Washington, D.C. 20549

                                    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): September 10, 2004

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

         Connecticut                 0-24751                 06-1514263
(State or other jurisdiction       (Commission              (IRS Employer
    of incorporation)              File Number)           Identification No.)

 5 Bissell Street, Lakeville, Connecticut                         06039-1868
(Address of principal executive offices)                          (zip code)

Registrant's telephone number, including area code:  (860) 435-9801

          (Former Name or Former Address, if Changed Since Last Report)

Check the  appropriate  box below if the Form 8-K is intended to  simultaneously
satisfy the filing  obligations  of the  registrant  under any of the  following
provisions (see General Instructions A.2. below):

[_]  Written  communications  pursuant to Rule 425 under the  Securities Act (12
     C.F.R. 230.425)

[_]  Soliciting  material  pursuant  to Rule 14a-2  under the  Exchange  Act (17
     C.F.R. 240.14a-12)

[_]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 C.F.R. 240.14d-2(b))


[_]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 C.F.R. 240.13e-4(c))


Form 8-K, Current Report
Salisbury Bancorp, Inc.

Item 2.01. Completion of Acquisition or Disposition of Assets.

     On September 10, 2004,  Salisbury Bancorp,  Inc. (the "Company")  completed
the acquisition of Canaan National  Bancorp,  Inc.  ("Canaan") with and into the
Company  pursuant to the Agreement and Plan of Merger by and between the Company
and Canaan (the  "Merger  Agreement").  Also on that date,  the Canaan  National
Bank, a wholly-owned  subsidiary of Canaan,  merged with and into Salisbury Bank
and Trust Company, a wholly-owned subsidiary of the Company ("Salisbury Bank").

     Pursuant  to the Merger  Agreement,  each  shareholder  of Canaan  received
1.3371  shares of common  stock of the Company and $31.20 in cash for each share
of Canaan  common stock owned on September  10, 2004.  Fractional  shares of the
Company's  common stock were not issued but shareholders of Canaan were paid for
fractional shares at a price of $41.06 per share of Company Common Stock.

Item 5.02. Departure of Directors or Principal Officers;  Election of Directors;
Appointment of Principal Officers.

     Pursuant to the terms of the Merger Agreement, on September 10, 2004, Louis
E. Allyn,  II and Robert S.  Drucker,  former  directors of Canaan will serve as
directors of the Company and Salisbury Bank. The committee  assignments of these
new directors will be addressed at a future meeting of the Salisbury Board.

Item 8.01. Other Events.

     On September 10, 2004,  the Company  issued a press release to announce the
completion  of the  merger  described  in Item 2.01  above  and the  appointment
directors  described in Item 5.02 above. A copy of the press release is attached
as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

     (a)  Financial Statements of Businesses Acquired.

     The financial statements of Canaan required by this Item shall be filed for
the periods  specified  in Rule 3-05(b) of  Regulation  S-X by amendment to this
Form 8-K no later than November 26, 2004.

     (b)  Pro Forma Financial Information.

     The pro forma  financial  information  required  pursuant  to Article 11 of
Regulation  S-X  shall be  filed by  amendment  to this  Form 8-K no later  than
November 26, 2004.


     (c)  Exhibits.

          99.1 Press release dated September 10, 2004.


     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: September 10, 2004                  SALISBURY BANCORP, INC.

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


                                  Exhibit Index

99.1     Press Release dated September 10, 2004.