---
schema_version: "secwatch.filing_event.v1"
accession: "0000737875-23-000003"
form_type: "8-K"
ticker: "FKYS"
cik: "0000737875"
company_name: "FIRST KEYSTONE CORP"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T06:00:11.790846+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Keystone Corp reports FY2022 net income $14M, down 4.5%; EPS $2.35

## Summary
- Net income $14,024,000 ($2.35 EPS) vs prior year $14,688,000; down $664k (4.5%).
- Total interest income up 10.4% but PPP fee income fell $1,224k; interest expense up 73.1% due to higher rates.
- Non-interest income down 27.2% from lower mortgage gains and net securities losses of $846k.
- Deposits decreased $84.5M (7.8%); equity down 19.0% from securities unrealized losses.
- Provision for loan losses decreased $1,124k; loans grew 14.2% to $106M increase.

## SEC filing metadata
- accession: 0000737875-23-000003
- form_type: 8-K
- ticker: FKYS
- cik: 0000737875
- company_name: FIRST KEYSTONE CORP
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737875/000073787523000003/0000737875-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737875/000073787523000003/fkys-20230131x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000737875-23-000003
- JSON: https://secwatch.observer/filing/0000737875-23-000003.json
- Plain text: https://secwatch.observer/filing/0000737875-23-000003.txt

## Key facts
- Earnings Releases
  FIRST KEYSTONE CORP reported the year ended December 31, 2022 results: net income $14,024,000, EPS $2.35.
  - Period: the year ended December 31, 2022
  - Net income: $14,024,000
  - EPS: $2.35
  - Result: reported results
  source text: First Keystone Corporation (OTC Pink: FKYS, the “Corporation”), parent company of First Keystone Community Bank, reported net income for the year ended December 31, 2022 of $14,024,000. Net income per share was $2.35
  evidence_url: https://www.sec.gov/Archives/edgar/data/737875/000073787523000003/0000737875-23-000003-index.htm

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