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Camden National Bank's Northern Region Commercial Banking Team Welcomes Three New Members

Camden, Maine, October 26, 2021 – Camden National Bank announced that its Northern Region Commercial Banking team is growing with the addition of Craig Day, promoted to Vice President, Commercial Banking Officer, as well as Mark Vanidestine and Will Hatt, who are both new to Camden National Bank. In his new role, Day develops and manages commercial banking relationships primarily in the greater Augusta/Waterville area. Hatt, Senior Vice President, Commercial Banking Officer, develops and manages commercial relationships in the greater Ellsworth and Downeast region, and Vanidestine, Vice President, Commercial Banking Officer, in the greater Bangor area.
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Camden National Corporation Reports Third Quarter 2021 Financial Results

Camden, Maine, October 26, 2021Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.5 billion bank holding company headquartered in Camden, Maine, reported net income of $52.5 million and diluted earnings per share ("EPS") of $3.49 for the nine months ended September 30, 2021, an increase of 27% and 28%, respectively, compared to the same period in 2020. The Company's solid year-to-date earnings translated into a return on average equity of 12.96% and return on average tangible equity (non-GAAP) of 15.91% for the same period.
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Kimberly Currier Named Assistant Vice President, Ellsworth Main Street Banking Center Manager at Camden National Bank

Camden, Maine, October 22, 2021 – Camden National Bank announced that Kimberly Currier has been named Assistant Vice President, Banking Center Manager at the bank’s Ellsworth Main Street location. In this role, Currier is responsible for helping individuals, families, and businesses reach their financial goals by delivering outstanding service and financial guidance on loans and banking strategies. With over 18 years of banking experience, Currier has a passion for coaching and training, business development, and helping customers find the right solutions.
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For the fourth year in a row, Camden National Bank Named Customer Experience Leader

Camden, Maine, October 13, 2021Coalition Greenwich, a division of S&P Global’s analytics company CRISIL, named Camden National Bank a 2021 Customer Experience (CX) Leader. This marks the fourth year running that the bank has been recognized in the Retail Banking category, and its second year in the Small Business category. This year, the bank was one of only three U.S. banks recognized for retail banking excellence, and one of two to be awarded for small business banking. In both categories, the bank was honored as a leader in customer satisfaction, customer loyalty, and ease of doing business.
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Camden National Bank Receives “Outstanding” Community Reinvestment Act Rating for 18 years

Camden, Maine, October 7, 2021 – Camden National Bank announced that it has received the highest possible overall rating of “Outstanding” from the Office of the Comptroller of the Currency (OCC) for its most recent Community Reinvestment Act (CRA) examination period, covering 2018 to 2020. This marks the 18th year that the bank has been rated “Outstanding” for CRA, a reflection of its long-standing commitment to social responsibility and local community.
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Camden National Bank donates 100 board games and $4,000 to local kids' programs on behalf of employees

Camden, Maine, September 30, 2021 – Last week, during Camden National Bank’s 2021 Employee Appreciation Week, the bank announced a community donation of nearly 100 board games and $4,000 for local YMCAs serving children. The donations are being made on behalf of the bank’s employees who are highly involved in their local communities.
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Camden National Bank recognizes 13 employees with 2021 Commitment Awards

Camden, Maine, September 23, 2021 – Throughout the week of September 20th, Camden National Bank celebrated its 2021 Employee Appreciation event across more than 60 business locations. The bank’s 600 employees recognized each other for a fantastic year of hard work and dedication, and 13 employees received awards for their impressive commitment to customers, employees, and community.
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Camden National Bank named to the 2021 list of Best Places to Work in Maine

Camden, Maine, September 1, 2021Camden National Bank announced that it has been included in the statewide 2021 Best Places to Work in Maine list. The Best Places to Work in Maine is a survey and awards program dedicated to identifying and recognizing the state’s best employers and providing organizations with valuable employee feedback. The process is managed by Best Companies Group (BCG) and winners are published by Mainebiz and celebrated by the Maine Society for Human Resources Management (MESHRM).
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Camden National Corporation Reports Second Quarter 2021 Financial Results

