XML 119 R103.htm IDEA: XBRL DOCUMENT v3.25.0.1
BORROWED FUNDS - Narrative (Details) - USD ($)
11 Months Ended 12 Months Ended
Jan. 01, 2022
Dec. 03, 2020
Dec. 14, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2005
Dec. 15, 2022
Repurchase Agreement Counterparty [Line Items]              
FHLB advances, weighted average interest rate (as a percent)       4.33%      
Stock in Federal Home Loan Bank of Pittsburgh, at cost       $ 11,805,000 $ 15,398,000    
Securities sold under agreements to repurchase       0 0    
Collateralized borrowings       23,100,000 586,000,000.0    
Other borrowed funds              
Repurchase Agreement Counterparty [Line Items]              
Outstanding borrowings       23,102,000 586,038,000    
Federal Reserve Bank of Philadelphia              
Repurchase Agreement Counterparty [Line Items]              
Loans and securities pledged as collateral       2,500,000,000 2,100,000,000    
Federal Reserve Bank of Philadelphia | Other borrowed funds              
Repurchase Agreement Counterparty [Line Items]              
Outstanding borrowings       $ 0 565,000,000.0    
SOFR              
Repurchase Agreement Counterparty [Line Items]              
Variable interest rate (as a percent)       2.41%      
WSFS Capital Trust III | Trust Preferred Borrowings | LIBOR              
Repurchase Agreement Counterparty [Line Items]              
Variable interest rate (as a percent)           1.77%  
Trusts              
Repurchase Agreement Counterparty [Line Items]              
Trust common securities owned $ 800,000            
Aggregate principal amount of Pooled Floating Rate Securities 12,500,000            
Floating rate common securities issued 400,000            
FHLB Advances              
Repurchase Agreement Counterparty [Line Items]              
Stock in Federal Home Loan Bank of Pittsburgh, at cost       $ 11,800,000 15,400,000    
Dividends from the FHLB       $ 1,500,000 1,100,000    
Junior Subordinated Debt              
Repurchase Agreement Counterparty [Line Items]              
Interest rate on unsecured debt (as a percent)       6.77%      
Junior Subordinated Debt | SOFR              
Repurchase Agreement Counterparty [Line Items]              
Variable interest rate (as a percent)       2.41%      
Junior Subordinated Debt | Trusts              
Repurchase Agreement Counterparty [Line Items]              
Trust capital securities issued 11,900,000            
Trust capital securities issued net 23,800,000            
Senior Notes 2030              
Repurchase Agreement Counterparty [Line Items]              
Interest rate on unsecured debt (as a percent)   2.75%          
Debt instrument, face amount   $ 150,000,000.0          
Redemption price (as a percent)   100.00%          
Debt issuance costs, gross       $ 148,600,000 148,400,000    
Senior Notes 2030 | SOFR              
Repurchase Agreement Counterparty [Line Items]              
Variable interest rate (as a percent)   2.485%          
Senior Notes 2025              
Repurchase Agreement Counterparty [Line Items]              
Debt instrument, face amount $ 30,000,000.0            
Senior Notes 2025 | LIBOR              
Repurchase Agreement Counterparty [Line Items]              
Variable interest rate (as a percent) 3.068%            
Senior Notes 2027              
Repurchase Agreement Counterparty [Line Items]              
Variable interest rate (as a percent)     4.25%        
Interest rate on unsecured debt (as a percent)             6.67%
Debt instrument, face amount $ 70,000,000.0            
Carrying value of securities purchased under agreements       $ 70,000,000.0 $ 70,000,000.0    
Senior Notes 2027 | SOFR              
Repurchase Agreement Counterparty [Line Items]              
Variable interest rate (as a percent) 2.31%            
Minimum              
Repurchase Agreement Counterparty [Line Items]              
FHLB advances, weighted average interest rate (as a percent)       3.77%      
Maximum              
Repurchase Agreement Counterparty [Line Items]              
FHLB advances, weighted average interest rate (as a percent)       4.72%