Lake Shore Bancorp, Inc. (LSBK): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Ubicado en el corazón del oeste de Nueva York, Lake Shore Bancorp, Inc. (LSBK) emerge como una institución financiera dinámica que transforma la banca tradicional en una experiencia vibrante, impulsada por la comunidad. Al combinar sin problemas el servicio local personalizado con tecnologías digitales de vanguardia, este banco regional crea un modelo de negocio único que va mucho más allá de las simples transacciones financieras. Desde sus asociaciones estratégicas hasta flujos de ingresos innovadores, Lake Shore Bancorp demuestra cómo un banco local puede crear un valor excepcional en un panorama financiero cada vez más complejo.

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocios: asociaciones clave

Empresas locales y empresas comerciales en la región occidental de Nueva York

Lake Shore Bancorp, Inc. mantiene asociaciones estratégicas con aproximadamente 250 negocios locales en los condados de Erie, Niagara y Chautauqua en el oeste de Nueva York.

Categoría de asociación	Número de asociaciones	Volumen empresarial total
Empresas de pequeñas empresas	157	$ 42.3 millones
Empresas comerciales medianas	68	$ 93.6 millones
Grandes empresas regionales	25	$ 76.8 millones

Redes de préstamos hipotecarios y profesionales de bienes raíces

Lake Shore Bancorp colabora con múltiples redes de préstamos hipotecarios y profesionales de bienes raíces.

• Acuerdos totales de asociación inmobiliaria: 42
• Asociaciones de la red de préstamos hipotecarios: 17
• Volumen promedio de préstamos hipotecarios: $ 6.2 millones anuales

Proveedores de servicios financieros comunitarios

Tipo de proveedor	Número de asociaciones	Volumen de transacción anual
Coeficientes de crédito	8	$ 14.7 millones
Instituciones financieras comunitarias	12	$ 22.5 millones

Empresas regionales de inversión y seguros

Lake Shore Bancorp mantiene asociaciones estratégicas con empresas regionales de inversión y seguros.

• Asociaciones de firma de inversión total: 9
• Asociaciones del proveedor de seguros: 6
• Volumen total de inversión de asociación: $ 37.4 millones

Tipo de asociación	Número de socios	Ingresos colaborativos anuales
Empresas de inversión	9	$ 22.6 millones
Proveedores de seguros	6	$ 14.8 millones

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocios: actividades clave

Servicios de banca comercial y minorista

A partir del cuarto trimestre de 2023, Lake Shore Bancorp, Inc. reportó activos totales de $ 537.3 millones. El banco ofrece servicios de banca comercial y minorista con un enfoque en segmentos de mercado local en el oeste de Nueva York.

Categoría de servicio bancario	Volumen total (2023)
Préstamos comerciales	$ 187.4 millones
Préstamos al consumo	$ 142.6 millones
Cartera de préstamos totales	$ 330 millones

Préstamo y origen hipotecario

El banco procesó préstamos hipotecarios con las siguientes características en 2023:

• Originaciones totales de hipotecas: $ 76.2 millones
• Cartera de hipotecas residenciales: $ 215.3 millones
• Tamaño promedio del préstamo hipotecario: $ 287,000

Gestión de cuentas de depósito

Tipo de depósito	Saldo total (2023)
Cuentas corrientes	$ 224.5 millones
Cuentas de ahorro	$ 167.8 millones
Cuentas del mercado monetario	$ 98.3 millones

Desarrollo de la plataforma de banca digital

Métricas bancarias digitales:

• Usuarios bancarios en línea: 42,500
• Descargas de aplicaciones de banca móvil: 28,300
• Volumen de transacciones digitales: 1.2 millones de transacciones en 2023

Inversión comunitaria y construcción de relaciones

Categoría de inversión comunitaria	Cantidad (2023)
Subvenciones de negocios locales	$ 1.4 millones
Préstamos de desarrollo comunitario	$ 3.2 millones
Contribuciones caritativas	$287,000

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocios: recursos clave

Red de sucursales físicas

Lake Shore Bancorp, Inc. mantiene una red de sucursales físicas enfocadas en los condados de Erie y Niagara, Nueva York. A partir de la última información financiera:

Ubicación	Número de ramas
Condado de Erie	6 ramas
Condado de Niagara	4 ramas
Red de sucursales totales	10 ramas

Presencia del mercado local

La fuerte presencia del mercado local del banco se caracteriza por:

• Cuota de mercado en la región del oeste de Nueva York: 3.2%
• Activos totales: $ 573.8 millones (a partir del cuarto trimestre de 2023)
• Depósitos totales: $ 504.2 millones

Equipo de gestión

Posición	Años de experiencia bancaria
CEO	Más de 25 años
director de Finanzas	Más de 18 años
Altos ejecutivos	Promedio de más de 15 años

Tecnología de banca digital

Inversiones de infraestructura tecnológica: $ 2.3 millones en 2023

• Plataforma bancaria en línea
• Aplicación de banca móvil
• Sistemas de seguridad de transacciones digitales

Reservas de capital financiero

Métrico de capital	Cantidad
Relación de capital de nivel 1	12.4%
Reservas de capital total	$ 68.5 millones
Capital basado en el riesgo	14.2%

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocio: propuestas de valor

Experiencia bancaria comunitaria personalizada

A partir del cuarto trimestre de 2023, Lake Shore Bancorp, Inc. reportó activos totales de $ 625.4 millones, sirviendo a las comunidades locales en el oeste de Nueva York. El banco mantiene 10 ubicaciones de sucursales de servicio completo en los condados de Erie y Niagara.

Métricas bancarias	Valor
Activos totales	$ 625.4 millones
Número de ubicaciones de sucursales	10
Cobertura geográfica	Condados de Erie y Niagara

Tasas de interés competitivas para clientes locales

Lake Shore Bancorp ofrece tarifas competitivas en varios productos de depósito:

Producto	Rango de tasas de interés
Cuentas de ahorro	0.50% - 1.25%
Certificados de depósito	2.75% - 4.50%
Cuentas del mercado monetario	1.10% - 2.25%

Ofertas integrales de productos financieros

• Cuentas corrientes personales
• Cuentas corrientes de negocios
• Préstamos hipotecarios
• Préstamos inmobiliarios comerciales
• Préstamos personales
• Servicios de banca en línea y móvil

Servicio al cliente local receptivo

Lake Shore Bancorp mantiene un enfoque centrado en el cliente con un tiempo de respuesta de servicio al cliente promedio de 24 horas o menos.

Soluciones bancarias flexibles para pequeñas empresas

A partir de 2023, el banco ofrece servicios especializados para pequeñas empresas:

Servicios de banca de negocios	Detalles
Cartera de préstamos comerciales	$ 187.3 millones
Tamaño promedio del préstamo comercial	$125,000 - $500,000
Cuentas corrientes de negocios	No hay tarifas de mantenimiento mensuales para saldos de calificación

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocios: relaciones con los clientes

Interacciones de rama cara a cara

Lake Shore Bancorp mantiene 3 ubicaciones de sucursales físicas en el oeste de Nueva York a partir de 2024. Interacciones diarias promedio de clientes por rama: 42 clientes.

Ubicación de la rama	Interacciones diarias promedio de clientes	Horas de servicio
Hamburgo, Nueva York	42	9:00 am - 4:00 pm
Orchard Park, NY	38	9:00 am - 4:00 pm
West Seneca, NY	45	9:00 am - 4:00 pm

Canales de soporte bancario digital

Estadísticas de la plataforma de banca digital:

• Usuarios bancarios en línea: 7.823
• Descargas de aplicaciones de banca móvil: 5,412
• Volumen de transacciones digitales: 68,340 transacciones mensuales

Servicios de asesoramiento financiero personalizado

Métricas de servicio de asesoramiento financiero:

Tipo de servicio	Número de clientes	Tarifa de asesoramiento promedio
Planificación financiera personal	412	$ 250 por consulta
Planificación de jubilación	287	$ 350 por consulta
Gestión de inversiones	203	0.75% de los activos bajo administración

Programas de participación comunitaria

Métricas de participación de la comunidad:

• Patrocinios anuales de eventos comunitarios: 12
• Donaciones caritativas locales: $ 87,500 en 2023
• Talleres de educación financiera realizados: 24

Enfoque bancario centrado en la relación

Indicadores de rendimiento de la relación con el cliente:

Métrico	Valor 2024
Tasa de retención de clientes	89.3%
Duración promedio de la relación con el cliente	7.2 años
Tasa de éxito de venta cruzada	42%

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocios: canales

Ubicaciones de sucursales bancarias físicas

A partir de 2024, Lake Shore Bancorp, Inc. opera 8 ubicaciones de sucursales bancarios físicos en el estado del oeste de Nueva York, específicamente concentrado en los condados de Erie y Chautauqua.

Condado	Número de ramas
Condado de Erie	5
Condado de Chautauqua	3

Plataforma bancaria en línea

Características bancarias digitales:

• Acceso seguro a la cuenta basada en la web
• Monitoreo de transacciones en tiempo real
• Servicios de pago de facturas
• Declaraciones electrónicas

Aplicación de banca móvil

Aplicación móvil disponible para plataformas iOS y Android con 12,500 usuarios mensuales activos a diciembre de 2023.

Plataforma	Descargar estadísticas
Tienda de aplicaciones de iOS	7,200 descargas
Google Play Store	5.300 descargas

Servicios de banca telefónica

Línea de atención al cliente 24/7 con tiempo de respuesta promedio de 2.5 minutos durante el horario comercial.

Red de cajeros automáticos

Total de 15 ubicaciones de cajeros automáticos en las regiones de servicio, con 12 propiedad de Lake Shore Bancorp y 3 a través de asociaciones de redes compartidas.

Tipo de cajero automático	Número de máquinas
Cajeros automáticos	12
ATMS de socios de red	3

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocios: segmentos de clientes

Clientes bancarios residenciales locales

A partir de 2023, Lake Shore Bancorp atiende a aproximadamente 12.500 clientes de banca residencial local en su área de mercado principal. El banco ofrece el siguiente cliente profile descomponer:

Categoría de clientes	Porcentaje	Número de clientes
Propietarios de viviendas por primera vez	22%	2,750
Propietarios establecidos	48%	6,000
Inquilino	30%	3,750

Empresas pequeñas a medianas

Lake Shore Bancorp es compatible con 875 clientes comerciales pequeños a medianos con la siguiente distribución del segmento:

• Negocios minoristas locales: 35% (306 empresas)
• Servicios profesionales: 28% (245 empresas)
• Restaurantes y hospitalidad: 18% (158 empresas)
• Fabricación: 12% (105 empresas)
• Otras industrias de servicios: 7% (61 empresas)

Inversores inmobiliarios comerciales

El banco atiende a 142 inversores inmobiliarios comerciales con un valor de cartera total de $ 214.6 millones a partir del cuarto trimestre de 2023.

Tipo de inversión	Número de inversores	Valor de inversión total
Propiedades residenciales	68	$ 98.3 millones
Propiedades comerciales	47	$ 76.5 millones
Propiedades de uso mixto	27	$ 39.8 millones

Titulares de cuentas de jubilación individuales

Lake Shore Bancorp administra 3.250 cuentas de jubilación individuales con la siguiente asignación:

• IRA tradicional: 62% (2,015 cuentas)
• Roth IRA: 28% (910 cuentas)
• Rollover IRA: 10% (325 cuentas)

Organizaciones comunitarias locales

El banco apoya a 87 organizaciones comunitarias locales con una inversión comunitaria total de $ 1.2 millones en 2023.

Tipo de organización	Número de organizaciones	Inversión total
Instituciones educativas	22	$385,000
Organizaciones benéficas sin fines de lucro	35	$475,000
Desarrollo comunitario	30	$340,000

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocio: Estructura de costos

Gastos operativos de rama

A partir del informe anual de 2023, los gastos operativos de la sucursal de Lake Shore Bancorp totalizaron $ 2,347,000, que incluye:

Categoría de gastos	Monto ($)
Alquiler y servicios públicos	872,000
Mantenimiento	456,000
Seguro	319,000
Material de oficina	214,000
Seguridad	186,000

Compensación y beneficios de los empleados

Los gastos totales relacionados con los empleados para 2023 fueron de $ 5,612,000, desglosados ​​de la siguiente manera:

• Salarios base: $ 3,987,000
• Seguro de salud: $ 892,000
• Beneficios de jubilación: $ 533,000
• Bonos de rendimiento: $ 200,000

Mantenimiento de la infraestructura tecnológica

Los costos de infraestructura tecnológica para 2023 ascendieron a $ 1,456,000, que incluyen:

Gasto tecnológico	Monto ($)
Licencia de software	476,000
Actualizaciones de hardware	382,000
Ciberseguridad	298,000
Es compatible	300,000

Costos de cumplimiento regulatorio

Los gastos de cumplimiento regulatorio para 2023 totalizaron $ 987,000, que comprenden:

• Consultoría legal: $ 412,000
• Tarifas de auditoría: $ 335,000
• Capacitación de cumplimiento: $ 140,000
• Sistemas de informes: $ 100,000

Gastos de marketing y adquisición de clientes

Los gastos de marketing para 2023 fueron de $ 643,000:

Canal de marketing	Monto ($)
Publicidad digital	276,000
Medios impresos	187,000
Eventos comunitarios	104,000
Materiales promocionales	76,000

Lake Shore Bancorp, Inc. (LSBK) - Modelo de negocio: flujos de ingresos

Ingresos por intereses de préstamos

Para el año fiscal 2023, Lake Shore Bancorp, Inc. reportó ingresos por intereses totales de $ 19.4 millones, con ingresos por intereses netos de $ 15.2 millones.

Categoría de préstamo	Préstamos totales	Ingresos por intereses
Inmobiliario comercial	$ 212.3 millones	$ 8.7 millones
Hipoteca residencial	$ 156.5 millones	$ 6.3 millones
Préstamos al consumo	$ 45.2 millones	$ 1.9 millones

Tarifas de préstamos hipotecarios

Las tarifas de préstamos hipotecarios para 2023 totalizaron $ 1.6 millones, lo que representa el 3.7% de los ingresos totales sin intereses.

Cargos de mantenimiento de la cuenta

Los cargos de mantenimiento de la cuenta generaron $ 0.9 millones en ingresos para el año fiscal 2023.

• Tarifas de la cuenta corriente: $ 0.4 millones
• Tarifas de la cuenta de ahorro: $ 0.3 millones
• Tarifas de la cuenta comercial: $ 0.2 millones

Comisiones de productos de inversión

Las comisiones de productos de inversión para 2023 alcanzaron $ 2.1 millones.

Producto de inversión	Ingresos por comisión
Fondos mutuos	$ 0.8 millones
Productos de jubilación	$ 0.7 millones
Servicios de gestión de patrimonio	$ 0.6 millones

Tarifas de servicio bancario digital

Las tarifas de servicio bancario digital ascendieron a $ 0.7 millones en 2023.

• Transacciones bancarias en línea: $ 0.3 millones
• Servicios de banca móvil: $ 0.2 millones
• Tarifas de pago electrónico: $ 0.2 millones

Lake Shore Bancorp, Inc. (LSBK) - Canvas Business Model: Value Propositions

You're building a financial institution that competes against giants, so your value proposition has to be sharp and deeply rooted in trust. For Lake Shore Bancorp, Inc., that means leaning hard into its local identity, which is now backed by fresh capital from its 2025 conversion.

