Exhibit 99.1

FOR RELEASE: IMMEDIATELY	Frank Leto, President, CEO
FOR MORE INFORMATION CONTACT:	610-581-4730
	Mike Harrington, CFO
	610-526-2466

Bryn Mawr Bank Corporation Reports

$1.3 Billion Linked Quarter Increase in Wealth Assets,

Records $4.5 Million Pre-Tax Charge for Years of Service Incentive Program,

Declares $0.25 Dividend

BRYN MAWR, Pa., April 18, 2019 - Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”) today reported net income of $10.7 million, or $0.53 diluted earnings per share for the three months ended March 31, 2019, as compared to net income of $17.1 million, or $0.84 diluted earnings per share, for the three months ended December 31, 2018, and $15.3 million, or $0.75 diluted earnings per share, for the three months ended March 31, 2018.

On a non-GAAP basis, core net income, which excludes one-time costs associated with our voluntary Years of Service Incentive Program (the “Incentive Program”), income tax charges incurred in connection with the Tax Cuts and Jobs Act ("Tax Reform"), due diligence and merger-related expenses and other non-core income and expense items, as detailed in the appendix to this earnings release, was $14.2 million, or $0.70 diluted earnings per share, for the three months ended March 31, 2019, as compared to $17.2 million, or $0.84 diluted earnings per share, for the three months ended December 31, 2018, and $19.3 million, or $0.94 diluted earnings per share, for the three months ended March 31, 2018. Management believes the core net income measure is important in evaluating the Corporation’s performance on a more comparable basis between periods. A reconciliation of this and other non-GAAP to GAAP performance measures is included in the appendix to this earnings release.

“We are excited with the start of 2019 as we continue to execute upon our long-term strategic goals,” commented Frank Leto, President and Chief Executive Officer, continuing, “Part of our long-term plan is ensuring BMT’s sustainability through proper succession planning. To facilitate the execution of this goal, the Board and executive management team created a one-time, voluntary Years of Service Incentive Program to reward certain long-tenured employees with enhanced benefits while providing BMT with the ability to manage a controlled transition process related to the leadership and knowledge held by individuals who chose to participate. We are proud to have been able to offer this Incentive Program, recognizing that it is our people who have laid the foundation on which we have succeeded for the past 130 years, and it is our people who will enable us to continue to grow and succeed in the future.”

Mr. Leto then continued, “Our first quarter financials remained strong with loan growth of $96 million, or 11% on an annualized basis from year-end, and wealth assets under management approaching $15 billion. Our capital markets team also continues to provide strong fee-based revenue, while credit quality remains strong with the first quarter provision expense primarily impacted by a single credit. With regard to the Incentive Program, we expect to realize long-term savings and recoup the cost of the Incentive Program in approximately three years. I am also pleased to announce that the Board of Directors has authorized a new stock repurchase program under which the Corporation can repurchase up to 1,000,000 shares from time to time at an aggregate purchase price not to exceed $45 million (the "New Repurchase Program"). The New Repurchase Program will become effective upon the completion of the Corporation’s existing 2015 stock repurchase program.”

The Board of Directors of the Corporation declared a quarterly dividend of $0.25 per share, payable June 1, 2019 to shareholders of record as of May 1, 2019.

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SIGNIFICANT ITEMS OF NOTE

Results of Operations – First Quarter 2019 Compared to Fourth Quarter 2018

• Net income for the three months ended March 31, 2019 was $10.7 million, as compared to net income of $17.1 million for the three months ended December 31, 2018. Net interest income for the three months ended March 31, 2019 was $37.6 million, a decrease of $340 thousand over the linked quarter. The provision for loan and lease losses (the “Provision”) for the three months ended March 31, 2019 increased $1.4 million as compared to the fourth quarter of 2018. Total noninterest income increased $1.2 million, total noninterest expense increased $4.9 million, and income tax expense increased $1.0 million for the three months ended March 31, 2019, as compared to the three months ended December 31, 2018. During the first quarter of 2019, the Corporation adopted the Incentive Program which offers certain benefits to eligible employees who meet the Incentive Program requirements and voluntarily exit from service with the Corporation, the Bank or one of their subsidiaries. Noninterest expense for the first quarter of 2019 included a pre-tax, non-recurring, charge of $4.5 million related to the Incentive Program.

On a non-GAAP basis, core net income, which excludes one-time costs associated with the Incentive Program, income tax charges incurred in connection with Tax Reform, due diligence and merger-related expenses and other non-core income and expense items, as detailed in the appendix to this earnings release, was $14.2 million, or $0.70 per diluted share, for the three months ended March 31, 2019, as compared to $17.2 million or $0.84 per diluted share, for the three months ended December 31, 2018. Management believes the core net income measure is important in evaluating the Corporation’s performance on a more comparable basis between periods. A reconciliation of this and other non-GAAP to GAAP performance measures is included in the appendix to this earnings release.

• Net interest income for the three months ended March 31, 2019 was $37.6 million, a decrease of $340 thousand over the linked quarter. Tax-equivalent net interest income for the three months ended March 31, 2019 was $37.8 million, a decrease of $338 thousand over the linked quarter. Tax-equivalent net interest income for the first quarter of 2019 was impacted by the accretion of purchase accounting fair value marks of $2.1 million as compared to $2.7 million for the linked quarter. Excluding the effects of these purchase accounting fair value marks, the adjusted tax-equivalent net interest income for the three months ended March 31, 2019 was $35.6 million, an increase of $213 thousand over the linked quarter. A reconciliation of this and other non-GAAP to GAAP performance measures is included in the appendix to this earnings release. Items contributing to the increase adjusted for purchase accounting included increases of $1.1 million and $388 thousand in tax-equivalent interest and fees earned on loans and leases and interest earned on available for sale investment securities, respectively, partially offset by an increase of $1.3 million in interest paid on deposits for the three months ended March 31, 2019 as compared to the linked quarter ended December 31, 2018.

Tax-equivalent interest and fees earned on loans and leases for the three months ended March 31, 2019 increased $571 thousand over the linked quarter. Average loans and leases for the three months ended March 31, 2019 increased $78.3 million over the linked quarter and experienced a 6 basis point increase in tax-equivalent yield.

Tax-equivalent interest income on available for sale investment securities increased $388 thousand for the first quarter of 2019 as compared to the linked quarter. Average available for sale investment securities increased by $16.2 million over the linked quarter and experienced a 27 basis point tax-equivalent yield increase.

Interest expense on deposits for the three months ended March 31, 2019 increased $1.0 million over the linked quarter. Average interest-bearing deposits increased $71.8 million coupled with a 16 basis point increase in the rate paid on deposits as compared to the linked quarter. The increase in interest on deposits was related to the competitive dynamics in the markets in which we operate and certain promotional interest rates offered during the quarter.

Interest expense on short-term borrowings for the three months ended March 31, 2019 increased $262 thousand over the linked quarter. Average short-term borrowings increased $29.2 million coupled with a 33 basis point increase in the rate paid on short-term borrowings as compared to the linked quarter.

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• The tax-equivalent net interest margin was 3.75% for the three months ended March 31, 2019 as compared to 3.79% for the linked quarter. Adjusting for the impact of the accretion of purchase accounting fair value marks, the adjusted tax-equivalent net interest margin was 3.54% for the three months ended March 31, 2019 as compared to 3.52% for the linked quarter. A reconciliation of this and other non-GAAP to GAAP performance measures is included in the appendix to this earnings release.

