The Board of Directors of WSFS Financial Corp. approved a quarterly cash dividend of $0.15 per share of common stock. This dividend will be paid on February 27, 2015, to shareholders of record as of February 13, 2015.

The company reported unaudited financial results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported interest income of $42,340,000 against $38,333,000 for the same period in the last year. Net interest income was $38,239,000 against $34,546,000 for the same period in the last year. Income before taxes was $18,993,000 against $18,452,000 for the same period in the last year. Net income allocable to common stockholders was $12,708,000 against $12,074,000 for the same period in the last year. Net income allocable to common stockholders per diluted share was $1.32 against $1.33 for the same period in the last year. Return on average assets was 1.07% against 1.09% for the same period in the last year. Return on average equity was 10.40% against 12.64% for the same period in the last year. Non-GAAP net income was $13,702,000 or $1.43 per share against $11,986,000 or $1.32 per share for the same period in the last year. Results for both the third and fourth quarter of 2014 included significant corporate development costs primarily related to the merger integration of The First National Bank of Wyoming (FNBW). Core(o) net revenues increased $4.5 million, or 8% above the fourth quarter 2013.

For the year, the company reported interest income of $160,337,000 against $146,922,000 for the same period in the last year. Net interest income was $144,507,000 against $131,588,000 for the same period in the last year. Income before taxes was $71,386,000 against $71,638,000 for the same period in the last year. Net income allocable to common stockholders was $53,757,000 against $45,249,000 for the same period in the last year. Net income allocable to common stockholders per diluted share was $5.78 against $5.06 for the same period in the last year. Return on average assets was 1.17% against 1.07% for the same period in the last year. Return on average equity was 12.21% against 11.60% for the same period in the last year. Non-GAAP net income was $50,619,000 or $5.44 per share against $40,960,000 or $4.57 per share for the same period in the last year. Core revenues for the year increased 8% from last year. Book value per share was $52.01 as at December 31, 2014 against $43.06 as at December 31, 2013.

Net charge-offs improved to $624,000, or only 8 basis points of gross loans annualized, compared to $2.2 million for the third quarter of 2014 and $1.5 million for the same quarter in 2013.