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NOTE 12 - CONTINGENT LIABILITIES	6 Months Ended
Jun. 30, 2023
Note 12 - Contingent Liabilities
NOTE 12 - CONTINGENT LIABILITIES	NOTE 12 - CONTINGENT LIABILITIES Contingent Liabilities In July 2022, Salisbury management discovered that the Bank’s trust department terminated a trust account in May 2020 and distributed approximately $1.0 million that should have been retained in continuance of the trust account. In March 2023, Salisbury filed an amended complaint against the beneficiaries to recover the distributed proceeds and to reinstate the trust account. Management believes that Salisbury’s exposure could possibly range from approximately $0.0 million to $0.4 million depending upon the amount the beneficiaries contribute toward the reinstatement of the trust and potential insurance coverage.

NOTE 12 - CONTINGENT LIABILITIES

6 Months Ended

Jun. 30, 2023

NOTE 12 - CONTINGENT LIABILITIES

Contingent Liabilities

In July 2022, Salisbury management discovered that the Bank’s trust department terminated a trust account in May 2020 and distributed approximately $1.0 million that should have been retained in continuance of the trust account. In March 2023, Salisbury filed an amended complaint against the beneficiaries to recover the distributed proceeds and to reinstate the trust account. Management believes that Salisbury’s exposure could possibly range from approximately $0.0 million to $0.4 million depending upon the amount the beneficiaries contribute toward the reinstatement of the trust and potential insurance coverage.