CAC — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-06

• Adjustment for merger and acquisition costs— (1,405)— (8,930)

• (1) Recognized $3.3 million and $6.9 million of net accretion income on loans from purchase accounting for the three and six months ended June 30, 2026, respectively, and $4.3 million and $8.6 million for the three and six months ended June 30, 2025, respectively.

• (2) Recognized $818,000 and $1.6 million of net accretion income on investments from purchase accounting for the three and six months ended June 30, 2026, respectively, and $863,000 and $1.7 million for the three and six months ended June 30, 2025, respectively.

• (3) Recognized $75,000 and $150,000 of amortization expense on borrowings from purchase accounting for the three and six months ended June 30, 2026, respectively and $131,000 and $262,000 of amortization expense on time deposits and borrowings from purchase accounting for the three and six months en…

• The Company delivered record quarterly earnings for the second quarter of 2026, generating net income of $23.0 million and diluted EPS of $1.35. Compared to the second quarter of 2025, net income grew 63%, and on a non-GAAP basis, adjusted net income grew 52%. Net income growth between periods was d…

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• •ongoing competition in the labor markets and increased employee turnover;

• •the adequacy of succession planning for key executives or other personnel, and the Company’s ability to transition effectively to new members of the senior executive team;

• •changes in accounting policies, practices and standards, as may be adopted by the regulatory agencies as well as the Financial Accounting Standards Board (“FASB”), and other accounting standard setters;

• •turmoil and volatility in the financial services industry, including failures or rumors of failures of other depository

• institutions, which could affect the ability of depository institutions, including Camden National Bank, to attract and retain depositors, and could affect the ability of financial services providers, including the Company, to borrow or raise capital;