| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 3,296 | 2,926 | ||
| Interest earning deposits | 80,342 | 72,441 | ||
| Cash and cash equivalents | 83,638 | 75,367 | ||
| Securities, at fair value | 56,049 | 55,323 | ||
| Federal home loan bank stock, at cost | 763 | 763 | ||
| Total gross loans | 554,397 | - | ||
| Net deferred loan costs | 3,083 | - | ||
| Allowance for credit losses on loans | 4,869 | - | ||
| Loans receivable, net of allowance for credit losses of 4,869 in 2025 and 5,133 in 2024 | 552,611 | 552,389 | ||
| Premises and equipment, net | 7,217 | 7,325 | ||
| Accrued interest receivable | 3,003 | 2,878 | ||
| Bank-owned life insurance | 29,287 | 29,778 | ||
| Other assets | 10,234 | 11,015 | ||
| Total assets | 742,802 | 734,838 | ||
| Deposits interest bearing | 501,293 | 536,040 | ||
| Deposits non-interest bearing | 89,052 | 91,459 | ||
| Total deposits | 590,345 | 627,499 | ||
| Long-term debt | 2,000 | 2,000 | ||
| Advances from borrowers for taxes and insurance | 1,439 | 3,066 | ||
| Other liabilities and accrued interest payable | 9,712 | 9,389 | ||
| Total liabilities | 603,496 | 641,954 | ||
| Common stock, 0.01 par value per share, 40,000,000 shares authorized at september 30, 2025 and 25,000,000 shares authorized at december 31, 2024 7,825,501 shares issued and 7,825,501 shares outstanding at september 30, 2025 and 9,262,793 shares issued and 7,770,658 shares outstanding at december 31, 2024 | 78 | 68 | ||
| Additional paid-in capital | 65,878 | 31,568 | ||
| Treasury stock, at cost (no shares at september 30, 2025 and 1,492,135 shares at december 31, 2024) | 0 | 13,099 | ||
| Unearned shares held by esop | 4,784 | 896 | ||
| Unearned shares held by compensation plans | 395 | 439 | ||
| Retained earnings | 87,121 | 85,420 | ||
| Accumulated other comprehensive loss | -8,592 | -9,738 | ||
| Total stockholders' equity | 139,306 | 92,884 | ||
| Total liabilities and stockholders' equity | 742,802 | 734,838 | ||
Lake Shore Bancorp, Inc. MD (LSBK)
Lake Shore Bancorp, Inc. MD (LSBK)