Financial Services - Banks - Regional - NASDAQ - US
$ 13.51
-1.39 %
$ 76.2 M
Market Cap
18.01
P/E
Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts, such as demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for small to medium sized businesses. The company's loan portfolio consists of commercial real estate, commercial construction, and home equity loans and lines of credit; commercial loans comprising business installment loans, lines of credit, and other commercial loans; one- to four-family residential mortgages; and consumer loans, such as personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured loans, as well as loans secured by certificates of deposit.[ Read More ]
The intrinsic value of one LSBK stock under the base case scenario is HIDDEN Compared to the current market price of 13.5 USD, Lake Shore Bancorp, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart LSBK
FINANCIALS
28 M
REVENUE
6.21 M
OPERATING INCOME
4.82 M
NET INCOME
6.2 M
OPERATING CASH FLOW
19.5 M
INVESTING CASH FLOW
18.4 M
FINANCING CASH FLOW
9.64 M
REVENUE
1.59 M
OPERATING INCOME
1.33 M
NET INCOME
-1.42 M
OPERATING CASH FLOW
7.35 M
INVESTING CASH FLOW
-16.9 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Lake Shore Bancorp, Inc.
| Current Assets | 53.7 M |
| Cash & Short-Term Investments | 53.7 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 59.5 M |
| Long-Term Investments | 51.4 M |
| PP&E | 8.1 M |
| Other Non-Current Assets | 0 |
| Current Liabilities | 0 |
| Accounts Payable | 1 |
| Short-Term Debt | 0 |
| Other Current Liabilities | -1 |
| Non-Current Liabilities | 639 M |
| Long-Term Debt | 10.7 M |
| Other Non-Current Liabilities | 628 M |
EFFICIENCY
Earnings Waterfall
Lake Shore Bancorp, Inc.
| Revenue | 28 M |
| Cost Of Revenue | 0 |
| Gross Profit | 28 M |
| Operating Expenses | 19.2 M |
| Operating Income | 6.21 M |
| Other Expenses | 1.39 M |
| Net Income | 4.82 M |
RATIOS
100.00%
GROSS MARGIN
22.16%
OPERATING MARGIN
17.19%
NET MARGIN
5.59%
ROE
0.66%
ROA
4.99%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Lake Shore Bancorp, Inc.
| Net Income | 4.82 M |
| Depreciation & Amortization | 807 K |
| Capital Expenditures | -391 K |
| Stock-Based Compensation | 103 K |
| Change in Working Capital | 1.55 M |
| Others | 458 K |
| Free Cash Flow | 5.81 M |
Wall Street Analysts Price Targets
Lake Shore Bancorp, Inc.
LSBK has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.48%
DIVIDEND YIELD
0.18 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Lake Shore Bancorp, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
124 K USD 4
0-3 MONTHS
288 K USD 2
3-6 MONTHS
49.6 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 04, 2024
|
Bought 15.5 K USD
|
Sanvidge Kevin M.
director, other: Chairman of the Board |
+ 1149
|
13.5166 USD |
|
2 weeks ago
Nov 01, 2024
|
Bought 43.9 K USD
|
Sanvidge Kevin M.
director, other: Chairman of the Board |
+ 3230
|
13.5761 USD |
|
2 months ago
Aug 27, 2024
|
Bought 21.7 K USD
|
Segarra Ann M
Director |
+ 1700
|
12.76 USD |
|
2 months ago
Aug 27, 2024
|
Bought 5.1 K USD
|
Gilden Taylor M
Chief Financial Officer |
+ 400
|
12.76 USD |
|
2 months ago
Aug 26, 2024
|
Bought 38.1 K USD
|
Passafaro Ronald J
Director |
+ 3000
|
12.714 USD |
|
5 months ago
Jun 06, 2024
|
Bought 243 K USD
|
Segarra Ann M
Director |
+ 18800
|
12.9496 USD |
|
5 months ago
Jun 05, 2024
|
Bought 38.8 K USD
|
Segarra Ann M
Director |
+ 3000
|
12.94 USD |
|
5 months ago
May 24, 2024
|
Bought 5.76 K USD
|
Gilden Taylor M
Chief Financial Officer |
+ 462
|
12.474 USD |
|
6 months ago
Apr 25, 2024
|
Bought 32.4 K USD
|
Sanvidge Kevin M.
