UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar year or Quarter Ended: June
30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a
restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing This Report:
Name: BTI Financial Group
Address: 82 Main Street, P.O. Box 218
Bar Harbor, ME 04609-0218
13F File Number:
The institutional investment manager filing this report
and the
person by whom it is signed hereby represent that the
person
signing the report is authorized to submit it, that all
information contained herein is true, correct and
complete, and that it is
understood that all required items, statements,
schedules, lists,
and tables, are considered integral parts of this form.
Person signing this report on behalf of Reporting
Manager:
Name: Paul G. Ahern
Title: President
Phone: 207-288-2597
Signature, Place, and Date of Signing:
Paul G. Ahern Bar Harbor, Maine August 9,
2000
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
Bar Harbor Bankshares
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES
EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F
INFORMATION TABLE
<TABLE>
<CAPTION>
VALUE SHARES/
SH/ PUT/ INVSTMT OTHER -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT
PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
GLOBAL CROSSING LTD COM G3921A100 329 12505 SH DEFINED 01
12505
AFLAC INC COM 001055102 1281 27900
SH DEFINED 01 27900
AT&T CORP COM 001957109 790 25035
SH DEFINED 01 25035 375
ABBOTT LABS COM 002824100 864 19418
SH DEFINED 01 19418 100
ADOBE SYS INC COM 00724F101 934 7195
SH DEFINED 01 7010 185
ALLTEL CORP COM 020039103 554 8965
SH DEFINED 01 8765 200
ALTERA CORP COM 021441100 1884 18495 SH
DEFINED 01 18145 350
AMERICA ONLINE INC DEL COM 02364J104 228 4350
SH DEFINED 01 1850 2500
AMERICAN HOME PRODS CORP COM 026609107 301 5153
SH DEFINED 01 5153
AMERICAN INTL GROUP INC COM 026874107 2774 23616
SH DEFINED 01 22008 1608
AMGEN INC COM 031162100 971 13835
SH DEFINED 01 13195 640
ANHEUSER BUSCH COS INC COM 035229103 1000 13405
SH DEFINED 01 13205 200
APPLIED MATLS INC COM 038222105 1019 11250
SH DEFINED 01 10970 280
AUTOMATIC DATA PROCESSING INC COM 053015103 371 6928
SH DEFINED 01 6928
BP AMOCO P L C SPONSORED ADR 055622104 1233 21804
SH DEFINED 01 21804
BANK OF AMERICA CORPORATION COM 060505104 212 4949
SH DEFINED 01 4949
BANK OF NEW YORK CORP COM 064057102 477 10272
SH DEFINED 01 10272
BAR HBR BANKSHARES COM 066849100 6060 397425
SH DEFINED 01 141380 256045
BELL ATLANTIC CORP COM 077853109 1133 22325
SH DEFINED 01 21711 614
BELLSOUTH CORP COM 079860102 947 22244
SH DEFINED 01 22244
BRISTOL MYERS SQUIBB CO COM 110122108 2362 40570
SH DEFINED 01 40370 200
CMP GROUP INC COM 125887109 386 13185
SH DEFINED 01 13165 20
CAMDEN NATL CORP COM 133034108 195 14465
SH DEFINED 01 14465
CHEVRON CORPORATION COM 166751107 245 2900
SH DEFINED 01 2900
CISCO SYS INC COM 17275R102 7148 112479
SH DEFINED 01 107429 5050
CITIGROUP INC COM 172967101 1679 27890
SH DEFINED 01 25815 2075
CLOROX CO DEL COM 189054109 456 10200
SH DEFINED 01 10200
COCA COLA CO COM 191216100 1924 33536
SH DEFINED 01 33536
COLGATE PALMOLIVE CO COM 194162103 304 5100
SH DEFINED 01 5100
COMCAST CORP CL A SPL 200300200 327 8090
SH DEFINED 01 8090
COMMERCE BANCORP INC NJ COM 200519106 207 4500
SH DEFINED 01 4500
DISNEY WALT CO COM 254687106 428 10972
SH DEFINED 01 10972
DU PONT E I DE NEMOURS & CO COM 263534109 356 8170
SH DEFINED 01 8170
DUKE ENERGY CORP COM 264399106 464 8250
SH DEFINED 01 8250
E M C CORP MASS COM 268648102 2817 36630
SH DEFINED 01 35700 930
EDWARDS AG INC COM 281760108 443 11375
SH DEFINED 01 11375
EMERSON ELEC CO COM 291011104 1689 27998
SH DEFINED 01 27698 300
ENRON CORP COM 293561106 255 3965
SH DEFINED 01 3965
EXXON MOBIL CORP COM 30231G102 5953 75849
SH DEFINED 01 75117 732
FNB CORP PA COM 302520101 264 12813
SH DEFINED 01 12813
FEDERAL NATL MTG ASSN COM 313586109 1012 19411
SH DEFINED 01 18411 1000
FIFTH THIRD BANCORP COM 316773100 310 4909
SH DEFINED 01 4909 1000
