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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.