For the quarter ending 2026-03-31, FKYS had $15,590K increase in cash & cash equivalents over the period. $2,111K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents at beginning of period | - | - | 17,254 | - |
| Net income | 1,959 | -623 | 2,808 | 3,967 |
| (recovery of) provision for credit losses on loans | -390 | 3,932 | 255 | 514 |
| Provision for (recovery of) credit losses on unfunded commitments | 54 | -8 | -6 | -6 |
| Goodwill impairment | - | 0 | 0 | 0 |
| Depreciation and amortization | 348 | 334 | 334 | 609 |
| Net (discount accretion) premium amortization on securities | 48 | 81 | 5 | - |
| Net losses on disposals of premises and equipment | - | -5 | -10 | -2 |
| Deferred income tax expense (benefit) | 34 | -646 | 42 | 210 |
| Net gains on sales of mortgage loans | 46 | 46 | 59 | 38 |
| Proceeds from sales of mortgage loans originated for sale | 1,948 | 1,924 | 1,871 | 1,921 |
| Originations of mortgage loans originated for sale | 1,215 | 2,917 | 1,813 | 1,258 |
| Net securities (gains) losses | 174 | 96 | 109 | 19 |
| Decrease (increase) in accrued interest receivable | -153 | -78 | 121 | -39 |
| Increase in cash surrender value of bank owned life insurance | 170 | 174 | 172 | 320 |
| Gain from bank-owned life insurance proceeds | 0 | 0 | 0 | 255 |
| Increase in other assets | 1,583 | -678 | 610 | -516 |
| Amortization of investment in low-income housing partnerships | 204 | 205 | 205 | 409 |
| Net premium amortization on securities | - | - | - | 104 |
| (decrease) increase in accrued interest payable | -55 | -440 | 856 | 167 |
| Increase (decrease) in other liabilities | 1,176 | -157 | 84 | -833 |
| Net cash provided by operating activities | 2,195 | 1,968 | 3,466 | 5,729 |
| Proceeds from maturities and redemptions of debt securities available-for-sale | 10,543 | 16,544 | 14,949 | 26,887 |
| Purchases of debt securities available-for-sale | 4,000 | 0 | 49,418 | 2,500 |
| Net change in restricted investment in bank stocks | 0 | 0 | 0 | -40 |
| Net increase in loans originated as held for investment | - | 2,520 | - | - |
| Net decrease (increase) in loans originated as held for investment | -25,486 | - | -2,021 | 12,368 |
| Proceeds from bank-owned life insurance | 0 | 1 | 0 | 1,237 |
| Purchase of premises and equipment | 84 | -16 | 62 | 267 |
| Common stock issued | - | - | - | 0 |
| Purchase of investment in real estate venture | 0 | 0 | 0 | 0 |
| Dividends paid | - | - | - | 3,482 |
| Net cash provided by (used in) investing activities | 21,598 | 24,388 | -32,510 | 13,029 |
| Net decrease in deposits | -6,148 | -55,057 | 135,216 | 11,398 |
| Net (decrease) increase in short-term borrowings | -761 | 3,989 | 3,305 | -4,875 |
| Proceeds from long-term borrowings | - | 0 | - | - |
| Repayment of long-term borrowings | - | 0 | 0 | - |
| Dividends paid, net of reinvestment | 1,294 | 1,294 | 4,757 | - |
| Net cash (used in) provided by financing activities | -8,203 | -52,362 | 137,246 | 3,041 |
| Increase in cash and cash equivalents | 15,590 | -26,006 | 108,202 | 21,799 |
| Cash and cash equivalents, beginning | 121,249 | 17,254 | - | - |
| Cash and cash equivalents at end of period | - | - | 147,255 | - |
| Cash and cash equivalents, ending | 136,839 | 121,249 | - | - |
FIRST KEYSTONE CORP (FKYS)
FIRST KEYSTONE CORP (FKYS)