Item 8.01 Other Events.

On December 18, 2008, Oak Ridge Financial Services, Inc. ("Oak Ridge") was verbally advised by the U.S. Department of Treasury (the "Department") that Oak Ridge had received preliminary approval to participate in the Department's TARP Capital Purchase Program (the "Program"), a voluntary program available to healthy financial institutions. Oak Ridge had filed a Program application with the Department for the sale by Oak Ridge and purchase by the Department of up to approximately $7.7 million of Oak Ridge's senior preferred stock (which represents the full maximum equity investment of 3% of risk weighted assets), plus warrants to purchase Oak Ridge common shares with an aggregate market price equal to 15% of the senior preferred investment. Oak Ridge intends to participate in the Program subject to (i) the terms of Oak Ridge's application and (ii) satisfaction of all closing conditions. Oak Ridge expects the closing to occur within 30 days.

Item 9.01 Financial Statements and Exhibits.

Exhibit Number Description 99.1 Press release, dated January 6, 2008, of the Company

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