First Keystone Corporation reported earnings results for the year ending December 31, 2012. For the period, the company reported net income of $10,170,000 or $1.86 per share as compared to $9,907,000 or $1.82 per share in 2011. Net income was up by $263,000 or 2.7% for the year ended December 31, 2012.

Earnings for 2012 continued to be impacted by an improving net interest margin. Net interest income before the provision for loan losses was $28.42 million in 2012 versus $27.62 million in 2011 an 2.9% increase. Interest on loans and investments declined by 5.7% while interest on deposits and borrowed funds declined by $2.9 million or 30.7%.