Bryn Mawr Bank Corporation Reports Record Earnings for 2012, Boosts Wealth Assets by 38.4% to $6.4 Billion

Bryn Mawr Bank Corporation Reports Record Earnings for 2012, Boosts Wealth
Assets by 38.4% to $6.4 Billion

BRYN MAWR, Pa., Jan. 24, 2013 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation
(Nasdaq:BMTC), (the "Corporation"), parent of The Bryn Mawr Trust Company (the
"Bank"), today reported net income of $5.3 million and diluted earnings per
share of $0.40 for the three months ended December 31, 2012, as compared to
net income of $5.0 million and diluted earnings per share of $0.38 for the
same period in 2011. Net income for the twelve months ended December 31, 2012
was $21.1 million, or $1.60 per diluted share, as compared to net income of
$19.6 million, or $1.54 per diluted share for the same period in 2011.

Net income for the twelve months ended December 31, 2012 included pre-tax due
diligence and merger-related expenses of $2.6 million as compared to pre-tax
due diligence and merger-related expenses of $537 thousand for the same period
in 2011. Significant factors contributing to the outstanding results for the
twelve months ended December 31, 2012, as compared to 2011, includeda 37.5%
increase in wealth management revenues anda 167.6% increase in the net gain
on sale of residential mortgage loans.

Ted Peters, Chairman and Chief Executive Officer, commented, "Our strategic
transactions this year, which included the acquisition of the Davidson Trust
Company and the acquisition of certain loans and deposits and a branch
location from the First Bank of Delaware, have begun to produce the positive
results we had anticipated. In addition, our mortgage banking division has
continued to produce outstanding results driven by the ongoing
low-interest-rate environment."

On January 24, 2013, the Board of Directors of the Corporation declared a
quarterly dividend of $0.17 per share, an increase of $0.01, or 6.3%, from the
previous quarter's dividend. The dividend is payable March 1, 2013 to
shareholders of record as of February 5, 2013.

Mr. Peters continued, "I am confident in our business model and expect
continued solid results in 2013, as we experience the full-year impact of our
2012 acquisitions."

SIGNIFICANT ITEMS OF NOTE

  oNet income of $5.3 million for the three months ended December 31, 2012
    increased $295 thousand, or 5.9%, from $5.0 million for the same period in
    2011. The Corporation experienced significant increases in revenue for
    wealth management services and gain on sale of residential mortgage loans,
    as well as a substantial decrease in interest expense between the periods.
    
  oTotal assets as of December 31, 2012 were $2.04 billion, as compared to
    $1.77 billion as of December 31, 2011. Total portfolio loans and leases of
    $1.40 billion, as of December 31, 2012, increased $103 million, or 8.0%,
    as compared to $1.30 billion as of December 31, 2011.A significant
    portion of the loan growth was related to the November 17, 2012
    acquisition of loans from the First Bank of Delaware, which totaled $80.2
    million as of December 31, 2012.
    
  oRevenue from the Wealth Management Division for the three months ended
    December 31, 2012 was $8.4 million, an increase of 32.7% from the $6.3
    million generated in the same period in 2011. Wealth Management Division
    assets under management, administration, supervision and brokerage as of
    December 31, 2012 were $6.66 billion, an increase of $1.86 billion, or
    38.4%, from December 31, 2011. The increase was partially due to the May
    15, 2012 acquisition of the Davidson Trust Company, which initially added
    approximately $1.0 billion in assets under management, administration,
    supervision and brokerage. In addition, organic growth related to
    strategic initiatives within the division, along with market appreciation,
    contributed to the growth.
    
  oNet interest income for the three months ended December 31, 2012 was $16.9
    million, an increase of $941 thousand, or 5.9%, from $16.0 million for the
    same period in 2011. The increase in net interest income between the
    periods was related to a 4.6% increase in average portfolio loans, largely
    related to the acquisition of the First Bank of Delaware loans. In
    addition, the Corporation's strategic decision to prepay $22.5 million of
    subordinated debt during the third and fourth quarters of 2012 contributed
    significantly to the $986 thousand decrease in interest expense for the
    three months ended December 31, 2012, as compared to the same period in
    2011.
    
  oNon-interest income for the three months ended December 31, 2012 was $13.2
    million as compared to $9.5 million for the same period in 2011, an
    increase of $3.7 million or 39.1%. The increase in non-interest income was
    attributable to the $2.1 million increase in fees for wealth management
    services mentioned above and a $1.7 million increase on the net gain on
    sale of residential mortgage loans. The volume of residential mortgage
    loans sold, for the three months ended December 31, 2012, increased $49.6
    million, or 224.7%, from the same period in 2011.
    
  oNon-interest expense for the three months ended December 31, 2012
    increased $4.4 million, to $21.1 million, as compared to $16.7 million for
    the same period in 2011. Contributing to this increase were a $1.3 million
    increase in due diligence and merger-related expenses, a $602 thousand
    increase in other operating expenses and a $1.4 million increase in
    salaries and wages between the periods. Salaries and wages increased
    primarily due to the acquisition of the Davidson Trust Company in May 2012
    and the addition of the branch and lending staff from the First Bank of
    Delaware in November 2012, coupled with the increase in incentive-based
    compensation related to residential mortgage loan sales. The increase in
    other operating expenses included $338 thousand in unamortized costs and
    prepayment penalties related to the early extinguishment of subordinated
    debt during the fourth quarter of 2012.
    
  oThe tax-equivalent net interest margin of 3.86% for the three months ended
    December 31, 2012 was a 5 basis point decrease from the 3.91%
    tax-equivalent net interest margin for the same period in 2011. The 5
    basis point decrease was the result of increases in the average balances
    of both interest-earning assets and interest-bearing liabilities which
    were offset by declines in tax-equivalent yield earned, and rate paid,
    respectively, between periods.
    
  oDeposits of $1.63 billion, as of December 31, 2012, increased $252.3
    million from December 31, 2011. The 18.3% increase was the result of a
    $165.7 million increase in money market accounts and a $73.3 million
    increase in non-interest-bearing accounts, partially offset by decreases
    of $20.0 million in wholesale non-maturity deposits and $11.1 million in
    wholesale time deposits between the respective dates. The First Bank of
    Delaware transaction initially added $70.3 million of deposits, of which
    $43.3 million were time deposits.
    
