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, 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: 580 Form 13F Information Table Value Total: $388,383 (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 1 49 SH SOLE 1 49 0 0 GLOBAL SANTAFE CORP G3930E101 267 10995 SH SOLE 1 7465 0 3530 INGSOLL-RAND CO CL A G4776G101 135 3150 SH SOLE 1 3150 0 0 BERMUDA NOBLE CORP G65422100 10 300 SH SOLE 1 300 0 0 TRANSOCEAN SEDCO G90078109 6 296 SH SOLE 1 196 0 100 FOREX INC TRANSOCEAN SEDCO G90078109 1 77 SH DEFINED 1 77 0 0 FOREX INC ROYAL CARIBBEAN V7780T103 3 200 SH SOLE 1 200 0 0 CRUISES A F L A C INC 001055102 144 4800 SH SOLE 1 4800 0 0 AGL RESOURCES, INC. 001204106 26 1090 SH SOLE 1 1090 0 0 AES CORPORATION 00130H105 3 1000 SH SOLE 1 1000 0 0 AOL TIME WARNER 00184A105 64 4895 SH SOLE 1 4520 0 375 AT&T WIRELESS SVCS INC 00209A106 43 7755 SH SOLE 1 7227 128 400 AT&T WIRELESS SVCS INC 00209A106 1 192 SH DEFINED 1 192 0 0 ABBOTT LAB 002824100 1320 33019 SH SOLE 1 30009 0 3010 ABBOTT LAB 002824100 200 5000 SH DEFINED 1 200 4200 600 AdAMS EXPRESS CO COM 006212104 102 9692 SH SOLE 1 9692 0 0 ADAPTEC INC 00651F108 2 400 SH SOLE 1 400 0 0 ADVANCED MICRO 007903107 6 1000 SH SOLE 1 1000 0 0 DEVICES INC ADVANCED MICRO 007903107 1 200 SH DEFINED 1 200 0 0 DEVICES INC ADVANCED ENVIRON TCL A 007947104 8 7000 SH SOLE 1 7000 0 0 RECYCLING AETNA INC COM 00817Y108 8 200 SH DEFINED 1 0 0 200 AGILENT TECHNOLOGIES, INC. 00846U101 47 2633 SH SOLE 1 2365 268 0 AGILENT TECHNOLOGIES, INC. 00846U101 1 100 SH DEFINED 1 0 0 100 AGNICO EAGLE MINES 008474108 7 500 SH SOLE 1 500 0 0 ALCOA INC 013817101 146 6456 SH SOLE 1 4706 0 1750 ALCOA INC 013817101 9 400 SH DEFINED 1 400 0 0 ALLEGHENY ENERGY INC 017361106 1 200 SH SOLE 1 200 0 0 ALLIANCE CAP MGMT HLDG L P 01855A101 62 2000 SH DEFINED 1 2000 0 0 ALLIED CAP CORP NEW COM 01903Q108 6 315 SH SOLE 1 315 0 0 ALLSTATE CORP COMMON 020002101 221 5992 SH SOLE 1 5992 0 0 ALLSTATE CORP COMMON 020002101 22 604 SH DEFINED 1 310 0 294 ALLTEL CORP 020039103 235 4614 SH SOLE 1 4614 0 0 ALLTEL CORP 020039103 555 10900 SH DEFINED 1 10900 0 0 AMERICAN ELECTRIC POWER 025537101 113 4160 SH SOLE 1 2760 0 1400 AMERICAN ELECTRIC POWER 025537101 8 318 SH DEFINED 1 318 0 0 AMER EXPRESS CO 025816109 98 2800 SH SOLE 1 2800 0 0 AMERICAN INTERNATIONAL GROUP, INC 026874107 16 284 SH SOLE 1 284 0 0 AMERICAN INTERNATIONAL GROUP, INC 026874107 10 175 SH DEFINED 1 175 0 0 AMERUS LIFE HOLDINGS 03072M108 20 712 SH SOLE 1 712 0 0 AMERISOURCEBERGEN CORP 03073E105 259 4780 SH SOLE 1 3290 0 1490 AMGEN INC 031162100 4 100 SH SOLE 1 100 0 0 AMGEN INC 031162100 9 200 SH DEFINED 1 200 0 0 AMSOUTH BANCORPORATION 032165102 2441 127222 SH SOLE 1 127222 0 0 ANADARKO PETE CORP 032511107 70 1464 SH DEFINED 1 0 1464 0 ANALOG DEVICES INC COM 032654105 2 100 SH SOLE 1 100 0 0 ANHEUSER-BUSCH COMPANIES 035229103 1423 29404 SH SOLE 1 25234 0 4170 ANHEUSER-BUSCH COMPANIES 035229103 174 3600 SH DEFINED 1 3600 0 0 ANTHEM INC 03674B104 230 3660 SH SOLE 1 2470 0 1190 APARtment INVT & MGMT CO CL A 03748R101 41 1100 SH SOLE 1 1100 0 0 APPLE COMP INC 037833100 45 3200 SH DEFINED 1 3200 0 0 APPLIED MATERIALS INC 038222105 140 10800 SH SOLE 1 10800 0 0 AQUILA INC 03840P102 4 2500 SH -SOLE 1 2500 0 0 ARCHER-DANIELS-MIDLAND COMPANY 039483102 3 279 SH SOLE 1 279 0 0 ARVINMERITOR 043353101 2 168 SH SOLE 1 168 0 0 AUTO DATA PROCESS 053015103 204 5200 SH SOLE 1 5200 0 0 AUTO DATA PROCESS 053015103 125 3200 SH DEFINED 1 3200 0 0 AUTOZONE 053332102 52 750 SH SOLE 1 750 0 0 AUTOZONE 053332102 37 530 SH DEFINED 1 530 0 0 AVAYA INC 053499109 0 318 SH SOLE 1 235 83 0 AVOCENT CORP USD COM 053893103 42 1900 SH SOLE 1 0 1900 0 AVON PRODUCTS INC COM 054303102 37 700 SH SOLE 1 700 0 0 AXA-UAP ADR 054536107 3 236 SH SOLE 1 236 0 0 AXCELIS TECHNOLOGIES INC 054540109 7 1414 SH SOLE 1 1414 0 0 BP AMOCO PLC SPONSORED ADR 055622104 468 11534 SH SOLE 1 10534 0 1000 BP AMOCO PLC SPONSORED ADR 055622104 192 4736 SH DEFINED 1 4736 0 0 BAKER HUGHES INC COM 057224107 16 506 SH SOLE 1 506 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- BALDOR ELEC CO COM 057741100 58507 2962387 SH DEFINED 1 2962387 0 0 BANCORP MS 05969210X 271 14000 SH sole 1 14000 0 0 BANCORPSOUTH INC 059692103 15928 820627 SH sole 1 813739 