FOFN Financials 07/16/2014 10:12:14 Four Oaks Fin

FOFN Financials 07/16/2014 10:12:14
Four Oaks Fincorp, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 37,153 41,773 45,373 54,475
Cost of Revenue 3,482 6,666 8,781 9,954
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 28,697 29,531 28,927 29,666
Non-Recurring Items - - - -
Other 35 7,381 11,440 31,744
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 4,939 (1,805) (3,775) (16,889)
Interest Expense 5,289 5,339 5,315 5,328
Earnings Before Tax (350) (7,144) (9,090) (22,217)
Income Tax - (175) - 6,074
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (350) (6,969) (9,090) (28,291)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (350) (6,969) (9,090) (28,291)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (350) (6,969) (9,090) (28,291)