The Bryn Mawr Trust Company (merged into Wilmington Savings Fund Society, FSB)
The Bryn Mawr Trust Company reported total assets of $5.0 bn at Q4 2021, its last Call Report before it merged into Wilmington Savings Fund Society, FSB. The CET1 capital ratio at The Bryn Mawr Trust Company was 13.47%, and the uninsured share of The Bryn Mawr Trust Company was 44.84%. Source: FDIC Call Reports.
Key takeaways
- Since , The Bryn Mawr Trust Company has taken over one institution; the latest was Royal Bank America on (FDIC Call Reports).
What sets The Bryn Mawr Trust Company apart
How large is The Bryn Mawr Trust Company?
The balance sheet of The Bryn Mawr Trust Company at : assets $5.0 bn, deposits $4.2 bn, net loans $3.5 bn (loans equal to 82.38% of deposits). Securities make up 9.9% of total assets at The Bryn Mawr Trust Company. Since , when The Bryn Mawr Trust Company held $3.0 bn, its assets grew 65.7%. In the year to , deposits at The Bryn Mawr Trust Company fell 6.0% while its total assets fell 7.2%. At , The Bryn Mawr Trust Company employed 525 full-time equivalent staff across 40 offices, about $9.6 mn of assets per employee and $105.5 mn of deposits per office.
How much funding at The Bryn Mawr Trust Company is uninsured?
At The Bryn Mawr Trust Company, uninsured deposits (above the FDIC limit) made up 44.84% of domestic deposits at (+7.82 pp on a year earlier). In dollars, The Bryn Mawr Trust Company estimated $1.9 bn of uninsured deposits.
Key facts, Q4 2021
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.2 bn | $4.5 bn (Q4 2020) | |
| Net loans and leases | $3.5 bn | $3.6 bn (Q4 2020) | |
| Loan-to-deposit ratio | 82.38% | 79.75% (Q4 2020) | |
| Tier 1 leverage ratio | 9.89% | 8.79% (Q4 2020) | |
| Total risk-based capital ratio | 14.27% | 12.75% (Q4 2020) | |
| Net interest margin | 3.23% | 3.28% (Q4 2020) | |
| Return on assets (ROA) | 1.29% | 0.54% (Q4 2020) | |
| Efficiency ratio | 68.41% | 64.00% (Q4 2020) | |
| Noncurrent loans to total loans | 0.18% | 0.15% (Q4 2020) | |
| Net charge-offs to average loans | 0.08% | 0.32% (Q4 2020) |
US rank of The Bryn Mawr Trust Company: 1 = highest unless marked 1 = lowest.
Balance sheet
The Bryn Mawr Trust Company: assets, deposits and loans
- Total assets $5.0bn
- Deposits $4.2bn
- Net loans $3.5bn
Capital and securities
The CET1 ratio of The Bryn Mawr Trust Company stood at 13.47% in , +1.94 pp year on year. Low and high at The Bryn Mawr Trust Company since : 10.26% () to 13.47% (). Equity capital of The Bryn Mawr Trust Company at : $655.8 mn, or 13.0% of total assets. The Bryn Mawr Trust Company also reported a total capital ratio of 14.27% for , and a tier 1 leverage ratio of 9.89%.
The Bryn Mawr Trust Company: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 9.9%
The Bryn Mawr Trust Company: unrealized securities gains and losses
- Available for sale $0
- Held to maturity $0
Profitability and loan quality
For the year to , The Bryn Mawr Trust Company earned a return on equity of 9.91%; return on assets: 1.29%. Net interest margin at The Bryn Mawr Trust Company: 3.23%, -0.05 pp in a year. The Bryn Mawr Trust Company net income: $65.1 mn, up 130.9% year on year. The efficiency ratio of The Bryn Mawr Trust Company was 68.41%: about 68 cents cost per revenue dollar, against 57 cents at the median peer.
At , noncurrent loans were 0.18% of total loans at The Bryn Mawr Trust Company; net charge-offs: 0.08% of average loans. Gross loans and leases at The Bryn Mawr Trust Company: $3.5 bn at , against $3.6 bn at .
