[DESCRIPTION] FORM 13F
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 03/31/2000
Check here if Amendment [ ] Amendment Number:
This Amendment [ ] is a restatement
[ ] adds new holding entries
Institutional Investment Manager Filing this Report:
Name: INVESTORS TRUST COMPANY
Address: 2201 RIDGEWOOD ROAD #180
WYOMISSING, PA 19610
13F File Number: 28-68520
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 intergral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: James D. King
Title: Senior Vice President
Phone: 610-371-2088
Signature, Place, and Date of Signing:
James D. King Wyomissing, PA 04/27/2000
Report Type (Check only one)
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
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: 198
Form 13F Information Table Value Total: $ 266,891
List of Other Included Managers:
NONE
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
TITLE VALUE SHARES/ SH/ PUT/
NAME OF ISSUER OF CLASS CUSIP (X $1000) PRN AMOUNT PRN CALL
SECURITY NAME SUBCLASS
AT&T CORP Domestic Common 001957109 868 15422 SH
AT&T CORP Domestic Common 001957109 17 300 SH
AT&T CORP Domestic Common 001957109 168 2987 SH
AT&T CORP Corporate Bonds 001957AV1 3834 4235000 PRN
AT&T CORP Corporate Bonds 001957AV1 77 85000 PRN
AT&T CORP Corporate Bonds 001957AV1 281 310000 PRN
ABBOTT LABS Domestic Common 002824100 313 8882 SH
ABBOTT LABS Domestic Common 002824100 19 550 SH
ADVANCED MICRO DEVICES Domestic Common 007903107 228 4000 SH
ALLERGAN INC Domestic Common 018490102 296 5919 SH
ALLIED IRISH BKS PLC SPON Foreign Common 019228402 580 30049 SH
ALLIED IRISH BKS PLC SPON Foreign Common 019228402 70 3600 SH
AMERICA FIRST MORTGAGE INVST Domestic Common 023934102 70 12841 SH
AMERICAN EXPRESS CO Domestic Common 025816109 4816 32335 SH
AMERICAN EXPRESS CO Domestic Common 025816109 7 46 SH
AMERICAN EXPRESS CO Domestic Common 025816109 539 3616 SH
AMERICAN HOME PRODS CORP Domestic Common 026609107 240 4464 SH
AMERICAN HOME PRODS CORP Domestic Common 026609107 856 15934 SH
AMERICAN INTERNATIONAL GROUP INC Domestic Common 026874107 5252 47968 SH
AMERICAN INTERNATIONAL GROUP INC Domestic Common 026874107 7 68 SH
AMERICAN INTERNATIONAL GROUP INC Domestic Common 026874107 676 6169 SH
ATLANTIC RICHFIELD CO Domestic Common 048825103 151 1780 SH
ATLANTIC RICHFIELD CO Domestic Common 048825103 17 200 SH
ATLANTIC RICHFIELD CO Domestic Common 048825103 89 1050 SH
BP AMOCO PLC Foreign Common 055622104 112 2096 SH
BP AMOCO PLC Foreign Common 055622104 1686 31666 SH
BELL ATLANTIC CORP Domestic Common 077853109 1062 17368 SH
BELL ATLANTIC CORP Domestic Common 077853109 86 1400 SH
BELL ATLANTIC CORP Domestic Common 077853109 898 14686 SH
BELLSOUTH CORP Domestic Common 079860102 7923 169031 SH
