WSFS Financial (WSFS) 10-Q3 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

COVER PAGE

COVER PAGE - shares	6 Months Ended
COVER PAGE - shares	Jun. 30, 2023	Jul. 31, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	001-35638
Entity Registrant Name	WSFS FINANCIAL CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	22-2866913
Entity Address, Address Line One	500 Delaware Ave
Entity Address, City or Town	Wilmington
Entity Address, State or Province	DE
Entity Address, Postal Zip Code	19801
City Area Code	302
Local Phone Number	792-6000
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	WSFS
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		61,056,600
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000828944
Current Fiscal Year End Date	--12-31

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest income:
Interest and fees on loans and leases	$ 207,884	$ 129,342	$ 401,608	$ 248,223
Interest on mortgage-backed securities	27,130	27,377	54,656	50,490
Interest and dividends on investment securities:
Taxable	700	702	1,404	1,404
Tax-exempt	1,482	638	3,015	1,257
Other interest income	4,573	1,961	7,469	2,783
Total interest income	241,769	160,020	468,152	304,157
Interest expense:
Interest on deposits	50,054	3,766	85,246	6,894
Interest on Federal Home Loan Bank advances	1,597	0	4,968	0
Interest on senior and subordinated debt	2,334	1,949	4,907	3,878
Interest on federal funds purchased	0	0	1,139	0
Interest on trust preferred borrowings	1,635	682	3,190	1,195
Interest on other borrowings	4,307	8	4,328	17
Total interest expense	59,927	6,405	103,778	11,984
Net interest income	181,842	153,615	364,374	292,173
Provision for credit losses	15,830	8,268	44,841	27,239
Net interest income after provision for credit losses	166,012	145,347	319,533	264,934
Noninterest income:
Loan and lease fee income	1,190	1,698	2,562	3,032
Unrealized gain (loss) on equity investments, net	0	5,991	(4)	5,988
Bank owned life insurance income	760	374	2,270	479
Total non interest income	66,871	72,029	129,998	132,603
Noninterest expense:
Salaries, benefits and other compensation	72,367	68,189	145,216	139,119
Occupancy expense	10,132	9,902	20,540	20,694
Equipment expense	10,810	10,388	20,602	20,761
Data processing and operations expenses	4,771	5,288	9,495	10,647
Professional fees	6,118	5,273	10,557	8,724
Marketing expense	2,165	1,637	3,881	2,903
FDIC expenses	2,863	1,468	5,445	2,859
Loan workout and other credit costs	536	(226)	481	102
Corporate development expense	2,796	6,393	3,536	40,431
Restructuring expense	(26)	3,934	(787)	21,448
Other operating expense	28,721	21,803	55,332	40,818
Noninterest expenses	141,253	134,049	274,298	308,506
Income before taxes	91,630	83,327	175,233	89,031
Income tax provision	23,035	22,425	43,976	24,162
Net income	68,595	60,902	131,257	64,869
Less: Net (loss) income attributable to noncontrolling interest	(83)	162	175	325
Net income attributable to WSFS	$ 68,678	$ 60,740	$ 131,082	$ 64,544
Earnings per share:
Basic (in dollars per share)	$ 1.12	$ 0.95	$ 2.13	$ 1
Diluted (in dollars per share)	$ 1.12	$ 0.94	$ 2.13	$ 1
Weighted average shares of common stock outstanding:
Basic (in shares)	61,348,200	64,224,018	61,429,008	64,581,321
Diluted (in shares)	61,414,273	64,283,288	61,526,331	64,696,053
Total credit/debit card and ATM income
Noninterest income:
Noninterest income	$ 14,430	$ 8,772	$ 27,791	$ 16,453
Investment management and fiduciary income
Noninterest income:
Noninterest income	32,379	31,192	62,855	61,373
Deposit service charges
Noninterest income:
Noninterest income	6,277	6,071	12,316	11,896
Mortgage banking activities, net
Noninterest income:
Noninterest income	1,304	2,211	2,426	5,109
Total other income
Noninterest income:
Noninterest income	$ 10,531	$ 15,720	$ 19,782	$ 28,273

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income		$ 68,595	$ 60,902	$ 131,257	$ 64,869
Less: Net (loss) income attributable to noncontrolling interest		(83)	162	175	325
Net income attributable to WSFS		68,678	60,740	131,082	64,544
Net change in unrealized (losses) gains on investment securities available-for-sale
Net unrealized (losses) gains arising during the period, net of tax (benefit) expense of $(12,747), $(26,975), $3,993, and $(114,107), respectively		(40,367)	(85,422)	12,643	(361,340)
Net change in securities held-to-maturity
Net change unrealized gains (losses) on available-for-sale securities reclassified to held-to-maturity, net of tax (benefit) expense of $(1,386), $37,830, $(2,702), and $37,839, respectively(1)	[1]	4,393	(119,796)	8,558	(119,824)
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 of $17, 9, $28, and $17, respectively		(54)	(28)	(89)	(55)
Net change in cash flow hedge
Net unrealized (gain) loss arising during the period, net of tax expense of $(466), $—, $(361), and $—, respectively		(1,475)	0	(1,143)	1
Amortization of unrealized gain on terminated cash flow hedges, net of tax benefit of $13, $13, $25, and $25, respectively		(40)	(40)	(80)	(80)
Net change in cash flow hedge		(1,515)	(40)	(1,223)	(79)
Net change in equity method investments
Net change in other comprehensive income of equity method investments, net of tax (benefit) expense of $(32), $59, $(33), and $59, respectively		(101)	188	(104)	188
Net current-period other comprehensive (loss) income		(37,644)	(205,098)	19,785	(481,110)
Total comprehensive income (loss)		$ 31,034	$ (144,358)	$ 150,867	$ (416,566)

[1]Includes $119.8 million, net of tax benefit, of unrealized losses on transferred investment securities with a book value of $1.1 billion from available-for-sale to held-to-maturity that were transferred in June 2022.

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Unrealized gains (losses)	$ (12,747)	$ (26,975)	$ 3,993	$ (114,107)
Amortization of unrealized (gains) losses on securities reclassified to held-to-maturity, tax (benefit) expense	(1,386)	37,830	(2,702)	37,839
Change in unfunded pension liability related to unrealized loss, prior service cost and transition obligation, tax benefit	(17)	(9)	(28)	(17)
Reclassification adjustment related to derivatives, tax expense	(466)	0	(361)	0
Amortization of unrealized gain on terminated cash flow hedges, tax benefit	13	13	25	25
Equity method investment tax benefit	$ (32)	59	(33)	59
Fannie Mae (FNMA) mortgage-backed securities (MBS)
Amortization of unrealized (gains) losses on securities reclassified to held-to-maturity, tax (benefit) expense		$ 119,800		$ 119,800
Securities transferred to held-to-maturity from available-for-sale, book value			$ 1,100,000

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets:
Cash and due from banks	$ 723,034	$ 332,961
Cash in non-owned ATMs	386,176	499,017
Interest-bearing deposits in other banks including collateral (restricted cash) of $5,940 at June 30, 2023 and $4,650 at December 31, 2022	6,350	5,280
Total cash, cash equivalents, and restricted cash	1,115,560	837,258
Investment securities, available-for-sale (amortized cost of $4,679,774 at June 30, 2023 and $4,834,550 at December 31, 2022	3,954,918	4,093,060
Investment securities, held-to-maturity, net of allowance for credit losses of $8 at June 30, 2023 and $10 at December 31, 2022 (fair value $1,005,843 at June 30, 2023 and $1,040,104 at December 31, 2022)	1,079,768	1,111,619
Other investments	24,560	26,120
Loans, held for sale at fair value	43,065	42,985
Loans and leases, net of allowance for credit losses of $171,869 at June 30, 2023 and $151,861 at December 31, 2022	12,168,047	11,759,992
Bank owned life insurance	101,108	101,935
Stock in Federal Home Loan Bank (FHLB) of Pittsburgh at cost	9,399	24,116
Other real estate owned	527	833
Accrued interest receivable	77,830	74,448
Premises and equipment	108,389	115,603
Goodwill	883,637	883,637
Intangible assets	120,641	128,595
Other assets	698,242	714,554
Total assets	20,385,691	19,914,755
Deposits:
Noninterest-bearing	5,462,461	5,739,647
Interest-bearing	10,965,495	10,463,922
Total deposits	16,427,956	16,203,569
FHLB advances	0	350,000
Trust preferred borrowings	90,540	90,442
Senior and subordinated debt	218,285	248,169
Other borrowed funds	590,668	38,283
Accrued interest payable	25,718	5,174
Other liabilities	725,140	777,232
Total liabilities	18,078,307	17,712,869
Stockholders’ Equity:
Common stock $0.01 par value, 90,000,000 shares authorized; issued 76,021,963 at June 30, 2023 and 75,921,997 at December 31, 2022	760	759
Capital in excess of par value	1,977,945	1,974,210
Accumulated other comprehensive loss	(656,059)	(675,844)
Retained earnings	1,523,849	1,411,243
Treasury stock at cost, 14,929,363 shares at June 30, 2023 and 14,310,085 shares at December 31, 2022	(531,836)	(505,255)
Total stockholders’ equity of WSFS	2,314,659	2,205,113
Noncontrolling interest	(7,275)	(3,227)
Total stockholders' equity	2,307,384	2,201,886
Total liabilities and stockholders' equity	$ 20,385,691	$ 19,914,755

CONSOLIDATED STATEMENTS OF FI_2

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Interest-bearing deposits in banks and other financial institutions, collateral	$ 5,940	$ 4,650
Amortized cost	4,679,774	4,834,550
Allowance for credit losses	8	10
Held-to-maturity securities, fair value	1,005,843	1,040,104
Allowance for credit losses	$ 171,869	$ 151,861
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	90,000,000	90,000,000
Common stock, issued (in shares)	76,021,963	75,921,997
Treasury stock, shares (in shares)	14,929,363	14,310,085

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands		Total	Total Stockholders' Equity of WSFS	Common Stock	Capital in Excess of Par Value	Accumulated Other Comprehensive Loss	Retained Earnings	Treasury Stock	Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2021				57,695,676
Beginning balance at Dec. 31, 2021		$ 1,937,016	$ 1,939,099	$ 577	$ 1,058,997	$ (37,768)	$ 1,224,614	$ (307,321)	$ (2,083)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		64,869	64,544				64,544		325
Other comprehensive income (loss)		(481,110)	(481,110)			(481,110)
Cash dividend		(16,966)	(16,966)				(16,966)
Contributions from noncontrolling shareholders		187							187
Issuance of common stock including proceeds from exercise of common stock options (in shares)				57,776
Issuance of common stock including proceeds from exercise of common stock options		432	432	$ 1	431
Issuance of common stock in acquisition of BMT (in shares)				18,116,848
Issuance of common stock in acquisition of BMT		908,016	908,016	$ 181	907,835
Noncontrolling interest assumed in acquisition		913							913
Stock-based compensation expense		3,061	3,061		3,061
Repurchases of common stock	[1]	(101,716)	(101,716)		(2,149)			(99,567)
Ending balance (in shares) at Jun. 30, 2022				75,870,300
Ending balance at Jun. 30, 2022		2,312,876	2,315,360	$ 759	1,968,175	(518,878)	1,272,192	(406,888)	(2,484)
Beginning balance (in shares) at Mar. 31, 2022				75,832,292
Beginning balance at Mar. 31, 2022		2,517,817	2,520,463	$ 758	1,967,972	(313,780)	1,219,882	(354,369)	(2,646)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		60,902	60,740				60,740		162
Other comprehensive income (loss)		(205,098)	(205,098)			(205,098)
Cash dividend		(8,430)	(8,430)				(8,430)
Issuance of common stock including proceeds from exercise of common stock options (in shares)				38,008
Issuance of common stock including proceeds from exercise of common stock options		3	3	$ 1	2
Stock-based compensation expense		1,728	1,728		1,728
Repurchases of common stock	[2]	(54,046)	(54,046)		(1,527)			(52,519)
Ending balance (in shares) at Jun. 30, 2022				75,870,300
Ending balance at Jun. 30, 2022		2,312,876	2,315,360	$ 759	1,968,175	(518,878)	1,272,192	(406,888)	(2,484)
Beginning balance (in shares) at Dec. 31, 2022				75,921,997
Beginning balance at Dec. 31, 2022		2,201,886	2,205,113	$ 759	1,974,210	(675,844)	1,411,243	(505,255)	(3,227)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		131,257	131,082				131,082		175
Other comprehensive income (loss)		19,785	19,785			19,785
Cash dividend		(18,476)	(18,476)				(18,476)
Distributions to noncontrolling shareholders		(4,223)							(4,223)
Issuance of common stock including proceeds from exercise of common stock options (in shares)				99,966
Issuance of common stock including proceeds from exercise of common stock options		363	363	$ 1	362
Stock-based compensation expense		5,738	5,738		5,738
Repurchases of common stock		(28,946)	(28,946)		(2,365)			(26,581)
Ending balance (in shares) at Jun. 30, 2023				76,021,963
Ending balance at Jun. 30, 2023		2,307,384	2,314,659	$ 760	1,977,945	(656,059)	1,523,849	(531,836)	(7,275)
Beginning balance (in shares) at Mar. 31, 2023				75,958,600
Beginning balance at Mar. 31, 2023		2,303,344	2,306,362	$ 759	1,977,757	(618,415)	1,464,392	(518,131)	(3,018)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		68,595	68,678				68,678		(83)
Other comprehensive income (loss)		(37,644)	(37,644)			(37,644)
Cash dividend		(9,221)	(9,221)				(9,221)
Distributions to noncontrolling shareholders		(4,174)							(4,174)
Issuance of common stock including proceeds from exercise of common stock options (in shares)				63,363
Issuance of common stock including proceeds from exercise of common stock options		1	1	$ 1
Stock-based compensation expense		2,553	2,553		2,553
Repurchases of common stock	[3]	(16,070)	(16,070)		(2,365)			(13,705)
Ending balance (in shares) at Jun. 30, 2023				76,021,963
Ending balance at Jun. 30, 2023		$ 2,307,384	$ 2,314,659	$ 760	$ 1,977,945	$ (656,059)	$ 1,523,849	$ (531,836)	$ (7,275)

[1]Repurchase of common stock includes 2,124,587 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors and 100,093 shares withheld to cover tax liabilities.[2]Repurchase of common stock includes 1,185,602 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors, and 96,663 shares withheld to cover tax liabilities.[3]Repurchase of common stock includes 357,278 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors, and 37,231 shares withheld to cover tax liabilities.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Cash dividend (in dollars per share)	$ 0.15	$ 0.13	$ 0.30	$ 0.26
Shares withheld for tax liabilities (in shares)	37,231		45,489	100,093
Treasury Stock
Repurchase of common stock (in shares)	357,278	1,185,602	619,278	2,124,587
Shares withheld for tax liabilities (in shares)		96,663

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating activities:
Net income	$ 131,257	$ 64,869
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	44,841	27,239
Depreciation of premises and equipment, net	9,023	15,076
Accretion of fees and discounts, net	(14,346)	(5,537)
Amortization of intangible assets	7,689	10,605
Amortization of right-of-use lease assets	8,813	11,599
Decrease in operating lease liability	(6,450)	(9,254)
Income from mortgage banking activities, net	(2,426)	(5,109)
Loss (gain) on sale of other real estate owned and valuation adjustments, net	195	(255)
Stock-based compensation expense	5,738	3,061
Unrealized loss (gain) on equity investments, net	4	(5,988)
Deferred income tax expense (benefit)	1,919	(3,448)
Increase in accrued interest receivable	(3,382)	(3,421)
Decrease in other assets	11,184	17,909
Origination of loans held for sale	(131,703)	(324,227)
Proceeds from sales of loans held for sale	85,096	321,515
Decrease in value of bank owned life insurance	827	109
Increase in capitalized interest, net	(649)	(1,202)
Increase (decrease) in accrued interest payable	20,544	(887)
(Decrease) increase in other liabilities	(45,616)	126,515
Net cash provided by operating activities	122,558	239,169
Investing activities:
Purchases of investment securities held to maturity	0	(49,088)
Repayments, maturities and calls of investment securities held-to-maturity	41,961	28,487
Purchases of investment securities available-for-sale	(20,030)	(1,166,663)
Repayments, maturities and calls of investment securities available-for-sale	173,145	784,871
Proceeds from bank-owned life insurance death benefit	0	1,437
Net (increase) decrease in loans	(238,112)	86,523
Net cash from business combinations	0	573,745
Purchase of loans held-for-investment	(159,669)	(137,008)
Purchases of stock of Federal Home Loan Bank of Pittsburgh	(103,879)	(1,314)
Redemptions of stock of Federal Home Loan Bank of Pittsburgh	118,596	1
Sales of other real estate owned	604	1,844
Investment in premises and equipment	(1,812)	(4,436)
Sales of premises and equipment	3	891
Net cash (used in) provided by investing activities	(189,193)	119,290
Financing activities:
Net (decrease) increase in demand and saving deposits	(370,288)	32,850
Increase (decrease) in time deposits	536,663	(91,628)
Increase (decrease) in brokered deposits	44,844	(37,948)
Receipts from FHLB advances	5,265,000	0
Repayments of FHLB advances	(5,615,000)	0
Receipts from federal funds purchased	5,150,000	0
Repayments of federal funds purchased	(5,150,000)	0
Receipts from Bank Term Funding Program	565,000	0
(Distributions to) contributions from noncontrolling shareholders	(4,223)	187
Cash dividend	(18,476)	(16,966)
Issuance of common stock including proceeds from exercise of common stock options	363	432
Redemption of senior and subordinated debt	(30,000)	0
Repurchases of common shares	(28,946)	(101,716)
Net cash provided by (used in) financing activities	344,937	(214,789)
Increase in cash, cash equivalents, and restricted cash	278,302	143,670
Cash, cash equivalents, and restricted cash at beginning of period	837,258	1,532,939
Cash, cash equivalents, and restricted cash at end of period	1,115,560	1,676,609
Cash paid during the period for:
Interest	83,234	9,630
Income taxes	48,698	15,796
Non-cash information:
Loans transferred to other real estate owned	298	0
Loans transferred to portfolio from held-for-sale at fair value	46,103	54,684
Available-for-sale securities purchased, not settled	2,667	0
Held-to-maturity securities purchased, not settled	0	8,355
Securities transferred to held-to-maturity from available-for-sale at fair value	0	931,421
Fair value of assets acquired, net of cash received	0	4,712,782
Fair value of liabilities assumed	$ 0	$ 4,378,511

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
BASIS OF PRESENTATION	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	1. BASIS OF PRESENTATION General These unaudited Consolidated Financial Statements include the accounts of WSFS Financial Corporation (WSFS, and together with its subsidiaries, the Company), and its consolidated subsidiaries. WSFS’ primary subsidiary is Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank). As of June 30, 2023, the other subsidiaries of WSFS include WSFS Wealth Management, LLC (Powdermill ® ), Bryn Mawr Capital Management, LLC (BMCM), WSFS SPE Services, LLC, The Bryn Mawr Trust Company of Delaware (BMT-DE), and 601 Perkasie, LLC. The Company also has three unconsolidated subsidiaries: WSFS Capital Trust III, Royal Bancshares Capital Trust I, and Royal Bancshares Capital Trust II . WSFS Bank has two wholly-owned subsidiaries: Beneficial Equipment Finance Corporation (BEFC) and 1832 Holdings, Inc. , and one majority-owned subsidiary, NewLane Finance Company (NewLane Finance ® ). On January 1, 2023, WSFS completed the merger and brand conversion of WSFS Capital Management, LLC (West Capital) and Cypress Capital Management, LLC and renamed the combined entity Bryn Mawr Capital Management, LLC. BMCM is registered as an investment advisor with the U.S. Securities and Exchange Commission and is a wholly-owned subsidiary of WSFS. Overview Founded in 1832, the Bank is one of the ten oldest bank and trust companies continuously operating under the same name in the United States (U.S.). The Company provides residential and commercial real estate, commercial and consumer lending services, as well as consumer deposit and cash management services. The Company's core banking business is commercial lending funded primarily by customer-generated deposits. In addition, the Company offers a variety of wealth management and trust services to individuals, institutions and corporations. The Federal Deposit Insurance Corporation (FDIC) insures the customers’ deposits to their legal maximums. The Company serves its customers primarily from 114 offices located in Pennsylvania (59 ), Delaware ( 39) , New Jersey (14 ), Virginia (1) and Nevada (1), its ATM network, website at www.wsfsbank.com and mobile app. Information on the website is not incorporated by reference into this Quarterly Report on Form 10-Q. Basis of Presentation In preparing the unaudited Consolidated Financial Statements, the Company is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses. Amounts subject to significant estimates include the allowance for credit losses (including loans and leases held for investment, investment securities available-for-sale and held-to-maturity), lending-related commitments, goodwill, intangible assets, post-retirement benefit obligations, the fair value of financial instruments, and income taxes. Among other effects, changes to these estimates could result in future impairments of investment securities, goodwill and intangible assets, the establishment of additional allowance and lending-related commitment reserves, changes in the fair value of financial instruments, as well as increased post-retirement benefits and income tax expense. The Company's accounting and reporting policies conform to Generally Accepted Accounting Principles in the U.S. (GAAP), prevailing practices within the banking industry for interim financial information and Rule 10-01 of SEC Regulation S-X (Rule 10-01). Rule 10-01 does not require us to include all information and notes that would be required in audited financial statements. Certain prior period amounts have been reclassified to conform with current period presentation. Operating results for the periods presented are not necessarily indicative of the results that may be expected for any future quarters or for the year ending December 31, 2023. These unaudited, interim Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and related notes included in the Annual Report on Form 10-K for the year ended December 31, 2022 (the 2022 Annual Report on Form 10-K) that was filed with the SEC on February 28, 2023 and is available at www.sec.gov or on the website at www.wsfsbank.com . All significant intercompany accounts and transactions were eliminated in consolidation.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SIGNIFICANT ACCOUNTING POLICIES: The significant accounting policies used in preparation of the Consolidated Financial Statements are disclosed in the Company's 2022 Annual Report on Form 10-K. Those significant accounting policies remain unchanged at June 30, 2023, except for the following: Past Due and Nonaccrual Loans Past due loans are defined as loans contractually past due 90 days or more as to principal or interest payments. Past due loans 90 days or more that remain in accrual status are considered well secured and in the process of collection. Nonaccruing loans are those on which the accrual of interest has ceased. Loans are placed on nonaccrual status immediately if, in the opinion of the Company, collection is doubtful, or when principal or interest is past due 90 days or more and the loan is not well secured and in the process of collection. Interest accrued but not collected at the date a loan is placed on nonaccrual status is reversed and charged against interest income. In addition, the amortization of net deferred loan fees is suspended when a loan is placed on nonaccrual status. Subsequent cash receipts are applied either to the outstanding principal balance or recorded as interest income, depending on the Company’s assessment of the ultimate collectability of principal and interest. Loans are returned to accrual status when the Company assesses that the borrower has the ability to make all principal and interest payments in accordance with the terms of the loan (i.e., a consistent repayment record, generally six consecutive payments, has been demonstrated). For loans greater than 90 days past due, unless loans are well-secured and collection is imminent, their respective reserves are generally charged off once the loss has been confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged off and expected to be charged off. A loan, for which the terms have been modified in the current reporting period in the form of principal forgiveness, an interest rate reduction, an other than-insignificant payment delay, or a term extension to a borrower experiencing financial difficulty, is considered a troubled loan. The assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. Principal balances are generally not forgiven when a loan is modified as a troubled loan. Nonaccruing troubled loans remain in nonaccrual status until there has been a period of sustained repayment performance demonstrated and repayment is reasonably assured. Since the effect of most troubled loans are already included in the Company’s estimate of expected credit losses, a change to the allowance for credit losses is generally not recorded upon modification. For additional detail regarding past due and nonaccrual loans, see Note 7. Allowance for Credit Losses - Loans and Leases The Company establishes its allowance in accordance with guidance provided in ASC 326, Financial Instruments - Credit Losses . The allowance for credit losses includes quantitative and qualitative factors that comprise the Company's current estimate of expected credit losses, including the Company's portfolio mix and segmentation, modeling methodology, historical loss experience, relevant available information from internal and external sources relating to qualitative adjustment factors, prepayment speeds and reasonable and supportable forecasts about future economic conditions. The Company's portfolio segments, established based on similar risk characteristics and loss behaviors, are: • Commercial Loans and Leases: Commercial and industrial - real estate secured, commercial and industrial - non-real estate secured, owner-occupied commercial, commercial mortgages, construction and commercial small business leases, and • Residential and Consumer Loans: Residential mortgage, equity secured lines and loans, installment loans, unsecured lines of credit, originated education loans and previously acquired education loans. Expected credit losses are net of expected recoveries and estimated over the contractual term, adjusted for expected prepayments. The contractual term excludes any extensions, renewals and modifications unless they are not unconditionally cancellable. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. Expected prepayments are based on historical experience and considers adjustments for current and future economic conditions. The allowance includes two primary components: (i) an allowance established on loans which share similar risk characteristics collectively evaluated for credit losses (collective basis) and (ii) an allowance established on loans which do not share similar risk characteristics with any loan segment and are individually evaluated for credit losses (individual basis). Loans that share similar risk characteristics are collectively reviewed for credit loss and are evaluated based on historical loss experience, adjusted for current economic conditions and future economic forecasts. Estimated losses are determined differently for commercial and residential and consumer loans, and each portfolio segment is further segmented by internally assessed risk ratings. The Company uses a single scenario third-party economic forecast to adjust the calculated historical loss rates of the portfolio segments to incorporate the effects of current and future economic conditions. The Company's economic forecast considers the general health of the economy, the interest rate environment, real estate pricing and market risk. The Company's forecast extends out 6 quarters (the forecast period) and reverts to the historical loss rates on a straight-line basis over 4 quarters (the reversion period) as it believes this to be reasonable and supportable in the current environment. The economic forecast and reversion periods will be evaluated periodically by the Company and updated as appropriate. The historical loss rates for commercial loans are estimated by determining the probability of default (PD) and expected loss given default (LGD) and are applied to the loans' exposure at default. The probability of default is calculated based on the historical rate of migration to an event of credit loss during the look-back period. The historical loss rates for consumer loans is calculated based on average net loss rates over the same look-back period. The current look-back period is 49 quarters which ensures historical loss rates are adequately considering losses within a full credit cycle. Loans that do not share similar risk characteristics with any loan segments are evaluated on an individual basis. These loans, which may include troubled loans, are not included in the collective basis evaluation. When it is probable the Company will not collect all principal and interest due according to their contractual terms, which is assessed based on the credit characteristics of the loan and/or payment status, these loans are individually reviewed and measured for potential credit loss. The amount of the potential credit loss is measured using any of the following three methods: (i) the present value of expected future cash flows discounted at the loan’s effective interest rate; (ii) the fair value of collateral if the loan is collateral dependent; or (iii) the loan’s observable market price. If the measured fair value of the loan is less than the amortized cost basis of the loan, an allowance for credit loss is recorded. For collateral dependent loans, the expected credit losses at the individual asset level are the difference between the collateral's fair value (less cost to sell) and the amortized cost. Qualitative adjustment factors consider various internal and external conditions which are allocated among loan segments and take into consideration: • Current underwriting policies, staff and portfolio concentrations, • Risk rating accuracy, credit and administration, • Internal risk emergence (including internal trends of delinquency, and criticized loans by segment), • Economic forecasts and conditions - locally and nationally (including market trends impacting collateral values), which is separate from or in addition to the third-party economic forecast described above, and • Competitive environment, as it could impact loan structure and underwriting. These factors are based on their relative standing compared to the period in which historical losses are used in quantitative reserve estimates and current directional trends, and reasonable and supportable forecasts. Qualitative factors can add to or subtract from quantitative reserves. The Company's loan officers and risk managers meet at least quarterly to discuss and review the conditions and risks associated with individual problem loans. In addition, various regulatory agencies periodically review the Company's loan ratings and allowance for credit losses and the Bank's internal loan review department performs recurring loan reviews. Accrued interest receivable on loans is excluded from the estimate of credit losses and is included in Accrued interest receivable on the unaudited Consolidated Statements of Financial Condition. For additional detail regarding the allowance for credit losses and the provision for credit losses, see Note 7. RECENT ACCOUNTING PRONOUNCEMENTS Accounting Guidance Adopted in 2023 ASU No. 2022-02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures: In March 2022, the FASB issued ASU No. 2022-02 , Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. The guidance eliminates the accounting guidance for troubled debt restructurings by creditors (ASC 310-40) while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. The guidance also requires that an entity disclose current-period write-offs by year of origination for financing receivables and net investments in leases within the scope of Topic 326. The Company adopted this guidance prospectively on January 1, 2023. For further details on the impact of the adoption and accounting policies, see updated Significant Accounting Policies, as described above, and troubled loans disclosures in Note 7 - Allowance for Credit Losses and Credit Quality Information . Accounting Guidance Pending Adoption as of June 30, 2023 ASU No. 2023-01, Leases (Topic 842) Common Control Agreements: In March 2023, the FASB issued ASU No. 2023-01 , Leases (Topic 842) Common Control Agreements. The amendment clarifies the accounting for leasehold improvements associated with common control leases by allowing the lessee to amortize the leasehold improvements over the useful life of the common control group’s use of the underlying asset, regardless of the lease term. The guidance is effective for fiscal years beginning after December 15, 2023. Early adoption is permitted. Adoption is required on a modified retrospective basis, consistent with the Company's adoption of Topic 842. The Company does not expect this update to have a material impact on the Consolidated Financial Statements. ASU No. 2023-02, Investments—Equity Method and Joint Ventures (Topic 323) Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method: In March 2023, The FASB issued ASU 2023-02, Investments—Equity Method and Joint Ventures (Topic 323) Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method . The amendments permit reporting entities to elect to account for any equity investments in a tax credit program using the proportional amortization method if certain conditions are met. The amendments are effective for fiscal years beginning after December 15, 2023. Early adoption is permitted. Adoption is required on a prospective, modified retrospective, or retrospective basis depending on the amendment. The Company does not expect this update to have a material impact on the Consolidated Financial Statements.

