WASHINGTON, D.C.  20549

                                 FORM 8-K/A

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

      Date of Report (Date of earliest event reported): March 14, 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))

Explanatory Note

The registrant filed a Current Report on Form 8-K dated March 14, 2005 to 
report the decision of the Registrant's Audit Committee to replace the 
registrant's registered public accounting firm.  This amendment is being 
filed to update the information as of the date hereof. 

Item 4.01  Changes in Registrant's Certifying Accountant.

      The reports issued by Shatswell, MacLeod & Company, P.C. 
("Shatswell") on the consolidated financial statements of the Registrant 
for both of the two most recent fiscal years (2004 and 2003) did not 
contain any adverse opinion or a disclaimer of opinion, or any 
qualification or modification as to uncertainty, audit scope or accounting 
principles.  During the Registrant's two most recent fiscal years (2004 and 
2003) and through the date hereof, there were no disagreements with 
Shatswell on any matter of accounting principles or practices, financial 
statement disclosure, or auditing scope or procedure, which, if not 
resolved to the satisfaction of Shatswell, would have caused Shatswell to 
make reference to the subject matter of the disagreement in connection with 
its reports.

      The Company provided Shatswell with a copy of the foregoing 
disclosures and requested in writing that Shatswell furnish it with a 
letter addressed to the Securities and Exchange Commission stating whether 
or not it agrees with such disclosures.  The confirming letter from 
Shatswell is attached as Exhibit 16.1 hereto.

Item 9.01  Financial Statements and Exhibits

(c)   Exhibits

        16.1      Letter from Shatswell MacLeod & Company, P.C. to the 
                  Securities and Exchange Commission dated March 30, 2005.


      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.

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

Date: March 30, 2005

                                EXHIBIT INDEX

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

   16.1        Letter from Shatswell, MacLeod & Company, P.C. to the 
               Securities and Exchange Commission dated March 30, 2005.