UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549

 

 FORM 8-K

 

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported) December 20, 2006

 

Bar Harbor Bankshares
(Exact Name of Registrant as Specified in Its Charter)

 

Maine
(State or Other Jurisdiction of Incorporation)

 

 

841105-D                            01-0393663
(Commission File Number) (IRS Employer Identification No.)

 

P.O. Box 400
Main Street, Bar Harbor, ME       04609-0400
(Address of Principal Executive Offices) (Zip Code)

 

(207) 288-3314
(Registrant’s Telephone Number, Including Area Code)

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

_____  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

_____  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

_____  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

_____Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 ITEM 8.01 OTHER EVENTS

On December 20, 2006, Bar Harbor Bankshares (the "Company"), issued a press release announcing its Board of Directors has authorized the continuation of the Company’s existing stock repurchase plan through December 31, 2007. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

             (c) Exhibits.

                        99.1   Press release dated December 20, 2006

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: December 20, 2006

BAR HARBOR BANKSHARES

 /s/ Gerald Shencavitz

Chief Financial Officer