UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: 639
Form 13F Information Table Value Total: $298,365
(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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
13 PORTERS CHAPEL ROAD RENT-SPROUSE 078995362 0 1 PRN SOLE 1 1 0 0
1ST CENTURY BANKSHARES 319426102 13 1000 SH SOLE 1 1000 0 0
1ST TRS ADVAN SER 195
MSTR9 33732C745 33 35 SH SOLE 1 35 0 0
1ST TRS ADVAN SER
38 MSTR2 337320865 7 40 SH SOLE 1 40 0 0
1ST TRUST ADV UIT
SER 32 MS TRUST 1 337320675 3 15 SOLE 1 15 0 0
3COM CORP COM 885535104 0 100 SH SOLE 1 100 0 0
3COM CORP COM 885535104 4 875 SH DEFINED 1 0 0 875
ABBOTT LAB 002824100 9 200 SH DEFINED 1 200 0 0
ABBOTT LAB 002824100 742 15730 SH SOLE 1 15730 0 0
ABBOTT LABS COM 002824100 844 17890 SH SOLE 1 15290 300 2300
ABBOTT LABS COM 002824100 258 5488 SH DEFINED 1 0 4288 1200
ACXIOM CORP COM 005125109 6 300 SH SOLE 1 300 0 0
ADAMS EXPRESS CO COM 006212104 172 9872 SH SOLE 1 9872 0 0
ADV FUND MS TRS 33732A210 10 24 SOLE 1 24 0 0
ADVANCED MICRO
DEVICES 007903107 5 200 SH DEFINED 1 0 0 200
ADVANCED MICRO
DEVICES 007903107 86 3250 SH SOLE 1 2650 0 600
AEROPRES DIV #2240 018990101 0 1 PRN SOLE 1 1 0 0
AES CORPORATION 00130H105 13 277 SH SOLE 1 277 0 0
AETNA INC COM 00817Y108 7 200 SH DEFINED 1 0 0 200
AGILENT TECHNOLOGIES 00846U101 145 4747 SH SOLE 1 4047 0 700
AGILENT TECHNOLOGIES 00846U101 3 100 SH DEFINED 1 0 0 100
AIR PRODS & CHEMS INC COM 009158106 15 400 SH DEFINED 1 0 0 400
ALBEMARLE CORP (ETHYL) 274990100 0 1 PRN SOLE 1 1 0 0
ALCOA INC COM 013817101 2 76 SH SOLE 1 76 0 0
ALLEGHENY ENERGY INC COM 017361106 9 200 SH SOLE 1 200 0 0
ALLEGHENY ENERGY INC COM 017361106 27 600 SH DEFINED 1 600 0 0
ALLIANCE US GOVT CLASS A #46 018528406 10 1437 SH SOLE 1 1437 0 0
BOND FD
ALLSTATE CORP COM 020002101 90 2160 SH SOLE 1 1943 117 100
ALLTEL CORP 020039103 74 1414 SH SOLE 1 1414 0 0
ALLTEL CORP COM 020039103 598 11415 SH DEFINED 1 11415 0 0
ALLTEL CORP COM 020039103 225 4300 SH SOLE 1 4100 200 0
AMER EXPRESS CO 025816109 99 2400 SH SOLE 1 2400 0 0
AMER HOME PROD CORP 026609107 182 3100 SH DEFINED 1 3100 0 0
AMER HOME PROD CORP 026609107 94 1600 SH SOLE 1 1600 0 0
AMEREN CORP COM 023608102 8 206 SH SOLE 1 206 0 0
AMERICAN ELEC PWR INC COM 025537101 212 4530 SH SOLE 1 4530 0 0
AMERICAN ELEC PWR INC COM 025537101 35 748 SH DEFINED 1 568 0 180
AMERICAN EXPRESS CO COM 025816109 99 2400 SH SOLE 1 2400 0 0
AMERICAN GEN CAP LLC COM 02637F301 24 980 SH SOLE 1 980 0 0
AMERICAN HOME PRODS
CORP COM 026609107 89 1515 SH DEFINED 1 0 0 1515
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
AMERICAN HOME PRODS
CORP COM 026609107 235 4000 SH SOLE 1 4000 0 0
AMERICAN HOMEPATIENT
INC 026649103 8 22450 SH SOLE 1 22450 0 0
AMERICAN INTERNATIONAL
GRP COM 026874107 12 150 SH SOLE 1 150 0 0
AMGEN INC COM 031162100 12 200 SH SOLE 1 200 0 0
AMSOUTH BANCORPORATION COM 032165102 7 437 SH DEFINED 1 437 0 0
ANADARKO PETE CORP 032511107 91 1464 SH DEFINED 1 0 1464 0
ANHEUSER BUSCH COS INC COM 035229103 165 3600 SH DEFINED 1 0 0 3600
ANHEUSER BUSCH COS INC COM 035229103 1185 25820 SH SOLE 1 17500 0 8320
AOL TIME WARNER INC. 00184A105 181 4525 SH SOLE 1 3750 0 775
APPLE COMPUTER INC COM 037833100 70 3200 SH DEFINED 1 0 3200 0
AR PETROLEUM COMMON 0409009A2 4 20 SH DEFINED 1 0 0 20
AR RIVER PETROL COMM 0410399A8 2 36 SH DEFINED 1 0 0 36
AR SERVICE COMMON 0410389A0 2 20 SH DEFINED 1 0 0 20
ARCH CHEMICALS INC COM 03937R102 8 404 SH SOLE 1 404 0 0
ARCHER -DANIELS-
MIDLAND COMPANY 039483102 3 266 SH SOLE 1 0 0 266
ARK BUTANE COMMON 0247959A6 4 18 SH DEFINED 1 0 0 18
ARROW ELECTRS INC 042735100 9 400 SH SOLE 1 400 0 0
ART MACHIN ASSOC
109-01 008990103 0 1 PRN SOLE 1 1 0 0
ARVINMERITOR INC COM 043353101 1 124 SH SOLE 1 124 3800 0
AT HOME CORP COM SER A 045919107 17 3800 SH DEFINED 1 0 0 0
AT&T CORP COM 001957109 8 400 SH DEFINED 1 150 332 250
AT&T CORP COM 001957109 717 33684 SH SOLE 1 31652 0 1700
ATLANTA EXP 036995363 0 1 PRN SOLE 1 1 0 0
WARECREEK LSE
ATLANTA EXP-CRONE 003995362 0 1 SH SOLE 1 1 0 0
12-96
ATLANTA EXP -NEW 026995365 0 1 PRN SOLE 1 1 0 0
HOPE EXPAND 10/98
ATLANTA EXPLORATION 281995365 0 1 PRN SOLE 1 1 0 0
PISG PRO
ATLANTA EXPLORATION 282995364 0 1 PRN SOLE 1 1 0 0
WARE CR
AUTO DATA PROCESS 053015103 228 4200 SH SOLE 1 4200 0 0
AUTOMATIC DATA COM 053015103 228 4200 SH SOLE 1 3400 0 800
PROCESSING INC
AUTOZONE 053332102 28 1000 SH SOLE 1 1000 0 0
AUTOZONE 053332102 14 530 SH DEFINED 1 530 0 0
AVON PRODS INC COM 054303102 27 700 SH SOLE 1 700 0 0
AVON PRODS INC COM 054303102 39 1000 SH DEFINED 1 0 0 1000
AXCELIS 054540109 1 117 SH DEFINED 1 117 0 0
TECHNOLOGIES INC
AXCELIS 054540109 25 2181 SH SOLE 1 2181 0 0
TECHNOLOGIES INC
