANKA BUSINESS SPONSORED 236277109 19 5000 SH SOLE 1 5000 0 0
SYS PLC ADR
DEERE & CO 244199105 68 1500 SH SOLE 1 1500 0 0
DEL MONTE FOODS COM 24522P103 1 121 SH SOLE 1 121 0 0
DELL COMPUTER 247025109 489 15365 SH SOLE 1 15365 0 0
DELL COMPUTER 247025109 35 1100 SH DEFINED 1 1100 0 0
DELPHI AUTO 247126105 2 250 SH SOLE 1 250 0 0
SYSTEMS
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
--------------- --------- ---------- --------- ---------- ----- ----- ------------ ---------- -------- --------- ------------
DELTA & PINE LD COM 247357106 11 509 SH SOLE 1 509 0 0
CO
DELTIC TIMBER INC 247850100 407 14324 SH SOLE 1 14324 0 0
DELTIC TIMBER INC 247850100 18363 645471 SH DEFINED 1 242423 403048 0
DEVON ENERGY NEW COM 25179M103 4 82 SH SOLE 1 82 0 0
CORP
DIAL CORPORATION 25247D101 6 348 SH SOLE 1 348 0 0
WALT DISNEY CO 254687106 236 11991 SH SOLE 1 8336 0 3655
WALT DISNEY CO 254687106 3 200 SH DEFINED 1 200 0 0
DOMINION RES INC VA NEW 25746U109 1 25 SH SOLE 1 25 0 0
DONNELLEY RR & 257867101 20 800 SH SOLE 1 800 0 0
SONS
DOW CHEMICAL CO 260543103 496 16053 SH SOLE 1 16053 0 0
DOW CHEMICAL CO 260543103 14 483 SH DEFINED 1 483 0 0
DREYFUS 261932107 20 2086 SOLE 1 2086 0 0
STRATEGIC
MUNICIPALS INC
DREYFUS 26201R102 18 1832 SOLE 1 1832 0 0
MUNICIPAL INCOME
INC
DU PONT EI D 263534109 155 3728 SH SOLE 1 3728 0 0
NEMOURS & CO
DU PONT EI D 263534109 4 100 SH DEFINED 1 100 0 0
NEMOURS & CO
DUKE ENERGY CORP COM 264399106 65 3264 SH SOLE 1 3264 0 0
DUN & BRADSTREET 26483E100 6 150 SH SOLE 1 150 0 0
NW
DYNEX CAP INC COM NEW 26817Q506 0 106 SH DEFINED 1 106 0 0
E-LOAN INC 26861P107 5 1000 SH SOLE 1 1000 0 0
EMC CORP 268648102 43 4200 SH SOLE 1 4200 0 0
EMC CORP 268648102 41 4000 SH DEFINED 1 4000 0 0
ENSCO 26874Q100 1 74 SH SOLE 1 74 0 0
INTERNATIONAL INC
E TRADE GROUP INC 269246104 34 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 251 3205 SH SOLE 1 2550 0 655
ECHOSTAR COMMUN 278762109 17 500 SH SOLE 1 500 0 0
EDWARDS 28176E108 7 240 SH SOLE 1 240 0 0
LIFESCIENCES CORP
EL PASO 28336L109 1 212 SH SOLE 1 212 0 0
CORPORATION
ELAN CORP PLC ADR 284131208 0 100 SH SOLE 1 100 0 0
ELECTRONIC DATA NEW 285661104 13 642 SH SOLE 1 642 0 0
SYS CORP
EMERSON ELECTRIC 291011104 97 1900 SH SOLE 1 1900 0 0
CO
ENCORE WIRE CORP COM 292562105 197 20900 SH SOLE 1 13900 0 7000
ENERGY EAST CORP COM 29266M109 4 200 SH SOLE 1 200 0 0
ENGELHARD CORP 292845104 6 253 SH DEFINED 1 0 0 253
ENTERASYS 293637104 0 200 SH SOLE 1 200 0 0
NETWORKS INC
ENTERGY CORP 29364G103 287 5444 SH SOLE 1 4444 0 1000
ENTERGY CORP 29364G103 31 593 SH DEFINED 1 593 0 0
EQUITY INNS, INC 294703103 10 1500 SH DEFINED 1 1500 0 0
EQUITY 29476L107 11 436 SH SOLE 1 436 0 0
RESIDENTIAL
PPTYS SBI
ESTERLINE 297425100 3 185 SH SOLE 1 185 0 0
TECHNOLOGIES CORP
EXXON MOBIL CORP 30231G102 6326 176226 SH SOLE 1 175426 0 800
EXXON MOBIL CORP 30231G102 1015 28276 SH DEFINED 1 18076 4700 5500
FPL GROUP INC 302571104 267 3995 SH SOLE 1 2810 0 1185
FED HMN LN MTG VOTING 313400301 12 250 SH SOLE 1 250 0 0
CORP COM
FNMA COM 313586109 80 1200 SH SOLE 1 1200 0 0
FEDERATED DEPT 31410H101 1 41 SH SOLE 1 41 0 0
STORES INC
FEDEX CORPORATION 31428X106 62 1000 SH SOLE 1 1000 0 0
FEDEX CORPORATION 31428X106 6 100 SH DEFINED 1 100 0 0
FIRST DATA CORP COM 319963104 1 40 SH SOLE 1 40 0 0
FIRST INDL RLTY 32054K103 14 450 SH SOLE 1 450 0 0
TR INC
FIRST M & F CORP 320744105 42 1293 SH SOLE 1 1293 0 0
FIRST TENNESSEE 337162101 1570 35778 SH SOLE 1 35778 0 0
NATIONAL CORP
FISERV INC 337738108 216 6070 SH SOLE 1 4255 0 1815
FIRSTMERIT CORP 337915102 7 325 SH SOLE 1 325 0 0
FLEET BOSTON CORP 339030108 24 812 SH SOLE 1 812 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
--------------- ---------- ----------- --------- ---------- ----- ----- ------------ ---------- -------- --------- ------------
FLUOR CORP 343412102 3 96 SH DEFINED 1 96 0 0
FORD MOTOR COMMON 345370860 74 6760 SH SOLE 1 6760 0 0
COMPANY
FORD MOTOR COMMON 345370860 7 700 SH DEFINED 1 700 0 0
COMPANY
FOREST LABS 345838106 14 266 SH SOLE 1 266 0 0
FORREST OIL CORP 346091705 135 5400 SH SOLE 1 0 0 5400
FORRESTER 346563109 3 235 SH SOLE 1 235 0 0
RESEARCH INC
FULTON FINANCIAL 360271100 2 140 SH SOLE 1 140 0 0
CORP - PA
FURNITURE BRANDS 360921100 3 145 SH SOLE 1 145 0 0
INTL
GSI COMMERCE INC 36238G102 0 29 SH SOLE 1 29 0 0
GALLAGHER ARTHUR 363576109 48 1770 SH SOLE 1 1770 0 0
J & CO
GAP INC DEL COM 364760108 29 1562 SH SOLE 1 1562 0 0
GENERAL ELECTRIC 369604103 3394 118358 SH SOLE 1 118358 0 0
CO
GENERAL ELECTRIC 369604103 83 2900 SH DEFINED 1 1700 0 1200
CO
GENERAL MLS INC COM 370334104 23 497 SH SOLE 1 497 0 0
GENERAL MLS INC COM 370334104 0 20 SH DEFINED 1 0 0 20
GEN MTR CORP 370442105 20 571 SH SOLE 1 571 0 0
GENOME COM 372430108 2 1000 SH SOLE 1 0 0 1000
THERAPEUTICS CORP
GEORGIA PAC CORP 373298108 24 1290 SH SOLE 1 1290 0 0
GERON CORP COM 374163103 2 300 SH SOLE 1 300 0 0
GILLETTE CO 375766102 95 3006 SH SOLE 1 2806 0 200
GILLETTE CO 375766102 111 3485 SH DEFINED 1 3485 0 0
GLAXO WELLCOME ADR 37733W105 4 100 SH SOLE 1 0 0 100
PLC SPONSORED
GOLDMAN SACHS 38141G104 14 178 SH SOLE 1 178 0 0
GROUP
GOODYEAR TIRE & 382550101 3 618 SH SOLE 1 618 0 0
RUBBER
GREAT LAKES CHEM COM 390568103 36 1785 SH DEFINED 1 1785 0 0
CORP
GREAT PLAINS 391164100 53 1855 SH SOLE 1 1855 0 0
ENERGY INC
GUIDANT CORP COM 401698105 115 2600 SH SOLE 1 2600 0 0
HCA INC. 404119109 97 3050 SH SOLE 1 3050 0 0
HCC INSURANCE 404132102 4 155 SH SOLE 1 155 0 0
HOLDINGS, INC
HALLIBURTON CO COM 406216101 19 850 SH SOLE 1 850 0 0
HALLIBURTON CO COM 406216101 13 600 SH DEFINED 1 600 0 0
HANCOCK FABRICS 409900107 25 1600 SH SOLE 1 1600 0 0
HANCOCK HLDG CO CAP VALUE 410120109 203 4345 SH SOLE 1 4345 0 0
CEF HANCOCK JOHN 41013X106 10 400 SH SOLE 1 400 0 0
PFD
JOHN HANCOCK 41014S106 8 285 SH SOLE 1 285 0 0
HARLEY DAVIDSON COM 412822108 14 355 SH SOLE 1 355 0 0
INC
HARRIS CORP 413875105 42 1400 SH SOLE 1 1400 0 0
HARTE-HANKS INC COM 416196103 2 150 SH SOLE 1 150 0 0
HARTFORD FNCL SV COM 416515104 12 250 SH DEFINED 1 250 0 0
GRP INC
HASBRO, INC 418056107 13 787 SH DEFINED 1 787 0 0
HEINZ H J CO COM 423074103 9 273 SH SOLE 1 273 0 0
HERSHEY FOODS 427866108 165 2380 SH SOLE 1 1480 0 900
CORP
HEWLETT PACKARD 428236103 491 23095 SH SOLE 1 20585 0 2510
CO
HEWLETT PACKARD 428236103 8 400 SH DEFINED 1 0 0 400
CO
HIBERNIA CORP 428656102 5586 307778 SH SOLE 1 306878 0 900
HIBERNIA CORP 428656102 16 900 SH DEFINED 1 900 0 0
HIGH INCOME 42967Q105 18 2500 SH SOLE 1 2500 0 0
OPPORTUNITY FD
HOME DEPOT 437076102 520 15725 SH SOLE 1 15725 0 0
HOME DEPOT 437076102 50 1532 SH DEFINED 1 1532 0 0
HONEYWELL INTL 438516106 83 3120 SH SOLE 1 3120 0 0
INC
HUBBELL INC CL B 443510201 33 1000 SH SOLE 1 1000 0 0
HUDSON UNITED 444165104 3 100 SH SOLE 1 100 0 0
BANCORP
ICN COM 448924100 8 525 SH SOLE 1 0 0 525
PHARMACEUTICALS
INC NEW
ING PRIME RATE 44977W106 100 13907 SH SOLE 1 13907 0 0
TR SH BEN INT
ILLINOIS TOOL 452308109 5 76 SH SOLE 1 76 0 0
WORKS INC
IMPERIAL TOBACCO SPON ADR 453142101 3 90 SH SOLE 1 90 0 0
PLC
INSIGHT COM 45765U103 27 2775 SH SOLE 1 2775 0 0
ENTERPRISES INC
INPUT/OUTPUT INC 457652105 4 750 SH SOLE 1 750 0 0
INTEL CORP CAP 458140100 993 47754 SH SOLE 1 41604 0 6150
INTEL CORP CAP 458140100 99 4780 SH DEFINED 1 3980 0 800
IBM CORP 459200101 2054 24898 SH SOLE 1 23178 0 1720
IBM CORP 459200101 39 475 SH DEFINED 1 475 0 0
INTL PAPER CO 460146103 197 5522 SH SOLE 1 4022 0 1500
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
--------------- --------- ---------- --------- ---------- ----- ----- ------------ ---------- -------- --------- ------------
INTL PAPER CO 460146103 51 1450 SH DEFINED 1 150 1100 200
IONICS, INC 462218108 3 155 SH SOLE 1 155 0 0
JDS UNIPHASE COM 46612J101 0 120 SH SOLE 1 120 0 0
CORP
J P MORGAN CHASE 46625H100 85 2499 SH SOLE 1 2499 0 0
& CO
J P MORGAN CHASE 46625H100 51 1500 SH DEFINED 1 1500 0 0
& CO
JANUS CAPITAL 47102X105 9 600 SH SOLE 1 600 0 0
GROUP INC.
