Penns Woods Bancorp, Inc. (PWOD)

Penns Woods Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	101.93	99.78	83.29	58.68	53.23	57.22
Interest Income on Investments	9.91	9.92	8.3	6.25	5.18	5.42
Total Interest Income	111.85	109.7	91.6	64.93	58.41	62.64
Interest Paid on Deposits	36.74	35.96	22.13	3.69	5.55	10.57
Interest Paid on Borrowings	13.83	14.86	14.5	3.46	3.15	3.85
Total Interest Expense	50.57	50.82	36.63	7.15	8.7	14.42
Net Interest Income	61.27	58.88	54.96	57.78	49.72	48.22
Net Interest Income Growth (YoY)	12.61%	7.12%	-4.87%	16.21%	3.10%	-5.10%
Gain (Loss) on Sale of Assets	0.33	-	-	-	-	-
Gain (Loss) on Sale of Investments	0.3	-0.06	-0.18	-0.37	0.66	1.61
Other Non-Interest Income	7.84	8.19	7.13	7.95	8.54	6.41
Total Non-Interest Income	10.05	9.62	7.99	8.71	11.67	12.17
Non-Interest Income Growth (YoY)	27.77%	20.32%	-8.25%	-25.33%	-4.10%	28.04%
Revenues Before Loan Losses	71.33	68.5	62.96	66.49	61.39	60.39
Provision for Loan Losses	-2.99	0.12	-1.48	1.91	0.64	2.63
Revenue	74.31	68.38	64.44	64.58	60.75	57.77
Revenue Growth (YoY)	16.68%	6.11%	-0.23%	6.31%	5.16%	0.32%
Salaries and Employee Benefits	26.08	25.49	24.11	23.04	22.05	20.78
Federal Deposit Insurance	1.6	1.56	1.58	0.94	0.96	0.94
Amortization of Goodwill & Intangibles	1.33	1.1	0.96	0.99	1.06	1.21
Selling, General & Administrative	9.47	10.05	11.15	10.72	10.67	9.54
Other Non-Interest Expense	7.47	7.55	6.7	6.65	6.16	6.61
Total Non-Interest Expense	45.96	45.75	44.5	42.35	40.91	39.07
EBT Excluding Unusual Items	28.36	22.63	19.94	22.24	19.84	18.7
Pretax Income	26.53	21.89	20.32	21.59	19.84	18.7
Income Tax Expense	5.23	4.15	3.71	4.16	3.79	3.47
Earnings From Continuing Operations	21.3	17.74	16.61	17.42	16.05	15.22
Minority Interest in Earnings	-	-	-	-	-0.02	-0.02
Net Income	21.3	17.74	16.61	17.42	16.03	15.21
Net Income to Common	21.3	17.74	16.61	17.42	16.03	15.21
Net Income Growth	35.16%	6.81%	-4.67%	8.66%	5.44%	-2.97%
Basic Shares Outstanding	8	8	7	7	7	7
Diluted Shares Outstanding	8	8	7	7	7	7
Shares Change (YoY)	5.14%	6.05%	0.75%	-0.03%	0.24%	-0.97%
EPS (Basic)	2.82	2.35	2.34	2.47	2.27	2.16
EPS (Diluted)	2.80	2.35	2.34	2.47	2.27	2.16
EPS Growth	28.19%	0.64%	-5.38%	8.72%	5.16%	-1.88%
Dividend Per Share	1.280	1.280	1.280	1.280	1.280	1.280
Dividend Growth	-	-	-	-	-	1.59%
Effective Tax Rate	19.72%	18.97%	18.28%	19.29%	19.12%	18.58%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q