XML 162 R140.htm IDEA: XBRL DOCUMENT v3.20.4
Quarterly Financial Summary (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]                      
Interest income $ 131,297 $ 123,370 $ 125,883 $ 133,855 $ 137,350 $ 141,262 $ 142,903 $ 99,577 $ 514,405 $ 521,092 $ 292,973
Interest expense 8,296 10,322 12,127 17,705 19,781 20,429 19,671 16,263 48,450 76,144 46,499
Net interest income 123,001 113,048 113,756 116,150 117,569 120,833 123,232 83,314 465,955 444,948 246,474
Provision for credit losses (936) 2,716 94,754 56,646 1,590 4,121 12,195 7,654 153,180 25,560 13,170
Net interest income after provision for credit losses 123,937 110,332 19,002 59,504 115,979 116,712 111,037 75,660 312,775 419,388 233,304
Noninterest income 46,632 49,171 64,375 40,847 41,770 62,346 42,871 41,122 201,025 188,109 162,541
Noninterest expenses 93,373 93,540 93,435 88,496 98,126 109,561 107,848 97,592 368,844 413,127 225,047
Income before taxes 77,196 65,963 (10,058) 11,855 59,623 69,497 46,060 19,190 144,956 194,370 170,798
Income tax provision 17,455 15,140 (2,247) 1,288 14,199 15,902 10,091 6,260 31,636 46,452 36,055
Net income 59,741 50,823 (7,811) 10,567 45,424 53,595 35,969 12,930 113,320 147,918 134,743
Less: Net loss attributable to noncontrolling interest (72) (322) (700) (360) (280) (287) (231) (93) (1,454) (891) 0
Net income attributable to WSFS $ 59,813 $ 51,145 $ (7,111) $ 10,927 $ 45,704 $ 53,882 $ 36,200 $ 13,023 $ 114,774 $ 148,809 $ 134,743
Earnings Per Share [Abstract]                      
Basic (in dollars per share) $ 1.20 $ 1.01 $ (0.14) $ 0.21 $ 0.88 $ 1.02 $ 0.68 $ 0.34 $ 2.27 $ 3.02 $ 4.27
Diluted (in dollars per share) $ 1.20 $ 1.01 $ (0.14) $ 0.21 $ 0.88 $ 1.02 $ 0.68 $ 0.33 $ 2.27 $ 3.00 $ 4.19