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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, 2011
Check here if Amendment [_]; Amendment Number: _________
This Amendment (Check only one): [_] is a restatement
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BancorpSouth Inc.
Address: One Mississippi Plaza
201 South Spring Street
Tupelo MS 38804
Form 13F File Number: 28-10453
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it that all information contained herein is true correct and complete
and that it is understood that all required items statements schedules lists and
tables are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Cathy S. Freeman
Title: Executive Vice President and Corporate Secretary
Phone: (662) 680-2084
Signature Place and Date of Signing:
/s/ Cathy S. Freeman Tupelo Mississippi October 10, 2011
------------------------- ------------------------ -------------------------
[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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 264
Form 13F Information Table Value Total: $776,438
(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
INVESTMENT
DISCRETION ** VOTING AUTHORITY **
---------------- ----------------------------
MKT VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER TITLE OF CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
----------------------------- --------------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- --------- -------
HERBALIFE LTD COM USD SHS G4412G101 255 4,761 SH X 1 4,761 0 0
ACE LTD SHS H0023R105 297 4,901 SH X 1 4,863 0 38
CHECK POINT SOFTWARE TECH LT ORD M22465104 213 4,030 SH X 1 3,995 0 35
AERCAP HOLDINGS NV SHS N00985106 127 12,793 SH X 1 12,793 0 0
COPA HOLDINGS SA CL A P31076105 209 3,418 SH X 1 3,378 0 40
FLEXTRONICS INTL LTD ORD Y2573F102 344 61,078 SH X 1 60,550 0 528
AT&T INC COM 00206R102 1,103 38,674 SH X 1 33,859 0 4,815
AT&T INC COM 00206R102 170 5,967 SH X 1 283 5,684 0
ABBOTT LABS COM 002824100 883 17,273 SH X 1 15,403 0 1,870
ABBOTT LABS COM 002824100 221 4,329 SH X 1 112 4,217 0
AIR PRODS & CHEMS INC COM 009158106 536 7,019 SH X 1 7,019 0 0
ALLERGAN INC COM 018490102 318 3,859 SH X 1 3,859 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 295 16,376 SH X 1 16,201 0 175
ALTRIA GROUP INC COM 02209S103 513 19,135 SH X 1 15,215 0 3,920
ALTRIA GROUP INC COM 02209S103 16 608 SH X 1 206 402 0
AMERICAN EXPRESS CO COM 025816109 601 13,394 SH X 1 13,394 0 0
AMGEN INC COM 031162100 435 7,918 SH X 1 7,918 0 0
AMPHENOL CORP NEW CL A 032095101 232 5,701 SH X 1 5,651 0 50
APACHE CORP COM 037411105 259 3,234 SH X 1 3,196 0 38
APPLE INC COM 037833100 1,435 3,762 SH X 1 3,762 0 0
APPLIED MATLS INC COM 038222105 318 30,738 SH X 1 30,471 0 267
ARCHER DANIELS MIDLAND CO COM 039483102 335 13,509 SH X 1 13,379 0 130
