| Business Summary | | Camden
National
Corporation
is
a
publicly
held,
multi-bank,
financial
institution
holding
company,
which
makes
its
products
services
available
directly
and
indirectly
through
its
subsidiaries,
Camden
National
Bank
(CNB),
UnitedKingfield
Bank
(UnitedKingfield)
and
Trust
Company
of
Maine,
Inc.
(TCOM).
CNB
is
a
national
banking
association
which
focuses
primarily
on
attracting
deposits
from
the
general
public
through
its
branches
and
using
such
deposits
to
originate
residential
mortgage
loans,
commercial
business
loans,
commercial
real
estate
loans,
and
a
variety
of
consumer
loans.
UnitedKingfield
focuses
primarily
on
attracting
deposits
from
the
general
public
through
its
branches
and
using
such
deposits
to
originate
residential
mortgage
loans,
commercial
business
loans,
commercial
real
estate
loans,
and
a
variety
of
consumer
loans.
Trust
Company
of
Maine,
Inc.
TCOM,
a
majority
owned
subsidiary
of
the
Company,
is
a
nondepository
trust
company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CAC
is
a
multi-bank
and
financial
services
holding
company
headquartered
in
Camden,
ME.
For
the
three
months
ended
3/31/01,
interest
income
rose
11%
to
$20.8
million.
Net
interest
income
after
loan
loss
prov.
rose
3%
to
$9.6
million.
Net
income
rose
13%
to
$3.6
million.
Net
interest
income
after
LLP
reflects
higher
loan
volume
and
yields.
Net
income
also
reflects
higher
income
from
service
charges
and
merchant
assessment
fees
and
a
$427
thousand
unrealized
gain
on
derivative
instruments. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
4,003. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Rendle Jones, 58 Chairman,
Gen. Counsel | -- | Robert Daigle, 51 Pres,
CEO | $289K | Gregory Dufour Sr.
VP-Fin. | -- | Robert Campbell, 52 Sr.
VP, Director | -- | Laurel Bouchard, 45 Sr.
VP | 101K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|