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CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS:    
Noninterest-bearing balances $ 31,211 $ 24,325
Interest-bearing balances in other financial institutions 42,385 42,417
Total cash and cash equivalents 73,596 66,742
Investment debt securities, available for sale, at fair value 141,762 134,285
Investment equity securities, at fair value 1,819 1,776
Investment securities, trading 42 36
Restricted investment in bank stock, at fair value 15,725 18,862
Loans held for sale 1,787 2,929
Loans 1,384,470 1,384,757
Allowance for loan losses (13,792) (13,837)
Loans, net 1,370,678 1,370,920
Premises and equipment, net 33,270 27,580
Accrued interest receivable 5,542 5,334
Bank-owned life insurance 28,812 28,627
Goodwill 17,104 17,104
Intangibles 1,091 1,162
Operating lease right-of-use asset 4,239 0
Deferred tax asset 4,241 5,154
Other assets 5,000 4,260
TOTAL ASSETS 1,704,708 1,684,771
LIABILITIES:    
Interest-bearing deposits 987,404 899,089
Noninterest-bearing deposits 321,657 320,814
Total deposits 1,309,061 1,219,903
Short-term borrowings 84,499 167,865
Long-term borrowings 144,631 138,942
Accrued interest payable 1,278 1,150
Operating lease liability 4,241 0
Other liabilities 13,962 13,367
TOTAL LIABILITIES 1,557,672 1,541,227
SHAREHOLDERS’ EQUITY:    
Preferred stock, no par value, 3,000,000 shares authorized; no shares issued 0 0
Common stock, par value $8.33, 15,000,000 shares authorized; 5,012,273 and 5,011,698 shares issued; 4,692,123 and 4,691,548 outstanding 41,767 41,763
Additional paid-in capital 50,890 50,737
Retained earnings 71,526 69,787
Accumulated other comprehensive gain (loss):    
Net unrealized gain (loss) on available for sale securities 197 (1,360)
Defined benefit plan (5,239) (5,276)
Treasury stock at cost, 320,150 (12,115) (12,115)
TOTAL PENNS WOODS BANCORP, INC. SHAREHOLDERS' EQUITY 147,026 143,536
Non-controlling interest 10 8
TOTAL SHAREHOLDERS' EQUITY 147,036 143,544
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,704,708 $ 1,684,771