STOCKHOLDERS' EQUITY AND REGULATORY CAPITAL (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of Capital Position

The following table presents the capital position of the Bank and the Company as of December 31, 2023 and 2022:

 

	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, 2023
Total Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	$	2,382,514	14.96	%	$	1,273,856	8.00	%	$	1,592,320	10.00	%
WSFS Financial Corporation	2,426,577		15.23		1,274,611		8.00		1,593,264		10.00
Tier 1 Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	2,184,193		13.72		955,392		6.00		1,273,856		8.00
WSFS Financial Corporation	2,098,403		13.17		955,958		6.00		1,274,611		8.00
Common Equity Tier 1 Capital (to risk-weighted assets)
Wilmington Savings Fund Society, FSB	2,184,193		13.72		716,544		4.50		1,035,008		6.50
WSFS Financial Corporation	2,098,403		13.17		716,969		4.50		1,035,621		6.50
Tier 1 Leverage Capital
Wilmington Savings Fund Society, FSB	2,184,193		10.92		800,021		4.00		1,000,026		5.00
WSFS Financial Corporation	2,098,403		10.48		800,934		4.00		1,001,168		5.00
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