Subsequent Events	9 Months Ended
Sep. 30, 2012
Subsequent Events	NOTE 11 – SUBSEQUENT EVENTS On October 26, 2012, Camden National Bank completed the acquisition and conversion of 15 branch banking locations from Bank of America, National Association including branches in Auburn, Brewer, Gardiner, Lewiston, Newport, Old Town, Rockland and Waterville, Maine, as well as three branches in the Augusta and Bangor markets. The Bank also acquired the Orono location which is scheduled to reopen in December 2012. Camden National Bank simultaneously sold and deconverted the Rockland, Maine, branch location including the deposit accounts and a small volume of loans as well as the Company’s building located in Bangor. Under the terms of the agreement, final settlement is expected to occur by January 2013 and as such pro forma financial information will not be available until that time and the following information can only be estimated. It is anticipated (based on October 2012 estimates) that the combined transactions will result in net deposits of $290.5 million at a deposit premium of 3.706%, $6.0 million in loans, and $2.0 million in fixed assets, which includes related branch premises. The Company’s cost to acquire the branches and deposits, net of the divestiture, was approximately $17.4 million. The acquisition will be accounted for as a purchase in accordance with Account Standards Codification 805, Business Combinations, and the fair values of the assets acquired and liabilities assumed will be calculated in accordance with Account Standards Codification 820, Fair Value Measurement. It is expected that goodwill will be recognized in the acquisition. Goodwill is expected to be deducted for tax purposes. The Company has evaluated events and transactions subsequent to September 30, 2012 for potential recognition or disclosure as required by GAAP.

NOTE 11 – SUBSEQUENT EVENTS

On October 26, 2012, Camden National Bank completed the acquisition and conversion of 15 branch banking locations from Bank of America, National Association including branches in Auburn, Brewer, Gardiner, Lewiston, Newport, Old Town, Rockland and Waterville, Maine, as well as three branches in the Augusta and Bangor markets. The Bank also acquired the Orono location which is scheduled to reopen in December 2012. Camden National Bank simultaneously sold and deconverted the Rockland, Maine, branch location including the deposit accounts and a small volume of loans as well as the Company’s building located in Bangor.

Under the terms of the agreement, final settlement is expected to occur by January 2013 and as such pro forma financial information will not be available until that time and the following information can only be estimated. It is anticipated (based on October 2012 estimates) that the combined transactions will result in net deposits of $290.5 million at a deposit premium of 3.706%, $6.0 million in loans, and $2.0 million in fixed assets, which includes related branch premises. The Company’s cost to acquire the branches and deposits, net of the divestiture, was approximately $17.4 million.

The acquisition will be accounted for as a purchase in accordance with Account Standards Codification 805, Business Combinations, and the fair values of the assets acquired and liabilities assumed will be calculated in accordance with Account Standards Codification 820, Fair Value Measurement. It is expected that goodwill will be recognized in the acquisition. Goodwill is expected to be deducted for tax purposes.

The Company has evaluated events and transactions subsequent to September 30, 2012 for potential recognition or disclosure as required by GAAP.