Camden National (CAC) - 2023 Q3 - Quarterly Report

Derivatives Designated as Hedging Instruments - Hedges of Interest Rate Risk Changes in the fair value of the derivatives and changes in the fair value of the hedged item due to changes in the hedged risk are recognized in earnings in the same line item. If a hedge is terminated, but the hedged item was not derecognized, all remaining adjustments to the carrying amount of the hedged item are amortized over a period that is consistent with the amortization of other discounts or premiums associated with the h ...