Camden National Corp., a $2.8 billion bank holding company headquartered in Camden, reported net income for the second quarter of 2015 of $7.2 million and diluted earnings per share of $0.96, representing an increase of 14 percent, and $0.11 per share, compared to the same period of 2014, and an increase of 28 percent and $0.21 per share, compared to the prior quarter. Net income and diluted EPS for the six months ended June 30 were $12.8 million and $1.71 per share, respectively, representing an increase of 6 percent and $0.11 per share, compared to the same period of 2014.

The company reported core operating earnings and core diluted earnings per share, which excludes the impact of one-time merger and acquisition costs and investment security gains, for the second quarter of 2015 of $7.3 million and $0.97 per share, respectively, representing an increase of 19 percent and $0.14 per share over the second quarter of 2014 and an increase of 17 percent and $0.13 per share over the prior quarter.

“The strength of Camden National's earnings capacity has been highlighted this year, as we've demonstrated our ability to generate significant core earnings while at the same time absorbing the work and costs associated with a merger," said Gregory A. Dufour, president and chief executive officer of the company.