0001398344-11-001160.txt : 20110516
0001398344-11-001160.hdr.sgml : 20110516
20110516152834
ACCESSION NUMBER: 0001398344-11-001160
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110516
DATE AS OF CHANGE: 20110516
EFFECTIVENESS DATE: 20110516
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: 11846289
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
fp0002944_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: March 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 May 13, 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
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-----------
Form 13F Information Table Entry Total: 209
-----------
Form 13F Information Table Value Total: $ 187,846
-----------
(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
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 4,570 48,881 SH SOLE 34,294 14,587
3M CO COM COM 88579y101 17 180 SH OTHER 180
ABBOTT LABS COM COM 002824100 3,158 64,382 SH SOLE 47,700 16,682
ABBOTT LABS COM COM 002824100 250 5,100 SH OTHER 700 4,400
ABERDEEN AISA PACIFIC INC COM 003009107 1,138 164,235 SH SOLE 68,845 95,390
ABERDEEN AISA PACIFIC INC COM 003009107 256 37,000 SH OTHER 3,400 33,600
ACCENTURE PLC CL A SHS CLASS A G1151C101 256 4,650 SH SOLE 3,610 1,040
ADOBE SYSTEMS INC COM 00724f101 418 12,600 SH SOLE 12,600
AFLAC INC COM 001055102 1,867 35,370 SH SOLE 19,020 16,350
AFLAC INC COM 001055102 32 600 SH OTHER 600
AIR PRODUCTS & CHEMS INC COM 009158106 1,808 20,046 SH SOLE 17,346 2,700
AIR PRODUCTS & CHEMS INC COM 009158106 54 600 SH OTHER 600
AMERICAN ELECTRIC POWER COM 025537101 434 12,361 SH SOLE 4,491 7,870
AMERICAN ELECTRIC POWER COM 025537101 81 2,300 SH OTHER 2,300
AMERICAN EXPRESS COM 025816109 403 8,910 SH SOLE 7,860 1,050
ANADARKO PETROLEUM COM 032511107 414 5,050 SH SOLE 2,390 2,660
ANADARKO PETROLEUM COM 032511107 50 614 SH OTHER 614
APACHE CORP COM 037411105 1,878 14,341 SH SOLE 5,996 8,345
APACHE CORP COM 037411105 229 1,750 SH OTHER 450 1,300
APPLE COMPUTER INC COM 037833100 601 1,725 SH SOLE 1,135 590
APPLIED MATERIALS COM 038222105 284 18,200 SH SOLE 18,200
AQUA AMERICA INC COM 03836w103 341 14,916 SH SOLE 14,916
AT&T CORP COM NEW COM 00206R102 3,328 108,731 SH SOLE 86,181 22,550
AUTO DATA PROCESSING COM 053015103 2,413 47,021 SH SOLE 33,216 13,805
AUTO DATA PROCESSING COM 053015103 295 5,750 SH OTHER 5,750
AVERY DENNISON CORP COM 053611109 290 6,920 SH SOLE 6,920
BANK OF AMERICA COM 060505104 257 19,292 SH SOLE 19,292
BARD C R INC COM 067383109 850 8,550 SH SOLE 7,530 1,020
BAXTER INTL INC COM 071813109 47 880 SH SOLE 700 180
BAXTER INTL INC COM 071813109 323 6,000 SH OTHER 6,000
BECTON DICKINSON COM 075887109 2,414 30,320 SH SOLE 21,690 8,630
BECTON DICKINSON COM 075887109 32 400 SH OTHER 400