Camden, Maine, July 27, 2021Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.2 billion bank holding company headquartered in Camden, Maine, reported net income of $18.1 million and diluted earnings per share ("EPS") of $1.21 for the second quarter of 2021, an increase of 66% over the second quarter of 2020. Net income and diluted EPS for the six months ended June 30, 2021 was $37.9 million and $2.52, respectively, increases of 55% and 56% compared to the same period of 2020. These strong financial results led to a return on average equity of 13.50% and return on average tangible equity (non-GAAP) of 16.60% for the second quarter of 2021, and a return on average equity of 14.24% and return on average tangible equity (non-GAAP) of 17.52% for the six months ended June 30, 2021.
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Camden National Bank is now accepting nominations for the 2021 Leaders & Luminaries Awards to celebrate outstanding nonprofit board members

Camden, Maine, July 22, 2021Camden National Bank announced that it is now accepting nominations for the 2021 Leaders & Luminaries Awards, a program which started in 2011 to celebrate the importance of effective nonprofit board leaders in our community. Between now and September 24, 2021, the bank is seeking nominations for passionate board directors who are responsible for advancing their organization’s mission and impact. Four winning awardees will be named, and $20,000 in total grants will be made to their respective organizations.
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Jennifer Bowring Joins Camden National Bank as Vice President, Senior Treasury Management Sales Advisor

Camden, Maine, July 8, 2021 – Camden National Bank announced that Jennifer Bowring has joined the Treasury Management team as Vice President, Senior Treasury Management Advisor.  With over 11 years of commercial banking cash management experience, Bowring brings expertise in payment and receivable solutions, deposit management, international payment risk, and fraud prevention.
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Ned Muskie Returns to Maine to Join Camden National Wealth Management as Senior Vice President, Senior Wealth Advisor

Camden, Maine, June 3, 2021 – Camden National Wealth Management announced today that Edmund “Ned” Muskie, Jr., has joined its growing team as Senior Vice President, Senior Wealth Advisor. With more than 35 years of experience in banking and wealth management, Muskie brings extensive knowledge in investment management, multigenerational wealth transfer, retirement and estate planning, tax strategies, and more. In his new role, Muskie will cultivate and manage relationships with high-net-worth individuals and families as well as non-profit and public entity clients across Maine and Northern New England.
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Mark Stasium Named Senior Vice President, Director of Commercial Real Estate Banking at Camden National Bank

Camden, Maine, May 12, 2021 – Camden National Bank recently promoted Mark Stasium to Senior Vice President, Director of Commercial Real Estate Banking. With more than 30 years of commercial banking experience, Stasium is an expert in commercial real estate lending and relationship management. For the past six years, he served as SVP, Commercial Real Estate Banker at Camden National Bank, working closely with Steve Lawrence who formally announced his retirement from Director of Commercial Real Estate Banking.
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Camden National Bank Promotes Penny Dougherty to Digital Support Manager as Digital Banking Usage Accelerates

Camden, Maine, May 7, 2021 – Camden National Bank recently announced that Penelope Dougherty has been promoted to Vice President, Digital Support Manager, reporting to Bill Martel, Executive Vice President of Technology and Support Services. With more than ten years of experience at Camden National Bank, Dougherty has been instrumental in supporting the development of the bank’s digital channels for the past eight years. In her new role, she is responsible for the digital solutions roadmap, serving and supporting both Retail and Commercial Banking customers to deliver an exceptional digital experience.
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Camden National Bank ranks near the top for U.S. in 2021 Forbes List of World’s Best Banks

Camden, Maine, May 5, 2021 – Forbes recently announced its 2021 list of World’s Best Banks, and this year’s rankings include Camden National Bank in the top 10 of the 75 U.S. banks being recognized. As of September 2020, there were 5,033 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) in the United States. For its list of the World’s Best Banks, Forbes partnered with market research firm Statista, surveying more than 43,000 customers around the globe for their opinions on their current and former banking relationships. Banks were rated on general satisfaction, how likely customers were to recommend them, and key attributes like trust, fees, digital services and financial advice.
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Corey Belcher Joins Camden National Bank as Vice President, Banking Center Manager in Midcoast Maine

Camden, Maine, April 28, 2021Corey Belcher recently joined Camden National Bank as Vice President, Banking Center Manager in midcoast Maine. Belcher brings more than 13 years of experience in retail banking to her new role at Camden National Bank, where she will be responsible for helping individuals, families, and small businesses thrive by providing exceptional service and financial guidance on loans and banking strategies.
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Camden National Corporation Reports First Quarter 2021 Financial Results