B. F. GOODRICH 382388106 15 400 SH DEFINED 1 0 0 400
BAKER HUGHES INC COM 057224107 4 135 SH SOLE 1 135 0 0
BANCORPSOUTH INC COM 059692103 11802 800183 SH SOLE 1 117350 138773 544060
BANCORPSOUTH INC COM 059692103 2422 164205 SH DEFINED 1 157452 2592 4161
BANCORPSOUTH INC 059692103 73 4953 SH DEFINED 1 4953 0 0
BANCORPSOUTH INC 059692103 9584 649810 SH SOLE 1 628183 6660 14967
BANK OF AMERICA CORP 060505104 1142 20870 SH SOLE 1 20870 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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
BANK OF AMERICA CORP 060505104 148 2710 SH DEFINED 1 2710 0 0
BANK OF THE OZARKS, 063904106 318 23800 SH DEFINED 1 0 23800 0
INC
BANK OF US NOTE 916995368 0 1 PRN SOLE 1 1 0 0
$1000
BANK ONE CORP FORMERLY 06423A103 87 2420 SH SOLE 1 0 0 2420
BANC ONE
BANK ONE CORP FORMERLY 06423A103 53 1482 SH DEFINED 1 0 1482 0
BANC ONE
BANKAMERICA CORP NEW COM 060505104 49 900 SH SOLE 1 900 0 0
BAXTER 071813109 94 1000 SH SOLE 1 0 0 1000
INTERNATIONALAL INC
BAXTER INTL INC 071813109 75 800 SH SOLE 1 800 0 0
BECKMAN COULTER INC COM 075811109 23 600 SH SOLE 1 600 0 0
BELLSOUTH CORP COM 079860102 8 200 SH DEFINED 1 200 0 0
BELLSOUTH CORP 079860102 1535 37541 SH SOLE 1 35345 2196 0
BELLSOUTH CORP 079860102 96 2368 SH DEFINED 1 2368 0 0
BELLSOUTH CORP COM 079860102 424 10385 SH SOLE 1 9499 246 640
BERKSHIRE HATHAWAY COM 084670108 65 1 SH SOLE 1 1 0 0
INC "A"
BETHLEHEM STL CORP PFD CV 087509402 13 1100 SH SOLE 1 1100 0 0
$2.50
BIOGEN INC COM 090597105 18 300 SH SOLE 1 300 0 0
BLACKBURN MTR NV 088995360 1447 1577 SH SOLE 1 1577 0 0
BODCAW BANK 056004997 5 6 SH DEFINED 1 6 0 0
BODCAW BANK 056004997 767 853 SOLE 1 853 0 0
BOEING CO COM 097023105 22 400 SH DEFINED 1 100 0 300
BOEING CO COM 097023105 475 8532 SH SOLE 1 7832 0 700
BOEING INC 097023105 32 580 SH SOLE 1 580 0 0
BOISE CASCADE CORP COM 097383103 12 400 SH SOLE 1 400 0 0
BP AMOCO P L C SPONSORED 055622104 731 14738 SH SOLE 1 14738 0 0
ADR
BP AMOCO P L C SPONSORED 055622104 78 1582 SH DEFINED 1 926 0 656
ADR
BRISTOL MYERS 110122108 160 2700 SH DEFINED 1 2700 0 0
SQUIBB CO
BRISTOL MYERS 110122108 1095 18436 SH SOLE 1 18436 0 0
SQUIBB CO
BRISTOL MYERS 110122108 497 8368 SH DEFINED 1 5568 0 2800
SQUIBB
BRISTOL MYERS 110122108 1440 24244 SH SOLE 1 22444 0 1800
SQUIBB
BULL RUN CORP 120182100 5 3400 SH SOLE 1 3400 0 0
GEORGIA
BURLINGTON 12189T104 28 930 SH SOLE 1 930 0 0
NORTHERN/SANTA FE
CORP
BURNS/PERKIS 408995363 0 1 PRN SOLE 1 1 0 0
OIL/GAS11-1999
C SIMMONS LSE EXP 490990108 0 1 PRN SOLE 1 1 0 0
12/31/06
CABE INVESTMENTS INC 130004997 311 311294 SH SOLE 1 311294 0 0
CABE LAND COMPANY 123000994 1619 17672 SH SOLE 1 17672 0 0
AKA CABE CATTLE CO.
CABE/LONG MANAGEMENT 126005990 311 311294 SH SOLE 1 311294 0 0
CABLETRON SYS INC COM 126920107 2 200 SH SOLE 1 200 0 0
CADBURY SCHWEPPES ADR 127209302 31 1200 SH SOLE 1 0 0 1200
PLC
CALLAWAY GOLF CO COM 131193104 4 200 SH SOLE 1 0 0 200
CAMPBELL SOUP CO COM 134429109 11 400 SH SOLE 1 0 0 400
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ----------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
CAPITAL ONE FINL COM 14040H105 266 4800 SH SOLE 1 0 0 4800
CORP
CARDINAL HEALTH INC COM 14149Y108 28 298 SH SOLE 1 0 0 298
CATERPILLAR INC 149123101 323 7300 SH SOLE 1 7300 0 0
CATERPILLAR INC DEL COM 149123101 155 3500 SH SOLE 1 3400 0 100
CELL PATHWAYS INC COM 15114R101 0 100 SH SOLE 1 100 0 0
CENTURYTEL INC COM 156700106 140 4902 SH SOLE 1 0 4902 0
CHALLENGE OPT 301990107 0 1 PRN SOLE 1 1 0 0
ROBERSON # 1 ARK
CHEVRON CORP 166751107 198 2256 SH SOLE 1 2256 0 0
CHEVRON CORP 166751107 407 4643 SH DEFINED 1 4643 0 0
CHEVRON CORPORATION COM 166751107 965 10997 SH SOLE 1 9997 0 1000
CHEVRON CORPORATION COM 166751107 35 400 SH DEFINED 1 0 0 400
CHUBB CORPORATION 171232101 398 5500 SH SOLE 1 5500 0 0
CISCO SYS INC COM 17275R102 610 38605 SH SOLE 1 36155 1100 1350
CISCO SYS INC COM 17275R102 31 2005 SH DEFINED 1 600 0 1405
CITGO 03806000010 132990102 0 1 PRN SOLE 1 1 0 0
CITGO 0380600011 131990103 0 1 PRN SOLE 1 1 0 0
CITGO 0380600014 130990104 0 1 PRN SOLE 1 1 0 0
CITGO 0380600015 134990100 0 1 PRN SOLE 1 1 0 0
CITIGROUP INC COM 172967101 613 13646 SH DEFINED 1 13500 0 146
CITIGROUP INC COM 172967101 376 8372 SH SOLE 1 8153 0 219
CLECO CORP NEW 12561W105 9 200 SH DEFINED 1 200 0 0
CLECO CORP NEW 12561W105 13 300 SH SOLE 1 300 0 0
COCA COLA CO COM 191216100 1712 37940 SH SOLE 1 31135 1000 5805
COCA COLA CO COM 191216100 275 6100 SH DEFINED 1 100 0 6000
COCA COLA CO COM 191216100 244 5410 SH SOLE 1 5410 0 0
COCA COLA COM 191219104 42 2400 SH SOLE 1 0 0 2400
ENTERPRISES INC
COLGATE PALMOLIVE CO COM 194162103 11 200 SH DEFINED 1 0 0 200
COLGATE PALMOLIVE CO COM 194162103 283 5125 SH SOLE 1 5125 0 0
