UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 06/30/00
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: UNITED NATIONAL BANK /NJ/
Address: 1130 RT 22 EAST P O BOX 6000
BRIDGEWATER, NJ 08807-0010
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: WILLIAM M. PETERS
Title: VP & CHIEF INV. OFFICER
Phone: (908) 429-2304
Signature, Place, and Date of Signing:
UNITED NATIONAL BANK /NJ/ BRIDGEWATER, NJ
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: 310
Form 13F Information Table Entry Total: $697,095
List of Other Included Managers:
NONE
<PAGE>
<TABLE> <C> <C>
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
------------------------------ ---------------- --------- -------- --- --- --- ---- ------- ------------- ------- --------- ------
AES CORPORATION COM 00130H105 905 19850 SH SOLE 19250 600
AES CORPORATION COM 00130H105 9 200 SH DEFINED 200
AT&T CORP COM 001957109 1080 34152 SH SOLE 33492 660
AT&T CORP COM 001957109 802 25367 SH DEFINED 23292 2075
AT&T CORP CONV DEB 001957AU3 696 740000 PRN SOLE 740000
AT&T CORP CONV DEB 001957AV1 490 550000 PRN SOLE 550000
ABBOTT LABS COM 002824100 1136 25500 SH SOLE 25500
ABBOTT LABS COM 002824100 44 1000 SH DEFINED 1000
AGILENT TECHNOLOGIES INC COM 00846U101 151 2054 SH SOLE 2054
AGILENT TECHNOLOGIES INC COM 00846U101 106 1448 SH DEFINED 1448
ALLSTATE CORP CONV DEB 020002AL5 655 650000 PRN SOLE 650000
ALLSTATE CORP CONV DEB 020002AL5 25 25000 PRN DEFINED 25000
AMERICAN EXPRESS CO COM 025816109 983 18864 SH SOLE 18864
AMERICAN EXPRESS CO CAP TRUST CONV PFD 02583Y205 542 25400 SH SOLE 25400
AMERICAN HOME PRODS CORP COM 026609107 6958 118439 SH SOLE 118439
AMERICAN HOME PRODS CORP COM 026609107 6382 108643 SH DEFINED 101543 6700 400
AMERICAN INTL GROUP INC COM 026874107 9526 81079 SH SOLE 80779 300
AMERICAN INTL GROUP INC COM 026874107 1226 10437 SH DEFINED 9837 400 200
APPLE COMPUTER INC NTS CONV DEB 037833AA8 456 500000 PRN SOLE 500000
AUTOMATIC DATA PROCESSING COM 053015103 1301 24300 SH SOLE 24300
AUTOMATIC DATA PROCESSING COM 053015103 546 10200 SH DEFINED 9200 1000
BP AMOCO PLC COM 055622104 1401 24780 SH SOLE 24780
BP AMOCO PLC COM 055622104 2356 41668 SH DEFINED 40645 1023
BP AMER INC GEN TERM NTS SR NT CONV DEB 055625AN7 25 25000 PRN SOLE 25000
BP AMER INC GEN TERM NTS SR NT CONV DEB 055625AN7 254 250000 PRN DEFINED 250000
BANC ONE CORP CONV DEB 059438AF8 301 310000 PRN SOLE 310000
BANC ONE CORP CONV DEB 059438AF8 97 100000 PRN DEFINED 100000
BANK OF AMERICA CORPORATION COM 060505104 1755 40815 SH SOLE 40702 113
BANK OF AMERICA CORPORATION COM 060505104 266 6191 SH DEFINED 5837 354
BANK OF BOSTON CORP CONV DEB 060716AX5 490 500000 PRN SOLE 500000
BANK OF BOSTON CORP CONV DEB 060716AX5 98 100000 PRN DEFINED 100000
BANK OF BOSTON CORP CONV DEB 060716BR7 397 410000 PRN SOLE 410000
BANK NEW YORK INC COM 064057102 945 20334 SH SOLE 20334
BANK OF NEW YORK CONV DEB 06406JAG0 461 500000 PRN SOLE 500000
BANK AMERICA CORP SUB NT CONV DEB 066050BP9 919 910000 PRN SOLE 910000
BANK AMERICA CORP CONV DEB 066050BQ7 507 500000 PRN SOLE 500000
BANK AMERICA CORP CONV DEB 066050BS3 70 70000 PRN SOLE 70000
BANK AMERICA CORP CONV DEB 066050BS3 226 225000 PRN DEFINED 225000
BANKAMERICA CORP CONV DEB 066050BV6 398 400000 PRN SOLE 400000
BANK AMERICA CORP CONV DEB 066050BW4 215 215000 PRN SOLE 215000
BANKAMERICA CORP NOTE CONV DEB 066050BY0 250 255000 PRN SOLE 255000
BANK AMERICA CORP NTS CONV DEB 066050CB9 841 860000 PRN SOLE 860000
BANKERS TR NY CORP CONV DEB 066365BD8 249 250000 PRN SOLE 250000
BANKERS TRUST NY CORP CONV DEB 066365BF3 506 510000 PRN SOLE 510000
BANKERS TRUST CONV DEB 066365BW6 471 500000 PRN SOLE 500000
BANKERS TRUST CONV DEB 066365BY2 241 250000 PRN SOLE 250000
BEAR STEARNS COS INC CONV DEB 073902AM0 578 600000 PRN SOLE 600000
BEAR STEARNS COS INC CONV DEB 073902AM0 192 200000 PRN DEFINED 200000
BEAR STEARNS CO CONV DEB 073902AZ1 420 450000 PRN SOLE 450000
BEAR STEARNS COS INC CONV DEB 073902BM9 251 265000 PRN SOLE 265000
BELL ATLANTIC CORP COM 077853109 2886 56800 SH SOLE 55566 1234
BELL ATLANTIC CORP COM 077853109 1362 26822 SH DEFINED 25232 1090 500
BELLSOUTH CORPORATION COM 079860102 2669 62628 SH SOLE 60628 2000
BELLSOUTH CORPORATION COM 079860102 1081 25384 SH DEFINED 21116 3768 500
BESTFOODS INC. COM 08658U101 477 6900 SH SOLE 6900
BESTFOODS INC. COM 08658U101 34 500 SH DEFINED 500
BOSTON SCIENTIFIC CORP COM 101137107 299 13660 SH DEFINED 13660
BRISTOL MYERS SQUIBB CO. COM 110122108 12431 213409 SH SOLE 212709 700
BRISTOL MYERS SQUIBB CO. COM 110122108 8196 140719 SH DEFINED 129535 11184
BROADCOM CORP-CL A COM 111320107 8527 38950 SH SOLE 38950
BROADCOM CORP-CL A COM 111320107 21 100 SH DEFINED 100
BURLINGTON NORTHERN SANTA FE C COM 12189T104 252 11004 SH SOLE 11004
BURLINGTON NORTHERN SANTA FE C COM 12189T104 281 12255 SH DEFINED 12255
CIGNA CONV DEB 125509AF6 295 300000 PRN SOLE 300000
CNA FINANCIAL CORP CONV DEB 126117AK6 1041 1235000 PRN SOLE 1235000
CHASE MANHATTAN CORP NEW COM COM 16161A108 11134 241721 SH SOLE 240671 1050
CHASE MANHATTAN CORP NEW COM COM 16161A108 2100 45599 SH DEFINED 42854 2745
CHASE MANHATTAN COR CONV DEB 16161AAP3 671 700000 PRN SOLE 700000
CHASE MANHATTAN COR CONV DEB 16161ABJ6 505 500000 PRN SOLE 500000
CHASE MANHATTAN COR CONV DEB 16161ABJ6 101 100000 PRN DEFINED 100000
CHASE MANHATTAN CORP CONV DEB 16161NBF6 691 700000 PRN SOLE 700000
CHEVRON CORP COM 166751107 1534 18094 SH SOLE 18094
CHEVRON CORP COM 166751107 416 4908 SH DEFINED 4908
CISCO SYSTEMS COM 17275R102 35169 553302 SH SOLE 552202 1100
CISCO SYSTEMS COM 17275R102 4919 77400 SH DEFINED 72500 4100 800
CITIGROUP INC COM COM 172967101 12913 214329 SH SOLE 213829 500
CITIGROUP INC COM COM 172967101 2257 37471 SH DEFINED 30350 6721 400
CITICORP CONV DEB 173034GK9 504 510000 PRN SOLE 510000
CITICORP 7.5% DUE 8/25/10 CONV DEB 17303MDL0 385 400000 PRN SOLE 400000
CITICORP SUB MED TERM NOTES CONV DEB 17303MDS5 471 500000 PRN SOLE 500000
CITICORP MED TERM NOTE CONV DEB 17303MFD6 625 650000 PRN SOLE 650000
CITIGROUP CAPITAL V PREFERRED CONV PFD 17306K209 213 10000 SH SOLE 10000
CITIZENS UTILITIES CO CONV DEB 177342AJ1 298 300000 PRN SOLE 300000
CITIZENS UTILITIES CO CONV DEB 177342AJ1 49 50000 PRN DEFINED 50000
COCA COLA CO COM 191216100 1114 19400 SH SOLE 19400
COCA COLA CO COM 191216100 358 6250 SH DEFINED 6250
COCA COLA ENTERPRISES INC NT CONV DEB 191219AM6 404 400000 PRN SOLE 400000
COCA COLA ENTERPRISES CONV DEB 191219BB9 227 245000 PRN SOLE 245000
COCA-COLA ENTERPRISES CONV DEB 191219BF0 265 300000 PRN SOLE 300000
COLGATE PALMOLIVE CO COM 194162103 1373 22945 SH SOLE 22945
COLGATE PALMOLIVE CO COM 194162103 281 4700 SH DEFINED 3400 1300
COLGATE-PALMOLIVE CO CONV DEB 19416QCQ1 636 650000 PRN SOLE 650000
COMPAQ COMPUTER COM 204493100 265 10387 SH SOLE 10387
COMPAQ COMPUTER COM 204493100 40 1600 SH DEFINED 1600
COMPAQ COMPUTER CORP. CONV DEB 204493AF7 402 400000 PRN SOLE 400000
CONSOLIDATED NATURAL GAS CO CONV DEB 209615BM4 238 250000 PRN SOLE 250000
CORESTATES CAPITAL CORP CONV DEB 218693AH2 214 225000 PRN SOLE 225000
DEAN WITTER DISCOVER & CO. CONV DEB 24240VAC5 247 250000 PRN SOLE 250000
DEERE & COMPANY CONV DEB 244199AY1 402 400000 PRN SOLE 400000
DELL COMPUTER CO. COM 247025109 9869 200150 SH SOLE 199350 800
DELL COMPUTER CO. COM 247025109 611 12400 SH DEFINED 10400 1300 700
DEVEL. DIVERSIFIED REALTY CONV PFD 251591509 247 11000 SH SOLE 11000
WALT DISNEY PRODTNS COM 254687106 352 9090 SH SOLE 9090
WALT DISNEY PRODTNS COM 254687106 58 1500 SH DEFINED 1500
DOLE FOOD INC. CONV DEB 256605AB2 273 300000 PRN SOLE 300000
DOW CHEM CO COM 260543103 312 10350 SH SOLE 10350
DOW CHEM CO COM 260543103 72 2400 SH DEFINED 2400
DU PONT E I DE NEMOURS & CO COM 263534109 821 18769 SH SOLE 18769
