UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 2010
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: Enterprise Financial Services Corp
Address: 150 North Meramec
Clayton, Missouri 63105
Form 13F File Number: 28-13645
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: Deborah N. Barstow
Title: Senior Vice President and Controller
Phone: 314-810-3624
Signature, Place, and Date of Signing:
/s/ Deborah N. Barstow Clayton, Missouri April 12, 2010
______________________
[Signature] [City, State] [Date]
Deborah N. Barstow
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: 1
Form 13F Information Table Entry Total: 611
Form 13F Information Table Value Total: $118,867 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) 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.
No. Form 13F File Number Name
1. 028-13646 Enterprise Bank & Trust
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 1
Below is a list of the equity securities that you have flagged on your Charlotte files as "13 F Securities" with a "13 F Investment
Discretion" of SOLE or SHARED . Securities are listed by Security Type and in CUSIP number order within each Security Type. Security
positions with an Investment Discretion of NONE, and Security Types 01-06, 12, 15, 16, 18-22, 25-27 and 34-37 are not included in
this report .
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
DAIMLER AG D1668R123 60 1287 SH SOLE 1287 0 0
ACCENTURE PLC G1151C101 1 16 SH SOLE 16 0 0
COOPER INDS LTD CL A G24140108 12 250 SH SOLE 250 0 0
GARMIN G37260109 0 7 SH SOLE 7 0 0
HERBALIFE LTD G4412G101 1 16 SH SOLE 16 0 0
INGERSOLL RAND LTD G47791101 519 14875 SH SOLE 5315 0 9560
TONGXIN INTL LTD G8918T103 5 650 SH SOLE 650 0 0
TRI-TECH HOLDING INC G9103F106 5 300 SH SOLE 300 0 0
XL CAPITAL LTD CL A G98255105 1 40 SH SOLE 40 0 0
TRANSOCEAN LTD H8817H100 46 535 SH DEFINED 0 0 535
UBS AG H89231338 1 32 SH SOLE 32 0 0
ECTELL LTD M29925100 0 16 SH SOLE 16 0 0
CORE LABORATORIES NV N22717107 1 6 SH SOLE 6 0 0
ABB LTD ADR 000375204 16 740 SH SOLE 740 0 0
AT&T INC 00206R102 903 34958 SH SOLE 30558 2400 2000
AARON'S INC 002535201 5 160 SH SOLE 160 0 0
ABBOTT LABORATORIES 002824100 390 7401 SH SOLE 1821 2700 2880
ABRAXIS BIOSCIENCE (NEW) 00383Y102 5 95 SH SOLE 95 0 0
ADOBE SYSTEMS INC 00724F101 28 800 SH SOLE 800 0 0
AECOM TECHNOLOGY CORP 00766T100 48 1700 SH SOLE 1700 0 0
AFFILIATED MANAGERS GROUP 008252108 67 850 SH SOLE 850 0 0
AGNICO EAGLE MINES LTD 008474108 306 5500 SH SOLE 5500 0 0
AIRGAS INC 009363102 62 969 SH SOLE 969 0 0
ALBEMARLE CORP 012653101 41 960 SH SOLE 0 960 0
ALEXANDRIA REAL ESTATE 015271109 2 25 SH SOLE 25 0 0
ALLERGAN INC 018490102 413 6325 SH SOLE 1750 0 4575
ALLERGAN INC 018490102 33 500 SH DEFINED 0 0 500
ALLIANT ENERGY CORP 018802108 33 1000 SH SOLE 0 1000 0
ALLSTATE CORP 020002101 34 1060 SH SOLE 1060 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 1 3038 81073 53963 7060 20050
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 2
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
ALTRIA GROUP INC 02209S103 27 1314 SH SOLE 1314 0 0
AMAZON.COM INC 023135106 23 168 SH SOLE 168 0 0
AMEDISYS INC 023436108 5 90 SH SOLE 90 0 0
AMEREN CORP 023608102 194 7428 SH SOLE 7028 0 400
AMERICA MOVIL S A B DE C V 02364W105 58 1150 SH SOLE 1150 0 0
AMERICAN EXPRESS CO 025816109 408 9891 SH SOLE 9051 840 0
AMERISOURCEBERGEN CORP 03073E105 12 400 SH SOLE 400 0 0
AMERIGROUP CORP 03073T102 6 180 SH SOLE 180 0 0
AMERIPRISE FINL INC 03076C106 119 2620 SH SOLE 2452 168 0
AMGEN INC 031162100 70 1167 SH SOLE 1167 0 0
ANHEUSER BUSCH INBEV ADR 03524A108 50 1000 SH SOLE 0 0 1000
APACHE CORPORATION 037411105 262 2579 SH SOLE 2579 0 0
APACHE CORPORATION 037411105 63 625 SH DEFINED 0 0 625
APPLE INC 037833100 776 3304 SH SOLE 2788 0 516
APPLIED MATERIALS INC 038222105 12 905 SH SOLE 905 0 0
ARCH COAL INC 039380100 21 900 SH DEFINED 0 0 900
ARCHER DANIELS MIDLAND CO 039483102 6 200 SH SOLE 200 0 0
ARTESIAN RES CORP CLASS A 043113208 61 3474 SH SOLE 3474 0 0
ASHLAND INC (NEW 044209104 11 200 SH SOLE 200 0 0
ASTORIA FINANCIAL CORP 046265104 3 197 SH SOLE 197 0 0
ATMOS ENERGY 049560105 1 50 SH SOLE 50 0 0
AUTODESK INC 052769106 3 116 SH SOLE 116 0 0
AUTOMATIC DATA PROCESSING 053015103 42 950 SH SOLE 950 0 0
AVON PRODS INC 054303102 143 4215 SH SOLE 4215 0 0
AXA ADR 054536107 1 24 SH SOLE 24 0 0
BB&T CORPORATION 054937107 22 667 SH SOLE 0 667 0
BOK FINL CORP 05561Q201 19 370 SH SOLE 370 0 0
BP PLC ADR 055622104 504 8826 SH SOLE 7926 0 900
BP PLC ADR 055622104 146 2550 SH DEFINED 0 0 2550
BP PRUDHOE BAY ROYALTY TR 055630107 47 480 SH SOLE 480 0 0
BANCO BILBAO VIZCAYA 05946K101 1 40 SH SOLE 40 0 0
BACNO SANTANDER CENTL 05964H105 2 180 SH SOLE 180 0 0
BANK OF AMERICA CORPORATION 060505104 486 27259 SH SOLE 23294 950 3015
BANK OF AMERICA CORPORATION 060505104 174 9775 SH DEFINED 0 0 9775