• Noninterest income of $19.3 million for the three months ended March 31, 2019 increased $1.2 million as compared to the linked quarter. Contributing to the increase were increases of $1.8 million, $852 thousand, and $213 thousand in other operating income, capital markets revenue, and insurance commissions, respectively, partially offset by decreases of $1.3 million and $625 thousand in net gain on sale of loans and fees for wealth management services, respectively. The $1.8 million increase in other operating income was primarily due to a $1.6 million increase in gains on trading securities over the linked quarter due to market fluctuations affecting the Corporation's executive and director deferred compensation plan assets.

• Noninterest expense of $39.7 million for the three months ended March 31, 2019 increased $4.9 million as compared to $34.8 million for the fourth quarter of 2018. The increase on a linked quarter basis was primarily due to increases of $3.0 million, $1.2 million, and $1.0 million in salaries and wages, employee benefits, and other operating expenses, respectively. The linked quarter increase in salaries and wages and employee benefits was largely driven by the expenses from the Incentive Program.

• The Provision increased $1.3 million for the three months ended March 31, 2019 to $3.7 million, as compared to $2.4 million for the fourth quarter of 2018. During the first quarter of 2019, portfolio loans and leases increased $96.4 million. In addition, net loan and lease charge-offs increased by $926 thousand for the first quarter of 2019, as compared to the previous quarter. The 2.8% increase in loan and lease volume and 57.2% increase in net charge-offs were the primary drivers for the increase in the Provision on a linked-quarter basis. The increase in net charge-offs was primarily a result of the partial charge-off of a single commercial credit. Nonperforming loans and leases as of March 31, 2019 totaled $19.3 million, an increase of $6.5 million from December 31, 2018. The increase in nonperforming loans was largely due to real estate collateralized loans for which management performs an impairment analysis. All nonperforming loans are carried at their net realizable value.

• The effective tax rate for the first quarter of 2019 increased significantly as compared to the fourth quarter of 2018. The increase in the effective tax rate was primarily due to a $2.6 million tax benefit recorded in the fourth quarter of 2018 for certain discrete items included on our 2017 tax return which was filed during the fourth quarter of 2018. The effective tax rate for the year ended December 31, 2018, excluding discrete income tax benefits, was 21.7%.

Results of Operations –First Quarter 2019 Compared to First Quarter 2018

• Net income for the three months ended March 31, 2019 was $10.7 million, or $0.53 diluted earnings per share, as compared to net income of $15.3 million, or diluted earnings per share of $0.75 for the same period in 2018. Contributing to the net income decrease were increases of $3.7 million and $2.7 million in noninterest expense and the Provision, respectively.

On a non-GAAP basis, core net income, which excludes one-time costs associated with the Incentive Program, income tax charges incurred in connection with Tax Reform, due diligence and merger-related expenses and other non-core income and expense items, as detailed in the appendix to this earnings release, was $14.2 million, or $0.70 per diluted share, for the three months ended March 31, 2019 as compared to $19.3 million, or $0.94 per diluted share, for the same period in 2018. Management believes the core net income measure is important in evaluating the Corporation’s performance on a more comparable basis between periods. A reconciliation of this and other non-GAAP to GAAP performance measures is included in the appendix to this earnings release.

• Net interest income for the three months ended March 31, 2019 was $37.6 million, an increase of $208 thousand as compared to the same period in 2018. Tax-equivalent net interest income for the three months ended March 31, 2019 was $37.8 million, an increase of $256 thousand as compared to the same period in

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2018. Tax-equivalent net interest income for the first quarter of 2019 was impacted by the accretion of purchase accounting fair value marks of $2.1 million as compared to $3.0 million for the same period in 2018. Excluding the effects of these purchase accounting fair value marks, the adjusted tax-equivalent net interest income for the three months ended March 31, 2019 was $35.6 million, an increase of $1.1 million as compared to the same period in 2018. A reconciliation of this and other non-GAAP to GAAP performance measures is included in the appendix to this earnings release. Items contributing to the increase adjusted for purchase accounting included increases of $4.8 million and $812 thousand in tax-equivalent interest and fees earned on loans and leases and interest earned on available for sale investment securities, respectively, partially offset by an increase of $4.5 million in interest paid on deposits for the three months ended March 31, 2019 as compared to the same period in 2018.

Tax-equivalent interest and fees on loans and leases increased $4.1 million for the three months ended March 31, 2019 as compared to the same period in 2018. Average loans and leases for the first quarter of 2019 increased $186.5 million from the same period in 2018 and experienced a 21 basis point increase in tax-equivalent yield.

Average available for sale investment securities increased by $34.3 million for the three months ended March 31, 2019 as compared to the same period in 2018 and experienced a 46 basis point tax-equivalent yield increase. The increase in average balances and yield on available for sale investment securities resulted in an $812 thousand increase in tax-equivalent interest income on available for sale investment securities for the first quarter of 2019 as compared to the same period in 2018.

Partially offsetting the effect on net interest income associated with the increase in average loans and leases and available for sale investment securities was a $4.6 million increase in interest expense on deposits for the three months ended March 31, 2019 as compared to the same period in 2018. Average interest-bearing deposits increased by $238.7 million, coupled with a 65 basis point increase in rate paid for the first quarter of 2019 as compared to the same period in 2018.

• The tax-equivalent net interest margin was 3.75% for the three months ended March 31, 2019 as compared to 3.94% for the same period in 2018. Adjusting for the impact of the accretion of purchase accounting fair value marks, the adjusted tax-equivalent net interest margin was 3.54% and 3.62% for three months ended March 31, 2019 and 2018, respectively. A reconciliation of this and other non-GAAP to GAAP performance measures is included in the appendix to this earnings release.

• Noninterest income of $19.3 million for the three months ended March 31, 2019 decreased by $283 thousand as compared to the same period in 2018. Contributing to this decrease were decreases of $1.5 million, $200 thousand, and $199 thousand in other operating income, net gain on sale of other real estate owned, and net gain on sale of loans, respectively. The decrease in other operating income was primarily due to a $2.2 million decrease in recoveries of purchase accounting fair value marks resulting from pay-offs of previously acquired credit-impaired loans for the three months ended March 31, 2019 as compared to the same period in 2018. Partially offsetting the decrease in noninterest income was an increase of $1.6 million in capital markets revenue which was primarily due to increased volume of capital market transactions.

• Noninterest expense of $39.7 million for the three months ended March 31, 2019 increased $3.7 million as compared to the same period in 2018. Contributing to the $3.7 million increase were increases of $4.9 million, $1.2 million, $572 thousand, $491 thousand, and $458 thousand in salaries and wages, other operating expenses, professional fees, furniture, fixtures and equipment expenses, and employee benefits, respectively. The increases in salaries and wages and employee benefits was largely driven by the expenses incurred in connection with the Incentive Program. Partially offsetting these increases in noninterest expense was a decrease of $4.3 million in due diligence, merger-related and merger integration expenses for the three months ended March 31, 2019 as compared to the same period in 2018.

• The Provision increased $2.7 million for the three months ended March 31, 2019 to $3.7 million, as compared to $1.0 million for the same period in 2018. In addition, net loan and lease charge-offs increased by $1.7 million for the first quarter of 2019, as compared to the same period in 2018. This 6.6% increase in loan and lease volume and 185.1% increase in net charge-offs were the primary drivers for the increase in the Provision on a

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year-over-year basis. Nonperforming loans and leases as of March 31, 2019 totaled $19.3 million, an increase of $11.8 million from March 31, 2018. The increase in nonperforming loans was comprised primarily of real estate collateralized loans for which management performs impairment analyses. All nonperforming loans are carried at their net realizable value.

