First Keystone Corp (OTC: FKYS)

First Keystone Corporation is a Pennsylvania business corporation and a bank holding company registered with and supervised by the Board of Governors of the Federal Reserve System. The corporation's primary activity is managing and supervising its wholly owned subsidiary First Keystone Community Bank which provides commercial banking and trust department services.

First Keystone Corporation generates revenue mainly through dividends received from its bank subsidiary. The bank earns income from interest on loans, fees on deposit accounts, and charges for trust and advisory services offered to individuals, businesses and municipal entities.

The company operates through the following segments:

• Community Banking: This segment includes accepting time, demand and savings deposits; making secured and unsecured commercial, real estate, agricultural and consumer loans; and providing personal and corporate trust and agency services such as trust investment accounts, investment advisory services, mutual funds, estate planning and management of pension and profit sharing plans across its nineteen branch locations in Northeastern Pennsylvania.

First Keystone Corporation holds a modest position in the regional banking market competing with numerous commercial banks savings banks savings and loan associations and credit unions. It ranks twelfth in deposit market share among the top twenty banks in its principal five county area with 2.9 percent of deposits and second in the Berwick market with 31.2 percent of deposits. Its competitive advantages stem from relationship banking a strong local presence and a full suite of retail and commercial services.

First Keystone Corporation serves individuals small to medium sized businesses municipalities and trust clients across its Northeastern Pennsylvania footprint.