PENNS WOODS BANCORP INC

Overview

• IndustryState Commercial Banks¹
• HeadquartersJersey Shore, Pennsylvania¹
• Incorporated inPA²
• Business address115 S Main St, Jersey Shore, Pa 17740²
• Filer categoryNon-accelerated filer, Smaller reporting company²

See how the biggest companies compare on our leaderboards

On January 7, 1983, Penns Woods Bancorp, Inc. (the “Corporation”) was incorporated under the laws of the Commonwealth of Pennsylvania as a bank holding company. In connection with the organization of the Corporation, Jersey Shore State Bank ("JSSB"), a Pennsylvania state-chartered bank, became a wholly owned subsidiary of the Corporation. On June 1, 2013, the Corporation acquired Luzerne Bank ("Luzerne") with Luzerne operating as a subsidiary of the Corporation (JSSB and Luzerne are collectively referred to as the "Banks"). The Corporation’s three other wholly-owned subsidiaries are Woods Real Estate Development Company, Inc., Woods Investment Company, Inc., and United Insurance Solutions, LLC ("UIS"). The Corporation’s business has consisted primarily of managing and supervising the Banks, and its principal source of income has been dividends paid by the Banks and Woods Investment Compa…⁴ From its latest annual report

Corporate structure

PENNS WOODS BANCORP INC sits at the top of its group. 7 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What PENNS WOODS BANCORP INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Properties, in its own words

The Corporation owns or leases its properties. Listed herewith are the locations of properties owned or leased as of December 31, 2024, in which the banking offices are located; all properties are in good condition and adequate for the Corporation's purposes:

Jersey Shore State Bank & Subsidiaries

Item 2 of the 10-K filed Mar 13, 2025.⁴

Leadership

Who has led PENNS WOODS BANCORP INC, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerRobert Neher May 1, 2025 to now¹³
• Chief executive officerKaren S. Young Jul 31, 2019 to May 1, 2025¹⁴
• Chief executive officerRichard A. Grafmyre Nov 4, 2010 to Jul 31, 2019¹⁵
• Chief executive officerRonald A. Walko Jan 9, 2006 to Feb 8, 2010¹⁶
• ChairRonald A. Walko Feb 4, 2011 to Feb 8, 2013¹⁷
• PresidentRobert Neher Mar 3, 2021 to now¹⁸
• PresidentKaren S. Young Jul 31, 2019 to Mar 3, 2021¹⁴
• PresidentBrian L. Knepp Feb 2, 2018 to Jul 31, 2019¹⁹
• PresidentRobert J. Glunk Feb 11, 2015 to Aug 28, 2015²⁰
• PresidentRichard A. Grafmyre Nov 4, 2010 to Feb 4, 2019¹⁵
• PresidentRonald A. Walko Jan 9, 2006 to Feb 8, 2010¹⁶
• Chief financial officerBrian L. Knepp Feb 3, 2009 to now²¹
• Chief operating officerMichelle M. Karas Mar 10, 2016 to Feb 1, 2022²²
• Chief operating officerRobert J. Glunk Apr 26, 2012 to Feb 5, 2014²³

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• Jersey Shore State Bank Pennsylvania³
• Luzerne Bank Pennsylvania³
• The M Group (subsidiary of the Jersey Shore State Bank) Pennsylvania³
• United Insurance Solutions, LLC Pennsylvania³
• Woods Investment Company, Inc. Delaware³
• Woods Real Estate Development Company, Inc. Pennsylvania³

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

1. Jul 28, 20258-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights⁴⁹
2. May 1, 2025New chief executive Robert Neher becomes CEO¹³
3. Apr 25, 20258-K Results of operations⁵⁰
4. Apr 23, 20258-K Shareholder vote⁵¹
5. Jan 29, 20258-K Results of operations⁵²
6. Dec 20, 20248-K Entered a material agreement⁵³
7. Dec 17, 20248-K Regulation FD disclosure; Other events⁵⁴
8. Nov 26, 20248-K Regulation FD disclosure⁵⁵
9. Oct 24, 20248-K Results of operations⁵⁶
10. Aug 30, 20248-K Regulation FD disclosure⁵⁷
11. Jul 25, 20248-K Results of operations⁵⁸
12. Jun 4, 20248-K Executive or director change⁵⁹
13. May 30, 20248-K Regulation FD disclosure⁶⁰
14. Jul 31, 2019New chief executive Karen S. Young becomes CEO¹⁴
15. Nov 4, 2010New chief executive Richard A. Grafmyre becomes CEO¹⁵
16. Jan 9, 2006New chief executive Ronald A. Walko becomes CEO¹⁶

