Lake Shore Bancorp, Inc. (LSBK) financial statements (2021 and earlier)

Company profile

Business Address 31 EAST FOURTH STREET
DUNKIRK, NY 14048
State of Incorp.
Fiscal Year End December 31
SIC 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments43303141453436
Cash and cash equivalents43303141453436
Total current assets:43303141453436
Noncurrent Assets
Operating lease, right-of-use asset11
Property, plant and equipment99999910
Total noncurrent assets:1010999910
Other undisclosed assets634570506469435430442
TOTAL ASSETS:686611546519489473487
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt8664223
Total current liabilities:8664223
Noncurrent Liabilities
Other undisclosed liabilities592522460437411397413
Total liabilities:600528466441413400416
Stockholders' equity
Stockholders' equity attributable to parent, including:86838078767472
Common stock0000000
Treasury stock, value(12)(10)(9)(7)(7)(7)(6)
Additional paid in capital31313131312929
Deferred compensation equity(0)(0)(0)(1)(1)(1)(1)
Accumulated other comprehensive income2101134
Retained earnings65625956545148
Other undisclosed stockholders' equity attributable to parent(1)(1)(1)(2)(2)(2)(2)
Total stockholders' equity:86838078767472
TOTAL LIABILITIES AND EQUITY:686611546519489473487

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues25242321191920
Net investment income24242219181818
Cost of revenue(2)(1)(0)(1)(1)(0)(0)
Provision for loan, lease, and other losses(2)(1) 
Financial services costs(0)(1)(1)(0)(0)
Gross profit:24232321181919
Operating expenses(6)(6)(14)(13)(12)(12)(12)
Other operating income, net
(Noninterest Income, Other Operating Income)
0000000
Operating income:181898677
Nonoperating income0100001
Investment income, nonoperating      0
Bank owned life insurance income0100000
Interest and debt expense(4)(5)(4)(3)(2)(3)(3)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(8)(8)(1)(1)0(1) 
Income from continuing operations before income taxes:5555444
Income tax expense(1)(1)(1)(1)(1)(1)(1)
Net income:5443434
Other undisclosed net loss attributable to parent      (0)
Net income available to common stockholders, diluted:5443433

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:5443434
Other comprehensive income (loss)11(1)(1)(1)(1)3
Comprehensive income:5533237
Other undisclosed comprehensive loss, net of tax, attributable to parent      (0)
Comprehensive income, net of tax, attributable to parent:5533236

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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