UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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: KAREN V. LANE
Address: 307 MAIN STREET
HYANNIS, MA 02601
13F File Number:
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: CAPE COD BANK & TRUST COMPANY
Title: TRUST SYSTEM OFFICER
Phone: 508-862-6487
Signature, Place, and Date Of Signing:
CAPE COD BANK & TRUST COMPANY HYANNIS MA June 30, 1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
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: 159
Form 13F Information Table Value Total: $288,058,341
List of Other Managers: NONE
<PAGE>
<TABLE>
<CAPTION>
13 F Report Of Managed Assets
Page 1
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Sh/
Investment Other Voting Authority
Name Of Issuer Type Cusip Market Value Shares/PV Prn
Discretion Managers Sole Shared None
================================================================================
====================================================
<S> <C> <C> <C> <C> <C>
<C> <C> <C>
AT&T CORP Com 001957109 5,237,724 93,845 SH
Sole 0 131,487 6,150 12,326
AT&T CORP Com 001957109 2,189,413 39,228 SH
Defined 0 0 0 0
AT&T CORP Com 001957109 942,673 16,890 SH
Other 0 0 0 0
ABBOTT LABORATORIES Com 002824100 1,666,170 36,720 SH
Sole 0 42,020 0 7,400
ABBOTT LABORATORIES Com 002824100 176,963 3,900 SH
Defined 0 0 0 0
ABBOTT LABORATORIES Com 002824100 399,300 8,800 SH
Other 0 0 0 0
AETNA INC COM STK Com 008117103 328,683 3,675 SH
Sole 0 4,025 0 300
AETNA INC COM STK Com 008117103 31,303 350 SH
Defined 0 0 0 0
AETNA INC COM STK Com 008117103 26,831 300 SH
Other 0 0 0 0
AIRBORNE FREIGHT CORPORAT Com 009266107 254,725 9,200 SH
Sole 0 10,000 0 0
AIRBORNE FREIGHT CORPORAT Com 009266107 22,150 800 SH
Defined 0 0 0 0
AIRTOUCH COMMUNICATIONS Com 00949T100 602,875 5,600 SH
Sole 0 7,221 0 2,851
AIRTOUCH COMMUNICATIONS Com 00949T100 108,948 1,012 SH
Defined 0 0 0 0
AIRTOUCH COMMUNICATIONS Com 00949T100 372,491 3,460 SH
Other 0 0 0 0
ALBERTSONS INC Com 013104104 237,188 4,600 SH
Sole 0 5,350 0 0
ALBERTSONS INC Com 013104104 38,672 750 SH
Defined 0 0 0 0
ALCOA INC Com 013817101 210,375 3,400 SH
Sole 0 3,800 0 0
ALCOA INC Com 013817101 24,750 400 SH
Defined 0 0 0 0
ALLIED-SIGNAL CORP Com 019512102 56,700 900 SH
Sole 0 3,256 0 0
ALLIED-SIGNAL CORP Com 019512102 148,428 2,356 SH
Defined 0 0 0 0
ALLSTATE CORP Com 020002101 1,085,829 30,267 SH
Sole 0 34,421 0 8,002
ALLSTATE CORP Com 020002101 73,042 2,036 SH
Defined 0 0 0 0
ALLSTATE CORP Com 020002101 363,055 10,120 SH
Other 0 0 0 0
AMERICA ONLINE INC DEL Com 02364J104 154,000 1,400 SH
Sole 0 2,160 0 100
AMERICA ONLINE INC DEL Com 02364J104 94,600 860 SH
Defined 0 0 0 0
AMERICAN ELECTRIC POWER Com 025537101 155,133 4,130 SH
Sole 0 4,564 0 4,058
AMERICAN ELECTRIC POWER Com 025537101 7,513 200 SH
Defined 0 0 0 0
AMERICAN ELECTRIC POWER Com 025537101 161,218 4,292 SH
Other 0 0 0 0
AMER EXPRESS CO Com 025816109 592,069 4,550 SH
Sole 0 7,870 0 800
AMER EXPRESS CO Com 025816109 536,115 4,120 SH
Defined 0 0 0 0
AMERICAN GENERAL CORP Com 026351106 677,998 8,995 SH
Sole 0 8,995 0 1,248
AMERICAN GENERAL CORP Com 026351106 94,068 1,248 SH
Defined 0 0 0 0
AMERICAN HOME PRODUCTS Com 026609107 1,784,133 31,096 SH
Sole 0 55,756 5,600 5,532
AMERICAN HOME PRODUCTS Com 026609107 1,644,368 28,660 SH
Defined 0 0 0 0
AMERICAN HOME PRODUCTS Com 026609107 409,199 7,132 SH
Other 0 0 0 0
AMERICAN INTL GROUP INC Com 026874107 375,435 3,202 SH
Sole 0 8,795 0 0
AMERICAN INTL GROUP INC Com 026874107 567,842 4,843 SH
Defined 0 0 0 0
