First Keystone Corporation reported its Q3 2025 earnings, showing interest income increased by $4.073 million, a 7.7% rise over the nine‑month period ended September 30, 2024. Net income for the period was $6.775 million, compared with a net loss of $15.490 million for the same period in 2024, and net income per share rose to $1.09 from a loss per share of $2.52.
Total interest expense fell by $76,000, a 0.3% decline. The reduction was driven by a $1.759 million decrease in short‑term borrowings, but it was partially offset by a $1.683 million increase in interest expense related to deposits, largely due to a rise in brokered certificates of deposit.
Non‑interest income grew 13.2% to $638,000, driven by gains from life insurance proceeds and improved securities returns.
Total assets increased 10.0% to $1,582,377,000, while deposits grew 16.9% and loans rose by $23,134,000 compared with the end of 2024.
The improvement in net income is largely attributable to the absence of a $19,133,000 goodwill impairment charge that was recorded in the first quarter of 2024.
Management highlighted growth in commercial real‑estate loans and a strategic shift toward term deposits. The company also maintained its year‑to‑date dividend of $0.84 per share.
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