{"schema_version":"secwatch.filing_event.v1","accession":"0000737875-26-000035","form_type":"8-K","ticker":"FKYS","cik":"0000737875","company_name":"FIRST KEYSTONE CORP","filed_at":"2026-10-01T19:49:53+00:00","discovered_at":"2026-10-01T19:51:00.271445+00:00","generated_at":"2026-10-12T14:20:41.133541+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"First Keystone closes $32.5M 7.50% subordinated notes; to redeem $25M 2030 notes","bullets":["Issued $32.5M aggregate principal of 7.50% fixed-to-floating subordinated notes due Sept. 30, 2036, priced at 100% of face.","Fixed rate 7.50% until Sept. 30, 2031; then floating at Three-Month Term SOFR plus 277 bps, paid semi-annually then quarterly.","Proceeds intended to redeem the company's $25.0M subordinated notes due Dec. 31, 2030 and for general corporate purposes.","Notes intended to qualify as Tier 2 capital; unsecured and subordinated; cannot be redeemed before Sept. 30, 2031 except limited exceptions.","Performance Trust Capital Partners, LLC served as sole placement agent; notes sold privately under Section 4(a)(2) and Rule 506(b)."],"urls":{"canonical":"https://secwatch.observer/filing/0000737875-26-000035","json":"https://secwatch.observer/filing/0000737875-26-000035.json","markdown":"https://secwatch.observer/filing/0000737875-26-000035.md","text":"https://secwatch.observer/filing/0000737875-26-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/737875/000073787526000035/0000737875-26-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/737875/000073787526000035/fkys-20260930x8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:20:41.133541+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}