Lawrence Savings cashing in securities.

NORTH ANDOVER, Mass. - Lawrence Savings Bank said it would begin selling its investment portfolio of U.S. Treasury and government agency obligations and its mortgage-backed securities.

The portfolios have an unrealized net pin of about $2.8 million, the thrift said. Book value is $61.7 million for the government portfolion and $15 million for the mortgage-backeds.

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