CONSOLIDATED BALANCE SHEETS (unaudited) (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
ASSETS
Cash and due from banks	$ 6,019	$ 6,694
Interest bearing demand deposits with other banks	59,498	20,214
Total cash and cash equivalents	65,517	26,908
Interest bearing time deposits with other banks	0	5,000
Securities
Available-for-sale at fair value	151,078	147,422
Held-to-maturity at amortized cost (fair value: $54 and $58)	52	56
Federal Home Loan Bank of Boston stock at cost	6,032	6,032
Loans held-for-sale	1,057	1,184
Loans receivable, net (allowance for loan losses: $4,027 and $3,920)	362,879	352,449
Investment in real estate	75	75
Other real estate owned	37	610
Bank premises and equipment, net	12,126	12,190
Goodwill	9,829	9,829
Intangible assets (net of accumulated amortization: $1,468 and $1,301)	1,075	1,242
Accrued interest receivable	2,042	2,132
Cash surrender value of life insurance policies	3,974	3,854
Deferred taxes	472	2,540
Other assets	2,713	3,947
Total Assets	618,958	575,470
Deposits
Demand (non-interest bearing)	82,425	71,565
Demand (interest bearing)	71,303	63,258
Money market	122,184	77,089
Savings and other	97,405	93,324
Certificates of deposit	105,274	125,053
Total deposits	478,591	430,289
Repurchase agreements	14,787	13,190
Federal Home Loan Bank of Boston advances	55,033	72,812
Accrued interest and other liabilities	3,160	4,163
Total Liabilities	551,571	520,454
Commitments and contingencies	0	0
Shareholders' Equity
Preferred stock - $.01 per share par value Authorized: 25,000; Issued: 16,000 (Series B) and 8,816 (Series A); Liquidation preference: $1,000 per share	16,000	8,738
Common stock - $.10 per share par value Authorized: 3,000,000; Issued: 1,688,731 and 1,687,661	169	168
Common stock warrants outstanding	112	112
Paid-in capital	13,227	13,200
Retained earnings	37,553	36,567
Accumulated other comprehensive loss, net	326	(3,769)
Total Shareholders' Equity	67,387	55,016
Total Liabilities and Shareholders' Equity	$ 618,958	$ 575,470