<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0000747683</cik>
        <entityName>FIRST STATE CAPITAL CORP</entityName>
        <issuerAddress>
            <street1>146 W COLLEGE AVE</street1>
            <city>HOLLY SPRINGS</city>
            <stateOrCountry>MS</stateOrCountry>
            <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
            <zipCode>38635</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>6012524211</issuerPhoneNumber>
        <jurisdictionOfInc>MISSISSIPPI</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Sam</firstName>
                <middleName>P.</middleName>
                <lastName>McClatchy, Jr.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3521 S. Slayden Rd.</street1>
                <city>Lamar</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38642</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Charles</firstName>
                <middleName>R.</middleName>
                <lastName>McClatchy, Jr.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>606 N. Lamar Blvd.</street1>
                <city>Oxford</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38655</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>C.</firstName>
                <middleName>F.</middleName>
                <lastName>Brittenum, Jr.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>125 N. Memphis St.</street1>
                <street2>PO Box 606</street2>
                <city>Holly Springs</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38635</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>W.</firstName>
                <middleName>Warren</middleName>
                <lastName>Callicutt</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>96 Northpoint Blvd.</street1>
                <city>Oxford</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38655</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>T.</middleName>
                <lastName>Fant</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>802 East Salem Road</street1>
                <city>Holly Springs</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38635</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>A.</firstName>
                <middleName>C.</middleName>
                <lastName>Hurdle</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2263 S. Slayden Rd.</street1>
                <city>Holly Springs</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38635</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>J.</firstName>
                <middleName>K.</middleName>
                <lastName>Hurdle, Jr.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>233 Winter Oaks Dr.</street1>
                <city>Lamar</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38642</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Edward</firstName>
                <lastName>Rather, Jr.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1619 Marianna Rd.</street1>
                <city>Holly Springs</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38635</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>D.</firstName>
                <middleName>Shep</middleName>
                <lastName>Smith</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1023 Augusta Dr.</street1>
                <city>Oxford</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38655</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Charles</firstName>
                <lastName>Thomas, Jr.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1732 HWY 311</street1>
                <city>Holly Springs</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38635</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <middleName>D.</middleName>
                <lastName>Utley</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>6933 Crumpler Blvd.</street1>
                <street2>PO Box 866</street2>
                <city>Olive Branch</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38654</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>L.</middleName>
                <lastName>Woods</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>325 Cedar Dr.</street1>
                <street2>PO Box 5067</street2>
                <city>Holly Springs</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38634</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Brent</firstName>
                <middleName>E.</middleName>
                <lastName>Davis</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4050 Robinson Crossing</street1>
                <city>Olive Branch</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>38654</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial Banking</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1 - $1,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2021-09-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>true</isBusinessCombinationTransaction>
            <clarificationOfResponse>Merger</clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>6229</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>14400000</totalOfferingAmount>
            <totalAmountSold>14400000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>At conclusion of merger occurring September 1, 2021.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>33</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>68</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>No commission or finder's fees will be paid.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>FIRST STATE CAPITAL CORP</issuerName>
                <signatureName>/s/ Sam P. McClatchy, Jr.</signatureName>
                <nameOfSigner>Sam P. McClatchy, Jr.</nameOfSigner>
                <signatureTitle>Chief Executive Officer</signatureTitle>
                <signatureDate>2021-09-13</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