DU PONT E I DE NEMOURS & CO COM 263534109 563 12886 SH DEFINED 12886
DU PONT E I DE NEMOURS & CO CONV DEB 263534AY5 206 200000 PRN SOLE 200000
EMC CORP COM 268648102 39057 507650 SH SOLE 506050 1600
EMC CORP COM 268648102 2904 37750 SH DEFINED 35200 1350 1200
EASTMAN KODAK CO COM 277461109 13 225 SH SOLE 225
EASTMAN KODAK CO COM 277461109 349 5871 SH DEFINED 5871
ENRON CORP COM 293561106 6982 108250 SH SOLE 107750 500
ENRON CORP COM 293561106 706 10950 SH DEFINED 10350 400 200
ENTERGY LOUISIANA, INC. CONV DEB 29364MAA8 460 500000 PRN SOLE 500000
EXXON MOBIL CORP COM 30231G102 17917 228247 SH SOLE 227997 250
EXXON MOBIL CORP COM 30231G102 14339 182665 SH DEFINED 180385 2280
FIFTH THIRD BANCORP COM 316773100 936 14800 SH SOLE 14800
FIFTH THIRD BANCORP COM 316773100 246 3900 SH DEFINED 3900
FIRST DATA CORPORATION CONV DEB 32006YAG7 378 400000 PRN SOLE 400000
FIRST SENTINEL BANCORP INC COM 33640T103 98 11958 SH SOLE 11958
FIRST SENTINEL BANCORP INC COM 33640T103 47 5729 SH DEFINED 5729
FLEET/NORSTAR FINL CONV DEB 339018AF0 306 295000 PRN SOLE 295000
FLEET NATIONAL BANK CONV DEB 33901LAA2 261 300000 PRN SOLE 300000
FORD MTR CO DEL COM 345370100 2048 47650 SH SOLE 47250 400
FORD MTR CO DEL COM 345370100 595 13850 SH DEFINED 13100 750
FORD MOTOR CREDIT CO CONV DEB 345397GN7 757 750000 PRN SOLE 750000
FORD MOTOR CREDIT CONV DEB 345397GS6 499 500000 PRN SOLE 500000
FORD MOTOR CREDIT CONV DEB 345397GV9 533 550000 PRN SOLE 550000
FORD MOTOR CREDIT CO CONV DEB 345397SD6 443 455000 PRN SOLE 455000
FORD MOTOR CREDIT CO CONV DEB 345402YC9 488 500000 PRN SOLE 500000
G T E CORP COM 362320103 136 2200 SH SOLE 2200
G T E CORP COM 362320103 199 3200 SH DEFINED 2500 700
GTE NORTH INC. CONV DEB 362337AM9 277 320000 PRN SOLE 320000
GTE SOUTH INC. CONV DEB 36233TAH2 321 350000 PRN SOLE 350000
GAP INC COM 364760108 4793 153397 SH SOLE 152697 700
GAP INC COM 364760108 196 6300 SH DEFINED 6100 200
GENERAL ELEC CO COM 369604103 50827 959001 SH SOLE 956901 2100
GENERAL ELEC CO COM 369604103 32636 615792 SH DEFINED 588492 26700 600
GENERAL ELECTRIC CAP GE CONV DEB 36962GSX3 480 500000 PRN SOLE 500000
GENERAL ELECTRIC CAP CORP CONV DEB 36962GTH7 1070 1100000 PRN SOLE 1100000
GENERAL ELECTRIC CAP CORP CONV DEB 36962GUK8 290 300000 PRN SOLE 300000
GENERAL ELECTRIC CAP CORP CONV DEB 36962GUL6 201 200000 PRN SOLE 200000
GENERAL ELECTRIC CAPITAL CORP CONV DEB 36962GUP7 299 300000 PRN SOLE 300000
GENERAL MOTORS ACCEPTANCE CORP CONV DEB 370424CK7 291 300000 PRN SOLE 300000
GENERAL MTRS ACCEPT CORP CONV DEB 370424GL1 208 210000 PRN SOLE 210000
