Lake shore bancorp, inc. (LSBK)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and due from banks

7,912

7,884

9,838

8,321

7,367

8,880

7,792

7,245

7,236

7,709

7,220

7,506

7,846

8,089

8,622

8,663

6,635

7,296

7,313

8,015

7,842

7,460

8,162

7,005

8,447

7,748

6,845

7,047

6,062

7,374

8,233

7,714

7,226

7,031

8,991

7,887

6,457

Interest earning deposits

37,627

22,405

10,720

334

5,884

3,244

2,459

829

3,377

6,570

12,520

4,567

9,890

6,889

10,783

18,090

25,454

12,714

18,565

7,521

15,196

19,575

27,381

28,819

7,408

2,321

614

5,424

6,792

4,392

16,436

12,670

7,019

5,402

14,265

13,028

16,351

Federal funds sold

-

-

-

13,122

17,855

18,627

27,818

35,049

36,925

26,634

24,633

20,895

16,149

30,501

19,074

14,445

14,141

14,217

6,710

12,310

9,904

8,776

6,349

5,149

12,251

7,133

12,012

23,637

13,618

7,999

14,337

9,016

15,418

11,271

6,349

6,225

10,706

Cash and Cash Equivalents

45,539

30,289

20,558

21,777

31,106

30,751

38,069

43,123

47,538

40,913

44,373

32,968

33,885

45,479

38,479

41,198

46,230

34,227

32,588

27,846

32,942

35,811

41,892

40,973

28,106

17,202

19,471

36,108

26,472

19,765

39,006

29,400

29,663

23,704

29,605

27,140

33,514

Securities available for sale

71,112

71,201

75,093

78,390

84,865

86,193

83,147

84,926

78,429

80,421

73,108

75,819

83,630

86,335

91,047

95,021

97,621

113,213

116,806

129,194

134,965

138,202

140,951

144,439

155,317

157,964

162,220

153,927

160,115

159,368

168,890

170,679

168,075

164,165

161,789

158,147

153,924

Federal Home Loan Bank stock, at cost

2,055

2,055

2,055

1,830

1,545

1,545

1,545

1,545

1,631

1,631

1,631

1,715

1,340

1,340

1,340

1,340

1,355

1,454

1,355

1,355

1,375

1,375

1,375

1,549

1,535

1,560

1,621

1,704

1,776

1,852

2,019

2,116

2,143

2,219

2,269

2,327

2,401

Loans receivable, net of allowance for loan losses 2020 $4,760; 2019 $4,267

473,354

470,816

462,993

440,175

401,047

392,471

388,437

382,319

371,166

365,063

362,408

364,018

345,032

326,365

320,421

315,218

301,690

297,101

294,615

296,557

286,624

284,853

275,156

276,559

275,490

277,345

273,788

269,872

272,094

272,933

265,056

266,190

270,373

275,068

275,827

271,688

263,031

Premises and equipment, net

9,458

9,415

9,321

9,358

9,305

9,417

9,383

9,368

9,327

9,373

9,391

9,271

8,625

8,747

8,738

8,865

9,019

9,144

9,156

9,251

9,380

9,519

9,529

9,597

9,590

9,642

9,804

9,923

9,898

9,685

8,433

8,498

8,550

8,530

8,645

8,758

8,966

Accrued interest receivable

2,220

2,153

2,236

2,128

2,126

1,913

2,044

1,828

1,947

1,801

1,834

1,631

1,800

1,600

1,732

1,563

1,721

1,648

1,802

1,701

1,918

1,716

1,864

1,708

1,952

1,787

1,952

1,784

1,988

1,802

2,012

1,801

1,989

1,919

2,103

1,921

1,801

Bank owned life insurance

22,091

21,969

21,839

21,711

21,588

21,469

20,100

18,247

18,161

18,077

17,987

17,896

17,806

17,719

15,145

15,075

15,005

14,938

14,870

14,802

14,733

14,666

14,597

14,532

14,468

14,407

14,339

14,273

14,202

14,124

11,558

11,496

11,435

11,376

11,313

11,248

11,119

Other assets

2,497

2,971

2,720

2,683

2,915

1,949

3,428

1,963

1,885

1,698

2,029

1,604

1,749

1,589

1,529

1,700

1,648

1,660

1,105

886

