WILLIAMSPORT, Pa., Aug. 27, 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 third quarter 2013 cash dividend of $0.47 per share. The dividend in conjunction with the year-to-date regular and special dividends represents an increase of 17.7% to $1.66 for the 2013 period from $1.41 in dividends declared during the same period of 2012.

The dividend is payable September 24, 2013 to shareholders of record September 10, 2013. 

About Penns Woods Bancorp, Inc.

Penns Woods Bancorp, Inc. is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North Central and North Eastern Pennsylvania through their 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