This is a routine annual meeting presentation with no new financial disclosures or guidance. Monitor LSBK's next 10-Q for loan pipeline conversion, net interest margin trajectory, and deposit cost management. The stock already reflects the strong Q1 performance at 14.5x LTM EPS and 87% P/TBVPS.
Price Chart
Executive Summary
Lake Shore Bancorp filed its annual shareholder meeting presentation via an 8-K (Item 7.01). The presentation highlights strong Q1 2026 financials: net income of $1.9M ($0.26 EPS), net interest margin expansion to 4.02%, a 19.7% tangible common equity ratio, and pristine asset quality with NPAs at 0.22%. No new material guidance or unexpected disclosures were provided — the filing is a routine investor update.
Key Facts
- Q1 2026 net income of $1.9M, or $0.26 per diluted share
- Net interest margin of 4.02%, up 17bps from linked quarter
- Consolidated tangible common equity to tangible assets ratio of 19.7%
- Non-performing assets as a percentage of total assets of 0.22%
- Total assets of $722M, gross loans of $559M, total deposits of $567M as of March 31, 2026
- Completed second-step mutual-to-stock conversion on July 18, 2025, raising $49.5M in gross proceeds
Financial Impact
No new material financial impact — presentation recaps previously reported Q1 2026 results with no changes or updates
Risk Factors
- CRE concentration ratio of 196% (excluding owner-occupied) poses tail risk if commercial real estate weakens
- Loan yields declined 5bps from linked quarter to 5.97%, suggesting potential margin pressure
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-231802 |
| Document: lsbk-ex99_1.htm | 0001193125-26-231802 |
| Document: 0001193125-26-231802-index-headers.html | 0001193125-26-231802 |
| Document: 0001193125-26-231802-index.html | 0001193125-26-231802 |
| Document: 0001193125-26-231802.txt | 0001193125-26-231802 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 8-K | $18.61 | awaiting T+60 | — | $19.01 (+2.18%) |
Oct 21, 2026 5d ago | 8-K | $18.71 | awaiting T+60 | — | $19.01 (+1.63%) |
Oct 21, 2026 5d ago | Press Release | $18.71 | awaiting T+60 | — | $19.01 (+1.63%) |
Jul 24, 2026 13w ago | 8-K | $17.20 $18.12 | ▲ +5.35% | ▲ +1.62% | $19.01 (+10.55%) |
Jul 24, 2026 13w ago | Press Release | $17.20 $18.12 | ▲ +5.35% | ▲ +1.62% | $19.01 (+10.55%) |
Jul 22, 2026 13w ago | Press Release | $17.02 $18.12 | ▲ +6.46% | ▲ +1.91% | $19.01 (+11.72%) |
May 20, 2026 22w ago | 8-K | $15.73 $17.16 | ▲ +9.09% | ▲ +4.09% | $19.01 (+20.88%) |
Apr 24, 2026 26w ago | 8-K | $15.86 $17.01 | ▲ +7.25% | ▲ +2.47% | $19.01 (+19.89%) |
Apr 22, 2026 26w ago | 8-K | $15.76 $17.09 | ▲ +8.43% | ▲ +3.42% | $19.01 (+20.65%) |
Apr 22, 2026 26w ago | Press Release | $15.76 $17.09 | ▲ +8.43% | ▲ +3.42% | $19.01 (+20.65%) |
US Market Status
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