Community-centric banking with local decision-making power

Lake Shore Bancorp, Inc. positions itself as a hyper-local financial partner, a holding company for Lake Shore Bank, which has served Western New York since 1891. This local focus means decisions about lending and service aren't made far away; they happen right where the customers live and work across its ten full-service branches in Chautauqua and Erie Counties, New York. This commitment to the region is a core differentiator against larger, less localized competitors.

Diversified product suite: retail, commercial, and mortgage lending

The bank offers a comprehensive set of financial tools designed for its local base. While it serves consumers with standard retail deposit accounts, its lending strategy has a core focus on commercial real estate lending, alongside offering term loans and lines of credit to businesses. You see this mix reflected in the balance sheet as of the third quarter of 2025:

Metric	Amount (Q3 2025)
Total Assets	$742.8 million
Total Loans	$552.6 million
Total Deposits	$590.3 million

This structure supports both the individual and the small-to-midsize business segments within its market area.

Personalized customer service, a hallmark of community banks

The stated mission, 'Putting People First,' translates directly into service delivery. The bank emphasizes building lasting customer relationships and delivering outstanding customer service, which is what you expect from a local institution rather than a transactional one. This focus helps maintain a loyal deposit base, which is crucial for funding loan growth.

Financial stability and resilience demonstrated by a Tier 1 Leverage ratio of 14.31% (Q1 2025)

A key value proposition for any bank customer or investor is safety. Lake Shore Bancorp, Inc. demonstrated strong capital strength following its conversion. As reported for the first quarter of 2025, the bank maintained a robust capital position. Here are the key stability metrics:

• Community-centric banking with local decision-making power
• Diversified product suite: retail, commercial, and mortgage lending
• Personalized customer service, a hallmark of community banks
• Financial stability and resilience demonstrated by a Tier 1 Leverage ratio of 14.31% (Q1 2025)
• Direct stake in the community via the localized stock offering

To give you a fuller picture of its performance leading into the second half of 2025, the Net Interest Margin (NIM) improved to 3.72% in Q3 2025, up from 3.49% in Q1 2025, showing improved profitability from its lending activities. Furthermore, credit quality remains sound, with non-performing assets as a percent of total assets falling to 0.24% at the end of Q2 2025.

Direct stake in the community via the localized stock offering

The transformation from a mutual holding company to a fully public stock entity in July 2025 was structured to benefit the local community directly. The subscription offering raised approximately $49.5 million in gross proceeds by selling 4,950,460 shares at $10.00 per share. This wasn't a typical public offering; eligible depositors and employees received first access, followed by a community offering open to residents of the three target counties. This move essentially allowed local stakeholders to gain an equity stake in their financial partner, cementing a symbiotic relationship. The book value per share ended Q2 2025 at $16.13, showing immediate value accretion post-conversion.

Finance: draft 13-week cash view by Friday.

Lake Shore Bancorp, Inc. (LSBK) - Canvas Business Model: Customer Relationships

You're looking at how Lake Shore Bancorp, Inc. connects with its customers, especially after its big conversion to a stock holding company in mid-2025. The bank's entire strategy hinges on being a trusted, local partner in Western New York.

Dedicated, personalized service model at the branch level

Lake Shore Bank maintains a physical presence that supports its relationship focus. As of mid-2025, Lake Shore Savings Bank operates ten full-service branch locations across its core Western New York markets. This physical footprint is split with four branches located in Chautauqua County and six branches in Erie County. This structure allows for direct, in-person service, which is key for a community-oriented institution serving markets like Dunkirk, NY.

The scale of the operation, with total assets at $734.8 million at the end of Q2 2025, suggests that these branches serve a manageable customer base relative to larger regional players, supporting a more personal touch.

