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, 2001
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: 372
Form 13F Information Table Value Total: $279,743
(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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
LUKS INDUSTRIAL CO G5696D102 0 800 SH DEFINED 1 800 0 0
ABBOTT LAB 002824100 1695 32715 SH SOLE 1 30115 300 2300
ABBOTT LAB 002824100 294 5688 SH DEFINED 1 200 4288 1200
GRUY PETRO MGMT WALKER
CREEKWALKER CREEK 002995363 0 1 PRN SOLE 1 1 0 0
ATLANTA EXP-CRONE 12-96 003995362 0 1 SH SOLE 1 1 0 0
AdAMS EXPRESS CO COM 006212104 144 9692 SH SOLE 1 9692 0 0
AETNA INC COM 00817Y108 5 200 SH DEFINED 1 0 0 200
ART MACHIN ASSOC 109-01 008990103 0 1 PRN SOLE 1 1 0 0
AIR PRODS & CHEMS INC COM 009158106 15 400 SH DEFINED 1 0 0 400
PETROQUEST EXPLORATION 009990102 0 1 PRN SOLE 1 1 0 0
ALLERGAN INC 018490102 13 210 SH SOLE 1 210 0 0
AEROPRES DIV #2240 018990101 0 1 PRN SOLE 1 1 0 0
ALLIED CAP CORP NEW COM 01903Q108 6 300 SH SOLE 1 300 0 0
ALLTEL CORP 020039103 331 5714 SH SOLE 1 5514 200 0
ALLTEL CORP 020039103 652 11265 SH DEFINED 1 5965 0 5300
AMERICAN ELECTRIC POWER 025537101 219 5072 SH SOLE 1 3672 0 1400
AMERICAN ELECTRIC POWER 025537101 21 498 SH DEFINED 1 318 0 180
AMER EXPRESS CO 025816109 139 4800 SH SOLE 1 4800 0 0
AMER HOME PROD CORP 026609107 326 5600 SH SOLE 1 5600 0 0
AMER HOME PROD CORP 026609107 268 4615 SH DEFINED 1 3100 0 1515
ATLANTA EXP-NEW HOPE
EXPAND 10/98 026995365 0 1 PRN SOLE 1 1 0 0
AMERICAN MUTUAL FUND INC 02768110R 28 1237 SH SOLE 1 1237 0 0
AMERICAN MUTUAL FUND INC 02768110R 198 8554 SH DEFINED 1 8554 0 0
ANADARKO PETE CORP 032511107 70 1464 SH DEFINED 1 0 1464 0
ATLANTA EXP WARECREEK LSE 036995363 0 1 PRN SOLE 1 1 0 0
APPLE COMP INC 037833100 7 505 SH SOLE 1 505 0 0
APPLE COMP INC 037833100 49 3200 SH DEFINED 1 0 3200 0
ARCHER-DANIELS-MIDLAND
COMPANY 039483102 3 279 SH SOLE 1 0 0 279
AUTO DATA PROCESS 053015103 244 5200 SH SOLE 1 4400 0 800
AUTO DATA PROCESS 053015103 150 3200 SH DEFINED 1 3200 0 0
AUTOZONE 053332102 51 1000 SH SOLE 1 1000 0 0
AUTOZONE 053332102 27 530 SH DEFINED 1 530 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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
AVENTIS SPONSORED ADR 053561106 7 98 SH SOLE 1 98 0 0
AXCELIS TECHNOLOGIES INC 054540109 20 2181 SH SOLE 1 2181 0 0
BODCAW BANK 056004997 767 853 SH SOLE 1 795 0 58
BODCAW BANK 056004997 5 6 SH DEFINED 1 6 0 0
BAKER HUGHES INC COM 057224107 3 135 SH SOLE 1 135 0 0
