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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest and dividend income      
Interest and fees on loans $ 18,054 $ 18,666 $ 18,483
Interest on debt securities      
Taxable 2,454 3,041 3,770
Tax exempt 2,030 2,210 2,231
Other interest and dividends 120 127 172
Total interest and dividend income 22,658 24,044 24,656
Interest expense      
Deposits 2,414 3,165 4,364
Repurchase agreements 23 63 90
Federal Home Loan Bank of Boston advances 1,845 2,331 3,043
Total interest expense 4,282 5,559 7,497
Net interest and dividend income 18,376 18,485 17,159
Provision for loan losses 1,070 1,440 1,000
Net interest and dividend income after provision for loan losses 17,306 17,045 16,159
Non-interest income      
Gains on securities, net 279 11 16
Trust and wealth advisory 2,945 2,548 2,102
Service charges and fees 2,189 2,090 2,006
Gains on sales of mortgage loans, net 1,596 687 816
Mortgage servicing, net (21) 65 97
Other 326 255 270
Total non-interest income 7,314 5,656 5,307
Non-interest expense      
Salaries 7,149 6,970 6,816
Employee benefits 2,912 2,493 2,253
Premises and equipment 2,408 2,330 2,099
Data processing 1,569 1,410 1,452
Professional fees 1,212 1,099 1,364
Collections and OREO 709 590 191
Litigation settlement 400      
FDIC insurance 486 596 735
Marketing and community support 356 343 319
Amortization of intangibles 222 222 222
FHLBB advance prepayment fee 450      
Other 1,681 1,586 1,662
Total non-interest expense 19,554 17,639 17,113
Income before income taxes 5,066 5,062 4,353
Income tax provision 989 950 693
Net income 4,077 4,112 3,660
Net income available to common shareholders $ 3,861 $ 3,588 $ 3,198
Basic and diluted earnings per common share $ 2.28 $ 2.12 $ 1.90
Common dividends per share $ 1.12 $ 1.12 $ 1.12