PLEDGED ASSETS

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

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, 2012	December 31, 2011
Securities available-for-sale (at fair value)	$      57,111	$      68,839
Loans receivable	100,086	132,720
Total pledged assets	$    157,197	$    201,559

At September 30, 2012, securities were pledged as follows: $46.3 million to secure public deposits, $10.6 million to secure repurchase agreements and $0.2 million to secure FHLBB advances. Loans receivable were pledged to secure FHLBB advances and credit facilities.