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, 2004
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: 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 August 10, 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: 685
Form 13F Information Table Value Total: $ 523,818,000
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
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
DAIMLERCHRYSLER AG ORD D1668R123 2 49 SH SOLE 1 49 0 0
ACE LIMITED G0070K103 17 407 SH SOLE 1 253 0 154
COOPER INDUSTRIES, LTD CL A G24182100 10 180 SH SOLE 1 0 0 180
FRONTLINE LDT F G3682E127 3 100 SH SOLE 1 100 0 0
INGSOLL-RAND CO CL A G4776G101 482 7060 SH SOLE 1 5560 0 1500
BERMUDA
NOBLE CORP G65422100 11 300 SH SOLE 1 300 0 0
ROYAL CARIBBEAN CRUISES V7780T103 8 200 SH SOLE 1 200 0 0
A F L A C INC 001055102 97 2400 SH SOLE 1 2400 0 0
AGL RESOURCES, INC 001204106 31 1090 SH SOLE 1 1090 0 0
AES CORPORATION 00130H105 9 1000 SH SOLE 1 0 1000 0
AT&T CORP COM NEW 001957505 50 3421 SH SOLE 1 3121 0 300
AT&T CORP COM NEW 001957505 4 297 SH DEFINED 1 49 248 0
AT&T WIRELESS SVCS INC 00209A106 97 6806 SH SOLE 1 5906 0 900
AT&T WIRELESS SVCS INC 00209A106 6 479 SH DEFINED 1 80 399 0
ABBOTT LAB 002824100 955 23442 SH SOLE 1 19574 0 3868
ABBOTT LAB 002824100 171 4200 SH DEFINED 1 200 4000 0
ADAMS EXPRESS CO COM 006212104 123 9692 SH SOLE 1 9692 0 0
ADAPTEC INC 00651F108 3 400 SH SOLE 1 400 0 0
ADVANCED MICRO DEVICES INC 007903107 165 10415 SH SOLE 1 600 0 9815
ADVANCED MICRO DEVICES INC 007903107 3 200 SH DEFINED 1 200 0 0
AETNA INC COM 00817Y108 8 100 SH DEFINED 1 0 0 100
AGERE SYSTEM INC-A 00845V100 0 8 SH DEFINED 1 0 8 0
AGERE SYS INC CL B 00845V209 0 206 SH DEFINED 1 0 206 0
AGILENT TECHNOLOGIES, INC. 00846U101 44 1525 SH SOLE 1 1525 0 0
AGNICO EAGLE MINES 008474108 6 500 SH SOLE 1 500 0 0
AIR PRODS & CHEMS INC COM 009158106 17 334 SH SOLE 1 168 0 166
AIRTRAN HLDGS INC COM 00949P108 3 255 SH SOLE 1 255 0 0
ALBERTSONS, INC 013104104 12 485 SH SOLE 1 0 0 485
ALCOA INC 013817101 218 6618 SH SOLE 1 4400 0 2218
ALCOA INC 013817101 11 350 SH DEFINED 1 350 0 0
ALLIANCE CAP MGMT HLDG L P 01855A101 67 2000 SH DEFINED 1 2000 0 0
ALLIED CAP CORP NEW COM 01903Q108 7 315 SH SOLE 1 315 0 0
ALLSTATE CORP COMMON 020002101 678 14589 SH SOLE 1 10930 0 3659
ALLSTATE CORP COMMON 020002101 28 604 SH DEFINED 1 310 0 294
ALLTEL CORP 020039103 243 4810 SH SOLE 1 4590 0 220
ALLTEL CORP 020039103 536 10600 SH DEFINED 1 10600 0 0
ALTRIA GROUP INC 02209S103 840 16789 SH SOLE 1 13576 0 3213
AMERICAN EAGLE 02553E106 9 340 SH SOLE 1 200 0 140
OUTFITTERS, INC
AMERICAN ELECTRIC POWER 025537101 151 4743 SH SOLE 1 1243 0 3500
AMER EXPRESS CO 025816109 143 2800 SH SOLE 1 2800 0 0
AMERICAN GROUP 026874107 466 6542 SH SOLE 1 4110 0 2432
INTERNATIONAL, INC
AMERICAN GROUP 026874107 12 175 SH DEFINED 1 175 0 0
INTERNATIONAL, INC
AMERICREDIT CORP COM 03060R101 3 190 SH SOLE 1 190 0 0
AMERUS LIFE HOLDINGS 03072M108 29 712 SH SOLE 1 712 0 0
AMERISOURCEBERGEN CORP 03073E105 20 340 SH SOLE 1 209 0 131
AMETEK INC 031100100 9 320 SH SOLE 1 190 0 130
AMGEN INC 031162100 39 730 SH SOLE 1 611 0 119
AMGEN INC 031162100 10 200 SH DEFINED 1 200 0 0
AMSOUTH BANCORPORATION 032165102 1234 48474 SH SOLE 1 48474 0 0
ANADARKO PETE CORP 032511107 85 1464 SH DEFINED 1 0 1464 0
ANALOG DEVICES INC COM 032654105 4 100 SH SOLE 1 100 0 0
ANHEUSER-BUSCH COMPANIES 035229103 900 16684 SH SOLE 1 15084 0 1600
ANHEUSER-BUSCH COMPANIES 035229103 194 3600 SH DEFINED 1 3600 0 0
APPLE COMP INC 037833100 104 3200 SH DEFINED 1 3200 0 0
APPLIED MATERIALS INC 038222105 100 5150 SH SOLE 1 5150 0 0
AQUANTIVE INC 03839G105 2 280 SH SOLE 1 0 0 280
ARCH COAL, INC 039380100 11 325 SH SOLE 1 190 0 135
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
ARCHER-DANIELS-MIDLAND 039483102 4 279 SH SOLE 1 279 0 0
COMPANY
ARVINMERITOR 043353101 0 44 SH SOLE 1 44 0 0
ASTORIA FINANCIAL CORP 046265104 6 175 SH SOLE 1 105 0 70
ASYST TECHNOLOGIES INC 04648X107 8 865 SH SOLE 1 510 0 355
AUTO DATA PROCESS 053015103 207 4950 SH SOLE 1 4950 0 0
AUTO DATA PROCESS 053015103 92 2200 SH DEFINED 1 2200 0 0
AUTOZONE 053332102 16 200 SH SOLE 1 200 0 0
AUTOZONE 053332102 38 480 SH DEFINED 1 480 0 0
AVAYA INC 053499109 2 172 SH SOLE 1 172 0 0
AVAYA INC 053499109 1 65 SH DEFINED 1 0 65 0
AVON PRODUCTS INC COM 054303102 64 1400 SH SOLE 1 1400 0 0
AXA-UAP ADR 054536107 5 236 SH SOLE 1 236 0 0
BP AMOCO PLC SPONSORED ADR 055622104 484 9052 SH SOLE 1 8977 0 75
BP AMOCO PLC SPONSORED ADR 055622104 204 3810 SH DEFINED 1 3810 0 0
BMC SOFTWARE 055921100 21 1158 SH SOLE 1 719 0 439
BAKER HUGHES INC COM 057224107 9 253 SH SOLE 1 253 0 0
BALDOR ELEC CO COM 057741100 33223 1423467 SH DEFINED 1 1423467 0 0
BANCORPSOUTH INC 059692103 20924 929140 SH SOLE 1 928140 0 1000
BANCORPSOUTH INC 059692103 2971 131961 SH DEFINED 1 128695 2592 674
BANK OF AMERICA CORP NEW 060505104 779 9209 SH SOLE 1 7061 0 2148
COM
BANK OF AMERICA CORP NEW 060505104 25 300 SH DEFINED 1 300 0 0
COM
BANK OF THE OZARKS, INC 063904106 2149 92200 SH DEFINED 1 92200 0 0
BANK OF NEW YORK 064057102 263 8940 SH SOLE 1 5580 0 3360
BANK ONE CORP COM 06423A103 123 2420 SH SOLE 1 2420 0 0
BANK ONE CORP COM 06423A103 75 1482 SH DEFINED 1 0 1482 0
BAXTER INTL INC 071813109 69 2000 SH SOLE 1 2000 0 0
BEAR STEARNS COS INC 073902108 102 1212 SH SOLE 1 1157 0 55
BED BATH & BEYOND 075896100 7 200 SH SOLE 1 200 0 0
BELLSOUTH CORP 079860102 743 28356 SH SOLE 1 24568 0 3788
BELLSOUTH CORP 079860102 70 2696 SH DEFINED 1 400 2296 0
BERKSHIRE HATHAWAY "A" 084670108 88 1 SH SOLE 1 1 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 8 3 SH DEFINED 1 3 0 0
BLACKROCK INVT QUALITY 09247D105 41 3000 SH SOLE 1 3000 0 0
MUNI TR INC
MF BLACKROCK INCOME TRUST 09247F100 16 2400 SH SOLE 1 2400 0 0
BLOCK H & R INC COM 093671105 26 563 SH SOLE 1 348 0 215
BOEING INC 097023105 61 1200 SH SOLE 1 600 0 600
BOSTON PROPERTIES INC 101121101 11 235 SH SOLE 1 0 0 235
BRINKER INTL INC 109641100 14 426 SH SOLE 1 250 0 176
BRISTOL MYERS SQUIBB CO 110122108 463 18915 SH SOLE 1 18480 0 435
BRISTOL MYERS SQUIBB CO 110122108 49 2000 SH DEFINED 1 2000 0 0
BROOKLINE BANCORP INC 11373M107 6 450 SH SOLE 1 265 0 185
BURLINGTON NORTHERN/SANTA 12189T104 11 330 SH SOLE 1 0 0 330
FE CORP
CBRL GROUP INC COM 12489V106 33 1095 SH SOLE 1 1015 0 80
CIGNA CORPORATION 125509109 20 302 SH SOLE 1 187 0 115
CLECO CORP COM 12561W105 5 280 SH SOLE 1 165 0 115
CSK AUTO CORP 125965103 7 430 SH SOLE 1 250 0 180
CNET NETWORKS INC 12613R104 1 118 SH SOLE 1 118 0 0
CVS CORP DELAWARE 126650100 13 316 SH SOLE 1 196 0 120
CADBURY SCHWEPPES PLC ADR 127209302 42 1200 SH SOLE 1 1200 0 0
CALLAWAY GOLF CO 131193104 8 710 SH SOLE 1 300 0 410
CAMPBELL SOUP CO COM 134429109 10 400 SH SOLE 1 400 0 0
CAPITAL ONE FINL CORP COM 14040H105 177 2600 SH SOLE 1 2600 0 0
CARAUSTAR INDUSTRIES, INC 140909102 8 615 SH SOLE 1 363 0 252
CARDINAL HEALTH INC COM 14149Y108 14 200 SH SOLE 1 200 0 0
CARNIVAL CORP 143658300 17 366 SH SOLE 1 206 0 160
CATERPILLAR INC 149123101 7 100 SH SOLE 1 100 0 0
CENDANT CORP COM 151313103 30 1226 SH SOLE 1 1000 0 226
CENTENE CORP DEL 15135B101 2 55 SH SOLE 1 0 0 55
CENTERPOINT ENERGY INC 15189T107 5 500 SH SOLE 1 0 0 500
CENTERPOINT ENERGY INC 15189T107 24 2172 SH DEFINED 1 2172 0 0
CENTURYTEL, INC 156700106 60 2000 SH SOLE 1 2000 0 0
CHECKPOINT SYSTEMS 162825103 17 1000 SH SOLE 1 1000 0 0
CHEVRONTEXACO CORP 166764100 953 10127 SH SOLE 1 8488 0 1639
CHEVRONTEXACO CORP 166764100 124 1327 SH DEFINED 1 1327 0 0
CINERGY 172474108 10 275 SH SOLE 1 275 0 0
CISCO SYS INC 17275R102 828 34964 SH SOLE 1 28302 1650 5012
CISCO SYS INC 17275R102 23 1000 SH DEFINED 1 400 0 600
CITIGROUP, INC 172967101 915 19687 SH SOLE 1 16541 0 3146
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
CITIGROUP, INC 172967101 377 8117 SH DEFINED 1 8117 0 0
CITIZENS HOLDING COMPANY 174715102 3321 158987 SH SOLE 1 158987 0 0
CLEAR CHANNEL 184502102 3 100 SH SOLE 1 100 0 0
COMMUNICATIONS
COCA COLA BOTTLING CO CONS COM 191098102 6 105 SH SOLE 1 105 0 0
COCA COLA CO 191216100 1228 24332 SH SOLE 1 19737 0 4595
COCA COLA CO 191216100 312 6200 SH DEFINED 1 5200 0 1000
COCA COLA ENTERPRISES INC COM 191219104 69 2400 SH SOLE 1 2400 0 0
COGNEX CORP 192422103 2 65 SH SOLE 1 0 0 65
COLGATE-PALMOLIVE CO 194162103 228 3912 SH SOLE 1 3912 0 0
COLGATE-PALMOLIVE CO 194162103 11 200 SH DEFINED 1 0 0 200
COLONIAL BANCGROUP INC 195493309 4 240 SH SOLE 1 140 0 100
COLUMBIA SPORTSWEAR CO 198516106 4 75 SH SOLE 1 45 0 30
COMCAST CORP NEW CL A COM 20030N101 32 1155 SH SOLE 1 1155 0 0
COMCAST CORP NEW CL A COM 20030N101 11 401 SH DEFINED 1 0 401 0
COMMSCOPE INC 203372107 21 1000 SH SOLE 1 1000 0 0
COMPUTER SCIENCES 205363104 4 99 SH DEFINED 1 0 0 99
CORPORATION COMMON
COMSTOCK RES INC NEW 205768203 3 205 SH SOLE 1 0 0 205
CONAGRA FOODS INC COM 205887102 16 615 SH SOLE 1 245 0 370
CONEXANT SYS INC COM 207142100 0 176 SH SOLE 1 176 0 0
CONN'S INC 208242107 12 800 SH DEFINED 1 800 0 0
CONOCO PHILLIPS 20825C104 445 5843 SH SOLE 1 4451 0 1392
CONSECO INC NEW 208464883 14 733 SH SOLE 1 455 0 278
COOPER TIRE & RUBBER CO 216831107 373 16243 SH SOLE 1 15123 0 1120
COOPER TIRE & RUBBER CO 216831107 2 100 SH DEFINED 1 100 0 0
CORRECTIONS CORP OF 22025Y407 5 145 SH SOLE 1 0 0 145
AMERICA
COSTCO WHOLESALE CORP 22160K105 26 640 SH SOLE 1 445 0 195
CREDIT SUISSE GROUP ADR 225401108 4 134 SH SOLE 1 134 0 0
CRESCENT REAL ESTATE 225756105 5 345 SH SOLE 1 200 0 145
EQUITIECOM
CROSS COUNTRY HEALTHCARE, 227483104 9 530 SH SOLE 1 310 0 220
INC
DNP SELECT INCOME FD INC 23325P104 11 1100 SH SOLE 1 1100 0 0
DTE ENERGY CO 233331107 21 535 SH SOLE 1 0 0 535
DANAHER CORP DEL COM 235851102 365 7060 SH SOLE 1 4410 0 2650
DEERE & CO 244199105 105 1500 SH SOLE 1 1500 0 0
DELEWARE INVESTMENTS 245916101 5 500 SH SOLE 1 500 0 0
GLOBAL DIVIDEND & INCOME
DELL INC 24702R101 982 27447 SH SOLE 1 22025 0 5422
DELPHI AUTO SYSTEMS 247126105 2 250 SH SOLE 1 250 0 0
DELTA & PINE LD CO COM 247357106 11 509 SH SOLE 1 509 0 0
DELTIC TIMBER INC 247850100 242 6324 SH SOLE 1 6324 0 0
DELTIC TIMBER INC 247850100 24779 645471 SH DEFINED 1 242423 403048 0
DELUXE CORP 248019101 11 265 SH SOLE 1 0 0 265
DEVON ENERGY CORP NEW COM 25179M103 5 82 SH SOLE 1 82 0 0
DIAGEO P L C SPON 25243Q205 4 75 SH SOLE 1 75 0 0
ADR
NEW
DIAMONDCLUSTER INTL INC 25278P106 1 200 SH SOLE 1 200 0 0
COM
DIAMONDS 252787106 10 105 SH SOLE 1 105 0 0
DIGENE CORP 253752109 3 105 SH SOLE 1 0 0 105
WALT DISNEY CO 254687106 399 15665 SH SOLE 1 10705 0 4960
DOMINION RES INC VA NEW 25746U109 1 25 SH SOLE 1 25 0 0
DOW CHEMICAL CO 260543103 85 2100 SH SOLE 1 2100 0 0
DOW CHEMICAL CO 260543103 19 483 SH DEFINED 1 483 0 0
DREYFUS STRATEGIC 261932107 16 2086 SOLE 1 2086 0 0
MUNICIPALS INC
DREYFUS MUNICIPAL INCOME 26201R102 16 1832 SOLE 1 1832 0 0
INC
DU PONT EI D NEMOURS & CO 263534109 232 5240 SH SOLE 1 3490 0 1750
DUKE ENERGY CORP COM 264399106 63 3114 SH SOLE 1 3114 0 0
DUKE REALTY CORP 264411505 10 345 SH SOLE 1 0 0 345
EGL INC 268484102 4 165 SH SOLE 1 0 0 165
E-LOAN INC 26861P107 2 1000 SH SOLE 1 1000 0 0
EMC CORP 268648102 51 4500 SH SOLE 1 4150 350 0
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
EMC CORP 268648102 43 3800 SH DEFINED 1 3800 0 0
ENI S P A SPONSORED ADR 26874R108 11 115 SH SOLE 1 0 0 115
E TRADE FINANCIAL CORP 269246104 50 4500 SH SOLE 1 4500 0 0
EASTGROUP PROPERTIES INC 277276101 21 625 SH SOLE 1 625 0 0
EASTMAN KODAK CO 277461109 26 1000 SH SOLE 1 1000 0 0
EATON CORP COM 278058102 461 7135 SH SOLE 1 3070 0 4065
EBAY INC 278642103 30 331 SH SOLE 1 233 0 98
ECHOSTAR COMMUN 278762109 12 400 SH SOLE 1 400 0 0
EDWARDS LIFESCIENCES CORP 28176E108 8 240 SH SOLE 1 240 0 0
EL PASO CORPORATION 28336L109 1 166 SH SOLE 1 166 0 0
ELAN CORP PLC ADR 284131208 2 100 SH SOLE 1 100 0 0
ELECTRONIC DATA SYS CORP 285661104 5 280 SH SOLE 1 280 0 0
NEW
EMERSON ELECTRIC CO 291011104 120 1900 SH SOLE 1 1900 0 0
EMULEX NETWORK SYSTEMS 292475209 2 145 SH SOLE 1 0 0 145
ENCORE WIRE CORP COM 292562105 587 21300 SH SOLE 1 900 0 20400
ENTERASYS NETWORKS INC 293637104 0 200 SH SOLE 1 200 0 0
ENTERGY CORP 29364G103 272 4866 SH SOLE 1 1866 0 3000
ENTERGY CORP 29364G103 33 593 SH DEFINED 1 593 0 0
EQUITY INNS, INC 294703103 13 1500 SH DEFINED 1 1500 0 0
EQUITY RESIDENTIAL PPTYS 29476L107 12 436 SH SOLE 1 436 0 0
SBI
ESTERLINE TECHNOLOGIES 297425100 9 310 SH SOLE 1 185 0 125
CORP
EXXON MOBIL CORP 30231G102 5936 133699 SH SOLE 1 128456 0 5243
EXXON MOBIL CORP 30231G102 1182 26626 SH DEFINED 1 16426 8600 1600
FPL GROUP INC 302571104 2 41 SH SOLE 1 0 0 41
FSI INTERNATIONAL INC 302633102 2 270 SH SOLE 1 0 0 270
FAIR ISAAC & CO INC 303250104 2 80 SH SOLE 1 0 0 80
FNMA COM 313586109 92 1294 SH SOLE 1 1100 0 194
FEDERATED DEPT STORES INC 31410H101 4 95 SH SOLE 1 0 0 95
FEDEX CORPORATION 31428X106 89 1100 SH SOLE 1 1100 0 0
FILENET CORP 316869106 2 75 SH SOLE 1 0 0 75
FIRST INDL RLTY TR INC 32054K103 16 450 SH SOLE 1 450 0 0
FIRST M & F CORP 320744105 40 1293 SH SOLE 1 1293 0 0
FIRSTMERIT CORP 337915102 5 223 SH SOLE 1 132 0 91
FORD MOTOR COMPANY COMMON 345370860 31 2030 SH SOLE 1 1260 0 770
FORD MOTOR COMPANY COMMON 345370860 10 700 SH DEFINED 1 700 0 0
FOREST LABS 345838106 22 395 SH SOLE 1 266 0 129
FORRESTER RESEARCH INC 346563109 8 440 SH SOLE 1 260 0 180
40/86 STRATEGIC INCOME 349739102 8 866 SH SOLE 1 866 0 0
FUND
FUELCELL ENERGY INC COM 35952H106 2 200 SH SOLE 1 200 0 0
FULTON FINANCIAL CORP -PA 360271100 8 416 SH SOLE 1 245 0 171
GAP INC DEL COM 364760108 39 1641 SH SOLE 1 1500 0 141
GENERAL ELECTRIC CO 369604103 2326 71813 SH SOLE 1 71438 0 375
GENERAL ELECTRIC CO 369604103 285 8800 SH DEFINED 1 7600 0 1200
GENERAL MLS INC COM 370334104 15 320 SH SOLE 1 320 0 0
GEN MTR CORP 370442105 51 1095 SH SOLE 1 540 0 555
GEORGIA GULF CORP PAR 373200203 3 105 SH SOLE 1 0 0 105
GEORGIA PAC CORP 373298108 10 280 SH SOLE 1 280 0 0
GETTY IMAGES INC 374276103 6 115 SH SOLE 1 0 0 115
GILLETTE CO 375766102 351 8296 SH SOLE 1 5916 0 2380
GILLETTE CO 375766102 141 3335 SH DEFINED 1 3335 0 0
GLAXO WELLCOME PLC ADR 37733W105 46 1116 SH SOLE 1 548 0 568
SPONSORED
GOLD FIELDS LTD SPONS ADR 38059T106 1 155 SH SOLE 1 155 0 0
GOLDMAN SACHS GROUP 38141G104 30 322 SH SOLE 1 178 0 144
GOODYEAR TIRE & RUBBER 382550101 4 526 SH SOLE 1 526 0 0
GRAFTECH INTERNATIONAL INC 384313102 2 270 SH SOLE 1 0 0 270
GREAT LAKES CHEM CORP COM 390568103 48 1785 SH DEFINED 1 1785 0 0
GUIDANT CORP COM 401698105 352 6317 SH SOLE 1 4838 0 1479
GUITAR CENTER INC 402040109 6 140 SH SOLE 1 0 0 140
HCA INC. 404119109 31 765 SH SOLE 1 570 0 195
HCC INSURANCE HOLDINGS, 404132102 8 265 SH SOLE 1 155 0 110
INC
HALLIBURTON CO COM 406216101 383 12683 SH SOLE 1 8185 0 4498
HANCOCK FABRICS 409900107 20 1600 SH SOLE 1 1600 0 0
HANCOCK HLDG CO CAP VALUE 410120109 106 3650 SH SOLE 1 3650 0 0
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
CEF HANCOCK JOHN PFD 41013X106 9 400 SH SOLE 1 400 0 0
HARLEY DAVIDSON INC COM 412822108 44 716 SH SOLE 1 482 0 234
HARRIS CORP 413875105 71 1400 SH SOLE 1 1400 0 0
HARTFORD FNCL SV GRP INC 416515104 7 111 SH SOLE 1 0 0 111
COM
HARTFORD FNCL SV GRP INC 416515104 6 100 SH DEFINED 1 100 0 0
COM
HASBRO, INC 418056107 14 787 SH DEFINED 1 787 0 0
HAWAIIAN ELEC INDS INC 419870100 31 1200 SH DEFINED 1 1200 0 0
HEADWATERS INC 42210P102 8 340 SH SOLE 1 200 0 140
HEINZ H J CO COM 423074103 10 273 SH SOLE 1 273 0 0
HEWLETT PACKARD CO 428236103 689 32704 SH SOLE 1 24890 0 7814
HEWLETT PACKARD CO 428236103 8 400 SH DEFINED 1 0 0 400
HIBERNIA CORP 428656102 7300 300550 SH SOLE 1 298650 0 1900
HIBERNIA CORP 428656102 21 900 SH DEFINED 1 900 0 0
HIGH INCOME OPPORTUNITY FD 42967Q105 16 2500 SH SOLE 1 2500 0 0
HILB ROGAL & HOBBS COMPANY 431294107 6 177 SH SOLE 1 102 0 75
HOME DEPOT 437076102 803 22828 SH SOLE 1 19920 0 2908
HOME DEPOT 437076102 53 1532 SH DEFINED 1 1532 0 0
HOMESTORE INC COM 437852106 0 180 SH SOLE 1 180 0 0
HUBBELL INC CL B 443510201 46 1000 SH SOLE 1 0 0 1000
HUDSON UNITED BANCORP 444165104 2 80 SH SOLE 1 45 0 35
ING PRIME RATE TR SH BEN 44977W106 111 13907 SH SOLE 1 13907 0 0
INT
IKON OFFICE SOLUTIONS INC 451713101 6 580 SH SOLE 1 580 0 0
COM
ILLINOIS TOOL WORKS INC 452308109 18 192 SH SOLE 1 148 0 44
IMATION CORP 45245A107 10 245 SH SOLE 1 145 0 100
IMPERIAL TOBACCO PLC SPON 453142101 3 90 SH SOLE 1 90 0 0
ADR
ING GROEP N V 456837103 21 888 SH SOLE 1 562 0 326
INPUT/OUTPUT INC 457652105 10 1240 SH SOLE 1 730 0 510
INTERGRATED CIRCUIT 45811K208 4 180 SH SOLE 1 0 0 180
SYSTEMS NEW, INC
INTEGRATED DEVICE 458118106 2 150 SH SOLE 1 0 0 150
TECHNOLOGY
INTEGRATED SILICON 45812P107 4 370 SH SOLE 1 0 0 370
INTEL CORP CAP 458140100 1598 57945 SH SOLE 1 47537 0 10408
INTEL CORP CAP 458140100 104 3780 SH DEFINED 1 2980 0 800
IBM CORP 459200101 1286 14599 SH SOLE 1 10712 0 3887
IBM CORP 459200101 370 4203 SH DEFINED 1 4203 0 0
INTL PAPER CO 460146103 404 9060 SH SOLE 1 5844 0 3216
INTL PAPER CO 460146103 40 900 SH DEFINED 1 0 900 0
INVESTORS FINANCIAL 461915100 4 100 SH SOLE 1 0 0 100
SERVICE CORP
IONICS, INC 462218108 9 320 SH SOLE 1 190 0 130
ITRON INC 465741106 8 370 SH SOLE 1 220 0 150
JDS UNIPHASE CORP COM 46612J101 0 120 SH SOLE 1 120 0 0
J P MORGAN CHASE & CO 46625H100 421 10860 SH SOLE 1 7822 0 3038
J P MORGAN CHASE & CO 46625H100 58 1500 SH DEFINED 1 1500 0 0
JACOBS ENGINEERING GROUP 469814107 12 317 SH SOLE 1 197 0 120
INC
JEFFERSON PILOT 475070108 10 215 SH SOLE 1 0 0 215
CORPORATION
JOHNSON & JOHNSON 478160104 2052 36856 SH SOLE 1 34972 0 1884
JOHNSON & JOHNSON 478160104 472 8475 SH DEFINED 1 4800 1200 2475
JOHNSON CONTROLS INC 478366107 347 6518 SH SOLE 1 4275 0 2243
JONES APPAREL GROUP INC 480074103 5 145 SH SOLE 1 145 0 0
KFX INC 48245L107 1 245 SH SOLE 1 145 0 100
KLA TENCOR CORP 482480100 4 100 SH SOLE 1 100 0 0
KERR-MCGEE CORPORATION INC 492386107 11 220 SH SOLE 1 0 0 220
KEYCORP NEW 493267108 22 745 SH SOLE 1 0 0 745
KEYSPAN CORP COM 49337W100 10 285 SH SOLE 1 0 0 285
KIMBERLY-CLARK CORP 494368103 29 455 SH SOLE 1 290 0 165
KIMBERLY-CLARK CORP 494368103 16 250 SH DEFINED 1 250 0 0
KINDER MORGAN ENERGY 494550106 9 232 SH SOLE 1 232 0 0
PARTNERS, L.P
KONINKLIJKE PHLPS ELECTRS N V SP 500472303 6 242 SH SOLE 1 95 0 147
ADR
NEW
KROGER CO 501044101 209 11525 SH SOLE 1 7180 0 4345
KYOCERA CORP 501556203 4 52 SH SOLE 1 52 0 0
LSI LOGIC CORP COM 502161102 3 400 SH SOLE 1 400 0 0
LADENBURG THALMANN FINL 50575Q102 0 42 SH SOLE 1 42 0 0
SVCS INC
LAFARGE SPONSORED ADR 505861401 4 215 SH SOLE 1 215 0 0
ESTEE LAUDER CO 518439104 29 600 SH DEFINED 1 600 0 0
LEHMAN BROTHERS HOLDINGS 524908100 311 4140 SH SOLE 1 2790 0 1350
COM
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
LEVEL 3 COMMUNICATIONS INC 52729N100 21 6037 SH SOLE 1 6037 0 0
LEXMARK INTL NEW CL A 529771107 557 5772 SH SOLE 1 3593 0 2179
THE LIBERTY CORPORATION 530370105 89 1900 SH SOLE 1 1900 0 0
ELI LILLY & CO 532457108 598 8565 SH SOLE 1 7090 0 1475
ELI LILLY & CO 532457108 104 1500 SH DEFINED 1 1500 0 0
LIMITED BRANDS, INC 532716107 26 1425 SH SOLE 1 515 0 910
LINCOLN ELECTRIC CO 533900106 2 65 SH SOLE 1 0 0 65
HOLDINGS
LINCOLN NATIONAL CORP IND 534187109 16 344 SH SOLE 1 0 0 344
LIONBRIDGE TECHNOLOGIES 536252109 3 405 SH SOLE 1 0 0 405
INC
LOCKHEED MARTIN CORP 539830109 5 100 SH SOLE 1 100 0 0
LOWES CO INC 548661107 231 4400 SH SOLE 1 4400 0 0
LUCENT TECHNOLOGIES 549463107 61 16304 SH SOLE 1 15204 0 1100
LUCENT TECHNOLOGIES 549463107 6 1780 SH DEFINED 1 1000 780 0
M & T BANK CORP 55261F104 174 2000 SH SOLE 1 2000 0 0
MBNA CORP 55262L100 3 146 SH SOLE 1 0 0 146
MFS INTER INCOME TR SH BEN INT 55273C107 6 1000 SH SOLE 1 1000 0 0
MI DEVS INC 55304X104 6 250 SH SOLE 1 250 0 0
MSC INDL DIRECT CO A 553530106 5 170 SH SOLE 1 0 0 170
MAGELLAN MIDSTREAM 559080106 10 200 SH SOLE 1 200 0 0
PARTNERS LP
MANDALAY RESORT GROUP COM 562567107 5 75 SH SOLE 1 75 0 0
MANULIFE FINANCIAL CORP 56501R106 1503 37131 SH SOLE 1 37131 0 0
MARATHON OIL CORP 565849106 12 325 SH SOLE 1 0 0 325
MARINEMAX INC 567908108 2 75 SH SOLE 1 0 0 75
MARVEL ENTERPRISES, INC 57383M108 8 427 SH SOLE 1 0 0 427
MASCO CORPORATION 574599106 249 8016 SH SOLE 1 4920 0 3096
MATTELL INC 577081102 14 821 SH SOLE 1 509 0 312
