First Keystone Corporation Announces First Quarter Dividend
Cash dividends amounted to
During the fourth quarter 2022, the Corporation again achieved some record balance sheet levels and continued profitability. Key performance indicators and balance sheet measures at
-
Assets amounted to
, an increase of$1,329,194,000 0.7% -
Total Net Loans grew
14.2% to$850,195,000 -
Total Deposits were
, a$993,499,000 7.8% decrease -
Net interest income increased
1.6% to$37,500,000 -
Net income decreased
4.5% to and$14,024,000 5.6% to /share$2.35 -
Return on assets of
1.07% -
Return on equity of
10.75%
The Corporation looks forward to 2023 as being the financial services provider of choice to our customers and the communities we serve.
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
Inquiries regarding the purchase of the Corporation’s stock may be made through the following brokers: RBC
Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks, changing economic and competitive conditions and other risks and uncertainties.
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