COLGATE PALMOLIVE CO COM 194162103 117 2133 SH SOLE 1 2133 0 0
COLONIAL TAX EXEMPT 53054410R 133 10164 SOLE 1 10164 0 0
FUND A
COMCAST 200300200 33 800 SH SOLE 1 800 0 0
COMPAQ COMPUTER CORP 204493100 332 18300 SH SOLE 1 17900 0 400
COMPAQ COMPUTER CORP COM 204493100 140 7750 SH SOLE 1 7750 0 0
COMPUTER ASSOC INTL COM 204912109 21 800 SH SOLE 1 800 0 0
INC
COMPUTER SCIENCES 205363104 3 99 SH DEFINED 1 0 0 99
CORP
CONAGRA FOODS INC COM 205887102 20 1100 SH SOLE 1 1100 0 0
CONAGRA FOODS INC COM 205887102 3 200 SH DEFINED 1 200 0 0
CONECTIV INC COM 206829103 14 675 SH SOLE 1 675 0 0
CONFEDERATE STATE 915995369 0 1 PRN SOLE 1 1 0 0
$10 BILL
CONOCO INC CL B 208251405 18 640 SH SOLE 1 640 0 0
CONSECO INC COM 208464107 9 560 SH DEFINED 1 560 0 0
CONSECO STRATEGIC SH BEN INT 20847A102 8 866 SH SOLE 1 866 0 0
INC FD
CONSOLIDATED EDISON COM 209115104 38 1028 SH SOLE 1 400 0 628
INC
CONSTELLATION 210371100 17 400 SH DEFINED 1 400 0 0
ENERGY CORP
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
COOPER TIRE & COM 216831107 1 100 SH DEFINED 1 100 0 0
RUBBER CO
COOPER TIRE & COM 216831107 64 5700 SH SOLE 1 5700 0 0
RUBBER CO
CORNING INC COM 219350105 37 1800 SH SOLE 1 1800 0 0
CORRECTIONS CORP NEW 22025Y308 0 55 SH SOLE 1 55 0 0
AMER
CORRECTIONS CORP NEW COM 22025Y100 4 5494 SH SOLE 1 5494 0 0
AMER
CRYOLIFE INC 228903100 57 2235 SH SOLE 1 2235 0 0
CYPRESS COM 232806109 8 500 SH SOLE 1 500 0 0
SEMICONDUCTOR CORP
DANA CORP 235811106 14 866 SH SOLE 1 866 0 0
DEAN FOODS CO 242361103 22 650 SH SOLE 1 650 0 0
DELL COMPUTER CORP COM 247025109 38 1500 SH DEFINED 1 0 0 1500
DELL COMPUTER CORP COM 247025109 451 17585 SH SOLE 1 17050 0 535
DELPHI AUTOMOTIVE COM 247126105 7 543 SH SOLE 1 247 46 250
SYS CORP
DELTA AIRLINES INC 247361108 7 200 SH SOLE 1 200 0 0
DELTIC TIMBER CORP 247850100 369 18240 SH SOLE 1 18240 0 0
DELTIC TIMBER CORP 247850100 13080 645971 SH DEFINED 1 0 645543 428
DIAMOND OFFSHORE 25271C102 1 50 SH SOLE 1 50 0 0
DRILLING INC
DISNEY (WALT) 254687106 5 200 SH DEFINED 1 200 0 0
COMPANY HOLDING CO
DISNEY (WALT) 254687106 21 760 SH SOLE 1 760 0 0
COMPANY HOLDING CO
DOMINION RES INC VA NEW 25746U109 18 290 SH SOLE 1 0 0 290
DOW CHEMICAL CO 260543103 893 28311 SH SOLE 1 28311 0 0
DOW CHEMICAL CO COM 260543103 72 2283 SH SOLE 1 2283 0 0
DOW CHEMICAL CO COM 260543103 15 483 SH DEFINED 1 483 0 0
DPL INC COM 233293109 8 300 SH DEFINED 1 300 0 0
DPL INC COM 233293109 66 2385 SH SOLE 1 900 0 1485
DREYFUS MUNICIPAL 26201Q104 46 3881 SOLE 1 3881 0 0
BOND FUND
DU PONT E I DE COM 263534109 18 457 SH SOLE 1 457 0 0
NEMOURS & CO
DU PONT El D 263534109 286 7040 SH SOLE 1 7040 0 0
NEMOURS & CO
DUKE ENERGY CORP COM 264399106 82 1940 SH SOLE 1 0 0 1940
DUKE ENERGY CORP COM 264399106 8 200 SH DEFINED 1 200 0 0
DUKE ENERGY CORP COM 264399106 20 480 SH DEFINED 1 480 0 0
DUKE ENERGY CORP COM 264399106 175 4114 SH SOLE 1 4114 0 0
DUN & BRADSTREET NECOM 26483E100 12 550 SH SOLE 1 550 0 0
CORP DEL
DYNEX CAP INC COM NEW 26817Q506 0 106 SH DEFINED 1 106 0 0
EASTMAN CHEM CO 277432100 2 50 SH SOLE 1 50 0 0
EASTMAN KODAK CO 277461109 15 400 SH SOLE 1 400 0 0
EASTMAN KODAK CO 277461109 41 1050 SH SOLE 1 1050 0 0
EATON CORP COM 278058102 6 100 SH DEFINED 1 100 0 0
EATON CORP COM 278058102 126 1850 SH SOLE 1 1850 0 0
ECHELON CORP 27874N105 1 100 SH SOLE 1 100 0 0
EDEN BIOSCIENCE CORP 279445100 7 500 SH DEFINED 1 500 0 0
EDISON INTERNATIONAL 281020107 10 800 SH SOLE 1 800 0 0
EDWARDS 28176E108 4 240 SH SOLE 1 0 0 240
LIFESCIENCES CORP
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
EEX CORP COM NEW 26842V207 0 66 SH SOLE 1 66 0 0
EL PASO CORP DEL COM 28336L109 13 200 SH DEFINED 1 0 200 0
ELAN PLC ADR 284131208 10 200 SH SOLE 1 200 0 0
ELECTRONIC DATA SYS NEW 285661104 134 2400 SH SOLE 1 2400 0 0
CORP
EMC CORP 268648102 36 1250 SH SOLE 1 850 0 400
EMC CORP 268648102 11 400 SH DEFINED 1 0 0 400
EMERSON ELEC CO COM 291011104 117 1900 SH SOLE 1 1900 0 0
EMERSON ELECTRIC CO 291011104 31 500 SH SOLE 1 500 0 0
EMERSON ELECTRIC CO 291011104 21 350 SH DEFINED 1 350 0 0
ENCORE WIRE CORP COM 292562105 157 20174 SH SOLE 1 20174 0 0
ENERGY EAST CORP COM 29266M109 3 228 SH SOLE 1 228 0 0
ENGELHARD CORP COM 292845104 6 253 SH DEFINED 1 0 253 0
ENRON CORP 293561106 46 800 SH SOLE 1 800 0 0
ENRON CORP COM 293561106 11 200 SH SOLE 1 100 0 100
ENTERGY 65 SERIES 29364D407 1 18 SH SOLE 1 18 0 0
PRD 4.56%
ENTERGY ARK INC PFD 29364D605 4 60 SH SOLE 1 60 0 0
$6.08
ENTERGY ARK INC PFD 29364D704 21 229 SH SOLE 1 229 0 0
$7.32
ENTERGY ARK INC PFD 29364D829 8 90 SH SOLE 1 90 0 0
$7.40
ENTERGY ARK INC PFD 29364D803 9 100 SH SOLE 1 100 0 0
$7.80
ENTERGY ARK INC PFD 29364D852 14 145 SH SOLE 1 145 0 0
$7.88
