-----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, F3MVZHHYi+lRG856h8sW0AVSh/bv3BvHPR/1cFrodJlUJkrnHUYMBOgtiYgzNxMl hMWUet7/2cN7E6TPxHuZ1A== 0001398344-11-000393.txt : 20110214 0001398344-11-000393.hdr.sgml : 20110214 20110214190440 ACCESSION NUMBER: 0001398344-11-000393 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110214 DATE AS OF CHANGE: 20110214 EFFECTIVENESS DATE: 20110214 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: 11610198 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 fp0002548_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, 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: 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 February 14, 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: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28-______________ _______________________________ [Repeat as necessary. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 208 ----------- Form 13F Information Table Value Total: $ 185,544 ----------- (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.] No. Form 13F File Number Name ______ 28-______________________ ______________________________ [Repeat as necessary.]
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - ----------------------------- -------------- --------- -------- ------------------- ---------- -------- ------------------- VOTING AUTHORITY VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ------------------- NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ----------------------------- -------------- --------- -------- ------- ---- ---- ---------- -------- ---- ------ ----- 3M CO COM COM 88579y101 4,467 51,756 SH SOLE 35,759 15,997 3M CO COM COM 88579y101 16 180 SH OTHER 180 ABBOTT LABS COM COM 002824100 3,413 71,232 SH SOLE 48,250 22,982 ABBOTT LABS COM COM 002824100 244 5,100 SH OTHER 700 4,400 ABERDEEN AISA PACIFIC INC COM 003009107 1,038 153,765 SH SOLE 59,075 94,690 ABERDEEN AISA PACIFIC INC COM 003009107 250 37,000 SH OTHER 3,400 33,600 ACCENTURE PLC CL A COM G1151C101 206 4,250 SH SOLE 3,430 820 ADOBE SYSTEMS INC COM 00724f101 388 12,600 SH SOLE 12,600 AFLAC INC COM 001055102 2,038 36,120 SH SOLE 19,060 17,060 AFLAC INC COM 001055102 82 1,450 SH OTHER 1,050 400 AIR PRODUCTS & CHEMS INC COM 009158106 1,958 21,526 SH SOLE 17,526 4,000 AMERICAN ELECTRIC POWER COM 025537101 445 12,361 SH SOLE 4,491 7,870 AMERICAN ELECTRIC POWER COM 025537101 83 2,300 SH OTHER 2,300 AMERICAN EXPRESS COM 025816109 382 8,910 SH SOLE 7,860 1,050 ANADARKO PETROLEUM COM 032511107 385 5,050 SH SOLE 2,390 2,660 ANADARKO PETROLEUM COM 032511107 47 614 SH OTHER 614 APACHE CORP COM 037411105 1,698 14,239 SH SOLE 6,054 8,185 APACHE CORP COM 037411105 209 1,750 SH OTHER 450 1,300 APPLE COMPUTER INC COM 037833100 460 1,425 SH SOLE 835 590 APPLIED MATERIALS COM 038222105 256 18,200 SH SOLE 18,200 AQUA AMERICA INC