LAKEVILLE, Conn. (AP) _ Salisbury Bancorp Inc. (SAL) on Friday reported fourth-quarter profit of $3 million.
The bank, based in Lakeville, Connecticut, said it had earnings of $1.06 per share.
The bank holding company posted revenue of $13.1 million in the period. Its revenue net of interest expense was $11.1 million, topping Street forecasts.
For the year, the company reported profit of $11 million, or $3.93 per share. Revenue was reported as $43.4 million.
Salisbury Bancorp shares have fallen 3% since the beginning of the year. The stock has increased 15% in the last 12 months.