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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 11, 1998
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JACKSONVILLE BANCORP, INC.
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TEXAS 0-28070 75-2632781
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(State of Incorporation) (Commission File) (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:
(99) Press Release, dated June 11, 1998
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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: 06/11/98 By: /s/ Jerry Chancellor
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Jerry Chancellor
President
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Exhibit 99
Press Release
Dated
June 11, 1998
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PRESS RELEASE
Today's date: June 11, 1998 Contact: Bill W. Taylor
Release date: Immediately Exec. Vice President, C.F.O.
903-586-9861
JACKSONVILLE BANCORP, INC. ANNOUNCES DECLARATION OF CASH DIVIDEND
(NASDAQ SYMBOL - JXVL)
Jacksonville Bancorp, Inc. announced that its Board of Directors, at their
meeting on June 9, 1998 declared a cash dividend of $0.125 per share of common
stock of Jacksonville Bancorp, Inc. payable on July 10, 1998, to stockholders of
record at close of business on June 30, 1998.
Jacksonville Bancorp, Inc. is the owner of Jacksonville Savings Bank, SSB
(formerly known as Jacksonville Savings and Loan Association), that conducts
business through six branches throughout East Texas, in addition to its home
office operations in Jacksonville, Texas.
As of March 31, 1998, Jacksonville Bancorp, Inc. had a consolidated
financial statement reflecting assets of $237.1 million, liabilities and
deferred income of $202.2 million and stockholder's equity of $34.9 million.
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