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Penns Woods Bancorp, Inc. Announces Quarterly Dividend

WILLIAMSPORT, Pa., May 30, 2013 (GLOBE NEWSWIRE) -- Richard A. Grafmyre CFP®, President and Chief Executive Officer of Penns Woods Bancorp, Inc., (Nasdaq:PWOD) has announced that the Company's Board of Directors declared a second quarter 2013 cash dividend of $0.47 per share. The dividend in conjunction with the first quarter regular and special dividends represents an increase of 26.6% to $1.19 for the 2013 period from $0.94 in dividends declared during the same period of 2012.

The dividend is payable June 25, 2013 to shareholders of record June 11, 2013.

About Penns Woods Bancorp, Inc.

Penns Woods Bancorp, Inc. is the bank holding company for Jersey Shore State Bank. The bank serves customers in North Central Pennsylvania through its retail banking, commercial banking, mortgage services and financial services divisions. Penns Woods Bancorp, Inc. stock is listed on the NASDAQ National market under the symbol PWOD.

Previous press releases and additional information can be obtained from the company's website at www.jssb.com.

CONTACT: Richard A. Grafmyre
         (570) 322-1111
         (888) 412-5772
         jssb@jssb.com
         www.jssb.com

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