Norwood Financial Corp. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company announced total interest income of $6,898,000 compared to $7,000,000 for the same period a year ago. Net interest income was $6,105,000 compared to $6,145,000 for the same period a year ago. Income before tax was $2,015,000 compared to $2,957,000 for the same period a year ago. Net income was $1,541,000 compared to $2,181,000 for the same period a year ago. Basic and diluted earnings per share were $0.42 compared to $0.60 for the same period a year ago. Return on average assets was 0.86% compared to 1.23% for the same period a year ago. Return on average equity was 6.17% compared to 9.33% for the same period a year ago.

For the full year, the company announced total interest income of $27,768,000 compared to $28,259,000 for the same period a year ago. Net interest income was $24,560,000 compared to $24,661,000 for the same period a year ago. Income before tax was $10,263,000 compared to $11,171,000 for the same period a year ago. Net income was $7,657,000 compared to $8,465,000 for the same period a year ago. Basic and diluted earnings per share were $2.10 compared to $2.33 for the same period a year ago. Return on average assets was 1.08% compared to 1.23% for the same period a year ago. Return on average equity was 7.92% compared to 9.13% for the same period a year ago. Book value per share at the end of the period was $26.30 compared to $25.43 for the same period a year ago.