ASTRAZENECA PLC SPONSORED ADR 046353108 371 8,366 SH X 1 5,483 0 2,883
ASTRAZENECA PLC SPONSORED ADR 046353108 19 424 SH X 1 144 280 0
ATMEL CORP COM 049513104 165 20,490 SH X 1 20,255 0 235
AUTODESK INC COM 052769106 291 10,473 SH X 1 10,473 0 0
BCE INC COM NEW 05534B760 230 6,152 SH X 1 3,459 0 2,693
BCE INC COM NEW 05534B760 21 571 SH X 1 193 378 0
BP PLC SPONSORED ADR 055622104 206 5,700 SH X 1 5,550 0 150
BP PLC SPONSORED ADR 055622104 101 2,800 SH X 1 2,800 0 0
BANCO SANTANDER BRASIL S A ADS REP 1 UNIT 05967A107 74 10,155 SH X 1 10,155 0 0
BANCORPSOUTH INC COM 059692103 8,687 989,430 SH X 1 867,496 0 121,934
BANCORPSOUTH INC COM 059692103 98 11,192 SH X 1 8,600 2,592 0
BANK OF AMERICA CORPORATION COM 060505104 80 13,114 SH X 1 13,114 0 0
BANK OF THE OZARKS INC COM 063904106 2,514 120,102 SH X 1 120,102 0 0
BAXTER INTL INC COM 071813109 609 10,855 SH X 1 10,799 0 56
BE AEROSPACE INC COM 073302101 240 7,245 SH X 1 7,160 0 85
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 808 11,371 SH X 1 11,371 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 536 17,081 SH X 1 11,432 0 5,649
BRISTOL MYERS SQUIBB CO COM 110122108 30 965 SH X 1 328 637 0
BROADCOM CORP CL A 111320107 442 13,268 SH X 1 13,198 0 70
CVS CAREMARK CORPORATION COM 126650100 202 6,002 SH X 1 5,893 0 109
CATERPILLAR INC DEL COM 149123101 349 4,726 SH X 1 4,726 0 0
CELESTICA INC SUB VTG SHS 15101Q108 126 17,382 SH X 1 17,382 0 0
CELGENE CORP COM 151020104 436 7,046 SH X 1 7,046 0 0
CEPHEID COM 15670R107 313 8,062 SH X 1 8,062 0 0
CENTURYLINK INC COM 156700106 201 6,078 SH X 1 4,066 0 2,012
CENTURYLINK INC COM 156700106 14 425 SH X 1 142 283 0
CHEVRON CORP NEW COM 166764100 1,775 19,171 SH X 11 18,539 0 632
CHEVRON CORP NEW COM 166764100 673 7,271 SH X 1 7,228 43 0
CITIZENS HLDG CO MISS COM 174715102 2,940 158,987 SH X 1 158,987 0 0
CLIFFS NATURAL RESOURCES INC COM 18683K101 331 6,466 SH X 1 6,466 0 0
COCA COLA CO COM 191216100 605 8,959 SH X 1 8,490 0 469
1COCA COLA CO COM 191216100 331 4,900 SH X 1 4,834 66 0
COLGATE PALMOLIVE CO COM 194162103 247 2,781 SH X 1 2,781 0 0
COLUMBIA ACORN TR INTL SELECT Z 197199763 397 16,040 SH X 1 8,946 0 7,094
COLUMBIA FDS SER TR LARGECAP VAL Z 19765H149 446 46,957 SH X 1 46,957 0 0
COLUMBIA FDS SER TR MARS GRWTH Z 19765H180 596 32,394 SH X 1 32,394 0 0
COLUMBIA FDS SER TR INTL VAL CL Z 19765H586 179 14,651 SH X 1 14,651 0 0
COLUMBIA FDS SER TR SMALL COS Z 19765J723 127 12,512 SH X 1 12,512 0 0
COLUMBIA FDS SER TR SMLCP VAL II Z 19765J764 134 11,757 SH X 1 11,757 0 0
CONCHO RES INC COM 20605P101 294 4,130 SH X 1 4,130 0 0
CONOCOPHILLIPS COM 20825C104 513 8,096 SH X 1 6,385 0 1,711
3
INVESTMENT
DISCRETION ** VOTING AUTHORITY **
---------------- ----------------------------
MKT VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER TITLE OF CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
