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 24, 1998
                                                   -------------------

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


               Connecticut                                  06-0521260
- ---------------------------------------------- ---------------------------------
(State or other jurisdiction of incorporation) (IRS Employer 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
                                                     --------------




                                      -2-


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

Item 5.  Other Matters.
         -------------

                  Pursuant   to  the  terms  of  the   Agreement   and  Plan  of
                  Reorganization,    dated   as   of   April   22,   1998   (the
                  "Reorganization  Agreement") by and between Salisbury Bancorp,
                  Inc. (the "Company"), a Connecticut corporation, and Salisbury
                  Bank and Trust Company (the "Bank"),  a Connecticut  chartered
                  commercial  bank, on August 24, 1998, the Company acquired all
                  of the  outstanding  shares of the Bank's  Common  Stock.  The
                  Company  will  operate  the Bank under its  existing  name and
                  charter as a separate bank subsidiary of the Company.

                  The Reorganization became effective on Monday, August 24, 1998
                  (the "Effective Time").

                  At the Effective  Time,  each share of the Bank's Common Stock
                  issued and outstanding immediately prior to the Effective Time
                  was converted  into the right to receive six (6) shares of the
                  Company's  Common  Stock in  exchange  for  each  share of the
                  Bank's Common Stock.

                  The Company's Common Stock began trading on the American Stock
                  Exchange ("Amex") on August 24, 1998, under the symbol "SAL".


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

                  c.  Exhibits

                  2.  Agreement  and Plan of  Reorganization,  dated as of April
                      22, 1998 (incorporated  herein by reference to Exhibit 2.1
                      to the Company's  registration statement on Form S-4, File
                      No. 333-50857).



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 24, 1998                       SALISBURY BANCORP, INC.




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