Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Rosler Diane Carol Arnett
2. Date of Event Requiring Statement (Month/Day/Year)
04/18/2006
3. Issuer Name and Ticker or Trading Symbol
FIRST KEYSTONE CORP [fkys.ob]
(Last)
(First)
(Middle)
427 JEFFERSON STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Principal Financial Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BLOOMSBURG, PA 17815
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
First Keystone Corporation Common Stock 565.8781
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option Right to Buy 03/22/1999 09/22/2008 First Keystone Common Stock 393 $ 21.27 D  
Employee Stock Option Right to Buy 03/28/2000 09/28/2009 First Keystone Common Stock 393 $ 16.67 D  
Employee Stock Option Right to Buy 03/26/2001 09/26/2010 First Keystone Common Stock 393 $ 10.79 D  
Employee Stock Option Right to Buy 03/24/2003 09/24/2012 First Keystone Common Stock 750 $ 15.83 D  
Employee Stock Option Right to Buy 03/23/2004 09/23/2013 First Keystone Common Stock 750 $ 22.17 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rosler Diane Carol Arnett
427 JEFFERSON STREET
BLOOMSBURG, PA 17815
      Principal Financial Officer

Signatures

Diane Carol Arnett Rosler 06/06/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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