UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: 6/30/99
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: MICHAEL S. COMPTON
ADDRESS: PIONEER TRUST BANK
P.O. BOX 2305
SALEM, OR 97308
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: BRYAN STRUVE
TITLE: TRUST OFFICER & OPERATIONS MGR
PHONE: (503)363-3136
SIGNATURE,PLACE,AND DATE OF SIGNING:
BRYAN STRUVE SALEM, OR 7/12/99
REPORT TYPE (CHECK ONLY ONE.):
( X) 13F HOLDINGS REPORT
( ) 13F NOTICE
( ) 13F COMBINATION REPORT
LIST OF OTHER MANAGERS REPORTING FOR THIS MANAGER:
NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 129
FORM 13F INFORMATION TABLE VALUE TOTAL: $179,108
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
A T & T CORP COM COMMON STOCK 001957109 292 5237 SH SOLE 5237 0 0
A T & T CORP COM COMMON STOCK 001957109 244 4373 SH OTHER 4373 0 0
ABBOTT LABS COM COMMON STOCK 002824100 2131 46960 SH SOLE 46960 0 0
ABBOTT LABS COM COMMON STOCK 002824100 336 7400 SH OTHER 7400 0 0
ALLIED SIGNAL INC COM COMMON STOCK 019512102 202 3200 SH SOLE 3200 0 0
ALLIED SIGNAL INC COM COMMON STOCK 019512102 315 5000 SH OTHER 5000 0 0
AMERICAN HOME PRODS CORP COM COMMON STOCK 026609107 6823 118928 SH SOLE 118928 0 0
AMERICAN HOME PRODS CORP COM COMMON STOCK 026609107 765 13340 SH OTHER 13340 0 0
AMERITECH CORP NEW COM COMMON STOCK 030954101 724 9844 SH SOLE 9844 0 0
AMERITECH CORP NEW COM COMMON STOCK 030954101 149 2032 SH OTHER 2032 0 0
AON CORP COM COMMON STOCK 037389103 4107 99558 SH SOLE 99558 0 0
AON CORP COM COMMON STOCK 037389103 18 432 SH OTHER 432 0 0
BANK AMER CORP COM COMMON STOCK 060505104 3473 47372 SH SOLE 47372 0 0
BANK AMER CORP COM COMMON STOCK 060505104 763 10414 SH OTHER 10414 0 0
BANK NEW YORK INC COM COMMON STOCK 064057102 386 10526 SH SOLE 10526 0 0
BANK NEW YORK INC COM COMMON STOCK 064057102 169 4600 SH OTHER 4600 0 0
BELL ATLANTIC CORP COM COMMON STOCK 077853109 1840 28142 SH SOLE 28142 0 0
BELL ATLANTIC CORP COM COMMON STOCK 077853109 410 6274 SH OTHER 6274 0 0
BELLSOUTH CORP COM COMMON STOCK 079860102 3733 80932 SH SOLE 80932 0 0
BELLSOUTH CORP COM COMMON STOCK 079860102 601 13022 SH OTHER 13022 0 0
BERKSHIRE HATHAWAY INC DEL COM COMMON STOCK 084670207 2336 1043 SH SOLE 1043 0 0
BERKSHIRE HATHAWAY INC DEL COM COMMON STOCK 084670207 688 307 SH OTHER 307 0 0
BESTFOODS COM COMMON STOCK 08658U101 2217 44780 SH SOLE 44780 0 0
BESTFOODS COM COMMON STOCK 08658U101 564 11390 SH OTHER 11390 0 0
BMC SOFTWARE INC COM COMMON STOCK 055921100 207 3835 SH SOLE 3835 0 0
