Norwood Financial Corp.

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Norwood Financial Corp.

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(NASDAQ:NWFL)
Contact Information
Norwood Financial Corp.
717 Main St.
Honesdale, PA 18431
PA Tel. 570-253-1455
Toll Free 800-598-5002
Fax 570-253-3725

Type: Public
On the web: http://www.norwoodfc.com
Employees: 149
Employee growth: 26.3%

Norwood Financial, not Batman, owns Wayne Bank. The bank serves individuals and local businesses through about 15 branches in northeastern Pennsylvania. It offers standard deposit products and services including checking and savings accounts, money market savings accounts, CDs, and IRAs. Residential and commercial mortgages account for about 80% of Wayne Bank's loan portfolio. The bank also runs a trust and wealth management division; subsidiary Norwood Investment provides annuities and mutual funds; Norwood Settlement (70%-owned by the bank) offers title and settlement services. Norwood Financial acquired North Penn Bank in 2011; the deal added five branches to Norwood's network.

Key numbers for fiscal year ending December, 2011:
Sales: $32.5M
One year growth: 9.3%
Net income: $7.4M
Income growth: 0.6%

Officers:
Chairman: John E. Marshall
President and CEO: Lewis J. (Lew) Critelli
SVP and CFO; SVP and CFO, Wayne Bank: William S. Lance

Competitors:
Fidelity D & D
NBT Bancorp
PNC Financial

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