  oNonperforming loans and leases as of December 31, 2012 were 1.06% of total
    portfolio loans and leases, as compared to 1.11% as of December 31, 2011.
    For the three months ended December 31, 2012, the Corporation recorded net
    loan and lease charge-offs of $214 thousand, as compared to net loan and
    lease recoveries of $43 thousand for the same period in 2011. The
    provision for loan and lease losses for the three months ended December
    31, 2012 was $1.0 million, as compared with $1.1 million for the same
    period in 2011.
    
  oThe allowance for loan and lease losses (the "Allowance"), as of December
    31, 2012, of $14.4 million, was 1.03% of portfolio loans and leases, as
    compared to $12.8 million or 0.98% of portfolio loans and leases as of
    December 31, 2011. The $1.7 million increase in the Allowance is primarily
    reflective of the growth of the Corporation's loan portfolio and
    management's analysis of qualitative factors affecting the loan portfolio.
    
  oThe capital ratios for the Bank and the Corporation, as shown in the table
    below, indicate levels well above the regulatory minimum to be considered
    "well capitalized."
    
  oOn December 21, 2012, the Corporation opened its newest branch in Bala
    Cynwyd, Pennsylvania, just outside Philadelphia. In addition, the
    Corporation continues to seek opportunities to expand in the state of
    Delaware in order to complement the recently opened branch location on
    Route 202 in Wilmington, which was acquired from the First Bank of
    Delaware, as well as our Lau Associates and Bryn Mawr Trust of Delaware
    offices located in Greenville, Delaware.

EARNINGS CONFERENCE CALL

The Corporation will hold an earnings conference call at 8:30 a.m. ET on
Friday, January 25, 2013.Interested parties may participate by calling
1-888-317-6016, conference number 10022593.A taped replay of the conference
call will be available one hour after the conclusion of the call and will
remain available through February 11, 2013.The number to call for the taped
replay is 1-877-344-7529 and the Replay Passcode is 10022593.

The conference call will be simultaneously broadcast live over the Internet
through a webcast on the investor relations portion of the Bryn Mawr Bank
Corporation's website. To access the call, please visit the website at
http://www.bmtc.com/investor_01.cfm. An online archive of the webcast will
be available within one hour of the conclusion of the call.The Corporation
has also recently expanded its Investor Relations website to include added
resources and information for shareholders and interested
investors.Interested parties are encouraged to utilize the expanded resources
of the site for more information on Bryn Mawr Bank Corporation.

FORWARD LOOKING STATEMENTS AND SAFE HARBOR

This press release contains statements which, to the extent that they are not
recitations of historical fact may constitute forward-looking statements for
purposes of the Securities Act of 1933, as amended, and the Securities
Exchange Act of 1934, as amended. Such forward-looking statements may include
financial and other projections as well as statements regarding the
Corporation's future plans, objectives, performance, revenues, growth,
profits, operating expenses or the Corporation's underlying assumptions. The
words "may," "would," "should," "could," "will," "likely," "possibly,"
"expect," "anticipate," "intend," "estimate," "target," "potentially,"
"probably," "outlook," "predict," "contemplate," "continue," "plan,"
"forecast," "project," "are optimistic," "are looking," "are looking forward"
and "believe" or other similar words and phrases may identify forward-looking
statements. Persons reading this press release are cautioned that such
statements are only predictions, and that the Corporation's actual future
results or performance may be materially different.

Such forward-looking statements involve known and unknown risks and
uncertainties. A number of factors, many of which are beyond the
Corporation's control, could cause our actual results, events or developments,
or industry results, to be materially different from any future results,
events or developments expressed, implied or anticipated by such
forward-looking statements, and so our business and financial condition and
results of operations could be materially and adversely affected. Such factors
include, among others, our need for capital, our ability to control operating
costs and expenses, and to manage loan and lease delinquency rates; the credit
risks of lending activities and overall quality of the composition of our
loan, lease and securities portfolio; the impact of economic conditions,
consumer and business spending habits, and real estate market conditions on
our business and in our market area; changes in the levels of general interest
rates, deposit interest rates, or net interest margin and funding sources;
changes in banking regulations and policies and the possibility that any
banking agency approvals we might require for certain activities will not be
obtained in a timely manner or at all or will be conditioned in a manner that
would impair our ability to implement our business plans; changes in
accounting policies and practices; the inability of key third-party providers
to perform their obligations to us; our ability to attract and retain key
personnel; competition in our marketplace; war or terrorist activities;
material differences in the actual financial results, cost savings and revenue
enhancements associated with our acquisitions; and other factors as described
in our securities filings.All forward-looking statements and information set
forth herein are based on Management's current beliefs and assumptions as of
the date hereof and speak only as of the date they are made.The Corporation
does not undertake to update forward-looking statements.

For a complete discussion of the assumptions, risks and uncertainties related
to our business, you are encouraged to review our filings with the Securities
and Exchange Commission, including our most recent annual report on Form 10-K,
as well as any changes in risk factors that we may identify in our quarterly
or other reports filed with the SEC.

Bryn Mawr Bank Corporation
Consolidated Statements of Income - (unaudited) **
(Dollars in thousands, except per share data)
                                                              
                                                              
                  For The Three Months Ended
                                                              
                  Dec 31,     Sep 30,     Jun 30,     Mar 31,     Dec 31,
                  2012        2012        2012        2012        2011
                                                              
Interest income    $18,682   $18,081   $18,188   $18,372   $18,727
Interest expense   1,786      2,130      2,285      2,387      2,772
                                                              
                                                              
Net interest       16,896     15,951     15,903     15,985     15,955
income
Provision for loan 1,000      1,000      1,003      1,000      1,056
and lease losses
Net interest
income after       15,896     14,951     14,900     14,985     14,899
provision for loan
and lease losses
                                                              