BANCORPSOUTH INC 059692103 13596 882876 SH SOLE 1 720256 145433 17187
BANCORPSOUTH INC 059692103 2621 170243 SH DEFINED 1 140350 2592 27301
BANKAMERICA CORP NEW COM 060505104 1259 21570 SH SOLE 1 21570 0 0
BANKAMERICA CORP NEW COM 060505104 158 2710 SH DEFINED 1 300 0 2410
BANK OF THE OZARKS, INC 063904106 517 23800 SH DEFINED 1 0 23800 0
BAXTER INTL INC 071813109 221 4030 SH SOLE 1 2030 0 2000
13 PORTERS CHAPEL ROAD RENT-SPROUSE 078995362 0 1 PRN SOLE 1 1 0 0
BELLSOUTH CORP 079860102 1775 42748 SH SOLE 1 39666 2442 640
BELLSOUTH CORP 079860102 30 732 SH DEFINED 1 732 0 0
BERKSHIRE HATHAWAY A 084670108 70 1 SH SOLE 1 1 0 0
BETHLEHEM STL CORP PFD CV $2.50 087509402 3 1100 SH SOLE 1 1100 0 0
BLACKBURN MTR NV 088995360 1447 1577 SH SOLE 1 1577 0 0
BOEING INC 097023105 242 7227 SH SOLE 1 5927 0 1300
BOEING INC 097023105 13 400 SH DEFINED 1 100 0 300
BRISTOL MYERS SQUIBB CO 110122108 1721 30990 SH SOLE 1 30990 0 0
BRISTOL MYERS SQUIBB CO 110122108 261 4700 SH DEFINED 1 4700 0 0
BULL RUN CORP GEORGIA 120182100 4 3400 SH SOLE 1 3400 0 0
BURLINGTON NORTHERN/SANTA
FE CORP 12189T104 24 930 SH SOLE 1 930 0 0
CLECO CORP COM 12561W105 12 600 SH SOLE 1 600 0 0
CITGO 0380600014 130990104 0 1 PRN SOLE 1 1 0 0
CITGO 0380600011 131990103 0 1 PRN SOLE 1 1 0 0
CITGO 03806000010 132990102 0 1 PRN SOLE 1 1 0 0
CABE LAND COMPANY AKA CABE
CATTLE CO. 133005991 1619 17672 SH SOLE 1 12586 0 5086
CAMPBELL SOUP CO COM 134429109 11 400 SH SOLE 1 0 0 400
CITGO 0380600015 134990100 0 1 PRN SOLE 1 1 0 0
CABE/LONG MANAGMENT 135000990 311 311294 SH SOLE 1 311294 0 0
CABE INVESTMENTS INC 135005999 311 311294 SH SOLE 1 311294 0 0
LION OIL 68-0366 135990109 0 1 PRN SOLE 1 1 0 0
CAPITAL ONE FINL CORP COM 14040H105 244 5315 SH SOLE 1 515 0 4800
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
CARDINAL HEALTH INC COM 14149Y108 33 447 SH SOLE 1 0 0 447
CATERPILLAR INC 149123101 472 10555 SH SOLE 1 10455 0 100
CELL PATHWAYS INC 15114R101 0 100 SH SOLE 1 100 0 0
CHEVRON CORP 166751107 1107 13073 SH SOLE 1 12073 0 1000
CHEVRON CORP 166751107 257 3043 SH DEFINED 1 2643 0 400
CHUBB CORPORATION 171232101 392 5500 SH SOLE 1 5500 0 0
COCA COLA CO 191216100 1871 39955 SH SOLE 1 32350 1000 6605
COCA COLA CO 191216100 285 6100 SH DEFINED 1 100 0 6000
COLGATE-PALMOLIVE CO 194162103 394 6773 SH SOLE 1 6773 0 0
COLGATE-PALMOLIVE CO 194162103 11 200 SH DEFINED 1 0 0 200
COMCAST 200300200 28 800 SH DEFINED 1 800 0 0
COMPAQ COMPUTER CORP 204493100 193 23315 SH SOLE 1 22615 0 700
COMPUTER ASSOC INTL INC COM 204912109 20 800 SH SOLE 1 800 0 0
