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Latest Jacksonville Bancorp (JAXB) Headlines

Nasdaq stocks posting largest volume decreases
AP - Wed Feb 19, 5:13PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:

Nasdaq stocks posting largest percentage decreases
AP - Tue Feb 18, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:

Jacksonville Bancorp, Inc. (JXSB) Declares Dividend
PR Newswire - Tue Dec 10, 3:20PM CST
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, 2013. The dividend will be payable to stockholders of record as of December 20, 2013, and will be paid on January 3, 2014.

Jacksonville Bancorp, Inc. Announces Organizational Changes
PR Newswire - Tue Dec 10, 9:38AM CST
Jacksonville Bancorp, Inc. (the "Company") (NASDAQ: JAXB), holding company for The Jacksonville Bank (the "Bank"), announced today that Kendall L. Spencer was appointed as President and Chief Executive Officer of the Company. Mr. Spencer was also appointed as a director of the Company and, subject to regulatory approval, will serve as the Chief Executive Officer and a director of the Bank.

Jacksonville Bancorp Announces 2013 Third Quarter Earnings
PR Newswire - Fri Nov 08, 1:30PM CST
Jacksonville Bancorp, Inc. (the "Company") (NASDAQ: JAXB), holding company for The Jacksonville Bank (the "Bank"), announced today net income of $147 thousand for the three months ended September 30, 2013, compared to a net loss of $10.7 million for the three months ended September 30, 2012. For the nine months ended September 30, 2013, the Company recorded net income of $375 thousand, compared to a net loss of $21.2 million for the nine months ended September 30, 2012. Book value and tangible book value per common share as of September 30, 2013 were $6.06 and $5.89, respectively.

Jacksonville Bancorp, Inc. Announces Reverse Stock Split Effective October 24, 2013
PR Newswire - Wed Oct 23, 11:30AM CDT
Jacksonville Bancorp, Inc. (the "Company") (NASDAQ: JAXB), holding company for The Jacksonville Bank, today announced that it has filed an amendment to its Articles of Incorporation with the Florida Secretary of State to effect a 1-for-20 reverse stock split of its common stock and nonvoting common stock, effective as of 12:01 a.m. Eastern time on October 24, 2013. The Company's shareholders had authorized the Board of Directors to approve a reverse stock split at the special meeting of shareholders in February 2013, and as previously announced, the Board approved the reverse split at a ratio of 1-for-20 on October 8, 2013.

Jacksonville Bancorp, Inc. Board Approves Reverse Stock Split
PR Newswire - Tue Oct 08, 3:50PM CDT
Jacksonville Bancorp, Inc. (the "Company") (NASDAQ: JAXB), holding company for The Jacksonville Bank, announced today that its Board of Directors (the "Board") has approved a 1-for-20 reverse stock split of its common stock and nonvoting common stock. The Company anticipates that the reverse stock split will be effective on or about October 24, 2013. The Company's shareholders had authorized the Board to approve a reverse stock split at a ratio of up to 1-for-20 at the special meeting of shareholders in February.

Jacksonville Bancorp, Inc. Raises $5 Million In Stock Offerings
PR Newswire - Mon Oct 07, 8:30AM CDT
Jacksonville Bancorp, Inc. (the "Company") (NASDAQ: JAXB), holding company for The Jacksonville Bank, announced that it has completed the sale of $5 million in common stock, or 10 million shares. The capital was raised through the sale of common stock to participating shareholders in the Company's previously announced rights offering ("Rights Offering") and to purchasers in its public offering ("Public Offering") of the shares unsubscribed for in the Rights Offering. The Public Offering was fully subscribed with 7,917,383 shares of common stock sold to institutional and local investors through Hovde Group, LLC, the Company's sales agent for the Public Offering.

Jacksonville Bancorp, Inc. Announces Record Date For Rights Offering
PR Newswire - Fri Aug 09, 3:00PM CDT
As previously announced, Jacksonville Bancorp, Inc. (the "Company") (NASDAQ: JAXB), holding company for The Jacksonville Bank, intends to conduct a rights offering to existing shareholders for the purchase of up to 10 million shares of its common stock. A record date of August 20, 2013 has been set for the planned rights offering.

Jacksonville Bancorp Announces 2013 Second Quarter Earnings
PR Newswire - Fri Aug 09, 2:15PM CDT
Jacksonville Bancorp, Inc. (the "Company") (NASDAQ: JAXB), holding company for The Jacksonville Bank (the "Bank"), announced today net income of $29 thousand for the three months ended June 30, 2013, compared to net loss of $11.8 million for the three months ended June 30, 2012. For the six months ended June 30, 2013, the Company recorded net income of $228 thousand, compared to $10.5 million of net loss for the same period in the prior year. Book value and tangible book value per common share as of June 30, 2013 were $0.30 and $0.29, respectively.

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