UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2008
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: Executive Vice President and Corporate Secretary
Phone: (662) 680-2084
Signature Place and Date of Signing:
/s/ Cathy S. Freeman Tupelo Mississippi February 13, 2009
--------------------------------- ------------------------ -----------------
[Signature] [City State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report and all
holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager: None.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 705
Form 13F Information Table Value Total: $457,175
(thousands)
LIST OF OTHER INCLUDED MANAGERS:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed
other than the manager filing this report.
No. Form 13F File Number Name
--- -------------------- ----
1 28-10939 BancorpSouth Bank
2
FORM 13F INFORMATION TABLE
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
ASPEN INSURANCE HOLDINGS G05384105 13 533 SH SOLE 1 21 0 512
FOSTER WHEELER LTD G36535139 4 169 SH SOLE 1 6 0 163
FRONTLINE LDT F G3682E127 15 500 SH SOLE 1 500 0 0
HERBALIFE LTD COMUSD SHS G4412G101 57 2652 SH SOLE 1 0 0 2652
INGSOLL-RAND CO CL A BERMUDA G4776G101 75 4310 SH SOLE 1 4310 0 0
INVESCO LTD SHS G491BT108 183 12674 SH SOLE 1 404 0 12270
IPC HLDGS LTD ORD G4933P101 22 721 SH SOLE 1 28 0 693
KNIGHTS BRIDGE TANKERS G5299G106 7 500 SH SOLE 1 500 0 0
MARVELL TECHNOLOGY GROUP G5876H105 91 13622 SH SOLE 1 0 0 13622
SHIP FINANCE INTERNATIONAL LTD G81075106 6 503 SH SOLE 1 503 0 0
TYCO ELECTRONICS LTD COM NEW G9144P105 0 19 SH SOLE 1 19 0 0
WEATHERFORD INTL LTD NEW (BERMUDA) G95089101 78 7241 SH SOLE 1 199 0 7042
ACE LTD SHS H0023R105 155 2929 SH SOLE 1 47 0 2882
MILLICOM INTL CELLULAR NEW L6388F110 126 2801 SH SOLE 1 38 0 2763
DIANA SHIPPING INC Y2066G104 6 500 SH SOLE 1 500 0 0
EAGLE BULK SHIPPING INC COM Y2187A101 0 40 SH SOLE 1 40 0 0
FLEXTRONICS INT'L Y2573F102 61 24113 SH SOLE 1 668 0 23445
TEEKAY LNG PARTNERS L P Y8564M105 8 500 SH SOLE 1 500 0 0
ABB LTD 000375204 8 537 SH SOLE 1 537 0 0
ACCO BRANDS CORP 00081T108 0 34 SH SOLE 1 34 0 0
A F L A C INC 001055102 382 8327 SH SOLE 1 2036 0 6291
AES CORPORATION 00130H105 1 69 SH SOLE 1 69 0 0
AT&T INC COM 00206R102 853 29913 SH SOLE 1 27213 0 2700
AT&T INC COM 00206R102 170 5980 SH DEFINED 1 848 5132 0
AU OPTRONICS CORP SPONSORED ADR 002255107 36 4654 SH SOLE 1 260 0 4394
AARON RENTS INC COM 002535201 26 959 SH SOLE 1 38 0 921
3
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
ABBOTT LAB 002824100 516 9662 SH SOLE 1 3760 0 5902
ABBOTT LAB 002824100 213 4000 SH DEFINED 1 0 4000 0
ACTEL CORP COM 004934105 17 1437 SH SOLE 1 0 0 1437
ACTIVISION INC NEW 00507V109 1 114 SH SOLE 1 114 0 0
ACTUANT CORP CLASS A 00508X203 46 2415 SH SOLE 1 15 0 2400
ACXIOM CORP COM 005125109 9 1052 SH SOLE 1 0 0 1052
ADOBE SYSTEMS INCORPORATED DELAWARE 00724F101 160 7538 SH SOLE 1 269 0 7269
ADVISORY BRD CO 00762W107 27 1197 SH SOLE 1 0 0 1197
AETNA INC COM 00817Y108 146 5114 SH SOLE 1 141 0 4973
AGILENT TECHNOLOGIES, INC. 00846U101 2 135 SH SOLE 1 135 0 0
AGNICO EAGLE MINES 008474108 26 500 SH SOLE 1 500 0 0
AIRGAS INC COM 009363102 25 653 SH SOLE 1 24 0 629
AIXTRON AKTIENGELELLSCHAFT ADR 009606104 3 510 SH SOLE 1 510 0 0
AKAMAI TECH 00971T101 102 6761 SH SOLE 1 0 0 6761
ALCOA INC 013817101 38 3370 SH SOLE 1 0 0 3370
ALCATEL LUCENT SPONSORED ADR 013904305 0 71 SH SOLE 1 71 0 0
ALLEGHENY ENERGY INC 017361106 2 66 SH SOLE 1 66 0 0
ALLEGHENY TECHNOLOGIES 01741R102 81 3158 SH SOLE 1 0 0 3158
ALLERGAN INC 018490102 181 4484 SH SOLE 1 146 0 4338
ALLIANCEBERNSTEIN MUN INCOME FD 01864U106 93 9800 SOLE 1 9800 0 0
ALLIANCEBERNSTEIN GLOBAL HIGH INCOME
FUND INC 01879R106 19 2500 SH SOLE 1 2500 0 0
ALLIANT TECHSYSTEMS, INC 018804104 23 267 SH SOLE 1 9 0 258
ALLIANCEBERNSTEIN INCOME FD 01881E101 13 1850 SH SOLE 1 1850 0 0
ALLIANCEBERSTEIN HLDG LP 01881G106 3 166 SH SOLE 1 166 0 0
ALLIED CAP CO FUND 01903Q108 3 1000 SH SOLE 1 1000 0 0
ALLSCRIPTS HEALTHCARE SOLUTI COM 01988P108 34 3409 SH SOLE 1 0 0 3409
ALLSTATE CORP COMMON 020002101 233 7106 SH SOLE 1 2563 0 4543
ALLSTATE CORP COMMON 020002101 10 310 SH DEFINED 1 310 0 0
4
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
ALTRIA GROUP INC 02209S103 227 15049 SH SOLE 1 5992 0 9057
AMAZON COMINC COM 023135106 6 111 SH SOLE 1 111 0 0
AMEREN CORP 023608102 22 669 SH SOLE 1 434 0 235
AMERICA MOVIL SAB DE CV SPON ADR L
SHS 02364W105 20 660 SH SOLE 1 660 0 0
AMERICAN ELECTRIC POWER 025537101 292 8788 SH SOLE 1 4005 0 4783
AMER EXPRESS CO 025816109 76 4086 SH SOLE 1 1286 0 2800
AMERICAN INTERNATIONAL GROUP, INC 026874107 11 7100 SH SOLE 1 7100 0 0
AMERICAN TOWER CORP CL A 029912201 129 4391 SH SOLE 1 0 0 4391
AMERISOURCEBERGEN CORP 03073E105 118 3318 SH SOLE 1 37 0 3281
AMERIPRISE FINL INC 03076C106 100 4277 SH SOLE 1 115 0 4162
AMERIGAS PARTNERS L P 030975106 7 250 SH SOLE 1 250 0 0
AMGEN INC 031162100 55 947 SH SOLE 1 947 0 0
AMPHENOL CORP NEW CL A 032095101 84 3511 SH SOLE 1 121 0 3390
AMSURG CORP 03232P405 8 358 SH SOLE 1 12 0 346
ANADARKO PETE CORP 032511107 127 3287 SH SOLE 1 355 0 2932
ANADARKO PETE CORP 032511107 65 1696 SH DEFINED 1 0 1696 0
ANNALY CAPITAL MGMT INC 035710409 9 585 SH SOLE 1 0 0 585
ANSYS INC COM 03662Q105 55 1982 SH SOLE 1 0 0 1982
APACHE CORP 037411105 89 1200 SH SOLE 1 1200 0 0
APPLE INC COM 037833100 212 2485 SH SOLE 1 194 0 2291
APPLIED MATERIALS INC 038222105 48 4750 SH SOLE 1 4750 0 0
AQUA AMERICAN INC 03836W103 28 1337 SH SOLE 1 1337 0 0
ARCH COAL, INC 039380100 108 6649 SH SOLE 1 0 0 6649
ARCHER-DANIELS-MIDLAND COMPANY 039483102 138 4803 SH SOLE 1 403 0 4400
ARENA RESOURCES INC COM 040049108 9 333 SH SOLE 1 13 0 320
ARM HLDGS PLC 042068106 2 450 SH SOLE 1 450 0 0
ARTHROCARE CORP COM 043136100 7 1436 SH SOLE 1 0 0 1436
ASSURANT INC COM 04621X108 92 3059 SH SOLE 1 0 0 3059
ATMOS ENERGY CORP 049560105 82 3452 SH SOLE 1 2897 0 555
5
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
AUBURN NATL BANCORP 050473107 20 1000 SH SOLE 1 1000 0 0
AUTO DATA PROCESS 053015103 98 2500 SH SOLE 1 2500 0 0
AUTOZONE 053332102 23 163 SH DEFINED 1 163 0 0
AVALONBAY CMNTY INC 053484101 21 350 SH SOLE 1 350 0 0
AVON PRODUCTS INC COM 054303102 2 92 SH SOLE 1 92 0 0
AXA-UAP ADR 054536107 3 118 SH SOLE 1 118 0 0
BP AMOCO PLC SPONSORED ADR 055622104 721 15421 SH SOLE 1 9837 0 5584
BP AMOCO PLC SPONSORED ADR 055622104 145 3100 SH DEFINED 1 3100 0 0
BAKER HUGHES INC COM 057224107 74 2315 SH SOLE 1 63 0 2252
BALCHEM CORP COM 057665200 33 1322 SH SOLE 1 0 0 1322
BALDOR ELEC CO COM 057741100 3131 175517 SH SOLE 1 175517 0 0
BANCO BILBAO VIZCAYA SP ADR 05946K101 2 156 SH SOLE 1 156 0 0
BANCO ITAU HLDG FINANCEIRA S A ADR 059602201 1 127 SH SOLE 1 127 0 0
BANCO SANTANDER S.A. ADR 05964H105 88 9321 SH SOLE 1 692 0 8629
BANCORPSOUTH INC 059692103 23433 1003130 SH SOLE 1 1002755 0 375
BANCORPSOUTH INC 059692103 277 11840 SH DEFINED 1 9248 2592 0
BANK OF AMERICA CORP NEW COM 060505104 158 11243 SH SOLE 1 7828 0 3415
BANK OF THE OZARKS, INC 063904106 2139 72200 SH SOLE 1 72200 0 0
BANK NEW YORK MELLON CORP COM 064058100 203 7178 SH SOLE 1 7178 0 0
BARCLAYS PLC 06738E204 85 8631 SH SOLE 1 1292 0 7339
BARRICK GOLD CORP 067901108 14 390 SH SOLE 1 390 0 0
BAXTER INTL INC 071813109 96 1783 SH SOLE 1 1783 0 0
BECTON DICKINSON 075887109 289 4233 SH SOLE 1 1009 0 3224
BELDEN INC COM 077454106 103 4937 SH SOLE 1 4 0 4933
BERKSHIRE HATHAWAY "A" 084670108 97 1 SH SOLE 1 1 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 3 1 SH SOLE 1 1 0 0
BERRY PETE CO CL A 085789105 13 1702 SH SOLE 1 0 0 1702
BEST BUY INC COMMON STOCK 086516101 155 5522 SH SOLE 1 230 0 5292
6
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
BHP BILLITON LIMITED ADR SPONSORED 088606108 95 2225 SH SOLE 1 452 0 1773
BIOHEART, INC (NEW) 09062F201 5 5252 SH SOLE 1 5252 0 0
BIOGEN IDEC INC 09062X103 6 130 SH SOLE 1 130 0 0
BLACK & DECKER CORP COM 091797100 6 135 SH SOLE 1 0 0 135
BLACK BOX CORP DEL COM 091826107 16 601 SH SOLE 1 0 0 601
BLACKROCK INC 09247X101 1 7 SH SOLE 1 7 0 0
BLACKROCK MUNIVEST FD INC 09253R105 33 5000 SOLE 1 5000 0 0
BLACKROCK MUNIYIELD INSURED FD 09254E103 29 3150 SOLE 1 3150 0 0
BLACKROCK MUNIYIELD INSURED FD 09254E103 68 7500 DEFINED 1 7500 0 0
BLACKROCK SR HIGH INCOME FD 09255T109 3 1275 SH SOLE 1 1275 0 0
BOEING INC 097023105 240 5621 SH SOLE 1 2336 0 3285
BRISTOL MYERS SQUIBB CO 110122108 165 7109 SH SOLE 1 7109 0 0
BRITISH SKY BROADCASTING GP PLC SPON ADR 111013108 2 61 SH SOLE 1 61 0 0
BROADCOM CORP 111320107 122 7173 SH SOLE 1 50 0 7123
BROADRIDGE FINL SOLUTIONS INC COM 11133T103 2 175 SH SOLE 1 175 0 0
BUCYRUS INTL INC NEW 118759109 58 3151 SH SOLE 1 6 0 3145
BUFFALO WILD WINGS INC COM 119848109 37 1451 SH SOLE 1 0 0 1451
BURLINGTON NORTHERN/SANTA FE CORP 12189T104 4 50 SH SOLE 1 50 0 0
CBS CORP NEW CL B 124857202 3 420 SH SOLE 1 45 0 375
C H ROBINSON WORLDWIDE INC 12541W209 2 31 SH SOLE 1 31 0 0
CME GROUP INC COM 12572Q105 64 308 SH SOLE 1 10 0 298
CSX CORP COM 126408103 23 705 SH SOLE 1 705 0 0
CVS CAREMARK CORPORATION COM 126650100 141 4908 SH SOLE 1 197 0 4711
CABLEVISION SYS CORP 12686C109 2 110 SH SOLE 1 110 0 0
CACI INTL INC CL A 127190304 27 606 SH SOLE 1 22 0 584
CADBURY PLC ADR 12721E102 25 704 SH SOLE 1 704 0 0
CADENCE FINANCIAL CORP 12738A101 13 2833 SH SOLE 1 2833 0 0
CAMECO CORP 13321L108 2 124 SH SOLE 1 124 0 0
7
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
CAMPBELL SOUP CO COM 134429109 0 15 SH SOLE 1 15 0 0
CANADIAN PAC RAILWAY 13645T100 88 2614 SH SOLE 1 0 0 2614
CANON INC ADR REPSTG 5
SHRS 138006309 131 4170 SH SOLE 1 0 0 4170
CAPITAL ONE FINL CORP COM 14040H105 198 6197 SH SOLE 1 6197 0 0
CAPSTEAD MTG CORP 14067E308 13 1000 SH SOLE 1 1000 0 0
CARNIVAL CORP 143658300 5 202 SH SOLE 1 202 0 0
CATALYST HEALTH SOLUTIONS INC COM 14888B103 68 2793 SH SOLE 1 0 0 2793
CATERPILLAR INC 149123101 120 2685 SH SOLE 1 0 0 2685
CELGENE CORP 151020104 239 4316 SH SOLE 1 170 0 4146
CEMEX SAB DE CV ADR 151290889 23 2487 SH SOLE 1 146 0 2341
CENTERPOINT ENERGY INC 15189T107 34 2684 SH SOLE 1 2184 0 500
CENTURYTEL, INC 156700106 27 1000 SH SOLE 1 1000 0 0
CEPHALON INC 156708109 114 1475 SH SOLE 1 131 0 1344
CERNER CORP COM 156782104 95 2483 SH SOLE 1 0 0 2483
CHESAPEAKE ENERGY CORP 165167107 62 3859 SH SOLE 1 1000 0 2859
CHEVRON CORPORATION 166764100 723 9779 SH SOLE 1 6210 0 3569
CHEVRON CORPORATION 166764100 163 2200 SH DEFINED 1 2200 0 0
CIENA CORP COM NEW 171779309 50 7485 SH SOLE 1 0 0 7485
CISCO SYS INC 17275R102 463 28432 SH SOLE 1 10867 0 17565
CITIGROUP, INC 172967101 59 8754 SH SOLE 1 8754 0 0
CITIGROUP, INC 172967101 45 6632 SH DEFINED 1 6632 0 0
CITIZENS HOLDING COMPANY 174715102 3339 158987 SH SOLE 1 158987 0 0
CLIFFS NAT RES INC COM 18683K101 8 329 SH SOLE 1 7 0 322
COACH INC 189754104 119 5726 SH SOLE 1 0 0 5726
COCA COLA CO 191216100 671 14814 SH SOLE 1 9914 0 4900
COCA COLA CO 191216100 222 4900 SH DEFINED 1 4900 0 0
COCA COLA ENTERPRISES INC COM 191219104 28 2300 SH SOLE 1 2300 0 0
COLGATE-PALMOLIVE CO 194162103 201 2931 SH SOLE 1 2931 0 0
COLONIAL PPTYS TR COM SH BEN
INT 195872106 8 1000 SH SOLE 1 1000 0 0
8
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
COMCAST CORP NEW CL A COM 20030N101 16 919 SH SOLE 1 919 0 0
COMCAST CORP NEW CL A COM 20030N101 10 601 SH DEFINED 1 0 601 0
