Detail akcie Penns Woods Banc online

Business Summary: Penns Woods Bancorp, Inc. is a bank holding company. The Company operates, through its subsidiaries, namely Jersey Shore State Bank (JSSB) and Luzerne Bank (Luzerne) (the Banks). The Banks engage in business as commercial banks, doing business at locations in Lycoming, Clinton, Centre, Montour, Union, Blair, and Luzerne Counties, Pennsylvania. The Banks offers insurance, securities brokerage services, annuity and mutual fund investment products, and financial planning through the M Group, Inc. doing business as The Comprehensive Financial Group (M Group). Services offered by the Banks include accepting time, demand and savings deposits, including Super NOW accounts, statement savings accounts, money market accounts, and others. The Banks services also include making secured and unsecured business and consumer loans. Its subsidiaries also include Woods Real Estate Development Co., Inc., Woods Investment Company, Inc., The M Group Inc. and United Insurance Solutions, LLC.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Penns Woods Bancorp, Inc. interest income increased 41% to $91.6M. Net interest income after loan loss provision remained flat at $55.9M. Net income decreased 5% to $16.6M. Net interest income after loan loss provision reflects Community Banking segment increase from $0K to $55.9M, also reflect Net Interest Margin, Total - % decrease of 14% to 2.8%, Net Interest Spread.