Lake Shore Bancorp (LSBK) Declares $0.08 Quarterly Dividend; 2% Yield

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Lake Shore Bancorp, Inc. Reports Third Quarter 2017 and Year to Date Earnings and Declares Dividend

October 26, 2017 12:24 PM EDT

DUNKIRK, N.Y., Oct. 26, 2017 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the Company) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the Bank), announced unaudited results for the third quarter of 2017 and the nine months ended September 30, 2017.

2017 Third Quarter and Year to Date Highlights:

Total assets at September 30, 2017 increased $23.6 million, or 4.8%, to $512.8 million when compared to December 31, 2016 and exceeded $500 million for the first time in company history during 2017;Loans receivable, net increased 11.0% to $362.4 million at September 30, 2017 from $326.4 million at December 31, 2016... More