8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 20, 2005

CAMDEN NATIONAL CORPORATION

(Exact name of Registrant as specified in charter)

MAINE	01-28190	01-0413282
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS employer Identification No.)

Two Elm Street, Camden, Maine	04843
(Address of principal executive offices)	(Zip Code)

(207) 236-8821

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 - Regulation FD Disclosure

Camden National Corporation (the Company) presented at the Financial Institutions Conference hosted by RBC Capital Markets on Tuesday, September 20, 2005. The press release announcing the Company’s participation and the visual portion of the Company’s presentation are attached as exhibits. A recording of the audio portion will be available for 30 days following the conference through the Investors link of the Company web sites (www.camdennational.com or www.unitedkingfield.com).

Item 9.01 – Financial Statements and Exhibits

(c) Exhibits.

99.1	Press release announcing conference participation
99.2	Visual presentation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be filed on its behalf by the undersigned thereunto duly authorized.

CAMDEN NATIONAL CORPORATION
By:	/S/    SEAN G. DALY	Date: September 20, 2005
	Sean G. Daly
	Chief Financial Officer and Principal
	Financial & Accounting Officer

EX-99.1

Exhibit 99.1

Camden National Corporation to Present at RBC Capital Markets Financial Institutions Conference on Martha’s Vineyard on September 20

CAMDEN, Maine — September 16, 2005—Robert W. Daigle, President and Chief Executive Officer, and Sean Daly, Chief Financial Officer, of Camden National Corporation (AMEX: CAC; the “Company”), will present at the Financial Institutions Conference hosted by RBC Capital Markets (“RBC”) on Tuesday, September 20, 2005, beginning at 1:10 p.m. The conference will be held at The Harbor View Hotel in Edgartown on Martha’s Vineyard. Camden National Corporation is one of 44 banks invited to participate in this annual conference.

A live Web cast of the conference, including Mr. Daigle’s audio and visual presentation, can be viewed on RBC’s Web site, www.rbccm.com. A copy of Mr. Daigle’s presentation will also be available on the Company’s Web site, www.camdennational.com.

RBC Capital Markets is an international corporate and investment bank, offering customized products and services to institutions, corporations, governments and high net worth clients around the world. RBC Capital Markets was recently ranked by Bloomberg as one of the top 15 investment banks globally in 2004.

RBC Capital Markets is part of one of the world’s largest providers of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is a leading international bank with more than US$360 billion in assets and one of the highest credit ratings of any financial institution (Moody’s Aa2, Standard & Poor’s AA -). Today, RBC serves more than 12 million clients worldwide, delivering products and services through offices in North America, Europe, Asia and Australasia.

Camden National Corporation, headquartered in Camden, Maine, and listed on the American Stock Exchange, the Russell 3000^® and the Russell 2000^® under the symbol CAC, is the holding company for a family of three financial services companies, including: Camden National Bank (CNB), a full-service community bank with 12 banking offices serving Mid-coast, Kennebunk and Portland Maine, and recipient of the Governor’s Award for Business Excellence in 2002; UnitedKingfield Bank (UKB), a full-service community bank with 15 offices serving Central, Eastern and Western Maine; Acadia Trust, N.A., offering investment management and fiduciary services with offices in Portland and Bangor. Acadia Financial Consultants is a division of CNB and UKB, offering full-service brokerage services.

SOURCE: Camden National Corporation

CONTACT: Suzanne Brightbill, Public Relations Officer

207-230-2120 or sbrightbill@camdennational.com

EX-99.2

Exhibit 99.2

RBC Capital Markets Financial Institutions Conference

September 20, 2005

Presenter Robert W. Daigle

President and Chief Executive Officer

Safe Harbor Statement

This presentation contains certain statements that may be considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of the words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “assume,” “will,” “should,” and other expressions which predict or indicate future events or trends and which do not relate to historical matters. You should not rely on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors, some of which are beyond the control of the Company. These risks, uncertainties and other factors may cause the actual results, performance or achievements of the Company to be materially different from the anticipated future results, performance or achievements expressed or implied by the forward-looking statements.

