secwatch.observer — SEC 8-K summary
======================================

Issuer:     CAMDEN NATIONAL CORP (CAC)
CIK:        0000750686
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0000750686-23-000223
Event type: other
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camden National reports $5.7B assets, net income $61.4M, liquidity 1.9x uninsured deposits in investor presentation
--------------------------------------------------------------------------------

- Total assets $5.7B, average deposits $4.5B, net income $61.4M (9% YoY growth) as of year-end 2022.
- Primary liquidity covers 1.9x uninsured and uncollateralized deposits as of March 31, 2023.
- Customers with <$1mm balances comprise 65% of adjusted deposits (3/31/23), up from 63% at year-end.
- 15-year stock price appreciation 44.9%, average dividend yield 3.17%.
- Notable past acquisitions: Union Bankshares (2008), 14 Bank of America branches (2012), Bank of Maine (2015).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750686/000075068623000223/0000750686-23-000223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750686/000075068623000223/cac-20230622.htm
  HTML page:      https://secwatch.observer/filing/0000750686-23-000223

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer