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) SEPTEMBER 11, 1996
JACKSONVILLE BANCORP, INC.
TEXAS 33-81015 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)
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Item 5. OTHER EVENTS
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) Exhibits:
(99) Press Release, dated September 11, 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: 9-11-96 By:/s/CHARLES BROADWAY
Charles Broadway,
Chief Executive Officer
EXHIBIT 99
PRESS RELEASE
SEPTEMBER 11, 1996
<PAGE>
PRESS RELEASE
SEPTEMBER 11, 1996
CONTACT - CHARLES BROADWAY, CHIEF EXECUTIVE 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 September 10, 1996, declared a cash dividend of $0.125 per
share of common stock of Jacksonville Bancorp, Inc. payable on October 13,
1996, to stockholders of record at close of business on September 30, 1996.
In announcing the cash dividend, Charles Broadway, Chief Executive
Officer of Jacksonville Bancorp, Inc. reported consolidated net income for
the eleven months ended August 31, 1996 of $1,939,000 .
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.
As of August 31, 1996, Jacksonville Bancorp, Inc. had a consolidated
financial statement reflecting assets of $218,982,656 , liabilities of
$182,928,098 , and stockholder's equity of $36,054,558.
