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First Keystone Corporation (FKYS) is a prominent financial holding company headquartered in Berwick, Pennsylvania. Established in 1864, the company operates through its wholly-owned subsidiary, First Keystone Community Bank. The bank provides a wide range of financial services, including personal and business banking, loans, mortgages, and investment services.
First Keystone Community Bank serves its customers through multiple branches located across Pennsylvania. The bank is known for its personalized customer service and a strong community presence. They offer innovative banking solutions such as online banking, mobile banking, and remote deposit capture to meet the evolving needs of their clients.
In recent years, First Keystone Corporation has shown solid financial performance with steady revenue growth and reliable dividend payouts to its shareholders. The bank's prudent risk management and robust capital base have enabled it to navigate economic challenges effectively.
Among its noteworthy achievements, First Keystone Corporation has received multiple awards for its community involvement and customer satisfaction. The company is actively engaged in various community development projects and partnerships, reflecting its commitment to social responsibility.
Current projects include expanding their digital banking capabilities and exploring new markets to foster business growth. With a focus on sustainable development, First Keystone Corporation aims to enhance its service offerings while maintaining financial stability.
First Keystone Corporation (OTC PINK: FKYS) declared a quarterly cash dividend of $0.28 per share, payable on March 31, 2023, to shareholders of record as of March 16, 2023. This marks no change from the first quarter of 2022. The company reported a year-end balance sheet as of December 31, 2022, with total assets at $1,329,194,000 (up 0.7%) and net loans jumping 14.2% to $850,195,000. However, net income fell by 4.5% to $14,024,000, and earnings per share decreased to $2.35. The corporation aims to be the preferred financial services provider in its community.
First Keystone Corporation (OTC Pink: FKYS) reported a net income of
First Keystone Corporation (OTC PINK: FKYS) announced a quarterly cash dividend of $0.28 per share for shareholders of record by December 8, 2022, payable on December 30, 2022. Total cash dividends for 2022 will be $1.12 per share, matching the previous year. As of September 30, 2022, the Corporation reported total assets of $1.32 billion (down 4.7%), total net loans of $836.46 million (up 11.8%), and net income of $10.87 million (down 5.5%). Return on assets and equity stood at 1.10% and 10.74%, respectively.
First Keystone Corporation (OTC Pink: FKYS) reported a net income of
First Keystone Corporation (OTC PINK: FKYS) announced a quarterly cash dividend of $0.28 per share, payable on September 30, 2022, to shareholders of record as of September 8, 2022. This brings total cash dividends to $0.84 per share for 2022, reflecting a 1.20% increase compared to the previous year. As of June 30, 2022, total assets were $1.30 billion, with net loans growing by 8.4% and net interest income rising 7.2%. However, net income decreased 1.6% to $7.37 million.
First Keystone Corporation (OTC Pink: FKYS) reported a net income of $7,365,000 for the six months ended June 30, 2022, with earnings per share at $1.24. This marks a 1.6% decrease from the previous year, attributed to lower PPP loan fees and decreased non-interest income. Total interest income increased by 5.9% to $1,206,000, while non-interest income fell 22.4%. Total assets declined by 0.5% to $1,304,582,000, driven by a significant drop in cash reserves. Stockholders' equity decreased 15.0% due to securities market losses.
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