The Camden National Bank Mortgage Rates, Fees & Info
Camden, MELEI: 549300VMVKSQE1B7DD43
Tax ID: 01-0039505
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Mortgage Data
Bank Data
Review & Overview
The Camden National Bank is a small bank specializing in Home Purchase and Refi 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 Manchester among others. We have data for 61 markets. (Some data included below & more in-depth data is available with an active subscription.)The Camden National Bank has an above 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 5.97% | 4/18/24 |
| 30 Year Conventional Purchase | 6.33% | 4/18/24 |
| 30 Year Conventional Refi | 6.35% | 4/18/24 |
| 30 Year Cash-out Refi | 6.47% | 4/18/24 |
| 30 Year FHA Purchase | 7.11% | 4/18/24 |
| 30 Year FHA Refi | 7.57% | 4/18/24 |
| 30 Year VA Purchase | 6.24% | 4/18/24 |
| 30 Year VA Refi | 7.13% | 4/18/24 |
| 30 Year USDA Purchase | 6.02% | 4/18/24 |
| 15 Year Conventional Purchase | 6.08% | 4/18/24 |
| 15 Year Conventional Refi | 6.18% | 4/18/24 |
| 15 Year Cash-out Refi | 6.18% | 4/18/24 |
| 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
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,697Origination Dollar Volume (All Markets)
$1,236,495,000Employee count
623Awards
The Camden National Bank - 2021
The Camden National Bank is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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) | 1,073 | $472,045,000 | $439,930 | $3,882 | 3.15% |
| Outside of Metro Areas | 1,275 | $320,925,000 | $251,706 | $3,788 | 3.24% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 459 | $208,245,000 | $453,693 | $3,505 | 3.00% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 329 | $55,885,000 | $169,863 | $3,452 | 3.33% |
| BANGOR, ME (FHA|USDA|VA) | 222 | $44,170,000 | $198,964 | $3,600 | 3.31% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 23 | $34,095,000 | $1,482,391 | $3,090 | 3.36% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 130 | $22,890,000 | $176,077 | $3,352 | 3.32% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 43 | $15,215,000 | $353,837 | $4,188 | 2.80% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 23 | $9,645,000 | $419,348 | $3,282 | 2.82% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 22 | $7,220,000 | $328,182 | $3,984 | 2.94% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 5 | $4,595,000 | $919,000 | $4,985 | 2.87% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 9 | $3,625,000 | $402,778 | $4,575 | 3.35% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 5 | $2,835,000 | $567,000 | $5,000 | 2.75% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 7 | $2,425,000 | $346,429 | $4,165 | 2.96% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $2,350,000 | $587,500 | $4,024 | 2.84% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $2,100,000 | $525,000 | $3,607 | 3.00% |
| Edwards, CO (FHA|USDA|VA) | 2 | $2,040,000 | $1,020,000 | $4,395 | 2.62% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $1,440,000 | $720,000 | $6,493 | 2.63% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 2 | $1,360,000 | $680,000 | $5,070 | 2.88% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $0 | 3.75% |
| Concord, NH (FHA|USDA|VA) | 2 | $1,190,000 | $595,000 | $2,306 | 3.19% |
| Lebanon, NH-VT (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $4,248 | 2.88% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $1,125,000 | $1,125,000 | $5,518 | 2.75% |
| Laconia, NH (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $3,211 | 3.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $4,773 | 2.67% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $1,080,000 | $540,000 | $4,768 | 2.63% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $3,938 | 2.62% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $3,421 | 3.18% |
| OCALA, FL (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $7,809 | 2.75% |
| Keene, NH (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $6,388 | 3.12% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $3,629 | 2.88% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $4,145 | 2.25% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $2,629 | 2.58% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $3,097 | 2.88% |
| Malone, NY (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $4,782 | 2.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $3,735 | 3.00% |
| Berlin, NH (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $4,131 | 2.99% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $5,926 | 2.25% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $4,592 | 2.88% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $6,063 | 2.63% |
| WACO, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,599 | 3.38% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $4,473 | 3.50% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,605 | 2.88% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $4,100 | 3.25% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,283 | 3.06% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,441 | 2.50% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,412 | 3.38% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,254 | 2.88% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,470 | 3.38% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,012 | 2.88% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 3.25% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,572 | 3.13% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.00% |
| Key West, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,317 | 3.25% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,030 | 3.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,282 | 3.25% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,743 | 3.63% |
| Batesville, AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,835 | 4.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,484 | 2.99% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,482 | 3.50% |
| Barre, VT (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,122 | 2.88% |
Similar Lenders
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Product Mix
For 2021, The Camden National Bank's most frequently originated type of loan was Conventional, with 2,872 originations. Their 2nd most popular type was HELOC, with 642 originations.
