13F-HR 1 f-13.txt BAHL AND GAYNOR 13-F FILING FOR JUNE 30, 2006 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Robbins & Myers Conv Bd 770196AB9 12 11000 PRN SOLE 11000 3M Company COM 88579Y101 8314 102929 SH SOLE 102929 485 6000 SH DEFINED 6000 485 6000 SH OTHER 6000 AFLAC Inc COM 001055102 681 14700 SH SOLE 14700 ARC Energy Trust COM 001986108 2139 84950 SH SOLE 84950 AT&T Inc COM 00206R102 1956 70124 SH SOLE 46200 23924 42 1492 SH OTHER 1492 Abbott Laboratories COM 002824100 37095 850610 SH SOLE 850610 733 16800 SH DEFINED 16800 959 22000 SH OTHER 22000 Advanced Viral Research Corp COM 007928104 30 500000 SH SOLE 500000 Aegon NV COM 007924103 1050 61500 SH SOLE 61500 Affymetrix COM 00826T108 542 21180 SH SOLE 21180 Air Prod & Chem COM 009158106 999 15634 SH SOLE 15634 256 4000 SH DEFINED 4000 256 4000 SH OTHER 4000 Alabama National Bancorp COM 010317105 472 6925 SH SOLE 6925 Alcoa COM 013817101 485 15000 SH SOLE 15000 Allegheny Tech COM 01741R102 243 3508 SH SOLE 3508 AllianceBernstein Holding LP COM 01881G106 6005 98218 SH SOLE 98218 489 8000 SH OTHER 8000 Allianz AG ADR COM 018805101 976 61800 SH SOLE 61800 Allied Capital COM 01903Q108 1252 43525 SH SOLE 43525 58 2000 SH DEFINED 2000 58 2000 SH OTHER 2000 Allstate Corp COM 020002101 1215 22200 SH SOLE 21600 600 Alltel Corp COM 020039103 1839 28814 SH SOLE 28814 Altria Group Inc COM 02209S103 1451 19758 SH SOLE 19758 American Capital Strategies COM 024937104 652 19475 SH SOLE 19475 American Express COM 025816109 1180 22176 SH SOLE 22176 American Intl Group COM 026874107 4742 80298 SH SOLE 80298 American Power Conversion COM 029066107 635 32567 SH SOLE 32567 Amgen Inc COM 031162100 24255 371838 SH SOLE 371838 607 9300 SH OTHER 9300 Amsouth Bancorp COM 032165102 1644 62154 SH SOLE 62154 Anadarko Petroleum COM 032511107 1099 23050 SH SOLE 21600 1450 Analog Devices COM 032654105 296 9200 SH SOLE 9200 Anheuser Busch COM 035229103 8243 180801 SH SOLE 180801 114 2500 SH DEFINED 2500 160 3500 SH OTHER 3500 Apache Corp COM 037411105 28880 423155 SH SOLE 423155 58 850 SH DEFINED 850 1133 16600 SH OTHER 16600 Apple Computer COM 037833100 210 3675 SH SOLE 3675 Archer Danls Midlnd COM 039483102 479 11613 SH SOLE 11613 Astrazeneca PLC-Spon ADR COM 046353108 239 3999 SH SOLE 3999 Auto Data Processing COM 053015103 45581 1005098 SH SOLE 1005098 218 4800 SH DEFINED 4800 2660 58650 SH OTHER 58650 Avery Dennison Corp COM 053611109 9787 168574 SH SOLE 168574 348 6000 SH OTHER 6000 BB&T Corporation COM 054937107 872 20975 SH SOLE 20975 33 800 SH OTHER 800 BHP Billiton Ltd Spons ADR COM 088606108 1047 24300 SH SOLE 24300 BJ Services Co COM 055482103 11588 311015 SH SOLE 311015 112 3000 SH OTHER 3000 BP PLC -Spons ADR COM 055622104 32511 467048 SH SOLE 16950 450098 1394 20026 SH DEFINED 20026 2320 33326 SH OTHER 33326 Baker Hughes COM 057224107 