PLEDGED ASSETS

3 Months Ended

Jun. 30, 2013

Banking and Thrift [Abstract]

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, 2013	December 31, 2012
Securities available-for-sale (at fair value)	$   52,131	$   54,497
Loans receivable	120,388	106,457
Total pledged assets	$ 172,519	$ 160,954

At June 30, 2013, securities were pledged as follows: $42.1 million to secure public deposits, $9.9 million to secure repurchase agreements and $0.1 million to secure FHLBB advances. Loans receivable were pledged to secure FHLBB advances and credit facilities.