8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    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 27, 2005
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                             SALISBURY BANCORP, INC.
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               (Exact name of registrant as specified in charter)

          Connecticut                    000-24751             06-1514263
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(State or other jurisdiction of   (Commission File Number)    (IRS Employer
         incorporation)                                     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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          (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligations of the registrant under any of the following
provisions (see General Instructions A.2. below):

[_]  Written communications pursuant to Rule 425 under the Securities Act (12
     C.F.R. 230.425)

[_]  Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17
     C.F.R. 240.14a-12)

[_]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 C.F.R. 240.14d-2(b))

[_]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 C.F.R. 240.13e-4(c))






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


Section 7.  Regulation FD

Item 7.01.  Regulation FD Disclosure
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     A  summary  of the  remarks,  which  John F.  Perotti,  Chairman  and Chief
Executive Officer, made at the Annual Meeting, is attached as Exhibit 99.1.

Section 9.  Financial Statements and Exhibits

Item 9.01.  Financial Statements and Exhibits
- ---------------------------------------------

            (c)  Exhibits
                 99.1 Press Release dated April 27, 2005.

                                   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 28, 2005                         SALISBURY BANCORP, INC.


                                              By:  /s John F. Perotti
                                                   -----------------------------

                                                   John F. Perotti, Chairman and
                                                   Chief Executive Officer

EX-99.1

                                  EXHIBIT 99.1

                             Salisbury Bancorp, Inc.

                   Annual Shareholders Meeting, April 27, 2005

                  Excerpt of Chief Executive Officer's Remarks


2004 was a year dominated by pre-merger  planning,  data processing  conversions
and merger execution.

On  November  18, 2003 we  reported  the  Company's  execution  of a  definitive
agreement to acquire  Canaan  National  Bancorp,  Inc. and its  subsidiary,  the
Canaan  National  Bank.  With  careful  planning  and a lot of  hard  work,  the
acquisition  was  completed on September  10, 2004.  Following  the merger,  our
Balance  Sheet showed  assets in excess of $400  million,  deposits in excess of
$300  million,  and loans in excess of $200 million.  All of Canaan's  employees
were given the opportunity to continue their  employment with Salisbury Bank and
Trust Company and most of them did,  enhancing the Bank's most important  asset,
its human resources.

When we began merger discussions,  one of the things that intrigued us about the
combination  was the  quality  of  CNB's  human  resource  team.  Reviewing  job
descriptions and looking at the strengths of each  individual,  we realized that
if we executed our strategy successfully,  we could realign our team to increase
efficiencies  and provide  broad  experience  and depth to the  operating  areas
throughout  our Bank.  We are pleased to report to you today that we are meeting
expectations in that arena.

During the first three  quarters of 2004, we were  preparing to  transition  our
data processing and technology  systems to Jack Henry & Associates  Inc., a well
respected technology provider for the financial industry.  Our management team's
due diligence process  identified this company as the data processing partner of
choice,  and we have successfully  completed full conversion to their SILVERLAKE
system.  We are  confident  that this  relationship  will  continue  to increase
efficiencies and enhance customer service as our Bank grows.

You have all had an opportunity to read the annual report so I will not infringe
on your time today by telling you in the way of review,  what you already  know.
Instead, I will give you some additional information and a few perspectives that
I hope you will find interesting.

We are very pleased to report the fact that 2004 was the tenth  consecutive year
that  net  income  increased  over the  previous  year.  This was a  significant
achievement,  due to the  absorption  of data  procession  conversion  costs and
merger related expenses.

One of our strategic  initiatives for 2005 is to increase our loan footings with
quality loans  providing  reasonable  returns.  During 2004,  we originated  and
closed  1104  loans  totaling  a  little  over  $77  million  dollars.   We  are
particularly  interested in higher margin  commercial  loans and we were able to
close $24 million  dollars  worth of those loans  during the year.  Our Mortgage




Makers  team,  which  originates  residential  mortgages,  was  responsible  for
generating nearly $50 million dollars of production to 276 different customers.

