Bryn Mawr

Bank Corporation

Announces the Acquisition of

First Keystone Financial, Inc.

November 3, 2009

Exhibit 99.2

2

Forward Looking Statements

Forward Looking Statements

This presentation contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Words or

phrases such as "expect," "believe," "intend," "plan," "estimate," "may," "should," "will likely result," "will continue," "is anticipated," "estimate,"

"project" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to and involve

known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those indicated in the

forward-looking statements.  The following factors, among others, could cause actual results to differ materially from the anticipated results or

other expectations expressed in forward looking statements:  (1)

the businesses of Bryn Mawr

Bank Corporation (“Bryn Mawr”) and First Keystone

Financial, Inc. (“First Keystone”) may not be combined successfully or such combination may take longer to accomplish than expected; (2) the cost

savings from the merger may not be fully realized or may take longer to realize than expected; (3) operating costs, customer loss and business

disruption following the merger, including adverse effects on relationships with employees, may be greater than expected; (4) governmental

approvals

of

the

merger

may

not

be

obtained,

or

adverse

regulatory

conditions

may

be

imposed

in

connection

with

the

governmental

approvals

of

the merger; (5) the shareholders of First Keystone may fail to approve the merger; (6) changes in general economic conditions, which could affect

the volume of loan originations, deposit flows and real estate values, credit quality trends; (7) changes in laws, regulations or policies by

government

or

regulatory

agencies;

(8)

fluctuations

in

interest

rates;

(9)

change

in

the

demand

for

loans

in

the

market

areas

in

which

Bryn

Mawr

and

First

Keystone

conduct

their

respective

business;

and

(10)

competition

from

other

financial

services

companies

in

Bryn

Mawr's

and

First

Keystone's

markets.

These

statements

include,

but

are

not

limited

to,

statements

about

Bryn

Mawr's

plans,

objectives,

expectations

and

intentions

and

other

statements

contained

in

this

presentation

that

are

not

historical

facts.

Bryn

Mawr

cautions

readers

not

to

place

undue

reliance

on

any

such

forward-looking

statements,

which

speak

only

as

of

the

date

made.

Bryn

Mawr

undertakes

no

obligation

to

publicly

release

the

result

of

any

revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the

occurrence of anticipated or unanticipated events.

3

Important Merger Information

Important Merger Information

This

presentation

does

not

constitute

an

offer

of

securities

by

Bryn

Mawr.

In

connection

with

the

proposed

transaction,

Bryn

Mawr

will

file

a

registration

statement

on

Form

S-4

with

the

SEC.

The

registration

statement

will

contain

a

proxy

statement/prospectus

to

be

distributed

to

the

shareholders of First Keystone in connection with their vote on the merger. The information in this presentation is not a substitute for the

registration

statement

or

any

other

documents

Bryn

Mawr

and

First

Keystone

may

file

with

the

SEC.

Shareholders and investors may obtain free copies of the proxy statement/prospectus and other documents related to the merger, once they are

filed

with

the

SEC,

through

the

SEC’s

website

at

www.sec.gov.

Free

copies

of

the

proxy

statement/prospectus

and

such

other

documents

also

may be obtained by directing a request by telephone or mail to the following:

Bryn Mawr

Bank Corporation

801 Lancaster Avenue

Bryn Mawr, PA 19010

Attention: Robert J. Ricciardi, Corporate Secretary

Telephone Number: (610) 526-2059

4

Transaction Summary

Transaction Summary

Acquiror:

Bryn Mawr

Bank Corporation (NASDAQ: BMTC)

Seller:

First Keystone Financial, Inc. (NASDAQ: FKFS)

Consideration:

Each share of FKFS common stock will be exchanged for

0.6973 BMTC shares

(1)

and $2.06 in cash

Transaction Value:

$34 million

Merger Consideration 

Adjustment:

Per Share Merger Consideration subject to downward

adjustment based on the rise of FKFS delinquencies above

a specified level one month prior to close

Board Representation:

Donald Guthrie (Chairman of the FKFS Board of Directors)

will join the BMTC Bank and Holding Company Boards as a

Director

Closing Condition:

Aggregate amount of FKFS delinquencies must be less than

$16.5 million

Required Approvals:

Customary Regulatory and FKFS Shareholders

Expected Closing:

Q2 2010

(1)

Based

upon

BMTC’s

average

daily

closing

price

for

twenty

consecutive

trading

days

ending

10/30/2009

($16.76)

5

Transaction Highlights

Transaction Highlights

Expands

branch

footprint

into

the

attractive

demographic

markets

of

Delaware

and

Chester

County

Important component of strategic plan

Enhances long-term franchise value

Complementary business mix

Both banks have a “community focus”

Significant potential synergies identified in wealth management services and residential mortgage

originations

Low risk Transaction

Extensive due diligence performed

Conservative credit mark estimated

Familiar markets of operation

Achievable cost savings identified

Material earnings per share accretion

Attractive internal rate of return

Pro

Forma

capital

ratios

remain

significantly

above

“well

capitalized”

levels

6

Expanding Southeastern PA Footprint

Expanding Southeastern PA Footprint

Source: SNL Financial

Pro forma financials do not include merger adjustments

BMTC data as of 9/30/2009; FKFS data as of 6/30/2009

(1)

