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)             May 1, 2007

 

MID-STATE BANCSHARES
(Exact Name of registrant as specified in its charter)

 

 

 

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 8 — OTHER EVENTS

Item 8.01 — Other Events

On November 1, 2006, the Company and VIB Corp entered into an agreement and plan of merger pursuant to which Mid-State Bancshares would be merged into VIB Corp and Mid-State Bank & Trust would be merged into VIB Corp’s subsidiary bank, Rabobank, National Association (“Rabobank”).   On May 1, 2007, Rabobank issued a Press Release announcing that it had completed the merger and all trading in Mid-State Bancshares stock was terminated as of April 30, 2007.

SECTION 9 — FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 - Financial Statements and Exhibits.

Exhibits

Exhibit No.		Description
99.1		Press Release announcing completion of merger — dated May 1, 2007.

 

2

---

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.

	Registrant:
	MID-STATE BANCSHARES
Date: April 30, 2007	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

 

3

---

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release announcing completion of merger dated May 1, 2007.

 

4