Some of the factors that might cause these differences include, but are not limited to, the following:

general, national, regional, or local economic conditions could be less favorable than anticipated, adversely impacting the performance of the Company’s investment portfolio, quality of credits or the overall demand for services; changes in loan default and charge-off rates affecting the allowance for loan and lease losses; adverse weather conditions and high gas prices negatively impacting State and local tourism, thus potentially affecting the ability of loan customers to meet their repayment obligations; declines in the equity markets which could result in impairment of goodwill; reductions in deposit levels necessitating increased and/or higher cost borrowing to fund loans and investments; declines in mortgage loan refinancing, equity loan and line of credit activity which could reduce net interest and non-interest income; changes in the domestic interest rate environment; increases in loan repayment rates affecting the value of mortgage servicing rights and more generally affecting net interest income; changes in the laws, regulations and policies governing financial holding companies and their subsidiaries; changes in industry-specific and information system technology creating operational issues or requiring significant capital investment; changes in the size and nature of the Company’s competition, including continued industry consolidation and financial services from non-bank entities affecting customer base and profitability; changes in the global geo-political environment, such as acts of terrorism and military action; and changes in the assumptions used in making such forward-looking statements.

These forward-looking statements were based on information, plans and estimates at the date of this presentation, and we do not promise to update any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes.

2

Overview

Founded 1875 in Camden, Maine Common Stock CAC trades on AMEX

Market Cap—$300 million

Listed on Russell 3000 and Small-Cap Russell 2000 Indices

Profile

Assets—$1.6 billion AUM—$675 million Households—45,500 Banking Centers—27 Employees—340

3

Franchise Geography

4

Camden National Bank

Headquartered in Camden, Maine 12 Branches Coastal Maine focused

Assets $1.1

billion Loans $789 million

Deposits $770 million

As of June 30, 2005

5

UnitedKingfield Bank

Headquartered in Bangor, Maine 15 Branches Eastern, Central and Western Maine focused

Assets $481 million

Loans $342 million

Deposits $312 million

As of June 30, 2005

6

Acadia Trust, N.A.

Headquartered in Portland, Maine 2 locations Value-Oriented Investment Manager

Assets Under Mgmt $675 million

As of June 30, 2005

7

Executive Management

Bob Daigle (56),

President and CEO,

Camden National Corporation;

Chairman, Acadia Trust, N.A.

Greg Dufour (45),

Chief Banking Officer,

CNC; President & COO,

Camden National Bank

Jeff Smith (42), President & COO, UnitedKingfield Bank Bill Bolinder (62), President & CEO, Acadia Trust Laurie Bouchard (50), Chief Administrative Officer, CNC Sean Daly (37), Chief Financial Officer, CNC

8

Franchise Ranking

Top Ten Banks in Maine by Asset Size

($ millions) as of March 31, 2005

1 Banknorth, N.A. $28,314 (a)

2 Bangor Savings Bank $1,761

3 Camden National Corporation $1,545

4 First National Lincoln Corp. $889

5 Gardiner Savings Institution $690

6 Norway Savings Bank $682

7 Bar Harbor Bank and Trust $665

8 Kennebunk Savings Bank $656

9 Gorham Savings Bank $639

10 Northeast Bank $572

Source: Bank Analysis Center; Fleet/Bank of America and KeyBank do not provide total Maine-based assets

(a) Assets of total Banknorth Group now part of TD Bank Financial Group

9

Loan and Deposit Growth

$1,200 $1,000 $800 $600 $400 $200 $0 $1,131 $1,078 $1,069 $1,015 $850 $967 $901 $764 $809 $724

2001 2002 2003 2004 Jun-05

Loans Deposits

10

Return On Equity

17.00% 16.50% 16.00% 15.50% 15.00% 14.50%

15.55%

15.38%

15.85%

15.97%

16.73%

2001 2002 2003 2004 Jun-05

11

Efficiency Ratio

55.00% 54.00% 53.00% 52.00% 51.00% 50.00% 49.00% 48.00%

54.15%

52.70%

52.02%

52.78%

50.05%

2001 2002 2003 2004 Jun-05

12

Diluted EPS growth $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $0.00 $1.69 $1.89 $2.11 $2.38 $2.53

2000 2001 2002 2003 2004

13

Total Return Performance

300 250 200 150 100 50 0

1999 2000 2001 2002 2003 2004

CAC

Russell 2000 Index

NASDAQ Bank Index

14

Growth Opportunities

Expanding Footprint Increasing Market Share Acquisition

Branches Banks

Specialized Businesses

De Novo Branches

15

Challenges

Over Banked/Low Growth State Increasing Regulation Decline in Pricing Power Deposit Building Potential “Housing Bubble” Yield Curve

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CNC Advantage

Tangible

Well Capitalized

Consistent Earnings Stream Sustained Efficiency

Intangible

Management Team Sterling Reputation Culture

17