 HONESDALE, Pa., April 23, 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 record earnings of 5,542,000 for the three months ended March 31, 2021, increasing 80 from the 3,079,000 recorded during the corresponding period of 2020. The increase reflects the benefits derived from the Companys acquisition of UpState New York Bancorp, Inc. UpState, which closed on July 7, 2020. Earnings per share on a fully diluted basis were 0.67 in the first quarter of 2021 compared to 0.49 in the first quarter of 2020. The annualized return on average assets was 1.18 in the first quarter of 2021 and the annualized return on average equity was 11.39, compared to 1.01 and 8.79, respectively, in the first quarter of 2020. 