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Goodwill and Intangibles (Tables)
6 Months Ended
Jun. 30, 2016
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 our reportable operating segments for purposes of goodwill impairment testing:

 

(In Thousands)    WSFS
Bank
     Cash
Connect
     Wealth
Management
     Consolidated
Company
 

December 31, 2015

   $  80,078      $ —         $  5,134      $  85,212  

Changes in goodwill

     (360      —          —          (360
  

 

 

    

 

 

    

 

 

    

 

 

 

June 30, 2016

   $ 79,718      $ —        $ 5,134      $ 84,852  
  

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Other Intangible Assets

The following table summarizes other intangible assets:

 

(In Thousands)    Gross
Intangible
Assets
     Accumulated
Amortization
     Net
Intangible
Assets
 

June 30, 2016

        

Core deposits

   $  10,245      $ (5,067    $ 5,178  

CB&T intangibles

     3,142        (1,279      1,863  

Array and Arrow intangibles

     2,353        (1,022      1,331  

Mortgage servicing rights

     1,508        (1,013      495  

Alliance intangible assets

     650        (296      354  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 17,898      $ (8,677    $ 9,221  
  

 

 

    

 

 

    

 

 

 

December 31, 2015

        

Core deposits

   $ 10,246      $ (4,512    $ 5,734  

CB&T intangibles

     3,142        (1,181      1,961  

Array and Arrow intangibles

     2,353        (847      1,506  

Mortgage servicing rights

     1,430        (949      481  

Alliance intangible assets

     511        (110      401  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 17,682      $ (7,599    $ 10,083  
  

 

 

    

 

 

    

 

 

 
Schedule of Estimated Amortization Expense of Intangibles

The following presents the estimated amortization expense of intangibles:

 

(In Thousands)    Amortization
of Intangibles
 

Remaining in 2016

   $ 922  

2017

     1,577  

2018

     1,440  

2019

     1,372  

2020

     1,048  

Thereafter

     2,862  
  

 

 

 

Total

   $ 9,221