NONINTEREST INCOME

NONINTEREST INCOME	6 Months Ended
NONINTEREST INCOME	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
NONINTEREST INCOME	3. NONINTEREST INCOME Credit/debit card and ATM income The following table presents the components of credit/debit card and ATM income: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Bailment fees $ 9,385 $ 4,014 $ 18,069 $ 6,799 Interchange fees 3,993 3,890 7,879 7,989 Other card and ATM fees 1,052 868 1,843 1,665 Total credit/debit card and ATM income $ 14,430 $ 8,772 $ 27,791 $ 16,453 Credit/debit card and ATM income is composed of bailment fees, interchange fees, and other card and ATM fees. Bailment fees are earned from bailment arrangements with customers. Bailment arrangements are legal relationships in which property is delivered to another party without a transfer of ownership. The party who transferred the property (the bailor) retains ownership interest of the property. In the event that the bailee files for bankruptcy protection, the property is not included in the bailee's assets. The bailee pays an agreed-upon fee for the use of the bailor's property in exchange for the bailor allowing use of the assets at the bailee's site. Bailment fees are earned from cash that is made available for customers' use at an offsite location, such as cash located in an ATM at a customer's place of business. These fees are typically indexed to a market interest rate. This revenue stream generates fee income through monthly billing for bailment services. Credit/debit card and ATM income also includes interchange fees. Interchange fees are paid by a merchant's bank to a bank that issued a debit or credit card used in a transaction to compensate the issuing bank for the value and benefit the merchant receives from accepting electronic payments. These revenue streams generate fee income at the time a transaction occurs and are recorded as revenue at the time of the transaction. Investment management and fiduciary income The following table presents the components of investment management and fiduciary income: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Trust fees $ 21,936 $ 20,398 $ 42,452 $ 39,488 Wealth management and advisory fees 10,443 10,794 20,403 21,885 Total investment management and fiduciary income $ 32,379 $ 31,192 $ 62,855 $ 61,373 Investment management and fiduciary income is composed of trust fees and wealth management and advisory fees. Trust fees are based on revenue earned from custody, escrow, trustee and trustee related services on structured finance transactions; indenture trustee, administrative agent and collateral agent services to individuals, institutions and corporations; commercial domicile and independent director services; and investment and trustee services to families and individuals. Most fees are flat fees, except for a portion of personal and corporate trustee fees where the Company earns a percentage on the assets under management or assets held within a trust. This revenue stream primarily generates fee income through monthly, quarterly and annual billings for services provided. Wealth management and advisory fees consists of fees from Bryn Mawr Trust (excluding BMT-DE), BMCM, Powdermill ® , and WSFS Wealth ® Investments. Wealth management and advisory fees are based on revenue earned from services including asset management, financial planning, family office, and brokerage. The fees are based on the market value of assets, are assessed as a flat fee, or are brokerage commissions. This revenue stream primarily generates fee income through monthly, quarterly and annual billings for the services. Deposit service charges The following table presents the components of deposit service charges: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Service fees $ 4,315 $ 3,972 $ 8,451 $ 7,856 Return and overdraft fees 1,720 1,896 3,367 3,671 Other deposit service fees 242 203 498 369 Total deposit service charges $ 6,277 $ 6,071 $ 12,316 $ 11,896 Deposit service charges includes revenue earned from core deposit products, certificates of deposit, and brokered deposits. The Company generates fee revenues from deposit service charges primarily through service charges and overdraft fees. Service charges consist primarily of monthly account maintenance fees, cash management fees, foreign ATM fees and other maintenance fees. All of these revenue streams generate fee income through service charges for monthly account maintenance and similar items, transfer fees, late fees, overlimit fees, and stop payment fees. Revenue is recorded at the time of the transaction. Other income The following table presents the components of other income: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Managed service fees $ 5,216 $ 4,387 $ 10,015 $ 8,225 Currency preparation 1,342 929 2,624 1,800 ATM loss protection 647 674 1,295 1,282 Capital markets revenue 1,710 3,437 4,589 4,945 Miscellaneous products and services (1) 1,616 6,293 1,259 12,021 Total other income $ 10,531 $ 15,720 $ 19,782 $ 28,273 (1) Includes commissions income from BMT Insurance Advisors (BMTIA) in 2022. The BMTIA business was sold at the end of the second quarter of 2022. Other income consists of managed service fees, which are primarily courier fees related to cash management, currency preparation, ATM loss protection, capital markets revenue, and other miscellaneous products and services offered by the Bank. These fees are primarily generated through monthly billings or at the time of the transaction. Capital markets revenue consists of fees related to interest rate swaps, risk participation agreements, foreign exchange contracts, letters of credit, and trade finance products and services offered by the Bank. Through its subsidiary BMTIA, the Bank earned commissions from the sale of insurance policies, which are generally calculated as a percentage of the policy premium, and contingent income, which is calculated based on the volume and performance of the policies held by each carrier. Obligations for the sale of insurance policies are generally satisfied at the point in time which the policy is executed and are recognized at the point in time in which the amounts are known and collection is reasonably assured. Performance metrics for contingent income are generally satisfied over time, not exceeding one year, and are recognized at the point in time in which the amounts are known and collection is reasonably assured. The Company's contracts with customers may include multiple performance obligations. For such arrangements, the Company allocates revenue to each performance obligation based on its relative standalone selling price. The Company generally determines standalone selling prices based on the prices charged to customers. Practical expedients and exemptions The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which it has the right to invoice for services performed.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
EARNINGS PER SHARE	Jun. 30, 2023
Earnings Per Share [Abstract]
EARNINGS PER SHARE	4. EARNINGS PER SHARE The following table shows the computation of basic and diluted earnings per share: Three Months Ended June 30, Six Months Ended June 30, (Dollars and shares in thousands, except per share data) 2023 2022 2023 2022 Numerator: Net income attributable to WSFS $ 68,678 $ 60,740 $ 131,082 $ 64,544 Denominator: Weighted average basic shares 61,348 64,224 61,429 64,581 Dilutive potential common shares 66 59 97 115 Weighted average fully diluted shares 61,414 64,283 $ 61,526 $ 64,696 Earnings per share: Basic $ 1.12 $ 0.95 $ 2.13 $ 1.00 Diluted $ 1.12 $ 0.94 $ 2.13 $ 1.00 Outstanding common stock equivalents having no dilutive effect 98 51 22 7 Basic earnings per share is calculated by dividing Net income attributable to WSFS by the weighted-average basic shares outstanding. Diluted earnings per share is calculated by dividing Net income attributable to WSFS by the weighted-average fully diluted shares outstanding, using the treasury stock method. Fully diluted shares include the adjustment for the dilutive effect of common stock awards, which include outstanding stock options and unvested restricted stock units under the 2013 Incentive Plan and the 2018 Incentive Plan.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
INVESTMENT SECURITIES	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	5. INVESTMENT SECURITIES Debt Securities The following tables detail the amortized cost, allowance for credit losses and the estimated fair value of the Company's investments in available-for-sale and held-to-maturity debt securities. None of the Company's investments in debt securities are classified as trading. June 30, 2023 (Dollars in thousands) Amortized Cost Gross Gross Allowance for Credit Losses Fair Available-for-Sale Debt Securities Collateralized mortgage obligation (CMO) $ 585,518 $ — $ 101,792 $ — $ 483,726 Fannie Mae (FNMA) mortgage-backed securities (MBS) 3,688,588 — 558,010 — 3,130,578 Freddie Mac (FHLMC) MBS 131,282 — 13,405 — 117,877 Ginnie Mae (GNMA) MBS 47,661 — 3,404 — 44,257 Government-sponsored enterprises (GSE) agency notes 226,725 — 48,245 — 178,480 $ 4,679,774 $ — $ 724,856 $ — $ 3,954,918 Held-to-Maturity Debt Securities (1) FNMA MBS $ 892,199 $ — $ 72,297 $ — $ 819,902 State and political subdivisions 187,577 814 2,442 8 185,941 $ 1,079,776 $ 814 $ 74,739 $ 8 $ 1,005,843 (1) Held-to-maturity securities transferred from available-for-sale are included in held-to-maturity at fair value basis at the time of transfer. The amortized cost of transferred held-to-maturity securities included net unrealized losses of $131.5 million at June 30, 2023, which are offset in Accumulated other comprehensive loss . At the time of transfer, there was no allowance for credit loss on the available-for-sale securities. Subsequent to transfer, the securities were evaluated for credit loss. December 31, 2022 (Dollars in thousands) Amortized Cost Gross Gross Allowance for Credit Losses Fair Available-for-Sale Debt Securities CMO $ 608,834 $ — $ 102,454 $ — $ 506,380 FNMA MBS 3,823,036 — 572,778 — 3,250,258 FHLMC MBS 135,554 — 13,555 — 121,999 GNMA MBS 39,116 — 2,978 — 36,138 GSE agency notes 228,010 — 49,725 — 178,285 $ 4,834,550 $ — $ 741,490 $ — $ 4,093,060 Held-to-Maturity Debt Securities (1) FNMA MBS $ 909,498 $ — $ 68,677 $ — $ 840,821 State and political subdivisions 201,631 532 3,372 10 198,781 Foreign bonds 500 2 — — 502 $ 1,111,629 $ 534 $ 72,049 $ 10 $ 1,040,104 (1) Held-to-maturity securities transferred from available-for-sale are included in held-to-maturity at fair value at the time of transfer. The amortized cost of transferred held-to-maturity securities included net unrealized losses of $142.8 million at December 31, 2022, which are offset in Accumulated other comprehensive loss . At the time of transfer, there was no allowance for credit loss on the available-for-sale securities. Subsequent to transfer, the securities were evaluated for credit loss. The scheduled maturities of available-for-sale debt securities at June 30, 2023 and December 31, 2022 are presented in the table below: Available-for-Sale Amortized Fair (Dollars in thousands) Cost Value June 30, 2023 (1) Within one year $ 17,445 $ 16,573 After one year but within five years 67,943 63,357 After five years but within ten years 564,061 473,869 After ten years 4,030,325 3,401,119 $ 4,679,774 $ 3,954,918 December 31, 2022 (1) Within one year $ — $ — After one year but within five years 83,014 77,499 After five years but within ten years 465,777 398,607 After ten years 4,285,759 3,616,954 $ 4,834,550 $ 4,093,060 (1) Actual maturities could differ from contractual maturities. As of June 30, 2023, the Company’s available-for-sale investment securities consisted of 963 securities, 961 of which were in an unrealized loss position. As of June 30, 2023, substantially all of the Corporation’s available-for-sale investment securities were mortgage-backed securities or collateral mortgage obligations which were issued or guaranteed by U.S. government-sponsored entities and agencies. As of June 30, 2023 and December 31, 2022, there were no holdings of securities of any one issuer, other than the U.S. government and its agencies, in an amount greater than 10% of shareholders’ equity. The scheduled maturities of held-to-maturity debt securities at June 30, 2023 and December 31, 2022 are presented in the table below: Held-to-Maturity Amortized Fair (Dollars in thousands) Cost Value June 30, 2023 (1) Within one year $ 230 $ 230 After one year but within five years 8,004 7,935 After five years but within ten years 40,366 40,011 After ten years 1,031,176 957,667 $ 1,079,776 $ 1,005,843 December 31, 2022 (1) Within one year $ 731 $ 732 After one year but within five years 9,530 9,476 After five years but within ten years 46,170 45,944 After ten years 1,055,198 983,952 $ 1,111,629 $ 1,040,104 (1) Actual maturities could differ from contractual maturities. MBS may have expected maturities that differ from their contractual maturities. These differences arise because issuers may have the right to call securities and borrowers may have the right to prepay obligations with or without prepayment penalty. The estimated weighted average duration of MBS was 5.8 years at June 30, 2023. The held-to-maturity debt securities are not collateral-dependent securities as these are general obligation bonds issued by cities, states, counties, or other local and foreign governments. Investment securities with fair market values aggregating $3.3 billion and $2.8 billion were pledged as collateral for investment sweep repurchase agreements, municipal deposits, and other obligations as of June 30, 2023 and December 31, 2022, respectively. During the six months ended June 30, 2023 and 2022, the Company had no sales of debt securities categorized as available-for-sale. As of June 30, 2023 and December 31, 2022, the Company's debt securities portfolio had remaining unamortized premiums of $61.7 million and $66.6 million, respectively, and unaccreted discounts of $23.0 million and $25.2 million, respectively. For debt securities in an unrealized loss position, the table below shows the gross unrealized losses and fair value by investment category and length of time that individual debt securities were in a continuous unrealized loss position at June 30, 2023. Duration of Unrealized Loss Position Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Loss Value Loss Value Loss Available-for-sale debt securities: CMO $ 48,553 $ 3,380 $ 435,173 $ 98,412 $ 483,726 $ 101,792 FNMA MBS 276,322 17,425 2,851,590 540,585 3,127,912 558,010 FHLMC MBS 51,254 3,598 66,616 9,807 117,870 13,405 GNMA MBS 23,052 1,214 21,204 2,190 44,256 3,404 GSE agency notes — — 178,480 48,245 178,480 48,245 $ 399,181 $ 25,617 $ 3,553,063 $ 699,239 $ 3,952,244 $ 724,856 For debt securities in an unrealized loss position, the table below shows the gross unrealized losses and fair value by investment category and length of time that individual debt securities were in a continuous unrealized loss position at December 31, 2022. Duration of Unrealized Loss Position Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Loss Value Loss Value Loss Available-for-sale debt securities: CMO $ 158,449 $ 13,855 $ 347,931 $ 88,599 $ 506,380 $ 102,454 FNMA MBS 1,237,560 145,752 2,012,698 427,026 3,250,258 572,778 FHLMC MBS 102,321 9,268 19,671 4,287 121,992 13,555 GNMA MBS 32,076 2,265 4,030 713 36,106 2,978 GSE agency notes — — 178,285 49,725 178,285 49,725 $ 1,530,406 $ 171,140 $ 2,562,615 $ 570,350 $ 4,093,021 $ 741,490 The Company does not have the intent to sell, nor is it more likely than not it will be required to sell these securities before it is able to recover the amortized cost basis. The unrealized losses are the result of changes in market interest rates subsequent to purchase, not credit loss, as these are highly rated agency securities with no expected credit loss, in the event of a default. As a result, there is no allowance for credit losses recorded for available-for-sale debt securities as of June 30, 2023. At June 30, 2023 and December 31, 2022, held-to-maturity debt securities had an amortized cost basis of $1.1 billion. The held-to-maturity debt security portfolio primarily consists of mortgage-backed securities which were issued or guaranteed by U.S. government-sponsored entities and agencies and highly rated municipal bonds. The Company monitors credit quality of its debt securities through credit ratings. The following table summarizes the amortized cost of debt securities held-to-maturity as of June 30, 2023, aggregated by credit quality indicator: (Dollars in thousands) FNMA MBS State and political subdivisions A+ rated or higher $ — $ 187,577 Not rated 892,199 — Ending balance $ 892,199 $ 187,577 The following table summarizes the amortized cost of debt securities held-to-maturity as of December 31, 2022, aggregated by credit quality indicator: (Dollars in thousands) FNMA MBS State and political subdivisions Foreign bonds A+ rated or higher $ — $ 201,631 $ 500 Not rated 909,498 — — Ending balance $ 909,498 $ 201,631 $ 500 The Company reviewed its held-to-maturity debt securities by major security type for potential credit losses. There was no activity in the allowance for credit losses for FNMA MBS and foreign bond debt securities for the six months ended June 30, 2023 and 2022. The following table presents the activity in the allowance for credit losses for state and political subdivisions debt securities for the three and six months ended June 30, 2023 and 2022: Three months ended June 30, Six months ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Allowance for credit losses: Beginning balance $ 9 $ 4 $ 10 $ 4 (Recovery of) provision for credit losses (1) 2 (2) 2 Ending balance $ 8 $ 6 $ 8 $ 6 Accrued interest receivable of $2.3 million and $2.4 million as of June 30, 2023 and December 31, 2022, respectively, for held-to-maturity debt securities were excluded from the evaluation of allowance for credit losses. There were no nonaccrual or past due held-to-maturity debt securities as of June 30, 2023 and December 31, 2022. Equity Investments The Company had equity investments at fair value of $24.6 million and $26.1 million as of June 30, 2023 and December 31, 2022, respectively. During the three and six months ended June 30, 2023, the Company recognized $0.4 million and $1.7 million, respectively, of net losses related to our equity method investments within Other income on the unaudited Consolidated Statements of Income. During the three and six months ended June 30, 2022, total net gains on equity investments of $6.0 million were recorded for both periods, driven by an unrealized gain on the Company's investment in CRED.ai presented within Unrealized gain on equity investment, net in the Consolidated Statements of Income. During the three and six months ended June 30, 2022, the Company recognized $1.2 million and $1.6 million, respectively, of net gains related to our equity method investments within Other income on the unaudited Consolidated Statements of Income.

LOANS AND LEASES

LOANS AND LEASES	6 Months Ended
LOANS AND LEASES	Jun. 30, 2023
Receivables [Abstract]
LOANS AND LEASES	6. LOANS AND LEASES The following table shows the Company's loan and lease portfolio by category: (Dollars in thousands) June 30, 2023 December 31, 2022 Commercial and industrial $ 2,623,723 $ 2,575,345 Owner-occupied commercial 1,883,055 1,809,582 Commercial mortgages 3,552,800 3,351,084 Construction 955,224 1,044,049 Commercial small business leases 590,063 558,981 Residential (1) 829,832 761,882 Consumer (2) 1,905,219 1,810,930 12,339,916 11,911,853 Less: Allowance for credit losses 171,869 151,861 Net loans and leases $ 12,168,047 $ 11,759,992 (1) Includes reverse mortgages at fair value of $3.1 million at June 30, 2023 and $2.4 million at December 31, 2022. (2) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. Accrued interest receivable on loans and leases was $62.0 million and $59.3 million at June 30, 2023 and December 31, 2022, respectively. Accrued interest receivable on loans and leases was excluded from the evaluation of allowance for credit losses.

ALLOWANCE FOR CREDIT LOSSES AND

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION	6 Months Ended
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION	Jun. 30, 2023
Receivables [Abstract]
ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION	7. ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION The following tables provide the activity of allowance for credit losses and loan balances for the three and six months ended June 30, 2023 and 2022. The increase was primarily due to the impacts of the economic uncertainty and forecast and net loan growth. (Dollars in thousands) Commercial and Industrial (1) Owner-occupied Commercial Construction Residential (2) Consumer (3) Total Three months ended June 30, 2023 Allowance for credit losses Beginning balance $ 62,709 $ 6,056 $ 30,114 $ 9,672 $ 5,327 $ 55,284 $ 169,162 Charge-offs (10,359) (184) — — (33) (5,298) (15,874) Recoveries 2,214 31 1 1 113 390 2,750 Provision (credit) 8,219 432 1,822 (445) (364) 6,167 15,831 Ending balance $ 62,783 $ 6,335 $ 31,937 $ 9,228 $ 5,043 $ 56,543 $ 171,869 Six months ended June 30, 2023 Allowance for credit losses Beginning balance $ 59,394 $ 6,019 $ 21,473 $ 6,987 $ 4,668 $ 53,320 $ 151,861 Charge-offs (19,821) (184) — — (33) (9,502) (29,540) Recoveries 3,430 36 3 531 156 549 4,705 Provision 19,780 464 10,461 1,710 252 12,176 44,843 Ending balance $ 62,783 $ 6,335 $ 31,937 $ 9,228 $ 5,043 $ 56,543 $ 171,869 Period-end allowance allocated to: Loans evaluated on an individual basis $ 1,953 $ — $ — $ — $ — $ — $ 1,953 Loans evaluated on a collective basis 60,830 6,335 31,937 9,228 5,043 56,543 169,916 Ending balance $ 62,783 $ 6,335 $ 31,937 $ 9,228 $ 5,043 $ 56,543 $ 171,869 Period-end loan balances: Loans evaluated on an individual basis $ 18,367 $ 3,979 $ 7,515 $ 741 $ 6,491 $ 2,175 $ 39,268 Loans evaluated on a collective basis 3,195,419 1,879,076 3,545,285 954,483 820,259 1,903,044 12,297,566 Ending balance $ 3,213,786 $ 1,883,055 $ 3,552,800 $ 955,224 $ 826,750 $ 1,905,219 $ 12,336,834 (1) Includes commercial small business leases. (2) Period-end loan balance excludes reverse mortgages at fair value of $3.1 million. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. (Dollars in thousands) Commercial and Industrial (1) Owner - Commercial Construction Residential (2) Consumer (3) Total Three months ended June 30, 2022 Allowance for credit losses Beginning balance $ 65,716 $ 6,125 $ 23,105 $ 3,145 $ 4,956 $ 33,283 $ 136,330 Charge-offs (2,549) — — — — (1,418) (3,967) Recoveries 870 141 1 — 144 183 1,339 (Credit) provision (3,116) (756) 557 1,913 (112) 9,782 8,268 Ending balance $ 60,921 $ 5,510 $ 23,663 $ 5,058 $ 4,988 $ 41,830 $ 141,970 Six months ended June 30, 2022 Allowance for loan losses Beginning balance $ 49,967 $ 4,574 $ 11,623 $ 1,903 $ 3,352 $ 23,088 $ 94,507 Initial allowance on acquired PCD loans 22,614 595 2,684 71 61 78 26,103 Charge-offs (6,188) (179) (37) — (186) (2,228) (8,818) Recoveries 1,471 267 122 — 530 549 2,939 (Credit) provision (4) (6,943) 253 9,271 3,084 1,231 20,343 27,239 Ending balance $ 60,921 $ 5,510 $ 23,663 $ 5,058 $ 4,988 $ 41,830 $ 141,970 Period-end allowance allocated to: Loans evaluated on an individual basis $ 5,437 $ — $ — $ — $ — $ — $ 5,437 Loans evaluated on a collective basis 55,484 5,510 23,663 5,058 4,988 41,830 136,533 Ending balance $ 60,921 $ 5,510 $ 23,663 $ 5,058 $ 4,988 $ 41,830 $ 141,970 Period-end loan balances: Loans evaluated on an individual basis $ 29,030 $ 787 $ 7,771 $ 5,392 $ 5,803 $ 2,012 $ 50,795 Loans evaluated on a collective basis 3,078,710 1,822,442 3,313,883 928,932 764,772 1,520,584 11,429,323 Ending balance $ 3,107,740 $ 1,823,229 $ 3,321,654 $ 934,324 $ 770,575 $ 1,522,596 $ 11,480,118 (1) Includes commercial small business leases. (2) Period-end loan balance excludes reverse mortgages at fair value of $2.6 million. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. (4) Includes $23.5 million initial provision for credit losses on non-PCD loans. The following tables show nonaccrual and past due loans presented at amortized cost at the date indicated: June 30, 2023 (Dollars in thousands) 30–89 Days Greater Total Past Accruing Nonaccrual Loans With No Allowance Nonaccrual Total Commercial and industrial (1) $ 8,320 $ 989 $ 9,309 $ 3,186,199 $ 6,017 $ 12,261 $ 3,213,786 Owner-occupied commercial 2,350 — 2,350 1,878,041 2,664 — 1,883,055 Commercial mortgages 5,035 353 5,388 3,541,109 6,303 — 3,552,800 Construction 2,051 — 2,051 952,432 741 — 955,224 Residential (2) 3,176 — 3,176 820,865 2,709 — 826,750 Consumer (3) 14,255 12,229 26,484 1,876,427 2,308 — 1,905,219 Total $ 35,187 $ 13,571 $ 48,758 $ 12,255,073 $ 20,742 $ 12,261 $ 12,336,834 % of Total Loans 0.29 % 0.11 % 0.40 % 99.33 % 0.17 % 0.10 % 100 % (1) Includes commercial small business leases. (2) Residential accruing current balances excludes reverse mortgages at fair value of $3.1 million. (3) Includes $18.2 million of delinquent, but still accruing, U.S. government-guaranteed student loans that carry little risk of credit loss. December 31, 2022 (Dollars in thousands) 30–89 Days Greater Total Past Accruing Nonaccrual Loans (1) Total Commercial and industrial (2) $ 10,767 $ 311 $ 11,078 $ 3,116,478 $ 6,770 $ 3,134,326 Owner-occupied commercial 3,500 474 3,974 1,805,222 386 1,809,582 Commercial mortgages 2,137 237 2,374 3,343,551 5,159 3,351,084 Construction — — — 1,038,906 5,143 1,044,049 Residential (3) 2,563 — 2,563 753,703 3,199 759,465 Consumer (4) 12,263 15,513 27,776 1,781,009 2,145 1,810,930 Total (4) $ 31,230 $ 16,535 $ 47,765 $ 11,838,869 $ 22,802 $ 11,909,436 % of Total Loans 0.26 % 0.14 % 0.40 % 99.41 % 0.19 % 100 % (1) There were no nonaccrual loans with an allowance as of December 31, 2022. (2) Includes commercial small business leases. (3) Residential accruing current balances excludes reverse mortgages, at fair value of $2.4 million. (4) Includes $21.1 million of delinquent, but still accruing, U.S. government-guaranteed student loans that carry little risk of credit loss. The following table presents the amortized cost basis of nonaccruing collateral-dependent loans by class at June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 (Dollars in thousands) Property Equipment and other Property Equipment and other Commercial and industrial (1) $ 15,255 $ 3,023 $ 3,848 $ 2,922 Owner-occupied commercial 2,664 — 386 — Commercial mortgages 6,303 — 5,159 — Construction 741 — 5,143 — Residential (2) 2,709 — 3,199 — Consumer (3) 2,308 — 2,145 — Total $ 29,980 $ 3,023 $ 19,880 $ 2,922 (1) Includes commercial small business leases. (2) Excludes reverse mortgages at fair value. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. As of June 30, 2023, there were 38 residential loans and 16 commercial loans in the process of foreclosure. The total outstanding balance on these loans was $4.9 million and $3.9 million, respectively. As of December 31, 2022, there were 45 residential loans and 8 commercial loans in the process of foreclosure. The total outstanding balance on these loans was $6.7 million and $1.6 million, respectively. Loan workout and other real estate owned (OREO) expenses (recoveries) were $0.2 million and $0.3 million during the three and six months ended June 30, 2023, respectively, and less than $(0.1) million and $0.2 million during three and six months ended June 30, 2022, respectively. Loan workout and OREO expenses are included in Loan workout and other credit costs on the unaudited Consolidated Statements of Income. Credit Quality Indicators Below is a description of each of the risk ratings for all commercial loans: • Pass . These borrowers currently show no indication of deterioration or potential problems and their loans are considered fully collectible. • Special Mention. These borrowers have potential weaknesses that deserve management’s close attention. Borrowers in this category may be experiencing adverse operating trends, for example, declining revenues or margins, high leverage, tight liquidity, or increasing inventory without increasing sales. These adverse trends can have a potential negative effect on the borrower’s repayment capacity. These assets are not adversely classified and do not expose the Bank to significant risk that would warrant a more severe rating. Borrowers in this category may also be experiencing significant management problems, pending litigation, or other structural credit weaknesses. • Substandard or Lower . These borrowers have well-defined weaknesses that require extensive oversight by management. Borrowers in this category may exhibit one or more of the following: inadequate debt service coverage, unprofitable operations, insufficient liquidity, high leverage, and weak or inadequate capitalization. Relationships in this category are not adequately protected by the sound financial worth and paying capacity of the obligor or the collateral pledged on the loan, if any. A distinct possibility exists that the Bank will sustain some loss if the deficiencies are not corrected. In addition, some borrowers in this category could have the added characteristic that the possibility of loss is extremely high. Current circumstances in the credit relationship make collection or liquidation in full highly questionable. Such impending events include: perfecting liens on additional collateral, obtaining collateral valuations, an acquisition or liquidation preceding, proposed merger, or refinancing plan. Residential and Consumer Loans The residential and consumer loan portfolios are monitored on an ongoing basis using delinquency information and loan type as credit quality indicators. These credit quality indicators are assessed in the aggregate in these relatively homogeneous portfolios. Loans that are greater than 90 days past due are generally considered nonperforming and placed on nonaccrual status. The following tables provide an analysis of loans by portfolio segment based on the credit quality indicators used to determine the allowance for credit losses as of June 30, 2023. Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving loans amortized cost basis Revolving loans converted to term Total (Dollars in thousands) Commercial and industrial (1) : Risk Rating Pass $ 497,648 $ 971,490 $ 368,237 $ 310,758 $ 143,004 $ 458,737 $ 8,277 $ 246,341 $ 3,004,492 Special mention 7,658 27,040 3,594 768 601 522 — 2,455 42,638 Substandard or Lower 54,478 18,091 12,112 10,084 36,939 19,883 — 15,069 166,656 $ 559,784 $ 1,016,621 $ 383,943 $ 321,610 $ 180,544 $ 479,142 $ 8,277 $ 263,865 $ 3,213,786 Current-period gross writeoffs $ 82 $ 3,485 $ 5,595 $ 1,184 $ 3,171 $ 6,304 $ — $ — $ 19,821 Owner-occupied commercial: Risk Rating Pass $ 164,939 $ 279,655 $ 294,797 $ 216,730 $ 203,500 $ 411,651 $ — $ 177,666 $ 1,748,938 Special mention 2,929 652 5,436 5,931 8,824 5,747 — 1,209 30,728 Substandard or Lower 8,606 18,378 3,820 8,538 2,872 42,916 — 18,259 103,389 $ 176,474 $ 298,685 $ 304,053 $ 231,199 $ 215,196 $ 460,314 $ — $ 197,134 $ 1,883,055 Current-period gross writeoffs $ — $ — $ — $ — $ 184 $ — $ — $ — $ 184 Commercial mortgages: Risk Rating Pass $ 380,749 $ 509,272 $ 580,119 $ 502,722 $ 519,953 $ 735,252 $ — $ 253,328 $ 3,481,395 Special mention 9,328 — 71 2,438 6,032 5,367 — 301 23,537 Substandard or Lower 9,470 17,042 4,742 10,080 1,614 4,692 — 228 47,868 $ 399,547 $ 526,314 $ 584,932 $ 515,240 $ 527,599 $ 745,311 $ — $ 253,857 $ 3,552,800 Current-period gross writeoffs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction: Risk Rating Pass $ 277,159 $ 378,299 $ 206,930 $ 22,097 $ 2,441 $ 8,118 $ — $ 36,970 $ 932,014 Special mention 13,527 — — — — — — — 13,527 Substandard or Lower — — — 8,942 168 — — 573 9,683 $ 290,686 $ 378,299 $ 206,930 $ 31,039 $ 2,609 $ 8,118 $ — $ 37,543 $ 955,224 Current-period gross writeoffs $ — $ — $ — $ — $ — $ — $ — $ — $ — Residential (2) : Risk Rating Performing $ 104,143 $ 70,167 $ 105,199 $ 58,757 $ 34,406 $ 447,587 $ — $ — $ 820,259 Nonperforming — 171 1,007 492 1,266 3,555 — — 6,491 $ 104,143 $ 70,338 $ 106,206 $ 59,249 $ 35,672 $ 451,142 $ — $ — $ 826,750 Current-period gross writeoffs $ 33 $ — $ — $ — $ — $ — $ — $ — $ 33 Consumer (3) : Risk Rating Performing $ 159,097 $ 629,797 $ 174,387 $ 113,970 $ 49,228 $ 250,979 $ 521,054 $ 4,532 $ 1,903,044 Nonperforming — — — — 43 188 1,626 318 2,175 $ 159,097 $ 629,797 $ 174,387 $ 113,970 $ 49,271 $ 251,167 $ 522,680 $ 4,850 $ 1,905,219 Current-period gross writeoffs $ 482 $ 6,361 $ 2,122 $ 207 $ 99 $ 231 $ — $ — $ 9,502 (1) Includes commercial small business leases. (2) Excludes reverse mortgages at fair value. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. The following tables provide an analysis of loans by portfolio segment based on the credit quality indicators used to determine the allowance for credit losses, as of December 31, 2022. Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving loans amortized cost basis Revolving loans converted to term Total (Dollars in thousands) Commercial and industrial (1) : Risk Rating Pass $ 1,123,803 $ 501,761 $ 387,225 $ 211,310 $ 153,713 $ 276,588 $ 8,099 $ 250,486 $ 2,912,985 Special mention 28,672 27,689 7,585 9,451 347 1,010 — 2,596 77,350 Substandard or Lower 32,362 16,162 6,943 37,534 37,133 6,768 — 7,089 143,991 $ 1,184,837 $ 545,612 $ 401,753 $ 258,295 $ 191,193 $ 284,366 $ 8,099 $ 260,171 $ 3,134,326 Owner-occupied commercial: Risk Rating Pass $ 280,898 $ 325,388 $ 258,177 $ 226,717 $ 106,390 $ 363,420 $ — $ 132,942 $ 1,693,932 Special mention 17,376 — — — — 2,166 — 3,351 22,893 Substandard or Lower 2,981 1,500 23,284 4,401 11,864 35,311 — 13,416 92,757 $ 301,255 $ 326,888 $ 281,461 $ 231,118 $ 118,254 $ 400,897 $ — $ 149,709 $ 1,809,582 Commercial mortgages: Risk Rating Pass $ 516,783 $ 600,226 $ 526,312 $ 549,788 $ 276,414 $ 594,024 $ — $ 210,550 $ 3,274,097 Special mention 1,450 75 3,848 6,121 9,596 32,014 — — 53,104 Substandard or Lower 1,861 1,210 12,552 2,909 3,573 1,209 — 569 23,883 $ 520,094 $ 601,511 $ 542,712 $ 558,818 $ 289,583 $ 627,247 $ — $ 211,119 $ 3,351,084 Construction: Risk Rating Pass $ 448,581 $ 299,619 $ 115,667 $ 9,319 $ 26,553 $ 7,539 $ — $ 122,116 $ 1,029,394 Special mention — — — — — — — 581 581 Substandard or Lower — 4,200 8,930 183 — — — 761 14,074 $ 448,581 $ 303,819 $ 124,597 $ 9,502 $ 26,553 $ 7,539 $ — $ 123,458 $ 1,044,049 Residential (2) : Risk Rating Performing $ 64,500 $ 110,508 $ 60,625 $ 36,118 $ 45,859 $ 434,175 $ — $ — $ 751,785 Nonperforming — 729 502 999 1,218 4,232 — — 7,680 $ 64,500 $ 111,237 $ 61,127 $ 37,117 $ 47,077 $ 438,407 $ — $ — $ 759,465 Consumer (3) : Risk Rating Performing $ 595,158 $ 195,397 $ 126,456 $ 54,449 $ 220,039 $ 71,478 $ 540,308 $ 5,232 $ 1,808,517 Nonperforming — — 350 — 479 — 1,255 329 2,413 $ 595,158 $ 195,397 $ 126,806 $ 54,449 $ 220,518 $ 71,478 $ 541,563 $ 5,561 $ 1,810,930 (1) Includes commercial small business leases. (2) Excludes reverse mortgages at fair value. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. Troubled Loans The Company offers loan modifications to commercial and consumer borrowers that may result in a payment delay, interest rate reduction, term extension, principal forgiveness, or combination thereof. Loan modifications are offered on a case-by-case basis and are generally term extension, payment delay, and interest rate reduction modification types. Forbearance (due to hardship) programs result in modification types including payment delay and/or term extension. In addition, certain reorganization bankruptcy judgments may result in interest rate reduction, term extension, or principal forgiveness modification types. The following table shows the amortized cost basis at the end of the reporting period of troubled loans, disaggregated by portfolio segment and type of modification granted. June 30, 2023 (Dollars in thousands) Term Extension More-Than-Insignificant Payment Delay Combination- Term Extension and Payment Delay Combination- Term Extension and Interest Rate Reduction Combination - Payment Delay and Interest Rate Reduction Total % of Total Loan Category Commercial and industrial (1) $ 21,530 $ — $ 10,164 $ — $ — $ 31,694 0.99 % Owner-occupied commercial — — 1,062 144 — 1,206 0.06 % Commercial mortgages 9,468 — — — — 9,468 0.27 % Construction 3,305 — — — — 3,305 0.35 % Consumer (2) 888 871 3,344 158 195 5,456 0.29 % Total $ 35,191 $ 871 $ 14,570 $ 302 $ 195 $ 51,129 0.41 % (1) Includes commercial small business leases. (2) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. The following table describes the financial effect of the modifications made to troubled loans as of June 30, 2023: Term Extension ( 1) Interest Rate Reduction (2) More-Than-Insignificant Payment Delay (3) Commercial and industrial 1.08 —% 0.08% Owner-occupied commercial 1.29 2.57 0.01 Commercial mortgages 1.33 — — Construction 0.25 — — Consumer 4.35 2.65 0.04 (1) Represents the weighted-average increase in the life of modified loans measured in years, which reduces monthly payment amounts for borrowers. (2) Represents the weighted-average decrease in the contractual interest rate on the modified loans. (3) Represents the percentage of loans deferred over the total loan portfolio excluding reverse mortgages at fair value. As of June 30, 2023, the Company had commitments to extend credit of $3.8 million to borrowers experiencing financial difficulty whose terms had been modified. Upon the Company’s determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. There were $0.9 million of C&I loans that received a term extension modification that had a payment default during the period and were modified in the 12 months before default to borrowers experiencing financial difficulty. The Company closely monitors the performance of troubled loans to understand the effectiveness of its modification efforts. The following table shows the performance of loans that have been modified in the last 12 months: June 30, 2023 (Dollars in thousands) 30-89 Days Past Due and Still Accruing 90+ Days Past Due and Still Accruing Accruing Current Balances Nonaccrual Loans Total Commercial and industrial (1) $ — $ — $ 30,301 $ 1,393 $ 31,694 Owner-occupied commercial — — 1,062 144 1,206 Commercial mortgages — — 9,468 — 9,468 Construction — — 3,305 — 3,305 Consumer (2) 358 101 4,997 — 5,456 Total $ 358 $ 101 $ 49,133 $ 1,537 $ 51,129 (1) Includes commercial small business leases. (2) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. Troubled Debt Restructurings (TDRs) under ASC 326 for periods prior to adoption of ASU 2022-02 The following table presents the balance of TDRs as of the indicated date: (Dollars in thousands) December 31, 2022 Performing TDRs $ 19,737 Nonperforming TDRs 2,006 Total TDRs $ 21,743 Approximately $0.6 million in related reserves have been established for these loans at December 31, 2022. The following table presents information regarding the types of loan modifications made for the three and six months ended June 30, 2022: Three months ended June 30, 2022 Six months ended June 30, 2022 Contractual payment reduction and term extension Maturity Date Extension Discharged in bankruptcy Other (1) Total Contractual payment reduction and term extension Maturity Date Extension Discharged in bankruptcy Other (1) Total Commercial and industrial — — — — — 1 — — — 1 Residential — — 1 — 1 1 — 1 — 2 Consumer — 26 1 — 27 1 26 3 1 31 Total — 26 2 — 28 3 26 4 1 34 (1) Other includes interest rate reduction, forbearance, and interest only payments. Principal balances are generally not forgiven when a loan is modified as a TDR. Nonaccruing restructured loans remain in nonaccrual status until there has been a period of sustained repayment performance, which is typically six months, and repayment is reasonably assured. The following table presents loans modified as TDRs during the three and six months ended June 30, 2022. Three months ended June 30, 2022 Six Months Ended June 30, 2022 (Dollars in thousands) Pre Modification Post Modification Pre Modification Post Modification Commercial $ — $ — $ (19) $ (19) Residential 134 134 139 139 Consumer 281 281 463 463 Total (1)(2) $ 415 $ 415 $ 583 $ 583 (1) During the three and six months ended June 30, 2022 the TDRs set forth in the table above resulted in a less than $0.1 million increase and a $0.2 million increase in the allowance for credit losses, respectively, and no additional charge-offs in either period. During the three and six months ended June 30, 2022, no TDRs defaulted that had received troubled debt modification during the past twelve months. (2) The TDRs set forth in the table above did not occur as a result of the loan forbearance program under the CARES Act.

