-----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, NTojvmJHvPD3hzTCXk61eaiCC7Yy7eJpqF3fqQmDbyPbsvxr/PE/avTdPtPZkTMk rwctPrReO0+Dswr8uzhTSA== 0000914317-02-000130.txt : 20020414 0000914317-02-000130.hdr.sgml : 20020414 ACCESSION NUMBER: 0000914317-02-000130 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020227 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALISBURY BANCORP INC CENTRAL INDEX KEY: 0001060219 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 061514263 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24751 FILM NUMBER: 02561214 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 form8k-43544_22702.txt 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): February 25, 2002 ---------------------- SALISBURY BANCORP, INC. ----------------------- (Exact name of registrant as specified in charter) Connecticut 06-1514263 - -------------------------------------------------------------------------------- (State or other jurisdiction of incorporation) (IRSEmployer 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 -------------- 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, declared a $.22 per share quarterly cash dividend for the first quarter of 2002. The quarterly cash dividend will be paid on April 26, 2002 to shareholders of record as of March 29, 2002. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. ------------------------------------------------------------------- c. Exhibits. 99. Press release dated February 27, 2002 Exhibit Index Page ------------- ---- 99. Press release dated February 27, 2002 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: February 27, 2002 SALISBURY BANCORP, INC. By: /s/ John F. Perotti ----------------------------------- John F. Perotti, President and Chief Executive Officer -2- EX-99 3 exhibit-99.txt Wednesday, February 27, 2002 Company Press Release Source: Salisbury Bancorp, Inc. Salisbury Bancorp, Inc. Announces Year End Earnings and an Increased Dividend for Shareholders Lakeville, Connecticut, February 27, 2002/PRNewswire...Salisbury Bancorp, Inc. (AMEX:SAL), the holding company for Salisbury Bank and Trust Company, reported fourth quarter earnings of $730,000 or $.51 per diluted share and net earnings of $2,901,000 or $2.03 per diluted share for the year ended December 31, 2001. This compares to fourth quarter earnings of $845,000 or $.58 per diluted share and net earnings of $2,849,000 or $1.92 per diluted share for the year ended December 31, 2000. The overall increase in earnings for the year 2001 can be attributed to an increase in net interest income resulting from the growth in earning assets, the movement of interest rates and management's continuing efforts to control operating expenses. During the year 2001, Salisbury Bancorp, Inc. declared cash dividends totaling $.84 per common share outstanding. This compares to total dividends declared during 2000 of $.77 per common share outstanding and represents a 9.09% increase. At their February 25, 2002 meeting, the Directors of Salisbury Bancorp, Inc. declared a first quarter cash dividend of $.22 per share. This compares to a $.21 per share cash dividend that was paid during the first quarter of 2001. The $.22 per share dividend will be paid on April 26, 2002 to shareholders of record as of March 29, 2002. Salisbury Bancorp, Inc. is the holding company for Salisbury Bank and Trust Company which is a community bank operating full service banking offices in Canaan, Lakeville, Salisbury and Sharon, Connecticut. It has served the communities of Northwestern Connecticut and proximate communities in New York and Massachusetts for approximately 150 years. -3- -----END PRIVACY-ENHANCED MESSAGE-----