0001398344-12-000269.txt : 20120201
0001398344-12-000269.hdr.sgml : 20120201
20120201122422
ACCESSION NUMBER: 0001398344-12-000269
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120201
DATE AS OF CHANGE: 20120201
EFFECTIVENESS DATE: 20120201
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Penobscot Investment Management Company, Inc.
CENTRAL INDEX KEY: 0001394866
IRS NUMBER: 042996291
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-12468
FILM NUMBER: 12561662
BUSINESS ADDRESS:
STREET 1: 50 CONGRESS STREET, SUITE 410
CITY: BOSTON
STATE: MA
ZIP: 02109
BUSINESS PHONE: 617-227-3111
MAIL ADDRESS:
STREET 1: 50 CONGRESS STREET, SUITE 410
CITY: BOSTON
STATE: MA
ZIP: 02109
13F-HR
1
fp0004113_13fhr.txt
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, 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: Penobscot Investment Management Company, Inc.
Address: 50 Congress Street, Suite 410
Boston, MA 02109
Form 13F File Number: 28-12468
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: Douglas E. Hart
Title: Principal
Phone: 617-227-3111
Signature, Place, and Date of Signing:
/s/ Douglas E. Hart Boston, MA January 31, 2012
------------------- ---------- ----------------
[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:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-----------
Form 13F Information Table Entry Total: 215
-----------
Form 13F Information Table Value Total: $ 186,180
-----------
(thousands)
List of Other Included Managers:
Provide a numbered list of the names(s) and Form 13F file numbers(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
NONE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
--------------------------- ---------------- --------- -------- ------------------- ---------- -------- ----------------------
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ----------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------- ---------------- --------- -------- -------- --- ---- ---------- -------- ------- ------ -------
3M CO COM COM 88579Y101 4,146 50,734 SH SOLE 37,622 13,112
3M CO COM COM 88579Y101 57 700 SH OTHER 520 180
ABBOTT LABS COM COM 002824100 4,219 75,037 SH SOLE 56,765 18,272
ABBOTT LABS COM COM 002824100 231 4,100 SH OTHER 700 3,400
ABERDEEN AISA PACIFIC INC COM 003009107 2,029 276,840 SH SOLE 170,060 106,780
ABERDEEN AISA PACIFIC INC COM 003009107 271 37,000 SH OTHER 3,400 33,600
ACCENTURE PLC CL A SHS CLASS A G1151C101 658 12,365 SH SOLE 8,560 3,805
ADOBE SYSTEMS INC COM 00724F101 356 12,600 SH SOLE 12,600
AFLAC INC COM 001055102 677 15,645 SH SOLE 9,765 5,880
AIR PRODUCTS & CHEMS INC COM 009158106 1,822 21,384 SH SOLE 17,984 3,400
AIR PRODUCTS & CHEMS INC COM 009158106 38 450 SH SOLE 450
AMERICAN ELECTRIC POWER COM 025537101 597 14,461 SH SOLE 4,491 9,970
AMERICAN EXPRESS COM 025816109 424 8,995 SH SOLE 7,945 1,050
AMPHENOL CL A 032095101 217 4,780 SH SOLE 3,250 1,530
AMPHENOL CL A 032095101 10 220 SH OTHER 220
ANADARKO PETROLEUM COM 032511107 372 4,870 SH SOLE 2,390 2,480
ANADARKO PETROLEUM COM 032511107 47 614 SH OTHER 614
