Lake Shore Bancorp, Inc. (LSBK)

Lake Shore Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	21.44	21.06	24.36	24.34	21.99	19.93
Net Interest Income Growth	-7.84%	-13.53%	0.08%	10.66%	10.35%	4.52%
Non-Interest Income	3.05	3.09	2.68	2.38	3.02	3.14
Non-Interest Income Growth	7.58%	15.17%	12.55%	-21.14%	-3.73%	24.12%
Revenues Before Loan Losses	24.49	24.15	27.04	26.72	25.02	23.07
Provision for Credit Losses	-1.08	-1.48	-1.04	0.73	0.65	1.63
Revenue	25.56	25.63	28.08	26	24.37	21.45
Revenue Growth (YoY)	-4.84%	-8.73%	8.02%	6.69%	13.62%	3.61%
Compensation Expenses	11.61	11.45	11.25	9.85	9	8.64
Selling, General & Admin	6.25	6.76	8.39	7.56	6.66	5.96
Other Non-Interest Expenses	1.47	1.77	2.17	2.03	1.4	1.32
Total Non-Interest Expense	19.86	19.98	21.82	19.45	17.06	15.92
Pretax Income	5.93	5.87	6.22	6.87	7.48	5.38
Provision for Income Taxes	0.96	0.94	1.4	1.16	1.29	0.82
Net Income	4.97	4.93	4.82	5.71	6.19	4.56
Net Income to Common	4.97	4.93	4.82	5.71	6.19	4.56
Net Income Growth	19.86%	2.30%	-15.56%	-7.74%	35.74%	11.52%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	-2.44%	-3.99%	-0.41%	-0.14%	-1.13%	-0.78%
EPS (Basic)	0.90	0.88	0.82	0.97	1.05	0.77
EPS (Diluted)	0.90	0.88	0.82	0.97	1.05	0.77
EPS Growth	26.76%	7.32%	-15.46%	-7.62%	36.36%	13.23%
Free Cash Flow	3.26	2.51	6.21	7.8	7.92	5.2
Free Cash Flow Growth	29.90%	-59.58%	-20.44%	-1.58%	52.27%	3.54%
Free Cash Flow Per Share	0.57	0.45	1.06	1.33	1.35	0.87
Dividends Per Share	0.540	0.720	-	0.520	0.570	0.500
Dividend Growth	-25.00%	-	-	-8.77%	14.00%	4.17%
Profit Margin	19.46%	19.24%	17.16%	21.96%	25.39%	20.67%
FCF Margin	12.74%	9.79%	22.10%	30.00%	32.52%	23.61%
EBITDA	0.7	0.74	0.81	0.86	0.87	0.84
EBITDA Margin	2.74%	2.88%	2.87%	3.29%	3.55%	3.81%
Effective Tax Rate	16.15%	15.94%	22.50%	16.91%	17.23%	15.31%

Updated May 15, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q