Exhibit 99
Press Release
Dated
June 14, 2000
PRESS RELEASE
Today's date: June 14, 2000 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 13, 2000, declared a cash dividend of $0.125 per share
of common stock of Jacksonville Bancorp, Inc. payable on July 14, 2000, to
stockholders of record at close of business on June 30, 2000.
Jacksonville Bancorp, Inc. is the owner of Jacksonville Savings Bank,
SSB that conducts business through seven branches throughout East Texas, in
addition to its home office operations in Jacksonville, Texas.
As of March 30, 2000, Jacksonville Bancorp, Inc. had a consolidated
financial statement reflecting assets of $291.3 million, liabilities and
deferred income of $258.3 million and stockholder's equity of $33.0 million.
