PLEDGED ASSETS

12 Months Ended

Dec. 31, 2017

Guarantees [Abstract]

PLEDGED ASSETS

NOTE 6 - PLEDGED ASSETS

The following securities and loans were pledged to secure public and trust deposits, securities sold under agreements to repurchase, FHLBB advances and credit facilities available.

December 31, (in thousands)		2017		2016
Securities available-for-sale (at fair value)	$	67,377	$	63,833
Loans receivable (at book value)		204,354		137,117
Total pledged assets	$	271,731	$	200,950

At December 31, 2017, securities were pledged as follows: $62.6 million to secure public deposits, $4.7 million to secure repurchase agreements and $0.1 million to secure FHLBB and FRB advances. Additionally, loans receivable are pledged to secure FHLBB advances and credit facilities.