XML 22 R13.htm IDEA: XBRL DOCUMENT v3.22.2.2
NOTE 6 - PLEDGED ASSETS
9 Months Ended
Sep. 30, 2022
Guarantees and Product Warranties [Abstract]  
NOTE 6 - 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)    September 30, 2022      December 31, 2021  
Securities available-for-sale (at fair value)  $78,001   $75,737 
Loans receivable (at book value)   375,645    378,845 
Total pledged assets  $453,646   $454,582 

 

At September 30, 2022, securities were pledged as follows: $70.88 million to secure public deposits, $7.10 million to secure repurchase agreements and $0.02 million to secure FHLBB advances. In addition to securities, loans receivable were pledged to secure FHLBB advances and credit facilities.