Norwood Financial (Norwood Financial) Allowance For Loans And Lease Losses : $-18.97 Mil (As of Dec. 2023)

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What is Norwood Financial Allowance For Loans And Lease Losses?

Norwood Financial's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-18.97 Mil.

Norwood Financial's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-17.48 Mil) to Sep. 2023 ($-16.09 Mil) but then declined from Sep. 2023 ($-16.09 Mil) to Dec. 2023 ($-18.97 Mil).

Norwood Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-16.44 Mil) to Dec. 2022 ($-17.00 Mil) and declined from Dec. 2022 ($-17.00 Mil) to Dec. 2023 ($-18.97 Mil).

Norwood Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Norwood Financial's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Norwood Financial Allowance For Loans And Lease Losses Chart

Norwood Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-8.51

-13.15

-16.44

-17.00

-18.97

Norwood Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-19.45	-17.48	-16.09	-18.97	-18.02

Norwood Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Norwood Financial Allowance For Loans And Lease Losses Related Terms

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Norwood Financial (Norwood Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Norwood Financial Corp (NAS:NWFL) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

717 Main Street, P.O. Box 269, Honesdale, PA, USA, 18431

Website

https://www.wayne.bank

Norwood Financial Corp is a U.S.-based bank holding company. It offers various personal and business credit services, trust and investment products, and real estate settlement services to consumers, businesses, nonprofit organizations, and municipalities in each of the communities that the bank serves. The bank also manages automated teller machines at its branch location. It serves the Pennsylvanian counties of Wayne, Pike, Monroe, and Lackawanna, as well as Susquehanna County.

Executives

Andrew Forte	director	717 MAIN STREET, HONESDALE PA 18431
James O Donnelly	officer: President & CEO	717 MAIN ST, HONESDALE PA 18431
Jeffrey S Gifford	director	GIFFORD JEFFREY S, 717 MAIN STREET, HONESDALE PA 18431
Joseph W Adams	director	717 MAIN STREET, HONESDALE PA 18431
William S Lance	officer: EVP & CFO	717 MAIN STREET, HONESDALE PA 18431
John F Carmody	officer: EVP & Chief Credit Officer	717 MAIN STREET, HONESDALE PA 18431
Lewis J Critelli	director, officer: President & CEO	P O BOX 269, 717 MAIN ST, HONESDALE PA 18431
Alexandra K Nolan	director	NOLAN ALEXANDRA K, 717 MAIN STREET, HONESDALE PA 18431
Robert J Mancuso	officer: EVP & Chief Credit Officer	717 MAIN STREET, HONESDALE PA 18431
Vincent O'bell	officer: See Remarks	717 MAIN STREET, HONESDALE PA 18431
Davis William W Jr	director, officer: Chairman of the Board	P O BOX 269, 717 MAIN ST, HONESDALE PA 18431
Kenneth A Phillips	director	P O BOX 269, 717 MAIN ST, HONESDALE PA 18431
John H Sanders	officer: Senior Vice President	P O BOX 269, 717 MAIN ST, HONESDALE PA 18431
Susan Campfield	director	717 MAIN STREET, HONESDALE PA 18431
Meg L Hungerford	director	717 MAIN STREET, HONESDALE PA 18431