-----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, MLzR4WJc0mHkZLzRyjuAOF/SZ6DT8tNnbm/OeGYKfEpnq3rTKzKB+puQfUawvixA UTtRuR6VT6WX7e6xBhZwww== 0000914317-09-000110.txt : 20090116 0000914317-09-000110.hdr.sgml : 20090116 20090116164905 ACCESSION NUMBER: 0000914317-09-000110 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090116 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090116 DATE AS OF CHANGE: 20090116 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: 09532065 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-96830_sal.txt UNITED STATES 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): January 16, 2009 ------------------------------ SALISBURY BANCORP, INC. ------------------------------------------ (Exact name of registrant as specified in charter) Connecticut 000-24751 06-1514263 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) 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 -------------- - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below): [_] Written communications pursuant to Rule 425 under the Securities Act (12 C.F.R. 230.425) [X] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 C.F.R. 240.14a-12) [_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 C.F.R. 240.14d-2(b)) [_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 C.F.R. 240.13e-4(c)) Form 8-K, Current Report Salisbury Bancorp, Inc. Section 8. Other Events Item 8.01. Other Events. - ---------------------------- On January 16, 2009, Salisbury Bancorp, Inc. issued a press release related to the receipt of preliminary approval to participate in the Treasury's Capital Purchase Program. A copy of such press release is attached hereto as Exhibit 99.1. Section 9. Financial Statements and Exhibits Item 9.01. Financial Statements and Exhibits. - ------------------------------------------------ (a) Not Applicable. (b) Not Applicable. (c) Not Applicable. (d) Exhibits 99.1 Press Release dated January 16, 2009. SIGNATURES 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 hereunto duly authorized. Dated: January 16, 2009 SALISBURY BANCORP, INC. By: /s/ John F. Foley ------------------------------- John F. Foley Chief Financial Officer -2- EX-99.1 2 ex99-1.txt Exhibit 99.1 Company Press Release Source: Salisbury Bancorp, Inc. Friday, January 16, 2009 Salisbury Contact: John F. Perotti-Chairman and Chief Executive Officer (860) 435-9801 x 1001 or jp@salisburybank.com FOR IMMEDIATE RELEASE Salisbury Bancorp, Inc. Announces Preliminary Approval of Participation in Treasury's Capital Purchase Program Lakeville, Connecticut, January 16, 2009/PRNewswire... Salisbury Bancorp, Inc. (NYSE Alternext US:SAL)(the "Company"), the holding company for Salisbury Bank and Trust Company, announced today that the Company has received preliminary approval from the U.S. Treasury to participate in the Treasury's Capital Purchase Program in the amount of Eight Million, Eight Hundred Sixteen Thousand Dollars ($8,816,000). If the Company participates in the Treasury's Capital Purchase Program, it will issue to the U.S. Treasury Preferred Stock and Warrants to purchase Common Stock. If the Company determines to participate in the Treasury's Capital Purchase Program, it will be necessary to hold a meeting of shareholders to consider approval of an amendment to the Company's Certificate of Incorporation to authorize shares of Preferred Stock. There can be no assurance that the Company will participate in the Treasury's Capital Purchase Program or if it does, the amount of its participation. The terms of participation in the Capital Purchase Program and of any securities to be issued may be viewed at www.treasury.gov/initiatives/eesa. This press release is not a request to execute or not execute, or to revoke, a proxy. Shareholders are advised to read the proxy statement for any meeting should it become available because it would contain important information. Any such proxy statement would be available for free at the Securities and Exchange Commission's website at www.sec.gov. The Company would also provide a copy of any definitive proxy statement for free when it becomes available upon written request to John F. Foley, Chief Financial Officer, Treasurer & Secretary, Salisbury Bancorp, Inc., P. O. Box 1868, Lakeville, Connecticut 06039-1868. Salisbury Bancorp's sole subsidiary, Salisbury Bank and Trust Company, is a community bank. The Company has assets in excess of $480 million and capital in excess of $38 million and 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 as well as Lakeville, Connecticut, South Egremont and Sheffield, Massachusetts -3- and Dover Plains, New York. The Bank offers a full complement of consumer and business banking products and services as well as trust and wealth advisory services. 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 assumptions made using information currently available to management. Because 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 on 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 future results may differ significantly from results discussed in the forward- looking statements. -4- -----END PRIVACY-ENHANCED MESSAGE-----