JOHNSON & JOHNSON 478160104 2022 39122 SH SOLE 1 39122 0 0
JOHNSON & JOHNSON 478160104 460 8900 SH DEFINED 1 5000 1200 2700
JOHNSON CONTROLS 478366107 289 3385 SH SOLE 1 2470 0 915
INC
KLA TENCOR CORP 482480100 4 100 SH SOLE 1 100 0 0
K MART CORP COM 482584109 1 1000 SH SOLE 1 1000 0 0
KELLOGG CO 487836108 6 200 SH SOLE 1 200 0 0
KIMBERLY-CLARK 494368103 10 200 SH SOLE 1 200 0 0
CORP
KIMBERLY-CLARK 494368103 20 400 SH DEFINED 1 400 0 0
CORP
KINDER MORGAN PARTNERS, 494550106 9 232 SH SOLE 1 232 0 0
ENERGY L.P
KNIGHT RIDDER INC 499040103 38 565 SH SOLE 1 565 0 0
KOHL'S CORP 500255104 138 2700 SH SOLE 1 2700 0 0
KONINKLIJKE N V SP 500472303 4 219 SH SOLE 1 219 0 0
PHLPS ELECTRS ADR NEW
KROGER CO 501044101 176 10593 SH SOLE 1 6933 0 3660
LSI LOGIC CORP COM 502161102 2 400 SH SOLE 1 400 0 0
LA QUINTA CORP 1 COM LA 50419U202 0 205 SH SOLE 1 205 0 0
PAIRED CTF QUINTA
LAFARGE SPONSORED 505861401 2 180 SH SOLE 1 180 0 0
ADR
ESTEE LAUDER CO 518439104 20 600 SH DEFINED 1 600 0 0
LEHMAN BROTHERS COM 524908100 276 4160 SH SOLE 1 3080 0 1080
HOLDINGS
LEVEL 3 52729N100 40 6037 SH SOLE 1 6037 0 0
COMMUNICATIONS
INC
LEXMARK INTL NEW CL A 529771107 441 6237 SH SOLE 1 4467 0 1770
THE LIBERTY 530370105 123 2900 SH SOLE 1 2900 0 0
CORPORATION
ELI LILLY & CO 532457108 644 9345 SH SOLE 1 8150 0 1195
ELI LILLY & CO 532457108 103 1500 SH DEFINED 1 1500 0 0
LINCOLN NATIONAL IND 534187109 1 35 SH SOLE 1 35 0 0
CORP
LOCKHEED MARTIN 539830109 4 100 SH SOLE 1 100 0 0
CORP
LOEWS CORP 540424108 1 34 SH SOLE 1 34 0 0
LOWES CO INC 548661107 572 13335 SH SOLE 1 10690 0 2645
LUCENT 549463107 42 21105 SH SOLE 1 20905 0 200
TECHNOLOGIES
LUCENT 549463107 4 2200 SH DEFINED 1 2200 0 0
TECHNOLOGIES
M & T BANK CORP 55261F104 168 2000 SH SOLE 1 2000 0 0
MFS INTER INCOME INT 55273C107 31 4350 SH SOLE 1 4350 0 0
TR SH BEN
MGNA ENTMT CORP 559211107 0 20 SH SOLE 1 20 0 0
MANULIFE 56501R106 1079 38281 SH SOLE 1 38281 0 0
FINANCIAL CORP
MARATHON OIL CORP 565849106 1 54 SH SOLE 1 54 0 0
MARSH & MCLENNAN 571748102 2 58 SH SOLE 1 58 0 0
MARTIN MARIETTA 573284106 2 80 SH SOLE 1 80 0 0
MATERIALS, INC
MASSEY ENERGY 576206106 1 96 SH SOLE 1 96 0 0
CORP
MAXIM INTEGRATED 57772K101 12 356 SH SOLE 1 356 0 0
PRODUCTS INC
MCCORMICK & CO 579780206 182 6715 SH SOLE 1 4535 0 2180
MCDATA CORP CLASS A 580031201 1 73 SH DEFINED 1 73 0 0
MCDONALD'S CORP 580135101 70 3200 SH SOLE 1 3200 0 0
MEADWESTVACO CORP 583334107 38 1547 SH SOLE 1 1547 0 0
MEDIMMUNE INC COM 584699102 2 75 SH SOLE 1 75 0 0
MEDTRONIC INC COM 585055106 17 360 SH SOLE 1 360 0 0
MELLON FINL CORP 58551A108 22 800 SH SOLE 1 800 0 0
MERCK & CO INC 589331107 1724 28487 SH SOLE 1 27122 0 1365
MERCK & CO INC 589331107 217 3600 SH DEFINED 1 3100 0 500
MERRILL LYNCH & 590188108 14 320 SH SOLE 1 320 0 0
CO, INC
METLIFE INC COM 59156R108 121 4292 SH SOLE 1 4292 0 0
MICROSOFT CORP 594918104 690 26950 SH SOLE 1 26950 0 0
MICROSOFT CORP 594918104 20 800 SH DEFINED 1 0 0 800
MICRON TECHNOLOGY 595112103 23 2000 SH SOLE 1 2000 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
--------------- ---------- ----------- --------- ---------- ----- ----- ------------ ---------- ------- --------- ------------
MID-AMERICA 59522J103 27 1000 SH DEFINED 1 1000 0 0
APARTMENT CMNTYS
MIDAS GROUP INC 595626102 8 666 SH SOLE 1 666 0 0
MILLER HERMAN INC COM 600544100 68 3420 SH SOLE 1 3420 0 0
MIRANT CORP 604675108 8 3055 SH SOLE 1 3055 0 0
MISSISSIPPI 605288208 0 1492 SH SOLE 1 1492 0 0
CHEMICAL CORP
MONSANTO CO. 61166W101 12 596 SH SOLE 1 596 0 0
(NEW)
MONSANTO CO. 61166W101 5 235 SH DEFINED 1 150 0 85
(NEW)
MOODYS CORP 615369105 31 602 SH SOLE 1 602 0 0
MORGAN STANLEY 617446448 308 7206 SH SOLE 1 6041 0 1165
DEAN WITTER
DISCOVER & CO
MORGAN STANLEY 617446448 11 260 SH DEFINED 1 260 0 0
DEAN WITTER
DISCOVER & CO
MOTOROLA INC 620076109 106 11308 SH SOLE 1 11208 0 100
MOTOROLA INC 620076109 70 7466 SH DEFINED 1 7166 0 300
MULTIMEDIA GAMES 625453105 11 450 SH SOLE 1 450 0 0
INC
MUNICIPAL SH 62624B101 101 4000 SH SOLE 1 4000 0 0
MORTGAGE &
EQUITY LLC -
GROWTH
MUNIVEST FD INC COM 626295109 46 5000 SOLE 1 5000 0 0
MURPHY OIL CORP COM 626717102 5167 98268 SH SOLE 1 98268 0 0
MURPHY OIL CORP COM 626717102 244559 4650306 SH DEFINED 1 2068366 2581940 0
MYLAN 628530107 402 11583 SH SOLE 1 8471 0 3112
LABORATORIES INC
NBC CAP CORP 628729105 134 5333 SH SOLE 1 5333 0 0
NCR CORP NEW 62886E108 1 64 SH SOLE 1 64 0 0
NASDAQ 100 TRUST 631100104 5 200 SH SOLE 1 200 0 0
NATIONAL COMM 63545P104 57 2600 SH SOLE 1 2600 0 0
FINL CORP
NEWELL 651229106 11 400 SH SOLE 1 400 0 0
RUBBERMAID INC
NEWS CORP LTD ADR 652487703 1 44 SH SOLE 1 44 0 0
NICOR INC COM 654086107 20 550 SH SOLE 1 550 0 0
NIKE INC CLASS B 654106103 46 860 SH SOLE 1 860 0 0
NISOURCE INC 65473P105 143 7565 SH SOLE 1 4685 0 2880
NOKIA CORP SPND ADR 654902204 57 3493 SH SOLE 1 3493 0 0
NOBLE ENERGY INC 655044105 37 1000 SH SOLE 1 1000 0 0
NOMURA HOLDINGS ADR 65535H208 3 270 SH SOLE 1 270 0 0
INC
NORFOLK SO CORP 655844108 27 1434 SH SOLE 1 1434 0 0
NORTEL NETWORK NEW 656568102 13 5000 SH SOLE 1 5000 0 0
CORP
NORTHERN TRUST NTRS 665859104 74 1780 SH SOLE 1 1780 0 0
COMPANY
NORTHERN TRUST NTRS 665859104 166 4000 SH DEFINED 1 3600 0 400
COMPANY
NORTHRUP GRUMMAN 666807102 1 23 SH SOLE 1 23 0 0
NORTHWESTERN 668074107 0 330 SH SOLE 1 330 0 0
CORPORATION
NOVARTIS AG SPONSORED 66987V109 3 80 SH SOLE 1 80 0 0
ADR
NOVELLUS SYSTEMS 670008101 60 1655 SH SOLE 1 1655 0 0
NU SKIN CLASS A 67018T105 4 395 SH SOLE 1 395 0 0
ENTERPRISES INC
NUVEEN INSD MUNI FD 6706D8104 4 338 SOLE 1 338 0 0
PREMIUM INCOME
NUVEEN MUNICIPAL 67062W103 52 3529 SOLE 1 3529 0 0
MARKET OPP
OKLAHOMA GAS & 670837103 21 1000 SH SOLE 1 1000 0 0
ELEC ENERGY CORP
NUVEEN MUN VALUE 670928100 17 1800 SOLE 1 1800 0 0
FD INC
NUVEEN QUALITY 670977107 7 500 SH SOLE 1 500 0 0
INCOME MUNI
NUVEEN PREMIER 670988104 24 1565 SH SOLE 1 1565 0 0
MUNICIPAL INC
OSI COM 671040103 0 5 SH SOLE 1 5 0 0
PHARMACEUTICALS
INC
OCCIDENTAL PETE 674599105 16 500 SH SOLE 1 500 0 0
COR DEL
OCWEN FINANCIAL 675746101 3 880 SH SOLE 1 880 0 0
CORP
OFFICEMAX INC 67622M108 6 1000 SH SOLE 1 1000 0 0
OHIO CASUALTY 677240103 2 225 SH SOLE 1 225 0 0
CORP
OLIN CORP 680665205 2 166 SH DEFINED 1 166 0 0
OMNICOM GROUP 681919106 21 300 SH SOLE 1 300 0 0
ORACLE SYSTEMS 68389X105 130 10840 SH SOLE 1 6875 0 3965
CORP
PNC BANK CORP 693475105 1 29 SH SOLE 1 29 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
