The Camden National Bank Mortgage Rates, Fees & Info

Camden, ME

LEI: 549300VMVKSQE1B7DD43

Tax ID: 01-0039505

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    The Camden National Bank is a smaller bank specializing in Home Purchase loans. The Camden National Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Portland, Boston, Augusta, Bangor, and Lewiston among others. We have data for 34 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Camden National Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. The Camden National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 5.97% 12/16/24
    30 Year Conventional Purchase 6.33% 12/16/24
    30 Year Conventional Refi 6.35% 12/16/24
    30 Year Cash-out Refi 6.47% 12/16/24
    30 Year FHA Purchase 7.11% 12/16/24
    30 Year FHA Refi 7.57% 12/16/24
    30 Year VA Purchase 6.24% 12/16/24
    30 Year VA Refi 7.13% 12/16/24
    30 Year USDA Purchase 6.02% 12/16/24
    15 Year Conventional Purchase 6.08% 12/16/24
    15 Year Conventional Refi 6.18% 12/16/24
    15 Year Cash-out Refi 6.18% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    The Camden National Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from The Camden National Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    3,082

    Origination Dollar Volume (All Markets)

    $649,170,000

    Employee count

    615 Show all (8) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 749 $208,935,000 $278,952 $3,944 4.69%
    Outside of Metro Areas 1,223 $187,425,000 $153,250 $3,291 4.58%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 359 $146,095,000 $406,950 $3,732 4.69%
    Augusta-Waterville, ME (FHA|USDA|VA) 309 $36,015,000 $116,553 $3,463 4.68%
    BANGOR, ME (FHA|USDA|VA) 212 $26,350,000 $124,292 $3,213 4.61%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 136 $16,620,000 $122,206 $2,844 4.63%
    WORCESTER, MA-CT (FHA|USDA|VA) 15 $5,745,000 $383,000 $4,485 5.24%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 18 $5,300,000 $294,444 $3,271 4.40%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 15 $3,845,000 $256,333 $3,322 4.64%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 11 $1,975,000 $179,545 $3,775 5.42%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $1,535,000 $511,667 $5,115 3.79%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $1,485,000 $495,000 $5,568 5.13%
    PITTSFIELD, MA (FHA|USDA|VA) 1 $935,000 $935,000 $0 5.00%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $755,000 $755,000 $8,512 3.88%
    Vineyard Haven, MA (FHA|USDA|VA) 1 $705,000 $705,000 $0 4.63%
    Barre, VT (FHA|USDA|VA) 2 $560,000 $280,000 $4,055 5.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $510,000 $255,000 $4,207 5.19%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $455,000 $455,000 $4,216 3.50%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $435,000 $435,000 $5,176 4.99%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $365,000 $365,000 $3,503 4.63%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $365,000 $365,000 $4,935 4.88%
    Sunbury, PA (FHA|USDA|VA) 1 $335,000 $335,000 $4,582 4.25%
    Laconia, NH (FHA|USDA|VA) 2 $310,000 $155,000 $2,753 5.13%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 2 $290,000 $145,000 $8,478 4.94%
    Berlin, NH (FHA|USDA|VA) 2 $290,000 $145,000 $3,067 4.38%
    Rutland, VT (FHA|USDA|VA) 1 $225,000 $225,000 $4,570 5.00%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $225,000 $225,000 $3,069 4.63%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $190,000 $95,000 $2,826 5.13%
    NEW BERN, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,378 5.38%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,369 4.13%
    Lebanon, NH-VT (FHA|USDA|VA) 2 $150,000 $75,000 $1,987 5.19%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $145,000 $145,000 $3,651 4.25%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $145,000 $145,000 $3,126 4.99%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $105,000 $105,000 $3,391 5.00%
    The Camden National Bank's top markets include Portland, Boston, Augusta, Bangor, and Lewiston among others.

