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, 2002
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: 555
Form 13F Information Table Value Total: $383,689
(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
--------------- -------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ----
DAIMLERCHRYSLER AG ORD D1668R123 2 49 SH SOLE 1 49 0 0
ACE LIMITED G0070K103 114 2755 SH SOLE 1 2635 0 120
GLOBAL SANTAFE CORP G3930E101 96 2955 SH SOLE 1 2820 0 135
TRANSOCEAN SEDCO FOREX INC G90078109 12 373 SH SOLE 1 273 0 100
TRANSOCEAN SEDCO FOREX INC G90078109 2 77 SH DEFINED 1 77 0 0
A F L A C INC 001055102 194 6600 SH SOLE 1 6600 0 0
AGL RESOURCES, INC 001204106 25 1090 SH SOLE 1 1090 0 0
AES CORPORATION 00130H105 15 1740 SH SOLE 1 1740 0 0
AOL TIME WARNER 00184A105 203 8610 SH SOLE 1 8105 0 505
AOL TIME WARNER 00184A105 21 900 SH DEFINED 1 900 0 0
AT&T CORP 001957109 621 39558 SH SOLE 1 38958 0 600
AT&T CORP 001957109 9 599 SH DEFINED 1 599 0 0
AT&T WIRELESS SVCS INC 00209A106 107 11971 SH SOLE 1 11571 0 400
AT&T WIRELESS SVCS INC 00209A106 1 192 SH DEFINED 1 192 0 0
ABBOTT LAB 002824100 1545 29379 SH SOLE 1 28869 0 510
ABBOTT LAB 002824100 299 5688 SH DEFINED 1 800 4288 600
ADAMS EXPRESS CO COM 006212104 136 9692 SH SOLE 1 9692 0 0
ADVANCED MICRO DEVICES INC 007903107 34 2350 SH SOLE 1 2350 0 0
ADVANCED MICRO DEVICES INC 007903107 2 200 SH DEFINED 1 200 0 0
ADVANCED ENVIRON 007947104 16 7000 SH SOLE 1 7000 0 0
RECYCLING TCL A
AETNA INC COM 00817Y108 7 200 SH DEFINED 1 0 0 200
AGILENT TECHNOLOGIES, INC. 00846U101 135 3881 SH SOLE 1 3881 0 0
AGILENT TECHNOLOGIES, INC. 00846U101 3 100 SH DEFINED 1 0 0 100
AGNICO EAGLE MINES 008474108 6 500 SH SOLE 1 500 0 0
AIR PRODS & CHEMS INC COM 009158106 20 400 SH DEFINED 1 400 0 0
ALCOA INC 013817101 63 1681 SH SOLE 1 1611 0 70
ALCOA INC 013817101 15 400 SH DEFINED 1 400 0 0
ALLEGHENY ENERGY INC 017361106 8 200 SH SOLE 1 200 0 0
ALLIANCE CAP MGMT HLDG L P 01855A101 139 3000 SH SOLE 1 2870 0 130
ALLIANCE CAP MGMT HLDG L P 01855A101 92 2000 SH DEFINED 1 2000 0 0
ALLIED CAP CORP NEW COM 01903Q108 8 300 SH SOLE 1 300 0 0
ALLSTATE CORP COMMON 020002101 226 5992 SH SOLE 1 5992 0 0
ALLSTATE CORP COMMON 020002101 22 604 SH DEFINED 1 310 0 294
ALLTEL CORP 020039103 297 5364 SH SOLE 1 5364 0 0
ALLTEL CORP 020039103 605 10900 SH DEFINED 1 10900 0 0
AMERICAN ELECTRIC POWER 025537101 219 4760 SH SOLE 1 3360 0 1400
AMERICAN ELECTRIC POWER 025537101 22 498 SH DEFINED 1 498 0 0
AMER EXPRESS CO 025816109 114 2800 SH SOLE 1 2800 0 0
AMERICAN INTERNATIONAL GROUP, INC 026874107 20 284 SH SOLE 1 284 0 0
AMERICAN INTERNATIONAL GROUP, INC 026874107 10 150 SH DEFINED 1 150 0 0
AMERICAN SPECTRUM REALTY 02970Q104 4 591 SH SOLE 1 591 0 0
INC
AMERUS LIFE HOLDINGS 03072M108 27 712 SH SOLE 1 712 0 0
AMGEN INC 031162100 5 100 SH SOLE 1 100 0 0
AMGEN INC 031162100 11 200 SH DEFINED 1 200 0 0
AMSOUTH BANCORPORATION 032165102 4165 189591 SH SOLE 1 189591 0 0
ANADARKO PETE CORP 032511107 82 1464 SH DEFINED 1 0 1464 0
ANHEUSER-BUSCH COMPANIES 035229103 1408 26979 SH SOLE 1 23374 0 3605
ANHEUSER-BUSCH COMPANIES 035229103 187 3600 SH DEFINED 1 3600 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 53 1100 SH SOLE 1 1100 0 0
APPLE COMP INC 037833100 75 3200 SH DEFINED 1 3200 0 0
APPLIED MATERIALS INC 038222105 352 6500 SH SOLE 1 6500 0 0
ARCHER-DANIELS-MIDLAND 039483102 3 279 SH SOLE 1 279 0 0
COMPANY
ARVINMERITOR 043353101 4 168 SH SOLE 1 168 0 0
AT HOME 045919107 3 3800 SH DEFINED 1 3800 0 0
AUTO DATA PROCESS 053015103 303 5200 SH SOLE 1 5200 0 0
AUTO DATA PROCESS 053015103 186 3200 SH DEFINED 1 3200 0 0
AUTOZONE 053332102 68 1000 SH SOLE 1 1000 0 0
AUTOZONE 053332102 36 530 SH DEFINED 1 530 0 0
AVAYA INC 053499109 1 235 SH SOLE 1 235 0 0
AVON PRODUCTS INC COM 054303102 38 700 SH SOLE 1 700 0 0
AXA-UAP ADR 054536107 5 236 SH SOLE 1 236 0 0
AXCELIS TECHNOLOGIES INC 054540109 31 2181 SH SOLE 1 2181 0 0
BP AMOCO PLC SPONSORED ADR 055622104 716 13502 SH SOLE 1 12502 0 1000
BP AMOCO PLC SPONSORED ADR 055622104 251 4736 SH DEFINED 1 4736 0 0
BANCORP MS 05969210X 551 28000 SH SOLE 1 28000 0 0
BANCORPSOUTH INC 059692103 16448 834534 SH SOLE 1 834534 0 1000
BANCORPSOUTH INC 059692103 2839 144047 SH DEFINED 1 140781 2592 674
BANKAMERICA CORP NEW COM 060505104 1399 20570 SH SOLE 1 20570 0 0