________ ________ ________ ________ _______
TOTAL FOR PAGE 2 3778 93294 70988 2625 19681
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 3
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
BANK OF NEW YORK MELLON CORP 064058100 21 687 SH SOLE 687 0 0
AIG COMMODITY 06738C778 32 800 SH SOLE 300 0 500
BARCLAYS PLC 06738E204 1 25 SH SOLE 25 0 0
BAXTER INTL INC 071813109 102 1748 SH SOLE 1748 0 0
BECTON DICKINSON & CO 075887109 41 525 SH SOLE 0 0 525
BED BATH & BEYOND INC 075896100 12 266 SH SOLE 266 0 0
BERKLEY W R CORP 084423102 0 17 SH SOLE 17 0 0
BEST BUY CO INC 086516101 312 7325 SH SOLE 2850 0 4475
BEST BUY CO INC 086516101 21 500 SH DEFINED 0 0 500
BHP BILLITON LTD 088606108 1 15 SH SOLE 15 0 0
BIOGEN IDEC INC 09062X103 477 8315 SH SOLE 2365 0 5950
BLACKROCK INSD MUN INC TR 092479104 115 8100 SH SOLE 8100 0 0
BLACKROCK S&P 09250D109 25 2000 SH SOLE 0 0 2000
BLACKROCK DIV ACHIEVERS TM TR 09250N107 8 850 SH SOLE 850 0 0
BLACKROCK CREDIT ALLOCATION INCOME TRUST IV 092508100 12 1000 SH SOLE 1000 0 0
BLACKROCK ENHANCED DIVID ACHIEVERS TR 09251A104 8 850 SH SOLE 850 0 0
BLACKROCK INTL GROWTH & INC 092524107 3 250 SH SOLE 250 0 0
BLACKROCK REAL ASSET EQUITY TRUST 09254B109 32 2515 SH SOLE 215 0 2300
ADRE/BLDRS EMERGING MARKETS 50 ADR INDEX 09348R300 39 882 SH SOLE 882 0 0
H & R BLOCK INC 093671105 115 6485 SH SOLE 4535 0 1950
BOARDWALK PIPELINE PARTNERS LP 096627104 69 2325 SH DEFINED 0 0 2325
BOEING CO 097023105 101 1386 SH SOLE 1386 0 0
BRINKER INTERNATIONAL INC 109641100 3 165 SH SOLE 165 0 0
BRISTOL MYERS SQUIBB 110122108 173 6472 SH SOLE 6472 0 0
BRISTOL MYERS SQUIBB 110122108 40 1500 SH DEFINED 0 0 1500
BRITISH AMERCAN TOBACCO 110448107 8 122 SH SOLE 122 0 0
BUCKEYE PARTNERS LP 118230101 82 1365 SH DEFINED 0 0 1365
BUCYRUS INTL INC NEW 118759109 7 108 SH SOLE 108 0 0
CBS CORP CL B (NEW) 124857202 1 57 SH SOLE 57 0 0
CB RICHARD ELLIS GROUP INC A 12497T101 0 15 SH SOLE 15 0 0
CRH PLC ADR 12626K203 2 90 SH SOLE 90 0 0
CSX CORPORATION 126408103 76 1500 SH SOLE 0 0 1500
CVS CAREMARK CORP 126650100 3424 93664 SH SOLE 17107 76557 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 3 5363 151924 50477 76557 24890
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 4
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
CADENCE DESIGN SYS INC 127387108 12 1800 SH SOLE 1800 0 0
CALAMOS ASSET MGMT INC 12811R104 1 65 SH SOLE 65 0 0
CAMDEN PROPERTY TRUST 133131102 13 320 SH SOLE 320 0 0
CANON INC ADR 138006309 43 932 SH SOLE 232 0 700
CAPITAL SOUTHWEST CORP 140501107 37 406 SH SOLE 406 0 0
CARDINAL HEALTH INC 14149Y108 17 482 SH SOLE 482 0 0
CAREFUSION CORP 14170T101 6 240 SH SOLE 240 0 0
CARNIVAL CORP PAIRED 143658300 519 13350 SH SOLE 3825 0 9525
CARNIVAL CORP PAIRED 143658300 39 1000 SH DEFINED 0 0 1000
CARRIZO OIL & GAS INC 144577103 14 600 SH SOLE 600 0 0
CASH AMERICA INTERNATIONAL 14754D100 4 105 SH SOLE 105 0 0
CATERPILLAR INC 149123101 92 1460 SH SOLE 1460 0 0
CELGENE CORPORATION 151020104 6 104 SH SOLE 104 0 0
CENTURYTEL INC 156700106 33 920 SH SOLE 920 0 0
CERNER CORP 156782104 66 780 SH SOLE 780 0 0
CHECK POINT SYSTEMS 162825103 4 184 SH SOLE 184 0 0
CHESAPEAKE ENERGY CORP 165167107 59 2500 SH SOLE 2500 0 0
CHEVRON CORP 166764100 2191 28900 SH SOLE 28500 0 400
CHICO'S FAS INC 168615102 360 24975 SH SOLE 7500 0 17475
CHICO'S FAS INC 168615102 27 1900 SH DEFINED 0 0 1900
CHINA MARINE FOOD GROUP LTD 16943R106 6 900 SH SOLE 900 0 0
CHINA TRANSINFO TECHNOLOGY 169453107 5 710 SH SOLE 710 0 0
CHUBB CORPORATION 171232101 18 350 SH SOLE 350 0 0
CHURCH & DWIGHT CO INC 171340102 113 1691 SH SOLE 1691 0 0
CIENA CORP 171779309 0 14 SH SOLE 14 0 0
CISCO SYSTEMS INC 17275R102 1001 38452 SH SOLE 18902 0 19550
CITIGROUP INC 172967101 12 2933 SH SOLE 2433 0 500
CITRIX SYS INC 177376100 329 6933 SH SOLE 2088 0 4845
CLAYMORE/MAC GLOBAL 18383M621 7 775 SH DEFINED 0 0 775
CLOROX CO 189054109 167 2600 SH SOLE 2400 0 200
COCA COLA COMPANY 191216100 257 4665 SH SOLE 4665 0 0
COLGATE PALMOLIVE CO 194162103 134 1570 SH SOLE 970 0 600
COLLECTIVE BRANDS 19421W100 12 543 SH SOLE 543 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 4 5604 143159 85689 0 57470
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 5
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
COMCAST CORP CL A 20030N101 6 296 SH SOLE 296 0 0
COMCAST CORP NEW 20030N200 40 2202 SH SOLE 2202 0 0
COMMERCE BANCSHARES INC 200525103 35 858 SH SOLE 858 0 0
CONAGRA INC 205887102 6 250 SH SOLE 250 0 0
CONOCOPHILLIPS 20825C104 129 2530 SH SOLE 1930 0 600
CONSOLIDATED EDISON INC 209115104 102 2290 SH SOLE 1890 0 400
COSTCO WHSL CORP 22160K105 32 540 SH SOLE 540 0 0
COVANCE INC 222816100 1 13 SH SOLE 13 0 0
CROWN CASTLE INTL 228227104 10 250 SH SOLE 250 0 0
CROWN HOLDINGS INC 228368106 27 1000 SH SOLE 1000 0 0
CYTRX CORP 232828301 660 600000 SH SOLE 600000 0 0
DNP SELECT INCOME FD 23325P104 70 7550 SH SOLE 2900 4000 650
