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Goodwill and Intangibles (Tables)
6 Months Ended
Jun. 30, 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
 
(1,588
)
 

 
56

 
(1,532
)
June 30, 2017
 
$
145,808

 
$

 
$
20,199

 
$
166,007

Summary of Other Intangible Assets
The following tables summarize other intangible assets:
 
 
 
June 30, 2017
(Dollars in thousands)
 
Gross Intangible Assets
 
Accumulated Amortization
 
Net Intangible Assets
 
Amortization Period
Core deposits
 
$
10,658

 
$
(3,720
)
 
$
6,938

 
10 years
Customer relationships
 
17,561

 
(3,413
)
 
14,148

 
7-15 years
Non-compete agreements
 
221

 
(35
)
 
186

 
5 years
Loan servicing rights
 
2,135

 
(1,103
)
 
1,032

 
10-30 years
Favorable lease asset
 
1,932

 
(260
)
 
1,672

 
10 months-18 years
Total intangible assets
 
$
32,507

 
$
(8,531
)
 
$
23,976

 
 
 
 
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
 
$
1,525

2018
 
2,986

2019
 
2,918

2020
 
2,722

2021
 
2,396

Thereafter
 
11,429

Total
 
$
23,976