<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: 3/31/99
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: Colorado State Bank
ADDRESS: 1600 Broadway
PO Box 5945
Denver, CO 80202
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
PHONE: (303)864-7260
SIGNATURE,PLACE,AND DATE OF SIGNING:
Aaron Azari Denver, CO 3/31/99
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> 2
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 174
FORM 13F INFORMATION TABLE VALUE TOTAL: $60,379,282
<PAGE> 3
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABORATORIES COMMON STOCK 002824100 1084 23150 SH SOLE 22300 0 850
ABBOTT LABORATORIES COMMON STOCK 002824100 56 1200 SH OTHER 1200 0 0
AIRTOUCH COMMUNICATIONS, INC COMMON STOCK 00949T100 230 2377 SH SOLE 2377 0 0
AIRTOUCH COMMUNICATIONS, INC COMMON STOCK 00949T100 215 2228 SH OTHER 2228 0 0
AMAZON COM INC COMMON STOCK 023135106 534 3100 SH OTHER 3100 0 0
AMERICA ONLINE INC DEL COMMON STOCK 02364J104 59 400 SH SOLE 400 0 0
AMERICA ONLINE INC DEL COMMON STOCK 02364J104 632 4302 SH OTHER 4302 0 0
AMERICAN EXPRESS COMPANY COMMON STOCK 025816109 318 2700 SH SOLE 2700 0 0
AMERICAN EXPRESS COMPANY COMMON STOCK 025816109 57 485 SH OTHER 485 0 0
AMERICAN HOME PRODUCTS CORPORA COMMON STOCK 026609107 1005 15400 SH SOLE 15400 0 0
AMERICAN HOME PRODUCTS CORPORA COMMON STOCK 026609107 378 5800 SH OTHER 5100 0 700
AMERICAN INTERNATIONAL GROUP I COMMON STOCK 026874107 273 2265 SH SOLE 2265 0 0
AMERICAN INTERNATIONAL GROUP I COMMON STOCK 026874107 140 1162 SH OTHER 1162 0 0
AMERITECH CORP COMMON STOCK 030954101 214 3714 SH SOLE 3714 0 0
AMERITECH CORP COMMON STOCK 030954101 507 8792 SH OTHER 8792 0 0
ANHEUSER BUSCH COS INC COMMON STOCK 035229103 160 2100 SH SOLE 2100 0 0
ANHEUSER BUSCH COS INC COMMON STOCK 035229103 91 1200 SH OTHER 1200 0 0
AON CORP COMMON STOCK 037389103 122 1925 SH SOLE 1925 0 0
AON CORP COMMON STOCK 037389103 81 1275 SH OTHER 1275 0 0
AT & T CORP LIBERTY MEDIA GRP COMMON STOCK 001957208 50 957 SH SOLE 957 0 0
AT & T CORP LIBERTY MEDIA GRP COMMON STOCK 001957208 605 11501 SH OTHER 11501 0 0
AT HOME CORP COMMON STOCK 045919107 599 3805 SH OTHER 3805 0 0
AT&T CORP COMMON STOCK 001957109 275 3449 SH SOLE 3449 0 0
AT&T CORP COMMON STOCK 001957109 425 5319 SH OTHER 5319 0 0
ATLANTIC RICHFIELD COMPANY COMMON STOCK 048825103 163 2225 SH SOLE 2225 0 0
ATLANTIC RICHFIELD COMPANY COMMON STOCK 048825103 59 800 SH OTHER 800 0 0
AUTOMATIC DATA PROCESSING COMMON STOCK 053015103 415 10020 SH SOLE 9470 0 550
BANK OF NEW YORK INC COMMON STOCK 064057102 104 2900 SH SOLE 2900 0 0