BANKAMERICA CORP NEW COM 060505104 102 1510 SH DEFINED 1 1510 0 0
BANK OF THE OZARKS, INC 063904106 705 23800 SH DEFINED 1 23800 0 0
BANK OF NEW YORK 064057102 117 2805 SH SOLE 1 2680 0 125
BANK ONE CORP COM 06423A103 136 3268 SH SOLE 1 3268 0 0
BANK ONE CORP COM 06423A103 61 1482 SH DEFINED 1 0 1482 0
BAXTER INTL INC 071813109 277 4665 SH SOLE 1 4585 0 80
BEAR STEARNS COS INC 073902108 72 1157 SH SOLE 1 1157 0 0
BELLSOUTH CORP 079860102 1427 38738 SH SOLE 1 38738 0 0
BELLSOUTH CORP 079860102 26 732 SH DEFINED 1 732 0 0
BERKSHIRE HATHAWAY "A" 084670108 71 1 SH SOLE 1 1 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 7 3 SH DEFINED 1 3 0 0
BIOGEN N V 090597105 49 1000 SH SOLE 1 1000 0 0
BLACKROCK INVT QUALITY 09247D105 39 3000 SH SOLE 1 3000 0 0
MUNI TR INC
MF BLACKROCK INCOME TRUST 09247F100 22 3000 SH SOLE 1 3000 0 0
BLACKSTONE INVESTMENT QUALITY 09247J102 38 4155 SH SOLE 1 4155 0 0
TERM TRUST
BLOCK H & R INC COM 093671105 101 2285 SH SOLE 1 2185 0 100
BOEING INC 097023105 201 4180 SH SOLE 1 3380 0 800
BOEING INC 097023105 19 400 SH DEFINED 1 400 0 0
BOWATER INC 102183100 117 2365 SH SOLE 1 2265 0 100
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
--------------- -------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ----
BRISTOL MYERS SQUIBB CO 110122108 1162 28722 SH SOLE 1 26642 0 2080
BRISTOL MYERS SQUIBB CO 110122108 190 4700 SH DEFINED 1 4700 0 0
BULL RUN CORP GEORGIA 120182100 3 3400 SH SOLE 1 3400 0 0
BURLINGTON NORTHERN/ 12189T104 28 930 SH SOLE 1 930 0 0
SANTA FE CORP
CBRL GROUP INC COM 12489V106 21 750 SH SOLE 1 750 0 0
CIGNA CORPORATION 125509109 45 450 SH SOLE 1 450 0 0
CLECO CORP COM 12561W105 9 400 SH SOLE 1 400 0 0
CADBURY SCHWEPPES PLC ADR 127209302 33 1200 SH SOLE 1 1200 0 0
CALLAWAY GOLF CO 131193104 3 200 SH SOLE 1 0 0 200
CAMPBELL SOUP CO COM 134429109 10 400 SH SOLE 1 400 0 0
CAPITAL ONE FINL CORP COM 14040H105 468 7345 SH SOLE 1 7225 0 120
CARDINAL HEALTH INC COM 14149Y108 31 447 SH SOLE 1 447 0 0
CATERPILLAR INC 149123101 238 4200 SH SOLE 1 3700 0 500
CELL PATHWAYS INC 15114R101 0 100 SH SOLE 1 100 0 0
CENTURYTEL, INC 156700106 166 4902 SH SOLE 1 4902 0 0
CERTEGY INC 156880106 3 100 SH SOLE 1 100 0 0
CHARTER COMMUNICATIONS DEL CL A 16117M107 6 600 SH SOLE 1 600 0 0
INC
CHEVRONTEXACO CORP 166764100 1717 19024 SH SOLE 1 18969 0 55
CHEVRONTEXACO CORP 166764100 69 770 SH DEFINED 1 770 0 0
CHOICEPOINT INC 170388102 3 60 SH SOLE 1 60 0 0
CHUBB CORPORATION 171232101 402 5500 SH SOLE 1 5500 0 0
CISCO SYS INC 17275R102 711 42010 SH SOLE 1 41365 0 645
CISCO SYS INC 17275R102 44 2600 SH DEFINED 1 2000 0 600
CITIGROUP, INC 172967101 909 18372 SH SOLE 1 18267 0 105
CITIGROUP, INC 172967101 409 8263 SH DEFINED 1 8263 0 0
COCA COLA BOTTLING CO CONS COM 191098102 23 470 SH SOLE 1 470 0 0
COCA COLA CO 191216100 1805 34555 SH SOLE 1 32755 0 1800
COCA COLA CO 191216100 329 6300 SH DEFINED 1 5300 0 1000
COCA COLA ENTERPRISES INC COM 191219104 73 3900 SH SOLE 1 3900 0 0
COLGATE-PALMOLIVE CO 194162103 272 4773 SH SOLE 1 4773 0 0
COLGATE-PALMOLIVE CO 194162103 11 200 SH DEFINED 1 0 0 200
COLONIAL HIGH INCOME MUNICIPAL 195743109 1 200 SH SOLE 1 200 0 0
TRUST
COMCAST 200300200 25 800 SH DEFINED 1 800 0 0
COMPAQ COMPUTER CORP 204493100 212 20315 SH SOLE 1 19815 0 500
COMPUTER ASSOC INTL INC COM 204912109 17 800 SH SOLE 1 800 0 0
COMPUTER SCIENCES 205363104 5 99 SH DEFINED 1 0 0 99
CORPORATION COMMON
CONAGRA FOODS INC COM 205887102 4 200 SH DEFINED 1 200 0 0
CONECTIV INC COM 206829103 16 675 SH SOLE 1 675 0 0
CONEXANT SYS INC COM 207142100 2 176 SH SOLE 1 176 0 0
CONOCO INC 208251504 11 395 SH SOLE 1 395 0 0
CONSECO 208464107 2 560 SH DEFINED 1 560 0 0
CONSECO STRATEGIC INC FD SH BEN INT 20847A102 7 866 SH SOLE 1 866 0 0
CONSOLIDATED EDISON INC 209115104 58 1400 SH SOLE 1 1400 0 0
COM
CONSTELLATION ENERGY CORP 210371100 12 400 SH DEFINED 1 400 0 0
COOPER TIRE & RUBBER CO 216831107 21 1000 SH SOLE 1 0 0 1000
COOPER TIRE & RUBBER CO 216831107 2 100 SH DEFINED 1 100 0 0
CORNING INC 219350105 13 1800 SH SOLE 1 1800 0 0
CORRECTIONS CORP OF 22025Y308 1 60 SH SOLE 1 60 0 0
AMERICA
CORRECTIONS CORP OF 22025Y407 11 880 SH SOLE 1 880 0 0
AMERICA
CYPRESS SEMICONDUCTOR 232806109 11 500 SH SOLE 1 500 0 0
DPL INC COM 233293109 50 1985 SH SOLE 1 1485 0 500
DANA CORP 235811106 18 866 SH SOLE 1 866 0 0