COMCAST CORP NEW SPL CL A 20030N200 4 225 SH SOLE 1 225 0 0
COMMVAULT SYSTEMS INC COM 204166102 26 1913 SH SOLE 1 0 0 1913
COMPANHIA VALE DO RIO DOCE 204412209 2 165 SH SOLE 1 165 0 0
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 43 948 SH SOLE 1 0 0 948
CONAGRA FOODS INC COM 205887102 60 3612 SH SOLE 1 108 0 3504
CONCHO RES INC COM 20605P101 16 681 SH SOLE 1 30 0 651
CONCURRENT COMPUTER CORP NEW 206710402 2 695 SH SOLE 1 695 0 0
CONOCO PHILLIPS 20825C104 331 6385 SH SOLE 1 6225 0 160
CONTINENTAL RESOURCES INC COM 212015101 79 3822 SH SOLE 1 0 0 3822
COOPER COS INC COM NEW 216648402 18 1079 SH SOLE 1 0 0 1079
COOPER TIRE & RUBBER CO 216831107 37 6028 SH SOLE 1 5653 0 375
COOPER TIRE & RUBBER CO 216831107 1 100 SH DEFINED 1 100 0 0
CREDIT SUISSE GROUP ADR 225401108 91 3211 SH SOLE 1 251 0 2960
CROWN CASTLE INTL CORP COM 228227104 171 9731 SH SOLE 1 19 0 9712
CULLEN FROST BANKERS INC 229899109 45 884 SH SOLE 1 21 0 863
CYBERSOURCE CORP COM 23251J106 43 3610 SH SOLE 1 0 0 3610
CYMER INC COM 232572107 35 1606 SH SOLE 1 0 0 1606
DNP SELECT INCOME FD INC 23325P104 7 1100 SH SOLE 1 1100 0 0
DG FASTCHANNEL INC COM 23326R109 22 1737 SH SOLE 1 0 0 1737
DTE ENERGY CO 233331107 4 100 SH SOLE 1 100 0 0
DWS MUNICIPAL INCOME TRUST 23338M106 85 10425 SOLE 1 10425 0 0
DANAHER CORP DEL COM 235851102 235 4153 SH SOLE 1 135 0 4018
DARDEN RESTAURANTS 237194105 19 683 SH SOLE 1 683 0 0
DAVITA INC 23918K108 164 3319 SH SOLE 1 0 0 3319
DEERE & CO 244199105 126 3299 SH SOLE 1 3299 0 0
DELL INC 24702R101 29 2871 SH SOLE 1 2871 0 0
9
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
DELTA AIR LINES INC DEL COM NEW 247361702 72 6291 SH SOLE 1 0 0 6291
DELTIC TIMBER INC 247850100 289 6324 SH SOLE 1 6324 0 0
DELTIC TIMBER INC 247850100 19020 415743 SH DEFINED 1 0 415743 0
DEVON ENERGY CORP NEW COM 25179M103 6 86 SH SOLE 1 86 0 0
DIAMOND OFFSHORE DRILLING INC COM 25271C102 5 86 SH SOLE 1 0 0 86
DIAMONDS TRUST FUND 252787106 99 1126 SH SOLE 1 0 0 1126
DIGITAL RIV INC COM 25388B104 35 1423 SH SOLE 1 0 0 1423
DIODES INC COM 254543101 15 2419 SH SOLE 1 0 0 2419
DIRECTTV GROUP INC 25459L106 138 6034 SH SOLE 1 0 0 6034
WALT DISNEY CO 254687106 90 3968 SH SOLE 1 968 0 3000
DISCOVER FINL SVCS COM 254709108 14 1484 SH SOLE 1 1484 0 0
DISCOVER FINL SVCS COM 254709108 1 130 SH DEFINED 1 130 0 0
DOMINION RES INC VA NEW 25746U109 7 200 SH SOLE 1 200 0 0
DONNELLEY RR & SONS 257867101 4 290 SH SOLE 1 0 0 290
DOW CHEMICAL CO 260543103 36 2378 SH SOLE 1 813 0 1565
DR PEPPER SNAPPLE GROUP INC COM 26138E109 9 528 SH SOLE 1 528 0 0
DREYFUS STRATEGIC MUNICIPALS INC 261932107 90 16000 SOLE 1 16000 0 0
DU PONT EI D NEMOURS & CO 263534109 212 8375 SH SOLE 1 637 0 7738
DUKE ENERGY CORP COM 26441C105 21 1383 SH SOLE 1 1383 0 0
EMC CORP 268648102 7 670 SH SOLE 1 670 0 0
EMC CORP 268648102 1 100 SH DEFINED 1 100 0 0
ENI S P A SPONSORED ADR 26874R108 111 2325 SH SOLE 1 0 0 2325
EOG RES INC 26875P101 1 14 SH SOLE 1 14 0 0
EASTGROUP PROPERTIES INC 277276101 2 60 SH SOLE 1 60 0 0
EASTMAN CHEMICAL CO 277432100 0 12 SH SOLE 1 12 0 0
EATON CORP COM 278058102 121 2425 SH SOLE 1 25 0 2400
EATON VANCE INSURED MUNICIPAL BOND
FUND II 27827K109 7 768 SOLE 1 0 0 768
EATON VANCE INSURED MUNI BOND FD 27827X101 6 675 SOLE 1 675 0 0
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** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
EATON VANCE TAX MANAGED GLOB 27829C105 10 1000 SH SOLE 1 1000 0 0
EATON VANCE TAX MANAGED GLOBAL 27829F108 11 1100 SH SOLE 1 1100 0 0
ECOLAB INC COMMON 278865100 197 5620 SH SOLE 1 208 0 5412
EDISON INTL COM 281020107 91 2820 SH SOLE 1 100 0 2720
EDWARDS LIFESCIENCES CORP 28176E108 13 240 SH SOLE 1 240 0 0
EL PASO CORPORATION 28336L109 112 14269 SH SOLE 1 961 0 13308
ELECTRONIC ARTS INC 285512109 50 3128 SH SOLE 1 36 0 3092
EMBARQ CORP COM 29078E105 90 2500 SH SOLE 1 2500 0 0
EMBRAER-EMPRESA BRASILEIRA DSP ADR COM SHS 29081M102 22 1335 SH SOLE 1 77 0 1258
EMERSON ELECTRIC CO 291011104 44 1200 SH SOLE 1 1200 0 0
ENCANA CORP-CAD 292505104 70 1517 SH SOLE 1 0 0 1517
ENCORE ACQUISITION CO COM 29255W100 0 13 SH SOLE 1 13 0 0
ENCORE WIRE CORP COM 292562105 479 25261 SH SOLE 1 7711 0 17550
ENERGEN CORP 29265N108 29 1006 SH SOLE 1 1006 0 0
ENERGIZER HLDGS INC COM 29266R108 98 1805 SH SOLE 1 0 0 1805
ENERPLUS RESOURCE FD 29274D604 19 975 SH SOLE 1 975 0 0
ENTERGY CORP 29364G103 261 3143 SH SOLE 1 768 0 2375
ENTERGY CORP 29364G103 61 734 SH DEFINED 1 734 0 0
EQUITABLE RESOURCES INC 294549100 27 813 SH SOLE 1 32 0 781
EQUITY RESIDENTIAL PPTYS SBI 29476L107 1 34 SH SOLE 1 34 0 0
ERICSSON (LM) TELE CO ADR (NEW) 294821608 193 24658 SH SOLE 1 1426 0 23232
EXELON CORP 30161N101 39 699 SH SOLE 1 699 0 0
EXELON CORP 30161N101 33 600 SH DEFINED 1 600 0 0
EXPEDIA INC DEL 30212P105 1 147 SH SOLE 1 147 0 0
EXPRESS SCRIPTS INC 302182100 147 2678 SH SOLE 1 100 0 2578
EXTERRAN PARTNERS, L.P. 30225N105 2 200 SH SOLE 1 0 0 200
EXXON MOBIL CORP 30231G102 5377 67356 SH SOLE 1 60811 0 6545
EXXON MOBIL CORP 30231G102 1476 18495 SH DEFINED 1 9895 8600 0
FEI CO 30241L109 2 80 SH SOLE 1 80 0 0
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** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
FPL GROUP INC 302571104 55 1100 SH SOLE 1 1100 0 0
FACTSET RESH SYS INC COM 303075105 21 482 SH SOLE 1 19 0 463
FAIRPOINT COMMUNICATIONS INC COM 305560104 1 194 SH SOLE 1 87 0 107
FAIRPOINT COMMUNICATIONS INC COM 305560104 0 39 SH DEFINED 1 24 15 0
FEDERATED INVS INC PA CL B 314211103 0 29 SH SOLE 1 29 0 0
FEDEX CORPORATION 31428X106 10 158 SH SOLE 1 158 0 0
FERRELLGAS PARTNERS L P 315293100 10 700 SH SOLE 1 700 0 0
