XML 28 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS:    
Cash and due from banks $ 29,444 $ 14,384
Overnight investments 1,296 395
Total cash and cash equivalents 30,740 14,779
Available for sale securities (amortized cost of $347,505 and $357,402, respectively) 352,695 360,025
Stock in Federal Home Loan Bank of Boston 16,274 16,274
Loans and leases receivable:    
Commercial loans and leases 786,704 780,264
Residential mortgage loans 157,415 164,877
Consumer and other loans 208,558 210,348
Total loans and leases receivable 1,152,677 1,155,489
Allowance for loan and lease losses (18,083) (18,654)
Net loans and leases receivable 1,134,594 1,136,835
Premises and equipment, net 11,514 11,889
Goodwill, net 12,262 12,262
Accrued interest receivable 4,380 4,842
Investment in bank-owned life insurance 31,886 31,277
Prepaid expenses and other assets 24,411 15,576
Total assets 1,618,756 1,603,759
Deposits:    
Demand deposit accounts 282,068 264,274
NOW accounts 66,093 70,327
Money market accounts 123,843 96,285
Savings accounts 330,054 341,667
Certificate of deposit accounts 293,787 347,613
Total deposits 1,095,845 1,120,166
Overnight and short-term borrowings 35,955 40,997
Wholesale repurchase agreements 20,000 20,000
Federal Home Loan Bank of Boston borrowings 293,277 260,889
Subordinated deferrable interest debentures 13,403 13,403
Other liabilities 26,745 19,626
Total liabilities 1,485,225 1,475,081
SHAREHOLDERS' EQUITY:    
Common stock, par value $0.01 per share, authorized 11,000,000 shares: Issued: 5,080,941 and 5,047,942 shares, respectively 50 50
Additional paid-in capital 75,556 73,866
Treasury stock, at cost: 396,986 and 373,850 shares, respectively (13,378) (12,527)
Retained earnings 67,929 65,584
Accumulated other comprehensive income, net 3,374 1,705
Total shareholders' equity 133,531 128,678
Total liabilities and shareholders' equity $ 1,618,756 $ 1,603,759