AMERICAN INTL GROUP INC Com 026874107 87,938 750 SH
Other 0 0 0 0
AMERITECH CORP Com 030954101 1,902,107 25,879 SH
Sole 0 29,343 0 11,546
AMERITECH CORP Com 030954101 245,637 3,342 SH
Defined 0 0 0 0
AMERITECH CORP Com 030954101 857,598 11,668 SH
Other 0 0 0 0
AMGEN INC Com 031162100 697,019 11,450 SH
Sole 0 13,450 0 0
AMGEN INC Com 031162100 97,400 1,600 SH
Defined 0 0 0 0
AMGEN INC Com 031162100 24,350 400 SH
Other 0 0 0 0
ANHEUSER BUSCH COS INC Com 035229103 805,566 11,356 SH
Sole 0 12,556 0 900
ANHEUSER BUSCH COS INC Com 035229103 92,219 1,300 SH
Defined 0 0 0 0
ANHEUSER BUSCH COS INC Com 035229103 56,750 800 SH
Other 0 0 0 0
ATLANTIC RICHFIELD Com 048825103 265,729 3,180 SH
Sole 0 6,531 0 2,448
ATLANTIC RICHFIELD Com 048825103 100,024 1,197 SH
Defined 0 0 0 0
ATLANTIC RICHFIELD Com 048825103 384,555 4,602 SH
Other 0 0 0 0
AUTO DATA PROC INC Com 053015103 334,400 7,600 SH
Sole 0 13,910 0 3,600
AUTO DATA PROC INC Com 053015103 436,040 9,910 SH
Defined 0 0 0 0
ADR BP AMOCO Com 055622104 1,468,873 13,538 SH
Sole 0 24,081 1,323 1,530
ADR BP AMOCO Com 055622104 1,187,099 10,941 SH
Defined 0 0 0 0
ADR BP AMOCO Com 055622104 266,368 2,455 SH
Other 0 0 0 0
BANK AMERICA CORP Com 060505104 968,898 13,216 SH
Sole 0 14,707 0 639
BANK AMERICA CORP Com 060505104 90,834 1,239 SH
Defined 0 0 0 0
BANK AMERICA CORP Com 060505104 65,321 891 SH
Other 0 0 0 0
BANK OF NY CO Com 064057102 879,033 23,960 SH
Sole 0 30,710 0 14,100
BANK OF NY CO Com 064057102 265,984 7,250 SH
Defined 0 0 0 0
BANK OF NY CO Com 064057102 498,950 13,600 SH
Other 0 0 0 0
BANC ONE CORP NEW Com 06423A103 1,259,390 21,144 SH
Sole 0 49,909 0 10,691
BANC ONE CORP NEW Com 06423A103 275,417 4,624 SH
Defined 0 0 0 0
BANC ONE CORP NEW Com 06423A103 2,074,681 34,832 SH
Other 0 0 0 0
BANKBOSTON CORP Com 06605R106 855,117 16,726 SH
Sole 0 32,982 8,000 26,764
BANKBOSTON CORP Com 06605R106 1,030,476 20,156 SH
Defined 0 0 0 0
BANKBOSTON CORP Com 06605R106 1,577,922 30,864 SH
Other 0 0 0 0
BAXTER INTERNATIONAL INC Com 071813109 442,199 7,294 SH
Sole 0 10,194 0 650
BAXTER INTERNATIONAL INC Com 071813109 154,594 2,550 SH
Defined 0 0 0 0
BAXTER INTERNATIONAL INC Com 071813109 60,625 1,000 SH
Other 0 0 0 0
BELL ATLANTIC CORP Com 077853109 3,675,709 56,225 SH
Sole 0 71,214 800 13,138
BELL ATLANTIC CORP Com 077853109 894,003 13,675 SH
Defined 0 0 0 0
BELL ATLANTIC CORP Com 077853109 997,100 15,252 SH
Other 0 0 0 0
BELLSOUTH CORP Com 079860102 4,827,812 104,668 SH
Sole 0 136,059 1,800 18,978
BELLSOUTH CORP Com 079860102 963,597 20,891 SH
Defined 0 0 0 0
BELLSOUTH CORP Com 079860102 1,442,698 31,278 SH
Other 0 0 0 0
BERKSHIRE HATHAWAY INC CL Com 084670207 172,480 77 SH
Sole 0 181 0 0
BERKSHIRE HATHAWAY INC CL Com 084670207 232,960 104 SH
Defined 0 0 0 0
BESTFOODS Com 08658U101 338,283 6,834 SH
Sole 0 6,834 0 150
BESTFOODS Com 08658U101 7,425 150 SH
Other 0 0 0 0
BOEING CO. Com 097023105 438,856 9,974 SH
Sole 0 12,074 0 226
BOEING CO. Com 097023105 79,200 1,800 SH
Defined 0 0 0 0
BOEING CO. Com 097023105 23,144 526 SH
Other 0 0 0 0
BOSTON SCIENTIFIC CORP Com 101137107 840,700 19,134 SH
Sole 0 26,164 0 300
BOSTON SCIENTIFIC CORP Com 101137107 322,062 7,330 SH
Defined 0 0 0 0
BRISTOL-MYERS SQUIBB CO Com 110122108 8,629,157 122,508 SH
Sole 0 144,338 6,200 5,350
BRISTOL-MYERS SQUIBB CO Com 110122108 1,678,526 23,830 SH
Defined 0 0 0 0
BRISTOL-MYERS SQUIBB CO Com 110122108 265,268 3,766 SH
Other 0 0 0 0
CCBT BANCORP, INC. Com 12487S105 3,195,077 165,978 SH
Sole 0 0 2,000 958,243
CCBT BANCORP, INC. Com 12487S105 104,200 5,413 SH
