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BASIS OF PRESENTATION | 9 Months Ended
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Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
BASIS OF PRESENTATION | BASIS OF PRESENTATION The accompanying unaudited consolidated interim financial statements were prepared in accordance with instructions for Form 10-Q and, therefore, do not include all disclosures required by accounting principles generally accepted in the United States of America for complete presentation of financial statements. In the opinion of management, the consolidated financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the consolidated statements of condition of Camden National Corporation as of September 30, 2017 and December 31, 2016, the consolidated statements of income for the three and nine months ended September 30, 2017 and 2016, the consolidated statements of comprehensive income for the three and nine months ended September 30, 2017 and 2016, the consolidated statements of changes in shareholders' equity for the nine months ended September 30, 2017 and 2016, and the consolidated statements of cash flows for the nine months ended September 30, 2017 and 2016. All significant intercompany transactions and balances are eliminated in consolidation. Certain items from the prior period were reclassified to conform to the current period presentation. The income reported for the three and nine months ended September 30, 2017 is not necessarily indicative of the results that may be expected for the full year. The information in this report should be read in conjunction with the consolidated financial statements and accompanying notes included in the year ended December 31, 2016 Annual Report on Form 10-K. The acronyms and abbreviations identified below are used throughout this Form 10-Q, including Part I. "Financial Information." The following was provided to aid the reader and provide a reference page when reviewing this section of the Form 10-Q.
AFS: | Available-for-sale |  | GAAP: | Generally accepted accounting principles in the United States
ALCO: | Asset/Liability Committee |  | HPFC: | Healthcare Professional Funding Corporation, a wholly-owned subsidiary of Camden National Bank
ALL: | Allowance for loan losses |  | HTM: | Held-to-maturity
AOCI: | Accumulated other comprehensive income (loss) |  | IRS: | Internal Revenue Service
ASC: | Accounting Standards Codification |  | LIBOR: | London Interbank Offered Rate
ASU: | Accounting Standards Update |  | LTIP: | Long-Term Performance Share Plan
Bank: | Camden National Bank, a wholly-owned subsidiary of Camden National Corporation |  | Management ALCO: | Management Asset/Liability Committee
Board ALCO: | Board of Directors' Asset/Liability Committee |  | MBS: | Mortgage-backed security
BOLI: | Bank-owned life insurance |  | MSRs: | Mortgage servicing rights
BSA: | Bank Secrecy Act |  | MSPP: | Management Stock Purchase Plan
CCTA: | Camden Capital Trust A, an unconsolidated entity formed by Camden National Corporation |  | OTTI: | Other-than-temporary impairment
CDARS: | Certificate of Deposit Account Registry System |  | NIM: | Net interest margin on a fully-taxable basis
CDs: | Certificate of deposits |  | N.M.: | Not meaningful
CMO: | Collateralized mortgage obligation |  | OCC: | Office of the Comptroller of the Currency
CNWM: | Camden National Wealth Management, a division of Camden National Bank |  | OCI: | Other comprehensive income (loss)
Company: | Camden National Corporation |  | OFAC: | Office of Foreign Assets Control
DCRP: | Defined Contribution Retirement Plan |  | OREO: | Other real estate owned
EPS: | Earnings per share |  | SERP: | Supplemental executive retirement plans
FASB: | Financial Accounting Standards Board |  | TDR: | Troubled-debt restructured loan
FDIC: | Federal Deposit Insurance Corporation |  | UBCT: | Union Bankshares Capital Trust I, an unconsolidated entity formed by Union Bankshares Company that was subsequently acquired by Camden National Corporation
FHLB: | Federal Home Loan Bank |  | U.S.: | United States of America
FHLBB: | Federal Home Loan Bank of Boston |  | USD: | United States Dollar
FRB: | Board of Governors of the Federal Reserve System |  | 2003 Plan: | 2003 Stock Option and Incentive Plan
FRBB: | Federal Reserve Bank of Boston |  | 2012 Plan: | 2012 Equity and Incentive Plan
Freddie Mac: | Federal Home Loan Mortgage Corporation |  | 2013 Repurchase Program: | 2013 Common Stock Repurchase Program, approved by the Company's Board of Directors

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