Includes 7 limited service retirement community branches

Pro

Forma

Deposit

Market

Share

–

Delaware

County,

PA

2009

Total

2009

Deposits

Total

in

Market

Branch

Market

Share

Rank

Institution (ST)

Count

($M)

(%)

1

Wells Fargo & Co. (CA)

21

1,630

15.3

2

Royal Bank of Scotland Group

23

1,585

14.9

3

Toronto-Dominion Bank

14

1,360

12.8

4

Citigroup Inc. (NY)

3

1,040

9.8

5

PNC Financial Services Group (PA)

11

929

8.7

6

Banco Santander S.A.

13

830

7.8

Pro Forma

14

563

5.3

7

Beneficial Mutual Bncp (MHC) (PA)

7

386

3.6

8

Alliance Bancorp of Penn (MHC) (PA)

8

338

3.2

9

First Keystone Financial (PA)

7

337

3.2

10

Bryn Mawr Bank Corp. (PA)

7

226

2.1

Top 10

114

8,662

81.3

Market Total

180

10,651

100.0

Bryn Mawr

Bank Corp. (16)

First

Keystone

Financial,

Inc.

(8)

($ in millions)

BMTC

FKFS

Pro Forma

Assets

$1,196

$525

$1,721

Loans

886

317

1,203

Deposits

899

354

1,253

Branches

16

(1)

8

24

Pro Forma Financials

7

Pro Forma Loans and Deposits

Pro Forma Loans and Deposits

Source: Company filings

FKFS loan and deposit data as of 6/30/2009

BMTC stand alone loan and deposit data as of 9/30/2009

Deposits

Loans

BMTC Stand Alone

Total: $886M

Total: $1.2B

Total: $899M

Total: $1.3B

Total: $317M

Total: $354M

BMTC Stand Alone

FKFS Stand Alone

BMTC Pro Forma

FKFS Stand Alone

BMTC Pro Forma

Time Deposits

47.7%

NOW & Other

Trans. Accts.

22.7%

MMDA &

Savings

24.4%

Demand

Deposits

5.1%

Consumer &

Other

18.0%

Commercial &

Industrial

7.0%

Residential

R.E.

46.1%

Commercial

R.E.

19.4%

Construction

R.E.

9.6%

Time Deposits

26.8%

NOW & Other

Trans. Accts.

14.3%

MMDA,

Savings, &

Other

40.2%

Demand

Deposits

18.7%

Consumer &

Other

26.8%

Commercial &

Industrial

26.8%

Residential

R.E.

13.3%

Commercial

R.E.

28.9%

Construction

R.E.

4.2%

Consumer &

Other

24.5%

Commercial &

Industrial

21.6%

Residential

R.E.

22.0%

Commercial

R.E.

26.4%

Construction

R.E.

5.6%

Time Deposits

32.7%

NOW & Other

Trans. Accts.

16.7%

MMDA,

Savings, &

Other

35.8%

Demand

Deposits

14.8%

8

Due Diligence

Due Diligence

Extensive due diligence conducted by BMTC and third parties over

the past month

Conducted extensive credit diligence

BMTC and third party loan review

Reviewed over 65% of commercial portfolio (CRE, C&I, and Construction)

Multiple Construction / Commercial Real Estate sites visited

Conservative credit mark estimated

Estimated securities portfolio mark –

to –

market

KPMG hired to conduct tax and accounting due diligence assistance

9

Asset Quality

Asset Quality

Source: SNL Financial

BMTC Data as of 9/30/2009; FKFS data as of 6/30/2009

(1) Assumes

write-down

of

FKFS’s

nonaccrual

loans

(2) Includes the impact of FAS 141R and FAS 157

(3)

Does

not

include

the

impact

of

new

accounting

guidance

under

FAS

141R

and

FAS

157

NPAs

/ Loans + OREO (%)

Reserves / Loans (%)

(1)

(2)

(3)

1.05

1.69

1.14

June ‘09

March ‘09

1.24

0.00

1.36

NPAs

/ Loans + OREO

NCOs / Average Loans

Reserves / Loans

%

%

First Keystone Financial, Inc.

Quarter Ended

1.15

0.32

1.15

Dec. ‘08

Sept. ‘08

0.34

0.23

1.19

June ‘08

0.21

0.00

1.17

%

%

%

1.16%

0.87%

2.02%

0.00%

0.60%

1.20%

1.80%

2.40%

BMTC Stand

Alone

BMTC Pro

Forma

BMTC Pro

Forma

0.95%

0.71%

0.00%

0.30%

0.60%

0.90%

1.20%

BMTC Stand Alone

BMTC Pro Forma

Bryn Mawr Bank Corporation

Announces the Acquisition of

First Keystone Financial, Inc.

November 3, 2009