LEASES

LEASES	6 Months Ended
LEASES	Jun. 30, 2023
Leases [Abstract]
LEASES	8. LEASES As a lessee, the Company enters into leases for its bank branches, corporate offices, and certain equipment. As a lessor, the Company primarily provides financing through its equipment leasing business. Lessee The Company's ongoing leases have remaining lease terms of less than one year to 39 years, which includes renewal options that are exercised at its discretion. The Company's lease terms to calculate the lease liability and right-of-use asset include options to extend the lease when it is reasonably certain that the Company will exercise the option. The lease liability and right-of-use asset is included in Other liabilities and Other assets , respectively, in the unaudited Consolidated Statements of Financial Condition. Leases with an initial term of 12 months or less are not recorded on the unaudited Consolidated Statements of Financial Condition. Lease expense is recognized on a straight-line basis over the lease term. Operating lease expense is included in Occupancy expense in the unaudited Consolidated Statements of Income. The Company accounts for lease components separately from nonlease components. The Company subleases certain real estate to third parties. The components of operating lease cost were as follows: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Operating lease cost (1) $ 4,723 $ 5,039 $ 9,516 $ 10,389 Sublease income (32) (84) (81) (171) Net lease cost $ 4,691 $ 4,954 $ 9,435 $ 10,218 (1) Includes variable lease cost and short-term lease cost. Supplemental information related to operating leases was as follows: (Dollars in thousands) June 30, 2023 December 31, 2022 Right-of-use assets $ 124,734 $ 138,182 Lease liabilities $ 146,882 $ 158,269 Lease term and discount rate Weighted average remaining lease term (in years) 19.56 17.91 Weighted average discount rate 4.71 % 4.25 % Maturities of operating lease liabilities were as follows: (Dollars in thousands) June 30, 2023 Remaining in 2023 $ 8,213 2024 14,865 2025 14,832 2026 14,129 2027 12,722 After 2027 188,328 Total lease payments 253,089 Less: Interest (106,207) Present value of lease liabilities $ 146,882 Supplemental cash flow information related to operating leases was as follows: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 5,134 $ 5,063 $ 10,194 $ 10,714 Right of use assets obtained in exchange for new operating lease liabilities (non-cash) — — — 13,707 As of June 30, 2023, the Corporation had not entered into any material leases that have not yet commenced. Lessor Equipment Leasing The Company provides equipment and small business lease financing through its leasing subsidiary, NewLane Finance ® . Interest income from direct financing leases where the Company is a lessor is recognized in Interest and fees on loans and leases on the unaudited Consolidated Statements of Income. The allowance for credit losses on finance leases is included in Provision for credit losses on the unaudited Consolidated Statements of Income. The components of direct finance lease income are summarized in the table below: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Direct financing leases: Interest income on lease receivable $ 13,136 $ 10,326 $ 25,518 $ 20,063 Interest income on deferred fees and costs, net (1,450) (953) (2,836) (1,497) Total direct financing lease net interest income $ 11,686 $ 9,373 $ 22,682 $ 18,566 Equipment leasing receivables relate to direct financing leases. The composition of the net investment in direct financing leases was as follows: (Dollars in thousands) June 30, 2023 December 31, 2022 Lease receivables $ 683,530 $ 642,369 Unearned income (107,588) (95,683) Deferred fees and costs 14,121 12,295 Net investment in direct financing leases $ 590,063 $ 558,981
LEASES	8. LEASES As a lessee, the Company enters into leases for its bank branches, corporate offices, and certain equipment. As a lessor, the Company primarily provides financing through its equipment leasing business. Lessee The Company's ongoing leases have remaining lease terms of less than one year to 39 years, which includes renewal options that are exercised at its discretion. The Company's lease terms to calculate the lease liability and right-of-use asset include options to extend the lease when it is reasonably certain that the Company will exercise the option. The lease liability and right-of-use asset is included in Other liabilities and Other assets , respectively, in the unaudited Consolidated Statements of Financial Condition. Leases with an initial term of 12 months or less are not recorded on the unaudited Consolidated Statements of Financial Condition. Lease expense is recognized on a straight-line basis over the lease term. Operating lease expense is included in Occupancy expense in the unaudited Consolidated Statements of Income. The Company accounts for lease components separately from nonlease components. The Company subleases certain real estate to third parties. The components of operating lease cost were as follows: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Operating lease cost (1) $ 4,723 $ 5,039 $ 9,516 $ 10,389 Sublease income (32) (84) (81) (171) Net lease cost $ 4,691 $ 4,954 $ 9,435 $ 10,218 (1) Includes variable lease cost and short-term lease cost. Supplemental information related to operating leases was as follows: (Dollars in thousands) June 30, 2023 December 31, 2022 Right-of-use assets $ 124,734 $ 138,182 Lease liabilities $ 146,882 $ 158,269 Lease term and discount rate Weighted average remaining lease term (in years) 19.56 17.91 Weighted average discount rate 4.71 % 4.25 % Maturities of operating lease liabilities were as follows: (Dollars in thousands) June 30, 2023 Remaining in 2023 $ 8,213 2024 14,865 2025 14,832 2026 14,129 2027 12,722 After 2027 188,328 Total lease payments 253,089 Less: Interest (106,207) Present value of lease liabilities $ 146,882 Supplemental cash flow information related to operating leases was as follows: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 5,134 $ 5,063 $ 10,194 $ 10,714 Right of use assets obtained in exchange for new operating lease liabilities (non-cash) — — — 13,707 As of June 30, 2023, the Corporation had not entered into any material leases that have not yet commenced. Lessor Equipment Leasing The Company provides equipment and small business lease financing through its leasing subsidiary, NewLane Finance ® . Interest income from direct financing leases where the Company is a lessor is recognized in Interest and fees on loans and leases on the unaudited Consolidated Statements of Income. The allowance for credit losses on finance leases is included in Provision for credit losses on the unaudited Consolidated Statements of Income. The components of direct finance lease income are summarized in the table below: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Direct financing leases: Interest income on lease receivable $ 13,136 $ 10,326 $ 25,518 $ 20,063 Interest income on deferred fees and costs, net (1,450) (953) (2,836) (1,497) Total direct financing lease net interest income $ 11,686 $ 9,373 $ 22,682 $ 18,566 Equipment leasing receivables relate to direct financing leases. The composition of the net investment in direct financing leases was as follows: (Dollars in thousands) June 30, 2023 December 31, 2022 Lease receivables $ 683,530 $ 642,369 Unearned income (107,588) (95,683) Deferred fees and costs 14,121 12,295 Net investment in direct financing leases $ 590,063 $ 558,981

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	6 Months Ended
GOODWILL AND INTANGIBLE ASSETS	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	9. GOODWILL AND INTANGIBLE ASSETS In accordance with ASC 805, Business Combinations (ASC 805) and ASC 350, Intangibles - Goodwill and Other (ASC 350), all assets acquired and liabilities assumed in purchase acquisitions, including goodwill, indefinite-lived intangibles and other intangibles are recorded at fair value as of acquisition date. WSFS performs its annual goodwill impairment test on October 1 or more frequently if events and circumstances indicate that the fair value of a reporting unit is less than its carrying value. In between annual tests, management performs a qualitative review of goodwill quarterly as part of the Company's review of the overall business to ensure no events or circumstances have occurred that would impact its goodwill evaluation. During the six months ended June 30, 2023, management determined based on its qualitative assessment that the fair values of our reporting units exceeded their carrying values, and no goodwill impairment exists during the six months ended June 30, 2023. The following table shows the allocation of goodwill to the reportable operating segments for purposes of goodwill impairment testing: (Dollars in thousands) WSFS Cash Connect ® Wealth Consolidated December 31, 2022 $ 753,586 $ — $ 130,051 $ 883,637 Goodwill adjustments — — — — June 30, 2023 $ 753,586 $ — $ 130,051 $ 883,637 ASC 350 requires that an acquired intangible asset be separately recognized if the benefit of the intangible asset is obtained through contractual or other legal rights, or if the asset can be sold, transferred, licensed, rented or exchanged, regardless of the acquirer’s intent to do so. The following table summarizes the Company's intangible assets: (Dollars in thousands) Gross Accumulated Net Amortization Period June 30, 2023 Core deposits $ 104,751 $ (45,602) $ 59,149 10 years Customer relationships 68,281 (15,467) 52,814 7-15 years Loan servicing rights (1) 11,593 (5,815) 5,778 10-25 years Tradename 2,900 — 2,900 indefinite Total intangible assets $ 187,525 $ (66,884) $ 120,641 December 31, 2022 Core deposits $ 104,751 $ (40,443) $ 64,308 10 years Customer relationships 68,281 (12,937) 55,344 7-15 years Loan servicing rights (2) 11,118 (5,075) 6,043 10-25 years Tradename 2,900 — 2,900 indefinite Non-compete agreements 200 (200) — 1 year Total intangible assets $ 187,250 $ (58,655) $ 128,595 (1) Includes impairment losses of $0.2 million for both the three and six months ended June 30, 2023. (2) Includes impairment losses of $0.3 million for the year ended December 31, 2022 The Company recognized amortization expense on intangible assets of $3.8 million and $7.7 million for the three and six months ended June 30, 2023, respectively, compared to $3.9 million and $7.9 million for the three and six months ended June 30, 2022, respectively. The following table presents the estimated future amortization expense on definite life intangible assets: (Dollars in thousands) June 30, 2023 Remaining in 2023 $ 8,272 2024 16,351 2025 16,016 2026 15,348 2027 14,920 Thereafter 46,834 Total $ 117,741 Servicing Assets The Company records mortgage servicing rights on its mortgage loan servicing portfolio, which includes mortgages that it acquires or originates as well as mortgages that it services for others, and servicing rights on Small Business Administration (SBA) loans. Mortgage servicing rights and SBA loan servicing rights are included in Intangible assets in the accompanying unaudited Consolidated Statements of Financial Condition. Mortgage loans which the Company services for others are not included in Loans and leases, net of allowance in the accompanying unaudited Consolidated Statements of Financial Condition. Servicing rights represent the present value of the future net servicing fees from servicing mortgage loans the Company acquires or originates, or that it services for others. The value of the Company's mortgage servicing rights was $1.9 million and $2.1 million at June 30, 2023 and December 31, 2022, respectively, and the value of its SBA loan servicing rights was $3.9 million and $4.0 million at June 30, 2023 and December 31, 2022, respectively. Changes in the value of the Company's servicing rights resulted in a reversal of impairment losses of less than $0.2 million for the three and six months ended June 30, 2023, and impairment losses of $0.1 million for the three and six months ended June 30, 2022. Revenues from originating, marketing and servicing mortgage loans as well as valuation adjustments related to capitalized mortgage servicing rights are included in Mortgage banking activities, net in the unaudited Consolidated Statements of Income and revenues from the Company's SBA loan servicing rights are included in Loan and lease fee income in the unaudited Consolidated Statements of Income. Besides the impairment on loan servicing rights noted above, there was no impairment of other intangible assets as of June 30, 2023 or December 31, 2022. Changing economic conditions that may adversely affect the Company's performance and could result in impairment, which could adversely affect earnings in the future.

DEPOSITS

DEPOSITS	6 Months Ended
DEPOSITS	Jun. 30, 2023
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
DEPOSITS	10. DEPOSITS The following table shows deposits by category: (Dollars in thousands) June 30, 2023 December 31, 2022 Noninterest-bearing: Noninterest demand $ 5,462,461 $ 5,739,647 Total noninterest-bearing $ 5,462,461 $ 5,739,647 Interest-bearing: Interest-bearing demand $ 2,969,189 $ 3,346,682 Savings 1,814,508 2,161,858 Money market 4,375,142 3,730,778 Customer time deposits 1,639,221 1,102,013 Brokered deposits 167,435 122,591 Total interest-bearing 10,965,495 10,463,922 Total deposits $ 16,427,956 $ 16,203,569

INCOME TAXES

INCOME TAXES	6 Months Ended
INCOME TAXES	Jun. 30, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	11. INCOME TAXES There were no unrecognized tax benefits as of June 30, 2023. The Company records interest and penalties on potential income tax deficiencies as income tax expense. The Company's federal and state tax returns for the 2019 through 2022 tax years are subject to examination as of June 30, 2023. The Company does not expect to record or realize any material unrecognized tax benefits during 2023. The amortization of the low-income housing credit investments has been reflected as income tax expense of $1.4 million and $1.2 million for the three months ended June 30, 2023 and 2022, respectively, and $2.7 million and $2.4 million of such amortization has been reflected as income tax expense for the six months ended June 30, 2023 and 2022, respectively. The amount of affordable housing tax credits, amortization, and tax benefits recorded as income tax expense for the six months ended June 30, 2023 were $2.4 million, $2.7 million and $0.8 million, respectively. The carrying value of the investment in affordable housing credits is $66.3 million at June 30, 2023, compared to $69.0 million at December 31, 2022.

FAIR VALUE DISCLOSURES OF FINAN

FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES	6 Months Ended
FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES	Jun. 30, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES	12. FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES ASC 820-10, Fair Value Measurement (ASC 820-10) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820-10 establishes a fair value hierarchy that prioritizes the use of inputs used in valuation methodologies into the following three levels: • Level 1: Inputs to the valuation methodology are quoted prices, unadjusted, for identical assets or liabilities in active markets. A quoted price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available. • Level 2: Inputs to the valuation methodology include quoted prices for similar assets or liabilities in active markets; inputs to the valuation methodology include quoted prices for identical or similar assets or liabilities in markets that are not active; or inputs to the valuation methodology that are derived principally from or can be corroborated by observable market data by correlation or other means. • Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement. Level 3 assets and liabilities include financial instruments whose value is determined using discounted cash flow methodologies, as well as instruments for which the determination of fair value requires significant management judgment or estimation. The following tables present financial instruments carried at fair value as of June 30, 2023 and December 31, 2022 by level in the valuation hierarchy (as described above): June 30, 2023 (Dollars in thousands) Quoted Significant Significant Total Fair Assets measured at fair value on a recurring basis: Available-for-sale securities: CMO $ — $ 483,726 $ — $ 483,726 FNMA MBS — 3,130,578 — 3,130,578 FHLMC MBS — 117,877 — 117,877 GNMA MBS — 44,257 — 44,257 GSE agency notes — 178,480 — 178,480 Other assets — 151,882 60 151,942 Total assets measured at fair value on a recurring basis $ — $ 4,106,800 $ 60 $ 4,106,860 Liabilities measured at fair value on a recurring basis: Other liabilities $ — $ 148,184 $ 15,671 $ 163,855 Assets measured at fair value on a nonrecurring basis: Other investments $ — $ — $ 24,560 $ 24,560 Other real estate owned — — 527 527 Loans held for sale — 43,065 — 43,065 Total assets measured at fair value on a nonrecurring basis $ — $ 43,065 $ 25,087 $ 68,152 December 31, 2022 (Dollars in thousands) Quoted Significant Significant Total Fair Assets measured at fair value on a recurring basis: Available-for-sale securities: CMO $ — $ 506,380 $ — $ 506,380 FNMA MBS — 3,250,258 — 3,250,258 FHLMC MBS — 121,999 — 121,999 GNMA MBS — 36,138 — 36,138 GSE agency notes — 178,285 — 178,285 Other assets — 156,912 81 156,993 Total assets measured at fair value on a recurring basis $ — $ 4,249,972 $ 81 $ 4,250,053 Liabilities measured at fair value on a recurring basis: Other liabilities $ — $ 156,520 $ 17,102 $ 173,622 Assets measured at fair value on a nonrecurring basis Other investments $ — $ — $ 26,120 $ 26,120 Other real estate owned — — 833 833 Loans held for sale — 42,985 — 42,985 Total assets measured at fair value on a nonrecurring basis $ — $ 42,985 $ 26,953 $ 69,938 Fair value is based on quoted market prices, where available. If such quoted market prices are not available, fair value is based on internally developed models or obtained from third parties that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include unobservable parameters. The Company's valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While the Company believes its valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Available-for-sale securities Securities classified as available-for-sale are reported at fair value using Level 2 inputs. The Company believes that this Level 2 designation is appropriate under ASC 820-10, as these securities are GSEs and GNMA securities with almost all fixed income securities, none are exchange traded, and all are priced by correlation to observed market data. For these securities the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, U.S. government and agency yield curves, live trading levels, trade execution data, market consensus prepayment speeds, credit information, and the security’s terms and conditions, among other factors. Other investments Other investments includes equity investments without readily determinable fair values and equity method investments, which are categorized as Level 3. The Company’s equity investments without readily determinable fair values are held at cost, and are adjusted for any observable transactions during the reporting period and its equity method investments are initially recorded at cost based on the Company’s percentage ownership in the investee, and are adjusted to reflect the recognition of the Company’s proportionate share of income or loss of the investee based on the investee’s earnings. Other real estate owned Other real estate owned consists of loan collateral which has been repossessed through foreclosure or other measures. Initially, foreclosed assets are recorded at the fair value of the collateral less estimated selling costs. Subsequent to foreclosure, valuations are updated periodically and the assets may be marked down further, reflecting a new cost basis. The fair value of other real estate owned was estimated using Level 3 inputs based on appraisals obtained from third parties. Loans held for sale The fair value of loans held for sale is based on estimates using Level 2 inputs. These inputs are based on pricing information obtained from wholesale mortgage banks and brokers and applied to loans with similar interest rates and maturities. Other assets Other assets include the fair value of interest rate products, derivatives on the residential mortgage held for sale loan pipeline, and risk participation agreements. Valuation of interest rate products is obtained from an independent pricing service and also from the derivative counterparty. Valuation of the derivative related to the residential mortgage held for sale loan pipeline is based on valuation of the loans held for sale portfolio as described above in Loans held for sale . Valuation of risk participation agreements are obtained from an independent pricing service. Other liabilities Other liabilities include the fair value of interest rate products, derivatives on the residential mortgage held for sale loan pipeline, foreign exchange forward contracts, risk participation agreements, and derivative related to the sale of certain Visa Class B common shares. Valuation of interest rate products is obtained from an independent pricing service and also from the derivative counterparty. Valuation of the derivative related to the residential mortgage held for sale loan pipeline is based on valuation of the loans held for sale portfolio as described above in Loans held for sale. Valuation of foreign exchange forward contracts and risk participation agreements are obtained from an independent pricing service. Valuation of the derivative related to the sale of certain Visa Class B common shares is based on: (i) the agreed upon graduated fee structure; (ii) the length of time until the resolution of the Visa covered litigation; and (iii) the estimated impact of dilution in the conversion ratio of Class B shares resulting from changes in the Visa covered litigation. FAIR VALUE OF FINANCIAL INSTRUMENTS The reported fair values of financial instruments are based on a variety of factors. In certain cases, fair values represent quoted market prices for identical or comparable instruments. In other cases, fair values have been estimated based on assumptions regarding the amount and timing of estimated future cash flows that are discounted to reflect current market rates and varying degrees of risk. Accordingly, the fair values may not represent actual values of the financial instruments that could have been realized as of period-end or that will be realized in the future. The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value: Cash, cash equivalents, and restricted cash For cash and short-term investment securities, including due from banks, federal funds sold or purchased under agreements to resell and interest-bearing deposits with other banks, the carrying amount is a reasonable estimate of fair value. Investment securities Investment securities include debt securities classified as held-to-maturity or available-for-sale. Fair value is estimated using quoted prices for similar securities, which the Company obtains from a third party vendor. The Company uses one of the largest providers of securities pricing to the industry and management periodically assesses the inputs used by this vendor to price the various types of securities owned by the Company to validate the vendor’s methodology as described above in available-for-sale securities. Other investments Other investments includes equity investments without readily determinable fair values (see discussion in “Fair Value of Financial Assets and Liabilities” section above). Loans held for sale Loans held for sale are carried at their fair value (see discussion in “Fair Value of Financial Assets and Liabilities” section above). Loans and leases Loans and leases are segregated by portfolio segments with similar financial characteristics. The fair values of loans and leases, with the exception of reverse mortgages, are estimated by discounting expected cash flows using the current rates at which similar loans would be made to borrowers with comparable credit ratings and for similar remaining maturities. The fair values of reverse mortgages are based on the net present value of the expected cash flows using a discount rate specific to the reverse mortgages portfolio. The fair value of nonperforming loans is based on recent external appraisals of the underlying collateral, if the loan is collateral dependent. Estimated cash flows, discounted using a rate commensurate with current rates and the risk associated with the estimated cash flows, are used if appraisals are not available. This technique does contemplate an exit price. Stock in the Federal Home Loan Bank (FHLB) of Pittsburgh The fair value of FHLB stock is assumed to be equal to its cost basis, since the stock is non-marketable but redeemable at its par value. Accrued interest receivable The carrying amounts of interest receivable approximate fair value. Other assets Other assets include the fair value of interest rate products, derivatives on the residential mortgage held for sale loan pipeline, and risk participation agreements (see discussion in “Fair Value of Financial Assets and Liabilities” section above). Deposits The fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits, money market and interest-bearing demand deposits, is assumed to be equal to the amount payable on demand. The fair value of time deposits is based on the discounted value of contractual cash flows. The discount rate is estimated using rates currently offered for deposits with comparable remaining maturities. Borrowed funds Rates currently available to the Company for debt with similar terms and remaining maturities are used to estimate the fair value of existing debt. Off-balance sheet instruments The fair value of off-balance sheet instruments, including swap guarantees of $8.1 million at June 30, 2023 and $10.4 million at December 31, 2022, respectively, and standby letters of credit, approximates the recorded net deferred fee amounts. Because letters of credit are generally not assignable by either the Company or the borrower, they only have value to the Company and the borrower. In determining the fair value of the swap guarantees, the Company assesses the underlying credit risk exposure for each borrower in a paying position to the third-party financial institution. Accrued interest payable The carrying amounts of interest payable approximate fair value. Other liabilities Other liabilities include the fair value of interest rate products, derivatives on the residential mortgage held for sale loan pipeline, foreign exchange forward contracts, risk participation agreements, and derivative related to the sale of certain Visa Class B common shares (see discussion in “Fair Value of Financial Assets and Liabilities” section above). Financial instruments measured at fair value using significant unobservable inputs (Level 3) The following table provides a description of the valuation techniques and significant unobservable inputs for the Company's financial instruments classified as Level 3: (Dollars in thousands) June 30, 2023 Financial Instrument Fair Value Valuation Technique(s) Unobservable Input Range Other investments $ 24,560 Observed market comparable transactions Period of observed transactions May 2022 Other real estate owned 527 Fair market value of collateral Costs to sell 10.0% Other assets (Risk participation agreements purchased) 60 Credit Value Adjustment CDS Spread and Loss Given Default (LGD) CDS spread: 110 - 250 bps (197 bps) LGD: –% - 30% (30%) Other liabilities (Risk participation agreements sold) 3 Credit Value Adjustment CDS Spread and Loss Given Default (LGD) CDS spread: 1 - 250 bps (93 bps) LGD: 30% Other liabilities (Financial derivative related to 15,668 Discounted cash flow Timing of Visa litigation resolution 1.00 - 5.25 years (3.34 years or 4Q 2025) The book value and estimated fair value of the Company's financial instruments are as follows: June 30, 2023 December 31, 2022 (Dollars in thousands) Fair Value Book Value Fair Value Book Value Fair Value Financial assets: Cash, cash equivalents, and restricted cash Level 1 $ 1,115,560 $ 1,115,560 $ 837,258 $ 837,258 Investment securities available-for-sale Level 2 3,954,918 3,954,918 4,093,060 4,093,060 Investment securities held-to-maturity, net Level 2 1,079,768 1,005,843 1,111,619 1,040,104 Other investments Level 3 24,560 24,560 26,120 26,120 Loans, held for sale Level 2 43,065 43,065 42,985 42,985 Loans and leases, net (1) Level 3 12,168,047 12,204,153 11,759,992 11,567,888 Stock in FHLB of Pittsburgh Level 2 9,399 9,399 24,116 24,116 Accrued interest receivable Level 2 77,830 77,830 74,448 74,448 Other assets Levels 2, 3 151,942 151,942 156,993 156,993 Financial liabilities: Deposits Level 2 $ 16,427,956 $ 16,386,841 $ 16,203,569 $ 16,156,124 Borrowed funds Level 2 899,493 883,174 726,894 709,014 Standby letters of credit Level 3 674 674 739 739 Accrued interest payable Level 2 25,718 25,718 5,174 5,174 Other liabilities Levels 2, 3 163,855 163,855 173,622 173,622 (1) Includes reverse mortgage loans. At June 30, 2023 and December 31, 2022 the Company had no commitments to extend credit measured at fair value.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	6 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	13. DERIVATIVE FINANCIAL INSTRUMENTS Risk Management Objective of Using Derivatives The Company is exposed to certain risks arising from both economic conditions and its business operations. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its assets and liabilities. The Company manages a matched book with respect to its derivative instruments in order to minimize its net risk exposure resulting from such transactions. The Company does not use derivative financial instruments for trading purposes. Fair Values of Derivative Instruments The table below presents the fair value of derivative financial instruments as well as their location on the unaudited Consolidated Statements of Financial Condition as of June 30, 2023. Fair Values of Derivative Instruments (Dollars in thousands) Count Notional Balance Sheet Location Derivatives Derivatives designated as hedging instruments: Interest rate products 3 $ 250,000 Other assets $ 3,065 Total $ 250,000 $ 3,065 Derivatives not designated as hedging instruments: Interest rate products $ 2,474,004 Other assets $ 147,976 Interest rate products 2,680,213 Other liabilities (148,099) Interest rate lock commitments with customers 35,326 Other assets 642 Interest rate lock commitments with customers 868 Other liabilities (3) Forward sale commitments 20,250 Other assets 116 Forward sale commitments 18,000 Other liabilities (32) FX forwards 3,060 Other assets 83 FX forwards 2,400 Other liabilities (50) Risk participation agreements sold 101,644 Other liabilities (3) Risk participation agreements purchased 140,544 Other assets 60 Financial derivatives related to 113,177 Other liabilities (15,668) Total derivatives $ 5,839,486 $ (11,913) The table below presents the fair value of derivative financial instruments as well as their location on the unaudited Consolidated Statements of Financial Condition as of December 31, 2022. Fair Values of Derivative Instruments (Dollars in thousands) Notional Balance Sheet Location Derivatives Derivatives not designated as hedging instruments: Interest rate products $ 1,794,678 Other assets $ 156,414 Interest rate products 1,794,678 Other liabilities (156,414) Interest rate lock commitments with customers 24,673 Other assets 385 Interest rate lock commitments with customers 1,179 Other liabilities (7) Forward sale commitments 9,072 Other assets 75 Forward sale commitments 20,719 Other liabilities (54) FX forwards 4,177 Other assets 38 FX forwards 3,052 Other liabilities (45) Risk participation agreements sold 68,459 Other liabilities (2) Risk participation agreements purchased 87,168 Other assets 81 Financial derivatives related to 113,177 Other liabilities (17,100) Total derivatives $ 3,921,032 $ (16,629) Effect of Derivative Instruments on the Income Statement The table below presents the effect of the derivative financial instruments on the unaudited Consolidated Statements of Income for the three and six months ended June 30, 2023 and June 30, 2022. Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion) Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion) Location of Gain Reclassified from Accumulated OCI into Income (Effective Portion) (Dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, Derivatives in Cash Flow Hedging Relationships 2023 2022 2023 2022 Interest rate products $ (1,475) $ — $ (1,143) $ 1 Interest income Total $ (1,475) $ — $ (1,143) $ 1 Amount of Gain (Loss) Recognized in Income Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income (Dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, Derivatives not designated as hedging instruments 2023 2022 2023 2022 Interest rate products $ 1,531 $ 3,461 $ 3,971 $ 4,924 Other income Interest rate lock commitments with customers (134) 403 287 (825) Mortgage banking activities, net Forward sale commitments 213 887 66 $ 4,023 Mortgage banking activities, net FX forwards 13 61 28 41 Other income Risk participation agreements (17) (119) (14) (190) Other income Total $ 1,606 $ 4,693 $ 4,338 $ 7,973 Derivatives Designated as Hedging Instruments: Cash Flow Hedges of Interest Rate Risk The Company's objectives in using interest rate derivatives are to add stability to interest income and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate options, including floors, caps, collars, or swaps as part of its interest rate risk management strategy. Interest rate options designated as cash flow hedges involve the receipt of fixed amounts from a counterparty in exchange for the Company making variable-rate payments over the life of the agreements without exchange of the underlying notional amount. The Company has agreements with certain derivative counterparties that contain a provision under which, if it defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its derivative obligations. The Company also has agreements with certain derivative counterparties that contain a provision where if it fails to maintain its status as a well-capitalized or adequately capitalized institution, then the counterparty could terminate the derivative positions and the Company would be required to settle its obligations under the agreements. During 2023, the Company purchased three interest rate floors at a net premium of $4.8 million with an aggregate notional amount of $250.0 million to hedge variable cash flows associated with a variable rate loan pool through the first half of 2026. Changes to the fair value of derivatives designated and that qualify as cash flow hedges are recorded in accumulated other comprehensive income (loss) and is subsequently reclassified into earnings in the period that the hedged forecast transaction affects earnings. If the Company determines that a cash flow hedge is no longer highly effective, future changes in the fair value of the hedging instrument would be reported in earnings. As of June 30, 2023, the Company determined the cash flow hedges remain highly effective. During the three and six months ended June 30, 2023, $0.1 million and $0.2 million, respectively, of amortization expense on the premium was reclassified into interest income. The Company does not expect any unrealized gains or losses related to cash flow hedges to be reclassified into earnings in the next twelve months. In 2020, the Company terminated its three interest rate swaps that were designated as cash flow hedges for a net gain of $1.3 million, recognized in accumulated other comprehensive income. The derivatives were used to hedge the variable cash flows associated with a variable rate loan pool. Hedge accounting was discontinued, and the net gain in accumulated comprehensive income is reclassified into earnings when the transaction affects earnings. As the underlying hedged transaction continues to be probable, the $1.3 million net gain will be recognized into earnings on a straight-line basis over each derivative's original contract term. During the three and six months ended June 30, 2023, $0.1 million was reclassified into interest income for both periods. During the next twelve months, the Company estimates that an additional less than $0.1 million will be reclassified as an increase to interest income. Derivatives Not Designated as Hedging Instruments: Customer Derivatives – Interest Rate Swaps The Company enters into interest rate swaps with commercial loan customers wishing to manage interest rate risk. The Company then enters into corresponding swap agreements with swap dealer counterparties to economically hedge the exposure arising from these contracts. The interest rate swaps with both the customers and third parties are not designated as hedges under ASC 815, Derivatives and Hedging (ASC 815) and are marked to market through earnings. As the interest rate swaps are structured to offset each other, changes to the underlying benchmark interest rates considered in the valuation of these instruments do not result in an impact to earnings; however, there may be fair value adjustments related to credit quality variations between counterparties, which may impact earnings as required by ASC 820. As of June 30, 2023, there were no fair value adjustments related to credit quality. Derivative Financial Instruments from Mortgage Banking Activities Derivative financial instruments related to mortgage banking activities are recorded at fair value and are not designated as accounting hedges. This includes commitments to originate certain fixed-rate residential mortgage loans to customers, also referred to as interest rate lock commitments. The Company may also enter into forward sale commitments to sell loans to investors at a fixed price at a future date and trade asset-backed securities to mitigate interest rate risk. Foreign Exchange Forward Contracts The Company enters into foreign exchange forward contracts (FX forwards) with customers to exchange one currency for another on an agreed date in the future at an agreed exchange rate. The Corporation then enters into corresponding FX forwards with swap dealer counterparties to economically hedge its exposure on the exchange rate component of the customer agreements. The FX forwards with both the customers and third parties are not designated as hedges under ASC 815 and are marked to market through earnings. Exposure to gains and losses on these contracts increase or decrease over their respective lives as currency exchange and interest rates fluctuate. As the FX forwards are structured to offset each other, changes to the underlying term structure of currency exchange rates considered in the valuation of these instruments do not result in an impact to earnings; however, there may be fair value adjustments related to credit quality variations between counterparties, which may impact earnings as required by ASC 820. As of June 30, 2023, there were no fair value adjustments related to credit quality. Risk Participation Agreements The Company may enter into a risk participation agreement (RPA) with another institution as a means to assume a portion of the credit risk associated with a loan structure which includes a derivative instrument, in exchange for fee income commensurate with the risk assumed. This type of derivative is referred to as an “RPA sold.” In addition, in an effort to reduce the credit risk associated with an interest rate swap agreement with a borrower for whom the Corporation has provided a loan structured with a derivative, the Corporation may purchase an RPA from an institution participating in the facility in exchange for a fee commensurate with the risk shared. This type of derivative is referred to as an “RPA purchased.” Swap Guarantees The Company entered into agreements with one unrelated financial institutions whereby those financial institutions entered into interest rate derivative contracts (interest rate swap transactions) directly with customers referred to them by the Company. Under the terms of the agreements, those financial institutions have recourse to us for any exposure created under each swap transaction, only in the event that the customer defaults on the swap agreement and the agreement is in a paying position to the third-party financial institution. This is a customary arrangement that allows us to provide access to interest rate swap transactions for our customers without creating the swap ourselves. These swap guarantees are accounted for as credit derivatives. At June 30, 2023 and December 31, 2022, there were 197 and 209 variable-rate to fixed-rate swap transactions between the third-party financial institutions and the Company's customers, respectively. The initial notional aggregate amount was approximately $0.8 billion at June 30, 2023 and December 31, 2022. At June 30, 2023, the swap transactions remaining maturities ranged from under 1 year to 13 years. At June 30, 2023, none of these customer swaps were in a paying position to third parties, with our swap guarantees having a fair value of $8.1 million. At December 31, 2022, none of these customer swaps were in a paying position to third parties, with the Company's swap guarantees having a fair value of $10.4 million. However, for both periods, none of the Company's customers were in default of the swap agreements. Credit-risk-related Contingent Features The Company has agreements with certain derivative counterparties that contain a provision under which, if it defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its derivative obligations. The Company has minimum collateral posting thresholds with certain of its derivative counterparties, and has posted collateral of $5.9 million in cash against its obligations under these agreements which meets or exceeds the minimum collateral posting requirements. If the Company had breached any of these provisions at June 30, 2023, it could have been required to settle its obligations under the agreements at the termination value.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
SEGMENT INFORMATION	Jun. 30, 2023
Segment Reporting [Abstract]
SEGMENT INFORMATION	14. SEGMENT INFORMATION As defined in ASC 280, Segment Reporting (ASC 280), an operating segment is a component of an enterprise that engages in business activities from which it may earn revenues and incur expenses, whose operating results are regularly reviewed by the enterprise’s chief operating decision makers to make decisions about resources to be allocated to the segment and assess its performance, and for which discrete financial information is available. The Company evaluates performance based on pretax net income relative to resources used, and allocate resources based on these results. The accounting policies applicable to the Company's segments are those that apply to its preparation of the accompanying unaudited Consolidated Financial Statements. Based on these criteria, the Company has identified three segments: WSFS Bank, Cash Connect ® , and Wealth Management. The WSFS Bank segment provides financial products to commercial and consumer customers. Commercial and Consumer Banking, Commercial Real Estate Lending and other banking business units are operating departments of WSFS Bank. These departments share the same regulators, the same market, many of the same customers and provide similar products and services through the general infrastructure of the Bank. Accordingly, these departments are not considered discrete segments and are appropriately aggregated in the WSFS Bank segment. The Company's Cash Connect ® segment provides ATM vault cash, smart safe and other cash logistics services through strategic partnerships with several of the largest networks, manufacturers and service providers in the ATM industry. Cash Connect ® services non-bank and WSFS-branded ATMs and retail safes nationwide. The balance sheet category Cash in non-owned ATMs includes cash from which fee income is earned through bailment arrangements with customers of Cash Connect ® . The Wealth Management segment provides a broad array of planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate, and institutional clients through multiple integrated businesses. Bryn Mawr Trust ® is our predominant Private Wealth Management brand, providing advisory, investment management and trustee services to institutions, affluent and high-net-worth individuals. The Bryn Mawr Trust Company of Delaware provides personal trust and fiduciary services to families and individuals across the U.S. and internationally. WSFS Institutional Services ® provides trustee, agency, bankruptcy administration, custodial and commercial domicile services to institutional, corporate clients and special purpose vehicles. Private Wealth Management serves high-net-worth clients and institutions by providing trustee and advisory services, financial planning, customized investment strategies, brokerage products such as annuities and traditional banking services such as credit and deposit products tailored to its clientele. Private Wealth Management includes businesses that operate under the bank’s charter, through a broker/dealer and as a registered investment advisor (RIA). It generates revenue through fee-only arrangements, net interest income and other fee-only services such as estate administration, trust tax planning and custody. Powdermill ® is a multi-family office specializing in providing independent solutions to high-net-worth individuals, families and corporate executives through a coordinated, centralized approach. The following tables show segment results for the three and six months ended June 30, 2023 and 2022: Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 (Dollars in thousands) WSFS Bank Cash Connect ® Wealth Total WSFS Bank Cash Connect ® Wealth Total Statements of Income External customer revenues: Interest income $ 236,405 $ — $ 5,364 $ 241,769 $ 157,174 $ — $ 2,846 $ 160,020 Noninterest income 14,089 19,992 32,790 66,871 27,423 12,014 32,592 72,029 Total external customer revenues 250,494 19,992 38,154 308,640 184,597 12,014 35,438 232,049 Inter-segment revenues: Interest income 6,725 323 24,948 31,996 2,098 406 8,868 11,372 Noninterest income 7,261 495 94 7,850 6,707 424 161 7,292 Total inter-segment revenues 13,986 818 25,042 39,846 8,805 830 9,029 18,664 Total revenue 264,480 20,810 63,196 348,486 193,402 12,844 44,467 250,713 External customer expenses: Interest expense 53,962 — 5,965 59,927 6,149 — 256 6,405 Noninterest expenses 108,147 14,538 18,568 141,253 108,631 8,188 17,230 134,049 Provision for (recovery of) credit losses 16,328 — (498) 15,830 7,975 — 293 8,268 Total external customer expenses 178,437 14,538 24,035 217,010 122,755 8,188 17,779 148,722 Inter-segment expenses: Interest expense 25,271 3,851 2,874 31,996 9,274 1,207 891 11,372 Noninterest expenses 589 1,484 5,777 7,850 585 1,106 5,601 7,292 Total inter-segment expenses 25,860 5,335 8,651 39,846 9,859 2,313 6,492 18,664 Total expenses 204,297 19,873 32,686 256,856 132,614 10,501 24,271 167,386 Income before taxes $ 60,183 $ 937 $ 30,510 $ 91,630 $ 60,788 $ 2,343 $ 20,196 $ 83,327 Income tax provision 23,035 22,425 Consolidated net income 68,595 60,902 Net (loss) income attributable to noncontrolling interest (83) 162 Net income attributable to WSFS $ 68,678 $ 60,740 Supplemental Information Capital expenditures for the period ended $ 956 $ — $ — $ 956 $ 2,789 $ — $ — $ 2,789 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 (Dollars in thousands) WSFS Bank Cash Connect ® Wealth Total WSFS Bank Cash Connect ® Wealth Total Statements of Income External customer revenues: Interest income $ 457,690 $ — $ 10,462 $ 468,152 $ 298,576 $ — $ 5,581 $ 304,157 Noninterest income 28,239 38,171 63,588 129,998 46,248 22,084 64,271 132,603 Total external customer revenues 485,929 38,171 74,050 598,150 344,824 22,084 69,852 436,760 Inter-segment revenues: Interest income 12,824 718 45,675 59,217 3,150 732 14,207 18,089 Noninterest income 14,161 956 199 15,316 13,197 789 347 14,333 Total inter-segment revenues 26,985 1,674 45,874 74,533 16,347 1,521 14,554 32,422 Total revenue 512,914 39,845 119,924 672,683 361,171 23,605 84,406 469,182 External customer expenses: Interest expense 92,449 — 11,329 103,778 11,552 — 432 11,984 Noninterest expenses 209,096 28,038 37,164 274,298 257,132 15,737 35,637 308,506 Provision for credit losses 44,045 — 796 44,841 27,184 — 55 27,239 Total external customer expenses 345,590 28,038 49,289 422,917 295,868 15,737 36,124 347,729 Inter-segment expenses: Interest expense 46,393 7,410 5,414 59,217 14,939 1,482 1,668 18,089 Noninterest expenses 1,155 2,830 11,331 15,316 1,136 2,251 10,946 14,333 Total inter-segment expenses 47,548 10,240 16,745 74,533 16,075 3,733 12,614 32,422 Total expenses 393,138 38,278 66,034 497,450 311,943 19,470 48,738 380,151 Income before taxes $ 119,776 $ 1,567 $ 53,890 $ 175,233 $ 49,228 $ 4,135 $ 35,668 $ 89,031 Income tax provision 43,976 24,162 Consolidated net income 131,257 64,869 Net income attributable to noncontrolling interest 175 325 Net income attributable to WSFS $ 131,082 $ 64,544 Supplemental Information Capital expenditures for the period ended $ 1,812 $ — $ — $ 1,812 $ 4,436 $ — $ — $ 4,436 The following table shows significant components of segment net assets as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 (Dollars in thousands) WSFS Bank Cash Connect ® Wealth Total WSFS Bank Cash Connect ® Wealth Total Statements of Financial Condition Cash and cash equivalents $ 719,817 $ 354,497 $ 41,246 $ 1,115,560 $ 317,022 $ 476,850 $ 43,386 $ 837,258 Goodwill 753,586 — 130,051 883,637 753,586 — 130,051 883,637 Other segment assets 17,999,598 11,556 375,340 18,386,494 17,824,946 10,429 358,485 18,193,860 Total segment assets $ 19,473,001 $ 366,053 $ 546,637 $ 20,385,691 $ 18,895,554 $ 487,279 $ 531,922 $ 19,914,755

