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	441	6,006	SH		DFND		5,236	0	770
ABBOTT LABS	COMMON STOCK	002824100	22	300	SH		OTR		0	0	300
ABBVIE INC	COMMON STOCK	00287Y109	961	10,160	SH		DFND		9,090	0	1,070
ABBVIE INC	COMMON STOCK	00287Y109	27	290	SH		OTR		90	0	200
ADOBE SYSTEMS INC	COMMON STOCK	00724F101	8,158	30,222	SH		DFND		29,377	0	845
ADOBE SYSTEMS INC	COMMON STOCK	00724F101	107	395	SH		OTR		395	0	0
ALPHABET INC CL A	COMMON STOCK	02079K305	449	372	SH		DFND		367	0	5
ALPHABET INC CL C	COMMON STOCK	02079K107	206	173	SH		DFND		168	0	5
AMAZON.COM INC	COMMON STOCK	023135106	691	345	SH		DFND		315	0	30
APPLE INC	COMMON STOCK	037833100	946	4,192	SH		DFND		4,050	0	142
APPLE INC	COMMON STOCK	037833100	11	50	SH		OTR		0	0	50
AT&T INC	COMMON STOCK	00206R102	7,881	234,693	SH		DFND		227,683	0	7,010
AT&T INC	COMMON STOCK	00206R102	264	7,867	SH		OTR		6,232	0	1,635
BANK OF AMERICA CORP	COMMON STOCK	060505104	166	5,637	SH		DFND		5,637	0	0
BANK OF AMERICA CORP	COMMON STOCK	060505104	107	3,643	SH		OTR		3,643	0	0
BAXTER INTL INC	COMMON STOCK	071813109	191	2,473	SH		DFND		2,473	0	0
BAXTER INTL INC	COMMON STOCK	071813109	17	219	SH		OTR		0	0	219
BECTON DICKINSON	COMMON STOCK	075887109	12,650	48,468	SH		DFND		47,498	0	970
BECTON DICKINSON	COMMON STOCK	075887109	171	654	SH		OTR		654	0	0
BERKSHIRE HATHAWAY INC-CL B	COMMON STOCK	084670702	618	2,887	SH		DFND		2,587	0	300
BERKSHIRE HATHAWAY INC-CL B	COMMON STOCK	084670702	180	841	SH		OTR		841	0	0
BOEING CO	COMMON STOCK	097023105	1,084	2,914	SH		DFND		780	0	2,134
CAMDEN NATIONAL CORP	COMMON STOCK	133034108	3,309	76,167	SH		DFND		0	0	76,167
CAMDEN NATIONAL CORP	COMMON STOCK	133034108	1,452	33,422	SH		OTR		0	0	33,422
CELGENE CORP	COMMON STOCK	151020104	311	3,480	SH		DFND		3,450	0	30
CHEVRON CORPORATION	COMMON STOCK	166764100	389	3,184	SH		DFND		2,553	0	631
CHEVRON CORPORATION	COMMON STOCK	166764100	332	2,716	SH		OTR		2,491	0	225
CISCO SYSTEMS INC	COMMON STOCK	17275R102	362	7,447	SH		DFND		7,447	0	0
COCA COLA CO	COMMON STOCK	191216100	464	10,051	SH		DFND		9,951	0	100
COCA COLA CO	COMMON STOCK	191216100	11	244	SH		OTR		0	0	244
COGNIZANT TECHNOLOGY SOLUTIONS	COMMON STOCK	192446102	255	3,310	SH		DFND		3,310	0	0
COLGATE PALMOLIVE CO	COMMON STOCK	194162103	382	5,710	SH		DFND		5,710	0	0
COLGATE PALMOLIVE CO	COMMON STOCK	194162103	20	300	SH		OTR		0	0	300
COMCAST CORP-CL A	COMMON STOCK	20030N101	491	13,870	SH		DFND		13,870	0	0
COMCAST CORP-CL A	COMMON STOCK	20030N101	31	866	SH		OTR		866	0	0
CONAGRA BRANDS INC	COMMON STOCK	205887102	6,180	181,919	SH		DFND		175,844	0	6,075
