For Further Information Contact:

                             J. Gerald Bazewicz
                             President and
                             Chief Executive Officer
                             (570) 752-3671



                           Exhibit 99.1


                          PRESS RELEASE


                     FIRST KEYSTONE ANNOUNCES
                       RECORD 2009 EARNINGS

Berwick, Pennsylvania - FEBRUARY 1, 2010 - First Keystone
Corporation (OTC BB: FKYS), parent company of First Keystone
National Bank, reported record net income of $7,937,000 or $1.46
per share for the year ending December 31, 2009, as compared to
$7,551,000 or $1.39 per share in 2008.  For the fourth quarter
ending December 31, 2009, net income was $1,586,000 as compared
to $1,716,000 for the same period in 2008, a decrease of 7.6% due
to a discovered defalcation which was expensed in the fourth
quarter.  Management believes the defalcation will be a covered
loss, less the deductible.  The insurance proceeds will be
recognized when received in 2010.

Earnings for 2009 were positively impacted by an improving net
margin.  An increase in non-interest income also accounted for
the improvement in 2009 earnings.  Overall asset quality remains
strong with non performing assets to total assets of 0.45% and an
allowance for loan losses at 1.31% of total loans.

Cash dividends per share amounted to $.92 for year ending
December 31, 2009, an increase of 3.4% from the $.89 paid in
2008.  Total assets and deposits increased to $758,330,000 and
$580,567,000 as of December 31, 2009, an increase of 6.1% and
15.0%, respectively.  Loans, net of unearned income, amounted to
$406,697,000 as of December 31, 2009.

First Keystone National Bank, an independently owned community
bank since 1864, presently operates 15 full service offices in
Columbia (5), Luzerne (5), Montour (1), and Monroe (4) Counties
providing banking and trust services.  In Monroe County, the Bank
trades as Pocono Community Bank, a division of First Keystone
National Bank.



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Inquiries regarding the purchase of the company's stock may be
made through the following brokers:  RBC Dain Rauscher,
      800.223.4207; Janney Montgomery Scott, Inc., 800.526.6397; Boenning &
Scattergood, Inc., 800.883.8383; and Stifel Nicolaus & Co. Inc.,
800.223.6807.

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 National Bank or its
parent company, First Keystone Corporation, please contact J.
Gerald Bazewicz at 570.752.3671, extension 1172.



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