Salisbury Bancorp Inc. in Lakeville, Conn., has paid the Treasury Department $205,000 for a warrant tied to the Troubled Asset Relief Program.
The $619 million-asset company in March 2009 sold the Treasury a warrant to purchase 57,671 shares of common stock
Salisbury repurchased the preferred stock associated with Tarp in August. The company said it cancelled the warrant after its repurchase.