JACKSONVILLE BANCORP, INC. (NASDAQ:JXSB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
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(a) |
Financial statements of businesses acquired. Not Applicable. |
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(b) |
Pro forma financial information. Not Applicable. |
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(c) |
Shell company transactions: Not Applicable. |
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(d) |
Exhibits. |
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Exhibit Number |
Description |
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Exhibit 10.1 |
Change in Control Agreement between Jacksonville Savings Bank and Chris A. Royal dated August 16, 2017 |
Jacksonville Bancorp, Inc. ExhibitEX-10.1 2 ex10-1_8k081617.htm CHANGE IN CONTROL AGREEMENT BETWEEN JACKSONVILLE SAVINGS BANK AND CHRIS A. ROYAL DATED AUGUST 16,…To view the full exhibit click here
About JACKSONVILLE BANCORP, INC. (NASDAQ:JXSB)
Jacksonville Bancorp, Inc. is the bank holding company for Jacksonville Savings Bank (the Bank). The Bank is an Illinois-chartered savings bank. The Bank is engaged in the business of attracting retail deposits from the general public in its market area and using such funds, together with borrowings and funds from other sources, to originate mortgage loans secured by one- to four-family residential real estate, commercial and agricultural real estate, and home equity loans. The Bank also originates commercial and agricultural business loans, and consumer loans. It invests in the United States Government agency securities, bank-qualified, general obligation municipal issues and mortgage-backed securities issued or guaranteed by the United States Government or enterprises. Its principal sources of funds are customer deposits, proceeds from the sale of loans, short-term borrowings, funds received from the repayment and prepayment of loans and mortgage-backed securities.
