UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2006 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: Senior Vice President and Corporate Secretary Phone: (662) 680-2084 Signature Place and Date of Signing: /s/ Cathy S. Freeman Tupelo Mississippi November 9, 2006 ---------------------------------------- ------------------ ---------------- [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: 738 Form 13F Information Table Value Total: $584,169 (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 MKT VAL SH/ PUT/ INVESTMENT OTHER ** VOTING AUTHORITY ** NAME OF ISSUER TITLE OF CLASS CUSIP x 1000 QTY PRN CALL DESCRETION MANAGERS SOLE SHARED NONE --------------------------------------------------------------------------------------------------------------------------------- ACE LIMITED G0070K103 519 9487 SH SOLE 1 291 0 9196 AMERICAN SAFETY INSURANCE G02995101 12 685 SH SOLE 1 0 0 685 HOLDINGS LTD ARLINGTON TANKERS LTD G04899103 63 2797 SH SOLE 1 698 0 2099 FOSTER WHEELER LTD G36535139 159 4145 SH SOLE 1 4145 0 0 GLOBAL SANTAFE CORP G3930E101 504 10085 SH SOLE 1 310 0 9775 INGSOLL-RAND CO CL A BERMUDA G4776G101 193 5100 SH SOLE 1 5100 0 0 LAZARD LTD SHS A G54050102 73 1830 SH SOLE 1 0 0 1830 MARVELL TECHNOLOGY GROUP G5876H105 214 11092 SH SOLE 1 0 0 11092 MONTPELIER RE HLD LTDF G62185106 515 26620 SH SOLE 1 26620 0 0 NABORS INDUSTRIES G6359F103 67 2258 SH SOLE 1 0 0 2258 NOBLE CORP G65422100 57 901 SH SOLE 1 0 0 901 RENAISSANCERE HOLDINGS LTD COM G7496G103 115 2071 SH SOLE 1 0 0 2071 SEAGATE TECHNOLOGY SHS G7945J104 19 860 SH SOLE 1 0 0 860 ALCON INC H01301102 104 909 SH SOLE 1 0 0 909 UBS AG H89231338 120 2027 SH SOLE 1 0 0 2027 FLEXTRONICS INT'L Y2573F102 224 17768 SH SOLE 1 550 0 17218 ADC TELECOMMUNICATIONS 000886309 86 5762 SH SOLE 1 0 0 5762 A F L A C INC 001055102 157 3448 SH SOLE 1 1600 0 1848 AGL RESOURCES, INC 001204106 16 450 SH SOLE 1 450 0 0 AES CORPORATION 00130H105 1 69 SH SOLE 1 69 0 0 AT&T INC COM 00206R102 1058 32521 SH SOLE 1 17459 0 15062 AT&T INC COM 00206R102 99 3048 SH DEFINED 1 958 2090 0 ATMI INC 00207R101 31 1078 SH SOLE 1 116 0 962 AARON RENTS INC COM 002535201 54 2364 SH SOLE 1 260 0 2104 ABBOTT LAB 002824100 322 6646 SH SOLE 1 5236 0 1410 ABBOTT LAB 002824100 203 4200 SH DEFINED 1 200 4000 0 ACE CASH EXPRESS INC COM 004403101 43 1450 SH SOLE 1 155 0 1295 ACTUANT CORP CLASS A 00508X203 68 1370 SH SOLE 1 95 0 1275 ADAMS EXPRESS CO COM 006212104 37 2804 SH SOLE 1 2804 0 0 ADOBE SYSTEMS INCORPORATED DELAWARE 00724F101 503 13450 SH SOLE 1 577 0 12873 AEGON N V ORD 007924103 370 19735 SH SOLE 1 0 0 19735 AETNA INC COM 00817Y108 15 400 SH DEFINED 1 0 0 400 AFFILIATED MANAGERS GROUP COM 008252108 164 1646 SH SOLE 1 72 0 1574 AGERE SYS INC COM 00845V308 71 4788 SH SOLE 1 0 0 4788 AGILENT TECHNOLOGIES, INC. 00846U101 50 1533 SH SOLE 1 59 0 1474 AGNICO EAGLE MINES 008474108 15 500 SH SOLE 1 500 0 0 AIRTRAN HLDGS INC COM 00949P108 24 2425 SH SOLE 1 0 0 2425 AIXTRON AKTIENGELELLSCHAFT ADR 009606104 1 510 SH SOLE 1 510 0 0 AKZO NOBEL NV ADR 010199305 6 110 SH SOLE 1 0 0 110 ALCAN INC COM 013716105 3 80 SH SOLE 1 0 0 80 ALCOA INC 013817101 90 3242 SH SOLE 1 3242 0 0 ALLEGHENY ENERGY INC 017361106 2 66 SH SOLE 1 66 0 0 ALLIANT TECHSYSTEMS, INC 018804104 87 1082 SH SOLE 1 118 0 964 ALLIANZ AKTIENGESELLSCHAFT SP ADR 1/10 SH 018805101 6 400 SH SOLE 1 0 0 400 ALLIANCEBERSTEIN HLDG LP 01881G106 137 2000 SH DEFINED 1 2000 0 0 ALLIED CAP CO FUND 01903Q108 9 315 SH SOLE 1 315 0 0 ALLIED IRISH BKS P L C SPON ADR ORD 019228402 8 165 SH SOLE 1 0 0 165 ALLION HEALTHCARE INC COM 019615103 23 5525 SH SOLE 1 0 0 5525 ALLSCRIPTS HEALTHCARE SOLUTI COM 01988P108 24 1075 SH SOLE 1 0 0 1075 ALLSTATE CORP COMMON 020002101 708 11290 SH SOLE 1 6586 0 4704 ALLSTATE CORP COMMON 020002101 19 310 SH DEFINED 1 310 0 0 ALLTEL CORP 020039103 26 476 SH SOLE 1 476 0 0 ALLTEL CORP 020039103 321 5800 SH DEFINED 1 5800 0 0 ALTRIA GROUP INC 02209S103 892 11659 SH SOLE 1 7453 0 4206 AMCOL INTL CORP COM 02341W103 20 820 SH SOLE 1 0 0 820 AMEDISYS INC COM 023436108 19 490 SH SOLE 1 50 0 440 AMERCO 023586100 39 530 SH SOLE 1 54 0 476 AMEREN CORP 023608102 5 100 SH SOLE 1 100 0 0 AMERICAN COMMERCIAL LINES COM NEW 025195207 38 655 SH SOLE 1 0 0 655 AMERICAN ELECTRIC POWER 025537101 140 3855 SH SOLE 1 1230 0 2625 AMER EXPRESS CO 025816109 289 5163 SH SOLE 1 1935 0 3228 AMERICAN INTERNATIONAL GROUP, 026874107 394 5950 SH SOLE 1 4485 0 1465 INC AMERICAN INTERNATIONAL GROUP, 026874107 11 175 SH DEFINED 1 175 0 0 INC AMERICAN TOWER CORP CL A 029912201 152 4189 SH SOLE 1 0 0 4189 AMERISAFE INC CL A 03071H100 12 1325 SH SOLE 1 0 0 1325 AMERUS LIFE HOLDINGS 03072M108 8 122 SH SOLE 1 122 0 0 AMERISOURCEBERGEN CORP 03073E105 1 37 SH SOLE 1 37 0 0 AMERIGAS PARTNERS L P 030975106 15 500 SH SOLE 1 500 0 0 AMGEN INC 031162100 970 13573 SH SOLE 1 3445 0 10128 AMGEN INC 031162100 14 200 SH DEFINED 1 200 0 0 AMSOUTH BANCORPORATION 032165102 775 26711 SH SOLE 1 26711 0 0 ANADARKO PETE CORP 