WSFS Financial Corp. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2018. For the quarter, the company's net charge-offs were $5.6 million or 0.46% (annualized), of average gross loans, an increase from $2.9 million, or 0.24% (annualized), in third quarter of 2018, and $3.7 million, or 0.31% (annualized), in fourth quarter of 2017.