Here are the 10-K annual reports from Lake Shore Bancorp, Inc. (LSBK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow LSBK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LSBK filings page.
Lake Shore Bancorp, Inc. is the holding company for Lake Shore Bank, a community bank focused on commercial and residential real estate lending in Western New York. In connection with its mutual-to-stock conversion on July 18, 2025, it sold 4,950,460 shares of common stock at $10.00 per share, raising approximately $49.5 million.
At December 31, 2025, total gross loans were $557.3 million, up from $546.5 million a year earlier. Commercial real estate loans, including construction, totaled $327.4 million and represented 58.8% of the portfolio, while one- to four-family residential mortgages were $150.1 million, or 26.9%. The allowance for credit losses was $4.9 million, allocated primarily to commercial real estate.
Time deposits totaled $203.8 million, with $184.9 million maturing within one year and uninsured deposits of $64.7 million, or 11.3% of total deposits. The bank had no borrowings outstanding and reported a community bank leverage ratio of 16.65%, which exceeds the well-capitalized standard, and held an “outstanding” community reinvestment rating.