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  • Published
    August 18, 2016

    Five Midcoast finalists named among Best Places to Work in Maine

    Maine State Council of the Society for Human Resources Management has announced finalists in the 11th annual "Best Places to Work in Maine" program, including several from the Midcoast. Area finalists are CedarWorks of Rockport and Hersey EyeCare of Winterport among smaller companies; Allen Insurance and Financial of Camden and Damariscotta Bank & Trust of Damariscotta among medium-sized companies; and athenahealt...

  • Published
    August 2, 2016

    Bar Harbor Bank & Trust reports profitable quarter

    Bar Harbor Bankshares, the parent company of Bar Harbor Bank & Trust, July 29 announced net income of $4.3 million for the second quarter of 2016, representing an increase of $438 thousand, or 11.3 percent, compared with the second quarter of 2015. The company also reported diluted earnings per share of $0.71 for the quarter, representing an increase of $0.07, or 10.9 percent, compared with the second quarter of ...

  • Published
    July 28, 2016

    Camden National notches 11 percent quarterly increase

    Camden National Corp., a $3.9 billion bank holding company, reported net income for the second quarter of 2016 of $9.6 million and diluted earnings per share of $0.92 per share, representing an increase over the first quarter of 2016 of 11 percent and 10 percent, respectively. Total revenues for the second quarter of 2016 reached $39.1 million, representing a 9 percent increase over prior quarter, and operating ...

  • Published
    July 27, 2016

    The First hits another quarterly record

    The First Bancorp, parent company of First National Bank, July 20 announced operating results for the quarter ended June 30, 2016. Net income was $4.6 million, up $550,000, or 13.5 percent, from the second quarter of 2015 and earnings per common share on a fully diluted basis of $0.43 were up $0.05, or 13.2 percent, from the same period in 2015. The company also announced unaudited results for the six months ...

  • Published
    July 19, 2016

    Sweetser gets statewide training contract

    The Maine Department of Health and Human Services, in coordination with the Office of Substance Abuse and Mental Health Services, has awarded Sweetser, whose locations include Belfast and Rockland, the contract to provide recovery-based peer training statewide. A peer is an individual who is receiving or has received services related to the diagnosis of a serious mental illness and/or substance-use disorder and ...

  • Published
    July 13, 2016

    MaineHealth announces new chief medical officer

    MaineHealth, the state’s largest health care provider, and parent of both Pen Bay Medical Center and Waldo County Hospital, has tapped a New Jersey physician with extensive experience as a medical leader to be its next chief medical officer. Dr. Joan D. Boomsma, currently the chief medical officer with Atlantic Medical Group of Morristown, N.J., will join MaineHealth in September. She replaces Dr. Robert McArtor, ...

  • Published
    July 7, 2016

    Sweetgrass expands distribution to Massachusetts

    Sweetgrass Farm Winery & Distillery will expand distribution to Massachusetts with craft spirits distributor HUB Beverage. Founded in 2005 as Maine’s first farm winery distillery, Sweetgrass’ is now an award-winning, internationally renowned craft spirits manufacturer. Founders Keith and Constance Bodine returned home to Maine to build their business after illustrious careers; Keith as expert winemaker/distiller ...

  • Published
    July 1, 2016

    Bangor Savings Bank achieves 15 straight years of earnings growth

    Bangor Savings Bank announced record earnings at its 164th annual meeting June 27. For the 2016 fiscal year that ended March 31, the bank earned net income of $23.01 million, a 2.86-percent increase over 2015, and the 15th consecutive year of earnings growth. Total loan production was $785.82 million last year, for a total of more than $3.54 billion in cumulative total loan production over the last five years. The...

  • Published
    June 28, 2016

    Camden National Corp. board declares quarterly dividend

    Gregory A. Dufour, president and chief executive officer of Camden National Corp. (NASDAQ: CAC) announced June 28 that the board of directors of the company declared a dividend of $0.30 per share payable July 29 for shareholders of record on July 15. Camden National Corp. is the holding company of Camden National Bank and Acadia Trust N.A. Headquartered in Camden, Camden National Corp. has $3.8 billion in assets ...

  • Published
    June 23, 2016

    Five County Credit Union announces new CEO

    Julie A. Marquis has been named CEO of Five County Credit Union, effective June 1. Marquis has served as vice president, chief operating officer and, most recently, as executive vice president, COO, since July 2013. Marquis recently completed the credit union's three-year executive education program, CEO Institute. In addition, she earned her Certified Chief Executive designation, signifying her ongoing commitment...

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