13F-HR/A 1 r1stqtr06.txt 1ST QUARTER 2006 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON DC 20549 FORM 13-F FORM 13F COVER PAGE REPORT OF THE CALENDAR YEAR OR QUARTER ENDED: 3/31/2006 INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT: NAME: ARVEST ASSET MANAGEMENT ADDRESS: P O BOX 1156 BARTLESVILLE OK 74005-1156 13F_FILE NUMBER 893879 THE INSTITUTION 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 INTERGRAL PARTS OF THIS" FORM. PERSON SIGNING THIS REPORT ON BEHALF OF REPORTING MANAGER: NAME: JOYCE POOL TITLE: BALANCING TECH PHONE: 918-337-3474 "SIGNATURE, PLACE AND DATE OF SIGNING" " JOYCE POOL BARTLESVILLE, OK " 5/10/2006 REPORT TYPE 13-F I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFO TABLE ENTRY TOTAL: 167 FORM 13F INFO TABLE VALUE TOTAL: 456165 VALUE SHARE SH INVST ----VOTING AUTH--- NAME OF ISSUER -TITLE- CUSIP X$1000 PRN PR DSCRN SOLE SHA+K185 NONE AT & T COM 00206R102 938 34694 SH SOLE 34694 "34,694 " ALLSTATE CORP COM 020002101 7490 143731 SH SOLE 143184 547 "143,731 " ALLSTATE CORP COM 20002101 21 394 SH SHARE 394 394 ALTERRA HEALTHCARE COM 02146C104 13250 SH SOLE 13250 "13,250 " ALTRIA GROUP INC COM 02209S103 680 9600 SH SOLE 9600 "9,600 " AMGEN INC COM 031162100 7986 109780 SH SOLE 109369 411 "109,780 " AMGEN INC COM 31162100 18 243 SH SHARE 243 243 ANHEUSER BUSCH COM 035229103 340 7949 SH SOLE 7949 "7,949 " ANHEUSER BUSCH COM 035229103 34 800 SH SHARE 800 800 AUTOMATIC DATA PRO COM 053015103 7426 162557 SH SOLE 161896 661 "162,557 " AUTOMATIC DATA PRO COM 53015103 22 482 SH SHARE 482 482 BP AMOCO PLC ADR 055622104 11506 166901 SH SOLE 141320 25581 "166,901 " BP AMOCO PLC ADR 55622104 20 285 SH SHARE 285 285 BANK OF AMER CORP COM 060505104 928 20386 SH SOLE 20126 260 "20,386 " BAXTER INTERNATL COM 071813109 7794 200837 SH SOLE 200175 662 "200,837 " BAXTER INTERNATL COM 71813109 20 509 SH SHARE 509 509 BECTON DICKINSON COM 075887109 6977 113295 SH SOLE 112870 425 "113,295 " BECTON DICKINSON COM 75887109 24 393 SH SHARE 393 393 BED BATH & BEYOND COM 75896100 7623 198505 SH SOLE 197750 755 "198,505 " BELLSOUTH CORP COM 079860102 822 23733 SH SOLE 23733 "23,733 " BELLSOUTH CORP COM 079860102 17 500 SH SHARE 500 500 BERKSHIRE HATHAWAY COM 84670108 271 3 SH SHARE 3 3 BERKSHIRE HATHAWAY COM 84670207 331 110 SH SOLE 110 110 BOEING COMPANY COM 97023105 229 2938 SH SOLE 2132 806 "2,938 " BRISTOL MYERS SQUIBB COM 110122108 294 11965 SH SOLE 10629 1336 "11,965 " BRISTOL MYERS SQUIBB COM 110122108 20 800 SH SHARE 800 800 BURLINGTON NTH SF COM 12189T104 8619 103434 SH SOLE 103098 336 "103,434 " BURLINGTON NTH SF COM 12189T104 30 356 SH SHARE 356 356 CAPITAL INC BUILDER FD MUT FD 140193103 298 5397 SH SOLE 5397 "5,397 " CATERPILLAR INC COM 149123101 284 3954 SH SOLE 3954 "3,954 " CHEVRONTEXACO COM 166764100 9129 157485 SH SOLE 156883 602 "157,485 " CHEVRONTEXACO COM 166764100 175 3026 SH SHARE 