Source-grounded facts extracted from Lake Shore Bancorp, Inc. /MD/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Lake Shore Bancorp, Inc. /MD/ reported the first quarter of 2026 results: net income $1.9 million, EPS $0.26 per diluted share.
“Lake Shore Bancorp, Inc. (the "Company") (NASDAQ: LSBK), the holding company for Lake Shore Bank (the "Bank"), reported unaudited net income of $1.9 million, or $0.26 per diluted share, for the first quarter of 2026”
Governance Changes
Lake Shore Bancorp, Inc. /MD/: Amended and restated bylaws to allow the Board to waive director qualification requirements by a two-thirds vote (effective 2026-03-17).
“On March 17, 2026, the Board of Directors of the Company amended and restated the Company’s Bylaws to allow the Board of Directors to waive any director qualification requirements set forth in the Company’s Bylaws if the Board of Directors determines, by a two-thirds vote of the directors, it is in the best interest of the Company to waive such qualification.”
Material Agreements
Lake Shore Bancorp, Inc. /MD/ entered into Standstill Agreement with Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., Stilwell Value LLC, Joseph Stilwell (collectively, the “Stilwell Group”) and Dennis Pollack (effective 2026-03-17).
“On March 17, 2026, Lake Shore Bancorp, Inc. (the “Company”) entered into a Standstill Agreement (the “Agreement”) with Stilwell Activist Fund, L.P. (“Activist Fund”), Stilwell Activist Investments, L.P. (“Activist Investments”), Stilwell Partners, L.P. (“Stilwell Partners”), Stilwell Value LLC, (“Stilwell Value”), Joseph Stilwell (collectively, with Activist Fund, Activist Investments, Stilwell Partners, and Stilwell Value, the “Stilwell Group,” and each individually, a “Stilwell Group Member”) and Dennis Pollack.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.