WSFS Financial Corp. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported interest income was $59.692 million against $51.813 million a year ago. Net interest income was $52.954 million against $47.896 million a year ago. Revenue was $8.081 million against $5.711 million a year ago. Income before taxes was $27.180 million against $21.968 million a year ago. Net income was $18.110 million against $13.984 million a year ago. Diluted earnings per common stock were $0.56 against $0.46 a year ago. Return on average assets was 1.08% against 1.03% a year ago. Return on average equity was 10.37% against 9.71% a year ago. Return on tangible common equity was 14.82% against 11.84% a year ago. Book value per share of common stock was $21.90 against $19.50 a year ago. Non-GAAP Core net revenue was $80.062 million against $70.459 million a year ago. Non-GAAP tangible common book value per was $15.80 against $16.30 a year ago. Non-GAAP net income was $18.871 million against $17.819 million a year ago. Non-GAAP return on tangible equity was 14.82% against 11.84% a year ago. Non-GAAP core EPS was $0.58 against $0.59 a year ago.

For the year, the company reported interest income was $216.578 million against $182.576 million a year ago. Net interest income was $193.745 million against $166.800 million a year ago. Revenue was $25.691 million against $21.884 million a year ago. Income before taxes was $97.154 million against $83.806 million a year ago. Net income was $64.080 million against $53.533 million a year ago. Diluted earnings per common stock were $2.06 against $1.85 a year ago. Return on average assets was 1.06% against 1.05% a year ago. Return on average equity was 10.03% against 10.24% a year ago. Return on tangible common equity was 12.85% against 12.06% a year ago. Non-GAAP Core net revenue was $293.731 million against $252.769 million a year ago. Non-GAAP net income was $68.380 million against $57.940 million a year ago. Non-GAAP return on tangible equity was 12.85% against 12.06% a year ago. Non-GAAP core EPS was $2.19 against $2.00 a year ago.

For the quarter, the company reported net charge-offs were $4.4 million or 0.40% of total net loans on an annualized basis, a decrease from $4.6 million, or 0.44% (annualized) in third 2016, and an increase from $1.1 million, or 0.12% (annualized) during fourth 2015. Excluding the impact of the one large credit relationship discussed above, net charge-offs for the quarter were $0.9 million, or 0.08% (annualized).