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, was $2,257,000
and $6,868,000 for the three and nine months ended September 30, 2009
compared to $2,545,000 and $6,873,000 for the same periods of 2008.