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
COMMITMENTS AND CONTINGENCIES	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	15. COMMITMENTS AND CONTINGENCIES Secondary Market Loan Sales The Company typically sells newly originated residential mortgage loans in the secondary market to mortgage loan aggregators and to GSEs such as FHLMC, FNMA, and on a more limited basis, the FHLB. Loans held for sale are reflected on the unaudited Consolidated Statements of Financial Condition at fair value with changes in the value reflected in the unaudited Consolidated Statements of Income. Gains and losses are recognized at the time of sale. The Company periodically retains the servicing rights on residential mortgage loans sold which results in monthly service fee income. The mortgage servicing rights are included in Intangible assets on the unaudited Consolidated Statements of Financial Condition. Otherwise, the Company sells loans with servicing released on a nonrecourse basis. Rate-locked loan commitments that the Company intends to sell in the secondary market are accounted for as derivatives under ASC 815. The Company does not sell loans with recourse, except for standard loan sale contract provisions covering violations of representations and warranties and, under certain circumstances, early payment default by the borrower. These are customary repurchase provisions in the secondary market for residential mortgage loan sales. These provisions may include either an indemnification from loss or the repurchase of the loans. Repurchases and losses have been rare and no provision is made for losses at the time of sale. There was one repurchase during the six months ended June 30, 2023 for $0.8 million and two repurchases for $0.8 million during the same period in 2022. Unfunded Lending Commitments

CHANGE IN ACCUMULATED OTHER COM

CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS	6 Months Ended
CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS	Jun. 30, 2023
Equity [Abstract]
CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS	16. CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated other comprehensive loss includes unrealized gains and losses on available-for-sale investments, unrealized gains and losses on cash flow hedges, as well as unrecognized prior service costs and actuarial gains and losses on defined benefit pension plans. Changes to accumulated other comprehensive loss are presented, net of tax, as a component of stockholders’ equity. Amounts that are reclassified out of accumulated other comprehensive loss are recorded on the unaudited Consolidated Statements of Income either as a gain or loss. Changes to accumulated other comprehensive loss by component are shown, net of taxes, in the following tables for the period indicated: (Dollars in thousands) Net change in Net change Net Net change in fair value of derivatives used for cash flow hedges (1) Net change in equity method investments Total Balance, March 31, 2023 $ (510,523) $ (104,338) $ (4,517) $ 400 $ 563 $ (618,415) Other comprehensive loss (40,367) — (7) (1,475) (101) (41,950) Less: Amounts reclassified from accumulated other comprehensive loss — 4,393 (47) (40) — 4,306 Net current-period other comprehensive loss (40,367) 4,393 (54) (1,515) (101) (37,644) Balance, June 30, 2023 $ (550,890) $ (99,945) $ (4,571) $ (1,115) $ 462 $ (656,059) Balance, March 31, 2022 $ (309,791) $ 147 $ (4,718) $ 229 $ 353 $ (313,780) Other comprehensive (loss) income (2) (85,422) (119,824) (1) — 188 (205,059) Less: Amounts reclassified from accumulated other comprehensive loss — 28 (27) (40) — (39) Net current-period other comprehensive (loss) income (85,422) (119,796) (28) (40) 188 (205,098) Balance, June 30, 2022 $ (395,213) $ (119,649) $ (4,746) $ 189 $ 541 $ (518,878) (1) Cash flow hedges were terminated as of April 1, 2020 (2) Includes $119.8 million, net of tax, of unrealized losses on transferred investment securities from available-for-sale to held-to-maturity. (Dollars in thousands) Net change in Net change Net Net change in fair value of derivatives used for cash flow hedges (1) Net change in equity method investments Total Balance, December 31, 2022 $ (563,533) $ (108,503) $ (4,482) $ 108 $ 566 $ (675,844) Other comprehensive income (loss) 12,643 — 5 (1,143) (104) 11,401 Less: Amounts reclassified from accumulated other comprehensive loss — 8,558 (94) (80) — 8,384 Net current-period other comprehensive income (loss) 12,643 8,558 (89) (1,223) (104) 19,785 Balance, June 30, 2023 $ (550,890) $ (99,945) $ (4,571) $ (1,115) $ 462 $ (656,059) Balance, December 31, 2021 $ (33,873) $ 175 $ (4,691) $ 268 $ 353 $ (37,768) Other comprehensive (loss) income (2) (361,340) (119,768) — 1 188 (480,919) Less: Amounts reclassified from accumulated other comprehensive loss — (56) (55) (80) — (191) Net current-period other comprehensive (loss) income (361,340) (119,824) (55) (79) 188 (481,110) Balance, June 30, 2022 $ (395,213) $ (119,649) $ (4,746) $ 189 $ 541 $ (518,878) (1) Cash flow hedges were terminated as of April 1, 2020 (2) Includes $119.8 million, net of tax, of unrealized losses on transferred investment securities from available-for-sale to held-to-maturity. The unaudited Consolidated Statements of Income were impacted by components of other comprehensive income as shown in the tables below: Three Months Ended June 30, Affected line item in unaudited Consolidated Statements of Income (Dollars in thousands) 2023 2022 Net unrealized holding losses (gains) on securities transferred between available-for-sale and held-to-maturity: Amortization of net unrealized losses (gains) to income during the period 5,779 37 Net interest income Income taxes (1,386) (9) Income tax provision Net of tax 4,393 28 Amortization of defined benefit pension plan-related items: Prior service credits (19) (19) Actuarial (gains) losses (43) (17) Total before tax (62) (36) Salaries, benefits and other compensation Income taxes 15 9 Income tax provision Net of tax (47) (27) Net unrealized gains on terminated cash flow hedges: Amortization of net unrealized gains to income during the period (53) (53) Interest and fees on loans and leases Income taxes 13 13 Income tax provision Net of tax (40) (40) Total reclassifications $ 4,306 $ (39) Six Months Ended June 30, Affected line item in unaudited Consolidated Statements of Operations 2023 2022 Net unrealized holding losses (gains) on securities transferred between available-for-sale and held-to-maturity: Amortization of net unrealized losses (gains) to income during the period 11,260 (74) Net interest income Income taxes (2,702) 18 Income tax provision Net of tax 8,558 (56) Amortization of defined benefit pension plan-related items: Prior service credits (38) (38) Actuarial losses (gains) (86) (34) Total before tax (124) (72) Salaries, benefits and other compensation Income taxes 30 17 Income tax provision Net of tax (94) (55) Net unrealized gains on terminated cash flow hedges: Amortization of net unrealized gains to income during the period (105) (105) Interest and fees on loans and leases Income taxes 25 25 Income tax provision Net of tax (80) (80) Total reclassifications $ 8,384 $ (191)

LEGAL AND OTHER PROCEEDINGS

LEGAL AND OTHER PROCEEDINGS	6 Months Ended
LEGAL AND OTHER PROCEEDINGS	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
LEGAL AND OTHER PROCEEDINGS	17. LEGAL AND OTHER PROCEEDINGS In accordance with the current accounting standards for loss contingencies, the Company establishes reserves for litigation-related matters that arise in the ordinary course of its business activities when it is probable that a loss associated with a claim or proceeding has been incurred and the amount of the loss can be reasonably estimated. Litigation claims and proceedings of all types are subject to many uncertain factors that generally cannot be predicted with assurance. In addition, the Company's defense of litigation claims may result in legal fees, which it expenses as incurred. There were no material changes or additions to other significant pending legal or other proceedings involving the Company other than those arising out of routine operations.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 68,678	$ 60,740	$ 131,082	$ 64,544

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation In preparing the unaudited Consolidated Financial Statements, the Company is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses. Amounts subject to significant estimates include the allowance for credit losses (including loans and leases held for investment, investment securities available-for-sale and held-to-maturity), lending-related commitments, goodwill, intangible assets, post-retirement benefit obligations, the fair value of financial instruments, and income taxes. Among other effects, changes to these estimates could result in future impairments of investment securities, goodwill and intangible assets, the establishment of additional allowance and lending-related commitment reserves, changes in the fair value of financial instruments, as well as increased post-retirement benefits and income tax expense. The Company's accounting and reporting policies conform to Generally Accepted Accounting Principles in the U.S. (GAAP), prevailing practices within the banking industry for interim financial information and Rule 10-01 of SEC Regulation S-X (Rule 10-01). Rule 10-01 does not require us to include all information and notes that would be required in audited financial statements. Certain prior period amounts have been reclassified to conform with current period presentation. Operating results for the periods presented are not necessarily indicative of the results that may be expected for any future quarters or for the year ending December 31, 2023. These unaudited, interim Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and related notes included in the Annual Report on Form 10-K for the year ended December 31, 2022 (the 2022 Annual Report on Form 10-K) that was filed with the SEC on February 28, 2023 and is available at www.sec.gov or on the website at www.wsfsbank.com . All significant intercompany accounts and transactions were eliminated in consolidation.
Past Due and Nonaccrual Loans and Allowance for Credit Losses - Loans and Leases	Past Due and Nonaccrual Loans Past due loans are defined as loans contractually past due 90 days or more as to principal or interest payments. Past due loans 90 days or more that remain in accrual status are considered well secured and in the process of collection. Nonaccruing loans are those on which the accrual of interest has ceased. Loans are placed on nonaccrual status immediately if, in the opinion of the Company, collection is doubtful, or when principal or interest is past due 90 days or more and the loan is not well secured and in the process of collection. Interest accrued but not collected at the date a loan is placed on nonaccrual status is reversed and charged against interest income. In addition, the amortization of net deferred loan fees is suspended when a loan is placed on nonaccrual status. Subsequent cash receipts are applied either to the outstanding principal balance or recorded as interest income, depending on the Company’s assessment of the ultimate collectability of principal and interest. Loans are returned to accrual status when the Company assesses that the borrower has the ability to make all principal and interest payments in accordance with the terms of the loan (i.e., a consistent repayment record, generally six consecutive payments, has been demonstrated). For loans greater than 90 days past due, unless loans are well-secured and collection is imminent, their respective reserves are generally charged off once the loss has been confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged off and expected to be charged off. A loan, for which the terms have been modified in the current reporting period in the form of principal forgiveness, an interest rate reduction, an other than-insignificant payment delay, or a term extension to a borrower experiencing financial difficulty, is considered a troubled loan. The assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. Principal balances are generally not forgiven when a loan is modified as a troubled loan. Nonaccruing troubled loans remain in nonaccrual status until there has been a period of sustained repayment performance demonstrated and repayment is reasonably assured. Since the effect of most troubled loans are already included in the Company’s estimate of expected credit losses, a change to the allowance for credit losses is generally not recorded upon modification. For additional detail regarding past due and nonaccrual loans, see Note 7. Allowance for Credit Losses - Loans and Leases The Company establishes its allowance in accordance with guidance provided in ASC 326, Financial Instruments - Credit Losses . The allowance for credit losses includes quantitative and qualitative factors that comprise the Company's current estimate of expected credit losses, including the Company's portfolio mix and segmentation, modeling methodology, historical loss experience, relevant available information from internal and external sources relating to qualitative adjustment factors, prepayment speeds and reasonable and supportable forecasts about future economic conditions. The Company's portfolio segments, established based on similar risk characteristics and loss behaviors, are: • Commercial Loans and Leases: Commercial and industrial - real estate secured, commercial and industrial - non-real estate secured, owner-occupied commercial, commercial mortgages, construction and commercial small business leases, and • Residential and Consumer Loans: Residential mortgage, equity secured lines and loans, installment loans, unsecured lines of credit, originated education loans and previously acquired education loans. Expected credit losses are net of expected recoveries and estimated over the contractual term, adjusted for expected prepayments. The contractual term excludes any extensions, renewals and modifications unless they are not unconditionally cancellable. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. Expected prepayments are based on historical experience and considers adjustments for current and future economic conditions. The allowance includes two primary components: (i) an allowance established on loans which share similar risk characteristics collectively evaluated for credit losses (collective basis) and (ii) an allowance established on loans which do not share similar risk characteristics with any loan segment and are individually evaluated for credit losses (individual basis). Loans that share similar risk characteristics are collectively reviewed for credit loss and are evaluated based on historical loss experience, adjusted for current economic conditions and future economic forecasts. Estimated losses are determined differently for commercial and residential and consumer loans, and each portfolio segment is further segmented by internally assessed risk ratings. The Company uses a single scenario third-party economic forecast to adjust the calculated historical loss rates of the portfolio segments to incorporate the effects of current and future economic conditions. The Company's economic forecast considers the general health of the economy, the interest rate environment, real estate pricing and market risk. The Company's forecast extends out 6 quarters (the forecast period) and reverts to the historical loss rates on a straight-line basis over 4 quarters (the reversion period) as it believes this to be reasonable and supportable in the current environment. The economic forecast and reversion periods will be evaluated periodically by the Company and updated as appropriate. The historical loss rates for commercial loans are estimated by determining the probability of default (PD) and expected loss given default (LGD) and are applied to the loans' exposure at default. The probability of default is calculated based on the historical rate of migration to an event of credit loss during the look-back period. The historical loss rates for consumer loans is calculated based on average net loss rates over the same look-back period. The current look-back period is 49 quarters which ensures historical loss rates are adequately considering losses within a full credit cycle. Loans that do not share similar risk characteristics with any loan segments are evaluated on an individual basis. These loans, which may include troubled loans, are not included in the collective basis evaluation. When it is probable the Company will not collect all principal and interest due according to their contractual terms, which is assessed based on the credit characteristics of the loan and/or payment status, these loans are individually reviewed and measured for potential credit loss. The amount of the potential credit loss is measured using any of the following three methods: (i) the present value of expected future cash flows discounted at the loan’s effective interest rate; (ii) the fair value of collateral if the loan is collateral dependent; or (iii) the loan’s observable market price. If the measured fair value of the loan is less than the amortized cost basis of the loan, an allowance for credit loss is recorded. For collateral dependent loans, the expected credit losses at the individual asset level are the difference between the collateral's fair value (less cost to sell) and the amortized cost. Qualitative adjustment factors consider various internal and external conditions which are allocated among loan segments and take into consideration: • Current underwriting policies, staff and portfolio concentrations, • Risk rating accuracy, credit and administration, • Internal risk emergence (including internal trends of delinquency, and criticized loans by segment), • Economic forecasts and conditions - locally and nationally (including market trends impacting collateral values), which is separate from or in addition to the third-party economic forecast described above, and • Competitive environment, as it could impact loan structure and underwriting. These factors are based on their relative standing compared to the period in which historical losses are used in quantitative reserve estimates and current directional trends, and reasonable and supportable forecasts. Qualitative factors can add to or subtract from quantitative reserves. The Company's loan officers and risk managers meet at least quarterly to discuss and review the conditions and risks associated with individual problem loans. In addition, various regulatory agencies periodically review the Company's loan ratings and allowance for credit losses and the Bank's internal loan review department performs recurring loan reviews. Accrued interest receivable on loans is excluded from the estimate of credit losses and is included in Accrued interest receivable on the unaudited Consolidated Statements of Financial Condition. For additional detail regarding the allowance for credit losses and the provision for credit losses, see Note 7.
Recent Accounting Pronouncements	RECENT ACCOUNTING PRONOUNCEMENTS Accounting Guidance Adopted in 2023 ASU No. 2022-02, Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures: In March 2022, the FASB issued ASU No. 2022-02 , Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. The guidance eliminates the accounting guidance for troubled debt restructurings by creditors (ASC 310-40) while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. The guidance also requires that an entity disclose current-period write-offs by year of origination for financing receivables and net investments in leases within the scope of Topic 326. The Company adopted this guidance prospectively on January 1, 2023. For further details on the impact of the adoption and accounting policies, see updated Significant Accounting Policies, as described above, and troubled loans disclosures in Note 7 - Allowance for Credit Losses and Credit Quality Information . Accounting Guidance Pending Adoption as of June 30, 2023 ASU No. 2023-01, Leases (Topic 842) Common Control Agreements: In March 2023, the FASB issued ASU No. 2023-01 , Leases (Topic 842) Common Control Agreements. The amendment clarifies the accounting for leasehold improvements associated with common control leases by allowing the lessee to amortize the leasehold improvements over the useful life of the common control group’s use of the underlying asset, regardless of the lease term. The guidance is effective for fiscal years beginning after December 15, 2023. Early adoption is permitted. Adoption is required on a modified retrospective basis, consistent with the Company's adoption of Topic 842. The Company does not expect this update to have a material impact on the Consolidated Financial Statements. ASU No. 2023-02, Investments—Equity Method and Joint Ventures (Topic 323) Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method: In March 2023, The FASB issued ASU 2023-02, Investments—Equity Method and Joint Ventures (Topic 323) Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method . The amendments permit reporting entities to elect to account for any equity investments in a tax credit program using the proportional amortization method if certain conditions are met. The amendments are effective for fiscal years beginning after December 15, 2023. Early adoption is permitted. Adoption is required on a prospective, modified retrospective, or retrospective basis depending on the amendment. The Company does not expect this update to have a material impact on the Consolidated Financial Statements.
Fair Value Measurement	Available-for-sale securities Securities classified as available-for-sale are reported at fair value using Level 2 inputs. The Company believes that this Level 2 designation is appropriate under ASC 820-10, as these securities are GSEs and GNMA securities with almost all fixed income securities, none are exchange traded, and all are priced by correlation to observed market data. For these securities the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, U.S. government and agency yield curves, live trading levels, trade execution data, market consensus prepayment speeds, credit information, and the security’s terms and conditions, among other factors. Other investments Other investments includes equity investments without readily determinable fair values and equity method investments, which are categorized as Level 3. The Company’s equity investments without readily determinable fair values are held at cost, and are adjusted for any observable transactions during the reporting period and its equity method investments are initially recorded at cost based on the Company’s percentage ownership in the investee, and are adjusted to reflect the recognition of the Company’s proportionate share of income or loss of the investee based on the investee’s earnings. Other real estate owned Other real estate owned consists of loan collateral which has been repossessed through foreclosure or other measures. Initially, foreclosed assets are recorded at the fair value of the collateral less estimated selling costs. Subsequent to foreclosure, valuations are updated periodically and the assets may be marked down further, reflecting a new cost basis. The fair value of other real estate owned was estimated using Level 3 inputs based on appraisals obtained from third parties. Loans held for sale The fair value of loans held for sale is based on estimates using Level 2 inputs. These inputs are based on pricing information obtained from wholesale mortgage banks and brokers and applied to loans with similar interest rates and maturities. Other assets Other assets include the fair value of interest rate products, derivatives on the residential mortgage held for sale loan pipeline, and risk participation agreements. Valuation of interest rate products is obtained from an independent pricing service and also from the derivative counterparty. Valuation of the derivative related to the residential mortgage held for sale loan pipeline is based on valuation of the loans held for sale portfolio as described above in Loans held for sale . Valuation of risk participation agreements are obtained from an independent pricing service. Other liabilities Other liabilities include the fair value of interest rate products, derivatives on the residential mortgage held for sale loan pipeline, foreign exchange forward contracts, risk participation agreements, and derivative related to the sale of certain Visa Class B common shares. Valuation of interest rate products is obtained from an independent pricing service and also from the derivative counterparty. Valuation of the derivative related to the residential mortgage held for sale loan pipeline is based on valuation of the loans held for sale portfolio as described above in Loans held for sale. Valuation of foreign exchange forward contracts and risk participation agreements are obtained from an independent pricing service. Valuation of the derivative related to the sale of certain Visa Class B common shares is based on: (i) the agreed upon graduated fee structure; (ii) the length of time until the resolution of the Visa covered litigation; and (iii) the estimated impact of dilution in the conversion ratio of Class B shares resulting from changes in the Visa covered litigation. FAIR VALUE OF FINANCIAL INSTRUMENTS The reported fair values of financial instruments are based on a variety of factors. In certain cases, fair values represent quoted market prices for identical or comparable instruments. In other cases, fair values have been estimated based on assumptions regarding the amount and timing of estimated future cash flows that are discounted to reflect current market rates and varying degrees of risk. Accordingly, the fair values may not represent actual values of the financial instruments that could have been realized as of period-end or that will be realized in the future. The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value: Cash, cash equivalents, and restricted cash For cash and short-term investment securities, including due from banks, federal funds sold or purchased under agreements to resell and interest-bearing deposits with other banks, the carrying amount is a reasonable estimate of fair value. Investment securities Investment securities include debt securities classified as held-to-maturity or available-for-sale. Fair value is estimated using quoted prices for similar securities, which the Company obtains from a third party vendor. The Company uses one of the largest providers of securities pricing to the industry and management periodically assesses the inputs used by this vendor to price the various types of securities owned by the Company to validate the vendor’s methodology as described above in available-for-sale securities. Other investments Other investments includes equity investments without readily determinable fair values (see discussion in “Fair Value of Financial Assets and Liabilities” section above). Loans held for sale Loans held for sale are carried at their fair value (see discussion in “Fair Value of Financial Assets and Liabilities” section above). Loans and leases Loans and leases are segregated by portfolio segments with similar financial characteristics. The fair values of loans and leases, with the exception of reverse mortgages, are estimated by discounting expected cash flows using the current rates at which similar loans would be made to borrowers with comparable credit ratings and for similar remaining maturities. The fair values of reverse mortgages are based on the net present value of the expected cash flows using a discount rate specific to the reverse mortgages portfolio. The fair value of nonperforming loans is based on recent external appraisals of the underlying collateral, if the loan is collateral dependent. Estimated cash flows, discounted using a rate commensurate with current rates and the risk associated with the estimated cash flows, are used if appraisals are not available. This technique does contemplate an exit price. Stock in the Federal Home Loan Bank (FHLB) of Pittsburgh The fair value of FHLB stock is assumed to be equal to its cost basis, since the stock is non-marketable but redeemable at its par value. Accrued interest receivable The carrying amounts of interest receivable approximate fair value. Other assets Other assets include the fair value of interest rate products, derivatives on the residential mortgage held for sale loan pipeline, and risk participation agreements (see discussion in “Fair Value of Financial Assets and Liabilities” section above). Deposits The fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits, money market and interest-bearing demand deposits, is assumed to be equal to the amount payable on demand. The fair value of time deposits is based on the discounted value of contractual cash flows. The discount rate is estimated using rates currently offered for deposits with comparable remaining maturities. Borrowed funds Rates currently available to the Company for debt with similar terms and remaining maturities are used to estimate the fair value of existing debt. Off-balance sheet instruments The fair value of off-balance sheet instruments, including swap guarantees of $8.1 million at June 30, 2023 and $10.4 million at December 31, 2022, respectively, and standby letters of credit, approximates the recorded net deferred fee amounts. Because letters of credit are generally not assignable by either the Company or the borrower, they only have value to the Company and the borrower. In determining the fair value of the swap guarantees, the Company assesses the underlying credit risk exposure for each borrower in a paying position to the third-party financial institution. Accrued interest payable The carrying amounts of interest payable approximate fair value. Other liabilities Other liabilities include the fair value of interest rate products, derivatives on the residential mortgage held for sale loan pipeline, foreign exchange forward contracts, risk participation agreements, and derivative related to the sale of certain Visa Class B common shares (see discussion in “Fair Value of Financial Assets and Liabilities” section above).

