U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB
(Mark One)

 X   Quarterly  report under Section 13 or 15(d) of the Securities  Exchange Act
     of 1934

     For the quarterly period ended June 30, 1999

     Transition report under Section 13 or 15(d) of the Exchange Act

For the transition period from ______________ to  ______________

Commission file number 001-14853


                           JACKSONVILLE BANCORP, INC.
        (Exact Name of Small Business Issuer as Specified in Its Charter)

        Florida                                     59-3472981
---------------------------------               -------------------
(State or Other Jurisdiction                     (I.R.S. Employer
of Incorporation or Organization)               Identification No.)

                            10325 San Jose Boulevard
                           Jacksonville, Florida 32257
                    ----------------------------------------
                    (Address of Principal Executive Offices)

                                 (904) 288-0793
                ------------------------------------------------
                (Issuer's Telephone Number, Including Area Code)


         ---------------------------------------------------------------
         (Former Name, Former Address and Former Fiscal Year, if Changed
                               Since Last Report)

Check whether the issuer:  (1) filed all reports required to be filed by Section
12, 13 or 15(d) of the  Exchange  Act  during  the past 12  months  (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing  requirements  for the past 90 days (The Company
has been subject to filing requirements since May 18, 1999).

YES        NO  X

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:


Common stock, par value $.01 per share               905,716
--------------------------------------    --------------------------------------
             (class)                         Outstanding at June 30, 1999




<PAGE>

                           JACKSONVILLE BANCORP, INC.

                                      INDEX
<TABLE>
<CAPTION>
PART I. FINANCIAL INFORMATION

<S>                                                                                    <C>
Item 1. Financial Statements                                                              Page

Condensed Consolidated Balance Sheets (Unaudited) -
     At June 30, 1999 and At December 31, 1998......................................       2

Condensed Consolidated Statements of Operations (Unaudited) -
     Three and Six Months ended June 30, 1999 and 1998..............................       3

Condensed Consolidated Statement of Stockholders' Equity (Deficit) (Unaudited) -
     Six Months ended June 30, 1999.................................................       4

Condensed Consolidated Statements of Cash Flows (Unaudited) -
     Six Months ended June 30, 1999 and 1998........................................       5

Notes to Condensed Consolidated Financial Statements (Unaudited)....................     6-8

Item 2. Management's Discussion and Analysis of Financial Condition
     and Results of Operations......................................................    9-10

PART II. OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K...........................................      11

SIGNATURES..........................................................................      12
</TABLE>

                                       1

<PAGE>

<TABLE>
<CAPTION>

                           JACKSONVILLE BANCORP, INC.

                          PART I. FINANCIAL INFORMATION

                          Item 1. Financial Statements

                      Condensed Consolidated Balance Sheets
                                  (Unaudited)

                                                                June 30,       December 31,
                                                                --------       ------------
Assets                                                            1999             1998
<S>                                                          <C>                  <C>
Cash and due from banks ..................................   $   428,423          8,600
Interest bearing deposits ................................       316,140         20,586
Federal funds sold .......................................     5,016,000           --
                                                             -----------      ---------

Cash and cash equivalents ................................     5,760,563         29,186

Securities available for sale ............................     1,500,000           --
Loans ....................................................       208,912           --
Premises and equipment, net ..............................     1,645,311      1,334,288
Deferred tax asset .......................................       403,349        172,494
Accrued interest receivable and other assets .............        83,128         95,293
                                                             -----------      ---------

Total assets .............................................   $ 9,601,263      1,631,261
                                                             ===========      =========

Liabilities and Stockholders' Equity (Deficit)

Liabilities:
Demand deposits ..........................................       332,482           --
Savings and NOW deposits .................................       411,579           --
Money-market deposits ....................................       449,773           --
Time deposits ............................................       296,022           --
                                                             -----------      ---------

Total deposits ...........................................     1,489,856           --

Borrowings ...............................................          --        1,615,000
Official checks ..........................................        92,201           --
Accrued interest payable and other liabilities ...........        54,928        341,343
                                                             -----------      ---------

Total liabilities ........................................     1,636,985      1,956,343
                                                             -----------      ---------

Stockholders' equity (deficit):
Preferred stock, $.01 value; 2,000,000 shares authorized,
none issued or outstanding ...............................          --             --
Common stock, $.01 par value; 8,000,000 shares authorized,
905,716 shares issued and outstanding ....................         9,057           --
Additional paid-in capital ...............................     8,653,410           --
Accumulated deficit ......................................      (698,189)      (325,082)
                                                             -----------      ---------

Total stockholders' equity (deficit) .....................     7,964,278       (325,082)
                                                             -----------      ---------

Total liabilities and stockholders' equity (deficit) .....   $ 9,601,263      1,631,261
                                                             ===========      =========
</TABLE>


See Accompanying Notes to Condensed Consolidated Financial Statements.