Another  of our  strategic  initiatives  is to expand  and  enhance  our  wealth
management  and trust  services.  During  the year,  we opened 98 new  fiduciary
relationships  in the Trust Department for nearly 25 million in new business and
Trust income increased a little over 11 percent to $1,411,000.  An objective for
the team is to increase their visibility at our 100 Main Street, Canaan location
and one of our trust  officers  will be physically at that location each week to
handle  business and be available to the community.  We recognize that there are
significant  opportunities in Canaan and the surrounding communities of Norfolk,
Colebrook,  Ashley Falls, Mill River, Sandisfield and South Egremont. The Canaan
office,  in concert  with our retail  offices in South  Egremont  and  Sheffield
should provide a hub for new business activity as we reach further to expand our
services and explore opportunities.  We know that it will take a team effort, as
we will have to earn the respect of  potential  new  customers  and reach out to
them if we are to be successful.

The Canaan acquisition increases our opportunities for each of these initiatives
as we carefully expand our market area within Litchfield County, lower Berkshire
County,  Massachusetts  and Columbia County,  New York. I'm reminded of the U.S.
Marines in which the  recruiter  says the  Marines  are  looking for "a few good
men." We are  looking  for  quality  customers  and are  very  aware of our risk
tolerance.  We are cautious,  as we look for a true relationship with long range
implications with each of our customers. We realize that we cannot be all things
to all people,  but we know what we do well,  and we intend to capitalize on our
strengths.  We also realize that while we want to be a leader in the communities
that we serve, we must make a profit from our services and provide an attractive
return to our shareholders.

A new  objective  this year is to develop a marketing  program which we envision
will lead to more  customers and  additional  profitability.  We hope to get the
Bank and Trust  Department  firmly  established in our expanded  market area. To
that  end,  we have  budgeted  significant  dollars  to  launch a  comprehensive
marketing program which will include newspaper,  magazine, radio and direct mail
advertising. We rolled out the marketing program in early March to coincide with
the opening of our new office in Sheffield,  Massachusetts.  We've developed the
tag line "WE'RE SOMETHING ELSE."

We have even ventured into something radical for us, billboard advertising. Our
first billboard can be viewed on Route 7 north near the Canaan State Police
Barracks.

We have  stepped up our efforts with a formalized  customer  calling  program to
visit existing customers,  potential new customers and prospective  business.  A
key  part  of this  program  is to  meet  with  existing  business  partners  to
reemphasize  our  relationship  approach to meeting  their  financial  needs and
expectations.  The next  step is to ask for  their  assistance  for  appropriate
referrals of prospective customers.

While  planning  my  remarks  this  year,  I made a note to myself to inform the
meeting  about our ATM  locations.  Most of you are probably  aware that we have
these cash  dispensing  machines at our six retail offices located in Lakeville,
Salisbury,   Sharon,  Canaan,   Connecticut,   South  Egremont,  and  Sheffield,
Massachusetts.  However,  some  of you  may not  know  that  we have  additional



machines located at Geer Village,  the Hotchkiss School, and the Sharon Hospital
for the convenience of our customers and non-customers alike.

We are off to a very good start in 2005 and the Bank's first quarter earnings of
$1,341,929 or eighty cents per share  represents  [our best quarter in history].
As a result of the Company's first quarter  performance,  the Board of Directors
voted to increase the dividend to $.25 per share.  Our strategic  plan continues
to seek ways to create value for Salisbury Bank's customers and the shareholders
of Salisbury Bancorp, Inc.

I would like to take this opportunity to thank the employees and officers of the
Bank for their enthusiasm, dedication, and focus in the Bank's behalf. Together
with the Board of Directors and the SBT Advisory Board, we will continue to
execute our strategic plan, respect each other, have fun, and be the leading
community bank in the Tri-State Area.

Special thanks to the Board of Directors for  challenging the Management team to
be the best that they can be.

And thank you shareholders for your confidence in the Company.