ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR

At a Special Meeting of the Bar Harbor Bankshares Shareholders held on January 7, 2009, the Registrant's Articles of Incorporation were amended to allow the Company to issue preferred stock, filed herewith as Exhibit 3.1.

ITEM 8.01 OTHER EVENTS

Bar Harbor Bankshares issued a press release on January 8, 2009, announcing that at the Special Meeting of the Shareholders held on January 7, 2009, its shareholders voted to amend the Bar Harbor Bankshares Articles of Incorporation to allow the Company to issue preferred stock. This authorization is necessary to enable the Company to receive an investment of approximately $18.75 million under the United States Treasury Capital Purchase Program. A copy of the Company's press release is provided herewith as Exhibit 99.1.

ITEM 9.01 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS.

(d) Exhibits No. Description The following exhibits are being furnished herewith:

3.1 Amended Article FIFTH of the Registrant's Articles of Incorporation

99.1 Copy of Company's press release dated January 8, 2009.