1330 16250 SH SOLE 12375 3875 Bank of America Corp COM 060505104 23968 498296 SH SOLE 24600 473696 72 1500 SH DEFINED 1500 120 2500 SH OTHER 2500 Bank of New York COM 064057102 1364 42345 SH SOLE 42345 Bank of Nova Scotia COM 064149107 618 15548 SH SOLE 15548 Bank of the Ozarks Inc COM 063904106 3083 92578 SH SOLE 92578 33 1000 SH DEFINED 1000 33 1000 SH OTHER 1000 Barclays PLC Spons ADR COM 06738E204 989 21600 SH SOLE 21600 Barrick Gold Corp CAD COM 067901108 1033 34900 SH SOLE 32400 2500 Becton Dickinson & Co COM 075887109 2571 42051 SH SOLE 42051 483 7900 SH OTHER 7900 BellSouth COM 079860102 705 19478 SH SOLE 19478 29 792 SH OTHER 792 Berkshire Hathaway Inc- Cl A COM 084670108 2108 23 SH SOLE 23 Berkshire Hathaway Inc- Cl B COM 084670207 4434 1457 SH SOLE 1457 219 72 SH OTHER 72 Biogen Idec Inc COM 09062X103 782 16874 SH SOLE 16874 Biomet Inc COM 090613100 29675 948376 SH SOLE 948376 56 1800 SH DEFINED 1800 876 28000 SH OTHER 28000 Boeing COM 097023105 222 2705 SH SOLE 2705 Bristol-Myers Squibb COM 110122108 5266 203618 SH SOLE 203618 Burlington Northern Santa Fe COM 12189T104 654 8250 SH SOLE 8250 C H Robinson Worldwide COM 12541W209 296 5550 SH SOLE 5550 CARBO Ceramics Inc. COM 140781105 349 7100 SH SOLE 7100 Canadian Oil Sand Tr New Unit COM 13642L100 9112 281475 SH SOLE 281475 129 4000 SH DEFINED 4000 259 8000 SH OTHER 8000 Canon Inc Spons ADR COM 138006309 337 4600 SH SOLE 4600 CapitalSource Inc COM 14055X102 3853 164245 SH SOLE 164245 70 3000 SH DEFINED 3000 70 3000 SH OTHER 3000 Caremark RX COM 141705103 321 6700 SH SOLE 6700 Cedar Fair LP COM 150185106 5227 196948 SH SOLE 196948 133 5000 SH DEFINED 5000 133 5000 SH OTHER 5000 Charles Schwab Corp COM 808513105 372 23300 SH SOLE 23300 Chevron Corporation COM 166764100 35182 566903 SH SOLE 15450 551453 372 6000 SH DEFINED 6000 745 12000 SH OTHER 12000 Cincinnati Financial COM 172062101 92814 1974344 SH SOLE 1974344 1367 29077 SH DEFINED 29077 1903 40479 SH OTHER 40479 Cintas Corp COM 172908105 40364 1015200 SH SOLE 1015200 537 13500 SH DEFINED 13500 1690 42500 SH OTHER 42500 Cisco Systems COM 17275R102 1077 55152 SH SOLE 55152 Citigroup Inc COM 172967101 588 12195 SH SOLE 12195 Clorox COM 189054109 611 10018 SH SOLE 10018 71 1168 SH OTHER 1168 Coca Cola COM 191216100 19993 464726 SH SOLE 26250 438476 206 4800 SH DEFINED 4800 934 21700 SH OTHER 21700 Colgate Palmolive COM 194162103 1539 25695 SH SOLE 25695 Colonial Bancgroup Inc COM 195493309 679 26432 SH SOLE 26432 Comerica Inc COM 200340107 1217 23413 SH SOLE 23413 Compass Bancshares Inc COM 20449H109 41284 742510 SH SOLE 742510 56 1000 SH DEFINED 1000 1284 23100 SH OTHER 23100 ConocoPhillips COM 20825C104 41512 633477 SH SOLE 633477 380 5800 SH DEFINED 5800 1691 25800 SH OTHER 25800 Consol Energy Inc. COM 20854P109 864 18500 SH SOLE 18500 Costco Wholesale Corp COM 22160K105 438 7674 SH SOLE 7674 Credit Suisse Group Spons ADR COM 225401108 448 8000 SH SOLE 8000 Crosstex Energy, LP COM 22765U102 416 11300 SH SOLE 11300 37 1000 SH DEFINED 1000 37 1000 SH OTHER 1000 Danaher Corp COM 235851102 6285 97720 SH SOLE 97720 Deere & Co COM 244199105 1158 13875 SH SOLE 13875 Dell Inc COM 24702R101 374 15274 SH SOLE 15274 Dentsply Intl COM 249030107 26374 435217 SH SOLE 435217 939 15500 SH OTHER 15500 Deutsche Telekom AG COM 251566105 991 61800 SH SOLE 61800 Devon Energy COM 25179M103 17147 283839 SH SOLE 16950 266889 846 14000 SH OTHER 14000 Diageo PLC COM 25243Q205 2049 30332 SH SOLE 15450 14882 Diebold Inc COM 253651103 276 6800 SH SOLE 6800 73 1800 SH OTHER 1800 Disney Walt Co COM 254687106 858 28594 SH SOLE 28594 Donaldson Co COM 257651109 7511 221746 SH SOLE 221746 813 24000 SH OTHER 24000 Dover Corp COM 260003108 1557 31500 SH SOLE 31500 DuPont deNemours COM 263534109 1329 31946 SH SOLE 31946 Duke Energy Corp COM 26441C105 1230 41868 SH SOLE 41868 Duke Realty Corp COM 264411505 4185 119051 SH SOLE 119051 70 2000 SH DEFINED 2000 70 2000 SH OTHER 2000 EMC Corp/Mass COM 268648102 117 10700 SH SOLE 10700 Ecolab Inc COM 278865100 23195 571579 SH SOLE 571579 195 4800 SH DEFINED 4800 1047 25800 SH OTHER 25800 Emerson Electric COM 291011104 37731 450196 SH SOLE 450196 210 2500 SH DEFINED 2500 126 1500 SH OTHER 1500 Enbridge Inc. COM 29250N105 1308 42800 SH SOLE 42800 31 1000 SH OTHER 1000 Encana Corp COM 292505104 287 5450 SH SOLE 5450 Energy Transfer Partners, L.P. COM 29273R109 681 15250 SH SOLE 15250 45 1000 SH DEFINED 1000 45 1000 SH OTHER 1000 Enerplus Resources Fd COM 29274D604 9837 174915 SH SOLE 174915 225 4000 SH DEFINED 4000 225 4000 SH OTHER 4000 Estee Lauder Companies Cl A COM 518439104 333 8607 SH SOLE 8607 Exxon Mobil Corp COM 30231G102 90544 1475857 SH SOLE 1475857 121 1980 SH DEFINED 1980 1810 29504 SH OTHER 29504 FEDEX Corp COM 31428X106 449 3845 SH SOLE 3845 FPL Group COM 302571104 1107 26741 SH SOLE 26741 Fannie Mae COM 313586109 298 6194 SH SOLE 6194 Fastenal COM 311900104 222 5500 SH SOLE 5500 Fifth Third Bancorp COM 316773100 33322 901808 SH SOLE 901808 1141 30880 SH OTHER 30880 First Data Corp COM 319963104 1153 25609 SH SOLE 25609 First Financial Bancorp COM 320209109 357 23969 SH SOLE 23969 First Horizon National Corpora COM 320517105 1061 26386 SH SOLE 26386 First Industrial Realty Tr COM 32054K103 577 15220 SH SOLE 15220 Fiserv Inc COM 337738108 21947 483838 SH SOLE 483838 227 5000 SH OTHER 5000 Florida Rock Industries, Inc. COM 341140101 365 7350 SH SOLE 7350 Fortune Brands Inc COM 349631101 1335 18804 SH SOLE 18804 Franklin Street Properties C COM 35471R106 2803 142425 SH SOLE 142425 30 1500 SH DEFINED 1500 30 1500 SH OTHER 1500 Freddie Mac COM 313400301 251 4408 SH SOLE 4408 Frontier Financial Corporation COM 35907K105 1013 29801 SH