UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2010
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 May 18, 2010
------------------------------- --------------------------- ----------------
[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: 252
Form 13F Information Table Value Total: $934,909
(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
TITLE OF VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
-------------- --------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- ---------- -------
AMDOCS LTD ORD G02602103 404 13,415 SH X 1 13,415 0 0
ACCENTURE PLC IRELAND SHS G1151C101 467 11,130 SH X 1 10,530 0 600
CLASS A
COVIDIEN PLC SHS G2554F105 1,088 21,630 SH X 1 21,630 0 0
INVESCO LTD SHS G491BT108 281 12,805 SH X 1 8,594 0 4,211
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 415 20,345 SH X 1 20,345 0 0
SINOVAC BIOTECH LTD SHS P8696W104 77 12,997 SH X 1 12,997 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 158 20,169 SH X 1 14,426 0 5,743
AGL RES INC COM 001204106 301 7,797 SH X 1 7,296 0 501
AGL RES INC COM 001204106 3 66 SH X 1 66 0 0
AT&T INC COM 00206R102 826 31,952 SH X 1 28,567 0 3,385
AT&T INC COM 00206R102 140 5,420 SH X 1 288 5,132 0
ABBOTT LABS COM 002824100 679 12,887 SH X 1 10,585 0 2,302
ABBOTT LABS COM 002824100 211 4,000 SH X 1 0 4,000 0
ADOBE SYS INC COM 00724F101 261 7,383 SH X 1 5,675 0 1,708
AIR PRODS & CHEMS INC COM 009158106 760 10,275 SH X 1 10,275 0 0
ALLERGAN INC COM 018490102 306 4,683 SH X 1 3,658 0 1,025
ALTRIA GROUP INC COM 02209S103 353 17,188 SH X 1 12,359 0 4,829
ALTRIA GROUP INC COM 02209S103 4 210 SH X 1 210 0 0
AMERICAN EXPRESS CO COM 025816109 579 14,040 SH X 1 14,040 0 0
AMGEN INC COM 031162100 458 7,662 SH X 1 7,462 0 200
AMPHENOL CORP NEW CL A 032095101 288 6,830 SH X 1 5,524 0 1,306
ANADARKO PETE CORP COM 032511107 108 1,485 SH X 1 1,080 0 405
ANADARKO PETE CORP COM 032511107 124 1,696 SH X 1 0 1,696 0
APPLE INC COM 037833100 1,583 6,737 SH X 1 6,224 0 513
APPLIED MATLS INC COM 038222105 215 15,942 SH X 1 12,888 0 3,054
ARTIO GLOBAL INVT FDS INTL EQ 04315J506 208 7,239 SH X 1 0 0 7,239
CL I
ARTIO GLOBAL INVT FDS INTL 04315J837 1,785 150,656 SH X 1 150,656 0 0
EQTY II I
ATMEL CORP COM 049513104 90 17,904 SH X 1 17,904 0 0
AUTODESK INC COM 052769106 287 9,767 SH X 1 9,767 0 0
BJ SERVICES CO 055482103 520 24,305 SH X 1 24,305 0 0
BP PLC SPONSORED 055622104 784 13,738 SH X 1 10,810 0 2,928
ADR
BP PLC SPONSORED 055622104 167 2,934 SH X 1 2,934 0 0
ADR