032511107 23 530 SH SOLE 1 240 0 290 ANADARKO PETE CORP 032511107 74 1696 SH DEFINED 1 0 1696 0 ANDERSONS INC COM 034164103 18 550 SH SOLE 1 0 0 550 ANGIODYNAMICS INC COM 03475V101 38 1875 SH SOLE 1 0 0 1875 ANGLO AMERICAN PLC SP ADR 03485P102 197 9351 SH SOLE 1 0 0 9351 ANHEUSER-BUSCH COMPANIES 035229103 351 7406 SH SOLE 1 6811 0 595 ANHEUSER-BUSCH COMPANIES 035229103 147 3100 SH DEFINED 1 3100 0 0 ANNALY CAPITAL MGMT INC 035710409 2 200 SH SOLE 1 200 0 0 APACHE CORP 037411105 41 664 SH SOLE 1 664 0 0 APPLE COMP INC 037833100 164 2138 SH SOLE 1 0 0 2138 APPLE COMP INC 037833100 107 1400 SH DEFINED 1 1400 0 0 APPLIED MATERIALS INC 038222105 332 18760 SH SOLE 1 18760 0 0 AQUILA INC DEL NEW 03840P102 0 158 SH SOLE 1 158 0 0 ARCH COAL, INC 039380100 54 1892 SH SOLE 1 0 0 1892 ARCHER-DANIELS-MIDLAND 039483102 10 279 SH SOLE 1 279 0 0 COMPANY ARENA RESOURCES INC COM 040049108 58 1808 SH SOLE 1 195 0 1613 ARGONAUT GROUP INC 040157109 27 885 SH SOLE 1 0 0 885 ARTHROCARE CORP COM 043136100 14 320 SH SOLE 1 0 0 320 ARVINMERITOR 043353101 0 44 SH SOLE 1 44 0 0 ASHFORD HOSPITALITY TRUST INC 044103109 21 1830 SH SOLE 1 200 0 1630 ASTRAZENECA PLC SPONSORED ADR 046353108 8 135 SH SOLE 1 0 0 135 ATHEROS COMMUNICATIONS INC COM 04743P108 23 1270 SH SOLE 1 0 0 1270 AUTO DATA PROCESS 053015103 208 4400 SH SOLE 1 4400 0 0 AUTOZONE 053332102 20 200 SH SOLE 1 200 0 0 AUTOZONE 053332102 38 377 SH DEFINED 1 377 0 0 AVAYA INC 053499109 1 156 SH SOLE 1 156 0 0 AVON PRODUCTS INC COM 054303102 2 92 SH SOLE 1 92 0 0 AXA-UAP ADR 054536107 13 373 SH SOLE 1 183 0 190 BB&T CORP 054937107 20 464 SH SOLE 1 464 0 0 BASF AG ADR 055262505 228 2847 SH SOLE 1 0 0 2847 BCE INC COMNEW 05534B760 110 4077 SH SOLE 1 0 0 4077 BJ SERVICES CO 055482103 269 8946 SH SOLE 1 277 0 8669 BP AMOCO PLC SPONSORED ADR 055622104 493 7518 SH SOLE 1 5660 0 1858 BP AMOCO PLC SPONSORED ADR 055622104 246 3756 SH DEFINED 1 3756 0 0 BACK YARD BURGERS INC 05635W101 0 150 SH SOLE 1 150 0 0 BALDOR ELEC CO COM 057741100 42062 1364787 SH DEFINED 1 1364787 0 0 BALLARD PWR SYS INC COM 05858H104 0 124 SH SOLE 1 124 0 0 BANCO SANTANDER CENT HISPANO ADR 05964H105 6 390 SH SOLE 1 0 0 390 SA BANCORPSOUTH INC 059692103 25511 919338 SH SOLE 1 918963 0 375 BANCORPSOUTH INC 059692103 2011 72482 SH DEFINED 1 69553 2592 337 BANK OF AMERICA CORP NEW COM 060505104 387 7243 SH SOLE 1 1813 0 5430 BANK OF THE OZARKS, INC 063904106 3121 92200 SH DEFINED 1 92200 0 0 BANKATLANTIC BANCORP CL A 065908501 37 2660 SH SOLE 1 295 0 2365 BAXTER INTL INC 071813109 90 2000 SH SOLE 1 2000 0 0 BEAR STEARNS COS INC 073902108 92 657 SH SOLE 1 657 0 0 BELLSOUTH CORP 079860102 419 9824 SH SOLE 1 9824 0 0 BELLSOUTH CORP 079860102 115 2696 SH DEFINED 1 400 2296 0 BERKSHIRE HATHAWAY "A" 084670108 191 2 SH SOLE 1 1 0 1 BERKSHIRE HATHAWAY INC DEL CL B 084670207 63 20 SH SOLE 1 0 0 20 BERKSHIRE HATHAWAY INC DEL CL B 084670207 9 3 SH DEFINED 1 3 0 0 BEST BUY INC COMMON STOCK 086516101 82 1537 SH SOLE 1 0 0 1537 BIRCH MTN RES LTD COM 09066X109 14 4250 SH SOLE 1 470 0 3780 BLACKBAUD INC COM 09227Q100 9 415 SH SOLE 1 45 0 370 BLACKROCK INVT QUALITY MUNI 09247D105 55 3000 SOLE 1 3000 0 0 TR INC BOEING INC 097023105 142 1804 SH SOLE 1 534 0 1270 BOSTON SCIENTIFIC 101137107 14 1007 SH SOLE 1 1007 0 0 BOYD GAMING CORP 103304101 137 3565 SH SOLE 1 0 0 3565 BRANDYWINE RLTY TR SH BEN INT NEW 105368203 1 48 SH SOLE 1 0 0 48 BRISTOL MYERS SQUIBB CO 110122108 229 9203 SH SOLE 1 9203 0 0 BROADCOM CORP 111320107 195 6440 SH SOLE 1 0 0 6440 BUILDERS FIRSTSOURCE INC COM 12008R107 18 1245 SH SOLE 1 0 0 1245 BURLINGTON NORTHERN/SANTA FE 12189T104 22 310 SH SOLE 1 310 0 0 CORP CBS CORP NEW CL B 124857202 107 3834 SH SOLE 1 3299 0 535 C H ROBINSON WORLDWIDE INC 12541W209 1 31 SH SOLE 1 31 0 0 CIGNA CORPORATION 125509109 226 1949 SH SOLE 1 110 0 1839 CRH PLC ADR 12626K203 4 140 SH SOLE 1 0 0 140 CVS CORP DELAWARE 126650100 180 5606 SH SOLE 1 316 0 5290 CA INC COM 12673P105 1105 46700 SH SOLE 1 46700 0 0 CADBURY SCHWEPPES PLC ADR 127209302 222 5198 SH SOLE 1 1400 0 3798 CADENCE FINANCIAL CORP 12738A101 77 3833 SH SOLE 1 3833 0 0 CADENCE DESIGN SYSTEMS INC 127387108 160 9485 SH SOLE 1 181 0 9304 CALIFORNIA PIZZA KITCHEN INC COM 13054D109 20 675 SH SOLE 1 0 0 675 CAMPBELL SOUP CO COM 134429109 0 15 SH SOLE 1 15 0 0 CANADIAN PAC RAILWAY 13645T100 113 2277 SH SOLE 1 0 0 2277 CANON INC ADR REPSTG 5 SHRS 138006309 372 7115 SH SOLE 1 0 0 7115 CAPITAL ONE FINL CORP COM 14040H105 929 11817 SH SOLE 1 11817 0 0 CAREMARK RX INC 141705103 182 3212 SH SOLE 1 0 0 3212 CARTERS INC 146229109 32 1230 SH SOLE 1 0 0 1230 CASCADE NATURAL GAS 147339105 3 150 SH SOLE 1 150 0 0 CELADON GROUP INC 150838100 24 1469 SH SOLE 1 0 0 1469 CENTERPOINT ENERGY INC 15189T107 10 724 SH SOLE 1 224 0 500 CENTURYTEL, INC 156700106 39 1000 SH SOLE 1 1000 0 0 CERNER CORP COM 156782104 56 1245 SH SOLE 1 0 0 1245 CHATTEM INC COM 162456107 27 782 SH SOLE 1 86 0 696 CHEESECAKE FACTORY 163072101 112 4122 SH SOLE 1 0 0 4122 CHESAPEAKE ENERGY