BELLSOUTH CORP Domestic Common 079860102 38 818 SH
BELLSOUTH CORP Domestic Common 079860102 1168 24910 SH
BRISTOL MYERS SQUIBB CO Domestic Common 110122108 91 1564 SH
BRISTOL MYERS SQUIBB CO Domestic Common 110122108 232 4000 SH
CIGNA CORP Domestic Common 125509109 5649 74574 SH
CIGNA CORP Domestic Common 125509109 8 109 SH
CIGNA CORP Domestic Common 125509109 633 8363 SH
CARDINAL HEALTH INC Domestic Common 14149Y108 6136 133749 SH
CARDINAL HEALTH INC Domestic Common 14149Y108 9 195 SH
CARDINAL HEALTH INC Domestic Common 14149Y108 663 14445 SH
CAROLINA POWER & LIGHT Domestic Common 144141108 4129 127286 SH
CAROLINA POWER & LIGHT Domestic Common 144141108 23 717 SH
CAROLINA POWER & LIGHT Domestic Common 144141108 428 13190 SH
CISCO SYSTEMS INC Domestic Common 17275R102 240 3100 SH
CISCO SYSTEMS INC Domestic Common 17275R102 278 3600 SH
CITIGROUP INC Domestic Common 172967101 310 5175 SH
CITIGROUP INC Domestic Common 172967101 34 562 SH
CITIGROUP INC Domestic Common 172967101 34 564 SH
COCA COLA CO Domestic Common 191216100 3568 76009 SH
COCA COLA CO Domestic Common 191216100 5 107 SH
COCA COLA CO Domestic Common 191216100 453 9645 SH
COLGATE PALMOLIVE CO Domestic Common 194162103 56 1000 SH
COLGATE PALMOLIVE CO Domestic Common 194162103 658 11672 SH
CONESTOGA ENTERPRISES Domestic Common 207015108 35 1575 SH
CONESTOGA ENTERPRISES Domestic Common 207015108 261 11830 SH
CONOCO INC Corporate Bonds 208251AD0 4248 4520000 PRN
CONOCO INC Corporate Bonds 208251AD0 75 80000 PRN
CONOCO INC Corporate Bonds 208251AD0 371 395000 PRN
CONSOLIDATED EDISION INC Domestic Common 209115104 248 8500 SH
DELAWARE ST Municipal Bonds 246380QG7 632 660000 PRN
DELAWARE ST Municipal Bonds 246380QG7 254 265000 PRN
DOW CHEM CO Domestic Common 260543103 148 1299 SH
DOW CHEM CO Domestic Common 260543103 117 1022 SH
E I DU PONT DE NEMOURS CO Domestic Common 263534109 4457 84193 SH
E I DU PONT DE NEMOURS CO Domestic Common 263534109 6 113 SH
E I DU PONT DE NEMOURS CO Domestic Common 263534109 667 12608 SH
EMC CORPORATION Domestic Common 268648102 7999 63483 SH
EMC CORPORATION Domestic Common 268648102 11 89 SH
EMC CORPORATION Domestic Common 268648102 1001 7942 SH
EATON CORP Domestic Common 278058102 318 4080 SH
EATON CORP Domestic Common 278058102 47 600 SH
ELECTRONIC DATA SYS CORP Domestic Common 285661104 264 4112 SH
ELECTRONIC DATA SYS CORP Domestic Common 285661104 18 281 SH
EXXON MOBIL CORPORATION Domestic Common 30231G102 7203 92426 SH
EXXON MOBIL CORPORATION Domestic Common 30231G102 29 367 SH
EXXON MOBIL CORPORATION Domestic Common 30231G102 1689 21676 SH
FEDERAL NATIONAL MTG ASN Domestic Common 313586109 5675 100339 SH
FEDERAL NATIONAL MTG ASN Domestic Common 313586109 25 446 SH
