Lake Shore Bancorp, Inc.
Lake Shore Bancorp (NASDAQ: LSBK) is the holding company for Lake Shore Bank, a New York-chartered community bank founded in 1891 operating 10 branches across Western New York, serving individual consumers and small-to-medium businesses with traditional deposit, lending, mortgage, and treasury management services.
- Company typePublic
- Founded1891
- HeadquartersDunkirk, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Lake Shore Bancorp, Inc. does
Lake Shore Bancorp, Inc. (NASDAQ: LSBK) is the publicly traded holding company for Lake Shore Bank, a New York-chartered community bank founded in 1891 and headquartered in Dunkirk, NY. The bank operates 10 branches across Western New York (Depew, Dunkirk, East Amherst, Fredonia, Hamburg, Kenmore, Lakewood, Orchard Park, Snyder, and Westfield) serving individual consumers and small-to-medium businesses with a horizontal product set that spans personal checking and savings accounts, mortgages and home equity lending, consumer lending, commercial loans, business deposit products, and treasury management services. Digital delivery is provided through an online banking platform (mylsbank.com / secure.myvirtualbranch.com), iOS and Android mobile applications, and Zelle-based peer-to-peer payments; the underlying technology stack is standard commercial banking infrastructure with no disclosed proprietary AI or ML capabilities.
The bank's business model is traditional net-interest-income-driven community banking: it funds itself through deposits and earns the spread on loans and securities. As of March 31, 2026, total assets stood at $722.0 million with a net interest margin of 4.02% (up 53 basis points YoY) and Q1 2026 net interest income of $6.7 million; FY2025 produced record net income of $7.3 million and Q1 2026 net income of $1.9 million (an 81.9% YoY increase). Capital strength is a defining feature, with a Tier 1 Leverage ratio of 17.54% and 'well capitalized' regulatory status, non-performing assets at just 0.22% of total assets, and an efficiency ratio of 69.58% in Q1 2026. With a market capitalization of approximately $112.3 million, an annual dividend of $0.36 per share (~2.3% yield), and 51-100 employees, LSBK is a small-cap, dividend-paying community bank whose investment case rests on credit quality, NIM expansion, and stable regional franchise economics rather than growth at scale.
Lake Shore Bancorp, Inc. firmographics
Firmographics- Name
- Lake Shore Bancorp, Inc.
- Legal name
- Lake Shore Bancorp, Inc.
- Website
- https://lakeshoresavings.com
- Company type
- Public
- Founded year
- 1891
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Lake Shore Bancorp (NASDAQ: LSBK) is the holding company for Lake Shore Bank, a New York-chartered community bank founded in 1891 operating 10 branches across Western New York, serving individual consumers and small-to-medium businesses with traditional deposit, lending, mortgage, and treasury management services.
- Ownership category
- akta.pro rank
Lake Shore Bancorp, Inc. industry classification
Industry- Product category
- Community Banking
- NAICS
- Savings Institutions and Other Depository Credit Intermediation (52218), Commercial Banking (522110), Offices of Bank Holding Companies (551111)
- SIC
- Savings Institutions, Not Federally Chartered (6036), State Commercial Banks (6022)
- akta.pro primary industry
- Savings Banks (Public/State-Owned) (FSABAKAK)
Keywords
Where Lake Shore Bancorp, Inc. is headquartered
LocationHeadquarters
- HQ city
- Dunkirk
- HQ country
- United States
- HQ region
- North America
Markets served
Lake Shore Bancorp, Inc. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Distribution channels4 records
Marketing channels3 records
Lake Shore Bancorp, Inc. product offering
Product offeringCore offering
Lake Shore Bancorp, Inc. operates as the holding company for Lake Shore Savings Bank, a New York-chartered community bank headquartered in Dunkirk, NY. Through 10 branches across Western New York, the company provides personal and business banking products and services including checking and savings accounts, mortgage and home equity lending, commercial loans, business deposit products, treasury management, and digital banking via online and mobile channels.
Product overview
Lake Shore Bancorp, Inc. operates as a New York-chartered community bank offering traditional banking products and services through a branch network across Western New York. The company's product portfolio consists of personal and business banking services including checking and savings accounts, mortgage and commercial lending products, deposit products, and treasury management services. Digital banking is delivered through an online banking platform and mobile app (iOS/Android). The bank also provides ancillary services including debit card operations, Zelle® peer-to-peer payments, and e-statement capabilities. The bank has ten branch locations serving the Western New York market.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Accounts Personal checking account products for individual consumers for everyday banking and money management.
- Personal Savings Accounts Personal savings and money market account products for individual consumers seeking to grow deposits.
- Mortgage and Home Equity Lending Residential mortgage loans and home equity products for personal borrowers financing home purchases or accessing home equity.
- Commercial Loans Commercial lending products offered to local businesses for capital, expansion, and operational financing needs.
- Business Deposit Products Business checking and deposit account products designed for small and mid-sized commercial customers.
- Treasury Management Services Treasury management solutions for business customers to manage cash flow, payments, and operational liquidity.