SOLE 29801 Gallaher Group PLC - ADR COM 363595109 421 6736 SH SOLE 6736 Gannett Inc COM 364730101 1143 20440 SH SOLE 20440 Genentech Inc COM 368710406 416 5080 SH SOLE 5080 General Electric COM 369604103 79929 2425040 SH SOLE 2425040 1157 35100 SH DEFINED 35100 2195 66600 SH OTHER 66600 General Mills COM 370334104 4642 89863 SH SOLE 21600 68263 Gilead Sciences Inc. COM 375558103 1863 31490 SH SOLE 31490 Glacier Bancorp Inc. COM 37637Q105 442 15100 SH SOLE 15100 Glaxo SmithKline PLC ADR COM 37733W105 2184 39148 SH SOLE 21600 17548 Global SantaFe Corp COM G3930E101 7819 135400 SH SOLE 135400 347 6000 SH OTHER 6000 Google Inc COM 38259P508 1350 3220 SH SOLE 2160 1060 Graco Inc. COM 384109104 8170 177695 SH SOLE 177695 Grainger, W W Inc COM 384802104 1001 13300 SH SOLE 13300 Halliburton COM 406216101 1030 13875 SH SOLE 13875 Hanmi Financial Corporation COM 410495105 2409 123927 SH SOLE 123927 Hanover Compressor Co COM 410768105 470 25000 SH SOLE 25000 Harley-Davidson COM 412822108 722 13150 SH SOLE 13150 Health Care Select Sector COM 81369Y209 1579 52200 SH SOLE 52200 Healthcare Services Group COM 421906108 2586 123425 SH SOLE 123425 21 1000 SH DEFINED 1000 21 1000 SH OTHER 1000 Heritage Financial Corporation COM 42722X106 306 11602 SH SOLE 11602 Hershey Foods COM 427866108 2279 41376 SH SOLE 41376 248 4500 SH DEFINED 4500 248 4500 SH OTHER 4500 Hewlett Packard COM 428236103 1558 49177 SH SOLE 49177 Highwoods Prop Inc COM 431284108 810 22400 SH SOLE 22400 Hillenbrand Inds COM 431573104 3700 76286 SH SOLE 76286 Home Depot COM 437076102 25630 716133 SH SOLE 716133 72 2000 SH DEFINED 2000 36 1000 SH OTHER 1000 Honeywell Int'l COM 438516106 2151 53368 SH SOLE 27750 25618 Hospira Inc COM 441060100 383 8931 SH SOLE 8931 Hubbell Inc Cl A COM 443510102 1192 27346 SH SOLE 27346 Hubbell Inc Cl B COM 443510201 1999 41942 SH SOLE 41942 Hugoton Royalty Trust COM 444717102 659 22193 SH SOLE 22193 1 29 SH DEFINED 29 1 29 SH OTHER 29 Huntington Bancshares COM 446150104 497 21080 SH SOLE 21080 IBERIABANK Corporation COM 450828108 1696 29475 SH SOLE 29475 29 500 SH DEFINED 500 29 500 SH OTHER 500 IBM COM 459200101 1996 25983 SH SOLE 25983 IShares Russell 1000 Index COM 464287622 393 5690 SH SOLE 5690 Illinois Tool Works COM 452308109 41424 872093 SH SOLE 872093 665 14000 SH DEFINED 14000 950 20000 SH OTHER 20000 Infosys Technologies ADR COM 456788108 605 7915 SH SOLE 7740 175 Intel Corp COM 458140100 22978 1209358 SH SOLE 52500 1156858 418 22000 SH DEFINED 22000 608 32000 SH OTHER 32000 International Coal Group Inc COM 45928H106 72 10000 SH SOLE 10000 Intuitive Surgical Inc COM 46120E602 2481 21575 SH SOLE 21575 805 7000 SH OTHER 7000 JP Morgan Chase & Co COM 46625H100 1983 47225 SH SOLE 47225 Johnson & Johnson COM 478160104 73398 1224940 SH SOLE 18525 1206415 827 13800 SH DEFINED 13800 1995 33300 SH