                                       2

<PAGE>

                           JACKSONVILLE BANCORP, INC.

                 Condensed Consolidated Statements of Operations
                                  (Unaudited)

<TABLE>
<CAPTION>

                                                    Three Months Ended         Six Months Ended
                                                          June 30,                  June 30,
                                                    ------------------         ----------------
                                                     1999         1998         1999         1998
                                                     ----         ----         ----         ----
<S>                                             <C>            <C>         <C>          <C>
Interest income:
Loans .......................................   $   1,563         --          1,563         --
Securities ..................................       1,700         --          1,700         --
Other interest-earning assets ...............      73,937          345       74,108        1,225
                                                ---------      -------     --------     --------

Total interest income .......................      77,200          345       77,371        1,225
                                                ---------      -------     --------     --------

Interest expense:
Deposits ....................................       1,702         --          1,702         --
Other borrowings ............................      25,074        6,565       44,876       10,532
                                                ---------      -------     --------     --------

Total interest expense ......................      26,776        6,565       46,578       10,532
                                                ---------      -------     --------     --------

Net interest income (expense) ...............      50,424       (6,220)      30,793       (9,307)
                                                ---------      -------     --------     --------

Noninterest income-
Other fees and service charges ..............      22,804         --         22,804         --
                                                ---------      -------     --------     --------

Noninterest expense:
Salaries and employee benefits ..............     216,658       54,854      375,954      100,332
Occupancy expense ...........................      36,828        3,833       48,748        6,458
Professional fees ...........................     105,008       15,140      159,810       18,640
Data processing .............................      10,376         --         10,376         --
Travel and entertainment ....................       7,534        3,854       13,621        9,595
Printing and office supplies ................       4,090        1,702        6,453        2,456
Telephone expense ...........................       8,175          701       11,626        1,278
Application fees ............................         788       10,000          788       25,159
Other .......................................      19,220        3,933       30,183        4,381
                                                ---------      -------     --------     --------

Total noninterest expense ...................     408,677       94,017      657,559      168,299
                                                ---------      -------     --------     --------

Loss before income tax benefit ..............    (335,449)    (100,237)    (603,962)    (177,606)

Income tax benefit ..........................    (130,163)     (37,589)    (230,855)     (66,602)
                                                ---------      -------     --------     --------

Net loss ....................................   $(205,286)     (62,648)    (373,107)    (111,004)
                                                =========      =======     ========     ========

Loss per share, basic .......................   $    (.48)        --          (1.69)        --
                                                =========      =======     ========     ========

Weighted-average number of shares outstanding
for basic ...................................     430,545         --        220,154         --
                                                =========      =======     ========     ========
</TABLE>


     See Accompanying Notes to Condensed Consolidated Financial Statements.

                                       3

<PAGE>

                           JACKSONVILLE BANCORP, INC.

       Condensed Consolidated Statement of Stockholders' Equity (Deficit)

                         Six Months Ended June 30, 1999
                                  (Unaudited)
<TABLE>
<CAPTION>

                                                                                                    Total
                                                                        Additional               Stockholders'
                                               Preferred     Common      Paid-In    Accumulated     Equity
                                                 Stock        Stock      Capital       Deficit     (Deficit)
                                                 -----        -----      -------       -------     ---------

<S>                                            <C>             <C>      <C>           <C>          <C>
Balance at December 31, 1998 ...............   $   --           --           --       (325,082)     (325,082)

Issuance of common stock (905,716
        shares), net of stock issuance costs
        of $394,693 ........................       --          9,057    8,653,410         --       8,662,467

Net loss for the six months ended June
        30, 1999 ...........................       --           --           --       (373,107)     (373,107)
                                               -------         -----    ---------     --------     ---------

Balance at June 30, 1999 ...................   $   --          9,057    8,653,410     (698,189)    7,964,278
                                               =======         =====    =========     ========     =========

</TABLE>





























     See Accompanying Notes to Condensed Consolidated Financial Statements.

