ACQUISITIONS

12 Months Ended

Dec. 31, 2011

Acquisitions

ACQUISITIONS

NOTE 17 - ACQUISITIONS

Salisbury assumed approximately $11 million in deposits and acquired approximately $2.5 million in loans and the branch office located at 10 Granite Ave., Canaan, Connecticut from Webster Bank, National Association, as of the close of business on December 4, 2009. Salisbury recorded a core deposit intangible of $463,000 for deposits assumed. A summary is included in the supplemental disclosure in the cash flow statement.