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Balance Sheet Cash Flow Statement 2 Elm St. Camden, ME 04843 ME Tel. 207-236-8821 Fax 207-236-6256 |
Type: Public
On the web:
http://www.camdennational.com
Employees:
406
Employee growth: 28.9%
Camden National Corporation is the holding company for Camden National Bank, which was founded in 1875 and once issued its own US currency. With about 40 branches throughout Maine, the bank provides such deposit products as checking and savings accounts, CDs, and IRAs. Business loans, including commercial mortgages, make up nearly half of the company's loan portfolio; residential mortgages account for approximately a third, and consumer and municipal loans constitute almost all of the balance. In 2008 Camden National bought bank holding company Union Bankshares, which expanded its presence along coastal portions of Maine.
Key numbers for fiscal year ending December, 2008:
Sales: $71.9M
One year growth: 15.0%
Net income: $15.3M
Income growth: (24.4%)
Officers:
Chairman, Camden National Corporation and Camden National Bank: Rendle A. Jones
President, CEO, and Director, Camden National Corporation, Camden National Bank, and Acadia Trust, N. A.: Gregory A. (Greg) Dufour
SVP Operations: Peter F. Greene
Competitors:
The First Bancorp
KeyCorp
TD Bank USA




