Bryn Mawr, Pa., April 9, 2015 – Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC), (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today announced that it has received the 2014 Raymond James Community Bankers Cup award. The Community Bankers Cup recognizes the top 10% of community banks nationwide who meet multiple financial criteria including profitability, operational efficiency, and balance sheet metrics. The Corporation ranked sixth among the pool of 306 community banks eligible to be evaluated for the award.
“To receive the Raymond James Community Bankers Cup award as a top six performing bank in the nation is a real honor. At Bryn Mawr Trust we take great pride in our financial performance and our legacy as a proven leader in all areas of financial services through all economic cycles. Our success is rooted in our commitment to providing our clients superior financial solutions and customer service. Our goal has been and will always be an unwavering commitment to delivering superior value to our clients, our shareholders and the communities that we serve. As a multi-year winner of this award, this certainly validates our well-earned reputation of being a proven leader in providing banking services for more than 126 years,” said Frank Leto, President and CEO.
Among the 306 community banks considered, the top 10% demonstrated superior performance on a relative basis in one or more of the following measurements of financial performance and stability: non-performing assets to loans and real estate owned, five –year average core deposit percentage, net interest margin, efficiency ratio, return on average assets, and return on average tangible common equity.