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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 1,244,705 $ 164,021
Cash in non-owned ATMs 402,339 407,524
Interest-bearing deposits in other banks including collateral (restricted cash) of $7,390 at December 31, 2020 and $0 at December 31, 2019 7,691 207
Total cash, cash equivalents, and restricted cash 1,654,735 571,752
Investment securities, available for sale (amortized cost of $2,450,265 at December 31, 2020 and $1,909,483 at December 31, 2019) 2,529,057 1,944,914
Investment securities, held to maturity, net of allowance for credit losses of $6 at December 31, 2020 (fair value $116,421 at December 31, 2020 and $136,625 at December 31, 2019) 111,741 133,601
Other investments 9,541 70,046
Loans held for sale at fair value 197,541 83,872
Loans and leases, net of allowance of $228,804 at December 31, 2020 and $47,576 at December 31, 2019 8,795,935 8,424,464
Bank-owned life insurance 32,051 30,294
Stock in Federal Home Loan Bank of Pittsburgh, at cost 5,771 21,097
Other real estate owned 3,061 2,605
Accrued interest receivable 44,335 38,094
Premises and equipment 96,556 104,465
Goodwill 472,828 472,828
Intangible assets 84,558 95,917
Other assets 296,204 262,353
Total assets 14,333,914 12,256,302
Deposits:    
Noninterest-bearing 3,415,021 2,189,573
Interest-bearing demand 8,441,643 7,397,284
Total deposits 11,856,664 9,586,857
Federal funds purchased 0 195,000
Federal Home Loan Bank advances 6,623 112,675
Trust preferred borrowings 67,011 67,011
Senior debt 246,617 98,605
Other borrowed funds 20,390 15,997
Accrued interest payable 1,450 3,103
Other liabilities 345,679 327,563
Total liabilities 12,544,434 10,406,811
Stockholders’ Equity:    
Common stock 0.01 par value, shares authorized of 90,000,000; shares issued of 57,575,783 at December 31, 2020 and 57,435,658 at December 31, 2019 576 575
Capital in excess of par value 1,053,022 1,049,064
Accumulated other comprehensive income 56,007 23,501
Retained earnings 977,414 917,377
Treasury stock at cost, 9,819,627 shares at December 31, 2020 and 5,868,772 shares at December 31, 2019 (295,293) (140,211)
Total stockholders’ equity of WSFS 1,791,726 1,850,306
Noncontrolling interest (2,246) (815)
Total stockholders’ equity 1,789,480 1,849,491
Total liabilities and stockholders’ equity $ 14,333,914 $ 12,256,302
Common stock, shares authorized (in shares) 90,000,000 90,000,000