Norwood financial corp (NWFL)
Income statement / TTM
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

42,602

41,889

40,833

39,358

37,887

36,404

35,149

34,137

33,205

32,524

31,878

30,856

29,282

27,611

25,812

24,503

24,076

24,002

23,899

23,913

23,922

23,841

23,904

24,134

24,370

24,576

24,818

25,045

25,307

25,494

25,605

25,697

24,734

23,289

22,183

20,880

0

0

0

Securities

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

0

0

Other

72

81

81

78

70

73

75

75

56

48

50

70

51

42

29

10

13

16

18

16

10

7

12

16

24

26

30

34

31

32

31

40

49

53

56

56

0

0

0

Total interest income

47,726

47,284

46,544

45,271

43,893

42,496

41,327

40,437

39,583

38,988

38,368

37,000

34,652

32,244

29,725

28,069

27,717

27,779

27,741

27,810

27,888

27,768

27,869

28,074

28,170

28,259

28,416

28,679

29,068

29,414

29,727

29,973

29,147

27,770

26,695

25,417

0

0

0

INTEREST EXPENSE
Deposits

7,200

7,139

6,802

6,131

5,344

4,644

4,183

3,895

3,640

3,377

3,156

3,005

2,788

2,603

2,426

2,360

2,398

2,421

2,443

2,432

2,432

2,463

2,527

2,628

2,729

2,848

3,034

3,230

3,453

3,660

3,780

3,937

3,927

3,851

3,902

3,950

0

0

0

Short-term borrowings

456

468

465

441

394

323

262

233

223

199

127

110

119

130

179

133

112

85

63

63

67

77

83

81

76

66

59

56

54

53

55

65

79

92

101

104

0

0

0

Other borrowings

1,070

1,071

1,074

999

852

690

587

532

502

504

611

711

833

921

869

842

818

752

720

699

667

668

659

649

660

684

730

818

883

937

980

1,048

1,147

1,239

1,411

1,513

0

0

0

Total interest expense

8,726

8,678

8,341

7,571

6,590

5,657

5,032

4,660

4,365

4,080

3,894

3,826

3,740

3,654

3,474

3,335

3,328

3,258

3,226

3,194

3,166

3,208

3,269

3,358

3,465

3,598

3,823

4,104

4,390

4,650

4,815

5,050

5,153

5,182

5,414

5,567

0

0

0

NET INTEREST INCOME

39,000

38,606

38,203

37,700

37,303

36,839

36,295

35,777

35,218

34,908

34,474

33,174

30,912

28,590

26,251

24,734

24,389

24,521

24,515

24,616

24,722

24,560

24,600

24,716

24,705

24,661

24,593

24,575

24,678

24,764

24,912

24,923

23,994

22,588

21,281

19,850

0

0

0

PROVISION FOR LOAN LOSSES

1,500

1,250

1,425

1,500

1,625

1,725

1,750

1,975

2,150

2,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

PROVISION FOR LOAN LOSSES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,420

4,690

4,410

-

2,180

1,880

1,880

1,680

1,660

1,640

2,020

2,400

2,800

3,300

2,900

2,450

2,150

1,675

1,705

1,575

1,325

1,050

0

0

0

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

37,500

37,356

36,778

36,200

35,678

35,114

34,545

33,802

33,068

32,708

32,224

31,074

28,712

26,540

21,831

20,044

19,979

19,941

22,335

22,736

22,842

22,880

22,940

23,076

22,685

22,261

21,793

21,275

21,778

22,314

22,762

23,248

22,289

21,013

19,956

18,800

0

0

0

OTHER INCOME
Other Income

5,478

5,448

5,353

5,547

5,695

5,663

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains on sales of securities

292

254

233

77

71

213

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges and fees

-

-

-

-

-

-

-

-

-

-

4,001

3,725

3,313

2,951

2,661

2,424

2,442

2,440

2,390

2,385

2,346

2,350

2,332

2,359

2,396

2,412

2,389

2,336

2,275

2,237

2,207

2,227

2,260

2,255

2,309

2,298

0

0

0

Income from fiduciary activities

-

-

-

-

-

-

-

-

-

-

501

467

453

449

441

441

436

439

449

448

438

437

422

408

398

379

366

351

342

355

359

369

394

409

445

432

0

0

0

Net realized gains on sales of securities

-

-

-

-

-

-

-

-

-

-

181

52

226

284

387

450

379

626

773

1,011

1,386

1,170

1,196

1,093

838

881

691

1,124

1,155

1,419

1,523

1,436

1,163

973

929

449

0

0

0

Gain on sale of loans, net

183

169

139

0

0

-

0

-

-

-

-

0

-

54

112

122

116

104

128

97

111

132

162

165

140

112

57

152

217

211

143

101

133

271

285

374

0

0

0

Gain on sale of deposits

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings and proceeds on bank owned life insurance