F5 NETWORKS INC COM 315616102 44 1915 SH SOLE 1 0 0 1915
FIDELITY NATIONAL INFORMATION SVCS COM 31620M106 0 23 SH SOLE 1 23 0 0
FIDELITY NATIONAL FINANCIAL INC 31620R105 3 175 SH SOLE 1 175 0 0
FIFTH THIRD BANCORP 316773100 68 8220 SH SOLE 1 0 0 8220
FIRST CASH FINANCIAL SVC INC 31942D107 27 1435 SH SOLE 1 57 0 1378
FIRST HORIZON NATIONAL 320517105 2 217 SH SOLE 1 217 0 0
FIRST M & F CORP 320744105 38 4492 SH SOLE 1 4492 0 0
FIRST SOLAR INC COM 336433107 2 15 SH SOLE 1 15 0 0
FISERV INC 337738108 83 2286 SH SOLE 1 0 0 2286
FIRST ENERGY CORP COMMON 337932107 224 4613 SH SOLE 1 4613 0 0
FLAHERTY & CRUMRINE/CLAYMORE PFD SEC
INC FD 338478100 0 6 SH SOLE 1 6 0 0
FOCUS MEDIA HLDG LTD 34415V109 1 128 SH SOLE 1 128 0 0
FORD MOTOR COMPANY COMMON 345370860 3 1471 SH SOLE 1 971 0 500
FOREST LABS 345838106 113 4438 SH SOLE 1 100 0 4338
FORESTAR REAL ESTATE GROUP INC COM 346233109 3 366 SH SOLE 1 366 0 0
FORTUNE BRANDS INC 349631101 8 190 SH SOLE 1 190 0 0
FORWARD AIR CORP COM 349853101 16 660 SH SOLE 1 23 0 637
FRANKLIN RES INC COM 354613101 9 136 SH SOLE 1 136 0 0
FREDS INC CL A 356108100 24 2276 SH SOLE 1 0 0 2276
FREEPORT MCMORAN COPPER & GOLD COM 35671D857 48 1965 SH SOLE 1 44 0 1921
12
** VOTING AUTHORITY **
-----------------------
TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
FRONTIER OIL CORP 35914P105 3 200 SH SOLE 1 200 0 0
FUJIFILM HLDGS CORP ADR 2 ORD 35958N107 115 5200 SH SOLE 1 0 0 5200
GALLAGHER ARTHUR J & CO 363576109 24 939 SH SOLE 1 107 0 832
GAMESTOP CORP 36467W109 75 3445 SH SOLE 1 0 0 3445
GAP INC DEL COM 364760108 1 76 SH SOLE 1 76 0 0
GAYLORD ENTMT CO NEW COM 367905106 0 27 SH SOLE 1 27 0 0
GENENTECH INC 368710406 293 3535 SH SOLE 1 257 0 3278
GENERAL CABLE CORP DEL NEW COM 369300108 49 2760 SH SOLE 1 26 0 2734
GENERAL ELECTRIC CO 369604103 721 44551 SH SOLE 1 41166 0 3385
GENERAL MLS INC COM 370334104 3 53 SH SOLE 1 53 0 0
GEN MTR CORP 370442105 0 150 SH SOLE 1 150 0 0
GENTEX CORP COM 371901109 28 3191 SH SOLE 1 0 0 3191
GENZYME CORP 372917104 7 98 SH SOLE 1 98 0 0
GILEAD SCIENCES INC 375558103 294 5750 SH SOLE 1 248 0 5502
GLAXOSMITHKLINE PLC ADR 37733W105 262 7043 SH SOLE 1 2957 0 4086
GLOBAL PAYMENTS INC 37940X102 57 1747 SH SOLE 1 0 0 1747
GOLDMAN SACHS GROUP 38141G104 4 50 SH SOLE 1 50 0 0
B F GOODRICH 382388106 90 2436 SH SOLE 1 50 0 2386
GOOGLE INC 38259P508 281 912 SH SOLE 1 37 0 875
GREAT PLAINS ENERGY INC 391164100 0 13 SH SOLE 1 13 0 0
GREENE BANKSHARES 394361208 9 649 SH SOLE 1 649 0 0
HCC INSURANCE HOLDINGS, INC 404132102 96 3571 SH SOLE 1 50 0 3521
HCP INC COM 40414L109 8 300 SH SOLE 1 300 0 0
HDFC BK LTD ADR 40415F101 2 25 SH SOLE 1 25 0 0
HSBC HLDGS PLC SPONSORED ADR 404280406 102 2098 SH SOLE 1 0 0 2098
HALLIBURTON CO COM 406216101 149 8187 SH SOLE 1 415 0 7772
JOHN HANCOCK PFD INC II 41013X106 5 400 SH SOLE 1 400 0 0
JOHN HANCOCK PREFERRED INCOME FUND III 41021P103 1 130 SH SOLE 1 130 0 0
HANESBRANDS INC COM 410345102 17 1308 SH SOLE 1 37 0 1271
13
** VOTING AUTHORITY **
-----------------------
TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
HARLEY DAVIDSON INC COM 412822108 1 51 SH SOLE 1 51 0 0
HARRIS CORP 413875105 107 2800 SH SOLE 1 2800 0 0
HARTFORD FNCL SV GRP INC COM 416515104 3 155 SH SOLE 1 0 0 155
HEALTH CARE SERVICES GROUP INC 421906108 14 903 SH SOLE 1 36 0 867
HEALTHSPRING INC COM 42224N101 26 1327 SH SOLE 1 53 0 1274
HEALTHWAYS INC COM 422245100 22 1878 SH SOLE 1 0 0 1878
HEINZ H J CO COM 423074103 121 3223 SH SOLE 1 573 0 2650
HEWLETT PACKARD CO 428236103 464 12778 SH SOLE 1 3245 0 9533
HILL INTERNATIONAL INC COM 431466101 24 3394 SH SOLE 1 0 0 3394
HOLOGIC INC COM 436440101 113 8670 SH SOLE 1 476 0 8194
HOME DEPOT 437076102 138 6014 SH SOLE 1 2829 0 3185
HOME DEPOT 437076102 16 692 SH DEFINED 1 692 0 0
HOSPIRA, INC 441060100 11 400 SH DEFINED 1 0 400 0
HOST HOTELS & RESORTS INC COM 44107P104 58 7727 SH SOLE 1 306 0 7421
HOUSTON WIRE & CABLE CO COM 44244K109 21 2245 SH SOLE 1 0 0 2245
HUBBELL INC CL B 443510201 33 1000 SH SOLE 1 0 0 1000
HUMANA INC 444859102 147 3953 SH SOLE 1 96 0 3857
JB HUNT TRANSPORT SVC INC 445658107 46 1767 SH SOLE 1 0 0 1767
HUNTINGTON BANCSHARE INC 446150104 0 23 SH SOLE 1 23 0 0
HURON CONSULTING GROUP INC COM 447462102 54 951 SH SOLE 1 0 0 951
ITT INDUSTRIES 450911102 2 40 SH SOLE 1 40 0 0
IDACORP INC COM 451107106 3 100 SH SOLE 1 100 0 0
IDEXX LABS INC COM 45168D104 52 1429 SH SOLE 1 0 0 1429
INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 2 88 SH SOLE 1 88 0 0
ING GLOBAL EQUITY DIV 45684E107 24 2500 SH SOLE 1 2500 0 0
INGRAM MICRO INC CL A 457153104 81 6059 SH SOLE 1 181 0 5878
INTEGRA LIFESCIENCES 457985208 56 1565 SH SOLE 1 0 0 1565
INTEGRAL SYS INC MD COM 45810H107 16 1318 SH SOLE 1 0 0 1318
INTEL CORP CAP 458140100 611 41663 SH SOLE 1 13947 0 27716
14
** VOTING AUTHORITY **
-----------------------
TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
INTEL CORP CAP 458140100 23 1600 SH DEFINED 1 1600 0 0
INTERCONTINENTALEXCHANGE INC COM 45865V100 269 3264 SH SOLE 1 76 0 3188
IBM CORP 459200101 770 9145 SH SOLE 1 4497 0 4648
IBM CORP 459200101 25 300 SH DEFINED 1 300 0 0
INTL PAPER CO 460146103 4 300 SH SOLE 1 300 0 0
INTL PAPER CO 460146103 11 900 SH DEFINED 1 0 900 0
INTERPUBLIC GROUP COS INC COM 460690100 60 15108 SH SOLE 1 422 0 14686
INTUIT 461202103 1 24 SH SOLE 1 24 0 0
INVENTIV HEALTH INC COM 46122E105 10 875 SH SOLE 1 35 0 840
INVESTMENT GRADE MUNICIPAL INCOME FUND 461368102 90 9055 SOLE 1 9055 0 0
INVESTMENT TECHNOLOGY GRP NE COM 46145F105 33 1436 SH SOLE 1 0 0 1436
IRON MTN INC COM 462846106 139 5634 SH SOLE 1 183 0 5451
ISHARES FTSE/XINHUA CHINA 25 464287184 13 462 SH SOLE 1 462 0 0
