FIRST KEYSTONE CORP - FKYS STOCK NEWS

First Keystone Corporation (OTC PINK: FKYS) has declared a quarterly cash dividend of $0.28 per share for shareholders recorded by June 9, 2022, payable on June 30, 2022. This brings total cash dividends to $0.56 per share, marking a 1.82% increase compared to the previous year. As of March 31, 2022, significant growth was reported, with assets at $1.297 billion (up 6.7%) and total deposits at $1.045 billion (up 6.9%). However, net income decreased by 8.6% to $3.54 million.

First Keystone Corporation (OTC PINK: FKYS) held its 2022 Virtual Annual Meeting, re-electing John E. Arndt, Whitney B. Holloway, and Nancy J. Marr as Class B Directors for a three-year term. Promotions included June George to Senior Vice President and several others to Vice President and Assistant Vice President roles, recognizing outstanding service to the bank. Established in 1864, First Keystone Community Bank operates multiple branches across Columbia, Luzerne, Montour, and Monroe counties, offering innovative banking products focused on community needs.

First Keystone Corporation (OTC Pink: FKYS) reported a net income of $3,543,000 for the first quarter ending March 31, 2022, down $335,000 or 8.6% year-over-year. Net income per share was $0.60 with dividends totaling $0.28. The decline was attributed to decreased non-interest income, particularly from losses on mortgage sales. Total assets rose by $81,566,000 or 6.7% to $1,297,087,000, driven by a $55,149,000 increase in net loans.

First Keystone Corporation (OTC PINK: FKYS) announced a quarterly cash dividend of $0.28 per share, payable on March 31, 2022, to shareholders of record as of March 10, 2022. This dividend matches the amount paid in the first quarter of 2021. As of December 31, 2021, the company reported record assets of $1.32 billion (up 12%), net income of $14.69 million (up 24%), and total deposits of $1.08 billion (up 15%). The corporation aims to continue being a trusted partner in its communities.

First Keystone Corporation (FKYS) reported a net income of $14,688,000 for the year ended December 31, 2021, a 24.1% increase from 2020, driven by higher net interest income. Earnings per share rose to $2.49, with dividends totaling $1.12. Total assets grew by 12.0% to $1,320,350,000, fueled by increased deposits and loans. However, non-interest expenses rose 7.1% to $26,354,000 due to higher salaries and technology investments. Overall, strong growth metrics signal a positive outlook for investors.

First Keystone Corporation (OTC PINK: FKYS) has announced a quarterly cash dividend of $0.28 per share, along with a special dividend of $0.01 per share, totaling $0.29 per share for Q4 2021. This reflects a 7% increase from the previous year's quarterly cash dividend of $0.27. As of September 30, 2021, the Corporation reported assets of $1.39 billion, net income of $11.51 million (up 34%), and a return on equity of 10.39%. These figures indicate robust financial health despite pandemic challenges.

First Keystone Corporation (OTC Pink: FKYS) reported net income of $4,023,000 for Q3 2021 and $11,506,000 year-to-date, reflecting 34.2% growth compared to the same period in 2020. Earnings per share were $0.68 for Q3 and $1.95 year-to-date. Total interest income rose by 6.8%, primarily from commercial real estate loans. However, non-interest expense increased by 6.7% to $19,011,000. Total assets reached $1,389,939,000, a 22.5% increase year-over-year, driven by higher loans and deposits.

First Keystone Corporation (OTC PINK: FKYS) announced a quarterly cash dividend of $0.27 per share and a special dividend of $0.01 per share, totaling $0.28 for Q3 2021. The declaration applies to shareholders as of September 9, 2021, with payment on September 30, 2021. The corporation reported significant growth, with assets increasing by 22.6% to $1.31 billion and net income rising 37.7% to $7.48 million in the first half of 2021 compared to the previous year.

First Keystone Corporation (OTC Pink:FKYS) reported net income of $3,605,000 for the three months and $7,483,000 for the six months ended June 30, 2021, reflecting a 37.7% increase year-over-year. Net income per share hit $0.61 and $1.27, while dividends reached $0.27 and $0.55 per share, respectively. Total assets rose 22.6% to $1.31 billion, driven by increased loans and deposits. Interest income grew by 5.9%, supported by higher Commercial Real Estate loan earnings. However, non-interest expenses also increased by 10.1%, mainly due to higher salaries and benefits.