FDIC Certificate #: 9 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Camden National Bank (#4255) Federal Reserve ID: 563907 Date Established: January 01, 1907 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 13 (Interstate: No) OTS Docket #: 9781 FDIC's unique #: 4 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes 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: 66 Main Street, Ellsworth, ME 4605 County: Hancock 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
Financial Summary
Total assets: $539.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
142Total employees (full-time equivalent)
$539,169Total assets
$15,627Cash and due from depository institutions
$398Interest-bearing balances
$122,128Securities
$0Federal funds sold & reverse repurchase agreements
$369,248Net loans & leases
$4,130Loan loss allowance
$0Trading account assets
$8,232Bank premises and fixed assets
$120Other real estate owned
$503Goodwill and other intangibles
$9,478Life insurance assets
$23,311All other assets
$539,169Total liabilities and capital
$508,057Total liabilities
$342,440Total deposits
$285,415Interest-bearing deposits
$342,440Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$156,350Other borrowed funds
$0Subordinated debt
$9,267All other liabilities
$31,112Total equity capital
$31,112Total bank equity capital
$31,112Perpetual preferred stock
$0Common stock
$4,249Surplus
$4,882Undivided profits
Memoranda
$21,981Noncurrent loans and leases
$67,019Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,383Earning assets
$0Long-term assets (5+ years)
$1,352Average Assets, year-to-date
$491,774Average Assets, quarterly
$223,182Volatile liabilities
$542,957Insider loans
$539,324FHLB advances
$161,130Loans and leases held for sale
$3,786Unused loan commitments
$137,404Tier 1 (core) risk-based capital
$20,000Tier 2 risk-based capital
$0Total risk weighted assets
$67,019Total unused commitments
$420Restructured Loans and leases
$4,111Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$31,838Total interest income
$16,276Total interest expense
$15,562Net interest income
$520Provision for loan and lease losses
$5,762Total noninterest income
$1,939Fiduciary activities
$1,612Service charges on deposit accounts
$0Trading account gains & fees
$2,211Additional noninterest income
$18,275Total noninterest expense
$11,319Salaries and employee benefits
$2,831Premises and equipment expense
$4,125Additional noninterest expense
$2,529Pre-tax net operating income
$38Securities gains (losses)
$418Applicable income taxes
$2,149Income before extraordinary items
$0Extraordinary gains - net
$2,149Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$402Sale, conversion, retirement of capital stock, net
$9,182Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.39%Yield on earning assets
3.26%Cost of funding earning assets
3.12%Net interest margin
1.16%Noninterest income to earning assets
3.67%Noninterest expense to earning assets
0.39%Net operating income to assets
0.40%Return on assets (ROA)
0.47%Pretax return on assets
5.72%Return on equity (ROE)
-18.71%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
129.35%Credit loss provision to net charge-offs
7.58%Efficiency ratio
85,702Assets per employee
3.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
427.27%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
122.08%Noncurrent assets plus other real estate owned to assets
0.63%Noncurrent loans to loans
0.91%Net loans and leases to deposits
107.83%Net loans and leases to core deposits
118.68%Equity capital to assets
5.77%Core capital (leverage) ratio
5.83%Tier 1 risk-based capital ratio
9.48%Total risk-based capital ratio
Memoranda
$11Average assets
$542,957Average earning assets
$37,599Average equity
$498,546Average loans
Total Fiduciary and Related Assets (December 31, 2007)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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