Norwood financial corp (NWFL)
Income statement / 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'11Mar'11Sep'10Jun'10
INTEREST INCOME
Loans receivable, including fees

10,683

10,815

10,776

10,328

9,970

9,759

9,301

8,857

8,487

8,504

8,289

7,925

7,806

7,858

7,267

6,351

6,135

6,059

5,958

5,924

6,061

5,956

5,972

5,933

5,980

6,019

6,202

6,169

6,186

6,261

6,429

6,431

6,373

6,372

6,521

5,468

4,928

5,266

5,218

Securities

1,179

-

1,278

1,435

1,441

-

1,483

1,536

1,524

-

1,605

1,633

1,618

-

1,239

878

890

-

911

950

1,023

-

968

1,025

987

-

939

877

868

-

971

1,007

1,026

-

1,116

1,135

1,090

1,115

1,141

Other

6

10

5

51

15

10

2

43

18

12

2

24

10

14

22

5

1

1

3

8

4

3

1

2

1

8

5

10

3

12

9

7

4

11

18

16

8

14

18

Total interest income

11,868

11,985

12,059

11,814

11,426

11,245

10,786

10,436

10,029

10,076

9,896

9,582

9,434

9,456

8,528

7,234

7,026

6,937

6,872

6,882

7,088

6,899

6,941

6,960

6,968

7,000

7,146

7,056

7,057

7,157

7,409

7,445

7,403

7,470

7,655

6,619

6,026

6,395

6,377

INTEREST EXPENSE
Deposits

1,790

1,784

1,787

1,839

1,729

1,447

1,116

1,052

1,029

986

828

797

766

765

677

580

581

588

611

618

604

610

600

618

635

674

701

719

754

860

897

942

961

980

1,054

932

885

1,031

1,102

Short-term borrowings

111

125

135

85

123

122

111

38

52

61

82

28

28

-11

65

37

39

38

19

16

12

16

19

20

22

22

17

15

12

15

14

13

11

17

24

27

24

26

27

Other borrowings

302

244

246

278

303

247

171

131

141

144

116

101

143

251

216

223

231

199

189

199

165

167

168

167

166

158

158

178

190

204

246

243

244

247

314

342

336

419

416

Total interest expense

2,203

2,153

2,168

2,202

2,155

1,816

1,398

1,221

1,222

1,191

1,026

926

937

1,005

958

840

851

825

819

833

781

793

787

805

823

854

876

912

956

1,079

1,157

1,198

1,216

1,244

1,392

1,301

1,245

1,476

1,545

NET INTEREST INCOME

9,665

9,832

9,891

9,612

9,271

9,429

9,388

9,215

8,807

8,885

8,870

8,656

8,497

8,451

7,570

6,394

6,175

6,112

6,053

6,049

6,307

6,106

6,154

6,155

6,145

6,146

6,270

6,144

6,101

6,078

6,252

6,247

6,187

6,226

6,263

5,318

4,781

4,919

4,832

PROVISION FOR LOAN LOSSES

700

200

300

300

450

375

375

425

550

400

600

600

600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

PROVISION FOR LOAN LOSSES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

450

700

450

-

720

420

620

420

420

420

420

400

400

800

800

800

900

400

350

500

425

430

220

250

150

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

8,965

9,632

9,591

9,312

8,821

9,054

9,013

8,790

8,257

8,485

8,270

8,056

7,897

8,001

7,120

5,694

5,725

3,292

5,333

5,629

5,687

5,686

5,734

5,735

5,725

5,746

5,870

5,344

5,301

5,278

5,352

5,847

5,837

5,726

5,838

4,888

4,561

4,669

4,682

OTHER INCOME
Other Income

1,331

1,407

1,461

1,279

1,301

1,312

1,655

1,427

1,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains on sales of securities

38

21

169

64

0

0

13

58

142

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges and fees

-

-

-

-

-

-

-

-

-

-

1,105

1,016

936

944

829

604

574

654

592

622

572

604

587

583

576

586

614

620

592

563

561

559

554

533

581

592

549

587

570

Income from fiduciary activities

-

-

-

-

-

-

-

-

-

-

160

128

106

107

126

114

102

99

126

109

105

109

125

99

104

94

111

89

85

81

96

80

98

85

106

105

113

121

93

Net realized gains on sales of securities

-

-

-

-

-

-

-

-

-

-

129

31

6

15

0

205

64

118

63

134

311

265

301

509

95

291

198

254

138

101

631

285

402

205

544

12

212

161

64

Gain on sale of loans, net

56

45

15

67

42

-

15

-

-

-

-

67

-

0

6

18

30

58

16

12

18

82

-15

26

39

112

-12

1

11

57

83

66

5

-11

41

98

143

3

130

Gain on sale of deposits

-

-

-

-

-

-

-

-

-

-

0

0

209

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings and proceeds on bank owned life insurance