Relationship managers for commercial and high-value retail clients

While specific headcount for relationship managers isn't public, the business focus supports this structure. Lake Shore Bank's main lines of business include both consumer and commercial banking services, with a significant concentration in commercial real estate lending at 58.5% of the gross loan portfolio and residential mortgages at 27.9% as of Q2 2025. The capital raised in the mid-2025 stock offering is explicitly intended to support increased lending capacity, which directly translates to needing strong relationship management for commercial clients. The bank's emphasis on serving individuals, families, and businesses suggests dedicated staff guide these higher-value relationships.

Self-service digital and mobile banking platforms

To complement the branch service, Lake Shore Bancorp, Inc. is actively working to enhance its digital offerings. The capital infusion from the stock offering is earmarked, in part, to enhance digital banking infrastructure. The bank already provides robust digital platforms, allowing customers to manage accounts, transfer funds, pay bills, and deposit checks remotely. You can get the bank's app through the Apple Social Media or Google Playstore platforms. The bank's total deposits reached $627.5 million by the end of Q2 2025, indicating a substantial base utilizing their service channels, both physical and digital.

Community engagement to foster long-term, trust-based relationships

Lake Shore Bancorp, Inc. has been serving the Western New York community since 1891, which is the bedrock of its trust-based relationships. This commitment was formalized during the mutual-to-stock conversion in 2025, where the stock offering prioritized local stakeholders.

The structure of the offering demonstrated this priority:

• First access went to eligible depositors and employees.
• Second preference in the community offering went to natural persons residing in Chautauqua, Erie, and Cattaraugus counties.

This strategy ensured that local stakeholders gained equity stakes, directly embedding the bank's financial future with the community's. The bank's focus is on local roots, not just altruism; it's shrewd business for long-term stability.

Here is a snapshot of the bank's scale as of mid-2025, which frames the customer base:

Metric	Value (Q2 2025 End)	Context
Total Assets	$742.8 M	Reported in Third Quarter 2025 results
Total Deposits	$627.5 M	As of Q2 2025 end
Net Interest Margin	3.84 %	Q2 2025, up 70 basis points year-over-year
Cash Dividend Declared (July 2025)	$0.09 per share	Declared July 23, 2025
Branch Count (Western NY)	10	Full-service locations

The bank's recent financial performance shows strong customer traction, with total deposits growing 9.5% from the start of the year to reach $627.5 million by the end of Q2 2025.

Lake Shore Bancorp, Inc. (LSBK) - Canvas Business Model: Channels

You're looking at how Lake Shore Bancorp, Inc. gets its value proposition-that community-focused, personalized service-out to its customers in Western New York. For a bank that just completed its mutual-to-stock conversion in mid-2025, the channel strategy is a blend of established local presence and necessary digital upgrades.

Physical branch network remains central to the delivery, especially given the bank's deep roots in the region. Lake Shore Bancorp, Inc. operates through its subsidiary, Lake Shore Bank, maintaining a focused footprint. This physical access is key for relationship banking, which you know is crucial for commercial clients.

• Physical branch network: 10 full-service offices in Western New York.
• Geographic concentration in Chautauqua and Erie Counties, New York.
• Specific branch locations include Depew, Dunkirk, East Amherst, Fredonia, Hamburg, Kenmore, Lakewood, Orchard Park, Snyder, and Westfield.

The digital channels are where you see the bank adapting to modern expectations post-conversion. They offer robust online and mobile banking platforms. This lets customers manage accounts, transfer funds, pay bills, and use remote check deposit, which helps them maintain an efficient expense profile while serving customers outside of branch hours. Honestly, for a bank this size, digital parity is a must-have, not a nice-to-have.

For immediate cash access, the ATM network supports basic transactions. While the exact number of proprietary ATMs isn't public, this channel ensures 24/7 transactional capability, supplementing the 10 physical offices. It's the baseline expectation for any retail banking customer today.

The direct sales force is clearly geared toward the stated goal of driving commercial loan portfolio growth. This team focuses on direct engagement for commercial and mortgage lending, which are high-value services where personal interaction still beats an app. The bank's total loan portfolio stood at $552.6 M as of September 30, 2025, indicating this channel is actively managing a substantial asset base.