FEDERAL NATIONAL MTG ASN Domestic Common 313586109 603 10652 SH
FIRST UNION CORP Domestic Common 337358105 5180 139057 SH
FIRST UNION CORP Domestic Common 337358105 13 350 SH
FIRST UNION CORP Domestic Common 337358105 1555 41734 SH
FORD MOTOR CO Domestic Common 345370100 232 5048 SH
FORD MOTOR CO Domestic Common 345370100 204 4448 SH
GTE CORP Domestic Common 362320103 6328 89124 SH
GTE CORP Domestic Common 362320103 9 125 SH
GTE CORP Domestic Common 362320103 978 13774 SH
GATEWAY INC Domestic Common 367626108 5037 91585 SH
GATEWAY INC Domestic Common 367626108 7 132 SH
GATEWAY INC Domestic Common 367626108 616 11201 SH
GENERAL ELECTRIC CO Domestic Common 369604103 9336 59991 SH
GENERAL ELECTRIC CO Domestic Common 369604103 73 468 SH
GENERAL ELECTRIC CO Domestic Common 369604103 3017 19384 SH
GENERAL MOTORS CORP Domestic Common 370442105 477 5763 SH
GENERAL MOTORS CORP Domestic Common 370442105 266 3211 SH
HRPT PROPERTIES TRUST Domestic Common 40426W101 188 21650 SH
HEWLETT PACKARD CO Domestic Common 428236103 3031 22862 SH
HEWLETT PACKARD CO Domestic Common 428236103 5 34 SH
HEWLETT PACKARD CO Domestic Common 428236103 305 2304 SH
HIGH INCOME OPPORTUNITY FD INC Mutual Funds--I 42967Q105 113 13138 SH
HOME DEPOT INC Domestic Common 437076102 2374 36808 SH
HOME DEPOT INC Domestic Common 437076102 42 650 SH
HOME DEPOT INC Domestic Common 437076102 511 7923 SH
ICN PHARMACEUTICALS INC Domestic Common 448924100 349 12814 SH
INTEL CORP Domestic Common 458140100 637 4830 SH
INTEL CORP Domestic Common 458140100 106 800 SH
INTEL CORP Domestic Common 458140100 156 1184 SH
INTERNATIONAL BUS MACHS CORP Domestic Common 459200101 6836 57934 SH
INTERNATIONAL BUS MACHS CORP Domestic Common 459200101 10 81 SH
INTERNATIONAL BUS MACHS CORP Domestic Common 459200101 1025 8690 SH
INTERNATIONAL PAPER CO Domestic Common 460146103 107 2500 SH
INTERNATIONAL PAPER CO Domestic Common 460146103 428 10000 SH
JOHNSON & JOHNSON Domestic Common 478160104 150 2142 SH
JOHNSON & JOHNSON Domestic Common 478160104 14 200 SH
JOHNSON & JOHNSON Domestic Common 478160104 255 3635 SH
LONGVIEW FIBRE COMPANY Domestic Common 543213102 767 52000 SH
LUCENT TECHNOLOGIES INC Domestic Common 549463107 729 11758 SH
LUCENT TECHNOLOGIES INC Domestic Common 549463107 28 452 SH
LUCENT TECHNOLOGIES INC Domestic Common 549463107 196 3169 SH
MCI WORLDCOM INC Domestic Common 55268B106 106 2340 SH
MCI WORLDCOM INC Domestic Common 55268B106 189 4161 SH
MANAGED HIGH INCOME PORTF INC Mutual Funds--I 56166C105 7 850 SH
MANAGED HIGH INCOME PORTF INC Mutual Funds--I 56166C105 82 9999 SH
MCGRAW HILL COS INC Domestic Common 580645109 6387 140373 SH
MCGRAW HILL COS INC Domestic Common 580645109 9 203 SH
