HONESDALE
Norwood posts notable Q3 gains
The Wayne Bank’s parent company posted net income for the nine months that ended Sept. 30 of $10.6 million, up $267,000 or about 3% from the same period last year.
Earnings per share on a fully diluted bases for Honesdale-based Norwood Financial Corp. were up 4 cents to $1.68 per share during the nine-month period.
Net interest income in the third quarter was up 5% at $10.1 million. Meanwhile other income was down slightly at about $1.9 million.
— JON O’CONNELL