0000000000-24-000216.txt : 20240221 0000000000-24-000216.hdr.sgml : 20240221 20240105163606 ACCESSION NUMBER: 0000000000-24-000216 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240105 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: CAMBRIDGE BANCORP CENTRAL INDEX KEY: 0000711772 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 042777442 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 001-38184 BUSINESS ADDRESS: STREET 1: 1336 MASSACHUSETTS AVENUE CITY: CAMBRIDGE STATE: MA ZIP: 02138 BUSINESS PHONE: 617-876-5500 MAIL ADDRESS: STREET 1: 1336 MASSACHUSETTS AVENUE CITY: CAMBRIDGE STATE: MA ZIP: 02138 PUBLIC REFERENCE ACCESSION NUMBER: 0000950170-23-008286 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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filename2.txt United States securities and exchange commission logo January 5, 2024 Michael Carotenuto Chief Financial Officer Cambridge Bancorp 1336 Massachusetts Avenue Boston, MA 02138 Re: Cambridge Bancorp Form 10-K for the year ended December 31, 2022 Form 10-Q for the quarter ended September 30, 2023 Response dated December 19, 2023 File No. 001-38184 Dear Michael Carotenuto: We have reviewed your December 19, 2023 response to our comment letter and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our December 12, 2023 letter. Response Letter dated December 19, 2023 General 1. We note your draft disclosure does not address the use of derivative financial instruments, although page 91 of the Form 10-K indicates that you use derivatives to manage interest rate and other economic risks. Please revise your draft disclosure to further clarify whether and how derivative financial instruments are used to manage economic risks, including whether the simulation and EVE model outputs reflect such use of derivatives. Michael Carotenuto FirstName CambridgeLastNameMichael Carotenuto Bancorp Comapany January NameCambridge Bancorp 5, 2024 January Page 2 5, 2024 Page 2 FirstName LastName Please contact Michael Volley at 202-551-3437 or Amit Pande at 202-551-3423 if you have questions regarding comments on the financial statements and related matters. Please contact Madeleine Joy Mateo at 202-551-3465 or James Lopez at 202-551-3536 with any other questions. Sincerely, Division of Corporation Finance Office of Finance