                                       4


<PAGE>

                           JACKSONVILLE BANCORP, INC.

                 Condensed Consolidated Statements of Cash Flows
                                  (Unaudited)
<TABLE>
<CAPTION>

                                                                  Six Months Ended
                                                                       June 30,
                                                                  ----------------
                                                                  1999          1998
                                                                  ----          ----
<S>                                                         <C>               <C>
Cash flows from operating activities:
Net loss ................................................   $  (373,107)      (111,004)
Adjustments to reconcile net loss to net cash
  used in operating activities:
Depreciation ............................................         9,735           --
Credit for deferred income taxes ........................      (230,855)       (66,602)
Decrease (increase) in accrued interest receivable and
        other assets ....................................        12,165        (74,390)
(Decrease) increase in accrued interest payable and other
        liabilities .....................................      (286,415)         9,828
                                                            -----------       --------

Net cash used in operating activities ...................      (868,477)      (242,168)
                                                            -----------       --------

Cash flows from investing activities:
Purchase of securities available for sale ...............    (1,500,000)          --
Net increase in loans ...................................      (208,912)          --
Net purchases of premises and equipment .................      (320,758)      (633,709)
                                                            -----------       --------

Net cash used in investing activities ...................    (2,029,670)      (633,709)
                                                            -----------       --------

Cash flows from financing activities:
Net increase in noninterest-bearing demand,
savings, NOW and money-market deposits ..................     1,193,834           --
Net increase in time deposits ...........................       296,022           --
Net increase in official checks .........................        92,201           --
Net (decrease) increase in borrowings ...................    (1,615,000)       800,000
Net proceeds from issuance of common stock ..............     8,662,467           --
                                                            -----------       --------

Net cash provided by financing activities ...............     8,629,524        800,000
                                                            -----------       --------

Net increase (decrease) in cash and cash equivalents ....     5,731,377        (75,877)

Cash and cash equivalents at beginning of period ........        29,186        114,533
                                                            -----------       --------

Cash and cash equivalents at end of period ..............   $ 5,760,563         38,656
                                                            ===========         ======

Supplemental disclosure of cash flow information-
Cash paid during the period for:
Interest ................................................   $    70,085            704
                                                            ===========         ======

Income taxes ............................................   $      --             --
                                                            ===========         ======
</TABLE>





     See Accompanying Notes to Condensed Consolidated Financial Statements.

                                       5


<PAGE>

                           JACKSONVILLE BANCORP, INC.

        Notes to Condensed Consolidated Financial Statements (Unaudited)


(1)     Description of Business and Summary of Significant Accounting Policies

        General.   Jacksonville   Bancorp,  Inc.  (the  "Holding  Company")  was
            incorporated  on October 24, 1997. The Holding  company owns 100% of
            the outstanding  common stock of The Jacksonville  Bank (the "Bank")
            (collectively,  the "Company").  The Holding Company's only business
            is the ownership  and  operation of the Bank.  The Bank is a Florida
            state-chartered  commercial  bank  and is  insured  by  the  Federal
            Deposit Insurance  Corporation.  The Bank opened for business on May
            28, 1999 and provides  community  banking services to businesses and
            individuals in Jacksonville, Florida. The Company?s fiscal year ends
            December 31.

            In the opinion of the  management of the Company,  the  accompanying
            condensed  consolidated financial statements contain all adjustments
            (consisting  principally of normal recurring  accruals) necessary to
            present fairly the financial  position at June 30, 1999, the results
            of operations  for the three- and  six-month  periods ended June 30,
            1999 and 1998 and cash flows for the  six-month  periods  ended June
            30, 1999 and 1998.  The results of operations  for the three and six
            months  ended June 30, 1999 are not  necessarily  indicative  of the
            results to be expected for the year ending December 31, 1999.

        Basis of Presentation. The accompanying condensed consolidated financial
            statements  of the  Company  include  the  accounts  of the  Holding
            Company and the Bank.  All  significant  intercompany  accounts  and
            transactions have been eliminated in  consolidation.  The accounting
            and reporting practices of the Company conform to generally accepted
            accounting  principles and to general  practices  within the banking
            industry.

        Estimates.  The  preparation of financial  statements in conformity with
            generally accepted accounting principles requires management to make
            estimates and assumptions that affect the reported amounts of assets
            and liabilities and disclosure of contingent  assets and liabilities
            at the date of the financial  statements and the reported amounts of
            revenues and expenses  during the reporting  period.  Actual results
            could differ from those estimates.

        Securities.  Securities  may be  classified as either  trading,  held to
            maturity  or  available  for  sale.   Trading  securities  are  held
            principally for resale and recorded at their fair values. Unrealized
            gains and losses on trading  securities are included  immediately in
            earnings.  Held-to-maturity  securities  are those which the Company
            has the  positive  intent and  ability to hold to  maturity  and are
            reported at amortized cost. Available-for-sale securities consist of
            securities   not   classified   as   trading   securities   nor   as
            held-to-maturity  securities.  Unrealized  holding gains and losses,
            net of tax, on  available-for-sale  securities are reported as a net
            amount  in  a  separate  component  of  stockholders'  equity  until
            realized.  Gains  and  losses  on  the  sale  of  available-for-sale
            securities are determined using the specific-identification  method.
            Premiums  and  discounts  on  securities   available  for  sale  are
            recognized  in interest  income using the  interest  method over the
            period to maturity.

                                                                     (continued)

                                       6


<PAGE>

                           JACKSONVILLE BANCORP, INC.

   Notes to Condensed Consolidated Financial Statements (Unaudited), Continued


(1)     Description of Business and Summary of Significant Accounting Policies,
        Continued
        Loans Receivable.  Loans  receivable  that management has the intent and
            ability  to hold for the  foreseeable  future or until  maturity  or
            pay-off are reported at their outstanding principal adjusted for any
            charge-offs, the allowance for loan losses, and any deferred fees or
            costs on originated loans.

            Loan  origination  fees and  certain  direct  origination  costs are
            capitalized  and  recognized  as an  adjustment  of the yield of the
            related loan.

            The accrual of interest on impaired loans is  discontinued  when, in
            management's opinion, the borrower may be unable to meet payments as
            they become due. When interest accrual is  discontinued,  all unpaid
            accrued  interest  is  reversed.  Interest  income  is  subsequently
            recognized only to the extent cash payments are received.

            The  allowance for loan losses is increased by charges to income and
            decreased by charge-offs (net of recoveries).  Management's periodic
            evaluation  of  the  adequacy  of  the  allowance  is  based  on the
            Company's past loan loss experience, known and inherent risks in the
            portfolio, adverse situations that may affect the borrower's ability
            to repay,  the estimated  value of any  underlying  collateral,  and
            current economic conditions.

        Premises and Equipment.  Land is carried at cost. Premises and equipment
            are  stated  at cost  less  accumulated  depreciation.  Depreciation
            expense is computed on the  straight-line  basis over the  estimated
            useful life of each type of asset.

        Income Taxes.  Deferred  tax assets and  liabilities  are  reflected  at
            currently enacted income tax rates applicable to the period in which
            the deferred tax assets or  liabilities  are expected to be realized
            or settled.  As changes in tax laws or rates are  enacted,  deferred
            tax assets and  liabilities  are adjusted  through the provision for
            income taxes.

        Organizational and Preopening Costs. Net  organizational  and preopening
            costs  totaled  $628,138,  net of tax benefit of $378,978,  and were
            charged to expense as incurred.

        Off-Balance-Sheet  Instruments.  In the ordinary  course of business the
            Company has entered  into  off-balance-sheet  financial  instruments
            consisting  of  commitments  to extend  credit and  unused  lines of
            credit.  Such  financial  instruments  are recorded in the financial
            statements when they are funded.

        Advertising. The Company expenses all media advertising as incurred.

        LossPer Share.  Basic loss per share has been  computed  on the basis of
            the  weighted-average  number of shares of common stock  outstanding
            during the period. There were no common stock equivalents.

                                                                     (continued)

                                       7

<PAGE>

                           JACKSONVILLE BANCORP, INC.

