Company Quick10K Filing
Lake Shore Bancorp
10-Q 2020-03-31 Filed 2020-05-13
10-K 2019-12-31 Filed 2020-03-27
10-Q 2019-09-30 Filed 2019-11-13
10-Q 2019-06-30 Filed 2019-08-13
10-Q 2019-03-31 Filed 2019-05-13
10-K 2018-12-31 Filed 2019-03-27
10-Q 2018-09-30 Filed 2018-11-13
10-Q 2018-06-30 Filed 2018-08-10
10-Q 2018-03-31 Filed 2018-05-11
10-K 2017-12-31 Filed 2018-03-28
10-Q 2017-09-30 Filed 2017-11-14
10-Q 2017-06-30 Filed 2017-08-10
10-Q 2017-03-31 Filed 2017-05-12
10-K 2016-12-31 Filed 2017-03-31
10-Q 2016-09-30 Filed 2016-11-08
10-Q 2016-06-30 Filed 2016-08-12
10-Q 2016-03-31 Filed 2016-05-12
10-K 2015-12-31 Filed 2016-03-25
10-Q 2015-09-30 Filed 2015-11-12
10-Q 2015-06-30 Filed 2015-08-12
10-Q 2015-03-31 Filed 2015-05-12
10-K 2014-12-31 Filed 2015-03-27
10-Q 2014-09-30 Filed 2014-11-12
10-Q 2014-06-30 Filed 2014-08-13
10-Q 2014-03-31 Filed 2014-05-13
10-K 2013-12-31 Filed 2014-03-26
10-Q 2013-09-30 Filed 2013-11-12
10-Q 2013-06-30 Filed 2013-08-13
10-Q 2013-03-31 Filed 2013-05-15
10-K 2012-12-31 Filed 2013-03-29
10-Q 2012-09-30 Filed 2012-11-14
10-Q 2012-06-30 Filed 2012-08-14
10-Q 2012-03-31 Filed 2012-05-15
10-K 2011-12-31 Filed 2012-03-30
10-Q 2011-09-30 Filed 2011-11-14
10-Q 2011-06-30 Filed 2011-08-15
10-Q 2011-03-31 Filed 2011-05-16
10-K 2010-12-31 Filed 2011-03-31
10-Q 2010-09-30 Filed 2010-11-15
10-Q 2010-06-30 Filed 2010-08-16
10-Q 2010-03-31 Filed 2010-05-17
10-K 2009-12-31 Filed 2010-03-31
8-K 2020-05-21 Shareholder Vote
8-K 2020-05-20 Regulation FD, Exhibits
8-K 2020-04-24 Earnings, Other Events, Exhibits
8-K 2020-04-23 Other Events, Exhibits
8-K 2020-04-07 Officers
8-K 2020-03-02 Other Events
8-K 2020-02-06 Other Events, Exhibits
8-K 2020-01-30 Earnings, Exhibits
8-K 2020-01-06 Other Events
8-K 2019-10-23
8-K 2019-10-18
8-K 2019-09-09 Other Events
8-K 2019-07-25 Officers, Amend Bylaw, Exhibits
8-K 2019-07-24 Earnings, Other Events, Exhibits
8-K 2019-05-16 Shareholder Vote
8-K 2019-05-15 Regulation FD, Exhibits
8-K 2019-05-02 Other Events
8-K 2019-04-25 Earnings, Other Events, Exhibits
8-K 2019-03-14 Other Events
8-K 2019-02-07 Other Events, Exhibits
8-K 2019-01-30 Earnings, Exhibits
8-K 2019-01-23 Officers
8-K 2019-01-04 Other Events
8-K 2018-11-28 Other Events, Exhibits
8-K 2018-10-24 Earnings, Other Events, Exhibits
8-K 2018-07-25 Earnings, Other Events, Exhibits
8-K 2018-05-17 Shareholder Vote, Other Events, Exhibits
8-K 2018-05-16 Regulation FD, Exhibits
8-K 2018-04-26 Regulation FD
8-K 2018-04-25 Earnings, Other Events, Exhibits
8-K 2018-03-29 Officers, Exhibits
8-K 2018-03-09 Other Events
8-K 2018-02-08 Other Events, Exhibits
8-K 2018-01-30 Earnings, Exhibits
8-K 2018-01-25 Officers, Exhibits
8-K 2018-01-03 Other Events

Lake Shore Bancorp Financials

LSBK Metrics, Comps, Filings

Quarterly | Annual

Business

Lake Shore Bancorp, Inc. (“Lake Shore Bancorp,” the “Company,” “us,” or “we”) operates as a mid-tier, federally chartered savings and loan holding company for Lake Shore Savings Bank (“Lake Shore Savings” or the “Bank”). A majority of Lake Shore Bancorp’s issued and outstanding common stock (60.6% as of December 31, 2018) is held by Lake Shore, MHC (the “MHC”), a federally chartered mutual holding company, which serves as the parent company to Lake Shore Bancorp. The remaining shares of common stock are owned by public shareholders and Lake Shore Saving Bank’s Employee Stock Ownership Plan (“ESOP”). Our common stock is traded on the Nasdaq Global Market under the symbol “LSBK”. Unless the context otherwise requires, all references herein to Lake Shore Bancorp or Lake Shore Savings include Lake Shore Bancorp and Lake Shore Savings on a consolidated basis.

Lake Shore, MHC was organized in 2006 as a federally chartered mutual holding company. The MHC does not engage in any substantial business activity other than its investment in a majority of the common stock of Lake Shore Bancorp. The Board of Governors of the Federal Reserve System (the “Federal Reserve Board”) is the regulator for the MHC. Federal law and regulations require that as long as the MHC is in existence, it must own at least a majority of Lake Shore Bancorp’s common stock.

