PLEDGED ASSETS

9 Months Ended

Sep. 30, 2011

Pledged Assets [Abstract]

Pledged Assets

NOTE 5 - PLEDGED ASSETS

The following securities and loans were pledged to secure public and trust deposits, securities sold under agreements to repurchase, FHLBB advances and credit facilities available.

in thousands)	September 30, 2011		December 31, 2010
Securities available-for-sale (at fair value)	$	70,081	$	62,764
Loans receivable		118,033		114,424
Total pledged assets	$	188,114	$	177,188

At September 30, 2011, securities were pledged as follows: $47.5 million to secure public deposits, $19.9 million to secure repurchase agreements and $2.7 million to secure FHLBB advances. Loans receivable were pledged to secure FHLBB advances and credit facilities.