NASDAQ, NWFL - Norwood Financial Corp
Norwood Financial Corp. (the ?Company?), a Pennsylvania corporation, is the
holding company for Wayne Bank. On March 29, 1996, the Bank completed a holding
company reorganization and became a wholly owned subsidiary of the Company. As
of December 31, 2007, the Company had total assets of $480.6 million, deposits
of $370.0 million, and stockholders? equity of $55.8 million. The Company?s
ratio of average equity to average assets was 11.48%, 11.23% and 11.19% for
fiscal years 2007, 2006 and 2005, respectively.
Wayne Bank is a Pennsylvania chartered commercial bank headquartered in
Honesdale, Pennsylvania. The Bank was originally chartered on February 17, 1870
as Wayne County Savings Bank. Wayne County Savings Bank changed its name to
Wayne County Bank and Trust in December 1943. In September 1993, the Bank
adopted the name Wayne Bank. ...
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