ISHARES MSCI EAFE INDEX FUND 464287465 56 1257 SH SOLE 1 1257 0 0
ISHARES TR RUSSELL 2000 VALUE INDEX FD 464287630 67 1353 SH SOLE 1 39 0 1314
ISHARES RUSSELL 2000 GROWTH INDEX FUND 464287648 122 2402 SH SOLE 1 0 0 2402
ISHARES TRUST RUSSELL 2000 INDEX 464287655 260 5287 SH SOLE 1 0 0 5287
ISHARES TR DOW JONES REAL ESTATE
INDEX FUND 464287739 19 520 SH SOLE 1 520 0 0
JPMORGAN CHASE & CO COM 46625H100 264 8376 SH SOLE 1 5211 0 3165
JPMORGAN CHASE & CO COM 46625H100 62 1956 SH DEFINED 1 0 1956 0
JABAIL CIRCUIT INC 466313103 1 100 SH SOLE 1 100 0 0
JACOBS ENGINEERING GROUP INC 469814107 1 20 SH SOLE 1 20 0 0
JOHNSON & JOHNSON 478160104 1498 25031 SH SOLE 1 22431 0 2600
JOHNSON & JOHNSON 478160104 419 7000 SH DEFINED 1 5800 1200 0
JOHNSON CONTROLS INC 478366107 175 9667 SH SOLE 1 1909 0 7758
JUNIPER NETWORKS 48203R104 1 38 SH SOLE 1 38 0 0
KBR INC COM 48242W106 148 9708 SH SOLE 1 0 0 9708
15
** VOTING AUTHORITY **
-----------------------
TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
KLA TENCOR CORP 482480100 72 3303 SH SOLE 1 84 0 3219
K V PHARMACEUTICAL CO CL A 482740206 11 3834 SH SOLE 1 0 0 3834
KANSAS CITY SOUTHERN COM NEW 485170302 74 3900 SH SOLE 1 0 0 3900
KAYDON CORP 486587108 11 307 SH SOLE 1 11 0 296
KENSEY NASH CORP COM 490057106 34 1770 SH SOLE 1 0 0 1770
KEYCORP NEW 493267108 7 800 SH SOLE 1 800 0 0
KIMBERLY-CLARK CORP 494368103 23 427 SH SOLE 1 312 0 115
KINDER MORGAN ENERGY PARTNERS, L.P 494550106 18 400 SH SOLE 1 400 0 0
KNIGHT TRANSPORTATION INC 499064103 71 4409 SH SOLE 1 0 0 4409
KOHL'S CORP 500255104 8 222 SH SOLE 1 222 0 0
KONINKLIJKE PHLPS ELECTRS N V SP ADR NEW 500472303 109 5510 SH SOLE 1 94 0 5416
KRAFT FOODS 50075N104 169 6301 SH SOLE 1 4058 0 2243
KROGER CO 501044101 223 8438 SH SOLE 1 1340 0 7098
LHC GROUP INC COM 50187A107 23 632 SH SOLE 1 29 0 603
LKQ CORP COMMON 501889208 53 4504 SH SOLE 1 0 0 4504
LSI CORPORATION COM 502161102 0 10 SH SOLE 1 10 0 0
L 3 COMMUNICATIONS 502424104 2 30 SH SOLE 1 30 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 183 2843 SH SOLE 1 0 0 2843
LAS VEGAS SANDS CORP 517834107 0 11 SH SOLE 1 11 0 0
LEAP WIRELESS INTL INC COM NEW 521863308 87 3229 SH SOLE 1 0 0 3229
LEGG MASON INC 524901105 2 87 SH SOLE 1 87 0 0
LENDER PROCESSING SERVICES COM 52602E102 0 11 SH SOLE 1 11 0 0
LEVEL 3 COMMUNICATIONS INC 52729N100 3 4685 SH SOLE 1 4685 0 0
LIBERTY ALL STAR EQUITY FD 530158104 43 12381 SH SOLE 1 12381 0 0
LIBERTY MEDIA GLOBAL INC COMSER A 530555101 1 32 SH SOLE 1 32 0 0
LIBERTY MEDIA ENTERTAINMENT GROUP
SERIES A COM 53071M500 1 80 SH SOLE 1 80 0 0
ELI LILLY & CO 532457108 36 900 SH SOLE 1 900 0 0
ELI LILLY & CO 532457108 44 1100 SH DEFINED 1 1100 0 0
16
** VOTING AUTHORITY **
-----------------------
TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
LIMITED BRANDS, INC 532716107 46 4620 SH SOLE 1 257 0 4363
LINCOLN ELECTRIC CO HOLDINGS 533900106 20 396 SH SOLE 1 14 0 382
LINCOLN NATIONAL CORP IND 534187109 12 650 SH SOLE 1 0 0 650
LIVE NATION INC COM 538034109 1 125 SH SOLE 1 125 0 0
LOCKHEED MARTIN CORP 539830109 73 873 SH SOLE 1 873 0 0
LOWES CO INC 548661107 205 9525 SH SOLE 1 9525 0 0
M & T BANK CORP 55261F104 115 2000 SH SOLE 1 2000 0 0
MFA MTG INVTS INC COM 55272X102 20 3358 SH SOLE 1 119 0 3239
MGM MIRAGE 552953101 36 2648 SH SOLE 1 0 0 2648
MWI VETERINARY SUPPLY INC COM 55402X105 42 1575 SH SOLE 1 0 0 1575
MACYS INC 55616P104 1 80 SH SOLE 1 80 0 0
MAGELLAN MIDSTREAM PARTNERS LP 559080106 8 250 SH SOLE 1 250 0 0
MANHATTAN ASSOCS INC 562750109 23 1441 SH SOLE 1 0 0 1441
MANULIFE FINANCIAL CORP 56501R106 399 23432 SH SOLE 1 23432 0 0
MARATHON OIL CORP 565849106 109 3996 SH SOLE 1 190 0 3806
MARSH & MCLENNAN 571748102 1 45 SH SOLE 1 45 0 0
MARRIOTT INTL INC NEW CL A 571903202 1 47 SH SOLE 1 47 0 0
MASCO CORPORATION 574599106 1 75 SH SOLE 1 75 0 0
MASTERCARD INC CL A 57636Q104 2 12 SH SOLE 1 12 0 0
MATTELL INC 577081102 17 1080 SH SOLE 1 580 0 500
MATTHEWS INTL CORP CL A 577128101 39 1072 SH SOLE 1 0 0 1072
MCAFEE INC 579064106 1 31 SH SOLE 1 31 0 0
MCDONALD'S CORP 580135101 433 6968 SH SOLE 1 4268 0 2700
MCKESSON CORP 58155Q103 2 59 SH SOLE 1 59 0 0
MEADWESTVACO CORP 583334107 17 1547 SH SOLE 1 1547 0 0
MEDCO HEALTH SOLUTIONS INC 58405U102 37 886 SH SOLE 1 886 0 0
MEDICAL ACTION INDUSTRIES INC 58449L100 1 75 SH SOLE 1 75 0 0
MEDTRONIC INC COM 585055106 119 3774 SH SOLE 1 3774 0 0
MERCK & CO INC 589331107 236 7756 SH SOLE 1 4856 0 2900
17
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
MERIDIAN BIOSCIENCE INC COM 589584101 44 1716 SH SOLE 1 0 0 1716
MERRILL LYNCH & CO, INC 590188108 6 536 SH SOLE 1 536 0 0
METLIFE INC COM 59156R108 2 53 SH SOLE 1 53 0 0
MICROS SYSTEMS INC 594901100 11 654 SH SOLE 1 24 0 630
MICROSOFT CORP 594918104 532 27373 SH SOLE 1 12792 0 14581
MICROCHIP TECH INC 595017104 1 65 SH SOLE 1 65 0 0
MICROSEMI CORP 595137100 14 1111 SH SOLE 1 37 0 1074
MIDAS GROUP INC 595626102 7 666 SH SOLE 1 666 0 0
MIRANT CORP NEW COM 60467R100 1 27 SH SOLE 1 27 0 0
MIRANT CORP NEW WT SER A 60467R118 0 88 SH SOLE 1 88 0 0
MITSUBISHI UFJ FINANCIAL GROUP INC 606822104 177 28519 SH SOLE 1 1631 0 26888
MOBILE MINI INC COM 60740F105 26 1770 SH SOLE 1 0 0 1770
MOLSON COORS CLASS B 60871R209 13 267 SH SOLE 1 267 0 0
MONSANTO CO. (NEW) 61166W101 124 1762 SH SOLE 1 588 0 1174
MORGAN STANLEY DEAN WITTER DISCOVER &
CO 617446448 42 2648 SH SOLE 1 2648 0 0
MORGAN STANLEY DEAN WITTER DISCOVER &
CO 617446448 4 260 SH DEFINED 1 260 0 0
MOTOROLA INC 620076109 1 268 SH SOLE 1 268 0 0
MOTOROLA INC 620076109 1 300 SH DEFINED 1 300 0 0
MURPHY OIL CORP COM 626717102 6332 142806 SH SOLE 1 134806 0 8000
