The Camden National Bank in Camden, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Camden National Bank - Overview

  • General
  • FDIC Certificate #: 4255
    Status: Active
    Federal Reserve ID: 593007
    Bank Holding Company (Regulatory Top Holder): Camden National Corporation (RSSDID: 1130249, Location: Camden, ME)
    Date Established: January 01, 1875
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 39 (Domestic: 39, Interstate: No)
    OTS Docket #: 9393
    FDIC's unique #: 2790
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 03, 2008
    Last Structure Change Process Date: Febuary 27, 2008
    Last Data Update: Febuary 27, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2 Elm Street, Camden, ME 4843
    County: Knox
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Concord
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Core Based Statistical Area (CBSA): Rockland, ME (#40500)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $2,266.8 mil
    Equity capital: $240.0 mil
    Deposits held in domestic offices: $1,604.6 mil
    Return on assets (ROA): 1.19% ($27.0 mil)
    Quarterly return on assets: 1.07% ($24.3 mil)
    Return on Equity (ROE): 11.83% ($28.4 mil)
    Quarterly return on equity: 10.20% ($24.5 mil)
    Net income: $27.4 mil
    Quarterly Net income: $6.1 mil
    Pretax return on assets: 1.73% ($39,215.9 mil)
    Quarterly Pretax return on assets: 1.53% ($34,682.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 241Total employees (full-time equivalent)
  • $2,266,816Total assets
  • $28,475Cash and due from depository institutions
  • $5,521Interest-bearing balances
  • $590,036Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,497,078Net loans & leases
  • $23,011Loan loss allowance
  • $0Trading account assets
  • $19,078Bank premises and fixed assets
  • $1,682Other real estate owned
  • $38,500Goodwill and other intangibles
  • $2,266,816Life insurance assets
  • $91,967All other assets
  • $2,026,863Total liabilities and capital
  • $1,604,623Total liabilities
  • $1,338,747Total deposits
  • $1,604,623Interest-bearing deposits
  • $78Deposits held in domestic offices
  • 265471.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $146,783Trading liabilities
  • $0Other borrowed funds
  • $9,986Subordinated debt
  • $239,953All other liabilities
  • $239,953Total equity capital
  • $239,953Total bank equity capital
  • $0Perpetual preferred stock
  • $369Common stock
  • $20,226Surplus
  • $219,358Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $6,061Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $24,346Income earned, not collected on loans
  • $2,414Earning assets
  • $6,431Long-term assets (5+ years)
  • $2,092,635Average Assets, year-to-date
  • $1,188,137Average Assets, quarterly
  • $2,296,862Volatile liabilities
  • $2,289,278Insider loans
  • $1,438,421FHLB advances
  • $2,208,171Loans and leases held for sale
  • $43,671Unused loan commitments
  • $32,321Tier 1 (core) risk-based capital
  • $190,537Tier 2 risk-based capital
  • $11,350Total risk weighted assets
  • $0Total unused commitments
  • $280,566Restructured Loans and leases
  • $15,361Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $98,310Total interest income
  • $20,491Total interest expense
  • $77,819Net interest income
  • $4,741Provision for loan and lease losses
  • $14,870Total noninterest income
  • $0Fiduciary activities
  • $5,334Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9,536Additional noninterest income
  • $50,270Total noninterest expense
  • $14,327Salaries and employee benefits
  • $4,281Premises and equipment expense
  • $31,662Additional noninterest expense
  • $37,678Pre-tax net operating income
  • $2,076Securities gains (losses)
  • $12,337Applicable income taxes
  • $27,417Income before extraordinary items
  • $0Extraordinary gains - net
  • $27,417Net income attributable to bank
  • $0Net charge-offs
  • $27,417Cash dividends
  • $4,023Sale, conversion, retirement of capital stock, net
  • $13,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.65%Yield on earning assets
  • 0.97%Cost of funding earning assets
  • 3.68%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 2.38%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 11.83%Return on equity (ROE)
  • 6.00%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 117.85%Credit loss provision to net charge-offs
  • 10.54%Efficiency ratio
  • 53,694Assets per employee
  • 9.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.24%Loss allowance to loans
  • 1.51%Loss allowance to noncurrent loans
  • 94.52%Noncurrent assets plus other real estate owned to assets
  • 1.15%Noncurrent loans to loans
  • 1.60%Net loans and leases to deposits
  • 93.30%Net loans and leases to core deposits
  • 106.46%Equity capital to assets
  • 10.59%Core capital (leverage) ratio
  • 8.63%Tier 1 risk-based capital ratio
  • 13.25%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $2,296,862Average earning assets
  • $231,832Average equity
  • $2,116,364Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $113,915Managed Assets
  • 1Number of Accounts
  • $112,244Personal trust and agency accounts
  • $38,828Employee benefit-defined contribution accounts
  • $786Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $13,736Corporate trust and agency accounts
  • $1,598Investment management agency accounts
  • $57,296Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 323Number of Accounts
  • $0Personal trust and agency accounts
  • $13,736Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,671Other retirement accounts
  • $1,070Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $601Fiduciary accounts held in foreign offices