Lake Shore Bancorp, Inc. was organized in 2006 for the purpose of acting as the savings and loan holding company for Lake Shore Savings Bank in connection with the Company’s initial public stock offering. The Company, a federal corporation, is regulated by the Federal Reserve Board.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Citizens Community Bancorp (CZWI) 129,050 8.1 1% 1,475,364 1,327,335 0 0 7,393 28,816 234,785
Salisbury Bancorp (SAL) 110,416 2.8 1% 1,144,240 1,032,660 0 0 8,125 20,117 56,868
Sound Financial Bancorp (SFBC) 92,689 2.9 1% 715,319 639,303 0 0 4,809 11,622 33,816
Lake Shore Bancorp (LSBK) 89,565 0% 11.2 1% 596,815 514,356 1,345 0 3,915 9,281 103,925
PB Bancorp (PBBI) 85,643 4.6 1% 544,173 458,389 0 0 3,872 8,919 41,187
MSB Financial (MSBF) 83,268 7.2 0% 591,253 527,033 0 0 2,852 9,355 67,543
Community First Bancshares (CFBI) 77,241 13.5 0% 309,727 233,180 0 0 498 2,899 39,240
IF Bancorp (IROQ) 72,677 4.5 1% 678,204 600,917 0 0 3,724 14,213 63,301
FFBW (FFBW) 72,169 19.6 0% 258,089 196,779 0 0 1,007 3,460 67,984
Magyar Bancorp (MGYR) 71,479 4.6 0% 630,328 575,677 0 0 2,996 10,971 50,010
Kentucky First Federal Bancorp (KFFB) 65,806 11.8 0% 328,759 262,719 0 0 908 4,566 53,651
CBM Bancorp (CBMB) 59,883 23.0 0% 217,752 156,985 0 0 746 2,166 49,729
Home Federal Bancorp of Louisiana (HFBL) 58,280 2.3 1% 459,891 410,154 0 0 4,772 10,908 25,140
Hamilton Bancorp (HBK) 54,663 52.8 -1% 496,254 439,764 0 0 -3,506 1,501 79,165
Central Federal (CFBK) 53,943 0% 2.2 1% 786,437 732,555 408 0 6,578 17,884 39,144
Bancorp 34 (BCTF) 50,322 7.8 0% 385,274 340,468 0 0 154 4,469 34,657
Mid-Southern Bancorp (MSVB) 46,742 11.2 1% 209,124 158,235 0 0 1,284 2,393 26,864
Broadway Financial (BYFC) 45,205 0% 5.1 -0% 414,618 365,758 353 0 -137 4,583 23,383
Ottawa Bancorp (OTTW) 42,297 7.3 0% 304,214 253,877 0 0 1,380 4,341 31,616

Balance Sheet ($'000)2011-06-302011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash27,14029,60523,70429,66339,00619,76526,47236,10819,47117,20228,10640,97341,89235,81132,94227,84632,58834,22746,23041,19838,47945,47933,88532,96844,37340,91347,53843,12338,06930,75131,10621,77720,558
Accounts Receivable
Inventory
PP&E8,7588,6458,5308,5508,43316,4799,8989,9239,80417,0999,5909,5979,52917,7169,3809,2519,15618,1439,0198,8658,73818,5198,6259,2719,39119,8819,3279,3689,38319,9059,3059,3589,321
Assets483,443493,836488,597494,139498,733482,387488,207488,962485,434482,167487,991490,612486,587487,471482,947481,592472,297473,385474,289479,980478,431489,174493,867504,922512,761518,977530,084543,319546,153545,708554,497578,052596,815
Accounts Payable
Long-Term Debt10,4729,7569,3107,9717,12119,09119,05219,27719,22819,02718,83521,18319,28519,44819,31918,98419,00027,00226,94026,63426,32124,11423,97224,29224,44421,70734,918
Liabilities424,326430,795424,650429,801431,677415,402421,214424,167420,064416,896420,581421,578416,860415,841410,422409,746398,952399,509398,461402,935401,105413,144417,266427,514434,600440,602451,891464,790467,352465,904473,435496,388514,356
Stockholders' Equity64,79565,37065,27167,41069,03469,72771,63072,52571,84673,34573,87675,82877,04577,32676,03076,60177,40878,16178,37578,19378,52978,80179,80481,06281,66482,459
Income Statement ($'000)2011-06-302011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue421451473
Cost of Revenue
Gross Profit
R&D
SG&A130129-2917282101911829383991758576106103926111318981153167231127157153195151158194168
Tax2685113002972212213711802223561791991098024693263114501170188-84155295254481153161200127151127191
Net Income9871,1565871,0078638619068439861,0517758996887965696991,2368341,9546647571407161,1429405809361,0061,0581,0008988051,212
Cash Flow ($'000)2011-06-302011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating1,4831,1901,2792,1702102,2091,9621,0019099307991,0621,4721,5618688801,1561,5097491,2451,3741,4294781,7471,6143031,7372,275
Cash Investing-1,300-3,302-705-4,6463,519-851-13,426-3916,6334,693-6,1171,646-6,20814,698-22712,152-10,736-2,426-6,243-16,636-12,5583,313-5,092-18,779-8,419-6,780-32,955-20,147
Cash Financing2,282-3,7895,385-16,7652,9788,278-5,173-2,8793,362-4,704-763-5,577-360-11,517998-1,0294,548-1,80212,4943,79710,2676,66311,23912,6171,7516,83221,88916,653