First Keystone Corp Announces Redemption of 4.375% Notes Due 2030

What Happened
First Keystone Corporation filed a Form 8-K (Item 8.01) on August 28, 2026 announcing it will redeem in full all of its outstanding 4.375% Fixed-to-Floating Rate Notes due December 31, 2030. The Company set the redemption date for September 30, 2026 and will pay 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. The filing was signed by Jack W. Jones, President and CEO.

Key Details

• Redemption date: September 30, 2026.
• Securities: 4.375% Fixed-to-Floating Rate Notes due December 31, 2030.
• Aggregate principal amount: $25,000,000.
• Redemption price: 100% of principal plus interest accrued and unpaid to but excluding the redemption date.

Why It Matters
This action retires the company’s outstanding $25 million note liability before its stated maturity in 2030, which affects the company’s debt profile and interest obligations. For investors, the immediate impact is limited cash repayment of principal (plus accrued interest) to noteholders on the redemption date; equity investors should note a change in long-term debt outstanding but the filing contains no additional financial details or forward-looking statements.