ENTERGY CORP 29364G103 48 1275 SH SOLE 1 1275 0 0
ENTERGY CORP NEW COM 29364G103 22 593 SH DEFINED 1 593 0 0
ENTERGY CORP NEW COM 29364G103 152 4020 SH SOLE 1 4020 0 0
EQUINOX - OPHILIA 271995367 0 1 PRN SOLE 1 1 0 0
TODD 10400
ETHAN ALLEN 297602104 7 225 SH DEFINED 1 225 0 0
INTERIORS
EXELON CORP 30161N101 28 436 SH DEFINED 1 436 0 0
EXXON MOBIL CORP 30231G102 945 11670 SH DEFINED 1 4890 4400 2380
EXXON MOBIL CORP 30231G102 4463 55103 SH SOLE 1 53154 0 1949
FAIRFIELD CMNTYS INC COM PAR 304STK999 284 18500 SH SOLE 1 18500 0 0
$0.01
FED INTERMEDIATE TAX FREE 458810108 15 1439 SH SOLE 1 1439 0 0
MUNICIPAL #78
FEDERAL NATL MTG COM 313586109 23 300 SH SOLE 1 300 0 0
ASSN
FEDERAL REALTY INVT SH BEN INT 313747206 13 685 SH SOLE 1 0 0 685
TR NEW
FEDERATED BOND FUND 31420F400 17 1970 SH SOLE 1 1970 0 0
#198
FEDEX CORPORATION 31428X106 8 200 SH SOLE 1 200 0 0
FIDELITY ADVISOR GROWTH #86 315805101 12 243 SH SOLE 1 190 0 53
INST
FIRST COMMUNITY NPT 329000996 2 2000 SH SOLE 1 2000 0 0
BANK NA
FIRST NAT'L CORP 320940109 0 388 SH DEFINED 1 388 0 0
ENTERTAINMENT
FIRST STAUNTON CL-A V 90008K991 0 374 SH SOLE 1 374 0 0
BANCSHARES
FIRST STAUNTON CL-B NV 90008J994 0 42 SH SOLE 1 42 0 0
BANCSHARES
FIRST TENN NATL CORP COM 337162101 6 200 SH SOLE 1 200 0 0
FIRST UN CORP COM 337358105 3 118 SH DEFINED 1 0 0 118
FIRST UN CORP COM 337358105 58 1760 SH SOLE 1 0 0 1760
FLEETBOSTON 339030108 75 2001 SH SOLE 1 2001 0 0
FINANCIAL CORP
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
FLOWEREE PLANTING 301995361 0 1 PRN SOLE 1 1 0 0
LSE 1-1-98
FLUOR CORP COM 3438412102 4 96 SH SOLE 1 96 0 0
FLUOR CORP COM 3438412102 13 300 SH SOLE 1 300 0 0
FNMA COM 313586109 103 1300 SH SOLE 1 1300 0 0
FOAMEX INT'L INC 344123104 102 20050 SH SOLE 1 20050 0 0
FORD MOTOR CREDIT 345370860 4 174 SH DEFINED 1 174 0 0
COMPANY USD
FORD MOTOR CREDIT 345370860 191 6810 SH SOLE 1 6112 0 698
COMPANY USD
FORD MTR CO CAP TR I TOPRS 9% 345343206 26 1000 SH SOLE 1 1000 0 0
FPL GROUP INC COM 302571104 19 320 SH SOLE 1 320 0 0
GAP INC DEL COM 364760108 35 1500 SH SOLE 1 1500 0 0
GEN MTR CORP 370442105 12 240 SH SOLE 1 240 0 0
GENERAL ELEC CO COM 369604103 184 4400 SH DEFINED 1 0 0 4400
GENERAL ELEC CO COM 369604103 2477 59195 SH SOLE 1 57565 450 1180
GENERAL ELECTRIC CO 369604103 79 1900 SH DEFINED 1 1900 0 0
GENERAL ELECTRIC CO 369604103 3096 73968 SH SOLE 1 73968 0 0
GENERAL MLS INC COM 370334104 0 20 SH DEFINED 1 0 0 20
GENERAL MLS INC COM 370334104 30 720 SH SOLE 1 720 0 0
GENERAL MTRS CORP COM 370442105 22 433 SH SOLE 1 167 66 200
GENOME THERAPEUTICS COM 372430108 6 1000 SH SOLE 1 0 0 1000
CORP
GEORGE PATE 712995364 0 1 PRN SOLE 1 1 0 0
COLUMBIA 11/96
GEORGIA PAC CORP 373298108 117 4000 SH SOLE 1 4000 0 0
GEORGIA PAC CORP COM GA PAC 373298108 62 2120 SH SOLE 1 1720 0 400
GRP
GEORGIA PAC CORP COM-TIMBER 373298702 11 410 SH SOLE 1 410 0 0
GRP
GERON CORP COM 374163103 3 300 SH SOLE 1 300 0 0
GILLETTE CO COM 375766102 108 3485 SH DEFINED 1 150 2935 400
GILLETTE CO COM 375766102 144 4630 SH SOLE 1 4330 0 300
GLAXO SMITHKLINE PLC SPONSORED 37733W105 45 869 SH SOLE 1 769 0 100
ADR
GLOBAL SPORTS INC 37937A107 0 29 SH SOLE 1 29 0 0
GLOBAL STAR G3930H104 0 1000 SH SOLE 1 1000 0 0
TELECOMMUNICATION
GOODYEAR TIRE & 382550101 11 484 SH DEFINED 1 484 0 0
RUBBER
GOODYEAR TIRE & COM 382550101 40 1718 SH SOLE 1 1192 0 526
RUBR CO
GREAT LAKES CHEM COM 390568103 54 1785 SH DEFINED 1 0 1785 0
CORP
GRUY PETRO MGMT 002995363 0 1 PRN SOLE 1 1 0 0
WALKER CREEKWALKER
CREEK
GUARANTY BANCSHARES COM 400764106 2 200 SH SOLE 1 0 0 200
INC TEX
GUIDANT CORP COM 401698105 211 4700 SH SOLE 1 4600 0 100
HALLIBURTON CO COM 406216101 22 600 SH DEFINED 1 600 0 0
HALLIBURTON CO COM 406216101 31 850 SH SOLE 1 850 0 0
HANCOCK FABRICS 409900107 12 1600 SH SOLE 1 1600 0 0
HANCOCK HLDG CO CAP 410120109 125 2897 SH SOLE 1 2897 0 0
VALUE
HARRIS CORP DEL 413875105 34 1400 SH SOLE 1 1400 0 0
COM
HARRIS CORP DEL COM 413875105 2 94 SH SOLE 1 94 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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
HARRIS EQUITY 41454810R 86 4989 SH SOLE 1 4989 0 0
INCOME FUND
HARRIS BOND CL I 40429960R 67 6509 SH SOLE 1 6509 0 0
SHORT/INTERMEDIATE
HARTFORD FNCL SV COM 416515104 11 200 SH DEFINED 1 200 0 0
GRP INC
HASBRO, INC 418056107 10 787 SH DEFINED 1 787 1250 0
HATTERAS INCOME COM 419025101 2 200 SH SOLE 1 200 0 0
SECS INC
HCA-HEALTHCARE CO COM 404119109 50 1250 SH DEFINED 1 0 0 0
HEINZ H J CO COM 423074103 18 450 SH SOLE 1 450 0 0
HEWLETT PACKARD CO 428236103 339 10850 SH SOLE 1 8000 0 2850
HEWLETT PACKARD CO COM 428236103 12 400 SH DEFINED 1 0 0 400
HEWLETT PACKARD CO COM 428236103 72 2312 SH SOLE 1 2312 0 0
