Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 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 allocation of goodwill to our reportable operating segments for purposes of goodwill impairment testing:

(Dollars in thousands)	WSFS Bank			Cash Connect		Wealth Management		Consolidated Company
December 31, 2015	$	80,078		$	—	$	5,134	$	85,212
Goodwill from business combinations	65,206			—		15,009		80,215
Remeasurement adjustments	2,112			—		—		2,112
December 31, 2016	147,396			—		20,143		167,539
Goodwill from business combinations	—			—		—		—
Remeasurement adjustments	(1,588		)	—		56		(1,532		)
December 31, 2017	$	145,808		$	—	$	20,199	$	166,007

Summary of Other Intangible Assets

The following table summarizes our intangible assets:

(Dollars in thousands)	Gross Intangible Assets		Accumulated Amortization			Net Intangible Assets		Amortization Period
December 31, 2017
Core deposits	$	10,658	$	(4,263	)	$	6,395	10 years
Customer relationships	17,561		(4,214		)	13,347		7-15 years
Non-compete agreements	221		(57		)	164		5 years
Loan servicing rights	2,132		(1,191		)	941		10-30 years
Favorable lease asset	1,932		(342		)	1,590		10 months-18 years
Total other intangible assets	$	32,504	$	(10,067	)	$	22,437
December 31, 2016
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 other intangible assets	$	33,861	$	(10,153	)	$	23,708

Schedule of Estimated Amortization Expense of Intangibles

The following presents the estimated amortization expense of intangibles:

(Dollars in thousands)	Amortization of Intangibles
2018	$	2,986
2019	2,918
2020	2,722
2021	2,396
2022	2,334
Thereafter	9,081
Total	$	22,437