----------------------------- --------------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- --------- -------
CONOCOPHILLIPS COM 20825C104 18 281 SH X 1 96 185 0
MONTGOMERY EXPLORATION 10.87 216000992 228 1 SH X 1 1 0 0
COOPER TIRE & RUBR CO COM 216831107 144 13,200 SH X 1 13,200 0 0
CORNING INC COM 219350105 386 31,247 SH X 1 31,060 0 187
CUMMINS INC COM 231021106 219 2,677 SH X 1 2,657 0 20
CYPRESS SEMICONDUCTOR CORP COM 232806109 184 12,302 SH X 1 12,302 0 0
DWS VALUE SER INC SMCP VALF INST 23338F754 12,619 428,500 SH X 1 425,557 0 2,943
DWS VALUE SER INC SMCP VALF INST 23338F754 90 3,069 SH X 1 2,738 330 0
DANAHER CORP DEL COM 235851102 203 4,851 SH X 1 4,851 0 0
DEERE & CO COM 244199105 907 14,049 SH X 1 14,049 0 0
DELTIC TIMBER CORP COM 247850100 377 6,324 SH X 1 6,324 0 0
DELTIC TIMBER CORP COM 247850100 24,812 415,743 SH X 1 0 415,743 0
DENBURY RES INC COM NEW 247916208 216 18,814 SH X 1 18,814 0 0
DEVON ENERGY CORP NEW COM 25179M103 297 5,357 SH X 1 5,305 0 52
DODGE & COX STK FD COM 256219106 26,745 291,216 SH X 1 289,212 0 2,003
DODGE & COX STK FD COM 256219106 198 2,159 SH X 1 1,919 239 0
DOLLAR TREE INC COM 256746108 462 6,144 SH X 1 6,144 0 0
DOMINION RES INC VA NEW COM 25746U109 373 7,353 SH X 1 4,525 0 2,828
DOMINION RES INC VA NEW COM 25746U109 25 494 SH X 1 169 325 0
DUKE ENERGY CORP NEW COM 26441C105 383 19,172 SH X 1 14,222 0 4,950
DUKE ENERGY CORP NEW COM 26441C105 21 1,054 SH X 1 358 696 0
E M C CORP MASS COM 268648102 274 13,077 SH X 1 13,077 0 0
ERHC ENERGY INC COM 26884J104 1 10,000 SH X 1 10,000 0 0
EMERSON ELEC CO COM 291011104 794 19,210 SH X 1 19,210 0 0
EXPRESS SCRIPTS INC COM 302182100 855 23,077 SH X 1 23,042 0 35
EXXON MOBIL CORP COM 30231G102 4,654 64,080 SH X 1 55,822 7,481 777
EXXON MOBIL CORP COM 30231G102 1,063 14,630 SH X 1 6,030 8,600 0
FEDERATED EQUITY FDS INTRCONTL INST 314172461 26,957 679,696 SH X 1 675,308 0 4,387
FEDERATED EQUITY FDS INTRCONTL INST 314172461 189 4,764 SH X 1 4,214 550 0
FIDELITY CONTRAFUND INC NEW INSIGHTS I 316071604 27,289 1,474,286 SH X 1 1,463,815 0 10,471
FIDELITY CONTRAFUND INC NEW INSIGHTS I 316071604 209 11,268 SH X 1 10,013 1,255 0
FIDELITY PURITAN TR LOW PRICE STK 316345305 14,101 429,897 SH X 1 426,168 0 3,729
FIDELITY PURITAN TR LOW PRICE STK 316345305 148 4,499 SH X 1 3,879 620 0
FIRSTENERGY CORP COM 337932107 217 4,831 SH X 1 4,831 0 0
GENERAL ELECTRIC CO COM 369604103 611 40,157 SH X 1 38,787 0 1,370
GENERAL MLS INC COM 370334104 362 9,404 SH X 1 9,404 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 279 6,762 SH X 1 3,604 0 3,158
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 25 597 SH X 1 202 395 0
GOOGLE INC CL A 38259P508 658 1,278 SH X 1 1,278 0 0
GROWTH FD AMER INC CL R-5 SHARES 399874833 203 7,620 SH X 1 0 0 7,620
RESTER ENTERPRISES LP 5% INT 404005993 216 1 SH X 1 1 0 0
