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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Statement of Comprehensive Income [Abstract]        
Net income $ 73,344 $ 54,452 $ 138,213 $ 215,204
Less: Net (loss) income attributable to noncontrolling interest (38) 46 287 49
Net income attributable to WSFS 73,382 54,406 137,926 215,155
Net change in unrealized (losses) gains on investment securities available-for-sale        
Net unrealized losses arising during the period, net of tax benefit of $63,954, $8,094, $178,061 and $22,457, respectively (202,520) (25,639) (563,860) (71,124)
Less: reclassification adjustment for net gains on sales realized in net income, net of tax expense of $—, $1, $— and $80, respectively 0 (2) 0 (252)
Net change in unrealized gains (losses) on investment securities available-for-sale (202,520) (25,641) (563,860) (71,376)
Net change in securities held-to-maturity        
Net change in unrealized loss on available-for-sale securities reclassified to held-to-maturity, net of tax benefit of $36,520, $9 , $36,529 and $23, respectively [1] 5,966 (29) (113,858) (73)
Net change in unfunded pension liability        
Change in unfunded pension liability related to unrealized loss, prior service cost and transition obligation, net of tax benefit of $10, 7, $27 and 20, respectively (31) (23) (86) (63)
Net change in cash flow hedge        
Amortization of unrealized gain on terminated cash flow hedges, net of tax benefit of $13, $36, $38 and $106, respectively (41) (113) (120) (336)
Net change in equity method investments        
Net change in other comprehensive income of equity method investments, net of tax expense of $8, $26, $67 and $112, respectively 25 82 213 355
Net current-period other comprehensive (loss) income (196,601) (25,724) (677,711) (71,493)
Total comprehensive (loss) income $ (123,219) $ 28,682 $ (539,785) $ 143,662
[1] Includes $119.8 million, net of tax benefit, of unrealized losses on transferred investment securities with a book value of $1.1 billion from available-for-sale to held-to-maturity for the nine months ended September 30, 2022.