director, other: Chairman of the Board |
+ 3000
|
10.814 USD |
|
8 months ago
Mar 05, 2024
|
Bought 17.1 K USD
|
Passafaro Ronald J
Director |
+ 1500
|
11.412 USD |
|
1 year ago
Nov 01, 2023
|
Bought 71.2 K USD
|
LIDDELL KIM C
|
+ 7000
|
10.17 USD |
|
1 year ago
Oct 31, 2023
|
Bought 10.2 K USD
|
Sanvidge Kevin M.
Director |
+ 1000
|
10.1648 USD |
|
1 year ago
Oct 31, 2023
|
Bought 18.3 K USD
|
Passafaro Ronald J
Director |
+ 1800
|
10.1748 USD |
|
1 year ago
Aug 12, 2023
|
Bought 10.5 K USD
|
Gilden Taylor
Chief Financial Officer |
+ 1000
|
10.499 USD |
|
1 year ago
Aug 03, 2023
|
Bought 10.6 K USD
|
Passafaro Ronald J
Director |
+ 1000
|
10.5961 USD |
|
1 year ago
May 04, 2023
|
Bought 22.8 K USD
|
LIDDELL KIM C
|
+ 2029
|
11.25 USD |
|
1 year ago
May 03, 2023
|
Bought 1.15 K USD
|
Mehltretter John L
Director |
+ 100
|
11.4532 USD |
|
1 year ago
May 03, 2023
|
Bought 103 USD
|
Mehltretter John L
Director |
+ 9
|
11.49 USD |
|
1 year ago
May 03, 2023
|
Bought 10.2 K USD
|
Mehltretter John L
Director |
+ 891
|
11.5 USD |
|
1 year ago
May 03, 2023
|
Bought 4.6 K USD
|
LIDDELL KIM C
|
+ 400
|
11.497 USD |
|
1 year ago
May 03, 2023
|
Bought 34.5 USD
|
LIDDELL KIM C
|
+ 3
|
11.49 USD |
|
1 year ago
May 03, 2023
|
Bought 3.36 K USD
|
LIDDELL KIM C
|
+ 295
|
11.4 USD |
|
1 year ago
May 03, 2023
|
Bought 224 K USD
|
LIDDELL KIM C
|
+ 19465
|
11.5 USD |
|
1 year ago
May 02, 2023
|
Bought 562 USD
|
LIDDELL KIM C
|
+ 50
|
11.25 USD |
|
1 year ago
May 01, 2023
|
Bought 990 USD
|
LIDDELL KIM C
|
+ 88
|
11.25 USD |
|
1 year ago
May 01, 2023
|
Bought 4.66 K USD
|
LIDDELL KIM C
|
+ 419
|
11.13 USD |
|
1 year ago
May 01, 2023
|
Bought 3.34 K USD
|
LIDDELL KIM C
|
+ 300
|
11.12 USD |
|
1 year ago
May 01, 2023
|
Bought 1.12 K USD
|
LIDDELL KIM C
|
+ 100
|
11.22 USD |
|
1 year ago
May 01, 2023
|
Bought 1.12 K USD
|
LIDDELL KIM C
|
+ 100
|
11.16 USD |
|
1 year ago
May 01, 2023
|
Bought 5.48 K USD
|
LIDDELL KIM C
|
+ 500
|
10.97 USD |
|
4 years ago
Oct 23, 2020
|
Sell 2.14 K USD
|
Werdein Jeffrey M.
EVP-Commercial Division |
- 171
|
12.5 USD |
|
4 years ago
Oct 26, 2020
|
Sell 3.76 K USD
|
Werdein Jeffrey M.
