CONSOLIDATED BALANCE SHEETS (unaudited) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
ASSETS
Cash and due from banks	$ 4,783	$ 4,829
Interest bearing demand deposits with other banks	33,540	32,057
Total cash and cash equivalents	38,323	36,886
Securities
Available-for-sale at fair value	145,919	155,794
Held-to-maturity at amortized cost (fair value: $ - and $52)		50
Federal Home Loan Bank of Boston stock at cost	5,747	6,032
Loans held-for-sale	1,308	948
Loans receivable, net (allowance for loan losses: $4,166 and $4,076)	371,709	370,766
Other real estate owned		2,744
Bank premises and equipment, net	11,861	12,023
Goodwill	9,829	9,829
Intangible assets (net of accumulated amortization: $1,579 and $1,523)	964	1,020
Accrued interest receivable	2,789	2,126
Cash surrender value of life insurance policies	7,104	7,037
Deferred taxes	579	829
Other assets	2,818	3,200
Total Assets	598,950	609,284
Deposits
Demand (non-interest bearing)	88,588	82,202
Demand (interest bearing)	64,563	66,332
Money market	119,944	124,566
Savings and other	98,232	94,503
Certificates of deposit	101,359	103,703
Total deposits	472,686	471,306
Repurchase agreements	10,359	12,148
Federal Home Loan Bank of Boston advances	43,207	54,615
Accrued interest and other liabilities	4,631	4,353
Total Liabilities	530,883	542,422
Shareholders' Equity
Preferred stock - $.01 per share par value Authorized: 25,000; Issued: 16,000 (Series B); Liquidation preference: $1,000 per share	16,000	16,000
Common stock - $.10 per share par value Authorized: 3,000,000; Issued: 1,688,731 and 1,688,731	169	169
Paid-in capital	13,134	13,134
Retained earnings	38,958	38,264
Accumulated other comprehensive loss, net	(194)	(705)
Total Shareholders' Equity	68,067	66,862
Total Liabilities and Shareholders' Equity	$ 598,950	$ 609,284