SECURITIES AND EXCHANGE COMMISSION
                                
                    WASHINGTON, D.C.  20549
                                
                                
                                
                            FORM 8-K
                                
                                
                         CURRENT REPORT
                                
                Pursuant to Section 13 or 15 (d)
             of the Securities Exchange Act of 1934
                                
Date of Report (Date of Earliest Event Reported)       December  3, 1997       
                                     
                                                                               
                                                                           
                   JACKSONVILLE BANCORP, INC.



       Texas                            0-28070                75-2632781
------------------------------------------------------------------------------
(State of Incorporation)             (Commission File)          (IRS No.)



COMMERCE AND NECHES STREET        JACKSONVILLE, TEXAS         75766
------------------------------------------------------------------------------
(Address of Principal Executive Offices)                     (Zip Code)


                            (903) 586-9861                                 
------------------------------------------------------------------------------
      (Registrant's Telephone Number, Including Area Code)


                             NOT APPLICABLE
------------------------------------------------------------------------------
  (Former Name or Former Address, if changed since last report)
<PAGE>
                                
                                






          Item 5.   Other Events

          Item 7.   Financial Statements, Pro Forma Financial Information
                    and Exhibits

          (a)  Not applicable

          (b)  Not applicable

          (c)  Exhibits:

               (99) Press Release, dated December 3, 1997
<PAGE>








                          SIGNATURES

     Pursuant to the requirements of the Securities and 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.



Date: 12/3/97                                    By: \s\ Jerry Chancellor
      ----------                                    ---------------------
                                                     Jerry Chancellor
                                                     President
<PAGE>
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{"company-data": {"conformed-name": "JACKSONVILLE BANCORP INC", "cik": "0001005507", "assigned-sic": "6036", "irs-number": "752632781", "state-of-incorporation": "TX", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28070", "film-number": "97734774"}, "business-address": {"street1": "P O BOX 401", "street2": "COMMERCE & NECHES STREETS", "city": "JACKSONVILLE", "state": "TX", "zip": "75766", "phone": "9035869861"}}
SECURITIES AND EXCHANGE COMMISSION
                                
                    WASHINGTON, D.C.  20549
                                
                                
                                
                            FORM 8-K
                                
                                
                         CURRENT REPORT
                                
                Pursuant to Section 13 or 15 (d)
             of the Securities Exchange Act of 1934
                                
Date of Report (Date of Earliest Event Reported)       December  3, 1997       
                                     
                                                                               
                                                                           
                   JACKSONVILLE BANCORP, INC.

       Texas                            0-28070                75-2632781
------------------------------------------------------------------------------
(State of Incorporation)             (Commission File)          (IRS No.)

COMMERCE AND NECHES STREET        JACKSONVILLE, TEXAS         75766
------------------------------------------------------------------------------
(Address of Principal Executive Offices)                     (Zip Code)

                            (903) 586-9861                                 
------------------------------------------------------------------------------
      (Registrant's Telephone Number, Including Area Code)

                             NOT APPLICABLE
------------------------------------------------------------------------------
  (Former Name or Former Address, if changed since last report)
Item 5.   Other Events

          Item 7.   Financial Statements, Pro Forma Financial Information
                    and Exhibits

          (a)  Not applicable

          (b)  Not applicable

          (c)  Exhibits:

               (99) Press Release, dated December 3, 1997
SIGNATURES

     Pursuant to the requirements of the Securities and 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.

Date: 12/3/97                                    By: \s\ Jerry Chancellor
      ----------                                    ---------------------
                                                     Jerry Chancellor
                                                     President