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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets:    
Cash and due from banks $ 332,961 $ 1,046,992
Cash in non-owned ATMs 499,017 480,527
Interest-bearing deposits in other banks including collateral (restricted cash) of $4,650 at December 31, 2022 and $5,050 at December 31, 2021 5,280 5,420
Total cash, cash equivalents, and restricted cash 837,258 1,532,939
Investment securities, available for sale (amortized cost of $4,834,550 at December 31, 2022 and $5,249,882 at December 31, 2021) 4,093,060 5,205,311
Investment securities, held to maturity, net of allowance for credit losses of $10 at December 31, 2022 and $4 at December 31, 2021 (fair value $1,040,104 at December 31, 2022 and $94,131 at December 31, 2021) 1,111,619 90,642
Other investments 26,120 10,518
Loans held for sale at fair value 42,985 113,349
Loans and leases, net of allowance of $151,861 at December 31, 2022 and $94,507 at December 31, 2021 11,759,992 7,791,482
Bank-owned life insurance 101,935 33,099
Stock in Federal Home Loan Bank of Pittsburgh, at cost 24,116 6,073
Other real estate owned 833 2,320
Accrued interest receivable 74,448 41,596
Premises and equipment 115,603 87,295
Goodwill 883,637 472,828
Intangible assets 128,595 74,403
Other assets 714,554 315,472
Total assets 19,914,755 15,777,327
Deposits:    
Noninterest-bearing 5,739,647 4,565,143
Interest-bearing demand 10,463,922 8,674,919
Total deposits 16,203,569 13,240,062
Federal Home Loan Bank advances 350,000 0
Trust preferred borrowings 90,442 67,011
Senior and subordinated debt 248,169 147,939
Other borrowed funds 38,283 24,527
Accrued interest payable 5,174 736
Other liabilities 777,232 360,036
Total liabilities 17,712,869 13,840,311
Stockholders’ Equity:    
Common stock 0.01 par value, shares authorized of 90,000,000; shares issued of 75,921,997 at December 31, 2022 and 57,695,676 at December 31, 2021 759 577
Capital in excess of par value 1,974,210 1,058,997
Accumulated other comprehensive (loss) income (675,844) (37,768)
Retained earnings 1,411,243 1,224,614
Treasury stock at cost, 14,310,085 shares at December 31, 2022 and 10,086,936 shares at December 31, 2021 (505,255) (307,321)
Total stockholders’ equity of WSFS 2,205,113 1,939,099
Noncontrolling interest (3,227) (2,083)
Total stockholders’ equity 2,201,886 1,937,016
Total liabilities and stockholders’ equity $ 19,914,755 $ 15,777,327