Camden National Bank 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABS	COMMON STOCK	002824100	376	6,161	SH		DFND		5,391	0	770
ABBOTT LABS	COMMON STOCK	002824100	18	300	SH		OTR		0	0	300
ABBVIE INC	COMMON STOCK	00287Y109	950	10,255	SH		DFND		9,185	0	1,070
ABBVIE INC	COMMON STOCK	00287Y109	27	290	SH		OTR		90	0	200
ADOBE SYSTEMS INC	COMMON STOCK	00724F101	7,261	29,782	SH		DFND		28,937	0	845
ADOBE SYSTEMS INC	COMMON STOCK	00724F101	104	425	SH		OTR		425	0	0
ALPHABET INC CL A	COMMON STOCK	02079K305	462	409	SH		DFND		404	0	5
ALPHABET INC CL A	COMMON STOCK	02079K305	17	15	SH		OTR		15	0	0
ALPHABET INC CL C	COMMON STOCK	02079K107	221	198	SH		DFND		193	0	5
AMAZON.COM INC	COMMON STOCK	023135106	705	415	SH		DFND		385	0	30
AMAZON.COM INC	COMMON STOCK	023135106	24	14	SH		OTR		14	0	0
APPLE INC	COMMON STOCK	037833100	821	4,436	SH		DFND		4,294	0	142
APPLE INC	COMMON STOCK	037833100	37	200	SH		OTR		100	0	100
AT&T INC	COMMON STOCK	00206R102	7,526	234,388	SH		DFND		227,378	0	7,010
AT&T INC	COMMON STOCK	00206R102	261	8,117	SH		OTR		6,482	0	1,635
BANK OF AMERICA CORP	COMMON STOCK	060505104	164	5,828	SH		DFND		5,828	0	0
BANK OF AMERICA CORP	COMMON STOCK	060505104	103	3,643	SH		OTR		3,643	0	0
BECTON DICKINSON	COMMON STOCK	075887109	12,954	54,075	SH		DFND		52,605	0	1,470
BECTON DICKINSON	COMMON STOCK	075887109	178	744	SH		OTR		744	0	0
BERKSHIRE HATHAWAY INC-CL B	COMMON STOCK	084670702	554	2,967	SH		DFND		2,667	0	300
BERKSHIRE HATHAWAY INC-CL B	COMMON STOCK	084670702	157	841	SH		OTR		841	0	0
BOEING CO	COMMON STOCK	097023105	310	925	SH		DFND		915	0	10
CAMDEN NATIONAL CORP	COMMON STOCK	133034108	3,539	77,417	SH		DFND		0	0	77,417
CAMDEN NATIONAL CORP	COMMON STOCK	133034108	1,529	33,457	SH		OTR		0	0	33,457
CELGENE CORP	COMMON STOCK	151020104	304	3,833	SH		DFND		3,803	0	30
CHEVRON CORPORATION	COMMON STOCK	166764100	425	3,360	SH		DFND		2,729	0	631
CHEVRON CORPORATION	COMMON STOCK	166764100	343	2,716	SH		OTR		2,491	0	225
CISCO SYSTEMS INC	COMMON STOCK	17275R102	322	7,472	SH		DFND		7,472	0	0
COCA COLA CO	COMMON STOCK	191216100	481	10,971	SH		DFND		10,871	0	100
COCA COLA CO	COMMON STOCK	191216100	11	244	SH		OTR		0	0	244
COGNIZANT TECHNOLOGY SOLUTIONS	COMMON STOCK	192446102	292	3,695	SH		DFND		3,695	0	0
COLGATE PALMOLIVE CO	COMMON STOCK	194162103	378	5,825	SH		DFND		5,825	0	0
COLGATE PALMOLIVE CO	COMMON STOCK	194162103	19	300	SH		OTR		0	0	300
COMCAST CORP-CL A	COMMON STOCK	20030N101	455	13,870	SH		DFND		13,870	0	0
COMCAST CORP-CL A	COMMON STOCK	20030N101	34	1,042	SH		OTR		1,042	0	0
CONAGRA BRANDS INC	COMMON STOCK	205887102	6,379	178,537	SH		DFND		172,462	0	6,075
CONAGRA BRANDS INC	COMMON STOCK	205887102	88	2,463	SH		OTR		2,288	0	175
DANAHER CORP	COMMON STOCK	235851102	625	6,336	SH		DFND		6,336	0	0
DISNEY WALT CO NEW	COMMON STOCK	254687106	384	3,660	SH		DFND		2,265	0	1,395
DOMINION ENERGY INC	COMMON STOCK	25746U109	290	4,259	SH		DFND		4,259	0	0
DOWDUPONT INC	COMMON STOCK	26078J100	241	3,652	SH		DFND		3,063	0	589
DOWDUPONT INC	COMMON STOCK	26078J100	21	312	SH		OTR		0	0	312
DUKE ENERGY CORP	COMMON STOCK	26441C204	3,554	44,945	SH		DFND		43,201	0	1,744
DUKE ENERGY CORP	COMMON STOCK	26441C204	45	570	SH		OTR		570	0	0
EXXONMOBIL CORP	COMMON STOCK	30231G102	1,523	18,407	SH		DFND		15,060	0	3,347
EXXONMOBIL CORP	COMMON STOCK	30231G102	423	5,107	SH		OTR		4,797	0	310
FACEBOOK INC-A	COMMON STOCK	30303M102	464	2,388	SH		DFND		2,388	0	0
FACEBOOK INC-A	COMMON STOCK	30303M102	17	88	SH		OTR		88	0	0
FLIR SYSTEMS INC	COMMON STOCK	302445101	10,749	206,834	SH		DFND		201,024	0	5,810
FLIR SYSTEMS INC	COMMON STOCK	302445101	164	3,149	SH		OTR		2,359	0	790
GENERAL MILLS INC	COMMON STOCK	370334104	6,175	139,527	SH		DFND		135,012	0	4,515
GENERAL MILLS INC	COMMON STOCK	370334104	98	2,210	SH		OTR		1,610	0	600
GENUINE PARTS CO	COMMON STOCK	372460105	7,636	83,190	SH		DFND		80,950	0	2,240
GENUINE PARTS CO	COMMON STOCK	372460105	95	1,030	SH		OTR		930	0	100
HOME DEPOT INC	COMMON STOCK	437076102	217	1,110	SH		DFND		1,080	0	30
HOME DEPOT INC	COMMON STOCK	437076102	26	135	SH		OTR		0	0	135
HONEYWELL INTERNATIONAL INC	COMMON STOCK	438516106	863	5,992	SH		DFND		5,992	0	0
HONEYWELL INTERNATIONAL INC	COMMON STOCK	438516106	68	475	SH		OTR		475	0	0
HUBBELL INC	COMMON STOCK	443510607	333	3,150	SH		DFND		3,150	0	0
INTEL CORP	COMMON STOCK	458140100	11,477	230,874	SH		DFND		224,569	0	6,305
INTEL CORP	COMMON STOCK	458140100	175	3,526	SH		OTR		2,926	0	600
INTERNATIONAL FLAVORS & FRAGRA	COMMON STOCK	459506101	6,074	48,997	SH		DFND		47,446	0	1,551
INTERNATIONAL FLAVORS & FRAGRA	COMMON STOCK	459506101	89	715	SH		OTR		625	0	90
INTL. BUSINESS MACHINES CORP	COMMON STOCK	459200101	4,937	35,337	SH		DFND		33,777	0	1,560
INTL. BUSINESS MACHINES CORP	COMMON STOCK	459200101	143	1,024	SH		OTR		744	0	280
JOHNSON & JOHNSON	COMMON STOCK	478160104	9,982	82,261	SH		DFND		79,519	0	2,742
JOHNSON & JOHNSON	COMMON STOCK	478160104	250	2,060	SH		OTR		1,335	0	725
JP MORGAN CHASE & CO	COMMON STOCK	46625H100	308	2,954	SH		DFND		2,757	0	197
KIMBERLY CLARK CORP	COMMON STOCK	494368103	6,878	65,289	SH		DFND		62,624	0	2,665
KIMBERLY CLARK CORP	COMMON STOCK	494368103	107	1,012	SH		OTR		912	0	100
LILLY ELI & CO	COMMON STOCK	532457108	16	187	SH		DFND		187	0	0
LILLY ELI & CO	COMMON STOCK	532457108	377	4,420	SH		OTR		4,420	0	0
MCDONALDS CORP	COMMON STOCK	580135101	10,077	64,312	SH		DFND		62,462	0	1,850
MCDONALDS CORP	COMMON STOCK	580135101	107	683	SH		OTR		583	0	100
MERCK & CO INC	COMMON STOCK	58933Y105	8,786	144,740	SH		DFND		139,842	0	4,898
MERCK & CO INC	COMMON STOCK	58933Y105	130	2,140	SH		OTR		960	0	1,180
MICROSOFT CORP	COMMON STOCK	594918104	14,049	142,470	SH		DFND		139,025	0	3,445
MICROSOFT CORP	COMMON STOCK	594918104	212	2,145	SH		OTR		1,570	0	575
MONDELEZ INTERNATIONAL INC	COMMON STOCK	609207105	4,539	110,700	SH		DFND		106,072	0	4,628
MONDELEZ INTERNATIONAL INC	COMMON STOCK	609207105	83	2,025	SH		OTR		1,855	0	170
NEXTERA ENERGY INC	COMMON STOCK	65339F101	434	2,599	SH		DFND		2,599	0	0
NEXTERA ENERGY INC	COMMON STOCK	65339F101	8	47	SH		OTR		47	0	0
NORTHWEST NATURAL GAS COMPANY	COMMON STOCK	667655104	8,636	135,354	SH		DFND		131,753	0	3,601
NORTHWEST NATURAL GAS COMPANY	COMMON STOCK	667655104	108	1,685	SH		OTR		1,385	0	300
OMNICOM GROUP	COMMON STOCK	681919106	9,259	121,394	SH		DFND		117,269	0	4,125
OMNICOM GROUP	COMMON STOCK	681919106	110	1,445	SH		OTR		1,145	0	300
PEPSICO INC	COMMON STOCK	713448108	8,256	75,837	SH		DFND		73,707	0	2,130
PEPSICO INC	COMMON STOCK	713448108	114	1,050	SH		OTR		875	0	175
PFIZER INC	COMMON STOCK	717081103	310	8,545	SH		DFND		7,695	0	850
PFIZER INC	COMMON STOCK	717081103	18	500	SH		OTR		0	0	500
PHILLIPS 66	COMMON STOCK	718546104	317	2,821	SH		DFND		2,671	0	150
PRAXAIR INC	COMMON STOCK	74005P104	9,519	60,188	SH		DFND		58,413	0	1,775
PRAXAIR INC	COMMON STOCK	74005P104	124	784	SH		OTR		594	0	190
PROCTER & GAMBLE CO	COMMON STOCK	742718109	8,915	114,204	SH		DFND		110,114	0	4,090
PROCTER & GAMBLE CO	COMMON STOCK	742718109	232	2,969	SH		OTR		1,494	0	1,475
RED HAT INC	COMMON STOCK	756577102	273	2,033	SH		DFND		2,033	0	0
REPUBLIC SERVICES INC	COMMON STOCK	760759100	10,289	150,513	SH		DFND		146,333	0	4,180
REPUBLIC SERVICES INC	COMMON STOCK	760759100	122	1,790	SH		OTR		1,790	0	0
ROCKWELL COLLINS	COMMON STOCK	774341101	7,315	54,316	SH		DFND		52,439	0	1,877
ROCKWELL COLLINS	COMMON STOCK	774341101	102	755	SH		OTR		755	0	0
STRYKER CORPORATION	COMMON STOCK	863667101	203	1,205	SH		DFND		1,190	0	15
SYSCO CORP	COMMON STOCK	871829107	10,021	146,736	SH		DFND		142,551	0	4,185
SYSCO CORP	COMMON STOCK	871829107	99	1,445	SH		OTR		1,445	0	0
TARGET CORP	COMMON STOCK	87612E106	5,299	69,612	SH		DFND		66,442	0	3,170
TARGET CORP	COMMON STOCK	87612E106	90	1,185	SH		OTR		1,070	0	115
THE SOUTHERN COMPANY	COMMON STOCK	842587107	3,532	76,262	SH		DFND		73,792	0	2,470
THE SOUTHERN COMPANY	COMMON STOCK	842587107	53	1,155	SH		OTR		855	0	300
THERMO FISHER SCIENTIFIC INC	COMMON STOCK	883556102	259	1,251	SH		DFND		1,251	0	0
TJX COS INC	COMMON STOCK	872540109	6,023	63,278	SH		DFND		60,873	0	2,405
TJX COS INC	COMMON STOCK	872540109	128	1,345	SH		OTR		1,205	0	140
TRAVELERS COMPANIES INC	COMMON STOCK	89417E109	478	3,907	SH		DFND		3,907	0	0
UGI CORP	COMMON STOCK	902681105	431	8,275	SH		DFND		8,275	0	0
UGI CORP	COMMON STOCK	902681105	12	225	SH		OTR		0	0	225
UNITED PARCEL SERVICE CL B	COMMON STOCK	911312106	6,249	58,821	SH		DFND		56,122	0	2,699
UNITED PARCEL SERVICE CL B	COMMON STOCK	911312106	102	960	SH		OTR		790	0	170
UNITED TECHNOLOGIES CORP	COMMON STOCK	913017109	7,770	62,143	SH		DFND		59,918	0	2,225
UNITED TECHNOLOGIES CORP	COMMON STOCK	913017109	98	787	SH		OTR		600	0	187
UNITEDHEALTH GROUP INC	COMMON STOCK	91324P102	384	1,566	SH		DFND		1,566	0	0
US BANCORP NEW	COMMON STOCK	902973304	9,405	188,027	SH		DFND		182,102	0	5,925
US BANCORP NEW	COMMON STOCK	902973304	136	2,710	SH		OTR		2,260	0	450
VENTAS INC REIT	COMMON STOCK	92276F100	8,024	140,890	SH		DFND		135,785	0	5,105
VENTAS INC REIT	COMMON STOCK	92276F100	119	2,093	SH		OTR		1,758	0	335
VERIZON COMMUNICATIONS	COMMON STOCK	92343V104	281	5,595	SH		DFND		5,595	0	0
VERIZON COMMUNICATIONS	COMMON STOCK	92343V104	94	1,865	SH		OTR		1,510	0	355
VISA INC CL A	COMMON STOCK	92826C839	400	3,018	SH		DFND		3,018	0	0
VISA INC CL A	COMMON STOCK	92826C839	123	927	SH		OTR		927	0	0
WALMART INC	COMMON STOCK	931142103	458	5,344	SH		DFND		5,284	0	60
WALMART INC	COMMON STOCK	931142103	17	200	SH		OTR		100	0	100
WELLS FARGO & CO	COMMON STOCK	949746101	307	5,529	SH		DFND		5,529	0	0
WEYERHAEUSER CO REIT	COMMON STOCK	962166104	8,124	222,833	SH		DFND		214,944	0	7,889
WEYERHAEUSER CO REIT	COMMON STOCK	962166104	188	5,143	SH		OTR		4,593	0	550
XYLEM INC	COMMON STOCK	98419M100	10,072	149,479	SH		DFND		144,663	0	4,816
XYLEM INC	COMMON STOCK	98419M100	143	2,116	SH		OTR		1,766	0	350
3M CO	COMMON STOCK	88579Y101	7,810	39,702	SH		DFND		38,387	0	1,315
3M CO	COMMON STOCK	88579Y101	194	985	SH		OTR		935	0	50
NOVARTIS AG SPONS ADR	COMMON STOCK	66987V109	4,902	64,889	SH		DFND		62,707	0	2,182
NOVARTIS AG SPONS ADR	COMMON STOCK	66987V109	77	1,016	SH		OTR		966	0	50
ACCENTURE PLC CL A	COMMON STOCK	G1151C101	13,581	83,019	SH		DFND		80,814	0	2,205
ACCENTURE PLC CL A	COMMON STOCK	G1151C101	175	1,070	SH		OTR		895	0	175
BCE INC	COMMON STOCK	05534B760	7,313	180,608	SH		DFND		174,118	0	6,490
BCE INC	COMMON STOCK	05534B760	112	2,778	SH		OTR		2,528	0	250
CHECK POINT SOFTWARE TECH LTD	COMMON STOCK	M22465104	6,213	63,601	SH		DFND		61,128	0	2,473
