Bryn Mawr Bank Corporation announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported total interest income of $34,798,000 against $29,922,000 a year ago. Net interest income was $30,321,000 against $26,990,000 a year ago. Income before income taxes was $13,724,000 against $14,092,000 a year ago. Net loss was $6,200,000 or $0.35 per diluted share against net income of $9,408,000 or $0.55 per diluted share a year ago. Net interest income after provision was $29,244,000 compared with $25,931,000 a year ago. Core net income was $11,255,000 against $9,402,000 a year ago. Core diluted earnings per share was $0.63 against $0.55 a year ago. Return on average assets in negative was 0.68 % against positive of 1.16 % a year ago. Return on average equity in negative was 5.75 % against positive 9.90 % a year ago. Book value per common share was $26.19 against $22.50 a year ago. Return on tangible equity negative was $8.03 compared with positive $15.68 a year ago.

For the year, the company reported total interest income of $129,559,000 against $116,991,000 a year ago. Net interest income was $115,127,000 against $106,236,000 a year ago. Income before income taxes was $57,246,000 against $54,204,000 a year ago. Net income was $23,016,000 or $0.86 per diluted share against $36,036,000 or $0.82 per diluted share a year ago. Net interest income after provision was $112,509,000 compared with $101,910,000 a year ago. Core net income was $42,111,000 against $36,086,000 a year ago. Core diluted earnings per share was $2.42 against $2.12 a year ago. Return on average assets was 0.67 % against 1.16% a year ago. Return on average equity was 5.76% against 9.75% a year ago. Return on tangible equity was $9.23 compared with $15.79 a year ago.

For the quarter, the company reported net loan and le net charge-offs for the fourth quarter of 2017 were $556,000 as compared to $1.3 million for the same period in 2016.