NONINTEREST INCOME (Tables)

NONINTEREST INCOME (Tables)	6 Months Ended
NONINTEREST INCOME (Tables)	Jun. 30, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Credit/Debit Card and ATM Income	The following table presents the components of credit/debit card and ATM income: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Bailment fees $ 9,385 $ 4,014 $ 18,069 $ 6,799 Interchange fees 3,993 3,890 7,879 7,989 Other card and ATM fees 1,052 868 1,843 1,665 Total credit/debit card and ATM income $ 14,430 $ 8,772 $ 27,791 $ 16,453
Schedule of Investment Management and Fiduciary Income	The following table presents the components of investment management and fiduciary income: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Trust fees $ 21,936 $ 20,398 $ 42,452 $ 39,488 Wealth management and advisory fees 10,443 10,794 20,403 21,885 Total investment management and fiduciary income $ 32,379 $ 31,192 $ 62,855 $ 61,373
Schedule of Deposit Service Charges	The following table presents the components of deposit service charges: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Service fees $ 4,315 $ 3,972 $ 8,451 $ 7,856 Return and overdraft fees 1,720 1,896 3,367 3,671 Other deposit service fees 242 203 498 369 Total deposit service charges $ 6,277 $ 6,071 $ 12,316 $ 11,896
Schedule of Other Income	The following table presents the components of other income: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Managed service fees $ 5,216 $ 4,387 $ 10,015 $ 8,225 Currency preparation 1,342 929 2,624 1,800 ATM loss protection 647 674 1,295 1,282 Capital markets revenue 1,710 3,437 4,589 4,945 Miscellaneous products and services (1) 1,616 6,293 1,259 12,021 Total other income $ 10,531 $ 15,720 $ 19,782 $ 28,273 (1) Includes commissions income from BMT Insurance Advisors (BMTIA) in 2022. The BMTIA business was sold at the end of the second quarter of 2022.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
EARNINGS PER SHARE (Tables)	Jun. 30, 2023
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table shows the computation of basic and diluted earnings per share: Three Months Ended June 30, Six Months Ended June 30, (Dollars and shares in thousands, except per share data) 2023 2022 2023 2022 Numerator: Net income attributable to WSFS $ 68,678 $ 60,740 $ 131,082 $ 64,544 Denominator: Weighted average basic shares 61,348 64,224 61,429 64,581 Dilutive potential common shares 66 59 97 115 Weighted average fully diluted shares 61,414 64,283 $ 61,526 $ 64,696 Earnings per share: Basic $ 1.12 $ 0.95 $ 2.13 $ 1.00 Diluted $ 1.12 $ 0.94 $ 2.13 $ 1.00 Outstanding common stock equivalents having no dilutive effect 98 51 22 7

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
INVESTMENT SECURITIES (Tables)	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Debt Securities, Available-for-sale	The following tables detail the amortized cost, allowance for credit losses and the estimated fair value of the Company's investments in available-for-sale and held-to-maturity debt securities. None of the Company's investments in debt securities are classified as trading. June 30, 2023 (Dollars in thousands) Amortized Cost Gross Gross Allowance for Credit Losses Fair Available-for-Sale Debt Securities Collateralized mortgage obligation (CMO) $ 585,518 $ — $ 101,792 $ — $ 483,726 Fannie Mae (FNMA) mortgage-backed securities (MBS) 3,688,588 — 558,010 — 3,130,578 Freddie Mac (FHLMC) MBS 131,282 — 13,405 — 117,877 Ginnie Mae (GNMA) MBS 47,661 — 3,404 — 44,257 Government-sponsored enterprises (GSE) agency notes 226,725 — 48,245 — 178,480 $ 4,679,774 $ — $ 724,856 $ — $ 3,954,918 Held-to-Maturity Debt Securities (1) FNMA MBS $ 892,199 $ — $ 72,297 $ — $ 819,902 State and political subdivisions 187,577 814 2,442 8 185,941 $ 1,079,776 $ 814 $ 74,739 $ 8 $ 1,005,843 (1) Held-to-maturity securities transferred from available-for-sale are included in held-to-maturity at fair value basis at the time of transfer. The amortized cost of transferred held-to-maturity securities included net unrealized losses of $131.5 million at June 30, 2023, which are offset in Accumulated other comprehensive loss . At the time of transfer, there was no allowance for credit loss on the available-for-sale securities. Subsequent to transfer, the securities were evaluated for credit loss. December 31, 2022 (Dollars in thousands) Amortized Cost Gross Gross Allowance for Credit Losses Fair Available-for-Sale Debt Securities CMO $ 608,834 $ — $ 102,454 $ — $ 506,380 FNMA MBS 3,823,036 — 572,778 — 3,250,258 FHLMC MBS 135,554 — 13,555 — 121,999 GNMA MBS 39,116 — 2,978 — 36,138 GSE agency notes 228,010 — 49,725 — 178,285 $ 4,834,550 $ — $ 741,490 $ — $ 4,093,060 Held-to-Maturity Debt Securities (1) FNMA MBS $ 909,498 $ — $ 68,677 $ — $ 840,821 State and political subdivisions 201,631 532 3,372 10 198,781 Foreign bonds 500 2 — — 502 $ 1,111,629 $ 534 $ 72,049 $ 10 $ 1,040,104 (1) Held-to-maturity securities transferred from available-for-sale are included in held-to-maturity at fair value at the time of transfer. The amortized cost of transferred held-to-maturity securities included net unrealized losses of $142.8 million at December 31, 2022, which are offset in Accumulated other comprehensive loss . At the time of transfer, there was no allowance for credit loss on the available-for-sale securities. Subsequent to transfer, the securities were evaluated for credit loss.
Schedule of Debt Securities, Held-to-maturity	The following tables detail the amortized cost, allowance for credit losses and the estimated fair value of the Company's investments in available-for-sale and held-to-maturity debt securities. None of the Company's investments in debt securities are classified as trading. June 30, 2023 (Dollars in thousands) Amortized Cost Gross Gross Allowance for Credit Losses Fair Available-for-Sale Debt Securities Collateralized mortgage obligation (CMO) $ 585,518 $ — $ 101,792 $ — $ 483,726 Fannie Mae (FNMA) mortgage-backed securities (MBS) 3,688,588 — 558,010 — 3,130,578 Freddie Mac (FHLMC) MBS 131,282 — 13,405 — 117,877 Ginnie Mae (GNMA) MBS 47,661 — 3,404 — 44,257 Government-sponsored enterprises (GSE) agency notes 226,725 — 48,245 — 178,480 $ 4,679,774 $ — $ 724,856 $ — $ 3,954,918 Held-to-Maturity Debt Securities (1) FNMA MBS $ 892,199 $ — $ 72,297 $ — $ 819,902 State and political subdivisions 187,577 814 2,442 8 185,941 $ 1,079,776 $ 814 $ 74,739 $ 8 $ 1,005,843 (1) Held-to-maturity securities transferred from available-for-sale are included in held-to-maturity at fair value basis at the time of transfer. The amortized cost of transferred held-to-maturity securities included net unrealized losses of $131.5 million at June 30, 2023, which are offset in Accumulated other comprehensive loss . At the time of transfer, there was no allowance for credit loss on the available-for-sale securities. Subsequent to transfer, the securities were evaluated for credit loss. December 31, 2022 (Dollars in thousands) Amortized Cost Gross Gross Allowance for Credit Losses Fair Available-for-Sale Debt Securities CMO $ 608,834 $ — $ 102,454 $ — $ 506,380 FNMA MBS 3,823,036 — 572,778 — 3,250,258 FHLMC MBS 135,554 — 13,555 — 121,999 GNMA MBS 39,116 — 2,978 — 36,138 GSE agency notes 228,010 — 49,725 — 178,285 $ 4,834,550 $ — $ 741,490 $ — $ 4,093,060 Held-to-Maturity Debt Securities (1) FNMA MBS $ 909,498 $ — $ 68,677 $ — $ 840,821 State and political subdivisions 201,631 532 3,372 10 198,781 Foreign bonds 500 2 — — 502 $ 1,111,629 $ 534 $ 72,049 $ 10 $ 1,040,104 (1) Held-to-maturity securities transferred from available-for-sale are included in held-to-maturity at fair value at the time of transfer. The amortized cost of transferred held-to-maturity securities included net unrealized losses of $142.8 million at December 31, 2022, which are offset in Accumulated other comprehensive loss . At the time of transfer, there was no allowance for credit loss on the available-for-sale securities. Subsequent to transfer, the securities were evaluated for credit loss. Three months ended June 30, Six months ended June 30, (Dollars in thousands) 2023 2022 2023 2022 Allowance for credit losses: Beginning balance $ 9 $ 4 $ 10 $ 4 (Recovery of) provision for credit losses (1) 2 (2) 2 Ending balance $ 8 $ 6 $ 8 $ 6
Schedule of Maturities of Investment Securities Available-for-Sale and Held-to-Maturity	The scheduled maturities of available-for-sale debt securities at June 30, 2023 and December 31, 2022 are presented in the table below: Available-for-Sale Amortized Fair (Dollars in thousands) Cost Value June 30, 2023 (1) Within one year $ 17,445 $ 16,573 After one year but within five years 67,943 63,357 After five years but within ten years 564,061 473,869 After ten years 4,030,325 3,401,119 $ 4,679,774 $ 3,954,918 December 31, 2022 (1) Within one year $ — $ — After one year but within five years 83,014 77,499 After five years but within ten years 465,777 398,607 After ten years 4,285,759 3,616,954 $ 4,834,550 $ 4,093,060 (1) Actual maturities could differ from contractual maturities. The scheduled maturities of held-to-maturity debt securities at June 30, 2023 and December 31, 2022 are presented in the table below: Held-to-Maturity Amortized Fair (Dollars in thousands) Cost Value June 30, 2023 (1) Within one year $ 230 $ 230 After one year but within five years 8,004 7,935 After five years but within ten years 40,366 40,011 After ten years 1,031,176 957,667 $ 1,079,776 $ 1,005,843 December 31, 2022 (1) Within one year $ 731 $ 732 After one year but within five years 9,530 9,476 After five years but within ten years 46,170 45,944 After ten years 1,055,198 983,952 $ 1,111,629 $ 1,040,104 (1) Actual maturities could differ from contractual maturities.
Schedule of Investment Securities' Gross Unrealized Losses and Fair Value by Investment Category	For debt securities in an unrealized loss position, the table below shows the gross unrealized losses and fair value by investment category and length of time that individual debt securities were in a continuous unrealized loss position at June 30, 2023. Duration of Unrealized Loss Position Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Loss Value Loss Value Loss Available-for-sale debt securities: CMO $ 48,553 $ 3,380 $ 435,173 $ 98,412 $ 483,726 $ 101,792 FNMA MBS 276,322 17,425 2,851,590 540,585 3,127,912 558,010 FHLMC MBS 51,254 3,598 66,616 9,807 117,870 13,405 GNMA MBS 23,052 1,214 21,204 2,190 44,256 3,404 GSE agency notes — — 178,480 48,245 178,480 48,245 $ 399,181 $ 25,617 $ 3,553,063 $ 699,239 $ 3,952,244 $ 724,856 For debt securities in an unrealized loss position, the table below shows the gross unrealized losses and fair value by investment category and length of time that individual debt securities were in a continuous unrealized loss position at December 31, 2022. Duration of Unrealized Loss Position Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Value Loss Value Loss Value Loss Available-for-sale debt securities: CMO $ 158,449 $ 13,855 $ 347,931 $ 88,599 $ 506,380 $ 102,454 FNMA MBS 1,237,560 145,752 2,012,698 427,026 3,250,258 572,778 FHLMC MBS 102,321 9,268 19,671 4,287 121,992 13,555 GNMA MBS 32,076 2,265 4,030 713 36,106 2,978 GSE agency notes — — 178,285 49,725 178,285 49,725 $ 1,530,406 $ 171,140 $ 2,562,615 $ 570,350 $ 4,093,021 $ 741,490
Schedule of Held-to-Maturity Credit Quality Indicators	The following table summarizes the amortized cost of debt securities held-to-maturity as of June 30, 2023, aggregated by credit quality indicator: (Dollars in thousands) FNMA MBS State and political subdivisions A+ rated or higher $ — $ 187,577 Not rated 892,199 — Ending balance $ 892,199 $ 187,577 The following table summarizes the amortized cost of debt securities held-to-maturity as of December 31, 2022, aggregated by credit quality indicator: (Dollars in thousands) FNMA MBS State and political subdivisions Foreign bonds A+ rated or higher $ — $ 201,631 $ 500 Not rated 909,498 — — Ending balance $ 909,498 $ 201,631 $ 500

LOANS AND LEASES (Tables)

LOANS AND LEASES (Tables)	6 Months Ended
LOANS AND LEASES (Tables)	Jun. 30, 2023
Receivables [Abstract]
Summary of Loan and Lease Portfolio by Category	The following table shows the Company's loan and lease portfolio by category: (Dollars in thousands) June 30, 2023 December 31, 2022 Commercial and industrial $ 2,623,723 $ 2,575,345 Owner-occupied commercial 1,883,055 1,809,582 Commercial mortgages 3,552,800 3,351,084 Construction 955,224 1,044,049 Commercial small business leases 590,063 558,981 Residential (1) 829,832 761,882 Consumer (2) 1,905,219 1,810,930 12,339,916 11,911,853 Less: Allowance for credit losses 171,869 151,861 Net loans and leases $ 12,168,047 $ 11,759,992 (1) Includes reverse mortgages at fair value of $3.1 million at June 30, 2023 and $2.4 million at December 31, 2022. (2) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans.

ALLOWANCE FOR CREDIT LOSSES A_2

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Schedule of Allowance for Loan Losses and Loan Balances	The following tables provide the activity of allowance for credit losses and loan balances for the three and six months ended June 30, 2023 and 2022. The increase was primarily due to the impacts of the economic uncertainty and forecast and net loan growth. (Dollars in thousands) Commercial and Industrial (1) Owner-occupied Commercial Construction Residential (2) Consumer (3) Total Three months ended June 30, 2023 Allowance for credit losses Beginning balance $ 62,709 $ 6,056 $ 30,114 $ 9,672 $ 5,327 $ 55,284 $ 169,162 Charge-offs (10,359) (184) — — (33) (5,298) (15,874) Recoveries 2,214 31 1 1 113 390 2,750 Provision (credit) 8,219 432 1,822 (445) (364) 6,167 15,831 Ending balance $ 62,783 $ 6,335 $ 31,937 $ 9,228 $ 5,043 $ 56,543 $ 171,869 Six months ended June 30, 2023 Allowance for credit losses Beginning balance $ 59,394 $ 6,019 $ 21,473 $ 6,987 $ 4,668 $ 53,320 $ 151,861 Charge-offs (19,821) (184) — — (33) (9,502) (29,540) Recoveries 3,430 36 3 531 156 549 4,705 Provision 19,780 464 10,461 1,710 252 12,176 44,843 Ending balance $ 62,783 $ 6,335 $ 31,937 $ 9,228 $ 5,043 $ 56,543 $ 171,869 Period-end allowance allocated to: Loans evaluated on an individual basis $ 1,953 $ — $ — $ — $ — $ — $ 1,953 Loans evaluated on a collective basis 60,830 6,335 31,937 9,228 5,043 56,543 169,916 Ending balance $ 62,783 $ 6,335 $ 31,937 $ 9,228 $ 5,043 $ 56,543 $ 171,869 Period-end loan balances: Loans evaluated on an individual basis $ 18,367 $ 3,979 $ 7,515 $ 741 $ 6,491 $ 2,175 $ 39,268 Loans evaluated on a collective basis 3,195,419 1,879,076 3,545,285 954,483 820,259 1,903,044 12,297,566 Ending balance $ 3,213,786 $ 1,883,055 $ 3,552,800 $ 955,224 $ 826,750 $ 1,905,219 $ 12,336,834 (1) Includes commercial small business leases. (2) Period-end loan balance excludes reverse mortgages at fair value of $3.1 million. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. (Dollars in thousands) Commercial and Industrial (1) Owner - Commercial Construction Residential (2) Consumer (3) Total Three months ended June 30, 2022 Allowance for credit losses Beginning balance $ 65,716 $ 6,125 $ 23,105 $ 3,145 $ 4,956 $ 33,283 $ 136,330 Charge-offs (2,549) — — — — (1,418) (3,967) Recoveries 870 141 1 — 144 183 1,339 (Credit) provision (3,116) (756) 557 1,913 (112) 9,782 8,268 Ending balance $ 60,921 $ 5,510 $ 23,663 $ 5,058 $ 4,988 $ 41,830 $ 141,970 Six months ended June 30, 2022 Allowance for loan losses Beginning balance $ 49,967 $ 4,574 $ 11,623 $ 1,903 $ 3,352 $ 23,088 $ 94,507 Initial allowance on acquired PCD loans 22,614 595 2,684 71 61 78 26,103 Charge-offs (6,188) (179) (37) — (186) (2,228) (8,818) Recoveries 1,471 267 122 — 530 549 2,939 (Credit) provision (4) (6,943) 253 9,271 3,084 1,231 20,343 27,239 Ending balance $ 60,921 $ 5,510 $ 23,663 $ 5,058 $ 4,988 $ 41,830 $ 141,970 Period-end allowance allocated to: Loans evaluated on an individual basis $ 5,437 $ — $ — $ — $ — $ — $ 5,437 Loans evaluated on a collective basis 55,484 5,510 23,663 5,058 4,988 41,830 136,533 Ending balance $ 60,921 $ 5,510 $ 23,663 $ 5,058 $ 4,988 $ 41,830 $ 141,970 Period-end loan balances: Loans evaluated on an individual basis $ 29,030 $ 787 $ 7,771 $ 5,392 $ 5,803 $ 2,012 $ 50,795 Loans evaluated on a collective basis 3,078,710 1,822,442 3,313,883 928,932 764,772 1,520,584 11,429,323 Ending balance $ 3,107,740 $ 1,823,229 $ 3,321,654 $ 934,324 $ 770,575 $ 1,522,596 $ 11,480,118 (1) Includes commercial small business leases. (2) Period-end loan balance excludes reverse mortgages at fair value of $2.6 million. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. (4) Includes $23.5 million initial provision for credit losses on non-PCD loans.
Summary of Nonaccrual and Past Due Loans	The following tables show nonaccrual and past due loans presented at amortized cost at the date indicated: June 30, 2023 (Dollars in thousands) 30–89 Days Greater Total Past Accruing Nonaccrual Loans With No Allowance Nonaccrual Total Commercial and industrial (1) $ 8,320 $ 989 $ 9,309 $ 3,186,199 $ 6,017 $ 12,261 $ 3,213,786 Owner-occupied commercial 2,350 — 2,350 1,878,041 2,664 — 1,883,055 Commercial mortgages 5,035 353 5,388 3,541,109 6,303 — 3,552,800 Construction 2,051 — 2,051 952,432 741 — 955,224 Residential (2) 3,176 — 3,176 820,865 2,709 — 826,750 Consumer (3) 14,255 12,229 26,484 1,876,427 2,308 — 1,905,219 Total $ 35,187 $ 13,571 $ 48,758 $ 12,255,073 $ 20,742 $ 12,261 $ 12,336,834 % of Total Loans 0.29 % 0.11 % 0.40 % 99.33 % 0.17 % 0.10 % 100 % (1) Includes commercial small business leases. (2) Residential accruing current balances excludes reverse mortgages at fair value of $3.1 million. (3) Includes $18.2 million of delinquent, but still accruing, U.S. government-guaranteed student loans that carry little risk of credit loss. December 31, 2022 (Dollars in thousands) 30–89 Days Greater Total Past Accruing Nonaccrual Loans (1) Total Commercial and industrial (2) $ 10,767 $ 311 $ 11,078 $ 3,116,478 $ 6,770 $ 3,134,326 Owner-occupied commercial 3,500 474 3,974 1,805,222 386 1,809,582 Commercial mortgages 2,137 237 2,374 3,343,551 5,159 3,351,084 Construction — — — 1,038,906 5,143 1,044,049 Residential (3) 2,563 — 2,563 753,703 3,199 759,465 Consumer (4) 12,263 15,513 27,776 1,781,009 2,145 1,810,930 Total (4) $ 31,230 $ 16,535 $ 47,765 $ 11,838,869 $ 22,802 $ 11,909,436 % of Total Loans 0.26 % 0.14 % 0.40 % 99.41 % 0.19 % 100 % (1) There were no nonaccrual loans with an allowance as of December 31, 2022. (2) Includes commercial small business leases. (3) Residential accruing current balances excludes reverse mortgages, at fair value of $2.4 million. (4) Includes $21.1 million of delinquent, but still accruing, U.S. government-guaranteed student loans that carry little risk of credit loss. June 30, 2023 (Dollars in thousands) 30-89 Days Past Due and Still Accruing 90+ Days Past Due and Still Accruing Accruing Current Balances Nonaccrual Loans Total Commercial and industrial (1) $ — $ — $ 30,301 $ 1,393 $ 31,694 Owner-occupied commercial — — 1,062 144 1,206 Commercial mortgages — — 9,468 — 9,468 Construction — — 3,305 — 3,305 Consumer (2) 358 101 4,997 — 5,456 Total $ 358 $ 101 $ 49,133 $ 1,537 $ 51,129 (1) Includes commercial small business leases. (2) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans.
Schedule Of Collateral Dependent Loans	The following table presents the amortized cost basis of nonaccruing collateral-dependent loans by class at June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 (Dollars in thousands) Property Equipment and other Property Equipment and other Commercial and industrial (1) $ 15,255 $ 3,023 $ 3,848 $ 2,922 Owner-occupied commercial 2,664 — 386 — Commercial mortgages 6,303 — 5,159 — Construction 741 — 5,143 — Residential (2) 2,709 — 3,199 — Consumer (3) 2,308 — 2,145 — Total $ 29,980 $ 3,023 $ 19,880 $ 2,922 (1) Includes commercial small business leases. (2) Excludes reverse mortgages at fair value. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans.
Schedule of Commercial Credit Exposure	The following tables provide an analysis of loans by portfolio segment based on the credit quality indicators used to determine the allowance for credit losses as of June 30, 2023. Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving loans amortized cost basis Revolving loans converted to term Total (Dollars in thousands) Commercial and industrial (1) : Risk Rating Pass $ 497,648 $ 971,490 $ 368,237 $ 310,758 $ 143,004 $ 458,737 $ 8,277 $ 246,341 $ 3,004,492 Special mention 7,658 27,040 3,594 768 601 522 — 2,455 42,638 Substandard or Lower 54,478 18,091 12,112 10,084 36,939 19,883 — 15,069 166,656 $ 559,784 $ 1,016,621 $ 383,943 $ 321,610 $ 180,544 $ 479,142 $ 8,277 $ 263,865 $ 3,213,786 Current-period gross writeoffs $ 82 $ 3,485 $ 5,595 $ 1,184 $ 3,171 $ 6,304 $ — $ — $ 19,821 Owner-occupied commercial: Risk Rating Pass $ 164,939 $ 279,655 $ 294,797 $ 216,730 $ 203,500 $ 411,651 $ — $ 177,666 $ 1,748,938 Special mention 2,929 652 5,436 5,931 8,824 5,747 — 1,209 30,728 Substandard or Lower 8,606 18,378 3,820 8,538 2,872 42,916 — 18,259 103,389 $ 176,474 $ 298,685 $ 304,053 $ 231,199 $ 215,196 $ 460,314 $ — $ 197,134 $ 1,883,055 Current-period gross writeoffs $ — $ — $ — $ — $ 184 $ — $ — $ — $ 184 Commercial mortgages: Risk Rating Pass $ 380,749 $ 509,272 $ 580,119 $ 502,722 $ 519,953 $ 735,252 $ — $ 253,328 $ 3,481,395 Special mention 9,328 — 71 2,438 6,032 5,367 — 301 23,537 Substandard or Lower 9,470 17,042 4,742 10,080 1,614 4,692 — 228 47,868 $ 399,547 $ 526,314 $ 584,932 $ 515,240 $ 527,599 $ 745,311 $ — $ 253,857 $ 3,552,800 Current-period gross writeoffs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction: Risk Rating Pass $ 277,159 $ 378,299 $ 206,930 $ 22,097 $ 2,441 $ 8,118 $ — $ 36,970 $ 932,014 Special mention 13,527 — — — — — — — 13,527 Substandard or Lower — — — 8,942 168 — — 573 9,683 $ 290,686 $ 378,299 $ 206,930 $ 31,039 $ 2,609 $ 8,118 $ — $ 37,543 $ 955,224 Current-period gross writeoffs $ — $ — $ — $ — $ — $ — $ — $ — $ — Residential (2) : Risk Rating Performing $ 104,143 $ 70,167 $ 105,199 $ 58,757 $ 34,406 $ 447,587 $ — $ — $ 820,259 Nonperforming — 171 1,007 492 1,266 3,555 — — 6,491 $ 104,143 $ 70,338 $ 106,206 $ 59,249 $ 35,672 $ 451,142 $ — $ — $ 826,750 Current-period gross writeoffs $ 33 $ — $ — $ — $ — $ — $ — $ — $ 33 Consumer (3) : Risk Rating Performing $ 159,097 $ 629,797 $ 174,387 $ 113,970 $ 49,228 $ 250,979 $ 521,054 $ 4,532 $ 1,903,044 Nonperforming — — — — 43 188 1,626 318 2,175 $ 159,097 $ 629,797 $ 174,387 $ 113,970 $ 49,271 $ 251,167 $ 522,680 $ 4,850 $ 1,905,219 Current-period gross writeoffs $ 482 $ 6,361 $ 2,122 $ 207 $ 99 $ 231 $ — $ — $ 9,502 (1) Includes commercial small business leases. (2) Excludes reverse mortgages at fair value. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. The following tables provide an analysis of loans by portfolio segment based on the credit quality indicators used to determine the allowance for credit losses, as of December 31, 2022. Term Loans Amortized Cost Basis by Origination Year 2022 2021 2020 2019 2018 Prior Revolving loans amortized cost basis Revolving loans converted to term Total (Dollars in thousands) Commercial and industrial (1) : Risk Rating Pass $ 1,123,803 $ 501,761 $ 387,225 $ 211,310 $ 153,713 $ 276,588 $ 8,099 $ 250,486 $ 2,912,985 Special mention 28,672 27,689 7,585 9,451 347 1,010 — 2,596 77,350 Substandard or Lower 32,362 16,162 6,943 37,534 37,133 6,768 — 7,089 143,991 $ 1,184,837 $ 545,612 $ 401,753 $ 258,295 $ 191,193 $ 284,366 $ 8,099 $ 260,171 $ 3,134,326 Owner-occupied commercial: Risk Rating Pass $ 280,898 $ 325,388 $ 258,177 $ 226,717 $ 106,390 $ 363,420 $ — $ 132,942 $ 1,693,932 Special mention 17,376 — — — — 2,166 — 3,351 22,893 Substandard or Lower 2,981 1,500 23,284 4,401 11,864 35,311 — 13,416 92,757 $ 301,255 $ 326,888 $ 281,461 $ 231,118 $ 118,254 $ 400,897 $ — $ 149,709 $ 1,809,582 Commercial mortgages: Risk Rating Pass $ 516,783 $ 600,226 $ 526,312 $ 549,788 $ 276,414 $ 594,024 $ — $ 210,550 $ 3,274,097 Special mention 1,450 75 3,848 6,121 9,596 32,014 — — 53,104 Substandard or Lower 1,861 1,210 12,552 2,909 3,573 1,209 — 569 23,883 $ 520,094 $ 601,511 $ 542,712 $ 558,818 $ 289,583 $ 627,247 $ — $ 211,119 $ 3,351,084 Construction: Risk Rating Pass $ 448,581 $ 299,619 $ 115,667 $ 9,319 $ 26,553 $ 7,539 $ — $ 122,116 $ 1,029,394 Special mention — — — — — — — 581 581 Substandard or Lower — 4,200 8,930 183 — — — 761 14,074 $ 448,581 $ 303,819 $ 124,597 $ 9,502 $ 26,553 $ 7,539 $ — $ 123,458 $ 1,044,049 Residential (2) : Risk Rating Performing $ 64,500 $ 110,508 $ 60,625 $ 36,118 $ 45,859 $ 434,175 $ — $ — $ 751,785 Nonperforming — 729 502 999 1,218 4,232 — — 7,680 $ 64,500 $ 111,237 $ 61,127 $ 37,117 $ 47,077 $ 438,407 $ — $ — $ 759,465 Consumer (3) : Risk Rating Performing $ 595,158 $ 195,397 $ 126,456 $ 54,449 $ 220,039 $ 71,478 $ 540,308 $ 5,232 $ 1,808,517 Nonperforming — — 350 — 479 — 1,255 329 2,413 $ 595,158 $ 195,397 $ 126,806 $ 54,449 $ 220,518 $ 71,478 $ 541,563 $ 5,561 $ 1,810,930 (1) Includes commercial small business leases. (2) Excludes reverse mortgages at fair value. (3) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans.
Schedule of Loans Identified as Troubled Debt Restructurings During Periods Indicated	The following table shows the amortized cost basis at the end of the reporting period of troubled loans, disaggregated by portfolio segment and type of modification granted. June 30, 2023 (Dollars in thousands) Term Extension More-Than-Insignificant Payment Delay Combination- Term Extension and Payment Delay Combination- Term Extension and Interest Rate Reduction Combination - Payment Delay and Interest Rate Reduction Total % of Total Loan Category Commercial and industrial (1) $ 21,530 $ — $ 10,164 $ — $ — $ 31,694 0.99 % Owner-occupied commercial — — 1,062 144 — 1,206 0.06 % Commercial mortgages 9,468 — — — — 9,468 0.27 % Construction 3,305 — — — — 3,305 0.35 % Consumer (2) 888 871 3,344 158 195 5,456 0.29 % Total $ 35,191 $ 871 $ 14,570 $ 302 $ 195 $ 51,129 0.41 % (1) Includes commercial small business leases. (2) Includes home equity lines of credit, installment loans, unsecured lines of credit and education loans. The following table describes the financial effect of the modifications made to troubled loans as of June 30, 2023: Term Extension ( 1) Interest Rate Reduction (2) More-Than-Insignificant Payment Delay (3) Commercial and industrial 1.08 —% 0.08% Owner-occupied commercial 1.29 2.57 0.01 Commercial mortgages 1.33 — — Construction 0.25 — — Consumer 4.35 2.65 0.04 (1) Represents the weighted-average increase in the life of modified loans measured in years, which reduces monthly payment amounts for borrowers. (2) Represents the weighted-average decrease in the contractual interest rate on the modified loans. (3) Represents the percentage of loans deferred over the total loan portfolio excluding reverse mortgages at fair value. The following table presents the balance of TDRs as of the indicated date: (Dollars in thousands) December 31, 2022 Performing TDRs $ 19,737 Nonperforming TDRs 2,006 Total TDRs $ 21,743 The following table presents information regarding the types of loan modifications made for the three and six months ended June 30, 2022: Three months ended June 30, 2022 Six months ended June 30, 2022 Contractual payment reduction and term extension Maturity Date Extension Discharged in bankruptcy Other (1) Total Contractual payment reduction and term extension Maturity Date Extension Discharged in bankruptcy Other (1) Total Commercial and industrial — — — — — 1 — — — 1 Residential — — 1 — 1 1 — 1 — 2 Consumer — 26 1 — 27 1 26 3 1 31 Total — 26 2 — 28 3 26 4 1 34 (1) Other includes interest rate reduction, forbearance, and interest only payments. Three months ended June 30, 2022 Six Months Ended June 30, 2022 (Dollars in thousands) Pre Modification Post Modification Pre Modification Post Modification Commercial $ — $ — $ (19) $ (19) Residential 134 134 139 139 Consumer 281 281 463 463 Total (1)(2) $ 415 $ 415 $ 583 $ 583 (1) During the three and six months ended June 30, 2022 the TDRs set forth in the table above resulted in a less than $0.1 million increase and a $0.2 million increase in the allowance for credit losses, respectively, and no additional charge-offs in either period. During the three and six months ended June 30, 2022, no TDRs defaulted that had received troubled debt modification during the past twelve months. (2) The TDRs set forth in the table above did not occur as a result of the loan forbearance program under the CARES Act.

LEASES (Tables)

LEASES (Tables)	6 Months Ended
LEASES (Tables)	Jun. 30, 2023
Leases [Abstract]
Schedule of Lease Cost	The components of operating lease cost were as follows: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Operating lease cost (1) $ 4,723 $ 5,039 $ 9,516 $ 10,389 Sublease income (32) (84) (81) (171) Net lease cost $ 4,691 $ 4,954 $ 9,435 $ 10,218 (1) Includes variable lease cost and short-term lease cost.
Summary of Balance Sheet Information	Supplemental information related to operating leases was as follows: (Dollars in thousands) June 30, 2023 December 31, 2022 Right-of-use assets $ 124,734 $ 138,182 Lease liabilities $ 146,882 $ 158,269 Lease term and discount rate Weighted average remaining lease term (in years) 19.56 17.91 Weighted average discount rate 4.71 % 4.25 %
Schedule of Lease Maturities	Maturities of operating lease liabilities were as follows: (Dollars in thousands) June 30, 2023 Remaining in 2023 $ 8,213 2024 14,865 2025 14,832 2026 14,129 2027 12,722 After 2027 188,328 Total lease payments 253,089 Less: Interest (106,207) Present value of lease liabilities $ 146,882
Summary of Supplemental Cash Flow Information	Supplemental cash flow information related to operating leases was as follows: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 5,134 $ 5,063 $ 10,194 $ 10,714 Right of use assets obtained in exchange for new operating lease liabilities (non-cash) — — — 13,707
Schedule of Direct Financing Leases	The components of direct finance lease income are summarized in the table below: Three months ended Six months ended (Dollars in thousands) June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Direct financing leases: Interest income on lease receivable $ 13,136 $ 10,326 $ 25,518 $ 20,063 Interest income on deferred fees and costs, net (1,450) (953) (2,836) (1,497) Total direct financing lease net interest income $ 11,686 $ 9,373 $ 22,682 $ 18,566 Equipment leasing receivables relate to direct financing leases. The composition of the net investment in direct financing leases was as follows: (Dollars in thousands) June 30, 2023 December 31, 2022 Lease receivables $ 683,530 $ 642,369 Unearned income (107,588) (95,683) Deferred fees and costs 14,121 12,295 Net investment in direct financing leases $ 590,063 $ 558,981

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	6 Months Ended
GOODWILL AND INTANGIBLE ASSETS (Tables)	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Allocation of Goodwill to Our Reportable Operating Segments for Purposes of Goodwill Impairment Testing	The following table shows the allocation of goodwill to the reportable operating segments for purposes of goodwill impairment testing: (Dollars in thousands) WSFS Cash Connect ® Wealth Consolidated December 31, 2022 $ 753,586 $ — $ 130,051 $ 883,637 Goodwill adjustments — — — — June 30, 2023 $ 753,586 $ — $ 130,051 $ 883,637
Summary of Finite-Lived Intangible Assets	The following table summarizes the Company's intangible assets: (Dollars in thousands) Gross Accumulated Net Amortization Period June 30, 2023 Core deposits $ 104,751 $ (45,602) $ 59,149 10 years Customer relationships 68,281 (15,467) 52,814 7-15 years Loan servicing rights (1) 11,593 (5,815) 5,778 10-25 years Tradename 2,900 — 2,900 indefinite Total intangible assets $ 187,525 $ (66,884) $ 120,641 December 31, 2022 Core deposits $ 104,751 $ (40,443) $ 64,308 10 years Customer relationships 68,281 (12,937) 55,344 7-15 years Loan servicing rights (2) 11,118 (5,075) 6,043 10-25 years Tradename 2,900 — 2,900 indefinite Non-compete agreements 200 (200) — 1 year Total intangible assets $ 187,250 $ (58,655) $ 128,595 (1) Includes impairment losses of $0.2 million for both the three and six months ended June 30, 2023. (2) Includes impairment losses of $0.3 million for the year ended December 31, 2022
Schedule of Indefinite-Lived Intangible Assets	The following table summarizes the Company's intangible assets: (Dollars in thousands) Gross Accumulated Net Amortization Period June 30, 2023 Core deposits $ 104,751 $ (45,602) $ 59,149 10 years Customer relationships 68,281 (15,467) 52,814 7-15 years Loan servicing rights (1) 11,593 (5,815) 5,778 10-25 years Tradename 2,900 — 2,900 indefinite Total intangible assets $ 187,525 $ (66,884) $ 120,641 December 31, 2022 Core deposits $ 104,751 $ (40,443) $ 64,308 10 years Customer relationships 68,281 (12,937) 55,344 7-15 years Loan servicing rights (2) 11,118 (5,075) 6,043 10-25 years Tradename 2,900 — 2,900 indefinite Non-compete agreements 200 (200) — 1 year Total intangible assets $ 187,250 $ (58,655) $ 128,595 (1) Includes impairment losses of $0.2 million for both the three and six months ended June 30, 2023. (2) Includes impairment losses of $0.3 million for the year ended December 31, 2022
Schedule of Estimated Amortization Expense of Intangibles	The following table presents the estimated future amortization expense on definite life intangible assets: (Dollars in thousands) June 30, 2023 Remaining in 2023 $ 8,272 2024 16,351 2025 16,016 2026 15,348 2027 14,920 Thereafter 46,834 Total $ 117,741

DEPOSITS (Tables)

DEPOSITS (Tables)	6 Months Ended
DEPOSITS (Tables)	Jun. 30, 2023
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
Deposits By Category	The following table shows deposits by category: (Dollars in thousands) June 30, 2023 December 31, 2022 Noninterest-bearing: Noninterest demand $ 5,462,461 $ 5,739,647 Total noninterest-bearing $ 5,462,461 $ 5,739,647 Interest-bearing: Interest-bearing demand $ 2,969,189 $ 3,346,682 Savings 1,814,508 2,161,858 Money market 4,375,142 3,730,778 Customer time deposits 1,639,221 1,102,013 Brokered deposits 167,435 122,591 Total interest-bearing 10,965,495 10,463,922 Total deposits $ 16,427,956 $ 16,203,569

FAIR VALUE DISCLOSURES OF FIN_2

FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Financial Instruments Carried at Fair Value	The following tables present financial instruments carried at fair value as of June 30, 2023 and December 31, 2022 by level in the valuation hierarchy (as described above): June 30, 2023 (Dollars in thousands) Quoted Significant Significant Total Fair Assets measured at fair value on a recurring basis: Available-for-sale securities: CMO $ — $ 483,726 $ — $ 483,726 FNMA MBS — 3,130,578 — 3,130,578 FHLMC MBS — 117,877 — 117,877 GNMA MBS — 44,257 — 44,257 GSE agency notes — 178,480 — 178,480 Other assets — 151,882 60 151,942 Total assets measured at fair value on a recurring basis $ — $ 4,106,800 $ 60 $ 4,106,860 Liabilities measured at fair value on a recurring basis: Other liabilities $ — $ 148,184 $ 15,671 $ 163,855 Assets measured at fair value on a nonrecurring basis: Other investments $ — $ — $ 24,560 $ 24,560 Other real estate owned — — 527 527 Loans held for sale — 43,065 — 43,065 Total assets measured at fair value on a nonrecurring basis $ — $ 43,065 $ 25,087 $ 68,152 December 31, 2022 (Dollars in thousands) Quoted Significant Significant Total Fair Assets measured at fair value on a recurring basis: Available-for-sale securities: CMO $ — $ 506,380 $ — $ 506,380 FNMA MBS — 3,250,258 — 3,250,258 FHLMC MBS — 121,999 — 121,999 GNMA MBS — 36,138 — 36,138 GSE agency notes — 178,285 — 178,285 Other assets — 156,912 81 156,993 Total assets measured at fair value on a recurring basis $ — $ 4,249,972 $ 81 $ 4,250,053 Liabilities measured at fair value on a recurring basis: Other liabilities $ — $ 156,520 $ 17,102 $ 173,622 Assets measured at fair value on a nonrecurring basis Other investments $ — $ — $ 26,120 $ 26,120 Other real estate owned — — 833 833 Loans held for sale — 42,985 — 42,985 Total assets measured at fair value on a nonrecurring basis $ — $ 42,985 $ 26,953 $ 69,938
Schedule of Fair Value Measurement Inputs and Valuation Techniques	The following table provides a description of the valuation techniques and significant unobservable inputs for the Company's financial instruments classified as Level 3: (Dollars in thousands) June 30, 2023 Financial Instrument Fair Value Valuation Technique(s) Unobservable Input Range Other investments $ 24,560 Observed market comparable transactions Period of observed transactions May 2022 Other real estate owned 527 Fair market value of collateral Costs to sell 10.0% Other assets (Risk participation agreements purchased) 60 Credit Value Adjustment CDS Spread and Loss Given Default (LGD) CDS spread: 110 - 250 bps (197 bps) LGD: –% - 30% (30%) Other liabilities (Risk participation agreements sold) 3 Credit Value Adjustment CDS Spread and Loss Given Default (LGD) CDS spread: 1 - 250 bps (93 bps) LGD: 30% Other liabilities (Financial derivative related to 15,668 Discounted cash flow Timing of Visa litigation resolution 1.00 - 5.25 years (3.34 years or 4Q 2025)
Book Value and Estimated Fair Value of Financial Instruments	The book value and estimated fair value of the Company's financial instruments are as follows: June 30, 2023 December 31, 2022 (Dollars in thousands) Fair Value Book Value Fair Value Book Value Fair Value Financial assets: Cash, cash equivalents, and restricted cash Level 1 $ 1,115,560 $ 1,115,560 $ 837,258 $ 837,258 Investment securities available-for-sale Level 2 3,954,918 3,954,918 4,093,060 4,093,060 Investment securities held-to-maturity, net Level 2 1,079,768 1,005,843 1,111,619 1,040,104 Other investments Level 3 24,560 24,560 26,120 26,120 Loans, held for sale Level 2 43,065 43,065 42,985 42,985 Loans and leases, net (1) Level 3 12,168,047 12,204,153 11,759,992 11,567,888 Stock in FHLB of Pittsburgh Level 2 9,399 9,399 24,116 24,116 Accrued interest receivable Level 2 77,830 77,830 74,448 74,448 Other assets Levels 2, 3 151,942 151,942 156,993 156,993 Financial liabilities: Deposits Level 2 $ 16,427,956 $ 16,386,841 $ 16,203,569 $ 16,156,124 Borrowed funds Level 2 899,493 883,174 726,894 709,014 Standby letters of credit Level 3 674 674 739 739 Accrued interest payable Level 2 25,718 25,718 5,174 5,174 Other liabilities Levels 2, 3 163,855 163,855 173,622 173,622 (1) Includes reverse mortgage loans.

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Values of Derivative Instruments	The table below presents the fair value of derivative financial instruments as well as their location on the unaudited Consolidated Statements of Financial Condition as of June 30, 2023. Fair Values of Derivative Instruments (Dollars in thousands) Count Notional Balance Sheet Location Derivatives Derivatives designated as hedging instruments: Interest rate products 3 $ 250,000 Other assets $ 3,065 Total $ 250,000 $ 3,065 Derivatives not designated as hedging instruments: Interest rate products $ 2,474,004 Other assets $ 147,976 Interest rate products 2,680,213 Other liabilities (148,099) Interest rate lock commitments with customers 35,326 Other assets 642 Interest rate lock commitments with customers 868 Other liabilities (3) Forward sale commitments 20,250 Other assets 116 Forward sale commitments 18,000 Other liabilities (32) FX forwards 3,060 Other assets 83 FX forwards 2,400 Other liabilities (50) Risk participation agreements sold 101,644 Other liabilities (3) Risk participation agreements purchased 140,544 Other assets 60 Financial derivatives related to 113,177 Other liabilities (15,668) Total derivatives $ 5,839,486 $ (11,913) The table below presents the fair value of derivative financial instruments as well as their location on the unaudited Consolidated Statements of Financial Condition as of December 31, 2022. Fair Values of Derivative Instruments (Dollars in thousands) Notional Balance Sheet Location Derivatives Derivatives not designated as hedging instruments: Interest rate products $ 1,794,678 Other assets $ 156,414 Interest rate products 1,794,678 Other liabilities (156,414) Interest rate lock commitments with customers 24,673 Other assets 385 Interest rate lock commitments with customers 1,179 Other liabilities (7) Forward sale commitments 9,072 Other assets 75 Forward sale commitments 20,719 Other liabilities (54) FX forwards 4,177 Other assets 38 FX forwards 3,052 Other liabilities (45) Risk participation agreements sold 68,459 Other liabilities (2) Risk participation agreements purchased 87,168 Other assets 81 Financial derivatives related to 113,177 Other liabilities (17,100) Total derivatives $ 3,921,032 $ (16,629)
Schedule of Gain (Loss) on Derivative Instruments	The table below presents the effect of the derivative financial instruments on the unaudited Consolidated Statements of Income for the three and six months ended June 30, 2023 and June 30, 2022. Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion) Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion) Location of Gain Reclassified from Accumulated OCI into Income (Effective Portion) (Dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, Derivatives in Cash Flow Hedging Relationships 2023 2022 2023 2022 Interest rate products $ (1,475) $ — $ (1,143) $ 1 Interest income Total $ (1,475) $ — $ (1,143) $ 1 Amount of Gain (Loss) Recognized in Income Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income (Dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, Derivatives not designated as hedging instruments 2023 2022 2023 2022 Interest rate products $ 1,531 $ 3,461 $ 3,971 $ 4,924 Other income Interest rate lock commitments with customers (134) 403 287 (825) Mortgage banking activities, net Forward sale commitments 213 887 66 $ 4,023 Mortgage banking activities, net FX forwards 13 61 28 41 Other income Risk participation agreements (17) (119) (14) (190) Other income Total $ 1,606 $ 4,693 $ 4,338 $ 7,973

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
SEGMENT INFORMATION (Tables)	Jun. 30, 2023
Segment Reporting [Abstract]
Details of Segment Information	The following tables show segment results for the three and six months ended June 30, 2023 and 2022: Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 (Dollars in thousands) WSFS Bank Cash Connect ® Wealth Total WSFS Bank Cash Connect ® Wealth Total Statements of Income External customer revenues: Interest income $ 236,405 $ — $ 5,364 $ 241,769 $ 157,174 $ — $ 2,846 $ 160,020 Noninterest income 14,089 19,992 32,790 66,871 27,423 12,014 32,592 72,029 Total external customer revenues 250,494 19,992 38,154 308,640 184,597 12,014 35,438 232,049 Inter-segment revenues: Interest income 6,725 323 24,948 31,996 2,098 406 8,868 11,372 Noninterest income 7,261 495 94 7,850 6,707 424 161 7,292 Total inter-segment revenues 13,986 818 25,042 39,846 8,805 830 9,029 18,664 Total revenue 264,480 20,810 63,196 348,486 193,402 12,844 44,467 250,713 External customer expenses: Interest expense 53,962 — 5,965 59,927 6,149 — 256 6,405 Noninterest expenses 108,147 14,538 18,568 141,253 108,631 8,188 17,230 134,049 Provision for (recovery of) credit losses 16,328 — (498) 15,830 7,975 — 293 8,268 Total external customer expenses 178,437 14,538 24,035 217,010 122,755 8,188 17,779 148,722 Inter-segment expenses: Interest expense 25,271 3,851 2,874 31,996 9,274 1,207 891 11,372 Noninterest expenses 589 1,484 5,777 7,850 585 1,106 5,601 7,292 Total inter-segment expenses 25,860 5,335 8,651 39,846 9,859 2,313 6,492 18,664 Total expenses 204,297 19,873 32,686 256,856 132,614 10,501 24,271 167,386 Income before taxes $ 60,183 $ 937 $ 30,510 $ 91,630 $ 60,788 $ 2,343 $ 20,196 $ 83,327 Income tax provision 23,035 22,425 Consolidated net income 68,595 60,902 Net (loss) income attributable to noncontrolling interest (83) 162 Net income attributable to WSFS $ 68,678 $ 60,740 Supplemental Information Capital expenditures for the period ended $ 956 $ — $ — $ 956 $ 2,789 $ — $ — $ 2,789 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 (Dollars in thousands) WSFS Bank Cash Connect ® Wealth Total WSFS Bank Cash Connect ® Wealth Total Statements of Income External customer revenues: Interest income $ 457,690 $ — $ 10,462 $ 468,152 $ 298,576 $ — $ 5,581 $ 304,157 Noninterest income 28,239 38,171 63,588 129,998 46,248 22,084 64,271 132,603 Total external customer revenues 485,929 38,171 74,050 598,150 344,824 22,084 69,852 436,760 Inter-segment revenues: Interest income 12,824 718 45,675 59,217 3,150 732 14,207 18,089 Noninterest income 14,161 956 199 15,316 13,197 789 347 14,333 Total inter-segment revenues 26,985 1,674 45,874 74,533 16,347 1,521 14,554 32,422 Total revenue 512,914 39,845 119,924 672,683 361,171 23,605 84,406 469,182 External customer expenses: Interest expense 92,449 — 11,329 103,778 11,552 — 432 11,984 Noninterest expenses 209,096 28,038 37,164 274,298 257,132 15,737 35,637 308,506 Provision for credit losses 44,045 — 796 44,841 27,184 — 55 27,239 Total external customer expenses 345,590 28,038 49,289 422,917 295,868 15,737 36,124 347,729 Inter-segment expenses: Interest expense 46,393 7,410 5,414 59,217 14,939 1,482 1,668 18,089 Noninterest expenses 1,155 2,830 11,331 15,316 1,136 2,251 10,946 14,333 Total inter-segment expenses 47,548 10,240 16,745 74,533 16,075 3,733 12,614 32,422 Total expenses 393,138 38,278 66,034 497,450 311,943 19,470 48,738 380,151 Income before taxes $ 119,776 $ 1,567 $ 53,890 $ 175,233 $ 49,228 $ 4,135 $ 35,668 $ 89,031 Income tax provision 43,976 24,162 Consolidated net income 131,257 64,869 Net income attributable to noncontrolling interest 175 325 Net income attributable to WSFS $ 131,082 $ 64,544 Supplemental Information Capital expenditures for the period ended $ 1,812 $ — $ — $ 1,812 $ 4,436 $ — $ — $ 4,436 The following table shows significant components of segment net assets as of June 30, 2023 and December 31, 2022: June 30, 2023 December 31, 2022 (Dollars in thousands) WSFS Bank Cash Connect ® Wealth Total WSFS Bank Cash Connect ® Wealth Total Statements of Financial Condition Cash and cash equivalents $ 719,817 $ 354,497 $ 41,246 $ 1,115,560 $ 317,022 $ 476,850 $ 43,386 $ 837,258 Goodwill 753,586 — 130,051 883,637 753,586 — 130,051 883,637 Other segment assets 17,999,598 11,556 375,340 18,386,494 17,824,946 10,429 358,485 18,193,860 Total segment assets $ 19,473,001 $ 366,053 $ 546,637 $ 20,385,691 $ 18,895,554 $ 487,279 $ 531,922 $ 19,914,755

CHANGE IN ACCUMULATED OTHER C_2

CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	6 Months Ended
CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	Jun. 30, 2023
Equity [Abstract]
Components of Accumulated Other Comprehensive Loss	Changes to accumulated other comprehensive loss by component are shown, net of taxes, in the following tables for the period indicated: (Dollars in thousands) Net change in Net change Net Net change in fair value of derivatives used for cash flow hedges (1) Net change in equity method investments Total Balance, March 31, 2023 $ (510,523) $ (104,338) $ (4,517) $ 400 $ 563 $ (618,415) Other comprehensive loss (40,367) — (7) (1,475) (101) (41,950) Less: Amounts reclassified from accumulated other comprehensive loss — 4,393 (47) (40) — 4,306 Net current-period other comprehensive loss (40,367) 4,393 (54) (1,515) (101) (37,644) Balance, June 30, 2023 $ (550,890) $ (99,945) $ (4,571) $ (1,115) $ 462 $ (656,059) Balance, March 31, 2022 $ (309,791) $ 147 $ (4,718) $ 229 $ 353 $ (313,780) Other comprehensive (loss) income (2) (85,422) (119,824) (1) — 188 (205,059) Less: Amounts reclassified from accumulated other comprehensive loss — 28 (27) (40) — (39) Net current-period other comprehensive (loss) income (85,422) (119,796) (28) (40) 188 (205,098) Balance, June 30, 2022 $ (395,213) $ (119,649) $ (4,746) $ 189 $ 541 $ (518,878) (1) Cash flow hedges were terminated as of April 1, 2020 (2) Includes $119.8 million, net of tax, of unrealized losses on transferred investment securities from available-for-sale to held-to-maturity. (Dollars in thousands) Net change in Net change Net Net change in fair value of derivatives used for cash flow hedges (1) Net change in equity method investments Total Balance, December 31, 2022 $ (563,533) $ (108,503) $ (4,482) $ 108 $ 566 $ (675,844) Other comprehensive income (loss) 12,643 — 5 (1,143) (104) 11,401 Less: Amounts reclassified from accumulated other comprehensive loss — 8,558 (94) (80) — 8,384 Net current-period other comprehensive income (loss) 12,643 8,558 (89) (1,223) (104) 19,785 Balance, June 30, 2023 $ (550,890) $ (99,945) $ (4,571) $ (1,115) $ 462 $ (656,059) Balance, December 31, 2021 $ (33,873) $ 175 $ (4,691) $ 268 $ 353 $ (37,768) Other comprehensive (loss) income (2) (361,340) (119,768) — 1 188 (480,919) Less: Amounts reclassified from accumulated other comprehensive loss — (56) (55) (80) — (191) Net current-period other comprehensive (loss) income (361,340) (119,824) (55) (79) 188 (481,110) Balance, June 30, 2022 $ (395,213) $ (119,649) $ (4,746) $ 189 $ 541 $ (518,878) (1) Cash flow hedges were terminated as of April 1, 2020 (2) Includes $119.8 million, net of tax, of unrealized losses on transferred investment securities from available-for-sale to held-to-maturity.
Components of Other Comprehensive Income	The unaudited Consolidated Statements of Income were impacted by components of other comprehensive income as shown in the tables below: Three Months Ended June 30, Affected line item in unaudited Consolidated Statements of Income (Dollars in thousands) 2023 2022 Net unrealized holding losses (gains) on securities transferred between available-for-sale and held-to-maturity: Amortization of net unrealized losses (gains) to income during the period 5,779 37 Net interest income Income taxes (1,386) (9) Income tax provision Net of tax 4,393 28 Amortization of defined benefit pension plan-related items: Prior service credits (19) (19) Actuarial (gains) losses (43) (17) Total before tax (62) (36) Salaries, benefits and other compensation Income taxes 15 9 Income tax provision Net of tax (47) (27) Net unrealized gains on terminated cash flow hedges: Amortization of net unrealized gains to income during the period (53) (53) Interest and fees on loans and leases Income taxes 13 13 Income tax provision Net of tax (40) (40) Total reclassifications $ 4,306 $ (39) Six Months Ended June 30, Affected line item in unaudited Consolidated Statements of Operations 2023 2022 Net unrealized holding losses (gains) on securities transferred between available-for-sale and held-to-maturity: Amortization of net unrealized losses (gains) to income during the period 11,260 (74) Net interest income Income taxes (2,702) 18 Income tax provision Net of tax 8,558 (56) Amortization of defined benefit pension plan-related items: Prior service credits (38) (38) Actuarial losses (gains) (86) (34) Total before tax (124) (72) Salaries, benefits and other compensation Income taxes 30 17 Income tax provision Net of tax (94) (55) Net unrealized gains on terminated cash flow hedges: Amortization of net unrealized gains to income during the period (105) (105) Interest and fees on loans and leases Income taxes 25 25 Income tax provision Net of tax (80) (80) Total reclassifications $ 8,384 $ (191)

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details)	Jun. 30, 2023 subsidiary office
Basis Of Presentation [Line Items]
Number of unconsolidated subsidiary \| subsidiary	3
Number of majority-owned subsidiary \| subsidiary	1
Number of banking offices	114
Pennsylvania
Basis Of Presentation [Line Items]
Number of banking offices	59
Delaware
Basis Of Presentation [Line Items]
Number of banking offices	39
New Jersey
Basis Of Presentation [Line Items]
Number of banking offices	14
Virginia
Basis Of Presentation [Line Items]
Number of banking offices	1
Nevada
Basis Of Presentation [Line Items]
Number of banking offices	1
WSFS Financial Corporation
Basis Of Presentation [Line Items]
Number of wholly-owned subsidiaries \| subsidiary	2

NONINTEREST INCOME - Credit_Deb

NONINTEREST INCOME - Credit/Debit Card and ATM Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Total credit/debit card and ATM income
Revenue from External Customer [Line Items]
Noninterest income	$ 14,430	$ 8,772	$ 27,791	$ 16,453
Bailment fees
Revenue from External Customer [Line Items]
Noninterest income	9,385	4,014	18,069	6,799
Interchange fees
Revenue from External Customer [Line Items]
Noninterest income	3,993	3,890	7,879	7,989
Other card and ATM fees
Revenue from External Customer [Line Items]
Noninterest income	$ 1,052	$ 868	$ 1,843	$ 1,665

NONINTEREST INCOME - Investment

NONINTEREST INCOME - Investment Management and Fiduciary Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Investment management and fiduciary income
Revenue from External Customer [Line Items]
Noninterest income	$ 32,379	$ 31,192	$ 62,855	$ 61,373
Trust fees
Revenue from External Customer [Line Items]
Noninterest income	21,936	20,398	42,452	39,488
Wealth management and advisory fees
Revenue from External Customer [Line Items]
Noninterest income	$ 10,443	$ 10,794	$ 20,403	$ 21,885

NONINTEREST INCOME - Deposit Se

NONINTEREST INCOME - Deposit Service Charges (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Deposit service charges
Revenue from External Customer [Line Items]
Deposit service charges	$ 6,277	$ 6,071	$ 12,316	$ 11,896
Service fees
Revenue from External Customer [Line Items]
Deposit service charges	4,315	3,972	8,451	7,856
Return and overdraft fees
Revenue from External Customer [Line Items]
Deposit service charges	1,720	1,896	3,367	3,671
Other deposit service fees
Revenue from External Customer [Line Items]
Deposit service charges	$ 242	$ 203	$ 498	$ 369

NONINTEREST INCOME - Other Inco

NONINTEREST INCOME - Other Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Total other income
Revenue from External Customer [Line Items]
Noninterest income	$ 10,531	$ 15,720	$ 19,782	$ 28,273
Managed service fees
Revenue from External Customer [Line Items]
Noninterest income	5,216	4,387	10,015	8,225
Currency preparation
Revenue from External Customer [Line Items]
Noninterest income	1,342	929	2,624	1,800
ATM loss protection
Revenue from External Customer [Line Items]
Noninterest income	647	674	1,295	1,282
Capital markets revenue
Revenue from External Customer [Line Items]
Noninterest income	1,710	3,437	4,589	4,945
Miscellaneous products and services
Revenue from External Customer [Line Items]
Noninterest income	$ 1,616	$ 6,293	$ 1,259	$ 12,021

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Numerator:
Net income attributable to WSFS	$ 68,678	$ 60,740	$ 131,082	$ 64,544
Net income attributable to WSFS	$ 68,678	$ 60,740	$ 131,082	$ 64,544
Denominator:
Weighted average basic shares (in shares)	61,348,200	64,224,018	61,429,008	64,581,321
Dilutive potential common shares (in shares)	66,000	59,000	97,000	115,000
Weighted average fully diluted shares (in shares)	61,414,273	64,283,288	61,526,331	64,696,053
Earnings per share:
Basic (in dollars per share)	$ 1.12	$ 0.95	$ 2.13	$ 1
Diluted (in dollars per share)	$ 1.12	$ 0.94	$ 2.13	$ 1
Outstanding common stock equivalents having no dilutive effect (in shares)	98,000	51,000	22,000	7,000

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narrative (Details)	3 Months Ended		6 Months Ended
INVESTMENT SECURITIES - Narrative (Details)	Jun. 30, 2023 USD ($) security	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) security	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Schedule of Investments [Line Items]
Trading securities	$ 0		$ 0
Number of available for sale investment securities \| security	963		963
Number of available-for-sale securities unrealized loss position \| security	961		961
Weighted average duration of MBS portfolio			5 years 9 months 18 days
Securities pledged as collateral	$ 3,300,000,000		$ 3,300,000,000		$ 2,800,000,000
Sale of investment securities available-for-sale			0	$ 0
Unamortized premiums	61,700,000		61,700,000		66,600,000
Unaccreted discounts	23,000,000		23,000,000		25,200,000
Allowance for credit losses	0		0		0
Held-to-maturity debt securities with an amortized cost basis	1,100,000,000		1,100,000,000		1,100,000,000
Accrued interest	2,300,000		2,300,000		2,400,000
Debt securities nonaccrual	0		0		0
Past due held-to-maturity debt securities	1,079,776,000		1,079,776,000		1,111,629,000
Fair value	24,600,000		24,600,000		26,100,000
(Loss) gain on sale of equity investments	400,000	$ 6,000,000	1,700,000	6,000,000
Other Income
Schedule of Investments [Line Items]
(Loss) gain on sale of equity investments		$ (1,200,000)		$ (1,600,000)
Past Due
Schedule of Investments [Line Items]
Past due held-to-maturity debt securities	0		0		0
Fannie Mae (FNMA) mortgage-backed securities (MBS)
Schedule of Investments [Line Items]
Allowance for credit losses	0		0		0
Past due held-to-maturity debt securities	$ 892,199,000		$ 892,199,000		$ 909,498,000

INVESTMENT SECURITIES - Schedul

INVESTMENT SECURITIES - Schedule of Amortized Cost and Estimated Fair Value of Available-for-Sale and Held-to-Maturity Investment Securities (Details) - USD ($)	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Available-for-Sale Debt Securities
Amortized Cost	$ 4,679,774,000		$ 4,834,550,000
Gross Unrealized Gain	0		0
Gross Unrealized Loss	724,856,000		741,490,000
Allowance for Credit Losses	0		0
Fair Value	3,954,918,000		4,093,060,000
Held-to-Maturity Debt Securities
Amortized Cost	1,079,776,000		1,111,629,000
Gross Unrealized Gain	814,000		534,000
Gross Unrealized Loss	74,739,000		72,049,000
Allowance for Credit Losses	8,000		10,000
Fair Value	1,005,843,000		1,040,104,000
Available for sale securities transfers to held to maturity unrealized losses	(131,500,000)
Collateralized mortgage obligation (CMO)
Available-for-Sale Debt Securities
Amortized Cost	585,518,000		608,834,000
Gross Unrealized Gain	0		0
Gross Unrealized Loss	101,792,000		102,454,000
Allowance for Credit Losses	0		0
Fair Value	483,726,000		506,380,000
Fannie Mae (FNMA) mortgage-backed securities (MBS)
Available-for-Sale Debt Securities
Amortized Cost	3,688,588,000		3,823,036,000
Gross Unrealized Gain	0		0
Gross Unrealized Loss	558,010,000		572,778,000
Allowance for Credit Losses	0		0
Fair Value	3,130,578,000		3,250,258,000
Held-to-Maturity Debt Securities
Amortized Cost	892,199,000		909,498,000
Gross Unrealized Gain	0		0
Gross Unrealized Loss	72,297,000		68,677,000
Allowance for Credit Losses	0		0
Fair Value	819,902,000		840,821,000
Freddie Mac (FHLMC) MBS
Available-for-Sale Debt Securities
Amortized Cost	131,282,000		135,554,000
Gross Unrealized Gain	0		0
Gross Unrealized Loss	13,405,000		13,555,000
Allowance for Credit Losses	0		0
Fair Value	117,877,000		121,999,000
Ginnie Mae (GNMA) MBS
Available-for-Sale Debt Securities
Amortized Cost	47,661,000		39,116,000
Gross Unrealized Gain	0		0
Gross Unrealized Loss	3,404,000		2,978,000
Allowance for Credit Losses	0		0
Fair Value	44,257,000		36,138,000
Government-sponsored enterprises (GSE) agency notes
Available-for-Sale Debt Securities
Amortized Cost	226,725,000		228,010,000
Gross Unrealized Gain	0		0
Gross Unrealized Loss	48,245,000		49,725,000
Allowance for Credit Losses	0		0
Fair Value	178,480,000		178,285,000
State and political subdivisions
Held-to-Maturity Debt Securities
Amortized Cost	187,577,000		201,631,000
Gross Unrealized Gain	814,000		532,000
Gross Unrealized Loss	2,442,000		3,372,000
Allowance for Credit Losses	8,000	$ 9,000	10,000	$ 6,000	$ 4,000	$ 4,000
Fair Value	$ 185,941,000		198,781,000
Available for sale securities transfers to held to maturity unrealized losses			(142,800,000)
Foreign bonds
Held-to-Maturity Debt Securities
Amortized Cost			500,000
Gross Unrealized Gain			2,000
Gross Unrealized Loss			0
Allowance for Credit Losses			0
Fair Value			$ 502,000

INVESTMENT SECURITIES - Sched_2

INVESTMENT SECURITIES - Schedule of Maturities of Investment Securities Available-for-Sale and Held-to-Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Available for Sale, Amortized Cost
Within one year	$ 17,445	$ 0
After one year but within five years	67,943	83,014
After five years but within ten years	564,061	465,777
After ten years	4,030,325	4,285,759
Amortized Cost	4,679,774	4,834,550
Available for Sale, Fair Value
Within one year	16,573	0
After one year but within five years	63,357	77,499
After five years but within ten years	473,869	398,607
After ten years	3,401,119	3,616,954
Available-for-sale, fair value total	3,954,918	4,093,060
Held to Maturity, Amortized Cost
Within one year	230	731
After one year but within five years	8,004	9,530
After five years but within ten years	40,366	46,170
After ten years	1,031,176	1,055,198
Investment securities held-to-maturity, net	1,079,776	1,111,629
Held to Maturity, Fair Value
Within one year	230	732
After one year but within five years	7,935	9,476
After five years but within ten years	40,011	45,944
After ten years	957,667	983,952
Held-to-maturity, fair value total	$ 1,005,843	$ 1,040,104

INVESTMENT SECURITIES - Sched_3

INVESTMENT SECURITIES - Schedule of Investment Securities' Gross Unrealized Losses and Fair Value by Investment Category (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Available-for-sale debt securities:
Available-for-sale debt securities, Less than 12 months, Fair value	$ 399,181	$ 1,530,406
Available-for-sale debt securities, Less than 12 months, Unrealized loss	25,617	171,140
Available-for-sale debt securities, 12 months or longer, Fair value	3,553,063	2,562,615
Available-for-sale debt securities, 12 months or longer, Unrealized loss	699,239	570,350
Available-for-sale debt securities, Total, Fair value	3,952,244	4,093,021
Available-for-sale debt securities, Total, Unrealized loss	724,856	741,490
CMO
Available-for-sale debt securities:
Available-for-sale debt securities, Less than 12 months, Fair value	48,553	158,449
Available-for-sale debt securities, Less than 12 months, Unrealized loss	3,380	13,855
Available-for-sale debt securities, 12 months or longer, Fair value	435,173	347,931
Available-for-sale debt securities, 12 months or longer, Unrealized loss	98,412	88,599
Available-for-sale debt securities, Total, Fair value	483,726	506,380
Available-for-sale debt securities, Total, Unrealized loss	101,792	102,454
FNMA MBS
Available-for-sale debt securities:
Available-for-sale debt securities, Less than 12 months, Fair value	276,322	1,237,560
Available-for-sale debt securities, Less than 12 months, Unrealized loss	17,425	145,752
Available-for-sale debt securities, 12 months or longer, Fair value	2,851,590	2,012,698
Available-for-sale debt securities, 12 months or longer, Unrealized loss	540,585	427,026
Available-for-sale debt securities, Total, Fair value	3,127,912	3,250,258
Available-for-sale debt securities, Total, Unrealized loss	558,010	572,778
FHLMC MBS
Available-for-sale debt securities:
Available-for-sale debt securities, Less than 12 months, Fair value	51,254	102,321
Available-for-sale debt securities, Less than 12 months, Unrealized loss	3,598	9,268
Available-for-sale debt securities, 12 months or longer, Fair value	66,616	19,671
Available-for-sale debt securities, 12 months or longer, Unrealized loss	9,807	4,287
Available-for-sale debt securities, Total, Fair value	117,870	121,992
Available-for-sale debt securities, Total, Unrealized loss	13,405	13,555
GNMA MBS
Available-for-sale debt securities:
Available-for-sale debt securities, Less than 12 months, Fair value	23,052	32,076
Available-for-sale debt securities, Less than 12 months, Unrealized loss	1,214	2,265
Available-for-sale debt securities, 12 months or longer, Fair value	21,204	4,030
Available-for-sale debt securities, 12 months or longer, Unrealized loss	2,190	713
Available-for-sale debt securities, Total, Fair value	44,256	36,106
Available-for-sale debt securities, Total, Unrealized loss	3,404	2,978
GSE agency notes
Available-for-sale debt securities:
Available-for-sale debt securities, Less than 12 months, Fair value	0	0
Available-for-sale debt securities, Less than 12 months, Unrealized loss	0	0
Available-for-sale debt securities, 12 months or longer, Fair value	178,480	178,285
Available-for-sale debt securities, 12 months or longer, Unrealized loss	48,245	49,725
Available-for-sale debt securities, Total, Fair value	178,480	178,285
Available-for-sale debt securities, Total, Unrealized loss	$ 48,245	$ 49,725