The Bryn Mawr Trust Company: profitability
- Return on equity 9.9%
- Net interest margin 3.2%
- Return on assets 1.3%
Peer group of The Bryn Mawr Trust Company
The peer group of The Bryn Mawr Trust Company is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of The Bryn Mawr Trust Company (state member bank) and 1 has its head office in Pennsylvania. Against them, The Bryn Mawr Trust Company shows CET1 ratio 13.47% against a peer median of 13.54%, return on equity 9.91% against a peer median of 14.21% and uninsured deposit share 44.84% against a peer median of 32.15%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Firstrust Savings Bank | State-chartered stock savings bank | PA | $5.2 bn | 12.55% | 17.96% | 44.86% | |
| Equity Bank | State member bank | KS | $5.1 bn | 14.02% | 12.57% | 25.13% | |
| First Financial Bank | National bank | IN | $5.0 bn | 13.53% | 8.33% | 25.67% | |
| The Bryn Mawr Trust Company | State member bank | PA | $5.0 bn | 13.47% | 9.91% | 44.84% | |
| Cambridge Trust Company | State nonmember bank | MA | $4.9 bn | 12.06% | 13.09% | 50.36% | |
| Morton Community Bank | State nonmember bank | IL | $4.9 bn | 13.54% | 15.34% | 23.56% | |
| Stifel Bank | State member bank | MO | $4.8 bn | 13.76% | 21.21% | 38.63% | |
. FDIC Call Reports.
Last eight quarters
Two years at The Bryn Mawr Trust Company, to : assets $4.9 bn to $5.0 bn, deposits $3.9 bn to $4.2 bn, equity $625.7 mn to $655.8 mn. Staff 625 to 525; offices 43 to 40.
| Metric | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.9 bn | $5.3 bn | $5.0 bn | $5.4 bn | $4.9 bn | $5.0 bn | $4.9 bn | $5.0 bn |
| Total deposits | $3.9 bn | $4.3 bn | $4.1 bn | $4.5 bn | $4.0 bn | $4.1 bn | $3.9 bn | $4.2 bn |
| Bank equity capital | $625.7 mn | $640.4 mn | $654.1 mn | $631.6 mn | $641.8 mn | $668.2 mn | $684.6 mn | $655.8 mn |
| CET1 ratio | 11.10% | 11.68% | 12.02% | 11.53% | 12.01% | 12.50% | 13.12% | 13.47% |
| Return on equity (ROE) | -8.14% | 0.60% | 3.02% | 4.44% | 11.90% | 12.57% | 12.05% | 9.91% |
| Uninsured share of domestic deposits | 31.05% | 33.05% | 35.35% | 37.03% | 39.36% | 42.08% | 40.18% | 44.84% |
| Full-time equivalent employees | 625 | 629 | 604 | 599 | 601 | 594 | 555 | 525 |
| Number of offices | 43 | 43 | 42 | 41 | 41 | 40 | 40 | 40 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of The Bryn Mawr Trust Company, oldest first; figures before and after each event are not like for like.
- . Absorbed Royal Bank America (FDIC certificate 18962).
- . Merged into Wilmington Savings Fund Society, FSB (FDIC certificate 17838).
Large one-quarter moves at The Bryn Mawr Trust Company
- Total assets at The Bryn Mawr Trust Company changed by +28.1% in the quarter to 2017-12-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Royal Bank America.
Questions and identifiers
What were the total assets of The Bryn Mawr Trust Company?
The Bryn Mawr Trust Company reported $5.0 bn at in its Call Report.
Is The Bryn Mawr Trust Company the same as its holding company?
No. This page covers The Bryn Mawr Trust Company, FDIC certificate 11866; BRYN MAWR BANK CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is The Bryn Mawr Trust Company profitable?
The Bryn Mawr Trust Company reported net income of $65.1 mn for the year to ; annualized return on equity: 9.91%. So yes: The Bryn Mawr Trust Company made a profit over these months.
When is data for The Bryn Mawr Trust Company next updated?
The Bryn Mawr Trust Company no longer files Call Reports; its data ends at .
Where can I check the figures for The Bryn Mawr Trust Company?
In the FDIC BankFind Suite record for certificate 11866, and in the Call Reports of The Bryn Mawr Trust Company (RSSD ID 765019) at the FFIEC Central Data Repository.