Fees for wealth
management         8,365      7,993      7,211      6,229      6,306
services
Loan servicing and 473        432        436        435        454
other fees
Service charges on 654        634        609        580        654
deposits
Net gain on sale
of residential     2,424      1,837      1,304      1,170      699
mortgage loans
Net gain on sale
of available for   283        416        716        --         373
sale investments
Net loss on sale
of other real      --         (45)       --         (41)       (38)
estate owned
("OREO")
BOLI income        98         108        105        118        114
Other operating    873        873        1,000      1,096      909
income
Non-interest       13,170     12,248     11,381     9,587      9,471
income
                                                              
Salaries and       8,848      8,703      8,075      7,505      7,404
wages
Employee benefits 2,041      1,903      2,023      2,160      1,889
Occupancy and bank 1,616      1,488      1,395      1,375      1,424
premises
Furniture fixtures 961        935        940        891        938
and equipment
Advertising        363        267        359        320        257
Net impairment
(recovery) of      81         105        87         (110)      114
mortgage servicing
rights
Amortization of
mortgage servicing 248        243        256        219        225
rights
Intangible asset   673        669        560        509        522
amortization
FDIC insurance     255        262        234        219        218
Due diligence and
merger-related     1,190      316        914        209        (79)
expenses
Professional fees  1,031      609        571        657        647
Other operating    3,782      3,389      2,714      2,841      3,180
expenses
Non-interest       21,089     18,889     18,128     16,795     16,739
expense
                                                              
Income before      7,977      8,310      8,153      7,777      7,631
income taxes
Income tax         2,673      2,885      2,808      2,704      2,627
expense
Net income        $5,304    $5,425    $5,345    $5,073    $5,004
                                                              
Per share data:                                                
Weighted average   13,157,295 13,149,050 13,072,963 12,979,746 12,901,266
shares outstanding
Dilutive common    205,545    146,377    158,570    147,502    99,964
shares
Adjusted weighted
average dilutive   13,362,840 13,295,427 13,231,533 13,127,248 13,001,230
shares
                                                              
Basic earnings per $0.40       $0.41       $0.41       $0.39       $0.39
common share
                                                              
Diluted earnings   $0.40       $0.41       $0.40       $0.39       $0.38
per common share
                                                              
Dividend declared  $0.16       $0.16       $0.16       $0.16       $0.15
per share
                                                              
Effective tax rate 33.5%       34.7%       34.4%       34.8%       34.4%

                                                               
Bryn Mawr Bank Corporation
Consolidated Statements of Income - (unaudited) **
(Dollars in thousands, except per share data)
                                                               
                                                  For The Twelve Months Ended
                                                               
                                                               
                                                  Dec 31,       Dec 31,
                                                  2012          2011
                                                               
Interest income                                    $73,323     $74,562
Interest expense                                   8,588        11,661
                                                               
Net interest income                                64,735       62,901
Provision for loan and lease losses                4,003        6,088
Net interest income after provision for loan and   60,732       56,813
lease losses
                                                               
Fees for wealth management services               29,798       21,669
Loan servicing and other fees                      1,776        1,824
Service charges on deposits                        2,477        2,495
Net gain on sale of residential mortgage loans     6,735        2,517
Net gain on sale of available for sale investments 1,415        1,783
BOLI income                                        428          462
Net loss on sale of other real estate owned        (86)         (97)
("OREO")
Other operating income                             3,843        3,406
Non-interest income                                46,386       34,059
                                                               
Salaries and wages                                33,131       28,084
Employee benefits                                 8,127        6,889
Occupancy and bank premises                        5,874        5,176
Furniture fixtures and equipment                   3,727        3,509
Advertising                                        1,309        1,166
Net impairment of mortgage servicing rights        163          786
Amortization of mortgage servicing rights          966          749
Intangible asset amortization                     2,411        1,490
FDIC insurance                                     970          1,186
Due diligence and merger-related expenses          2,629        537
Professional fees                                  2,868        2,311
Other operating expenses                           12,726       9,846
Non-interest expense                               74,901       61,729
                                                               
Income before income taxes                         32,217       29,143
Income tax expense                                 11,070       9,541
Net income                                         $21,147     $19,602
                                                               
Per share data:                                                 
Weighted average shares outstanding                13,090,110   12,659,824
Dilutive common shares                             151,736      82,313
Adjusted weighted average shares                  13,241,846   12,742,137
                                                               
Basic earnings per common share                    $1.62         $1.55
                                                               
Diluted earnings per common share                  $1.60         $1.54
                                                               
Dividend declared per share                        $0.64         $0.60
                                                               
Effective tax rate                                 34.4%         32.7%

                                                                
Bryn Mawr Bank                                                   
Corporation
Consolidated
Balance Sheets -                                                 
(unaudited) **
(Dollars in                                                      
thousands)
                                                                
                                                                
                                                                
                                                                
                Dec 31,      Sep 30,      June 30,     Mar 31,      Dec 31,
                2012         2012         2012         2012         2011
Assets                                                           
                                                                
Interest bearing
deposits with    $159,483   $23,559    $68,324    $55,759    $57,369
banks
Investment
securities -     316,614     316,644     331,407     328,215     273,822
available for
sale
Investment
securities -     1,447       1,399       1,342       1,556       1,436
trading
                                                                
                                                                
Loans held for   3,412       3,420       1,668       5,784       1,588
sale
                                                                
Portfolio loans:                                                 
Consumer         17,666      17,342      15,920      13,644      11,429
Commercial &     291,620     274,351     264,116     270,766     267,204
industrial
Commercial       546,358     472,354     445,254     430,896     419,130
mortgages
Construction     26,908      22,161      33,815      51,274      52,844
Residential      288,212     301,054     304,249     306,911     306,478
mortgages
Home equity      194,861     195,315     202,676     202,015     207,917
lines & loans
Leases           32,831      31,136      30,549      28,974      30,390
Total portfolio  1,398,456   1,313,713   1,296,579   1,304,480   1,295,392
loans and leases
                                                                
