<PAGE 1>
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) October 15, 1997
JACKSONVILLE BANCORP, INC.
TEXAS 0-28070 75-2632781
(State of Incorporation) (Commission File) (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 2>
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 October 15, 1997
<PAGE 3>
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: 10/15/97 By: /s/ Jerry Chancellor
Jerry Chancellor
President
<PAGE 1>
Exhibit 99
Press Release
Dated
October 15 , 1997
<PAGE 2>
PRESS RELEASE
Today's Date: October 15, 1997 For Information Contact:
Release Date: Immediately Bill W. Taylor,
Executive Vice President
Chief Financial Officer
903-586-9861
JACKSONVILLE BANCORP, INC.
Jacksonville, Texas, October 15 ,1997. Jacksonville Bancorp, Inc. (NASDAQ:
JXVL) the holding company of Jacksonville Savings Bank, SSB, (F/K/A
Jacksonville Savings and Loan Association) of Jacksonville, Texas announced
today that Jacksonville Savings Bank, SSB, had received approval from the
Texas Savings and Loan Department and from the Federal Deposit Insurance
Corporation of its application for a second branch location in Longview,
Texas.
According to Jerry Chancellor, President and C.E.O., this will be the first
in-store branch for Jacksonville and it is to be located in the Wal-Mart
Supercenter located at 515 East Loop 281 in Longview.
Mr. Chancellor said, "We look forward to providing the people of Gregg
County an additional facility where we can provide more convenient banking
and extended hours.
Jacksonville Savings Bank, SSB currently conducts business in Tyler,
Longview, Rusk, Palestine, Athens in addition to its home office in
Jacksonville, Texas.
