CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS:
Noninterest-bearing balances	$ 26,932	$ 24,725
Interest-bearing balances in other financial institutions	188,242	23,864
Total cash and cash equivalents	215,174	48,589
Investment debt securities, available for sale, at fair value	164,369	148,619
Investment equity securities, at fair value	1,291	1,261
Investment securities, trading	37	51
Restricted investment in bank stock, at fair value	14,849	13,528
Loans held for sale	5,146	4,232
Loans	1,349,347	1,355,544
Allowance for loan losses	(12,977)	(11,894)
Loans, net	1,336,370	1,343,650
Premises and equipment, net	32,873	32,929
Accrued interest receivable	8,068	5,246
Bank-owned life insurance	29,368	29,253
Goodwill	17,104	17,104
Intangibles	777	898
Operating lease right-of-use asset	3,231	4,154
Deferred tax asset	3,284	3,338
Other assets	6,423	12,471
TOTAL ASSETS	1,838,364	1,665,323
LIABILITIES:
Interest-bearing deposits	1,055,981	989,259
Noninterest-bearing deposits	418,324	334,746
Total deposits	1,474,305	1,324,005
Short-term borrowings	15,133	4,920
Long-term borrowings	171,885	161,920
Accrued interest payable	1,530	1,671
Operating lease liability	3,263	4,170
Other liabilities	12,640	13,655
TOTAL LIABILITIES	1,678,756	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; 7,522,573 and 7,520,740 shares issued; 7,042,348 and 7,040,515 outstanding	41,792	41,782
Additional paid-in capital	51,956	51,487
Retained earnings	78,910	76,583
Accumulated other comprehensive loss:
Net unrealized gain on available for sale securities	4,194	2,455
Defined benefit plan	(5,159)	(5,232)
Treasury stock at cost, 480,225	(12,115)	(12,115)
TOTAL PENNS WOODS BANCORP, INC. SHAREHOLDERS' EQUITY	159,578	154,960
Non-controlling interest	30	22
TOTAL SHAREHOLDERS' EQUITY	159,608	154,982
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,838,364	$ 1,665,323