secwatch.observer — SEC 8-K summary
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Issuer:     NORWOOD FINANCIAL CORP (NWFL)
CIK:        0001013272
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001193125-23-261223
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Norwood Financial Q3 EPS $0.51 vs $1.00; net interest margin falls to 2.94%
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- Net income $4.119M vs $8.109M YoY, down 49.2%.
- EPS (diluted) $0.51 vs $1.00 YoY; annualized ROAA 0.76% vs 1.57%.
- Net interest margin (fte) 2.94% vs 3.74% YoY; net interest income down $3.1M.
- Provision for credit losses $882K vs $0; includes a $2.0M charge-off on one large commercial relationship.
- Total assets $2.179B, deposits $1.747B, stockholders' equity $164.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013272/000119312523261223/0001193125-23-261223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013272/000119312523261223/d552664d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-261223

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer