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. filings document the company's public-company disclosures as the Maryland holding company for Lake Shore Bank. Current reports record quarterly and annual financial results, cash dividend declarations, share repurchase authorization disclosures, and material agreements affecting governance and board composition.
Proxy materials cover annual meeting matters, director elections, executive compensation and shareholder voting procedures. The filing record also reflects the company's capital structure and corporate-status history following the completed mutual-to-stock conversion and the Bank's conversion to a New York chartered commercial bank.
Lake Shore Bancorp, Inc. (LSBK) reported stronger Q3 2025 results and completed its second‑step conversion. Net income for the quarter rose to $2,359 thousand from $1,332 thousand, as net interest income improved to $6,355 thousand and the company recorded a credit to the provision for credit losses. Basic and diluted EPS were $0.32, and a $0.09 per‑share dividend was declared.
Total assets reached $742,802 thousand, driven by higher cash and interest‑earning deposits. Deposits were $590,345 thousand, while long‑term debt declined to $2,000 thousand. Stockholders’ equity increased to $139,306 thousand, reflecting the July 18, 2025 second‑step conversion and stock offering.
Through the conversion, the company sold 4,950,460 shares at $10.00 per share, raising gross proceeds of $49.5 million, with approximately $2.3 million in offering costs and a $4.0 million ESOP purchase. There were 7,825,501 shares outstanding as of November 6, 2025. The board also authorized a plan to repurchase up to 5% of outstanding shares, which may begin after July 20, 2026.
Lake Shore Bancorp, Inc. (LSBK) announced a cash dividend of $0.09 per share on its outstanding common stock. The Board declared the dividend on October 22, 2025.
The dividend is payable on November 12, 2025 to shareholders of record as of November 3, 2025. This action returns cash to shareholders via a scheduled distribution.
Lake Shore Bancorp, Inc. (LSBK) announced that its Board authorized a stock repurchase plan to buy back up to 5% of its outstanding common shares. Repurchases are expected to begin after the one-year anniversary of its recent second step conversion offering, or on July 20, 2026.
The company may repurchase shares in open market or private transactions, including under a Rule 10b5-1 trading plan. Open market purchases will follow SEC Rule 10b-18 and other legal requirements. The program has no expiration date and can be suspended, terminated, or modified at any time. The plan does not obligate the company to repurchase a specific number of shares, and there is no guarantee of the exact amount to be repurchased.
Lake Shore Bancorp, Inc. filed an 8-K announcing it issued a press release disclosing results of operations and financial condition for the quarter ended September 30, 2025, under Item 2.02.
The press release is dated October 22, 2025 and is attached as Exhibit 99.1. The company’s common stock (ticker LSBK) is listed on The Nasdaq Stock Market LLC.
Stilwell-affiliated investors now report a near-10% stake in Lake Shore Bancorp. The Stilwell group collectively beneficially owns 773,675 shares, equal to approximately 9.9% of the 7,825,501 shares outstanding. The filing amends a prior Schedule 13D to say that after an unproductive meeting with management the Group intends to seek board representation at the Issuer's 2026 annual meeting. Recent purchases include $73,085.60 for 5,600 shares and $383,699.40 for 29,400 shares, funded from working capital and possible margin loans. The Group states its purpose is to realize profit from stock appreciation by asserting shareholder rights and notes its activist history across 77 prior public situations.
Lake Shore Bancorp reported stronger interim results with total assets of $734.8 million and cash and cash equivalents of $75.4 million. Loans net of allowance totaled $552.4 million and deposits grew to $627.5 million, reflecting higher customer balances held at the bank. Investment securities at fair value were $55.3 million with noted unrealized losses attributed to market rate movements.
Profitability improved: quarterly net income was $1.919 million versus $1.116 million a year earlier and six‑month net income was $2.975 million versus $2.130 million previously. Net interest income rose to $6.122 million for the quarter. The allowance for credit losses on loans was $5.164 million. The company completed a second‑step mutual‑to‑stock conversion and related reorganization, raising gross proceeds of $49.5 million in a subscription offering and resulting in 7,825,501 shares outstanding.