    Their top states include:
  • Maine (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)
  • Vermont (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against The Camden National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Westport Federal Credit Union
    Similarity Rank: 23
    Notre Dame Community Federal Credit Union
    Similarity Rank: 38
    First National Bank
    Similarity Rank: 60
    PAWTUCKET
    Similarity Rank: 60
    LISBON COMMUNITY
    Similarity Rank: 65
    Bank of Easton
    Similarity Rank: 66
    Saco Valley Credit Union
    Similarity Rank: 70
    Charter Oak Federal Credit Union
    Similarity Rank: 84
    MAINE HIGHLANDS FEDERAL CREDIT UNION
    Similarity Rank: 84
    CASCO
    Similarity Rank: 90

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,870 $511,620,000 $273,594 $3,156 4.82%
    HELOC 924 $84,960,000 $91,948 n/a 4.30%
    FHA 130 $25,780,000 $198,308 $6,839 4.79%
    USDA 91 $12,185,000 $133,901 $4,275 4.20%
    VA 67 $14,625,000 $218,284 $5,330 4.60%

    For 2018, The Camden National Bank's most frequently originated type of loan was Conventional, with 1,870 originations. Their 2nd most popular type was HELOC, with 924 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,449 $406,565,000 $280,583 $4,075 4.73%
    Cash Out Refi 560 $114,710,000 $204,839 $2,478 4.66%
    Home Improvement 509 $46,595,000 $91,542 $4,107 4.48%
    Other 351 $33,185,000 $94,544 $1,644 4.45%
    Refi 213 $48,115,000 $225,892 $2,343 4.69%

    For 2018, The Camden National Bank's most frequently cited loan purpose was Home Purchase, with 1,449 originations. The 2nd most popular reason was Cash Out Refi, with 560 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,295 $527,275,000 $229,749 $4,088 4.46%
    20 Year 461 $51,445,000 $111,594 $1,880 5.48%
    15 Year 150 $29,370,000 $195,800 $2,906 4.59%
    Other 115 $25,945,000 $225,609 $650 4.92%
    10 Year 48 $12,350,000 $257,292 $1,601 4.88%
    1 Year 7 $1,825,000 $260,714 $0 4.85%
    5 Year 5 $945,000 $189,000 $0 5.04%
    3 Year 1 $15,000 $15,000 $0 7.25%

    For 2018, The Camden National Bank's most frequently cited loan duration was 30 Year, with 2,295 originations. The 2nd most popular length was 20 Year, with 461 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,599 $411,335,000 $257,245
    $1k-2k 126 $20,970,000 $166,429
    $2k-3k 60 $10,980,000 $183,000
    $3k-4k 34 $7,790,000 $229,118
    $5k+ 29 $17,755,000 $612,241
    $4k-5k 20 $5,820,000 $291,000

    The Camden National Bank's average total fees were $4,088, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,599 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,616 $379,840,000 $235,050
    5-6% 603 $101,415,000 $168,184
    3-4% 350 $120,860,000 $345,314
    2.5-3% 339 $31,915,000 $94,145
    6-7% 128 $11,480,000 $89,688
    7-8% 44 $3,390,000 $77,045

    During 2018, The Camden National Bank's average interest rate for loans was 4.46%, while their most frequently originated rate bucket for loans was 4-5%, with 1,616 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,088 $60,370,000 $55,487 $1,579 4.67%
    $100k-200k 919 $130,565,000 $142,073 $3,676 4.69%
    $200k-400k 698 $191,550,000 $274,427 $4,077 4.67%
    $400k-600k 203 $97,705,000 $481,305 $4,395 4.48%
    $600k-1MM 125 $90,535,000 $724,280 $4,952 4.25%
    $1MM+ 49 $78,445,000 $1,600,918 $7,209 4.30%