MURPHY OIL CORP COM 626717102 332984 7509784 SH DEFINED 1 0 7509784 0
MYLAN INC COM 628530107 15 1500 SH SOLE 1 1500 0 0
NBTY INC COM 628782104 101 6433 SH SOLE 1 0 0 6433
NII HLDGS INC CL B NEW 62913F201 118 6471 SH SOLE 1 0 0 6471
NTT DOCOMO INC SPONS ADR 62942M201 128 6510 SH SOLE 1 373 0 6137
NASDAQ OMX GROUP INC COM 631103108 207 8374 SH SOLE 1 98 0 8276
NATIONAL CITY CORP COM 635405103 0 45 SH SOLE 1 45 0 0
NATIONAL GRID PLC 636274300 137 2718 SH SOLE 1 155 0 2563
NATIONAL OILWELL VARCO INC 637071101 1 35 SH SOLE 1 35 0 0
18
** VOTING AUTHORITY **
-----------------------
TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
NETAPP INC COM 64110D104 71 5070 SH SOLE 1 0 0 5070
NEWELL RUBBERMAID INC 651229106 53 5371 SH SOLE 1 0 0 5371
NEWPARK RESOURCES, INC 651718504 0 8 SH SOLE 1 8 0 0
NEWS CORP 65248E104 160 17612 SH SOLE 1 509 0 17103
NICE SYS LTD SPONSORED ADR 653656108 19 847 SH SOLE 1 28 0 819
NIKE INC CLASS B 654106103 6 120 SH SOLE 1 120 0 0
NIPPON TEL & TEL SPON ADR 654624105 125 4605 SH SOLE 1 271 0 4334
NISOURCE INC 65473P105 2 200 SH SOLE 1 200 0 0
NISSAN MOTORS SPONSORED ADR 654744408 44 6103 SH SOLE 1 361 0 5742
NOKIA CORP SPND ADR 654902204 125 8010 SH SOLE 1 0 0 8010
NORDSON CORP COM 655663102 4 118 SH SOLE 1 5 0 113
NORFOLK SO CORP 655844108 199 4230 SH SOLE 1 4230 0 0
NORTEL NETWORKS CORP NEW COM 656568508 0 28 SH SOLE 1 28 0 0
NORTHERN TRUST COMPANY NTRS 665859104 67 1280 SH SOLE 1 1280 0 0
NORTHERN TRUST COMPANY NTRS 665859104 115 2200 SH DEFINED 1 2200 0 0
NORTHRUP GRUMMAN 666807102 6 128 SH SOLE 1 128 0 0
NOVARTIS AG SPONSORED ADR 66987V109 65 1302 SH SOLE 1 105 0 1197
NUCOR CORP 670346105 6 125 SH SOLE 1 125 0 0
NUSTAR ENERGY LP COMUNIT 67058H102 5 122 SH SOLE 1 122 0 0
NUVEEN INSD PREMIUM INCOME MUNI FD 6706D8104 84 8938 SOLE 1 8938 0 0
NUVEEN PREMIUM INCOME MUN FUND 4 6706K4105 18 2000 DEFINED 1 2000 0 0
NUVEEN INSURED QUALITY MUNICIPAL FD
(CLOSED END) 67062N103 47 4700 SOLE 1 4700 0 0
NUVEEN PERFORMANCE PLUS MUNICIPAL FD 67062P108 105 9285 SOLE 1 9285 0 0
NUVEEN INSURED ADVANTAGE 67071L106 39 3400 SOLE 1 3400 0 0
NUVEEN QUALITY PFD INCOME FD 67071S101 2 400 SH SOLE 1 400 0 0
NUVEEN MUN VALUE FD INC 670928100 323 37531 SOLE 1 37531 0 0
19
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
NUVEEN QUALITY INCOME MUNI 670977107 113 10000 SOLE 1 10000 0 0
NUVEEN INSURED MUNICIPAL OPPORTUNITY
FUND INC 670984103 81 7600 SOLE 1 7600 0 0
NUVEEN PREMIER INSURED MUN INCOME
FUND INC 670987106 11 1000 DEFINED 1 1000 0 0
OCCIDENTAL PETE COR DEL 674599105 51 847 SH SOLE 1 712 0 135
OCEANEERING INTL INC 675232102 33 1117 SH SOLE 1 0 0 1117
OIL STATES INTERNATIONAL INC 678026105 6 323 SH SOLE 1 13 0 310
OMNICOM GROUP 681919106 2 77 SH SOLE 1 77 0 0
ON SEMICONDUCTOR CORP COM 682189105 72 21215 SH SOLE 1 0 0 21215
OPEN TEXT CORP COM 683715106 41 1362 SH SOLE 1 0 0 1362
ORACLE SYSTEMS CORP 68389X105 14 795 SH SOLE 1 795 0 0
O REILLY AUTOMOTIVE INC COM 686091109 93 3039 SH SOLE 1 0 0 3039
ORIX CORP 686330101 1 45 SH SOLE 1 45 0 0
OWENS & MINOR INC NEW COM 690732102 8 201 SH SOLE 1 8 0 193
OWENS ILL INC COM NEW 690768403 138 5052 SH SOLE 1 39 0 5013
PG&E CORP 69331C108 12 318 SH SOLE 1 318 0 0
POSCO ADR 693483109 34 453 SH SOLE 1 29 0 424
PACTIV COPR 695257105 59 2359 SH SOLE 1 963 0 1396
PAREXEL INTL CORP COM 699462107 29 2944 SH SOLE 1 0 0 2944
PATTERSON COMPANIES INC 703395103 25 1331 SH SOLE 1 40 0 1291
PEABODY ENERGY CORP 704549104 62 2744 SH SOLE 1 0 0 2744
PEDIATRIX MEDICAL GROUP INC 705324101 27 849 SH SOLE 1 34 0 815
PEETS COFFEE & TEA INC 705560100 24 1037 SH SOLE 1 0 0 1037
PEOPLES UNITED FINANCIAL INC COM 712704105 98 5522 SH SOLE 1 0 0 5522
PEPSI BOTTLING GROUP INC 713409100 1 33 SH SOLE 1 33 0 0
PEPSIAMERICAS INC 71343P200 81 4000 SH SOLE 1 4000 0 0
PEPSICO INC COM 713448108 1187 21668 SH SOLE 1 16664 0 5004
PEPSICO INC COM 713448108 60 1100 SH DEFINED 1 0 1100 0
PERFICIENT INC COM 71375U101 19 4070 SH SOLE 1 0 0 4070
20
** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
PT TELEKOM INDONESIA ADR 715684106 56 2254 SH SOLE 1 129 0 2125
PETROHAWK ENERGY CORP 716495106 185 11853 SH SOLE 1 168 0 11685
PETROBRAS 71654V408 38 1539 SH SOLE 1 434 0 1105
PETROQUEST ENERGY INC COM 716748108 0 30 SH SOLE 1 30 0 0
PFIZER INC 717081103 468 26444 SH SOLE 1 23444 0 3000
PFIZER INC 717081103 12 700 SH DEFINED 1 0 700 0
PHARMACEUTICAL PRODUCT DEVELOPMENT INC 717124101 39 1361 SH SOLE 1 75 0 1286
PHILLIP MORRIS INTL INC COM 718172109 395 9083 SH SOLE 1 5801 0 3282
PHILLIPS VAN HEUSEN CORP COM 718592108 131 6522 SH SOLE 1 36 0 6486
PIMCO MUNI INCOME FUND III 72201A103 9 1333 SOLE 1 1333 0 0
PITNEY BOWES INC COM 724479100 0 13 SH SOLE 1 13 0 0
PLEXUS CORP COM 729132100 47 2753 SH SOLE 1 0 0 2753
POLARIS INDS INC 731068102 1 25 SH SOLE 1 25 0 0
PRAXAIR INC COM 74005P104 123 2065 SH SOLE 1 486 0 1579
PRECISION CASTPARTS CORP COM 740189105 178 2992 SH SOLE 1 68 0 2924
T ROWE PRICE & ASSOC 74144T108 1 28 SH SOLE 1 28 0 0
PRINCIPAL FINANCIAL GROUP 74251V102 29 1283 SH SOLE 1 1283 0 0
PROCTER & GAMBLE CO COM 742718109 1803 29178 SH SOLE 1 20558 0 8620
PROCTER & GAMBLE CO COM 742718109 433 7000 SH DEFINED 1 7000 0 0
PROLOGIS SH BEN INT COM 743410102 0 12 SH SOLE 1 12 0 0
PROSPERITY BANCSHARES INC COM 743606105 22 759 SH SOLE 1 26 0 733
PRUDENTIAL FINANCIAL 744320102 89 2942 SH SOLE 1 261 0 2681
PRUDENTIAL PLC ADR 74435K204 2 191 SH SOLE 1 191 0 0
PUBLIC SVC ENTERPRISE GROUP INC 744573106 19 660 SH SOLE 1 660 0 0
PUBLIC STORAGE, INC REIT 74460D109 36 450 SH SOLE 1 450 0 0
PUTNAM MANAGED MUNICIPAL INCOME TRUST 746823103 1 250 SOLE 1 250 0 0
QUALCOMM INC 747525103 389 10858 SH SOLE 1 798 0 10060
