0001398344-11-002611.txt : 20111114
0001398344-11-002611.hdr.sgml : 20111111
20111114081022
ACCESSION NUMBER: 0001398344-11-002611
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111114
DATE AS OF CHANGE: 20111114
EFFECTIVENESS DATE: 20111114
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: 111197871
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
fp0003745_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: September 30, 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 November 11, 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: 191
-----------
Form 13F Information Table Value Total: $ 164,733
-----------
(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 3,457 48,151 SH SOLE 34,789 13,362
3M CO COM COM 88579y101 45 630 SH OTHER 450 180
ABBOTT LABS COM COM 002824100 3,574 69,887 SH SOLE 52,365 17,522
ABBOTT LABS COM COM 002824100 210 4,100 SH OTHER 700 3,400
ABERDEEN AISA PACIFIC INC COM 003009107 1,801 261,340 SH SOLE 162,460 98,880
ABERDEEN AISA PACIFIC INC COM 003009107 255 37,000 SH OTHER 3,400 33,600
ACCENTURE PLC CL A SHS CLASS A G1151C101 577 10,945 SH SOLE 7,370 3,575
ADOBE SYSTEMS INC COM 00724f101 305 12,600 SH SOLE 12,600
AFLAC INC COM 001055102 811 23,210 SH SOLE 12,780 10,430
AFLAC INC COM 001055102 21 600 SH OTHER 600
AIR PRODUCTS & CHEMS INC COM 009158106 1,628 21,316 SH SOLE 17,916 3,400
AIR PRODUCTS & CHEMS INC COM 009158106 34 450 SH SOLE 450
AMERICAN ELECTRIC POWER COM 025537101 550 14,461 SH SOLE 4,491 9,970
AMERICAN EXPRESS COM 025816109 400 8,910 SH SOLE 7,860 1,050
AMPHENOL CL A 032095101 221 5,420 SH SOLE 3,890 1,530
AMPHENOL CL A 032095101 9 220 SH OTHER 220
ANADARKO PETROLEUM COM 032511107 318 5,050 SH SOLE 2,390 2,660
ANADARKO PETROLEUM COM 032511107 39 614 SH OTHER 614
APACHE CORP COM 037411105 1,253 15,611 SH SOLE 6,516 9,095
APACHE CORP COM 037411105 76 950 SH OTHER 450 500
APPLE COMPUTER INC COM 037833100 696 1,825 SH SOLE 1,235 590
APPLIED MATERIALS COM 038222105 174 16,800 SH SOLE 16,800
AQUA AMERICA INC COM 03836w103 322 14,916 SH SOLE 14,916
AT&T CORP COM NEW COM 00206R102 3,507 122,977 SH SOLE 100,101 22,876
AT&T CORP COM NEW COM 00206R102 29 1,000 SH OTHER 1,000
AUTO DATA PROCESSING COM 053015103 2,497 52,951 SH SOLE 38,336 14,615
AUTO DATA PROCESSING COM 053015103 229 4,850 SH OTHER 4,850
BAKER HUGHES INC COM 057224107 241 5,220 SH SOLE 4,080 1,140
BANK OF AMERICA COM 060505104 112 18,292 SH SOLE 18,292
BARD C R INC COM 067383109 740 8,450 SH SOLE 7,430 1,020
BAXTER INTL INC COM 071813109 49 880 SH SOLE 700 180
BAXTER INTL INC COM 071813109 337 6,000 SH OTHER 6,000
BECTON DICKINSON COM 075887109 2,212 30,175 SH SOLE 21,825 8,350
BECTON DICKINSON COM 075887109 40 550 SH OTHER 550
BERKSHIRE HATHAWAY CL A CL A 084670108 214 200 SH SOLE 200
BERKSHIRE HATHAWAY CL B CL B NEW 084670702 343 4,828 SH SOLE 4,528 300
BHP BILLITON LTD SPONSORED ADR 088606108 738 11,110 SH SOLE 2,870 8,240
BHP BILLITON LTD SPONSORED ADR 088606108 43 650 SH OTHER 400 250
BOEING CO COM 097023105 330 5,450 SH SOLE 2,400 3,050
BOEING CO COM 097023105 324 5,350 SH OTHER 700 4,650
BP PLC SPONS ADR SPONSORED ADR 055622104 444 12,309 SH SOLE 12,309
BP PLC SPONS ADR SPONSORED ADR 055622104 47 1,306 SH OTHER 1,206 100
BRISTOL-MYERS SQUIBB COM 110122108 466 14,862 SH SOLE 13,880 982
BROWN FORMAN CORP-CL B CL B 115637209 622 8,869 SH SOLE 4,965 3,904
CATERPILLAR INC COM 149123101 1,494 20,230 SH SOLE 15,700 4,530
CATERPILLAR INC COM 149123101 340 4,600 SH OTHER 400 4,200
CENTRAL FD CDA LTD COM 153501101 249 12,050 SH SOLE 4,800 7,250
CHEVRON CORP COM 166764100 5,258 56,784 SH SOLE 46,196 10,588
CHEVRON CORP COM 166764100 626 6,760 SH OTHER 460 6,300
CHUBB COM 171232101 1,610 26,835 SH SOLE 18,675 8,160
CHURCH & DWIGHT CO INC COM 171340102 449 10,161 SH SOLE 6,940 3,221
CISCO SYSTEMS INC COM 17275r102 335 21,600 SH SOLE 21,500 100
CISCO SYSTEMS INC COM 17275r102 5 328 SH OTHER 328
CLIFFS NATURAL RESOURCES COM 18683K101 767 14,985 SH SOLE 11,825 3,160
CLIFFS NATURAL RESOURCES COM 18683K101 13 260 SH OTHER 260
CLOROX CO COM 189054109 722 10,885 SH SOLE 10,810 75
COCA COLA CO COM 191216100 916 13,565 SH SOLE 8,540 5,025
COLGATE PALMOLIVE CO COM 194162103 261 2,945 SH SOLE 2,635 310
CONOCOPHILLIPS COM 20825c104 2,447 38,646 SH SOLE 33,336 5,310
CSX CORPORATION COM 126408103 2,000 107,145 SH SOLE 71,565 35,580
CSX CORPORATION COM 126408103 164 8,760 SH OTHER 2,310 6,450
CVS CAREMARK CORP COM 126650100 1,456 43,348 SH SOLE 26,820 16,528
CVS CAREMARK CORP COM 126650100 75 2,240 SH OTHER 1,400 840
DANAHER CORP COM 235851102 606 14,440 SH SOLE 13,340 1,100
DEERE & CO COM 244199105 911 14,110 SH SOLE 12,330 1,780
DU PONT E I DE NEMOURS COM 263534109 1,364 34,136 SH SOLE 33,936 200
DU PONT E I DE NEMOURS COM 263534109 264 6,600 SH OTHER 6,600
ECOLAB INC COM 278865100 1,128 23,075 SH SOLE 14,305 8,770
EMERSON ELECTRIC CO COM 291011104 1,856 44,920 SH SOLE 30,760 14,160
EMERSON ELECTRIC CO COM 291011104 29 700 SH OTHER 700
EQT CORPORATION COM 26884L109 1,361 25,500 SH SOLE 25,500
