For the eighth consecutive year, “USBanker” magazine selected Camden National Corporation as a “Best Performing Mid-Tier Bank.” This marks the third year that the financial services company has ranked among the top 20 on the publication’s annual list. “USBanker” measures publicly traded banks with assets between $2 and $10 billion on a three-year average return on equity.

For the period ending Dec. 31, 2009, Camden National’s three-year average ROE was 13.43 percent, positioning the company at twelfth on the list to remain the highest-ranking mid-tier bank in New England. The full ranking was published in the August 2010 issue of USBanker magazine.

“Our consistent ranking as a Best Performing Bank is a direct result of the dedication and commitment of our customers, shareholders, communities and employees,” said Gregory A. Dufour, president and chief executive officer, Camden National Bank, in a press release. “We are also fortunate that our shareholders believe in our mission to be a community bank headquartered in the state of Maine, which allows us to focus daily on serving our customers and communities. What sets us apart, though, are our dedicated employees who are passionate about our goal to be the very best we can be.”

“While receiving honors such as this from ‘USBanker’ is important, we are also proud of the fact that we serve over 67,000 Maine households, provide jobs to nearly 422 Maine citizens, serve 34 communities, and provide philanthropic support to countless community-based organizations,” explained Dufour. “Additionally, our investment in the state exceeds $38.5 million per year providing a significant economic contribution to our economy.”