Penns woods bancorp inc (PWOD)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
INTEREST AND DIVIDEND INCOME:
Loans, including fees

60,172

60,384

60,423

58,979

56,676

54,000

51,363

49,287

47,399

45,833

44,336

42,971

42,328

42,056

41,559

40,880

40,166

39,134

38,409

37,845

37,005

36,495

36,120

36,033

34,398

32,353

29,674

26,809

25,826

25,372

25,382

25,363

25,213

25,187

25,193

25,264

0

0

0

Investment securities:
Taxable

4,073

3,997

3,785

3,500

3,172

2,784

2,415

2,255

2,186

2,182

2,265

2,313

2,344

2,424

2,522

2,750

3,034

3,426

3,777

4,146

4,667

5,111

5,576

5,948

6,049

6,034

5,983

5,899

5,909

5,940

5,923

5,882

5,776

5,677

5,659

5,619

0

0

0

Tax-exempt

631

660

702

742

793

860

956

1,068

1,161

1,218

1,236

1,246

1,321

1,498

1,810

2,157

2,503

2,795

2,980

3,141

3,289

3,453

3,709

3,996

4,266

4,602

4,855

5,070

5,291

5,429

5,512

5,509

5,398

5,260

5,141

5,075

0

0

0

Dividend and other interest income

1,625

1,733

1,685

1,488

1,338

1,102

914

788

750

744

760

779

776

835

839

806

750

769

743

714

713

547

503

450

375

310

300

322

336

366

352

321

292

252

228

214

0

0

0

TOTAL INTEREST AND DIVIDEND INCOME

66,501

66,774

66,595

64,709

61,979

58,746

55,648

53,398

51,496

49,977

48,597

47,309

46,769

46,813

46,730

46,593

46,453

46,124

45,909

45,846

45,674

45,606

45,908

46,427

45,088

43,299

40,812

38,100

37,362

37,107

37,169

37,075

36,679

36,376

36,221

36,172

0

0

0

INTEREST EXPENSE:
Deposits

12,178

11,443

10,335

8,829

7,448

6,370

5,486

4,885

4,403

4,083

3,891

3,742

3,615

3,547

3,425

3,316

3,220

3,129

3,076

3,024

2,980

2,995

3,062

3,169

3,188

3,221

3,254

3,301

3,475

3,645

3,833

4,085

4,333

4,566

4,988

5,385

0

0

0

Short-term borrowings

210

793

1,543

2,064

2,138

1,757

1,199

702

454

234

44

20

24

46

79

103

123

116

100

74

58

54

50

61

71

81

100

122

128

137

145

165

179

202

234

232

0

0

0

Long-term borrowings

3,815

3,723

3,524

3,271

3,058

2,809

2,384

2,035

1,742

1,580

1,713

1,803

1,922

1,974

1,979

1,940

1,942

1,974

1,958

1,989

1,968

1,913

1,913

1,903

1,912

1,962

2,032

2,190

2,328

2,429

2,538

2,652

2,774

2,888

3,116

3,292

0

0

0

TOTAL INTEREST EXPENSE

16,203

15,959

15,402

14,164

12,644

10,936

9,069

7,622

6,599

5,897

5,648

5,565

5,561

5,567

5,483

5,359

5,285

5,219

5,134

5,087

5,006

4,962

5,025

5,133

5,171

5,264

5,386

5,613

5,931

6,211

6,516

6,902

7,286

7,656

8,338

8,909

0

0

0

NET INTEREST INCOME

50,298

50,815

51,193

50,545

49,335

47,810

46,579

45,776

44,897

44,080

42,949

41,744

41,208

41,246

41,247

41,234

41,168

40,905

40,775

40,759

40,668

40,644

40,883

41,294

39,917

38,035

35,426

32,487

31,431

30,896

30,653

30,173

29,393

28,720

27,883

27,263

0

0

0

Provision for Loan and Lease Losses

3,125

2,735

1,795

1,915

1,935

1,735

1,100

680

560

730

935

1,133

1,176

1,196

1,346

1,608

1,950

2,300

3,425

3,365

3,065

2,850

1,845

1,985

2,260

2,275

2,400

2,400

2,425

2,525

2,700

2,700

2,700

2,700

2,500

2,300

0

0

0

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

47,173

48,080

49,398

48,630

47,400

46,075

45,479

45,096

44,337

43,350

42,014

40,611

40,032

40,050

39,901

39,626

39,218

38,605

37,350

37,394

37,603

37,794

39,038

39,309

37,657

35,760

33,026

30,087

29,006

28,371

27,953

27,473

26,693

26,020

25,383

24,963

0

0

0

NON-INTEREST INCOME:
Service charges, insurance commissions, brokerage commissions, and debit card fees

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Securities, Available-for-sale, Realized Gain (Loss)

648

640

170

-41

-25

-47

285

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity Securities, FV-NI, Gain (Loss)

66

89

-82

-77

-93

-170

-44

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Securities, Trading, Gain (Loss)