MAXIM INTEGRATED PRODUCTS 57772K101 26 513 SH SOLE 1 356 0 157
INC
MAY DEPARTMENT STORES CO 577778103 10 375 SH SOLE 1 0 0 375
MAVERICK TUBE CORP 577914104 4 165 SH SOLE 1 0 0 165
MCDATA CORP CLASS A 580031201 0 73 SH DEFINED 1 73 0 0
MCDONALD'S CORP 580135101 382 14697 SH SOLE 1 10342 0 4355
MCKESSON CORP 58155Q103 265 7750 SH SOLE 1 4905 0 2845
MEADWESTVACO CORP 583334107 45 1547 SH SOLE 1 1547 0 0
MEDCO HEALTH SOLUTIONS INC 58405U102 25 687 SH SOLE 1 553 0 134
MEDICINES COMPANY 584688105 5 175 SH SOLE 1 0 0 175
MEDIMMUNE INC COM 584699102 298 12755 SH SOLE 1 8085 0 4670
MEDTRONIC INC COM 585055106 17 360 SH SOLE 1 360 0 0
MELLON FINL CORP 58551A108 23 800 SH SOLE 1 800 0 0
MERCK & CO INC 589331107 1329 27980 SH SOLE 1 24690 0 3290
MERCK & CO INC 589331107 54 1150 SH DEFINED 1 1150 0 0
MERISTAR HOSPITALITY CORP 58984Y103 5 845 SH SOLE 1 500 0 345
MERRILL LYNCH & CO, INC 590188108 17 320 SH SOLE 1 320 0 0
METLIFE INC COM 59156R108 92 2580 SH SOLE 1 2580 0 0
MICROSOFT CORP 594918104 792 27760 SH SOLE 1 26434 0 1326
MICROSOFT CORP 594918104 22 800 SH DEFINED 1 0 0 800
MICROSTRATEGY INC CLASS A 594972408 3 75 SH SOLE 1 0 0 75
MID-AMERICA APARTMENT 59522J103 37 1000 SH DEFINED 1 1000 0 0
CMNTYS
MIDAS GROUP INC 595626102 11 666 SH SOLE 1 666 0 0
MILLER HERMAN INC COM 600544100 38 1345 SH SOLE 1 1285 0 60
MINDSPEED TECNOLOGIES 602682106 0 58 SH SOLE 1 58 0 0
MITSUBISHI TOKYO FNCL 606816106 4 475 SH SOLE 1 475 0 0
GROUP INC SPND ADR
MONSANTO CO. (NEW) 61166W101 7 187 SH SOLE 1 187 0 0
MOODYS CORP 615369105 46 725 SH SOLE 1 602 0 123
MORGAN STANLEY DEAN 617446448 440 8357 SH SOLE 1 6588 0 1769
WITTER DISCOVER & CO
MORGAN STANLEY DEAN 617446448 13 260 SH DEFINED 1 260 0 0
WITTER DISCOVER & CO
MOTOROLA INC 620076109 150 8268 SH SOLE 1 7428 0 840
MOTOROLA INC 620076109 10 600 SH DEFINED 1 300 0 300
MUNICIPAL MORTGAGE & SH 62624B101 93 4000 SH SOLE 1 4000 0 0
EQUITY LLC - GROWTH
MUNIVEST FD INC COM 626295109 43 5000 SOLE 1 5000 0 0
MURPHY OIL CORP COM 626717102 5315 72123 SH SOLE 1 72123 0 0
MURPHY OIL CORP COM 626717102 342727 4650306 SH DEFINED 1 2068366 2581940 0
MYLAN LABORATORIES INC 628530107 38 1908 SH SOLE 1 1908 0 0
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
NBC CAP CORP 628729105 143 5333 SH SOLE 1 5333 0 0
NIC INC 62914B100 2 400 SH SOLE 1 0 0 400
NASDAQ 100 TRUST 631100104 7 200 SH SOLE 1 200 0 0
NATIONAL COMM FINL CORP 63545P104 84 2600 SH SOLE 1 2600 0 0
NEIGHBORCARE INC 64015Y104 5 190 SH SOLE 1 0 0 190
NEW VY CORP COM 649080504 0 44 SH SOLE 1 44 0 0
NEWPORT INC 651824104 3 215 SH SOLE 1 0 0 215
NEWS CORP LTD ADR 652487703 3 100 SH SOLE 1 0 0 100
NIKE INC CLASS B 654106103 53 700 SH SOLE 1 700 0 0
NIPPON TEL & TEL SPON ADR 654624105 4 155 SH SOLE 1 155 0 0
NOKIA CORP SPND ADR 654902204 21 1500 SH SOLE 1 1500 0 0
NOBLE ENERGY INC 655044105 51 1000 SH SOLE 1 1000 0 0
NOMURA HOLDINGS INC ADR 65535H208 4 270 SH SOLE 1 270 0 0
NORFOLK SO CORP 655844108 38 1434 SH SOLE 1 1434 0 0
NORTEL NETWORK CORP NEW 656568102 29 6000 SH SOLE 1 6000 0 0
NORTHEAST UTILITIES COM 664397106 3 200 SH SOLE 1 200 0 0
NORTHERN TRUST COMPANY NTRS 665859104 75 1780 SH SOLE 1 1780 0 0
NORTHERN TRUST COMPANY NTRS 665859104 152 3600 SH DEFINED 1 3600 0 0
NORTHRUP GRUMMAN 666807102 3 66 SH SOLE 1 0 0 66
NOVARTIS AG SPONSORED ADR 66987V109 1 30 SH SOLE 1 30 0 0
NOVEN PHARMACEUTICALS 670009109 4 215 SH SOLE 1 0 0 215
NUVEEN INSD PREMIUM MUNI 6706D8104 4 338 SOLE 1 338 0 0
INCOME FD
OKLAHOMA GAS & ELEC ENERGY CORP 670837103 25 1000 SH SOLE 1 1000 0 0
NUVEEN QUALITY INCOME MUNI 670977107 6 500 SH SOLE 1 500 0 0
NUVEEN PREMIER MUNICIPAL 670988104 21 1565 SH SOLE 1 1565 0 0
INC
OSI PHARMACEUTICALSINC COM 671040103 0 5 SH SOLE 1 5 0 0
OCCIDENTAL PETE COR DEL 674599105 35 735 SH SOLE 1 500 0 235
OCWEN FINANCIAL CORP 675746101 9 791 SH SOLE 1 467 0 324
OHIO CASUALTY CORP 677240103 7 385 SH SOLE 1 225 0 160
OLIN CORP 680665205 2 166 SH DEFINED 1 166 0 0
OMNICOM GROUP 681919106 15 200 SH SOLE 1 200 0 0
OMNIVISION TECHNOLOGIES 682128103 2 140 SH SOLE 1 0 0 140
ORACLE SYSTEMS CORP 68389X105 172 14445 SH SOLE 1 9320 0 5125
PPG INDUSTRIES INC 693506107 41 659 SH SOLE 1 600 0 59
PACIFIC CAPITAL BANCORP 69404P101 4 174 SH SOLE 1 101 0 73
PACTIV COPR 695257105 42 1720 SH SOLE 1 1412 0 308
PARKWAY PROPERTIES INC 70159Q104 13 312 SH SOLE 1 312 0 0
PATTERSON UTI ENERGY INC 703481101 3 105 SH SOLE 1 0 0 105
PAYCHEX INC 704326107 5 150 SH SOLE 1 150 0 0
PCCW LTD SONSORED ADR 70454G207 3 494 SH DEFINED 1 494 0 0
PENTAIR INC 709631105 11 350 SH SOLE 1 210 0 140
PEOPLES ENERGY CORP COM 711030106 21 500 SH DEFINED 1 500 0 0
PEOPLES HLDG CO COM 711148106 44 1300 SH SOLE 1 1300 0 0
PEPSIAMERICAS INC 71343P200 84 4000 SH SOLE 1 4000 0 0
PEPSICO INC COM 713448108 1570 29141 SH SOLE 1 28876 0 265
PEPSICO INC COM 713448108 114 2130 SH DEFINED 1 430 1100 600
PETSMART INC 716768106 9 305 SH SOLE 1 0 0 305
PFIZER INC 717081103 1496 43657 SH SOLE 1 42941 0 716
PFIZER INC 717081103 185 5417 SH DEFINED 1 3817 700 900
THE PHOENIX COMPANIES 71902E109 12 1051 SH SOLE 1 1051 0 0