208

199

222

207

202

277

297

279

273

283

320

275

255

272

283

166

167

167

167

166

165

172

170

175

168

163

150

148

925

144

132

131

132

-

-

-

-

-

-

Other

136

107

109

106

143

112

392

161

162

360

144

139

131

146

161

116

130

120

107

90

108

95

94

76

71

64

155

100

126

172

88

85

100

-247

234

186

191

163

159

Total other income

1,654

1,695

1,882

1,641

1,560

1,600

1,997

1,774

1,694

1,754

1,858

1,656

1,643

1,490

1,399

1,223

1,067

1,216

1,071

1,133

1,279

1,327

1,262

1,468

1,053

1,310

1,216

1,212

1,877

1,118

1,591

1,206

1,291

1,028

1,506

993

1,208

1,035

1,016

OTHER EXPENSES
Salaries and employee benefits

3,777

3,740

3,667

3,599

3,649

3,575

3,577

3,406

3,462

3,210

3,209

3,212

3,219

3,307

3,070

2,248

2,303

2,152

2,175

2,071

2,137

2,251

2,028

2,172

2,165

2,009

2,103

2,124

2,211

2,103

2,102

2,047

2,151

2,186

2,129

1,832

1,701

1,657

1,572

Occupancy, furniture & equipment, net

968

156

916

940

924

230

910

857

892

143

799

809

911

340

755

487

495

89

473

542

556

75

505

518

578

12

507

550

529

50

512

490

487

107

489

408

398

388

408

Data processing and related operations

437

469

480

472

448

400

368

340

319

331

354

324

344

388

423

255

271

261

247

201

234

248

240

229

212

219

221

230

221

227

222

216

232

220

233

187

215

195

216

Taxes, other than income

214

232

179

179

161

91

153

153

175

-32

233

227

233

197

205

124

205

186

175

175

175

162

161

161

165

178

179

179

174

148

150

149

152

121

142

143

129

77

150

Professional fees

218

361

276

226

250

233

301

229

230

243

217

240

249

319

185

181

151

283

140

124

183

196

136

174

165

128

139

172

187

210

157

217

227

852

171

126

134

81

138

Federal Deposit Insurance Corporation insurance

-

-

-5

-

-

-

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreclosed real estate

-

-

24

-

-

-

-26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16

-488

-267

-

0

Federal Deposit Insurance Corporation insurance

0

-

-

84

71

-

-

86

92

94

97

91

95

10

170

117

115

132

119

65

95

100

104

102

114

109

114

110

111

108

94

97

99

76

102

95

120

121

118

Foreclosed real estate

16

-

-

-10

23

-

-

114

-19

137

303

152

572

98

119

432

31

474

47

232

158

823

271

396

65

73

217

86

191

33

-23

85

122

170

372

17

19

3

13

Amortization of intangibles

23

22

23

27

29

30

29

33

34

35

35

39

41

41

34

23

24

-

24

-

28

-

28

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger related

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,659

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

1,406

212

1,231

1,268

1,093

290

1,173

1,135

1,063

95

992

1,036

950

324

1,059

661

754

-53

670

758

621

2

651

690

668

52

693

682

677

-114

743

656

677

-230

700

640

551

590

561

Total Other Expenses

7,059

7,087

6,791

6,785

6,648

6,802

6,572

6,353

6,248

5,887

6,239

6,130

6,614

6,568

7,679

4,528

4,349

4,675

4,070

4,168

4,187

4,998

4,124

4,473

4,132

4,098

4,173

4,133

4,301

4,020

3,957

3,957

4,147

3,989

4,354

3,936

3,534

3,112

3,176

INCOME BEFORE INCOME TAXES

3,560

4,240

4,682

4,168

3,733

3,852

4,438

4,211

3,703

4,352

3,889

3,582

2,926

2,923

840

2,389

2,443

-167

2,334

2,594

2,779

2,015

2,872

2,730

2,646

2,958

2,913

2,423

2,877

2,376

2,986

3,096

2,981

2,765

2,990

1,945

2,235

2,592

2,522

INCOME TAX EXPENSE

481

644

775

646

543

553

728

698

574

4,195

948

858

550

578

228

511

567

-294

557

631

738

474

754

696

682

776

777

584

569

617

786

838

795

768

775

461

575

702

704

NET INCOME

3,079

3,596

3,907

3,522

3,190

3,299

3,710

3,513

3,129

157

2,941

2,724

2,376

2,345

612

1,878

1,876

127

1,777

1,963

2,041

1,541

2,118

2,034

1,964

2,182

2,136

1,839

2,308

1,759

2,200

2,258

2,186

1,997

2,215

1,484

1,660

1,890

1,818

BASIC EARNINGS PER SHARE

0.49

0.58

0.62

0.56

0.51

0.53

0.59

0.57

0.50

0.03

0.47

0.44

0.38

0.04

0.10

0.51

0.51

-0.49

0.48

0.53

0.55

0.42

0.58

0.56

0.54

0.59

0.59

0.51

0.64

0.48

0.61

0.63

0.61

0.40

0.67

0.50

0.60

0.68

0.66

DILUTED EARNINGS PER SHARE

0.49

0.56

0.62

0.56

0.51

0.53

0.58

0.56

0.50

0.03

0.47

0.43

0.38

0.03

0.10

0.51

0.51

-0.49

0.48

0.53

0.55

0.42

0.58

0.56

0.54

0.60

0.59

0.51

0.63

0.48

0.61

0.63

0.61

0.40

0.67

0.50

0.60

0.68

0.66

Service Charges And Fees [Member]
Other Income

1,063

1,167

1,200

1,052

1,031

1,085

1,129

1,101

980

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income From Fiduciary Activities [Member]
Other Income

153

156

167

145

142

126

151

175

137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-