-5

19

6

18

10

3

8

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges

-

-

-

-

-

-

-

-

-

-

-

2,243

2,245

-

2,289

2,325

2,362

2,383

2,369

2,368

2,377

2,419

2,478

2,529

2,460

2,307

2,151

1,969

1,889

1,894

1,877

1,896

1,965

2,021

2,100

2,129

0

0

0

Net debt securities gains (losses), available for sale

648

640

170

-41

-25

-47

96

420

394

600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net equity securities gains (losses)

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net securities (losses) gains, trading

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net securities gains, available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

2,336

2,786

1,682

1,285

1,685

1,246

1,085

621

251

299

0

0

0

Securities (losses) gains, trading

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69

28

18

-22

-37

-4

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Realized and Unrealized Gain (Loss) on Trading Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank Owned Life Insurance Income

598

574

600

622

657

662

663

664

667

666

666

672

672

684

696

706

716

720

728

731

741

923

932

946

909

677

612

551

540

670

677

687

693

599

604

584

0

0

0

Gain (Loss) on Sale of Mortgage Loans

1,882

1,754

1,711

1,526

1,579

1,518

1,411

1,468

1,571

1,674

1,727

1,930

1,993

2,102

2,129

1,995

1,911

1,743

1,795

1,873

1,812

1,803

1,547

1,496

1,377

1,438

1,537

1,513

1,554

1,386

1,333

1,165

1,064

1,130

1,052

1,023

0

0

0

Insurance commissions

-

-

-

-

-

-

-

-

-

-

-

679

780

-

762

749

753

781

854

881

960

1,146

1,202

1,276

1,240

1,084

1,101

1,110

1,179

1,357

1,356

1,302

1,166

933

860

892

0

0

0

Brokerage commissions

-

-

-

-

-

-

-

-

-

-

-

1,263

1,174

-

1,045

1,052

1,074

1,064

1,109

1,094

1,051

1,077

1,025

993

1,041

1,018

1,011

1,000

948

912

899

901

935

997

1,004

0

0

0

-

Debit card fees

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

1,876

1,796

1,820

1,916

1,826

1,800

1,831

1,506

1,667

1,756

1,346

1,278

1,180

1,620

710

1,317

1,610

1,812

3,877

3,920

3,833

3,625

3,627

3,637

3,669

3,101

2,647

2,395

2,278

2,596

2,399

2,248

2,129

1,918

1,807

2,006

0

0

0

TOTAL NON-INTEREST INCOME

10,635

10,452

9,974

9,741

9,634

9,461

9,622

9,773

10,174

10,744

11,010

11,352

11,767

12,113

12,568

12,623

12,502

12,765

12,898

14,685

14,557

14,508

13,996

11,914

12,520

12,042

11,395

11,324

10,070

10,100

10,226

9,445

9,037

8,219

7,678

7,696

0

0

0

NON-INTEREST EXPENSE:
Labor and Related Expense

21,995

21,829

22,208

22,140

21,536

21,083

20,270

19,588

19,277

18,999

18,496

18,265

18,003

17,813

17,383

17,178

17,133

17,023

17,550

17,374

17,240

17,273

17,186

17,575

16,850

15,415

13,981

12,405

11,813

11,762

11,557

11,239

10,864

10,479

10,155

10,149

0

0

0

Occupancy

2,635

2,712

2,707

2,709

2,740

2,702

2,672

2,635

2,550

2,447

2,448

2,389

2,320

2,223

2,157

2,142

2,161

2,248

2,293

2,311

2,299

2,301

2,332

2,339

2,184

1,905

1,609

1,372

1,293

1,270

1,263

1,259

1,242

1,262

1,265

1,265

0

0

0

Furniture and equipment

3,356

3,248

3,185

3,080

3,097

3,092

3,114

3,150

3,013

2,915

2,880

2,726

2,741

2,793

2,740

2,764

2,728

2,622

2,550

2,455

2,460

2,536

2,483

2,314

2,078

1,815

1,636

1,569

1,514

1,452

1,426

1,425

1,417

1,379

1,307

1,275

0

0

0

Software amortization

914

871

837

811

854

712

728

755

766

974

1,330

1,367

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pennsylvania shares tax

1,140

1,148

1,138

1,131

1,124

1,108

1,062

1,012

964

925

871

863

853

873

941

965

988

954

880

868

887

907

985

978

924

864

786

730

689

674

678

681

686

689

686

683

0

0

0

Professional Fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Professional fees

