-----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, FHt0idcxQuufWY/OpCOqVP1Y/yr+me8gM97S9C4ldjAgA8ReDpdfJ5xQEw2V/pUH q1uHdt7P57QBVFlL2yIv0w== 0000914317-08-002281.txt : 20080903 0000914317-08-002281.hdr.sgml : 20080903 20080903152551 ACCESSION NUMBER: 0000914317-08-002281 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080903 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080903 DATE AS OF CHANGE: 20080903 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: 081053862 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-94383_sal.txt 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): August 29, 2008 ------------------------------ SALISBURY BANCORP, INC. (Exact name of registrant as specified in charter) Connecticut 000-24751 06-1514263 - -------------------------------------------------------------------------------- (State or other (Commission (IRS Employer jurisdiction of incorporation) File Number) 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 -------------- - -------------------------------------------------------------------------------- (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 8. Other Events Item 8.01. Other Events - ------------------------ The Board of Directors of Salisbury Bancorp, Inc. declared a $0.28 per share quarterly cash dividend at their August 29, 2008 Board Meeting. The quarterly cash dividend will be paid on October 31, 2008 to shareholders of record as of September 30, 2008. Additionally, on September 2, 2008, the Company announced the adoption of a Dividend Reinvestment and Stock Purchase Plan. A copy of the press release announcing these matters attached hereto as Exhibit 99.1. Section 9. Financial Statements and Exhibits Item 9.01. Financial Statements and Exhibits - --------------------------------------------- (d) Exhibits 99.1 Press Release dated September 2, 2008. 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: September 3, 2008 SALISBURY BANCORP, INC. By: /s/ John F. Foley ------------------------ John F. Foley Chief Financial Officer EX-99.1 2 ex99-1.txt Exhibit 99.1 September 2, 2008 Company Press Release Source: Salisbury Bancorp, Inc. Salisbury Contact: John F. Perotti-Chairman and Chief Executive Officer (860) 435-9801 x 1001 or jp@salisburybank.com FOR IMMEDIATE RELEASE Salisbury Bancorp, Inc. Announces a Third Quarter Dividend and a Dividend Reinvestment and Stock Purchase Plan. Lakeville, Connecticut, September 2, 2008/PRNewswire... The Board of Directors of Salisbury Bancorp, Inc. (AMEX:SAL), the holding company for Salisbury Bank and Trust Company, declared a $.28 per common share quarterly cash dividend at their August 29, 2008 meeting. Dividends year-to-date for 2008 total $.84 per common share. This represents an increase of $.03 or 3.7% over the $.81 per share cash dividends paid during the same period in 2007. The quarterly cash dividend will be paid on October 31, 2008 to shareholders of record as of September 30, 2008. Chairman and Chief Executive Officer John F. Perotti commented, "I am also pleased to announce our new Dividend Reinvestment and Stock Purchase Plan. It provides a convenient way for our shareholders to purchase additional common stock either by reinvesting cash dividends or by making voluntary cash payments on a quarterly basis." The Plan Prospectus and related enrollment information is scheduled for mailing to all of our shareholders early in September. Salisbury Bancorp's sole subsidiary, Salisbury Bank and Trust Company, is a community bank. The Company has assets in excess of $475 million and capital in excess of $42 million and serves the communities of northwestern Connecticut and proximate communities in New York and Massachusetts. Salisbury Bank and Trust Company is headquartered in Lakeville, Connecticut, and in addition to the main office, operates full service branches in North Canaan, Salisbury and Sharon, Connecticut, South Egremont and Sheffield, Massachusetts and Dover Plains, New York. The Bank offers a full complement of consumer and business banking products and services as well as trust /wealth advisory services. This news release does not constitute an offer of any securities for sale. Such offer may only be made by means of the Prospectus for the Dividend Reinvestment and Stock Purchase Plan. Statements contained in this news release contain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and expectations of management as well as the assumptions made using information currently available to management. Since these statements reflect the views of management concerning future events, these statements involve risks, uncertainties and assumptions, including among others: changes in market interest rates and general and regional economic conditions; changes in government regulations; changes in accounting principles; and the quality or composition of the loan and investment portfolios and other factors that may be described in the Company's quarterly reports on Form 10-Q and its annual report on Form 10-K, each filed with the Securities and Exchange Commission, which are available at the Securities and Exchange Commission's internet website (www.sec.gov) and to which reference is hereby made. Therefore, actual future results may differ significantly from results discussed in the forward looking statements. -3- -----END PRIVACY-ENHANCED MESSAGE-----