CONAGRA BRANDS INC	COMMON STOCK	205887102	79	2,318	SH		OTR		2,143	0	175
DANAHER CORP	COMMON STOCK	235851102	659	6,061	SH		DFND		6,061	0	0
DISNEY WALT CO NEW	COMMON STOCK	254687106	406	3,470	SH		DFND		2,075	0	1,395
DOMINION ENERGY INC	COMMON STOCK	25746U109	299	4,259	SH		DFND		4,259	0	0
DOWDUPONT INC	COMMON STOCK	26078J100	210	3,267	SH		DFND		2,678	0	589
DOWDUPONT INC	COMMON STOCK	26078J100	20	312	SH		OTR		0	0	312
DUKE ENERGY CORP	COMMON STOCK	26441C204	3,684	46,042	SH		DFND		44,298	0	1,744
DUKE ENERGY CORP	COMMON STOCK	26441C204	42	530	SH		OTR		530	0	0
EXXONMOBIL CORP	COMMON STOCK	30231G102	1,504	17,689	SH		DFND		14,447	0	3,242
EXXONMOBIL CORP	COMMON STOCK	30231G102	434	5,107	SH		OTR		4,797	0	310
FACEBOOK INC-A	COMMON STOCK	30303M102	369	2,242	SH		DFND		2,242	0	0
FLIR SYSTEMS INC	COMMON STOCK	302445101	12,096	196,783	SH		DFND		191,823	0	4,960
FLIR SYSTEMS INC	COMMON STOCK	302445101	184	2,999	SH		OTR		2,309	0	690
GENERAL MILLS INC	COMMON STOCK	370334104	6,085	141,782	SH		DFND		137,267	0	4,515
GENERAL MILLS INC	COMMON STOCK	370334104	99	2,310	SH		OTR		1,610	0	700
GENUINE PARTS CO	COMMON STOCK	372460105	8,334	83,840	SH		DFND		81,600	0	2,240
GENUINE PARTS CO	COMMON STOCK	372460105	102	1,030	SH		OTR		930	0	100
HOME DEPOT INC	COMMON STOCK	437076102	215	1,039	SH		DFND		1,009	0	30
HOME DEPOT INC	COMMON STOCK	437076102	28	135	SH		OTR		0	0	135
HONEYWELL INTERNATIONAL INC	COMMON STOCK	438516106	980	5,892	SH		DFND		5,892	0	0
HONEYWELL INTERNATIONAL INC	COMMON STOCK	438516106	67	400	SH		OTR		400	0	0
HUBBELL INC	COMMON STOCK	443510607	421	3,150	SH		DFND		3,150	0	0
INTEL CORP	COMMON STOCK	458140100	10,814	228,680	SH		DFND		222,375	0	6,305
INTEL CORP	COMMON STOCK	458140100	160	3,378	SH		OTR		2,778	0	600
INTERNATIONAL FLAVORS & FRAGRA	COMMON STOCK	459506101	7,105	51,069	SH		DFND		49,518	0	1,551
INTERNATIONAL FLAVORS & FRAGRA	COMMON STOCK	459506101	99	715	SH		OTR		625	0	90
INTL. BUSINESS MACHINES CORP	COMMON STOCK	459200101	5,254	34,748	SH		DFND		32,820	0	1,928
INTL. BUSINESS MACHINES CORP	COMMON STOCK	459200101	155	1,024	SH		OTR		744	0	280
JOHNSON & JOHNSON	COMMON STOCK	478160104	11,106	80,381	SH		DFND		77,639	0	2,742
JOHNSON & JOHNSON	COMMON STOCK	478160104	267	1,935	SH		OTR		1,210	0	725
JP MORGAN CHASE & CO	COMMON STOCK	46625H100	280	2,480	SH		DFND		2,308	0	172
KIMBERLY CLARK CORP	COMMON STOCK	494368103	7,393	65,057	SH		DFND		62,392	0	2,665
KIMBERLY CLARK CORP	COMMON STOCK	494368103	115	1,012	SH		OTR		912	0	100
LILLY ELI & CO	COMMON STOCK	532457108	20	182	SH		DFND		182	0	0