DPL INC 233293109 117 4310 SH SOLE 435 3375 500
DANAHER CORPORATION 235851102 562 7031 SH SOLE 2706 0 4325
DANAHER CORPORATION 235851102 40 500 SH DEFINED 0 0 500
DARDEN RESTAURANTS INC 237194105 56 1250 SH SOLE 1250 0 0
DAVITA INC 23918K108 63 1000 SH SOLE 1000 0 0
DEERE & CO 244199105 12 200 SH SOLE 200 0 0
DELL INC 24702R101 20 1330 SH SOLE 1330 0 0
DELPHI FINANCIAL GROUP 247131105 2 90 SH SOLE 90 0 0
DENBURY RESOURCES INC 247916208 0 24 SH SOLE 24 0 0
DEVON ENERGY CORP (NEW) 25179M103 38 587 SH SOLE 587 0 0
DEVRY INC 251893103 6 90 SH SOLE 90 0 0
DIAGEO PLC ADR 25243Q205 3 47 SH SOLE 47 0 0
DIAMOND OFFSHORE DRILLING 25271C102 45 508 SH SOLE 508 0 0
DISNEY WALT HOLDING CO 254687106 106 3023 SH SOLE 1708 265 1050
DISCOVERY COMMUNICATIONS CLASS A 25470F104 14 425 SH DEFINED 0 0 425
DISCOVERY COMMUNICATIONS CLASS C 25470F302 12 425 SH DEFINED 0 0 425
DISH NETWORK CORP 25470M109 9 410 SH SOLE 410 0 0
DIRECTV CLASS A 25490A101 16 485 SH SOLE 485 0 0
DOMINION RES INC VA NEW 25746U109 31 758 SH SOLE 32 726 0
DOVER CORP 260003108 14 300 SH SOLE 300 0 0
DRESSER-RAND GROUP INC 261608103 25 800 SH SOLE 800 0 0
________ ________ ________ ________ ______
TOTAL FOR PAGE 5 2309 641372 624131 8366 8875
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 6
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
DUKE ENERGY HOLDING CO 26441C105 96 5883 SH SOLE 4083 1000 800
DUKE REALTY CORP 264411505 19 1500 SH SOLE 500 0 1000
DUN & BRADSTREET 26483E100 9 124 SH SOLE 124 0 0
E M C CORP MASS 268648102 374 20718 SH SOLE 6293 0 14425
ENI S P A SPONSORED ADR 26874R108 8 179 SH SOLE 179 0 0
EOG RESOURCES INC 26875P101 46 500 SH SOLE 500 0 0
EAST WEST BANCORP 27579R104 4 255 SH SOLE 255 0 0
EATON VANCE CORP NON VOTING 278265103 8 240 SH SOLE 240 0 0
EATON VANCE SR FLOATING RATE TR 27828Q105 66 4000 SH SOLE 4000 0 0
EBAY INC 278642103 51 1875 SH SOLE 300 0 1575
EDWARDS LIFESCIENCES CORP 28176E108 17 170 SH SOLE 170 0 0
EL PASO ELECTRIC 283677854 1 34 SH SOLE 34 0 0
EL PASO PIPELINE PARTNERS LP 283702108 79 2835 SH DEFINED 0 0 2835
EMERSON ELEC CO 291011104 1253 24886 SH SOLE 24886 0 0
EMERSON ELEC CO 291011104 19 370 SH DEFINED 0 0 370
EMPIRE DISTRICT ELECTRIC CO 291641108 9 500 SH SOLE 500 0 0
ENBRIDGE ENERGY PARTNERS LP 29250R106 35 700 SH SOLE 700 0 0
ENBRIDGE ENERGY PARTNERS LP 29250R106 129 2550 SH DEFINED 0 0 2550
ENDO PHARMACEUTICALS HLDGS 29264F205 2 82 SH SOLE 82 0 0
ENERGIZER HLDGS INC 29266R108 638 10162 SH SOLE 2555 1762 5845
ENERGY TRANSFER PARTNERS LP 29273R109 72 1545 SH SOLE 500 0 1045
ENERGY TRANSFER EQUITY LP 29273V100 30 890 SH DEFINED 0 0 890
ENTERGY CORP NEW 29364G103 28 350 SH SOLE 350 0 0
ENTERPRISE FINANCIAL SERVICES CORP 293712105 17489 1581301 SH SOLE 1580301 0 1000
ENTERPRISE FINANCIAL SERVICES CORP 293712105 44 4000 SH DEFINED 4000 0 0
ENTERPRISE PRODUCTS PARTNERS 293792107 84 2444 SH SOLE 1086 1358 0
ENTERPRISE PRODUCTS PARTNERS 293792107 113 3260 SH DEFINED 0 0 3260
ENTERTAINMENT PROPERTIES TRUST REITS 29380T105 12 300 SH SOLE 300 0 0
EQUITY ONE INC 294752100 8 450 SH SOLE 450 0 0
EQUITY RESIDENTIAL 29476L107 36 927 SH SOLE 927 0 0
EURONET WORLDWIDE INC 298736109 18 1000 SH SOLE 1000 0 0
EXELON CORP 30161N101 61 1392 SH SOLE 1392 0 0
EXPRESS SCRIPTS INC 302182100 106 1040 SH SOLE 1040 0 0
EXPRESS SCRIPTS INC 302182100 54 530 SH DEFINED 0 0 530
________ ________ ________ ________ _______
TOTAL FOR PAGE 6 21018 1676992 1636747 4120 36125
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 7
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
EXXON MOBIL CORP 30231G102 3624 54120 SH SOLE 47490 2357 4273
EXXON MOBIL CORP 30231G102 104 1550 SH DEFINED 0 0 1550
FLIR SYS INC 302445101 13 470 SH SOLE 470 0 0
FPL GROUP INC 302571104 109 2250 SH SOLE 1050 1200 0
FACTSET RESEARCH SYSTEMS INC 303075105 396 5395 SH SOLE 1600 0 3795
FACTSET RESEARCH SYSTEMS INC 303075105 29 400 SH DEFINED 0 0 400
FAMILY DOLLAR STORES 307000109 198 5400 SH SOLE 5400 0 0
FEDERAL REALTY INVESTMENT TR 313747206 29 400 SH SOLE 200 0 200
FEDERATED INCS INC PA 314211103 25 950 SH SOLE 0 0 950
FEDEX CORPORATION 31428X106 81 865 SH DEFINED 0 0 865
FIDELITY NATIONAL INFORMATION SERVICES 31620M106 70 2995 SH SOLE 2995 0 0
FIFTH THIRD BANCORP 316773100 27 1972 SH SOLE 1972 0 0
FIRST SOLAR, INC 336433107 12 100 SH DEFINED 0 0 100
FISERV INC 337738108 30 583 SH SOLE 583 0 0
FIRSTENERGY CORP 337932107 47 1200 SH SOLE 1200 0 0
FLUOR CORP 343412102 12 250 SH SOLE 250 0 0
FOMENTO ECONOMICO MEXICANA ADR 344419106 0 7 SH SOLE 7 0 0
FORD MOTOR CO (NEW) 345370860 120 9525 SH SOLE 9525 0 0
FOREST LABS INC 345838106 4 120 SH SOLE 120 0 0
FORTUNE BRANDS INC 349631101 7 150 SH SOLE 150 0 0
FRANKLIN RESOURCES 354613101 1 7 SH SOLE 7 0 0
GABELLI EQUITY TRUST 362397101 10 2000 SH SOLE 2000 0 0
GANNETT CO INC 364730101 1 70 SH SOLE 70 0 0
GENERAL DYNAMICS CORP 369550108 136 1764 SH SOLE 1764 0 0
