Four Oaks Fincorp, Inc. Announces 2011 Fourth Quarter and Annual 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 fourth quarter and year ended December 31, 2011. The net loss for the fourth quarter and twelve months ended December 31, 2011 was $3.1 million and $9.1 million, respectively, compared to $22.1 million and $28.3 million for the same periods of 2010, respectively. The provision for loan losses for the twelve months...continued FOFN  mortgage fraud calculator

URL: http://www.investorpoint.com/news/EARNINGS/49972701/