FIRST UN CORP COM 337358105 240 9690
SH DEFINED 01 9690
FLEETBOSTON FINANCIAL CORP COM 339030108 668 19688
SH DEFINED 01 19688
GTE CORP COM 362320103 336 5413
SH DEFINED 01 5313 100
GAP INC DEL COM 364760108 317 10160
SH DEFINED 01 9460 700
GENERAL ELEC CO COM 369604103 12545 236724
SH DEFINED 01 233534 3190
GENERAL MTRS CORP COM 370442105 204 3536
SH DEFINED 01 3536
GILLETTE CO COM 375766102 799 22890
SH DEFINED 01 22790 100
GUIDANT CORP COM 401698105 255 5172
SH DEFINED 01 4962 210
HANNAFORD BROS CO COM 410550107 419 5841
SH DEFINED 01 5841
HERSHEY FOODS CORP COM 427866108 361 7464
SH DEFINED 01 7264 200
HEWLETT PACKARD CO COM 428236103 506 4055
SH DEFINED 01 4055
HOME DEPOT INC COM 437076102 2759 55267
SH DEFINED 01 49136 6131
INTEL CORP COM 458140100 5702 42665
SH DEFINED 01 42265 400
INTERNATIONAL BUSINESS MACHS COM 459200101 936 8550
SH DEFINED 01 7900 650
JOHNSON & JOHNSON COM 478160104 2581 25339
SH DEFINED 01 25239 100
KIMBERLY CLARK CORP COM 494368103 376 6577
SH DEFINED 01 6577
LILLY ELI & CO COM 532457108 307 3084
SH DEFINED 01 3084
LUCENT TECHNOLOGIES INC COM 549463107 2395 40585
SH DEFINED 01 39135 1450
MARSH & MCLENNAN COS INC COM 571748102 287 2759
SH DEFINED 01 2759
MCDONALDS CORP COM 580135101 436 13270
SH DEFINED 01 13270
MEDTRONIC INC COM 585055106 1250 25142
SH DEFINED 01 24042 1100
MERCK & CO INC COM 589331107 4209 54943
SH DEFINED 01 54434 509
MICROSOFT CORP COM 594918104 5114 63943
SH DEFINED 01 62718 1225
MINNESOTA MNG & MFG CO COM 604059105 213 2591
SH DEFINED 01 2591
MINNESOTA PWR INC COM 604110106 320 18500
SH DEFINED 01 18500
MORGAN J P & CO INC COM 616880100 720 6545
SH DEFINED 01 6420 125
NEXTEL COMMUNICATIONS INC CL A 65332V103 503 8245
SH DEFINED 01 8020 225
NOKIA CORP COM 654902204 1780 35687
SH DEFINED 01 34827 860
ORACLE CORP COM 68389X105 1273 15157
SH DEFINED 01 14717 440
PECO ENERGY CO COM 693304107 229 5684
SH DEFINED 01 5684
PNC FINL SVCS GROUP INC COM 693475105 271 5800
SH DEFINED 01 5800
PPG INDS INC COM 693506107 282 6385
SH DEFINED 01 6385
PEPSICO INC COM 713448108 725 16362
SH DEFINED 01 16262 100
PFIZER INC COM 717081103 4948 103099
SH DEFINED 01 97271 5828
PITNEY BOWES INC COM 724479100 338 8450
SH DEFINED 01 8450
PROCTER & GAMBLE CO COM 742718109 707 12373
SH DEFINED 01 12373
QUAKER OATS CO COM 747402105 1200 16000
SH DEFINED 01 15900 100
RELIANT ENERGY INC COM 75952J108 244 8300
SH DEFINED 01 8300
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 804 13080
SH DEFINED 01 12530 550
SBC COMMUNICATIONS INC COM 78387G103 1664 38500
SH DEFINED 01 38500
SARA LEE CORP COM 803111103 471 8796
SH DEFINED 01 8796
SCHERING PLOUGH CORP COM 806605101 443 8496
SH DEFINED 01 8496
SCHLUMBERGER LTD COM 806857108 282 3780
SH DEFINED 01 3780
SMITHKLINE BEECHAM PLC ADR REP ORD 832378301 752 11550
SH DEFINED 01 11550
STAPLES INC COM 855030102 297 19408
SH DEFINED 01 18973 465
STARBUCKS CORP COM 855244109 297 7800
SH DEFINED 01 4150 3650
STATE STR CORP COM 857477103 1001 9449
SH DEFINED 01 9249 200
SUN MICROSYSTEMS INC COM 866810104 1249 13740
SH DEFINED 01 8540 5200
SUNTRUST BKS INC COM 867914103 455 9991
SH DEFINED 01 9991
TECO ENERGY INC COM 872375100 294 14690
SH DEFINED 01 14690
TELLABS INC COM 879664100 1050 15358
SH DEFINED 01 14848 510
TERADYNE INC COM 880770102 877 11945
SH DEFINED 01 11520 425
TIME WARNER INC COM 887315109 860 11317
SH DEFINED 01 10667 650
U S WEST INC NEW COM 91273H101 482 5635
SH DEFINED 01 5635
VIACOM INC CL B 925524308 437 6417
SH DEFINED 01 6417
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 895 21640
SH DEFINED 01 21090 550
WAL MART STORES INC COM 931142103 2867 49798
SH DEFINED 01 45998 3800
WORLDCOM INC GA NEW COM 98157D106 1183 25820
SH DEFINED 01 24330 1490
</TABLE>
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers 1
Form 13F Information Table Entry Total: 100
Form 13F Information Table Value Total: $126,001
List of other Included Managers:
No. 13F File Number Name
841105-D Bar Harbor Bankshares
<PAGE>
