LAKE SHORE BANCORP, inc. (NASDAQ:LSBK) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03Amendments to Articles of Incorporation or Bylaws;Change
in Fiscal Year.
|
(a) |
On May 17, 2017, the Board of Directors of Lake Shore |
Item 5.07Submission of Matters to a Vote of Security Holders.
On May 17, 2017, the Company held its Annual Meeting of
Shareholders, at which time shareholders were asked to consider
three proposals, as follows:
|
1. |
To elect one (1) director to the Board of Directors of |
|
2. |
To approve, on an advisory basis, a non-binding |
|
3. |
To ratify the appointment of Baker Tilly Virchow Krause, |
The shareholders elected the directors to the term stated above,
approved the non-binding resolution regarding the compensation of
our named executive officers and ratified the appointment of
Baker Tilly Virchow Krause, LLP as the Companys independent
registered public accounting firm for the fiscal year ending
December 31, 2017.
The vote tabulation was as follows:
|
1. |
Election of one (1) director to serve on the Board of |
|
Votes For |
Votes Withheld |
Broker Non-Votes |
|
|
John (Jack) L. Mehltretter (2018) |
5,008,177 |
51,749 |
734,044 |
|
Susan C. Ballard (2020) |
5,014,465 |
45,461 |
734,044 |
|
Daniel P. Reininga (2020) |
5,014,316 |
45,610 |
734,044 |
|
2. |
To approve, on an advisory basis, a non-binding |
|
Votes For |
Votes Against |
Votes Abstained |
Broker Non-Votes |
||||||
|
Number of votes |
4,940,611 |
71,708 |
47,607 |
734,044 |
|||||
|
3. |
To ratify the appointment of Baker Tilly Virchow Krause, |
|
Votes For |
Votes Against |
Votes Abstained |
||||
|
5,755,594 |
36,120 |
2,256 |
||||
Item 9.01Financial Statements and Exhibits.
|
(d) |
Exhibits |
|
Exhibit No. |
Description |
|
3.2 |
Amended and Restated Bylaws of Lake Shore Bancorp, Inc. |
About LAKE SHORE BANCORP, inc. (NASDAQ:LSBK)
Lake Shore Bancorp, Inc. is a savings and loan holding company of Lake Shore Savings Bank (the Bank). The Bank’s loan portfolio consists of real estate loans and other loans. The real estate loans consist of residential one- to four-family, home equity, commercial and construction loans. The Bank’s other loans consists of commercial and consumer loans. The Bank provides all-in-one home equity lines of credit to its customers. The Bank’s primary sources of funds consist of deposits, scheduled amortization and prepayments of loans and securities, maturities and sales of investments and loans, interest earning deposits at other financial institutions and funds provided from operations. The Company operates through over 10 branch offices. It has branches in Chautauqua County, New York, which are located in Dunkirk, Fredonia, Jamestown, Lakewood and Westfield. In Erie County, New York, its branch offices are located in Depew, East Amherst, Hamburg, Kenmore, Orchard Park and Snyder. LAKE SHORE BANCORP, inc. (NASDAQ:LSBK) Recent Trading Information
LAKE SHORE BANCORP, inc. (NASDAQ:LSBK) closed its last trading session 00.00 at 15.65 with 1,559 shares trading hands.