COM 03836w103 335 14,916 SH SOLE 14,916 AT&T CORP COM NEW COM 00206R102 2,795 95,138 SH SOLE 76,908 18,230 AUTO DATA PROCESSING COM 053015103 2,311 49,941 SH SOLE 32,626 17,315 AUTO DATA PROCESSING COM 053015103 215 4,650 SH OTHER 4,650 AVERY DENNISON CORP COM 053611109 293 6,920 SH SOLE 6,920 BANK OF AMERICA COM 060505104 249 18,688 SH SOLE 18,688 BARD C R INC COM 067383109 790 8,610 SH SOLE 7,590 1,020 BAXTER INTL INC COM 071813109 45 880 SH SOLE 700 180 BAXTER INTL INC COM 071813109 304 6,000 SH OTHER 6,000 BECTON DICKINSON COM 075887109 2,804 33,170 SH SOLE 22,250 10,920 BECTON DICKINSON COM 075887109 76 900 SH OTHER 400 500 BERKSHIRE HATHAWAY CL A COM 084670108 241 200 SH SOLE 200 BERKSHIRE HATHAWAY CL B COM 084670702 423 5,280 SH SOLE 4,930 350 BHP BILLITON LTD COM 088606108 865 9,305 SH SOLE 1,995 7,310 BHP BILLITON LTD COM 088606108 23 250 SH OTHER 250 BOEING CO COM 097023105 191 2,930 SH SOLE 1,380 1,550 BOEING CO COM 097023105 379 5,800 SH OTHER 700 5,100 BP PLC SPONS ADR COM 055622104 631 14,278 SH SOLE 14,278 BP PLC SPONS ADR COM 055622104 58 1,306 SH OTHER 1,206 100 BRISTOL-MYERS SQUIBB COM 110122108 511 19,285 SH SOLE 17,863 1,422 BROWN FORMAN CORP-CL B COM 115637209 613 8,806 SH SOLE 4,902 3,904 BRUNSWICK CORP COM 117043109 187 10,000 SH SOLE 10,000 BUCKEYE PARTNERS LP COM 118230101 203 3,032 SH SOLE 2,600 432 CATERPILLAR INC COM 149123101 2,317 24,740 SH SOLE 20,910 3,830 CATERPILLAR INC COM 149123101 440 4,700 SH OTHER 4,700 CENTRAL FD CDA LTD COM 153501101 212 10,240 SH SOLE 4,040 6,200 CHEVRON CORP COM 166764100 5,261 57,650 SH SOLE 45,818 11,832 CHEVRON CORP COM 166764100 673 7,376 SH OTHER 460 6,916 CHUBB COM 171232101 1,230 20,620 SH SOLE 14,070 6,550 CHURCH & DWIGHT CO INC COM 171340102 228 3,300 SH SOLE 1,750 1,550 CISCO SYSTEMS INC COM 17275r102 529 26,150 SH SOLE 26,050 100 CISCO SYSTEMS INC COM 17275r102 7 328 SH OTHER 328 CLIFFS NATURAL RESOURCES COM 18683K101 633 8,120 SH SOLE 6,660 1,460 CLOROX CO COM 189054109 740 11,695 SH SOLE 11,620 75 COCA COLA CO COM 191216100 809 12,300 SH SOLE 7,555 4,745 COLGATE PALMOLIVE CO COM 194162103 204 2,535 SH SOLE 2,285 250 CONOCOPHILLIPS COM 20825c104 2,928 42,996 SH SOLE 33,686 9,310 CSX CORPORATION COM 126408103 1,797 27,820 SH SOLE 20,920 6,900 CSX CORPORATION COM 126408103 236 3,650 SH OTHER 3,650 CUMMINS INC COM 231021106 220 2,000 SH SOLE 2,000 CVS CAREMARK CORP COM 126650100 1,450 41,708 SH SOLE 25,290 16,418 CVS CAREMARK CORP COM 126650100 127 3,640 SH OTHER 1,400 2,240 DANAHER CORP COM 235851102 597 12,660 SH SOLE 12,110 550 DEERE & CO COM 244199105 1,487 17,910 SH SOLE 16,090 1,820 DEVON ENERGY COM 25179M103 254 3,238 SH SOLE 2,218 1,020 DOVER CORP COM 260003108 254 4,350 SH SOLE 4,350 DOW CHEMICAL COMPANY COM 260543103 277 8,100 SH SOLE 7,902 198 DU PONT E I DE NEMOURS COM 263534109 1,797 36,022 SH SOLE 35,822 200 DU PONT E I DE NEMOURS COM 