Attached files

                           Exhibit 99.1


                          PRESS RELEASE


          FIRST KEYSTONE CORPORATION ANNOUNCES INCREASE
                  IN FIRST QUARTER 2012 EARNINGS

Berwick, Pennsylvania - April 30, 2012 - First Keystone
Corporation (OTC BB: FKYS), parent company of First Keystone
Community Bank, reported net income of $2,656,000 for the quarter
ending March 31, 2012, or an increase of 6.4% over the first
quarter of 2011.

Earnings per share were $.49, in the first quarter of 2012 as
compared to $.46 in the first quarter of 2011, an increase of
6.5%. Cash dividends paid in the first quarter of 2012 were $.25
per share as compared to $.24 paid in the first quarter of 2011,
an increase of 4.2%.

Chief Executive Officer Matthew P. Prosseda reported, "Continued
improvement in our net-interest income and net-interest margin
from the first quarter of 2012 was the key to the increased
earnings."

Total assets and deposits increased to $823,693,000 and
$638,805,000 as of March 31, 2012, an increase of 1.8% and 2.0%,
respectively, over first quarter 2011.  Loans, net of unearned
income, increased slightly to $420,187,000, an increase of 2.5%
from the first quarter of 2011.

First Keystone Community Bank, an independently owned community
bank since 1864, presently operates 16 full service offices in
Columbia (5), Luzerne (6), Montour (1), and Monroe (4) counties
providing banking and trust services.

Inquiries regarding the purchase of the Corporation's stock may
be made through the following brokers:  RBC Dain Rauscher,
800.223.4207; Legg Mason Wood Walker, Inc., 800.888.6673; Janney
Montgomery Scott, Inc., 800.526.6397; Ferris, Baker, Watts, Inc.,
800.638.7411; Ryan, Beck and Company, 800.223.8969; and Boenning
& Scattergood, Inc., 800.883.8383.

Note:  This press release may contain forward-looking statements
as defined in the Private Securities Litigation Reform Act of
1995.  Actual results and trends could differ materially from
those set forth in such statements due to various factors.  These
factors include operating, legal and regulatory risks, changing
economic and competitive conditions and other risks and
uncertainties.

For more information on First Keystone Community Bank or its
parent company, First Keystone Corporation, please contact
Matthew P. Prosseda at 570.752.3671.



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