1,010

1,329

1,223

1,255

1,533

2,260

2,239

1,371

1,662

2,858

1,759

1,939

1,911

1,616

2,285

2,214

4,291

Total Assets

628,326

610,869

596,815

578,052

554,497

545,708

546,153

543,319

530,084

518,977

512,761

504,922

493,867

489,174

478,431

479,980

474,289

473,385

472,297

481,592

482,947

487,471

486,587

490,612

487,991

482,167

485,434

488,962

488,207

482,387

498,733

492,119

494,139

488,597

493,836

483,443

479,047

Liabilities and Stockholders' Equity
Liabilities
Deposits: Interest bearing

437,046

422,247

406,574

395,707

386,550

377,131

376,892

375,337

362,619

350,535

342,240

338,072

338,120

330,004

320,660

322,581

323,788

323,931

326,164

337,379

344,268

349,777

349,800

357,935

358,086

353,915

355,835

359,032

353,818

346,065

355,376

353,949

357,200

352,369

350,302

350,345

352,799

Deposits: Non-interest bearing

64,153

61,229

64,701

61,765

53,990

55,327

59,009

56,974

55,133

54,618

58,683

54,608

52,690

55,889

53,806

52,263

47,392

45,224

45,706

44,466

38,392

37,162

39,705

34,858

35,251

34,320

35,317

34,060

30,474

32,478

37,250

30,830

30,782

27,429

33,481

28,545

22,986

Total Deposits

501,199

483,476

471,275

457,472

440,540

432,458

435,901

432,311

417,752

405,153

400,923

392,680

390,810

385,893

374,466

374,844

371,180

369,155

371,870

381,845

382,660

386,939

389,505

392,793

393,337

388,235

391,152

393,092

384,292

378,543

392,626

384,779

387,982

379,798

383,783

378,890

375,785

Short-term borrowings

-

-

-

8,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,650

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,900

-

11,700

13,150

13,650

11,200

14,150

14,320

13,070

6,910

4,650

5,950

5,000

Long-term debt

34,650

34,650

34,650

21,650

24,650

24,650

24,650

24,650

26,950

26,950

26,950

26,950

18,950

18,950

18,950

18,950

18,950

21,150

18,950

18,950

18,950

18,950

18,950

18,950

7,050

7,850

9,150

9,550

10,250

14,400

15,150

17,150

19,370

27,230

30,590

30,580

34,160

Advances from borrowers for taxes and insurance

2,329

3,233

1,735

3,156

2,262

3,134

1,625

3,028

2,199

3,000

1,708

3,045

2,249

3,183

1,847

3,162

2,396

3,285

1,894

3,284

2,422

3,415

2,039

3,361

2,473

3,454

1,928

3,106

2,297

3,209

1,752

2,967

2,196

3,148

1,718

2,893

3,027

Other liabilities

6,317

6,670

6,696

6,110

5,983

5,662

5,176

4,801

4,990

5,499

5,019

4,839

5,257

5,118

5,842

5,979

5,935

5,919

6,238

5,667

6,390

6,537

6,366

6,474

5,821

5,707

6,134

5,269

10,725

8,050

7,999

7,192

7,183

7,564

10,054

6,013

5,865

Total Liabilities

544,495

528,029

514,356

496,388

473,435

465,904

467,352

464,790

451,891

440,602

434,600

427,514

417,266

413,144

401,105

402,935

398,461

399,509

398,952

409,746

410,422

415,841

416,860

421,578

420,581

416,896

420,064

424,167

421,214

415,402

431,677

426,408

429,801

424,650

430,795

424,326

423,837

Commitments and Contingencies

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

-

0

0

0

Stockholders' Equity
Common stock, $0.01 par value per share, 25,000,000 shares authorized; 6,836,514 shares issued and 5,918,269 shares outstanding at March 31, 2020 and 6,836,514 shares issued and 5,924,339 shares outstanding at December 31, 2019

