First Keystone declares $0.28 quarterly dividend; FY 2022 net income down 4.5% to $14.0M

FIRST KEYSTONE CORP

Dividend of $0.28 per share, payable March 31, 2023 to holders of record March 16, 2023, unchanged from prior year.
FY 2022 net income $14.0M ($2.35 EPS), down 4.5% and 5.6% respectively vs 2021.
Total net loans grew 14.2% to $850.2M; deposits decreased 7.8% to $993.5M.
Net interest income increased 1.6% to $37.5M; assets up 0.7% to $1.33B.
Return on assets 1.07%, return on equity 10.75%.

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