Defined 0 0 0 0
CCBT BANCORP, INC. Com 12487S105 15,185,401 788,852 SH
Other 0 0 0 0
CBS CORP Com 12490K107 65,344 1,500 SH
Defined 0 3,300 0 1,928
CBS CORP Com 12490K107 162,401 3,728 SH
Other 0 0 0 0
CIGNA CORP. Com 125509109 392,401 4,409 SH
Sole 0 4,409 0 606
CIGNA CORP. Com 125509109 53,934 606 SH
Other 0 0 0 0
CAMPBELL SOUP Com 134429109 264,338 5,700 SH
Sole 0 6,150 0 0
CAMPBELL SOUP Com 134429109 20,869 450 SH
Defined 0 0 0 0
CARNIVAL CORP COM CL A Com 143658102 208,550 4,300 SH
Sole 0 14,425 0 0
CARNIVAL CORP COM CL A Com 143658102 442,563 9,125 SH
Defined 0 0 0 0
CARNIVAL CORP COM CL A Com 143658102 48,500 1,000 SH
Other 0 0 0 0
CATERPILLAR TRACTOR CO. Com 149123101 210,840 3,514 SH
Sole 0 3,264 0 1,050
CATERPILLAR TRACTOR CO. Com 149123101 48,000 800 SH
Other 0 0 0 0
CHASE MANHATTAN CORP NEW Com 16161A108 98,437 1,138 SH
Sole 0 1,346 0 4,362
CHASE MANHATTAN CORP NEW Com 16161A108 17,992 208 SH
Defined 0 0 0 0
CHASE MANHATTAN CORP NEW Com 16161A108 377,313 4,362 SH
Other 0 0 0 0
CHEVRON CORP Com 166751107 711,258 7,482 SH
Sole 0 7,997 2,000 2,050
CHEVRON CORP Com 166751107 253,342 2,665 SH
Defined 0 0 0 0
CHEVRON CORP Com 166751107 180,619 1,900 SH
Other 0 0 0 0
CISCO SYSTEMS Com 17275R102 618,600 9,600 SH
Sole 0 15,860 0 2,600
CISCO SYSTEMS Com 17275R102 210,066 3,260 SH
Defined 0 0 0 0
CISCO SYSTEMS Com 17275R102 360,850 5,600 SH
Other 0 0 0 0
CITIGROUP INC Com 172967101 1,294,898 27,261 SH
Sole 0 31,813 0 8,427
CITIGROUP INC Com 172967101 281,058 5,917 SH
Defined 0 0 0 0
CITIGROUP INC Com 172967101 335,445 7,062 SH
Other 0 0 0 0
CITIGROUP CAP PFD W Pfd 17306K209 376,800 15,700 SH
Sole 0 19,300 0 600
CITIGROUP CAP PFD W Pfd 17306K209 86,400 3,600 SH
Defined 0 0 0 0
CITIGROUP CAP PFD W Pfd 17306K209 14,400 600 SH
Other 0 0 0 0
CITIZENS UTILITIES CL B Com 177342201 296,848 26,683 SH
Defined 0 26,683 6,801 0
COCA COLA CO. Com 191216100 2,616,090 42,195 SH
Sole 0 51,405 0 4,150
COCA COLA CO. Com 191216100 217,620 3,510 SH
Defined 0 0 0 0
COCA COLA CO. Com 191216100 610,700 9,850 SH
Other 0 0 0 0
COLGATE PALMOLIVE Com 194162103 728,211 7,393 SH
Sole 0 8,593 0 1,200
COLGATE PALMOLIVE Com 194162103 108,350 1,100 SH
Defined 0 0 0 0
COLGATE PALMOLIVE Com 194162103 128,050 1,300 SH
Other 0 0 0 0
COMMONWEALTH ENERGY SYSTE Com 202800108 335,328 7,984 SH
Sole 0 6,584 0 2,534
COMMONWEALTH ENERGY SYSTE Com 202800108 25,200 600 SH
Defined 0 0 0 0
COMMONWEALTH ENERGY SYSTE Com 202800108 22,428 534 SH
Other 0 0 0 0
COMPAQ COMPUTER CORP Com 204493100 172,800 7,295 SH
Sole 0 10,495 0 300
COMPAQ COMPUTER CORP Com 204493100 35,531 1,500 SH
Defined 0 0 0 0
COMPAQ COMPUTER CORP Com 204493100 47,375 2,000 SH
Other 0 0 0 0
CONSOLIDATED EDISON INC. Com 209115104 186,702 4,126 SH
Sole 0 4,126 0 1,900
CONSOLIDATED EDISON INC. Com 209115104 85,975 1,900 SH
Other 0 0 0 0
CONSOLIDATED NATURAL GAS Com 209615103 47,993 790 SH
Sole 0 4,390 800 400
CONSOLIDATED NATURAL GAS Com 209615103 291,600 4,800 SH
Defined 0 0 0 0
CORNING INC Com 219350105 364,650 5,200 SH
Sole 0 5,900 0 1,500
CORNING INC Com 219350105 49,088 700 SH
Defined 0 0 0 0
CORNING INC Com 219350105 105,188 1,500 SH
Other 0 0 0 0
DISNEY WALT COMPANY Com 254687106 391,103 12,693 SH
Sole 0 25,865 0 12
DISNEY WALT COMPANY Com 254687106 100,449 3,260 SH
Defined 0 0 0 0
DISNEY WALT COMPANY Com 254687106 305,783 9,924 SH
Other 0 0 0 0
DOMINION RESOURCES, INC Com 257470104 149,948 3,462 SH
Sole 0 5,261 0 751
DOMINION RESOURCES, INC Com 257470104 71,466 1,650 SH
Defined 0 0 0 0
DOMINION RESOURCES, INC Com 257470104 38,981 900 SH
