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):     November 25, 2002
                                                      -----------------

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


                 Connecticut                               06-1514263
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(State or other jurisdiction of incorporation) (IRS Employer 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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                                                                  -2-
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 fourth quarter of 2002.

             The  quarterly  cash dividend will be paid on January 31, 2003 to
             shareholders of record as of December 31, 2002.

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

             c.  Exhibits.

             99. Press release dated December 10, 2002

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

             99. Press release dated December 10, 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:   December 10, 2002                 SALISBURY BANCORP, INC.


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

                                                                  -3-


Tuesday, December 10, 2002

Company Press Release

Source: Salisbury Bancorp, Inc.

Salisbury Bancorp, Inc. Announces Fourth Quarter Dividend

Lakeville, Connecticut, December 10, 2002/PRNewswire/- The Board of Directors of
Salisbury  Bancorp,  Inc.  (AMEX:SAL),  the parent company of Salisbury Bank and
Trust Company, declared a $.22 per common share quarterly cash dividend at their
November 25, 2002 meeting. Dividends year-to-date for 2002 total $.88 per common
share.  This  represents an increase of $.04 or 4.8% when comparing the $.84 per
share  cash  dividends  that  were paid  during  the same  period  of 2001.  The
quarterly  cash  dividend  will be paid on January 31, 2003 to  shareholders  of
record as of December 31, 2002.

Salisbury  Bancorp's sole  subsidiary,  Salisbury  Bank and Trust Company,  is a
community  bank with  assets in excess of $285  million and capital in excess of
$26 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  operates  full  service  banking  offices in
Canaan,  Lakeville,  Salisbury and Sharon,  Connecticut.  The Bank offers a full
compliment  of consumer  and business  banking  products and services as well as
trust services.