BALDOR ELEC CO COM 057741100 6,113 163,446 SH X 1 163,446 0 0
BANCORPSOUTH INC COM 059692103 22,839 1,089,634 SH X 1 967,700 0 121,934
BANCORPSOUTH INC COM 059692103 235 11,192 SH X 1 8,600 2,592 0
BANK OF THE OZARKS INC COM 063904106 2,212 62,851 SH X 1 62,851 0 0
BAXTER INTL INC COM 071813109 503 8,640 SH X 1 6,932 0 1,708
BECTON DICKINSON & CO COM 075887109 264 3,352 SH X 1 2,589 0 763
BERKSHIRE HATHAWAY INC DEL CL B 084670702 870 10,701 SH X 1 10,701 0 0
NEW
BEST BUY INC COM 086516101 263 6,191 SH X 1 4,455 0 1,736
BOEING CO COM 097023105 323 4,446 SH X 1 3,996 0 450
BRISTOL MYERS SQUIBB CO COM 110122108 351 13,136 SH X 1 9,465 0 3,671
BRISTOL MYERS SQUIBB CO COM 110122108 9 334 SH X 1 334 0 0
BROADCOM CORP CL A 111320107 742 22,361 SH X 1 22,361 0 0
CABE/LONG PROPERTIES LIMITED 136002995 479 4,418 SH X 1 4,418 0 0
CABE/LONG PROPERTIES LIMITED 136002995 3,953 36,457 SH X 1 36,457 0 0
CABE/ARK LIMITED PARTNERSHIP 136003993 6,639 38,082 SH X 1 38,082 0 0
CATERPILLAR INC DEL COM 149123101 374 5,950 SH X 1 5,450 0 500
CELGENE CORP COM 151020104 565 9,115 SH X 1 8,146 0 969
CHEVRON CORP NEW COM 166764100 1,867 24,615 SH X 1 22,878 0 1,737
CHEVRON CORP NEW COM 166764100 609 8,026 SH X 1 8,026 0 0
CISCO SYS INC COM 17275R102 972 37,333 SH X 1 33,409 0 3,924
CITIZENS HLDG CO MISS COM 174715102 3,924 158,987 SH X 1 158,987 0 0
1CLIFFS NATURAL RESOURCES INC COM 18683K101 871 12,270 SH X 1 12,270 0 0
COCA COLA CO COM 191216100 546 9,932 SH X 1 9,187 0 745
COCA COLA CO COM 191216100 269 4,898 SH X 1 4,898 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 298 5,848 SH X 1 4,493 0 1,355
COLGATE PALMOLIVE CO COM 194162103 273 3,201 SH X 1 2,881 0 320
CONOCOPHILLIPS COM 20825C104 322 6,285 SH X 1 4,855 0 1,430
CONOCOPHILLIPS COM 20825C104 3 66 SH X 1 66 0 0
MONTGOMERY EXPLORATION 10.87 216000992 225 1 SH X 1 1 0 0
CORNING INC COM 219350105 529 26,195 SH X 1 23,433 0 2,762
DWS VALUE SER INC SMCP VALF INST 23338F754 15,543 463,285 SH X 1 463,124 146 15
DWS VALUE SER INC SMCP VALF INST 23338F754 80 2,388 SH X 1 2,247 92 49
DANAHER CORP DEL COM 235851102 326 4,080 SH X 1 3,138 0 942
DEERE & CO COM 244199105 837 14,080 SH X 1 14,080 0 0
DELTIC TIMBER CORP COM 247850100 279 6,324 SH X 1 6,324 0 0
DELTIC TIMBER CORP COM 247850100 18,313 415,743 SH X 1 0 415,743 0
3
INVESTMENT
DISCRETION ** VOTING AUTHORITY **
---------------- -----------------------------
MKT
TITLE OF VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
