-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EphX3QJtgAegcY/Lj8fphysNhJTkqiQa6cQusUS4chpWpHmEjGMyKgJB1NjGpkAf cOcxX6v58CJca7uS9rTJ+w== 0001047469-98-041905.txt : 19981123 0001047469-98-041905.hdr.sgml : 19981123 ACCESSION NUMBER: 0001047469-98-041905 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981111 ITEM INFORMATION: FILED AS OF DATE: 19981120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MID-STATE BANCSHARES CENTRAL INDEX KEY: 0001027324 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 770442667 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23925 FILM NUMBER: 98756296 BUSINESS ADDRESS: STREET 1: 1026 GRAND AVE CITY: ARROYO GRANDE STATE: CA ZIP: 93420 BUSINESS PHONE: 8054737700 MAIL ADDRESS: STREET 1: 1026 GRAND AVE CITY: ARROYO GRANDE STATE: CA ZIP: 93420 FORMER COMPANY: FORMER CONFORMED NAME: MID STATE BANCSHARES DATE OF NAME CHANGE: 19980820 FORMER COMPANY: FORMER CONFORMED NAME: BSM BANCORP DATE OF NAME CHANGE: 19961121 8-K 1 FORM 8-K 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): November 11, 1998 MID-STATE BANCSHARES (Name of Small Business Issuer in its Charter) CALIFORNIA 333-16951 77-0442667 - --------------------------------- ------------- ------------------- (State or Other Jurisdiction of (File Number) (I.R.S. Employer Incorporation or Organization) 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 ---------------- ------------------------------------------------------------- (Former Name or Former Address, if changed since last report) Page 1 of 5 Pages Exhibit Index Page 4 ITEM 4. OTHER EVENTS On November 11, 1998, at its regular meeting of the Board of Directors of Mid-State Bancshares, the Board declared a twelve cents per-share quarterly cash dividend for all shareholders of record on December 31, 1998, payable on or before January 22, 1999. The Board also adopted a new policy declaring a quarterly dividend instead of the semi-annual dividends authorized in the past. Please refer to the Press Release dated November 17, 1998 attached hereto and made a part hereof. Page 2 of 5 Pages Exhibit Index Page 4 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: November 17, 1998 MID-STATE BANCSHARES By: /s/ JAMES G. STATHOS --------------------------------- James G. Stathos Executive Vice President Chief Financial Officer By: /s/ CARROL R. PRUETT --------------------------------- Carrol R. Pruett President and Chief Executive Officer Page 3 of 5 Pages Exhibit Index Page 4 EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION PAGE NO. - ----------- ----------- -------- 20 Press Release announcing quarter cash dividend and change in 5 dividend policy to quarterly dividend instead of semi-annual dividends
Page 4 of 5 Pages Exhibit Index Page EX-20 2 EXHIBIT 20 [LOGO] MID-STATE BANCSHARES NEWS RELEASE MEMBER FDIC - ------------------------------------------------------------------------------- FOR IMMEDIATE RELEASE TOTAL PAGES: 1 DATE: NOVEMBER 17, 1998 CONTACT: James G. Stathos TITLE: Chief Financial Officer PHONE NUMBER: 805/473-6803 NASDAQ SYMBOL: "MDST" WEBSITE ADDRESS: www.midstatebank.com MID-STATE BANK ANNOUNCES $0.12 PER-SHARE QUARTERLY CASH DIVIDEND ARROYO GRANDE - Mid-State Bancshares President Carrol R. Pruett announced that the Board of Directors of the Company has declared a twelve cents per-share quarterly cash dividend for all shareholders of record on December 31, 1998. At their meeting held on November 11, 1998, the Board of Directors established a new policy declaring a quarterly dividend instead of the semi-annual dividends authorized in the past Executive Vice President and Chief Financial Officer James G. Stathos states, "After recording a solid third quarter performance, we are pleased to be able to pay this dividend to our shareholders. This action provides us the opportunity to thank them for their loyal and continued support." This payment represents the 62nd cash or stock dividend paid by Bancshares or its subsidiary, Mid-State Bank. Based on 10,072,984 shares of outstanding stock on November 13, 1998, the dividend results in payment of $1.2 million, which will be distributed to the approximate 3,200 shareholders on January 22, 1999. For nearly 40 years, Mid-State Bank has provided its customers with a friendly, home-based, community oriented bank. With assets of $1.2 billion and 28 office locations, Mid-State Bank employs over 700 San Luis Obispo and Santa Barbara County residents. Mid-State Bank...PARTNERS IN YOUR COMMUNITY since 1961. # # # PARTNERS IN YOUR COMMUNITY -----END PRIVACY-ENHANCED MESSAGE-----