The Graveyard › Banks › 2011
Heritage Banking Group
Carthage, MS · failed April 15, 2011 · FDIC certificate 14273
Heritage Banking Group of Carthage, MS failed on April 15, 2011. It opened in 1920, 91 years before. At its last report before that it held $228.3 million in assets and $205.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $260.8 million. The FDIC estimates that the Deposit Insurance Fund lost $37.8 million on it.
1984-032011-03
Assets at the end$228.3 millionlast report before April 15, 2011
Deposits at the end$205.0 million
Estimated loss to the fund$37.8 millionDIF
Largest in the quarterly reports$260.8 millionSeptember 30, 2009
Equity to assets-0.7%March 31, 2011
Loans not being repaid10.1%noncurrent, March 31, 2011
Return on assets-8.75%a year's rate, March 31, 2011
Staff65full time, March 31, 2011
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- First Community Bank · Taos, NM · $2.2 billion in assets
- United Western Bank · Denver, CO · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.