First Keystone declares $0.28 quarterly dividend; reports $17M net loss on goodwill impairment

FIRST KEYSTONE CORP

Quarterly dividend of $0.28/share, record Oct 4, 2024, payable Oct 11, 2024; YTD dividends unchanged at $0.84.
Net income plunged 781% to $(16,997,000) ($(2.77)/share) for H1 2024, driven by $19.1M goodwill impairment in Q1.
Assets up 8.4% to $1.418B; total net loans grew 5.9% to $914.8M; deposits rose 5.2% to $984.2M.
Net interest income increased 3.8% to $15.5M in H1 2024 vs same period 2023.

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