EVP-Commercial Division |
- 295
|
12.75 USD |
|
4 years ago
Aug 21, 2020
|
Bought 5.18 K USD
|
Bennett Tracy Steve
Director |
+ 432
|
12 USD |
|
4 years ago
Aug 05, 2020
|
Bought 11.3 K USD
|
McGrath John P
Director |
+ 1000
|
11.3 USD |
|
4 years ago
May 11, 2020
|
Bought 6.48 K USD
|
Passafaro Ronald J
Director |
+ 500
|
12.9532 USD |
|
4 years ago
Mar 04, 2020
|
Bought 3.74 K USD
|
Bennett Tracy Steve
Director |
+ 243
|
15.4 USD |
|
4 years ago
Feb 07, 2020
|
Bought 2.32 K USD
|
Sanvidge Kevin M.
Director |
+ 150
|
15.469 USD |
|
5 years ago
Oct 28, 2019
|
Bought 898 USD
|
Sanvidge Kevin M.
Director |
+ 60
|
14.9741 USD |
|
5 years ago
Aug 27, 2019
|
Sell 11.6 K USD
|
Reininga Daniel P
President and CEO |
- 773
|
15 USD |
|
5 years ago
Aug 13, 2019
|
Sell 17.9 K USD
|
Reininga Daniel P
President and CEO |
- 1217
|
14.7 USD |
|
5 years ago
May 07, 2019
|
Bought 1.44 K USD
|
Bennett Tracy Steve
Director |
+ 96
|
14.98 USD |
|
5 years ago
Jan 31, 2019
|
Bought 31.7 K USD
|
Mehltretter John L
Director |
+ 2000
|
15.84 USD |
|
6 years ago
Feb 28, 2018
|
Bought 3.27 K USD
|
Mehltretter John L
Director |
+ 200
|
16.3639 USD |
|
6 years ago
Nov 28, 2017
|
Bought 1.65 K USD
|
Mehltretter John L
Director |
+ 100
|
16.47 USD |
|
7 years ago
Feb 06, 2017
|
Bought 1.56 K USD
|
Mehltretter John L
Director |
+ 100
|
15.5933 USD |
|
7 years ago
Feb 06, 2017
|
Bought 1.55 K USD
|
Mehltretter John L
Director |
+ 100
|
15.487 USD |
|
6 years ago
Oct 23, 2018
|
Sell 7.37 K USD
|
Werdein Jeffrey M.
EVP-Commercial Division |
- 471
|
15.65 USD |
|
6 years ago
Oct 23, 2018
|
Sell 1.28 K USD
|
Sutton Beverly
Vice President |
- 82
|
15.65 USD |
|
6 years ago
Aug 23, 2018
|
Bought 4.02 K USD
|
Bennett Tracy Steve
Director |
+ 233
|
17.25 USD |
|
6 years ago
Aug 22, 2018
|
Bought 292 USD
|
Bennett Tracy Steve
Director |
+ 17
|
17.2 USD |
|
6 years ago
Aug 14, 2018
|
Bought 2.59 K USD
|
Bennett Tracy Steve
Director |
+ 150
|
17.25 USD |
|
6 years ago
Aug 14, 2018
|
Bought 1.72 K USD
|
Bennett Tracy Steve
Director |
+ 100
|
17.2 USD |
|
6 years ago
Aug 14, 2018
|
Sell 21 K USD
|
Reininga Daniel P
President and CEO |
- 1226
|
17.1 USD |
|
6 years ago
Aug 14, 2018
|
Bought 2.59 K USD
|
Bennett Tracy Steve
Director |
+ 150
|
17.25 USD |
|
6 years ago
Aug 14, 2018
|
Bought 1.72 K USD
|
Bennett Tracy Steve
Director |
+ 100
|
17.2 USD |
|
6 years ago
Aug 10, 2018
|
Bought 4.08 K USD
|
Bennett Tracy Steve
Director |
+ 236
|
17.27 USD |
|
6 years ago
Aug 09, 2018
|
Bought 242 USD
|
Bennett Tracy Steve
Director |
+ 14
|
17.25 USD |
|
6 years ago
Aug 01, 2018
|
Bought 4.31 K USD
|
Bennett Tracy Steve
Director |
+ 250
|
17.25 USD |
|
6 years ago
Aug 01, 2018
|
Bought 778 USD
|
Sanvidge Kevin M.
Director |
+ 45
|
17.3 USD |
|
7 years ago
Oct 24, 2017
|
Sell 8.34 K USD
|
Werdein Jeffrey M.
EVP-Commercial Division |
- 516
|
16.17 USD |
|
7 years ago
Dec 12, 2016
|
Bought 1.54 K USD
|
Mehltretter John L
Director |
+ 100
|
15.4419 USD |
|
8 years ago
Nov 02, 2016
|
Sell 11.5 K USD
|
Brautigam Sharon E
Director |
- 821
|
14.0027 USD |
|
8 years ago
Oct 31, 2016
|
Sell 14.2 USD
|
Brautigam Sharon E
Director |
- 1
|
14.25 USD |
|
8 years ago
Aug 18, 2016
|
Sell 1.34 K USD
|
Winger Gary P
Director |
- 100
|
13.42 USD |
|
8 years ago
Aug 17, 2016
|
Sell 22.1 K USD
|
Winger Gary P
Director |
- 1650
|
13.42 USD |
|
8 years ago
Aug 18, 2016
|
Sell 21.4 K USD
|
Winger Gary P
Director |
- 1600
|
13.37 USD |
|
8 years ago
Aug 15, 2016
|
Sell 41.1 K USD
|
Winger Gary P
Director |
- 3100
|
13.26 USD |
|
8 years ago
Aug 15, 2016
|
Sell 17.7 K USD
|
Reininga Daniel P
President and CEO |
- 1319
|
13.3868 USD |
|
8 years ago
Aug 08, 2016
|
Sell 30.9 K USD
|
Winger Gary P
Director |
- 2299
|
13.42 USD |
|
8 years ago
Jun 13, 2016
|
Sell 11.7 K USD
|
Corsi Reginald S
Director |
- 900
|
13.05 USD |
|
8 years ago
Jun 10, 2016
|
Sell 28 K USD
|
Corsi Reginald S
Director |
- 2148
|
13.0522 USD |
|
8 years ago
Jun 09, 2016
|
Sell 17.6 K USD
|
Corsi Reginald S
Director |
- 1352
|
13 USD |
|
8 years ago
Jun 07, 2016
|
Sell 17.2 K USD
|
Corsi Reginald S
Director |
- 1300
|
13.1993 USD |
|
8 years ago
Jun 07, 2016
|
Sell 32.8 K USD
|
Brautigam Sharon E
Director |
- 2500
|
13.1143 USD |
|
8 years ago
Jun 08, 2016
|
Sell 3.86 K USD
|
Brautigam Sharon E
Director |
- 297
|
13 USD |
|
8 years ago
Jun 03, 2016
|
Sell 13.5 K USD
|
Corsi Reginald S
Director |
- 1000
|
13.5051 USD |
|
8 years ago
Jun 06, 2016
|
Sell 18.8 K USD
|
Corsi Reginald S
Director |
- 1420
|
13.2354 USD |
|
8 years ago
May 24, 2016
|
Sell 6.75 K USD
|
Brautigam Sharon E
Director |
- 500
|
13.5004 USD |
|
8 years ago
Jun 03, 2016
|
Sell 1.35 K USD
|
Brautigam Sharon E
Director |
- 100
|
13.5 USD |
|
8 years ago
May 27, 2016
|
Sell 1.35 K USD
|
Corsi Reginald S
Director |
- 100
|
13.5 USD |
|
8 years ago
May 23, 2016
|
Sell 8.1 K USD
|
Brautigam Sharon E
Director |
- 600
|
13.4922 USD |
|
8 years ago
May 18, 2016
|
Sell 20.7 K USD
|
Corsi Reginald S
Director |
- 1535
|
13.5088 USD |
|
8 years ago
May 18, 2016
|
Sell 38.1 K USD
|
Reininga Daniel P
President and CEO |
- 2800
|
13.6126 USD |
|
8 years ago
May 16, 2016
|
Sell 134 K USD
|
Reininga Daniel P
President and CEO |
- 9846
|
13.6022 USD |
|
8 years ago
May 18, 2016
|
Sell 34.9 K USD
|
Brautigam Sharon E
Director |
- 2576
|
13.5416 USD |
|
8 years ago
May 04, 2016
|
Sell 682 USD
|
Winger Gary P
Director |
- 47
|
14.5 USD |
|
8 years ago
May 04, 2016
|
Sell 8.92 K USD
|
Winger Gary P
Director |
- 604
|
14.76 USD |
|
8 years ago
May 04, 2016
|
Sell 16.8 K USD
|
Winger Gary P
Director |
- 1135
|
14.77 USD |
|
8 years ago
May 04, 2016
|
Sell 3.16 K USD
|
Winger Gary P
Director |
- 214
|
14.78 USD |
|
8 years ago
Mar 10, 2016
|
Sell 33.6 K USD
|
Foley Rachel A
Chief Financial Officer |
- 2500
|
13.45 USD |
|
8 years ago
Mar 10, 2016
|
Sell 65.9 K USD
|
Foley Rachel A
Chief Financial Officer |
- 4933
|
13.35 USD |
|
8 years ago
Mar 10, 2016
|
Sell 79 K USD
|
Foley Rachel A
Chief Financial Officer |
- 6000
|
13.17 USD |
|
8 years ago
Mar 10, 2016
|
Sell 40.8 K USD
|
Foley Rachel A
Chief Financial Officer |
- 3140
|
13 USD |
|
8 years ago
Feb 25, 2016
|
Sell 59.4 K USD
|
Yocum Nancy L
Director |
- 4449
|
13.35 USD |
|
8 years ago
Feb 09, 2016
|
Sell 73.4 K USD
|
Yocum Nancy L
Director |
- 5500
|
13.35 USD |
|
8 years ago
Feb 05, 2016
|
Sell 10.7 K USD
|
Yocum Nancy L
Director |
- 800
|
13.425 USD |
|
9 years ago
Aug 13, 2015
|
Sell 17 K USD
|
Reininga Daniel P
President and CEO |
- 1287
|
13.22 USD |
|
9 years ago
Feb 05, 2015
|
Bought 1.35 K USD
|
Bennett Tracy Steve
Director |
+ 100
|
13.5 USD |
|
10 years ago
Nov 12, 2014
|
Sell 1.28 K USD
|
Mancuso David C
Director |
- 100
|
12.8 USD |
|
10 years ago
Nov 14, 2014
|
Sell 5.1 K USD
|
Mancuso David C
Director |
- 400
|
12.75 USD |
|
10 years ago
Nov 11, 2014
|
Sell 151 K USD
|
Mancuso David C
Director |
- 11800
|
12.7636 USD |
|
10 years ago
Nov 17, 2014
|
Sell 465 K USD
|
Mancuso David C
Director |
- 35785
|
12.9872 USD |
|
10 years ago
Dec 11, 2013
|
Bought 11 K USD
|
Ballard Susan C.