    2018 saw The Camden National Bank place emphasis on $100,000 or less loans with 1,088 originations, totaling $60,370,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 605 $86,125,000 $142,355 $3,347 4.58%
    $100k-150k 548 $109,140,000 $199,161 $3,413 4.75%
    $50k or less 533 $47,135,000 $88,433 $2,881 4.50%
    $150k-250k 439 $123,315,000 $280,900 $3,527 4.67%
    $75k-100k 402 $64,340,000 $160,050 $3,522 4.73%
    $250k+ 350 $170,270,000 $486,486 $4,307 4.53%

    The Camden National Bank lent most frequently to those with incomes in the $50k-75k range, with 605 originations. The second most popular income band? $100k-150k, with 548 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 620 $121,770,000 $196,403 $3,268 4.59%
    30-36% 498 $97,940,000 $196,667 $3,992 4.66%
    <20% 269 $59,515,000 $221,245 $2,922 4.35%
    47% 147 $27,105,000 $184,388 $3,381 4.51%
    43% 136 $30,340,000 $223,088 $3,265 4.70%
    37% 123 $25,175,000 $204,675 $3,236 4.73%
    46% 122 $26,530,000 $217,459 $3,468 4.51%
    42% 116 $26,550,000 $228,879 $3,335 4.70%
    44% 112 $24,580,000 $219,464 $3,682 4.74%
    38% 106 $21,680,000 $204,528 $3,647 4.68%
    39% 101 $20,965,000 $207,574 $3,789 4.81%
    45% 99 $21,145,000 $213,586 $3,651 4.48%
    40% 97 $17,435,000 $179,742 $3,430 4.64%
    41% 95 $18,785,000 $197,737 $3,269 4.72%
    36% 87 $19,715,000 $226,609 $3,078 4.69%
    50-60% 69 $12,535,000 $181,667 $5,315 4.62%
    49% 58 $16,460,000 $283,793 $3,930 4.81%
    48% 49 $14,035,000 $286,429 $3,906 4.91%
    >60% 10 $1,670,000 $167,000 $4,149 4.96%

    The Camden National Bank lent most frequently to those with DTI ratios of 20-30%, with 620 originations. The next most common DTI ratio? 30-36%, with 498 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,663 $531,895,000 $199,735 $3,531 4.62%
    Not provided 258 $69,970,000 $271,202 $3,625 4.69%
    Not applicable 117 $37,715,000 $322,350 $0 5.01%
    Asian 17 $4,895,000 $287,941 $3,440 4.48%
    Black 13 $2,405,000 $185,000 $4,471 4.62%
    American Indian 8 $1,310,000 $163,750 $5,303 4.78%
    Korean 2 $280,000 $140,000 $2,845 4.37%
    Native Hawaiian or Islander 1 $255,000 $255,000 $2,906 4.25%
    Asian Indian 1 $255,000 $255,000 $0 3.49%
    Other Asian 1 $105,000 $105,000 $1,972 4.50%
    Filipino 1 $85,000 $85,000 $315 4.99%

    Approval Rates

    Total approvals of all applications
    89.55%

    The Camden National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.13%

    The Camden National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,082 $649,170,000 $210,633

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $505,000 $505,000
    Multifamily:Site-Built 56 $28,810,000 $514,464
    Single Family (1-4 Units):Manufactured 40 $3,570,000 $89,250
    Single Family (1-4 Units):Site-Built 2,985 $616,285,000 $206,461

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 469 $47,305,000 $100,864 $1,615 4.61%
    40-60% 369 $73,945,000 $200,393 $3,670 4.48%
    60-80% 894 $265,420,000 $296,890 $3,559 4.60%
    80-100% 811 $208,355,000 $256,911 $4,254 4.69%
    Over 100% 12 $2,610,000 $217,500 $7,737 4.79%
    Under 20% 423 $22,325,000 $52,778 $603 4.70%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Camden National Bank 15 Parkway South Brewer, ME 4412 Full Service B&M $36,011
    The Camden National Bank 106 Main Street Thomaston, ME 4861 Full Service B&M $46,605
    The Camden National Bank 1083 West Main Street Dover Foxcroft, ME 4426 Full Service B&M $33,411
    The Camden National Bank 111 Main Street Richmond, ME 4357 Full Service B&M $30,960
    The Camden National Bank 1176 Union Street Bangor, ME 4401 Full Service B&M $28,801
    The Camden National Bank 130 Community Drive Augusta, ME 4330 Full Service B&M $34,014
    The Camden National Bank 1316 State Highway 102 Bar Harbor, ME 4609 Full Service B&M $30,526
    The Camden National Bank 137 Main Street Brunswick, ME 4011 Full Service B&M $23,935
    The Camden National Bank 14 Winthrop Street Hallowell, ME 4347 Full Service B&M $24,825
    The Camden National Bank 145 Elm Street Camden, ME 4843 Full Service B&M $68,548
    The Camden National Bank 16 Topsham Fair Mall Road Topsham, ME 4086 Full Service B&M $22,442
    The Camden National Bank 17 Belmont Avenue Belfast, ME 4915 Full Service B&M $19,448
    The Camden National Bank 1768 Atlantic Highway Waldoboro, ME 4572 Full Service B&M $48,549
    The Camden National Bank 178 Court Street Auburn, ME 4210 Full Service B&M $66,756
    The Camden National Bank 189 Townsend Avenue Boothbay Harbor, ME 4538 Full Service B&M $20,718
    The Camden National Bank 19 Water Street Castine, ME 4421 Full Service B&M $13,826
    The Camden National Bank 190 Water Street Gardiner, ME 4345 Full Service B&M $86,292
    The Camden National Bank 2 Canal Plaza Portland, ME 4101 Full Service B&M $309,554
    The Camden National Bank 2 Elm Street Camden, ME 4843 Full Service B&M $617,535
    The Camden National Bank 2 Main Street Winthrop, ME 4364 Full Service B&M $26,227
    The Camden National Bank 20 Lily Bay Rd Greenville, ME 4441 Full Service B&M $34,527
    The Camden National Bank 21 Armory Street Augusta, ME 4330 Full Service B&M $36,487
    The Camden National Bank 240 Us Route 1 Falmouth, ME 4105 Full Service B&M $16,802
    The Camden National Bank 2530 Us Route 2 Hermon, ME 4401 Full Service B&M $24,936
    The Camden National Bank 258 Kennedy Memorial Drive Waterville, ME 4901 Full Service B&M $35,937
    The Camden National Bank 268 Water Street Randolph, ME 4346 Full Service B&M $13,508
    The Camden National Bank 29 Main Street Milbridge, ME 4658 Full Service B&M $31,809
    The Camden National Bank 3 Atlantic Avenue Stonington, ME 4681 Full Service B&M $27,157
