10-Q 1 cac-20220331.htm 10-Q cac-20220331
false2022Q10000750686--12-3100007506862022-01-012022-03-3100007506862022-04-29xbrli:shares00007506862022-03-31iso4217:USD00007506862021-12-31iso4217:USDxbrli:shares00007506862021-01-012021-03-310000750686us-gaap:DebitCardMember2022-01-012022-03-310000750686us-gaap:DebitCardMember2021-01-012021-03-310000750686us-gaap:DepositAccountMember2022-01-012022-03-310000750686us-gaap:DepositAccountMember2021-01-012021-03-310000750686us-gaap:FiduciaryAndTrustMember2022-01-012022-03-310000750686us-gaap:FiduciaryAndTrustMember2021-01-012021-03-310000750686us-gaap:CommonStockMember2020-12-310000750686us-gaap:RetainedEarningsMember2020-12-310000750686us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-3100007506862020-12-310000750686us-gaap:RetainedEarningsMember2021-01-012021-03-310000750686us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-310000750686us-gaap:CommonStockMember2021-01-012021-03-310000750686us-gaap:CommonStockMember2021-03-310000750686us-gaap:RetainedEarningsMember2021-03-310000750686us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-03-3100007506862021-03-310000750686us-gaap:CommonStockMember2021-12-310000750686us-gaap:RetainedEarningsMember2021-12-310000750686us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-12-310000750686us-gaap:RetainedEarningsMember2022-01-012022-03-310000750686us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-012022-03-310000750686us-gaap:CommonStockMember2022-01-012022-03-310000750686us-gaap:CommonStockMember2022-03-310000750686us-gaap:RetainedEarningsMember2022-03-310000750686us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-03-310000750686us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2022-03-310000750686us-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310000750686us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-03-310000750686cac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:CorporateDebtSecuritiesMember2022-03-310000750686us-gaap:DebtSecuritiesMember2022-03-310000750686us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2021-12-310000750686us-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310000750686us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310000750686cac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:CorporateDebtSecuritiesMember2021-12-310000750686us-gaap:DebtSecuritiesMember2021-12-31cac:security0000750686us-gaap:CollateralizedMortgageObligationsMember2022-03-310000750686us-gaap:CollateralizedMortgageObligationsMember2021-12-310000750686us-gaap:AvailableforsaleSecuritiesMember2022-03-310000750686us-gaap:AvailableforsaleSecuritiesMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2021-12-310000750686us-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:CommercialPortfolioSegmentMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMember2022-03-310000750686cac:SBAPPPPortfolioSegmentMember2021-12-310000750686us-gaap:CommercialLoanMember2022-03-310000750686us-gaap:CommercialLoanMember2021-12-310000750686us-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMember2021-12-310000750686us-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686cac:RetailLoanMember2022-03-310000750686cac:RetailLoanMember2021-12-3100007506862021-01-012021-12-31cac:loan0000750686cac:SBAPPPPortfolioSegmentMember2022-03-3100007506862020-01-012020-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:PassMember2022-03-310000750686us-gaap:FixedRateResidentialMortgageMember2022-01-012022-03-310000750686us-gaap:FixedRateResidentialMortgageMember2021-01-012021-03-310000750686us-gaap:FixedRateResidentialMortgageMember2022-03-310000750686us-gaap:FixedRateResidentialMortgageMember2021-12-310000750686us-gaap:NonoperatingIncomeExpenseMemberus-gaap:FixedRateResidentialMortgageMember2022-01-012022-03-310000750686us-gaap:NonoperatingIncomeExpenseMemberus-gaap:FixedRateResidentialMortgageMember2021-01-012021-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMember2022-01-012022-03-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2022-01-012022-03-310000750686us-gaap:CommercialPortfolioSegmentMember2022-01-012022-03-310000750686cac:SBAPPPPortfolioSegmentMember2022-01-012022-03-310000750686us-gaap:ResidentialPortfolioSegmentMember2022-01-012022-03-310000750686cac:HomeEquityPortfolioSegmentMember2022-01-012022-03-310000750686us-gaap:ConsumerPortfolioSegmentMember2022-01-012022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMember2020-12-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2020-12-310000750686us-gaap:CommercialPortfolioSegmentMember2020-12-310000750686cac:SBAPPPPortfolioSegmentMember2020-12-310000750686us-gaap:ResidentialPortfolioSegmentMember2020-12-310000750686cac:HomeEquityPortfolioSegmentMember2020-12-310000750686us-gaap:ConsumerPortfolioSegmentMember2020-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMember2021-01-012021-06-300000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2021-01-012021-06-300000750686us-gaap:CommercialPortfolioSegmentMember2021-01-012021-06-300000750686cac:SBAPPPPortfolioSegmentMember2021-01-012021-06-300000750686us-gaap:ResidentialPortfolioSegmentMember2021-01-012021-06-300000750686cac:HomeEquityPortfolioSegmentMember2021-01-012021-06-300000750686us-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-3000007506862021-01-012021-06-300000750686cac:SmallBusinessAdministrationCARESActMember2022-01-012022-03-310000750686cac:NonResidentialBuildingOperatorsIndustrySectorMembercac:TotalLoanPortfolioMembercac:LoanConcentrationRiskMember2022-01-012022-03-31xbrli:pure0000750686cac:NonResidentialBuildingOperatorsIndustrySectorMemberus-gaap:CommercialRealEstatePortfolioSegmentMembercac:LoanConcentrationRiskMember2022-01-012022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:PassMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:SpecialMentionMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:SubstandardMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:DoubtfulMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:PassMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:SpecialMentionMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:SubstandardMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:DoubtfulMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2022-03-310000750686us-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:SpecialMentionMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:SubstandardMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:DoubtfulMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:CommercialPortfolioSegmentMember2022-03-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:SpecialMentionMember2022-03-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:SubstandardMember2022-03-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:DoubtfulMember2022-03-310000750686us-gaap:PassMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:SpecialMentionMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:SubstandardMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:DoubtfulMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:PerformingFinancingReceivableMembercac:HomeEquityPortfolioSegmentMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMember2022-03-310000750686us-gaap:PerformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:ConsumerPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2022-03-310000750686us-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:PassMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:SpecialMentionMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:SubstandardMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:DoubtfulMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:PassMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:SpecialMentionMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:SubstandardMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:DoubtfulMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2021-12-310000750686us-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:SpecialMentionMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:SubstandardMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:DoubtfulMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:CommercialPortfolioSegmentMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:PassMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:SpecialMentionMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:SubstandardMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:DoubtfulMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMember2021-12-310000750686us-gaap:PassMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:SpecialMentionMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:SubstandardMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:DoubtfulMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:PerformingFinancingReceivableMembercac:HomeEquityPortfolioSegmentMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMember2021-12-310000750686us-gaap:PerformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686us-gaap:ConsumerPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2021-12-310000750686us-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancialAssetPastDueMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancialAssetNotPastDueMember2022-03-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMembercac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2022-03-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMembercac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2022-03-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMembercac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2022-03-310000750686us-gaap:FinancialAssetPastDueMembercac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:FinancialAssetNotPastDueMember2022-03-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:FinancialAssetPastDueMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2022-03-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMembercac:SBAPPPPortfolioSegmentMember2022-03-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-03-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-03-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2022-03-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2022-03-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:FinancialAssetPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2022-03-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMembercac:HomeEquityPortfolioSegmentMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2022-03-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2022-03-310000750686us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2022-03-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMember2022-03-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMember2022-03-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-03-310000750686us-gaap:FinancialAssetPastDueMember2022-03-310000750686us-gaap:FinancialAssetNotPastDueMember2022-03-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancialAssetPastDueMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentNonOwnerOccupiedMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMembercac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2021-12-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMembercac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2021-12-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMembercac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2021-12-310000750686us-gaap:FinancialAssetPastDueMembercac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMember2021-12-310000750686cac:CommercialRealEstatePortfolioSegmentOwnerOccupiedMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:FinancialAssetPastDueMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMembercac:SBAPPPPortfolioSegmentMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2021-12-310000750686cac:SBAPPPPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:FinancialAssetPastDueMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMembercac:HomeEquityPortfolioSegmentMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2021-12-310000750686us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000750686us-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000750686us-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000750686us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000750686us-gaap:FinancialAssetPastDueMember2021-12-310000750686us-gaap:FinancialAssetNotPastDueMember2021-12-310000750686us-gaap:RealEstateMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686cac:GeneralBusinessAssetsMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:CollateralPledgedMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:RealEstateMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686cac:GeneralBusinessAssetsMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:CollateralPledgedMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:RealEstateMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMembercac:GeneralBusinessAssetsMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:CollateralPledgedMember2022-03-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:RealEstateMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMembercac:GeneralBusinessAssetsMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMemberus-gaap:CollateralPledgedMember2021-12-310000750686us-gaap:RealEstateMember2022-03-310000750686cac:GeneralBusinessAssetsMember2022-03-310000750686us-gaap:CollateralPledgedMember2022-03-310000750686us-gaap:RealEstateMember2021-12-310000750686cac:GeneralBusinessAssetsMember2021-12-310000750686us-gaap:CollateralPledgedMember2021-12-310000750686us-gaap:PerformingFinancingReceivableMemberus-gaap:LoansReceivableMember2022-03-310000750686us-gaap:NonperformingFinancingReceivableMemberus-gaap:LoansReceivableMember2022-03-310000750686us-gaap:PerformingFinancingReceivableMemberus-gaap:LoansReceivableMember2021-12-310000750686us-gaap:NonperformingFinancingReceivableMemberus-gaap:LoansReceivableMember2021-12-310000750686cac:HomeEquityPortfolioSegmentMembercac:InterestRateConcessionAndPaymentDeferralMember2022-01-012022-03-310000750686cac:HomeEquityPortfolioSegmentMembercac:InterestRateConcessionAndPaymentDeferralMember2021-01-012021-03-310000750686us-gaap:ShortTermDebtMember2022-03-310000750686us-gaap:ShortTermDebtMember2021-12-310000750686us-gaap:MaturityOvernightMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:MaturityOvernightMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:MaturityOvernightMembercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:MaturityOvernightMembercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:MaturityOvernightMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310000750686us-gaap:MaturityOvernightMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310000750686us-gaap:MaturityOvernightMember2022-03-310000750686us-gaap:MaturityOvernightMember2021-12-310000750686us-gaap:CollateralPledgedMemberus-gaap:MaturityOvernightMember2022-03-310000750686us-gaap:CollateralPledgedMemberus-gaap:MaturityOvernightMember2021-12-310000750686us-gaap:CommitmentsToExtendCreditMember2022-03-310000750686us-gaap:CommitmentsToExtendCreditMember2021-12-310000750686us-gaap:StandbyLettersOfCreditMember2022-03-310000750686us-gaap:StandbyLettersOfCreditMember2021-12-310000750686us-gaap:InterestRateContractMemberus-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2022-03-310000750686us-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherLiabilitiesMember2022-03-310000750686us-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2022-03-310000750686us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherLiabilitiesMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:OtherAssetsMembercac:CustomerLoanSwapsMember2022-03-310000750686us-gaap:NondesignatedMembercac:CustomerLoanSwapsMemberus-gaap:OtherLiabilitiesMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:LoanParticipationsAndAssignmentsMemberus-gaap:OtherAssetsMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:LoanParticipationsAndAssignmentsMemberus-gaap:OtherLiabilitiesMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:OtherAssetsMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:OtherLiabilitiesMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:ForwardContractsMemberus-gaap:OtherAssetsMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:ForwardContractsMemberus-gaap:OtherLiabilitiesMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:OtherAssetsMember2022-03-310000750686us-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMember2022-03-310000750686us-gaap:InterestRateContractMemberus-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-12-310000750686us-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherLiabilitiesMember2021-12-310000750686us-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-12-310000750686us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherLiabilitiesMember2021-12-310000750686us-gaap:NondesignatedMemberus-gaap:OtherAssetsMembercac:CustomerLoanSwapsMember2021-12-310000750686us-gaap:NondesignatedMembercac:CustomerLoanSwapsMemberus-gaap:OtherLiabilitiesMember2021-12-310000750686us-gaap:NondesignatedMemberus-gaap:LoanParticipationsAndAssignmentsMemberus-gaap:OtherAssetsMember2021-12-310000750686us-gaap:NondesignatedMemberus-gaap:LoanParticipationsAndAssignmentsMemberus-gaap:OtherLiabilitiesMember2021-12-310000750686us-gaap:NondesignatedMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:OtherAssetsMember2021-12-310000750686us-gaap:NondesignatedMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:OtherLiabilitiesMember2021-12-310000750686us-gaap:NondesignatedMemberus-gaap:ForwardContractsMemberus-gaap:OtherAssetsMember2021-12-310000750686us-gaap:NondesignatedMemberus-gaap:ForwardContractsMemberus-gaap:OtherLiabilitiesMember2021-12-310000750686us-gaap:NondesignatedMember2021-12-310000750686cac:InterestRateContractOneMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestRateContractOneMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestRateContractOneMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestRateContractTwoMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestRateContractTwoMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestRateContractTwoMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseDepositsMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseDepositsMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestExpenseDepositsMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestRateContractThreeMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMembercac:InterestRateContractThreeMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestRateContractThreeMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseSubordinatedDebenturesMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseSubordinatedDebenturesMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseSubordinatedDebenturesMembercac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686us-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestRateContractOneMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestRateContractOneMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestRateContractOneMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestRateContractTwoMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestRateContractTwoMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestRateContractTwoMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseDepositsMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseDepositsMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMembercac:InterestExpenseDepositsMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestRateContractFourMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestRateContractFourMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestRateContractFourMembercac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseSubordinatedDebenturesMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseSubordinatedDebenturesMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseSubordinatedDebenturesMembercac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686us-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseDepositsMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseSubordinatedDebenturesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseDepositsMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseSubordinatedDebenturesMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686us-gaap:InterestRateContractMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686us-gaap:InterestRateContractMembercac:InterestExpenseDepositsMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseSubordinatedDebenturesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686us-gaap:InterestRateContractMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686us-gaap:InterestRateContractMembercac:InterestExpenseDepositsMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseSubordinatedDebenturesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686us-gaap:InterestRateContractMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686us-gaap:InterestRateContractMembercac:InterestExpenseDepositsMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseSubordinatedDebenturesMemberus-gaap:InterestRateContractMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686us-gaap:InterestRateContractMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686us-gaap:InterestRateContractMembercac:InterestExpenseDepositsMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseSubordinatedDebenturesMemberus-gaap:InterestRateContractMembercac:AOCIDerivativeQualifyingAsHedgeIncludedComponentMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:InterestRateContractMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:InterestRateContractMembercac:InterestExpenseDepositsMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:InterestExpenseSubordinatedDebenturesMembercac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-01-012022-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:InterestRateContractMembercac:InterestIncomeLoansAndFeesMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:InterestRateContractMembercac:InterestExpenseDepositsMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686cac:InterestExpenseSubordinatedDebenturesMembercac:AOCIDerivativeQualifyingAsHedgeExcludedComponentMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-01-012021-03-310000750686us-gaap:NondesignatedMemberus-gaap:OtherExpenseMembercac:CustomerLoanSwapsMember2022-01-012022-03-310000750686us-gaap:NondesignatedMemberus-gaap:OtherExpenseMembercac:CustomerLoanSwapsMember2021-01-012021-03-310000750686us-gaap:NondesignatedMembercac:NonInterestIncomeMortgageBankingIncomeMemberus-gaap:InterestRateLockCommitmentsMember2022-01-012022-03-310000750686us-gaap:NondesignatedMembercac:NonInterestIncomeMortgageBankingIncomeMemberus-gaap:InterestRateLockCommitmentsMember2021-01-012021-03-310000750686us-gaap:NondesignatedMembercac:NonInterestIncomeMortgageBankingIncomeMemberus-gaap:ForwardContractsMember2022-01-012022-03-310000750686us-gaap:NondesignatedMembercac:NonInterestIncomeMortgageBankingIncomeMemberus-gaap:ForwardContractsMember2021-01-012021-03-310000750686us-gaap:NondesignatedMember2022-01-012022-03-310000750686us-gaap:NondesignatedMember2021-01-012021-03-310000750686cac:CustomerLoanSwapsCommercialCustomerMember2022-03-310000750686us-gaap:InterestRateContractMember2022-03-310000750686cac:CustomerLoanSwapDealerBankMember2022-03-310000750686cac:CustomerLoanSwapsCommercialCustomerMember2021-12-310000750686us-gaap:InterestRateContractMember2021-12-310000750686cac:CustomerLoanSwapDealerBankMember2021-12-310000750686srt:MinimumMember2022-03-310000750686srt:SubsidiariesMember2022-03-310000750686srt:SubsidiariesMember2021-12-310000750686cac:InterestExpenseBorrowingsMember2022-01-012022-03-310000750686cac:InterestExpenseBorrowingsMember2021-01-012021-03-310000750686cac:InterestIncomeInterestandFeesonLoansMember2022-01-012022-03-310000750686cac:InterestIncomeInterestandFeesonLoansMember2021-01-012021-03-310000750686us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-12-310000750686us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-12-310000750686us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-12-310000750686us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-01-012022-03-310000750686us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-01-012022-03-310000750686us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-01-012022-03-310000750686us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-03-310000750686us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-03-310000750686us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-03-310000750686us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-12-310000750686us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-12-310000750686us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-12-310000750686us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-01-012021-03-310000750686us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-01-012021-03-310000750686us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-01-012021-03-310000750686us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-03-310000750686us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-03-310000750686us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-03-310000750686cac:ProductsAndServicesDebtCardIncomeMember2022-01-012022-03-310000750686cac:ProductsAndServicesDebtCardIncomeMember2021-01-012021-03-310000750686cac:ProductsAndServicesDepositAccountsServiceChargesMember2022-01-012022-03-310000750686cac:ProductsAndServicesDepositAccountsServiceChargesMember2021-01-012021-03-310000750686cac:ProductsAndServicesFiduciaryServicesIncomeMember2022-01-012022-03-310000750686cac:ProductsAndServicesFiduciaryServicesIncomeMember2021-01-012021-03-310000750686cac:ProductsAndServicesBrokerageandInsuranceCommissionsMember2022-01-012022-03-310000750686cac:ProductsAndServicesBrokerageandInsuranceCommissionsMember2021-01-012021-03-310000750686cac:ProductsAndServicesOtherIncomeMember2022-01-012022-03-310000750686cac:ProductsAndServicesOtherIncomeMember2021-01-012021-03-310000750686us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2022-01-012022-03-310000750686us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2021-01-012021-03-310000750686us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2022-01-012022-03-310000750686us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2021-01-012021-03-310000750686us-gaap:PerformanceSharesMember2022-01-012022-03-310000750686us-gaap:PerformanceSharesMember2021-01-012021-03-310000750686us-gaap:EmployeeStockOptionMember2022-01-012022-03-310000750686us-gaap:EmployeeStockOptionMember2021-01-012021-03-310000750686us-gaap:FairValueMeasurementsRecurringMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMembercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Membercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Membercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Membercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:CorporateBondSecuritiesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CorporateBondSecuritiesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:CorporateBondSecuritiesMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMembercac:CustomerLoanSwapsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Membercac:CustomerLoanSwapsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Membercac:CustomerLoanSwapsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Membercac:CustomerLoanSwapsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateContractMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateContractMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateContractMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateLockCommitmentsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateLockCommitmentsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateLockCommitmentsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateLockCommitmentsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:ForwardContractsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ForwardContractsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:ForwardContractsMember2022-03-310000750686us-gaap:FairValueMeasurementsRecurringMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:USStatesAndPoliticalSubdivisionsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMembercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Membercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Membercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Membercac:CollateralizedMortgageObligationsIssuedByUnitedStatesGovernmentSponsoredEnterprisesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:CorporateBondSecuritiesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CorporateBondSecuritiesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:CorporateBondSecuritiesMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMembercac:CustomerLoanSwapsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Membercac:CustomerLoanSwapsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Membercac:CustomerLoanSwapsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Membercac:CustomerLoanSwapsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateContractMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateContractMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateContractMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateLockCommitmentsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateLockCommitmentsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateLockCommitmentsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateLockCommitmentsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:ForwardContractsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ForwardContractsMember2021-12-310000750686us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:ForwardContractsMember2021-12-310000750686cac:ImpairedLoanscollateraldependentMemberus-gaap:FairValueMeasurementsNonrecurringMember2022-03-310000750686cac:ImpairedLoanscollateraldependentMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2022-03-310000750686us-gaap:FairValueInputsLevel2Membercac:ImpairedLoanscollateraldependentMemberus-gaap:FairValueMeasurementsNonrecurringMember2022-03-310000750686cac:ImpairedLoanscollateraldependentMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2022-03-310000750686us-gaap:ServicingContractsMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:ServicingContractsMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:ServicingContractsMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:ServicingContractsMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercac:ImpairedLoansSpecificallyReservedMember2022-03-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MeasurementInputCostToSellMembercac:ImpairedLoansSpecificallyReservedMemberus-gaap:MarketApproachValuationTechniqueMember2022-03-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercac:ImpairedLoansPartiallyChargedOffMember2022-03-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercac:ImpairedLoansPartiallyChargedOffMemberus-gaap:MeasurementInputCostToSellMemberus-gaap:MarketApproachValuationTechniqueMember2022-03-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercac:ImpairedLoansSpecificallyReservedMember2021-12-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MeasurementInputCostToSellMembercac:ImpairedLoansSpecificallyReservedMemberus-gaap:MarketApproachValuationTechniqueMember2021-12-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMember2022-03-310000750686us-gaap:FairValueInputsLevel1Member2022-03-310000750686us-gaap:FairValueInputsLevel2Member2022-03-310000750686us-gaap:FairValueInputsLevel3Member2022-03-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-03-310000750686us-gaap:CommercialRealEstatePortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-03-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialPortfolioSegmentMember2022-03-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMembercac:SBAPPPPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel1Membercac:SBAPPPPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel2Membercac:SBAPPPPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel3Membercac:SBAPPPPortfolioSegmentMember2022-03-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:ResidentialPortfolioSegmentMember2022-03-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMembercac:HomeEquityPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel1Membercac:HomeEquityPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel2Membercac:HomeEquityPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel3Membercac:HomeEquityPortfolioSegmentMember2022-03-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310000750686us-gaap:FairValueInputsLevel1Member2021-12-310000750686us-gaap:FairValueInputsLevel2Member2021-12-310000750686us-gaap:FairValueInputsLevel3Member2021-12-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-12-310000750686us-gaap:CommercialRealEstatePortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-12-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialPortfolioSegmentMember2021-12-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMembercac:SBAPPPPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel1Membercac:SBAPPPPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel2Membercac:SBAPPPPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel3Membercac:SBAPPPPortfolioSegmentMember2021-12-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:ResidentialPortfolioSegmentMember2021-12-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMembercac:HomeEquityPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel1Membercac:HomeEquityPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel2Membercac:HomeEquityPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel3Membercac:HomeEquityPortfolioSegmentMember2021-12-310000750686us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel1Memberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel2Memberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000750686us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerPortfolioSegmentMember2021-12-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C. 20549
FORM 10-Q
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2022
OR
      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File No.      0-28190
CAMDEN NATIONAL CORPORATION
(Exact name of registrant as specified in its charter)
 
