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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Non-interest expense      
Net income $ 4,083 $ 4,077 $ 4,112
Statements of Income
     
Interest and dividend income      
Interest and fees on loans 17,978 18,054 18,666
Interest on debt securities      
Taxable 1,757 2,454 3,041
Tax exempt 1,948 2,030 2,210
Other interest and dividends 67 120 127
Total interest and dividend income 21,750 22,658 24,044
Interest expense      
Deposits 1,813 2,414 3,165
Repurchase agreements 6 23 63
Federal Home Loan Bank of Boston advances 1,243 1,845 2,331
Total interest expense 3,062 4,282 5,559
Net interest and dividend income 18,688 18,376 18,485
Provision for loan losses 1,066 1,070 1,440
Net interest and dividend income after provision for loan losses 17,622 17,306 17,045
Non-interest income      
Gains on securities, net    279 11
Trust and wealth advisory 3,074 2,945 2,548
Service charges and fees 2,298 2,189 2,090
Gains on sales of mortgage loans, net 579 1,596 687
Mortgage servicing, net 35 (21) 65
Other 319 326 255
Total non-interest income 6,305 7,314 5,656
Non-interest expense      
Salaries 7,467 7,149 6,970
Employee benefits 2,804 2,912 2,493
Premises and equipment 2,398 2,408 2,330
Data processing 1,514 1,569 1,410
Professional fees 1,524 1,212 1,099
Collections and OREO 519 709 590
Litigation settlement    400   
FDIC insurance 470 486 596
Marketing and community support 393 356 343
Amortization of intangibles 222 222 222
FHLBB advance prepayment fee    450   
Other 1,624 1,681 1,586
Total non-interest expense 18,935 19,554 17,639
Income before income taxes 4,992 5,066 5,062
Income tax provision 909 989 950
Net income 4,083 4,077 4,112
Net income available to common shareholders $ 3,922 $ 3,861 $ 3,588
Basic and diluted earnings per common share $ 2.30 $ 2.28 $ 2.12
Common dividends per share $ 1.12 $ 1.12 $ 1.12