Penns Woods Bancorp, Inc. Named To All Star Report
Ronald A. Walko, President and CEO of Penns Woods Bancorp, Inc. (Nasdaq: PWOD) the bank holding company for Jersey Shore State Bank, has announced that the company was one of 32 institutions recently named to the 2010 Sandler O’Neill Sm-All Stars.
The objective of the Sm-All Stars report is to identify the top performing small cap banks and thrifts nationally. Evaluations were conducted on 503 publicly traded institutions having a market cap of between $100 million and $2 billion. The banks were evaluated on 8 financial criteria: earnings per share (EPS) growth trends, loan growth trends, deposit growth trends, return on average equity (ROAE), nonperforming assets to loans plus Other Real Estate Owned (OREO) ratio, net charge off ratio, reserve to nonperforming assets ratio and Tier 1 risk-based capital ratio. To qualify for the Sm-All Stars list the financial institution needed to be well capitalized per the Tier 1 risk-based capital ratio and at or above the peer median for the remaining seven criteria.
According to Walko, “we are pleased to qualify as one of the top 32 small cap banks in the country. It is a testament to our employees and directors that even during difficult economic times we continue to remain a strong community bank. We strive to make Penns Woods Bancorp, Inc. a wise investment choice for investors by building shareholder value through prudent balance sheet management and revenue diversification.”
Penns Woods Bancorp, Inc., is the bank holding company for Jersey Shore
State Bank, with $710,291,000 in assets. Jersey Shore State Bank has 12
offices in Centre, Lycoming and Clinton Counties, Pennsylvania.
Investment and insurance products are offered through the bank’s
subsidiary, The M Group, Inc. D/B/A The Comprehensive Financial Group.
Penns Woods Bancorp, Inc. stock trades on the NASDAQ National Market
under the symbol PWOD.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV