Recent Updates — FKYS

First Keystone Corporation reported a 39.9% increase in net income to $9.475 million for the nine months ended September 30, 2026, compared to the same period in 2025. Earnings per share were $1.50, with dividends totaling $0.84 per share. The results were driven by a $3.195 million increase in total interest income and a shift from a credit loss expense of $769,000 to a recovery of $1.125 million. Total assets grew 9.1% to $1.726 billion, while stockholders' equity increased by $1.012 million. First Keystone Corporation operates as the parent company of First Keystone Community Bank, providing business and personal banking products in Pennsylvania.

First Keystone Corporation closed a $32,500,000 private placement of 7.50% fixed-to-floating rate subordinated notes due September 30, 2036. The notes were issued at par to institutional investors with Performance Trust Capital Partners as the placement agent. Interest accrues at a fixed 7.50% until September 30, 2031, then floats at Three-Month Term SOFR plus 277 basis points. Proceeds will redeem $25,000,000 of existing subordinated notes due December 31, 2030 and fund general corporate purposes. The securities qualify as Tier 2 capital under Federal Reserve Board guidelines. First Keystone Corporation operates as the holding company for a community bank providing personal and business banking services in Pennsylvania.

First Keystone Corporation issued notice to redeem all outstanding 4.375% Fixed to Floating Rate Notes due December 31, 2030, with an aggregate principal amount of $25,000,000. The redemption is scheduled for September 30, 2026, at a price of 100% of the principal plus accrued and unpaid interest. This action represents a significant debt extinguishment event that alters the company's capital structure and near-term cash flow obligations. First Keystone Corporation operates in the financial services industry, providing banking and wealth management solutions.

First Keystone Corporation declared a $0.28 per share quarterly cash dividend for the third quarter of 2026. The dividend is payable to shareholders of record as of September 10, 2026, with payment scheduled for September 30, 2026. This brings total year-to-date dividends to $0.84 per share, matching the prior year's level. The company also reported strong second-quarter financial results, including a 44.6% increase in net income to $5.7 million and a 9.5% rise in assets to $1.57 billion. First Keystone Corporation operates as a bank holding company providing community banking services through its subsidiary, First Keystone Community Bank.

First Keystone Corporation reported unaudited earnings for the six months ended June 30, 2026, with net income increasing 44.6% to $5,736,000 compared to the prior year period. Net income per share was $0.91, while total dividends paid amounted to $0.56 per share for the six-month period. Total assets grew 9.5% to $1,574,315,000, driven by a 11.6% increase in deposits to $1,178,264,000 (implied from context of deposit growth) and stockholders' equity rising 10.1%. The company operates as a bank holding company providing business and personal banking products through First Keystone Community Bank.