CONAGRA FOODS INC COM 205887102 13 600 SH SOLE 1 600 0 0
CONAGRA FOODS INC COM 205887102 4 200 SH DEFINED 1 200 0 0
CONECTIV INC COM 206829103 15 675 SH SOLE 1 675 0 0
CONSECO STRATEGIC INC FD SH BEN INT 20847A102 7 866 SH SOLE 1 866 0 0
CONSOLIDATED EDISON INC COM 209115104 41 1028 SH SOLE 1 1028 0 0
CONSTELLATION ENERGY CORP 210371100 9 400 SH DEFINED 1 400 0 0
CORNING INC 219350105 15 1800 SH SOLE 1 1800 0 0
DPL INC COM 233293109 48 1985 SH SOLE 1 1985 0 0
DANA CORP 235811106 13 866 SH SOLE 1 866 0 0
DEAN FOODS CO 242361103 18 400 SH SOLE 1 400 0 0
DELTA AIRLINES INC 247361108 5 200 SH SOLE 1 200 0 0
DELTIC TIMBER INC 247850100 453 17940 SH SOLE 1 17940 0 0
DELTIC TIMBER INC 247850100 16336 645971 SH DEFINED 1 0 645543 428
DIAMOND OFFSHORE DRILLING INC 25271C102 1 50 SH SOLE 1 50 0 0
WALT DISNEY CO 254687106 14 760 SH SOLE 1 760 0 0
WALT DISNEY CO 254687106 3 200 SH DEFINED 1 200 0 0
DOW CHEMICAL CO 260543103 1008 30794 SH SOLE 1 30794 0 0
DOW CHEMICAL CO 260543103 15 483 SH DEFINED 1 483 0 0
DREYFUS MUNICIPAL BOND
FUND 26201Q104 46 3881 SOLE 1 3881 0 0
DU PONT EI D NEMOURS & CO 263534109 277 7397 SH SOLE 1 7397 0 0
DUKE ENERGY CORP COM 264399106 229 6054 SH SOLE 1 6054 0 0
DUKE ENERGY CORP COM 264399106 7 200 SH DEFINED 1 200 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
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
EQUINOX - OPHILIA TODD
10400 271995367 0 1 PRN SOLE 1 1 0 0
ALBEMARLE CORP (EHTYL) 274990100 0 1 PRN SOLE 1 1 0 0
UNIT
AGREEMENT-SMACKOVERUNIT 275995363 0 1 PRN SOLE 1 1 0 0
EASTMAN KODAK CO 277461109 34 1050 SH SOLE 1 1050 0 0
EATON CORP COM 278058102 97 1650 SH SOLE 1 1650 0 0
ECHELON CORP 27874N105 1 100 SH SOLE 1 100 0 0
A. G. EDWARDS INC 281760108 11 325 SH SOLE 1 325 0 0
ATLANTA EXPLORATION PISG
PRO 281995365 0 1 PRN SOLE 1 1 0 0
ATLANTA EXPLORATION WARE
CR 282995364 0 1 PRN SOLE 1 1 0 0
ELECTRONIC DATA SYS CORP NEW 285661104 170 2963 SH SOLE 1 2963 0 0
ELECTRONIC DATA SYS CORP NEW 285661104 0 8 SH DEFINED 1 8 0 0
EMERSON ELECTRIC CO 291011104 112 2400 SH SOLE 1 2400 0 0
EMERSON ELECTRIC CO 291011104 16 350 SH DEFINED 1 350 0 0
ENCORE WIRE CORP COM 292562105 270 20900 SH SOLE 1 13900 0 7000
ENRON CORP 2953561106 21 800 SH SOLE 1 800 0 0
ENTERGY 65 SERIES
PRD 4.56% 29364D407 1 18 SH SOLE 1 18 0 0
ENTERGY ARK INC. PFD $6.08 29364D605 4 60 SH SOLE 1 60 0 0
ENTERGY ARK INC. PFD $7.32 29364D704 21 229 SH SOLE 1 229 0 0
ENTERGY ARK INC. PFD $7.80 29364D803 10 100 SH SOLE 1 100 0 0
ENTERGY ARK INC. PFD $7.40 29364D829 8 90 SH SOLE 1 90 0 0