Calendar

When it reported results

1. Apr 25, 2025Reported quarterly or annual results⁵⁰
2. Jan 29, 2025Reported quarterly or annual results⁵²
3. Oct 24, 2024Reported quarterly or annual results⁵⁶
4. Jul 25, 2024Reported quarterly or annual results⁵⁸
5. Apr 25, 2024Reported quarterly or annual results⁶¹
6. Jan 29, 2024Reported quarterly or annual results⁶²
7. Oct 25, 2023Reported quarterly or annual results⁶³
8. Jul 25, 2023Reported quarterly or annual results⁶⁴

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

369 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 40 major events, 286 insider forms, 3 large holders, 25 other. The latest 20:

1. Aug 8, 202515-12G EDGAR
2. Jul 29, 2025EFFECT EDGAR
3. Jul 29, 2025SCHEDULE 13G EDGAR
4. Jul 28, 202525-NSE EDGAR
5. Jul 28, 20254 EDGAR
6. Jul 28, 20254 EDGAR
7. Jul 28, 20254 EDGAR
8. Jul 28, 20254 EDGAR
9. Jul 28, 20254 EDGAR
10. Jul 28, 20254 EDGAR
11. Jul 28, 20254 EDGAR
12. Jul 28, 20254 EDGAR
13. Jul 28, 20254 EDGAR
14. Jul 28, 20254 EDGAR
15. Jul 28, 20254 EDGAR
16. Jul 28, 20254 EDGAR
17. Jul 28, 20254 EDGAR
18. Jul 28, 20254 EDGAR
19. Jul 28, 20254 EDGAR
20. Jul 28, 20254 EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

53 open-market trades by officers, directors and large owners since October 2021: 53 buys and 0 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• VANGUARD GROUP INCSCHEDULE 13G, 1 filing Jul 29, 2025⁶⁵

SEC filer profile

How PENNS WOODS BANCORP INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARPENNS WOODS BANCORP INC¹
• CIK0000716605
• Employer ID (EIN)23-2226454⁴
• Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company⁴
• Incorporated inPennsylvania⁴
• Fiscal year endsDecember 31¹
• Industry code (SIC)6022 State Commercial Banks¹
• SEC reviewing officeOffice of Finance, Division of Corporation Finance¹
• Business address115 S Main St, Jersey Shore, PA 17740¹
• Phone570-322-1111¹
• Shares outstanding7,614,214 as of May 1, 2025¹⁰
• Public float$155.0M as of Jun 30, 2024⁴
• AuditorS.R. Snodgrass, P.C., Cranberry Township, Pennsylvania PCAOB ID 74; no auditor attestation of internal control over financial reporting⁴
• On EDGAR sinceAug 11, 1995¹
• Filings1,104 in all: 4 (425), 5 (229), 8-K (173), 10-Q (90), 10-K (30), DEF 14A (29), 3 (20), 4/A (19)¹
  All 36 form types

  ARS (9), CORRESP (8), UPLOAD (8), 8-K/A (6), 5/A (5), S-8 (5), S-8 POS (5), 144 (4), 425 (4), DEFA14A (4), SC 13G (4), EFFECT (3), PRE 14A (3), SC 13G/A (3), 10-K/A (2), 424B3 (2), S-4 (2), S-4/A (2), 15-12G (1), 25-NSE (1), 424B5 (1), DEFM14A (1), DEFR14A (1), POS AM (1), S-3 (1), S-3D (1), S-3DPOS (1), SCHEDULE 13G (1)

• Latest filingsAnnual report (10-K) Mar 13, 2025
  Quarterly report (10-Q) May 13, 2025
  Proxy statement (DEF 14A) Mar 26, 2024
  Latest 8-K (8-K) Jul 28, 2025

Securities registered for trading

From the cover page of the 10-K filed Mar 13, 2025 (Section 12(b) of the Exchange Act).⁴

Risk factors and legal proceedings

The risks PENNS WOODS BANCORP INC names in Item 1A of its 10-K filed Mar 13, 2025: 18 risks under these headings, as written.⁴

• Risks Related to our Business
• Changes in interest rates could reduce our income, cash flows and asset values.
• Economic conditions either nationally or locally in areas in which our operations are concentrated may adversely affect our business.
• Many of our loans are secured, in whole or in part, with real estate collateral which is subject to declines in value.
• Our information systems may experience an interruption or breach in security.
• We face the risk of cyber-attack to our computer systems.
• Competition may decrease our growth or profits.
• The value of certain investment securities is volatile and future declines or other-than-temporary impairments could materially adversely affect our future earnings and regulatory capital.
• We may be adversely affected by government regulation.
• We rely on our management and other key personnel, and the loss of any of them may adversely affect our operations.
• Environmental liability associated with lending activities could result in losses.
• Failure to implement new technologies in our operations may adversely affect our growth or profits.

Legal proceedings

The Corporation is subject to lawsuits and claims arising out of its business in the ordinary course. In the opinion of management, after review and consultation with counsel, there are no legal proceedings currently pending or threatened that are reasonably likely to have a material adverse effect on the consolidated financial position or results of operations of the Corporation.

The opening of Item 3, Legal Proceedings.⁴