    The Camden National Bank 3 Myrick Street Ellsworth, ME 4605 Full Service B&M $27,693
    The Camden National Bank 300 Main Street Rockland, ME 4841 Full Service B&M $153,339
    The Camden National Bank 317 Main Street Corinth, ME 4427 Full Service B&M $12,950
    The Camden National Bank 33 Main Street Waterville, ME 4901 Full Service B&M $41,059
    The Camden National Bank 330 Main Street Old Town, ME 4468 Full Service B&M $34,994
    The Camden National Bank 344 Main Street Calais, ME 4619 Full Service B&M $18,143
    The Camden National Bank 36 Portland Road Kennebunk, ME 4043 Full Service B&M $42,543
    The Camden National Bank 374 Maine Street Belfast, ME 4915 Full Service B&M $94,279
    The Camden National Bank 382 Main Street Bucksport, ME 4416 Full Service B&M $32,011
    The Camden National Bank 4 Coastal Market Drive Damariscotta, ME 4543 Full Service B&M $35,170
    The Camden National Bank 51 Main Street Jonesport, ME 4649 Full Service B&M $15,077
    The Camden National Bank 51 Main Street Oakland, ME 4963 Full Service B&M $15,614
    The Camden National Bank 511 Congress Street Portland, ME 4101 Full Service B&M $0
    The Camden National Bank 52 Bath Road Wiscasset, ME 4578 Full Service B&M $31,678
    The Camden National Bank 53 Main Street Madison, ME 4950 Full Service B&M $22,633
    The Camden National Bank 53 Main Street Milo, ME 4463 Full Service B&M $14,798
    The Camden National Bank 58 North Hampden, ME 4444 Full Service B&M $10,469
    The Camden National Bank 6 Gurnet Road Brunswick, ME 4011 Full Service B&M $21,394
    The Camden National Bank 6 M And M Place Machias, ME 4654 Full Service B&M $3,869
    The Camden National Bank 6 Main Street Vinalhaven, ME 4863 Full Service B&M $25,518
    The Camden National Bank 640 Main Street Saco, ME 4072 Full Service B&M $36,316
    The Camden National Bank 659 Route 1 York, ME 3909 Full Service B&M $44,748
    The Camden National Bank 66 Eastern Avenue Augusta, ME 4330 Full Service B&M $49,079
    The Camden National Bank 66 Main Street Ellsworth, ME 4605 Full Service B&M $75,152
    The Camden National Bank 7 Chandler Drive Bath, ME 4530 Full Service B&M $39,533
    The Camden National Bank 80 Exchange Street Bangor, ME 4401 Full Service B&M $87,872
    The Camden National Bank 88 Main Street Newport, ME 4953 Full Service B&M $17,610
    The Camden National Bank 9 Pond Road Manchester, ME 4351 Full Service B&M $31,084
    The Camden National Bank 9 Tenney Hill Blue Hill, ME 4614 Full Service B&M $64,827
    The Camden National Bank 96 State Street Augusta, ME 4330 Full Service B&M $38,609
    The Camden National Bank 993 Lisbon Street Lewiston, ME 4240 Full Service B&M $76,385
    The Camden National Bank Main And River Streets Bingham, ME 4920 Full Service B&M $16,330
    The Camden National Bank Union Common Union, ME 4862 Full Service B&M $43,361