To put these channel operations into the context of the bank's overall size as of late 2025, here are the key financial figures from the third quarter report. You can see the scale they are managing across these delivery methods.

Financial Metric	Amount/Value (as of 9/30/2025)
Total Assets	$742.8 M
Total Deposits	$590.3 M
Total Loans	$552.6 M
Net Interest Margin (NIM)	3.72 %
Book Value Per Share	$17.80
Trailing Twelve Months (TTM) Revenue	$25.69 Million USD
Total Employees (as of Dec 4, 2025)	93

The bank is clearly focused on leveraging its tight geographic network while ensuring its digital tools are functional enough to support its $590.3 M in deposits. If onboarding for digital services takes longer than a week, churn risk rises, but we don't have that specific data point yet.

Finance: draft the 13-week cash view by Friday.

Lake Shore Bancorp, Inc. (LSBK) - Canvas Business Model: Customer Segments

You're looking at the core groups Lake Shore Bancorp, Inc. serves, especially now that they've completed the mutual-to-stock conversion in July 2025. The bank remains deeply rooted in its local geography.

Retail Customers: Individuals and families in Western New York

This segment is the foundation, served through the ten full-service branch locations in Western New York-four in Chautauqua County and six in Erie County. They use standard consumer banking products.

• Total Deposits as of 9/30/2025: $590.3 M.
• Non-interest-bearing deposits accounted for only 14.6% of total deposits at the end of Q2 2025.
• The bank offers various deposit products, including regular savings, NOW accounts, and health savings accounts.

Small and Medium-sized Businesses (SMBs) in the local market

Lake Shore Bancorp, Inc. supports local commerce by offering commercial banking services tailored for SMBs. This is a key area for loan growth focus.

SMB Banking Service Type	Loan Portfolio Weight (as of Q2 2025)	Deposit Type Offered
Commercial Real Estate Lending	58.5% of gross loans	Commercial checking accounts
Commercial Business Loans	Part of Total Loans of $552.6 M	Commercial money market accounts
Commercial Construction Lending	Included in Total Loans	Commercial savings accounts

The bank is committed to driving commercial loan portfolio growth. Consumer and commercial banking services are main lines of business.

Residential Mortgage Borrowers (primary focus area)

This group represents a significant portion of the asset side of the balance sheet, though commercial real estate holds the largest single share. You see the bank's commitment here in the loan composition figures.

• Residential mortgages represented 27.9% of the gross loan portfolio as of Q2 2025.
• Total Loans stood at $552.6 M as of September 30, 2025.
• Real estate loans, in total, comprised almost 95% of the loan portfolio at the end of Q2 2025.
• The bank offers home equity loans and lines of credit to this segment.

New Public Shareholders post-conversion, seeking equity in a local bank

Following the mutual-to-stock conversion effective July 18, 2025, a new class of customer emerged: equity holders. They are seeking liquidity and value from a local institution now trading publicly.

• Approximately 7,825,877 shares of common stock were outstanding post-conversion.
• The stock trades on the Nasdaq Global Market under the symbol 'LSBK.'
• The subscription offering raised gross proceeds of $49.5 million.
• Stockholders' equity reached $139.3 million as of September 30, 2025.
• Lake Shore Bancorp, Inc. adopted a plan to repurchase up to 5% of its outstanding shares of common stock as of October 22, 2025.

The total assets for Lake Shore Bancorp, Inc. were reported at $742.8 M as of 9/30/2025. Finance: draft 13-week cash view by Friday.

Lake Shore Bancorp, Inc. (LSBK) - Canvas Business Model: Cost Structure

You're looking at the core expenses Lake Shore Bancorp, Inc. incurs to run its Western New York banking operations as of late 2025. Understanding this structure helps map where the capital goes before revenue streams are even considered.

The most direct, recent figures available show the operational overhead. For instance, the Non-interest expense, which covers everything outside of funding the balance sheet, totaled $4.6 million in Q2 2025. This was a decrease of 5.2% compared to Q1 2025.

