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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets:    
Cash and due from banks $ 787,729 $ 629,310
Cash in non-owned ATMs 186,522 458,889
Interest-bearing deposits in other banks including collateral (restricted cash) of $2,453 at March 31, 2024 and $4,270 at December 31, 2023 2,820 4,701
Total cash, cash equivalents, and restricted cash 977,071 1,092,900
Investment securities, available-for-sale (amortized cost of $4,444,676 at March 31, 2024 and $4,504,342 at December 31, 2023 3,734,229 3,846,537
Investment securities, held-to-maturity, net of allowance for credit losses of $8 at March 31, 2024 and December 31, 2023 (fair value $949,727 at March 31, 2024 and $985,931 at December 31, 2023) 1,049,807 1,058,557
Other investments 17,051 17,434
Loans, held for sale at fair value 26,858 29,268
Loans and leases, net of allowance for credit losses of $192,629 at March 31, 2024 and $186,126 at December 31, 2023 12,790,128 12,583,202
Bank owned life insurance 42,708 42,762
Stock in Federal Home Loan Bank (FHLB) of Pittsburgh at cost 15,526 15,398
Other real estate owned 1,210 1,569
Accrued interest receivable 88,310 85,979
Premises and equipment 104,617 104,484
Goodwill and intangible assets 1,000,344 1,004,560
Other assets 731,389 712,022
Total assets 20,579,248 20,594,672
Deposits:    
Noninterest-bearing 4,652,875 4,917,297
Interest-bearing 11,534,329 11,556,789
Total deposits 16,187,204 16,474,086
Trust preferred borrowings 90,687 90,638
Senior and subordinated debt 218,458 218,400
Other borrowed funds 815,813 586,038
Accrued interest payable 37,911 46,684
Other liabilities 763,553 709,011
Total liabilities 18,113,626 18,124,857
Stockholders’ Equity:    
Common stock $0.01 par value, 90,000,000 shares authorized; issued 76,133,596 at March 31, 2024 and 76,095,094 at December 31, 2023 761 761
Capital in excess of par value 1,987,800 1,984,746
Accumulated other comprehensive loss (636,907) (593,991)
Retained earnings 1,700,349 1,643,657
Treasury stock at cost, 16,049,631 shares at March 31, 2024 and 15,557,263 shares at December 31, 2023 (578,522) (557,537)
Total stockholders’ equity of WSFS 2,473,481 2,477,636
Noncontrolling interest (7,859) (7,821)
Total stockholders' equity 2,465,622 2,469,815
Total liabilities and stockholders' equity $ 20,579,248 $ 20,594,672