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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 164,021 $ 134,939
Cash in non-owned ATMs 407,524 484,648
Interest-bearing deposits in other banks including collateral of $0 at December 31, 2019 and $1,000 at December 31, 2018 207 1,170
Total cash and cash equivalents 571,752 620,757
Investment securities, available for sale (amortized cost of $1,909,483 at December 31, 2019 and $1,224,227 at December 31, 2018) 1,944,914 1,205,079
Investment securities, held to maturity, at cost (fair value $136,625 at December 31, 2019 and $149,431 at December 31, 2018) 133,601 149,950
Other investments 70,046 37,233
Loans held for sale at fair value 83,872 25,318
Loans and leases, net of allowance of $47,576 at December 31, 2019 and $39,539 at December 31, 2018 8,424,464 4,863,919
Bank-owned life insurance 30,294 6,687
Stock in Federal Home Loan Bank of Pittsburgh, at cost 21,097 19,259
Other real estate owned 2,605 2,668
Accrued interest receivable 38,094 22,001
Premises and equipment 104,465 44,956
Goodwill 472,828 166,007
Intangible assets 95,917 20,016
Other assets 262,353 65,020
Total assets 12,256,302 7,248,870
Deposits:    
Noninterest-bearing 2,189,573 1,626,252
Interest-bearing demand 7,397,284 4,014,179
Total deposits 9,586,857 5,640,431
Federal funds purchased 195,000 157,975
Federal Home Loan Bank advances 112,675 328,465
Trust preferred borrowings 67,011 67,011
Senior debt 98,605 98,388
Other borrowed funds 15,997 47,949
Accrued interest payable 3,103 1,900
Other liabilities 327,563 85,831
Total liabilities 10,406,811 6,427,950
Stockholders’ Equity:    
Common stock 0.01 par value, shares authorized of 90,000,000 at December 31, 2019 and 65,000,000 December 31, 2018; shares issued of 57,435,658 at December 31, 2019 and 56,926,978 at December 31, 2018 575 569
Capital in excess of par value 1,049,064 349,810
Accumulated other comprehensive income (loss) 23,501 (15,394)
Retained earnings 917,377 791,031
Treasury stock at cost, 5,868,772 shares at December 31, 2019 and 25,552,887 shares at December 31, 2018 (140,211) (305,096)
Total stockholders’ equity of WSFS 1,850,306 820,920
Noncontrolling interest (815) 0
Total stockholders’ equity 1,849,491 820,920
Total liabilities and stockholders’ equity $ 12,256,302 $ 7,248,870
Common stock, shares authorized (in shares) 90,000,000 65,000,000