SECURITIES AND EXCHANGE COMMISSION
               Washington, D.C. 20549

                    FORM 10-Q/A

          Quarterly Report under Section 13 or 15 (d)
          of the Securities Exchange Act of 1934

           For Quarter Ended    March 31, 1995

Commission File Number    0-16329

     First State Financial Services, Inc.
 (Exact name of registrant as specified in its charter)

      Delaware                           22-2823506
 (State or other jurisdiction of    (I.R.S. Employer
  incorporation or organization)     Identification Number)

      1120 Bloomfield Avenue, CN 2449, West Caldwell,
      New Jersey 07007-2449
 (Address of principal executive offices)

            (201) 575-5800
 (Registrant's telephone number, including area code)

N/A
Former name, former address, and former fiscal year, if changed since 
last report

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15 (d) of the Securities Exchange 
Act of 1934 during the preceding 12 months (or for such shorter period 
that the registrant was required to file such report(s), and (2) has been 
subject to such filing requirements for the past 90 days.

                   Yes    X    No

Indicate the number of shares outstanding of each of the issuer's class of
common stock at March 31, 1995:

          3,849,062 shares of common stock, par value $.01.


              
              
              
              
              
              
              
              
              
              
              
              
              
              FIRST STATE FINANCIAL SERVICES, INC.

                               INDEX

                                                                  Page
                                                                Number

PART I. FINANCIAL INFORMATION

     Item 1. Consolidated Financial Statements (unaudited)

               
               Consolidated Balance Sheets,                        
               March 31, 1995 and
               September 30, 1994                                    3

               
               Consolidated Statements of Operations,
               three and six months ended March 31,
               1995 and 1994                                         4

               
               Consolidated Statements of Cash Flows,
               six months ended March 31,
               1995 and 1994                                         5

               
               Notes to Consolidated Financial
               Statements                                            6

     
     
     Item 2. Management's Discussion and Analysis
               of Financial Condition and Results of
               Operations                                            7




PART II.        OTHER INFORMATION                                   21





















                SIGNATURES


Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.



                 First State Financial Services, Inc.





Dated: 06/30/95           By:  Michael J. Quigley, III
                               Michael J. Quigley, III
                               Chairman, President and
                               Chief Executive Officer




Dated: 06/30/95           By:  Emil J. Butchko
                               Emil J. Butchko
                               Vice President and Treasurer