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Penns Woods Bancorp, Inc. (PWOD)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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Penns Woods Bancorp, Inc.

300 Market Street
PO Box 967
Williamsport, PA 17703
United States
570-322-1111
http://www.jssb.com

SectorFinancial
IndustryRegional - Mid-Atlantic Banks
Full Time Employees296

Key Executives

NameTitlePayExercisedAge
Mr. Richard A. Grafmyre CFPCEO, Pres & Director751.47kN/A63
Mr. Brian L. Knepp CPAChief Financial Officer, Sr. VP and Director226.37kN/A42
Ms. Michelle M. Karas PCm, CFMPChief Operating Officer and Sr. VP125.15kN/A50
Mr. Aron M. CarterSr. VP of Enterprise Risk Management139.01kN/A44
Mr. Mark BeattyChief Information Officer and Sr. VPN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Penns Woods Bancorp, Inc. operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides banking and financial services to individuals, partnerships, non-profit organizations, and corporations. It provides time deposits, super NOW accounts, statement savings accounts, money market accounts, certificates of deposit, checking accounts, and IRAs. The company also offers loan products comprising secured and unsecured business, and commercial loans that include financing commercial transactions, as well as revolving credit loans with overdraft protection. In addition, its loan portfolio includes agricultural loans; real estate loans, including residential, commercial, and construction; commercial loans; letter of credit; and consumer loans that comprise residential mortgages, home equity loans and lines, automobile financing, personal loans, lines of credit, and overdrafts and check lines, as well as lines of credit for working capital purposes. Further, the company provides securities brokerage and financial planning services, which include the sale of life insurance products, annuities, and estate planning services; annuity and mutual fund investment products; safe deposit services; ATMs; and Internet and telephone banking services. Additionally, it engages in real estate transactions and investment activities. The company provides its services through a network of 23 offices located in Clinton, Lycoming, Centre, Montour, Union, and Luzerne Counties, Pennsylvania. Penns Woods Bancorp, Inc. was founded in 1934 and is based in Williamsport, Pennsylvania.

Corporate Governance

Penns Woods Bancorp, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 10. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.