PINNACLE WEST CAP CORP 723484101 365 9045 SH SOLE 1 5710 0 3335
PITNEY BOWES INC COM 724479100 13 295 SH SOLE 1 185 0 110
PLACER DOME INC 725906101 2 170 SH SOLE 1 170 0 0
PLUM CREEK TIMBER CO INC 729251108 236 7272 SH SOLE 1 7272 0 0
PORTFOLIO RECOVERY 73640Q105 2 95 SH SOLE 1 0 0 95
ASSOCIATES INC
POTLATCH CORP COM 737628107 6 150 SH SOLE 1 150 0 0
POWER TECHNOLOGIES 739363109 8 1140 SH SOLE 1 665 0 475
PRAXAIR INC COM 74005P104 23 600 SH DEFINED 1 600 0 0
PRINCIPAL FINANCIAL GROUP 74251V102 42 1221 SH SOLE 1 1221 0 0
PROCTER & GAMBLE CO COM 742718109 1480 27202 SH SOLE 1 24432 0 2770
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
PROCTER & GAMBLE CO COM 742718109 326 6000 SH DEFINED 1 6000 0 0
PROGRESS ENERGY INC COM 743263105 5 132 SH SOLE 1 132 0 0
PRUDENTIAL FINANCIAL 744320102 175 3773 SH SOLE 1 3773 0 0
PUBLIC SVC ENTERPRISE 744573106 4 110 SH SOLE 1 0 0 110
GROUP INC
PUTNAM MANAGED MUNICIPAL 746823103 3 500 DEFINED 1 0 0 500
INCOME TRUST
PUTNAM MASTER INTER INC R 746909100 7 1150 SH SOLE 1 1150 0 0
QLOGIC CORP COM 747277101 27 1053 SH SOLE 1 1053 0 0
QUALCOMM INC 747525103 10 150 SH SOLE 1 150 0 0
QWEST COMMUNICATIONS INTL 749121109 3 946 SH SOLE 1 946 0 0
INC COM
QWEST COMMUNICATIONS INTL 749121109 1 401 SH DEFINED 1 0 401 0
INC COM
CEF RMK HIGH INCOME FUND 74963B105 16 1008 SH SOLE 1 1008 0 0
RADISYS CORP 750459109 3 185 SH SOLE 1 0 0 185
RAYOVAC CORP 755081106 8 320 SH SOLE 1 190 0 130
RAYTHEON CO NEW 755111507 240 6734 SH SOLE 1 4520 0 2214
REGIONS FNCL CORP 758940100 570 15600 SH SOLE 1 14400 0 1200
REGIONS FNCL CORP 758940100 65 1786 SH DEFINED 1 0 1786 0
RELIANT ENERGY INC 75952B105 4 394 SH SOLE 1 0 0 394
RELIANT ENERGY INC 75952B105 40 3734 SH DEFINED 1 0 0 0
REMINGTON OIL & GAS CORP 759594302 18 800 SH SOLE 1 800 0 0
COM
REYNOLDS R J TOB HLDGS INC 76182K105 12 185 SH SOLE 1 0 0 185
ROCKWELL AUTOMATION, INC 773903109 6 177 SH SOLE 1 177 0 0
ROCKWELL COLLINS INC 774341101 5 177 SH SOLE 1 177 0 0
ROGERS CORP 775133101 4 65 SH SOLE 1 0 0 65
ROWAN COMPANIES INC 779382100 12 510 SH SOLE 1 300 0 210
ROXIE INC 780008108 0 65 SH SOLE 1 65 0 0
ROYAL DUTCH PETE CO NY 780257804 115 2238 SH SOLE 1 2238 0 0
REG GLD1.25
ROYAL DUTCH PETE CO NY 780257804 211 4096 SH DEFINED 1 4096 0 0
REG GLD1.25
RUBY TUESDAY INC 781182100 29 1060 SH DEFINED 1 0 0 1060
SBC COMMUNICATIONS, INC 78387G103 726 29962 SH SOLE 1 25038 0 4924
SBC COMMUNICATIONS, INC 78387G103 64 2677 SH DEFINED 1 780 1897 0
STANDARD & POORS DEP 78462F103 10 95 SH SOLE 1 95 0 0
RECEIPTS
ST PAUL TRAVELERS CO.'S 792860108 55 1359 SH SOLE 1 902 0 457
INC
SANMINA CORP 800907107 2 306 SH SOLE 1 306 0 0
SARA LEE CORP COM 803111103 77 3369 SH SOLE 1 3153 0 216
SCANA CORP NEW 80589M102 8 222 SH SOLE 1 222 0 0
SCHERING PLOUGH CORP COM 806605101 459 24859 SH SOLE 1 22114 0 2745
SCHLUMBERGER LTD COM 806857108 73 1160 SH SOLE 1 1160 0 0
SCRIPPS EW INC NEW CL A 811054204 31 300 SH SOLE 1 300 0 0
SEARS ROEBUCK & CO COM 812387108 82 2190 SH SOLE 1 1900 0 290
SEARS ROEBUCK & CO COM 812387108 6 167 SH DEFINED 1 167 0 0
SELECT COMFORT CORP 81616X103 4 155 SH SOLE 1 0 0 155
SELECT MEDICAL CORP 816196109 3 290 SH SOLE 1 0 0 290
SELIGMAN SELECT MUN FD INC 816344105 12 1250 SH SOLE 1 1250 0 0
SEMTECH CORP 816850101 3 150 SH SOLE 1 0 0 150
SEMPRA ENERGY COM 816851109 12 365 SH SOLE 1 0 0 365
SEROLOGICALS CORP 817523103 6 305 SH SOLE 1 180 0 125
SERVICEMASTER COMPANY COM 81760N109 93 7593 SH SOLE 1 7593 0 0
SHELL TRANS & TRADING PLC NEW 822703609 80 1800 SH DEFINED 1 1800 0 0
YRK SH
NEW
SHERWIN WILLIAMS CO COM 824348106 22 550 SH SOLE 1 550 0 0
SIEMENS AG SPONS ADR 826197501 3 55 SH SOLE 1 55 0 0
SIERRA HEALTH SERVICES INC 826322109 2 50 SH SOLE 1 0 0 50
SIERRA PAC RES NEW COM 826428104 1 250 SH SOLE 1 250 0 0
SIMMONS 1ST NATL CORP CL A $5 828730200 343 13200 SH SOLE 1 13200 0 0
PAR
SIMMONS 1ST NATL CORP CL A $5 828730200 13 500 SH DEFINED 1 500 0 0
PAR
SIRIUS SATTELITE RADIO 82966U103 30 10000 SH SOLE 1 10000 0 0
SKYWEST INC 830879102 3 215 SH SOLE 1 0 0 215
SKYWORKS SOLUTIONS 83088M102 0 61 SH SOLE 1 61 0 0
SMITHFIELD FOODS INC DE 832248108 12 439 SH SOLE 1 272 0 167
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
SMUCKER J M CO 832696405 0 7 SH SOLE 1 7 0 0
SMUCKER J M CO 832696405 1 32 SH DEFINED 1 32 0 0
SMURFIT-STONE CONTAINER 832727101 9 495 SH SOLE 1 495 0 0
CORP
SNAP ON INC 833034101 8 240 SH SOLE 1 145 0 95
SOLUTIA INC COM 834376105 0 500 SH SOLE 1 500 0 0
SONIC WALL INC 835470105 11 1315 SH SOLE 1 775 0 540
SONY CORP 835699307 38 1000 SH DEFINED 1 1000 0 0
SOUTHERN CO COM 842587107 355 12208 SH SOLE 1 12208 0 0
SOUTHERN CO COM 842587107 128 4426 SH DEFINED 1 4426 0 0
SOUTHWEST AIRLS CO COM 844741108 8 505 SH SOLE 1 505 0 0
SOUTHWEST BANCORPATION 84476R109 3 85 SH SOLE 1 0 0 85
SPINNAKER EXPLORATION CO 84855W109 10 265 SH SOLE 1 155 0 110
SPORTS AUTHORITY INC 84917U109 1 30 SH SOLE 1 18 0 12
SPRINT CORP COM 852061100 1005 57168 SH SOLE 1 56725 0 443
FON
GROUP
STANCORP FINANCIAL GROUP 852891100 5 85 SH SOLE 1 50 0 35
