LSBK earnings analysis
What we found in LSBK's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
The 10-Q excerpt provides limited operating and financial-statement detail, but the reported Q2 2026 diluted EPS of $0.29 was $0.04 above Q2 2025. The company reported effective disclosure controls, no material changes in internal controls, and no material changes to the December 31, 2025 risk factors. No quantitative guidance was provided; the principal disclosed capital-allocation development was commencement of a repurchase plan permitting up to 393,191 shares.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- EPS increased year over year
- Diluted EPS was $0.29 in Q2 2026 versus $0.25 in Q2 2025, an increase of $0.04, or approximately 16%.
- Limited equity-share activity
- The company reported 3,168 shares withheld from restricted-stock vesting at an average price of $15.85 per share during April 2026; no such shares were reported in May or June.
- Share repurchase plan commenced
- The board’s repurchase plan permits up to 393,191 shares to be repurchased, and the company commenced repurchases under the plan on July 28, 2026.
- Reporting controls remain effective
- Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no changes in internal control that materially affected, or were reasonably likely to materially affect, reporting controls during the quarter.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Risk-factor disclosure unchanged
- The filing states that there have been no material changes to the risk factors disclosed in the Form 10-K for the year ended December 31, 2025. Accordingly, the 10-Q does not identify a newly elevated company-specific risk relative to that filing.
- Capital allocation flexibility
- The repurchase plan allows up to 393,191 shares to be repurchased after commencing on July 28, 2026; continued repurchases could reduce available capital for other corporate purposes.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.29
What they said about what is next.
No quantitative revenue or EPS outlook is provided in the 10-Q. The filing refers to the December 31, 2025 Form 10-K and does not provide a new outlook.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 12, 2026
- Lake Shore Bancorp reported robust growth in Q1 2026, with net income rising to $1.9 million, representing a significant 81.9% increase year-over-year. This strong performance was largely driven by a 21.9% increase in…
- 10-K · March 17, 2026
- Lake Shore Bancorp reported full-year 2025 results showing revenue of $39.556 million, net income of $7.269 million and diluted EPS of $0.97, up from $4.931 million and $0.65 in 2024. The bank continued to grow its loan…
- 10-Q · November 12, 2025
- Lake Shore Bancorp's Q3 2025 results show improvement in net interest income and margin driven by higher loan yields and lower deposit costs, while the company completed a conversion and raised capital. Total assets…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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