Other 0 0 0 0
DOVER CORP. Com 260003108 231,000 6,600 SH
Sole 0 6,600 0 0
DOW CHEMICAL CO Com 260543103 352,459 2,778 SH
Sole 0 7,753 0 450
DOW CHEMICAL CO Com 260543103 605,828 4,775 SH
Defined 0 0 0 0
DOW CHEMICAL CO Com 260543103 82,469 650 SH
Other 0 0 0 0
DUPONT DE NEMOURS & CO Com 263534109 1,456,286 21,318 SH
Sole 0 37,718 0 4,500
DUPONT DE NEMOURS & CO Com 263534109 1,090,951 15,970 SH
Defined 0 0 0 0
DUPONT DE NEMOURS & CO Com 263534109 336,781 4,930 SH
Other 0 0 0 0
DUKE ENERGY CORP Com 264399106 224,283 4,120 SH
Sole 0 5,595 0 175
DUKE ENERGY CORP Com 264399106 31,302 575 SH
Defined 0 0 0 0
DUKE ENERGY CORP Com 264399106 58,520 1,075 SH
Other 0 0 0 0
EG & G, INC Com 268457108 285,000 8,000 SH
Sole 0 8,000 0 0
EMC CORP Com 268648102 1,386,000 25,200 SH
Sole 0 33,062 0 1,000
EMC CORP Com 268648102 454,410 8,262 SH
Defined 0 0 0 0
EMC CORP Com 268648102 33,000 600 SH
Other 0 0 0 0
EASTMAN KODAK CO Com 277461109 196,611 2,902 SH
Sole 0 5,044 0 1,529
EASTMAN KODAK CO Com 277461109 160,568 2,370 SH
Defined 0 0 0 0
EASTMAN KODAK CO Com 277461109 88,143 1,301 SH
Other 0 0 0 0
EDISON INTL COM Com 281020107 117,861 4,406 SH
Sole 0 6,110 2,000 1,500
EDISON INTL COM Com 281020107 72,332 2,704 SH
Defined 0 0 0 0
EDISON INTL COM Com 281020107 13,375 500 SH
Other 0 0 0 0
ELECTRONIC DATA SYS CORP Com 285661104 196,149 3,464 SH
Sole 0 4,184 0 1,535
ELECTRONIC DATA SYS CORP Com 285661104 22,650 400 SH
Defined 0 0 0 0
ELECTRONIC DATA SYS CORP Com 285661104 105,039 1,855 SH
Other 0 0 0 0
EMERSON ELECTRIC CO Com 291011104 168,547 2,678 SH
Sole 0 11,482 0 400
EMERSON ELECTRIC CO Com 291011104 427,975 6,800 SH
Defined 0 0 0 0
EMERSON ELECTRIC CO Com 291011104 151,302 2,404 SH
Other 0 0 0 0
ENRON CORP Com 293561106 171,675 2,100 SH
Sole 0 3,000 0 175
ENRON CORP Com 293561106 73,575 900 SH
Defined 0 0 0 0
ENRON CORP Com 293561106 14,306 175 SH
Other 0 0 0 0
ETHAN ALLEN INTERIORS INC Com 297602104 362,400 9,600 SH
Sole 0 9,600 0 300
ETHAN ALLEN INTERIORS INC Com 297602104 11,325 300 SH
Defined 0 0 0 0
EXXON Com 302290101 8,605,453 111,578 SH
Sole 0 176,047 4,864 54,535
EXXON Com 302290101 3,872,601 50,212 SH
Defined 0 0 0 0
EXXON Com 302290101 5,680,719 73,656 SH
Other 0 0 0 0
FPL GROUP INC Com 302571104 249,746 4,572 SH
Sole 0 4,932 0 200
FPL GROUP INC Com 302571104 30,590 560 SH
Defined 0 0 0 0
FEDERAL NATL MTG ASSN Com 313586109 1,159,090 16,983 SH
Sole 0 22,523 400 100
FEDERAL NATL MTG ASSN Com 313586109 303,030 4,440 SH
Defined 0 0 0 0
FEDERAL NATL MTG ASSN Com 313586109 109,200 1,600 SH
Other 0 0 0 0
FIFTH THIRD BANCORP Com 316773100 1,018,140 15,296 SH
Sole 0 15,296 0 0
FIRST UNION CORP Com 337358105 482,277 10,234 SH
Sole 0 10,269 0 200
FIRST UNION CORP Com 337358105 11,074 235 SH
Defined 0 0 0 0
FLEET FINANCIAL GROUP INC Com 338915101 109,784 2,474 SH
Sole 0 3,562 0 3,102
FLEET FINANCIAL GROUP INC Com 338915101 83,780 1,888 SH
Defined 0 0 0 0
FLEET FINANCIAL GROUP INC Com 338915101 102,151 2,302 SH
Other 0 0 0 0
FORD MOTOR CO Com 345370100 805,928 14,280 SH
Sole 0 15,460 0 1,700
FORD MOTOR CO Com 345370100 151,253 2,680 SH
Defined 0 0 0 0
FORD MOTOR CO Com 345370100 11,288 200 SH
Other 0 0 0 0
FORTUNE BRANDS INC Com 349631101 267,117 6,456 SH
Sole 0 13,000 900 784
FORTUNE BRANDS INC Com 349631101 65,373 1,580 SH
Defined 0 0 0 0
FORTUNE BRANDS INC Com 349631101 275,061 6,648 SH
Other 0 0 0 0
GTE CORP Com 362320103 3,558,696 47,135 SH
Sole 0 66,860 3,200 1,217
GTE CORP Com 362320103 956,963 12,675 SH
Defined 0 0 0 0
GTE CORP Com 362320103 865,759 11,467 SH
