Bryn Mawr Bank Corporation (NASDAQ:BMTC) Files An 8-K Results of Operations and Financial Condition

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Files An 8-K Results of Operations and Financial Condition
Item2.02

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Results of Operations and Financial Condition.

On April 19, 2018, Bryn Mawr Bank Corporation (the “Corporation”), the parent of The Bryn Mawr Trust Company, issued a Press Release announcing the results of operations for the quarter ended March 31, 2018. The Press Release is attached as Exhibit 99.1 hereto and incorporated herein by reference.

The information furnished in this Item 2.02, including Exhibit 99.1 attached hereto and incorporated by reference herein, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including such Exhibit, shall not be deemed incorporated by reference into any of the Corporation’s reports or filings with the Securities and Exchange Commission, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing.

Item ..Submission of Matters to a Vote of Security Holders.

The Corporation held its Annual Meeting of Shareholders on April 19, 2018 for the purpose of considering and acting upon the below proposals. A total of 20,265,807 shares were outstanding and entitled to vote at the Annual Meeting, of which 18,109,587 shares were voted.

1. A proposal to elect the following directors.

The shareholders of the Corporation elected the following directors to the classes and for the terms set forth below, by the following vote:

Director Nominee

Class

Term

Expiring

Votes For

Votes

Withheld

Broker Non-

Votes

Francis J. Leto

IV

15,555,993 109,985 2,443,609

Britton H. Murdoch

IV

15,261,166 404,812 2,443,609

F. Kevin Tylus

II

15,192,525 473,453 2,443,609

Diego F. Calderin

III

15,606,976 59,002 2,443,609

The following additional directors continued in office after the Annual Meeting: Michael J. Clement, Andrea F. Gilbert, Wendell F. Holland, Scott M. Jenkins, A. John May, III and Lynn B. McKee.

2. A proposal to approve a non-binding advisory vote on executive officer compensation (“say-on-pay”).

The shareholders of the Corporation approved the say-on-pay proposal by the following vote:

Votes For

Votes Against

Abstained

Broker Non-Votes

12,407,666 3,176,330 81,982 2,443,609

3. A proposal to ratify KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 201.

The shareholders of the Corporation ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2018 by the following vote:

Votes For

Votes Against

Abstained

17,513,316 581,877 14,394

Item 9.01. Financial Statements and Exhibits

(d) Exhibit 99.1 – Press Release announcing the results of operations for the quarter ended March 31, 2018


BRYN MAWR BANK CORP Exhibit
EX-99.1 2 ex_110698.htm EXHIBIT 99.1 ex_110698.htm Exhibit 99.1     FOR RELEASE:  IMMEDIATELY Frank Leto,…
To view the full exhibit click here

About Bryn Mawr Bank Corporation (NASDAQ:BMTC)

Bryn Mawr Bank Corporation is a holding company for The Bryn Mawr Trust Company (the Bank). The Company offers a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance, and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation. The Company operates through two segments: Wealth Management and Banking. The Company’s Wealth Management segment offers various services, including trust administration, custody, investment management and advisory services, employee benefits, estate settlement, tax services and brokerage. Its Banking segment consists of commercial and retail banking. The Company operates through a network of approximately 30 full-service branches, eight limited-hour retirement community branches, five wealth offices and a full-service insurance agency.

Bryn Mawr Bank Corporation (NASDAQ:BMTC) Recent Trading Information

Bryn Mawr Bank Corporation (NASDAQ:BMTC) closed its last trading session up +0.95 at 46.60 with shares trading hands.

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