MCGRAW HILL COS INC Domestic Common 580645109 692 15201 SH
MERCK & CO INC Domestic Common 589331107 6375 102618 SH
MERCK & CO INC Domestic Common 589331107 9 140 SH
MERCK & CO INC Domestic Common 589331107 1109 17850 SH
MICROSOFT CORP Domestic Common 594918104 7846 73841 SH
MICROSOFT CORP Domestic Common 594918104 11 106 SH
MICROSOFT CORP Domestic Common 594918104 842 7927 SH
NASH-FINCH COMPANY Domestic Common 631158102 260 32000 SH
NATIONAL PENN BANCSHARES INC Domestic Common 637138108 11243 555192 SH
NATIONAL PENN BANCSHARES INC Domestic Common 637138108 198 9762 SH
NATIONAL PENN BANCSHARES INC Domestic Common 637138108 6446 318325 SH
NOVACARE INC Domestic Common 669930109 2 10000 SH
OHIO ST PUB FACS COMM Municipal Bonds 677597F84 1116 1170000 PRN
OHIO ST PUB FACS COMM Municipal Bonds 677597F84 315 330000 PRN
ORACLE CORP Domestic Common 68389X105 8541 109412 SH
ORACLE CORP Domestic Common 68389X105 90 1156 SH
ORACLE CORP Domestic Common 68389X105 1057 13546 SH
PECO ENERGY CO Domestic Common 693304107 73 1971 SH
PECO ENERGY CO Domestic Common 693304107 377 10218 SH
PNC BANK CORP Domestic Common 693475105 90 2000 SH
PNC BANK CORP Domestic Common 693475105 318 7063 SH
PPG INDS INC Domestic Common 693506107 560 10700 SH
PPL CORP Domestic Common 69351T106 288 13778 SH
PPL CORP Domestic Common 69351T106 124 5920 SH
PATRIOT BANK CORP PA Domestic Common 70335P103 6677 534139 SH
PFIZER INC Domestic Common 717081103 1429 39078 SH
PFIZER INC Domestic Common 717081103 373 10200 SH
PHILLIPS PETROLEUM CO Domestic Common 718507106 4272 92370 SH
PHILLIPS PETROLEUM CO Domestic Common 718507106 6 131 SH
PHILLIPS PETROLEUM CO Domestic Common 718507106 479 10361 SH
PITNEY BOWES INC Domestic Common 724479100 5747 128614 SH
PITNEY BOWES INC Domestic Common 724479100 8 181 SH
PITNEY BOWES INC Domestic Common 724479100 621 13890 SH
PROCTER & GAMBLE CO Domestic Common 742718109 2756 48775 SH
PROCTER & GAMBLE CO Domestic Common 742718109 9 165 SH
PROCTER & GAMBLE CO Domestic Common 742718109 450 7965 SH
SBC COMMUNICATIONS INC Domestic Common 78387G103 1301 30876 SH
SBC COMMUNICATIONS INC Domestic Common 78387G103 426 10114 SH
SOVEREIGN BANCORP INC Domestic Common 845905108 67 8834 SH
SOVEREIGN BANCORP INC Domestic Common 845905108 13 1676 SH
SUN MICROSYSTEMS INC Domestic Common 866810104 8426 89926 SH
SUN MICROSYSTEMS INC Domestic Common 866810104 12 123 SH
SUN MICROSYSTEMS INC Domestic Common 866810104 1145 12219 SH
SUSQUEHANNA BANCSHARES INC Domestic Common 869099101 373 27000 SH
SWARTHMORE BORO (PA) Municipal Bonds 870000DU7 625 660000 PRN
SWARTHMORE BORO (PA) Municipal Bonds 870000DU7 47 50000 PRN
SWARTHMORE BORO (PA) Municipal Bonds 870000DU7 402 425000 PRN
TELEFLEX INC Domestic Common 879369106 275 7769 SH
