Segment Information (Tables)

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Details of Segment Information

Segment information for the three months ended March 31, 2013 and 2012 follows:

For the three months ended March 31, 2013

	WSFS Bank		Cash Connect		Trust & Wealth Management			Total
	(In Thousands)
External customer revenues:
Interest income	$	33,600	$	—	$	1,991		$	35,591
Noninterest income		9,227		5,027		3,820			18,074
Total external customer revenues		42,827		5,027		5,811			53,665
Inter-segment revenues:
Interest income		903		—		1,431			2,334
Noninterest income		1,650		200		26			1,876
Total inter-segment revenues		2,553		200		1,457			4,210
Total revenue		45,380		5,227		7,268			57,875
External customer expenses:
Interest expense		3,840		—		171			4,011
Noninterest expenses		26,430		2,992		2,948			32,370
Provision for loan loss		2,246		—		(15	)		2,231
Total external customer expenses		32,516		2,992		3,104			38,612
Inter-segment expenses
Interest expense		1,431		371		532			2,334
Noninterest expenses		226		550		1,100			1,876
Total inter-segment expenses		1,657		921		1,632			4,210
Total expenses		34,173		3,913		4,736			42,822
Income before taxes	$	11,207	$	1,314	$	2,532		$	15,053
Provision for income taxes									5,313
Consolidated net income								$	9,740
As of March 31, 2013
Cash and cash equivalents	$	53,517	$	474,842	$	2,253		$	530,612
Other segment assets		3,640,122		2,943		180,966			3,824,031
Total segment assets	$	3,693,639	$	477,785	$	183,219		$	4,354,643
Capital expenditures	$	773	$	183	$	—		$	956

For the three months ended March 31, 2012

	WSFS Bank		Cash Connect		Trust & Wealth Management			Total
	(In Thousands)
External customer revenues:
Interest income	$	37,036	$	—	$	2,187		$	39,223
Noninterest income		9,528		4,074		3,156			16,758
Total external customer revenues		46,564		4,074		5,343			55,981
Inter-segment revenues:
Interest income		960		—		1,227			2,187
Noninterest income		2,061		173		—			2,234
Total inter-segment revenues		3,021		173		1,227			4,421
Total revenue		49,585		4,247		6,570			60,402
External customer expenses:
Interest expense		6,475		—		218			6,693
Noninterest expenses		26,338		1,972		2,679			30,989
Provision for loan loss		8,296		—		(51	)		8,245
Total external customer expenses		41,109		1,972		2,846			45,927
Inter-segment expenses
Interest expense		1,227		334		626			2,187
Noninterest expenses		173		525		1,536			2,234
Total inter-segment expenses		1,400		859		2,162			4,421
Total expenses		42,509		2,831		5,008			50,348
Income (loss) before taxes	$	7,076	$	1,416	$	1,562		$	10,054
Provision for income taxes									3,610
Consolidated net income				.				$	6,444
As of December 31, 2012
Cash and cash equivalents	$	68,419	$	430,382	$	2,086		$	500,887
Other segment assets		3,683,073		1,605		189,583			3,874,261
Total segment assets	$	3,751,492	$	431,987	$	191,669		$	4,375,148
Capital expenditures	$	1,713	$	156	$	64		$	1,933