Bank failure · MS
Heritage Banking Group (Carthage, MS) — failed April 15, 2011
Heritage Banking Group of Carthage, Mississippi was closed on April 15, 2011 and resolved through a purchase and assumption. Trustmark National Bank (MS) took over its insured deposits. At failure it held $228.3M in assets and $205.0M in deposits. The FDIC's estimated loss on the failure is $37.8M (16.6% of assets).
- Closing date
- April 15, 2011
- FDIC certificate #
- 14273
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Trustmark National Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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