Sanderson State Bank
Sanderson, TX
$38.2M
total assets, September 30, 2008
$38.2M
total assets, September 30, 2008
Sanderson State Bank was a state nonmember bank in Sanderson, TX. It failed on Dec 12, 2008, and The Pecos County Bank took over its deposits. At its last report it held $38.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2008
This bank failed
- Failed on
- Dec 12, 2008
- Assets
- $38.2M
- Deposits
- $32.0M
- Estimated cost
- $7.7M
- Deposits went to
- The Pecos County Bank, Fort Stockton, TX
Total assets
$38.2M
+7.6% in a year · -10.8% in a quarter
Deposits
$32.0M
+19.3% in a year · -12.1% in a quarter
Loans
$31.1M
+12.4% in a year · -14.0% in a quarter
Profit so far
-$752K
Jan 1 to Sep 30, 2008 · -5471.4% in a year
Capital ratio
8.62%
-2.31 pts in a year
Return on assets
-2.30%
-2.34 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 216 West Oak Street, Sanderson, TX, 79848
- County
- Terrell
- Established
- Jul 1, 1907
- Failed
- Dec 12, 2008
- Employees
- 12
- Branches
- 1
- Id
- b11568
Quarter by quarter
March 31, 1984 to September 30, 2008
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Sanderson State Bank?
$38.2 million in total assets and $32.0 million in deposits as of September 30, 2008, with assets up 7.6% from a year before. Its loans were $31.1 million.
How many branches does Sanderson State Bank have?
1 branch in Texas as of June 30, 2026.
Is Sanderson State Bank profitable?
No: it lost $752,000 from January 1 to September 30, 2008. Its return on assets was -2.30% a year; about 1% is typical.
When did Sanderson State Bank fail?
Dec 12, 2008. The Pecos County Bank of Fort Stockton, TX took over its deposits. The estimated cost of the failure was $7.71 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.