Jacksonville Bancorp is a bank holding company. Through its subsidiary, Jacksonville Savings Bank, the company is engaged primarily in the business of accepting retail deposits from the 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 company also originates commercial and agricultural business loans and consumer loans. Additionally, the company invests in U.S. Government agency securities and mortgage-backed securities. At Dec 31 2016, the company had total assets of $319.3 and total deposits of $258.7 million.
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