13F-HR 1 jun0213f.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: June 30, 2002" 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: Flippin, Bruce & Porter, Inc." Address: 800 Main Street 2nd Floor "Lynchburg, VA 24504" 13F File Number: 28-1905 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: R. Gregory Porter, III" Title: Principal Phone: (804) 845-4900 "Signature, Place, and Date of Signing:" "R. Gregory Porter, III Lynchburg, Virginia August 5, 2002" Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 133 Form 13F Information Table Value Total: 2191196 List of Other Included Managers: No. 13F File Number Name 01 TRUST COMPANY OF KNOXVILLE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE 3M CO COM 88579y101 320 2600 SH Sole 2600 ABBOTT LABS COM 002824100 778 20668 SH Sole 14868 5800 AGILENT TECHNOLOGIES COM 00846U101 32492 1373882 SH Sole 1228582 145300 59 2500 SH Defined 1 2500 AMERICAN EXPRESS COM 025816109 38230 1052576 SH Sole 952176 100400 87 2400 SH Defined 1 2400 AMERICAN INTL GROUP COM 026874107 2279 33405 SH Sole 32805 600 AMGEN INC COM 031162100 2319 55367 SH Sole 52267 3100 APPLEBEES INTL INC COM 037899101 22872 996597 SH Sole 932135 64462 52 2250 SH Defined 1 2250 ARCHER DANIELS MIDLAND COM 039483102 38083 2977584 SH Sole 2592468 385116 90 7000 SH Defined 1 7000 BANK OF AMERICA COM 060505104 92948 1321037 SH Sole 1168237 152800 211 3000 SH Defined 1 3000 BANK ONE CORP COM 06423A103 52062 1352970 SH Sole 1203064 149906 154 4000 SH Defined 1 4000 BB&T CORP COM 054937107 1359 35212 SH Sole 35212 BELLSOUTH CORP COM 079860102 330 10473 SH Sole 8621 1852 BOSTON SCIENTIFIC CORP COM 101137107 223 7600 SH Sole 7600 BP PLC SPONSORED ADR COM 055622104 487 9636 SH Sole 9636 BRISTOL-MYERS SQUIBB COM 110122108 34276 1333688 SH Sole 1187538 146150 85 3300 SH Defined 1 3300 CENDANT CORP COM 151313103 74641 4700339 SH Sole 4172689 527650 175 11000 SH Defined 1 11000 CHEVRONTEXACO CORP COM 166764100 218 2466 SH Sole 2466 CHUBB CORP COM 171232101 1246 17600 SH Sole 14600 3000 CIRCUIT CITY GROUP COM 172737108 35923 1915911 SH Sole 1669811 246100 112 6000 SH Defined 1 6000 CITIGROUP INC COM 172967101 54096 1396020 SH Sole 1252486 143534 103 2667 SH Defined 1 2667 COCA COLA CO COM 191216100 1133 20234 SH Sole 18834 1400 CORNING INC COM 219350105 11586 3263524 SH Sole 2967624 295900 23 6500 SH Defined 1 6500 DANA CORP COM 235811106 21136 1140645 SH Sole 1023045 117600 63 3400 SH Defined 1 3400 DILLARDS INC CL A COM 254067101 88011 3347695 SH Sole 2958695 389000 250 9500 SH Defined 1 9500 DONNELLEY R R & SONS COM 257867101 2817 102250 SH Sole 92250 10000 DOW CHEMICAL COMPANY COM 260543103 45495 1323304 SH Sole 1168404 154900 131 3800 SH Defined 1 3800 DU PONT E I DE NEMOURS COM 263534109 573 12900 SH Sole 12500 400 EASTMAN KODAK CO COM 277461109 15833 542783 SH Sole 478683 64100 35 1200 SH Defined 1 1200 ELECTRONIC DATA SYS COM 285661104 40869 1100109 SH Sole 982609 117500 111 3000 SH Defined 1 3000 EMERSON ELEC CO COM 291011104 233 4350 SH Sole 4350 ENGELHARD CORP COM 292845104 41993 1482795 SH Sole 1293495 189300 113 4000 SH Defined 1 4000 EXXON MOBIL CORP COM 30231G102 4588 112123 SH Sole 103883 8240 FANNIE MAE COM 313586109 475 6447 SH Sole 6447 FEDEX CORP COM 31428X106 52328 979934 SH Sole 851834 128100 128 2400 SH Defined 1 2400 FIRST DATA CORP COM 319963104 1406 37800 SH Sole 33000 4800 FREDDIE MAC COM 313400301 44002 718982 SH Sole 648832 70150 98 1600 SH Defined 1 1600 GENERAL ELEC CO COM 369604103 33842 1164963 SH Sole 1045760 119203 78 2700 SH Defined 1 2700 GREAT LAKES CHEM COM 390568103 31571 1191795 SH Sole 1047595 144200 66 2500 SH Defined 1 2500 HARRIS CORP DEL COM 