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EMPLOYEE STOCK PURCHASE PLAN
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
EMPLOYEE STOCK PURCHASE PLAN EMPLOYEE STOCK PURCHASE PLAN
 
The Corporation maintains the Penns Woods Bancorp, Inc. Employee Stock Purchase Plan (“Plan”). The Plan is intended to encourage employee participation in the ownership and economic progress of the Corporation. The Plan allows for up to 1,500,000 shares to be purchased by employees.  The purchase price of the shares is 95% of fair value with an employee eligible to purchase up to the lesser of 15% of base compensation or $12,000 in fair value annually. There were 3,850 and 3,972 shares issued under the plan for the years ended December 31, 2021 and 2020, respectively.