Maine01-0413282
(State or other jurisdiction of(I.R.S. Employer
incorporation or organization)Identification No.)
  
2 ELM STREETCAMDENME04843
(Address of principal executive offices)(Zip Code)
 
Registrant's telephone number, including area code:  (207) 236-8821

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, without par valueCACThe NASDAQ Stock Market LLC
 
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter periods that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
 
Yes x          No ¨
 
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
 
Yes x          No ¨
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
 
Large accelerated filerAccelerated filer
Non-accelerated filerSmaller reporting company
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨



 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
 
Yes          No
 
Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practical date:
Outstanding at April 29, 2022: Common stock (no par value) 14,656,487 shares.



CAMDEN NATIONAL CORPORATION

 FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2022
TABLE OF CONTENTS OF INFORMATION REQUIRED IN REPORT

  PAGE
PART I.  FINANCIAL INFORMATION 
ITEM 1.FINANCIAL STATEMENTS 
 Consolidated Statements of Condition (unaudited) - March 31, 2022 and December 31, 2021
 Consolidated Statements of Income (unaudited) - Three Months Ended March 31, 2022 and 2021
 Consolidated Statements of Comprehensive Income (unaudited) - Three Months Ended March 31, 2022 and 2021
 Consolidated Statements of Changes in Shareholders’ Equity (unaudited) - Three Months Ended March 31, 2022 and 2021
 Consolidated Statements of Cash Flows (unaudited) - Three Months Ended March 31, 2022 and 2021
 Notes to the Unaudited Consolidated Financial Statements
ITEM 2.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
ITEM 3.QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK
ITEM 4.CONTROLS AND PROCEDURES
PART II. OTHER INFORMATION 
ITEM 1.LEGAL PROCEEDINGS
ITEM 1A.RISK FACTORS
ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
ITEM 3.DEFAULTS UPON SENIOR SECURITIES
ITEM 4.MINE SAFETY DISCLOSURES
ITEM 5.OTHER INFORMATION
ITEM 6.EXHIBITS
SIGNATURES
2


PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS
CONSOLIDATED STATEMENTS OF CONDITION
(unaudited)
(In thousands, except number of shares)March 31,
 2022
December 31,
 2021
ASSETS  
Cash and due from banks$53,875 $38,902 
Interest-bearing deposits in other banks (including restricted cash)85,508 181,723 
Total cash, cash equivalents and restricted cash139,383 220,625 
Investments:  
Trading securities4,124 4,428 
Available-for-sale securities, at fair value (amortized cost of $1,516,057 and $1,508,981, respectively)
1,421,809 1,507,486 
Held-to-maturity securities, at amortized cost (fair value of $1,300 and $1,380, respectively)
1,290 1,291 
Other investments10,187 10,280 
Total investments1,437,410 1,523,485 
Loans held for sale, at fair value (book value of $6,818 and $5,786, respectively)
6,705 5,815 
Loans3,534,218 3,431,474 
Less: allowance for credit losses on loans(31,770)(33,256)
Net loans3,502,448 3,398,218 
Goodwill94,697 94,697 
Core deposit intangible assets2,032 2,188 
Bank-owned life insurance 97,816 97,241 
Premises and equipment, net37,226 37,775 
Deferred tax assets36,131 19,210 
Other assets66,567 101,102 
Total assets$5,420,415 $5,500,356 
LIABILITIES AND SHAREHOLDERS’ EQUITY  
Liabilities  
Deposits:  
Non-interest checking$1,200,807 $1,279,565 
Interest checking1,440,390 1,351,736 
Savings and money market1,474,300 1,459,472 
Certificates of deposit299,865 309,648 
Brokered deposits161,302 208,468 
Total deposits4,576,664 4,608,889 
Short-term borrowings237,668 211,608 
Subordinated debentures44,331 44,331 
Accrued interest and other liabilities79,306 94,234 
Total liabilities4,937,969 4,959,062 
Commitments and Contingencies
Shareholders’ Equity  
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 14,746,410 and 14,739,956 shares on March 31, 2022 and December 31, 2021, respectively
123,012 123,111 
Retained earnings435,347 424,412 
Accumulated other comprehensive loss:  
Net unrealized loss on available-for-sale debt securities, net of tax(73,984)(1,173)
Net unrealized gain (loss) on cash flow hedging derivative instruments, net of tax1,166 (1,779)
Net unrecognized loss on postretirement plans, net of tax(3,095)(3,277)
Total accumulated other comprehensive loss(75,913)(6,229)
Total shareholders’ equity482,446 541,294 
Total liabilities and shareholders’ equity$5,420,415 $5,500,356 