LILLY ELI & CO	COMMON STOCK	532457108	474	4,420	SH		OTR		4,420	0	0
MCDONALDS CORP	COMMON STOCK	580135101	10,671	63,785	SH		DFND		61,955	0	1,830
MCDONALDS CORP	COMMON STOCK	580135101	98	583	SH		OTR		483	0	100
MERCK & CO INC	COMMON STOCK	58933Y105	10,207	143,881	SH		DFND		139,008	0	4,873
MERCK & CO INC	COMMON STOCK	58933Y105	149	2,097	SH		OTR		917	0	1,180
MICROSOFT CORP	COMMON STOCK	594918104	14,752	128,981	SH		DFND		125,736	0	3,245
MICROSOFT CORP	COMMON STOCK	594918104	229	2,005	SH		OTR		1,530	0	475
MONDELEZ INTERNATIONAL INC	COMMON STOCK	609207105	5,040	117,315	SH		DFND		112,687	0	4,628
MONDELEZ INTERNATIONAL INC	COMMON STOCK	609207105	83	1,925	SH		OTR		1,755	0	170
NEXTERA ENERGY INC	COMMON STOCK	65339F101	421	2,509	SH		DFND		2,509	0	0
NORTHWEST NATURAL GAS COMPANY	COMMON STOCK	667655104	8,915	133,259	SH		DFND		129,688	0	3,571
NORTHWEST NATURAL GAS COMPANY	COMMON STOCK	667655104	113	1,685	SH		OTR		1,385	0	300
OMNICOM GROUP	COMMON STOCK	681919106	8,312	122,204	SH		DFND		118,079	0	4,125
OMNICOM GROUP	COMMON STOCK	681919106	98	1,445	SH		OTR		1,145	0	300
PEPSICO INC	COMMON STOCK	713448108	8,276	74,029	SH		DFND		71,899	0	2,130
PEPSICO INC	COMMON STOCK	713448108	117	1,050	SH		OTR		875	0	175
PFIZER INC	COMMON STOCK	717081103	379	8,597	SH		DFND		7,747	0	850
PFIZER INC	COMMON STOCK	717081103	22	500	SH		OTR		0	0	500
PHILLIPS 66	COMMON STOCK	718546104	300	2,659	SH		DFND		2,509	0	150
PRAXAIR INC	COMMON STOCK	74005P104	9,613	59,811	SH		DFND		58,051	0	1,760
PRAXAIR INC	COMMON STOCK	74005P104	116	724	SH		OTR		534	0	190
PROCTER & GAMBLE CO	COMMON STOCK	742718109	9,199	110,528	SH		DFND		106,438	0	4,090
PROCTER & GAMBLE CO	COMMON STOCK	742718109	247	2,969	SH		OTR		1,494	0	1,475
RED HAT INC	COMMON STOCK	756577102	270	1,980	SH		DFND		1,980	0	0
REPUBLIC SERVICES INC	COMMON STOCK	760759100	10,410	143,265	SH		DFND		139,240	0	4,025
REPUBLIC SERVICES INC	COMMON STOCK	760759100	126	1,740	SH		OTR		1,740	0	0
ROCKWELL COLLINS	COMMON STOCK	774341101	7,604	54,136	SH		DFND		52,274	0	1,862
ROCKWELL COLLINS	COMMON STOCK	774341101	106	755	SH		OTR		755	0	0
SYSCO CORP	COMMON STOCK	871829107	10,020	136,790	SH		DFND		133,455	0	3,335
SYSCO CORP	COMMON STOCK	871829107	106	1,445	SH		OTR		1,445	0	0
TARGET CORP	COMMON STOCK	87612E106	6,316	71,605	SH		DFND		68,435	0	3,170
TARGET CORP	COMMON STOCK	87612E106	105	1,185	SH		OTR		1,070	0	115
THE SOUTHERN COMPANY	COMMON STOCK	842587107	3,339	76,579	SH		DFND		74,109	0	2,470
THE SOUTHERN COMPANY	COMMON STOCK	842587107	46	1,045	SH		OTR		745	0	300
THERMO FISHER SCIENTIFIC INC	COMMON STOCK	883556102	229	937	SH		DFND		937	0	0
