<PAGE>
As filed with the Securities and Exchange Commission on June 5, 2000
Registration No. 333-_________________
================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
MID-STATE BANCSHARES
-------------------------
(Exact name of registrant as specified in its charter)
California 77-0442667
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1026 Grand Avenue
Arroyo Grande, California 93420
(805) 473-7700
(Address, including zip code and telephone number,
including area code, of registrant's principal office)
1996 STOCK OPTION PLAN
----------------------
(FULL TITLE OF THE PLAN)
----------------------------------------------
CARROL R. PRUETT
Chairman of the Board
1026 Grand Avenue
Arroyo Grande, California 93420
(805) 473-7700
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
------------------------------------------------
<TABLE>
<CAPTION>
CALCULATION OF REGISTRATION FEE
--------------------- ------------------- ------------------ -------------------- ------------------
PROPOSED PROPOSED
TITLE OF MAXIMUM MAXIMUM
SECURITIES AMOUNT OFFERING AGGREGATE AMOUNT OF
TO BE TO BE PRICE OFFERING REGISTRATION
REGISTERED REGISTERED (1) PER SHARE (2) PRICE (2) FEE
--------------------- ------------------- ------------------ -------------------- ------------------
<S> <C> <C> <C> <C>
Common Stock, 607,458 shares $27.75 $16,856,960 $4,450
no par value
</TABLE>
--------------------------------------------------------------------------------
(1) This Registration Statement covers, in addition to the number of shares of
Common Stock stated above, such indeterminate number of shares as may become
subject to options under the 1996 Plan as a result of the adjustment provisions
thereof.
(2) Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule 457 (g).
<PAGE>
STATEMENT PURSUANT TO GENERAL INSTRUCTION E
Mid-State Bancshares has previously registered shares of its common
stock in connection with the 1996 Stock Option Plan. This Registration
Statement merely registers additional shares of common stock in connection
with such Plan and is filed in accordance with General Instruction E of Form
S-8. The file number of the previous Registration Statement relating to
shares for the 1996 Stock Option Plan is 333-29161 and the contents of such
Registration Statement are incorporated herein by this reference.
Registration Statement 333-29161 was filed under the name of "BSM Bancorp,"
the previous name of Mid-State Bancshares.
ITEM 8. EXHIBITS.
4 1996 Stock Option Plan, as amended
5 Opinion of Reitner & Stuart relating to the legality of
securities being registered, and consent
23a Consent of Arthur Andersen LLP
23b Consent of Reitner & Stuart is contained in the opinion filed
as Exhibit 5
23c Consent of Vavrinek, Trine, Day & Co., LLP
23d Consent of KPMG LLP
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
Corporation certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Arroyo Grande, State of California on May 18,
2000.
MID-STATE BANCSHARES
By: /s/ Carrol R. Pruett
-------------------------
CARROL R. PRUETT
Chairman of the Board
By: /s/ James G. Stathos
-------------------------
JAMES G. STATHOS
Chief Financial Officer
<PAGE>
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
Dated:
<S> <C> <C>
/s/ Carrol R. Pruett Chairman May 18, 2000
---------------------- of the Board
CARROL R. PRUETT
/s/ Gracia B. Bello Director May 18, 2000
----------------------
GRACIA B. BELLO
---------------------- Director May ____, 2000
TRUDI CAREY
/s/ A. J. Diani Director May 18, 2000
----------------------
A. J. DIANI
/s/ Daryl L. Flood Director May 18, 2000
----------------------
DARYL L. FLOOD
/s/ H. Edward Heron Director May 18, 2000
----------------------
H. EDWARD HERON
/s/ Raymond E. Jones Director May 18, 2000
----------------------
RAYMOND E. JONES
/s/ James W. Lokey Director May 18, 2000
----------------------
JAMES W. LOKEY
---------------------- Director May ____, 2000
STEPHEN P. MAGUIRE
---------------------- Director May ____, 2000
GREGORY R. MORRIS
/s/ William L. Snelling Director May 18, 2000
----------------------
WILLIAM L. SNELLING
</TABLE>
<PAGE>
EXHIBIT INDEX
<TABLE>
<CAPTION>
Page at which
Exhibit Appears
in Sequentially
Exhibit Description Numbered Copy
------- ----------- -------------
<S> <C> <C>
4 1996 Stock Option Plan, as amended
5 Opinion of Reitner & Stuart relating
to the legality of securities being
registered, and consent
23a Consent of Arthur Andersen LLP
23b Consent of Reitner & Stuart*
23c Consent of Vavrinek, Trine, Day
& Co., LLP
23d Consent of KPMG LLP
----------------------------------------------
</TABLE>
* Contained in the opinion filed as Exhibit 5