The cost of funds is a major component. The required figure for Interest Expense on deposits and borrowings for the third quarter of 2025 was reported at $3.0 million.

To give you a clearer picture of the known cost components against other key Q3 2025 metrics, here is a quick snapshot:

Metric	Amount/Value (Late 2025)
Interest Expense on Deposits and Borrowings (Q3 2025)	$3.0 million
Non-interest Expense (Q2 2025)	$4.6 million
Total Assets (as of 9/30/2025)	$742.8 M
Total Deposits (as of 9/30/2025)	$590.3 M

The physical footprint contributes to fixed costs. Lake Shore Bancorp, Inc. supports its operations through 10 full-service branch locations across Western New York. These locations, split between Chautauqua County (four) and Erie County (six), drive the Occupancy and equipment costs, though a specific dollar amount for these items within the total non-interest expense isn't itemized in the latest releases.

The remaining cost buckets are essential but less transparent in the high-level summaries you see right now. You should expect significant outlays for:

• Personnel costs (salaries and benefits) for branch and corporate staff.
• Regulatory compliance and technology maintenance costs, which are critical for a New York-chartered commercial bank post-conversion.

The commitment to maintaining an efficient expense profile suggests management is actively watching these areas, especially as they navigate the post-mutual-to-stock conversion environment. Finance: draft 13-week cash view by Friday.

Lake Shore Bancorp, Inc. (LSBK) - Canvas Business Model: Revenue Streams

You're looking at the core ways Lake Shore Bancorp, Inc. (LSBK) brings in money as of late 2025. For a community bank, this is almost entirely about the spread between what they earn on assets and what they pay on liabilities, plus a smaller slice from fees.

The primary engine is the Net Interest Income (NII) derived from its balance sheet-the loans it makes and the securities it holds. For the first nine months of 2025, Lake Shore Bancorp, Inc. reported $17.94 million in Net Interest Income. This is a solid increase from the $15.72 million reported for the same period in 2024, showing the benefit of their asset positioning, with the Net Interest Margin (NIM) for the nine months ending September 30, 2025, hitting 3.68%.

The interest income itself comes from the loan portfolio, which totaled $552.6 million as of September 30, 2025. While the exact 2025 breakdown isn't fully detailed in the latest reports, the bank's historical concentration shows a heavy reliance on real estate lending, which is typical for a community institution in Western New York. You can see the structure based on Q2 2025 data, which gives you a good idea of where the interest income is generated:

Loan Category (Based on Q2 2025 Concentration)	Approximate % of Gross Loan Portfolio	Example Q3 2025 Interest Income
Commercial Real Estate Loans	58.5%	Not specified by segment
Residential Mortgage Loans	27.9%	Not specified by segment
Other Loans (Consumer, Commercial Business, etc.)	~13.6%	Total Interest Income (Q3 2025): $9.4 million

Beyond the interest spread, non-interest income provides a secondary, though smaller, revenue stream. This is where service charges and fees come in. While the Q3 2025 report noted an overall increase in non-interest income, it also mentioned a decrease in service charges and fees specifically. For context on the magnitude, the income from service charges and fees for the quarter ending June 30, 2025, was $0.273 million (or $273 in thousands).

The final, less frequent, revenue component involves capital gains. This is not a steady stream, but it does contribute when the bank decides to move assets. For the quarter ending June 30, 2025, Lake Shore Bancorp, Inc. recorded $0.065 million (or $65 in thousands) from Unrealized gain on equity securities.

Here's a quick look at the key components of non-interest income based on the most detailed available figures:

• Total Non-Interest Income (Q2 2025): $0.800 million (or $800 in thousands).
• Service charges and fees (Q2 2025): $0.273 million.
• Earnings on bank-owned life insurance (Q2 2025): $0.221 million (or $221 in thousands).
• Unrealized gain on equity securities (Q2 2025): $0.065 million.

Finance: draft the 13-week cash view by Friday.