HIBERNIA CORP 428656102 5912 423235 SH SOLE 1 420536 0 2699
HIBERNIA CORP 428656102 12 900 SH DEFINED 1 900 0 0
HIGHLANDS INS GROUP 431032101 39 12000 SH SOLE 1 12000 0 0
HILLSIDE MANOR 875995367 43 100 SH SOLE 1 100 0 0
APARTMENTS
HOME DEPOT 437076102 491 11397 SH SOLE 1 11397 0 0
HOME DEPOT 437076102 38 882 SH DEFINED 1 882 0 0
HOME DEPOT INC COM 437076102 28 650 SH DEFINED 1 0 0 650
HOME DEPOT INC COM 437076102 442 10275 SH SOLE 1 5800 4050 425
HOMEFED CORP COM NEW 43739D208 3 4028 SH DEFINED 1 0 4028 0
HONEYWELL INTL INC 438516106 173 4250 SH SOLE 1 4250 0 0
HOPEWELL HLDGS LTD SPONSORED 439555301 6 14600 SH DEFINED 1 0 14600 0
ADR
HUBBELL INC CL B 443510201 23 1000 SH SOLE 1 1000 0 0
IBM CORP 459200101 48 507 SH DEFINED 1 507 0 0
IBM CORP 459200101 1270 13208 SH SOLE 1 13008 200 0
ICN PHARMACEUTICALS NEW COM 448924100 13 525 SH SOLE 1 0 0 525
INC
ICOS CORP COM 449295104 14 300 SH SOLE 1 200 0 100
INGERSOLL-RAND CO COM 456866102 3 100 SH DEFINED 1 100 0 0
INGERSOLL-RAND CO COM 456866102 75 1900 SH SOLE 1 1450 450 0
INS MUN-INC TRS 116 458084837 1 6 SOLE 1 6 0 0
INS MUN-INC TRS 198 45808G723 0 5 SOLE 1 5 0 0
INTEL CORP COM 458140100 954 36270 SH SOLE 1 34820 200 1250
INTEL CORP COM 458140100 116 4430 SH DEFINED 1 230 0 4200
INTEL CORP CAP 458140100 361 13724 SH SOLE 1 11224 2500 0
INTERNATIONAL COM 459200101 2359 24527 SH SOLE 1 22677 200 1650
BUSINESS MACHS
INTERNATIONAL COM 459200101 76 800 SH DEFINED 1 0 800 0
BUSINESS MACHS
INTERNATIONAL 459506101 7 350 SH SOLE 1 350 0 0
FLAVORS AND
FRAGRANCES
INTL PAPER CO 460146103 39 1100 SH SOLE 1 1100 0 0
INTL PAPER CO COM 460146103 117 3248 SH SOLE 1 3198 0 50
INTL PAPER CO COM 460146103 52 1450 SH DEFINED 1 150 1100 200
IOMEGA CORP COM 462030107 0 100 SH SOLE 1 100 0 0
IRWIN FINL CORP COM 464119106 16 800 SH SOLE 1 800 0 0
J P MORGAN CHASE & COM 46625H100 71 1600 SH SOLE 1 1600 0 0
CO
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
JANUS VENTURE FUND 471023507 3 91 SH DEFINED 1 75 16 0
#45
JANUS VENTURE FUND 471023507 74 1942 SH SOLE 1 1804 0 138
#45
JANUS WORLDWID FUND 471023309 31 661 SH SOLE 1 661 0 0
#41
JDS UNIPHASE CORP COM 46612J101 3 180 SH SOLE 1 120 0 60
JEFFERSON PILOT 475070108 20 300 SH DEFINED 1 0 0 300
CORPORATION
JOHNSON & JOHNSON 478160104 383 4388 SH SOLE 1 4388 0 0
JOHNSON & JOHNSON COM 478160104 244 2800 SH DEFINED 1 100 600 2100
JOHNSON & JOHNSON COM 478160104 2079 23770 SH SOLE 1 23570 0 200
JOHNSON & JOHNSON 478160104 192 2200 SH DEFINED 1 2200 0 0
KANSAS CITY PWR & COM 485134100 24 1000 SH SOLE 1 0 0 1000
LT CO
KELLOGG CO 487836108 5 200 SH SOLE 1 200 0 0
KERR-MCGEE 492386107 1 25 SH SOLE 1 25 0 0
CORPORATION INC
KIMBERLY CLARK CORP COM 494368103 20 300 SH SOLE 1 300 0 0
KING 495582108 13 337 SH SOLE 1 337 0 0
PHARMACEUTICALS INC
LACLEDE GAS CO COM 505588103 20 900 SH DEFINED 1 900 0 0
LACLEDE GAS CO COM 505588103 6 300 SH SOLE 1 300 0 0
LEAR CORP COM 521865105 2 100 SH SOLE 1 100 0 0
LIFEPOINT HOSPITALS COM 53219L109 2 65 SH DEFINED 1 0 65 0
INC
LILLY ELI & CO COM 532457108 53 700 SH DEFINED 1 0 0 700
LILLY ELI & CO COM 532457108 823 10750 SH SOLE 1 10750 0 0
LION OIL 05-0260 493995369 0 1 PRN SOLE 1 1 0 0
680260(246)
LION OIL 05-0261 494995368 0 1 PRN SOLE 1 1 0 0
(DRIP)
LION OIL 48-0260 RI 494990104 0 1 PRN SOLE 1 1 0 0
& ORI
LION OIL 68-0261 RI 493990105 0 1 PRN SOLE 1 1 0 0
& ORI
LION OIL 68-0366 135990109 0 1 PRN SOLE 1 1 0 0
LION OIL CO #18-1896 496990102 0 1 PRN SOLE 1 1 0 0
LML PAYMENT SYSTEMS 50208P109 3 945 SH SOLE 1 945 0 0
INC
LOUISIANA PAC CORP COM 546347105 9 1016 SH SOLE 1 1016 0 0
LOUSIANA COMPANIES 540000999 0 36 SH SOLE 1 0 0 36
LTV CORP *W EXP 501921126 0 1 SH SOLE 1 1 0 0
06/28/1998
LTV CORP 1.25 SERIES 502210800 0 14 SH SOLE 1 14 0 0
LUCENT TECHNOLOGIES COM 549463107 359 36102 SH SOLE 1 33052 400 2650
INC
LUCENT TECHNOLOGIES COM 549463107 32 3250 SH DEFINED 1 0 1000 2250
INC
MASSEY ENERGY CORP 576206106 9 396 SH SOLE 1 396 0 0
MCDATA CORP MASS 580031201 0 29 SH SOLE 1 29 0 0
MCDONALD'S CORP 580135101 159 6024 SH SOLE 1 6024 0 0
MCDONALDS CORP 580135101 95 3600 SH SOLE 1 3600 0 0
MCDONALDS CORP 580135101 15 600 SH DEFINED 1 0 0 600
MCKESSON HBOC INC COM 58155Q103 5 200 SH SOLE 1 200 0 0
MEDTRONIC INC COM 585055106 41 900 SH SOLE 1 900 0 0
MEDTRONIC INC COM 585055106 25 560 SH SOLE 1 560 0 0
MELLON FINL CORP 58551A108 40 1000 SH SOLE 1 200 0 800
MERCK & CO INC COM 589331107 2484 32737 SH SOLE 1 29712 250 2775
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
MERCK & CO INC COM 589331107 170 2250 SH DEFINED 1 200 0 2050
MERCK & CO INC 589331107 98 1300 SH DEFINED 1 1300 0 0
MERCK & CO INC 589331107 569 7500 SH SOLE 1 7500 0 0
MERLIN MORRIS FARMS 546001991 2 2679 SH SOLE 1 2679 0 0
INC.
