CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 6,314	$ 6,404
Interest bearing demand deposits with other banks	49,983	168,931
Total cash and cash equivalents	56,297	175,335
Interest bearing Time Deposits with Financial Institutions		750
Securities
Available-for-sale at fair value	189,161	202,396
Mutual funds at fair value	1,882	901
Federal Home Loan Bank of Boston stock at cost	1,487	1,397
Loans held-for-sale		2,684
Loans receivable, net (allowance for loan losses: $14,334 and $12,962)	1,176,493	1,066,750
Bank premises and equipment, net	22,502	22,625
Goodwill	13,815	13,815
Intangible assets (net of accumulated amortization: $5,612 and $5,462)	269	418
Accrued interest receivable	6,012	6,260
Cash surrender value of life insurance policies	30,187	27,738
Deferred taxes	8,882	2,588
Other assets	5,151	5,527
Total Assets	1,512,138	1,529,184
Deposits
Demand (non-interest bearing)	413,584	416,073
Demand (interest bearing)	241,236	233,600
Money market	313,987	330,436
Savings and other	246,538	237,075
Certificates of deposit	109,859	119,009
Total deposits	1,325,204	1,336,193
Repurchase agreements	7,109	11,430
Federal Home Loan Bank of Boston advances	20,000	7,656
Subordinated debt	24,517	24,474
Note payable	139	170
Finance lease obligations	4,296	4,107
Accrued interest and other liabilities	7,712	8,554
Total Liabilities	1,388,977	1,392,584
Shareholders' Equity 1
Outstanding: 5,783,966 and 5,723,394	578	286
Unearned compensation – restricted stock awards	(1,328)	(925)
Paid-in capital	47,252	46,374
Retained earnings	98,980	89,995
Accumulated other comprehensive (loss) income, net	(22,321)	870
Total Shareholders' Equity	123,161	136,600
Total Liabilities and Shareholders' Equity	$ 1,512,138	$ 1,529,184