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Penns Woods Bancorp, Inc. Reports Record First Quarter 2011 Operating Earnings

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Penns Woods Bancorp, Inc. Reports Record First Quarter 2011 Operating Earnings Powered By Docstoc
					
				
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posted:4/18/2011
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Description: WILLIAMSPORT, Pa.--(EON: Enhanced Online News)--Penns Woods Bancorp, Inc. (NASDAQ:PWOD) today reported that net income from core operations (“operating earnings”), which is a non-GAAP measure of net income excluding net securities gains and losses, increased to $2,770,000 for the three months ended March 31, 2011 compared to $2,450,000 for the same period of 2010. Operating earnings per share for the three months ended March 31, 2011 were $0.72 basic and dilutive compared to $0.64 basic and dilu a style='font-size:
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