Other 0 0 0 0
ADR GALLAHER GROUP PLC Com 363595109 110,360 4,516 SH
Sole 0 10,380 900 900
ADR GALLAHER GROUP PLC Com 363595109 21,994 900 SH
Defined 0 0 0 0
ADR GALLAHER GROUP PLC Com 363595109 143,302 5,864 SH
Other 0 0 0 0
GANNETT INC Com 364730101 356,875 5,000 SH
Sole 0 10,750 0 200
GANNETT INC Com 364730101 214,125 3,000 SH
Defined 0 0 0 0
GANNETT INC Com 364730101 210,556 2,950 SH
Other 0 0 0 0
GENERAL ELECTRIC CO Com 369604103 24,816,688 219,617 SH
Sole 0 278,846 14,100 60,965
GENERAL ELECTRIC CO Com 369604103 6,897,294 61,038 SH
Defined 0 0 0 0
GENERAL ELECTRIC CO Com 369604103 8,277,928 73,256 SH
Other 0 0 0 0
GENERAL MILLS Com 370334104 192,900 2,400 SH
Sole 0 5,288 0 200
GENERAL MILLS Com 370334104 184,863 2,300 SH
Defined 0 0 0 0
GENERAL MILLS Com 370334104 63,336 788 SH
Other 0 0 0 0
GENERAL MOTORS CORP Com 370442105 249,546 3,781 SH
Sole 0 5,267 0 3,627
GENERAL MOTORS CORP Com 370442105 64,284 974 SH
Defined 0 0 0 0
GENERAL MOTORS CORP Com 370442105 273,174 4,139 SH
Other 0 0 0 0
GENZYME CORP COMM Com 372917104 305,550 6,300 SH
Sole 0 6,800 0 200
GENZYME CORP COMM Com 372917104 24,250 500 SH
Defined 0 0 0 0
GENZYME CORP COMM Com 372917104 9,700 200 SH
Other 0 0 0 0
GILLETTE CO Com 375766102 692,695 16,895 SH
Sole 0 21,217 0 16,904
GILLETTE CO Com 375766102 684,864 16,704 SH
Defined 0 0 0 0
GILLETTE CO Com 375766102 185,402 4,522 SH
Other 0 0 0 0
GLOBAL MARINE INC Com 379352404 177,754 11,468 SH
Sole 0 12,868 0 0
GLOBAL MARINE INC Com 379352404 20,150 1,300 SH
Defined 0 0 0 0
GLOBAL MARINE INC Com 379352404 1,550 100 SH
Other 0 0 0 0
HALLIBURTON CO Com 406216101 204,349 4,516 SH
Sole 0 7,282 0 1,150
HALLIBURTON CO Com 406216101 115,388 2,550 SH
Defined 0 0 0 0
HALLIBURTON CO Com 406216101 61,812 1,366 SH
Other 0 0 0 0
HEINZ, H.J. CO. Com 423074103 651,625 13,000 SH
Sole 0 16,600 900 450
HEINZ, H.J. CO. Com 423074103 180,450 3,600 SH
Defined 0 0 0 0
HEINZ, H.J. CO. Com 423074103 67,669 1,350 SH
Other 0 0 0 0
HEWLETT PACKARD Com 428236103 1,723,073 17,145 SH
Sole 0 24,995 200 850
HEWLETT PACKARD Com 428236103 728,625 7,250 SH
Defined 0 0 0 0
HEWLETT PACKARD Com 428236103 165,825 1,650 SH
Other 0 0 0 0
HOME DEPOT INC Com 437076102 956,897 14,850 SH
Sole 0 24,367 0 100
HOME DEPOT INC Com 437076102 297,508 4,617 SH
Defined 0 0 0 0
HOME DEPOT INC Com 437076102 322,188 5,000 SH
Other 0 0 0 0
ITT INDS INC Com 450911102 390,896 10,253 SH
Sole 0 11,200 0 653
ITT INDS INC Com 450911102 53,375 1,400 SH
Defined 0 0 0 0
ITT INDS INC Com 450911102 7,625 200 SH
Other 0 0 0 0
INTEL CORP Com 458140100 596,071 10,018 SH
Sole 0 17,218 0 2,100
INTEL CORP Com 458140100 297,500 5,000 SH
Defined 0 0 0 0
INTEL CORP Com 458140100 255,850 4,300 SH
Other 0 0 0 0
INTERNATIONAL BUSINESS MA Com 459200101 2,183,291 16,892 SH
Sole 0 36,762 0 6,000
INTERNATIONAL BUSINESS MA Com 459200101 1,052,354 8,142 SH
Defined 0 0 0 0
INTERNATIONAL BUSINESS MA Com 459200101 2,291,344 17,728 SH
Other 0 0 0 0
JOHNSON & JOHNSON Com 478160104 1,906,100 19,450 SH
Sole 0 33,150 400 2,900
JOHNSON & JOHNSON Com 478160104 1,084,860 11,070 SH
Defined 0 0 0 0
JOHNSON & JOHNSON Com 478160104 581,140 5,930 SH
Other 0 0 0 0
KIMBERLY CLARK CORP Com 494368103 636,348 11,164 SH
Sole 0 13,978 150 1,200
KIMBERLY CLARK CORP Com 494368103 122,550 2,150 SH
Defined 0 0 0 0
KIMBERLY CLARK CORP Com 494368103 114,798 2,014 SH
Other 0 0 0 0
KNIGHT/TRIMARK GROUP Com 499067106 222,955 3,655 SH
Sole 0 3,655 0 0
LILLY ELI & CO Com 532457108 767,820 10,720 SH
Sole 0 24,626 0 100
LILLY ELI & CO Com 532457108 1,003,180 14,006 SH