Loan Reason
For 2021, The Camden National Bank's most frequently cited loan purpose was Home Purchase, with 1,491 originations. The 2nd most popular reason was Refi, with 891 originations.
Loan Duration/Length
For 2021, The Camden National Bank's most frequently cited loan duration was 30 Year, with 2,904 originations. The 2nd most popular length was 15 Year, with 441 originations.
Origination Fees/Closing Costs
The Camden National Bank's average total fees were $3,949, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,439 originations.
Interest Rates
During 2021, The Camden National Bank's average interest rate for loans was 3.19%, while their most frequently originated rate bucket for loans was 3-4%, with 1,598 originations.
Loan Sizing
2021 saw The Camden National Bank place emphasis on $200k-400k loans with 1,228 originations, totaling $347,680,000 in origination value.
Applicant Income
The Camden National Bank lent most frequently to those with incomes in the $100k-150k range, with 682 originations. The second most popular income band? $150k-250k, with 679 originations.
Applicant Debt to Income Ratio
The Camden National Bank lent most frequently to those with DTI ratios of 20-30%, with 837 originations. The next most common DTI ratio? 30-36%, with 660 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.41%
The Camden National Bank has an average approval rate.
Pick Rate
Approvals leading to origination81.20%
The Camden National Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,697 | $1,236,495,000 | $334,459 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,697 | $1,236,495,000 | $334,459 |
LTV Distribution
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| The Camden National Bank | 300 Main Street Rockland, ME 4841 | Full Service B&M | $220,052 |
| The Camden National Bank | 330 Main Street Old Town, ME 4468 | Full Service B&M | $59,748 |
| The Camden National Bank | 344 Main Street Calais, ME 4619 | Full Service B&M | $18,843 |
| The Camden National Bank | 66 Eastern Avenue Augusta, ME 4330 | Full Service B&M | $65,770 |
| The Camden National Bank | 66 Main Street Ellsworth, ME 4605 | Full Service B&M | $126,852 |
| The Camden National Bank | 106 Main Street Thomaston, ME 4861 | Full Service B&M | $58,267 |
| The Camden National Bank | 1083 West Main Street Dover Foxcroft, ME 4426 | Full Service B&M | $74,700 |
| The Camden National Bank | 111 Main Street Richmond, ME 4357 | Full Service B&M | $42,379 |
| The Camden National Bank | 1176 Union Street Bangor, ME 4401 | Full Service B&M | $64,446 |
| The Camden National Bank | 130 Community Drive Augusta, ME 4330 | Full Service B&M | $67,832 |
| The Camden National Bank | 1316 State Highway 102 Bar Harbor, ME 4609 | Full Service B&M | $34,104 |
| The Camden National Bank | 137 Main Street Brunswick, ME 4011 | Full Service B&M | $28,489 |
| The Camden National Bank | 14 Winthrop Street Hallowell, ME 4347 | Full Service B&M | $34,290 |
| The Camden National Bank | 145 Elm Street Camden, ME 4843 | Full Service B&M | $90,870 |
| The Camden National Bank | 15 Parkway South Brewer, ME 4412 | Full Service B&M | $45,766 |
| The Camden National Bank | 150 Main Street Waterville, ME 4901 | Full Service B&M | $65,262 |
| The Camden National Bank | 16 Topsham Fair Mall Road Topsham, ME 4086 | Full Service B&M | $40,883 |
| The Camden National Bank | 17 Belmont Avenue Belfast, ME 4915 | Full Service B&M | $31,026 |
| The Camden National Bank | 1768 Atlantic Highway Waldoboro, ME 4572 | Full Service B&M | $65,289 |
| The Camden National Bank | 178 Court Street Auburn, ME 4210 | Full Service B&M | $97,520 |
| The Camden National Bank | 189 Townsend Avenue Boothbay Harbor, ME 4538 | Full Service B&M | $29,358 |
| The Camden National Bank | 19 Water Street Castine, ME 4421 | Full Service B&M | $23,756 |
| The Camden National Bank | 190 Water Street Gardiner, ME 4345 | Full Service B&M | $104,285 |
| The Camden National Bank | 2 Canal Plaza Portland, ME 4101 | Full Service B&M | $482,583 |
| The Camden National Bank | 2 Elm St Camden, ME 4843 | Full Service B&M | $737,395 |
| The Camden National Bank | 2 Main Street Winthrop, ME 4364 | Full Service B&M | $29,909 |
| The Camden National Bank | 20 Lily Bay Rd Greenville, ME 4441 | Full Service B&M | $40,641 |
| The Camden National Bank | 21 Armory Street Augusta, ME 4330 | Full Service B&M | $44,422 |
