Heritage Banking Group
Carthage, MS · Owner: First Heritage Corp
$228M
total assets, March 31, 2011
$228M
total assets, March 31, 2011
Heritage Banking Group was a state nonmember bank in Carthage, MS, owned by First Heritage Corp. It failed on Apr 15, 2011, and Trustmark National Bank took over its deposits. At its last report it held $228.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2011
This bank failed
- Failed on
- Apr 15, 2011
- Assets
- $228M
- Deposits
- $205M
- Estimated cost
- $37.8M
- Deposits went to
- Trustmark National Bank, Jackson, MS
Total assets
$228M
-10.6% in a year · +1.9% in a quarter
Deposits
$205M
-2.6% in a year · +4.5% in a quarter
Loans
$152M
-19.3% in a year · -5.3% in a quarter
Profit so far
-$4.9M
Jan 1 to Mar 31, 2011
Capital ratio
-0.77%
-5.70 pts in a year
Return on assets
-8.75%
-6.24 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 114 South Pearl Street, Carthage, MS, 39051
- County
- Leake
- Holding company
- First Heritage Corp
- Established
- Jan 1, 1920
- Failed
- Apr 15, 2011
- Employees
- 65
- Branches
- 9
- Id
- b14273
Quarter by quarter
March 31, 1984 to March 31, 2011
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Heritage Banking Group?
$228.3 million in total assets and $205.0 million in deposits as of March 31, 2011, with assets down 10.6% from a year before. Its loans were $151.7 million.
How many branches does Heritage Banking Group have?
9 branches in Mississippi as of June 30, 2026.
Is Heritage Banking Group profitable?
No: it lost $4.95 million from January 1 to March 31, 2011. Its return on assets was -8.75% a year; about 1% is typical.
Who owns Heritage Banking Group?
Heritage Banking Group is owned by First Heritage Corp, its holding company.
When did Heritage Banking Group fail?
Apr 15, 2011. Trustmark National Bank of Jackson, MS took over its deposits. The estimated cost of the failure was $37.8 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.