13F-HR 1 d91651e13f-hr.txt FORM 13F- HOLDINGS REPORT -------------------------- OMB APPROVAL -------------------------- OMB Number: 3235-0006 Expires: April 30, 2000 Estimated average burden hours per response..... 33.99 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 09/30/01 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: Colorado State Bank and Trust Address: 1600 Broadway Denver, CO 80202 13F File Number: 28-____________ 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: Aaron Azari Title: Senior Vice President and Trust Officer Phone: (303) 864-7220 Signature, Place, and Date of Signing: /s/ AARON AZARI Denver, CO 11/06/01 -------------------------------- ---------------------------- ---------- [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).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: ______________ Form 13F Information Table Value Total: $30,602 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(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 FORM 13F INFORMATION TABLE

COLUMN 1 ~~AND~~ COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ------------------ ---------- -------- -------------------- INVESTMENT VALUE SHRS OR SH/ PUT/ ~~INVESTMENT~~DISCRETION OTHER VOTING AUTHORITY NAME OF ISSUER ~~AND~~ TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL ~~DISCRETION~~(SOLE) MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- -------------------- ALCOA INC COM 013817101 172 4,375 SH X X 4,375 ALLSTATE CORP COM 020002101 106 2,410 SH X 1,954 456 ALLSTATE CORP COM 020002101 105 2,387 SH X X 387 2,000 AMERICAN ELEC PWR INC COM 025537101 139 3,000 SH X 3,000 AMERICAN ELEC PWR INC COM 025537101 97 2,100 SH X X 1,800 300 AMERICAN EXPRESS CO COM 025816109 363 9,350 SH X 9,350 AMERICAN HOME PRODS CORP COM 026609107 491 8,408 SH X 7,108 1,300 AMERICAN HOME PRODS CORP COM 026609107 99 1,700 SH X X 1,000 700 AMERICAN INTL GROUP INC COM 026874107 390 4,532 SH X 2,558 1,974 AMERICAN INTL GROUP INC COM 026874107 350 4,065 SH X X 4,065 AMGEN INC COM 031162100 7775 1,275 SH X 450 825 ~~AMGEN INC COM 031162100 746 12,300 SH X X 12,300 ANADARKO PETE CORP COM 032511107 70 1,290 SH X 115 1,175 ANADARKO PETE CORP COM 032511107 181 3,350 SH X X 3,350~~ ANHEUSER BUSCH COS INC COM 035229103 ~~157~~159 3,800 SH X 3,800 ~~ANHEUSER BUSCH COS INC COM 035229103 58,708 1,424,954 SH X X 4,800 1,420,154~~ AUTOMATIC DATA PROCESSING COM 053015103 ~~442~~416 8,~~900~~850 SH X 8,~~900~~850 ~~AUTOMATIC DATA PROCESSING COM 053015103 12 250 SH X X 250~~ BP P.L.C. 055622104 ~~369~~274 75,~~410~~582 SH X 64,~~390~~562 1,020 BPBANK ~~P.L.C.