MERRILL LYNCH CORP CL A 590907101 13 2536 SH SOLE 1 2536 0 0
BD FD INCHI INCOME
MESA OFFSHORE TR UNIT BEN 590650107 0 2000 SH SOLE 1 2000 0 0
INT
METLIFE INC COM 59156R108 4 148 SH SOLE 1 148 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 21 3100 SH SOLE 1 3100 0 0
MGIC INVT CORP WIS COM 552848103 8 120 SH SOLE 1 120 0 0
MICROSOFT CORP COM 594918104 948 17350 SH SOLE 1 16800 100 450
MICROSOFT CORP COM 594918104 21 400 SH DEFINED 1 0 0 400
MICROSOFT CORP 594918104 180 3300 SH SOLE 1 3300 0 0
MINNESOTA MNG & MFC COM 604059105 72 700 SH SOLE 1 700 0 0
CO
MINNESOTA MNG & MFG 604059105 48 466 SH SOLE 1 466 0 0
CO
MISSISSIPPI CHEMICAL 598001998 0 2 SH SOLE 1 2 0 0
MONTAG & CALDWELL 126413889 2 97 SH DEFINED 1 0 97 0
INS CLASS GROWTH
MONTAG & CALDWELL 126413889 254 10648 SH SOLE 1 9857 0 791
INS CLASS GROWTH
MONTAG & CALDWELL 12641388R 10 444 SH DEFINED 1 444 0 0
INS CLASS GROWTH
MONTAG & CALDWELL 12741399R 64 2715 SH SOLE 1 2715 0 0
INS CLASS GROWTH
MOODYS CORP COM 615369105 30 1100 SH SOLE 1 1100 0 0
MORRISON MGMT 618459101 4 115 SH DEFINED 1 0 0 115
SPECIALIST INC
MORRISSEY DEV. CO. 618994156 25 400 SH SOLE 1 400 0 0
MOTOROLA INC 620076109 15 1080 SH DEFINED 1 780 0 300
MOTOROLA INC 620076109 98 6918 SH SOLE 1 6918 0 0
MOTOROLA INC 620076109 183 12900 SH DEFINED 1 12900 0 0
MOTOROLA INC 620076109 285 20055 SH SOLE 1 18125 0 1930
MUN INSD NATL UNIT 626224158 0 5 SH SOLE 1 5 0 0
SERIES 23
MURPHY OIL CORP COM 626717102 3523 52914 SH SOLE 1 52914 0 0
MURPHY OIL CORP COM 626717102 155607 2337153 SH DEFINED 1 0 2337153 0
NASDAQ 100 SHARES 631100104 39 1000 SH SOLE 1 1000 0 0
NELSON, THOMAS INC 640376109 1 187 SH SOLE 1 187 0 0
NICOR INC COM 654086107 29 800 SH SOLE 1 800 0 0
NIKE INC CL B 654106103 32 800 SH SOLE 1 800 0 0
NOBLE AFFILIATES INC COM 654894104 90 2160 SH SOLE 1 2160 0 0
NOKIA CORP SPONSORED 654902204 33 1400 SH SOLE 1 900 0 500
ADR
NORFOLK SO CORP 655844108 32 1934 SH SOLE 1 1934 0 0
NORTHERN TRUST 665859104 250 4000 SH DEFINED 1 0 0 4000
COMPANY NTRS
NORTHERN TRUST 665859104 111 1780 SH SOLE 1 0 0 1780
COMPANY NTRS
OCCIDENTAL DEL COM 674599105 32 1303 SH SOLE 1 803 500 0
PETROLEUM CORP
OKLAHOMA GAS & ELEC COM 670837103 104 4556 SH SOLE 1 1700 0 2856
CO
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
OKLAHOMA GAS & ELEC COM 670837103 16 700 SH DEFINED 1 700 0 0
CO
OLIN CORP 680665205 3 166 SH DEFINED 1 166 0 0
OLIN CORP COM PAR $1 680665205 16 808 SH SOLE 1 808 0 0
OMNICOM GROUP 681919106 82 1000 SH SOLE 1 1000 0 0
OPTI INC 683960108 10 2910 SH SOLE 1 2910 0 0
ORACLE CORP COM 68389X105 197 13200 SH SOLE 1 10350 0 2850
ORACLE CORP COM 68389X105 29 2000 SH DEFINED 1 0 0 2000
PACIFIC CENTURY 694059106 9 2473 SH DEFINED 1 0 2473 0
CYBERWORKS
PACTIV CORP 695257105 2 200 SH DEFINED 1 200 0 0
PACTIV CORP 695257105 6 500 SH SOLE 1 500 0 0
PALM INC COM 696642107 1 149 SH SOLE 1 149 0 0
PALM INC COM 696642107 10 1297 SH DEFINED 1 0 0 1297
PAMECO CORP COM NEW 697934305 0 333 SH DEFINED 1 333 0 0
PENNEY J C INC COM 708160106 12 782 SH SOLE 1 782 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 6 367 SH SOLE 1 367 0 0
PEOPLESOFT INC COM 712713106 7 300 SH SOLE 1 300 0 0
PEPSICO INC COM 713448108 595 13556 SH SOLE 1 13556 0 0
PEPSICO INC COM 713448108 543 12367 SH SOLE 1 11034 1333 0
PEPSICO INC COM 713448108 18 430 SH DEFINED 1 430 0 0
PEPSICO INC COM 713448108 118 2700 SH DEFINED 1 0 1100 1600
PETROGULF CORP 728995366 0 1 PRN SOLE 1 1 0 0
LEASE 8-2000
PETROQUEST 009990102 0 1 PRN SOLE 1 1 0 0
EXPLORATION
PFIZER INC COM 717081103 36 900 SH DEFINED 1 0 0 900
PFIZER INC COM 717081103 1586 38738 SH SOLE 1 34988 300 3450
PFIZER INC 717081103 2655 64856 SH SOLE 1 64856 0 0
PFIZER INC 717081103 98 2400 SH DEFINED 1 2400 0 0
PG&E CORP COM 69331C108 2 250 SH DEFINED 1 250 0 0
PHARMACIA CORP COM 71713U102 942 18710 SH SOLE 1 14910 3800 0
PHARMACIA CORP COM 71713U102 69 1380 SH DEFINED 1 880 500 0
PHELPS DODGE CORP COM 717265102 20 500 SH DEFINED 1 500 0 0
PHELPS DODGE CORP COM 717265102 0 20 SH SOLE 1 20 0 0
PHILIP MORRIS COS COM 718154107 37 800 SH SOLE 1 800 0 0
INC
PHILIP MORRIS COS COM 718154107 103 2175 SH SOLE 1 2175 0 0
INC
PHILLIP/AMEXPLORAT
ION-CRONEA 719995367 0 1 PRN SOLE 1 1 0 0
PHILLIPS PETE CO 718507106 120 2186 SH SOLE 1 2186 0 0
PITNEY BOWES INC COM 724479100 1 36 SH SOLE 1 36 0 0
PORT GIBSON CAPITAL 715995361 336 8000 SH SOLE 1 8000 0 0
CORP
PORT GIBSON 723995361 4 4100 SH SOLE 1 4100 0 0
PROPERTIES, INC
POTLATCH CORP COM 737628107 4 150 SH SOLE 1 150 0 0
POTOMAC ELEC PWR CO 737679100 6 270 SH SOLE 1 270 0 0
PPG INDUSTRIES INC 693506107 36 800 SH SOLE 1 800 0 0
PRAIRIE FARMERS RESERVES 711000992 1 1769 SH SOLE 1 1769 0 0
ASSOC. (BE)
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
PRAIRIE FARMERS 722000999 0 1 SH SOLE 1 1 0 0
ASSOCIATION NUMBER
00888
PRAXAIR INC COM 74005P104 13 300 SH DEFINED 1 300 0 0
PRICE T ROWE TX FR COM 741486104 8 768 SOLE 1 768 0 0
HI YLD FD
PROCTER & GAMBLE CO COM 742718109 670 10710 SH SOLE 1 10710 0 0
PROCTER & GAMBLE CO COM 742718109 87 1400 SH DEFINED 1 1400 0 0
PROCTER & GAMBLE CO COM 742718109 243 3890 SH DEFINED 1 0 640 3250