Director |
+ 900
|
12.25 USD |
|
11 years ago
Dec 17, 2012
|
Bought 10.5 K USD
|
Corsi Reginald S
Director |
+ 1002
|
10.45 USD |
|
12 years ago
Nov 15, 2012
|
Sell 10.4 K USD
|
Bennett Tracy Steve
Director |
- 1000
|
10.35 USD |
|
12 years ago
Mar 07, 2012
|
Bought 2.62 K USD
|
Bennett Tracy Steve
Director |
+ 250
|
10.5 USD |
|
12 years ago
Mar 07, 2012
|
Bought 2.62 K USD
|
Bennett Tracy Steve
Director |
+ 250
|
10.5 USD |
|
12 years ago
Feb 14, 2012
|
Bought 9.85 K USD
|
Reininga Daniel P
President & CEO |
+ 1000
|
9.85 USD |
|
12 years ago
Dec 08, 2011
|
Sell 85.7 USD
|
Brunecz Michael E
Director |
- 9
|
9.52 USD |
|
13 years ago
Nov 15, 2011
|
Bought 7.35 K USD
|
Bennett Tracy Steve
Director |
+ 750
|
9.8 USD |
|
13 years ago
Nov 15, 2011
|
Bought 485 USD
|
Bennett Tracy Steve
Director |
+ 50
|
9.6999 USD |
|
13 years ago
Aug 08, 2011
|
Bought 1.56 K USD
|
Bennett Tracy Steve
Director |
+ 150
|
10.43 USD |
|
13 years ago
Aug 08, 2011
|
Bought 8.37 K USD
|
Bennett Tracy Steve
Director |
+ 801
|
10.45 USD |
|
13 years ago
Aug 08, 2011
|
Bought 1.04 K USD
|
Bennett Tracy Steve
Director |
+ 100
|
10.43 USD |
|
13 years ago
Aug 04, 2011
|
Bought 5.18 K USD
|
Bennett Tracy Steve
Director |
+ 500
|
10.35 USD |
|
13 years ago
Aug 03, 2011
|
Bought 3.59 K USD
|
Bennett Tracy Steve
Director |
+ 350
|
10.27 USD |
|
13 years ago
Aug 04, 2011
|
Bought 2.07 K USD
|
Bennett Tracy Steve
Director |
+ 199
|
10.4 USD |
|
13 years ago
May 17, 2011
|
Bought 21.8 K USD
|
Bennett Tracy Steve
Director |
+ 2000
|
10.88 USD |
|
13 years ago
May 17, 2011
|
Bought 3.26 K USD
|
Bennett Tracy Steve
Director |
+ 300
|
10.88 USD |
|
13 years ago
Dec 15, 2010
|
Bought 850 USD
|
Bennett Tracy Steve
Director |
+ 100
|
8.5 USD |
|
14 years ago
May 26, 2010
|
Bought 850 USD
|
Bennett Tracy Steve
Director |
+ 100
|
8.499 USD |
|
14 years ago
Mar 04, 2010
|
Bought 8.08 K USD
|
Reininga Daniel P
Executive Vice President & COO |
+ 1000
|
8.08 USD |
|
15 years ago
Mar 10, 2009
|
Bought 35.8 K USD
|
KOLKMEYER PAUL J
Director |
+ 5731
|
6.25 USD |
|
15 years ago
Feb 27, 2009
|
Bought 571 USD
|
Brautigam Sharon E
Director |
+ 100
|
5.71 USD |
|
15 years ago
Feb 26, 2009
|
Bought 550 USD
|
Reininga Daniel P
Director |
+ 100
|
5.5 USD |
|
15 years ago
Feb 24, 2009
|
Bought 2.62 K USD
|
Mancuso David C
President & CEO |
+ 500
|
5.25 USD |
|
15 years ago
Dec 15, 2008
|
Bought 4 K USD
|
Mancuso David C
President and CEO |
+ 500
|
8 USD |
|
15 years ago
Dec 15, 2008
|
Bought 4 K USD
|
Mancuso David C
President and CEO |
+ 500
|
8 USD |
|
16 years ago
Nov 19, 2008
|
Bought 4.25 K USD
|
KOLKMEYER PAUL J
Director |
+ 500
|
8.5 USD |
|
16 years ago
Nov 17, 2008
|
Bought 38.2 K USD
|
KOLKMEYER PAUL J
Director |
+ 4500
|
8.5 USD |
|
16 years ago
Nov 05, 2008
|
Bought 15.8 K USD
|
KOLKMEYER PAUL J
Director |
+ 1862
|
8.5 USD |
|
16 years ago
Aug 28, 2008
|
Bought 65.1 K USD
|
KOLKMEYER PAUL J
Director |
+ 7035
|
9.25 USD |
|
16 years ago
Aug 27, 2008
|
Bought 3.44 K USD
|
KOLKMEYER PAUL J
Director |
+ 372
|
9.25 USD |
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16 years ago
Dec 13, 2007
|
Bought 2.24 K USD
|
Brautigam Sharon E
Director |
+ 250
|
8.95 USD |
|
18 years ago
May 18, 2006
|
Bought 23.2 K USD
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Brunecz Michael E
Director |
+ 2300
|
10.1 USD |
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18 years ago
May 18, 2006
|
Bought 14.1 K USD
|
Brunecz Michael E
Director |
+ 1400
|
10.1 USD |
7. News
Lake Shore Bancorp, Inc. Declares Third Quarter 2024 Dividend
DUNKIRK, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced today that the Board of Directors declared a cash dividend of $0.18 per share on its outstanding common stock on October 23, 2024. The dividend is expected to be paid on November 8, 2024 to stockholders of record as of November 4, 2024. The Company received the written approval from the Federal Reserve Bank of Philadelphia (the “Reserve Bank”) on September 30, 2024 to pay a cash dividend of $0.18 per share to its stockholders.
globenewswire.com
- 3 weeks ago
Lake Shore Bancorp, Inc. Announces Third Quarter 2024 Financial Results
DUNKIRK, N.Y., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.3 million, or $0.24 per diluted share, for the third quarter of 2024 compared to net income of $1.1 million, or $0.19 per diluted share, for the second quarter of 2024, and $1.6 million, or $0.27 per diluted share, for the third quarter of 2023. The increase in net income during the third quarter of 2024 was primarily driven by an increase in net interest income and a reduction in non-interest expenses when compared to the previous quarter. For the first nine months of 2024, the Company reported unaudited net income of $3.5 million, or $0.62 per diluted share, as compared to $4.1 million, or $0.69 per diluted share, for the first nine months of 2023. During the first nine months of 2024, the Company repaid Federal Home Loan Bank of New York (“FHLBNY”) borrowings of $25.0 million and did not renew $16.0 million of brokered certificates of deposit (“CDs”) while growing organic deposits by 2.2%.
globenewswire.com
- 3 weeks ago
Lake Shore Bancorp, Inc. Declares Second Quarter 2024 Dividend
DUNKIRK, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced today that the Board of Directors declared a cash dividend of $0.18 per share on its outstanding common stock. The dividend is expected to be paid on August 16, 2024 to stockholders of record as of August 12, 2024. The Company received the written approval from the Federal Reserve Bank of Philadelphia (the “Reserve Bank”) on July 8, 2024 to pay a cash dividend of $0.18 per share to its stockholders.
globenewswire.com
- 3 months ago
Lake Shore Bancorp, Inc. Announces Second Quarter 2024 Financial Results
DUNKIRK, N.Y., July 24, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.1 million, or $0.19 per diluted share, for the second quarter of 2024 compared to net income of $816,000, or $0.14 per diluted share, for the second quarter of 2023. For the first six months of 2024, the Company reported unaudited net income of $2.1 million, or $0.36 per diluted share, as compared to $2.5 million, or $0.43 per diluted share, for the first six months of 2023. The increase in net income during the second quarter of 2024 was primarily driven by a reduction in non-interest expense when compared to the second quarter of 2023. Furthermore, the Company reduced its reliance on wholesale funding by $23.0 million while growing organic deposits during the first half of 2024.
globenewswire.com
- 3 months ago
Lake Shore Bancorp, Inc. Declares First Quarter 2024 Dividend
DUNKIRK, N.Y., April 26, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced yesterday that it received the written approval from the Federal Reserve Bank of Philadelphia (the “Reserve Bank”) to pay a cash dividend of $0.18 per share to its stockholders.
globenewswire.com
- 6 months ago
Lake Shore Bancorp, Inc. Announces 2024 First Quarter Financial Results
DUNKIRK, N.Y., April 22, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.0 million, or $0.17 per diluted share, for the 2024 first quarter compared to net income of $1.7 million, or $0.29 per diluted share, for the 2023 first quarter. Net income decreased $670,000, or 39.8%, when compared to the 2023 first quarter and was negatively impacted by a decrease in net interest income and the period-over-period change in the provision for credit losses. These changes were partially offset by a decrease in non-interest expense and an increase in non-interest income primarily as a result of a bank-owned life insurance restructure which took place during the fourth quarter of 2023.