5888 1000 BANCORPSOUTH INC 059692103 2725 140423 SH DEFINED 1 137157 2592 674 BANK OF AMERICA CORP NEW COM 060505104 595 8555 SH SOLE 1 7035 0 1520 BANK OF AMERICA CORP NEW COM 060505104 49 710 SH DEFINED 1 710 0 0 BANK OF THE OZARKS, INC 063904106 1080 46100 SH DEFINED 1 46100 0 0 BANK OF NEW YORK 064057102 235 9815 SH SOLE 1 6830 0 2985 BANK ONE CORP COM 06423A103 119 3268 SH SOLE 1 3268 0 0 BANK ONE CORP COM 06423A103 54 1482 SH DEFINED 1 0 1482 0 BAXTER INTL INC 071813109 269 9625 SH SOLE 1 7505 0 2120 BEAR STEARNS COS INC 073902108 505 8507 SH SOLE 1 6327 0 2180 BED BATH & BEYOND 075896100 6 200 SH SOLE 1 200 0 0 BELLSOUTH CORP 079860102 1072 41468 SH SOLE 1 38408 0 3060 BELLSOUTH CORP 079860102 13 532 SH DEFINED 1 532 0 0 BERKSHIRE HATHAWAY "A" 084670108 72 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 10 250 SH SOLE 1 250 0 0 BIOMARIN PHARMACEUTICAL COM 09061G101 14 2000 SH SOLE 1 0 2000 0 BIOTRANSPLANT INC COM 09066Y107 1 4400 SH SOLE 1 0 4400 0 BLACKROCK INVT QUALITY MUNI TR INC 09247D105 41 3000 SH SOLE 1 3000 0 0 MF BLACKROCK INCOME TRUST 09247F100 18 2400 SH SOLE 1 2400 0 0 QUALITY BLACKSTONE INVESTMENT TERM TRUST 09247J102 40 4155 SH SOLE 1 4155 0 0 BOEING INC 097023105 48 1480 SH SOLE 1 880 0 600 BOWATER INC 102183100 346 8270 SH SOLE 1 5715 0 2555 BRISTOL MYERS SQUIBB CO 110122108 503 21753 SH SOLE 1 21753 0 0 BRISTOL MYERS SQUIBB CO 110122108 27 1200 SH DEFINED 1 1200 0 0 BUCKEYE TECHNOLOGY INC 118255108 19 3100 SH SOLE 1 0 3100 0 BURLINGTON NORTHERN/SANTA FE CORP 12189T104 24 930 SH SOLE 1 930 0 0 CBRL GROUP INC COM 12489V106 87 2900 SH SOLE 1 2900 0 0 CEC ENTMT INC 125137109 26 850 SH SOLE 1 0 850 0 CLECO CORP COM 12561W105 4 296 SH SOLE 1 296 0 0 CNET NETWORKS INC 12613R104 0 118 SH SOLE 1 118 0 0 CADBURY SCHWEPPES PLC ADR 127209302 30 1200 SH SOLE 1 1200 0 0 CALLAWAY GOLF CO 131193104 2 200 SH SOLE 1 0 0 200 CAMPBELL SOUP CO COM 134429109 9 400 SH SOLE 1 400 0 0 CAPITAL ONE FINL CORP COM 14040H105 136 4600 SH SOLE 1 4600 0 0 CARDINAL HEALTH INC COM 14149Y108 26 447 SH SOLE 1 447 0 0 CATERPILLAR INC 149123101 137 3000 SH SOLE 1 2500 0 500 CELL PATHWAYS INC 15114R101 0 100 SH SOLE 1 100 0 0 CENDANT CORP COM 151313103 10 1000 SH SOLE 1 1000 0 0 CENTURYTEL, INC 156700106 124 4250 SH SOLE 1 4250 0 0 CERTEGY INC 156880106 2 100 SH - SOLE 1 100 0 0 CHARTER COMMUNICATIONS INC DEL CL A 16117M107 0 600 SH SOLE 1 600 0 0 CHECKPOINT SYSTEMS 162825103 10 1000 SH SOLE 1 1000 0 0 CHEVRONTEXACO CORP 166764100 1100 16553 SH SOLE 1 15263 0 1290 CHEVRONTEXACO CORP 166764100 88 1327 SH DEFINED 1 1327 0 0 CHOICEPOINT INC 170388102 3 80 SH SOLE 1 80 0 0 CHRONIMED INC COM 171164106 41 6800 SH SOLE 1 0 6800 0 CISCO SYS INC 17275R102 398 30395 SH SOLE 1 29995 0 400 CISCO SYS INC 17275R102 18 1400 SH DEFINED 1 800 0 600 CITIGROUP, inc 172967101 778 22140 SH SOLE 1 19690 0 2450 CITIGROUP, inc 172967101 285 8117 SH DEFINED 1 8117 0 0 CLEAR CHANNEL COMMUNICATIONS 184502102 3 100 SH SOLE 1 100 0 0 COCA COLA BOTTLING CO CONS COM 191098102 27 420 SH SOLE 1 420 0 0 COCA COLA CO 191216100 1395 31832 SH SOLE 1 29307 200 2325 COCA COLA CO 191216100 65 1500 SH DEFINED 1 500 0 1000 COCA COLA ENTERPRISES INC COM 191219104 84 3900 SH SOLE 1 3900 0 0 COLGATE-PALMOLIVE CO 194162103 142 2725 SH SOLE 1 2725 0 0 COLGATE-PALMOLIVE CO 194162103 10 200 SH DEFINED 1 0 0 200 COLONIAL HIGH INCOME MUNICIPAL TRUST 195743109 1 200 SOLE 1 200 0 0 COMMSCOPE INC 203372107 7 1000 SH SOLE 1 1000 0 0 COMPUTER ASSOC INTL INC COM 204912109 10 800 SH SOLE 1 800 0 0 COMPUTER SCIENCES CORPORATION COMMON 205363104 3 99 SH DEFINED 1 0 0 99 CONAGRA FOODS INC 205887102 5 200 SH DEFINED 1 200 0 0 CONEXANT SYS INC COM 207142100 0 176 SH SOLE 1 176 0 0 CONOCO PHILLIPS 20825C104 105 2186 SH SOLE 1 2186 0 0 CONSECO 208464107 0 560 SH DEFINED 1 560 0 0 FD SH BEN CONSECO STRATEGIC INC INT 20847A102 7 866 SH SOLE 1 866 0 0 CONSOLIDATED EDISON INC COM 209115104 42 1000 SH SOLE 1 1000 0 0 CONSTELLATION ENERGY CORP 210371100 4 150 SH SOLE 1 150 0 0 COOPER TIRE & RUBBER CO 216831107 321 20953 SH SOLE 1 19953 0 1000 COOPER TIRE & RUBBER CO 216831107 1 100 SH DEFINED 1 100 0 0 COX COMMUNICATIONS CL A 224044107 2 100 SH DEFINED 1 100 0 0 CYPRESS SEMICONDUCTOR 232806109 2 500 SH SOLE 1 500 0 0 DNP SELECT