WILLIAMSPORT, Pa., July 21, 2014 (GLOBE NEWSWIRE) -- Penns Woods Bancorp, Inc. (Nasdaq:PWOD)
Penns Woods Bancorp, Inc. continued its solid earnings and growth during the recently completed second quarter of 2014, achieving net income of $6,932,000 for the six months ended June 30, 2014 resulting in basic and dilutive earnings per share of $1.44. Highlights
Year over year comparisons are impacted by the acquisition of Luzerne National Bank Corporation ("Luzerne") that was effective June 1, 2013 and resulted in increases in net loans of $254,057,000; investments of $21,140,000; deposits of $279,867,000; and assets of $329,209,000 at the time of acquisition.
Power management company Eaton Corporation plc (NYSE:ETN) today
announced that operating earnings per share, which exclude charges of
$0.05 per share to integrate recent acquisitions, were $0.41 for the
second quarter of 2014.
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