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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 1,046,992 $ 1,244,705
Cash in non-owned ATMs 480,527 402,339
Interest-bearing deposits in other banks including collateral (restricted cash) of $5,050 at December 31, 2021 and $7,390 at December 31, 2020 5,420 7,691
Total cash, cash equivalents, and restricted cash 1,532,939 1,654,735
Investment securities, available for sale (amortized cost of $5,249,882 at December 31, 2021 and $2,450,265 at December 31, 2020) 5,205,311 2,529,057
Investment securities, held to maturity, net of allowance for credit losses of $4 at December 31, 2021 and $6 at December 31, 2020 (fair value $94,131 at December 31, 2021 and $116,421 at December 31, 2020) 90,642 111,741
Other investments 10,518 9,541
Loans held for sale at fair value 113,349 197,541
Loans and leases, net of allowance of $94,507 at December 31, 2021 and $228,804 at December 31, 2020 7,791,482 8,795,935
Bank-owned life insurance 33,099 32,051
Stock in Federal Home Loan Bank of Pittsburgh, at cost 6,073 5,771
Other real estate owned 2,320 3,061
Accrued interest receivable 41,596 44,335
Premises and equipment 87,295 96,556
Goodwill 472,828 472,828
Intangible assets 74,403 84,558
Other assets 315,472 296,204
Total assets 15,777,327 14,333,914
Deposits:    
Noninterest-bearing 4,565,143 3,415,021
Interest-bearing demand 8,674,919 8,441,643
Total deposits 13,240,062 11,856,664
Federal Home Loan Bank advances 0 6,623
Trust preferred borrowings 67,011 67,011
Senior debt 147,939 246,617
Other borrowed funds 24,527 20,390
Accrued interest payable 736 1,450
Other liabilities 360,036 345,679
Total liabilities 13,840,311 12,544,434
Stockholders’ Equity:    
Common stock 0.01 par value, shares authorized of 90,000,000; shares issued of 57,695,676 at December 31, 2021 and 57,575,783 at December 31, 2020 577 576
Capital in excess of par value 1,058,997 1,053,022
Accumulated other comprehensive (loss) income (37,768) 56,007
Retained earnings 1,224,614 977,414
Treasury stock at cost, 10,086,936 shares at December 31, 2021 and 9,819,627 shares at December 31, 2020 (307,321) (295,293)
Total stockholders’ equity of WSFS 1,939,099 1,791,726
Noncontrolling interest (2,083) (2,246)
Total stockholders’ equity 1,937,016 1,789,480
Total liabilities and stockholders’ equity $ 15,777,327 $ 14,333,914