Company: NWFL
Filing Date: 2025-10-28
Form Type: 424B3
Source: 0001193125-25-252482
Chunk: 235

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-10-28
Form: 424B3
Chunk 235
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 | December 31, 2024 |       |     |                 |   |     |            |       |     |                |    |
|:--------------------------------|:----|:------------------|------:|:----|:----------------|:--|:----|:-----------|------:|:----|:---------------|---:|
|                                 |     | Real Estate       
 Secured           
 Loans             |       |     | Non-Real Estate 
 Secured Loans   |   |     | Total      
 Collateral 
 Dependent  
 Loans      |       |     | Allowance for  
 Credit Losses- 
 Loans          |    |
| Real estate:                    |     |                   |       |     |                 |   |     |            |       |     |                |    |
| One- to four-family residential |     | $                 |   318 |     | $               | — |     | $          |   318 |     | $              |  — |
| Commercial                      |     |                   | 1,472 |     |                 | — |     |            | 1,472 |     |                | 92 |
| Construction                    |     |                   |     — |     |                 | — |     |            |     — |     |                |  — |
| Commercial and industrial       |     |                   |   159 |     |                 | — |     |            |   159 |     |                |  — |
| Consumer and other              |     |                   |     — |     |                 | — |     |            |     — |     |                |  — |
| Total                           |     | $                 | 1,949 |     | $               | — |     | $          | 1,949 |     | $              | 92 |

F-54

A loan is considered “substandard” if it is inadequately protected by the current net worth and
paying capacity of the obligor or of the collateral pledged, if any. “Substandard” loans include those characterized by the “distinct possibility” that the Company will sustain “some loss” if the deficiencies are
not corrected. Loans classified as “doubtful” have all of the weaknesses inherent in those classified “substandard,” with the added characteristic that the weaknesses present make “collection or liquidation in
full,” on the basis of currently existing facts, conditions, and values, “highly questionable and improbable.” Loans classified as “