• The effective tax rate for the first quarter of 2019 decreased to 20.57% as compared to 23.25% for the first quarter of 2018. The decrease was primarily due to $590 thousand of discrete tax charges included in tax expense in the first quarter of 2018 related to the re-measurement of net deferred tax assets as a result of Tax Reform, related to revised fair value adjustments associated with the merger with Royal Bancshares of Pennsylvania, Inc. in December 2017.

Financial Condition – March 31, 2019 Compared to December 31, 2018

• Total assets as of March 31, 2019 were $4.63 billion, a decrease of $20.5 million from December 31, 2018. The decrease was primarily due to the decrease in available for sale investment securities discussed in the bullet point below, partially offset by the increase in portfolio loans and leases discussed in the bullet point below, as well as $44.0 million of operating lease right-of-use assets as of March 31, 2019 included on the balance sheet as a result of a recently adopted accounting pronouncement.

• Available for sale investment securities as of March 31, 2019 totaled $560.0 million, a decrease of $177.5 million from December 31, 2018. The decrease was primarily related to the maturing, in January 2019, of $200.0 million short-term U.S. Treasury securities, partially offset by a $33.0 million increase in mortgage-backed securities.

• Total portfolio loans and leases of $3.52 billion as of March 31, 2019 increased by $96.4 million from December 31, 2018, an increase of 2.8%. Increases of $89.3 million, $11.8 million, $10.1 million and $8.0 million in commercial mortgages, leases, commercial and industrial loans and residential mortgages, respectively, were offset by decreases of $21.3 million and $2.6 million in construction loans and home equity loans and lines, respectively.

• The Allowance as of March 31, 2019 was $20.6 million, or 0.59% of portfolio loans and leases, as compared to $19.4 million, or 0.57% of portfolio loans and leases as of December 31, 2018. In addition to the ratio of Allowance to portfolio loans and leases, management also calculates two non-GAAP measures: the Allowance for originated loans and leases as a percentage of originated loans and leases, which was 0.68% as of March 31, 2019, as compared to 0.67% as of December 31, 2018, and the Allowance plus the remaining loan mark as a percentage of gross loans, which was 1.03% as of March 31, 2019, as compared to 1.08% as of December 31, 2017. A reconciliation of these and other non-GAAP to GAAP performance measures is included in the appendix to this earnings release.

• Deposits of $3.64 billion as of March 31, 2019 increased $38.5 million from December 31, 2018. Increases of $98.7 million and $18.5 million in money market and savings accounts, respectively, were partially offset by decreases of $40.9 million, $19.3 million, $11.2 million, and $7.3 million in wholesale deposits, noninterest-bearing demand accounts, retail time deposits and wholesale non-maturity deposits, respectively.

• Borrowings of $299.8 million as of March 31, 2019, which include short-term borrowings, long-term FHLB advances, subordinated notes and junior subordinated debentures, decreased $128.0 million from December 31, 2018, primarily due to decreases in short-term borrowings.

• Wealth assets under management, administration, supervision and brokerage totaled $14.74 billion as of March 31, 2019, an increase of $1.31 billion from December 31, 2018.

• The capital ratios for the Bank and the Corporation, as of March 31, 2019, as shown in the attached tables, indicate levels above the regulatory minimum to be considered “well capitalized.”

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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,” “indicate,” “estimate,” “target,” “potentially,” “promising,” “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 inability to successfully integrate acquired businesses, the possibility that integration may take longer than anticipated or be more costly to complete and that the anticipated benefits, including any anticipated cost savings or strategic gains may be significantly harder to achieve or take longer than anticipated or may not be achieved, 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; litigation; cybersecurity events; 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 updated by our quarterly or other reports subsequently filed with the SEC.

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Bryn Mawr Bank Corporation

Summary Financial Information (unaudited)

(dollars in thousands, except per share data)

	As of or For the Three Months Ended
	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
Consolidated Balance Sheet (selected items)
Interest-bearing deposits with banks	$	29,449		$	34,357		$	35,233		$	39,924		$	24,589
Investment securities	578,629			753,628			545,320			547,088			550,199
Loans held for sale	2,884			1,749			4,111			4,204			5,522
Portfolio loans and leases	3,523,514			3,427,154			3,381,475			3,389,501			3,305,795
Allowance for loan and lease losses ("ALLL")	(20,616		)	(19,426		)	(18,684		)	(19,398		)	(17,662		)
Goodwill and other intangible assets	206,006			207,467			208,165			208,139			207,287
Total assets	4,631,993			4,652,485			4,388,442			4,394,203			4,300,376
Deposits - interest-bearing	2,755,307			2,697,468			2,522,863			2,466,529			2,452,421
Deposits - non-interest-bearing	882,310			901,619			834,363			892,386			863,118
Short-term borrowings	124,214			252,367			226,498			227,059			173,704
Long-term FHLB advances	55,407			55,374			72,841			87,808			107,784
Subordinated notes	98,571			98,526			98,482			98,491			98,448
Jr. subordinated debentures	21,622			21,580			21,538			21,497			21,456
Total liabilities	4,056,886			4,087,781			3,837,017			3,851,700			3,767,315
Total shareholders' equity	575,107			564,704			551,425			542,503			533,061
Average Balance Sheet (selected items)
Interest-bearing deposits with banks	32,742			38,957			37,467			37,215			38,044
Investment securities	569,915			554,265			546,998			549,249			535,471
Loans held for sale	1,214			2,005			4,932			4,413			2,848
Portfolio loans and leases	3,476,525			3,397,479			3,374,767			3,348,926			3,288,364
Total interest-earning assets	4,080,396			3,992,706			3,964,164			3,939,803			3,864,727
Goodwill and intangible assets	206,716			207,893			207,880			208,039			205,529
Total assets	4,545,129			4,413,000			4,376,148			4,344,541			4,246,180
Deposits - interest-bearing	2,674,194			2,602,412			2,493,213			2,489,296			2,435,491
Short-term borrowings	157,652			128,429			208,201			205,323			172,534
Long-term FHLB advances	55,385			67,363			81,460			102,023			123,920
Subordinated notes	98,542			98,497			98,457			98,463			98,430
Jr. subordinated debentures	21,595			21,553			21,511			21,470			21,430
Total interest-bearing liabilities	3,007,368			2,918,254			2,902,842			2,916,575			2,851,805
Total liabilities	3,973,043			3,856,694			3,828,241			3,810,640			3,719,746
Total shareholders' equity	572,086			556,306			547,907			533,901			526,434

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Bryn Mawr Bank Corporation

Summary Financial Information (unaudited)

(dollars in thousands, except per share data)