TJX COS INC	COMMON STOCK	872540109	7,094	63,332	SH		DFND		60,927	0	2,405
TJX COS INC	COMMON STOCK	872540109	151	1,345	SH		OTR		1,205	0	140
TRAVELERS COMPANIES INC	COMMON STOCK	89417E109	507	3,907	SH		DFND		3,907	0	0
UGI CORP	COMMON STOCK	902681105	459	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	6,912	59,202	SH		DFND		56,503	0	2,699
UNITED PARCEL SERVICE CL B	COMMON STOCK	911312106	107	913	SH		OTR		743	0	170
UNITED TECHNOLOGIES CORP	COMMON STOCK	913017109	8,655	61,904	SH		DFND		59,694	0	2,210
UNITED TECHNOLOGIES CORP	COMMON STOCK	913017109	102	732	SH		OTR		545	0	187
UNITEDHEALTH GROUP INC	COMMON STOCK	91324P102	410	1,541	SH		DFND		1,541	0	0
US BANCORP NEW	COMMON STOCK	902973304	10,006	189,464	SH		DFND		183,539	0	5,925
US BANCORP NEW	COMMON STOCK	902973304	136	2,575	SH		OTR		2,125	0	450
VENTAS INC REIT	COMMON STOCK	92276F100	7,606	139,872	SH		DFND		134,767	0	5,105
VENTAS INC REIT	COMMON STOCK	92276F100	101	1,865	SH		OTR		1,530	0	335
VERIZON COMMUNICATIONS	COMMON STOCK	92343V104	255	4,785	SH		DFND		4,785	0	0
VERIZON COMMUNICATIONS	COMMON STOCK	92343V104	89	1,665	SH		OTR		1,310	0	355
VISA INC CL A	COMMON STOCK	92826C839	8,601	57,304	SH		DFND		57,269	0	35
VISA INC CL A	COMMON STOCK	92826C839	207	1,380	SH		OTR		1,310	0	70
WALMART INC	COMMON STOCK	931142103	497	5,295	SH		DFND		5,235	0	60
WALMART INC	COMMON STOCK	931142103	19	200	SH		OTR		100	0	100
WELLS FARGO & CO	COMMON STOCK	949746101	250	4,762	SH		DFND		4,762	0	0
WEYERHAEUSER CO REIT	COMMON STOCK	962166104	7,271	225,320	SH		DFND		217,471	0	7,849
WEYERHAEUSER CO REIT	COMMON STOCK	962166104	166	5,143	SH		OTR		4,593	0	550
XYLEM INC	COMMON STOCK	98419M100	11,083	138,759	SH		DFND		135,483	0	3,276
XYLEM INC	COMMON STOCK	98419M100	160	2,006	SH		OTR		1,656	0	350
3M CO	COMMON STOCK	88579Y101	8,432	40,017	SH		DFND		38,702	0	1,315
3M CO	COMMON STOCK	88579Y101	200	950	SH		OTR		900	0	50
NOVARTIS AG SPONS ADR	COMMON STOCK	66987V109	5,816	67,507	SH		DFND		65,325	0	2,182
NOVARTIS AG SPONS ADR	COMMON STOCK	66987V109	82	946	SH		OTR		896	0	50
ACCENTURE PLC CL A	COMMON STOCK	G1151C101	13,403	78,748	SH		DFND		76,983	0	1,765
ACCENTURE PLC CL A	COMMON STOCK	G1151C101	155	910	SH		OTR		735	0	175
BCE INC	COMMON STOCK	05534B760	7,384	182,220	SH		DFND		175,730	0	6,490
BCE INC	COMMON STOCK	05534B760	103	2,553	SH		OTR		2,303	0	250
CHECK POINT SOFTWARE TECH LTD	COMMON STOCK	M22465104	7,671	65,188	SH		DFND		62,715	0	2,473
CHECK POINT SOFTWARE TECH LTD	COMMON STOCK	M22465104	102	865	SH		OTR		865	0	0
