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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Shareholders' Equity    
Total Shareholders' Equity $ 75,516 $ 72,790
Balance Sheets
   
ASSETS    
Cash and due from banks 5,759 5,926
Interest bearing demand deposits with other banks 43,066 6,785
Total cash and cash equivalents 48,825 12,711
Interest-bearing time deposits with other banks    738
Securities    
Available-for-sale at fair value 85,445 94,491
Federal Home Loan Bank of Boston stock at cost 3,515 5,340
Loans held-for-sale    173
Loans receivable, net (allowance for loan losses: $5,384 and $4,683) 461,913 438,178
Other real estate owned 333 377
Bank premises and equipment, net 12,899 11,611
Goodwill 9,829 9,829
Intangible assets (net of accumulated amortization: $2,160 and $1,967) 872 576
Accrued interest receivable 1,834 1,760
Cash surrender value of life insurance policies 8,802 7,529
Deferred taxes    260
Other assets 3,822 3,536
Total Assets 638,089 587,109
Deposits    
Demand (non-interest bearing) 99,843 84,677
Demand (interest bearing) 81,877 81,932
Money market 132,471 120,550
Savings and other 122,836 107,171
Certificates of deposit 85,267 83,039
Total deposits 522,294 477,369
Repurchase agreements 6,500 2,554
Federal Home Loan Bank of Boston advances 29,218 30,411
Capital lease liability 424 425
Deferred taxes 643   
Accrued interest and other liabilities 3,494 3,560
Total Liabilities 562,573 514,319
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: 1,713,281 and 1,710,121 171 171
Unearned compensation - restricted stock awards (254) (335)
Paid-in capital 13,764 13,668
Retained earnings 42,960 42,240
Accumulated other comprehensive income, net 2,875 1,046
Total Shareholders' Equity 75,516 72,790
Total Liabilities and Shareholders' Equity $ 638,089 $ 587,109