	As of or For the Three Months Ended
	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
Income Statement
Net interest income	$	37,647		$	37,987		$	36,729		$	37,316		$	37,439
Provision for loan and lease losses	3,736			2,362			664			3,137			1,030
Noninterest income	19,253			18,097			18,274			20,075			19,536
Noninterest expense	39,724			34,845			33,592			35,836			36,030
Income tax expense	2,764			1,746			4,066			3,723			4,630
Net income	10,676			17,131			16,681			14,695			15,285
Net (loss) income attributable to noncontrolling interest	(1		)	(5		)	(1		)	7			(1		)
Net income attributable to Bryn Mawr Bank Corporation	10,677			17,136			16,682			14,688			15,286
Basic earnings per share	0.53			0.85			0.82			0.73			0.76
Diluted earnings per share	0.53			0.84			0.82			0.72			0.75
Net income (core) (1)	14,230			17,167			17,140			17,031			19,282
Basic earnings per share (core) (1)	0.71			0.85			0.85			0.84			0.95
Diluted earnings per share (core) (1)	0.70			0.84			0.84			0.83			0.94
Dividends paid or accrued per share	0.25			0.25			0.25			0.22			0.22
Profitability Indicators
Return on average assets	0.95		%	1.54		%	1.51		%	1.36		%	1.46		%
Return on average equity	7.57		%	12.22		%	12.08		%	11.03		%	11.78		%
Return on tangible equity(1)	12.65		%	20.37		%	20.25		%	18.90		%	20.15		%
Return on tangible equity (core)(1)	16.59		%	20.40		%	20.78		%	21.78		%	25.19		%
Return on average assets (core)(1)	1.27		%	1.54		%	1.55		%	1.57		%	1.84		%
Return on average equity (core)(1)	10.09		%	12.24		%	12.41		%	12.79		%	14.85		%
Tax-equivalent net interest margin	3.75		%	3.79		%	3.69		%	3.81		%	3.94		%
Efficiency ratio(1)	60.26		%	60.35		%	58.75		%	55.57		%	54.12		%
Share Data
Closing share price	$	36.13		$	34.40		$	46.90		$	46.30		$	43.95
Book value per common share	$	28.52		$	28.01		$	27.18		$	26.80		$	26.35
Tangible book value per common share	$	18.34		$	17.75		$	16.95		$	16.55		$	16.14
Price / book value	126.68		%	122.81		%	172.55		%	172.76		%	166.79		%
Price / tangible book value	197.00		%	193.80		%	276.70		%	279.74		%	272.35		%
Weighted average diluted shares outstanding	20,271,661			20,321,283			20,438,376			20,413,578			20,450,494
Shares outstanding, end of period	20,167,729			20,163,816			20,291,416			20,242,893			20,229,896
Wealth Management Information:
Wealth assets under mgmt, administration, supervision and brokerage (2)	$	14,736,512		$	13,429,544		$	13,913,265		$	13,404,723		$	13,146,926
Fees for wealth management services	$	10,392		$	11,017		$	10,343		$	10,658		$	10,308

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Bryn Mawr Bank Corporation

Summary Financial Information (unaudited)

(dollars in thousands, except per share data)

	As of or For the Three Months Ended
	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
Capital Ratios(3)
Bryn Mawr Trust Company ("BMTC")
Tier I capital to risk weighted assets ("RWA")	11.30		%	11.42		%	11.55		%	11.34		%	11.29		%
Total capital to RWA	11.87		%	11.99		%	12.10		%	11.91		%	11.82		%
Tier I leverage ratio	9.48		%	9.48		%	9.47		%	9.49		%	9.39		%
Tangible equity ratio (1)	9.34		%	8.95		%	9.29		%	9.27		%	9.19		%
Common equity Tier I capital to RWA	11.30		%	11.42		%	11.55		%	11.34		%	11.29		%
Bryn Mawr Bank Corporation ("BMBC")
Tier I capital to RWA	10.72		%	10.92		%	10.90		%	10.46		%	10.46		%
Total capital to RWA	14.00		%	14.30		%	14.33		%	13.87		%	13.93		%
Tier I leverage ratio	8.99		%	9.06		%	8.94		%	8.75		%	8.71		%
Tangible equity ratio (1)	8.35		%	8.05		%	8.23		%	8.00		%	7.98		%
Common equity Tier I capital to RWA	10.14		%	10.32		%	10.29		%	9.86		%	9.85		%
Asset Quality Indicators
Net loan and lease charge-offs ("NCO"s)	$	2,546		$	1,620		$	1,378		$	1,401		$	893
Nonperforming loans and leases ("NPL"s)	$	19,283		$	12,820		$	8,990		$	9,448		$	7,533
Other real estate owned ("OREO")	84			417			529			531			300
Total nonperforming assets ("NPA"s)	$	19,367		$	13,237		$	9,519		$	9,979		$	7,833
Nonperforming loans and leases 30 or more days past due	$	8,489		$	7,765		$	4,906		$	6,749		$	5,775
Performing loans and leases 30 to 89 days past due	6,432			5,464			9,145			10,378			6,547
Performing loans and leases 90 or more days past due	—			—			—			—			—
Total delinquent loans and leases	$	14,921		$	13,229		$	14,051		$	17,127		$	12,322
Delinquent loans and leases to total loans and leases	0.42		%	0.39		%	0.42		%	0.50		%	0.37		%
Delinquent performing loans and leases to total loans and leases	0.18		%	0.16		%	0.27		%	0.31		%	0.20		%
NCOs / average loans and leases (annualized)	0.30		%	0.19		%	0.16		%	0.17		%	0.11		%
NPLs / total portfolio loans and leases	0.55		%	0.37		%	0.27		%	0.28		%	0.23		%
NPAs / total loans and leases and OREO	0.55		%	0.39		%	0.28		%	0.29		%	0.24		%
NPAs / total assets	0.42		%	0.28		%	0.22		%	0.23		%	0.18		%
ALLL / NPLs	106.91		%	151.53		%	207.83		%	205.31		%	234.46		%
ALLL / portfolio loans	0.59		%	0.57		%	0.55		%	0.57		%	0.53		%
ALLL for originated loans and leases / Originated loans and leases (1)	0.68		%	0.67		%	0.68		%	0.71		%	0.69		%
(Total ALLL + Loan mark) / Total Gross portfolio loans and leases (1)	1.03		%	1.08		%	1.28		%	1.35		%	1.50		%
Troubled debt restructurings ("TDR"s) included in NPLs	$	4,057		$	1,217		$	1,208		$	1,044		$	1,125
TDRs in compliance with modified terms	5,149			9,745			4,316			4,117			5,235
Total TDRs	$	9,206		$	10,962		$	5,524		$	5,161		$	6,360

(1) Non-GAAP measure - see Appendix for Non-GAAP to GAAP reconciliation.

(2) Brokerage assets represent assets held at a registered broker dealer under a clearing agreement.

(3) Capital Ratios for the current quarter are to be considered preliminary until the Call Reports are filed.

9

Bryn Mawr Bank Corporation

Detailed Balance Sheets (unaudited)

(dollars in thousands)

