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REGULATORY CAPITAL REQUIREMENTS (Tables)
9 Months Ended
Sep. 30, 2024
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations The following table presents the Company and Bank's regulatory capital ratios at the periods indicated:
September 30,
2024
Minimum Regulatory Capital Required for Capital Adequacy plus Capital Conservation BufferMinimum Regulatory Provision to Be "Well Capitalized" December 31,
2023
Minimum Regulatory Capital Required for Capital Adequacy plus Capital Conservation BufferMinimum Regulatory Provision to Be "Well Capitalized"
(Dollars in thousands)AmountRatioAmountRatio
Camden National Corporation:
Total risk-based capital ratio
$597,708 14.85 %10.50 %10.00 %$577,440 14.36 %10.50 %10.00 %
Tier 1 risk-based capital ratio
559,552 13.90 %8.50 %6.00 %538,153 13.38 %8.50 %6.00 %
Common equity Tier 1 risk-based capital ratio(1)
516,552 12.83 %7.00 %N/A495,153 12.31 %7.00 %N/A
Tier 1 leverage capital ratio(1)
559,552 9.84 %4.00 %N/A538,153 9.40 %4.00 %N/A
Camden National Bank:
Total risk-based capital ratio
$569,146 14.19 %10.50 %10.00 %$549,221 13.70 %10.50 %10.00 %
Tier 1 risk-based capital ratio
530,990 13.24 %8.50 %8.00 %509,934 12.72 %8.50 %8.00 %
Common equity Tier 1 risk-based capital ratio
530,990 13.24 %7.00 %6.50 %509,934 12.72 %7.00 %6.50 %
Tier 1 leverage capital ratio
530,990 9.35 %4.00 %5.00 %509,934 8.91 %4.00 %5.00 %
(1)    “Minimum Regulatory Provisions to Be ‘Well Capitalized’” are not formally defined under applicable banking regulations for bank holding companies.