First State Bank

Status:Inactive as of 09/04/2009
 Absorption - Assisted
Successor Bank:Sunwest Bank
Headquarters:First State Bank
2520 North Fourth Street
Flagstaff, AZ 86004
Established:09/09/1998
FDIC Insurance:09/09/1998
FDIC Cert:#34875
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$107,235,000
Total Deposits:$95,734,000

History

1998-09-09Institution established: Original name:First State Bank
2004-04-19Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2004-04-19Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2009-09-04Failed. Acquired with government financial assistance and subsequently operated as part of Sunwest Bank (20164)
2009-11-13Acquired Pacific Coast National Bank (57914) in SAN CLEMENTE, CA as part of a government assisted transaction.
2012-12-21Moved bank headquarters from FLAGSTAFF, AZ to IRVINE, CA
2013-01-11Acquired Westside Community Bank (33997) in UNIVERSITY PLACE, WA as part of a government assisted transaction.
2014-01-30Acquired Syringa Bank (34296) in BOISE, ID as part of a government assisted transaction.

Financial Information (2009-06-30 and Older)