PackageTrendsPeer
Letter portraitLegal landscape

Camden National Bank

Camden, ME · Cert 4255 · Camden National Corp.

National charter · OCC · 72 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating regionally3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets operating regionally (n=178). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

53

Q2 2024Q2 2026peer median (50)

Asset Quality

70

Q2 2024Q2 2026peer median (50)

Profitability

45

Q2 2024Q2 2026peer median (50)

Liquidity

99

Q2 2024Q2 2026peer median

Efficiency

67

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Camden National Bank

Camden, ME · Cert 4255 · Camden National Corp.

National charter · OCC · 72 branches

Q2 2026

$6.9BAssets
$5.0BLoans
$5.6BDeposits
$749.9MEquity
Loan mix
93%RE $4.6B6%C&I $0.3B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $4.5B20%Noninterest $1.1BQ2 2025Q2 2026

NIM

4.20%Q2 ’244.54%Q2 ’254.51%Q2 ’26+31%+7%

Non-interest income vs. expense

1.88%Q2 ’242.35%Q2 ’252.09%Q2 ’26+43%-20%

Market Position · Portland-South Portland, ME · 2026 SOD (annual) · 5.5% share · #8 of 23 inst. · $1.3B of $22.8B

51.6% Knox
5.2% Cumberland
20.7% Kennebec
9.7% Penobscot

Executive Summary

  • Earnings: ROA of 1.35%, up 63 bps year over year; NIM at 3.17%.
  • Asset quality: problem loans at 0.24% of loans (-12 bps YoY), with net charge-offs at 0.04%.
  • Capital: tier 1 leverage ratio of 9.12%, up 75 bps from a year ago.
  • Funding: loans stand at 89.73% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.35%+63 bps YoY

Net Interest Margin (YTD, annualized)

3.17%+19 bps YoY

Efficiency Ratio (YTD, annualized)

52.35%-1,085 bps YoY

Tier 1 Leverage Ratio

9.12%+75 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.72%0.91%1.03%1.31%1.35%+63 bps
Return on Equity7.44%9.32%10.35%12.48%12.70%+526 bps
Net Interest Margin2.97%3.00%3.03%3.15%3.17%+19 bps
Efficiency Ratio63.21%59.24%57.09%52.42%52.35%-1,085 bps
Non-Interest Burden1.65%1.51%1.44%1.35%1.33%-32 bps
Growth
Asset Growth (YoY)20.90%21.64%20.32%0.05%0.55%-2,035 bps
Loan Growth (YoY)19.27%21.42%20.69%1.73%1.30%-1,797 bps
Deposit Growth (YoY)21.95%17.95%19.36%-0.19%0.84%-2,111 bps
Asset Quality
Nonperforming Loans / Loans0.37%0.17%0.14%0.22%0.24%-12 bps
Net Charge-Offs / Loans0.05%0.33%0.31%0.04%0.04%-1 bps
Allowance / Loans1.07%0.91%0.91%0.92%0.91%-16 bps
Allowance Coverage of NPLs2.9x5.5x6.4x4.2x3.8x+0.8x
Capital
Tier 1 Leverage Ratio8.37%8.52%8.64%8.92%9.12%+75 bps
Total Risk-Based Capital12.85%12.89%13.26%13.54%13.69%+83 bps
Equity / Assets9.96%10.17%10.40%10.58%10.80%+84 bps
Liquidity & Funding
Loans / Deposits89.33%92.19%89.31%88.59%89.73%+41 bps
Liquid Assets / Assets7.60%7.47%7.34%7.83%6.90%-71 bps
CRE / Total Capitaln/a367%361%356%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-10

Camden National Bank

Camden, ME · Cert 4255 · Peer group: banks $1B-$10B in assets operating regionally (n=178) · Camden National Corp.

National charter · OCC · 72 branches

Q2 2026

$6.9BAssets
$5.0BLoans
$5.6BDeposits
$749.9MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 82% of banks $1B-$10B in assets operating regionally (rank 34 of 178).
  • Widest gap: net interest margin trails 78% of banks $1B-$10B in assets operating regionally (rank 138 of 178).
  • Overall: at or above the peer median on 8 of 9 directional measures.

Return on Assets

1.35%

Rank 72 of 178

Net Interest Margin

3.17%

Rank 138 of 178

Efficiency Ratio

54.37%

Rank 60 of 178

Equity / Assets

10.80%

Rank 75 of 178

Non-interest income vs. expense

$53.1M$145.7MINCOMEEXPENSE
Unfavorable gap of $92.5M · efficiency ratio beats 67% of banks $1B-$10B in assets operating regionally
Bank 54.37%Peer median 58.9%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.35%0.91%1.25%1.53%Beats 60%72 / 178
Return on Equity12.48%9.18%11.89%14.44%Beats 54%81 / 178
Net Interest Margin3.17%3.22%3.56%3.91%Beats 22%138 / 178
Efficiency Ratio54.37%52.04%58.90%67.10%Beats 67%60 / 178
Asset Quality
Nonperforming Loans / Loans0.24%0.29%0.60%1.26%Beats 82%34 / 178
Net Charge-Offs / Loans0.03%0.01%0.03%0.10%Beats 58%76 / 178
Capital
Tier 1 Capital Ratio12.73%11.19%12.72%14.14%Beats 51%87 / 178
Total Risk-Based Capital Ratio13.69%11.91%13.63%15.33%Beats 51%87 / 178
Equity / Assets10.80%9.12%10.35%11.80%Beats 58%75 / 178
Liquidity & Funding
Loans / Deposits89.73%80.94%89.92%97.12%49th pctl90 / 178
Loans / Assets72.30%69.25%75.52%80.96%37th pctl113 / 178
Brokered Deposits / Depositsn/aNot reported for this institution