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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest reported): May 30, 2024

 

FIRST KEYSTONE CORPORATION

(Exact name of registrant as specified in its Charter)

 

pennsylvania 000-21344 23-2249083
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.

 

   
111 West Front Street, Berwick, Pennsylvania 18603
(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code: (570) 752-3671

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading symbol Name of each exchange on which
registered
Common stock FKYS OTC: Pink

 

 

 

 

 

ITEM 2.06 Material Impairments.

 

On May 30, 2024, First Keystone Corporation (the “Corporation”), parent company of First Keystone Community Bank, issued a press release announcing a non-cash goodwill impairment as of March 31, 2024. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 8.01. OTHER EVENTS

 

On May 30, 2024, First Keystone Corporation (the “Corporation”), parent company of First Keystone Community Bank, issued a press release reporting the declaration of their second quarter dividend. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

 

(a)    Not applicable

(b)    Not applicable

(c)    Not applicable

(d)    Exhibits

 

Exhibit No.   Description
99.1   Press Release of First Keystone Corporation dated  May 30, 2024
104   Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).

 

 

 

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, there unto duly authorized.

 

  FIRST KEYSTONE CORPORATION
  (Registrant)
     
  By: /s/ Elaine A. Woodland
  Elaine A. Woodland
  President and CEO
   
  Date: May 30, 2024