CORP 165167107 83 2878 SH SOLE 1 0 0 2878 CHEVRON CORPORATION 166764100 1048 16165 SH SOLE 1 9130 0 7035 CHEVRON CORPORATION 166764100 142 2200 SH DEFINED 1 2200 0 0 CHINA TELECOM CORP LTD SPON ADR H SHS 169426103 5 150 SH SOLE 1 0 0 150 CHIPOTLE MEXICAN GRILL INC CL A 169656105 21 442 SH SOLE 1 0 0 442 CISCO SYS INC 17275R102 787 34274 SH SOLE 1 16959 0 17315 CITIGROUP, INC 172967101 415 8373 SH SOLE 1 7093 0 1280 CITIGROUP, INC 172967101 362 7307 SH DEFINED 1 7307 0 0 CITIZENS COMMUNICATIONS CO 17453B101 63 4493 SH SOLE 1 0 0 4493 CITIZENS HOLDING COMPANY 174715102 3599 158987 SH SOLE 1 158987 0 0 COACH INC 189754104 278 8100 SH SOLE 1 0 0 8100 COCA COLA CO 191216100 546 12235 SH SOLE 1 9590 0 2645 COCA COLA CO 191216100 251 5625 SH DEFINED 1 5225 0 400 COCA COLA ENTERPRISES INC COM 191219104 41 2000 SH SOLE 1 2000 0 0 COGNIZANT TECHNOLOGY SOL 192446102 158 2141 SH SOLE 1 0 0 2141 COHERENT INC 192479103 48 1405 SH SOLE 1 0 0 1405 COLGATE-PALMOLIVE CO 194162103 181 2926 SH SOLE 1 2926 0 0 COLONIAL PPTYS TR COM SH BEN INT 195872106 1 26 SH SOLE 1 0 0 26 COMCAST CORP NEW CL A COM 20030N101 10 276 SH SOLE 1 276 0 0 COMCAST CORP NEW CL A COM 20030N101 14 401 SH DEFINED 1 0 401 0 COMERICA INC 200340107 10 180 SH SOLE 1 150 0 30 COMMERCE BANCORP INC NJ COM 200519106 451 12302 SH SOLE 1 567 0 11735 COMMSCOPE INC 203372107 101 3095 SH SOLE 1 0 0 3095 COMMUNITY HEALTH SYSTEMS 203668108 57 1529 SH SOLE 1 0 0 1529 COMPUTER SCIENCES CORPORATION COMMON 205363104 4 99 SH DEFINED 1 0 0 99 COMSTOCK HOMEBUILDING COS 205684103 5 935 SH SOLE 1 0 0 935 COMTECH TELECOMMUNICATIONS C COM NEW 205826209 49 1465 SH SOLE 1 0 0 1465 CONAGRA FOODS INC COM 205887102 462 18918 SH SOLE 1 551 0 18367 CONEXANT SYS INC COM 207142100 0 176 SH SOLE 1 176 0 0 CONN'S INC 208242107 21 1045 SH SOLE 1 0 0 1045 CONN'S INC 208242107 16 800 SH DEFINED 1 800 0 0 CONOCO PHILLIPS 20825C104 459 7719 SH SOLE 1 7484 0 235 CONSECO INC NEW 208464883 305 14573 SH SOLE 1 550 0 14023 CONSOL ENERGY INC COM 20854P109 62 1980 SH SOLE 1 0 0 1980 CONSOLIDATED EDISON INC COM 209115104 1 34 SH SOLE 1 0 0 34 COOPER TIRE & RUBBER CO 216831107 154 15328 SH SOLE 1 14953 0 375 COOPER TIRE & RUBBER CO 216831107 1 100 SH DEFINED 1 100 0 0 CORN PRODUCTS INTERNATIONAL 219023108 35 1100 SH SOLE 1 120 0 980 INC CORNING INC 219350105 156 6426 SH SOLE 1 0 0 6426 COSI INC COM 22122P101 10 2045 SH SOLE 1 0 0 2045 COSTCO WHOLESALE CORP 22160K105 378 7622 SH SOLE 1 776 0 6846 CREDIT SUISSE GROUP ADR 225401108 264 4564 SH SOLE 1 108 0 4456 CROSS TIMBERS ROYALTY TRUST 22757R109 23 500 SH SOLE 1 500 0 0 CROWN CASTLE INTL CORP COM 228227104 189 5376 SH SOLE 1 19 0 5357 CYBERSOURCE CORP COM 23251J106 37 3135 SH SOLE 1 0 0 3135 CYTEC INDS INC COM 232820100 40 727 SH SOLE 1 79 0 648 DNP SELECT INCOME FD INC 23325P104 11 1100 SH SOLE 1 1100 0 0 DPL INC COM 233293109 55 2060 SH SOLE 1 0 0 2060 DRS TECHNOLOGIES INC 23330X100 52 1212 SH SOLE 1 133 0 1079 DTE ENERGY CO 233331107 15 370 SH SOLE 1 100 0 270 DANAHER CORP DEL COM 235851102 94 1382 SH SOLE 1 0 0 1382 DEALERTRACK HLDGS INC COM 242309102 17 810 SH SOLE 1 0 0 810 DEERE & CO 244199105 167 1995 SH SOLE 1 1895 0 100 DELL INC 24702R101 542 23742 SH SOLE 1 7456 0 16286 DELTIC TIMBER INC 247850100 313 6572 SH SOLE 1 6572 0 0 DELTIC TIMBER INC 247850100 21326 447565 SH DEFINED 1 0 447565 0 DEUTSCHE TELEKOM A G SPON ADR 251566105 3 215 SH SOLE 1 0 0 215 DIAGEO P L C SPON ADR NEW 25243Q205 479 6755 SH SOLE 1 3094 0 3661 DIAMONDROCK HOSPITALITY CO COM 252784301 14 880 SH SOLE 1 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0 0 1230 EASTERN AMERICAN NATURAL GAS 276217106 12 500 SH SOLE 1 500 0 0 TR SPERS RCT 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 537 7809 SH SOLE 1 173 0 7636 EATON VANCE TAX MANAGED GLOB 27829C105 19 1000 SH SOLE 1 1000 0 0 EBAY INC 278642103 468 16533 SH SOLE 1 1721 0 14812 ECOLAB INC COMMON 278865100 17 400 SH SOLE 1 0 0 400 EDWARDS LIFESCIENCES CORP 28176E108 11 240 SH SOLE 1 240 0 0 EL PASO CORPORATION 28336L109 380 27928 SH SOLE 1 850 0 27078 EL PASO ELEC CO 283677854 0 6 SH SOLE 1 6 0 0 ELECTRONIC ARTS INC 285512109 884 15845 SH SOLE 1 844 0 15001 EMBARQ CORP COM 29078E105 120 2500 SH SOLE 1 2500 0 0 EMERGENCY MEDICAL SVCS CORP CL A 29100P102 21 1305 SH SOLE 1 0 0 1305 EMERSON ELECTRIC CO 291011104 75 900 SH SOLE 1 900 0 0 ENBRIDGE ENERGY PARTNERS LP 29250R106 23 500 SH SOLE 1 500 0 0 ENCANA CORP-CAD 292505104 100 2145 SH SOLE 1 0 0 2145 ENCORE WIRE CORP COM 292562105 1127 31948 SH SOLE 1 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MOBIL CORP 30231G102 1688 25158 SH DEFINED 1 15758 8600 800 FED HMN LN MTG CORP VOTING COM 313400301 13 205 SH SOLE 1 0 0 205 FEDERATED DEPT STORES INC 31410H101 150 3477 SH SOLE 1 80 0 3397 FEDEX CORPORATION 31428X106 143 1319 SH SOLE 1 109 0 1210 FERRELLGAS PARTNERS L P 315293100 11 500 SH SOLE 1 500 0 0 FIDELITY NATL FINL INC COM 316326107 1 43 SH SOLE 1 43 0 0 FINANCIAL FED CORP COM 317492106 36 1377 SH SOLE 1 