Earning assets   1,879,412   1,658,735   1,699,320   1,695,794   1,629,607
                                                                
Cash and due     16,203      13,526      13,147      11,939      11,771
from banks
Allowance for
loan and lease   (14,424)    (13,638)    (13,140)    (13,040)    (12,753)
losses
Premises and     31,170      29,238      28,911      28,680      29,328
equipment
Accrued interest 5,955       5,963       6,009       6,037       6,061
receivable
Mortgage         4,491       4,257       4,220       4,217       4,041
servicing rights
Goodwill         32,897      29,588      29,752      24,689      24,689
Other intangible 21,998      22,351      22,855      17,504      18,014
assets
Bank owned life
insurance        19,862      19,765      19,658      19,552      19,434
("BOLI")
FHLB stock       10,761      10,717      10,746      11,009      11,588
Deferred income  12,303      11,478      11,432      12,991      13,845
taxes
Other            4,346       4,438       4,424       4,095       4,107
investments
Other assets     10,911      18,111      16,021      12,944      13,641
                                                                
Total assets     $2,035,885 $1,814,529 $1,853,355 $1,836,411 $1,773,373
                                                                
Liabilities and
shareholders'                                                    
equity
                                                                
Interest-bearing $270,279   $226,206   $237,126   $235,841   $233,562
checking
Money market     559,470     493,829     468,314     418,503     393,729
Savings          129,091     132,402     133,204     135,912     130,613
Wholesale
non-maturity     45,162      37,458      35,365      66,518      65,173
deposits
Wholesale time   12,421      9,942       22,505      22,062      23,550
deposits
Time deposits    218,586     171,498     193,081     212,003     209,333
Interest-bearing 1,235,009   1,071,335   1,089,595   1,090,839   1,055,960
deposits
                                                                
Non-interest     399,673     327,214     336,972     334,918     326,409
bearing deposits
Total deposits   1,634,682   1,398,549   1,426,567   1,425,757   1,382,369
                                                                
FHLB advances
and other        161,315     155,416     169,589     164,697     147,795
borrowings
Short-term       9,402       19,029      14,675      13,254      12,863
borrowings
Subordinated     --          15,000      22,500      22,500      22,500
debentures
Other            26,921      25,280      23,956      20,538      23,466
liabilities
Shareholders'    203,565     201,255     196,068     189,665     184,380
equity
                                                                
Total
liabilities and  $2,035,885 $1,814,529 $1,853,355 $1,836,411 $1,773,373
shareholders'
equity
                                                                
                                                                
                                                                
Bryn Mawr Bank                                                   
Corporation
Consolidated Quarterly
Average Balance Sheets -                                          
(unaudited)
(Dollars in                                                      
thousands)
                                                                
                2012         2012         2012         2012         2011
                4Q           3Q           2Q           1Q           4Q
Assets                                                           
                                                                
Interest bearing
deposits with    $91,234    $53,767    $57,734    $38,556    $56,679
banks
Investment
securities -     311,372     328,051     321,420     304,215     279,405
available for
sale
Investment
securities -     1,400       1,343       1,546       1,437       1,319
trading
Loans held for   4,047       2,972       3,810       3,935       3,888
sale
Portfolio loans  1,341,826   1,300,811   1,290,209   1,295,617   1,282,916
and leases
Earning assets   1,749,879   1,686,944   1,674,719   1,643,760   1,624,207
                                                                
Cash and due     14,817      12,922      12,259      11,539      11,516
from banks
Allowance for
loan and lease   (14,063)    (13,337)    (13,383)    (13,089)    (12,110)
losses
Premises and     30,189      29,077      28,866      29,095      29,586
equipment
Goodwill         29,642      29,751      26,201      24,688      23,186
Other intangible 22,084      22,580      21,427      17,804      18,319
assets
Bank owned life  19,800      19,695      19,589      19,480      19,359
insurance
FHLB stock       10,572      10,717      10,553      11,223      11,588
Deferred income  11,577      13,225      13,659      13,637      13,972
taxes
Other assets     23,800      21,229      22,651      25,512      24,077
                                                                
Total assets     $1,898,297 $1,832,803 $1,816,541 $1,783,649 $1,763,700
                                                                
Liabilities and
shareholders'                                                    
equity
                                                                
Interest-bearing $241,730   $229,853   $236,131   $227,817   $224,648
checking
Money market     516,174     486,798     436,717     406,972     394,150
Savings          132,725     133,315     133,105     132,451     132,617
Wholesale
non-maturity     38,932      35,956      47,463      65,117      65,127
deposits
Wholesale time   10,689      13,809      22,280      22,354      27,749
deposits
Time deposits    190,332     178,711     203,344     210,973     214,684
Interest-bearing 1,130,582   1,078,442   1,079,040   1,065,684   1,058,975
deposits
                                                                
Non-interest     359,008     330,179     323,539     305,468     304,883
bearing deposits
Total deposits   1,489,590   1,408,621   1,402,579   1,371,152   1,363,858
                                                                
FHLB advances
and other        159,559     167,251     163,908     165,402     140,177
borrowings
Short-term       13,243      13,273      13,149      13,885      15,147
borrowings
Subordinated     7,283       21,114      22,500      22,500      22,500
debentures
Junior
subordinated     --          --          --          --          10,294
debentures
Other            27,175      25,354      23,158      25,259      24,991
liabilities
Shareholders'    201,447     197,190     191,247     185,451     186,733
equity
                                                                
Total
liabilities and  $1,898,297 $1,832,803 $1,816,541 $1,783,649 $1,763,700
shareholders'
equity

                                                        
Bryn Mawr Bank Corporation                               
Consolidated Average Balance Sheets                      
- (unaudited)
(Dollars in thousands)                                   
                                                        
                                                        
                                                        
                                                        
                                    For the Twelve Months Ended December 31,
                                    2012                 2011
Assets                                                   
                                                        
Interest bearing deposits with banks $60,389            $52,390
Investment securities - available    316,283             292,209
for sale
Investment securities - trading      1,431               1,339
Loans held for sale                  3,743               4,196
Portfolio loans and leases           1,307,140           1,245,875
Earning assets                       1,688,986           1,596,009
                                                        
Cash and due from banks              12,890              12,078
Allowance for loan and lease losses  (13,469)            (11,397)
Premises and equipment               29,309              29,439
Goodwill                             27,582              20,961
Intangible assets                    20,981              14,007
Bank owned life insurance            19,642              19,187
FHLB stock                           10,766              12,595
Deferred income taxes                12,147              14,093
Other assets                         24,167              24,714
                                                        