GENERAL ELECTRIC CO 369604103 1426 78384 SH SOLE 66908 2000 9476
GENERAL ELECTRIC CO 369604103 187 10295 SH DEFINED 0 0 10295
GENERAL MILLS 370334104 497 7022 SH SOLE 5474 1548 0
GETTY REALTY CORP REITS 374297109 5 200 SH SOLE 200 0 0
GILEAD SCIENCES 375558103 75 1646 SH SOLE 421 0 1225
GLAXO SMITHKLINE PLC SPONSORED ADR 37733W105 94 2432 SH SOLE 232 0 2200
GLOBAL PAYMENTS INC 37940X102 3 60 SH SOLE 60 0 0
GOLDMAN SACHS GROUP INC 38141G104 137 800 SH SOLE 800 0 0
GOLDMAN SACHS GROUP INC 38141G104 67 395 SH DEFINED 0 0 395
________ ________ ________ ________ _______
TOTAL FOR PAGE 7 7576 193777 150948 7105 35724
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 8
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
GOODRICH CORP 382388106 67 956 SH SOLE 956 0 0
GOOGLE INC-CL A 38259P508 724 1277 SH SOLE 387 0 890
GOOGLE INC-CL A 38259P508 48 85 SH DEFINED 0 0 85
GRACO INC 384109104 4 122 SH SOLE 122 0 0
GRAINGER W W INC 384802104 22 200 SH SOLE 200 0 0
GUESS INC 401617105 1 14 SH SOLE 14 0 0
HSBC HLDGS PLC ADR NEW 404280406 28 555 SH SOLE 555 0 0
HALLIBURTON COMPANY 406216101 2 60 SH SOLE 60 0 0
JOHN HANCOCK PATRIOT PREM DVD II 41013T105 11 1005 SH SOLE 394 0 611
JOHN HANCOCK INVESTORS TR 410142103 57 2900 SH SOLE 0 2900 0
HANESBRANDS INC 410345102 10 345 SH SOLE 345 0 0
HANSEN NATURAL CORP 411310105 1 16 SH SOLE 16 0 0
HARLEY DAVIDSON INC 412822108 4 160 SH SOLE 160 0 0
HARRIS CORP 413875105 1 13 SH SOLE 13 0 0
HARSCO CORP 415864107 4 140 SH SOLE 140 0 0
HARTFORD FINANCIAL SERVICES GROUP INC 416515104 1 42 SH SOLE 42 0 0
HAWAIIAN ELEC INDS 419870100 18 800 SH SOLE 0 0 800
HEALTHWAYS 422245100 3 195 SH SOLE 195 0 0
HEINZ H J COMPANY 423074103 32 700 SH SOLE 700 0 0
HEWLETT PACKARD CO 428236103 558 10502 SH SOLE 5812 500 4190
HEXCEL CORP NEW 428291108 5 355 SH SOLE 355 0 0
HOME DEPOT INC 437076102 74 2276 SH SOLE 1676 0 600
HONDA MOTOR CO LTD 438128308 1 17 SH SOLE 17 0 0
HONEYWELL INTL INC 438516106 69 1516 SH SOLE 1516 0 0
HOSPIRA INC 441060100 8 150 SH SOLE 150 0 0
HUNTINGTON BANCSHARES 446150104 1 206 SH SOLE 206 0 0
ITT INDUSTRIES INC (INDIANA) 450911102 16 300 SH SOLE 300 0 0
IKANOS COMMUNICATIONS 45173E105 2 570 SH SOLE 570 0 0
ILLINOIS TOOL WKS INC 452308109 186 3932 SH SOLE 3712 0 220
IMATION CORP 45245A107 0 25 SH SOLE 25 0 0
INERGY LP 456615103 93 2455 SH DEFINED 0 0 2455
ING GROEP NV ADR 456837103 0 23 SH SOLE 23 0 0
INSITUFORM TECHNOLOGIES INC CL A 457667103 8 305 SH SOLE 305 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 8 2059 32217 18966 3400 9851
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 9
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
INTEL CORP 458140100 681 30558 SH SOLE 17233 0 13325
INTERNATIONAL BUSINESS MACHS 459200101 487 3801 SH SOLE 3756 0 45
INTERNATIONAL GAME TECHNOLOGY 459902102 4 200 SH SOLE 200 0 0
INTERPUBLIC GROUP COS INC 460690100 6 679 SH SOLE 679 0 0
INVESTMENT GRADE MUNI INC FD 461368102 14 1000 SOLE 1000 0 0
IRELAND BK SPONSORED ADR 46267Q103 0 9 SH SOLE 9 0 0
ISHARES SILVER TRUST 46428Q109 37 2160 SH SOLE 2160 0 0
ISHS S&P COMMIDITY INDEX TR 46428R107 136 4350 SH SOLE 4350 0 0
I SHS MSCI AUSTRALIA 464286103 57 2380 SH SOLE 2380 0 0
I SHS MSCI BRAZIL 464286400 369 5013 SH SOLE 5013 0 0
I SHS MSCI CANADA 464286509 101 3615 SH SOLE 3615 0 0
I SHS MSCI TAIWAIN INDEX FD MSCI TAIWAN WEBS 464286731 122 9737 SH SOLE 9737 0 0
ISHARES MSCI JAPAN INDEX FD 464286848 5 492 SH SOLE 492 0 0
ISHS BARCLAYS TIPS BOND FUND 464287176 73 700 SH SOLE 700 0 0
ISHARES FTSE/XINHUA CHINA 25 464287184 151 3577 SH SOLE 3577 0 0
I SHARES S&P 500 464287200 722 6154 SH SOLE 5999 155 0
ISHS BARCLAYS AGG BOND FUND 464287226 123 1179 SH SOLE 1179 0 0
ISHARES MSCI EMERGING MKTS 464287234 303 7184 SH SOLE 5760 0 1424
ISHS IBOXX&INVESTMENTGRADE 464287242 159 1500 SH SOLE 1500 0 0
I SHS S&P 500 GROWTH INDEX 464287309 10367 173016 SH SOLE 167067 3696 2253
I SHS S&P 500 GROWTH INDEX 464287309 163 2725 SH DEFINED 2106 619 0
I SHARES S&P 500 VALUE INDEX FUND 464287408 9112 161419 SH SOLE 155255 3392 2772
I SHARES S&P 500 VALUE INDEX FUND 464287408 152 2687 SH DEFINED 2043 644 0
EAFE INDEX TR MSCI I SHS 464287465 1542 27559 SH SOLE 24512 727 2320
EAFE INDEX TR MSCI I SHS 464287465 161 2875 SH DEFINED 0 0 2875
RUSSELL MID CAP VALUE I SHS 464287473 206 5112 SH SOLE 4047 0 1065
RUSSELL MID CAP GROWTH I SHS 464287481 211 4343 SH SOLE 3383 0 960
ISHS RUSSELL MIDCAP INDEX FD 464287499 243 2725 SH SOLE 2548 0 177
I SHARES TR S&P 464287507 11 142 SH SOLE 142 0 0
I SHS COHEN & STEERS 464287564 5226 91253 SH SOLE 87712 673 2868
I SHS COHEN & STEERS 464287564 55 961 SH DEFINED 634 327 0
ISHARES RUSSELL 1000 VALUE 464287598 355 5808 SH SOLE 5808 0 0
ISHARES RUSSELL 1000 VALUE 464287598 83 1365 SH DEFINED 0 0 1365
________ ________ ________ ________ _______
TOTAL FOR PAGE 9 31437 566278 524596 10233 31449