~~AMER ~~055622104~~CORP 84060505104 62 1,~~692~~054 SH X X 1,~~692~~004 ~~MCBRIDE~~50 ~~PLC~~COM ~~0574635~~BELLSOUTH 70CORP ~~77,300~~COM SH079860102 X507 ~~X 77~~12,~~300~~192 ~~BANK AMER CORP 060505104 63 1,054~~ SH X 111,~~004~~392 50800 ~~COM~~BRISTOL ~~BANK~~MYERS ~~AMER~~SQUIBB ~~CORP~~CO ~~060505104~~COM ~~146~~110122108 2671 12,~~425~~080 SH X ~~X 2~~11,~~425~~960 ~~COM~~120 ~~BELLSOUTH~~CHEVRON CORP COM ~~079860102~~166751107 ~~500~~338 123,~~424~~988 SH X 113,~~624~~888 ~~800~~100 ~~BELLSOUTH~~CITIGROUP ~~CORP~~INC COM ~~079860102~~172967101 ~~272~~433 610,~~760~~683 SH X ~~X 4~~10,~~760~~250 ~~2,000~~433 -------- PAGE TOTAL 642,~~209~~935

COLUMN 1 ~~AND~~ COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ------------------ ---------- -------- -------------------- INVESTMENT VALUE SHRS OR SH/ PUT/ ~~INVESTMENT~~DISCRETION OTHER VOTING AUTHORITY NAME OF ISSUER ~~AND~~ TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL ~~DISCRETION~~(SOLE) MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- -------------------- ~~BERKSHIRE~~COCA ~~HATHAWAY~~COLA ~~INC~~CO ~~CL-A~~ COM ~~084670108~~191216100 ~~347~~279 5,950 SH X X 5 ~~BOEING CO COM 097023105 197 3~~,~~544~~750 SH200 XCOLGATE ~~3,544~~PALMOLIVE ~~BOEING~~ CO COM ~~097023105~~194162103 395,631 ~~700~~96,662 SH X X96,262 ~~700~~400 ~~BRISTOL~~DELL ~~MYERS~~COMPUTER ~~SQUIBB~~CORP CO COM ~~110122108~~247025109 ~~674~~26 121,~~880~~425 SH X ~~11,760~~ 1,~~120~~425 ~~CHEVRON~~DISNEY ~~CORP~~WALT CO COM ~~166751107~~254687106 ~~370~~11 ~~4,088~~600 SH X ~~3,988~~600 ~~100~~DUKE ~~CHEVRON~~ENERGY CORP COM ~~166751107~~264399106 ~~487~~53 51,~~384~~398 SH X ~~X 5~~1,~~384~~398 ~~CITIGROUP~~ELAN ~~INC~~PLC ~~COM~~ADR ~~172967101~~284131208 ~~528~~24 ~~9,983~~500 SH X ~~9,550~~500 ~~433~~EMERSON ~~CITIGROUP~~ELEC ~~INC~~CO COM ~~172967101~~291011104 ~~406~~580 712,~~691~~335 SH X ~~X 7~~11,~~691~~685 ~~CLEAR~~650 ~~CHANNEL~~EXXON ~~COMMUNICATIONS~~MOBIL ~~INC~~CORP ~~COM~~30231G102 ~~184502102~~1,672 1342,438 ~~200~~ SH X ~~200 CLEAR CHANNEL COMMUNICATIONS INC COM 184502102 217 3~~41,~~456~~042 ~~SH X X 3~~1,~~456~~396 ~~COCA~~COM ~~COLA~~FANNIE COMAE ~~COM~~313586109 ~~191216100~~124 ~~303 6~~1,~~725~~555 SH X 61,~~525~~405 ~~200~~150 ~~COCA~~GENERAL ~~COLA~~ELEC CO COM ~~191216100~~369604103 ~~7 160 SH X X 160 COLGATE PALMOLIVE CO COM 194162103~~ 5,~~702~~822 96156,~~662~~507 SH X 96155,~~262~~907 ~~400~~600 ~~CORP~~GRAINGER ~~INTERAMERICANA~~W ~~ENTER~~W ~~2224347~~INC ~~48 11,700 SH X X 11,700 DELL COMPUTER CORP~~ COM ~~247025109~~384802104 37777 119,~~425~~998 SH X 119,~~425~~998 ~~DELL~~HOME ~~COMPUTER~~DEPOT ~~CORP~~INC COM ~~247025109~~437076102 ~~340~~89 122,~~990~~320 SH X ~~X 12~~1,~~990~~620 ~~DISNEY~~700 ~~WALT CO COM 254687106 23 800 SH X 800~~ -------- PAGE TOTAL 915,~~738~~088

