Bryn Mawr Bank Corp. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net income of $5.3 million and diluted earnings per share of $0.40 as compared to net income of $5.0 million and diluted earnings per share of $0.38 for the same period in 2011. Net interest income was $16.9 million, an increase of $941,000, or 5.9%, from $16.0 million for the same period in 2011. The increase in net interest income between the periods was related to a 4.6% increase in average portfolio loans, largely related to the acquisition of the First Bank of Delaware loans. Income before income taxes was $7.977 million against $7.631 million for the same period a year ago. Return on average assets was 1.11% and return on average shareholders' equity was 10.47% compared to return on average assets of 1.13% and return on average shareholders' equity of 10.63% for the same period a year ago. Book value per share was $15.17 against $14.07 for the same period a year ago. Tangible book value per share was $11.08 against $10.78 for the same period a year ago.

For the year, the company reported net income of 21.1 million, or $1.60 per diluted share, as compared to net income of $19.6 million, or $1.54 per diluted share for the same period in 2011. Net interest income was 64.7 million against $62.9 million for the same period a year ago. Income before income taxes was $32.2 million against $29.1 million for the same period a year ago. Return on average assets was 1.15% and return on average shareholders' equity was 10.91% compared to return on average assets of 1.14% and return on average shareholders' equity of 11.08% for the same period a year ago.

For the fourth quarter, the company reported net loan and lease charge-offs of $214,000, as compared to net loan and lease recoveries of $43,000 for the same period in 2011.

On January 24, 2013, the Board of Directors of Bryn Mawr Bank Corp. declared a quarterly dividend of $0.17 per share, an increase of $0.01, or 6.3%, from the previous quarter's dividend. The dividend is payable March 1, 2013 to shareholders of record as of February 5, 2013.