-------------- --------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- ---------- -------
DODGE & COX STK FD COM 256219106 18,498 180,999 SH X 1 180,939 55 5
DODGE & COX STK FD COM 256219106 143 1,402 SH X 1 855 527 20
DREYFUS APPRECIATION FD INC COM 261970107 1,404 40,160 SH X 1 40,160 0 0
DUKE ENERGY CORP NEW COM 26441C105 246 15,088 SH X 1 12,335 0 2,753
DUKE ENERGY CORP NEW COM 26441C105 6 364 SH X 1 364 0 0
ERHC ENERGY INC COM 26884J104 6 10,000 SH X 1 10,000 0 0
EBAY INC COM 278642103 242 8,990 SH X 1 8,990 0 0
ECOLAB INC COM 278865100 235 5,355 SH X 1 4,091 0 1,264
EMERSON ELEC CO COM 291011104 1,125 22,350 SH X 1 22,350 0 0
EURO PAC GROWTH FD CL R-4 298706847 232 6,108 SH X 1 6,108 0 0
SHARES
EXELON CORP COM 30161N101 939 21,424 SH X 1 21,424 0 0
EXPRESS SCRIPTS INC COM 302182100 2,111 20,749 SH X 1 19,781 0 968
EXXON MOBIL CORP COM 30231G102 5,678 84,771 SH X 1 74,370 10,401 0
EXXON MOBIL CORP COM 30231G102 980 14,630 SH X 1 6,030 8,600 0
FAIRHOLME FD COM 304871106 202 5,947 SH X 1 0 0 5,947
FEDERATED EQUITY FDS INTRCONTL 314172461 15,050 345,172 SH X 1 345,062 100 10
INST
FEDERATED EQUITY FDS INTRCONTL 314172461 75 1,718 SH X 1 1,620 63 35
INST
FIDELITY ADVISOR SER VIII DIVR 315920686 213 14,089 SH X 1 14,089 0 0
INTL INST
FIDELITY CONTRAFUND INC NEW 316071604 24,259 1,349,199 SH X 1 1,348,733 421 45
INSIGHTS
FIDELITY CONTRAFUND INC NEW 316071604 124 6,869 SH X 1 6,462 270 137
INSIGHTS
I
FIDELITY PURITAN TR LOW 316345305 26,170 756,141 SH X 1 755,869 246 26
PRICE STK
FIDELITY PURITAN TR LOW 316345305 202 5,824 SH X 1 5,095 654 75
PRICE STK
GENERAL ELECTRIC CO COM 369604103 1,287 70,710 SH X 1 67,879 0 2,831
GENERAL MLS INC COM 370334104 244 3,452 SH X 1 3,452 0 0
GILEAD SCIENCES INC COM 375558103 630 13,865 SH X 1 12,083 0 1,782
GOOGLE INC CL A 38259P508 955 1,684 SH X 1 1,456 0 228
GROWTH FD AMER INC CL R-5 399874833 217 7,620 SH X 1 0 0 7,620
SHARES
RESTER ENTERPRISES LP 5% INT 404005993 208 1 SH X 1 1 0 0
RESTER ENTERPRISES LP 8% INT 405002999 333 1 SH X 1 1 0 0
RESTER ENTERPRISES LP 8% INT 407000991 333 1 SH X 1 1 0 0
HARBOR FD INTL FD INSTL 411511306 2,004 36,300 SH X 1 36,300 0 0
DAVIS FAMILY HOLDINGS LP 419002993 1,194 0 SH X 1 0 0 0
LONESTAR PARTNERS, L.P. 420002990 2,500 2,500,000 SH X 1 0 2,500,000 0
HEINZ H J CO COM 423074103 211 4,625 SH X 1 2,577 0 2,048
HEINZ H J CO COM 423074103 9 192 SH X 1 192 0 0
HEWLETT PACKARD CO COM 428236103 759 14,275 SH X 1 12,270 0 2,005
KEY COLONY 430004994 880 1 SH X 1 0 1 0
JOHNSTON ENTERPRISES, L.P. 432004992 1,389 0 SH X 1 0 0 0
GURDON TIMBER LTD 36.494% 434002994 2,477 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 941 28 SH X 1 28 0 0
MCM TIMBER 3.021% INTEREST 438002990 243 1 SH X 1 1 0 0
MCM TIMBER 3.020% INTEREST 438003998 243 1 SH X 1 1 0 0
1MCM TIMBER 1.510% INTEREST 438004996 1,595 2 SH X 1 2 0 0
MARIE P CARTER ENTERPRISES L 439004995 1,623 1 SH X 1 1 0 0
OAK GROVE LAND CO, L.P. 12.5 440000990 309 4 SH X 1 4 0 0
REED HOLDINGS PARTNERSHIP, L 441002995 1,104 71 SH X 1 71 0 0
MCM TIMBER 12% INTEREST 442000998 965 1 SH X 1 1 0 0
MCCULLOCH PARTNERS, LTD 7.24 443000997 2,220 6 SH X 1 6 0 0
DCT OPERATING PARTNERSHIP 443004999 603 75,518 SH X 1 75,518 0 0
MCMILLON PROPERTIES L/P 445000995 2,183 96 SH X 1 96 0 0
ILLINOIS TOOL WKS INC COM 452308109 295 6,219 SH X 1 4,868 0 1,351
INTEL CORP COM 458140100 1,044 46,853 SH X 1 40,741 0 6,112
INTEL CORP COM 458140100 71 3,200 SH X 1 3,200 0 0
INTERCONTINENTALEXCHANGE INC COM 45865V100 224 1,998 SH X 1 1,548 0 450
INTERNATIONAL BUSINESS MACHS COM 459200101 994 7,754 SH X 1 7,031 0 723
INVERNESS MED INNOVATIONS IN COM 46126P106 343 8,800 SH X 1 8,800 0 0
INVESTMENT CO AMER COM 461308108 1,100 41,246 SH X 1 41,246 0 0
ISHARES TR INDEX RUSSELL 2000 464287655 537 7,917 SH X 1 7,917 0 0
JPMORGAN CHASE & CO COM 46625H100 613 13,700 SH X 1 13,700 0 0
JPMORGAN CHASE & CO COM 46625H100 88 1,956 SH X 1 0 1,956 0
JANUS INVT FD ORION FD 471023648 185 17,287 SH X 1 0 0 17,287
CL T
JANUS INVT FD OVERSEAS 47103C449 237 5,148 SH X 1 0 0 5,148
FD SHS
JOHNSON & JOHNSON COM 478160104 1,483 22,740 SH X 1 21,327 0 1,413
JOHNSON & JOHNSON COM 478160104 372 5,700 SH X 1 4,500 1,200 0
JOHNSON CTLS INC COM 478366107 336 10,174 SH X 1 7,620 0 2,554
JUNIPER NETWORKS INC COM 48203R104 864 28,175 SH X 1 28,175 0 0
K L S ENVIRO RES INC COM 482530102 0 125,000 SH X 1 125,000 0 0
4
INVESTMENT
DISCRETION ** VOTING AUTHORITY **
---------------- -----------------------------
MKT
TITLE OF VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
-------------- --------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- ---------- -------
KELLOGG CO COM 487836108 266 4,974 SH X 1 3,820 0 1,154
KIMBERLY CLARK CORP COM 494368103 216 3,429 SH X 1 1,924 0 1,505
KIMBERLY CLARK CORP COM 494368103 8 134 SH X 1 134 0 0
KRAFT FOODS INC CL A 50075N104 285 9,414 SH X 1 8,364 0 1,050
LENDER PROCESSING SVCS INC COM 52602E102 295 7,816 SH X 1 7,816 0 0
LILLY ELI & CO COM 532457108 187 5,166 SH X 1 2,821 0 2,345
LILLY ELI & CO COM 532457108 36 998 SH X 1 998 0 0
LONGLEAF PARTNERS FDS TR SH BEN 543069108 227 8,827 SH X 1 8,827 0 0
INT
LORD ASSET MGMT TR T WHITE 543917108 227 14,251 SH X 1 0 0 14,251
INTL
LOWES COS INC COM 548661107 201 8,300 SH X 1 8,300 0 0
MFS SER TR I VALUE FD 552983801 208 9,631 SH X 1 252 0 9,379
CL A
MANULIFE FINL CORP COM 56501R106 370 18,800 SH X 1 18,800 0 0
MARTIN MARIETTA MATLS INC COM 573284106 223 2,670 SH X 1 2,670 0 0
MCDONALDS CORP COM 580135101 489 7,322 SH X 1 6,437 0 885
MCDONALDS CORP COM 580135101 8 118 SH X 1 118 0 0
MERCK & CO INC NEW COM 58933Y105 330 8,826 SH X 1 8,417 0 409
MERCK & CO INC NEW COM 58933Y105 2 54 SH X 1 54 0 0
MICROSOFT CORP COM 594918104 2,087 71,266 SH X 1 65,817 0 5,449
COLLABRX SER A PFD STOCK 601A4X997 634 446,227 SH X 1 0 446,227 0
MONTGOMERY EXPLORATION 601A5Z991 292 1 SH X 1 1 0 0
MURPHY OIL CORP COM 626717102 4,711 83,839 SH X 1 83,839 0 0
MURPHY OIL CORP COM 626717102 421,975 7,509,784 SH X 1 0 7,509,784 0
MUTUAL SER FD INC SHS FD 628380107 374 18,499 SH X 1 18,499 0 0
CL Z
MUTUAL SER FD INC BEACON 628380305 162 13,366 SH X 1 13,366 0 0
FD Z
MUTUAL SER FD INC GBL 628380404 32,170 1,137,145 SH X 1 1,136,788 320 37
DISCVR
FD Z
MUTUAL SER FD INC GBL 628380404 141 4,987 SH X 1 4,691 198 98
DISCVR
FD Z
NATIONAL OILWELL VARCO INC COM 637071101 274 6,743 SH X 1 6,743 0 0
NESTLE S A SPONSORED 641069406 956 18,642 SH X 1 18,642 0 0
ADR
NETAPP INC COM 64110D104 373 11,475 SH X 1 11,475 0 0
NEW PERSPECTIVE FD INC COM 648018109 660 25,124 SH X 1 25,124 0 0
NORFOLK SOUTHERN CORP COM 655844108 236 4,223 SH X 1 3,491 0 732
ON SEMICONDUCTOR CORP COM 682189105 110 13,711 SH X 1 13,711 0 0
O REILLY AUTOMOTIVE INC COM 686091109 332 7,968 SH X 1 6,653 0 1,315
PDL BIOPHARMA INC COM 69329Y104 186 30,000 SH X 1 0 30,000 0
PEPSICO INC COM 713448108 1,056 15,961 SH X 1 14,499 0 1,462
1PEPSICO INC COM 713448108 73 1,100 SH X 1 0 1,100 0
PFIZER INC COM 717081103 446 25,996 SH X 1 25,186 0 810
PFIZER INC COM 717081103 24 1,420 SH X 1 720 700 0
PHILIP MORRIS INTL INC COM 718172109 527 10,111 SH X 1 7,990 0 2,121
PHILIP MORRIS INTL INC COM 718172109 6 118 SH X 1 118 0 0
POTASH CORP SASK INC COM 73755L107 602 5,044 SH X 1 5,044 0 0
PRAXAIR INC COM 74005P104 296 3,568 SH X 1 2,869 0 699
PRECISION CASTPARTS CORP COM 740189105 263 2,075 SH X 1 1,601 0 474
PRICE T ROWE GROUP INC COM 74144T108 887 16,130 SH X 1 15,760 0 370
PRICE T ROWE GROWTH STK FD I COM 741479109 80,175 2,794,530 SH X 1 2,793,544 890 96
PRICE T ROWE GROWTH STK FD I COM 741479109 592 20,641 SH X 1 16,633 3,724 284
