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Norwood Financial Corp (Parent Company Only) Financial Information | 12 Months Ended
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Dec. 31, 2015
Norwood Financial Corp (Parent Company Only) Financial Information [Abstract] |
NORWOOD FINANCIAL CORP (PARENT COMPANY ONLY) FINANCIAL INFORMATION | NOTE 17 - NORWOOD FINANCIAL CORP (PARENT COMPANY ONLY) FINANCIAL INFORMATION BALANCE SHEETS
|  | December 31,
|  | 2015 |  | 2014
|  | (In Thousands)
ASSETS |  |  |  |  |  |
Cash on deposit in bank subsidiary |  | $ | 2,151 |  | $ | 1,846
Securities available for sale |  |  | 384 |  |  | 398
Investment in bank subsidiary |  |  | 95,895 |  |  | 94,268
Other assets |  |  | 4,113 |  |  | 3,900
Total assets |  | $ | 102,543 |  | $ | 100,412
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |
Liabilities |  | $ | 1,545 |  | $ | 1,371
Stockholders’ equity |  |  | 100,998 |  |  | 99,041
Total liabilities and stockholders' equity |  | $ | 102,543 |  | $ | 100,412
STATEMENTS OF INCOME
|  | Years Ended December 31,
|  | 2015 |  | 2014 |  | 2013
Income: |  | (In Thousands)
Dividends from bank subsidiary |  | $ | 4,574 |  | $ | 4,377 |  | $ | 4,216
Other interest income |  |  | 11 |  |  | 10 |  |  | 9
|  |  | 4,585 |  |  | 4,387 |  |  | 4,225
Expenses |  |  | 313 |  |  | 346 |  |  | 267
|  |  | 4,272 |  |  | 4,041 |  |  | 3,958
Income tax benefit |  |  | (103) |  |  | (114) |  |  | (88)
|  |  | 4,375 |  |  | 4,155 |  |  | 4,046
Equity in undistributed earnings of subsidiary |  |  | 1,533 |  |  | 3,502 |  |  | 4,419
Net Income |  | $ | 5,908 |  | $ | 7,657 |  | $ | 8,465
Comprehensive Income |  | $ | 5,934 |  | $ | 10,721 |  | $ | 3,066
STATEMENTS OF CASH FLOWS
|  | Years Ended December 31,
|  | 2015 |  | 2014 |  | 2013
|  | (In Thousands)
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |  |  |  |  |  |  |
Net income |  | $ | 5,908 |  | $ | 7,657 |  | $ | 8,465
Adjustments to reconcile net income to |  |  |  |  |  |  |  |  |
net cash provided by operating activities: |  |  |  |  |  |  |  |  |
Undistributed earnings of bank subsidiary |  |  | (1,533) |  |  | (3,502) |  |  | (4,419)
Other, net |  |  | (19) |  |  | 177 |  |  | (247)
Net Cash Provided by Operating Activities |  |  | 4,356 |  |  | 4,332 |  |  | 3,799
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |  |  |  |  |  |  |
Stock options exercised |  |  | 441 |  |  | 691 |  |  | 575
Tax benefit of stock options exercised |  |  | 16 |  |  | 17 |  |  | 39
ESOP purchase of shares from treasury stock |  |  | 146 |  |  | 150 |  |  | 146
Acquisition of treasury stock |  |  | (127) |  |  | (179) |  |  | (319)
Cash dividends paid |  |  | (4,527) |  |  | (4,370) |  |  | (4,155)
Net Cash Used in Financing Activities |  |  | (4,051) |  |  | (3,691) |  |  | (3,714)
Net Increase (Decrease) in Cash and Cash Equivalents |  |  | 305 |  |  | 641 |  |  | 85
CASH AND CASH EQUIVALENTS - BEGINNING |  |  | 1,846 |  |  | 1,205 |  |  | 1,120
CASH AND CASH EQUIVALENTS - ENDING |  | $ | 2,151 |  | $ | 1,846 |  | $ | 1,205

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51664549&loc=d3e5283-111683 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 + Details
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