May 26, 2011

Board issues enforcement actions with Community Financial Shares, Inc, Four Oaks Fincorp, Inc. and Four Oaks Bank & Trust Company, North Texas Bancshares, Inc., and Provident Community Bancshares, Inc.

For immediate release

The Federal Reserve Board on Thursday announced the execution of the following enforcement actions:

Community Financial Shares, Inc. (59 KB PDF), Glen Ellyn, Illinois
Written Agreement dated May 23, 2011

Four Oaks Fincorp, Inc. and Four Oaks Bank & Trust Company (158 KB PDF), both of Four Oaks, North Carolina
Written Agreement dated May 24, 2011

North Texas Bancshares, Inc., Dallas, Texas, and North Texas Bancshare of Delaware, Inc. (81 KB PDF), Wilmington, Delaware
Written Agreement dated May 23, 2011

Provident Community Bancshares, Inc. (55 KB PDF), Rock Hill, South Carolina
Written Agreement dated May 20, 2011

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Last Update: May 26, 2011