Lake Shore Bancorp (LSBK) Reports Q1 EPS of $0.10

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Lake Shore Bancorp, Inc. Reports First Quarter Net Income of $0.6 Million

April 29, 2015 4:38 PM EDT

Strong Commercial Lending Growth Continued Through the First Quarter

Board Declares Cash Dividend of $0.07 per Share

DUNKIRK, N.Y., April 29, 2015 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the "Company") (Nasdaq: LSBK), the holding company for Lake Shore Savings Bank (the "Bank"), announced first quarter 2015 net income of $0.6 million, or $0.10 per diluted share, compared to net income of $0.8 million, or $0.14 per diluted share, for the first quarter of 2014. The decrease in first quarter 2015 net income over the same... More