Penns Woods Bancorp INC: management transactions · United States · SEC (Form 4)

About Penns Woods Bancorp INC

Penns Woods Bancorp Inc. (NASDAQ: PWOD) was a U.S.-listed regional banking company headquartered in Williamsport, Pennsylvania, in the United States. As a bank holding company, its core business was conducted through Jersey Shore State Bank and Luzerne Bank, two community-oriented banking franchises serving customers in north and northeast Pennsylvania. Its operating model was built around retail deposits, commercial lending, mortgage banking, personal banking, and financial services, with additional exposure to insurance through United Insurance Solutions. That mix gave Penns Woods a broader local financial-services platform than a plain-vanilla deposit-and-loan institution. ([pwod.com](https://www.pwod.com/financial-information/filings-news-and-events/penns-woods-bancorp-inc-announces-second-quarter-2025-dividend?utm_source=openai)) The company’s roots were anchored in long-standing local banking relationships. Jersey Shore State Bank opened its doors in 1934, while Luzerne Bank traces its history back to 1907. Penns Woods later became the holding company structure used to organize and expand these franchises. For investors, that history mattered because it supported a “community bank” brand built on local lending decisions, relationship banking, and deep familiarity with regional customers and municipalities in Pennsylvania. ([pwod.com](https://www.pwod.com/about-us?utm_source=openai)) From a competitive standpoint, Penns Woods operated in a crowded U.S. regional banking landscape. Its scale was modest relative to national and large regional banks, so its competitive edge came from relationship-based service, local market knowledge, and a diversified but still concentrated product set covering deposits, loans, mortgage services, wealth-related offerings, and insurance. Its geographic footprint was limited to selected Pennsylvania counties, including Lycoming, Clinton, Centre, Montour, Union, Blair, and Luzerne, which kept the business tightly tied to local economic conditions rather than broad national exposure. ([pwod.com](https://www.pwod.com/financial-information/filings-news-and-events/penns-woods-bancorp-inc-announces-first-quarter-2025-earnings)) The key recent development is the company’s merger into Northwest Bancshares. Penns Woods announced the transaction in late 2024, and it closed on July 25, 2025. On that date, Penns Woods merged into Northwest, while Jersey Shore State Bank and Luzerne Bank were merged into Northwest Bank. For market context, that means PWOD effectively ceased trading as an independent equity after closing, and 2025 SEC Form 4 filings reflected insider share dispositions tied to the merger. For English-speaking investors, Penns Woods should therefore be viewed as a former Nasdaq-listed Pennsylvania community bank that was ultimately rolled into a larger regional platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/716605/000110465925071025/tm2521651d1_8k.htm?utm_source=openai))