CONSOLIDATED BALANCE SHEETS (Unaudited) - Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 6,376	$ 5,434
Interest bearing demand deposits with other banks	34,916	30,051
Total cash and cash equivalents	41,292	35,485
Securities
Available-for-sale at fair value	76,849	79,623
Federal Home Loan Bank of Boston stock at cost	3,510	3,211
Loans held-for-sale	53
Loans receivable, net (allowance for loan losses: $6,285 and $6,127)	764,665	763,184
Other real estate owned	3,833	3,773
Bank premises and equipment, net	14,574	14,398
Goodwill	12,552	12,552
Intangible assets (net of accumulated amortization: $3,638 and $3,511)	1,611	1,737
Accrued interest receivable	2,431	2,424
Cash surrender value of life insurance policies	14,126	14,038
Deferred taxes	1,361	1,367
Other assets	2,692	3,574
Total Assets	939,549	935,366
Deposits
Demand (non-interest bearing)	201,215	218,420
Demand (interest bearing)	132,527	127,854
Money market	182,438	182,476
Savings and other	141,085	135,435
Certificates of deposit	115,151	117,585
Total deposits	772,416	781,770
Repurchase agreements	2,350	5,535
Federal Home Loan Bank of Boston advances	52,745	37,188
Subordinated debt	9,794	9,788	[1]
Note payable	335	344
Capital lease liability	417	418
Accrued interest and other liabilities	6,271	6,316
Total Liabilities	844,328	841,359
Shareholders' Equity
Common stock - $.10 per share par value; Authorized: 5,000,000; Issued: 2,770,036 and 2,758,086	277	276
Paid-in capital	42,394	42,085
Retained earnings	52,351	51,521
Unearned compensation - restricted stock awards	(288)	(352)
Accumulated other comprehensive income, net	487	477
Total Shareholders' Equity	95,221	94,007
Total Liabilities and Shareholders' Equity	$ 939,549	$ 935,366

[1] (1) Net of issuance costs, which are capitalized and amortized as a component of interest expense over a period of 10 years.