---
schema_version: "secwatch.filing_event.v1"
accession: "0000737875-22-000018"
form_type: "8-K"
ticker: "FKYS"
cik: "0000737875"
company_name: "FIRST KEYSTONE CORP"
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:54:33.439725+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Keystone Q1 net income down 8.6% to $3.5M on mortgage loan losses

## Summary
- Net income of $3.5M ($0.60 EPS), down $335K or 8.6% YoY; dividends $0.28/share.
- Non-interest income fell $308K (17.5%) due to losses on mortgage loan sales and securities.
- Interest income +$354K (+3.4%) offset by $246K drop in PPP loan fees.
- Non-interest expense +$319K (+5.1%) on higher salaries, healthcare, and new software.
- Total assets up 6.7% to $1.3B; equity down 6.6% ($9.4M) due to AOCI loss from securities.

## SEC filing metadata
- accession: 0000737875-22-000018
- form_type: 8-K
- ticker: FKYS
- cik: 0000737875
- company_name: FIRST KEYSTONE CORP
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737875/000073787522000018/0000737875-22-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737875/000073787522000018/fkys-20220429x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000737875-22-000018
- JSON: https://secwatch.observer/filing/0000737875-22-000018.json
- Plain text: https://secwatch.observer/filing/0000737875-22-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.