UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20519
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/00
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: Wilbanks, Smith & Thomas Asset Management, LLC
Address: One Commercial Place
Suite 1450
Norfolk, VA 23510
Form 13F File Number: 28-5226
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: L. Norfleet Smith, Jr.
Title: Principal/Director of Operations
Phone: (757) 623-3676
Signature, Place, and Date of Signing:
Norfolk, VA 01/16/2001
[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: 146
Form 13F Information Table Value Total: $ 722925
(thousands)
List of Other Included Managers: NONE
Provide a numbered list of the names and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
<TABLE>
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Standard Comercial Sub Deb Con CONV 853258aa9 6 10000 PRN SOLE 10000
AT&T Capital Corp. Qtly Pfd. 8 PFD 00206j308 750 30000 SH SOLE 30000
Abn Amro Capital Fund II 7.125 PFD 00371t206 1313 56925 SH SOLE 56925
Armstrong World Prd. 7.45% PFD 042476606 100 20000 SH SOLE 20000
Bear Stearns Cap 7.50% 12/15/2 PFD 07383J209 724 30000 SH SOLE 30000
Bellsouth Cap Fund PFD 079857207 350 14000 SH SOLE 14000
EDF London Cap 8.625% Pfd. Ser PFD 268316205 416 16900 SH SOLE 16900
Hartford Capital II Series B Q PFD 416320208 215 8600 SH SOLE 8600
Lehman Bros Cap. Trust II 7.8 PFD 52518g209 985 40000 SH SOLE 40000
Lincoln National Capital Pfd. PFD 53417p209 940 40000 SH SOLE 40000
MediaOne Financing Pfd B PFD 583938204 280 11800 SH SOLE 11800
Motorola Capital Trust I 6.68% PFD 620074203 712 32000 SH SOLE 32000
NB Capital Trust (BAC) 7.84% PFD 628956203 4899 197945 SH SOLE 197945
Nova Chemicals Corp. 9.04% (01 PFD 66977w307 589 30000 SH SOLE 30000
PWG Capital Trust I 8.30% (12 PFD 69366e201 557 22400 SH SOLE 22400
Public Storage Pfd 8.25% PFD 74460d760 832 33975 SH SOLE 33975
Southern Co. 7.75% Pfd. A PFD 84258t208 402 16100 SH SOLE 16100
Southern Fin'l Cap Tr I PFD 842872202 1075 200000 SH SOLE 200000
TCI 8.72% pf. PFD 872285200 3942 164662 SH SOLE 164662
Talisman Energy 9% Pfd Ser 2/1 PFD 87425e400 500 20000 SH SOLE 20000
Textron Capital I 7.92% (02/09 PFD 883198202 727 30000 SH SOLE 30000
US Bancorp Pfd. 7.2% PFD 90332m200 395 17000 SH SOLE 17000
Unionbancal Finance Tr I 7.375 PFD 90905q109 673 30000 SH SOLE 30000
AES Corporation COM 00130h105 14004 252885 SH SOLE 252885
AFLAC Inc COM 001055102 23158 320799 SH SOLE 320799
ALLTEL Corp COM 020039103 15416 246910 SH SOLE 246910
AT&T Corp COM 001957109 209 12050 SH SOLE 12050
AVX Corp. COM 002444107 169 10300 SH SOLE 10300
Abbott Laboratories COM 002824100 2010 41491 SH SOLE 41491
Aegon N. V. Ord. COM 007924103 1967 47468 SH SOLE 47468
America Online Inc COM 02364j104 477 13700 SH SOLE 13700
American Express COM 025816109 12323 224306 SH SOLE 224306
American Home Products COM 026609107 1107 17417 SH SOLE 17417
American Intl Group COM 026874107 25300 256689 SH SOLE 256689
Aon Corp COM 037389103 625 18260 SH SOLE 18260
Applied Materials COM 038222105 262 6850 SH SOLE 6850
BB&T Corporation COM 054937107 2138 57301 SH SOLE 57301
BP Amoco PLC-Spons ADR COM 055622104 563 11763 SH SOLE 11763