   Notes to Condensed Consolidated Financial Statements (Unaudited), Continued


(1)     Description of Business and Summary of Significant Accounting Policies,
          Continued
        Future Accounting  Requirements.  Financial  Accounting  Standards 133 -
            Accounting  for  Derivative   Investments  and  Hedging   Activities
            requires  companies to record  derivatives  on the balance  sheet as
            assets  or  liabilities,  measured  at fair  value.  Gains or losses
            resulting from changes in the values of those  derivatives  would be
            accounted  for depending on the use of the  derivatives  and whether
            they  qualify  for hedge  accounting.  The key  criterion  for hedge
            accounting is that the hedging relationship must be highly effective
            in  achieving  offsetting  changes in fair value or cash flows.  The
            Company  will be required to adopt this  Statement  January 1, 2001.
            Management  does not  anticipate  that  this  Statement  will have a
            material impact on the Company.

(2)     Loan Impairment and Credit Losses.  No loans were identified as impaired
            at June 30,  1999.  The Company did not record a provision  for loan
            losses during the three or six months ended June 30, 1999.

(3)     Regulatory Matters.  Banking laws and regulations limit the amount of
            dividends  that may be paid by the Bank.  The FDIC requires  insured
            banks to maintain certain specified levels of capital.

            Leverage-Capital  Ratio.  The  FDIC  requires  banks to  maintain  a
            minimum  leverage-capital  ratio  of Tier I (as  defined)  to  total
            assets.  The  leverage-capital  ratio generally ranges from 3% to 5%
            based on the bank's rating under the regulatory  rating system.  The
            Bank's required leverage-capital ratio at June 30, 1999 was 4%.

            Risk-Weighted  Assets  Capital  Ratios.  The FDIC has also adopted a
            risk-based  capital  statement of policy which imposes an additional
            capital  standard on insured banks.  Under this  regulation,  a bank
            must classify its assets and certain  off-balance  sheet  activities
            into categories,  and maintain  specified levels of capital for each
            category.  The amount of capital that is required is dependent  upon
            the amount of risk  attributed  to each category by the FDIC. A bank
            must have a total risk-based  capital ratio of no less than 8% and a
            Tier I capital  to  risk-weighted  assets  ratio of no less than 4%.
            Under the  statement  of policy,  certain  assets are required to be
            deducted  from  risk-based  capital.  Such  assets  include  certain
            nonqualifying intangible assets,  unconsolidated banking and finance
            subsidiaries,  investments in securities subsidiaries and reciprocal
            holdings of capital  instruments with other banks. In addition,  the
            FDIC may consider  deducting other assets on a case-by-case basis or
            investments in other  subsidiaries on a case-by-case  basis or based
            on  the  general   characteristics   or  functional  nature  of  the
            subsidiaries.

            At June 30, 1999,  the Bank was in  compliance  with all  regulatory
            capital requirements.


                                       8












<PAGE>

                           JACKSONVILLE BANCORP, INC.

                  Item 2. Management's Discussion and Analysis
                of Financial Condition and Results of Operations

                Comparison of June 30, 1999 and December 31, 1998

General

        The Jacksonville  Bancorp, Inc. (the "Holding Company") was incorporated
        on October 24, 1997.  The Holding  Company owns 100% of the  outstanding
        common  stock of the  Jacksonville  Bank  (the  "Bank")  (together,  the
        "Company").  The Holding Company was organized  simultaneously  with the
        Bank and its only  business is the  ownership and operation of the Bank.
        The Bank is a Florida state-chartered  commercial bank and is insured by
        the Federal Deposit Insurance Corporation.  The Bank opened for business
        on May 28, 1999 and provides  community  banking  services to businesses
        and individuals in Jacksonville, Florida.

Liquidity and Capital Resources

        The  Company's  primary  source of cash during the six months ended June
        30, 1999 was from the net proceeds  from the issuance of common stock of
        $8.7  million and net  deposit  inflows of $1.5  million.  Cash was used
        primarily to repay borrowings of $1.6 million and purchase securities of
        $1.5 million. At June 30, 1999, the Company had outstanding  commitments
        to originate  new and existing  loans of $242,000.  It is expected  that
        these  requirements  will be funded from the sources described above. At
        June 30, 1999, the Bank exceeded its regulatory liquidity requirements.

Common Stock Offering

        As of June 30, 1999, the Company has sold 905,716 shares of common stock
        for an  aggregate  of $8.7  million.  The Company  incurred  $394,693 in
        offering  expenses  relating to their public  offering of the  Company's
        common stock. Offering expenses were deducted from the proceeds received
        from the sale of common stock.