BANK OF NEW YORK INC COMMON STOCK 064057102 205 5700 SH OTHER 5700 0 0
BANK ONE CORP COMMON STOCK 06423A103 291 5279 SH SOLE 5279 0 0
BANK ONE CORP COMMON STOCK 06423A103 9 167 SH OTHER 0 0 167
BELL ATLANTIC COMMON STOCK 077853109 334 6464 SH SOLE 6464 0 0
BELL ATLANTIC COMMON STOCK 077853109 327 6322 SH OTHER 6322 0 0
BELLSOUTH COMMON STOCK 079860102 801 20004 SH SOLE 20004 0 0
BELLSOUTH COMMON STOCK 079860102 508 12668 SH OTHER 12668 0 0
BRIGHTPOINT INC COMMON STOCK 109473108 529 89590 SH OTHER 89590 0 0
BRISTOL MYERS SQUIBB CO COMMON STOCK 110122108 977 15240 SH SOLE 15040 0 200
BRISTOL MYERS SQUIBB CO COMMON STOCK 110122108 45 700 SH OTHER 700 0 0
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CHEVRON COMMON STOCK 166751107 349 3938 SH SOLE 3938 0 0
CHEVRON COMMON STOCK 166751107 469 5284 SH OTHER 5284 0 0
CISCO SYSTEMS INC COMMON STOCK 17275R102 87 790 SH SOLE 610 0 180
CISCO SYSTEMS INC COMMON STOCK 17275R102 627 5726 SH OTHER 5726 0 0
CITIGROUP INC COMMON STOCK 172967101 144 2250 SH SOLE 2250 0 0
CITIGROUP INC COMMON STOCK 172967101 130 2040 SH OTHER 2040 0 0
CLOROX CO COMMON STOCK 189054109 176 1500 SH SOLE 1500 0 0
CLOROX CO COMMON STOCK 189054109 70 600 SH OTHER 600 0 0
COCA-COLA COMPANY COMMON STOCK 191216100 551 8985 SH SOLE 8985 0 0
COCA-COLA COMPANY COMMON STOCK 191216100 149 2420 SH OTHER 2420 0 0
COLGATE PALMOLIVE CO COMMON STOCK 194162103 4701 51097 SH SOLE 51097 0 0
COMCAST CORP COMMON STOCK 200300200 642 10200 SH OTHER 10200 0 0
CONSOLIDATED EDISON INC COMMON STOCK 209115104 202 4465 SH SOLE 4465 0 0
CONSOLIDATED EDISON INC COMMON STOCK 209115104 29 640 SH OTHER 640 0 0
DAYTON HUDSON CORP COMMON STOCK 239753106 380 5700 SH SOLE 5700 0 0
DELL COMPUTER CORP COMMON STOCK 247025109 262 6400 SH OTHER 6400 0 0
DU PONT (E I) DE NEMOURS & CO COMMON STOCK 263534109 470 8100 SH SOLE 8100 0 0
DU PONT (E I) DE NEMOURS & CO COMMON STOCK 263534109 75 1300 SH OTHER 1300 0 0
DUKE POWER COMPANY COMMON STOCK 264399106 238 4337 SH SOLE 4337 0 0
EMERSON ELECTRIC COMMON STOCK 291011104 409 7725 SH SOLE 7340 0 385
EMERSON ELECTRIC COMMON STOCK 291011104 154 2900 SH OTHER 2400 0 500
ENRON CORP COMMON STOCK 293561106 144 2247 SH SOLE 2247 0 0
ENRON CORP COMMON STOCK 293561106 540 8400 SH OTHER 8400 0 0
ENZON INC COMMON STOCK 293904108 421 28525 SH OTHER 28525 0 0
EXXON CORP COMMON STOCK 302290101 1871 26517 SH SOLE 26517 0 0
EXXON CORP COMMON STOCK 302290101 751 10648 SH OTHER 10648 0 0
F P L GROUP INC COMMON STOCK 302571104 218 4100 SH SOLE 4100 0 0
FIFTH THIRD BANCORP COMMON STOCK 316773100 362 5490 SH OTHER 5490 0 0
</TABLE>
<PAGE> 5
