UNITED STATES
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): December 8, 2015
JACKSONVILLE BANCORP, INC.
(Exact Name of Registrant as Specified in Charter)
| Maryland | 001-34821 | 36-4670835 | ||
| (State or Other Jurisdiction) | (Commission File No.) |
(I.R.S. Employer | ||
| of Incorporation) | Identification No.) | |||
| 1211 West Morton Avenue, Jacksonville, Illinois | 62650 | |||
| (Address of Principal Executive Offices) | (Zip Code) | |||
Registrant's telephone number, including area code: (217) 245-4111
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
CURRENT REPORT ON FORM 8-K
| Item 8.01. | Other Events. |
On December 8, 2015, the Company’s Board of Directors declared a quarterly dividend of $0.08 per share on outstanding common stock of record on December 23, 2015. The quarterly dividend will be payable on January 6, 2016. In addition, the Company’s Board also declared a one-time, special dividend of $1.00 per share on outstanding common stock of record on December 23, 2015. This special dividend will be payable on January 12, 2016. A press release containing this announcement is included as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits |
| (a) | No financial statements of businesses acquired are required. | |
| (b) | No pro forma financial information is required. | |
| (c) | Not applicable. | |
| (d) | Exhibit No. | Description |
| 99.1 | Press Release dated December 8, 2015 | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| JACKSONVILLE BANCORP, INC. | ||
| DATE: December 9, 2015 | By: | /s/ Richard A. Foss |
| Richard A. Foss President and Chief Executive Officer |
EXHIBIT INDEX
| 99.1 | News release dated December 8, 2015 announcing Jacksonville Bancorp, Inc.’s Quarterly and Special Dividends. |
Exhibit 99.1
JACKSONVILLE BANCORP, INC. (JXSB) DECLARES QUARTERLY AND SPECIAL DIVIDENDS
DECEMBER 8, 2015
Jacksonville, Illinois
| Contact: | Andrew F. Applebee | Richard A. Foss |
| Chairman | President-Chief Executive Officer | |
| 217-245-4111 |
Andrew F. Applebee, Chairman of Jacksonville Bancorp, Inc. (the "Bancorp") today announced that the Bancorp has declared a cash dividend of $.08 per share on the Bancorp's common stock for the fiscal quarter ending December 31, 2015. The dividend will be payable to stockholders of record as of December 23, 2015, and will be paid on January 6, 2016.
Mr. Applebee further announced that the Bancorp has also declared a one-time, special dividend of $1.00 per share on the Bancorp’s common stock. This special dividend will be payable to stockholders of record as of December 23, 2015, and will be paid on January 12, 2016.
Jacksonville Bancorp, Inc. is a Maryland chartered stock holding company that owns 100% of Jacksonville Savings Bank. Jacksonville Savings Bank is an Illinois-chartered savings bank headquartered in Jacksonville, Illinois, whose deposits are insured by the Federal Deposit Insurance Corporation.