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Jacksonville Bancorp Q1 Profit Rises

Jacksonville Bancorp, Inc. (JXSB) Monday reported first-quarter profit of $1.01 million or $0.54 per share, up from $915 thousand or $0.49 per share in the comparable quarter last year.

Non-interest income increased $382 thousand, primarily due to increases of $359 thousand in gains on the sales of securities and $63 thousand in commission income, partially offset by a decrease of $47 thousand from mortgage banking operations.

by RTTNews Staff Writer

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