QUANTUM FUEL SYS TECHNOLOGIES COM 74765E109 0 285 SH SOLE 1 285 0 0
QUEST DIAGNOSTICS INC 74834L100 183 3523 SH SOLE 1 0 0 3523
21
** VOTING AUTHORITY **
-----------------------
TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
RMK HIGH INCOME FUND 74963B105 1 1008 SH SOLE 1 1008 0 0
RADIANT SYSTEMS INC COM 75025N102 13 3737 SH SOLE 1 0 0 3737
RALCORP HOLDINGS NEW COM 751028101 22 380 SH SOLE 1 15 0 365
RAYMOND JAMES FINANCIAL CORP 754730109 64 3732 SH SOLE 1 17 0 3715
RAYTHEON CO NEW 755111507 319 6245 SH SOLE 1 409 0 5836
REGAL ENTMT GROUP CL A 758766109 84 8213 SH SOLE 1 0 0 8213
REGIONS FINANCIAL CORP NEW 7591EP100 518 65058 SH SOLE 1 56616 0 8442
REGIONS FINANCIAL CORP NEW 7591EP100 18 2205 SH DEFINED 1 0 2205 0
RELIANT ENERGY INC 75952B105 9 1483 SH SOLE 1 1089 0 394
RENASANT CORP COM 75970E107 145 8524 SH SOLE 1 8524 0 0
REPSOL YPF ADR 76026T205 63 2950 SH SOLE 1 0 0 2950
REYNOLDS AMERICAN INC 761713106 6 155 SH SOLE 1 0 0 155
RIO TINTO PLC SPONSORED ADR 767204100 1 14 SH SOLE 1 14 0 0
RIVERBED TECHNOLOGY INC COM 768573107 30 2608 SH SOLE 1 0 0 2608
ROCKWELL COLLINS INC 774341101 69 1760 SH SOLE 1 0 0 1760
ROFIN SINAR TECHNOLOGIES INC COM 775043102 6 299 SH SOLE 1 12 0 287
ROGERS COM INC CL B 775109200 3 106 SH SOLE 1 106 0 0
ROHM & HAAS CO COM 775371107 4 60 SH SOLE 1 60 0 0
ROYAL BANK OF SCOTLAND PREF SHRS SER S ADR 780097739 4 400 SH SOLE 1 400 0 0
ROYAL BK SCOTLAND GROUP PREF SHS SER Q ADR 780097754 11 1200 SH SOLE 1 1200 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 137 2659 SH SOLE 1 152 0 2507
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 80 1551 SH DEFINED 1 1551 0 0
ROYAL DUTCH SHELL PLC 780259206 220 4160 SH SOLE 1 4000 0 160
ROYAL DUTCH SHELL PLC 780259206 169 3200 SH DEFINED 1 3200 0 0
ROYCE FOCUS TRUST INC 78080N108 1 281 SH SOLE 1 281 0 0
ROYCE VALUE TR INC 780910105 5 544 SH SOLE 1 544 0 0
ROYCE MICRO CAP TRUST INC 780915104 1 253 SH SOLE 1 253 0 0
STANDARD & POORS DEP RECEIPTS 78462F103 16 175 SH SOLE 1 175 0 0
22
** VOTING AUTHORITY **
-----------------------
TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
SRA INTL INC CL A 78464R105 27 1541 SH SOLE 1 56 0 1485
ST JUDE MEDICAL 790849103 92 2801 SH SOLE 1 0 0 2801
SANDISK CORP COM 80004C101 1 85 SH SOLE 1 85 0 0
SANOFI-AVENTIS ADR 80105N105 217 6741 SH SOLE 1 370 0 6371
SAP AKTIENGESELLSCHAFT SPNSD ADRS 803054204 189 5206 SH SOLE 1 226 0 4980
SCANA CORP NEW 80589M102 4 115 SH SOLE 1 115 0 0
SCANSOURCE INC COM 806037107 39 2016 SH SOLE 1 0 0 2016
SCHEIN HENRY INC COM 806407102 182 4949 SH SOLE 1 161 0 4788
SCHERING PLOUGH CORP COM 806605101 204 11965 SH SOLE 1 11965 0 0
SCHLUMBERGER LTD COM 806857108 259 6128 SH SOLE 1 1738 0 4390
THE CHARLES SCHWAB CORP 808513105 217 13444 SH SOLE 1 571 0 12873
SCOTTS MIRACLE GRO CO CL A 810186106 31 1049 SH SOLE 1 41 0 1008
SEMPRA ENERGY COM 816851109 26 600 SH SOLE 1 600 0 0
SERVICE CORP INTL W/RIGHTS TO PURC
COMMON STOCK 817565104 1 107 SH SOLE 1 107 0 0
SHIRE PLC SPONSORED ADR 82481R106 10 213 SH SOLE 1 213 0 0
SHUFFLE MASTER INC COM 825549108 13 2712 SH SOLE 1 0 0 2712
SILGAN HOLDINGS INC COM 827048109 37 782 SH SOLE 1 29 0 753
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SIMON PROPERTY GROUP INC 828806109 2 31 SH SOLE 1 31 0 0
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SMITH & NEPHEW P L C SPD ADR 83175M205 2 59 SH SOLE 1 59 0 0
SMITH A O COM 831865209 11 372 SH SOLE 1 15 0 357
SMUCKER J M CO 832696405 24 545 SH SOLE 1 34 0 511
SONIC CORP COM 835451105 41 3390 SH SOLE 1 39 0 3351
SONOSITE INC 83568G104 20 1068 SH SOLE 1 0 0 1068
SONY CORP 835699307 66 3004 SH SOLE 1 0 0 3004
SOUTHERN CO COM 842587107 424 11446 SH SOLE 1 11446 0 0
SOUTHERN CO COM 842587107 134 3621 SH DEFINED 1 3621 0 0
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** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
SOUTHWESTERN ENERGY CO 845467109 233 8058 SH SOLE 1 253 0 7805
SPECTRA ENERGY 847560109 27 1689 SH SOLE 1 1689 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 91 50000 SH SOLE 1 50000 0 0
STAPLES INCORPORATED (RETAIL &
DELIVERY) 855030102 235 13141 SH SOLE 1 427 0 12714
STARBUCKS CORP 855244109 70 7440 SH SOLE 1 81 0 7359
STARWOOD HOTELS & RESORTS WORLDWIDE COM
INC 85590A401 54 2994 SH SOLE 1 587 0 2407
STATOIL ASA SPON ADR 85771P102 55 3325 SH SOLE 1 0 0 3325
STEEL DYNAMICS INC 858119100 7 656 SH SOLE 1 0 0 656
STERICYCLE INC 858912108 62 1197 SH SOLE 1 18 0 1179
STRYKER CORP 863667101 186 4659 SH SOLE 1 345 0 4314
SUBURBAN PROPANE PARTNERS L P 864482104 18 500 SH SOLE 1 500 0 0
SUN MICROSYSTEMS INC COM 866810203 2 500 SH SOLE 1 500 0 0
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SWIFT ENERGY CO COM 870738101 18 1043 SH SOLE 1 0 0 1043
SYBASE INC COM 871130100 30 1222 SH SOLE 1 49 0 1173
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TARGET CORP 87612E106 313 9071 SH SOLE 1 920 0 8151
TEAM INC 878155100 6 231 SH SOLE 1 9 0 222
TELEDYNE TECHNOLOGIES INC COM 879360105 47 1058 SH SOLE 1 0 0 1058
TELEFLEX INC COM 879369106 68 1354 SH SOLE 1 8 0 1346
TELEFONICA SA SPONSORED ADR 879382208 3 45 SH SOLE 1 45 0 0
TELEFONOS DE MEXICO SA DE CV SPONS ADR 879403780 7 314 SH SOLE 1 314 0 0
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** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
TELMEX INTERNATIONAL SAB DE CV L ADR 879690105 4 314 SH SOLE 1 314 0 0
TEMPLE INLAND INC COM 879868107 5 1100 SH SOLE 1 1100 0 0
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TETRA TECHNOLOGIES INC DEL COM 88162F105 11 2293 SH SOLE 1 0 0 2293
TETRA TECH INC NEW COM 88162G103 44 1839 SH SOLE 1 0 0 1839
TEVA PHARMACEUTICAL IND ADR'S 881624209 93 2190 SH SOLE 1 112 0 2078
