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Latest Lake Shore Bancorp (LSBK) Headlines

Lake Shore Bancorp, Inc. Announces Fourth Quarter Dividend
Business Wire - Thu Feb 06, 10:05AM CST
Lake Shore Bancorp, Inc. (the "Company") (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the "Bank"), announced that the Company's Board of Directors approved a $0.07 per share cash dividend on its common stock, payable on March 18, 2014, to shareholders of record as of February 18, 2014. Based on the Company's closing stock price of $12.25 on February 5, 2014, the implied dividend yield for the Company's common stock is currently 2.29%.

Lake Shore Bancorp, Inc. Fourth Quarter 2013 Net Income Improves 22% Compared to Prior Year
Business Wire - Thu Jan 30, 3:13PM CST
Lake Shore Bancorp, Inc. (the "Company") (NASDAQ Global Market:LSBK), the holding company for Lake Shore Savings Bank (the "Bank"), announced fourth quarter 2013 net income of $1.1 million, or $0.18 per diluted share, compared with net income of $861,000, or $0.15 per diluted share, for fourth quarter 2012. The Company reported record earnings of $3.7 million, or $0.65 per diluted share, for 2013, compared to net income of $3.6 million, or $0.63 per diluted share for 2012.

Nasdaq stocks posting largest volume increases
AP - Mon Jan 27, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:

Lake Shore Bancorp, Inc. Reports Improved Third Quarter 2013 Net Income of $1.0 Million, Up 14% From 2012
Business Wire - Mon Oct 28, 3:29PM CDT
Lake Shore Bancorp, Inc. (the "Company") (NASDAQ Global Market:LSBK), the holding company for Lake Shore Savings Bank (the "Bank"), announced third quarter 2013 net income of $1.0 million, or $0.17 per diluted share, compared with net income of $863,000, or $0.15 per diluted share, for the prior year third quarter. The Company earned $2.7 million, or $0.47 per diluted share, for the nine months ended September 30, 2013, compared to net income of $2.8 million, or $0.48 per diluted share for the same period in 2012.

Lake Shore Bancorp, Inc. Announces Second Quarter Net Income of $800,000
Business Wire - Mon Jul 29, 2:50PM CDT
Lake Shore Bancorp, Inc. (the "Company") (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the "Bank"), announced net income of $800,000, or $0.14 per diluted share, for the second quarter of 2013 compared with net income of $895,000, or $0.16 per diluted share, for the prior year second quarter. The Company earned $1.7 million, or $0.30 per diluted share, for the six months ended June 30, 2013, compared to net income of $1.9 million, or $0.33 per diluted share for the same period in 2012.

Nasdaq stocks posting largest percentage decreases
AP - Mon Mar 11, 5:04PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:

Lake Shore Bancorp, Inc. Fourth Quarter 2012 Earnings Increase 47% to $861,000
Business Wire - Thu Jan 31, 1:39PM CST
Lake Shore Bancorp, Inc. (the "Company") (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the "Bank"), announced fourth quarter 2012 net income of $861,000, or $0.15 per diluted share, compared to net income of $587,000, or $0.10 per diluted share, for fourth quarter 2011. The Company's 2012 net income was $3.6 million, or $0.64 per diluted share, compared to $3.7 million, or $0.65 per diluted share, for 2011.

Lake Shore Bancorp, Inc. Names Gary W. Winger Board Chairman
Business Wire - Tue Jan 29, 7:40AM CST
Lake Shore Bancorp, Inc. (the "Company") (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the "Bank"), today announced that its Board of Directors has named Gary W. Winger to succeed Michael E. Brunecz as Chairman of the Board of Directors effective May 22, 2013. At that time, Mr. Winger will also succeed Mr. Brunecz as Chairman of the Board of Directors for Lake Shore, MHC, (the "MHC") the mutual holding company that owns 61.4% of the Company's outstanding common stock. Mr. Brunecz, who has served as a director since 1984 and as the Chairman since 1993, has reached the mandatory retirement age.

Lake Shore Bancorp delays quarterly dividend declaration and MHC seeks member approval for waiver of dividend
M2 - Mon Jan 21, 5:01AM CST
Lake Shore Bancorp Inc (NASDAQ GM:LSBK), a holding company for Lake Shore Savings Bank, disclosed on Friday that the mutual holding company with 61.4% of its outstanding common stock, Lake Shore MHC (MHC), will hold a special meeting of members on 26 February 2013 to vote on a proposal to approve MHC's waiver of its right to receive dividends.

Lake Shore, MHC to Seek Member Approval for Dividend Waiver; Lake Shore Bancorp, Inc. Delays Declaration of Quarterly Dividend
Business Wire - Fri Jan 18, 4:13PM CST
Lake Shore Bancorp, Inc. (the "Company") (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the "Bank"), today announced that Lake Shore, MHC (the "MHC"), the mutual holding company that owns 61.4% of the Company's outstanding common stock, will hold a special meeting of its members to vote on a proposal to authorize the MHC to waive its right to receive dividends aggregating up to $0.28 per share that may be declared by the Company in the 12 months subsequent to the approval of the proposal by members. All dividends on the Company's common stock are declared at the discretion of the Company's Board of Directors. The special meeting will be held on February 26, 2013.

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