Norwood Financial is the holding company for Wayne Bank, an independent community bank headquartered in Honesdale, Pennsylvania, with $2.4B in total assets and 29 branches across northeastern Pennsylvania and several counties in upstate and central New York. Wayne Bank operates as a traditional community bank: it takes in deposits from individuals, businesses, and municipalities, then lends those funds out at higher rates, earning the spread. Lending spans consumer mortgages, home equity, auto, commercial real estate, C&I, and agricultural loans. Municipal deposits are a notable funding source, running roughly $400-450M and providing a relatively stable, low-cost base, though these fluctuate seasonally with local tax cycles. Wayne Bank also runs a Wealth Management and Trust Department offering estate planning, investment management, and financial planning, managing roughly $214M in AUM on a fee basis. Norwood Financial has grown through a mix of organic loan and deposit growth and acquisitions, completing three deals since 2011 and most recently closing the acquisition of Presence Bank in early 2026, adding four branches in southeastern Pennsylvania and growing total assets by roughly 20%. Wayne Bank holds strong local deposit market share in its rural and semi-rural core markets, where it competes on community presence and relationship banking. Management is also exploring AI tools to improve commercial underwriting efficiency, and maintains a capital allocation approach that balances dividends, balance sheet growth, and opportunistic M&A.