-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Hfk7QjV8zdzOp4KnKPT2WV9SflZ92eDjpp3y05QSw7f41++4xEJqkglnHZCq8HPo soYtmE4eC0oo6v1FYWWvdw== 0001310929-06-000021.txt : 20061114 0001310929-06-000021.hdr.sgml : 20061114 20061114151829 ACCESSION NUMBER: 0001310929-06-000021 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060930 FILED AS OF DATE: 20061114 DATE AS OF CHANGE: 20061114 EFFECTIVENESS DATE: 20061114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Willis Investment Counsel CENTRAL INDEX KEY: 0001310929 IRS NUMBER: 581396624 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11914 FILM NUMBER: 061214432 BUSINESS ADDRESS: STREET 1: WACHOVIA CENTER SUITE 500 STREET 2: 340 JESSE JEWELL PARKWAY CITY: GAINESVILLE STATE: GA ZIP: 30501 BUSINESS PHONE: 770-718-0706 MAIL ADDRESS: STREET 1: WACHOVIA CENTER SUITE 500 STREET 2: 340 JESSE JEWELL PARKWAY CITY: GAINESVILLE STATE: GA ZIP: 30501 13F-HR 1 form13f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington DC 20549 FORM 13F 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: Willis Investment Counsel, Inc. Address: 710 Green Street Gainesville, Georgia 30501 13F File Number: 028-11914 The institutional 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: Robert T. Willis, Jr. Title: Chief Investment Officer and Partner Phone: 770-718-0706 Signature Place and Date of Signing Robert T. Willis, Jr. Gainesville, Georgia November 13, 2006 Report Type (check only one): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT FORM 13F SUMMARY PAGE Report Summary: Number of other Included Managers: 0 Form 13F Information Table entry Total: 55 Form 13F Information Table Value Total: 134422 List of Other Included Managers: None FORM 13F INFORMATION TABLE ISSUER TITLE CUSIP VALUE SHARES SH/PRN PUT/CALL DSCRETN OTHER VOTING AUTHORITY SOLE SHARED NONE Alltel COM 020039103 1502 27055 SH SOLE 4800 22255 AIG COM 026874107 2729 41179 SH SOLE 7530 33649 Altira COM 02209S103 354 4620 SH SOLE 0 4620 American Pwr COM 029066107 3287 149688 SH SOLE 28508 121180 BP PLC SPON ADR 055622104 238 3622 SH SOLE 0 3622 Bank of America COM 060505104 502 9366 SH SOLE 0 9366 Bank of NY COM 064057102 3736 105966 SH SOLE 19625 86341 Bristol Myers COM 110122108 5804 232906 SH SOLE 43535 189371 Caterpillar COM 149123101 269 4085 SH SOLE 0 4085 Cisco Sysstems COM 17275R102 2040 88760 SH SOLE 17090 71670 Coca Cola COM 191216100 3624 81102 SH SOLE 13910 67192 Deere COM 244199105 482 5750 SH SOLE 0 5750 Dow Jones COM 260561105 2370 70670 SH SOLE 13070 57600 Eastman Kodak COM 264399106 3132 139801 SH SOLE 26291 113510 Eli Lilly COM 277461109 2858 50135 SH SOLE 9070 41065 Exxon Mobil COM 30231G102 384 5730 SH SOLE 0 5730 Fed. Nat'l Mtg COM 313586109 1327 23730 SH SOLE 4200 19530 Fifth Third Banc COM 316773100 1713 44990 SH SOLE 8200 36790 Ford Mtr PFD TR CV6.5% 345395206 2366 70445 SH SOLE 0 70445 Fortune Bnd COM 349631101 322 4285 SH SOLE 0 4285 GB & T COM 361462104 405 19230 SH SOLE 0 19230 Gallaher COM 363595109 275 4200 SH SOLE 0 4200 GE COM 369604103 6882 194949 SH SOLE 27310 167639 Hewlett Pkd COM 428236103 1966 53577 SH SOLE 10555 43022 Home Depot COM 437076102 4914 135486 SH SOLE 25032 110454 IBM COM 459044103 4251 51875 SH SOLE 7940 43935 Intel Corp COM 458140100 4868 236676 SH SOLE 44230 192446 Janus COM 47102X105 2594 131555 SH SOLE 25040 106515 Johnson&Johnson COM 478160104 364 5601 SH SOLE 0 5601 Marsh&Mclennan COM 571748102 2871 101985 SH SOLE 19895 82090 Maxim IntegratedCOM 57772K101 1696 60415 SH SOLE 10950 49465 McDonalds Corp COM 580135101 2395 61230 SH SOLE 10879 50351 Merck & Co COM 589331107 5956 142146 SH SOLE 28035 114111 Microsoft Corp COM 594918104 3614 132155 SH SOLE 24270 107885 New York Times CL A 650111107 2045 89000 SH SOLE 16460 72540 Nokia Corp COM 654902204 5166 262368 SH SOLE 44890 217478 Northern Trust COM 665859104 3950 67604 SH SOLE 12335 55269 Pfizer Inc COM 717081103 5414 190893 SH SOLE 34784 156109 Pitney Bowes COM 724479100 1771 39916 SH SOLE 7395 32521 Regions Fin COM 7591EP100 1171 31835 SH SOLE 0 31835 Schering-Plough COM 806605101 4877 220760 SH SOLE 41000 179760 Southwest Air COM 844741108 3204 192332 SH SOLE 36280 156052 SunTrust Bank COM 867892101 981 6700 SH SOLE 0 6700 Sysco Corp COM 871829107 2951 88230 SH SOLE 16270 71960 Wachovia Corp COM 929903102 1055 18914 SH SOLE 0 18914 Walt Disney COM 254687106 1761 56985 SH SOLE 9750 47235 Waste Mgmt COM 94106L109 1687 46005 SH SOLE 8285 37720 Windstream COM 97381W104 3048 23110 SH SOLE 5139 17971 Xerox COM 984121103 2306 148209 SH SOLE 28339 119270 XL Capital COM G98255105 1317 19175 SH SOLE 3450 15725 Zimmer Holding COM 98956P102 1316 19491 SH SOLE 3575 15916 IShares TR GS Corp 464287242 3278 30680 SH SOLE 0 30680 IShares TR Lehman AGG 464287226 6515 65045 SH SOLE 0 65045 IShares TR 1-3 Yr 464287457 997 12405 SH SOLE 0 12405 IShares TR 7-10 Yr 464287440 729 8780 SH SOLE 0 8780 -----END PRIVACY-ENHANCED MESSAGE-----