First Keystone Q1 net income falls 8.6% to $3.5M; directors re-elected

FIRST KEYSTONE CORP

2022-Q1 EPS reported $0.60

Q1 2022 net income $3.543M ($0.60 EPS) vs $3.878M ($0.66) a year ago, down 8.6%.
Total assets up 6.7% to $1.297B; deposits up 6.9% to $1.045B.
Shareholders re-elected John E. Arndt, Whitney B. Holloway, and Nancy J. Marr as Class B directors for three-year terms.
Nine employee promotions announced, including June George to SVP and five promoted to VP.
Dividend yield 4.48% at 3/31/2022; bank originated 810 PPP loans totaling $48.6M since program start.

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