    For 2018, The Camden National Bank had 61 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $151,249
    Net interest income $123,680
    Total noninterest income $37,905
    Gross Fiduciary activities income $5,376
    Service charges on deposit accounts $8,172
    Trading account gains and fees $0
    Additional Noninterest Income $24,357
    Pre-tax net operating income $69,362
    Securities gains (or losses, -) $275
    Income before extraordinary items $56,071
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $56,071
    Minority interest net income $0
    Net income $56,071
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $55,848

    The Camden National Bank's gross interest income from loans was $151,249,000.
    The Camden National Bank's net interest income from loans was $123,680,000.
    The Camden National Bank's fee based income from loans was $8,172,000.
    The Camden National Bank's net income from loans was $56,071,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $27,569
    Provision for credit losses $845
    Total noninterest expense $91,378
    Salaries and employee benefits $51,513
    Premises and equipment expense $14,845
    Additional noninterest expense $25,020
    Applicable income taxes $13,566
    Net charge-offs $304
    Cash dividends $28,100

    The Camden National Bank's interest expense for loans was $27,569,000.
    The Camden National Bank's payroll and benefits expense were $51,513,000.
    The Camden National Bank's property, plant and equipment expenses $14,845,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $3,496,823
    Deposits held in domestic offices $3,496,823
    Deposits by Individuals, partnerships, and corporations $3,090,372
    Deposits by U.S. Government $80
    Deposits by States and political subdivisions in the U.S. $398,298
    Deposits by Commercial banks and other depository institutions in U.S. $8,073
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $375,756
    Demand deposits $244,538
    Nontransaction accounts $3,121,067
    Money market deposit accounts (MMDAs) $1,974,861
    Other savings deposits (excluding MMDAs) $484,925
    Total time deposits $661,281
    Total time and savings deposits $3,252,285
    Noninterest-bearing deposits $625,130
    Interest-bearing deposits $2,871,693
    Retail deposits $3,169,877
    IRAs and Keogh plan accounts $107,779
    Brokered deposits $363,104
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,281,999
    Cash & Balances due from depository institutions $66,980
    Interest-bearing balances $14,740
    Total securities $911,999
    Federal funds sold & reverse repurchase $0
    Net loans and leases $3,005,913
    Loan and leases loss allowance $24,712
    Trading account assets $3,467
    Bank premises and fixed assets $42,495
    Other real estate owned $130
    Goodwill and other intangibles $99,758
    All other assets $151,257

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,281,999
    Total Liabilities $3,817,114
    Total deposits $3,496,823
    Interest-bearing deposits $2,871,693
    Deposits held in domestic offices $3,496,823
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $245,868
    Trading liabilities $7,841
    Other borrowed funds $36,580
    Subordinated debt $0
    All other liabilities $30,002

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,005,913
    Loan and leases loss allowance $24,712
    Total loans and leases (domestic) $3,030,625
    All real estate loans $2,650,995
    Real estate loans in domestic offices $2,650,995
    Construction and development loans $115,038
    Residential 1-4 family construction $23,616
    Other construction, all land development and other land $91,422
    Loans secured by nonfarm nonresidential properties $1,013,334
    Nonfarm nonresidential secured by owner-occupied properties $289,600
    Commercial real estate & other non-farm, non-residential $723,734
    Multifamily residential real estate $157,934
    1-4 family residential loans $1,362,649
    Farmland loans $2,040
    Loans held in foreign offices $0
    Farm loans $18,645
    Commercial and industrial loans $324,701
    To non-U.S. addressees $0
    Loans to individuals $21,204
    Credit card loans $0
    Related Plans $1,849
    Consumer Auto Loans $6,323
    Other loans to individuals $13,032
    All other loans & leases $16,858
    Loans to foreign governments and official institutions $0
    Other loans $3,236
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $2,411
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $3,893
    Non 1-4 family restructured loans & leases $655
    Total loans and leases (foreign) $0

    The Camden National Bank had $3,005,913,000 of loans outstanding in 2018. $2,650,995,000 of loans were in real estate loans. $115,038,000 of loans were in development loans. $157,934,000 of loans were in multifamily mortgage loans. $1,362,649,000 of loans were in 1-4 family mortgage loans. $18,645,000 of loans were in farm loans. $0 of loans were in credit card loans. $6,323,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 1,314 $266,547 $202,852
    Nonfarm, nonresidential loans - <$100k 270 $10,216 $37,837
    Nonfarm, nonresidential loans - $100-250k 527 $64,450 $122,296
    Nonfarm, nonresidential loans - $250k-1MM 517 $191,881 $371,143
    Commercial & Industrial, US addressed loans - <$1MM 2,292 $127,357 $55,566
    Commercial & Industrial, US addressed loans - <$100k 1,641 $21,296 $12,977
    Commercial & Industrial, US addressed loans - $100-250k 321 $27,593 $85,960
    Commercial & Industrial, US addressed loans - $250k-1MM 330 $78,468 $237,782
    Farmland loans - <$1MM 14 $1,658 $118,429
    Farmland loans - <$100k 6 $212 $35,333
    Farmland loans - $100-250k 5 $683 $136,600
    Farmland loans - $250k-1MM 3 $763 $254,333
    Agriculture operations loans - <$1MM 339 $17,391 $51,301
    Agriculture operations loans - <$100k 248 $4,317 $17,407
    Agriculture operations loans - $100-250k 54 $5,513 $102,093
    Agriculture operations loans - $250k-1MM 37 $7,561 $204,351