v3.25.3

Consolidated Balance Sheets - USD ($)	Sep. 30, 2025	Dec. 31, 2024
ASSETS
Cash and due from banks	$ 50,348,000	$ 27,562,000
Interest-bearing deposits with banks	24,382,000	44,777,000
Cash and cash equivalents	74,730,000	72,339,000
Securities available for sale, at fair value (net of allowance for credit losses of $0)	403,989,000	397,846,000
Loans receivable (net of allowance for credit losses of $19,911 and $19,843)	1,794,771,000	1,693,795,000
Regulatory stock, at cost	6,163,000	13,366,000
Bank premises and equipment, net	22,292,000	19,657,000
Bank owned life insurance	45,821,000	46,657,000
Accrued interest receivable	8,686,000	8,466,000
Deferred tax assets, net	16,528,000	17,696,000
Goodwill	29,266,000	29,266,000
Other intangibles	109,000	152,000
Other assets	9,596,000	18,222,000
TOTAL ASSETS	2,411,951,000	2,317,462,000
Deposits:
Non-interest bearing demand	424,027,000	381,479,000
Interest-bearing	1,649,941,000	1,477,684,000
Total deposits	2,073,968,000	1,859,163,000
Short-term borrowings		113,069,000
Other borrowings	72,071,000	101,793,000
Accrued interest payable	9,823,000	12,615,000
Other liabilities	21,184,000	17,314,000
TOTAL LIABILITIES	2,177,046,000	2,103,954,000
STOCKHOLDERS' EQUITY
Preferred stock, no par value per share, authorized: 5,000,000 shares; issued: none
Common stock, $0.10 par value per share, authorized: 20,000,000 shares, issued: 2025: 9,491,558 shares, 2024: 9,487,068 shares	949,000	949,000
Surplus	127,190,000	126,514,000
Retained earnings	136,662,000	124,963,000
Treasury stock at cost: 2025: 229,233 shares; 2024: 214,161 shares	(6,188,000)	(5,797,000)
Accumulated other comprehensive loss	(23,708,000)	(33,121,000)
TOTAL STOCKHOLDERS’ EQUITY	234,905,000	213,508,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 2,411,951,000	$ 2,317,462,000

Amount, after tax, of accumulated increase (decrease) in equity from transaction and other event and circumstance from nonowner source.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-11

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (h)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30)(a)(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(23)(a)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14

NORWOOD FINANCIAL CORP 10-Q