Camden National CAC Deferred Tax Liability, Purchase Accounting

Deferred Tax Liability, Purchase Accounting at other companies

OceanFirst FinancialOCFC

$1.55M-8.5%

Bank of Marin BancorpBMRC

$43K-91.2%

Center BancorpCNOB

$0-100%

First Commonwealth FinancialFCF

$3.23M+17.3%

First Commonwealth FinancialFCF

$3.89M-2.8%

Hope BancorpHOPE

$0-100%

Questions, answered.

What is Camden National's deferred tax liability, purchase accounting?

Camden National (CAC) reported deferred tax liability, purchase accounting of $1.14M in Q4 2024.

What does deferred tax liability, purchase accounting mean?

This represents deferred tax liabilities recognized as a result of purchase accounting adjustments in connection with business acquisitions. It reflects the future tax obligations that will arise as the temporary differences between the book value and tax basis of acquired assets are reversed. This metric is essential for assessing the net tax impact of historical M&A activity on the company's balance sheet.