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…
Earnings analysis · 10-Q
LSBK earnings analysis
Filed August 11, 2026 · Our reading of the company's report
The latest report
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…
Read full summary
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.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.29
What stood out
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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%.
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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.
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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.
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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.
What to watch
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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.
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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.
Management's outlook
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.
Earlier filings 3
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 itself. Analysis can contain errors; check the source document for full context.