---
schema_version: "secwatch.filing_event.v1"
accession: "0000737875-23-000037"
form_type: "8-K"
ticker: "FKYS"
cik: "0000737875"
company_name: "FIRST KEYSTONE CORP"
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T15:11:53.426743+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Keystone declares $0.28 Q2 dividend; Q1 net income down 61.7% to $0.23/share

## Summary
- Quarterly dividend of $0.28 per share, payable June 30, 2023, to holders of record June 8, 2023.
- Year-to-date dividends total $0.56 per share, unchanged from prior year period.
- Q1 2023 net income fell 61.7% to $1.357M ($0.23 diluted EPS) from $3.545M ($0.61) a year ago.
- Total loans grew 11% to $855M; deposits fell 9.3% to $947.9M; cost of funds rose 178 bps to 2.29%.
- Assets increased 1% to $1.311B; return on assets was 0.41%, return on equity 4.34%.

## SEC filing metadata
- accession: 0000737875-23-000037
- form_type: 8-K
- ticker: FKYS
- cik: 0000737875
- company_name: FIRST KEYSTONE CORP
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737875/000073787523000037/0000737875-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737875/000073787523000037/fkys-20230525x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000737875-23-000037
- JSON: https://secwatch.observer/filing/0000737875-23-000037.json
- Plain text: https://secwatch.observer/filing/0000737875-23-000037.txt

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