APACHE CORP COM 037411105 1,350 14,901 SH SOLE 5,896 9,005
APACHE CORP COM 037411105 86 950 SH OTHER 450 500
APPLE COMPUTER INC COM 037833100 952 2,351 SH SOLE 2,031 320
APPLIED MATERIALS COM 038222105 180 16,800 SH SOLE 16,800
AQUA AMERICA INC COM 03836W103 329 14,916 SH SOLE 14,916
AT&T CORP COM NEW COM 00206R102 3,785 125,164 SH SOLE 102,288 22,876
AT&T CORP COM NEW COM 00206R102 30 1,000 SH OTHER 1,000
AUTO DATA PROCESSING COM 053015103 2,980 55,176 SH SOLE 38,136 17,040
AUTO DATA PROCESSING COM 053015103 240 4,450 SH OTHER 4,450
BANK OF AMERICA COM 060505104 102 18,292 SH SOLE 18,292
BARD C R INC COM 067383109 697 8,150 SH SOLE 7,130 1,020
BAXTER INTL INC COM 071813109 44 880 SH SOLE 700 180
BAXTER INTL INC COM 071813109 297 6,000 SH OTHER 6,000
BECTON DICKINSON COM 075887109 2,159 28,900 SH SOLE 22,240 6,660
BECTON DICKINSON COM 075887109 37 490 SH OTHER 490
BERKSHIRE HATHAWAY CL A CL A 084670108 230 200 SH SOLE 200
BERKSHIRE HATHAWAY CL B CL B NEW 084670702 368 4,828 SH SOLE 4,528 300
BHP BILLITON LTD SPONSORED ADR 088606108 768 10,880 SH SOLE 2,820 8,060
BHP BILLITON LTD SPONSORED ADR 088606108 14 200 SH OTHER 200 0
BLACKROCK INC COM 09247X101 194 1,090 SH SOLE 800 290
BLACKROCK INC COM 09247X101 11 60 SH OTHER 60
BOEING CO COM 097023105 432 5,890 SH SOLE 2,500 3,390
BOEING CO COM 097023105 392 5,350 SH OTHER 700 4,650
BP PLC SPONS ADR SPONSORED ADR 055622104 552 12,909 SH SOLE 12,309 600
BP PLC SPONS ADR SPONSORED ADR 055622104 56 1,306 SH OTHER 1,206 100
BRISTOL-MYERS SQUIBB COM 110122108 542 15,372 SH SOLE 14,780 592
BROWN FORMAN CORP-CL B CL B 115637209 698 8,669 SH SOLE 4,965 3,704
CAMDEN NATIONAL CORP COM 133034108 221 6,770 SH SOLE 6,770
CATERPILLAR INC COM 149123101 2,094 23,110 SH SOLE 18,650 4,460
CATERPILLAR INC COM 149123101 381 4,200 SH OTHER 4,200
CENTRAL FD CDA LTD COM 153501101 257 13,100 SH SOLE 5,100 8,000
CHEVRON CORP COM 166764100 6,232 58,576 SH SOLE 47,618 10,958
CHEVRON CORP COM 166764100 726 6,820 SH OTHER 520 6,300
CHUBB COM 171232101 2,064 29,823 SH SOLE 20,253 9,570
CHURCH & DWIGHT CO INC COM 171340102 672 14,691 SH SOLE 8,380 6,311
CISCO SYSTEMS INC COM 17275R102 391 21,600 SH SOLE 21,500 100
CISCO SYSTEMS INC COM 17275R102 6 328 SH OTHER 328
CLIFFS NATURAL RESOURCES COM 18683K101 752 12,065 SH SOLE 8,905 3,160
CLIFFS NATURAL RESOURCES COM 18683K101 16 260 SH OTHER 260
CLOROX CO COM 189054109 731 10,985 SH SOLE 10,910 75
COCA COLA CO COM 191216100 964 13,775 SH SOLE 8,900 4,875
COCA COLA CO COM 191216100 14 200 SH OTHER 200
COLGATE PALMOLIVE CO COM 194162103 349 3,775 SH SOLE 3,465 310
CONOCOPHILLIPS COM 20825C104 2,823 38,736 SH SOLE 33,566 5,170
CSX CORPORATION COM 126408103 2,301 109,265 SH SOLE 72,815 36,450
CSX CORPORATION COM 126408103 184 8,760 SH OTHER 2,310 6,450
CVS CAREMARK CORP COM 126650100 1,834 44,962 SH SOLE 28,204 16,758
CVS CAREMARK CORP COM 126650100 91 2,240 SH OTHER 1,400 840
DANAHER CORP COM 235851102 656 13,936 SH SOLE 12,836 1,100
DEERE & CO COM 244199105 1,128 14,585 SH SOLE 12,835 1,750
DOMINION RES INC VA COM COM 25746U109 220 4,154 SH SOLE 4,154
