Washington, D.C.  20549

                                  FORM 8-K

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

Date of Report (Date of earliest event reported)   October 21, 2003

Commission file number   33-47248

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

Massachusetts                                         04-3061936
-------------------------------                       ----------------------
(State or other jurisdiction of                       (I.R.S. Employer
incorporation or organization)                        Identification Number)

100 Slade's Ferry Avenue
PO Box 390                                            02726
Somerset, Massachusetts                               ----------
----------------------------------------              (Zip Code)
(Address of Principal Executive Offices)

            (Registrant's Telephone Number, including Area Code)

        (Former name or former address, if changed since last report)

Item 7.  Financial Statements and Exhibits

(c)   Exhibits - See Exhibit Index.

Item 9 and 12.  Results of Operation and Financial Condition

      Slade's Ferry Bancorp issued a press release October 21, 2003
disclosing certain information concerning its third quarter results of
operation and financial condition.  A copy of that press release is attached
as an exhibit hereto.


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, thereunto duly authorized.

                                       SLADE'S FERRY BANCORP

October 21, 2003                       By /s/ Deborah A. McLaughlin
-------------------------                 ---------------------------------
(Date)                                 Deborah A. McLaughlin
                                       Vice President and Chief Financial

                                EXHIBIT INDEX

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

20.1            October 21, 2003 press release announcing certain
                information covering third quarter results of operation and
                financial condition