Defined 0 0 0 0
LINCOLN NATIONAL CORP. IN Com 534187109 240,638 4,600 SH
Sole 0 4,600 0 0
LUCENT TECHNOLOGIES Com 549463107 8,106,122 120,202 SH
Sole 0 155,380 6,300 17,992
LUCENT TECHNOLOGIES Com 549463107 2,360,987 35,010 SH
Defined 0 0 0 0
LUCENT TECHNOLOGIES Com 549463107 1,649,521 24,460 SH
Other 0 0 0 0
MBNA CORP Com 55262L100 36,750 1,200 SH
Sole 0 14,812 0 0
MBNA CORP Com 55262L100 416,868 13,612 SH
Defined 0 0 0 0
MCI WORLDCOM INC Com 55268B106 103,275 1,200 SH
Sole 0 4,025 0 148
MCI WORLDCOM INC Com 55268B106 208,702 2,425 SH
Defined 0 0 0 0
MCI WORLDCOM INC Com 55268B106 47,162 548 SH
Other 0 0 0 0
MCDONALDS CORP. Com 580135101 307,615 7,480 SH
Sole 0 20,282 800 3,240
MCDONALDS CORP. Com 580135101 692,627 16,842 SH
Defined 0 0 0 0
MEDIAONE GROUP INC. Com 58440J104 377,676 5,078 SH
Sole 0 6,770 1,000 1,380
MEDIAONE GROUP INC. Com 58440J104 139,825 1,880 SH
Defined 0 0 0 0
MEDIAONE GROUP INC. Com 58440J104 163,030 2,192 SH
Other 0 0 0 0
MEDTRONIC INC Com 585055106 841,050 10,800 SH
Sole 0 12,350 0 400
MEDTRONIC INC Com 585055106 73,981 950 SH
Defined 0 0 0 0
MEDTRONIC INC Com 585055106 77,875 1,000 SH
Other 0 0 0 0
MELLON BANK CORP Com 585509102 174,600 4,800 SH
Sole 0 10,800 3,000 2,640
MELLON BANK CORP Com 585509102 327,375 9,000 SH
Defined 0 0 0 0
MELLON BANK CORP Com 585509102 96,030 2,640 SH
Other 0 0 0 0
MERCK & COMPANY Com 589331107 5,058,479 68,706 SH
Sole 0 112,820 700 3,994
MERCK & COMPANY Com 589331107 2,669,201 36,254 SH
Defined 0 0 0 0
MERCK & COMPANY Com 589331107 924,288 12,554 SH
Other 0 0 0 0
MICROSOFT CORP Com 594918104 455,447 5,050 SH
Sole 0 12,692 0 3,350
MICROSOFT CORP Com 594918104 540,404 5,992 SH
Defined 0 0 0 0
MICROSOFT CORP Com 594918104 450,938 5,000 SH
Other 0 0 0 0
MINN MINING & MFG Com 604059105 733,753 8,440 SH
Sole 0 17,585 200 2,025
MINN MINING & MFG Com 604059105 797,652 9,175 SH
Defined 0 0 0 0
MINN MINING & MFG Com 604059105 190,828 2,195 SH
Other 0 0 0 0
MOBIL CORP Com 607059102 2,009,609 20,350 SH
Sole 0 23,991 150 5,662
MOBIL CORP Com 607059102 402,406 4,075 SH
Defined 0 0 0 0
MOBIL CORP Com 607059102 531,078 5,378 SH
Other 0 0 0 0
MOBILEMEDIA CORP Com 607415106 2,958 22,750 SH
Sole 0 22,750 0 0
MONSANTO COMPANY Com 611662107 196,467 4,966 SH
Sole 0 5,116 0 0
MONSANTO COMPANY Com 611662107 5,934 150 SH
Defined 0 0 0 0
MORGAN, J.P.& CO. Com 616880100 638,151 4,542 SH
Sole 0 8,342 1,300 4,707
MORGAN, J.P.& CO. Com 616880100 562,000 4,000 SH
Defined 0 0 0 0
MORGAN, J.P.& CO. Com 616880100 815,884 5,807 SH
Other 0 0 0 0
MORGAN STANLEY, DEAN WITT Com 617446448 87,437 852 SH
Sole 0 2,290 0 3,272
MORGAN STANLEY, DEAN WITT Com 617446448 56,033 546 SH
Defined 0 0 0 0
MORGAN STANLEY, DEAN WITT Com 617446448 427,331 4,164 SH
Other 0 0 0 0
MOTOROLA INC. Com 620076109 371,894 3,925 SH
Sole 0 8,295 0 225
MOTOROLA INC. Com 620076109 328,783 3,470 SH
Defined 0 0 0 0
MOTOROLA INC. Com 620076109 106,594 1,125 SH
Other 0 0 0 0
NESTLE S A SPONSORED ADR Com 641069406 108,106 1,200 SH
Sole 0 3,900 0 600
NESTLE S A SPONSORED ADR Com 641069406 297,290 3,300 SH
Defined 0 0 0 0
NEW ENGLAND ELECTRIC SYST Com 644001109 297,793 5,941 SH
Sole 0 9,041 500 500
NEW ENGLAND ELECTRIC SYST Com 644001109 95,238 1,900 SH
Defined 0 0 0 0
NEW ENGLAND ELECTRIC SYST Com 644001109 85,213 1,700 SH
Other 0 0 0 0
NEXTEL COMMUNICATIONS INC Com 65332V103 173,147 3,450 SH
Sole 0 4,950 0 0
NEXTEL COMMUNICATIONS INC Com 65332V103 75,281 1,500 SH
Defined 0 0 0 0
NORTEL NETWORKS CORP Com 656569100 251,756 2,900 SH
Sole 0 4,150 0 150