INVESTMENT SECURITIES - Sched_4

INVESTMENT SECURITIES - Schedule of Held To Maturity Credit Quality Indicator (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities	$ 1,079,776	$ 1,111,629
FNMA MBS
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities	892,199	909,498
FNMA MBS \| A+ rated or higher
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities	0	0
FNMA MBS \| Not rated
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities	892,199	909,498
State and political subdivisions
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities	187,577	201,631
State and political subdivisions \| A+ rated or higher
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities	187,577	201,631
State and political subdivisions \| Not rated
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities	$ 0	0
Foreign bonds
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities		500
Foreign bonds \| A+ rated or higher
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities		500
Foreign bonds \| Not rated
Debt Securities, Held-to-maturity, Credit Quality Indicator [Line Items]
Past due held-to-maturity debt securities		$ 0

INVESTMENT SECURITIES - Sched_5

INVESTMENT SECURITIES - Schedule of Held-to-maturity, Allowance for Credit Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Allowance for credit losses:
Beginning balance			$ 10
Ending balance	$ 8		8
State and political subdivisions
Allowance for credit losses:
Beginning balance	9	$ 4	10	$ 4
(Recovery of) provision for credit losses	(1)	2	(2)	2
Ending balance	$ 8	$ 6	$ 8	$ 6

LOANS AND LEASES - Summary of L

LOANS AND LEASES - Summary of Loan and Lease Portfolio by Category (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	$ 171,869	$ 169,162	$ 151,861	$ 141,970	$ 136,330	$ 94,507
Net loans and leases	12,168,047		11,759,992
Reverse mortgage, fair value	3,100		2,400	2,600
Financing Receivable Portfolio Segment, Including Reverse Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	12,339,916		11,911,853
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	829,832		761,882
Allowance for credit losses	5,043	5,327	4,668	4,988	4,956	3,352
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,905,219		1,810,930
Allowance for credit losses	56,543	55,284	53,320	41,830	33,283	23,088
Commercial and industrial \| Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,623,723		2,575,345
Allowance for credit losses	62,783	62,709	59,394	60,921	65,716	49,967
Owner-occupied commercial \| Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,883,055		1,809,582
Allowance for credit losses	6,335	6,056	6,019	5,510	6,125	4,574
Commercial mortgages \| Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	3,552,800		3,351,084
Allowance for credit losses	31,937	30,114	21,473	23,663	23,105	11,623
Construction \| Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	955,224		1,044,049
Allowance for credit losses	9,228	$ 9,672	6,987	$ 5,058	$ 3,145	$ 1,903
Commercial small business leases \| Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 590,063		$ 558,981

LOANS AND LEASES - Narrative (D

LOANS AND LEASES - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Loans Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest receivable on loans and leases	$ 62	$ 59.3

ALLOWANCE FOR CREDIT LOSSES A_3

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Allowance for Loan Losses and Loan Balances (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Allowance for credit losses
Beginning balance	$ 169,162	$ 136,330	$ 151,861	$ 94,507
Initial allowance on acquired PCD loans				26,103
Charge-offs	(15,874)	(3,967)	(29,540)	(8,818)
Recoveries	2,750	1,339	4,705	2,939
Provision (credit)	15,831	8,268	44,843	27,239
Ending balance	171,869	141,970	171,869	141,970
Period-end allowance allocated to:
Loans evaluated on an individual basis	1,953	5,437	1,953	5,437
Loans evaluated on a collective basis	169,916	136,533	169,916	136,533
Period-end loan balances:
Loans evaluated on an individual basis	39,268	50,795	39,268	50,795
Loans evaluated on a collective basis	12,297,566	11,429,323	12,297,566	11,429,323
Gross loans	12,336,834	11,480,118	12,336,834	11,480,118	$ 11,909,436
Reverse mortgage, fair value	3,100	2,600	3,100	2,600	2,400
BMBC
Period-end loan balances:
Loans purchased with no credit deterioration				23,500
Commercial \| Commercial and industrial
Allowance for credit losses
Beginning balance	62,709	65,716	59,394	49,967
Initial allowance on acquired PCD loans				22,614
Charge-offs	(10,359)	(2,549)	(19,821)	(6,188)
Recoveries	2,214	870	3,430	1,471
Provision (credit)	8,219	(3,116)	19,780	(6,943)
Ending balance	62,783	60,921	62,783	60,921
Period-end allowance allocated to:
Loans evaluated on an individual basis	1,953	5,437	1,953	5,437
Loans evaluated on a collective basis	60,830	55,484	60,830	55,484
Period-end loan balances:
Loans evaluated on an individual basis	18,367	29,030	18,367	29,030
Loans evaluated on a collective basis	3,195,419	3,078,710	3,195,419	3,078,710
Gross loans	3,213,786	3,107,740	3,213,786	3,107,740	3,134,326
Commercial \| Owner-occupied commercial
Allowance for credit losses
Beginning balance	6,056	6,125	6,019	4,574
Initial allowance on acquired PCD loans				595
Charge-offs	(184)	0	(184)	(179)
Recoveries	31	141	36	267
Provision (credit)	432	(756)	464	253
Ending balance	6,335	5,510	6,335	5,510
Period-end allowance allocated to:
Loans evaluated on an individual basis	0	0	0	0
Loans evaluated on a collective basis	6,335	5,510	6,335	5,510
Period-end loan balances:
Loans evaluated on an individual basis	3,979	787	3,979	787
Loans evaluated on a collective basis	1,879,076	1,822,442	1,879,076	1,822,442
Gross loans	1,883,055	1,823,229	1,883,055	1,823,229	1,809,582
Commercial \| Commercial mortgages
Allowance for credit losses
Beginning balance	30,114	23,105	21,473	11,623
Initial allowance on acquired PCD loans				2,684
Charge-offs	0	0	0	(37)
Recoveries	1	1	3	122
Provision (credit)	1,822	557	10,461	9,271
Ending balance	31,937	23,663	31,937	23,663
Period-end allowance allocated to:
Loans evaluated on an individual basis	0	0	0	0
Loans evaluated on a collective basis	31,937	23,663	31,937	23,663
Period-end loan balances:
Loans evaluated on an individual basis	7,515	7,771	7,515	7,771
Loans evaluated on a collective basis	3,545,285	3,313,883	3,545,285	3,313,883
Gross loans	3,552,800	3,321,654	3,552,800	3,321,654	3,351,084
Commercial \| Construction
Allowance for credit losses
Beginning balance	9,672	3,145	6,987	1,903
Initial allowance on acquired PCD loans				71
Charge-offs	0	0	0	0
Recoveries	1	0	531	0
Provision (credit)	(445)	1,913	1,710	3,084
Ending balance	9,228	5,058	9,228	5,058
Period-end allowance allocated to:
Loans evaluated on an individual basis	0	0	0	0
Loans evaluated on a collective basis	9,228	5,058	9,228	5,058
Period-end loan balances:
Loans evaluated on an individual basis	741	5,392	741	5,392
Loans evaluated on a collective basis	954,483	928,932	954,483	928,932
Gross loans	955,224	934,324	955,224	934,324	1,044,049
Residential
Allowance for credit losses
Beginning balance	5,327	4,956	4,668	3,352
Initial allowance on acquired PCD loans				61
Charge-offs	(33)	0	(33)	(186)
Recoveries	113	144	156	530
Provision (credit)	(364)	(112)	252	1,231
Ending balance	5,043	4,988	5,043	4,988
Period-end allowance allocated to:
Loans evaluated on an individual basis	0	0	0	0
Loans evaluated on a collective basis	5,043	4,988	5,043	4,988
Period-end loan balances:
Loans evaluated on an individual basis	6,491	5,803	6,491	5,803
Loans evaluated on a collective basis	820,259	764,772	820,259	764,772
Gross loans	826,750	770,575	826,750	770,575	759,465
Consumer
Allowance for credit losses
Beginning balance	55,284	33,283	53,320	23,088
Initial allowance on acquired PCD loans				78
Charge-offs	(5,298)	(1,418)	(9,502)	(2,228)
Recoveries	390	183	549	549
Provision (credit)	6,167	9,782	12,176	20,343
Ending balance	56,543	41,830	56,543	41,830
Period-end allowance allocated to:
Loans evaluated on an individual basis	0	0	0	0
Loans evaluated on a collective basis	56,543	41,830	56,543	41,830
Period-end loan balances:
Loans evaluated on an individual basis	2,175	2,012	2,175	2,012
Loans evaluated on a collective basis	1,903,044	1,520,584	1,903,044	1,520,584
Gross loans	$ 1,905,219	$ 1,522,596	$ 1,905,219	$ 1,522,596	$ 1,810,930

ALLOWANCE FOR CREDIT LOSSES A_4

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Summary of Nonaccrual and Past Due Loans (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Financing Receivable, Past Due [Line Items]
Nonaccrual Loans With No Allowance	$ 20,742,000	$ 22,802,000
Nonaccrual Loans With An Allowance	12,261,000	0
Gross loans	$ 12,336,834,000	$ 11,909,436,000	$ 11,480,118,000
Percent of nonaccrual loans with no allowance	0.17%	0.19%
Percent of nonaccrual loans with allowance	0.10%
% of Total Loans	100%	100%
Reverse mortgage, fair value	$ 3,100,000	$ 2,400,000	2,600,000
Total Past Due And Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	$ 48,758,000	$ 47,765,000
Percent past due	0.40%	0.40%
30–89 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	$ 35,187,000	$ 31,230,000
Percent past due	0.29%	0.26%
Greater Than 90 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	$ 13,571,000	$ 16,535,000
Percent past due	0.11%	0.14%
Accruing Current Balances
Financing Receivable, Past Due [Line Items]
Total Loans	$ 12,255,073,000	$ 11,838,869,000
Percent of accruing current balances	99.33%	99.41%
Residential
Financing Receivable, Past Due [Line Items]
Total Loans	$ 829,832,000	$ 761,882,000
Nonaccrual Loans With No Allowance	2,709,000	3,199,000
Nonaccrual Loans With An Allowance	0
Gross loans	826,750,000	759,465,000	770,575,000
Residential \| Total Past Due And Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	3,176,000	2,563,000
Residential \| 30–89 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	3,176,000	2,563,000
Residential \| Greater Than 90 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	0	0
Residential \| Accruing Current Balances
Financing Receivable, Past Due [Line Items]
Total Loans	820,865,000	753,703,000
Consumer
Financing Receivable, Past Due [Line Items]
Total Loans	1,905,219,000	1,810,930,000
Nonaccrual Loans With No Allowance	2,308,000	2,145,000
Nonaccrual Loans With An Allowance	0
Gross loans	1,905,219,000	1,810,930,000	1,522,596,000
Consumer \| Total Past Due And Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	26,484,000	27,776,000
Consumer \| 30–89 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	14,255,000	12,263,000
Consumer \| Greater Than 90 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	12,229,000	15,513,000
Consumer \| Accruing Current Balances
Financing Receivable, Past Due [Line Items]
Total Loans	1,876,427,000	1,781,009,000
Commercial and industrial \| Commercial
Financing Receivable, Past Due [Line Items]
Total Loans	2,623,723,000	2,575,345,000
Nonaccrual Loans With No Allowance	6,017,000	6,770,000
Nonaccrual Loans With An Allowance	12,261,000
Gross loans	3,213,786,000	3,134,326,000	3,107,740,000
Commercial and industrial \| Commercial \| Total Past Due And Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	9,309,000	11,078,000
Commercial and industrial \| Commercial \| 30–89 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	8,320,000	10,767,000
Commercial and industrial \| Commercial \| Greater Than 90 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	989,000	311,000
Commercial and industrial \| Commercial \| Accruing Current Balances
Financing Receivable, Past Due [Line Items]
Total Loans	3,186,199,000	3,116,478,000
Owner-occupied commercial \| Commercial
Financing Receivable, Past Due [Line Items]
Total Loans	1,883,055,000	1,809,582,000
Nonaccrual Loans With No Allowance	2,664,000	386,000
Nonaccrual Loans With An Allowance	0
Gross loans	1,883,055,000	1,809,582,000	1,823,229,000
Owner-occupied commercial \| Commercial \| Total Past Due And Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	2,350,000	3,974,000
Owner-occupied commercial \| Commercial \| 30–89 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	2,350,000	3,500,000
Owner-occupied commercial \| Commercial \| Greater Than 90 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	0	474,000
Owner-occupied commercial \| Commercial \| Accruing Current Balances
Financing Receivable, Past Due [Line Items]
Total Loans	1,878,041,000	1,805,222,000
Commercial mortgages \| Commercial
Financing Receivable, Past Due [Line Items]
Total Loans	3,552,800,000	3,351,084,000
Nonaccrual Loans With No Allowance	6,303,000	5,159,000
Nonaccrual Loans With An Allowance	0
Gross loans	3,552,800,000	3,351,084,000	3,321,654,000
Commercial mortgages \| Commercial \| Total Past Due And Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	5,388,000	2,374,000
Commercial mortgages \| Commercial \| 30–89 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	5,035,000	2,137,000
Commercial mortgages \| Commercial \| Greater Than 90 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	353,000	237,000
Commercial mortgages \| Commercial \| Accruing Current Balances
Financing Receivable, Past Due [Line Items]
Total Loans	3,541,109,000	3,343,551,000
Construction \| Commercial
Financing Receivable, Past Due [Line Items]
Total Loans	955,224,000	1,044,049,000
Nonaccrual Loans With No Allowance	741,000	5,143,000
Nonaccrual Loans With An Allowance	0
Gross loans	955,224,000	1,044,049,000	$ 934,324,000
Construction \| Commercial \| Total Past Due And Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	2,051,000	0
Construction \| Commercial \| 30–89 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	2,051,000	0
Construction \| Commercial \| Greater Than 90 Days Past Due and Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	0	0
Construction \| Commercial \| Accruing Current Balances
Financing Receivable, Past Due [Line Items]
Total Loans	952,432,000	1,038,906,000
Student loans \| Consumer \| Total Past Due And Still Accruing
Financing Receivable, Past Due [Line Items]
Total Loans	$ 18,200,000	$ 21,100,000

ALLOWANCE FOR CREDIT LOSSES A_5

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Analysis of Collateral Dependent and Impaired Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	$ 29,980	$ 19,880
Equipment and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	3,023	2,922
Commercial \| Commercial and industrial \| Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	15,255	3,848
Commercial \| Commercial and industrial \| Equipment and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	3,023	2,922
Commercial \| Owner-occupied commercial \| Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	2,664	386
Commercial \| Owner-occupied commercial \| Equipment and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	0	0
Commercial \| Commercial mortgages \| Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	6,303	5,159
Commercial \| Commercial mortgages \| Equipment and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	0	0
Commercial \| Construction \| Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	741	5,143
Commercial \| Construction \| Equipment and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	0	0
Residential \| Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	2,709	3,199
Residential \| Equipment and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	0	0
Consumer \| Property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	2,308	2,145
Consumer \| Equipment and other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized cost basis of nonaccruing collateral-dependent loans	$ 0	$ 0

ALLOWANCE FOR CREDIT LOSSES A_6

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) loan	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan workout and other credit costs	$ 536	$ (226)	$ 481	$ 102
Unused commitments to extend credit	3,800		$ 3,800
Troubled debt restructuring related reserves					$ 600
Usual sustained repayment performance period			6 months
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans in the process of foreclosure \| loan			38		45
Total loans outstanding			$ 4,900		$ 6,700
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans in the process of foreclosure \| loan			16		8
Total loans outstanding			$ 3,900		$ 1,600
Commercial \| Commercial and industrial \| Maturity Date Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans payment default			900
Residential and Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan workout and other credit costs	$ 200	$ (100)	$ 300	$ 200
Impairment loans, charge off period			90 days

ALLOWANCE FOR CREDIT LOSSES A_7

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total Loans	$ 12,336,834	$ 11,480,118	$ 12,336,834	$ 11,480,118	$ 11,909,436
Total charge offs	15,874	3,967	29,540	8,818
Commercial \| Commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	559,784		559,784		1,184,837
Year two, originated, fiscal year before current fiscal year	1,016,621		1,016,621		545,612
Year three, originated, two years before current fiscal year	383,943		383,943		401,753
Year four, originated, three years before current fiscal year	321,610		321,610		258,295
Year five, originated, four years before current fiscal year	180,544		180,544		191,193
Prior	479,142		479,142		284,366
Revolving loans amortized cost basis	8,277		8,277		8,099
Revolving loans converted to term	263,865		263,865		260,171
Total Loans	3,213,786	3,107,740	3,213,786	3,107,740	3,134,326
Year one, current fiscal year charge offs			82
Year two, current fiscal year charge offs			3,485
Year three, current fiscal year charge offs			5,595
Year four, current fiscal year charge offs			1,184
Year five, current fiscal year charge offs			3,171
Prior year charge offs			6,304
Revolving loans amortized cost basis charge offs			0
Revolving loans converted to term gross charge offs			0
Total charge offs	10,359	2,549	19,821	6,188
Commercial \| Commercial and industrial \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	497,648		497,648		1,123,803
Year two, originated, fiscal year before current fiscal year	971,490		971,490		501,761
Year three, originated, two years before current fiscal year	368,237		368,237		387,225
Year four, originated, three years before current fiscal year	310,758		310,758		211,310
Year five, originated, four years before current fiscal year	143,004		143,004		153,713
Prior	458,737		458,737		276,588
Revolving loans amortized cost basis	8,277		8,277		8,099
Revolving loans converted to term	246,341		246,341		250,486
Total Loans	3,004,492		3,004,492		2,912,985
Commercial \| Commercial and industrial \| Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	7,658		7,658		28,672
Year two, originated, fiscal year before current fiscal year	27,040		27,040		27,689
Year three, originated, two years before current fiscal year	3,594		3,594		7,585
Year four, originated, three years before current fiscal year	768		768		9,451
Year five, originated, four years before current fiscal year	601		601		347
Prior	522		522		1,010
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	2,455		2,455		2,596
Total Loans	42,638		42,638		77,350
Commercial \| Commercial and industrial \| Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	54,478		54,478		32,362
Year two, originated, fiscal year before current fiscal year	18,091		18,091		16,162
Year three, originated, two years before current fiscal year	12,112		12,112		6,943
Year four, originated, three years before current fiscal year	10,084		10,084		37,534
Year five, originated, four years before current fiscal year	36,939		36,939		37,133
Prior	19,883		19,883		6,768
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	15,069		15,069		7,089
Total Loans	166,656		166,656		143,991
Commercial \| Owner-occupied commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	176,474		176,474		301,255
Year two, originated, fiscal year before current fiscal year	298,685		298,685		326,888
Year three, originated, two years before current fiscal year	304,053		304,053		281,461
Year four, originated, three years before current fiscal year	231,199		231,199		231,118
Year five, originated, four years before current fiscal year	215,196		215,196		118,254
Prior	460,314		460,314		400,897
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	197,134		197,134		149,709
Total Loans	1,883,055	1,823,229	1,883,055	1,823,229	1,809,582
Year one, current fiscal year charge offs			0
Year two, current fiscal year charge offs			0
Year three, current fiscal year charge offs			0
Year four, current fiscal year charge offs			0
Year five, current fiscal year charge offs			184
Prior year charge offs			0
Revolving loans amortized cost basis charge offs			0
Revolving loans converted to term gross charge offs			0
Total charge offs	184	0	184	179
Commercial \| Owner-occupied commercial \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	164,939		164,939		280,898
Year two, originated, fiscal year before current fiscal year	279,655		279,655		325,388
Year three, originated, two years before current fiscal year	294,797		294,797		258,177
Year four, originated, three years before current fiscal year	216,730		216,730		226,717
Year five, originated, four years before current fiscal year	203,500		203,500		106,390
Prior	411,651		411,651		363,420
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	177,666		177,666		132,942
Total Loans	1,748,938		1,748,938		1,693,932
Commercial \| Owner-occupied commercial \| Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	2,929		2,929		17,376
Year two, originated, fiscal year before current fiscal year	652		652		0
Year three, originated, two years before current fiscal year	5,436		5,436		0
Year four, originated, three years before current fiscal year	5,931		5,931		0
Year five, originated, four years before current fiscal year	8,824		8,824		0
Prior	5,747		5,747		2,166
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	1,209		1,209		3,351
Total Loans	30,728		30,728		22,893
Commercial \| Owner-occupied commercial \| Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	8,606		8,606		2,981
Year two, originated, fiscal year before current fiscal year	18,378		18,378		1,500
Year three, originated, two years before current fiscal year	3,820		3,820		23,284
Year four, originated, three years before current fiscal year	8,538		8,538		4,401
Year five, originated, four years before current fiscal year	2,872		2,872		11,864
Prior	42,916		42,916		35,311
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	18,259		18,259		13,416
Total Loans	103,389		103,389		92,757
Commercial \| Commercial mortgages
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	399,547		399,547		520,094
Year two, originated, fiscal year before current fiscal year	526,314		526,314		601,511
Year three, originated, two years before current fiscal year	584,932		584,932		542,712
Year four, originated, three years before current fiscal year	515,240		515,240		558,818
Year five, originated, four years before current fiscal year	527,599		527,599		289,583
Prior	745,311		745,311		627,247
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	253,857		253,857		211,119
Total Loans	3,552,800	3,321,654	3,552,800	3,321,654	3,351,084
Year one, current fiscal year charge offs			0
Year two, current fiscal year charge offs			0
Year three, current fiscal year charge offs			0
Year four, current fiscal year charge offs			0
Year five, current fiscal year charge offs			0
Prior year charge offs			0
Revolving loans amortized cost basis charge offs			0
Revolving loans converted to term gross charge offs			0
Total charge offs	0	0	0	37
Commercial \| Commercial mortgages \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	380,749		380,749		516,783
Year two, originated, fiscal year before current fiscal year	509,272		509,272		600,226
Year three, originated, two years before current fiscal year	580,119		580,119		526,312
Year four, originated, three years before current fiscal year	502,722		502,722		549,788
Year five, originated, four years before current fiscal year	519,953		519,953		276,414
Prior	735,252		735,252		594,024
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	253,328		253,328		210,550
Total Loans	3,481,395		3,481,395		3,274,097
Commercial \| Commercial mortgages \| Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	9,328		9,328		1,450
Year two, originated, fiscal year before current fiscal year	0		0		75
Year three, originated, two years before current fiscal year	71		71		3,848
Year four, originated, three years before current fiscal year	2,438		2,438		6,121
Year five, originated, four years before current fiscal year	6,032		6,032		9,596
Prior	5,367		5,367		32,014
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	301		301		0
Total Loans	23,537		23,537		53,104
Commercial \| Commercial mortgages \| Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	9,470		9,470		1,861
Year two, originated, fiscal year before current fiscal year	17,042		17,042		1,210
Year three, originated, two years before current fiscal year	4,742		4,742		12,552
Year four, originated, three years before current fiscal year	10,080		10,080		2,909
Year five, originated, four years before current fiscal year	1,614		1,614		3,573
Prior	4,692		4,692		1,209
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	228		228		569
Total Loans	47,868		47,868		23,883
Commercial \| Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	290,686		290,686		448,581
Year two, originated, fiscal year before current fiscal year	378,299		378,299		303,819
Year three, originated, two years before current fiscal year	206,930		206,930		124,597
Year four, originated, three years before current fiscal year	31,039		31,039		9,502
Year five, originated, four years before current fiscal year	2,609		2,609		26,553
Prior	8,118		8,118		7,539
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	37,543		37,543		123,458
Total Loans	955,224	934,324	955,224	934,324	1,044,049
Year one, current fiscal year charge offs			0
Year two, current fiscal year charge offs			0
Year three, current fiscal year charge offs			0
Year four, current fiscal year charge offs			0
Year five, current fiscal year charge offs			0
Prior year charge offs			0
Revolving loans amortized cost basis charge offs			0
Revolving loans converted to term gross charge offs			0
Total charge offs	0	0	0	0
Commercial \| Construction \| Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	277,159		277,159		448,581
Year two, originated, fiscal year before current fiscal year	378,299		378,299		299,619
Year three, originated, two years before current fiscal year	206,930		206,930		115,667
Year four, originated, three years before current fiscal year	22,097		22,097		9,319
Year five, originated, four years before current fiscal year	2,441		2,441		26,553
Prior	8,118		8,118		7,539
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	36,970		36,970		122,116
Total Loans	932,014		932,014		1,029,394
Commercial \| Construction \| Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	13,527		13,527		0
Year two, originated, fiscal year before current fiscal year	0		0		0
Year three, originated, two years before current fiscal year	0		0		0
Year four, originated, three years before current fiscal year	0		0		0
Year five, originated, four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	0		0		581
Total Loans	13,527		13,527		581
Commercial \| Construction \| Substandard or Lower
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0		0
Year two, originated, fiscal year before current fiscal year	0		0		4,200
Year three, originated, two years before current fiscal year	0		0		8,930
Year four, originated, three years before current fiscal year	8,942		8,942		183
Year five, originated, four years before current fiscal year	168		168		0
Prior	0		0		0
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	573		573		761
Total Loans	9,683		9,683		14,074
Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	104,143		104,143		64,500
Year two, originated, fiscal year before current fiscal year	70,338		70,338		111,237
Year three, originated, two years before current fiscal year	106,206		106,206		61,127
Year four, originated, three years before current fiscal year	59,249		59,249		37,117
Year five, originated, four years before current fiscal year	35,672		35,672		47,077
Prior	451,142		451,142		438,407
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total Loans	826,750	770,575	826,750	770,575	759,465
Year one, current fiscal year charge offs			33
Year two, current fiscal year charge offs			0
Year three, current fiscal year charge offs			0
Year four, current fiscal year charge offs			0
Year five, current fiscal year charge offs			0
Prior year charge offs			0
Revolving loans amortized cost basis charge offs			0
Revolving loans converted to term gross charge offs			0
Total charge offs	33	0	33	186
Residential \| Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	104,143		104,143		64,500
Year two, originated, fiscal year before current fiscal year	70,167		70,167		110,508
Year three, originated, two years before current fiscal year	105,199		105,199		60,625
Year four, originated, three years before current fiscal year	58,757		58,757		36,118
Year five, originated, four years before current fiscal year	34,406		34,406		45,859
Prior	447,587		447,587		434,175
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total Loans	820,259		820,259		751,785
Residential \| Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0		0
Year two, originated, fiscal year before current fiscal year	171		171		729
Year three, originated, two years before current fiscal year	1,007		1,007		502
Year four, originated, three years before current fiscal year	492		492		999
Year five, originated, four years before current fiscal year	1,266		1,266		1,218
Prior	3,555		3,555		4,232
Revolving loans amortized cost basis	0		0		0
Revolving loans converted to term	0		0		0
Total Loans	6,491		6,491		7,680
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	159,097		159,097		595,158
Year two, originated, fiscal year before current fiscal year	629,797		629,797		195,397
Year three, originated, two years before current fiscal year	174,387		174,387		126,806
Year four, originated, three years before current fiscal year	113,970		113,970		54,449
Year five, originated, four years before current fiscal year	49,271		49,271		220,518
Prior	251,167		251,167		71,478
Revolving loans amortized cost basis	522,680		522,680		541,563
Revolving loans converted to term	4,850		4,850		5,561
Total Loans	1,905,219	1,522,596	1,905,219	1,522,596	1,810,930
Year one, current fiscal year charge offs			482
Year two, current fiscal year charge offs			6,361
Year three, current fiscal year charge offs			2,122
Year four, current fiscal year charge offs			207
Year five, current fiscal year charge offs			99
Prior year charge offs			231
Revolving loans amortized cost basis charge offs			0
Revolving loans converted to term gross charge offs			0
Total charge offs	5,298	$ 1,418	9,502	$ 2,228
Consumer \| Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	159,097		159,097		595,158
Year two, originated, fiscal year before current fiscal year	629,797		629,797		195,397
Year three, originated, two years before current fiscal year	174,387		174,387		126,456
Year four, originated, three years before current fiscal year	113,970		113,970		54,449
Year five, originated, four years before current fiscal year	49,228		49,228		220,039
Prior	250,979		250,979		71,478
Revolving loans amortized cost basis	521,054		521,054		540,308
Revolving loans converted to term	4,532		4,532		5,232
Total Loans	1,903,044		1,903,044		1,808,517
Consumer \| Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated, current fiscal year	0		0		0
Year two, originated, fiscal year before current fiscal year	0		0		0
Year three, originated, two years before current fiscal year	0		0		350
Year four, originated, three years before current fiscal year	0		0		0
Year five, originated, four years before current fiscal year	43		43		479
Prior	188		188		0
Revolving loans amortized cost basis	1,626		1,626		1,255
Revolving loans converted to term	318		318		329
Total Loans	$ 2,175		$ 2,175		$ 2,413

ALLOWANCE FOR CREDIT LOSSES A_8

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Troubled Loans Disaggregated by Portfolio Segment (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 51,129
% of Total Loan Category	0.41%
Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 35,191
More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	871
Combination- Term Extension and Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	14,570
Combination- Term Extension and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	302
Combination - Payment Delay and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	195
Commercial \| Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 31,694
% of Total Loan Category	0.99%
Commercial \| Commercial and industrial \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 21,530
Commercial \| Commercial and industrial \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial and industrial \| Combination- Term Extension and Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	10,164
Commercial \| Commercial and industrial \| Combination- Term Extension and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial and industrial \| Combination - Payment Delay and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Owner-occupied commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 1,206
% of Total Loan Category	0.06%
Commercial \| Owner-occupied commercial \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 0
Commercial \| Owner-occupied commercial \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Owner-occupied commercial \| Combination- Term Extension and Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	1,062
Commercial \| Owner-occupied commercial \| Combination- Term Extension and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	144
Commercial \| Owner-occupied commercial \| Combination - Payment Delay and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 9,468
% of Total Loan Category	0.27%
Commercial \| Commercial mortgages \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 9,468
Commercial \| Commercial mortgages \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial mortgages \| Combination- Term Extension and Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial mortgages \| Combination- Term Extension and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial mortgages \| Combination - Payment Delay and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Construction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 3,305
% of Total Loan Category	0.35%
Commercial \| Construction \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 3,305
Commercial \| Construction \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Construction \| Combination- Term Extension and Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Construction \| Combination- Term Extension and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Construction \| Combination - Payment Delay and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 5,456
% of Total Loan Category	0.29%
Consumer \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 888
Consumer \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	871
Consumer \| Combination- Term Extension and Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	3,344
Consumer \| Combination- Term Extension and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	158
Consumer \| Combination - Payment Delay and Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 195

ALLOWANCE FOR CREDIT LOSSES A_9

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Financial Effect of the Modifications (Details)	6 Months Ended
	Jun. 30, 2023
Commercial \| Commercial and industrial \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	1 year 29 days
Commercial \| Commercial and industrial \| Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Interest Rate Reduction	0%
Commercial \| Commercial and industrial \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
More-Than-Insignificant Payment Delay	0.08%
Commercial \| Owner-occupied commercial \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	1 year 3 months 14 days
Commercial \| Owner-occupied commercial \| Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Interest Rate Reduction	2.57%
Commercial \| Owner-occupied commercial \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
More-Than-Insignificant Payment Delay	0.01%
Commercial \| Commercial mortgages \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	1 year 3 months 29 days
Commercial \| Commercial mortgages \| Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Interest Rate Reduction	0%
Commercial \| Commercial mortgages \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
More-Than-Insignificant Payment Delay	0%
Commercial \| Construction \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	3 months
Commercial \| Construction \| Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Interest Rate Reduction	0%
Commercial \| Construction \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
More-Than-Insignificant Payment Delay	0%
Consumer \| Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension	4 years 4 months 6 days
Consumer \| Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Interest Rate Reduction	2.65%
Consumer \| More-Than-Insignificant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
More-Than-Insignificant Payment Delay	0.04%

ALLOWANCE FOR CREDIT LOSSES _10

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Performance of Loans (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 51,129
30-89 Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	358
90+ Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	101
Accruing Current Balances
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	49,133
Nonaccrual Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	1,537
Commercial \| Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	31,694
Commercial \| Commercial and industrial \| 30-89 Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial and industrial \| 90+ Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial and industrial \| Accruing Current Balances
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	30,301
Commercial \| Commercial and industrial \| Nonaccrual Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	1,393
Commercial \| Owner-occupied commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	1,206
Commercial \| Owner-occupied commercial \| 30-89 Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Owner-occupied commercial \| 90+ Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Owner-occupied commercial \| Accruing Current Balances
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	1,062
Commercial \| Owner-occupied commercial \| Nonaccrual Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	144
Commercial \| Commercial mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	9,468
Commercial \| Commercial mortgages \| 30-89 Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial mortgages \| 90+ Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Commercial mortgages \| Accruing Current Balances
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	9,468
Commercial \| Commercial mortgages \| Nonaccrual Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Construction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	3,305
Commercial \| Construction \| 30-89 Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Construction \| 90+ Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Commercial \| Construction \| Accruing Current Balances
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	3,305
Commercial \| Construction \| Nonaccrual Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	0
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	5,456
Consumer \| 30-89 Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	358
Consumer \| 90+ Days Past Due and Still Accruing
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	101
Consumer \| Accruing Current Balances
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	4,997
Consumer \| Nonaccrual Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 0

