United States

Securities and Exchange Commission

Washington, D.C. 20549

 

FORM 8-K

 

Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  January 28, 2004

 

MID-STATE BANCSHARES

(Name of Small Business Issuer in its Charter)

 

California

 

000-23925

 

77-0442667

(State or Other  Jurisdiction of
Incorporation or Organization)

 

(File Number)

 

(I.R.S. Employer Identification No.)

 

 

 

 

 

1026 Grand Ave. Arroyo Grande, CA

 

 

 

93420

(Address of Principal Executive Offices)

 

 

 

(Zip Code)

 

 

 

 

 

Registrant’s Telephone Number, including area code: (805) 473-7700

 

 



 

Item 7.                                                         EXHIBITS

 

Exhibit No.

 

Description

 

 

 

99

 

Press Release of January 28, 2004

 

Item 12.                                                    DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

 

On January 28, 2004, Mid-State Bancshares reported net income of $33.2 million for 2003, an 11.1% increase over 2002 earnings of $29.9 million.  Diluted earnings per share were $1.40 in 2003 compared to $1.20 in 2002.  For the fourth quarter 2003 and 2002, net income was $8.4 million and $8.7 million, respectively, resulting in the same diluted earnings per share figure of $0.35 for both periods based on fewer shares outstanding in 2003.

 

Please refer to the Press Release dated January 28, 2004, attached hereto and made a part hereof.

 

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SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Date:   January 30, 2004

MID-STATE BANCSHARES

 

 

 

 

 

By:

/S/ JAMES W. LOKEY

 

 

 

James W. Lokey

 

 

President
Chief Executive Officer

 

 

 

 

 

 

 

By:

/S/ JAMES G. STATHOS

 

 

 

James G. Stathos

 

 

Executive Vice President
Chief Financial Officer

 

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EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

 

 

 

 

99

 

Press Release announcing Mid-State Bancshares Operating Results for the Fourth Quarter 2003

 

 

 

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