NORTEL NETWORKS CORP Com 656569100 121,538 1,400 SH
Other 0 0 0 0
PNC BANK CORP Com 693475105 49,558 860 SH
Sole 0 6,466 0 760
PNC BANK CORP Com 693475105 5,763 100 SH
Defined 0 0 0 0
PNC BANK CORP Com 693475105 361,078 6,266 SH
Other 0 0 0 0
PPG INDUSTRIES Com 693506107 112,219 1,900 SH
Sole 0 8,396 500 0
PPG INDUSTRIES Com 693506107 118,125 2,000 SH
Defined 0 0 0 0
PPG INDUSTRIES Com 693506107 265,545 4,496 SH
Other 0 0 0 0
PEAPACK GLADSTONE FINANCI Com 704699107 749,840 14,420 SH
Sole 0 14,420 0 0
PENNEY J C COMPANY Com 708160106 661,324 13,618 SH
Defined 0 12,418 1,200 800
PENNEY J C COMPANY Com 708160106 38,850 800 SH
Other 0 0 0 0
PEPSICO, INC Com 713448108 1,336,034 34,534 SH
Sole 0 54,414 0 1,300
PEPSICO, INC Com 713448108 598,883 15,480 SH
Defined 0 0 0 0
PEPSICO, INC Com 713448108 220,519 5,700 SH
Other 0 0 0 0
PFIZER, INC. Com 717081103 2,386,010 21,890 SH
Sole 0 39,565 700 4,730
PFIZER, INC. Com 717081103 1,145,045 10,505 SH
Defined 0 0 0 0
PFIZER, INC. Com 717081103 1,373,400 12,600 SH
Other 0 0 0 0
PHILIP MORRIS COS, INC Com 718154107 1,780,025 44,293 SH
Sole 0 63,693 2,400 1,700
PHILIP MORRIS COS, INC Com 718154107 835,900 20,800 SH
Defined 0 0 0 0
PHILIP MORRIS COS, INC Com 718154107 32,150 800 SH
Other 0 0 0 0
PITNEY BOWES INC Com 724479100 205,600 3,200 SH
Sole 0 6,400 0 0
PITNEY BOWES INC Com 724479100 205,600 3,200 SH
Defined 0 0 0 0
PLEASANT BAY CORP Com 728990102 1,002,964 8,135 SH
Sole 0 8,135 0 0
PROCTOR & GAMBLE Com 742718109 5,243,055 58,746 SH
Sole 0 70,684 600 4,730
PROCTOR & GAMBLE Com 742718109 781,830 8,760 SH
Defined 0 0 0 0
PROCTOR & GAMBLE Com 742718109 759,339 8,508 SH
Other 0 0 0 0
RAYTHEON CO. NEW Com 755111408 236,175 3,350 SH
Sole 0 6,600 0 100
RAYTHEON CO. NEW Com 755111408 66,975 950 SH
Defined 0 0 0 0
RAYTHEON CO. NEW Com 755111408 169,200 2,400 SH
Other 0 0 0 0
ROYAL BANK OF SCOTLAND GR Pfd 780097879 724,625 31,000 SH
Sole 0 39,050 0 600
ROYAL BANK OF SCOTLAND GR Pfd 780097879 188,169 8,050 SH
Defined 0 0 0 0
ROYAL BANK OF SCOTLAND GR Pfd 780097879 14,025 600 SH
Other 0 0 0 0
ROYAL DUTCH PETR CO. N. Com 780257804 344,148 5,712 SH
Sole 0 15,984 400 0
ROYAL DUTCH PETR CO. N. Com 780257804 618,888 10,272 SH
Defined 0 0 0 0
SBC COMMUNICATIONS INC Com 78387G103 3,789,662 65,339 SH
Sole 0 87,246 5,892 17,245
SBC COMMUNICATIONS INC Com 78387G103 1,475,752 25,444 SH
Defined 0 0 0 0
SBC COMMUNICATIONS INC Com 78387G103 1,136,800 19,600 SH
Other 0 0 0 0
SARA LEE CORP Com 803111103 527,779 23,263 SH
Sole 0 36,613 0 400
SARA LEE CORP Com 803111103 311,953 13,750 SH
Defined 0 0 0 0
SCHERING-PLOUGH CORP Com 806605101 208,530 3,972 SH
Sole 0 4,022 0 0
SCHERING-PLOUGH CORP Com 806605101 2,625 50 SH
Defined 0 0 0 0
SCHLUMBERGER, LTD Com 806857108 251,566 3,950 SH
Sole 0 6,355 0 200
SCHLUMBERGER, LTD Com 806857108 159,537 2,505 SH
Defined 0 0 0 0
SCHLUMBERGER, LTD Com 806857108 6,369 100 SH
Other 0 0 0 0
SEACOAST FINANCIAL Com 81170Q106 165,461 14,546 SH
Sole 0 171,425 0 0
SEACOAST FINANCIAL Com 81170Q106 1,784,499 156,879 SH
Other 0 0 0 0
SEARS ROEBUCK CO Com 812387108 106,683 2,394 SH
Sole 0 4,537 0 4,318
SEARS ROEBUCK CO Com 812387108 44,563 1,000 SH
Defined 0 0 0 0
SEARS ROEBUCK CO Com 812387108 243,356 5,461 SH
Other 0 0 0 0
SMITHKLINE BEECHAM P L C Com 832378301 330,313 5,000 SH
Defined 0 5,000 0 0
SOUTHERN COMPANY Com 842587107 150,176 5,667 SH
Sole 0 5,659 0 3,432
SOUTHERN COMPANY Com 842587107 10,600 400 SH
Defined 0 0 0 0
SOUTHERN COMPANY Com 842587107 80,136 3,024 SH
Other 0 0 0 0
SPRINT CORP Com 852061100 159,000 3,000 SH
