XML 46 R28.htm IDEA: XBRL DOCUMENT v3.24.0.1

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Summary of Significant Accounting Policies [Abstract]

Schedule of Estimated Useful Lives

		Years
Buildings and improvements		10 - 40
Furniture and equipment		3 - 10

Schedule of Estimated Future Amortization Expense for the Core Deposit Intangible

2024	$	69
2025		54
2026		38
2027		26
2028		19
Thereafter		15
	$	221

Noninterest Income

(dollars in thousands)		2023			2022
Noninterest Income
In-scope of Topic 606:
Service charges on deposit accounts		$	428		$	419
ATM Fees			446			452
Overdraft Fees			1,344			1,155
Safe deposit box rental			92			93
Loan related service fees			584			849
Debit card			2,301			2,496
Fiduciary activities			898			845
Commissions on mutual funds & annuities			296			119
Gain on sales of other real estate owned			80			427
Other income			667			1,906
Noninterest Income (in-scope of Topic 606)			7,136			8,761
Out-of-scope of Topic 606:
Net realized (losses) gains on sales of securities			(209)			3
Loan servicing fees			122			78
Gain on sales of loans			63			3
Earnings on and proceeds from bank-owned life insurance			1,012			1,087
Noninterest Income (out-of-scope of Topic 606)			988			1,171
Total Noninterest Income		$	8,124		$	9,932

Changes from Incurred Loss Model to Expected Credit Loss Model

					January 1, 2023
					Pre-adoption		Adoption Impact		As Reported
Assets
	ACL on debt securities available for sale			$	-	$	-	$	-
	ACL on loans
	Residential real estate				2,833		(1,545)		1,288
	Commercial real estate				8,293		5,527		13,820
	Agricultural				259		(200)		59
	Construction				409		388		797
	Commercial loans				2,445		(1,156)		1,289
	Other agricultural loans				124		3		127
	Consumer				2,636		(551)		2,085
Liabilities
	ACL for unfunded commitments				-		329		329
				$	16,999	$	2,795	$	19,794

X

- Definition

Changes from Incurred loss Model to Expected Credit Loss Model [Table TextBlock].

+ References

No definition available.

+ Details

Name:	nwfl_ChangesFromIncurredLossModelToExpectedCreditLossModelTableTextblock
Namespace Prefix:	nwfl_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the useful lives of the different classes of premises and equipment.

+ References

No definition available.

+ Details

Name:	nwfl_PremisesAndEquipmentScheduleOfUsefulLifeTableTextBlock
Namespace Prefix:	nwfl_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482665/350-30-50-2

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration