13F-HR 1 zwj13f1212.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2012 Check her if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: ZWJ Investment Counsel Address: 75 14th Street NE, Suite 2900 Atlanta, GA 30309 13F File Number: 28-2376 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: Clayton F. Jackson Title: President Phone: 404-873-2211 Signature, Place, and Date of Signing: Clayton F. Jackson Atlanta, Georgia February 12, 2013 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. FORM 13F SUMMARY PAGE REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 231 FORM 13F INFORMATION TABLE VALUE TOTAL: $613,256,000 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME 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 3 M CO COM 88579Y101 617 6642 SH SOLE 0 0 6642 3 M CO COM 88579Y101 273 2941 SH OTHER 0 2941 0 A G L RESOURCES COM 001204106 4446 111225 SH DEFINED 0 1100 110125 A G L RESOURCES COM 001204106 8912 222976 SH OTHER 0 222976 0 A T & T COM 00206R102 6300 186900 SH DEFINED 0 1261 185639 A T & T COM 00206R102 10277 304852 SH OTHER 0 304852 0 ABBOTT LABS COM 002824100 2069 31584 SH SOLE 0 0 31584 ABBOTT LABS COM 002824100 790 12061 SH OTHER 0 12061 0 ACCENTURE PLC COM G1151C101 3615 54355 SH SOLE 0 0 54355 ACCENTURE PLC COM G1151C101 7154 107576 SH OTHER 0 107576 0 ADVANCED CELL TECHNOLOGY INC COM 00752K105 7 125000 SH OTHER 0 125000 0 AFLAC INC COM 001055102 218 4100 SH SOLE 0 0 4100 AFLAC INC COM 001055102 343 6448 SH OTHER 0 6448 0 ALBEMARLE CORP COM 012653101 6 90 SH SOLE 0 0 90 ALBEMARLE CORP COM 012653101 360 5790 SH OTHER 0 5790 0 ALTRIA GROUP INC COM 02209S103 186 5906 SH SOLE 0 0 5906 ALTRIA GROUP INC COM 02209S103 197 6268 SH OTHER 0 6268 0 AMAZON.COM COM 023135106 389 1550 SH OTHER 0 1550 0 AMERICAN EXPRESS CO COM 025816109 109 1900 SH DEFINED 0 65 1835 AMERICAN EXPRESS CO COM 025816109 303 5265 SH OTHER 0 5265 0 AMERICAN SOFTWARE INC CL A COM 029683109 78 10000 SH SOLE 0 0 10000 ANGLO AMERN PLC ADR COM 03485P201 2420 157195 SH DEFINED 0 620 156575 ANGLO AMERN PLC ADR COM 03485P201 3313 215230 SH OTHER 0 215230 0 ANHEUSER BUSCH INBEV ADR COM 03524A108 3394 38833 SH SOLE 0 0 38833 ANHEUSER BUSCH INBEV ADR COM 03524A108 5798 66327 SH OTHER 0 66327 0 APPLE COMPUTER INC COM 037833100 98 185 SH SOLE 0 0 185 APPLE COMPUTER INC COM 037833100 978 1838 SH OTHER 0 1838 0 AUTOMATIC DATA PROCESSING COM 053015103 2998 52665 SH SOLE 0 0 52665 AUTOMATIC DATA PROCESSING COM 053015103 2161 37959 SH OTHER 0 37959 0 B B & T CORP COM 054937107 469 16121 SH SOLE 0 0 16121 B B & T CORP COM 054937107 58 1999 SH OTHER 0 1999 0 BANCO BRADESCO S A SP ADR PFD COM 059460303 3628 208853 SH DEFINED 0 1705 207148 BANCO BRADESCO S A SP ADR PFD COM 059460303 5472 315002 SH OTHER 0 315002 0 BANK OF AMERICA COM 060505104 183 15795 SH OTHER 0 15795 0 BB&T PFD 5.625% 12/31/49 PREFERRED STOCKS 054937404 596 23400 SH SOLE 0 0 23400 BB&T PFD 5.625% 12/31/49 PREFERRED STOCKS 