Data / Bank failures / 2011 / Heritage Banking Group
Heritage Banking Group, Carthage, MS: failed April 15, 2011
Heritage Banking Group in Carthage, Mississippi, failed on April 15, 2011. Trustmark National Bank of Jackson, MS, took over its deposits. It held $228.3 million in assets and $205 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $37.8 million (16.6% of its assets). By assets it was the 38th largest of 92 banks closed or assisted in 2011.
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The FDIC's record
- Closed
- April 15, 2011
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Trustmark National Bank, Jackson, MS
- Total assets
- $228,328,000
- Total deposits
- $205,035,000
- Estimated cost to the FDIC
- $37,841,406 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 14273
Other bank failures in Mississippi, 2009 to 2013
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First National Bank | Rosedale | June 4, 2010 | $60.4 million | $63.5 million | $18.1 million | The Jefferson Bank |
Other failed banks Trustmark National Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Foxworth Bank | Foxworth | MS | August 7, 1992 | $36.5 million | $36 million | $5.4 million | Trustmark National Bank |
All bank failures in 2011 · All bank failures in Mississippi · Every failed bank Trustmark National Bank took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.