154 0 1223 FIRST CASH FINANCIAL SVC INC 31942D107 21 1050 SH SOLE 1 115 0 935 FIRST DATA CORP COM 319963104 673 16037 SH SOLE 1 493 0 15544 FIRST HORIZON NATIONAL 320517105 22 581 SH SOLE 1 494 0 87 FIRST M & F CORP 320744105 87 4776 SH SOLE 1 4776 0 0 FIRSTMERIT CORP 337915102 182 7884 SH SOLE 1 7884 0 0 FIRST ENERGY CORP COMMON 337932107 223 4000 SH SOLE 1 4000 0 0 FORD MOTOR COMPANY COMMON 345370860 6 830 SH SOLE 1 330 0 500 FOREST LABS 345838106 177 3500 SH SOLE 1 3500 0 0 FRANCE TELECOM SPONSORED ADR 35177Q105 6 300 SH SOLE 1 0 0 300 FREEPORT MCMORAN COPPER & CLASS B 35671D857 4 79 SH SOLE 1 44 0 35 GOLD FREESCALE SEMICONDUCTOR 35687M206 2 72 SH SOLE 1 72 0 0 FREESCALE SEMICONDUCTOR 35687M206 1 33 SH DEFINED 1 33 0 0 FRONTIER OIL CORP 35914P105 5 200 SH SOLE 1 200 0 0 FUJI PHOTO NEW ADR 359586302 365 10016 SH SOLE 1 0 0 10016 GFI GROUP INC COM 361652209 14 270 SH SOLE 1 0 0 270 GALLAGHER ARTHUR J & CO 363576109 3 113 SH SOLE 1 0 0 113 GAMESTOP CORP 36467W109 84 1837 SH SOLE 1 0 0 1837 GAP INC DEL COM 364760108 1 76 SH SOLE 1 76 0 0 GARDNER DENVER 365558105 35 1070 SH SOLE 1 0 0 1070 GAYLORD ENTMT CO NEW COM 367905106 105 2412 SH SOLE 1 27 0 2385 GENENTECH INC 368710406 314 3802 SH SOLE 1 0 0 3802 GENERAL CABLE CORP DEL NEW COM 369300108 32 855 SH SOLE 1 95 0 760 GENERAL ELECTRIC CO 369604103 1705 48321 SH SOLE 1 41379 0 6942 GENERAL ELECTRIC CO 369604103 17 500 SH DEFINED 1 500 0 0 GENERAL MLS INC COM 370334104 1 22 SH SOLE 1 22 0 0 GEN MTR CORP 370442105 4 150 SH SOLE 1 150 0 0 GENESEE & WYOMING CLASS A 371559105 19 838 SH SOLE 1 92 0 746 GENESIS HEALTHCARE CORP COM 37184D101 10 220 SH SOLE 1 0 0 220 GENLYTE GROUP INC 372302109 24 350 SH SOLE 1 0 0 350 GIBRALTAR INDUSTRIES INC 374689107 31 1407 SH SOLE 1 157 0 1250 GILEAD SCIENCES INC 375558103 162 2370 SH SOLE 1 0 0 2370 GLAXOSMITHKLINE PLC ADR 37733W105 420 7909 SH SOLE 1 177 0 7732 GOLDMAN SACHS GROUP 38141G104 142 842 SH SOLE 1 395 0 447 B F GOODRICH 382388106 69 1721 SH SOLE 1 0 0 1721 GOOGLE INC 38259P508 276 688 SH SOLE 1 0 0 688 GULFPORT ENERGY CORP COM NEW 402635304 50 4363 SH SOLE 1 368 0 3995 HCC INSURANCE HOLDINGS, INC 404132102 38 1161 SH SOLE 1 287 0 874 HMS HLDGS CORP COM 40425J101 20 1625 SH SOLE 1 0 0 1625 HSBC HLDGS PLC SPONSORED ADR 404280406 333 3643 SH SOLE 1 0 0 3643 HAEMONETICS CORP 405024100 29 620 SH SOLE 1 0 0 620 HALLIBURTON CO COM 406216101 297 10445 SH SOLE 1 3597 0 6848 HANCOCK FABRICS 409900107 4 1600 SH SOLE 1 1600 0 0 JOHN HANCOCK PFD INC II 41013X106 9 400 SH SOLE 1 400 0 0 JOHN HANCOCK PREFERRED INCOME 41021P103 2 130 SH SOLE 1 130 0 0 FUND III HANESBRANDS INC COM 410345102 13 616 SH SOLE 1 616 0 0 HARRAHS ENTERTAINMENT INC 413619107 309 4657 SH SOLE 1 55 0 4602 HARRIS CORP 413875105 124 2800 SH SOLE 1 2800 0 0 HAWAIIAN ELEC INDS INC 419870100 30 1130 SH DEFINED 1 1130 0 0 HEALTH CARE SERVICES GROUP 421906108 54 2170 SH SOLE 1 235 0 1935 INC HEALTH MANAGEMENT ASSOCIATES CL A 421933102 55 2641 SH SOLE 1 0 0 2641 HEALTHCARE REALTY TR 421946104 36 950 SH SOLE 1 155 0 795 HEALTH CARE REIT INC 42217K106 2 66 SH SOLE 1 0 0 66 HEINZ H J CO COM 423074103 11 273 SH SOLE 1 273 0 0 HERCULES OFFSHORE INC COM 427093109 13 430 SH SOLE 1 0 0 430 HEWLETT PACKARD CO 428236103 79 2159 SH SOLE 1 1843 0 316 HIGH INCOME OPPORTUNITY FD 42967Q105 15 2500 SH SOLE 1 2500 0 0 HIGHLAND HOSPITALITY CORP 430141101 32 2288 SH SOLE 1 248 0 2040 HILB ROGAL & HOBBS COMPANY 431294107 29 693 SH SOLE 1 172 0 521 HILTON HOTELS CORP 432848109 105 3783 SH SOLE 1 0 0 3783 HOLLYWOOD MEDIA CORP 436233100 9 2485 SH SOLE 1 0 0 2485 HOLOGIC INC COM 436440101 21 485 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42096 INTEL CORP CAP 458140100 41 2000 SH DEFINED 1 2000 0 0 INTERCONTINENTALEXCHANGE INC COM 45865V100 50 677 SH SOLE 1 0 0 677 IBM CORP 459200101 589 7198 SH SOLE 1 4565 0 2633 IBM CORP 459200101 36 450 SH DEFINED 1 450 0 0 INTERNATIONAL DISPLAYWORKS 459412102 13 2055 SH SOLE 1 0 0 2055 INTERNATIONAL GAME TECH 459902102 100 2413 SH SOLE 1 0 0 2413 INTL PAPER CO 460146103 10 300 SH SOLE 1 300 0 0 INTL PAPER CO 460146103 31 900 SH DEFINED 1 0 900 0 INTERNATIONAL SPEEDWAY CORP CL A 460335201 43 863 SH SOLE 1 0 0 863 INTERPUBLIC GROUP COS INC COM 460690100 298 30127 SH SOLE 1 919 0 29208 INTUIT 461202103 0 24 SH SOLE 1 24 0 0 IXYS CORP 46600W106 17 2030 SH SOLE 1 0 0 2030 JPMORGAN CHASE & CO COM 46625H100 206 4388 SH SOLE 1 4083 0 305 JPMORGAN CHASE & CO COM 46625H100 162 3456 SH DEFINED 1 1500 1956 0 JABAIL CIRCUIT INC 466313103 58 2044 SH SOLE 1 0 0 2044 JACUZZI BRANDS INC 469865109 27 2755 SH SOLE 1 300 0 2455 JANUS CAPITAL GROUP INC. 47102X105 80 4077 SH SOLE 1 0 0 4077 JOHNSON & 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CORP AMER HLDGS COM NEW 50540R409 41 628 SH SOLE 1 0 0 628 LAFARGE SPONSORED ADR 505861401 7 230 SH SOLE 1 0 0 230 LAMAR ADVERTISING CO 512815101 87 1632 SH SOLE 1 0 0 1632 LANDSTAR SYSTEM INC 515098101 45 1073 SH SOLE 1 118 0 955 LAS VEGAS SANDS CORP 517834107 0 11 SH