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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the
Securities Exchange Act of 1934
Date of Report (date of earliest
event reported): November 12, 1997
Bryn Mawr Bank Corporation
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(Exact Name of Registrant as specified in its charter)
Pennsylvania 0-15261 23-2434506
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
801 Lancaster Avenue, Bryn Mawr, PA 19010
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Registrant's telephone number, including area code: 610-525-2300
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None
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(Former name or former address, if changed since last report)
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Item 5. Other Matters
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On October 27, 1997, The Bryn Mawr Trust Company (the "Bank"), the
Registrant's principal subsidiary, sold its interest in a commercial property
(the "Property") for a pre-income tax gain of $255,000 or twelve cents a share.
The foregoing is a summary of the press release which is attached as
Exhibit A to this report and is incorporated herein by reference. The foregoing
description does not purport to be complete and is qualified in its entirety by
reference to Exhibit A.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
BRYN MAWR BANK CORPORATION
By: /s/ Robert L. Stevens
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Robert L. Stevens
Chairman and Chief Executive Officer
Date: November 12, 1997
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Bryn Mawr Bank Corporation
801 Lancaster Avenue
Bryn Mawr, Pennsylvania 19010-3396
(610) 526-2300
FOR RELEASE: IMMEDIATELY
FOR MORE INFORMATION CONTACT: Robert L. Stevens, Chairman
(610) 526-2300 or
(610) 296-5539 (evening);
Joseph W. Rebl, Treasurer and
Assistant Secretary
(610) 526-2466 or (610) 828-7798 (evening)
Bryn Mawr Trust Sells Commercial Property
Bryn Mawr, Pa., November 4, 1997 -- Bryn Mawr Bank Corporation (NASDAQ: BMTC),
parent of The Bryn Mawr Trust Company (the "Bank"), announced the sale and
settlement of a commercial property, held in the Bank's other real estate owned
("OREO"), which resulted in a pre-income tax gain of $255,000 or 12 cents per
share.
The transaction reduced the OREO balance to $25,000, which represents the one
remaining OREO property on the Bank's books.
Established in 1889, The Bryn Mawr Trust Company provides businesses,
individuals, families, and foundations with a complete spectrum of financial
services including banking, cash management, investment management, estate
planning, fiduciary services, tax planning advice and tax preparation.
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Exhibit A