INCOME FD INC 23325P104 10 1100 SH DEFINED 1 1100 0 0 DPL INC COM 233293109 22 1485 SH SOLE 1 1485 0 0 SPONSORED DANKA BUSINESS SYS PLC ADR 236277109 21 5000 SH SOLE 1 5000 0 0 DEERE & CO 244199105 68 1500 SH SOLE 1 1500 0 0 DEL MONTE FOODS COM 24522P103 0 121 SH SOLE 1 121 0 0 DELL COMPUTER 247025109 423 15860 SH SOLE 1 15860 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- DELL COMPUTER 247025109 29 1100 SH DEFINED 1 1100 0 0 DELPHI AUTO SYSTEMS 247126105 2 343 SH SOLE 1 343 0 0 DELTA & PINE LD CO COM 247357106 14 709 SH SOLE 1 709 0 0 DELTIC TIMBER INC 247850100 382 14324 SH SOLE 1 14324 0 0 DELTIC TIMBER INC 247850100 17247 645971 SH DEFINED 1 242423 403548 0 WALT DISNEY CO 254687106 34 2131 SH SOLE 1 760 1371 0 WALT DISNEY CO 254687106 3 200 SH DEFINED 1 200 0 0 DOMINION RES INC VA NEW 25746U109 165 3015 SH SOLE 1 3015 0 0 DONNELLEY RR & SONS 257867101 17 800 SH SOLE 1 800 0 0 DOW CHEMICAL CO 260543103 483 16263 SH SOLE 1 16263 0 0 DOW CHEMICAL CO 260543103 14 483 SH DEFINED 1 483 0 0 DREYFUS STRATEGIC 261932107 20 2086 SOLE 1 2086 0 0 MUNICIPALS INC DREYFUS MUNICIPAL 26201R102 16 1832 SOLE 1 1832 0 0 INCOME INC DREYFUS STRATEGIC MUN 26202F107 22 2841 SH SOLE 1 2841 0 0 BD FD INC DU PONT EI D NEMOURS & 263534109 207 4897 SH - SOLE 1 4897 0 0 CO DU PONT EI D NEMOURS & 263534109 4 100 SH DEFINED 1 100 0 0 CO DUKE ENERGY CORP COM 264399106 113 5814 SH SOLE 1 5814 0 0 DUN & BRADSTREET NW 26483E100 5 150 SH SOLE 1 150 0 0 DYNEX CAP INC COM NEW 26817Q506 0 106 SH DEFINED 1 106 0 0 E-LOAN INC 26861P107 1 1000 SH SOLE 1 1000 0 0 EMC CORP 268648102 25 4200 SH SOLE 1 4200 0 0 EMC CORP 268648102 24 4000 SH DEFINED 1 4000 0 0 E TRADE GROUP INC 269246104 19 4000 SH SOLE 1 4000 0 0 EASTMAN KODAK CO 277461109 35 1000 SH SOLE 1 1000 0 0 EASTMAN KODAK CO 277461109 4 125 SH DEFINED 1 125 0 0 EATON CORP COM 278058102 117 1500 SH SOLE 1 1500 0 0 ECHOSTAR COMMUN 278762109 11 500 SH SOLE 1 500 0 0 EDWARDS LIFESCIENCES 28176E108 6 240 SH SOLE 1 240 0 0 CORP A. G. EDWARDS INC 281760108 309 9385 SH SOLE 1 6560 0 2825 EL PASO CORPORATION 28336L109 5 812 SH SOLE 1 812 0 0 EL PASO CORPORATION 28336L109 1 200 SH DEFINED 1 0 0 200 ELAN CORP PLC ADR 284131208 0 100 SH SOLE 1 100 0 0 ELECTRONIC DATA SYS 285661104 10 550 SH SOLE 1 550 0 0 CORP NEW EMERSON ELECTRIC CO 291011104 122 2400 SH SOLE 1 2400 0 0 ENCORE WIRE CORP COM 292562105 189 20900 SH SOLE 1 13900 0 7000 ENERGY EAST CORP COM 29266M109 4 200 SH SOLE 1 200 0 0 ENGELHARD CORP 292845104 5 253 SH DEFINED 1 0 00 253 ENTERASYS NETWORKS INC 293637104 0 200 SH SOLE 1 200 0 0 ENTERGY CORP 29364G103 233 5131 SH SOLE 1 4131 0 1000 ENTERGY CORP 29364G103 27 593 SH DEFINED 1 593 0 0 EQUIFAX INC 294429105 4 200 SH SOLE 1 200 0 0 EQUITY INNS, INC 294703103 9 1500 SH DEFINED 1 1500 0 0 EQUITY RESIDENTIAL 29476L107 10 436 SH SOLE 1 436 0 0 PPTYS SBI EXELON CORP 30161N101 10 200 SH SOLE 1 200 0 0 EXXON MOBIL CORP 30231G102 6984 199964 SH SOLE 1 198019 0 1945 EXXON MOBIL CORP 30231G102 1078 30876 SH DEFINED 1 20576 4700 5600 FPL GROUP INC 302571104 243 4050 SH SOLE 1 2815 0 1235 FED HMN LN MTG CORP VOTING COM 313400301 14 250 SH SOLE 1 250 0 0 FMNA COM 313586109 77 1200 SH SOLE 1 1200 0 0 FEDERAL REALTY INVT TR SH BEN 313747206 28 1000 SH SOLE 1 1000 0 0 FEDEX CORPORATION 31428X106 54 1000 SH SOLE 1 1000 0 0 FEDEX CORPORATION 31428X106 5 100 SH DEFINED 1 100 0 0 FIRST INDL RLTY TR INC 32054K103 12 450 SH SOLE 1 450 0 0 FIRST M & F CORP 320744105 35 1293 SH SOLE 1 1293 0 0 FIRST TENNESSEE 337162101 2583 71896 SH SOLE 1 71896 0 0 NATIONAL CORP FISERV INC 337738108 209 6185 SH SOLE 1 4295 0 1890 FLEET BOSTON CORP 339030108 19 812 SH SOLE 1 812 0 0 FLUOR CORP 343412102 2 96 SH DEFINED 1 96 0 0 FORD MOTOR COMPANY 345370860 61 6562 SH SOLE 1 6562 0 0 COMMON FORD MOTOR COMPANY 345370860 6 700 SH DEFINED 1 700 0 0 COMMON GSI COMMERCE INC 36238G102 0 29 SH SOLE 1 29 0 0 GALLAGHER ARTHUR J & CO 363576109 264 9015 SH SOLE 1 6140 0 2875 GAP INC DEL COM 364760108 23 1500 SH SOLE 1 1500 0 0 GENERAL ELECTRIC CO 369604103 3113 127898 SH SOLE 1 125973 1255 670 GENERAL ELECTRIC CO 369604103 70 2900 SH DEFINED 1 1700 0 1200 GENERAL MLS INC COM 370334104 24 520 SH SOLE 1 520 0 0 GENERAL MLS INC COM 370334104 0 20 SH DEFINED 1 0 0 20 GEN MTR CORP 370442105 24 673 SH SOLE 1 673 0 0 GENOME THERAPEUTICS COM 372430108 1 1000 SH SOLE 1 0 0 1000 CORP GEORGIA PAC CORP 373298108 24 1490 SH SOLE 1 1490 0 0 GERON CORP COM 374163103 1 300 SH SOLE 1 300 0 0 GILLETTE CO 375766102 91 3006 SH SOLE 1 2806 0 200 GILLETTE CO 375766102 105 3485 SH DEFINED 1 3485 0 0 GLAXO WELLCOME PLC ADR 37733W105 25 669 SH SOLE 1 0 0 669 SPONSORED GLAXO WELLCOME PLC ADR 37733W105 22 600 SH - DEFINED 1 600 0 0 SPONSORED GOODYEAR TIRE & RUBBER 382550101 4 618 SH SOLE 1 618 0 0 GREAT LAKES CHEM CORP COM 390568103 42 1785 SH DEFINED 1 1785 0 0 GREAT PLAINS ENERGY INC 391164100 42 1855 SH SOLE 1 1855 0 0 GUIDANT CORP COM 401698105 89 2900 SH SOLE 1 2900 0 0 HCA- THE HEALTHCARE CO 404119109 143 3450 SH SOLE 1 3450 0 0 HCB BANCSHARES INC COM 40413N106 19 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- HALLIBURTON CO COM 406216101 15 850 SH SOLE 1 850 0 0 HALLIBURTON CO COM 406216101 11 600 SH DEFINED 1 600 0 0 HANCOCK FABRICS 409900107 24 1600 SH SOLE 1 1600 0 0 HANCOCK HLDG CO CAP 410120109 194 4345 SH SOLE 1 4345 0 0 VALUE JOHN HANCOCK 41014S106 15 572 SH SOLE 1 572 0 0 HARRIS CORP 413875105 39 1494 SH SOLE 1 1494 0 0 HARTFORD FNCL SV GRP COM 416515104 9 200 SH DEFINED 1 200 0 0 INC HASBRO, INC 418056107 9 787 SH DEFINED 1 787 0 0 HEINZ H J CO COM 423074103 8 273 SH SOLE 1 273 0 0 HEWLETT PACKARD CO 428236103 332 19143 SH SOLE 1 17727 1416 0 HEWLETT PACKARD CO 428236103 6 400 SH DEFINED 1 0 0 400 HIBERNIA CORP 428656102 6037 313628 SH SOLE 1 312728 0 900 HIBERNIA CORP 428656102 17 900 SH DEFINED 1 900 0 0 HIGH INCOME 42967Q105 15 2500 SH SOLE 1 2500 0 0 OPPORTUNITY FD HOME DEPOT 437076102 436 18172 SH SOLE 1 18172 0 0 HOME DEPOT 437076102 36 1532 SH DEFINED 1 1532 0 0 HONEYWELL INTL INC 438516106 74 3120 SH SOLE 1 3120 0 0 HUBBELL INC CL B 443510201 35 1000 SH SOLE 1 1000 0 0 ICN PHARMACEUTICALS NEW COM 448924100 5 525 SH SOLE 1 0 0 525 INC ING PRIME RATE TR SH 44977W106 84 13907 SH SOLE 1 0 13907 0 BEN INT ILLINOIS TOOL WORKS INC 452308109 4 76 SH SOLE 1 76 0 0 ILLINOIS TOOL WORKS INC 452308109 16 250 SH DEFINED 1 250 0 0 INSIGHT ENTERPRISES COM 45765U103 23 2775 SH SOLE 1 0 2775 0 INC INTEL CORP CAP 458140100 479 30794 SH SOLE 1 30794 0 0 INTEL CORP CAP 458140100 74 4780 SH DEFINED 1 3980 0 800 IBM CORP 459200101 2325 30009 sh SOLE 1 28249 0 1760 IBM CORP 459200101 98 1275 SH DEFINED 1 475 800 0 INTL PAPER CO 460146103 59 1692 SH SOLE 1 1692 0 0 INTL PAPER CO 460146103 50 1450 SH DEFINED 1 150 1100 200 JDS UNIPHASE CORP COM 46612J101 0 120 SH SOLE 1 120 0 0 J P MORGAN CHASE & CO 46625H100 58 2432 SH SOLE 1 2432 0 0 J P MORGAN CHASE & CO 46625H100 36 1500 SH DEFINED 1 1500 0 0 JOHNSON & JOHNSON 478160104 2362 43986 SH SOLE 1 42986 0 1000 JOHNSON & JOHNSON 478160104 477 8900 SH DEFINED 1 5000 1200 2700 JOHNSON CONTROLS INC. 478366107 274 3425 SH SOLE 1 2470 0 955 KLA TENCOR CORP 482480100 3 100 SH SOLE 1 100 0 0 K MART CORP COM 482584109 0 1000 SH SOLE 1 1000 0 0 KELLOGG CO 487836108 6 200 SH SOLE 1 200 0 0 KERR-MCGEE CORPORATION 492386107 0 8 SH SOLE 1 8 0 0 INC KIMBERLY-CLARK CORP 494368103 9 200 SH SOLE 1 200 0 0 KIMBERLY-CLARK CORP 494368103 18 400 SH DEFINED 1 400 0 0 KINDER MORGAN ENERGY 494550106 8 232 SH SOLE 1 232 0 0 PARTNERS, L.P. KNIGHT RIDDER INC 499040103 428 6770 SH SOLE 1 4655 0 2115 KROGER CO 501044101 14 908 SH SOLE 1 908 0 0 LSI LOGIC CORP COM 502161102 2 400 SH SOLE 1 400 0 0 LACLEDE GROUP INC 505597104 7 300 SH SOLE 1 300 0 0 LACLEDE GROUP INC 505597104 21 900 SH DEFINED 1 900 0 0 ESTEE LAUDER CO 518439104 15 600 SH DEFINED 1 600 0 0 LEHMAN BROTHERS COM 524908100 399 7505 SH SOLE 1 5370 0 2135 HOLDINGS LEVEL 3 COMMUNICATIONS 52729N100 29 6037 SH SOLE 1 6037 0 0 INC LEXMARK INTL NEW CL A 529771107 368 6095 SH SOLE 1 4250 0 1845 THE LIBERTY CORPORATION 530370105 112 2900 SH SOLE 1 2900 0 0 ELI LILLY & CO 532457108 642 10120 SH - SOLE 1 8875 0 1245 ELI LILLY & CO 532457108 95 1500 SH DEFINED 1 1500 0 0 LOUISIANA PAC CORP COM 546347105 2 338 SH SOLE 1 338 0 LOWES CO INC 548661107 679 18125 SH SOLE 1 13825 0 4300 LUCENT TECHNOLOGIES 549463107 30 24225 SH SOLE 1 23021 1004 200 LUCENT TECHNOLOGIES 549463107 2 2200 SH DEFINED 1 2200 0 0 M & T BANK CORP 55261F104 158 2000 SH SOLE 1 2000 0 0 MFS INTER INCOME