SOLE 1 11 0 0 LEAP WIRELESS INTL INC COM NEW 521863308 62 1297 SH SOLE 1 0 0 1297 LEGG MASON INC 524901105 75 749 SH SOLE 1 0 0 749 LENNOX INTL INC COM 526107107 68 2985 SH SOLE 1 325 0 2660 LEVEL 3 COMMUNICATIONS INC 52729N100 25 4685 SH SOLE 1 4685 0 0 LEXINGTON CORP PPTYS TR COM 529043101 2 108 SH SOLE 1 0 0 108 ELI LILLY & CO 532457108 119 2100 SH SOLE 1 2100 0 0 ELI LILLY & CO 532457108 74 1300 SH DEFINED 1 1300 0 0 LIMITED BRANDS, INC 532716107 155 5858 SH SOLE 1 329 0 5529 LINCOLN NATIONAL CORP IND 534187109 16 265 SH SOLE 1 0 0 265 LIQUIDITY SERVICES INC COM 53635B107 26 1670 SH SOLE 1 0 0 1670 LLOYDS TSB GROUP PLC ADR 539439109 591 14607 SH SOLE 1 471 0 14136 LOCKHEED MARTIN CORP 539830109 226 2635 SH SOLE 1 2635 0 0 LOWES CO INC 548661107 589 20999 SH SOLE 1 9342 0 11657 LUCENT TECHNOLOGIES 549463107 6 2576 SH SOLE 1 1526 0 1050 LYONDELL CHEMICAL CO 552078107 13 520 SH SOLE 1 0 0 520 M & T BANK CORP 55261F104 239 2000 SH SOLE 1 2000 0 0 MBIA INC 55262C100 484 7884 SH SOLE 1 229 0 7655 MB FINANCIAL INC NEW 55264U108 50 1370 SH SOLE 1 150 0 1220 MFA MTG INVTS INC COM 55272X102 38 5174 SH SOLE 1 559 0 4615 MANOR CARE INC 564055101 55 1060 SH SOLE 1 0 0 1060 MANULIFE FINANCIAL CORP 56501R106 1891 58662 SH SOLE 1 58662 0 0 MAPINFO CORP 565105103 10 850 SH SOLE 1 0 0 850 MARATHON OIL CORP 565849106 31 413 SH SOLE 1 38 0 375 MARRIOTT INTL INC NEW CL A 571903202 147 3816 SH SOLE 1 0 0 3816 MARTEN TRANSPORT LTD 573075108 28 1655 SH SOLE 1 0 0 1655 MASCO CORPORATION 574599106 11 430 SH SOLE 1 0 0 430 MATRIXX INITIATIVES INC 57685L105 13 715 SH SOLE 1 0 0 715 MATTELL INC 577081102 16 835 SH SOLE 1 0 0 835 MAXIM INTEGRATED PRODUCTS INC 57772K101 155 5549 SH SOLE 1 574 0 4975 MCCORMICK & SCHMICKS SEAFOOD 579793100 11 500 SH SOLE 1 0 0 500 MCDERMOTT INTL INC COM 580037109 61 1462 SH SOLE 1 0 0 1462 MCDONALD'S CORP 580135101 229 5872 SH SOLE 1 5872 0 0 MCGRATH RENTCORP 580589109 51 2013 SH SOLE 1 226 0 1787 MCKESSON CORP 58155Q103 182 3459 SH SOLE 1 3459 0 0 MEADWESTVACO CORP 583334107 118 4484 SH SOLE 1 1547 0 2937 MEDCO HEALTH SOLUTIONS INC 58405U102 23 393 SH SOLE 1 393 0 0 MEDICAL ACTION INDUSTRIES INC 58449L100 31 1175 SH SOLE 1 175 0 1000 MEDTRONIC INC COM 585055106 105 2283 SH SOLE 1 800 0 1483 MELLON FINL CORP 58551A108 31 800 SH SOLE 1 800 0 0 MERCK & CO INC 589331107 172 4127 SH SOLE 1 3572 0 555 MERIT MED SYS INC 589889104 28 2100 SH SOLE 1 0 0 2100 MERRILL LYNCH & CO, INC 590188108 253 3239 SH SOLE 1 2265 0 974 METLIFE INC COM 59156R108 0 14 SH SOLE 1 14 0 0 MICROS SYSTEMS INC 594901100 63 1305 SH SOLE 1 90 0 1215 MICROSOFT CORP 594918104 981 35909 SH SOLE 1 10359 0 25550 MICROCHIP TECH INC 595017104 77 2380 SH SOLE 1 0 0 2380 MICROSEMI CORP 595137100 20 1110 SH SOLE 1 0 0 1110 MID-AMERICA APARTMENT CMNTYS 59522J103 56 920 SH DEFINED 1 920 0 0 MIDAS GROUP INC 595626102 13 666 SH SOLE 1 666 0 0 MILLER HERMAN INC COM 600544100 10 300 SH SOLE 1 300 0 0 MINDSPEED TECNOLOGIES 602682106 0 58 SH SOLE 1 58 0 0 MIRANT CORP NEW COM 60467R100 115 4248 SH SOLE 1 99 0 4149 MIRANT CORP NEW WT SER A 60467R118 3 322 SH SOLE 1 322 0 0 MOBILE MINI INC COM 60740F105 25 890 SH SOLE 1 0 0 890 MONEYGRAM INTERNATIONAL INC 60935Y109 10 348 SH SOLE 1 348 0 0 MONRO MUFFLER BRAKE INC COM 610236101 43 1265 SH SOLE 1 140 0 1125 MONSANTO CO. (NEW) 61166W101 20 434 SH SOLE 1 434 0 0 MOODYS CORP 615369105 269 4125 SH SOLE 1 422 0 3703 MOOG INC CL A 615394202 51 1499 SH SOLE 1 163 0 1336 MORGAN STANLEY DEAN WITTER 617446448 483 6634 SH SOLE 1 6399 0 235 DISCOVER & CO MORGAN STANLEY DEAN WITTER 617446448 18 260 SH DEFINED 1 260 0 0 DISCOVER & CO MOTOROLA INC 620076109 140 5616 SH SOLE 1 868 0 4748 MOTOROLA INC 620076109 7 300 SH DEFINED 1 300 0 0 MUNICIPAL MORTGAGE & EQUITY 62624B101 113 4000 SH SOLE 1 4000 0 0 LLC - GROWTH SH MUNIVEST FD INC COM 626295109 49 5000 SOLE 1 5000 0 0 MUNIYIELD INSURED 62630E107 107 7500 DEFINED 1 7500 0 0 MURPHY OIL CORP COM 626717102 5553 116826 SH SOLE 1 110826 0 6000 MURPHY OIL CORP COM 626717102 374769 7883246 SH DEFINED 1 0 7883246 0 MYLAN LABORATORIES INC 628530107 38 1908 SH SOLE 1 1908 0 0 NCI BUILDING SYS INC COM 628852105 27 475 SH SOLE 1 0 0 475 NII HLDGS INC CL B NEW 62913F201 187 3016 SH SOLE 1 0 0 3016 NTL INC NEW COM 62941W101 79 3122 SH SOLE 1 0 0 3122 NYSE GROUP INC COM 62949W103 78 1049 SH SOLE 1 0 0 1049 NASDAQ 100 TRUST 631100104 4 100 SH SOLE 1 100 0 0 NASDAQ STOCK MARKET INC COM 631103108 85 2817 SH SOLE 1 0 0 2817 NATCO GROUP INC CL A 63227W203 11 410 SH SOLE 1 0 0 410 NATIONAL AUSTRALIA BK LTD ADR 632525408 208 1526 SH SOLE 1 0 0 1526 NATIONAL CITY CORP COM 635405103 5 160 SH SOLE 1 45 0 115 NATIONAL OILWELL VARCO INC 637071101 90 1545 SH SOLE 1 0 0 1545 NAVARRE CORP 639208107 8 2035 SH SOLE 1 0 0 2035 NEENAH PAPER INC 640079109 0 15 SH SOLE 1 15 0 0 NETLOGIC MICROSYSTEMS INC COM 64118B100 16 665 SH SOLE 1 0 0 665 NEUSTAR INC CL A 64126X201 36 1315 SH SOLE 1 0 0 1315 NEWPARK RESOURCES, INC 651718504 0 8 SH SOLE 1 8 0 0 NIPPON TEL & TEL SPON ADR 654624105 174 7117 SH SOLE 1 160 0 6957 NISOURCE INC 65473P105 164 7575 SH SOLE 1 7575 0 0 NISSAN MOTORS SPONSORED ADR 654744408 6 310 SH SOLE 1 0 0 310 NOKIA CORP SPND ADR 654902204 388 19757 SH SOLE 1 0 0 19757 NOMURA HOLDINGS INC ADR 65535H208 222 12648 SH SOLE 1 298 0 12350 NORDSON CORP COM 655663102 40 1005 SH SOLE 1 110 0 895 NORFOLK SO CORP 655844108 63 1434 SH SOLE 1 1434 0 0 NORSK HYDRO AS ADR 656531605 4 180 SH SOLE 1 0 0 180 NORTHERN TRUST COMPANY NTRS 665859104 104 1780 SH SOLE 1 1780 0 0 NORTHERN TRUST COMPANY NTRS 665859104 210 3600 SH DEFINED 1 3600 0 0 NOVARTIS AG SPONSORED ADR 66987V109 748 12803 SH SOLE 1 3768 0 9035 NOVELL INC 670006105 109 17872 SH SOLE 1 0 0 17872 NUVEEN INSD PREMIUM INCOME 6706D8104 4 338 SOLE 1 338 0 0 MUNI FD NUVEEN PREMIUM INCOME MUN 6706K4105 25 2000 DEFINED 1 2000 0 0 FUND 4 NUTRI SYS INC NEW COM 67069D108 46 750 SH SOLE 1 0 0 750 NUVEEN PREMIER INSURED MUN 670987106 14 1000 DEFINED 1 1000 0 0 INCOME FUND INC NUVEEN PREMIER MUNICIPAL INC 670988104 21 1565 SOLE 1 1565 0 0 OCCIDENTAL PETE COR DEL 674599105 127 2648 SH SOLE 1 1022 0 1626 OMNICARE INC COM 681904108 99 2306 SH SOLE 1 0 0 2306 OMNIVISION TECHNOLOGIES 682128103 20 1440 SH SOLE 1 0 0 1440 OPNET TECHNOLOGIES INC COM 683757108 17 1315 SH SOLE 1 0 0 1315 ORACLE SYSTEMS CORP 68389X105 340 19215 SH SOLE 1 12883 0 6332 ORANGE 685317109 9 2015 SH SOLE 1 0 0 2015 ORIX CORP 686330101 6 45 SH SOLE 1 0 0 45 OWENS ILL INC COM NEW 690768403 28 1839 SH SOLE 1 0 0 1839 PACKAGING CORP AMER 695156109 3 141 SH SOLE 1 0 0 141 PACTIV COPR 695257105 25 897 SH SOLE 1 897 0 0 PALOMAR MEDICAL TECHNOLOGIES 697529303 13 325 SH SOLE 1 0 0 325 PANERA BREAD COMPANY 69840W108 59 1022 SH SOLE 1 0 0 1022 PARALLEL PETE CORP DEL COM 699157103 24 1210 SH SOLE 1 0 0 1210 PATTERSON COMPANIES INC 703395103 367 10932 SH SOLE 1 615 0 10317 PEDIATRIX MEDICAL GROUP INC 705324101 82 1811 SH SOLE 1 198 0 1613 PENN NATL GAMING INC COM 707569109 118 3253 SH SOLE 1 0 0 3253 PEOPLES ENERGY CORP COM 711030106 2 57 SH SOLE 1 0 0 57 PEPSI BOTTLING GROUP INC 713409100 1 33 SH SOLE 1 33 0 0 PEPSIAMERICAS INC 71343P200 85 4000 SH SOLE 1 4000 0 0 PEPSICO INC COM 713448108 1243 19057 SH SOLE 1 15589 0 3468 PEPSICO INC COM 713448108 99 1530 SH DEFINED 1 430 1100 0 PETROCHINA CO LTD 71646E100 20 195 SH SOLE 1 0 0 195 PETSMART INC 716768106 105 3814 SH SOLE 1 0 0 3814 PFIZER INC 717081103 974 34346 SH SOLE 1 17621 0 16725 PFIZER INC 717081103 82 2900 SH DEFINED 1 2200 700 0 PIKE ELEC CORP COM 721283109 46 3109 SH SOLE 1 338 0 2771 PIMCO MUNI INCOME FUND III 72201A103 20 1333 SOLE 1 1333 0 0 PINNACLE WEST CAP CORP 723484101 180 4005 SH SOLE 1 4005 0 0 PITNEY BOWES INC COM 724479100 0 13 SH SOLE 1 13 0 0 PLAINS ALL AMERICAN PIPELINE, 726503105 46 1000 SH SOLE 1 1000 0 0 L.P. POLARIS INDS INC 731068102 4 100 SH SOLE 1 100 0 0 POWER-ONE INC 739308104 28 3910 SH SOLE 1 0 0 3910 PRESSTEK INC COM 741113104 13 2515 SH SOLE 1 0 0 2515 PRIMEWEST ENERGY TRUST UNIT NEW 741930309 14 573 SH SOLE 1 573 0 0 PRINCIPAL FINANCIAL GROUP 74251V102 69 1283 SH SOLE 1 1283 0 0 PROCTER & GAMBLE CO COM 742718109 1318 21283 SH SOLE 1 19434 0 1849 PROCTER & GAMBLE CO COM 742718109 475 7676 SH DEFINED 1 7676 0 0 PRIVATEBANCORP INC COM 742962103 12 265 SH SOLE 1 30 0 235 PROLOGIS SH BEN INT COM 743410102 0 12 SH SOLE 1 12 0 0 PROVIDENCE SYC CORP 743815102 30 1110 SH SOLE 1 0 0 1110 PRUDENTIAL PLC ADR 74435K204 4 200 SH SOLE 1 0 0 200 PSYCHIATRIC SOLUTIONS 74439H108 34 1000 SH SOLE 1 0 0 1000 PUBLIC STORAGE, INC REIT 74460D109 0 6 SH SOLE 1 6 0 0 PUTNAM MANAGED MUNICIPAL INCOME TRUST 746823103 1 250 SOLE 1 250 0 0 QLOGIC CORP COM 747277101 18 1000 SH SOLE 1 1000 0 0 QUALCOMM INC 747525103 193 5325 SH SOLE 1 0 0 5325 QUANTUM FUEL SYS TECHNOLOGIES COM 74765E109 0 285 SH SOLE 1 285 0 0 QUIKSILVER INC COM 74838C106 52 4287 SH SOLE 1 0 0 4287 QWEST COMMUNICATIONS INTL INC COM 749121109 6 714 SH SOLE 1 714 0 0 RMK HIGH INCOME FUND 74963B105 18 1008 SH SOLE 1 1008 0 0 RAYMOND JAMES FINANCIAL CORP 754730109 51 1774 SH SOLE 1 190 0 1584 REALOGY CORP 75605E100 160 7082 SH SOLE 1 217 0 6865 REDWOOD TR INC COM 758075402 38 760 SH SOLE 1 80 0 680 REED ELSEVIER N V SPONSORED ADR 758204101 6 180 SH SOLE 1 0 0 180 REED ELSEVIER PLC SPON ADR 758205108 287 6462 SH SOLE 1 0 0 6462 REGAL ENTMT GROUP CL A 758766109 58 2965 SH SOLE 1 0 0 2965 REGIS CORPORATION-MN 758932107 42 1187 SH SOLE 1 120 0 1067 REGIONS FINANCIAL CORP NEW 7591EP100 1525 41458 SH SOLE 1 40603 0 855 REGIONS FINANCIAL CORP NEW 7591EP100 81 2205 SH DEFINED 1 0 2205 0 RELIANT ENERGY INC 75952B105 4 394 SH SOLE 1 0 0 394 RENASANT CORP COM 75970E107 63 2259 SH SOLE 1 2259 0 0 REPSOL YPF ADR 76026T205 158 5299 SH SOLE 1 0 0 5299 REXAM PLC SP ADR NEW 2001 761655406 5 110 SH SOLE 1 0 0 110 REYNOLDS & REYNOLDS CO CL A 761695105 56 1439 SH SOLE 1 155 0 1284 REYNOLDS AMERICAN INC 761713106 20 330 SH SOLE 1 0 0 330 RIO TINTO PLC SPONSORED ADR 767204100 7 40 SH SOLE 1 0 0 40 ROCKWELL AUTOMATION, INC 