PLEDGED ASSETS

12 Months Ended

Dec. 31, 2013

Guarantees [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.

Years ended December 31, (in thousands)		2013		2012
Securities available-for-sale (at fair value)	$	57,623	$	54,497
Loans receivable		130,574		106,457
Total pledged assets	$	188,197	$	160,954

At December 31, 2013 securities were pledged as follows: $46.4 million to secure public deposits, $11.1 million to secure repurchase agreements and $0.1 million to secure FHLBB and FRB advances. Loans receivable were pledged to secure FHLBB advances and credit facilities.