FIRST KEYSTONE CORP 8-K/A

What Happened
First Keystone Corporation filed an amendment to its Form 8‑K (originally furnished Jan 30, 2026) on March 30, 2026 to provide a revised press release reflecting post‑year‑end adjustments to the allowance for credit losses and related entries. The revision changes several reported 2025 year‑end financial line items, including interest income, provision for credit losses, net income, total assets and stockholders’ equity. The amended release is attached as Exhibit 99.1 and the filing was signed by Jack W. Jones, President and CEO.

Key Details

• Total interest income revised to $5,777,000 (up 8.1% vs. Dec. 31, 2024) from the originally reported $5,843,000.
• Provision for credit losses revised to an increase of $3,601,000 vs. 2024 (originally reported increase $1,273,000), driven by two larger charge‑offs and a commercial real‑estate loan moved to non‑accrual in Q4 2025.
• Net income revised to $6,152,000, or $0.99 per share (increase of $19,355,000 vs. 2024); originally reported net income was $7,622,000 ($1.22 per share).
• Total assets revised to $1,530,977,000 (up $102,394,000 or 7.2% vs. 2024); total stockholders’ equity revised to an increase of $6,278,000 (5.9% vs. 2024), with a $6,177,000 improvement in accumulated other comprehensive loss noted.

Why It Matters
The amendment lowers reported 2025 net income and increases the provision for credit losses compared with the originally furnished release, signaling larger credit charge‑offs and at least one significant loan moved to non‑accrual in Q4 2025. For investors, the changes affect profitability metrics (net income and EPS) and highlight credit quality developments that may merit attention when assessing First Keystone’s recent performance and asset risk. Review the revised press release (Exhibit 99.1) and the company’s subsequent disclosures for further detail.