secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIRST KEYSTONE CORP (FKYS)
CIK:        0000737875
Form:       8-K
Filed at:   2024-09-23T23:59:59+00:00
Accession:  0000737875-24-000038
Event type: dividend
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737875/000073787524000038/0000737875-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737875/000073787524000038/fkys-20240930x8k.htm
  HTML page:      https://secwatch.observer/filing/0000737875-24-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer