Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Interest | $3.8M3 | $4.2M4 | $7.2M5 | $9.3M6 | $5.3M7 | $3.4M7 | $5.0M7 | |
| Income before tax | $20.7M7 | $19.4M7 | ||||||
| Income tax | $2.6M3 | $2.9M4 | $1.7M5 | $2.4M6 | $2.5M7 | $4.3M7 | $3.5M7 | |
| Net income | $6.7M3 | $6.3M4 | $8.8M5 | $11.1M6 | $11.9M7 | $16.5M7 | $15.9M7 | |
| Earnings per share | $2.433 | $2.254 | $3.155 | $3.956 | $2.117 | $2.887 | $2.757 | |
| Earnings per share (diluted) | $2.413 | $2.244 | $3.135 | $3.936 | $2.107 | $2.867 | $2.747 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash | $35.5M4 | $48.5M5 | $58.4M6 | $26.9M7 | $93.2M7 | $175.3M7 | $50.5M7 | |
| Property, plant and equipment | $22.6M7 | $22.1M7 | ||||||
| Goodwill | $13.8M7 | $13.8M7 | ||||||
| Intangible assets | $418.0K7 | $227.0K7 | ||||||
| Total assets | $935.4M10 | $987.0M3 | $1.1B4 | $1.1B5 | $1.3B6 | $1.5B7 | $1.5B7 | |
| Total liabilities | $841.4M10 | $889.5M3 | $1.0B4 | $998.8M5 | $1.2B6 | $1.4B7 | $1.4B7 | |
| Retained earnings | $90.0M7 | $102.2M7 | ||||||
| Shareholders’ equity | $94.0M4 | $97.5M5 | $103.5M6 | $113.7M7 | $124.8M7 | $136.6M7 | $128.4M7 | |
| Shares outstanding | 2.8M shares10 | 2.8M shares3 | 2.8M shares4 | 2.8M shares5 | 2.8M shares6 | 5.7M shares7 | 5.8M shares7 | 5.8M shares7 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $11.3M3 | $10.2M4 | $13.3M5 | $14.3M6 | $13.8M7 | $18.0M7 | $27.4M7 | |
| Depreciation and amortization | $4.1M7 | $4.3M7 | ||||||
| Capital spending | $1.3M3 | $2.0M4 | $1.4M5 | $2.1M6 | $4.4M7 | $2.3M7 | $849.0K7 | |
| Free cash flow | $10.0M | $8.3M | $11.9M | $12.3M | $9.4M | $15.7M | $26.6M | |
| Cash from investing | -$153.2M7 | -$168.7M7 | ||||||
| Dividends paid | $3.1M3 | $3.1M4 | $3.1M5 | $3.2M6 | $3.3M7 | $3.5M7 | $3.7M7 | |
| Cash from financing | $217.3M7 | $16.5M7 | ||||||
| Dividend per share | $1.123 | $1.124 | $1.125 | $1.126 | $0.587 | $0.617 | $0.647 |
Corporate structure
SALISBURY BANCORP, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SALISBURY BANCORP, INC.
- FJ Capital Management LLC Filed SC 13G/A on SALISBURY BANCORP, INC., latest Feb 7, 2024 (3 filings since Feb 10, 2022)
- SALISBURY BANCORP, INC. Lakeville, Connecticut
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SALISBURY BANCORP, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $22.1M7 Dec 31, 2022 | $22.6M7 Dec 31, 2021 | −2.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $50.5M7 Dec 31, 2022 | $175.3M7 Dec 31, 2021 | −71.2% |
| Loans, net of allowance | $1.2B7 Dec 31, 2022 | $1.1B7 Dec 31, 2021 | +13.8% |
Intangibles and goodwill
Leadership
Who has led SALISBURY BANCORP, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerRichard J. Cantele Jr. Feb 12, 2010 to Aug 14, 202311
- Chief executive officerJohn F. Perotti Feb 3, 2006 to Feb 17, 200912
- ChairMichael A. Varet May 14, 2010 to May 18, 201613
- ChairJohn F. Perotti Feb 3, 2006 to Feb 17, 200912
- PresidentJohn Matthew Davies Dec 9, 2014 to Aug 14, 202314
- PresidentRichard J. Cantele Jr. Feb 3, 2006 to Aug 14, 202315
- Chief financial officerPeter Albero Oct 17, 2017 to Aug 14, 202316
- Chief financial officerDonald E. White Apr 4, 2013 to Feb 2, 201617
- Chief operating officerStephen J. Scott May 10, 2022 to Aug 14, 202318
- Chief operating officerJames E. Cotter Feb 2, 2016 to Feb 13, 201919
- Chief operating officerRichard J. Cantele Jr. Feb 3, 2006 to Jan 30, 200815
Board members and other officers (25)
- EVP, CCLOTodd J. Rubino Jan 3, 2022 to Aug 14, 202320
- EVP, Chief Credit OfficerCarla L. Balesano Jul 28, 2020 to Aug 14, 202321
- EVP, Chief Retail Bkg OfficerAmy D. Raymond Feb 28, 2019 to Aug 14, 202322
- SVP, Head of TrustSteven M. Essex May 28, 2015 to Aug 14, 202323
- EVP & Chief Retail OfficerElizabeth A. Summerville May 16, 2014 to Aug 14, 202324
- EVP & Chief Risk OfficerTodd M. Clinton May 16, 2014 to Aug 14, 202325
- Board memberPaul S. Hoffner May 21, 2021 to Aug 14, 202326
- Board memberGrace E. Schalkwyk Nov 27, 2019 to Aug 14, 202327
- Board memberNeila B. Radin Nov 27, 2019 to Aug 14, 202328
- Board memberJohn Matthew Davies Jan 9, 2017 to Jan 9, 201729
- Board memberCharles M. Andola Dec 11, 2014 to Jun 2, 202030
- Board memberMichael D. Gordon Dec 11, 2014 to Sep 11, 201931
- Board memberPolly Diane Hoe Dec 11, 2014 to Jun 4, 201932
- Board memberRudolph P. Russo Dec 11, 2014 to May 18, 201633
- Board memberDavid B. Farrell Jul 5, 2012 to Aug 14, 202334
- Board memberJohn F. Perotti Feb 12, 2010 to Jun 2, 202035
- Board memberArthur J. Bassin Jun 29, 2010 to Aug 14, 202336
- Board memberRichard J. Cantele Jr. Feb 8, 2007 to Aug 14, 202337
- Board memberJohn R. H. Blum Feb 3, 2006 to May 23, 201138
- Board memberLouis E. Allyn Ii. Feb 3, 2006 to May 29, 201839
- Board memberLouise F. Brown Feb 3, 2006 to May 1, 201740
- Board memberNancy F. Humphreys Feb 3, 2006 to Feb 6, 202341
- Board memberRobert S. Drucker Feb 3, 2006 to May 18, 201642
- Board memberMichael A. Varet May 11, 2006 to May 29, 201843
- General counselJohn Matthew Davies Feb 2, 2016 to Aug 14, 202344
Former names
- SALISBURY BANCORP INCSep 10, 1998 to Apr 21, 20212
Timeline
- Aug 14, 20238-K Entered a material agreement; Completed an acquisition or sale; Listing notice or transfer45
- Jul 26, 20238-K Results of operations; Regulation FD disclosure46
- Jul 11, 20238-K Other events47
- Apr 26, 20238-K Results of operations; Regulation FD disclosure48
- Apr 13, 20238-K Shareholder vote49
- Apr 13, 20238-K Regulation FD disclosure50
- Apr 12, 20238-K Regulation FD disclosure51
- Apr 3, 20238-K Other events52
- Jan 25, 20238-K Results of operations; Regulation FD disclosure53
- Dec 5, 20228-K Entered a material agreement; Other events54
- Oct 19, 20228-K Results of operations; Regulation FD disclosure55
- Aug 11, 20228-K Executive or director change56
- Feb 12, 2010New chief executive Richard J. Cantele Jr. becomes CEO11
- Feb 3, 2006New chief executive John F. Perotti becomes CEO12
Calendar
When it reported results
- Jul 26, 2023Reported quarterly or annual results46
- Apr 26, 2023Reported quarterly or annual results48
- Jan 25, 2023Reported quarterly or annual results53
- Oct 19, 2022Reported quarterly or annual results55
- Jul 20, 2022Reported quarterly or annual results57
- Apr 20, 2022Reported quarterly or annual results58
- Jan 26, 2022Reported quarterly or annual results59
- Oct 20, 2021Reported quarterly or annual results60
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
114 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 28 major events, 60 insider forms, 3 large holders, 15 other. The latest 20:
- Feb 7, 2024SC 13G/A EDGAR
- Aug 24, 202315-12G EDGAR
- Aug 15, 2023EFFECT EDGAR
- Aug 15, 2023EFFECT EDGAR
- Aug 14, 20238-K EDGAR
- Aug 14, 202325-NSE EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
- Aug 14, 20234 EDGAR
The 114 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
5 open-market trades by officers, directors and large owners since October 2021: 1 buys and 4 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 8, 2022 | ESSEX STEVEN MEVP and Head of Trust | Sale | 700 | $52.12 | $36.5K | Form 4 |
| May 9, 2022 | ESSEX STEVEN MEVP and Head of Trust | Sale | 177 | $49.66 | $8.8K | Form 4 |
| Feb 8, 2022 | Rubino Todd JEVP, Chief Comm. Lndg. Off. | Sale | 255 | $57.50 | $14.7K | Form 4 |
| Feb 7, 2022 | Rubino Todd JEVP, Chief Comm. Lndg. Off. | Sale | 1,000 | $56.50 | $56.5K | Form 4 |
| Oct 28, 2021 | Hoffner Paul SDirector | Buy | 576 | $52.20 | $30.1K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- FJ Capital Management LLCSC 13G/A, 3 filings Feb 10, 2022 to Feb 7, 202461
SEC filer profile
How SALISBURY BANCORP, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSALISBURY BANCORP, INC.1
- CIK0001060219
- Employer ID (EIN)06-15142631
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inConnecticut1
- Fiscal year endsDecember 311
- Industry code (SIC)6035 Savings Institution, Federally Chartered1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address5 Bissell St, Po Box 1868, Lakeville, CT 06039-18681
- Phone86043598011
- Shares outstanding5,806,119 as of Aug 2, 20239
- Public float$126.1M as of Jun 30, 20227
- On EDGAR sinceApr 23, 19981
- Filings1,029 in all: 4 (377), 8-K (283), 5 (100), 10-Q (69), 3 (26), DEF 14A (25), 10-K (23), 4/A (13)1
All 45 form types
ARS (12), 425 (11), 8-K/A (11), SC 13G/A (8), 10QSB (6), UPLOAD (6), 424B3 (5), PRE 14A (5), EFFECT (4), SC 13G (4), CORRESP (3), DEFA14A (3), S-4/A (3), S-8 (3), S-8 POS (3), 10KSB (2), D (2), POS AM (2), S-4 (2), 10-Q/A (1), 10KSB/A (1), 15-12G (1), 25 (1), 25-NSE (1), 8-A12B (1), 8-A12G (1), 8-A12G/A (1), CERTNAS (1), DEFM14A (1), DEFR14A (1), PRER14A (1), S-3 (1), S-3/A (1), S-3D (1), S-4 POS (1), S-4EF (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Mar 10, 2023
Quarterly report (10-Q) Aug 9, 2023
Proxy statement (DEF 14A) Apr 8, 2022
Latest 8-K (8-K) Aug 14, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARMichael A. Varet, Chair
- 14SEC EDGARJohn Matthew Davies, President
- 15SEC EDGARRichard J. Cantele Jr., President
- 16
- 17
- 18
- 19
- 20SEC EDGARTodd J. Rubino, EVP, CCLO
- 21
- 22
- 23SEC EDGARSteven M. Essex, SVP, Head of Trust
- 24
- 25
- 26SEC EDGARPaul S. Hoffner, Board member
- 27SEC EDGARGrace E. Schalkwyk, Board member
- 28SEC EDGARNeila B. Radin, Board member
- 29SEC EDGARJohn Matthew Davies, Board member
- 30SEC EDGARCharles M. Andola, Board member
- 31SEC EDGARMichael D. Gordon, Board member
- 32SEC EDGARPolly Diane Hoe, Board member
- 33SEC EDGARRudolph P. Russo, Board member
- 34SEC EDGARDavid B. Farrell, Board member
- 35SEC EDGARJohn F. Perotti, Board member
- 36SEC EDGARArthur J. Bassin, Board member
- 37SEC EDGARRichard J. Cantele Jr., Board member
- 38SEC EDGARJohn R. H. Blum, Board member
- 39SEC EDGARLouis E. Allyn Ii., Board member
- 40SEC EDGARLouise F. Brown, Board member
- 41SEC EDGARNancy F. Humphreys, Board member
- 42SEC EDGARRobert S. Drucker, Board member
- 43SEC EDGARMichael A. Varet, Board member
- 44SEC EDGARJohn Matthew Davies, General counsel
- 45
- 46
- 47SEC EDGAROther events
- 48
- 49SEC EDGARShareholder vote
- 50SEC EDGARRegulation FD disclosure
- 51SEC EDGARRegulation FD disclosure
- 52SEC EDGAROther events
- 53
- 54
- 55
- 56SEC EDGARExecutive or director change
- 57
- 58
- 59
- 60
- 61