Business
First Keystone Corporation Announces First Quarter Dividend
BERWICK, Pa., February 27, 2025--First Keystone Corporation (the "Corporation") (OTC PINK: FKYS), parent company of First Keystone Community Bank, declared a $0.28 per share quarterly cash dividend to shareholders of record as of March 13, 2025, payable March 31, 2025.
About this update from First Keystone Corp.
[{"type":"text","content":"BERWICK, Pa., February 27, 2025--(BUSINESS WIRE)--First Keystone Corporation (the "Corporation") (OTC PINK: FKYS), parent company of First Keystone Community Bank, declared a $0.28 per share quarterly cash dividend to shareholders of record as of March 13, 2025, payable March 31, 2025.","length":296,"tagName":"p"},{"type":"text","content":"Cash dividends amounted to $0.28 per share for the first quarter of 2025, the same amount paid in the first quarter of 2024.","length":124,"tagName":"p"},{"type":"text","content":"During 2024, the Corporation again achieved some record balance sheet levels and continued profitability. Key performance indicators and balance sheet measures at December 31, 2024 and quarter-to-date income statement results as of December 31, 2024 vs. the same period in 2023 are as follows:","length":293,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Assets amounted to $1,428,583,000, an increase of 0.9%","length":54,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total Net Loans grew 4.1% to $940,779,000","length":41,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total Deposits were $1,045,880,000, a 6.7% increase","length":51,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net interest income increased 18.2% to $8,649,000","length":49,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income increased 28.4% to $2,287,000 and on a per share basis, 31.0% to $0.38/share","length":87,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":282,"olType":false},{"type":"text","content":"The Corporation looks forward to 2025 as being the financial services provider of choice to our customers and the communities we serve.","length":135,"tagName":"p"},{"type":"text","content":"Management considers subsequent events occurring after the balance sheet date for matters which may require adjustment to, or disclosure in, the consolidated financial statements. The review period for subsequent events extends up to and including the filing date of a public company’s consolidated financial statements when filed with the Securities and Exchange Commission ("SEC"). Accordingly, the financial information in this announcement is subject to change.","length":475,"tagName":"p"},{"type":"text","content":"First ...