LAKE SHORE BANCORP, inc. (NASDAQ:LSBK) Files An 8-K Results of Operations and Financial Condition
Item 2.02Results of Operations and Financial Condition.
Lake Shore Bancorp, Inc. (the “Company”) issued a press release on January 30, 2019disclosing its results of operations and financial condition for the full year andfourthquarter of 2018.
A copy of the press release is attached as Exhibit 99.1 hereto.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
99.1 Press release of Lake Shore Bancorp, Inc. dated January 30, 2019.
LAKE SHORE BANCORP, INC. Exhibit
EX-99.1 2 lsbk-20190130xex99_1.htm EX-99.1 Earnings Release 4Q18 Lake Shore Bancorp,…
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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.