SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20429
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): April 23, 2003
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SALISBURY BANCORP, INC.
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(Exact name of registrant as specified in charter)
Connecticut 06-1514263
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(State or other jurisdiction of incorporation) (IRS Employer Identification No.)
5 Bissell Street, Lakeville, Connecticut 06039-1868
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(Address of principal executive offices) (zip code)
Registrant"s telephone number, including area code: (860) 435-9801
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Form 8-K, Current Report
Salisbury Bancorp, Inc.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(a.) Not applicable.
(b.) Not applicable.
(c.) Exhibits.
Exhibit No. Description
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99. Press release dated April 23, 2003
Exhibit Index Page
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99. Press release dated April 23, 2003 3
Item 9. Regulation FD Disclosure
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On April 23, 2003, Salisbury Bancorp, Inc. issued a press release
announcing its earnings for the first quarter of 2003. A copy of the press
release is attached to this report as Exhibit 99. The attached exhibit is
furnished pursuant to Item 12 of Form 8-K.
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 hereto duly authorized.
Dated: April 24, 2003 SALISBURY BANCORP, INC.
By: s/s John F. Perotti
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John F. Perotti, President and
Chief Executive Officer
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Wednesday, April 23, 2003
Company Press Release
Source: Salisbury Bancorp, Inc.
Salisbury Contact: John F. Perotti, President & CEO
860-435-9801 or jp@salisburybank.com
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FOR IMMEDIATE RELEASE
April 23, 2003
SALISBURY BANCORP, INC. ANNOUNCES FIRST QUARTER EARNINGS
Lakeville, Connecticut, April 23, 2003/PRNewswire...Salisbury Bancorp, Inc.
(AMEX: SAL) the holding company for Salisbury Bank and Trust Company announced
today that net income for the first quarter of 2003 was $1,029,030 or $.72 per
share. This compares to 2002 first quarter earnings of $722,009 or $.51 per
share.
The Company previously announced a first quarter dividend of $.23 per common
share that will be paid on April 25, 2003 to shareholders of record as of March
31, 2003. This compares to a $.22 per share dividend that was paid to
shareholders for the first quarter of 2002.
Salisbury Bancorp's sole subsidiary, Salisbury Bank and Trust Company, is an
independent community bank with assets in excess of $300 million and capital in
excess of $27 million, which has served the communities of northwestern
Connecticut and proximate communities in New York and Massachusetts for
approximately 150 years. Salisbury Bank and Trust Company is headquartered in
Lakeville, Connecticut and operates full service branches in Canaan, Salisbury
and Sharon, Connecticut. The Bank offers a full compliment of consumer and
business banking products and services as well as trust services.