TR SH INT 55273C107 41 5900 SH SOLE 1 5900 0 0 BEN MGNA ENTMT CORP 559211107 0 20 SH SOLE 1 20 0 0 MANULIFE FINANCIAL CORP 56501R106 917 42300 SH SOLE 1 42300 0 0 MARSH & MCLENNAN 571748102 46 1000 SH SOLE 1 1000 0 0 MASSEY ENERGY CORP 576206106 0 96 SH SOLE 1 96 0 0 MCCORMICK & CO 579780206 417 17980 SH SOLE 1 12040 0 5940 MCDATA CORP CLASS A 580031201 13 1875 SH SOLE 1 0 1875 0 MCDATA CORP CLASS A 580031201 0 73 SH DEFINED 1 73 0 0 MCDONALD'S CORP 580135101 51 3200 SH SOLE 1 3200 0 0 MCGRAW HILL COS INC 580645109 15 250 SH DEFINED 1 250 0 0 MEADWESTVACO CORP 583334107 38 1547 SH SOLE 1 1547 0 0 MEDTRONIC INC COM 585055106 43 960 SH SOLE 1 960 0 0 MELLON FINL CORP 58551A108 20 800 SH SOLE 1 800 0 0 MERCK & CO INC 589331107 1712 30254 SH SOLE 1 28829 0 1425 MERCK & CO INC 589331107 220 3900 SH DEFINED 1 3400 0 500 MERRILL LYNCH & CO., 590188108 12 320 SH SOLE 1 320 0 0 INC. METLIFE INC COM 59156R108 100 3729 SH SOLE 1 3729 0 0 MICROSOFT CORP 594918104 718 13895 SH SOLE 1 13330 0 565 MICROSOFT CORP 594918104 20 400 SH DEFINED 1 0 0 400 MICRON TECHNOLOGY 595112103 98 10140 SH SOLE 1 7695 0 2445 MID-AMERICA APARTMENT 59522J103 24 1000 SH DEFINED 1 1000 0 0 CMNTYS MIDAS GROUP INC 595626102 4 666 SH SOLE 1 666 0 0 MILLER HERMAN INC COM 600544100 63 3460 SH SOLE 1 3460 0 0 MIRANT CORP 604675108 5 3213 SH SOLE 1 3213 0 0 MIRANT CORP 604675108 0 143 SH DEFINED 1 143 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- MISSISSIPPI CHEMICAL 605288208 0 1492 SH SOLE 1 1492 0 0 CORP MONSANTO CO. (NEW) 61166W101 32 1705 SH SOLE 1 1620 0 85 MONSANTO CO (NEW) 61166w101 4 235 SH DEFINED 1 150 0 85 MOODYS CORP 615369105 12 300 SH SOLE 1 300 0 0 MORGAN STANLEY DEAN 617446448 161 4040 SH SOLE 1 4040 0 0 WITTER DISCOVER & CO MORGAN STANLEY DEAN 617446448 10 260 SH DEFINED 1 260 0 0 WITTER DISCOVER & CO MOTOROLA INC 620076109 130 15063 SH SOLE 1 14963 0 100 MOTOROLA INC 620076109 64 7466 SH DEFINED 1 7166 0 300 MULTIMEDIA GAMES INC 625453105 12 450 SH SOLE 1 450 0 0 MUNICIPAL MORTGAGE & GROWTH sh62624B101 102 4000 SH SOLE 1 4000 0 0 EQUITY LLC MUNIVEST FD INC COM 626295109 44 5000 SOLE 1 5000 0 0 MURPHY OIL CORP COM 626717102 4191 48909 SH SOLE 1 48909 0 0 MURPHY OIL CORP COM 626717102 199137 2323653 SH DEFINED 1 1032683 1290970 0 MYLAN LABORATORIES INC 628530107 273 7848 SH SOLE 1 5688 00 2160 NBC CAP CORP 628729105 100 4000 SH SOLE 1 4000 0 0 NCR CORP NEW 62886E108 1 64 SH SOLE 1 64 0 0 NASDAQ 100 TRUST 631100104 4 200 SH SOLE 1 200 0 0 NATIONAL COMM FINL CORP 63545P104 61 2600 SH SOLE 1 0 2600 0 NELSON, THOMAS INC 640376109 1 187 SH SOLE 1 187 0 0 NEWELL RUBBERMAID INC 651229106 12 400 SH SOLE 1 400 0 0 NICOR INC COM 654086107 18 550 SH SOLE 1 550 0 0 NIKE INC CLASS B 654106103 38 860 SH SOLE 1 860 0 0 NOKIA CORP SPND ADR 654902204 37 2400 SH SOLE 1 2400 0 0 NOBLE ENERGY INC 655044105 37 1000 SH SOLE 1 1000 0 0 NORFOLK SO CORP 655844108 38 1934 SH SOLE 1 1934 0 0 NORTEL NETWORK CORP NEW 656568102 8 5000 SH SOLE 1 5000 0 0 NORTHERN TRUST COMPANY 665859104 62 1780 SH SOLE 1 1780 0 0 NTRS NORTHERN TRUST COMPANY 665859104 140 4000 SH DEFINED 1 3600 0 400 NTRS NORTHRUP GRUMMAN 666807102 9 100 SH SOLE 1 100 0 0 NORTHWESTERN 668074107 1 330 SH SOLE 1 330 0 0 CORPORATION NOVELLUS SYSTEMS 670008101 233 8325 SH - SOLE 1 5755 0 2570 NUVEEN INSD PREMIUM MUNI FD 6706D8104 4 338 SOLE 1 338 0 0 INCOME NUVEEN MUNICIPAL 67062W103 49 3529 SOLE 1 3529 0 0 MARKET OPP OKLAHOMA GAS & ELEC 670837103 75 4300 SH SOLE 1 4300 0 0 ENERGY CORP OKLAHOMA GAS & ELEC 670837103 12 700 SH DEFINED 1 700 0 0 ENERGY CORP NUVEEN MUN VALUE FD INC 670928100 21 2300 SOLE 1 2300 0 0 NUVEEN QUALITY INCOME 670977107 7 500 SH SOLE 1 500 0 0 MUNI NUVEEN PREMIER 670988104 22 1565 SH SOLE 1 1565 0 0 MUNICIPAL INC OAKWOOD HOMES CORP 674098207 0 200 SH SOLE 1 200 0 0 OCCIDENTAL PETE COR DEL 674599105 14 500 SH SOLE 1 500 0 0 OCEAN ENERGY INC TEX 67481E106 3 200 SH SOLE 1 200 0 0 OFFICEMAX INC 67622M108 5 1000 SH SOLE 1 1000 0 0 OLIN CORP 680665205 2 166 SH DEFINED 1 166 0 0 OMNICOM GROUP 681919106 19 300 SH SOLE 1 300 0 0 ORACLE SYSTEMS CORP 68389X105 44 4110 SH SOLE 1 4110 0 0 PPG INDUSTRIES INC 693506107 30 600 SH SOLE 1 600 0 0 PACTIV COPR 695257105 38 1747 SH SOLE 1 1747 0 0 PAYCHEX INC 704326107 4 150 SH SOLE 