Camden National Corporation Reports 19% Increase in Earnings for the First Quarter of 2011

Camden National Corporation CAC reported net income of $6.3 million for the first quarter of 2011, an increase of $1.0 million, or 19%, compared to the first quarter of 2010 and a slight decline compared to the fourth quarter of 2010 net income level of $6.4 million. Earnings per diluted share were $0.83 for the first quarter of 2011, compared to $0.69 and $0.84 for the first and fourth quarters of 2010, respectively.