First State Bank
| Status: | Inactive as of 08/07/2009 |
| Absorption - Assisted | |
| Successor Bank: | Stearns Bank |
| Headquarters: | First State Bank 22 South Links Avenue Sarasota, FL 34236 |
| Established: | 10/27/1988 |
| FDIC Insurance: | 10/27/1988 |
| FDIC Cert: | #27364 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $447,667,000 |
| Total Deposits: | $394,701,000 |
History
| 1988-10-27 | Institution established: Original name:First State Bank of Sarasota | |
| 1997-08-04 | Changed name to First State Bank | |
| 2001-08-09 | Acquired First State Bank of Pinellas (27186) in ST. PETERSBURG, FL | |
| 2009-08-07 | Acquired First State Bank in SARASOTA, FL as part of a government assisted transaction. | |
| 2009-08-07 | Failed. Acquired with government financial assistance and subsequently operated as part of Stearns Bank National Association (10988) | |
| 2009-08-07 | Acquired Community National Bank of Sarasota County (27183) in VENICE, FL as part of a government assisted transaction. | |
| 2009-08-21 | Acquired Ebank (34682) in ATLANTA, GA as part of a government assisted transaction. | |
| 2010-11-12 | Acquired Copper Star Bank (35463) in SCOTTSDALE, AZ as part of a government assisted transaction. | |
| 2012-03-23 | Acquired Covenant Bank & Trust (58068) in ROCK SPRING, GA as part of a government assisted transaction. | |
| 2012-07-27 | Acquired Jasper Banking Company (16240) in JASPER, GA as part of a government assisted transaction. | |
| 2012-10-19 | Acquired First East Side Savings Bank (28144) in TAMARAC, FL as part of a government assisted transaction. |