836

830

908

983

1,055

1,126

1,132

1,155

1,151

1,133

1,122

1,085

976

888

783

667

667

665

670

673

682

685

676

656

629

1,386

1,367

1,349

1,332

539

0

0

0

-

-

-

-

-

-

Other

458

465

470

753

808

827

1,075

827

805

774

560

577

554

553

527

473

447

425

400

387

373

336

305

366

390

445

553

486

471

445

26

172

273

364

774

699

0

0

0

Total other income

6,872

6,778

6,683

6,798

6,931

7,065

7,219

7,080

6,962

6,911

6,647

6,188

5,755

5,179

4,905

4,577

4,487

4,699

4,810

5,001

5,336

5,110

5,093

5,047

4,791

5,615

5,423

5,798

5,792

5,206

5,116

5,031

4,818

4,735

4,742

4,252

0

0

0

OTHER EXPENSES
Salaries and employee benefits

14,783

14,655

14,490

14,400

14,207

14,020

13,655

13,287

13,093

12,850

12,947

12,808

11,844

10,928

9,773

8,878

8,701

8,535

8,634

8,487

8,588

8,616

8,374

8,449

8,401

8,447

8,541

8,540

8,463

8,403

8,486

8,513

8,298

7,848

7,319

6,762

0

0

0

Occupancy, furniture & equipment, net

2,980

2,936

3,010

3,004

2,921

2,889

2,802

2,691

2,643

2,662

2,859

2,815

2,493

2,077

1,826

1,544

1,599

1,660

1,646

1,678

1,654

1,676

1,613

1,615

1,647

1,598

1,636

1,641

1,581

1,539

1,596

1,573

1,491

1,402

1,683

1,602

0

0

0

Data processing and related operations

1,858

1,869

1,800

1,688

1,556

1,427

1,358

1,344

1,328

1,353

1,410

1,479

1,410

1,337

1,210

1,034

980

943

930

923

951

929

900

881

882

891

899

900

886

897

890

901

872

855

830

813

0

0

0

Taxes, other than income

804

751

610

584

558

572

449

529

603

661

890

862

759

731

720

690

741

711

687

673

659

649

665

683

701

710

680

651

621

599

572

564

558

535

491

499

0

0

0

Professional fees

1,081

1,113

985

1,010

1,013

993

1,003

919

930

949

1,025

993

934

836

800

755

698

730

643

639

689

671

603

606

604

626

708

726

771

811

1,453

1,467

1,376

1,283

512

479

0

0

0

Federal Deposit Insurance Corporation insurance

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreclosed real estate

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

Federal Deposit Insurance Corporation insurance

0

-

-

324

0

-

-

369

374

377

293

366

392

412

534

483

431

411

379

364

401

420

429

439

447

444

443

423

410

398

366

374

372

393

438

454

0

0

0

Foreclosed real estate

0

-

-

90

0

-

-

535

573

1,164

1,125

941

1,221

680

1,056

984

784

911

1,260

1,484

1,648

1,555

805

751

441

567

527

287

286

217

354

749

681

578

411

52

0

0

0

Amortization of intangibles

95

101

109

115

121

126

131

137

143

150

156

155

139

122

105

0

0

-

0

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger related

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

4,117

3,804

3,882

3,824

3,691

3,661

3,466

3,285

3,186

3,073

3,302

3,369

2,994

2,798

2,421

2,032

2,129

1,996

2,051

2,032

1,964

2,011

2,061

2,103

2,095

2,104

1,938

1,988

1,962

1,962

1,846

1,803

1,787

1,661

2,481

2,342

0

0

0

Total Other Expenses

27,722

27,311

27,026

26,807

26,375

25,975

25,060

24,727

24,504

24,870

25,551

26,991

25,389

23,124

21,231

17,622

17,262

17,100

17,423

17,477

17,782

17,727

16,827

16,876

16,536

16,705

16,627

16,411

16,235

16,081

16,050

16,447

16,426

15,813

14,936

13,758

0

0

0

INCOME BEFORE INCOME TAXES

16,650

16,823

16,435

16,191

16,234

16,204

16,704

16,155

15,526

14,749

13,320

10,271

9,078

8,595

5,505

6,999

7,204

7,540

9,722

10,260

10,396

10,263

11,206

11,247

10,940

11,171

10,589

10,662

11,335

11,439

11,828

11,832

10,681

9,935

9,762

9,294

0

0

0

INCOME TAX EXPENSE

2,546

2,608

2,517

2,470

2,522

2,553

6,195

6,415

6,575

6,551

2,934

2,214

1,867

1,884

1,012

1,341

1,461

1,632

2,400

2,597

2,662

2,606

2,908

2,931

2,819

2,706

2,547

2,556

2,810

3,036

3,187

3,176

2,799

2,579

2,513

2,442

0

0

0

NET INCOME

14,104

14,215

13,918

13,721

13,712

13,651

10,509

9,740

8,951

8,198

10,386

8,057

7,211

6,711

4,493

5,658

5,743

5,908

7,322

7,663

7,734

7,657

8,298

8,316

8,121

8,465

8,042

8,106

8,525

8,403

8,641

8,656

7,882

7,356

7,249

6,852

0

0

0

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

4,482

4,450

4,368

4,297

4,346

4,295

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income From Fiduciary Activities [Member]
Other Income

621

610

580

564

594

589

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-