Beneficial Mutual Bancorp Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, total interest income was $37.962 million against $42.425 million a year ago. Net interest income was $31.566 million against $34.452 million a year ago. Income before income taxes was $3.789 million against $4.388 million a year ago. Net income was $3.214 million or $0.04 per diluted share against $3.945 million or $0.05 per diluted share a year ago. Return on average assets was 0.28% against 0.35% a year ago. Return on average equity was 2.14% against 2.54% a year ago. The decrease in net interest income during the quarter ended March 31, 2013 compared to the same period last year was primarily the result of a reduction in the average interest rate earned on investment securities and loans, and a decline in average loan balances of $126.6 million, partially offset by a reduction in the average cost of liabilities. Net charge-offs during the quarter ended March 31, 2013 were $4.0 million compared to $6.6 million for the quarter ended March 31, 2012.

Beneficial Mutual Bancorp Inc., Annual General Meeting, May 16, 2013., at 08:30 Eastern Daylight. Location: The Penn Mutual Towers. Agenda: To elect four directors to serve for a term of three years; to ratify KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2013; to vote on a non-binding resolution to approve the compensation of the named executive officers; and to transact such other business as may properly come before the meeting and any adjournment or postponement thereof.

On January 17, 2013, Michael J. Morris notified Beneficial Mutual Bancorp Inc. his intent to retire from the Board of Directors of the company, Beneficial Savings Bank MHC and Beneficial Bank, effective upon the expiration of his current term at the company’s 2013 annual meeting of shareholders.