Penns Woods Bancorp is a Pennsylvania-based bank holding company that operates two community banks — Jersey Shore State Bank and Luzerne Bank — serving individuals, small businesses, and agricultural customers across north-central and northeastern Pennsylvania. The banks offer standard commercial and retail banking products, including checking, savings, and time deposits on the funding side, and commercial, consumer, real estate, and agricultural loans on the lending side. These services are delivered through 24 full-service branch offices, ATMs, and digital channels. Penns Woods earns money primarily through net interest income — the spread between what it earns on loans and investments and what it pays on deposits. The loan portfolio spans commercial real estate, owner-occupied business loans, working capital lines, residential mortgages, home equity products, and auto and personal loans. Supplemental fee income comes from insurance and brokerage services through The M Group and United Insurance Solutions, though these are small relative to core banking. A notable pending development: Penns Woods signed a merger agreement with Northwest Bancshares in December 2024, under which each Penns Woods share will be exchanged for 2.385 shares of Northwest common stock, and both community banks will merge into Northwest Savings Bank. Several non-banking subsidiaries are expected to be wound down prior to closing.