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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 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(1)
 (674)(674)
June 30, 2025$753,586 $131,638 $885,224 
(1)During the second quarter of 2025, the Company completed the sale of the WSFS Wealth Management, LLC (dba Powdermill Financial Solutions) business.
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
June 30, 2025
Core deposits$104,751 $(66,076)$38,675 10 years
Client relationships68,270 (22,136)46,134 
7-15 years
Loan servicing rights(1)
11,080 (6,467)4,613 
10-25 years
Tradename2,900  2,900 indefinite
Total intangible assets$187,001 $(94,679)$92,322 
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 $0.2 million and $0.3 million for the three and six months ended June 30, 2025, respectively.
(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
June 30, 2025
Core deposits$104,751 $(66,076)$38,675 10 years
Client relationships68,270 (22,136)46,134 
7-15 years
Loan servicing rights(1)
11,080 (6,467)4,613 
10-25 years
Tradename2,900  2,900 indefinite
Total intangible assets$187,001 $(94,679)$92,322 
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 $0.2 million and $0.3 million for the three and six months ended June 30, 2025, respectively.
(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)June 30, 2025
Remaining in 2025$8,086 
202615,546 
202715,030 
202814,359 
20297,121 
Thereafter29,280 
Total$89,422