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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 74,263 $ 73,344 $ 205,520 $ 138,213
Less: Net income (loss) attributable to noncontrolling interest 97 (38) 272 287
Net income attributable to WSFS 74,166 73,382 205,248 137,926
Net change in unrealized losses on investment securities available-for-sale        
Net unrealized losses arising during the period, net of tax benefit of $40,270, $63,954, $36,278, and $178,061, respectively (127,523) (202,520) (114,880) (563,860)
Net change in securities held-to-maturity        
Net change unrealized gains (losses) on available-for-sale securities reclassified to held-to-maturity, net of tax (benefit) expense of $(1,379), $(1,884), $(4,080), and $35,955, respectively(1) [1] 4,366 5,966 12,924 (113,858)
Net change in unfunded pension liability        
Change in unfunded pension liability related to unrealized gain and prior service cost, net of tax expense of $16, $10, $44, and $27, respectively (51) (31) (140) (86)
Net change in cash flow hedge        
Net unrealized loss arising during the period, net of tax benefit of $508, $—, $869, and $—, respectively (1,608) 0 (2,752) 0
Amortization of unrealized gain on terminated cash flow hedges, net of tax expense of $9, $13, $34, and $38, respectively (28) (41) (107) (120)
Net change in cash flow hedge (1,636) (41) (2,859) (120)
Net change in equity method investments        
Net change in other comprehensive income of equity method investments, net of tax expense of $61, $8, $28, and $67, respectively 192 25 88 213
Net current-period other comprehensive (loss) income (124,652) (196,601) (104,867) (677,711)
Total comprehensive (loss) income $ (50,486) $ (123,219) $ 100,381 $ (539,785)
[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 that were transferred in June 2022.