GENERAL MOTORS ACCEP CORP CONV DEB 370424GR8 511 500000 PRN SOLE 500000
GENERAL MOTORS ACCEPT CORP CONV DEB 370425RG7 273 300000 PRN SOLE 300000
GENERAL MOTORS ACCEPTANCE CORP CONV DEB 370425RP7 317 320000 PRN SOLE 320000
GENERAL MOTORS ACCEPTANCE CORP CONV DEB 37042FVZ8 257 275000 PRN SOLE 275000
GENERAL MOTORS COM 370442105 540 9312 SH SOLE 9312
GENERAL MOTORS COM 370442105 442 7628 SH DEFINED 7428 200
GILLETTE CO COM 375766102 282 8100 SH SOLE 8100
GILLETTE CO COM 375766102 48 1400 SH DEFINED 1400
GREAT WESTERN FIN'L TR. I CONV PFD 39141F203 230 10000 SH SOLE 10000
GUIDANT CORP COM 401698105 173 3500 SH SOLE 3500
GUIDANT CORP COM 401698105 69 1400 SH DEFINED 1400
HRPT PPTYS TR COM 40426W101 166 27150 SH SOLE 27150
ITT HARTFORD CAPITAL PFD CONV PFD 416315208 306 13600 SH SOLE 13600
HELLER FINANCIAL NOTES CONV DEB 423328BG7 297 300000 PRN SOLE 300000
HEWLETT-PACKARD COM 428236103 674 5400 SH SOLE 5400
HEWLETT-PACKARD COM 428236103 524 4200 SH DEFINED 4200
HOME DEPOT INC COM 437076102 10677 213817 SH SOLE 213417 400
HOME DEPOT INC COM 437076102 1685 33750 SH DEFINED 28500 4100 1150
HONEYWELL INTL INC COM COM 438516106 2223 66017 SH SOLE 65817 200
HONEYWELL INTL INC COM COM 438516106 633 18800 SH DEFINED 18000 800
HOUSEHOLD FINANCE CONV DEB 441812FT6 580 600000 PRN SOLE 600000
HOUSEHOLD FINANCE CORP CONV DEB 441812GJ7 490 500000 PRN SOLE 500000
I.E.S. UTLITIES INC. CONV PFD 44949R508 225 10000 SH SOLE 10000
INTEL CORP COM 458140100 17443 130482 SH SOLE 129582 900
INTEL CORP COM 458140100 5093 38100 SH DEFINED 34000 3800 300
INTERNATIONAL BUSINESS MACHS C COM 459200101 994 9074 SH SOLE 9074
INTERNATIONAL BUSINESS MACHS C COM 459200101 925 8448 SH DEFINED 6648 1800
INTERNATIONAL BUSINESS MACHINE CONV DEB 459200AJ0 500 500000 PRN SOLE 500000
IBM CORPORATION CONV DEB 45920QBM5 267 300000 PRN SOLE 300000
JOHNSON & JOHNSON COM 478160104 8197 80470 SH SOLE 80470
JOHNSON & JOHNSON COM 478160104 26191 257097 SH DEFINED 179760 77337
LEHMAN BROS HOLDINGS INC CONV DEB 524908CK4 600 600000 PRN SOLE 600000
LEHMAN BROTHERS INC CONV DEB 524909BB3 295 300000 PRN SOLE 300000
LEHMAN BROTHERS HOLDINGS CONV DEB 52517PPZ8 293 300000 PRN SOLE 300000
LEHMAN BROTHERS HOLDINGS CONV DEB 52517PQT1 483 500000 PRN SOLE 500000
LILY ELI & CO COM 532457108 99 1000 SH SOLE 1000
LILY ELI & CO COM 532457108 1254 12560 SH DEFINED 12560
LIMITED INC NT CONV DEB 532716AE7 505 500000 PRN SOLE 500000
LIMITED INC NT CONV DEB 532716AE7 252 250000 PRN DEFINED 250000
LUCENT TECHNOLOGIES COM 549463107 12294 207506 SH SOLE 206042 1464
LUCENT TECHNOLOGIES COM 549463107 3575 60345 SH DEFINED 54484 4901 960
LUCENT TECHNOLOGIES CONV DEB 54946EAD5 297 300000 PRN SOLE 300000
MBNA CORP COM 55262L100 4729 174375 SH SOLE 173675 700
MBNA CORP COM 55262L100 865 31900 SH DEFINED 29800 1600 500
MCI CORP 8.0% PFD. CONV PFD 55267Y206 340 14600 SH SOLE 14600
MCCORMICK SUB NT CONV DEB 579780AB3 254 250000 PRN SOLE 250000
MCGRAW-HILL COMPANIES COM 580645109 178 3300 SH SOLE 3300
MCGRAW-HILL COMPANIES COM 580645109 140 2600 SH DEFINED 1800 800
MEDIAONE GROUP INC COM COM 58440J104 128 1934 SH SOLE 1934
MEDIAONE GROUP INC COM COM 58440J104 72 1084 SH DEFINED 1084
MEDTRONIC, INC COM 585055106 7197 144500 SH SOLE 143500 1000
MEDTRONIC, INC COM 585055106 662 13300 SH DEFINED 12300 600 400
MELLON BANK SUB NOTES CONV DEB 585907AF5 262 275000 PRN SOLE 275000
MELLON BANK SUB NOTES CONV DEB 585907AF5 95 100000 PRN DEFINED 100000
MERCK & CO INC COM 589331107 24363 317964 SH SOLE 316664 1300
MERCK & CO INC COM 589331107 13082 170728 SH DEFINED 167000 2600 1128
MERRILL LYNCH & CO INC CONV DEB 590188DY1 306 300000 PRN SOLE 300000
MERRILL LYNCH CONV DEB 590188ES3 615 650000 PRN SOLE 650000
MERRILL LYNCH & CO CONV DEB 590188JP4 265 300000 PRN SOLE 300000
MERRILL LYNCH CONV DEB 59018S5X8 484 500000 PRN SOLE 500000
MERRILL LYNCH CONV DEB 59018SY24 415 445000 PRN SOLE 445000
MICROSOFT CORP COM 594918104 14168 177105 SH SOLE 176805 300
MICROSOFT CORP COM 594918104 2912 36400 SH DEFINED 31950 3050 1400
MIDDLESEX WTR CO COM 596680108 316 11060 SH SOLE 11060
MIDDLESEX WTR CO COM 596680108 4 154 SH DEFINED 154
MINNESOTA MNG & MFG CO COM 604059105 467 5666 SH SOLE 5666
MINNESOTA MNG & MFG CO COM 604059105 420 5100 SH DEFINED 4900 200
MORGAN J P & CO INC COM 616880100 659 5985 SH SOLE 5985
MORGAN J P & CO INC COM 616880100 644 5852 SH DEFINED 5304 548
J P MORGAN & CO SUB NTS CONV DEB 616880BG4 228 250000 PRN SOLE 250000
MORGAN JP & CO INC CONV DEB 616880BT6 283 300000 PRN SOLE 300000
MORGAN STANLEY FIN. PLC CONV PFD 616906707 509 21000 SH SOLE 21000
MORGAN STANLEY DEAN WITTER COM 617446448 302 3632 SH SOLE 3632
NATIONS BANK CORP SUB NOTES CONV DEB 638585AJ8 253 250000 PRN SOLE 250000
NETWORK APPLIANCE INC COM 64120L104 26464 328750 SH SOLE 328250 500
NETWORK APPLIANCE INC COM 64120L104 623 7750 SH DEFINED 7450 300
NEW YORK TIMES CO. NTS CONV DEB 650111AA5 1025 1000000 PRN SOLE 1000000
NOKIA CORPORATION - SPON ADR COM 654902204 13850 277350 SH SOLE 276750 600
NOKIA CORPORATION - SPON ADR COM 654902204 1223 24500 SH DEFINED 24100 400
NORTEL NETWORKS CORPORATION COM 656568102 6627 97100 SH SOLE 97100
