Welcome to our dedicated page for Lake Shore Bncop SEC filings (Ticker: LSBK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Lake Shore Bancorp, Inc. (LSBK) SEC filings provide detailed regulatory disclosures about the company’s operations as the holding company for Lake Shore Bank, a New York-chartered, community-oriented financial institution headquartered in Dunkirk, New York. These documents are filed with the U.S. Securities and Exchange Commission and include current reports, periodic reports, and other materials that explain the company’s financial condition and corporate actions.
Recent Form 8-K filings for Lake Shore Bancorp document material events such as quarterly earnings releases, cash dividend declarations, the adoption of a share repurchase plan, and key steps in the company’s second step conversion from a mutual holding company structure to a fully public stock holding company structure. Some filings also describe the bank’s charter conversion to a New York-chartered commercial bank and summarize stockholder and member voting results on the Plan of Conversion and Reorganization.
Through Stock Titan, this SEC filings page connects to real-time updates from the EDGAR system and pairs them with AI-generated summaries. These summaries are designed to explain the significance of each filing, such as what an earnings-related Form 8-K indicates about net interest income and capital, or how a filing about a stock repurchase authorization may affect the company’s share count. Users can also review filings that reference dividends, stock offerings, and other corporate actions.
In addition to current reports, investors may use this page to locate Lake Shore Bancorp’s periodic reports, such as annual reports on Form 10-K and quarterly reports on Form 10-Q, when available. AI assistance can help highlight key sections of these longer documents, including discussions of business strategy, risk factors, capital and funding, and credit quality, making it easier to understand the regulatory information that Lake Shore Bancorp provides.
Lake Shore Bancorp EVP Jeffrey M. Werdein reported routine equity activity tied to compensation rather than market trading. On April 23, 2026, 302 shares of common stock were withheld at $15.85 per share to cover a tax liability upon vesting of restricted stock, a non-market disposition.
After this tax withholding, Werdein directly held 54,255 common shares and maintained indirect holdings of 1,056 shares by son, 2,000 by spouse, 7,782 via an Employee Stock Ownership Plan allocation, and 20,000 via an IRA. His equity exposure also includes a fully vested stock option covering 23,132 underlying common shares at an exercise price of $10.62 per share, expiring on October 21, 2026.
In addition, his position includes unvested restricted stock awards: 3,025 shares granted March 18, 2026 vesting in four annual installments, 3,063 remaining shares from a March 12, 2025 grant, and 1,717 remaining shares from an April 23, 2024 grant after 858 shares vested on April 23, 2026.
Lake Shore Bancorp, Inc. insider Kim C. Liddell, described as Director, President and CEO of the bank, reported updated holdings of the company’s common stock. On April 23, 2026, 631 shares were withheld to cover a tax liability upon vesting of restricted stock at a market price of $15.85 per share.
After this tax-withholding disposition, Liddell directly held 70,367 common shares, which include several tranches of unvested restricted stock. Indirect holdings consist of 1,949 shares through an ESOP allocation, 41,661 shares in an IRA, and 10,000 shares held by a spouse.
Lake Shore Bancorp, Inc. reported that its Board of Directors declared a cash dividend of $0.09 per share on outstanding common stock on April 22, 2026. The dividend is expected to be paid on May 13, 2026 to shareholders of record as of May 4, 2026.
The company describes itself as the holding company for Lake Shore Bank, a community-oriented financial institution with ten full-service branches in Western New York offering a range of retail and commercial banking services.
Lake Shore Bancorp, Inc. reported substantially stronger results for the first quarter of 2026, with unaudited net income of $1.9 million, or $0.26 per diluted share, up from $1.1 million, or $0.14 per share, a year earlier.
Performance benefited mainly from higher net interest income, which rose 21.9% year over year to $6.66 million as funding costs declined and net interest margin expanded to 4.02% from 3.49%. The efficiency ratio improved to 69.58% from 78.82%, while return on average assets increased to 1.07% from 0.62%.
Asset quality and capital remained strong. Non-performing assets were 0.22% of total assets, and the allowance for credit losses on loans covered more than three times non-performing loans. Total assets were $722.0 million and stockholders’ equity was $142.4 million at March 31, 2026.
Lake Shore Bancorp, Inc. is asking shareholders to vote at its May 20, 2026 annual meeting on four main items: electing three Class Three directors through 2029, approving an advisory “say on pay” vote for named executive officer compensation, choosing how often future say-on-pay votes occur, and ratifying Yount, Hyde & Barbour, P.C. as independent auditor for 2026. The Board unanimously recommends voting for all proposals and for an annual say-on-pay frequency. The proxy details governance practices, director independence, committee structure and director pay, as well as 2025 executive compensation, including total pay of $1,152,747 for President and CEO Kim C. Liddell, which combines salary, restricted stock and performance-based incentives. It also outlines ownership, including significant stakes held by the ESOP and institutional investors, and explains how shareholders can vote by internet, telephone, mail or in person and how they may submit director nominees or communicate with the Board.
Lake Shore Bancorp, Inc. director Dennis Pollack filed an initial statement of beneficial ownership of securities. The filing shows that, as of the reported date, he held no shares of the company’s common stock directly, with zero shares listed as owned following the reported entry.
Lake Shore Bancorp director Ronald J. Passafaro reported a stock award of 573 shares of common stock. The shares were granted at no cost as restricted stock and will vest on March 18, 2027. After this grant, he directly holds 45,837 common shares, which include the unvested restricted stock, and indirectly holds 2,438 shares through an IRA. He also has stock options exercisable for 10,749 common shares at an exercise price of $14.85 per share, expiring on December 9, 2035, with vesting scheduled at 20% per year starting December 9, 2026. This filing reflects routine equity compensation rather than an open-market purchase or sale.
Gilden Taylor M reported acquisition or exercise transactions in this Form 4 filing.
Lake Shore Bancorp, Inc. CFO and Treasurer Taylor M. Gilden received a grant of 3,028 shares of restricted common stock on March 18, 2026 as compensation, at no cash cost per share. These restricted shares vest in four equal annual installments beginning on March 18, 2027.
After this grant, Gilden directly holds 22,403 common shares, which include earlier unvested restricted stock awards referenced in the footnotes. In addition, 2,522 shares are held indirectly through an IRA and 372 shares are held indirectly through an Employee Stock Ownership Plan allocation.
LIDDELL KIM C reported acquisition or exercise transactions in this Form 4 filing.
Lake Shore Bancorp reported that Kim C. Liddell, Dir., President and CEO of the bank, received a grant of 6,285 shares of restricted common stock on March 18, 2026 at a stated price of $0.00 per share as compensation. These restricted shares vest in four equal annual installments beginning on March 18, 2027. Following the grant, Liddell holds 70,998 common shares directly, which include earlier unvested restricted stock awards, and also has indirect ownership of additional shares through a spouse, an IRA, and an ESOP allocation.