EQUIFAX INC COM 294429105 350 11,400 SH SOLE 11,400
EXELON COM 30161n101 241 5,650 SH SOLE 4,750 900
EXXON MOBIL CORP COM 30231G102 9,825 135,272 SH SOLE 98,110 37,162
EXXON MOBIL CORP COM 30231G102 1,205 16,594 SH OTHER 4,294 12,300
FACTSET RESEARCH COM 303075105 504 5,670 SH SOLE 3,260 2,410
FACTSET RESEARCH COM 303075105 44 500 SH OTHER 500
FASTENAL COM 311900104 633 19,032 SH SOLE 16,152 2,880
FIRST BANCORP, INC. ME. COM 31866P102 412 32,736 SH SOLE 32,736
GENERAL DYNAMICS CORP COM 369550108 646 11,350 SH SOLE 7,520 3,830
GENERAL ELECTRIC CO COM 369604103 1,378 90,517 SH SOLE 84,392 6,125
GENERAL ELECTRIC CO COM 369604103 301 19,800 SH OTHER 7,000 12,800
GENERAL MILLS COM 370334104 249 6,466 SH SOLE 6,466
GLAXOSMITHKLINE PLC ADR SPONSORED ADR 37733w105 257 6,225 SH SOLE 6,225
HASBRO INC COM 418056107 808 24,780 SH SOLE 5,590 19,190
HASBRO INC COM 418056107 33 1,000 SH OTHER 1,000
HEINZ H J CO COM 423074103 621 12,300 SH SOLE 12,300
ILLINOIS TOOL WORKS INC COM 452308109 465 11,172 SH SOLE 9,412 1,760
INTEL CORP COM COM 458140100 3,110 145,770 SH SOLE 114,365 31,405
INTL BUSINESS MACHS COM 459200101 8,523 48,737 SH SOLE 35,811 12,926
INTL BUSINESS MACHS COM 459200101 554 3,170 SH OTHER 990 2,180
ISHARES S&P LATIN AMERICA 40
INDEX FUND S&P LTN AM 40 464287390 355 9,125 SH SOLE 2,100 7,025
ISHARES S&P LATIN AMERICA 40
INDEX FUND S&P LTN AM 40 464287390 16 400 SH OTHER 400
JOHNSON & JOHNSON COM 478160104 5,207 81,749 SH SOLE 58,023 23,726
JOHNSON & JOHNSON COM 478160104 380 5,968 SH OTHER 2,128 3,840
JOHNSON CONTROLS INC COM 478366107 387 14,668 SH SOLE 8,528 6,140
JOHNSON CONTROLS INC COM 478366107 8 300 SH OTHER 300
JOY GLOBAL INC COM 481165108 243 3,900 SH SOLE 550 3,350
JOY GLOBAL INC COM 481165108 22 360 SH OTHER 130 230
JPMORGAN CHASE & CO COM 46625h100 1,125 37,352 SH SOLE 33,122 4,230
JPMORGAN CHASE & CO COM 46625h100 20 650 SH OTHER 520 130
KIMBERLY CLARK CORP COM 494368103 423 5,960 SH SOLE 5,105 855
MCCORMICK & CO INC COM NON VTG 579780206 817 17,700 SH SOLE 17,700
MCDONALDS CORP COM 580135101 3,325 37,858 SH SOLE 22,338 15,520
MCDONALDS CORP COM 580135101 456 5,190 SH OTHER 1,090 4,100
MDU RESOURCES GROUP COM 552690109 32 1,650 SH SOLE 1,650
MDU RESOURCES GROUP COM 552690109 219 11,389 SH OTHER 11,389
MEDTRONIC INC COM 585055106 212 6,380 SH SOLE 1,740 4,640
MEDTRONIC INC COM 585055106 13 400 SH OTHER 400
MERCK & CO INC COM 58933Y105 803 24,558 SH SOLE 17,459 7,099
MERCK & CO INC COM 58933Y105 265 8,100 SH OTHER 1,800 6,300
MICROSOFT CORP COM 594918104 1,824 73,299 SH SOLE 44,390 28,909
MICROSOFT CORP COM 594918104 305 12,250 SH OTHER 1,250 11,000
MONSANTO CO NEW COM 61166W101 520 8,658 SH SOLE 8,658
NATIONAL PRESTO INDUSTRIES COM 637215104 1,218 14,010 SH SOLE 10,340 3,670
NATIONAL PRESTO INDUSTRIES COM 637215104 61 700 SH OTHER 700
NEXTERA ENERGY INC COM 65339F101 2,869 53,101 SH SOLE 27,125 25,976
NEXTERA ENERGY INC COM 65339F101 254 4,700 SH OTHER 2,400 2,300
NIKE INC CLASS B CL B 654106103 3,055 35,730 SH SOLE 17,295 18,435
NIKE INC CLASS B CL B 654106103 113 1,320 SH OTHER 580 740
NOBLE CORP NAMEN -AKT H5833N103 432 14,710 SH SOLE 10,370 4,340
NOBLE CORP NAMEN -AKT H5833N103 15 500 SH OTHER 500
NOKIA CORP-SPONS ADR SPONSORED ADR 654902204 181 32,000 SH SOLE 32,000
NORFOLK SOUTHERN CORP COM 655844108 456 7,474 SH SOLE 5,184 2,290
NORTHEAST UTILITIES COM 664397106 706 20,995 SH SOLE 20,470 525
NOVARTIS AG SPONS ADR SPONSORED ADR 66987v109 762 13,667 SH SOLE 10,302 3,365
NOVARTIS AG SPONS ADR SPONSORED ADR 66987v109 11 200 SH OTHER 200
NOVO NORDISK ADR 670100205 304 3,050 SH SOLE 3,000 50
NSTAR COM 67019E107 1,005 22,424 SH SOLE 12,080 10,344
ORACLE COM 68389X105 1,613 56,138 SH SOLE 32,388 23,750
ORACLE COM 68389X105 91 3,150 SH OTHER 1,950 1,200
PAYCHEX INC COM 704326107 284 10,780 SH SOLE 9,010 1,770
PEPSICO INC COM 713448108 3,600 58,165 SH SOLE 41,663 16,502
PEPSICO INC COM 713448108 68 1,100 SH OTHER 500 600
PFIZER INC COM COM 717081103 1,954 110,548 SH SOLE 110,548
PFIZER INC COM COM 717081103 311 17,600 SH OTHER 17,600
POWERSHS DB COMMDTY INDX UNIT BEN INT 73935S105 284 11,031 SH SOLE 7,101 3,930
PPG INDUSTRIES COM 693506107 212 2,996 SH SOLE 2,996
PRAXAIR COM 74005P104 1,325 14,170 SH SOLE 11,460 2,710
PRECISION CASTPARTS CORP. COM 740189105 622 4,000 SH SOLE 4,000
PROCTER & GAMBLE CO COM 742718109 8,681 137,403 SH SOLE 110,005 27,398
PROCTER & GAMBLE CO COM 742718109 313 4,960 SH OTHER 980 3,980
PROSHARES SHORT 20+ TREASURY COM 74347X849 377 11,730 SH SOLE 2,910 8,820
PROSHARES SHORT 20+ TREASURY COM 74347X849 47 1,450 SH OTHER 500 950
QUALCOMM INC COM 747525103 627 12,893 SH SOLE 5,558 7,335
QUALCOMM INC COM 747525103 202 4,150 SH OTHER 1,350 2,800
ROYAL BANK OF CANADA COM 780087102 283 6,180 SH SOLE 5,530 650
ROYAL DUTCH SHELL ADR SPON ADR A 780259206 1,673 27,195 SH SOLE 21,620 5,575
SARA LEE CORP COM 803111103 366 22,400 SH SOLE 22,400
SCHLUMBERGER LTD COM 806857108 974 16,310 SH SOLE 10,830 5,480
SCHLUMBERGER LTD COM 806857108 87 1,450 SH OTHER 600 850
SHERWIN WILLIAMS CO COM 824348106 2,465 33,165 SH SOLE 29,430 3,735
