Lake Shore Bancorp Q2 net income +13% to $2.2M on margin expansion; buyback commenced post-period

Filed August 11, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 12, 2025 · ~2 min read

Key Changes

• high

  Net income rose 13.2% to $2.2M ($0.29/share diluted, +16.0%) in Q2 2026 vs Q2 2025, driven by net interest margin expansion to 4.06% from 3.84% as deposit costs fell 33 basis points while asset yields declined 19 basis points.

  MD&A: Net Income and Net Interest Margin verify on EDGAR →
• high

  The company commenced share repurchases on July 28, 2026 under a 5% buyback program adopted October 2025, following the one-year anniversary of its July 2025 second-step conversion that raised $49.5M and transitioned to a fully-public stock holding company structure.

  Subsequent Events Note view on EDGAR →
• medium

  Provision for credit losses was $119K in Q2 2026 vs $0 in Q2 2025, driven by a $169K provision for unfunded commitments partially offset by a $50K credit to the loan allowance; total allowance for credit losses on loans declined to $4.7M from $5.2M a year earlier.

  MD&A: Provision for Credit Losses verify on EDGAR →