Goodwill and Intangibles (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2017 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		)
September 30, 2017	$	145,808		$	—	$	20,199	$	166,007

Summary of Other Intangible Assets

The following tables summarize other intangible assets:

	September 30, 2017
(Dollars in thousands)	Gross Intangible Assets		Accumulated Amortization			Net Intangible Assets		Amortization Period
Core deposits	$	10,658	$	(3,997	)	$	6,661	10 years
Customer relationships	17,560		(3,813		)	13,747		7-15 years
Non-compete agreements	221		(46		)	175		5 years
Loan servicing rights	2,056		(1,161		)	895		10-30 years
Favorable lease asset	1,932		(301		)	1,631		10 months-18 years
Total intangible assets	$	32,427	$	(9,318	)	$	23,109

	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	$	757
2018	2,986
2019	2,918
2020	2,722
2021	2,396
Thereafter	11,330
Total	$	23,109