RESTER ENTERPRISES LP 8% INT 405002999 346 1 SH X 1 1 0 0
HALLIBURTON CO COM 406216101 381 12,481 SH X 1 12,391 0 90
RESTER ENTERPRISES LP 8% INT 407000991 346 1 SH X 1 1 0 0
DAVIS FAMILY HOLDINGS LP 419002993 880 0 SH X 1 0 0 0
HEINZ H J CO COM 423074103 327 6,470 SH X 1 3,503 0 2,967
HEINZ H J CO COM 423074103 25 501 SH X 1 168 333 0
HESS CORP COM 42809H107 230 4,388 SH X 1 4,320 0 68
KEY COLONY 430004994 809 1 SH X 1 0 1 0
JOHNSTON ENTERPRISES, L.P. 432004992 1,380 54 SH X 1 54 0 0
1GURDON TIMBER LTD 36.494% 434002994 417 1 SH X 1 1 0 0
WOODLAND HILLS LIMITED PARTN 435001995 220 25 SH X 1 25 0 0
SUNNYDALE LIMITED PARTNERSHI 436001994 1,558 88 SH X 1 88 0 0
WEH PROPERTIES LIMITED PARTN 436002992 410 86 SH X 1 86 0 0
CRICKET LIMITED PARTNERSHIP 436003990 889 28 SH X 1 28 0 0
MCM TIMBER 3.021% INTEREST 438002990 255 1 SH X 1 1 0 0
MCM TIMBER 3.020% INTEREST 438003998 255 1 SH X 1 1 0 0
HONEYWELL INTL INC COM 438516106 227 5,170 SH X 1 5,088 0 82
MARIE P CARTER ENTERPRISES L 439004995 1,636 1 SH X 1 1 0 0
OAK GROVE LAND CO, L.P. 12.5 440000990 294 3 SH X 1 3 0 0
REED HOLDINGS PARTNERSHIP, L 441002995 1,240 71 SH X 1 71 0 0
HOSPIRA INC COM 441060100 267 7,209 SH X 1 7,111 0 98
HOSPIRA INC COM 441060100 15 400 SH X 1 0 400 0
MCM TIMBER 12% INTEREST 442000998 1,012 1 SH X 1 1 0 0
CABEARK, LP 35.4444% INTERES 443003991 1,431 1 SH X 1 1 0 0
DCT OPERATING PARTNERSHIP 443004999 553 75,518 SH X 1 75,518 0 0
4
INVESTMENT
DISCRETION ** VOTING AUTHORITY **
---------------- ----------------------------
MKT VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER TITLE OF CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
----------------------------- --------------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- --------- -------
CABEARK, LP 63.5556% INTERES 444003990 2,527 1 SH X 1 1 0 0
CABE-LONG PROPERTIES, LTD 444005995 287 4 SH X 1 4 0 0
MCMILLON PROPERTIES L/P 445000995 2,162 96 SH X 1 96 0 0
CABE-LONG PROPERTIES, LTD 445001993 1,580 4 SH X 1 4 0 0
CABE-LONG PROPERTIES, LTD 445003999 533 1 SH X 1 1 0 0
1.08% LLC INTEREST IN 448005991 300 1 SH X 1 1 0 0
TALL PINES, LLC 449001999 963 50 SH X 1 50 0 0
DONOVAN INVESTMENTS, LLC 449003995 4,618 99 SH X 1 99 0 0
TPH ENERGY EQUITY FUND LP 450005996 1,004 1 SH X 1 0 1 0
IAMGOLD CORP COM 450913108 203 10,246 SH X 1 10,246 0 0
LONGENECKER EQUITY II, LLC 451000996 4,201 99 SH X 1 99 0 0
DTL, SR., L.P 452002991 7,355 53 SH X 1 53 0 0
10.0% INTEREST IN MCM TIMBER 452005994 1,673 2 SH X 1 2 0 0
INTEL CORP COM 458140100 558 26,135 SH X 1 24,985 0 1,150
INTEL CORP COM 458140100 68 3,200 SH X 1 3,200 0 0
INTERCONTINENTALEXCHANGE INC COM 45865V100 221 1,867 SH X 1 1,852 0 15
INTERNATIONAL BUSINESS MACHS COM 459200101 1,086 6,212 SH X 1 6,212 0 0
INVESTMENT CO AMER CL A 461308108 836 33,865 SH X 1 33,865 0 0
