8-K

                       SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20429

                                    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):     February 27, 2004
                                                 ----------------------


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


          Connecticut                 000-24751                   06-1514263
- --------------------------------------------------------------------------------
(State or other jurisdiction    Commission File Number           (IRS Employer
     of incorporation)                                       Identification No.)

5 Bissell Street, Lakeville, Connecticut                              06039-1868
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(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.
          --------------

          The Board of Directors of Salisbury Bancorp,  Inc., the parent company
          of  Salisbury  Bank and  Trust  Company,  declared  a $.24  per  share
          quarterly cash dividend for the first quarter of 2004.

          The  quarterly  cash  dividend  will  be  paid on  April  28,  2004 to
          shareholders of record as of March 31, 2004.

Item 7.   Financial Statements and Exhibits.
          ---------------------------------

          a. Not applicable
          b. Not applicable
          c. Exhibits.

          99. Press release dated March 1, 2004

Item 12.  Results of Operations and Financial Condition
          ---------------------------------------------

     On March 1, 2004,  Salisbury  Bancorp,  Inc. (the "Company") issued a press
release  announcing its financial  results for the year ended December 31, 2003.
The press  release is attached  as Exhibit  99.1 and is  incorporated  herein by
reference.

     The information in this report (including  Exhibit 99.1) is being furnished
pursuant  to Item 12 and  shall  not be deemed to be  "filed"  for  purposes  of
Section  18 of the  Securities  Exchange  Act of 1934  (the  "Exchange  Act") or
otherwise subject to the liabilities of that section,  nor shall it be deemed to
be  incorporated  by reference in any filing under the Securities Act of 1933 or
the Exchange Act.

     Exhibit Index                                                  Page
     -------------                                                  ----

              99.l     Press release dated March 1, 2004              3

     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:   March 2, 2004                     SALISBURY BANCORP, INC.


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

EX-99.1

                                  Exhibit 99.1


Monday, March 1, 2004

Company Press Release

Source: Salisbury Bancorp, Inc.

Salisbury Bancorp,  Inc. Announces Year End Net Income and an Increased Dividend
for Shareholders

Lakeville,  Connecticut,  March  1,  2004/PRNewswire...Salisbury  Bancorp,  Inc.
(AMEX:SAL),  the holding company for Salisbury Bank and Trust Company,  reported
fourth  quarter  net  income of  $795,000  or $.57 per  share and net  income of
$3,840,000  or $2.70  per share  for the year  ended  December  31,  2003.  This
compares  to fourth  quarter  net income of  $749,000  or $.52 per share and net
income of  $3,199,000  or $2.25 per share for the year ended  December 31, 2002.
The  improvement  in net income is  primarily  the result of an  increase in net
interest  and  dividend  income,  reductions  in interest  expense as well as an
increase in other non interest income.

During the year 2003,  Salisbury Bancorp,  Inc. declared cash dividends totaling
$.92 per common share  outstanding.  This compares to total  dividends  declared
during 2002 of $.88 per common share outstanding and represents a 4.55% increase
over 2002.  At their  February  27, 2004  meeting,  the  Directors  of Salisbury
Bancorp, Inc. declared a first quarter dividend of $.24 per share. This compares
to a $.23 per share cash  dividend  that was paid  during  the first  quarter of
2003. The $.24 per share dividend will be paid on April 28, 2004 to shareholders
of record as of March 31, 2004.

Salisbury  Bancorp,  Inc. is the holding  company for  Salisbury  Bank and Trust
Company,  which is a community bank operating  full service  banking  offices in
Canaan,  Lakeville,  Salisbury  and  Sharon,  Connecticut.  It  has  served  the
communities of Northwestern  Connecticut  and proximate  communities in New York
and Massachusetts for approximately 150 years.