UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar year or Quarter Ended:
September 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 November
3, 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.
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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 412 13300 SH DEFINED 01
13300
AFLAC INC COM 001055102 1787 27900
SH DEFINED 01 27900
AT&T CORP COM 001957109 806 27528
SH DEFINED 01 27528
ABBOTT LABS COM 002824100 994 20918
SH DEFINED 01 20818 100
ADOBE SYS INC COM 00724F101 1767 11387
SH DEFINED 01 10777 610
ALLETE COM 018522102 409 18500 SH
DEFINED 01 18500
ALLTEL CORP COM 020039103 368 7074
SH DEFINED 01 6674 400
ALTERA CORP COM 021441100 2096 43922 SH
DEFINED 01 42122 1800
AMERICA ONLINE INC DEL COM 02364J104 232 4330
SH DEFINED 01 1830 2500
AMERICAN HOME PRODS CORP COM 026609107 246 4353
SH DEFINED 01 4353
AMERICAN INTL GROUP INC COM 026874107 3600 37635
SH DEFINED 01 34424 3211
AMGEN INC COM 031162100 1328 19030
SH DEFINED 01 17690 1340
ANHEUSER BUSCH COS INC COM 035229103 1066 25210
SH DEFINED 01 25210
APPLE COMPUTER INC COM 037833100 250 9720 SH
DEFINED 01 9720
APPLIED MATLS INC COM 038222105 1039 17535
SH DEFINED 01 16505 1030
AUTOMATIC DATA PROCESSING INC COM 053015103 436 6528
SH DEFINED 01 6528
BP AMOCO P L C SPONSORED ADR 055622104 1021 19284
SH DEFINED 01 19284
BANK OF AMERICA CORPORATION COM 060505104 258 4949
SH DEFINED 01 4949
BANK OF NEW YORK INC COM 064057102 575 10272
SH DEFINED 01 10272
BAR HBR BANKSHARES COM 066849100 5296 350326
SH DEFINED 01 135380 214946
BEAR STEARNS COS INC COM 073902108 472 7505
SH DEFINED 01 1905 5600
BELLSOUTH CORP COM 079860102 870 21644
SH DEFINED 01 21644
BRISTOL MYERS SQUIBB CO COM 110122108 2186 38303
SH DEFINED 01 37903 400
CAMDEN NATL CORP COM 133034108 227 14465
SH DEFINED 01 14465
CHASE MANHATTAN CORP NEW COM 16161A108 284 6170 SH
DEFINED 01 5970 200
CISCO SYS INC COM 17275R102 5870 106249
SH DEFINED 01 101099 5150
CITIGROUP INC COM 172967101 2342 43337
SH DEFINED 01 40038 3299
CLOROX CO DEL COM 189054109 379 9600
SH DEFINED 01 9600
COCA COLA CO COM 191216100 1684 30176
SH DEFINED 01 30176
COLGATE PALMOLIVE CO COM 194162103 240 5100
SH DEFINED 01 5100
COMCAST CORP CL A SPL 200300200 330 8090
SH DEFINED 01 8090
COMMERCE BANCORP INC NJ COM 200519106 349 6000
SH DEFINED 01 6000
DISNEY WALT CO COM DISNEY 254687106 369 9667
SH DEFINED 01 9667
DOVER CORP COM 260003108 220 4700 SH
DEFINED 01 4700
DU PONT E I DE NEMOURS & CO COM 263534109 267 6470
SH DEFINED 01 6470
DUKE ENERGY CORP COM 264399106 552 6450
SH DEFINED 01 6450
E M C CORP MASS COM 268648102 3978 40139
SH DEFINED 01 38209 1930
EDWARDS AG INC COM 281760108 558 10675
SH DEFINED 01 10675
EMERSON ELEC CO COM 291011104 2059 30748
SH DEFINED 01 29998 750
ENRON CORP COM 293561106 707 8080
SH DEFINED 01 7555 525
EXXON MOBIL CORP COM 30231G102 6607 74146
SH DEFINED 01 73414 732
FNB CORP PA COM 302520101 273 12813
SH DEFINED 01 12813
FEDERAL NATL MTG ASSN COM 313586109 1282 17954
SH DEFINED 01 16954 1000
FIFTH THIRD BANCORP COM 316773100 1315 24424
SH DEFINED 01 23224 1200
FIRST UN CORP COM 337358105 290 9042
SH DEFINED 01 9042
FLEETBOSTON FINANCIAL CORP COM 339030108 749 19228
SH DEFINED 01 19228 700
GENERAL ELEC CO COM 369604103 13625 236247
SH DEFINED 01 233407 2840
GENERAL MTRS CORP COM 370442105 229 3536
SH DEFINED 01 3536
GILLETTE CO COM 375766102 493 16015
SH DEFINED 01 15915 100