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 10
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
I SHARES S&P MIDCAP 400 GROWTH INDEX 464287606 204 2406 SH SOLE 2093 0 313
ISHARES RUSSELL 1000 GROWTH 464287614 226 4343 SH SOLE 4343 0 0
ISHARES RUSSELL 1000 GROWTH 464287614 153 2948 SH DEFINED 0 0 2948
I SHS RUSSELL 2000 VALUE 464287630 250 3913 SH SOLE 3073 0 840
I SHS RUSSELL 2000 GROWTH 464287648 348 4745 SH SOLE 3935 0 810
I SHS RUSSELL 2000 464287655 670 9887 SH SOLE 6337 246 3304
I SHARES S&P MIDCAP 400 VALUE INDEX 464287705 341 4787 SH SOLE 4513 0 274
ISHARES DJ US REAL ESTATE 464287739 7 150 SH SOLE 0 0 150
ISHARES S&P SMALLCAP 600 464287804 480 8082 SH SOLE 8082 0 0
ISHARES S&P SMALL CAP 600 VALUE INDEX 464287879 53 826 SH SOLE 554 0 272
I SHARES S&P SMALL CAP 600 GROWTH INDEX 464287887 20 328 SH SOLE 0 0 328
EMIF/I SHS S&P EMERGING MARKETS INFAST 464288216 22 700 SH SOLE 700 0 0
I SHS MSCI EAFE S/C 464288273 22 600 SH SOLE 600 0 0
I SHS JPM EMERGING MARKET BOND 464288281 78 750 SH SOLE 750 0 0
I SHS S&P NATIONAL MUNI BONDFUND 464288414 129 1250 SH SOLE 1250 0 0
ISHS IBOXX HI-YIELD CORP BD 464288513 42 480 SH SOLE 480 0 0
I SHS S&P GLOBAL UTILITIES SECURITIES FUND 464288711 59 1300 SH SOLE 1300 0 0
ISHARES MSCI EAFE GROWTH INX 464288885 6 103 SH SOLE 103 0 0
ITRON INC 465741106 4 59 SH SOLE 59 0 0
JDS UNIPHASE CORP 46612J507 0 12 SH SOLE 12 0 0
JPMORGAN CHASE & CO 46625H100 501 11187 SH SOLE 7757 0 3430
JACOBS ENGR GROUP 469814107 14 312 SH SOLE 312 0 0
JAVELIN PHARMACEUTICALS 471894105 39 30785 SH SOLE 30785 0 0
JEFFRIES GROUP INC NEW 472319102 1 35 SH SOLE 35 0 0
JOHNSON & JOHNSON 478160104 1095 16794 SH SOLE 12069 0 4725
JOHNSON & JOHNSON 478160104 293 4500 SH DEFINED 0 0 4500
JOHNSON CONTROLS INC 478366107 17 528 SH SOLE 528 0 0
JOY GLOBAL INC 481165108 1 15 SH SOLE 15 0 0
JOY GLOBAL INC 481165108 25 450 SH DEFINED 0 0 450
JUNIPER NETWORKS INC 48203R104 3 100 SH SOLE 100 0 0
KV PHARMACEUTICAL 482740206 2 1000 SH SOLE 1000 0 0
KAYNE ANDERSON MLP 486606106 190 7067 SH SOLE 7067 0 0
KELLOGG COMPANY 487836108 36 682 SH SOLE 682 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 10 5331 121124 98534 246 22344
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 11
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
KEYCORP NEW COM 493267108 1 102 SH SOLE 102 0 0
KIMBERLY CLARK CORP 494368103 216 3440 SH SOLE 2400 0 1040
KIMCO RLTY CORP 49446R109 0 2 SH SOLE 2 0 0
KINDER MORGAN MGMT LLC 49455U100 60 1028 SH SOLE 0 0 1028
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 56 860 SH SOLE 0 0 860
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 209 3200 SH DEFINED 0 0 3200
KING PHARMACEUTICALS INC 495582108 1 81 SH SOLE 81 0 0
KONONKLIJKE PHILIPS ELECTRS NV SPONSORED ADR 500472303 0 12 SH SOLE 12 0 0
KRAFT FOODS INC 50075N104 54 1800 SH SOLE 1800 0 0
LSI CORPORATION 502161102 0 44 SH SOLE 44 0 0
LACLEDE GROUP INC 505597104 103 3054 SH SOLE 3054 0 0
LEGG MASON INC 524901105 272 9475 SH SOLE 2800 0 6675
LEGG MASON INC 524901105 20 700 SH DEFINED 0 0 700
LENNOX INTL 526107107 35 800 SH SOLE 800 0 0
LIFE TIME FITNESS INC 53217R207 6 225 SH SOLE 225 0 0
LIFE TECHNOLOGIES 53217V109 5 96 SH SOLE 96 0 0
LILLY ELI & CO 532457108 19 538 SH SOLE 538 0 0
LINCOLN NATIONAL CORP 534187109 11 359 SH SOLE 0 0 359
LINN ENERGY LLC 536020100 26 1000 SH SOLE 1000 0 0
LIVE NATION INC 538034109 2 114 SH SOLE 114 0 0
LOCKHEED MARTIN CORP 539830109 15 185 SH SOLE 185 0 0
LOEWS CORP 540424108 410 11000 SH SOLE 11000 0 0
LOWES COS INC 548661107 258 10648 SH SOLE 10648 0 0
LOWES COS INC 548661107 42 1745 SH DEFINED 0 0 1745
MDU RES GROUP INC 552690109 0 12 SH SOLE 12 0 0
MEMC ELECTRIC MATERIALS INC 552715104 0 11 SH SOLE 11 0 0
MAGELLAN MIDSTREAM PARTNERS LP 559080106 32 683 SH SOLE 683 0 0
MAGELLAN MIDSTREAM PARTNERS LP 559080106 155 3262 SH DEFINED 0 0 3262
MANULIFE FINL CORP 56501R106 46 2322 SH SOLE 2322 0 0
MARATHON OIL CORP 565849106 27 857 SH SOLE 857 0 0
MARKET VECTORS GOLD MINERS 57060U100 34 756 SH SOLE 756 0 0
MARKET VECTOR COAL 57060U837 43 1130 SH SOLE 1130 0 0
M&I NEW 571837103 55 6861 SH SOLE 6861 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 11 2213 66402 47533 0 18869
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 12
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
MASTERCARD INC 57636Q104 529 2084 SH SOLE 584 0 1500
MASTERCARD INC 57636Q104 41 160 SH DEFINED 0 0 160
MATTEL INC 577081102 39 1700 SH SOLE 0 0 1700
MAXIM INTEGRATED PRODS INC 57772K101 423 21805 SH SOLE 6680 0 15125
MAXIM INTEGRATED PRODS INC 57772K101 31 1600 SH DEFINED 0 0 1600
MCDONALDS CORP 580135101 692 10377 SH SOLE 10377 0 0
MCGRAW HILL COS INC 580645109 52 1460 SH SOLE 480 0 980
MCKESSON CORP 58155Q103 304 4625 SH SOLE 1300 0 3325
MCKESSON CORP 58155Q103 23 350 SH DEFINED 0 0 350
MCMORAN EXPLORATION 582411104 263 18000 SH SOLE 18000 0 0
