XML 144 R126.htm IDEA: XBRL DOCUMENT v3.22.0.1
Parent Company Financial Information - Condensed Statements of Income (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income:      
Realized (loss) gain on sale of equity investment, net $ (706) $ 22,052 $ 0
Unrealized gains (losses) on equity investments, net 331 9,076 333
Other noninterest income 185,480 201,025 188,109
Total revenue 641,849 715,430 709,201
Expense:      
Interest expense 22,720 48,450 76,144
Other operating expense (456,369) (514,405) (521,092)
Net expenses (433,649) (465,955) (444,948)
Income before taxes 357,700 144,956 194,370
Income tax (benefit) provision 86,095 31,636 46,452
WSFS Financial Corporation      
Income:      
Interest income 357 356 5,589
Realized (loss) gain on sale of equity investment, net (706) 0 0
Unrealized gains (losses) on equity investments, net 5,389 (1,617) 3,646
Other noninterest income 4,759 208,762 240,408
Total revenue 9,799 207,501 249,643
Expense:      
Interest expense 7,771 6,748 7,490
Other operating expense 7,508 2,553 259
Net expenses 15,279 9,301 7,749
(Loss) income before equity in undistributed income of subsidiaries (5,480) 198,200 241,894
Equity in undistributed income (loss) of subsidiaries 276,208 (84,346) (92,020)
Income before taxes 270,728 113,854 149,874
Income tax (benefit) provision (714) (920) 1,065
Net income attributable to WSFS $ 271,442 $ 114,774 $ 148,809