CHECK POINT SOFTWARE TECH LTD	COMMON STOCK	M22465104	90	925	SH		OTR		925	0	0
CHUBB LTD	COMMON STOCK	H1467J104	6,666	52,481	SH		DFND		50,690	0	1,791
CHUBB LTD	COMMON STOCK	H1467J104	78	611	SH		OTR		611	0	0
MEDTRONIC PLC	COMMON STOCK	G5960L103	4,742	55,395	SH		DFND		53,031	0	2,364
MEDTRONIC PLC	COMMON STOCK	G5960L103	114	1,330	SH		OTR		1,005	0	325
SCHLUMBERGER LTD	COMMON STOCK	806857108	343	5,119	SH		DFND		5,019	0	100
SCHLUMBERGER LTD	COMMON STOCK	806857108	7	100	SH		OTR		100	0	0
TRANSCANADA CORP	COMMON STOCK	89353D107	5,142	119,018	SH		DFND		114,673	0	4,345
TRANSCANADA CORP	COMMON STOCK	89353D107	83	1,929	SH		OTR		1,539	0	390
FINANCIAL SELECT SECTOR SPDR E	OTR	81369Y605	6,467	243,225	SH		DFND		0	0	243,225
FINANCIAL SELECT SECTOR SPDR E	OTR	81369Y605	83	3,105	SH		OTR		0	0	3,105
FIRST TRUST NASDAQ CLEAN EDGE	OTR	33733E500	189	9,682	SH		DFND		0	0	9,682
FIRST TRUST NASDAQ CLEAN EDGE	OTR	33733E500	20	1,040	SH		OTR		0	0	1,040
ISHARES CORE MSCI EAFE ETF	OTR	46432F842	224	3,534	SH		DFND		0	0	3,534
ISHARES CORE S&P MID-CAP ETF	OTR	464287507	358	1,840	SH		DFND		0	0	1,840
ISHARES DJ SELECT DIVIDEND ETF	OTR	464287168	842	8,615	SH		DFND		0	0	8,615
ISHARES DJ SELECT DIVIDEND ETF	OTR	464287168	28	290	SH		OTR		0	0	290
ISHARES EDGE MSCI MIN VOL USA	OTR	46429B697	2,463	46,333	SH		DFND		0	0	46,333
ISHARES RUSSELL 3000 ETF	OTR	464287689	226	1,390	SH		DFND		0	0	1,390
SPDR GOLD TRUST	OTR	78463V107	335	2,825	SH		DFND		0	0	2,825
SPDR S&P 500 ETF TRUST	OTR	78462F103	369	1,362	SH		DFND		0	0	1,362
SPROTT PHYSICAL GOLD AND SIL	OTR	85208R101	161	12,862	SH		DFND		0	0	12,862
VANGUARD DIVIDEND APPREC ETF	OTR	921908844	1,002	9,858	SH		DFND		0	0	9,858
VANGUARD FTSE DEVELOPED MARKET	OTR	921943858	432	10,079	SH		DFND		0	0	10,079
VANGUARD FTSE EMERGING MARKETS	OTR	922042858	206	4,891	SH		DFND		0	0	4,891
BOULDER GROWTH & INCOME FUND	OTR	101507101	114	11,090	SH		DFND		0	0	11,090
ISHARES BARCLAYS TIPS BOND ETF	OTR	464287176	532	4,711	SH		DFND		0	0	4,711
ISHARES BARCLAYS 1-3 YEAR CR E	OTR	464288646	688	6,634	SH		DFND		0	0	6,634
ISHARES BARCLAYS 1-3 YEAR TR E	OTR	464287457	314	3,764	SH		DFND		0	0	3,764
ISHARES CORE U.S. AGGREGATE BO	OTR	464287226	208	1,960	SH		DFND		0	0	1,960
ISHARES IBONDS MAR 2023 TERM C	OTR	46432FAN7	294	12,480	SH		DFND		0	0	12,480
ISHARES IBONDS MAR 2023 TERM C	OTR	46432FAN7	15	650	SH		OTR		0	0	650
ISHARES IBOXX INV GRD CORP BON	OTR	464287242	918	8,012	SH		DFND		0	0	8,012
ISHARES 0-5 YR INV GRD CORP	OTR	46434V100	433	8,726	SH		DFND		0	0	8,726
ISHARES 3-7 YEAR TREASURY BOND	OTR	464288661	210	1,750	SH		DFND		0	0	1,750
VANGUARD TOTAL BOND MARKET ETF	OTR	921937835	200	2,530	SH		DFND		0	0	2,530