Last $1.70 USD
Change Today 0.00 / 0.00%
Volume 2.1K
FOFN On Other Exchanges
As of 8:10 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

four oaks fincorp inc (FOFN) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/17/14 - $2.22
52 Week Low
10/15/13 - $0.73
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for FOUR OAKS FINCORP INC (FOFN)

Related News

No related news articles were found.

four oaks fincorp inc (FOFN) Related Businessweek News

No Related Businessweek News Found

four oaks fincorp inc (FOFN) Details

Four Oaks Fincorp, Inc. operates as the holding company for Four Oaks Bank & Trust Company that provides general commercial banking services. The company provides various deposit products, such as checking, savings, money market, and interest checking accounts, as well as certificates of deposits, Christmas club, overdraft, and e-statement services. Its loan portfolio includes residential real estate mortgage, commercial real estate, financial, agricultural, commercial inventory, accounts receivable, installment, interest only, home improvement, construction, and consumer loans, as well as equity line of credit and credit cards. The company also offers wealth management services, including financial planning and investment services; individual retirement accounts; and life insurance, long term care, and annuity products. In addition, it provides bank access services, such as Internet, telephone, and mobile banking services; and automated teller machines and night depository services. Further, the company offers merchant services comprising remote deposit capture, ATM cards, VISA debit cards, and automated clearing house services; and other services consisting of cashier’s checks, traveler’s check cards, gift cards, safe deposit boxes, bill pay services, wire services, notary services, and electronic funds transfer services. It operates through approximately 13 offices in eastern and central North Carolina. The company is headquartered in Four Oaks, North Carolina.

171 Employees
Last Reported Date: 03/31/14

four oaks fincorp inc (FOFN) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $267.7K
Chief Operating Officer, Chief Credit Officer...
Total Annual Compensation: $166.8K
Chief Banking Officer, Executive Vice Preside...
Total Annual Compensation: $155.4K
Compensation as of Fiscal Year 2013.

four oaks fincorp inc (FOFN) Key Developments

Four Oaks Fincorp, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Records Net Charge-Offs for the Quarter Ended June 30, 2014

Four Oaks Fincorp Inc. announced earnings results for the second quarter and six months ended June 30, 2014. Net income was $2.4 million for the second quarter compared to net losses of $105,000 a year ago. Net interest income before the provision for loan losses totaled $5.4 million as compared to $5.0 million a year ago. Net income was $3.8 million for the six months ended June 30, 2014 compared to $28,000 a year ago. Net interest income before the provision for loan losses totaled $5.4 million as compared to $10.3 million a year ago. Book value per share increased to $3.08 per share at June 30, 2014 compared to $2.71 per share at December 31, 2013. The company had net charge-offs of $570,000 during the quarter ended June 30, 2014.

Four Oaks Fincorp Inc., Annual General Meeting, Jun 09, 2014

Four Oaks Fincorp Inc., Annual General Meeting, Jun 09, 2014., at 19:00 US Eastern Standard Time. Location: Four Oaks Elementary School. Agenda: To elect board of directors; to ratify the appointment of Cherry Bekaert LLP as independent registered public accounting firm for the fiscal year ending December 31, 2014; to vote, on an advisory (nonbinding) basis, to approve executive compensation; and to transact such other business as may properly come before the meeting or any adjournments thereof.

U.S. Federal Judge Approves Civil Settlement Between Four Oaks Fincorp, Inc. and Four Oaks Bank & Trust Company and the U.S. Department of Justice

U.S. District Court Judge Terrance Boyle signed a consent order late, April 25(th), approving the civil settlement between Four Oaks Fincorp Inc., the holding company for Four Oaks Bank & Trust Company and the United States Department of Justice regarding the Bank's contracts with third-party payment processors. The Bank has agreed to pay a $1.2 million civil penalty and to abide by certain conditions relating to the provision of banking services for some categories of merchants. The Bank did not admit any facts alleged in the accompanying complaint nor did the Bank admit to any liability. The Company's Board felt that this settlement was in the Bank's best interest in order to avoid a lengthy and protracted legal fight and so that the Bank could continue to focus on its primary business, which is serving its local communities. The Bank is a community-based bank, and its mission is to build a stronger bank by helping its neighbors and customers. In addition, the Company and Bank have cooperated fully with the U.S. Department of Justice.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FOFN:US $1.70 USD 0.00

FOFN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Carolina Bank Holdings Inc $9.89 USD +0.105
Royal Bancshares of Pennsylvania Inc $1.75 USD -0.06
Stewardship Financial Corp $4.67 USD -0.0751
Valley Financial Corp/Roanoke VA $12.16 USD -0.0099
Village Bank and Trust Financial Corp $24.50 USD -0.13
View Industry Companies

Industry Analysis


Industry Average

Valuation FOFN Industry Range
Price/Earnings 4.0x
Price/Sales 0.5x
Price/Book 0.6x
Price/Cash Flow 4.4x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FOUR OAKS FINCORP INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at