COLUMN 1 ~~AND~~ COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ------------------ ---------- -------- -------------------- INVESTMENT VALUE SHRS OR SH/ PUT/ ~~INVESTMENT~~DISCRETION OTHER VOTING AUTHORITY NAME OF ISSUER ~~AND~~ TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL ~~DISCRETION~~(SOLE) MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- -------------------- ~~DISNEY~~INTEL ~~WALT CO COM 254687106 349 12,097 SH X X 12,097 DOW CHEM CO COM 260543103 378 11,359 SH X X 8,359 3,000 DUKE ENERGY~~ CORP COM ~~264399106~~458140100 ~~113~~297 214,~~898~~509 SH X 113,~~398~~784 ~~1,500~~725 ~~DUKE~~INTERNATIONAL ~~ENERGY~~BUSINESS ~~CORP~~MACHS COM ~~264399106~~459200101 ~~196~~631 56,~~015~~877 SH X ~~X 5~~6,~~015~~202 ~~DUKE-WEEKS~~675 ~~REALTY~~J ~~CORP.~~P ~~264411505~~MORGAN 46CHASE ~~1,850~~& SHCO X46625H100 ~~850~~260 17,~~000~~600 ~~DUKE-WEEKS REALTY CORP. 264411505 169 6,800~~ SH X ~~X 1~~7,~~300~~600 ~~5,500~~COM EJOHNSON M& CJOHNSON ~~CORP MASS~~ COM ~~268648102~~478160104 93285 35,~~200~~138 SH X 14,~~700~~638 1,500 ELIBERTY MMEDIA C CORP ~~MASS~~NEW ~~COM~~SER ~~268648102~~A ~~200~~530718105 ~~6,900~~29 ~~SH X X 6~~2,~~900~~299 ~~ELAN PLC ADR 284131208 31 500~~ SH X ~~500 ELAN PLC ADR 284131208 264 4~~2,~~325~~299 SHCOM XCOM XLILLY ~~4,325~~ELI ~~EMERSON~~& ~~ELEC~~ CO COM ~~291011104~~532457108 ~~767~~240 122,~~685~~975 SH X 112,~~835~~900 ~~850~~75 ~~EMERSON~~LOWES ~~ELEC~~COS COINC COM ~~291011104~~548661107 ~~237~~253 38,~~920~~000 SH X ~~X 820 3~~8,~~100~~000 ~~EXXON~~MBNA ~~MOBIL~~ CORP ~~30231G102 1,486 17,010 SH X 16,312 698~~ COM ~~EXXON~~55262L100 ~~MOBIL~~51 ~~CORP 30231G102~~ 1,~~059~~700 ~~12,126~~ SH X ~~X 11,526 600 COM FANNIE MAE 313586109 132~~ 1,~~555~~200 SH500 XMCDATA ~~1,405~~CORP ~~150~~580031102 ~~FANNIE MAE 313586109 377 4,425 SH X X~~ 3~~,425~~ ~~1,000~~325 ~~GENERAL ELEC CO COM 369604103 2,901 59,512~~ SH X ~~58,912~~325 ~~600~~CL ~~GENERAL~~B ~~ELEC~~MEDTRONIC ~~CO COM 369604103 1,103 22,631 SH X X 22,631 GRAINGER W W~~ INC COM ~~384802104~~585055106 ~~823~~153 193,~~998~~525 SH X ~~19,998 HEWLETT PACKARD CO COM 428236103 228 7,970 SH X 5,730~~ 2,~~240 HEWLETT PACKARD CO COM 428236103 38 1,325 SH X X~~ 900 ~~425~~625 ~~HOME~~MERCK ~~DEPOT~~& ~~INC~~CO ~~COM 437076102 99 2,120 SH X 1,620 500 HOME DEPOT~~ INC COM ~~437076102~~589331107 ~~247~~600 59,~~312~~006 SH X ~~X 5~~8,~~312~~786 ~~INTEL~~220 ~~CORP COM 458140100 453 15,489 SH X 13,264 2,225 INTEL CORP COM 458140100 146 5,000 SH X X 5,000~~ -------- PAGE TOTAL 112,~~935~~802

