UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar year or Quarter Ended: March
31, 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 May 12,
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 511 12505 SH DEFINED 01
12505
AFLAC INC COM 001055102 1294 28424
SH DEFINED 01 28424
AT&T CORP COM 001957109 1462 25979
SH DEFINED 01 25769 375
ABBOTT LABS COM 002824100 693 19718
SH DEFINED 01 19618 100
ALLTEL CORP COM 020039103 574 9099
SH DEFINED 01 8899 200
ALTERA CORP COM 021441100 2493 27940 SH
DEFINED 01 27240 700
AMERICA ONLINE INC DEL COM 02364J104 1483 22011
SH DEFINED 01 18811 3200
AMERICAN HOME PRODS CORP COM 026609107 330 6153
SH DEFINED 01 6153
AMERICAN INTL GROUP INC COM 026874107 2557 23362
SH DEFINED 01 21754 1608
AMGEN INC COM 031162100 750 12240
SH DEFINED 01 11690 550
ANHEUSER BUSCH COS INC COM 035229103 952 15305
SH DEFINED 01 15105 200
APPLIED MATLS INC COM 038222105 518 5510
SH DEFINED 01 5230 280
ATLANTIC RICHFIELD CO COM 048825103 757 8914
SH DEFINED 01 8914
AUTOMATIC DATA PROCESSING INC COM 053015103 334 6928
SH DEFINED 01 6928
BP AMOCO P L C SPONSORED ADR 055622104 399 7510
SH DEFINED 01 7510
BANK OF AMERICA CORPORATION COM 060505104 269 5150
SH DEFINED 01 5150
BANK OF NEW YORK CORP COM 064057102 426 10272
SH DEFINED 01 10272
BAR HBR BANKSHARES COM 066849100 4896 369618
SH DEFINED 01 133880 270486
BELL ATLANTIC CORP COM 077853109 1389 22746
SH DEFINED 01 22132 614
BELLSOUTH CORP COM 079860102 1086 23199
SH DEFINED 01 23199
BESTFOODS COM 08658U101 854 18255
SH DEFINED 01 18055 200
BRISTOL MYERS SQUIBB CO COM 110122108 2675 46144
SH DEFINED 01 46144
CMP GROUP INC COM 125887109 383 13185
SH DEFINED 01 13165
CAMDEN NATL CORP COM 133034108 171 14465
SH DEFINED 01 14465
CAMPBELL SOUP CO COM 134429109 340 8800
SH DEFINED 01 12400 800
CATERPILLAR INC DEL COM 149123101 527 11220
SH DEFINED 01 11020 200
CHEVRON CORPORATION COM 166751107 267 2900
SH DEFINED 01 2900
CISCO SYS INC COM 17275R102 8951 115798
SH DEFINED 01 110898 4900
CITIGROUP INC COM 172967101 1745 29160
SH DEFINED 01 27085 2075
CITRIX SYS INC COM 177376100 790 11929
SH DEFINED 01 11729 200
CLOROX CO DEL COM 189054109 322 9800
SH DEFINED 01 9800
COCA COLA CO COM 191216100 1033 22036
SH DEFINED 01 22036
COLGATE PALMOLIVE CO COM 194162103 377 6700
SH DEFINED 01 6700
COMCAST CORP CL A SPL 200300200 600 13865
SH DEFINED 01 13515 350
DELL COMPUTER CORP COM 247025109 332 4490
SH DEFINED 01 4475 15
DISNEY WALT CO COM 254687106 491 11922
SH DEFINED 01 11922
DOVER CORP COM 260003108 224 4700
SH DEFINED 01 4700
DU PONT E I DE NEMOURS & CO COM 263534109 474 8990
SH DEFINED 01 8990
DUKE ENERGY CORP COM 264399106 531 10120
SH DEFINED 01 10120
E M C CORP MASS COM 268648102 2394 19010
SH DEFINED 01 18610 400
EDWARDS AG INC COM 281760108 464 11600
SH DEFINED 01 11600
EMERSON ELEC CO COM 291011104 1412 26608
SH DEFINED 01 26308 300
ENRON CORP COM 293561106 261 3500
SH DEFINED 01 3500
EXXON MOBIL CORP COM 30231G102 6439 82640
SH DEFINED 01 81908 732
FNB CORP PA COM 302520101 228 12460
SH DEFINED 01 12460
FEDERAL NATL MTG ASSN COM 313586109 1114 19711
SH DEFINED 01 18711 1000
FIFTH THIRD BANCORP COM 316773100 309 4909
SH DEFINED 01 4909 1000
FLEETBOSTON FINANCIAL CORP COM 339030108 751 20638
SH DEFINED 01 20638
FORD MTR CO DEL COM 345370100 251 4735
SH DEFINED 01 4735
GTE CORP COM 362320103 483 6814
SH DEFINED 01 6714 100
GAP INC DEL COM 364760108 707 14210
SH DEFINED 01 13510 700
GENERAL ELEC CO COM 369604103 12732 81820
SH DEFINED 01 80820 1000
GENERAL MTRS CORP COM 370442105 292 3536
SH DEFINED 01 3536
GENUINE PARTS CO COM 372460105 210 8827
SH DEFINED 01 8827
