PLEDGED ASSETS

3 Months Ended

Mar. 31, 2020

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.

(in thousands)		March 31, 2020		December 31, 2019
Securities available-for-sale (at fair value)	$	55,337	$	52,845
Loans receivable		434,738		434,329
Total pledged assets	$	490,075	$	487,174

At March 31, 2020, securities were pledged as follows: $46.34 million to secure public deposits, $8.95 million to secure repurchase agreements and $0.05 million to secure FHLBB advances. Additionally, loans receivable were pledged to secure FHLBB advances and credit facilities.