DANKA BUSINESS SYS PLC SPONSORED 236277109 19 5000 SH SOLE 1 5000 0 0
ADR
DEERE & CO 244199105 234 5140 SH SOLE 1 4995 0 145
DELL COMPUTER 247025109 442 16945 SH SOLE 1 16845 0 100
DELL COMPUTER 247025109 28 1100 SH DEFINED 1 1100 0 0
DELPHI AUTO SYSTEMS 247126105 5 343 SH SOLE 1 343 0 0
DELTA & PINE LD CO COM 247357106 13 709 SH SOLE 1 709 0 0
DELTA AIRLINES INC 247361108 6 200 SH SOLE 1 200 0 0
DELTIC TIMBER INC 247850100 459 15188 SH SOLE 1 15188 0 0
DELTIC TIMBER INC 247850100 19540 645971 SH DEFINED 1 242423 403548 0
DIAMOND OFFSHORE DRILLING INC 25271C102 1 50 SH SOLE 1 50 0 0
WALT DISNEY CO 254687106 17 760 SH SOLE 1 760 0 0
WALT DISNEY CO 254687106 13 600 SH DEFINED 1 600 0 0
DOMINION RES INC VA NEW 25746U109 88 1364 SH SOLE 1 1364 0 0
DONNELLEY RR & SONS 257867101 24 800 SH SOLE 1 800 0 0
DOW CHEMICAL CO 260543103 557 17024 SH SOLE 1 17024 0 0
DOW CHEMICAL CO 260543103 15 483 SH DEFINED 1 483 0 0
DREYFUS STRATEGIC 261932107 20 2086 SOLE 1 2086 0 0
MUNICIPALS INC
DREYFUS MUNICIPAL INCOME 26201R102 15 1832 SOLE 1 1832 0 0
INC
DREYFUS STRATEGIC MUN BD 26202F107 23 2841 SH SOLE 1 2841 0 0
FD INC
DU PONT El D NEMOURS & CO 263534109 202 4297 SH SOLE 1 4297 0 0
DUKE ENERGY CORP COM 264399106 228 6054 SH SOLE 1 6054 0 0
DUKE ENERGY CORP COM 264399106 7 200 SH DEFINED 1 200 0 0
DUN & BRADSTREET NW 26483E100 12 300 SH SOLE 1 300 0 0
DYNEX CAP INC COM NEW 26817Q506 0 106 SH DEFINED 1 106 0 0
EEX CORP COM NEW 26842V207 0 66 SH SOLE 1 66 0 0
EMC CORP 268648102 48 4100 SH SOLE 1 4100 0 0
EMC CORP 268648102 47 4000 SH DEFINED 1 4000 0 0
E TRADE GROUP INC 269246104 37 4000 SH SOLE 1 4000 0 0
EASTMAN KODAK CO 277461109 31 1000 SH SOLE 1 1000 0 0
EASTMAN KODAK CO 277461109 0 26 SH DEFINED 1 26 0 0
EATON CORP COM 278058102 133 1650 SH SOLE 1 1650 0 0
ECHOSTAR COMMUN 278762109 2 100 SH SOLE 1 100 0 0
EDWARDS LIFESCIENCES CORP 28176E108 6 240 SH SOLE 1 240 0 0
A.G.EDWARDS INC 281760108 116 2650 SH SOLE 1 2525 0 125
EL PASO CORPORATION 28336L109 112 2549 SH SOLE 1 2549 0 0
EL PASO CORPORATION 28336L109 8 200 SH DEFINED 1 0 0 200
ELECTRONIC DATA SYS CORP 285661104 108 1875 SH SOLE 1 1875 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
--------------- -------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ----
NEW
EMERSON ELECTRIC CO 291011104 137 2400 SH SOLE 1 2400 0 0
EMERSON ELECTRIC CO 291011104 20 350 SH DEFINED 1 350 0 0
ENCORE WIRE CORP COM 292562105 345 20900 SH SOLE 1 13900 0 7000
ENERGY EAST CORP COM 29266M109 4 200 SH SOLE 1 200 0 0
ENGELHARD CORP 292845104 7 253 SH DEFINED 1 0 0 253
ENTERASYS NETWORKS INC 293637104 0 200 SH SOLE 1 200 0 0
ENTERGY CORP 29364G103 246 5684 SH SOLE 1 4684 0 1000
ENTERGY CORP 29364G103 25 593 SH DEFINED 1 593 0 0
EQUIFAX INC 294429105 5 200 SH SOLE 1 200 0 0
EQUITY INNS, INC 294703103 12 1500 SH DEFINED 1 1500 0 0
EQUITY RESIDENTIAL PPTYS 29476L107 12 436 SH SOLE 1 436 0 0
SBI
EXELON CORP 30161N101 11 218 SH DEFINED 1 218 0 0
EXXON MOBIL CORP 30231G102 9184 209594 SH SOLE 1 207649 0 1945
EXXON MOBIL CORP 30231G102 1391 31756 SH DEFINED 1 21356 4800 5600
FPL GROUP INC 302571104 159 2675 SH SOLE 1 2575 0 100
FREDDIE MAC HMN LN MTG 313400301 15 250 SH SOLE 1 250 0 0
CORP VOTING COM
FNMA COM 313586109 111 1400 SH SOLE 1 1400 0 0
FEDERAL REALTY INVT TR SH BEN 313747206 25 1000 SH SOLE 1 1000 0 0
INT NEW
FEDEX CORPORATION 31428X106 58 1000 SH SOLE 1 1000 0 0
FIRST DATA CORP COM 319963104 21 250 SH DEFINED 1 250 0 0
FIRST INDL RLTY TR INC 32054K103 15 450 SH SOLE 1 450 0 0
FIRST M & F CORP 320744105 30 1293 SH SOLE 1 1293 0 0
FIRST TENNESSEE NATIONAL 337162101 4976 142028 SH SOLE 1 142028 0 0
CORP
FISERV INC 337738108 77 1675 SH SOLE 1 1600 0 75
FIRST ENERGY CORP COMMON 337932107 3 100 SH SOLE 1 100 0 0
FLEET BOSTON CORP 339030108 61 1765 SH SOLE 1 1765 0 0
FLUOR CORP 343412102 12 300 SH SOLE 1 300 0 0
FLUOR CORP 343412102 3 96 SH DEFINED 1 96 0 0
FOAMEX INT'L INC 344123104 195 20050 SH SOLE 1 20050 0 0
FORD MOTOR COMPANY COMMON 345370860 38 2334 SH SOLE 1 2334 0 0
FORD MOTOR COMPANY COMMON 345370860 14 874 SH DEFINED 1 874 0 0
GALLAGHER ARTHUR J & CO 363576109 82 2525 SH SOLE 1 2415 0 110
GAP INC DEL COM 364760108 22 1500 SH SOLE 1 1500 0 0
GATEWAY INC 367626108 2 430 SH SOLE 1 430 0 0
GENERAL ELECTRIC CO 369604103 4827 128918 SH SOLE 1 128248 0 670
