PLEDGED ASSETS

12 Months Ended

Dec. 31, 2011

Pledged Assets

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.

Years ended December 31, (in thousands)	2011		2010
Securities available-for-sale (at fair value)	$	68,839	$	62,764
Loans receivable		132,720		114,424
Total pledged assets	$	201,559	$	177,188

At December 31, 2011 securities were pledged as follows: $47.1 million to secure public deposits, $19.1 million to secure repurchase agreements and $2.6 million to secure FHLBB and FRB advances. Loans receivable were pledged to secure FHLBB advances and credit facilities.