earnings
confidence high
sentiment negative
materiality 0.72
First Keystone revises FY2025 net income down to $6.15M, EPS $0.99 from $7.62M/$1.22 on higher credit losses
FIRST KEYSTONE CORP
2026-Q1 EPS reported
$0.31
- Net income revised to $6.152M ($0.99/sh) from initially reported $7.622M ($1.22/sh) due to allowance for credit losses adjustment.
- Provision for credit losses increased $3.601M vs prior year (original $1.273M) due to two large charge-offs and a CRE loan non-accrual.
- Total interest income revised to $5.777M (+8.1% YoY) from $5.843M (+8.2%) after adjustment.
- Total assets $1.531B (+7.2% YoY); stockholders' equity up $6.278M (+5.9%) driven by AOCI improvement.
- Dividends of $1.12/sh exceeded net income of $0.99/sh for FY2025.