ENTERGY ARK INC. PFD $7.88 29364D852 14 145 SH SOLE 1 145 0 0
ENTERGY CORP 29364G103 188 5298 SH SOLE 1 4298 0 1000
ENTERGY CORP 29364G103 21 593 SH DEFINED 1 593 0 0
CHALLENGE OPT ROBERSON
#1 ARK 301990107 0 1 PRN SOLE 1 1 0 0
FLOWEREE PLANTING LSE
1-1-98 301995361 0 1 PRN SOLE 1 1 0 0
FPL GROUP INC 302571104 31 580 SH SOLE 1 580 0 0
FNMA COM 313586109 128 1600 SH SOLE 1 1600 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 15 685 SH SOLE 1 685 0 0
1ST CENTURY BANKSHARES 319426102 16 1000 SH SOLE 1 1000 0 0
FIRST NAT'L ENTERTAINMENT
CORP 320940109 0 388 SH DEFINED 1 388 0 0
FIRST COMMUNITY BANK NA NPT 329000996 2 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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
ADV FUND MS TRS 33732A210 9 24 SOLE 1 24 0 0
1ST TRS ADVAN SER 195
MSTR9 33732C745 33 35 SH SOLE 1 35 0 0
1ST TRUST ADV UIT SER 32
MS
TRUST 1 337320675 3 15 SOLE 1 15 0 0
1ST TRS ADVAN SER 38 MSTR2 337320865 3 20 SH SOLE 1 20 0 0
FLUOR CORP 343412102 11 300 SH SOLE 1 300 0 0
FLUOR CORP 343412102 3 96 SH DEFINED 1 96 0 0
FOAMEX INT'L INC 344123104 123 20050 SH SOLE 1 20050 0 0
FORD MTR CO CAP TR TOPRS 9% 345343206 25 1000 SH SOLE 1 1000 0 0
GAP INC DEL COM 364760108 17 1500 SH SOLE 1 1500 0 0
GENERAL ELECTRIC CO 369604103 4951 133108 SH SOLE 1 131478 450 1180
GENERAL ELECTRIC CO 369604103 226 6100 SH DEFINED 1 1700 0 4400
GENERAL MLS INC COM 370334104 32 720 SH SOLE 1 720 0 0
GENERAL MLS INC COM 370334104 0 20 SH DEFINED 1 0 0 20
GEN MTR CORP 370442105 28 673 SH SOLE 1 407 66 200
GENOME THERAPEUTICS CORP COM 372430108 5 1000 SH SOLE 1 0 0 1000
GEORGIA PAC CORP 373298108 178 6202 SH SOLE 1 5802 0 400
GEORGIA PAC TIMBER GROUP 373298702 13 360 SH SOLE 1 360 0 0
GERON CORP COM 374163103 2 300 SH SOLE 1 300 0 0
SCUDDER GLOBAL DISCOVERY
FD 378947501 11 544 SH SOLE 1 544 0 0
GLOBAL MARINE INC COM 379352404 8 575 SH SOLE 1 575 0 0
GLOBAL SPORTS INC 37937A107 0 29 SH SOLE 1 29 0 0
GOODYEAR TIRE & RUBBER 382550101 31 1718 SH SOLE 1 1192 0 526
GREAT LAKES CHEM CORP COM 390568103 39 1785 SH DEFINED 1 0 1785 0
GUARANTY BANCHSARES INC
TEX COM 400764106 2 200 SH SOLE 1 0 0 200
GUIDANT CORP COM 401698105 169 4400 SH SOLE 1 4300 0 100
HARRIS SHORT/INTERMEDIATE BOND CL I 40429960R 70 6691 SH SOLE 1 6691 0 0
BURNS/PERKIS
OIL/GAS11-1999 408995363 0 1 PRN SOLE 1 1 0 0
HANCOCK FABRICS 409900107 13 1600 SH SOLE 1 1600 0 0
HANCOCK HLDG CO CAP VALUE 410120109 117 2897 SH SOLE 1 2897 0 0
HARRIS CORP 413875105 47 1494 SH SOLE 1 1494 0 0