TELLABS INC Domestic Common 879664100 4922 78146 SH
TELLABS INC Domestic Common 879664100 8 125 SH
TELLABS INC Domestic Common 879664100 487 7735 SH
TENNESSEE VALLEY AUTH Domestic Prefer 880591102 657 26742 SH
TENNESSEE VALLEY AUTH Domestic Prefer 880591102 12 500 SH
TENNESSEE VALLEY AUTH Domestic Prefer 880591102 90 3680 SH
TEXAS INSTRUMENTS INC Domestic Common 882508104 64 400 SH
TEXAS INSTRUMENTS INC Domestic Common 882508104 320 2000 SH
3 COM CORPORATION Domestic Common 885535104 3708 66654 SH
3 COM CORPORATION Domestic Common 885535104 5 97 SH
3 COM CORPORATION Domestic Common 885535104 388 6977 SH
U.S. WEST INC Domestic Common 91273H101 257 3535 SH
U.S. WEST INC Domestic Common 91273H101 254 3500 SH
UNITED TECHNOLOGIES CORP Domestic Common 913017109 57 900 SH
UNITED TECHNOLOGIES CORP Domestic Common 913017109 248 3920 SH
VODAFONE AIRTOUCH PLC American Deposi 92857T107 373 6720 SH
WAL-MART STORES Domestic Common 931142103 4274 75646 SH
WAL-MART STORES Domestic Common 931142103 6 107 SH
WAL-MART STORES Domestic Common 931142103 541 9575 SH
WALGREEN CO Domestic Common 931422109 4081 158489 SH
WALGREEN CO Domestic Common 931422109 12 474 SH
WALGREEN CO Domestic Common 931422109 477 18511 SH
WARNER LAMBERT CO Domestic Common 934488107 9567 97935 SH
WARNER LAMBERT CO Domestic Common 934488107 14 140 SH
WARNER LAMBERT CO Domestic Common 934488107 1196 12245 SH
NAME OF ISSUER INVSTMT OTHER VOTING AUTHORITY
SECURITY NAME DISCRTN MANAGERS SOLE SHARED NONE
AT&T CORP SOLE 15422
AT&T CORP DEFINED 300
AT&T CORP OTHER 2032
AT&T CORP OTHER 855
AT&T CORP OTHER 100
AT&T CORP SOLE 4235000
AT&T CORP DEFINED 85000
AT&T CORP OTHER 285000
AT&T CORP OTHER 15000
AT&T CORP OTHER 10000
ABBOTT LABS SOLE 8882
ABBOTT LABS OTHER 550
ADVANCED MICRO DEVICES SOLE 4000
ALLERGAN INC SOLE 5919
ALLIED IRISH BKS PLC SPON SOLE 30049
ALLIED IRISH BKS PLC SPON OTHER 3600
AMERICA FIRST MORTGAGE INVST SOLE 12841
AMERICAN EXPRESS CO SOLE 32044
AMERICAN EXPRESS CO SOLE 291
AMERICAN EXPRESS CO DEFINED 46
AMERICAN EXPRESS CO OTHER 3134
AMERICAN EXPRESS CO OTHER 395
AMERICAN EXPRESS CO OTHER 87
AMERICAN HOME PRODS CORP SOLE 4464
AMERICAN HOME PRODS CORP OTHER 15934
AMERICAN INTERNATIONAL GROUP INCSOLE 47523
AMERICAN INTERNATIONAL GROUP INCSOLE 445
AMERICAN INTERNATIONAL GROUP INCDEFINED 68
AMERICAN INTERNATIONAL GROUP INCOTHER 5443
AMERICAN INTERNATIONAL GROUP INCOTHER 595
AMERICAN INTERNATIONAL GROUP INCOTHER 131
ATLANTIC RICHFIELD CO SOLE 1780
ATLANTIC RICHFIELD CO DEFINED 200
ATLANTIC RICHFIELD CO OTHER 650
ATLANTIC RICHFIELD CO OTHER 400
BP AMOCO PLC SOLE 2096
BP AMOCO PLC OTHER 31666
BELL ATLANTIC CORP SOLE 17368
BELL ATLANTIC CORP DEFINED 1400
BELL ATLANTIC CORP OTHER 11678
