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):     July 29, 2003
                                                  --------------------


                             SALISBURY BANCORP, INC.
                             -----------------------
               (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
                                                      --------------





                                       -2-
Form 8-K, Current Report
Salisbury Bancorp, Inc.


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

        (a.) Not applicable.

        (b.) Not applicable.

        (c.) Exhibits.

             Exhibit No.               Description
             -----------               -----------

             99.              Press release dated July 29, 2003

        Exhibit Index                                                   Page
        -------------                                                   ----

        99.      Press release dated July 29, 2003                       3

Item 9. Regulation FD Disclosure
        ------------------------

     On July 29, 2003, Salisbury Bancorp, Inc. issued a press release announcing
its  earnings  for the second  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:   August 1 2003                     SALISBURY BANCORP, INC.


                                           By:    /s/ John F. Perotti
                                                  ------------------------------
                                                  John F. Perotti, President and
                                                  Chief Executive Officer





                                       -3-

Tuesday, July 29, 2003

Company Press Release

Source: Salisbury Bancorp, Inc.

Salisbury Contact: John F. Perotti, President & CEO
860-435-9801 or jp@salisburybank.com
                --------------------

FOR IMMEDIATE RELEASE
July 29, 2003

SALISBURY BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS

Lakeville,  Connecticut,  July  29,  2003/PRNewswire...Salisbury  Bancorp,  Inc.
(AMEX:  SAL) the holding company for Salisbury Bank and Trust Company  announced
today that net income for the second  quarter of 2003 was $1,000,530 or $.70 per
share.  This  compares to 2002 second  quarter  earnings of $764,727 or $.52 per
share. For the six months ended June 30, 2003, net income totaled  $2,029,560 or
$1.43 per share as compared to net income of  $1,501,181  or $1.03 per share for
the same six months period in 2002.  This  improvement  in earnings is primarily
the result of an increase in net  interest and dividend  income,  reductions  in
interest expense as well as an increase in other non-interest income.

The Company  previously  announced a second quarter  dividend of $.23 per common
share that was paid on July 25,  2003 to  shareholders  of record as of June 30,
2003.  This compares to a $.22 per share dividend that was paid to  shareholders
for the second  quarter of 2002.  Year-to-date  dividends  total $.46 per common
share for the year 2003. This compares to total  year-to-date  dividends of $.44
per common share a year ago and represents an increase of 4.6%.

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 $29  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.