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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) June 12, 1996
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JACKSONVILLE BANCORP, INC.
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TEXAS 33-81015 75-2632781
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(STATE OF INCORPORATION) (COMMISSION FILE NO.) (IRS NO)
COMMERCE AND NECHES STREET JACKSONVILLE, TEXAS 75766
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(903) 586-9861
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(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
NOT APPLICABLE
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(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:
Exhibit 99 Press Release, dated June 12, 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: 6-12-96 By: Charles Broadway
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Charles Broadway, President
and Chief Executive Officer
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EXHIBIT 99
PRESS RELEASE
JUNE 12, 1996
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PRESS RELEASE
JUNE 12, 1996
CONTACT - CHARLES BROADWAY, PRESIDENT
FOR RELEASE - IMMEDIATELY
JACKSONVILLE BANCORP, INC. ANNOUNCES DECLARATION OF CASH DIVIDEND (NASDAQ
SYMBOL - JXVL)
Jacksonville Bancorp, Inc. announced today that its Board of
Directors, at their meeting on June 11, 1996, declared a cash dividend of
$0.125 per share of common stock of Jacksonville Bancorp payable on July 10,
1996, to stockholders of record at close of business on June 28, 1996.
In announcing the cash dividend, Charles Broadway, President of
Jacksonville Bancorp reported consolidated net income for the eight months
ended May 31, 1996 of $1,288,000.
Jacksonville Bancorp, Inc. is the owner of Jacksonville Savings and
Loan Association that conducts business through five branch offices and one
loan origination office in addition to its home office operations.
For the eight months ended May 31, 1996, Jacksonville Bancorp, Inc.,
had a consolidated financial statement reflecting assets of $214,250,790,
liabilities of $178,028,055 and stockholder's equity of $35,850,408.