PROCTER & GAMBLE CO COM 742718109 319 5100 SH SOLE 1 4750 250 100
PUBLIC SVC COM 744573106 43 1000 SH SOLE 1 1000 0 0
ENTERPRISE GROUP
PUTNAM GROWTH & CLASS A 746761105 18 1015 SH SOLE 1 1015 0 0
INCOME
QLOGIC CORP COM 747277101 5 250 SH SOLE 1 250 0 0
QUAKER OATS 747402105 388 4000 SH DEFINED 1 4000 0 0
QUAKER OATS 747402105 257 2650 SH SOLE 1 2650 0 0
QUAKER OATS CO COM 747402105 38 400 SH SOLE 1 400 0 0
QUALCOM INC 747525103 11 200 SH SOLE 1 200 0 0
QWEST 749121109 24 701 SH SOLE 1 517 0 184
COMMUNICATIONS INTL
RALCORP HLDGS INC NEW COM 751028101 1 66 SH DEFINED 1 0 0 66
RALSTON PURINA CO COM 751277302 9 309 SH DEFINED 1 0 0 309
RAYTHEON CO CL B 755111408 23 800 SH SOLE 1 800 0 0
REGIONS FINANCIAL 758940100 50 1786 SH DEFINED 1 0 1786 0
REGIONS FINANCIAL 758940100 510 17968 SH SOLE 1 14118 0 3850
RELIANT ENERGY INC COM 75952J108 220 4873 SH SOLE 1 3673 1200 0
RELIANT ENERGY INC COM 75952J108 201 4460 SH DEFINED 1 4122 338 0
REXCOM SYSTEMS CORP 761672203 0 1 SH SOLE 1 1 0 0
RH DONNELLEY CORP 74955W307 1 60 SH SOLE 1 60 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
RR DONNELLEY & SONS COM 257867101 20 800 SH SOLE 1 800 0 0
CO
RUBY TUESDAY INC 781182100 24 1260 SH DEFINED 1 0 0 1260
SAFECO CORP COM 786429100 28 1000 SH SOLE 1 1000 0 0
SARA LEE CORP COM 803111103 17 800 SH SOLE 1 800 0 0
SBC COMMUNICATIONS COM 78387G103 26 600 SH DEFINED 1 0 0 600
INC
SBC COMMUNICATIONS COM 78387G103 1217 27285 SH SOLE 1 26228 457 600
INC
SCHERING PLOUGH CORP COM 806605101 803 22000 SH DEFINED 1 100 19500 2400
SCHERING PLOUGH CORP COM 806605101 89 2450 SH SOLE 1 2450 0 0
SCHERING PLOUGH CORP COM 806605101 620 16984 SH SOLE 1 16984 0 0
SCHERING PLOUGH CORP COM 806605101 7 200 SH DEFINED 1 200 0 0
SCHLUMBERGER LTD 806857108 23 400 SH SOLE 1 400 0 0
SCHLUMBERGER LTD 806857108 89 1550 SH SOLE 1 1350 0 200
SCUDDER GLOBAL 378947501 13 544 SH SOLE 1 544 0 0
DISCOVERY FD
SEARS ROEBUCK & CO COM 812387108 5 167 SH DEFINED 1 167 0 0
SEARS ROEBUCK & CO COM 812387108 20 592 SH SOLE 1 392 0 200
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
SEARS ROEBUCK & CO COM 812387108 60 1720 SH SOLE 1 1720 0 0
SEMPRA ENERGY COM 816851109 10 450 SH SOLE 1 450 0 0
SERVICEMASTER CO 81760N109 8 800 SH SOLE 1 800 0 0
SEVEN J STOCK FARM, 787991066 0 10 SH SOLE 1 10 0 0
SHEFFIELD 82123D309 18 4365 SH SOLE 1 4365 0 0
PHARMACEUTICALS IC
DELAWARE
SHELL TRANS & NEW YRK SH 822703609 84 1800 SH DEFINED 1 1800 0 0
TRADING PLC NEW
SHERWIN WILLIAMS CO COM 824348106 28 1100 SH SOLE 1 1100 0 0
SIMMONS 1ST NATL CL A $5 PAR 828730200 213 9023 SH SOLE 1 9023 0 0
CORP
SIMMONS 1ST NATL CL A $5 PAR 828730200 5 250 SH DEFINED 1 250 0 0
CORP
SMACKOVER 812004992 0 673 SH SOLE 1 673 0 0
BANCSHARES INC
SOLUTIA INC COM 834376105 50 4124 SH SOLE 1 2970 1154 0
SOLUTIA INC COM 834376105 1 100 SH DEFINED 1 0 100 0
SONY CORP 835699307 72 1000 SH DEFINED 1 0 1000 0
SOUTHERN CO COM 842587107 59 1700 SH SOLE 1 500 0 1200
SOUTHERN CO COM 842587107 128 3656 SH DEFINED 1 3656 0 0
SOUTHERN CO COM 842587107 682 19453 SH SOLE 1 19453 0 0
SPACELABS MED INC COM 846247104 0 72 SH SOLE 1 72 0 0
ST PAUL COMPANIES COMMON 792860108 40 914 SH SOLE 1 914 0 0
INC STOCK
STAFFMARK 280358102 4 1000 SH DEFINED 1 1000 0 0
INC/EDGEWATER TECH
STILLWELL FINANCIAL 860831106 16 600 SH SOLE 1 600 0 0
INC
SUN MICROSYSTEMS INC COM 866810104 24 1600 SH SOLE 1 1600 0 0
SUNOCO INC COM 86764P109 62 1928 SH SOLE 1 1928 0 0
SUPPLYFORCE.COM, LLC 850001991 60 10000 SH SOLE 1 10000 0 0
SYNOPSYS INC COM 871607107 4 100 SH SOLE 1 100 0 0
SYSCO CORP 871829107 106 4000 SH SOLE 1 4000 0 0
TARGET CORP 87612E106 14 400 SH SOLE 1 0 0 400
TECO ENERGY INC COM 872375100 23 800 SH DEFINED 1 800 0 0
TECO ENERGY INC COM 872375100 8 300 SH SOLE 1 300 0 0
TELLABS INC COM 879664100 36 900 SH SOLE 1 700 0 200
TELOCITY INC COM 87971D103 6 3000 SH SOLE 1 3000 0 0
TEMPLE INLAND INC COM 879868107 17 400 SH SOLE 1 400 0 0
TEXACO INC COM 881694103 135 2047 SH SOLE 1 2047 0 0
TEXAS INSTRS INC COM 882508104 61 2000 SH SOLE 1 2000 0 0
TEXTRON INC COM 883203101 5 100 SH SOLE 1 100 0 0
THE MUN INSURED 626223242 0 5 SOLE 1 5 0 0
NAT'L TR S5
TIFFANY & CO NEW 886547108 59 2200 SH SOLE 1 2200 0 0
TOTH ALUMINUM 891514101 0 100 SH SOLE 1 0 0 100
CORPORATION
TRANS-GULF LA CLOSELY 858001993 0 10 SH SOLE 1 10 0 0
PETROLEUM CORP HELD
TRANSOCEAN SEDCO G90078109 56 1296 SH SOLE 1 1296 0 0
FOREX INC
TRANSOCEAN SEDCO G90078109 3 77 SH DEFINED 1 77 0 0
FOREX INC
TRAVIS BOATS & MTRS COM 894363100 0 200 SH SOLE 1 200 0 0
INC
TRI CONTINENTAL 895436103 118 4528 SH SOLE 1 4528 0 0
CORPORATION
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
TRIAD HOSPITALS INC COM 89579K109 1 65 SH DEFINED 1 0 65 0
TRIBUNE COMPANY 896047107 48 1200 SH SOLE 1 1200 0 0
TRICON GLOBAL COM 895953107 3 100 SH SOLE 1 100 0 0
RESTAURANTS
TXU CORP 873168108 123 3000 SH SOLE 1 3000 0 0
TXU CORP 873168108 10 250 SH DEFINED 1 250 0 0
TXU ELEC CAP III QUIPS 8% 87316Q207 24 1000 SH SOLE 1 1000 0 0
TYCO INTL LTD NEW COM 902124106 60 1408 SH SOLE 1 1408 0 0
TYSON FOODS INC CL A 902494103 10 750 SH SOLE 1 0 0 750
TYSON FOODS INC CL A 902494103 208 15450 SH DEFINED 1 15000 0 450
UNION PAC CORP COM 907818108 222 3950 SH DEFINED 1 150 3800 0
