Norwood Financial Corp. · NASDAQ:NWFL
Norwood Financial — Hovde Financial Services Conference 2024
15 slides from Norwood Financial's conference presentation, Nov 7, 2024
Slide 1: Norwood Financial Corp Hovde Financial Services Conference November 6-8 2024
Norwood Financial Corp Hovde Financial Services Conference November 6-8 2024 Exhibit 99.1
Slide 2: Forward Looking Statements & Disclaimers
The information disclosed in this document includes various forward-looking statements that are made by Norwood Financial Corp (the “Company”) in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words “anticipates,” “projects,” “intends,” “estimat
Slide 3: Strength. Security. Stability.
Strength. Security. Stability. Norwood Financial Corp is the holding company for Wayne Bank. Founded in 1871, the Bank has 29 Community Offices throughout Pennsylvania and New York, including those offices operating under the Bank of Cooperstown and Bank of the Finger Lakes brands. Employing more th
Slide 4: Growth & Expansion
Growth & Expansion A history of de novo growth and successful acquisitions. 1871 1924 1931 1954 1980 1985 1993 1996 1999 2004 2006 2011 2016 2020 2024 Wayne County Savings Bank opened on November 4, 1871, with the modest capital of $25,000 Existing Corporate Office Built and Opened Acquired Waymart
Slide 5: Financial Highlights
Financial Highlights dollars in thousands
Slide 6: Interest Rate Risk
Interest Rate Risk Lowering Exposure to Interest Rates
Slide 7: Investment Portfolio
Investment Portfolio Highlights ctor Review Table 2 saps Projected 1. Mo CPR beaded Gain or Effective Book Reprice Book Reprice 396,091 Value _% Tot Loss Duration _Vield am Yield (48.760) ‘Agency (Fixed) asst 6% (1874) «3828 a8 273 38 ws ae ik tee ed Ee er eee eT) es a oto eT 7 iw na awa ox th ae a8
Slide 8: Loan Portfolio Diversification
Loan Portfolio Diversification As of Sept. 30, 2024
Slide 9: Commercial Real Estate Components
Commercial Real Estate Components 1-4 Family Rental 10% Investor Real Estate 26% Farmland 8% Multi Family 8% As of Sept. 30, 2024 Owner Occupied 48%
Slide 10: Loan Portfolio Rate Composition
LOAN PORTFOLIO RATE COMPOSITION = Adjustable w Fixed = Floating As of Sept. 30, 2024
Slide 11: Loan Portfolio by Industry
Loan Portfolio by Industry Retail - $634mm Commercial— $1,041mm = Residential Mortgages = Direct Loans _= Indirect Loans “(| & a Ny = Commercial Rentals = Residential Rentals. —_® Hotels/Motels = Builders/Contractors = Dairly Cattle/Milk Prod. = Fuel/Gas Stations = Government Support = Mobile Home P
Slide 12: Credit Performance
Credit Performance $1,700 $1,680 $1,660 $1,640 $1,620 $1,600 $1,580 $1,560 Sep23 Oct-23 Total Loans vs. Percentage of Past Dues (>30 Days) Nov.23 Dec-23 Jan-24 Feb-24 Mar24 pr-24 May-24 — Jun-24 Loans (millions) Due (Right axis) Jul24 Aug24 Sep24 1.60% 1.00% 0.60% 0.00%
Slide 13: Credit Metrics
Credit Metrics 2024 Qi Q Q3 4 Qi Q Q3 Credit Quality Non-Performing Loans/Lo 0.18% 0.20% 0.65% 0.48% 0.23% 047% 0.47% ‘Net Charge Offs/Loans 0.08% 0.06% 0.59% 0.79% 0.08% 0.13% 0.08% ACL/Loans 1.27% 111% 1.00% 1.18% 1.11% 1.08% 1.12% Reserves/NPAS. 635% 484% 149% 6% 470% 233% 237%
Slide 14: Deposits by Type and Channel
Deposits by Type and Channel – As of 9/30/2024* *Note: Non-Maturity Deposits include $52 million in customer Repo accounts that are classified as borrowings on the balance sheet.
Slide 15: Deposit Growth
Deposit Growth Total deposits in the banking industry increased by 2.63% in the past twelve months Wayne Bank grew deposits by 3.83% in the past twelve months Public funds increased by 12.63% Business deposits increased by 2.57% Consumer deposits increased by 2.39% Banking Industry Source: Board of
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