Camden National Corp. reported net income for the first quarter of 2017 of $10.1 million and diluted earnings per share of $0.64 per share, representing an increase over the first quarter of 2016 of 17 percent and 14 percent, respectively. For the first quarter of 2017, the company's return on average assets was 1.05 percent, return on average tangible equity was 14.37 percent, and efficiency ratio was 58 percent.

"Last year was a record year for Camden National, as we were able to deliver on the financial commitments made and report record earnings, all while seeing through the successful integration of two great companies — and the start to 2017 is shaping up to be no different," said Gregory A. Dufour, president and chief executive officer of Camden National. "Net income increased 17 percent and diluted EPS increased 14 percent for the first quarter of 2017 over the same period last year. Our solid performance reflects the investments and strategic decision-making we've made over the past 18 months."