-----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, BekZCY+CA2/Sxym8X0LiO5KIH7eT9+T96kPJE9EXs+tTok2HGsL1RksObpUUml05 iJl3z4y0Q0D1YGdXUaWe6Q== 0001310929-07-000002.txt : 20070215 0001310929-07-000002.hdr.sgml : 20070215 20070215100017 ACCESSION NUMBER: 0001310929-07-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061231 FILED AS OF DATE: 20070215 DATE AS OF CHANGE: 20070215 EFFECTIVENESS DATE: 20070215 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: 07625651 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: December 31, 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 February 14, 2007 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: 57 Form 13F Information Table Value Total: 145217 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 1666 27545 SH SOLE 4800 22745 AIG COM 026874107 2999 41834 SH SOLE 7530 34304 Altira COM 02209S103 397 4620 SH SOLE 0 4620 American Pwr COM 029066107 4386 143378 SH SOLE 27358 116020 BP PLC SPON ADR 055622104 231 3447 SH SOLE 0 3447 Bank of America COM 060505104 438 8212 SH SOLE 0 8212 Bank of NY COM 064057102 4244 107806 SH SOLE 19705 88101 Biomet COM 090613100 2047 49600 SH SOLE 9340 40260 Bristol Myers COM 110122108 5946 225896 SH SOLE 39275 186621 Caterpillar COM 149123101 251 4085 SH SOLE 0 4085 Cisco Sysstems COM 17275R102 2501 91502 SH SOLE 17090 74412 Coca Cola COM 191216100 4081 84583 SH SOLE 13980 70603 Deere COM 244199105 547 5750 SH SOLE 0 5750 Dow Jones COM 260561105 2741 72140 SH SOLE 13120 59020 Eastman Kodak COM 264399106 1788 69316 SH SOLE 13151 56165 Eli Lilly COM 277461109 2718 52175 SH SOLE 9140 43035 Exxon Mobil COM 30231G102 439 5730 SH SOLE 0 5730 Fed. Nat'l Mtg COM 313586109 2543 42820 SH SOLE 7420 35400 Fifth Third Banc COM 316773100 1868 45650 SH SOLE 8200 37450 Ford Mtr PFD TR CV6.5% 345395206 2453 71735 SH SOLE 0 71735 Fortune Bnd COM 349631101 366 4285 SH SOLE 0 4285 GB & T COM 361462104 426 19230 SH SOLE 0 19230 Gallaher COM 363595109 378 4200 SH SOLE 0 4200 GE COM 369604103 7266 195275 SH SOLE 27310 167965 Hewlett Pkd COM 428236103 2142 52007 SH SOLE 9955 42052 Home Depot COM 437076102 5511 137233 SH SOLE 25032 112151 HSBC Holdings ADR A 1/40PFA 404280604 290 11400 SH SOLE 0 11400 IBM COM 459044103 5029 51770 SH SOLE 7940 43830 Intel Corp COM 458140100 4856 239794 SH SOLE 44230 195564 Janus COM 47102X105 2860 132490 SH SOLE 25040 107450 Johnson&Johnson COM 478160104 377 5713 SH SOLE 0 5713 Marsh&Mclennan COM 571748102 3182 103785 SH SOLE 19895 83890 Maxim IntegratedCOM 57772K101 1921 62735 SH SOLE 10950 51785 McDonalds Corp COM 580135101 2691 60710 SH SOLE 10479 50231 Microsoft Corp COM 594918104 3990 133636 SH SOLE 24270 109366 New York Times CL A 650111107 2235 91750 SH SOLE 16460 75290 Nokia Corp COM 654902204 5517 271508 SH SOLE 45160 226348 Northern Trust COM 665859104 4242 69904 SH SOLE 12405 57499 Pfizer Inc COM 717081103 4975 192084 SH SOLE 34784 157300 Pitney Bowes COM 724479100 1873 40556 SH SOLE 7395 33161 Regions Fin COM 7591EP100 918 24549 SH SOLE 0 24549 Royal Bk ADR PFD SER P 780097762 316 12400 SH SOLE 0 12400 Scotland Schering-Plough COM 806605101 2535 107215 SH SOLE 19740 87475 Southwest Air COM 844741108 3100 202362 SH SOLE 36660 165702 SunTrust Bank COM 867892101 575 6820 SH SOLE 0 6820 Sysco Corp COM 871829107 3522 95820 SH SOLE 16690 79130 Wachovia Corp COM 929903102 929 16312 SH SOLE 0 16312 Walt Disney COM 254687106 1861 54295 SH SOLE 9750 44545 Waste Mgmt COM 94106L109 1733 47125 SH SOLE 8285 38840 Xerox COM 984121103 2536 149589 SH SOLE 28939 120650 XL Capital COM G98255105 1387 19255 SH SOLE 3450 15805 Zimmer Holding COM 98956P102 1541 19661 SH SOLE 3575 16086 IShares TR S&P100 IDX FD 464287101 7999 121055 SH SOLE 0 121055 IShares TR Lehman AGG 464287226 6792 68125 SH SOLE 0 68125 IShares TR IBoxx InvCPBD 464287226 3224 30225 SH SOLE 0 30225 IShares TR 1-3 Yr 464287457 1111 13905 SH SOLE 0 13905 IShares TR 7-10 Yr 464287440 724 8780 SH SOLE 0 8780 -----END PRIVACY-ENHANCED MESSAGE-----