054937404 1374 53930 SH OTHER 0 53930 0 BECTON DICKINSON & CO COM 075887109 4650 59470 SH DEFINED 0 395 59075 BECTON DICKINSON & CO COM 075887109 7420 94896 SH OTHER 0 94896 0 BERKSHIRE HATHAWAY CL B COM 084670702 67 750 SH SOLE 0 0 750 BERKSHIRE HATHAWAY CL B COM 084670702 311 3465 SH OTHER 0 3465 0 BERKSHIRE HATHAWAY INC COM 084670108 402 3 SH SOLE 0 0 3 BERKSHIRE HATHAWAY INC COM 084670108 268 2 SH OTHER 0 2 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9697 SH SOLE 0 0 9697 DOW CHEMICAL CORP COM 260543103 74 2289 SH OTHER 0 2289 0 DR PEPPER SNAPPLE GROUP INC COM 26138E109 2846 64410 SH DEFINED 0 725 63685 DR PEPPER SNAPPLE GROUP INC COM 26138E109 5013 113475 SH OTHER 0 113475 0 DU PONT E I DE NEMOURS CO COM 263534109 4250 94482 SH DEFINED 0 685 93797 DU PONT E I DE NEMOURS CO COM 263534109 7359 163616 SH OTHER 0 163616 0 DUKE ENERGY CORPORATION COM 26441C204 90 1406 SH SOLE 0 0 1406 DUKE ENERGY CORPORATION COM 26441C204 523 8196 SH OTHER 0 8196 0 ECOLAB INC COM 278865100 36 500 SH SOLE 0 0 500 ECOLAB INC COM 278865100 183 2552 SH OTHER 0 2552 0 ELI LILLY AND CO COM 532457108 248 5028 SH SOLE 0 0 5028 ELI LILLY AND CO COM 532457108 10 197 SH OTHER 0 197 0 EMERSON ELECTRIC CO COM 291011104 259 4899 SH OTHER 0 4899 0 EOG RESOURCES INC. COM 26875P101 231 1915 SH SOLE 0 0 1915 EOG RESOURCES INC. COM 26875P101 435 3605 SH OTHER 0 3605 0 EXPEDITORS INTL WASH INC COM 302130109 2714 68625 SH SOLE 0 0 68625 EXPEDITORS INTL WASH INC COM 302130109 3801 96098 SH OTHER 0 96098 0 EXXON MOBIL COM 30231G102 7271 84010 SH DEFINED 0 245 83765 EXXON MOBIL COM 30231G102 7153 82643 SH OTHER 0 82643 0 FEDERATED INVS INC PA CL B COM 314211103 453 22400 SH DEFINED 0 55 22345 FEDERATED INVS INC PA CL B COM 314211103 1014 50139 SH OTHER 0 50139 0 FEDEX CORP COM 31428X106 413 4500 SH OTHER 0 4500 0 FMC TECHNOLOGIES INC COM 30249U101 714 16680 SH SOLE 0 0 16680 FMC TECHNOLOGIES INC COM 30249U101 829 19365 SH OTHER 0 19365 0 GENERAL DYNAMICS COM 369550108 4282 61820 SH DEFINED 0 405 61415 GENERAL DYNAMICS COM 369550108 7575 109359 SH OTHER 0 109359 0 GENERAL ELECTRIC COM 369604103 1780 84816 SH SOLE 0 0 84816 GENERAL ELECTRIC COM 369604103 1564 74505 SH OTHER 0 74505 0 GENERAL MILLS INC COM 370334104 178 4400 SH SOLE 0 0 4400 GENERAL MILLS INC COM 370334104 196 4842 SH OTHER 0 4842 0 GENUINE PARTS CO COM 372460105 263 4132 SH SOLE 0 0 4132 GENUINE PARTS CO COM 372460105 230 3612 SH OTHER 0 3612 0 GILEAD SCIENCES INC COM 375558103 3879 105624 SH DEFINED 0 560 105064 GILEAD SCIENCES INC COM 375558103 7020 191146 SH OTHER 0 191146 0 GOL LINHAS AEREAS INTLG ADR COM 38045R107 643 98035 SH DEFINED 0 2285 95750 GOL LINHAS AEREAS INTLG ADR COM 38045R107 1123 171207 SH OTHER 0 171207 0 GOLDMAN SACHS GROUP INC COM 38141G104 23 180 SH SOLE 0 0 180 GOLDMAN SACHS GROUP INC COM 38141G104 304 2385 SH OTHER 0 2385 0 GOOGLE INC CL A COM 38259P508 5261 7437 SH DEFINED 0 55 7382 GOOGLE INC CL A COM 38259P508 8996 