-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IhDC+nXNrouqWY+Eth6kLOSz8XzJUso10N5+5c+4d5RRXmBL+tQCPKtsBXBN2w4i NJk96QjWNpncHgNt9lKU6A== 0000914317-04-003183.txt : 20040820 0000914317-04-003183.hdr.sgml : 20040820 20040820130454 ACCESSION NUMBER: 0000914317-04-003183 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040819 ITEM INFORMATION: Other events FILED AS OF DATE: 20040820 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALISBURY BANCORP INC CENTRAL INDEX KEY: 0001060219 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 061514263 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24751 FILM NUMBER: 04988300 BUSINESS ADDRESS: STREET 1: 5 BISSELL ST CITY: LAKEVILLE STATE: CT ZIP: 06039-1868 BUSINESS PHONE: 8604359801 MAIL ADDRESS: STREET 1: 5 BISSELL ST CITY: LAKEVILLE STATE: CT ZIP: 06039-1868 8-K 1 form8k-62539_salisbury.txt 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 19, 2004 ------------------ SALISBURY BANCORP, INC. ----------------------- (Exact name of registrant as specified in charter) Connecticut 06-1514263 - ------------------------------------- ------------------------------------------ (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 -------------- Form 8-K, Current Report Salisbury Bancorp, Inc. Item 5. Other Events and Required FD Disclosure. --------------------------------------- On August 19, 2004, Salisbury Bancorp, Inc. (the "Company") issued a press release announcing that at a meeting of shareholders held on August 17, 2004, Canaan National Bancorp, Inc. voted to approve the Merger of The Canaan National Bank with and into Salisbury Bancorp, Inc. This proposed merger was announced on November 18, 2003, and is expected to be consummated on or about September 10, 2004. The press release is attached as Exhibit 99.1 and is incorporated herein by reference. Exhibit Index ------------- 99.1 Press Release dated August 19, 2004 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 19, 2004 SALISBURY BANCORP, INC. By: /s/ John F. Perotti ------------------------------- John F. Perotti, President and Chief Executive Officer 3 EX-99.1 2 exhibit99-1.txt EXHIBIT 99.1 ------------ SALISBURY BANCORP, INC. ANNOUNCES APPROVAL OF MERGER BY SHAREHOLDERS OF CANAAN NATIONAL BANCORP, INC. (Lakeville, CT). August 19, 2004. Salisbury Bancorp, Inc. (AMEX:SAL), the holding company for Salisbury Bank and Trust Company announced that at a meeting on August 17, 2004, the Shareholders of Canaan National Bancorp, Inc. voted to approve the Merger of Canaan National Bancorp, Inc. with and into Salisbury Bancorp, Inc. At the Meeting, Shareholders of Canaan National Bancorp, Inc. voted to approve the merger. At such meeting, shareholders owning 82.3% of the total shares outstanding voted to approve the merger, which represented over 98% of the shares represented in person or by proxy at the meeting. John F. Perotti, President and Chief Executive Officer of Salisbury Bancorp, Inc. stated "We look forward to consummating the combination of Salisbury and Canaan. We expect the combination to be completed September 10, 2004. We believe the combination of these two community based institutions will be beneficial to our respective shareholders, customers and employees, as well as the communities which we serve." Salisbury Bancorp, Inc.'s sole subsidiary, Salisbury Bank and Trust Company, is an independent community bank with assets in excess of $300 million and capital in excess of $27 million, which has served the communities of northwestern Connecticut and proximate communities in New York and Massachusetts for approximately 150 years. Salisbury Bank and Trust Company is headquartered in Lakeville, Connecticut and operates full service branches in Canaan, Salisbury and Sharon, Connecticut. The Bank offers a full compliment of consumer and business banking products and services as well as trust services. 3 Statements contained in this news release contain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and expectations of management as well as the assumption made using information currently available to management. Since these statements reflect the views of management concerning future events, these statements involve risks, uncertainties and assumptions, including among others: changes in market interest rates and general and regional economic conditions; changes in government regulations; changes in accounting principles; and the quality or composition of the loan and investment portfolios and other factors that may be described in the Company's quarterly reports of Form 10-Q and its annual report on Form 10-K, each filed with the Securities and Exchange Commission, which are available at the Securities and Exchange Commission's internet website (www.sec.gov) and to which reference is hereby made. Therefore, actual futures results may different significantly from results discussed in the forward looking statements. 4 -----END PRIVACY-ENHANCED MESSAGE-----