GENERAL ELECTRIC CO 369604103 275 7345 SH DEFINED 1 6145 0 1200
GENERAL MLS INC COM 370334104 35 720 SH SOLE 1 720 0 0
GENERAL MLS INC COM 370334104 0 20 SH DEFINED 1 0 0 20
GEN MTR CORP 370442105 40 673 SH SOLE 1 673 0 0
GENOME THERAPEUTICS CORP COM 372430108 5 1000 SH SOLE 1 0 0 1000
GEORGIA PAC CORP 373298108 60 2020 SH SOLE 1 2020 0 0
GERON CORP COM 374163103 2 300 SH SOLE 1 300 0 0
GILLETTE CO 375766102 148 4361 SH SOLE 1 4161 0 200
GILLETTE CO 375766102 125 3685 SH DEFINED 1 3685 0 0
GLAXO WELLCOME PLC ADR 37733W105 31 669 SH SOLE 1 0 0 669
SPONSORED
GLAXO WELLCOME PLC ADR 37733W105 28 600 SH DEFINED 1 600 0 0
SPONSORED
GLOBAL SPORTS INC 37937A107 0 29 SH SOLE 1 29 0 0
B F GOODRICH 382388106 12 400 SH DEFINED 1 400 0 0
GOODYEAR TIRE & RUBBER 382550101 15 618 SH SOLE 1 618 0 0
GREAT LAKES CHEM CORP COM 390568103 50 1785 SH DEFINED 1 1785 0 0
GREAT PLAINS ENERGY INC 391164100 46 1855 SH SOLE 1 1855 0 0
GUIDANT CORP COM 401698105 151 3500 SH SOLE 1 3500 0 0
HCA- THE HEALTHCARE CO 404119109 6 150 SH SOLE 1 150 0 0
HCA- THE HEALTHCARE CO 404119109 55 1250 SH DEFINED 1 1250 0 0
HCB BANCSHARES INC COM 40413N106 22 1500 SH SOLE 1 1500 0 0
HALLIBURTON CO COM 406216101 14 850 SH SOLE 1 850 0 0
HALLIBURTON CO COM 406216101 10 600 SH DEFINED 1 600 0 0
HANCOCK FABRICS 409900107 28 1600 SH SOLE 1 1600 0 0
HANCOCK HLDG CO CAP VALUE 410120109 155 2897 SH SOLE 1 2897 0 0
JOHN HANCOCK 41014S106 12 319 SH SOLE 1 319 0 0
HARRIS CORP 413875105 53 1494 SH SOLE 1 1494 0 0
HARTFORD FNCL SV GRP INC 416515104 13 200 SH DEFINED 1 200 0 0
COM
HASBRO, INC 418056107 12 787 SH DEFINED 1 787 0 0
HATTERAS INCOME SECS INC COM 419025101 2 200 SH SOLE 1 200 0 0
HEALTHSOUTH CORP 421924101 181 12665 SH SOLE 1 12165 0 500
HEINZ H J CO COM 423074103 11 273 SH SOLE 1 273 0 0
HEWLETT PACKARD CO 428236103 167 9322 SH SOLE 1 9322 0 0
HEWLETT PACKARD CO 428236103 7 400 SH DEFINED 1 0 0 400
HIBERNIA CORP 428656102 6694 350686 SH SOLE 1 349786 0 900
HIBERNIA CORP 428656102 17 900 SH DEFINED 1 900 0 0
HIGH INCOME OPPORTUNITY FD 42967Q105 18 2500 SH SOLE 1 2500 0 0
HIGHLANDS INS GROUP 431032101 0 12000 SH SOLE 1 12000 0 0
HOME DEPOT 437076102 952 19597 SH SOLE 1 19597 0 0
HOME DEPOT 437076102 74 1532 SH DEFINED 1 1532 0 0
HONEYWELL INTL INC 438516106 215 5620 SH SOLE 1 5620 0 0
HUBBELL INC CL B 443510201 32 1000 SH SOLE 1 1000 0 0
ICN PHARMACEUTICALS INC 448924100 16 525 SH SOLE 1 0 0 525
NEW COM
ILLINOIS TOOL WORKS INC 452308109 5 76 SH SOLE 1 76 0 0
ILLINOIS TOOL WORKS INC 452308109 18 250 SH DEFINED 1 250 0 0
IMATION CORP 45245A107 1 46 SH SOLE 1 46 0 0
INTEL CORP CAP 458140100 1192 39234 SH SOLE 1 39234 0 0
INTEL CORP CAP 458140100 145 4780 SH DEFINED 1 3980 0 800
IBM CORP 459200101 3459 33264 SH SOLE 1 30904 0 2360
IBM CORP 459200101 132 1275 SH DEFINED 1 475 800 0
INTL PAPER CO 460146103 126 2948 SH SOLE 1 2948 0 0
INTL PAPER CO 460146103 62 1450 SH DEFINED 1 150 1100 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
--------------- -------- --------- -------- -------- --- ---- ---------- -------- ------- ------- ----
INTUIT 461202103 109 2855 SH SOLE 1 2710 0 145
JDS UNI PHASE CORP COM 46612J101 0 120 SH SOLE 1 120 0 0
J P MORGAN CHASE & CO 46625H100 103 2894 SH SOLE 1 2894 0 0
J P MORGAN CHASE & CO 46625H100 66 1875 SH DEFINED 1 1875 0 0
JEFFERSON PILOT 475070108 22 450 SH DEFINED 1 450 0 0
CORPORATION
JOHNSON & JOHNSON 478160104 3431 52826 SH SOLE 1 51626 0 1200
JOHNSON & JOHNSON 478160104 610 9400 SH DEFINED 1 5000 1200 3200
JOHNSON CONTROLS INC 478366107 79 905 SH SOLE 1 865 0 40
K MART CORP COM 482584109 1 1000 SH SOLE 1 1000 0 0
KELLOGG CO 487836108 6 200 SH SOLE 1 200 0 0
KERR-MCGEE CORPORATION INC 492386107 1 25 SH SOLE 1 25 0 0
KIMBERLY-CLARK CORP 494368103 19 300 SH SOLE 1 300 0 0
KIMBERLY-CLARK CORP 494368103 25 400 SH DEFINED 1 400 0 0
KINDER MORGAN ENERGY 494550106 7 232 SH SOLE 1 232 0 0
PARTNERS, L.P
KROGER CO 501044101 20 908 SH SOLE 1 908 0 0
LACLEDE GROUP INC 505597104 6 300 SH SOLE 1 300 0 0
LACLEDE GROUP INC 505597104 20 900 SH DEFINED 1 900 0 0
ESTEE LAUDER CO 518439104 20 600 SH DEFINED 1 600 0 0
LEAR CORP COM 521865105 4 100 SH SOLE 1 100 0 0
LEHMAN BROTHERS HOLDINGS 524908100 162 2520 SH SOLE 1 2420 0 100
COM
LEVEL 3 COMMUNICATIONS INC 52729N100 21 6037 SH SOLE 1 6037 0 0