BELL ATLANTIC CORP OTHER 3008
BELLSOUTH CORP SOLE 167621
BELLSOUTH CORP SOLE 1410
BELLSOUTH CORP DEFINED 818
BELLSOUTH CORP OTHER 22351
BELLSOUTH CORP OTHER 2141
BELLSOUTH CORP OTHER 418
BRISTOL MYERS SQUIBB CO SOLE 1564
BRISTOL MYERS SQUIBB CO OTHER 4000
CIGNA CORP SOLE 73870
CIGNA CORP SOLE 704
CIGNA CORP DEFINED 109
CIGNA CORP OTHER 7084
CIGNA CORP OTHER 1070
CIGNA CORP OTHER 209
CARDINAL HEALTH INC SOLE 132507
CARDINAL HEALTH INC SOLE 1242
CARDINAL HEALTH INC DEFINED 195
CARDINAL HEALTH INC OTHER 12376
CARDINAL HEALTH INC OTHER 1696
CARDINAL HEALTH INC OTHER 373
CAROLINA POWER & LIGHT SOLE 126094
CAROLINA POWER & LIGHT SOLE 1192
CAROLINA POWER & LIGHT DEFINED 717
CAROLINA POWER & LIGHT OTHER 11235
CAROLINA POWER & LIGHT OTHER 1606
CAROLINA POWER & LIGHT OTHER 349
CISCO SYSTEMS INC SOLE 3100
CISCO SYSTEMS INC OTHER 3600
CITIGROUP INC SOLE 5175
CITIGROUP INC DEFINED 562
CITIGROUP INC OTHER 564
COCA COLA CO SOLE 75326
COCA COLA CO SOLE 683
COCA COLA CO DEFINED 107
COCA COLA CO OTHER 8300
COCA COLA CO OTHER 1050
COCA COLA CO OTHER 295
COLGATE PALMOLIVE CO SOLE 1000
COLGATE PALMOLIVE CO OTHER 11672
CONESTOGA ENTERPRISES SOLE 1575
CONESTOGA ENTERPRISES OTHER 6082
CONESTOGA ENTERPRISES OTHER 5748
CONOCO INC SOLE 4520000
CONOCO INC DEFINED 80000
CONOCO INC OTHER 345000
CONOCO INC OTHER 40000
CONOCO INC OTHER 10000
CONSOLIDATED EDISION INC SOLE 8500
DELAWARE ST SOLE 635000
DELAWARE ST SOLE 25000
DELAWARE ST OTHER 125000
DELAWARE ST OTHER 140000
DOW CHEM CO SOLE 1299
DOW CHEM CO OTHER 1022
E I DU PONT DE NEMOURS CO SOLE 83461
E I DU PONT DE NEMOURS CO SOLE 732
E I DU PONT DE NEMOURS CO DEFINED 113
E I DU PONT DE NEMOURS CO OTHER 10595
E I DU PONT DE NEMOURS CO OTHER 1714
E I DU PONT DE NEMOURS CO OTHER 299
EMC CORPORATION SOLE 62896
EMC CORPORATION SOLE 587
EMC CORPORATION DEFINED 89
EMC CORPORATION OTHER 6980
EMC CORPORATION OTHER 788
EMC CORPORATION OTHER 174
EATON CORP SOLE 4080
EATON CORP OTHER 600
ELECTRONIC DATA SYS CORP SOLE 4112
ELECTRONIC DATA SYS CORP OTHER 281
EXXON MOBIL CORPORATION SOLE 90766
EXXON MOBIL CORPORATION SOLE 1660
EXXON MOBIL CORPORATION DEFINED 367
EXXON MOBIL CORPORATION OTHER 17990
EXXON MOBIL CORPORATION OTHER 2490
EXXON MOBIL CORPORATION OTHER 1196
FEDERAL NATIONAL MTG ASN SOLE 99390
FEDERAL NATIONAL MTG ASN SOLE 949
FEDERAL NATIONAL MTG ASN DEFINED 446
FEDERAL NATIONAL MTG ASN OTHER 9101
FEDERAL NATIONAL MTG ASN OTHER 1271
FEDERAL NATIONAL MTG ASN OTHER 280
FIRST UNION CORP SOLE 139057
FIRST UNION CORP DEFINED 350
FIRST UNION CORP OTHER 26451
FIRST UNION CORP OTHER 15283
FORD MOTOR CO SOLE 5048
FORD MOTOR CO OTHER 3795
FORD MOTOR CO OTHER 653
GTE CORP SOLE 88223
GTE CORP SOLE 901
GTE CORP DEFINED 125
GTE CORP OTHER 12440
GTE CORP OTHER 1093
GTE CORP OTHER 241
