wsfs-20210630
false2021Q2--12-310000828944http://fasb.org/us-gaap/2021-01-31#AccountingStandardsUpdate201613Member00008289442021-01-012021-06-30xbrli:shares00008289442021-07-31iso4217:USD00008289442021-04-012021-06-3000008289442020-04-012020-06-3000008289442020-01-012020-06-300000828944us-gaap:CreditAndDebitCardMember2021-04-012021-06-300000828944us-gaap:CreditAndDebitCardMember2020-04-012020-06-300000828944us-gaap:CreditAndDebitCardMember2021-01-012021-06-300000828944us-gaap:CreditAndDebitCardMember2020-01-012020-06-300000828944us-gaap:FinancialServiceMember2021-04-012021-06-300000828944us-gaap:FinancialServiceMember2020-04-012020-06-300000828944us-gaap:FinancialServiceMember2021-01-012021-06-300000828944us-gaap:FinancialServiceMember2020-01-012020-06-300000828944us-gaap:DepositAccountMember2021-04-012021-06-300000828944us-gaap:DepositAccountMember2020-04-012020-06-300000828944us-gaap:DepositAccountMember2021-01-012021-06-300000828944us-gaap:DepositAccountMember2020-01-012020-06-300000828944us-gaap:MortgageBankingMember2021-04-012021-06-300000828944us-gaap:MortgageBankingMember2020-04-012020-06-300000828944us-gaap:MortgageBankingMember2021-01-012021-06-300000828944us-gaap:MortgageBankingMember2020-01-012020-06-300000828944us-gaap:ServiceOtherMember2021-04-012021-06-300000828944us-gaap:ServiceOtherMember2020-04-012020-06-300000828944us-gaap:ServiceOtherMember2021-01-012021-06-300000828944us-gaap:ServiceOtherMember2020-01-012020-06-30iso4217:USDxbrli:shares00008289442021-06-3000008289442020-12-310000828944us-gaap:CommonStockMember2020-12-310000828944us-gaap:AdditionalPaidInCapitalMember2020-12-310000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-310000828944us-gaap:RetainedEarningsMember2020-12-310000828944us-gaap:TreasuryStockMember2020-12-310000828944us-gaap:ParentMember2020-12-310000828944us-gaap:NoncontrollingInterestMember2020-12-310000828944us-gaap:RetainedEarningsMember2021-01-012021-06-300000828944us-gaap:ParentMember2021-01-012021-06-300000828944us-gaap:NoncontrollingInterestMember2021-01-012021-06-300000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-06-300000828944us-gaap:CommonStockMember2021-01-012021-06-300000828944us-gaap:AdditionalPaidInCapitalMember2021-01-012021-06-300000828944us-gaap:TreasuryStockMember2021-01-012021-06-300000828944us-gaap:CommonStockMember2021-06-300000828944us-gaap:AdditionalPaidInCapitalMember2021-06-300000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-06-300000828944us-gaap:RetainedEarningsMember2021-06-300000828944us-gaap:TreasuryStockMember2021-06-300000828944us-gaap:ParentMember2021-06-300000828944us-gaap:NoncontrollingInterestMember2021-06-300000828944us-gaap:CommonStockMember2021-03-310000828944us-gaap:AdditionalPaidInCapitalMember2021-03-310000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-03-310000828944us-gaap:RetainedEarningsMember2021-03-310000828944us-gaap:TreasuryStockMember2021-03-310000828944us-gaap:ParentMember2021-03-310000828944us-gaap:NoncontrollingInterestMember2021-03-3100008289442021-03-310000828944us-gaap:RetainedEarningsMember2021-04-012021-06-300000828944us-gaap:ParentMember2021-04-012021-06-300000828944us-gaap:NoncontrollingInterestMember2021-04-012021-06-300000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-04-012021-06-300000828944us-gaap:CommonStockMember2021-04-012021-06-300000828944us-gaap:AdditionalPaidInCapitalMember2021-04-012021-06-300000828944us-gaap:TreasuryStockMember2021-04-012021-06-300000828944us-gaap:CommonStockMember2019-12-310000828944us-gaap:AdditionalPaidInCapitalMember2019-12-310000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-310000828944us-gaap:RetainedEarningsMember2019-12-310000828944us-gaap:TreasuryStockMember2019-12-310000828944us-gaap:ParentMember2019-12-310000828944us-gaap:NoncontrollingInterestMember2019-12-3100008289442019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:RetainedEarningsMember2019-12-310000828944us-gaap:ParentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommonStockMember2019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:AdditionalPaidInCapitalMember2019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:RetainedEarningsMember2019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:TreasuryStockMember2019-12-310000828944us-gaap:ParentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember2019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:NoncontrollingInterestMember2019-12-310000828944srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember2019-12-310000828944us-gaap:RetainedEarningsMember2020-01-012020-06-300000828944us-gaap:ParentMember2020-01-012020-06-300000828944us-gaap:NoncontrollingInterestMember2020-01-012020-06-300000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-06-300000828944us-gaap:CommonStockMember2020-01-012020-06-300000828944us-gaap:AdditionalPaidInCapitalMember2020-01-012020-06-300000828944us-gaap:TreasuryStockMember2020-01-012020-06-300000828944us-gaap:CommonStockMember2020-06-300000828944us-gaap:AdditionalPaidInCapitalMember2020-06-300000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-06-300000828944us-gaap:RetainedEarningsMember2020-06-300000828944us-gaap:TreasuryStockMember2020-06-300000828944us-gaap:ParentMember2020-06-300000828944us-gaap:NoncontrollingInterestMember2020-06-3000008289442020-06-300000828944us-gaap:CommonStockMember2020-03-310000828944us-gaap:AdditionalPaidInCapitalMember2020-03-310000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-03-310000828944us-gaap:RetainedEarningsMember2020-03-310000828944us-gaap:TreasuryStockMember2020-03-310000828944us-gaap:ParentMember2020-03-310000828944us-gaap:NoncontrollingInterestMember2020-03-3100008289442020-03-310000828944us-gaap:RetainedEarningsMember2020-04-012020-06-300000828944us-gaap:ParentMember2020-04-012020-06-300000828944us-gaap:NoncontrollingInterestMember2020-04-012020-06-300000828944us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-04-012020-06-300000828944us-gaap:CommonStockMember2020-04-012020-06-300000828944us-gaap:AdditionalPaidInCapitalMember2020-04-012020-06-300000828944us-gaap:TreasuryStockMember2020-04-012020-06-300000828944us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2021-06-300000828944us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2020-06-30wsfs:subsidiary0000828944srt:ParentCompanyMember2021-06-30wsfs:Office0000828944stpr:PA2021-06-300000828944stpr:DE2021-06-300000828944stpr:NJ2021-06-300000828944stpr:VA2021-06-300000828944stpr:NV2021-06-300000828944wsfs:BailmentFeesMember2021-04-012021-06-300000828944wsfs:BailmentFeesMember2020-04-012020-06-300000828944wsfs:BailmentFeesMember2021-01-012021-06-300000828944wsfs:BailmentFeesMember2020-01-012020-06-300000828944wsfs:InterchangeFeesMember2021-04-012021-06-300000828944wsfs:InterchangeFeesMember2020-04-012020-06-300000828944wsfs:InterchangeFeesMember2021-01-012021-06-300000828944wsfs:InterchangeFeesMember2020-01-012020-06-300000828944wsfs:OtherCardandATMFeesMember2021-04-012021-06-300000828944wsfs:OtherCardandATMFeesMember2020-04-012020-06-300000828944wsfs:OtherCardandATMFeesMember2021-01-012021-06-300000828944wsfs:OtherCardandATMFeesMember2020-01-012020-06-300000828944wsfs:TrustFeesMember2021-04-012021-06-300000828944wsfs:TrustFeesMember2020-04-012020-06-300000828944wsfs:TrustFeesMember2021-01-012021-06-300000828944wsfs:TrustFeesMember2020-01-012020-06-300000828944wsfs:WealthManagementandAdvisoryFeesMember2021-04-012021-06-300000828944wsfs:WealthManagementandAdvisoryFeesMember2020-04-012020-06-300000828944wsfs:WealthManagementandAdvisoryFeesMember2021-01-012021-06-300000828944wsfs:WealthManagementandAdvisoryFeesMember2020-01-012020-06-300000828944wsfs:ServiceFeesMember2021-04-012021-06-300000828944wsfs:ServiceFeesMember2020-04-012020-06-300000828944wsfs:ServiceFeesMember2021-01-012021-06-300000828944wsfs:ServiceFeesMember2020-01-012020-06-300000828944wsfs:ReturnandOverdraftFeesMember2021-04-012021-06-300000828944wsfs:ReturnandOverdraftFeesMember2020-04-012020-06-300000828944wsfs:ReturnandOverdraftFeesMember2021-01-012021-06-300000828944wsfs:ReturnandOverdraftFeesMember2020-01-012020-06-300000828944wsfs:OtherDepositServiceFeesMember2021-04-012021-06-300000828944wsfs:OtherDepositServiceFeesMember2020-04-012020-06-300000828944wsfs:OtherDepositServiceFeesMember2021-01-012021-06-300000828944wsfs:OtherDepositServiceFeesMember2020-01-012020-06-300000828944wsfs:ManagedServiceFeesMember2021-04-012021-06-300000828944wsfs:ManagedServiceFeesMember2020-04-012020-06-300000828944wsfs:ManagedServiceFeesMember2021-01-012021-06-300000828944wsfs:ManagedServiceFeesMember2020-01-012020-06-300000828944wsfs:CurrencyPreparationMember2021-04-012021-06-300000828944wsfs:CurrencyPreparationMember2020-04-012020-06-300000828944wsfs:CurrencyPreparationMember2021-01-012021-06-300000828944wsfs:CurrencyPreparationMember2020-01-012020-06-300000828944wsfs:ATMInsuranceMember2021-04-012021-06-300000828944wsfs:ATMInsuranceMember2020-04-012020-06-300000828944wsfs:ATMInsuranceMember2021-01-012021-06-300000828944wsfs:ATMInsuranceMember2020-01-012020-06-300000828944wsfs:MiscellaneousProductsAndServicesMember2021-04-012021-06-300000828944wsfs:MiscellaneousProductsAndServicesMember2020-04-012020-06-300000828944wsfs:MiscellaneousProductsAndServicesMember2021-01-012021-06-300000828944wsfs:MiscellaneousProductsAndServicesMember2020-01-012020-06-300000828944us-gaap:CollateralizedMortgageObligationsMember2021-06-300000828944us-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2021-06-300000828944us-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMember2021-06-300000828944us-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember2021-06-300000828944us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2021-06-300000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2021-06-300000828944us-gaap:ForeignGovernmentDebtMember2021-06-300000828944us-gaap:CollateralizedMortgageObligationsMember2020-12-310000828944us-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMember2020-12-310000828944us-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMember2020-12-310000828944us-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMember2020-12-310000828944us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember2020-12-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2020-12-310000828944us-gaap:ForeignGovernmentDebtMember2020-12-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMembersrt:FitchAPlusRatingMember2021-06-300000828944srt:FitchAPlusRatingMemberus-gaap:BondsMember2021-06-300000828944us-gaap:USStatesAndPoliticalSubdivisionsMemberwsfs:FitchNotRatedMember2021-06-300000828944wsfs:FitchNotRatedMemberus-gaap:BondsMember2021-06-300000828944us-gaap:BondsMember2021-06-300000828944us-gaap:USStatesAndPoliticalSubdivisionsMembersrt:FitchAPlusRatingMember2020-12-310000828944srt:FitchAPlusRatingMemberus-gaap:BondsMember2020-12-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMemberwsfs:FitchNotRatedMember2020-12-310000828944wsfs:FitchNotRatedMemberus-gaap:BondsMember2020-12-310000828944us-gaap:BondsMember2020-12-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2021-03-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2020-03-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2019-12-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2021-03-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2020-03-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2020-12-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2021-04-012021-06-300000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2020-04-012020-06-300000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2021-01-012021-06-300000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2020-01-012020-06-300000828944us-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000828944us-gaap:CommonClassBMember2021-06-300000828944us-gaap:CommonClassBMember2020-04-012020-06-300000828944us-gaap:CommonClassBMemberus-gaap:CommonStockMember2020-01-012020-06-300000828944us-gaap:OtherInvestmentCompaniesMember2020-01-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2020-12-310000828944wsfs:CommercialSmallBusinessLeasesMemberus-gaap:CommercialPortfolioSegmentMember2021-06-300000828944wsfs:CommercialSmallBusinessLeasesMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMember2020-12-310000828944us-gaap:ConsumerPortfolioSegmentMember2021-06-300000828944us-gaap:ConsumerPortfolioSegmentMember2020-12-310000828944wsfs:FinancingReceivablePortfolioSegmentIncludingReverseMortgagesMember2021-06-300000828944wsfs:FinancingReceivablePortfolioSegmentIncludingReverseMortgagesMember2020-12-310000828944wsfs:PaycheckProtectionProgramCARESActMemberus-gaap:CommercialPortfolioSegmentMember2021-06-300000828944wsfs:PaycheckProtectionProgramCARESActMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-03-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-03-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2021-03-310000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-03-310000828944us-gaap:ResidentialPortfolioSegmentMember2021-03-310000828944us-gaap:ConsumerPortfolioSegmentMember2021-03-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-04-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-04-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2021-04-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-04-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMember2021-04-012021-06-300000828944us-gaap:ConsumerPortfolioSegmentMember2021-04-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-01-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-01-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2021-01-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-01-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMember2021-01-012021-06-300000828944us-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-03-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-03-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2020-03-310000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2020-03-310000828944us-gaap:ResidentialPortfolioSegmentMember2020-03-310000828944us-gaap:ConsumerPortfolioSegmentMember2020-03-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-04-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-04-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2020-04-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2020-04-012020-06-300000828944us-gaap:ResidentialPortfolioSegmentMember2020-04-012020-06-300000828944us-gaap:ConsumerPortfolioSegmentMember2020-04-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2020-06-300000828944us-gaap:ResidentialPortfolioSegmentMember2020-06-300000828944us-gaap:ConsumerPortfolioSegmentMember2020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2019-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2019-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2019-12-310000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2019-12-310000828944us-gaap:ResidentialPortfolioSegmentMember2019-12-310000828944us-gaap:ConsumerPortfolioSegmentMember2019-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310000828944us-gaap:CommercialPortfolioSegmentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:ConstructionLoansMember2019-12-310000828944us-gaap:ResidentialPortfolioSegmentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310000828944us-gaap:ConsumerPortfolioSegmentMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-01-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-01-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMember2020-01-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2020-01-012020-06-300000828944us-gaap:ResidentialPortfolioSegmentMember2020-01-012020-06-300000828944us-gaap:ConsumerPortfolioSegmentMember2020-01-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:FinancialAsset30To89DaysPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberus-gaap:FinancialAssetPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberus-gaap:FinancialAssetNotPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:FinancialAsset30To89DaysPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberus-gaap:FinancialAssetPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberus-gaap:FinancialAssetNotPastDueMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:FinancialAsset30To89DaysPastDueMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:FinancialAsset30To89DaysPastDueMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberwsfs:FinancialAsset30To89DaysPastDueMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberwsfs:FinancialAsset30To89DaysPastDueMember2021-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2021-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-06-300000828944wsfs:FinancialAsset30To89DaysPastDueMember2021-06-300000828944us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-06-300000828944us-gaap:FinancialAssetPastDueMember2021-06-300000828944us-gaap:FinancialAssetNotPastDueMember2021-06-30xbrli:pure0000828944us-gaap:StudentLoanMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:FinancialAsset30To89DaysPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberus-gaap:FinancialAssetPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberus-gaap:FinancialAssetNotPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:FinancialAsset30To89DaysPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberus-gaap:FinancialAssetPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberus-gaap:FinancialAssetNotPastDueMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:FinancialAsset30To89DaysPastDueMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:FinancialAsset30To89DaysPastDueMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMemberwsfs:FinancialAsset30To89DaysPastDueMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2020-12-310000828944us-gaap:ConsumerPortfolioSegmentMemberwsfs:FinancialAsset30To89DaysPastDueMember2020-12-310000828944us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-310000828944us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2020-12-310000828944us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2020-12-310000828944wsfs:FinancialAsset30To89DaysPastDueMember2020-12-310000828944us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-310000828944us-gaap:FinancialAssetPastDueMember2020-12-310000828944us-gaap:FinancialAssetNotPastDueMember2020-12-310000828944us-gaap:StudentLoanMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMembersrt:OtherPropertyMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:EquipmentAndOtherMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMembersrt:OtherPropertyMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:EquipmentAndOtherMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMembersrt:OtherPropertyMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:EquipmentAndOtherMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMembersrt:OtherPropertyMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:EquipmentAndOtherMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMembersrt:OtherPropertyMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:EquipmentAndOtherMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMembersrt:OtherPropertyMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:EquipmentAndOtherMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMembersrt:OtherPropertyMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:EquipmentAndOtherMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMembersrt:OtherPropertyMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:EquipmentAndOtherMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMembersrt:OtherPropertyMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberwsfs:EquipmentAndOtherMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMembersrt:OtherPropertyMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMemberwsfs:EquipmentAndOtherMember2020-12-310000828944us-gaap:ConsumerPortfolioSegmentMembersrt:OtherPropertyMember2021-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberwsfs:EquipmentAndOtherMember2021-06-300000828944us-gaap:ConsumerPortfolioSegmentMembersrt:OtherPropertyMember2020-12-310000828944us-gaap:ConsumerPortfolioSegmentMemberwsfs:EquipmentAndOtherMember2020-12-310000828944srt:OtherPropertyMember2021-06-300000828944wsfs:EquipmentAndOtherMember2021-06-300000828944srt:OtherPropertyMember2020-12-310000828944wsfs:EquipmentAndOtherMember2020-12-31wsfs:SecurityLoan0000828944us-gaap:CommercialPortfolioSegmentMember2021-01-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMember2020-01-012020-12-310000828944us-gaap:CommercialPortfolioSegmentMember2020-01-012020-12-310000828944wsfs:ResidentialAndConsumerPortfolioSegmentMember2021-04-012021-06-300000828944wsfs:ResidentialAndConsumerPortfolioSegmentMember2021-01-012021-06-300000828944wsfs:ResidentialAndConsumerPortfolioSegmentMember2020-04-012020-06-300000828944wsfs:ResidentialAndConsumerPortfolioSegmentMember2020-01-012020-06-300000828944us-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberus-gaap:SpecialMentionMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:SubstandardOrLowerMember2021-06-300000828944us-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberus-gaap:SpecialMentionMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:SubstandardOrLowerMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:SubstandardOrLowerMember2021-06-300000828944us-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:SubstandardOrLowerMemberus-gaap:ConstructionLoansMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMember2021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2021-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMember2021-06-300000828944us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2021-06-300000828944us-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberus-gaap:SpecialMentionMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:SubstandardOrLowerMember2020-12-310000828944us-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberus-gaap:SpecialMentionMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:SubstandardOrLowerMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2020-12-310000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:SubstandardOrLowerMember2020-12-310000828944us-gaap:PassMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:SubstandardOrLowerMemberus-gaap:ConstructionLoansMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMember2020-12-310000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2020-12-310000828944us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PerformingFinancingReceivableMember2020-12-310000828944us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2020-12-3100008289442020-01-012020-12-31wsfs:loan0000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-04-012021-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-04-012021-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-04-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:OtherModificationsMember2021-04-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-01-012021-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-01-012021-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2021-01-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:OtherModificationsMember2021-01-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-04-012021-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-04-012021-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-04-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:OtherModificationsMember2021-04-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-01-012021-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-01-012021-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2021-01-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:OtherModificationsMember2021-01-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMember2021-04-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMember2021-04-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMember2021-04-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OtherModificationsMember2021-04-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMember2021-01-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMember2021-01-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMember2021-01-012021-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OtherModificationsMember2021-01-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-04-012021-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-04-012021-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-04-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OtherModificationsMemberus-gaap:ConstructionLoansMember2021-04-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-01-012021-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-01-012021-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-01-012021-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OtherModificationsMemberus-gaap:ConstructionLoansMember2021-01-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:ResidentialPortfolioSegmentMember2021-04-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2021-04-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PrincipalForgivenessMember2021-04-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberwsfs:OtherModificationsMember2021-04-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:ResidentialPortfolioSegmentMember2021-01-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2021-01-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PrincipalForgivenessMember2021-01-012021-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberwsfs:OtherModificationsMember2021-01-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:ConsumerPortfolioSegmentMember2021-04-012021-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:ConsumerPortfolioSegmentMember2021-04-012021-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:ConsumerPortfolioSegmentMember2021-04-012021-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberwsfs:OtherModificationsMember2021-04-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberwsfs:OtherModificationsMember2021-01-012021-06-300000828944us-gaap:ContractualInterestRateReductionMember2021-04-012021-06-300000828944us-gaap:ExtendedMaturityMember2021-04-012021-06-300000828944us-gaap:PrincipalForgivenessMember2021-04-012021-06-300000828944wsfs:OtherModificationsMember2021-04-012021-06-300000828944us-gaap:ContractualInterestRateReductionMember2021-01-012021-06-300000828944us-gaap:ExtendedMaturityMember2021-01-012021-06-300000828944us-gaap:PrincipalForgivenessMember2021-01-012021-06-300000828944wsfs:OtherModificationsMember2021-01-012021-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-04-012020-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-04-012020-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-04-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:OtherModificationsMember2020-04-012020-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-01-012020-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-01-012020-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMember2020-01-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:CommercialAndIndustrialMemberwsfs:OtherModificationsMember2020-01-012020-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-04-012020-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-04-012020-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-04-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:OtherModificationsMember2020-04-012020-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-01-012020-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-01-012020-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMember2020-01-012020-06-300000828944us-gaap:CommercialPortfolioSegmentMemberwsfs:OwnerOccupiedCommercialMemberwsfs:OtherModificationsMember2020-01-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMember2020-04-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMember2020-04-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMember2020-04-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OtherModificationsMember2020-04-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:ContractualInterestRateReductionMemberus-gaap:CommercialPortfolioSegmentMember2020-01-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:ExtendedMaturityMemberus-gaap:CommercialPortfolioSegmentMember2020-01-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:PrincipalForgivenessMemberus-gaap:CommercialPortfolioSegmentMember2020-01-012020-06-300000828944wsfs:CommercialMortgagesMemberus-gaap:CommercialPortfolioSegmentMemberwsfs:OtherModificationsMember2020-01-012020-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:ResidentialPortfolioSegmentMember2020-04-012020-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2020-04-012020-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PrincipalForgivenessMember2020-04-012020-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberwsfs:OtherModificationsMember2020-04-012020-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:ResidentialPortfolioSegmentMember2020-01-012020-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2020-01-012020-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PrincipalForgivenessMember2020-01-012020-06-300000828944us-gaap:ResidentialPortfolioSegmentMemberwsfs:OtherModificationsMember2020-01-012020-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:ConsumerPortfolioSegmentMember2020-04-012020-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:ConsumerPortfolioSegmentMember2020-04-012020-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:ConsumerPortfolioSegmentMember2020-04-012020-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberwsfs:OtherModificationsMember2020-04-012020-06-300000828944us-gaap:ContractualInterestRateReductionMemberus-gaap:ConsumerPortfolioSegmentMember2020-01-012020-06-300000828944us-gaap:ExtendedMaturityMemberus-gaap:ConsumerPortfolioSegmentMember2020-01-012020-06-300000828944us-gaap:PrincipalForgivenessMemberus-gaap:ConsumerPortfolioSegmentMember2020-01-012020-06-300000828944us-gaap:ConsumerPortfolioSegmentMemberwsfs:OtherModificationsMember2020-01-012020-06-300000828944us-gaap:ContractualInterestRateReductionMember2020-04-012020-06-300000828944us-gaap:ExtendedMaturityMember2020-04-012020-06-300000828944us-gaap:PrincipalForgivenessMember2020-04-012020-06-300000828944wsfs:OtherModificationsMember2020-04-012020-06-300000828944us-gaap:ContractualInterestRateReductionMember2020-01-012020-06-300000828944us-gaap:ExtendedMaturityMember2020-01-012020-06-300000828944us-gaap:PrincipalForgivenessMember2020-01-012020-06-300000828944wsfs:OtherModificationsMember2020-01-012020-06-300000828944srt:MinimumMember2021-06-300000828944srt:MaximumMember2021-06-300000828944wsfs:WsfsBankMember2020-12-310000828944wsfs:CashConnectMember2020-12-310000828944wsfs:TrustAndWealthManagementMember2020-12-310000828944wsfs:WsfsBankMember2021-01-012021-06-300000828944wsfs:CashConnectMember2021-01-012021-06-300000828944wsfs:TrustAndWealthManagementMember2021-01-012021-06-300000828944wsfs:WsfsBankMember2021-06-300000828944wsfs:CashConnectMember2021-06-300000828944wsfs:TrustAndWealthManagementMember2021-06-300000828944us-gaap:CoreDepositsMember2021-06-300000828944us-gaap:CoreDepositsMember2021-01-012021-06-300000828944us-gaap:CustomerRelationshipsMember2021-06-300000828944us-gaap:CustomerRelationshipsMembersrt:MinimumMember2021-01-012021-06-300000828944us-gaap:CustomerRelationshipsMembersrt:MaximumMember2021-01-012021-06-300000828944us-gaap:NoncompeteAgreementsMember2021-06-300000828944us-gaap:NoncompeteAgreementsMember2021-01-012021-06-300000828944wsfs:LoanServicingRightsMember2021-06-300000828944wsfs:LoanServicingRightsMembersrt:MinimumMember2021-01-012021-06-300000828944srt:MaximumMemberwsfs:LoanServicingRightsMember2021-01-012021-06-300000828944us-gaap:CoreDepositsMember2020-12-310000828944us-gaap:CoreDepositsMember2020-01-012020-12-310000828944us-gaap:CustomerRelationshipsMember2020-12-310000828944us-gaap:CustomerRelationshipsMembersrt:MinimumMember2020-01-012020-12-310000828944us-gaap:CustomerRelationshipsMembersrt:MaximumMember2020-01-012020-12-310000828944us-gaap:NoncompeteAgreementsMember2020-12-310000828944us-gaap:NoncompeteAgreementsMember2020-01-012020-12-310000828944wsfs:LoanServicingRightsMember2020-12-310000828944wsfs:LoanServicingRightsMembersrt:MinimumMember2020-01-012020-12-310000828944srt:MaximumMemberwsfs:LoanServicingRightsMember2020-01-012020-12-310000828944wsfs:LoanServicingRightsMember2021-04-012021-06-300000828944wsfs:LoanServicingRightsMember2021-01-012021-06-300000828944wsfs:LoanServicingRightsMember2020-01-012020-12-310000828944us-gaap:OtherIntangibleAssetsMember2021-04-012021-06-300000828944us-gaap:OtherIntangibleAssetsMember2021-01-012021-06-300000828944us-gaap:OtherIntangibleAssetsMember2020-04-012020-06-300000828944us-gaap:OtherIntangibleAssetsMember2020-01-012020-06-3000008289442014-03-312014-03-310000828944us-gaap:DefinedBenefitPostretirementHealthCoverageMember2021-04-012021-06-300000828944us-gaap:DefinedBenefitPostretirementHealthCoverageMember2020-04-012020-06-300000828944us-gaap:DefinedBenefitPostretirementHealthCoverageMember2021-01-012021-06-300000828944us-gaap:DefinedBenefitPostretirementHealthCoverageMember2020-01-012020-06-300000828944us-gaap:PensionPlansDefinedBenefitMemberwsfs:AllianceMember2020-01-012020-06-300000828944us-gaap:PensionPlansDefinedBenefitMemberwsfs:AllianceMember2020-04-012020-06-300000828944wsfs:BeneficialMemberus-gaap:PensionPlansDefinedBenefitMember2021-04-012021-06-300000828944wsfs:BeneficialMemberus-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2021-04-012021-06-300000828944wsfs:BeneficialMemberus-gaap:PensionPlansDefinedBenefitMember2021-01-012021-06-300000828944wsfs:BeneficialMemberus-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2021-01-012021-06-300000828944wsfs:BeneficialMemberus-gaap:PensionPlansDefinedBenefitMember2020-04-012020-06-300000828944wsfs:BeneficialMemberus-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2020-04-012020-06-300000828944wsfs:BeneficialMemberus-gaap:PensionPlansDefinedBenefitMember2020-01-012020-06-300000828944wsfs:BeneficialMemberus-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2020-01-012020-06-3000008289442020-01-012020-01-010000828944us-gaap:GeneralBusinessMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel2Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel2Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel3Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueMeasurementsRecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:OtherInvestmentCompaniesMember2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:OtherInvestmentCompaniesMember2