HARRIS EQUITY INCOME FUND 41454810R 76 5010 SH SOLE 1 5010 0 0
HARTFORD FNCL SV GRP INC COM 416515104 11 200 SH DEFINED 1 200 0 0
HASBRO, INC 418056107 11 787 SH DEFINED 1 787 0 0
HATTERAS INCOME SECS INC COM 419025101 2 200 SH SOLE 1 200 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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
HEWLETT PACKARD CO 428236103 203 12672 SH SOLE 1 9822 0 2850
HEWLETT PACKARD CO 428236103 6 400 SH DEFINED 1 0 0 400
HIBERNIA CORP 428656102 6091 372786 SH SOLE 1 371886 0 900
HIBERNIA CORP 428656102 14 900 SH DEFINED 1 900 0 0
HIGHLANDS INS GROUP 431032101 29 12000 SH SOLE 1 12000 0 0
HOME DEPOT 437076102 820 21397 SH SOLE 1 16922 4050 425
HOME DEPOT 437076102 58 1532 SH DEFINED 1 882 0 650
HOMEFED CORP COM NEW 43739D208 3 4028 SH DEFINED 1 0 4028 0
HOPEWELL HLDGS LTD SPONSORED ADR 439555301 6 14600 SH DEFINED 1 0 14600 0
HUBBELL INC CL B 443510201 29 1000 SH SOLE 1 1000 0 0
ICN PHARMACEUTICALS INC NEW COM 448924100 13 525 SH SOLE 1 0 0 525
INS MUN-INC TRS 198 45808G723 0 5 SOLE 1 5 0 0
UTS INSURED MUNI INC
TRS#297 45808V266 7 10 DEFINED 1 10 0 0
INS MUN-INC TRS 116 458084837 1 6 SOLE 1 6 0 0
INTEL CORP CAP 458140100 936 45844 SH SOLE 1 41894 2700 1250
INTEL CORP CAP 458140100 90 4430 SH DEFINED 1 230 0 4200
IBM CORP 459200101 3382 36880 SH SOLE 1 33830 400 2650
IBM CORP 459200101 116 1275 SH DEFINED 1 475 800 0
INTL PAPER CO 460146103 165 4748 SH SOLE 1 4698 0 50
INTL PAPER CO 460146103 50 1450 SH DEFINED 1 150 1100 200
JANUS WORLDWID FUND #41 471023309 25 661 SH SOLE 1 661 0 0
JEFFERSON PILOT
CORPORATION 475070108 20 450 SH DEFINED 1 0 0 450
JOHNSON & JOHNSON 478160104 3015 54426 SH SOLE 1 54026 0 400
JOHNSON & JOHNSON 478160104 520 9400 SH DEFINED 1 4600 1200 3600
KANSAS CITY PWR & LT CO COM 485134100 74 2855 SH SOLE 1 2855 0 0
KELLOGG CO 487836108 6 200 SH SOLE 1 200 0 0
C SIMMONS LSE EXP 12/31/06 490990108 0 1 PRN SOLE 1 1 0 0
KERR-MCGEE CORPORATION INC 492386107 1 25 SH SOLE 1 25 0 0
LION OIL 68-0261 RI & ORI 493990105 0 1 PRN SOLE 1 1 0 0
LION OIL 05-0260 680260
(246) 493995369 0 1 PRN SOLE 1 1 0 0
LION OIL 48-0260 RI & ORI 494990104 0 1 PRN SOLE 1 1 0 0
LION OIL 05-0261 (DRIP) 494995368 0 1 PRN SOLE 1 1 0 0
LION OIL CO #18-1896 496990102 0 1 PRN SOLE 1 1 0 0
WICKFORD ENERGY DO#9601100 498990100 0 1 PRN SOLE 1 1 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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
LTV CORP *W EXP 06/28/1998 501921126 0 1 SH SOLE 1 0 0 1
LTV CORP 1.25 SERIES 502210800 0 14 SH SOLE 1 0 0 14
