Company: NWFL
Filing Date: 2025-10-08
Form Type: S-4/A
Source: 0001193125-25-234244
Chunk: 16

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-10-08
Form: S-4/A
Chunk 16
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 is attached as Annex A to this proxy statement/prospectus. We have included page references in parentheses to direct you to the appropriate place in this proxy statement/prospectus for a more complete description of the topics presented in this summary. This summary and the rest of this document contain forward-looking statements about events that are not certain to occur, and you should not place undue reliance on those statements. Please carefully read “Cautionary Statement Regarding Forward-Looking Statements.”

The Parties

Norwood Financial Corp

717 Main Street

Honesdale, Pennsylvania 18431

(570) 253-1455

Norwood, a Pennsylvania corporation, was incorporated in 1995 to become the holding company for Wayne Bank. The Company is a registered bank
holding company subject to regulation and supervision by the Board of Governors of the Federal Reserve System (“Federal Reserve”) and the Pennsylvania Department of Banking and Securities.

Wayne Bank is a Pennsylvania chartered bank and trust company headquartered in Honesdale, Pennsylvania. Wayne Bank was originally chartered on
February 17, 1870, as Wayne County Savings Bank and changed its name to Wayne County Bank and Trust in December 1943. In September 1993, it adopted the name Wayne Bank. Wayne Bank’s deposits are currently insured to applicable limits by
the Federal Deposit Insurance Corporation (“FDIC”). The Bank is regulated and examined by the Pennsylvania Department of Banking and Securities and the FDIC. The Bank is an independent community bank with sixteen offices in Northeastern
Pennsylvania and fourteen offices in Delaware, Sullivan, Ontario, Otsego and Yates Counties, New York. Wayne Bank offers a wide variety of personal and business credit services and trust and investment products and real estate settlement services to
the consumers, businesses, nonprofit organizations, and municipalities in each of the communities that it serves. Wayne Bank operates automated teller machines at thirty branch facilities plus one machine at an
off-site location.

Norwood maintains a website at wayne.bank. Norwood’s common stock is
traded on the NASDAQ Global Market under the symbol “NWFL.” At June 30, 2025, Norwood had total assets of $2.365 billion, total loans receivable of $1.790 billion, deposits of $1.997 billion, and stockholders’
equity of $225.4 million.

PB Bankshares, Inc.

185 East Lincoln Highway

Coatesville, Pennsylvania 19320

(610) 384-8282

PB Bankshares,