413875105 35604 982463 SH Sole 858513 123950 94 2600 SH Defined 1 2600 HARTFORD FINANCIAL COM 416515104 274 4600 SH Sole 4600 HEWLETT-PACKARD CO COM 428236103 48862 3197782 SH Sole 2872969 324813 132 8636 SH Defined 1 8636 INTEL CORP COM 458140100 379 20766 SH Sole 18766 2000 INTL BUSINESS MACHINES COM 459200101 81573 1132955 SH Sole 1016155 116800 187 2600 SH Defined 1 2600 ISHARES TR RUSSELL1000VAL COM 464287598 887 17000 SH Sole 17000 J P MORGAN CHASE & CO COM 46625H100 68736 2026414 SH Sole 1817564 208850 170 5000 SH Defined 1 5000 JOHNSON & JOHNSON COM 478160104 43403 830518 SH Sole 720818 109700 105 2000 SH Defined 1 2000 KERR MCGEE CORP COM 492386107 45936 857824 SH Sole 757331 100493 129 2400 SH Defined 1 2400 KROGER CO COM 501044101 23154 1163533 SH Sole 1041233 122300 62 3100 SH Defined 1 3100 MARATHON OIL CORP COM 565849106 59180 2182161 SH Sole 1931811 250350 176 6500 SH Defined 1 6500 MARSH & MCLENNAN COM 571748102 527 5460 SH Sole 5160 300 MAY DEPT STORES COM 577778103 57099 1733940 SH Sole 1528740 205200 178 5400 SH Defined 1 5400 MCDONALDS CORP COM 580135101 458 16100 SH Sole 16100 MERCK & CO INC COM 589331107 40994 809522 SH Sole 727572 81950 101 2000 SH Defined 1 2000 MICROSOFT CORP COM 594918104 57809 1056830 SH Sole 940980 115850 170 3100 SH Defined 1 3100 MILLIPORE CORP COM 601073109 224 7000 SH Sole 7000 NORFOLK SOUTHERN COM 655844108 421 18000 SH Sole 7300 10700 NOVELL INC COM 670006105 15231 4745010 SH Sole 4354810 390200 33 10200 SH Defined 1 10200 PEPSICO INC COM 713448108 231 4798 SH Sole 4798 PFIZER INC COM 717081103 1844 52684 SH Sole 48084 4600 PHILIP MORRIS COM 718154107 44956 1029205 SH Sole 991355 37850 131 3000 SH Defined 1 3000 PROCTER & GAMBLE COM 742718109 741 8300 SH Sole 8300 PROVIDIAN FINANCIAL CORP COM 74406A102 71 12000 SH Sole 12000 ROYAL DUTCH PETE COM 780257804 457 8275 SH Sole 8275 SBC COMMUNICATIONS COM 78387G103 335 10971 SH Sole 9655 1316 SCHLUMBERGER LTD COM 806857108 27313 587387 SH Sole 521337 66050 56 1200 SH Defined 1 1200 SERVICE CORP INTL COM 817565104 4947 1024300 SH Sole 939700 84600 SLM CORPORATION SECURITIES COM 78442P106 45349 467996 SH Sole 417146 50850 116 1200 SH Defined 1 1200 ST PAUL COS INC COM 792860108 55131 1416512 SH Sole 1251012 165500 160 4100 SH Defined 1 4100 SUNTRUST BKS INC COM 867914103 1138 16799 SH Sole 16799 SUPERVALU INC COM 868536103 38083 1552505 SH Sole 1376255 176250 98 4000 SH Defined 1 4000 TEVA PHARMACEUTCL INDS ADR COM 881624209 327 4900 SH Sole 4900 TEXTRON INC COM 883203101 375 8000 SH Sole 8000 TOYS R US INC COM 892335100 4280 245000 SH Sole 220100 24900 TRINITY INDS INC COM 896522109 49972 2411756 SH Sole 2161156 250600 122 5900 SH Defined 1 5900 TYCO INTL LTD COM 902124106 32489 2404840 SH Sole 2095552 309288 99 7300 SH Defined 1 7300 UNION PAC CORP COM 907818108 48028 758973 SH Sole 668623 90350 114 1800 SH Defined 1 1800 UNUMPROVIDENT CORP COM 91529Y106 63959 2513138 SH Sole 2220288 292850 193 7600 SH Defined 1 7600 UST INC COM 902911106 1064 31300 SH Sole 22300 9000 VERIZON COMMUNICATIONS COM 92343V104 64335 1602374 SH Sole 1411490 190884 181 4500 SH Defined 1 4500 WACHOVIA CORP COM 929903102 70305 1841406 SH Sole 1619106 222300 244 6400 SH Defined 1 6400 WAL MART STORES COM 931142103 48430 880387 SH Sole 768587 111800 138 2500 SH Defined 1 2500 WASTE MGMT INC COM 94106L109 41362 1587778 SH Sole 1356578 231200 104 4000 SH Defined 1 4000 WHIRLPOOL CORP COM 963320106 35350 540845 SH Sole 480745 60100 85 1300 SH Defined 1 1300 WORLDCOM GROUP COM 98157D106 354 5896197 SH Sole 5253942 642255 2 31000 SH Defined 1 31000 WYETH COM 983024100 472 9225 SH Sole 9225 COLUMN TOTALS 2191126 83128046 73827431 0 9300615