The accompanying notes are an integral part of these consolidated financial statements.
3


CONSOLIDATED STATEMENTS OF INCOME
(unaudited)
Three Months Ended
March 31,
(In thousands, except number of shares and per share data)20222021
Interest Income  
Interest and fees on loans$32,035 $30,560 
Taxable interest on investments
5,789 3,829 
Nontaxable interest on investments764 728 
Dividend income106 105 
Other interest income164 166 
Total interest income38,858 35,388 
Interest Expense  
Interest on deposits1,833 2,063 
Interest on borrowings131 156 
Interest on subordinated debentures529 805 
Total interest expense2,493 3,024 
Net interest income36,365 32,364 
Credit for credit losses(1,075)(1,956)
Net interest income after credit for credit losses37,440 34,320 
Non-Interest Income  
Debit card income2,924 2,736 
Service charges on deposit accounts1,833 1,539 
Income from fiduciary services1,631 1,526 
Mortgage banking income, net1,034 7,109 
Brokerage and insurance commissions994 953 
Bank-owned life insurance576 594 
Other income833 758 
Total non-interest income9,825 15,215 
Non-Interest Expense  
Salaries and employee benefits15,506 14,522 
Furniture, equipment and data processing3,132 3,027 
Net occupancy costs2,144 1,951 
Debit card expense1,066 986 
Consulting and professional fees1,007 863 
Regulatory assessments655 503 
Amortization of core deposit intangible assets156 164 
Other real estate owned and collection recoveries, net(85)(191)
Other expenses2,628 3,074 
Total non-interest expense26,209 24,899 
Income before income tax expense21,056 24,636 
Income Tax Expense4,261 4,896 
Net Income$16,795 $19,740 
Per Share Data  
Basic earnings per share$1.14 $1.32 
Diluted earnings per share$1.13 $1.31 
Weighted average number of common shares outstanding14,741,271 14,916,387 
Diluted weighted average number of common shares outstanding14,822,332 14,994,534 
Cash dividends declared per share$0.40 $0.36 







The accompanying notes are an integral part of these consolidated financial statements.  
4


CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(unaudited)
Three Months Ended
March 31,
(In thousands)20222021
Net Income$16,795 $19,740 
Other comprehensive loss: 
Net change in unrealized gain on available-for-sale securities, net of tax(72,811)(17,509)
Net change in unrealized loss on cash flow hedging derivatives, net of tax 2,945 

5,164 
Net change in other comprehensive income for supplemental executive retirement plan and other postretirement benefit plan, net of tax182 170 
Other comprehensive loss(69,684)(12,175)
Comprehensive (Loss) Income$(52,889)$7,565 
 











































The accompanying notes are an integral part of these consolidated financial statements.
5


CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(unaudited)
Three Months Ended
 Common StockRetained
Earnings
Accumulated
Other Comprehensive
Income (Loss)
Total Shareholders’
Equity
(In thousands, except number of shares and per share data)
Shares
Outstanding
Amount
Balance at December 31, 202014,909,097 $131,072 $377,502 $20,740 $529,314 
Net income— — 19,740 — 19,740 
Other comprehensive income, net of tax— — — (12,175)(12,175)
Stock-based compensation expense— 703 — — 703 
Exercise of stock options and issuance of vested share awards, net of repurchase for tax withholdings
19,337 (80)— — (80)
Common stock repurchased  — —  
Cash dividends declared ($0.36 per share)
— — (5,382)— (5,382)
Balance at March 31, 202114,928,434 $131,695 $391,860 $8,565 $532,120 
Balance at December 21, 202114,739,956 $123,111 $424,412 $(6,229)541,294 
Net income— — 16,795 — 16,795 
Other comprehensive income, net of tax— — — (69,684)(69,684)
Stock-based compensation expense— 624 — — 624 
Exercise of stock options and issuance of vested share awards, net of repurchase for tax withholdings
19,540 (114)— — (114)
Common stock repurchased(13,086)(609)— — (609)
Cash dividends declared ($0.40 per share)
— — (5,860)— (5,860)
Balance at March 31, 202214,746,410 $123,012 $435,347 $(75,913)$482,446 







































The accompanying notes are an integral part of these consolidated financial statements.
6


CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)
Three Months Ended
March 31,
(In thousands)20222021
Operating Activities  
Net Income$16,795 $19,740 
Adjustments to reconcile net income to net cash provided by operating activities:  
Originations of mortgage loans held for sale(47,671)(174,370)
Proceeds from the sale of mortgage loans47,771 198,799 
Gain on sale of mortgage loans, net of origination costs(1,132)(6,173)
Credit for credit losses(1,075)(1,956)
Depreciation and amortization expense899 927 
Investment securities amortization and accretion, net1,217 1,971 
Stock-based compensation expense624 703 
Amortization of core deposit intangible assets156 164 
Purchase accounting accretion, net(80)(234)
Net decrease in derivative collateral posted24,070 24,380 
Decrease in other assets998 591 
Increase (decrease) in other liabilities178 (2,484)
Net cash provided by operating activities42,750 62,058 
Investing Activities 
Proceeds from available-for-sale debt securities69,572 94,697 
Purchase of available-for-sale debt securities(77,865)(118,707)
Net increase in loans(102,976)(17,277)
Purchase of Federal Home Loan Bank stock(1,799) 
Proceeds from sale of Federal Home Loan Bank stock1,892 1,329 
Purchase of premises and equipment(393)(320)
Recoveries of previously charged-off loans62 51 
Proceeds from the sale of other real estate owned287 350 
Net cash used in investing activities(111,220)(39,877)
Financing Activities
Net (decrease) increase in deposits(32,225)206,386 
Net proceeds from borrowings less than 90 days26,060 23,969 
Repayments of Federal Home Loan Bank long-term advances (25,000)
Common stock repurchases(542)(11)
Exercise of stock options and issuance of restricted stock, net of repurchase for tax withholdings
(114)(80)
Cash dividends paid on common stock(5,911)(4,934)
Finance lease payments(40)(38)
Net cash (used in) provided by financing activities(12,772)200,292 
Net (decrease) increase in cash, cash equivalents and restricted cash(81,242)222,473 
Cash, cash equivalents, and restricted cash at beginning of period220,625 145,774 
Cash, cash equivalents and restricted cash at end of period$139,383 $368,247 
Supplemental information 
Interest paid$2,470 $3,117 
Income taxes paid150 176 
Unsettled common stock repurchase67  
Transfer from premises to other real estate owned 204 









The accompanying notes are an integral part of these consolidated financial statements.
7


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 – BASIS OF PRESENTATION
 
The accompanying unaudited consolidated interim financial statements were prepared in accordance with instructions for Form 10-Q and, therefore, do not include all disclosures required by accounting principles generally accepted in the United States of America for complete presentation of financial statements. In the opinion of management, the consolidated financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the consolidated statements of condition of Camden National Corporation (the "Company") as of March 31, 2022 and December 31, 2021, the consolidated statements of income for the three months ended March 31, 2022 and 2021, the consolidated statements of comprehensive income for the three months ended March 31, 2022 and 2021, the consolidated statements of changes in shareholders' equity for the three months ended March 31, 2022 and 2021, and the consolidated statements of cash flows for the three months ended March 31, 2022 and 2021. The consolidated financial statements include the accounts of the Company and Camden National Bank (the "Bank"), a wholly-owned subsidiary of the Company (which includes the consolidated accounts of Healthcare Professional Funding Corporation ("HPFC") and Property A, Inc. as of and for the three months ended March 31, 2022 and 2021). All intercompany accounts and transactions have been eliminated in consolidation. Assets held by the Bank in a fiduciary capacity, through Camden National Wealth Management, a division of the Bank, are not assets of the Company and, therefore, are not included in the consolidated statements of condition. The Company also owns 100% of the common stock of Camden Capital Trust A and Union Bankshares Capital Trust I. These entities are unconsolidated subsidiaries of the Company. Certain reclassifications have been made to prior period amounts to conform to the current period presentation. Such reclassifications did not impact net income or shareholders' equity as previously reported. Net income reported for the three months ended March 31, 2022, is not necessarily indicative of the results that may be expected for the full year. The information in this report should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021.

8


The acronyms, abbreviations and definitions identified below are used throughout this Form 10-Q, including Part I. "Financial Information" and Part II. "Management's Discussion and Analysis of Financial Condition and Results of Operations." The following is provided to aid the reader and provide a reference page when reviewing these sections of the Form 10-Q.
AcronymDescriptionAcronymDescription
AFS:Available-for-saleGAAP:Generally accepted accounting principles in the United States
ALCO:Asset/Liability CommitteeGDP:Gross domestic product
ACL:Allowance for credit lossesHPFC:Healthcare Professional Funding Corporation, a wholly-owned subsidiary of Camden National Bank
AOCI:Accumulated other comprehensive income (loss)HTM:Held-to-maturity
ASC:Accounting Standards CodificationIRS:Internal Revenue Service
ASU:Accounting Standards UpdateLGD:Loss given default
Bank:Camden National Bank, a wholly-owned subsidiary of Camden National CorporationLIBOR:London Interbank Offered Rate
BOLI:Bank-owned life insuranceLTIP:Long-Term Performance Share Plan
Board ALCO:Board of Directors' Asset/Liability CommitteeManagement ALCO:Management Asset/Liability Committee
CARES Act:Coronavirus Aid, Relief, and Economic Security Act, signed into law in March 2020 in response to COVID-19MBS:Mortgage-backed security
CCTA:Camden Capital Trust A, an unconsolidated entity formed by Camden National CorporationMSPP:Management Stock Purchase Plan
CDs:Certificate of depositsN/A:Not applicable
CECL:Current Expected Credit LossesN.M.:Not meaningful
Company:Camden National CorporationOCC:Office of the Comptroller of the Currency
CMO:Collateralized mortgage obligationOCI:Other comprehensive income (loss)
CUSIP:Committee on Uniform Securities Identification ProceduresOREO:Other real estate owned
DCRP:Defined Contribution Retirement PlanOTTI:Other-than-temporary impairment
EPS:Earnings per sharePD:Probability of default
FASB:Financial Accounting Standards BoardSBA:U.S. Small Business Administration
FDIC:Federal Deposit Insurance CorporationSBA PPP:U.S. Small Business Administration Paycheck Protection Program
FHLB:Federal Home Loan BankSERP:Supplemental executive retirement plans
FHLBB:Federal Home Loan Bank of BostonSOFR:Secured Overnight Financing Rate
FHLMC:Federal Home Loan Mortgage CorporationTDR:Troubled-debt restructured loan
FNMA:Federal National Mortgage AssociationUBCT:Union Bankshares Capital Trust I, an unconsolidated entity formed by Union Bankshares Company that was subsequently acquired by Camden National Corporation
FRB:Federal Reserve System Board of GovernorsU.S.:United States of America
FRBB:Federal Reserve Bank of Boston

