Bank failure · MS

Foxworth Bank (Foxworth, MS) — failed August 7, 1992

Foxworth Bank of Foxworth, Mississippi was closed on August 7, 1992 and resolved through a purchase and assumption. Trustmark National Bank (MS) took over its insured deposits. At failure it held $36.5M in assets and $36.0M in deposits. The FDIC's estimated loss on the failure is $5.4M (14.7% of assets).