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Segment Information
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
 
FASB Codification 280 – “Segment Reporting” identifies operating segments as components of an enterprise which are evaluated regularly by the Corporation’s chief operating decision maker, our Chief Executive Officer, in deciding how to allocate resources and assess performance. The Corporation has applied the aggregation criterion set forth in this codification to the results of its operations.
 
The Corporation’s Banking segment consists of commercial and retail banking. The Banking segment is evaluated as a single strategic unit which generates revenues from a variety of products and services. The Banking segment generates interest income from its lending (including leases) and investing activities and is dependent on the gathering of lower cost deposits from its branch network or borrowed funds from other sources for funding its loans, resulting in the generation of net interest income. The Banking segment also derives revenues from other sources including gains on the sale in available for sale investment securities, gains on the sale of residential mortgage loans, service charges on deposit accounts, cash sweep fees, overdraft fees, BOLI income and interchange revenue associated with its Visa Check Card offering. Also included in the Banking segment are two subsidiaries of the Bank, KCMI Capital, Inc. and Bryn Mawr Equipment Financing, Inc., both of which provide specialized lending solutions to our customers.
 
The Wealth Management segment has responsibility for a number of activities within the Corporation, including trust administration, other related fiduciary services, custody, investment management and advisory services, employee benefits and IRA administration, estate settlement, tax services and brokerage. The Bryn Mawr Trust Company of Delaware is included in the Wealth Management segment of the Corporation since it has similar economic characteristics, products and services to those of the Wealth Management Division of the Corporation. BMT Investment Advisers, formed in May 2017, served as investment adviser to BMT Investment Funds, a Delaware statutory trust, prior to its wind-down in the second quarter of 2020, is also reported under the Wealth Management segment. Effective January 1, 2020, the business of Lau Associates, which is reported in the Wealth Management segment, was transitioned into the Wealth Management Division of the Bank, also reported in the Wealth Management segment. In addition, the Wealth Management Division oversees all insurance services of the Corporation, which are conducted through the Bank’s insurance subsidiary, BMT Insurance Advisors, Inc., and are reported in the Wealth Management segment.

The accounting policies of the Corporation are applied by segment in the following tables. The segments are presented on a pre-tax basis.
 
The following table details the Corporation’s segments:
 As of or for the Year Ended December 31,
202020192018
(dollars in thousands)BankingWealth
Management		ConsolidatedBankingWealth
Management		ConsolidatedBankingWealth
Management		Consolidated
Net interest income$143,784 $3 $143,787 $147,635 $6 $147,641 $149,464 $7 $149,471 
Provision for credit losses41,677 — 41,677 8,595 — 8,595 7,089 — 7,089 
Net interest income after provision for credit losses102,107 3 102,110 139,040 6 139,046 142,375 7 142,382 
Noninterest income:
Fees for wealth management services— 44,532 44,532 — 44,400 44,400 — 42,326 42,326 
Insurance commissions— 5,911 5,911 — 6,877 6,877 — 6,808 6,808 
Capital markets revenue9,491 — 9,491 11,276 — 11,276 4,848 — 4,848 
Service charges on deposit accounts2,868 — 2,868 3,374 — 3,374 2,989 — 2,989 
Loan servicing and other fees1,646 — 1,646 2,206 — 2,206 2,259 — 2,259 
Net gain on sale of loans5,779 — 5,779 2,342 — 2,342 3,283 — 3,283 
Net gain on sale of investment securities available for sale— — — — — — 7 — 7 
Net gain on sale of long-lived assets2,297 — 2,297 — — — — — — 
Net gain (loss) on sale of OREO148 — 148 (84)— (84)295 — 295 
Other operating income9,171 128 9,299 11,687 106 11,793 12,981 186 13,167 
Total noninterest income31,400 50,571 81,971 30,801 51,383 82,184 26,662 49,320 75,982 
Noninterest expenses:
Salaries & wages47,404 21,442 68,846 54,076 20,295 74,371 46,936 19,735 66,671 
Employee benefits9,105 3,500 12,605 9,572 3,884 13,456 9,046 3,872 12,918 
Occupancy and bank premise10,738 1,989 12,727 10,547 2,044 12,591 9,588 2,011 11,599 
Impairment of long-lived assets1,605 — 1,605 — — — — — — 
Amortization of intangible assets1,109 2,458 3,567 1,309 2,492 3,801 1,555 2,101 3,656 
Professional fees5,547 881 6,428 4,840 594 5,434 3,747 456 4,203 
Other operating expenses31,709 5,240 36,949 30,511 6,263 36,774 36,032 5,328 41,360 
Total noninterest expenses107,217 35,510 142,727 110,855 35,572 146,427 106,904 33,503 140,407 
Segment profit26,290 15,064 41,354 58,986 15,817 74,803 62,133 15,824 77,957 
Intersegment (revenues) expenses(1)
(622)622 — (613)613 — (715)715 — 
Pre-tax segment profit after eliminations$25,668 $15,686 $41,354 $58,373 $16,430 $74,803 $61,418 $16,539 $77,957 
% of segment pre-tax profit after eliminations62.1 %37.9 %100.0 %78.0 %22.0 %100.0 %78.8 %21.2 %100.0 %
Segment assets (dollars in millions)
$5,384.4 $47.6 $5,432.0 $5,210.4 $52.9 $5,263.3 $4,601.7 $50.8 $4,652.5 

(1) Inter-segment revenues consist of rental payments, interest on deposits and management fees.

Wealth Management Segment Information
(dollars in millions)December 31,
2020		December 31, 2019
Assets under management, administration, supervision and brokerage$18,976.5 $16,548.1