UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                       ______________________________

                                  FORM 8-K

                               CURRENT REPORT
                   PURSUANT TO SECTION 13 OR 15(d) OF THE
                       SECURITIES EXCHANGE ACT OF 1934

                       ______________________________

     Date of Report (Date of earliest event reported): January 25, 2005


                           SLADE'S FERRY BANCORP.
           (Exact name of registrant as specified in its charter)


       Massachusetts                 000-23904               04-3061936
(State or other jurisdiction        (Commission            (IRS Employer
      of incorporation)             File 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 2.01   Results of Operations and Financial Condition

      Slade's Ferry Bancorp. issued a press release on January 25, 2005 
disclosing certain information concerning its fourth quarter and fiscal 
year 2004 results of operation and financial condition. A copy of that 
press release is attached as Exhibit 99.1 hereto

Item 9.01   Financial Statements and Exhibits

(c)   The following exhibit is furnished with this Report:

      Exhibit No.    Description
      -----------    -----------

      99.1           Press release issued by Slade's Ferry Bancorp. on 
                     January 25, 2005.


  


                                 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.

                                       SLADES FERRY BANCORP.
                                       ---------------------
                                       (REGISTRANT)


                                       By:     /s/ Deborah A. McLaughlin
                                               ----------------------------
                                       Name:   Deborah A. McLaughlin
                                       Title:  Treasurer/Vice President and 
                                               Chief Financial Officer

Date: January 25, 2005


  


                                EXHIBIT INDEX

Exhibit No.    Description
-----------    -----------

    99.1       Press Release dated January 25, 2005