---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-066481"
form_type: "8-K"
ticker: "FKYS"
cik: "0000737875"
company_name: "FIRST KEYSTONE CORP"
filed_at: "2024-05-30T23:59:59+00:00"
generated_at: "2026-06-01T07:31:51.475391+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Keystone records $19.1M goodwill impairment; declares $0.28 dividend

## Summary
- Non-cash goodwill impairment of $19.1M as of March 31, 2024 triggered by stock price decline in Q1.
- Impairment relates to 2007 Pocono Community Bank acquisition and 2004 Danville branch purchase; no impact on regulatory capital or cash.
- Q2 dividend of $0.28 per share (unchanged YoY); payable June 28, 2024 to holders of record June 13, 2024.
- Quantitative impairment test performed; Board determined charge on May 29, 2024.

## SEC filing metadata
- accession: 0001104659-24-066481
- form_type: 8-K
- ticker: FKYS
- cik: 0000737875
- company_name: FIRST KEYSTONE CORP
- filed_at: 2024-05-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.06, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737875/000110465924066481/0001104659-24-066481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737875/000110465924066481/tm2415957d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-066481
- JSON: https://secwatch.observer/filing/0001104659-24-066481.json
- Plain text: https://secwatch.observer/filing/0001104659-24-066481.txt

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