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): April 25, 2003


                             1st State Bancorp, Inc.
               --------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


        Virginia                      0-25859                    56-2130744
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(State or Other Jurisdiction        (Commission               (I.R.S. Employer
      of Incorporation)             File Number)             Identification No.)



445 S. Main Street, Burlington, North Carolina                        27215
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(Address of Principal Executive Offices)                           (Zip Code)


       Registrant's telephone number, including area code: (336) 227-8861


                                 Not Applicable
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
---------------------------------------------------------------------------

     (a)  Not applicable

     (b)  Not applicable

     (c)  The following exhibit is filed herewith:

               Exhibit 99               Press Release dated April 25, 2003


ITEM 9.  REGULATION FD DISCLOSURE
---------------------------------

     On  April  25,  2003,  1st  State  Bancorp,  Inc.  issued  a press  release
announcing its unaudited  financial results for the quarter and six months ended
March 31,  2003.  A copy of the press  release is  attached to this Report as an
exhibit  and is  incorporated  herein by  reference.  The  attached  exhibit  is
furnished pursuant to Item 12 of Form 8-K.


                                   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.


                                     1ST STATE BANCORP, INC.



Date:    April 25, 2003              By:/s/ James C. McGill
                                        ---------------------------------------
                                        James C. McGill
                                        President and Chief Executive Officer