secwatch.observer — SEC 8-K summary
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Issuer:     FIRST KEYSTONE CORP (FKYS)
CIK:        0000737875
Form:       8-K
Filed at:   2022-07-29T23:59:59+00:00
Accession:  0000737875-22-000031
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Keystone H1 2022 net income $7.365M, down 1.6%; EPS $1.24
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- Net income $7.365M ($1.24 EPS) for six months ended June 30, 2022, down 1.6% from H1 2021.
- Total interest income rose 5.9% to $1.206M, driven by rate increases and commercial loan growth; PPP fees declined $437K.
- Non-interest income fell 22.4% ($837K) due to $765K drop in other income, including net losses on mortgage sales vs gains in 2021.
- Net loans up 8.4%; deposits down 6.6%; stockholders' equity down 15% due to AOCI losses from securities portfolio.
- Dividends paid $0.56 per share for H1 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737875/000073787522000031/0000737875-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737875/000073787522000031/fkys-20220729x8k.htm
  HTML page:      https://secwatch.observer/filing/0000737875-22-000031

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