GUIDANT CORP COM 401698105 755 10697
SH DEFINED 01 9987 710
HERSHEY FOODS CORP COM 427866108 349 6464
SH DEFINED 01 6264 200
HEWLETT PACKARD CO COM 428236103 383 3955
SH DEFINED 01 3955
HOME DEPOT INC COM 437076102 2848 53684
SH DEFINED 01 49414 4270
INTEL CORP COM 458140100 3345 80530
SH DEFINED 01 80530 400
INTERNATIONAL BUSINESS MACHS COM 459200101 708 6300
SH DEFINED 01 5650 650
JOHNSON & JOHNSON COM 478160104 2388 25439
SH DEFINED 01 25239 200
KIMBERLY CLARK CORP COM 494368103 366 6577
SH DEFINED 01 6577
LILLY ELI & CO COM 532457108 249 3084
SH DEFINED 01 3084
LUCENT TECHNOLOGIES INC COM 549463107 1006 32942
SH DEFINED 01 32742 200
MARSH & MCLENNAN COS INC COM 571748102 352 2659
SH DEFINED 01 2659
MCDONALDS CORP COM 580135101 306 10170
SH DEFINED 01 10170
MEDTRONIC INC COM 585055106 1086 21000
SH DEFINED 01 20200 800
MELLON FINL CORP COM 58551A108 291 6300 SH
DEFINED 01 6000 300
MERCK & CO INC COM 589331107 4260 57258
SH DEFINED 01 56349 909
MERRILL LYNCH & CO INC COM 590188108 558 8474 SH
DEFINED 01 8074 400
MICROSOFT CORP COM 594918104 3740 62039
SH DEFINED 01 60964 1075
MINNESOTA MNG & MFG CO COM 604059105 220 2416
SH DEFINED 01 2416
MORGAN J P & CO INC COM 616880100 1345 8240
SH DEFINED 01 7990 250
NEXTEL COMMUNICATIONS INC CL A 65332V103 761 16290
SH DEFINED 01 15565 725
NOKIA CORP COM 654902204 1775 44616
SH DEFINED 01 43306 1310
ORACLE CORP COM 68389X105 1590 20197
SH DEFINED 01 19232 965
PECO ENERGY CO COM 693304107 322 5318
SH DEFINED 01 5318
PNC FINL SVCS GROUP INC COM 693475105 377 5800
SH DEFINED 01 5800
PPL CORP COM 69351T106 208 5000 SH
DEFINED 01 5000
PEPSICO INC COM 713448108 637 13887
SH DEFINED 01 13887 100
PFIZER INC COM 717081103 4788 106597
SH DEFINED 01 101731 4866
PITNEY BOWES INC COM 724479100 261 6650
SH DEFINED 01 6650
PROCTER & GAMBLE CO COM 742718109 751 11223
SH DEFINED 01 11223
QUAKER OATS CO COM 747402105 1624 20537
SH DEFINED 01 19837 700
QWEST COMMUNICATIONS INTL INC COM 749121109 494 10305
SH DEFINED 01 10305
RELIANT ENERGY INC COM 75952J108 385 8300
SH DEFINED 01 8300
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 503 8413
SH DEFINED 01 8363 50
SBC COMMUNICATIONS INC COM 78387G103 1897 37950
SH DEFINED 01 37950
SARA LEE CORP COM 803111103 347 17150
SH DEFINED 01 17150
SCHERING PLOUGH CORP COM 806605101 413 8896
SH DEFINED 01 8696 200
SCHLUMBERGER LTD COM 806857108 319 3880
SH DEFINED 01 3780 100
SPRINT CORP PCS COM SER 1 852061506 727 20741 SH
DEFINED 01 19541 1200
SMITHKLINE BEECHAM PLC ADR REP ORD 832378301 792 11550
SH DEFINED 01 11550
STAPLES INC COM 855030102 160 11390
SH DEFINED 01 11375 15
STATE STR CORP COM 857477103 1228 9449
SH DEFINED 01 9249 200
SUN MICROSYSTEMS INC COM 866810104 1335 11440
SH DEFINED 01 7740 3700
SUNTRUST BKS INC COM 867914103 491 9891
SH DEFINED 01 9891
TECO ENERGY INC COM 872375100 320 11190
SH DEFINED 01 11190
TARGET CORP COM 87612E106 1117 43635 SH
DEFINED 01 42205 1430
TELLABS INC COM 879664100 897 18803
SH DEFINED 01 18143 660
TERADYNE INC COM 880770102 784 22415
SH DEFINED 01 21190 1225
TIME WARNER INC COM 887315109 620 7935
SH DEFINED 01 7935 650
VERIZON COMMUNICATIONS COM 92343V104 2786 57557
SH DEFINED 01 55476 2081
VIACOM INC CL B 925524308 336 5750
SH DEFINED 01 5750
WAL MART STORES INC COM 931142103 1273 26488
SH DEFINED 01 23688 2800
</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: $127,665
List of other Included Managers:
No. 13F File Number Name
841105-D Bar Harbor Bankshares
<PAGE>