Camden, Maine, April 27, 2021Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.1 billion bank holding company headquartered in Camden, Maine, reported net income of $19.7 million and diluted earnings per share ("EPS") of $1.31 for the first quarter of 2021, increases of 46% and 47% over the first quarter of 2020, respectively. On a linked-quarter basis, the Company's first quarter 2021 net income and diluted EPS increased 8% and 7% over the fourth quarter of 2020, respectively. These strong financial results led to a return on average equity of 15.00% and a return on average tangible equity (non-GAAP) of 18.47% for the first quarter of 2021.
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Barbara Raths Named Senior Vice President, Director of Treasury Management and Government Banking at Camden National Bank

Camden, Maine, April 22, 2021 – Camden National Bank recently promoted Barbara Raths to Senior Vice President, Director of Treasury Management and Government Banking. With over 17 years of cross-sector experience in financial and payment services, Barbara is an expert in complex treasury operations, debt and cash management, corporate finance, public finance, and international payment risk management. For the past two years, she served as SVP, Senior Treasury Management Sales Advisor and International Treasury Specialist at Camden National Bank, working closely with Susan Giffard who recently announced her retirement from Director of Treasury Management and Government Banking.
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Camden National Bank donates $10,000 to LifeFlight Foundation to support statewide lifesaving services

Camden, Maine, April 8, 2021 – Camden National Bank announced a $10,000 donation to the LifeFlight Foundation to help provide vital medical support to people across Maine. This is the eighth year that Camden National Bank will be a major sponsor for the Cross for LifeFlight. The signature fundraising event, which began in 2013 as a swim across west Penobscot Bay from Northport to Islesboro, has now become a statewide, month-long event that encourages participants to cross whatever part of Maine suits them. Participants can swim, row, paddle, hike, walk, or bike—all while tracking their progress in the event’s proprietary online system.
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Camden National Bank donates $15,000 to the Penobscot Bay Regional Chamber of Commerce to support midcoast business vitality

Camden, Maine, March 30, 2021 – Camden National Bank announced a $15,000 donation to the Penobscot Bay Regional Chamber of Commerce to support its mission of connecting local businesses and promoting economic development in the region.
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Camden National Bank named to S&P Global’s List of Top Community Banks

Camden, Maine, March 29, 2021 – On Tuesday, March 23rd, S&P Global Market Intelligence released its annual rankings for best-performing community banks and credit unions based on 2020 performance. Camden National Bank was the only Maine-based bank to be recognized as one of the 50 best-performing U.S. community banks with assets between $3 billion and $10 billion during 2020.
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Nate Cotnoir Named Senior Vice President, Northern Maine Director of Commercial Banking at Camden National Bank

Camden, Maine, March 23, 2021 – Nate Cotnoir was promoted to Senior Vice President, Northern Maine Director of Commercial Banking. Based out of Bangor, Cotnoir will be responsible for managing all commercial banking activities and production in the bank’s Greater Bangor, Augusta, Waterville, and Downeast markets.
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Brandon Boey Named Senior Vice President, In House Counsel & BSA Officer at Camden National Bank

Camden, Maine, February 11, 2021 – Camden National Bank announced that Brandon Boey has been named Senior Vice President, In House Counsel & BSA Officer. In his role, Boey will provide general legal counsel and serve as the designated Bank Secrecy Act Officer, ensuring compliance with all anti-money laundering regulations. He will also assist with corporate governance for the Board of Directors.
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Camden National Bank celebrates employee volunteerism efforts with $20,000 in special donations to local nonprofits 

Camden, Maine, February 9, 2021 – Camden National Bank announced a special community giving effort with more than $20,000 donated to 70 nonprofits where employees volunteered in 2020.
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Camden National Wealth Management welcomes Mark Andrews, CTFA, as Vice President, Senior Trust Officer and Relationship Manager

Camden, Maine, January 29, 2021 – Camden National Wealth Management announced that Mark Andrews, CTFA, has joined as Senior Trust Officer and Relationship Manager. Bringing nearly 30 years of experience in wealth advisory services, including complex trust and estate administration, Andrews joins as a senior member of the team, working with Camden National Wealth Management investment clients primarily in Southern Maine and New Hampshire. In his role, he will provide comprehensive advice by incorporating tax, trust and charitable considerations to each client’s unique situation and needs.
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James Adsit Named Senior Vice President, Southern Maine Director of Commercial Banking at Camden National Bank

