To discuss the acquisition of First Keystone Financial, Inc

Bryn Mawr Bank Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported income before income taxes of $3.98 million, net income of $2.62 million or $0.30 per diluted share compared to income before income taxes of $3.83 million, net income of $2.26 million or $0.26 per diluted share for the same period a year ago. Interest income was $14.18 million compared to $14.8 million for the third quarter of 2008. The company reported return on average assets of 0.89% and return on average shareholders equity of 10.39% compared to return on average assets of 0.83% and return on average shareholders equity of 9.55% for the same period a year ago. For the nine months ended September 30, 2009, the company reported income before income taxes of $11.77 million, net income of $7.7 million or $0.88 per diluted share compared to income before income taxes of $12.89 million, net income of $8.32 million or $0.97 per diluted share for the same period a year ago. Interest income was $42.7 million compared to $43.1 million for the nine months of 2008. The company reported return on average assets of 0.88% and return on average shareholders equity of 10.66% compared to return on average assets of 1.09% and return on average shareholders equity of 11.99% for the same period a year ago. On October 22, 2009, the company's Board of Directors declared a quarterly dividend of 0.14 per share, payable December 1, 2009 to shareholders of record as of November 10, 2009.

Bryn Mawr Bank Corp., Q3 2009 Earnings Call, Oct 29 2009