Bryn Mawr in Pennsylvania Files $200M Registration Statement

Bryn Mawr Bank in Pennsylvania has filed documents to raise up to $200 million.

The $2.3 billion-asset company submitted a registration statement to issue common stock, debt securities and other instruments. The filing did specify a time for raising capital.

Bryn Mawr said in the filing that it expects to use net proceeds for working capital and general corporate purposes that might include investments in the bank and other units.

Bryn Mawr bought Continental Bank Holdings in Plymouth Meeting, Pa., in January. Last year, the company bought Powers Craft Parker & Beard, Pennsylvania insurance broker and risk management consulting firm.