GATEWAY INC SOLE 90713
GATEWAY INC SOLE 872
GATEWAY INC DEFINED 132
GATEWAY INC OTHER 9731
GATEWAY INC OTHER 1213
GATEWAY INC OTHER 257
GENERAL ELECTRIC CO SOLE 58349
GENERAL ELECTRIC CO SOLE 1642
GENERAL ELECTRIC CO DEFINED 468
GENERAL ELECTRIC CO OTHER 16798
GENERAL ELECTRIC CO OTHER 2395
GENERAL ELECTRIC CO OTHER 191
GENERAL MOTORS CORP SOLE 4763
GENERAL MOTORS CORP SOLE 1000
GENERAL MOTORS CORP OTHER 2711
GENERAL MOTORS CORP OTHER 500
HRPT PROPERTIES TRUST SOLE 21650
HEWLETT PACKARD CO SOLE 22643
HEWLETT PACKARD CO SOLE 219
HEWLETT PACKARD CO DEFINED 34
HEWLETT PACKARD CO OTHER 1887
HEWLETT PACKARD CO OTHER 332
HEWLETT PACKARD CO OTHER 85
HIGH INCOME OPPORTUNITY FD INC OTHER 13138
HOME DEPOT INC SOLE 36475
HOME DEPOT INC SOLE 333
HOME DEPOT INC DEFINED 650
HOME DEPOT INC OTHER 7379
HOME DEPOT INC OTHER 446
HOME DEPOT INC OTHER 98
ICN PHARMACEUTICALS INC SOLE 5000
ICN PHARMACEUTICALS INC SOLE 7814
INTEL CORP SOLE 4830
INTEL CORP DEFINED 800
INTEL CORP OTHER 1184
INTERNATIONAL BUS MACHS CORP SOLE 57410
INTERNATIONAL BUS MACHS CORP SOLE 524
INTERNATIONAL BUS MACHS CORP DEFINED 81
INTERNATIONAL BUS MACHS CORP OTHER 7442
INTERNATIONAL BUS MACHS CORP OTHER 1093
INTERNATIONAL BUS MACHS CORP OTHER 155
INTERNATIONAL PAPER CO SOLE 2500
INTERNATIONAL PAPER CO OTHER 10000
JOHNSON & JOHNSON SOLE 2142
JOHNSON & JOHNSON DEFINED 200
JOHNSON & JOHNSON OTHER 3635
LONGVIEW FIBRE COMPANY OTHER 52000
LUCENT TECHNOLOGIES INC SOLE 11758
LUCENT TECHNOLOGIES INC DEFINED 452
LUCENT TECHNOLOGIES INC OTHER 2338
LUCENT TECHNOLOGIES INC OTHER 736
LUCENT TECHNOLOGIES INC OTHER 95
MCI WORLDCOM INC SOLE 2340
MCI WORLDCOM INC OTHER 4161
MANAGED HIGH INCOME PORTF INC SOLE 850
MANAGED HIGH INCOME PORTF INC OTHER 9999
MCGRAW HILL COS INC SOLE 139023
MCGRAW HILL COS INC SOLE 1350
MCGRAW HILL COS INC DEFINED 203
MCGRAW HILL COS INC OTHER 13232
MCGRAW HILL COS INC OTHER 1580
MCGRAW HILL COS INC OTHER 389
MERCK & CO INC SOLE 101709
MERCK & CO INC SOLE 909
MERCK & CO INC DEFINED 140
MERCK & CO INC OTHER 16361
MERCK & CO INC OTHER 1220
MERCK & CO INC OTHER 269
MICROSOFT CORP SOLE 73161
MICROSOFT CORP SOLE 680
MICROSOFT CORP DEFINED 106
MICROSOFT CORP OTHER 6812
MICROSOFT CORP OTHER 915
MICROSOFT CORP OTHER 200
NASH-FINCH COMPANY OTHER 32000
NATIONAL PENN BANCSHARES INC SOLE 554465
NATIONAL PENN BANCSHARES INC SOLE 727
NATIONAL PENN BANCSHARES INC DEFINED 1088
NATIONAL PENN BANCSHARES INC DEFINED 8674
NATIONAL PENN BANCSHARES INC OTHER 133712
NATIONAL PENN BANCSHARES INC OTHER 83111
NATIONAL PENN BANCSHARES INC OTHER 101502
NOVACARE INC SOLE 10000
OHIO ST PUB FACS COMM SOLE 1150000
OHIO ST PUB FACS COMM SOLE 20000
OHIO ST PUB FACS COMM OTHER 140000
OHIO ST PUB FACS COMM OTHER 190000
ORACLE CORP SOLE 108390