MEAD JOHNSON NUTRITION CO 582839106 11 203 SH SOLE 203 0 0
MEADWESTVAC0 CORP 583334107 18 700 SH SOLE 700 0 0
MEDCO HEALTH SOLUTIONS INC 58405U102 411 6360 SH SOLE 6360 0 0
MEDTRONIC INC 585055106 50 1117 SH SOLE 717 0 400
MERCK & CO INC NEW 58933Y105 400 10707 SH SOLE 10413 0 294
MERCK & CO INC NEW 58933Y105 276 7381 SH DEFINED 0 7381 0
METLIFE INC 59156R108 44 1015 SH SOLE 1015 0 0
MICROSOFT CORPORATION 594918104 754 25753 SH SOLE 23937 265 1551
MICROSOFT CORPORATION 594918104 73 2485 SH DEFINED 0 0 2485
MILLER HERMAN INC 600544100 9 482 SH SOLE 482 0 0
MILLIPORE CORP 601073109 32 300 SH SOLE 300 0 0
MISSION WEST PROPERTIES INC 605203108 14 2000 SH SOLE 0 2000 0
MOLEX INC 608554101 349 16725 SH SOLE 4200 0 12525
MOLEX INC 608554101 28 1350 SH DEFINED 0 0 1350
MONSANTO CO NEW 61166W101 285 3984 SH SOLE 3484 0 500
MOOG INC CLASS A 615394202 3 90 SH SOLE 90 0 0
MORGAN STANLEY ASIA-PACIFIC 61744U106 9 566 SH SOLE 566 0 0
MORGAN STANLEY 617446448 10 331 SH SOLE 331 0 0
MOSAIC CO 61945A107 36 600 SH SOLE 600 0 0
MOTOROLA INC 620076109 6 900 SH SOLE 900 0 0
MURPHY OIL CORP 626717102 238 4230 SH SOLE 880 0 3350
MYLAN INC 628530107 20 900 SH SOLE 900 0 0
NCR CORP NEW 62886E108 4 306 SH SOLE 306 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 12 5477 150646 93805 9646 47195
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 13
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
NTS REALTY HOLDINGS LP 629422106 9 1648 SH SOLE 0 1648 0
NATIONAL GRID PLC 636274300 0 6 SH SOLE 6 0 0
NATIONAL OILWELL VARCO INC 637071101 89 2200 SH SOLE 2200 0 0
NATIONAL SEMICONDUCTOR 637640103 22 1540 SH SOLE 1540 0 0
NEWELL RUBBERMAID 651229106 545 35840 SH SOLE 9590 0 26250
NEWMONT MINING CORP 651639106 12 230 SH SOLE 230 0 0
NEWS CORP CL B 65248E203 0 20 SH SOLE 20 0 0
NICE SYS LTD SPONS ADR 653656108 3 90 SH SOLE 90 0 0
NICHOLAS-APPLEGATE CONVERT & INCOME FUND II 65370G109 19 2000 SH SOLE 2000 0 0
NIKE INC CL B 654106103 169 2300 SH SOLE 2300 0 0
NOKIA CORP ADR 654902204 88 5670 SH SOLE 4070 0 1600
NOMURA HLDGS SPONS ADR 65535H208 0 25 SH SOLE 25 0 0
NOVARTIS AG SPNSRD ADR 66987V109 95 1762 SH SOLE 1762 0 0
NSTAR 67019E107 40 1122 SH SOLE 1122 0 0
NUCOR CORP 670346105 41 906 SH SOLE 906 0 0
NUSTAR ENERGY LP 67058H102 46 755 SH SOLE 0 755 0
NUSTAR ENERGY LP 67058H102 38 630 SH DEFINED 0 0 630
NUVEEN INVT QUALITY MUN FD INC 67062E103 14 1000 SOLE 1000 0 0
NUVEEN MULTI-STRATEGY INCOMEGROWTH FUND 2 67073D102 9 1100 SH SOLE 1100 0 0
NUVEEN MUN VALUE FD INC 670928100 15 1500 SOLE 1500 0 0
NUVEEN QUALITY INCOME MUNICIPAL FUND INC 670977107 14 1000 SOLE 1000 0 0
OCCIDENTAL PETROLEUM CORP 674599105 12 141 SH SOLE 141 0 0
OIL SVC HOLDRS DEPOSITARY RCPT 678002106 12 100 SH SOLE 100 0 0
OMNICOM GROUP INC 681919106 9 228 SH SOLE 228 0 0
ONEOK PARTNERS LP 68268N103 30 490 SH DEFINED 0 0 490
ONEOK INC 682680103 6 130 SH SOLE 130 0 0
ORACLE CORP 68389X105 545 21191 SH SOLE 8516 0 12675
ORACLE CORP 68389X105 57 2200 SH DEFINED 0 0 2200
PNC FINANCIAL SERVICES GRP 693475105 69 1163 SH SOLE 1124 0 39
PPL CORPORATION 69351T106 43 1542 SH SOLE 1542 0 0
PATRIOT COAL CORP 70336T104 19 930 SH DEFINED 0 0 930
PAYCHEX INC 704326107 14 450 SH SOLE 450 0 0
PEABODY ENERGY CORP 704549104 33 725 SH DEFINED 0 0 725
________ ________ ________ ________ _______
TOTAL FOR PAGE 13 2117 90634 42692 2403 45539
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 14
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
PEPSICO INC 713448108 3954 59770 SH SOLE 24570 34000 1200
PETROLEO BRASILEIRO SA PETROBRAS 71654V408 1 20 SH SOLE 20 0 0
PFIZER INC 717081103 864 50384 SH SOLE 35208 13164 2012
PFIZER INC 717081103 302 17625 SH DEFINED 0 0 17625
PHARMACEUTICAKL PROD DEV INC 717124101 0 8 SH SOLE 8 0 0
PHILIP MORRIS INTL INC 718172109 180 3461 SH SOLE 3461 0 0
PHILLIPS-VAN HEUSEN CORP 718592108 1 26 SH SOLE 26 0 0
PHOENIX CO INC 71902E109 5 2096 SH SOLE 2096 0 0
PIMCO MUN INCOME FD 72200R107 14 1000 SOLE 1000 0 0
PIMCO MUN INCOME FD II 72200W106 7 600 SOLE 600 0 0
PIPER JAFFRAY CO 724078100 8 193 SH SOLE 193 0 0
PIPER JAFFRAY CO 724078100 0 4 SH DEFINED 4 0 0
PITNEY BOWES INC 724479100 3 107 SH SOLE 107 0 0
PLAINS ALL AMERICA LTD 726503105 44 780 SH SOLE 0 0 780
PLAINS ALL AMERICA LTD 726503105 61 1070 SH DEFINED 0 0 1070
PLUM CREEK TIMBER CO INC 729251108 2 60 SH SOLE 60 0 0
POTASH CORP OF SASKATCHEWAN 73755L107 78 650 SH SOLE 650 0 0
I SHS PWR SHS 73935X575 35 2000 SH SOLE 2000 0 0
POWERSHARES 73935X799 31 1550 SH SOLE 0 0 1550
POWERSHARES DB AGRIC FUND 73936B408 42 1750 SH SOLE 1750 0 0
POWERSHARES DB BASE METALS 73936B705 43 1914 SH SOLE 1914 0 0
PRAXAIR INC 74005P104 1 14 SH SOLE 14 0 0
PRECISION CASTPARTS CORP CO 740189105 59 462 SH SOLE 462 0 0
PRINCIPAL FINL GROUP ONC 74251V102 297 10175 SH SOLE 3050 0 7125
PRINCIPAL FINL GROUP ONC 74251V102 22 750 SH DEFINED 0 0 750
PROCTER & GAMBLE CO 742718109 1666 26339 SH SOLE 25615 0 724
