Lake Shore Bancorp, Inc. /MD/
Close on Oct 19, 2026
- Market cap
- $133.99M
- P/E (TTM)
- 16.0
- Dividend yield
- 1.71%
About Lake Shore Bancorp
Savings Institution, Federally Chartered, SIC 6035
Lake Shore Bancorp, Inc. operates as the bank holding company for Lake Shore Bank, providing commercial and retail banking products and services. The institution's primary lending activities encompass commercial real estate loans, one- to four-family residential mortgages, and home equity lines of credit, alongside commercial business loans and consumer loans. In addition, the bank attracts retail deposits from the public and invests in investment securities. It serves individual consumers, homeowners, small and middle-market businesses, and local property developers.
The company conducts its banking operations through ten branch offices located across the Western New York region of New York State. Its geographic market for deposits and lending centers on Erie and Chautauqua Counties, an area bordered by Lake Erie to the west and Canada to the north that includes the city of Buffalo. The provided text does not state the location of the company's corporate headquarters.
Summary of the business section of Lake Shore Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Lake Shore Bancorp, Inc. /MD/
- Founded
- 1891
- Headquarters
- Dunkirk, NY
- Address
- 31 East Fourth Street 14048
- Phone
- (716) 366-4070
- Website
- mylsbank.com
- Employees
- 87, Dec 31, 2025
- Industry
- Savings Institution, Federally Chartered
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Yount, Hyde & Barbour, P.C., Winchester, Virginia
Stock & identifiers
- Ticker
- LSBK
- Exchange
- Nasdaq
- IPO date
- Apr 5, 2006
- Shares outstanding
- 8M, Aug 6, 2026
- Public float
- $27.82M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 2059653
- CUSIP
- 510704109
- ISIN
- US5107041098
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeffrey M. Werdein | EVP-Commercial Division | 90,644 |
| Taylor M. Gilden | CFO and Treasurer | 25,297 |
| Kevin M. Sanvidge | Director | 75,037 |
| Sharon E. Brautigam | Director | 45,316 |
| Dennis Pollack | Director | 0 |
| Ronald J. Passafaro | Director | 48,275 |
| Michelle M. DeBergalis | Director | 9,016 |
| John P. McGrath | Director | 90,800 |
| Ann M. Segarra | Director | 88,532 |
| John L. Mehltretter | Director | 39,600 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr Liddell | $1.15M | $1.20M | $478.40K | $173 | – |
| FY2024 Mr Liddell | $1.07M | $1.08M | $443.96K | $118 | – |
| FY2023 Daniel PReininga | $165.68K | $43.60K | $252.54K | $97 | – |
| FY2023 Mr Liddell | $568.26K | $568.26K | $252.54K | $97 | – |
| FY2023 Mr Werdein | $395.65K | $392.91K | $252.54K | $97 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, Lake Shore Bank employed 87 full-time employees and 11 part-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 18, 2025 | Deregistration | Termination of SEC registration (Form 15) |
| Jul 18, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 27, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 23, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 1, 2014 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 1, 2010 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Feb 19, 2010 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Oct 5, 2009 | Auditor change | Change in certifying accountant (8-K Item 4.01) |