LEXMARK INTL NEW CL A 529771107 102 1790 SH SOLE 1 1715 0 75
THE LIBERTY CORPORATION 530370105 135 3400 SH SOLE 1 3400 0 0
LIFEPOINT HOSPS INC 53219L109 2 65 SH DEFINED 1 65 0 0
ELI LILLY & CO 532457108 727 9550 SH SOLE 1 9550 0 0
ELI LILLY & CO 532457108 114 1500 SH DEFINED 1 1500 0 0
LINCOLN NATIONAL CORP IND 534187109 30 600 SH SOLE 1 600 0 0
LOUISIANA PAC CORP COM 546347105 10 1016 SH SOLE 1 1016 0 0
LOWES CO INC 548661107 336 7745 SH SOLE 1 7575 0 170
LUCENT TECHNOLOGIES 549463107 157 33291 SH SOLE 1 31091 0 2200
LUCENT TECHNOLOGIES 549463107 11 2450 SH DEFINED 1 2250 0 200
M & T BANK CORP 55261F104 160 2000 SH SOLE 1 2000 0 0
MFS INTER INCOME TR SH INT 55273C107 39 5900 SH SOLE 1 5900 0 0
BEN
MGNA ENTMT CORP 559211107 0 20 SH SOLE 1 20 0 0
MANULIFE FINANCIAL CORP 56501R106 659 24019 SH SOLE 1 24019 0 0
MARSH & MCLENNAN 571748102 67 600 SH SOLE 1 600 0 0
MASCO CORPORATION 574599106 0 14 SH SOLE 1 14 0 0
MASSEY ENERGY CORP 576206106 6 396 SH SOLE 1 396 0 0
MCCORMICK & CO 579780206 122 2400 SH SOLE 1 2295 0 105
MCDATA CORP CLASS A 580031201 0 73 SH DEFINED 1 73 0 0
MCDONALD'S CORP 580135101 99 3600 SH SOLE 1 3600 0 0
MCDONALD'S CORP 580135101 16 600 SH DEFINED 1 600 0 0
MCGRAW HILL COS INC 580645109 17 250 SH DEFINED 1 250 0 0
MEDTRONIC INC COM 585055106 65 1460 SH SOLE 1 1460 0 0
MELLON FINL CORP 58551A108 38 1000 SH SOLE 1 1000 0 0
MERCK & CO INC 589331107 2071 35970 SH SOLE 1 34595 0 1375
MERCK & CO INC 589331107 230 4000 SH DEFINED 1 3500 0 500
MERRILL LYNCH & CO, INC 590188108 17 320 SH SOLE 1 320 0 0
METLIFE INC COM 59156R108 64 2049 SH SOLE 1 2049 0 0
MICROSOFT CORP 594918104 1014 16820 SH SOLE 1 16255 0 565
MICROSOFT CORP 594918104 24 400 SH DEFINED 1 0 0 400
MICRON TECHNOLOGY 595112103 65 2000 SH SOLE 1 2000 0 0
MID-AMERICA APARTMENT 59522J103 26 1000 SH DEFINED 1 1000 0 0
CMNTYS
MIDAS GROUP INC 595626102 9 666 SH SOLE 1 666 0 0
MILLER HERMAN INC COM 600544100 92 3880 SH SOLE 1 3880 0 0
MINNESOTA MNG & MFG CO 604059105 134 1166 SH SOLE 1 1166 0 0
MIRANT CORP 604675108 55 3849 SH SOLE 1 3849 0 0
MIRANT CORP 604675108 21 1455 SH DEFINED 1 1455 0 0
MISSISSIPPI CHEMICAL CORP 605288208 4 1492 SH SOLE 1 1492 0 0
MOODYS CORP 615369105 12 300 SH SOLE 1 300 0 0
MORGAN STANLEY DEAN 617446448 231 4040 SH SOLE 1 4040 0 0
WITTER DISCOVER & CO
MORGAN STANLEY DEAN 617446448 14 260 SH DEFINED 1 260 0 0
WITTER DISCOVER & CO
MORGAN STANLEY DEAN 61745P304 1 1700 SH SOLE 1 1700 0 0
WITTER HI INCOME ADV TR II
MOTOROLA INC 610076109 250 17643 SH SOLE 1 17468 0 175
MOTOROLA INC 620076109 110 7766 SH DEFINED 1 7466 0 300
MUNICIPAL MORTGAGE & 62624B101 96 4000 SH SOLE 1 4000 0 0
EQUITY LLC - GROWTH SH
MUNIVEST FD INC COM 626295109 42 5000 SOLE 1 5000 0 0
MUNIYIELD INSURED 62630E107 43 3200 SOLE 1 3200 0 0
MURPHY OIL CORP COM 626717102 5055 52661 SH SOLE 1 52661 0 0
MURPHY OIL CORP COM 626717102 223070 2323653 SH DEFINED 1 1032683 1290970 0
MYLAN LABORATORIES INC 628530107 124 4218 SH SOLE 1 4053 0 165
NBC CAP CORP 628729105 100 3372 SH SOLE 1 3372 0 0
NCR CORP NEW 62886E108 2 64 SH SOLE 1 64 0 0
NASDAQ 100 TRUST 631100104 7 200 SH SOLE 1 200 0 0
NELSON, THOMAS INC 640376109 2 187 SH SOLE 1 187 0 0
NICOR INC COM 654086107 36 800 SH SOLE 1 800 0 0
NIKE INC CLASS B 654106103 251 4195 SH SOLE 1 4070 0 125
NOBLE AFFILIATES INC COM 654894104 39 1000 SH SOLE 1 1000 0 0
NOKIA CORP SPND ADR 654902204 33 1600 SH SOLE 1 1600 0 0
NOBLE DRILLING CORP COM 655042109 12 300 SH SOLE 1 300 0 0
NORFOLK SO CORP 655844108 46 1934 SH SOLE 1 1934 0 0
NORTEL NETWORK CORP NEW 656568102 22 5000 SH SOLE 1 5000 0 0
NORTHERN TRUST COMPANY 665859104 106 1780 SH SOLE 1 1780 0 0
CNTRS
NORTHERN TRUST COMPANY 665859104 240 4000 SH DEFINED 1 3600 0 400
CNTRS
NORTHWESTERN CORPORATION 668074107 7 330 SH SOLE 1 330 0 0
NUVEEN INSD PREMIUM INCOME 6706D8104 4 338 SOLE 1 338 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
--------------- -------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ----
MUNI FD
NUVEEN MUNICIPAL MARKET 67062W103 48 3529 SOLE 1 3529 0 0
OPP
OKLAHOMA GAS & ELEC CORP 670837103 112 4700 SH SOLE 1 4700 0 0
ENERGY
OKLAHOMA GAS & ELEC CORP 670837103 16 700 SH DEFINED 1 700 0 0
ENERGY
NUVEEN MUN VALUE FD INC 670928100 21 2300 SOLE 1 2300 0 0
NUVEEN INSD M OPP FD INC 670984103 46 3200 SOLE 1 3200 0 0
NUVEEN PREMIER MUNICIPAL 670988104 22 1565 SH SOLE 1 1565 0 0
INC
OCCIDENTAL PETE COR DEL 674599105 14 500 SH SOLE 1 500 0 0
OLIN CORP 680665205 3 166 SH DEFINED 1 166 0 0
OMNICOM GROUP 681919106 66 700 SH SOLE 1 700 0 0
ORACLE SYSTEMS CORP 68389X105 222 17380 SH SOLE 1 17130 0 250
ORACLE SYSTEMS CORP 68389X105 25 2000 SH DEFINED 1 800 0 1200
PPG INDUSTRIES INC 693506107 32 600 SH SOLE 1 600 0 0
PACIFIC CENTURY CYBERWORKS 694059106 6 2473 SH DEFINED 1 2473 0 0
PACTIV COPR 695257105 34 1747 SH SOLE 1 1747 0 0
PALM INC 696642107 5 1297 SH DEFINED 1 778 0 519
PENNEY J C INC COM 708160106 12 582 SH SOLE 1 582 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 14 367 SH SOLE 1 367 0 0
PEPSIAMERICAS INC 71343P200 57 4000 SH SOLE 1 4000 0 0
PEPSICO INC COM 713448108 1726 33528 SH SOLE 1 33413 0 115
PEPSICO INC COM 713448108 161 3130 SH DEFINED 1 1430 1100 600
PFIZER INC 717081103 3824 96265 SH SOLE 1 96080 0 185
PFIZER INC 717081103 131 3300 SH DEFINED 1 2400 0 900
PHARMACIA CORP 71713U102 840 18646 SH SOLE 1 18046 0 600
PHARMACIA CORP 71713U102 98 2180 SH DEFINED 1 1680 0 500
PHELPS DODGE CORP COM 717265102 0 20 SH SOLE 1 20 0 0
PHELPS DODGE CORP COM 717265102 21 500 SH DEFINED 1 500 0 0
PHILIP MORRIS COS INC COM 718154107 109 2075 SH SOLE 1 2075 0 0
PHILLIPS PETE CO 718507106 137 2186 SH SOLE 1 2186 0 0
PLACER DOME INC 725906101 2 170 SH SOLE 1 170 0 0
PLUM CREEK TIMBER CO INC 729251108 44 1493 SH SOLE 1 1493 0 0
POTLATCH CORP COM 737628107 5 150 SH SOLE 1 150 0 0
POTOMAC ELECTRIC POWER CO. 737679100 18 803 SH SOLE 1 803 0 0
PRAXAIR INC COM 74005P104 17 300 SH DEFINED 1 300 0 0
PRINCIPAL FINANCIAL GROUP 74251V102 39 1543 SH SOLE 1 1543 0 0
PROCTER & GAMBLE CO COM 742718109 704 7817 SH SOLE 1 7817 0 0
PROCTER & GAMBLE CO COM 742718109 458 5090 SH DEFINED 1 3690 0 1400
PROGRESS ENERGY INC COM 743263105 6 132 SH SOLE 1 132 0 0
PRUDENTIAL FINANCIAL 744320102 145 4672 SH SOLE 1 4672 0 0
PUBLIC STORAGE, INC REIT 74460D109 6 180 SH SOLE 1 180 0 0
PUTNAM MANAGED MUNICIPAL INCOME 746823103 3 500 DEFINED 1 0 0 500
TRUST
QLOGIC CORP COM 747277101 12 250 SH SOLE 1 250 0 0
QUALCOMM INC 747525103 7 200 SH SOLE 1 200 0 0
QWEST COMMUNICATIONS INTL 749121109 17 2097 SH SOLE 1 2097 0 0
INC COM
RH DONNELLEY CORP 74955W307 1 60 SH SOLE 1 60 0 0
RALCORP HOLDINGS NEW COM 751028101 1 66 SH DEFINED 1 0 0 66
RAYTHEON CO NEW 755111507 24 600 SH SOLE 1 600 0 0
REGIONS FNCL CORP 758940100 530 15457 SH SOLE 1 14257 0 1200
REGIONS FNCL CORP 758940100 61 1786 SH DEFINED 1 0 1786 0
RELIANT ENERGY INC 75952J108 132 5123 SH SOLE 1 4523 0 600
RELIANT ENERGY INC 75952J108 159 6201 SH DEFINED 1 5863 300 38
REYNOLDS R J TOB HLDGS INC 76182K105 98 1525 SH SOLE 1 1460 0 65
RIVERSTONE NETWORKS INC 769320102 0 102 SH SOLE 1 102 0 0
ROCKWELL INTL CORP NEW 773903109 3 177 SH SOLE 1 177 0 0
ROCKWELL COLLINS INC 774341101 4 177 SH SOLE 1 177 0 0
ROHM & HAAS CO COM 775371107 8 200 SH SOLE 1 200 0 0
ROUSE CO COM 779273101 3 100 SH SOLE 1 100 0 0
ROYAL DUTCH PETE CO NY REG 780257804 211 3893 SH SOLE 1 3818 0 75
GLD1.25
ROYAL DUTCH PETE CO NY REG 780257804 173 3200 SH DEFINED 1 3200 0 0
GLD1.25
RUBY TUESDAY INC 781182100 29 1260 SH DEFINED 1 0 0 1260
SBC COMMUNICATIONS, INC 78387G103 1790 47846 SH SOLE 1 47846 0 0
SBC COMMUNICATIONS, INC 78387G103 51 1380 SH DEFINED 1 1380 0 0
SAFECO CORP COM 786429100 32 1000 SH SOLE 1 1000 0 0
ST JUDE MEDICAL 790849103 121 1580 SH SOLE 1 1510 0 70
ST PAUL COS INC 792860108 41 914 SH SOLE 1 914 0 0
SALOMON BROS 2008 79548R103 10 1000 SH SOLE 1 1000 0 0
WORLDWIDE
SARA LEE CORP COM 803111103 16 800 SH SOLE 1 800 0 0
SCANA CORP NEW 80589M102 136 4467 SH SOLE 1 4282 0 185
SCHERING PLOUGH CORP COM 806605101 597 19089 SH SOLE 1 19089 0 0
SCHERING PLOUGH CORP COM 806605101 688 22000 SH DEFINED 1 2500 19500 0
SCHLUMBERGER LTD COM 806857108 114 1950 SH SOLE 1 1750 0 200
THE CHARLES SCHWAB CORP 808513105 19 1500 SH SOLE 1 1500 0 0
SCRIPPS EW INC NEW CL A 811054204 57 700 SH SOLE 1 700 0 0
SEARS ROEBUCK & CO COM 812387108 98 1920 SH SOLE 1 1920 0 0
SEARS ROEBUCK & CO COM 812387108 8 167 SH DEFINED 1 167 0 0
SELIGMAN SELECT MUN FD INC 816344105 12 1250 SH SOLE 1 1250 0 0
SEMPRA ENERGY COM 816851109 37 1503 SH SOLE 1 1503 0 0
SERVICEMASTER COMPANY COM 81760N109 104 7593 SH SOLE 1 7593 0 0
SHELBOURNE PROPERTIES I, 821373107 6 156 SH SOLE 1 156 0 0
INC.
SHELL TRANS & TRADING PLC NEW YRK 822703609 79 1800 SH DEFINED 1 1800 0 0
SH NEW
SHERWIN WILLIAMS CO COM 824348106 31 1100 SH SOLE 1 1100 0 0
SIMMONS 1ST NATL CORP CL A $5 828730200 214 6600 SH SOLE 1 6600 0 0
PAR
SIMMONS 1ST NATL CORP CL A $5 828730200 8 250 SH DEFINED 1 250 0 0
PAR
SIRIUS SATTELITE RADIO 82966U103 53 10000 SH SOLE 1 10000 0 0
SMURFIT-STONE CONTAINER 832727101 8 495 SH SOLE 1 495 0 0
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
--------------- -------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
SOLUTIA INC COM 834376105 28 3312 SH SOLE 1 3312 0 0
SONY CORP 835699307 51 1000 SH DEFINED 1 1000 0 0
SOUTHERN CO COM 842587107 514 19439 SH SOLE 1 19439 0 0
SOUTHERN CO COM 842587107 97 3675 SH DEFINED 1 3675 0 0
SPRINT CORP COM FON 852061100 840 55000 SH SOLE 1 55000 0 0
GROUP
STILLWELL FINANCIAL INC 860831106 14 600 SH SOLE 1 600 0 0
SUN LIFE FINANCIAL 866796105 340 15729 SH SOLE 1 15729 0 0
SUN MICROSYSTEMS 866810104 14 1700 SH SOLE 1 1700 0 0
SUNGARD DATA SYSTEMS 867363103 134 4090 SH SOLE 1 3885 0 205
SUNOCO INC 86764P109 65 1628 SH SOLE 1 1628 0 0
SUNTRUST BANKS INC COM 867914103 119 1788 SH SOLE 1 1788 0 0
SYNOVUS FINL CORP 87161C105 34 1125 SH SOLE 1 1125 0 0
TECO ENERGY INC COM 872375100 8 300 SH SOLE 1 300 0 0
TECO ENERGY INC COM 872375100 22 800 SH DEFINED 1 800 0 0
TJX COMPANIES 872540109 100 2500 SH SOLE 1 2500 0 0
TXU CORP 873168108 190 3500 SH SOLE 1 3500 0 0
TXU CORP 873168108 13 250 SH DEFINED 1 250 0 0
TARGET CORP 87612E106 266 6185 SH SOLE 1 6005 0 180
TARGET CORP 87612E106 12 300 SH DEFINED 1 300 0 0
TELEPHONE & DATA SYSTEMS 879433100 98 1115 SH SOLE 1 1065 0 50
INC
TELLABS INC DELAWARE 879664100 9 900 SH SOLE 1 900 0 0
TELLABS INC DELAWARE 879664100 2 200 SH DEFINED 1 200 0 0
TEMPLE INLAND INC COM 879868107 22 400 SH SOLE 1 400 0 0
TENNECO AUTOMOTIVE NW 880349105 0 150 SH SOLE 1 150 0 0
TEXAS BIOTECH 88221T104 0 100 SH SOLE 1 100 0 0
TEXAS INSTRUMENTS 882508104 39 1200 SH SOLE 1 1200 0 0
TEXTRON INCORPORATED COMM 883203101 17 336 SH SOLE 1 336 0 0
THOMAS & BETTS CORP COM 884315102 4 200 SH SOLE 1 200 0 0
THOMAS INDS INC COM 884425109 3 127 SH SOLE 1 127 0 0
3 COM CORP 885535104 5 875 SH DEFINED 1 525 0 350
TIFFANY & CO NEW 886547108 78 2200 SH SOLE 1 2200 0 0
TRIAD HOSPS INC 89579K109 2 65 SH DEFINED 1 65 0 0
TRIANGLE PHARMACEUTICALS 89589H104 5 1000 SH SOLE 1 1000 0 0
INC
TRICON GLOBAL RESTAURANTS COM 895953107 74 1273 SH SOLE 1 1273 0 0
TRIBUNE COMPANY 896047107 54 1200 SH SOLE 1 1200 0 0
TRUSTMARK CORP COM 898402102 750 29723 SH SOLE 1 29723 0 0
TYCO INTL LTD NEW COM 902124106 6 200 SH DEFINED 1 200 0 0
TYSON FOODS INC CL A 902494103 9 750 SH SOLE 1 0 0 750
TYSON FOODS INC CL A 902494103 187 15000 SH DEFINED 1 15000 0 0
UGI CORP NEW 902681105 10 333 SH SOLE 1 333 0 0
USA TRUCK INC -RESTRICTED 902925106 1115 86498 SH SOLE 1 86498 0 0
UNION PACIFIC CORP 907818108 66 1065 SH SOLE 1 1015 0 50
UNION PACIFIC CORP 907818108 245 3950 SH DEFINED 1 150 3800 0
UNION PLANTERS CORP 908068109 1263 26677 SH SOLE 1 26677 0 0
UNION PLANTERS CORP CONV 908068307 58 1000 SH SOLE 1 1000 0 0
PFD SER E 8%
UNISYS CORP 909214108 6 540 SH SOLE 1 540 0 0
UNITED AUTO GROUP INC COM 909440109 227 10105 SOLE 1 10105 0 0
VAN KAMPEN INCOME TR 920957107 2 450 SH SOLE 1 450 0 0
VERIZON COMMUNICATIONS 92343V104 1882 40846 SH SOLE 1 36971 0 3875
VERIZON COMMUNICATIONS 92343V104 139 3028 SH DEFINED 1 2628 0 400
VIALINK CO COM 92552Q101 0 450 SH SOLE 1 450 0 0
VIACOM INC CL B 925524308 15 325 SH DEFINED 1 325 0 0
VISTEON CORP 92839U107 0 10 SH SOLE 1 10 0 0
VODAFONE GROUP PLC NEW 92857W100 79 4337 SH SOLE 1 4337 0 0
W.P. CAREY & CO., LLC 92930Y107 57 2474 SH SOLE 1 2474 0 0
WACHOVIA CORP 2ND NEW 929903102 417 11269 SH SOLE 1 11269 0 0
WACHOVIA CORP 2ND NEW 929903102 18 500 SH DEFINED 1 500 0 0
