XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 10,829 $ 11,287
Interest bearing deposits with banks 103,070 85,026
Cash and cash equivalents 113,899 96,313
Investment securities available for sale, at fair value (amortized cost of $719,804 and $1,161,098 as of June 30, 2021 and December 31, 2020, respectively) 728,738 1,174,964
Investment securities held to maturity, at amortized cost (fair value of $12,761 and $15,186 as of June 30, 2021 and December 31, 2020, respectively) 12,532 14,759
Investment securities, trading 8,266 8,623
Loans held for sale 653 6,000
Portfolio loans and leases, originated 3,414,256 3,380,727
Portfolio loans and leases, acquired 203,155 247,684
Total Loans and Leases 3,617,411 3,628,411
Less: Allowance for credit losses on originated loans and leases (37,590) (50,783)
Less: Allowance for credit losses on acquired loans and leases (1,573) (2,926)
Total allowance for credit losses on loans and leases (39,163) (53,709)
Net portfolio loans and leases 3,578,248 3,574,702
Premises and equipment, net 54,178 56,662
Operating lease right-of-use assets 33,759 34,601
Accrued interest receivable 13,519 15,440
Mortgage servicing rights 2,173 2,626
Bank owned life insurance 60,993 60,393
Federal Home Loan Bank stock 4,332 12,666
Goodwill 184,012 184,012
Intangible assets 13,891 15,564
Other investments 18,206 17,742
Other assets 131,301 156,955
Total assets 4,958,700 5,432,022
Deposits:    
Noninterest-bearing 1,468,643 1,401,843
Interest-bearing 2,491,102 2,974,411
Total deposits 3,959,745 4,376,254
Short-term borrowings 21,553 72,161
Long-term FHLB advances 39,976 39,906
Subordinated notes 98,973 98,883
Junior subordinated debentures 22,030 21,935
Operating lease liabilities 39,400 40,284
Accrued interest payable 5,393 6,277
Other liabilities 127,618 154,000
Total liabilities 4,314,688 4,809,700
Shareholders' equity    
Common stock, par value $1; authorized 100,000,000 shares; issued 24,714,768 and 24,713,968 shares as of June 30, 2021 and December 31, 2020, respectively and outstanding of 19,877,892 and 19,960,294 as of June 30, 2021 and December 31, 2020, respectively 24,715 24,714
Paid-in capital in excess of par value 382,655 381,653
Less: Common stock in treasury at cost - 4,836,876 and 4,753,674 shares as of June 30, 2021 and December 31, 2020, respectively (91,825) (89,164)
Accumulated other comprehensive income, net of tax 4,798 8,948
Retained earnings 324,450 296,941
Total Bryn Mawr Bank Corporation shareholders' equity 644,793 623,092
Noncontrolling interest (781) (770)
Total shareholders' equity 644,012 622,322
Total liabilities and shareholders' equity $ 4,958,700 $ 5,432,022