ISHARES TR MSCI EMERG MKT 464287234 450 12,833 SH X 1 12,833 0 0
JPMORGAN CHASE & CO COM 46625H100 291 9,646 SH X 1 9,646 0 0
JPMORGAN CHASE & CO COM 46625H100 59 1,956 SH X 1 0 1,956 0
JANUS INVT FD GLOBAL SEL FD T 471023648 158 17,287 SH X 1 0 0 17,287
JOHN HANCOCK FDS III DISC VAL MCP I 47803W406 12,574 1,262,498 SH X 1 1,256,940 0 5,558
JOHN HANCOCK FDS III DISC VAL MCP I 47803W406 86 8,657 SH X 1 8,517 140 0
JOHNSON & JOHNSON COM 478160104 1,520 23,861 SH X 1 22,064 0 1,797
JOHNSON & JOHNSON COM 478160104 375 5,890 SH X 1 4,499 1,391 0
JOHNSON CTLS INC COM 478366107 201 7,614 SH X 1 7,549 0 65
JUNIPER NETWORKS INC COM 48203R104 208 12,079 SH X 1 12,079 0 0
KIMBERLY CLARK CORP COM 494368103 381 5,365 SH X 1 3,168 0 2,197
KIMBERLY CLARK CORP COM 494368103 27 385 SH X 1 130 255 0
KRAFT FOODS INC CL A 50075N104 231 6,878 SH X 1 6,023 0 855
LILLY ELI & CO COM 532457108 273 7,378 SH X 1 3,840 0 3,538
LILLY ELI & CO COM 532457108 51 1,371 SH X 1 993 378 0
LONGLEAF PARTNERS FDS TR SH BEN INT 543069108 219 8,830 SH X 1 8,830 0 0
LORD ASSET MGMT TR T WHITE INTL 543917108 169 11,912 SH X 1 0 0 11,912
MANULIFE FINL CORP COM 56501R106 147 12,945 SH X 1 12,945 0 0
MCDONALDS CORP COM 580135101 705 8,025 SH X 1 7,231 0 794
MCDONALDS CORP COM 580135101 15 172 SH X 1 60 112 0
MEDNAX INC COM 58502B106 323 5,162 SH X 1 5,122 0 40
MEDTRONIC INC COM 585055106 262 7,875 SH X 1 7,771 0 104
MICROSOFT CORP COM 594918104 934 37,508 SH X 1 36,438 0 1,070
COLLABRX SER A PFD STOCK 601A4X997 634 446,227 SH X 1 0 446,227 0
MONTGOMERY EXPLORATION 601A5Z991 296 1 SH X 1 1 0 0
MOTOROLA MOBILITY HLDGS INC COM 620097105 365 9,672 SH X 1 9,672 0 0
1MURPHY OIL CORP COM 626717102 3,569 80,824 SH X 1 80,824 0 0
MURPHY OIL CORP COM 626717102 330,723 7,489,209 SH X 1 0 7,489,209 0
MUTUAL SER FD INC SHS FD CL Z 628380107 290 15,836 SH X 1 15,836 0 0
MUTUAL SER FD INC BEACON FD Z 628380305 145 13,366 SH X 1 13,366 0 0
MUTUAL SER FD INC GBL DISCVR FD Z 628380404 30,519 1,192,133 SH X 1 1,184,809 0 7,324
MUTUAL SER FD INC GBL DISCVR FD Z 628380404 204 7,973 SH X 1 7,155 818 0
MYLAN INC COM 628530107 184 10,814 SH X 1 10,714 0 100
NATIONAL GRID PLC SPON ADR NEW 636274300 208 4,196 SH X 1 1,804 0 2,392
NATIONAL GRID PLC SPON ADR NEW 636274300 21 430 SH X 1 148 282 0
NATIONAL OILWELL VARCO INC COM 637071101 302 5,896 SH X 1 5,845 0 51
NETAPP INC COM 64110D104 474 13,970 SH X 1 13,970 0 0
NEW PERSPECTIVE FD INC COM 648018109 631 25,380 SH X 1 25,380 0 0
NORDSTROM INC COM 655664100 331 7,247 SH X 1 7,247 0 0
NORFOLK SOUTHERN CORP COM 655844108 495 8,114 SH X 1 8,067 0 47
OGX PETROLEO E GAS PART S A SPONS ADR 670849108 74 11,843 SH X 1 11,593 0 250
O REILLY AUTOMOTIVE INC NEW COM 67103H107 633 9,503 SH X 1 9,468 0 35
OCCIDENTAL PETE CORP DEL COM 674599105 201 2,815 SH X 1 2,815 0 0
ON SEMICONDUCTOR CORP COM 682189105 179 24,900 SH X 1 24,568 0 332