Total assets                         $1,833,001         $1,731,686
                                                        
Liabilities and shareholders' equity                     
                                                        
Interest-bearing checking            $233,893           $226,831
Money market                         461,883             364,094
Savings                              132,899             131,925
Wholesale non-maturity deposits      46,815              67,793
Wholesale time deposits              17,256              30,429
Time deposits                        195,778             232,084
Interest-bearing deposits            1,088,524           1,053,156
                                                        
Non-interest bearing deposits        329,631             287,553
Total deposits                       1,418,155           1,340,709
                                                        
FHLB advances and other borrowings   163,888             145,421
Short-term borrowings                13,525              11,380
Subordinated debentures              18,327              22,500
Junior subordinated debentures       --                  11,580
Other liabilities                    25,242              23,573
Shareholders' equity                 193,864             176,523
                                                        
Total liabilities and shareholders'  $1,833,001         $1,731,686
equity

                                                                                             
Bryn Mawr Bank                                                                                
Corporation
Consolidated
Selected Financial                                                                            
Data - (unaudited)
(Dollars in
thousands, except                                                                             
per share data )
December 31, 2012                                                                             
                                                                                             
                                                                                             
For the period      2012         2012         2012           2012         2011                     
end:
                   4Q           3Q           2Q             1Q           4Q                       
Asset Quality Data                                                                            
                                                                                             
Nonaccrual loans    $14,040    $13,816    $14,929      $22,570    $14,315                
and leases
90days or
more,past due      728         --          3,376         --          --                      
loans, still
accruing
Nonperforming loans 14,768      13,816      18,305        22,570      14,315                  
and leases
Other real estate   906         412         865           404         549                     
owned
Total nonperforming $15,674    $14,228    $19,170      $22,974    $14,864                
assets
                                                                                             
Troubled debt
restructurings      $3,106     $3,740     $4,005       $4,223     $4,300                 
included in
nonperforming
Troubled debt
restructurings in   8,008       8,379       8,302         7,970       7,166                   
compliance with
modified terms
Total troubled debt $11,114    $12,119    $12,307      $12,193    $11,466                
restructurings
                                                                                             
                                                                                             
Nonperforming loans
and leases /        1.06%        1.05%        1.41%          1.73%        1.11%                    
portfolio loans
Nonperforming       0.77%        0.78%        1.03%          1.25%        0.84%                    
assets / assets
                                                                                             
Net loan
charge-offs
(recoveries) /      0.08%        0.16%        0.26%          0.21%        -0.02%                   
average
loans(annualized)
Net lease
(recoveries)
charge-offs/       -0.38%       -0.23%       0.94%          0.67%        0.22%                    
average leases
(annualized)
Net loan and lease
charge-offs
(recoveries)/      0.07%        0.16%        0.28%          0.23%        -0.01%                   
average loans and
leases
(annualized)
                                                                                             
                                                                                             
Delinquency rate -
loans and leases 30 1.02%        1.01%        1.36%          1.52%        1.37%                    
days or more past
due
                                                                                             
Delinquent loans
and leases - 30-89  $2,053     $1,954     $2,722       $5,468     $5,311                 
dayspast due
                                                                                             
Delinquency rate -
loans and leases    0.15%        0.15%        0.21%          0.28%        0.29%                    
30-89 dayspast due
                                                                                             
                                                                                             
                                                                                             
Changes in the
allowance for loan                                                                            
and lease losses:
                                                                                             
Balance, beginning  $13,638    $13,140    $13,040      $12,753    $11,654                
of period
                                                                                             
Charge-offs         (451)       (618)       (960)         (839)       (466)                   
                                                                                             
Recoveries          237         116         57            126         509                     
                                                                                             
Net (charge-offs) / (214)       (502)       (903)         (713)       43                      
recoveries
                                                                                             
Provision for loan  1,000       1,000       1,003         1,000       1,056                   
and lease losses
                                                                                             
Balance, end of     $14,424    $13,638    $13,140      $13,040    $12,753                
period
                                                                                             
Allowance for loan
and lease losses /  1.03%        1.04%        1.01%          1.00%        0.98%                    
loans and leases
Allowance for loan
and lease losses /  97.7%        98.7%        71.8%          57.8%        89.1%                    
nonperforming loans
and leases
                                                                                             
                                                                                             
Bryn Mawr Bank                                                                                
Corporation
Consolidated
Selected Financial                                                                            
Data - (unaudited)
(Dollars in
thousands, except                                                                             
per share data )
December 31, 2012                                                                            
                                                                                             
For the period and  2012         2012         2012           2012         2011                     
period end:
                   4Q           3Q           2Q             1Q           4Q                       
Selected ratios                                                                               
(annualized):
                                                                                             
Return on average   1.11%        1.18%        1.18%          1.14%        1.13%                    
assets
Return on average
shareholders'       10.47%       10.93%       11.24%         11.00%       10.63%                   
equity
Return on average
tangible equity     14.09%       14.89%       14.97%         14.27%       13.67%                   
^(2)
Yield on loans and  5.24%        5.21%        5.31%          5.33%        5.45%                    
leases*
Yield on interest   4.27%        4.28%        4.39%          4.51%        4.59%                    
earning assets*
Cost of interest    0.54%        0.66%        0.72%          0.76%        0.88%                    
bearing funds
Net interest        3.86%        3.78%        3.84%          3.93%        3.91%                    
margin*
Book value per      $15.17     $15.02     $14.73       $14.40     $14.07                 
share
Tangible book value $11.08     $11.14     $10.77       $11.20     $10.78                 
per share
Period end shares   13,414,552  13,399,635  13,316,469    13,168,555  13,106,353              
outstanding
                                                                                             
Selected data:                                                                               
                                                                                             
Mortgage loans      $82,458    $64,455    $51,427      $55,385    $60,467                
originated
                                                                                             
Mortgage loans sold
- servicing         $71,596    $54,992    $41,986      $32,778    $20,883                
retained
Mortgage loans sold
- servicing         --          --          2,238         1,223       1,164                   
released
Total mortgage      $71,596    $54,992    $44,224      $34,001    $22,047                
loans sold
                                                                                             