TEXAS INSTRUMENTS 882508104 174 11220 SH SOLE 1 1305 0 9915
THERMO FISHER SCIENTIFIC INC 883556102 209 6144 SH SOLE 1 214 0 5930
3M CO 88579Y101 311 5401 SH SOLE 1 1591 0 3810
TIFFANY & CO NEW 886547108 19 804 SH SOLE 1 804 0 0
TIME WARNER INC 887317105 150 14936 SH SOLE 1 3419 0 11517
TOMOTHERAPY INC COM 890088107 6 2544 SH SOLE 1 0 0 2544
TORONTO-DOMINION BANK ADR 891160509 3 94 SH SOLE 1 94 0 0
TOTAL FINA ELF S.A. ADR 89151E109 139 2523 SH SOLE 1 137 0 2386
TOWER GROUP INC COM 891777104 48 1693 SH SOLE 1 0 0 1693
TOTAL SYS SVCS INC COM 891906109 71 5102 SH SOLE 1 0 0 5102
TOYOTA MOTOR CORP ADR NEW 892331307 80 1217 SH SOLE 1 104 0 1113
TRACTOR SUPPLY CO COM 892356106 48 1341 SH SOLE 1 0 0 1341
TRAVELERS COMPANIES INC COM 89417E109 11 235 SH SOLE 1 0 0 235
TREEHOUSE FOODS INC COM 89469A104 11 396 SH SOLE 1 16 0 380
TRIQUINT SEMICONDUCTOR 89674K103 6 1835 SH SOLE 1 0 0 1835
TRUSTMARK CORP COM 898402102 347 16059 SH SOLE 1 16059 0 0
TYLER TECHNOLOGIES INC COM 902252105 18 1475 SH SOLE 1 59 0 1416
UGI CORP NEW 902681105 12 502 SH SOLE 1 502 0 0
USA TRUCK INC COM 902925106 284 20613 SH SOLE 1 20613 0 0
URS CORP NEW COM 903236107 23 554 SH SOLE 1 20 0 534
ULTRA PETROLEUM CORP-CAD 903914109 113 3286 SH SOLE 1 0 0 3286
UNILEVER NV NY NEW 904784709 220 8965 SH SOLE 1 416 0 8549
UNION PACIFIC CORP 907818108 22 451 SH SOLE 1 451 0 0
UNION PACIFIC CORP 907818108 210 4400 SH DEFINED 1 0 4400 0
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** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
UNITED BANCSHARES INC W VA 909907107 25 741 SH SOLE 1 29 0 712
UNITED FIRE & CAS CO COM 910331107 12 382 SH SOLE 1 15 0 367
UNITED NAT FOODS INC COM 911163103 46 2559 SH SOLE 1 0 0 2559
UNITED PARCEL SERVICE CLB 911312106 1 10 SH SOLE 1 10 0 0
UNITED TECHNOLOGIES CORP 913017109 373 6960 SH SOLE 1 233 0 6727
UNITEDHEALTH GROUP 91324P102 46 1723 SH SOLE 1 1723 0 0
VF CORPORATION 918204108 8 140 SH SOLE 1 0 0 140
VALSPAR CORP COM 920355104 28 1543 SH SOLE 1 0 0 1543
VANGUARD SHORT TERM BOND ETF 921937827 7 86 SH SOLE 1 86 0 0
VANGUARD TOTAL BOND MARKET ETF 921937835 55 700 SH SOLE 1 700 0 0
VANGUARD EUROPE PACIFIC ETF 921943858 68 2462 SH SOLE 1 2462 0 0
VANGUARD FTSE INT'L EQUITY 922042775 10 302 SH SOLE 1 302 0 0
VARIAN SEMICONDUCTOR EQUIP 922207105 13 715 SH SOLE 1 20 0 695
VECTREN CORP COM 92240G101 14 566 SH SOLE 1 43 0 523
VANGUARD INDEX FDS SM CP VAL ETF 922908611 233 5503 SH SOLE 1 0 0 5503
VANGUARD MID CAP ETF 922908629 283 6550 SH SOLE 1 6550 0 0
VANGUARD LARGE CAP ETF 922908637 685 16812 SH SOLE 1 16812 0 0
VANGUARD SMALL CAP ETF 922908751 216 5097 SH SOLE 1 5097 0 0
VERIZON COMMUNICATIONS 92343V104 484 14283 SH SOLE 1 7374 0 6909
VERIZON COMMUNICATIONS 92343V104 73 2142 SH DEFINED 1 1344 798 0
VIAD CORPORATION 92552R406 2 87 SH SOLE 1 87 0 0
VIACOM INC NEW CL B 92553P201 1 67 SH SOLE 1 67 0 0
VISA INC COM CL A 92826C839 130 2474 SH SOLE 1 130 0 2344
VODAFONE GROUP PLC NEW SPONS ADR
NEW 92857W209 209 10208 SH SOLE 1 1896 0 8312
VODAFONE GROUP PLC NEW SPONS ADR
NEW 92857W209 10 494 SH DEFINED 1 0 494 0
W.P.CAREY & CO., LLC 92930Y107 12 500 SH SOLE 1 500 0 0
WPP PLC ADR 92933H101 76 2584 SH SOLE 1 71 0 2513
WACHOVIA CORP NEW COM 929903102 1 173 SH SOLE 1 173 0 0
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** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
WADDELL & REED FINANCIAL INC CLASS A 930059100 26 1714 SH SOLE 1 53 0 1661
WAL MART STORES INC COM 931142103 1781 31778 SH SOLE 1 28278 0 3500
WAL MART STORES INC COM 931142103 50 886 SH DEFINED 1 886 0 0
WALGREEN CO COM 931422109 44 1804 SH SOLE 1 1804 0 0
WASTE CONNECTIONS INC 941053100 31 994 SH SOLE 1 39 0 955
WASTE MANAGEMENT INC NEW 94106L109 100 3011 SH SOLE 1 0 0 3011
WATSON WYATT & CO HLDGS CLASS A 942712100 33 698 SH SOLE 1 26 0 672
WELLS FARGO & CO. NEW 949746101 35 1179 SH SOLE 1 874 0 305
WENDYS / ARBYS GROUP INC COM 950587105 6 1280 SH SOLE 1 75 0 1205
WEST PHARMACEUTICAL SVSC INC COM 955306105 46 1230 SH SOLE 1 0 0 1230
WESTAR ENERGY INC 95709T100 29 1419 SH SOLE 1 747 0 672
WESTERN DIGITAL CORP 958102105 2 200 SH SOLE 1 200 0 0
WESTERN UNION CO 959802109 109 7581 SH SOLE 1 208 0 7373
WEYERHAEUSER CO COM 962166104 1 25 SH SOLE 1 25 0 0
WHIRLPOOL CORP 963320106 5 115 SH SOLE 1 0 0 115
WILEY JOHN & SONS INC CL A 968223206 10 293 SH SOLE 1 12 0 281
WILLIAMS COMPANY COMMON 969457100 10 701 SH SOLE 1 701 0 0
WIND RIVER SYSTEMS INC COM 973149107 21 2377 SH SOLE 1 0 0 2377
WINDSTREAM, INC 97381W104 8 877 SH SOLE 1 0 0 877
WINTRUST FINL CORP 97650W108 13 629 SH SOLE 1 0 0 629
WISDOM TREE TR DIV TOP 100 FD 97717W406 258 7565 SH SOLE 1 7565 0 0
WOODWARD GOVERNOR CO COM 980745103 36 1581 SH SOLE 1 0 0 1581
WYETH 983024100 77 2043 SH SOLE 1 1793 0 250
XT0 ENERGY INC 98385X106 404 11449 SH SOLE 1 393 0 11056
XCEL ENERGY INC 98389B100 18 977 SH SOLE 1 977 0 0
XEROX 984121103 6 760 SH SOLE 1 0 0 760
YUM BRANDS INC 988498101 450 14281 SH SOLE 1 12178 0 2103
ZEBRA TECHNOLOGIES CORP CL A 989207105 35 1712 SH SOLE 1 0 0 1712
ZIMMER HLDGS INC 98956P102 8 196 SH SOLE 1 196 0 0
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** VOTING AUTHORITY **
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TITLE
TITLE OF MKT VAL SH/ PUT/ INVESTMENT OTHER NAME OF OF
NAME OF ISSUER CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE ISSUER CLASS
-------------- ------------- --------- ------- -------- --- ---- ---------- -------- ------- ------- -------
ZIONS BANCORPORATION COM 989701107 54 2198 SH SOLE 1 0 0 2198
GRAND TOTALS 457175 12014823 2709825 7962316 1342682
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