DOW CHEM CO COM 260543103 233 8,100 SH SOLE 7,902 198
DU PONT E I DE NEMOURS COM 263534109 1,574 34,384 SH SOLE 34,284 100
DU PONT E I DE NEMOURS COM 263534109 302 6,600 SH OTHER 6,600
ECOLAB INC COM 278865100 1,332 23,035 SH SOLE 14,265 8,770
EDISON INTERNATIONAL COM 281020107 236 5,690 SH SOLE 3,950 1,740
EMERSON ELECTRIC CO COM 291011104 2,145 46,050 SH SOLE 31,990 14,060
EMERSON ELECTRIC CO COM 291011104 33 700 SH OTHER 700
EQT CORPORATION COM 26884L109 1,397 25,500 SH SOLE 25,500
EQUIFAX INC COM 294429105 442 11,400 SH SOLE 11,400
EXELON COM 30161N101 245 5,650 SH SOLE 4,750 900
EXXON MOBIL CORP COM 30231G102 11,644 137,379 SH SOLE 101,042 36,337
EXXON MOBIL CORP COM 30231G102 1,432 16,894 SH OTHER 4,594 12,300
FACTSET RESEARCH COM 303075105 495 5,670 SH SOLE 3,260 2,410
FACTSET RESEARCH COM 303075105 44 500 SH OTHER 500
FASTENAL COM 311900104 780 17,882 SH SOLE 16,002 1,880
FIRST BANCORP INC COM 31866P102 503 32,736 SH SOLE 32,736
GENERAL DYNAMICS CORP COM 369550108 647 9,745 SH SOLE 6,515 3,230
GENERAL ELECTRIC CO COM 369604103 1,612 90,017 SH SOLE 83,892 6,125
GENERAL ELECTRIC CO COM 369604103 355 19,800 SH OTHER 7,000 12,800
GENERAL MILLS COM 370334104 309 7,646 SH SOLE 7,366 280
GLAXOSMITHKLINE PLC ADR SPONSORED ADR 37733W105 284 6,225 SH SOLE 6,225
GOOGLE INC CL A 38259P508 218 338 SH SOLE 338
HASBRO INC COM 418056107 701 21,990 SH SOLE 4,660 17,330
HASBRO INC COM 418056107 32 1,000 SH OTHER 1,000
HEINZ H J CO COM 423074103 692 12,800 SH SOLE 12,800
HONEYWELL INTL INC COM 438516106 242 4,457 SH SOLE 2,032 2,425
ILLINOIS TOOL WORKS INC COM 452308109 589 12,620 SH SOLE 11,200 1,420
INTEL CORP COM COM 458140100 3,478 143,440 SH SOLE 115,565 27,875
INTEL CORP COM COM 458140100 10 400 SH OTHER 400
INTL BUSINESS MACHS COM 459200101 8,879 48,287 SH SOLE 36,211 12,076
INTL BUSINESS MACHS COM 459200101 620 3,370 SH OTHER 1,190 2,180
ISHARES BARCLAYS TIPS BOND
FUND BARCLYS TIPS BD 464287176 305 2,617 SH SOLE 649 1,968
ISHARES BARCLAYS TIPS BOND
FUND BARCLYS TIPS BD 464287176 10 85 SH OTHER 85
ISHARES S&P LATIN AMERICA
40 INDEX FUND S&P LTN AM 40 464287390 350 8,225 SH SOLE 2,300 5,925
ISHARES S&P LATIN AMERICA
40 INDEX FUND S&P LTN AM 40 464287390 17 400 SH OTHER 400
JOHNSON & JOHNSON COM 478160104 5,485 83,639 SH SOLE 59,353 24,286
JOHNSON & JOHNSON COM 478160104 399 6,088 SH OTHER 2,248 3,840
JOHNSON CONTROLS INC COM 478366107 405 12,958 SH SOLE 8,028 4,930
JOHNSON CONTROLS INC COM 478366107 9 300 SH OTHER 300
JOY GLOBAL INC COM 481165108 301 4,020 SH SOLE 550 3,470
JOY GLOBAL INC COM 481165108 10 130 SH OTHER 130
JPMORGAN CHASE & CO COM 46625h100 1,107 33,300 SH SOLE 31,680 1,620
JPMORGAN CHASE & CO COM 46625h100 17 526 SH OTHER 396 130
KIMBERLY CLARK CORP COM 494368103 483 6,570 SH SOLE 5,855 715
MASTERCARD INC CL A 57636Q104 311 834 SH SOLE 579 255
MCCORMICK & CO INC COM NON VTG 579780206 898 17,805 SH SOLE 17,805
MCDONALDS CORP COM 580135101 3,913 39,003 SH SOLE 23,363 15,640
MCDONALDS CORP COM 580135101 521 5,190 SH OTHER 1,090 4,100
MCKESSON CORP COM 58155Q103 221 2,837 SH SOLE 1,167 1,670
MDU RESOURCES GROUP COM 552690109 35 1,650 SH SOLE 1,650
MDU RESOURCES GROUP COM 552690109 244 11,389 SH OTHER 11,389
MEDTRONIC INC COM 585055106 222 5,795 SH SOLE 1,775 4,020
MEDTRONIC INC COM 585055106 20 530 SH OTHER 130 400
MERCK & CO INC COM 58933Y105 934 24,768 SH SOLE 17,669 7,099
MERCK & CO INC COM 58933Y105 305 8,100 SH OTHER 1,800 6,300
MICROSOFT CORP COM 594918104 1,888 72,729 SH SOLE 44,490 28,239
MICROSOFT CORP COM 594918104 334 12,850 SH OTHER 1,850 11,000
MONSANTO CO NEW COM 61166W101 607 8,658 SH SOLE 8,658
NATIONAL PRESTO INDUSTRIES COM 637215104 1,259 13,450 SH SOLE 10,040 3,410
NATIONAL PRESTO INDUSTRIES COM 637215104 66 700 SH OTHER 700
NEXTERA ENERGY INC COM 65339F101 3,307 54,315 SH SOLE 28,025 26,290
NEXTERA ENERGY INC COM 65339F101 286 4,700 SH OTHER 2,400 2,300
NIKE INC CLASS B CL B 654106103 3,379 35,060 SH SOLE 17,075 17,985
NIKE INC CLASS B CL B 654106103 139 1,440 SH OTHER 700 740
NOBLE CORP NAMEN -AKT H5833N103 278 9,210 SH SOLE 5,900 3,310
NOBLE CORP NAMEN -AKT H5833N103 3 100 SH OTHER 100
NOBLE ENERGY INC COM 655044105 264 2,800 SH SOLE 2,800
NOKIA CORP SPONSORED ADR 654902204 154 32,000 SH SOLE 32,000
NORFOLK SOUTHERN CORP COM 655844108 553 7,594 SH SOLE 5,184 2,410
NORTHEAST UTILITIES COM 664397106 757 20,995 SH SOLE 20,470 525
NOVARTIS AG SPONS ADR SPONSORED ADR 66987V109 812 14,210 SH SOLE 10,835 3,375
NOVARTIS AG SPONS ADR SPONSORED ADR 66987V109 11 200 SH OTHER 200
NOVO NORDISK ADR 670100205 361 3,130 SH SOLE 3,080 50
NSTAR COM 67019E107 1,053 22,424 SH SOLE 12,080 10,344
OCCIDENTAL PETE CORP COM 674599105 372 3,975 SH SOLE 1,920 2,055
ORACLE COM 68389X105 1,481 57,720 SH SOLE 33,240 24,480
ORACLE COM 68389X105 81 3,150 SH OTHER 1,950 1,200
PARKER HANNIFIN CORP COM 701094104 202 2,650 SH SOLE 2,650
PAYCHEX INC COM 704326107 285 9,480 SH SOLE 7,830 1,650
PAYCHEX INC COM 704326107 5 180 SH OTHER 180
PEPSICO INC COM 713448108 3,797 57,220 SH SOLE 41,578 15,642
PEPSICO INC COM 713448108 58 870 SH OTHER 750 120
PERRIGO CO COM 714290103 426 4,380 SH SOLE 2,030 2,350
PFIZER INC COM COM 717081103 2,455 113,445 SH SOLE 113,445
PFIZER INC COM COM 717081103 381 17,600 SH OTHER 17,600
PPG INDUSTRIES COM 693506107 250 2,996 SH SOLE 2,996
PRAXAIR COM 74005P104 1,528 14,290 SH SOLE 11,580 2,710
PRECISION CASTPARTS CORP. COM 740189105 659 4,000 SH SOLE 4,000
PROCTER & GAMBLE CO COM 742718109 9,196 137,843 SH SOLE 110,555 27,288
PROCTER & GAMBLE CO COM 742718109 306 4,580 SH OTHER 1,080 3,500
PROSHARES SHORT 20+
TREASURY SHRT 20+ YR TRE 74347X849 191 6,120 SH SOLE 2,910 3,210
PROSHARES SHORT 20+
TREASURY SHRT 20+ YR TRE 74347X849 16 500 SH OTHER 500
QUALCOMM INC COM 747525103 798 14,580 SH SOLE 5,840 8,740
QUALCOMM INC COM 747525103 227 4,150 SH OTHER 1,350 2,800
ROYAL BANK OF CANADA COM 780087102 213 4,180 SH SOLE 3,530 650
ROYAL DUTCH SHELL ADR SPON ADR A 780259206 1,995 27,295 SH SOLE 21,720 5,575
SARA LEE CORP COM 803111103 424 22,400 SH SOLE 22,400
SCHLUMBERGER LTD COM 806857108 1,119 16,382 SH SOLE 11,002 5,380
SCHLUMBERGER LTD COM 806857108 68 1,000 SH OTHER 600 400
SHERWIN WILLIAMS CO COM 824348106 2,868 32,125 SH SOLE 28,390 3,735
SHERWIN WILLIAMS CO COM 824348106 8 90 SH OTHER 90
SIGMA-ALDRICH CORP COM 826552101 2,061 33,000 SH SOLE 22,230 10,770
SIGMA-ALDRICH CORP COM 826552101 10 160 SH OTHER 160
SMUCKER J M CO COM NEW 832696405 807 10,319 SH SOLE 5,379 4,940
SMUCKER J M CO COM NEW 832696405 27 340 SH OTHER 340
SOUTHERN CO COM 842587107 561 12,118 SH SOLE 8,430 3,688
SOUTHWESTERN ENERGY COM 845467109 84 2,630 SH SOLE 130 2,500
SOUTHWESTERN ENERGY COM 845467109 821 25,700 SH OTHER 25,700
SPDR DOW JONES IND AVE UT SER 1 78467X109 472 3,870 SH SOLE 2,890 980
SPDR DOW JONES IND AVE UT SER 1 78467X109 37 300 SH OTHER 300
SPDR GOLD TRUST GOLD SHS 78463V107 1,009 6,636 SH SOLE 1,541 5,095
SPDR S&P DIVIDEND ETF S&P DIVID ETF 78464A763 236 4,385 SH SOLE 4,185 200
SPDR S&P 500 ETF TR UNIT 78462F103 292 2,327 SH SOLE 1,407 920
SPDR S&P MIDCAP 400 ETF UTSER1 S&PDCRP 78467Y107 301 1,885 SH SOLE 535 1,350
STRYKER CORP COM 863667101 568 11,421 SH SOLE 4,650 6,771
STRYKER CORP COM 863667101 26 520 SH OTHER 520
SYSCO CORP COM 871829107 356 12,134 SH SOLE 11,673 461
TELEFONICA S A ADR SPONSORED ADR 879382208 178 10,350 SH SOLE 10,350
TEVA PHARMACEUTICAL ADR COM 881624209 729 18,060 SH SOLE 11,520 6,540
TEVA PHARMACEUTICAL ADR COM 881624209 52 1,300 SH OTHER 600 700
TEXAS INSTRUMENTS INC. COM 882508104 392 13,455 SH SOLE 7,670 5,785
TJX COMPANIES COM 872540109 607 9,410 SH SOLE 5,370 4,040
TORONTO DOMINION BANK COM NEW 891160509 1,676 22,399 SH SOLE 13,477 8,922
TORONTO DOMINION BANK COM NEW 891160509 142 1,900 SH OTHER 500 1,400
UNION PACIFIC CORP COM 907818108 1,417 13,380 SH SOLE 9,100 4,280
UNION PACIFIC CORP COM 907818108 21 200 SH OTHER 200
UNITED PARCEL SVC INC CL B CL B 911312106 284 3,880 SH SOLE 1,400 2,480
UNITED TECHNOLOGIES CORP COM 913017109 5,093 69,685 SH SOLE 48,915 20,770
UNITED TECHNOLOGIES CORP COM 913017109 251 3,440 SH OTHER 890 2,550
US BANCORP COM NEW 902973304 717 26,488 SH SOLE 26,488
US BANCORP COM NEW 902973304 5 200 SH OTHER 200
VANGUARD MSCI EMERGING
MARKETS ETF MSCI EMR MKT ETF 922042858 223 5,840 SH SOLE 4,080 1,760
VERIZON COMMUNICATIONS COM 92343V104 1,359 33,868 SH SOLE 32,668 1,200
VERIZON COMMUNICATIONS COM 92343V104 8 200 SH OTHER 200
VISA INC COM CL A 92826C839 241 2,375 SH SOLE 1,915 460
VISA INC COM CL A 92826C839 10 100 SH OTHER 100
VODAFONE GROUP PLC SPONS ADR NEW 92857W209 284 10,117 SH SOLE 5,021 5,096
VODAFONE GROUP PLC SPONS ADR NEW 92857W209 37 1,312 SH OTHER 1,312
WALGREEN CO COM 931422109 336 10,178 SH SOLE 10,098 80
WALT DISNEY COMPANY COM DISNEY 254687106 1,372 36,593 SH SOLE 31,053 5,540
WALT DISNEY COMPANY COM DISNEY 254687106 45 1,200 SH OTHER 1,200
WELLS FARGO & CO COM 949746101 300 10,898 SH SOLE 5,668 5,230
WINDSTREAM CORPORATION COM 97381W104 284 24,200 SH SOLE 24,200
WISCONSIN ENERGY CP COM 976657106 423 12,110 SH SOLE 10,090 2,020
WISCONSIN ENERGY CP COM 976657106 10 300 SH OTHER 300
ZIMMER HOLDINGS INC COM 98956P102 221 4,131 SH SOLE 3,331 800
ZIX CORPORATION COM 98974P100 43 15,400 SH OTHER 15,400