CHUBB LTD	COMMON STOCK	H1467J104	7,302	54,641	SH		DFND		52,850	0	1,791
CHUBB LTD	COMMON STOCK	H1467J104	82	611	SH		OTR		611	0	0
MEDTRONIC PLC	COMMON STOCK	G5960L103	5,674	57,677	SH		DFND		55,313	0	2,364
MEDTRONIC PLC	COMMON STOCK	G5960L103	125	1,275	SH		OTR		950	0	325
SCHLUMBERGER LTD	COMMON STOCK	806857108	308	5,053	SH		DFND		4,953	0	100
SCHLUMBERGER LTD	COMMON STOCK	806857108	6	100	SH		OTR		100	0	0
TRANSCANADA CORP	COMMON STOCK	89353D107	4,979	123,064	SH		DFND		118,719	0	4,345
TRANSCANADA CORP	COMMON STOCK	89353D107	75	1,854	SH		OTR		1,464	0	390
FINANCIAL SELECT SECTOR SPDR E	OTR	81369Y605	6,804	246,697	SH		DFND		237,997	0	8,700
FINANCIAL SELECT SECTOR SPDR E	OTR	81369Y605	73	2,630	SH		OTR		2,630	0	0
FIRST TRUST NASDAQ CLEAN EDGE	OTR	33733E500	201	10,182	SH		DFND		10,182	0	0
FIRST TRUST NASDAQ CLEAN EDGE	OTR	33733E500	20	1,040	SH		OTR		1,040	0	0
ISHARES CORE MSCI EAFE ETF	OTR	46432F842	246	3,835	SH		DFND		3,835	0	0
ISHARES CORE S&P MID-CAP ETF	OTR	464287507	370	1,840	SH		DFND		1,840	0	0
ISHARES DJ SELECT DIVIDEND ETF	OTR	464287168	936	9,387	SH		DFND		9,212	0	175
ISHARES DJ SELECT DIVIDEND ETF	OTR	464287168	10	100	SH		OTR		100	0	0
ISHARES EDGE MSCI MIN VOL USA	OTR	46429B697	2,306	40,434	SH		DFND		39,909	0	525
ISHARES RUSSELL 3000 ETF	OTR	464287689	239	1,390	SH		DFND		0	0	1,390
SPDR GOLD TRUST	OTR	78463V107	307	2,725	SH		DFND		2,725	0	0
SPDR S&P 500 ETF TRUST	OTR	78462F103	386	1,327	SH		DFND		1,327	0	0
SPROTT PHYSICAL GOLD AND SIL	OTR	85208R101	138	11,792	SH		DFND		10,200	0	1,592
VANGUARD DIVIDEND APPREC ETF	OTR	921908844	1,079	9,748	SH		DFND		9,748	0	0
VANGUARD FTSE DEVELOPED MARKET	OTR	921943858	483	11,171	SH		DFND		11,171	0	0
BOULDER GROWTH & INCOME FUND	OTR	101507101	124	11,090	SH		DFND		11,090	0	0
ISHARES BARCLAYS TIPS BOND ETF	OTR	464287176	521	4,711	SH		DFND		4,711	0	0
ISHARES BARCLAYS 1-3 YEAR TR E	OTR	464287457	337	4,060	SH		DFND		4,060	0	0
ISHARES IBONDS MAR 2023 TERM C	OTR	46432FAN7	288	12,245	SH		DFND		11,845	0	400
ISHARES IBONDS MAR 2023 TERM C	OTR	46432FAN7	15	650	SH		OTR		0	0	650
ISHARES IBOXX INV GRD CORP BON	OTR	464287242	1,251	10,888	SH		DFND		10,763	0	125
ISHARES SHORT-TERM CORPORATE B	OTR	464288646	613	11,818	SH		DFND		11,818	0	0
ISHARES 0-5 YR INV GRD CORP	OTR	46434V100	688	13,861	SH		DFND		13,861	0	0
VANGUARD SHORT TERM BOND ETF	OTR	921937827	313	4,011	SH		DFND		4,011	0	0
VANGUARD SHORT TERM BOND ETF	OTR	921937827	15	190	SH		OTR		0	0	190
VANGUARD TOTAL BOND MARKET ETF	OTR	921937835	197	2,509	SH		DFND		2,509	0	0
VANGUARD TOTAL BOND MARKET ETF	OTR	921937835	24	300	SH		OTR		0	0	300