1st state bancorp

1st State Bancorp will engage primarily in the business of directing, planning and coordinating the business.

1st State Bancorp will engage primarily in the business of directing, planning and coordinating the business activities of 1st State Bank. In the future, 1st State Bancorp may conduct operations or acquire or organize other operating subsidiaries, including other financial institutions, though they have no current plans in this regard. Initially, 1st State Bancorp will not maintain offices separate from those of 1st State Bank nor employ any persons other than its officers who will not be separately compensated for their service.