--------------- --------- ----- -------- ------- --- ---- ---------- -------- ----- ------ ----
PPG INDUSTRIES 693506107 31 626 SH SOLE 1 626 0 0
INC
PACTIV COPR 695257105 32 1647 SH SOLE 1 1647 0 0
PAYCHEX INC 704326107 4 150 SH SOLE 1 150 0 0
PCCW LTD SONSORED 70454G207 3 494 SH DEFINED 1 494 0 0
ADR
PENNEY J C INC COM 708160106 2 120 SH SOLE 1 120 0 0
PEOPLES ENERGY COM 711030106 21 500 SH DEFINED 1 500 0 0
CORP
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 8 457 SH SOLE 1 457 0 0
PEPSIAMERICAS INC 71343P200 50 4000 SH SOLE 1 4000 0 0
PEPSICO INC COM 713448108 1506 33846 SH SOLE 1 33846 0 0
PEPSICO INC COM 713448108 94 2130 SH DEFINED 1 430 1100 600
PFIZER INC 717081103 3198 93676 SH SOLE 1 93676 0 0
PFIZER INC 717081103 184 5417 SH DEFINED 1 3817 0 1600
PHELPS DODGE CORP COM 717265102 0 20 SH SOLE 1 20 0 0
PHELPS DODGE CORP COM 717265102 19 500 SH DEFINED 1 500 0 0
THE PHOENIX 71902E109 9 1051 SH SOLE 1 1051 0 0
COMPANIES
PLACER DOME INC 725906101 2 170 SH SOLE 1 170 0 0
POPE & TALBOT 732827100 2 220 SH SOLE 1 220 0 0
INC DELAWARE
POTLATCH CORP COM 737628107 3 150 SH SOLE 1 150 0 0
POWER 739363109 4 665 SH SOLE 1 665 0 0
TECHNOLOGIES
PRAXAIR INC COM 74005P104 18 300 SH DEFINED 1 300 0 0
PRINCIPAL 74251V102 87 2713 SH SOLE 1 2713 0 0
FINANCIAL GROUP
PROCTER & GAMBLE COM 742718109 1127 12641 SH SOLE 1 11421 0 1220
CO
PROCTER & GAMBLE COM 742718109 124 1400 SH DEFINED 1 1400 0 0
CO
PROGRESS ENERGY COM 743263105 10 232 SH SOLE 1 232 0 0
INC
PRUDENTIAL 744320102 126 3773 SH SOLE 1 3773 0 0
FINANCIAL
PUBLIC SVC 744573106 1 34 SH SOLE 1 34 0 0
ENTERPRISE GROUP
INC
PUBLIC STORAGE, REIT 74460D109 6 180 SH SOLE 1 180 0 0
INC
PUTNAM MANAGED 746823103 4 500 DEFINED 1 0 0 500
MUNICIPAL INCOME
TRUST
QLOGIC CORP COM 747277101 62 1303 SH SOLE 1 1303 0 0
QUALCOMM INC 747525103 7 200 SH SOLE 1 200 0 0
QUANTA SERVICES, 74762E102 5 730 SH SOLE 1 730 0 0
INC
QWEST COM 749121109 9 2049 SH SOLE 1 2049 0 0
COMMUNICATIONS
INTL INC
RFS HOTEL 74955J108 12 1000 SH SOLE 1 1000 0 0
INVESTORS
RH DONNELLEY CORP 74955W307 2 60 SH SOLE 1 60 0 0
RALCORP HOLDINGS NEW COM 751028101 1 66 SH DEFINED 1 0 0 66
RAYOVAC CORP 755081106 2 180 SH SOLE 1 180 0 0
RAYTHEON CO NEW 755111507 167 5110 SH SOLE 1 3430 0 1680
REED ELSEVIER SPON ADR 758205108 2 85 SH SOLE 1 85 0 0
PLC
REGIONS FNCL CORP 758940100 668 19800 SH SOLE 1 18600 0 1200
REGIONS FNCL CORP 758940100 60 1786 SH DEFINED 1 0 1786 0
RELIANT 75952B105 10 1786 SH SOLE 1 1786 0 0
RESOURCES INC
RELIANT 75952B105 28 4622 SH DEFINED 1 4622 0 0
RESOURCES INC
REMINGTON OIL & COM 759594302 29 1600 SH SOLE 1 1600 0 0
GAS CORP
RIO TINTO GBP 767204100 3 40 SH SOLE 1 40 0 0
RIVERSTONE 769320102 0 102 SH SOLE 1 102 0 0
NETWORKS INC
ROCKWELL INTL NEW 773903109 4 177 SH SOLE 1 177 0 0
CORP
ROCKWELL COLLINS 774341101 4 177 SH SOLE 1 177 0 0
INC
ROWAN COMPANIES 779382100 3 155 SH SOLE 1 155 0 0
INC
ROXIE INC 780008108 0 65 SH SOLE 1 65 0 0
ROYAL DUTCH PETE NY REG 780257804 384 8248 SH SOLE 1 6328 0 1920
CO GLD1.25
ROYAL DUTCH PETE NY REG 780257804 149 3200 SH DEFINED 1 3200 0 0
CO GLD1.25
RUBY TUESDAY INC 781182100 31 1260 SH DEFINED 1 0 0 1260
SBC 78387G103 968 37908 SH SOLE 1 34578 0 3330
COMMUNICATIONS,
INC
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