Results of Operations

        General.  Net losses for the three and six  months  ended June 30,  1999
        were $205,286 and $373,107,  respectively. The Bank commenced operations
        on May 28, 1999.  As of June 30, 1999,  the Company had not achieved the
        asset size to operate  profitably.  A discussion of operating results at
        June 30,  1999 or for the three and six months  ended June 30,  1999 and
        1998 would not be meaningful.

                                       9



<PAGE>

                           JACKSONVILLE BANCORP, INC.

                                Year 2000 Issues


The  Company  is  acutely  aware of the many  areas  affected  by the Year  2000
computer  issue and has given the Executive  Committee of the Board of Directors
the responsibility for oversight of the Year 2000 issue. The Company is actively
involved in managing the Year 2000 computer  challenges,  following the guidance
provided by its regulatory  bodies and documented in the interagency  statements
issued by the Federal Financial Institutions  Examination Council (?FFIEC?). The
Company has a Year 2000  Technology  Plan,  approved by the Board of  Directors,
which  includes  multiple  phases,  tasks to be  completed  and target dates for
completion. Issues addressed therein include awareness, assessment,  renovation,
validation, implementation, testing and contingency planning.

The Company has received a  certification  from its main service  provider  that
they are Year 2000  compliant.  The Company  routinely  upgrades  and  purchases
technology  advanced  software  and  hardware on a continual  basis.  All future
purchases and upgrades will be Year 2000  compliant.  The Company has determined
that the cost of making  modifications  to correct any Year 2000 issues will not
substantially affect reported operating results.

The Company also  recognizes  the importance of determining if its customers are
preparing for the Year 2000 problem.  Questionnaires are completed to assess the
inherent  risks.  Customers will receive  statement  stuffers and  informational
material in this regard.  The Company plans to be prepared on a one-on-one basis
with  significant  borrowers  who have been  identified as having high Year 2000
risk  exposure.  The  Company  plans to  continue in its efforts to be active in
informing its customers of the Year 2000 issue.

The Company has  developed a  Contingency  Plan  relative to the Year 2000 issue
which  addresses a ?worst case  scenario.?  The plan covers various  options for
handling interruptions of the internal and external mission critical systems and
services.  The Company,  for example,  has developed plans for meeting unusually
high  demands for cash  generated  by the  publicity  surrounding  the Year 2000
issue.  The Contingency  Plan will be continuously  monitored to incorporate and
address  various  operational  elements as needed.  Furthermore,  the  Company?s
Contingency  Plan  covers  systems  which can be handled  manually on an interim
basis.  Should  outside  service  providers  not be  able to  provide  compliant
systems,  the Company will terminate those  relationships  and transfer to other
vendors.

                                       10


<PAGE>

                           JACKSONVILLE BANCORP, INC.


                           PART II. OTHER INFORMATION


Item 6.  Exhibits and Reports on Form 8-K (UPDATE FROM ATTORNEY)

(a)   Exhibits.  The  following  exhibits  are  filed  with or  incorporated  by
      reference  into this  report.  The  exhibits  which are marked by a single
      asterisk (*) were previously filed as a part, and are hereby  incorporated
      by reference  from the Company?s  Registration  Statement on Form SB-2, as
      effective with the Securities and Exchange Commission on February 9, 1999,
      Registration No. 333-64815.

Exhibit No.     Description of Exhibit
-----------     ----------------------

*3.1            Articles of Incorporation of the Company
*3.2            By-laws of the Company
*4.1            Specimen Common Stock Certificate
*10.4           Servicing Agreement with M&I Data Services
 10.5           Employment Contract Gilbert J. Pomar, III
 27             Financial Data Schedule (for SEC use only)

(b)   Reports  on Form 8-K.  There  were no Form  8-K?s  filed  during the three
      months ended June 30, 1999.


































                                       11

<PAGE>

                           JACKSONVILLE BANCORP, INC.

                           PART II. OTHER INFORMATION




                                   SIGNATURES



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 thereunto duly authorized.


                                   JACKSONVILLE BANCORP, INC.
                                   (Registrant)





Date: August 13, 1999                   By: /s/Price W. Schwenck
     ------------------------               -----------------------
                                            Price W. Schwenck, Chief Executive
                                            Officer





Date: August 13, 1999                   By: /s/Cheryl L. Whalen
     ------------------------               -----------------------
                                            Cheryl L. Whalen,
                                            Executive Vice President
                                            and Chief Financial Officer












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