9


NOTE 2 – RECENT ACCOUNTING PRONOUNCEMENTS

The following provides a brief description of recently issued accounting pronouncements that have yet to be adopted by the Company:

ASU No. 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures ("ASU 2022-02"). The FASB issued ASU 2022-02 to provide new guidance on troubled debt restructuring and write offs for entities who have adopted ASU 2016-13. ASU 2022-02 is effective for fiscal years beginning after December 15, 2022, with early adoption permitted. The Company is currently evaluating the effect of ASU 2022-02 on its consolidated financial statements and does not anticipate a material impact upon adoption.

ASU No. 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging- Portfolio Layer Method ("ASU 2022-01"). The FASB issued ASU 2022-01 to amend ASU 2017-12 which was adopted by the Company in 2018. This amendment expands and renames the last-of-layer method the portfolio layer method, expands the scope and provides additional guidance for entities that apply the portfolio layer method of hedge accounting in accordance with Topic 815. The amendment is effective for fiscal years beginning after December 15, 2022. The Company is currently evaluating the amendment and does not anticipate a material impact on its consolidated financial statements upon adoption of this guidance.

NOTE 3 – INVESTMENTS

Trading Securities

Trading securities are reported on the Company's consolidated statements of condition at fair value. As of March 31, 2022 and December 31, 2021, the fair value of the Company's trading securities were $4.1 million and $4.4 million, respectively. These securities are held in a rabbi trust account and invested in mutual funds. The trading securities will be used for future payments associated with the Company's deferred compensation plan for eligible employees and directors.

AFS Debt Securities

AFS debt securities are reported on the Company's consolidated statements of condition at fair value. The following table summarizes the amortized cost, estimated fair value, and unrealized gains (losses) of AFS debt securities, as of the dates indicated:
(In thousands)Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Fair
Value
March 31, 2022    
Obligations of U.S. government-sponsored enterprises$8,585 $ $(915)$7,670 
Obligations of states and political subdivisions113,388 587 (2,019)111,956 
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises1,029,454 435 (69,051)960,838 
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises
341,998 145 (22,252)319,891 
Subordinated corporate bonds
22,632 55 (1,233)21,454 
Total AFS debt securities$1,516,057 $1,222 $(95,470)$1,421,809 
December 31, 2021    
Obligations of U.S. government-sponsored enterprises$8,585 $ $(241)$8,344 
Obligations of states and political subdivisions112,086 5,392  117,478 
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises1,003,869 7,856 (11,468)1,000,257 
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises361,781 2,835 (5,767)358,849 
Subordinated corporate bonds22,660 152 (254)22,558 
Total AFS debt securities$1,508,981 $16,235 $(17,730)$1,507,486 

10


As of March 31, 2022 and December 31, 2021, there was no allowance carried on AFS debt securities.

The net unrealized losses on AFS debt securities reported within AOCI at March 31, 2022, were $74.0 million, net of a deferred tax asset of $20.3 million. The net unrealized losses on AFS debt securities reported within AOCI at December 31, 2021, were $1.2 million, net of a deferred tax asset of $321,000.

For the three months ended March 31, 2022 and 2021, the Company did not sell any AFS debt securities.

The following table presents the Company's AFS debt securities with gross unrealized losses, for which an ACL has not been recorded, segregated by the length of time the securities have been in a continuous loss position, as of the dates indicated:  
 Less Than 12 Months12 Months or MoreTotal
(In thousands, except number of holdings)
Number of
Holdings
Fair
Value
Unrealized
Losses
Fair
Value
Unrealized
Losses
Fair
Value
Unrealized
Losses
March 31, 2022      
Obligations of U.S. government-sponsored enterprises4 $3,033 $(352)$4,637 $(563)$7,670 $(915)
Obligations of states and political subdivisions30 46,149 (2,019)  46,149 (2,019)
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises215 819,454 (58,095)99,504 (10,956)$918,958 (69,051)
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises98 196,036 (10,751)102,752 (11,501)298,788 (22,252)
Subordinated corporate bonds12 19,433 (1,199)966 (34)20,399 (1,233)
Total AFS debt securities359 $1,084,105 $(72,416)$207,859 $(23,054)$1,291,964 $(95,470)
December 31, 2021      
Obligations of U.S. government-sponsored enterprises4 $8,344 $(241)$ $ $8,344 $(241)
Obligations of states and political subdivisions       
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises113 659,851 (8,999)61,978 (2,469)721,829 (