1 150 0 0 PCCW LTD SPONSORED ADR 70454G108 3 2473 SH DEFINED 1 2473 0 0 PENNEY J C INC COM 708160106 4 182 SH SOLE 1 182 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 PEOPLES HLDG CO COM 711148106 20 500 SH DEFINED 1 500 0 0 PEPCO HLDGS INC 713291102 8 457 SH SOLE 1 457 0 0 PEPSIAMERICAS INC 71343P200 53 4000 SH SOLE 1 4000 0 0 PEPSICO INC COM 713448108 1533 36333 SH SOLE 1 36218 0 115 PEPSICO INC COM 713448108 89 2130 SH DEFINED 1 430 1100 600 PFIZER INC 717081103 2578 84375 SH SOLE 1 84190 0 185 PFIZER INC 717081103 94 3100 SH DEFINED 1 2200 0 900 PHARMACIA CORP 71713U102 515 12326 SH SOLE 1 11826 0 500 PHARMACIA CORP 71713U102 57 1380 SH DEFINED 1 880 0 500 PHELPS DODGE CORP COM 717265102 0 20 SH SOLE 1 20 0 0 PHELPS DODGE CORP COM 717265102 15 500 SH DEFINED 1 500 0 0 PHILIP MORRIS COS INC COM 718154107 530 13085 SH SOLE 1 10790 0 2295 THE PHOENIX COMPANIES 71902E109 7 1051 SH SOLE 1 1051 0 0 PLACER DOME INC 725906101 1 170 SH SOLE 1 170 0 0 PLUM CREEK TIMBER CO 729251108 27 1164 SH SOLE 1 1164 0 0 INC POTLATCH CORP COM 737628107 3 150 SH SOLE 1 150 0 0 PRAXAIR INC COM 74005P104 17 300 SH DEFINED 1 300 0 0 PRINCIPAL FINANCIAL 74251V102 80 2663 SH SOLE 1 2663 0 0 GROUP PROCTOR & GAMBLE CO COM 742718109 967 11256 SH SOLE 1 10656 0 600 PROCTOR & GAMBLE CO COM 742718109 120 1400 SH DEFINED 1 1400 0 0 PROGRESS ENERGY INC COM 743263105 10 232 SH SOLE 1 232 0 0 PRUDENTIAL FINANCIAL 744320102 141 4462 SH SOLE 1 4462 0 0 PUBLIC STORAGE, INC 74460D109 5 180 SH SOLE 1 180 0 0 REIT PUTNAM MANAGED INCOME 746823103 3 500 DEFINED 1 0 0 500 MUNICIPAL TRUST 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- QLOGIC CORP COM 747277101 44 1303 SH SOLE 1 250 1053 0 QUALCOMM INC 747525103 7 200 SH SOLE 1 200 0 0 QWEST COMMUNICATIONS COM 749121109 10 2097 SH SOLE 1 2097 0 0 INTL INC RFS HOTEL INVESTORS 74955J108 10 1000 SH SOLE 1 0 1000 0 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 18 600 SH SOLE 1 600 0 0 REGIONS FNCL CORP 758940100 713 21390 SH SOLE 1 10640 9550 1200 REGIONS FNCL CORP 758940100 59 1786 SH DEFINED 1 0 1786 0 RELIANT RESOURCES INC 75952B105 5 1576 SH - SOLE 1 1576 0 0 RELIANT RESOURCES INC 75952B105 14 4651 SH DEFINED 1 4622 0 29 REMINGTON OIL & GAS COM 759594302 26 1600 SH SOLE 1 0 1600 0 CORP REYNOLDS RJ TOB HLDGS 76182K105 6 166 SH SOLE 1 166 0 0 INC 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 6 200 SH SOLE 1 200 0 0 ROXIE INC 780008108 0 65 SH SOLE 1 65 0 0 ROYAL DUTCH PETE CO NY REG 780257804 372 8466 SH SOLE 1 6471 0 1995 GLD1.25 ROYAL DUTCH PETE CO NY REG 720857804 140 3200 SH DEFINED 1 3200 0 0 GLD1.25 RUBY TUESDAY INC 781182100 21 1260 SH DEFINED 1 0 0 1260 SBC COMMUNICATIONS, INC 78387G103 1313 48459 SH SOLE 1 44984 0 3475 SBC COMMUNICATIONS, INC 78387G103 21 780 SH DEFINED 1 780 0 0 SCP POOL CORP COM 784028102 59 2025 SH SOLE 1 0 2025 0 ST JUDE MEDICAL 790849103 477 12030 SH SOLE 1 8310 0 3720 SARA LEE CORP COM 803111103 18 800 SH SOLE 1 800 0 0 SCANA CORP NEW 80589M102 459 14847 SH SOLE 1 10277 0 4570 SCHERING PLOUGH CORP COM 806605101 410 18484 SH SOLE 1 18484 0 0 SCHERING PLOUGH CORP COM 806605101 432 19500 SH DEFINED 1 100 19400 0 SCHLUMBERGER LTD COM 806857108 65 1550 SH SOLE 1 1350 0 200 THE CHARLES SCHWAB CORP 808513105 16 1500 SH SOLE 1 1500 0 0 SCRIPPS EW INC NEW CL A 811054204 38 500 SH SOLE 1 500 0 0 SEARS ROEBUCK & CO COM 812387108 45 1920 SH SOLE 1 1920 0 0 SEARS ROEBUCK & CO COM 812387108 3 167 SH DEFINED 1 167 0 0 SELIGMAN SELECT MUN FD 816344105 13 1250 SH SOLE 1 1250 0 0 INC SEMPRA ENERGY 816851109 3 135 SH SOLE 1 135 0 0 SERVICEMASTER COMPANY COM 81760N109 84 7593 SH SOLE 1 7593 0 0 SHELL TRANS & TRADING NEW YRK 822703609 70 1800 SH DEFINED 1 1800 0 0 PLC SH NEW SHERWIN WILLIAMS CO COM 824348106 31 1100 SH SOLE 1 1100 0 0 SIMMONS 1ST NATL CORP CL A $5 828730200 241 6600 SH SOLE 1 6600 0 0 PAR SIMMONS 1ST NATL CORP CL A $5 828730200 9 250 SH DEFINED 1 250 0 0 PAR SIMON PROPERTY GROUP 828806109 250 7345 SH SOLE 1 4995 0 2350 INC SIRIUS SATTELITE RADIO 82966U103 6 10000 SH SOLE 1 10000 0 0 SKYWORKS SOLUTIONS 83088M102 0 61 SH SOLE 1 61 0 0 SMUCKER J M CO 832696405 0 3 SH SOLE 1 3 0 0 SMURFIT-STONE 832727101 7 495 SH SOLE 1 495 0 0 CONTAINER CORP SOLUTIA INC COM 834376105 12 3312 SH SOLE 1 3312 