Bryn Mawr Bank to Buy MidCoast Community Bancorp

Bryn Mawr Bank Corporation BMTC (the "Corporation"), parent of The Bryn Mawr Trust Company (the "Bank"), today announced that the Corporation has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") to acquire MidCoast Community Bancorp, Inc. ("MidCoast") and its wholly owned subsidiary MidCoast Community Bank, for approximately $33 million. MidCoast Community Bancorp, Inc. is headquartered in Wilmington, Delaware. The acquisition builds upon the Corporation's existing footprint in Delaware by adding four branches, approximately $235 million in loans and approximately $250 million in deposits.