Penns Woods Bancorp, Inc. (NASDAQ:PWOD) today reported that net income
from core operations (“operating earnings”), which excludes net security
gains and losses, increased to $2,383,000 and $8,913,000 for the three
and twelve months ended December 31, 2007 compared to $2,100,000 and
$8,539,000 for the same periods of 2006.