ORACLE CORP COM 68389X105 303 10,550 SH X 1 10,550 0 0
PDL BIOPHARMA INC COM 69329Y104 167 30,000 SH X 1 0 30,000 0
PEPSICO INC COM 713448108 637 10,288 SH X 1 10,288 0 0
PEPSICO INC COM 713448108 68 1,100 SH X 1 0 1,100 0
5
INVESTMENT
DISCRETION ** VOTING AUTHORITY **
---------------- ----------------------------
MKT VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER TITLE OF CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
----------------------------- --------------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- --------- -------
PFIZER INC COM 717081103 441 24,962 SH X 1 24,962 0 0
PFIZER INC COM 717081103 25 1,420 SH X 1 720 700 0
PHILIP MORRIS INTL INC COM 718172109 912 14,621 SH X 1 12,605 0 2,016
PHILIP MORRIS INTL INC COM 718172109 22 345 SH X 1 118 227 0
POTASH CORP SASK INC COM 73755L107 438 10,140 SH X 1 10,140 0 0
PRAXAIR INC COM 74005P104 311 3,332 SH X 1 3,332 0 0
PRECISION CASTPARTS CORP COM 740189105 363 2,333 SH X 1 2,323 0 10
PRICE T ROWE GROUP INC COM 74144T108 869 18,199 SH X 1 18,169 0 30
PRICE T ROWE GROWTH STK FD I COM 741479109 27,347 944,960 SH X 1 938,124 0 6,836
PRICE T ROWE GROWTH STK FD I COM 741479109 258 8,903 SH X 1 8,036 866 0
PRICELINE COM INC COM NEW 741503403 275 611 SH X 1 611 0 0
PROCTER & GAMBLE CO COM 742718109 2,421 38,314 SH X 1 37,500 0 814
PROCTER & GAMBLE CO COM 742718109 390 6,173 SH X 1 6,059 114 0
PROGRESS ENERGY RES CORP COM 74326Y107 152 12,327 SH X 1 12,327 0 0
PROGRESS ENERGY INC COM 743263105 255 4,924 SH X 1 3,420 0 1,504
PROGRESS ENERGY INC COM 743263105 17 321 SH X 1 109 212 0
QUALCOMM INC COM 747525103 238 4,900 SH X 1 4,900 0 0
RALCORP HLDGS INC NEW COM 751028101 450 5,863 SH X 1 5,863 0 0
RAYTHEON CO COM NEW 755111507 240 5,882 SH X 1 5,882 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 107 32,048 SH X 1 26,148 0 5,900
REGIONS FINANCIAL CORP NEW COM 7591EP100 7 2,205 SH X 1 0 2,205 0
REYNOLDS AMERICAN INC COM 761713106 204 5,431 SH X 1 3,038 0 2,393
REYNOLDS AMERICAN INC COM 761713106 19 510 SH X 1 174 336 0
ROWE T PRICE EQUITY INCOME F SH BEN INT 779547108 27,729 1,339,563 SH X 1 1,330,443 0 9,119
ROWE T PRICE EQUITY INCOME F SH BEN INT 779547108 203 9,796 SH X 1 8,768 1,027 0
ROWE T PRICE MID-CAP GROWTH COM 779556109 41,732 799,764 SH X 1 794,254 0 5,510
ROWE T PRICE MID-CAP GROWTH COM 779556109 307 5,875 SH X 1 5,217 657 0
ROWE T PRICE INTL FDS INC GRW & INCM FD 77956H849 241 21,488 SH X 1 21,488 0 0
ROWE T PRICE MID CAP VALUE F COM 77957Y106 212 10,220 SH X 1 2,191 0 8,028
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 300 4,837 SH X 1 2,618 0 2,219
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 121 1,947 SH X 1 1,686 261 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 93 1,506 SH X 1 1,444 0 62
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 199 3,237 SH X 1 3,237 0 0
