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 $2,776,000 and $7,961,000
for the three and nine months ended September 30, 2010 compared to $2,257,000 and
$6,868,000 for the same periods of 2009.