OTHER 33300 Johnson Controls COM 478366107 4072 49522 SH SOLE 49522 296 3600 SH DEFINED 3600 296 3600 SH OTHER 3600 KIMCO Realty Corp COM 49446R109 1870 51238 SH SOLE 51238 Kimberly Clark COM 494368103 1364 22100 SH SOLE 22100 Kinder Morgan Energy Prtnrs COM 494550106 2173 47270 SH SOLE 47270 Kohl's Corp COM 500255104 228 4000 SH SOLE 4000 L-3 Communications Holdings In COM 502424104 9770 129540 SH SOLE 129540 LCA-Vision Inc COM 501803308 413 7812 SH SOLE 7812 Leading Brands COM 52170U108 1800 314197 SH SOLE 314197 Lilly, Eli Co COM 532457108 23248 420622 SH SOLE 21600 399022 Lincoln Natl Corp COM 534187109 2148 38064 SH SOLE 38064 Linear Technology Corp COM 535678106 562 16775 SH SOLE 16775 Lockheed Martin COM 539830109 263 3664 SH SOLE 3664 Lowes Corp COM 548661107 6607 108896 SH SOLE 108896 485 8000 SH DEFINED 8000 728 12000 SH OTHER 12000 Mack-Cali Realty Corp COM 554489104 558 12150 SH SOLE 12150 46 1000 SH DEFINED 1000 46 1000 SH OTHER 1000 Marshall & Ilsley Corp COM 571834100 1938 42378 SH SOLE 42378 Matthews Int'l Corp Cl A COM 577128101 2579 74825 SH SOLE 74825 McCormick & Co NV COM 579780206 6096 181695 SH SOLE 181695 27 800 SH DEFINED 800 362 10800 SH OTHER 10800 McDonald's COM 580135101 900 26800 SH SOLE 26800 McGraw Hill COM 580645109 290 5776 SH SOLE 5776 186 3700 SH DEFINED 3700 186 3700 SH OTHER 3700 Medco Health Solutions Inc COM 58405U102 686 11980 SH SOLE 11980 Medtronic Inc COM 585055106 41124 876464 SH SOLE 876464 38 800 SH DEFINED 800 1107 23600 SH OTHER 23600 Merck & Co COM 589331107 2881 79074 SH SOLE 79074 Microsoft Corp COM 594918104 28342 1216402 SH SOLE 1216402 75 3200 SH DEFINED 3200 466 20000 SH OTHER 20000 Midcap SPDR Trust Series 1 COM 595635103 250 1795 SH SOLE 1795 Molex COM 608554101 316 9400 SH SOLE 9400 Morgan Stanley India Investmen COM 61745C105 446 10240 SH SOLE 10240 National City Corp COM 635405103 5648 156078 SH SOLE 156078 250 6900 SH DEFINED 6900 250 6900 SH OTHER 6900 National Penn Bancshares, Inc. COM 637138108 223 11218 SH SOLE 11218 New Plan Excel Realty Trust COM 648053106 257 10400 SH SOLE 10400 Newell Rubbermaid COM 651229106 1116 43200 SH SOLE 43200 Newmont Mining COM 651639106 1053 19900 SH SOLE 18600 1300 Noble Energy Inc COM 655044105 2298 49048 SH SOLE 49048 Nokia Corp Spon ADR COM 654902204 514 25351 SH SOLE 25351 Nomura Holdings Inc ADR COM 65535H208 984 52350 SH SOLE 52350 Norfolk Southern COM 655844108 1526 28671 SH SOLE 28671 Northern Trust COM 665859104 17496 316387 SH SOLE 316387 Novartis AG ADR COM 66987V109 1329 24650 SH SOLE 18600 6050 Novo-Nordisk COM 670100205 445 7000 SH SOLE 7000 Nuance Communications Inc COM 67020Y100 108 10750 SH SOLE 10750 Nuveen Investments Cl A COM 67090F106 614 14258 SH SOLE 14258 Occidental Pete COM 674599105 467 4600 SH SOLE 4600 Office Depot COM 676220106 201 5280 SH SOLE 5280 Old Republic