SIGMA-ALDRICH CORP COM 826552101 2,052 33,210 SH SOLE 22,430 10,780
SMUCKER J M CO COM NEW 832696405 731 10,029 SH SOLE 5,139 4,890
SMUCKER J M CO COM NEW 832696405 25 340 SH OTHER 340
SOUTHERN CO COM 842587107 502 11,858 SH SOLE 8,330 3,528
SOUTHWESTERN ENERGY COM 845467109 83 2,500 SH SOLE 2,500
SOUTHWESTERN ENERGY COM 845467109 857 25,700 SH OTHER 25,700
SPDR DOW JONES IND AVE UT SER 1 78467X109 356 3,270 SH SOLE 2,590 680
SPDR DOW JONES IND AVE UT SER 1 78467X109 33 300 SH OTHER 300
SPDR GOLD TRUST GOLD SHS 78463V107 986 6,240 SH SOLE 1,375 4,865
STANDARD & POORS DEP REC TR UNIT 78462F103 286 2,527 SH SOLE 1,447 1,080
STANDARD & POORS MIDCAP 400 UTSER1 S&PDCRP 78467Y107 275 1,938 SH SOLE 588 1,350
STRYKER CORP COM 863667101 593 12,591 SH SOLE 5,320 7,271
STRYKER CORP COM 863667101 25 520 SH OTHER 520
SYSCO CORP COM 871829107 309 11,921 SH SOLE 11,460 461
TELEFONICA S A ADR COM 879382208 233 12,174 SH SOLE 12,174
TEVA PHARMACEUTICAL ADR COM 881624209 1,073 28,840 SH SOLE 13,740 15,100
TEVA PHARMACEUTICAL ADR COM 881624209 48 1,300 SH OTHER 600 700
TEXAS INSTRUMENTS INC. COM 882508104 397 14,895 SH SOLE 8,040 6,855
TJX COMPANIES COM 872540109 472 8,510 SH SOLE 4,950 3,560
TORONTO DOMINION BANK COM NEW 891160509 1,650 23,259 SH SOLE 13,567 9,692
TORONTO DOMINION BANK COM NEW 891160509 155 2,180 SH OTHER 780 1,400
UNION PACIFIC CORP COM 907818108 1,085 13,280 SH SOLE 9,200 4,080
UNION PACIFIC CORP COM 907818108 16 200 SH OTHER 200
UNITED PARCEL SVC INC CL B CL B 911312106 245 3,880 SH SOLE 1,400 2,480
UNITED TECHNOLOGIES CORP COM 913017109 4,915 69,855 SH SOLE 48,805 21,050
UNITED TECHNOLOGIES CORP COM 913017109 267 3,800 SH OTHER 800 3,000
US BANCORP COM NEW 902973304 715 30,362 SH SOLE 29,722 640
VALE SA ADR ADR 91912E105 228 9,980 SH SOLE 9,550 430
VERIZON COMMUNICATIONS COM 92343v104 1,193 32,428 SH SOLE 31,828 600
VODAFONE GROUP PLC SPONS ADR NEW 92857w209 260 10,117 SH SOLE 5,021 5,096
VODAFONE GROUP PLC SPONS ADR NEW 92857w209 34 1,312 SH OTHER 1,312
WALGREEN CO COM 931422109 320 9,723 SH SOLE 9,283 440
WALT DISNEY COMPANY COM DISNEY 254687106 1,075 35,643 SH SOLE 30,913 4,730
WALT DISNEY COMPANY COM DISNEY 254687106 36 1,200 SH OTHER 1,200
WELLS FARGO & CO COM 949746101 339 14,048 SH SOLE 6,068 7,980
WINDSTREAM CORPORATION COM 97381W104 282 24,200 SH SOLE 24,200
WISCONSIN ENERGY CP COM 976657106 242 7,720 SH SOLE 6,960 760
ZIMMER HOLDINGS INC COM 98956P102 221 4,131 SH SOLE 3,331 800
ZIX CORPORATION COM 98974P100 41 15,400 SH OTHER 15,400