secwatch.observer — SEC 8-K summary
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Issuer:     NORWOOD FINANCIAL CORP (NWFL)
CIK:        0001013272
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001193125-24-244750
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Norwood Financial Q3 EPS $0.48; NIM up to 2.99%; loans grow 8% annualized
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- Net income $3.8M vs $4.0M in Q3 2023; diluted EPS $0.48 vs $0.51.
- Net interest margin (fte) 2.99%, up 19 bps from prior quarter and 7 bps YoY.
- Loans grew 8% annualized in Q3 to $1.675B; total assets $2.280B.
- Capital improvement: negative mark-to-market effect on securities down 42% vs last year.
- Credit quality metrics remain strong; provision for credit losses increased due to loan growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013272/000119312524244750/0001193125-24-244750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013272/000119312524244750/d887960d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-244750

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