263534109 329 6,600 SH OTHER 6,600 ECOLAB INC COM 278865100 1,162 23,045 SH SOLE 13,335 9,710 EL PASO CORPORATION COM 28336L109 223 16,200 SH SOLE 16,200 EMERSON ELECTRIC CO COM 291011104 2,519 44,070 SH SOLE 26,980 17,090 EMERSON ELECTRIC CO COM 291011104 57 1,000 SH OTHER 1,000 EQT CORPORATION COM 26884L109 1,166 26,000 SH SOLE 26,000 EQUIFAX INC COM 294429105 406 11,400 SH SOLE 11,400 EXELON COM 30161n101 202 4,860 SH SOLE 3,960 900 EXXON MOBIL CORP COM 30231G102 11,240 153,726 SH SOLE 110,764 42,962 EXXON MOBIL CORP COM 30231G102 1,462 19,994 SH OTHER 4,294 15,700 FACTSET RESEARCH COM 303075105 473 5,040 SH SOLE 3,180 1,860 FACTSET RESEARCH COM 303075105 84 900 SH OTHER 900 FASTENAL COM 311900104 488 8,146 SH SOLE 6,706 1,440 FIDELITY NATL INFO SVCS COM 31620M106 238 8,700 SH SOLE 8,700 FORTUNE BRANDS INC COM 349631101 210 3,490 SH SOLE 3,490 FREEPORT MCMORAN COPPER COM 35671D857 266 2,215 SH SOLE 2,085 130 GENERAL DYNAMICS CORP COM 369550108 965 13,600 SH SOLE 8,830 4,770 GENERAL DYNAMICS CORP COM 369550108 75 1,050 SH OTHER 600 450 GENERAL ELECTRIC CO COM 369604103 2,037 111,393 SH SOLE 105,268 6,125 GENERAL ELECTRIC CO COM 369604103 362 19,800 SH OTHER 7,000 12,800 GLAXOSMITHKLINE PLC ADR COM 37733w105 248 6,325 SH SOLE 6,325 HASBRO INC COM 418056107 1,175 24,910 SH SOLE 3,960 20,950 HASBRO INC COM 418056107 47 1,000 SH OTHER 1,000 HEINZ H J CO COM 423074103 608 12,300 SH SOLE 12,300 HEWLETT-PACKARD CO COM 428236103 692 16,430 SH SOLE 11,180 5,250 ILLINOIS TOOL WORKS INC COM 452308109 612 11,452 SH SOLE 9,592 1,860 INTEL CORP COM COM 458140100 3,308 157,297 SH SOLE 118,470 38,827 INTEL CORP COM COM 458140100 47 2,250 SH OTHER 2,250 INTL BUSINESS MACHS COM 459200101 7,051 48,043 SH SOLE 34,607 13,436 INTL BUSINESS MACHS COM 459200101 568 3,870 SH OTHER 990 2,880 ISHARES S&P LATIN AMERICA 40 INDEX FUND COM 464287390 567 10,535 SH SOLE 1,900 8,635 ISHARES S&P LATIN AMERICA 40 INDEX FUND COM 464287390 22 400 SH OTHER 400 JOHNSON & JOHNSON COM 478160104 5,358 86,630 SH SOLE 58,549 28,081 JOHNSON & JOHNSON COM 478160104 375 6,068 SH OTHER 2,128 3,940 JOHNSON CONTROLS INC COM 478366107 357 9,356 SH SOLE 6,646 2,710 JOY GLOBAL INC COM 481165108 333 3,840 SH SOLE 500 3,340 JOY GLOBAL INC COM 481165108 20 230 SH OTHER 230 JPMORGAN CHASE & CO COM 46625h100 1,659 39,113 SH SOLE 35,353 3,760 JPMORGAN CHASE & CO COM 46625h100 6 130 SH OTHER 130 KIMBERLY CLARK CORP COM 494368103 397 6,300 SH SOLE 5,175 1,125 LINEAR TECHNOLOGY COM 535678106 318 9,180 SH SOLE 8,080 1,100 MCCORMICK & CO INC COM 579780206 777 16,700 SH SOLE 16,700 MCDONALDS CORP COM 580135101 2,637 34,360 SH SOLE 17,970 16,390 MCDONALDS CORP COM 580135101 483 6,290 SH OTHER 1,090 5,200 MDU RESOURCES GROUP COM 552690109 33 1,650 SH SOLE 1,650 MDU RESOURCES GROUP COM 552690109 231 11,389 SH OTHER 11,389 MEDTRONIC INC COM 585055106 300 8,090 SH SOLE 2,500 5,590 MEDTRONIC INC COM 585055106 15 400 SH OTHER 400 MERCK & CO INC COM 58933Y105 986 27,355 SH SOLE 19,726 7,629 MERCK & CO INC COM 58933Y105 324 9,000 SH OTHER 1,800 7,200 MICROSOFT CORP COM 594918104 2,779 99,569 SH SOLE 56,140 43,429 MICROSOFT CORP COM 594918104 370 13,250 SH OTHER 2,250 11,000 MONSANTO CO NEW COM 61166W101 634 9,108 SH SOLE 9,108 NATIONAL PRESTO INDUSTRIES COM 637215104 1,166 8,970 SH SOLE 6,520 2,450 NATIONAL PRESTO INDUSTRIES COM 637215104 117 900 SH OTHER 900 NEXTERA ENERGY INC COM 65339F101 2,688 51,711 SH SOLE 27,625 24,086 NEXTERA ENERGY INC COM 65339F101 348 6,700 SH OTHER 2,400 4,300 NIKE INC CLASS B COM 654106103 3,289 38,505 SH SOLE 17,290 21,215 NIKE INC CLASS B COM 654106103 151 1,770 SH OTHER 580 1,190 NOBLE CORP COM H5833N103 595 16,645 SH SOLE 10,925 5,720 NOBLE CORP COM H5833N103 18 500 SH OTHER 500 NOBLE ENERGY COM 655044105 241 2,800 SH SOLE 2,800 NOKIA CORP-SPONS ADR COM 654902204 330 32,000 SH SOLE 32,000 NORFOLK SOUTHERN CORP COM 655844108 418 6,659 SH SOLE 4,459 2,200 NORTHEAST UTILITIES COM 664397106 654 20,505 SH SOLE 19,980 525 NORTHROP GRUMMAN CORP COM 666807102 208 3,214 SH SOLE 3,214 NOVARTIS AG SPONS ADR COM 66987v109 820 13,917 SH SOLE 10,152 3,765 NOVO NORDISK COM 670100205 329 2,920 SH SOLE 2,870 50 NSTAR COM 67019E107 902 21,374 SH SOLE 11,650 9,724 OCCIDENTAL PETE CORP COM 674599105 257 2,615 SH SOLE 770 1,845 ORACLE COM 68389X105 1,295 41,380 SH SOLE 23,620 17,760 ORACLE COM 68389X105 119 3,800 SH OTHER 1,200 2,600 PACCAR INC COM 693718108 274 4,780 SH SOLE 4,780 PARKER HANNIFIN CORP COM 701094104 229 2,650 SH SOLE 2,650 PAYCHEX INC COM 704326107 548 17,730 SH SOLE 15,960 1,770 PEPSICO INC COM 713448108 4,047 61,950 SH SOLE 41,338 20,612 PEPSICO INC COM 713448108 72 1,100 SH OTHER 500 600 PFIZER INC COM COM 717081103 2,101 119,973 SH SOLE 119,973 PFIZER INC COM COM 717081103 308 17,600 SH OTHER 17,600 PHYSICAL PALLADIUM SHARES ETF COM 26923A106 232 2,900 SH SOLE 2,900 POWERSHS DB COMMDTY INDX COM 73935S105 304 11,051 SH SOLE 7,121 3,930 PPG INDUSTRIES COM 693506107 252 2,996 SH SOLE 2,996 PPL CORPORATION COM 69351T106 437 16,590 SH SOLE 8,100 8,490 PRAXAIR COM 74005P104 1,180 12,365 SH SOLE 8,805 3,560 PRECISION CASTPARTS CORP. COM 740189105 626 4,500 SH SOLE 4,500 PROCTER & GAMBLE CO COM 742718109 9,335 145,106 SH SOLE 111,525 33,581 PROCTER & GAMBLE CO COM 742718109 383 5,960 SH OTHER 980 4,980 PROSHARES SHORT ETF COM 74347X849 383 8,650 SH SOLE 1,100 7,550 PROSHARES SHORT ETF COM 74347X849 20 450 SH OTHER 450 QUALCOMM INC COM 747525103 637 12,873 SH SOLE 5,198 7,675 QUALCOMM INC COM 747525103 195 3,950 SH OTHER 1,150 2,800 REALTY INCOME CORP COM 756109104 578 16,900 SH SOLE 9,420 7,480 ROYAL BANK OF CANADA COM 780087102 391 7,470 SH SOLE 5,370 2,100 ROYAL DUTCH SHELL ADR COM 780259206 1,734 25,970 SH SOLE 20,345 5,625 SARA LEE CORP COM 803111103 406 23,200 SH SOLE 