Norwood financial corp (NWFL)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

14,712

15,038

20,067

14,207

13,583

18,039

17,073

15,193

10,103

16,212

13,947

16,055

12,057

14,900

19,404

8,171

8,709

9,744

11,164

8,505

7,658

8,081

13,105

12,196

8,607

7,528

15,193

9,872

6,763

10,867

10,514

9,135

14,250

8,974

12,472

9,269

5,782

Interest-bearing deposits with banks

23,706

377

848

4,265

6,291

309

295

914

2,039

485

368

348

7,785

2,274

13,729

4,444

254

266

552

11,937

11,969

4,295

158

3,182

142

335

12,221

17,425

9,182

1,428

-

-

5,991

-

25,577

34,213

7,843

Cash and cash equivalents

38,418

15,415

20,915

18,472

19,874

18,348

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

17,368

16,107

12,142

16,697

14,315

16,403

19,842

17,174

33,133

12,615

8,963

10,010

11,716

20,442

19,627

12,376

13,263

15,378

8,749

7,863

27,414

27,297

15,945

12,295

-

-

-

-

-

-

-

Interest bearing deposits with banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,825

15,261

-

12,449

-

-

-

Federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,729

3,000

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,339

24,396

20,241

21,423

38,049

45,211

16,625

Securities available for sale, at fair value

196,998

210,205

211,199

238,083

240,621

243,277

247,517

259,442

265,862

281,121

285,706

300,667

295,801

302,564

310,126

129,721

143,948

138,851

153,305

151,304

155,674

156,395

158,701

154,925

156,165

158,132

150,904

150,750

148,598

145,390

147,639

144,720

148,489

150,181

145,734

152,275

145,815

Loans receivable

928,565

924,581

905,582

887,673

864,198

850,182

819,197

803,773

775,681

-

756,014

735,026

719,443

-

706,199

581,220

565,787

-

543,536

538,870

518,961

-

500,844

502,316

496,016

-

486,968

480,715

-

-

479,501

479,421

479,082

-

454,832

464,646

-

Less: Allowance for loan losses

9,088

8,509

8,405

8,228

8,349

-

-

-

-

-

7,760

7,419

6,901

-

6,164

5,798

7,642

-

-

-

-

-

-

-

-

-

-

-

-

-

5,341

5,775

5,618

-

5,345

5,267

-

Less: Allowance for loan losses

-

-

-

-

-

-

8,280

8,326

8,099

-

-

-

-

-

-

-

-

-

5,747

5,947

6,007

-

5,651

5,611

5,727

-

5,559

5,749

-

-

-

-

-

-

-

-

-

Securities held to maturity, fair value 2013: $177

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

175

174

174

173

173

173

172

172

171

171

171

170

170

Net loans receivable

919,477

916,072

897,177

879,445

855,849

841,730

810,917

795,447

767,582

756,458

748,254

727,607

712,542

707,426

700,035

575,422

558,145

552,627

537,789

532,923

512,954

495,260

495,193

496,705

490,289

497,389

481,409

474,966

472,937

471,208

474,160

473,646

473,464

452,449

449,487

459,379

351,239

Regulatory stock, at cost

3,770

4,844

3,137

3,155

3,132

3,926

3,261

2,313

2,545

3,505

3,115

2,435

1,939

2,119

2,351

2,228

2,982

3,412

2,488

2,240

1,838

1,714

3,210

2,437

2,741

2,877

2,141

2,527

2,533

2,630

2,932

3,243

3,413

3,675

3,782

3,981

3,361

Bank premises and equipment, net

14,071

14,228

13,927

13,880

14,165

13,846

13,797

13,894

13,808

13,864

12,922

12,953

13,073

13,531

13,617

6,328

6,390

6,472

6,503

6,555

6,632

6,734

6,825

6,910

7,031

7,125

7,250

7,206

7,191

7,326

7,453

7,371

7,468

7,479

7,601

7,672

4,904

Bank owned life insurance

38,971

38,763

38,562

38,340

38,134

37,932

37,718

37,485

37,270

37,060

36,839

36,575

36,352

36,133

35,889

19,082

18,951

18,820

18,686

18,551

18,417

18,284

18,143

18,002

17,930

17,790

14,653

14,527

14,402

15,357

12,234

12,119

12,003

11,887

11,767

11,648

8,249

Accrued interest receivable

3,669

3,719

3,726

3,979

4,089

3,776

3,792

3,672

3,687

3,716

3,729

3,417

3,532

3,643

3,541

2,289

2,487

2,363

2,499

2,340

2,329

2,339

2,367

2,405

2,330

2,422

2,373

2,488

2,456

2,393

2,589

2,416

2,690

2,468

2,758

2,539

2,166

Foreclosed real estate owned

1,077

1,556

1,572

1,677

1,792

1,115

1,209

1,386

1,436

1,661

4,243

4,523

4,703

5,302

5,386

5,414

2,855

2,847

1,345

1,382

1,698

3,726

4,962

4,293

1,364

1,009

993

1,297

1,099

852

659

1,268

1,143

2,910

3,355

1,755

748

Goodwill

11,331

11,331

11,331

11,331

11,331

11,331

11,331

11,331

11,331

11,331

11,331

11,331

11,331

11,331

11,679

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,715

9,483

9,483

-

Other intangibles

212

235

257

280

307

336

364

394

427

462

496

531

571

612

652

237

260

285

309

334

361

389

418

446

477

510

543

575

610

647

-

-

-

-

-

-

-

Deferred tax asset

-

-

-

-

-

-

6,268

5,885

5,622

-

8,304

8,181

8,923

8,989

5,560

2,222

3,456

3,669

3,345

4,071

3,308

3,285

3,691

3,764

4,294

4,819

-

-

-

2,179

-

-

-

-

-

-

-

Other intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

684

720

760

800

840

881

13

Other assets

14,297

14,242

14,053

13,886

14,301

8,942

3,206

3,237

5,325

7,041

2,699

2,690

3,006

2,359

3,088

2,556

1,952

1,434

1,629

1,664

1,806

1,418

1,725

1,882

1,974

1,409

6,202

6,085

5,094

2,134

5,121

5,081

5,972

5,656

5,854

8,801

3,715

Total Assets

1,242,291

1,230,610

1,215,856

1,222,528

1,203,595

1,184,559

1,156,748

1,150,593

1,127,037

1,132,916

1,131,953

1,127,313

1,111,615

1,111,183

1,125,057

767,829

760,104

750,505

749,329

751,521

734,359

711,635

718,213

716,862

703,234

711,234

703,771

697,606

680,753

672,299

698,697

684,867

685,529

668,814

678,881

703,795

537,005

LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Deposits: Noninterest-bearing

213,359

207,299

231,211

221,764

206,806

201,457

218,979

216,472

204,027

205,138

212,844

200,364

192,735

191,445

200,481

121,743

113,225

107,814

115,313

107,610

101,423

98,064

102,343

103,954

93,400

92,684

101,632

93,881

84,357

82,075

89,218

82,525

78,339

71,959

78,500

73,718

62,238

Deposits: Interest-bearing

776,801

750,230

743,222

759,460

767,609

88,917

720,735

734,417

736,122

91,479

711,178

732,107

738,678

93,485

721,763

462,516

447,266

52,040

456,040

468,004

468,783

46,441

445,995

450,760

446,676

45,444

447,066

456,269

451,275

45,616

452,372

451,632

467,853

51,161

448,013

464,571

38,168

Deposits: Money market deposit accounts

-

-

-

-

-

137,636

-

-

-

146,362

-

-

-

153,020

-

-

-

119,028

-

-

-

120,603

-

-

-

122,423

-

-

-

116,841

-

-

-

114,007

-

-

70,812

Deposits: Savings

-

-

-

-

-

173,593

-

-

-

166,111

-

-

-

191,878

-

-

-

75,280

-

-

-

73,004

-

-

-

69,202

-

-

-

68,633

-

-

-

66,866

-

-

50,341

Deposits: Time

-

-

-

-

-

345,177

-

-

-

320,294

-

-

-

295,557

-

-

-

196,747

-

-

-

221,832

-

-

-

211,429

-

-

-

211,260

-

-

-

221,774

-

-

172,306

Total deposits

990,160

957,529

974,433

981,224

974,415

946,780

939,714

950,889

940,149

929,384

924,022

932,471

931,413

925,385

922,244

584,259

560,491

550,909

571,353

575,614

570,206

559,944

548,338

554,714

540,076

541,182

548,698

550,150

535,632

524,425

541,590

534,157

546,192

525,767

526,513

538,289

393,865

Short-term borrowings

40,656

62,256

52,778

48,094

37,824

53,046

52,820

43,325

29,905

42,530

47,229

42,192

28,383

32,811

33,156

38,100

52,672

53,235

41,546

33,842

30,581

25,695

44,704

38,009

40,373

49,914

38,466

32,075

21,859

28,697

32,386

27,192

15,854

21,794

31,976

32,181

33,309

Other borrowings

51,350

56,438

35,906

44,024

47,955

52,284

36,649

30,283

33,093

35,945

31,771

25,330

28,877

32,001

34,294

36,579

38,856

41,126

29,162

37,211

27,807

22,200

22,592

22,983

23,373

23,761

19,956

20,150

25,343

22,487

27,533

27,579

27,625

27,670

27,716

42,761

38,000

Junior subordinated debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,248

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest payable

2,895

2,432

2,623

3,008

2,457

1,806

1,705

1,461

1,456

1,434

1,167

942

909

1,069

1,040

891

925

957

996

988

955

966

975

937

973

1,022

1,075

1,037

1,082

1,242

1,462

1,335

1,333

1,321

1,489

1,473

1,536

Other liabilities

15,043

14,527

15,222

14,695

14,172

8,358

9,180

9,102

8,596

7,884

10,072

10,211

9,081

8,838

10,375

3,409

4,462

3,280

4,332

3,948

4,359

3,789

4,197

4,017

4,239

3,491

4,230

3,734

3,917

3,027

3,775

4,363

