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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Shareholders' Equity    
Total Shareholders' Equity $ 74,001 $ 72,790
Balance Sheets
   
ASSETS    
Cash and due from banks 6,961 5,926
Interest bearing demand deposits with other banks 2,443 6,785
Total cash and cash equivalents 9,404 12,711
Interest-bearing time deposits with other banks    738
Securities    
Available-for-sale at fair value 92,675 94,491
Federal Home Loan Bank of Boston stock at cost 5,340 5,340
Loans held-for-sale 120 173
Loans receivable, net (allowance for loan losses: $4,894 and $4,683) 446,518 438,178
Other real estate owned 377 377
Bank premises and equipment, net 12,049 11,611
Goodwill 9,829 9,829
Intangible assets (net of accumulated amortization: $2,023 and $1,967) 520 576
Accrued interest receivable 1,804 1,760
Cash surrender value of life insurance policies 7,587 7,529
Deferred taxes    260
Other assets 3,548 3,536
Total Assets 589,771 587,109
Deposits    
Demand (non-interest bearing) 80,935 84,677
Demand (interest bearing) 79,330 81,932
Money market 123,898 120,550
Savings and other 112,306 107,171
Certificates of deposit 81,043 83,039
Total deposits 477,512 477,369
Repurchase agreements 2,643 2,554
Federal Home Loan Bank of Boston advances 30,017 30,411
Capital lease liability 425 425
Deferred taxes 326   
Accrued interest and other liabilities 4,847 3,560
Total Liabilities 515,770 514,319
Commitments and contingencies      
Shareholders' Equity    
Preferred stock - $.01 per share par value; Authorized: 25,000; Issued: 16,000 (Series B); Liquidation preference: $1,000 per share 16,000 16,000
Common stock - $.10 per share par value; Authorized: 3,000,000; Issued: 1,711,121 and 1,710,121 171 171
Unearned Compensation - restricted stock awards (339) (335)
Paid-in capital 13,698 13,668
Retained earnings 42,266 42,240
Accumulated other comprehensive income, net 2,205 1,046
Total Shareholders' Equity 74,001 72,790
Total Liabilities and Shareholders' Equity $ 589,771 $ 587,109