BOEING CO COM COMMON STOCK 097023105 1902 43230 SH SOLE 43230 0 0
BOEING CO COM COMMON STOCK 097023105 650 14780 SH OTHER 14780 0 0
BP AMOCO PLC SPONSORED ADR COMMON STOCK 055622104 5000 46079 SH SOLE 46079 0 0
BP AMOCO PLC SPONSORED ADR COMMON STOCK 055622104 990 9125 SH OTHER 9125 0 0
BRISTOL MYERS SQUIBB CO COM COMMON STOCK 110122108 268 3800 SH SOLE 3800 0 0
BRISTOL MYERS SQUIBB CO COM COMMON STOCK 110122108 394 5600 SH OTHER 5600 0 0
CHASE MANHATTAN CORP NEW COM COMMON STOCK 16161A108 293 3390 SH SOLE 3390 0 0
CHEVRON CORP COM COMMON STOCK 166751107 914 9611 SH SOLE 9611 0 0
CHEVRON CORP COM COMMON STOCK 166751107 117 1234 SH OTHER 1234 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 683 10600 SH SOLE 10600 0 0
CISCO SYS INC COM COMMON STOCK 17275R102 387 6000 SH OTHER 6000 0 0
CITIGROUP INC COM COMMON STOCK 172967101 421 8862 SH SOLE 8862 0 0
DAYTON HUDSON CORP COM COMMON STOCK 239753106 448 6890 SH SOLE 6890 0 0
DAYTON HUDSON CORP COM COMMON STOCK 239753106 221 3400 SH OTHER 3400 0 0
E I DU PONT DE NEMOURS & CO CO COMMON STOCK 263534109 2219 32478 SH SOLE 32478 0 0
E I DU PONT DE NEMOURS & CO CO COMMON STOCK 263534109 463 6774 SH OTHER 6774 0 0
ELECTRONIC DATA SYSTEMS CORP C COMMON STOCK 285661104 147 2600 SH SOLE 2600 0 0
ELECTRONIC DATA SYSTEMS CORP C COMMON STOCK 285661104 163 2880 SH OTHER 2880 0 0
EMERSON ELECTRIC CO COM COMMON STOCK 291011104 1840 29240 SH SOLE 29240 0 0
EMERSON ELECTRIC CO COM COMMON STOCK 291011104 88 1400 SH OTHER 1400 0 0
EQUIFAX INC COM COMMON STOCK 294429105 6078 170320 SH SOLE 170320 0 0
EQUIFAX INC COM COMMON STOCK 294429105 424 11885 SH OTHER 11885 0 0
EXXON CORP COM COMMON STOCK 302290101 6097 79059 SH SOLE 79059 0 0
EXXON CORP COM COMMON STOCK 302290101 1173 15204 SH OTHER 15204 0 0
FORTUNE BRANDS INC COM COMMON STOCK 349631101 287 6942 SH SOLE 6942 0 0
FORTUNE BRANDS INC COM COMMON STOCK 349631101 64 1550 SH OTHER 1550 0 0
GENERAL ELEC CO COM COMMON STOCK 369604103 10429 92291 SH SOLE 92291 0 0
GENERAL ELEC CO COM COMMON STOCK 369604103 2723 24095 SH OTHER 24095 0 0
GTE CORPORATION COM COMMON STOCK 362320103 654 8659 SH SOLE 8659 0 0
GTE CORPORATION COM COMMON STOCK 362320103 68 900 SH OTHER 900 0 0
HEINZ H J CO COM COMMON STOCK 423074103 323 6450 SH SOLE 6450 0 0
HEINZ H J CO COM COMMON STOCK 423074103 193 3844 SH OTHER 3844 0 0
HEWLETT PACKARD CO COM COMMON STOCK 428236103 6304 62728 SH SOLE 62728 0 0
HEWLETT PACKARD CO COM COMMON STOCK 428236103 843 8385 SH OTHER 8385 0 0
INTEL CORP COM COMMON STOCK 458140100 5845 98232 SH SOLE 98232 0 0
