401k Plan data: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN plan

FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 401k Plan overview

Plan Name	FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN
Plan identification number	001

FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

FOUR OAKS BANK AND TRUST COMPANY has sponsored the creation of one or more 401k plans.

Company Name: FOUR OAKS BANK AND TRUST COMPANY

Employer identification number (EIN): 560132010

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01
001 2017-01-01 MATTIE KEENE
001 2016-01-01 WANDA J. BLOW
001 2016-01-01
001 2015-01-01 WANDA J. BLOW
001 2015-01-01 WANDA J. BLOW
001 2015-01-01 WANDA J. BLOW
001 2014-01-01 WANDA J. BLOW
001 2013-01-01 WANDA J. BLOW
001 2012-01-01 WANDA J. BLOW
001 2011-01-01 WANDA J. BLOW
001 2010-01-01 WANDA J. BLOW WANDA J. BLOW 2011-09-12
001 2009-01-01 WANDA J. BLOW WANDA J. BLOW 2010-10-12

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2018-01-01
001	2017-01-01	MATTIE KEENE
001	2016-01-01	WANDA J. BLOW
001	2016-01-01
001	2015-01-01	WANDA J. BLOW
001	2015-01-01	WANDA J. BLOW
001	2015-01-01	WANDA J. BLOW
001	2014-01-01	WANDA J. BLOW
001	2013-01-01	WANDA J. BLOW
001	2012-01-01	WANDA J. BLOW
001	2011-01-01	WANDA J. BLOW
001	2010-01-01	WANDA J. BLOW	WANDA J. BLOW	2011-09-12
001	2009-01-01	WANDA J. BLOW	WANDA J. BLOW	2010-10-12

Plan Statistics for FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN

401k plan membership statisitcs for FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN

Measure Date Value
2018: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 184
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 189
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 137
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 47
Total of all active and inactive participants 2017-01-01 184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 184
Number of participants with account balances 2017-01-01 170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 200
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 158
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 31
Total of all active and inactive participants 2016-01-01 189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 189
Number of participants with account balances 2016-01-01 178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 12
2015: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 192
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 172
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 28
Total of all active and inactive participants 2015-01-01 200
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 200
Number of participants with account balances 2015-01-01 182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 9
2014: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 199
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 160
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 32
Total of all active and inactive participants 2014-01-01 192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 192
Number of participants with account balances 2014-01-01 183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 15
2013: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 213
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 169
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 30
Total of all active and inactive participants 2013-01-01 199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 199
Number of participants with account balances 2013-01-01 182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 15
2012: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 228
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 185
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 28
Total of all active and inactive participants 2012-01-01 213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 213
Number of participants with account balances 2012-01-01 198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 16
2011: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 233
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 181
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 47
Total of all active and inactive participants 2011-01-01 228
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 228
Number of participants with account balances 2011-01-01 206
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 30
2010: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 226
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 208
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 25
Total of all active and inactive participants 2010-01-01 233
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 233
Number of participants with account balances 2010-01-01 198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 11
2009: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 200
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 202
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 24
Total of all active and inactive participants 2009-01-01 226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 226
Number of participants with account balances 2009-01-01 214
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 10

Measure	Date	Value
2018: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	184
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	189
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	137
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	47
Total of all active and inactive participants	2017-01-01	184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	184
Number of participants with account balances	2017-01-01	170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	200
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	158
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	31
Total of all active and inactive participants	2016-01-01	189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	189
Number of participants with account balances	2016-01-01	178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	12
2015: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	192
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	172
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	28
Total of all active and inactive participants	2015-01-01	200
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	200
Number of participants with account balances	2015-01-01	182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	9
2014: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	199
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	160
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	32
Total of all active and inactive participants	2014-01-01	192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	192
Number of participants with account balances	2014-01-01	183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	15
2013: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	213
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	169
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	30
Total of all active and inactive participants	2013-01-01	199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	199
Number of participants with account balances	2013-01-01	182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	15
2012: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	228
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	185
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	28
Total of all active and inactive participants	2012-01-01	213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	213
Number of participants with account balances	2012-01-01	198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	16
2011: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	233
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	181
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	47
Total of all active and inactive participants	2011-01-01	228
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	228
Number of participants with account balances	2011-01-01	206
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	30
2010: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	226
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	208
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	25
Total of all active and inactive participants	2010-01-01	233
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	233
Number of participants with account balances	2010-01-01	198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	11
2009: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	200
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	202
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	24
Total of all active and inactive participants	2009-01-01	226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	226
Number of participants with account balances	2009-01-01	214
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	10

