 HONESDALE, Pa., Jan. 27, 2021 GLOBE NEWSWIRE -- Lewis J. Critelli, President and Chief Executive Officer of Norwood Financial Corp Nasdaq Global Market NWFL and its subsidiary Wayne Bank, announced earnings for the three months ended December 31, 2020 of 5,513,000 compared to 3,596,000 earned in the corresponding period of 2019. The increase in earnings reflects the benefits derived from the Companys acquisition of UpState New York Bancorp, Inc. UpState, which closed on July 7, 2020. For the year ended December 31, 2020 net income totaled 15,080,000, an increase of 865,000 from the 14,215,000 earned in the prior year. The increase reflects the benefits derived from the acquisition of UpState, which offset a 4,200,000 increase in the provision for loan losses and 2,049,000 of merger related expenses. 