The earnings beat on a YoY basis is positive, but the provision credit and securities gains are non-core. Monitor Q3 2026 for loan growth and net interest margin trends to assess earnings quality. No guidance was provided, so watch for any forward-looking commentary in the next 10-Q.
Price Chart
Executive Summary
First Keystone Corp reported H1 2026 net income of $5.736M ($0.91 per share), up 44.6% YoY, driven by higher interest income and a credit provision. Total assets grew 9.5% to $1.574B and deposits rose 11.6%. The strong earnings improvement is notable, but the provision credit and securities gains boosted results, warranting caution on sustainability.
Key Facts
- H1 2026 net income $5,736,000, up 44.6% vs H1 2025
- EPS $0.91 vs prior period; dividends $0.56 per share
- Total interest income +5.7% to $2.124M for six months
- Provision for credit losses swung to a credit of $689,000 from an expense of $514,000
- Total assets $1,574,315,000 (+9.5% YoY); deposits +11.6%
- Stockholders equity +10.1% to $10.909M, aided by AOCI improvement
Financial Impact
Net income increased $1.769M (44.6%) YoY; EPS $0.91 vs $0.63 implied from prior year
Risk Factors
- Provision credit may not recur; loan portfolio shrinkage ($9.4M decline) could pressure future interest income
- Higher retail CD costs (+$1.96M) may compress net interest margin
- Derivative agreements reduced net interest income by $555K in H1 2026 vs a +$346K benefit in H1 2025
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000737875-26-000027 |
| Document: fkys-20260730xex99d1.htm | 0000737875-26-000027 |
| Document: 0000737875-26-000027-index-headers.html | 0000737875-26-000027 |
| Document: 0000737875-26-000027-index.html | 0000737875-26-000027 |
| Document: 0000737875-26-000027.txt | 0000737875-26-000027 |
| 8-K Data (Synthetic) | 0000737875-26-000027 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 26d ago | 8-K | $19.23 | awaiting T+60 | — | $19.10 (−0.68%) |
Aug 3, 2026 12w ago | 8-K | $18.96 $18.86 | ▼ −0.53% | ▼ −2.31% | $19.10 (+0.74%) |
May 28, 2026 21w ago | 8-K | $18.00 $19.00 | ▲ +5.56% | ▲ +4.37% | $19.10 (+6.11%) |
May 28, 2026 21w ago | Insider Cluster | $17.99 $18.96 | ▲ +5.39% | ▲ +3.66% | $19.10 (+6.17%) |
May 26, 2026 22w ago | 8-K | $17.85 $18.95 | ▲ +6.16% | ▲ +3.44% | $19.10 (+7.00%) |
May 1, 2026 25w ago | 8-K | $19.00 $18.49 | ▼ −2.68% | ▼ −5.75% | $19.10 (+0.53%) |
Mar 4, 2026 33w ago | 8-K | $19.63 $17.99 | ▼ −8.35% | ▼ −18.44% | $19.10 (−2.70%) |
US Market Status
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