Sole 0 9,300 0 0
SPRINT CORP Com 852061100 333,900 6,300 SH
Defined 0 0 0 0
STAPLES INCORPORATED Com 855030102 479,531 15,500 SH
Sole 0 21,202 0 800
STAPLES INCORPORATED Com 855030102 201,156 6,502 SH
Defined 0 0 0 0
STATE STREET CORP Com 857477103 46,956 550 SH
Sole 0 2,950 0 9,152
STATE STREET CORP Com 857477103 204,900 2,400 SH
Defined 0 0 0 0
STATE STREET CORP Com 857477103 781,352 9,152 SH
Other 0 0 0 0
SUMMIT BANCORP NEW Com 866005101 560,622 13,408 SH
Sole 0 14,008 0 0
SUMMIT BANCORP NEW Com 866005101 25,088 600 SH
Defined 0 0 0 0
SUN MICROSYSTEMS INC Com 866810104 96,425 1,400 SH
Sole 0 5,414 0 1,400
SUN MICROSYSTEMS INC Com 866810104 248,914 3,614 SH
Defined 0 0 0 0
SUN MICROSYSTEMS INC Com 866810104 123,975 1,800 SH
Other 0 0 0 0
SYSCO CORP. Com 871829107 488,925 16,400 SH
Sole 0 16,400 0 0
TJX COMPANIES Com 872540109 979,388 29,400 SH
Sole 0 35,762 0 400
TJX COMPANIES Com 872540109 225,259 6,762 SH
Defined 0 0 0 0
TEXACO, INC. Com 881694103 339,819 5,448 SH
Sole 0 6,588 0 300
TEXACO, INC. Com 881694103 68,613 1,100 SH
Defined 0 0 0 0
TEXACO, INC. Com 881694103 21,208 340 SH
Other 0 0 0 0
TEXAS INSTRUMENTS Com 882508104 201,600 1,400 SH
Sole 0 1,800 0 500
TEXAS INSTRUMENTS Com 882508104 86,400 600 SH
Defined 0 0 0 0
TEXAS INSTRUMENTS Com 882508104 43,200 300 SH
Other 0 0 0 0
TEXAS UTILITIES CO. Com 882848104 190,613 4,600 SH
Sole 0 5,100 0 500
TEXAS UTILITIES CO. Com 882848104 24,863 600 SH
Defined 0 0 0 0
TEXAS UTILITIES CO. Com 882848104 16,575 400 SH
Other 0 0 0 0
TIME WARNER INC. Com 887315109 588,263 8,100 SH
Sole 0 9,550 0 0
TIME WARNER INC. Com 887315109 105,306 1,450 SH
Defined 0 0 0 0
TYCO INTL LTD NEW Com 902124106 199,544 2,106 SH
Sole 0 4,267 0 0
TYCO INTL LTD NEW Com 902124106 204,755 2,161 SH
Defined 0 0 0 0
UNION PACIFIC CORP Com 907818108 222,870 3,822 SH
Sole 0 12,922 0 1,058
UNION PACIFIC CORP Com 907818108 481,545 8,258 SH
Defined 0 0 0 0
UNION PACIFIC CORP Com 907818108 110,794 1,900 SH
Other 0 0 0 0
U S WEST, INC NEW Com 91273H101 421,590 7,176 SH
Sole 0 12,871 2,227 1,706
U S WEST, INC NEW Com 91273H101 411,661 7,007 SH
Defined 0 0 0 0
U S WEST, INC NEW Com 91273H101 153,984 2,621 SH
Other 0 0 0 0
UNITED TECHNOLOGIES Com 913017109 135,360 1,880 SH
Sole 0 1,960 0 6,408
UNITED TECHNOLOGIES Com 913017109 5,760 80 SH
Defined 0 0 0 0
UNITED TECHNOLOGIES Com 913017109 461,376 6,408 SH
Other 0 0 0 0
VIATEL INC Com 925529208 280,625 5,000 SH
Other 0 0 0 5,000
VULCAN MATERIALS CO Com 929160109 2,054,099 42,572 SH
Sole 0 45,222 0 900
VULCAN MATERIALS CO Com 929160109 127,863 2,650 SH
Defined 0 0 0 0
VULCAN MATERIALS CO Com 929160109 43,425 900 SH
Other 0 0 0 0
WALGREEN CO. Com 931422109 681,500 23,200 SH
Sole 0 24,200 0 0
WALGREEN CO. Com 931422109 29,375 1,000 SH
Defined 0 0 0 0
WARNER LAMBERT CO Com 934488107 610,236 8,828 SH
Sole 0 17,458 0 0
WARNER LAMBERT CO Com 934488107 596,549 8,630 SH
Defined 0 0 0 0
WELLS FARGO & COMPANY NEW Com 949746101 636,975 14,900 SH
Sole 0 17,460 0 0
WELLS FARGO & COMPANY NEW Com 949746101 109,440 2,560 SH
Defined 0 0 0 0
XEROX CORPORATION Com 984121103 509,828 8,632 SH
Sole 0 8,932 0 1,398
XEROX CORPORATION Com 984121103 17,719 300 SH
Defined 0 0 0 0
XEROX CORPORATION Com 984121103 82,569 1,398 SH
Other 0 0 0 0
DAIMLER CHRYSLER AG ORD Com D1668R123 232,735 2,615 SH
Sole 0 2,784 0 374
DAIMLER CHRYSLER AG ORD Com D1668R123 35,956 404 SH
Defined 0 0 0 0
DAIMLER CHRYSLER AG ORD Com D1668R123 12,371 139 SH
Other 0 0 0 0
H.H. SNOW & SONS, INC. Com MA1000395 1,194,960 6,000 SH
Sole 0 6,000 0 0
</TABLE>
