CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS:
Noninterest-bearing balances	$ 29,572	$ 24,725
Interest-bearing balances in other financial institutions	48,189	23,864
Total cash and cash equivalents	77,761	48,589
Investment debt securities, available for sale, at fair value	155,522	148,619
Investment equity securities, at fair value	1,281	1,261
Investment securities, trading	37	51
Restricted investment in bank stock, at fair value	14,611	13,528
Loans held for sale	4,294	4,232
Loans	1,349,400	1,355,544
Allowance for loan losses	(12,500)	(11,894)
Loans, net	1,336,900	1,343,650
Premises and equipment, net	33,170	32,929
Accrued interest receivable	5,307	5,246
Bank-owned life insurance	29,228	29,253
Goodwill	17,104	17,104
Intangibles	836	898
Operating lease right-of-use asset	3,278	4,154
Deferred tax asset	3,281	3,338
Other assets	5,898	12,471
TOTAL ASSETS	1,688,508	1,665,323
LIABILITIES:
Interest-bearing deposits	993,975	989,259
Noninterest-bearing deposits	332,759	334,746
Total deposits	1,326,734	1,324,005
Short-term borrowings	17,741	4,920
Long-term borrowings	171,903	161,920
Accrued interest payable	1,635	1,671
Operating lease liability	3,299	4,170
Other liabilities	10,608	13,655
TOTAL LIABILITIES	1,531,920	1,510,341
SHAREHOLDERS’ EQUITY:
Preferred stock, no par value, 3,000,000 shares authorized; no shares issued	0	0
Common stock, par value $5.55, 22,500,000 shares authorized; 7,521,491 and 7,520,740 shares issued; 7,041,266 and 7,040,515 outstanding	41,786	41,782
Additional paid-in capital	51,701	51,487
Retained earnings	77,403	76,583
Accumulated other comprehensive loss:
Net unrealized gain on available for sale securities	2,986	2,455
Defined benefit plan	(5,199)	(5,232)
Treasury stock at cost, 480,225	(12,115)	(12,115)
TOTAL PENNS WOODS BANCORP, INC. SHAREHOLDERS' EQUITY	156,562	154,960
Non-controlling interest	26	22
TOTAL SHAREHOLDERS' EQUITY	156,588	154,982
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,688,508	$ 1,665,323