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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Allocation of Goodwill to Our Reportable Operating Segments for Purposes of Goodwill Impairment Testing
The following table shows the allocation of goodwill to the reportable operating segments for purposes of goodwill impairment testing: 
(Dollars in thousands)WSFS
Bank
Cash
Connect
Wealth
Management
Consolidated
Company
December 31, 2019$452,629 $— $20,199 $472,828 
Goodwill adjustments    
September 30, 2020$452,629 $ $20,199 $472,828 
Summary of Other Intangible Assets
The following table summarizes the Company's intangible assets:
(Dollars in thousands)Gross
Intangible
Assets
Accumulated
Amortization
Net
Intangible
Assets
Amortization Period
September 30, 2020
Core deposits$95,711 $(20,384)$75,327 10 years
Customer relationships15,281 (6,281)9,000 
7-15 years
Non-compete agreements221 (179)42 5 years
Loan servicing rights(1)
4,819 (2,210)2,609 
10-25 years
Total intangible assets$116,032 $(29,054)$86,978 
December 31, 2019
Core deposits$95,711 $(13,326)$82,385 10 years
Customer relationships17,561 (7,416)10,145 
7-15 years
Non-compete agreements221 (146)75 5 years
Loan servicing rights(2)
4,880 (1,568)3,312 
10-25 years
Total intangible assets$118,373 $(22,456)$95,917 
(1)Includes reversal of impairment losses of $0.1 million and impairment losses of $0.3 million for the three and nine months ended September 30, 2020, respectively.
(2)Includes impairment losses of $0.5 million for the year ended December 31, 2019
Schedule of Estimated Amortization Expense of Intangibles
The following table presents the estimated future amortization expense on intangible assets:  
(Dollars in thousands)September 30, 2020
Remaining in 2020$2,875 
202111,289 
202211,073 
202310,914 
202410,739 
Thereafter40,088 
Total$86,978