UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): September 19, 2006
SLADE'S FERRY BANCORP
(Exact name of registrant as specified in its charter)
Massachusetts 000-23904 04-3061936
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
100 Slade's Ferry Avenue, PO Box 390, Somerset, Massachusetts 02726
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 675-2121
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
(d) On September 19, 2006, Slade's Ferry Bancorp (the "Company") appointed
William J. Piccerelli to the Company's Board of Directors. Mr.
Piccerelli, age 61, is a certified public accountant and a founder of and
partner in the accounting firm of Piccerelli, Gilstein & Co., LLP in
Providence, Rhode Island.
Mr. Piccerelli will serve on the Company's Audit Committee. The Company's
Board of Directors has determined that Mr. Piccerelli qualifies as an
"audit committee financial expert" as defined by the rules and
regulations of the Securities and Exchange Commission.
A copy of the Company's press release announcing the foregoing is
attached is Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press release of Slade's Ferry Bancorp dated September 25, 2006.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SLADE'S FERRY BANCORP
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(Registrant)
By: /s/ Deborah A. McLaughlin
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Name: Deborah A. McLaughlin
Title: Executive Vice President and Chief
Financial Officer/Chief Operations
Officer
Date: September 25, 2006