LAKEVILLE, Conn. (AP) _ Salisbury Bancorp Inc. (SAL) on Wednesday reported fourth-quarter net income of $2.8 million.

The bank, based in Lakeville, Connecticut, said it had earnings of 98 cents per share.

The bank holding company posted revenue of $13.2 million in the period. Its revenue net of interest expense was $12.3 million, surpassing Street forecasts.

For the year, the company reported profit of $11.8 million, or $4.20 per share. Revenue was reported as $48.5 million.

Salisbury Bancorp shares have dropped slightly more than 3% since the beginning of the year. The stock has declined 17% in the last 12 months.

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

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