secwatch.observer — SEC 8-K summary
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Issuer:     Lake Shore Bancorp, Inc. /MD/ (LSBK)
CIK:        0002059653
Form:       8-K
Filed at:   2026-10-21T20:30:14+00:00
Accession:  0001193125-26-427891
Event type: earnings
Sentiment:  neutral
Materiality: 0.42
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Lake Shore Bancorp Q3 EPS $0.31 vs $0.32; net income $2.3M, NIM 4.17%
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- Q3 2026 net income $2.3M, or $0.31 per diluted share, versus $2.4M/$0.32 in Q3 2025; prior-year quarter included a one-time BOLI death benefit.
- Net interest income rose 12.4% YoY to $7.1M; net interest margin 4.17% vs 3.72% a year ago and 4.06% in Q2 2026; efficiency ratio improved to 60.95%.
- First nine months 2026 net income $6.4M ($0.87 per diluted share), up 20.1% from $5.3M ($0.70); nine-month net interest income $20.7M, +15.3%.
- Provision for credit losses $290,000 in Q3; non-performing assets 0.24% of total assets; Tier 1 leverage 17.56% and total risk-based capital 23.89%.
- Repurchased 105,090 shares at average $17.92 in Q3; book value per share $18.20 vs $18.10 at Dec 31, 2025; total assets $734.2M, deposits $580.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2059653/000119312526427891/0001193125-26-427891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2059653/000119312526427891/lsbk-20261021.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-427891

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