LACLEDE GAS CO COM 505588103 7 300 SH SOLE 1 300 0 0
LACLEDE GAS CO COM 505588103 21 900 SH DEFINED 1 900 0 0
LEAR CORP COM 521865105 2 100 SH SOLE 1 100 0 0
LEXMARK INTL NEW CL A 529771107 8 190 SH SOLE 1 190 0 0
COLONIAL TAX EXEMPT FUND A 53054410R 144 10848 SOLE 1 10383 0 465
LOUSIANA COMPANIES 540000999 0 36 SH SOLE 1 0 0 36
MERLIN MORRIS FARMS INC. 546001991 2 2679 SH SOLE 1 2679 0 0
LOUISIANA PAC CORP COM 546347105 6 1016 SH SOLE 1 1016 0 0
MCDONALD'S CORP 580135101 233 8600 SH SOLE 1 8600 0 0
MCDONALD'S CORP 580135101 16 600 SH DEFINED 1 0 0 600
MEDTRONIC INC COM 585055106 63 1460 SH SOLE 1 1460 0 0
MELLON FINL CORP 58551A108 32 1000 SH SOLE 1 200 0 800
MERCK & CO INC 589331107 2527 37952 SH SOLE 1 34927 250 2775
MERCK & CO INC 589331107 256 3850 SH DEFINED 1 1900 0 1950
MERRILL LYNCH CORP BD FD
INCHI
INCOME CL A 590907101 11 2536 SH SOLE 1 2536 0 0
METLIFE INC COM 59156R108 4 148 SH SOLE 1 148 0 0
MICROSOFT CORP 594918104 985 19255 SH SOLE 1 18705 100 450
MICROSOFT CORP 594918104 20 400 SH DEFINED 1 0 0 400
MISSISSIPPI CHEMICAL 598001998 0 2 SH SOLE 1 2 0 0
MINNESOTA MNG & MFG CO 604059105 114 1166 SH SOLE 1 1166 0 0
MORRISSEY DEV. CO. 618994156 25 400 SH SOLE 1 400 0 0
MOTOROLA INC 620076109 377 24213 SH SOLE 1 22183 0 2030
MOTOROLA INC 620076109 218 13980 SH DEFINED 1 13680 0 300
THE MUN INSURED NAT'L TR
S5 626223242 0 5 SOLE 1 5 0 0
MURPHY OIL CORP COM 626717102 3742 51714 SH SOLE 1 51714 0 0
MURPHY OIL CORP COM 626717102 69116 112337153 SH DEFINED 1 0 2337153 0
NELSON, THOMAS INC 640376109 1 187 SH SOLE 1 187 0 0
NICOR INC COM 654086107 31 800 SH SOLE 1 800 0 0
NOBLE AFFILIATES INC COM 654894104 30 1000 SH SOLE 1 1000 0 0
NORFOLK SO CORP 655844108 31 1934 SH SOLE 1 1934 0 0
NORTHERN TRUST COMPANY
NTRS 665859104 93 1780 SH SOLE 1 0 0 1780
NORTHERN TRUST COMPANY
NTRS 665859104 209 4000 SH DEFINED 1 0 0 4000
OCCIDENTAL PETE COR DEL 674599105 31 1303 SH SOLE 1 803 500 0
OLIN CORP 680665205 2 166 SH DEFINED 1 166 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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
OMNICOM GROUP 681919106 64 1000 SH SOLE 1 1000 0 0
PPG INDUSTRIES INC 693506107 36 800 SH SOLE 1 800 0 0
PACIFIC CENTURY CYBERWORKS 694059106 5 2473 SH DEFINED 1 0 2473 0
PENNEY J C INC COM 708160106 12 582 SH SOLE 1 582 0 0
PRAIRIE FARMERS ASSOC. RESERVES (BE) 711000992 1 1769 SH SOLE 1 1769 0 0
PEOPLES ENERGY CORP COM 711030106 7 200 SH SOLE 1 200 0 0
PEOPLES ENERGY CORP COM 711030106 19 500 SH DEFINED 1 500 0 0
PEOPLES HLDG CO COM 711148106 12 367 SH SOLE 1 367 0 0