COLUMN 1 ~~AND~~ COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ------------------ ---------- -------- -------------------- INVESTMENT VALUE SHRS OR SH/ PUT/ ~~INVESTMENT~~DISCRETION OTHER VOTING AUTHORITY NAME OF ISSUER ~~AND~~ TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL ~~DISCRETION~~(SOLE) MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- -------------------- ~~INTERNATIONAL~~MICROSOFT ~~BUSINESS~~CORP ~~MACHS~~ COM ~~459200101~~594918104 ~~878~~214 74,~~769~~177 SH X ~~6,402 1,367 INTERNATIONAL BUSINESS MACHS COM 459200101 360~~ 3,~~190~~877 SH300 XMINNESOTA XMNG ~~2,230 960 J P MORGAN CHASE~~ & MFG CO ~~46625H100 389 8,725 SH X 7,675 1,050~~ COM J604059105 P196 ~~MORGAN CHASE & CO 46625H100 81~~ 1,~~810~~994 SH X X 1,~~810~~994 ~~COM~~NORFOLK ~~JOHNSON~~SOUTHN &CORP ~~JOHNSON~~ COM ~~478160104~~655844108 ~~205~~106 46,~~108~~606 SH X 36,~~658~~606 ~~450~~ORACLE ~~JOHNSON~~CORP ~~& JOHNSON~~ COM ~~478160104~~68389X105 ~~591~~224 1117,~~820~~800 SH X ~~X 1~~17,~~920~~400 ~~9,900~~400 ~~INTERPUMP~~PEPSICO ~~5161407 35 10,200 SH X X 10,200 LILLY ELI & CO COM 532457108 279 3,775 SH X 3,100 675 LILLY ELI & CO COM 532457108 272 3,682 SH X X 3,682 LOWES COS~~ INC COM ~~548661107~~713448108 ~~580~~402 8,~~000~~280 SH X 8,~~000~~280 ~~LOWES~~PFIZER ~~COS~~ INC COM ~~548661107~~717081103 ~~943~~683 1317,~~000~~024 SH X ~~X 13~~15,~~000~~749 ~~LUCENT TECHNOLOGIES INC COM 549463107 37 5~~1,~~960~~275 SHPHILIP XMORRIS ~~5,960~~COMPANIES ~~LUCENT TECHNOLOGIES~~ INC COM ~~549463107~~718154107 2639 ~~4,196~~800 SH X X800 ~~4,196~~PITNEY ~~MBNA~~BOWES ~~CORP~~INC COM ~~55262L100~~724479100 5961 1,~~800~~600 SH X 1,~~200~~ 600 ~~MBNA~~PRIMA ENERGY CORP COM ~~55262L100~~741901201 ~~239~~1,246 756,250 SH X ~~X 7~~56,250 ~~DUCATI~~PROCTER ~~MOTOR~~& ~~HOLDING~~GAMBLE ~~5641534~~CO ~~37 24,600 SH X X 24,600 MCDATA CORP 580031102 5 225 SH X 225 CL B MCDATA CORP 580031102 2,724 124,728 SH X X 124,728 CL B MCDONALDS CORP~~ COM ~~580135101~~742718109 ~~223~~187 ~~8,234 SH X 8,234 MCDONALDS CORP COM 580135101 6 240 SH X X 240 MEDTRONIC INC COM 585055106 162 3,525 SH X~~ 2,~~900~~575 ~~625 MEDTRONIC INC COM 585055106 240 5,220~~ SH X ~~X 5,220 MELLON FINL CORP 58551A108 129~~ 2,~~800~~375 SH200 XQWEST ~~2,500~~COMMUNICATIONS ~~300~~INTL ~~COM~~749121109 ~~MELLON~~75 ~~FINL CORP 58551A108 83 1~~4,~~800~~517 SH X ~~X 1~~3,~~800~~867 ~~COM~~650 ~~MERCK & CO INC COM 589331107 551 8,626 SH X 8,406 220~~ -------- PAGE TOTAL 93,~~134~~433

COLUMN 1 ~~AND~~ COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ------------------ ---------- -------- -------------------- INVESTMENT VALUE SHRS OR SH/ PUT/ ~~INVESTMENT~~DISCRETION OTHER VOTING AUTHORITY NAME OF ISSUER ~~AND~~ TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL ~~DISCRETION~~(SOLE) MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- -------------------- ~~MERCK~~ROYAL &DUTCH PETE CO ~~INC~~N ~~COM~~Y ~~589331107~~REGISTRY ~~99 1,550~~ SH X780257804 X326 ~~450 1~~6,~~100~~484 ~~MICROSOFT CORP