# FIRST STATE SA

> **Failed bank** · SEDALIA, MO · failed 1992-04-03 · SL · FDIC cost $0M

## What happened

FIRST STATE SA of SEDALIA, MO was closed by state regulators on **1992-04-03**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **MERCANTILE BANK OF SEDALIA** (SEDALIA, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3304
- **FDIC Certificate:** 29584
- **FDIC FIN:** 2212
- **Bank name:** FIRST STATE SA
- **Location:** SEDALIA, MO
- **Failure date:** 1992-04-03
- **FDIC resolution date:** 1992-04-03
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $164M
- **Assets at failure:** $166M
- **Acquiring bank:** MERCANTILE BANK OF SEDALIA (SEDALIA, MO)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20STATE%20SA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST STATE SA (FDIC ID 3304), failed 1992-04-03. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/3304.

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