UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 7, 2009

First State Financial Corporation

(Exact name of Registrant as specified in its Charter)

Florida

000-50992

65-0771145

(State or Other Jurisdiction

of Incorporation)

(SEC Commission File No.)

(IRS Employer

Identification Number)


22 S. Links Avenue, Sarasota, Florida		34236
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (941) 929-9000

Not Applicable

(Former name or former address, if changed since last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Item 8.01

Other Events

On August 7, 2009, First State Bank (the “Bank”), the wholly owned subsidiary of First State Financial Corporation, was closed by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (the “FDIC”) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Stearns Bank, National Association, St. Cloud, Minnesota, to assume all of the deposits of First State Bank, excluding those from brokers.

On August 7, 2009 the FDIC issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits

Exhibits

99.1	Press Release dated August 7, 2009

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.


	FIRST STATE FINANCIAL CORPORATION

Date: August 11, 2009	By:	/s/ John E. (“Jed”) Wilkinson
		John E. (“Jed”) Wilkinson
		President and Chief Executive Officer

EXHIBIT INDEX


Exhibit No.		Description
99.1		Press Release dated August 7, 2009

FIRST STATE FINANCIAL CORP/FL 8-K