Posts Tagged ‘Heritage Bank’

Bank tries to prove Valley committed fraud

The long-awaited trial of the Evans brothers began last week in U.S. Bankruptcy Court for the Southern District of Mississippi and was still continuing at press time. Judge Neil Olack will rule in the non-jury trial. Heritage Bank and the Bank of Forest are suing Mississippi Valley Title Insurance Company (MVT) on contractual claims and […] [...]

Heritage Bank capital call nearly $6 million

Leaders not certain money can be raised The FDIC has ordered Carthage-based Heritage Bank to raise nearly $6 million in capital by early September, and the institution’s leader is not asserting that the money can be raised. Heritage has $238 million in assets and $225 in total liabilities, leaving only $13 million in equity, according to […] [...]

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