PLEDGED ASSETS

3 Months Ended

Jun. 30, 2012

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.

in thousands)	June 30, 2012	December 31, 2011
Securities available-for-sale (at fair value)	$           55,456	$           68,839
Loans receivable	114,455	132,720
Total pledged assets	$         169,911	$         201,559

At June 30, 2012, securities were pledged as follows: $44.2 million to secure public deposits, $11.0 million to secure repurchase agreements and $0.2 million to secure FHLBB advances. Loans receivable were pledged to secure FHLBB advances and credit facilities.