--------------- --------- ----- -------- ------- --- ---- ---------- -------- ----- ------ ----
SBC 78387G103 19 780 SH DEFINED 1 780 0 0
COMMUNICATIONS,
INC
ST JUDE MEDICAL 790849103 311 5425 SH SOLE 1 3780 0 1645
SANMINA CORP 800907107 1 306 SH SOLE 1 306 0 0
SARA LEE CORP COM 803111103 15 800 SH SOLE 1 800 0 0
SCANA CORP NEW 80589M102 241 7052 SH SOLE 1 4992 0 2060
SCHERING PLOUGH COM 806605101 348 18734 SH SOLE 1 18734 0 0
CORP
SCHERING PLOUGH COM 806605101 362 19500 SH DEFINED 1 100 19400 0
CORP
SCHLUMBERGER LTD COM 806857108 279 5880 SH SOLE 1 4220 0 1660
THE CHARLES 808513105 15 1500 SH SOLE 1 1500 0 0
SCHWAB CORP
SCRIPPS EW INC NEW CL A 811054204 35 400 SH SOLE 1 400 0 0
SEARS ROEBUCK & COM 812387108 64 1920 SH SOLE 1 1920 0 0
CO
SEARS ROEBUCK & COM 812387108 5 167 SH DEFINED 1 167 0 0
CO
SELIGMAN SELECT 816344105 14 1250 SH SOLE 1 1250 0 0
MUN FD INC
SEROLOGICALS CORP 817523103 3 235 SH SOLE 1 235 0 0
SERVICEMASTER COM 81760N109 81 7593 SH SOLE 1 7593 0 0
COMPANY
SHELL TRANS & NEW YRK 822703609 71 1800 SH DEFINED 1 1800 0 0
TRADING PLC SH NEW
SHERWIN WILLIAMS COM 824348106 29 1100 SH SOLE 1 1100 0 0
CO
SIMMONS 1ST NATL CL A $5 828730200 265 13200 SH SOLE 1 13200 0 0
CORP PAR
SIMMONS 1ST NATL CL A $5 828730200 10 500 SH DEFINED 1 500 0 0
CORP PAR
SIMON PROPERTY 828806109 276 7095 SH SOLE 1 4845 0 2250
GROUP INC
SIRIUS SATTELITE 82966U103 16 10000 SH SOLE 1 10000 0 0
RADIO
SKYWORKS 83088M102 0 61 SH SOLE 1 61 0 0
SOLUTIONS
SMUCKER J M CO 832696405 0 3 SH SOLE 1 3 0 0
SMURFIT-STONE 832727101 6 495 SH SOLE 1 495 0 0
CONTAINER CORP
SNAP ON INC 833034101 3 120 SH SOLE 1 120 0 0
SOLUTIA INC COM 834376105 1 676 SH SOLE 1 676 0 0
SONIC WALL INC 835470105 3 745 SH SOLE 1 745 0 0
SONY CORP 835699307 28 1000 SH DEFINED 1 1000 0 0
SOUTHERN CO COM 842587107 619 19889 SH SOLE 1 19889 0 0
SOUTHERN CO COM 842587107 80 2600 SH DEFINED 1 2600 0 0
SOUTHWEST AIRLS COM 844741108 8 505 SH SOLE 1 505 0 0
CO
SPRINT CORP COM FON 852061100 806 56000 SH SOLE 1 56000 0 0
GROUP
STANCORP 852891100 1 35 SH SOLE 1 35 0 0
FINANCIAL GROUP
STARBUCKS CORP 855244109 18 744 SH SOLE 1 744 0 0
STEWART 860370105 17 4000 SH SOLE 1 4000 0 0
ENTERPRISES
SUN LIFE 866796105 283 13637 SH SOLE 1 13637 0 0
FINANCIAL
SUN MICROSYSTEMS 866810104 7 1700 SH SOLE 1 1700 0 0
SUNGARD DATA 867363103 253 9800 SH SOLE 1 9800 0 0
SYSTEMS
SUNOCO INC 86764P109 37 1000 SH SOLE 1 1000 0 0
SUNTRUST BANKS COM 867914103 67 1145 SH SOLE 1 1145 0 0
INC
SYNOVUS FINL CORP 87161C105 24 1125 SH SOLE 1 1125 0 0
TDC A/S SPONSORED 87236N102 3 210 SH SOLE 1 210 0 0
ADR
TECO ENERGY INC COM 872375100 3 300 SH SOLE 1 300 0 0
TXU CORP 873168108 78 3500 SH SOLE 1 3500 0 0
TARGET CORP 87612E106 321 8500 SH SOLE 1 6560 0 1940
TARGET CORP 87612E106 15 400 SH DEFINED 1 400 0 0
TELEFONICA SA SPONSORED 879382208 3 90 SH SOLE 1 90 0 0
ADR
TELLABS INC 879664100 5 800 SH SOLE 1 800 0 0
DELAWARE
TELLABS INC 879664100 1 200 SH DEFINED 1 200 0 0
DELAWARE
TENNECO 880349105 0 150 SH SOLE 1 150 0 0
AUTOMOTIVE NW
TEVA ADR'S 881624209 3 60 SH SOLE 1 60 0 0
PHARMACEUTICAL
IND
TEXAS GENCO . 882443104 0 37 SH SOLE 1 37 0 0
HOLDINGS INC
TEXAS GENCO 882443104 2 128 SH DEFINED 1 128 0 0
HOLDINGS INC.