| The Camden National Bank | 210 Commerce Way Suite 350 Portsmouth, NH 3801 | Full Service B&M | $44,656 |
| The Camden National Bank | 240 Us Route 1 Falmouth, ME 4105 | Full Service B&M | $26,782 |
| The Camden National Bank | 2530 Us Route 2 Hermon, ME 4401 | Full Service B&M | $30,390 |
| The Camden National Bank | 258 Kennedy Memorial Drive Waterville, ME 4901 | Full Service B&M | $44,714 |
| The Camden National Bank | 268 Water Street Randolph, ME 4346 | Full Service B&M | $19,916 |
| The Camden National Bank | 29 Main Street Milbridge, ME 4658 | Full Service B&M | $36,948 |
| The Camden National Bank | 3 Atlantic Avenue Stonington, ME 4681 | Full Service B&M | $35,310 |
| The Camden National Bank | 3 Myrick Street Ellsworth, ME 4605 | Full Service B&M | $35,299 |
| The Camden National Bank | 36 Portland Road, P.O. Box 1130 Kennebunk, ME 4043 | Full Service B&M | $93,847 |
| The Camden National Bank | 374 Maine Street Belfast, ME 4915 | Full Service B&M | $133,274 |
| The Camden National Bank | 382 Main Street Bucksport, ME 4416 | Full Service B&M | $32,730 |
| The Camden National Bank | 435 Main Street Damariscotta, ME 4543 | Full Service B&M | $50,374 |
| The Camden National Bank | 51 Main Street Jonesport, ME 4649 | Full Service B&M | $23,076 |
| The Camden National Bank | 51 Main Street Oakland, ME 4963 | Full Service B&M | $36,126 |
| The Camden National Bank | 52 Bath Road Wiscasset, ME 4578 | Full Service B&M | $36,405 |
| The Camden National Bank | 53 Main Street Madison, ME 4950 | Full Service B&M | $28,600 |
| The Camden National Bank | 6 Gurnet Road Brunswick, ME 4011 | Full Service B&M | $35,405 |
| The Camden National Bank | 6 M And M Place Machias, ME 4654 | Full Service B&M | $4,853 |
| The Camden National Bank | 6 Main Street Vinalhaven, ME 4863 | Full Service B&M | $35,914 |
| The Camden National Bank | 640 Main Street Saco, ME 4072 | Full Service B&M | $71,444 |
| The Camden National Bank | 659 Route 1 York, ME 3909 | Full Service B&M | $50,042 |
| The Camden National Bank | 7 Chandler Drive Bath, ME 4530 | Full Service B&M | $49,633 |
| The Camden National Bank | 80 Exchange Street Bangor, ME 4401 | Full Service B&M | $164,685 |
| The Camden National Bank | 88 Main Street Newport, ME 4953 | Full Service B&M | $27,344 |
| The Camden National Bank | 9 Pond Road Manchester, ME 4351 | Full Service B&M | $42,129 |
| The Camden National Bank | 9 Tenney Hill Blue Hill, ME 4614 | Full Service B&M | $84,267 |
| The Camden National Bank | 96 State Street Augusta, ME 4330 | Full Service B&M | $50,099 |
| The Camden National Bank | 993 Lisbon Street Lewiston, ME 4240 | Full Service B&M | $102,573 |
| The Camden National Bank | Main And River Streets Bingham, ME 4920 | Full Service B&M | $20,795 |
| The Camden National Bank | Union Common Union, ME 4862 | Full Service B&M | $59,019 |
For 2021, The Camden National Bank had 58 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $148,477 |
| Net interest income | $140,285 |
| Total noninterest income | $50,085 |
| Gross Fiduciary activities income | $6,516 |
| Service charges on deposit accounts | $6,626 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $36,943 |
| Pre-tax net operating income | $89,946 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $71,569 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $71,569 |
| Minority interest net income | $0 |
| Net income | $71,569 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $71,569 |
The Camden National Bank's gross interest income from loans was $148,477,000.
The Camden National Bank's net interest income from loans was $140,285,000.
The Camden National Bank's fee based income from loans was $6,626,000.
The Camden National Bank's net income from loans was $71,569,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $8,192 |
| Provision for credit losses | $-3,190 |
| Total noninterest expense | $103,614 |
| Salaries and employee benefits | $61,007 |
| Premises and equipment expense | $17,164 |
| Additional noninterest expense | $25,443 |
| Applicable income taxes | $18,377 |
| Net charge-offs | $792 |
| Cash dividends | $41,700 |
The Camden National Bank's interest expense for loans was $8,192,000.
The Camden National Bank's payroll and benefits expense were $61,007,000.
The Camden National Bank's property, plant and equipment expenses $17,164,000.
