Salisbury Bancorp Inc. (SAL) reported that its fourth-quarter net income available to common shareholders was $1.18 million or $0.70 per share, up from $1.12 million or $0.67 per share in the year ago quarter.
Net interest and dividend income increased to $4.74 million from $4.44 million in the year ago quarter. Non-interest income increased to $1.69 million from $1.62 million in the year ago quarter.
Salisbury Bancorp said that its board declared a $0.28 per common share quarterly cash dividend at their January 27, 2012 meeting. The dividend will be paid on February 24, 2012 to shareholders of record as of February 10, 2012.
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