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Goodwill and Intangibles (Tables)
3 Months Ended
Mar. 31, 2017
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 changes in our goodwill during the quarter as well as the allocation of goodwill to our reportable operating segments for purposes of goodwill impairment testing:
 
 
 
WSFS
 
Cash
 
Wealth
 
Consolidated
(Dollars in thousands)
 
Bank
 
Connect
 
Management
 
Company
December 31, 2016
 
$
147,396

 
$

 
$
20,143

 
$
167,539

Remeasurement adjustments
 
(1,635
)
 

 
56

 
(1,579
)
Goodwill from business combinations
 

 

 

 

March 31, 2017
 
$
145,761

 
$

 
$
20,199

 
$
165,960

Summary of Other Intangible Assets
The following tables summarize other intangible assets:
 
 
 
March 31, 2017
(Dollars in thousands)
 
Gross Intangible Assets
 
Accumulated Amortization
 
Net Intangible Assets
 
Amortization Period
Core deposits
 
$
10,658

 
$
(3,440
)
 
$
7,218

 
10 years
Customer relationships
 
17,561

 
(3,013
)
 
14,548

 
7-15 years
Non-compete agreements
 
221

 
(24
)
 
197

 
5 years
Loan servicing rights
 
1,821

 
(1,092
)
 
729

 
10-30 years
Favorable lease asset
 
1,932

 
(212
)
 
1,720

 
10 months-18 years
Total intangible assets
 
$
32,193

 
$
(7,781
)
 
$
24,412

 
 
 
 
December 31, 2016
(Dollars in thousands)
 
Gross Intangible Assets
 
Accumulated Amortization
 
Net Intangible Assets
 
Amortization Period
Core deposits
 
$
13,128

 
$
(5,630
)
 
$
7,498

 
10 years
Customer relationships
 
17,561

 
(2,612
)
 
14,949

 
7-15 years
Non-compete agreements
 
1,006

 
(728
)
 
278

 
6 months- 5 years
Loan servicing rights
 
1,708

 
(1,067
)
 
641

 
10-30 years
Favorable lease asset
 
458

 
(116
)
 
342

 
10 months-15 years
Total intangible assets
 
$
33,861

 
$
(10,153
)
 
$
23,708

 
 
Schedule of Estimated Amortization Expense of Intangibles
The following table shows the estimated future amortization expense related to our intangible assets:
 
(Dollars in thousands)
 
Amortization
of Intangibles
Remaining in 2017
 
$
2,287

2018
 
2,965

2019
 
2,897

2020
 
2,701

2021
 
2,329

Thereafter
 
11,233

Total
 
$
24,412