Camden, Maine, December 29, 2020 – James Adsit was promoted from Northern Maine Director of Commercial Banking at Camden National Bank to Senior Vice President, Southern Maine Director of Commercial Banking. Based out of Portland, Adsit will be responsible for managing all commercial banking activities and production in Southern Maine markets. In addition, he will direct commercial banking activities for the Senior Living & Senior Care line of business.
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Camden National Bank receives the “Lender at Work for Maine” award from the Finance Authority of Maine for the eleventh time

Camden, Maine, December 22, 2020 – The Finance Authority of Maine (FAME) presented Camden National Bank with the “Lender at Work for Maine” award at its December 17th virtual board meeting. The award category is reserved for lenders with assets of $1.5 billion and above, and this is the bank’s eleventh time as a FAME awardee. Over the past year, Camden National Bank partnered with FAME on 30 loans totaling approximately $3.8 million, helping to create and retain 408 Maine jobs.
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Camden National Bank Named 2020 Customer Experience Leader: U.S. Retail Banking for the third year in a row and U.S Commercial Small Business Banking for the first year

Camden, Maine, December 15, 2020 – Greenwich Associates, a leading independent research firm, named Camden National Bank a Customer Experience (CX) Leader for 2020. This marks the third year in a row Camden National Bank has been recognized for its Retail Banking customer experience, and the first year it’s also awarded for its Small Business Banking customer experience. Camden National Bank is one of seven U.S. banks to receive 2020 CX Leader awards. In both categories, the bank was honored for its commitment to delivering a superior experience and meeting client needs during the COVID-19 crisis.
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Camden National Bank celebrates five 2020 Leaders & Luminaries honorees with awards and $22,000 in nonprofit grants

Camden, Maine, December 3, 2020 – Camden National Bank announced its 2020 Leaders & Luminaries Awardees and provided $22,000 in grants for their respective organizations. The honorees include: Doris Dennee from The Iris Network, Evelyn Kieltyka from Medical Care Development, Inc., Jackie Studer from Classical Uprising, Ray Gerbi from the Pejepscot History Center, and Dr. Robert “Bob” Holmberg from Community Compass.
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Camden National Corporation reports third quarter 2020 financial results

Camden, Maine, October 27, 2020 Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.2 billion bank holding company headquartered in Camden, Maine, reported net income for the third quarter of 2020 of $16.8 million, an increase of $2.3 million, or 16%, compared to the third quarter of 2019. Diluted earnings per share ("EPS") for the third quarter of 2020 was $1.11, an increase of $0.17, or 18%, over the third quarter of 2019.
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13 Camden National Bank employees receive annual Commitment Awards

Camden, Maine, September 25, 2020 – The week of September 21st, Camden National Bank celebrated a virtual Employee Appreciation event across more than 60 business locations. Throughout the week, the bank’s 650 employees recognized each other for a fantastic year of hard work and dedication. On Wednesday, 13 employees received awards for their impressive commitment to Camden National Bank’s customers, employees, and communities, and the bank also announced a $6,500 donation to six local food pantries on behalf of its employees.
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Camden National Bank expands executive team with internal promotions

Camden, Maine, August 18, 2020 – Camden National Bank announced that effective September 1, 2020, Timothy P. Nightingale will become Executive Vice President, Chief Credit Officer, and Ryan A. Smith will be promoted from Senior Vice President, Director of Credit Administration to Executive Vice President, Commercial Banking. Nightingale joined Camden National Bank more than 20 years ago and most recently served as Executive Vice President, Senior Loan Officer. Smith joined the bank in 2012 and has since been promoted to leadership roles in commercial banking, treasury management, and credit administration, culminating in his new position on the executive team.
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Camden National Bank now accepting nominations for 2020 Leaders & Luminaries Awards, shining a light on outstanding nonprofit board service

Camden, Maine, July 24, 2020 – Camden National Bank announced that it is now accepting nominations for the 2020 Leaders & Luminaries Awards, a program which started in 2011 to celebrate the importance and impact of effective nonprofit board service. Between now and September 14, the bank is seeking nominations for passionate board directors who have been invaluable to the short- and long-term sustainability of their organizations. The bank will select and present four individuals with awards and $20,000 in total grants to their respective organizations.
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Camden National Bank helps grassroots domestic violence awareness campaign go statewide with a $17,500 donation