5,664

4,201

4,274

4,456

2,597

TOTAL LIABILITIES

1,100,104

1,093,182

1,080,962

1,091,045

1,076,823

1,062,274

1,040,068

1,035,060

1,013,199

1,017,177

1,014,261

1,011,146

998,663

1,000,104

1,009,357

663,238

657,406

649,507

647,389

651,603

633,908

612,594

620,806

620,660

609,034

619,370

612,425

607,146

587,833

579,878

606,746

594,626

596,668

580,753

591,968

619,160

469,307

STOCKHOLDERS' EQUITY
Common stock, $0.10 par value per share, authorized: 20,000,000 shares, issued: 2020: 6,342,568 shares, 2018: 6,340,563 shares

634

634

632

630

630

630

628

627

626

626

625

416

416

416

416

373

373

373

372

372

372

372

371

371

371

371

371

371

371

337

337

337

337

337

337

337

284

Surplus

49,644

49,471

49,052

48,741

48,559

48,322

48,087

47,815

47,548

47,431

47,467

47,645

47,678

47,682

47,576

35,430

35,390

35,351

35,310

35,268

35,239

35,206

35,143

35,091

35,050

35,010

34,991

34,949

34,912

24,737

-

-

-

-

-

-

-

Surplus

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,728

24,696

24,686

24,660

24,647

24,603

9,826

Retained earnings

88,032

86,536

84,522

82,127

80,115

78,434

76,645

74,315

72,179

70,426

71,210

69,660

68,268

67,225

66,210

66,876

66,143

65,412

66,431

65,797

64,975

64,078

63,637

62,613

61,671

60,798

59,710

58,626

57,847

66,742

66,005

64,788

63,513

62,308

61,296

60,036

58,648

Treasury stock at cost: 2020 and 2019: 12,007 shares

400

400

455

455

455

81

188

188

188

77

341

22

93

125

908

926

987

626

894

997

1,046

1,077

1,673

1,878

1,892

1,713

2,154

2,299

2,345

2,192

2,739

2,739

2,831

2,559

2,404

2,404

2,197

Accumulated other comprehensive income

4,277

1,187

1,143

440

-2,077

-5,020

-8,492

-7,036

-6,327

-2,667

-1,269

-1,532

-3,317

-4,119

2,406

2,838

1,779

488

721

-522

911

462

-71

5

-1,000

-2,602

-1,572

-1,187

2,135

2,797

-

-

-

-

-

-

-

Accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,620

3,159

3,156

3,315

3,037

2,063

1,137

TOTAL STOCKHOLDERS' EQUITY

142,187

137,428

134,894

131,483

126,772

122,285

116,680

115,533

113,838

115,739

117,692

116,167

112,952

111,079

115,700

104,591

102,698

100,998

101,940

99,918

100,451

99,041

97,407

96,202

94,200

91,864

91,346

90,460

92,920

92,421

91,951

90,241

88,861

88,061

86,913

84,635

67,698

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

1,242,291

1,230,610

1,215,856

1,222,528

1,203,595

1,184,559

1,156,748

1,150,593

1,127,037

1,132,916

1,131,953

1,127,313

1,111,615

1,111,183

1,125,057

767,829

760,104

750,505

749,329

751,521

734,359

711,635

718,213

716,862

703,234

711,234

703,771

697,606

680,753

672,299

698,697

684,867

685,529

668,814

678,881

703,795

537,005