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) DECEMBER 16, 1996
JACKSONVILLE BANCORP, INC.
TEXAS 0 - 28070 75-2632781
(State of Incorporation) (Commission File No.) (IRS No)
COMMERCE AND NECHES STREET JACKSONVILLE, TEXAS 75766
(Address of Principal Executive Offices) (Zip Code)
(903) 586-9861
(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
(Former Name or Former Address, If Changed Since Last Report)
<PAGE>
Item 5. OTHER EVENTS
On December 16, 1996, Jacksonville Bancorp, Inc. issued the press
release which is included as Exhibit 99 and is incorporated herein.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) Exhibits:
(99) Press Release, dated December 16, 1996
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
JACKSONVILLE BANCORP, INC.
Date: 12-16-96 By: /S/ JERRY CHANCELLOR
Jerry Chancellor
President
Exhibit 99
Press Release
Dated
December 16, 1996
<PAGE>
PRESS RELEASE
DECEMBER 16, 1996
CONTACT - BILL W. TAYLOR, EXEC. VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
FOR RELEASE - IMMEDIATELY
JACKSONVILLE BANCORP, INC. ANNOUNCES DECLARATION OF CASH DIVIDEND
(NASDAQ SYMBOL - JXVL)
Jacksonville Bancorp, Inc. announced that its Board of Directors, at
their meeting on December 10, 1996, declared a cash dividend on $0.125 per
share of common stock of Jacksonville Bancorp, Inc. payable on January 13,
1997, to stockholders of record at close of business on December 31, 1996.
Jacksonville Bancorp, Inc. is the owner of Jacksonville Savings and
Loan Association that conducts business through five branches in addition
to its home office operations in Jacksonville, Texas.
As of September 30, 1996, Jacksonville Bancorp, Inc. had a consolidated
financial statement reflecting assets of $217,856,000, liabilities of
$182,425,000 and stockholder's equity of $35,431,000.