Bank of America Corp. COM 060505104 1835 40009 SH SOLE 40009
Bank of Hampton Roads COM 0624890A8 163 17181 SH SOLE 17181
BellSouth Corp COM 079860102 776 18947 SH SOLE 18947
Berkshire Hathaway Class B COM 084670207 381 162 SH SOLE 162
Bristol Myers Squibb COM 110122108 10986 148587 SH SOLE 148587
COMPAQ Computers COM 204493100 229 15200 SH SOLE 15200
CVS Corp COM 126650100 27221 454150 SH SOLE 454150
Cenit Bancorp Inc COM 15131w109 251 20525 SH SOLE 20525
Centura Banks Inc COM 15640t100 240 4969 SH SOLE 4969
Charles Schwab Corp COM 808513105 1133 39944 SH SOLE 39944
Chase Manhattan Corp COM 16161a108 3278 72145 SH SOLE 72145
Chevron Corp COM 166751107 518 6132 SH SOLE 6132
Cisco Systems COM 17275r102 405 10578 SH SOLE 10578
Citigroup COM 172967101 18109 354638 SH SOLE 354638
Coca Cola Company COM 191216100 782 12838 SH SOLE 12838
Colgate Palmolive Co COM 194162103 1446 22394 SH SOLE 22394
Computer Sciences COM 205363104 204 3400 SH SOLE 3400
Conseco, Inc. COM 208464107 148 11200 SH SOLE 11200
Disney (Walt) Co. COM 254687106 12993 449007 SH SOLE 449007
Dollar Tree Stores COM 256747106 17105 698144 SH SOLE 698144
Du Pont E.I. De Nemours and Co COM 263534109 485 10045 SH SOLE 10045
Duke Energy Corp. COM 264399106 362 4252 SH SOLE 4252
EMC Corp. COM 268648102 1742 26188 SH SOLE 26188
Eli Lilly COM 532457108 270 2900 SH SOLE 2900
Emerson Electric Co COM 291011104 15972 202652 SH SOLE 202652
Enron Corp. COM 293561106 474 5700 SH SOLE 5700
Ericsson L M Tel Co Cl B ADS COM 294821400 134 12000 SH SOLE 12000
Exxon Mobil Corporation COM 30231G102 22857 262915 SH SOLE 262915
Federal Natl Mtg Assoc COM 313586109 20906 240988 SH SOLE 240988
First Data Corp. COM 319963104 19565 371345 SH SOLE 371345
Fortune Brands (formerly Amer. COM 349631101 551 18367 SH SOLE 18367
General Electric COM 369604103 10537 219817 SH SOLE 219817
Gillette Co COM 375766102 219 6050 SH SOLE 6050
Hewlett-Packard Company COM 428236103 1012 32050 SH SOLE 32050
Home Depot COM 437076102 246 5389 SH SOLE 5389
Honeywell International Inc. COM 438516106 612 12930 SH SOLE 12930
Intel Corporation COM 458140100 14374 478132 SH SOLE 478132
International Business Machine COM 459200101 353 4150 SH SOLE 4150
Internet Cable Corp COM 46057x102 86 115000 SH SOLE 115000
J. P. Morgan & Co. COM 616880100 215 1300 SH SOLE 1300
Jefferson-Pilot Corporation COM 475070108 1851 24764 SH SOLE 24764
Johnson & Johnson COM 478160104 18082 172102 SH SOLE 172102
Kimberly-Clark COM 494368103 5424 76735 SH SOLE 76735
Knight Trading Group COM 499063105 422 30265 SH SOLE 30265
Loews Corp COM 540424108 338 3260 SH SOLE 3260
Lowe's Companies COM 548661107 22299 501109 SH SOLE 501109
M & T Bank Corporation COM 55261F104 335 4927 SH SOLE 4927
Manulife Financial Corp. COM 56501R106 1318 42007 SH SOLE 42007
McDonald's Corp. COM 580135101 241 7075 SH SOLE 7075
Mellon Financial Corp COM 58551A108 339 6900 SH SOLE 6900
Merck & Co COM 589331107 24530 262008 SH SOLE 262008
Merrill Lynch COM 590188108 499 7320 SH SOLE 7320
Microsoft Corp COM 594918104 9620 221798 SH SOLE 221798
Minnesota Mining & Manufacturi COM 604059105 482 4000 SH SOLE 4000
Motorola, Inc COM 620076109 8522 420830 SH SOLE 420830