	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
Assets
Cash and due from banks	$	13,656		$	14,099		$	10,121		$	7,318		$	7,804
Interest-bearing deposits with banks	29,449			34,357			35,233			39,924			24,589
Cash and cash equivalents	43,105			48,456			45,354			47,242			32,393
Investment securities, available for sale	559,983			737,442			528,064			531,075			534,103
Investment securities, held to maturity	10,457			8,684			8,916			7,838			7,885
Investment securities, trading	8,189			7,502			8,340			8,175			8,211
Loans held for sale	2,884			1,749			4,111			4,204			5,522
Portfolio loans and leases, originated	3,032,270			2,885,251			2,752,160			2,700,815			2,564,827
Portfolio loans and leases, acquired	491,244			541,903			629,315			688,686			740,968
Total portfolio loans and leases	3,523,514			3,427,154			3,381,475			3,389,501			3,305,795
Less: Allowance for losses on originated loan and leases	(20,519		)	(19,329		)	(18,612		)	(19,181		)	(17,570		)
Less: Allowance for losses on acquired loan and leases	(97		)	(97		)	(72		)	(217		)	(92		)
Total allowance for loan and lease losses	(20,616		)	(19,426		)	(18,684		)	(19,398		)	(17,662		)
Net portfolio loans and leases	3,502,898			3,407,728			3,362,791			3,370,103			3,288,133
Premises and equipment	67,279			65,648			63,281			54,185			54,986
Operating lease right-of-use assets	43,985			—			—			—			—
Accrued interest receivable	13,123			12,585			13,232			13,115			12,521
Mortgage servicing rights	4,910			5,047			5,328			5,511			5,706
Bank owned life insurance	58,138			57,844			57,543			57,243			56,946
Federal Home Loan Bank ("FHLB") stock	10,526			14,530			14,678			16,678			15,499
Goodwill	184,012			184,012			183,864			183,162			182,200
Intangible assets	21,994			23,455			24,301			24,977			25,087
Other investments	16,526			16,526			16,529			16,774			11,720
Other assets	83,984			61,277			52,110			53,921			59,464
Total assets	$	4,631,993		$	4,652,485		$	4,388,442		$	4,394,203		$	4,300,376
Liabilities
Deposits
Noninterest-bearing	$	882,310		$	901,619		$	834,363		$	892,386		$	863,118
Interest-bearing	2,755,307			2,697,468			2,522,863			2,466,529			2,452,421
Total deposits	3,637,617			3,599,087			3,357,226			3,358,915			3,315,539
Short-term borrowings	124,214			252,367			226,498			227,059			173,704
Long-term FHLB advances	55,407			55,374			72,841			87,808			107,784
Subordinated notes	98,571			98,526			98,482			98,491			98,448
Jr. subordinated debentures	21,622			21,580			21,538			21,497			21,456
Operating lease liabilities	48,224			—			—			—			—
Accrued interest payable	8,674			6,652			7,193			5,230			4,814
Other liabilities	62,557			54,195			53,239			52,700			45,570
Total liabilities	4,056,886			4,087,781			3,837,017			3,851,700			3,767,315
Shareholders' equity
Common stock	24,577			24,545			24,533			24,453			24,439
Paid-in capital in excess of par value	375,655			374,010			373,205			372,227			371,319
Less: common stock held in treasury, at cost	(76,974		)	(75,883		)	(70,437		)	(68,943		)	(68,787		)
Accumulated other comprehensive (loss) income, net of tax	(3,278		)	(7,513		)	(13,402		)	(11,191		)	(9,664		)
Retained earnings	255,813			250,230			238,204			226,634			216,438
Total Bryn Mawr Bank Corporation shareholders' equity	575,793			565,389			552,103			543,180			533,745
Noncontrolling interest	(686		)	(685		)	(678		)	(677		)	(684		)
Total shareholders' equity	575,107			564,704			551,425			542,503			533,061
Total liabilities and shareholders' equity	$	4,631,993		$	4,652,485		$	4,388,442		$	4,394,203		$	4,300,376

10

Bryn Mawr Bank Corporation

Supplemental Balance Sheet Information (unaudited)

(dollars in thousands)

	Portfolio Loans and Leases as of
	March 31, 2019		December 31, 2018		September 30, 2018		June 30, 2018		March 31, 2018
Commercial mortgages	$	1,746,695	$	1,657,436	$	1,618,493	$	1,613,721	$	1,541,457
Home equity loans and lines	204,791		207,351		207,806		206,429		211,469
Residential mortgages	502,379		494,355		467,402		449,060		453,655
Construction	159,761		181,078		178,493		190,874		202,168
Total real estate loans	2,613,626		2,540,220		2,472,194		2,460,084		2,408,749
Commercial & Industrial	705,701		695,584		722,999		745,306		727,231
Consumer	47,821		46,814		47,809		51,462		48,423
Leases	156,366		144,536		138,473		132,649		121,392
Total non-real estate loans and leases	909,888		886,934		909,281		929,417		897,046
Total portfolio loans and leases	$	3,523,514	$	3,427,154	$	3,381,475	$	3,389,501	$	3,305,795

	Nonperforming Loans and Leases as of
	March 31, 2019		December 31, 2018		September 30, 2018		June 30, 2018		March 31, 2018
Commercial mortgages	$	5,558	$	2,568	$	735	$	1,011	$	138
Home equity loans and lines	6,904		3,616		1,933		2,323		1,949
Residential mortgages	2,863		3,452		2,770		2,647		2,603
Construction	—		—		291		—		—
Total nonperforming real estate loans	15,325		9,636		5,729		5,980		4,690
Commercial & Industrial	2,965		2,101		1,782		1,585		2,499
Consumer	80		108		117		—		—
Leases	913		975		1,362		1,882		344
Total nonperforming non-real estate loans and leases	3,958		3,184		3,261		3,468		2,843
Total nonperforming portfolio loans and leases	$	19,283	$	12,820	$	8,990	$	9,448	$	7,533

	Net Loan and Lease Charge-Offs (Recoveries) for the Three Months Ended
	March 31, 2019			December 31, 2018		September 30, 2018			June 30, 2018			March 31, 2018
Commercial mortgage	$	1,373		$	249	$	56		$	13		$	(3	)
Home equity loans and lines	46			107		—			199			25
Residential	329			304		(12		)	(1		)	—
Construction	(1		)	—		—			(1		)	(1		)
Total net charge-offs of real estate loans	1,747			660		44			210			21
Commercial & Industrial	391			298		304			467			283
Consumer	94			147		71			41			48
Leases	314			515		959			683			541
Total net charge-offs of non-real estate loans and leases	799			960		1,334			1,191			872
Total net charge-offs	$	2,546		$	1,620	$	1,378		$	1,401		$	893

11

Bryn Mawr Bank Corporation

Supplemental Balance Sheet Information (unaudited)

(dollars in thousands)

	Investment Securities Available for Sale, at Fair Value
	March 31, 2019		December 31, 2018		September 30, 2018		June 30, 2018		March 31, 2018
U.S. Treasury securities	$	100	$	200,013	$	100	$	100	$	100
Obligations of the U.S. Government and agencies	186,746		195,855		190,453		183,256		175,107
State & political subdivisions - tax-free	8,468		11,162		15,629		17,254		19,746
State & political subdivisions - taxable	170		170		170		171		171
Mortgage-backed securities	322,913		289,890		284,421		292,563		303,902
Collateralized mortgage obligations	40,486		39,252		36,193		36,634		33,980
Other debt securities	1,100		1,100		1,098		1,097		1,097
Total investment securities available for sale, at fair value	$	559,983	$	737,442	$	528,064	$	531,075	$	534,103

	Unrealized Gain (Loss) on Investment Securities Available for Sale
	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
U.S. Treasury securities	$	—		$	(13	)	$	—		$	—		$	—
Obligations of the U.S. Government and agencies	(1,334		)	(2,749		)	(5,881		)	(4,594		)	(3,756		)
State & political subdivisions - tax-free	(5		)	(39		)	(90		)	(57		)	(74		)
State & political subdivisions - taxable	—			(1		)	(1		)	(1		)	(1		)
Mortgage-backed securities	(696		)	(4,186		)	(7,584		)	(6,141		)	(5,169		)
Collateralized mortgage obligations	(510		)	(898		)	(1,618		)	(1,443		)	(1,322		)
Other debt securities	—			—			(2		)	(3		)	(3		)
Total unrealized losses on investment securities available for sale	$	(2,545	)	$	(7,886	)	$	(15,176	)	$	(12,239	)	$	(10,325	)

	Deposits
	March 31, 2019		December 31, 2018		September 30, 2018		June 30, 2018		March 31, 2018
Interest-bearing deposits:
Interest-bearing demand	$	664,683	$	664,749	$	578,243	$	617,258	$	529,478
Money market	961,348		862,644		812,027		814,530		856,072
Savings	265,613		247,081		286,266		291,858		308,925
Retail time deposits	531,522		542,702		561,123		536,287		523,138
Wholesale non-maturity deposits	47,744		55,031		24,040		36,826		63,449
Wholesale time deposits	284,397		325,261		261,164		169,770		171,359
Total interest-bearing deposits	2,755,307		2,697,468		2,522,863		2,466,529		2,452,421
Noninterest-bearing deposits	882,310		901,619		834,363		892,386		863,118
Total deposits	$	3,637,617	$	3,599,087	$	3,357,226	$	3,358,915	$	3,315,539