<TABLE>
<CAPTION>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FIRST UNION CORP COMMON STOCK 337358105 313 5860 SH SOLE 5860 0 0
FIRSTAR CORP NEW WIS COMMON STOCK 33763V109 244 2725 SH OTHER 2725 0 0
GENERAL ELECTRIC COMPANY COMMON STOCK 369604103 3067 27725 SH SOLE 27625 0 100
GENERAL ELECTRIC COMPANY COMMON STOCK 369604103 860 7778 SH OTHER 7778 0 0
GTE CORP COMMON STOCK 362320103 445 7362 SH SOLE 7362 0 0
GTE CORP COMMON STOCK 362320103 215 3550 SH OTHER 3550 0 0
HEWLETT-PACKARD COMPANY COMMON STOCK 428236103 166 2450 SH SOLE 1900 0 550
HEWLETT-PACKARD COMPANY COMMON STOCK 428236103 102 1500 SH OTHER 1300 0 200
IMS HEALTH INC COMMON STOCK 449934108 33 1000 SH SOLE 1000 0 0
IMS HEALTH INC COMMON STOCK 449934108 208 6285 SH OTHER 6285 0 0
INGERSOLL-RAND COMPANY COMMON STOCK 456866102 132 2650 SH SOLE 2650 0 0
INGERSOLL-RAND COMPANY COMMON STOCK 456866102 89 1800 SH OTHER 1800 0 0
INTEL CORP COMMON STOCK 458140100 521 4380 SH SOLE 4380 0 0
INTEL CORP COMMON STOCK 458140100 137 1150 SH OTHER 1150 0 0
INTERNATIONAL BUSINESS MACHINE COMMON STOCK 459200101 607 3426 SH SOLE 3426 0 0
INTERNATIONAL BUSINESS MACHINE COMMON STOCK 459200101 248 1400 SH OTHER 1200 0 200
JOHNSON & JOHNSON COMMON STOCK 478160104 347 3715 SH SOLE 3715 0 0
JOHNSON & JOHNSON COMMON STOCK 478160104 265 2839 SH OTHER 2839 0 0
KROGER COMPANY COMMON STOCK 501044101 289 4820 SH SOLE 4820 0 0
LEVEL 3 COMMUNICATIONS INC COMMON STOCK 52729N100 473 6500 SH OTHER 6500 0 0
LEXMARK INTL GROUP INC COMMON STOCK 529771107 201 1800 SH OTHER 0 0 1800
LILLY (ELI) & CO COMMON STOCK 532457108 526 6200 SH SOLE 6200 0 0
LILLY (ELI) & CO COMMON STOCK 532457108 176 2070 SH OTHER 2070 0 0
LOWES COMPANIES INC COMMON STOCK 548661107 250 4140 SH SOLE 4140 0 0
LUCENT TECHNOLOGIES INC COMMON STOCK 549463107 300 2782 SH SOLE 2782 0 0
LUCENT TECHNOLOGIES INC COMMON STOCK 549463107 403 3732 SH OTHER 3732 0 0
MBNA CORP COMMON STOCK 55262L100 205 8600 SH SOLE 8600 0 0
MBNA CORP COMMON STOCK 55262L100 12 500 SH OTHER 500 0 0
</TABLE>
<PAGE> 6
<TABLE>
<CAPTION>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MC DONALDS CORP COMMON STOCK 580135101 304 6698 SH SOLE 6698 0 0
MC DONALDS CORP COMMON STOCK 580135101 57 1250 SH OTHER 1250 0 0
MCI WORLDCOM INC CO COMMON STOCK 55268B106 110 1245 SH SOLE 1245 0 0
MCI WORLDCOM INC CO COMMON STOCK 55268B106 283 3197 SH OTHER 3197 0 0
MEDIAONE GROUP INC COMMON STOCK 58440J104 81 1269 SH SOLE 1269 0 0
MEDIAONE GROUP INC COMMON STOCK 58440J104 279 4400 SH OTHER 4400 0 0
MEDTRONIC INC COMMON STOCK 585055106 108 1500 SH SOLE 1500 0 0