COM 594918104 320 4,377~~ SH X 46,~~077~~484 ~~300~~PAR ~~MICROSOFT~~N ~~CORP~~GLDR ~~COM~~1.25 ~~594918104~~SBC 7COMMUNICATIONS ~~100~~INC ~~SH X X 100 MINNESOTA MNG & MFG CO~~ COM ~~604059105~~78387G103 ~~228~~743 115,~~994~~773 SH X 114,~~994~~821 ~~MINNESOTA~~952 ~~MNG~~ST &PAUL ~~MFG~~COS ~~CO COM 604059105 11 100 SH X X 100 MOLEX~~ INC COM ~~608554101~~792860108 ~~205~~49 51,~~605~~200 SH X ~~X 5~~1,~~605~~200 ~~NASDAQ~~SPECTRANETICS ~~100~~CORP ~~SHARES~~ COM ~~631100104~~84760C107 ~~607~~38 1320,~~287 SH X X 13,287 HUNG HING PRINTING GROUP 6445014 33 84,700 SH X X 84,700 LUNG KEE HOLDINGS 6538419 23 117,~~000 SH X ~~X 117~~20,000 ~~NORFOLK~~STATE ~~SOUTHN~~STR CORP COM ~~655844108~~857477103 ~~157~~207 74,~~606~~550 SH X 74,~~606~~300 ~~NORFOLK~~250 ~~SOUTHN~~SYSCO CORP COM ~~655844108~~871829107 71126 34,~~450~~925 SH X ~~X 750 2~~3,~~700~~900 ~~OMNICOM GROUP COM 681919106 69 800 SH X 500 300 OMNICOM GROUP COM 681919106 194 2~~1,~~250~~025 SHTARGET ~~X X 2,250 ORACLE~~ CORP ~~COM~~87612E106 ~~68389X105~~178 ~~230 12~~5,~~096~~600 SH X 115,~~696~~000 ~~400~~600 ~~ORACLE CORP~~ COM ~~68389X105~~TEXACO ~~53 2,800 SH X X 2,800 PEPSICO~~ INC COM ~~713448108~~881694103 ~~348~~290 74,~~880~~460 SH X 73,~~880~~860 ~~PEPSICO~~600 ~~INC~~TYCO INTL LTD COM ~~713448108~~902124106 97108 2,~~200~~364 SH X X 2,~~200~~364 ~~PFIZER~~US ~~INC~~BANCORP ~~COM~~DEL ~~717081103~~NEW ~~966~~902973304 24850 38,~~129~~337 SH X 2233,~~854~~277 15,~~275~~060 ~~PFIZER INC~~ COM ~~717081103~~NEW ~~1,400~~UNITED ~~34,963~~TECHNOLOGIES ~~SH X X 34,963 PHARMACIA~~ CORP ~~71713U102 9 200 SH X 200~~ COM ~~PHARMACIA~~913017109 ~~CORP~~102 ~~71713U102 227 4~~2,~~950~~200 SH X ~~X 4~~2,~~800~~000 ~~150~~200 ~~COM~~VERIZON ~~PHILIP~~COMMUNICATIONS ~~MORRIS~~92343V104 ~~COMPANIES~~655 ~~INC COM 718154107 452 8~~12,~~900~~114 SH X ~~X 1~~12,~~300~~114 ~~7,600 PITNEY BOWES INC~~ COM ~~724479100~~VODAFONE 67GROUP ~~1,600~~PLC SHNEW X92857W100 ~~1,600~~184 ~~PITNEY BOWES INC COM 724479100 357~~ 8,~~465~~395 SH X ~~X 8~~7,~~465~~795 ~~PRIMA~~600 ~~ENERGY~~ADR ~~CORP~~SPONSORED ~~COM 741901201 1,497 62,150 SH X 62,150~~ -------- PAGE TOTAL 73,~~727~~856

COLUMN 1 ~~AND~~ COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ------------------ ---------- -------- -------------------- INVESTMENT VALUE SHRS OR SH/ PUT/ ~~INVESTMENT~~DISCRETION OTHER VOTING AUTHORITY NAME OF ISSUER ~~AND~~ TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL ~~DISCRETION~~(SOLE) MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- -------------------- ~~PROCTER~~WACHOVIA &CORP ~~GAMBLE~~929903102 CO246 ~~COM 742718109 120 1~~7,~~875~~950 SH X 17,~~675~~750 200 ~~PROCTER & GAMBLE CO~~ COM ~~742718109~~WELLS 84FARGO ~~1,320 SH X X 1,320 QWEST COMMUNICATIONS INTL 749121109 122 3,819 SH X 3,169 650 QWEST COMMUNICATIONS INTL 749121109 180 5,644 SH X X 5,644 ROYAL DUTCH PETE~~ CO ~~N Y REGISTRY SH 780257804 339 5,824 SH X 5,824 PAR N GLDR 1.25 ROYAL DUTCH PETE CO N Y REGISTRY SH 780257804 96 1,650 SH X X 1,650 PAR N GLDR 1.25 SBC COMMUNICATIONS INC~~ COM ~~78387G103~~949746101 ~~715~~23 ~~17,857~~525 SH X ~~16,805~~300 ~~1,052~~225 ~~SBC~~XCEL ~~COMMUNICATIONS~~ENERGY INC ~~COM~~98389B100 ~~78387G103~~41 568 14,188 SH X X 10,899 3,289 SAFEWAY INC COM NEW 786514208 278 5,800 SH X X 5,800 ST PAUL COS INC COM 792860108 127 2,500 SH X 2,500 ST PAUL COS INC COM 792860108 610 12,025 SH X X 12,025 SARA LEE CORP COM 803111103 229 12,100 SH X 9,100 3,000 SPECTRANETICS CORP COM 84760C107 51 20,000 SH X 20,000 STATE STR CORP COM 857477103 250 5,050 SH X 4,800 250 STRYKER CORP COM 863667101 203 3,704 SH X 2,704 1,~~000~~440 ~~SYSCO CORP COM 871829107 134 4,925~~ SH X ~~3,900~~200 1,025 SYSCO CORP COM 871829107 176 6,465 SH X X 6,465 TARGET CORP 87612E106 208 6,000 SH X 5,000 1,000 COM TARGET CORP 87612E106 145 4,180 SH X X 4,180 COM TEXACO INC COM 881694103 297 4,460 SH X 3,860 600 TEXACO INC COM 881694103 60 900 SH X X 900 TYCO INTL LTD COM 902124106 59 1,084 SH X 1,084 TYCO INTL LTD COM 902124106 177 3,240 ~~SH X X 3,240 US BANCORP DEL NEW 902973304 874 38,337 SH X 33,277 5,060~~ COM ~~NEW US BANCORP DEL NEW 902973304 26 1,131 SH X X 1,131 COM NEW~~ -------- PAGE TOTAL 6310 FINAL TOTALS 30,~~128~~602

COLUMN 1 AND COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------------------------------- --------- -------- ------------------ ---------- -------- -------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER AND TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------------------------------- --------- -------- ------- --- ---- ---------- -------- -------------------- UNITED TECHNOLOGIES CORP COM 913017109 161 2,200 SH X 2,000 200 UNITED TECHNOLOGIES CORP COM 913017109 256 3,500 SH X X 3,500 VERIZON COMMUNICATIONS 92343V104 712 13,308 SH X 13,308 COM VERIZON COMMUNICATIONS 92343V104 647 12,090 SH X X 9,541 2,549 COM VODAFONE GROUP PLC NEW 92857W100 188 8,395 SH X 7,795 600 ADR SPONSORED VODAFONE GROUP PLC NEW 92857W100 150 6,720 SH X X 3,970 2,750 ADR SPONSORED WACHOVIA CORP NEW COM 929771103 374 5,250 SH X 5,250 WALGREEN CO COM 931422109 91 2,675 SH X 2,075 600 WALGREEN CO COM 931422109 116 3,400 SH X X 3,400 WELLS FARGO CO COM 949746101 24 525 SH X 300 225 WELLS FARGO CO COM 949746101 4,658 100,329 SH X X 99,329 1,000 XCEL ENERGY INC 98389B100 77 2,706 SH X 1,466 1,240 COM XCEL ENERGY INC 98389B100 243 8,542 SH X X 7,419 682 441 COM -------- PAGE TOTAL 7,697 FINAL TOTALS 119,741

Filing Compare · COLORADO STATE BANK & TRUST