Salisbury Bancorp Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total interest and dividend income of $8,704,000 against $6,416,000 a year ago. Net interest and dividend income was $7,928,000 against $5,717,000 a year ago. Income before income taxes was $3,067,000 against $279,000 a year ago. Net income available to common shareholders was $2,129,000 against $196,000 a year ago. Diluted earnings per common share were $0.77 against $0.10 a year ago. Return on average assets was 0.94% against 0.11% a year ago. Return on average common shareholders' equity was 9.34 against 1.18% a year ago. Operating revenue was $9,983,000 against $7,617,000 a year ago. Book value per common share as at December 31, 2015 was $33.13 and tangible book value per common share - non-GAAP as at December 31, 2015 was $27.69.

For the full year, the company reported total interest and dividend income of $34,571,000 against $22,855,000 a year ago. Net interest and dividend income was $31,545,000 against $20,151,000 a year ago. Income before income taxes was $12,020,000 against $3,131,000 a year ago. Net income available to common shareholders was $8,298,000 against $2,355,000 a year ago. Diluted earnings per common share were $3.02 against $1.32 a year ago.

The company reported net loan charge-offs of $209,000 for the fourth quarter of 2015 compared to $190,000 for the fourth quarter of 2014.