Lake Shore Bancorp Inc
lakeshoresavings.comWhat Do They Do?
Provides deposit accounts and real estate and business loans to consumers and small businesses in Western New York.
10-K for FY2025, filed Mar 17, 2026Lake Shore Bank’s principal business consists of attracting retail deposits from the general public in the areas surrounding its branch…View ↗
Lake Shore Bank is a community bank that offers a variety of banking products to serve the market areas surrounding our ten branch offices…View ↗
General. Our principal lending activity is the origination of fixed rate and adjustable rate mortgage loans collateralized by commercial…View ↗
Provide high-quality, personalized service as a leading community bank to our local and loyal customers. We currently operate ten…View ↗
How Do They Make Money?
Earns interest on loans and investment securities, and charges deposit customers for account services, debit-card transactions and other services. Some fees are charged per transaction or monthly; payment for fees and other service charges is typically immediate or the following month.
10-K for FY2025, filed Mar 17, 2026Lake Shore Bank’s principal business consists of attracting retail deposits from the general public in the areas surrounding its branch…View ↗
Debit card fees are primarily comprised of interchange fees earned whenever the Company’s debit cards are used to purchase goods or…View ↗
Service charges and fees on deposit accounts consist of transaction-based fees, account maintenance fees, and overdraft service fees for…View ↗
Fees and other service charges are primarily comprised of ATM fees, merchant services income, and other service charges. ATM fees are…View ↗
$36.3M
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10-K for FY2025, filed Mar 17, 2026
$36.3M ↗
Who Are Their Customers?
Customers use the Bank’s branches and online and mobile services for deposits and loans; branch teams develop relationships, while commercial bankers handle business checking, credit and banking services.
10-K for FY2025, filed Mar 17, 2026
Do Revenues Turn Into Profits?
Yes. It kept 20 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 17, 2026
10-K for FY2025, filed Mar 17, 2026
$7.3MView ↗
How Are They Changing?
Growing.
Revenue grew 4% in 1 year, from $34.8M in FY2024 to $36.3M in FY2025, about 4% a year.
10-K for FY2025, filed Mar 17, 2026
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