NORTEL NETWORKS CORPORATION COM 656568102 675 9900 SH DEFINED 7700 2000 200
NORTHERN STATE PWR CO CONV DEB 665772BM0 301 300000 PRN SOLE 300000
ORACLE SYSTEMS CORP. COM 68389X105 1828 21754 SH SOLE 21754
ORACLE SYSTEMS CORP. COM 68389X105 84 1000 SH DEFINED 1000
PPG INDS INC COM 693506107 44 1000 SH SOLE 1000
PPG INDS INC COM 693506107 177 4000 SH DEFINED 4000
PACIFIC GAS & ELEC NTS CONV DEB 694308EA1 212 210000 PRN SOLE 210000
PACIFIC GAS & ELEC CO CONV DEB 694308EW3 279 300000 PRN SOLE 300000
PACIFIC TELEPHONE & TELEGRAPH CONV DEB 694886AR3 525 540000 PRN SOLE 540000
PACIFIC TELESIS FINANCING CONV PFD 694887209 267 12000 SH SOLE 12000
PACIFICORP 8.25% PFD CONV PFD 695115204 251 11000 SH SOLE 11000
PEPSICO INC COM 713448108 631 14200 SH SOLE 13800 400
PEPSICO INC COM 713448108 431 9700 SH DEFINED 9300 400
PFIZER INC COM 717081103 12367 257662 SH SOLE 256962 700
PFIZER INC COM 717081103 1852 38588 SH DEFINED 37688 300 600
PHARMACIA CORP COM COM 71713U102 191 3700 SH SOLE 3700
PHARMACIA CORP COM COM 71713U102 361 7000 SH DEFINED 6600 400
PHILIP MORRIS COMPANIES COM 718154107 247 9300 SH SOLE 9300
PHILIP MORRIS CO INC NTS CONV DEB 718154BQ9 520 525000 PRN SOLE 525000
PHILIP MORRIS CONV DEB 718154BU0 277 280000 PRN SOLE 280000
PHILIP MORRIS CO. CONV DEB 718154BV8 466 475000 PRN SOLE 475000
PHILLIPS PETE CO COM 718507106 114 2250 SH SOLE 2250
PHILLIPS PETE CO COM 718507106 126 2500 SH DEFINED 2500
POTOMAC ELECTRIC POWER CONV DEB 737679CM0 382 400000 PRN SOLE 400000
PROCTER & GAMBLE CO COM 742718109 1850 32321 SH SOLE 32321
PROCTER & GAMBLE CO COM 742718109 2246 39244 SH DEFINED 34244 5000
QUALCOMM INC COM 747525103 240 4000 SH DEFINED 4000
REPUBLIC NEW YORK CORP SUB NT CONV DEB 760719AT1 252 250000 PRN SOLE 250000
SBC COMMUNICATION COM 78387G103 1013 23434 SH SOLE 23149 285
SBC COMMUNICATION COM 78387G103 1040 24052 SH DEFINED 19406 4146 500
SALOMON SMITH BARNEY HLD CONV DEB 79548GAH0 242 250000 PRN SOLE 250000
SALOMON SMITH BARNEY HOLDINGS CONV DEB 79548GAM9 593 600000 PRN SOLE 600000
SALOMON INC NTS CONV DEB 79549BCF2 488 500000 PRN SOLE 500000
SCHERING PLOUGH CORP COM 806605101 2029 40188 SH SOLE 40188
SCHERING PLOUGH CORP COM 806605101 95 1900 SH DEFINED 1500 400
SCHLUMBERGER LTD COM 806857108 539 7230 SH SOLE 6830 400
SCHLUMBERGER LTD COM 806857108 350 4700 SH DEFINED 4700
SEAGRAM COMPANY CONV DEB 811850AE6 536 525000 PRN SOLE 525000
SOLECTRON CORP COM 834182107 5807 138690 SH SOLE 137390 1300
SOLECTRON CORP COM 834182107 498 11900 SH DEFINED 10900 600 400
SOUTHERN CALIF EDISON CO CONV DEB 842400DH3 284 300000 PRN SOLE 300000