GEORGIA PAC CORP COM GA PAC GRP 373298108 310 7658
SH DEFINED 01 7658
GILLETTE CO COM 375766102 999 26555
SH DEFINED 01 26455 100
GUIDANT CORP COM 401698105 215 3657
SH DEFINED 01 3557 100
HANNAFORD BROS CO COM 410550107 509 6916
SH DEFINED 01 6916
HERSHEY FOODS CORP COM 427866108 410 8434
SH DEFINED 01 8234 200
HEWLETT PACKARD CO COM 428236103 551 4155
SH DEFINED 01 4155
HOME DEPOT INC COM 437076102 3512 54462
SH DEFINED 01 48451 6011
INTEL CORP COM 458140100 5586 42345
SH DEFINED 01 41945 400
INTERNATIONAL BUSINESS MACHS COM 459200101 1008 8550
SH DEFINED 01 7900 650
JOHNSON & JOHNSON COM 478160104 1836 26149
SH DEFINED 01 26049 100
KIMBERLY CLARK CORP COM 494368103 463 8271
SH DEFINED 01 8271
LUCENT TECHNOLOGIES INC COM 549463107 2719 44419
SH DEFINED 01 42969 1450
MCI WORLDCOM INC COM 55268B106 1193 26364
SH DEFINED 01 24874 1490
MARSH & MCLENNAN COS INC COM 571748102 304 2759
SH DEFINED 01 2759
MCDONALDS CORP COM 580135101 532 14270
SH DEFINED 01 14270
MEDTRONIC INC COM 585055106 1171 22792
SH DEFINED 01 21692 1100
MERCK & CO INC COM 589331107 3394 54658
SH DEFINED 01 54149 509
MICROSOFT CORP COM 594918104 7383 69503
SH DEFINED 01 68278 1225
MINNESOTA MNG & MFG CO COM 604059105 374 4237
SH DEFINED 01 4237
MINNESOTA PWR INC COM 604110106 307 18500
SH DEFINED 01 18500
NOKIA CORP COM 654902204 1341 6042
SH DEFINED 01 5827 215
MORGAN J P & CO INC COM 616880100 828 6290
SH DEFINED 01 6165 125
NISOURCE INC COM 65473P105 692 38825
SH DEFINED 01 37825 1000
PECO ENERGY CO COM 693304107 209 5684
SH DEFINED 01 5684
ORACLE CORP COM 68389X105 1357 17387
SH DEFINED 01 17037 350
PNC BK CORP COM 693475105 261 5800
SH DEFINED 01 5800
PPG INDS INC COM 693506107 393 7525
SH DEFINED 01 7525
PEPSICO INC COM 713448108 595 17087
SH DEFINED 01 16987 100
PFIZER INC COM 717081103 2090 57196
SH DEFINED 01 53796 3400
PITNEY BOWES INC COM 724479100 473 10650
SH DEFINED 01 10650
PROCTER & GAMBLE CO COM 742718109 833 14768
SH DEFINED 01 14768 875
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 745 12900
SH DEFINED 01 12400 500
SBC COMMUNICATIONS INC COM 78387G103 1794 42617
SH DEFINED 01 42617
SARA LEE CORP COM 803111103 538 29950
SH DEFINED 01 29150 800
SCHERING PLOUGH CORP COM 806605101 315 8496
SH DEFINED 01 8496
SCHLUMBERGER LTD COM 806857108 328 4305
SH DEFINED 01 4305
SMITHKLINE BEECHAM PLC ADR REP ORD 832378301 762 11550
SH DEFINED 01 11550
SPRINT CORP COM FON GROUP 852061100 261 4132
SH DEFINED 01 4132
STANLEY WKS COM 854616109 274 9134
SH DEFINED 01 9134
STAPLES INC COM 855030102 511 25595
SH DEFINED 01 25130 465
STARBUCKS CORP COM 855244109 349 7800
SH DEFINED 01 4150 3650
STATE STR CORP COM 857477103 929 9599
SH DEFINED 01 9399 200
SUN MICROSYSTEMS INC COM 866810104 1418 15140
SH DEFINED 01 9940 5200
SUNTRUST BKS INC COM 867914103 650 11279
SH DEFINED 01 11279
TECO ENERGY INC COM 872375100 333 17190
SH DEFINED 01 17190
TELLABS INC COM 879664100 876 13923
SH DEFINED 01 13523 400
TIME WARNER INC COM 887315109 491 4917
SH DEFINED 01 4267 650
U S WEST INC NEW COM 91273H101 408 5635
SH DEFINED 01 5635
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 706 12723
SH DEFINED 01 12173 550
WAL MART STORES INC COM 931142103 2734 47950
SH DEFINED 01 44250 3700
WALGREEN CO COM 931422109 264 10300
SH DEFINED 01 9900 400
WARNER LAMBERT CO COM 934488107 1591 16295
SH DEFINED 01 15470 825
</TABLE>
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers 1
Form 13F Information Table Entry Total: 106
Form 13F Information Table Value Total: $130,432
List of other Included Managers:
No. 13F File Number Name
841105-D Bar Harbor Bankshares
<PAGE>
