TITLE

Bryn Mawr to Buy MidCoast in Delaware for $33 Million

AUTHOR(S)
Cumming, Chris
PUB. DATE
April 2013
SOURCE
American Banker;4/1/2013, Vol. 178 Issue 49, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports Bryn Mawr Bank in Pennsylvania plans to buy MidCoast Community Bancorp in Delaware for $33 million in stock. The article notes the merger, expected to be completed in third-quarter 2013, will give Bryn Mawr a total of six branches in Delaware. It also notes a press release from Bryn Mawr's chief executive officer Ted Peters. Bryn Mawr's previous acquisitions include First Keystone Bank and Davidson Trust.
ACCESSION #
86435628

 

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