TEXAS INSTRUMENTS 882508104 21 1200 SH SOLE 1 1200 0 0
TEXTRON 883203101 230 5908 SH SOLE 1 3663 0 2245
INCORPORATED COMM
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
--------------- --------- ----- -------- ------- --- ---- ---------- -------- ----- ------ ----
THOMAS & BETTS COM 884315102 2 200 SH SOLE 1 200 0 0
CORP
THORNBURG 885218107 7 300 SH SOLE 1 300 0 0
MORTGAGE INC
3M CO 88579Y101 325 2526 SH SOLE 1 2161 0 365
TIDEWATER INC 886423102 3 110 SH SOLE 1 110 0 0
TIFFANY & CO NEW 886547108 71 2200 SH SOLE 1 2200 0 0
TOTAL FINA ELF S. A. ADR 89151E109 3 40 SH SOLE 1 40 0 0
TOYOTA MOTOR ADR NEW 892331307 3 60 SH SOLE 1 60 0 0
CORP
TRAVELERS CL A 89420G109 3 245 SH SOLE 1 245 0 0
PROPERTY
CASUALTY CORP
TRAVELERS CL A 89420G109 5 350 SH DEFINED 1 350 0 0
PROPERTY
CASUALTY CORP
TRAVELERS CL B COM 89420G406 9 581 SH SOLE 1 581 0 0
CORPORATION
TRAVELERS CL B COM 89420G406 11 720 SH DEFINED 1 720 0 0
CORPORATION
TRIBUNE COMPANY 896047107 57 1200 SH SOLE 1 1200 0 0
TRUSTMARK CORP COM 898402102 618 24288 SH SOLE 1 24288 0 0
TRUSTMARK CORP COM 898402102 25 1000 SH DEFINED 1 1000 0 0
TYCO INTL LTD NEW COM 902124106 6 350 SH SOLE 1 350 0 0
TYSON FOODS INC CL A 902494103 7 750 SH SOLE 1 0 0 750
TYSON FOODS INC CL A 902494103 159 15000 SH DEFINED 1 15000 0 0
UST INC COMMON 902911106 1 50 SH SOLE 1 50 0 0
STOCK
USA TRUCK INC 902925106 778 86498 SH SOLE 1 86498 0 0
-RESTRICTED
US BANCORP DEL NEW 902973304 2 82 SH SOLE 1 82 0 0
US UNWIRED INC 90338R104 2 5000 SH SOLE 1 5000 0 0
ULTRATECH 904034105 3 215 SH SOLE 1 215 0 0
STEPPER INC
UNIFI INC 904677101 3 605 SH SOLE 1 605 0 0
UNION PACIFIC 907818108 12 222 SH SOLE 1 222 0 0
CORP
UNION PACIFIC 907818108 229 3950 SH DEFINED 1 150 3800 0
CORP
UNION PLANTERS 908068109 1109 35764 SH SOLE 1 35764 0 0
CORP
UNION PLANTERS CONV PFD 908068307 60 1000 SH SOLE 1 1000 0 0
CORP SER E 8%
UNITED 913004107 5 140 SH SOLE 1 140 0 0
STATIONERS INC
VERIZON 92343V104 1126 28553 SH SOLE 1 25953 0 2600
COMMUNICATIONS
VERIZON 92343V104 108 2744 SH DEFINED 1 2344 0 400
COMMUNICATIONS
VIAD CORP 92552R109 7 348 SH SOLE 1 348 0 0
VIACOM INC CL B 925524308 117 2696 SH SOLE 1 2696 0 0
VIACOM INC CL B 925524308 14 325 SH DEFINED 1 325 0 0
VISTEON CORP 92839U107 0 75 SH SOLE 1 75 0 0
VODAFONE GROUP NEW 92857W100 83 4259 SH SOLE 1 4259 0 0
PLC
W.P.CAREY & CO., 92930Y107 74 2474 SH SOLE 1 2474 0 0
LLC
WACHOVIA CORP 2ND NEW 929903102 432 10830 SH SOLE 1 10830 0 0
WACHOVIA CORP 2ND NEW 929903102 19 500 SH DEFINED 1 500 0 0
WAL MART STORES COM 931142103 2528 47117 SH SOLE 1 43852 0 3265
INC
WAL MART STORES COM 931142103 246 4586 SH DEFINED 1 1486 3000 100
INC
WALGREEN CO COM 931422109 240 7989 SH SOLE 1 6004 0 1985
WASHINGTON 939322103 26 649 SH SOLE 1 649 0 0
MUTUAL INC
WASTE MANAGEMENT NEW 94106L109 141 5893 SH SOLE 1 3738 0 2155
INC
WASTE MANAGEMENT NEW 94106L109 0 1 SH DEFINED 1 0 0 1
INC
WATSON WYATT & CLASS A 942712100 3 170 SH SOLE 1 170 0 0
CO HLDGS
WEBSTER 947890109 3 90 SH SOLE 1 90 0 0
FINANCIAL CORP
WEINGARTEN RLTY SH BEN 948741103 62 1500 SH SOLE 1 1500 0 0
INVS INT
WELLS FARGO & NEW 949746101 277 5515 SH SOLE 1 5515 0 0
CO.
WELLS FARGO & NEW 949746101 10 200 SH DEFINED 1 200 0 0
CO.
WESTAR ENERGY INC 95709T100 3 200 SH SOLE 1 200 0 0
WEYERHAEUSER CO COM 962166104 205 3800 SH SOLE 1 3800 0 0
WHITNEY HOLDING COMMON 966612103 101 3180 SH SOLE 1 3180 0 0
CORP
WILD OATS MKTS 96808B107 4 390 SH SOLE 1 390 0 0
INC
WILLIAMS COMPANY COMMON 969457100 13 1757 SH SOLE 1 1757 0 0
WE WRIGLEY JR. 982526105 11 200 SH SOLE 1 200 0 0
COMPANY
WYETH 983024100 363 7985 SH SOLE 1 6795 0 1190
WYETH 983024100 13 300 SH DEFINED 1 300 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
--------------- --------- ----- -------- ------- --- ---- ---------- -------- ----- ------ ------
XM SATELLITE 983759101 274 25000 SH SOLE 1 25000 0 0
XCEL ENERGY INC 98389B100 32 2154 SH SOLE 1 2154 0 0
XILINX INC 983919101 2 100 SH SOLE 1 100 0 0
YANKEE CANDLE CO 984757104 4 175 SH SOLE 1 175 0 0
INC