International Cor COM 680223104 22753 1064706 SH SOLE 1064706 59 2750 SH DEFINED 2750 112 5250 SH OTHER 5250 Omnicom Group COM 681919106 255 2900 SH SOLE 2900 Oneok Partners LP COM 68268N103 2165 43867 SH SOLE 43867 49 1000 SH DEFINED 1000 49 1000 SH OTHER 1000 Oracle Systems COM 68389X105 180 12388 SH SOLE 12388 PNC Finl Services Group COM 693475105 1158 16507 SH SOLE 16507 Patterson - UTI Energy Inc COM 703481101 241 8500 SH SOLE 8500 Paychex Inc COM 704326107 5474 140421 SH SOLE 140421 31 800 SH DEFINED 800 31 800 SH OTHER 800 Pengrowth Energy Trust COM 706902509 2367 98250 SH SOLE 98250 Pentair Inc COM 709631105 17053 498757 SH SOLE 498757 Pepsico COM 713448108 37520 624919 SH SOLE 624919 60 1000 SH DEFINED 1000 312 5200 SH OTHER 5200 Petsmart Inc COM 716768106 233 9100 SH SOLE 9100 Pfizer Inc COM 717081103 12946 551610 SH SOLE 46350 505260 469 20000 SH OTHER 20000 Piedmont Natural Gas COM 720186105 2175 89490 SH SOLE 89490 Pitney-Bowes COM 724479100 207 5000 SH SOLE 5000 Plum Creek Timber Co REIT COM 729251108 2306 64950 SH SOLE 64950 64 1800 SH DEFINED 1800 64 1800 SH OTHER 1800 PowerShares Dynamic Energy Exp COM 73935X658 978 52500 SH SOLE 52500 PowerShares Dynamic Networking COM 73935X815 1198 77400 SH SOLE 77400 Powershares Dyn Pharmaceutical COM 73935X799 1980 123600 SH SOLE 123600 Powershares Dynamic Software COM 73935X773 1348 77100 SH SOLE 77100 Powershares Global Water COM 73935X575 1345 80700 SH SOLE 77100 3600 Powershares International DVD COM 73935X716 162 10000 SH SOLE 10000 Powershares Lux Nanotech COM 73935X633 1337 77100 SH SOLE 77100 Praxair Inc COM 74005P104 28259 523320 SH SOLE 523320 81 1500 SH DEFINED 1500 783 14500 SH OTHER 14500 PrimeWest Energy Trust COM 741930309 247 8250 SH SOLE 8250 Procter & Gamble COM 742718109 353994 6366796 SH SOLE 6366796 2531 45520 SH DEFINED 45520 13769 247647 SH OTHER 247647 Provident Bankshares Corp COM 743859100 1524 41870 SH SOLE 41870 55 1500 SH DEFINED 1500 55 1500 SH OTHER 1500 Qualcomm Inc COM 747525103 264 6600 SH SOLE 6600 Questar Corp COM 748356102 334 4150 SH SOLE 4150 RLI Corp. COM 749607107 267 5550 SH SOLE 5550 Range Resources Corp COM 75281A109 402 14800 SH SOLE 14800 Raven Industries Inc COM 754212108 254 8075 SH SOLE 8075 Rayonier Inc COM 754907103 959 25291 SH SOLE 25291 45 1200 SH DEFINED 1200 45 1200 SH OTHER 1200 Raytheon COM 755111507 294 6600 SH SOLE 6600 Regions Financial Corp COM 7591EP100 373 11250 SH SOLE 11250 Research in Motion Ltd COM 760975102 316 4800 SH SOLE 4800 Rio Tinto Plc Spons ADR COM 767204100 650 3100 SH SOLE 3100 Royal Dutch Shell PLC A COM 780259206 15976 238521 SH SOLE 18525 219996 831 12400 SH DEFINED 12400 1206 18000 SH OTHER 18000 S & P 500 Depositary Rcpt COM 78462F103 777 6110 SH SOLE 4000 2110 SAP AG ADR COM 803054204 1074 20450 SH SOLE 18450 2000 Sanofi-Synthelabo SA ADR COM 