On January 21, 2016, the Board of Directors of Bryn Mawr Bank Corp. declared a quarterly dividend of $0.20 per share, payable March 1, 2016 to shareholders of record as of February 2, 2016.

The company announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company's net loss was $6.7 million was driven by the $17.4 million pre-tax loss on the termination of the pension plan. Net income for the same period in 2014 was $7.0 million. Net interest income was $25.4 million, an increase of $5.9 million, or 30.5%, from $19.5 million for the same period in 2014. The increase in net interest income between the periods was related to the interest income generated by the $424.2 million of loans acquired in the January 1, 2015 merger with Continental Bank Holdings Inc. as well as organic loan growth that occurred during the year. Loss before income tax was $9,631,000 compared to net income before income tax of $10,754,000 a year ago. Diluted loss per share was $0.37 compared to diluted income per share of $0.51 a year ago. Net income (core) (a non-GAAP measure) was $7,506,000 or $0.44 per diluted share compared to $7,412,000 or $0.53 per diluted share a year ago. Total interest income $27,766,000 compared to $21,055,000 a year ago. Negative return on average assets was 0.85% compared to return on average assets of 1.28% a year ago. Negative return on average shareholders' equity was 6.90% compared to return on average shareholders' equity of 11.23% a year ago. Negative return on average tangible equity was 10.68% compared to return on average tangible equity of 14.71% a year ago.

For the full year, the company reported net interest income of $100,127,000 compared to $76,828,000 a year ago. Total interest income $108,542,000 compared to $82,906,000 a year ago. Income before income taxes was $25,926,000 compared to $42,848,000 a year ago. Net income was $16,754,000 or $0.94 per diluted share compared to $27,843,000 or $2.01 per diluted share a year ago. Net income (core) (a non-GAAP measure) was $33,636,000 or $1.89 per diluted share compared to $29,185,000 or $2.11 per diluted share a year ago. Return on average assets was 0.57% compared to 1.32% a year ago. Return on average shareholders' equity was 4.49% compared to 11.56% a year ago. Return on average tangible equity was 6.84% compared to 14.85% a year ago. Book value per share was $21.42 compared to $17.83% a year ago. Tangible book value per share was $13.89 compared to $13.59 a year ago.

For the quarter, the company reported net charge offs of $1,855,000 compared to $697,000 a year ago.