0 0 SONY CORP 835699307 41 1000 SH DEFINED 1 1000 0 0 SOUTHERN CO COM 842587107 528 18639 SH SOLE 1 18639 0 0 SOUTHERN CO COM 842587107 92 3275 SH DEFINED 1 3275 0 0 SOUTHWEST AIRLS CO COM 844741108 7 505 SH SOLE 1 505 0 0 SPRINT CORP COM FON 852061100 1005 69425 SH SOLE 1 64285 0 5140 GROUP STEWART ENTERPRISES 860370105 22 4000 SH SOLE 1 4000 0 0 STILLWELL FINANCIAL INC 860831106 7 600 SH SOLE 1 600 0 0 SUN LIFE FINANCIAL 866796105 243 14305 SH SOLE 1 14305 0 0 SUN MICROSYSTEMS 866810104 5 1700 SH SOLE 1 1700 0 0 SUNGARD DATA SYSTEMS 867363103 243 10330 SH SOLE 1 10125 0 205 SUNOCO INC 86764P109 47 1422 SH SOLE 1 1422 0 0 SUNTRUST BANKS INC COM 867914103 70 1245 SH SOLE 1 1245 0 0 SWIFT TRANSN INC COM 870756103 27 1350 SH SOLE 1 0 1350 0 SYNOVUS FINL CORP 87161C105 21 1125 SH SOLE 1 1125 0 0 TECO ENERGY INC COM 872375100 12 800 SH SOLE 1 800 0 0 TECO ENERGY INC COM 872375100 12 800 SH DEFINED 1 800 0 0 TJX COMPANIES 872540109 1 100 SH SOLE 1 100 0 0 TXU CORP 873168108 65 3500 SH SOLE 1 3500 0 0 TARGET CORP 87612E106 442 14750 SH - SOLE 1 10845 0 3905 TARGET CORP 87612E106 12 400 SH DEFINED 1 400 0 0 TELLABS INC DELAWARE 879664100 5 800 SH SOLE 1 800 0 0 TELLABS INC DELAWARE 879664100 1 200 SH DEFINED 1 200 0 0 TEMPLE INLAND INC 879868107 17 400 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 18 1200 SH SOLE 1 1200 0 0 TEXTRON INCORPORATED COMM 883203101 262 6115 SH SOLE 1 3775 0 2340 THOMAS & BETTS CORP COM 884315102 3 200 SH SOLE 1 200 0 0 THORNBURG MORTGAGE INC 885218107 6 300 SH SOLE 1 300 0 0 3M CO 88579y101 193 1566 SH SOLE 1 1566 0 0 TIFFANY & CO NEW 886547108 52 2200 SH SOLE 1 2200 0 0 TRAVELERS PROPERTY CL A 89420g109 5 353 SH SOLE 1 353 0 0 CASUALTY CORP TRAVELERS PROPERTY CL A 89420g109 5 350 SH DEFINED 1 350 0 0 CASUALTY CORP TRAVELERS CORPORATION CL B COM 89420g406 12 845 SH SOLE 1 845 0 0 TRAVELERS CORPORATION CL B COM 89420g406 10 720 SH DEFINED 1 720 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 --------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- TRIANGLE PHARMACEUTICALS 89589H104 5 1000 SH SOLE 1 1000 0 0 INC TRIBUNE COMPANY 896047107 54 1200 SH SOLE 1 1200 0 0 TRIQUINT SEMICONDUCTOR 89674K103 12 2950 SH SOLE 1 0 2950 0 TRUSTMARK CORP COM 898402102 654 27498 SH SOLE 1 27498 0 0 TRUSTMARK CORP COM 898402102 23 1000 SH DEFINED 1 1000 0 0 TYCO INTL LTD NEW COM 902124106 5 350 SH SOLE 1 350 0 0 TYSON FOODS INC CL A 902494103 8 750 SH SOLE 1 0 0 750 TYSON FOODS INC CL A 904494103 168 15000 SH DEFINED 1 15000 0 0 USA TRUCK INC - 902925106 609 86498 SH SOLE 1 86498 0 0 RESTRICTED US UNWIRED INC 90338R104 2 5000 SH SOLE 1 0 5000 0 UNION PACIFIC CORP 907818108 245 4095 SH SOLE 1 2845 0 1250 UNION PACIFIC CORP 907818108 236 3950 SH DEFINED 1 150 3800 0 UNION PLANTERS CORP 908068109 1129 40164 SH SOLE 1 40164 0 0 UNION PLANTERS CORP CONV PFD 908068307 52 1000 SH SOLE 1 1000 0 0 SER E 8% UNITED STS STL CORP NEW 912909108 6 500 SH SOLE 1 500 0 0 VAN KAMPEN INCOME TR 920957107 2 450 SOLE 1 450 0 0 VERIZON COMMUNICATIONS 92343V104 1344 34707 SH SOLE 1 30832 0 3875 VERIZON COMMUNICATIONS 92343V104 117 3028 SH DEFINED 1 2628 0 400 VIACOM INC CL B 925524308 112 2770 SH SOLE 1 2720 0 50 VIACOM INC CL B 925524308 13 325 SH DEFINED 1 325 0 0 VISTEON CORP 92839U107 0 75 SH SOLE 1 75 0 0 VODAFONE GROUP PLC NEW 92857W100 74 4104 SH SOLE 1 4104 0 0 W.P. CAREY & CO., LLC 92930Y107 61 2474 SH SOLE 1 2474 0 0 WACHOVIA CORP 2ND NEW 929903102 403 11069 SH SOLE 1 11069 0 0 WACHOVIA CORP 2ND NEW 929903102 18 500 SH DEFINED 1 500 0 0 WAL MART STORES INC COM 931142103 3068 60769 SH SOLE 1 57719 0 3050 WAL MART STORES INC COM 931142103 236 4686 SH DEFINED 1 1586 3000 100 WALGREEN CO 931422109 113 3900 SH SOLE 1 3900 0 0 WASHINGTON MUTUAL INC 939322103 20 600 SH SOLE 1 600 0 0 WASTE MANAGEMENT INC NEW 94106L109 139 6080 SH SOLE 1 3825 0 2255 WASTE MANAGEMENT INC NEW 94106L109 0 1 SH DEFINED 1 0 0 1 WEINGARTEN RLTY INVS SH BEN INT 948741103 55 1500 SH SOLE 1 1500 0 0 WELLS FARGO & CO. NEW 949746101 350 7485 SH SOLE 1 7375 0 110 WELLS FARGO & CO. NEW 949746101 9 200 SH DEFINED 1 200 0 0 WEYERHAEUSER CO COM 962166104 186 3800 SH SOLE 1 3800 0 0 WHITNEY HOLDING CORP COMMON 966612103 105 3180 SH SOLE 1 3180 0 0 WILLIAMS COMPANY COMMON 969457100 5 2057 SH SOLE 1 2057 0 0 WORLDCOM, INC. (BANKRU) 98157D106 48 371664 SH SOLE 1 371664 0 0 WORLDCOM, INC. (BANKRU) 98157D106 0 1300 SH DEFINED 1 1000 0 300 WORLDCOM INC GA NW MCI (BANKRUPTC) 98157D304 2 15158 SH SOLE 1 11636 3522 0 GROUP WORLDCOM INC GA NW MCI (BANKRUPTC) 98157D304 0 40 SH DEFINED 1 40 0 0 GROUP WE WRIGLEY JR. COMPANY 982526105 10 200 SH SOLE 1 200 0 0 WYETH 983024100 323 8665 SH SOLE 1 7425 0 1240 WYETH 983024100 11 300 SH DEFINEd 1 300 0 0 XM SATELLITE 983759101 67 25000 SH SOLE 1 25000 0 0 XCEL ENERGY INC 98389B100 23 2154 SH SOLE 1 2154 0 0 YUM BRANDS INC 988498101 61 2546 SH SOLE 1 2546 0 0 ALLIANT TECHSYSTEMS SOLE INC. 18804104 13 210 SH SOLE 0 0 210 ALLTEL CORP NEW 20039103 6 125 SH SOLE 0 0 125 AMER INTL GROUP INC 26874107 4 67 SH - SOLE 0 0 67 AMGEN INC 31162100 4 75 SH SOLE 0 0 75 AMSOUTH BANCORP 32165102 264 13,724 SH SOLE 0 0 13,724 AUTOMATIC DATA SOLE PROCESSING INC. 53015103 4 100 SH SOLE 0 0 100 AVAYA INC 53499109 0 8 SH SOLE 0 0 8 BANCORPSOUTH INC 59692103 240 12,373 SH SOLE 0 0 12,373 BERKSHIRE HATHAWAY DEL CL B 84670207 24 10 SH SOLE 0 0 10 INC BEST BUY INC 86516101 10 400 SH SOLE 0 0 400 CITIGROUP INC 172967101 79 2,250 SH SOLE 0 0 2,250 COCA COLA CO 191216100 53 1,200 SH SOLE 0 0 1,200 DISNEY WALT CO DEL 254687106 3 200 SH SOLE 0 0 200 E M C CORP MASS 268648102 6 900 SH SOLE 0 0 900 EATON VANCE TAX MGD CLASS B 277911848 32 1,982 SH SOLE 0 0 1,982 GENERAL DYNAMICS CRP 369550108 9 110 SH SOLE 0 0 110 GENERAL ELECTRIC CO 369604103 185 7,585 SH SOLE 0 0 7,585 HEWLETT-PACKARD CO DE 428236103 9 540 SH SOLE 0 0 540 HOME DEPOT INC 437076102 3 127 SH SOLE 0 0 127 INTEL CORP 458140100 67 4,280 SH SOLE 0 0 4,280 JOHNSON & JOHNSON 478160104 15 274 SH SOLE 0 0 274 LSI LOGIC CORP 502161102 2 300 SH SOLE 0 0 300 L-3 COMMUNICATIONS SOLE HLDGS INC 502424104 13 280 SH SOLE 0 0 280 LUCENT TECH INC 549463107 1 500 SH SOLE 0 0 500 MAGNA-LAB INC CL A 559235106 0 2,000 SH SOLE 0 0 2,000 MCDATA CORP CL A 580031201 0 29 SH SOLE 0 0 29 MICROSOFT CORP 594918104 44 867 SH SOLE 0 0 867 NASDAQ 100 TR UNIT SER 1 631100104 3 140 SH SOLE 0 0 140 NOKIA CORP ADR 654902204 2 100 SH SOLE 0 0 100 PEOPLES HLDG CO 711148106 59 1,439 SH SOLE 0 0 1,439 PFIZER INC 717081103 5 178 SH SOLE 0 0 178 PHILIP MORRIS COS 718154107 8 200 SH SOLE 0 0 200 PITNEY BOWES INC 724479100 7 200 SH SOLE 0 0 200 PROCTER & GAMBLE CO 742718109 151 1,760 SH SOLE 0 0 1,760 QWEST COMM INTL INC 749121109 2 412 SH SOLE 0 0 412 RF MICRO DEVICES INC 749941100 3 400 SH SOLE 0 0 400 SMUCKER J M CO NEW 832696405 1 34 SH SOLE 0 0 34 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 --------------- ----------- --------- -------- ------- --- ---- ---------- -------- ---- ------ ---- SUN MICROSYSTEMS INC 866810104 2 600 SH SOLE 0 0 600 SYBRON DENTAL COM 871142105 1 83 SH SOLE 0 0 83 TAIWAN SEMICONDUCTOR OLE MANUFACTURING CO LTD 874039100 4 630 SH SOLE 0 0 630 TEXAS INSTRUMENTS 882508104 5 300 SH SOLE 0 0 300 INC TYCO INTL LTD NEW 902124106 1 80 SH SOLE 0 0 80 US BANCORP DEL 902973304 5 215 SH SOLE 0 0 215 WAL-MART STORES INC 931142103 5 100 SH SOLE 0 0 100 WALGREEN COMPANY 931422109 4 150 SH SOLE 0 0 150 AFFYMETRIX INC 00826T108 11 500 SH SOLE 0 0 500 AGERE SYS INC CL A 00845V100 0 5 SH SOLE 0 0 5 AGERE SYS INC CL B 00845V209 0 131 SH SOLE 0 0 131 APOGENT TECHNOLOGIES COM 03760A101 5 250 SH SOLE 0 0 250 INC CISCO SYS INC 17275R102 15 1,100 SH SOLE 0 0 1,100 GOLDMAN SACHS GROUP OLE INC 38141G104 10 150 SH SOLE 0 0 150 IMAGISTICS INTL INC 45247T104 0 16 SH SOLE 0 0 16 JDS UNIPHASE CORP 46612J101 1 250 SH SOLE 0 0 250 JUNIPER NETWORKS 48203R104 1 100 SH SOLE 0 0 100 INC MERISTAR HOSPITALITY 58984Y103 6 847 SH SOLE 0 0 847 CORP NAUTILUS GROUP INC COM 63910B102 4 300 SH SOLE 0 0 300 TRAVELERS PPTY CAS NEW CL A 89420G109 1 96 SH SOLE 0 0 96 CORP TRAVELERS PPTY CAS NEW CL B 89420G406 3 199 SH SOLE 0 0 199 CORP WORLDCOM INC GA NEW COM 98157D106 0 1,095 SH SOLE 0 0 1,095 WORLDCOM GROUP WORLDCOM INC GA (MCI 98157D304 0 55 SH SOLE 0 0 5 GROUP) AMDOCS LIMITED ISIN G02602103 3 325 SH SOLE 0 0 325 FLEXTRONICS INTL INC #SG9999000020 Y2573F102 5 600 SH SOLE 0 0 600 ------- ---------- ------- ------- ------- GRAND TOTAL 388383 10,565,082 8517479 1821012 135,062 ======= ========== ======= ======= =======