Sparta-Sanders State Bank was a state nonmember bank in Sparta, KY. It failed on Apr 15, 1983, and its insured deposits were paid out. At its last report it held $19.0 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Apr 15, 1983
- Assets
- $19.0M
- Deposits
- $18.5M
- Estimated cost
- $6.6M
- Deposits went to
- payout
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Sparta, KY, 41086
- County
- Gallatin
- Established
- Jan 1, 1900
- Failed
- Apr 15, 1983
- Id
- b15301
Related pages
Questions and answers
When did Sparta-Sanders State Bank fail?
Apr 15, 1983. The estimated cost of the failure was $6.64 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.