globenewswire.com
- 6 months ago
Lake Shore Bancorp, Inc. Announces 2023 Fourth Quarter and Year End Financial Results
DUNKIRK, N.Y., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $749,000, or $0.13 per diluted share, for the fourth quarter of 2023 compared to net income of $1.2 million, or $0.20 per diluted share, for the fourth quarter of 2022. For the year ended December 31, 2023, the Company reported unaudited net income of $4.8 million, or $0.82 per diluted share, as compared to $5.7 million, or $0.97 per diluted share, for the year ended December 31, 2022. The Company's 2023 financial performance was negatively impacted by the Office of the Comptroller of the Currency's (the "OCC") regulatory action of February 2023 resulting in increased non-interest expense.
globenewswire.com
- 9 months ago
Lake Shore Bancorp, Inc. Announces 2023 Third Quarter Financial Results
DUNKIRK, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.6 million, or $0.27 per diluted share, for the 2023 third quarter compared to net income of $1.8 million, or $0.30 per diluted share, for the 2022 third quarter. For the first nine months of 2023, the Company reported unaudited net income of $4.1 million, or $0.69 per diluted share, as compared to $4.5 million, or $0.77 per diluted share, for the first nine months of 2022.
globenewswire.com
- 1 year ago
Lake Shore Bancorp Appoints Taylor Gilden as Chief Financial Officer; Names Rachel Foley Chief Operating Officer
Taylor Gilden (left) and Rachel Foley (right) DUNKIRK, N.Y., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”), its wholly-owned subsidiary, Lake Shore Savings Bank (the “Bank”), and Lake Shore, MHC (the “MHC”), appointed Taylor Gilden as Chief Financial Officer (“CFO”) and Treasurer and Rachel Foley as Chief Operating Officer (“COO”) of the Company, the Bank, and the MHC.
globenewswire.com
- 1 year ago
Lake Shore Bancorp, Inc. Announces 2023 Second Quarter Financial Results
DUNKIRK, N.Y., July 27, 2023 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $0.8 million, or $0.14 per diluted share, for the 2023 second quarter compared to net income of $1.7 million, or $0.29 per diluted share, for the 2022 second quarter. For the first six months of 2023, the Company reported unaudited net income of $2.5 million, or $0.43 per diluted share, as compared to $2.7 million, or $0.47 per diluted share, for the first six months of 2022.
globenewswire.com
- 1 year ago
8 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 7.1% and a median increase of 4.8%. I've tracked 336 increases in 2022, 211 increases in Q1 2022, 107 in Q2, and 23 in Q3.
seekingalpha.com
- 2 years ago
9 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.
seekingalpha.com
- 3 years ago
8. Profile Summary
Lake Shore Bancorp, Inc. LSBK
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 76.2 M
Dividend Yield
0.48%
Description
Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts, such as demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for small to medium sized businesses. The company's loan portfolio consists of commercial real estate, commercial construction, and home equity loans and lines of credit; commercial loans comprising business installment loans, lines of credit, and other commercial loans; one- to four-family residential mortgages; and consumer loans, such as personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured loans, as well as loans secured by certificates of deposit. As of February 11, 2022, it had eleven full-service branch locations in Western New York, including five locations in Chautauqua County and six locations in Erie County, New York. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore Bancorp, Inc. is a subsidiary of Lake Shore, MHC.
Contact
31 East Fourth Street, Dunkirk, NY, 14048
https://lakeshoresavings.com
IPO Date
April 5, 2006
Employees
115
Officers
Mr. Taylor M. Gilden
Chief Financial Officer, Principal Accounting Officer & Treasurer
Ms. Wendy J. Harrington
Corporate Secretary
Eric Hohenstein
Corporate Secretary
Mr. Jeffrey M. Werdein
Executive Vice President of Commercial Division
Ms. Melissa Sprague
Chief Operation Officer
Mr. Dylan P. Rubadeaux
Senior Vice President of Commercial Loan Officer
Mr. Kim C. Liddell
Chief Executive Officer, President & Director
Ms. Tamara Bellanti
Senior Vice President of Human Resources