Lake Shore Bancorp (LSBK) Declares $0.16 Quarterly Dividend; 4.4% Yield
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Lake Shore Bancorp, Inc. Announces 2022 First Quarter Financial Results and Declares Dividend
April 27, 2022 2:47 PM EDTDUNKIRK, N.Y., April 27, 2022 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the Company) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the Bank), reported unaudited net income of $1.1 million, or $0.18 per diluted share, for the 2022 first quarter compared to net income of $1.7 million, or $0.29 per diluted share, for the 2021 first quarter.
2022 First Quarter Financial Highlights:
Net interest income increased 3.7% to $5.5 million during the 2022 first quarter in comparison to $5.3 million during the 2021 first quarter, due to a $6.0 million increase... More