GEORGE PATE COLUMBIA 11/96 712995364 0 1 PRN SOLE 1 1 0 0
PEPSICO INC COM 713448108 1595 32898 SH SOLE 1 31565 1333 0
PEPSICO INC COM 713448108 151 3130 SH DEFINED 1 430 1100 1600
PORT GIBSON CAPITAL CORP 715995361 336 8000 SH SOLE 1 8000 0 0
PFIZER INC 717081103 4193 104594 SH SOLE 1 100844 300 3450
PFIZER INC 717081103 132 3300 SH DEFINED 1 2400 0 900
PHELPS DODGE CORP COM 717265102 0 20 SH SOLE 1 20 0 0
PHELPS DODGE CORP COM 717265102 13 500 SH DEFINED 1 500 0 0
PHILIP MORRIS COS INC COM 718154107 143 2975 SH SOLE 1 2975 0 0
PHILLIPS PETE CO 718507106 117 2186 SH SOLE 1 2186 0 0
PHILLIP/AMEXPLORATION
-CRONEA 719995367 0 1 PRN SOLE 1 1 0 0
PRAIRIE FARMERS
ASSOCIATION
NUMBER 00888 722000999 0 1 SH SOLE 1 1 0 0
3/8 INT FARM PROP-WARREN
CTY 722995362 0 1 PRN SOLE 1 1 0 0
PORT GIBSON PROPERTIES,
INC 723995361 4 4100 SH SOLE 1 4100 0 0
PITNEY BOWES INC COM 724479100 1 36 SH SOLE 1 36 0 0
PETROGULF CORP
LEASE 8-2000 728995366 0 1 PRN SOLE 1 1 0 0
POTLATCH CORP COM 737628107 4 150 SH SOLE 1 150 0 0
PRAXAIR INC COM 74005P104 12 300 SH DEFINED 1 300 0 0
PRICE T ROWE TX FR HI
YLD FD COM 741486104 8 768 SOLE 1 768 0 0
PROCTER & GAMBLE CO COM 742718109 583 8017 SH SOLE 1 7667 250 100
PROCTER & GAMBLE CO COM 742718109 385 5290 SH DEFINED 1 1400 640 3250
QLOGIC CORP COM 747277101 4 250 SH SOLE 1 250 0 0
RH DONNELLEY CORP 74955W307 1 60 SH SOLE 1 60 0 0
RALSTON PURINA CO COM 751277302 17 525 SH SOLE 1 525 0 0
RALSTON PURINA CO COM 751277302 10 309 SH DEFINED 1 0 0 309
RELIANT ENERGY INC 75952J108 134 5123 SH SOLE 1 3323 1200 600
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
RELIANT ENERGY INC 75952J108 117 4460 SH DEFINED 1 4122 338 0
REXCOM SYSTEMS CORP 761672203 0 1 SH SOLE 1 1 0 0
ROHM & HAAS CO COM 775371107 6 200 SH SOLE 1 200 0 0
ROUSE CO COM 779273101 2 100 SH SOLE 1 100 0 0
SAFECO CORP COM 786429100 30 1000 SH SOLE 1 1000 0 0
SEVEN J STOCK FARM 787991066 0 10 SH SOLE 1 10 0 0
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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
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NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
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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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
FLEXTRONICS INTL INC Y2573F102 10 600 SH SOLE 0 0 600
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GRAND TOTALS 279743 6777874 3281079 3232332 264463
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