3026 "3,026 " CISCO SYSTEMS INC COM 17275R102 334 15421 SH SOLE 15421 "15,421 " CISCO SYSTEMS INC COM 17275R102 28 1300 SH SHARE 1300 "1,300 " CITIGROUP INC COM 172967101 7401 156704 SH SOLE 154498 2206 "156,704 " CITIGROUP INC COM 172967101 49 1046 SH SHARE 1046 "1,046 " COCA COLA COM 191216100 870 20770 SH SOLE 17314 3456 "20,770 " CONOCOPHILLIPS COM 20825C104 24063 381040 SH SOLE 378465 2575 "381,040 " CONOCOPHILLIPS COM 20825C104 1865 29536 SH SHARE 21628 7108 800 "29,536 " DEERE & CO COM 244199105 293 3708 SH SOLE 3708 "3,708 " DEVON ENERGY CORP COM 25179M103 6868 112274 SH SOLE 111935 339 "112,274 " DEVON ENERGY CORP COM 25179M103 19 304 SH SHARE 304 304 DIAMONDS TR UNIT SER COM 252787106 406 3650 SH SOLE 3650 "3,650 " DISNEY COM 254687106 8033 288040 SH SOLE 287101 939 "288,040 " DISNEY COM 254687106 53 1901 SH SHARE 1901 "1,901 " DOW CHEMICAL COM 260543103 192 4730 SH SOLE 4730 "4,730 " DOW CHEMICAL COM 260543103 23 577 SH SHARE 577 577 DREYFUS MUNI BD MUT FD 26201Q104 210 17929 SH SOLE 17929 "17,929 " DUPONT COM 263534109 7806 184936 SH SOLE 184259 677 "184,936 " DUPONT COM 263534109 18 431 SH SHARE 431 431 EMERSON ELEC COM 291011104 330 3951 SH SOLE 3951 "3,951 " EXXON MOBIL CORP COM 30231G102 11113 182594 SH SOLE 178791 2478 1325 "182,594 " EXXON MOBIL CORP COM 30231G102 876 14390 SH SHARE 9194 5196 "14,390 " FID INTRM FD #32 MUT FD 315912105 1761 173297 SH SOLE 173297 "173,297 " FID INV GRD FD #26 MUT FD 316146109 1279 175953 SH SOLE 175953 "175,953 " FID S/t BD FD #450 MUT FD 316146208 239 27041 SH SOLE 27041 "27,041 " FID GNMA FD #15 MUT FD 31617K105 427 39966 SH SOLE 39966 "39,966 " FIRSTENERGY CORP COM 337932107 285 5832 SH SOLE 5832 "5,832 " GENERAL ELECTRIC COM 369604103 11884 341680 SH SOLE 336209 1200 4271 "341,680 " GENERAL ELECTRIC COM 369604103 114 3284 SH SHARE 1834 1450 "3,284 " GENERAL MILLS COM 370334104 7676 151468 SH SOLE 150869 599 "151,468 " GENERAL MILLS COM 370334104 23 457 SH SHARE 457 457 GLAXO SMITHKLINE PLC COM 37733W105 402 7679 SH SOLE 7679 "7,679 " GOLDMAN SACHS GR COM 38141G104 8259 52617 SH SOLE 52419 198 "52,617 " GOLDMAN SACHS GR COM 38141G104 28 176 SH SHARE 176 176 HAROLDS STORE INC COM 413353103 249 429984 SH SOLE 429984 "429,984 " HEWLETT PACKARD COM 428236103 7922 240796 SH SOLE 239834 962 "240,796 " HEWLETT PACKARD COM 428236103 24 729 SH SHARE 729 729 HOME DEPOT INC COM 437076102 8447 199704 SH SOLE 199504 200 "199,704 " HOME DEPOT INC COM 437076102 37 882 SH SHARE 882 882 HONEYWELL INTL COM 438516106 330 7706 SH SOLE 7706 "7,706 " HUNT JB TRANS SVCS COM 445658107 795 36900 SH SOLE 36900 "36,900 " INTEL COM 458140100 7203 370123 SH SOLE 368748 1375 "370,123 " INTEL COM 458140100 55 2835 SH SHARE 2835 "2,835 " IBM COM 459200101 8294 100569 SH SOLE 99606 963 "100,569 " IBM COM 459200101 22 263 SH SHARE 263 263 ISHARES TR GS FD MUT FD 464287242 1074 10200 SH SOLE 10200 "10,200 " J P MORGAN CHASE COM 46625H100 8010 192368 SH SOLE 191116 1252 "192,368 " J P MORGAN CHASE COM 46625H100 100 2401 SH SHARE 2401 "2,401 " JOHNSON & JOHNSON COM 478160104 9194 155249 SH SOLE 154194 1055 "155,249 " JOHNSON & JOHNSON COM 478160104 92 1546 SH SHARE 1316 230 "1,546 " KELLOGG CO COM 487836108 382 8684 SH SOLE 8684 "8,684 " KIMBERLY CLARK CORP COM 494368103 7026 121562 SH SOLE 121055 507 "121,562 " KIMBERLY CLARK CORP COM 494368103 21 356 SH SHARE 356 356 L-3 COMMUNICATIONS COM 502424104 7772 90590 SH SOLE 90277 313 "90,590 " L-3 COMMUNICATIONS COM 502424104 22 260 SH SHARE 260 260 LEGGETT & PLATT INC COM 524660107 371 15230 SH SOLE 15230 "15,230 " ELI LILLY COM 532457108 299 5406 SH SOLE 5406 "5,406 " LOCKHEED MARTIN COM 539830109 8309 110594 SH SOLE 110208 386 "110,594 " LOCKHEED MARTIN COM 539830109 25 338 SH SHARE 338 338 MFS ARKANSAS MUNI MUT FD 55273N400 234 23256 SH SOLE 23256 "23,256 " MANULIFE FINL CORP COM 56501R106 459 7316 SH SOLE 7316 "7,316 " MARRIOTT INTL INC COM 571903202 7377 107535 SH SOLE 107152 383 "107,535 " MARRIOTT INTL INC COM 571903202 23 341 SH SHARE 341 341 MICROSOFT CORP COM 594918104 7571 278233 SH SOLE 277833 400 "278,233 " MICROSOFT CORP COM 594918104 22 803 SH SHARE 803 803 MORGAN STANLEY DW COM 617446448 302 4804 SH SOLE 4804 "4,804 " NATIONAL CITY COM 635405103 253 7242 SH SOLE 7242 "7,242 " NOKIA CORP ADR COM 654902204 8423 406536 SH SOLE 403741 2795 "406,536 " NOKIA CORP ADR COM 654902204 26 1254 SH SHARE 1254 "1,254 " NORFOLK SOUTHERN COM 655844108 267 4935 SH SOLE 4935 "4,935 " NORFOLK SOUTHERN COM 655844108 31 570 SH SHARE 570 570 NORTHERN TR CORP COM 665859104 663 12620 SH SOLE 12620 "12,620 " NUVEEN INSD QUAL MUT FD 67062N103 251 16730 SH SOLE 16730 "16,730 " NUVEEN INSD QUAL MUT FD 67062T100 150 10600 SH SOLE 10600 "10,600 " O G & E ENERGY CORP COM 670837103 648 22342 SH SOLE 22342 "22,342 " NUVEEN INSD MUNI MUT FD 670984103 219 14575 SH SOLE 14575 "14,575 " ONEOK INC NEW COM 682680103 232 7192 SH SOLE 6992 200 "7,192 " PEPSICO COM 713448108 8721 150914 SH SOLE 150130 784 "150,914 " PEPSICO COM 713448108 37 643 SH SHARE 378 265 643 PFIZER INC COM 717081103 7161 287355 SH SOLE 284655 2700 "287,355 " PFIZER INC COM 717081103 20 807 SH SHARE 807 807 PROCTOR & GAMBLE COM 742718109 11679 202650 SH SOLE 199364 3286 "202,650 " PROCTOR & GAMBLE COM 742718109 21 369 SH SHARE 369 369 QUESTAR CORP COM 748356102 210 3000 SH SOLE 3000 "3,000 " REGIONS FINAL CORP COM 758940100 591 16818 SH SOLE 16818 "16,818 " REGIONS FINAL CORP COM 758940100 200 5700 SH SHARE 5700 "5,700 " ROCKWELL AUTO COM 773903109 417 5794 SH SOLE 5306 488 "5,794 " ROCKWELL AUTO COM 773903109 93 1300 SH SHARE 500 800 "1,300 " ROCKWELL COLLINS COM 774341101 267 4743 SH SOLE 4360 383 "4,743 " ROCKWELL COLLINS COM 774341101 45 800 SH SHARE 800 800 SPDR TR COM 78462F103 1151 8868 SH SOLE 8868 "8,868 " SARA LEE COM 