STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Schedule of Capital Position

The following table presents the capital position of the Bank and the Company as of December 31, 2022 and 2021:

 

	Consolidated Capital				Minimum For Capital Adequacy Purposes				To Be Well-Capitalized Under Prompt Corrective Action Provisions
(Dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
December 31, 2022
Total Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	$	2,157,846	13.84	%	$	1,246,886	8.00	%	$	1,558,608	10.00	%
WSFS Financial Corporation	2,219,920		14.20		1,250,689		8.00		1,563,361		10.00
Tier 1 Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	2,003,779		12.86		935,165		6.00		1,246,886		8.00
WSFS Financial Corporation	1,910,195		12.22		938,017		6.00		1,250,689		8.00
Common Equity Tier 1 Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	2,003,779		12.86		701,373		4.50		1,013,095		6.50
WSFS Financial Corporation	1,910,195		12.22		703,512		4.50		1,016,185		6.50
Tier 1 Leverage Capital
Wilmington Savings Fund Society, FSB	2,003,779		10.29		779,288		4.00		974,110		5.00
WSFS Financial Corporation	1,910,195		9.79		780,333		4.00		975,416		5.00
December 31, 2021
Total Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	$	1,639,708	15.91	%	$	824,687	8.00	%	$	1,030,858	10.00	%
WSFS Financial Corporation	1,610,964		15.59		826,839		8.00		1,033,548		10.00
Tier 1 Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	1,557,142		15.11		618,515		6.00		824,687		8.00
WSFS Financial Corporation	1,528,398		14.79		620,129		6.00		826,839		8.00
Common Equity Tier 1 Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	1,557,142		15.11		463,886		4.50		670,058		6.50
WSFS Financial Corporation	1,463,398		14.16		465,097		4.50		671,806		6.50
Tier 1 Leverage Capital
Wilmington Savings Fund Society, FSB	1,557,142		10.44		596,711		4.00		745,889		5.00
WSFS Financial Corporation	1,528,398		10.24		597,179		4.00		746,473		5.00