Company: NWFL
Filing Date: 2025-10-28
Form Type: 424B3
Source: 0001193125-25-252482
Chunk: 88

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-10-28
Form: 424B3
Chunk 88
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| Money market deposits              |     |                            |    51 |     |      |    432 |   |     |            |    483 |   |
| Certificates of deposit            |     |                            | 1,188 |     |      |  2,336 |   |     |            |  3,524 |   |
| Total deposits                     |     |                            | 1,262 |     |      |  3,439 |   |     |            |  4,701 |   |
| Borrowings                         |     |                            |   -71 |     |      |     49 |   |     |            |    -22 |   |
| Total interest-bearing liabilities |     |                            | 1,191 |     |      |  3,488 |   |     |            |  4,679 |   |
| Change in net interest income      |     | $                          |   897 |     | $    | (1,917 | ) |     | $          | (1,020 | ) |

Liquidity and Capital Resources Liquidity Management. Liquidity describes our ability to meet the financial obligations that arise in the ordinary course of business. Liquidity is primarily needed to meet the borrowing and deposit withdrawal requirements of our customers and to fund current and planned expenditures. Our primary sources of funds are deposits, principal and interest payments on loans and securities, and proceeds from sales, maturities and calls of securities. We also have the ability to borrow from the Federal Home Loan Bank of Pittsburgh. At December 31, 2024, we had the ability to borrow approximately $179.5 million from the Federal Home Loan Bank of Pittsburgh, of which $42.5 million had been advanced in addition to $7.0 million held in reserve to secure three letters of credit to collateralize municipal deposits. Additionally, at December 31, 2024, we had the ability to borrow $7.5 million from the Atlantic Community Bankers Bank, $5.0 million from SouthState Bank, N.A. and we also had access to $1.9 million through the Federal Reserve Bank of Philadelphia discount window at December 31, 2024. We did not borrow against the credit lines with the Atlantic Community Bankers Bank, SouthState Bank, N.A. or the Federal Reserve Bank of Philadelphia during the year ended December 31, 2024, except to do our annual testing on the lines. The