12

Bryn Mawr Bank Corporation

Detailed Income Statements (unaudited)

(dollars in thousands, except per share data)

	For the Three Months Ended
	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
Interest income:
Interest and fees on loans and leases	$	44,837		$	44,157		$	42,103		$	41,689		$	40,689
Interest on cash and cash equivalents	132			83			64			64			53
Interest on investment securities	3,499			3,294			3,066			3,001			2,792
Total interest income	48,468			47,534			45,233			44,754			43,534
Interest expense:
Interest on deposits	8,097			7,048			5,533			4,499			3,472
Interest on short-term borrowings	943			681			1,096			985			630
Interest on FHLB advances	278			331			394			490			562
Interest on jr. subordinated debentures	358			342			337			321			288
Interest on subordinated notes	1,145			1,145			1,144			1,143			1,143
Total interest expense	10,821			9,547			8,504			7,438			6,095
Net interest income	37,647			37,987			36,729			37,316			37,439
Provision for loan and lease losses (the "Provision")	3,736			2,362			664			3,137			1,030
Net interest income after Provision	33,911			35,625			36,065			34,179			36,409
Noninterest income:
Fees for wealth management services	10,392			11,017			10,343			10,658			10,308
Insurance commissions	1,672			1,459			1,754			1,902			1,693
Capital markets revenue	2,219			1,367			710			2,105			666
Service charges on deposits	808			798			726			752			713
Loan servicing and other fees	609			539			559			475			686
Net gain on sale of loans	319			1,606			631			528			518
Net gain on sale of investment securities available for sale	—			—			—			—			7
Net gain (loss) on sale of other real estate owned	(24		)	3			5			111			176
Dividends on FHLB and FRB stocks	411			305			375			510			431
Other operating income	2,847			1,003			3,171			3,034			4,338
Total noninterest income	19,253			18,097			18,274			20,075			19,536
Noninterest expense:
Salaries and wages	20,901			17,921			16,528			16,240			15,982
Employee benefits	4,166			2,977			3,356			2,877			3,708
Occupancy and bank premises	3,252			3,135			2,717			2,697			3,050
Furniture, fixtures and equipment	2,389			2,370			2,070			2,069			1,898
Advertising	415			540			349			369			461
Amortization of intangible assets	938			997			891			889			879
Impairment (recovery) of mortgage servicing rights ("MSRs")	17			101			(23		)	(1		)	(50		)
Due diligence, merger-related and merger integration expenses	—			—			389			3,053			4,319
Professional fees	1,320			1,526			997			932			748
Pennsylvania bank shares tax	409			374			472			473			473
Information technology	1,320			1,340			1,155			1,252			1,195
Other operating expenses	4,597			3,564			4,691			4,986			3,367
Total noninterest expense	39,724			34,845			33,592			35,836			36,030
Income before income taxes	13,440			18,877			20,747			18,418			19,915
Income tax expense	2,764			1,746			4,066			3,723			4,630
Net income	$	10,676		$	17,131		$	16,681		$	14,695		$	15,285
Net (loss) income attributable to noncontrolling interest	(1		)	(5		)	(1		)	7			(1		)
Net income attributable to Bryn Mawr Bank Corporation	$	10,677		$	17,136		$	16,682		$	14,688		$	15,286
Per share data:
Weighted average shares outstanding	20,168,498			20,225,993			20,270,706			20,238,852			20,202,969
Dilutive common shares	103,163			95,290			167,670			174,726			247,525
Weighted average diluted shares	20,271,661			20,321,283			20,438,376			20,413,578			20,450,494
Basic earnings per common share	$	0.53		$	0.85		$	0.82		$	0.73		$	0.76
Diluted earnings per common share	$	0.53		$	0.84		$	0.82		$	0.72		$	0.75
Dividends paid or accrued per share	$	0.25		$	0.25		$	0.25		$	0.22		$	0.22
Effective tax rate	20.57		%	9.25		%	19.60		%	20.21		%	23.25		%

13

Bryn Mawr Bank Corporation

Tax-Equivalent Net Interest Margin (unaudited)

(dollars in thousands, except per share data)

	For the Three Months Ended
	March 31, 2019							December 31, 2018							September 30, 2018							June 30, 2018							March 31, 2018
(dollars in thousands)	Average Balance			Interest Income/ Expense		Average Rates Earned/ Paid		Average Balance			Interest Income/ Expense		Average Rates Earned/ Paid		Average Balance			Interest Income/ Expense		Average Rates Earned/ Paid		Average Balance			Interest Income/ Expense		Average Rates Earned/ Paid		Average Balance			Interest Income/ Expense		Average Rates Earned/ Paid
Assets:
Interest-bearing deposits with other banks	$	32,742		$	132	1.64	%	$	38,957		$	83	0.85	%	$	37,467		$	64	0.68	%	$	37,215		$	64	0.69	%	$	38,044		$	53	0.56	%
Investment securities - available for sale:
Taxable	543,687			3,419		2.55	%	524,117			3,129		2.37	%	514,360			2,960		2.28	%	514,966			2,888		2.25	%	498,718			2,675		2.18	%
Tax-exempt	9,795			168		6.96	%	13,184			70		2.11	%	16,056			83		2.05	%	18,215			93		2.05	%	20,501			100		1.98	%
Total investment securities - available for sale	553,482			3,587		2.63	%	537,301			3,199		2.36	%	530,416			3,043		2.28	%	533,181			2,981		2.24	%	519,219			2,775		2.17	%
Investment securities - held to maturity	8,804			11		0.51	%	8,761			9		0.41	%	8,378			5		0.24	%	7,866			13		0.66	%	7,913			12		0.62	%
Investment securities - trading	7,629			22		1.17	%	8,203			96		4.64	%	8,204			30		1.45	%	8,202			22		1.08	%	8,339			21		1.02	%
Loans and leases *	3,477,739			44,845		5.23	%	3,399,484			44,274		5.17	%	3,379,699			42,214		4.96	%	3,353,339			41,782		5.00	%	3,291,212			40,754		5.02	%
Total interest-earning assets	4,080,396			48,597		4.83	%	3,992,706			47,661		4.74	%	3,964,164			45,356		4.54	%	3,939,803			44,862		4.57	%	3,864,727			43,615		4.58	%
Cash and due from banks	14,414							13,962							7,587							7,153							10,698
Less: allowance for loan and lease losses	(19,887		)					(18,625		)					(19,467		)					(18,043		)					(17,628		)
Other assets	470,206							424,957							423,864							415,628							388,383
Total assets	$	4,545,129						$	4,413,000						$	4,376,148						$	4,344,541						$	4,246,180
Liabilities:
Interest-bearing deposits:
Savings, NOW and market rate deposits	$	1,798,103		$	3,764	0.85	%	$	1,704,065		$	2,883	0.67	%	$	1,695,214		$	2,425	0.57	%	$	1,722,328		$	2,073	0.48	%	$	1,676,733		$	1,479	0.36	%
Wholesale deposits	342,696			2,012		2.38	%	346,134			1,986		2.28	%	256,347			1,329		2.06	%	233,714			973		1.67	%	231,289			733		1.29	%
Retail time deposits	533,395			2,321		1.76	%	552,213			2,179		1.57	%	541,652			1,779		1.30	%	533,254			1,453		1.09	%	527,469			1,260		0.97	%
Total interest-bearing deposits	2,674,194			8,097		1.23	%	2,602,412			7,048		1.07	%	2,493,213			5,533		0.88	%	2,489,296			4,499		0.72	%	2,435,491			3,472		0.58	%
Borrowings:
Short-term borrowings	157,652			943		2.43	%	128,429			681		2.10	%	208,201			1,096		2.09	%	205,323			985		1.92	%	172,534			630		1.48	%
Long-term FHLB advances	55,385			278		2.04	%	67,363			331		1.95	%	81,460			394		1.92	%	102,023			490		1.93	%	123,920			562		1.84	%
Subordinated notes	98,542			1,145		4.71	%	98,497			1,145		4.61	%	98,457			1,144		4.61	%	98,463			1,143		4.66	%	98,430			1,143		4.71	%
Jr. subordinated debt	21,595			358		6.72	%	21,553			342		6.30	%	21,511			337		6.22	%	21,470			321		6.00	%	21,430			288		5.45	%
Total borrowings	333,174			2,724		3.32	%	315,842			2,499		3.14	%	409,629			2,971		2.88	%	427,279			2,939		2.76	%	416,314			2,623		2.56	%
Total interest-bearing liabilities	3,007,368			10,821		1.46	%	2,918,254			9,547		1.30	%	2,902,842			8,504		1.16	%	2,916,575			7,438		1.02	%	2,851,805			6,095		0.87	%
Noninterest-bearing deposits	871,726							878,047							866,314							841,676							835,476
Other liabilities	93,949							60,393							59,085							52,389							32,465
Total noninterest-bearing liabilities	965,675							938,440							925,399							894,065							867,941
Total liabilities	3,973,043							3,856,694							3,828,241							3,810,640							3,719,746
Shareholders' equity	572,086							556,306							547,907							533,901							526,434
Total liabilities and shareholders' equity	$	4,545,129						$	4,413,000						$	4,376,148						$	4,344,541						$	4,246,180
Net interest spread						3.37	%						3.44	%						3.38	%						3.55	%						3.71	%
Effect of noninterest-bearing sources						0.38	%						0.35	%						0.31	%						0.26	%						0.23	%
Tax-equivalent net interest margin				$	37,776	3.75	%				$	38,114	3.79	%				$	36,852	3.69	%				$	37,424	3.81	%				$	37,520	3.94	%
Tax-equivalent adjustment				$	129	0.01	%				$	127	0.01	%				$	123	0.01	%				$	108	0.01	%				$	81	0.01	%
* 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.

Supplemental Information Regarding Accretion of Fair Value Marks

	For the Three Months Ended
	March 31, 2019						December 31, 2018						September 30, 2018						June 30, 2018						March 31, 2018
(dollars in thousands)	Interest	Inc. / (Dec.)			Effect on Yield or Rate			Inc. / (Dec.)			Effect on Yield or Rate			Inc. / (Dec.)			Effect on Yield or Rate			Inc. / (Dec.)			Effect on Yield or Rate			Inc. / (Dec.)			Effect on Yield or Rate
Loans and leases	Income	$	1,997		0.23	%		$	2,492		0.29	%		$	1,464		0.17	%		$	1,945		0.23	%		$	2,702		0.33	%
Retail time deposits	Expense	(222		)	(0.17	)%		(279		)	(0.20	)%		(311		)	(0.23	)%		(339		)	(0.25	)%		(380		)	(0.29	)%
Long-term FHLB advances	Expense	33			0.24	%		34			0.20	%		32			0.16	%		25			0.10	%		15			0.05	%
Jr. subordinated debt	Expense	42			0.79	%		42			0.77	%		41			0.76	%		41			0.77	%		40			0.76	%
Net interest income from fair value marks		$	2,144					$	2,695					$	1,702					$	2,218					$	3,027
Purchase accounting effect on tax-equivalent margin					0.21	%					0.27	%					0.17	%					0.23	%					0.32	%

14

Bryn Mawr Bank Corporation

Appendix - Non-GAAP to GAAP Reconciliations and Calculation of Non-GAAP Performance Measures (unaudited)

(dollars in thousands, except per share data)

Statement on Non-GAAP Measures: The Corporation believes the presentation of the following non-GAAP financial measures provides useful supplemental information that is essential to an investor’s proper understanding of the results of operations and financial condition of the Corporation. Management uses non-GAAP financial measures in its analysis of the Corporation’s performance. These non-GAAP measures should not be viewed as substitutes for the financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies.
	As of or For the Three Months Ended
	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
Reconciliation of Net Income to Net Income (core):
Net income attributable to BMBC (a GAAP measure)	$	10,677		$	17,136		$	16,682		$	14,688		$	15,286
Less: Tax-effected non-core noninterest income:
Gain on sale of investment securities available for sale	—			—			—			—			(6		)
Add: Tax-effected non-core noninterest expense items:
Due diligence, merger-related and merger integration expenses	—			—			307			2,412			3,412
Voluntary years of service incentive program expenses	3,553			—			—			—			—
Add: Federal income tax expense related to re-measurement of net deferred tax asset due to tax reform legislation	—			31			151			(69		)	590
Net income (core) (a non-GAAP measure)	$	14,230		$	17,167		$	17,140		$	17,031		$	19,282
Calculation of Basic and Diluted Earnings per Common Share (core):
Weighted average common shares outstanding	20,168,498			20,225,993			20,270,706			20,238,852			20,202,969
Dilutive common shares	103,163			95,290			167,670			174,726			247,525
Weighted average diluted shares	20,271,661			20,321,283			20,438,376			20,413,578			20,450,494
Basic earnings per common share (core) (a non-GAAP measure)	$	0.71		$	0.85		$	0.85		$	0.84		$	0.95
Diluted earnings per common share (core) (a non-GAAP measure)	$	0.70		$	0.84		$	0.84		$	0.83		$	0.94
Calculation of Return on Average Tangible Equity:
Net income attributable to BMBC (a GAAP measure)	$	10,677		$	17,136		$	16,682		$	14,688		$	15,286
Add: Tax-effected amortization and impairment of intangible assets	741			787			705			702			694
Net tangible income (numerator)	$	11,418		$	17,923		$	17,387		$	15,390		$	15,980
Average shareholders' equity	$	572,086		$	556,306		$	547,907		$	533,901		$	526,434
Less: Average Noncontrolling interest	685			681			678			685			683
Less: Average goodwill and intangible assets	(206,716		)	(207,893		)	(207,880		)	(208,039		)	(205,529		)
Net average tangible equity (denominator)	$	366,055		$	349,094		$	340,705		$	326,547		$	321,588
Return on tangible equity (a non-GAAP measure)	12.65		%	20.37		%	20.25		%	18.90		%	20.15		%
Calculation of Return on Average Tangible Equity (core):
Net income (core) (a non-GAAP measure)	$	14,230		$	17,167		$	17,140		$	17,031		$	19,282
Add: Tax-effected amortization and impairment of intangible assets	741			787			705			702			694
Net tangible income (core) (numerator)	$	14,971		$	17,954		$	17,845		$	17,733		$	19,976
Average shareholders' equity	$	572,086		$	556,306		$	547,907		$	533,901		$	526,434
Less: Average Noncontrolling interest	685			681			678			685			683
Less: Average goodwill and intangible assets	(206,716		)	(207,893		)	(207,880		)	(208,039		)	(205,529		)
Net average tangible equity (denominator)	$	366,055		$	349,094		$	340,705		$	326,547		$	321,588
Return on tangible equity (core) (a non-GAAP measure)	16.59		%	20.40		%	20.78		%	21.78		%	25.19		%

