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Tuesday, November 1, 2011

Four Oaks Fincorp, Inc. Announces 2011 Third Quarter Results

Four Oaks Fincorp, Inc. (OTCBB:FOFN) (the "Company"), the holding company for Four Oaks Bank & Trust Company (the "Bank"), today announced the results for the third quarter ended September 30, 2011. The net loss for the third quarter and nine months ended September 30, 2011 was $3.6 million and $6.0 million, respectively, compared to $6.6 million and $6.2 million for the same periods of 2010, respectively. The provision for loan losses for the nine months ended September 3...continued
     

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