WAL MART STORES INC COM 931142103 3502 57140 SH SOLE 1 54090 0 3050
WAL MART STORES INC COM 931142103 305 4986 SH DEFINED 1 1886 3000 100
WALGREEN CO COM 931422109 223 5700 SH SOLE 1 5700 0 0
WASHINGTON MUTUAL INC 939322103 19 600 SH SOLE 1 600 0 0
WASTE MANAGEMENT INC NEW 94106L109 63 2347 SH SOLE 1 2112 0 235
WASTE MANAGEMENT INC NEW 94106L109 0 1 SH DEFINED 1 0 0 1
WAUSAU-MOSINEE PAPER CORP 943315101 7 550 SH SOLE 1 550 0 0
CO
WEBMD CORP 94769M105 7 1000 SH DEFINED 1 1000 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 51 1000 SH SOLE 1 1000 0 0
WELLS FARGO & CO NEW 949746101 146 2965 SH SOLE 1 2965 0 0
WELLS FARGO & CO NEW 949746101 12 250 SH DEFINED 1 250 0 0
WESTERN RES INC COM 959425109 3 200 SH SOLE 1 200 0 0
WEYERHAEUSER CO COM 962166104 238 3800 SH SOLE 1 3800 0 0
WHITNEY HOLDING CORP 966612103 105 2120 SH SOLE 1 2120 0 0
COMMON
WILLIAMS COMMUN GRP 969455104 0 2430 SH SOLE 1 2430 0 0
WILLIAMS COMPANY COMMON 969457100 112 4757 SH SOLE 1 4757 0 0
WORLDCOM, INC. 98157D106 2432 360884 SH SOLE 1 360884 0 0
WORLDCOM, INC. 98157D106 9 1425 SH DEFINED 1 1125 0 300
WORLDCOM, INC GA NW MCI 98157D304 80 13692 SH SOLE 1 13692 0 0
GROUP
WORLDCOM, INC GA NW MCI 98157D304 0 30 SH DEFINED 1 30 0 0
GROUP
WE WRIGLEY JR. COMPANY 982526105 117 2200 SH SOLE 1 2200 0 0
XM SATELLITE 983759101 344 25000 SH SOLE 1 25000 0 0
XCEL ENEGERY INC 98389B100 67 2654 SH SOLE 1 2654 0 0
ZIMMER HLDGS INC 98956P102 6 200 SH DEFINED 1 200 0 0
AMSOUTH BANCORP 32165102 302 13,724 SH SOLE 0 0 13,724
BANCORPSOUTH INC 59692103 244 12,373 SH SOLE 12,373
BERKSHIRE HATHAWAY 84670207 24 10 SH SOLE 0 0 10
CITIGROUP INC 172967101 136 2,750 SH SOLE 0 0 2,750
COCA COLA CO 191216100 63 1,200 SH SOLE 0 0 1,200
DISNEY WALT CO DEL 254687106 5 200 SH SOLE 0 0 200
E M C CORP MASS 268648102 10 800 SH SOLE 0 0 800
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
--------------- -------- --------- -------- --------- --- ---- ---------- -------- ------- ------- ---------
EATON VANCE TAX MGD 277911848 40 1,982 SH SOLE 0 0 1,982
GENERAL ELECTRIC CO 369604103 280 7,480 SH SOLE 0 0 7,480
HEWLETT-PACKARD CO 428236103 5 300 SH SOLE 0 0 300
HOME DEPOT INC 437076102 10 200 SH SOLE 0 0 200
INTEL CORP 458140100 139 4,550 SH SOLE 0 0 4,550
JOHNSON & JOHNSON 478160104 11 174 SH SOLE 0 0 174
LSI LOGIC CORP 502161102 5 300 SH SOLE 0 0 300
LUCENT TECH INC 549463107 2 400 SH SOLE 0 0 400
MAGNA-LAB INC CL A 559235106 0 2,000 SH SOLE 0 0 2,000
MCDATA CORP 580031201 0 29 SH SOLE 0 0 29
MERCK & CO INC 589331107 6 100 SH SOLE 0 0 100
MICROSOFT CORP 594918104 36 600 SH SOLE 0 0 600
NASDAQ 100 TR 631100104 5 140 SH SOLE 0 0 140
NOKIA CORP ADR 654902204 8 400 SH SOLE 0 0 400
PEOPLES HLDG CO 711148106 55 1,439 SH SOLE 0 0 1,439
PHILIP MORRIS COS 718154107 16 300 SH SOLE 0 0 300
PROCTER & GAMBLE CO 742718109 180 2,000 SH SOLE 0 0 2,000
QWEST COMM INTL INC 749121109 3 412 SH SOLE 0 0 412
RF MICRO DEVICES INC 749941100 7 400 SH SOLE 0 0 400
SUN MICROSYSTEMS INC 866810104 5 600 SH SOLE 0 0 600
TXU CORP 873168108 109 2,000 SH SOLE 0 0 2,000
TEXAS INSTRUMENTS 882508104 10 300 SH SOLE 0 0 300
AFFYMETRIX INC 00826T108 14 500 SH SOLE 0 0 500
CISCO SYS INC 17275R102 13 800 SH SOLE 0 0 800
GOLDMAN SACHS GROUP 38141G104 14 150 SH SOLE 0 0 150
JDS UNIPHASE CORP 46612J101 1 200 SH SOLE 0 0 200
JUNIPER NETWORKS 48203R104 1 100 SH SOLE 0 0 100
MERISTAR HOSPITALITY 58984Y103 15 847 SH SOLE 0 0 847
ORACLE CORPORATION 68389X105 8 600 SH SOLE 0 0 600
WORLDCOM INC GA NEW 98157D106 7 1,095 SH SOLE 0 0 1,095
WORLDCOM INC GA (MCI 98157D304 0 55 SH SOLE 0 0 55
AMDOCS LIMITED G02602103 9 325 SH SOLE 0 0 325
FLEXTRONICS INTL INC Y2573F102 11 600 SH SOLE 0 0 600
------ --------- ------- ------- ---------
GRAND TOTALS 383689 7,747,901 5865073 7606803 1,883,828
====== ========= ======= ======= =========