ROYCE FD PENN MUT INV 780905840 27,377 2,779,409 SH X 1 2,760,617 0 18,792
ROYCE FD PENN MUT INV 780905840 197 19,957 SH X 1 17,762 2,193 0
SPDR GOLD TRUST GOLD SHS 78463V107 304 1,924 SH X 1 1,924 0 0
SCHLUMBERGER LTD COM 806857108 274 4,583 SH X 1 4,583 0 0
SHERWIN WILLIAMS CO COM 824348106 240 3,235 SH X 1 3,235 0 0
1SIMMONS 1ST NATL CORP CL A $1 PAR 828730200 229 10,566 SH X 1 10,566 0 0
SOUTHERN CO COM 842587107 3,026 71,425 SH X 1 68,414 0 3,011
SOUTHERN CO COM 842587107 225 5,317 SH X 1 4,893 424 0
SPRINT NEXTEL CORP COM SER 1 852061100 243 80,040 SH X 1 78,904 0 1,136
STRYKER CORP COM 863667101 414 8,792 SH X 1 8,792 0 0
TARGET CORP COM 87612E106 593 12,097 SH X 1 12,002 0 95
THORATEC CORP COM NEW 885175307 219 6,718 SH X 1 6,673 0 45
TIFFANY & CO NEW COM 886547108 218 3,583 SH X 1 3,563 0 20
TRIMBLE NAVIGATION LTD COM 896239100 400 11,910 SH X 1 11,910 0 0
TRUSTMARK CORP COM 898402102 253 13,965 SH X 1 13,965 0 0
USA TRUCK INC COM 902925106 121 15,613 SH X 1 15,613 0 0
UNILEVER N V N Y SHS NEW 904784709 206 6,534 SH X 1 5,625 0 909
UNION PAC CORP COM 907818108 191 2,342 SH X 1 2,314 0 28
UNION PAC CORP COM 907818108 359 4,400 SH X 1 0 4,400 0
UNITED TECHNOLOGIES CORP COM 913017109 366 5,204 SH X 1 5,204 0 0
V F CORP COM 918204108 450 3,702 SH X 1 3,702 0 0
VANGUARD WORLD FD MEGA CAP INDEX 921910873 3,179 81,964 SH X 1 81,964 0 0
VANGUARD TAX-MANAGED INTL FD MSCI EAFE ETF 921943858 1,293 42,920 SH X 1 42,920 0 0
VANGUARD INDEX FDS 500 PORTFOLIO 922908108 227 2,182 SH X 1 0 0 2,182
VANGUARD INDEX FDS 500 PORTFOLIO 922908108 83 795 SH X 1 795 0 0
VANGUARD INDEX FDS MID CAP ETF 922908629 2,003 30,762 SH X 1 30,762 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 1,302 21,215 SH X 1 21,215 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 590 16,035 SH X 1 11,872 0 4,163
VERIZON COMMUNICATIONS INC COM 92343V104 55 1,492 SH X 1 235 1,257 0
6
INVESTMENT
DISCRETION ** VOTING AUTHORITY **
---------------- ----------------------------
MKT VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER TITLE OF CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
----------------------------- --------------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- --------- -------
VISA INC COM CL A 92826C839 302 3,526 SH X 1 3,526 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 478 18,615 SH X 1 13,477 0 5,138
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 35 1,352 SH X 1 291 1,061 0
WAL MART STORES INC COM 931142103 1,107 21,335 SH X 1 21,335 0 0
WASHINGTON MUT INVS FD INC COM 939330106 752 29,311 SH X 1 29,311 0 0
WESTERN UN CO COM 959802109 328 21,483 SH X 1 21,266 0 217
YUM BRANDS INC COM 988498101 1,133 22,940 SH X 1 22,940 0 0
FINAL TOTALS 776,438 23,887,216 15,105,059 8,439,544 342,613
FORM 13F INFORMATION TABLE
ENTRY TOTAL 264
7