SOUTHERN NEW ENGLAND TELECOM N CONV DEB 84348QAH0 468 475000 PRN SOLE 475000
SOUTHWESTERN BELL TEL CO CONV DEB 845335AG3 232 260000 PRN SOLE 260000
SPRINT CORP COM 852061100 900 17658 SH SOLE 17658
SPRINT CORP PCS COM SER 1 COM 852061506 458 7700 SH SOLE 7700
SPRINT CORP NOTES CONV DEB 852061AC4 510 500000 PRN SOLE 500000
STANDARD FEDERAL BANCORP CONV DEB 85338QAA4 296 300000 PRN SOLE 300000
STAPLES, INC. COM 855030102 149 9700 SH SOLE 8200 1500
STAPLES, INC. COM 855030102 50 3300 SH DEFINED 3300
SUN MICROSYSTEM INC COM 866810104 72 800 SH SOLE 800
SUN MICROSYSTEM INC COM 866810104 209 2300 SH DEFINED 2300
TARGET CORP COM 87612E106 5971 102950 SH SOLE 102950
TARGET CORP COM 87612E106 762 13150 SH DEFINED 11650 1500
TEXACO INC COM 881694103 1049 19704 SH SOLE 19704
TEXACO INC COM 881694103 467 8782 SH DEFINED 7782 1000
TEXAS INSTRS INC COM 882508104 2366 34450 SH SOLE 33850 600
TEXAS INSTRS INC COM 882508104 611 8900 SH DEFINED 7500 1000 400
ALLTEL CORP CONV DEB 885571AB5 247 250000 PRN SOLE 250000
TRANSAMERICA FINANCIAL CORP CONV DEB 89350LJR4 475 500000 PRN SOLE 500000
TYCO INTERNATIONAL LTD COM 902124106 10484 221300 SH SOLE 220600 700
TYCO INTERNATIONAL LTD COM 902124106 1132 23900 SH DEFINED 23300 600
UNION PAC RR CO CONV DEB 907821N57 242 255000 PRN SOLE 255000
UNITED NATIONAL BANCORP COM 910909100 12534 682135 SH SOLE 678776 3359
UNITED NATIONAL BANCORP COM 910909100 12217 664893 SH DEFINED 603650 61243
US LEASING INTERNATIONAL INC CONV DEB 912129AE3 266 275000 PRN SOLE 275000
US LEASING INTERNATIONAL INC CONV DEB 912129AE3 48 50000 PRN DEFINED 50000
US LEASING CONV DEB 912129AF0 283 300000 PRN SOLE 300000
U S WEST INC NEW COM COM 91273H101 752 8775 SH SOLE 8775
U S WEST INC NEW COM COM 91273H101 163 1912 SH DEFINED 1912
UNITED TECHNOLOGIES CORP COM 913017109 2435 41366 SH SOLE 41366
UNITED TECHNOLOGIES CORP COM 913017109 635 10800 SH DEFINED 10800
VALLEY NATL BANCORP COM 919794107 678 27893 SH SOLE 27893
VODAFONE AIRTOUCH PLC COM 92857T107 135 3265 SH SOLE 3265
VODAFONE AIRTOUCH PLC COM 92857T107 221 5340 SH DEFINED 5340
WALMART COM 931142103 533 9265 SH SOLE 9265
WEST PENN POWER CONV DEB 95527PAC2 387 400000 PRN SOLE 400000
WORLDCOM INC GA NEW COM COM 98157D106 3169 69100 SH SOLE 68600 500
WORLDCOM INC GA NEW COM COM 98157D106 483 10530 SH DEFINED 10530
WORLDCOM INC CONV DEB 98157DAC0 404 400000 PRN SOLE 400000
XEROX CORP CONV DEB 984121AT0 251 250000 PRN SOLE 250000
XEROX CORP CONV DEB 98412JBK9 237 250000 PRN SOLE 250000
ROYAL BANK OF SCOTLAND GRP ORD COM EX0754781 354 33594 SH SOLE 33594
</TABLE>