Quantifiable outcome
- 81.9% increase in Q1 2026 net income compared to Q1 2025
- +3 more outcomes
Companies that use Lake Shore Bancorp, Inc.
Customer profileSegments2 records
Ideal customer profiles2 records
Lake Shore Bancorp, Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Lake Shore Bancorp, Inc. partnerships and signals
Strategic signalScale indicators13 records
Recent moves5 records
Expansion highlights4 records
Lake Shore Bancorp, Inc. competitors and assessment
Company assessmentBroad incumbents
- Community Bank System, Inc. Community Bank System (NYSE: CBU) is a much larger Upstate New York / Northern Pennsylvania bank holding company with broader geographic reach and similar product offerings. Provides a benchmark for larger regional players competing in adjacent Western NY markets.
- Berkshire Hills Bancorp, Inc. Berkshire Hills Bancorp (NYSE: BHLB) is a regional Northeast bank holding company with community banking as its core business, plus commercial and mortgage lending. Comparable business model and customer base though operating in New England.
- CNB Financial Corporation: CNB Financial (NASDAQ: CCNE) is a Pennsylvania-based community bank holding company offering similar consumer and commercial banking products. Comparable scale and community banking orientation though different geographic footprint.
Direct peers
- Chemung Financial Corporation: Chemung Financial (NASDAQ: CHMG) operates a Southern Tier / Finger Lakes / Capital Region community bank franchise. Overlapping upstate NY community banking focus with similar commercial lending, mortgage, and treasury management product mix.
- Northwest Bancshares, Inc. Northwest Bancshares (NASDAQ: NWBI) is a Pennsylvania-based savings bank holding company with comparable community banking, mortgage, and consumer lending focus. Established savings-bank structure with mutual roots and similar capital allocation philosophy.
- Dime Community Bancshares: Dime Community Bancshares (NASDAQ: DCOM) is a New York-based community savings bank holding company. Comparable regulatory and operational profile as a NY-chartered community bank with similar deposit and lending products.
- Evans Bancorp, Inc. Evans Bancorp (NYSE American: EVBN) is a Western New York-based bank holding company with similar asset size and footprint, offering comparable community banking, commercial lending, and treasury management services across the Buffalo region. Direct overlap in geography, product set, and customer segments makes it the closest comparable peer.
- Greene County Bancorp, Inc. Greene County Bancorp (NASDAQ: GCBC) is a New York-chartered savings bank holding company with a community banking model, sub-$1B in assets, and similar focus on residential and commercial lending. Comparable structure as a publicly traded upstate NY savings institution.
Regional players
- Tompkins Financial Corporation: Tompkins Financial (NYSE American: TMP) is an Upstate New York community bank holding company operating through subsidiary banks. Larger than Lake Shore but serves an overlapping upstate NY customer base with similar community banking products and personal/business lending.
Others
- PCB Bancorp: PCB Bancorp (NASDAQ: PCB) is a California-based community bank holding company; comparable in asset size and small-cap public-bank structure, useful for benchmarking capital allocation and community banking profitability.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Lake Shore Bancorp, Inc. social profiles
Digital presenceLake Shore Bancorp, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lake Shore Bancorp, Inc. leadership team
Management profileNumber of profiles
Profiles3 records
Lake Shore Bancorp, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lake Shore Bancorp, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lake Shore Bancorp, Inc.
What does Lake Shore Bancorp, Inc. do?
Lake Shore Bancorp, Inc. operates as the holding company for Lake Shore Savings Bank, a New York-chartered community bank headquartered in Dunkirk, NY. Through 10 branches across Western New York, the company provides personal and business banking products and services including checking and savings accounts, mortgage and home equity lending, commercial loans, business deposit products, treasury management, and digital banking via online and mobile channels.
Is Lake Shore Bancorp, Inc. a public or private company?
Lake Shore Bancorp, Inc. is a public company. It is classified as public and is currently operating.
When was Lake Shore Bancorp, Inc. founded?
Lake Shore Bancorp, Inc. was founded in 1891. It employs 51 to 100 people.
Where is Lake Shore Bancorp, Inc. based?
Lake Shore Bancorp, Inc. is headquartered in Dunkirk, United States, in the North America region.
Who are Lake Shore Bancorp, Inc.'s main competitors?
Broad incumbents on record are Community Bank System, Inc., Berkshire Hills Bancorp, Inc. and CNB Financial Corporation. Direct peers are Chemung Financial Corporation, Northwest Bancshares, Inc., Dime Community Bancshares, Evans Bancorp, Inc. and Greene County Bancorp, Inc.. Tompkins Financial Corporation is listed as a regional player. PCB Bancorp is listed as an others.
Does Lake Shore Bancorp, Inc. have an API?
No public API is recorded for Lake Shore Bancorp, Inc..
What industry is Lake Shore Bancorp, Inc. in?
Lake Shore Bancorp, Inc.'s product category is Community Banking. Its primary akta.pro industry code is FSABAKAK, Savings Banks (Public/State-Owned). Its NAICS code is 52218 and its SIC code is 6036.