Financial Data on FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN

Measure	Date	Value
2018 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$6,375
Total income from all sources (including contributions)	2018-12-31	$5,703
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$10,976,169
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$10,942,640
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$0
Value of total assets at end of year	2018-12-31	$0
Value of total assets at beginning of year	2018-12-31	$10,976,841
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$33,529
Total interest from all sources	2018-12-31	$2,945
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$178,828
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2018-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$178,828
Administrative expenses professional fees incurred	2018-12-31	$33,529
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$3,217
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$6,375
Other income not declared elsewhere	2018-12-31	$25,061
Total non interest bearing cash at end of year	2018-12-31	$0
Total non interest bearing cash at beginning of year	2018-12-31	$11,570
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-10,970,466
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$10,970,466
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$10,962,054
Interest on participant loans	2018-12-31	$34
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$2,911
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-201,131
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$10,942,640
Did the plan have assets held for investment	2018-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2018-12-31	560817345
2017 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$6,375
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$10,872
Total income from all sources (including contributions)	2017-12-31	$2,865,059
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$2,496,602
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$2,471,091
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$946,261
Value of total assets at end of year	2017-12-31	$10,976,841
Value of total assets at beginning of year	2017-12-31	$10,612,881
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$25,511
Total interest from all sources	2017-12-31	$10,158
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$147,671
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2017-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$147,671
Administrative expenses professional fees incurred	2017-12-31	$25,511
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$602,240
Participant contributions at end of year	2017-12-31	$3,217
Participant contributions at beginning of year	2017-12-31	$291,530
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$26,765
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$6,375
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$10,872
Total non interest bearing cash at end of year	2017-12-31	$11,570
Total non interest bearing cash at beginning of year	2017-12-31	$36,972
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$368,457
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$10,970,466
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$10,602,009
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$10,962,054
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$10,284,379
Interest on participant loans	2017-12-31	$10,158
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,760,969
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$317,256
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$2,471,091
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2017-12-31	560817345
2016 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$10,872
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$9,877
Total income from all sources (including contributions)	2016-12-31	$1,846,872
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$749,868
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$721,787
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,109,905
Value of total assets at end of year	2016-12-31	$10,612,881
Value of total assets at beginning of year	2016-12-31	$9,514,882
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$28,081
Total interest from all sources	2016-12-31	$15,931
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$126,149
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$126,149
Administrative expenses professional fees incurred	2016-12-31	$28,081
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$708,541
Participant contributions at end of year	2016-12-31	$291,530
Participant contributions at beginning of year	2016-12-31	$501,191
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$65,516
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$10,872
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-12-31	$9,877
Total non interest bearing cash at end of year	2016-12-31	$36,972
Total non interest bearing cash at beginning of year	2016-12-31	$57,798
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,097,004
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$10,602,009
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$9,505,005
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$10,284,379
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$8,955,893
Interest on participant loans	2016-12-31	$15,931
Value of interest in master investment trust accounts at beginning of year	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$594,887
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$335,848
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$721,787
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2016-12-31	560817345
2015 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$9,877
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$15,273
Total income from all sources (including contributions)	2015-12-31	$879,876
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$640,306
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$623,608
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$757,508
Value of total assets at end of year	2015-12-31	$9,514,882
Value of total assets at beginning of year	2015-12-31	$9,280,708
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$16,698
Total interest from all sources	2015-12-31	$22,895
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$118,807
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$118,807
Administrative expenses professional fees incurred	2015-12-31	$16,698
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$555,548
Participant contributions at end of year	2015-12-31	$501,191
Participant contributions at beginning of year	2015-12-31	$534,137
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$23,114
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$9,877
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$15,273
Total non interest bearing cash at end of year	2015-12-31	$57,798
Total non interest bearing cash at beginning of year	2015-12-31	$429
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$239,570
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$9,505,005
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$9,265,435
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$8,955,893
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$0
Interest on participant loans	2015-12-31	$22,895
Value of interest in master investment trust accounts at end of year	2015-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2015-12-31	$8,746,142
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-19,334
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$178,846
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$623,608
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2015-12-31	560817345
2014 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$15,273
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$1,232,235
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$1,478,158
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$1,455,182
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$629,367
Value of total assets at end of year	2014-12-31	$9,280,708
Value of total assets at beginning of year	2014-12-31	$9,511,358
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$22,976
Total interest from all sources	2014-12-31	$13,080
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Administrative expenses professional fees incurred	2014-12-31	$22,976
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$438,538
Participant contributions at end of year	2014-12-31	$534,137
Participant contributions at beginning of year	2014-12-31	$0
Participant contributions at end of year	2014-12-31	$0
Participant contributions at beginning of year	2014-12-31	$37,441
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$115,064
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-12-31	$15,273
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-12-31	$0
Total non interest bearing cash at end of year	2014-12-31	$429
Total non interest bearing cash at beginning of year	2014-12-31	$2,029
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$-245,923
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$9,265,435
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$9,511,358
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Interest on participant loans	2014-12-31	$13,080
Value of interest in master investment trust accounts at end of year	2014-12-31	$8,746,142
Value of interest in master investment trust accounts at beginning of year	2014-12-31	$9,471,888
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$75,765
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$1,455,182
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Unqualified
Accountancy firm name	2014-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2014-12-31	560817345
2013 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$9,651
Total income from all sources (including contributions)	2013-12-31	$2,258,447
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$561,148
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$539,454
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$649,419
Value of total assets at end of year	2013-12-31	$9,511,358
Value of total assets at beginning of year	2013-12-31	$7,823,710
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$21,694
Total interest from all sources	2013-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Administrative expenses professional fees incurred	2013-12-31	$21,694
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$449,450
Participant contributions at end of year	2013-12-31	$37,441
Participant contributions at beginning of year	2013-12-31	$36,451
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$122,890
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$9,651
Total non interest bearing cash at end of year	2013-12-31	$2,029
Total non interest bearing cash at beginning of year	2013-12-31	$472
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$1,697,299
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$9,511,358
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$7,814,059
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in master investment trust accounts at end of year	2013-12-31	$9,471,888
Value of interest in master investment trust accounts at beginning of year	2013-12-31	$7,779,586
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$77,079
Employer contributions (assets) at beginning of year	2013-12-31	$7,201
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$539,454
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2013-12-31	560817345
2012 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$9,651
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$1,360,730
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$324,232
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$302,897
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$564,167
Value of total assets at end of year	2012-12-31	$7,823,710
Value of total assets at beginning of year	2012-12-31	$6,777,561
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$21,335
Total interest from all sources	2012-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Administrative expenses professional fees incurred	2012-12-31	$21,335
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$8,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$435,815
Participant contributions at end of year	2012-12-31	$36,451
Participant contributions at beginning of year	2012-12-31	$35,375
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$37,870
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$9,651
Total non interest bearing cash at end of year	2012-12-31	$472
Total non interest bearing cash at beginning of year	2012-12-31	$3,314
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$1,036,498
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$7,814,059
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$6,777,561
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in master investment trust accounts at end of year	2012-12-31	$7,779,586
Value of interest in master investment trust accounts at beginning of year	2012-12-31	$6,731,947
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$90,482
Employer contributions (assets) at end of year	2012-12-31	$7,201
Employer contributions (assets) at beginning of year	2012-12-31	$6,925
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$302,897
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2012-12-31	560817345
2011 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$561,249
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$252,030
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$215,263
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$550,719
Value of total assets at end of year	2011-12-31	$6,777,561
Value of total assets at beginning of year	2011-12-31	$6,468,342
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$36,767
Total interest from all sources	2011-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Administrative expenses professional fees incurred	2011-12-31	$36,767
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$456,297
Participant contributions at end of year	2011-12-31	$35,375
Participant contributions at beginning of year	2011-12-31	$0
Total non interest bearing cash at end of year	2011-12-31	$3,314
Total non interest bearing cash at beginning of year	2011-12-31	$5,279
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$309,219
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$6,777,561
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$6,468,342
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in master investment trust accounts at end of year	2011-12-31	$6,731,947
Value of interest in master investment trust accounts at beginning of year	2011-12-31	$6,463,063
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$94,422
Employer contributions (assets) at end of year	2011-12-31	$6,925
Employer contributions (assets) at beginning of year	2011-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$215,263
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2011-12-31	560817345
2010 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,179,359
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$243,767
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$213,112
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$561,284
Value of total assets at end of year	2010-12-31	$6,468,342
Value of total assets at beginning of year	2010-12-31	$5,532,750
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$30,655
Total interest from all sources	2010-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Administrative expenses professional fees incurred	2010-12-31	$30,655
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$461,437
Participant contributions at beginning of year	2010-12-31	$36,240
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$2,650
Total non interest bearing cash at end of year	2010-12-31	$5,279
Total non interest bearing cash at beginning of year	2010-12-31	$12,227
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$935,592
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$6,468,342
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$5,532,750
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in master investment trust accounts at end of year	2010-12-31	$6,463,063
Value of interest in master investment trust accounts at beginning of year	2010-12-31	$5,476,505
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$97,197
Employer contributions (assets) at beginning of year	2010-12-31	$7,778
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$213,112
Did the plan have assets held for investment	2010-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	TURLINGTON & COMPANY, LLP
Accountancy firm EIN	2010-12-31	560817345
2009 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN

2018: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	Yes
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	Yes
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FOUR OAKS BANK AND TRUST COMPANY
Employer identification number (EIN):	560132010
NAIC Classification:	522110
NAIC Description:	Commercial Banking