Consolidated Balance Sheets (unaudited) (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Cash and due from banks	$ 7,570	$ 6,694
Interest bearing demand deposits with other banks	36,374	20,214
Total cash and cash equivalents	43,944	26,908
Interest bearing time deposits with other banks	0	5,000
Securities
Available-for-sale at fair value	139,407	147,422
Held-to-maturity at amortized cost (fair value: $54 and $58)	53	56
Federal Home Loan Bank of Boston stock at cost	6,032	6,032
Loans held-for-sale	146	1,184
Loans receivable, net (allowance for loan losses: $3,979 and $3,920)	364,854	352,449
Investment in real estate	75	75
Other real estate owned	452	610
Bank premises and equipment, net	12,307	12,190
Goodwill	9,829	9,829
Intangible assets (net of accumulated amortization: $1,412 and $1,301)	1,131	1,242
Accrued interest receivable	2,086	2,132
Cash surrender value of life insurance policies	3,934	3,854
Deferred taxes	1,328	2,540
Other assets	2,737	3,947
Total Assets	588,315	575,470
Deposits
Demand (non-interest bearing)	78,985	71,565
Demand (interest bearing)	63,651	63,258
Money market	113,316	77,089
Savings and other	93,341	93,324
Certificates of deposit	109,736	125,053
Total deposits	459,029	430,289
Repurchase agreements	12,359	13,190
Federal Home Loan Bank of Boston advances	55,460	72,812
Accrued interest and other liabilities	3,358	4,163
Total Liabilities	530,206	520,454
Commitments and contingencies	0	0
Shareholders' Equity
Preferred stock - $.01 per share par value Authorized: 25,000; Shares issued: 8,816; Liquidation preference: $1,000 per share	8,749	8,738
Common stock - $.10 per share par value Authorized: 3,000,000; Issued: 1,688,731 and 1,687,661	169	168
Common stock warrants outstanding	112	112
Paid-in capital	13,227	13,200
Retained earnings	37,216	36,567
Accumulated other comprehensive loss, net	(1,364)	(3,769)
Total Shareholders' Equity	58,109	55,016
Total Liabilities and Shareholders' Equity	$ 588,315	$ 575,470