Company: NWFL
Filing Date: 2025-03-18
Form Type: DEFA14A
Source: 0001193125-25-056233
Chunk: 1

Company: NORWOOD FINANCIAL CORP
Filing Date: 2025-03-18
Form: DEFA14A
Chunk 1
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 future periods. While this incurred a one-time$20 million loss, we believe the portfolio is better positioned for the current and future interest rate environment. As a result of these actions, the Company is financially stronger and better protected from changes in interest rates. These moves should enhance the future financial performance of the bank.The full-year net interest margin was 2.91% in 2024 versus 3.06% in 2023. Deposit costs were higher in 2024, before the Federal Reserve began to cut rates. Non-GAAPfinancial measures excluding the one-time$20.0 million pre-taxloss include adjusted net income of $15.6 million, adjusted diluted earnings per share of $1.93, adjusted return on average assets of 0.69%, and an adjusted return on tangible equity of 9.97%, for the year ended December 31, 2024. We increased our cash dividend declared in the fourth quarter of 2024 to $0.31 per share, which represents a 3.33% increase compared to the fourth quarter of 2023. This makes 33 consecutive years of an increase in the Company’s cash dividend, a remarkable achievement and a legacy of shareholder value. I encourage you to read the Management’s Discussion and Analysis and the Financial Statement with Footnotes for a full report on our performance.Achieving Strategic Milestones to Build A Brighter Future The opening of our new, state-of-the-artCommunity Oï¬ƒce in Forty Fort, Pennsylvania marked an exciting step forward by enhancing accessibility and delivering modern banking solutions to our customers. Surrounded by notable landmarks that define the city, this new oï¬ƒce brings modern banking services to a historic and cherished location. We were thrilled to embrace this rich legacy while introducing a forward-thinking vision of banking for the people of Forty Fort.Officenk opened a new Community Oï¬ƒce rt, PA. The new oï¬ƒce is located at orner of 983 Wyoming Avenue.Wayne Bank continues to BUILD MOMENTUM in our communities, including the addition of an office in Forty Fort, PA which opened in January 2025.JAMES O. DONNELLY | President & CEO

Wayne Bank was chosen as a Pillar of the Community because of our commitment to providing the communities we serve with innovative banking technologies and tools. By utilizing the First Front Door program, we have funded households and provided down payment and closing cost assistance to eligible first-timehomebuyers.