23,200 SCHLUMBERGER LTD COM 806857108 1,425 17,068 SH SOLE 10,688 6,380 SCHLUMBERGER LTD COM 806857108 121 1,450 SH OTHER 600 850 SHERWIN WILLIAMS CO COM 824348106 3,236 38,635 SH SOLE 31,760 6,875 SIGMA-ALDRICH CORP COM 826552101 2,382 35,780 SH SOLE 22,770 13,010 SMUCKER J M CO COM 832696405 324 4,930 SH SOLE 1,240 3,690 SOUTHERN CO COM 842587107 507 13,258 SH SOLE 8,930 4,328 SOUTHWESTERN ENERGY COM 845467109 131 3,500 SH SOLE 3,500 SOUTHWESTERN ENERGY COM 845467109 962 25,700 SH OTHER 25,700 SPDR DOW JONES IND AVE COM 78467X109 392 3,390 SH SOLE 1,690 1,700 SPDR DOW JONES IND AVE COM 78467X109 54 470 SH OTHER 470 SPDR GOLD TRUST COM 78463V107 1,101 7,940 SH SOLE 1,825 6,115 SPDR GOLD TRUST COM 78463V107 153 1,100 SH OTHER 600 500 STANDARD & POORS DEP REC COM 78462F103 390 3,100 SH SOLE 1,490 1,610 STANDARD & POORS MIDCAP 400 COM 78467Y107 258 1,565 SH SOLE 285 1,280 STAPLES COM 855030102 352 15,438 SH SOLE 13,158 2,280 STRYKER CORP COM 863667101 782 14,571 SH SOLE 5,110 9,461 STRYKER CORP COM 863667101 87 1,620 SH OTHER 500 1,120 SYSCO CORP COM 871829107 390 13,267 SH SOLE 12,806 461 TELEFONICA S A ADR COM 879382208 278 4,058 SH SOLE 4,058 TEVA PHARMACEUTICAL ADR COM 881624209 2,166 41,555 SH SOLE 23,285 18,270 TEVA PHARMACEUTICAL ADR COM 881624209 133 2,550 SH OTHER 1,000 1,550 TEXAS INSTRUMENTS INC. COM 882508104 444 13,655 SH SOLE 6,550 7,105 TJX COMPANIES COM 872540109 258 5,810 SH SOLE 3,100 2,710 TORONTO DOMINION BANK COM 891160509 1,294 17,409 SH SOLE 8,597 8,812 TORONTO DOMINION BANK COM 891160509 178 2,400 SH OTHER 500 1,900 UNION PACIFIC CORP COM 907818108 1,237 13,350 SH SOLE 9,180 4,170 UNION PACIFIC CORP COM 907818108 19 200 SH OTHER 200 UNITED PARCEL SVC INC CL B COM 911312106 281 3,870 SH SOLE 1,300 2,570 UNITED TECHNOLOGIES CORP COM 913017109 5,714 72,592 SH SOLE 47,012 25,580 UNITED TECHNOLOGIES CORP COM 913017109 291 3,700 SH OTHER 500 3,200 US BANCORP COM 902973304 1,266 46,952 SH SOLE 44,042 2,910 VALE SA ADR COM 91912E105 343 9,920 SH SOLE 9,770 150 VANGUARD ALL-WORLD EX COM 922042775 324 6,780 SH SOLE 3,600 3,180 VANGUARD EMERGING MARKETS INDEX COM 922042858 263 5,458 SH SOLE 4,748 710 VERIZON COMMUNICATIONS COM 92343v104 1,079 30,152 SH SOLE 29,852 300 VODAFONE GROUP PLC COM 92857w209 267 10,117 SH SOLE 5,021 5,096 VODAFONE GROUP PLC COM 92857w209 35 1,312 SH OTHER 1,312 WALGREEN CO COM 931422109 421 10,813 SH SOLE 9,813 1,000 WALMART STORES COM 931142103 234 4,345 SH SOLE 4,345 WALT DISNEY COMPANY COM 254687106 1,422 37,923 SH SOLE 33,193 4,730 WALT DISNEY COMPANY COM 254687106 45 1,200 SH OTHER 1,200 WELLS FARGO & CO COM 949746101 554 17,876 SH SOLE 8,516 9,360 WINDSTREAM CORPORATION COM 97381W104 435 31,200 SH SOLE 31,200 ZIMMER HOLDINGS INC COM 98956P102 217 4,050 SH SOLE 3,170 880 ZIX CORPORATION COM 98974P100 66 15,400 SH OTHER 15,400
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