Camden, Maine, July 15, 2020 – Camden National Bank announced it has given more than $17,500 to Finding Our Voices (FOV), a new nonprofit with a mission to break the silence of intimate partner abuse, town by town, conversation by conversation, all over Maine. The funding helps FOV expand a bold “Let’s talk about it” window banner campaign, which sheds light on the faces and stories of 30 (and counting) survivors and the 24/7 hotline number of the local domestic violence agency, using 4’ x 2’ banners in downtown business windows.
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Camden National Wealth Management grows leadership team and supports clients

Camden, Maine, May 20, 2020 – Camden National Bank is proud to announce several recent promotions at Camden National Wealth Management. Managing Director, Jennifer Lloyd Mirabile, has been promoted to Executive Vice President. Lauren Epstein has been promoted to Senior Vice President, Director of Client Services, and Marsha Osgood Connors, has been promoted to Senior Vice President, Director of Fiduciary Services.
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Camden National Bank donates $10,000 to AIO Food and Energy Assistance in Rockland

Camden, Maine, May 6, 2020 – Camden National Bank announced a $10,000 donation to Area Interfaith Outreach (AIO Food and Energy Assistance) for its “More Food, More Often” capital campaign to renovate and expand into a new facility in Rockland, adjacent to its current building.
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Camden National Corporation announces expansion of executive team

Camden, Maine, March 31, 2020 - Gregory A. Dufour, President and Chief Executive Officer of Camden National Corporation (the “Company”) announced that Gregory A. White and William “Bill” Martel have joined the executive team.
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Camden National Bank announces additional support for customers, employees, and communities in response to COVID-19

Camden, Maine, March 20, 2020 – To address growing challenges and financial hardships due to the spread of Coronavirus (COVID-19), Camden National Bank announced several measures to support its customers, employees, and communities.
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Camden National Bank announces precautionary measures to help slow the spread of COVID-19

Camden, Maine, March 17, 2020 – Today, Camden National Bank announced it will be implementing new precautionary measures to support public health efforts to manage the spread of the coronavirus (COVID-19) while continuing to provide full banking services to its customers. Starting March 18th, Camden National Bank will be offering drive-up only service at the majority of its banking center locations, with in-person visits by appointment only at those locations. For locations without a drive-up window, the bank will be limiting the number of customers inside at any given time.
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Camden National Bank relocates to new state-of-the-art banking center in Damariscotta

Camden, Maine, March 10, 2020 – Camden National Bank hosted a Ribbon Cutting Ceremony this morning to celebrate the opening of its new, 2,700 square-foot banking center at 435 Maine Street in Damariscotta, Maine. Local employees, chamber members, businesses, and supporters joined the gathering. Previously located at 4 Coastal Market Drive in Damariscotta, the bank officially opened for business at its new location in Camden National Bank Plaza on March 2nd with a seamless transition for customers.
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Camden National Bank donates nearly $7,500 to Maine high schools to help more than 1,500 students cheer on teams at the 2020 Basketball State Championships

Camden, Maine, March 3, 2020This past weekend, Camden National Bank gave nearly $7,500 in donations to ten Maine high school teams in the communities where it has banking centers for the 2020 Boys and Girls Basketball State Championships. The support made it possible for more than 1,500 students to attend this year’s games in Portland, Bangor, and Augusta and cheer on their friends and classmates. Camden National Bank has now carried on this community tradition for 11 years, donating nearly $60,000 total to Maine high schools and enabling more than 12,000 students to attend Championship Games for free.
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Camden National Corporation Reports Fourth Quarter and Annual Earnings for 2019

Camden, Maine, January 28, 2020 - Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $4.4 billion bank holding company headquartered in Camden, Maine, reported record net income of $57.2 million and diluted earnings per share ("EPS") of $3.69 for 2019, an increase of 8% and 9% over 2018, respectively. Strong earnings for the year resulted in a return on average assets of 1.30% and return on average equity of 12.44% for 2019, compared to a return on average assets and equity of 1.28% and 12.92%, respectively, for 2018.
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