Four Oaks Bank & Trust (fka FOFN)

[56Chevy]

Balance Sheet and Capital:

Total assets of $828.9 million at June 30, 2013 declined 4.23% from $865.5 million at December 31, 2012. Net cash, cash equivalents, and investments of $301.2 million at June 30, 2013 decreased 0.81% compared to $303.7 million at December 31, 2012. Gross loans of $489.2 million at June 30, 2013 decreased 1.7% from $497.9 million at December 31, 2012. Total deposits of $657.5 million at June 30, 2013 decreased 6.1% from $699.9 million at December 31, 2012. Total shareholders' equity was $22.3 million at June 30, 2013, a decrease of 1.8%from $22.7 million at December 31, 2012. Book value per share at June 30, 2013 was $2.80 as compared to $2.90 at December 31, 2012.

http://ih.advfn.com/p.php?pid=nmona&article=58900143

*MV as of 9/10/2013 was $1.35