UNION PLANTERS CORP COM 908068109 7 200 SH SOLE 1 200 0 0
UNISYS CORP 909214108 7 540 SH SOLE 1 540 0 0
UNIT 275995363 0 1 PRN SOLE 1 1 0 0
AGREEMENT-SMACKOVERU NIT
UNITED ARKANSAS 907000996 0 1200 SH DEFINED 1 0 0 1200
CORPORATION
UNITED AUTO GROUP COM 909440109 98 10105 SH SOLE 1 10105 0 0
INC
USA TRUCK INC COM 902925106 793 102385 SH SOLE 1 102385 0 0
USX-U S STL COM 90337T101 7 500 SH SOLE 1 500 0 0
USX-U S STL COM 90337T101 2 200 SH DEFINED 1 200 0 0
UTILICORP UNITED INC 918005109 85 2656 SH SOLE 1 2656 0 0
VAN KAMPEN AMERICAN 920914108 58 5997 SH SOLE 1 5997 0 0
CAPITAL PRIME RATE
VANG INDEX EXT MKT 922908207 12 563 SH SOLE 1 563 0 0
#98
VAGUARD TREAS #35 922031802 2 191 SH SOLE 1 191 0 0
INTERMEDIATE TERM
VERIZON 92343V104 131 2666 SH DEFINED 1 1066 0 1600
COMMUNICATIONS INC
VERIZON 92343V104 1250 25370 SH SOLE 1 20856 194 4320
COMMUNICATIONS INC
VIALINK CO COM 92552Q101 1 450 SH SOLE 1 0 0 450
VIROPHARMA, INC 928241108 2 100 SH SOLE 1 100 0 0
VISTEON CORP COM 92839U107 0 39 SH SOLE 1 0 0 39
VLASIC FOODS INTL COM 928559103 0 100 SH SOLE 1 0 0 100
INC
VODAFONE GROUP PLC NEW 92857W100 9 333 SH SOLE 1 198 135 0
WACHOVIA CORPORATION 929771103 337 5600 SH SOLE 1 5600 0 0
WAL MART STORES INC COM 931142103 279 5533 SH DEFINED 1 753 3000 1780
WAL MART STORES INC COM 931142103 1124 22273 SH SOLE 1 22273 0 0
WAL MART STORES INC COM 931142103 1646 32610 SH SOLE 1 29410 2000 1200
WAL MART STORES INC COM 931142103 34 686 SH DEFINED 1 686 0 0
WALGREEN CO COM 931422109 232 5700 SH SOLE 1 5700 0 0
WALSH HEALTH CARE 937001998 0 3 SH SOLE 1 3 0 0
SOLUTIONS INC
WASHINGTON MUT INC COM 939322103 21 400 SH SOLE 1 400 0 0
WASTE MGMT INC DEL COM 94106L109 0 1 SH DEFINED 1 0 0 1
WAUSAU-MOSINEE 943315101 7 550 SH SOLE 1 550 0 0
PAPER CORP CO
WEBMD CORP 94769M105 5 1000 SH DEFINED 1 0 1000 0
WELLS FARGO & CO NEW COM 949746101 59 1200 SH SOLE 1 1200 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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
WESTERN RES INC COM 959425109 4 200 SH SOLE 1 200 0 0
WEYERHAEUSER CO COM 962166104 25 500 SH SOLE 1 500 0 0
WEYERHAEUSER CO COM 962166104 167 3300 SH SOLE 1 3300 0 0
WHOLESALE ELECTRIC 916000995 6031 47444 SH SOLE 1 47444 0 0
SUPPLY CO., INC.
WICKFORD ENERGY 498990100 0 1 PRN SOLE 1 1 0 0
DO#9601100
WILLIAMS COS INC DEL COM 969457100 12 300 SH SOLE 1 300 0 0
WITTER DISCOVER & CO 617446448 32 612 SH SOLE 1 612 0 0
WM WRIGLEY JR COM 982526105 9 200 SH SOLE 1 200 0 0
COMPANY
WORLDCOM INC GA NEW COM 98157D106 11 600 SH DEFINED 1 0 0 600
WORLDCOM INC GA NEW COM 98157D106 246 13200 SH SOLE 1 12090 0 1110
XCEL ENERGY INC COM 98389B100 161 5356 SH SOLE 1 5062 0 294
YAHOO INC 984332106 1 125 SH SOLE 1 125 0 0
AMSOUTH BANCORP 32165102 231 13724 SH SOLE 0 0 13724
BANCORPSOUTH INC 59692103 183 12373 SH SOLE 0 0 12373
BERKSHIRE HATHAWAY 84670207 22 10 SH SOLE 0 0 10
BEST BUY INC 86516101 11 300 SH SOLE 0 0 300
CITIGROU P INC 172967101 121 2700 SH SOLE 0 0 2700
CLEAR CHANNEL COMM 154502102 11 200 SH SOLE 0 0 200
COCA COLA CO 191216100 54 1200 SH SOLE 0 0 1200
COMSAT CAP I LP 205930209 18 800 SH SOLE 0 0 800
DISNEY WALT CO DEL 254687106 6 200 SH SOLE 0 0 200
EMC CORP MASS 268648102 24 800 SH SOLE 0 0 800
EATON VANCE TAX MGD 277911848 40 1982 SH SOLE 0 0 1982
ENTERPRISE INTERNET 293720231 5 488 SH SOLE 0 0 488
FORD MTR CO DEL 345370860 20 700 SH SOLE 0 0 700
GENERAL ELECTRIC CO 369604103 301 7200 SH SOLE 0 0 7200
HEWLETT-PACKARD CO 428236103 9 300 SH SOLE 0 0 300
HOME DEPOT INC 437076102 9 200 SH SOLE 0 0 200
INTEL CORP 458140100 117 4450 SH SOLE 0 0 4450
INTL BUSINESS MACH 459200101 10 100 SH SOLE 0 0 100
LSI LOGIC CORP 502161102 5 300 SH SOLE 0 0 300
LUCENT TECH INC 549463107 4 400 SH SOLE 0 0 400
MCDATA CORP 580031201 1 29 SH SOLE 0 0 29
MERCK & CO INC 589331107 8 100 SH SOLE 0 0 100
MICROSOFT CORP 594918104 33 600 SH SOLE 0 0 600
NASDAQ 100 TR 631100104 5 140 SH SOLE 0 0 140
NOKIA CORP ADR 654902204 14 600 SH SOLE 0 0 600
PEOPLES HLDG CO 711148106 47 2539 SH SOLE 0 0 2539
PROCTER & GAMBLE CO 742718109 124 2000 SH SOLE 0 0 2000
QWEST COMM INTL INC 749121109 14 412 SH SOLE 0 0 412
RF MICRO DEVICES INC 749941100 5 400 SH SOLE 0 0 400
SUN MCIROSYSTEMS INC 866810104 9 600 SH SOLE 0 0 600
TXU CORP 873168108 83 2000 SH SOLE 0 0 2000
TEXAS INSTRUMENTS 882508104 9 300 SH SOLE 0 0 300
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
--------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
TYCO INTL LTD NEW 902124106 6 150 SH SOLE 0 0 150
CISCO SYS INC 17275R102 11 700 SH SOLE 0 0 700
GOLDMAN SACHS GROUP 38141G104 13 150 SH SOLE 0 0 150
JDS UNIPHASE CORP 46612J101 4 200 SH SOLE 0 0 200
JUNIPER NETWORKS 48203R104 4 100 SH SOLE 0 0 100
MERISTAR HOSPITALITY 58984Y103 17 547 SH SOLE 0 0 547
NEXTEL COMM INC CL A 65332V103 4 300 SH SOLE 0 0 300
ORACLE CORPORATION 68389X105 9 600 SH SOLE 0 0 600
WORLDCOM INC. 98157D106 26 1395 SH SOLE 0 0 1395
AMDOCS LIMITED G02602103 16 325 SH SOLE 0 0 325
FLEXTRONICS INTL INC Y2573F102 9 600 SH SOLE 0 0 600
------ ------- ------- ------- ------
GRAND TOTAL 298365 8074289 4008405 3267814 798070
====== ======= ======= ======= ======