Year ended December 31, 2012

(in thousands, except ratios and per share amounts)

Q1 2012

Q2 2012

Q3 2012

Q4 2012

Statement of Income

Interest and dividend income

$ 5,858

$ 5,766

$ 5,607

$ 5,426

Interest expense

1,175

1,080

1,035

992

Net interest and dividend income

4,683

4,686

4,572

4,434

Provision for loan losses

180

330

380

Trust and Wealth Advisory

755

735

683

772

Service charges and fees

521

547

559

561

Gains on sales of mortgage loans, net

372

263

568

394

Mortgage servicing, net

(84)

(5)

(9)

76

Securities gains

12

267

-

Other

83

86

74

Non-interest income

1,659

1,890

1,887

1,877

Non-interest expense

4,500

5,026

4,693

5,334

Income before income taxes

1,662

1,370

1,436

597

Income tax provision

412

254

296

26

Net income

1,250

1,116

1,140

571

Net income available to common shareholders

1,167

1,069

1,094

531

Financial Condition

Total assets

$ 598,950

$ 600,857

$ 611,037

$ 600,813

Loans, net

371,709

377,212

377,377

388,758

Allowance for loan losses

4,166

4,208

4,179

4,360

Securities

151,666

141,409

131,412

132,034

Deposits

472,686

477,910

490,206

491,215

Repurchase agreements

10,359

6,181

2,941

1,784

FHLBB advances

43,207

42,801

42,392

31,980

Shareholders' equity

68,067

69,126

70,374

71,997

Non-performing assets

7,606

8,409

9,870

10,104

Per Common Share Data

Earnings, diluted and basic

$ 0.69

$ 0.63

$ 0.65

$ 0.31

Cash dividends declared

0.28

Cash dividends paid

0.28

Book value

30.83

31.44

32.18

33.14

Market price: (a)

High

26.95

26.49

26.39

28.47

Low

22.51

23.25

23.11

23.16

Statistical Data

Net interest margin (fully tax equivalent)

3.54%

3.58%

3.39%

3.32%

Efficiency ratio (fully tax equivalent)

66.86

66.39

66.05

71.45

Return on average assets

0.78

0.72

0.71

0.35

Return on average shareholders' equity

9.05

8.10

8.05

3.85

Weighted average equivalent shares outstanding, diluted

1,689

1,690