Penns Woods Bancorp, Inc. (NASDAQ:PWOD) today
reported that net income from core operations (“operating earnings”), which is
a non-GAAP measure of net income excluding net securities gains and losses, increased
to $2,735,000 and $5,185,000 for the three and six months ended June 30, 2010
compared to $2,208,000 and $4,611,000 for the same periods of 2009.