BERKSHIRE HATHAWAY CL A CL A 084670108 251 200 SH SOLE 200
BERKSHIRE HATHAWAY CL B CL B NEW 084670702 408 4,878 SH SOLE 4,528 350
BHP BILLITON LTD SPONSORED ADR 088606108 907 9,455 SH SOLE 2,045 7,410
BHP BILLITON LTD COM 088606108 24 250 SH OTHER 250
BOEING CO COM 097023105 231 3,130 SH SOLE 1,380 1,750
BOEING CO COM 097023105 447 6,050 SH OTHER 700 5,350
BP PLC SPONS ADR SPONSORED ADR 055622104 498 11,274 SH SOLE 11,274
BP PLC SPONS ADR COM 055622104 58 1,306 SH OTHER 1,206 100
BRISTOL-MYERS SQUIBB COM 110122108 404 15,302 SH SOLE 14,180 1,122
BROWN FORMAN CORP-CL B CL B 115637209 601 8,806 SH SOLE 4,902 3,904
CATERPILLAR INC COM 149123101 2,339 21,010 SH SOLE 17,180 3,830
CATERPILLAR INC COM 149123101 523 4,700 SH OTHER 4,700
CENTRAL FD CDA LTD COM 153501101 221 9,890 SH SOLE 4,040 5,850
CHEVRON CORP COM 166764100 5,828 54,220 SH SOLE 44,488 9,732
CHEVRON CORP COM 166764100 793 7,376 SH OTHER 460 6,916
CHUBB COM 171232101 1,338 21,830 SH SOLE 14,940 6,890
CHURCH & DWIGHT CO INC COM 171340102 262 3,300 SH SOLE 1,750 1,550
CISCO SYSTEMS INC COM 17275r102 370 21,600 SH SOLE 21,500 100
CISCO SYSTEMS INC COM 17275r102 6 328 SH OTHER 328
CLIFFS NATURAL RESOURCES COM 18683K101 873 8,880 SH SOLE 7,260 1,620
CLIFFS NATURAL RESOURCES COM 18683K101 13 130 SH OTHER 130
CLOROX CO COM 189054109 785 11,205 SH SOLE 11,130 75
COCA COLA CO COM 191216100 831 12,525 SH SOLE 7,510 5,015
COLGATE PALMOLIVE CO COM 194162103 220 2,725 SH SOLE 2,475 250
CONOCOPHILLIPS COM 20825c104 3,049 38,176 SH SOLE 32,906 5,270
CSX CORPORATION COM 126408103 2,406 30,610 SH SOLE 21,070 9,540
CSX CORPORATION COM 126408103 347 4,420 SH OTHER 770 3,650
CVS CAREMARK CORP COM 126650100 1,438 41,898 SH SOLE 25,680 16,218
CVS CAREMARK CORP COM 126650100 125 3,640 SH OTHER 1,400 2,240
DANAHER CORP COM 235851102 698 13,450 SH SOLE 12,490 960
DEERE & CO COM 244199105 1,703 17,580 SH SOLE 15,760 1,820
DEVON ENERGY COM 25179M103 297 3,238 SH SOLE 2,218 1,020
DOVER CORP COM 260003108 207 3,150 SH SOLE 3,150
DOW CHEMICAL COMPANY COM 260543103 306 8,100 SH SOLE 7,902 198
DU PONT E I DE NEMOURS COM 263534109 1,870 34,016 SH SOLE 33,816 200
DU PONT E I DE NEMOURS COM 263534109 363 6,600 SH OTHER 6,600
ECOLAB INC COM 278865100 1,101 21,575 SH SOLE 13,335 8,240
EL PASO CORPORATION COM 28336L109 292 16,200 SH SOLE 16,200
EMERSON ELECTRIC CO COM 291011104 2,375 40,650 SH SOLE 27,310 13,340
EMERSON ELECTRIC CO COM 291011104 64 1,100 SH OTHER 1,100
EQT CORPORATION COM 26884L109 1,297 26,000 SH SOLE 26,000
EQUIFAX INC COM 294429105 443 11,400 SH SOLE 11,400
EXELON COM 30161n101 221 5,350 SH SOLE 4,450 900
EXXON MOBIL CORP COM 30231G102 11,604 137,935 SH SOLE 100,363 37,572
EXXON MOBIL CORP COM 30231G102 1,682 19,994 SH OTHER 4,294 15,700
FACTSET RESEARCH COM 303075105 538 5,140 SH SOLE 3,180 1,960
