-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K+QoI8sT/Y3y33uLHzK/cBIVcwfXwVT2GDKch+jMi5lrOzRFKhLlT6AUnyGKepwA nPC6lSDobUrIoYb7Fbip1w== /in/edgar/work/0000914317-00-000707/0000914317-00-000707.txt : 20001026 0000914317-00-000707.hdr.sgml : 20001026 ACCESSION NUMBER: 0000914317-00-000707 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001024 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20001025 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALISBURY BANCORP INC CENTRAL INDEX KEY: 0001060219 STANDARD INDUSTRIAL CLASSIFICATION: [6035 ] IRS NUMBER: 061514263 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-24751 FILM NUMBER: 745634 BUSINESS ADDRESS: STREET 1: 5 BISSELL ST CITY: LAKEVILLE STATE: CT ZIP: 06039-1868 BUSINESS PHONE: 8604359801 MAIL ADDRESS: STREET 1: 5 BISSELL ST CITY: LAKEVILLE STATE: CT ZIP: 06039-1868 8-K 1 0001.txt FORM 8-K 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): October 24, 2000 ------------------------------ SALISBURY BANCORP, INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) Connecticut 06-1514263 - -------------------------------------------------------------------------------- (State or other jurisdiction of incorporation) (IRS Employer Identification No.) 5 Bissell Street, Lakeville, Connecticut 06039-1868 - -------------------------------------------------------------------------------- (Address of principal executive offices) (zip code) Registrant"s telephone number, including area code: (860) 435-9801 -------------- -2- Form 8-K, Current Report Salisbury Bancorp, Inc. Item 5. Other Matters. -------------- The Board of Directors of Salisbury Bancorp, Inc., the parent company of Salisbury Bank and Trust Company, announced that it is continuing the stock repurchase program to acquire up to approximately 10% of the outstanding common stock of the Corporation. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. ------------------------------------------------------------------- c. Exhibits. 99. Press release dated October 24, 2000 Exhibit Index Page 99. Press release dated October 24, 2000 3 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: October 25, 2000 SALISBURY BANCORP, INC. By: /s/ John F. Perotti --------------------------------- John F. Perotti, President and Chief Executive Officer EX-99 2 0002.txt PRESS RELEASE -3- Tuesday, October 24, 2000, 12:00 p.m. Eastern Time Company Press Release SOURCE: Salisbury Bancorp, Inc. Salisbury Bancorp, Inc. Announces Stock Repurchase Program Lakeville, Connecticut, October 24, 2000/PRNewswire/-The Board of Directors of Salisbury Bancorp, Inc. (Amex:SAL), the parent company of Salisbury Bank and Trust Company announced today that it is continuing the stock repurchase program to acquire up to approximately 10% of the outstanding common stock of the Corporation. The program will be dependent upon market conditions and there is no guarantee as to the exact number of shares to be repurchased by the Corporation. John Perotti, President and Chief Executive Officer of Salisbury Bancorp, Inc., stated that the Board of Directors has authorized the repurchased program. Mr. Perotti explained that the Board of Directors considers the Corporation"s common stock to be an attractive investment and that the repurchase should help to enhance shareholder value while maintaining adequate capital for the foreseeable needs of the Corporation and its subsidiary, Salisbury Bank and Trust Company. According to Mr. Perotti, the repurchase will be effected through open market purchases, although he did not rule out the possibility of negotiated transactions or other types of repurchases. Salisbury Bancorp"s sole subsidiary, Salisbury Bank and Trust Company is a community bank with assets of approximately $230 million and capital in excess of $21 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 operates full service banking offices in Lakeville, Salisbury and Sharon, Connecticut. Salisbury Bancorp, Inc. became the bank holding company for Salisbury Bank and Trust Company and began trading on the American Stock Exchange on August 24, 1998. -----END PRIVACY-ENHANCED MESSAGE-----