PROCTER & GAMBLE CO COM 742718109 2,397 37,887 SH X 1 35,664 0 2,223
PROCTER & GAMBLE CO COM 742718109 383 6,060 SH X 1 6,060 0 0
QUALCOMM INC COM 747525103 313 7,469 SH X 1 5,824 0 1,645
RAYTHEON CO COM NEW 755111507 279 4,893 SH X 1 3,788 0 1,105
REGIONS FINANCIAL CORP NEW COM 7591EP100 317 40,330 SH X 1 33,346 0 6,984
REGIONS FINANCIAL CORP NEW COM 7591EP100 17 2,205 SH X 1 0 2,205 0
REPUBLIC SVCS INC COM 760759100 528 18,200 SH X 1 18,200 0 0
ROWE T PRICE EQUITY INCOME F SH BEN
INT 779547108 18,028 809,497 SH X 1 809,234 238 25
ROWE T PRICE EQUITY INCOME F SH BEN
INT 779547108 100 4,491 SH X 1 4,241 156 94
ROWE T PRICE MID-CAP GROWTH COM 779556109 48,104 934,783 SH X 1 934,455 296 32
ROWE T PRICE MID-CAP GROWTH COM 779556109 295 5,726 SH X 1 4,877 746 103
ROWE T PRICE MID CAP VALUE F COM 77957Y106 277 12,573 SH X 1 4,545 0 8,028
ROYAL DUTCH SHELL PLC SPON ADR 780259107 182 3,287 SH X 1 1,627 0 1,660
B
ROYAL DUTCH SHELL PLC SPON ADR 780259107 93 1,687 SH X 1 1,687 0 0
B
ROYAL DUTCH SHELL PLC SPONS 780259206 93 1,600 SH X 1 1,600 0 0
ADR A
ROYAL DUTCH SHELL PLC SPONS 780259206 185 3,200 SH X 1 3,200 0 0
ADR A
ROYCE FD PENN MUT INV 780905840 30,807 3,059,285 SH X 1 3,058,214 957 114
ROYCE FD PENN MUT INV 780905840 175 17,370 SH X 1 15,651 1,388 331
SCHLUMBERGER LTD COM 806857108 1,048 16,511 SH X 1 15,255 0 1,256
SCHWAB CHARLES CORP NEW COM 808513105 698 37,350 SH X 1 35,382 0 1,968
5
INVESTMENT
DISCRETION ** VOTING AUTHORITY **
---------------- -----------------------------
MKT
TITLE OF VAL Shares/ SH/ PUT/ SOLE SHR OTH OTH SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP x 1000 PRN Amt PRN CALL (A) (B) (C) MGR (A) (B) (C)
-------------- --------- --------- ------- ---------- --- ---- ---- --- --- --- ---------- ---------- -------
SEQUENOM INC COM NEW 817337405 63 10,000 SH X 1 10,000 0 0
SHERWIN WILLIAMS CO COM 824348106 237 3,500 SH X 1 3,500 0 0
SIMMONS 1ST NATL CORP CL A $1 828730200 291 10,566 SH X 1 10,566 0 0
PAR
SIRIUS XM RADIO INC COM 82967N108 9 10,000 SH X 1 10,000 0 0
SOUTHERN CO COM 842587107 3,754 113,205 SH X 1 111,530 0 1,675
SOUTHERN CO COM 842587107 162 4,898 SH X 1 4,898 0 0
SOUTHWESTERN ENERGY CO COM 845467109 214 5,257 SH X 1 4,113 0 1,144
SPRINT NEXTEL CORP COMSER 1 852061100 190 50,000 SH X 1 50,000 0 0
STAPLES INC COM 855030102 297 12,697 SH X 1 9,694 0 3,003
STATE STR CORP COM 857477103 402 8,900 SH X 1 8,900 0 0
STRYKER CORP COM 863667101 1,607 28,086 SH X 1 26,816 0 1,270
