UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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): November 29, 2007
                                                         -----------------

                     FIRST LITCHFIELD FINANCIAL CORPORATION
                     --------------------------------------
               (Exact name of Registrant as Specified in Charter)

         Delaware                      0-28815                06-1241321
         --------                      -------                ----------
State or other Jurisdiction    (Commission File Number)     (IRS Employer
     of Incorporation)                                    Identification No.)

           13 North Street, Litchfield, Connecticut      06759
           ----------------------------------------      -----
           (Address of Principal Executive Offices)    (Zip Code)

       Registrant's telephone number, including area code: (860) 567-8752
                                                           --------------

                                       N/A
                                       ---
          (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))


<page>

Section 8.  Other Events
            ------------

         Item 8.01 Other Events.
                   ------------

         A. The Board of Directors of First Litchfield Financial Corporation
declared a 5% stock dividend at their November 29, 2007 board meeting. The stock
dividend will be paid on December 31, 2007 to shareholders of record on December
14, 2007.

         B. The Board of Directors of the Company also declared a $0.15 per
share quarterly cash dividend at their November 29, 2007 board meeting. The
quarterly cash dividend will be paid on January 25, 2008 to shareholders of
record on January 7, 2008.

Section 9.  Financial Statements and Exhibits.
            ---------------------------------

         Item 9.01  Financial Statements and Exhibits.
                    ---------------------------------

         (a) Not applicable.
         (b) Not applicable.
         (c) Exhibits.
               99.1  Press release dated November 30, 2007.


                                   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 hereto duly authorized.


                                         FIRST LITCHFIELD FINANCIAL CORPORATION


                                         By:  /s/ Carroll A. Pereira
                                              ---------------------------------
                                              Carroll A. Pereira
                                              Treasurer

Dated:  November 30, 2007