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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]      
Net income $ 269,025 $ 222,648 $ 271,605
Less: Net (loss) gain attributable to noncontrolling interest (131) 273 163
Net income attributable to WSFS 269,156 222,375 271,442
Net change in unrealized gains (losses) on investment securities available-for-sale      
Net unrealized gains (losses) arising during the period, net of tax expense (benefit) of $20,085, $(167,261), and $(29,523), respectively 63,601 (529,660) (93,503)
Less: reclassification adjustment for net gains on sales realized in net income, net of tax expense of $—, $—, and $80, respectively 0 0 (252)
Net change in unrealized gains (losses) on investment securities available-for-sale 63,601 (529,660) (93,755)
Net change in securities held-to-maturity      
Net change in unrealized gains (losses) on securities reclassified to held-to-maturity, net of tax (benefit) expense of $(5,361), $34,319, and $32, respectively(1)(2) [1],[2] 16,980 (108,678) (101)
Net change in unfunded pension liability      
Change in unfunded pension liability related to unrealized (loss) gain and prior service cost, net of tax expense (benefit) of $1, $(5), and $50, respectively (132) 209 97
Net change in cash flow hedge      
Net unrealized gain arising during the period, net of tax expense of $504, $—, and $—, respectively 1,596 0 0
Amortization of unrealized gain on terminated cash flow hedges, net of tax benefit of $34, $51 and $119, respectively (107) (160) (378)
Net change in cash flow hedge 1,489 (160) (378)
Net change in equity method investments      
Net change in other comprehensive (loss) income of equity method investments, net of tax (benefit) expense of $(27), $67, and $114, respectively (85) 213 362
Total other comprehensive income (loss) 81,853 (638,076) (93,775)
Total comprehensive income (loss) $ 351,009 $ (415,701) $ 177,667
[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.
[2] Includes amortization of unrealized gains and losses on securities reclassified to held-to-maturity.