# SANDERSON STATE BANK

> **Failed bank** · SANDERSON, TX · failed 2008-12-12 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $8M

## What happened

SANDERSON STATE BANK of SANDERSON, TX was closed by regulators on **2008-12-12**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **THE PECOS COUNTY BANK** (FORT STOCKTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3584
- **FDIC Certificate:** 11568
- **FDIC FIN:** 10026
- **Bank name:** SANDERSON STATE BANK
- **Location:** SANDERSON, TX
- **Failure date:** 2008-12-12
- **FDIC resolution date:** 2008-12-12
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $32M
- **Assets at failure:** $38M
- **Acquiring bank:** THE PECOS COUNTY BANK (FORT STOCKTON, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SANDERSON%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SANDERSON STATE BANK (FDIC ID 3584), failed 2008-12-12. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3584.

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