List of branches

  • 39 Maine Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02790The Camden National Bank2 Elm Street, Camden, ME 4843January 01, 1875Full Service Brick and Mortar
    1202447Union BranchUnion Common, Union, ME 4862December 19, 1960Full Service Brick and Mortar
    2202448Camden Market Place Branch145 Elm Street, Camden, ME 4843July 18, 1968Full Service Brick and Mortar
    3202449Rockland Branch300 Main Street, Rockland, ME 4841July 09, 1973Full Service Brick and Mortar
    4202450Thomaston Branch106 Main Street, Thomaston, ME 4861November 10, 1979Full Service Brick and Mortar
    5248814Belfast Branch374 Maine Street, Belfast, ME 4915April 18, 1978Full Service Brick and Mortar
    6226058Vinalhaven Branch6 Main Street, Vinalhaven, ME 4863July 21, 1958Full Service Brick and Mortar
    8232386Bucksport Branch382 Main Street, Bucksport, ME 4416October 09, 1961Full Service Brick and Mortar
    9202594Damariscotta Branch4 Coastal Market Drive, Damariscotta, ME 4543May 21, 1990Full Service Brick and Mortar
    10364766Portland Branch5 Milk Street, Portland, ME 4104October 09, 2001Full Service Brick and Mortar
    11419577Kennebunk Office Branch108 Lafayette Center, Kennebunk, ME 4043December 30, 2002Full Service Brick and Mortar
    1215444Unitedkingfield Bank Branch145 Exchange Street, Bangor, ME 4401May 01, 1895Full Service Brick and Mortar
    13254253Sugarloaf Mountain Branch (Seasonal)Sugarloaf Mountain, Carrabassett Valley, ME 4947December 22, 1977Limited Service Messenger
    14254254Stratton BranchSchool And Main Streets, Stratton, ME 4982October 03, 1988Full Service Brick and Mortar
    15202553Rangeley Branch2484 Main Street, Rangeley, ME 4970March 31, 1965Full Service Brick and Mortar
    16202554Phillips BranchMain And Dodge Streets, Phillips, ME 4966November 02, 1953Full Service Brick and Mortar
    17254256Farmington Branch134 Hannaford Drive, Farmington, ME 4938June 14, 1993Full Service Brick and Mortar
    1847581Canal And Chestnut Streets BranchCanal And Chestnut Streets, Lewiston, ME 4240May 21, 1992Full Service Brick and Mortar
    19229254Bingham BranchMain And River Streets, Bingham, ME 4920December 21, 1956Full Service Brick and Mortar
    20254257Depot And Main Street BranchDepot And Main Streets, Kingfield, ME 4947Febuary 17, 1998Full Service Brick and Mortar
    21226049Madison Branch53 Main Street, Madison, ME 4950October 09, 1933Full Service Brick and Mortar
    22253698Heritage Shopping Plaza Branch58 North, Hampden, ME 4444September 08, 1987Full Service Brick and Mortar
    23253700Hermon Branch2530 Us Route 2, Hermon, ME 4401March 05, 1990Full Service Brick and Mortar
    24202435East Corinth BranchRoutes 15 And 43, East Corinth, ME 4427July 06, 1970Full Service Brick and Mortar
    25180715Dover Branch1083 West Main Street, Dover Foxcroft, ME 4426November 20, 1933Full Service Brick and Mortar
    26180720Milo Branch53 Main Street, Milo, ME 4463November 20, 1933Full Service Brick and Mortar
    27248802Greenville Branch20 Lily Bay Rd, Greenville, ME 4441Febuary 21, 1905Full Service Brick and Mortar
    284Union Trust Branch66 Main Street, Ellsworth, ME 4605January 01, 1907Full Service Brick and Mortar
    29180744Plaza Branch3 Myrick Street, Ellsworth, ME 4605December 02, 1963Full Service Brick and Mortar
    30180745Milbridge Branch29 Main Street, Milbridge, ME 4658September 15, 1956Full Service Brick and Mortar
    31180746Stonington Branch3 Atlantic Avenue, Stonington, ME 4681May 15, 1922Full Service Brick and Mortar
    32180747Jonesport Branch51 Main Street, Jonesport, ME 4649June 10, 1974Full Service Brick and Mortar
    33180748Blue Hill Branch9 Tenney Hill, Blue Hill, ME 4614July 08, 1974Full Service Brick and Mortar
    34180750Town Hill Branch1316 State Highway 102, Bar Harbor, ME 4609October 02, 1985Full Service Brick and Mortar
    35180751Castine Village Branch19 Water Street, Castine, ME 4421April 29, 1991Full Service Brick and Mortar
    36180753Bar Harbor Branch43 Cottage Street, Bar Harbor, ME 4609July 07, 1997Full Service Brick and Mortar
    3742855The Waldoboro Bank F.S.b.1768 Atlantic Highway, Waldoboro, ME 4572January 01, 1891Full Service Brick and Mortar
    39278300Belfast Branch17 Belmont Avenue, Belfast, ME 4915May 20, 1998Full Service Brick and Mortar
    41521789Kennebunk - Hannaford Branch65 Portland Rd, Kennebunk, ME 4043September 27, 2010Full Service Retail

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