---
schema_version: "secwatch.filing_event.v1"
accession: "0000737875-24-000045"
form_type: "8-K"
ticker: "FKYS"
cik: "0000737875"
company_name: "FIRST KEYSTONE CORP"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:48:12.535399+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Keystone posts $15.5M net loss for 9M 2024 on $19.1M goodwill impairment

## Summary
- Net loss of $15.49M ($2.52/share) for nine months ended Sep 30, 2024; net income down $19.27M YoY.
- Goodwill impairment charge of $19.13M in Q1 2024 was the primary cause of the net loss.
- Interest income up 28.1% but interest expense rose 50.3% due to higher deposit costs.
- Provision for credit losses increased $1.83M due to loan growth and a large charge-off in Q3 2024.
- Total assets grew 9.0% to $1.44B; stockholders' equity fell 6.7% from impairment and dividends.

## SEC filing metadata
- accession: 0000737875-24-000045
- form_type: 8-K
- ticker: FKYS
- cik: 0000737875
- company_name: FIRST KEYSTONE CORP
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737875/000073787524000045/0000737875-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737875/000073787524000045/fkys-20240930x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000737875-24-000045
- JSON: https://secwatch.observer/filing/0000737875-24-000045.json
- Plain text: https://secwatch.observer/filing/0000737875-24-000045.txt

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