Yield on loans sold 3.39%        3.34%        2.95%          3.44%        3.17%                    
                                                                                             
Mortgage loans
serviced for        $595,317   $583,859   $575,533     $571,440   $574,422               
others
                                                                                             
                                                                                             
                                                                                             
Total wealth assets
under management /
administration /    $6,663,212 $6,482,835 $6,275,940   $5,152,965 $4,831,631             
supervision /
brokerage ^(1)
                                                                                             
* Yield on loans and leases, interest earning assets and net interest margin are                  
calculated on a tax-equivalent basis.
^(1) Brokerage Assets represent assets held at a registered broker dealer under a                 
networking agreement.
^(2) Average tangible equity equals average shareholders' equity minus average goodwill           
and average otherintangible assets.
                                                                                             
                                                                                             
Bryn Mawr Bank                                                                                
Corporation
Consolidated
Selected Financial                                                                            
Data - (unaudited)
(Dollars in
thousands, except                                                                             
per share data )
December 31, 2012                                                                            
                                                                                             
                                           2012                       2011                     
                                           Year-to-date             Year-to-date           
Selected ratios                                                                               
(annualized):
                                                                                             
Return on average                           1.15%                      1.14%                    
assets
Return on average
shareholders'                               10.91%                     11.08%                   
equity
Return on average
tangible equity                             14.55%                     13.85%                   
^(2)
Yield on loans and                          5.27%                      5.56%                    
leases*
Yield on
interest-earning                            4.36%                      4.69%                    
assets*
Cost of
interest-bearing                            0.67%                      0.94%                    
funds
Net interest                                3.85%                      3.97%                    
margin*
                                                                                             
Selected data:                                                                               
                                                                                             
Mortgage loans                              $253,725                 $168,681               
originated
                                                                                             
Mortgage loans sold
- servicing                                 $201,352                 $75,232                
retained
Mortgage loans sold
- servicing                                 3,461                     6,230                   
released
Total mortgage                              $204,813                 $81,462                
loans sold
                                                                                             
* Yield on loans and leases, interest earning assets and net interest margin are                  
calculated on a tax-equivalent basis.
^(2) Average tangible equity equals average shareholders' equity minus average goodwill           
and average other intangible assets.
                                                                                             
                                                                                             
                                                                                             
                                                                                             
Investment          As of December 31, 2012                              As of December 31, 2011
Portfolio- AFS
($'s in thousands)                                                                            
                                           Net                                                Net
                   Amortized    Fair         Unrealized                 Amortized      Fair       Unrealized
SECURITY            Cost         Value        Gain / (Loss)              Cost           Value      Gain /
DESCRIPTION                                                                                         (Loss)
                                                                                             
Obligations of U.
S. government and   $73,183    $73,872    $689                     $104,252     $104,570 $318
agencies
                                                                                             
State & political   30,243      30,384      141                       8,210         8,366     156
subdivisions
                                                                                             
Mortgage backed     128,537     131,826     3,289                     95,713        97,834    2,121
securities
                                                                                             
Collateralized
mortgage            62,116      62,703      587                       32,418        32,623    205
obligations
                                                                                             
Other debt          1,900       1,900       --                        1,900         1,882     (18)
securities
                                                                                             
Bond - mutual funds 11,456      11,527      71                        12,091        11,904    (187)
                                                                                             
Investment CDs      2,350       2,364       14                        2,411         2,420     9
                                                                                             
Other investments   1,962       2,038       76                        1,454         1,505     51
                                                                                             
Corporate bonds     --          --          --                        12,616        12,718    102
                                                                                             
Total Investment    $311,747   $316,614   $4,867                   $271,065     $273,822 $2,757
Portfolio
                                                                                             
                                                                                             
                                                                                             
Capital Ratios                                                                                
                   Regulatory                                                                 
                    Minimum
Bryn Mawr Trust
Company             To Be                                                                      
Consolidated
                   Well         12/31/2012   9/30/2012      6/30/2012    3/31/2012      12/31/2011 
                    Capitalized
                                                                                             
Tier I Capital to
Risk Weighted       6.00%        11.20%       11.99%         11.75%       12.17%         11.76%     
Assets (RWA)
Total (Tier II)     10.00%       12.20%       14.09%         14.36%       14.78%         14.35%     
Capital to RWA
Tier I Leverage     5.00%        8.84%        9.23%          9.14%        9.56%          9.35%      
Ratio
Tangible Equity                 7.72%        8.85%          8.41%        8.70%          8.66%      
Ratio
                                                                                             
Bryn Mawr Bank                                                                                
Corporation
                                                                                             
Tier I Capital to
Risk Weighted       6.00%        11.03%       11.64%         11.30%       11.52%         11.16%     
Assets (RWA)
Total (Tier II)     10.00%       12.02%       13.74%         13.90%       14.23%         13.74%     
Capital to RWA
Tier I Leverage     5.00%        8.72%        8.98%          8.80%        9.07%          8.89%      
Ratio
Tangible Equity                 7.60%        8.58%          8.07%        8.22%          8.19%      
Ratio
                                                                                             

                                                                                                                                                        
Bryn Mawr Bank Corporation                                                                                                                                                        
Quarterly Average Balances and Tax-Equivalent Income and Expense and Tax-Equivalent Yields - (unaudited)                                                                          
                                                                                                                                                        
                                                                                                                                                        
                   4th Quarter 2012              3rd Quarter 2012              2nd Quarter 2012              1st Quarter 2012              4th Quarter 2011
                                                                                                                                           
                                 Interest  Average              Interest  Average              Interest  Average              Interest  Average              Interest  Average
(dollars in         Average      Income/   Rates   Average      Income/   Rates   Average      Income/   Rates   Average      Income/   Rates   Average      Income/   Rates
thousands)          Balance      Expense   Earned/ Balance      Expense   Earned/ Balance      Expense   Earned/ Balance      Expense   Earned/ Balance      Expense   Earned/
                                           Paid                           Paid                           Paid                           Paid                           Paid
                                                                                                                                                        
