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FAIR VALUE OF ASSETS AND LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Assets measured at fair value
   Fair Value Measurements Using  Assets at
(in thousands)  Level 1  Level 2  Level 3  fair
            value
March 31, 2019                    
Assets at fair value on a recurring basis                    
U.S. Government Agency notes  $   $7,513   $   $7,513 
Municipal bonds       9,491        9,491 
Mortgage-backed securities:                    
U.S. Government agencies and U.S. Government-sponsored enterprises       56,359        56,359 
Collateralized mortgage obligations:                    
U.S. Government agencies       20,605        20,605 
Corporate bonds       4,287        4,287 
Securities available-for-sale  $   $98,255   $   $98,255 
CRA mutual funds   852            852 
Assets at fair value on a non-recurring basis                    
Collateral dependent impaired loans  $   $   $4,599   $4,599 
Other real estate owned  $   $   $741   $741 
December 31, 2018                    
Assets at fair value on a recurring basis                    
U.S. Government Agency notes  $   $7,670   $   $7,670 
Municipal bonds       5,379        5,379 
Mortgage-backed securities:                    
U.S. Government agencies and U.S. Government-sponsored enterprises       57,446        57,446 
Collateralized mortgage obligations:                    
U.S. Government agencies       17,747        17,747 
Corporate bonds       3,576        3,576 
Securities available-for-sale  $   $91,818   $   $91,818 
CRA mutual funds   836            836 
Assets at fair value on a non-recurring basis                    
Collateral dependent impaired loans  $   $   $4,238   $4,238 
Other real estate owned  $   $   $1,810   $1,810 
Carrying value and estimated fair values of financial instruments
(in thousands)  Carrying  Estimated  Fair value measurements using
   value  fair value  Level 1  Level 2  Level 3
March 31, 2019                         
Financial Assets                         
Cash and cash equivalents  $48,629   $48,629   $48,629   $   $ 
Securities available-for-sale, net   98,255    98,255        98,255     
CRA mutual fund   852    852    852         
Federal Home Loan Bank of Boston stock   3,372    3,372            3,372 
Loans held-for-sale                    
Loans receivable, net   911,188    902,084            902,084 
Accrued interest receivable   3,411    3,411            3,411 
Cash surrender value of life insurance policies   15,267    15,267    15,267         
Financial Liabilities                         
Demand (non-interest-bearing)  $219,168   $219,168   $   $   $219,168 
Demand (interest-bearing)   157,123    157,123            157,123 
Money market   203,309    203,309            203,309 
Savings and other   190,011    190,011            190,011 
Certificates of deposit   172,358    172,895            172,895 
Deposits   941,969    942,506            942,506 
Repurchase agreements   2,951    2,951            2,951 
FHLBB advances   47,712    47,925            47,925 
Subordinated debt   9,841    10,115            10,115 
Note payable   272    279            279 
Finance lease obligation   3,046    3,282            3,282 
Accrued interest payable   578    578            578 

 

December 31, 2018               
Financial Assets                         
Cash and cash equivalents  $58,445   $58,445   $58,445   $   $ 
Securities available-for-sale   91,818    91,818        91,818     
CRA mutual fund   836    836    836         
Federal Home Loan Bank of Boston stock   4,496    4,496            4,496 
Loans receivable, net   909,279    886,222            886,222 
Accrued interest receivable   3,148    3,148            3,148 
Cash surrender value of life insurance policies   14,438    14,438    14,438         
Financial Liabilities                         
Demand (non-interest-bearing)  $228,448   $228,448   $   $   $228,448 
Demand (interest-bearing)   153,586    153,586            153,586 
Money market   204,219    204,219            204,219 
Savings and other   178,807    178,807            178,807 
Certificates of deposit   161,679    162,013            162,013 
Deposits   926,739    927,073            927,073 
Repurchase agreements   4,104    4,104            4,104 
FHLBB advances   67,154    67,231            67,231 
Subordinated debt   9,835    10,006            10,006 
Note payable   280    288            288 
Capital lease liability   3,081    3,339            3,339 
Accrued interest payable   237    237            237