803111103 207 11601 SH SOLE 11601 "11,601 " SOUTHERN CO COM 842587107 7342 224044 SH SOLE 222079 1965 "224,044 " SOUTHERN CO COM 842587107 19 576 SH SHARE 576 576 SOUTHWESTERN ENER COM 845467109 2654 82454 SH SOLE 74454 8000 "82,454 " SUNOCO INC COM 86764P109 805 10379 SH SOLE 10379 "10,379 " TARGET CORP COM 87612E106 7281 139985 SH SOLE 139324 661 "139,985 " TARGET CORP COM 87612E106 21 402 SH SHARE 402 402 TEXTRON COM 883203101 543 5810 SH SOLE 5810 "5,810 " 3M CO COM 88579Y101 677 8939 SH SOLE 8939 "8,939 " UNITED TECH COM 913017109 7462 128717 SH SOLE 128262 455 "128,717 " UNITED TECH COM 913017109 23 404 SH SHARE 404 404 V F CORP COM 918204108 248 4350 SH SOLE 4350 "4,350 " V F CORP COM 918204108 20 350 SH SHARE 350 350 VAN TOT BD MKT 584 MUT FD 921937603 5267 533576 SH SOLE 524591 8985 "533,576 " VAN TOT BD MKT 584 MUT FD 921937603 28 2828 SH SHARE 2828 "2,828 " VAN GNMA FD 36 MUT FD 922031307 214 21014 SH SOLE 21014 "21,014 " VAN FIXED INC #529 MUT FD 922031760 1455 236256 SH SOLE 233714 2542 "236,256 " VANGUARD GNMA 536 MUT FD 922031794 13614 1339855 SH SOLE 1317044 22811 "1,339,855 " VANGUARD GNMA 536 MUT FD 922031794 76 7521 SH SHARE 3122 1655 2744 "7,521 " VAN FIXED INCOME #535 MUT FD 922031828 3048 285621 SH SOLE 278762 6859 "285,621 " VAN FIXED INCOME #535 MUT FD 922031828 4 391 SH SHARE 391 391 VAN S-T CORP #539 MUT FD 922031836 9095 869405 SH SOLE 853967 15438 "869,405 " VAN S-T CORP #539 MUT FD 922031836 115 10953 SH SHARE 483 10470 "10,953 " VAN FIXED INC #532 MUT FD 922031851 3718 362735 SH SOLE 358073 4662 "362,735 " VAN FIXED INC #532 MUT FD 922031851 25 2462 SH SHARE 2462 "2,462 " VAN INTERM TAX #542 MUT FD 922907878 234 17696 SH SOLE 17696 "17,696 " VAN INTERM TAX #542 MUT FD 922907878 29 2162 SH SHARE 2162 "2,162 " VERIZON COMM COM 92343V104 422 12387 SH SOLE 12189 198 "12,387 " VERIZON COMM COM 92343V104 14 400 SH SHARE 400 400 WACHOVIA CORP 2ND COM 929903102 7718 137702 SH SOLE 137249 453 "137,702 " WACHOVIA CORP 2ND COM 929903102 24 428 SH SHARE 428 428 WALMART STORES COM 931142103 33709 713564 SH SOLE 710409 3155 "713,564 " WALMART STORES COM 931142103 17 350 SH SHARE 150 200 350 WASHINGTON MUT MUT FD 939322103 7441 174597 SH SOLE 173932 665 "174,597 " WASHINGTON MUT MUT FD 939322103 21 503 SH SHARE 503 503 WELLS FARGO & CO COM 949746101 7581 118692 SH SOLE 117560 1132 "118,692 " WELLS FARGO & CO COM 949746101 55 854 SH SHARE 854 854 WELLS FARGO FD MUT FD 949917496 976 96482 SH SOLE 96482 "96,482 " WELLS RE FD XII LP COM 950006106 180 21505 SH SOLE 21505 "21,505 " WENDYS INTERNATL COM 950590109 7897 127242 SH SOLE 126814 428 "127,242 " WENDYS INTERNATL COM 950590109 29 467 SH SHARE 467 467 WRIGLEY WM JR COM 982526105 352 5500 SH SOLE 5500 "5,500 " WYETH COM 983024100 7993 164747 SH SOLE 163893 854 "164,747 " WYETH COM 983024100 80 1656 SH SHARE 1656 "1,656 " S REPORT SUMMARY 167 DATA RECORDS 456165