MEDTRONIC INC COMMON STOCK 585055106 640 8900 SH OTHER 8900 0 0
MERCK & CO INC COMMON STOCK 589331107 942 11756 SH SOLE 11556 0 200
MERCK & CO INC COMMON STOCK 589331107 108 1350 SH OTHER 1350 0 0
MICROSOFT COMMON STOCK 594918104 453 5052 SH SOLE 4252 0 800
MICROSOFT COMMON STOCK 594918104 547 6100 SH OTHER 6100 0 0
MINNESOTA MINING &
MANUFACTURING COMMON STOCK 604059105 230 3250 SH SOLE 3250 0 0
MINNESOTA MINING &
MANUFACTURING COMMON STOCK 604059105 92 1300 SH OTHER 1300 0 0
MOBIL CORPORATION COMMON STOCK 607059102 372 4230 SH SOLE 4230 0 0
MOBIL CORPORATION COMMON STOCK 607059102 35 400 SH OTHER 400 0 0
MONSANTO COMPANY COMMON STOCK 611662107 18 400 SH SOLE 400 0 0
MONSANTO COMPANY COMMON STOCK 611662107 257 5600 SH OTHER 5600 0 0
MORGAN J P & COMPANY COMMON STOCK 616880100 362 2937 SH SOLE 2937 0 0
MORGAN J P & COMPANY COMMON STOCK 616880100 130 1050 SH OTHER 850 0 200
NEW CENTURY ENERGIES INC COMMON STOCK 64352U103 159 4677 SH SOLE 4677 0 0
NEW CENTURY ENERGIES INC COMMON STOCK 64352U103 156 4585 SH OTHER 4585 0 0
NORFOLK SOUTHERN COMMON STOCK 655844108 243 9206 SH SOLE 9206 0 0
NORFOLK SOUTHERN COMMON STOCK 655844108 58 2200 SH OTHER 2200 0 0
OLD REPUBLIC INTERNATIONAL COR COMMON STOCK 680223104 244 13394 SH SOLE 13394 0 0
PEPSICO, INC COMMON STOCK 713448108 429 10955 SH SOLE 10355 0 600
PEPSICO, INC COMMON STOCK 713448108 70 1775 SH OTHER 1775 0 0
PFIZER INC COMMON STOCK 717081103 613 4418 SH SOLE 4418 0 0
</TABLE>
<PAGE> 7
<TABLE>
<CAPTION>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PFIZER INC COMMON STOCK 717081103 1705 12290 SH OTHER 12290 0 0
PHILIP MORRIS COS INC COMMON STOCK 718154107 229 6515 SH SOLE 6515 0 0
PHILIP MORRIS COS INC COMMON STOCK 718154107 2 50 SH OTHER 50 0 0
PITNEY BOWES INC COMMON STOCK 724479100 163 2550 SH SOLE 2550 0 0
PITNEY BOWES INC COMMON STOCK 724479100 744 11672 SH OTHER 11672 0 0
PRIMA ENERGY CORP COMMON STOCK 741901201 356 25000 SH SOLE 25000 0 0
PRIMA ENERGY CORP COMMON STOCK 741901201 363 25506 SH OTHER 25506 0 0
PROCTOR AND GAMBLE COMMON STOCK 742718109 458 4680 SH SOLE 4680 0 0
PROCTOR AND GAMBLE COMMON STOCK 742718109 112 1140 SH OTHER 1140 0 0
SARA LEE CORPORATION COMMON STOCK 803111103 273 11050 SH SOLE 9600 0 1450
SARA LEE CORPORATION COMMON STOCK 803111103 27 1100 SH OTHER 1100 0 0
SBC COMMUNICATIONS INC COMMON STOCK 78387G103 662 14020 SH SOLE 13570 0 450
SBC COMMUNICATIONS INC COMMON STOCK 78387G103 431 9144 SH OTHER 9144 0 0
SCHERING PLOUGH CORP COMMON STOCK 806605101 149 2700 SH SOLE 2700 0 0
SCHERING PLOUGH CORP COMMON STOCK 806605101 122 2200 SH OTHER 2200 0 0