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:OtherInvestmentCompaniesMember2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:OtherInvestmentCompaniesMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMemberwsfs:LoansheldforSaleMember2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Memberwsfs:LoansheldforSaleMember2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Memberwsfs:LoansheldforSaleMember2021-06-300000828944us-gaap:FairValueMeasurementsNonrecurringMemberwsfs:LoansheldforSaleMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel2Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel2Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel3Memberus-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FederalNationalMortgageAssociationCertificatesAndObligationsFNMAMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FederalHomeLoanMortgageCorporationCertificatesAndObligationsFHLMCMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:GovernmentNationalMortgageAssociationCertificatesAndObligationsGNMAMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueMeasurementsRecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:OtherInvestmentCompaniesMember2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:OtherInvestmentCompaniesMember2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:OtherInvestmentCompaniesMember2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:OtherInvestmentCompaniesMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMemberwsfs:LoansheldforSaleMember2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Memberwsfs:LoansheldforSaleMember2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Memberwsfs:LoansheldforSaleMember2020-12-310000828944us-gaap:FairValueMeasurementsNonrecurringMemberwsfs:LoansheldforSaleMember2020-12-310000828944wsfs:SwapGuaranteeMember2021-06-300000828944wsfs:SwapGuaranteeMember2020-12-310000828944us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMember2021-06-300000828944wsfs:ValuationCollateralApproachMemberus-gaap:FairValueInputsLevel3Member2021-06-300000828944wsfs:ValuationCollateralApproachMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputCostToSellMember2021-06-300000828944us-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueInputsLevel3Member2021-06-300000828944us-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MeasurementInputExpectedTermMember2021-01-012021-06-300000828944us-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueInputsLevel3Membersrt:MaximumMemberus-gaap:MeasurementInputExpectedTermMember2021-01-012021-06-300000828944srt:WeightedAverageMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExpectedTermMember2021-01-012021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-06-300000828944us-gaap:FairValueInputsLevel1Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310000828944us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310000828944us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2021-06-300000828944us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2021-06-300000828944us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2020-12-310000828944us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2020-12-310000828944us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2021-06-300000828944us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2021-06-300000828944us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2020-12-310000828944us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2020-12-310000828944us-gaap:InterestRateContractMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2021-06-300000828944us-gaap:InterestRateContractMemberus-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMember2021-06-300000828944us-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMemberwsfs:RiskParticipationAgreementsMember2021-06-300000828944us-gaap:OtherAssetsMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NondesignatedMember2021-06-300000828944us-gaap:InterestRateLockCommitmentsMemberus-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMember2021-06-300000828944us-gaap:OtherAssetsMemberus-gaap:ForwardContractsMemberus-gaap:NondesignatedMember2021-06-300000828944us-gaap:ForwardContractsMemberus-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMember2021-06-300000828944us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMember2021-06-300000828944us-gaap:InterestRateContractMemberus-gaap:OtherAssetsMemberus-gaap:NondesignatedMember2020-12-310000828944us-gaap:InterestRateContractMemberus-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMember2020-12-310000828944us-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMemberwsfs:RiskParticipationAgreementsMember2020-12-310000828944us-gaap:OtherAssetsMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NondesignatedMember2020-12-310000828944us-gaap:InterestRateLockCommitmentsMemberus-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMember2020-12-310000828944us-gaap:OtherAssetsMemberus-gaap:ForwardContractsMemberus-gaap:NondesignatedMember2020-12-310000828944us-gaap:ForwardContractsMemberus-gaap:NondesignatedMemberus-gaap:OtherLiabilitiesMember2020-12-310000828944us-gaap:NondesignatedMember2020-12-31wsfs:instrument00008289442020-04-300000828944us-gaap:DesignatedAsHedgingInstrumentMember2020-04-300000828944us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMember2020-04-012020-06-300000828944us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMember2020-01-012020-06-30wsfs:institution0000828944us-gaap:InterestRateSwapMember2021-06-300000828944us-gaap:InterestRateSwapMember2020-12-310000828944srt:MinimumMember2021-01-012021-06-300000828944srt:MaximumMember2021-01-012021-06-300000828944wsfs:MortgageBankingActivityNetMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NondesignatedMember2021-04-012021-06-300000828944wsfs:MortgageBankingActivityNetMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NondesignatedMember2020-04-012020-06-300000828944wsfs:MortgageBankingActivityNetMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NondesignatedMember2021-01-012021-06-300000828944wsfs:MortgageBankingActivityNetMemberus-gaap:InterestRateLockCommitmentsMemberus-gaap:NondesignatedMember2020-01-012020-06-300000828944us-gaap:ForwardContractsMemberwsfs:MortgageBankingActivityNetMemberus-gaap:NondesignatedMember2021-04-012021-06-300000828944us-gaap:ForwardContractsMemberwsfs:MortgageBankingActivityNetMemberus-gaap:NondesignatedMember2020-04-012020-06-300000828944us-gaap:ForwardContractsMemberwsfs:MortgageBankingActivityNetMemberus-gaap:NondesignatedMember2021-01-012021-06-300000828944us-gaap:ForwardContractsMemberwsfs:MortgageBankingActivityNetMemberus-gaap:NondesignatedMember2020-01-012020-06-300000828944us-gaap:NondesignatedMember2021-04-012021-06-300000828944us-gaap:NondesignatedMember2020-04-012020-06-300000828944us-gaap:NondesignatedMember2021-01-012021-06-300000828944us-gaap:NondesignatedMember2020-01-012020-06-300000828944us-gaap:OtherAggregatedInvestmentsMember2021-06-300000828944us-gaap:CashMember2021-06-30wsfs:segment0000828944wsfs:WsfsBankMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000828944wsfs:CashConnectMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000828944wsfs:WealthManagementMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000828944us-gaap:OperatingSegmentsMember2021-04-012021-06-300000828944wsfs:WsfsBankMemberus-gaap:OperatingSegmentsMember2020-04-012020-06-300000828944wsfs:CashConnectMemberus-gaap:OperatingSegmentsMember2020-04-012020-06-300000828944wsfs:WealthManagementMemberus-gaap:OperatingSegmentsMember2020-04-012020-06-300000828944us-gaap:OperatingSegmentsMember2020-04-012020-06-300000828944wsfs:WsfsBankMember2021-04-012021-06-300000828944wsfs:CashConnectMember2021-04-012021-06-300000828944wsfs:WealthManagementMember2021-04-012021-06-300000828944wsfs:WsfsBankMember2020-04-012020-06-300000828944wsfs:CashConnectMember2020-04-012020-06-300000828944wsfs:WealthManagementMember2020-04-012020-06-300000828944wsfs:WsfsBankMemberus-gaap:IntersegmentEliminationMember2021-04-012021-06-300000828944wsfs:CashConnectMemberus-gaap:IntersegmentEliminationMember2021-04-012021-06-300000828944wsfs:WealthManagementMemberus-gaap:IntersegmentEliminationMember2021-04-012021-06-300000828944us-gaap:IntersegmentEliminationMember2021-04-012021-06-300000828944wsfs:WsfsBankMemberus-gaap:IntersegmentEliminationMember2020-04-012020-06-300000828944wsfs:CashConnectMemberus-gaap:IntersegmentEliminationMember2020-04-012020-06-300000828944wsfs:WealthManagementMemberus-gaap:IntersegmentEliminationMember2020-04-012020-06-300000828944us-gaap:IntersegmentEliminationMember2020-04-012020-06-300000828944wsfs:WsfsBankMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000828944wsfs:CashConnectMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000828944wsfs:WealthManagementMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000828944us-gaap:OperatingSegmentsMember2021-01-012021-06-300000828944wsfs:WsfsBankMemberus-gaap:OperatingSegmentsMember2020-01-012020-06-300000828944wsfs:CashConnectMemberus-gaap:OperatingSegmentsMember2020-01-012020-06-300000828944wsfs:WealthManagementMemberus-gaap:OperatingSegmentsMember2020-01-012020-06-300000828944us-gaap:OperatingSegmentsMember2020-01-012020-06-300000828944wsfs:WealthManagementMember2021-01-012021-06-300000828944wsfs:WsfsBankMember2020-01-012020-06-300000828944wsfs:CashConnectMember2020-01-012020-06-300000828944wsfs:WealthManagementMember2020-01-012020-06-300000828944wsfs:WsfsBankMemberus-gaap:IntersegmentEliminationMember2021-01-012021-06-300000828944wsfs:CashConnectMemberus-gaap:IntersegmentEliminationMember2021-01-012021-06-300000828944wsfs:WealthManagementMemberus-gaap:IntersegmentEliminationMember2021-01-012021-06-300000828944us-gaap:IntersegmentEliminationMember2021-01-012021-06-300000828944wsfs:WsfsBankMemberus-gaap:IntersegmentEliminationMember2020-01-012020-06-300000828944wsfs:CashConnectMemberus-gaap:IntersegmentEliminationMember2020-01-012020-06-300000828944wsfs:WealthManagementMemberus-gaap:IntersegmentEliminationMember2020-01-012020-06-300000828944us-gaap:IntersegmentEliminationMember2020-01-012020-06-300000828944wsfs:WealthManagementMember2021-06-300000828944wsfs:WealthManagementMember2020-12-310000828944wsfs:SecondaryMarketLoanSalesMember2021-01-012021-06-30wsfs:transaction0000828944wsfs:SecondaryMarketLoanSalesMember2020-01-012020-06-300000828944us-gaap:UnfundedLoanCommitmentMember2021-06-300000828944us-gaap:UnfundedLoanCommitmentMember2020-12-310000828944us-gaap:UnfundedLoanCommitmentMember2021-04-012021-06-300000828944us-gaap:UnfundedLoanCommitmentMember2021-01-012021-06-300000828944us-gaap:UnfundedLoanCommitmentMember2020-04-012020-06-300000828944us-gaap:UnfundedLoanCommitmentMember2020-01-012020-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-03-310000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2021-03-310000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-03-310000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-03-310000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2021-03-310000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-04-012021-06-300000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2021-04-012021-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-04-012021-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-04-012021-06-300000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2021-04-012021-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-06-300000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2021-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-06-300000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2021-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-03-310000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2020-03-310000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-03-310000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-03-310000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2020-03-310000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-04-012020-06-300000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2020-04-012020-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-04-012020-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-04-012020-06-300000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2020-04-012020-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-06-300000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2020-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-06-300000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2020-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-12-310000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2020-12-310000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-12-310000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-12-310000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2020-12-310000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-01-012021-06-300000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2021-01-012021-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-01-012021-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-01-012021-06-300000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2021-01-012021-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-12-310000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2019-12-310000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-12-310000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-12-310000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2019-12-310000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-01-012020-06-300000828944us-gaap:AccumulatedOtherThanTemporaryImpairmentMember2020-01-012020-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-01-012020-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-01-012020-06-300000828944wsfs:AccumulatedEquityMethodInvestmentsParentMember2020-01-012020-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberwsfs:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAccumulatedOtherComprehensiveIncomeForSaleOfSecuritiesNetOfTaxMember2021-04-012021-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberwsfs:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAccumulatedOtherComprehensiveIncomeForSaleOfSecuritiesNetOfTaxMember2020-04-012020-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberwsfs:OtherComprehensiveIncomeAmortizationOfUnrealizedGainsOnSecuritiesTransferredFromAvailableForSaleAndHeldToMaturityNetOfTaxMember2021-04-012021-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberwsfs:OtherComprehensiveIncomeAmortizationOfUnrealizedGainsOnSecuritiesTransferredFromAvailableForSaleAndHeldToMaturityNetOfTaxMember2020-04-012020-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-04-012021-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-04-012020-06-300000828944us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2021-04-012021-06-300000828944us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2020-04-012020-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-04-012021-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-04-012020-06-300000828944us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-04-012021-06-300000828944us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-04-012020-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberwsfs:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAccumulatedOtherComprehensiveIncomeForSaleOfSecuritiesNetOfTaxMember2021-01-012021-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberwsfs:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAccumulatedOtherComprehensiveIncomeForSaleOfSecuritiesNetOfTaxMember2020-01-012020-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberwsfs:OtherComprehensiveIncomeAmortizationOfUnrealizedGainsOnSecuritiesTransferredFromAvailableForSaleAndHeldToMaturityNetOfTaxMember2021-01-012021-06-300000828944us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberwsfs:OtherComprehensiveIncomeAmortizationOfUnrealizedGainsOnSecuritiesTransferredFromAvailableForSaleAndHeldToMaturityNetOfTaxMember2020-01-012020-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-01-012021-06-300000828944us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-01-012020-06-300000828944us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2021-01-012021-06-300000828944us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2020-01-012020-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-01-012021-06-300000828944us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-01-012020-06-300000828944us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-01-012021-06-300000828944us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2020-01-012020-06-300000828944us-gaap:LoansMember2020-01-012020-06-300000828944us-gaap:LoansMember2021-01-012021-06-300000828944us-gaap:LoansMember2021-04-012021-06-300000828944us-gaap:LoansMember2020-04-012020-06-300000828944us-gaap:LoansMember2021-06-300000828944us-gaap:LoansMember2020-12-310000828944wsfs:NewLoansAndCreditLineAdvanceToRelatedPartiesMember2021-04-012021-06-300000828944us-gaap:SettledLitigationMemberwsfs:UniversitasEducationLLCMember2018-02-272018-02-270000828944us-gaap:SettledLitigationMemberwsfs:UniversitasEducationLLCMember2018-07-012018-09-300000828944wsfs:NaturesHealingTrustMemberus-gaap:PendingLitigationMember2017-03-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 2021
OR
 
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from                      to                     
Commission File Number 001-35638
WSFS FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware22-2866913
(State or other jurisdiction of Incorporation or organization)(I.R.S. Employer Identification Number)
500 Delaware Ave,
Wilmington, Delaware, 19801
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (302) 792-6000
Not Applicable
(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareWSFSNasdaq Global Select Market
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or such shorter period that the registrant was required to submit such files).    Yes  x    No  ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer x  Accelerated filer
Non-accelerated filer   Smaller reporting company
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes      No  x

Number of shares outstanding of the issuer's common stock, as of the latest practicable date: 47,535,215 shares as of July 31, 2021.



WSFS FINANCIAL CORPORATION
FORM 10-Q
TABLE OF CONTENTS
 
 PART I. Financial InformationPage
Item 1.Financial Statements (Unaudited)
Consolidated Statements of Income (Loss) for the Three and Six Months Ended June 30, 2021 and 2020
Notes to the Consolidated Financial Statements for the Three and Six Months Ended June 30, 2021
Item 2.
Item 3.
Item 4.
PART II. Other Information
Item 1.
Item 1A.
Item 2.
Item 3.
Item 4.
Item 5.
Item 6.

2

Table of Contents
FORWARD-LOOKING STATEMENTS
This Quarterly Report on Form 10-Q, and exhibits hereto, contains estimates, predictions, opinions, projections and other “forward-looking statements” as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company’s predictions or expectations of future business or financial performance as well as its goals and objectives for future operations, financial and business trends, business prospects and management’s outlook or expectations for earnings, revenues, expenses, capital levels, liquidity levels, asset quality or other future financial or business performance, strategies or expectations. The words “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project” and similar expressions, among others, generally identify forward-looking statements. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company’s control) and are subject to risks and uncertainties (which change over time) and other factors which could cause actual results to differ materially from those currently anticipated. Such risks and uncertainties include, but are not limited to:
difficult market conditions and unfavorable economic trends in the United States generally, and particularly in the markets in which the Company operates and in which its loans are concentrated, including possible declines in housing markets, an increase in unemployment levels and slowdowns in economic growth, including as a result of the novel coronavirus and its variants (COVID-19) pandemic;
possible additional loan losses and impairment of the collectability of loans, particularly as a result of the COVID-19 pandemic and the policies and programs implemented by the Coronavirus Aid, Relief, and Economic Security Act, as amended (CARES Act), including its automatic loan forbearance provisions and the Company's Paycheck Protection Program (PPP) lending activities;
additional credit, fraud and litigation risks associated with our PPP lending activities;
the economic and financial impact of federal, state and local emergency orders and other actions taken in response to the COVID-19 pandemic;
the continuation of these conditions related to the COVID-19 pandemic, including whether due to a resurgence or additional waves of COVID-19 infections, particularly as the geographic areas in which we operate continue to re-open, and how quickly and to what extent normal economic and operating conditions can resume, especially as a vaccine becomes widely available;
the Company’s level of nonperforming assets and the costs associated with resolving problem loans including litigation and other costs and complying with government-imposed foreclosure moratoriums;
changes in market interest rates, which may increase funding costs and reduce earning asset yields and thus reduce margin;
the impact of changes in interest rates and the credit quality and strength of underlying collateral and the effect of such changes on the market value of the Company’s investment securities portfolio;
the credit risk associated with the substantial amount of commercial real estate, construction and land development and commercial and industrial loans in the Company's loan portfolio;
the extensive federal and state regulation, supervision and examination governing almost every aspect of the Company’s operations and potential expenses associated with complying with such regulations;
the Company’s ability to comply with applicable capital and liquidity requirements (including the effect of the transition to the Current Expected Credit Losses (CECL) methodology for allowances and related adjustments), including its ability to generate liquidity internally or raise capital on favorable terms;
possible changes in trade, monetary and fiscal policies and stimulus programs, laws and regulations and other activities of governments, agencies, and similar organizations, and the uncertainty of the short- and long-term impacts of such changes;
any impairments of the Company's goodwill or other intangible assets;
conditions in the financial markets, including the destabilized economic environment caused by the COVID-19 pandemic, that may limit the Company’s access to additional funding to meet its liquidity needs;
the intention of the United Kingdom's Financial Conduct Authority (FCA) to cease support of London Inter-Bank Offered Rate (LIBOR) and the transition to an alternative reference interest rate, such as the Secured Overnight Funding Rate (SOFR), including methodologies for calculating the rate that are different from the LIBOR methodology and changed language for existing and new floating or adjustable rate contracts;
the success of the Company's growth plans, including its plans to grow the commercial small business leasing portfolio and residential mortgage, small business and Small Business Administration (SBA) portfolios;
the Company’s ability to successfully integrate and fully realize the cost savings and other benefits of its acquisitions, manage risks related to business disruption following those acquisitions, and post-acquisition Customer acceptance of the Company’s products and services and related Customer disintermediation, including its pending acquisition of Bryn Mawr Bank Corporation (Bryn Mawr);
3

Table of Contents
the Company’s ability to complete the pending merger with Bryn Mawr on the terms proposed, which are subject to a number of conditions, risks and uncertainties, including the possibility that the proposed acquisition does not close when expected or at all because all conditions to closing are not received or satisfied on a timely basis or at all, the failure to close for any other reason, diversion of management time on merger-related issues, risks relating to the potential dilutive effect of shares of the Company’s common stock to be issued in the acquisition of Bryn Mawr, and the reaction to the acquisition of Bryn Mawr of the companies’ customers, employees and counterparties;
negative perceptions or publicity with respect to the Company generally and, in particular, the Company’s trust and wealth management business;
failure of the financial and operational controls of the Company’s Cash Connect® division;
adverse judgments or other resolution of pending and future legal proceedings, and cost incurred in defending such proceedings;
the Company's reliance on third parties for certain important functions, including the operation of its core systems, and any failures by such third parties;
system failures or cybersecurity incidents or other breaches of the Company’s network security, particularly given widespread remote working arrangements;
the Company’s ability to recruit and retain key Associates;
the effects of problems encountered by other financial institutions that adversely affect the Company or the banking industry generally;
the effects of weather and natural disasters such as floods, droughts, wind, tornadoes and hurricanes as well as effects from geopolitical instability, public health crises and man-made disasters including terrorist attacks;
the effects of regional or national civil unrest (including any resulting branch or ATM closures or damage);
possible changes in the speed of loan prepayments by the Company’s Customers and loan origination or sales volumes;
possible changes in the speed of prepayments of mortgage-backed securities due to changes in the interest rate environment, particularly as a result of the COVID-19 pandemic, and the related acceleration of premium amortization on prepayments in the event that prepayments accelerate;
regulatory limits on the Company’s ability to receive dividends from its subsidiaries and pay dividends to its stockholders;
any reputation, credit, interest rate, market, operational, litigation, legal, liquidity, regulatory and compliance risk resulting from developments related to any of the risks discussed above; and
other risks and uncertainties, including those discussed herein under the heading “Risk Factors” and in other documents filed by the Company with the Securities and Exchange Commission (SEC) from time to time.
The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. The Company disclaims any duty to revise or update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company for any reason, except as specifically required by law.

As used in this Quarterly Report on Form 10-Q, the terms “WSFS”, “the Company”, “registrant”, “we”, “us”, and “our” mean WSFS Financial Corporation and its subsidiaries, on a consolidated basis, unless the context indicates otherwise.

The following are registered trademarks of the Company: Cash Connect®, Christiana Trust Company of Delaware®, NewLane Finance®, Powdermill® Financial Solutions, West Capital Management®, WSFS Institutional Services®, WSFS Mortgage® and WSFS Wealth® Investments. Any other trademarks appearing in this Quarterly Report on Form 10-Q are the property of their respective holders.

4

Table of Contents

WSFS FINANCIAL CORPORATION
CONSOLIDATED STATEMENTS OF INCOME (LOSS)
(Unaudited)
 Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands, except per share and share data)2021202020212020
Interest income:
Interest and fees on loans and leases$98,645 $112,260 $207,497 $231,462 
Interest on mortgage-backed securities12,506 12,549 23,210 25,768 
Interest and dividends on investment securities:
Taxable702 102 1,403 117 
Tax-exempt681 907 1,429 1,818 
Other interest income368 65 644 573 
112,902 125,883 234,183 259,738 
Interest expense:
Interest on deposits3,778 9,832 8,274 24,469 
Interest on Federal Home Loan Bank advances 625 5 1,455 
Interest on senior debt2,053 1,180 4,319 2,359 
Interest on federal funds purchased  1  471 
Interest on trust preferred borrowings317 484 641 1,070 
Interest on other borrowings5 5 10 8 
6,153 12,127 13,249 29,832 
Net interest income106,749 113,756 220,934 229,906 
(Recovery of) provision for credit losses(67,563)94,754 (87,723)151,400 
Net interest income after (recovery of) provision for credit losses174,312 19,002 308,657 78,506 
Noninterest income:
Credit/debit card and ATM income7,567 9,306 14,372 20,665 
Investment management and fiduciary income15,360 10,929 29,613 21,891 
Deposit service charges5,319 4,175 10,779 9,822 
Mortgage banking activities, net4,453 8,494 13,053 11,965 
Loan and lease fee income1,730 1,097 5,215 2,216 
Securities gains, net 1,908 329 2,601 
Unrealized gains on equity investments, net5,261 (11)5,261 657 
Realized gain on sale of equity investment 22,052  22,052 
Bank owned life insurance income695 445 900 420 
Other income8,633 5,980 17,318 12,933 
49,018 64,375 96,840 105,222 
Noninterest expense:
Salaries, benefits and other compensation52,408 48,757 105,546 94,103 
Occupancy expense8,083 8,296 16,543 15,962 
Equipment expense7,338 5,759 14,729 10,723 
Data processing and operations expenses3,444 3,061 6,829 6,139 
Professional fees3,401 4,423 7,257 9,023 
Marketing expense1,286 1,215 2,278 2,166 
Loss on debt extinguishment1,087  1,087  
FDIC expenses1,056 305 2,125 251 
Loan workout and other credit costs(552)4,587 568 5,040 
Corporate development expense2,543 2,801 4,638 4,142 
Restructuring expense(144) (409) 
Other operating expense16,082 14,231 30,460 34,382 
96,032 93,435 191,651 181,931 
Income (loss) before taxes127,298 (10,058)213,846 1,797 
Income tax provision (benefit)31,687 (2,247)53,094 (959)
Net income (loss)$95,611 $(7,811)$160,752 $2,756 
Less: Net income (loss) attributable to noncontrolling interest(56)(700)3 (1,060)
Net income (loss) attributable to WSFS$95,667 $(7,111)$160,749 $3,816 
Earnings (loss) per share:
Basic$2.01 $(0.14)$3.38 $0.08 
Diluted$2.01 $(0.14)$3.37 $0.07 
Weighted average shares of common stock outstanding:
Basic47,529,143 50,655,154 47,519,229 50,870,735 
Diluted47,691,709 50,655,154 47,675,223 50,910,790 

The accompanying notes are an integral part of these unaudited Consolidated Financial Statements.
5

Table of Contents
WSFS FINANCIAL CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(Unaudited)
 
Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2021202020212020
Net income (loss)$95,611 $(7,811)$160,752 $2,756 
Less: Net (loss) income attributable to noncontrolling interest(56)(700)3 (1,060)
Net income (loss) attributable to WSFS95,667 (7,111)160,749 3,816 
Other comprehensive income (loss):
Net change in unrealized gains (losses) on investment securities available-for-sale
Net unrealized gains (losses) arising during the period, net of tax expense (benefit) of $7,615, 1,169, $(14,361), and 15,707, respectively
24,104 3,703 (45,485)49,739 
Less: reclassification adjustment for net gains on sales realized in net income, net of tax expense of $0, $458, $79, and $624, respectively
 (1,450)(250)(1,977)
24,104 2,253 (45,735)47,762 
Net change in securities held-to-maturity
Amortization of unrealized gain on securities reclassified to held-to-maturity, net of tax expense of $9, $18, $14, and $38, respectively
(28)(57)(44)(122)
Net change in unfunded pension liability
Change in unfunded pension liability related to unrealized loss, prior service cost and transition obligation, net of tax (benefit) expense of $(8), $8, $(13), and $7, respectively
(24)(26)(40)(22)
Pension settlement, net of tax expense of $, $67, $, and $67, respectively
 212  212 
(24)186 (40)190 
Net change in cash flow hedge
Net unrealized (loss) gain arising during the period, net of tax expense of $, $(8) $, and $493 respectively
 (25) 1,560 
Amortization of unrealized gain on terminated cash flow hedges, net of tax benefit of $35, $35, $70, and $35 respectively
(112)(111)(223)(111)
(112)(136)(223)1,449 
Net change in equity method investments
Net change in other comprehensive income of equity method investments, net of tax expense of $, $, $86, and $, respectively
  273  
Total other comprehensive income (loss)23,940 2,246 (45,769)49,279 
Total comprehensive income (loss)$119,607 $(4,865)$114,980 $53,095 
The accompanying notes are an integral part of these unaudited Consolidated Financial Statements.
6

Table of Contents
WSFS FINANCIAL CORPORATION
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
(Unaudited)
(Dollars in thousands, except per share and share data)June 30, 2021December 31, 2020
Assets:
Cash and due from banks$1,944,059 $1,244,705 
Cash in non-owned ATMs470,157 402,339 
Interest-bearing deposits in other banks including collateral (restricted cash) of $6,110 at June 30, 2021 and $7,390 December 31, 2020
6,897 7,691 
Total cash, cash equivalents, and restricted cash2,421,113 1,654,735 
Investment securities, available-for-sale (amortized cost of $3,347,966 at June 30, 2021 and $2,450,265 at December 31, 2020
3,366,579 2,529,057 
Investment securities, held-to-maturity, net of allowance for credit losses of $5 at June 30, 2021 and $6 at December 31, 2020 (fair value $99,266 at June 30, 2021 and $116,421 at December 31, 2020)
95,126 111,741 
Other investments15,648 9,541 
Loans, held for sale at fair value113,173 197,541 
Loans and leases, net of allowance for credit losses of $132,418 at June 30, 2021 and $228,804 at December 31, 2020
8,131,846 8,795,935 
Bank owned life insurance32,759 32,051 
Stock in Federal Home Loan Bank (FHLB) of Pittsburgh at cost6,090 5,771 
Other real estate owned1,044 3,061 
Accrued interest receivable40,275 44,335 
Premises and equipment92,559 96,556 
Goodwill472,828 472,828 
Intangible assets79,123 84,558 
Other assets280,698 296,204 
Total assets$15,148,861 $14,333,914 
Liabilities and Stockholders’ Equity
Liabilities:
Deposits:
Noninterest-bearing$4,328,060 $3,415,021 
Interest-bearing8,398,785 8,441,643 
Total deposits12,726,845 11,856,664 
FHLB advances 6,623 
Trust preferred borrowings67,011 67,011 
Senior debt147,823 246,617 
Other borrowed funds21,636 20,390 
Accrued interest payable1,977 1,450 
Other liabilities301,758 345,679 
Total liabilities13,267,050 12,544,434 
Stockholders’ Equity:
Common stock $0.01 par value, 90,000,000 shares authorized; issued 57,622,151 at June 30, 2021 and 57,575,783 at December 31, 2020
577 576 
Capital in excess of par value1,054,276 1,053,022 
Accumulated other comprehensive income10,238 56,007 
Retained earnings1,126,284 977,414 
Treasury stock at cost, 10,086,936 shares at June 30, 2021 and 9,819,627 shares at December 31, 2020
(307,321)(295,293)
Total stockholders’ equity of WSFS1,884,054 1,791,726 
Noncontrolling interest(2,243)(2,246)
Total stockholders' equity1,881,811 1,789,480 
Total liabilities and stockholders' equity$15,148,861 $14,333,914 

The accompanying notes are an integral part of these unaudited Consolidated Financial Statements.
7

Table of Contents
WSFS FINANCIAL CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
(Unaudited)
Six Months Ended June 30, 2021
(Dollars in thousands, except per share and share amounts)SharesCommon StockCapital in Excess of Par ValueAccumulated Other Comprehensive IncomeRetained EarningsTreasury StockTotal Stockholders' Equity of WSFSNon-controlling InterestTotal Stockholders' Equity
Balance, December 31, 202057,575,783 $576 $1,053,022 $56,007 $977,414 $(295,293)$1,791,726 $(2,246)$1,789,480 
Net income