XML 47 R37.htm IDEA: XBRL DOCUMENT v3.25.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Allocation of Goodwill to our Reportable Operating Segments for Purposes of Goodwill Impairment Testing
The following table shows the allocation of goodwill to the reportable operating segments for purposes of goodwill impairment testing:

(Dollars in thousands)WSFS
Bank		Wealth
and Trust		Consolidated
Company
December 31, 2024$753,586 $132,312 $885,898 
Goodwill adjustments— — — 
March 31, 2025$753,586 $132,312 $885,898 
Schedule of Finite-Lived Intangible Assets The following table summarizes the Company's intangible assets:
(Dollars in thousands)Gross
Intangible
Assets		Accumulated
Amortization		Net
Intangible
Assets		Amortization Period
March 31, 2025
Core deposits$104,751 $(63,538)$41,213 10 years
Client relationships73,880 (24,946)48,934 
7-15 years
Loan servicing rights(1)
11,137 (6,200)4,937 
10-25 years
Tradename2,900 — 2,900 indefinite
Total intangible assets$192,668 $(94,684)$97,984 
December 31, 2024
Core deposits$104,751 $(60,999)$43,752 10 years
Client relationships73,880 (23,588)50,292 
7-15 years
Loan servicing rights(2)
11,220 (5,901)5,319 
10-25 years
Tradename2,900 — 2,900 indefinite
Total intangible assets$192,751 $(90,488)$102,263 
(1)Includes impairment losses of less than $0.1 million for the three months ended March 31, 2025.
(2)Includes reversal of impairment losses of $0.6 million for the year ended December 31, 2024.
Schedule of Indefinite-Lived Intangible Assets The following table summarizes the Company's intangible assets:
(Dollars in thousands)Gross
Intangible
Assets		Accumulated
Amortization		Net
Intangible
Assets		Amortization Period
March 31, 2025
Core deposits$104,751 $(63,538)$41,213 10 years
Client relationships73,880 (24,946)48,934 
7-15 years
Loan servicing rights(1)
11,137 (6,200)4,937 
10-25 years
Tradename2,900 — 2,900 indefinite
Total intangible assets$192,668 $(94,684)$97,984 
December 31, 2024
Core deposits$104,751 $(60,999)$43,752 10 years
Client relationships73,880 (23,588)50,292 
7-15 years
Loan servicing rights(2)
11,220 (5,901)5,319 
10-25 years
Tradename2,900 — 2,900 indefinite
Total intangible assets$192,751 $(90,488)$102,263 
(1)Includes impairment losses of less than $0.1 million for the three months ended March 31, 2025.
(2)Includes reversal of impairment losses of $0.6 million for the year ended December 31, 2024.
Schedule of Estimated Amortization Expense of Intangibles
The following table presents the estimated future amortization expense on definite life intangible assets:
(Dollars in thousands)March 31, 2025
Remaining in 2025$12,424 
202615,889 
202715,400 
202814,559 
20297,069 
Thereafter29,743 
Total$95,084