| Schedule of carrying amounts and estimated fair values of financial instruments, held or issued for purposes other than trading |
| |
|
Carrying |
|
|
Fair Value |
|
| (In thousands) |
|
Amount |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| March 31, 2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Financial assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
$ |
23,726 |
|
|
$ |
23,726 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
23,726 |
|
| Available-for-sale securities |
|
|
49,662 |
|
|
|
- |
|
|
|
49,662 |
|
|
|
- |
|
|
|
49,662 |
|
| Federal Home Loan Bank of Boston stock |
|
|
3,515 |
|
|
|
3,515 |
|
|
|
- |
|
|
|
- |
|
|
|
3,515 |
|
| Loans, net |
|
|
859,269 |
|
|
|
- |
|
|
|
- |
|
|
|
852,305 |
|
|
|
852,305 |
|
| Accrued interest receivable |
|
|
3,171 |
|
|
|
- |
|
|
|
3,171 |
|
|
|
- |
|
|
|
3,171 |
|
| Financial liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deposits |
|
|
775,277 |
|
|
|
- |
|
|
|
- |
|
|
|
775,554 |
|
|
|
775,554 |
|
| Borrowings |
|
|
79,942 |
|
|
|
- |
|
|
|
79,984 |
|
|
|
- |
|
|
|
79,984 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2018 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Financial assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
$ |
28,613 |
|
|
$ |
28,613 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
28,613 |
|
| Available-for-sale securities |
|
|
51,403 |
|
|
|
- |
|
|
|
51,403 |
|
|
|
- |
|
|
|
51,403 |
|
| Federal Home Loan Bank of Boston stock |
|
|
2,650 |
|
|
|
2,650 |
|
|
|
- |
|
|
|
- |
|
|
|
2,650 |
|
| Loans, net |
|
|
835,528 |
|
|
|
- |
|
|
|
- |
|
|
|
827,090 |
|
|
|
827,090 |
|
| Accrued interest receivable |
|
|
2,638 |
|
|
|
- |
|
|
|
2,638 |
|
|
|
- |
|
|
|
2,638 |
|
| Financial liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deposits |
|
|
768,096 |
|
|
|
- |
|
|
|
- |
|
|
|
768,010 |
|
|
|
768,010 |
|
| Borrowings |
|
|
68,022 |
|
|
|
- |
|
|
|
67,846 |
|
|
|
- |
|
|
|
67,846 |
|
|
| |
|
Carrying |
|
|
Fair Value |
|
| (In thousands) |
|
Amount |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2018 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Financial assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
$ |
28,613 |
|
|
$ |
28,613 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
28,613 |
|
| Available-for-sale securities |
|
|
51,403 |
|
|
|
- |
|
|
|
51,403 |
|
|
|
- |
|
|
|
51,403 |
|
| Federal Home Loan Bank of Boston stock |
|
|
2,650 |
|
|
|
2,650 |
|
|
|
- |
|
|
|
- |
|
|
|
2,650 |
|
| Loans, net |
|
|
835,528 |
|
|
|
- |
|
|
|
- |
|
|
|
827,090 |
|
|
|
827,090 |
|
| Accrued interest receivable |
|
|
2,638 |
|
|
|
- |
|
|
|
2,638 |
|
|
|
- |
|
|
|
2,638 |
|
| Financial liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deposits |
|
|
768,096 |
|
|
|
- |
|
|
|
- |
|
|
|
768,010 |
|
|
|
768,010 |
|
| Borrowings |
|
|
68,022 |
|
|
|
- |
|
|
|
67,846 |
|
|
|
- |
|
|
|
67,846 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2017 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Financial assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
$ |
47,689 |
|
|
$ |
47,689 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
47,689 |
|
| Available-for-sale securities |
|
|
61,429 |
|
|
|
- |
|
|
|
61,429 |
|
|
|
- |
|
|
|
61,429 |
|
| Federal Home Loan Bank of Boston stock |
|
|
1,854 |
|
|
|
1,854 |
|
|
|
- |
|
|
|
- |
|
|
|
1,854 |
|
| Loans, net |
|
|
742,138 |
|
|
|
- |
|
|
|
- |
|
|
|
745,637 |
|
|
|
745,637 |
|
| Accrued interest receivable |
|
|
2,345 |
|
|
|
- |
|
|
|
2,345 |
|
|
|
- |
|
|
|
2,345 |
|
| Financial liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deposits |
|
|
750,057 |
|
|
|
- |
|
|
|
- |
|
|
|
749,898 |
|
|
|
749,898 |
|
| Borrowings |
|
|
26,841 |
|
|
|
- |
|
|
|
26,655 |
|
|
|
- |
|
|
|
26,655 |
|
|