PROGRESSIVE CORP 743315103 12 636 SH SOLE 636 0 0
ETF PRO SHS DOW 500 74347R867 26 1000 SH SOLE 1000 0 0
PROTECTIVE LIFE CORP 743674103 2 110 SH SOLE 110 0 0
PRUDENTIAL FINANCIAL INC 744320102 7 109 SH SOLE 109 0 0
PRUDENTIAL PLC ADR 74435K204 6 380 SH SOLE 380 0 0
PUBLIC STORAGE INC 74460D109 4 47 SH SOLE 47 0 0
PULASKI FINL CORP 745548107 13 1889 SH SOLE 1889 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 14 7790 186979 106979 47164 32836
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 15
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
PUTNAM MANAGED MUNI INCOME TR 746823103 7 959 SOLE 959 0 0
PUTNAM PREMIER INCOME TR 746853100 60 9200 SH SOLE 0 9200 0
QLT INC 746927102 0 20 SH SOLE 20 0 0
QUALCOMM INC 747525103 90 2155 SH SOLE 2155 0 0
QUALCOMM INC 747525103 46 1095 SH DEFINED 0 0 1095
QUEST DIAGNOSTICS 74834L100 39 675 SH DEFINED 0 0 675
RALCORP HLDGS INC NEW 751028101 405 5969 SH SOLE 1292 577 4100
RAYMOND JAMES FINANCIAL 754730109 3 102 SH SOLE 102 0 0
RAYONIER INC 754907103 30 652 SH SOLE 652 0 0
REAVES UTIL INCOME FD 756158101 7 342 SH SOLE 342 0 0
REED ELSEVIER NV ADR 758204200 0 12 SH SOLE 12 0 0
REGIONS FINANCIAL CORP NEW 7591EP100 1 72 SH SOLE 72 0 0
REGIONS FINANCIAL CORP NEW 7591EP100 60 7625 SH DEFINED 0 7625 0
REINSURANCE GROUP AMER INC NEW 759351604 12 225 SH SOLE 225 0 0
REPUBLIC SVCS INC 760759100 5 180 SH SOLE 180 0 0
REYNOLDS AMERN INC 761713106 27 500 SH SOLE 500 0 0
RINO INTL CORP 766883102 7 300 SH SOLE 300 0 0
RICHIE BROS AUCTIONS 767744105 65 3000 SH SOLE 3000 0 0
ROBERT HALF INTL INC 770323103 12 383 SH SOLE 383 0 0
ROYAL DUTCH SHELL PLC A SHARES 780259206 20 354 SH SOLE 45 0 309
SL GREEN RLTY CORP 78440X101 3 55 SH SOLE 55 0 0
SLM CORP 78442P106 1 95 SH SOLE 95 0 0
SPDR TR UNIT SER 1 78462F103 41 350 SH SOLE 0 0 350
SPDR GOLD TRUST 78463V107 227 2083 SH SOLE 2083 0 0
SPDR SER TR DJ REIT ETF 78464A607 2 40 SH SOLE 40 0 0
SRA INTL INC 78464R105 4 215 SH SOLE 215 0 0
SANOFI-AVENTIS 80105N105 38 1022 SH SOLE 1022 0 0
SAP AKTIENGESELLSCHAFT ADR 803054204 1 12 SH SOLE 12 0 0
SARA LEE CORP 803111103 69 4958 SH SOLE 2958 0 2000
SCHLUMBERGER LTD 806857108 147 2310 SH SOLE 2310 0 0
SCOTTS MIRACLE-GRO CO 810186106 52 1130 SH SOLE 1130 0 0
SEALED AIR CORP NEW 81211K100 7 350 SH SOLE 350 0 0
SECTOR SPDR FINCL SELECT 81369Y605 79 4950 SH SOLE 4950 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 15 1567 51390 25459 17402 8529
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 16
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
SPDR TECHNOLOGY SELECT SCTOR 81369Y803 148 6390 SH SOLE 6390 0 0
UTILITIES SELECT SECTOR SPDR 81369Y886 21 700 SH SOLE 700 0 0
SHAW GROUP INC 820280105 31 900 SH SOLE 900 0 0
SHERWIN WILLIAMS CO 824348106 20 294 SH SOLE 0 0 294
SIEMENS AG (NEW) 826197501 8 78 SH SOLE 78 0 0
SIRIUS XM RADIO 82967N108 4 4348 SH SOLE 4348 0 0
SKYPEOPLE FRUIT JUICE INC 83086T208 6 1000 SH SOLE 1000 0 0
SMITH & NEPHEW ADR 83175M205 0 7 SH SOLE 7 0 0
SNAP ON INC 833034101 5 120 SH SOLE 120 0 0
SONIC CORP 835451105 28 2504 SH SOLE 2504 0 0
SOUTHERN CO 842587107 259 7820 SH SOLE 7045 775 0
SPECTRA ENERGY LP 84756N109 32 1045 SH DEFINED 0 0 1045
SPECTRA ENERGY CORP 847560109 68 3041 SH SOLE 2541 500 0
STANDARD REGISTER CO 853887107 0 73 SH SOLE 73 0 0
STAPLES INC 855030102 15 627 SH SOLE 627 0 0
STARBUCKS CORP 855244109 19 800 SH SOLE 800 0 0
STARWOOD HOTEL & RESORTS 85590A401 481 10325 SH SOLE 2950 0 7375
STARWOOD HOTEL & RESORTS 85590A401 37 800 SH DEFINED 0 0 800
STATE STREET CORP 857477103 50 1116 SH SOLE 161 0 955
STRYKER CORP 863667101 32 559 SH SOLE 9 0 550
SUNCOR ENERGY INC NEW 867224107 221 6800 SH SOLE 6800 0 0
SUNOCO LOGISTICS LP 86764L108 58 850 SH SOLE 850 0 0
SUNOCO INC 86764P109 9 300 SH SOLE 300 0 0
SWIFT ENERGY CO 870738101 4 120 SH SOLE 120 0 0
SYSCO CORP 871829107 291 9876 SH SOLE 3526 0 6350
SYSCO CORP 871829107 19 650 SH DEFINED 0 0 650
TC PIPELINES, LP 87233Q108 87 2300 SH DEFINED 0 0 2300
TECO ENERGY INC 872375100 17 1050 SH SOLE 1050 0 0
TJX COMPANIES INC 872540109 60 1420 SH DEFINED 0 0 1420
TAIWAN SEMICONDUCTOR MFG LTD 874039100 1 57 SH SOLE 57 0 0
TARGET CORP 87612E106 125 2376 SH SOLE 2376 0 0
TELEDYNE TECH INC 879360105 4 95 SH SOLE 95 0 0
TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 12 760 SH SOLE 760 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 16 2172 69201 46187 1275 21739
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 17
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
TELMEX INTL SAB SR L 879690105 15 760 SH SOLE 760 0 0
TELUS CORP N/VTG 87971M202 7 188 SH SOLE 188 0 0
TEMPLETON DRAGON FD INC 88018T101 6 250 SH SOLE 250 0 0
TENARIS SA ADR 88031M109 9 200 SH SOLE 200 0 0
TERADATA CORP 88076W103 2 56 SH SOLE 56 0 0
TEREX CORP 880779103 0 8 SH SOLE 8 0 0
TEVA PHARMACEUTICAL ADR R/B/R 881624209 108 1712 SH SOLE 1712 0 0
