FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
Corporation) issued a press release announcing the results for
the fourth>quarter and twelve months ended>December 31,
2016. The full text of the press release is set forth in Exhibit
99.1 hereto and is incorporated herein by reference.
information in this Item 2.02, including the press release
attached as Exhibit 99.1, is furnished and shall not be deemed to
be “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended, or otherwise subject to the liability of
that section. Furthermore, the information in this Item 2.02,
including the press release attached as Exhibit 99.1, shall not
be deemed to be incorporated by reference into the filings of the
registrant under the Securities Act of 1933, as amended.
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Exhibit No.
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Description
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99.1
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Press Release issued on February 9, 2017
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About FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN)
Four Oaks Fincorp, Inc. is a bank holding company. The Company’s primary function is to serve as the holding company for its subsidiaries, Four Oaks Bank & Trust Company, Inc. (the Bank) and Four Oaks Mortgage Services, L.L.C. The Bank operates over 16 offices in eastern and central North Carolina. In addition, the Company has an interest in Four Oaks Statutory Trust I. The Bank is a community-focused bank engaged in commercial banking business. The Bank provides a range of banking services, including deposit accounts, loan products, wealth management, bank access services and merchant services. The Bank offers deposit accounts, such as checking, savings, free checking and savings program, certificates of deposit (CD), e-statements and mobile check capture. It offers wealth management products, such as financial planning services, wealth management services, life insurance, long-term care and annuities. It offers Internet banking, telephone banking and mobile banking. FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) Recent Trading Information
FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) closed its last trading session 00.00 at 3.30 with 15,487 shares trading hands.
