March 31,
2021

Minimum Regulatory Capital Required for Capital Adequacy plus Capital Conservation Buffer

Minimum Regulatory Provision To Be "Well Capitalized"

December 31,
2020

Minimum Regulatory Capital Required for Capital Adequacy plus Capital Conservation Buffer

Minimum Regulatory Provision To Be "Well Capitalized"

(Dollars in thousands)

Amount

Ratio

Amount

Ratio

Camden National Corporation:

Total risk-based capital ratio

$

511,438

16.00

%

10.50

%

10.00

%

$

498,290

15.40

%

10.50

%

10.00

%

Tier 1 risk-based capital ratio

461,197

14.43

%

8.50

%

6.00

%

445,858

13.78

%

8.50

%

6.00

%

Common equity Tier 1 risk-based capital ratio(1)

418,197

13.08

%

7.00

%

N/A

402,858

12.45

%

7.00

%

N/A

Tier 1 leverage capital ratio(1)

461,197

9.61

%

4.00

%

N/A

445,858

9.13

%

4.00

%

N/A

Camden National Bank:

Total risk-based capital ratio

$

462,401

14.53

%

10.50

%

10.00

%

$

460,611

14.28

%

10.50

%

10.00

%

Tier 1 risk-based capital ratio

424,160

13.33

%

8.50

%

8.00

%

420,294

13.03

%

8.50

%

8.00

%

Common equity Tier 1 risk-based capital ratio

424,160

13.33

%

7.00

%

6.50

%

420,294

13.03

%

7.00

%

6.50

%

Tier 1 leverage capital ratio

424,160

8.87

%

4.00

%

5.00

%

420,294

8.64

%

4.00

%

5.00

%