STANLEY WORKS 854616109 13 290 SH SOLE 1 0 0 290
STARBUCKS CORP 855244109 45 1039 SH SOLE 1 744 0 295
STEWART ENTERPRISES 860370105 32 4000 SH SOLE 1 4000 0 0
STONE ENERGY CORP 861642106 7 165 SH SOLE 1 95 0 70
SUN LIFE FINANCIAL 866796105 273 9467 SH SOLE 1 9467 0 0
SUN MICROSYSTEMS 866810104 5 1200 SH SOLE 1 1200 0 0
SUNGARD DATA SYSTEMS 867363103 3 148 SH SOLE 1 0 0 148
SUNOCO INC 86764P109 23 375 SH SOLE 1 375 0 0
SUNTRUST BANKS INC COM 867914103 54 843 SH SOLE 1 843 0 0
SUPPORTSOFT INC 868587106 2 255 SH SOLE 1 0 0 255
SYMBION INC 871507109 1 100 SH SOLE 1 0 0 100
SYNGENTA AG 87160A100 3 180 SH SOLE 1 180 0 0
SYNOVUS FINL CORP 87161C105 28 1125 SH SOLE 1 1125 0 0
TDC A/S SPONSORED ADR 87236N102 1 115 SH SOLE 1 115 0 0
TECO ENERGY INC COM 872375100 2 200 SH SOLE 1 200 0 0
TEPPCO PARTNERS LP 872384102 7 270 SH SOLE 1 270 0 0
TTM TECHNOLOGIES 87305R109 2 205 SH SOLE 1 0 0 205
TXU CORP 873168108 60 1500 SH SOLE 1 0 0 1500
TALBOTS, INC 874161102 6 170 SH SOLE 1 100 0 70
TALK AMERICA HOLDING 87426R202 6 805 SH SOLE 1 475 0 330
INC-NEW
TARGET CORP 87612E106 380 8965 SH SOLE 1 6405 0 2560
TARGET CORP 87612E106 16 400 SH DEFINED 1 400 0 0
TELEFONICA SA SPONSORED 879382208 2 52 SH SOLE 1 52 0 0
ADR
TELLABS INC DELAWARE 879664100 3 400 SH SOLE 1 400 0 0
TELLABS INC DELAWARE 879664100 1 200 SH DEFINED 1 200 0 0
TEVA PHARMACEUTICAL IND ADR'S 881624209 24 365 SH SOLE 1 249 0 116
TEXAS GENCO HOLDINGS INC. 882443104 1 25 SH SOLE 1 0 0 25
TEXAS GENCO HOLDINGS INC. 882443104 10 236 SH DEFINED 1 236 0 0
TEXAS INSTRUMENTS 882508104 34 1424 SH SOLE 1 1424 0 0
TEXTRON INCORPORATED COMM 883203101 444 7497 SH SOLE 1 4665 0 2832
THORNBURG MORTGAGE INC 885218107 8 300 SH SOLE 1 300 0 0
3M CO 88579Y101 245 2732 SH SOLE 1 1732 0 1000
TIFFANY & CO NEW 886547108 81 2200 SH SOLE 1 2200 0 0
TIME WARNER INC 887317105 529 30152 SH SOLE 1 29610 0 542
TOTAL FINA ELF S.A. ADR 89151E109 3 40 SH SOLE 1 40 0 0
TOYOTA MOTOR CORP ADR NEW 892331307 4 60 SH SOLE 1 60 0 0
TRIAD HOSPS INC 89579K109 6 175 SH SOLE 1 105 0 70
TRIBUNE COMPANY 896047107 54 1200 SH SOLE 1 1200 0 0
TRUSTMARK CORP COM 898402102 587 20336 SH SOLE 1 20336 0 0
TYCO INTL LTD NEW COM 902124106 18 547 SH SOLE 1 350 0 197
TYSON FOODS INC CL A 902494103 25 1220 SH SOLE 1 470 0 750
TYSON FOODS INC CL A 902494103 31 1500 SH DEFINED 1 1500 0 0
UCBH HOLDINGS INC 90262T308 4 105 SH SOLE 1 0 0 105
USA TRUCK INC - RESTRICTED 902925106 743 61498 SH SOLE 1 61498 0 0
US BANCORP DEL NEW 902973304 17 644 SH SOLE 1 288 0 356
ULTRA PETROLEUM CORP-CAD 903914109 9 255 SH SOLE 1 0 0 255
ULTRATECH STEPPER INC 904034105 7 490 SH SOLE 1 240 0 250
UNIFI INC 904677101 1 614 SH SOLE 1 360 0 254
UNILEVER NV NY NEW 904784709 3 54 SH SOLE 1 54 0 0
UNION PACIFIC CORP 907818108 23 400 SH SOLE 1 350 0 50
UNION PACIFIC CORP 907818108 225 3800 SH DEFINED 1 0 3800 0
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
UNION PLANTERS CORP 908068109 1178 39542 SH SOLE 1 38797 0 745
UNITED STATIONERS INC 913004107 5 140 SH SOLE 1 80 0 60
UNITED THERA PEUTICS CORP 91307C102 3 145 SH SOLE 1 0 0 145
UNOCAL CORP COM 915289102 6 165 SH SOLE 1 165 0 0
UNUMPROVIDENT CORP 91529Y106 12 770 SH SOLE 1 0 0 770
VF CORPORATION 918204108 24 505 SH SOLE 1 0 0 505
VALASSIS COMMUNICATIONS 918866104 8 280 SH SOLE 1 165 0 115
INC
VARIAN MEDICAL SYSTEMS 92220P105 21 272 SH SOLE 1 191 0 81
VENTAS INC COM 92276F100 3 140 SH SOLE 1 140 0 0
VERIZON COMMUNICATIONS 92343V104 848 23450 SH SOLE 1 16460 0 6990
VERIZON COMMUNICATIONS 92343V104 116 3217 SH DEFINED 1 2419 798 0
VIAD CORP 92552R109 9 348 SH SOLE 1 348 0 0
VIACOM INC CL B 925524308 120 3380 SH SOLE 1 2959 0 421
VIACOM INC CL B 925524308 11 325 SH DEFINED 1 325 0 0
VISTEON CORP 92839U107 0 75 SH SOLE 1 75 0 0
VODAFONE GROUP PLC NEW 92857W100 81 3704 SH SOLE 1 3704 0 0
VODAFONE GROUP PLC NEW 92857W100 12 565 SH DEFINED 1 0 565 0
W.P.CAREY & CO., LLC 92930Y107 73 2474 SH SOLE 1 2474 0 0
WABASH NATL CORP 929566107 3 120 SH SOLE 1 0 0 120
WACHOVIA CORP 2ND NEW 929903102 688 15468 SH SOLE 1 13284 0 2184
WACHOVIA CORP 2ND NEW 929903102 22 500 SH DEFINED 1 500 0 0
WAL MART STORES INC COM 931142103 2407 45642 SH SOLE 1 40972 0 4670
WAL MART STORES INC COM 931142103 223 4236 SH DEFINED 1 1236 3000 0
WALGREEN CO COM 931422109 89 2475 SH SOLE 1 2274 0 201
WASHINGTON MUTUAL INC 939322103 20 520 SH SOLE 1 0 0 520
WASTE CONNECTIONS INC 941053100 3 105 SH SOLE 1 0 0 105
WASTE MANAGEMENT INC NEW 94106L109 173 5653 SH SOLE 1 2855 0 2798
WASTE MANAGEMENT INC NEW 94106L109 0 1 SH DEFINED 1 0 0 1
WATSON WYATT & CO HLDGS 942712100 9 355 SH SOLE 1 210 0 145
CLASS A
WEINGARTEN RLTY INVS SH BEN 948741103 70 2250 SH SOLE 1 2250 0 0
INT
WELLS FARGO & CO. NEW 949746101 169 2961 SH SOLE 1 2700 0 261
WELLS FARGO & CO. NEW 949746101 11 200 SH DEFINED 1 200 0 0
WEST MARINE INC 954235107 5 215 SH SOLE 1 0 0 215
WESTAR ENERGY INC 95709T100 3 200 SH SOLE 1 200 0 0
WESTELL TECHNOLOGIES INC 957541105 2 465 SH SOLE 1 0 0 465
CL A
WET SEAL INC CLASS A 961840105 2 390 SH SOLE 1 230 0 160
WEYERHAEUSER CO COM 962166104 31 500 SH SOLE 1 0 0 500
WHIRLPOOL CORP 963320106 10 160 SH SOLE 1 0 0 160
WHITNEY HOLDING CORP 966612103 122 2750 SH SOLE 1 2750 0 0
COMMON
WILD OATS MKTS INC 96808B107 10 774 SH SOLE 1 455 0 319
WISCONSIN ENERGY CORP 976657106 6 190 SH SOLE 1 190 0 0
WRIGHT MEDICAL GROUP 98235T107 4 120 SH SOLE 1 0 0 120
WYETH 983024100 452 12505 SH SOLE 1 8850 0 3655
WYETH 983024100 10 300 SH DEFINED 1 300 0 0
XM SATELLITE 983759101 682 25000 SH SOLE 1 25000 0 0
XCEL ENERGY INC 98389B100 2 154 SH SOLE 1 154 0 0
XCEL ENERGY INC 98389B100 15 928 SH DEFINED 1 928 0 0
XILINX INC 983919101 3 100 SH SOLE 1 100 0 0
YANKEE CANDLE CO INC 984757104 8 300 SH SOLE 1 175 0 125
YUM BRANDS INC 988498101 108 2906 SH SOLE 1 2906 0 0
ZIMMER HLDGS INC 98956P102 40 462 SH SOLE 1 328 0 134
ZOLL MEDICAL CORP 989922109 8 230 SH SOLE 1 135 0 95
AMDOCS LIMITED G02602103 8 325 SH SOLE 0 0 325
FLEXTRONICS INTL INC Y2573F102 19 1200 SH SOLE 0 0 1200
AMR CORP DEL 001765106 6 500 SH SOLE 0 0 500
AT&T CORP NEW 001957505 9 600 SH SOLE 0 0 600
ABBOTT LABORATORIES 002824100 12 300 SH SOLE 0 0 300
ALLIANCE CAP MGMT 01855A101 17 500 SH SOLE 0 0 500
ALLIANT TECHSYSTEMS 018804104 13 210 SH SOLE 0 0 210
ALLSTATE CORP 020002101 7 150 SH SOLE 0 0 150
ALLTEL CORP NEW 020039103 11 225 SH SOLE 0 0 225
AMER INTL GROUP INC 026874107 5 67 SH SOLE 0 0 67
AMGEN INC 031162100 46 835 SH SOLE 0 0 835
AMSOUTH BANCORP 032165102 350 13724 SH SOLE 0 0 13724
ANALOG DEVICES INC 032654105 5 100 SH SOLE 0 0 100
AUTOMATIC DATA 053015103 4 100 SH SOLE 0 0 100
AVAYA INC 053499109 16 1000 SH SOLE 0 0 1000
BANCORPSOUTH INC 059692103 279 12373 SH SOLE 0 0 12373
TITLE VOTING AUTHORITY
OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ------
BANK OF AMERICA 060505104 13 150 SH SOLE 0 0 150
BERKSHIRE HATHAWAY INC DEL CL 084670207 30 10 SH SOLE 0 0 10
B
BEST BUY INC 086516101 15 300 SH SOLE 0 0 300
BOMBAY COMPANY INC 097924104 1 200 SH SOLE 0 0 200
BOSTON SCIENTIFIC 101137107 10 240 SH SOLE 0 0 240
CAREMARK RX INC 141705103 16 500 SH SOLE 0 0 500
CISCO SYS INC 17275R102 59 2500 SH SOLE 0 0 2500
CITIGROUP INC 172967101 146 3150 SH SOLE 0 0 3150
COCA COLA CO 191216100 61 1200 SH SOLE 0 0 1200
DELUXE CORP 248019101 11 250 SH SOLE 0 0 250
DOW CHEMICAL CO 260543103 22 550 SH SOLE 0 0 550
E M C CORP MASS 268648102 17 1500 SH SOLE 0 0 1500
EMULEX CORP COM NEW 292475209 14 1000 SH SOLE 0 0 1000
EXXON MOBIL CORP 30231G102 73 1650 SH SOLE 0 0 1650
GAP INC DEL 364760108 10 400 SH SOLE 0 0 400
GENERAL DYNAMICS CRP 369550108 11 110 SH SOLE 0 0 110
GENERAL ELECTRIC CO 369604103 267 8235 SH SOLE 0 0 8235
GENERAL MOTORS CORP 370442105 11 240 SH SOLE 0 0 240
HCA INC 404119109 12 300 SH SOLE 0 0 300
HEWLETT-PACKARD CO DE 428236103 11 540 SH SOLE 0 0 540
INTEL CORP 458140100 160 5780 SH SOLE 0 0 5780
INTL BUSINESS MACH 459200101 35 400 SH SOLE 0 0 400
JDS UNIPHASE CORP 46612J101 1 250 SH SOLE 0 0 250
JOHNSON & JOHNSON 478160104 50 900 SH SOLE 0 0 900
JUNIPER NETWORKS 48203R104 2 100 SH SOLE 0 0 100
L-3 COMMUNICATIONS 502424104 19 280 SH SOLE 0 0 280
LANDSTAR SYSTEMS INC 515098101 5 100 SH SOLE 0 0 100
LILLY ELI & CO 532457108 28 400 SH SOLE 0 0 400
LUCENT TECH INC 549463107 2 500 SH SOLE 0 0 500
MBNA CORP 55262L100 10 400 SH SOLE 0 0 400
MKS INSTRUMENTS INC 55306N104 5 200 SH SOLE 0 0 200
MERCK & CO INC 589331107 14 300 SH SOLE 0 0 300
MERISTAR HOSPITALITY 58984Y103 6 847 SH SOLE 0 0 847
MICROSOFT CORP 594918104 93 3240 SH SOLE 0 0 3240
MYLAN LABS INC 628530107 15 745 SH SOLE 0 0 745
NASDAQ 100 TR UNIT 631100104 8 220 SH SOLE 0 0 220
SER 2
NATL SEMICONDUCTOR 637640103 15 700 SH SOLE 0 0 700
NAUTILUS GROUP INC COM 63910B102 6 300 SH SOLE 0 0 300
NOKIA CORP ADR 654902204 1 100 SH SOLE 0 0 100
OPEN TEXT CORP 683715106 6 200 SH SOLE 0 0 200
PEOPLES HLDG CO 711148106 75 2158 SH SOLE 0 0 2158
PEPSICO INC 713448108 22 400 SH SOLE 0 0 400
PFIZER INC 717081103 61 1768 SH SOLE 0 0 1768
PIPER JAFFRAY COS COM 724078100 0 2 SH SOLE 0 0 2
PROCTER & GAMBLE CO 742718109 152 2790 SH SOLE 0 0 2790
QUALCOMM INC 747525103 22 300 SH SOLE 0 0 300
RF MICRO DEVICES INC 749941100 14 1900 SH SOLE 0 0 1900
S & P 500 DEPOSITORY 78462F103 86 750 SH SOLE 0 0 750
ST PAUL TRAVELERS 792860108 1 13 SH SOLE 0 0 13
SELECT SECTOR SPDR 81369Y100 102 3799 SH SOLE 0 0 3799
SECTOR SPDR TR SHS 81369Y605 395 13833 SH SOLE 0 0 13833
SMUCKER J M CO NEW 832696405 0 4 SH SOLE 0 0 4
SOUTHWEST AIRLNS CO 844741108 17 1000 SH SOLE 0 0 1000
SYSCO CORP 871829107 13 350 SH SOLE 0 0 350
TEXAS INSTRUMENTS 882508104 19 800 SH SOLE 0 0 800
TIME WARNER INC 887317105 4 200 SH SOLE 0 0 200
US BANCORP DEL 902973304 6 215 SH SOLE 0 0 215
UNION PLANTERS CORP 908068109 24 800 SH SOLE 0 0 800
WAL-MART STORES INC 931142103 7 140 SH SOLE 0 0 140
WALGREEN COMPANY 931422109 5 150 SH SOLE 0 0 150
WYETH 983024100 4 100 SH SOLE 0 0 100
ZIMMER HLDGS INC 98956P102 18 200 SH SOLE 0 0 200
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GRAND TOTALS 523818 10728082 7301020 3026676 400386
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