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 15, 1999
_____________________________
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)
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 15, 1999
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: 09/15/99 By: /s/ Jerry Chancellor
_______________ ______________________
Jerry Chancellor
President
Exhibit 99
Press Release
Dated
September 15, 1999
PRESS RELEASE
Today's date: September 15, 1999 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 September 15, 1999, declared a cash dividend of $0.125 per
share of common stock of Jacksonville Bancorp, Inc. payable on October 12,
1999, to stockholders of record at close of business on September 30, 1999.
Jacksonville Bancorp, Inc. is the owner of Jacksonville Savings Bank,
SSB that conducts business through six branches throughout East Texas, in
addition to its home office operations in Jacksonville, Texas.
As of June 30, 1999, Jacksonville Bancorp, Inc. had a consolidated
financial statement reflecting assets of $290.3 million, liabilities and
deferred income of $254.9 million and stockholder's equity of $35.4 million.
