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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001473923-09-000001.txt : 20091007
<SEC-HEADER>0001473923-09-000001.hdr.sgml : 20091007
<ACCEPTANCE-DATETIME>20091007105326
ACCESSION NUMBER:		0001473923-09-000001
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20091007
DATE AS OF CHANGE:		20091007
EFFECTIVENESS DATE:		20091007

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sandhills Bancshares, Inc.
		CENTRAL INDEX KEY:			0001473923
		IRS NUMBER:				270468158
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-135021
		FILM NUMBER:		091109518

	BUSINESS ADDRESS:	
		STREET 1:		112 W. 8TH STREET
		CITY:			IRAAN
		STATE:			TX
		ZIP:			79744
		BUSINESS PHONE:		432-547-9758

	MAIL ADDRESS:	
		STREET 1:		112 W. 8TH STREET
		CITY:			IRAAN
		STATE:			TX
		ZIP:			79744
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001473923</cik>
        <entityName>Sandhills Bancshares, Inc.</entityName>
        <issuerAddress>
            <street1>112 W. 8TH STREET</street1>
            <city>IRAAN</city>
            <stateOrCountry>TX</stateOrCountry>
            <zipCode>79744</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>432-547-9758</issuerPhoneNumber>
        <jurisdictionOfInc>TEXAS</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Sandhills Acquisition, LLC</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2008</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kirk</firstName>
                <lastName>Dunnam</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4906 93rd Street</street1>
                <city>Lubbock</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79424</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Larry</firstName>
                <middleName>Todd</middleName>
                <lastName>Hunt</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8967 S. Highway 18</street1>
                <city>Monahans</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79756</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Bryan</firstName>
                <lastName>Heflin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1601 S. Gary</street1>
                <city>Monahans</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79756</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Bobby</firstName>
                <lastName>Crenshaw</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1362 Boos Lane</street1>
                <city>Fredericksburg</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79642</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Johnny</firstName>
                <lastName>Jordan</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1401 N. Doris</street1>
                <city>Monahans</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79756</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Sammy</firstName>
                <lastName>McDaniel</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1507 S. Gary</street1>
                <city>Monahans</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79756</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kent</firstName>
                <lastName>McDaniel</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1008 S. Nelson</street1>
                <city>Monahans</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79756</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kenny</firstName>
                <lastName>Dutcher</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>500 Mourning Dove</street1>
                <city>Monahans</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79756</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <lastName>Riley</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4008 S. Ursila</street1>
                <city>Monahans</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>79756</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial Banking</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-09-30</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>true</isBusinessCombinationTransaction>
            <clarificationOfResponse>Part of the proceeds will be used to fund the acquisition of TransPecos Banks-Iraan, a Texas banking association.</clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>10000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>6600000</totalOfferingAmount>
            <totalAmountSold>6600000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>26</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Sandhills Bancshares, Inc.</issuerName>
                <signatureName>L. Todd Hunt</signatureName>
                <nameOfSigner>L. Todd Hunt</nameOfSigner>
                <signatureTitle>President</signatureTitle>
                <signatureDate>2009-10-07</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----