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Company:
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SALISBURY BANCORP INC (SAL)
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Form Type:
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8-K
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Filing Date:
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9/9/2009
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CIK:
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0001060219
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Address:
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5 BISSELL ST
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City, State, Zip:
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LAKEVILLE, Connecticut 06039-1868
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Telephone:
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(860) 435-9801
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$23.52
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Change:
0.00 (0.00%)
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Trade Time:
Feb 09
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Market Cap:
$39.68M
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Description of Business
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Salisbury Bancorp, Inc. (AMEX:SAL) (the "Company") is a Connecticut corporation
that was formed in 1998. Its primary activity is to act as the holding company
for its sole subsidiary, the Salisbury Bank and Trust Company (the "Bank"),
which accounts for most of the Company's net income. The Bank assumed its
present name in 1925 following the acquisition by the Robbins Burrall Trust
Company of the Salisbury Savings Society. The Robbins Burrall Trust Company was
incorporated in 1909 as the successor to a private banking firm established in
1874. The Salisbury Savings Society was incorporated in 1848. The Bank is
chartered as a state bank and trust company by the State of Connecticut, and its
deposits are insured by the Federal Deposit Insurance Corporation in accordance
with the Federal Deposit Insurance Act. The Bank's main office is at 5 Bissell
Street, Lakeville, Connecticut 06039.
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