- CEO
- John E. Wilkinson
- Full Time Employees
- 135
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 22 South Links Avenue Sarasota FL United States of America 34236
- IPO Date
- Dec 10, 2004
- Business
- First State Financial Corporation operates as the bank holding company for First State Bank, providing a wide range of retail and commercial banking services primarily in the west central region of Florida. Founded in 1988 and headquartered in Florida, the company focuses on deposit generation and loan origination. Its main products include certificates of deposit, checking and other demand deposits, NOW accounts, savings accounts, money market accounts, business banking services, personal banking services, trust and wealth management, and mortgage loans. The company serves individuals, small and medium-sized businesses with comprehensive financial solutions encompassing consumer and business credit, asset management, and deposit products.
Recent major changes include leadership transitions with Mark Jansen appointed as President and CEO and Kelly Walters joining as Executive Vice President, emphasizing continuity in community banking and operational stability. The company has maintained a conservative approach toward risk management, supporting local businesses and individuals through economic challenges such as the COVID-19 pandemic. There are no significant acquisitions or new strategic alliances reported in the last 1-2 years; however, operational growth and regional market expansion efforts are ongoing.
First State Financial Corporation operates within the financial services industry, providing business and personal banking, mortgage lending, trust, and wealth management services primarily in Florida. The company continues to focus on community banking, offering tailored financial products to meet diverse customer needs in its regional market. It remains headquartered in Florida, with its banking operations anchored in local community engagement and personalized service.
This description is based on the latest publicly available data from company profiles and recent news on operational leadership and product offerings.