15

Bryn Mawr Bank Corporation

Appendix - Non-GAAP to GAAP Reconciliations and Calculation of Non-GAAP Performance Measures (unaudited)

(dollars in thousands, except per share data)

Statement on Non-GAAP Measures: The Corporation believes the presentation of the following non-GAAP financial measures provides useful supplemental information that is essential to an investor’s proper understanding of the results of operations and financial condition of the Corporation. Management uses non-GAAP financial measures in its analysis of the Corporation’s performance. These non-GAAP measures should not be viewed as substitutes for the financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies.
	As of or For the Three Months Ended
	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
Calculation of Tangible Equity Ratio (BMBC):
Total shareholders' equity	$	575,107		$	564,704		$	551,425		$	542,503		$	533,061
Less: Noncontrolling interest	686			685			678			677			684
Less: Goodwill and intangible assets	(206,006		)	(207,467		)	(208,165		)	(208,139		)	(207,287		)
Net tangible equity (numerator)	$	369,787		$	357,922		$	343,938		$	335,041		$	326,458
Total assets	$	4,631,993		$	4,652,485		$	4,388,442		$	4,394,203		$	4,300,376
Less: Goodwill and intangible assets	(206,006		)	(207,467		)	(208,165		)	(208,139		)	(207,287		)
Tangible assets (denominator)	$	4,425,987		$	4,445,018		$	4,180,277		$	4,186,064		$	4,093,089
Tangible equity ratio (BMBC)(1)	8.35		%	8.05		%	8.23		%	8.00		%	7.98		%
Calculation of Tangible Equity Ratio (BMTC):
Total shareholders' equity	$	605,985		$	591,695		$	582,698		$	582,354		$	569,670
Less: Noncontrolling interest	686			685			678			677			684
Less: Goodwill and intangible assets	(193,329		)	(194,715		)	(195,337		)	(195,245		)	(194,316		)
Net tangible equity (numerator)	$	413,342		$	397,665		$	388,039		$	387,786		$	376,038
Total assets	$	4,616,724		$	4,637,481		$	4,372,590		$	4,378,508		$	4,284,334
Less: Goodwill and intangible assets	(193,329		)	(194,715		)	(195,337		)	(195,245		)	(194,316		)
Tangible assets (denominator)	$	4,423,395		$	4,442,766		$	4,177,253		$	4,183,263		$	4,090,018
Tangible equity ratio (BMTC)(1)	9.34		%	8.95		%	9.29		%	9.27		%	9.19		%
Calculation of Return on Average Assets (core)
Return on average assets (GAAP)	0.95		%	1.54		%	1.51		%	1.36		%	1.46		%
Effect of adjustment to GAAP net income to core net income	0.32		%	—		%	0.04		%	0.21		%	0.38		%
Return on average assets (core)	1.27		%	1.54		%	1.55		%	1.57		%	1.84		%
Calculation of Return on Average Equity (core)
Return on average equity (GAAP)	7.57		%	12.22		%	12.08		%	11.03		%	11.78		%
Effect of adjustment to GAAP net income to core net income	2.52		%	0.02		%	0.33		%	1.76		%	3.07		%
Return on average equity (core)	10.09		%	12.24		%	12.41		%	12.79		%	14.85		%
Calculation of Tax-equivalent net interest margin adjusting for the impact of purchase accounting
Tax-equivalent net interest margin	3.75		%	3.79		%	3.69		%	3.81		%	3.94		%
Effect of fair value marks	0.21		%	0.27		%	0.17		%	0.23		%	0.32		%
Tax-equivalent net interest margin adjusting for the impact of purchase accounting	3.54		%	3.52		%	3.52		%	3.58		%	3.62		%

(1) Capital Ratios for the current quarter are to be considered preliminary until the Call Reports are filed.

16

Bryn Mawr Bank Corporation

Appendix - Non-GAAP to GAAP Reconciliations and Calculation of Non-GAAP Performance Measures (unaudited)

(dollars in thousands, except per share data)

Statement on Non-GAAP Measures: The Corporation believes the presentation of the following non-GAAP financial measures provides useful supplemental information that is essential to an investor’s proper understanding of the results of operations and financial condition of the Corporation. Management uses non-GAAP financial measures in its analysis of the Corporation’s performance. These non-GAAP measures should not be viewed as substitutes for the financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies.
	As of or For the Three Months Ended
	March 31, 2019			December 31, 2018			September 30, 2018			June 30, 2018			March 31, 2018
Calculation of Tax-equivalent net interest income adjusting for the impact of purchase accounting
Tax-equivalent net interest income	$	37,776		$	38,114		$	36,852		$	37,424		$	37,520
Effect of fair value marks	2,144			2,695			1,702			2,218			3,027
Tax-equivalent net interest income adjusting for the impact of purchase accounting	$	35,632		$	35,419		$	35,150		$	35,206		$	34,493
Calculation of Efficiency Ratio:
Noninterest expense	$	39,724		$	34,845		$	33,592		$	35,836		$	36,030
Less: certain noninterest expense items*:
Amortization of intangibles	(938		)	(997		)	(891		)	(889		)	(879		)
Due diligence, merger-related and merger integration expenses	—			—			(389		)	(3,053		)	(4,319		)
Voluntary years of service incentive program expenses	(4,498		)	—			—			—			—
Noninterest expense (adjusted) (numerator)	$	34,288		$	33,848		$	32,312		$	31,894		$	30,832
Noninterest income	$	19,253		$	18,097		$	18,274		$	20,075		$	19,536
Less: non-core noninterest income items:
Gain on sale of investment securities available for sale	—			—			—			—			(7		)
Noninterest income (core)	$	19,253		$	18,097		$	18,274		$	20,075		$	19,529
Net interest income	37,647			37,987			36,729			37,316			37,439
Noninterest income (core) and net interest income (denominator)	$	56,900		$	56,084		$	55,003		$	57,391		$	56,968
Efficiency ratio	60.26		%	60.35		%	58.75		%	55.57		%	54.12		%
Supplemental Loan and Allowance Information Used to Calculate Non-GAAP Measures
Total Allowance	$	20,616		$	19,426		$	18,684		$	19,398		$	17,662
Less: Allowance on acquired loans	97			97			72			217			92
Allowance on originated loans and leases	$	20,519		$	19,329		$	18,612		$	19,181		$	17,570
Total Allowance	$	20,616		$	19,426		$	18,684		$	19,398		$	17,662
Loan mark on acquired loans	15,841			17,822			24,964			26,705			32,260
Total Allowance + Loan mark	$	36,457		$	37,248		$	43,648		$	46,103		$	49,922
Total Portfolio loans and leases	$	3,523,514		$	3,427,154		$	3,381,475		$	3,389,501		$	3,305,795
Less: Originated loans and leases	3,032,270			2,885,251			2,752,160			2,700,815			2,564,827
Net acquired loans	$	491,244		$	541,903		$	629,315		$	688,686		$	740,968
Add: Loan mark on acquired loans	15,841			17,822			24,964			26,705			32,260
Gross acquired loans (excludes loan mark)	$	507,085		$	559,725		$	654,279		$	715,391		$	773,228
Originated loans and leases	3,032,270			2,885,251			2,752,160			2,700,815			2,564,827
Total Gross portfolio loans and leases	$	3,539,355		$	3,444,976		$	3,406,439		$	3,416,206		$	3,338,055

* In calculating the Corporation's efficiency ratio, which is used by Management to identify the cost of generating each dollar of core revenue, certain non-core income and expense items as well as the amortization of intangible assets, are excluded.

17