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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Beneficial
Impact of ASC 326 Adoption
As reported under ASC 326
Common Stock
Common Stock
As reported under ASC 326
Capital in Excess of Par Value
Capital in Excess of Par Value
As reported under ASC 326
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
As reported under ASC 326
Retained Earnings
Retained Earnings
Impact of ASC 326 Adoption
Retained Earnings
As reported under ASC 326
Treasury Stock
Treasury Stock
As reported under ASC 326
Total Stockholders' Equity of WSFS
Total Stockholders' Equity of WSFS
Impact of ASC 326 Adoption
Total Stockholders' Equity of WSFS
As reported under ASC 326
Non-controlling Interest
Non-controlling Interest
As reported under ASC 326
Beginning Balance (in shares) at Dec. 31, 2018         56,926,978                              
Beginning Balance at Dec. 31, 2018 $ 820,920       $ 569   $ 349,810   $ (15,394)   $ 791,031     $ (305,096)   $ 820,920     $ 0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income (loss) 48,899                   49,223         49,223     (324)  
Other comprehensive income (loss) 38,082               38,082             38,082        
Cash dividend (9,857)                   (9,857)         (9,857)        
Issuance of common stock including proceeds from exercise of common stock options (in shares)         312,705                              
Issuance of common stock including proceeds from exercise of common stock options 4,127       $ 4   4,123                 4,127        
Beneficial merger and related items 950,069           687,897             262,071   949,968     101  
Stock-based compensation expense 1,235           1,235                 1,235        
Repurchases of common shares [1] (17,087)                         (17,087)   (17,087)        
Ending Balance (in shares) at Jun. 30, 2019         57,239,683                              
Ending Balance at Jun. 30, 2019 $ 1,836,388       $ 573   1,043,065   22,688   830,397     (60,112)   1,836,611     (223)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Stock repurchased (in shares)   132,993                                    
Repurchase of common stock (in shares) 271,340                                      
Beginning Balance (in shares) at Mar. 31, 2019         56,941,493                              
Beginning Balance at Mar. 31, 2019 $ 1,789,677       $ 569   1,038,494   2,256   800,511     (52,078)   1,789,752     (75)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income (loss) 35,969                   36,200         36,200     (231)  
Other comprehensive income (loss) 20,432               20,432             20,432        
Cash dividend (6,406)                   (6,406)         (6,406)        
Issuance of common stock including proceeds from exercise of common stock options (in shares)         298,190                              
Issuance of common stock including proceeds from exercise of common stock options 3,890       $ 4   3,886                 3,890        
Beneficial merger and related items 175           0       92         92     83  
Stock-based compensation expense 685           685                 685        
Repurchases of common shares [1] (8,034)                         (8,034)   (8,034)        
Ending Balance (in shares) at Jun. 30, 2019         57,239,683                              
Ending Balance at Jun. 30, 2019 $ 1,836,388       $ 573   1,043,065   22,688   830,397     (60,112)   1,836,611     (223)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Repurchase of common stock (in shares) 193,888                                      
Beginning Balance (in shares) at Dec. 31, 2019         57,435,658 57,435,658                            
Beginning Balance at Dec. 31, 2019 $ 1,849,491   $ (30,368) $ 1,819,123 $ 575 $ 575 1,049,064 $ 1,049,064 23,501 $ 23,501 917,377 $ (30,368) $ 887,009 (140,211) $ (140,211) 1,850,306 $ (30,368) $ 1,819,938 (815) $ (815)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income (loss) 2,756                   3,816         3,816     (1,060)  
Other comprehensive income (loss) 49,279               49,279             49,279        
Cash dividend (12,240)                   (12,240)         (12,240)        
Issuance of common stock including proceeds from exercise of common stock options (in shares)         97,578                              
Issuance of common stock including proceeds from exercise of common stock options 991       $ 1   990                 991        
Stock-based compensation expense 1,294           1,294                 1,294        
Repurchases of common shares (39,409) [2]           (670)             (38,739) [2]   (39,409) [2]        
Ending Balance (in shares) at Jun. 30, 2020         57,533,236                              
Ending Balance at Jun. 30, 2020 $ 1,821,794       $ 576   1,050,678   72,780   878,585     $ (178,950)   1,823,669     (1,875)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Stock repurchased (in shares)                           1,004,348            
Shares withheld for tax liabilities (in shares) 22,531                                      
Beginning Balance (in shares) at Mar. 31, 2020         57,506,298                              
Beginning Balance at Mar. 31, 2020 $ 1,833,419       $ 576   1,050,658   70,534   891,776     $ (178,950)   1,834,594     (1,175)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                        
Net income (loss) (7,811)                   (7,111)         (7,111)     (700)  
Other comprehensive income (loss) 2,246               2,246             2,246        
Cash dividend (6,080)                   (6,080)         (6,080)        
Issuance of common stock including proceeds from exercise of common stock options (in shares)         26,938                              
Issuance of common stock including proceeds from exercise of common stock options 0       $ 0   0                 0        
Stock-based compensation expense 690           690                 690        
Repurchases of common shares (670) [2]           (670)                 (670) [2]        
Ending Balance (in shares) at Jun. 30, 2020         57,533,236                              
Ending Balance at Jun. 30, 2020 $ 1,821,794       $ 576   $ 1,050,678   $ 72,780   $ 878,585     $ (178,950)   $ 1,823,669     $ (1,875)  
[1] Repurchase of common stock includes 271,340 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors, and 132,993 shares repurchased to cover taxes due on the consideration transferred in the Beneficial acquisition related to the vesting of unrestricted Beneficial stock awards.(2)Repurchase of common stock includes 193,888 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors.
[2] Repurchase of common stock includes 1,004,348 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors, and 22,531 shares withheld to cover tax liabilities.