80105N105 1052 21600 SH SOLE 21600 Sara Lee Corp COM 803111103 260 16240 SH SOLE 16240 Schering Plough COM 806605101 1245 65400 SH SOLE 65400 154 8100 SH OTHER 8100 Schlumberger Ltd COM 806857108 1640 25194 SH SOLE 25194 Scripps E.W. Cl A COM 811054204 16676 386549 SH SOLE 386549 302 7000 SH OTHER 7000 Seacoast Banking Corp of Flori COM 811707306 332 12450 SH SOLE 12450 Selective Insurance Group, Inc COM 816300107 1066 19075 SH SOLE 19075 Servicemaster Co COM 81760N109 118 11455 SH SOLE 11455 Sigma-Aldrich COM 826552101 935 12875 SH SOLE 12875 Simon Prop Group COM 828806109 898 10825 SH SOLE 10825 Sky Financial Group Inc COM 83080P103 222 9407 SH SOLE 9407 Smith International Inc COM 832110100 489 10994 SH SOLE 10994 Smucker J M - New COM 832696405 3718 83179 SH SOLE 83179 18 393 SH OTHER 393 South Financial Group COM 837841105 1624 61500 SH SOLE 61500 66 2500 SH OTHER 2500 Southern Co COM 842587107 253 7900 SH SOLE 7900 Southwest Water Co COM 845331107 433 36133 SH SOLE 36133 St Paul Travelers Companies In COM 792860108 304 6810 SH SOLE 6810 St. Joseph Capital Corp COM 790595102 775 26806 SH SOLE 26806 St. Mary Land & Exploration COM 792228108 412 10225 SH SOLE 10225 Starbucks Corp COM 855244109 984 26070 SH SOLE 26070 755 20000 SH OTHER 20000 State Street Corp COM 857477103 383 6600 SH SOLE 6600 Steinway Musical Instruments COM 858495104 221 9000 SH SOLE 9000 StreetTracks Gold Trust COM 863307104 946 15450 SH SOLE 15450 Stryker Corp COM 863667101 2575 61138 SH SOLE 61138 SunTrust Banks COM 867914103 32091 420806 SH SOLE 15450 405356 181 2377 SH DEFINED 2377 1581 20732 SH OTHER 20732 Synovus Financial Corp COM 87161C105 8844 330265 SH SOLE 330265 Sysco Corp COM 871829107 21214 694174 SH SOLE 694174 214 7000 SH DEFINED 7000 443 14500 SH OTHER 14500 TCF Financial COM 872275102 25360 958772 SH SOLE 958772 407 15400 SH OTHER 15400 Taiwan Semiconductor Mfg Ltd A COM 874039100 650 70806 SH SOLE 70806 Target Corp COM 87612E106 15944 326252 SH SOLE 326252 Teleflex Inc COM 879369106 16182 299550 SH SOLE 299550 135 2500 SH DEFINED 2500 783 14500 SH OTHER 14500 Texas Instruments COM 882508104 11729 387223 SH SOLE 387223 363 12000 SH OTHER 12000 Textron Inc COM 883203101 781 8472 SH SOLE 8472 The St. Joe Company COM 790148100 234 5025 SH SOLE 5025 Time Warner Inc COM 887317105 1909 110322 SH SOLE 61800 48522 Torchmark COM 891027104 723 11900 SH SOLE 11900 Total Fina S.A. Sponsored ADR COM 89151E109 1209 18450 SH SOLE 18450 Toyota Motor Corp COM 892331307 272 2600 SH SOLE 2600 Tractor Supply Company COM 892356106 249 4500 SH SOLE 4500 Transatlantic Holdings COM 893521104 314 5625 SH SOLE 5625 Tribune COM 896047107 936 28873 SH SOLE 28873 UCBH Holdings COM 90262T308 14161 856140 SH SOLE 856140 UPM-Kymmene Oyj Spons ADR COM 915436109 999 46500 SH SOLE 46500 US Bancorp COM 902973304 134736 4363213 