12717 SH OTHER 0 12717 0 GREEN DOT CORP CL A COM 39304D102 72 5940 SH SOLE 0 0 5940 GREEN DOT CORP CL A COM 39304D102 145 11920 SH OTHER 0 11920 0 HOME DEPOT COM 437076102 1790 28946 SH SOLE 0 0 28946 HOME DEPOT COM 437076102 1203 19452 SH OTHER 0 19452 0 HORSEHEAD HLDG COM 440694305 660 64615 SH SOLE 0 0 64615 HORSEHEAD HLDG COM 440694305 1717 168165 SH OTHER 0 168165 0 I B M COM 459200101 5142 26845 SH DEFINED 0 241 26604 I B M COM 459200101 5511 28772 SH OTHER 0 28772 0 IMPART MEDIA GROUP INC COM 45256R106 0 11050 SH OTHER 0 11050 0 INTEL CORP COM 458140100 162 7875 SH SOLE 0 0 7875 INTEL CORP COM 458140100 128 6220 SH OTHER 0 6220 0 J.P. MORGAN CHASE & CO COM 46625H100 3573 81253 SH DEFINED 0 465 80788 J.P. MORGAN CHASE & CO COM 46625H100 6349 144391 SH OTHER 0 144391 0 JOHNSON CONTROLS, INC. COM 478366107 3389 110495 SH DEFINED 0 965 109530 JOHNSON CONTROLS, INC. COM 478366107 6390 208363 SH OTHER 0 208363 0 JOHNSON & JOHNSON COM 478160104 6891 98305 SH DEFINED 0 650 97655 JOHNSON & JOHNSON COM 478160104 10480 149506 SH OTHER 0 149506 0 JPMORGAN CHASE CAP XVI PFD 6.3 PREFERRED STOCKS 481228203 2808 111084 SH DEFINED 0 100 110984 JPMORGAN CHASE CAP XVI PFD 6.3 PREFERRED STOCKS 481228203 4666 184559 SH OTHER 0 184559 0 KAYNE ANDERSON MLP INVESTMENT COM 486606106 4281 145269 SH DEFINED 0 835 144434 KAYNE ANDERSON MLP INVESTMENT COM 486606106 6870 233132 SH OTHER 0 233132 0 KIMBERLY CLARK CORP COM 494368103 76 900 SH SOLE 0 0 900 KIMBERLY CLARK CORP COM 494368103 144 1705 SH OTHER 0 1705 0 MCDONALDS CORP COM 580135101 71 800 SH SOLE 0 0 800 MCDONALDS CORP COM 580135101 313 3546 SH OTHER 0 3546 0 MERCK & COMPANY COM 58933Y105 421 10282 SH DEFINED 0 246 10036 MERCK & COMPANY COM 58933Y105 173 4229 SH OTHER 0 4229 0 METLIFE COM 59156R108 2210 67089 SH DEFINED 0 105 66984 METLIFE COM 59156R108 4203 127590 SH OTHER 0 127590 0 MICROSOFT COM 594918104 5584 209063 SH DEFINED 0 1681 207382 MICROSOFT COM 594918104 9889 370230 SH OTHER 0 370230 0 MONDELEZ INTL INC COM 609207105 88 3440 SH SOLE 0 0 3440 MONDELEZ INTL INC COM 609207105 125 4898 SH OTHER 0 4898 0 NOKIA CORP ADR COM 654902204 727 184175 SH DEFINED 0 2600 181575 NOKIA CORP ADR COM 654902204 1093 276671 SH OTHER 0 276671 0 NORFOLK SOUTHERN CORP COM 655844108 121 1957 SH SOLE 0 0 1957 NORFOLK SOUTHERN CORP COM 655844108 388 6272 SH OTHER 0 6272 0 ORACLE SYSTEMS CORP COM 68389X105 4944 148374 SH DEFINED 0 1120 147254 ORACLE SYSTEMS CORP COM 68389X105 7525 225846 SH OTHER 0 225846 0 PEABODY ENERGY COM 704549104 2458 92375 SH DEFINED 0 760 91615 PEABODY ENERGY COM 704549104 4520 169870 SH OTHER 0 169870 0 PEPSICO INC COM 713448108 472 6903 SH SOLE 0 0 6903 PEPSICO INC COM 713448108 415 6070 SH OTHER 0 6070 0 PFIZER INC COM 717081103 523 20855 SH SOLE 0 0 20855 PFIZER INC COM 717081103 100 4002 SH OTHER 0 4002 0 PHILIP MORRIS INTL INC COM 718172109 605 7238 SH SOLE 0 0 7238 PHILIP 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