INTEL CORP COM COMMON STOCK 458140100 520 8740 SH OTHER 8740 0 0
INTERNATIONAL BUSINESS MACHS C COMMON STOCK 459200101 390 3020 SH SOLE 3020 0 0
INTERNATIONAL BUSINESS MACHS C COMMON STOCK 459200101 606 4690 SH OTHER 4690 0 0
JOHNSON & JOHNSON COM COMMON STOCK 478160104 3433 35026 SH SOLE 35026 0 0
JOHNSON & JOHNSON COM COMMON STOCK 478160104 470 4800 SH OTHER 4800 0 0
KELLOGG CO COM COMMON STOCK 487836108 294 8900 SH SOLE 8900 0 0
KELLOGG CO COM COMMON STOCK 487836108 421 12744 SH OTHER 12744 0 0
KEYCORP NEW COM COMMON STOCK 493267108 3559 110776 SH SOLE 110776 0 0
KEYCORP NEW COM COMMON STOCK 493267108 71 2214 SH OTHER 2214 0 0
LILLY ELI & CO COM COMMON STOCK 532457108 294 4110 SH SOLE 4110 0 0
LILLY ELI & CO COM COMMON STOCK 532457108 82 1150 SH OTHER 1150 0 0
LUCENT TECHNOLOGIES INC COM COMMON STOCK 549463107 8701 129030 SH SOLE 129030 0 0
LUCENT TECHNOLOGIES INC COM COMMON STOCK 549463107 1609 23864 SH OTHER 23864 0 0
MCCORMICK & CO INC COM NON VTG COMMON STOCK 579780206 631 20000 SH OTHER 20000 0 0
MCI WORLDCOM INC COM COMMON STOCK 55268B106 726 8440 SH SOLE 8440 0 0
MCI WORLDCOM INC COM COMMON STOCK 55268B106 312 3620 SH OTHER 3620 0 0
MERCK & CO INC COM COMMON STOCK 589331107 7111 96588 SH SOLE 96588 0 0
MERCK & CO INC COM COMMON STOCK 589331107 1104 15000 SH OTHER 15000 0 0
MICROSOFT CORP COM COMMON STOCK 594918104 752 8340 SH SOLE 8340 0 0
MICROSOFT CORP COM COMMON STOCK 594918104 968 10730 SH OTHER 10730 0 0
MINNESOTA MNG & MFG CO COM COMMON STOCK 604059105 225 2584 SH SOLE 2584 0 0
MINNESOTA MNG & MFG CO COM COMMON STOCK 604059105 40 462 SH OTHER 462 0 0
MOBIL CORP COM COMMON STOCK 607059102 246 2490 SH SOLE 2490 0 0
MOBIL CORP COM COMMON STOCK 607059102 79 800 SH OTHER 800 0 0
MONTANA PWR CO COM COMMON STOCK 612085100 317 4500 SH SOLE 4500 0 0
MOTOROLA INC COM COMMON STOCK 620076109 2005 21157 SH SOLE 21157 0 0
MOTOROLA INC COM COMMON STOCK 620076109 28 300 SH OTHER 300 0 0
NORFOLK SOUTHN CORP COM COMMON STOCK 655844108 999 33150 SH SOLE 33150 0 0
NORFOLK SOUTHN CORP COM COMMON STOCK 655844108 189 6275 SH OTHER 6275 0 0
NUCOR CORP COM COMMON STOCK 670346105 1867 39365 SH SOLE 39365 0 0
NUCOR CORP COM COMMON STOCK 670346105 211 4450 SH OTHER 4450 0 0
PACIFICORP COM COMMON STOCK 695114108 395 21481 SH SOLE 21481 0 0
PACIFICORP COM COMMON STOCK 695114108 82 4476 SH OTHER 4476 0 0
PEPSICO INC COM COMMON STOCK 713448108 3623 93647 SH SOLE 93647 0 0
PEPSICO INC COM COMMON STOCK 713448108 633 16350 SH OTHER 16350 0 0
