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) October 21, 2004
MID-STATE BANCSHARES
(Exact Name of registrant as specified in its charter)
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California |
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000-23925 |
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77-0442667 |
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(State or other jurisdiction |
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(Commission |
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(IRS Employer |
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1026 East Grand Avenue, Arroyo Grande, CA |
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93420 |
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(Address of principal executive offices) |
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(Zip Code) |
Registrant’s telephone number, including area code (805) 473-7700
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications Pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECTION 2 – FINANCIAL INFORMATION
Item 2.02 – Results of Operations and Financial Condition.
On October 21, 2004, Mid-State Bancshares reported that diluted earnings per share increased 5.9% to $1.07 per share for the nine months ended September 30, 2004, up from $1.01 per share in the like 2003 period. For the third quarter, results were $0.36 per share in 2004, down slightly from the $0.37 earned one year before. Net income for the nine months ended September 30, 2004 was $25.7 million, up from the $24.8 million earned in the same 2003 period. For the third quarter of 2004, net income was $8.7 million compared to $9.0 million one year earlier. Results for the three month and nine month periods ended September 30, 2003 were bolstered by gains on the sale of mortgage loans held for sale as a result of the refinance boom which took place during that time frame.
Please refer to the Press Release dated October 21, 2004, attached hereto and made a part hereof.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 - Financial Statements and Exhibits.
Exhibits
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Exhibit No. |
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Description |
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99 |
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Press Release announcing third quarter earnings – dated October 21, 2004 |
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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.
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Registrant: |
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MID-STATE BANCSHARES |
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Date: October 21, 2004 |
By: |
/s/ JAMES W. LOKEY |
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James W. Lokey |
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President |
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Chief Executive Officer |
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By: |
/s/ JAMES G. STATHOS |
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James G. Stathos |
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Executive Vice President |
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Chief Financial Officer |
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EXHIBIT INDEX
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Exhibit No. |
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Description |
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99 |
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Press Release announcing third quarter earnings – dated October 21, 2004 |
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