ALLOWANCE FOR CREDIT LOSSES _11

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Troubled Debt Restructurings (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Receivables [Abstract]
Performing TDRs	$ 19,737
Nonperforming TDRs	2,006
Total TDRs	$ 21,743

ALLOWANCE FOR CREDIT LOSSES _12

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Types of TDR (Details) - loan	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	28	34
Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	1
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	1	2
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	27	31
Contractual payment reduction and term extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	3
Contractual payment reduction and term extension \| Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	1
Contractual payment reduction and term extension \| Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	1
Contractual payment reduction and term extension \| Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	1
Maturity Date Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	26	26
Maturity Date Extension \| Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	0
Maturity Date Extension \| Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	0
Maturity Date Extension \| Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	26	26
Discharged in bankruptcy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	2	4
Discharged in bankruptcy \| Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	0
Discharged in bankruptcy \| Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	1	1
Discharged in bankruptcy \| Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	1	3
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	1
Other \| Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	0
Other \| Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	0
Other \| Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan modifications	0	1

ALLOWANCE FOR CREDIT LOSSES _13

ALLOWANCE FOR CREDIT LOSSES AND CREDIT QUALITY INFORMATION - Schedule of Loans Identified as Troubled Debt Restructurings During Periods Indicated (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2022 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total loans identified during the period	$ 415,000	$ 583,000
Increase in allowance for loan losses	100,000	200,000
Troubled debt restructurings charged off	$ 0	$ 0
TRD defaulted \| loan	0	0
Commercial \| Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total loans identified during the period	$ 0	$ (19,000)
Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total loans identified during the period	134,000	139,000
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total loans identified during the period	$ 281,000	$ 463,000

LEASES - Narrative (Details)

LEASES - Narrative (Details)	Jun. 30, 2023
Minimum
Lessee, Lease, Description [Line Items]
Lease term (in years)	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease term (in years)	39 years

LEASES - Lease Costs (Details)

LEASES - Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
LEASES - Lease Costs (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Leases [Abstract]
Operating lease cost	$ 4,723	$ 5,039	$ 9,516	$ 10,389
Sublease income	(32)	(84)	(81)	(171)
Net lease cost	$ 4,691	$ 4,954	$ 9,435	$ 10,218

LEASES - Balance Sheet Informat

LEASES - Balance Sheet Information (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Right-of-use assets	$ 124,734	$ 138,182
Lease liabilities	$ 146,882	$ 158,269
Weighted average remaining lease term (in years)	19 years 6 months 21 days	17 years 10 months 28 days
Weighted average discount rate	4.71%	4.25%
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities

LEASES - Maturities (Details)

LEASES - Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Remaining in 2023	$ 8,213
2024	14,865
2025	14,832
2026	14,129
2027	12,722
After 2027	188,328
Total lease payments	253,089
Less: Interest	(106,207)
Present value of lease liabilities	$ 146,882	$ 158,269

LEASES - Supplemental Cash Flow

LEASES - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Leases [Abstract]
Operating cash flows from operating leases	$ 5,134	$ 5,063	$ 10,194	$ 10,714
Right of use assets obtained in exchange for new operating lease liabilities (non-cash)	$ 0	$ 0	$ 0	$ 13,707

LEASES - Direct Financing Lease

LEASES - Direct Financing Leases (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Leases [Abstract]
Interest income on lease receivable	$ 13,136	$ 10,326	$ 25,518	$ 20,063
Interest income on deferred fees and costs, net	(1,450)	(953)	(2,836)	(1,497)
Total direct financing lease net interest income	11,686	$ 9,373	22,682	$ 18,566
Leasing receivables
Lease receivables	683,530		683,530		$ 642,369
Unearned income	(107,588)		(107,588)		(95,683)
Deferred fees and costs	14,121		14,121		12,295
Net investment in direct financing leases	$ 590,063		$ 590,063		$ 558,981
Direct Financing Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]			Interest and fees on loans and leases	Interest and fees on loans and leases

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Impairment losses related to goodwill			$ 0
Amortization expense on other intangible assets			7,689,000	$ 10,605,000
First Mortgage
Finite-Lived Intangible Assets [Line Items]
Value of servicing rights	$ 1,900,000		1,900,000		$ 2,100,000
SBA Loans
Finite-Lived Intangible Assets [Line Items]
Value of servicing rights	3,900,000		3,900,000		4,000,000
Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Amortization expense on other intangible assets	3,800,000	$ 3,900,000	7,700,000	7,900,000
Impairment of other intangible assets			0		0
Loan servicing rights
Finite-Lived Intangible Assets [Line Items]
Impairment loss	$ 200,000	$ 100,000	$ 200,000	$ 100,000	$ 300,000

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Schedule of Allocation of Goodwill to Our Reportable Operating Segments for Purposes of Goodwill Impairment Testing (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Goodwill [Roll Forward]
Goodwill beginning balance	$ 883,637
Goodwill adjustments	0
Goodwill ending balance	883,637
WSFS Bank
Goodwill [Roll Forward]
Goodwill beginning balance	753,586
Goodwill adjustments	0
Goodwill ending balance	753,586
Cash Connect
Goodwill [Roll Forward]
Goodwill beginning balance	0
Goodwill adjustments	0
Goodwill ending balance	0
Wealth Management
Goodwill [Roll Forward]
Goodwill beginning balance	130,051
Goodwill adjustments	0
Goodwill ending balance	$ 130,051

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Summary of Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets					$ 187,250
Accumulated Amortization	$ (66,884)		$ (66,884)		(58,655)
Net Intangible Assets	117,741		117,741		128,595
Indefinite-lived Intangible Assets [Line Items]
Gross Intangible Assets	187,525		187,525
Accumulated Amortization	(66,884)		(66,884)		(58,655)
Net Intangible Assets	120,641		120,641		128,595
Trade Names
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived trademark	2,900		2,900		2,900
Core deposits
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	104,751		104,751		104,751
Accumulated Amortization	(45,602)		(45,602)		(40,443)
Net Intangible Assets	$ 59,149		$ 59,149		$ 64,308
Amortization Period	10 years		10 years		10 years
Indefinite-lived Intangible Assets [Line Items]
Accumulated Amortization	$ (45,602)		$ (45,602)		$ (40,443)
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	68,281		68,281		68,281
Accumulated Amortization	(15,467)		(15,467)		(12,937)
Net Intangible Assets	52,814		52,814		55,344
Indefinite-lived Intangible Assets [Line Items]
Accumulated Amortization	$ (15,467)		$ (15,467)		$ (12,937)
Customer relationships \| Minimum
Finite-Lived Intangible Assets [Line Items]
Amortization Period	7 years		7 years		7 years
Customer relationships \| Maximum
Finite-Lived Intangible Assets [Line Items]
Amortization Period	15 years		15 years		15 years
Loan servicing rights
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	$ 11,593		$ 11,593		$ 11,118
Accumulated Amortization	(5,815)		(5,815)		(5,075)
Net Intangible Assets	5,778		5,778		6,043
Impairment loss	200	$ 100	200	$ 100	300
Indefinite-lived Intangible Assets [Line Items]
Accumulated Amortization	$ (5,815)		$ (5,815)		$ (5,075)
Loan servicing rights \| Minimum
Finite-Lived Intangible Assets [Line Items]
Amortization Period	10 years		10 years		10 years
Loan servicing rights \| Maximum
Finite-Lived Intangible Assets [Line Items]
Amortization Period	25 years		25 years		25 years
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets					$ 200
Accumulated Amortization					(200)
Net Intangible Assets					$ 0
Amortization Period					1 year
Indefinite-lived Intangible Assets [Line Items]
Accumulated Amortization					$ (200)

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS - Schedule of Estimated Amortization Expense of Intangibles (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Remaining in 2023	$ 8,272
2024	16,351
2025	16,016
2026	15,348
2027	14,920
Thereafter	46,834
Net Intangible Assets	$ 117,741	$ 128,595

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Noninterest-bearing:
Noninterest demand	$ 5,462,461	$ 5,739,647
Total noninterest-bearing	5,462,461	5,739,647
Interest-bearing:
Interest-bearing demand	2,969,189	3,346,682
Savings	1,814,508	2,161,858
Money market	4,375,142	3,730,778
Customer time deposits	1,639,221	1,102,013
Brokered deposits	167,435	122,591
Total interest-bearing	10,965,495	10,463,922
Total deposits	$ 16,427,956	$ 16,203,569

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended		6 Months Ended
INCOME TAXES (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Tax Credit Carryforward [Line Items]
Unrecognized tax benefits	$ 0		$ 0
Amortization of low-income housing credit investments reflected as income tax expense	1,400,000	$ 1,200,000	2,700,000	$ 2,400,000
Affordable housing tax benefits			800,000
Carrying value of investment in affordable housing credits	66,300,000		66,300,000		$ 69,000,000
General Business Tax Credit Carryforward
Tax Credit Carryforward [Line Items]
Tax credit	$ 2,400,000		$ 2,400,000

FAIR VALUE DISCLOSURES OF FIN_3

FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES - Schedule of Financial Instruments Carried at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	$ 3,954,918	$ 4,093,060
Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Other assets, fair value	151,942	156,993
Liabilities measured at fair value on a recurring basis:
Other liabilities	163,855	173,622
Assets measured at fair value on a nonrecurring basis:
Total assets measured at fair value	4,106,860	4,250,053
Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Other real estate owned	527	833
Total assets measured at fair value	68,152	69,938
Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Other assets, fair value	0	0
Liabilities measured at fair value on a recurring basis:
Other liabilities	0	0
Assets measured at fair value on a nonrecurring basis:
Total assets measured at fair value	0	0
Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Other real estate owned	0	0
Total assets measured at fair value	0	0
Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Other assets, fair value	151,882	156,912
Liabilities measured at fair value on a recurring basis:
Other liabilities	148,184	156,520
Assets measured at fair value on a nonrecurring basis:
Total assets measured at fair value	4,106,800	4,249,972
Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Other real estate owned	0	0
Total assets measured at fair value	43,065	42,985
Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Other assets, fair value	60	81
Liabilities measured at fair value on a recurring basis:
Other liabilities	15,671	17,102
Assets measured at fair value on a nonrecurring basis:
Total assets measured at fair value	60	81
Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Other real estate owned	527	833
Total assets measured at fair value	25,087	26,953
Other investments \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Other investments	24,560	26,120
Other investments \| Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Other investments	0	0
Other investments \| Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Other investments	0	0
Other investments \| Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Other investments	24,560	26,120
Loans held for sale \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Loans held for sale	43,065	42,985
Loans held for sale \| Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Loans held for sale	0	0
Loans held for sale \| Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Loans held for sale	43,065	42,985
Loans held for sale \| Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Nonrecurring
Assets measured at fair value on a nonrecurring basis:
Loans held for sale	0	0
Collateralized mortgage obligation (CMO)
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	483,726	506,380
Collateralized mortgage obligation (CMO) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	483,726	506,380
Collateralized mortgage obligation (CMO) \| Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Collateralized mortgage obligation (CMO) \| Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	483,726	506,380
Collateralized mortgage obligation (CMO) \| Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Fannie Mae (FNMA) mortgage-backed securities (MBS)
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	3,130,578	3,250,258
Fannie Mae (FNMA) mortgage-backed securities (MBS) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	3,130,578	3,250,258
Fannie Mae (FNMA) mortgage-backed securities (MBS) \| Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Fannie Mae (FNMA) mortgage-backed securities (MBS) \| Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	3,130,578	3,250,258
Fannie Mae (FNMA) mortgage-backed securities (MBS) \| Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Freddie Mac (FHLMC) MBS
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	117,877	121,999
Freddie Mac (FHLMC) MBS \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	117,877	121,999
Freddie Mac (FHLMC) MBS \| Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Freddie Mac (FHLMC) MBS \| Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	117,877	121,999
Freddie Mac (FHLMC) MBS \| Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Ginnie Mae (GNMA) MBS
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	44,257	36,138
Ginnie Mae (GNMA) MBS \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	44,257	36,138
Ginnie Mae (GNMA) MBS \| Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Ginnie Mae (GNMA) MBS \| Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	44,257	36,138
Ginnie Mae (GNMA) MBS \| Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Government-sponsored enterprises (GSE) agency notes
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	178,480	178,285
Government-sponsored enterprises (GSE) agency notes \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	178,480	178,285
Government-sponsored enterprises (GSE) agency notes \| Quoted Prices in Active Markets for Identical Asset (Level 1) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	0	0
Government-sponsored enterprises (GSE) agency notes \| Significant Other Observable Inputs (Level 2) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	178,480	178,285
Government-sponsored enterprises (GSE) agency notes \| Significant Unobservable Inputs (Level 3) \| Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis:
Investment securities available-for-sale	$ 0	$ 0

FAIR VALUE DISCLOSURES OF FIN_4

FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES - Narrative (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Commitments of lending operations	$ 0	$ 0
Swap Guarantee
Derivative [Line Items]
Aggregate fair value of swaps to customers	$ 8,100,000	$ 10,400,000

FAIR VALUE DISCLOSURES OF FIN_5

FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES - Fair Value Measurement Inputs and Valuation Techniques (Details) - Significant Unobservable Inputs (Level 3) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($) $ / shares
Observed market comparable transactions
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other investments \| $	$ 24,560
Fair market value of collateral
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned \| $	$ 527
Fair market value of collateral \| Costs to sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other real estate owned, measurement input	0.100
Credit Value Adjustment
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, fair value \| $	$ 60
Other liabilities, fair value \| $	$ 3
Credit Value Adjustment \| Measurement Input, CDS Spread \| Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, measurement input	0.0110
Other liabilities, measurement input	0.0001
Credit Value Adjustment \| Measurement Input, CDS Spread \| Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, measurement input	0.0250
Other liabilities, measurement input	0.0250
Credit Value Adjustment \| Measurement Input, CDS Spread \| Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, measurement input	0.0197
Other liabilities, measurement input	0.0093
Credit Value Adjustment \| Measurement Input, Loss Given Default
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, measurement input	0.30
Other liabilities, measurement input	0.30
Credit Value Adjustment \| Measurement Input, Loss Given Default \| Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, measurement input	0
Credit Value Adjustment \| Measurement Input, Loss Given Default \| Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets, measurement input	0.30
Discounted cash flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other liabilities, fair value \| $	$ 15,668
Discounted cash flow \| Timing of Visa litigation resolution \| Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other liabilities, measurement input, term	1 year
Discounted cash flow \| Timing of Visa litigation resolution \| Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other liabilities, measurement input, term	5 years 3 months
Discounted cash flow \| Timing of Visa litigation resolution \| Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other liabilities, measurement input, term	3 years 4 months 2 days

FAIR VALUE DISCLOSURES OF FIN_6

FAIR VALUE DISCLOSURES OF FINANCIAL ASSETS AND LIABILITIES - Book Value and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Financial assets:
Investment securities available-for-sale	$ 3,954,918	$ 4,093,060
Stock in FHLB of Pittsburgh	9,399	24,116
Accrued interest receivable	77,830	74,448
Financial liabilities:
Deposits	16,427,956	16,203,569
Accrued interest payable	25,718	5,174
Book Value \| Level 1
Financial assets:
Cash, cash equivalents, and restricted cash	1,115,560	837,258
Book Value \| Level 2
Financial assets:
Investment securities available-for-sale	3,954,918	4,093,060
Investment securities held-to-maturity, net	1,079,768	1,111,619
Loans, held for sale	43,065	42,985
Stock in FHLB of Pittsburgh	9,399	24,116
Accrued interest receivable	77,830	74,448
Financial liabilities:
Deposits	16,427,956	16,203,569
Borrowed funds	899,493	726,894
Accrued interest payable	25,718	5,174
Book Value \| Level 3
Financial assets:
Other investments	24,560	26,120
Loans and leases, net	12,168,047	11,759,992
Financial liabilities:
Standby letters of credit	674	739
Book Value \| Levels 2, 3
Financial assets:
Other assets	151,942	156,993
Financial liabilities:
Other liabilities	163,855	173,622
Fair Value \| Level 1
Financial assets:
Cash, cash equivalents, and restricted cash	1,115,560	837,258
Fair Value \| Level 2
Financial assets:
Investment securities available-for-sale	3,954,918	4,093,060
Investment securities held-to-maturity, net	1,005,843	1,040,104
Loans, held for sale	43,065	42,985
Stock in FHLB of Pittsburgh	9,399	24,116
Accrued interest receivable	77,830	74,448
Financial liabilities:
Deposits	16,386,841	16,156,124
Borrowed funds	883,174	709,014
Accrued interest payable	25,718	5,174
Fair Value \| Level 3
Financial assets:
Other investments	24,560	26,120
Loans and leases, net	12,204,153	11,567,888
Financial liabilities:
Standby letters of credit	674	739
Fair Value \| Levels 2, 3
Financial assets:
Other assets	151,942	156,993
Financial liabilities:
Other liabilities	$ 163,855	$ 173,622

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Fair Value of Derivative Instruments (Details) $ in Thousands	Jun. 30, 2023 USD ($) instrument	Dec. 31, 2022 USD ($)
Designated as Hedging Instrument
Derivative [Line Items]
Notional	$ 250,000
Derivative asset	3,065
Derivatives not designated as hedging instruments
Derivative [Line Items]
Notional	5,839,486	$ 3,921,032
Total derivatives	$ (11,913)	(16,629)
Interest rate products \| Designated as Hedging Instrument
Derivative [Line Items]
Count \| instrument	3
Notional	$ 250,000
Derivative asset	3,065
Interest rate products \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Derivative asset	147,976	156,414
Derivative liability	(148,099)	(156,414)
Interest rate products \| Derivatives not designated as hedging instruments \| Other assets
Derivative [Line Items]
Notional	2,474,004	1,794,678
Interest rate products \| Derivatives not designated as hedging instruments \| Other liabilities
Derivative [Line Items]
Notional	2,680,213	1,794,678
Interest rate lock commitments with customers \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Derivative asset	642	385
Derivative liability	(3)	(7)
Interest rate lock commitments with customers \| Derivatives not designated as hedging instruments \| Other assets
Derivative [Line Items]
Notional	35,326	24,673
Interest rate lock commitments with customers \| Derivatives not designated as hedging instruments \| Other liabilities
Derivative [Line Items]
Notional	868	1,179
Forward sale commitments \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Derivative asset	116	75
Derivative liability	(32)	(54)
Forward sale commitments \| Derivatives not designated as hedging instruments \| Other assets
Derivative [Line Items]
Notional	20,250	9,072
Forward sale commitments \| Derivatives not designated as hedging instruments \| Other liabilities
Derivative [Line Items]
Notional	18,000	20,719
FX forwards \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Derivative asset	83	38
Derivative liability	(50)	(45)
FX forwards \| Derivatives not designated as hedging instruments \| Other assets
Derivative [Line Items]
Notional	3,060	4,177
FX forwards \| Derivatives not designated as hedging instruments \| Other liabilities
Derivative [Line Items]
Notional	2,400	3,052
Risk participation agreements sold \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Derivative liability	(3)	(2)
Risk participation agreements sold \| Derivatives not designated as hedging instruments \| Other liabilities
Derivative [Line Items]
Notional	101,644	68,459
Risk participation agreements purchased \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Derivative asset	60	81
Risk participation agreements purchased \| Derivatives not designated as hedging instruments \| Other assets
Derivative [Line Items]
Notional	140,544	87,168
Financial derivatives related to sales of certain Visa Class B shares \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Derivative liability	(15,668)	(17,100)
Financial derivatives related to sales of certain Visa Class B shares \| Derivatives not designated as hedging instruments \| Other liabilities
Derivative [Line Items]
Notional	$ 113,177	$ 113,177

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Effect of Derivative Instruments on the Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Designated as Hedging Instrument
Derivative [Line Items]
Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)	$ (1,475)	$ 0	$ (1,143)	$ 1
Derivatives not designated as hedging instruments
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income	1,606	4,693	4,338	7,973
Interest rate products \| Designated as Hedging Instrument
Derivative [Line Items]
Amount of (Loss) Gain Recognized in OCI on Derivative (Effective Portion)	(1,475)	0	(1,143)	1
Interest rate products \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income	1,531	3,461	3,971	4,924
Interest rate lock commitments with customers \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income	(134)	403	287	(825)
Forward sale commitments \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income	213	887	66	4,023
FX forwards \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income	13	61	28	41
Risk participation agreements \| Derivatives not designated as hedging instruments
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income	$ (17)	$ (119)	$ (14)	$ (190)

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023 USD ($) institution instrument	Jun. 30, 2023 USD ($) institution instrument	Dec. 31, 2022 USD ($) instrument	Dec. 31, 2020 USD ($) instrument
Derivative [Line Items]
Interest rate cash flow hedge expense reclassified to interest income	$ 100	$ 200
Number of variable-rate to fixed-rate swap transactions \| instrument	197	197	209
Minimum
Derivative [Line Items]
Remaining maturity period	1 year	1 year
Maximum
Derivative [Line Items]
Remaining maturity period	13 years	13 years
Interest rate swap
Derivative [Line Items]
Notional amount	$ 800,000	$ 800,000	$ 800,000
Interest rate cash flow hedge expense reclassified to interest income	100	100
Number of instruments terminated \| instrument				3
Interest rate cash flow hedge increase interest income to be reclassified during next 12 months net (less than)	$ 100	$ 100
Number of variable-rate to fixed-rate swap transactions \| instrument	0	0	0
Swap Guarantee
Derivative [Line Items]
Number of financial institutions \| institution	1	1
Aggregate fair value of swaps to customers	$ 8,100	$ 8,100	$ 10,400
Cash
Derivative [Line Items]
Collateral value against obligations	5,900	5,900
Designated as Hedging Instrument
Derivative [Line Items]
Notional amount	$ 250,000	$ 250,000
Designated as Hedging Instrument \| Interest rate products
Derivative [Line Items]
Count \| instrument	3	3
Purchase of derivatives		$ 4,800
Notional amount	$ 250,000	$ 250,000
Designated as Hedging Instrument \| Interest rate swap
Derivative [Line Items]
Termination value of derivatives				$ 1,300

SEGMENT INFORMATION - Narrative

SEGMENT INFORMATION - Narrative (Details)	6 Months Ended
SEGMENT INFORMATION - Narrative (Details)	Jun. 30, 2023 segment
Segment Reporting [Abstract]
Number of segments	3

SEGMENT INFORMATION - Segment R

SEGMENT INFORMATION - Segment Results (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Interest income	$ 241,769	$ 160,020	$ 468,152	$ 304,157
Noninterest income	66,871	72,029	129,998	132,603
Revenues, Total	348,486	250,713	672,683	469,182
Interest expense	59,927	6,405	103,778	11,984
Noninterest expenses	141,253	134,049	274,298	308,506
Provision for (recovery of) credit losses	15,830	8,268	44,841	27,239
Total expenses	256,856	167,386	497,450	380,151
Income before taxes	91,630	83,327	175,233	89,031
Income tax provision	23,035	22,425	43,976	24,162
Consolidated net income	68,595	60,902	131,257	64,869
Net (loss) income attributable to noncontrolling interest	(83)	162	175	325
Net income attributable to WSFS	68,678	60,740	131,082	64,544
Capital expenditures for the period ended			1,812	4,436
Operating Segments
Segment Reporting Information [Line Items]
Interest income	241,769	160,020	468,152	304,157
Noninterest income	66,871	72,029	129,998	132,603
Revenues, Total	308,640	232,049	598,150	436,760
Interest expense	59,927	6,405	103,778	11,984
Noninterest expenses	141,253	134,049	274,298	308,506
Provision for (recovery of) credit losses	15,830	8,268	44,841	27,239
Total expenses	217,010	148,722	422,917	347,729
Capital expenditures for the period ended	956	2,789	1,812	4,436
Inter-Segment Eliminations
Segment Reporting Information [Line Items]
Interest income	31,996	11,372	59,217	18,089
Noninterest income	7,850	7,292	15,316	14,333
Revenues, Total	39,846	18,664	74,533	32,422
Interest expense	31,996	11,372	59,217	18,089
Noninterest expenses	7,850	7,292	15,316	14,333
Total expenses	39,846	18,664	74,533	32,422
WSFS Bank
Segment Reporting Information [Line Items]
Revenues, Total	264,480	193,402	512,914	361,171
Total expenses	204,297	132,614	393,138	311,943
Income before taxes	60,183	60,788	119,776	49,228
WSFS Bank \| Operating Segments
Segment Reporting Information [Line Items]
Interest income	236,405	157,174	457,690	298,576
Noninterest income	14,089	27,423	28,239	46,248
Revenues, Total	250,494	184,597	485,929	344,824
Interest expense	53,962	6,149	92,449	11,552
Noninterest expenses	108,147	108,631	209,096	257,132
Provision for (recovery of) credit losses	16,328	7,975	44,045	27,184
Total expenses	178,437	122,755	345,590	295,868
Capital expenditures for the period ended	956	2,789	1,812	4,436
WSFS Bank \| Inter-Segment Eliminations
Segment Reporting Information [Line Items]
Interest income	6,725	2,098	12,824	3,150
Noninterest income	7,261	6,707	14,161	13,197
Revenues, Total	13,986	8,805	26,985	16,347
Interest expense	25,271	9,274	46,393	14,939
Noninterest expenses	589	585	1,155	1,136
Total expenses	25,860	9,859	47,548	16,075
Cash Connect
Segment Reporting Information [Line Items]
Revenues, Total	20,810	12,844	39,845	23,605
Total expenses	19,873	10,501	38,278	19,470
Income before taxes	937	2,343	1,567	4,135
Cash Connect \| Operating Segments
Segment Reporting Information [Line Items]
Interest income	0	0	0	0
Noninterest income	19,992	12,014	38,171	22,084
Revenues, Total	19,992	12,014	38,171	22,084
Interest expense	0	0	0	0
Noninterest expenses	14,538	8,188	28,038	15,737
Provision for (recovery of) credit losses	0	0	0	0
Total expenses	14,538	8,188	28,038	15,737
Capital expenditures for the period ended	0	0	0	0
Cash Connect \| Inter-Segment Eliminations
Segment Reporting Information [Line Items]
Interest income	323	406	718	732
Noninterest income	495	424	956	789
Revenues, Total	818	830	1,674	1,521
Interest expense	3,851	1,207	7,410	1,482
Noninterest expenses	1,484	1,106	2,830	2,251
Total expenses	5,335	2,313	10,240	3,733
Wealth Management
Segment Reporting Information [Line Items]
Revenues, Total	63,196	44,467	119,924	84,406
Total expenses	32,686	24,271	66,034	48,738
Income before taxes	30,510	20,196	53,890	35,668
Wealth Management \| Operating Segments
Segment Reporting Information [Line Items]
Interest income	5,364	2,846	10,462	5,581
Noninterest income	32,790	32,592	63,588	64,271
Revenues, Total	38,154	35,438	74,050	69,852
Interest expense	5,965	256	11,329	432
Noninterest expenses	18,568	17,230	37,164	35,637
Provision for (recovery of) credit losses	(498)	293	796	55
Total expenses	24,035	17,779	49,289	36,124
Capital expenditures for the period ended	0	0	0	0
Wealth Management \| Inter-Segment Eliminations
Segment Reporting Information [Line Items]
Interest income	24,948	8,868	45,675	14,207
Noninterest income	94	161	199	347
Revenues, Total	25,042	9,029	45,874	14,554
Interest expense	2,874	891	5,414	1,668
Noninterest expenses	5,777	5,601	11,331	10,946
Total expenses	$ 8,651	$ 6,492	$ 16,745	$ 12,614

SEGMENT INFORMATION - Details o

SEGMENT INFORMATION - Details of Segment Information - Statement of Financial Condition (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Cash and cash equivalents	$ 1,115,560	$ 837,258	$ 1,676,609	$ 1,532,939
Goodwill	883,637	883,637
Other segment assets	18,386,494	18,193,860
Total assets	20,385,691	19,914,755
WSFS Bank
Segment Reporting Information [Line Items]
Cash and cash equivalents	719,817	317,022
Goodwill	753,586	753,586
Other segment assets	17,999,598	17,824,946
Total assets	19,473,001	18,895,554
Cash Connect
Segment Reporting Information [Line Items]
Cash and cash equivalents	354,497	476,850
Goodwill	0	0
Other segment assets	11,556	10,429
Total assets	366,053	487,279
Wealth Management
Segment Reporting Information [Line Items]
Cash and cash equivalents	41,246	43,386
Goodwill	130,051	130,051
Other segment assets	375,340	358,485
Total assets	$ 546,637	$ 531,922

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details)	3 Months Ended		6 Months Ended
COMMITMENTS AND CONTINGENCIES (Details)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) loan	Jun. 30, 2022 USD ($) loan	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Guarantor Obligations [Line Items]
Provision for (recovery of) credit losses	$ 15,830,000	$ 8,268,000	$ 44,841,000	$ 27,239,000
Allowance for credit losses	171,869,000	141,970,000	171,869,000	141,970,000	$ 169,162,000	$ 151,861,000	$ 136,330,000	$ 94,507,000
Unfunded Lending Commitment
Guarantor Obligations [Line Items]
Provision for (recovery of) credit losses	400,000	$ (200,000)	200,000	$ (100,000)
Allowance for credit losses	$ 12,000,000		12,000,000			$ 11,900,000
Secondary Market Loan Sales
Guarantor Obligations [Line Items]
Provision for (recovery of) credit losses			$ 0
Number of loans repurchased \| loan			1	2
Loans repurchase amount			$ 800,000	$ 800,000

CHANGE IN ACCUMULATED OTHER C_3

CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			$ 2,205,113
Other comprehensive loss (income)	$ (41,950)	$ (205,059)	11,401	$ (480,919)
Less: Amounts reclassified from accumulated other comprehensive loss	4,306	(39)	8,384	(191)
Net current-period other comprehensive (loss) income	(37,644)	(205,098)	19,785	(481,110)
Ending balance	2,314,659		2,314,659
Amortization of unrealized losses on securities reclassified to held-to-maturity, tax expense	(1,386)	37,830	(2,702)	37,839
Fannie Mae (FNMA) mortgage-backed securities (MBS)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Amortization of unrealized losses on securities reclassified to held-to-maturity, tax expense		119,800		119,800
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(618,415)	(313,780)	(675,844)	(37,768)
Ending balance	(656,059)	(518,878)	(656,059)	(518,878)
Net change in investment securities available-for-sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(510,523)	(309,791)	(563,533)	(33,873)
Other comprehensive loss (income)	(40,367)	(85,422)	12,643	(361,340)
Less: Amounts reclassified from accumulated other comprehensive loss	0	0	0	0
Net current-period other comprehensive (loss) income	(40,367)	(85,422)	12,643	(361,340)
Ending balance	(550,890)	(395,213)	(550,890)	(395,213)
Net change in investment securities held-to-maturity
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(104,338)	147	(108,503)	175
Other comprehensive loss (income)	0	(119,824)	0	(119,768)
Less: Amounts reclassified from accumulated other comprehensive loss	4,393	28	8,558	(56)
Net current-period other comprehensive (loss) income	4,393	(119,796)	8,558	(119,824)
Ending balance	(99,945)	(119,649)	(99,945)	(119,649)
Net change in defined benefit plan
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(4,517)	(4,718)	(4,482)	(4,691)
Other comprehensive loss (income)	(7)	(1)	5	0
Less: Amounts reclassified from accumulated other comprehensive loss	(47)	(27)	(94)	(55)
Net current-period other comprehensive (loss) income	(54)	(28)	(89)	(55)
Ending balance	(4,571)	(4,746)	(4,571)	(4,746)
Net change in fair value of derivatives used for cash flow hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	400	229	108	268
Other comprehensive loss (income)	(1,475)	0	(1,143)	1
Less: Amounts reclassified from accumulated other comprehensive loss	(40)	(40)	(80)	(80)
Net current-period other comprehensive (loss) income	(1,515)	(40)	(1,223)	(79)
Ending balance	(1,115)	189	(1,115)	189
Net change in equity method investments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	563	353	566	353
Other comprehensive loss (income)	(101)	188	(104)	188
Less: Amounts reclassified from accumulated other comprehensive loss	0	0	0	0
Net current-period other comprehensive (loss) income	(101)	188	(104)	188
Ending balance	$ 462	$ 541	$ 462	$ 541

CHANGE IN ACCUMULATED OTHER C_4

CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS - Components of Other Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income taxes	$ (23,035)	$ (22,425)	$ (43,976)	$ (24,162)
Salaries, benefits and other compensation	(72,367)	(68,189)	(145,216)	(139,119)
Income before taxes	91,630	83,327	175,233	89,031
Net income attributable to WSFS	68,678	60,740	131,082	64,544
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income attributable to WSFS	4,306	(39)	8,384	(191)
Reclassification out of Accumulated Other Comprehensive Income (Loss) \| Net change in investment securities available-for-sale
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of net unrealized gains to income during the period	5,779	37	11,260	(74)
Income taxes	(1,386)	(9)	(2,702)	18
Net income attributable to WSFS	4,393	28	8,558	(56)
Reclassification out of Accumulated Other Comprehensive Income (Loss) \| Prior service credits
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Salaries, benefits and other compensation	(19)	(19)	38	38
Reclassification out of Accumulated Other Comprehensive Income (Loss) \| Actuarial (gains) losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Salaries, benefits and other compensation	(43)	(17)	(86)	(34)
Reclassification out of Accumulated Other Comprehensive Income (Loss) \| Amortization of defined benefit pension plan-related items:
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income taxes	15	9	30	17
Income before taxes	(62)	(36)	(124)	(72)
Net income attributable to WSFS	(47)	(27)	(94)	(55)
Reclassification out of Accumulated Other Comprehensive Income (Loss) \| Net unrealized gains on terminated cash flow hedges:
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of net unrealized gains to income during the period	(53)	(53)	(105)	(105)
Income taxes	13	13	25	25
Net income attributable to WSFS	$ (40)	$ (40)	$ (80)	$ (80)

LEGAL AND OTHER PROCEEDINGS (De

LEGAL AND OTHER PROCEEDINGS (Details)	6 Months Ended
LEGAL AND OTHER PROCEEDINGS (Details)	Jun. 30, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Additions to other significant pending legal or other proceedings	$ 0