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Bar Harbor Bank & Trust Continues Strategic Expansion with Development of Commercial Loan Office in Portland, Maine

October 3, 2018

PORTLAND & BAR HARBOR, Maine--(BUSINESS WIRE)--Oct 3, 2018--Daryl Wentworth and Joe Delano have joined Bar Harbor Bank & Trust’s Commercial Lending team with the opening of a newly created commercial loan office in Portland, Maine. Mr. Wentworth will lead a team of lenders including Mr. Delano who will focus on serving the banking needs of middle market companies and real estate projects throughout Bar Harbor’s footprint in Maine, New Hampshire, and Vermont. Mr. Wentworth and Mr. Delano will be located in our new office in Portland, Maine with the address to be announced in the coming weeks.

“Daryl and Joe are proven lenders who have delivered outstanding results throughout their banking careers. They are passionate about providing superior service and unique solutions to their commercial customers,” said Curtis Simard, President and Chief Executive Officer of Bar Harbor Bank & Trust. “This is part of our continued strategy of targeted expansion while advancing market share to include relationship based ancillary product sales. As a result, Treasury and Derivative sales as well as Wealth Management offerings will be included.” Mr. Simard concluded, “Daryl and Joe have an innate ability to drive results by developing extensive relationships in the market. Bar Harbor Bank & Trust has always served our customers in the southern Maine markets well. With the addition of Daryl and Joe we are now positioned to develop even more business by substantially increasing our visibility in the greater Portland area.”

Mr. Wentworth joins Bar Harbor Bank & Trust with over 25 years of experience in commercial banking. He is responsible for cultivating and managing corporate relationships throughout Maine and the Northeast. Mr. Wentworth’s background includes positions at KeyBank, State Street Bank, and Citizens. Most recently he served as Regional Commercial Banking Manager for NBT Bank in Portland. Mr. Wentworth earned his Bachelor’s Degree in Business Finance from the University of Maine and is very active in the Portland community.

Mr. Delano has worked in commercial banking, small business lending, risk management and credit analysis. He also has extensive experience in real estate lending, from owner occupied relationships to commercial investment properties. Mr. Delano most recently served as a Senior Commercial Relationship Manager for NBT Bank in Portland. Mr. Delano earned his Masters of Business Administration degree from the University of Southern Maine.

Bar Harbor Bankshares (NYSE American: BHB) is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Operating 49 branch locations across Maine, New Hampshire and Vermont, Bar Harbor Bank & Trust is headquartered in Bar Harbor, Maine and has more than $3.5 billion in assets. As a leading Northern New England community bank, Bar Harbor Bank & Trust offers a full range of personal and business banking services, as well as wealth management services through its subsidiaries Bar Harbor Trust Services and Charter Trust Company. For more information about Bar Harbor Bank & Trust, visit www.BarHarbor.bank or call 1-888-853-7100. Member FDIC.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005762/en/

CONTACT: Bar Harbor Bank & Trust

Joseph Schmitt, 207-669-6784

Chief Marketing Officer

jschmitt@barharbor.bank

KEYWORD: UNITED STATES NORTH AMERICA MAINE

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Bar Harbor Bankshares

Copyright Business Wire 2018.

PUB: 10/03/2018 02:00 PM/DISC: 10/03/2018 02:01 PM

http://www.businesswire.com/news/home/20181003005762/en

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