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

-

648

-

661

661

661

661

661

661

661

661

661

661

661

661

661

661

660

661

696

672

0

0

0

Federal Deposit Insurance Corporation deposit insurance

504

578

755

992

956

890

794

751

701

669

611

619

705

767

883

890

884

867

828

812

783

746

745

725

643

594

540

478

474

468

458

390

461

525

596

0

0

0

-

Debit card expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketing

376

425

236

383

618

767

1,032

1,102

1,038

958

862

720

701

740

746

733

693

612

586

570

551

532

526

538

532

517

503

487

0

-

0

0

-

-

-

-

-

-

-

Amortization of Intangible Assets

255

264

273

282

291

300

309

319

327

337

346

355

369

366

353

336

316

311

318

327

335

345

353

362

305

213

122

0

0

-

0

-

-

-

-

-

-

-

-

Other

5,306

5,210

5,341

5,418

5,266

5,247

5,277

5,730

6,036

6,285

6,408

5,625

5,413

6,164

4,094

5,243

5,804

5,464

8,265

8,336

8,499

8,589

8,583

9,024

8,882

8,283

7,599

6,195

5,355

5,220

4,725

4,755

4,733

4,592

4,811

4,941

0

0

0

TOTAL NON-INTEREST EXPENSE

40,004

39,708

38,946

39,086

38,544

38,007

37,723

37,608

37,154

36,862

36,239

35,412

35,015

35,091

34,783

34,574

34,329

33,736

33,931

33,714

33,715

33,890

33,854

34,516

33,059

30,267

27,549

24,032

22,410

22,023

21,417

20,927

20,440

19,964

19,516

19,538

0

0

0

INCOME BEFORE INCOME TAX PROVISION

17,804

18,824

20,426

19,285

18,490

17,529

17,378

17,261

17,357

17,232

16,785

16,551

16,784

17,072

17,686

17,675

17,391

17,634

16,317

18,365

18,445

18,412

19,180

16,707

17,118

17,535

16,872

17,379

16,666

16,448

16,762

15,991

15,290

14,275

13,545

13,121

0

0

0

Income Tax Expense (Benefit)

2,987

3,138

3,381

3,068

3,042

2,819

6,147

6,572

7,062

7,459

4,781

4,772

4,701

4,597

4,413

4,097

3,770

3,736

3,282

3,901

3,951

3,804

3,960

3,034

3,249

3,451

3,187

3,273

2,821

2,598

2,613

2,359

2,092

1,913

1,730

1,684

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

14,817

15,686

17,045

16,217

15,448

14,710

11,231

10,689

10,295

9,773

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Less: Net income attributable to noncontrolling interest

16

14

17

13

9

6

-1

-1

-1

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

14,801

15,672

17,028

16,204

15,439

14,704

11,232

10,690

10,296

9,773

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,273

13,578

13,621

13,898

13,035

14,464

14,494

14,608

15,220

13,673

13,869

14,084

13,685

14,106

13,845

13,850

14,149

13,632

13,198

12,362

11,815

0

0

0

-

EARNINGS PER SHARE - BASIC AND DILUTED (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.65

0.72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic and Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,733

4,733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share - basic (in dollars per share)

0.44

0.10

0.66

0.91

0.56

0.13

0.54

0.74

0.68

-0.53

0.70

0.65

0.57

-

-

-

0.65

-

0.71

0.72

0.70

-

0.99

0.72

0.72

-

0.67

0.88

0.96

-

0.96

0.89

0.96

-

0.82

0.78

0.74

0.74

0.72

Earnings per share - diluted (in dollars per share)

0.43

0.07

0.66

0.91

0.56

0.13

0.54

0.74

0.68

-0.52

0.70

0.65

0.56

-

-

-

0.65

-

-

-

-

-

-

-

0.72

-

0.67

0.88

0.96

-

0.96

0.89

0.96

-

0.82

0.78

0.74

0.74

0.72

Weighted Average Number of Shares Outstanding, Basic

7,040

9,387

7,037

4,692

7,037

11,726

7,035

4,689

4,689

14,099

4,688

4,711

4,734

-

-

-

4,740

-

4,761

4,779

4,801

-

4,820

4,820

4,819

-

4,818

4,151

3,838

-

3,837

3,837

3,837

-

3,836

3,835

3,835

3,833

3,834

Weighted average shares outstanding - diluted (in shares)

7,102

9,686

7,037

4,692

7,037

11,712

7,035

4,703

4,689

14,072

4,688

4,711

4,761

-

-

-

4,740

-

-

-

-

-

-

-

4,819

-

4,818

4,151

3,838

-

3,837

3,837

3,837

-

3,836

3,835

3,835

3,833

3,834

Common Stock, Dividends, Per Share, Declared

0.32

0.17

0.31

0.47

0.31

0.00

0.31

0.47

0.47

-0.16

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.47

0.72

0.47

0.47

0.47

0.47

0.46

0.46

0.46

0.46

0.46

0.46

Service charges
Service charges, insurance commissions, brokerage commissions, and debit card fees

2,398

2,411

2,448

2,471

2,471

2,460

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance Commissions
Service charges, insurance commissions, brokerage commissions, and debit card fees

426

433

445

437

382

365

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Brokerage Commissions
Service charges, insurance commissions, brokerage commissions, and debit card fees

1,404

1,358

1,355

1,342

1,316

1,336

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debit Card
Service charges, insurance commissions, brokerage commissions, and debit card fees

1,342

1,378

1,501

1,527

1,511

1,534

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-