Norwood Financial NWFL Foreclosed Real Estate Expense
Foreclosed Real Estate Expense at other companies
Other financials
Where this comes from
Reported directly by Norwood Financial in its filing.
Tagged under the XBRL concept us-gaap:ForeclosedRealEstateExpense.
The official record: Norwood Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Norwood Financial's foreclosed real estate expense?
- Norwood Financial (NWFL) reported foreclosed real estate expense of $36K in Q1 2026.
- How has Norwood Financial's foreclosed real estate expense changed year-over-year?
- Norwood Financial's foreclosed real estate expense increased by 800.0% year-over-year, from $4K to $36K.
- What is the long-term trend for Norwood Financial's foreclosed real estate expense?
- Over 2 years (2021 to 2023), Norwood Financial's foreclosed real estate expense has grown at a -7.9% compound annual growth rate (CAGR), from $152K to $129K.
- What does foreclosed real estate expense mean?
- Costs associated with the maintenance, management, and eventual disposition of real estate properties acquired through loan defaults. This metric serves as an indicator of credit quality and the effectiveness of the bank's loan underwriting processes. Elevated expenses in this category suggest higher levels of non-performing assets.