68

68

68

68

68

68

68

68

68

68

68

68

68

68

68

68

68

67

67

67

67

67

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

Additional paid-in capital

31,105

31,078

31,042

30,995

30,955

30,916

30,870

30,819

30,766

30,719

30,667

30,619

30,571

30,532

30,524

30,131

29,701

29,359

28,891

28,848

28,817

28,684

28,104

28,050

28,047

28,039

27,976

27,978

27,975

27,973

27,973

27,978

27,982

27,987

27,971

27,954

27,920

Treasury stock, at cost (918,245 shares at March 31, 2020 and 912,175 shares at December 31, 2019)

10,365

10,184

9,802

9,547

8,867

8,805

8,137

7,921

7,679

7,309

7,309

7,244

7,032

7,300

7,167

7,100

6,983

7,026

6,816

6,816

6,550

6,420

6,420

6,617

6,650

6,588

6,527

6,469

6,469

6,469

6,260

6,260

6,260

6,260

6,260

6,260

6,091

Unearned shares held by ESOP

1,343

1,364

-

-

-

1,449

-

-

-

1,535

-

-

-

1,620

-

1,663

1,684

1,706

1,727

1,748

1,769

1,791

1,812

-

-

1,876

-

-

-

-

-

-

-

-

-

-

-

Unearned shares held by ESOP

-

-

1,385

1,407

1,428

-

1,471

1,492

1,514

-

1,556

1,577

1,599

-

1,642

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned shares held by ESOP

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,833

1,855

-

1,897

1,918

1,940

1,961

1,982

2,004

2,025

2,046

2,068

2,089

2,132

Unearned shares held by compensation plans

215

39

71

123

189

200

273

353

429

540

618

704

783

578

591

659

705

580

630

676

719

622

669

509

490

499

512

526

539

553

566

580

593

606

644

681

757

Retained earnings

62,422

61,950

61,038

60,306

59,766

59,145

58,339

57,509

56,731

56,181

55,785

55,031

54,076

53,546

53,567

53,224

52,716

50,919

50,237

49,153

48,607

48,192

47,544

47,004

46,252

45,624

44,719

43,880

43,215

42,468

41,837

41,376

40,630

39,770

39,317

38,307

36,737

Accumulated other comprehensive income

2,159

1,331

1,569

1,372

757

129

-595

-101

250

791

1,124

1,215

1,300

1,382

2,567

3,044

2,715

2,843

3,323

3,018

4,072

3,520

2,914

2,873

2,040

505

1,545

1,784

4,685

5,461

5,988

5,135

4,538

5,036

4,659

1,820

-533

Total Stockholders' Equity

83,831

82,840

82,459

81,664

81,062

79,804

78,801

78,529

78,193

78,375

78,161

77,408

76,601

76,030

77,326

77,045

75,828

73,876

73,345

71,846

72,525

71,630

69,727

69,034

67,410

65,271

65,370

64,795

-

66,985

-

-

-

-

-

-

-

Total Stockholders' Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,993

-

67,056

65,711

64,338

63,947

63,041

59,117

55,210

Total Liabilities and Stockholders' Equity

628,326

610,869

596,815

578,052

554,497

545,708

546,153

543,319

530,084

518,977

512,761

504,922

493,867

489,174

478,431

479,980

474,289

473,385

472,297

481,592

482,947

487,471

486,587

490,612

487,991

482,167

485,434

488,962

488,207

482,387

498,733

492,119

494,139

488,597

493,836

483,443

479,047