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Thursday, December 17, 2009, 7:46PM ET - U.S. Markets Closed. Dow Down 1.27% Nasdaq Down 1.22%
Four Oaks Fincorp Inc. (FOFN.OB)At 12:21PM ET: 5.50  Up 0.10 (1.85%)  
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Four Oaks Fincorp Inc.
6114 US 301 South
Four Oaks, NC 27524
United States - Map
Phone: 919-963-2177
Web Site: http://www.fouroaksbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Southeast Banks
Full Time Employees:208

BUSINESS SUMMARY 
Four Oaks Fincorp, Inc. operates as the holding company for Four Oaks Bank and Trust Company that provides various general commercial banking products and services in eastern and central North Carolina. The company offers various banking products, including checking accounts, saving accounts, individual retirement accounts, NOW accounts, money market accounts, certificates of deposits, and student checking and savings programs. It also provides loans for businesses, agriculture, real estate, personal uses, home improvement, and automobiles, as well as mortgage loans and equity lines of credit. In addition, the company offers credit cards; safe deposit boxes; electronic funds transfer services, such as wire transfers; automated teller machine services; Internet banking and bill pay services; telephone banking; gift cards; cashierÂ’s checks; travelerÂ’s check cards; and notary services. Further, it provides a line of insurance and investment services comprising financial strategies, mutual funds, annuities, insurance, stock brokerage, IRA's, discount brokerage services, employee benefit plans, and simplified employee pension plans. As of July 29, 2009, it operated through 17 locations in Four Oaks, Clayton, Smithfield, Garner, Benson, Fuquay-Varina, Wallace, Holly Springs, Harrells, Sanford, Zebulon, Dunn, Rockingham, and Southern Pines, North Carolina. The company was founded in 1997 and is headquartered in Four Oaks, North Carolina.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Ayden R. Lee Jr., 60
    Exec. Chairman, Chief Exec. Officer, Pres, Chairman of Four Oaks Bank & Trust, Chief Exec. Officer of Four Oaks Bank & Trust and Pres of Four Oaks Bank & Trust
    $ 312.00K $ 54.00K
    Ms. Nancy S. Wise , 53
    Chief Financial Officer, Exec. VP, Chief Financial Officer of Four Oaks Bank & Trust Company and Exec. VP of Four Oaks Bank & Trust Company
    $ 168.00K $ 0
    Mr. Clifton L. Painter , 59
    Chief Operating Officer, Chief Credit Officer, Sr. Exec. VP, Chief Operating Officer of Four Oaks Bank & Trust Company and Sr. Exec. VP of Four Oaks Bank & Trust Company
    $ 188.00K $ 28.00K
    Mr. W. Leon Hiatt III, 41
    Chief Admin. Officer, Exec. VP, Chief Admin. Officer of Four Oaks Bnak & Trust Company and Exec. VP of Four Oaks Bank & Trust Company
    $ 167.00K $ 26.00K
    Mr. Jeff D. Pope , 52
    Chief Banking Officer, Exec. VP, Chief Banking Officer of Four Oaks Bank & Trust Company and Exec. VP of Four Oaks Bank & Trust Company
    $ 172.00K $ 20.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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