Lake Shore Bancorp (LSBK) Declares $0.12 Quarterly Dividend; 3.2% Yield
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Lake Shore Bancorp, Inc. Reports First Quarter 2019 Earnings and Declares Dividend
April 25, 2019 10:49 AM EDTDUNKIRK, N.Y., April 25, 2019 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the Company) (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the Bank), announced unaudited results for the first quarter of 2019.Â
2019 First Quarter Highlights:
Net interest income increased $206,000, or 4.8%, for the first quarter 2019 when compared to the first quarter 2018 primarily due to a $18.3 million, or 11.6%, increase in average commercial real estate loans during the three months ended March 31, 2019 as compared to the three months ended March 31, 2018;Total assets at March 31, 2019 increased $8.8 million, or 1.6%, to... More