Preferred Stock

Announce Date Offering Type Status Private Placement? Coupon (%) Shares Offered Offering Size ($000)
8/25/2011 Private Placement - Preferred Stock Priced 8/25/2011 Yes - 16,000 16,000
 
7/24/2009 Shelf Registration Terminated No - 8,816 8,816
 
1/16/2009 Private Placement - Preferred Stock Priced 3/13/2009 Yes - 8,816 8,816
 

Subordinated Debt


Announce Date Private Placement? Coupon (%) Maturity Date YTM (%) Offering Size ($000)
12/10/2015 Yes - 12/15/2025 - 10,000
 

Note: Capital Offerings information is comprehensive for securities issued on or after January 1, 2000.
Company Name Salisbury Bancorp, Inc.
Offering Type Private Placement - Preferred Stock
Description Variable rate series B non-cumulative perpetual preferred stock issued through the SBLF, $0.01 par value
Currency of Issue USD
 
Announcement Date 8/25/2011
Trade Date 8/25/2011
Settlement Date 8/25/2011
Completion Date 8/25/2011
 
144a? No
Mandatory Redemption? No
Convertible? No
Exchange for Existing Issue? No

Use of Proceeds
The net proceeds from this offering will be used to repay preferred stock of the company issued under TARP.

Pricing
Offer Price ($) 1,000.00
Gross Amount Offered ($000) 16,000
Amount Including Overallotment ($000) 16,000
Shares Offered 16,000
Total Shares Offered 16,000
Company Name Salisbury Bancorp, Inc.
Offering Type Shelf Registration
Description Variable rate series A senior cumulative perpetual preferred stock issued under TARP, $0.01 par value
Currency of Issue USD
 
Announcement Date 7/24/2009
Termination Date 8/25/2011
 
144a? No
Mandatory Redemption? No
Convertible? No
Exchange for Existing Issue? No

Pricing
Gross Amount Offered ($000) 8,816
Amount Including Overallotment ($000) 8,816
Shares Offered 8,816
Total Shares Offered 8,816

Professionals
Issuer's Counsel Carnmore FitzGerald & Meaney
Auditor(s) Shatswell, MacLeod & Company, P.C.

Selling Securityholders
Shares Offered By Shareholders 8,816

Company Name Salisbury Bancorp, Inc.
Offering Type Private Placement - Preferred Stock
Description Variable rate series A senior cumulative perpetual preferred stock issued under TARP, $0.01 par value
Currency of Issue USD
 
Announcement Date 1/16/2009
Trade Date 3/13/2009
Settlement Date 3/13/2009
Completion Date 3/13/2009
 
144a? No
Mandatory Redemption? No
Convertible? No
Exchange for Existing Issue? No

Pricing
Offer Price ($) 1,000
Gross Amount Offered ($000) 8,816
Amount Including Overallotment ($000) 8,816
Shares Offered 8,816
Total Shares Offered 8,816


Company Name Salisbury Bancorp, Inc.
Offering Type Subordinated Debt
Description FXD-FRN SUB PIDI 15/12/2025 USD (144A)
ISIN US795226AA76
Currency of Issue USD
 
Announcement Date 12/10/2015
Completion Date 12/10/2015
 
144a? Yes
Mandatory Redemption? Yes
Convertible? No
Exchange for Existing Issue? No

Use of Proceeds
The company intends to use the net proceeds from this offering to redeem the non-cumulative, perpetual preferred stock, series B issued to the United States Treasury in connection with the company's participation in the Small Business Lending Fund program.

Underwriters Shares Underwritten Amount Underwritten ($000)
Placement Agent(s)
Sandler O'Neill & Partners, L.P. - 10,000

Pricing
Gross Amount Offered ($000) 10,000
Amount Including Overallotment ($000) 10,000
Minimum Denominations/Increments 100,000/1,000

Professionals
Issuer's Counsel Cranmore FitzGerald & Meaney
Underwriter's Counsel Covington & Burling LLP