TARGET CORP COM 87612E106 561 10,657 SH X 1 8,120 0 2,537
TEXAS INSTRS INC COM 882508104 247 10,087 SH X 1 7,774 0 2,313
TEXAS ROADHOUSE INC COM 882681109 779 56,076 SH X 1 56,076 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 334 6,485 SH X 1 5,107 0 1,378
TOTAL S A SPONSORED 89151E109 231 3,980 SH X 1 2,729 0 1,251
ADR
TOTAL S A SPONSORED 89151E109 6 96 SH X 1 96 0 0
ADR
TRIMBLE NAVIGATION LTD COM 896239100 361 12,560 SH X 1 12,560 0 0
TRUSTMARK CORP COM 898402102 586 23,997 SH X 1 23,997 0 0
CABE TIMBER I LIMITED PARTNE 9020F6992 1,819 4 SH X 1 4 0 0
LONG TIMBER CO LTD 80% FAMIL 9020G7999 3,786 1 SH X 1 1 0 0
USA TRUCK INC COM 902925106 285 17,613 SH X 1 17,613 0 0
US BANCORP DEL COM 902973304 220 8,500 SH X 1 8,500 0 0
NEW
UNION PAC CORP COM 907818108 133 1,809 SH X 1 1,446 0 363
UNION PAC CORP COM 907818108 323 4,400 SH X 1 0 4,400 0
UNITED TECHNOLOGIES CORP COM 913017109 747 10,154 SH X 1 8,795 0 1,359
V F CORP COM 918204108 422 5,270 SH X 1 4,918 0 352
VANGUARD STAR FD TOTAL 921909602 422 28,867 SH X 1 28,867 0 0
INTL STK
VANGUARD WORLD FD MEGA CAP 921910873 1,901 47,287 SH X 1 47,287 0 0
INDEX
1VANGUARD EXPLORER FD INC COM 921926101 435 7,001 SH X 1 7,001 0 0
VANGUARD TAX-MANAGED FD EUROPE 921943858 829 23,944 SH X 1 23,944 0 0
PAC ETF
VARIAN SEMICONDUCTOR EQUIPMN COM 922207105 290 8,750 SH X 1 8,750 0 0
VANGUARD INDEX FDS 500 922908108 252 2,335 SH X 1 153 0 2,182
PORTFOLIO
VANGUARD INDEX FDS 500 922908108 114 1,055 SH X 1 795 260 0
PORTFOLIO
VANGUARD INDEX FDS VALUE 922908405 2,719 138,155 SH X 1 138,155 0 0
PTFL
VANGUARD INDEX FDS SM CP 922908611 234 3,903 SH X 1 3,903 0 0
VAL ETF
VANGUARD INDEX FDS MID CAP 922908629 1,272 19,532 SH X 1 19,532 0 0
ETF
VANGUARD INDEX FDS SMALL CP 922908751 862 13,689 SH X 1 13,689 0 0
ETF
VERIZON COMMUNICATIONS INC COM 92343V104 405 13,055 SH X 1 10,239 0 2,816
VERIZON COMMUNICATIONS INC COM 92343V104 32 1,038 SH X 1 240 798 0
VISA INC COM CL A 92826C839 389 4,275 SH X 1 3,297 0 978
VODAFONE GROUP PLC NEW 92857W209 209 8,960 SH X 1 4,418 0 4,542
SPONS
ADR NEW
VODAFONE GROUP PLC NEW 92857W209 17 744 SH X 1 250 494 0
SPONS
ADR NEW
WAL MART STORES INC COM 931142103 1,385 24,916 SH X 1 24,916 0 0
WASHINGTON MUT INVS FD INC COM 939330106 814 31,969 SH X 1 31,969 0 0
WELLS FARGO & CO NEW COM 949746101 422 13,552 SH X 1 13,552 0 0
WISDOMTREE TRUST DIV 97717W406 324 7,565 SH X 1 7,565 0 0
EX-FINL
FD
YUM BRANDS INC COM 988498101 1,476 38,514 SH X 1 38,514 0 0
FINAL TOTALS 934,909 27,491,754 16,187,526 10,958,776 345,452
6