TEXAS INSTRUMENTS INC 882508104 49 1990 SH SOLE 1990 0 0
THERMO FISHER SCIENTIFIC 883556102 26 514 SH SOLE 514 0 0
3M COMPANY 88579Y101 223 2672 SH SOLE 2499 0 173
TIDEWATER INC 886423102 14 300 SH SOLE 300 0 0
TIM HORTONS 88706M103 5 158 SH SOLE 158 0 0
TIME WARNER INC 887317303 42 1340 SH DEFINED 0 0 1340
TIMKEN CO 887389104 6 200 SH SOLE 200 0 0
TORTOISE ENERGY 89147L100 51 1627 SH SOLE 1627 0 0
TOTAL FINA SA ADR 89151E109 4 68 SH SOLE 68 0 0
TOYOTA MOTOR ADR 892331307 14 175 SH SOLE 175 0 0
TRANSATLANTIC HLDGS INC 893521104 10 181 SH SOLE 181 0 0
TRAVELERS COS INC 89417E109 46 862 SH SOLE 862 0 0
TRIMBLE NAV LTD 896239100 19 666 SH SOLE 666 0 0
U S BANCORP (NEW) 902973304 3444 133122 SH SOLE 133122 0 0
U S BANCORP (NEW) 902973304 17 662 SH DEFINED 662 0 0
URS CORP NEW 903236107 7 135 SH SOLE 135 0 0
ULTRA PETROLEUM CORP 903914109 7 150 SH SOLE 150 0 0
UNDER ARMOUR INC 904311107 3 100 SH SOLE 100 0 0
UNILEVER PLC AMER SHS ADR 904767704 3 89 SH SOLE 89 0 0
UNION PACIFIC CORP 907818108 408 5572 SH SOLE 5572 0 0
UNION PACIFIC CORP 907818108 71 965 SH DEFINED 0 0 965
UNITED AMERICAN INDTY LTD 90933T109 6 589 SH SOLE 589 0 0
UNITED PARCEL SVC INC CL B 911312106 22 344 SH SOLE 344 0 0
UNITED TECHNOLOGIES CORP 913017109 447 6066 SH SOLE 6066 0 0
UNITED HEALTH GROUP INC 91324P102 427 13064 SH SOLE 4854 0 8210
UNITED HEALTH GROUP INC 91324P102 31 950 SH DEFINED 0 0 950
________ ________ ________ ________ _______
TOTAL FOR PAGE 17 5549 175735 164097 0 11638
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 18
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
URBAN OUTFITTERS INC 917047102 46 1206 SH SOLE 1206 0 0
V F CORP 918204108 404 5040 SH SOLE 1250 0 3790
V F CORP 918204108 32 400 SH DEFINED 0 0 400
VALENCE TECH INC 918914102 0 450 SH SOLE 450 0 0
VALE S.A. 91912E105 1 40 SH SOLE 40 0 0
VALSPAR CORP 920355104 4 145 SH SOLE 145 0 0
VANGUARD EMERGING MKTS 922042858 71 1678 SH SOLE 1678 0 0
VANGUARD EUROPEAN ETF 922042874 13 260 SH SOLE 260 0 0
VARIAN MED SYS INC 92220P105 8 150 SH SOLE 150 0 0
VANGUARD SMALL CAP VALUE ETF 922908611 238 3958 SH SOLE 2704 691 563
I SHS VANGUARD MID CAP 922908629 27 418 SH SOLE 418 0 0
I SHS VANGUARD LARGE CAP ETF 922908637 271 5083 SH SOLE 5083 0 0
VANGUARD GROWTH ETF 922908736 110 1986 SH SOLE 1476 0 510
VANGUARD VALUE ETF 922908744 144 2860 SH SOLE 2228 0 632
VANGUARD SMALL-CAP VIPERS 922908751 83 1320 SH SOLE 1320 0 0
ETF VANGUARD TOTAL STOCK MARKET 922908769 71 1188 SH SOLE 1188 0 0
VERIFONE HLDGS INC 92342Y109 0 17 SH SOLE 17 0 0
VERIZON COMMUNICATIONS 92343V104 420 13527 SH SOLE 11447 2080 0
VIACOM INC CL B NEW 92553P201 2 57 SH SOLE 57 0 0
VIRTUS INVESTMENT PARTNERS 92828Q109 0 10 SH SOLE 10 0 0
VODAFONE GROUP PLC NEW 92857W209 7 320 SH SOLE 320 0 0
VOLTERRA SEMICONDUCTOR 928708106 9 349 SH SOLE 349 0 0
W&T OFFSHORE INC 92922P106 1 135 SH SOLE 135 0 0
WPP PLC ADR 92933H101 1 10 SH SOLE 10 0 0
WAL MART STORES INC 931142103 893 16057 SH SOLE 10319 0 5738
WAL MART STORES INC 931142103 63 1140 SH DEFINED 0 0 1140
WALGREEN CO 931422109 712 19203 SH SOLE 13678 0 5525
WALGREEN CO 931422109 22 600 SH DEFINED 0 0 600
WASTE MGMT INC 94106L109 1 43 SH SOLE 43 0 0
WATERS CORP 941848103 24 350 SH SOLE 350 0 0
WATSCO INC 942622200 4 75 SH SOLE 75 0 0
WATSON PHARMACEUTICALS 942683103 23 550 SH SOLE 550 0 0
WELLPOINT INC 94973V107 27 414 SH SOLE 414 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 18 3732 79039 57370 2771 18898
ENTERPRISE BANK
CLIENT NO. 414 SCHEDULE 13F WORKSHEET AS OF 03/31/2010 PAGE 19
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
______________________________ ________________ _________ ________ ________ ___ ____ _______ ____________ ________ ________ _______
WELLS FARGO & CO 949746101 281 9047 SH SOLE 8605 0 442
WESTAR ENERGY INC 95709T100 4 169 SH SOLE 169 0 0
WESTERN ASSET EMERGING MARKETS INC 95766E103 13 1000 SH SOLE 1000 0 0
WESTERN ASSET GLOBAL PARTNER INCOME FUND 95766G108 12 1000 SH SOLE 1000 0 0
WESTERN ASSET INC 95766T100 59 4450 SH SOLE 0 4450 0
WESTERN UNION CO 959802109 88 5215 SH SOLE 5215 0 0
WEYERHAEUSER CO 962166104 17 375 SH SOLE 375 0 0
WHITNEY HLDG CORP 966612103 7 514 SH SOLE 514 0 0
WHOLE FOODS MKT INC 966837106 8 235 SH SOLE 0 235 0
WILLIAMS PARTNERSHIP LP 96950F104 12 300 SH SOLE 300 0 0
WINDSTREAM CORP 97381W104 6 586 SH SOLE 586 0 0
WONDER AUTO TECHNOLOGY 978166106 6 600 SH SOLE 600 0 0
XTO ENERGY INC 98385X106 7 142 SH SOLE 142 0 0
XCEL ENERGY INC 98389B100 12 572 SH SOLE 572 0 0
XILINX INC 983919101 19 739 SH SOLE 739 0 0
XINYUAN REAL ESTATE CO LTD 98417P105 4 1000 SH SOLE 1000 0 0
YONGYE INTL INC 98607B106 6 800 SH SOLE 800 0 0
YUM BRANDS INC 988498101 139 3628 SH SOLE 3628 0 0
ZIMMER HOLDINGS INC 98956P102 37 622 SH SOLE 622 0 0
________ ________ ________ ________ _______
TOTAL FOR PAGE 19 737 30994 25867 4685 442
GRAND TOTALS 118867 4602230 3925028 205058 472144