First State Bank
| Status: | Inactive as of 11/16/2018 |
| Merger - Without Assistance | |
| Successor Bank: | Minnwest Bank |
| Headquarters: | First State Bank 709 Main Street Wilmot, SD 57279 |
| Established: | 01/01/1941 |
| FDIC Insurance: | 01/01/1941 |
| FDIC Cert: | #15787 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $48,651,000 |
| Total Deposits: | $41,398,000 |
History
| 1941-01-01 | Institution established: Original name:Wilmot State Bank | |
| 2004-09-24 | Changed name to First State Bank | |
| 2018-11-16 | Acquired First State Bank in WILMOT, SD | |
| 2018-11-16 | Merged into and subsequently operated as part of Minnwest Bank (16958) in REDWOOD FALLS, MN | |
| 2018-11-16 | Acquired Peoples State Bank (9950) in SUMMIT, SD | |
| 2021-11-19 | Acquired RoundbankMinnwest Bank (5271) in WASECA, MN. |