773903109 97 1686 SH SOLE 1 177 0 1509 ROCKWELL COLLINS INC 774341101 9 177 SH SOLE 1 177 0 0 ROSETTA RESOURCES INC 777779307 14 870 SH SOLE 1 95 0 775 ROWAN COMPANIES INC 779382100 84 2671 SH SOLE 1 0 0 2671 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 460 6740 SH SOLE 1 82 0 6658 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 106 1551 SH DEFINED 1 1551 0 0 ROYAL DUTCH SHELL PLC 780259206 211 3200 SH DEFINED 1 3200 0 0 RUBY TUESDAY INC 781182100 17 630 SH DEFINED 1 0 0 630 RUDOLPH TECHNOLOGIES INC COM 781270103 9 514 SH SOLE 1 0 0 514 RUSH ENTERPRISES INC 781846209 30 1850 SH SOLE 1 0 0 1850 SLM CORP COMMOM 78442P106 81 1559 SH SOLE 1 0 0 1559 SVB FINL GROUP COM 78486Q101 22 495 SH SOLE 1 0 0 495 SABINE ROYALTY TRUST 785688102 144 3200 SH SOLE 1 3200 0 0 ST JUDE MEDICAL 790849103 238 6760 SH SOLE 1 4810 0 1950 ST PAUL TRAVELERS CO.'S INC 792860108 236 5039 SH SOLE 1 252 0 4787 SANOFI-AVENTIS ADR 80105N105 582 13110 SH SOLE 1 368 0 12742 SAP AKTIENGESELLSCHAFT SPNSD ADRS 803054204 48 982 SH SOLE 1 0 0 982 SARA LEE CORP COM 803111103 79 4934 SH SOLE 1 4934 0 0 SCANA CORP NEW 80589M102 8 222 SH SOLE 1 222 0 0 SCHERING PLOUGH CORP COM 806605101 313 14184 SH SOLE 1 14184 0 0 SCHLUMBERGER LTD COM 806857108 307 4957 SH SOLE 1 2280 0 2677 THE CHARLES SCHWAB CORP 808513105 161 9012 SH SOLE 1 0 0 9012 SCOTTISH PWR PLC SP ADR FNL NEW 81013T804 3 73 SH SOLE 1 0 0 73 SCOTTS MIRACLE GRO CO CL A 810186106 44 995 SH SOLE 1 110 0 885 SCRIPPS EW INC NEW CL A 811054204 28 600 SH SOLE 1 600 0 0 SELECT COMFORT CORP 81616X103 17 817 SH SOLE 1 0 0 817 SEMPRA ENERGY COM 816851109 15 310 SH SOLE 1 0 0 310 SERVICEMASTER COMPANY COM 81760N109 67 6023 SH SOLE 1 6023 0 0 SIEMENS AG ADR 826197501 6 70 SH SOLE 1 0 0 70 SIGNET GROUP PLC SP ADR REP 10 82668L872 2 110 SH SOLE 1 0 0 110 SIGNATURE BK NEW YORK N Y COM 82669G104 14 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0 5187 & DELIVERY) STARBUCKS CORP 855244109 442 13002 SH SOLE 1 1202 0 11800 STARWOOD HOTELS & RESORTS COM 85590A401 29 520 SH SOLE 1 520 0 0 WORLDWIDE INC STATOIL ASA SPON ADR 85771P102 87 3674 SH SOLE 1 0 0 3674 STORA ENSO OYJ ADR 86210M106 171 11363 SH SOLE 1 0 0 11363 STRATASYS INC 862685104 21 810 SH SOLE 1 0 0 810 STRAYED ED INC COM 863236105 45 423 SH SOLE 1 46 0 377 SUBURBAN PROPANE PARTNERS L P 864482104 16 500 SH SOLE 1 500 0 0 SUNCOR ENERGY INC 867229106 144 2002 SH SOLE 1 1034 0 968 SUNRISE SENIOR LIVING INC COM 86768K106 17 570 SH SOLE 1 0 0 570 SUNTRUST BANKS INC COM 867914103 55 717 SH SOLE 1 717 0 0 SUPERIOR ENERGY SERVICES INC 868157108 9 380 SH SOLE 1 0 0 380 SUPER VALU INC 868536103 14 480 SH SOLE 1 0 0 480 SYMBION INC 871507109 11 630 SH SOLE 1 0 0 630 SYSCO CORP 871829107 532 15933 SH SOLE 1 1326 0 14607 TD BANKNORTH INC 87235A101 5 196 SH SOLE 1 196 0 0 TEPPCO PARTNERS LP 872384102 40 1100 SH SOLE 1 155 0 945 TNT N V SPONSORED ADR 87260W101 341 8971 SH SOLE 1 0 0 8971 TXU CORP 873168108 187 3000 SH SOLE 1 0 0 3000 TAIWAN SEMICONDUCTOR MFG CO ADR'S 874039100 70 7317 SH SOLE 1 0 0 7317 LTD TALISMAN ENERGY INC COM 87425E103 5 310 SH SOLE 1 0 0 310 TARGET CORP 87612E106 566 10247 SH SOLE 1 1265 0 8982 TARGET CORP 87612E106 16 300 SH DEFINED 1 300 0 0 TEAM INC 878155100 23 955 SH SOLE 1 105 0 850 TEKELEC COM 879101103 43 3371 SH SOLE 1 366 0 3005 TELECOM CORP OF NEW ZEALAND 879278208 3 141 SH SOLE 1 0 0 141 TELEFONOS DE MEXICO SA DE CV SPONS ADR 879403780 117 4593 SH SOLE 1 0 0 4593 TELLABS INC DELAWARE 879664100 46 4261 SH SOLE 1 0 0 4261 TELLABS INC DELAWARE 879664100 2 200 SH DEFINED 1 200 0 0 TEMPLE INLAND INC COM 879868107 72 1800 SH SOLE 1 1800 0 0 TELETECH HOLDINGS INC COM 879939106 30 1935 SH SOLE 1 0 0 1935 TERRA INDUSTRIES INC 880915103 0 15 SH SOLE 1 15 0 0 TEVA PHARMACEUTICAL IND ADR'S 881624209 416 12229 SH SOLE 1 1004 0 11225 TESSERA TECHNOLOGIES INC 88164L100 13 400 SH SOLE 1 0 0 400 TEXAS INSTRUMENTS 882508104 200 6039 SH SOLE 1 1702 0 4337 THERMO ELECTRON CORP 883556102 0 15 SH SOLE 1 15 0 0 THESTREET COM COM 88368Q103 14 1390 SH SOLE 1 0 0 1390 THOMAS MULTIMEDIA ADR 885118109 282 17955 SH SOLE 1 218 0 17737 THORNBURG MORTGAGE INC 885218107 12 500 SH SOLE 1 500 0 0 3M CO 88579Y101 335 4511 SH SOLE 1 3511 0 1000 TIDEWATER INC 886423102 13 300 SH SOLE 1 0 0 300 TIFFANY & CO NEW 886547108 36 1100 SH SOLE 1 1100 0 0 TIME WARNER INC 887317105 206 11340 SH SOLE 1 11340 0 0 TORONTO-DOMINION BANK ADR 891160509 5 94 SH SOLE 1 94 0 0 TOTAL FINA ELF S.A. ADR 89151E109 267 4058 SH SOLE 1 94 0 3964 TOWER GROUP INC COM 891777104 19 585 SH SOLE 1 0 0 585 TOYOTA MOTOR CORP ADR NEW 892331307 154 1415 SH SOLE 1 32 0 1383 TRADESTATION GROUP INC 89267P105 11 765 SH SOLE 1 0 0 765 TRANSACTION SYS ARCHITECTS COM 893416107 26 760 SH SOLE 1 0 0 760 TRIAD HOSPS INC 89579K109 23 543 SH SOLE 1 125 0 418 TRIARC COMPANIES "B" SR1 895927309 54 3622 SH SOLE 1 394 0 3228 TRIBUNE COMPANY 896047107 26 800 SH SOLE 1 800 0 0 TRONOX, INC 897051207 0 9 SH SOLE 1 9 0 0 TRUE RELIGION APPAREL INC COM 