SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2018

The following table shows segment results for the three months ended March 31, 2018 and 2017:



	Three months ended March 31, 2018									Three months ended March 31, 2017
(Dollars in thousands)	WSFS Bank		Cash Connect^®		Wealth Management			Total		WSFS Bank		Cash Connect^®		Wealth Management		Total
Statements of Income
External customer revenues:
Interest income	$	65,290	$	—	$	2,323		$	67,613	$	58,688	$	—	$	2,138	$	60,826
Noninterest income	26,606		11,353		9,508			47,467		10,167		9,677		8,248		28,092
Total external customer revenues	91,896		11,353		11,831			115,080		68,855		9,677		10,386		88,918
Inter-segment revenues:
Interest income	2,968		—		2,363			5,331		1,996		—		2,065		4,061
Noninterest income	2,108		181		34			2,323		2,164		191		36		2,391
Total inter-segment revenues	5,076		181		2,397			7,654		4,160		191		2,101		6,452
Total revenue	96,972		11,534		14,228			122,734		73,015		9,868		12,487		95,370
External customer expenses:
Interest expense	9,503		—		396			9,899		7,463		—		260		7,723
Noninterest expenses	39,435		7,319		6,658			53,412		38,960		6,135		6,411		51,506
Provision for loan losses	3,661		—		(11		)	3,650		1,716		—		446		2,162
Total external customer expenses	52,599		7,319		7,043			66,961		48,139		6,135		7,117		61,391
Inter-segment expenses:
Interest expense	2,363		2,059		909			5,331		2,065		1,405		591		4,061
Noninterest expenses	215		672		1,436			2,323		227		715		1,449		2,391
Total inter-segment expenses	2,578		2,731		2,345			7,654		2,292		2,120		2,040		6,452
Total expenses	55,177		10,050		9,388			74,615		50,431		8,255		9,157		67,843
Income before taxes	$	41,795	$	1,484	$	4,840		$	48,119	$	22,584	$	1,613	$	3,330	$	27,527
Income tax provision								10,769								8,590
Consolidated net income								$	37,350							$	18,937

The following table shows significant components of segment net assets as of March 31, 2018 and December 31, 2017:



	March 31, 2018								December 31, 2017
(Dollars in thousands)	WSFS Bank		Cash Connect^®		Wealth Management		Total		WSFS Bank		Cash Connect^®		Wealth Management		Total
Statements of Financial Condition
Cash and cash equivalents	$	112,124	$	588,862	$	10,103	$	711,089	$	104,530	$	611,385	$	7,951	$	723,866
Goodwill	145,808		—		20,199		166,007		145,808		—		20,199		166,007
Other segment assets	5,880,317		6,717		223,801		6,110,835		5,882,910		6,078		220,679		6,109,667
Total segment assets	$	6,138,249	$	595,579	$	254,103	$	6,987,931	$	6,133,248	$	617,463	$	248,829	$	6,999,540
Capital expenditures	$	2,070	$	32	$	122	$	2,224	$	8,197	$	184	$	613	$	8,994