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Salisbury Bancorp: 4Q Earnings Snapshot

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAL at https://www.zacks.com/ap/SAL