Penns Woods Bancorp, Inc. Holds Annual Shareholders Meeting

Penns Woods Bancorp, Inc., (NASDAQ: PWOD) the holding company of Jersey Shore State Bank, recently held its annual shareholders meeting. Ronald A. Walko, President and Chief Executive Officer of Penns Woods Bancorp, Inc. and Jersey Shore State Bank, presided over the meeting.

Brian L. Knepp CFO; Ann M. Riles, Senior Vice President/Chief Credit Officer; and Paul R. Mamolen, Senior Vice President /COO of The Comprehensive Financial Group presented informational reports discussing the company's performance during 2008 and the first quarter of 2009. President Walko not only talked about the company�s 2008 highlights but also discussed the challenges facing the banking industry in 2009. During the meeting a special slide show presentation highlighted the company�s 75 year history.

The following directors were re-elected to serve three-year terms for the corporation: Leroy H. Keiler, III, James E. Plummer, and Hubert A. Valencik. S.R. Snodgrass, A.C. was ratified as the independent outside auditor for the company.

Penns Woods Bancorp, Inc. is a bank holding company with $652,803,000 in assets. Investment and insurance products are also offered through Jersey Shore State Bank�s subsidiary, The Comprehensive Financial Group. Penns Woods Bancorp, Inc. stock trades on the NASDAQ National Market under the symbol PWOD.

Penns Woods Bancorp (NASDAQ:PWOD)
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