YUM BRANDS INC 988498101 77 2626 SH SOLE 1 2626 0 0
ZOLL MEDICAL CORP 989922109 3 115 SH SOLE 1 115 0 0
ALLIANCE BER
TECHNOLOGY CL A 18780106 245 5,492 SH SOLE 0 0 5,492
ALLIANT
TECHSYSTEMS INC 18804104 11 210 SH SOLE 0 0 210
ALLSTATE 20002101 5 150 SH SOLE 0 0 150
CORP
ALLTEL CORP NEW 20039103 6 125 SH SOLE 0 0 125
AMER INTL GROUP
INC 26874107 4 67 SH SOLE 0 0 67
AMGEN INC 31162100 5 75 SH SOLE 0 0 75
AMSOUTH
BANCORP 32165102 301 13,724 SH SOLE 0 0 13,724
AMSOUTH LARGE EQUITY
CAP CLASS
A 32168288 56 3,498 SH SOLE 0 0 3,498
AUTOMATIC DATA 53015103 3 100 SH SOLE 0 0 100
PROCESSING
INC
BANCORPSOUTH 59692103 254 12,373 SH SOLE 0 0 12,373
INC
BANK OF 60505104 12 150 SH SOLE 0 0 150
AMERICA
BERKSHIRE DEL CL 84670207 24 10 SH SOLE 0 0 10
HATHAWAY INC B
BEST BUY INC 86516101 9 210 SH SOLE 0 0 210
BJURMAN MICRO 91794206 23 892 SH SOLE 0 0 892
CAP
CALAMOS GROWTH 128119302 412 11,165 SH SOLE 0 0 11,165
CLASS
CITIGROUP INC 172967101 97 2,250 SH SOLE 0 0 2,250
COCA COLA CO 191216100 56 1,200 SH SOLE 0 0 1,200
DISNEY WALT CO 254687106 4 200 SH SOLE 0 0 200
DEL
E M C CORP 268648102 9 900 SH SOLE 0 0 900
MASS
EATON VANCE TAX CLASS B 277911848 34 1,982 SH SOLE 0 0 1,982
MGD
AMERICAN CLASS 298706409 13 535 SH SOLE 0 0 535
EUROPACIFIC F
GENERAL 369550108 8 110 SH SOLE 0 0 110
DYNAMICS CRP
GENERAL 369604103 217 7,585 SH SOLE 0 0 7,585
ELECTRIC CO
GENERAL MOTORS 370442105 9 240 SH SOLE 0 0 240
CORP
HARTFORD MID CLASS A 416645711 65 3,555 SH SOLE 0 0 3,555
CAP
HEWLETT-PACKARD 428236103 11 540 SH SOLE 0 0 540
CO
HOME DEPOT 437076102 4 127 SH SOLE 0 0 127
INC
INTEL CORP 458140100 88 4,280 SH SOLE 0 0 4,280
ISHARES TR DOW 464287788 242 3,157 SH SOLE 0 0 3,157
JONES
JOHNSON & 478160104 14 274 SH SOLE 0 0 274
JOHNSON
L-3 502424104 12 280 SH SOLE 0 0 280
COMMUNICATIONS
LIBERTY SMALL CL A 531273373 43 2,994 SH SOLE 0 0 2,994
CAP
LUCENT TECH 549463107 1 500 SH SOLE 0 0 500
INC
MAGNA-LAB INC CL A 559235106 0 2,000 SH SOLE 0 0 2,000
MATTHEWS TIGER 577130107 14 1,474 SH SOLE 0 0 1,474
PACIFIC FUND
MICROSOFT 594918104 44 1,734 SH SOLE 0 0 1,734
CORP
NASDAQ 100 TR 631100104 4 150 SH SOLE 0 0 150
NOKIA CORP 654902204 2 100 SH SOLE 0 0 100
ADR
PEOPLES HLDG TUPELO 711148106 62 1,439 SH SOLE 0 0 1,439
CO MS
PFIZER INC 717081103 16 468 SH SOLE 0 0 468
PITNEY BOWES 724479100 8 200 SH SOLE 0 0 200
INC
PROCTER & 742718109 131 1,470 SH SOLE 0 0 1,470
GAMBLE CO
RF MICRO 749941100 2 400 SH SOLE 0 0 400
DEVICES INC
SUN 866810104 3 600 SH SOLE 0 0 600
MICROSYSTEMS INC
SYBRON DENTAL 871142105 2 83 SH SOLE 0 0 83
COM
TAIWAN 874039100 6 630 SH SOLE 0 0 630
SEMICONDUCTOR
TEXAS 882508104 5 300 SH SOLE 0 0 300
INSTRUMENTS INC
TYCO INTL LTD 902124106 2 80 SH SOLE 0 0 80
NEW
US BANCORP COM NEW 902973304 5 215 SH SOLE 0 0 215
DEL
WAL-MART STORES 931142103 5 100 SH SOLE 0 0 100
INC
WALGREEN 931422109 5 150 SH SOLE 0 0 150
COMPANY
WEITZ 949045108 338 10,556 SH SOLE 0 0 10,556
VALUE
ALTRIA GROUP 02209S103 9 200 SH SOLE 0 0 200
INC
APOGENT 03760A101 5 250 SH SOLE 0 0 250
TECHNOLOGIES
CISCO SYS INC 17275R102 8 500 SH SOLE 0 0 500
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
--------------- --------- ----- -------- ---------- --- ---- ---------- -------- ------- -------- -------
JDS UNIPHASE 46612J101 1 250 SH SOLE 0 0 250
CORP
JUNIPER 48203R104 1 100 SH SOLE 0 0 100
NETWORKS
MERISTAR CORP 58984Y103 4 847 SH SOLE 0 0 847
HOSPITALITY
MISSISSIPPI ST BDS SER. 6055795R8 570 500,000 SH SOLE 0 0 500,000
G.O. 1996
NAUTILUS GROUP 63910B102 4 300 SH SOLE 0 0 300
INC
TRAVELERS PPTY NEW CL A 89420G109 0 10 SH SOLE 0 0 10
CAS CORP
TRAVELERS PPTY NEW CL B 89420G406 0 22 SH SOLE 0 0 22
CAS CORP
WORLDCOM INC COM 98157D106 0 1,095 SH SOLE 0 0 1,095
WORLDCOM GROUP
WORLDCOM INC GA 98157D304 0 55 SH SOLE 0 0 55
(MCI
AMDOCS G02602103 8 325 SH SOLE 0 0 325
LIMITED
FLEXTRONICS Y2573F102 6 600 SH SOLE 0 0 0
INTL. INC
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GRAND TOTALS 413687 11,586,476 7787992 3030812 749,168
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