Lake Shore Bancorp, Inc. filed its quarterly report on Form 10-Q with the SEC on November 10, 2026, covering the three and nine months ended September 30, 2026.

Key Highlights

  • Q3 2026 net income: $2,314 thousand, compared with $2,359 thousand in Q3 2025, according to the filing.
  • Nine-month net income: $6,409 thousand for the nine months ended September 30, 2026, up from $5,335 thousand in the same period of 2025.
  • Basic and diluted EPS: $0.31 for the three months ended September 30, 2026, versus $0.32 in Q3 2025; $0.87 for the nine months ended September 30, 2026, versus $0.70 in the prior-year period.
  • Total assets: $734,244 thousand as of September 30, 2026, compared with $727,323 thousand at December 31, 2025.
  • Net interest income: $7,141 thousand for Q3 2026, up from $6,355 thousand in Q3 2025; $20,693 thousand for the nine months, up from $17,942 thousand.
  • Dividends declared: $0.09 per share for Q3 2026, with $0.27 per share declared for the nine months ended September 30, 2026.
  • Shares outstanding: 7,718,506 shares of common stock as of November 5, 2026.

Lake Shore Bancorp's Financial Results for the Quarter Ended September 30, 2026

Lake Shore Bancorp, Inc. (NASDAQ:LSBK), a Maryland-incorporated bank holding company headquartered in Dunkirk, New York, reported net income of $2,314 thousand for the three months ended September 30, 2026, according to the filing. This compares with net income of $2,359 thousand for the same quarter of 2025. For the nine months ended September 30, 2026, the company reported net income of $6,409 thousand, an increase from $5,335 thousand in the nine months ended September 30, 2025.

The filing disclosed total interest income of $9,634 thousand for Q3 2026, up from $9,351 thousand in Q3 2025, driven in part by loan interest and fees of $8,705 thousand versus $8,193 thousand in the year-earlier quarter. Total interest expense fell to $2,493 thousand in Q3 2026 from $2,996 thousand in Q3 2025, resulting in net interest income of $7,141 thousand for the quarter. The provision for credit losses was $290 thousand in Q3 2026, compared with a negative provision of $269 thousand in Q3 2025. The allowance for credit losses stood at $5,251 thousand as of September 30, 2026, versus $4,884 thousand at December 31, 2025.

Total assets were $734,244 thousand at September 30, 2026. Net loans receivable were $574,089 thousand, up from $555,441 thousand at December 31, 2025. Total deposits increased to $580,345 thousand from $573,277 thousand at year-end 2025. Total stockholders' equity was $141,595 thousand at September 30, 2026, compared with $141,639 thousand at December 31, 2025. Accumulated other comprehensive loss widened to $10,984 thousand from $7,703 thousand at December 31, 2025, reflecting unrealized holding losses on securities available for sale, net of tax, of $3,281 thousand for the nine-month period, as disclosed in the filing.

What Was Disclosed

Lake Shore Bancorp filed its Form 10-Q for the quarter ended September 30, 2026, disclosing income statement, balance sheet, and stockholders' equity data. The company reported higher nine-month net income year over year, rising net interest income, and total assets of $734,244 thousand.