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Company Description (as filed with the SEC)
Jacksonville Bancorp, Inc. (or the “Company”) is a Maryland corporation. On July 14, 2010, Jacksonville Bancorp, Inc. completed its conversion from the mutual holding company structure and the related public offering and is now a stock holding company that is fully owned by the public. As a result of the conversion, the mutual holding company and former mid-tier holding company were merged into Jacksonville Bancorp, Inc. Jacksonville Savings Bank is 100% owned by the Company and the Company is 100% owned by public stockholders. The Company’s only significant asset is our investment in Jacksonville Savings Bank. At December 31, 2012, Jacksonville Bancorp, Inc. had consolidated assets of $321.4 million, total deposits of $258.5 million, and stockholders’ equity of $44.1 million. Jacksonville Savings Bank Jacksonville Savings Bank is an Illinois-chartered savings bank headquartered in Jacksonville, Illinois. ... More ...