Norwood Financial Corp completes acquisition of PB Bankshares, Inc. and Presence Bank.

Norwood Financial Corp has completed its acquisition of PB Bankshares, Inc. and its subsidiary, Presence Bank, effective January 5, 2026. Presence Bank has been merged into Wayne Bank. PB Bankshares shareholders can choose to receive $19.75 in cash or 0.7850 shares of Norwood common stock for each share of PB Bankshares common stock held, subject to certain allocation and proration procedures.