PFIZER INC COM COMMON STOCK 717081103 3580 98544 SH SOLE 98544 0 0
PFIZER INC COM COMMON STOCK 717081103 1711 47100 SH OTHER 47100 0 0
PHILIP MORRIS COS INC COM COMMON STOCK 718154107 109 2700 SH SOLE 2700 0 0
PHILIP MORRIS COS INC COM COMMON STOCK 718154107 316 7860 SH OTHER 7860 0 0
PRECISION CASTPARTS CORP COM COMMON STOCK 740189105 328 7710 SH SOLE 7710 0 0
PROCTER & GAMBLE CO COM COMMON STOCK 742718109 5580 62524 SH SOLE 62524 0 0
PROCTER & GAMBLE CO COM COMMON STOCK 742718109 1093 12242 SH OTHER 12242 0 0
PROVIDIAN FINL CORP COM COMMON STOCK 74406A102 224 2400 SH SOLE 2400 0 0
RALSTON-RALSTON PURINA GROUP C COMMON STOCK 751277302 343 11283 SH SOLE 11283 0 0
SAFECO CORP COM COMMON STOCK 786429100 3695 83730 SH SOLE 83730 0 0
SAFECO CORP COM COMMON STOCK 786429100 535 12114 SH OTHER 12114 0 0
SARA LEE CORP COM COMMON STOCK 803111103 342 15060 SH SOLE 15060 0 0
SBC COMMUNICATIONS INC COM COMMON STOCK 78387G103 661 11400 SH SOLE 11400 0 0
SBC COMMUNICATIONS INC COM COMMON STOCK 78387G103 197 3400 SH OTHER 3400 0 0
SCHLUMBERGER LTD COM COMMON STOCK 806857108 3017 47375 SH SOLE 47375 0 0
SCHLUMBERGER LTD COM COMMON STOCK 806857108 652 10242 SH OTHER 10242 0 0
SPRINT CORP COM COMMON STOCK 852061100 202 3804 SH SOLE 3804 0 0
STANCORP FINL GROUP INC COM COMMON STOCK 852891100 584 19479 SH SOLE 19479 0 0
TYCO INTL LTD NEW COM COMMON STOCK 902124106 779 8222 SH SOLE 8222 0 0
TYCO INTL LTD NEW COM COMMON STOCK 902124106 177 1870 SH OTHER 1870 0 0
UNITED HEALTHCARE CORP COM COMMON STOCK 910581107 172 2750 SH SOLE 2750 0 0
UNITED HEALTHCARE CORP COM COMMON STOCK 910581107 237 3790 SH OTHER 3790 0 0
US BANCORP DEL NEW COM COMMON STOCK 902973106 5604 167909 SH SOLE 167909 0 0
US BANCORP DEL NEW COM COMMON STOCK 902973106 1188 35601 SH OTHER 35601 0 0
VALMONT INDS INC COM COMMON STOCK 920253101 3205 188189 SH SOLE 188189 0 0
WAL MART STORES INC COM COMMON STOCK 931142103 5756 119294 SH SOLE 119294 0 0
WAL MART STORES INC COM COMMON STOCK 931142103 151 3126 SH OTHER 3126 0 0
WASHINGTON MUT INC COM COMMON STOCK 939322103 820 23049 SH SOLE 23049 0 0
WASHINGTON MUT INC COM COMMON STOCK 939322103 342 9603 SH OTHER 9603 0 0
WELLS FARGO & CO NEW COM COMMON STOCK 949746101 133 3110 SH SOLE 3110 0 0
WELLS FARGO & CO NEW COM COMMON STOCK 949746101 339 7920 SH OTHER 7920 0 0
WEST COAST BANCORP ORE COM COMMON STOCK 952145100 691 39494 SH SOLE 39494 0 0
WEST COAST BANCORP ORE COM COMMON STOCK 952145100 483 27621 SH OTHER 27621 0 0
WILLAMETTE INDS INC COM COMMON STOCK 969133107 263 5700 SH SOLE 5700 0 0
</TABLE>
