UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): June 11, 2012



FOUR OAKS FINCORP, INC.
(Exact name of registrant as specified in its charter)

North Carolina

000-22787

56-2028446

(State or other jurisdiction of
incorporation)

(Commission File
Number)

(I.R.S. Employer
Identification Number)



6114 U.S. 301 South
Four Oaks, North Carolina

27524

(Address of principal executive offices)

(Zip Code)



(919) 963-2177
Registrant’s telephone number, including area code

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 5.07         Submission of Matters to a Vote of Security Holders.

Four Oaks Fincorp, Inc. (the “Company”) held its Annual Meeting of Shareholders on June 11, 2012.  The shareholders considered two proposals, each of which is described in more detail in the Company’s definitive proxy statement dated May 11, 2012.  

Proposal 1:  To elect ten nominees to the Company’s Board of Directors.  The votes were cast as follows:

For   Withheld   Broker Non-Votes
Paula Canaday Bowman 3,843,513 209,366 1,352,610
John W. Bullard 3,810,526 242,353 1,352,610
William J. Edwards 3,816,986 235,893 1,352,610
Warren L. Grimes 3,731,760 321,119 1,352,610
John Harold Lampe, II 3,762,389 290,490 1,352,610
Ayden R. Lee, Jr. 3,833,717 219,162 1,352,610
Percy Y. Lee 3,786,805 266,074 1,352,610
Robert Gary Rabon 3,760,025 292,853 1,352,610
Dr. R. Max Raynor, Jr. 3,842,361 210,518 1,352,610
Michael A. Weeks 3,773,703 279,175 1,352,610

All director nominees were duly elected.

Proposal 2:  To ratify the appointment of Dixon Hughes Goodman LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2012.  The votes were cast as follows:

For   Against   Abstain
5,372,596 25,329 7,563

Proposal 2 was approved.


SIGNATURES

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/ Nancy S. Wise          

Nancy S. Wise

Executive Vice President,

Chief Financial Officer

 

 

Date:

June 15, 2012