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 25, 2002
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                             SALISBURY BANCORP, INC.
                             -----------------------
               (Exact name of registrant as specified in charter)


                 Connecticut                               06-1514263
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(State or other jurisdiction of incorporation) (IRSEmployer 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
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Form 8-K, Current Report
Salisbury Bancorp, Inc.

Item 5.           Other Matters.
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                    The Board of  Directors  of  Salisbury  Bancorp,  Inc.,  the
                    parent company of Salisbury Bank and Trust Company, declared
                    a $.22 per  share  quarterly  cash  dividend  for the  first
                    quarter of 2002.

                    The  quarterly  cash dividend will be paid on April 26, 2002
                    to shareholders of record as of March 29, 2002.

Item 7.     Financial Statements, Pro Forma Financial Information and Exhibits.
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    c.       Exhibits.

    99.      Press release dated February 27, 2002

    Exhibit Index                                                   Page
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    99.      Press release dated February 27, 2002                   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:   February 27, 2002                   SALISBURY BANCORP, INC.


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




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