Norwood Financial Corp (Parent Company Only) Financial Information (Tables) - Parent Company [Member]

12 Months Ended

Dec. 31, 2015



	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