0000946275-18-000060.txt : 20180914 0000946275-18-000060.hdr.sgml : 20180914 20180914083334 ACCESSION NUMBER: 0000946275-18-000060 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180914 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20180914 DATE AS OF CHANGE: 20180914 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORWOOD FINANCIAL CORP CENTRAL INDEX KEY: 0001013272 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 232828306 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28364 FILM NUMBER: 181070159 BUSINESS ADDRESS: STREET 1: 717 MAIN ST STREET 2: PO BOX 269 CITY: HONESDALE STATE: PA ZIP: 18431 BUSINESS PHONE: 7172531455 8-K 1 f8k_091418-0160.htm FORM 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 8‑K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

 
Date of Report (Date of earliest event reported)
September 14, 2018
  
     

Norwood Financial Corp.
(Exact name of registrant as specified in its charter)

Pennsylvania
  
0-28364
  
23-2828306
  
(State or other jurisdiction
  
(Commission File
  
(IRS Employer
  
of incorporation)
  
Number)
  
Identification No.)
  

717 Main Street, Honesdale, Pennsylvania
  
18431
  
(Address of principal executive offices)
  
(Zip Code)
  

Registrant's telephone number, including area code:
(570) 253-1455
  
     

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below)

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
 
NORWOOD FINANCIAL CORP.

INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01.  Other Events

On September 14, 2018, the Registrant announced that its Board of Directors had declared a quarterly cash dividend of $.22 per share payable on November 1, 2018 to shareholders of record as of October 15, 2018.  For further information, reference is made to the Registrant's press release, dated September 14, 2018, which is furnished as Exhibit 99.1 hereto.

Item 9.01.  Financial Statements and Exhibits

(d)
  
The following exhibits are furnished with this report.
           
   
Number
  
Description
  
           
   
99.1
    


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


       
NORWOOD FINANCIAL CORP.
 
         
Date:
September 14, 2018
  
By:
 /s/ William S. Lance 
       
William S. Lance
       
Executive Vice President and Chief Financial Officer
       
(Duly Authorized Representative)









EX-99.1 2 ex99-1.htm PRESS RELEASE, DATED SEPTEMBER 14, 2018



NORWOOD FINANCIAL CORP
ANNOUNCES CASH DIVIDEND

HONESDALE, PENNSYLVANIA – SEPTEMBER 14, 2018

Lewis J. Critelli, President and Chief Executive Officer of Norwood Financial Corp (NASDAQ Global Market: NWFL) and its subsidiary, Wayne Bank, today announced that the Board of Directors declared a $.22 per share cash dividend payable November 1, 2018 to shareholders of record as of October 15, 2018.  The $.22 per share matches the per share dividend declared in the prior quarter and the same period of last year.
 
Mr. Critelli commented, "The Board is extremely pleased to provide our shareholders with this quarterly dividend.  It reflects the Company's financial strength and strong capital position which has contributed to our solid performance."
 
Norwood Financial Corp, through its subsidiary, Wayne Bank operates fourteen offices in Northeastern Pennsylvania and twelve offices in Delaware and Sullivan Counties, New York.  As of June 30, 2018, Norwood had total assets of $1.2 billion, loans outstanding of $803.8 million, total deposits of $950.9 million and total capital of $115.5 million.  The Company's stock is traded on the Nasdaq Global Market under the symbol "NWFL".
 

Forward-Looking Statements
 
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 readers should not place undue reliance on any forward-
 
 
 
looking statements.  Those risks and uncertainties include changes in federal and state laws, changes in the absolute and relative levels of interest rates, the ability to control costs and expenses, demand for real estate, costs associated with cybercrime, general economic conditions and the effectiveness of governmental responses thereto.  Norwood Financial Corp. does not undertake and specifically disclaims any obligation to publicly 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.
 
 
Contact:
  
William Lance
   
Executive Vice President and Chief Financial Officer
   
NORWOOD FINANCIAL CORP
   
(570) 253-8505
   
www.waynebank.com