Assets:                                                                                                                                                  
Interest-bearing
deposits with other $91,234    $41     0.18%   $53,767    $34     0.25%   $57,734    $30     0.21%   $38,556    $23     0.24%   $56,679    $27     0.19%
banks
Investment
securities                                                                                                                                               
available for sale:
Taxable             286,889      897       1.24%   309,570      960       1.23%   307,371      1,067     1.40%   294,593      1,136     1.55%   272,869      1,055     1.53%
Tax-exempt          24,483       102       1.66%   18,481       82        1.77%   14,049       66        1.89%   9,622        53        2.22%   6,536        31        1.88%
Investment
securities          311,372      999       1.28%   328,051      1,042     1.26%   321,420      1,133     1.42%   304,215      1,189     1.57%   279,405      1,086     1.54%
available for sale
                                                                                                                                                        
Investment
securities-        1,400        16        4.55%   1,343        5         1.48%   1,546        12        3.12%   1,437        4         1.12%   1,319        8         2.41%
trading
                                                                                                                                                        
Loans and leases *  1,345,873    17,721    5.24%   1,303,783    17,089    5.21%   1,294,019    17,094    5.31%   1,299,552    17,234    5.33%   1,286,804    17,672    5.45%
                                                                                                                                                        
Total interest      1,749,879    18,777    4.27%   1,686,944    18,170    4.28%   1,674,719    18,269    4.39%   1,643,760    18,450    4.51%   1,624,207    18,793    4.59%
earning assets
                                                                                                                                                        
Cash and due from   14,817                       12,922                       12,259                       11,539                       11,516                
banks
Less allowance for
loan and lease      (14,063)                     (13,337)                     (13,383)                     (13,089)                     (12,110)              
losses
Other assets       147,664                      146,274                      142,946                      141,439                      140,087               
                                                                                                                                                        
Total assets        $1,898,297                 $1,832,803                 $1,816,541                 $1,783,649                 $1,763,700          
                                                                                                                                                        
Liabilities:                                                                                                                                             
                                                                                                                                                        
Savings, NOW and
market rate         $890,629   $557    0.25%   $849,966   $567    0.27%   $805,953   $586    0.29%   $767,240   $559    0.29%   $751,415   $711    0.38%
deposits
Other wholesale     38,932       38        0.39%   35,956       34        0.38%   47,463       43        0.36%   65,117       53        0.33%   65,127       50        0.30%
deposits
Wholesale deposits  10,689       20        0.74%   13,809       21        0.60%   22,280       24        0.43%   22,354       24        0.43%   27,749       73        1.04%
Time deposits      190,332      290       0.61%   178,711      316       0.70%   203,344      412       0.81%   210,973      490       0.93%   214,684      520       0.96%
Total
interest-bearing    1,130,582    905       0.32%   1,078,442    938       0.35%   1,079,040    1,065     0.40%   1,065,684    1,126     0.42%   1,058,975    1,354     0.51%
deposits
                                                                                                                                                        
Subordinated        7,283        79        4.32%   21,114       271       5.11%   22,500       291       5.20%   22,500       291       5.20%   22,500       287       5.06%
debentures
Junior subordinated --         --      --%   --         --      --%    --         --      --%    --         --      --%    10,294       236       9.10%
debentures
Short-term          13,243       3         0.09%   13,273       4         0.12%   13,149       5         0.15%   13,885       6         0.17%   15,147       6         0.16%
borrowings
FHLB advances and   159,559      798       1.99%   167,251      918       2.18%   163,908      924       2.27%   165,402      964       2.34%   140,177      889       2.52%
other borrowings
Total Borrowings    180,085      880       1.94%   201,638      1,193     2.35%   199,557      1,220     2.46%   201,787      1,261     2.51%   188,118      1,418     2.99%
                                                                                                                                                        
Total
interest-bearing    1,310,667    1,785     0.54%   1,280,080    2,131     0.66%   1,278,597    2,285     0.72%   1,267,471    2,387     0.76%   1,247,093    2,772     0.88%
liabilities
                                                                                                                                                        
Noninterest-bearing 359,008                      330,179                      323,539                      305,468                      304,883               
deposits
Other liabilities   27,175                       25,100                       23,158                       25,259                       24,991                
Total
noninterest-bearing 386,183                      355,279                      346,697                      330,727                      329,874               
liabilities
                                                                                                                                                        
Total liabilities   1,696,850                    1,635,359                    1,625,294                    1,598,198                    1,576,967             
                                                                                                                                                        
Shareholders'       201,447                      197,444                      191,247                      185,451                      186,733               
equity
                                                                                                                                                        
Total liabilities
and shareholders'   $1,898,297                 $1,832,803                 $1,816,541                 $1,783,649                 $1,763,700          
equity
                                                                                                                                                        
Interest income to                       4.27%                        4.28%                        4.39%                        4.51%                        4.59%
earning assets
                                                                                                                                                        
Net interest spread                      3.73%                        3.62%                        3.67%                        3.75%                        3.71%
Effect of
noninterest-bearing                      0.13%                        0.16%                        0.17%                        0.18%                        0.20%
sources
                                                                                                                                                        
Tax-equivalent net
interest income/                $16,992 3.86%               $16,039 3.78%               $15,984 3.84%               $16,063 3.93%               $16,021 3.91%
margin on earning
assets
                                                                                                                                                        
Tax-equivalent                  $96     0.02%               $88     0.02%               $81     0.02%               $78     0.02%               $66     0.02%
adjustment
                                                                                                                                                        
* Average loans and leases include portfolio loans and leases, and loans held for sale. Non-accrual loans are also included in the average loan and leases balances.

                                                                                                          
Bryn Mawr Bank Corporation
Average Balances and Tax-Equivalent Income and Expense and Tax-Equivalent Yields
For the Twelve Months ended December 31,
                                                                                                        
                                                                                                        
                   2012                                             2011
                                                                                                        
                                                             Average
(dollars in         AverageBalance InterestIncome/Expense Rates   AverageBalance InterestIncome/Expense AverageRatesEarned/Paid
thousands)                                                   Earned/
                                                             Paid
                                                                                                        
Assets:                                                                                                  
Interest-bearing
deposits with other $60,389       126                     0.21%   $52,390       $115                   0.22%
banks
Investment
securities                                                                                               
available for sale:
Taxable             299,598        4,064                   1.36%   281,970         4,879                    1.73%
Tax-exempt          16,685         298                     1.79%   10,239          318                      3.11%
                                                                                                        
Investment
securities -        316,283        4,362                   1.38%   292,209         5,197                    1.78%
available for sale
                                                                                                        
Investment
securities -        1,431          37                      2.59%   1,339           32                       2.39%
trading
                                                                                                        
Loans and leases *  1,310,883      69,141                  5.27%   1,250,071       69,554                   5.56%
                                                                                                        
Total interest      1,688,986      73,666                  4.36%   1,596,009       74,898                   4.69%
earning assets
                                                                                                        
Cash and due from   12,890                                        12,078                                  
banks
Less allowance for
loan and lease      (13,469)                                      (11,397)                                
losses
Other assets       144,594                                       134,996                                 
                                                                                                        
Total assets        $1,833,001                                     $1,731,686                              
                                                                                                        
Liabilities:                                                                                             
                                                                                                        
Savings,NOW and
market rate         $828,675        $2,269                 0.27%   $722,850        $2,958                 0.41%
deposits
Other wholesale     46,815         169                     0.36%   67,793         224                     0.33%
deposits
Wholesale deposits  17,256         88                      0.51%   30,429         321                     1.05%
Time deposits       195,778        1,507                   0.77%   232,084         2,285                    0.98%
Total
interest-bearing    1,088,524      4,033                   0.37%   1,053,156       5,788                    0.55%
deposits
                                                                                                        
FHLB advances and   163,888        3,603                   2.20%   145,421         3,677                    2.53%
other borrowings
Short-term          13,525         21                      0.16%   11,380          24                       0.21%
borrowings
Subordinated debt   18,327         931                     5.08%   22,500          1,123                    4.99%
Junior subordinated --             --                      --%    11,580          1,049                    9.06%
debentures
Total Borrowings    195,740        4,555                   2.33%   190,881        5,873                   3.08%
                                                                                                        
Total
interest-bearing    1,284,264      8,588                   0.67%   1,244,037       11,661                   0.94%
liabilities
                                                                                                        
                                                                                                        
Noninterest-bearing 329,631                                       287,553                                 
deposits
Other liabilities  25,242                                        23,573                                  
Total
noninterest-bearing 354,873                                       311,126                                 
liabilities
                                                                                                        
Total liabilities   1,639,137                                     1,555,163                               
                                                                                                        
Shareholders'       193,864                                       176,523                                 
equity
                                                                                                        
Total liabilities
and shareholders'   $1,833,001                                   $1,731,686                              
equity
                                                                                                        
Interest income to                                         4.36%                                          4.70%
earning assets
                                                                                                        
Net interest spread                                        3.69%                                          3.76%
Effect of
noninterest-bearing                                        0.16%                                          0.21%
sources
                                                                                                        
Tax-equivalent net
interest income/                   $65,078                3.85%                  $63,237                3.97%
margin on earning
assets
                                                                                                        
Tax-equivalent                     $343                   0.02%                  $336                   0.02%
adjustment
                                                                                                        
* Average loans and leases include portfolio loans and leases, and loans held for sale. Non-accrual loans are also included in the
average loan and leases balances.

                                                                                                    
** Effect of Correction of an ImmaterialAccounting Error
In September 2012, the Corporation identified and corrected an immaterial accounting error related to two of its
deferred compensation plans, as disclosed in the Corporation's Quarterly Report on Form 10-Q filed with theSecurities
and Exchange Commissionon November 9, 2012.All periods presented in the tables accompanying this earnings release
have been revised to reflect this correction. The following table details the correction:
                                                                                                    
Income Statement Effect                                                          
(dollars in thousands except share data)                                                     
        For The Three Months Ended June 30,  For The Three Months Ended March 31, For The Three Months Ended December
         2012                                 2012                                 31, 2011
                                                                                                    
        Originally   Corrected    Difference Originally   Corrected    Difference Originally   Corrected    Difference
         Reported                             Reported                             Reported
                                                                                                    
Net      $5,261     $5,345     $84      $5,235     $5,074     $(161)   $5,170     $5,004     $(166)
Income
                                                                                                    
Basic
earnings
per      $0.40      $0.41      $0.01    $0.40      $0.39      $(0.01)  $0.40      $0.39      $(0.01)
common
share
                                                                                                    
Diluted
earnings
per      $0.40      $0.40      $--     $0.40      $0.39      $(0.01)  $0.39      $0.39      $--
common
share
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    
        For The Twelve Months Ended December                                                           
         31, 2011
                                                                                                    
        Originally   Corrected    Difference                                                           
         Reported
                                                                                                    
Net      $19,713    $19,602    $(111)                                                             
Income
                                                                                                    
Basic
earnings
per      $1.55      $1.55      $--                                                               
common
share
                                                                                                    
Diluted
earnings
per      $1.54      $1.54      $--                                                               
common
share
                                                                                                    
                                                                                                    
                                                                                                    
Balance Sheet Effect
(dollars in thousands except share data)
        As of June 30, 2012                  As of March 31, 2012                 As of December 31, 2011
                                                                                                    
        Originally   Corrected    Difference Originally   Corrected    Difference Originally   Corrected    Difference
         Reported                             Reported                             Reported
                                                                                                    
Total    $1,854,885 $1,853,355 $(1,530) $1,838,075 $1,836,411 $(1,664) $1,774,907 $1,773,373 $(1,534)
assets
                                                                                                    
Retained $132,837   $132,420   $(417)   $129,702   $129,201   $(501)   $126,582   $126,242   $(340)
earnings
                                                                                                    
Cost of
treasury $29,789    $30,901    $1,112   $29,833    $30,995    $1,162   $29,833    $31,027    $1,194
stock
                                                                                                    
Shares
of       2,905,293   2,988,561   83,268    2,909,542   2,995,681   86,139    2,909,542   2,997,628   88,086
treasury
stock
                                                                                                    
                                                                                                    
                                                                                                    

CONTACT: FOR MORE INFORMATION CONTACT:
         Ted Peters, Chairman
         610-581-4800
         J. Duncan Smith, CFO
         610-526-2466
 
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