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):     May 23, 2003
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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 ofincorporation)  (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 $.23  per  share
          quarterly cash dividend for the second quarter of 2003.

          The  quarterly  cash  dividend  will  be  paid  on  July  25,  2003 to
          shareholders of record as of June 30, 2003.

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

          99. Press release dated May 23, 2003

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

          99. Press release dated May 23, 2003                            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:   May 23, 2003                          SALISBURY BANCORP, INC.


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