89784N104 31 1510 SH SOLE 1 0 0 1510 TRUSTMARK CORP COM 898402102 504 16043 SH SOLE 1 16043 0 0 TYLER TECHNOLOGIES INC COM 902252105 23 1842 SH SOLE 1 201 0 1641 TYSON FOODS INC CL A 902494103 299 18874 SH SOLE 1 582 0 18292 UAL CORP COM NEW 902549807 53 2017 SH SOLE 1 0 0 2017 UCBH HOLDINGS INC 90262T308 25 1442 SH SOLE 1 155 0 1287 USA TRUCK INC -RESTRICTED 902925106 599 31498 SH SOLE 1 31498 0 0 US BANCORP DELNEW 902973304 318 9595 SH SOLE 1 365 0 9230 U S HOME SYS INC 90335C100 10 1070 SH SOLE 1 0 0 1070 U S AIRWAYS GROUP INC COM 90341W108 70 1585 SH SOLE 1 0 0 1585 ULTRALIFE BATTERIES INC COM 903899102 34 3270 SH SOLE 1 0 0 3270 ULTRA PETROLEUM CORP-CAD 903914109 58 1224 SH SOLE 1 0 0 1224 UNILEVER PLC SPONS ADR NEW COM 904767704 3 145 SH SOLE 1 0 0 145 UNILEVER NV NY NEW 904784709 283 11538 SH SOLE 1 141 0 11397 UNION PACIFIC CORP 907818108 17 200 SH SOLE 1 200 0 0 UNION PACIFIC CORP 907818108 193 2200 SH DEFINED 1 0 2200 0 UNITED AUTO GROUP 909440109 50 2161 SH SOLE 1 236 0 1925 UNITED FIRE & CAS CO COM 910331107 40 1302 SH SOLE 1 143 0 1159 UNITED MICROELECTRONICS CORP SPONSORED ADR 910873207 5 1747 SH SOLE 1 0 0 1747 UNITED PARCEL SERVICE CLB 911312106 0 10 SH SOLE 1 10 0 0 UNITED TECHNOLOGIES CORP 913017109 329 5198 SH SOLE 1 2210 0 2988 UNITED UTILITIES PLC SP 91311Q105 4 160 SH SOLE 1 0 0 160 UNITED HEALTHCARE CORP 91324P102 54 1098 SH SOLE 1 13 0 1085 UNITED COMPRESSION HOLDINGS 913431102 83 1556 SH SOLE 1 167 0 1389 UNIVERSAL HEALTH SERVICES INC CL B 913903100 72 1217 SH SOLE 1 0 0 1217 UNIVERSAL TECHNICAL INST INC COM 913915104 27 1565 SH SOLE 1 170 0 1395 UPM KYMMENE CORP SPN ADR 915436109 261 11033 SH SOLE 1 0 0 11033 URBAN OUTFITTERS INC COM 917047102 46 2644 SH SOLE 1 0 0 2644 VF CORPORATION 918204108 15 215 SH SOLE 1 0 0 215 VALUECLICK INC COM 92046N102 24 1320 SH SOLE 1 0 0 1320 VARIAN MEDICAL SYSTEMS 92220P105 392 7356 SH SOLE 1 605 0 6751 VARIAN SEMICONDUCTOR EQUIP 922207105 37 1015 SH SOLE 1 0 0 1015 VERIZON COMMUNICATIONS 92343V104 727 19583 SH SOLE 1 14458 0 5125 VERIZON COMMUNICATIONS 92343V104 93 2517 SH DEFINED 1 1719 798 0 VIAD CORPORATION 92552R406 3 87 SH SOLE 1 87 0 0 VIACOM INC NEW CL B 92553P201 140 3777 SH SOLE 1 3777 0 0 VIGNETTE CORP COMNEW 926734401 19 1410 SH SOLE 1 155 0 1255 VISTEON CORP 92839U107 0 10 SH SOLE 1 10 0 0 VITRAN CORP 92850E107 20 1095 SH SOLE 1 0 0 1095 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 679 29710 SH SOLE 1 2847 0 26863 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 11 494 SH DEFINED 1 0 494 0 W H ENERGY SERVICES 92925E108 9 235 SH SOLE 1 0 0 235 WPP GROUP PLC SPON ADR 0905 929309409 491 7962 SH SOLE 1 260 0 7702 WACHOVIA CORP 2ND NEW 929903102 226 4064 SH SOLE 1 4064 0 0 WACHOVIA CORP 2ND NEW 929903102 27 500 SH DEFINED 1 500 0 0 WAL MART STORES INC COM 931142103 1257 25505 SH SOLE 1 24005 0 1500 WAL MART STORES INC COM 931142103 199 4036 SH DEFINED 1 1036 3000 0 WALGREEN CO COM 931422109 705 15889 SH SOLE 1 2790 0 13099 WALTER INDS INC 93317Q105 87 2048 SH SOLE 1 0 0 2048 WASHINGTON MUTUAL INC 939322103 487 11220 SH SOLE 1 290 0 10930 WASTE CONNECTIONS INC 941053100 85 2256 SH SOLE 1 246 0 2010 WASTE MANAGEMENT INC NEW 94106L109 85 2330 SH SOLE 1 2330 0 0 WATSCO INC 942622200 42 927 SH SOLE 1 102 0 825 WEBEX COMMUNICATIONS INC COM 94767L109 42 1085 SH SOLE 1 0 0 1085 WEINGARTEN RLTY INVS SH BEN INT 948741103 12 300 SH SOLE 1 300 0 0 WELLPOINT INC COM 94973V107 109 1423 SH SOLE 1 0 0 1423 WELLS FARGO & CO. NEW 949746101 10 300 SH SOLE 1 300 0 0 WELLS FARGO & CO. NEW 949746101 14 400 SH DEFINED 1 400 0 0 WESCO INTL INC COM 95082P105 43 742 SH SOLE 1 81 0 661 WESTAR ENERGY INC 95709T100 66 2840 SH SOLE 1 935 0 1905 WEYERHAEUSER CO COM 962166104 33 545 SH SOLE 1 0 0 545 WHIRLPOOL CORP 963320106 73 878 SH SOLE 1 0 0 878 WHITNEY HOLDING CORP COMMON 966612103 49 1375 SH SOLE 1 1375 0 0 WHOLE FOODS MARKET INC 966837106 385 6495 SH SOLE 1 278 0 6217 WILLIAMS COMPANY COMMON 969457100 2 123 SH SOLE 1 123 0 0 WILLIAMS SONOMA INC 969904101 28 889 SH SOLE 1 0 0 889 WINDSTREAM, INC 97381W104 22 1679 SH SOLE 1 492 0 1187 WINDSTREAM, INC 97381W104 79 5995 SH DEFINED 1 5995 0 0 WITNESS SYSTEM INC 977424100 15 865 SH SOLE 1 0 0 865 WYETH 983024100 621 12221 SH SOLE 1 5740 0 6481 WYNDHAM WORLDWIDE CORP 98310W108 241 8632 SH SOLE 1 206 0 8426 XM SATELLITE 983759101 1 100 SH SOLE 1 100 0 0 XT0 ENERGY INC 98385X106 85 2037 SH SOLE 1 0 0 2037 XCEL ENERGY INC 98389B100 11 554 SH SOLE 1 554 0 0 YAHOO INC 984332106 620 24560 SH SOLE 1 1379 0 23181 YUM BRANDS INC 988498101 44 846 SH SOLE 1 846 0 0 ZIMMER HLDGS INC 98956P102 73 1087 SH SOLE 1 0 0 1087 ZWEIG TOTAL RETURN FUND 989837109 0 133 SH SOLE 1 133 0 0 ISHARES TR MSCI EAFE INDEX FD 464287465 3186 4702 SOLE 4702 0 0 ISHARES TR S&P MIDCAP INDEX 464287507 524 6946 SOLE 6946 0 0 FD STANDARD & POORS DEPOSITARY RECEIPTS (SDR'S) UNITS OF 78462F103 1525 11414 SOLE 11414 0 0 UNDIVIDED BENEFICIAL INTEREST GRAND TOTALS 584169 14078774 4029125 8367439 1682210