Norwood Financial : Annual Meeting Presentation 2024

• 2023 Results
• First Quarter 2024
• Looking Forward

The foregoing material may contain forward-looking statements. We caution that such statements may be subject to a number of uncertainties and actual results could differ materially, and therefore, you should not place undue reliance on any forward-looking statements. Norwood Financial Corp does not undertake and specifically disclaims any obligation to publically release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

• Loan yield increased 73 basis points to 5.46%
• Yield on total interest-earning assets increased 78 basis points to 4.68%
• Total interest-bearing liabilities increased 169 basis points to 2.21%
  ▪ Including 147 basis point increase in cost of deposits
• Cost of certificates of deposit increased 228 basis points to 3.25%
• $26 million increase in cost of funds

• NWFL yield on loans increased 73 basis points
• National Peer Banks yield on loans increased 99 basis points
• NWFL yield cost of deposits increased 147 basis points
• National Peer Banks cost of deposits increased 158 basis points