FACTSET RESEARCH COM 303075105 99 950 SH OTHER 950
FASTENAL COM 311900104 566 8,726 SH SOLE 7,286 1,440
FORTUNE BRANDS INC COM 349631101 216 3,490 SH SOLE 3,490
FREEPORT MCMORAN COPPER COM 35671D857 246 4,430 SH SOLE 4,170 260
GENERAL DYNAMICS CORP COM 369550108 1,001 13,080 SH SOLE 8,370 4,710
GENERAL DYNAMICS CORP COM 369550108 46 600 SH OTHER 600
GENERAL ELECTRIC CO COM 369604103 2,057 102,579 SH SOLE 96,454 6,125
GENERAL ELECTRIC CO COM 369604103 397 19,800 SH OTHER 7,000 12,800
GLAXOSMITHKLINE PLC ADR SPONSORED ADR 37733w105 243 6,325 SH SOLE 6,325
GREEN MOUNTAIN COFFEE
ROASTERS COM 393122106 233 3,600 SH SOLE 3,600
HASBRO INC COM 418056107 1,247 26,630 SH SOLE 5,490 21,140
HASBRO INC COM 418056107 47 1,000 SH OTHER 1,000
HEINZ H J CO COM 423074103 600 12,300 SH SOLE 12,300
HELMERICH & PAYNE INC COM 423452101 206 3,000 SH SOLE 3,000
HEWLETT-PACKARD CO COM 428236103 608 14,830 SH SOLE 10,670 4,160
HONEYWELL INTL INC COM 438516106 234 3,915 SH SOLE 1,540 2,375
ILLINOIS TOOL WORKS INC COM 452308109 572 10,652 SH SOLE 8,792 1,860
INTEL CORP COM COM 458140100 2,979 147,615 SH SOLE 117,420 30,195
INTEL CORP COM COM 458140100 45 2,250 SH OTHER 2,250
INTL BUSINESS MACHS COM 459200101 7,647 46,893 SH SOLE 34,487 12,406
INTL BUSINESS MACHS COM 459200101 631 3,870 SH OTHER 990 2,880
ISHARES LEHMAN TIPS BOND
FUND BARCLYS TIPS BD 464287176 210 1,927 SH SOLE 1,319 608
ISHARES S&P LATIN
AMERICA 40 INDEX FUND S&P LTN AM 40 464287390 566 10,525 SH SOLE 1,900 8,625
ISHARES S&P LATIN
AMERICA 40 INDEX FUND S&P LTN AM 40 464287390 22 400 SH OTHER 400
JOHNSON & JOHNSON COM 478160104 4,880 82,370 SH SOLE 57,399 24,971
JOHNSON & JOHNSON COM 478160104 360 6,068 SH OTHER 2,128 3,940
JOHNSON CONTROLS INC COM 478366107 651 15,658 SH SOLE 9,688 5,970
JOHNSON CONTROLS INC COM 478366107 12 300 SH OTHER 300
JOY GLOBAL INC COM 481165108 379 3,840 SH SOLE 500 3,340
JOY GLOBAL INC COM 481165108 36 360 SH OTHER 130 230
JPMORGAN CHASE & CO COM 46625h100 1,728 37,476 SH SOLE 33,766 3,710
JPMORGAN CHASE & CO COM 46625h100 30 650 SH OTHER 520 130
KIMBERLY CLARK CORP COM 494368103 411 6,300 SH SOLE 5,175 1,125
LINEAR TECHNOLOGY COM 535678106 243 7,240 SH SOLE 6,140 1,100
MCCORMICK & CO INC COM NON VTG 579780206 799 16,700 SH SOLE 16,700
MCDONALDS CORP COM 580135101 2,647 34,790 SH SOLE 19,470 15,320
MCDONALDS CORP COM 580135101 479 6,290 SH OTHER 1,090 5,200
MDU RESOURCES GROUP COM 552690109 38 1,650 SH SOLE 1,650
MDU RESOURCES GROUP COM 552690109 262 11,389 SH OTHER 11,389
MEDTRONIC INC COM 585055106 288 7,310 SH SOLE 2,420 4,890
MEDTRONIC INC COM 585055106 16 400 SH OTHER 400
MERCK & CO INC COM 58933Y105 819 24,825 SH SOLE 17,626 7,199
MERCK & CO INC COM 58933Y105 267 8,100 SH OTHER 1,800 6,300
MICROSOFT CORP COM 594918104 2,262 89,109 SH SOLE 52,830 36,279
MICROSOFT CORP COM 594918104 336 13,250 SH OTHER 2,250 11,000
MONSANTO CO NEW COM 61166W101 658 9,108 SH SOLE 9,108
NATIONAL PRESTO
INDUSTRIES COM 637215104 1,180 10,470 SH SOLE 7,700 2,770
NATIONAL PRESTO
INDUSTRIES COM 637215104 101 900 SH OTHER 900
NEXTERA ENERGY INC COM 65339F101 2,746 49,821 SH SOLE 25,855 23,966
NEXTERA ENERGY INC COM 65339F101 369 6,700 SH OTHER 2,400 4,300
NIKE INC CLASS B CL B 654106103 2,751 36,335 SH SOLE 16,780 19,555
NIKE INC CLASS B COM 654106103 134 1,770 SH OTHER 580 1,190
NOBLE CORP NAMEN -AKT H5833N103 759 16,645 SH SOLE 11,025 5,620
NOBLE CORP COM H5833N103 23 500 SH OTHER 500
NOBLE ENERGY COM 655044105 271 2,800 SH SOLE 2,800
NOKIA CORP-SPONS ADR SPONSORED ADR 654902204 274 32,200 SH SOLE 32,200
NORFOLK SOUTHERN CORP COM 655844108 402 5,804 SH SOLE 3,604 2,200
NORTHEAST UTILITIES COM 664397106 731 21,125 SH SOLE 20,600 525
NORTHROP GRUMMAN CORP COM 666807102 202 3,214 SH SOLE 3,214
NOVARTIS AG SPONS ADR SPONSORED ADR 66987v109 742 13,647 SH SOLE 10,152 3,495
NOVO NORDISK ADR 670100205 369 2,950 SH SOLE 2,900 50
NSTAR COM 67019E107 1,029 22,244 SH SOLE 11,900 10,344
OCCIDENTAL PETE CORP COM 674599105 281 2,685 SH SOLE 770 1,915
ORACLE COM 68389X105 1,516 45,350 SH SOLE 26,940 18,410
ORACLE COM 68389X105 140 4,180 SH OTHER 1,580 2,600
PACCAR INC COM 693718108 250 4,780 SH SOLE 4,780
PARKER HANNIFIN CORP COM 701094104 251 2,650 SH SOLE 2,650
PAYCHEX INC COM 704326107 492 15,690 SH SOLE 13,920 1,770
PEPSICO INC COM 713448108 3,791 58,850 SH SOLE 41,408 17,442
PEPSICO INC COM 713448108 71 1,100 SH OTHER 500 600
PFIZER INC COM COM 717081103 2,437 119,998 SH SOLE 119,998
PFIZER INC COM COM 717081103 357 17,600 SH OTHER 17,600
PHYSICAL PALLADIUM
SHARES ETF SH BEN INT 26923A106 220 2,900 SH SOLE 2,900
POWERSHS DB COMMDTY INDX UNIT BEN INT 73935S105 337 11,051 SH SOLE 7,121 3,930
PPG INDUSTRIES COM 693506107 285 2,996 SH SOLE 2,996
PRAXAIR COM 74005P104 1,199 11,805 SH SOLE 9,105 2,700
PRECISION CASTPARTS CORP. COM 740189105 662 4,500 SH SOLE 4,500
PROCTER & GAMBLE CO COM 742718109 8,345 135,463 SH SOLE 108,312 27,151
PROCTER & GAMBLE CO COM 742718109 367 5,960 SH OTHER 980 4,980
PROSHARES SHORT ETF SHRT 20+YR TRE 74347X849 412 9,300 SH SOLE 1,100 8,200
PROSHARES SHORT ETF SHRT 20+YR TRE 74347X849 20 450 SH OTHER 450
QUALCOMM INC COM 747525103 689 12,573 SH SOLE 5,198 7,375
QUALCOMM INC COM 747525103 217 3,950 SH OTHER 1,150 2,800
REALTY INCOME CORP COM 756109104 730 20,890 SH SOLE 13,180 7,710
ROYAL BANK OF CANADA COM 780087102 463 7,470 SH SOLE 5,370 2,100
ROYAL DUTCH SHELL ADR SPON ADR A 780259206 1,921 26,370 SH SOLE 20,795 5,575
SARA LEE CORP COM 803111103 396 22,400 SH SOLE 22,400
SCHLUMBERGER LTD COM 806857108 1,526 16,360 SH SOLE 10,030 6,330
SCHLUMBERGER LTD COM 806857108 135 1,450 SH OTHER 600 850
SHERWIN WILLIAMS CO COM 824348106 2,912 34,665 SH SOLE 30,930 3,735
SIGMA-ALDRICH CORP COM 826552101 2,214 34,790 SH SOLE 23,450 11,340
SMUCKER J M CO COM NEW 832696405 391 5,480 SH SOLE 1,910 3,570
SOUTHERN CO COM 842587107 482 12,658 SH SOLE 8,330 4,328
SOUTHWESTERN ENERGY COM 845467109 107 2,500 SH SOLE 2,500
SOUTHWESTERN ENERGY COM 845467109 1,104 25,700 SH OTHER 25,700
SPDR DOW JONES IND AVE UT SER 1 78467X109 300 2,440 SH SOLE 1,190 1,250
SPDR DOW JONES IND AVE COM 78467X109 25 200 SH OTHER 200
SPDR GOLD TRUST GOLD SHS 78463V107 983 7,030 SH SOLE 1,855 5,175
ST JUDE MEDICAL INC COM 790849103 205 4,000 SH SOLE 4,000
STANDARD & POORS DEP REC TR UNIT 78462F103 296 2,230 SH SOLE 1,170 1,060
STANDARD & POORS MIDCAP
400 UTSER1 S&PDCRP 78467Y107 281 1,565 SH SOLE 285 1,280
STAPLES COM 855030102 288 14,808 SH SOLE 12,828 1,980
STRYKER CORP COM 863667101 758 12,461 SH SOLE 5,110 7,351
STRYKER CORP COM 863667101 98 1,620 SH OTHER 500 1,120
SYSCO CORP COM 871829107 334 12,067 SH SOLE 11,606 461
TELEFONICA S A ADR COM 879382208 307 12,174 SH SOLE 12,174
TEVA PHARMACEUTICAL ADR COM 881624209 2,007 39,995 SH SOLE 22,105 17,890
TEVA PHARMACEUTICAL ADR COM 881624209 135 2,700 SH OTHER 1,000 1,700
TEXAS INSTRUMENTS INC. COM 882508104 469 13,575 SH SOLE 6,470 7,105
TJX COMPANIES COM 872540109 289 5,810 SH SOLE 3,100 2,710
TORONTO DOMINION BANK COM NEW 891160509 1,656 18,689 SH SOLE 9,647 9,042
TORONTO DOMINION BANK COM 891160509 237 2,680 SH OTHER 780 1,900
UNION PACIFIC CORP COM 907818108 1,301 13,230 SH SOLE 9,080 4,150
UNION PACIFIC CORP COM 907818108 20 200 SH OTHER 200
UNITED PARCEL SVC INC CL
B CL B 911312106 288 3,870 SH SOLE 1,300 2,570
UNITED TECHNOLOGIES CORP COM 913017109 5,864 69,272 SH SOLE 47,442 21,830
UNITED TECHNOLOGIES CORP COM 913017109 301 3,550 SH OTHER 500 3,050
US BANCORP COM NEW 902973304 916 34,662 SH SOLE 31,832 2,830
UTAH MEDICAL PRODUCTS COM 917488108 214 7,400 SH SOLE 7,400
VALE SA ADR ADR 91912E105 340 10,200 SH SOLE 9,770 430
VANGUARD ALL-WORLD EX ALLWRLD EX US 922042775 336 6,820 SH SOLE 3,600 3,220
VANGUARD EMERGING
MARKETS INDEX MSCI EMR MKT ETF 922042858 243 4,958 SH SOLE 4,248 710
VERIZON COMMUNICATIONS COM 92343v104 1,211 31,428 SH SOLE 30,828 600
VODAFONE GROUP PLC SPONS ADR NEW 92857w209 291 10,117 SH SOLE 5,021 5,096
VODAFONE GROUP PLC COM 92857w209 38 1,312 SH OTHER 1,312
WALGREEN CO COM 931422109 434 10,813 SH SOLE 9,813 1,000
WALT DISNEY COMPANY COM DISNEY 254687106 1,562 36,243 SH SOLE 31,513 4,730
WALT DISNEY COMPANY COM 254687106 52 1,200 SH OTHER 1,200
WELLS FARGO & CO COM 949746101 558 17,596 SH SOLE 8,516 9,080
WINDSTREAM CORPORATION COM 97381W104 402 31,200 SH SOLE 31,200
ZIMMER HOLDINGS INC COM 98956P102 237 3,920 SH SOLE 3,120 800