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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets:    
Cash and due from banks $ 618,446 $ 629,310
Cash in non-owned ATMs 400,482 458,889
Interest-bearing deposits in other banks including collateral (restricted cash) of $2,330 at June 30, 2024 and $4,270 at December 31, 2023 2,788 4,701
Total cash, cash equivalents, and restricted cash 1,021,716 1,092,900
Investment securities, available-for-sale (amortized cost of $4,374,333 at June 30, 2024 and $4,504,342 at December 31, 2023 3,651,913 3,846,537
Investment securities, held-to-maturity, net of allowance for credit losses of $7 at June 30, 2024 and $8 at December 31, 2023 (fair value $929,668 at June 30, 2024 and $985,931 at December 31, 2023) 1,038,854 1,058,557
Other investments 16,778 17,434
Loans, held for sale at fair value 54,608 29,268
Loans and leases, net of allowance for credit losses of $198,253 at June 30, 2024 and $186,126 at December 31, 2023 12,945,948 12,583,202
Bank owned life insurance 36,090 42,762
Stock in Federal Home Loan Bank (FHLB) of Pittsburgh at cost 16,638 15,398
Other real estate owned 1,342 1,569
Accrued interest receivable 88,878 85,979
Premises and equipment 104,020 104,484
Goodwill and intangible assets 996,181 1,004,560
Other assets 771,564 712,022
Total assets 20,744,530 20,594,672
Deposits:    
Noninterest-bearing 4,782,920 4,917,297
Interest-bearing 11,508,161 11,556,789
Total deposits 16,291,081 16,474,086
FHLB advances 22,306 0
Trust preferred borrowings 90,736 90,638
Senior and subordinated debt 218,515 218,400
Other borrowed funds 810,698 586,038
Accrued interest payable 56,684 46,684
Other liabilities 776,153 709,011
Total liabilities 18,266,173 18,124,857
Stockholders’ Equity:    
Common stock $0.01 par value, 90,000,000 shares authorized; issued 76,208,354 at June 30, 2024 and 76,095,094 at December 31, 2023 762 761
Capital in excess of par value 1,989,289 1,984,746
Accumulated other comprehensive loss (642,878) (593,991)
Retained earnings 1,760,598 1,643,657
Treasury stock at cost, 16,947,092 shares at June 30, 2024 and 15,557,263 shares at December 31, 2023 (618,191) (557,537)
Total stockholders’ equity of WSFS 2,489,580 2,477,636
Noncontrolling interest (11,223) (7,821)
Total stockholders' equity 2,478,357 2,469,815
Total liabilities and stockholders' equity $ 20,744,530 $ 20,594,672