CONSOLIDATED BALANCE SHEETS (Unaudited) - Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 5,920	$ 5,434
Interest bearing demand deposits with other banks	55,472	30,051
Total cash and cash equivalents	61,392	35,485
Securities
Available-for-sale at fair value	81,016	79,623
Federal Home Loan Bank of Boston stock at cost	3,452	3,211
Loans held-for-sale	594
Loans receivable, net (allowance for loan losses: $6,493 and $6,127)	771,850	763,184
Other real estate owned	3,854	3,773
Bank premises and equipment, net	16,149	14,398
Goodwill	13,827	12,552
Intangible assets (net of accumulated amortization: $3,764 and $3,511)	2,116	1,737
Accrued interest receivable	2,303	2,424
Cash surrender value of life insurance policies	14,211	14,038
Deferred taxes	1,320	1,367
Other assets	2,722	3,574
Total Assets	974,806	935,366
Deposits
Demand (non-interest bearing)	219,660	218,420
Demand (interest bearing)	132,899	127,854
Money market	194,704	182,476
Savings and other	145,937	135,435
Certificates of deposit	118,141	117,585
Total deposits	811,341	781,770
Repurchase agreements	2,126	5,535
Federal Home Loan Bank of Boston advances	47,302	37,188
Subordinated debt	9,799	9,788	[1]
Note payable	327	344
Capital lease liability	1,987	418
Accrued interest and other liabilities	5,379	6,316
Total Liabilities	878,261	841,359
Shareholders' Equity
Common stock - $.10 per share par value; Authorized: 5,000,000; Issued: 2,785,066 and 2,758,086	279	276
Paid-in capital	42,984	42,085
Retained earnings	53,453	51,521
Unearned compensation - restricted stock awards	(738)	(352)
Accumulated other comprehensive income, net	567	477
Total Shareholders' Equity	96,545	94,007
Total Liabilities and Shareholders' Equity	$ 974,806	$ 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.