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 | $4,643,228 |
| Deposits held in domestic offices | $4,643,228 |
| Deposits by Individuals, partnerships, and corporations | $4,271,644 |
| Deposits by U.S. Government | $131 |
| Deposits by States and political subdivisions in the U.S. | $363,682 |
| Deposits by Commercial banks and other depository institutions in U.S. | $7,771 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $2,823,993 |
| Demand deposits | $2,003,300 |
| Nontransaction accounts | $1,819,235 |
| Money market deposit accounts (MMDAs) | $766,726 |
| Other savings deposits (excluding MMDAs) | $742,861 |
| Total time deposits | $309,648 |
| Total time and savings deposits | $2,639,928 |
| Noninterest-bearing deposits | $1,313,904 |
| Interest-bearing deposits | $3,329,324 |
| Retail deposits | $4,358,936 |
| IRAs and Keogh plan accounts | $92,191 |
| Brokered deposits | $208,468 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $5,481,237 |
| Cash & Balances due from depository institutions | $220,625 |
| Interest-bearing balances | $181,723 |
| Total securities | $1,508,777 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $3,404,033 |
| Loan and leases loss allowance | $33,256 |
| Trading account assets | $19,297 |
| Bank premises and fixed assets | $55,154 |
| Other real estate owned | $165 |
| Goodwill and other intangibles | $99,355 |
| All other assets | $173,831 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $5,481,237 |
| Total Liabilities | $4,923,192 |
| Total deposits | $4,643,228 |
| Interest-bearing deposits | $3,329,324 |
| Deposits held in domestic offices | $4,643,228 |
| % insured (estimated) | $76 |
| Federal funds purchased and repurchase agreements | $211,608 |
| Trading liabilities | $0 |
| Other borrowed funds | $4,776 |
| Subordinated debt | $0 |
| All other liabilities | $63,580 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $3,404,033 |
| Loan and leases loss allowance | $33,256 |
| Total loans and leases (domestic) | $3,437,289 |
| All real estate loans | $3,052,507 |
| Real estate loans in domestic offices | $3,052,507 |
| Construction and development loans | $154,415 |
| Residential 1-4 family construction | $49,808 |
| Other construction, all land development and other land | $104,607 |
| Loans secured by nonfarm nonresidential properties | $1,120,892 |
| Nonfarm nonresidential secured by owner-occupied properties | $330,922 |
| Commercial real estate & other non-farm, non-residential | $789,970 |
| Multifamily residential real estate | $221,898 |
| 1-4 family residential loans | $1,553,724 |
| Farmland loans | $1,578 |
| Loans held in foreign offices | $0 |
| Farm loans | $20,334 |
| Commercial and industrial loans | $314,260 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $19,530 |
| Credit card loans | $0 |
| Related Plans | $2,480 |
| Consumer Auto Loans | $6,428 |
| Other loans to individuals | $10,622 |
| All other loans & leases | $30,658 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $15,941 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $1,352 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $2,392 |
| Non 1-4 family restructured loans & leases | $312 |
| Total loans and leases (foreign) | $0 |
The Camden National Bank had $3,404,033,000 of loans outstanding in 2021. $3,052,507,000 of loans were in real estate loans. $154,415,000 of loans were in development loans. $221,898,000 of loans were in multifamily mortgage loans. $1,553,724,000 of loans were in 1-4 family mortgage loans. $20,334,000 of loans were in farm loans. $0 of loans were in credit card loans. $6,428,000 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 | 1,142 | $246,662 | $215,991 |
| Nonfarm, nonresidential loans - <$100k | 199 | $6,922 | $34,784 |
| Nonfarm, nonresidential loans - $100-250k | 445 | $52,466 | $117,901 |
| Nonfarm, nonresidential loans - $250k-1MM | 498 | $187,274 | $376,052 |
| Commercial & Industrial, US addressed loans - <$1MM | 2,557 | $126,309 | $49,397 |
| Commercial & Industrial, US addressed loans - <$100k | 1,893 | $27,173 | $14,354 |
| Commercial & Industrial, US addressed loans - $100-250k | 360 | $31,601 | $87,781 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 304 | $67,535 | $222,155 |
| Farmland loans - <$1MM | 12 | $1,578 | $131,500 |
| Farmland loans - <$100k | 3 | $78 | $26,000 |
| Farmland loans - $100-250k | 5 | $578 | $115,600 |
| Farmland loans - $250k-1MM | 4 | $922 | $230,500 |
| Agriculture operations loans - <$1MM | 385 | $19,086 | $49,574 |
| Agriculture operations loans - <$100k | 280 | $4,624 | $16,514 |
| Agriculture operations loans - $100-250k | 62 | $5,629 | $90,790 |
| Agriculture operations loans - $250k-1MM | 43 | $8,833 | $205,419 |