SH SOLE 37200 4326013 3690 119500 SH DEFINED 119500 7655 247900 SH OTHER 247900 United Parcel Service COM 911312106 8443 102547 SH SOLE 102547 United Technologies COM 913017109 30533 481437 SH SOLE 481437 583 9200 SH OTHER 9200 UnitedHealth Group Inc COM 91324P102 214 4778 SH SOLE 4778 Unitrin Inc COM 913275103 318 7290 SH SOLE 7290 Valero LP COM 91913W104 1353 27418 SH SOLE 27418 40 818 SH DEFINED 818 40 818 SH OTHER 818 Valspar Corp COM 920355104 2867 108550 SH SOLE 108550 Verizon Communications COM 92343V104 1934 57751 SH SOLE 33900 23851 21 621 SH OTHER 621 Vodafone Group PLC-Sp ADR COM 92857W209 258 12130 SH SOLE 12130 Wachovia Corp COM 929903102 24325 449788 SH SOLE 449788 195 3600 SH DEFINED 3600 2630 48639 SH OTHER 48639 WalMart Stores COM 931142103 4839 100461 SH SOLE 24600 75861 39 800 SH OTHER 800 Walgreen Company COM 931422109 60061 1339452 SH SOLE 24600 1314852 484 10800 SH DEFINED 10800 2377 53000 SH OTHER 53000 Washington Mutual COM 939322103 406 8900 SH SOLE 8900 Washington Post Cl B COM 939640108 390 500 SH SOLE 500 Weingarten Realty Investors COM 948741103 918 23987 SH SOLE 23987 Wells Fargo Co COM 949746101 58825 876944 SH SOLE 876944 1972 29400 SH DEFINED 29400 3602 53700 SH OTHER 53700 Wendy's Intl COM 950590109 322 5525 SH SOLE 5525 Whole Foods Market Inc COM 966837106 1774 27440 SH SOLE 27440 259 4000 SH OTHER 4000 Wintrust Finl COM 97650W108 4875 95870 SH SOLE 95870 468 9200 SH OTHER 9200 Wm Wrigley Jr COM 982526105 14891 328293 SH SOLE 24750 303543 85 1875 SH OTHER 1875 Wolverine World Wide Inc COM 978097103 358 15350 SH SOLE 15350 Wyeth COM 983024100 6117 137729 SH SOLE 137729 XTO Energy Inc COM 98385X106 15407 348014 SH SOLE 348014 22 500 SH DEFINED 500 170 3833 SH OTHER 3833 Zimmer Holdings COM 98956P102 11790 207855 SH SOLE 207855 641 11300 SH DEFINED 11300 854 15060 SH OTHER 15060 iShares FTSE/Xinhua China 25 I COM 464287184 351 4570 SH SOLE 4570 iShares MSCI Canada Index Fund COM 464286509 715 30125 SH SOLE 30125 iShares MSCI EAFE Index Fund COM 464287465 1218 18630 SH SOLE 18630 iShares MSCI Emerging Markets COM 464287234 387 4120 SH SOLE 4120 iShares MSCI Hong Kong Index F COM 464286871 1136 84006 SH SOLE 84006 iShares MSCI Japan Index Fund COM 464286848 4834 354375 SH SOLE 15000 339375 iShares MSCI Singapore Index F COM 464286673 1064 120940 SH SOLE 120940 iShares MSCI Taiwan Index Fund COM 464286731 1393 108620 SH SOLE 61800 46820 iShares S&P Europe 350 COM 464287861 1255 13740 SH SOLE 3000 10740 Franklin Income Fund Class C 353496805 73 29498.0000SH SOLE 29498.0000 Goldman Sachs 1998 Exchange Pl ms8896552 528 5257.7652SH SOLE 5257.7652 Harbor International Fund - In hainx 407 7360.3490SH SOLE 7360.3490 Salomon Bros Muni Partners Fd 794916106 148 11000.0000SH SOLE 11000.0000 Salomon Bros Muni Partners II 794918102 206 17100.0000SH SOLE 17100.0000