ORACLE CORP SOLE 1022
ORACLE CORP DEFINED 1156
ORACLE CORP OTHER 11802
ORACLE CORP OTHER 1445
ORACLE CORP OTHER 299
PECO ENERGY CO SOLE 1971
PECO ENERGY CO OTHER 10118
PECO ENERGY CO OTHER 100
PNC BANK CORP SOLE 2000
PNC BANK CORP OTHER 7063
PPG INDS INC SOLE 10700
PPL CORP SOLE 13778
PPL CORP OTHER 5380
PPL CORP OTHER 540
PATRIOT BANK CORP PA SOLE 845
PATRIOT BANK CORP PA SOLE 533294
PFIZER INC SOLE 39078
PFIZER INC OTHER 10200
PHILLIPS PETROLEUM CO SOLE 91512
PHILLIPS PETROLEUM CO SOLE 858
PHILLIPS PETROLEUM CO DEFINED 131
PHILLIPS PETROLEUM CO OTHER 8952
PHILLIPS PETROLEUM CO OTHER 1155
PHILLIPS PETROLEUM CO OTHER 254
PITNEY BOWES INC SOLE 127433
PITNEY BOWES INC SOLE 1181
PITNEY BOWES INC DEFINED 181
PITNEY BOWES INC OTHER 11953
PITNEY BOWES INC OTHER 1585
PITNEY BOWES INC OTHER 352
PROCTER & GAMBLE CO SOLE 48351
PROCTER & GAMBLE CO SOLE 424
PROCTER & GAMBLE CO DEFINED 165
PROCTER & GAMBLE CO OTHER 7259
PROCTER & GAMBLE CO OTHER 584
PROCTER & GAMBLE CO OTHER 122
SBC COMMUNICATIONS INC SOLE 30876
SBC COMMUNICATIONS INC OTHER 10114
SOVEREIGN BANCORP INC SOLE 8834
SOVEREIGN BANCORP INC OTHER 1676
SUN MICROSYSTEMS INC SOLE 89113
SUN MICROSYSTEMS INC SOLE 813
SUN MICROSYSTEMS INC DEFINED 123
SUN MICROSYSTEMS INC OTHER 10870
SUN MICROSYSTEMS INC OTHER 1089
SUN MICROSYSTEMS INC OTHER 260
SUSQUEHANNA BANCSHARES INC SOLE 27000
SWARTHMORE BORO (PA) SOLE 640000
SWARTHMORE BORO (PA) SOLE 20000
SWARTHMORE BORO (PA) DEFINED 50000
SWARTHMORE BORO (PA) OTHER 225000
SWARTHMORE BORO (PA) OTHER 200000
TELEFLEX INC SOLE 7769
TELLABS INC SOLE 77338
TELLABS INC SOLE 808
TELLABS INC DEFINED 125
TELLABS INC OTHER 6413
TELLABS INC OTHER 1083
TELLABS INC OTHER 239
TENNESSEE VALLEY AUTH SOLE 26742
TENNESSEE VALLEY AUTH DEFINED 500
TENNESSEE VALLEY AUTH OTHER 2880
TENNESSEE VALLEY AUTH OTHER 250
TENNESSEE VALLEY AUTH OTHER 550
TEXAS INSTRUMENTS INC SOLE 400
TEXAS INSTRUMENTS INC OTHER 2000
3 COM CORPORATION SOLE 66011
3 COM CORPORATION SOLE 643
3 COM CORPORATION DEFINED 97
3 COM CORPORATION OTHER 5926
3 COM CORPORATION OTHER 861
3 COM CORPORATION OTHER 190
U.S. WEST INC SOLE 3535
U.S. WEST INC OTHER 3500
UNITED TECHNOLOGIES CORP SOLE 900
UNITED TECHNOLOGIES CORP OTHER 3920
VODAFONE AIRTOUCH PLC SOLE 6720
WAL-MART STORES SOLE 74958
WAL-MART STORES SOLE 688
WAL-MART STORES DEFINED 107
WAL-MART STORES OTHER 8439
WAL-MART STORES OTHER 931
WAL-MART STORES OTHER 205
WALGREEN CO SOLE 156998
WALGREEN CO SOLE 1491
WALGREEN CO DEFINED 474
WALGREEN CO OTHER 16096
WALGREEN CO OTHER 1979
WALGREEN CO OTHER 436
WARNER LAMBERT CO SOLE 97020
WARNER LAMBERT CO SOLE 915
WARNER LAMBERT CO DEFINED 140
WARNER LAMBERT CO OTHER 10741
WARNER LAMBERT CO OTHER 1232
WARNER LAMBERT CO OTHER 272
</TABLE>