STATE STREET CORP COMMON STOCK 857477103 206 2500 SH SOLE 2500 0 0
STATE STREET CORP COMMON STOCK 857477103 16 200 SH OTHER 200 0 0
TEXACO INC COMMON STOCK 881694103 287 5060 SH SOLE 5060 0 0
TEXACO INC COMMON STOCK 881694103 89 1575 SH OTHER 1575 0 0
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 119 1200 SH SOLE 1200 0 0
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 287 2890 SH OTHER 2890 0 0
TIME WARNER INC. COMMON STOCK 887315109 110 1550 SH SOLE 1550 0 0
TIME WARNER INC. COMMON STOCK 887315109 814 11500 SH OTHER 11500 0 0
TYCO INTL LTD NEW COMMON STOCK 902124106 32 440 SH SOLE 40 0 400
TYCO INTL LTD NEW COMMON STOCK 902124106 310 4327 SH OTHER 4327 0 0
U S WEST INC COMMON STOCK 91273H101 80 1445 SH SOLE 1445 0 0
U S WEST INC COMMON STOCK 91273H101 202 3664 SH OTHER 3664 0 0
UNION PACIFIC CORPORATION COMMON STOCK 907818108 66 1230 SH SOLE 1000 0 230
</TABLE>
<PAGE> 8
<TABLE>
<CAPTION>
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
UNION PACIFIC CORPORATION COMMON STOCK 907818108 155 2900 SH OTHER 2900 0 0
UNITED INTERNATIONAL HOLDINGS COMMON STOCK 910734102 220 5050 SH OTHER 5050 0 0
UNITED TECHNOLOGIES CORP COMMON STOCK 913017109 221 1635 SH SOLE 1400 0 235
UNITED TECHNOLOGIES CORP COMMON STOCK 913017109 7 50 SH OTHER 50 0 0
UNIVISION COMMUNICATIONS INC COMMON STOCK 914906102 650 13000 SH OTHER 13000 0 0
US BANCORP COMMON STOCK 902973106 273 8022 SH SOLE 8022 0 0
US BANCORP COMMON STOCK 902973106 50 1476 SH OTHER 1476 0 0
USG CORP COMMON STOCK 903293405 457 8896 SH SOLE 8896 0 0
VISX INC DEL COMMON STOCK 92844S105 350 3255 SH OTHER 3255 0 0
WACHOVIA CORP COMMON STOCK 929771103 406 5000 SH SOLE 5000 0 0
WALGREEN CO COMMON STOCK 931422109 362 12800 SH SOLE 12800 0 0
WALGREEN CO COMMON STOCK 931422109 14 500 SH OTHER 500 0 0
WELLS FARGO & CO NEW COMMON STOCK 949746101 173 4938 SH SOLE 4938 0 0
WELLS FARGO & CO NEW COMMON STOCK 949746101 148 4225 SH OTHER 4225 0 0
BP AMOCO P L C SPONSORED ADR OTHER 055622104 266 2636 SH SOLE 2445 0 191
BP AMOCO P L C SPONSORED ADR OTHER 055622104 204 2022 SH OTHER 1322 0 700
GLAXO WELLCOME PLC OTHER 37733W105 181 2700 SH SOLE 2700 0 0
GLAXO WELLCOME PLC OTHER 37733W105 37 550 SH OTHER 550 0 0
NOKIA CORP SPONSORED ADR OTHER 654902204 801 5140 SH OTHER 5140 0 0
ROYAL DUTCH PETROLEUM CO COM OTHER 780257804 404 7770 SH SOLE 7770 0 0
ROYAL DUTCH PETROLEUM CO COM OTHER 780257804 242 4650 SH OTHER 4650 0 0
SCHLUMBERGER LTD OTHER 806857108 122 2028 SH SOLE 1810 0 218
SCHLUMBERGER LTD OTHER 806857108 226 3754 SH OTHER 3154 0 600
VODAFONE GROUP PLC OTHER 92857T107 282 1500 SH SOLE 1500 0 0
</TABLE>
