First State Bank
| Status: | Inactive as of 03/27/1986 |
| Absorption - Assisted | |
| Successor Bank: | Memphis State Bank |
| Headquarters: | First State Bank 621 Noel Street Memphis, TX 79245 |
| Established: | 01/01/1933 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #11911 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $17,008,000 |
| Total Deposits: | $16,307,000 |
History
| 1933-01-01 | Institution established: Original name:First State Bank | |
| 1986-03-27 | Institution established: Original name:Memphis State Bank (26614) | |
| 1986-03-27 | Failed. Acquired with government financial assistance and subsequently operated as part of Memphis State Bank (26614) | |
| 1987-04-30 | Acquired Peoples State Bank (16098) in TURKEY, TX | |
| 1995-10-16 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
| 2014-11-15 | Acquired Memphis State Bank (26614) in MEMPHIS, TX | |
| 2014-11-15 | Acquired First Bank (5584) in WHITNEY, TX | |
| 2014-11-15 | Acquired Citizens State Bank (9015) in PRINCETON, TX | |
| 2014-11-15 | Merged into and subsequently operated as part of First Bank & Trust (5525) in SEYMOUR, TX | |
| 2021-05-01 | Merged into and subsequently operated as part of Peoples Bank (19788) |