UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
FIRST KEYSTONE CORPORATION
(Name of Issuer)
COMMON STOCK, PAR VALUE $2.00 PER SHARE
(Title of Class of Securities)
320654205
(CUSIP Number)
Check if a fee is being paid with this statement. (A fee is
not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than
five percent of the class of securities described in Item 1; and
(2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class.) (See
Rule 13d-7).
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 5 pages
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CUSIP NO. 320654205 13G Page 2 of 5 Pages
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The First National Bank of Berwick
Trust Department
24-0525403
2. CHECK THE APPROPRIATE LETTER IF A MEMBER OF A GROUP
(a)
(b) X
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH SOLE VOTING POWER
79,853
6. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH SHARED VOTING POWER
12,435
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH SOLE DISPOSITIVE POWER
79,853
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH SHARED DISPOSITIVE POWER
12,435
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
92,288
10. CHECK IF THE AGGREGATE AMOUNT IN NUMBER 9 EXCLUDES CERTAIN
SHARES
Yes No X
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN NUMBER 9
10.38%
12. TYPE OF REPORTING PERSON
BK
Page 2 of 5 pages
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THE FIRST NATIONAL BANK OF BERWICK
TRUST DEPARTMENT
SCHEDULE 13G
ITEM 1.
(a) First Keystone Corporation
(b) 111 West Front Street, Berwick, Pennsylvania 18603
ITEM 2.
(a) The First National Bank of Berwick - Trust
Department, a wholly-owned subsidiary of the
issuer
(b) 111 West Front Street, Berwick, Pennsylvania 18603
(c) national banking association organized under the
laws of the United States of America
(d) common stock, par value $2.00 per share
(e) 320654205
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B),
OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
(a) Broker or Dealer registered under Section 15
of the Act
(b) X Bank as defined in section 3(a)(6) of the Act
(c) Insurance Company as defined in section
3(a)(19) of the Act
(d) Investment Company registered under section 8
of the Investment Company Act
(e) Investment Advisor registered under section
203 of the Investment Advisors Act of 1940
(f) Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see paragraph
240.13d-1(b)(1)(ii)(F)
(g) parent Holding Company, in accordance with
paragraph 240.13d-1(b)(ii)(G)
(h) Group, in accordance with paragraph
240.13d-1(b)(1)(ii)(H)
Page 3 of 5 pages
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ITEM 4. OWNERSHIP
If the percent of class owned, as of December 31 of the
year covered by the statement, or as of the last day of any month
described in Rule 13d-1(b)(2), if applicable, exceeds five
percent, provide the following information as of that date and
identify those shares which there is a right to acquire.
(a) Amount Beneficially Owned: 92,288 shares held in
a fiduciary capacity
(b) Percent of Class: 10.38%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
79,853
(ii) shared power to vote or to direct the vote:
12,435
(iii) sole power to dispose or to direct the
disposition of: 79,853
(iv) shared power to dispose or to direct the
disposition of: 12,435
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Is this statement being filed to report the fact that
as of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities? Yes No X
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTING ON BY THE
PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
Page 4 of 5 pages
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ITEM 10. CERTIFICATION
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
February 10, 1997
/s/ LESLIE W. BODLE
Leslie W. Bodle
Vice President and Trust Officer
Page 5 of 5 pages
