Item 8.01           Other Events.

On October 30, 2009, the Corporation issued a press release announcing a cash dividend of 4 cents per share payable on or after December 7, 2009, to shareholders of record on November 30, 2009.  The full text of the press release is set forth in Exhibit 99.1 hereto and is incorporated herein by reference.




Item 9.01           Financial Statements and Exhibits.

(c)       Exhibits.

 

Exhibit No.

Description

99.1

Press Release issued on October 30, 2009

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FOUR OAKS FINCORP, INC.

 

 

By:

/s/ Ayden R. Lee, Jr.

Ayden R. Lee, Jr.

Chairman, President, and

Chief Executive Officer

 

Date:

October 30, 2009

EXHIBIT INDEX

Exhibit No.

Description

99.1

Press Release issued on October 30, 2009