Nasdaq 100 Index Trust COM 631100104 690 11820 SH SOLE 11820
National Commerce Bancorporati COM 635449101 14951 604075 SH SOLE 604075
Nestle SA-ADR COM 641069406 350 3000 SH SOLE 3000
New York Times COM 650111107 18790 469007 SH SOLE 469007
Noble Drilling Corp. COM 655042109 5151 118595 SH SOLE 118595
Norfolk Southern Corporation COM 655844108 341 25619 SH SOLE 25619
Nortel Networks Corp. COM 656568102 7702 240205 SH SOLE 240205
Oracle Systems Corp COM 68389x105 28459 979247 SH SOLE 979247
Pepsico Inc. COM 713448108 22803 460091 SH SOLE 460091
Pfizer, Inc. COM 717081103 4005 87073 SH SOLE 87073
Pharmacia Corporation COM 71713U102 14568 238816 SH SOLE 238816
Philip Morris COM 718154107 306 6951 SH SOLE 6951
Phillips Petroleum Co COM 718507106 270 4750 SH SOLE 4750
Prime Retail Inc COM 741570105 12 25000 SH SOLE 25000
Proctor & Gamble COM 742718109 543 6918 SH SOLE 6918
Providian (Formerly Capital Ho COM 74406a102 4755 82700 SH SOLE 82700
Qwest Communications Intl COM 749121109 2588 63114 SH SOLE 63114
Resource Bankshares Corp. COM 76121r104 2057 194750 SH SOLE 194750
Royal Dutch Petrol. COM 780257804 560 9250 SH SOLE 9250
SBC Communications, Inc. COM 78387g103 1753 36722 SH SOLE 36722
Safeway Inc. COM 786514208 214 3420 SH SOLE 3420
Salem Community Bankshares COM 794095109 154 11174 SH SOLE 11174
Schering-Plough Corporation COM 806605101 1435 25280 SH SOLE 25280
Schlumberger Ltd COM 806857108 16593 207570 SH SOLE 207570
SouthTrust Corp COM 844730101 277 6800 SH SOLE 6800
Southern Co COM 842587107 337 10150 SH SOLE 10150
Standard Commercial COM 853258101 192 28143 SH SOLE 28143
Sun Microsystems COM 866810104 11276 404504 SH SOLE 404504
Tellabs, Inc. COM 879664100 21818 386163 SH SOLE 386163
Texaco Inc COM 881694103 286 4600 SH SOLE 4600
Texas Instruments COM 882508104 9839 207689 SH SOLE 207689
Time Warner Inc COM 887315109 12700 243114 SH SOLE 243114
Tyco International, Ltd. 'New' COM 902124106 28476 513084 SH SOLE 513084
UBS Warburg COM H8920G155 404 2473 SH SOLE 2473
Unocal Corporation COM 915289102 292 7560 SH SOLE 7560
Verizon Communications COM 92343V104 15175 302750 SH SOLE 302750
Vodafone Group PLC-SP ADR COM 92857W100 291 8120 SH SOLE 8120
Wal-Mart Stores COM 931142103 422 7950 SH SOLE 7950
Walgreen Co COM 931422109 213 5100 SH SOLE 5100
WorldCom Inc. COM 98157D106 42857 3047593 SH SOLE 3047593
Tibco Software May 55 Puts PUT 1377 828 SH PUT SOLE 828
Tibco Software May 70 Puts PUT 210 72 SH PUT SOLE 72
Baron Small Cap COM 068278308 165 11384.651SH SOLE 11384.651
Janus Fund COM 471023101 420 12622.728SH SOLE 12622.728
Janus Overseas COM 471023846 301 11327.496SH SOLE 11327.496
Putnam OTC & Emerging Growth COM 746847102 139 10020.020SH SOLE 10020.020
Schwab 1000 Fund - Select SHS COM 808517809 275 7501.901 SH SOLE 7501.901
Strong Funds - Growth & Income COM 862917309 204 8035.220 SH SOLE 4017.610
T Rowe Price Equity Income Fun COM 779547108 290 11743.422SH SOLE 11743.422
The Chesapeake - Class A COM 36559b203 148 10172.266SH SOLE 10172.266
Torray COM 891402109 454 11416.336SH SOLE 11416.336
Vanguard/Morgan Growth Fund COM 921928107 201 11783.193SH SOLE 11783.193
Kobren Delphi Value Fund COM 499896405 250 19256.005SH SOLE 19256.005
</TABLE>
FORM 13F INFOR
