Salisbury Bancorp (SAL) Reports Q1 EPS of $0.81

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Salisbury Bancorp, Inc. Reports Results for First Quarter 2015; Declares 28 Cent Dividend

April 24, 2015 2:30 PM EDT

LAKEVILLE, Conn., April 24, 2015 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. ("Salisbury"), NASDAQ Capital Market: (Nasdaq: SAL), the holding company for Salisbury Bank and Trust Company (the "Bank"), announced results for its first quarter ended March 31, 2015.

Net income available to common shareholders was $2,194,000, or $0.81 per common share, for the first quarter ended March 31, 2015 (first quarter 2015), compared with $196,000, or $0.10 per common share, for the fourth quarter ended December 31, 2014 (fourth quarter 2014), and $505,000, or $0.29 per common share, for the first quarter ended March 31, 2014 (first quarter 2014).

Selected First Quarter 2015 Financial Highlights

As a result of the acquisition being completed... More