NOTE 17 – STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Salisbury issued stock options in conjunction with its acquisition of Riverside Bank in 2014. The table below reflects the remaining outstanding options related to this transaction and presents a summary of the status of Salisbury's outstanding stock options

Salisbury issued stock options in conjunction with its acquisition of Riverside Bank in 2014. The table below reflects the remaining outstanding options related to this transaction and presents a summary of the status of Salisbury's outstanding stock options as of and for the year ended December 31, 2020:

Year ended December 31, 2020	Number of options			Weighted average exercise price		Weighted average remaining contractual term (in years)		Aggregate intrinsic value
Beginning of period		17,820		$	17.04
Granted		-			-
Exercised		(3,105	)		17.04
Forfeited or expired		-			-
End of period		14,715		$	17.04		3.00	$	297,684

Year ended December 31, 2019	Number of options			Weighted average exercise price		Weighted average remaining contractual term (in years)		Aggregate intrinsic value
Beginning of period		22,545		$	17.04
Granted		-			-
Exercised		(4,725	)		17.04
Forfeited or expired		-			-
End of period		17,820		$	17.04		4.00	$	510,187